manuch:

i rest my case.

Hey Mr. Manuch, Can you please include the deleted columns which show the oil production and population for each of these counteries so we
can make a fair assessment. This table is not complete. Because Nigeria is 3 times the population of all these counteries and each of them produces an
average of 3-4 times our daily oil production.

debenzd:

fatherof2 how u dey? You have been in hiding and for good reason I suppose.

At least we now know that there is cash to move this market even if it is a 2weekly cycle. This is how it should have been if not for the 1% wahala.

I am hoping we will start having higher lows and higher highs as the market tries to recover.

Seriously doubt it, you will know when the market has resumed a normal cycle. AS E BE NOW, e never happen, not when 95% of traded stocks all follow in one direction. THAT IS TOTALLY ABNORMAL ANYWHERE IN THE WORLD. Its probably months of accumulated salaries that moved things a little last two weeks.

Was wondering why it took this long for this classic bear trap to show face. I wonder how many were caught?.

beginner:

Father of 2, haba, how much notice do you need to give father now. Stock market don open again o. Abeg leave catholic church alone o. No miss this awof sale o. I remebered selling FCMB at 19.5 and bought on Friday at 6.27. Even Lasaco na 1.29 and Oceanic 12.34. I wish resources are unlimited.

I still dey write seminary exam, na friday we go finish. Na after friday profit takers go reappear. Na d reaction wen follow profit takers i wan see next week.

debenzd:

Ndidi is presently on TV annoucing the suspension of circuit breakers. What you see now is what you get.

Hmmmm, dem don open tap finish.

Gone are the days,

debenzd:

You wan take laugh kill me. Except you bought shares at 2005 PO price, you are not immuned. Na wa o!

God help us.

May God really help us.

Krrush:

. . . . Things fall apart, the centre cannot hold, mere anarchy is loose upon the land . . .

If this thing hit Asian market well, well . . . They wey no too get liver . . . Many of them na to dey waka go find tall tree with strong rope for hand . . .

Some of dem no dey wait look for tree. I hear say d pole wen dey inside wardrobe dey reach dem do HANGING. You know as dem short.

husu:

Wetin you go do your 2 children, and your wife.But no wahala,once you can make money in seminary school,I fit join you later.Nowadays people dey find plan B.

My two pikins go do ALTER BOYS, my wife go do SISTER. I hear say school still dey for this kind work.

husu:

@rasputin,
thanks for keeping this thread lively in these bears season.Our Oga(fatherof 2) has deserted us and went into hiding.Me think the bear is over as from today.The six banks for the bail out are FBN,Union,UBA,GTB.and two others.They will inject the money(600billion) as from today.Long Live NSE.
Disclosure:i have lost more than 50% of my portfolio.

My brother no be my fault oh. I never go desert yet oh. My mouth never still close since public holiday wen DOW loose 777 till now.If DOW dey take hammer like this, i no wan look NSE at all. I go soon sign my SEMINARY application form. Technicals dey fail now. People no wan gree, na worldwide panic we dey now. Na watch and see we just dey. I dey go submit my form on Monday morning by 2pm.If market change by 1pm i go withdraw my form.

nateevs:

@FO2

Have got any spread sheet or better website I can use even if I have to subscribe to it where I can get up-to-date outstanding shares, PBT, PAT, Turnover, year end for companies quoted on the stock exchange?

I need this to start doing some research on my own. I wil really appreciate if you can help.

www.fsdhsecurities.com (Register and go to history)
www.cashcraft.com (PBT , PAT history)

There are many others.

husu:

@fatherof2,
Have You checked todays prices?,is like the word is comming to an end.Serious wahala dey ooo!!!.My hard earned cash is burning right now on the NSE.Is there still hope for this year?

Rain must fall before sun shine. No Let your " WORD" end oh. Keep speaking.

Get ready to enter GTB [/b]and [b]Unilever. They have the best prospects right now. Others are coming.

GTB and UNILEVER starting to show real promise. Looking good soon.

With the low volumes wen show face today and turnaround on its way. I hope say i fit find person go gree sell give me. Only 130k units of IBTC na e come out today.

A transition is about to come in the banking, conglomerate and Industrial/domestic products sectors. Keep a close eye on this Thursday/Friday signals.

Abu-Maryam:

Me na greetin i de greet. My money de pocket. Na Lasaco abe Unic??

Just hold on oh. Many stocks haven't ripened yet. Just recheck positions by Thursday evening again.

husu:

@fatherof 2,
Are u still sitting on the fence,i don set oo!!

Barb wire don hook my trouser for fence, but i go soon fall. I'm still in profit on those stocks sha.

debenzd:

Hello all,

Just heard from my broker, 5% downward slide will resume on Monday.

CBN is definitely pumping cash into the system.

* Have you noticed the volumes on Dangote sugar? D last time there was a revival, dangote was among d first to move. Seen the vol on Skye and oceanic? Someone I know is buying up tomorrow.

* Noticed the number of announcements and results coming out within the last 2 days? These includes reconstruction and the rest?

*NOTICED D CBN ANNOUNCEMENT? DON"T DISCOUNT IT.

Hope this helps for those interested. CAVEAT DEY PLEEEEEEEEEEEEEEEEETY O!

P.S I am buying tomorrow.

I for suggest you wait small sha ohhh.Check tomorrow first and try Monday. Some things never ripe yet.

husu:

@fatherof 2,
where art thou?

Thou is hia oh. Watching.

husu:

@father of2,
the offer positions in oceanic are dropping down,from 137 to 54million in one day.I Belief felas has started withdrawing their mandates.

That one is not the problem really. 134million offer can change to be bid overnight.Usually that is not too important a parameter.
What i'm looking for has not yielded completely, if it doesn't yield completely, any turnaround will be shortlived.
It doesn't look good now for at least first few days of next week.But i pray it maintains this 1% for another few days so everything can set properly for
a turnaround. In hindsight now seeing how 1% behaves on price movement, it shows CICO moves can still reign again.

ha na wa, oceanic is not going right again. which kind tin be this. 1% is just a whole new ball game.

husu:

@fatherof2,
[b]remember 50million units of oceanic on offer, only 4.8million sold so far. that means few buyers.[/b]Remember no patterns right now on the NSE.But anything can happen.Any person buying or selling anything now is gambling.Oceanic can be #40.00 or #15 in the next 2months.Lets pray things may normalize soon.

Buyers dey look for the right conditions to arise before they reappear. When dem reappear, all those 50million traders wen wan sell [b]garri [/b]go start to dey hoard am make price go up.

MyPeace:

were u able to exit your oceanic you talked about last week? u had wanted to exit by last friday, and since tuesday last week oceanic has been in reds. l cross my fingers on oceanic for now, l pray it goes up as u said.

As you can see i'm planning more. I didn't sell because there was no point in selling then considering the impact of 1% on CICO moves.
We saw the impact of the good side (5%), its important to also sit back and understand the statistical impact of the new 1% on price movement, then you can plan.

Finally now we're getting a clearer picture of behavioural patterns.
I'm ready to buy some more Oceanic by this friday at lowest price, sacrifice loosing 1% by monday next week, logic of this is that by Tuesday next week, Oceanic should start reversing. Volumes are thinning out, there may be non available to buy by next monday, best bet will be this friday to get some more.

Kai i remember now we should have listened to YOU.

Some mathematics is not adding up with this 1%. Next week will be interesting. Its not looking good on my pc.

debenzd:

I beg wetin dangerous about am? These are interesting times in NSE.

Make oceanic fall on Monday, then we go subtract am from wetin happen today, na den i go know whether to panic.

This 1% looks dangerous.

husu:

@father of2,
that oceanic na #30.00 stock oo!!. no just rush out like that and rush in later @ #35.00. cause this 1% downward stuff go affect cicoers like you badly.meanwhile their year end has been changed to december,which made it more interesting.Just my thoughts.

I know you're very right. I stayed up late trying to study behaviour of those who have fallen. Its very interesting.
In no time, these prices will be much higher. Not until they remove that 1% thing, CICO will be hard and unprofitable.

ololufemi:

@ FATHEROF2

BABA,

HOW THE FAMILY AND WORK.

TRY BAIL OUT BY WEDNESDAY/THURDAY OH. FRIDAY FIT LATE.

But on another note, the 1% down change doesn't seem to make CICO encouraging now. We need to see how quickly it affects them into oversold.
I believe they'll all move even higher after falling 5%. We just have to wait to see how the 1% down affects the technicals.

adewaleafolabi:

FatherOf2
Please whats wrong with IAINSURE ?

Really don't have any tracking info on that stock.Haven't been looking.

ololufemi:

@ FATHEROF2

BABA,

HOW THE FAMILY AND WORK.

TRY BAIL OUT BY WEDNESDAY/THURDAY OH. FRIDAY FIT LATE.

Family dey my brother,
if weather change before then, we go re-adapt were rain coat.