Aks:
@FranklinRich - Smart investors will still make money irrespective of the condition - that is the IRONY of it

Yes sir. They will or rather we will.

@Franklinrich

You are correct.

Currently,the bid-ask spread for the USD/NGN at the interbank market is N5+.

Investors who wanted to see out the elections are not comfortable with the recent uncertainty caused by the postponement, so they are making hay while the sun shines. Also note that wealthy Nigerians are not left out in this scramble for the exit door. There is this unfounded fear that elections might not hold so its a flight to safety before anarchy becomes the order of the day.

As for the NSE,I dont know if we would see much volatility in the coming days, as equities are already battered and are trading at the lowest of lows,despite the slight recovery in crude oil prices.

Kagame:
@Franklinrich

You are correct.

Currently,the bid-ask spread for the USD/NGN at the interbank market is N5+.

Investors who wanted to see out the elections are not comfortable with the recent uncertainty caused by the postponement, so they are making hay while the sun shines. Also note that wealthy Nigerians are not left out in this scramble for the exit door. There is this unfounded fear that elections might not hold so its a flight to safety before anarchy becomes the order of the day.

As for the NSE,I dont know if we would see much volatility in the coming days, as equities are already battered and are trading at the lowest of lows,despite the slight recovery in crude oil prices.

Hear you thee the words of the prophets, we may buy Transcorp @ N1 before the elections if any will hold.
#BacktotheMountain

9free:


Hear you thee the words of the prophets, we may buy Transcorp @ N1 before the elections if any will hold.
#BacktotheMountain

I wish Transcorp would come down to N1. I would gladly buy as much as possible.

Ive been waiting for FBNH @ N5 since last year.

Kagame:
@Franklinrich

You are correct.

Currently,the bid-ask spread for the USD/NGN at the interbank market is N5+.

Investors who wanted to see out the elections are not comfortable with the recent uncertainty caused by the postponement, so they are making hay while the sun shines. Also note that wealthy Nigerians are not left out in this scramble for the exit door. There is this unfounded fear that elections might not hold so its a flight to safety before anarchy becomes the order of the day.

As for the NSE,I dont know if we would see much volatility in the coming days, as equities are already battered and are trading at the lowest of lows,despite the slight recovery in crude oil prices.

Yes boss .Me thinks the NSE will test more lower lows in the coming weeks.

Make I go join oga 9free for that mountain, hopefully we go see transcorp buy at that em price target.

Kagame:


I wish Transcorp would come down to N1. I would gladly buy as much as possible.

Ive been waiting for FBNH @ N5 since last year.

Yes ooo. After the news on Saturday, I reviewed my entry prices downwards immediately

Kagame:


I wish Transcorp would come down to N1. I would gladly buy as much as possible.

Ive been waiting for FBNH @ N5 since last year.

Just be patient it might get there soon.

Born2berich:


Just be patient it might get there soon.

i am just walking pass, i did not see anything...heheheheheheh

Please when you apply to your stockbroker for withdrawal of funds, how long does it take before the money is paid into your account?

Macford:

Please when you apply to your stockbroker for withdrawal of funds, how long does it take before the money is paid into your account?

StanbicIBTC stock brokers = T+3

Macford:

Please when you apply to your stockbroker for withdrawal of funds, how long does it take before the money is paid into your account?

morgan- shaperly.
same day.

ogadeolu:


It is N20k...Just got info on that last week.
Happy JIJO...hheheheheheeheh

hahaha thanks..actually I'm still a rookie in this investment platform..still doing my technical and fundamental analysis on some selected stocks though.I guess I need a teacher too ..I wish us all success

Good morning @All

What is the best entry price for FLOURMILL?




Cc: myjoy08, 9jafree, Stockbull, born2berich

Wahala dey oooo. GTB selling at 19.90.

Great grand papa bear!

FrankTalk1:
Wahala dey oooo. GTB selling at 19.90.

Great grand papa bear!

down more

lancee:



down more

People are loosing money and you are saying down more?

NAIRA NOW 200 TO A DOLLAR AT INTERBANK.

good day my people, pls how much is the Euro to the naira today at the black market. thank you

bigass:
NAIRA NOW 200 TO A DOLLAR AT INTERBANK.

Very accurate.

Gained in the morning then suddenly depreciated by 2.35% .

Another round of devaluation imminent!

FrankTalk1:


People are loosing money and you are saying down more?

So are people wanting to buy low so they can gain

abeg whats going on with UBA ? make the gurus help shed some light on the continuous fall

FranklinRich:


So are people wanting to buy low so they can gain

That's the irony of the market.

lancee:

down more

Now 19.70

FrankTalk1:


People are loosing money and you are saying down more?

No mind am. That thing dey always vex me

duni04:

No mind am. That thing dey always vex me

Oga no vex oo , ok let it come up
Was just saying my own wish , am not Nse
I thot this is a free forum one can express his/herself , sorry let me keep quite then
Sorry one more time

This is truely the grand papa of all bears that we have been waiting for. Chei!

lancee:



Oga no vex oo , ok let it come up
Was just saying my own wish , am not Nse
I thot this is a free forum one can express his/herself , sorry let me keep quite then
Sorry one more time

Lol no take am personal. We're just two investors with conflicting wants. You want price to go down so u can buy cheap and I want price to go up so I can gain, though I can be a sore loser sometimes

My advise to those @ the receiving end of this BEAR is to HOLD on and not sell for now. If you are a good student on NSE, you will discover that after BEAR of few days, BULL will definitely surface. I won't be surprised if we see Rally by Thursday

Aks:
My advise to those @ the receiving end of this BEAR is to HOLD on and not sell for now. If you are a good student on NSE, you will discover that after BEAR of few days, BULL will definitely surface. I won't be surprised if we see Rally by Thursday

Thanks bro. Good advice. But some experts advice setting and selling at a stop-loss point of 6 - 8% loss. With a view to re- entering at a much lower price should the bear continue. What do you think?

FrankTalk1:

Thanks bro. Good advice. But some experts advice setting and selling at a stop-loss point of 6 - 8% loss. With a view to re- entering at a much lower price should the bear continue. What do you think?

It depends on the entry price and Risk appetite of the investor. Thanks to Morgan Capital's negligible Fee also

u guys will not kee me. where is dexter?

Since we already have d great grandpa of the bears, i await the ancestors.