₦airaland Forum

Intendy:
my bro if you bought flour mills @#20.45 on sept 20 and held for approximately 2months and you are happy you sold for #21,88.
what's your BEP with time value for money?

Well if you direct your question to those that bought OANDO N12 at that same period then you will know why I'm very very happy

ukay2:
Oga Peterrichy....Like which ones are 3 sound stocks to buy for good ROI?

This 3Fs won't be a bad pick.

1)FIRST BANK
2)FLOURMILL &
3)FIDELITY

Though i will advice you wait between DEC 22nd-24th except you know how to swim with the sharks.

That reminds an advice I gave somebody on this forum about 3months ago to wait and start buying when the ALSI drops to around 28000 Basis point.

So the guns are yours.

Intendy:
Nice
next question is number of unit sold

That question is irrelevant coz if I'm trading an average of 100units while you are trading an average of 100million units.

Will you spare me any of yours

Above all

No(1) investment rule is DON'T LOSE MONEY

No (2) is DONT FORGET the No1 RULE.

Hook on that and happy weekend.

http://www.telegraph.co.uk/finance/oilprices/12006554/Goldman-eyes-20-oil-as-glut-overwhelms-storage-sites.html

“The world is floating in oil. The numbers we are facing now are dreadful," said David Hufton from PVM Group

The world is running out of storage facilities for surging supplies of oil and may soon exhaust tanker space offshore, raising the chances of a violent plunge in crude prices over coming weeks, experts have warned.

Goldman Sachs told clients that the increasing glut of oil on the global market has combined with mild weather from a freak El Nino this winter. The twin-effect could send prices plummeting to $20 a barrel, the so-called ‘cash cost’ that forces drillers to abandon production. “Risks of a sharp leg lower remain elevated,” it said.

Oil has fallen from $110 a barrel early last year and is hovering near $40 for US crude, and $44 for Brent in Europe.

The US investment bank said the overall glut in the commodity markets may take another twelve months to clear. It cited 'RED FLAG’ signals on the Shanghai Future Exchange over recent days. Copper contracts point to “imminent weakening” in China’s ‘old economy’ of heavy industry and construction, it said.

http://www.cnbc.com/2015/11/19/oil-traders-prepare-for-next-big-price-drop-in-march-2016.html

Oil traders are preparing for another downward turn in prices by March 2016, market data suggests, as what is expected to be an unusually warm winter dents demand just as Iran's resurgent crude exports hit global markets after sanctions are ended.

Crude futures have already lost around 60 percent of their value since mid-2014 as supply exceeds demand by roughly 0.7 million to 2.5 million barrels per day to create a glut that analysts say will last well into 2016.

Goldman Sachs said on Thursday that there was a substantial risk of a "sharp leg lower" in oil prices.

"Mild winter weather over the coming months could see weak heating demand in the U.S. and Europe," it said. This "would likely be the trigger for adjustments through the physical market, pushing oil prices down to cash costs, which we estimate are likely around $20 per barrel," the bank added.

Intendy:
how much did you buy your flour mill and when?

I boarded @ N20:45 on 10th Sept a day after the JP MORGAN brouhaha.

My only stalk on NSE now is FBN which I got in @ N4:98 on 4th of this month.

Note:This not a buy recommendation

CC. portfolio checkers and monitors association.

Elai147:
What about the November bull you foresaw?

Well thats if only you will rack ur brain and open your eyes to see opportunities.

I have said this before and let me repeat it again i believe this an intelligent forum where people come to gather Infos then go into their closet and try as much as possible to translate it into money.

And for those waiting to be spoonfeed with success tips will always be disappointed bcuz this not a combine business forum

God that's created the heavens and the earth bears me witness I bail out FLOURMILL @ N21:88 when i saw the released result pushed it N23 and it couldn't go any further my instinct told me to sell and I pulled the trigger on 4th NOV.

Today If i want i can acquire more units from the proceeds I made.

On a last note for those after others peoples portfolio I will advice you get yourselves engaged in something meaningful because that act is like where someone is drinking poison while expecting anyother person to die

Thank you.

*ThE OcToPuS *

9free:
Am enjoying it oooooo.......more than the dusty whirlwind of Dubia.

DNT worry I will join you during the festive period to enjoy the CHANJI

@ Locodemy instead of January invest in sound stocks between Dec 22nd and 24th. Thank me later.

http://www.cnbc.com/2015/11/19/suspected-belgian-mastermind-abaaoud-among-dead-in-saint-denis-raid-reuters.html?__source=newsletter|breakingnews

The suspected mastermind of the attacks that killed 129 in Paris was among those killed in a police raid in a suburb of the French capital, the Paris prosecutor said in a statement on Thursday.
Abdelhamid Abaaoud, a 28-year-old Belgian militant, who had boasted of mounting attacks in Europe for the Islamic State, was accused of orchestrating Friday's coordinated bombings and shootings in the French capital, which killed 129 people.
Police originally thought he was in Syria, but their investigations led them to a house in the Paris suburb of St. Denis and heavily armed officers stormed the building before dawn, triggering a massive firefight and multiple explosions.

angelo82:
We need small bull on FBNH..................Market is not for Oando traders only..................

If you really know the nitty-gritty of STOCK MARKET then you will mostly pray for serious bear and patiently wait watch out for opportunity to strike. Just make sure ur trading cash is always ready 247.

I have said this countless times if you are able to strike one or two good deals in a year then you are good to go but the problem with most is lack of patience.

They want quick money all year round without a defined strategy,

At the end of the day they get both their toes and fingers burnt.

Patiently waiting for ALSI at 22000 basis point

*ThE OcToPuS *

Nomorlos:
@ Mercylicious I think Bluetooth is better for FBNH Stocklicious. Lol

Pls mercy hlep us invite bullicious to the market cos Xmas is around the corner and stocks are not smiling @all.

Abeg which other bull do you want her to invite again.

When people claim to be making billions in OANDO.

http://www.cnbc.com/2015/11/18/oil-cracks-40-on-global-supply-glut-may-head-to-30.html

U.S. oil futures sank below the key $40-per-barrel level, and now crude could test August lows and possibly fall into the low $30s per barrel.

The latest U.S. government data show that oil supplies continue to build, though at a slower pace in the past week than in the prior week.

But the figures reinforced that the global oil supply glut — with some 3 billion barrels stockpiled worldwide — is showing no signs of abating.

West Texas Intermediate futures for December briefly slipped to $39.91 in Wednesday afternoon trading, the first time below $40 since oil touched $37.75 per barrel in August. WTI futures closed at $40.75.

"I think the report just continues to underscore that we're awash in oil, and there's nothing seemingly changing. Production is still above 9.1 million.

We're 120 million barrels above the five-year average in U.S. crude stocks," said Gene McGillian, analyst with Tradition Energy.

"I really thought when the market broke below the $43 level, that really opened the window to the six-year lows."

McGillian expects to see oil drop next to the $37.75-per-barrel level, and if it breaks that, the next stop could be in the low $30s.

The EIA said it was the eighth straight weekly build, to 487.3 million barrels, just under the record 490.9 million barrels in April.

[http://www.vanguardngr.com/2015/11/buhari-seeks-senate-approval-to-borrow-n2-10-trn/]

Enjoy the CHANJI

Bloomberg - Three Killed as Police Raid Paris Flat Tracking Terror Suspects http://bloom.bg/1X6yyvb

Three people were killed as French police raided an address in the the northern suburb of Saint-Denis linked to last week’s terror attacks in Paris, a government official said.

The operation that began about 4:25 a.m. near the cathedral where French kings were entombed cornered an armed group that includes Abdelhamid Abaaoud, the suspected mastermind, AFP said. The dead include a woman who blew herself up, the official said.

No police were killed.
Five people were barricaded in the apartment and people living in the area were told to stay indoors and turn off their lights, according to France Info radio.

Helicopters circled the area and sporadic shots were being heard, Saint-Denis Mayor Didier Paillard said on France Info.

All transport in the area has been halted, he said. Schools in Saint-Denis will be closed today, AFP said.
The attacks on Friday at seven sites in the Paris area killed 129 people and injured more than 300. French police have conducted a dragnet across the country since then, carrying out hundreds of raids and searches.
Arrests have been made in Belgium and Germany in recent days as the hunt for attackers and their possible accomplices crossed Europe’s borders. While French officials blame Islamic State for the Paris strikes, Prime Minister Manuel Valls said Tuesday authorities still didn’t have the full picture, including the total number of individuals involved.

The country has stepped up bombing of Islamic State targets since Friday, destroying a command center and a training site at the terror group’s stronghold in Raqqa, Syria.

http://www.cnbc.com/2015/11/16/oil-prices-edge-up-on-paris-attack-tensions-but-market-remains-oversupplied.html

Crude oil settled more than 2 percent lower on Tuesday, resuming its slide after a one-day pause, as oversupply concerns returned to suppress a market briefly lifted by geopolitical worries linked to the Paris attacks.

A Reuters poll of analysts forecast that U.S. crude stockpiles rose for an eight straight week last week, building by 1.6 million barrels to reach near-record highs above 490 million barrels seen in April.

Brent crude futures were down 81 cents at $43.75 a barrel by 2:23 p.m. EST. In August, Brent hit a low of $42.23, which marked a 6-1/2-year bottom.

U.S. crude futures were down $1.07 at $40.67 a barrel, after hitting a session low of $40.60. In August, U.S. crude had sunk to a March 2009 low of $37.75.

http://mmc-news.com/news-how-soccer-player-and-8217;s-benching-paved-way-for-30-billion-idea-327589.dbv

A bench-warmer on one of Europe’s biggest soccer teams might be worth more than the American billionaire who owns the team — and he kept his fortune a secret from his friends, family and teammates for seven years.

Mathieu Flamini, a 31-year-old Frenchman who currently plays for Arsenal, secretly created a company that made a scientific breakthrough that could bring an end to the use of fossil fuels.

Flamini’s company, GF Biochemicals, announced Monday it had figured out how to mass-produce levulinic acid, an organic compound that can replace oil in all of its many forms.

In theory, GF Biochemicals’ discovery means an end to gasoline, biofuels and plastics as we know them. It also means Flamini’s company could be the first entrant in a brand new market worth upward of $30 billion.

Not bad for a guy who once jilted Arsenal for Italian giants AC Milan back in 2008.

At the time, Flamini was the engine of Arsenal’s midfield, but left the club after failing to negotiate a new contract.

Bloomberg - Heavy Gunfire Heard in Paris Suburb of Saint-Denis, RTL Reports http://bloom.bg/1PNC6BV

Gunfire erupted in the Paris suburb of Saint-Denis from around 4:25am Wednesday morning during the course of an anti-terrorist operation not far from the Stade de France, RTL reported.

A large bang and exchanges of gunfire which lasted many minutes could be heard, the news service cited unidentified witnesses as saying.

Born2berich:
Bros, it is either you come back to naija sharperly and collect your dividend or you sow it as a seed to wale tinubu fraudulent ministry. Choose one.

Well i pray they should be on ground till Janaury then after getting my dividend they are now free to fill for bankruptcy for all i care.

Born2berich:
It simply means that uncle wale wants to collect back from those that are yet to receive their dividend. To owe debt of about N200bn no be beans oooO....Remember also that there will be interest on the bank loan that was received during the COP deal.

How possible will that be thought the money is already with their registrar?

I wasn't last in town last year so both my 30kobo and 70kobo dividend is still pending.

Born2berich:
Well as long as i am no longer a shareholder, i have no business with them and dividend that i have eaten and pooed out long ago.

Does it mean those of us that are yet to receive the dividend will be made to forfeit it or what

Bcoz I'm planning to do both my BVN and run around for all my past OANDO dividends come Jan 2016.

Born2berich:
I see a storm brewing, oga gudluckIBB vs ThE OcToPuS. Make una take am easy ooo

I can see OANDO is giving alot of people HBP and I'm not ready to join issues.

Like I said earlier i disposed all my OANDO in first week of September when i discovered it will sell below N4 and since then i ve been raising red flags.

"We will auction OANDO properties if they fail payback the loan FBN gave them" So when we are done with WALE and his GANGS they will only be left with their forward looking statement.

Simply means I'm an FBN shareholders and our ELEPHANT is currently trialling the braze

So he better take a bottle of chilled wine and relax his nerves.

Make una no worry when we are done with WALE and his GANGS they will be left with only their FORWARD LOOKING STATEMENTS

kingcharlesD:
you are joking man........you cant auction their properties...

So you mean if OANDO don't pay FBN back their loan we cant auction their properties

PETERiCHY:
"Brent is heading to $20 per barrel"

*ThE OcToPuS *

[http://www.bloomberg.com/news/articles/2015-11-16/opec-export-price-falls-below-40-for-first-time-since-2009]

The average price of crude sold by OPEC fell below $40 a barrel for the first time 2009, underscoring the financial cost of the group’s strategy to defend its market share.

The daily OPEC Basket Price fell to $39.21 a barrel on Nov. 13, according to an e-mail on Monday from the organization’s secretariat in Vienna. The basket, an average of export grades from each of the group’s 12 members, typically trades below international oil futures as some OPEC nations pump denser or higher-sulfur crude that’s less profitable to refine.

Oil has slumped since the middle of last year as the Organization of Petroleum Countries keeps output elevated to pressure rivals it sees as responsible for creating a global surplus. A decline in production among its higher-cost competitors including U.S. shale drillers has now slowed, with output still above last year’s level.

With OPEC members’ revenues diminished, the group may reconsider its approach if the price slump persists, according to the International Energy Agency.

megainvest:
Elephant wants to fly!

Yeah if OANDO fail to pay their loan we go and auction all their properties.

angelo82:
Time to make millions then..................

The publication was wrong the loan was actually FBN $370million, SKYEBANK $120million which brings the total to $490million.

angelo82:
What happened to FBNH?..............Just closed with +42 at the last minute..............

The stage is set for an indigenous drilling company, Altantic Drilling Energy Concepts Nigeria Limited, to get back on course, thanks to the recent submission of its plan to settle outstanding commitments to its financial and production partners to the authorities.

Atlantic has been the victim of the shark-infested industry where cut-throat competition for billions of oil dollars turn friends to foe and everyone lives by the rule that the end justifies the means.
They believed there was one hurdle Atlantic would find difficult to scale: finance.

But Atlantic's goal-getting team had it all fixed. First, it secured $490 million from the First Bank and while the industry was abuzz with the feat, landed another facility of $120 million with SkyeBank.


[http://www.thisdaylive.com/articles/atlantic-rebounds-on-repayment-plan/225729/]

mercylicious:
Adonbelieveit!

What do expect before when WALE and his GANGS used all the shareholders fund for campaign all in the name of CHANGE ?

OIL REVENUE which is the only hope of recouping their investment is now next to nothing.

In Nigeria OIL has actually been a curse to the masses that's one of the reasons God decide to take it away.

Believe it or not the only way forward for Nigeria is AGRICULTURE the era oil is gone and buried.

That's why GOD is omniscience .

LAGOS Nov 16 (Reuters) - Nigeria's Oando Plc plans to seek shareholders' approval next month to raise up to 80 billion naira ($402 million) through a rights issue and spin off its power and gas subsidiaries, the energy firm said on Monday.
Oando, with dual listings in Johannesburg and Toronto, will also seek approval on Dec. 7, to issue new shares in lieu of convertible debt owed to two shareholders.

http://af.reuters.com/article/nigeriaNews/idAFL8N13B2BX20151116?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29

"Brent is heading to $20 per barrel"

*ThE OcToPuS *

http://www.ngrguardiannews.com/2015/11/2016-budget-faces-threat-as-crude-slumps-steadily/

THE Federal Government might be in for gloomy days as lingering decline in demand for the nation’s crude oil shows it might not be able to fund items in its 2016 fiscal policy.

Many buyers are dumping Nigeria’s crude for substitute from Angola, forcing the country, recently, to search for buyers for 80 crude cargoes worth N3.5522bn. If the gloomy outlook continues, government might have to look beyond oil revenue to execute projects under the 2016 budget estimates. Of 20 crude cargoes, only one was sold in November, even as the country is still struggling to find buyers for N2.679bn worth of the commodity.

The demand for Nigeria’s crude had been on the decline since price began a free fall last year. Specifically, about 35 million barrels remained unsold at the international market, last December. This came at a time when crude production dropped by 17,300 barrel per day, from 1,919m barrel per day recorded in November to 1.902m barrel per day in the same month.

The decline in sales has been attributed to the switch to Angola crude grades by Asian countries. It will be recalled also that the United States stopped buying Nigerian crude, in preference for its own huge stock of Shale.

Nigeria’s oil stock for December has already gone on sale. Two weeks after, however, it is still available. According to reports, the total of unsold cargoes, last month, stood at 20, dropping to 15 cargoes, last week, according to trade sources. The little differential was attributed to trend in gasoline refining, which slightly increased demand for Nigeria’s Light Sweet crude.