When two elephants decide to dance, the grasses beneath them will hear weeen!

Cromagnon:
stock exchange

Shey I go need invest?

This article is to say the least alarmist.

What was the share price of FB Holdings before the fighr started?
What is the realistic value price of FBN Holdings shares?

Was it not their roforofo fight that shot up the price in the first instance?


The loss being talked about is therefore subjective.

I for like invest for shares o but anything if such in Nigeria, hmmm... Make I just reserve my comment.

Otedola and confusion . 5&6. His name is affecting him.

Omoawoke2:
These men should settle their differences

They are not obidients who fight with stupidity and rather burn down the whole house

They are Yoruba men, they are deep thinkers for goodness sake!

if I insult u eh......

Omoawoke2:
These men should settle their differences

They are not obidients who fight with stupidity and rather burn down the whole house

They are Yoruba men, they are deep thinkers for goodness sake!

You must bring tribe into everything.

Aren't you a pathetic bigot!

gaby:


Over pricing stocks for insider trading is a huge fraud, my brother.

They knew the books were in the negative if there were any books to begin with.

Scam scam scam.

The stock market fell for several reasons

1. There was too much money in the market fuelled by easy margin loans. Pure speculation resulted- It got to a stage Evans Pharmaceuticals was doubling every x days without any improvement in its fundamentals.
2. As with any bubble...rumour overtook legitimate market news. Who can forget Oceanics phantom financials that led to frenzied buying of its shares. Pure lies.
3. Poor regulation. The NSE was simply chasing records on a booming All share Index. Financial reporting was lax and listed companies did what they liked
4. When Dubai and the US subprime mortgage market was tanking, funds began exiting Nigeria for real estate overseas. I can say that Nigeria almost single handedly saved those markets from collapse. I still remember those girls being prostitutes to sell Dubai properties even in Malls.
5. Foreign portfolio investors did a "concert party" on the Nigerian Market suckering players by pushing up prices and exiting in well timed exits. MMM style.

What a time that was - suicides, home foreclosures, tears and anguish. I saw shege from one bank like this on margin loan. Those guys expoited ignorance of margin loan fine print ehn! Sold themselves houses like gala.

A time and a half. Kudos to anyone who survived it. 👏

Omoawoke2:
These men should settle their differences

They are not obidients who fight with stupidity and rather burn down the whole house

They are Yoruba men, they are deep thinkers for goodness sake!

Must you always be stupid with replies... Wall gecko like you

This is why Nigerians delve into ponzi because shameless people are taking advantage of the sick system.

You geh reach 500naira there? 🤷‍♂️🤣🤣🤣

Beazysledge:
Hope say bank no wan fold make I first comot my money

aminulive:

https://politicsnigeria.com/otudeko-vs-otedola-first-bank-shareholders-lose-n80-76bn-shares-crumble/

This is what I keep telling folks that Nigeria is not a rich country. Imagin FBN market cap not upto $1B?

BreconHills:


The stock market fell for several reasons

1. There was too much money in the market fuelled by easy margin loans. Pure speculation resulted- It got to a stage Evans Pharmaceuticals was doubling every x days without any improvement in its fundamentals.
2. As with any bubble...rumour overtook legitimate market news. Who can forget Oceanics phantom financials that led to frenzied buying of its shares. Pure lies.
3. Poor regulation. The NSE was simply chasing records on a booming All share Index. Financial reporting was lax and listed companies did what they liked
4. When Dubai and the US subprime mortgage market was tanking, funds began exiting Nigeria for real estate overseas. I can say that Nigeria almost single handedly saved those markets from collapse. I still remember those girls being prostitutes to sell Dubai properties even in Malls.
5. Foreign portfolio investors did a "concert party" on the Nigerian Market suckering players by pushing up prices and exiting in well timed exits. MMM style.

What a time that was - suicides, home foreclosures, tears and anguish. I saw shege from one bank like this on margin loan. Those guys expoited ignorance of margin loan fine print ehn! Sold themselves houses like gala.

A time and a half. Kudos to anyone who survived it. 👏

Well said.
It's nice to see there are still ppl who have a good understanding of stock market dynamics.

Omoawoke2:
These men should settle their differences

They are not obidients who fight with stupidity and rather burn down the whole house

They are Yoruba men, they are deep thinkers for goodness sake!

Their deep thinking made shareholders lose a whooping 80.7 billion naira 🙄🙄

Agbado miscreant

Mopolchi:
Which kind wahala be dis? Even di small dividend I dey use manage myself dis 2 big f00ls wan scatter am for me

Our System is so F**ked up man

Otedola being beaten black and blue by his fellow billionaires. Tony Elumelu beat him to Transcorp shares, now Oba is doing same with First Bank shares.

Facebook accounts for sale. Dm on WhatsApp
07067197141

gammarays:

Their deep thinking made shareholders lose a whooping 80.7 billion naira 🙄🙄

Agbado miscreant

That’s why we are disappointed

A whole Yoruba men behaving like Igbos

I don't think I can invest my hard earned money in the NSE again.

BreconHills:


The stock market fell for several reasons

1. There was too much money in the market fuelled by easy margin loans. Pure speculation resulted- It got to a stage Evans Pharmaceuticals was doubling every x days without any improvement in its fundamentals.
2. As with any bubble...rumour overtook legitimate market news. Who can forget Oceanics phantom financials that led to frenzied buying of its shares. Pure lies.
3. Poor regulation. The NSE was simply chasing records on a booming All share Index. Financial reporting was lax and listed companies did what they liked
4. When Dubai and the US subprime mortgage market was tanking, funds began exiting Nigeria for real estate overseas. I can say that Nigeria almost single handedly saved those markets from collapse. I still remember those girls being prostitutes to sell Dubai properties even in Malls.
5. Foreign portfolio investors did a "concert party" on the Nigerian Market suckering players by pushing up prices and exiting in well timed exits. MMM style.

What a time that was - suicides, home foreclosures, tears and anguish. I saw shege from one bank like this on margin loan. Those guys expoited ignorance of margin loan fine print ehn! Sold themselves houses like gala.

A time and a half. Kudos to anyone who survived it. 👏

KUDOS!

I will start watching out for you from now on concerning stock market threads.

ppogba:


KUDOS!

I will start watching out for you from now on concerning stock market threads.

Thank you. Sadly, I exited the market in 2009. Before that I used to teach investment and technical analysis. I have a company that still supplies African eod prices and corporate actions but I am not really a player anymore 🤷‍♂️

BreconHills:


Thank you. Sadly, I exited the market in 2009. Before that I used to teach investment and technical analysis. I have a company that still supplies African eod prices and corporate actions but I am not really a player anymore 🤷‍♂️

Wonderful.

On the contrary, I am an addict and still trade regularly.

I doubt if I can ever leave.

ppogba:


Wonderful.

On the contrary, I am an addict and still trade regularly.

I doubt if I can ever leave.

Awesome. Trade within a high and low envelope and when you reach the price ceiling sell bearing cost in mind. Contrary action for downside.
Hold dividends stock.

For your portfolio use your age as the bond or fixed income component and for the rest go all in equities

Only liquid stock with decent daily turnover.

Wish you all the best

BabaIbo:
I for like invest for shares o but anything if such in Nigeria, hmmm... Make I just reserve my comment.

anything naija na scam, make I help you complete m

LegallyBlunt:
Shey I go need invest?

Not necessarily
You just work in the industry