₦airaland Forum

ExLaidback:
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.

lancee:
'


..Morgan dey try, just need to get themselves togeda

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

Intendy:
stocks with new 52 weeks low
FO #62.80k

currentprice:

angelo82:
Previous result had error and this is the updated version.

http://www.nse.com.ng/Financial_NewsDocs/15756_FCMB_GROUP_PLC_-_Q3_SEPT_2016_FINANCIAL_STATEMENTS_NOVEMBER_2016.pdf

OBAGADAFFI:
EQUITY REPORT

Nigerian Equities Market Closes the Week Bearish… NSE ASI down 62bps
The Nigerian bourse closed the last trading day of the week bearish as the Industrial Goods Index dampened market performance significantly. The NSE ASI fell 62bps to settle at 25,333.39 points, whilst Investors lost N54.04 billion as market capitalization dipped to N8.70tn. The negative performance in the market was due to profit taking in FO (-8.99%), OKOMUOIL (-9.68%), DANGCEM (-0.93%), WAPCO (-3.17%) and JBERGER (-3.05%). Consequently, YtD loss fell to -11.55%, whilst Volume and Value appreciated by 48.41% and 88.00% to settle at N144.16 million and 2.14 billion respectively.

Industrial Goods Index Dampened Market Performance
Most sector Indices closed positive save for the Industrial Goods Index (-1.71%) which lost the most consequent on profit taking in DANGCEM (-1.51%) and WAPCO (-3.17%). The Banking Index (-0.71%) followed suit due to sell down pressure in STANBIC (-3.62%), ETI (-3.06%) and ZENITHBANK (-1.43%). On the flip side, the Oil & Gas (0.39%) and Insurance (0.11%) Indices gained as a result of bargain hunting in TOTAL (10.25%), MOBIL (5.00%) and CONTINSURE (1.01%), whilst the Consumer Goods Index (0.06%) gained on account of positive sentiments in PRESCO (0.50%), DANGSUGAR (3.16%) and VITAFOAM (4.80%).

Market Breadth Turns Negative
Investors’ sentiment remained positive as market breadth (A-D Ratio) settled at 0.8x (vs 1.2x previously) following price appreciation in 15 stocks against losses recorded in 20 stocks. TOTAL (10.25%), MOBIL (5.00%) and VITAFOAM (4.80%) were top gainers, while OKOMUOIL (-9.68%), FO (-8.99%) and OANDO (-5.00%) were top losers.

Profit taking in FO

angelo82:
/var/folders/ww/76rjv65d6_5gd0rs3v7y04940000gn/T/com.apple.Preview/com.apple.Preview.PasteboardItems/FCMB Group Plc_3Q16 Results Investors & Analysts Presentation_Final (dragged).pdf

OBAGADAFFI:
Your link isn't working .

Coolcash1:
Total and Mobil bus on the move...Patience is golden... ...Though will try load more of the former on Monday with the hope I will succeed.

OBAGADAFFI:
Your link isn't working .

binaflexia:
....I don't see any of these stock gaining 10% till next year

Coolcash1:
10% or what did u say? Please go back and do your math then you will see that the benchmark is already surpassed.

lancee:
..i dey sit for bench dey watch all the analysis

angelo82:
Do you mean you have exited all position?

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

lancee:
No sir , i still dey kampe.. meant buying more/cherry pick agst next yr

The morgan suspension gave me a blow , so i just dey look how am going to start buying and when

binaflexia:
....I don't see any of these stock gaining 10% till next year

soloniger:
Good morning megainvest

ExLaidback:
Apparently, FCMB's 3rd quarter loss is 'artificial'. Makes all the difference.

How is the loss Artificial? And how does it make the difference?



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