₦airaland Forum

cassimere:
Then it encountered the Fulani herdsmen and headed back south.

True, too many herdsmen and even boko haram in the pathway of oil really.

Agbalowomeri:
Oil is headed home to Niger delta

At least for today, it was headed north to abuja for our economic independence.

Agbalowomeri:
Match go where?

march na march. wether na independence parade march sef.

Crude Oil on the march, following v dangerous military escalation in Syria. ,,,,,,abeg leave oando and seplat for we wey get kidney o .

(corrected)

mercylicious:
http://mobile.reuters.com/article/newsOne/idUSKCN0RR0YY20150927

How will this go?

Any rship between sabmiller and international breweries?

Might be positive for international breweries. According to google, sabmiller are the controlling investors and managers in international breweries, and this merger, if it goes thro, will make international breweries part of a bigger, more colossal global group.

Note, nothing in this post is a suggestion to buy or sell any stock.

Laughing at the bear. Faith over fear. It is well.

myjoy08:
Sir, the Ministerial List anticipation is very high when it comes to name. People will be mostly shock to see the change Nigerians are glamouring for

Yes, great curiosity, both within and outside the country, to see the calibre of people to drive the change agenda.

mercylicious:
If you see a bullish day click like
If you think today will be bearish click share

Which way for the market?
Treasury Single Account (TSA) - down.
Ministerial List anticipation/euphoria - up.
Speculation is tough.

Oando results are the last great expectations, good or bad.

hbrednic:
BID volume increasing on UBA

UBA volumes can swing to any side in a twinkle of an eye.
But its half year result is over due.

Elai147:
Wia dat BiTL wey dey shout... buy costain now or regret it (dat time wen the tin dey around N1.00)...How far?

His name na primetech. i wonder if 'im manage dump 'im monkeys. if not, make 'im turn them to pepper soup.

When the stricken elephant bleeds, lesser creatures pass out.
Waiting for fidelity at kilometer 70k.

angelo82:
The only fear is the elephant.........I need that FBNH to move small to 8 so that Access and UBA will continue to move...........If FBNH is not moving then this bull might be a minibull.............

Exactly. Access wanted to race off this morning but on seeing the elephant descending, its heart failed it. In fact, market psychology is expecting the elephant to slump below 6 anytime from now, crushing everything around it.

Nobody here is talking of mbenefit. Its half yr PAT is bigger than our full yr expectation from wemabank.
I think many have chosen to take insurance results with a pinch of salt.

http://www.nse.com.ng/Financial_NewsDocs/10741_ACCESS_BANK_-_HALF-YEAR_JUNE_2015_FINANCIAL_STATEMENTS_AUGUST_2015.pdf

Interim dividend or not, this result is superb and thoroughly beats expectation quarter to quarter.

Cheers all

http://www.nse.com.ng/Financial_NewsDocs/10730_GUARANTY_TRUST_-_HALF-YR_JUNE_2015_FINANCIAL_STATEMENTS_AUGUST_2015.pdf

9free:
FBNH. In fact, no bank(Excluding GTB and Stanbic) moves except FBNH moves.

Hmm, my brother, even those ones, including zenith, loose their courage and start backtracking when they glance back and see that others are not following. If not so, Gtb would have been selling above 30 by now. So the elephant is directly and indirectly depressing the sector, and by extension the entire market, since the market is beholden to the banks sector. Anybody who doesn't know this is behind the times.

bigass:
fbnh 2.11 exit price target 17.81
ubcap 0.51 exit price target 3.81
zenith 7.11 exit price target 42.11
GTB 10.11 exit price target 37.11
Access 1.51 exit price target 15.11

THIS IS MORE LIKE IT

You mean he was not greedy enough in his jijo ambitions.
Sarcasm on point.

Agbalowomeri:
Crude oil still digging deep! ISIS abeg blow some pipelines

But, may people in the know kindly explain, regarding this oando hedging thing. Does it mean some customers are committed to lift their products at $65 for the hedge period regardless of how low crude oil digs?
Pls note I'm not an oando fanatic. I have only recently taken some token position, just to see how things pan out around this August.

Michael11stock:
What do you know abeg go sleep

The message of my post is that whereas oando had failed to blast off in price contrary to our expectations since closure of cop deal, it might not be a bad idea to take position now, at present price, now that expectation of the result(s) is in the air, in case some surprising numbers should appear. After all besides crude oil, oando is the largest independent importer of petroleum products and must have benefited maximally from the recent heavy FG subsidy payouts. I did not, however, mean to coax you, or any, to buy.

Born2berich:
Lol. Just like how proshare said about 2 months ago that the stock is ready to fly. Since then it dropped from N19 to N12. God dey.

#jokeoftheyear

"Lion don come ooo" ......na lie!
"Lion don come ooo" ......na lie!
Then one day, "Lion don come ooo" ......na true!
But some refused to run, and.....

We are aware of crude oil crash and huge debts.
But we're yet to view an oando result - good or bad - with cop assets.
Maybe this August is the moment of truth.

(modified)

mercylicious:
I exited half of my transcorp at 2.85
I wanted to pull d remaining half at 2.88 but offer don plenty even at 2.76.
Let us see how tomorrow will be.

You can still sell the remaining at 2:85.
There are people mopping.

There may be heavy profit taking today as 30 percenters exit.
But transcorp bull was refired yesterday as investors took this as Buhari's endorsement of power sector privatizations.
http://businessdayonline.com/2015/08/buhari-grants-guarantee-for-azuras-500mw-project/#.VcLutnFViko

zendi:
What I call this is Dangcem Bull. Bullish news coming out of dangcem lately-impressive half year result, the Zambian ceremonies and now the announcement of plan for multiplied capacity of the Zambian operation-all are keeping dangcem stock upbeat. And we know the impact of dangcem on the ASI because of it's heavy capitalization. Dangcem could keep the bull lingering to Zenith/GTB/UBA results effect which could pass the bull on to Ministerial List effect and so on and on and on. All in my speculator's imagination only.

Interlaced, of course, with intermittent profit taking.

I had hoped fbnh would close back above 7 today. Abi Rencap neva load finish?
Those people learnt well from ucheson's text book. "Go and sell your elephant".
And Mr Fickle Market promptly obeyed.

What I call this is Dangcem Bull. Bullish news coming out of dangcem lately-impressive half year result, the Zambian ceremonies and now the announcement of plan for multiplied capacity of the Zambian operation-all are keeping dangcem stock upbeat. And we know the impact of dangcem on the ASI because of it's heavy capitalization. Dangcem could keep the bull lingering to Zenith/GTB/UBA results effect which could pass the bull on to Ministerial List effect and so on and on and on. All in my speculator's imagination only.

Kagame:
Zendi this one na bull ??

you gain 4% today and loose 6% tomorrow...you better pick race oh

Well, Pesin wey rain don hammer well well dey celebrate any little sunshine.
Bull dey wax strong on the third day and you dey ask weather na bull.
Make BnsiTl no go miss their testimonies bicos of analysis paralysis o.

Help! I'm trapped by bulls....

Myjoy08, abeg where UBA result now? I have concluded that they send these results to your desk first, perharps for vetting, b4 relay to the NSE and the general public. And thro you, the nsempa community gets the preview. You're a great asset to us here.

doublesugar:
What is happening to all the banks stocks, they are the worst hit by the bear today.

It was Rencap effect. Today was Rencap bear, a bear within the bear. Rencap crashed fbnh and the elephant dragged others down with it. The sight of fbnh dropping below 7 sent panic across the sector and sent an already beleaguered market tumbling.

Fidelity, fidelity, fidelity, and fidelity.
Go out monday and sell ur fidelity.
My Company wants 3% of fidelity.
You'll see a trailer marked 'fidelity' .

International crude oil don crash.
Nigerian money, naira, don crash.
Men in Black portfolio don crash.
Market sef be like e wan crash.

Drop your fidelity inside the trailer.
Drop your bank details in the trailer.
Call no on the body of the trailer.
Wait 4 ur alert, we own the trailer