₦airaland Forum

bigass:
Stocks will go down. Stocks will go down.

This never do well that you wont see when the stocks are down well. Their blood only get hot when stocks are doing badly. Is it your father's money im investing?
To hell with you and your postulations. This month I have invested 2 million by December I add another 2.5million.
Do me a favour go and hug a transformer. Bigass said so.

Madam I like your attitude!

http://thenationonlineng.net/investors-to-start-receiving-direct-cash-payment-january-2/

Will this not make JIJO difficult?

mercylicious:
If we don't see a bull from now to Dec 2, then know that the end is near.

The end of what please?

bigass:
Cheap data is causing problems on this forum

True. But without the cheap data people will keep asking for current prices, bids and offers. Now that most people have it I think it is a blessing.

Tjohn1:
Bros, Oando is on bid o....I guess @Pa Ihedioramma is a prophet afterall
His prediction may come true before the week ends.

Leave them. They are hoping that lightning will strike the same place twice....

I tire oo. Market not responding to the MPC decisions....

Raider76:
I have been observing this since last week. It seems there are many people with large holdings willing to sell or buy only at N5.00. Any time offers are made at N5.00 they are quickly filled. Same as N5.00 bids. I think the situation will only change when one either the bids or offers ran out.

FBNH bids are finally drying out and so price is falling below N5.00

angelo82:
Our market just refuse to move even though Brent is currently 45+......................

Unfortunately people just keep talking down the economy and every government action...

Unity also heading for N1.00. Na wa oo, from N5.00, 80% down for those still holding.

Oando below N6.00 and on full offer as of now...

ihedioramma:
is not must just look the price today and week end look if it is below the price today .

I wonder if Ihedioramma has multiple personalities. Sometimes he makes good sense, while other times it is hard to follow what he says. Just my observation. ONE LOVE!

dadem:
Does anyone have a take on why Fbnh is fighting so hard against going below N5?

I have been observing this since last week. It seems there are many people with large holdings willing to sell or buy only at N5.00. Any time offers are made at N5.00 they are quickly filled. Same as N5.00 bids. I think the situation will only change when one either the bids or offers ran out.

Born2berich:
What did you expect before..... Otedola has succeeded in making enough gains....The current price of FO is not sustainable..... It will fall back to its usual N210 price soon....I will only buy FO when it goes below N160-N170.

They don finish Forbes List and he is now on it. So the price can come down.

netotse:
Nice analysis, especially the bit about PMB inadvertently setting economic agenda.

I trust PMB over the MPC. The MPC always does what the Government wants to do, and not unique to PMB. During SLS when the policy was to defend the Naira at all cost they did it. And just before the elections when politicians and foreign investors wanted more Naira for the dollar they devalued. I am sure if GEJ were still around the dollar would have reached N300 by now. Nah God saved us.

http://nairametrics.com/cbn-instructs-3-banks-to-get-re-capitalized-by-mid-2016/

Wahala go de for these banks since market is not in the mood for IPO.

Please what is the final resolution of Skyebank's N4b TSA fine? Are they paying? I have not seen CBN's reaction to their objection.

I hope I am not being too stupid. I got out of GT at 23.50 (17% up) and entered FBNH at 5.00 with the money.

currentprice:
they emotionally held up at car park at the end . Wapic stuck imanuello jijo money since 1865

Abeg no talk of WAPIC.

locodemy:
Are you sure you will not use speed to JO ?If you are sure of your JI,gudluck i wish you.

I don't know oo. I just hope I will JO with some profit.

Youngzedd:
FBNH


I don JI......

Welcome aboard.

Youngzedd:
I want to see fbnh touch 5 naira today.


Currently 5.04

It is 4.99 now!

mercylicious:
What's wrong with Morgan I trade. Its not opening today.
I made some successful jijo runs yesterday ( after a very long time of being away from jijo land ) and needed to repeat feat today.

Morgan don fall my hand.

Morgan is working for my side.

gbolah4real:
High bids for UBA and TRANSCORP

Looks like market will soon turn bullish. Bids are high everywhere but people are bidding low.

It is shame that Morgan cannot fix the issue of their expired security certificate since yesterday. It does not show them in good light. Clients should be safe on their site.

Manonamission:
Yeah, that was the message I got too with chrome. So I just switched to Mozilla which gave me the option of adding an exception for a trusted site.

I dey market they wait for una

But Mozilla says that may be someone is trying to impersonate the site. Me I am afraid so I did not continue. I hope Morgan will soon resolve the issue.

sophy17:
I think the CBN should look for better and more effective ways to go about these sanctions. Why not sanction the board/ or directors or the persons directly responsible for these breaches rather than sanction a publicly quoted company whose ordinary shares holders become the ultimate losers. As it stands, the big ogas who took this decision will collect all their emoluments, the fine will be paid by the investing public, and the ordinary shares held by them will be battered.

The share holders should sanction the management responsible. Theoretically it is the shareholders who own the company and hired management to run it for them. You of course have many situations where the major shareholders are the ones managing the companies. So with the judicial system that allows high level criminals to always walk away free, financial sanctions are the best way to hit the offenders. These kinds of fines are common internationally recognised practice. They do not preclude criminal charges on the offenders. Somebody who willingly hid N40b of FGN money should clearly answer to the EFCC.

Mopping going on at Continsure...

Oando has become merry go round. It is on full offer again.

Just got my eDividend from Conoil. Nice surprise since I have been unable to sell the shares for weeks now.

mercylicious:
Don't be deceived.
Damage control things.

I agree Sis.

passwelle:
its the currentprice that is attractive

Me I think something fishy is going on. All the activity is going on at the fixed price of 5.99. The next lower bid of 5.51 is not changing. And why are the people selling at 5.99 not offering at higher price all this time since the volume of bids at 5.99 is high?

Agbalowomeri:
I hope some people got into Oando on Friday as called

Oando opening on bid at 5.99. Monkey hunting season.