Coolcash1:


This is the funniest and craziest result have ever seen in my years of experience in the market. How can a company use its entire revenue to pay G&A expenses to the extent that nothing is left.. something is very fishy here...I hope someone is not diverting funds meant for the company to his or her pocket.

My advise is this, if you are in this bus for long term you are sitting on a time bomb and ready to loose your money because it's a matter of time before the undertakers come for it. As such, stocks like this are best ignored but if you must deal, let it be short term.

I hereby declare this stock as a JIJO stock.

Honestly, in a sane clime some of the listed companies management with questionable results would have been behind the bars by now....shioor.

The Jijo is only good after this demonstration by the driver and his conductor....
DRIVER: O boy look back for me o
CONDUCTOR: Dey come,dey come,abeg your side......90kobo
DRIVER: Make i park?
CONDUCTOR: Ahhh! malo joo!........80kobo
DRIVER: Make i no fall for gutter o
CONDUCTOR: Abeg straight your hand dey come back jare.......70kobo
CONDUCTOR: E don do oga........otooooooo!..........65kobo

@65kobo, jijo is ok.........house fly wey no dey hear word go follow dead body go burial ground.k

locodemy:


my brother i am not joking oo. i am selling all i have by next week to buy fcmb 100% portfolio..........i will be selling my remaining oando,the whole fbn,maybaker,livestock ...........i must invest in fcmb to the extent even if it is 10 kobo dividend they pay next year,nothing will stop me from collecting #1m from cardinal registrars.yes if i perish i perish.

Now this is funny!

davide470:
Now this is funny!

if you said so..........let it be..........you have your life to live and i have mine to live too.

locodemy:


if you said so..........let it be..........you have your life to live and i have mine to live too.

Lol. Oga, it is funny in a good way.

It's a bold decision and it's quite good too.

megawax8:
Good morning house.

Please, does anyone do equities with molten trust limited? I am trying to help a friend take stock of stocks bought through them since 2005/2007....... Hope they are still active though?

Next, how do I go about transferring socks managed by them to a different platform?

Is investment one a good coy to trade with?

I'd appreciate your advice as always.

Gracias!.

Cc davide470 intendy fxuser anyone

megawax8:


Cc davide470 inte.ndy fxu.ser anyone

Molten Trust is still active as seen on the NSE dealing member directory.

You can do the following:

1. Place a call to NSE/CSCS to inquiry about their address or check Google.

2. Visit Molten Trust to update your account. (This is optional though)

3. Then visit Investment One to open an account and inform them of your intention to move your portfolio from MT.

Wapic's Q3 other income !

#nbst

davide470:
Now this is funny!

serz looking forward to fcmb q3 !

dis:
heavy here also

Nestle hit badly !

fxuser:
Nestle hit badly !

Nestle might be going down to 100Naira.

its fx gains versus fx loss, while d Naira is yet to find equilibrium / stability.
Q4 will ff similar pattern wt possible further devaluation in Q1

Happy New month ahead

this transcorp Q3 is meat for d bears lol . . 50 kobo cometh

angelo82:


Nestle might be going down to 100Naira.

chai
u wan kill all those old papa ni !

fxuser:
this transcorp Q3 is meat for d bears lol . . 50 kobo cometh

you said meat,me i say na worm......you know worm is a parasite............the way worm go take eat the stock no get part 2.

fxuser:

serz looking forward to fcmb q3 !
dis: heavy here also

Assurance of good dividend na wetin dey here be that.

fxuser:


chai
u wan kill all those old papa ni !

Truthfully it won't get that low.

Diamond
- the bears will be in touch this week
- likely switch places with Fidelity sef , who knows
- Diamond eurobond yield at 22% (dats a lot of fear or wat some call junk)
- Fidelity eurobond yield gained from 23% to 18% ! (still junk status)
- FBN eurobond yield was at 25% at some point in Q2, d bulls hav pushed it to 13% !
(no Nigerian bank has defaulted on its payment thus far)

I believe they may switch prices.I mean Fidelity at 1.20 while Diamond will trade at 0.90k.Just my own thought!

angelo82:
I believe they may switch prices.I mean Fidelity at 1.20 while Diamond will trade at 0.90k.Just my own thought!

you too like fidelity while i too like fcmb.......who go listen to each other here?

locodemy:



you too like fidelity while i too like fcmb.......who go listen to each other here?

I never said anything about what I like but just stating the obvious.Mind you,FCMB with good Q3 result will lead the two and that will be good for price movement.

angelo82:
I believe they may switch prices.I mean Fidelity at 1.20 while Diamond will trade at 0.90k.Just my own thought!

Sir, your thought is well presented. Don't compare Diamond with Fidelity!!! They have different player when it comes to market market. Sometimes the result is mere nothing if their are no fast and furious player (market marker)...lol

Godisfaithful:


Sir, your thought is well presented. Don't compare Diamond with Fidelity!!! They have different player when it comes to market market. Sometimes the result is mere nothing if their are no fast and furious player (market marker)...lol

In 2015 maybe but now the market is result driven.But everything is possible as you said and remember some Market makers has lost a lot of money this year alone.

locodemy:


my brother i am not joking oo. i am selling all i have by next week to buy fcmb 100% portfolio..........i will be selling my remaining oando,the whole fbn,maybaker,livestock ...........i must invest in fcmb to the extent even if it is 10 kobo dividend they pay next year,nothing will stop me from collecting #1m from cardinal registrars.yes if i perish i perish.

My Brother you are talking like new face in NSEMPA . so you are buying fcmb because of dividend? . what if fbnh pay dividend of #1.50 and bonus of 1 for 1 or 1 for 5 ? . Remember our proverb as investors/jijo .

...

Nevee:
Respect to all traders in the house. I'm a recent graduate of Economics (2:1), with an internship experience in one of the 3 international investment banks in Nigeria. While I await my NYSC posting scheduled for February/April next year, I'm willing to work in an investment bank/stockbroking house to garner enough experience, even at little or no pay. CV and other details available on request. Please help a brother.

I think the only person who can help you to secure job in any of the big financial institutions in our country is one of our members here that has 16 plots of land and currently working with UBA and the one who transfered 2.2 BILLION to her stock firm for share purchase.
pls contact IHEDIORAMMA to connect you to them.This is my own contribution to you my dear..........goodluck

Nevee:
Respect to all traders in the house. I'm a recent graduate of Economics (2:1), with an internship experience in one of the 3 international investment banks in Nigeria. While I await my NYSC posting scheduled for February/April next year, I'm willing to work in an investment bank/stockbroking house to garner enough experience, even at little or no pay. CV and other details available on request. Please help a brother.

You can just submit a general application since you finished with a good grade. I know quite a number of people who got placement in fortune 200 coys without any connection. One is currently with Interswitch and he was employed before he finished is NYSC.

I believe FAVOUR can also do yours if you believe...You can send a well crafted resume to at least 20 firms and see what will happen.

Please send me a PM and let's talk.

Good luck bro!

please can any of our Investment gurus advice on how good Investment One EasyTrade platform is compared to the others and in terms of there charges when buying or selling.

I am also considering investing in dmb i.e. banks any suggestions I have less than 500k

Thanks in advance

locodemy:


I think the only person who can help you to secure job in any of the big financial institutions in our country is one of our members here that has 16 plots of land and currently working with UBA and the one who transfered 2.2 BILLION to her stock firm for share purchase.
pls contact IHEDIORAMMA to connect you to them.This is my own contribution to you my dear..........goodluck

davide470:
Now this is funny!

Selling every fbnh and others to buy only fcmb? Monkey hunting in progress. Newbies hold on to yr money if confused. Do not fall a monkey. Pls be careful.

Sorry that my response above is for Locodemy who is selling every every n buying only fcmb. Let every1 shine his eyes. No one shd mislead u

locodemy:


I think the only person who can help you to secure job in any of the big financial institutions in our country is one of our members here that has 16 plots of land and currently working with UBA and the one who transfered 2.2 BILLION to her stock firm for share purchase.
pls contact IHEDIORAMMA to connect you to them.This is my own contribution to you my dear..........goodluck

Haba, you still have not forgotten this issue.