FBNH 10%

Infinitisi:
Number of visitors to thread - increasing

Number of guest on thread - increasing

Number of newbies seeking advice on investing in shares - increasing

Number of posts per day on NSEMPA - increasing

Number of analysis on thread (including the good, the bad and the ugly) - increasing.

Number if fights/quarrels on thread - decreasing.

The bulls are truly here

all breaking out
#fomo

UBA....Breaking and tearing LIMITS.

Next Breakout is KM 11......then KM 13....


Year 2020......Double Double Bubble

UACN.....well done

Am sure oga Locodemy. ....de laf at Oga PETEROOOO


WAPCO. ....JUST bought fuel for FAR Journey. ...KM20....

lancee:
If ...fbnh ..bid

Fbnh na full bid Jare.

Someone said "sell and go away" without justification, all the losses dem inccur before, which time dem go recover am? No be bull time?
Some pple might still be waiting for breakeven self.
Anyone that wants to go away is free to do so, in fact, door is wide open, those who will grab it are at the door entrance.

Cadillac15:


You are not a newbie.

For those the message is meant for, this guy is one of the main people that will laugh at you for being foolish after dumping on you and leaving with your money till November.

I will laugh at you too.


Sell now and go enjoy your loot.

Once u re in a dividend paying stock don't think u need to panic ..[Don't get me wrong sir ]But u can reduce ur exposure /holdings if u wanna ..unless u wan get out now on cap appre depending on ur entry point and later come back to buy at any price ..If u re lucky if there is a nice pullback
MY Oga did that as well ...same me... to chop div with remaining
*My opinion * U re respon for ur porft


Meanwhile ..nice 1 fbnh

ukay2:
Am sure oga Locodemy. ....de laf at Oga PETEROOOO


WAPCO. ....JUST bought fuel for FAR Journey. ...KM20....

Haaa.peter na my man o.

Na Onifa I dey look with one kind eye now.

onegentleguy:
Closing Prices:
ACCESS- N11.20 ...20k above its previous 52-weeks high.
UBA- N8.45 ...5k above the last 52-weeks high.
FBNH- N7 ...N2 below its last 52-weeks high.

Technically, all 3 coys are playing out a similar trend of higher lows with a push for higher highs !!
Perhaps it's time to tap into the last coy(FBNH)
...the probability that u can gain that N2 margin from it is near 1.

Elsewhere, it'll be wise to keep a close eye on AIICO !!
...that 'dude' has be making above average vol with signs of a trend reversal in the last 3 trading days.

For those still seeking for where to invest; there is still more than enough room for reward(feasible ROI) in CAVERTON, FCMB, FIDELITY, ETI, GTB, ZENITH, UACN, WAPCO and TRANSCORP.
...including the 3(ACCESS, UBA and FBNH) highlighted above !!

NOTE: Following ur instinct should still take higher precedence ahead of this post. Due diligence still applies.

It is well.

lancee:
If ...fbnh ..bid

Calebbold:
FBNH 10%

It(FBNH) has closed 'shop' for the day.
...expect a mark up in price tomorrow !!

#driveto52weekshigh
#VALUE

It is well.

onegentleguy:
FCMB, CAVERTON, AIICO, TRANSCORP, ETI and WAPCO might be the better plays to tap from(reward margin in view) at the moment !!
...they still have enough room for returns.

Elsewhere, FBNH, ACCESS and UBA doing some folks proud !!

A word they say...

NOTE: NOT to be infered as a recommendation.

Again folks should NOTE the post above.
...those coys are still presenting u with an opportunity before they move.
Upswing might be pacy then.

Enough said !!

PETERiCHY:
For the NEWBIES

UACN is currently recovering from it 10yr low.

Since their major problem (UPDC losses) has been identified that brought about the UNBUNDLING EXERCISE.

(UPDC recapitalization take place within Q1 2020 while the UNBUNDLING of the subsidiary UPDC and UPDC REITS will take within Q2 2020.

What their MARKET MAKERS are trying to do now is simply SHAKE OUT weak HANDS.


Give and take fair price is above N20.

*ThE OcToPuS*

It's TIME to start averaging up on UACN .
Because by the time this mad cum dangerous BULL hit the COMSUMER GOODS sector our next port of call will N12 junction.

BARGAIN HUNTERS TAKE

Mcy56:

Fbnh na full bid Jare.

Someone said "sell and go away" without justification, all the losses dem inccur before, which time dem go recover am? No be bull time?
Some pple might still be waiting for breakeven self.
Anyone that wants to go away is free to do so, in fact, door is wide open, those who will grab it are at the door entrance.

PETERiCHY:


It's TIME to start averaging up on UACN .
Because by the time this mad cum dangerous BULL hit the COMSUMER GOODS sector our next port of call will N12 junction.

BARGAIN HUNTERS TAKE

A beg make the wait for me a little

PETERiCHY:
UBA now N8:90 and still counting.
Jejebaba mood rightnow

He be like say the 5 years forex loan I took will be liquidated in less than 6 months by this bull oo.
It's too early to say though before paper profit disappears.

Just calm down. Collect your money, pay back the loan and enjoy your loot. This UBA must catch up with Access. That bold move of staff realignment carried out within the Bank is positive for the bottom line going forward.

Jejebabaa:



He be like say the 5 years forex loan I took will be liquidated in less than 6 months by this bull oo.
It's too early to say though before paper profit disappears.

Jejebabaa:



He be like say the 5 years forex loan I took will be liquidated in less than 6 months by this bull oo.
It's too early to say though before paper profit disappears.

Sir, if your in UBA house....just de sip coonuu with Elemelu. .....u don hammer

lancee:




Once u re in a dividend paying stock don't think u need to panic ..[Don't get me wrong sir ]But u can reduce ur exposure /holdings if u wanna ..unless u wan get out now on cap appre depending on ur entry point and later come back to buy at any price ..If u re lucky if there is a nice pullback
MY Oga did that as well ...same me... to chop div with remaining
*My opinion * U re respon for ur porft


Meanwhile ..nice 1 fbnh

Yeah. I get. The euphoria can make those who have not experienced it b4 to think it will continue like this. Until they come tomorrow and dont see any bid.

Then they will lose the small one they could have taken today.

Be fearful when others are greedy

Cadillac15:


Yeah. I get. The euphoria can make those who have not experienced it b4 to think it will continue like this. Until they come tomorrow and dont see any bid.

Then they will lose the small one they could have taken today.

Be fearful when others are greedy

Got u sir. ...One shld stick to what works best ones porft

Agbalowomeri:


The bear na 2 years o
From Feb 2018

Some stock automatically turn me to longterm investor.

Cadillac15:


Yeah. I get. The euphoria can make those who have not experienced it b4 to think it will continue like this. Until they come tomorrow and dont see any bid.

Then they will lose the small one they could have taken today.

Be fearful when others are greedy

You are a Special breed !

On the contrary, its a plus for investors(shareholders) as less staff strength means less cost line(admin expense etc) which would translate to higher earnings/profit margins from higher savings.
Though the impact in profit margin(NPM) from it may be minimal in the short term, given that the bank followed up the mass sack with an increased salary pay accross the core of its staff strength.
However, in the mid to long to long term, this move will surely bring about a visible positive impact on the banks income line as explained above.
...so the move is actually a plus/positive for investors.

Now let's look in on what could've been the motive or drive behind it:

1st off, before u blame the bank, blame the system !!
The mass lay off(sack) and disproportionate recruitment accross board from several companies/firms is not just a 'UBA thing'. ...it's the result of the structural difficiencies in the system !! ...it's the result of a weak economy brought about by long standing policy flip-ups and indecisions on the part of our leaders.
I have always said that there's a strong disconnect between the fiscal and real side of the economy.
So companies struggle for growth. ...and look to harness every means to achieve it.
The banks aren't left out. The reason why Nigerian banks do less of core banking business(more investment driven) is because of the harsh terrain. The usually weak macro end of the economy means that they are less inclined to core banking drive and more inclined to seek(and tap) opportunities of arbitrage gains.

Secondly, the push for technological drive with banking(e-banking etc) means that a far less workforce can be implored to achieve more, hence the need to downsize and save cost.

Thirdly, UBA is a quoted company. ...and what that means is that the management of the bank will always have to seek what's in the best interest of its DEPOSITORS and INVESTORS(stakeholders), well before its staffs/workforce ...unfortunately, this is the sad truth.

While I sincerely sympathize with those who could have been negatively affected by the said sack, I'll also like to think that the bank may have decided on this move given the 3 points highlighted above.

The lesson: Just like the best time to prepare for the next examination is the moment u rounded off on the last one, the BEST time to prepare for the next job(or better still, lay a proper ground foundation for the future) is the moment u got that job.
...put differently; a wise person sees their job, not just as a job, but as a seed to plant in on their future and see through it to germinate !!

Nigeria is a difficult terrain. ...it's not easy to be a Nigerian !!

This article I wrote in the past might be of help to those who might be seeking for answers that are related to these worries.

https://www.booksie.com/554311-the-1st-basic-secret-to-financial-freedom

rebekah2011:
Just calm down. Collect your money, pay back the loan and enjoy your loot. This UBA must catch up with Access. That bold move of staff realignment carried out within the Bank is positive for the bottom line going forward.

U are absolutely correct about the positive from the recent staff downsizing by UBA.
Just yesterday, I wrote the post above to someone who felt that the impact from the move will be bad for shareholders.
...UBA, like ACCESS has in recent times been making the right moves to grow their income line !!
That said, ACCESS is still ahead of it in our pecking order.

It is well.

Wapco relentlessly building up volumes in consecutive days.
Prize soon to zoom off in same order.

OakPearl:
Wapco relentlessly building up volumes in consecutive days.
Prize soon to zoom off in same order.

Another zone for easy 100% niyen

rebekah2011:
Just calm down. Collect your money, pay back the loan and enjoy your loot. This UBA must catch up with Access. That bold move of staff realignment carried out within the Bank is positive for the bottom line going forward.

I read the news and I knew Elemelu means business this year 2020

UBA.....recruits 4,000 new staff, promotes 5,000 old staff and increase staff salaries upto 170%

Just imagine. ...aggressive core banking this bank is planning. ..to catch up with Access and ZENITH

https://nairametrics.com/2020/01/04/uba-recruits-4000-new-staff-promotes-over-5000-staff-members-increases-salaries-up-to-170/

ukay2:


Sir, if your in UBA house....just de sip coonuu with Elemelu. .....u don hammer

I pray so sir, though UBA is 70% of my portfolio.
Thanks oga mi sir.

arduino:


Don't know what is holding JBerger from entering this "Stealth Movement Mode"

OakPearl:


JB is an earth mover.
When it moves, nothing can stop it.
Little more patience.

Oga arduino, I hope you are still in JB aircraft?
Gained nearly N2 today.
995k bid Vs 50k offer.
Fasten your seatbelt though.

Cadillac15:


Yeah. I get. The euphoria can make those who have not experienced it b4 to think it will continue like this. Until they come tomorrow and dont see any bid.

Then they will lose the small one they could have taken today.

Be fearful when others are greedy

People go soon gentle.

Jejebabaa:



He be like say the 5 years forex loan I took will be liquidated in less than 6 months by this bull oo.
It's too early to say though before paper profit disappears.

That will be a good one bro..thats the way to go

Dangcem. ....OFFICIALLY Zoomed Off


From KM 139 to KM 162 today...about a week and some days I made enquiry about buying it in February

It's good to be liquid all the time. ...because opportunities will always open


Oga RabbiDoracle. .....is very LIQUID NOW in Dubai

I thank those that have bought from me.

You were warned.

ukay2:
Dangcem. ....OFFICIALLY Zoomed Off


From KM 139 to KM 162 today...about a week and some days I made enquiry about buying it in February

It's good to be liquid all the time. ...because opportunities will always open


Oga RabbiDoracle. .....is very LIQUID NOW in Dubai

Over.

After broker's magic, here go empty.

Market almost rounding up ..Watching ..will see how go be today

Fbnh ..still keyz