₦airaland Forum

Demmy59:
i know alot of people have brain problem so i won't blame you. did it request for 5 kobo from you.

locodemy:
Devil,get behind me.i know its not this brother that is speaking but you the evil one.Dont you think i know your plight?
To you my fellow nairalanders,shine your eyes,fcmb is the only kobo bank stock you can play and be safe for a minimum of two years then we will review it again to know if it is still sustainable.make una shine una eyes o.plenty people here and outside this forum know i have been specific,truitful emphasizing on just a particular stock that is trading below below below its book value(EPS of 0.97 kobo no be moi moi).

Tritri:
@locodemy who are those selling fcmb for 1 naira since over 1 week? Hope not insiders who knew abt the result?

jumboo:
There are components that should be added to PAT and there are components that should be taken to OCI. All the banks do this and it's subsumed somewhere in the notes or presented as a separate line item. Like Access bank's 2016 audited statement which you mentioned reporting separately, they made a FX loss and its part of PAT (Check note 12).
Check same note 12 on Diamond bank: " Net trading income on foreign exchange and financial assets held for trading includes the gains and losses arising both on the purchase and sale of trading instruments and from changes in fair value. "

There may be manipulations in the underlying records but the treatment is right per accounting standards

Tritri:
@austinkenneth Devaluation is something every investor should be worried about..what happened 2016 might repeat itself and it an opportunity for some though.

@BullBearMkt Honestly duni04 is right on this. look at my post below before market closed. this stuff are actually pumped and i know it.

DeRuggedProf:
JUST THINKING: Every year a stock does magic, that if one identified early, would have greatly profited him. Can we suggest and analyse to benefit us here? At times, some people may have hidden/insider knowledge or just amazingly interesting insights

Last year, DANGFLOUR moved below N1.00 to over N4.00.
I almost took a cutlass to question the elders in my village....
That journey was done through level grounds, hills and valleys. It was like magic. At times the fundamentals, at other times the Technicals threw us all overboard on that journey, our life jacket was our STOP LOSS and POSITION SIZES....

Which stock do we think will do this in 2017 or are all stocks presently overvalued?

Lets kick start an interesting discussion...

locodemy:
He bought today @0.90-0.95kobo and you are telling him the chart is in good shape till it goes below 0.80k.why not till 1.20kobo?

locodemy:
No no no.i never get single unit there but telling you the fact which i am also telling you @fcmb.
Dont you like to hear the truith?

jp130:
All d stocks i bought tru Morgan capital n held tru dividend payments last yr, my name no de dere bt all d coys I bought wit my former broker are dere. Why is morgsn's own not showing?

ihedioramma:
If you sell your Zenith bank share today at the price of #14+ you can't get dividend and if you sell below #14 you will . please let's try and tell our self's the truth . If you don't know cool down your brother/sister did and will teach .

bigjay01:
Oh boy this is a very very bold statement.

DeRuggedProf:
This was the same scenario in UCAP.
In this season, they will recommend stocks like FMN, WAPCO, NB, DANGCEM, Guiness etc etc etc ( ON POTENTIALS) that may TYPICALLY under perform both in dividend yield and capital appreciation till the dividend season is over, then still shed their excess fat. They will sell them to you and buy ZENITH/GTB/UBA/UCAP/FCMB etc etc .
- By the time they have netted 17%-21% there, they will start recommending them to go back to where they left you to keep guard.
- You will then discount at least 15% for them to take their load. All these happen with commissions both ways.
- I use brokers to decipher what not to buy.
- my broker adviced me strongly against buying FCMB at N1.00 but recommended FO/GUINNESS/WAPCO etc. I instantly knew FCMB was the deal.

Good description of what happens. This guys do not have the interest of the investor at heart

DISCL: I am not recommending.
I have ZENITH/GTB/FCMB/UCAP.
I may not offload any until I see the audited results MYSELF.

Tritri:
the kind blood for market today...

Tritri:
I sold mine 2 weeks ago at 1.20 but lost 400k naira of the profit on FO.

this NSE it either from frypan to fire only few people actually makes money

locodemy:
They don leave tee tee......Na me and you remain for market these days.
Na result be the koko for now else pull back will dorminate.

kenmaro:
What's happening to UBA, it's 5.02?

Coolcash1:
Smart investors gradually mopping up FO...

angelo82:
See how NSE take call passengers for different buses and now dump them before their bus stop.Anyway the truth is big pocket trader don hold their cash to control the crazy bull before it hit them hard on their head.

zendi:
Brother 'kenneth, please tell those 'manipulators' that Oga Zendi appreciates their efforts,
and that I equally need their services on stdinsure, evansmed and intennegins, places where I'm currently trapped.

Translation: nobody can manipulate a stock that is not hot and attractive in the first place.

DeRuggedProf:
I have observed that ETERNA is mostly bought at the tail end of trading most times. WHY

locodemy:
There is no new news here........i think i want to be a big time shareholder in fcmb.......thats all.