₦airaland Forum

angelo82:
Good Q1 result will solve Oando backwardness which is very likely.

When the road was clear, oando projected the settlement of their debt around 2019, when the price of oil was still above #100, what of now the price of crude oil is below #60, with huge debt and some banks on their neck for their money.

So we pray .......

January is usually the time of pump and dump.

It's a time some Stocks trader make money, while some loose .

As we anticipate end of year report of different companies / dividend declaration, price will rally, if your companies report goes above expectation joy will be your visitor, but if it goes below expectation sorry will be your next door neighbour.

Some Stocks will still go down this week/ early next week.
Toward the end part of next week and more especially the end part of this month we shall be seeing rarry in some stocks due to financial report that will come out early, but many companies will record loss.
So let be careful.

Chibuking81:
When the road was clear, oando projected the settlement of their debt around 2019, when the price of oil was still above #100, what of now the price of crude oil is below #60, with huge debt and some banks on their neck for their money.

Increase in PAT will drive the price of Oando and reduction in their debt will add value too.All the companies owes money but ability to service the fund is what count.Lets all wait and see.

STANBIC is not a responsible bank.How do you justify restriction of USD account to 7,500Monthly when I am the one sourcing for the dollar.I will close my accounts with them slowly.

angelo82:
STANBIC is not a responsible bank.How do you justify restriction of USD account to 7,500Monthly when I am the one sourcing for the dollar.I will close my accounts with them slowly.

Sorry how is restriction an irresponsible act? Why not query them instead.

angelo82:
Increase in PAT will drive the price of Oando and reduction in their debt will add value too.All the companies owes money but ability to service the fund is what count.Lets all wait and see.

Oando will follow among the companies that will not give even .05 kobo as a dividend. But as usual forward looking statement, will that alone puch their stock price forward.

NuttyChoky:
I don't want to be a party pooper but UCAP is slowly strolling into the over-valued region for an FI in my opinion

That was how exlaidback was beefing ucap when it went to 2.8sth, that it was overvalued and I was just wondering y, even when its fundamentals says otherwise. Come and see how they r queueing to buy it now at 3.30

Chibuking81:
Oando will follow among the companies that will not give even .05 kobo as a dividend. But as usual forward looking statement, will that alone puch their stock price forward.

NO YES

jarkbauer:
Sorry how is restriction an irresponsible act? Why not query them instead.

You can't restrict the forex that I sourced by myself because it has nothing to do with CBN directive.Only CBN can do that and there is no sense in that.All the banks follows due process as laid down by CBN.Its questionable and I don't know why they have the gut to be doing that.You can't use their card anymore and now they are restricting access to your own USD.No need to query an organization that defies logic but just to dump them and ask your loved ones to do the same.Lets leave their inefficiencies and concentrate on market.

angelo82:
You can't restrict the forex that I sourced by myself because it has nothing to do with CBN directive.Only CBN can do that and there is no sense in that.All the banks follows due process as laid down by CBN.Its questionable and I don't know why they have the gut to be doing that.You can't use their card anymore and now they are restricting access to your own USD.No need to query an organization that defies logic but just to dump them and ask your loved ones to do the same.Lets leave their inefficiencies and concentrate on market.

GBAM!!!

angelo82:
You can't restrict the forex that I sourced by myself because it has nothing to do with CBN directive.Only CBN can do that and there is no sense in that.All the banks follows due process as laid down by CBN.Its questionable and I don't know why they have the gut to be doing that.You can't use their card anymore and now they are restricting access to your own USD.No need to query an organization that defies logic but just to dump them and ask your loved ones to do the same.Lets leave their inefficiencies and concentrate on market.

I said it several times, too much regulations and over-policies is killing this economy. Government wants to controlled everything. Until we stop operating a closed-economy policy, we ain't going to nowhere. They controlled foreign exchange market, they controlled how much you can save, they controlled how you can import/export your goods/services, etc. And we are talking about coming out of recessions They should continue...

Interesting times

stokfrick:
That was how exlaidback was beefing ucap when it went to 2.8sth, that it was overvalued and I was just wondering y, even when its fundamentals says otherwise. Come and see how they r queueing to buy it now at 3.30

Some of una for this forum sha. Bro you are mixing me up with someone else. Kindly go through my posts.

Devaluation Looms for Nigeria Even as Forwards Ease on Oil

https://www.bloomberg.com/news/articles/2017-01-08/devaluation-looms-even-as-naira-forwards-ease-on-rising-oil

Godisfaithful:
Devaluation Looms for Nigeria Even as Forwards Ease on Oil

https://www.bloomberg.com/news/articles/2017-01-08/devaluation-looms-even-as-naira-forwards-ease-on-rising-oil

http://punchng.com/external-reserves-continue-increase-hit-n26-5bn/?utm_source=&utm_medium=twitter


External reserves continue increase, hit N26.5bn


We will waiting to see who will Blink first..CBN/FG or the FPIs

https://trwstockbrokers./2017/01/11/deals-that-ll-shape-capital-market-in-2017/

Capital raising

The primary market promises to be busy in the year, although supplementary issues have mainly been a refunding of the companies by existing shareholders rather than issuance of new shares to new investors. Guinness Nigeria Plc plans to raise about N40 billion from its shareholders through a rights issue that may provide window for its parent company to increase controlling shareholding. Shareholders are expected to meet later this month to ratify the plan. Livestock Feeds Plc has also received approvals to raise about N1.1 billion new equity funds from its shareholders. Livestock Feeds plans to undertake a rights issue of 1.0 billion ordinary shares of 50 kobo each at a price of N1.10 per share. Union Bank of Nigeria (UBN) Plc also plans to raise N50 billion new equity funds from existing shareholders of the bank

Is this Livestock feeds story correct?

For those clamouring for devaluation
http://clicks.aweber.com/y/ct/?l=GBUM.&m=3WMW21QaXLLLDhS&b=0qPDUX08rWf.WW8ze2erjg
http://clicks.aweber.com/y/ct/?l=GBUM.&m=3WMW21QaXLLLDhS&b=FfSMQSiGmnnzd748W5GWyw

Egypt being used here as d lab rat for clinical trials

feelamong:
https://trwstockbrokers./2017/01/11/deals-that-ll-shape-capital-market-in-2017/

Capital raising

The primary market promises to be busy in the year, although supplementary issues have mainly been a refunding of the companies by existing shareholders rather than issuance of new shares to new investors. Guinness Nigeria Plc plans to raise about N40 billion from its shareholders through a rights issue that may provide window for its parent company to increase controlling shareholding. Shareholders are expected to meet later this month to ratify the plan. Livestock Feeds Plc has also received approvals to raise about N1.1 billion new equity funds from its shareholders. Livestock Feeds plans to undertake a rights issue of 1.0 billion ordinary shares of 50 kobo each at a price of N1.10 per share. Union Bank of Nigeria (UBN) Plc also plans to raise N50 billion new equity funds from existing shareholders of the bank

Is this Livestock feeds story correct?

read a "rumor" on this forum. let them issue the rights and it might go the way of the ones before them i.e access and oando

Chibuking81:
January is usually the time of pump and dump.

It's a time some Stocks trader make money, while some loose .

As we anticipate end of year report of different companies / dividend declaration, price will rally, if your companies report goes above expectation joy will be your visitor, but if it goes below expectation sorry will be your next door neighbour.

eterna oil EPS expected to hit 1.80naira this year all things being equal

Trend are not made in a day , price can be guide and also a distraction

NSE Index
RSI made a double TOP , unable to break into over sold level
RSI making another move towards 50
If it breaks 50 , not good
if it holds above 50 , still fair

Note: The index is skewed to big caps

stokfrick:
For those clamouring for devaluation
http://clicks.aweber.com/y/ct/?l=GBUM.&m=3WMW21QaXLLLDhS&b=0qPDUX08rWf.WW8ze2erjg
http://clicks.aweber.com/y/ct/?l=GBUM.&m=3WMW21QaXLLLDhS&b=FfSMQSiGmnnzd748W5GWyw

Egypt being used here as d lab rat for clinical trials

Nice
Economic Corrections are painful but necessary sacrifice for future generations

feelamong:
https://trwstockbrokers./2017/01/11/deals-that-ll-shape-capital-market-in-2017/

Capital raising

The primary market promises to be busy in the year, although supplementary issues have mainly been a refunding of the companies by existing shareholders rather than issuance of new shares to new investors. Guinness Nigeria Plc plans to raise about N40 billion from its shareholders through a rights issue that may provide window for its parent company to increase controlling shareholding. Shareholders are expected to meet later this month to ratify the plan. Livestock Feeds Plc has also received approvals to raise about N1.1 billion new equity funds from its shareholders. Livestock Feeds plans to undertake a rights issue of 1.0 billion ordinary shares of 50 kobo each at a price of N1.10 per share. Union Bank of Nigeria (UBN) Plc also plans to raise N50 billion new equity funds from existing shareholders of the bank

Is this Livestock feeds story correct?

Guy,i no fit lie to you........2017 portfolio without FCMB and ETERNA OIL in it is incomplete.........i will advice you to invest in these two stocks before looking at that one......

fxuser:
Trend are not made in a day , price can be guide and also a distraction

NSE Index
RSI made a double TOP , unable to break into over sold level
RSI making another move towards 50
If it breaks 50 , not good
if it holds above 50 , still fair

Note: The index is skewed to big caps

@fxuser
Need to upgrade my knowledge on technical analysis & charts, need your recommendation on books or online course.

locodemy:
Guy,i no fit lie to you........2017 portfolio without FCMB and ETERNA OIL in it is incomplete.........i will advice you to invest in these two stocks before looking at that one......

aagreed bro,,,,, but there is still one unpopular stock missing on your list which is likely to be among the best performing stock this year. bonus and dividend very likely

currentprice:
aagreed bro,,,,, but there is still one unpopular stock missing on your list which is likely to be among the best performing stock this year. bonus and dividend very likely

do your DD

Afriprud/ucap,fcmb and eterna oil no be moi moi stocks..................The returns for 2017 alone go make you faint.i will advice you to forget that stock and get these ones into your portfolio...................i am expecting a 50m naira fortfolio by the end of this year with these stocks i listed above.better think deep now..........there is still opportunity for everyone.

currentprice:
aagreed bro,,,,, but there is still one unpopular stock missing on your list which is likely to be among the best performing stock this year. bonus and dividend very likely

do your DD

what is it's 'Currentprice'

Other stocks one should watch out this year are those stocks with small free float eg........wapic,sterling bank,diamond bank,ccnn,oando.........whenever they are on demand,the price movement no get part2.

FO market marker is bad.Stock is ready to move but he purposely decelerate the upward movement so that some impatient monkeys can keep selling to him at low price since he already knew result will change the status of the stock.There is need to cautious in this market and think deeply before sentimentally selling off your stock.

locodemy:
Other stocks one should watch out this year are those stocks with small free float eg........wapic,sterling bank,diamond bank,ccnn,oando.........whenever they are on demand,the price movement no get part2.

You love cheap stocks.