ihedioramma:
he get hope FG may put some money in power (transcorp)

The bobo need deliverance.Everywhere he puts his hand,problem.
He entered oando came out with loss,
entered fbn.....loss,transcorp......standstill......dollar.......downfall.
All his investments don enter one chance.
We go dey pray for him.

Chibuking81:
I thank God, I cancel my FBNH buy order today, with this their notice, am going to wait for them at #2.70 junction.

@ Locodemy I have join your FCMB motor, waiting for their dividend.

I join Dangote group today, i.e Sugar and flour I know that they will deliver.

Oando, I join them today but still looking at them with one eyes

Eterna, as the gave 25k during their last year general meeting that took place on September, they might not give dividend this time, also it is always difficult to sell just 100k unit of their share, I think August will be a good time to join them.

Zenith by the end of this earning period I will sell 90 percent of my share and by Zenith share, the are good to go.

For FBNH sorry . what are you doing with dividend? for all the year they just use your money at end they gave 25kobo and you are happy, why the stock was at #2.90 letter end #3.15 by monday it may get to #3.40 or #3.35 and if you sell you get more than that 25kobo .

locodemy:


The bobo need deliverance.Everywhere he puts his hand,problem.
He entered oando came out with loss,
entered fbn.....loss,transcorp......standstill......dollar.......downfall.
All his investments don enter one chance.
We go dey pray for him.

the thing is that he don't like this goverment and don't want tham to do well so he can make play of them . he use to say sai buhari let him say it now .

locodemy:


The bobo need deliverance.Everywhere he puts his hand,problem.
He entered oando came out with loss,
entered fbn.....loss,transcorp......standstill......dollar.......downfall.
All his investments don enter one chance.
We go dey pray for him.

thot abt it this morning

Are BULLS visiting Eternal Oil Kingdom?

Sentiment Traders, keep Unilever on your WATCHLIST...

Godisfaithful:




Sirs', God bless for this opinion. I asked some questions yesterday about CBN transparent policy in terms of FX policy but message was transformed as a mere opinion. I have so many concerns about this CBN...their defense of Naira is well understood but not justified when compared with what's at stake. We are going to loose more at the long run when electioneering period start approaching. As i said once again, so many scrupulous and detailed information about foreign exchange policy are still missing with both fiscal and monetary policy bodies in Nigeria. What happened if CBN has no $$$$ to supply to the market again

Question for everyone!!!

The bolded was the cause of our economic problem.
Now that they have some dollars to support the naira let them continue because it has always been like that. Hopefully when the economic recovery plans on ground begin to yield fruit, our dependence on oil will be minimal. With dangote refinery coming on board, there is hope for Nigeria.
The speculators may not win this time.
Nigeria 1 - 0 Speculators.

The octopus, I heard the dollar is now 380! Time to buy more.

leo1234:


The bolded was the cause of our economic problem.
Now that they have some dollars to support the naira let them continue because it has always been like that. Hopefully when the economic recovery plans on ground begins to yield fruit, our dependence on oil will be minimal. With dangote refinery coming on board, there is hope for Nigeria.
The speculators may not win this time.
Nigeria 1 - 0 Speculators.

The octopus, I heard the dollar is now 380! Time to buy more.

BullBearMkt:
Are BULLS visiting Eternal Oil Kingdom?

Upon all the demand for eterna oil yesterday,only 281,000 units were traded.I dont like a stock that is too difficult to buy and also difficult to sell.
These are the reasons i have FBN in mind.Even at the bearish period,the stock can be sold.
NSE should just look into eterna oil free float difficiency to make it liquid for all.

Bro bull & bear........the bull is not for you o but for them them(players)

Chibuking81:
I thank God, I cancel my FBNH buy order today, with this their notice, am going to wait for them at #2.70 junction.

@ Locodemy I have join your FCMB motor, waiting for their dividend.

I join Dangote group today, i.e Sugar and flour I know that they will deliver.

Oando, I join them today but still looking at them with one eyes

Eterna, as the gave 25k during their last year general meeting that took place on September, they might not give dividend this time, also it is always difficult to sell just 100k unit of their share, I think August will be a good time to join them.

Zenith by the end of this earning period I will sell 90 percent of my share and by Zenith share, the are good to go.

When i saw the fbn notice,i was very much happy becos that is another goldmine for me.The extension will help me to get prepared and to bergain at a comfortable price.My fcmb dividend might be available by the time their result will be released.I must use fcmb and fbn to make money this year(by the grace of God)

locodemy:


Upon all the demand for eterna oil yesterday,only 281,000 units were traded.I dont like a stock that is too difficult to buy and also difficult to sell.
These are the reasons i have FBN in mind.Even at the bearish period,the stock can be sold.
NSE should just look into eterna oil free float difficiency to make it liquid for all.

Bro bull & bear........the bull is not for you o but for them them(players)

Yes my brother, I don't like to trade any stock with average daily volume less than 800K on NSE... this was a request from one of the attendees of yesterday's presentation's trial

locodemy:


When i saw the fbn notice,i was very much happy becos that is another goldmine for me.The extension will help me to get prepared and to bergain at a comfortable price.My fcmb dividend might be available by the time their result will be released.I must use fcmb and fbn to make money this year(by the grace of God)

A big AMEN to that...

leo1234:


The bolded was the cause of our economic problem.
Now that they have some dollars to support the naira let them continue because it has always been like that. Hopefully when the economic recovery plans on ground begin to yield fruit, our dependence on oil will be minimal. With dangote refinery coming on board, there is hope for Nigeria.
The speculators may not win this time.
Nigeria 1 - 0 Speculators.

The octopus, I heard the dollar is now 380! Time to buy more.

Bro let them continue to pretend like they are not aware CBN has been defending the Naira since time immemorial.

Even bigger economy like Russia, China, Israel support their currency from time to time by pumping. Na today day break for some people eye.

edit: Another positive in the recovery process worthy of mention, is that we're becoming rice sufficient. You don't need to be told how much pressure rice importation put in our FX

leo1234:


The bolded was the cause of our economic problem.
Now that they have some dollars to support the naira let them continue because it has always been like that. Hopefully when the economic recovery plans on ground begin to yield fruit, our dependence on oil will be minimal. With dangote refinery coming on board, there is hope for Nigeria.
The speculators may not win this time.
Nigeria 1 - 0 Speculators.

The octopus, I heard the dollar is now 380! Time to buy more.

I fault your sense of reasoning. There is no country that has successfully defended its currency and won. For instance, russia, saudi arabia, venezuela, argentina tried it and failed woefully...Until CBN faces reality and do the needful, its just a matter of time before the trend reverses and speculators will continue to win

locodemy:


Upon all the demand for eterna oil yesterday,only 281,000 units were traded.I dont like a stock that is too difficult to buy and also difficult to sell.
These are the reasons i have FBN in mind.Even at the bearish period,the stock can be sold.
NSE should just look into eterna oil free float difficiency to make it liquid for all.

Bro bull & bear........the bull is not for you o but for them them(players)

Give me three other names of stocks that is difficult to sell and buy ?

Coolcash1:


I fault your sense of reasoning. There is no country that has successfully defended its currency and won. For instance, russia, saudi arabia, venezuela, argentina tried it and failed woefully...Until CBN faces reality and do the needful, its just a matter of time before the trend reverses and speculators will continue to win

If what CBN is doing is similar to quantitative easing, then we are in for a revamp of our economy, only if properly managed. US did it successfully...

Godisfaithful:




Sirs', God bless for this opinion. I asked some questions yesterday about CBN transparent policy in terms of FX policy but message was transformed as a mere opinion. I have so many concerns about this CBN...their defense of Naira is well understood but not justified when compared with what's at stake. We are going to loose more at the long run when electioneering period start approaching. As i said once again, so many scrupulous and detailed information about foreign exchange policy are still missing with both fiscal and monetary policy bodies in Nigeria. What happened if CBN has no $$$$ to supply to the market again

Question for everyone!!!

Just some salient points worth mentioning, CBN has been supplying Dangote refinery with forex, that refinery which is expected to come on stream next year is pivotal to reducing the demand for dollars, more than 60% of our forex expenditure is on importation of crude oil products-PMS specifically, Dangote refinery will effectively banish it as we wouldn't need to import anymore or reduce importation substantially, this will free up forex or other purposes. Now if the price of crude oil hover above $50 through out the year, which is above the budget benchmark ($48) CBN will have some dollars to intervene in the market at least to control the dollar surge in the parallel market until next year when Dangote refinery comes on stream. In between, the economy is already coming out of recession, FDI may just increase marginally. That's a strategy for CBN.

Taking all in all, while we hedge against the Naira consider the ifs, it may not stack up in our favour.

ihedioramma:
Give me three other names of stocks that is difficult to sell and buy ?

NPF,JULIUS BERGER,CONOIL,CHAMPION BREW........

locodemy:


NPF,JULIUS BERGER,CONOIL,CHAMPION BREW........

including 7UP

Zenith
- bearishness is not over
- RSi making lower highs and 50
- Macd below zero
- macd below signal line since 24 Jan
- if you are betting on a reversal , be very very patient

Coolcash1:


including 7UP

dem plenty
i dont even look at them

Good Morning all

i need an enlightenment

i have an account with a stockbroker on which there is an e dividend mandate for all my stock with them (including zenithbank which i had sold b4 closure of register but did receive e dividend for this set of zenith during the interim)

i have another account with morgan with the same CHN number as above. ( i have zenith shares in it)

i would like to know if d dividend of the zenith bank shares i have with morgan wld b paid electronically considering that the CHN number is d same as that of my old stockbroker

Access
- pull back still ongoing
- macd crossed below signal line on 26 jan , sloping downwards till date
- RSI dropped to oversold levels below 30
- watch for support , possibly 5.60 area

Good Morning all

i need an enlightenment

i have an account with a stockbroker on which there is an e dividend mandate for all my stock with them (including zenithbank which i had sold b4 closure of register but did receive e dividend for this set of zenith during the interim)

i have another account with morgan with the same CHN number as above. ( i have zenith shares in it) however i dont have an e- dividend mandate on the morgan account

i would like to know if d dividend of the zenith bank shares i have with morgan wld b paid electronically considering that the CHN number is d same as that of my old stockbroker (though i dont have e-dividend mandate on the morgan account)

Coolcash1:


I fault your sense of reasoning. There is no country that has successfully defended its currency and won. For instance, russia, saudi arabia, venezuela, argentina tried it and failed woefully...Until CBN faces reality and do the needful, its just a matter of time before the trend reverses and speculators will continue to win

.....Russia still do periodic intervention in their currency market. All the country you listed with the exemption of Argentina are oil dependent. The were unable to continue because of crash in oil price. Where do you expect them to get FX when they dont export much outside oil. Now, they understand there is need to reduce dependency and diversify.

UBA

- there is still some positive sentiment left in the tank
- RSI in a sweet point
- 50 dma still above 200dma (bullish trend)
- 20 dma >50dma
- there is still room for another minor rally

ihedioramma:
How much did they pay ? .

Last year

UACN paid - 100 kobo
UNILEVER PAID - 5K

GTB
- still has some legs
- SP in above major trend lines

robobo:
Good Morning all

i need an enlightenment

i have an account with a stockbroker on which there is an e dividend mandate for all my stock with them (including zenithbank which i had sold b4 closure of register but did receive e dividend for this set of zenith during the interim)

i have another account with morgan with the same CHN number as above. ( i have zenith shares in it)

i would like to know if d dividend of the zenith bank shares i have with morgan wld b paid electronically considering that the CHN number is d same as that of my old stockbroker

kindly check the email my registrar(cardinal) sent to me when i made similar enquiry from them below.You can not have same CHN using two brokers.Your cscs acct number and CHN must differ.pls check very very very well.If you have zenith bank shares in house A and zenith bank shares in house B.You must notify your registrar so that they will incorporate the two when paying you dividend.Pls kindly check the email and find it useful to solve your problem.


Dear Sir,
 
Thank you for the email.
 
Please, be informed that the account has been mandated, and any purchase of FCMB shares with the same Clearing House Number(CHN) would automatically reflect in the account initially created.
 
Also, the only reason why you would need to inform us of a new purchase is if you purchase your shares with another House, aside from the one we have initially.
 
If any dividend is declared this year it would be credited directly into your account, because there is a mandate in place.
 
Best Regards,
 l

Oando
- held above 5.00 support (entry)
- a break above 5.20 most welcomed

locodemy:
FCMB SHAREHOLDERS,kindly read and digest the events calendar of FCMB in 2017.
E be like na MAY we go chop the dividend because i dont think payment will come before the AGM.Agm is coming up on the 28 April 2017.

Upcoming Events
03/30/17 FY16 (Audited) Results To Be Released On The Nigerian Stock
Exchange (NSE) - Tentative Date
days
03/31/17 FY16 (Audited) Results To Be Published In Selected Nigerian National
Newspapers - Tentative Date days
03/31/17 3:00
p.m. UKT
FY16 (Audited) Results: Conference Call & Webcast Presentation -
Tentative Date days
04/28/17 1Q17 (Unaudited) Results To Be Released On The Nigerian Stock
Exchange (NSE) - Tentative Date days
04/28/17 11:00
a.m. UKT FCMB Group Plc - 4th Annual General Meeting days
05/02/17 1Q17 (Unaudited) Results To Be Published In Selected Nigerian
National Newspapers - Tentative Date
days
05/02/17 3:00
p.m. UKT
1Q17 (Unaudited) Results: Conference Call & Webcast Presentation days
07/28/17 HY17 (Unaudited) Results To Be Released On The Nigerian Stock
Exchange (NSE) - Tentative Date days
07/31/17 HY17 (Unaudited) Results To Be Published In Selected Nigerian
National Newspapers - Tentative Date days
07/31/17 3:00
p.m. UKT HY17 (Unaudited) Results: Conference Call & Webcast Presentation -
Tentative Date days
11/29/17 3Q 2017 Unaudited (containing Bank’s Audited) Results To Be
Released On The Nigerian Stock Exchange (NSE) - Tentative Date
days
11/30/17 3Q 2017 Unaudited (containing Bank’s Audited) Results To Be
Published In Selected Nigerian National Newspapers - Tentative Date days
11/30/17 3:00
p.m. UKT
3Q 2017 Unaudited (containing Bank’s Audited) Results: Conference
Call & Webcast Presentation - Tentative Date days

Just a reminder for those us who have not seen or heared of it.