Chibuking81:
So far so good let discuss little about some stock pick. Two stocks cut my attention, and they are: Zenith bank and Jberger
1. Zenith, EPS improved from #5.53 last two years final year to #6.15 last year final, with them paying the highest dividend so far in NSE (#2.50 + .30 total #2.80), based on their unit price/ PE.
From their current price they have good upward potential.
2. Jberger, EPS improved from #3.61 last two years to #5.30 last year with dividend payment of #2, if they maintain good q1 2019, they will be among the top performing stock this year.
These stocks needed patience once invested on, market is generally dull this period, but will surely move this year when the time come.

Caution: Not a recommendation, further research needed.

Nice one sir, that is always why I find it hard skipping your posts and that of oga Loco, despite the fact that it misses targets atimes, but there is a lot to be learnt. Both of you try to sensitive one on some good stocks that is being generally overlooked.
One of the best way to be successful in Stock Trading is to learn from others mistakes and one's mistakes , although I prefer the latter (cos av got little capital o, so I can only make mistakes which I can afford). Keep up the good work sirs . And kudos for putting a caveat this time around .

Valueinvestor:

Hmmm, we must know that for every seller, there is always a buyer, time will tell, which one of them has actually made the right decision. Someone also stated here that access might get to #3(Hmmm, that is not impossible, if fbnh could get to 2.97 some years back ),of course we all know why fbnh came to that level as at then, does the same thing apply to access (in terms of fundamentals). For access to get to #3.00 it's either something terrible has happened to its fundamentals or there is a general bear which might likely pull the ASI to a region of 25,000 and below. If this ever happens am sure zenithbank would be trading in the region of #10,i would then rather advice picking zenithbank at #10,then, rather than buying access at #3

investors are scared of the unknown,post merger result is the fever.you are on point.

DOLLARTEX:
investors are scared of the unknown,post merger result is the fever.you are on point.

Diamond bank would have posted another worst result, that's why the hurriedly merged without releasing any result. And Access release a result with great increase in their EPS which they would have not release it they didn't talk about merging ( I see their current result as been manipulated).

Since they merge, and it will take effect on April 1st, Access bank total number of outstanding share which will share their earning will increase once the Diamond bank reconstructed share is been added. Since no much earning from Diamond bank, the EPS of the new Access bank will reduce greatly.

Except as usually the report q1 2019 result without the inclusion of Diamond bank. I suspected something like that, since they shifted the kick start of the take off of the two bank to start from April 1st being the beginning of second quarter.

Meaning that q2 result will determine the direction of the new Access bank.

Chibuking81:

Diamond bank would have posted another worst result, that's why the hurriedly merged without releasing any result. And Access release a result with great increase in their EPS which they would have not release it they didn't talk about merging ( I see their current result as been manipulated).

Since they merge, and it will take effect on April 1st, Access bank total number of outstanding share which will share their earning will increase once the Diamond bank reconstructed share is been added. Since no much earning from Diamond bank, the EPS of the new Access bank will reduce greatly.


Except as usually the report q1 2019 result without the inclusion of Diamond bank. I suspected something like that, since they shifted the kick start of the take off of the two bank to start from April 1st being the beginning of second quarter.

Meaning that q2 result will determine the direction of the new Access bank.

One of the ọ̀gá for this forum said it earlier that he won't believe access bank eps until the Q2 result is out. Anyway it is a win win for Diamond bank. Truly dead bone can still rise.

phemmie06:


Na negative dividend they will give which means their shareholders are owing them and they will collect dividend from them through right issue

Those of us that bought and still holding DAAR Communications, Beco Petroleum, and Union Homes since 2007/2008 can definitely relate with this statement. We don pay negetive dividends tire.

10.32.........Transcorp no trade yet.Is anything wrong?

If expensive at 1.26,better make e come down to make price attractive.

arduino:


Those of us that bought and still holding DAAR Communications, Beco Petroleum, and Union Homes since 2007/2008 can definitely relate with this statement. We don pay negetive dividends tire.

Hmmmm. DÁAR fraud or Dokpesi fraud. That was one of the stock I bought wrongly, even for fear of reduction of allotment of unit I subscribed for I bought with two names after using my dad name. But lo and behold the cost of processing it into one name or dematerialization is higher than the value. So na sit down look mode I de cos I no fit pay them anymore. What about Chams or charms even union diagnostic private placement, transcorps never touch the ipo price since then.

phemmie06:

Hmmmm. DÁAR fraud or Dokpesi fraud. That was one of the stock I bought wrongly, even for fear of reduction of allotment of unit I subscribed for I bought with two names after using my dad name. But lo and behold the cost of processing it into one name or dematerialization is higher than the value. So na sit down look mode I de cos I no fit pay them anymore. What about Chams or charms even union diagnostic private placement, transcorps never touch the ipo price since then.

Can't so laughing......
Dokpesi and his gangs of robbers dealt with many Nigerians then.
Lesson Learnt: Never purchase Nigerian company shares through IPOs and PP.
shikena

It is sad. One of the things SEC said they are going to do is to dematerialise shares of quoted companies by working closely with registrars of the listed companies. If you have already opened a CSCS accounts, I do not see any reason why we should still be made to pay for one useless dematerialization again. Japaul up to date is still yet to credit my CSCS accounts with the rights I bought at N3.95.

phemmie06:

Hmmmm. DÁAR fraud or Dokpesi fraud. That was one of the stock I bought wrongly, even for fear of reduction of allotment of unit I subscribed for I bought with two names after using my dad name. But lo and behold the cost of processing it into one name or dematerialization is higher than the value. So na sit down look mode I de cos I no fit pay them anymore. What about Chams or charms even union diagnostic private placement, transcorps never touch the ipo price since then.

Morgan down?

Custodian Investment to Pay 30 kobo Dividend as Profit Sheds 2.8%
https://businesspost.ng/2019/03/28/custodian-investment-to-pay-30-kobo-dividend-as-profit-sheds-2-8/

market dull...wat wud next week bring...??

DAILY STOCK MARKET GUIDE FOR 28 MARCH 2019

MSCI Nigeria reshuffled her portfolio (no new money) playing more on the selling side for 27 March 2019, as expected values of banking sector held reduced. Fund is founding Sterling bank as replacement for Diamond bank. For now the market is still risky, better to wait till next week for things get stabilized.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

DAILY STOCK MARKET GUIDE FOR 28 MARCH 2019

MSCI Nigeria reshuffled her portfolio (no new money) playing more on the selling side for 27 March 2019, as expected values of banking sector held reduced. Fund is founding Sterling bank as replacement for Diamond bank. For now the market is still risky, better to wait till next week for things get stabilized.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

how do one sell sterlin bank?

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/25430_CHAMS_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Almost 63m units traded on chams. The stock is awoke by the result. EPS of 7k/8k as against loss of 27k/37k.

arduino:


Those of us that bought and still holding DAAR Communications, Beco Petroleum, and Union Homes since 2007/2008 can definitely relate with this statement. We don pay negetive dividends tire.

Chai, me too I have some stocks that I have already converted to WILL for my great grand children.

Anyway gone are the days of following some so called analyst blindly

"Listen to suggestions from people you respect. This doesn't mean you have to accept them. Remember it's your money" - Walter Schloss.

please has FBN and OANDO released end of the year results for 2018? any dividend? please I need answer.

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/25430_CHAMS_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

See as Chams shellholders just dey bring their age-long kayas out in millions.
They are out of debt now.......but still very dangerous to go near.

Chai! Anyone relieved of that load here should come and pay thanksgiving offering.
Oga Aremso, jamace, Mpeace are you among? Dont hesitate to pay.

Which kind of 'wicked' cross bids is wema doing? I hope it's for good.

Mascotlawman:
please has FBN and OANDO released end of the year results for 2018? any dividend? please I need answer.

Not yet.

Mcy56:
Which kind of 'wicked' cross bids is wema doing? I hope it's for good.

its damn alarming... the orders of people that bid are yet to be fill at the same prize of the cross deal

Oando results will still have to be vetted by Financial Reporting Council of Nigeria.First bank is always fond of giving lame excuses that it is a holding company.

Mcy56:

Not yet.

Mcy56:
Chai! Anyone relieved of that load here should come and pay thanksgiving offering.
Oga Aremso, jamace, Mpeace are you among? Dont hesitate to pay.

I no dey there o.

Dividend declared is 35k plus the interim of 10k. Total dividend of 45kobo

dipoolowoo:
Custodian Investment to Pay 30 kobo Dividend as Profit Sheds 2.8%
https://businesspost.ng/2019/03/28/custodian-investment-to-pay-30-kobo-dividend-as-profit-sheds-2-8/

Can someone tell me what is going on with WEMA shares, over 1billion shares traded already,

Mfunkynation:
its damn alarming... the orders of people that bid are yet to be fill at the same prize of the cross deal

1.7Billion+units now. Or another merger coming?

jamace:
I no dey there o.

Lol.

rebekah2011:
Dividend declared is 35k plus the interim of 10k. Total dividend of 45kobo

Think they tried now.