₦airaland Forum

fxuser:
NGE ETF
- DangSugar , Fidelity bank and Seplat added to Nigeria ETF
- GTB remains the largest exposure wt over 15%

Link:
https://www.globalxfunds.com/funds/nge/

Umm...so this is where the foreign fund have been moving to? Uncle T stock is also included. Currently 2% of net assets

Godisfaithful:
Many investors with deep pocket than you have been mopping Transcorp for the past One and half weeks. Sir, the price of stocks in NSE is determined by the higher power not the analysis of NSEMPA. Talk less and follow the money...

I notice that as well

locodemy:
it gonna double cross fidelity.
I dont want it move now.I am still buying.I will be through on friday.

Sometimes in stock market, patience is the key. If transcorp price begins to move, the speed no be here!!
Let's just wait and see the effect December bull would have on it.

stokfrick:
Kai this fidelity smoke weed atell you
Looks like N3 is the game plan

You don get the code!

Good news.....Morgan Capital have resolved the temporary glitch!!!

Where is fidelity bank share price going to?
Chai...
Closing price: 1.81

EchoLima262:
I think we should be safe rather than sorry. I believe Morgan are understating the problem. I have tried access via Firefox, Chrome, Safari and Edge. All are giving the same security warning! And yet, Morgan wants us to override this and log in. Mba. Please note that in this kind of breach, the loss incurred or the potential to incur losses may not be immediately apparent.

Those of us that have been with Morgan capital since 2014 would agree with me that something like this have happened before and it was later resolved.
So guys, let's relax and stop all this panicking. I think it would be resolved soonest.

Agbalowomeri:
Maybe they are referring to share dilution from the conversion

Lol...issues everywhere

currentprice:
Lol.. okay start talking on japaul oil, and see if anybody will help u push the price up now.

Lol...don't get me wrong...I'm happy for you

currentprice:
the post on caverton when it was beging for buyer btw 1.14 -1.19 days ago,,, the unpopular stock on this thread now become popular

Congratulations...but people in this forum help you push the price to where it is now

Coolcash1:
Uncle T should please lay hands on transcorp too nah.... Christmas is coming o and man pikin needs money...

No need to worry... Uncle T will do the needful before the year ends.

Good result from honeywell flour mill

holm:
http://www.nse.com.ng/Financial_NewsDocs/20192_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

Hahahaha...agba, no use laugh kill me for here ohh

Agbalowomeri:
Oga I no know say you dey around o. I for no mention fcmb

Expect fidelity bank q3 result 23th of Oct 2017 ie next week Monday.
We hope for the best.

Check out easykobo.com

nazzyon:
Hello Please where do I get list of top gainers and losers daily stocks online

CSCS website is crappy.

Please I need help ASAP

Baba, if you see fidelity buy at 1.5 naira by year end just thank God.

Agbalowomeri:
Why would anyone buy stocks in October when men-in-black are still snoring?
Anyway it appears Oando will jump-start the much-awaited Winter bear

Fidelity I sight your gra gra, I am waiting for you at 1.02

GTB has peaked in this season, waiting at 28

Others no get choice than to follow

Na NSE index I dey buy now

Different strokes for different folks i guess.
If you ask my take on transcorp, i believe it would give close to a 100% price increase in less than 6 months time from the closing price of yesterday.
For fidelity, the price is surely going above 2 naira in the same time frame.

emmanuelewumi:
Unfortunately, I only invest in the big 5 banks, Transcorp is a no no for me. I have quite a substantial unitd of Dangote flour, bought this year for about N4.00 and less.

I am looking at the manufacturing, food and beverages or building materials sectors .

Fidelity
Transcorp
Dangote Flour

emmanuelewumi:
I have 3 Treasury Bills investment that will mature on 19th October, which stocks can one invest the fund on? I am looking at 4 to 6 months duration.

I have 3 stocks on my radar, just want to learn more from you guys.

Dn't be too confident in Diamond bank q3 result. As stated earlier, since 2015 their impairment charges during the second half of the year usually soaks up the profit. But if they get it right this time, good for all of us. In my opinion, I would suggest we take some level of precaution.

Mpeace:
lol dont mind him. He said he was waiting at sub 1or even 80k but is now angry that we refused to sell to him at 1.15. Shebi he said he would buy at 80k, We will not sell to him ontill that price. I done belle full for diamond. Just waiting for q3 result and the rally that would follow. They are sure to make over 500% growth in profit after tax. The will do dangflour by q3 result.
NOT A BUY RECOMMENDATION, JUST A PERSONAL OPINION.

Diamond is a great stock no doubt. My only fear is their loan provision. H2 loan provision is usually quite highly than H1 since 2015. If they get it right by q3, I will increase my holding.

Mpeace:
You guys should stop comparing FCMB with fidelity. Fidelity is far better than FCMB and should only be compared with diamond bank which is even better than both. NB fidelity has a higher OS than Diamond bank.
And as for that person that says FCMB makes better profits in q3, look well and see that they actually made a loss last q3. qoq.

[quote author=Calebbold post=59975578][/quote]

Exactly. Fidelity q2 is 9 billion. 9 ➗ 28.9 = 0.31. Therefore annualized eps should be in the region of about 0.62 while fcmb should be 0.30. If we are using that as a yardstick, then fcmb should be selling half the price of Fidelity.

Chibuking81:
OK, I now understand better.
The outstanding share of both Fidelity and FCMB stands at;
1. Fidelity is 28,974,797,023.00
2. FCMB is 19,802,710,754.00

Using the outstanding share to get their EPS
1. fidelity; ÷ 28.9
2. FCMB; 3.019 ÷ 19.8 = 0.15 EPS

https://nairametrics.com/outstanding-shares-of-all-companies-listed-on-the-nigerian-stock-exchange/

Fcmb q2 profit is 3.019 billion while the outstanding share is 19.8 billion. 3.019 ➗ 19.8 = 0.15 EPS

Chibuking81:
Please explain more, but what I saw is 2017 Q2 report not final year.

Maybe, there's something you know that I don't know.

Please help to expose any form of manipulation, am 100% in support of that, before we see another Oando and Transcorp.

yom2:
pls what is the earning per share?

Afriprud EPS is 0.43

Just around 12:30pm, I noticed that someone using Morgan Capital sold about 861,000 units of Afriprud @ 3 naira..
I just hope the person is not one of us here... Impatience!!!!