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Nigerian Stock Exchange Market Pick Alerts - Investment (601) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 12:27pm On Jan 09, 2015
when should you Exit Transcorp for short term? cos i definitely know no more hype again, now na swing all stock go dey do lol
Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 12:31pm On Jan 09, 2015
what do you think is happening in d market, i see that by monday the going low scenario will still continue or what do u suggest.
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:58pm On Jan 09, 2015
soloniger:
ask pw
You mean PW= Dexterax? cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 1:02pm On Jan 09, 2015
immanuello:
what do you think is happening in d market, i see that by monday the going low scenario will still continue or what do u suggest.
no more low from monday but high bro
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 1:02pm On Jan 09, 2015
Agbalowomeri:
fcmb, skye and diamond come down
Your darling is waiting at the Km 1.5
grin grin You want some people to swear for you, eh? grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 1:36pm On Jan 09, 2015
Michael11stock:
no more low from monday but high bro
i dont believe so,with dis volatility now.
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 1:45pm On Jan 09, 2015
Today market be as e get.
Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:46pm On Jan 09, 2015
immanuello:
what do you think is happening in d market, i see that by monday the going low scenario will still continue or what do u suggest.
I think it might be mixed. The market seems to be trying to take a breather today from the sell off witnessed earlier in the week. My guts tells me we have not seen the end of this bearish period(as my ogas here will say d grand papa bear) grin grin grin. I expect more volatility as we draw closer to the elections. I placed my next trap for FCMB at N1.75. If it gets there good, if not I am on to the next one.
Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 1:54pm On Jan 09, 2015
please can any gentleman tell me ubcap offer price and bid price.Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 1:56pm On Jan 09, 2015
FranklinRich:
I think it might be mixed. The market seems to be trying to take a breather today from the sell off witnessed earlier in the week. My guts tells me we have not seen the end of this bearish period(as my ogas here will say d grand papa bear) grin grin grin. I expect more volatility as we draw closer to the elections. I placed my next trap for FCMB at N1.75. If it gets there good, if not I am on to the next one.
Hmmm Good thought, thanks sir.
Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:59pm On Jan 09, 2015
lancee:
what happened to NSE during june 12 1993 era till around 1998 abacha's regime ?
Was there any shut down ,hopefully nothing will happen by his Grace
I like this question. I believe the veterans in the house who were active in the market during this period will help us with this question. Where is Pa Emma sef, this is his area of expertise!!!!
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:14pm On Jan 09, 2015
FranklinRich:
I like this question. I believe the veterans in the house who were active in the market during this period will help us with this question. Where is Pa Emma sef, this is his area of expertise!!!!
grin
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:23pm On Jan 09, 2015
AMCON did not buy Air Nigeria. Air Nigeria belongs to UBA Capital, but AMCON has bought the assets. As much as we can, we will sell the assets to recover our money,” he said.

http://www.punchng.com/business/business-economy/amcon-set-to-sell-air-nigeria-assets/
Re: Nigerian Stock Exchange Market Pick Alerts by Afo1k: 2:51pm On Jan 09, 2015
@fcmb volume traded yesterday (172million units), today(228million units)
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 2:55pm On Jan 09, 2015
immanuello:
i dont believe so,with dis volatility now.
if you noticed the free fall is becoming weaker check the ASI and more gains today look well brother
Re: Nigerian Stock Exchange Market Pick Alerts by natruetalk: 3:05pm On Jan 09, 2015
Afo1k:
@fcmb volume traded yesterday (172million units), today(228million units)
no be small thing, anyway d price is too good to ignore

closed up 2day with 14million bid
Re: Nigerian Stock Exchange Market Pick Alerts by Afo1k: 3:15pm On Jan 09, 2015
natruetalk:
no be small thing, anyway d price is too good to ignore

closed up 2day.
na true talk..
Re: Nigerian Stock Exchange Market Pick Alerts by divinebrand1(m): 4:25pm On Jan 09, 2015
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:50pm On Jan 09, 2015
i will take position in fcmb arnd election time. i know their mkt mkters will resume operations once d coast is clear. grin

Do they hv plans to raise money?
Re: Nigerian Stock Exchange Market Pick Alerts by divinebrand1(m): 5:08pm On Jan 09, 2015
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Re: Nigerian Stock Exchange Market Pick Alerts by bigass(f): 6:40pm On Jan 09, 2015
Why is sterling refusing to fall
Re: Nigerian Stock Exchange Market Pick Alerts by immanuello(m): 9:43pm On Jan 09, 2015
bigass:
Why is sterling refusing to fall
i pray bear hit this atleast to give me d usual 12-15%.gain.Haaa o ga o.
Re: Nigerian Stock Exchange Market Pick Alerts by makashava(m): 7:59am On Jan 10, 2015
immanuello:
i pray bear hit this atleast to give me d usual 12-15%.gain.Haaa o ga o.
that stock get body guard!
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:50am On Jan 10, 2015
I pity those fcmb market makers who kept buying at 4
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:03pm On Jan 10, 2015
Agbalowomeri:
I pity those fcmb market makers who kept buying at 4
dt one no concern me naa, what i know is dt they must sell above 4 when d mkt stabilises.
See over 100 % gain on ppl taking positions now... grin

Na d stocka wey get market makers sure pass after elections. Also fcmb na holding.

Another stock am looking at is transcorp if it gets to 2.6 or below again . But my fear for dt stock is dt during sell off, u can be easily trapped.Ther volume.on offer during bad times isnt usually a childs play.

Pls lets list the shares that have lost half or more of its price, especially with the ones with market makers. grin grin. I must recover my losses.

NB- This is not a buy or sell recomendation ooooo.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:38pm On Jan 10, 2015
for my sugar peeps
SUGAR makers act to end importation


Jan 9 (Lagos) - To end importation and tap into the growth spurt in the fast-moving consumer goods (FMCG) market, Nigeria’s sugar investors are expanding plantations as they aggressively acquire large expanses of land, while also developing new varieties of sugar cane.





Sugar producers are vigorously keying into the federal government’s (FG) Backward Integration Policy (BIP), which has succeeded in encouraging local production through reduction in tariff on imported machinery and partnership between sugar producers and cane farmers.





Dangote Sugar Refinery Plc ( DANGSUGAR ) is committing US$ 2 billion investments in six states in the country, through its recently acquired Savannah Sugar in Numan, Adamawa State, North-East Nigeria. Its target is to produce 1.5 million metric tonnes (MT) of sugar between five and ten years.




http://www.easykobo.com/News.aspx?id=6730
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:00pm On Jan 10, 2015
SEPLAT states possible combination with Afren Plc


In accordance with the provisions of Section 10 of the Amended Listing Rules of the Nigerian Stock Exchange, Seplat Petroleum Development Company Plc ("Seplat" or the "Company") notes the announcement by Afren plc ("Afren") dated 22 December 2014 and confirms that it has made a highly preliminary approach regarding a possible combination with Afren Plc. There can be no certainty that an offer will be made or as to the terms of any offer.

Seplat acknowledges that in accordance with Rule 2.6(a) of the UK City Code on Takeovers and Mergers (the "Code"), by no later than 5.00 pm on 19 January 2015, the Company must either announce a firm intention to make an offer under Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Seplat notes that this deadline can be extended with the consent of the UK Takeover Panel (the "Panel") in accordance with Rule 2.6(c) of the Code.

source- easykobo
Re: Nigerian Stock Exchange Market Pick Alerts by Ess: 2:42pm On Jan 10, 2015
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:51pm On Jan 10, 2015
Most stocks on NSE has market makers.......
Re: Nigerian Stock Exchange Market Pick Alerts by cadno(m): 3:59pm On Jan 10, 2015
Hi all, pls what news from VitaFoam for yr end 30k Div for FY13/14 , I guess their yr end is sept. pls help..any info ?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:27pm On Jan 10, 2015
Ess:
http://www.bloomberg.com/news/2015-01-08/o-neill-says-jonathan-vote-loss-may-be-seen-as-nigeria-positive.html

An idea about the market post 2015 election.
Ehm do you all agree with this?
Re: Nigerian Stock Exchange Market Pick Alerts by Charlesnerd:
Akinmail:
Ehm do you all agree with this?
Well,its hard to deal with conjectures. Buhari hasn't stated in clear terms his position on the economy,other than his stance on curbing corruption.

From the snippets gathered so far,one can safely assume that he is in favor of a welfare state ,which is not a bad idea,but when added to the already over bloated recurrent expenditure,one wonders how they would be able to fund the capital projects that are much needed to catalyze economic growth.

For Nigeria to move forward economically,irrespective of who wins the election,there has to be a concerted effort to trim recurrent expenditure which is already close to 80% of anticipated government spending. This shows that the government exists for itself and not for the people - what an absurdity?. A way forward might be to make a passionate plea to the national assembly to shed a part of their allowances and drop the idea of allocating money to themselves for non-existent constituency projects ;I have not seen any real beneficiary of the so called constituency projects. The executive should also show willingness to reduce the cost of governance,prevent wastage,needless duplication,but most importantly, curb official corruption and leakage of government revenues.

If none of the above is done,it doesnt matter who wins,it will still be the same old story,if not worse.
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