The naira firmed on Wednesday following the expected Nigeria-China Yuan swap deal announced by the central bank of Nigeria (CBN) over the week.

Naira firmed from its position around 322 to 317, as bureau de change (BDC) operators claimed they were already seeing less pressure for dollar demand.

https://www.thecable.ng/naira-stronger-after-china-nigeria-yuan-swap-deal

Coolcash1:


Bad news for @Peterichy...

Thought Peero's instinct said oil will trade at $15...e don reach wen we go chop that your OcToPuS.

sirflav:
The naira firmed on Wednesday following the expected Nigeria-China Yuan swap deal announced by the central bank of Nigeria (CBN) over the week.

Naira firmed from its position around 322 to 317, as bureau de change (BDC) operators claimed they were already seeing less pressure for dollar demand.

https://www.thecable.ng/naira-stronger-after-china-nigeria-yuan-swap-deal

This is why I don't believe Nigerian newspapers too much

I have sold dollars consistently at 320 over the last 3 days

Godisfaithful:
Crude Oil now $45.58...

http://www.bloomberg.com/energy

May be Obama's trip to Saudi Arabia has something to do with it. He may be there to convince the Saudis to drop there demand for Iran to join the oil production freeze. The US also needs the price to rise to help their shell producers. Just my hunch.

NuttyChoky:


This is why I don't believe Nigerian newspapers too much

I have sold dollars consistently at 320 over the last 3 days

So u follow ppl wey no wan make dollar fall abi?

Passwelle, wia u dey?

Notable at today,s close of market
· ZENITHBANK (CP: N11.80; 2.43%) -There were multiple cross trades with total of 8.5m units at avg. of N11.71. Participation involved offshore investors.

· GUARANTY (CP: N16.16; 2.93%) -There were multiple cross trades with total of 7.28m units at avg. of N15.97. Participation involved offshore investors.

follow foreign market participation in the market in the past days from

http://www.nigeriaretailinvestors.com/index.php/forum/nse-market-watch/226-market-watch-nse?start=288#forumtop

I love this forum. The good, the not so good, the bad, the not so bad and the ugly are here. One thing is common to the goal of all, to invest and make money.
This is stock trading, highly risky investment platform, information are key. U only need to filter and follow your instincts on the ones you will take.
In the light of this, it is absolutely unacceptable for anyone to personally attack someones else opinion. You have every right to take it or leave it.

I read with awe those direct attacks on peterichy's opinion. This is a no no guys and it's not funny. Some of the attacks are blasphemous and maligning. Acts like this would even deprive this forum potentially good information for fear of attack on their opinions.
I believe there are no kids here and if there are, it's time for you to grow up. I read about a 24yr old fresh college grad who raised 24millions dollars in fund for investment. He's one of the young people today taking the world by storm.
Please children and opinion-attackers should stay out of this forum.
I hope we will turn a new leaf and focus on the goal of a smart investor we all like to be.

See you all at the top!

*The Eagle * signing in.

Hehehe! crude just hit $46.03.........Peterichy on the run

[quote author=locodemy post=44895502]Hehehe! crude just hit $46.03.........Peterichy on the run

locodemy:
Hehehe! crude just hit $46.03.........Peterichy on the run

The guy would have buried his head in shame...PETERICHY equals prophet of doom..Believe him at your own peril..


The Octopus my foot!

locodemy:
Hehehe! crude just hit $46.03.........Peterichy on the run

Hmmmm!! This Oil price increase is a dead cat bounce!

Better sell and come back in December!

These Foreign Investors buying are just about to lure you in...

*ThE MoNkEy*

has any1 trap lik me in transcorp gottrn dia 1 for 20 bonus?

Hayyee2002:
I love this forum. The good, the not so good, the bad, the not so bad and the ugly are here. One thing is common to the goal of all, to invest and make money.
This is stock trading, highly risky investment platform, information are key. U only need to filter and follow your instincts on the ones you will take.
In the light of this, it is absolutely unacceptable for anyone to personally attack someones else opinion. You have every right to take it or leave it.

I read with awe those direct attacks on peterichy's opinion. This is a no no guys and it's not funny. Some of the attacks are blasphemous and maligning. Acts like this would even deprive this forum potentially good information for fear of attack on their opinions.
I believe there are no kids here and if there are, it's time for you to grow up. I read about a 24yr old fresh college grad who raised 24millions dollars in fund for investment. He's one of the young people today taking the world by storm.
Please children and opinion-attackers should stay out of this forum.
I hope we will turn a new leaf and focus on the goal of a smart investor we all like to be.

See you all at the top!

*The Eagle * signing in.

Well written and I think most people feel the same way as you. However, there is a limit to the amount of bashing the human mind can take and this is just a blowback. I have always ignored him because in truth he serves a purpose (that voice that makes you carry out all the risk assessment you know how to before buying a stock because you don't want to hear it say "I told you so") but he did make it personal by attacking a group of people for the wrong reasons. I was being a Nationalist by giving him smack back to reality...am sure others had their own reasons too.

*The Carpenter*

sirflav:
The naira firmed on Wednesday following the expected Nigeria-China Yuan swap deal announced by the central bank of Nigeria (CBN) over the week.

Naira firmed from its position around 322 to 317, as bureau de change (BDC) operators claimed they were already seeing less pressure for dollar demand.

https://www.thecable.ng/naira-stronger-after-china-nigeria-yuan-swap-deal

According to the Presidency there was no currency swap.

My people..how una dey? Trust u guys r making d dough..dubai sweet no b lie..tanks to Zenith, ucap..wetin dey? UBA looks cool..any oda good stock to watch? Not really been informed lately..biko, BSITL..list good watch we can do DD on..

Plz lets us exhibit greater matury in dealing with other members of dis forum. Informations wud always b trown to u, u av ur full discretion to put dem on scale n pick d best. Lets welcom negative news too for better decision maki mbok.

carpenter:


Well written and I think most people feel the same way as you. However, there is a limit to the amount of bashing the human mind can take and this is just a blowback. I have always ignored him because in truth he serves a purpose (that voice that makes you carry out all the risk assessment you know how to before buying a stock because you don't want to hear it say "I told you so") but he did make it personal by attacking a group of people for the wrong reasons. I was being a Nationalist by giving him smack back to reality...am sure others had their own reasons too.

*The Carpenter*

I see mini bull in taoday's session.

Tigerbrand has made some people millionaires this year o. Making cool cycles while some people joked about the board/name changes instead of following the trend.

feelamong:
Another good day in the Market beckons...

Pay day for Dangote Sugar!

BTW who is monitoring Lifestock feds with me?

Better sell now and come back in December!!

*ThE MoNkEy*

Please has anyone received alert for Dangote Sugar dividend ?

My stock pick: Flourmill @ N19 or less, UACN@N19 or less, Conoil @ N16.50, FCMB @N0.91, FBNH @ N3.30

Serious DD required. I could be terribly wrong.

BMZK:


Please has anyone received alert for Dangote Sugar dividend ?

was about to ask this last nite...yet to get mine..

Infact make I call Veritas Registrars now..

Manonamission:
My stock pick: Flourmill @ N19 or less, UACN@N19 or less, Conoil @ N16.50, FCMB @N0.91, FBNH @ N3.30

Serious DD required. I could be terribly wrong.

Me I will avoid Conoil. I got stuck there for a long time. Also avoid jumping into a stock that is going down. Wait till it shows signs of rebounding.

Manonamission:
My stock pick: Flourmill @ N19 or less, UACN@N19 or less, Conoil @ N16.50, FCMB @N0.91, FBNH @ N3.30

Serious DD required. I could be terribly wrong.

I doubt you can get FCMB @ 0.91 again... Looks like the boat has sailed

I would add Diamond Bank at N1.30k to your list

I had a stockbroking account with one of the suspended stockbroking firms (First Equity Securities Ltd). What happens to investors funds trapped in such firms when SEC suspends their operations?

What process should I follow to move my stock holding from this moribond firm to another broker?

NuttyChoky:


I doubt you can get FCMB @ 0.91 again... Looks like the boat has sailed

I would add Diamond Bank at N1.30k to your list

i strongly believe that skye may be d next fcmb @ this current price of 0.91k when report is out

Today again UNILEVER on full bid no offer

Raider76:


Me I will avoid Conoil. I got stuck there for a long time. Also avoid jumping into a stock that is going down. Wait till it shows signs of rebounding.

What are the signs?

For me, now is the time. Do your DD. You might be right though.

Please has Fidelity Bank paid dividends?
How do i contact their registrar?

NuttyChoky:


I doubt you can get FCMB @ 0.91 again... Looks like the boat has sailed

I would add Diamond Bank at N1.30k to your list

At that price, it's a wish. I'm assuming there might be a slight pull back in few days.