₦airaland Forum

nio68:
with the inflation rate now in double digits and increasing at a fast rate, you would understand why a dividend yield of 10-12% isn't attractive anymore, hence the sell off... hopefully if the government can get the rate back to single digits and stabilise it then we may see inflow of capital with likely capital gains.

Naija Investment climate is just an unfortunate one....Inflation rate went up to 11.4%.....yet the Bond Yields are dropping. FGN 2020 Bond dropped from 12.15 at Feb auction to 11.33% at the auction yesterday.. The yields on Treasury Bills are dropping and Investors in the capital markets do not find Dividend yields of even 12% interesting any more...
I still think a few people are creating panic in the stock market, they want to get it depressed further and then move in at far lower dividend yield...
I will advise investors to remain dogged and take a mid to long term view.... but then if you have made a return above the present dividend yield....take ur profits..

ufotty2001:
uba on full offer

People no wan chop dividends again?

why all of una wan sell na?

http://www.nse.com.ng/Financial_NewsDocs/12637_NESTLE__PLC_AUDITED_ACC_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

N19 Dividend!

This is not for children..

Born2berich:
Closing price of GTB - 16.11 Shame!!!

Kai! These foreign investors are harsh o!!

I want to buy Lifestock feeds..

any reason why I shouldn't buy?

NB: its for a one year horizon as I hope the Forex policy will do them well

Manonamission:
UBA don blow o. Pre-market bid looking good. Hopefully, it won't pull a Zenith/GTB on us as it happened yesterday.

Leave UBA na initial gragra...sebi na wetin GTbank been try yesterday!

Crude oil price fast coming down..

better take ur profits if you did not intend to stay on long haul...

newdada:
Guarantee Trust Bank is currently loosing 4.51% what the heck just happened?

Men in Black??

jarkbauer:
Itrade down

Una don crash their server

megainvest:
GTB on fire.

HAHAHAHAHAHAHA. I don hammer ooooooooooo

https://trwstockbrokers./2016/03/14/gtb-plc-2015-dividend-is-out/

N1.52kobo dividend!!!!!!

This is good!!!

NuttyChoky:
Morning House,

Please who knows of any Nigerian broker that does Stop Loss Orders?

* I'm trying to reduce how much time I spend monitoring the market.

Every broker does this na..

ALL THEY HAVE TO DO IS TO PUT IN YOUR SELLING PRICE N THEIR TRADING MACHINE..

once it gets to that price it goes on sale...but pray that the day it gets there is not the day the stock is on offer and there are no bids..

megainvest:
Why should the profit warnings issued by FBNH and Diamond come as a surprise to anybody who has seen the Q3 results of these 2 banks. It was obvious! Diamond PAT was already 20% down as at Q3. No biggie here.

Diamond bank has already lost 33.9% YTD...its 52 weeks low is 1.33...

like I said before if you have bought at any price above the 52 weeks low, you might have to wait to buy more..

I don't think it will fall below 1.35... but then what do I know?

Elai147:


Next??

No bank would be spared!

If you buy any bank stock above its one year lowest you dey on a long tin...

make we dey wait patiently...

Odiegwu!!!

Pesuzok:
Fidelity on full bid 1.26

This one na shakara!

its going no where!

leo1234:
FCMB on full bid

Una don dump finish??

Skye bank again in the news for bad reasons...

lets see how low it will drop...waiting at 70kobo mark

But then look at Skyebank response...

http://www.theheraldng.com/skye-in-full-compliance-with-tsa-nothing-like-efcc-case-bank-official/?wt=4

9free:
Sold Flourmill yesterday after waiting for good price appreciation for 3months without show.
See how the stock is moving this morning......

hahaha!! na for this kind JIJO dey pain!

I hope you did put the money into Tiger sha?

ufotty2001:
any of this results may come out today UbA, Fcmb, or zenithbank...

Good results don't usually come out on Fridays!!

from my observations; coys that didn't do well usually choose Fridays to bring out their results..

so be careful for what you wish!

bigass:
I am about to dump FCMB shares on their sorry ass

Nne... just dump on us.. no wahala.. but make sure ur ass too follow for the dumping o!

ufotty2001:
the only constrain in this market is just lack of enough cash... Sometimes I see good opportunity but I can't enter

Why not go and borrow?

afterall its bound to get back good returns!

megainvest:
FCMB crew, it's time to take profit. No dulling.

Take Profit?? e don reach 100%??

no be 100% returns Investors in Tiger bands dey talk about now?

Someone needs to alert PMB o!!

How come the market no longer moves up as fast as it moved down when the Oil prices were dropping..

Brent Crude now at $41.30 yet Fidelity bank and Dangote Sugar are still snailing...

http://www.euroinvestor.com/exchanges/gtis-energy/brent-oil/2327059

http://www.premiumtimesng.com/news/top-news/199703-court-clears-nigerian-govt-bring-masked-witnesses-nnamdi-kanus-trial.html

A Federal High Court in Abuja, on Monday granted an order seeking the protection of witnesses during the trial of the leader of the Indigenous People of Biafra, Nnamdi Kanu.

Earlier in February, the court refused the federal government’s application to mask its witnesses in Mr. Kanu’s trial

But Justice John Tsoho gave the new ruling after hearing the arguments of both counsel for and against government’s application to produce witnesses protected “by a screen”.

Mr. Kanu and two others, Benjamin Maudubugwu and David Nwawuisi, are standing trial for treason, maintaining an unlawful society, among other charges.

The lead defence counsel, Chuks Muoma, who recounted the various stages of the case since it started in October 2015, accused the prosecution of unwittingly prolonging the matter.

He said the prosecution had on three occasions disobeyed the order of court and re-arrested Mr. Kanu after he was granted bail by various courts.

Mr. Muoma also said the prosecution had a right to appeal if it was dissatisfied with any ruling or proceedings of the court.

He said further that his clients had for too long remained in detention, without substantive trial, arguing that the prayer of the prosecution to adjourn the matter till witnesses are protected was a ploy to further detain the clients.

Mr. Muoma said the law provides for the prosecution to invite the defendant to court for arraignment.

He said the section states that when the case is called, the defendant appears voluntarily after court sermons or is brought to court by a court warrant.

But in the event where the complainant fails to appear and make its matters known in court, the case could be struck out.

Mr. Kanu’s lead counsel therefore asked the court to give an order for the prosecution to proceed with the matter or strike out the case.

He also prayed the court to discharge his clients after striking out the case and issue a restriction order, preventing any further arrest of the three defendants by the SSS or any other agency for related offences.

But in his response, prosecution counsel, Mohammed Diri, who is also the Deputy Director of Prosecution in the Office of the Attorney General, said the law cited by the defence counsel talks basically about the absence of the complainant, stressing that the complainants in this case were fully present in court.

Mr. Diri then stated that his request bordered on a variation of the court order made on February 19 for the presentation of witnesses in such manner, as to accommodate a section for the protection of the said witnesses.

But Mr. Muoma objected, stressing that an application for such a variation should have been made in a written document within 14 days after the order was made requesting the appearance of witnesses in court, not as a verbal request before the court.

Mr. Diri however prayed the court to grant a short adjournment to allow him prepare a written request for a variation of the court order.

In his ruling, Mr. Tsoho noted that Section 351 (1) of the Administration of Criminal Justice Act mentioned must be considered in relation to the complainant in this matter.

“For the provision to apply, it must first be ascertained who the complainant is,” said the judge.

Mr. Tsoho said the matter before him is between the three defendants and the federal government – represented by Mr. Diri.

He therefore ruled that the said provision does not apply in the quest to dismiss the matter as tabled before him.

megainvest:
It means the time between the completion of a company's financial results and the announcement of the results to the public. During this time, staff of the company will not be allowed to discuss or disclose any info to the media that may affect the share price.

Not only staff but all Insiders....like Directors of the coy and those who own more than 10% of the stocks already

Thank God for the new Leadership in Nigeria...

Before now even if you petition..it will all be trashed by the NJC...

We are getting there slowly but surely!

Judiciary must be purged!!

Intendy:
that's why you need fundamental, technical,spiritual,emotional and even physical analysis.

what about InsiderInfo analysis?

Born2berich:
Still no result from GTB and zenith?

wait small...na sunday nite CBN go allow dem release am

NuttyChoky:
Izzlike AFRIPRUD will touch N4.00 this earnings season oh!!!

Hey God who sent me to sell my own

wuked man!

you no want the person wey you sell to to also make money?

clino:
Would like to know if anyone is having problems being successful with 6months tenure TB. Everytime I bid for the 6 months tenure TB tru FBN its always not successful and my money is returned back. Just wanA know if anyone has been having similar issues 3 months tenure has always been successful by the way

maybe you will have to lower your expectations or ask the bank to use their own rate for you...

jeebz:
What tenor(period) are you looking at?. We have 91 days, 182 days and 364 days. The rates quoted by Sir Feelamong at 9:34 am are per annum I.e per year. As an example, 200k for 182 days at 7.57% is calculated as 0.0757*200000*182/365. Banks have a charge and there is custody fee and transaction fee. Over to you Sir Feelamong.

You have said it all!

I also suggest that he approaches his bankers to try his hand on the next auction.....that way he he become more farmiliar with the workings of Treasury Bills

Bookiemart01:
Hello feelamong, Please I'll like to know more about this treasury bill thing

Just ask any questions and we shall all assist to the best of our abilities