nio68:


Bros e no good o..u didn't tell your Wema followers to exit when you did..

sorry, I didn't even wish to sell today, I was shocked around 2.20pm yesterday, when over 30m bid at .67k was filled...I quickly pulled my trigger to sale at .65k. Some days are like this, pls forgive me

It time to look for divergence.

Stock that is good to buy that do not follow market down

sellydion:
It time to look for divergence.
Stock that is good to buy that do not follow market down

JB

Party is over for May and Baker. Very happy for those that just sat down tight in the bus refusing to at least shift for others, over 350% in this recession....

Chaiii! very sorry for those who trapped in various sectors. Calm down, it'll soon be over. I suspect this etisalat issue

Princkez:
May & baker fuel has finished...it really tried

Their plane don crash... It has descended to 22,000 ft above sea level, by tomorrow it will shade another 10,000.......

The way most people flow price fluctuations in this stock market, they might end up having HBP. Enter @ a good price and walk away. Sell once you hit TP, unless it is for long term 2-5 years.

nio68:


Bros e no good o..u didn't tell your Wema followers to exit when you did..

But it was clearly stated here by intendy and locodemy. I even exited the day before yesterday, then it went on full bid. Now on full offer.
Don't worry it will still get to 0.8 Just a temporary pull back.

Global stock markets slide on oil price slump
Olusola Babarinsa / 19 minutes ago


European stocks sank on Wednesday, after losses in Asia and on Wall Street, as the energy sector took a beating from an oil price slump.

Crude prices were lower again, after diving more than two percent on Tuesday on increasing fears of a global supply glut, as continued production in the US and elsewhere offsets an OPEC output cut deal.

“Cheap oil is taking its toll on the global equity markets,” noted analyst Ipek Ozkardeskaya at trading firm London Capital Group.

Crude prices are considered crucial to the smooth running of world financial markets because the commodity oils the wheels of the global economy.

By midday, the London stock market had shed 0.4 percent, while Frankfurt fell 0.5 percent and Paris wiped out 0.8 percent in value compared with the close on Tuesday.

“European equities are in the red… as the slump in the price of oil continues to weigh on market sentiment,” said analyst David Madden at CMC Markets.

“The other fear about falling oil prices is declining inflation, as it can hamper growth prospects.”

New York oil on Tuesday hit a seven-month low at $42.75 per barrel, and London Brent crude struck a similar nadir at $45.42.

Prices later recovered somewhat but remained on a downward trend on Wednesday.

The oil slump saw energy firms drag down Wall Street on Tuesday.

The selloff continued in Asia, with Tokyo down 0.5 percent, Hong Kong losing 0.6 percent and Sydney sinking 1.6 percent.

Shanghai bucked the trend to end up 0.5 percent after the US-based MSCI finally approved Chinese mainland-listed stocks, or A-shares, for inclusion in its emerging markets index.

Elsewhere Wednesday, investors digested British Queen Elizabeth II’s speech to parliament focused heavily on the UK’s Brexit plans.

British Prime Minister Theresa May presented eight draft laws to take Britain out of the European Union in a legislative programme read out by the queen.

The laws include the “Great Repeal Bill” to overhaul existing EU legislation and separate bills on customs, trade, immigration, fisheries and agriculture.

– Key figures around 1100 GMT –
London – FTSE 100: DOWN 0.4 percent at 7,439.54 points

Paris – CAC 40: DOWN 0.8 percent at 5,251.96

Frankfurt – DAX 30: DOWN 0.5 percent at 12,747.27

EURO STOXX 50: DOWN 0.6 percent at 3,539.87

Tokyo – Nikkei 225: DOWN 0.5 percent at 20,138.79 (close)

Hong Kong – Hang Seng: DOWN 0.6 percent at 25,694.58 (close)

Shanghai – Composite: UP 0.5 percent at 3,156.21 (close)

New York – Dow: DOWN 0.3 percent at 21,467.14 (close)

Euro/dollar: UP at $1.1147 from $1.1132 at 2100 GMT on Tuesday

Pound/dollar: DOWN at $1.2617 from $1.2624

Dollar/yen: DOWN at 111.20 yen from 111.46 yen

Oil – Brent North Sea: DOWN 25 cents at $45.77 per barrel

Oil – West Texas Intermediate: DOWN 17 cents at $43.34

AFP

sellydion:
It time to look for divergence.

Stock that is good to buy that do not follow market down

Presco

I am now in Diamond bank with the total cash realized from the sales of skye bank.Nobody knows this market all.All these offers may turn to bids tomorrow.I think entering diamond at 1.22 will yield fruits for me as we are heading to Q3 and Q2 results will soon surface.

Livestock
- above avg vol traded and on bid

it has been long bought shares frm dangote flour,no certificate or dividend,pls do anybody know anything about the company,i bought the shares ten years ago thanks

There may be reversal tomorrow.
Fcmb,diamond and fidelity bank offers drying up.
Big big volumes traded on the three.

veecovee:
Dangflour is really strong, I like this stock

Its a resistant stock. The best place to hide your loot in a market pull back.

FIDELITY getting some attention

locodemy:
There may be reversal tomorrow.
Fcmb,diamond and fidelity bank offers drying up.
Big big volumes traded on the three.

Many stocks are running PROMO today. For those who have cash, you have less than 20 mins to take positions in any of your choice because tomorrow may be a different bull game.

valacious:
Party is over for May and Baker. Very happy for those that just sat down tight in the bus refusing to at least shift for others, over 350% in this recession....

Same way i pity those with CCNN. The wise ones are selling now that its still on full bid. When it suddenly turns to full offer tomorrow, the queue will get to London.

stcool:


Let me sail my boat towards Conoil, after the bull run, market should look their way ahead of result.

Market should make way ahead of Year end result. If I don't see #70 I will not sell. Looking forward to Q4 2016, Q1-Q2-Q3 2017.

If result is good, then it would enter Long term Portfolio.

As Oil price falls, NSE bleeds.

http://nse.com.ng/Financial_NewsDocs/18498_CONOIL_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_JUNE_2017.pdf

dividend #3.10k

Bob Diamond's Atlas Mara to raise $200m to buy more of #Nigeria's Union Bank. Nigeria https://bloom.bg/2rBje1K @Reneebon @UNIONBANK_NG

stock with new 52 weeks highs
ccnn #11.27k
no new 52 week lows

Intendy:
http://nse.com.ng/Financial_NewsDocs/18498_CONOIL_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_JUNE_2017.pdf

dividend #3.10k

WOW! GREAT

Cash available for this firm is mind blowing....retained earnings is great! Would increase my holding when it is available to buy. Certainly won't be in a hurry to sell this stock

locodemy:
There may be reversal tomorrow.
Fcmb,diamond and fidelity bank offers drying up.
Big big volumes traded on the three.

Diamond/fcmb has less than 1m offers at the market close while fidelity closed leaving only 1m offers.
Tommorrow is looking brighter on most of our stocks.Guess what?Back to greeeeeeeeen!
Timing this market will continue enriching our pockets.
DIAMOND........SKYE delivered..................Now i am in you.............deliver yours sharp sharp.

FCMB..........relax we go add more of you by september/october when we are through with JIJO on other stocks.

veecovee:
sorry, I didn't even wish to sell today, I was shocked around 2.20pm yesterday, when over 30m bid at .67k was filled...I quickly pulled my trigger to sale at .65k. Some days are like this, pls forgive me

Bros na for which platform u sell WEMA at .65k? The lowest it did today was .67k. I sold at 70k. Also, please confirm that u actually sold WEMA cos it never touched 65k. Check you account bros as the WEMA you bought still dey dia...

feelaaG:
Bob Diamond's Atlas Mara to raise $200m to buy more of #Nigeria's Union Bank. Nigeria https://bloom.bg/2rBje1K @Reneebon @UNIONBANK_NG

This portfolio investors are not helping the country.

Nigerian Stocks Lose N310b as Profit Taking Kicks in
www.businesspost.ng/2017/06/21/nigerian-stocks-lose-n310b-profit-taking-kicks/

ConOil Declares N2.8b Profit, Proposes N3.10k Dividend
www.businesspost.ng/2017/06/21/conoil-declares-n2-8b-profit-proposes-n3-10k-dividend/

BMZK:

Many stocks are running PROMO today. For those who have cash, you have less than 20 mins to take positions in any of your choice because tomorrow may be a different bull game.

No money in the circulation for now, therefore no bull run, today is just 20th June, expect bull run come next week after FAAC meeting and distribution of fund.

Am expecting Dangote flour to move the way of CCNN starting from next week.

Main while the fall in oil price and Nigeria political situation might have some certain role to play in the current bear.

When there is fall in oil price, dollar price will rise, thereby pulling some stock participant away from the market into forex trading.

I pray let the price of crude oil rise up again, to boast the stock exchange market.
(To reason beyond today is gift from God)

Chibuking81:

No money in the circulation for now, therefore no bull run, today is just 20th June, expect bull run come next week after FAAC meeting and distribution of fund.

Am expecting Dangote flour to move the way of CCNN starting from next week.

Main while the fall in oil price and Nigeria political situation might have some certain role to play in the current bear.

When there is fall in oil price, dollar price will rise, thereby pulling some stock participant away from the market into forex trading.

I pray let the price of crude oil rise up again, to boast the stock exchange market.
(To reason beyond today is gift from God)

stop talking like a layman. dollar is not a commodity that its price goes up, in exchange rates it either a weakening or strengthening, you meant to say if oil prices goes down,Naira weakens

OlugbengaE:



stop talking like a layman. dollar is not a commodity that its price goes up, in exchange rates it either a weakening or strengthening, you meant to say if oil prices goes down,Naira weakens

Who is this teacher again?
When something is weakening is not to fall, and when something is strenghten is not to rise, all the same, remember we are discussing stocks not language.
Thanks for your understanding