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Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:03pm On May 15, 2018
maishai:

which of the tinubus owns oando jagaban or wale tinubu, are they related, pls o! 4give my prudery
Na dr same family. I think jagaban is wale's uncle. Wale is at oando. I don't know if he owns it cos some pple say he doesn't have majority share.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:08pm On May 15, 2018
fxuser:


u don mop am abi ! ..
No be me oh. But I see as samzepaparazi hand de do and I immediately know say something is about to happen to transcorp.
Re: Nigerian Stock Exchange Market Pick Alerts by chipa: 12:08pm On May 15, 2018
RabbiDoracle:


"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."
Great quote. I know it might be leaking but I will wait for the next general bull to vamose . At that time every dead stock temporally resurrect.Thank God Diamond bank is sick but still alive.

~ Warren Buffett
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 12:09pm On May 15, 2018
2zona:
So Mr Brent just touched 79USD few minutes back. OK oo
79.20 now

... smell the bull.
Re: Nigerian Stock Exchange Market Pick Alerts by samzepaparazi: 12:12pm On May 15, 2018
Transcorps full bid didnt last 2 seconds but its a good sign
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:18pm On May 15, 2018
Chibuking81:

Nice job, please educate us the more on their difference, Conoil PLC and Conoil producing.


One of the primary equity holder in one of the leading companies in refined products marketing in Nigeria ( Conoil PLC)

It's clear now they are not the same, but has some relationship.

In this their relationship, which of them contributes to the other?

Conoil Producing and Conoil Plc are both controlled by Mike Adenuga via Conpetrol Limited. They are affiliate companies but shareholders of Conoil Plc do not benefit from Conoil Producing (as such). Conoil producing is an upstream player dealing in exploration and production. Conoil Plc is a marketing associate publicly owned and listed. Conoil Plc has more business dealings with NNPC than with Conoil Producing sef.

I don't have much info about ownership structure of Conoil Producing as it's privately owned. You can go through Conoil Plc's last audited results to understand their business. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 12:20pm On May 15, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:23pm On May 15, 2018
Manonamission:


Conoil Producing and Conoil Plc are both controlled by Mike Adenuga via Conpetrol Limited. They are affiliate companies but shareholders of Conoil Plc do not benefit from Conoil Producing (as such). Conoil producing is an upstream player dealing in exploration and production. Conoil Plc is a marketing associate publicly owned and listed. Conoil Plc has more business dealings with NNPC than with Conoil Producing sef.

I don't have much info about ownership structure of Conoil Producing as it's privately owned. You can go through Conoil Plc's last audited results to understand their business. smiley
Oando and Seplat are the only indigenous company quoted on NSE that deals in crude oil. I might be wrong though.
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 12:23pm On May 15, 2018
Will this ever happen again?..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chipa: 12:25pm On May 15, 2018
RabbiDoracle:


"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."


~ Warren Buffett
Great quote. I know it might be leaking but I will wait for the next general bull to vamose . At that time every dead stock temporally resurrect.Thank God Diamond bank is sick but still alive.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 12:25pm On May 15, 2018
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:36pm On May 15, 2018
Yayira:
Zenith every stage is a battle.

CP gave zenith a buy at 26 but all these 23 gangs no let person see road or think straight. The way they’ll talk ehn, you no go know when you follow them dey wait for the impossible.

I don’t cry over spilt milk but missing Zenith and CCNN, I will always regret not buying when their prices were so F**king good

Just learn to buy in tranches... at least you will have some units.

I picked some Zenith units just below 26, some at 26.50, some at 27.00, last purchase was at 27.50.

U cant time this mkt.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 12:36pm On May 15, 2018
Market gradually turning red. If the bigger banks are shedding weight, the smaller ones should just tight their seat belt inside the "offer bus".
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:38pm On May 15, 2018
RabbiDoracle:


"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."

~ Warren Buffett

...Well it depends on the extent of leakage !!
Am sure that's why Sir Warren Buffett used the word 'likely'.
...meaning an outright probability, with an equally reverse possibility.

With DIAMOND the result is bad, but not beyond remedy. ...so the 'leak can be patched'.
However, 'the energy required to fix things' will only be useful if u bought the said 'gum or materials needed for the patch' at between N1.20-1.30k. (my forward looking price).
This leaking DIAMOND boat would make some folks some good money.
...so there may not be need 'to change vessels'.
'We are stationed by the river bank waiting for the captains of the boat to paddle it down our way'.
Money is about to be made by the brave and shrewd investors !!

NOTE: This is not an investment advise.
My Verdict: Follow ur Instinct.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 12:47pm On May 15, 2018
freeman67:
Will this ever happen again?..

Chances are that those who didnt take opportunity of it the last time prices were at that level, still wont when next it happens. But as for happening, you can be sure that within the next 5 years, almost all the quoted companies will at one stage or the other fall reasonably below their current price levels due to inter or external factors or a combination of both.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:52pm On May 15, 2018
dipoolowoo:
BREAKING: Senate Finally Lays 2018 Budget Report
https://www.businesspost.ng/2018/05/15/breaking-senate-finally-lays-2018-budget-report/
If the market does not react positively when budget is finally passed, be sure that the problem is no longer a physical one.
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 12:52pm On May 15, 2018
PETERiCHY:


I hope Carveton airline has not crash along with Mr. TIME? we no longer see his long epistle.

Now let's hear the BITTER TRUTH.

*Sell in MAY and GO away BEAR,.

*Month-end BEAR,

*Ramadam fast BEAR and

*Raining Season BEAR are all around the corner.

So investors so brace up, To be forewarned is to be forearmed.

*ThE OcToPuS*

Dubai: The Australian Muslim Council of Imams has declared that Ramadan will fall on Thursday May 17, 2018.

In a circular issued on Tuesday, the council stated that “following extensive consultations with nationwide Islamic leaders and imams from the Australian National Imams Council Executive Committee and their representatives from all Australian states, the first night of the holy month of Ramadan and Taraweeh prayer will be on Wednesday the 16th of May after Maghreb (sunset)”

https://m.gulfnews.com/guides/life/ramadan/news/australia-announces-ramadan-for-thursday-1.2221627

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 12:55pm On May 15, 2018
The Nigerian market na serious witch. I won't be surprised if the market closes bearish that day.
Mpeace:
If the market does not react positively when budget is finally passed, be sure that the problem is no longer a physical one.
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 1:15pm On May 15, 2018
TLAX:


Chances are that those who didnt take opportunity of it the last time prices were at that level, still wont when next it happens. But as for happening, you can be sure that within the next 5 years, almost all the quoted companies will at one stage or the other fall reasonably below their current price levels due to inter or external factors or a combination of both.


Very correct @TLAX, i have studied these cyclical moovements
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 1:15pm On May 15, 2018
PETERiCHY:


Dubai: The Australian Muslim Council of Imams has declared that Ramadan will fall on Thursday May 17, 2018.

In a circular issued on Tuesday, the council stated that “following extensive consultations with nationwide Islamic leaders and imams from the Australian National Imams Council Executive Committee and their representatives from all Australian states, the first night of the holy month of Ramadan and Taraweeh prayer will be on Wednesday the 16th of May after Maghreb (sunset)”

https://m.gulfnews.com/guides/life/ramadan/news/australia-announces-ramadan-for-thursday-1.2221627

Again...another myth about corelation between ramadan and stock price. I will believe when you show me the facts. A simple graph showing NSE Index Movt. in last five ramadan will convince me.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chipa: 1:18pm On May 15, 2018
Mpeace:
If the market does not react positively when budget is finally passed, be sure that the problem is no longer a physical one.
Oga a lot is happening that will propel the bull. Just remain unshakable.It most occur soonest.Make sure you are well positioned and wait for it. Factors That will propel the next massive bull.
(1) Rising in price of crude oil.
(2) Reduction in MPR
(3) Passage of the budget
(4) Declining in inflationary trend
(5) increase in External reserve.
Almost all these has been fulfilled so get ready.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:22pm On May 15, 2018
dipoolowoo:
The Nigerian market na serious witch. I won't be surprised if the market closes bearish that day.


Lol @ serious witch grin grin
Someone was asking the other day if Super Eagle loss will affect the market grin

I’m yet to see what doesn’t affect NSE

grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:25pm On May 15, 2018
Willie2015:


Just learn to buy in tranches... at least you will have some units.

I picked some Zenith units just below 26, some at 26.50, some at 27.00, last purchase was at 27.50.

U cant time this mkt.



Ok
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:28pm On May 15, 2018
PROPHECY IS FAST BEING FULFILLED BEFORE OUR EYES ... ABOUT JERUSALEM IN ISRAEL.
YESTERDAY WAS BLOODY

www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/13#67581332
Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 1:39pm On May 15, 2018
Yayira:



Lol @ serious witch grin grin
Someone was asking the other day if Super Eagle loss will affect the market grin

I’m yet to see what doesn’t affect NSE

grin

grin grin grin grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by oyesola: 1:57pm On May 15, 2018
....This bear is an opportunity to buy MORE at lower price. Don't faint!!!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 1:57pm On May 15, 2018
Maybe Bubu's loss in the 2019 polls would. grin grin grin grin
Yayira:



Lol @ serious witch grin grin
Someone was asking the other day if Super Eagle loss will affect the market grin

I’m yet to see what doesn’t affect NSE

grin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 2:00pm On May 15, 2018
That has always been my philosophy. Falling stock price is good news to smart buyers so far the stock has good potentials.
oyesola:
....This bear is an opportunity to buy MORE at lower price. Don't faint!!!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 2:00pm On May 15, 2018
The 2019 presidential election is approaching!

Those who are conversant with the happenings of the Nigerian stock exchange know what I mean!!

Don't Forget History!!!

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:08pm On May 15, 2018
Chai! Agba don spoil show for Fidelity sha shocked
Maka why na? You suppose bring out your pillowcase to defend the stock na sad
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:30pm On May 15, 2018
Wow! What a trading day!!! angry
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:38pm On May 15, 2018
The BULL is definitely around the corner. ...the more it tarrys downwards the better and higher the aggressiveness with which it shall come !!
The Nigeria economy is clearly very well placed for it.

Here are a few positive array of news:

- Oil prices near $80/pb.
- Positive impact of liquidity spread from the soon to be passed 2018 fiscal budget.
- CBNs Investors & Exporters window is doing monthly inflows of over $5 billion. ...clearly showing that the draw out of net inflow to outflow currently favours capital importation. ...monies are gradually flooding in.
- CBN sales in the FX market down by 69% in April from $1.3b to $420m.
- External reserve closing in on $50bn providing a near 15 months of import cover.
- 91 days TB down to 10%. ...and with a much higher probability of yeilds trending further down.
- International air load to/fro Nigeria increases by over 90%.
- Retail consumer traffic increases in malls. Vacancy rates reducing. ...unemployment rate steadily moving off from the usual sharp decline.
- Corporate earnings back with a bang.
- Inflation still on a downward trajectory. ...with the latest figure from the NBS showing a decline by 0.86% to 12.48% in Aprill from a 13.34% rate in March.
- N1.17trn tax revenue collected in Q1 2018 as against N778m in Q1 2017. ...an incredibly huge jump, which would go a long way in aiding the country's current debt position (...a good tax to GDP improvement and headed in the right direction).
- Bank lending rates are coming down. Now offering loans at between 15%-17% for fixed tenors. ...down from a high of btw 21-25%.
- Positive Impact of the recent Yuan swap expected to kick in by 1st of June 2018.
- NCS confirmed a whooping 558.4% increase in Farm produce export.
- Various rail projects nearing completion which are well placed to drive up aggregate GDP.
- The Largest rice mill in SSA (Sub-Saharian-Africa) with 32 metric tons/hr production capacity (130million Kg of processed rice per year) located in Imota Lagos will be ready in Jan 2019. Mill will employ over 200,000 people.
- The Dangote refinery together with his many other group projects (6 in total), spanning petrochemicals, flour expansion, fertilizer/agricultural drive, local sugar production, local rice production and cement capacity expansion, expected to create nearly 3,000 jobs and provide a good measure of FX stability (from savings and earnings) of near $16 billion are also in the pipeline.

Truly there can be no better time to be in the Market than now !!
Better not to time the Market. ...'better to dine now with Mr TIME' before he presents the BULL.
...for It shall come like 'a die in the wool thief', and at a time u least expect !!

NOTE: Pls kindly read thru my signature below.
My Verdict: Follow ur instinct.

Regards.

4 Likes

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