₦airaland Forum

mercylicious:
Ive benefited from that scam severally.i just missed this last one.
The early we learn how to allign with these "scammers", the better.

megainvest:
Seconded. In other words, learn to swim with the sharks.

Coolcash1:
I don't swim with sharks but Whales...

mercylicious:
Ive benefited from that scam severally.i just missed this last one.
The early we learn how to allign with these "scammers", the better.

willyede:
i they follow you bumper to bumper on this one

gift01:
Anyone looking at Honeywell?

bigjay01:
aka analysis paralysis

rebekah2011:
If anyone will do anything bank, Pls restrict it to Zenith and GTbank. Others do not have huge reserves to take impairments in loans losses.

Mfunkynation:
just got across to morgan...... damn it Morgan itrade is completely down ooooooo

Chibuking81:
Please join me to praise God as I celebrate my birthday today been 4th February 2016, I love you all.

megainvest:
God is the source of my wealth and the stock market is my vehicle - Megainvest

feelamong:
In the US Amazon posted profits....their first profits in recent times and shareholders dumped the shares..

its a matter of what the market is expecting......the market expected, a loss but saw much lower loss so the investors were happy

stokfrick:
U have a good pt, BT over carefulness is wt made me miss zenith and cadbury while good risk takers were busy making money, mind you fundamentals HV just little effect on NSE. D more u look d less u see eg flour mill wt bad 3 months result

megainvest:
https://fr.cdn.v5.futura-sciences.com/builds/images/rte/RTEmagicC_40518_Bolt-et-les-autres_SeizureDog-wiki-cc-by-20_01_txdam31350_9dd4e4.jpg


Zenith Bank! Zenith Bank!! Zenith Bank!!!

Mfunkynation:
boss, how i wish i was loaded to get enuf at d low price..... first tyme am lookin at a sumptous dividend since i came into NSE... it is better to trade on ur own and see the market...

bolabiyi:
you don't av to stay long on it to make modest gain..its about d right pricing..wen it bottoms out...

EDUECO:
@Manonamission
[Source of this write up below is http://venturesafrica.com/the-10-nigerian-banks-with-the-greatest-exposure-to-the-oil-crisis/ ]
According to a report by Punch, the following banks have the greatest exposure to oil sector.
1. Nigeria’s oldest bank, First Bank by 40 percent.
2. Nigeria’s largest lender by market value, Guaranty Trust Bank Plc by 28 percent.
3. Top tier lender, Fidelity Bank by 28 percent.
4. Nigerian lender, Skye Bank by 27 percent.
5. Nigeria’s fourth largest bank, Access Bank Plc by 25 percent.
6. Top tier lender, Diamond Bank by 25 percent.
7. Nigeria’s biggest bank by asset, Zenith bank Plc by 18 percent.
8. EcoBank Nigeria by 18 percent.
9. United Bank for Africa (UBA) by 16 percent.
10. First City Monument Bank (FCMB) by 14 percent.

nairaimporter:
From my experience following this thread, I know that when I see a post in which the person gleefully asks other people to sell their oando/fcmb/and all the nonsense insurance stocks so that they can buy it because they know that the stock price will appreciate or their "company" wants to acquire more percentage of the stock...........


I know that
1. the person dosent know what he/she is saying

2. The said stock will continue to fall into the abyss

3. Don't ever listen to them

P.S pls make sure to offload said stock

IHelp:
I always remember this quote..... "when they get fearful get greedy and when they get greedy get fearful".

What works for one might not work for another.

Dragonking:
Where d pirated copy dey? I never see am since.

9free:
Any insider news on Diamond Bank?
@myjoy

ahnie:
Goodmarwin@my ogas@the top...i dont understand any terms here...but pls i want to dispose some of my husbands shares he bot wit union n U.b.a banks sinc 2006...pls how do i go abt it.i hav the certificates.

bigass:
Mr Ayoleke Adu has resigned as the 'ceo' of morgan capital to take up National assignment.

mercylicious:
zenith, access, fb and most bank stocks are on full offer.

whts going on in cadbury? its jumping.

Justcul:
@Godisfaithfull, Angelo82, Born2brich, Agbawom, zendi, manie and all; please when exactly are we expecting Skye bank's year end result

Just want to know so that i won't Jump out at the wronge time

mercylicious:
profit warning on curteville
http://www.nse.com.ng/Financial_NewsDocs/11957_COURTEVILLE_-__PROFIT_WARNING__CORPORATE_ACTIONS_JANUARY_2016.pdf

Godisfaithful:
I guess this is what we should expect tomorrow concerning the outcome of MPC meetings...lol

toluwahala:
what's the price now for elephant? what's your guys target price?

rychard:
MPC will keep rates the same, reduction could have been better to stimulate the economy, but they won't due to inflation, so there is a better chance of rates rising, CRR will also stay the same or they may create a window for banks to access them or reduce it. But what's going to take the pick is the devaluation of the naira.
Well, once this happens the market will experience some slide for a while. Then a small boost , during the slide (say a month after ).
Don't go in during any of these periods, the jump in ASI won't last, it declines a bit, then maintains a stable growth, go in @the second decline. Cherry pick your stocks... Focus on cement, fmcg, power and energy, and oil/gas downstream.

Chibuking81:
http://www.ngrguardiannews.com/2016/01/global-stocks-crash-to-record-low-on-falling-oil-prices/ All share index, capitalisation on Nigerian Stock
Exchange defy trend
THE global financial market was in turmoil
yesterday, with world stocks sinking to their
lowest levels since 2013, hit by another tumble in
oil prices to 13-year low. Anxieties actually ruled
the waves as the equities were set for one of their
worst monthly performances ever.
Indeed, the MSCI World equity index fell by 1.3
per cent to its lowest level since July 2013, and
the index’s fall so far in January is already 9.9
per cent, the biggest drop since 2009.
There have been steeper monthly drops only six
times in the index’s 28-year history, three of
which occurred during the financial crisis of
2008/2009.
But the situation in Nigeria presented a different
scenario, as market capitalization appreciated by
3.8 per cent to N301 billion yesterday.All share
index also went up by 3.9 per cent to 878.69
points.
Analysts explained that with depreciating money
market instruments, investors opted to invest in
equities, to help the fundamentals on the
Nigerian Stock Exchange, which had been sliding,
to rebound. U.S. crude wallowed at its lowest
since 2003 after the world’s energy watchdog
warned the market could “drown in oversupply”.
U.S. futures shed 2.9 per cent to $27.63 while
Brent crude lost 2.1 per cent, having slipped
below $28 earlier in the session.
European shares touched their lowest level since
October 2014, following losses in U.S and Asian
stock markets, as the relentless slump in oil
prices continued to drag on risk assets.
The FTSEurofirst 300 also fell by 2.8 per cent, set
for its biggest single session loss of an already
turbulent 2016.
Germany’s DAX, France’s CAC and Britain’s FTSE
were all down by around three per cent and also
set for their biggest fall of the year so far.
Oil shares in Europe are down 13 per cent
already this year, also at their lowest levels since
2003. That has been a major weight on the
FTSEurofirst 300, which is down around 10 per
cent in 2016, which investors see as “correction”
territory.U.S. stock futures were down 1.8 per
cent yesterday, after Wall Street had seen its
early gains on Tuesday erased by the tumble in
U.S. crude.
The safe-haven yen however soared yesterday, as
risk appetite soured, dragging the dollar to a one-
year low, as investors trimmed the chances of
more tightening by the Federal Reserve.Demand
for German Bunds, another safe-haven asset, was
also high, and the 10-year Bund yield fell to its
lowest level since May ahead of a European
Central Bank policy meeting tomorrow.
While the dollar fell against the yen, it was strong
against emerging markets, compounding the
misery for many countries already suffering from
low oil prices.
Top emerging market shares fell 2.8 per cent to a
six and a half year low, while EM currencies
were crushed. Russia’s rouble hit a new record
low of 80.295 to the dollar.In Asia, stocks
surrendered all of Tuesday’s rare gains with
MSCI’s broadest index of Asia-Pacific shares
outside Japan falling 2.9 per cent on the day and
hitting its lowest since October 2011.
The Hong Kong stock market’s benchmark index
posted its single biggest daily fall since early
August, while Japan’s Nikkei closed down 3.7 per
cent.
Chinese markets fared only marginally better
amid mounting talk that more stimulus may be
on the way, possibly before the Lunar New Year
holidays in early February.The CSI300 index fell
1.5 per cent, after rallying more than three per
cent on Tuesday. The Shanghai Composite Index
eased one per cent.

Tritri:
Wish i had bought zenith as of last week.But was hoping it drop to 8 naira/ per...am scared to jump in now.I guess i should pray for it to go down...I would av made a kill if i drop 20M on the market now regreting but still hoping it drops again.

Godisfaithful:
Bull Trap or Real Bull? Bull is BULL