₦airaland Forum

Manonamission:
I must confess I'm pleasantly surprised to see FBNH result this early. That said, I opened FBNH and Zenith results side by side. I got excited for the first few items till I got to "impairment for credit losses". More work is needed. Impairment reduced but they can still do better.
However, I must commend the management for reining in "operating expenses". Zenith reported N107B while FBNH reported N98B. That's fair enough. But I think FBNH is yet to breakthrough. When it does, it will be massive.

I don't know how the market will react tomorrow. I hope it's positive as I'm loaded here.

Edit: Just realised my mistake. Operating expenses actually increased. I'm now confused sef with this result

tritritri:
Hi everyone.

I've been fasting if God can show me MERCY let me bail out of oando.i will convert from an Atheist to a Born-again xtian.

was heavily loaded.

emmanuelewumi:
Saint Louis sugar is no longer in the market, Dangote sugar currently has the biggest share in the sugar market.

I have made close to 80% from the salt company

Mpeace:
People will be surprised to see FBNH on full bid tomorrow. This is a nice result. indeed they are recovering.

Intendy:
dangote flour #8.26k

bigjay01:
I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...

Not a buy or sell recommendation

fxuser:
Zenith
- market marker is ehhh playing kashi abi
- opened 26.70 ! ! from a close of 25.60 .. and some quoted 26.40 closure yesterday
- we watching ..
- will put some sell order at 28 and see wat happens loll

dipoolowoo:
More Trouble as Johannesburg Stock Exchange Suspends Oando Shares
https://www.businesspost.ng/2017/10/19/johannesburg-stock-exchange-suspends-oando-shares/

OBAGADAFFI:
Lol, I will prefer a Zenith bank getting to #30, than GTB going to #100.

Just look at StanbicIBTC, what is the serious Fundamental( apart from Foriegn investors) behind the movement.

theVision:
gurus in the house, please i bought fcmb after many research nd analysis @1.14 last week, now its gone sour....please where did i miss it?...where there any prior clues to its price decline that i was ignorant of, and what should i check for next time....ive been sleeping since d market closed 2day, e b like trailer jam me..please help!..

Mpeace:
Wow. 60k dividend? Incredible. Gtb should be ashamed of itself.

Chibuking81:
Please can someone explain to me why the earning of GTB/Stanbic bank with their current price has a big difference when compared with Zenith, Access and UBA.

The first is high in their stock price but small in its earning, while the later are small in their price but high in their earning when compare with the price of GTB/ Stanbic .


Please I need an explanation.

I hope one can rightly say that the people who first set are in their fair price region, while the others are in their undervalued region.

phemmie06:
Good evening forumites, please is there anyone that received a mail from APEL registrars asking for BVN to process NEM payments?
And has anyone receive conoil dividend?

pluto09:
I like uba with the latest result. Entry below N10 will be good.

I am buying fidson again. My entry price is N3.05 on the average.

Dangote flour holds good promises. I am done with buying with an entry price of N6.05 on the average.

Watching presco and okomu to enter at a very attractive price.

emmanuelewumi:
It enables you to monitor all your stockbroking accounts provided the accounts have the same clearing house number. It also helps with the transaction history of your portfolio .

I have CSCS online access for my CSCS accounts, I also subscribed to the CSCS online access for my NASD account.

Tritri:
Dangflour You broke my heart...Am i the only one in this position ? Where dat guy wey make me cancle my offer last week?

lancee:
Zee punishment still goin on

maishai:
With the dollar price on a downward trend, m thinking its time to start mopping up dollars and wait again for our leaders to get it wrong.....

spyder880:
Original survey plans and legal transfer documents for plot numbers 17, 25 and 41 are ready for dispatch to the owners today.

locodemy:
The ultimate in life is to use wisdom.
I did not deceive anyone but used wisdom.
Afterall i told everyone on fcmb to use wisdom immediately i saw diamond bank result.
Those that used wisdom bailed out sucessfully.
pls there is no reliable news in the stock market until it is exposed.News may come to monkey hunt a stock to gap off.
pls from today,begin to use wisdom.
Ladi Balogun is using wisdom to deceive shareholders,we will also use wisdom to deal with him this time around.

stcool:
Its possible for FYE 2017. Investors are not that patient. May be small, anything to dowse tension!

stcool:
http://www.nse.com.ng/Financial_NewsDocs/18992_DANGOTE_FLOUR_-_HALF-YR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

lancee:
GTB !!

Gt 40, fbn 5.97... diff clear

jamace:
FBNH are not serious. Yet to pay dividends and bonus of 2015 FYE to shareholders.

I think it is high time we invoked SEC on FBNH.

spyder880:
About 375,000 per year for each flat. It could be more because of the location. This excludes lawyers agreement fees and agents payments.

spyder880:
My Oga, if you see how I hunger to do a full project in either Lagos or Ibadan city, this has been for a very long time. And right now I have about 4 ongoing projects in the very crucial stages. 1 in Onitsha and 3 in Enugu. I would have gladly loved to add my Oga Shege2000 immediately but can I handle all of them now without losing focus?

I love to work with full attention to details, and if I add more projects now, I may not be able to cope with the demands. Brothers, just bear with me. Thank you for even considering me.

Mascotlawman:
Someone should help a brother please.

fxuser:
DangFlour

- umm
- monthly chart RSI looks good
- weekly Macd been horizontal just above zero
- its been range bound after that massive rally last year
- we can't ignore that last week breakout
- Fundamental analyst will be analysing that FYE and upcoming Q1

Note:
its a low volume stock (weekly vol usually < 5m units)

Dis:
please not a recommendation , just observing and sharing random thots


What do you guys think ?

bigjay01:
bigjay01:


I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...

Not a buy or sell recommendation

chunkuli:
is this right? the div

locodemy:
PART2 is not working as expected.My own order was sell @ 1.20 and now i am seeing sell from others @ 1.17 yet no response.i cant try selling my stock below 1.20.Let it remain in my portfolio until the coast is cleared.Na begin gather money for second missionary journey.Entry @ 1.10 is where the market is waiting.it will good to buy at that resistance because Q1 result will bring our price back to 1.30-1.50.I am not happy but cant kill myself for it.Man proposes andGod disposes.