₦airaland Forum

They raise eyebrow and now they want in at low.. All these spoilers putting offers ehn

Happy Holidays everyone.. like this ftn cocoa taking us into the new year...

Specialist in anything penny!!! I hail your thoughtfulness

Mcy56:
Are you factoring-in the bonus at all?
I want to believe some insiders are already getting their bonuses, hence the sell off that halted the north movement.
I felt they will try and beat the price down thru those selling, then come back to pick again at bargain........this is just my opinion anyway.

Lock down or no lockdown, higher highs must be achieved

Ftn cocoa folks are very greedy people, they want to chop alone...
Just a million for today will do na...

The gears have been rusty.. some oiling was crucial

Mcy56:
I saw purchase of 100k Tantalizer...... Hope the person is not here
Newbies don't go and be buying anyhow stock so you won't get stuck for many years.
Before you buy anyone you're not sure of, just ask first.

Could be slip of fingers .

megawealth01:
FTN is gold sha... The balance I have after getting good profits from sales is still massive

Another possible100 in the horizon �. The sentiments are bullish

When I saw NOI making remarks on behalf of GAVI in trying to price the existing vaccines for poorer countries, Omo, I realised that GSK never dey close and I quickly ported.

locodemy:
Which kind announcement be this?


Sanofi, GSK Covid vaccine to be ready late 2021
Published

My first entrance into the stock market (this year). Mr. Pete scared me out of Neimeith, baba went on to do 300%. From that day, I learnt how to treat Pete matter

Provide security the whole gate will go, same thing going on in PH

The only people I like seeing in town. S/O to Rabiu and Tony. I believe Wike when it comes to hosting guest�

Transcorp Oyeee!!!

TraDeRR:
We don enter hashtag #️⃣ Tony don Dey advertise us.. where are my Transcopeans ?
Dem go hala our name one day !

Make we leave ABCD for now and let tony do him thing.. see y’all next year

Let me be specific with mine so people don't say it's a wild guess. I have been refused account reconciliation on the grounds that I am not seeking to purchase the meters. PHEDC to be precise

Donbrig:
Why are Nigerians wicked to Nigerians? FG heavily subsidised prepaid meters, so that Discos can distribute it free of charge to Nigerians, but here in my region, some disco officials are already making huge sum selling meters. Some of these staffs are still saying they don't have enough prepaid meters, even though they have more than enough meter to distribute freely to many homes in Nigeria.

Why are we so wicked to ourselves and still hope and pray for a better Nigeria?

https://nairametrics.com/2020/11/30/cbn-will-continue-monetary-policy-aimed-at-boosting-stock-market/

A good wait in the horizon

When I can do it for just 4million and help them save cost..

Mcy56:
Lol. FTNCocoa was getting attention before the suspension, we dont know what was driving it then.
I posted one information around that time, cant remember what exactly it was all about. again.
This coy is in agric sector, we dont know what could happen in future ...............but as it is, their financials wasnt okay at all.
..............lets keep eye on it first and be on the lookout for any info that may be beneficial to the coy.............

I think it was because of there were no release of its results since q1 2019, when they did sometime this year for q1 2020, they were improvements YOY, although still in the RED .
With the euphoria of being in the Agric Sector coupled with this government plans for agriculture and all, it just caught up with livestock, okomu, and Presco in the bull run back then. We wait to see more.

Mcy56:
FTN COCOA is back with "RST" Label..............restructuring.............
Suspension lifted...........
For the benefits of shellholders asking............. cc: Jamace
Q3 2020 RESULT:
http://www.nse.com.ng/Financial_NewsDocs/31956_FTN_COCOA_PROCESSORS_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

Interesting

any update on senate with transcorp

GSK back in business...
market aspiring to refire

Bid out weighing offers on most banking stocks

Today will be interesting.. testing testing going on.

...

1. They failed in not activating just one refinery within their first 4 years
2. The gov't has somewhat of an endless leverage in terms of borrowing unlike you.
3. We are feeling the brunt of their mindless politicking.

zimams:
I wouldn't want us to derail this thread. But I'll just like to say that there are many moving parts and every thing has to be taken into context.

If we look at Onion as a staple, where is it grown predominantly? And how has the cost of transporting it to the south affected its price? How has the cost of petrol affect the cost of transportation? How has Nigeria's earnings affected her ability to continue to subsidize the cost of petrol?

What you refer to as 'lenient policies' could lead to slow death... if I assume that continued fuel subsidy is one of those lenient policies.

Back then, we had a finance Minister who was willing to be lenient with her policies knowing fully well that this population was disadvantaged. This time we have people who honestly don't care about how we feel outside the comfort of their palaces. And yes I considered covid19 too, but I doubt if covid is affecting onion price and all those element the local man needs to survive(Not live)

zimams:
The last recession in 2016, these same folks were also in charge... so was it different economics then? Why didnt we feel it then as you think we will feel it now?

We are not as advanced as this AMERICA so they will feel it more but, unlike the last recession we barely noticed(local man was still cruising somehow) this one we will all feel, because of very terrible economics by this current folks in power

zimams:
Lol..
You and Buhari..

The economic fallout of Covid-19 na em Cement the recession following falling Oil prices. Even if na you be President with this combo, we for still enter recession. Even almighty American economy has felt the impact of Covid 19...

Anything 2021 comes with .... we will play..
My people say, 'you dont back out of living your life because there is a chance you could be hit by a stray bullet'..

True, my ogas and madams in the house how was it like navigating such waters. If I could remember banks fared well?!

Danniee:
I never navigate the market during recession, pls direction is needed here on possible market behaviour.

JB Will be a good hold

I did not recommend in anyway

It was just a matter of time with the wave of increase in tarrif

debeey87:
Administration of Stamp Duty on Securities Transactions We refer to the Public Notice in the Business Day Newspaper of Monday, 20 July 2020, captioned ?Clarification of Administration of Stamp Duties in Nigeria? issued by the Federal Inland Revenue Service (FIRS) (A copy is attached as Appendix A for ease of reference). The Public Notice provided, amongst other things, information on dutiable instruments and the applicable flat or ad valorem rates, with Contract Notes1 itemized at an ad valorem rate of 0.08%. As you know, this is at variance with the current rate of 0.075% being administered in the Nigerian Capital Market. To that extent, Dealing Members of The Nigerian Stock Exchange are to note the following: 1. Effective 7 December 2020, the Central Securities Clearing System Plc. (CSCS) will adjust its system to implement the automated deduction of the Stamp Duty rate of 0.08%; 2. Dealing Members are required to immediately engage their software vendors for the required adjustments to their technology applications, to reflect the 0.08% rate ahead of the effective date of 7 December 2020; and 3. Dealing Members are required to communicate the changes above to their clients immediately, ahead of the effective date. Please be guided accordingly.

What do you make of this?

A good day. But certainly in a long run. Happy weekend all

dharpzee:
http://www.nse.com.ng/Financial_NewsDocs/31896_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20TRANSCORP_SAC.pdf

Who came to the market with 2trillion? See volume even with all the red!!

Does this translate to more bulls?https://nairametrics.com/2020/11/12/nipc-grants-tax-holiday-to-honeywell-savannah-sugar-4-others-with-n175-28-billion-investments/