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Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:56pm On Oct 23, 2015 |
Just to buttress my previous rant (lol) on Oando and even the NSE we have experienced so far this year. Optimism should be balanced with caution. Access bank was on full offer for a day and the next day switched to full bid. The result was released and market performance was lackluster. I am not a kill-joy but just highlighting the summary of the NSE this year - highly volatile and unpredictable. I am sure many thought UBA will be flying by now but where are we? Why not? But result was good. When it will eventually take off....no one knows. We can only patiently watch and prepare. Taking decisions based on just a day's action might cost us. Let's play safe. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:58pm On Oct 23, 2015 |
It has happened ooooo. Wia is oga SWG1, and B2BR? |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:00pm On Oct 23, 2015 |
Let's not be surprised if uncle T comes to the floor to mop up all the offers on Oando. The guy get plan wella |
Re: Nigerian Stock Exchange Market Pick Alerts by mumu9gerian: 1:02pm On Oct 23, 2015 |
OBAGADAFFI:how do I trade in tbills, is online trading also possible |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:05pm On Oct 23, 2015 |
Elai147: Uncle Wale you mean. |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 1:06pm On Oct 23, 2015 |
myjoy08: Which kind Administrative expenses be this? Wale Tinubu and co don use our money settle themselves! |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:14pm On Oct 23, 2015 |
myjoy08: THEY HAVE REALLY LIVED UP TO THEIR NAME....JOKE OF THE YEAR!!!! abeg na which junction we go begin to wait for this one?? N1 or 50Kobo |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:15pm On Oct 23, 2015 |
9free: Borrowings - 473billion Intangible assets - 245billion Retained earnings - now negative. How did this Coy find itself here? Fear that this coy may be heading towards bankruptcy. Halleluyah, I bailed out long time ago. Heading below #5 like one Oga said here. For all the O n O faithfuls it is well. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:15pm On Oct 23, 2015 |
9free: whether na the money dem take bankroll APC campaign?? make somebody in the know answer for us na!! |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 1:20pm On Oct 23, 2015 |
rebekah2011: Pa Emmanuel Ewumi, abeg no comment on this result/company ooooooohhhhh. Na beg I dey o..... Make wetin happen in 1984 no repeat it self. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:22pm On Oct 23, 2015 |
feelamong: Sir, those guys are conscienceless. They will come up with another version of the result in 1st, 2nd, and 3rd Quarters. Well, karma in life has no excuses. The top shareholders' had pocketed some millions of $$$$$ leaving the ordinary shareholders in derailed of confusion! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 1:24pm On Oct 23, 2015 |
feelamong: See where all men dey struggle to bail out. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:27pm On Oct 23, 2015 |
9free:http://www.nse.com.ng/Financial_NewsDocs/11116_OANDO_PLC_HALF_YEAR_JUNE_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:28pm On Oct 23, 2015 |
Okay now. OandO don spill the beans. So dirty 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 1:30pm On Oct 23, 2015 |
myjoy08: But how are all of these banks making profit in this bleeding economy. This stock should be selling above GTBank |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:32pm On Oct 23, 2015 |
rebekah2011: Sister, banks is the place to be now |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:32pm On Oct 23, 2015 |
ifeykay: A 2nd read of your post after checking the result got me cracking. So Uncle Wale knows there are "matters arising" from this result. Damage control needed on the floor of the NSE. Chai!!! I am almost sure of one thing though, they have a plan to protect the share price. Hence the need for this meeting. Why schedule a meeting same day result was released? The unfolding events might also give us a clue to the 60M units traded the other day. A big boy couldn't just bear it any longer (my own theory). Forget the corresponding price increase.....that one na O and O gimmick. |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:32pm On Oct 23, 2015 |
FBNH result may bring the final bear or mini bull to the banking sector come next week.............. |
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:33pm On Oct 23, 2015 |
9free:I can see light at the end of this dark tunnel, when this will happen I do not know. Our grand children will definitely be around when the story of this company changes. Thank God, I left this company when I did. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:36pm On Oct 23, 2015 |
myjoy08:@ Myjoy, I cant believe this is coming from you. Are you not an Oando insider and a personal person of Wale. I see this company at N5 or less. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:37pm On Oct 23, 2015 |
I just hope Sir Peterichy will understand that the "Cowboys, Shark, and The Men in Black" don't give a damn about your emotion or what you feel about the company. My heart is just bleeding and worrying concerning the innocent investors/traders who used their hard earned money to buy this company shares. Only God know what you are feeling right now... |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:37pm On Oct 23, 2015 |
Manonamission: clearly Wale and friends were mopping up the shares.. but that cannot save them! how many dem wan mop finish..... lets see how much loss their 3rd qtr go post make we fixe entry price........buying Oando wan turn to sports betting soon! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:38pm On Oct 23, 2015 |
manie: oando don make shareholders confused o stock for the future |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:39pm On Oct 23, 2015 |
manie: Sir, read my assertion on Oando on previous post Wale is not the only one controlling the direction of the company. Why not ask the chairman, Otunba? Only ordinary investors/traders are complaining...the lions share of the profit are taken by the shark themselves! |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:39pm On Oct 23, 2015 |
rebekah2011: banks were just selling treasury bills and bonds.. moreover why wont they make money when they collect deposits at 2 -3% and turn round to lend at 25-30% |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:50pm On Oct 23, 2015 |
feelamong: There are too many avenue for banks to make money..............You can imagine that Access charges 40k custodian fee on 10Million Treasury bills and 6k as t.bills commission while some other banks charges only 6k for both custody and commission...........Some banks are plainly robbing peter to pay paul................ |
Re: Nigerian Stock Exchange Market Pick Alerts by manie(m): 1:51pm On Oct 23, 2015 |
myjoy08:But you used to be very optimistic about this stock. I have never hidden my reservations about Wale's strategy or running and ruining the company. I wrote a letter to NSE and SEC to complain about how shareholders were cheated by Wale and his gang in 2012. |
Re: Nigerian Stock Exchange Market Pick Alerts by Excellent7(m): 1:51pm On Oct 23, 2015 |
In times like this, this might be of help to someone: http://nairametrics.com/these-are-8-ways-to-tell-if-a-stock-is-doomed/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:55pm On Oct 23, 2015 |
manie: Absolutely yes sir. That was before when Uncle Wale still treading on the path of conscience. The moment he decided not to listen to some top advisers and heading towards securing some unfavorable deals with some greed investors after the COP at the detriment of ordinary shareholders', then one should think twice. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Aks(m): 2:00pm On Oct 23, 2015 |
@Manie @Manonamission - You are very consistent in your analysis on Oando 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:02pm On Oct 23, 2015 |
myjoy08: he he Mr08joy u didn't tell oando pple this story one chance ..stock for next generation 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:03pm On Oct 23, 2015 |
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