BullBearMkt:

...bulls are in charge of daily, weekly and monthly chart. Yesterday, bears dominated and if allowed, could possibly drop the price down to test previous support at around 1.63. Or could create a new support above 1.63

Thank you

ORAGBON:
Be careful shaa, all that glitter is not gold

Thanks for your concern, I have been there before and an adult should be responsible for his actions or inactions.

ukay2:



Sir, how can i achieve this bold statement? Also which dates are the opening and closure of the right.....
Thanks

Your broker should be able to do that for you. My wife didn't have Lafarge, but was able to buy 10000 units of the right on the floor at between N43 and N44.5

ORAGBON:
hmnnn find out how much the lead issuing houses are taking before you put your money my broda

Marketing cost for the offer, right circular, professional fees for lawyers, accountants and the issuing house should not exceed 2%, 1.6% is usually the a average.

Lafarge spent N1.3 billion which should be about 1% of the fund raised.

Any news on CILEASING share reconstruction.
If Fidelity bank Q4 EPS is 85k,using 30- 50% Dividend policy, they could give 42k Dividend.

Comments pls

valentinenwoko:
Any news on CILEASING share reconstruction.
If Fidelity bank Q4 EPS is 85k,using 30- 50% Dividend policy, they could give 42k Dividend.

Comments pls

Be aware of Basel 3 before building castles in the air with all these dividend projections

bigjay01:


Be aware of Basel 3 before building castles in the air with all these dividend projections

Bro pls torch-light.....what is BASEL 3?

safepaulooo:


Bro pls torch-light.....what is BASEL 3?

Layman's knowledge here is that it is a set of accounting regulations that will ensure stricter capital, expense and NPL reporting for the banks.

With the attendant potential for higher costs of course.

See https://en.wikipedia.org/wiki/Basel_III for more basic info .

valentinenwoko:
Any news on CILEASING share reconstruction.
If Fidelity bank Q4 EPS is 85k,using 30- 50% Dividend policy, they could give 42k Dividend.

Comments pls

Before you project such, try checking the after dividend trend of such stocks. It won't make any sense to buy a share for N100, get a dividend of N20 and sell at N70 excluding commissions. Except you want to go the whole mile (long term).

And also don't forget that banks are expected to report huge declines in this first quarter as TB rates have dropped and is still dropping.

Gracias

emmanuelewumi:
MJ


The offer will be over subscribed, the issuing houses handling this offer are top notch, Stanbic IBTC capital, FBN Quest merchants Bank and Zenith capital.

Currently processing a N10 Million 6 months facility for this offer.

Your best bet is to buy the rights on the floor from those who won't take their rights rather than asking for additional rights.

For example, some one that have 1000 units what is he/her rights to take ? what date is the right going to open and at what price for new investor's ?

ihedioramma:
For example, some one that have 1000 units what is he/her rights to take ? what date is the right going to open and at what price for new investor's ?

9 rights for every 16 Shares held on 8th December 2017. This is primary 3 Arithmetic, iya do the division and multiplication.

According to the legendary fund manager Peter Lynch, stock market investment is not a rocket science, with a good knowledge and application of year 4 maths you can make a fortune in the stock market.

Sorry for my answer to Ihedioma, on the Treasury Bills thread he asks questions like.

If he invested N1 million at 18%, how much would he get in 100 days.

Which is a question my son in primary 4 would answer in less than 2 minutes.

emmanuelewumi:
Sorry for my answer to Ihedioma, on the Treasury Bills thread he asks questions like.

If he invested N1 million at 18%, how much would he get in 100 days.

Which is a question my son in primary 4 would answer in less than 2 minutes.

Chai

Chai! Chai!!
see stone

emmanuelewumi:
Sorry for my answer to Ihedioma, on the Treasury Bills thread he asks questions like.

If he invested N1 million at 18%, how much would he get in 100 days.

Which is a question my son in primary 4 would answer in less than 2 minutes.

.

Pa Emma don't take Ihediogrammar serious
He has just been an unrepentant clown

emmanuelewumi:


9 rights for every 16 Shares held on 8th December 2017. This is primary 3 Arithmetic, iya do the division and multiplication.

According to the legendary fund manager Peter Lynch, stock market investment is not a rocket science, with a good knowledge and application of year 4 maths you can make a fortune in the stock market.

Oga emma na new year be this oo . So the people that dont have the right at what price are they going to buy it ?

emmanuelewumi:
Sorry for my answer to Ihedioma, on the Treasury Bills thread he asks questions like.

If he invested N1 million at 18%, how much would he get in 100 days.

Which is a question my son in primary 4 would answer in less than 2 minutes.

(100/365) X 18%= 4.93% .....for 100 days.

N1m X 1.049 = N1.049m

You will gain only N49,000 on your N1m invested for 100 days.

Try and explain and don't look down on people.

No question is stupid, so don't make him look so.

Agbalowomeri:
Pa Emma don't take Ihediogrammar serious
He has just been an unrepentant clown

E be like say madam no put "shiken" for Pa Emma rice this Sunday..

Egbon ma binu

ihedioramma:
For example, some one that have 1000 units what is he/her rights to take ? what date is the right going to open and at what price for new investor's ?

9 for every 16 held. This is :

[1000(units held)/16(divisor for the units held)] X 9= [1000 X 9]/16

=562.5 units you will receive as your rights.

valentinenwoko:
Any news on CILEASING share reconstruction.
If Fidelity bank Q4 EPS is 85k,using 30- 50% Dividend policy, they could give 42k Dividend.

Comments pls

I don't think 0.85k EPS will be possible. Na small small na.

RabbiDoracle:


I don't think 0.85k EPS will be possible. Na small small na.

He didn't realise the Q3 67k is annualised

RabbiDoracle:


(100/365) X 18%= 4.93% .....for 100 days.

N1m X 1.049 = N1.049m

You will gain only N49,000 on your N1m invested for 100 days.

Try and explain and don't look down on people.

No question is stupid, so don't make him look so.

We have explained to him more than 10 times.

Another regular question of his is this,

If he invested N1 million at an interest rate of 15%, how much would he get in 4 years.

I believe an investor who can't answer basic questions like this, will do well buying mutual funds.

There is God o..
truth and bitter cola .. Serve chilled

RabbiDoracle:

9 for every 16 held. This is :
[1000(units held)/16(divisor for the units held)] X 9= [1000 X 9]/16
=562.5 units you will receive as your rights.

ONE LOVE .

emmanuelewumi:
Sorry for my answer to Ihedioma, on the Treasury Bills thread he asks questions like.

If he invested N1 million at 18%, how much would he get in 100 days.

Which is a question my son in primary 4 would answer in less than 2 minutes.

Are you saying my own good friend has a small boy brain?
Primary 4 brain?
Chai.....oga why naw!

emmanuelewumi:


We have explained to him more than 10 times.

Another regular question of his is this,

If he invested N1 million at an interest rate of 15%, how much would he get in 4 years.

I believe an investor who can't answer basic questions like this, will do well buying mutual funds.

Last paragraph though...... You see Bishop for dream?

Morning gentlemen.........for me to post at this time a man is trying to think cash!

I have gained so much from this thread, especially from fellow hardcore fundamentalists led by Ogas agba, currentprice and emma.

Thanks for 2017 and I pray we continue making cash in 2018!

Now, what is keeping me awake is this.

My portfolio is presently DF, DS, Transcorp, UBN, Fidelity, FBNH, Afriprud, UCAP and tasere Eterna.

Only red in this bull is ASL FZE, which I bought units at N7.


I need advice on which of these will be the best to open new positions
FCMB
Diamond
Access
International Breweries
Champion Breweries
Honeywell
SEPLAT.

Capital is enough to strengthen my existing position >20% while opening appreciable position on 4 of the 7 listed above.

Have done and am doing continuous DD. All advice is fully appreciated.

Bull or bear, which way

More funds should be coming in.

When will the MSCI NGE start buying for 2018??

Are they still on holiday??

RabbiDoracle:
Bull or bear, which way
More funds should be coming in.
When will the MSCI NGE start buying for 2018??
Are they still on holiday??

Na Transcorp dem keep the remaining 900+ million naira for.

Mkt likely to continue bear today

my opinion

currentprice:
Mkt likely to continue bear today

my opinion

Bull or Bear ..Anyone ok