9free:

I still dey oooo..... It is either I swim or sink with my 2000units

the usual afolabi units

angelo82:


Thank God I didn't buy much then...........My brother still curse them till today..............

D only stock in my portfolio dat i look at n still consider nse for d pass 3yrs is GT n Fidson. Others r jus robbery attach. I think d best approach is jus hit n run

angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

peterrichy really pushed me to take that decission when he said, it's opportunity for those traped in oando to offload. Now I m loosing hundreds of thousand


please close your mouth a bit PETER

Elai147:


I remember what my broker said about Oceanic: "if you miss this Oceanic bank IPO, .... (I don forget the remaining part of the warning ). Na the same eye I take dey look dis our lazy elephant. No be bank PHB own dem dey talk again.

This is the reason I call u Elai the high priest. Flesh and blood have not revealed this to you. people are mopping up this share cos of their track record, 4gtn that the impossible is becoming possible these days. Anything can happen to any stock at anytime in NSE.




must it be FBHN amongst all stocks on the floor of NSE

@ myjoy, good morning you no dey sleep. I guess you are an early bird like me.

manie:
@ myjoy, good morning you no dey sleep. I guess you are an early bird like me.

and when do you normally go to bed at night?

veecovee:
peterrichy really pushed me to take that decission when he said, it's opportunity for those traped in oando to offload. Now I m loosing hundreds of thousand


please close your mouth a bit PETER

If Peter pushed you into the bush, pls dont confess it for people to hear.
Peter has right to air his chronic pessimism as myjoy has right to his die hard optimism.
You mix both sentiments in your JIJO laboratory and come up with a balanced decision,
or quietely own up to your mistakes and learn from them, as I do in my case.

The Federal Government is currently working on the 2016 budget that will be between N7tn and N8tn. The figures are higher than the 2015 budget of N4.4tn. Vice President Yemi Osinbajo disclosed this in a paper entitled: ‘The economy – Where we are today’, which he delivered at a presidential retreat organised by the Office of the Secretary to the Government of the Federation for ministers- designate on Thursday. The retreat, which ends today (Friday), is holding behind closed-doors inside the old Banquet Hall of the Presidential Villa, Abuja, and has ‘Delivering change: From precepts to practice’ as its theme. According to a copy of the paper obtained by our correspondent, Osinbajo told his audience that the government was working towards pegging capital expenditure in the 2016 budget at N2tn. This, he said, was against the N1.31tn allocated to capital expenditure in this year’s budget. He further said that while the percentage of capital expenditure to recurrent expenditure in the 2015 budget was 19.4, the government would propose 40 per cent for next year’s budget. Osinbajo said, “The budget process will be zero based, a method of budgeting by which all expenses must be justified for each new budget year. “For the Medium Term Expenditure Framework, the actual 2015 budget is N4.4tn, while the proposed 2016 budget will be N7tn to N8tn. “Capital expenditure for the 2015 budget is N1.31tn, while the proposed capital expenditure for 2016 is N2tn.” The vice president also disclosed that 655 Ministries, Departments and Agencies of the Federal Government had so far registered for the Treasury Single Account domiciled with the Central Bank of Nigeria. He put the number of TSA sub-accounts so far created by the CBN at 755. Osinbajo further said that 518 MDAs had been verified and now had access to the central bank’s accounts. Despite the September 15 deadline given to all the MDAs to key into the TSA system, the vice president said 137 MDAs had yet to comply with the directive. He added that a total of N1.4tn had so far been paid into the TSA to date. A TSA is a unified structure of government bank accounts enabling consolidation and optimal utilisation of cash resources. It is a bank account or a set of linked bank accounts through which the government transacts all its receipts and payments, and gets a consolidated view of its cash position at any given time. While giving an overview of the current state of the nation’s economy, Osinbajo noted that Nigeria experienced its worst economic decline in decades in May 2015. “In May 2015, Nigeria experienced its worst economic decline in decades with sharp decline in oil prices from an average of $105 between 2011 and 2014, to $45 in 2015; foreign reserves at 10- year low of $29.595bn; oil production has declined to 2.05 million barrels per day; and power supply down to less than 3,000MW,” he said. The vice president noted that the insurgency being witnessed in the North-East also led to a decline in agriculture production and an extensive damage to infrastructure. He also noted that extensive corruption and mismanagement of resources were noticed in the Nigerian National Petroleum Corporation’s parallel budgets and what he called the legacy defence expenditure in the North-East. Osinbajo put the budget deficit in 2015 at N1.05tn against the N960bn recorded in 2014, adding that foreign reserves had reduced from $38.4bn in 2014 to $30.2bn this year. The vice president also put the nation’s Absolute Poverty Index at 62.6 per cent, while unemployment was at 8.2 per cent. While putting the population of the poor at 110 million, Osinbajo said most Nigerians had remained poor despite rising revenues and Gross Domestic Product growth because the nation’s main revenue earners, the extractive oil and gas, did not by themselves create many jobs. He also attributed the situation to the irony of a top- down economic model where the major revenue earner was extractive and the value chain was poorly developed. Other factors, according to him, are corruption and lack of transparency; infrastructure problems as well as low spending on health care, education and others. Osinbajo said the nation could get out of possible recession by embarking on massive infrastructure building/renewal programme; social spending/social protection; improved consumer spending and job creation; and expansionist fiscal/monetary policies. punchng.com/2015/11/4273

This news gladdens my spirit... its capable of boosting investors confidence. its achievable with this TSA implementation.

zendi:
If Peter pushed you into the bush, pls dont confess it for people to hear.
Peter has right to air his chronic pessimism as myjoy has right to his die hard optimism.
You mix both sentiments in your JIJO laboratory and come up with a balanced decision,
or quietely own up to your mistakes and learn from them, as I do in my case.

I'm really sorry for your "loss". I have the "loss" in quotes because, you're out of the stock but not out of the market.
You will recover your money by injecting it into another good stock that is down but not out.
Most good stocks will be bullish in late december.

veecovee:
peterrichy really pushed me to take that decission when he said, it's opportunity for those traped in oando to offload. Now I m loosing hundreds of thousand


please close your mouth a bit PETER

you can still thank him, maybe next week or next month. Manipulation in the Nigeria stock exchange market is killing the business. I believe that it's going to stop very soon.

zendi:
and when do you normally go to bed at night?

Latest 9pm, and should be up between 3am and 3.30pm

The price of Nigeria’s sweet crude, yesterday, fell to $46.32 per barrel against $47.17 a barrel it was offered in the market on Wednesday.

Also, the global benchmark, Brent crude oil fell from $50.54 per barrel to $48.58 a barrel as at yesterday.

Besides, multinational oil and gas companies recorded revenue drop in their respective third quarter operations due to the declining crude oil prices.

The oil price slide was attributed to the increase in United States crude supplies.

The latest crude oil price is still below the Federal Government budget benchmark of N53 per barrel.

The price of OPEC basket of 12 crudes was $43.94 a barrel on Tuesday, compared with $44.01 the previous day, according to Organisation of Petroleum Exporting Countries (OPEC) Secretariat calculations.

[http://www.ngrguardiannews.com/2015/11/nigerias-light-sweet-crude-price-falls-to-46-32-a-barrel/]

Chibuking81:
you can still thank him, maybe next week or next month. Manipulation in the Nigeria stock exchange market is killing the business. I believe that it's going to stop very soon.

It is not manipulation, brother. It is market forces of demand and supply, which is ruled by market sentiment. If they are manipulating oando up now, as you imply, why did the manipulators allow it to crash in the first place? Why is nobody manipulating up wemabank? Is it that TOE does not want a better position on the Forbes list that he has allowed transcorp to be suffering under 2, and uba under 4 etc, thereby demoting him on forbes? There are occasional market infractions, and there is the limited impact of market making, but most of this talk of manipulation are mere conspiracy theories to me.

manie:
Latest 9pm, and should be up between 3am and 3.30pm

So you dont like viewing Buhari on network news, conducting chengieee...

PETERiCHY:
The price of Nigeria’s sweet crude, yesterday, fell to $46.32 per barrel against $47.17 a barrel it was offered in the market on Wednesday.

Also, the global benchmark, Brent crude oil fell from $50.54 per barrel to $48.58 a barrel as at yesterday.

Besides, multinational oil and gas companies recorded revenue drop in their respective third quarter operations due to the declining crude oil prices.

The oil price slide was attributed to the increase in United States crude supplies.

The latest crude oil price is still below the Federal Government budget benchmark of N53 per barrel.

The price of OPEC basket of 12 crudes was $43.94 a barrel on Tuesday, compared with $44.01 the previous day, according to Organisation of Petroleum Exporting Countries (OPEC) Secretariat calculations.

[http://www.ngrguardiannews.com/2015/11/nigerias-light-sweet-crude-price-falls-to-46-32-a-barrel/]

if you know what goes on in the spirit, you wouldn't be talking any how in a public place, weather on or offline, especial where people fund is at stake

Chai, this OandO has made some people millionaires in just few days.

Volumes are going high

Oga manie and Elai, how much is OandO share of the approved subsidy payment?

And this talking machine above me(peterichy) pushed me to offload at lost of hundreds of thousand. Well I ve forgiven you, forgotten and woundnt talk about it again. But remember that many are reading and taking actions. Do not contribute to anyone's sorrows.

God bless you Sir

Evansmed finally @carpark.

veecovee:
And this talking machine above me(peterichy) pushed me to offload at lost of hundreds of thousand. Well I ve forgiven you, forgotten and woundnt talk about it again. But remember that many are reading and taking actions. Do not contribute to anyone's sorrows.

God bless you Sir

imagine how many people affected by such comment,,,we know yours because you came out to say it.

new investors please learn to ignore some noise makers

veecovee:
if you know what goes on in the spirit, you wouldn't be talking any how in a public place, weather on or offline, especial where people fund is at stake

Free Peterichy nah. Did you believe the bolded in the first place? I feel your pain selling at N6 or whatever, thinking the price will continue to N3.50k as "authoritatively" stated by the prophet. But you need to invest massively in your own mind first such that you don't see a reason to transfer aggression on anyone's prompting to buy,sell or hold. You need to weigh the options proffered by the optimist and the pessimist, put them side by side before taking a decision. That way, you won't see a reason to blame either.

Final WARNING: There ain't no prophets in here. We have seen this play out, time and time again. We have to grow and leave this level of "follow follow". If the prophets could truly see, they would have told you to sell before the massive sell off, re-enter at N5.99/N6, sell at wherever this rally is headed and go back and wait for it at the supposed destination of N3.50k. But how would they know, when they have not heard? How will they hear, when they were not called?

JIJO dey sweet sometimes o.

entered a stock yesterday, exited today with about 20.4% appreciation. i'm not greedy.

Transcorp don craze oo. On full bid. E dey pain me say I don buy at N2.3. I should have sold when it started crashing and buy at N1.67. This market dey craze.

chukyjones:
JIJO dey sweet sometimes o.

entered a stock yesterday, exited today with about 20.4% appreciation. i'm not greedy.

Enjoy ur loot, pls tell ur JIJO BNSITL the name of the stock, we can still JI to have a bite

spicytayomic:


Enjoy ur loot, pls tell ur JIJO BNSITL the name of the stock, we can still JI to have a bite

Transcorp. though currently on full bid.
Watching FCMB, entering @ 1.92 won't be a bad call (if it can get there again today)