what's up with OANDO, this sudden jump to 9.8%? Any story behind that?

Mcy56:
Those 3M and the 999,999 gang are in transcorp again. I believe those offers are fake or they have a mission to get their desired qty.
Indication that transcorp is getting the big boiz attention.

Trust me, they are not fake

Coolcash1:
I don go sidon inside DBL bus jejely... ..i dey wait make them close door and move us to Access corridor...

Why is Diamond a good buy at the moment? I am considering it , but will be buying at about a year high price. I normally hate to do that. Whats the price prospect in view of the takeover.
Just want opinions please.

House, what shall I buy today o! Criteria; High liquidity, good short term prospect (weeks/months). Your highly esteemed ideas are needed.
Of course, I take responsibility for my decisions.

Jejebabaa:

Which brokerage firm is that boss?

Stanbicibtc

tritritri:
Will d market operate tomorrow friday?

spoke to my stockbrocker today, NSE is open for trade tomorrow

Is there any logical reason why OANDO is on bid? None that I know of. Any other idea?

yok:
MSCI ADDITION FOR 20 TO 24 APRIL 2018/GENERAL MARKET COMMENT


MSCI has dropped Forte Oil from its portfolio. This joins the like of PZ, Seplat etc which were formerly in the portfolio, but have now been dropped. We do not need to panic about this, it has been in the fund’s agenda for a long time, FCMB was equally dropped before being added again. To refresh our memory look at this: [url]http://www.punchng.com/msci-review-forte-oil-fbnh-guinness-pz-others-dropped/
[/url]
Going back Forte oil was added into the fund around 2014- [url]https://www.proshareng.com/news/Investors%20NewsBeat/Forte-Oil-and-ETI-Plc-included-in-MSCI-Frontier-Market-Index/23222[/url]

Then for those who are afraid of OANDO going down, just put a limit order to sell at NGN9.14 immediately this morning I such that if the order is already sitting in the market before the open, you will be able to sell.

Was the fund the Jonah in the bull “boat” for Forte oil? We fold our arms to watch.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

What does anyone think of OANDO, sell or sit tight?

Please is there any news on WEMA. I am just reviewing the da chart and noticed a sudden upswing of 8% (from negative) to todays closing of 0.95. Is there a news accounting for this reaction. Thanks in advance.

Manonamission:


A good one from Transcorp

The market is already reacting

TLAX:


This week....or next week at the latest.

Thanks bro.

Hello everyone, I have been off the radar for a couple of weeks. Any idea of time frame when Trancorp will release results?
Thank you.

OBAGADAFFI:


No mind me.

The market is confusing @ the moment.

Watching SKYE in 3D

House, abeg, any opinion if Skye is a good short/medium term buy?

Jejebaba:


What if you are resident abroad and you also import money to NSE and your country of residence doesn't have income tax.
Any advice for such person?

Answer copied from VAIDS website FAQ:

What about assets that are owned in jurisdictions where there is no tax payable?
The use of Tax Avoidance Schemes is legal but tax evasion is not. If the ultimate beneficial owner of those assets had paid all taxes on the funds prior to their transfer to the tax shelter, then there will be no additional liability except any tax payable on further income earned on those funds. However if the correct amount of tax was not paid prior to transfer, then a liability exists and Government is entitled to trace its tax claim through to those assets and any income that arises from them.

Agbalowomeri:
What of those that trade stocks? And those who import capital

For those who trade stock, no problem as long as the initial /additional fund poured into stock is already taxed, remember that your share sale is already taxed. For those that import fund from abroad (like me), no problem as long as your source of fund is already taxed in your country of residence. However, if you are resident in Nigeria and your income is from abroad, then you need to explain or pay tax to Nigeria on the initial fund.

I see opportunity to buy...only when this bear finish growing bear bear. My sight on access and Transcorp. House, any thought on these? I jumped out of Transcorp last week with 70% profit, it made me smile, maybe I can reload after it has shed some weight, but something tells me that access may shoot up someday soon. I am trading with my money, so I can wait a bit if I buy in. I will like your recommendations.

Of course I know I am trading at my own risk

Na wah oh! People just dey sit on the fence with their money. Low volume trade so far.

Parisfran:
Analyse this.

Is the US equity market correlated with ours? To me the answer is no.

In the last 5 years, their DJIA has done over 80%, while ours is just doing 34%.
Infact in 2015 and 2016 both indexes where moving in opposite directions.

Discl: I'm neutral, neither pessimist or optimist. That's why I bought various stocks, so as to not get feelings for any company.

Look at the graph again, how is this not correlating? The percentage rise and fall is only different, but the trend is [b]mostly [/b]in same direction.

House, do you think Access is a good buy at today's price. Thinking of diving into it. Or make I wait small? Please your brother need answer urgently.

Some are still hell-bent on buying OANDO, see heavy bid. Do they know what we don't? I am a fixed investor for past months, but if I was not in, I won't enter at this stage.

Elders, abeg, roughly when do we expect Transcorp results? Jumped out of the boat on Tuesday, it made me smile big time. Wants to time my next move.

Caution; its highly volatile, one needs a long spoon and avoidance of greed with certain NSE stocks

mendes911:


Which numbers will they use to review this one? Just use your guts or throw a dice? Which ever number you hit on the dice will give you the perfect price rounded-up in naira (i.e. 1, 2, 0, 4, etc).

Meanwhile, my senior brother Sam Loco said their FY result will be spectacular. Very spectacular.

Any ideas about the time frame of Transcorp results?

sellydion:


Bad news struck OANDO

what bad news? Am wondering why there is a 66m bid on it today with no one selling. Any other info apart from the usual nonsense from Tinubu?

declaration; I have some shares

I still struggle to understand why access seem reluctant to zoom off, anyway, maybe the bus is waiting for me when I drop off Trancorp at my bus stop.

*not a recommendation*

samzepaparazi:
Blood of zachariah

Who is pumping 50million units of transcorp at once.
7 times now thats 350million units by one entity as at this time


Im not decamping again

I have perished the thought of decamping since Friday. I know that a lot is cooking, I'll ride with it.

mendes911:


You need to understand all that happened today.

abeg, tell me bro. Knowledge is power...or money.

206 million shares traded on transcorp and only dropping 1.6% when I expected a huge retracement! Am cancelling my short term jump out order. I suspect it will pull another set of huge bull even from Monday.

Thank you bro, of course I will jump back. If I am not able to sell at a reasonable price tomorrow morning, I will leave it. If I sell, I will be back within days.

locodemy:


Remember to come back to benefit from the consolidation news.
Why not wait and pull all at #5?

my people, am heavy on transcorp, should I sell and wait for retracement? Hmm, itchy finger...or am I being too greedy!

zap away or not, just remember to invest in Nigeria. It is the place to invest. Typical emerging economy with increasing middle class, especially with a population nearing 200m. That can only result in increased transaction and boom in economy when managed well. Whichever way, our NSE na Baba.
I am not in naija, but believe it, I am one this forum daily (though I do not often contribute...sorry guys, just shy). I do not invest kobo in the country I am, but in Nigeria. I understand NSE better than oyinbo exchange, and nobody tax me 20-40% of my profit. Plus I cannot make a third of what am making on NSE over here.

Investnow2017:


I share the same sentiments. Who knows this might lead to meeting the goal of zapping away from this country prior to the upcoming elections with jumbo-size loot No be only me waka come Nigeria

drnelson:
you should learn to MYOB

i was talking to the person talking about aiico and not with you.

unless you be a barking dog who wan advise someone wey never seek you advice.

smh....

Fake Dr Nelson, you don’t even sound intelligent like someone who should be trading stocks. Anyway, we need someone like you to pump in imaginary 1bn so some of us can make profit. Many Lagos agberos have better manners than you, meanwhile, your interesting use of abbreviations makes me think you are probably a teenager who missed road unto this forum.

drnelson:



STFU who u be?

if i should not try it now then when should i try when the price goes up?

na your papa money i dey borrow buy shares? mthewww

This is not an acceptable response. You asked for opinion, someone gave a response. You then responded with insults and curses. I think you should apologize. Not cool at all.