pluto09:


Why the fixation on FBN? Why would anybody continue to put his money in a "dieing" company?
For now,FBN should only be bought by traders(the jijo masters), there are better stocks out there.

pluto09:


Why the fixation on FBN? Why would anybody continue to put his money in a "dieing" company?
For now,FBN should only be bought by traders(the jijo masters), there are better stocks out there.

fxuser:

Quick Look Back

Post ''Good'' Q3 Announcement
-UCAP 2.46 (down)
-GTB 24.15 (flat)
-Zenith 14.9 (flat)
-UBA 4.19 (flat)
- Presco (Up)


d bulls be like YIMU, however a poor Q3 will not be tolerated by Mr bear


#JustObserving

carpenter:


No fixation on FBN for me, but I am fixated about everything I own. I don't think FBN is a dying company, they are struggling and it might take years to get back but certainly not dying.

Intendy:
Total Nigeria Plc Closure of Register for Period Ended 30 September 2016

Proposed Dividend N7.00

Proposed Bonus Nil

Qualification Date 18th November 2016

Closure Date 21st - 25th November 2016

AGM Date N/A

Payment Date 5th December 2016

AGM Venue N/A

currentprice:


seen,,,, already +10.25%

N319.72

OBAGADAFFI:
http://www.nse.com.ng/Financial_NewsDocs/15129_UBA_PLC_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf

feelamong:


FBNQuest
‏@FBNQuest

UBA trades at 60% below book value and has managed to keep asset quality under control - Bunmi #FBNQuest2016 #InvestorConference2016

ihedioramma:
That is my name but is mm not nm . Ok, today market will be example . let's forget about that please . what is happing in NAHCO,VITAFOAM AND LIVESTOCK(INTENDY AND LANCEE? .

Primetech:
This is not a very good time for Morgan Capital to be down. This is annoying and leads to investment loss. I hope they come out with a categorical statement of apology on this because clients keep to their terms and conditions to be able to use their platform, I don't see any reason why they should default with the NSE. They better resolve this sooner than later to avoid further reputational damage and financial loss to it's clients.

Intendy:
Total Nigeria Plc Closure of Register for Period Ended 30 September 2016

Proposed Dividend N7.00

Proposed Bonus Nil

Qualification Date 18th November 2016

Closure Date 21st - 25th November 2016

AGM Date N/A

Payment Date 5th December 2016

AGM Venue N/A

teeboy95:


Na wah oo.. so how I go take sell my stock on their platform.. and am loosing by the day on FO..
Make I go withdraw my money for stories that touch.

kolaish:
try send mail to them on which of your stocks you want to sell and buy. They have people trading for them on the floor that can handle it.

Coolcash1:


Hope Mobil Plc can emulate its sister world class company...See the que for Total shares mehn!...When I come here to apprise NSEMPA members of the stocks to have in their portfolio they ignore and chase after dieing ones...

I hope someone reading this post is beginning to mop up LAFARGE because the dark days of the stock are over...You people should focus on other viable sectors and leave bank stocks alone because to me, its over hyped...Presco is still cheap for any value discerning investor to hop into the bus now.

My one cent.

Noted going forward.

carpenter:


DEFINITION of 'Average Down'

The process of buying additional shares in a company at lower prices than you originally purchased. This brings the average price you've paid for all your shares down.

http://www.investopedia.com/terms/a/averagedown.asp

say you bought 1,000 units @ 33 naira...costing you about 33,000 excluding fees and taxes.

Since you have taken a stand not to sell at less that 33, you can buy more say another 1,000 at 3 naira and your average cost of the stock will go down. That way you don't have to wait till it gets to 33.

1. 1,000 units @ 33=33,000
2. 1,000 units @ 3 = 3,000

TC=36,000
AC=36,000/2000= 18

So now only need to wait for 18 and not 33 to break even (fees and taxes not included)

The more you buy now, the better for you.

Primetech:


I sent a mail last nite with a follow up this morning, only to get a call from M..... that they have been disconnected from trading. How possible is it for them to trade through other trading members on the floor??