MarketWatch

[Michael]

Originally Posted by knightofdelta

That is a possibility. The balance sheet may look kind of skewed if there is a lot of disparity between the two. It is also to their benefit if they can quote extra-large numbers when they release their results as a sort of marketing spin.

The Business of banking is taking money from A at a fixed cost and selling it to B at a higher fixed cost. Nothing else. It is not to keep your money secure, but to use it to generate income for the shareholders. To achieve this they require certain Infrastructure such as Offices, furniture, cars, adverts, services and a lot of hype which is financed by shareholders(Owners). The more shareholders investments they have the more deposits they need to obtain to generate income for the company salaries for the employees and profits (or losses) for the shareholders. So the money that is got from PO's only buys you ownership into the business of moneylending and is used to Finance all those things your employees use to pose for you.

[billions]

Originally Posted by Apache

lonely, i am so lonely, i have nobody, to call....

See UNILAG sense!!!

...a brillant way to say that u are SSS(single and seriously searching)?

[Taipan]

Originally Posted by zainabusman

3rd Positive day then. Despite some poor results from Ashaka and WAPCO.

With NGCs' plans for gas price increase, I doubt if companies that have anything to do with manufacturing have any future in the nearest future.
See Proshare News

Nigerians may not have heard the last of industry closures as many more are soon to go under if the Nigeria Gas Company (NGC), sole marketer of industrial gas in the country, goes ahead with its plan to increase the price of the commodity by 200 percent..

[fredski]

Originally Posted by billions

See UNILAG sense!!!

...a brillant way to say that u are SSS(single and seriously searching)?

hhhhh hahahahahahahahahhahahahahahah hahahahah
You cracking me up

[Apache]

Originally Posted by billions

See UNILAG sense!!!

...a brillant way to say that u are SSS(single and seriously searching)?

Chei! see as you catch me for trouser.
Meanwhile, i need like 2 weeks sustained bull run to get myself back into the "green" pasture. I hope this stuff is for real even though my gut feel tells me otherwise.

[billions]

Originally Posted by Apache

Chei! see as you catch me for trouser.
Meanwhile, i need like 2 weeks sustained bull run to get myself back into the "green" pasture. I hope this stuff is for real even though my gut feel tells me otherwise.

Another positive day!

It seems d market is stabilizing...not d usual price rush up followed by price rush down.

[billions]

The index increased by 1.26%.

[zainabusman]

Originally Posted by billions

Another positive day!

It seems d market is stabilizing...not d usual price rush up followed by price rush down.

This is only the 4th day. We need to cross at least 6 days.

[fredski]

Originally Posted by zainabusman

This is only the 4th day. We need to cross at least 6 days.

Yep I agree..... then who knows we can buy abit again....but only in bits for now

[zainabusman]

Find attached Atedo Peterside's view on the NSE as shared with ICAN members. The points he made have already been aired in this forum.

[ttoladele]

Originally Posted by zainabusman

Find attached Atedo Peterside's view on the NSE as shared with ICAN members. The points he made have already been aired in this forum.

There is no attachment, i guess it is lost in cyber space
please try again, cheers.

[zainabusman]

Originally Posted by ttoladele

There is no attachment, i guess it is lost in cyber space
please try again, cheers.

The attachement option seems not to be working. I will try again later as i have on it for 20 minutes with no success.

[zainabusman]

Originally Posted by billions

Another positive day!

It seems d market is stabilizing...not d usual price rush up followed by price rush down.

Another point to note is that a number of the major movers failed to close at the high achieved during the day. This include FBN, Platinum, UBA, Intercontinental, GTB, FCMB, Ecobank, Afribank, Access Bank and PZ. So dont be surprised if the index only changes marginally tomorrow either up or even down.

[riskreturn]

Quote:
Originally Posted by billions
Another positive day!

It seems d market is stabilizing...not d usual price rush up followed by price rush down.

Originally Posted by zainabusman

Another point to note is that a number of the major movers failed to close at the high achieved during the day. This include FBN, Platinum, UBA, Intercontinental, GTB, FCMB, Ecobank, Afribank, Access Bank and PZ. So dont be surprised if the index only changes marginally tomorrow either up or even down.

According to daily report of CSL Stockbroers Ltd of yesterday (also in the Proshare website, tagged Dealers Perspectives), "Whilst the market mood is on the up-beat and the bulls dominated the market for the second straight day in the week, it cannot be ascertained if this rally will be sustained. In our opinion, the current rally in the market might be short-lived as many investors are still holding unto speculative short term positions."

[billions]

Originally Posted by zainabusman

Another point to note is that a number of the major movers failed to close at the high achieved during the day. This include FBN, Platinum, UBA, Intercontinental, GTB, FCMB, Ecobank, Afribank, Access Bank and PZ. So dont be surprised if the index only changes marginally tomorrow either up or even down.

A slow down is expected but it does not mean that the market is not stabilizing...

[zainabusman]

Originally Posted by billions