₦airaland Forum

RabbiDoracle:
If this happened, it is finished!

Except if the board of GTB will come and deny that the people who wrote and acknowledged the letter of excess charge were rouge elements in the bank ooo. Otherwise, everything said by Innoson will happen. Even if they settle out if court, be sure that over N50b will be paid with lots of dobale( fayose type with Zenith)

innoson is a good business man and am sure he would be laughing at the meetings with gtb officials as if nothing serious all is just for gtb to acknowledge the said excess charges. as he achieved this gave him the confident to went ahead and cleared the goods he used as collateral without the consent of gtb when gtb held the original clearing documents

..eeennh the excess charge is not 700m it is 500m is that a good excuse,,,gtbank already fall hand,,, they should know better

RabbiDoracle:
Why the police presence??

GTB needs to engage shareholders and state if what we have been reading on social media is true. The amount sued for will kill any listed firm in Nigeria.

Can they acknowledge they wrote to Innoson stating that they charged excess of N500m for the period under consideration? If this is true, then people should use their tongues to count their teeth!!!

bolded is the fear, with gtb and innoson action it appears gtbank formally acknowledge the excess charged. innoson used his business experence to make gtbank fall into his hand

currentprice:
i am looking to BUY again after the close of current candle

currentprice:
Just re-enter crude oil LONG

currentprice:
planning to add to my trade after the white levels get broken and turn support. crude oil is likely move to $60

currentprice:
i slept forget to add to my trade at the break of the white levels,,, i am still eyeing to add on the pullback

update of my crude oil trade

patience is the key. after 2 week of holding mkt still respect the back broken candle highlighted in one of my chart posted 2 week ago

Bianco1:
@Currentprice....Bros don't remember if you did this before, please what's your take/FA of TOTAL like? Cheers!

TOTAL currentprice selling at premium. The company has failed to produce superb numbers as they did in 2015/2016 the latest Q3 Pat reported have no free cash backing which gives doubt to end of the year dividend or struggle to pay poor dividend

bigjay01:
AIICO might be another CUSTODYINS[b] in the making[/b]

Momoney54:
Good morning all, still waiting for your take on the outlook of fidelity and diamond? Current price I enjoy your insights can I have your take please?

brov,, u know i base my opinion on numbers

when the Q3 released fidelity was the best interm of numbers compare to others bank. fidelity was selling at a discount of over 200% the next
bank to fidelity was selling at a discount of around 100%....so fidelity appears to be 1st choice to similar mind like me in the mkt may be the reasons fidelity move from N1.4x to N2.5x .

at the N2.57... other bank can match fidelity discount price in the mkt so similar mind (buyer) like me have more choices to pick. the need to stop buying fidelity or sell to re-analyse btw choices.

note - not saying fidelity is a bad buy o it just my thinking in my own opinion

on Diamond ,, investors are just buying the bank base on sentiment, the believe that no matter the crime of this bank it still worth more than it currentprice

DF


^{_{hope to see such stock again coming next year}}

RabbiDoracle:
I need to collect "owo load" from all the people that bought DF below N5. Bigjay you are #1.

Noooo...you guys can't enjoy this money like this na. There is love in sharing ooo. I don't think DF will go below N7 anymore.

RabbiDoracle:
I pray he joins ooo. From there I will get the loot from him. This guy is on money!!!

I was just concentrating at the numbers of DS only and giving the top price it will get to unknown that there is another one(DF). I lost interest in it when those south Africans messed the firm up and were churning loss after loss.

DF only stock i have now. i sold my eterna and access for xmas break but very hard to let go DF as no stock can match the fundamental qualities it has right now

100% liquid for attacking soon

RabbiDoracle:
DF seems to be having better efficiency than FM ooo. Chooiii, see numbers. The cashflow, asset quality, returns on assets and equity are far ahead of FM.

Who are those that bought DF below N1??

This is robbery of CBN!

na bigjay01 the badest long termer

he is planning to join u in turkey soon with his grave robber loot

RabbiDoracle:
I just checked it now. The report is ok. I can see they are doing rights to clear part of the debts and then the finance cost. The effect of this reduction in the finance cost should impact on the PAT.

The rights is just 1.47b units. IMO, Not much effect on dilution since the PAT will increase due to reduction in debts(Finance cost).

If you bought early this year or late last year at N14 to N18, I believe you are safe to ride long!

Revenue is growing. It is a good business.

This result is different from Wapco. Not saying that money will not be made in Wapco ooo.. I would rather put money here(FM) at N30 than do N43 for wapco.

i am enjoying all your post as i use to on SMN

PETERiCHY:
I loaded with my tb fund @ N43 on Friday will wait for their 2017 full Year result before election palaver will start.

*ThE OcToPuS*

PETERiCHY:
Lafarge/Wapco is another NESTLE in the MAKING....

If you mistakenly sell yours below 3Euros OYO.

*ThE OcToPuS*

peter have the history of averaging.... oando come to mind when he placed the target price on N1000

now wapco target is 3 euro

borrow from below brov

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BullBearMkt:
Kudos!!! Many investors/traders come up with their analysis (fundamental/technical) and belief a stock should rise, but instead of rising, the stock price continue to fall. Many will add to their position believing their analysis is correct! This is totally WRONG! As someone put it, why do you want to catch a falling knife... all you'll get is BLOOD on your hands. At this point forget about fundamentals, forget about technical, forget about what you think is correct, what matters is how the market sees the stock... Market will dictate the right price for that stock.

TAKE: Never add position to a losing trade.

DOLLARTEX:
cp what is your take on ccnn please.

except the liquidity issues CCNN is good buy based on their Q3

there is one good illiquid stock in d mkt apart the etena , ccnn or any other illiquid stock that already discuss here before.

stcool:
They may end up increasing their holdings to 80% knowing fully well minority shareholders may not take up their rights during festive periods, well my kind of stock long term if they decide to delist and pay me off. But I see good dividend payout going forward after LafargeHolcim increases their holding. NB comes to mind.

bolded was the same reasons PEter saw and motivated to load at N49 and confidently posted it here. price now is 43.50 i know if price can move to 49 or 50 peter will run comot and come back here to post against this same WAPCO

^^
numbers will tells

Jejebaba:
Currentprice, what is the fair price of Wema bank please based on their Q3.

even if the man is not in need of money now,,,it better if he can sell at currentprice of 50k ^premium and put the 400k on other stock that have the probabilities of capital gain the 400k can still turn to 800k if he do his home work very well

as for the Fairprice in my own opinion based on Q3 WEMA fairprice is 35k

leo1234:
What an irony!
After painting our thread with pussy talk, you are here forming righteousness.

...and follow by below post 1 + 1 =

veecovee:
No wonder Jesus said that the harlots go first us enter heaven

Jejebaba:
Good day Bnstil,

I will appreciate a discussion on Wapco at its current price as we all know that, it rights issue will close tomorrow. Is it worth investing in? Let the TA and FA guys give us their opinion on it. Between whats the plan for the money generated from the offer, is it to pay debts or for business expansion. CP, what is the fair price of Wapco please.

CC: BBM, FXuser, Pa Emma, Currentprice, YOK and others.

the quoted post below was even before Q3 released i.e opinion based on Q2 and i still stand on it

the Q3 result even worse. with about total browing of 280b. no single operational cash

as for the fairprice, based on Q3 it below N30

pls note: new report may comes out 2morrow to value it above N100 but as at today based on my system i can't buy it more than N20plus

it better i miss it than buy to hold on HOPE against my system

currentprice:
brov how can u get this stock at the offer price N42.5 when you are not existing share holder ,,, to buy on the floor u will get it for N50.

i am looking forward to see their next report but based on Q2,,,,, i can't buy the stock at the offer price ^N42.5 it still at premium in my opinion despite the 17% discounts offer price report claim

even with the 19b profit declared no single operational cash to back it up. they need cash seriously

if i have UBA in my portfolio i will not sell to buy wapco based on Q2

it is my own opinion o, not a buy/sell alert

Alert! Alert!! Alert!!!

Base on Q3,,, Nascon is selling at premium at Today's price of N20 plus. it will not be bad idea to SELL high for re-purchase of more unit later

sometimes Mr mkt may want to take into consideration the likely Q4 GOOD numbers in advance and continues moving the price higher. if this happen price may likely fully/partially reflected the future numbers . this is the situation that happen when a Good audited report release and price fail to move

NOTE ; i have no nascon in my portfolio but if i have i will SELL it now and move on

Coolcash1:
You are right. Its noted. Thanks for the reminder.

very mature reply,,, u handle everything well. welldone

Toluway:
Nice to see you back Master! Welcome. We were about to set up a Commission of enquiry, to investigate your absence. Holiday for market ke, you gave your computer/browser holiday? Maybe you gave your eyes a holiday from the electronic system. My eyes ache as well, at times.
(I normally wake up in the night and sleep off later)

Gave my computer holiday ke, how will I pay my bill , I mean break from this thread to cool all tempers

was even happen to read that part of my offence was when i post on stock the stock gain value. gain is the aim of every one in the mkt. it better than lies or deceived pple to enter mkt and loss because of my selfish gain which i will never do

i stil trap in multivas but never mention this stock for once since no numbers to back it up

yok:
CURRENT PRICE/FBNH/BABA JEJE

I have just gone back to study the chart Current price used in that oil price up move. It look similar to this FBNH chart. Therefore if the expected up move to NGN11.00 occur (I am expecting this within the next one/two weeks) let us thank current price. If it fails, I accept the blame.

For the MSCI update- Babajeje has the template, it he is reading this tread, he will assist.

i have not run to anywhere, just having xmas break for now when i come back i will post like never before to give those said post responsibly more headache

as for FBNH i have gave my opinion on the day the Q3 released as quoted below. price was below N6 then. i gave N12 as the fairprice base on my system even if i don't have the stock i gave my opinon,,, whether it going to get there or not left for MR market

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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

currentprice:
don't know if the party will start 2morrow or not. all i know in my own opinion FBNH fair price is now around N12 and if the mkt think so FBN will run 2morrow , soon or after the winter pullback

i have no fbnh o i like other better option

currentprice:
planning to add to my trade after the white levels get broken and turn support. crude oil is likely move to $60

i slept forget to add to my trade at the break of the white levels,,, i am still eyeing to add on the pullback

currentprice:
Just re-enter crude oil LONG

planning to add to my trade after the white levels get broken and turn support. crude oil is likely move to $60

currentprice:
able to closed this trade on positive last friday

Just re-enter crude oil LONG

currentprice:
able to closed this trade on positive last friday

i am looking to BUY again after the close of current candle

currentprice:
I have taken my 1st buy on crude oil after the pullback to the lower of the blue box,, i will add to it on the move btw now and tomorrow

join to eat the menu if you have the ball,,,,crude oil on journey to $60 may be

able to closed this trade on positive last friday

RabbiDoracle:
Sellers on Monday has the shares as at Friday, 8 Dec 2017.

Buyers on Monday , 11 Dec 2017 don't have the stock.

Sellers will qualify. Buyers will not.

This mean sellers go plenty with no buyer next week. and if this happen I expect the price to bend down