The colossus is ON. Watin do Agba?Trade with caution. Happy wknd

ihedioramma:
Remember to pay your teacher's here, ONE LOVE .

smiles! Maybe agbalowomeri go pay am with eletro-teller.Wink

ihedioramma:
Thank's you forgot to tell us your old name because we dont know you with this name ? .

alias here is Makashava! I greet you. Watching stocks dznamics on Silentmode.

Diamondbank made a suprise lift with the "News" that's the cause of it strong comeback.Nice1 Fcmb will do Sympathetic response. Howfar? Dunno!

Again,looking at transcorp under Tonys Spin,quite interesting with good result...watching its move #1.8?

Oando...it's technical suspension is a leach hold! Watch it's rage when unfold from the siege.

Finally,festive season is here....there should be bear but with Oil price pushing north,im curious what to expect. Have a nice trading day!

If Transcorp no torch #3 make uncle Tony resign cos all the africapitalism thing no d show for him bizness na. Imagine all the money in Discos sef.walk the talk ooO

Transcorp and response to FG /discos news effect.

Hopevile #2 price?

Where is transcorp heading to in price #2.0 post or how realistic in all realism?

Even diamond is turning to bid....end of year rush.

Oando Plc finally revealed the parties behind the petition written to the SEC. According to Oando, the petitioners are Ansbury and Alhaji Dahiru Mangal. Oando claims Ansbury Plc is not a shareholder in Oando but a shareholder in a company domiciled outside the country which in turn holds shares in a Nigerian investment company that has shares in Oando. The second petitioner is Alhaji Dahiru Mangal, who indicated in his petition that he holds a 17.9 % interest in Oando, of which 4% in his personal capacity. He is yet to disclose his beneficial ownership of 13.9%, in accordance with the Corporate and Allied Matters Act (CAMA). Failure to do so is a violation of the act, and Oando has written to inform both SEC and Alhaji Mangal. The story is that the petitioners are not happy with recent change in the shareholding of the company disapproving of some of Oando's capital raising efforts

Zhirinovsky:
whats happpening in AIICO?

I'm heavy on this stock...it's an old timer and consistent. *my opinion

stokfrick:

Kai this NSE can send somebody into exile if one is not careful

Ok so you implying your friend was sent into exhile due to carelessness in his investment? Hummmm! Perilous times indeed.

Mpeace:
In my own opinion, zenith result is more than good. It is excellent. I think they can pay up to 4 naira dividend at year end. Their EPS of 240k which more than doubles last years 113k appears too good for the current price. They could well do 500k by year end, all things being equal. Zenith is good at even 40naira per share. My fear is GTB. Can they justify their own current price?
With this result one would ordinarilly expect zenith to be on full bid tomorrow, but market get him own mind.
Disclaimer: I have no Zenith in my portfolio and do not intend to buy. My pocket can only afford penny shares like FBNH.

an ordinary dividend of #.35k FBNH can mean something for the patient ones. If declared!

Mpeace:
I am very serious. I actually look at percentage increase in price(capital appreciation) than actual increase, and that is why I go for penny stocks. For instance, I bought FBNH at 2.97 earlier this year and at that time Zenith was 15naira. FBNH has done 8naira today which is over 150% increase(its present price of 6.3 is even over 100%more than what I bought) Zenith has not done up to 30naira (100%)since then. So if I invested 1000 in both zenith and fbnh I would have over 2500 from fbnh and less than 1900 from zenith(even with dividend) . Other penny stocks like transcorp, Diamond bank, Fidelity, fidson etc have done similarly by increasing from below 70kobo to over 1.50naira giving excellent returns of over 100%. That is what penny stocks do. And its better to check in percentage return than actual amount. If Nestle and Fidelity both give similarly excellent results, the highest appreciation for nestle might be to go from current price (eg 1150) to 2000. Fidelity can easily go from current price(eg 1.3) to 3naira(like fidson) thereby giving a higher % return. So if you invested 1500 in both, nestle might give you 2000 while fidelity gives 3000.

You got it!

ihedioramma:
If it get's to #15+ you now believe ?

humm @ #15 for fbnh not within the short term. Say #12 maybe a likelihood in d event of 100%.

Mpeace:
Is FBNH about to move again? Bids mounting

I kinda believe fbnh might hit #10

Toluway:
To God be the glory. I see green in my afriprud at last! It is just the beginning for this wonderful company.

what happens if it turns red again? Bro.

stcool:
Where we stand on the ASI and some key movers...

FBNH chart please.

It's in hard times we know our friends! Has the faithfuls of FBN despised it?

bolabiyi:
zenith is still good at dis price if u ask me....

FBNH have big room on the upside compared to the downside

lancee:




chai

I laugh in 3d really. Noticed that the price been hovering around #6 these weeks,and it did #7.5 above recent high! If others are on dividend declaration I don't percieve fbnh @ #6 remaining dormant NPL are being taken care of among other things to repostion the brand. That's my source!

Most likely fbnh will declare dividend and capital appreciation.

Aiico,Waiting for your result! ...#positive

sky2891:
I heard investors are looking to invest in some Insurance companies. If true, which insurance companies are they trying to invest in?
cc: ALL

I for one was amazed but expected Aiico to herald it.until NEM is gaining ahead of he perk.

OBAGADAFFI:


That volatility is the KOKO,

Volatility brings profitability if properly timed.

true!

The current reality facing oando might force down some other blue chip stocks the likes of transcorp, fbnh, as we see things develop in few days time.

Fundamental drives the NSE!

stcool:


The NSE can not claim ignorance, I remember vividly during the days of stockmarket Nigeria website, where most guys I respect so much in investing where raising the red flag countless number of times about Oando (At a point I was arguing wrongly). They saw it long coming and they pulled out all their investmets in Oando and never went back.

Wale is a killer, he killed Oando. Forget about the ConocoPhillips deal. God exposed him. They never had the interest of minority shareholders at heart going into that deal. If Oil price had stayed up, they would have diverted so much including divesting most holdings to their cronies.

Have you tried going through Oando financials: Oando bahamas, Oando this & that, so many sub companies under one company you begin to wonder. Go and check the shareholding structure of Oando Energy Resources, the same way they are diluting Oando plc Nigeria, is the same way they are diluting shares in Oando Energy resources.

At the end, the real Oando shareholders own nothing in all this deal. But they are quick to raise capital from minority shareholders. God will punish Wale & Co.

this is pure vexation!

nio68:
Bought conoil shortly before I went on holidays, didnt follow the market while I way away ... came back to realise I have lost about 30% on conoil . na to sit tight with this one ... felt bad though.. normal me would have exited since... just 2 weeks of not following the market and see the damage ! those who buy long term I wonder how you profit ...

true words factly.

locodemy:



This post came after conoil result.I remembered it was 44.00 the day you told me this.
So how did you make it bro?

lols you guys are bad! Currentprice no mind them jaree! #humour

Eterna Plc Shareholders Approve Dividend

Mpeace:
Transcorp. hmmmm

waiting at #1.2

Aiico is waking up eventually...

veecovee:
haaaa! Brother, I mistakenly failed to sale conoil when I was on N50,000 profit, thinking the profit is too poor. And later had to sale on loss of N80,000...when I saw the stock on a bad body movement

it happens but dnt fold keep learning.

Englishgold:
I lost over ,200% in diamond bank

How?