veecovee:
I've bought some already and would have bought more if..., if i perish, let me perish

you have left your faith for Mr Market to decide ... remember he can be very brutal

morning house , kindly advise on reasonably good brands of wires

@DeRuggedProf my condolences

valacious:
Not to digress, but I believe moving soldiers to the south east was a wrong move by the president. It sure will have a ripple effect on the markets; and I doubt if Mr President even knows the meaning of NSE.

Just watched "The danger of a single story" by chimamanda ngozi adichie on Youtube. I feel it applies here

Chibuking81:


In normal circumstances, did you know that as it stand now, that Diamond bank is undervalued in price when compare with Dangote flour, UBA and Access.

Diamond bank at current price of #1.15 x 5.6 = #6.44

While Dangote flour is #6.44 which is 5.6 unit of Diamond bank

By their q2 earning
Diamond bank earn 40 kobo per a share, when compare with Dangote flour, 40 kobo x 5.6 = #2.24

While Dangote flour earn #1.16 per a share.

(#1.16 x 2 of Dangote flour = 2.32, i.e Diamond need to be double)

I think to close the gap, Diamond bank suppose to be selling at #2.30 (i.e #1.15 of their current price times 2), and still on that, it still undervalue because, we believe that Dangote flour on their current price is undervalued.

Bros for your analysis better to use Diluted EPS which is 34 and not basic EPS... ur analysis may be somehow skewed though except if we close our eyes to other factors like the Dangote brand , the companies are in different sectors , Diamond's dividend payout is poor, growth rate etc.... I would def pick Dangote flour over Diamond

currentprice:
pple are still looking at okomu of 2012/2013 when they pay us N7 dividend with 1 to 1 bonus ,, they have the capacity then because their book was full of free cash supported their earnings

though they still declare good earnings but nt much cash backing d reason they never come closer to 2012/2013 dividend bonus declaration .

in my opinion based on current Q2 report their fair price stand at N35 i hope they improve on their numbers by Q3 and Q4 otherwise okomo may range within N50 - 80

it would be interesting to see how you came about your fair price of N35

Chibuking81:


This days penny stocks pay more, in terms of capital appreciation and dividend return, goes by the amount of money involve.

I think this triples stocks are good to go both in capital appreciation/ expectation of dividend in this 2017 finals
1. Fidelity
2. Diamond ( if they repent this time and pay dividend it will make sense)
3. FCMB

By good EPS
1. Dangote flour
2. Eternal

By first class in fundamental / dividend payment history
1. Zenith bank
2. GTB
3. UACN
4. UBA
5. FBNH
6. ACCESS BANK ( Included)
7. Ucap
8. Afriprudent
9. Conoil

By try your luck
1. Honeywell
2.Sky bank
3. Transcorp
4. Oando (added, because it belong to this category)

Not convinced FBNH should be on the list based on fundamental. Their current price would only be sustained if Q3 improves...Conoil's Q2 result get as ebe

currentprice:


i don't use to mention name because of monkey hunting tag . but my post will help u if you look well

u might even not like the stock because it has already move over 100% y to date but it actually have move room for another 100% or more if no general bad mkt ,,, u should be able to point out d stock now if u do little reseach base on the bold

CP, I think I know the stock you are talking about .. what about the liquidity of the stock, do you think it should be a thing of concern ??

oando appears to be immune to negative news ... thought by now it would be hovering around the year low price

Tritri:



Currentprice sabi select better thing..i dnt joke wit his recommendation alongside bull bear market

CurrentPrice = Treasure hunter

robobo:


Oando on full offer

abi d Market version of the war don start?

Price not falling as expected..thought by now it would be dropping by 5-10% daily

currentprice:


with this report.., Guiness plc is over price from my end

beware of fake bid

Agree..I feel the shareholding structure here has helped sustain the price

Zhirinovsky:
What has Cowboys got to do with NSE being down??

Which people do you refer to as Cowboys?

Apologies! I read your post following the oando story ... I totally miscontrued it!

Zhirinovsky:
What a country!

Bros there are cowboys everywhere ... even in LSE and NYSE...Greed is a human trait . Nigeria is not unique

Chibuking81:

Let it not be only on paper,
Let it reflect in price of naira to dollar,
Naira should go back to sub #190 per 1 dollar.
Price of rice should go back to below #10,000,
So that citizens with their monthly earning will meet up with their expectations.

Not sure we can afford a stronger naira at the moment with the falling oil price. Oil still remains FG's major source of income

It takes a lot of things to prove you are smart, but only one thing to prove you are ignorant..

stcool:


Price of OLD Diamond bank...N6-N7

I hope you too would not be going on vacation to South Africa soon

stcool:


Even without an interim, fidelity is a GOLD mine...and they are generous with dividend.

HOLD UNTO WHAT U HAVE

My fair price is N4.50...and this is just me being careful

..and what is your fair value then if you are not being careful sir ..

Chibuking81:

Fidelity will see below 1.20 if not 1.10, in the months of September.
Remember, their 2017 EPS seems to be same with FCMB. ( Fidelity 31, FCMB 30)
The only difference, is that Fidelity grow in profit to reach FCMB, while FCMB[b] decline in profit[/b] to be almost the same with Fidelity.

The bolded are significant bros... a failing and growing company

"Sell too early and you leave money on the table. Sell too late and you’re ridiculed for your arrogance"

"I'd rather trade a ballplayer a year too early than a day too late."

na wa o, so someone can invest $250m in such a company like oando?? kai people get money ... anyways waiting for the free fall to key in for my own share.

dipoolowoo:
Stock Watch: Recommendations for The Week (August 28)
https://www.businesspost.ng/2017/08/29/stock-watch-recommendations-week-august-28/

Thanks for your post but I kinda of feel these "recommendations" can be quite misleading for newbies

emmanuelewumi:


We all know what bad managers did to Cadbury, Unilever, Union Bank, Unipetrol now known as Oando. In the case of Cadbury and Unilever more than 8 years after the bad managers the companies are yet to fully recover.

Calling them bad managers still feels like a glorification , there are "greedy b*******s" and the list would continue since no of them ever faces the wrath of the law. see what the likes of Mr Onasanya did to FBNH .... a few weeks ago I read how the former Skye bank MD bled the bank to coma...Despite these the society still exalts them! All these guy are walking free enjoying their loots! Why won't others do the same when they get there ??!

Sorry for my ranting ... just angry

Read this on a blog I follow.. interesting

What Is The Difference Between A Stock Picker And A Dog Catcher?

Summary

The stock picker seeks a perfect stock.

The dog catcher perfects his dog stalking.

None. Both seek that which chooses not to be found.

The summary tells it all. There is no more to this blog.

Coolcash1:


I don't see any criticism in his post...He has only stated the obvious...

...Allow people trade in peace abeg!

The bears are bringing the peace you so desire

bros lets stop criticizing each other's trading plan, we are in this market for different purposes, at various stages of our trading experience, capital availability grossly differs, time factor etc....

Identify what works for you and perfect it... review it as your situation changes. No single road to success!

Rather a few more insider info/gist of the companies may help us make more money.... not Loco's type though

sellydion:


Friend , for you it is food for thought. For me it is away to easily get broke. What happens if you enter at support and there is a break of it. Loss only come in when you sold GOOD stock because of fear? Patience is virtue when you know what you are (buying)doing. 20% of N10m is N2m. That is good you said 3 days, however some people have held that price for months and years before that upside. Your 3 days is just plain luck. 100% in 6 months is N10m, see the margin. Pa Ewumi held UBA from N2.8 to N10 just putting in N3m will earn him N10m.Some of us would have sold at N3.36 earning pantry N600k. You don't need to play all stocks JIJO every where. Select good ones at good price and stay with it. If you have job be focus if you don't have go look for one.

No body is sure of anything, sure, align your portfolio and do risk management. Some buy Nestle at N650 and sold at N900 because of all this emotional imbalance and lack of patience. within more few days the price has gathered momentum making another 30% still going. When I saw the price at N800 I new it is time to jump in. It broke N800 to N650 somebody would have said I should cut my losses and move on
See the thing trading at N1200.

May be good for those that are very good in TA , they can read the charts and know when to take position. what fundamentals do I consider in taking position in crypto?

feelamong:


You guys need to go and trade Cryptos! This Stock Market is too slow for my liking!

There you get 100% in 24 hrs or loose all in 24hrs/... You snooze you loose!

lol I know.. I meant translate so we non technical people can understand .. is it a red or black marubozo?

robobo:




My Oga i beg make u no vex

na english i dey speak naaa

it is only marubozo that is not english in d post.

and its a technical trading terms/ signal

becos im a baby on the technical thing i was trying to confirm from the ogas in the house

robobo:


@fxuser

double marubozo at the very edge of 36k


hmmmm calls for concern

speak English pls

I have got 2 accounts JIJO and long term. some proceeds from JIJO goes into longterm account and the cycle continues. you can explore that if that works for you

EchoLima262:


Thank you sir. You hit the nail right on the head with the bolded. I am a long termer and have not given a sell instruction for years! I made a detour when a few months ago I saw Oando which I have been carrying at an average of N7.00 go up to N10.50. Note the stock has not added any value to me! I then decided to open another account to trade while I retained my investment account elsewhere. But with the stated scenario, I think I will stick to my strategy but weed out stocks like Oando.

igboboy3:
What do you guys think of Total Nigeria? It's an industry leader and very near to a 52 week low.

Q2 result not impressive, significant decline in performance as against 2016. Even with a good 2016 result I felt it wasn't adequately priced at the time, let alone their poor perfomance so far in 2017...it would likely hit its 52 week low and possibly even go lower. just my opinion.

veecovee:
had it being that fcmb released a good 2nd quter result, i think it would have being selling around N2 or more

Figures dont lie