₦airaland Forum

locodemy:
Enjoy.
pls who never gotten fcmb dividend alert?

i done dey shout since , i never get my alert

Godisfaithful:
Thank you sir Loco. Enjoy your loots Andy don't forget the less privilege and other friends and families in need.

i still never get alert oh, is it just me or we plenty, loco berra leave that your parry and see to it that all man money enter. .

only you cannot be poping bottle make men dey look.

after now if we say FCMB has issues them go say na lie.

k

afo7219:
hmmmm...........from fbnh to oando OK o we don hear

morning people,

As i never see alert, am on strike till FCMB pay my dividend .

They are just sending wrong signals about the bank.

k

locodemy:
Expect alert btw 5 and 7pm today.

kk, thanks

People,

Wetin dey happen? i never see alert..@loco call your people now.

k

Morning People,

Please put an eye on Dangote flour, who will blink first the Bull or the Bears?

The bus, likely coming back to pick interested customers before it heads back uphill.

k

SBG04:
I'll just ignore all post relating to that person. He jumps from page to page attacking me and playing "always right". Everyone has the freedom to post at his\her discretion. How can someone quote me and call me "generally insincere"? From where? Because I chipped in on what a newbie said? Utter rubbish.

.

Guy,

it does not take long to recognize sunshine, He understands TA and decided to encourage people to use it more in trading especially if you are a short term trader, BullBearMkt has organised webinar on using TA, i suggest you look for it listen to it, you might learn one or two things.

Personally, i know if NSE Is gonna part of the best Capital Markets in the nearest future, then its TA.

We should be careful about what we post cos of newbies amongst us. Shout out to @fxuser e.t.c that are also pushing TA.

TA is the future, dont fight it, get in line and learn it.

locodemy:
I have been honourably invited to the 4th AGM of fcmb group both in sms and email as a shareholder.
The meeting will hold tomorrow @shell hall, muson centre onikan by 11am.
pls who and who will be there or na only me remain for the bus?

.

The Bus still full, who them for invite if no be you?

represent us abeg,

OBAGADAFFI:
20K is small

what were you expecting before? i was expecting 15k, them go take am like that.

the wait has been too long

holm:
Sir, the above is Q1 2017 result for FBNH.

See above post for hint on 2017 dividend declaration.

FBNH dividend is 20k, i in there some where, the document is heavy sha.

Intendy:
stocks with new52 week lows

avon crown #1.04k

trans express #0.83k

stock with new 52 week highs

Stanbic Ibtc #25.00k

Men, didn't see the coming on Stanbic oh, immediatly i saw the result i just didnt bother knowing where is was going,

k

[quote author=debeey87 post=55967553]Is there a rule that states when results should be posted?
[/quote

international best practice is before market opens or after market closes.

Just an observation, why are the results dropping during market hours,

SEC, NSE , this is wrong, it is manipulative.

K

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/17763_ACCESS_BANK_-_Q1_MARCH_2017_FINANCIAL_STATEMENTS_APRIL_2017.pdf

nice, ,

austinkenneth:
If you withdraw ur bids or bid at lower prices, they will forced to leave at lower prices and we'll mop up. Trust me, they'll all come back in abt a year's time.

,

i hear you,

meanwhile, the bid offer ratio of most banks are balanced except FBNH and Access Bank Plc,

@fxuser and @bullbearmkt any tuts on that please? are going to get a delayed bull run?

k

austinkenneth:
Gbam! Until the foreign investors return, The market will trade sideways. The sad thing is that they are still exiting.....GTB is a recent evidence.


We are providing liquidity for them to exit. If we withdraw our bids, all banks will come down to their sweet spots, and......

Will removing your bids stop from from leaving? who will hurt more ? you or them,

PFI are always on the move, capitalist to the bone, our frail economy needs them

k

someone just dropped 80m units of access , e no send , just dumped it, or have they seen thier Q1?
This is real life action, now the same stock is offerd at N6.60. .

Who no go , no know,

k

Mpeace:
What is happening? Market no respond to GTB wonderful result in a very positive way.

Mr, Market no send anybody.

Maybe its too early ,

maishai:
House,how low can guiness go....this is another great buy looming on my medium horizon...the company is working hard to get out of their wahal

.

That's a difficult question oh,

Brewery sector has been facing serious challenges for a while now.

1.Consumers not drinking as much again, the premium​ brands are too expensive, NB was lucky to acquire value brands like Goldberg and Becks ones to matain sales.

Guiness no get value brands like that.

2. They almost got it right my going into liquor distribution cause again drinking beer was running out to f fashion.

Youngsters drink black label, JD Hennessy more now, fx issues has made does one too expensive to drink like water , since we don't produce it in the country.

3, cost of distribution is a major concern to breweries and bottling companies in general.

4. Guiness are changing MD like Real Madrid, none was able to fix it.

So, just dey watch that sector from a far fundamentally. Maybe technically. @fxuser and @Bullbearmkt can commen

K

People,

An eye on Transcorp, what is happening, the bids are climbing oh,

k

BullBearMkt:
...THAT SHOULD BE BLIND RISK!!!

CALCULATED BLIND RISK

jumboo:
There are components that should be added to PAT and there are components that should be taken to OCI. All the banks do this and it's subsumed somewhere in the notes or presented as a separate line item. Like Access bank's 2016 audited statement which you mentioned reporting separately, they made a FX loss and its part of PAT (Check note 12).
Check same note 12 on Diamond bank: " Net trading income on foreign exchange and financial assets held for trading includes the gains and losses arising both on the purchase and sale of trading instruments and from changes in fair value. "

There may be manipulations in the underlying records but the treatment is right per accounting standards

thank you jare

pluto09:
Yes, profit is very important in our clime and that is why you see all the manipulations with bank results.
Let me ask you this question; why do you think banks like fcmb,gtb and fbn add their fx gain to their profits while banks like access,uba,diamond and fidelity reported their fx gain separately?

Simple, its preference. as long as its not illegal, every body wants a good outing.

k

pluto09:
My brother, diamond bank result is not bad at all.
Gain in forex was reported separately from PAT compare with fcmb that added it to PAT.
They also grew deposit remarkably and they are also growing their loan book.
Don't just look at PAT if you are looking at banks results.
Line by line comparisons, I will choose this diamond above fcmb at the same price going by their latest results.

Note; I have neither of the stocks in my portfolio.

A result with profit position draws more investors/traders to itself more than a loss results, dividend also draws more attention than no dividend,

please dont compare FCMB AND DIAMOND bank together, mind you the stock price has been scripted for dividend payment, people are expecting alert next week, Diamond alert na next year oh

pluto09:
I was also expecting a loss here too.
No wonder,it was bided up from 80k to close to N1.
Surely,insider everywhere.

Am sure by tomorow now people will be heading bank to FBNH to take position, the last hope of dividend for now, no matter how small it will be.

Since Diamond Bank done disappoint and hope reduced on Transcorp Plc.

k

PETERiCHY:
Did you open the link at all

tony just dey feed fat on transcorp. expense lines are always going up, na wa oh.

k

BullBearMkt:
...this will be a nice discussion. As for TA, I want to study the price & volume of that stock prior to making such impressive move & we can then look forward to similarly response to future stocks (past data is not indicative of future occurrence sometimes, but are good for correlation especially when you have almost similar fundamentals to back it up). I will be interested in this intellectual study if we have participants (Fundamentals & Technicals)...

Yes, i love the idea, am in, i think we should get a list and educe them to a few of about 5 stock to monitor.

flour mill
uacn prop,
uacn,
ccnn,
cadbury,
dangote flour.

i would also add FO, and OandO plc,

please lets grow the list.

BullBearMkt:
THE TREND IS YOUR FRIEND...

Price is always noisy with a lot of fluctuations up and down. This many times make it extremely difficult to determine when to enter/exit a trade with profit. Just like a drunkard going from point A to point B, price will first stagger around to reach points A', A''... before it finally get to its destination at B, Chart 1. This of course is to create emotions (fear/greed) for traders/investors to ensure he/she exits the trade with a loss or at most minimal profit.

A great tool to smoothing out price fluctuations is the MOVING AVERAGE. A moving average of price is based on the close of each bar interval. For example, a daily 20-Day-Moving-Average (20DMA) is the close of the last 20 day bars. It is great on historical data and provides price trending.

The phrase, "...the trend is your friend" was coined to keep traders aligned with the general direction of the stock's price instead of jumping around the price's whipsaw. If the overall price trend is up, traders will want to BUY and if the trend is down, it is SELLING time.

LIMITATION
-Moving Averages on price are lagging. This means moving average reacts to price movement, or price turns before MA makes its turn...

The longer the moving average, the greater the lag but the benefit is you will get a smoother trend. Hence, a 50DMA provides more lag time than a 20DMA, although 50DMA will give a smoother trending than 20DMA.

Chart 2, is UBA historical daily chart with 20DMA (blue line) and 50DMA (magenta line). Study the price fluctuations and how 20 and 50 DMAs provide us with the price trend

USES OF MOVING AVERAGE
-Provides price trending
-BUY or SELL signal: When a short (or fast) moving average is above the long (or slow), it is considered time to buy. But if the fast MA is below the slow MA, it is time to sell
-Provide value pricing: When price pullback to the moving averages (when rising), it is considered a good zone to enter (or re-enter) the trade

Good morning my fellow forumites on Nairaland...


PLAN YOUR TRADE AND TRADE YOUR PLAN...

Thank you sir, am re- learning. .

Chibuking81:
My brother Ihedioramma, hope FBNH will be the stock of the year if they should declare between 50 kobo to #1.
In fact am preparing to celebrate with you between this month ending and next month, by then FBHN will be selling above #5, congratulations to all those in the FBNH bus.

.

50k to N1, maybe in 5 years time.

the banks is just coming out recovery,

k

currentprice:
honestly those mention hav change d look of this thread for good
with their contribution u are good to fly independently except you are not destiny to succeed in financial market
many thanks

Yes oh,

Na God send them come this side, to deliver men from all these, VERY OVER SMART BIG PEOPLE , that almost invaded us.

k

sky2891:
Likely 26th

am thinking this friday,

28th too far now..

9free:
Na yield we go chop? Abeg allow the Elephant reach N10 before result show!

For some investors/traders, na yield oh. i have a feeling the will drop the result on Friday after market hours

k