Michael11stock's Posts
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Yem0350: Savings acct is allowed.morgan capital CEO welcome back ![]() |
bigass: I over heard my pastor talking about getting a good stockbroker. That his current broker buys high sell low. Na so so loss e dey make. if you no do your home work well na so so so loss u go dey make, if you like dey sleep the same room with general overseer hmmm ![]() |
jamace: Impossicant! Not in the stockmarket. In fact, not in this world. For every fruit, a seed must have died!!Oga Jamace the money you invested is it not a seed? when the share of transcorp you bought at 5.79 eventually goes down to 3.65 is it not a dead seed then when it now rose up to 7 naira is it not fruitful so do your due diligence oga Jamace ![]() |
FRIENDS DON'T WORRY WE SHALL ALL BE FRUITFUL IN ALL WE DO IN JESUS NAME
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Chibuking81: may be you want to dump your own, as for me, I off loaded mine since last week.i dey wait for you my oga, make u come on board ![]() |
uboma: Don't tell me that you've finally joined *hopevile*. Lol na you i find go there ooooo now see me see e-spirit ![]() |
i see transcorp gaining soon people watch out, something is cooking |
bigx: E b like nairaland get virus again ![]() |
Analysts Forecast Single Digit Growth for Banks As investors and stakeholders in the Nigerian capital market await second quarter results of banks, some analysts in the financial sector have predicted a single digit growth for some banks. In a preview of Q2 2014 results, analysts at FBN Capital said they expect some banks to show significant quarter on quarte(q/q) growth in earnings. They particularly cited Skye Bank Plc and Fidelity Bank Plc, stressing, however, that these growth rates are to be affected by weak first quarter (Q1) results. “Q1 2014 results showed that our universe of Nigerian banks reported an average Return on average equity (ROAE) of 17.7 per cent compared with full year 2013 ROAE of 18.5 per cent. We expect the banks to report a similar ROAE for full year 2014 as they did in 2013. As such, we believe Q2 will see slight improvements over Q1. “Notwithstanding, we expect the market’s reaction to be muted to slightly positive, given that our full year expectation for ROAE is flattish year on year(y/y).” According to them, besides revenue growth, they believe an easing of operating expenditure(Opex) in Q2 for certain banks (United Bank for Africa for instance), will also help Q2 earnings growth. “Q1 opex can be unusually high as we saw this year (over and above year-end effects such as AMCON levy, NDIC premium) because of over-accruing. With regards to their full year guidance, we expect the banks to reaffirm what they guided to after their Q4 2013 or Q1 2014 results. Loan growth is likely to be in the range of 15-20 per cent for most of our banks. Even as concerns of a slowdown in H2 for loan growth increase, we believe lending opportunities are generally greater than they have been in the past such that banks will be able to meet their guidance, “they stated. The analysts pointed out that so far, it appears that the recent change of guard at the central bank is unlikely to lead to a worsening regulatory environment. They, however, stated that the changes put into motion by the previous governor are still being felt by the banks. “As such, offsetting this positive outlook for risk asset growth is the continuing impact of these regulatory headwinds which will most likely be visible till at least 2016. Our preference going into the Q2 reporting season are those banks which have visible earnings momentum such as Access (rated outperform) and Stanbic IBTC Plc(rated neutral); and UBA Plc (rated outperform) on valuation grounds and the potential for putting its excess liquidity to work. “Although we also like Diamond Bank Plc (rated outperform) and expect its Q2 results to be healthy, we would advise investors to wait until the rights issue is concluded towards the end of Q3 start of Q4 before entering the name,” they added. Results: Analysts Forecast Single Digit Growth for Banks http://www.thisdaylive.com/articles/q2-results-analysts-forecast-single-digit-growth-for-banks/184275/ |
presiade: All these your 'runs' are not funny when I have been seeing blood in my portfolio since three days running me too one of my portfolio dey red but wetin man go do, as they say, their is light at the end of the tunnel abi na at the tunnel of the end Wetin i know self ![]() |
Joysmart: well this ass is flat and bumpy unfortunatelyReally bumpy? i love them too heeeeeey i found my Juliet here ![]() |
passwelle: Hohoho me thinks @Joysmart has the hots for @UkwuAmu, but heh, what do I know?you know whether me be Amu kanda |
@ Joysmart let us do our own lovy lovy hope u got bigass like madam b |
currentprice: white teeth get close up. Mtcheew people just take style they smile while suffering. Na transcorp cos all these now hopeville Uboma |
Mercilicious how far hope u have converted ur eternal to long term, just be patient u will get ur profit back ok thanks |
feelamong: Bros.. Jeep na small dream naa.. but i don buy this one ooooooooooooo ok the next one na Jet Oando go do am |
Elai147: Bros which one be dat Jeep pic wey u attach to your post? Is it also part of your portfolio? dream big bro |
it seems oando has sealed the deal but dont want to announce it now, waiting for their families to mop up the shares hmmmmmmmmmm inner house info good ooooooo Due diligence please |
4dchairman: My brother you are the best manager of your portfolio ,40% of my holdings is in it ,the remaining 60% in Oando, I'm so convinced of my position for the long haul,Transcorp will strike crude oil next year and the power plant generation will increase ,can you wait?ok thanks for the Chairman God bless you am just too busy to check details that is why panic enter my body about Transcorp one love to the HOUSE
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mercylicious: Yes.ok thanks dear i got that, you know what i got your back also, just call on me whenever you clueless also cheeersssssssssssss muahhhhhhhhhh |
nitrogen:i don't know what to do about it for now please somebody should help, it happens at times. please should i buy now |
mercylicious: My dear, I started wit 5.60 this morning, 5.70, 5.75, many bids and few sellers. Thanks to morgan, I foor don sell for 5.60, wen I saw d bids, I said no. My paper profit must nooot go like dt.My Mercy on a serious note do you think i should buy Transcorp now pls be plain to me thanks |
Agbalowomeri: Both bull and bear seasons have 5 waves. For bull, wave 1 starts with an uptrend; wave 2 a small pull back which doesn't get to the former base where wave 1 started; wave 3 a continuation of the uptrend (usually the longest); wave 4 another small pull back; wave 5 the last uptrend before the bear sets in.WOW YOU ARE THE BEST THANKS A BUNCH |
Moneysage: @Oga Elai: Here it is...marketwatch.ng noni. I may be wrong, but one can see a full E-wave on the right half of the chart (circa 20 March as base). Pls, correct me duely...I learn daily and humbly.pls someone should explain this wave 5 n wave 4 pls I don't know much about it |
MEANWHILE HOUSE OANDO IS GAINING THIS MORNING CHEERS TO THOSE STILL IN THE BUS HAPPY GREEN DAYS AHEAD ![]() |
dsonofmaan: "Shigidi" is the yoruba word for traditional "wooden graven image" SHIGIDI MEANS SHIGIDI SHIKENA ![]() |
myjoy08: My Good Family, I hope everyone is taking one step at a time as we start this new week. I pray may the good Lord be with you, your family, and guide every steps of our way which include our investment and trading decisions. As i stated last week that i will be given out some hints on insurance sector and we can all cherry picks it based on our individual due diligence (Trying to collate the information before i pass it out). Don't let Oando breaking news caught you unaware as it is around the corner (Already completed concerning what i was told presently). And Transcorp might submit there results on or before Wednesday. Watch out for one of the best week ever.Oando has sealed the deal whether evil spirit like it or not, I repeat oando has sealed the deal, Jack Bauer copy that ![]() |
OANDO HAS SEALED THE DEAL WATCH OUT, NO FIT SHOUT |
Dragonking: Please explain how you came about this conclusion.SOMEBODY WANT DUMP ![]() |
4dchairman: So what is new? Foreign Equity Portfolio Participation is 62.89% |
stockbull: you read between the lines....anyway,take it as fun oh....ignored |
Uboma i am sorry how far which area you base? i want spend my loot small on you my bro |




