Dexterax: Even if the survival of the human race depended upon some kinda remote intercourse with this woman, I wouldn't give it a flying thought. I'd rather slit my wrists

Dexterax dexterax Dexterax! Nor tear ur gall bladder with bile oo...why u dey do like earthworm on salt course over none issue??
Ewwwww on your first line quoted ...mutual feelings! Wrist slitting? Naaa, I love life!

Abeg nor vex, you don win, you have the last word as usual; sleep easy

ayztech:

Dexterax dexterax Dexterax! Nor tear ur gall bladder with bile oo...why u dey do like earthworm on salt course over none issue??
Ewwwww on your first line quoted ...mutual feelings! Wrist slitting? Naaa, I love life!

Abeg nor vex, you don win, you have the last word as usual; sleep easy

Madam, stay away from my business.

myjoy08:


Ma, there is nothing that warrant me to ignore Dexterax as you mentioned. In a nutshell, ignoring has nothing to do with making money in stock market. Plz get busy so as to make money in this last quarter of the year and finish strong. Be bless!!!


NB: Dexterax is my brother as usual!!!

Oga myjoy08 I hear you loud and clear sirrrrrr

NB: Dexterax is OUR brother as usual

Dexterax:

Madam, stay away from my business.

Ok sire!

(But methinks comments on NSEMPA na everybody bizness? )

Nor vex further sha; e don reach for one night.

Make una hold me oooo or else i go bite dexterax for here.

@ayztech, sweety pls relax and have a nice rest biko..

@DragonKing...

Abeg which brand you dey drink? Abi na red wine you want?

Dexterax:

Since you've chosen to make every encounter between us turn out this way madam, what else can I type?

It's up to you, really.

You dont repond to every little comment my friend, in the spirit of maturity. A man is a man is a man is a.....

My Oga's what is the implication of share price rise on a coy that has all share capital available for trading on the floor and a coy that has just insignificant float to the public. thanks!

http://www.thisdaylive.com/articles/-okomu-oil-reaping-benefits-of-cutting-cost-/188157/

CSL maintained a ‘Buy’ rating on Okomu’s stock as well as a price target of N41.5 per share.

Transcorp, buy buy buy, it will go up to like 8 naira soon. This time, quote me!

Fidson, buy buy buy, am seeing it at 5 naira very soon.

Don't quote me!

nitrogen: Fidson, buy buy buy, am seeing it at 5 naira very soon.

Don't quote me!

U funny gaan!

For Fidson, you qualify it as VERY then you end by saying "Don't quote me". Transcorp is not qualified as such and you want to be quoted?

I hope all is well my oga?

fidson was on my mind , i noticed it was.bouncing btw 3 naira and 3.30 which is 10 percent, iwas hoping it dropped to 3 naira but i was discouraged bt d limited vols it trades daily. how many weeks will it take to load appreciable units ? how long will it take to sell? i jump n pass dt one abeg.

Dexterax:

U funny gaan!

For Fidson, you qualify it as VERY then you end by saying "Don't quote me". Transcorp is not qualified as such and you want to be quoted?

I hope all is well my oga?

Boss, naso we see am o, transcorp, I am very sure, Fidson, I am sure.

mercylicious: fidson was on my mind , i noticed it was.bouncing btw 3 naira and 3.30 which is 10 percent, iwas hoping it dropped to 3 naira but i was discouraged bt d limited vols it trades daily. how many weeks will it take to load appreciable units ? how long will it take to sell? i jump n pass dt one abeg.

Madam, load any available, in weeks (2-3), you will be happy that you did.

nitrogen:

Boss, naso we see am o, transcorp, I am very sure, Fidson, I am sure.

Monkey nitrogen

www.knightofdelta.com/2014/09/navigating-nigerian-stock-exchange.html?m=1

The Nigerian Stock Exchange:
Elections Loom
The Nigerian Stock Exchange All Share Index
(NSE Index) has been quite volatile in the first
eight months of 2014. The first quarter was
full of intrigues especially with the suspension
of the erstwhile CBN Governor, Lamido
Sanusi.
The chart below shows the performance of
the NSE Index over the past one year.
The Index experienced a bullish run in the
last quarter of 2013, then took a breather
and resumed in the second quarter of 2014.
However, it looks as if the market has started
taking another breather. Now, the question
on every stock investor's mind is this: what is
the way forward?
As we all know, nobody can accurately predict
what the market will do tomorrow, but there
are pointers, and other variables, that can tell
us what to expect in the near future. The
market doesn't always respond to these
variables, but as investors, we need to device
strategies to help us determine the way
forward in optimizing our portfolios.
So this is the time to insert a caveat: what I
am going to write about is just my opinion,
and the strategy I intend to deploy in
managing my personal portfolio.
Over the past one year, the NSE Index has
gained 13.4%, largely because of the bull
runs evidenced in the chart above; however,
the market has actually lost 0.29% year to
date. That is a brief review of the
performance. So, how does this all stack up?
Let's dig in a little deeper into the numbers.
The Nigerian stock market has the largest
share in the MSCI Frontier Markets Equity
Index, at least until Saudi Arabia is added.
Strangely, the NSE Index is cheaper than the
MSCI FM Index. The NSE Index has a price to
earnings ratio (PE) of 11.9x, but the MSCI FM
Index has a PE of 13.9x. While the NSE Index
has a price to book value (PBV) of 2.4x, the
MSCI FM Index has a PBV of 2.8x. And lastly,
the NSE Index has a return of equity (ROE) of
19.4%, while the MSCI FM Index has an ROE
of 16.5%. On a relative basis, the Nigerian
market is looking cheaper than the stock
exchanges in other frontier markets. If the
NSE Index is stripped off from the MSCI FM
Index, the difference in valuation will actually
become much wider because of the weight
that Nigeria occupies in the Index.
Now, I decided to take a closer look at other
stock markets across Africa, and my findings
were startling. Nigeria looks undervalued
compared to the other markets across Africa.
South Africa
PE - 15.4x
PBV - 2.2x
ROE - 15.1%
Kenya
PE - 12.5x
PBV - 2.5x
ROE - 28.4x
Ghana
PE - 13.1x
PBV - 1.3x
ROE - 13.2x
Dow Jones
PE - 15.1x
PBV - 2.5x
ROE - 18.3%
Apparently, the NSE Index is quite cheap at
this time. But is this the right time to plunge
into the market? I don't think so, because I
believe the market is still going to become
much cheaper than it currently is.
Inflation currently stands at 8.2%, but the
minimum yield on Nigerian Treasury
investment is 10.2%. That is a minimum of
200 basis points real returns on fixed income
investment. Why should investors plunge into
the stock market when they can get to
preserve the purchasing power of your funds
at zero risk? Another reason why I believe the
market will still become cheaper is the
current volatility the NSE Index has displayed
so far. The weekly standard deviation of the
NSE Index over the past one year stands at
1.95%, while that of the FGN 2022 Bonds
stand at 1.08%, which means that the stock
market is still quite volatile and this volatility
is likely going to drive it down a little further
than current levels.
Another major concern for the stock market
is election fears. The presidential elections is
less than six months away from now. A lot of
politicians would be keeping liquid cash at
the moment to fund elections, and this may
make them to sell down assets to meet up
with electioneering needs. With rising
liquidity will come rising inflation, and in
order to curb this inflation, the Central Bank
may be forced to tighten liquidity by
conducting more frequent open market
operations (OMO auctions). Frequent OMO
auctions may force interest rates to rise
further from current levels, and thus increase
the real returns on investment for fixed
income.
A lot of investors are also likely to stay by the
sidelines until the elections are over, and this
will lead to reduced appetite in the stock
market over the next six months. The stock
market is not likely to decline in a straight
line; I expect a little bump towards the end of
2014 and early 2015, before it continues its
downward trend until the elections are over.
The outcome of the elections will also
determine how soon the stock market would
recover. If the incumbent government is
returned, I expect the market to trade
sideways for a few weeks that may last up to
six months before a massive rebound. This
sideways will be informed by the traditional
noisemaking that will be made by the losing
side(s). If, however, there is a change in
government, the market is likely to
experience an immediate decline as market
participants take off to examine the policies
of the new government, and the recovery may
not happen for at least one year. The return
of the incumbent will guarantee a continuity
in policies and the market will react positively
to this.
The last question is the likely impact of
terrorism in the North Eastern part of the
country. I believe that this threat will be
contained just before or immediately after
the elections in February 2015, and the
chances of a degeneration into an upheaval of
the general economy is less than 0.05%.
In summary, despite the cheapness of the
Nigerian stock market, I am going to tactically
remain underweight for the next six months.
But this does not preclude me from cherry
picking some very juicy opportunities as they
emerge.

nitrogen:

Madam, load any available, in weeks (2-3), you will be happy that you did.

I am tempted to load with this energy of a town crier that you are using. I have the Pharm coys on my mind for 3rd quarter. I mentioned this earlier some weeks back. We are expecting some announcement this quarter. You don see sign?? Abeg talk the talk. Just tell me, you don hia sontin? Fidson will definitely be the driver.

Agbalowomeri:

Monkey nitrogen

Dexterax: This babe just left a bitter taste in my mouth. This is not Dexter. I shouldn't have even responded once!

WTF really?

bros e don do na..try and relax

i have been thinking if he is actaully a man or woman. He response to every thing the lady says. Na wah oooo.

Dragonking:

bros e don do na..try and relax

vgirl: i have been thinking if he is actaully a man or woman. He response to every thing the lady says. Na wah oooo.

Two fighting, who call u for the matter?

Agbalowomeri:

Two fighting, who call u for the matter?

nitrogen:

what will a bear market not do?

paulcube:

what will a bear market not do?

Any takers - FBN at 10, Oando at 15-18 range, UBA at 5-5.50....
Just these 3 for now... When? Dec - Jan...

Never say never.. Just thinking loud