₦airaland Forum

The 50% retracement I am talking of is on recent gains.

pluto09:
Guinness has not sold for more than N100 this year. 50% retracement is still far away.

Guinness has retraced more than 50%

pluto09:
Oga mi sir, do we have any stock with a 50% retracement from their recent high

I am not blaming him for anything and I am sorry if he thinks otherwise. He wasnt even the one that made the post. I just spotted out a false accusation on the post.
Oga Kolaish I mean no disrespect sir .

robobo:
Oga check my epistle on this issue since abt 3 days ago and you would understand where most (not all cos Wale is truely a bad guy) of the bad news is coming from.

you cant blame Oga Kolaish he is only reporting what was in the press and not the author of the news. couple with the fact that he lost a sizable sum of money to Wales shananigan you would understand where he is coming from and why he decide not to touch Oando with a long pole

i lost considerable fortune to Wale shananigan and megalomaniac also, i am only able to look at oando dispassionately now because i had moved on (was very bitter before now also) and see if i can profit from his shananigan (a la jijo) instead of holding the bitterness against someone who doesn't know i exist.

so dont blame oga kolaish (you cant know how the shoe pinches until u wear it no matter the level of description given to you)

best of luck sir!

kolaish:
Oga, stop deceiving yourself, is it only Oando that is in the NSE, today trouble, tomorrow wahala. Even if Oando is N2 today I will not touch it.

Your report said that "Oando has been cooking it's books for the past 6 years claiming it is making profits while it was swimming in debts".
Pls sir, when and where did Oando publish it has been making profits for the past 6 yrs. Oando that we know published a loss of N184bn in 2014, N38.58bn in H1 2015, several more billion losses in H2 2015 contrary to your report.
Oando just turned profitable last year with a PAT of N3.5bn. This year's H1 PAT of N4.6bn has already dwarfed last year's total PAT. With the way things are going Oando is leaving the abyss.
I am not a fan if Wale but you bloggers has been lying against him too.
Everybody is looking for bad thing to publish about Oando inorder to buy cheaper and position for the future now Oando has turned profitable.

boldwet:
http://independent.ng/oando-shareholders-set-sack-wale-tinubu-board/

This is a game of Lies and Deceit.
Believe absolutely Nothing!

Because there have not been enough demand to clear out the outstanding offers at the current Sp

theVision:
please i ask dis question with all humility, why has a stock like lasaco not moved in price for years even though it reports earnings like other share, has an ok p/e ratio and ocasionally has thousands of volume?

I don't understand the logic behind this Oando issue now on this thread!
Why are you guys predicting doom for Oando now things may be turning for the better

Wale n Co management thuggery has been like a cancer in Oando which has resulted in a collapse of oando's share price for some years now.
But things may turn due to the petition to SEC by some foreign investors that may likely pull out Wale and co (the cancer) out of Oando.
If this happens a new mgt will take over and that alone will attract investors.
I dont see any harm on the SP now because those foreign investors will never pull out their money now when isec has taken the matter seriously. They will look forward to working with a new mgt in positioning the company towards reaping the potentials that made them buy into the company. The war is between investors vs mgt. And seems investors are on the attack with the help of isec.

I see Oando as a good buy if an interim board is announced.
This is my opinion sha.

Coolcash1:
Oando is a scam! Everybody knows this but nobody is doing anything about it....I pity those in it for long term.

Finally Wale may be going with all the negativity he brought to Oando. You should be glad and not the other way round.
Oando is always on the news for the bad reasons
Wale and co needs to go for the company to retake investors trust

Tritri:
Kai it shdnt av been now ooh. OANDO U've destroy my heart. What do i tell my brothers who's money is inside oando shares..i hope reconstruction woun't be mentioned .na die be dat ooh.my BP is going high...


cadno At this moment ..LOCODEMY BETTER PASS ME.

PETERICHY WILL BE HERE SOON

The order was made on the 17th. Meaning the market must have reacted to it by now. I dont see much fuss if really the order was made on the 17th.

I maybe wrong though.

Maybe some people withheld the news from the public inorder to exit before the panic it may cause.

Or maybe some people dug up the news now inorder to crash the price and buy cheaper.

I favour the latter though, it is more likely.

Tritri:
mogbe....Nobody needs to tell me..i dan enter 1 chance...@cadno time for u to average down...i really pity us. Sub 3 ke lai lai...not possible...maybe 5.50



Court orders seizure of Oando’s oil rigs over N4.7bn debt
— 24th August 2017
A Federal High Court sitting in Port Harcourt, Rivers State, has ordered the arrest and detention of three crude oil drilling rigs belonging to Oando Energy Services Limited (also known as OES Energy Services Limited) over debts of $15,399,524.84 (equivalent of N4.7 billion) and N14,169,164.80.
The arrest and detention order for the three drilling rigs named OES Teamwork, OES Integrity and OES Passion was made by the court’s Vacation Judge, Justice J. K. Omotosho on[b] August 17, 2017.
The court order was made consequent upon suit number FHC/PH/CS/102/2017 filed by oil and gas logistics services firm, INTELS Nigeria Limited against the three drilling rigs as 1st to 3rd Defendants; Oando Energy Services Limited, Oando Marketing Plc and Oando Plc as 4th to 6th Defendants respectively.
The court ordered the three drilling rigs, moored at the Federal Ocean Terminal (FOT), Onne Port Complex in Onne, Rivers State, to be detained pending the provision of a sufficient and acceptable bank guarantee from either the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTB), Zenith Bank Plc (ZBN) or First Bank of Nigeria Plc (FBN) by the defendants to cover the debt of $15,399,524.84 and N14,169,164.80.
The amount is owed by Oando Energy Services Limited for general port and facilities services provided at the port for the three rigs over an extended period of time.
Justice Omotosho fixed further hearing in the matter for August 30, 2017. [/b]

how is axa mansard a derivative equity?? does its value depend on GT share value?
we need to be censoring post here!!!!!
someone will just wake up one morning and dump anything here to scatter innocent brains.
I mean no disrespect sha. hope you dont find any

Nairaruky:
My view on Nigeria equity market,I observed the following
Most of the derivative equities are bearish
An example of derivative equity is AX Mansard
The parent company was GT bank
Same GT bank gave birth to ARM
The collapsed in the share price of Mansard Is telling on the unintelligent investors that invested in ARM mutual funds
The implication of this is that there is an established conspiracy between ARM and Ax mansard
In few weeks, the share price of mansard will crash to 0.85k, the mutual funds product of ARM will loose at least 15% in value as they plan to pay a meagre dividend of 0.01%
The lesson here is to avoid derivatives of derivatives shared.They cannot offer you a capital gain nor guarantee you a cash inflow .
Derivative shares are for myopic investors why mutual funds are for the financially unintelligent.
The good shares offer both capital gain and cash inflow for investors.
Good example....dangote cement,GT bank, international brewery,okomu, presco, etc
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Shallom

What about gas cylinder that has the burner attached to it like in students style. Is it safer?

plz how did yours happen? What exactly caused it?

skyface00:
Hmmmm mine is just 2months today, just lucky to be alive, the pains and having to be in just a spot for weeks, months without moving.... one cant just be too careful, please make sure your sylinder always outside your kitchen....

I wonder how institutional traders survive in this stingy penny penny NSE

wow! they may repeat the same feat in livestock

emmanuelewumi:
Stanbic Asset management bought into Presco when it was selling for about N5.00 and less, they sold their holdings when it was about N30

God bless you

OBAGADAFFI:
Always check stock brokers site for Alert.

https://leadtraderng.com/index.php?page=guest.ResearchOverview

http://forthtrader.com/TradeBook/HomePage click on news.

https://leadtraderng.com/index.php?page=guest.SecurityOverview

wicked people

heard from where
carry us along na!!

OBAGADAFFI:
I heard UACN is offloading her stake in LIVESTOCK to another Investor.

sir,how did yu this info,sir?
how can I get such info when released?

OBAGADAFFI:
A TOTAL OF 100,000,000 UNITS OF LIVESTOCK FEEDS PLC WERE DONE AS AN OFF-MARKET TRADE TODAY AT N1.00 IN ONE DEAL. THE DEAL WAS A NEGOTIATED CROSS DEAL BETWEEN STANBIC IBTC STOCK BROKERS LTD (BUYER) AND CSL STOCKBROKERS LTD (SELLER).

I dey tel yu

sellydion:
Barging hunters are still waiting for it @ N0.80 and the other musketeers( FidelitY and DiamonD)

fear of a potential bear

OBAGADAFFI:
Why i didn't load more FCMB @N1.11 is a mystery to me.

markets makers sir

jinnyz:
pls for those of us that are new what is MM?

yezzzur!!

OakPearl:
Solution:
Study the trend {MM's (mis)behaviour} and use it to your advantage. QED

why do MM always drag some opening prices far lower than the previous day's close?
even far below the previous day's average price.
nawa o for this NSE o

ici c'est NSE

I humble!!!

fxuser:
lollxxx
we only wish for more liquidity

whats happpening in AIICO?

ok sir

fxuser:
No
Was hoping for further pull back to buy more !

you don dey sell abi

fxuser:
Zenith
mark down today ??

morgan should behave na!!!

dont let fear of the bear you havent seen prevent you from missing out of the current oppurtunities

don't really like this dealdey stuff. Get it to Lagos and I will pay on delivery. '(

ezex:
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