Bianco1:


I think with Stanbic IBTC in that boat changes will surely come.....I may be wrong though because am a fan of those guys and also have a long term mindset but pruns my flowers when it blums.....so DD please

Sure they were amongst the joint issuing houses. The rights issue was not underwritten. Perhaps they had an entity on standby and committed to taking up any unsubscribed rights. If this thesis hold true then "Onegentleguy" may be right, on the assumption that if they don't get enough from the unsubscribed portion, they would raid the market to make up the balance.

onegentleguy:


We know all these my dear. ...but we also know that the SKYE (for example) which is a coy currently in 'a perceived worse state' returned over 210% to the shrewd ones.
This is the NSE my dear !! ...'where some melody might not necessarily be sweet, but u have to learn to dance to it'.
...The objective should always be to make more from a money perspective.
That my dear is the way to 'domicile in the NSE room' ...but I do not know about u though.
...It's always a matter of choice.

NOTE: This should not be interpreted to mean an investment advise. ...DD always advised pls.

Yeah, yeah but we don't take tips hook, line and sinker. We need to stress test it before #believe

sky2891:

How about Flourmill, please?

I don't really track Flourmills so don't know much about it. Maybe I will crunch some numbers and read up about it a bit later this week.

Crude oil price is rising oo

World markets are rising oo

Toluway come and shut me up now

Onuokwu:


I don't really track Flourmills so don't know much about it. Maybe I will crunch some numbers and read up about it a bit later this week.

Let Peterichy board flourmill and he will take it down to N15 first. That way more people will flow in.

RabbiDoracle:


Let Peterichy board flourmill and he will take it down to N15 first. That way more people will flow in.

have you seen the numbers.what is your take on flourmills.

RabbiDoracle:
Crude oil price is rising oo

World markets are rising oo

Toluway come and shut me up now

He already singing wining song
V
v
v

Toluway:

After you've vomited everything?
Who won ? Toluway
Who chased the Bear away ? Toluway
Who won against the herds attack? Toluway.
Who kept Oracles mouth shot? ( abeg adey joke o. You be my Oga) Toluway.
Songs of victory in the house of the righteous


32 Likes

Couple of things:

1. Do not confuse [/b]Stanbic Nominees with Stanbic IBTC. Stanbic is a popular custodian (warehouse for significant shareholding) in Nigeria and the name is Stanbic Nominnes. The Stanbic Nominee name (I disgree with this) is used as a front for the actual client Stanbic is being paid to warehouse the shares on their behalf.

2. The problem with mentioning stocks and wanted to be heralded and serenaded on this board to boost your ego, when things go as anticipated is as follows: The same people will not show-up when their recommendations go wrong. They vanish... If you want to wear the crown, also be willing to wash plates as and when due.

3. If you are making a recommendation and you [b]REFUSE to apply a TIME HORIZON to your recommendation, you are not only deceiving viewers of this board but, also yourself. Serious/sincere recommendations NEVER have open-ended or indeterminable horizons. If you want to stick out your NECK, stick it out VISIBLY or go and hide in peace.

4. The attraction to stocks that are massively diluting their shareholding base is worrisome. Unlike what many Nigerians may think it is a negative signal for a company to seek fresh equity from public investors. This is why the foreign owned companies only do this when their subsidiaries go into a funk e.g. Guinness, Unilever & WAPCO. The flirtation with UACN and Flour Mills (its best days are behind it) is the reverse of the negative signal their action is telling market investors.

5. Not every stock (deserved or not) will RISE in a BULL market and not every stock will DECLINE in a bear market. Do not be EXUBERANT; apply REASON. Patient investing typically will only hold when the proven investor has LOGICAL & COGENT reason for their stock pick.

6. Emotional and Momentum investing typically leads to PANIC at the earliest onset of a reversal in fortunes. If you do not know why you are in, you will not know why you should stay in.

Best wishes to all.

DOLLARTEX:
have you seen the numbers.what is your take on flourmills.

Yes I have seen the numbers.

But I don't want to say anything now that the oga at the top ....(holding my lips)

Onuokwu:


Sure they were amongst the joint issuing houses. The rights issue was not underwritten. Perhaps they had an entity on standby and committed to taking up any unsubscribed rights. If this thesis hold true then "Onegentleguy" may be right, on the assumption that if they don't get enough from the unsubscribed portion, they would raid the market to make up the balance.

Come to think of it Bro, most companies in Nigeria especially UACN, Livestock (Agriculture - Presco, Okomu), FMN, NASCON etc have no reason not to make profit for shareholders (the market is here besides they can conquer Sub Saharan Africa) if not for fraud and very bad management! So whenever a good management team is involved I feel elated to join especially companies that have been paying consistent dividend. I must add that DD must be applied and don't just board at any time.

onegentleguy:
...And then came the much expected revelation !!
'the revelation that leads the way to the sweet sound of the next melody in play'
the 2 renowned comfort zone where 'our foreign hot money brothers are on their way to feast'.
...for the shrewd ones will hasten to the call that shall sprout forth with plenty of joy.
the urgent call to immediately Flour ur Mill and join the 'United Army of Concentrated Nollywood'.
...'for the expected heavy activity on these 2 renowned men of honour shall surely gladen ur soul while the moon runs up it's circle'.
...for the days of many glory is truly not far away !!

Those who have ears should listen to the voice of reasoning now before that totally unexpected time of reckoning and heavy lamentation.


#THEFLOURMILLUACNPEOPLE
#THESPEEDZONE
#BELIEVE

NOTE: While this is a real revelation, it's never an absolute recommendation. ...DD always advised pls.

Prophet Otuocha!!!!

House,Please is there anyway i can talk to coolcash privately?

9free:


Prophet Otuocha!!!!

Oando conoco prophet ..Uto

RabbiDoracle:


Yes I have seen the numbers.

But I don't want to say anything now that the oga at the top ....(holding my lips)

LOL,the bull is around!toluway is on his way to make sure you remain firmly on that mattress,no shaking oo!

Emmy2018:
House,Please is there anyway i can talk to coolcash privately?

PM HIM

lancee:




Oando conoco prophet ..Uto

Bless you......

DOLLARTEX:
LOL,the bull is around!toluway is on his way to make sure you remain firmly on that mattress,no shaking oo!

Maybe Toluway finally caught the snake with the cash. Unleashing the cash in the market and causing a calf run!

They need to send more snakes to Jamb Office.

onegentleguy:
...And then came the much expected revelation !!
'the revelation that leads the way to the sweet sound of the next melody in play'
the 2 renowned comfort zone where 'our foreign hot money brothers are on their way to feast'.
...for the shrewd ones will hasten to the call that shall sprout forth with plenty of joy.
the urgent call to immediately Flour ur Mill and join the 'United Army of Concentrated Nollywood'.
...'for the expected heavy activity on these 2 renowned men of honour shall surely gladen ur soul while the moon runs up it's circle'.
...for the days of many glory is truly not far away !!

Those who have ears should listen to the voice of reasoning now before that totally unexpected time of reckoning and heavy lamentation.


#THEFLOURMILLUACNPEOPLE
#THESPEEDZONE
#BELIEVE

NOTE: While this is a real revelation, it's never an absolute recommendation. ...DD always advised pls.

Prophet utuocha reincarnated

RabbiDoracle:
Crude oil price is rising oo

World markets are rising oo

Toluway come and shut me up now

Where is the bear with bear bear that you promised us

Thank God I didn't sell my little holdings.

All the indices are looking good at the moment, coupled with the fact that FY results are around the corner, for those boarding various buses, when is it safe to exit ( I know various people have different investment appetite) Knowing that some people here are traders all things being equal.

RabbiDoracle:
Crude oil price is rising oo

World markets are rising oo

Toluway come and shut me up now

Ain't you happy now, it is a virtuous circle that is inevitable, it will be good to master the times to make meaningful gain or reduce loss from the turns of the BearBull run

leo1234:


Where is the bear with bear bear that you promised us

Thank God I didn't sell my little holdings.

I just returned from work
Una don buy market finish

RabbiDoracle:


Maybe Toluway finally caught the snake with the cash. Unleashing the cash in the market and causing a calf run!

They need to send more snakes to Jamb Office.

You better bring that money from under mattress back to nsem from the danger of swallow snakes. This breed of Nigerian snakes can enter anywhere. I don say my own.


But you too like money. You want to be seeing that money and sleeping with it instead of madam. Are you Igbo?

I just got back from a divine meeting only to see the good work going on on Brent crude price
It's going to be a wonderful week my brethren

Agbalowomeri:
I just returned from work
Una don buy market finish

See person wey dey talk... Conductor that loaded Diamond and FBNH bus today.

As of 9:30pm brent 64.45

ihedioramma:
As of 9:30pm brent 64.45

umm
finding good support

How about the Fed's decision on rates?

currentprice:


He already singing wining song
V
v
v

Lower highs forming on your graph.

Let's watch if this one will result to another lower one.