Seems ETERNA oil results is out, and some pips have seen it
This 10% movement today no bi ordinary o
Hmmm

leo1234:


I wanted to invest in that stock last month but Morgan gave me a warning about their listing when I clicked buy.

I guess u are probably referring to the notification of below listing standard (BLS). ...which is part of the small matter of coys with a less than 20% free float.
Well that isn't much of a problem. ...for the likes of Union bank, Transcorp hotel, E-transact, Champion breweries to mention just a few are all in the same boat.
However, CAVERTON seems to be the coy with the least % deficiency amongst all. ...It has just 2.6% deficiency, with about 17.4% of its outstanding shares now freely floated.

Yes its a small matter that contributes to the illiquid nature of the stock, but its not a problem for Mr TIME.
...For he is already working on it !!

Jejebaba:


You are right boss. A friend in fidelity told me CBN asked his team to take 1B naira provision in the oil and gas accounts he was managing. Na this one make my liver cut ooo. The guy had to dispose most of his banking stocks to key into Tbills until clarity is seen.

NB: I am not asking anyone to sell or buy any banking stocks ooo, i just thought of sharing what i heard from him here.

This is good news, as the result will be less smoky.

onegentleguy:



...This really cracked me up !!
Boss u can not kill me in this forum.

That news means that we should stop buying any illiquid stocks now because the main food is about to be served.

With this news, banking stocks will be buy 1 and get 3 free.

My pillows and mattress are marching and doing warm up.

wanaj0:


Wicked somebody.You know the announcements by OandO including refinery?

pluto09:



There is nothing new here. Some banks results were rejected last year for representation to the CBN.

Are you saying that Access is amongst them? Access should have released her results on the 5th of March and it is 7th now.

Jejebaba:


You are right boss. A friend in fidelity told me CBN asked his team to take 1B naira provision in the oil and gas accounts he was managing. Na this one make my liver cut ooo. The guy had to dispose most of his banking stocks to key into Tbills until clarity is seen.

NB: I am not asking anyone to sell or buy any banking stocks ooo, i just thought of sharing what i heard from him here.

Wait !!! Ordinary N1b. It is small na.

Anyway make we dey watch.
If banking results no show this week, then next week will be something else.

Again, SEC Extends e-Dividend Registration Deadline
https://www.businesspost.ng/2018/03/07/again-sec-extends-e-dividend-registration-deadline-to-march-31/

Jejebaba:


You are right boss. A friend in fidelity told me CBN asked his team to take 1B naira provision in the oil and gas accounts he was managing. Na this one make my liver cut ooo. The guy had to dispose most of his banking stocks to key into Tbills until clarity is seen.

NB: I am not asking anyone to sell or buy any banking stocks ooo, i just thought of sharing what i heard from him here.

I mentioned about Fidelity some weeks ago and poor provisioning. I know money is only made in Nigeria by rising prices, but, there is value in avoiding losses where possible if you are an INVESTOR. This information does not apply to TRADERS who typically execute by Reaction rather than Action.

Etisalat Loan

RabbiDoracle:


Are you saying that Access is amongst them? Access should have released her results on the 5th of March and it is 7th now.

RabbiDoracle:


Wait !!! Ordinary N1b. It is small na.

Anyway make we dey watch.
If banking results no show this week, then next week will be something else.

Hahahah, i hope the ordinary 1B naira is a sarcasm as if na only my guy dey manage all the oil and gas accounts in Fidelity. If his team alone was asked to take 1B naira provisions, i laugh in Swahili.

chai! senior Tolu

RabbiDoracle:


Are you saying that Access is amongst them? Access should have released her results on the 5th of March and it is 7th now.

Why should access release its result on that day?
They sure know how the whole thing works.
When you have not satisfied the CBN, there is no point in going to town to tell people you are going to release result on so and so date. CBN is not a rubber stamp.

RabbiDoracle:


That news means that we should stop buying any illiquid stocks now because the main food is about to be served.

With this news, banking stocks will be buy 1 and get 3 free.

My pillows and mattress are marching and doing warm up.

RabbiDoracle:


My pillows and mattress are marching and doing warm up.

onegentleguy:

currentprice:
chai! senior Tolu

_{^{na joke o,, nothing do u}}

...@ my currently pls forgive Sir Tolu of whatever he may have done.
But the 'chaii' part of ur post really got me laughing out loud.

currentprice:

Oh my Goodness !!
...that must be RabbiDoracles mattress !!

currentprice:
chai! senior Tolu

_{^{na joke o,, nothing do u}}

Shebi Toluway don talk say make we stop this "senior" movement. You no wan hear word abi?

Hello guys, please I have a question, I don't know much about shares/stock. A friend bought shares from zenith bank far back as 2004, bought 2000units. And wants to sell now, will it be profitable? And how much profitability?

currentprice:
chai! senior Tolu

_{^{na joke o,, nothing do u}}

As in woundjurement.

Are you sure he has not sold?

Jejebaba:


Hahahah, i hope the ordinary 1B naira is a sarcasm as if na only my guy dey manage all the oil and gas accounts in Fidelity. If his team alone was asked to take 1B naira provisions, i laugh in Swahili.

I get your point.

No wonder CBN reiterated the Dividend policy and stressed it that all banks will abide by it.

That means dividends will elude us.

tiar:


I mentioned about Fidelity some weeks ago and poor provisioning. I know money is only made in Nigeria by rising prices, but, there is value in avoiding losses where possible if you are an INVESTOR. This information does not apply to TRADERS who typically execute by Reaction rather than Action.

We will see how the following weeks turnout.

Imagine Zenith and Gtb declaring N1 final dividend. The market go scatter. It will herald the greatest of Bears ever witnessed on the exchange.

RabbiDoracle:


I get your point.

No wonder CBN reiterated the Dividend policy and stressed it that all banks will abide by it.

That means dividends will elude us.

RabbiDoracle:


I get your point.

No wonder CBN reiterated the Dividend policy and stressed it that all banks will abide by it.

That means dividends will elude us.

Rephrased.

Dividend will elude the people that were waiting for dividend.

rebekah2011:
Imagine Zenith and Gtb declaring N1 final dividend. The market go scatter. It will herald the greatest of Bears ever witnessed on the exchange.

Not necessarily. Seplat paid no dividend and they are waxing stronger.

Once the explanation is sufficient, the drop might not be much.

Else....

can someone reply me please

seyitanmichaels:
Hello guys, please I have a question, I don't know much about shares/stock. A friend bought shares from zenith bank far back as 2004, bought 2000units. And wants to sell now, will it be profitable? And how much profitability?

seyitanmichaels:
can someone reply me please

zenith as at today price is N31.20, tell your friend to compare this price with his purchase price, the different will be gain or loss

i think she bought for 10.something, thanks i will confirm
and is it possible to trade this particular shares on morgan capital?. i want them to be my stockbroker

currentprice:


zenith as at today price is N31.20, tell your friend to compare this price with his purchase price, the different will be gain or loss

seyitanmichaels:
i think she bought for 10.something, thanks i will confirm
and is it possible to trade this particular shares on morgan capital?. i want them to be my stockbroker

I like your style.

why please

bisiki2:


I like your style.

bisiki2:


I like your style.

What God has joined together, let no stockbroker or NSEMPA member put asunder.