₦airaland Forum

As for me, my stock picks for 2018..... afriprud, dangote sugar, nascon, transcorp , fidelity, dangote flour. dividend payment forecast... afriprud.. 40k, dangote sugar..N1.20, nascon....N1, transcorp...5k, fidelity..25k, dangote flour..25k. This is just my opinion. pls do your due diligence.

locodemy:
You mean a profit above 12B naira?
you must be joking.
How much profit did fidelity make? 10B.
If no decline.......see you at 2.00.

Am not saying fcmb will declare a profit of 12billion plus. what am saying is nobody knows what will happen apart from insiders. fcmb could surprise the market because anything is possible in this our unpredictable market

BullBearMkt:
...for now its on suspension. Even with that people are still buying it. Stock with high volatility.

once the dust concerning oando settles, it will most likely enjoy a minibull ride. this is just my opinion. do your due diligence

locodemy:
I dont know o.Should be within this month sha!
What i know is there will be decline in profit and eps in the nine months result.
Last year nine months profit was about 12B naira and eps about 0.87kobo.
Fidelity bank recorded 10B naira in 2017 nine months and eps of 0.60+ kobo.Can fcmb do more than fidelity?not possible
I am expecting around 7B naira profit and around 0.40 kobo eps from fcmb in their nine months.Anything above this will be much accepted.

Every eye is concentrating on the JULY TO SEPT income and profit.If there is a big jump from that of last year,expect a rally in the share price of fcmb.Very possible.

This JULY to SEPT income and profit is what boosted FBN price and the rally we are seeing now(was very good) not their nine months result.Fbn 2017 nine months wasnt attractive.

So brother,nine months will be loss while july to sept will renew investors appetite(hope in 2018) but i reduced my holdings yesterday to grab cadbury @ 11+.

what if there is no decline in their 9 months profit and EPs. This market is unpredictable and nobody knows what will happen except you are an insider. my opinion

oil price is trending towards the 70 dollar mark which is good for the Nigerian economy and should be good for the stock market as well. But my issue is with the upcoming elections in 2019. Anytime there is election around the corner, the Nigerian stock market is negatively affected. Do you think there will be a lengthy bull run in 2018 considering the forthcoming elections in 2019? House, your opinion is needed!

fidelity is a stock to watch among the tier 2 banks. I concur with sir Agba as regards the 25k dividend for financial year 2017. fidelity also has a high outstanding shares so I don't know if it will get to probably 3 naira in the medium term. A stock like fcmb with similar result will probably get to 3.50 in the medium term.

dangote sugar should at least be able to pay N1.20k dividend next year. my opinion

Infinitisi:
My personal lesson from the injuries sustained in the Oando debacle is " Never again will I buy into a promise. I will only buy based on facts and figures.

It was that that illusion of a promise that kept me in the stock despite all the facts saying I should exit. Thank God I received sense December last year and I sold.

No more emotional attachment to any stock.

hmm.. There should never be any emotional attachment to any stock because in reality nobody knows what will happen tomorrow.
Even though Alhaji dangote is the businessman of the year 2017, there is no guarantee that he will be the business man of the year tomorrow. who knows what will happen to sugar prices, wheat, cement etc tomorrow just like what happened to oil prices globally. my opinion

Manonamission:
I doubt this. Lets wait and see

Am not expecting anything fantastic from fbnh.
The non performing loan is just to high and their risk management is nothing to write home about.
Efficiency is zero. The worst bank among all the tier one.

cadno:
Bros, how many stocks are remaining in NSE...moreso, how many stocks trade daily on the exchange these days.
3 or 4 stocks picks makes life better

All the above mentioned stocks are good selections and will give good returns based on their latest results. just be patient, wait for a pull back and enter at a good price. we are still awaiting the result of dangote flour, sugar and transcorp which will most likely be at least above average. my opinion.

The following stocks are on my watch list to buy at the appropriate time: gtbank, zenith, access, uba, stanbic, afriprud, fidelity, nascon, dangote flour, dangote sugar, transcorp

On dangote sugar, I think the stock will most likely get to N20 if it comes out with a fantastic q3 and year end result.
longterm bullish in my opinion

PharmAlfred:
We learn everyday. I believe Chibuking has learnt something new today. The market will keep throwing up surprises. Just understand what you are after and stick to it.


Fidelity really did well this time around. What is Fidelity's P/E now @Stcool? and PEBV and kindly compare it with Diamond and FCMB.

Some gold might just be lying unnoticed.
Cc:
Pluto
all.

I will also pick fidelity ahead of diamond and fcmb based on their latest result. The stock market is unpredictable and always full of surprises. with my little experience in d market, have learnt that there should not be any allegiance to any company cos nobody knows what will happen tomorrow. years back, oando was N100 plus, but today is less than N10. likewise stocks like fo, Skye bank, fbnh etc. longterm investment is very good but the major problem in Nigeria is the unstable economy, policy changes, corruption and greed, corporate
governance issues, lack of trust etc.

Tritri:
@fxuser , @intendy , ur contribution pls.

Please i need everyone's contribution .

I have little of both ucap and afriprud..i want to dispose one and keep one ..confused on which to kep ..Any ideal is welcome.

I will dispose ucap and keep afriprud based on their respective Q2 result. my opinion

bigjay01:
Not really! Anyway, you may have observed that they tend to pay more in interim than final. Whereas the reverse is the case for GTB!
The koko is the total dividend for the year.

The total dividend paid by Gtb for the year is far more than what stanbic pays. I still prefer Gtb.

The likes of fbnh, skye,daar comm, oando, former oceanic, intercontinental, Societe general bank, cadbury etc comes to mind and so many others.

Nigerian companies and bad managers....so difficult to trust any Nigerian company. corruption and greed is celebrated and is now the order of the day. personally prefer companies with foreign managers. There are so many who have not even been exposed

The first thing to understand when going into stocks is having the required knowledge, in depth research and understanding how the market works.
This is hardwork. Not having this knowledge and understanding is the biggest risk in stock investment and trading. if not careful, you stand the risk of loosing everything.
2007/2008, some of us invested in moribund companies without the required knowledge and understanding.
furthermore, you can't just rely on the judgement of brokers cos it is not usually accurate.

pluto09:
It is better you moderate your expectation on UCAP.
The possibility of the company paying a 50k dividend at full year is very slim.
Profits were boosted last year as a result of the sale of one of the subsidiaries which is a one off thing.
Putting all your money in one stock when you are not the owner of the company is not the best way to manage investment risk. My humble submission!

I agree with pluto09 as regards ucap paying a 50k dividend. The possibility is slim. They will most likely pay maybe 35k as dividend. my opinion though

hmm.... stock market...very unpredictable indeed. At times it even defies fundamentals and technicals.
For instance, a stock like dangote sugar has never paid interim dividend in over 10 years of listing as a public liability company. Now working with numbers and analyses, who would have ever imagined that this same company will pay interim dividend.

That is why anything is possible in the stock market

This bear season is actually an opportunity for only longterm investors. It is not advisable for traders or short term investors to enter now

Born2berich:
So many people here didnt witness the 2007-2008 market crash so it will be difficult to convince the lot..

My simple advise to all if you are not in for the long term, i advise you to pack your loot no matter how small and watch. This isnt funny anymore.

I wont say much because i dont want to be termed an enemy of progress or prophet of doom but i advise that you make research on the last market crash that so many analyst didnt even know what hit them.

Yes if you are not in for the long term, the best thing is to sell off.

Yem0350:
I am waiting for FBNH @ #9

I hope u won't say N7 if it gets to N9

Tjohn1:
FBN - 10.97 hmmmm, na waoh!!! na only you waka come this market?

If you run me out, na u sabi ooooh....!!!
Stop the bleeding man!!!!!!!! Kilode!!!!
I must look for money to average FBN by fire by force!

That is the best thing to do. I can tell you stocks like fbnh,zenith,gtbank cannot be down for a very long time considering their pedigree. The bear season could run till the end of the year, nobody knows. It could even pick up before the elections, nobody knows.just take calculated risk and buy in tranches cos it could get to N8, nobody knows what will happen.

passwelle:
I can not agree with you more. I just scanned through the market, and across a few other bourse's. I see a lot of red. I see lots of cherries many ripe for picking. I am however not picking this week and was only disclosing my own position. I hope you are also buying in tranches.

Yes am buying in tranches. To me this is a rare opportunity that comes probably once in 5 years. So many companies right now are trading way far below their intrinsic value. These are companies that would declare good profits in billions @ the end of this year.

passwelle:
I wish everyone who intends to mop up all the very best. Remember the people selling now, may know more about the stock than you.

If you scan through the market, you will actually notice the selling is across board except for very few stocks. It has nothing to do with the people selling knowing more about the stock. This is a good time to buy but I will advise anyone to buy in tranches.

Yem0350:
This is d planting season. Make gud use of it. Start planting in tranches

Yes o. Have resolved to start buying in bits this week starting with FBNH though I initially did not want to touch any banking stock. But the way the price is falling is a promo. Buy 1 get 2 free

Aks:
FBNH is the worst HIT stock in banking sector, i just can't believe the price

Maybe foreign investors have large shareholdings in FBNH. Moreover, the liquidity ratio of FBNH is very high, hence it is easily susceptible to volatility

Born2berich:
Thats why in this NSE, impossible is nothing as nothing is impossible.

First bank is currently selling at N11.55 ATM

I am currently targeting fbnh cos this rare opportunity must not pass me by. Even if it entails borrowing money to buy I will buy @ N10. No shaking

Born2berich:
The fall in price in the banking stocks were inevitable. It all started with SLS and his tightened policies.. Thats why i made a decision never to touch any banking stocks for now.

I concur but getting a sound stock like fbnh @ 10 or less is an opportunity that comes probably once in 5 year

Chibuking81:
Most Stocks are crashing, and many will soon join, I stated this about few months ago. Pls do not expect the bull soon, but till after election, in fact next month crash will be worst.

Agree with you but I doubt if the cement companies,breweries and nestle will crash

@house,
Am already planning towards 2015. Going forward, this is what I intend to do:
Am moving out of the banks cos I think the cbn regulation and headwind is going to extend till 2015 and I feel the scenario in the banking sector is going to be the same as this year if not worse. The banks will definitely declare dividends as usual but it might fall.
I am pitching my tent majorly with companies in the consumer sector and also oil and gas. I feel these companies should be able to give me the capital appreciation I desire.