The free fall wti dey do dey scary. Who vex them na??

Wti @ $4.88 per barrel is a go!

stcool:
This week presents the last opportunity to bail out from the market...

Reality kicks in from next week until yr end.

A word is enough....CASH is KING

NSE is not NYSE...CBN is not FED!

From January to December CASH is KING
When do you now put your CASH to use

http://www.nse.com.ng/Financial_NewsDocs/29707_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

63% increase in PAT from 2019 to 2020. I am impressed!

thebargainhunte:
The free fall wti dey do dey scary. Who vex them na??

Non OPEC members (US, Canada, Mexico) will need to cut their own or see mass layoffs in the oil sector plus bankruptcies.

Dem don do them strong things.

Bomboclad:
http://www.nse.com.ng/Financial_NewsDocs/29707_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

I knew FBNH would make me proud, which is why I announced my entry 2 days ago. 63% increase in PAT from 2019 to 2020. I am impressed!

Full bid starting from this midnight.

After markdown, fullest bid.

Has gsk released their 2019 final result please

Bomboclad:
http://www.nse.com.ng/Financial_NewsDocs/29707_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

63% increase in PAT from 2019 to 2020. I am impressed!

I bought some units today after listening to their 2019FY conference call

RabbiDoracle:


Full bid starting from this midnight.

After markdown, fullest bid.

So anybody that bought today will enjoy both dividend and capital appreciation.
UBA should repeat same and make me smile.

shrink007:

Why is Brent not going down like WTI ?

ojesymsym:
With crude selling at this $11, the hunger wen de front plenty o.

WTI now selling for $1
It lost over 94% today alone

RabbiDoracle:


Non OPEC members (US, Canada, Mexico) will need to cut their own or see mass layoffs in the oil sector plus bankruptcies.

Dem don do them strong things.

Nemesis don catch up with them. Them think sey na only opec needs cut.

RabbiDoracle:
Let's enjoy the next phase of greenish ride.

Amen. Thank you sir.

RabbiDoracle:

Consolidation?
Time never reach na.
It needs to trade well off the low, then it will starts.
Plane wey never enter 24,000 feet.

Support I meant to say.

Princkez:
I bought some units today after listening to their 2019FY conference call

Hmmm. So why didn't you mention this before close of market?
Thought some people here says coys will roll out poor Q1?
Expecting good Q1 from Zee too. Bargain dreamers should keep on dreaming.

PETERiCHY:
From January to December CASH is KING
When do you now put your CASH to use

Mcy56:

Hmmm. So why didn't you mention this before close of market?
Thought some people here says coys will roll out poor Q1?
Expecting good Q1 from Zee too. Bargain dreamers should keep on dreaming.

remembered our discussion this morning....that was when I made the decision

[quote author=Princkez post=88664569][/quote]

I read the post before replying you now. It was just an assumption, which could have gone the other way.
Anyway, it changes nothing from my view of Fbnh, bargain hunters will wait at the right junction.

FBNH

Mcy56:


I read the post before replying you now. It was just an assumption, which could have gone the other way.
Anyway, it changes nothing from my view of Fbnh, bargain hunters will wait at the right junction.

thanks

leo1234:


Why is Brent not going down like WTI ?

Most Brent oil producers have cut.

WTI is primarily produced in the US. If una no cut, the oversupply go finish them.

Those that will buy at this $1 are the ones that will gain most.

Once it rises from this point, it will gain 1,500% in less than 1 hour sef.

See money!

PETERiCHY:


WTI now selling for $1
It lost over 94% today alone

Trump don break record.

PETERiCHY:


WTI now selling for $1
It lost over 94% today alone

Lots of oil funds are completely wiped out.

Money don go.

Its currently $0.01... i yam not understanding!

RabbiDoracle:


Trump don break record.

RabbiDoracle:
Lots of oil funds are completely wiped out.
Money don go.

Sir, what does this mean for our market?
The $0.01 especially?

leo1234:


Why is Brent not going down like WTI ?

Because of God.

I told you this week is last opportunity to sell off and hold cash...till Q4 2020

Its OK to ignore...A lot of money will be wiped off from NSE!

Be wise...Bailout now or get wiped out!

stcool:
I told you this week is last opportunity to sell off and hold cash...till Q4 2020

Its OK to ignore...A lot of money will be wiped off from NSE!

Be wise...Bailout now or get wiped out!

NYSE has not yet been wiped off.

So relax.

Princkez:
I bought some units today after listening to their 2019FY conference call

Does anyone have any info on this?

Mcy56:

Sir, what does this mean for our market?
The $0.01 especially?

No effect.

US must cut that their production.

Ours is Bonny Light.

RabbiDoracle:
No effect.
US must cut that their production.
Ours is Bonny Light.

OK. Thanks sir.
Wrong info is currently trending cos some people don't know the difference btw the US shale oil and our brent. At least this clarifies it.