This mbermonth na total bear o School feels bear, loan bear, 9moble loan bear, christmas bear, 9free bear, stockbull bear, chibuking81 bear, peterichy bear's, . Good day my brother's and sister's in the LORD , wellcome to the month of mber, mber

In anticipation of Sallah holiday,
the Central Bank of Nigeria on
Thursday raised the total
intervention for the week to 547
million dollars as against 195
million dollars offered the previous week. The CBN spokesman, Mr Isaac
Okorafor in a statement in Abuja,
said that the intervention would
uplift the Naira exchange rate,
boost liquidity in the forex market
and ensure timely execution and settlement of eligible transactions. Okorafor, also expressed
confidence that the interventions
would continue to guarantee
stability in the market and ensure
availability to individuals and
business concerns with genuine demand for Forex transactions. Meanwhile, the Naira on
Thursday closed at N362 to a
dollar as supply by CBN
improves. This is a far
improvement over the N370 it
was selling earlier in the week. Also, the Pound Sterling and the
Euro have maintained their
strength against the Naira,
exchanging at N462 and N428
respectively.

ihedioramma:
This mbermonth na total bear o School feels bear, loan bear, 9moble loan bear, christmas bear, 9free bear, stockbull bear, chibuking81 bear, peterichy bear's, . Good day my brother's and sister's in the LORD , wellcome to the month of mber, mber

Chibull and stockbull will welcome bull
I will position myself well this month for the bull.

ihedioramma:
This mbermonth na total bear o School feels bear, loan bear, 9moble loan bear, christmas bear, 9free bear, stockbull bear, chibuking81 bear, peterichy bear's, . Good day my brother's and sister's in the LORD , wellcome to the month of mber, mber

If you do not fear bears,pls fear peterichy's BEAR.

@intend and all pls when do you think the wapco and dang sugar right issue will be?

dipoolowoo:
SEC Approves Union Bank N50b Rights Issue
https://www.businesspost.ng/2017/08/31/sec-approves-union-bank-n50b-rights-issue/

BullBearMkt:
MONTH OF AUGUST BEGS FOR CAUTION
I have shown the table below many times and I will show it again today. It shows the number of times (in percentage) NSE ASI was bullish (rise) compared to when it was bearish (fall) in critical months May - August between 2002 and 2016. As we know NSE is just recovering from the 2008 stock market crunches, but before that from 2002 to 2007 was the prosperous period for the Nigerian Stock Exchange.

In the month of August between 2002 and 2016, NSE ASI rises just 4 times equivalent to 27% and falls for the remaining 11 times. During the bullish period of 2002 - 2007 (6 years), NSE rises in August 3 times. However, during the crisis witnessed between 2008 - 2016 NSE rises just once (11%) in the same month!

Statistically, from the available data, month of August by and large favours bear more than bull. However, this doesn't mean some stocks will not rise, but most stocks decline in the month of August.

What we can draw from this is that if there is any stock out there we plan to buy, we should be cautious with our investment/trading.

PLAN YOUR TRADE AND TRADE YOUR PLAN

...as expected, month of August ended bearish. Uuuhhmmm, with a bearish pin-bar!

Ramadan Mubarak to all Muslims!!!

BullBearMkt:

...as expected, month of August ended bearish. Uuuhhmmm, with a bearish pin-bar!

Ramadan Mubarak to all Muslims!!!

what of September 2002 - 2016

We need to know on time, because the one posted will not be useful this year again until next year, is like one to see important information after the exam.
Pls I need the information now before the exam.

NCO123:

what of September 2002 - 2016

We need to know on time, because the one posted will not be useful this year again until next year, is like one to see important information after the exam.
Pls I need the information now before the exam.

...lol!!!
The above post on the expectation for the month of August was sent out at the start of August, nothing is certain though, but clearly shows August is more likely to be bearish than bullish.

The likely movt for September technically is shown on the chart with a bearish pin bar.

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Tritri:
@valacious I once asked morgan if dey offer direct cash settlement and they said NOT YET...did u sign up for DCS wit any broker yet?

My other brokers sent me the mail...maybe one will contact CSCS through your broker..

ihedioramma:
Hello Lancee sir, Are you from Nigeria sir ?

Yes sir

lancee:



Yes sir

Ok .

NSE Index Sheds 3.12% as Mobil Tops Losers’ Chart With 14.25% Fall
https://www.businesspost.ng/2017/09/01/nse-index-sheds-3-12-mobil-tops-losers-chart-14-25-fall/

PETERiCHY:
What we are witnessing now is known as SCHOOL FEES BEARS.

It normally show between AUGUST 15th and SEPTEMBER 15th of every year.

It's the most dangerous species of BEARS, So better don't dare it.

BARGAIN HUNTERS oil yours GUNS and sharpen your CUTLASSES!!!

September15th is around the corner, School fees and Sallah BEARS will soon be over .

*ThE OcToPuS*

PETERiCHY:



BARGAIN HUNTERS oil yours GUNS and sharpen your CUTLASSES!!!

September15th is around the corner, School fees and Sallah BEARS will soon be over .

*ThE OcToPuS*

What are your picks?

PETERiCHY:



BARGAIN HUNTERS oil yours GUNS and sharpen your CUTLASSES!!!

September15th is around the corner, School fees and Sallah BEARS will soon be over .

*ThE OcToPuS*

Twale Baba

I don't know how Nigeria stock operates. I need advice on where to invest on a long term, like 4 to 6 years

Alert: NBS set to announce Nigeria's GDP result for 2nd quarter on tuesday by 10am. Stay tuned for confirmation of whether recession is over or not. Mr market most likely to react to the news.

2zona:
Alert: NBS set to announce Nigeria's GDP result for 2nd quarter on tuesday by 10am. Stay tuned for confirmation of whether recession is over or not. Mr market most likely to react to the news.

You don't need a prophet to tell you that the recession is over.

Bewere of this bear, Attacks on oil facilities to resume September 10 — Niger Delta Militants . ASUU strike bear .

Jasmine17:


You don't need a prophet to tell you that the recession is over.

Its over on paper. Every pther thing is still on recession.

ihedioramma:
Bewere of this bear, Attacks on oil facilities to
resume September 10 — Niger
Delta Militants . ASUU strike bear .

Hahaha , Ihedioramma is like you have join bear group.

Ihedioramma bear ( Schools fees bear in mind, which must surely bring back bull).
we are moving away from "bull bear MKT" to "Bear Bull MKT".

We are starting Bear Bull MKT from this September, after rain comes sun, after planting comes harvesting, after buy comes sell, after Bear comes Bull.

Chibuking81:


Hahaha , Ihedioramma is like you have join bear group.

Ihedioramma bear ( Schools fees bear in mind, which must surely bring back bull).
we are moving away from "bull bear MKT" to "Bear Bull MKT".

We are starting Bear Bull MKT from this September, after rain comes sun, after planting comes harvesting, after buy comes sell, after Bear comes Bull.

Just follow you at back now .

BullBearMkt:

...as expected, month of August ended bearish. Uuuhhmmm, with a bearish pin-bar!

Ramadan Mubarak to all Muslims!!!

See shooting star, the bears are here. The market is well overbought but as for me no shaking. These mild vibrations won't rattle me.

2zona:
Alert: NBS set to announce Nigeria's GDP result for 2nd quarter on tuesday by 10am. Stay tuned for confirmation of whether recession is over or not. Mr market most likely to react to the news.

GDP report will determine movement of market this week.

As Prudential acquires major stake in Zenith Life Drastic actions are being considered to be taken against the “no-serious insurance companies”, which might result in further mergers and acquisitions as witnessed at the post-2003 insurance reform. This revelation is coming on the heels of recent findings which indicate that the insurance sector accounted for 40-42 per cent of dormant equities on the Nigerian Stock Exchange (NSE) in the first quarter of 2017. Dormant equities are stocks that recorded no price movement but remain static at their nominal value of 50 kobo per share. Giving this assertion in Lagos recently, was the Head of Retail Non-Life at AIICO Insurance, Taofik Ayeni, during a training rganized for members of the Capital Market Correspondents Association of Nigeria, CAMCAN as part of the association’s capacity building initiatives to enhance members’ skill in financial market reporting through knowledge of industry-specific operations. Confirming the development was the Chief Executive Officer (CEO), Nigerian Stock Exchange, Oscar Onyema, who at a recent interactive session with insurance industry leaders, lambasted insurance companies for their apathy towards corporate governance culture. Onyema said there was high level of regulatory infraction in the industry and that insurance records the highest penalty among the segments of The Exchange. The NSE CEO disclosed that only 12 out of 27 listed insurance companies are post-listing compliant in terms of corporate disclosure, mainly filing of annual reports. Although reports reveal that Nigeria is among the least countries in terms of insurance contribution to the Gross Domestic Product, GDP, at 0.72 per cent, The Director-General of the National Insurance Commission, NAICOM, Sunday Thomas, attributed this to “general apathy for insurance by the Nigerian government and the citizens”. Thomas said the Nigerian insurance sector was grossly untapped because it had not yet appealed to the informal sector, which constitutes over 80 percent of the population, adding that it would take deliberate efforts to win the confidence of this sector. The apex regulator had thus introduced a number of strategies towards achieving the objectives of a Compulsory Insurance Scheme (CIS). One of the strategies was the Market Development and Restructuring Initiative (MDRI) – a medium-term plan, aimed at facilitating the enforcement of the Compulsory Insurance. Fortunately, a welcome development in this regard has been activated by the Lagos state government through its enforcement of the CIS in its territory to mitigate risks resulting from the violation of insurance regulations in various sectors. Meanwhile, the News Agency of Nigeria reports that Prudential Life Insurance, a leading life insurance company in the world, has acquired majority stake in Zenith Life Insurance company in Nigeria. According to the agency, a source in Zenith Life Insurance, on Thursday said that the deal was consummated in July. He said that the deal affirmed Prudential’s commitment to Africa after its launch of businesses in Ghana and Kenya in 2014, Uganda in 2015 and Zambia in 2016.The source said that Zenith International Insurance just introduced its new majority shareholder to the Nigerian Council of Registered Insurance brokers at a members’ evening in Lagos. At the meeting, Mr Chuks Ingumbor, the Managing Director of Zenith Life, was quoted as saying that his company was proud to be a member of Prudential Group. “Zenith Life is proud to be part of an international brand and is looking to deepen Insurance penetration in Nigeria by continuing its existing relationship with the broker community, while also launching its retail proposition.” Mr Okunoren, the NCRIB President, commended Zenith Life for its level of level of service it had displayed in its dealings with brokers and look forward to working with a stronger entity. Zenith Life was incorporated in 2001 and had N6.6 billion assets and a gross premium of N3.3 billion as at December 2016. Prudential PLC and its affiliated co

BullBearMkt:

...lol!!!
The above post on the expectation for the month of August was sent out at the start of August, nothing is certain though, but clearly shows August is more likely to be bearish than bullish.

The likely movt for September technically is shown on the chart with a bearish pin bar.

very long monthly shooting star !