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Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:07pm On Oct 29, 2015 |
Lamps08: Badt man |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:10pm On Oct 29, 2015 |
Aks: For now forget everything about oil related stocks because their near-future is very very bleak. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 12:17pm On Oct 29, 2015 |
Am grateful to God, because I followed my heart, I opted out on time, and I will still follow my heart to move back again, at the right time. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:24pm On Oct 29, 2015 |
A coalition of over 60 Civil Society Organisations, CSOs, in Nigeria, yesterday, decried what they termed “steady and continuous decline of the Nigerian economy” under the watch of President Muhammadu Buhari. The groups, at a strategy meeting they held in Abuja yesterday under the aegis of Nigeria Civil Society Situation Room, said there was urgent need for President Buhari to evolve a sustainable economic plan that will attract foreign investors into the country. He said: “The major challenge we are currently facing is that we cannot see the urgency of this administration to improve the situation. It was unfortunate that after the six months that it took to come up with list of proposed Ministers, those we saw are those that have always been around the hood. “Why it took so long to forward their names to the National Assembly is quite a puzzle to us. “Why Ministers who have been cleared have not been sworn in is also a puzzle to us. We are almost in the first week of November. The laws are clear that government should have submitted its budget projections for 2016 by now. He said: “Using six months just to share portfolios is not how to go about it. Currently, there is fiscal disconnect. The revenue of the government has declined, relative to the Gross Domestic Product. “Currently Nigeria has not been attracting foreign investment, we urge this administration to make the economy more attractive. Steady currency regime is required to spur growth”, he added. [http://www.vanguardngr.com/2015/10/nigeria-economy-collapsing-gradually-csos-tell-buhari/] |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:44pm On Oct 29, 2015 |
PETERiCHY: First Bank of Nigeria Ltd., the countrys biggest lender by assets, paid a fine of 1.88 billion naira ($9.4 million) relating to a directive for banks to transfer deposits of state companies and entities to the central bank, the third major company to run foul of Nigerian regulators this week. [http://www.bloomberg.com/news/articles/2015-10-29/nigeria-s-biggest-bank-fined-1-9-billion-naira-by-central-bank] |
Re: Nigerian Stock Exchange Market Pick Alerts by specialmati(m): 12:52pm On Oct 29, 2015 |
someone should assist me on how ton withdraw from morgan capital am not seeing anything on withdrawer on their platform |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:04pm On Oct 29, 2015 |
Raider76: The fall in Oando's price has to do with it's recently released results while that of UBA and FBNH is linked to the recent CBN fines. There are other banks involved but I'm not sure if their names have been revealed yet. Impairment charges everywhere... All these can create negative market sentiment. |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:07pm On Oct 29, 2015 |
Aks: Five-year Low actually. |
Re: Nigerian Stock Exchange Market Pick Alerts by Tjohn1(m): 1:11pm On Oct 29, 2015 |
BUHARI is the one killing this economy.....#babagoslow |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:12pm On Oct 29, 2015 |
specialmati: Send them an email stating your CSCS account number, the amount you wish to withdraw and your bank details. |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:22pm On Oct 29, 2015 |
Elai147: OK...we dey wait for lower lows! |
Re: Nigerian Stock Exchange Market Pick Alerts by 735i(m): 1:23pm On Oct 29, 2015 |
Omo... Una done see Stanbic IBTC Q3 results? 521.34% increase in impairments! |
Re: Nigerian Stock Exchange Market Pick Alerts by hbrednic: 1:47pm On Oct 29, 2015 |
735i: RIP Jesus 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by paulcube: 1:53pm On Oct 29, 2015 |
2 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 1:58pm On Oct 29, 2015 |
Aks: Una dey make me laff. This market is poised to continue its volatility. the economy is not in a good state and the volatility of crude oil prices will continue to impact the market. You just have to be very strategic and calculative when investing now. Anyone expecting the market to fly up with gains might be disappointed. If my brain serves me right, I remember saying that the market might still decline before this year runs out. People can choose to sell off which is fine, for me I have been waiting for this decline since after the last one in August. Will be adding to my UBA position. What is funny is that the same people attacking the market will come here in the next 2 to 3 months to start saying they want the market to fall so they can buy. Now that the market is giving them an opportunity they are bad-mouthing it. I guess it's different strokes for different folks!!!! 8 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 2:07pm On Oct 29, 2015 |
On one hand am happy the market is falling so that I can buy and on the other hand am worried about the leadership of the country as most norther president always set the country backward..................Buhari seems to be treading that path.............. |
Re: Nigerian Stock Exchange Market Pick Alerts by FranklinRich: 2:08pm On Oct 29, 2015 |
PETERiCHY: "Those in that bus" kee!! Oga seems like you have sold your oando!! Na wa ooo after all the preaching about "safe heaven". I hope you told people when you were selling. |
Re: Nigerian Stock Exchange Market Pick Alerts by hbrednic: 2:18pm On Oct 29, 2015 |
paulcube: It means I am shocked, a common slang where I live nothing to do with religion 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 2:18pm On Oct 29, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by chukyjones(m): 2:21pm On Oct 29, 2015 |
https://www.nairaland.com/2699526/investors-losing-faith-buharis-govt the end of all these is not in sight |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 2:31pm On Oct 29, 2015 |
Born2berich: Did you receive the interim dividend? Bros pity them na, see the huge negative retained earnings. |
Re: Nigerian Stock Exchange Market Pick Alerts by passwelle: 2:49pm On Oct 29, 2015 |
PETERiCHY: FranklinRich: |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:49pm On Oct 29, 2015 |
The Agric sector is doing well. Okomu Oil and now Presco posting good results. Government policies and drive are huge incentives. Can the likes of Livestock and FTN Cocoa exploit this opportunity? |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:33pm On Oct 29, 2015 |
passwelle: Yes naa when I discovered there was no hope of getting dividend in the next 3yrs make I come die put |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 3:45pm On Oct 29, 2015 |
735i:Chai... South African businesses dey hear am this year. MTN - N1.4T fine Stabbic - 521.34% increase in impairment Dstv - coming soon Shoprite - coming soon |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:47pm On Oct 29, 2015 |
let the dude above 9free day deceive himself thinking he is deceiving someone else,,,,,when we all know what he said shortly before oando result on planning to average up at 7 naira when it get there. so magic don sell his holding as thing turn bad now 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 3:50pm On Oct 29, 2015 |
PETERiCHY:Receive common sense!! |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 3:56pm On Oct 29, 2015 |
1) !! today you Red , tomorrow you Blue , cold today , hot tomorrow Stockmarket don cause wahalaooo ..So no be only me lost tasere money Thank God for past postings /comments 2 ) Chai !! that boss no show face again for days now ..he was blaming oando ..immediately they dug his past postings.. . We no hear comments anymore i just dey laugh |
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 3:58pm On Oct 29, 2015 |
PETERiCHY: Being a long term investors does not mean you invest and go to sleep, you need to keep on monitoring the fundamentals of of your company. I was an investor of Oando for about 20 years before selling all my holdings in 2013. .................................................. ................................................ This is the dividend payment history of First bank from 2000 to date. Year end Units Dividend Total dividend paid less WHT Mar 2000 20000 N1.25 N22,500 Mar 2001 25000 N1.30 N29,250 Mar 2002 30000 N1.30 N35,100 Mar 2003 35000 N1.50 N47250 Mar 2004 39375 N1.55 N54,928 Mar 2005 49218 N1.60 N70,874 Mar 2006 51186 N1.00 N46,067 Mar 2007 102372 N1.00 N92,135 Mar 2008 149291 N1.20 N161,234 Mar 2009 174171 N1.35 N211,617 Dec 2009 174171 N0.10 N15,675 Dec 2010 195000 N0.60 N105,300 Dec 2011 195000 N0.80 N140,400 Dec 2012 195000 N1.00 N175,500 Dec 2013 195000 N1.10 N193,050 Dec 2014 195000 N0.10 N17,550 Total dividend earned between 2000 and 2003 is over 134k, which is already more than the 100k invested in 2000. Total dividend earned from 2000 to date is N1,418,430, the investor could have used the dividends earned to increase his holdings, buy others shares, invest in treasury bills or real estate. 5 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:58pm On Oct 29, 2015 |
Lol that Peter dude is a funny individual. After all the divine manifestation and bible quotes about Oando getting to N1000 in 5 years, he's here trying to use comic relief to validate his nonsense guesses and conjecture. He repletes nothing but the highest degree of lies and hypocrisy. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 4:00pm On Oct 29, 2015 |
lancee: The concern is new low might create new high.................Which means stocks like Access/Fbnh may never reach 10naira again..........That will wipe most people who are not trading their stock on daily basis............That will be too bad............. |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:11pm On Oct 29, 2015 |
PETERiCHY: Not totally true, most oil companies on stock exchange are operating in the down stream sector. The downstream sector touches consumers through products such as gasoline or petrol, kerosene, jet fuel, diesel oil, heating oil, fuel oils, lubricants, waxes, asphalt, natural gas, and liquefied petroleum gas (LPG) as well as hundreds of petrochemicals. And they are all making profit from the oil price drop, because they are selling overpriced products to Nigerians even with subsidy . The problem with Oando is overpaying for useless assets and going into the uncertain upstream sector. Apart from Oando can you show us any other Oil company on the floor, with so much loss. 1 Like |
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