₦airaland Forum

locodemy:
From this day i have decided not to buy a single unit of shares till the price of crude oil is determined.low oil prices means low stock prices.it is better i invest at the end of february and collect dividend in fews days after than to pursue air.

nio68:
restrospective analysis is easy to do... how far a stock would fall is like asking how long is a piece of string. deciding when to jump in is the most difficult part, especially when NSE has a mind of its own. currently both fundamental and technical analysis hardly works..

jp130:
which 1 is dat let me do dd on it?

Chibuking81:
fake price, ok ooo buy more Eterna.

Chibuking81:
manipulation is going on in Eterna, current bid and offer price is just a trap, the next you will see Eterna after their manipulation is at #1. NSE as I observe do have stock pair, GTB and Zenith, Transcorp and Eterna, if GTB fall next to follow is Zenith bank, likewise if Transcorp fall next to follow is Eterna, eterna price can not be more than Transcorp price for more than 2 days.

locodemy:
chai this guy you be ole

Chibuking81:
Is like you have 4% share in Eterna.

Chibuking81:
Dr, how far our Eterna, any hope this December, or have you abandoned them?

angelo82:
Smart move but I think the management of that bank has a way to escape the hammer every time their bank is in a bad situation.............I think buying towards the release of their next result will worth it...............

angelo82:
@Zendi.......How is market with Skye?............... .............I believe Skye will perform the wonders again with their next result and it will move up again and some folks here will start to regret for not buying.................

Raider76:
I think the mistake, which the CBN Gov. also tried to correct, is that reporters report stress tests as showing that a bank which fails the test is already under stress. The test is theoretical. It subjects the banks to some extreme conditions and see how they will fair under those conditions. It doesn't mean a bank is currently under stress. So the caption used by Sahara Reporters clearly gives the wrong impression.

bigass:
If a grasscutter wakes up only to check if there are traps on the way to the farm, one day it will see leaves and trees as trap to the farm.

locodemy:
The way i see this market,it's like this season will never work out our expectations.i have kept #500,000 for over 2 weeks now waiting for a right stock to buy.up till now no one has looked attractive for me to enter.i just want to convert the money from 500,000 to up to 650,000.before december runs out so my question still remain the same.which stock can i make up to 150,000 profit with 500,000 in 2 months time?

zendi:
Spare me the digression but, lest we forget, these Fed Permsecs should be probed at the end of this their interim stint at the helms of their ministries, in the spirit of the anti corruption stance of this admin. Because, I have observed that they were all beginning to manifest rosy cheeks, dress ministerially, and generally resemble ministers these past three months. Somebody should pls bring to the attention of PMB.

tunene66:
No one is forced to buy or sell shares, it's a matter of choice. The truth is many are self induced illiterates on stock matters.
In conclusion, every buyer or seller of shares, shine your eyes

sellydion:
When will these manipulations stop, OandO.

PETERiCHY:
Oil markets will continue to be oversupplied for as long as five years as producers in the Middle East ramp up output, according to Mohammed Al-Shatti, Kuwait’s representative to the Organization of Petroleum Exporting Countries.

Iraq pumped a record 4.4 million barrels a day in June, according to data compiled by Bloomberg. Libyan output, which has declined by more than half due to conflict, can return "at any moment," Al-Shatti said in an interview Saturday in Doha.

Iran has the capacity to boost exports by 500,000 barrels a day within one week of sanctions being lifted and by 1 million a day within six months, Roknoddin Javadi, managing director of state-run National Iranian Oil Co., said last month.

"Lower prices will continue until the glut in the market ends," Al-Shatti said. "Many countries are expected to increase production. Iranian crude is expected to return and that means an increase in production."

Demand isn’t expected to absorb the extra capacity and it will take shifts in supply to affect prices, he said. Al-Shatti said geopolitical disruptions or reduced future output because of the 30 percent fall in capital expenditure by oil companies could cause an increase.

[http://www.bloomberg.com/news/articles/2015-11-07/kuwait-sees-oil-glut-of-up-to-five-years-on-increasing-supply]

angrybull:
Skye bank to pay 4b naira fine

Less than two weeks after it sanctioned two major banks for flouting Federal Government directives on Treasury Single Account, the Central Bank of Nigeria (CBN) has  imposed a fine of N4 billion on Skye Bank for concealing funds belonging to Ministries, Departments and Agencies (MDAs).

http://www.thisdaylive.com/articles/tsa-cbn-fines-skye-bank-n4bn-for-concealing-mdas-funds/225038/

AkinadeDare:
Ha! Opportunity to sell at huge loss? It isn't done that way. No matter how a stock paints itself as opportunity, it is still not an opportunity to sell at loss, due to the uncertainty of the market. The only case that 'could' be opportunity is when a fundamentally strong stock has a very low price. One should even get more units of such stock at cheap price, Not to sell. And if it continually goes down, selling is not ideal. One has to be patient to get more units at extraordinarily cheap price, with the fund one can do without till the long run (to be on the safest side). With this, there will be peace, and not panic or loss.

Elai147:
Maybe you don't know how price manipulation occurs. It happens everywhere even in the US and the UK- so why do you think it doesn't or happen less in naija? How do you think market makers make their profit? Are they 'magas' to just come to the market and perform their primary functions and create liquidity for you and I?
[/i]
You asked why manipulators allowed price to crash in the first place? If price doesn't fall how will they make profit? A case in point: a deep pocket institutional investor or mutual fund starts dumping a stock that it owns and the price begins to fall. This creates herd mentality and other investors join the race and the price continues to fall. When the deep pocket men are satisfied with the price level and that technical indicators are now displaying buy signals which investors are watching out for, they start buying aggressively. Again, herd behaviour sets in and other investors start buying and the price continues to rise. At this point the institutional investor or mutual fund start recording huge profit as price goes up. Some ogas here sometimes advise investors to sell now and buy later at a cheaper price thereby increasing or even doubling their initial units- this is exactly what the deep pocket men did and it is how manipulation can be done legally.

manie:
Latest 9pm, and should be up between 3am and 3.30pm

Chibuking81:
you can still thank him, maybe next week or next month. Manipulation in the Nigeria stock exchange market is killing the business. I believe that it's going to stop very soon.

zendi:
If Peter pushed you into the bush, pls dont confess it for people to hear.
Peter has right to air his chronic pessimism as myjoy has right to his die hard optimism.
You mix both sentiments in your JIJO laboratory and come up with a balanced decision,
or quietely own up to your mistakes and learn from them, as I do in my case.

veecovee:
peterrichy really pushed me to take that decission when he said, it's opportunity for those traped in oando to offload. Now I m loosing hundreds of thousand


please close your mouth a bit PETER

manie:
@ myjoy, good morning you no dey sleep. I guess you are an early bird like me.

angelo82:
.............I don't have a cent in Oando stock but from my own view,I believe the company is just down but not out of business..............The funniest thing is Oando might be APC avenue to invest their loot.....................You are lucky as the stock will definitely reach your peak..................

taiwoliu:
i like dt bolden part