₦airaland Forum

ufotty2001:
firstbank may have a resistant @ 4

I am speculating FBNH will break N4 comfortably tomorrow.

If you can be patient, FBNH is a BUY. Do not act based on this recommendation.

yrmybank:
Which yeye speculation? And who's talking about you telling anything? Did he ask you? You response was inappropriate, period!

Make una no fight. All of us na speculators. There's no place for sentiments in the market. Eat or be eaten.

Speaking of FBNH........I am heavy in FBNH as well. I wouldn't be bothered if it fell as he speculated . I have a target and I am prepared to wait it out.

bolabiyi:
yes I am new..u wey b old..congrats, go gtb go collect money, tell dem say u b old member for nairaland

You remind me of "bigass".

ufotty2001:
someone is secretly loading transcorp.. i dont know why

ufotty2001:
transcorp deceiving people since 1900.... the same people that is selling off their shares are the same people that place heavy amount on the bid side to make the shares look very attractive.. so that they can sell off their shares

Which one should we go with?

spicytayomic:
One like from me

Reciprocated

yrmybank:
my Oga, you did justice to my question. Exactly the sort of analysis I was hoping to hear. Thanks boss.

Lol..... errm, but market has a mind of its own sha.

yrmybank:
My ogas, please I need your opinion on which these three stocks to buy on Monday. i'm thinking short - medium term.

1. UCAP
2. FBNH
3. OANDO

Ogas angelo82, Godisfaithful, intendy, manonamission, feelamong and others pls contribute.

Oga yrmybank, the MPC meeting holds on Monday and Tuesday. The outcome of that meeting will have an effect on the market especially the banks. It will be wise not to jump in on Monday.

Oando's record breaking loss is expected on or before 31st May (about a week from Monday). The company has warned us severally about this huge loss. No one knows if the warning and the subsequent market reaction have been exaggerated or not. Better to wait till the release date (it is at hand) and determine if it was exaggerated or not. Some might gamble by taking position ahead of the release of the result but I won't advise that. Those that bought well below current price have a good buffer. OPEC meeting is 2nd June but I don't expect any significant positive effect on the market (Iran has got serious beef for Saudi Arabia).

I prefer Afriprud to UCAP at current prices. Market expectation of an interim dividend should drive this stock next month.

With this few lines of mine, I hope I have succeeded in confusing you.

Intendy:
Facts Behind the Restructuring of FTN Cocoa Processors Plc.
Top Management of FTN Cocoa Processors Plc will address Capital Market Stakeholders with a Facts Behind the Restructuring Presentation at the Nigerian Stock Exchange on Tuesday 24th May, 2016

It is a lie. Ope o. I can finally bail out after 2yrs. I guess it has to do with the Transmar group deal. Long overdue. N0.75k here we come (just kidding).

chuksmad:
@ufotty2001, how can somebody connect to this trading daily and also have the option to buy or to sell. from discussion on this forum, i discovered it is possible to buy and sell directly to the market.
My stockbroker i gave money for more than two weeks now to buy fcmb for me has not bought it up till now. I dont know whether he is trading with my money.
I will appreciate if you can tell me the procedures to buy and sell stock by yourself without depending on your stock broker

NEVER give a mandate without a price limit, especially a BUY. My mandates always come with price tags. Besides, gone are the days when we just deposit our hard-earned money for a broker to buy stocks for us. You must be market aware. Your broker might just be waiting for the stock to reach his own exit price and sell to you. You don buy monkey be that. You have a broker recommendation already. Good luck.

It's either the subsidy arrears payment that was just made or a huge recovery was recorded. There's no other way a petroleum marketer owing the bank will benefit from this payment other than in the liquidation (full or partial) of the debt owed.
It could also be that a good news is cooking.

FCMB has got me thinking. What kind of bid is this at N1.42? To think I missed this bus because I was hoping it would drop to my junction sef. I'll just have to forgive myself.

feelamong:
No too vex....just relax!

The Men in Black have heard your cries!

just watch FBN catch up with UBA going forward!

*ThE mOnKeY*

Please tell them to look SKye's way too. FCMB far ahead now. Biko

FCMB is crazy

Thank God for your life, Chibuking.

Meanwhile, is this how FBNH will be looking at UBA appreciating?

UBA on a one-man army show. Oando doing some crazy swings.

Coolcash1:
Intel has it that coy made loss in 2015 FYE....

I strongly advise you still do your DD...

I am in this bus o. Hmm.....what to do?

akinola98:
ALL THE GURUS IN THE HOUSE, PLS HELP!!!

I have over 1 million units of UCAP shares before company closure date but to my surprise I got an alert of 81k instead of over 300k I was expecting since they declared dividend of 35kobo per share. I know taxes will be deducted but I do not understand reason for this low dividend, pls can anyone tell me what u think could be wrong or am I wrong in my calculations?? is not interim dividend now?? AP registrars are not responding to me too . Thanks as u share your thoughts

You bought a tranche, subscribed to e-dividend and then bought more in tranches. You didn't write the registrar to apply the e-dividend mandate to units purchased afterwards. Sadly, you are expected to do that. Once additional units are purchased, you are expected to notify the registrar to apply the existing mandate.

feelamong:
More Bulls in the offing?

Seems so. FCMB, Transcorp, Oando, Eterna etc all looking good. Bulls got no chill yet. Watch your portfolio though.

Pre-Market looks good.

ORAGBON:
It seems the bull came by surprise as no stock gained above 5% today

Should I be bothered by this post? How did you arrive at this conclusion? Subtract the previous closing price from today's closing price. Divide the result by the previous closing price. Express it in percentage (i.e x100)

Now try this with FCMB, FBNH and several others. (5marks)

ukay2:
I Don load tasere units already.

I learnt today that their AGM was shifted to June....as I no see my dividend alert yesterday, I called cardinal stone registrar today.

Qualification: 15th June, 2016
Closure: 16th -22nd June, 2016
AGM: 27th June, 2016

You guys should always make use of the NSE website for simple info on dividends, results etc

http://www.nse.com.ng/Issuers-section/corporate-disclosures/corporate-actions/closure-of-register

bigjay01:
why do you like bandying numbers about?

I guess he is doing it innocently without any ulterior motive.

@NuttyChoky
I really can't figure out the difference between disclosing percentage gains or losses and actual portfolio holdings/gains. But I think sticking to percentage holdings,gains,losses disclosures ensures some sanity on a thread like this. It doesn't give room for profiling and makes everyone feel more comfortable. You never can tell the effect on a starter with a portfolio value of like 50k or a money bag with value of like 200m. While the starter is in awe, the money bag is disgusted (if he thinks your purpose is show off).

lancee:
FBNH don suffter , pple don buy buy buy , it neva finish , hope they won't be tired of buying later

This got me laughing real hard. Dem buy buy buy no be small as people dey wey dey sell sell sell. Investors spent a lot of money on GTB, Zen and FBN today.

IHelp:
When they become greedy, I become fearful!

You are the CEO of your portfolio but don't sell in a hurry. The market is repricing. I would watch the Oil stocks. At the point where optimism start to diminish, I will become fearful. They got the banks into this mess. Oando can't be bullish and the banks that lent money to it be bearish. If business is good for the likes of Oando, recovery is sure for the likes of FCMB. If devaluation is announced, expect increased optimism in the market. The dollar people will want to enter the market. Also keep your radio close by. Anything can happen.

valacious:
64MILLION bids for UBA, and no offer...@3.63...

The same UBA that was available for N3.40 since o. They are back. Make them just bring better money sha.

cadno:
What am I seeing, ...market is on some higher drugs now..

May God not allow us pull out/give up when our breakthrough is at hand. I have heard of people giving up due to lack of patience and perseverance only for what they have been seeking for to appear at the next minute. Grateful much o.

On a serious note, is this not the best time for the board to release Skye's result? Same with Stanbic. Ride the bull and even if the result is bad, the stock might not be punished.

I expect all portfolios to be buoyant. Congratulations everyone. From Diamond, FCMB, Transcorp, TIGER , livestock, Eterna, even the "bad" Oando. Don't go to sleep though.

Agbalowomeri:
I am still wondering how the result shows profit of 5B while they sneaked behind to put retained earnings at -117B compared to -56B last year!

#IWillRunAway..............

There was a transfer made from the retained earnings to the non-distributable reserve as a regulatory requirement. It had to do with the difference in estimates of impairment charge for credit losses IFRS vs Prudential guidelines (CBN). It could trim if loan recovery efforts are successful.

Anyway, all that na grammar. I no dey look Unity side until 2025

zendi:
moneysage
pythondjango
ihedioranma (Jah Bless)

Can't remember the rest.

Haba! Those were Nsempa members not monkey hunters.

Pharmaceuticals doing well except Evansmed. Ikejahotel might pull a TigerHEAD.

ufotty2001:
do you know the director general of NSE... why not call him on phone...that is what i saw too on FO..

LOL...... what manner of man are you?