UBA why are going down again?...........

mercylicious:
I didn't buy anything today. Skyebank dey fear me, it will gain but d the reverse is likely to be sharp . The ppl that have d stock am interested in dont want to sell.

Anyway, am waiting for another bear. I need to drink origin.

When that bear comes you will be scared to enter market, and start waiting for another bull.
Analysis paralysis.

unitybank will give 15% soon

zendi:
When that bear comes you will be scared to enter market, and start waiting for another bull.
Analysis paralysis.

lol

[quote author=angelo82 post=33889611]Yeah....That meeting is important.......



Will there be any major changes ? Don't think so , maybe after may 29th .. Well never can tell , lets wait and see the outcome

What is wrong with Skye?.........The price just dey static...........

Its all probabilities but some people are watching if the currency will be devalued again and that will have a serious bear effect on the market.........



[quote author=lancee post=33890470][/quote]

FrankTalk1:


I too have been in your shoes. Can't find a good bargain since morning.
Hope we are not eyeing the same stocks? Any clues as to your prospective buys?

did all my buying late last year!

This should be good news for the market,I guess..............

http://nairametrics.com/b-r-e-a-k-i-n-g-cbn-reduces-public-sector-crr-to-33/

Highlights of the MPC meeting:



§ The Monetary Policy Committee left the MPR unchanged at 13% with a corridor of +/-200bps.

§ Liquidity ratio was also maintained at 30%.

§ CRR on Public and Private sector was harmonised to 31% (CRR on Private sector was 20% while Public sector was 75%)


source: investment one

sellydion:
Highlights of the MPC meeting:



§ The Monetary Policy Committee left the MPR unchanged at 13% with a corridor of +/-200bps.

§ Liquidity ratio was also maintained at 30%.

§ CRR on Public and Private sector was harmonised to 31% (CRR on Private sector was 20% while Public sector was 75%)


source: investment one

This favors banks, especially Skye bank at this time. There is a lot of good news driving and will drive this Skye rally.... and very soon another massive rally.

paulcube:
This favors banks, especially Skye bank at this time. There is a lot of good news driving and will drive this Skye rally.... and very soon another massive rally.

the news favors banks that are heavy in public sector funds like FBHN and Zenith...

however this should also add some bullishness to the fixed income markets and considering the facts that most banks make a lot of income from their trades here..it should impart positively for them;

in all i will be going in for Zenith asap

feelamong:


the news favors banks that are heavy in public sector funds like FBHN and Zenith...

however this should also add some bullishness to the fixed income markets and considering the facts that most banks make a lot of income from their trades here..it should impart positively for them;

in all i will be going in for Zenith asap

Sir, are you saying banking stocks are in long run on bullish trend...lol

myjoy08:


Sir, are you saying banking stocks are in long run on bullish trend...lol

Monkey ...

finished loading AFRIPRUD... , lets see wat happens

megainvest:
For those looking out for a good deal, study Berger Paints closely. You may find it attractive. Please do your DD; I'm just trying to be helpful here not monkey hunting.

Sir, are u one of the "M's?

Agbalowomeri:


Sir, are u one of the "M's?

M's is an alphabet...lol

On selling stocks!

I have a long term perspective to stock market investment. However, I learnt to sell stocks whenever the cowboys are in town and to return with more units when the hunters have left, most times giving myself huge bonus. For example, I sold all my afriprud around 3.3-3.4, re-entered at 2.5. I intend to sell again between now and July if it gets above 4, otherwise till march, 2016 when uncle T and boys returns. I will sell my eterna the next time the coy declares dividend

Foreign Reserves up from $29.34 billion by end of March 2015 to $30.05 billion as at May 15, 2015...!

Please can any of the elders in the house with good Financial background or depth explain the report below?

sellydion:
Highlights of the MPC meeting:


§ The Monetary Policy Committee left the MPR unchanged at 13% with a corridor of +/-200bps.

§ Liquidity ratio was also maintained at 30%.

§ CRR on Public and Private sector was harmonised to 31% (CRR on Private sector was 20% while Public sector was 75%)


source: investment one

myjoy08:
Foreign Reserves up from $29.34 billion by end of March 2015 to $30.05 billion as at May 15, 2015...!

Becos Buhari has won they are building foreign reserve ! We are watching

myjoy08:
Foreign Reserves up from $29.34 billion by end of March 2015 to $30.05 billion as at May 15, 2015...!

Mr. Bull enjoy ya season, Chiboking will soon take over

Agbalowomeri:


Sir, are u one of the "M's?

For where people like Moneysage, myjoy08 and mercylicious dey? I still dey learn work o. Meanwhile, you must be one of the A's.

sellydion:
Highlights of the MPC meeting:



§ The Monetary Policy Committee left the MPR unchanged at 13% with a corridor of +/-200bps.

§ Liquidity ratio was also maintained at 30%.

§ CRR on Public and Private sector was harmonised to 31% (CRR on Private sector was 20% while Public sector was 75%)


source: investment one

The outcome of the MPC meeting does not look like it would alter the current dynamics of the markets.

If I am not mistaken, FG has begun the implementation of the Treasury Single Account (TSA) ,which means all monies belonging and accruable to the FG,parastatals and MDAs are currently domiciled with the Central Bank of Nigeria (CBN). Hence, a reduction on CRR on public sector deposits is simply an official adjustment to existing realities.

I would rather be a bit worried because the MPC seems to have increased the CRR on private sector deposits, while still retaining the liquidity ratio at 30%.

The net effect would likely be poor liquidity and an increase in the cost of funds for banks and financial institutions.

The National Association of Securities Dealers (NASD) is a trading platform for secondary market transactions of unquoted/unlisted public limited companies in Nigeria.  The NASD, also known as OTC (OVER THE COUNTER) is a market for unquoted securities.

Operators in this environment include issuers of Equity and fixed income instruments, institutional and individual investors, settlement banks, clearing houses, private equity and venture capital firms with a view to increasing liquidity in the unquoted segment of the long-term market.  Forthright Securities and Investment Limited is one of the accredited authorised traders in this market.

Some of the securities currently being traded on the NASD platform are: FRIESLAND CAMPINA NIGERIA PLC, BGL PLC, ARM LIFE PLC, ARM PROPERTIES PLC, IKEJA ELECTRICITY DISTRIBUTION PLC, AFRILAND PROPERTIES PLC, CSCS NIGERIA PLC, NIGER DELTA EXPLORATION PLC, amongst others.

Take advantage

mercylicious:
I didn't buy anything today. Skyebank dey fear me, it will gain but d the reverse is likely to be sharp . The ppl that have d stock am interested in dont want to sell.

Anyway, am waiting for another bear. I need to drink origin.

I want to sell uba now how do you see it?

Skye will loose 2mr

#In"Aks"Voice

Agbalowomeri:
Skye will loose 2mr

#In"Aks"Voice

Lobatan

Do they trade forex in this market?....................

Toluway:
The National Association of Securities Dealers (NASD) is a trading platform for secondary market transactions of unquoted/unlisted public limited companies in Nigeria.  The NASD, also known as OTC (OVER THE COUNTER) is a market for unquoted securities.

Operators in this environment include issuers of Equity and fixed income instruments, institutional and individual investors, settlement banks, clearing houses, private equity and venture capital firms with a view to increasing liquidity in the unquoted segment of the long-term market.  Forthright Securities and Investment Limited is one of the accredited authorised traders in this market.

Some of the securities currently being traded on the NASD platform are: FRIESLAND CAMPINA NIGERIA PLC, BGL PLC, ARM LIFE PLC, ARM PROPERTIES PLC, IKEJA ELECTRICITY DISTRIBUTION PLC, AFRILAND PROPERTIES PLC, CSCS NIGERIA PLC, NIGER DELTA EXPLORATION PLC, amongst others.

Take advantage

Agbalowomeri:
On selling stocks!

I have a long term perspective to stock market investment. However, I learnt to sell stocks whenever the cowboys are in town and to return with more units when the hunters have left, most times giving myself huge bonus. For example, I sold all my afriprud around 3.3-3.4, re-entered at 2.5. I intend to sell again between now and July if it gets above 4, otherwise till march, 2016 when uncle T and boys returns. I will sell my eterna the next time the coy declares dividend

The Presido of JIJO masters

Please note that the above was sent into my mailbox by one of my brokers.