phoinix:


Thanks

Funny man.

Please use that money and UBA northwards.

Mspwety1:

I hope this is a joke? otherwise I will call this childish bravado.
Pls. also move Dangcem, MTNN & SEPLAT!!

Ms, there's always a first time and sometimes we feel excited about it, don't think it's necessarily because of the money involved, he's just excited I blvd.

Justcul:


Check well my dear, you sold your shares

Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

phoinix:


Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

Enjoy it my dear, i celebrate you..

phoinix:
Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

phoinix:


Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

There is nothing extraordinary about it.

Na just normal trade.

robobo:

My Oga na my prayer be dat ooooooo

because wen d wahala come wether u eat oooo or u no eat ooooo u must contribute to d solution no matter hw smart u think u are

so make i kuku chop overful and carry some spare for head and pocket so dat wen the wahala come i go still get something to donate to the solution without injuring mysef with hunger

RabbiDoracle:


There is nothing extraordinary about it.

Na just normal trade.

I beg to differ joo, has any of your trades determined the closing price before? Mine has and it is awesome.

Tomorrow when you busy on the FCMB charts remember that todays closing price is me.

RabbiDoracle:


There is nothing extraordinary about it.

Na just normal trade.

Well he claims to have acheived his target... whatever that is whether his target is ordinary or extraordinary, na another case be that. . Everyone must find a reason to be happy even if its an irrational one

phoinix:


I beg to differ joo, has any of your trades determined the closing price before? Mine has and it is awesome.

Tomorrow when you busy on the FCMB charts remember that todays closing price is me.

Ekuu closing

Mcy56:

Ms, there's always a first time and sometimes we feel excited about it, don't think it's necessarily because of the money involved, he's just excited I blvd.

Yea

You get it

Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

phoinix:


Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

Na this kin thing dey weak me......

BrokerHaruna:
Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

Just stay in the good ones with the least issues. Not more than 4 of them. No need to panic at all. It is very well.

BrokerHaruna:
Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

Based on analysis, I don't think this would be true.
Maybe a bit bearing, but would pick up soon.

The cap. of some banks are still high to go under.
If banks go, then future of other industries cannot be ascertained.

#LetsWatch sha

phoinix:


I beg to differ joo, has any of your trades determined the closing price before? Mine has and it is awesome.

Tomorrow when you busy on the FCMB charts remember that todays closing price is me.

phoinix:


Sorry, I meant sold. I don't know why this Ogas sour. I did something extraordinary and they bent on shooting me down.

I like this man a lot. He is Trump-like . He is in his own world and he believes in himself.
See. The move filled up two pages already - in the midst of this 'silence' o
Like Trump, the situation makes a very good comedy.

I run.

BrokerHaruna:
Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

I don't see this situation playing out. I don't think one quarter issues will kill the banks.
However, if it plays out I will be happy. We will be waiting for the 'serious bears' near the bottom - another wealth transfer on a platter of gold.

BrokerHaruna:
Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

FX gains will certainly come to their rescue. Don't be too sure of bad results.
Also, take note that the expected bad results might have been priced in already.
In all, I expect FBNH in particular to deliver better result than last year irrespective of the covid situation.
NOT A BUY OR SELL RECOMMENDATION.

BrokerHaruna:
Serious bears will descend on the banks. Covid seriously affected their earnings (re-low transactions). The dumpings will soon start. As it is, no bank should be judged on the basis of their old performance. These are unusual times! If care is not taken, some may even go under. SAD

You MAY be right

But I'll say this

I'll wager anytime that no Tier 1 bank is going under this cycle


Take that to the bank

onegentleguy:


Relieve ur nerves bro !!
...I think he was just trying to catch some fun.
That said, I understand ur concern though.

Btw, @ phoinix pls be reminded that FCMB didn't close the day @ that N1.89 just because of u or ur trade.
There are rules guiding how assets/securities in the NSE are made to reflect on the daily trade book including their CLOSING PRICE(S).
The WAvgV is just one of them and going by that, the coy should've closed the day @ N1.90(FCMB traded/exchanged more hands @ that price)... but it didn't for other reasons.
The MM folks(both pri & sec) also play a part in determining closing prices, so if the coy had closed @ that price peg then u should(going by estimates) consider it as the result of laid out conventional rules and not just ur 'making or power'

I like the fact that ur excited though... u must be a very funny fellow !!

Regards

I always wonder why some people like to show-off a lot, all these pedantries dey tire me.

The 100k rule is simple. 100k or more shares in a single trade moves the market. The last 100k or more share traded at once, sets the days closure, except in very rare cases. **max upward price limit 10.25% and downward limit 9.75%.**

Whether d 100k was traded by a retail investor, cooperation or market maker is irrelevant. It is dis simple, there is no big grammer involved.

This is my simple observation.

Regards

I never knew we have a market make in the house.

Search for "NSE reviews rules on pricing methodology" it is all there. I would have posted the link here but d spam bot is on d beat.

I don't make d rules bro.

And also "Reviced NSE market structure".

I am out.

What is really going on here , ah

Josh121:
What is really going on here , ah

It's simple, we have a market mover!

Stock with new 52 week lows
Arbico #1.54k

phoinix:
Search for "NSE reviews rules on pricing methodology" it is all there. I would have posted the link here but d spam bot is on d beat.

I don't make d rules bro.

NO COMMENT

OBAGADAFFI:


NO COMMENT

I hope this is not just sour grapes.

I though market closed 2:30 pm.

phoinix:


I beg to differ joo, has any of your trades determined the closing price before? Mine has and it is awesome.

Tomorrow when you busy on the FCMB charts remember that todays closing price is me.

Haaaa oga, u never sabi somerlthing ooo if you do u will not be asking my GOC, if his trade has determined closing price before. Even my little brother trades will deternine the closing price of zenith not to talk of Rabbi trades. Fear God nah！

aremso:


Haaaa oga, u never sabi somerlthing ooo if you do u will not be asking my GOC, if his trade has determined closing price before. Even my little brother trades will deternine the closing price of zenith not to talk of Rabbi trades. Fear God nah！

Na only naira 500k I use do am nah, I no try?

OBAGADAFFI:


NO COMMENT

It's coming to my usual bustop soon

phoinix:


I hope this is not just sour grapes.

I though market closed 2:30 pm.

Is it no longer 2.20pm?