₦airaland Forum

WHY is no body wanting to sell FCMB below 1.28. Why, ehh loco and co.

rukygbas:
See why MMM will not crash...
http://www.dailyhitng.com/mmm-nigeria-confirms-lifting-limits-new-participants/

lol. This person must have been sleeping since last year.

DeRuggedProf:
This stock na conspiracy.....

I wonder why many people with their various problems will simply refuse to sell at N1.24 and N1.25 to tackle recession ravaging them...

I also wonder why some people that bought at N1 will not sell at 1.24 to allow other share in what ever might become of this stock.

Who be that person wey no want make we enter FCMB? Loco Loco Loco! hamany tyns I call you. Na only small I need. Abeg you with all ma pawa.

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/16409_ACCESS_BANK-DIVESTMENT_FROM_SIPML_CORPORATE_ACTIONS_FEBRUARY_2017.pdf

THis one will reflect in q1 2017 result to be eaten as part of half year dividend. By then it might have come down to my level.

I don't know why I don't like gtb at the moment. Its not just because I don't see the return from dividends as being up to 10% of its present price, I just see it as one of those stocks that will fall as soon as result is released.

Morgan capital pple just dey pull weight for ths FCMB oh. More than 2,000,000 of the bid for the stock are from morgan capital clients.

Now I see what all these fcmb faithfuls see. Their q3 prfit after tax was 14billion compared to 2billion of the same peiod last year. Their full result for the last year was even 4billion which is far less than they made in 9months of the pending result. It would take something special for them not to make more than double their 2015 profit. But my question is why are they not being recommended by many brokers?

Events in recent times has led me to the conclusion that investments in Nigerian stock exchange is not just a gamble, but an exclusive machine for insiders at the detriment of others.

Tritri:
Aberg any ideas when banks should be dropin there result

By the new NSE rules, it should be on or before the end of the month of February

DeRuggedProf:
I have observed over time that most stocks that surprise the market are never ADVERTISED by brokers.....

like Oando abi. Sure brokers don't advertise

My brother even legitimate businesses like poultry, stocks, private companies etc can ruin one easier than those things mentioned. One just have to be cautious and prayerful to succeed in lyf.

PH

agisky1975:
Of course, Otedola himself, opportunity to get more units at bargain price from fleeing investors, just wait till Q1,mind you brent crude is now 57.15

FO don't do Crude oil.

fxuser:
market maker mopping all d left overs
#fcmb

You sure? Abi na Loco dey mop the thing. I never see person wey like FCMB like Loco. I done dey suspect the guy, e be like say he be member of the otumba dynasty.

OBAGADAFFI:
Any news ?

Why the sudden change

The usual weekend oando thing. It is often pumped by weekends and dumped during the following week. But I think result dey smell.Banking results I mean. from tomorrow I go dey on watch.

Who is buying all that FO?

When seplat result comes out, thats when we'll see the mother of bears in the oil sector, ie if it comes out before Total or mobil.

Zhirinovsky:
Does it mean FO didn't get any share of the 15 billion FG shared amongst pet marketers?

Its N150billion and its not yet been paid. The govt just announced it.

I remember whe someone here said FO(forte Oil) would get to N100, na him I run go buy at N79. Two days later, the thing just fell to N69. Luckily for me it rose to N74, and I cut my loss. Na him I carry de money go put for FCMB hoping to recover the loss. Now even de FCMB dey give me fear as it has not stayed above my purchase price since then I am tired of 'cutting ma loss'

OBAGADAFFI:
Did you notice how Oando fell from N5+ to N4.66

I knew some one was just pumping oando since thursday last week and I knew I would still ente at 4.55. But now am confused, should I enter now or wait till 4.20. I am 100% sure oando will make a loss for year end 2016 but do not know how much loss.

slyopez:
I bought at 3.98 in 2013, I just need my capital not freeprofit.

this one na the majority prayer of mavrodians. 'IJUST NEED MA CAPITA CHOP THE INTEREST I NO SEND' na the same prayer I dey pray for FBNH. Entered at N6 trapped for up to two years now, all I need now is just ma capital, dats all.

fxuser:
Can anyone log on to Morgan ??

Its normal for them to start messing up when their services are needed the most. And no need calling them, except you want to hear "We are currently working on it be patient with us we will soon be back". That is why someone here suggested earlier that you should have an alternate broker.

So we've entered page 2019 already. I said it, buhari will rule you pple beyond 2019. Me I done join peterichy commot for this una corn-tree

Tritri:
I THINK SOME PEOPLE HAS SEEN RESULT FOR ZENITH.

Why not? It is clear the result is ready, it was prepared by somebody, audited by somebody, board members have seen it, pple at CBN have also seen it. My brother, it is when all of these pple, their friends and relations have taken position that the result will be released to us.

When mobil, total, seplat and other oil and gas companies wey get sense just dey go down, oando just de fly. hm this one fear me pass buhari regime o. Abi na only oando them dey pay the 150billion ne.

Abeg una, everybody just dey do board meeting to consider result and possible dividend, except FBNH. Which type thing come be this na? FBNH we no want hear postponement of result o...
In other news, I still dey wait oando for N4.50.

E be like say morgan capital site no dey work today.

leparj:
So as projected, everytin remains unchanged. wat was d need for d meetin then? D guys cud ve remaind @ home n let us know there's no change. Anyway, It is well.

Refreshment, sitting allowance, meeting of friends are some of the reasons. my broda, sometimes I just think Nigeria is a fraud.

Godisfaithful:
To NSEMPAs' family, Brace yourself up...Cash time! Get prepare. And don't forget to pray for our dear country, Nigeria! Please this is not an attempt for scary moment or situations...just a tip!

All the best!!!

I don't understand. Do you mean cash will flow or what. Be clearer.

Guys, hw do you see zenith bank? Someone told me its the surest bet for both capital appreciation and dividend payment. He said their dividend for the year could get to or even surpass N2. Do you agree. Me no want enter one chance of brokers who only want to pump and dump on innocent clients. Kindly advise.

locodemy:
My brothers/sisters,i want to share this info so everyone will learn.......At the end you will learn:

1.To buy stock when it is still available at the offer price
2.To trade on your own as to control your entry and exit price.

Sometime in october last year,i was moved to start buying fcmb when it was trading at #1.00,1.03 and #1.05.i bought up to 8 million units after selling all the shares in my portfolio and with the help of my junior ones who also invested with me.i also contacted my junior one in malaysia and convinced him to also buy.we got 15m units in all on my personal account.

Few days ago,i told my broker to sell 5m units of fcmb at 1.28 and use the proceeds to buy Eterna oil.They told me to leave eterna oil and buy sterling bank and after i can go for eterna.I never knew they 've already bought sterling bank at 0.67 kobo.An insider among them revealed it to me today and asked me not to expose him.I relied on them and took sterling bank as one of the stocks i now have.

I hadly go to their office due to no time as i am fully engaged in selling computers/accessories but i always connect to NSEMPA and other stock sites for daily update.Today i was in their office only to discover that they bought 1m units of sterling bank at 0.77kobo and tomorrow,they will bid the stock up as to dump it on me.

I remembered last week someone here said that my broker recommended the stock to dump it on me but i disagreed.Now i have told them not to buy the remainning units above 0.75 kobo,else they should pay me the balance in my account.
I am now plannning to open a special account with NSE and move all my stocks to the account so i can choose any broker to trade for me.

I always like to seek opinion of members here before taking a decision........i just feel to share what i discovered today so that everyone should be careful with brokers.

Hope they are not the ones tha recommended FCMB to you.