Coolcash1:


Mr market don humble Loco....

Lol. Loco is a changed man. Life has not been the same since he returned home from his exile in SA

The economic recovery is strengthening. Even the Morgan Stanleys of this world are now aligning with the CBN's policies.

Infinitisi:

Good afternoon,
MSCI retains Nigeria in the frontier index on improved FX liquidity - Late yesterday, Morgan Stanley Capital International (MSCI) announced that Nigeria stocks will remain part of its frontier index and are no longer under review for a possible demotion to a standalone status given improved FX liquidity in the Nigeria market. For context, MSCI had previously announced in June 2016 that it was considering Nigeria for a possible downgrade to stand-alone status, highlighting deteriorating FX liquidity as well as FX restrictions as key concerns. This development led to a massive outflow of capital from the Nigeria equities market - Market capitalization declined by 17.14%. Until now, the decision whether or not to retain Nigeria in its Frontier Market Index has been a recurring theme in the Nigerian equity market space among both local and foreign institutional investors. The Central Bank of Nigeria (CBN) in April, 2017 established the "Investors and Exporters (IE) window" that allowed for FX transactions at market determined rates in a bid to ease the concerns of foreign investors. Consequently, the MSCI decision on whether to retain Nigeria in its Frontier market indexes in June, 2017, was postponed to ascertain the effectiveness of the IE window. Unequivocally, the MSCI's decision to retain Nigeria in the Frontier index reflects the success and effectiveness of the IE window.
Positives hovering on the horizon - Sequel to the implementation of the window, foreign sentiments improved significantly towards Nigerian equities. Despite the uptick in foreign interest, a handful of foreign fund managers waited on the side-lines in anticipation of the final MSCI announcement. We believe this potential demand from these foreign investors as well as tactical local market participants will spur positive sentiments in the short term. With the reassurance that investors can complete their transactions at a market determined exchange rate, we expect to see further influx of capital into the equities market. Currently, foreign portfolio managers tracking the MSCI Frontier Market index allocates weights varying from 3.98% to 4.99% compared to the 7.96% benchmark weight of the MSCI frontier index. This implies that these fund managers are still significantly underweight. Thus, we expect underweighted fund managers to rebalance their portfolios in favour of the Nigeria market. This will consequently improve sentiments and demand for Nigerian equities.

Intendy:


404 bad request.
repost the original site sir.

just Google latest 10 richest Nigeria banks

PETERiCHY:
TAKE NOTE NEWBIES. If you don't have long term idle fund stay away entirely from the stock market else one day you will wake to discover that all your money has gone with the winds. Don't say you aren't warned.

*ThE OcToPuS*

Mr killjoy we've heard you.

veecovee:
just Google latest 10 richest Nigeria banks

A blogger can write anything on his blog. You can get the right information from CBN.

Diamond has never been in the top 5, although it can be in the top 10.

veecovee:
just Google latest 10 richest Nigeria banks

morning sir.

I can't cause you've shifted your goal post from 5th to 6th after it was clear that FUGAZ owns those position meaning you aren't consistent sir. I can't believe take that after you agreed to the above

No time for argument but take it ,diamond doesn't make first 7.

emmanuelewumi:



A blogger can write anything on his blog. You can get the right information from CBN.

Diamond has never been in the top 5, although it can be in the top 10.

Bro Emmanuel pls leave him.From 5th to 6th now to top 10

He's referring to blog.

Besides FUGAZ ,stanbic is there,ecobank etc

currentprice:
^^

Thank you sir for giving me an insight into the inherent value of dang.flour. I gained alot from it. God bless u.

PETERiCHY:
TAKE NOTE NEWBIES. If you don't have long term idle fund stay away entirely from the stock market else one day you will wake to discover that all your money has gone with the winds. Don't say you aren't warned.

*ThE OcToPuS*

This is not forex trading where money disappears. Your money can only depreciate in stock trading. Unless the company died and you weren't diligent enough to close your trade before the demise of the company. The young shall grow.

stockbuego:


Thank you sir for giving me an insight into the inherent value of dang.flour. I gained alot from it. God bless u.

hope u have not sell yet. if you have not hold it not mature yet

Same here.@ Currentprice & DeRuggedProf, thanks Sirs, you guys convinced me on DF!!! & I'm smiling right now.

stockbuego:


Thank you sir for giving me an insight into the inherent value of dang.flour. I gained alot from it. God bless u.

Going back to my usual thread viewing-mode only. Ghost mode activated.

owoblow77:
Same here.@ Currentprice & DeRuggedProf, thanks Sirs, you guys convinced me on DF!!! & I'm smiling right now.

Going back to my usual thread viewing-mode only. Ghost mode activated.

I must say a big thank you to all the BNSTL here for this @CurrentPrice for the DF info. I key in at N6.80 and looking good now. So was Agbalomeri too on UCAP then.
I lost over N3m raw cash on Oando shares...still praying. Oga 333 take hearth we many weh de Ur lane. Lol.
Thanks all and God bless all...Intendi , FXuser EmmaEwumi , Derugdeprof, haba Una many o..abeg if I no mention Ur name no vex , my oga de come near my table for office, make I run

currentprice:


hope u have not sell yet. if you have not hold it not mature yet

Iam still holding tight sir. You should deserve some drinks

stockbuego:


Iam still holding tight sir. You should deserve some drinks

drink ke, with my own DumpT dangote flour in my portfolio key-in at good price, na xmas party i go do for all of my ogas

@ Loco how far hav u check the stock or u still searching. let me know sir

Nestle Nigeria Offers N15 Interim Dividend after 4,641% Rise in Q3 Profit
https://www.businesspost.ng/2017/10/31/nestle-nigeria-offers-n15-interim-dividend-4641-rise-q3-profit/

NSE wonder ..They ve dumped DF and ran Away ..pple need money they can't stay too long in the mkt

Watching maybe moppin will occur b4 mkt closes

currentprice:


drink ke, with my own DumpT dangote flour in my portfolio key-in at good price, na xmas party i go do for all of my ogas

Hope you are not referring to the octopus's dump truck?


I missed this dangote flour. Sold mine long time ago.

dipoolowoo:
Nestle Nigeria Offers N15 Interim Dividend after 4,641% Rise in Q3 Profit
https://www.businesspost.ng/2017/10/31/nestle-nigeria-offers-n15-interim-dividend-4641-rise-q3-profit/

My instinct was telling me that something good will happen in nestle.

NSE.... Never Say Never.

pre-market DF

currentprice:
diamond bank disappoint the shareholder with the result no doubt,,,shareholder of today have no patience and the probabilities of punish this stock to under N1 is very high starting from 2morrow.

i expect those that have diamond in their portfolio to continuing defending but mkt will still do it thing

shareholder will definitely punish this stock

According to TA, no shaking for DF BUY.

NB: I no know book o.

Seems the market is in bearish mood today. All stock just dey lose sha

cadno:

I must say a big thank you to all the BNSTL here for this @CurrentPrice for the DF info. I key in at N6.80 and looking good now. So was Agbalomeri too on UCAP then.
I lost over N3m raw cash on Oando shares...still praying. Oga 333 take hearth we many weh de Ur lane. Lol.
Thanks all and God bless all...Intendi , FXuser EmmaEwumi , Derugdeprof, haba Una many o..abeg if I no mention Ur name no vex , my oga de come near my table for office, make I run

lool, better face your work oh

rebekah2011:
Seems the market is in bearish mood today. All stock just dey lose sha

currentprice:
mkt generally look not happy today

i think it started yesterday,,, end of the month thinz

jamace:
According to TA, no shaking for DF BUY.

NB: I no know book o.

Don't be suprised to see all those offers disappear in the next 2 hours.

kolaish:
Don't be suprised to see all those offers disappear in the next 2 hours.

Its happening already....Got some at N9.13...

Who can explain, What happened this morning. Everything went down and suddenly up. Fidelity, diamond, fbnh etc.

Mpeace:
Who can explain, What happened this morning. Everything went down and suddenly up. Fidelity, diamond, fbnh etc.

Those of them with weak hands are being shaken out...

Now let's see another good rally for the brave!

currentprice:
@ Loco how far hav u check the stock or u still searching. let me know sir

For mentioning Transcorp OS divided by 12,you are talking about that company that uses HELICOPTERS to do business.
The stock price was very low last year.All of a sudden,the stock started rising because of one big oil company that signed a contract with them recently.Oga,have you seen their 9 months result?I have not seen it.pls,if you have it,just repost it for me to view and give me the 6 months target price of your's.............thank you bro.