rebekah2011:
There is pre-market offer on Morgan Itrade now. But people will never learn sha. What is the 4 units, 35 units bid and sell I am seeing.

what I know is this, from 9.30am - 10.00am traders can log in trades which is part of pre-market, from 10-15am, no trades goes through to the exchange, in fact it is rejected outrightly. Market officially opens by 10.15am, stockbroking softwares from different vendors handle this differently, so it is not a crime to place trades during these times as the software( trading machine) has been programmed to handle it.

Dwizeone:
what I know is this, from 9.30am - 10.00am traders can log in trades which is part of pre-market, from 10-15am, no trades goes through to the exchange, in fact it is rejected outrightly. Market officially opens by 10.15am, stockbroking softwares from different vendors handle this differently, so it is not a crime to place trades during these times as the software( trading machine) has been programmed to handle it.

There is a rule that precludes bids or offers less than 100units during pre market period

Coolcash1:
Guys and gals what do you make of Transcorp. Though a bad company but will be sweet for JIJO. Thinking of hoping into the bus but is the price okay for entry? Coz it's important to take position early before Uncle Tony and his cowboys perform their magic again

Who says Uncle Tony is not tired too.

Abeg weting FO do market

from N10 to over N300

now from over N300 to ?

currentprice:
imagine if someone moping first bank years back because they always paid N1 dividend

remind me how much then they pay now self

They will probably still pay good dividends, at least according to the last call transcripts I read... The dividend monies have been coming from the other group businesses not the bank

currentprice:
Abeg weting FO do market

from N10 to over N300

now from over N300 to ?

If you use a price to dividend ratio of 10, then Forte Oil cannot be worth more than N30 which is why I have not looked at the stock since the beginning of the year... might reconsider if it goes below N40

(Disclaimer: I am biased because it burnt my hand in 2011)

currentprice:
Abeg weting FO do market

from N10 to over N300

now from over N300 to ?

When will this dumping be over. Our fingers don burn finish for this stock.

ogoo4real:



When will this dumping be over. Our fingers don burn finish for this stock.

When it gets to N30

OBAGADAFFI:


When it gets to N30

Re u sure it won't even get to 10 before Xmas break.

ogoo4real:


Re u sure it won't even get to 10 before Xmas break.

Well that means Oando, will be welcoming a brother.

OBAGADAFFI:


Well that mean it Oando, will be welcoming a brother.

Most likely...

oga current,where do you belong to? abi neutral?

oga Loco

i belong to the winning stockfish

pls remember current when you become fcmb board director

one member here currently at the top member board of Oando when his company successfully bought lion share when oando was selling around N20

currentprice:
oga Loco

i belong to the winning stockfish

pls remember current when you become fcmb board director

With 50 million units and above,we will be approaching the board level.........surely,i will remember you.....

FCMB
bears turn up
on full offer
sweet spot is N1.00

fxuser:
FCMB
bears turn up
on full offer
sweet spot is N1.00

1.02 support turning up

fxuser:

1.02 support turning up

Need more @ #1.00 flat.........i dont see it going below that level........

For me FCMB is very simple.

It is a very good buy at N1.0x. Should it fall well below N1.00 to maybe 80k, then it becomes an even better buy. In fact a must buy (for me).

Strictly speaking, there's nothing super fantastic about GTB's current fundamentals compared to say FCMB, UBA or Zenith. They are struggling with NPLs just like everyone else, but have a strong online presence (and this significantly helps their fee and commission income). Well, they also have a consistent track record in their favour which spurs NSE sentiments which in turn makes some difference - especially for a short term investor. But that's it. (Caveat: I get beef for GTB, cos they're over hyped in my opinion )

So while the NSEASI might be expected to drop further with lower highs this coming year, the rough place FCMB found themselves last year where they couldn't release 3rd QTR 2015 till Jan 2016 and almost made loss, is not what they have this year. They've recovered considerably. So while they'll still drop like everyone else in the Jan/Feb bear, I don't expect it to be too much compared to others.

Summary: The market remains king. My analysis remains an opinion.

Volume leaders Top 5

Wema 356m
diamond 63.5m
fcmb 14.6m
Eti 9.4m
wapic 6.0m

DISCIPLINARY ACTION AGAINST APPROVED PERSONS OF THE EXCHANGE

This is to notify all Dealing Member Firms that the Disciplinary Committee of The Exchange has taken the following decisions against the Authorized Dealing Clerks as listed below:

1. Mr. Taju Folaji Unauthorized sales of clients? shares Revocation of registration as an Authorized Clerk
2. Mr. Ichie Mike Ejezie Unauthorized sales of clients? shares Revocation of registration as an Authorized Clerk
3. Mr. Segun Adebayo Adams Unauthorized sales of clients? shares Revocation of registration as an Authorized Clerk

Also, the following decision has been taken against an Accountant of a Dealing Member Firm as listed below:

1. Mr. Olorunfemi Ayorinde Unauthorized transfer and sales of clients? shares
Blacklisted from carrying out capital market activities with Dealing Member Firms of The Exchange.

Dealing Members are strongly advised not to engage in any activity with the above listed individuals.

Furthermore, Dealing Members are also reminded that Rule 6.12: Specific Actions Requiring Prior Consent of The Exchange, Rulebook of The Exchange, 2015 (Dealing Members? Rules) which states that ?
A Dealing Member shall not be allowed to do any of the following without the prior written consent of The Exchange: 3.Employ any of the following:

A.Directors, Authorized Clerks or other persons including Principal Officers such as the Chief Executive Officer, Chief Finance Officer, Chief Compliance Officer and Chief Risk Officer, who have been indicted by The Exchange or the Commission.

B. Any person who was an officer or employee of a Dealing Member expelled from The Exchange;

C. Any person expelled, as an Authorized Clerk or its equivalent, from any other exchange;

D. Any person refused admission as a member of the Chartered Institute of Stockbrokers or any person expelled from its membership;

E. Any person expelled as a member of any Professional Association or Institute;

F. Any person who is insolvent or has been convicted of theft, fraud, forgery, or any other crime involving dishonesty?. Please be guided accordingly.

stocks with new 52 weeks low
Honeywell #1.02k
FO #53.85k
stock with new 52 weeks high
Mobil #241.89k

Intendy:
stocks with new 52 weeks low

Honeywell #1.02k

FO #53.85k

stock with new 52 weeks high

Mobil #241.89k

I think PZ should be on the list. It closed N13.72

Intendy:
stocks with new 52 weeks low

Honeywell #1.02k

FO #53.85k

stock with new 52 weeks high

Mobil #241.89k

We told them to buy they said it's petty bank stocks they prefer. Anyways, in case you miss this bus you can hop into Total bus which is about to move again....

My One Cent...

Coolcash1:


We told them to buy they said it's petty bank stocks they prefer. Anyways, in case you miss this bus you can hop into Total bus which is about to move again....

My One Cent...

Oga, why spend money buying expensive stock, when you can mop up premium stocks below N25 .

Thank GOD we are now witnessing the STOCKARMGEDDON we warned about.

All the same history always has a way of repeating itself.

Whenever FO gets to subN8, we will break the bank.

PATIENCE is KEY.

*ThE OcToPuS*

Now is the best time to buy UCAP. Strictly for discerning investors.

OBAGADAFFI:



Oga, why spend money buying expensive stock, when you can mop up premium stocks below N25 .

Examples of premium stocks?

Please wake me up when FO gets to N5....

In the coming days I'm going to be defending a particular stock... Watch out, it's leaving its relegated spot any moment soon.

THE BIG SMART GUY

There is too much money already... I'm getting positioned to inject so much... WATCH OUT

THE BIG SMART GUY