₦airaland Forum

mendes911:
Make una leave transcorp for me oooo.
I expect Tony to soon release an update that will excite and push the stock back to N1 and above. Let him wait small so that I can board at 75k.

Oga Mendes I don get small qty for 85k now.
You cannot come and go and be chopping this 10-30% all alone.

mendes911:
That na joke naaaa. You should catch the drift.

Lol. Okay sir.

FCMB reacting to the good result..............
UACN.............no more dumping..................bids increasing...........



Updating...............

ositadima1:
Ok thanks, pls another thing what is JiJo?

Jump In Jump Out
Nsempa's word for making quick gains, especially during panic-selling or bull period.
The gain could range btw 10% to 30%, or 40% as the case may be.
People sometimes sell in panic for different reasons, ranging from poor results, economy news, etc, but you may know that there's nothing wrong with the fundamental of the stock; you watch the dumping, jump in at the bottom price then sell at short gain.
This could even be within a day. You buy and sell back with some profits.
Also this can be sweet during bull season. That's what I know.

Bargain hunters should start sharpening their cutlasses for Transcorp .................anywhere below 86k.

ositadima1:
Ok, FBNH total equity as at December 2018 is about 530 billions, while market cap as at yesterday is about 249 billions. Does it mean that FBNH stocks are very very underpriced at this moment and as a result make for a good entry? Or am I missing something here?

Oga please contact Pa Emmanuelewumi or any of my bosses for answer. Im not well versed in these areas.

mendes911:
Bottom line, none of us here and Nigeria as a whole is in control of our stock market. We are at the mercy of these foreign big shots.
I got very bad signals after JB released their results and an entity kept selling, sold over 11m units. Similar thing happened last year and also in 1973. I quickly closed shop. .

Boss you're right sir.
@the bolded, are you trying to say your birthday was 30th January -Xtyday? Or you've been in the market since 1973?
Cos you mentioned it twice yesterday.
If its the first, happy birthday sir.
If its the second, then I kneel down I dey greet oooo.

locodemy:
Some people will not sleep this night.
Some are praying for 10 a.m tomorrow to come now.
People with cash are just sharpening their knives for a great cut.

Well done sir.
Keep creating panic so you can buy cheaply.

locodemy:
Is fidelity out?

Not yet.

thebargainhunte:
One needs not to fear if you are with dividend paying stocks. Most people here have perfected d art of jijo. Dem wan create panic sell, make dem buy double bottom.I no go sell give una, go and find next person.

Yes. That's what my ogas used to empasize too..........dividend paying stocks. If it fall it will rise again.
Once they start announcing dividends, there'll likely be stability at least.
Na jijo dey some people's mind. Oga Mendes I no mention name ooo.

FCMB
http://www.nse.com.ng/Financial_NewsDocs/28848_FIRST_CITY_MONUMENT_BANK_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

FCMB tried small

Transcorp. Na wa o. Govt is not helping their ministry at all.

.........but my ogas, you're not even dissecting these results for us like you used to do.
Detail analysis will be appreciated. If analyzed, it may eventually not be that bad as we think, I mean for all the results..........my opinion.

DeRuggedProf:
Do you have reading glasses? Get popcorn ready....

LMAO
Prof, no come and woundjure me here o.

mendes911:
Some people planned to ejaculate before release of result in 2 months time only for results to start dropping fast this month. This business eehhhh.
Even Mcy56 failed to provide live commentary today. It is well.

Chai! I wasnt expecting them all to be rushing to release result by January ending like this.

Live commentary? Boss, so I should come and go and be giving live commentary of Red floor bah.

thebargainhunte:
Brent @57.64

My ogas were just making the situation looks like the wall of Customs street wants to fall down.
Las las na all of us go dey alright.

These coys surprised us with early results this year.
Thought the unaudited is withing 60 days, which should be around Feb ending and Audited around March ending?
The bad ones are just using reggae to spoil our blues.

Marlianvestor:
Na I chop, U chop nauw for these entities! Doable with secured assets like Zenith and GTB....

The money no dey finish. I tire ooo.

Alhaji people playing with numbers already in Dangcem.

Mpeace:
They are here oh. The thing is now on full offer

The offer is not much sha.
Maybe deep pockets are not interested in selling.

Mpeace:
You cannot get UACN at 9 today. The bids are gradually increasing.

Panic sellers will still come. The news never circulate round.
They'll come back and buy higher.

lmm4real:
Nem almost on full bid, is any thing cooking there .

Improved unadited result nah. They'll declare dividend in the audited one.
Not a recommendation to buy oooo. Do your DD.

DOLLARTEX:
chai,remain small we for make you our class monitor ooo

Lol. I no want o.

DeRuggedProf:
Easy...
Peterichy leaving quietly without alerting Mendes911.... .

Lol

bigjay01:
dividends paid form YE 2018 will be reflected in 2019 YE result. Any dividend paid for YE 2019 will be reflected in 2020 YE result. na so dem de do am na. Abi u no de read notes accompanying results?

Lol. Thanks. I no dey read note o. Na profit or loss I dey look.
You know I once did training on these things before but I don take am chop.

DOLLARTEX:
the uacn cowboys will clear this one for sure,just 12million units.

Truth is, coyboys might look at the result differently.
Same scenario played out when they released their Q3.
People panicked but later realized there wasnt any need for that. The price started climbing again.

Chai!! Different opinions here. Na wa oo.
This is mine:
* If you're not in urgent need of the fund and you bought higher, just exercise patience. You need a good dose of it.
* If you're in already and you have additional fund, wait for it to bottom out, then try to average down cos as it is you may not even be able to sell now..............Prof, I know you cautioned against average down sometimes ago, but I just think it may not apply to all scenario.
* If you cant withstand the heat and you entered at cheaper price, sell and book your profit first, then wait for bottom to buy it back.

Caveat: This is purely my opinion.

RabbiDoracle:
Do unto others as you would have it done into you.
Imagine the newbies were your brothers/sisters. Will you let them feel the pains of losing their capital? I have felt it before. But I withstood it because I had other sources. Some don't have. So all you can do is just to give early warning.

Thanks for this. God bless you real good sir.
Much respect!

bigjay01:
all these results are un-audited. They are indicative for now.
Dividends can only be announced on audited result!

Yes. I saw something like provision for dividend, that's why I mentioned it and want someone else to check, to be sure my eyes arent seeing double.

mendes911:
Transcorp should do and release their own atomic bomb. Some of us are waiting jejely at 75k.

Chai!!!

UACN: Do you know they're paying dividend in all these. Pls someone should confirm this as well.
It can only mean one thing: the coy is getting better.
Let the moneybags crash the price first so some of us can enter cheaply.................. this is my opinion anyway.

emmanuelewumi:
What is bad is bad, going forward let us see what the Financial Engineers running the company will design. I think the core investors have cleared a major mess, going forward things should look up for UACN and her subsidiaries

Will keep eye on this space.
Think the loss is expected ................from Q1 things should look up like you said sir.
Before then, na to dey watch out for bottom here.

Plus10:
Good day madam,is mtn stock liquid as other stocks such zenith and gtb?

It's somehow liquid. Just try and enter at the right (*cheap) price.