₦airaland Forum

RabbiDoracle:
And Chibi ike (plastic spoon) said banks will have worst EPS.

Oga mi leave Chibuking jare. He speaks only for himself

Mpeace:
Despite all the lockdowns. Banks may not do so bad this q2

I knew before now that banks made a lot of profit during the lockdown. I didn't know Jaiz was among them.

stcool:
Full Bid loading...Looking like they would run it upto N1.00

It's already moving. It's a pity I'am out of funds at the moment.

Jaiz bank alsmost doubled their profit in their Q2 2020 financials

http://www.nse.com.ng/Financial_NewsDocs/30961_JAIZ_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_202.pdf

http://www.nse.com.ng/Financial_NewsDocs/30850_COURTEVILLE_BUSINESS_SOLUTIONS_PLC-_NOTICES_OF_ANNUAL_.pdf

This is confusing. Did Courteville declare dividend?

Multiplier7:
Good day Family! Pls I need help here

After I told my eldest sister that am into stocks. She sent me 50k to invest for her on any stocks. Every now and then, she calls on phone asking me ..' How far, any good news? The thing tire me o

I only wanted to take out time to study the markets and buy the best for her. But since the pressure is constant.

I need help on stocks to invest this money to yield a nice interest for her. Please any suggestions is highly appreciated .

Thanks.

You better return the money to her o

Multiplier7:
I bought zenith when it was 16.25. Guys pls any hope to redeem something from it at all?

Advice needed pls

Just chill and turn it to long term investment.

Chibuking81:
The made profit but not a lot as you quote they will not have negative EPs as expected in other companies. But yet still, their q2 2020 will be negative against q2 2019.

We will see about that.

Chibuking81:
We are waiting, which bull? Which news will welcome the bull? Is it anticipated bad q2 result? maybe bear trap? Bonanza has come to stay for a while, you will only witness little upward reversal that is one step forward, and southern journey again, two step backward within this period.

On the contrary, banks made a lot of profit during the lockdown

BullBearMkt:
...Check my Daily Review of the market on Youtube. I discussed AIICO (and 5 most active stocks today) at end of the video, take a look if it can be helpful, however, sections analysis is good to look at as well - Best Of Luck


https://www.youtube.com/watch?v=OIFWqIq6M4E

Thanks boss. The video is long o but I watched everything. From your analysis, AIICO is poised to dig lower in the long run, therefore a wait for me. I appreciate the effort you put in the analysis.

Umargarr:
Hello house, please is anyone with info on JBerger bonus?

Thanks in advance.

I never even see the dividend sef

klas:
But FCMB already has a PFA.
It is the FCMB Pensions that wants to acquire AIICO Pensions. So it is not new to the business

Yes. But their asset under management is very little when compared with others. With the purchase of AIICO, their AUM will increase and with the right management and investment strategy will lead to higher income.

RabbiDoracle:
I believe FCMB will rally as a result of this news.

Why should Aiico sell their cash cow? I learnt the pension generates alot for them.

Thanks boss for the insight.

Mcy56:
I don't see any of the two rallying on the news.
My opinion o.

The Ogas are saying FCMB will rally. A PFA is a juicy asset for shareholders. If FCMB knows what they are doing they will make a lot of money from that venture

BullBearMkt:
...Both stocks have potential in the market. FCMB seems to be a leader of the Tier 2 banks while AIICO also a leader in the insurance sector has made a gain of close to 40% YTD. Will AIICO momentum continues? Big question! I will do some analysis for you tomorrow & post the vyoutube link here (only if you want). However, today, I discussed about FCMB & possible opportunities in my weekly review of NSE.

Best of luck

Thanks boss. I will appreciate that.

robobo:
Hello Chief

what are teh new regulations? and what are the changes being expected?

wld appr8 if you share ur insight

Well for one the recapturing exercise initiated by PENCOM which is a prelude to the transfer window coming soon.

All PFAs are mandated to recapture their customers' information in preparation for the transfer window. Any PFA that fails to recapture their customers' information within the stipulated time frame stands a chance of loosing the customer another PFA that successfully does that. Then the transfer window will give contributors the choice of porting from one PFA to another.

So imagine the effect of the above regulations on small PFAs and the ones with over-bloated customer base like Stanbic-IBTC pensions. The industry is going to be very competitive soon, so there will be mergers and more acquisitions.

emmanuelewumi:
Axa Mansard is looking for buyers for their pension business subsidiary

Yeah. There will be more of purchases too

megawealth01:
FCMB should be able to resurrect that stuff

They are not bad in the first place. Just average performance

OBAGADAFFI:
Pension fund is one the juiciest part of insurance business.

Something most be wrong with those AIICO guys.

I suppose they are running from the new regulations from PENCOM. Pension industry is most likely going to change next year.

1kinggy:
If AIICO Pension is on good standing, FCMB should rally.

Actually, they are on good standing

FCMB just bought AIICO pensions. Which of the stocks is going rally on the news abeg?

http://www.nse.com.ng/Financial_NewsDocs/30685_FIRST_CITY_MONUMENT_BANK_PLC._CORPORATE_ACTIONS_JUNE_2020.pdf

Princkez:
what if it's back dated to 2019...what happens to those who bought in 2020

Ah! I was not even considering the possibility of this in my analysis. Abeg ogas in the house should do justice to this question. It is very important.

PETERiCHY:
The NSE you are trading get straight leg

megawealth01:
Hope you read octopus prediction

His predictions dey get K leg

megawealth01:
If he finally says JAPAUL... You go buy?

Lol. I'm one of the passengers in Japaul already.

onegentleguy:
There's this company that may likely do, perhaps not "another neimeth" but likely deliver a juicy reward.
...a potential 80-150% return in the short to mid term.

As usual, most folks will likely only see surrounding RISK without the potentiality for RETURN.
They may not be able to detach FEAR from RISK in other to seek for REWARD.
...even the financial print gives a clue.

I personally dont like the coy, but like I always tell folks;
One of the greatest mystery behind an OPPORTUNITY is that it will sometimes 'disguise itself' and hide behind an obstacle.
...hence given a much better(less weighty in terms of risk)scenerio an 'ugly look' and blowing it out of proportion.
Because great OPPORTUNITIES are usually not found in 'a totally safe and comfortable zone'.
The key however lies in ur ability to 'weigh' the difference between that which is REAL and what is VIRTUAL, and then 'seive out' the latter from the former.
...then u can 'unlock' that obstacle and grap the OPPORTUNITY !!
This is especially true of the stock market terrain, particularly the 'NSE room'.

It is well !!

Boss spill the beans na

naturalflow:
37million net offer.Gate closed with double padlock.

21M traded today. remaining 11M which translates to a paltry N2.9M

Just chill and watch. Profit taking is allowed.

Mcy56:
Enemy of JP full this thread.
Could see some wishing everything should go wrong.
Na to dey trade these type of stock codedly now.
I'm sure those offers are from Nsempas.
When I started seeing offers of 20M, 30M, 50M single bid .....then I will believe it's actually full offer..... until then...

When you guys knows you cannot ride this stock or have liver for it, you for stay away nah.
What fundamental is driving Neimeth?

No mind them. The journey is just starting

sellydion:
Hum tomorrow may be too late.

Or too early

emmanuelewumi:
Nothing stops the Virgin from riding the frail old man. The frail old man will be fine and okay las las

DeRuggedProf:
I fear JAPAUL pass OANDO ooo....

One of my early professors was JAPAUL. The notes I took can't fade! Never knew there was REDISH GREEN RED!

Ponder over STILLBIRT!!!

Be very very very careful. A frail old man has no need for a virgin!....

Prof I got the stillbirth path very clearly. I have been burnt before by this same stock. Na revenge mission be this.

DeRuggedProf:

We will ride it till thy kingdom come. From now on-wards I will be viewing your posts with zooming glasses since you don't want to be straightforward.