₦airaland Forum

fxuser:
oando
- found support and pushed back above N5

GTB
- late buyers stepping in

Ucap
- bargain hunters keep hunting

Zenith
- n14 will have to wait

Is like the people holding Oando back are in Zenith now .

fxuser:
oando
- found support and pushed back above N5

GTB
- late buyers stepping in

Ucap
- bargain hunters keep hunting

Zenith
- n14 will have to wait

GTB na case study....

ihedioramma:
Is like the people holding Oando back are in Zenith now .

Even as you have identified them, they will still argue like....

Last calls before our result is released on Thursday next week.
We are going to push down the price for the sake of investors desiring to have the stock.
So you have the opportunity of entering at any available prices(1.14 to 1.20) before Thursday.
GBA-HUAN......GBA-HUAN............Town crier moving round.

locodemy:
Last calls before our result is released on Thursday next week.
We are going to push down the price for the sake of investors desiring to have the stock.
So you have the opportunity of entering at any available prices(1.14 to 1.20) before Thursday.
GBA-HUAN......GBA-HUAN............Town crier moving round.

Never seen someone as bold and steady on a particular stock as you. You're a MAN . But do you know Over-concentration on a stock is dangerous?

DeRuggedProf:
Even as you have identified them, they will still argue like....

The bears finally wake up...some stocks beware!!!

Tritri:
Never seen someone as bold and steady on a particular stock as you. You're a MAN . But do you know Over-concentration on a stock is dangerous?

Fidelity, Diamond, FCMB, Sterling. I am waiting to see if I was wrong not to have placed a bet on them. Got my fingers burnt seriously in Skye, I dont want a repeat.

BullBearMkt:
some stocks beware!!!

Aberg name them ooh....

@fxuser can you remember what i told you about eterna oil ?

Tritri:
Aberg name them ooh....

...just kidding. Saw the comic online and looks funny!!!

locodemy:
Last calls before our result is released on Thursday next week.
We are going to push down the price for the sake of investors desiring to have the stock.
So you have the opportunity of entering at any available prices(1.14 to 1.20) before Thursday.
GBA-HUAN......GBA-HUAN............Town crier moving round.

Sir Loco, emotions and investment shouldn't be missed together. Emotions is a very dangerous stronghold in making unprecedented and uncommon decision when it comes to investment especially in the area of stocks trading. However, i hope everything work out best for you and the rest the way you planned it. In all, all the best sir!

rebekah2011:
Fidelity, Diamond, FCMB, Sterling. I am waiting to see if I was wrong not to have placed a bet on them. Got my fingers burnt seriously in Skye, I dont want a repeat.

Sell all and buy FBNH and ETERNA oil and go to sleep

ihedioramma:
Sell all and buy FBNH and ETERNA oil and go to sleep

I dont have any of those. FBN and Eterna too are suspect. FCMB already audited Q3, Why is the audit of just a Q is taking too long. I have learnt from someone who posited that good results dey always show on time but bad result no dey gree comot.

PLS I sold my Zenith share at closing price on Friday. PLS how many days will it take to credit my account. PLS enlight me because my broker said 3days and it's more than 3days now

Dollar now N380. Foreign reserves dropped, though marginally from US$30.54b to US$30.3b. How long can Emefiele continue to defend Naira with our weak reserves. Surely time will tell....

Meanwhile, yours truly is just waiting for the rate to do konko below a little and will act fast.

Disclosure: DD strongly advised.

DeRuggedProf:
DISCL: I have less than 10 units, but mad...

10m units you mean?

rebekah2011:
Fidelity, Diamond, FCMB, Sterling. I am waiting to see if I was wrong not to have placed a bet on them. Got my fingers burnt seriously in Skye, I dont want a repeat.

Lol..honestly all cannot go down...all cannot fly. just buy anyone u satisfy with ..dont forget dis penny stock can make over 80-100% in a year.

Coolcash1:
Dollar now N380. Foreign reserves dropped, though marginally from US$30.54b to US$30.3b. How long can Emefiele continue to defend Naira with our weak reserves. Surely time will tell....

Meanwhile, yours truly is just waiting for the rate to do konko below a little and will act fast.

Disclosure: DD strongly advised.

I suspect the speculators will come in full swing from next week. You can't go to the market and announce that you have dollars in abundance to spare while your reserves are saying otherwise. The only saving grace now is a sharp up swing in crude oil price. If not, i see the naira taking a massive battering starting next week.

Coolcash1:
Dollar now N380. Foreign reserves dropped, though marginally from US$30.54b to US$30.3b. How long can Emefiele continue to defend Naira with our weak reserves. Surely time will tell....

Meanwhile, yours truly is just waiting for the rate to do konko below a little and will act fast.

Disclosure: DD strongly advised.

No fear...Senate has just approved another $500m Eurobond borrowing..

Speculators cant win in the long term....

duni04:
I suspect the speculators will come in full swing from next week. You can't go to the market and announce that you have dollars in abundance to spare while your reserves are saying otherwise. The only saving grace now is a sharp up swing in crude oil price. If not, i see the naira taking a massive battering starting next week.

10 BOTTLES OF ORIJIN AND VODKA FOR YOU...CORRECT GUY WITH CORRECT SENSE

rebekah2011:
Fidelity, Diamond, FCMB, Sterling. I am waiting to see if I was wrong not to have placed a bet on them. Got my fingers burnt seriously in Skye, I dont want a repeat.

Scratch diamond from that list and maybe you were wrong. Skye was an unavoidable tragedy, i too took a massive hit. Eventually sold at N0.52 because i ignored facts and went for hope, same mistake people loading diamond today are making.

feelamong:
No fear...Senate has just approved another $500m Eurobond borrowing..

Speculators cant win in the long term....

Define long term. Sorry bros, we are talking about short term and not long term.....The US$1B Eurobond they floated and CLAIMED was over subscribed what impact did it have on the exchange rate rather it further went north...second base joor

IHelp:
10m units you mean?

10 as in : H T U = 0 0 9.

Coolcash1:
How is it questionable?

A loss of about 22b and a tax credit of about 39b?
Just wait let them release their q1 result.

Coolcash1:
Dollar now N380. Foreign reserves dropped, though marginally from US$30.54b to US$30.3b. How long can Emefiele continue to defend Naira with our weak reserves. Surely time will tell....

Meanwhile, yours truly is just waiting for the rate to do konko below a little and will act fast.

Disclosure: DD strongly advised.

duni04:
I suspect the speculators will come in full swing from next week. You can't go to the market and announce that you have dollars in abundance to spare while your reserves are saying otherwise. The only saving grace now is a sharp up swing in crude oil price. If not, i see the naira taking a massive battering starting next week.

Sirs', God bless for this opinion. I asked some questions yesterday about CBN transparent policy in terms of FX policy but message was transformed as a mere opinion. I have so many concerns about this CBN...their defense of Naira is well understood but not justified when compared with what's at stake. We are going to loose more at the long run when electioneering period start approaching. As i said once again, so many scrupulous and detailed information about foreign exchange policy are still missing with both fiscal and monetary policy bodies in Nigeria. What happened if CBN has no $$$$ to supply to the market again

Question for everyone!!!

Coolcash1:
Define long term. Sorry bros, we are talking about short term and not long term.....The US$1B Eurobond they floated and CLAIMED was over subscribed what impact did it have on the exchange rate rather it further went north...second base joor

You wan bet on the forex rates for next week?

feelamong:
You wan bet on the forex rates for next week?

Yep. Are you ready?

pluto09:
A loss of about 22b and a tax credit of about 39b?
Just wait let them release their q1 result.

See my response earlier below, the bolded;

Coolcash1:
You siad tax credit in your initial post and not dividend which are two different issues. Let me help you, the credit results from deferred tax adjustment recoverable from future use of capitalized assets. There is huge tax benefits to be enjoyed by the company from its massive asset accumulation and operational losses reported in the past.

On dividend, where else would they have paid it from if not from reserve. Dividend is normally paid from reserves. However, in extreme cases, companies borrow to pay dividend which negates best practice.

ZenitBk divident alert just entered. It is goin to be a nice weekend.

Coolcash1:
See my response earlier below, the bolded;

A company that is not making profit from its main operation and will only turn to accounting language to declare profit is just not an investment grade.