Mcy56:
Anybody noticed that multiverse left car park today?

with that massive volume traded yesterday,I am not surprise.

Mcy56:
Anybody noticed that multiverse left car park today?

Yes. I also noticed you are the bus driver. I hail ooooo

http://www.nse.com.ng/Financial_NewsDocs/C%20AND%20I%20LEASING%20N7%20BILLION%20SERIES%201%20BOND%20ISSUANCE.PDF

https://nairametrics.com/forte-oil-share-price-tumbles-to-lowest-in-5-years/ currentprice how low can it go!

http://www.nse.com.ng/Financial_NewsDocs/Golden%20Guinea%20Breweries%20Plc%20-%20Statement%20of%20Affairs%20-%2031%20March%202018.pdf

NSE Suspends Trading in Shares of African Alliance, 7 Others
https://www.businesspost.ng/2018/07/05/nse-suspends-trading-in-shares-of-african-alliance-7-others/

We’re Restructuring Our Manufacturing Operations in Nigeria—P&G
https://www.businesspost.ng/2018/07/05/were-restructuring-our-manufacturing-operations-in-nigeria-pg/

VAIDS: FG to Release Names of Tax Defaulters Mid-July
https://www.businesspost.ng/2018/07/05/vaids-fg-to-release-names-of-tax-defaulters-mid-july/

maishai:
Guys o.................Whats happening to forte oil..........its is roing my portfolio o......im yet to com to terms with its madness....Insier info will really help at this time

What made you buy the stock and why exactly are you still holding?
Strong fundamentals, bullish technicals or kalo kalo?

Processor01:


What made you buy the stock and why exactly are you still holding?
Strong fundamentals, bullish technicals or kalo kalo?

u never no say fire dey on the mountain? for company that gets her money from subsidiary ans suddenly decides to sell off all the subsidiaries, u never see something. i don sell my holdings long ago.

DOLLARTEX:
with that massive volume traded yesterday,I am not surprise.

what's d gist?

aremso:



u never no say fire dey on the mountain? for company that gets her money from subsidiary ans suddenly decides to sell off all the subsidiaries, u never see something. i don sell my holdings long ago.

I don't own this stock but I'm worried as to why the fella is still holding such a worthless stock that thrives on price manipulations.

DOLLARTEX:
with that massive volume traded yesterday,I am not surprise.

Wish we can get info on what is cooking......... not the smell of what The Rock is cooking o, that one go bad gan.

mendes911:
Yes. I also noticed you are the bus driver. I hail ooooo

Me ke! I no dey inside this bus o.
I read somewhere that jamace is the CEO of those kind of stocks. Maybe he can shed more light on it for us.
They don release you from ban. Go and sin no more.

Mcy56:

Me ke! I no dey inside this bus o.
I read somewhere that jamace is the CEO of those kind of stocks. Maybe he can shed more light on it for us.
They don release you from ban. Go and sin no more.

How you come take know? I think say na only me and cp know who is on ban...

locodemy:
How you come take know? I think say na only me and cp know who is on ban...

Chief Loco good evening sir. How biz?
He said it when he used another moniker to comment on the thread and was noticed.

maishai:
Guys o.................Whats happening to forte oil..........its is roing my portfolio o......im yet to com to terms with its madness....Insier info will really help at this time

Ask madam Mercy, she use to be their representative, but who did FO offended, #26 as of today, from above #100 to #26.

Chibuking81:
Ask madam Mercy, she use to be their representative, but who did FO offended, #26 as of today, from above #100 to #26.

Oga Chibuking, long time sir. I believed you are referring to mercillicious here sir.
I dont know what the oga was looking at till now without selling it.

Chibuking81:

Ask madam Mercy, she use to be their representative, but who did FO offended, #26 as of today, from above #100 to #26.

If the Q2 result come bad,by August/sept when the bears will be growing fat,we may see it at 10 and zenith at...........

Mcy56:

Oga Chibuking, long time sir. I believed you are referring to mercillicious here sir.
I dont know what the oga was looking at till now without selling it.

Another portfolio rebalancing warming up .This market will continue to make people rich till the end of time.

Please any update on Flourmill s conference call today?

NSEMPA guys rightnow

Mcy56:

Me ke! I no dey inside this bus o.
I read somewhere that jamace is the CEO of those kind of stocks. Maybe he can shed more light on it for us.
They don release you from ban. Go and sin no more.

Am free at last, Yayira finally let me go. She practically "handled" several of us within minutes. Some will be gone far longer than I.

MSCI- NIGERIA MOVEMENT FOR 5 JULY 2018/GENERAL MARKET COMMENT


For Wednesday and Thursday, MSCI maintained a clean slate (this is good new), but I am sure there will not be any substantial purchase until the last week of the month.

Some good volume showed up in UBA, Zenith and Transcorp yesterday 5th of July 2018. But generally the low volume in the general market continued.

With index closing at 37,743.22 , everybody will be slightly positive about the market. But the General situation has not changed, we are still in the bear market.

I am reverting back to my technical analysis knowledge as the fund is now less active. But will continue to monitor the MSCI index, as it provides me with an easy guide to know what the market is doing. I expect to be more profitable now as and I will be more selective in terms of the stocks I buy. My choice of equities will now be guarded by 20% fundamentals and 80% technical analysis, for me I have a quick way of determining fundamental of a company by looking at approximately 4 (four) ratios to keep thing simple and easy. Previously I imbibed the idea that fundamentals does not matter, just like what we read in all those foreign books, but alas this is a 3rd world Country where the level of uncertainty plus tendency to hide/give false information is too high.But with time and seeing so many companies that have gone out of business or are not doing well again. Examples are John Holt, RT Briscoe, NIYAMCO, Tantalizer, SCOA etc. I have escaped many of them without any significant loss of capital. Therefore, now that I have above average knowledge of technical analysis on my side, I will always escape any bad investment ahead of most members of the public even now there are some equities I will never touch, they don't even enter into my reckoning at all, just for the benefit of others I will mention Multiverse, Tripple Gee, Daar, Capoil, Multitrex.

Will be telling the forum what I am buying/selling from time to time. For now, I am putting a break to further purchases as I still have some money in the market and will be closely monitoring them.

Using the fund’s portfolio as a guide, “green” mean buying while “red” is selling.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.
N:B

Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who is doubting the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

Please be notified of the suspension of trading in the shares of the companies listed below effective today, 5 July 2018:
1) African Alliance Insurance Plc
2) Cornerstone Insurance Plc
3) R. T. Briscoe Plc
4) Royal Exchange Plc
5) STACO Insurance Plc
6) Standard Alliance Insurance Plc
7) Universal Insurance Company Plc
8 ) Veritas Kapital Assurance Plc
The suspension of the above listed companies will only be lifted upon the submission of the relevant accounts and provided The Exchange is satisfied that the accounts comply with all applicable rules of The Exchange.

Hope this veristaskap jijo master, jideflash already left the bus before the suspension sha.

Fidelity
- very low vol yesterday , under 1.5m traded

One is week is complete o
Let our prophets come out o and tell us if we should continue living in the village

Agbalowomeri:
One is week is complete o
Let our prophets come out o and tell us if we should continue living in the village

Prophet(s) that Yariya sent on ghost mood. You go wait tire....

Yawn
Sleep dey catch me, abeg make 3 nack make I go Russia

Mendes911

Trying to call Yariya out ba, she self don enter quite mode

Agbalowomeri:
One week is complete o. Let our prophets come out o and tell us if we should continue living in the village

You said you'll be back by Nov/Dec. Thought by now you would have cleared hectares of land for farming in the village.

Agbalowomeri:
Yawn
Sleep dey catch me, abeg make 3 nack make I go Russia

Just pray say cavani no shoot down the only african side remaining.

Mcy56:

You said you'll be back by Nov/Dec. Thought by now you would have cleared hectares of lands for farming in the village.

He came home with nothing. Only him cloth and two loafs of bread.