the drug manufacturing sector is laggard on the nigeria stock exchange while it rocks in european countries stock exchanges

Stockbull,whats your take on Dangote Sugar,Do you think they will come out with a good result or should I sale now and maybe ask questions later.The price has hit my target but am still hanging on expecting their end of year result.

^^^ and Dangote Flour too, should someone hold or exit now?

Is it advisable to exit sterling bank? I trade for price appreciatn and it seems not to increase again.

jossy26: ^^^ and Dangote Flour too, should someone hold or exit now?

Get out of dangote flour, I did that a long time ago, and has benefited about 15% on anoda stock I put the money into. Hopefully first bank must release result this week, the wait is too long.

@Valacious, are you serious? What's wrong with it now, and which stock do you now advise?

stockbull:


it is wise to bail out of cadbury now as the stock is trending to go flat.

@stockbull, good morning. Pls I will b glad if u explain more on why cadbury will go flat coz I hold good units share in d company. So I will start off loading sharp sharp. Wetin happen abeg

jossy26: @Valacious, are you serious? What's wrong with it now, and which stock do you now advise?

Dangote flour has had no direction ever since tiger brand acquired major stake of the coy. It will rise but its gonna take time. Right now d stocks are a bit on the high side, so u might to wait a while for it to drop so as to get a good entry points. U can wait for dangsugar, nahco, wema and transcorp to drop so u can get in. But for now, u can position for firstbank, and u will be sure of about 15% price appreciation when their results come out.
@nereiskc, cadbury is going to be acquired by uac, and since they are d ' 'weaker' partner, then going to drop.

nereiskc: @stockbull, good morning. Pls I will b glad if u explain more on why cadbury will go flat coz I hold good units share in d company. So I will start off loading sharp sharp. Wetin happen abeg

?

nereiskc: @stockbull, good morning. Pls I will b glad if u explain more on why cadbury will go flat coz I hold good units share in d company. So I will start off loading sharp sharp. Wetin happen abeg

the stock always surprise when i analyse their products in the real market in conjunction with the price movement and yearly result. the question is always why.... ? It was on my mind to create a topic where i would express my mind on the stock.
As big as cadbury is and their stance in energy food drinks and other consummable products,their history and adaptation skills in nigeria business, i dont expect them juxtaposing their palms to merge with flourmill even if flourmill is a giant,old company in nigeria.the stock fails to hit twenty five percent yearly gain over six year ago. Not too good. Considering just concluded merger with flourmill, now another merger. Investors are loosing interest on it now and this may solidify the stock's price any time

janykute: Stockbull,whats your take on Dangote Sugar,Do you think they will come out with a good result or should I sale now and maybe ask questions later.The price has hit my target but am still hanging on expecting their end of year result.

you can wait in order to benefit from their dividend.the price seldom dips.the dividend should not be lower than six percent of the current price since the price has increased more than the melt down period;but dont think there would be bonus and if there's , that means they decided to split dividend into dvd and bonus

Nigeria stock market news;

Mobil result out. Announces N5 dividend per share.
Upl appoints new ED
Livestock declares 139M pat
Nig ropes - 155.1M loss
Paintcom - 12k dividend
Juli - 23.4M loss

Source proshare

I just want to know what is happening to ACCESS bank
It's falling at an alarming rate
Is there any reason for this
Thanks

access=SELL NOW.
strong offer despite the close of registrar book for div in the next six trading days and payment in a week after. What would've add spices if not div. What would you do with spices that can not add taste and flavour to your food.

@stockbull: Panic selling isn't a good idea. What has suddenly changed about Access Bank's business in the last one week?

abc is loosing strength in the up movement. Some investors are taking gains but the stock will hit one naira before another history would be made

Seun: @stockbull: Panic selling isn't a good idea. What has suddenly changed about Access Bank's business in the last one week?

that's psychology of market. It works in both virtual and real market.how would you believe and cherish a rice seller who claims to have sold many bags of rice and can not add a milk cup of rice to ten rubber you bought; he rather fail to measure the rice correctly. You paid for ten rubber but you're given nine

What do U think of livestock? Is the price ripe for selling and moving on?

Sell Access Bank if you have met your target. Leave the future investment aspect for those who are just buying like myself.

stockbull:

that's psychology of market. It works in both virtual and real market.how would you believe and cherish a rice seller who claims to have sold many bags of rice and can not add a milk cup of rice to ten rubber you bought; he rather fail to measure the rice correctly. You paid for ten rubber but you're given nine

This is when real investors will cash in on accessbank. People will start panic selling while the smart ones will start buying.

**best time buffet prefers buying **

debostar: I just want to know what is happening to ACCESS bank
It's falling at an alarming rate
Is there any reason for this
Thanks

Cant give a definite answer. But ill try my best. I think the results had already been priced in for most of the banking stocks. Also, their Q2 2013 projection is very poor to say the least. 9bn Half year 2012 was 26bn!!!!! I think that's why they made the projections before releasing this result. They carried bad debt to this year, and hence the backlash from investors.

I hope my broker have successfully bought Access Bank shares for me by now. It has been so difficult for me to buy so many shares I am interested in because people just dont want to sell. But the conventional strategy is to sell when you meet your target. Greed can be dangerous. Abeg commot make I enter. To me, buying stock is a win win situation. Bull or Bear, your money will work for you, either quickly or slowly; as long as you buy from companies with good fundamentals.

Unfortunately ,I bought ACCESS when it was 11.50.That must have been a wrong entry.Do you think I should offload and minimize my loss?I am inclined to believe that some investor have insider information because the freefall of ACCESS started before the result actually came out.

Things are not looking good for access bank at all.

pls ,is advisable to still hold onto UBA?

*Pondering* UBA : -0.11 loss today in the market. Although with the loss, UBA should still perfom well this year unless Ɣ☺ΰ are eager to cash-out.

Toluway: I hope my broker have successfully bought Access Bank shares for me by now. It has been so difficult for me to buy so many shares I am interested in because people just dont want to sell. But the conventional strategy is to sell when you meet your target. Greed can be dangerous. Abeg commot make I enter. To me, buying stock is a win win situation. Bull or Bear, your money will work for you, either quickly or slowly; as long as you buy from companies with good fundamentals.

from an insider information AMCON are holding very large amount of shares of blue chip company like UBA GTB ZENITH NESTLE and et al. Their by creating atificial scacity of those stoks. How can we prevail on them to realse it to the public for they are not expected to make profit.

Omexonomy: from an insider information AMCON are holding very large amount of shares of blue chip company like UBA GTB ZENITH NESTLE and et al. Their by creating atificial scacity of those stoks. How can we prevail on them to realse it to the public for they are not expected to make profit.

..And how true is the insider information?

Nobody can predict the market and that is why nobody knows the right time to enter. But in order to invest, you must take a step.

But abundant authorities have thought us that the right approach to the unpredictability of the market is - dont enter trade with the money you would need urgently and most importantly, diversify. Spread your money into at least 7 stocks. With this approach, you wont burder if one is going down because you know it would still rise, infact, you need to put additional money when it is down in order to enjoy the impending bull run.

Diversification is the key. Ask Stockbull whether he doesn't diversify a lot. This is how to enjoy a stress free trading career. This is my conservative and layman's approach.

What's happening to first bank now? These guys should release result, haba! Now their price is dropping almost 5%. Phew!

valacious: What's happening to first bank now? These guys should release result, haba! Now their price is dropping almost 5%. Phew!

Currently, all banking stocks are seeing red...As for first bank, the delay is actually getting too long haba

Nigerian stock Exchange:

Diamond bank plc audited result

Turnover 137.6bn
PBT 27.5bn
PAT 22.1
EPS 152kobo
No dividend or bonus declared...
This stock is taking a bit hit now as no expected coperate action was declared.

Source: http://www.nse.com.ng/Financial_News...APRIL_2013.pdf