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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11365830 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 4:20pm On Nov 27, 2016 |
ExLaidback: That result is not bad and they have emphasized it severally that they will clean up their balance sheet which is what they are doing.The summary is that bank is not the same like it was last year and they are better but still trying to be better. |
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 6:02pm On Nov 27, 2016 |
angelo82: I know the result wasn't bad. I previously thought it was bad when they brought out the one with the wrong figures. When they corrected it and I listened to their call, I realised the loss isn't that bad. That's what I've tried to explain by calling it artificial 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:46pm On Nov 27, 2016 |
Morgan is back but not updated. I was able to login without any issue. with this I'm sure their tomorrow is sure for trading 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:36am On Nov 28, 2016 |
ExLaidback: FCMB says plans 7.5 bln naira Tier-II debt issue http://af.reuters.com/article/nigeriaNews/idAFL8N1DQ3BF |
Re: Nigerian Stock Exchange Market Pick Alerts by ifeykay(m): 3:25am On Nov 28, 2016 |
emmasoft:I doubt if the problem is with logging in. Are you able to trade ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 8:05am On Nov 28, 2016 |
From Atedo Peterside: I attended an economic outlook session with top economists and top CEOs today and thought to share some of the perspectives. The session looked at Nigeria's economic direction for 2017. The summary: 2017 will be tougher than 2016. The economy will not recover until 2018, even 2019. Inflation will continue to be high (hovering around 20%)and Naira to dollar will remain in the 450s. With money scarce many more businesses will fold up, leading to job losses and more poverty. With inflation and high exchange rate the banks will not be able to give loans and when they do the interest rate will be too high to afford. With high inflation those with paid salaries are now actually earning less, that is if they will be lucky to keep their jobs... The presentation shows that all sectors of the economy (not just oil) are either falling or already in recession (below zero). Signs are all over: British Airways just converted it's Nigerian office into an agency; almost all foreign airlines now fuel in Ghana; many people now smuggle crops and raw materials out to earn dollasrs; 75% of vacant houses in Ikoyi and VI don't have buyers; Shoprite that opened in Ajah in August is still 70% empty as dollars to bring in goods is scarce and customer count is poor; 5 other big supermarkets in Lagos have closed shop etc. The experts' advice: 1. Cash is going to be King and whoever has it or has access to it should preserve it. 2. Spend less than you earn; SAVE for the rainy day. 3. Cut down on avoidable merriment. 4. Expect the worst Christmas in 20 years. 4. Look for dollar or pounds-earning businesses if you can. This is a privileged info, I hope it's useful to you. Good morning all ![]() 13 Likes 3 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 9:49am On Nov 28, 2016 |
Born2berich: cheers for share, my sentiment 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 10:04am On Nov 28, 2016 |
fxuser: Yeah I heard the news earlier, in fact they've gone far in the process but I'm still yet to fully understand how exactly his will impact on their result, I know it's meant to improve their CAR though. |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 10:05am On Nov 28, 2016 |
ifeykay: Access is better but I doubt if one will be able to trade today. |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:14am On Nov 28, 2016 |
Zenith - drops to a 3 month low , breaking below N14 - further down side in play |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 10:18am On Nov 28, 2016 |
FINALLY, MORGAN IS BACK. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 10:23am On Nov 28, 2016 |
kolaish: Yes they are 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:42am On Nov 28, 2016 |
Cadbury -full bid on friday and today |
Re: Nigerian Stock Exchange Market Pick Alerts by Dwizeone: 10:43am On Nov 28, 2016 |
kolaish:The saying that you don't value what you have until you loose it holds true for Morgan itrade. Having said that, they desperately need to improve on their customer care services. I think traders in this forum can help them too. Let's send them mails demanding an improvement in their services not that we are obliged to but out of necessity. My two cents. I use Morgan itrade and wstc-etrader- very good also betters Morgan itrade in my opinion. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by hbrednic: 10:54am On Nov 28, 2016 |
kolaish:PUMP UP THE VOLUME ![]() I have limited quantities of unic insurance shares for sale on first come first serve basis ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:56am On Nov 28, 2016 |
where is LOCO ? morgan is here again ![]() oya copy and post continues ![]() ![]() 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 11:03am On Nov 28, 2016 |
Dwizeone: Hi, Please whats their commission for WSTC, i.e. buying and selling |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:07am On Nov 28, 2016 |
Afri-Prud - jumps back above N3 |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:08am On Nov 28, 2016 |
Access - crosses 5.80 ! - wit above avg vol |
Re: Nigerian Stock Exchange Market Pick Alerts by jarkbauer: 11:09am On Nov 28, 2016 |
Morgan Capital is back but no access to pre-market and that is not morgan fault but users who do abracababra |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 11:17am On Nov 28, 2016 |
fxuser: Thats true, offloading zen, gtb, access this week. ThankGod Morgan is back... |
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 11:18am On Nov 28, 2016 |
fxuser: I saw it at 2.94 last week and my jaw dropped. While people were obsessing with UCAP et al this one was just slowly inching up. Na wa |
Re: Nigerian Stock Exchange Market Pick Alerts by InvertedHammer: 11:23am On Nov 28, 2016 |
Born2berich:/ Good points! Although these should be the guiding principles of life. \ 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 11:35am On Nov 28, 2016 |
fxuser: I can remember the last argument we had here on Afriprud..... The High Interest rates would do these guys well.. Thank God I managed to buy more at 2.55 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Dwizeone: 11:42am On Nov 28, 2016 |
ExLaidback:its high though, 1.35 on both but you can negotiate the commission down if you command high volume, they usually consider HNIs and institunioal investors. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:45am On Nov 28, 2016 |
currentprice: ExLaidback: brov,,, it pain me I too slow to enter the stock was watching and praying to touch N2 with the market condition as quoted above after their Q3 released... but no I missed it at N2.49 I still say it Apriprud is undervalued compare to UCAP which is rightly price. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:25pm On Nov 28, 2016 |
currentprice: AfriPrud got just a 3rd of UCAP's SO. Dem be sisters |
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 12:49pm On Nov 28, 2016 |
currentprice: ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 12:50pm On Nov 28, 2016 |
Dwizeone: Thanks, in Morgan we trust then 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:52pm On Nov 28, 2016 |
ExLaidback: looks like a fake out ! bids dried up we wud know by 2.29pm |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:00pm On Nov 28, 2016 |
Forte Oil - full offer , no buyers . - drops below N60 #nawa who Otedola offend ? |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:04pm On Nov 28, 2016 |
fxuser: bears no gree ! SP drops further bargain hunters will be watching this very closely if there are any left sef |
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