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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by OLOBAM: 4:38pm On Sep 28, 2018
DOLLARTEX:
this fidelity movement I no understand oo,move up or you go down now.

Is fidelity eps annualised?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by OLOBAM: 9:23pm On Mar 04, 2018
@chibuking1. you will see your daughter in Jesus name. we need to let our loved one's aware of this trick to avoid future occurrence.

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by OLOBAM: 10:38pm On Jan 18, 2018
OLOBAM:

kindly help with the current eps of afriprudent and unicap.
please where can I get current EPs of listed companies
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by OLOBAM: 9:38pm On Jan 18, 2018
tiar:
As the buying frenzy continues, be wary of where you are investing your money. Most stocks are rising on momentum and not because of improved financial performances and near-term expectations.

The banking industry takes the brunt of bulls and bears so, I will focus on this industry. I will mention (briefly) three banks to be wary of when the tide turns and stocks start heading south as investors panic and seek for the exit trying to hold on to their unrealized gains.

1. FCMB: The bank's nine-month (September 2017) result is not on the Nigerian Stock Exchange's corporate disclosures page. Not surprising given the below...

Pre-tax income declined by 52% year-on-year and Gross Earnings declined by 16% year-on-year. To put this result further into perspective,

Pre-tax income was 7.57 Billion naira in April 2007 (12-month result) and ten years later now operating as a holding company, nine-month pre-tax income in September 2017 is 6.84 Billion naira despite interest income being approximately seven times larger in September 2017 compared to April 2007.

2. Skye Bank: No 2016 fiscal year result has been released while 2017 fiscal year results are about a month away form release every other bank. No news is not good news... Remember when Oando delayed its result for almost a year?

3. Stanbic IBTC: This is a holding company that incorporates the largest asset management company in Nigeria. Nonetheless, this bank's gross earnings and assets are less than that of Diamond Bank while trading 12.5X higher per share. Almost all of the free float is under the control of this asset management behemoth to dictate price movement as and when necessary. Interest expense and credit impairment continues to be understated giving a big artificial boost to profit.

I will leave it there. The market has gone crazy; do not rub shoulders with it. If a stock does not deserve to rise to the level it has, when it falls, it will take no prisoners on its reverse journey. It is better to gain less than to lose more.

kindly help with the current eps of afriprudent and unicap.
Investment / Re: Treasury Bills In Nigeria by OLOBAM: 5:04pm On Oct 25, 2017
kindly help with this calculation. 30000 invested at the beginging of every month for 10years at 10% per annum. 30,000 will be added at beginning of each month.

your response will be highly appreciated. thank you
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by OLOBAM: 11:49am On Oct 25, 2017
is fidelity a good buy at the current price

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