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Nigerian Stock Exchange Market Pick Alerts - Investment (1918) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 9:30am On Nov 25, 2016
PharmAlfred:



Locodemy, the FCMB enthusiast, I hope your projections come through. I stand with you.

FCMB said the Q3 will be delayed because they wanted it to be audited. Why this unaudited report now? The banking segment is looking increasingly shaky.
Re: Nigerian Stock Exchange Market Pick Alerts by GudluckIBB(m): 9:31am On Nov 25, 2016
princemolak:
I called morgan just now and they said the suspension as been lifted but they cant assure us that we will be able to trade today that some I.t stuffs needs to be fixed


itrade.morgancapitalgroup.com uses an invalid security certificate. The certificate expired on Thursday, November 17, 2016 12:59 AM. The current time is Friday, November 25, 2016 9:29 AM. Error code: SEC_ERROR_EXPIRED_CERTIFICATE
Re: Nigerian Stock Exchange Market Pick Alerts by princemolak(m): 9:53am On Nov 25, 2016
GudluckIBB:



itrade.morgancapitalgroup.com uses an invalid security certificate. The certificate expired on Thursday, November 17, 2016 12:59 AM. The current time is Friday, November 25, 2016 9:29 AM. Error code: SEC_ERROR_EXPIRED_CERTIFICATE

What browser are you using? Click on ''Add Exception'' if you are on Mozilla, but still, you wont be able to trade today, but you can view your account
Re: Nigerian Stock Exchange Market Pick Alerts by GudluckIBB(m): 9:59am On Nov 25, 2016
princemolak:


What browser are you using? Click on ''Add Exception'' if you are on Mozilla, but still, you wont be able to trade today, but you can view your account

l have access now
Thanks

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 10:16am On Nov 25, 2016
rebekah2011:


FCMB said the Q3 will be delayed because they wanted it to be audited. Why this unaudited report now? The banking segment is looking increasingly shaky.

I've not had time to even check d result but if it's true that it's not audited and no lies again for the reason not to have audited it,then I pity nse
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 10:31am On Nov 25, 2016
princemolak:
I called morgan just now and they said the suspension as been lifted but they cant assure us that we will be able to trade today that some I.t stuffs needs to be fixed
Certificate error?
Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 10:36am On Nov 25, 2016
grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:49am On Nov 25, 2016
rebekah2011:


FCMB said the Q3 will be delayed because they wanted it to be audited. Why this unaudited report now? The banking segment is looking increasingly shaky.

#Throwback

'' FCMB Group Plc issued a profit warning in expectation of its delayed third quarter (Q3) 2015 earnings before the end of Jan 2016. ''

- remember we have seen this Q3 delay before ! only for them to surprise mkt with dividend ! Let it happen again
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:55am On Nov 25, 2016
umm FCMB
- 15.3m units traded already
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 10:55am On Nov 25, 2016
rebekah2011:


FCMB said the Q3 will be delayed because they wanted it to be audited. Why this unaudited report now? The banking segment is looking increasingly shaky.

There's the bank and then the group. Since a few years now, they only audit the result of the bank in Q3 and not the group or other subsidiaries, however they merge it with the unaudited Q3 of the group.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 10:56am On Nov 25, 2016
fxuser:


#Throwback

'' FCMB Group Plc issued a profit warning in expectation of its delayed third quarter (Q3) 2015 earnings before the end of Jan 2016. ''

- remember we have seen this Q3 delay before ! only for them to surprise mkt with dividend ! Let it happen again



Seems they have turned the table around and they might have actually audited the account just to be sure that every thing is ok without releasing to the market.I think instead of profit warning expectation they might actually surprise the market with a better dividend.Seems like they had it all planned but just that most people are not really selling their stock like the previous sell off.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:06am On Nov 25, 2016
angelo82:


Seems the have turned the table around and they might have actually audited the account just to be sure that every thing is ok without releasing to the market.I think instead of profit warning expectation they might actually surprise the market with a better dividend.Seems like they had it all planned but just that most people are not really selling their stock like the previous sell off.

yeah cud barely break N1 even in this bearish wicked november grin
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 11:09am On Nov 25, 2016
ExLaidback:


There's the bank and then the group. Since a few years now, they only audit the result of the bank in Q3 and not the group or other subsidiaries, however they merge it with the unaudited Q3 of the group.

By the way to me, this FCMB result was a good result but it wasn't fantastic. (UCAP was fantastic for comparison). They actually made a loss in Q3 and except there's a devaluation before the end of the year, they'll likely make a loss in Q4 too - I'm just speculating here but the conference call today should clarify this premise hopefully. What that means is that the EPS declared now may reduce in the FY 2016.

Be that as it may there's still tremendous upside potential within the next 4 - 5 months if they don't do too badly in Q4 and dividend next year should still be much much higher than this year.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:10am On Nov 25, 2016
serz d award for Most Stubborn stock goes to UCAP
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:14am On Nov 25, 2016
ExLaidback:


By the way to me, this FCMB result was a good result but it wasn't fantastic. (UCAP was fantastic for comparison). They actually made a loss in Q3 and except there's a devaluation before the end of the year, they'll likely make a loss in Q4 too - I'm just speculating here but the conference call today should clarify this premise hopefully. What that means is that the EPS declared now may reduce in the FY 2016.

Be that as it may there's still tremendous upside potential within the next 4 - 5 months if they don't do too badly in Q4 and dividend next year should still be much much higher than this year.


tough Q3
Diamond made -5bn loss , Sterln +1.5bn profit , Fidelity +3.2bn profit , FBN 6.7bn profit unlike d big boys Zenith made 55bn in same Q3!
interesting

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:15am On Nov 25, 2016
fxuser:
serz d award for Most Stubborn stock goes to UCAP


Mr Bother UCAP should be renamed no-position stock.


embarassed
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 11:27am On Nov 25, 2016
fxuser:


tough Q3
Diamond made -5bn loss , Sterln +1.5bn profit , Fidelity +3.2bn profit , FBN 6.7bn profit unlike d big boys Zenith made 55bn in same Q3!
interesting

Quarter 4 is going to be tough, thats why I always stay with the big guns, GT, Zenith & Access. No matter how bad it is, they will still weather tough times than 2nd tier banks.
Re: Nigerian Stock Exchange Market Pick Alerts by Primetech(m): 11:29am On Nov 25, 2016
@MC, guess trading will start proper on Monday
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:31am On Nov 25, 2016
Willie2015:


Quarter 4 is going to be tough, thats why I always stay with the big guns, GT, Zenith & Access. No matter how bad it is, they will still weather tough times than 2nd tier banks.

fav in that grp is Access in terms of value for money but sentiment driven , u cant beat GT. Its d XO , while others are VSOP

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 11:44am On Nov 25, 2016
This MERITRADE platform is a scam. You'll place an order for a price that matches an available offer/qty yet your trade won't go. It won't even appear. I pray that Morgan comes back better in operations with the same itrade quality. The speed with which I'll exit this Meristem they no go believe.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:55am On Nov 25, 2016
Seems NSE is having technical problem.
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 11:58am On Nov 25, 2016
fxuser:


fav in that grp is Access in terms of value for money but sentiment driven , u cant beat GT. Its d XO , while others are VSOP

Access that has been patching up their books by borrowing and over borrowing?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 12:09pm On Nov 25, 2016
MorganCapitaliTrade is back! Trading resumes on Monday 28-Nov-2016. We thank you for your support thus far. We remain committed to serve you better.

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:15pm On Nov 25, 2016
Youngzedd:
MorganCapitaliTrade is back! Trading resumes on Monday 28-Nov-2016. We thank you for your support thus far. We remain committed to serve you better.

They should let us feel it today now so that we can be sure that Monday is certain

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:17pm On Nov 25, 2016
rebekah2011:


They should let us feel it today now so that we can be sure that Monday is certain

That is not possible, they need to configure their server and back-end data.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 12:20pm On Nov 25, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 12:22pm On Nov 25, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:28pm On Nov 25, 2016
angelo82:
Seems NSE is having technical problem.

Is anyone seeing the trade live?
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:30pm On Nov 25, 2016
sirflav:


Is anyone seeing the trade live?

I can't see anything anymore.
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 12:38pm On Nov 25, 2016
fxuser:
serz d award for Most Stubborn stock goes to UCAP

Like I will always say, anything that will make me sell ucap must be very strong grin

The big smart guy cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:47pm On Nov 25, 2016

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