Mcy56:

UACN still intoxicating Peter.
Oga Oracle dont mind him, he's one character on his own.
Some weeks ago when the same 'old cargo' was shouting bank stocks, he keyed into it o.

Lol. Same thing he did on Oando @1000, and Wapco @ 3Euros.
But I pray he makes it this time around

RabbiDoracle:


I don't see any bad words used by Peter in his post.

Na joke o.peter na my man nah

That's why I said he should kneel down while I go on my heels..


Serious joke

RabbiDoracle:


It can't meet it. Even your DY sef will beat the interest + part of the devaluation.

Absolutely true sir. Thanks.

robobo:


My Oga i know wan blive say devaluation (whenever it comes) wld meet u on d loan

d second base wey oga oracle dey usher in i blive wld come b4 any devaluation. u can bail out as soon as d second base come and pay out the loan (while enjoying ur gain therefrom) so that the negative (of devaluation) does not meet u on d loan

Amen oo, thanks for the advice sir.

lancee:




36 months ..that na good deal oga ..Max I have used /offered was 12 to 18mths

Mine is 60 months (5 years) though, I think most forex loans are in those time range 36 months to 60 months more or less.

CBN Issues One-Year OMO Bills at 13.30% as Appetite Wanes
https://businesspost.ng/economy/cbn-issues-one-year-omo-bills-at-13-30-as-appetite-wanes/

Nigeria Issues 58,000 Visas to Foreign Investors at Lagos Airport
https://businesspost.ng/economy/nigeria-issues-58000-visas-to-foreign-investors-at-lagos-airport/

Naira Stable at Parallel Market, Interbank; Loses at I&E
https://businesspost.ng/economy/naira-stable-at-parallel-market-interbank-loses-at-ie/

Nigeria's Bonny Light Crude Hits $64 as OPEC Begins Meeting
https://businesspost.ng/economy/nigerias-bonny-light-crude-hits-64-as-opec-begins-meeting/

NASD Market Points South by 0.33% as Friesland Extends Gains
https://businesspost.ng/economy/nasd-market-points-south-by-0-33-as-friesland-extends-gains/

Oga Oracle. 50kobo ke

RabbiDoracle:

This should hit 50 kobo before end of December 2019.

rebekah2011:
Oga Oracle. 50kobo ke

Did I make a mistake? Is 50kobo too high? What's your take then?

People will be scared and sell.

RabbiDoracle:



Did I make a mistake? Is 50kobo too high? What's your take then?

People will be scared and sell.

Don't think it will get to 50k on this news.

When I saw the profit warning, I also went into panic mode but I checked on the figures for 2018 and 2017 and Q2 2019. The turnover for the 3 periods are as follows 2.3b, 1.8b, and 1.65b. How they ended up budgeting 2.6b turnover for Q3 was totally ridiculous. As of Nov 2019, the turnover is 1.8b meaning that Q3 2019 may likely end around 1.85b, higher than full year 2017. It must also be stated that the expenses of the coy have gone up and the profit for 2020 Q4 may likely end in a marginal loss or lower profit of 109m declared in full-year 2019. 50kobo will be overkill as UPDC and many other bad stocks are not even selling below N1. If it gets to N1 or below, I will try and buy more. But the price must definitely go lower between now and next week.

RabbiDoracle:



Did I make a mistake? Is 50kobo too high? What's your take then?

People will be scared and sell.

Intendy:
Stocks with new 52 week lows

RT briscoe #0.21k

Deap capital #0.40k

Arbico #4.32k

Medview airline #1.62k

An indicator the bull is not done yet.
Sit tight in your respective buses.
If you think you are late, Flourmills and UACN still has sufficient gas.
Blame me if this goes wrong!

OakPearl:


An indicator the bull is not done yet.
Sit tight in your respective buses.
If you think you are late, Flourmills and UACN still has sufficient gas.
Blame me if this goes wrong!

ETI, WAPCO.
UACN don reach Lokoja from Abuja.

fxuser:


TA update
- weekly close above N8 is a fresh technical brkout and also a fresh buy sig (late comers fear not)
- next test is N9.35 (d highest weekly close dis yr back in Feb, - if we stall, dis n8 region level will become support and a fresh higher low (forget dat n6.20 )
- a weekly close above that is another fresh brk out (see Access chart after breaking above N7 - just took off, no over head ss)
- anyways, another key level is the first 52 week high, its very important (n12), a close above will be more explosive .
(52 wk high only begat more 52 wk highs)

recomm
- dont get shaken out , if u did , buy brk outs or pull back to support , enuf meat on a positive trend
- poor entries are forgiven, ff d ogas on d forum

UACN almost on FULL BID
Parte after parte after parte!

Did anybody notice that the buy and sell page of Morgan is not functioning ?

Mpeace:
Lol. Same thing he did on Oando @1000, and Wapco @ 3Euros.
But I pray he makes it this time around

Amen in Jesus name.......................and every other person in the bus.

Mcy56:
Did anybody notice that the buy and sell page of Morgan is not functioning ?

Even Meristem is down, at least from my end. They sent a mail to the effect their specialists are frantically working to sort it out.

Jejebabaa:


Mine is 60 months (5 years) though, I think most forex loans are in those time range 36 months to 60 months more or less.

i was referring to money transfer credit cards at 0% interest for 3 years.
Ex a CC with £20K limit will generally allow you to draw about £18k (90%) with a one off fee of 2.99% (£540).
Do the maths!
Barclays is offering me one at the mo, with 2.99% fee.

Jejebabaa:


Mine is 60 months (5 years) though, I think most forex loans are in those time range 36 months to 60 months more or less.

Lucky u jeje ..what was the rate offered ? ..Think urs was a PL [ personal loan]
0 % is for Cc with balance transfer or money trsfer fee mostly 3% or more

gokefolaranmi:
Even Meristem is down, at least from my end. They sent a mail to the effect their specialists are frantically working to sort it out.

Thanks. The trade engine is working fine in Morgan, only the buy/sell page is having issue for now.

41 guests, una wehdon ooo.
65 now........72.................81 ...............still counting......

rebekah2011:
When I saw the profit warning, I also went into panic mode but I checked on the figures for 2018 and 2017 and Q2 2019. The turnover for the 3 periods are as follows 2.3b, 1.8b, and 1.65b. How they ended up budgeting 2.6b turnover for Q3 was totally ridiculous. As of Nov 2019, the turnover is 1.8b meaning that Q3 2019 may likely end around 1.85b, higher than full year 2017. It must also be stated that the expenses of the coy have gone up and the profit for 2020 Q4 may likely end in a marginal loss or lower profit of 109m declared in full-year 2019. 50kobo will be overkill as UPDC and many other bad stocks are not even selling below N1. If it gets to N1 or below, I will try and buy more. But the price must definitely go lower between now and next week.

My average is currently N2, i'll begin averaging down to the 1.5 region at the slightest sign of overkill.

How many companies listed on NSE issues profit warnings? even the ones on live support!

Speaks +vely about the management

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/28351_MULTIVERSE_MINING_AND_EXPLORATION_PLC_CORPORATE_ACTIONS_DECEMBER_2019.pdf
Hope rising

We don suffer sha......

bigjay01:


i was referring to money transfer credit cards at 0% interest for 3 years.
Ex a CC with £20K limit will generally allow you to draw about £18k (90%) with a one off fee of 2.99% (£540).
Do the maths!
Barclays is offering me one at the mo, with 2.99% fee.

Oga mi sir, this looks like a great deal ooo. What are u still waiting for except I am missing sth. My own credit card, you will have to pay back the full balance monthly to avoid charges and the cash withdrawals from the credit card is just 30% of the entire credit card worth.

Without the FPI coming back en masse, market might remain like this till 2023.....

OMO and Treasury bills money seems to have finished.

We keep watching.

lancee:



Lucky u jeje ..what was the rate offered ? ..Think urs was a PL [ personal loan]
0 % is for Cc with balance transfer or money trsfer fee mostly 3% or more

Yeah, mine was a personal loan of 4.96% interest rate p.a

I think that former Chairman Dr Lekan Are stayed too long in that coy. The business may die in the next few years if care is not taken.

bigjay01:


My average is currently N2, i'll begin averaging down to the 1.5 region at the slightest sign of overkill.

How many companies listed on NSE issues profit warnings? even the ones on live support!

Speaks +vely about the management

Peterichy include the UBA faithfuls in your next meme, how they're looking together with Zee guys.
Access and fbnh .....busy defending their share prices.......... FBNH still get energy, let's hope it wouldnt be frustrated.

When the funds eventually came, UACN is above 8. I want to go for ETI instead. @cc, ogg , Loco, Peter and co how una see am. I done fiill in for ETI. Lol.

Jejebabaa:

Oga mi sir, this looks like a great deal ooo. What are u still waiting for except I am missing sth. My own credit card, you will have to pay back the full balance monthly to avoid charges and the cash withdrawals from the credit card is just 30% of the entire credit card worth.

opportunities?

Someone should come and move this PZ na.
It ought to have moved since, with its full/almost full bid for the past few weeks. Lol. It will move when the time comes.

Throwback Friday

Who was around this time?

1988! chai!

the FA guys are really receiving nice bashing. I hope they will not panic sha

Mcy56:
Peterichy include the UBA faithfuls in your next meme, how they're looking together with Zee guys.
Access and fbnh .....busy defending their share prices.......... FBNH still get energy, let's hope it wouldnt be frustrated.

Jejebabaa:

Yeah, mine was a personal loan of 4.96% interest rate p.a

Thought as much ..option was the Cc if u have a good offer from ur bank
One quickly make use of the offer /payback b4 APR goes high