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 once it does materialize.


If u were referring to the post above, then worry not my dear. ...for its CONFIRMED.
...and shall be implemented soon.

#BELIEVE

Wherever you hang that your antenna please don't touch it oo.. no even let wind shake am.. we need all these info

Yayira:
Is that Japaul @ 0.50 ? Something that was trading for 0.35 last week Tuesday

Hmm

I have learnt not to envy people in buses like Japaul cos when the reversal starts, (and it will) it will go down the same way it came up

People will watch their gains erased followed by capital.

Oga Godisfaithful hope you did not just eye Japaul ? I hope you bought before all this blues.

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 once it does materialize.


If u were referring to the post above, then worry not my dear. ...for its CONFIRMED.
...and shall be implemented soon.

#BELIEVE

@Bolded, not sure WAPCO is included.

Just saw this on Nairametrics:

Japaul

This is perhaps one of the most notorious stocks in Nigeria. After luring investors at the height of the stock market bubble in 2008, the company also announced that it had agreed a financing deal worth $350 million with Milost Global. This came as a shock to most investors who are wondering if Japaul’s balance sheet was worth anything close to that amount.

Japaul’s 2017 9 Months results reveals that it has a negative equity of about N24.3 trillion. Its total assets is about N27 billion. One then wonders how they came up with $350 million worth of investments. If this deal pulls through, then it is very likely that Japaul will delist from the Nigerian Stock Exchange.

Not a recommendation. DD is advised

rationalmind:


I have learnt not to envy people in buses like Japaul cos when the reversal starts, (and it will) it will go down the same way it came up

People will watch their gains erased followed by capital.

My dear the smart ones know how to exit this kind of bus.. they don sit.. they hang with conductor.. so before driver will think of mashing break, they'll jump down..

...and also never say never so long as that company is still listed on nse anything can happen.. ask Oga pluto

The question is the role of SEC in this matter. I hope they are not just throwing figures in the air. What bank will receive this money? Japaul is owing Sterling Bank like no tomorrow no go come. I heard the staff have not received salaries for months now. Anyway wetin we sabi, no be so Costain, Afroil, Big Treat, Starcomms scam people for NSE and SEC just dey look dey share commissions all over the place.

davide470:
Just saw this on Nairametrics:

Japaul

This is perhaps one of the most notorious stocks in Nigeria. After luring investors at the height of the stock market bubble in 2008, the company also announced that it had agreed a financing deal worth $350 million with Milost Global. This came as a shock to most investors who are wondering if Japaul’s balance sheet was worth anything close to that amount.

Japaul’s 2017 9 Months results reveals that it has a negative equity of about N24.3 trillion. Its total assets is about N27 billion. One then wonders how they came up with $350 million worth of investments. If this deal pulls through, then it is very likely that Japaul will delist from the Nigerian Stock Exchange.

Not a recommendation. DD is advised

wanaj0:


But not everybody is a short termer so no shaking.

NEM finally reached the N2.00 mark.

Market and its sentiments are strange...

NEM - N2
Continental Insurance - 1.55

Ayam not understanding again...

davide470:
@Bolded, not sure WAPCO is included.

LAFARGE WAPCO very much included. ...It was even approved 4 days before that of ACCESS and UBA.
...got the Info for that of Wapco nearly 2 weeks ago.

U may wish to read this up;
http://amehnews.com/nse-upgrade-uba-access-bank-to-premium-board/

...Pls ensure u read it completely.

#BELIEVE
#ANDKEEPBELIEVING

Yayira:


My dear the smart ones know how to exit this kind of bus.. they don sit.. they hang with conductor.. so before driver will think of mashing break, they'll Jaaaaaaaaaaaaaaa..(EDITED).....

...and also never say never so long as that company is still listed on nse anything can happen.. ask Oga pluto

The Pluto I know will not collect shares of Japaul,at this point, even as a gift......
That guy love fundamentals die....

DeRuggedProf:


The Pluto I know will not collect shares of Japaul,at this point, even as a gift......
That guy love fundamentals die....

Lol "Jaaaaaaaa" is the right word.

onegentleguy:


My Oga there's no arguing the fact that this ur analysis makes for a sensible assumption.
However, it does have the weakness of assuming that the majority of players in the market are traders. ...that there are far more traders than investors.
...That to me, is a very dangerous assumption to make especially with a coy like AFPRUD.
'For the basis herein is slightly vitual'.

But in any case, u are still my Boss !!

I'm not in the stock and wouldn't be. Just saying that an equilibrium will be reached. The price i used are for example.

awesomeJ:

Given that its 52-week low is 2.20, and there's been a 57% growth in eps yoy, I think the stock can find a pretty strong support northwards of 3.00.
People would make reference to this strong support rather than just their entry price.

So it may not likely trade below 3.40 pre closure.

Some people are satisfied with 10% gain, some with 9%. Some even with 1%. This will help determine the equilibrium.

Good company though. But not in it.

I still remember UBA with their exceptional items. So anything related to it, man mi na 440 oooo.

rationalmind:


There's also the added assumption that those selling now must have bought low.

On the contrary, those selling might have bought high and just cutting their losses to preserve capital.

(To the part in bold) imagine they couldn't sell and they keep pumping to escape.

Those who want to buy will keep waiting for it to bottom. Prices continue to fall.

mendes911:


Did you gauge market mood towards end of trading today? I doubt reversal is tomorrow. Bears might even storm across board tomorrow.

I have been wrong severally though.

Stop mentioning bear.

There is no more bear. It is just a blip! Though they both start with "B"

sellydion:


That is why discipline is paramount. Different strokes for different folks. No one way, straight jacket.

Absolutely !! ...for as always, u have spoken well my Boss.

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 once it does materialize.


If u were referring to the post above, then worry not my dear. ...for its CONFIRMED.
...and shall be implemented soon.

#BELIEVE

We all know companies that have good or bad CG . Trying to index it is like what Mungo Park did after natives showed him the sea route to River Niger.

Yayira:


My dear the smart ones know how to exit this kind of bus.. they don sit.. they hang with conductor.. so before driver will think of mashing break, they'll jump down..

...and also never say never so long as that company is still listed on nse anything can happen.. ask Oga pluto

I too like NSE. When the slide starts, people will carry the can. People need to check this company report and understand what they are buying.

rebekah2011:
The question is the role of SEC in this matter. I hope they are not just throwing figures in the air. What bank will receive this money? Japaul is owing Sterling Bank like no tomorrow no go come. I heard the staff have not received salaries for months now. Anyway wetin we sabi, no be so Costain, Afroil, Big Treat, Starcomms scam people for NSE and SEC just dey look dey share commissions all over the place.

My dear, that afroil and big treat. Chai.

People who bought are still waiting for their directors at Ojuelegba bus stop.

DeRuggedProf:


The Pluto I know will not collect shares of Japaul,at this point, even as a gift......
That guy love fundamentals die....

Yayira:


My dear the smart ones know how to exit this kind of bus.. they don sit.. they hang with conductor.. so before driver will think of mashing break, they'll jump down..

...and also never say never so long as that company is still listed on nse anything can happen.. ask Oga pluto

Good strategy !!
...but i'll advise u to be a bit more careful. ...for with a company like JAPAUL OIL, 'it is not uncommon to have a very rugged conductor who may hold and draw u right back in just when u had planed an attempt to quickly jump down the bus'

Though things could later turn out good, but pls 'watch that ur bus conductor' and be very vigilant my dear.

Same goes out to all holders of JAPAUL OIL.

All the same, I wish u all a safe landing. ...Goodluck to u all !!

RabbiDoracle:


We all know companies that have good or bad CG . Trying to index it is like what Mungo Park did after natives showed him the sea route to River Niger.

stocks with new 52 week lows
royal #0.34k
courtville #0.29k
JB #24.85k
sovereignty #0.44k
ftn cocoa #0.42k
dn tyres #0.42k
multiverse #0.31k
unic #0.25k
stocks with new 52 week highs
NEM #2.00k
cscs #11.40k

https://www.bloomberg.com/amp/news/articles/2018-02-27/nigerian-economy-rebounds-in-2017-as-oil-production-recovers?__twitter_impression=true

An absolutely interesting article from Bloomberg !!

I have always maintained that 2018 shall surely be one of a kind. ...and that there can be no better time to KEY INTO THE MARKET THAN NOW !!.

#BELIEVE
#ANDKEEPBELIEVING

onegentleguy:
https://www.bloomberg.com/amp/news/articles/2018-02-27/nigerian-economy-rebounds-in-2017-as-oil-production-recovers?__twitter_impression=true

An absolutely interesting article from Bloomberg !!

I have always maintained that 2018 shall surely be one of a kind. ...and there can be no better time to KEY INTO THE MARKET THAN NOW !!.

#BELIEVE
#ANDKEEPBELIEVING

No let RabbiDoracle hear this one. The guy too fear, he no like invest. He like pillow things too much.

Mpeace:
No let RabbiDoracle hear this one. The guy too fear, he no like invest. He like pillow things too much.

http://www.nse.com.ng/Financial_NewsDocs/20992_UNILEVER_NIGERIA_PLC._CORPORATE_ACTIONS_FEBRUARY_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/20984_ROYAL_EXCHANGE_PLC._CORPORATE_ACTIONS_FEBRUARY_2018.pdf

Mpeace:
No let RabbiDoracle hear this one. The guy too fear, he no like invest. He like pillow things too much.

Trust RabbiDoracle, he will respond once he comes back from work...Rabbi please dissect the article before responding because your insights are very helpful.

Bianco1:


Trust RabbiDoracle, he will respond once he comes back from work...Rabbi please dissect the article before responding because your insights are very helpful.

Mpeace dey envy my pillow.

I don do fumigation against snakes and monkeys. I can now rest in peace ......sorrry, rest well.

Mpeace:
No let RabbiDoracle hear this one. The guy too fear, he no like invest. He like pillow things too much.

January was much of bull dominating.

February was when the bear use the bull do suya. Mendes and Agba na dem chop pass. Loco had to join in the suya-ing and big stouting.

What will March bring forth?

RabbiDoracle:


January was much of bull dominating.

February was when the bear use the bull do suya. Mendes and Agba na dem chop pass. Loco had to join in the suya-ing and big stouting.

What will March bring forth?

March will bring pig

currentprice:

March will bring pig

when was the last time you were around to ring our closing bell?