Mcy56:
The land is becoming greener. UACN 5M+ bid again 900k offer.
They've shouted it tired here. No one should bring bad belle when it starts going up again.

anyhow we dey kanmpe M..llicious

Valueinvestor:
Oga yok,abeg please help us verify o, e be like say ya people don enter market (FPI) ?

Bro, you sef see the monkey hand wey dey inside today soup abi?

swilo:


No money to share again o. All the budget for this year don enter tribunal matter.

I never hear from u since. With those your magic posts.

Lol... the thought of my portfolio has made me draw closer to God these days. Shine light oh...that company that the parent coy wants to buy out.... money dey there...but it might take some time

Nem forming further shedding/resistance at 1.77/1.78 for the past few days now. Interested party should watch this space. Lol.

735i:
Lol... the thought of my portfolio has made me draw closer to God these days. Shine light oh...that company that the parent coy wants to buy out.... money dey there...but it might take some time

Oga we're waiting to know this coy ooo.........or is it updc?

We may have seen a market bottom

Mcy56:
Nem forming further shedding/resistance at 1.77/1.78 for the past few days now. Interested party should watch this space. Lol.

Were you truly the person behind "mercilicious" moniker?

small money ni o, reinvested back into the company

Mcy56:

Too much money. Congrats!

https://bizwatchnigeria.ng/cbn-likely-to-introduce-10-year-naira-futures-to-reduce-fx-risks-bloomberg/

Market dealers and the FMDQ are “engaging the central bank to extend the curve of the FX futures because it will create stability for capital inflows into Nigeria,” Bola “Koko” Onadele, chief executive officer for the Lagos-
based FMDQ said in an interview in Lagos, the nation’s commercial hub. “We wish for 5- to 10-year futures.”
The exchange is seeking to bring more capital into the West Africa nation amid increasing pressure on the naira following a drop in Brent crude prices to below the government’s budgeted levels. Nigeria, which vies with South Africa as the continent’s biggest economy, relies on oil for 90% of its foreign-exchange earnings. Its external reserves have also been declining, curbing the central bank’s ability to prop up the currency






Be like say this the one of the reasons for the huge cross dealings since Monday

If all go well..Hopefully Hot money can visit like 2017

Reserve goin down ..cbn need that dollars anyhow

Agbalowomeri:
We may have seen a market bottom

Is it too early to call?
Let's see what happens next week

veecovee:
Were you truly the person behind "mercilicious" moniker?

Capital NO!

if you know, you know. lol. 12years strong with caverton.

mendes911:


Dividends of "Audit committee membership".....

Runs Away!

jideflash:
small money ni o, reinvested back into the company

Lol. All the same, it's a major feet for your coy. It will bring much more.

Mcy56:

Capital NO!

OK! of course I've not seen her nature in you though ...

Agbalowomeri:
We may have seen a market bottom

E kuu today's market oooo. We hope for more green in dayssss to come.
Some stocks are still warming up.
@Agba, even if na hand you go take adjust your chart, adjust it to show its truly at the bottom. lol.

veecovee:
OK! of course I've not seen her nature in you though ...

What's her nature? I dont seems to know her too well.

Amen ooo

Mcy56:

What's her nature? I dont seems to know her too well.

She is more exposed in this market than you are. I wonder what's her fate now.

The last thing she talked serious here was about her marriage, the rest is now history

Valueinvestor:
Oga yok,abeg please help us verify o, e be like say ya people don enter market (FPI) ?

PLs where heavy volumes dey make l waka go.

veecovee:
She is more exposed in this market than you are. I wonder what's her fate now.
The last thing she talked serious here was about her marriage, the rest is now history

You're very correct. Think I've said same thing before when someone assumed I'm she.
She's sound technically, so I believe. Me na confirmed amateur but I'm learning, especially in area that relates to me making money in the market, not all those technical jargons o..
She's married since then I think.

735i:


Bro, you sef see the monkey hand wey dey inside today soup abi?

Oga i dey your back o.Nothing to buy again,na siddon look we dey o.we dey wait for the matters gang to help us push the price up small.

Mcy56:

You're very correct. Think I've said same thing before when someone assumed I'm she.
She's sound technically, so I believe. Me na confirmed amateur but I'm learning, especially in area that relates to me making money in the market.
She's married since then I think.

... don't know. She only spoke about it here. I hope she is still alive

akinssan:


PLs where heavy volumes dey make l waka go.

Me just dey joke dey enjoy myself o.But all the same the atmosphere is looking brighter.

veecovee:
... don't know. She only spoke about it here. I hope she is still alive

She is. Someone mentioned it here, maybe Agba.

Agbalowomeri:
We may have seen a market bottom

Na now your eyes open.

The bottom was in August.

Una no dey pay school fees anymore? Thought bulls don't come in September?

AIICO Insurance to Raise N8bn, Seeks Approval
https://businesspost.ng/2019/09/12/aiico-insurance-to-raise-n8bn-seeks-approval/

NPF MfBank Wants Regulatory Approval for N3.430bn Rights Issue
https://businesspost.ng/2019/09/12/npf-mfbank-wants-regulatory-approval-for-n3-430bn-rights-issue/

Onasanya Quits as Chief Financial Officer of Ellah Lakes
https://businesspost.ng/2019/09/12/onasanya-quits-as-chief-financial-officer-of-ellah-lakes/

onegentleguy:


Indeed u are understanding matters quite fast !!

Same thing(from the prankster group) is playing out in UACN, AIICO, FCMB, ZENITH, and a few other coy in the 'NSE room'

We are earnestly waiting for them to push down their prices so we can accumulate much more !!
...I am particularly interested in UACN. My cutlases have since been sharpneed thrice.

It is well.

The way stocks will power up, it will be as if it was launched by a nuclear tipped missile.

Valueinvestor:

Oga i dey your back o.Nothing to buy again,na siddon look we dey o.we dey wait for the matters gang to help us push the price up small.

The smart ones entered alot in August.

Market never even start to move sef.

You don hear am for CNN? BLOOMBERG?

Europe is now in deep shit (brink of recession) so expect more money to flow into EMs.

RabbiDoracle:


Na now your eyes open.

The bottom was in August.

Una no dey pay school fees anymore? Thought bulls don't come in September?

Bros we still get plenty days in September
Next week is pivotal

RabbiDoracle:


The smart ones entered alot in August.

Market never even start to move sef.

You don hear am for CNN? BLOOMBERG?

Europe is now in deep shit (brink of recession) so expect more money to flow into EMs.

@ Oracle, how are you doing with fx.?

onegentleguy:


Before u choose to key into UPDC, remember;

1) Fundamentally, the company is still an unhealthy one.

2) There'll be an impact of dilution post right issue, before the proposed unbundling from the parent coy, UACN. ...which could add to the pressure on updc' EM, ROAE and AsY.

3) Post unbundling, the qualified holders in UACN who got free stakes in UPDC(and updc reits) will want to liquidate their holding in it(updc) mainly because of point 1 and 2 highlighted above.

If with these 3 points, u still do not understand why any price rise in UPDC might not be sustainable in the short term or why a choice btw UACN and UPDC should be an easy one, then I don't how else to guide us.

The point is; UPDC might be good post unbundling, but UACN is undoubtedly a far much better option to align with.

Salah.

You have hit the nail on the head @ the bolded: The chief reason UPDC is rising.
They are trying to raise the price prior to the proposed rights issue to enable them mobilise enough money.

Anyone buying UPDC now is playing into their hands except it's for jijo. You are clearly the patriotic shellholders whose funds will be used to pay brokerage fees arising from the impending rights issue and whatever else the money is purportedly being raised for.

pluto09:



@ Oracle, how are you doing with fx.?

My dear, that thing is a terrible gamble o.

First time, I staked 1K and in 3 days I made 180%. Lost part of it. I lost after I had posted on NL.

Later I withdrew my balance.

I later entered again with $500 and in 2 days, I made $3,200. Actually on the second day I grew my fund from 806 to 3,200. First day was 500 to 806. I lost a huge part of it on the third day.

I quickly withdrew the remainder. Make dem no kill me.

Una safe journey o.

That field no be where you sabi book o. Na pure gamble o. You are dealing with human emotions and sometimes the system freezes when those crazy Yankee enter at 3pm with their very fast trading which zaps up and down.

Mo gbe jaaaaa sharp sharp. I can't come and kee myself.