₦airaland Forum

locodemy:
I still believe fcmb will run ahead of diamond if its true AMCOM acquired bad debts of some banks.
I need to have either fcmb or diamond bank(s) in my portfolio.

OR I GO FOR YOUR WORST ENEMY SKYE BANK.
This Amcom news must have favoured them.

Bros you too like FCMB. Diamond has more bad loans than FCMB so if there is any AMCOM deal it would favour Diamond more. The bank has equally devested from foreign assets thereby raising more cash to its profit, as compared to FCMB which did the opposite by spending on the acquisition of legacy pension fund thus reducing its balance sheet.

RabbiDoracle:
When results come out, people may be rushing for the exit.

Don't be too sure. FCMB q4 2017 might not be as good as last year but their q1 2018 mighy br very good since it will also have the result of their recent acquisition(legacy pensions). Both results will come at the same time.

First day of trading and Diamond is on full bid operation N4

Vetiva capital have tried for FCMB. it has really gone up since they released their 2018 recommendations.

RabbiDoracle:
Also try subscribing to CSCS. Where Morgan buys, it will reflect in your CSCS after a day or so. Don't always ask the registrars for update on your stock. CSCS is the depository of all shares bought on the exchange. Registrar can be late in updating.

Thanks alot. I will do just that

So I called on my registrars to find out the outcome of the e-dividend mandate I submitted, only to be informed that the number of shares listed under my name is just a half of what I have on my morgan capital platform. In otherwords, the additional shares I bought in November and December 2017 are not registered under my name with the registrar. The registrars have no explanation for that. Is this a normal occurrence or do I need to inquire/ petition?

mendes911:
Some people bought Oando at N15 and they were happy when it moved above N20! Some of them are still trying to sell today for below N6 and they are unable to.

That you bought and price moved does not mean you made a good decision.

And if most people here will kill your morale, why are you still here?

If anyone is willing to sell oando @4(cross deal) I am willing to buy but just 250k units.

emmanuelewumi:
All things being equal the right will be listed on 24th January 2018.

I just dey follow u on this one.

With oil prices at 70$, maybe its tym to think oando.

dipoolowoo:
IST, SEC Partner to Punish Fraudulent Capital Market Operators
https://www.businesspost.ng/2017/12/26/ist-sec-partner-punish-fraudulent-capital-market-operators/

Is this why oando does not want to want to take its case to ist(investment securities tribunal) despite the court's refusal to entertain their complaint?

sky2891:
They have a history of controlling the shareholding structure in every company they have a stake in. Nigeria obviously will not be an exemption.
https://en.m.wikipedia.org/wiki/Lafarge_(company)

Whats ur projection for this co.

Cadillac15:
Not yet. His WAPCO holdings are still intact.

One must start taking this wapco seriously oh. I remember hearing pa Emma speak positively about this company's prospects after rights. Don't want to be left out oh. I go just pick small unit so that when them start talk like DF pple I go follow them stand up. But if it goes the other way...

stockish:
I need the house contribution pls. Can we all know and share the first 5 stars this year. I mean the best 5 companies, I don't mean in terms of price appreciation, I mean in PAT and their % of appreciation, I know that dangflour, fidelity are amongst them, Can we share the remaining ... In term of PAT pls. Cheers!

In terms of PAT oando happens tobe one of the best this year, whether we like it or not, the list also includes CILeasing, Caverton, Transcorp, etc all did well in terms of PAT but... It is clear that PAT is not the main thing, if not fbnh would not have witnessed the kind of price appreciation that followed it since march 2017 despite the bad mouth from meristem and others that have continued to shout sell, sell sell...

DeRuggedProf:
1. Fidelity is a good buy.
2. Diamond : NO COMMENT....

My brother no comment on Diamond oh. No body knows if they have completed their planned devestment. That is where the promise lies, they only said they have gotten regulatory approval.

Guaranty at 39.99/40. Hmmm when others dey go up.

fxuser:
further drop in rates , more liquidity headaches for money managers . Emefiele pulled a serz u-turn on monetary easing policy

I heard there would be no primary market auction till january. Secondary market rate was 8% yesterday. Hmmm

Tbills matures today. How will the market react.

Zhirinovsky:
Pa Ihedi, I will like to meet you o!!! invite me for a drink sir, let me know if you can help me recover the money I lost on oando .

The very day you meet him, you will regret using the word 'pa' before his name. But not to worry, he will never allow you meet him.

Jejebaba:
Never knew Tbills can mature on Tuesday, i thought maturity is on Thurs, Dec 14. Stand to be corrected please.

lol you caught him there. You are correct. Me sef want to know. 14december is the maturity date for this week, even if its secondary market, as long as its Nigerian tbills.

Dangflour on bid

ihedioramma:
why alway's me ? comparing my stock (FMN) with DF ? . That is how locodemy compar FBNH with FCMB WHY ME O NO SEE ME .

Bros, its now official, u are comedy itself.(you no get any share)

Investnow2017:
Then what happens to retail shareholders' fund?

We pray they don't delist, if not the same thing that happened to shareholder's fund of other delisted stocks will happen. They will have to continue their struggle outside the exchange. In advanced countries, stock exchanges do not tolerate such degree of infractions.

As it stands today, I doubt if oando can validly be referred to as a stock on NSE. From the little I read on the SEC report, the possible punishment for each of their violations is delistment.

leo1234:
Have sold all my stock and moved part of my loot to crypto.
One week ago 1btc was about 2,789,000. This morning it is over 3,200,000.
Crypto is the game changer.

Hope you re-entered the market before the madness.?

DeRuggedProf:
Over to BullBearMkt and Fxuser:

https://trwstockbrokers./2017/12/05/diamond-bank-our-target-price/

Thats their target price, good for them. My own target price is N3.5.

Zhirinovsky:
This kind of Bull mehn! seems Buhari have decided not to recontest in 2019

My brother, this is Atiku bull.

locodemy:
Eterna get a court case on the 26 of feb 2018.
Cant you see you will carry your loot and catch this one for gborokos if you want?

that is why I saif next year. By then all the diamond news must have been prices in.

DeRuggedProf:
In a bull market, I love staying at the lower branches......
I mean know your stock's support level......

NB: No matter the smoothness of your flight, never forget your parachute......

My Diamond parachute dey destination. I go carry'm when I reach. I go need de parachute when I enter eterna next year.

Pple keep talking of Argentina, forgeting that Croatia is also star studed. Their midfield of Rikitic, and real madrids kovacic, modric, inter milans pericic etc must be feared. Not forgetting Manzukic

Another round of Fx gains for Nigerian banks loading. Time to mop. https://www.nairaland.com/4214894/cbn-weakens-naira-307-dollar

No regrets selling my Eterna for Diamond. I will surely get back Eterna at a lower price. Diamond is a stock on the move. #teamhopeville