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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:51pm On Mar 09, 2020 |
locodemy: Which appetite will people lose? If there is a single day of rise now, Mcy will finish us. 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:52pm On Mar 09, 2020 |
locodemy: Market will stabilize a bit mid trading on thursday.for now it's on a free fall. BARGAIN HUNTERS TAKE NOTE! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:53pm On Mar 09, 2020 |
robobo: Think if you are still in the market o. Me self don begin show Mercy for my brother's trapped. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 3:57pm On Mar 09, 2020 |
It seems the Saudi Prince is still counting his $... Currency market is fvcked up at the moment. The Saudis started this... Only them can stop this one. Funny how ECB is just watching... Very little they can do. Weak $ is good for the FED & TRUMP...the US cannot afford going into a recession with strong $ |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:03pm On Mar 09, 2020 |
stcool: Russia has released funds to support their economy from the oil crash. $150b. We will see what the Saudis will do. Today is holiday in Russia, so we will see what they will do tomorrow and how much discount they intend to sell oil. Once the gidigbo starts, it is for us to send delegation to Putin to go and postrate. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 4:05pm On Mar 09, 2020 |
stcool: Dont make a threat you cant fulfil --- Expect a long drawn oil price war (say 12 -- 18 month) Russia call the bluff, Saudi threaten to bring everybody back to the table my brother it is now more than oil-- it is now that of National Pride so none of the two side wld come to the table for now the third leg of the oil market (i.e. shale) is also ready for a long drawn battle (via hedges) so as i said earlier prepare for a long drawn war 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 4:08pm On Mar 09, 2020 |
RabbiDoracle: My pain is Nigeria...we are never prepared for events like this. I can bet that most people in Aso Rock don't even know the next line of action or even aware. As usual they have all hopes on Loan from China and they would expect CBN to perform another magic. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 4:14pm On Mar 09, 2020 |
OBAGADAFFI: In Nigeria, don't forget the Buhari plague as well. Having a dunce as President also has economic consequences. 6 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 4:17pm On Mar 09, 2020 |
RabbiDoracle: My Oga Putin wld not prostrate There is balance of power on both side break even (per current year national budget) for Russia is lower 40's and with a 570b reserve you can bet that it wld take some time before the abot $10 loss difference start pinching break even (per current year national budget) for Saudi is lower 80's and with a 501b reserve we can see who wld first feel the pinch with abt a loss of $40 per barrel MBS doesnt understand anything his gragra is too much (he is like current POTUS), acting before thinking My opinion is that strategy wise last week was not well managed by the Saudi (MBS) and it wld haunt them for a long time |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:20pm On Mar 09, 2020 |
robobo: Are these breakeven crude prices? I am not sure you have the right figures The last I know, Saudi breakeven was less than 20 |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:20pm On Mar 09, 2020 |
RabbiDoracle: |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 4:23pm On Mar 09, 2020 |
Agbalowomeri: i dont mean production cost i mean in term of how price impact the national budget example Nigeria adopted 57 but with that we are still going to run deficit which means we need price at higher than 57 for the budget to be balanced |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:23pm On Mar 09, 2020 |
robobo: I didn't say Putin will prostrate o. A delegation of nations (Nigeria, Angola, Venezuela etc) that are affected by the oil decline will go and beg Chief Putin. They will go and meet Otunba MbS. Abeg and prostrate. |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:24pm On Mar 09, 2020 |
robobo: Okay o as u dey talk breakeven ni |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 4:25pm On Mar 09, 2020 |
PETERiCHY:I need 2 weeks free fall for now. At least fbnh at 80k ucap at 30k and aiico at 22k is not a bad idea. Now Una teach me o |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 4:28pm On Mar 09, 2020 |
RabbiDoracle: ok i now understand but Putin wld not want to budge for now until his main reason ( a dent on the shale play) is at partly fulfilled https://www.bloomberg.com/opinion/articles/2020-03-09/oil-crash-saudi-arabia-s-price-war-worked-once-but-may-backfire see teh opening statement "" In a war of attrition, the winner isn’t the force with overwhelming power, but the one with the greatest capacity to sustain damage. "" 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:28pm On Mar 09, 2020 |
Go home, Awoof dey run belle! yom2: |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:32pm On Mar 09, 2020 |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 4:34pm On Mar 09, 2020 |
Agbalowomeri:so naija Is the loser of them all. |
Re: Nigerian Stock Exchange Market Pick Alerts by CashDiMkpa: 4:55pm On Mar 09, 2020 |
mendes911: |
Re: Nigerian Stock Exchange Market Pick Alerts by CashDiMkpa: 4:58pm On Mar 09, 2020 |
leo1234: Lol...the guy saw it o. I don't know how to read charts for now so i dont know how he read his, VWAp, PWAp, upside down etc. but he saw it. Meshpips no vex o. |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 5:03pm On Mar 09, 2020 |
I wan withdraw money from my morgan ..sent mailss no answer since Abi pple plenty for exit door again ni |
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 5:05pm On Mar 09, 2020 |
RabbiDoracle: Hmmm...i hope this scenario does not play out. Its possible but probably won't play out. |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 5:10pm On Mar 09, 2020 |
TLAX: My Oga why are you afraid let it play out nowwwww lolllllllllllllllllllllll |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:10pm On Mar 09, 2020 |
lancee: Hope dem get enough cash at hand sha |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:13pm On Mar 09, 2020 |
RabbiDoracle: Russia has released $150b to stabilize their economy Saudi has over $500b in reserve meanwhile after 5yrs Bubu is still looking for whom to borrow from and mortgage the lives of his subjects 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 5:13pm On Mar 09, 2020 |
Agbalowomeri: my oga no play rough play oooooooooooooo na dat wan go start original gobe ooooo lollllllllllllllll |
Re: Nigerian Stock Exchange Market Pick Alerts by CashDiMkpa: 5:17pm On Mar 09, 2020 |
Mcy56: There is always a first time... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 5:21pm On Mar 09, 2020 |
Agbalowomeri: Even Nigeria breakeven price is around $13 it's greedy and corruption that is killing our leaders. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:22pm On Mar 09, 2020 |
Survival of stock brokers especially discount brokers that collects less than 1% is now questionable. Bankruptcy of some firms filing.......ni |
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 5:24pm On Mar 09, 2020 |
robobo: Nothing to fear o. Just observing with no skin in the game. I know say you de pray for it to play out so that you go load. It won't. |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 5:25pm On Mar 09, 2020 |
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