duni04:

Next time if you're not quoted and if you don't know the right response to a post, just move along instead of quoting rashly and irrationally.
Thanks.

Apologies.

NextProdigy:


Apologies.

No wahala

Una mhen Thank God i bailed out of FO ooh..Am just tinking about Angelo now dat it trading 47 ...

Concerning the Greenback, this link below shows what I consider the only real and unmanageable threat to the appreciation of the Naira especially in the mid to long term. With Osinbajo at the helm, I think The Niger Delta issue is quite manageable.

https://www.bloomberg.com/gadfly/articles/2017-02-26/with-shale-oil-production-like-this-who-needs-trump?cmpid=socialflow-facebook-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social

Lets watch and see anyway.

rebekah2011:


Thats to show that there is a big problem for stocks with disappointing results. First Bank on my mind.

Na back to =N=2.00 for FBN.....wetin concern me self.... Elephant take time to stand up once they fall.....

duni04:

Someone who's already speculating that the price may further drop on Friday is advertising that he bought at a high price on Tuesday, that's the part i don't understand. Why not wait till Friday, when he's sure the price will drop further, to buy?

Bought the dollar because of my daughter's school fees abroad, not for hoarding or speculative purpose.

unusual volume this morning that doubles the the average daily volumes
contisure 203m +
Honeywell 713.30k
nestle 615.14 k

kolaish:
Bought the dollar because of my daughter's school fees abroad, not for hoarding or speculative purpose.

Wow! You shunned the offer of N375/$ offered by the CBN? When you're big, you're big.

Dangote cement N8.50 dividend. What is the yield here?

Tritri:
Una mhen Thank God i bailed out of FO ooh..Am just tinking about Angelo now dat it trading 47 ...

You are really stupid.

rebekah2011:


Thats to show that there is a big problem for stocks with disappointing results. First Bank on my mind.

Stocks with disappointing results might not suffer much (at least in the short term). The market is in a wait-and-see state (my opinion).
The winners this bearish period will be companies giving out bonus scripts as witnessed in NB ( optional bonus though). This way value is conserved compared to dividends that is difficult to repatriate.
Any company that shows a sign of recovery, especially in the first quarter is going to outperform the market. Imagine FBNH reporting a recovery of bad loans to Aiteo and Atlantic Energy. Aiteo is doable judging from the production recovery witnessed since the beginning of the year.

I dey inside this bus so my judgement fit dey clouded o

angelo82:


You are really stupid.

ogbe mi......pls calm down........i know how you really feel.
Tritri.......take your time o.......shebi all your portfolio dey bleed......you don bail out?

lancee:



May not find the offers there tomorrow ..If Zenith does not react to the mkt positively with the dividend , then how much dividend gtb wan pay for mkt to react

Nse juju

The direction of zenith will become clearer when GTB releases its result.

rebekah2011:


The direction of zenith will become clearer when GTB releases its result.

Hopefully , think all bank stocks will move up slightly togeda ..including the lazy elephant

lancee:


Hopefully

surely not hopefully.

lancee:



Hopefully

.

They should all release their results on-time.

This delay is creating unnecessary apprehension in the Market.

[quote author=locodemy post=54136234]


And ur fcmb and sterling will move up

rebekah2011:
Dangote cement N8.50 dividend. What is the yield here?

5% dividend yield.

angelo82:


You are really stupid.

Angelo82, I understand some post can be exasperating especially when its laden with mockery and sarcasm. You should have ignored the poster without calling him name...

It is well.

Intendy:


5% dividend yield.

Not bad considering the harsh economic environment and what was declared last year...Its quite impressive.

Coolcash1:


Angelo82, I understand some post can be exasperating especially when its laden with mockery and sarcasm. You should have ignored the poster without calling him name...

It is well.

That poster is obviously stupid for dropping my name all the time.FO for now is a buy for me and I dont have any regret.I am sure when it start moving folks like him will bite their fingers.Besides I made 294% last week from global market,I am not only trading just Nigerian stock.FO bull will surface but we need to chase out jittery people like him.I will ignore him forever from now on.

angelo82:


That poster is obviously stupid for dropping my name all the time.FO for now is a buy for me and I dont have any regret.I am sure when it start moving folks like him will bite their fingers.Besides I made 294% last week from global market,I am not only trading just Nigerian stock.FO bull will surface but we need to chase out jittery people like him.I will ignore him forever from now on.

I absolutely share your sentiment as yours truly is also HEAVILY loaded on this stock but remain unperturbed...I also plan to load more.

angelo82:


You are really stupid.

I'll act mature and ignor U..U're still my brother.

angelo82:


That poster is obviously stupid for dropping my name all the time.FO for now is a buy for me and I dont have any regret.I am sure when it start moving folks like him will bite their fingers.Besides I made 294% last week from global market,I am not only trading just Nigerian stock.FO bull will surface but we need to chase out jittery people like him.I will ignore him forever from now on.

Sir D'angelo i beg take am easy .i know u good

Coolcash1:


I absolutely share your sentiment as yours truly is also HEAVILY loaded on this stock but remain unperturbed...I also plan to load more.

No wonder.

lancee:




Sir D'angelo i beg take am easy .i know u good

No real trading for now on NSE but I hope the good old days will come back.Not very fun anymore,I hope you are ok with the market.

currentprice:
between now to Dec, FO will likely touch N25. be careful of the juju stock.

One should not forget this quote. If u should buy FO buy at right price.

Coolcash1:




Take it easy guys. This shouldn't result in an insult.

@duni04, to answer your question, the other guy is only speculating based on some reasons best known to him. He bought at >450 because he's taking a bet that based on information available to him dollar will rise above the price soon making the earlier speculated N300 band unfeasible.

To me, i will advise you still hold your cash as our clueless CBN governor is still flexing muscle by pumping dollar into the FX market to placade innocent and unlearned financial people that stability as returned- which is far from the truth...The point is, this intervention won't last and when you see that the CBN's funding limit has been reached or closed to being reached then, mopping of the greenback should start...

Hope this explains it better.

Sir, you have said it all. I don't understand this early jubilation about forex policy (market). CBN still had close to $6Billions backlog bills to settle. And yet some people still believe in this clueless CBN official. For your information, the oil marketers are flexing muscle and preparing to embark on nationwide strike soon due to their inability to settle their debt in $$$$$. We should all continue to pray for Nigeria since the rain will fall on everyone.

http://feeds.reuters.com/~r/reuters/AfricaNigeriaNews/~3/qrYiZKea4RA/idAFL5N1GD3L2

Nigeria's Zenith Bank to seek approval to
raise 100 bln naira

currentprice:

One should not forget this quote. If u should buy FO buy at right price.

Wetin be the price now?