₦airaland Forum

Chibuking81:
Closing sign today, indicate possibility of pull back tomorrow in the Price of FCMB, and if that happen, it will affect the Price of Diamond back.

You are very very very observant....
Gather bids, then 'JANET' them at tail end....
Weakening psychological momentum before charts respond...

Investnow2017:
And when that happens what next?

FCMB sold 169,118,404 units today!
We are watching.
Thought it will not do even 30m.
Same old tricks...

Mpeace:
Apostle Sulieman.

NBST.

Investnow2017:
And when that happens what next?

'Weak' hands will be eliminated....

Investnow2017:
This Morgan recommendation is Bullish on Diamond and FCMB, meanwhile it is SILENT on Fidelity I don't get it!

Some offloading may be done tomorrow or next on DIAMOND and FCMB....
Pray against it...

fxuser:
um
nice bounce off the RSI 50 level on d daily , dats a decent entry signal sef wt d new support ard d N5 region



#justObserving

Do not do cashless observation....

Intendy:
new 900 week lows

..ABC @ #0.48k levels

emmanuelewumi:
Companies have their dividend payment policies, insurance companies are only running legalized 419 business in Nigeria

Quite a summary!!!

emmanuelewumi:
I don't do insurance companies, most of them don't pay out 10% of their earnings as dividends. The return of equity from most of them is very low.

But some guys are making good money from stocks they understand who have low PE, UBA and Access at a PE of less than 3 and a dividend yield of about 25% was a good buy.

You exactly got what I was thinking.
NEM was the first on my mind.
That was my first lesson that p/e has to be approached with a third eye.
If a good company has a bad outing and you have a feel about it's capabilities like the GTBs, Dangote index, you can pounce.
But pounce on a porcupine like the insurance sisters and you will scream in pain.
Occasionally, well managed companies experience drought, not through bad management.
That is the one time p/e make good sense. Like the forex crises recently.
From next week we will start seeing very great p/es from very carefully mismanaged companies. The sharp price decreases will put this great parameter to the test.....

presiade:
If cunny man die cunny man go bury am... They'll make sure they spend all the part of the earning they want to retain on assets...

Who wan retire from board and leave behind the honey and milk....

RabbiDoracle:
What do you mean some things can't be explained? Do you think we are daft here?

We know what retained earnings means and what it can be done with. We know it is used for expansion, development and growth. That depends on the management.

What happened to your retained earnings in Oando, cadbury, FBN, Skye, UBN?

If management don't know what to do with it, share the money.

Where the money is usually drained.....

emmanuelewumi:
You look at the low PE in comparison with the likely dividend yield.

GBAM!!!
....likely dividend to be paid for companies that pay....
Such opportunities that come sparingly in bear times. Like when Zenith descended to N9.

RealityShot:
do you think that foreign investors will use your standard or their international standards for their stock picks?

in first week if this january, there was a tip here to buy Fidelity bank, do you know what its P/e was then and what it is now that is slowing down?

when you see a new idea.. Try it before you shoot the messenger.

only sentiment makes investors ignore P/e. Is sentiment the best tool for investing in your opinion?

So p/e has just been invented?

Disclosure: p/e is the best trap on NSE......

Agbalowomeri:
Like we dey jump up those days on top NEM

I stopped short of calling their names.....
Low p/e can remain low for decades until the 1K rule resets it....

I only started making money on NSE when I blacklisted ALL listed companies!
Having it at the back of my mind that NONE of them cares about me freed my mind to face the game like a war.
They retain big profits, before you know, they are back here requesting for you to bail them out by issuing more shares in rights issues.
Diluting you every now and then...

RealityShot:
@RabbiDoracle:

A low P/E can indicate either that a company may currently be undervalued or that the company is
doing exceptionally well relative to its past
trends.

https://www.investopedia.com/terms/p/price-earningsratio.asp

i used it for FAIR VALUE determination .. Not timeframe

i meant dividends by "earnings" in my post.

You know the technical name. I was thought the easy way.

i see a lot of people asking for fair value calculation like its rocket science.. So i chose to share my simple method.

take or leave it.

Oti-to

On NSE, a low p/e normally indicate a company is on life support....
It infact estimates the remaining years for the management to finally finish milking it.....

I have avidly followed this discussion and I kept smiling....
One person is treating the subject from the classroom, the other is dealing with the street...

Agbalowomeri:
From my world I think this is possible but needs extensive statistical research. A predictive model can be developed but this may be beyond his level, probably a PhD project.

The end result will be the same, the model will take many to their early grave.....

R0LL0N:
Not that theoretical. These findings are needed for chapter one and two. It needed to be able to understand NSE strength and weakness and to come up with a program that can predict future performances

Mr. Market is a prodigal child!
Google Isaac Newton and the stock market.
Since you are on research, it will do you good to dig a bit deeper...


http://www.financialexpress.com/market/when-isaac-newton-faced-an-opposite-reaction-in-the-stock-market/838406/

Agbalowomeri:
You teach them sef, dem no fit sabi. There is a wide gap between industry and academia especially in Nigeria

.Go ahead slay queen....
You're lucky Fela is sleeping....

R0LL0N:
Hello. Am currently doing my MSc project on stock price prediction. Is there any stock broker on this platform? please i greatly need your help i have some series of questions to ask in order to aid my discovery. Thanks.

Contact Google.

onegentleguy:
I find it quite strange that u always seem to find fault in FCMB and none at all in DIAMOND, FBN, STERLING etc.
...To u, everything FCMB 'is to say the least fraud'
I am not trying to compare the tier 2 banks, but it does seem that if there things to worry about in FCMB, then there is even a few more things to be worried about in DIAMOND. ...at least based on their Q3 results.
Again it leaves much to be desired why u would always want to assume that FCMB is in dare need of cash more than DIAMOND when in fact it was the latter that had to dispose of a foreign arm to shore up their cap adequacy. ...FCMB as a matter of fact, did the opposite by spending hugely to strategically increase their stake in what is without a doubt one of best managed and most successful pfa in the country. ...i'll suggest u go thru the current Nos of legacy pension.
...and while ur at it, pls also take out a few moment to compare the Q3 Nos between FCMB and DIAMOND.
...for unless u refuse to be honest, FCMB as at Q3 is a better bargain than DIAMOND.
...need I also remind u that even on coperate governance, FCMB is far ahead. ...for am sure u probably don't remember the last time that DIAMOND paid investors some dividend.
...so I find it really funny when u claim that FCMB is been stage managed and merely following in the price foot step of DIAMOND. Even funnier is the fact that u don't seem to have back up proofs for any of these ur hefty claims.
Take it or leave it, the price of FCMB is ahead of DIAMOND for reasons that are at best genuine.

I hold both FCMB and DIAMOND, but I prefer to be a realist and like to see things as broad as it is wide.

I rest my case.

So you are everywhere there is money to be made....

Chibuking81:
According to Vetiva research, many stocks has reached their target price, while some has pass, and some about to reach.

But they will still keep reviewing till year end.....

Yayira:
All the guy wants is 20% and y'all are telling him to stick to what he knows.. y'all actually got burnt because y'all are after 100%. My dear, if 20% is all you want and you don't mind to wait a year ? Choose from any of these stocks. NB, FLOURMILL, GTB, DANGFLOUR and FBNH. Buy and monitor closely once you get your 20% sell..
na greed dey kill people for NSE. But if I were you, I'll go long-term with any of those stocks cause they can give you more than 20% if you are patient.

Exactly! When I sold my FBNH at N15.16 , someone here asked me to wait small and sell at N16.00...
SinceI knew that N16 was the first pothole (Loco's synonym for resistance) on the monthly chart, I decided to stop my vehicle at N15.16 since I failed to change my shockabsorbers before the trip....

Dreamflyin:
Good day house.
Please I need help to a few questions.
I do more of TBills, and about to divest to Stocks and MMF.
[b]My risk appetite is a bit low [/b]since this fund is a family money which I had ran for 3years at minimum of 12% per annum.
Could holding good stocks for a few months give a 20% profit?
My target is keeping it at 20% per annum.
Is stocks the best for me, or MMFs?

OK let's see where you want to be:

fxuser:
lolx
d forex challenge dat hit all d FCMG's is longer no more .. FA's in d hse will help us with FYE later on
dis one wey CBN de maximize current situation on debt swaps / balance sheet restructuring / Window dressing books.. (same noni)
dis our country na turn by turn .. banks had their turn , fcmg's turn is loading . they will see significant finance cost changes going fwd
all dem non banks are wud hav sent love letters to banks to renegotiate their loan rates else they re-issue new debt at lower levels to refinance debt and be be lo
interesting yr ahead

wetin i sabi

Interesting view!
I must hire accountant this year be dat.

fxuser:
Nbrew
- higher low formation
- a nice place to keep ur profits

Inside alcohol?
I prefer Veecovee's bank that does not issue ATM card....