stcool:

my insurance is Q2 Prof.

locodemy:

Better make fear catch you than Afraid to catch you....

stcool:


How much is your average cost per unit?
Depends on what price you entered...my exit is until above N1.00 and could hold longer depending on what I see.
So far I think the current management are on the right track!

RabbiDoracle:


People will understand that it is even costlier to hold a stock that trades at 20kobo than holding Nestle at N1,400.

#Rudeshock.

stcool:


Over analysis...anyways I also have fidelity in my portfolio.
CHAMS dividend policy is good and favourable for long term. Should be selling above N1.00

Krisuba:
Imagine !! For this kind market!! Chams .50 @friday!! Chaiii .this man get mission; to kill or to destroy?

phemmie06:
Boss what if mama Simbi's goat feast on the Q2 result?

stcool:


I cannot buy fcmb above N1.00-1.20k

cuteboy2:
UPDC! UPDC!! UPDC!!!

Gurus in the house. Please kindly educate us on what is causing this massive bump in UAC-Property today (+10%) from the parking lot of 1.5.
This UAC subsidiary used to be a N15 stock.

I took a look at thier Q1, 2019 result, there was nothing to write home about, just the usual massive losses.

What is happening?

Chibuking81:

So you prefer Cham that recorded profit in 2018 than FCMB that has been in business with year to year improve in earning and dividend payment, which recently acquired Legacy pension, that handle pension of civil servants, this includes some section of Rivers state civil servants and other states pension fund, they have CSL stockbroking as one of their arm. https://www.fcmb.com/node/301

FCMB might record higher EPs than Fidelity by 2019 final year goes by the level of their high jump in EPs and dividend pay out, And will likely pay higher dividend again than Fidelity in 2019 FY. https://www.proshareng.com/news/Corporate%20Results/FCMB-Declares-N14.97bn-PAT-in-2018-Audited-Results--Proposes-14-Kobo-Dividend/44617 I believed in research, remembered I have other companies that I have more interest in than FCMB, but this company is too important to ignore, for the interest of new members here.

I also do this Just to clarifying you, to avoid mistake, or buying Chimpanzee in the name of Monkey.
So you prefer Cham at 50 kobo than FCMB at #2? I was among those that talk about Cham when one of the members here mentioned them at their 20 kobo car park. But at their current price there are many companies that has better chance than them. Stocks like UBA, zenith, GTB, FCMB, Fidelity, Afriprudent.

Many have come and gone, Eterna came up for one /two season of good EPs, and started dropping down in EPs by q4 2017 and Fy 2018/ q1 2019.Likewise Dangote flour recorded increase in EPs in FY 2016 and 2017, but drop massively in all quarter in 2018, including the final year. Jberger also came up for one season and drop the next season.

Cham just record higher EPs in just 2018 final, but I doubt if 2019 final will surpass that of 2018. They will likely declare decrease in 2019 FY EPS against that of 2018 FY. Cham pls can't be compare at all with FCMB/ Fidelity.

http://phx.corporate-ir.net/phoenix.zhtml?c=217705&p=irol-dividends

Chibuking81:

Don't you think that cham on current price of 35 kobo is over price.

Current price 35 kobo
2018 fy EPs 8 kobo,

Compare it with fidelity and FCMB
1.Cham PLC current price 35 kobo x 10 = #3.50 (2018 fy EPs 8 kobo, EPs x 10 = 80 kobo.)
(Meaning 10 unit of Cham PLC will give you #3.50 and 8 EPs x 10 = 80 kobo)

2. Fidelity current price #1.72 (2018 fy EPs = 79.16 kobo)

3.FCMB current price #1.66 (2018 fy EPs= 75 kobo)

From this analysis fidelity and FCMB at #1.72 and #1.66 respectively has equivalent EPs of Cham PLC on 35 kobo base.
From this findings, one can say that Cham PLC at 35 kobo base is over price, since there are better stock to buy at cheaper rate.
Based on their earning, Fidelity and FCMB are selling at better bonanza price than Cham PLC. Buy one and get one Free.

cuteboy2:
2018 FY result was 7 times worse than 2017 FY.
So what is driving the sudden uptick in price today?

lmm4real:
Plz what is happening to PZ the thing just keep pulling me down. Any info or advice on the coy. I entered big time around #11+ and have just been nursing the pain as the ship keeps sinking.

stcool:


I cannot buy fcmb above N1.00-1.20k

Bomboclad:
Based on Fundamental Analysis (FA) and consistency, Fidelity and FCMB would be far above their current price. However, Technical analysis and market sentiments supersedes FA. Hence, this analysis do not determine the price forecaast for any stock in the market, else Caverton would be N4.0 or higher.

Bomboclad:
This is akin to asking why Japaul is on the uptrend even with huge losses. UAC_PROP moved up because someone took a gamble on it by buying it, and based on Technical Analysis, the gamble would pay off in the short term. There are 2 stocks on my dashboard that indicate an impending uptrend in the coming days/weeks and both of them have negative EPS.....not surprising to me.

My advice is, if you are not an expert trader, ignore UAC_PROP, if you jump in, it would likely tank on you.

master,which are these two stocks!

DOLLARTEX:
bomboclad!

PharmAlfred:
The number one problem of the market today is this administration. Many people/investors don't want to do business in Nigeria.

The market may experience a longer lull. No catalyst. No investor friendly policy. No drive to make things better.

For Ghana to be attracting a higher FDI than Nigeria, tells it all.

How many days since after inauguration, no reasonable appointment has been made. And some one will sit somewhere and say Buhari is doing well.

Bomboclad:
Focus on your circle of influence and ignore your circle of concern. While you complaining, people are making a kill from this market, whether it moves up or down. "Sharpen your saw" and focus, the key is right before you.

PharmAlfred:


Chief, i disagree with you on this. Which people are making a kill in the market? Aside MTN, which stock has rallied in the last 2months? Do you know how much loss people are sitting on. Talking about circle of influence, the larger macro economic environment determines if I make money on The NSE or not. So, I should be concerned about it. How much have you made from the market this year?

A lot of us here are only here because our money is tied on the NSE and may be significant losses are staring us in the face, so we congregate to keep hope alive.

dipoolowoo:
Oando Disagrees with SEC’s Decision to Cancel AGM
https://businesspost.ng/2019/06/11/oando-disagrees-with-secs-decision-to-cancel-agm/

Mpeace:
The one that would finally finish oando is when sec will say no result until the case is concluded.