onegentleguy:


Superbly fantastic H1 report !!

Looks like ZENITH operated in another planet where there was NO covid-19 in Q2.
...maybe in Mars or Jupiter !!

I hereby declare ZENITH as the cheapest banking coy on the floor, before GTB !!
However, the thing about EFFICIENCY means that investors will likely continue to attach a higher premium to the latter, ahead of the former.

With the 1st tier banking coys, particularly Mr ZENITH and GTB, it seems there is always a way even when the ship appears to be down(economy in view)
For those who think that the 2020 YE dividend declaration of these banks will drop, hear this; U just might be disappointed !!
...with the current print in growth trajectory, it might even be a little more than that of 2019 !!

...it is well.

GTB already captured a day high of N26.90.
That part in bold.
...it's alright !!

#maybethecbnrelaxedpoliciesincluding$sales
#ourlocalhniandforeignbrothers
#alittlemorefreedomtoalignwithqualitynames

onegentleguy:


Relatively flat result, but with a slight drawback.
Better than UBA though !!

While both coys(ACCESS and UBA) remain underpriced, I will score the former slightly better than the latter.
Portfolio allocation: I'd say 65/35% or 60/40% respectively.

Regards

Goodbye Chief ACCESS BANK.
...Mr UBA to also trail behind.

It is well.

nosa2:


And the thing can drop like 20% for no reason

tbh or more sef

pluto09:



That is one of the reasons crypto sweet pass stocks

Lol people without knowledge of TA should not even bother trading

onegentleguy:


On FIDELITY BANK;

Great financial print.
Earnings/Growth trajectory very much intact.

...it's a BUY @ the current mkt price !!
Needs to close that gap with its direct peer FCMB.

Common Ambassador FIDELITY !!
...It's time to close that gap on Rep FCMB.

FCMB new 52 week high

DexterousOne:


So you are staying in to weather the storm....

Very nice

I'm surfing the red lines in options. Let it continue to fall, money is still being made. The general consensus is that you make money when prices rise. However, money is being made on the way down. Adapting is key.

UPCOMING INVESTOR CONFERENCE CALLS

Stanbic IBTC Holdings Plc Conference Call 1H2020
Stanbic IBTC (Bloomberg: IBTCCB NL) will be hosting a webcast and teleconference call on Friday, 04 September 2020 at 2pm Lagos (2pm London / 9am New York / 3pm Johannesburg) with its senior management to announce its audited interim results for the half year ended 30 June 2020. There will be an opportunity at the end of the call for management to take questions.
Please find below the conference call dial-in details;
Webcast URL:
https://edge.media-server.com/mmc/p/3hfm4csr

Telephone conference (LIVE EVENT)
Dial in details, Participants:
Kindly join 10 minutes prior to call start time, please call the appropriate participant dial-in number and enter the Event Plus Passcode stated below. Please leave any information requested after the tone.
Conference ID:........... 6775901
• Standard International: +44 (0) 2071 928338
• France (local):............. +33 (0) 170700781
• Nigeria (local):............. +234 12278971
• South Africa (local):..... +27 (0) 105002178
• UK (local):.................... +44 (0) 8444819752
• US (local):.................... +16467413167
Phone replay
• 04/09/2020 21:30 CET - 11/09/2020 21:30 CET
Conference ID:........... 6775901
• Standard International: +44 (0) 3333009785
• France (local):............. +33 (0) 170950348
• UK (local):.................... +44 (0) 8445718951
• US (local): +1 (917) 677-7532
The presentation will be hosted on our investor relations website http://reporting.stanbicibtc.com/ prior to the conference call.

Fidelity Bank Plc Analysts and Investors Conference Call Invite
Fidelity Bank Management will hold a conference call on Tuesday, 8 September 2020. There will be a question and answer session after the presentation of the H1 2020 performance of the Bank by the management team.
Time of the Call is
• 15.00 hours Lagos
• 15:00 London
• 10:00 New York
• 16.00 Johannesburg
To obtain the dial-in details, kindly pre-register for the call HERE.

Guaranty Trust Bank Plc 1H2020 Conference
The Bank will host a conference call for investors and analysts to discuss its 1H2020 audited results.
The details of the events are as follows
Date: Monday September 7, 2020
Time: 15.00 Nigerian Time
Registration: https://services.choruscall.za.com/DiamondPassRegistration/register?confirmationNumber=7717365&linkSecurityString=a4d96559e

Justcul:
This thread is being derailed..

Please pardon us.

sincerelymine:
Why is ETI still dragging.....its being influenced by the elephant?

If you enter ETI at 3.90/4, hold it. It will respond in due time.
Reason it didn't respond on time was because they didn't declare any div. If others banking stocks are moving, ETI won't be left behind...........this is purely my personal opinion.

Fidelity Bank:
Who is that 20M single bid seller at 1.98?
You're preventing swift move in that stock, if you're here , make you go commot am now now. Lol.
Anyway, you commot or you no commot, the stock is set for upward swing.......it has to pursue FCMB......

Zenith:
They're behaving like they didn't see the result now.........let's wait for the movers.....

Caveat: At owner's DD.

ukay2:


What are the reasons you prefer ACCESS to UBA?

NB: Am in UBA bus...

Because based on the Nos in their current financial print, one is clearly ahead of the other.
Compare Nos in their statement of CF and BS.

In view of their just released H1, 2020 report, what would u do if u hold 1M unit of UBA and about 370,000 unit of ACCESS BANK? ...someone asked me ealier today.

I asked him; Which is greater btw a possible N170,000+ return and a N250,000+ return(ROI)? ...he said the latter.
And I said; then I would seek to swap my holding in both coys.(1M unit in ACCESS and 370,000 in UBA)

The reason I wouldn't sell off all stakes in UBA to buy ACCESS is because an investor can also derive a premium above the difference in div cashflow(including WHT) of N92,500(i.e 342,000-250,000 btw gong all in on access and buying 1m unit) from cap appreciation holding some UBA over the same timeframe.

Dude later informed me he managed a successful swap in UBA for ACCESS. ...he did the swap @ same N6.5 price peg.
I simply congratulated him !!
We'll see if it was the right portfolio rebalancing move.

Note that the + sign above is because of the consideration for a possible cap appreciation.

For near same reason and more, it would be miles better to swap a certain WAPCO ahead of both BUA and DANGOTE CEMENT looking ahead into the end of the yr.
...I'd say the time to do that is now !!
And a swap btw WEMA and JAIZ/UNITY BANK? ...absolutely !!
What about a swap btw ZENITH and GTB or a swap btw ACCESS and ZENITH/GTB?
...well, that would depend on a few other factors, part of which is your risk appetite and investment horizon.

NOTE: This isn't just about potential cash flow from dividends alone. ...added to that is the consideration of the degree of possible cap/price appreciation in view of their recent financial reports.

Selah

Zenith: Lots of cross deals @17.25.......64M+ volumes done so far......
We're observing....

**Not any form of advice.

Mcy56:
Zenith: Lots of cross deals @17.25.......64M+ volumes done so far......
We're observing....

**Not any form of advice.

I suspect say na @ Bigjay1, coolcash and Jejababa dem hand work.
...maybe they have decided to unleash the cash in their mattress !!

It is well.

@Zagee did you see 590k+ of Seplat moved with 236M @N400?
Told you they don't need me and you.

No vex say I mention you ooo, it's because you're the only one that identified with the stock here around the time I mentioned it.......oh! .....and Coolcash1 too.

onegentleguy:

I suspect say na @ Bigjay1, coolcash and Jejababa dem hand work.
...maybe they have decided to unleash the cash in their mattress !! .

Lol. Moneybag geng...

One guy mentioned Custodian here.....the stock has been getting attention at 4.80 for quite sometimes now, if you're interested you can pick Some units at that price.

It may or may not fall further, just know what you're buying into........it's also not a stock for jijoists. Don't come here and blame me either.

My opinion.

Let me come and be going, after all Una no dey too appreciate Wetin you no pay for. My ogas are there, go and subscribe for good services.

Any news from FTN cocoa after the suspension?

Mcy56:

If you enter ETI at 3.90/4, hold it. It will respond in due time.
Reason it didn't respond on time was because they didn't declare any div. If others banking stocks are moving, ETI won't be left behind...........this is purely my personal opinion.

swallowed a few around that range. its been consolidating for long

Who trades with (United Capital) INVESTNOW platform? They have been offline for quite sometime. What could be the issue, or am I the only one not being able to trade for a week now

Idle funds flowing gradually into Nse banks

I don come back small...

Mpeace did you see FCMB's earning forecast for Dec. 2020?
I saw it before now but didn't pay attention to it. Just rechecked.
Seems this guy's are serious and FCMB may touch N2.70/3 the way it's going................or maybe I didn't understand it well. Anyone wey understand abeg throw light in it.

lancee:
Idle funds flowing gradually into Nse banks

Zenith is still offering discount self.

Mcy56:
I don come back small...

Mpeace did you see FCMB's earning forecast for Dec. 2020?
I saw it before now but didn't pay attention to it. Just rechecked.
Seems this guy's are serious and FCMB may touch N2.70/3 the way it's going................or maybe I didn't understand it well.

Fidelity..........

I don't know why I prefer fidelity to fcmb. But I did regret earlier selling my fcmb at 2.00 in to fidelity at 1.8. The recently released result seem to be a reprieve though.

PharmAlfred:
Look out for FBNH. It will shock a lot of people

In what time horizon is the koko ?

As men of honor we join hands

sincerelymine:
swallowed a few around that range. its been consolidating for long

Maybe you should exercise more patience or you sell and join another train......Zee is still there.

Pls do your DD. Mcy is a short termer and uses the mindset to comment on some stocks sometimes.

RabbiDoracle:


Please pardon us.

Carry on sir

Mpeace:
I don't know why I prefer fidelity to fcmb. But I did regret earlier selling my fcmb at 2.00 in to fidelity at 1.8. The recently released result seem to be a reprieve though.

Lol.
Fidelity is a tier two leader but Fcmb may take over the mantle if Fide is not careful.
N1.8 is a good entry around this time.
Let's see how it goes sha.

Mcy56:

Lol.
Fidelity is a tier two leader but Fcmb may take over the mantle if Fide is not careful.
N1.8 is a good entry around this time. I entered @1.76 with my tashere units.
Let's see how it goes sha.

fcmb took me from 1.68 to km 2. I never knew it would go further. But no regrets.

Did you know that Olam International, one of the world's largest agri-business multinationals with revenues of over $26Bn, was founded in Nigeria by Indians in 1989.

I wonder what Nigerians were complaining about back then or what excuses they were giving. Decades from now, we'll hear of more Lebanese/ Chinese/ Indian multinationals founded in Nigeria today, while Nigerians do nothing but complain and blame government.

For the momentum traders
The long-term bullish journey commenced
Easier to make money now

Mcy56:

Zenith is still offering discount self.

Yes o mcy56