Coolcash1:
MTN coming to the market is a good one as it will help to deepen our market. Government should encourage other big players in the teleco industry to do same. As a matter of policy, government should make a policy compelling coys with turnover over N1B to list its shares on the market. To also encourage potential coys with plans to come to the market, SEC should reduce cost of listing and multiple taxation in the capital market.

My advise to newbies is that they should not rush to buy the shares (MTN) when it's finally listed regardless of the hype and frenzy around it based on experience.[i][/i][color=#990000][/color]

My boss, this was exactly my point. You have made my day.
Let the market expose the TRUE VALUE first.
The stock can even be bought by our grandchildren just like you can still buy FBNH even on Monday. Let time test it.
When you take care of risk, profit takes care of itself.
Thanks again for this post.
Newbies, please take this serious.
Money is MOST TIMES made before listing and you might just rush in to bail the sharks, especially with MTN's PERCULIAR LISTING..

Dangote Secures $1b Funding Package from Afreximbank
http://www.businesspost.ng/2017/07/01/dangote-secures-1b-funding-package-afreximbank/

DeRuggedProf:


My boss, this was exactly my point. You have made my day.
Let the market expose the TRUE VALUE first.
The stock can even be bought by our grandchildren just like you can still buy FBNH even on Monday. Let time test it.
When you take care of risk, profit takes care of itself.
Thanks again for this post.
Newbies, please take this serious.
Money is MOST TIMES made before listing and you might just rush in to bail the sharks, especially with MTN's PERCULIAR LISTING..

does this has similarity with jah-iz

soloniger:
does this has similarity with jah-iz

holm:

Stable Economic Policies Vital to SMEs Growth in Nigeria—LLCI
www.businesspost.ng/2017/07/02/stable-economic-policies-vital-smes-growth-nigeria-llci/

SEC Extends e-Dividend Registration Deadline
http://www.businesspost.ng/2017/07/02/sec-extends-e-dividend-registration-deadline/

dipoolowoo:
SEC Extends e-Dividend Registration Deadline
http://www.businesspost.ng/2017/07/02/sec-extends-e-dividend-registration-deadline/

Good .

The Cable
Gross earnings amounted to N141.30 billion for FBN Holdings at the end of the first quarter, a year-on-year growth of 31.3

ZikkyChops:
The Cable
Gross earnings amounted to N141.30 billion for FBN Holdings at the end of the first quarter, a year-on-year growth of 31.3

the stock go blow out dis wk b dat.

AMEN O .

ZikkyChops:
The Cable
Gross earnings amounted to N141.30 billion for FBN Holdings at the end of the first quarter, a year-on-year growth of 31.3

This is a stale new? The new became public after the AGM in May, that was why FBN moved from less than N4.00 to the current price of about N6.00

STOCK MARKET NOT A BANK AND NEXT SUPPORT FOR MAY AND BAKER LIKELY TO BE NGN3.43

The trapping of some investors fund getting trapped in May and Baker is a big lesson, that the stock market is not a bank where you can just leave your gains (better to cash out from time to time). Also, better not to start calculating profits until you actual get your funds out of the market.

However, some major pharmaceutical have been recovering from the recent losses. Looking at the recovery in Glaxo and Fidson, the probability of the losses in May and Baker abating is likely as shown by the chart below. For this reason, since my gain is about to disappear (bought at 3.49), I have decided to withdraw my sale instruction, was an unpalatable decision, but this is the stock market, prices moves up or down.

On CCNN, depending on your purchase price, one may still wait to exit in the 1st 3 days of trading for the week. There seems to be some liquidity here compared with M & B

yok:

STOCK MARKET NOT A BANK AND NEXT SUPPORT FOR MAY AND BAKER LIKELY TO BE NGN3.43

The trapping of some investors fund getting trapped in May and Baker is a big lesson, that the stock market is not a bank where you can just leave your gains (better to cash out from time to time). Also, better not to start calculating profits until you actual get your funds out of the market.

However, some major pharmaceutical have been recovering from the recent losses. Looking at the recovery in Glaxo and Fidson, the probability of the losses in May and Baker abating is likely as shown by the chart below. For this reason, since my gain is about to disappear (bought at 3.49), I have decided to withdraw my sale instruction, was an unpalatable decision, but this is the stock market, prices moves up or down.

On CCNN, depending on your purchase price, one may still wait to exit in the 1st 3 days of trading for the week. There seems to be some liquidity here compared with M & B

between 2.70 to 3.43

WHAT IS THE MARKET DIRECTION IN JULY?
Historically, the month of July is more bearish than bullish. As indicated in the table below, between 2002 and 2016, 63% of the time, July is more bearish than 47% it is bullish. Breaking this further down; the years we witnessed explosive bullishness on NSE (between 2002 -2007), July was more bullish as 67% of the times, July ended in price appreciation in the market. On the other hand, between 2008 - 2016, which are the worst years on NSE, the market price appreciated as little as 33% of the time.

Considering above statistics, where will be market direction go this month?

Let start by looking at recent activities this year. From mid April, NSE ASI has since created new 52 week high with many stocks creating new highs every single day as investors' sentiments keep increasing. On top of this, Nigeria economy is said to be coming out of recession as the country's GDP has been consistently growing. All these are pointing to the fact that we are in a bullish year.

Analysing recent market activities, last week Friday's market close was bearish, but that is what I call, "a good bear". Using 5 mins chart, bears initially drove market price down to 32,766 before the bulls came in forcefully and took the price up to 33,117 in order to ensure that NSE price depreciation is kept "low" at -0.46%. Adding market close with previous 3 day candlestick gives a Doji pattern. Meaning for 4 consecutive days market cannot decide which direction to take the price to.

Technically, from the close of Friday, price can go either up or down. So, future trading days are critical to determine market direction in July. If price can close above the highs created in the last 4 days (on high volume), more bulls will be introduced into the market, however, if bears can attack the market ferociously and dominate, a close below the low of the last 4 days will further drive the price down!

REASONS FOR PRICE GOING UP IN JULY
-We are in a bull market
-Growing investors' sentiments
-Growth in GDP and Manufacturing index
-NSE 30 most capitalised stocks Q2 reports to be more positive and market perception of such reports
-Oil price Rising cum Falling in value of Dollars globally: Major determinants will be this week's FOMC meeting and US Nonfarm Payroll reports


REASONS FOR PRICE GOING DOWN IN JULY
-Historically, July favours bears more than bulls
-Many banks exposure to NPL
-Unforeseen unrest locally & govt handling

WHERE DOES BULLBEARMKT STANDS?
Let me state before hand that market does not respect individual opinion or analysis, what we are just doing is to provide educative prediction based on experiences.
If the price can close above previous 4 days high as explained before, I am of the opinion that with the high market sentiments and growth in economic data, July is more likely to end in price appreciation. My trading plan is to pick stock(s) of interest and look for long-term support level to place my entry with a pre-determined stop loss, which I can easily control and allow market to determine my profits (if any).

Welcome you all to the month of July (the month of "7")... what does 7 means to you?

I like to share your optimism. Moreso we are in earnings month that could change a lot of the dynamics...honeywell already post good result...More to come!
Happy new week.

BullBearMkt:
WHAT IS THE MARKET DIRECTION IN JULY?

Welcome you all to the month of July (the month of "7")... what does 7 means to you?

Nice one
I remain bullish esp with stocks >50dma, lov d pub backs to respected trend !


dis:
major hold: zenith
minor hold: access, fbn , uba
Short play: FO, transcorp, diamond, fidelity
Defensive hold : Nbrew , dang flour

hav a blessed and fruitful half year ahead

FCMB
- Unimpressive Q1, dont expect impressive Q2.

#ported

Good morning house, where have you been ,ufotty or u changed ur moniker?

Equities’ investors at the stock market are smiling to the bank as they netted more than N2.2 trillion gains in the first half of the year. Most quoted equities closed the first half at the weekend at their four-year best performance with double-digit returns ahead of inflation. Most investors saw their portfolios rising by almost a quarter, while others garnered more than double the average benchmark. The six-month average year-to-date return at the weekend stood at 23.23 per cent, almost seven percentage points ahead of the current inflation rate of 16.25 per cent. In monetary terms, the year-to-date gain stood at N2.2 trillion, underlining the fact that the appreciation in market value was driven by share price increases rather than new listings. Aggregate market value of all quoted equities on the Nigerian Stock Exchange (NSE) closed the first half at N11.452 trillion as against 2017’s opening value of N9.247 trillion, representing net capital gain of N2.205 trillion or 23.85 per cent .

BullBearMkt:
WHAT IS THE MARKET DIRECTION IN JULY?
Historically, the month of July is more bearish than bullish. As indicated in the table below, between 2002 and 2016, 63% of the time, July is more bearish than 47% it is bullish. Breaking this further down; the years we witnessed explosive bullishness on NSE (between 2002 -2007), July was more bullish as 67% of the times, July ended in price appreciation in the market. On the other hand, between 2008 - 2016, which are the worst years on NSE, the market price appreciated as little as 33% of the time.

Considering above statistics, where will be market direction go this month?

Let start by looking at recent activities this year. From mid April, NSE ASI has since created new 52 week high with many stocks creating new highs every single day as investors' sentiments keep increasing. On top of this, Nigeria economy is said to be coming out of recession as the country's GDP has been consistently growing. All these are pointing to the fact that we are in a bullish year.

Analysing recent market activities, last week Friday's market close was bearish, but that is what I call, "a good bear". Using 5 mins chart, bears initially drove market price down to 32,766 before the bulls came in forcefully and took the price up to 33,117 in order to ensure that NSE price depreciation is kept "low" at -0.46%. Adding market close with previous 3 day candlestick gives a Doji pattern. Meaning for 4 consecutive days market cannot decide which direction to take the price to.

Technically, from the close of Friday, price can go either up or down. So, future trading days are critical to determine market direction in July. If price can close above the highs created in the last 4 days (on high volume), more bulls will be introduced into the market, however, if bears can attack the market ferociously and dominate, a close below the low of the last 4 days will further drive the price down!

REASONS FOR PRICE GOING UP IN JULY
-We are in a bull market
-Growing investors' sentiments
-Growth in GDP and Manufacturing index
-NSE 30 most capitalised stocks Q2 reports to be more positive and market perception of such reports
-Oil price Rising cum Falling in value of Dollars globally: Major determinants will be this week's FOMC meeting and US Nonfarm Payroll reports


REASONS FOR PRICE GOING DOWN IN JULY
-Historically, July favours bears more than bulls
-Many banks exposure to NPL
-Unforeseen unrest locally & govt handling

WHERE DOES BULLBEARMKT STANDS?
Let me state before hand that market does not respect individual opinion or analysis, what we are just doing is to provide educative prediction based on experiences.
If the price can close above previous 4 days high as explained before, I am of the opinion that with the high market sentiments and growth in economic data, July is more likely to end in price appreciation. My trading plan is to pick stock(s) of interest and look for long-term support level to place my entry with a pre-determined stop loss, which I can easily control and allow market to determine my profits (if any).

Welcome you all to the month of July (the month of "7")... what does 7 means to you?

Chief thank you for this

God bless you real good

yok:

STOCK MARKET NOT A BANK AND NEXT SUPPORT FOR MAY AND BAKER LIKELY TO BE NGN3.43

The trapping of some investors fund getting trapped in May and Baker is a big lesson, that the stock market is not a bank where you can just leave your gains (better to cash out from time to time). Also, better not to start calculating profits until you actual get your funds out of the market.

However, some major pharmaceutical have been recovering from the recent losses. Looking at the recovery in Glaxo and Fidson, the probability of the losses in May and Baker abating is likely as shown by the chart below. For this reason, since my gain is about to disappear (bought at 3.49), I have decided to withdraw my sale instruction, was an unpalatable decision, but this is the stock market, prices moves up or down.

Perhaps a good decision. I expect a reversal today or tomorrow. Next time please don't watch your profit go down the drain.

Market didn't open today.

Zhirinovsky:
Market didn't open today.

i dont really understand d market dis morning

Good

TRIPPLE GEE & COMPANY PLC AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31, 2017 MAR 2017 MAR 2016 REVENUE: MAR 2017 N601.722M MAR 2016 N806.432M PROFIT/(LOSS) BEFORE TAX: MAR 2017 N15.589M MAR 2016 N36.884M TAXATION: MAR 2017 (N5.350M) MAR 2016 (N9.221M) PROFIT/(LOSS) AFTER TAX: MAR 2017 N10.239M MAR 2016 N27.663M EARNINGS PER SHARE (LOSS): KOBO 2.07 5.59 PROPOSED DIVIDEND PER SHARE: KOBO 3.00

Thunderlicious:


Perhaps a good decision. I expect a reversal today or tomorrow. Next time please don't watch your profit go down the drain.

Don't be in a hurry, expect it to converge @ same price with fidson. My thinking though !

stcool:


Don't be in a hurry, expect it to converge @ same price with fidson. My thinking though !

Noted.