Toluway:

Don't feel for me. I can't imagine how you're all misinterpreting my earlier posts. Soloniger, [b]I asked people to stop bear propaganda. i[/b]s that my sin?
You think I haven't made a lot of money from the bull? I pumped fund and made a lot of money since last October to January, after erasing my 2014 liabilities. And in this bear, how much has been lost? I haven't lost much money my friend. My chosen stocks are not losing much. To God be the glory. October to January , I will remember for a long time. Please I'm a happy person, save your lamentation for someone else.

(To the part in bold) Yet you remained mute to the bull stories.

Talking when it vexes you abi.

RabbiDoracle:


(To the part in bold) Yet you remained mute to the bull stories.

Talking when it vexes you abi.

The bull was real, not a propaganda. At the moment this bear is still a propaganda if we have not gone down by 20%

DOLLARTEX:
I smell ego!because you are a senior public servant,I should enter ground.you don't know where senior public servants are.do you know who current price is?

CP is the senior special adviser to Mama Charlie.

A knighted fellow.

Agbalowomeri:
Jokes apart, you people should respect our senior public servant
Oga abeg I sabi kill snake o, just in case one swallow something for your office

What is this story about snake?

Toluway:
What irks and still getting me disappointed is the way many of you have been misinterpreting my post. Why do you just want to misinterprete my post because you are already prejudiced? Please read my posts and make out my specific complaint against Oracle, whom I respect so much, and his bear followers.
Please let's do away with prejudice. One love.

Don't you think you are the one getting it wrong? Take it or leave it, the market is largely controlled by sentiments and not by comments from this forum. For anyone to profit from the market, you need to align your system to that of the market, if not you will be battling with uncertainty. Traders buy and sell stocks almost on a daily basis and re-align their portfolio in line with their investment objectives, this basically drives prices of stocks upward and downward.

Nobody is a bear hunter here (not even peterichy), But, the truth is you cannot have SUNSHINE everyday, if not there will be DROUGHT, there is a time for the bull and a time for the bear. So, we say what we see and observe for anyone who cares to listen and profit from it.

Have a nice day.

Anyone who cannot master his/her emotions and sieve through "noise" has no business in the stock market.

Prices of some equities may likely rebound and people will take smart gain (10 - 20%) from it.

RabbiDoracle:


Those preachers that say "God is coming" should stop preaching abi? Because too much of anything is bad. It is the same way people say this preacher has been saying the same thing for so long and it will become noise. And they don't listen.

I have been there before.

WORD of God is a no go area I repeat. Besides, God must come cause He said so before He ascended to heaven.

Secondly, a day to God is like a thousand years and a thousand years like a day. God might be seeing the ascension of Jesus Christ to heaven as an event that took place last two days, being Sunday. Maybe you don't know that Moses, David, Isaiah, Maicah and many other prophets, prophesied of his virgin birth, and some of the prophesies lasted almost 2000yrs before virgin Mary gave birth to Jesus.

All you must do, is to make sure that you do not die in sin. Cause Bible said in 1theslnia 4:16-18, that those who died in Christ will rise first whenever Jesus comes.

MARANATHA (JESUS CHRIST is coming again)

MSCI MOVEMENT FOR 12 FEBRUARY 2O18/GENERAL MARKET COMMENT

The fund added more Seplat yesterday, while the holding still remain intact.

Also on the general market comment. The Red card line is 38,130.31.

Caution: this is my personal opinion, is for information purpose only. There may be need to verify data independently on your own.

Toluway:
What irks and still getting me disappointed is the way many of you have been misinterpreting my post. Why do you just want to misinterprete my post because you are already prejudiced? If somebody says something, you think he is pained by the bear.
Up till now, most of you still couldn't realise that I was merely condemning negative propaganda and inciting panic selling. Why? If anyone complained about deliberate propaganda to cause panic selling, you all feel the person is trapped and and the opportunists would begin to say that they did favour and warned people. Even if you warned people, everyone has his own trading style.
Dear and sincere members of the forum, can't you see my point? Please read my posts and make out my specific complaint against Oracle, whom I respect so much, and his bear followers.
You think I haven't seen bear b4? I witnessed 2008, and 2014. What's the big deal. I am not trading stocks for a living yet. I'm a very senior public servant. As a matter of fact, I'm still experimenting for a couple of years b4 my retirement, when I would start putting mouth watering amount of money.
Please let's do away with prejudice. One love.

Bro...Nobody appointed you in the first place. In a public and faceless forum, you must expect varied responses to your post. Nobody is here to mind your emotions. We are here to read all we can read, take the ones that make sense to us, and junk the rest where they rightly belong.

emmanuelewumi:
How come we are happy when the prices of the cars or houses we want to buy falls, but not happy when stock prices fall..

If your temperament can't accommodate market correction, bear market, market depression, the best place to invest your fund should be the money market.

You now know why I don't tell people to buy Stocks. There is not easy money anywhere, the stock market inclusive. Know your, master your game, control your emotion, be patient and willing to learn.

Good morning sir.
Can you kindly recommend any source of knowledge/books regarding equities investment/stock investment in Nigeria or generally?
I am a newbie in stocks investment and willing to diversify into same.

Your response will be highly appreciated.

Thank you.

Agbalowomeri:
Jokes apart, you people should respect our senior public servant
Oga abeg I sabi kill snake o, just in case one swallow something for your office

must you joke with everything ? Oga,abeg where your office dey,boyz need contract ?.

We all entered this plane together.
some discovered the engine will be faulty if the plane take off.

And they alighted quietly(deruggedproof).

Some jumped out as the plane has not gone high without injury(oracle).

Some heared about dow as the plane was on motion in the sky and decided to use parachute to land safely(loco).

Some say they must see the end of it.....suddenly,the pilot just announced that he is confused(NSE) and anyone who knows where to press should come and press if not..........calamity.

Who will save my people now they are confused in the skye.........chibuking......any positive news?

Toluway:
What irks and still getting me disappointed is the way many of you have been misinterpreting my post. Why do you just want to misinterprete my post because you are already prejudiced? If somebody says something, you think he is pained by the bear.
Up till now, most of you still couldn't realise that I was merely condemning negative propaganda and inciting panic selling. Why? If anyone complained about deliberate propaganda to cause panic selling, you all feel the person is trapped and and the opportunists would begin to say that they did favour and warned people. Even if you warned people, everyone has his own trading style.
Dear and sincere members of the forum, can't you see my point? Please read my posts and make out my specific complaint against Oracle, whom I respect so much, and his bear followers.
You think I haven't seen bear b4? I witnessed 2008, and 2014. What's the big deal. I am not trading stocks for a living yet. I'm a very senior public servant. As a matter of fact, I'm still experimenting for a couple of years b4 my retirement, when I would start putting mouth watering amount of money.
Please let's do away with prejudice. One love.

You only know yourself.... The person that your direct boss reports to might be on this forum as well.

I remember one time a forum member was trying to exchange words with Wanaj0 and at a point told Wanaj0 that if only he knew how long he has been an expert. Blah Blah Blah.

The guy eat a humble pie when Wanaj0 told him when he started working as an accountant with PWC, obviously the guy was still in secondary school when Wanaj0 started. (I hope I remembered the story correctly).

What am trying to say is that you should keep whoever you are to yourself and also do not take anything that goes on here to heart.

We are here to catch fun and make money. Chill and relax.

Oando audit and the Gwarzo-Adeosun face-off

There is no doubt that President Muhammadu Buhari is bent in ensuring corporate governance in all sectors of the economy to build investors’ confidence and protect the integrity of Nigeria’s investment atmosphere against corporate abusive conducts.

What is indeed doubtful is whether his appointees are on the same page with the president in executing that daunting task.

Recent happenings in the Security and Exchange Commission (SEC) are disturbing to all stakeholders in the capital market. To say the confidence President Buhari has been trying to build is being eroded by the needless crisis at the SEC is simply calling a spade by its name.

I have been painstakingly observing the drama at the capital market regulatory body since the Oando scandal broke, the statutory steps taken by SEC to remedy the situation, the apparent interference by the Minister of Finance Kemi Adeosun, and the House of Representatives committee hearing on the issue.

Not to miss any aspect of the drama, I personally attended the hearing by the House of Representatives committee on capital markets, to hear first-hand, all the submissions by the various stakeholders.

In the last two years, the SEC conducted five major investigations on some erring companies in the market.

The SEC investigated BGL Asset Management company limited, and sacked its management, and banned its principal promoters from operating in the Nigerian Capital Market and occupying any public office. The two principal officers of the company are Mr. Albert Okumagba and Mr. Chubundo Edozien.

Oasis Insurance Plc was also investigated and stopped from making a public offer. The company requested for a refund of the non-refundable fees and SEC said by law that could not be refunded. But Minister Adeosun insisted that the company must be refunded. The chairman of the company is Mr. Adenrele Tokunbo Kehinde while the MD is Mr. Babatunde Oshadiya.

Ikeja Hotels Plc has been in crises for so many years and a settlement agreement was reached but SEC had to come in to ensure the agreement was implemented, also ordered a forensic audit. The principal promoters of the company are the Ibru Family.

Partnership Investments Limited is a capital market operator and several complaints were lodged with SEC and after investigation, the company and its principal officers were sanctioned. The MD of the company is Mr. Victor Ogiewonye.

Oando Plc is a public quoted company that was investigated by the regulatory body. The SEC received a petition from Ansbury Investment Inc an indirect shareholder of Oando and another petition from another shareholder of Oando Plc Alhaji Dahiru Mangal, on May 2 and May 4, 2017, regarding Oando Plc.

The SEC reviewed the petitions and constituted a technical committee to examine the conflicts, which recommended a forensic audit of the activities of Oando Plc.

Gwarzo told the House hearing that the Minister orally queried what power he has as DG of SEC to undertake such an exercise. At the meeting, the Minister threatened to relieve the SEC DG of his job.

Mounir Gwarzo, the SEC Director General responded that the SEC was statutorily empowered to conduct the exercise in line with its statutory mandate.

Again, on 20 October 2017, at about 9 am, the Minister summoned the SEC DG over the same Oando Plc issue. The Minister verbally, as Gwarzo told the hearing, instructed the SEC DG to lift the technical suspension placed on the shares of Oando Plc.

But the SEC DG explained to the Minister why the technical suspension should remain in the very best interest of protecting the integrity of the investments market and of protecting investors.

After series of back and forth, the DG received a letter on November 29, 2017, suspending him from office. Surprisingly, the issue of Oando Plc was not mentioned in the letter, instead, it contained three allegations which the Minister used in attempting to intimidate him into submitting to her verbal directive to discontinue the Oando audit.

The above Oando timeline as revealed during the House committee hearing brought to bear so many things.

From all the submissions, five major investigations were conducted by SEC in the last two years when Mrs Adeosun was the minister of finance.

But the Minister only decided to intervene on two, allowing due process to take its course on the remaining three. The promoters of the Oasis and Oando share the same ethnicity with the finance minister. Therefore, they must be protected at all cost and at the detriment of the companies’ investors.

The three other companies, promoted by people outside the Minister’s ethnic group were allowed to face the full wrath of the law without any interference by the finance minister.

This development is indeed a dent in President Buhari’s concerted effort in building investors’ confidence in the capital market. It is by this, that the Minister’s action portends a grave danger to the integrity of the capital market and the market outlook in the international scene.

From the submissions at the National Assembly hearing, I was wondering how the minister tried to accuse the DG of receiving severance allowance and payment of special early retirement package (Golden handshake) which policies approved by the board of SEC years before he started working there.

It is also curious how the Minister, who is deeply involved in this matter, hurriedly set up an administrative panel of inquiry populated by her appointees who are also party to the Oando issue, to probe the DG. Like the DG said at the hearing, “as a regulator, I don’t have a political platform, and as such, black, white, religious and secular, rich and poor, man and woman, disabled and able, are all equal in my eye and should be treated fairly as humans.”

It is time President Buhari act to salvage the capital market from total collapse, by insisting that the institution is bigger than any individual in the country. The choices, therefore, are two: allow the Oando’s investigation to continue to maintain the integrity of SEC and the market; or stop the Oando’s investigation and allow the integrity of SEC and the market to be rubbished.

Williams wrote this piece from Ikeja, Lagos

Source: https://www.dailytrust.com.ng/oando-audit-and-the-gwarzo-adeosun-face-off.html

RabbiDoracle:


(To the part in bold) Yet you remained mute to the bull stories.

Talking when it vexes you abi.

Don't pretend that you don't know what I'm talking about my Oga. You are brighter than that. Fortunately for you, the majority is not getting what I'm driving at, and helping you to attack me instead of giving me a well deserved award for my timely discovery and courageous exposing.
Now, this is a private and secret discussion between you and I. You and I know that the bear all over the world for about three weeks now was caused by sentiment and sentiment alone. This has been proved worldwide since three days ago.
Efforts have been made worldwide expecially in U.S . to attenuate this herd scenario. Veteran traders in America has had the cause to address traders, telling them to be patient, that the economy and the fundamentals are strong.

BUT Sir, on the contrary, what have you been doing here? I put it to you that you have been doing all you could to promote and exacerbate the bearby adding petrol and gas to the herds scenario for obvious selfish reasons.
Rabbi, my jolly jolly Oga, I hereby appeal to you to repent and apologise to this heavenly ordained forum, to promote the cause of stock trading in Sub-Saharan Africa.

yok:
MSCI MOVEMENT FOR 12 FEBRUARY 2O18/GENERAL MARKET COMMENT

The fund added more Seplat yesterday, while the holding still remain intact.

Also on the general market comment. The Red card line is 38,130.31.

Caution: this is my personal opinion, is for information purpose only. There may be need to verify data independently on your own.

I have said this before and I am repeating it again. This their daily update don't tally at all! Seplat at yesterday's close of market sold about 35k units but this people are saying they added over 60k units of same stock. Are they also buying from London Stock Exchange and populating it on NSE?

FCMB's Operating Profitability Among Weakest—Fitch
https://www.businesspost.ng/2018/02/13/fcmbs-operating-profitability-among-weakest-fitch/

mendes911:


I have said this before and I am repeating it again. This their daily update don't tally at all! Seplat at yesterday's close of market sold about 35k units but this people are saying they added over 60k units of same stock. Are they also buying from London Stock Exchange and populating it on NSE?

They want to sell their seplat today

Toluway:

Don't pretend that you don't know what I'm talking about my Oga. You are brighter than that. Fortunately for you, the majority is not getting what I'm driving at, and helping you to attack me instead of giving me a well deserved award for my timely discovery and courageous exposing.
Now, this is a private and secret discussion between you and I. You and I know that the bear all over the world for about three weeks now was caused by sentiment and sentiment alone. This has been proved worldwide since three days ago.
Efforts have been made worldwide expecially in U.S . to attenuate this herd scenario. Veteran traders in America has had the cause to address traders, telling them to be patient, that the economy and the fundamentals are strong.

BUT Sir, on the contrary, what have you been doing here? I put it to you that you have been doing all you could to promote and exacerbate the bearby adding petrol and gas to the herds scenario for obvious selfish reasons.
Rabbi, my jolly jolly Oga, I hereby appeal to you to repent and apologise to this heavenly ordained forum, to promote the cause of stock trading in Sub-Saharan Africa.

Stop been emotional.
If you strongly believe the bear is based purely on sentiments, use your remaining spare money and buy more, then wait patiently. That's how to make easy money.

Toluway:

Don't pretend that you don't know what I'm talking about my Oga. You are brighter than that. Fortunately for you, the majority is not getting what I'm driving at, and helping you to attack me instead of giving me a well deserved award for my timely discovery and courageous exposing.
Now, this is a private and secret discussion between you and I. You and I know that the bear all over the world for about three weeks now was caused by sentiment and sentiment alone. This has been proved worldwide since three days ago.
Efforts have been made worldwide expecially in U.S . to attenuate this herd scenario. Veteran traders in America has had the cause to address traders, telling them to be patient, that the economy and the fundamentals are strong.

BUT Sir, on the contrary, what have you been doing here? I put it to you that you have been doing all you could to promote and exacerbate the bearby adding petrol and gas to the herds scenario for obvious selfish reasons.
Rabbi, my jolly jolly Oga, I hereby appeal to you to repent and apologise to this heavenly ordained forum, to promote the cause of stock trading in Sub-Saharan Africa.

So una dey discuss for "the other room"? Oya make una confess, wetin una be talk about?

So Oracle is a very big monkey hunter and he discussed this plan with Toluway long time ago. Choi. Kai. More disclosure to emerge. We are waiting.

#CorporateDisclosure. #ForumDisclosure.

dipoolowoo:
FCMB's Operating Profitability Among Weakest—Fitch
https://www.businesspost.ng/2018/02/13/fcmbs-operating-profitability-among-weakest-fitch/

This we know...

Toluway:

Don't pretend that you don't know what I'm talking about my Oga. You are brighter than that. Fortunately for you, the majority is not getting what I'm driving at, and helping you to attack me instead of giving me a well deserved award for my timely discovery and courageous exposing.
Now, this is a private and secret discussion between you and I. You and I know that the bear all over the world for about three weeks now was caused by sentiment and sentiment alone. This has been proved worldwide since three days ago.
Efforts have been made worldwide expecially in U.S . to attenuate this herd scenario. Veteran traders in America has had the cause to address traders, telling them to be patient, that the economy and the fundamentals are strong.

BUT Sir, on the contrary, what have you been doing here? I put it to you that you have been doing all you could to promote and exacerbate the bearby adding petrol and gas to the herds scenario for obvious selfish reasons.
Rabbi, my jolly jolly Oga, I hereby appeal to you to repent and apologise to this heavenly ordained forum, to promote the cause of stock trading in Sub-Saharan Africa.

@oracle,mendes and curentprice.
To be sincere,your late contributions in this forum has brought emotional problems to people.
The reason is that everyone here has seen you guys as small gods of the stock market.

MY ADVICE NOW IS IF YOU KNOW WHAT TO PRESS TO RELEASE PEOPLE,PLS KINDLY PRESS.

Bear never even come and we are all complaining/panicking like this.

It's alright.

locodemy:


@oracle,mendes and curentprice.
To be sincere,your late contributions in this forum has brought emotional problems to people.
The reason is that everyone here has seen you guys as small gods of the stock market.

MY ADVICE NOW IS IF YOU KNOW WHAT TO PRESS TO RELEASE PEOPLE,PLS KINDLY PRESS.

Senior Brother Loco, please remove my name and put Agba's... I have not said anything about bear before/since market turned RED.

[quote author=DOLLARTEX post=65021700]I smell ego!because you are a senior public servant,I should enter ground.you don't know where senior public servants are.do you know who current price is? [/quote
Sorry Sir, I was only trying to put it across that I'm a salary earner and still depends on my salary. Wetin dey civil service if you're not a robber in charge of public fund.
If I'm egocentric, I won't be behaving the way I've been behaving here, striving to learn from every one and crying out for help on every little thing. I know what I'm doing my brother.
Currentprice remain my mentor here, even though he has always abandoned me. Currentprice, my respect sir. I worship some of you for your knowledge. I'm not ashamed of that. Knowledge is my idol

Toluway:

Don't pretend that you don't know what I'm talking about my Oga. You are brighter than that. Fortunately for you, the majority is not getting what I'm driving at, and helping you to attack me instead of giving me a well deserved award for my timely discovery and courageous exposing.
Now, this is a private and secret discussion between you and I. You and I know that the bear all over the world for about three weeks now was caused by sentiment and sentiment alone. This has been proved worldwide since three days ago.
Efforts have been made worldwide expecially in U.S . to attenuate this herd scenario. Veteran traders in America has had the cause to address traders, telling them to be patient, that the economy and the fundamentals are strong.

BUT Sir, on the contrary, what have you been doing here? I put it to you that you have been doing all you could to promote and exacerbate the bearby adding petrol and gas to the herds scenario for obvious selfish reasons.
Rabbi, my jolly jolly Oga, I hereby appeal to you to repent and apologise to this heavenly ordained forum, to promote the cause of stock trading in Sub-Saharan Africa.

Tolu's man,
Humm, anything can cause bear. as well anything can cause bull. It all depends on market sentiments. Anyway if you have a system in place I do not think you will have problem with Oracle's posts. You are rubbing oracle with oil then little by little you set fire on it . Oracle is not the only person that sense danger. He tried as a mother hen to protect the chicks, but most of us still did not hear.

We all are actually not meant to hear depending on your investment philosophy. AS bulls cycle will not last forever, so the bears cycle.

mendes911:


Senior Brother Loco, please remove my name and put Agba's... I have not said anything about bear before/since market turned RED.

Bia onyeneku?

sellydion:


Tolu's man,
Humm, anything can cause bear. as well anything can cause bull. It all depends on market sentiments. Anyway if you have a system in place I do not think you will have problem with Oracle's posts. You are rubbing oracle with oil then little by little you set fire on it . Oracle is not the only person that sense danger. He tried as a mother hen to protect the chicks, but most of us still did not hear.
This post shows you're still not getting my point !!!! I'm

We all are actually not meant to hear depending on your investment philosophy. AS bulls cycle will not last forever, so the bears cycle.

This post shows you're still not getting my point brother! !!!! Read the above post again. I'm not complaining about alerting people MMan! .Well, I rest my case. Bye house.

Alright guys....

Bull, Bear or non of either in the market should not take up all the airtime. Truth is that there are always opportunities in the market, Bull or Bear. Just watch out for it people. In a bear market there will always be that odd stock that bucks the trend either due to M&A opps, divestiture, acquisition, very positive surprise earnings etc. Those are the opportunities we should seek at times like these and always.

If you have missed this bull run...no problem. It is bound to happen again sooner or later. No doubt about that. Besides, there is always a "once in a life time opportunity" showing up at exchanges across the world so you can take your pick over and over again. Not the same opportunity but different ones across time.

Last year alone, i easily recall Dangote Flourmill (N1 - >N6), MayBaker (N0.50 - >N5. infact i will pay close attention to this stock again), FBNH (N2.96 - >N8) and all this in a non bull market.

Bull runs can only happen once in a while, and sometimes creates bubbles in stock prices that will inevitable burst.

Let's become more seasoned by trying to make money in all market conditions.

#Strategycounts

@Tolu

chai! no wonder i stay longer in bed, pain all over my body, so na Toluwa hit me with sledgehammer

though i no understand all the big big grammar but i can see you angry. not easy to cash out gain to re-enter at the end of the bull add this to your experience of 2015. you suppose to carry machine gun come my house i am used to this. go and check forex trade alert thread

Only a fool will ever believe all these mcsi publications. Why would they show you their everyday move? Are they stupid?
Some of the people here are stooges from some funds controlling the fear and greed balance here to mop or dump stocks on the innocent!
Apart from verifiable news from reliable news room or established technical analysis, don't believe anything you read here to be safe.

mendes911:


I have said this before and I am repeating it again. This their daily update don't tally at all! Seplat at yesterday's close of market sold about 35k units but this people are saying they added over 60k units of same stock. Are they also buying from London Stock Exchange and populating it on NSE?