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Nigerian Stock Exchange Market Pick Alerts - Investment (2577) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Calebbold: 6:13pm On Aug 30, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 6:13pm On Aug 30, 2017
Intendy:
stock with new 52 week lows

Mobil #165.11k

no new 52 week highs

Waiting for Mobil at Km80... grin Cutlass sharpened.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 6:18pm On Aug 30, 2017
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 6:19pm On Aug 30, 2017
We learn everyday. I believe Chibuking has learnt something new today. The market will keep throwing up surprises. Just understand what you are after and stick to it.


Fidelity really did well this time around. What is Fidelity's P/E now @Stcool? and PEBV and kindly compare it with Diamond and FCMB.

Some gold might just be lying unnoticed.
Cc:
Pluto
all.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:19pm On Aug 30, 2017
pluto09:




We have discussed it here before
fcmb os is 19.8b
PAT is 3b.
eps is PAT/os ; 3/19.8=0.15
When you annualised, you multiply by 2 which gives us 0.3 which is exactly what they did..
They did not do any wrong actually but as investors we should shine our eyes and not be deceived by headlines.
Fcmb eps at H1 2017 is 0.15 and not 0.3

Thanks a million for the clarification, it helps.
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 6:19pm On Aug 30, 2017
Coolcash1:


Waiting for Mobil at Km80... grin Cutlass sharpened.

If you knew what is making shed weight mindlessly you would sharpen your cutlass for something better cheesy cheesy

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Calebbold: 6:22pm On Aug 30, 2017
Diamond is a great stock no doubt. My only fear is their loan provision. H2 loan provision is usually quite highly than H1 since 2015. If they get it right by q3, I will increase my holding.
Mpeace:
You guys should stop comparing FCMB with fidelity. Fidelity is far better than FCMB and should only be compared with diamond bank which is even better than both. NB fidelity has a higher OS than Diamond bank.
And as for that person that says FCMB makes better profits in q3, look well and see that they actually made a loss last q3. qoq.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:22pm On Aug 30, 2017
Calebbold:
Fcmb q2 profit is 3.019 billion while the outstanding share is 19.8 billion. 3.019 ➗ 19.8 = 0.15 EPS

That's good, thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 6:23pm On Aug 30, 2017
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 6:31pm On Aug 30, 2017
grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:35pm On Aug 30, 2017
Never love a company, love your game.

7 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 6:36pm On Aug 30, 2017
Analysis and Para-Analysis.

Mr. Market and Market Markers ultimately (to an extent though) decides....
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 6:36pm On Aug 30, 2017
nio68:



I hope you too would not be going on vacation to South Africa soon grin grin

wicked man grin grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 6:43pm On Aug 30, 2017
Calebbold:
Diamond is a great stock no doubt. My only fear is their loan provision. H2 loan provision is usually quite highly than H1 since 2015. If they get it right by q3, I will increase my holding.

With the H1 results of the 3 banks, I will choose Fidelity over the other if they were to be selling at the same price. We should also note that Fidelity result is audited which makes it more reliable than the other two.
And besides the efficiency ratios favor Fidelity..
Diamond is a bigger bank and should be doing better but they have been bogged down over the year by high impairment charges.

I expect a spike in NPL across board going into H2 for all the banks hence I will advise that we all should take a cautious approach in buying bank shares going forward.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 8:53pm On Aug 30, 2017
Pls what is happening to multiverse PLC and deap
capital
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 8:54pm On Aug 30, 2017
Any news on DVCF Oil and GAS FUND. Pls has sec started returning money to unit holder
Re: Nigerian Stock Exchange Market Pick Alerts by vickyblase2(m): 9:24pm On Aug 30, 2017
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Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:29pm On Aug 30, 2017
mendes911:


I doubt market is bleeding yet, wait till GTB and Zenith starts bleeding.

I take side eye dey look all these guys buying fidelity. They must know what I don't know.
You dont see well grin look at oando what are people buying it now doing with it ? .
Re: Nigerian Stock Exchange Market Pick Alerts by igboboy3(m): 10:13pm On Aug 30, 2017
Intendy:
stock with new 52 week lows

Mobil #165.11k



I can't understand why Mobil is tanking the way it is.

Apr 2017 - The SP was 385 naira; barely six months later it is now at 165 naira. Yet, nothing major has happened to the company. The new owners, who bought 60% equity, don't seem to be doing too badly. or are they? The last result was not a great deviation from the industry average. It has always been a solid company with excellent corp. gov.

My best guess is that the new management/ some big fish is trying to mop up stock and is doing the initial dump so reduce SP.

The thing taya me.
Re: Nigerian Stock Exchange Market Pick Alerts by gamaliel9: 10:34pm On Aug 30, 2017
@valentinenwoko Yes,Unity Registrars sent me their e-dividend form, i filled and took it to my bank to be signed and stamped. After, I scanned it and sent it back to them through email. I was paid after three weeks.
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 11:05pm On Aug 30, 2017
gamaliel9:
@valentinenwoko Yes,Unity Registrars sent me their e-dividend form, i filled and took it to my bank to be signed and stamped. After, I scanned it and sent it back to them through email. I was paid after three weeks.

Pls when was this payment, can u explain further
Re: Nigerian Stock Exchange Market Pick Alerts by valentinenwoko: 11:05pm On Aug 30, 2017
valentinenwoko:


Pls when was this payment, can u explain further
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:45am On Aug 31, 2017
Zhirinovsky:
Which do you refer as a corrective bounce sir, the surge from N66-N96.5? or the present downtrend

yess boss
the surge is a corrective bounce in TA terms !
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 1:01am On Aug 31, 2017
robobo:


Thank you Oga fxuser.
i wld appr8 if u respond to this enquiries i raised some days back
cos u still feel this is a retracement while it is looking like a reversal

Brotherly
sorry for the late response
i see your concerns all well & clear, very scary pull back.
see: https://invst.ly/4yw6i
However , if we apply Fibs, its still within d parameters of a retracement
Lets see how the next 4 weeks go.
Also, have a look at d banking index (5 weeks ongoing pull back)
Nice one ..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Zhirinovsky: 2:56am On Aug 31, 2017
Tnkx Sir the
fxuser:


yess boss
the surge is a corrective bounce in TA terms !
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:19am On Aug 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 8:05am On Aug 31, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by kokobaba: 8:37am On Aug 31, 2017
PharmAlfred:
We learn everyday. I believe Chibuking has learnt something new today. The market will keep throwing up surprises. Just understand what you are after and stick to it.


Fidelity really did well this time around. What is Fidelity's P/E now @Stcool? and PEBV and kindly compare it with Diamond and FCMB.

Some gold might just be lying unnoticed.
Cc:
Pluto
all.

I will also pick fidelity ahead of diamond and fcmb based on their latest result. The stock market is unpredictable and always full of surprises. with my little experience in d market, have learnt that there should not be any allegiance to any company cos nobody knows what will happen tomorrow. years back, oando was N100 plus, but today is less than N10. likewise stocks like fo, Skye bank, fbnh etc. longterm investment is very good but the major problem in Nigeria is the unstable economy, policy changes, corruption and greed, corporate
governance issues, lack of trust etc.
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 8:46am On Aug 31, 2017
Intendy:
stock with new 52 week lows

Mobil #165.11k

no new 52 week highs


hmmmmm signal

Tread carefully
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 8:57am On Aug 31, 2017
Long term is long dead in this our market. Managers of businesses in Nigeria are not that patriotic again. They just want to kill the business now.
kokobaba:


I will also pick fidelity ahead of diamond and fcmb based on their latest result. The stock market is unpredictable and always full of surprises. with my little experience in d market, have learnt that there should not be any allegiance to any company cos nobody knows what will happen tomorrow. years back, oando was N100 plus, but today is less than N10. likewise stocks like fo, Skye bank, fbnh etc. longterm investment is very good but the major problem in Nigeria is the unstable economy, policy changes, corruption and greed, corporate
governance issues, lack of trust etc.
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 9:01am On Aug 31, 2017
http://www.thisdaylive.com/index.php/2017/08/30/wigwe-banks-cannot-provide-for-power-sector-loans-because-its-systemically-important/
One has got to be afraid for the banking sector with statement like this. What was Wiwge saying, systemic important sector? Are banks not supposed to do their due diligence before granting loans to the power sector. If the loans has gone bad, provide for it. I wonder what view their auditors had concerning this matter.
Re: Nigerian Stock Exchange Market Pick Alerts by 735i(m): 9:46am On Aug 31, 2017
A brewer is brewing something

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