₦airaland Forum

megainvest:
It is very obvious. They can not report a loss for FY 2015. You may ask me why.
1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment.
2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all.
3. Q3 results tells the whole story.

FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss.

You know what I'll type next....... This is not a buy or sell recommendation

megainvest:
It is very obvious. They can not report a loss for FY 2015. You may ask me why.
1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment.
2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all.
3. Q3 results tells the whole story.

FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss.

You know what I'll type next....... This is not a buy or sell recommendation

Mfunkynation:
bros, this tire me.... am jus waotin for d warrant tovet my money

Intendy:
have u been able to buy the ucap?
and who is your broker?
I added enough units to the one i have yesterday and today
just rounding up units and dividend

betcindy:
I have offloaded fbnh to load ucap and hope isn't too bad investment decision anyway?

debeey87:
Yes you will be but your selling price will be minus the dividend declared.

sky2891:
If you are the long term type, you won't regret. Patience is golden in the stock market

DeRuggedProf:
God, tear down the heavens, descend and save me from the corporate hawks..... .
Publish or leak all remaining results by fire by force... .
No more profit warnings but results release in Jesus name!!! Let the results warn us from n9w on and not the mgt....

Coolcash1:
FBNH for now is not good for short term rather long term. The price you mentioned @Asmara was when stock prices were manipulatively balooned and overpriced resulting into disastrous end for investors..Many fingers got burnt. Even some brokers are still cooling their heels at panti police station and kirikiri...However, judging by the lull in banking sector heralded by the downturn in oil prices which led to massive NPL in their books, banks stocks generally have plummeted..Specifically, FBNH is worst hit because of its huge loan portfolio to the O&G sector. This was corroborated by the recent profit warning released by the bank to investors an indication that all is not well with the elephant..

The road to recovery may still be far even as oil price begins to rally. If the rally is however sustained it will surely turn around things for FBNH and others thereby positively impacting albeit, marginally on their share price. Honestly, no matter the level of oil price rebound, to see the price soaring back to 2008 price within 3-5years will definitley be a mirage. But if you are long on it, as yours truly is too, you need not bother yourself...

Asmara:
Oragbon, you are even lucky, mine was @N24 in 2008 when i never aware of this educative forum to tap knowledge and experience from. Over to gurus in the house to advise what to do at this critical situation of FBNH.

locodemy:
WAPIC.............For cowboys......the Q1 result is going to trigger this stock.....i am heavily loaded here too.

Godisfaithful:
Afriprud when it comes to dividend payment for now

bolabiyi:
Biko, what's d current price of Zenith?

jarkbauer:
just as saying Oando will trade at N30 next week....words are powerful. So beacaue she said i have died.. she will die abi.

We have been shouting Naija is great and she is now great

OakPearl:
Dear Mercy, I can understand what u mean; but please do me a favour: kindly rephrase. Me thinks this is not good for u. Thanks.

fxuser:
it will break that N14 resistance
patience needed

mercylicious:
only the board knows.

i expect a 30k div

i hope n pray they dont issue a profit warning BUT i dont expect that. their 3rd quater was on point. most of the ppl issuing warning had a shaky 3rd quarter.l

i bought tashere units of access wit the small money from the exit of gtb bought with the forgotten money in d itrade acnt.

playing kalo kalo with my money on nse.

mercylicious:
only the board knows.

i expect a 30k div

i hope n pray they dont issue a profit warning BUT i dont expect that. their 3rd quater was on point. most of the ppl issuing warning had a shaky 3rd quarter.l

i bought tashere units of access wit the small money from the exit of gtb bought with the forgotten money in d itrade acnt.

playing kalo kalo with my money on nse.