MarketWatch

[nosa2]

Originally Posted by manemi

Ogas .... I want to hit the market tomorrow to buy the rescued banks. I am planning to spread my risk over three banks, Afribank, Intercontinental and Oceanic. If I want to limit the spread to only two, which one should I drop? Thanks.

I personally wont buy anyone of them, they've not released any results and the one which has released made a profit but the bank does not exist on paper. So i'll advise you to run away.

[123.rado]

The Nigerian Stock Exchange, we can authoritatively confirm, has today approved the suspension of four dealing members for allegedly ‘creating false markets and engaging in price manipulation activities’.

NSE suspends 4 dealing firms for creating false markets?. - Proshare

[nosa2]

Originally Posted by uezeilo

Farewell to Yar'Dua, Welcome Jonathan

But I want to know guys, how will the new presido effect the market. Does he seem likely to take some actions that will effect the market in the long/short time. Which sectors do you guys think he will effect most. I am toying with the idea of a stable Niger Delta which will mean to target a good but quick entry into the oil and gas. But you never know. Who knows? Or have an idea of what we should be expecting.

must he have an effect on the market?

[pumping]

Originally Posted by nosa2

If I understand you properly, you're supporting China's Artificial currency valuation. Do you realise the implication to the global economy if all countries start to act in this manner, what China's doing is wrong and should be frowned at, unless off course you're communist.

No, I am not supporting the policy. The point I am making is that all these western countries have their own advantage points which they are not giving up. China does not benefit from increasing the value of it's currency. So what is the motivation to do it? The world also believes that the US has systematically devalued the dollar with severe consequences on Europe and the value of outstanding debts.

[Gengen]

Originally Posted by 123.rado

The Nigerian Stock Exchange, we can authoritatively confirm, has today approved the suspension of four dealing members for allegedly ‘creating false markets and engaging in price manipulation activities’.

NSE suspends 4 dealing firms for creating false markets?. - Proshare

Any info. on which stocks they created false markets on?

[pumping]

Originally Posted by eniyanman

I totally agree. However, the world needs to have some kind of anti-dumping measures.

Yes, but the US and Europe are equally dumping in China. Expensive goods and services for that matter.

The US would have closed it's borders to Chinese products, but do you think US consumers want to pay $100 for a YSL shirt from France instead of $30 for the one from France?

Has China closed their own borders to European and American cars? Google had the opportunity to move out of China due to censorship, but instead they comformed. They can't let go of all that Chinese money.

Note that around 50% of multinationals in the US report much higher margins in China than elsewhere. China has not shut foreign companies out of their domestic market, but they are putting in regulation to support the growth of their own local companies. I don't see anyone complaining about the local content initiative in Nigeria.

Any retaliatory move on the part of the US will severely hurt the US economy, at least for now. I know that when the US has leverage, they will do what needs to be done to contain China. For now, China has all the advantage because the worlds needs a growing economy big time to sell their goods and services too.

[hispy99]

Originally Posted by nosa2

If I understand you properly, you're supporting China's Artificial currency valuation. Do you realise the implication to the global economy if all countries start to act in this manner, what China's doing is wrong and should be frowned at, unless off course you're communist.

chei...Comrade Pumping, over to you o

[pumping]

Originally Posted by hispy99

chei...Comrade Pumping, over to you o

Wetin man go talk sef....being communist is not a crime anyway. If communism is so evil, the US should stop trading with China.

[aykobam]

Stocks Investors should be concerned about - Proshare

Buyers Beware
Regards

aykobam

[pumping]

Originally Posted by aykobam

Stocks Investors should be concerned about - Proshare

Buyers Beware
Regards

aykobam

I don't understand the jist of this. Concerned about in what sense? Positive or negative?

[eniyanman]

Originally Posted by pumping

Yes, but the US and Europe are equally dumping in China. Expensive goods and services for that matter.

The US would have closed it's borders to Chinese products, but do you think US consumers want to pay $100 for a YSL shirt from France instead of $30 for the one from France?

Has China closed their own borders to European and American cars? Google had the opportunity to move out of China due to censorship, but instead they comformed. They can't let go of all that Chinese money.

Note that around 50% of multinationals in the US report much higher margins in China than elsewhere. China has not shut foreign companies out of their domestic market, but they are putting in regulation to support the growth of their own local companies. I don't see anyone complaining about the local content initiative in Nigeria.

Any retaliatory move on the part of the US will severely hurt the US economy, at least for now. I know that when the US has leverage, they will do what needs to be done to contain China. For now, China has all the advantage because the worlds needs a growing economy big time to sell their goods and services too.

By dumping, I meant the 'saturation' of a market with heavily discounted/subsidised (usually below economic price) goods and services.
Now, I am not sure we can say Daimler is 'dumping' Mercedes on China. However, we can argue that Europe/America are dumping subsidised (processed) foods on developing nations.

I actually agree with many of your views. Many economies are quite subtly protective.

[eniyanman]

Originally Posted by hispy99

chei...Comrade Pumping, over to you o

I never see communist (stock market) trader before

[pumping]

Originally Posted by eniyanman

By dumping, I meant the 'saturation' of a market with heavily discounted/subsidised (usually below economic price) goods and services.
Now, I am not sure we can say Daimler is 'dumping' Mercedes on China. However, we can argue that Europe/America are dumping subsidised (processed) foods on developing nations.

I actually agree with many of your views. Many economies are quite subtly protective.

I guess I was stretching that one too far..

[pumping]

Originally Posted by eniyanman

I never see communist (stock market) trader before

I am fully registered on Shanghai stock exchage..

[hispy99]

Regulate Board Members, Shareholders Tells SEC

[hispy99]

How to revamp the capital market, by stakeholders

[uezeilo]

Originally Posted by nosa2

must he have an effect on the market?

Well I don't know. At least he doesn't have any agenda that we know of, seeing the way he inherited the mantle of leadership. Isn't it possible that the guy will take actions that will effect some businesses which will in turn effect some stocks in the market.

[nosa2]

Originally Posted by uezeilo

Well I don't know. At least he doesn't have any agenda that we know of, seeing the way he inherited the mantle of leadership. Isn't it possible that the guy will take actions that will effect some businesses which will in turn effect some stocks in the market.

the guy has not made any such decisions yet.

[hispy99]

Non-compliance: SEC Queries 35 Firms

[c kenneths]

Originally Posted by hispy99

Non-compliance: SEC Queries 35 Firms

Action! thats all we need in the market to get things to work.