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Nigerian Stock Exchange Market Pick Alerts - Investment (7163) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:28am On Jul 24, 2023
Harvestock01:
shouldn't be responding to every comment. Disclosure: I am in Japaul though not as heavily as I would have loved to before the analysis paralysis.
Just to let him see what market is saying, so he can make more posts to warn those he claimed were trapped.

* Even COCOA on full bid @2.20! shocked

I don dey go for now....no much time to dey post plenty posts here again.... smiley

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 11:37am On Jul 24, 2023
yeddy99:

How do you reconcile figure of almost X4 when naira only did approx X2?

The value of the reserve would fluctuate with the amount invested in $ assets and the exchange rate.

Within the reporting period H1, FBNH must have acquired more $ assets as it shows in the StmtCshFlows. So the translation would not be just on the assets held as at Jan 1, 2023, hence almost x4.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:41am On Jul 24, 2023
We need chams Q2 result oooo.
If not patronage don finish oooo.
From 30kobo to #1 no be moi moi.
Na result go justify it now like Japaul is currently doing
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:50am On Jul 24, 2023
Any stock you suspect say the result go good.Try buy am on time because if result show, nothing for you again unless you want am at high price.

Them dey show for una face now.Make hay while the sun shines.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:07pm On Jul 24, 2023
Frangel:


The value of the reserve would fluctuate with the amount invested in $ assets and the exchange rate.

Within the reporting period H1, FBNH must have acquired more $ assets as it shows in the StmtCshFlows. So the translation would not be just on the assets held as at Jan 1, 2023, hence almost x4.

I think analysis based on 2022FY or even 2023Q1 may still not be accurate, but are still good indicators, as indeed banks could easily have found a reason to acquire more $ assets than liabilities in their local and international operations. For example Access could have even acquired more than reported in prior issued reports, with it's further acquisition of banks in Africa, it could have shored up its net $ assets sometime this year strategically even more. It's only the H1 statements and Full year 2023 that will be clearer.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:11pm On Jul 24, 2023
Okay I don come back small.....

* The billionaires are on top FBNH matter again o... grin
Quite a lot of cross deals @21....
The drama continues....

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:15pm On Jul 24, 2023
yMcy56:
Okay I don come back small.....

* The billionaires are on top FBNH matter again o... grin
Quite a lot of cross deals @21....
The drama continues....

With a book value of N38
Perhaps they will push market price above N30 very soon.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by goody234: 12:17pm On Jul 24, 2023
BabsO2:


With a book value of N38
Perhaps they will push market price above N30 very soon.

nigerian stocks so undervalued
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:44pm On Jul 24, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:54pm On Jul 24, 2023
Princkez:
Seems FBNH is coming for right issue.....https://nairametrics.com/2023/07/24/femi-otedola-to-get-board-seat-on-fbnh-plc/
The days of bellow #15 for this one is over.Waiting the day it will hit #33 the price I bought fbn for the first time(PO).And average down to #6.00 over the years in plenty afolabi units. Just realised I actually bought plenty fbn at a point #3.60 which was why i was able to go down to #6

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by kalkah: 1:11pm On Jul 24, 2023
Oga loco, please show us the way. we are waiting.

locodemy:
Any stock you suspect say the result go good.Try buy am on time because if result show, nothing for you again unless you want am at high price.

Them dey show for una face now.Make hay while the sun shines.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:21pm On Jul 24, 2023
FBN nobi anyone mate grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:23pm On Jul 24, 2023
Streetinvestor2:
The days of bellow #15 for this one is over.Waiting the day it will hit #33 the price I bought fbn for the first time(PO).And average down to #6.00 over the years in plenty afolabi units. Just realised I actually bought plenty fbn at a point #3.60 which was why i was able to go down to #6

WOW
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:43pm On Jul 24, 2023
megawealth01:
FBN nobi anyone mate grin
Full bid @21.80 now..... smiley

.....Some offers available now @21.80......
...Over N4B spent on it so far....

* FIDELITY @8.20.......
Classified as Medium stock now....

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mills55: 1:45pm On Jul 24, 2023
yMcy56:
Okay I don come back small.....

* The billionaires are on top FBNH matter again o... grin
Quite a lot of cross deals @21....
The drama continues....

Please when is First Bank paying dividend? I mean date.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:47pm On Jul 24, 2023
Mills55:
Please when is First Bank paying dividend? I mean date.
Around Aug 15 or so....
Except I check for the exact date...posted here before now anyway.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:48pm On Jul 24, 2023
yMcy56:

Full bid @21.80 now..... smiley

.....Some offers available now @21.80......
...Over N4B spent on it so far....

Na billionaire war zone be that grin
Re: Nigerian Stock Exchange Market Pick Alerts by Abbasmh(m): 1:50pm On Jul 24, 2023
This "war of billionaires" on the elephant is sweetening me grin grin grin

The Elephant has flown to Full bid
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:51pm On Jul 24, 2023
megawealth01:

Na billionaire war zone be that grin
No be small thing.......

Otedola to be announced as Non-Executive Director...

* Another drama fit happen before then......
Otudeko is still there.....his holdings have not been officially recognized ..... grin
- Maybe Otedola is increasing his stakes as well, who knows....n

https://nairametrics.com/2023/07/24/femi-otedola-to-get-board-seat-on-fbnh-plc/

** Back to full bid!!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:57pm On Jul 24, 2023
yMcy56:

Around Aug 15 or so....
Except I check for the exact date...posted here before now anyway.
Payment date is 16th of August

• Aug 15, FBNH (AGM) via Virtual Platform.....10am. Prop Div.....50k, PD....Aug 16, QD.....Aug 8, CDR....Aug 9-10. Reg; *Meristem*

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:58pm On Jul 24, 2023
E suppose long sha... Wish I had anything meaningful as shares with my bankgrin
yMcy56:

No be small thing.......

Otedola to be announced as Non-Executive Director...

* Another drama fit happen before then......
Otudeko is still there.....his holdings have not been officially recognized ..... grin
- Maybe Otedola is increasing his stakes as well, who knows....n

https://nairametrics.com/2023/07/24/femi-otedola-to-get-board-seat-on-fbnh-plc/

** Back to full bid!!
Re: Nigerian Stock Exchange Market Pick Alerts by longlife20: 2:18pm On Jul 24, 2023
Something is cooking in fidelity bank, some person has seen the result
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:19pm On Jul 24, 2023
Princkez:
Seems FBNH is coming for right issue.....https://nairametrics.com/2023/07/24/femi-otedola-to-get-board-seat-on-fbnh-plc/

Aah FBNH want to do rights issue. This will cause dilution.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:20pm On Jul 24, 2023
longlife20:
Something is cooking in fidelity bank, some person has seen the result

They are cooking to raise capital grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:21pm On Jul 24, 2023
grin
longlife20:
Something is cooking in fidelity bank, some person has seen the result
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 2:23pm On Jul 24, 2023
yMcy56:

No be small thing.......

Otedola to be announced as Non-Executive Director...

* Another drama fit happen before then......
Otudeko is still there.....his holdings have not been officially recognized ..... grin
- Maybe Otedola is increasing his stakes as well, who knows....n

https://nairametrics.com/2023/07/24/femi-otedola-to-get-board-seat-on-fbnh-plc/

** Back to full bid!!

70billion and 63billion crossed deals on FBN
Re: Nigerian Stock Exchange Market Pick Alerts by longlife20: 2:25pm On Jul 24, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:27pm On Jul 24, 2023
ogoo4real:

70billion and 63billion crossed deals on FBN
Yes. More cross deals....

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:28pm On Jul 24, 2023
BabsO2:
Aah FBNH want to do rights issue. This will cause dilution.
Oga make we still leave that dilution for one side o....
How many units is 8.8Billion that one person.....or let's say 2-3 billionaires can't simply pick?
See crossings nah..... grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by goody234: 2:34pm On Jul 24, 2023
yMcy56:

Yes. More cross deals....

Crazy deals

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:43pm On Jul 24, 2023
yMcy56:

Oga make we still leave that dilution for one side o....
How many units is 8.8Billion that one person.....or let's say 2-3 billionaires can't simply pick?
See crossings nah..... grin
Ote$ and Otudeko will fight to finish. Beta 4 stakeholders cheesy
grin grin grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 3:50pm On Jul 24, 2023
BullBearMkt:

Ote$ and Otudeko will fight to finish. Beta 4 stakeholders cheesy
grin grin grin grin grin
It is a fight for the billionaire's and this time around as the billionaire's fight, the grass aren't suffering like the saying that says "when the elephant fight, the grass suffers".

1 Like

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