₦airaland Forum

If you don't bet, you can't win. If you loose all your chips, you can't bet.
- Larry Hite.

@ prof and others who may want to compare zenith and gtb results:

valacious:
Yet to get my own dangote sugar alert o...what do we do, I registered for e-dividend last week?

The same here. Registered last week and yet to get my account credited. I have sent them a mail this morning.

jinnyz:
Pls can someone answer me!!!

The charges are almost the same for most stockbrokers.
Morgan is the only exemption i know.

fxuser:
DangFlour
- watch out below n6 ..

fxuser:
Same for fidelity at 1.20 and below

I am in the market today for fidelity
Will like to buy at 1.26 and below.

stokfrick:
I noticed that investors do not only look at EPS but also efficiency when comparing peers in a sector. I think that's why they will always price gtb higher than zenith
Same thing is happening to stanbic!
Gtb is about 50% efficient while zenith is about 25% efficient

Well said!

dipoolowoo:
Investors Lose N295b as Access Bank Trades N1.9b Shares
https://www.businesspost.ng/2017/08/15/investors-lose-n295b-access-bank-trades-n1-9b-shares/

This access people should just release the result now
Na volume will wan chop.
I have been wandering all days who are the people buying and selling all this big volume

DeRuggedProf:
Pluto09.
GTB Vs Zenith Half year.
A clinical and digestible comparison will not be unacknowledged.
Less fundamentally endowed at a loss for result ranking between orange/white and adulterated red.
Kindly separate the fight for us.

No detail analysis till time will permit.
On the surface i give it to the orange.
Their efficiency is 2nd to none in the banking sector.
It will continue to sell at a premium for a very long time.

NB: I have none of the two in my portfolio though i am seriously tempted now to have at least one if not the two.

Tritri:
Pluto09 do u understand wat d prof is saying ? Pls break it down for me

Time to be flexible with our approach and principle.
You might need to sell down some stocks and revaluate your position considering market direction......

DeRuggedProf:
Evening draws nigh.
-If thy fortress (support) is still far, thou might choose to embark on an early journey.
-Tactical manoeuvres are permitted in battle.
-The spirits have taken over the battle on behalf of our mortal enemies.
-The mortals must retreat till the war rules are restored.
-A battle is not planned on the battlefield.
-The casualties are not restricted to those dead or with severed limbs.
-Patience is a virtue only where the end result is not inevitable pain.
-Rain and blindness are never introduced when they meet.
- TA is in its glory days, eclipsing fundamentals....

@ Rebekah, just hold on to your conviction.
That story of recovery has been told many times with nothing to show for it. Traditionally, banks book more impairment in H2 and i dont see how FBN will have a better H2.
Those who understand TA will make more money in FBN. Fundamentally, the bank has a lot to do for them to be the old FBN we used to know.

[quote author=shigidi post=59365257]House

Has dangote sugar been adjusted for dividend?[/quote

Intendy:
I have some issues that need focused intervention and i'll be done soon.
Thank you all.I appreciate.

@ Intendy, i sight you o
where art though been
we really miss you
Hope all is well

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/19343_ZENITH_BANK_-_AUDITED_JUNE_2017_FINANCIAL_STATEMENTS_AUGUST_2017.pdf

Trading income to the rescue.
The impairment charges in q2 alone is worrysome.
Other operation expenses also ballooned up in q2.

Waiting for access and uba.
If the same trend continues, will have to do the needful with my position in bank stocks before they release their end of year results.

Manonamission:
I didn't know what to make of the price increase. Board problems coupled with a woeful result sent the price below N9 at some point and I have watched it rise since then, afraid to take position.

I dont understand the bank myself.
At a time when it was selling below N10, I took a look at their finacial reports and all i saw was problems just like FBN.
The only positive i noticed was a plan to set up a private asset management company(something like amcon ) to take all the bad loans from their book.
I have watched and watch the price moving from sub N10 to close to N20. Those who are buying sure know what we don't know.

fxuser:
loll
nice
- further pull back expected
- look at the monthly chart , price trading below prev monthly close !
- first time in over 5 months , price unable to break above prev month close
see: https://invst.ly/4rrwv
- i prefer the access chart set up


Dis:
Reduced exposure , taken profits here.

Small small, i don dey learn this TA thin.
Thanks to you and bullbear and all the other TA gurus in the house.

stcool:
Learn to be patriotic

Nothing like being patrotic here.
Everybody should have part of their assets in dollars.

robobo:
@ fxuser @ bearbullmkt

kindly help with UBA technicals / charts and interpretation of same

thank you

Let me say my own before the ogas come;
.daily is bearish
.weekly is somehow and will await further confirmation.
.long time still bullish
.you are not expected to do anything now untill trend is confirmed

Na joke i dey joke o

ihedioramma:
Good but look at the price now . See chibuking81 and tritri face because of DF .

stcool:
Sellers would queue up...don't expect much after today.

I am on the queue already, to sell today

http://www.vanguardngr.com/2017/08/tsa-federal-government-withdraws-suit-7-banks-citing-public-interest/

What a useless government

currentprice:
bro abeg check,,, may be you stop looking at the data when you saw PE @ 48. and BV @ 50. for a price of N950 d day result was out

if you finish your check on it you will see that N1600 is at discount

_{^{i have no Nestle in my portfolio}}

So what is the current PE and BV plus the dividend yield?

Revibe:
I was about to comment on their cashflow, the key audit matters in the 2016 report says something about the risk of their trade receivables being impaired. Their trade receivables is about 24% of total assets which is material enough to have effect on profit if impairment charges are correctly applied. Also, for a company that wants to restructure, their operating expenses are up by 700%. A highly geared company should be run efficiently.

You are spot on. The company still have a long way to go.

PharmAlfred:
Sir Pluto and the house, what do you see of Access Bank and UBA. Do you see any upside given their foundamentals?

Same for Okomu oil.

Buying winning stocks is the deal this year. No room for suckers.

NB: I don't hold any piece of the aforementioned yet.

Coincidentally, the 3 stocks are on my buying lists.
With the general state of the market, i consider access and uba at the current price as good bargains while we await their q2 result for further review.
I have recommended okomu here when it was selling at a little above N50. With a strong q2 performance,the stock is still a buy at current price though, buying at a lower price will improve returns.

NOTE; I dont buy stocks with the intention of making profit in one or two months neither do i use stop loss.
THIS IS MY PERSONAL OPINION and is not a buy or sell recommendation.

ijinleoro:
With due regards, you are not fair to @samguru's remark on C&I leasing. We are all here to say our minds and reacts to every stock based on our perception/research/hearsay and thereafter do our DD.
My own opinion however on C&I is positive for now, based on their current Q1 EPS of 35k. The only problem I perceived is that the stock may not be liquid on the long term (probably in 2 months time). I entered at 63k though with tasere units and hope to bail out as soon as I make 100%.

C&I is a stock with good prospect (has always been). My major concern is their incosistency over time. The profit in q2 can disaapear in the next quaters. It is instructive to note that the profit declared in last year audited account was from other income,foreing exchange gains which is not sustainable.
They appear to be getting better going by the improvement in turnover, shareholder's fund, and retained earnings. Only time will tell if they are really out of the wood,though it might be too late then to take position

NB; I have some tasere units here that i bought last week friday at N1

fxuser:
Flour
- this forum is pushing honyflour to full bid . . MM de watch una

Sold my remaining units here today
Wanted to use the money to buy more of dangote flour.
Before i could complete the sale,dangote flour went on full bid
And after i sold honeyflour, the stock is also priming to be on full bid.
I have sold honey flour and i never see dangote flour buy. chai!

sellydion:
Flowers boys are set to blossom check their charts looking same, same

I have ported from FMN and honeyflou to Dangote flour.
Someone don provoke alhaji, the guy dey vex

DeRuggedProf:
Someone has kept funds more than the entire capitalization of this stock to make sure no unit escapes....
We know who has that kind of cash...

I don't waste my energy in trying to fight those cabals.
The best i can do is to position myself to benefit from their act and manipulation

DeRuggedProf:
If sugar gain up to 5% today, I will know who is behind the wheel and I guess many here will do too...

The cabal are back on duty again at their normal time