More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

dipoolowoo:
More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

Double wahala.......

OBAGADAFFI:


Double wahala.......

"Ms. Awe also affirmed that in the 48-hour period commencing Wednesday, there will be no trading in the shares of Oando Plc, adding that from Friday, investors will be able to trade in Oando Plc’s shares but such trading will not result in any movement in the price of the shares".

...party poopers

OBAGADAFFI:


Oga, cool down, no be fight.

We have talked about TAs and Fundamentals on this thread a lot.
And we have seen Stocks with good of both(TAs and Fundamentals) lagging behind, while Stocks with bad of both keep making new highs.

In addition to TAs and Fundamentals, Spiritual and MMs forecasting is needed.

I get your point. You're not serious though.
However, let me add that you use the fundamentals to choose your stock and use "technical" to get in at the right time. Even a common price action or moving average, can tell you this.
But since, according to you, stock trading has gone spiritual, I will explore the area of casting stock spells; invoking the power of the stars and the heavenly bodies, to put gtb at #- . (make I no offend some people)
The truth is that you can enter gtb at current price and ride with it to #100, instead of wishing it to get back to #25. �

nio68:


"Ms. Awe also affirmed that in the 48-hour period commencing Wednesday, there will be no trading in the shares of Oando Plc, adding that from Friday, investors will be able to trade in Oando Plc’s shares but such trading will not result in any movement in the price of the shares".

...party poopers

Why can't the government or the nse intervene in its management? I'm talking as a layman. I beg, no disgrace me �

nio68:


"Ms. Awe also affirmed that in the 48-hour period commencing Wednesday, there will be no trading in the shares of Oando Plc, adding that from Friday, investors will be able to trade in Oando Plc’s shares but such trading will not result in any movement in the price of the shares".

...party poopers

who go come buy @ 5.99 when the price can not move up/down

my mind is with you oga Tritri. sorry for this oando saga but next time when you hear bad rumor RUN 1st before you even ask question

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19866_GTBANK_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

Based on my initial analysis, seems GTBank earnings dropped by >40% in Q3 2017 vs. Q3 2016. Does anybody know why?

https://www.proshareng.com/news/Public & Private Offers /UAC-of-Nigeria-Plc-Proposed-Rights-Issue/36837

I use to love UACN PLC Fundamentals but recently they are not too doing well, with this new right issue starting from Thursday 19 Oct,
i am just having itching fingers to mop it up @ the secondary markets but i am still skeptical about the matter, please do any one have a better insight to this company..

Oando Plc has been my favorite stock for years now and i got my first Land from Oando plc but when I started seeing all this flenty wahala and numerous right issue and so on, i just walk away. I pray the management of Oando Plc try and get things right with this company that have great potentials to compete with other oil firm that are doing well in the markets..

currentprice:


who go come buy @ 5.99 when the price can not move up/down

my mind is with you oga Tritri. sorry for this oando saga but next time when you hear bad rumor RUN 1st before you even ask question

The market is waiting for a major push up. Index needs to cross 40k.

External reserve is improving. Less insurgency at the moment. Oil price is improving.

The market trading at range for too long isn't good for investors confidence.

Toluway:

I get your point. You're not serious though.
However, let me add that you use the fundamentals to choose your stock and use "technical" to get in at the right time. Even a common price action or moving average, can tell you this.
But since, according to you, stock trading has gone spiritual, I will explore the area of casting stock spells; invoking the power of the stars and the heavenly bodies, to put gtb at #- . (make I no offend some people)
The truth is that you can enter gtb at current price and ride with it to #100, instead of wishing it to get back to #25. �

Lol, I will prefer a Zenith bank getting to #30, than GTB going to #100.

Just look at StanbicIBTC, what is the serious Fundamental( apart from Foriegn investors) behind the movement.

OBAGADAFFI:


Lol, I will prefer a Zenith bank getting to #30, than GTB going to #100.

Just look at StanbicIBTC, what is the serious Fundamental( apart from Foriegn investors) behind the movement.

With its current fundamentals, zenith shouldn't have any problems getting to 30, unless it has a spiritual problem.
You know ibtc is a value stock, big stock. For such stocks, with the avalanche of resources about stock trading, just buy and walk away, as one day, your patience would be rewarded. (in the absence of any negative eventualities)

As regards the sentiment that is currently driving gtb, I think investors have finally made up their minds regarding the stock. Why many guys here are wishing to buy it cheaper, the majority out there would likely continue to load. Those who have the big money out there are not as stringent as you guys are. This is the first time I would not be in this darling stock. Remember it has been reversing at 30 to 32 back to 25 naira for years. Just as Zenith has not been going beyond 26 naira and rest assured, the jinx would be broken now.
However, with gtb current pedestral, I would just have to ride with it later, instead of perpetual lamentation.
And don't forget that no matter how you've tried from here, you've not been able to control the nsem men!

https://www.thisdaylive.com/index.php/2017/10/20/sec-appoints-deloitte-to-lead-forensic-audit-of-oando-as-firms-shares-are-suspended-on-jse/

This SEC people are not serious o. Is it not this same Akintola Williams Deloitte that are known for their questionable previous corporate audits that they are appointing to do this 'forensic' audit? Oando will walk. Trust me.

http://www.nse.com.ng/Financial_NewsDocs/19902_SOKOTO_CEMENT_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19902_SOKOTO_CEMENT_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

I no get 6mb to open this one, even if it were a quoted company.

Mpeace:
I no get 6mb to open this one, even if it were a quoted company.

CCNN

As the world prepare to move into another bubble exactly ten years from the last
I congratulate those who are here and can manage the phenomenon


#Still sipping my garri for junction

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19902_SOKOTO_CEMENT_-_9_MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

Great, can't ask for anything better

fxuser:



We de here gidigbam
TA looks very good with the break above troublesome resistance
Look fwd to your comments on Fidelity !

Q2 was solid for Fidelity. We wait to see what q3 results will look like as traditionally tier 2 banks have a history of very weak performance in q3.

pluto09:


Great, can't ask for anything better

Numbers speak better than emotions.

Good work

Arian Capital Management Limited
Banks Consulting Financial Consulting
22B, Udi Street,Osborne Foreshore Estate, Ikoyi, Eti Osa, Lagos, Nigeria


Please house i need the new website of the address above, the old one is not going. Thanks

dipoolowoo:
More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

umm grab more pop corn

OBAGADAFFI:


Lol, I will prefer a Zenith bank getting to #30, than GTB going to #100.

Just look at StanbicIBTC, what is the serious Fundamental( apart from Foriegn investors) behind the movement.

Flashback
on 07/05/2008 closing prices
UBA N60.12, FBNH 48.48 whilst GTB 33.78

fast forward 10yrs down the line ...

Lesson 101 - Corporate governance premium is priceless

bigjay01:


Flashback
on 07/05/2008 closing prices
UBA N60.12, FBNH 48.48 whilst GTB 33.78

fast forward 10yrs down the line ...

Lesson 101 - Corporate governance premium is priceless

Lesson 102 - Know when the party is over!

pluto09:


Great, can't ask for anything better

Fair price?

dipoolowoo:
More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

Like we say in my place

'nkata ga ekpudo onye aghugho'

dis one no dey google translate o

bigjay01:


Flashback
on 07/05/2008 closing prices
UBA N60.12, FBNH 48.48 whilst GTB 33.78

fast forward 10yrs down the line ...

Lesson 101 - Corporate governance premium is priceless

Lesson 103 - Never trade stocks on heavy margin!

DonDiego:
https://www.thisdaylive.com/index.php/2017/10/20/sec-appoints-deloitte-to-lead-forensic-audit-of-oando-as-firms-shares-are-suspended-on-jse/

This SEC people are not serious o. Is it not this same Akintola Williams Deloitte that are known for their questionable previous corporate audits that they are appointing to do this 'forensic' audit? Oando will walk. Trust me.

Everything in Naija Na padipadi and arrangee

bigjay01:


Flashback
on 07/05/2008 closing prices
UBA N60.12, FBNH 48.48 whilst GTB 33.78

fast forward 10yrs down the line ...

Lesson 101 - Corporate governance premium is priceless

Nice throw back

Can someone help us see what is going on in GUINESS?
chartists assist.

currentprice:
between now to Dec, FO will likely touch N25. be careful of the juju stock.

locodemy:


even below

i still believe this post of FEB. 1 dis year. as their is no improvement since then