wanaj0:


How you know say I get NEM? Had to sell down to re balance my portfolio. Can't afford NEM to be 20% of my portfolio

phemmie06:

Boss this is not running to anywhere but dancing to the tune of 1kobo rule which you impose on stock in that category.

wanaj0:


Crude swap can be done but it will be denominated in 'dollars' even if there is no exchange of cash.

Dangote has interest in some oil fields so supply is more or less secured. Transaction will still be done in dollars.

On landing cost, yes it should reduce BUT a lot has to do with pricing. The experience with cement should be a guide. Local production is yet to bring down the price of cement.!

onegentleguy:
Just got an unconfirmed Info that the coperate governance index (also known as CG INDEX) of the Nigerian Stock Exchange have just added banking Stocks ACCESS BANK, UBA together with cement manufacturing coy LAFARGE WAPCO PLC to the NSE-PREMIUM BOARD.
...This should bring to 6 the total no of coys listed therein following the 1st of initial entrants of DANGOTE CEMENT, FIRST BANK AND ZENITH BANK.
My take is that this could very likely lead to an increased buying pressure on the new additions by investors with interest in well governed coys.
It might interest u to know that the NSE PREMIUM BOARD is assigned to companies with a good coperate governance rating by the Nigerian Stock Exchange.

My take is that this is a healthy move for ACCESS, UBA and LAFARGE WAPCO especially the banking sector if it does materialize.

2zona:
LETS GO, THE GROWTH RECOVERY CONTINUES. NSE Oya naa...
The nation’s Gross Domestic Product (GDP) grew in Q4 2017 by 1.92% (year-on-year) in real terms, maintaining its positive growth since the emergence of the economy from recession in Q2 2017. This growth is compared to a contraction of –1.73% recorded in Q4 2016 and a growth of 1.40% recorded in Q 2017.

Quarter on quarter, real GDP growth was 4.29%.

The year 2017 recorded a real annual growth rate of 0.83% higher by 2.42% than –1.58% recorded in 2016.

In the quarter under review, aggregate GDP stood at N31,209,137.74million in nominal terms higher when compared to N29,169,058.99 million in Q4 2016, resulting in a Nominal GDP growth of 6.99%. This growth is lower relative to growth recorded in Q4 2016 at 12.49%. Nominally, 2017 recorded an annual growth rate of 12.05% higher by 4.25% compared to 2016 annual growth of 7.80%. The broad classification into the oil and non-oil sectors will give a clearer depiction of the Nigerian economy

Manonamission:


Keeping all other factors constant, shouldn't the landing cost reduce?

I would think a sort of Swap deal might be involved. Give him predetermined quantity of crude at prevailing rate per barrel in return for a predetermined quantity of refined products. A margin is agreed which leaves him with residual crude stock for his fertilizer, refined products etc that could be exported. He could go over and above the agreed quantity of crude for his export business as he deems fit though.

It doesn't really make sense buying dollars from govt to buy crude only for the same government to come and buy refined products with dollars. Abi no be so?

Agbalowomeri:


You can start with 10-50k depending on your income

sellydion:


The formula for transactions in Oil and gas industry is 60% Dollar and 40% Naira.

PharmAlfred:
BeerBullMkt we have not heard from you in a while. I hope you are doing fine?

Oga Emma must be busy calculating prospective DY on his stocks.
Market is likely going to be in a 'sit down look' mood until most results are out. Then we can begin to pick from the pool of the best.

Have a great investing week.

Consolidated Hallmark Insurance Assures Investors More Returns

https://www.thisdaylive.com/index.php/2018/02/26/consolidated-hallmark-insurance-assures-investors-more-returns/

CHI shareholders retain shares despite negative industry sentiment

https://punchng.com/chi-shareholders-retain-shares-despite-negative-industry-sentiment/

yok:
MSCI MOVEMENT 26 FEBRUARY2018- NEW PICKS BY THE FUND FCMB AND UNILEVER

The fund added Unilever and FCMB to the portfolio. These are new entrants to the list as at yesterday.



Caution: This information is for educational purpose only.

Manonamission:


Keeping all other factors constant, shouldn't the landing cost reduce?

I would think a sort of Swap deal might be involved. Give him predetermined quantity of crude at prevailing rate per barrel in return for a predetermined quantity of refined products. A margin is agreed which leaves him with residual crude stock for his fertilizer, refined products etc that could be exported. He could go over and above the agreed quantity of crude for his export business as he deems fit though.

It doesn't really make sense buying dollars from govt to buy crude only for the same government to come and buy refined products with dollars. Abi no be so?

onegentleguy:


@LOCO do u remember when I told u a few days ago (...when u said u were expecting FCMB @ N1.50K), that the stock might surprise u this week?
Well, this is only just the 1st surprise package. ...the 2nd shall soon come in earnest !!

We like to allow Mr TIME the luxury to do his thing.

#BELIEVE

NOTE: This is not an investment advise. ...DD always advised pls.

wanaj0:
This stock is getting punished unduely!

RabbiDoracle:


Any you believed them?

yok:
MSCI MOVEMENT 26 FEBRUARY2018- NEW PICKS BY THE FUND FCMB AND UNILEVER

The fund added Unilever and FCMB to the portfolio. These are new entrants to the list as at yesterday.



Caution: This information is for educational purpose only.

RabbiDoracle:
Afriprud is being woundjured

RabbiDoracle:
Afriprud is being woundjured

mendes911:


Agba is patiently waiting. Lurking around....

veecovee:
incase, i only have ucap and afriprud now, am i trapped

The issue is that what goes up must come down, and when you have told the public once or twice, relax and let them digest your opinion. Continuing to say the same thing in all pages looks like you have ulterior motive.

mendes911:


I ask again, are you trapped?

Agbalowomeri:


I am not waiting anywhere o; I am hovering
April is buying time

RabbiDoracle:


Help and buy it

wanaj0:


Planning too. The Rights Issue was successful which was good. Just waiting for it to bottom out!

RabbiDoracle:


If he is still trapped , then .......