ihedioramma:
Is this interim dividend or what ?

Intendy:



Closure of Register – Half Year Period Ended 30 June 2017

Proposed Dividend: 50 Kobo per share,

Proposed Bonus: Nil,

Closure Date: 11th August 2017

AGM Date: N/A,

Payment Date: 14th August 2017

AGM Venue: N/A.

Mpeace:
Hmm. From posts so far, I am beginning to think that alot of persons suffered from that insider information.( I dont blame any one for doing so, information is key and getting it before hand makes alot of difference.) So unfortunate but we must move on. Dwelling on what has happened will not change anything unless we make plans for a remedy. My question therefore is this 'whats the way for those still in that bus'. Gurus in the house over to u.

BullBearMkt:

... For those still in FCMB bus, please do not panic to sell your holdings. Sentiment will likely bring the SP down but selling in fear or attaching emotion to your selling will make MM and Smart monies to capitalise on your fear.

(a) IF INVESTED MONEY INTO THE SHARE IS NOT NEEDED URGENTLY, TURN IT INTO LONG TERM INVESTMENT

(b) IF INVESTED MONEY IS NEEDED URGENTLY FOR ANY PURPOSE, then set your stop loss (how much can you afford to loose?)

If everyone started selling due to fear, I can tell you that in a short time, the price will reverse and rally again. The chart below shows critical demand levels smart monies will be waiting to feast on your monies...
[/b]

BullBearMkt:
...@Loco, you are A BIG DECEIT! You came to the forum and gave advice to members not to sell their holdings on FCMB due to a "reliable source" but you went behind to sell yours. That is terrible! You still have the gut to give lame excuses for your action by itself categorises you as untrustworthy fellow.

I am totally disappointed in you!



He did that so he can sell at a fair price. He knows when troop in lol price will down bad bad hahaha see sense

BullBearMkt:
...@Loco, you are A BIG DECEIT! You came to the forum and gave advice to members not to sell their holdings on FCMB due to a "reliable source" but you went behind to sell yours. That is terrible! You still have the gut to give lame excuses for your action by itself categorises you as untrustworthy fellow.

I am totally disappointed in you!





He did that so he can sell at a fair price. He knows when troop in lol price will down bad bad hahaha see sense

locodemy:
My people,
I am off to my RSA my usual dwelling place to rest.I will be back to meet you guys again by sept. see you all again at a buying/selling time.Byeeeeeeeeeee!

vivie01:


Byee guy (intra-state/inter-state travelling too is travelling, even if na Alaba to village, travel na travel). A safe trip there.

Toluway:
A lot of investors here, including I, are on Okomu Oil train. But no one is mentioning it.


When not to sell a stock :

You're not in urgent need of money.
The sound fundamentals of the stocks are intact.

There is no imminent economic/political crises in the country.

There is no Nigerian November/December factor.

With the factors above as your watch-word, you would end up being one of the greatest investors.


I'm back. Having learnt my lessons in a hard way.

May God Almighty bless our endeavours. Amen.

stcool:
Moving on....based on the projected year end result of Dangote salt and Sugar, which I pressume to be above N2.00

Investors may be looking at end of year dividend above N1.00(Interim inclusive) for both stocks. If we have to place a fair price based on future earnings and growth opportunities of both companies we are looking at N20-N22 in comparison to earnings of stocks like Flourmills & UACN, Unilever.

Nascon is diversifying into edible oil, seasoning etc, while Dangote Sugar is making significant investment in its backward integration programme (BIP) should yield better returns in the years ahead.

Pls do your DD. I do not own any of the above stocks. Invest wisely

CC. Your Contributions highly appreciated
BullBearMkt
fxuser
emmanuelewumi
DeRuggedProf

stcool:


Mr. Cadillac, kindly take a walk.
I don't preach anyone into buying any stock because I am holding the stock or asked anyone to sell.
I wont be as foolish as you to advise anyone to put their funds inside sterling bank.

Leave my funds, its not yours. How I trade with it none of your business. If you have so much sterling you think the Q2 would move it, then you better choke on it.

emmanuelewumi:



Thanks for your insight, I have both stocks and also attended their AGM this year.

Cadillac15:


My instincts tell me you are the same person as locodemy. And my instincts doesn't fail me.

Continue with your follies. God will catch you soon

Cadillac15:
Fxuser, Bullbearmkt, ruggedprof

If you have 1000 units each of dangote flour and FBNH and you have a need that requires you to sell from either.

Fbnh BEP is 7.12 hence a sell at the current price of 5.78 will bring a loss of about 1500NGN.

Dangflour is currently gold and is expecting a rally soon coupled with the year end dividend in view. Profit already made but target price not met yet.

Which will you recommend a sell on?

DeRuggedProf:



Based STRICTLY on YOUR ANALYSIS HERE, I will sell FBNH.


NB: I used only the scenario you painted to arrive at my decision.
REASON: when I am pressed to sell (for a new opportunity), I never touch winners or 'about to win' stocks, I STRIKE LAGGARDS.

stcool:


Well said.

Cadillac15:
Fxuser, Bullbearmkt, ruggedprof

If you have 1000 units each of dangote flour and FBNH and you have a need that requires you to sell from either.

Fbnh BEP is 7.12 hence a sell at the current price of 5.78 will bring a loss of about 1500NGN.

Dangflour is currently gold and is expecting a rally soon coupled with the year end dividend in view. Profit already made but target price not met yet.

Which will you recommend a sell on?

DeRuggedProf:


Bros, remember you have to get that Faulty Oyel result out by any means necessary tomorrow, even if you hack, it will be considered ETHICAL HACKING as they have refused to give us the result before 31st as they promised.........
Friday's volume was over 1M units. For a stock selling above N60, that was a bit decent volume (insider volume).

stcool:
Moving on....based on the projected year end result of Dangote salt and Sugar, which I pressume to be above N2.00

Investors may be looking at end of year dividend above N1.00(Interim inclusive) for both stocks. If we have to place a fair price based on future earnings and growth opportunities of both companies we are looking at N20-N22 in comparison to earnings of stocks like Flourmills & UACN, Unilever.

Nascon is diversifying into edible oil, seasoning etc, while Dangote Sugar is making significant investment in its backward integration programme (BIP) should yield better returns in the years ahead.

Pls do your DD. I do not own any of the above stocks. Invest wisely

CC. Your Contributions highly appreciated
BullBearMkt
fxuser
emmanuelewumi
DeRuggedProf

Mpeace:
Pls which one is dangote salt. Is it flour u mean?

stcool:
Moving on....based on the projected year end result of Dangote salt and Sugar, which I pressume to be above N2.00

Investors may be looking at end of year dividend above N1.00(Interim inclusive) for both stocks. If we have to place a fair price based on future earnings and growth opportunities of both companies we are looking at N20-N22 in comparison to earnings of stocks like Flourmills & UACN, Unilever.

Nascon is diversifying into edible oil, seasoning etc, while Dangote Sugar is making significant investment in its backward integration programme (BIP) should yield better returns in the years ahead.

Pls do your DD. I do not own any of the above stocks. Invest wisely

CC. Your Contributions highly appreciated
BullBearMkt
fxuser
emmanuelewumi
DeRuggedProf

Tritri:



I hope FO doesn't disappoint tmrw. or ask for extention..Meanwhile Did u notice dis is the first time FO is slow to drop that result? seems something better is cooking ,Just my opinion.

Tritri:



I hope FO doesn't disappoint tmrw. or ask for extention..Meanwhile Did u notice dis is the first time FO is slow to drop that result? seems something better is cooking ,Just my opinion.

currentprice:


if company begin to delay result, the confident to drop it is not there because of not too good result nobody will delay good than expected result.

have said it many times before. in my own opinion FO is N25 stock based on their so far reports. except new good report comes to change this. i will remain focus to load the stock at less than N30 or i miss it

DeRuggedProf:


Bros, remember you have to get that Faulty Oyel result out by any means necessary tomorrow, even if you hack, it will be considered ETHICAL HACKING as they have refused to give us the result before 31st as they promised.........
Friday's volume was over 1M units. For a stock selling above N60, that was a bit decent volume (insider volume).

Tritri:




Bros if Oando can post profit this q2...FO shd do better.my opinion..

BullBearMkt:

...Dangote Sugar! Dangote Sugar!! Dangote Sugar!!!
When I see Monthly getting overbought, Weekly overbought and Daily Overbought, it tells me there is still room for more rally.
Does it worth N20 or N22? I don't know. I will rather leave that to Mr Market to determine just that.

-Stock just close above highs formed in June this year
-Monthly, Weekly and Daily charts are bullish
-If price moves within highlighted areas in the next 1 or 2 days, a good buy signal else better to let rally continue and wait for pullback to value zone before buying again.

PLAN YOUR TRADE AND TRADE YOUR PLAN

BullBearMkt:

...a good student of psychology knows where your pendulum really favours. Selling gold to buy what? Anything less than Diamond will not worth selling a gold.

But my own question will be:
-Has anyone met your exit target? If yes, then sell fast

As @DeRuggedProf said, it is due to the scenario you painted. Having said that, if I have another option not to sell any, I will rather not sell FBNH either.

Reason: Weekly price formed a pin bar (remember my explanation about pin bar?) & it happens on support level. I am expecting FBNH reversal to upside too. I will require a close above last week's pin bar before I can buy or a close below the pin bar to sell (if I had the stock in my portfolio)

PLAN YOUR TRADE AND TRADE YOUR PLAN

Cadillac15:


None sir. currently in a loss position of close to 1.5m in FBNH but i really need to sell one of them. A case of jijo gone sour