₦airaland Forum

mendes911:
What have I said that's not of Peterichy's real personality? As market is reversing now (may be minor PB), wait for his comments.

Focus on what brought you to this thread. He is not the only one that makes claims that the market disregards. In fact, we all do. Once an individual gives a pick that turns out right, there's every tendency for him to think he is infallible. Chest beating is largely a human phenomenon. Even a dead clock is right twice in a day.
Let's just accommodate one another. I hate to read abuses and insults on this thread. Let's leave that for the teenagers in other sections of Nairaland abeg

I am tipping UAC-PROP to record one of the highest returns this year. Management has taken a bold decision to venture into retail/residential space against the luxury and commercial segment which is experiencing a downturn. The FGN is focusing on mass housing schemes in many states in the country in partnership with Private investors (the likes of UAC-PROP). The focus will not be on the loss declared in their financial report in achieving this gain.

Disclaimer: Took position at about N1.89 and would therefore not encourage anyone to take position now. Do your DD, then watch for a pullback

Cadillac15:
This is what will happen in dangote flour once the bus moves. Willing buyers, No sellers

This should pave way for Dangflour. It is a necessary precusor to the much anticipated rally in my opinion.

mendes911:
Disabled Mind!! LOL. At least I have got a "mind" unlike you. Your memory is so downgraded that you spew rubbish day-in, day-out.

At times I do wonder how old you are. You are worse than a scalar quantity.

I bet you might return back tomorrow to preach how you advised "everyone" to keep off NSE.

If only I can have my way, I will not only ban you on nairaland but will make sure you will never have internet access anywhere.

RUBBISH.

Please you guys (Peterichy inclusive) should desist from this attitude of attacking personalities here. It is not encouraged here.

May&Baker on steroids.

Princkez:
FBNH on bid #7.07

FBNH is going to cause a disruption in price ranking of banks at this rate. Access and UBA have slowed but FBNH is still surging. What a year Which is the next crazy stock peoples? More money to be made this year. 30-50% my foot

Looks like the Bulls are tiring

Cadillac15:
Brother in the lord. i have your sentiments but i have been in finance for too long to take chances. I advertised FBNH and would advertise it anyday. But we are not members of the board neither are we the auditors.

Let me ask you 2 questions. What if information leaks that the worst is not over? What is the eps for 2nd quarter is not what you think?

I speculate at times but over speculation kills.

Gracias

Sincerely, I don't expect Q2 margins to be fantastic. Q3 is actually the game changer. According to IFRS, NPL can't be reclassified as performing until after two consecutive quarters of performance. FBN management disclosed that payment obligations were met in Q1 from one of their major exposure and that they expected same for Q2. It is in Q3 that this is taken off NPL and added to profit and loss account.
That said, I think the market reaction is premature in the sense that nothing is concrete yet. However, the market thinks it over-punished FBNH and seems to be eager to make amends. I won't be surprised if FBNH trades in double digits this year.

Of Dangflour, talk of an interim dividend is a NO for me. I don't see a company just getting out of the woods paying interim dividend from negative retained earnings. When the going was good, the company never paid interim, why now? I expect the market to reward the stock for consistent improvement in earnings by Q2 sha. A 50% reward in price is not impossible subject to price of Dangsugar. I feel it will trail Sugar this year at least.

Disclosure: I'm closely watching Dangflour playing the FBNH route first. Don't buy based on this basis. Consult your investment advisers.

Princkez:
bros u hav said it all...i hav been saying same thing here when FBNH was still #3 and they were asking me for FACTS,thanks for this analysis...God bless.

His approach is clearly better. You can't ask people yo buy a stock without backing it up with reasons. Please always give points to consider. That way, you encourage individuals to embark on an intellectual quest to verify your claims and the quality of this thread is improved. Picks are encouraged...... Let's just take it a step further with points. You'll observe that TA guys do this by default.

I just need a stock that can give me like 30-50% this month and I would be satisfied with my gains for this year.

#Olivertwist

veecovee:
checked the website? I wonder as well, why they omitted uba

Wonder not. No credible source. You determine worth after settling obligations.

BullBearMkt:
...in a bull and even more bullish market like what we have now, anything is possible. Sentiment is high which will continue to drive stocks UP and at the same time there is high risk of buying into a new stock because market can reverse anytime. The ball is in your court to select your option

Maradona. Professional answer much better than prophesying what sentiments revealed sha.

So much confusion right now. Hold, Sell,Buy Bullbear,fxuser, yok abeg torchlight this matter.

Kashif:
I am not getting it. Somebody wants to sell at 0.99, and somebody wants to buy at 0.99; why cant that happen? Any time I found space to look at the live feeds in the past, I never saw matching orders unmet, apart from today.

Why would one be bidding higher when there are lower offers? At the time of that screenshot, those were the only offers, and there were matching bids.

Oga, this is not the time to be confused or make mistakes o. Click the drop-down arrow against the stock symbol of interest, select "Market Order>> By Price". Always Always do this

flexshop:
Bought fidson at 0.9 and jumped off at 2.40
To focus on champion brewery at 2.2-2.35... Jumping off the train at anything upwards 5.

Fbnh on my mind. Praying for another pullback to N5 though seems unlikely

Jokes apart, I need FBNH to slow down. I got some more money to throw at FBNH.

If Dancem too is on a 2m bid, then we should expect the index to shoot above 31,000.

locodemy:
Revealed by technicals........

Where is fxuser and bullbear?
I hope they did not go to the toilet upstairs?

The number you're calling is busy, please call back later.

Which stock returned the highest in May. June is here........which stock is going to surprise the market?

#Edited

OBAGADAFFI:
Hope the wise ones, are running away with their loots.

Some running away won't be wise this season

Coolcash1:
42.8m bid for FBNH.... ..No body wants to sell. Hope one disgruntled market maker will not pull up surprise towards close of market by crashing the price to close below N5.30

Recent pull-backs get as e be sha

UAC-PROP

OBAGADAFFI:
Hope the wise ones, are running away with their loots.

Investment plans differ and market is unpredictable

ORAGBON:
Hello house, what is happening in UACN Prop.? over 219Million bids

Disappeared Who are these fellows?

Pa Emma, what was the gist from the AGM abeg?

Mother of all bids on UAC-PROP.......I think we should watch the UACN family

veecovee:
who is the someone are afraid to mention his name?

Afraid? Nah. Just not necessary. I do not intend to shame anyone, so to what end? I come in peace

veecovee:
that's why I told him (peterichy) and myjoy84 (Godisfaiful), to stop speaking like God...only God knows the future. Simply never forget to add "this is my thought"

Someone also advised whoever was holding FBNH to sell and use the proceeds to buy Dangflour. This was before the FBNH rally started sef. Now you can actually partake of both worlds.
Stop making comments like you are an Oracle, they won't listen.

N1.5B spent on GTB and counting. These MIB (foreign portfolio investors, Pension funds, institutional investors.......) are wicked people o.

feelamong:
when we were seeing the MIB bidding for FBN asking people to buy up FBN..they didnt take us seriously..

anyway...make una still try to get in..

This stock is destined for N10 by year end

Greed is bad but I gotta admit I should have bought more than I did. Reinvested my dividend and added some extra cash but but but I should have bought more

Manonamission:
MPC triggered? Was there a free-for-all or were chairs flying at the MPC today?

http://nairametrics.com/nigeria-records-gdp-growth-rate-of-0-52-nigeria-still-in-a-recession/

This is expected, isn't it?

fxuser:
bears finally taking their turn
#Pullback season

MPC triggered? Was there a free-for-all or were chairs flying at the MPC today?

Are we sure GTB is not up to something? This premium is too high nah.

fxuser:
UBA
- intends to raise 500m eurobond

Zenith and now UBA. Which is next? I wonder if this was mentioned at their respective AGMs.

db15:
Good evening all, please I have a question. I followed up on this sec directive and submitted my e-dividend to the registrars. they keep asking for my stockbroker to update my signature as my signature is not in their database.

I thought the purpose of having your bank sign off on the e-dividend is to avert all this.

Also is there a way to do this once and for all on maybe cscs account or must we always do same per shares bought.

Please advice

Some registrars require that your signature specimen is transmitted by your broker via CSCS i.e you complete a share transfer form with your broker who then forwards to CSCS. Data is shared or reconciled between the CSCS and Registrars on a daily basis. For a once and for all solution, try to get your signature specimen across as described above by buying shares of a company administered by a registrar. You only need just one of the stock under the Registrar's portfolio. Subsequent stock purchases won't require a signature specimen if already done for a stock in the registrars portfolio.
However, a registrar once gave me a form to fill and sign after which I was asked to get my bankers to confirm the signature. I didn't have to go via the procedure I described above. Not sure if it was APR or Cardinal stone.