DrAwo:

Annualised earnings...

Boyhood:
I hope this is not true. Pls can someone please confirm the authenticity of this circular?

STNWAUME:


Stop comparing orange with Apple.

Bank of America had faith in their local currency and kept their Reserve in USD.

Since CBN claim to have faith in Naira why should they keep their Reserve in USD and expect Nigerians to keep theirs in Naira.

eziokwunwoko:

It is not annualised.
Please check your calculations and confirm

Agbalowomeri:


Audio

Natajo2021:


One thing is consistent about this government, the act of lying. They can lie to the extent of calling morning afternoon.
There was indeed a move by Buhari to seize all the forex in domiciliary of private individuals in deposit money banks.
The first attempt was made during the Crude Oil collapse in early 2020 following the Covid-19 pandemic.
Buhari was warned of the implications that would follow the move.
The matter was also mentioned at Northerners House of Assembly.
Buhari is still contemplating the move.
The initial rejection of the proposal was what made this government of liars to throw Nigeria into a bottomless pit of Internal and external borrowing.
They even passed a bill that authorised central bank of the North to seize the liquidity of deposit Money banks in the name of cash reserves ratio adequacy.
This has never happened before in the hx of Nigeria.
If you have forex in your domiciliary account, rise up and withdraw it, keep it underground.
This government is determined to seize private individual forex account funds.
A stitch in time ......safes many
The circulating letter was real, it was leaked by a staff member of Central Bank of the North.
The illegal move would soon be backed by a superseding bill that will allow central bank to manage all currencies in Nigerian banks.
Already there was a loop hole in the existing cbn act which enable them to determine the fate of any legal tender, gold inclusive in Nigeria.
Remember, what Buhari cannot destroy does not exist.
Safeguard your forex.���

Cyriacusifeco:


When the facts change, I change my mind. The facts changed for APR the moment they were asked to return all unclaimed dividends. Before then, I reasoned that those unclaimed dividends would keep mounting up until the news came. This was the moment the growth potential was killed.

Currently, the driving force behind UCAP lies in its ability to generate cash in the form of managed funds. As long as these funds keep growing, together with good discipline on operating cost, the EPS will likewise head north and as EPS heads north, the share price will follow suit. The psychological tendency for Mr Market to act irrationally will of course suffice occasionally. And so there would always be hiccups as we saw some time in January when it was battered to N1.05. But yes, over a long period of time, stock prices will always reflect intrinsic value.

I have always believed that one does not need too many Ideas to succeed in the stock market. It's too difficult to find a good business at its infancy and once I come across one, I load up and sit on my ass. Some ogas here make more money even while snoring. Making too many decisions day in day out exposes one to error!!. The brain isn't much adapted to function that way. I had to port the moment I got the news and since then, my life has never been the same. Can't still believe that some years back, this coy currently at 2.40 gave a right issue at N0.90 per share. It's a game changer. But yes, no tree grows to the sky.

DISCLAIMER: Never a buy or sell recommendation. We all know that I have often been wrong. And this may not be an exception. DO YOUR DD!! It's your money dear...

Boyhood:
I hope this is not true. Pls can someone please confirm the authenticity of this circular?

smasher1:


I second the motion. People keep buying the dollar at any price to hoard it leading to weakening of the naira.

Natajo2021:
If you are a doubting Thomas, and opined that the leaked circular was fake, it would soon done on you, I am privileged to know people that have access to classified info in Abuja.
The CBN is going to role our higher denomination of Naira in the coming days.
Watch, wait and see.
Matter is already concluded, N5000 single note, N10,000 single note, N20,000 single note, N50, 000 has been designed, printed , waiting for a release , to coincide with the independence day of 2021 or 2022.
Specific day is not released yet.

Biafran4life:
which hole did you crawl out from?You think you are talking to teenagers here or your family gossip.It Is not your fault. is those ones that will not let us hear word about dollars because they have failed in nse and deceived plenty when they were active in nse.They changed moniker and new members don't know thr past history when they did all kind of monkey hunting.They desperately need to attract crowd to thr new business because luck is now on thr side and they must make at least 100 percent on this business.If it likes let dollars get to #2000 is not government fault.It is Nigerians fault because we all want imported things even when we have better local substitute.This I see in all our daily needs .I hate this government like mad but the truth remains constant.The large amount of this dollar rubbish is going to China for things we have good substitute in Nigeria.Reduce the dollars going to China by 50 percent and see dollars crashing like pack of card.I am into various biz,I am taking from experience.The amount of dollar demand in two state in Nigeria alone (anambra and Lagos) is enough to make dollars get to #1000 soon by importers

smasher1:


CBN has disowned the publication

Godisfaithful:


The fact that it was denied means they are planning it. And according to a source, yes it is real and causing a lot of confrontation among top CBN officials and VP. Anyway, Wetin I know self lol. Happy Sunday my people. God bless Nigeria! Make I Dey watch jejely under my palm tree lol

yok:
Us Stocks Pick Alert - Appreciation for our NSEMPA members

For the people that know the principle of the above forum, we appreciate you for the indirect support. Although understanding how to profit from the global market is not easy, that is why the members are fewer compared with NSEMPA (is it a case oif the fewer the better?).

Nevertheless for the few that understood what Us Stocks Pick Alert stand for, a token of appreciation below:

We don't talk grammar, we just want to bring in "the dough"

whoever load the card should just confirm and thank " Us Stocks Pick Alert Forum ".

STNWAUME:


Stop comparing orange with Apple.

Bank of America had faith in their local currency and kept their Reserve in USD.

Since CBN claim to have faith in Naira why should they keep their Reserve in USD and expect Nigerians to keep theirs in Naira.

Ades1:



This is the same sentiment with an average American though. Average American hates the Fed and their unlimited dollar printing. Look on the internet you’ll find lots of memes with Fed chairman Jerome Powell with a printer �. With all that, Americans are not converting their $$$ to Euros, Yen or Yuan. Instead they have resorted to buying gold, silver and even Bitcoin.

Again, I’ll admit I am not an expert but I speak from experience and what I see. Doesn’t matter how much tantrum you throw here, CBN will do whatever they think will strengthen the Naira. The #1 Naira killer is the addiction, you have Nigerians with bank accounts in hundreds of thousands and some,!millions of $$$ and they’re not really using this $$$, they’re just hoarding it for no reason.

RodgersAkpafu:

The bolded explains why you have been talking the way you do.
The CBN CANNOT just do what it "deems fit"
That's the quickest way to destroy your currency kpata kpata.
Currencies derive their values from many things, but the major thing they derive their value from is the FAITH that people have in it
No matter what the CBN does
The Nigerian people have little faith right now in the Nigerian currency.
The policy focus should be on how to restore the faith, not cosmetic solutions that make matters worse.
Cutting the BDC off was what made the naira slideover the N520 mark in the first place

Doing this Ill fated policy will make the naira slide even further into the abyss.
It's a simple thing to understand, and you cannot fight the will of the people (who are trying to preserve their wealth) Even Dangote himself have had enough and will be opening a family office in New York

And as for your continued reference to the USA
Its nor the same
The USD is still the reserve currency of the world
And the FEDS are controlling the direction of the extra liquidity that it is creating
They are not as dim witted as our CBN

Biafran4life:
Guy you funny, from you statement it means you are knowledgeable in this field.And you make bold to say faith abi na miracle is the major thing the currency derives value from.Bro that is a fat lie.Nigerian have lost faith in this government but have not lost faith in naira.The major thing that the currency derives value from is the country products and services exported against products and services imported then the considerations it bring. Still you belong to the group who thinks CBN oga is a Carpenter,lol. The BDC should have been closed since yesterday they are just milking the country or still they should source thr dollars and not the allotment from CBN weekly

currentprice:
Ekuu coming soon ^{three days Bonanza o}

cash is king

locodemy:
https://nairametrics.com/2021/09/12/transcorp-plc-to-improve-power-generation-transform-nigerias-economy/

OBAGADAFFI:


Another strategy to move up the price.

Mpeace:
So far not so good. Price ain't really moving.

Mpeace:
So far not so good. Price ain't really moving.

locodemy:


No be juju be that?