₦airaland Forum

Zenith doing as we always expected all those that bought @ below N10.50 and steadfastly held on more green to your portfolio

PETERiCHY:
I made this statement as early as 7am this morning, Now what is happening

Well aside Stockbrockers when i see those that take stock trading as a full time occupation,I keep SMH for them.

STOCK MARKET is a dangerous arena where you can deploy a little percentage of your monthly income.

If it works out good but if it doesn't then you move on with life and try next time when it's convenient for you.PERIOD!

That has been the nitty gritty of my message.

*ThE OcToPuS*

So move on!

holm:
http://www.nse.com.ng/Financial_NewsDocs/13325_ZENITH_BANK_Q1_MARCH_2016_FINANCIAL_STATEMENTS_APRIL_2016.pdf

Zenith Bank as strong as always come rain or sun

yrmybank:
I don't think so. Oando is currently on an 8% loss according to Bloomberg.

That was 3 hours ago!

the unaudited results are out they said Zenith bank has posted a N135 billion turn over for Qtr 1

Pls trade with caution knowing the NSE the result might instead cause a decline in price!

ExLaidback:
You're not going to see any significant turn around in Zenith bank YET. At least not this week. FBNH can still go either way. I suspect there'll be brief respite for both stocks, yes, but they are still going DOWN. I remember stating the path UCAP was going to take in it's last trading days before it's Ex-div, which it did. The market needs more than just new 52 week lows to stage an effective turn around. Emphasis on 'effective'


But this is just my call (more of speculation). We will see what the market has to say.

your call does not spur action and too many loose bits. since you're speculating, price and time should be first contemplated and can then be vaguely specified.
"not this week" is too vague. "FBNH can still go either way" is also vague. "...respite"; vague. "... but they are still going down" this is clearly a good example because stocks are always heading down in a bear market, it's predicting a detailed heading up that's the tricky part.
Also my prediction for a turnaround has little to do with any new 52 week low.

Market, starting with a couple of stocks like Zenith bank, will begin to turn around on Friday if not tomorrow. Then by next week others will follow. Zenith offered good price @ N10.52 today, closed @ 10.96 though 11.00 was expected. If it trades lower tomorrow - take it!

As for FBNH i think we should be patient.

Please by Friday if not tomorrow we will see an abrupt turn around in some stocks like Zenith, and others. like @Megainvest has rightfully said opportunity is presenting itself

angelo82:
There is probability that the share price of FBNH may likely go down more until they start releasing sound result.The stock may bounce back by this time next year if they declare juicy dividend.

mercylicious:
oh, so sorry. i just saw the closure date is next week. i thought its this week.
The right thing i shld have said is dt i will monitor d price movts and sell anytime i see sideways trading.

Agbalowomeri:
The share price will only gain 15%

Like Agbalowomeri has rightfully said even if price goes up now it cannot do more than 15%. Without the announcement of a thrilling result going up from N3.50 is next to impossible. I foresee FBNH price heading down! Lower.

stokfrick:
I like d closure date of zenith. A single distinct date, not a deceptive range of closure dates

deceptive or distinct there has always been one ex dividend date

Intendy:
sister relax and shake body.
pls leave sentiments aside?
if I state something against a stock means I don't have it in my portfolio.
I'm never emotional if it dips good,if the other way same

The Zenith release did not disappoint and is right on schedule with UBA and GT. The NSE is poised for Bulls.

Justcul:
@newbies, dont listen to this guy.. when the stock was selling at 0.68 blacklisted and bashed it, now ppl are taking profit he is asking u to buy at 0.86.. what a life

so why are they taking profit now!?? pl read my statements carefully

willyede:
Life itself can be very unfair if only i had just waited a lil bit may be i for they buy my own car and house right now...Feeling really angry wif me self

You will buy car. Amen.

if you check the last four weeks you will see a pattern of price appreciation then depreciation. I sounded that warning at that point in time as you could see it happened again and came back to 0.78.

pl i believe FCMB will appreciate in price eventually like i have said earlier. The result is what is delaying this so far.

YOu can buy FCMB now and wait (long term) but if you are lucky and result is released now, price will most definitely reach 1.50

mercylicious:
@alex,
A na ekwu na oku gbara fada, I na aju ma ogbara afu onu ya.

Abeg, someone shld paste bid n offer for gtb.

Bid 16.52 Offer 16.60

Tjohn1:
Please someone shld paste bid n offer for OANDO

Offer @ 5.33 No bid

I was giving the FCMB warning so we could avoid a situation like this, which has happened a couple of times already.

I am also aware that “crisis breeds opportunity” so I am convinced FCMB will have an eventual rally that could be more rewarding than what is happening with Oando.

Pls take note that Oando and FCMB are most definitely not mutually exclusive so the current trajectory of oando will demand a response from FCMB. There is a rally coming for FCMB.

As for Zenith, result will come out tomorrow; price will shoot. The current price of N12.40 is on schedule (judging from history)

chukyjones:
this guy ehh...
i still remember your per-second warnings few days ago even when FCMB was at 0.68
seems you are shifting grounds now

pls disclose

ogoo4real:
Please anyone with useful info on the question above should through more light on it.

I believe you have received your answer today

jp130:
PLZ CAN SOM1 TELL ME WHER TIGRE HEAD DE GO
NO OFFER PRESENTLY

It will eventually reach its 2012 price!

feelamong:
Nne... just dump on us.. no wahala.. but make sure ur ass too follow for the dumping o!

seriously

Manonamission:
Where is Peptola? FCMB just returned 20% o.

I never said it wouldn't rally at some point just that at 50 kobo would have been less riskier. Hope you are still on

bigass:
I am about to dump FCMB shares on their sorry ass

Since you are doing short term, why don't wait till tomorrow?
Furthermore it has taken almost t2o months for Tigerbrand to rally to today's price - long term on FCMB might not be such a bad idea.

Please focus on Zenith Bank like I said its audited result is ready and will be released this week Friday!

BTW stay away from FCMB it is still going down

ufotty2001:
if results will come out on Friday there is full possibility for zenith bank to drop to N11.70 btw monday and Tuesday!!! Watch out what happen with UBA today.. On full offer

No no you are wrong since the result is going to be good, stock price heading up! Now N12.19 heading to N12.50 today.

bigass:
I say it alot just joking... i meant leave me alone jor

yes and i was also joking too cause if you read it carefully you will see ..... but do your dd again on FO

bigass:
FO...... watching you with 5eyes

only 5?? you better keep all your eyes open even the one at your back before make mistake buying high again

Elai147:
I will mop up FO @02:28pm

Rather too early and still too high

Godisfaithful:
Everyone should not forget that Zenith released their 2014 audited result in March 5, 2015 last year

So it was March 5th it was released to the NSE and not 6th? But do you know audited result was ready on the 29th Feb 2015

Mfunkynation:
Zeee flight help me to recover ooooo

I am sure you were sweating and about to push the panic button.... Like @Godisfaithful has said there is no need to be afraid with Zenith Bank and I agree. Up to their third quarter result was superb there will be relatively low impairment charges in final result

DeRuggedProf:
STILL no result from ZENITH and GTB?

what date was Zenith released to NSE last year was it not 6 mar 2015? before then it was always around 11th

*pls correct me if i am wrong

Hip hop hooray did y'all see Zenith Bank at the close?! We thank GOD for little mercies

Zenith will be seriously Bullish from Monday next week as result will be forwarded to NSE by next week friday

EDUECO:
If probably UBA result is very bad,its final EPS may at least be 90 Kobo! It is still likely UBA would pay 30 or 40 Kobo,and don't forget UBA paid 20 Kobo as interim dividend.

Yes UBA result is good and they will pay high dividend but what caused such huge offer and no bid if not "advanced kalo kalo or sports betting". They put fear and cause you to sell cheap - I think some prankster has been trying to do that with Zenith Bank too since yesterday

Did you just see over 5 million units of FCMB sold -- I think @Bigass just off loaded