yMcy56:

Hopefully it comes down to 34k too.
@Loco, don't be in haste to sell your remaining JAPAUL, I won't show any pity this time around o.
I'm currently checking for more info too.....
Like I said earlier, JAPAUL is not directly into Oil & Gas but it renders offshore services to Oil & Gas; is into dredging and also mining of mineral resources.

Oil & Gas service companies also benefit from oil & gas sector's boom in terms of increased activities and revenue.
Q2 result should throw more light on this.
Dredging is already fetching them money.
*More checks to be done.

**Caveat: This post is strictly for Japaulians.

toyeoye:


You're on point!
@locodemy got me researching Japaul and I got in heavily @ .29 because I see the potential in the industry. There is a lot of room for growth in here but a pullback is likely due to the economic uncertainty.

P.S I be newbie with high risk appetite and I literally don't know what I am saying. DYOR!

locodemy:


The reason why I sold the 5m units yesterday is not because of the company but because this subsidy removal might cause the generational low oracle is inciting.I have 13,857,000 units of Japaul left.
For Japaul to show strength at the last hours of trading yesterday means something is cooking.Might be the impact of subsidy removal lurking on the stock.

Princkez:
if that's the case why is it trading above #18+

EDUECO:
I'm still a newbie or a learner in equity investment!

Stock like Fidelity Bank has been paying me DIVIDENDS since the year I bought it.

While stock like Universal Insurance has been paying me with HOPE.

I have discovered that DIVIDEND is better than HOPE.

yMcy56:

Hopefully it comes down to 34k too.
@Loco, don't be in haste to sell your remaining JAPAUL, I won't show any pity this time around o.
I'm currently checking for more info too.....
Like I said earlier, JAPAUL is not directly into Oil & Gas but it renders offshore services to Oil & Gas; is into dredging and also mining of mineral resources.

Oil & Gas service companies also benefit from oil & gas sector's boom in terms of increased activities and revenue.
Q2 result should throw more light on this.
Dredging is already fetching them money.
*More checks to be done.

**Caveat: This post is strictly for Japaulians.

toyeoye:


You're on point!
@locodemy got me researching Japaul and I got in heavily @ .29 because I see the potential in the industry. There is a lot of room for growth in here but a pullback is likely due to the economic uncertainty.

P.S I be newbie with high risk appetite and I literally don't know what I am saying. DYOR!

emmanuelewumi:
We all know how Fidelity Bank stayed at N1.50k and below for many years

locodemy:


If you can exercise patience you will get 200% in Japaul.I may not be there when you will be counting the 200% because of impatience.

yMcy56:

Hopefully it comes down to 34k too.
@Loco, don't be in haste to sell your remaining JAPAUL, I won't show any pity this time around o.
I'm currently checking for more info too.....
Like I said earlier, JAPAUL is not directly into Oil & Gas but it renders offshore services to Oil & Gas; is into dredging and also mining of mineral resources.

Oil & Gas service companies also benefit from oil & gas sector's boom in terms of increased activities and revenue.
Q2 result should throw more light on this.
Dredging is already fetching them money.
*More checks to be done.

**Caveat: This post is strictly for Japaulians.

leparj:
Oga Emma Ewummi and the other gurus here.
Won't it be sensible for one to offload his fbnh @ current market price and use the proceeds to buy UBA or Access?
One will even get more shares of Access or Uba @ the current market prices.
Really disappointed wit the 50k from fbnh.
Wat's yr take.
Final DD will be mine.
Thanks.

emmanuelewumi:



Correct.


I call dividend staying power, when you buy a stock with an intrinsic value of N20 for N10. The stock might not get to that value in 2 years, but the dividend earned gives the investor the staying power to hold on and the cash flow to buy more.


Suddenly, like a thief in the night the stock will get to its intrinsic value and even exceed it.


Success in stock market Investment requires patience, regular dividends allow investors to have the patience, financial peace and to also get Investment income while waiting

leparj:
Oga Emma Ewummi and the other gurus here.
Won't it be sensible for one to offload his fbnh @ current market price and use the proceeds to buy UBA or Access?
One will even get more shares of Access or Uba @ the current market prices.
Really disappointed wit the 50k from fbnh.
Wat's yr take.
Final DD will be mine.
Thanks.

emmanuelewumi:



You are the CEO of Yourself portfolio. Invest in stocks you understand how they make money, create value, grow revenue and sustain profitability.


By the way the least banking stock in my portfolio in terms of value is First Bank. So I missed the Otedola bull experienced by FBN but I am okay.

emmanuelewumi:
We all know how Fidelity Bank stayed at N1.50k and below for many years

EDUECO:

Access or UBA is better than FBNH with respect to dividend payment.

Is like the Nigerian breed of politicians have taken of over the management of FBNH.

EDUECO:

Access or UBA is better than FBNH with respect to dividend payment.

Is like the Nigerian breed of politicians have taken of over the management of FBNH.

pluto09:


I don't think is about any politician taking over. I want to believe it is all about sustainability. FBN needs to retain more money to shore up their capital base for improvement in CAR. the last time I checked they have the lowest CAR among the first tier banks.
If what one is looking for is a good dividend yield it is my opinion that FBN is not where one can get it for now..

leparj:


Thanks.

Quite sad.
35k previous year. Now 50k.
Not good enough.

Agbalowomeri:
1 million is only 10 doubles away from 1B
A very interesting fact

leparj:
Oga Emma Ewummi and the other gurus here.
Won't it be sensible for one to offload his fbnh @ current market price and use the proceeds to buy UBA or Access?
One will even get more shares of Access or Uba @ the current market prices.
Really disappointed wit the 50k from fbnh.
Wat's yr take.
Final DD will be mine.
Thanks.

Streetinvestor2:
The only reason I am still in fbn is because of corruption .I know they will do everything to push it to #20.00.I remember saying they will pay 50kobo.Ote needs one of the bank for his future magu magu.The other ceo in other banks are equally sharks like him so it will not be easy to have a grip of thr banks

Streetinvestor2:
The only reason I am still in fbn is because of corruption .I know they will do everything to push it to #20.00.I remember saying they will pay 50kobo.Ote needs one of the bank for his future magu magu.The other ceo in other banks are equally sharks like him so it will not be easy to have a grip of thr banks

reucom:


I hope it reaches the 30 Naira mark because that's what I got it for in 2008.
I can't wait to sell this not performing fbn shares. So sad