feelamong:
http://nairametrics.com/cbn-reverses-ban-on-48-items/

Nairametrics. In yet another step towards a deregulation of the foreign exchange market, the Central Bank of Nigeria (CBN), has removed the 48 items from the banned list. This seems to be a prelude to a full deregulation of the foreign exchange market. In 2015, 48 items were banned including toothpicks, private jets and palm oil. Here is what we know about the just issued circular:

Importers of the items that were previously banned, will now be allocated $20,000 a quarter.
The importers will be required to provide Form Q.
Applicants for the foreign exchange would be required to have been account holders for at least six months.
Foreign account bank transfer details will be provided along with an invoice.



Ho would this affect Presco and Okomu Oil??

richie9093:


Billions is a maaad series. Anybody wanting to watch it has to start from season 1; season 2 is coming to an end next week. I have learnt new terms in stock trading and how they go for/against traders.

For example, if you had bought shares of Mobil when NIPCO was about to buy 60% of its stake knowing that the stock price will increase after the deal; this is called Arbitrage. Same applies for when Dangote was about to buy TigerBrand.

There is also an episode in season 2 where these guys short the Naira.

Big Short is also a very insightful movie. I just laugh at the people on this forum when they say NSE is the most evil market in the world. Only if you know what kind of Juju happens in NYSE and NASDAQ.

I also recommend Too Big To Fail (a documentary by HBO about 2008 financial crisis -- highly recommended) and Wall Street: Money never sleeps. I highly recommend these two movies. You could add Wolf Of Wall Street too.

If you don't know where to download them, I could give you links.

Like they say, all work and no play makes Jack a dull. Take time to relax and watch these motion pictures to have an idea of how things are in other markets, you'll really really enjoy them.

Good day, brothers.

Stockbiz:


http://punchng.com/breaking-forex-restriction-on-41-items-yet-to-be-lifted-−-cbn/?utm_source=&utm_medium=twitter

makashava:
Waiting to enter Fbnh at handsome price!

locodemy:
Abeg make una manage me as una see me.fcmb never start given returns now but surely must give.
I will be doing this whenever i make some money from subsequent stocks which i am about to purchase.
We all are brothers and sisters here.lets love each other and share ideas in common.GUD NITE.

kentoto:



bros, links please.

yok:
Some stocks in strong uptrend. Strong up trends present less risky opportunity. But, the problem is that you may not experience big gains immediately. On many occasions I have got into equities that seem to be trending, but had to exit in a short period as I was hit by nearly 10% loss within 2 weeks. But, don't worry, I will not recommend a stock that can reverse so fast. Today i will give one, it is for the long term.

You can expect more. PRESCO is it for today. Removing ban on 41 items will not affect a stock like this. Then, the hidden secret again!!!, if the equity reduces in price, there are foreign funds that will pick up the shares (I stop here for now). The price is at a good buying point. However, maximum stop loss to be NGN39.00 as this is a medium term play.

richie9093:


You better put disclaimer before someone comes to attack you in 2 days time for "misleading" them.

I don't know why people are so angry these days, shey Buhari don finally show face? It's not only on this forum, even on Twitter too.

This week alone there has been 2-3 frays on this forum. Over wetin? Because person talk him mind? Isn't that why we are all on this forum, to speak our minds?

If any newbie comes here to pick predictions/suggestions without doing his due diligence and he gets burnt, that clearly is his own fault. If he wants​ to be a real investor, he'll learn from his mistake and do his due diligence next time. Otherwise he should keep off the stock market if he's too lazy to do his own research.

Even in sport betting, you don't go to those sites that predicts scores to pick games without doing your own forecast. This is akin to stock trading too.

Abeg, make una dey calm down oo. If person drop forecast for here, you go buy the stock without DD and you get burnt, you should hit your head on the wall 5 times instead of coming here to castigate people.

Have a nice day.

Coolcash1:
I don't understand why some people will come to this forum and blame others for their inept and poor decision making on their investments. Whether technical, fundamental or "sentimental" analysis, any investor that wants to cut his losses still and MUST carry out personal due diligence!.This point cannot be over emphasized and all NEWBIES must take note!

Generally, stock investing is highly volatile (risky). Both new entrants and experienced traders still suffer shortfall or absolute losses on their investments. However, the difference between them is that an experienced trader has mastered his emotions to the extent he knows when to quickly pull out.

I have come to understand that the reason for this money loss is because of the difficulty in timing Mr. Market. Gurus and financial expert have attempted to do this by using complex financial techniques but to no avail. Honestly, if this process can be known entry and exit of stocks will become easier.

Since nobody can time Mr market, threading softly and discounting people's opinion, advice or recommendations on this forum or else where is key. Including brokers and analysts' advice...To borrow bullbearmkt's word; Always Plan your trade and Trade your plan.

Lastly, as requested before any member giving opinion should endeavour to put disclaimer as this will prevent anyone from being misled.

My take.

Stockbiz:


http://punchng.com/breaking-forex-restriction-on-41-items-yet-to-be-lifted-−-cbn/?utm_source=&utm_medium=twitter

ukay2:
Ogas bullbearMekt , FXUSER etc....

Please how is UBA chart till next week....Bearish or Bullish?

I want to take a decision on UBA today. ..

Thanks for your effort in helping guys here...

BullBearMkt:

-Daily and Weekly charts are bullish
-Yesterday, bears showed appearance
-Any entry decision might be too late as pullback is imminent soon (personal opinion)
-EXIT decision should be based on your trading plans

Best of luck...

Intendy:
stock with new 52 week lows
unity bank #0.50k
stocks with new 52 week highs
air services #4.52k
UBA #6.32k

BullBearMkt:

-Daily and Weekly charts are bullish
-Yesterday, bears showed appearance
-Any entry decision might be too late as pullback is imminent soon (personal opinion)
-EXIT decision should be based on your trading plans
Best of luck...

BullBearMkt:
IS MAYBAKER HISTORY ABOUT TO BE RE-WRITTEN?

Chart 1 below shows 2016 MayBaker stock price movement. Prior to mark down the stock was moving generally sideways and bottom after dividend payment (6 kobo) in April. The rest is story as the stock rallied from 0.8 to 1.23 between May and early July.

Disclamer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.

Tritri:



@yok : Kindly let put a disclaimer as i dont understand dis forum again this days.
@richie9093 GOD bless You ..Thank God you took notice .

kentoto:



bros, links please.

gamaliel9:
fidelity and Nb dividend alerts landed..tasere units

locodemy:
Who else need my five bottles.Drop your genuine acct no,i will credit u now........
waiting here till the next 10 minutes.

locodemy:
So XALERT is back.Just got alert in some of my deals today.We have been paying for a service we dont get for a long time now.why?

fxuser:
Big 4
- expect pull back , stay put !

lancee:



Be like say bull still dey Active

Meanwhile is today not the mark down for FBNH or

lancee:



Be like say bull still dey Active

Meanwhile is today not the mark down for FBNH or