₦airaland Forum

fxuser:
FO sets new 52 week low the bears are nt taking prisoners here 50dma trading below 200dma (death cross on 05 May16 wt macd divergence) Next Support test level is at ard N150 (look at 19Mar15 , 12 May15 & 03June15) Macd stil indicating sell & SP in well Oversold
newbies don't try and catch a falling knife oo
dis: none here just admiring the chart

u are seeing all this too. nice one

let them free the Skye o for the birds to fly

http://nairametrics.com/from-bad-to-worse-sp-says-skye-bank-could-default-in-6-months/

stocks with new 52 weeks low
Vitafoam #3.59k
Sterling bank #1.35k
Forte oil # 163.13k
Skye bank #0.73k
No new high.

https://www.proshareng.com/news/People/Oando-Plc-Appoints-Ikeme-Osakwe-and-Ademola-Akinrele-as-Non-Executive-Directors/31620

http://www.vanguardngr.com/2016/07/n38bn-loss-oando-counters-ernst-young-concern-future/

oando vs auditor
Round 1 fight

https://www.proshareng.com/news/Conference%20&%20MSME%20Events/Nigerian-Stock-Exchange-Releases-its-2016-Sustainability-Report,-Adopts-GRI-G4-Reporting-Guidleines/31613

stocks with new 52 weeks low

MRS Oil #33.61k

Triple gee and company #1.53k

Lafarge wapco #60.45k

Skyebank #0.79k

No new high

crowntoro:
could you please expantiate on what u means by 'adjusted for dividend'?

in simple term the price now(today) reflects Friday's closing price minus dividend declared by each company for year ending 2015.

The equity prices of the following securities were adjusted today 11th of July, 2016 as recommended by the board of directors:

TRANS-NATIONWIDE EXPRESS PLC was adjusted for a dividend of N0.10 . The last close price was N1.24, hence the ex-div price N1.14.


MRS OIL NIGERIA PLC was adjusted for a dividend of N1.10 . The last close price was N34.71, hence the ex-div price N33.61.


NPF MICROFINANCE BANK PLC was adjusted for a dividend of N0.15 . The last close price was N1.19, hence the ex-div price N1.04. Please be guided accordingly

zendi:
Intendy, I understand what you mean, playing it safe and stable.
But, 15% return in 365 days? Scandalous!!!
Then why would one be wasting time and data all year?
We just must be lucky and make BIG money this year thro God's Grace,
even in the face of all seeming odds.
And no apologies to those who don't like hearing this.

Lucky week everybody!

get your drift but depends on everyone's risk tolerance.

true yield is 17% and an upward payment ,its good for Heavy money bags.

Some fund managers will just go put money in TB and bring the proceed to stock market since you are paid from onset.

some stocks will beat that 17% true yield but most wouldn't.

kentoto:
Good morning bros,

Its earnings months, the few good result should lift the affected stocks at least and again i think investors that dump skye and etc, will quickly want to position in the remaining stocks with better prospects.

k

How many stocks can guarantee good return now?
just few.when TB can now guarantee 15% return over a 365 days investment and risk free.
one needs to dig deeper.
happy week ahead

bro DUNKA,all the aforementioned stocks are good except for one or two and you omitted to put #20000 in from of dangote sugar.

reclassifying the stocks by sector

oil and gas =25% app.

food,beverage and consumer goods =39.9%

financial =27.1% app

building material/construction =8%

its a good mixture like I earlier said but your age and risk appetite determines a lot.

You'll have to drop some under performer which will likely drag back the portfolio.
but some stocks in some sectors are OK.
just my two cents for now

RED STAR EXPRESS PLC: Closure of Register – Year Ended 31 March 2016 –
Proposed Dividend: 35 kobo per share,
Proposed Bonus: Nil,
Closure Date: 27th July 2016,
AGM Date: 18th August 2016,
Payment Date: 1st September 2016,
AGM Venue: To be advised

stocks with new 52 weeks low
Sterling bank #1.38k
Vitafoam #3.71k
Forte oil #171.90k
lafarge wapco#63.65k
Skye bank #0.87k

No new high.

EDUECO:
Intendy,Zendi,et al;please attend to my request.

Zenith 15.50

uba 4.60

fbnh 3.81

as @ 11:28 am

feelamong:
https://trwstockbrokers./2016/07/08/specter-of-who-is-next-stalks-nigeria-after-bank-shakeout-bloomberg/



First Bank, Diamond may breach capital thresholds, RenCap says

Risks on the increase as bad debts mount in oil industry

Rencap abi na raincap the rain is already falling on the diamond o

megainvest:
http://www.nse.com.ng/Financial_NewsDocs/14180_LAFARGE_Q2_2016_PROFIT_WARNING_CORPORATE_ACTIONS_JULY_2016.pdf

stocks wan begin play reggae blues again from q2 on NSE

Godisfaithful:
Sir, 1.8 Billion Naira is ...

I don talk na. na change

http://saharareporters.com/2016/07/07/n18b-debt-uba-wants-court-wind-r-t-briscoe

NPL.

Though na change but CG always breached

sky2891:
Please, house, kindly assist me with this question.
Assuming FBNH releases their H1 2016 result, What will possibly be the market reaction if there is no improvement in impairment charges due to loan losses but good improvement in cost reduction (operational expenses) and an impressive PBT yoy result in comparison with H1 2015?

bro.my answer is what will be your own personal reaction/opinion when such result is released irrespective of the market reaction?
cause you are also part of the market you are expecting reaction from.

maishai:
I bought @ 96k and sold 62k after 53 days.......I just tank God I did not invest heavily,If not I should be on the way back to my Village

to do wetin for village?
to join UFO or farming?
will you trek or go by bicycle?

cadno:
Intendy pls what is the information in the report ..am in that stock due to the hype on its mgt buying back its shares...Any good news for share holders

If you are a Catholic just continue with your rosary,if a Muslim continue with your Tesbeu/tesbau but if neither just replace water with cofta,and all shall be well.

But @ what price did you buy then?

forbes30:
..... Debt ridden Oando begs investors ..................
------------------------------------------------------------------------------------------------------
........ http://www.vanguardngr.com/2016/07/debt-ridden-oando-begs-investors/ ...........

it is good they are begging now.a time is coming that investors will beg them to let them alight the vehicle but it will be just too late

Godisfaithful:
Investors, traders, and speculators should be careful of a company that keep asking for cash without generating cash for the investors. Everyone should be careful and thread softly with it. There's always another opportunity in stock market. Life is a race not a marathon!

alms begging.

we know them. O__,P__,A___,and some others.

Tritri:
why?

bro,what do you consider to be the fair value of Guinness? that might give you a clue.

OBAGADAFFI:
This is so wrong

The transaction will include the sale of the firm’s Agbara manufacturing facility designed for drinks business and 6.45 hectares of land while the company retains 3.45 hectares of the land to enable it to invest and grow the retained GSK consumer business, according to the firm.


Under the terms of transaction, the chairman explained that the company would retain the production equipment used in the GSK consumer business and would lease from Suntory those areas of the Agbara facility, which were used in the production process for the core GSK business.


My observations:

1.Why sell off what you have and still go back to lease it.
2. Are they saying their drinks, lucozade and co are no longer profitable
3. What's the stake of GSK management in Suntory.

my brother. I tire o.all this are not pleasant to the hear.