fxuser:


Weekly Summary
https://invst.ly/4ljdn

stay with d Trend

...thanks boss, you've nailed it all! Expected "minor" resistance is close 38,140. Technically, momentum is in favour of Daily, Weekly and Monthly NSE data, so there is high probability of further upside.

robobo:


Oga Bullbear

against the background 0f your above contribution, may i ask what is the next minor and major resistance and support level for the NSE, UBA and Zenith
@ Fxuser i wld also appreciate your contribution to same enquiries

thank you

UBA
-Testing all time highs since 2010
-Support at 9.50
-All timeframe showing bullishness... (daily pullback to support will be a good entry)

Zenith
-Testing 3 year high since 2014
-Now on resistance level
-All timeframe is having good momentum to upside

"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

PETERiCHY:
"FOOD 4 THOUGHT"


"We have been so unfair"

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

...nice piece @PETERiCHY

BullBearMkt:

...nice piece @PETERiCHY

boss morning, pls ucap a good buy @3 n fbnh @sub N6. kindly reply.

locodemy:


I dont understand you o.if i stay off the market,does it mean i dont have shares again.i still have large quantity of fcmb even as i am carrying my money at hand for now.i cant buy/sell anything till sept/oct.

You better give me that money at your hand o .

We don't sow seeds to pastors, we don't give offerings and tithes to pastors, we don't give our first fruits to pastors.
We give all the above mentioned to GOD.

And we will never regret any kobo we drop in the house of the Lord.


That doesn't mean we shouldn't take care of our parents though.

PETERiCHY:
"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

PETERiCHY:
"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

Good points about someone taking care of his/her parents. But please point of correction, the tithe/offerings one give is not meant for the pastor but the church, so it is wrong to make people believe that tithe/offerings are meant for pastors, if the pastor like, let him not use it for God's work, that is left for him and God to sort out, remember what happened to Eli and his children when they were messing up with God's offering.

stcool:

The push up here is good! Can FBNH join already?

Yes sir .

zendi:


Laff dey shake my body, bicos you dey sound like person wey enter bus finnish, then come dey look around weda na one-chance.
Me i dey wonda weda na Emefiele bubble talk effect market.

DeRuggedProf:


Even if you were, no worries, these calibre of 'sharkish' companies use bad news and poor earnings as their take off fuel.

You understand them .

Mfunkynation:
boss morning, pls ucap a good buy @3 n fbnh @sub N6. kindly reply.

-FBNH in search of support as price is breaking down
-Daily support @5.88/ Weekly support - 5.6

UCAP
-Similar in outlook with FBNH, in search of support
-Next support @ 2.91

BullBearMkt:

UBA
-Testing all time highs since 2010
-Support at 9.50
-All timeframe showing bullishness... (daily pullback to support will be a good entry)

Zenith
-Testing 3 year high since 2014
-Now on resistance level
-All timeframe is having good momentum to upside

Thanks Boss

my interpretation of ur response to UBA is that it is entering into uncharted territory (particular as per the last 5 years), which in itself has a high probability of heralding elevated volatility (as the birth of all new things brings with it a lot of disruptions). kindly correct if i am wrong

BullBearMkt:

...thanks boss, you've nailed it all! Expected "minor" resistance is close 38,140. Technically, momentum is in favour of Daily, Weekly and Monthly NSE data, so there is high probability of further upside.

Oga Fxuser

thank you appr8

ihedioramma:
Yes sir .

Likely interim dividend news and +ve report is at play for the likes of Zenith, GT, Access etc....

Dont put too much hopes on FBN rally but best days for FBN is gradually approaching... definitely not now.

PETERiCHY:
"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

Good points, and I am 150% with you on this. But Nigerians are too religious that the supposedly intelligent ones among us will need a brain reset.

What do you expect from people who are intellectually and attitudinally lazy, but requires divine intervention, laying of hands, anointing, binding and casting from a man/woman like them before their prayers can be answered.

NB. I am a christian but I don't buy the mumbo jumbo and commercialised Christianity as it is branded and marketed by last days / end time religion merchants and businessmen.

I beg make we no derail this thread.

omosuji:

investing.com

Thanks alot

PETERiCHY:
"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

don't go there peter! Fear God, all those gifts are for him. God will judge those evil pastors, for using the gifts wrongly and also judge you, if faill to give. I'm not a pastor...and don't want to be. Their judgements would be tougher

robobo:


Thanks Boss

my interpretation of ur response to UBA is that it is entering into uncharted territory (particular as per the last 5 years), which in itself has a high probability of heralding elevated volatility (as the birth of all new things brings with it a lot of disruptions). kindly correct if i am wrong

...my style of entering of trade is not to pursue price making new highs, I would rather wait till it comes to the value zone on daily while the weekly is still actively bullish

Please let us not derail this thread. Who get make him/her give. Who no get, manage himself.
But it would be foolish of me, to watch my parents suffer while I receive applause from the church for giving.

If we start to talk about Nigerian pastors, it will never end. They are like our politicians.

PETERiCHY:
"FOOD 4 THOUGHT"

When anything happens to you, your pastor sleeps well but your parents don't.

"We have been so unfair"

You pay tithes in several thousands and give your parents pittance every month and you are wondering why things are still tight for you?

You have sown cars as seed, alter seeds, birthday seeds, vows, tithes, building projects, yet you have not bought or built one for the people who slaved to send you to school, you don't need Google to tell you what your end will be.

For those who still think your pastor's blessings are superior to your parents' blessings, your suffering is doing push-ups. Abraham blessed Isaac, Isaac blessed Jacob and Jacob blessed his sons. You give your Pastor your first fruit and leave your parents that struggled to pay your fees and you wonder why you lost your job? You buy gifts and sow birthday seed for your Pastor and you dont know your parents birthday or even call when you know. Wise up!

Pastor has his own children to pray for and am sure no pastor mentions your name in prayers everyday like your parents do for you daily...

Every correct pastor should consciously organize parents' appreciation day and look out for how the parents of those folks dropping fat donations are faring....

Thank You.

All my tithes and offerings go to God not those greedy pastors that offload their church members in the name of christianity.Better we dont turn this to to another subject of deliberations because if we are allowed to talk,i will start from the schools,universities we all built together in the name of church to help our children in the future.Today what we have is oyedepo university,Adeboye university etc and our children cant be accepted because of high cost of school fees.God will certainly judge them one day.

lancee:
http://www.businessdayonline.com/diageo-take-100-rights-guinness-n40bn-issue

This is strange

Reason why Foreign portfolio investors is dangerous for underdeveloped economies.

Hope we all remember this

http://breaking.com.ng/nigeria/diageo-steps-down-guinness-shares-acquisition-after-historic-loss/

https://www.bloomberg.com/news/articles/2017-04-26/what-investors-need-to-know-about-nigeria-s-new-exchange-window

There’s a lot riding on Nigeria’s new foreign-exchange platform.

The system -- called the Investors’ and Exporters’ FX Window -- is the central bank’s latest attempt to lure back traders who fled in the past two years. The idea is that by creating a market for some types of investment transactions, policy makers can satisfy calls to float the currency without risking an inflationary spiral that may come from a devaluation. Eventually, it would attract foreign funds and alleviate a shortage of dollars.

While analysts warn that it may be weeks before they’ll have a clear idea of how it’s functioning, here is what traders need to know:



http://www.vanguardngr.com/2017/07/naira-depreciates-n369-5-nafex/


The naira yesterday depreciated to N369.5 per dollar in the Investors and Exporters (I&E) window in spite of increased dollar supply.



https://t.guardian.ng/news/nigeria-to-lose-n57-5b-daily-as-opec-plans-production-cut/

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), which met in St. Petersburg for its fourth meeting yesterday, also called on several members to boost compliance with production cuts to help clear excessive global stocks and support prices.

By the OPEC’s decision, Nigeria, which pegged its crude oil production at 2.2 million barrels per day to finance the 2017 budget, would have to struggle with a shortfall of 400,000bpd.

At the current market price of $47 per barrel, the country would be losing about $188 million (N57.528 billion) daily, which would have been part of the revenue needed to finance the 2017 budget.




WITH THE ABOVE INFORMATIONS CAN SOMEBODY TELL ME @ WHAT RATE USD WILL BE TRADING BY SEPTEMBER?

OBAGADAFFI:


This is strange

Strange?This stock will give you 100% returns in due time. pa Emma,pls what do you have to say here?

locodemy:


All my tithes and offerings go to God not those greedy pastors that offload their church members in the name of christianity.Better we dont turn this to to another subject of deliberations because if we are allowed to talk,i will start from the schools,universities we all built together in the name of church to help our children in the future.Today what we have is oyedepo university,Adeboye university etc and our children cant be accepted because of high cost of school fees.God will certainly judge them one day.

sure their judgements await them. They'll tell God the miracles and might works they did, but God will walk them away. Matthew 7:21-23

BullBearMkt:

...my style of entering of trade is not to pursue price making new highs, I would rather wait till it comes to the value zone on daily while the weekly is still actively bullish

Experience and Patience tied in investment matrimony...

Experience = Dedication to Time Trame Analysis/Comparison.
Patience = Value zone re-entry ( could take days, while this guy still holds his cash unperturbed by the breath skipping intra-day noise and the 'GO IN' voice that is constantly heard while watching daily price gyrations)

locodemy:


Strange?This stock will give you 100% returns in due time.
pa Emma,pls what do you have to say here?

I am not talking about stock giving 100%

It is about foreign investors running away when things are bad and coming back to reap local investor's sweats.

OBAGADAFFI:


I am not talking about stock giving 100%

It is about foreign investors running away when things are bad and coming back to reap local investor's sweats.

They would have done that at around N170 per share if they had gone ahead.
They waited for the meat to start rotting, like typical vultures do...
This stock will go back and cross the N100.80 52 weeks high once that offer is completed by August 30.
It is their way..CAPITALISM UPGRADED....

STNWAUME:
https://www.bloomberg.com/news/articles/2017-04-26/what-investors-need-to-know-about-nigeria-s-new-exchange-window

There’s a lot riding on Nigeria’s new foreign-exchange platform.

The system -- called the Investors’ and Exporters’ FX Window -- is the central bank’s latest attempt to lure back traders who fled in the past two years. The idea is that by creating a market for some types of investment transactions, policy makers can satisfy calls to float the currency without risking an inflationary spiral that may come from a devaluation. Eventually, it would attract foreign funds and alleviate a shortage of dollars.

While analysts warn that it may be weeks before they’ll have a clear idea of how it’s functioning, here is what traders need to know:



http://www.vanguardngr.com/2017/07/naira-depreciates-n369-5-nafex/


The naira yesterday depreciated to N369.5 per dollar in the Investors and Exporters (I&E) window in spite of increased dollar supply.



https://t.guardian.ng/news/nigeria-to-lose-n57-5b-daily-as-opec-plans-production-cut/

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), which met in St. Petersburg for its fourth meeting yesterday, also called on several members to boost compliance with production cuts to help clear excessive global stocks and support prices.

By the OPEC’s decision, Nigeria, which pegged its crude oil production at 2.2 million barrels per day to finance the 2017 budget, would have to struggle with a shortfall of 400,000bpd.

At the current market price of $47 per barrel, the country would be losing about $188 million (N57.528 billion) daily, which would have been part of the revenue needed to finance the 2017 budget.




WITH THE ABOVE INFORMATIONS CAN SOMEBODY TELL ME @ WHAT RATE USD WILL BE TRADING BY SEPTEMBER?

Remember Nigeria is on course to a diversified economy.I dont see any reason of naira depreciating again except the cabals are back.

OBAGADAFFI:


I am not talking about stock giving 100%

It is about foreign investors running away when things are bad and coming back to reap local investor's sweats.

The worst that will happen is delisting and of course it gonna be voluntary.