Tritri:



Hahahahha...

Do you remember FCMB suprised the market last year with dividend even at 0.68k.

I believe another bank will surprise the market this year..better dan FCMB . just be calm and watch

Lets believe so..................I congratulate all the JIJOISTS in the house.The best trading pattern is JIJO.

Tritri:



Hahahahha...

Do you remember FCMB suprised the market last year with dividend even at 0.68k.

I believe another bank will surprise the market this year..better dan FCMB . just be calm and watch

FCMB paid 10k last year.

SamuelSNR:


In as much as I applaud your courageous act but strategically, It's a wrong move, Mr Locodemy. Sell all your FCMB units at early market open tomorrow. Invest your NGN22m to buy 364-day Tbills @18%. Use upfront interest of NGN3,960,000 to buy FBNH shares. You're well protected this way.

Smart advice ...that is for average individual.Some people like to take higher risk.

DeRuggedProf:


I am now in A GLASS HOUSE IN FCMB.....

Glass house need absolute security if not,people will break it to pieces.I believe shit don begin worry you aby?

if loco has sold at 1.30 and and wait after dividend to re-enter again it would av been great.... but this week will determine.

SamuelSNR:


In as much as I applaud your courageous act but strategically, It's a wrong move, Mr Locodemy. Sell all your FCMB units at early market open tomorrow. Invest your NGN22m to buy 364-day Tbills @18%. Use upfront interest of NGN3,960,000 to buy FBNH shares. You're well protected this way.

N22m won't buy TB anymore, the limit is now 50m

Let what will happen tomorrow.

MM decision is final.

Tritri:
if loco has sold at 1.30 and bought and wait after dividend to re-enter again it would av been great.... but this week will determine.

1.30 is a sure bet for fcmb any time i want to exit in MAY but i will try to collect the small dividend first.

Tritri:
if loco has sold at 1.30 and and wait after dividend to re-enter again it would av been great.... but this week will determine.

When is closing date for FCMB

OBAGADAFFI:


N22m won't buy TB anymore, the limit is now 50m

Let what will happen tomorrow.

MM decision is final.

You can still buy TB with just 1m.You just have to go with your broker's rate.

[quote author=OBAGADAFFI post=55039260]FCMB 10K
CONTINENTAL RE 14K [/quote
Ogbeni is continental re result out?

[quote author=GudluckIBB post=55039805][/quote]
since.Its 14k dividend.

[quote author=GudluckIBB post=55039805][/quote]


Yes Continental Re result is out

14K dividend

http://www.nse.com.ng/Financial_NewsDocs/16738_CONTINENTAL_RE_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf

locodemy:


I would have added more to my portfolio but i will maintain the one i have there.subsequent cash including fcmb dividend will go to fbn.There is future for both stocks.I thank all of you who in one way or the other participated in this fcmb exercise/result waiting.Expect more from them.

Thank you too for all the town crier announcements as per fcmb trustee shareholder. Yr doggedness in the fcmb trenches was solid. Even wen liver almst failed u and u were only peepin n not commentin, then u bounced bak for d final run down to d results. We go manage d 10k. It is beta than nothing. At all at all na im bad.

shigidi:
http://nse.com.ng/Financial_NewsDocs/16964_FCMB_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf

I pity those that fell for the hype!

GudluckIBB:
http://www.nse.com.ng/Financial_NewsDocs/16967_GLAXOSMITHKLINE_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf

30k dividend

pluto09:


You can still buy TB with just 1m.You just have to go with your broker's rate.

Are banks among the brokers?

bigjay01:


I pity those that fell for the hype!

I am in this bus and NOTHING will make me step on 3rd mainland bridge for now....
Access bank is teaching FCMB bad manners.....

rebekah2011:

30k dividend

Not worth its @ the current market price.

When UBA is paying 55k and UCAP 50k

bigjay01:


I pity those that fell for the hype!

This bank did 87k in Q3. This means that Q4 ended up with a loss. Wonder what Q1 2017 going to be. I don talk my own. Banks with faulty fundamentals should be exited. I suspect that another Skye bank experience is around the corner. Guys please be careful

bigjay01:


I pity those that fell for the hype!

There is no pity in trading on the NSE and there is nothing like "hype". Even the best armed with fundamental & technical analysis get kicked on the NSE, but the most important thing is to hit your profit and cut your losses.

For me, I got it right loading Access at 5.40 and offloading at 7.15 junction, entering GTB at 23 and offloading at 27, got it right also with UCAP.
Zenith & FCMB(with this dividend) is definitely a loss position.

locodemy:


I would have added more to my portfolio but i will maintain the one i have there.subsequent cash including fcmb dividend will go to fbn.There is future for both stocks.I thank all of you who in one way or the other participated in this fcmb exercise/result waiting.Expect more from them.

but you posited like you had some privileged info

OBAGADAFFI:


Are banks among the brokers?

Yes

bigjay01:


I pity those that fell for the hype!

We sounded some note of caution to those who were ready to listen to other shades of opinion apart from the hype

ExLaidback:
FCMB dividend declared is a disappointment. I trust NSE bulls to finish that stock. SMH

Bears you mean.

Willie2015:


There is no pity in trading on the NSE and there is nothing like "hype". Even the best armed with fundamental & technical analysis get kicked on the NSE, but the most important thing is to hit your profit and cut your losses.

For me, I got it right loading Access at 5.40 and offloading at 7.15 junction, entering GTB at 23 and offloading at 27, got it right also with UCAP.
Zenith & FCMB(with this dividend) is definitely a loss position.

Zenith is definitely a loss position...I think we should be careful with overhype stock..dem sabi fall person hand...not all sha.

locodemy:


I thought so.Anyway the result is very good.There is no cause of alarm here.share price is already in defensive mode and will continue to be.I expected 15 kobo but must appreciate them for giving 10 kobo.2.1m naira is a good return in an investment of 22m naira not to talk of the capital gain.I appreciate.

Fly wey no dey hear word dey follow corpse enter ground.

LOCO after 6months of sleepless nights you can see the dustbin where you dump your family fund.

While last year out of church mind i personally adviced you to take advantage of FG MMM aka TREASURY bills with 22.9% true yield and use the interest to play NSE but you were forming insider informant now Balogun don use una do blood money.

Thank God if you are able to get half of your fund because FCMB fair value is 50kobo after reconstruction.

Disobey *ThE OcToPuS* and serpent will bite.

*ThE OcToPuS*

bigjay01:


but you posited like you had some privileged info

We've seen the prophets come and go. The Evansmed prophets to the Costain and Oando Prophets. Now the FCMB prophets. I'm sure this our fake prophet will soon disappear too. Its become a cycle on NSEMPA

Tritri:



Zenith is definitely a loss position...I think we should be careful with overhype stock..dem sabi fall person hand...not all sha.

But Zenith is still cool. targeting any price below 13.01 to accumulate more. If I can get some units that Oga loco get for FCMB I go happy wella

PETERiCHY:


Fly wey no dey hear word dey follow corpse enter ground.

LOCO after 6months of sleepless nights you can see the dustbin where you dump your family fund.

While last year out of church mind i personally adviced you to take advantage of FG MMM aka TREASURY bills with 22.9% true yield and use the interest to play NSE but you were forming insider informant now Balogun don use una do blood money.

Thank God if you are able to get half of your fund because FCMB fair value is 50kobo after reconstruction.

Disobey *ThE OcToPuS* and serpent will bite.

*ThE OcToPuS*

As at today most of us in FCMB are making more than 100% profit.

duni04:

We've seen the prophets come and go. The Evansmed prophets to the Costain and Oando Prophets. Now the FCMB prophets. I'm sure this our fake prophet will soon disappear too. Its become a cycle on NSEMPA

Me disappear?Na lie.I will only have to change trading strategy and join the JIJO masters.It pays than to waste time waiting for stocks to mature.

currentprice:


though fcmb have good report up to Q3 2016 but I doubt they will come out with brilliant end of d year report. Be expecting NEM type trend result."good Q's result but not too good Audit report"

rebekah2011:


This bank did 87k in Q3. This means that Q4 ended up with a loss. Wonder what Q1 2017 going to be. I don talk my own. Banks with faulty fundamentals should be exited. I suspect that another Skye bank experience is around the corner. Guys please be careful

OBAGADAFFI:


As at today most of us in FCMB are making more than 100% profit.

And how much are you losing on FO and others