Manonamission's Posts
Nairaland Forum › Manonamission's Profile › Manonamission's Posts
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PharmAlfred:Peterichy was spot on here. Transcorp is no Transcorpse after all. |
Manonamission:http://nairametrics.com/sale-of-dangote-noodles-will-history-repeat-itself/ I am not alone. Hmm! what a deal? |
Chibuking81:You mean after the management already stated their intention to recapitalize earnings? Dividend will most likely be paid from earnings of subsidiaries. Keep your expectations low wrt dividends. Recovery is the bigger picture. |
DeRuggedProf:Well we all know Dangote is a shrewd business man. However, I take it that you're assuming he sold at a profit. The financial terms have been kept under wraps for a reason. The only aspect of the deal that surprised me, is that, Dufil agreed to operate and produce from Dangote Noodles facilities for two years using the same "Dangote noodles" brand I won't be surprised if he sold at a loss but plans a reverse takeover after 2 years. He needs the "Indomie" secret badly. He obviously wants to sustain (more like improve) the brand name for a reason. The bolded just doesn't make sense to me. Anyway, just thinking aloud. Na from stock market I fit benefit from any fallout of this deal. |
OBAGADAFFI:I am more impressed with Dufil Prima Foods. They just proved they are the undisputed leader in the noodles market. They fought of competition from Dangote noodles, May&Baker's Mimie and the numerous noodles that hit the market. Wow! UAC Foods is waging the same war in the sausage segment of the food market. |
http://nse.com.ng/Financial_NewsDocs/PRESCO%20PLC%20DEC%202016.pdf EPS: N21.7 (derived) Div: N1.50 Revaluation of biological assets responsible for the jump in eps. Edited |
Houstency:You might need to confirm elsewhere and that's if I got your question correctly, there are indexes traded on the NSE. However, I am not sure it is in the manner you are familair with. What obtains here are funds or pool of funds that trade stocks listed in a market segment eg banking, consumer group, NSE 30 etc. These funds are listed and traded on the NSE. Examples are Stanbic IBTC ETF 30, Vetiva banking ETF, Vetiva Industrial ETF etc. |
Coolcash1:Continue..... When we don't have details about a matter, it is always better not to jump into conclusion. http://thenationonlineng.net/nipco-takes-exxonmobils-60-stake-mobil-oil-nigeria/ Summary: NIPCO wants to buy out minority shareholders at the same unit price(most likely), Exxon Mobil sold to them N417.12 Same applies to every other unknowns on the NSE. Those that know would be making the move while the know-nots will be watching the stock price and be like "what's going on in ****? ![]() Someone was comparing PZ and Unilever with UACN the other day. Both are tightly held by their parent companies unlike UACN hence the reason the share prices won't and can't respond the same way. UACN will crash faster (with negative news) and rise slower (with positive news). |
Mpeace:I honestly believe that audited reports shouldn't exceed a quarter after year end but it's just unfortunate the way things are done in this part of the world. That said, FBNH has a Mortgage banking and Insurance subsidiaries both requiring regulatory approval of results before they can be incorporated into the holding company results. FCMB holdco has neither of these. However, I'm aware one of the insurance subsidiaries have its results approved already. |
afo7219:I'm sorry but I gotta be blunt. You just downgraded the value of your life. You have no value for your own life. Really? On top FCMB? Edit: When did you start trading stocks? Did you just turn 18 and opened your first bank account? |
I can see bids from MC clients for Diamond. Biko, what's the plan? I think you should stay away from Diamond for now. Wait for audited and Q1 to know just how bad. Things are bad right now. |
holm:FCMB |
rebekah2011: Manonamission:FCMB actually declared a loss in Q3 (mar-jun) and Q4 (sept-Dec). I hope the hemorrhaging stops in Q1,2017 but I'm afraid there's a possibilty of a repeat. For me, I think the stock will fall tomorrow depending on the number of those of us that aren't considering the absolute FY eps alone. It's just an opinion, I could be wrong. The next quarterly result is due in about 2 weeks. The picture should be clearer then. I advise everyone to exercise caution. Edit: Q4 was not a loss. Apologies. |
@Duni04; it's well. May God protect and preserve our capital ![]() Meanwhile, when a bank starts sending promo emails and doing media jingles, asking customers to deposit money so as to qualify to win an amount, you go know say water don pass garri. |
locodemy:Waoh! You have got to refine your language. |
akinola98:You bought in tranches. Activated e-dividend along the way but didn't request the extension of this service to subsequent purchases. It is not automatic bro, especially if you bought through different brokers. Consolidate your holdings with the REGISTRARS. It's got nothing to do with UCAP. Edit: WHT is just 10% of gross |
Mpeace:Interim was N10 |
MYMINDER:The ways of a trader, especially a day-trader, are crazy to a value investor. Each should never make an attempt on deciphering the logic behind the other's way. We have been here before. Most times, the assault is even from traders on value investors. Understand your personality and lifestyle. Respect views from the 'other' camp. Lastly, everyone is advised to always include a caveat in their post/pick. NB: Never hesistate to share your opinion on picks or stock investment in general. |
rebekah2011:Rising impairment worrisome. But are you aware there were new developments in the 4th quarter? One of the major defaulters (Aiteo) had their loan restructured so it would no longer classified as nonperforming. What I am not sure of is if this was concluded before the close of the 4th quarter. You would recall the announcement of landmark production from the well Aiteo acquired from Shell divestment. I wish there was any new info on the Atlantic Energy loan. The FG was going to resell assets to another investor. Please note that I am going long on FBNH. |
Princkez: Manonamission: Princkez:Bia, take your time o. What do you see? |
Manonamission:FBNH subsidiaries appear to be doing well. I hope they keep them profitable. http://nairametrics.com/analysis-largest-mutual-fund-managers-by-asset-in-nigeria/ |
casiello:How is it not an achievement to be the ONLY PMI REP in Nigeria? It is a first so why can't it be celebrated? Prometric centres where one could take the CBT exam existed in the past (but not anymore). I will now take your advice and ignore the thread seeing you refuse to understand and accept that local PMI REPs are needed by not only aspiring PMPs but certified ones too. |
casiello:Bro, I have been a PMP since 2009. Open your mind to learn and you will learn what you know not. CU has always taught Project management as a course but was never a PMI REP. Those of us that read the news know the message being past across. I hope you are aware you have to renew your PMP every 3-year cycle? You will know what PDUs, CCRs etc are. Here's a link to help you. https://www.pmi.org/learning/training-development/reps |
casiello:Your posts might be misleading. I am not aware of any "PMI REP" in Nigeria. What we have are institutions that provide the requisite project management education hours needed to be a PMP. They are NOT PMI REPs. PMI REPs provide education that are recognized and approved by the PMI for maintaining your PMP certification. No Nigerian institution offers education either online or classroom taught that you can use for Professional Development Units. |
Princkez:It not enough to make claims like this without backing it up with reasons. If truly the bank surprises the market positively, I guess you'll be like " I said it". Give us whatever information you have or share your thoughts. Disclosure: In this bus but would gladly welcome contratarian views about its viability |
Coolcash1: tiar:http://nairametrics.com/dangote-cement-avoided-n64-4-billion-tax-charge-via-suspended-pioneer-scheme/ If these reports are anything to go by, the direction should be south. |
soloniger:Market reaction to this kind of news has been negative in recent times. Flourmills, UACN and subsidiaries, Access etc |
locodemy: locodemy:Seems like the outcome of your meeting was positive so going forward, we should expect more consistency from you. |
ExLaidback:https://www.proshareng.com/news/Oil-Sector/Next-Oil-Rally--Futures-Say-Market-Is-Ti/33894 |
rebekah2011:Stocks with disappointing results might not suffer much (at least in the short term). The market is in a wait-and-see state (my opinion). The winners this bearish period will be companies giving out bonus scripts as witnessed in NB ( optional bonus though). This way value is conserved compared to dividends that is difficult to repatriate. Any company that shows a sign of recovery, especially in the first quarter is going to outperform the market. Imagine FBNH reporting a recovery of bad loans to Aiteo and Atlantic Energy. Aiteo is doable judging from the production recovery witnessed since the beginning of the year. I dey inside this bus so my judgement fit dey clouded o |
kolaish:Wow! You shunned the offer of N375/$ offered by the CBN? When you're big, you're big. |
DeRuggedProf:Holdcos can actually pay from earnings of subsidiaries. The reason why FBNH and FCMB can choose to pay dividends regardless of this policy. This is not a buy recommendation for any of the two. |
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