₦airaland Forum

Bbbwings:
Anybody sabi FCMB. Why the stock no move like other banks.

Bbbwings:
Anybody sabi FCMB. Why the stock no move like other banks.

9free:
Abeg, help us direct this important question to Ladi Balogun and Yemisi Edun. We need hear from them.

chimex38:
Clickbait.

Winnerzblog:
TheCable also did clickbait?

https://www.thecable.ng/cbn-says-eight-banks-have-met-recapitalisation-requirements/

unite4real:
This is one of the problems we have in this country. i dont think the writer knows anything.

When did First bank and UBA meet the Recap.

Cardoso never said so.

Agbalowomeri:
Junk journalism
Shey na recapitalisation Cardoso talk or na forbearance? UBA just launched right issue so can't be in the list

ositadima1:
The Ogas don’t even know where to put their money anymore—they’ve already conquered the NGX. Let them move to higher ground; I trust they can conquer the Nasdaq and NYSE too.

Sunrisepebble:
Do you think any of them can deliver 40-50% capital appreciation by year end or a dividend yield of close to ten percent. That is what I’m chasing in any stock that I buy now. My last loot was used to load Cadbury and Wapco which I believe can

Sunrisepebble:
I’m not talking about the takeover price. My opinion is the company will remain listed, I’m talking about the valuation of the company based on the H1 result
If they do come with that MTO price of N100 I honestly don’t think it will go down well with anyone at all, even National Assembly who they’re having issues with at the moment

Heishere:
MTN as a business will start flying from H1 2025. Most of their issues have been addressed. The competition are either being eliminated or partnering with them. New business lines are being opened. Look beyond year end.

aj8:
The more reason it's risky. May end up not happening and price will find its level.

starpower:
For validation ✨️. No need to encourage someone with performance in a bull market. Make we see bear 🐻 first.

Sabiboy99:
Omo.. so how do we navigate bear market? What's thw best strategy

yMcy56:
Newbies, all these big big stock names wey the Ogas here are mentioning, ask well before buying at current price because in my opinion, they may have to wait for q2 results to know the next direction, may not have high upside from their current prices for now......

Names like WAPCO already factored in the good Q2 when it moved from 80/85 to current price......
Could see some Ogas throwing numbers upandan......with some kind of manipulations ongoing there....
Remember there's a price tag on majority shareholders stakes....

It still get some other ones that already did 100%, 200%, 300%......make una look before you leap....

My advice: Look for the ones with potential 50% or more upside, those that are battered, not yet feel the bull run as such, trading at discount, around their 52 weeks low, strong fundamentals, those still lagging behind in their sectors and some with potential upside......
Like O&O, VFD, PZ, LEGEND, DS, ELLAH, JP, ACCESS, FBN, FCMB, LEARN, insurance, etc......
Na examples I give o 🙄

This is purely my opinion, make some marketers no come dey take you cash out anyhow...... 😁

Stage opened for bashing, defence etc 🤔

aj8:
The more reason it's risky. May end up not happening and price will find its level.

Winnerzblog:
Read it on TheCable: https://www.thecable.ng/cbn-says-eight-banks-have-met-recapitalisation-requirements/

unite4real:
I think you may have been on this nsempa but you have not learnt anything. Even the cable should not be the one to tell us here which bank has met recapitalization or not.

For the emphasis of your reference to the cable link you posted, did you even read the report? If you did, can you show me where on the report that the cable mentioned that First bank and UBA have met recapitalization. After all this was the Genesis of the argument where these banks were listed among those who have met target when we on this thread are fully informed about happenings.
It is painful I have to respond to this kind of ignorance but it is good to point it out to you that the cable like any other news house are not so special after all. Its humans like us that write those reports and we have equal chance of getting the corporate disclosures just as fhe media houses. If you know what I mean.
I come in peace

unite4real:
I think you may have been on this nsempa but you have not learnt anything. Even the cable should not be the one to tell us here which bank has met recapitalization or not.

For the emphasis of your reference to the cable link you posted, did you even read the report? If you did, can you show me where on the report that the cable mentioned that First bank and UBA have met recapitalization. After all this was the Genesis of the argument where these banks were listed among those who have met target when we on this thread are fully informed about happenings.
It is painful I have to respond to this kind of ignorance but it is good to point it out to you that the cable like any other news house are not so special after all. Its humans like us that write those reports and we have equal chance of getting the corporate disclosures just as fhe media houses. If you know what I mean.

For avoidance of doubt, I put it to you that UBA and First bank have not met recapitalization. Yes 8 banks have met itbut these 2 have yet to.
I come in peace

Mpeace:
If the Naira appreciates significantly against the dollar, some of our dollar earning stocks will suffer. Eg. SEPLAT, PRESCO etc hmm its good to watch the dollar as we watch our stocks too.

drstranged:
Hi. Does anyone have any experience with Stanbic IBTC brokers?

Sabiboy99:
Omo.. so how do we navigate bear market? What's thw best strategy

Mpeace:
If the Naira appreciates significantly against the dollar, some of our dollar earning stocks will suffer. Eg. SEPLAT, PRESCO etc hmm its good to watch the dollar as we watch our stocks too.

mikeapollo:
Lol
Individual preferences/goals would determine the classification of stocks.
What may be ''Junk'' stock to Mr. A. may be a 'value'' stock to Mr. B.

Bbbwings:
Anybody sabi FCMB. Why the stock no move like other banks.

unite4real:
Nigeria is a net imposter of palm oil. Apart from about 10% revenue from Ghana..most revenue are generated in Nigeria. The exports are insignificant

Streetinvestor2:
.The producers here don't even meet local market demand
You are very right

Streetinvestor2:
I hope you don't mean to say the present price of wapco is because of the chinko deal.I will say the present appreciation is based on the company new performance. The chinko deal is not yet binding on minority shareholders because it has not passed any agm or egm and approved by minority shareholders for thr own stake. The was seen in PZ case.
If the shareholders had approved it before any appreciation on the floor this is whr risk comes.The deal for minority shareholders has not been placed before them
Another example is IE insurance. The shareholders have approved the deal long ago and can be short changed in the future.
All we have on ground is a proposal and never a bidding agreement. The shareholders still holds the hammer