Agbalowomeri:
All these grammar make fcmb reach 70kobo first

jaaz wicked
no de scare fresh ghost readers ohh . . . loll
if this fails 1.56 next

Mpeace:
Story. Just go and draw the price list of 2014. Pre 2015 elections did not bring in those prices. Zenith for instance did not lose upto 2naira in that year. The real fall came after buhari took over. That was when we saw those real lows. That was also when we saw the naira really fall with crude prices. That was when investors really wanted to bail out because buhari in his "wisdom" did not see any reason to defend the naira.
Prices fell pre election but most stocks did not lose more than 15%. They did nit lose as much as 2015 when loans started going bad.
The reason for the present fall is not just elections. Its more of an investment decision by foreign investors which decision not just affects nigeria, but the entire emerging markets.

Preelection, election, and postelection, all are election outcome.
In 2014/2015 there was bear visitation in both, preelection and postelection. Whether 15% or 20%, in preelection plus 40/60% in postelection, they are all election outcome.

This time, preelection bear% will be more than postelection percent.

Mpeace:
Story. Just go and draw the price list of 2014. Pre 2015 elections did not bring in those prices. Zenith for instance did not lose upto 2naira in that year. The real fall came after buhari took over. That was when we saw those real lows. That was also when we saw the naira really fall with crude prices. That was when investors really wanted to bail out because buhari in his "wisdom" did not see any reason to defend the naira.
Prices fell pre election but most stocks did not lose more than 15%. They did nit lose as much as 2015 when loans started going bad.
The reason for the present fall is not just elections. Its more of an investment decision by foreign investors which decision not just affects nigeria, but the entire emerging markets.

what a reference...

If he wins in 2019, then it will be easier to predict the market trend for the next 4 years....

swilo:


what a reference...

If he wins in 2019, then it will be easier to predict the market trend for the next 4 years....

Northern or southern pole?
Your quote is pointing southern pole.
God will not allowed him.

mendes911:
Gbam. Well said.
Mcy, you don see your course mate naww. Dey there ooo. In my own opinion, I don't think the sell-off is any different from the previous years. The only distortion last year was devaluation that was done and market rallied when it usually doesn't.

We no dey same class again o, na to say I dey learn from him now. He don get double promotion.

Chibuking81:

Preelection, election, and postelection, all are election outcome.
In 2014/2015 there was bear visitation in both, preelection and postelection. Whether 15% or 20%, in preelection plus 40/60% in postelection, they are all election outcome.

This time, preelection bear% will be more than postelection percent.

Bros me, how many mouth you get sef. Let me know what I am dealing with.

Chibuking81:

Northern or southern pole?

straight down south, even beyond south africa.

swilo:


straight down south, even beyond south africa.

Mcy56:


We no dey same class again o, na to say I dey learn from him now. He don get double promotion.

If you like no change seat come join us. De guy wey I dey sit with now eh, na principal pikin.

mendes911:

FO about to hit N22. I hope people didn't buy-in based on that subsidy payment kiniko....

and thus . .52 week low begat 52 week low

May/June that was “supposed” to be bullish turns bearish.. What if it’s August/September/October that’ll bullish ? then till next year after election.. because if truly the election will take its toll on the index why be in the market at a time so close to the election? November, December, January and February.

Mpeace:
If you like no change seat come join us. De guy wey I dey sit with now eh, na principal pikin.

No wonder you dey get expo anyhow now. The pikin wey no get good handwriting.

Chibuking81:

Preelection, election, and postelection, all are election outcome.
In 2014/2015 there was bear visitation in both, preelection and postelection. Whether 15% or 20%, in preelection plus 40/60% in postelection, they are all election outcome.

This time, preelection bear% will be more than postelection percent.

Wehdone

Cutix 6million full bid @ 3.63 .. talking about illiquid
Pluto see your stock turn liquid overnight

20 kobo dividend and bonus of 1 for 1 driving it.

Yayira:
Cutix 6million full bid @ 3.63 .. talking about illiquid
Pluto see your stock turn liquid overnight

Mpeace:
Story. Just go and draw the price list of 2014. Pre 2015 elections did not bring in those prices. Zenith for instance did not lose upto 2naira in that year. The real fall came after buhari took over. That was when we saw those real lows. That was also when we saw the naira really fall with crude prices. That was when investors really wanted to bail out because buhari in his "wisdom" did not see any reason to defend the naira.
Prices fell pre election but most stocks did not lose more than 15%. They did nit lose as much as 2015 when loans started going bad.
The reason for the present fall is not just elections. Its more of an investment decision by foreign investors which decision not just affects nigeria, but the entire emerging markets.

How was he going to defend the Naira? With crude oil at less than $40/bbl and the reserves on a free fall?

Yayira:
Cutix 6million full bid @ 3.63 .. talking about illiquid
Pluto see your stock turn liquid overnight

Hey sorry to post this here now that bubu don dey shake market make money letting your real estate short time , register at www.airbnb.com/r/flexys1

WAPCO is really prepared for this their result.

wanaj0:


How was he going to defend the Naira? With crude oil at less than $40/bbl and the reserves on a free fall?

I am thinking he actually meant the opposite that buhari didn't see reason to devalue the naira until he was forced to do so.

shigidi:


That is true. But very rarely will u have 100% of your portfolio in NEM back In those days. Whereas you can easily move 100% of your money to $$. On a portfolio to portfolio comparison, the person that bought $$ may be better off. MAY BE.

Exactly, especially if the person who bought USD also bought......

Agbalowomeri:
All these grammar make fcmb reach 70kobo first

There was a naira whose 28,000 units could buy 1 tonne of cement. That naira is DEAD 14b units of that naira would get you 3% stake in Zenith.

The naira now around is one which you'd need 72,000 units of to get a tonne of cement.

It makes no financial sense to sell my more profitable 3% stake for a less valuable naira amount.

please consider this in your price forecasts erstwhile you'll be praying for prices to again hit lows you gallantly ignored.

BREAKING: CBN Retains MPR at 14%, Liquidity Ratio at 30%
https://www.businesspost.ng/2018/07/24/breaking-cbn-retains-mpr-at-14-liquidity-ratio-at-30/

awesomeJ:

There was a naira whose 28,000 units could buy 1 tonne of cement. That naira is DEAD 14b units of that naira would get you 3% stake in Zenith.

The naira now around is one which you'd need 72,000 units of to get a tonne of cement.

It makes no financial sense to sell my more profitable 3% stake for a less valuable naira amount.

please consider this in your price forecasts erstwhile you'll be praying for prices to again hit lows you gallantly ignored.

Not when you can get 6% of the same coy later

Teeonly:
http://www.nse.com.ng/Financial_NewsDocs/22953_ACADEMY_PRESS_PLC._FINANCIAL_STATEMENTS_JULY_2018.pdf

thank you so much dear.pls which browser are you using?

Chibuking81:

Northern or southern pole?
Your quote is pointing southern pole.
God will not allowed him.

That is your opinion, i made money during his tenure so that is your own prayer, if his coming second time will prosper me again and its God's will, he will come back again.

70kobo journey faster than anticipated
#TeamFidelity/Fcmb

Agbalowomeri:


Not when you can get 6% of the same coy later

I know it's just sarcasm. Whose legs you're pulling is what isn't clear yet.

Rice, Refrigerators, cars, everything has gone up in price, yet Agba wants the valuation of the companies that add these values to plummet in a relatively stable economic climate.

You know in your church mind that the 14 naira Zenith isn't happening. However your 70kobo post on FCMB got me laughing out loud. KEEP up the sarcasm Sir.

awesomeJ:


I know it's just sarcasm. Whose legs you're pulling is what isn't clear yet.

Rice, Refrigerators, cars, everything has gone up in price, yet Agba wants the valuation of the companies that add these values to plummet in a relatively stable economic climate.

You know in your church mind that the 14 naira Zenith isn't happening. However your 70kobo post on FCMB got me laughing out loud. KEEP up the sarcasm Sir.

Kindly bookmark this post. We shall revisit it in Dec/Jan