₦airaland Forum

Cadillac15:
Bro. I bought some units of WAPCO thru Morgan Capital and they are closing their register 2moro. What do I need to do in order to receive my dividend?

Not sure you asked the right question Are you expecting a credit alert or cheque in the mail box? For the former,visit your bank and ask for E-dividend mandate form. For the latter,do nothing......better still, start praying to receive the cheque in less than six months from payment date.

holm:
Dangote Flour has had, Negative Retained Earning, for some years. With a negative retained earning, you can't pay dividend(It's like having negative bank account balance). But with the accumulating profit in the last few qtrs, the retained earning is projected to turn positive by year end. Thus, we shareholders, are expecting something huge or nice , this year.

As at Jan 1, 2017(pg 7 of Q1 unaudited), Accumulated losses/Retained earnings stood at (N12.4B) only. By the end of Q1,2017 it improved to (N9.84B) meaning gain of about N2.62B. Dangflour will barely turn positive as far as retained earnings is concerned if it continues at this rate. The company must report higher profits to meet your huge expectation. I don't doubt the potential of the management to make this happen though. Just trying to paint a clearer picture. Subsequent quarters should be better. I also believe the market might reprice this stock higher before the year ends as continuous profits are declared quarterly.

This is not a recommendation to BUY or to REFRAIN from buying.

EDIT: Just realized there's a seperate report (pg 8 of Q1 unaudited) stating (N8.51B) as at Jan 1,2017 which has now improved to (N5.48B). (Accountants in the house, what's the difference between the two?) Then, it's expected to turn positive by Q3,2017 if tempo is maintained.

chunkuli:
pls dont know if anybody else is experensing this, some pages refuse to open on this forum like the page before this, wouldnt open. pls what can l do abt it.

Just download "opera mini" if you don't already have one. You can thank me later.

Zenith, see your mate crossing N30. SMH for you o

feelamong:
Oga..you go gree pay the required amount for seat for this Ring side position?

I wouldn't mind you sponsoring me sir. Make I just feel you small.

BullBearMkt:
...the actual support for Honyflour is at 1.31. I did not suggest any entry price in my post, but just trying to create awareness of potential uptrend in the stocks mentioned. Interested individual can buy at desired price after doing DD

Okay. Cool.

feelamong:
OANDO leading the Bullish charge this morning..

anyone eyeing FBN??

easy 30% to be made on this one in the next 5 days

LOL. I go like come join you for this your sea view mansion o. Make I dey see wetin you dey see too

BullBearMkt:
Floury Profits for your Portfolio in 2017!
One of the best performer in yesterday's trading is the Consumer Goods sector. The sector added a whopping 1.27% price gain to even beat the closest, banking sector which gained 0.88%. However presently, Consumer Goods is under-performing the NSE All share index. Additionally, within this sector is the Food Products industry group.

Focusing on the Flour companies, Dangote Flour has since over-performed the sector since April, and now the weekly outlook is bearish while the daily is still in search of the support level. The current support level is located at 3.97 (chart 1).

In yesterday's trading, both Honeywell Flour and Flour mills Nig out-performed the group. Both weekly and daily are bullish. Charts 2 & 3.

If the market continue to be bullish, the flour making companies are poised to out-perform Consumer Goods market.


Disclamer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.

I think Honyflour has a resistance at N1.27 or has it transformed to a support?

BMZK:
I noticed some people tried hard to force FBNH close low at N3.84 so that they can enjoy mopping tomorrow. Unfortunately one sharp guy beats their game at the last dying minute (14:28:56).

lancee:
U got it brv

E remain small, the guy never sharp reach o
He should have bought the minimum units of #50,000 required to cause a change in price. 14:28:20 trade of 147,948 unit at 3.84 closes the day.

Morgan already updated accounts barely 15mins after market close. Impressive!!!! Please keep it up.

NSE Index watch

Dangcem, Zenith and GTB still have strong bids. This bull ain't done yet? Index continues to climb. TA, what do we do?

Tritri:
Na wa ooh..83% ...GOD help me ooh..

Your posts are always a comic relief.

pasuma:
pls ogas in the house lets not go down to that level. we are not children. i personally benefited from this forum since the very day i joined. why degenerate to this level

I thought this only happened when the bears are charging.

#FOCUS

lancee:
Why a week Bull on impt stocks ?
Is the Economy getting beta , or Are the foreign porf managers back[cos of the window forex ] or who dey buy all these stocks
Are they seeing what am not seeing

Pls any info ..Myjoy08, Tritri, coolcash , Angelo , Bullbear, intendy , Manonamission and others

You have said it all. Positive news filtering in. PMI report, Pension fund policy implementation on equity holding (about N600B here), new forex window (subtle devaluation for foreign investors to come in and exit via the window), World bank and IMF buy-in of EGRP (for example the world bank has pledged to support the power transformation agenda because they think it's a feasible and workable solution), recession forecast to end Q2 and bebelo (in fxuser's voice)

Disclaimer: Random thougths only. It could be the usual bull run in May before pig slaughtering begins. Be guided.

Who is buying Skye?? Money miss road or something is cooking?

SamuelSNR:
Learn to read first before adding a comment. It pays!

Has anybody here able to place a sell order on NAHCO at N2.90? Current price is N2.88.

Why does it seem everyone is angry on the thread these days? The bulls are back nah. A stock can't rise higher than 5% of its reference price. N2.75 is the ref price for today

afo7219:
I had wanted to ignore this comment but I found it necessary to put d record straight.if u take d pain to read from d genesis of this conversatn I was only trying to correct an impression of the person quoted I didnt make any loss nor do I rely on his falsehood forcast. This forum is meant to educate n inform,not a place where u jus drop predictions which r nt supported wit reason at least we wud have gain from DAT insight if he had cared enof to inform us. Thanks to those DAT comes up wit TA n FA on some stocks. I'm only conscious of d newbies who unknowingly rely on d info without doing their dd. I rest my case.

Okay bro. No issue.

BullBearMkt:
...I am willing to sell @ N2.00 only. Kindly let me know the number of units you are willing to buy. It comes with some lovely gifts

...and I thought you were a nice guy o

Intendy:
@ your preferred price I guess.

Definitely

pluto09:
We just have to look at where fidson is coming from.
How did they get to the point where turnover and profits were declining? Did investors overreacted and punish the stock with free fall of fidson price? Can we explain why profit went down? Can we identify a particular time when the company turned the corner?.
Can we make a projection into the future based on the available information at our disposal?
These are some of the questions that can guide us if adequately answered and of course those questions should have been answered before the crowd join the queue.

I prefer the M&B route actually but no willing seller.

Concerning the discuss on Fidson and its unimpressive audited result, I would like to add that results are not the only yardstick the market uses to evaluate a stock. Information and potential in the foreseeable future is equally important.
I actually procrastinated on a Fidson position when it was trading at about N1. I don't have any insider information but if the FGN has decided to conserve forex and instead opt for local patronage of Pharma companies in the fight against diseases outbreak, then we can expect an improvement in the fortunes of these companies (those with the capacity, qualification or required foreign partnership o). We experienced Lassa last year and now meningitis. Who are the key players in this fight against these outbreaks? Any leads?

The above could be mere ramblings that have no bearing to the happenings in the market.

afo7219:
I can see ur level of reasoning n understanding.Good for u two,birds of d same feather..............

Oga, please calm down. Anyone should be able to make a projection without being vilified. You should not invest your funds and emotions on a stock on any exchange in the world......that's suicidal.
FBNH constitutes an appreciable portion of my portfolio but comments about it going down to N0.50k can't upset me. It doesn't make any sense for me to lose my cool because of that. Na my papa get FBNH? Abi dem tie my destiny to FBNH? It's up to me to stay alert and know when to buy more or exit.
Live and let live, please

I don't seem to understand why many here don't understand that there will aways be conflict of opinions between the FA and TA enthusiasts. There is basically no reason to resort to tirade of any kind.
We have well-known supposed pessimists and optimists on this thread. They are all important in the NSEMPA ecosystem.

Bullbearmkt has been contributing in no small way. Teaching TA and giving out picks. His kind can trade Skye, Daar, Japaul etc (may a little exaggeration there) if the charts show positive signs and still make cool money.

SBG04 on the other hand will not look in that direction regardless of volume, triple hammer, red candle etc lol. His kind will consider it crazy and a dangerous play, hence his warnings on diamond, FCMB etc

Is it too difficult for people to understand this and strike a balance between both worlds?

For me, you are both appreciated and needed in this forum without the attacks.

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.

It's okay. Breathe. Relax.

locodemy:
Tritri.If you see fcmb buy @1.03 tomorrow......know i am no longer the loco you know here.

Please which Loco are you?

chillykelly86:
Call it Monkey-Hunting, but I'll still say FBNH, Diamond Bank or both.

It sure has to be monkey-hunting.

Please buy at your own risk.

Corporate governance at FBNH is still nothing to write home about. I hold positions here though.

PharmAlfred:
Chief you have a point. But as we speak, people are buying Transcorp. Let's see how far the panic will last.

http://www.vanguardngr.com/2017/04/world-bank-applauds-fasholas-power-plan-offers-financial-support/

I do not have a unit of Transcorp. Just taking notes of every and all news items. They might form the basis of my investment decisions in the future.

On Transcorp, SHAREHOLDERS should be wary of profits attributed to "Non-Controlling Interests" which constitutes a large proportion of earned income.

I welcome the idea of identifying stocks that are likely to beat the charts and provide superior returns over the current financial year. I tip large companies making significant recovery from previous loss or below par positions. Unfortunately, the Q1 result will be a pointer and is unknown to the majority of market participants until it is released.

STanbic Q1 is mind blowing

The cement companies are reporting improved margins, Wapco and Ashaka. CCNN/Sokoto cement (poor liquidity though) is one to watch.

Flourmill has great potential, if and when its fortunes improve. Food business is serious business. Market share is commendable.

What does 2017 hold for real estate investment? UACPROP is one to watch here.


These are not BUY recommendations just musings

locodemy:
The current price is another entry price against q1 result coming up on friday this week.
pls leave the stock for us.Na we know how to handle am well.I have been on profit @ fcmb, selling and repurchasing adding more units from time to time .

If this is not deceit, I don't know what is.