₦airaland Forum

I no be meme person but I for like post one meme for all de Babas wey sell FCMB yesterday.

fxuser:
''indecision is the thief of opportunity ''

#RandomThot #GoodMorning #TGIF

Lol. No be lie.

Yayira:
Really nice one.. but the way the market Dey vex so.. any buying would be for medium term..

medium term? Election is about 75days frm now.

Agbalowomeri:
Lol

This one wey you dey laf this night. Them don dey show?

Let me resist the temptation of posting oil prices today. I will start posting. from $75.

Godlylifeoneart:
To add salt to a bleeding injury, Buhari is requesting for the $7bilion bailout funds given by PDP in 2005/06



https://alternativeafrica.com/2018/11/29/nigeria-how-cbn-converted-7-billion-bank-bailout-todash/

This news has lingered for many years. Since 2013 it has been a yearly news. Market have learnt how to ignore it.

Agbalowomeri:
Are you a learner? She doesn't have a portfolio

He even claims to have lost in billions. Lol. Some pple no get respect. Calling billions anyhow.

stcool:
Take it easy please....Dont allow the pressure get to you! Speak to someone around you or consult an expert.

Suicide is not the solution

So u believe he lost billions. Lol

musty00:
On my sheet, FCMB is the cheapest bank now, based on this result.

You should use PE ratio to compare 2 stocks. FCMB PE = 2.30, FIDELITY PE = 3.03

You can use EPS to compare 2 stocks if only they both have the same share price, or if you're comparing the relative performance of a stock.

currentprice:
^
^^
forward PE at today close price

fcmb 3

fidelity 4

so how fidelity take cheap base on the EPS u post

U are correct. Maths no easy o. My classmate don change seat, who I for copy from.

But CP, on strength of this result alone, fidelity is still cheaper than fcmb. Eps for fidelity is .62 fcmb. 57. They are both cheaper than any other bank on NSE.
Congrats FCMB, nice result.

Agbalowomeri:
She belongs to my constituency
You go and face your constituency

She must be part of the reasons you woke up happy and smiling this morning ie apart from the alerts.
Teasha Teasha.

arduino:
How that wicked man push me enter Jaiz and AIICO is still a mystery

Make I talk like some pple: After all the warning about Aiico pump and dump?

mendes911:
I was wondering why he didn't report on oyel when he reported on DOW.

Ayam not a carrier of bad news. Moreso when oil went back to 60 I sid not also post. When oil goes back to 75 I will post it.

Agbalowomeri:

This teeth you are shining this morning!!! Lol
Last night must have been...

tritritri:
waiting consign bonanza gang with DOW ? when did DOW J bcam NSE? Aberg no compare buhari to trump ooh..

Dem dey use Dow threaten us. When dow fell by500points they came here to say world economy don finally crash. One even asked us to "brace for impact" what ever that means.

I know they will not post this. Bonanza gang, why?

PETERiCHY:
LOCO somewhere watching his portfolio

I think say he dey bonanza gang, which portfolio he come dey watch again.

In other news, Foreign Reserves moves up for the first time in a long time. Coming just after the first fall in inflation rates in a long time, I say we not going down just yet.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/24474_CONTINENTAL_REINSURANCE_PLC_CORPORATE_ACTIONS_NOVEMBER_2018.pdf
http://www.nse.com.ng/Financial_NewsDocs/24474_CONTINENTAL_REINSURANCE_PLC_CORPORATE_ACTIONS_NOVEMBER_2018.pdf

Pple wey enter this bus on time done hammer. Almost 40% from today's price chai see cool money.

fxuser:
https://www.bloomberg.com/news/articles/2018-11-23/nigeria-s-9mobile-starts-repaying-debt-after-teleology-takeover

This is very positive for banks involved. Npls will also go down in due time.

https://nairametrics.com/teleology-commences-payment-of-9mobiles-debt/
Etisalat loans begin to perform. Positive implication for banks involved.

mendes911:
That fear is for investors, not for a trader like me. In this kind of arrangement, UBCap will be more on the receiving end that UBA.

BTW, why will he be buying oil assets from shell when Transcorp is yet to do anything with the blocks they already have?

Transcorp says 2nd quarter 2019 they will start exploiting theirs.

mendes911:
UBA will.have to come down to say hello to Access. They are 5 & 6 and very royal to each other. Otherwise, Access will run go level up with UBA.

I fear UBA these days. Elumelu wants to buy some oil assets from shell, he says transcorp will manage it. He also says money will come from banks. UBA is my first suspect. Oil related loans with Trump in power remains huge risk.

mendes911:
Brent about to taste below $60.00

back to 62.

Beke2020:
Pls what about Fidelity? I bought at N1.97 do I sell and run?

I am very much in fidelity. I no dey run.
Disclaimer: This is not a stay or run recommendation.

Yayira:
Mpeace which broker are you using?

PIPC Securities and Morgan Capital.

dipoolowoo:
In fact, since July 2016 or so

Can you imagine?

dipoolowoo:
BREAKING: CBN Holds Rates at 14% After MPC Meeting
https://businesspost.ng/2018/11/22/breaking-cbn-holds-rates-at-14-after-mpc-meeting/

So whats the essence of their meeting if all they do is just to "leave everything as they were"

Since last two years(2017 & 2018), all they have been meeting for has been to "leave everything as they were"
Na wa for these pple.

GonFreecss1:
It's actually almost 4%. I was not sad because I used the money to test the waters, I was even surprised I didn't use more than that.

Warren Buffet has said it, that fees can be a gain killer. That's why since then, if I buy a stock, I buy it with no intention to sell, I always buy companies I would be happy to buy more if they drop in price. This is key, I have always been preaching about good companies and buying in small amounts instead of large buying due to emotions.

Like Fidelity. #runsaway

GonFreecss1:
Coming to the NSE I played around for a while and I budgeted 10K that I will lose, just to see how efficient the market is and test some other things. By the time I was done, I lost a total of 5.7K in small dips and commission fees. I am glad about that small school fees though, it made me test the waters well, though I made tiny gains, commission fees canceled it out.

Pple that go in and out at every shake will always lose to commissions. The worse part is that they don't realise it on time. 3% every now and then no be joke.

DeRuggedProf:
There seems to be smart money hovering above the market, but refusing to settle.
This may be a good time to observe from BBM'S workshop, but not to meddle with his tools....
I have been trying very hard each day to restrain myself from using the molten wax and wicks lying on the floor to try forming some candlesticks to continue the present pattern.

You avoid much trouble when your prediction about the market is wrong and you apologise to the market on time before the market sends you a query.

This guy. U no want pay school fees yet u want learn. Ok na, make we see wetin u go learn while sitting on the fence.