₦airaland Forum

Willie2015:
I don run from Zenith... that stock fit give person HBP ....

Shebi I tell una say this stock go send pple go village. Zenith movement cannot be explained. It doesn't follow any fundamental or technical principle, neither does it follow any sentimental principle. It rather preys on your sentiments, and your application of fundamental and technical principles to eat you up.

Has Zenith started the journey to 10, or what? Just a question. But this stock no dey follow common sense at all.

fxuser:
Zenith
- breaking below N14 !

This stock will make pple poor this year.

Loco, I can see your handwork. FCMB now 1.23 and still going.

Just saw 52million+ units of oando traded @5.15. hmm

Coolcash1:
Total opened with N289. Someone offering to sell 95,755 units (the highest offer so far) at N274.55...Just to crash the price for some people to enter cheap. Just imagine!

There is God ooo

And up till now no body wants to enter. the stock is at its lowest possible price for the day, yet no bid. Bros checkie ya nah..

Coolcash1:
It is a pure case of MANIPULATION...Serious market manipulation going on...Period! Nothing else.

I cannot agree more.That of Zenith Bank, GTB and Access bank made it very clear to me. To hell with Fundamentals and all that ordinarily and naturally moves the market, NSE is a special case of Market Manipulators makers.

Although its too early to say how things may go for total, it appears some pple are already dumping, as the stock appears to hve lost 5% already this morning. Lets see how the day goes before making any conclusion. And the stock is on full offer. Na wa for NSE this year oh.

Godisfaithful:
I guess it is N7 (Naira) sir not N17.

Thknks for the correction. I took it from the table on page6 of the result. They wrote 17naira there, but indicated 7 on the write-up below it. That same page also says EPS N43.58

What an awesome result from total. 17naira dividend men. This stock should be trading above nestle.

DeRuggedProf:
WELCOME! I missed U.
You helped me to easily identify bad stocks....
You had a reverse golden PICK...

lol. so you say we should run whenever he says stand. you do not think he has been delivered? Well FBNH shall tell.

DeRuggedProf:
A THOUGHT: FOR THOSE WHO BOUGHT BEFORE CLOSURE AND STILL HOLDING....

ZENITH BANK: 13.76 (CLOSE TODAY) + 1.77 (DIVIDEND) = 15.53



NB:Thanks, @ MYMINDER for the observation.

I would rather buy FBNH and watch it add 50kobo than buy Zenith even if it will add 2naira.

this FCMB has become an excellent jijo stock. Falls to 1.16 every day and ends up closing at 1.19. ie 2.5% daily.

lancee:
http://punchng.com/oml-29-aiteos-production-hits-90000-barrels-daily

That is good news for FBNH. This is one of the major source of their non performing loan.

fxuser:
and yet can't LEG OVER ordinary N15
#smh , we wait below

After mark down should be a good time to buy, for those that think the capital raising would no over dilute the stock and its price.

So after I sold my zenith and lost over N30,000, the stock just started flying this morning. All this pple wey dey do me this thing abeg forgive. Bible say... abeg una forgive. make this type thing no happen for my other stocks.

fxuser:
closure is Monday ! at CP , adj price on Mon will be just under N13 !
- umm

If I will re enter zenith it would be after mark down and after capital has been raised, and that should be after q3 result. No bank is worth it at this time. GTB is certain to fall below 20 before payment date.

Just put in my offer for sale of zenith bank( loss cutting measures). Watching oando fly but not tempted.

FBNH ain't doing nothing special. they said it at their last conference call that their banking arm would retain all of their profit while any possibility of dividend would come from their other subsidiaries. The also projected 15k as likely dividend or slightly above that. So i don't kw where all this FBNH optimism is coming from.

ihedioramma:
FBNH is the way now dont ask me how or what ever do your home work .

FBNH dividend should be between 15 and 20 kobo. Don't kw why you keep shouting. The elephant is still fast asleep, to wake up in 2020.

Concerning Gtb, I said it this morning thaat money is about to be lost and that this is one stock that would fall on the release of its result. I saw this coming, the bank could never have justified its price.

Tym to sell zenith or incure heavy loss from mark down.

lancee:
Gtb just dey shine

Money is about to be lost. This is ine stock that will fall after result.

Guys pls hw is zenith doing?

With due respect to Loco and other FCMB faithfuls, I sincerely think there is something wrong with FCMB. If not tell me why a company that just released 9months audited result cannot come out with that of the remaining three months of the same year, months after. It is either they have something to hide or the result is just too bad to be seen and thus they want to release it with that of q1 2017 to save face.

feelamong:
Access dem try na...

No be 30Kobo dem been pay as Final div last year?

Ma broda this dividend return dey very very terrible. If I get this stock I go sell now now because it is heading to below 5.

PETERiCHY:
Whoever is having USD should secure it and sleep with both eyes closed.

I foresee a crazy FOREX demand like NEVER BEFORE.

*ThE OcToPuS*

Za frofet has sfoken.

emmanuelewumi:
Mutual funds are regulated by SEC , the fund managers are also expected to employ an independent Trustee eg First Trustees, Union Trustees etc.

This one is not mutual fund. It is an unofficial arrangement to help thise who do not have 50mil.

munezo:
Money Market Fund is good because it is for risk averse investors, yet I personally do not prefer it to investing in NTB or Bonds directly. This is because the fund owners will still have to make profit from you. Profit in form of unnecessary charges.

Retail investors still have a chance to play in the new Treasury Bills market. I spoke with a finance house and was told their new plan is to pool funds from retail investors at a minimum of N500k per investor, so that they can make up the new NTB minimum bid amount of N50m.

If this works fine, then that is a good alternative. The new FGN Savings Bond is another good alternative if it comes with a good coupon rate.

If they Pool funds like you said, it becomes risky since the reversion at the expiration of the investment goes to one person or account. If that person is the investment house and that investment house has gone under before the maturity date, your money will be used to pay creditors.

The naira seem to be finding its way back home after tge brief tour.

feelamong:
https://www.businessdayonline.com/helios-acquires-stake-oando-gas-power-115m/

OANDO again

Oando will soon sell everything to Wale and his nominees.

locodemy:
The game cant be done here but brokers are currently doing the work.We only come here to share our views.Watch out ........fcmb is not loosing today.

But I sincerely think most stocks including Zenithbank will experience a slowdown in selloff. This is because the float of the EURO bond which for the first time is to be done domestically, will be today. Foreign portfolio investors who have being selling off to freeup money for the auction should be done by now.