₦airaland Forum

http://www.nse.com.ng/Financial_NewsDocs/31373_FIDELITY_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR.pdf Fidelity Bank

aremso:
http://www.nse.com.ng/Financial_NewsDocs/31365_ZENITH_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2.pdf

Trust Jim, he will not fall hands

fantastic result

This Guiness @15 I'm tempted to jump in oo

zionaigbokhan:
What is wrong with Access bank? move e no move

you talking of access what of WAPCO with all the good q2 results

Justcul:
Secure WAPCO in your portfolio, forget UACN, thank me later

I don't really understand this Wapco ooo...it should be be trading above #12+ by now

Lots of cross deals going on in banking stocks

PETERiCHY:
You think this is WAPCO with audio Earnings that is heading back to N9 if in doubt check out their over 22m offers with no serious buyers.

BARGAIN HUNTERS TAKE NOTE!

sir PETER...That offer in Wapco is only ment to deceive people, single offer of 9m@13.2 and 6m@13.2 and same individual keeps buying at 11.90 -11.95..if he needs money let him offer @12 and see what happens

Guinness on full bid...

FMN on full bid....abi result don show

Justcul:
The way FBNH will surprise people.. i just they laugh

NPL ratio reduced to 8.8%...nice one

Mcy56:
Not yet. Let me check and reconfirm

and they are about to hold board meeting for q1 2020 result

Mcy56:
Pastor what are you trying to say?
ETI result is good, or maybe I'm the one that doesn't see it well ......let me recheck...

pls has flour mills realeased their 2020 audited report

http://www.nse.com.ng/Financial_NewsDocs/31034_FLOUR_MILLS_NIG._PLC.-NOTIFICATION_OF_BOARD_MEETING_AN.pdf pls have they released their audited report for March 2020

nna777:
Should I tell them
It's a combination of two words.
The second letter in the first word is "u"

BUA CEMENT...CUSTODIAN INS....GUARANTY TRUST...which one of them

Tvegas:
Between N15 to N20

thanks

NSEstudent:
Something is wrong with Nairaland this moment

I don't really understand ooo

Pls house what is the fair price for WAPCO

Tvegas:
The best price depends on your target, i think the first question should be what is your target.

I target stocks that can pay me between 12% to 18% dividend per annum, so I can continue to buy zenith till around N20 to meet my yield target.

If capital appreciation is your goal, study a one year high and low of the stock, study its fundamental , study its 5 years trend. Then you can pick stocks that are closer to the year low. For example if you target 50% return in 1 year, you may pick GTB at N21 and plan to sell at N32. It may get there ,it may not.

thanks

What's the best price to buy zenith

haaa...were is everyone,why is the house is so quiet

stcool:
backdated how?

Did Olam and Dangote backdate?

Did UBA back date?

When the qualification date is announced...The speed at which UACN will move, you can even see the quantity available in the market is low

ok ok...let's wait and how it goes

stcool:
Qualification date is yet to be announced

what if it's back dated to 2019...what happens to those who bought in 2020

Mcy56:
About UACN unbundling:
This post is for the benefits of those who doesnt understand what the argument was about.

My understanding:
1. UACN is splitting into three after unbundling - UACN, UPDC and UPDC-Reit.
2. Each entity to deal directly with their shareholders after unbundling.
3. UACN controls 93.9% of stake in UPDC and around 61% in UPDC-REIT.
4. UACN shares remains.
5. 93.9% stake of UACN in UPDC to be pro-rated and shared in ratio 1:6 to UACN shareholders.
6. Over 61% UACN stake in REIT to be pro-rated and shared in ratio 2:1 to UACN shareholders.
7. At the end of unbundling, 2 company's shares in addition to UACN (making 3 stocks) will appear in your portfolio.....if you have the 3 already, the units in UPDC and REIT will increase.

@Onegentleguy, Uchetoba and talk2me2 have done all the talking and calculations, you may refer to their posts on the subject.

Invariably, this unbundling will end up paying off..... to the patient ones especially. We pray everything goes according to the plan.

After unbundling, UACN would have separated from its loss making arm while UPDC would strive to restrategise to deliver value to shareholders.....this started with their successful conclusion of the right issue.
Individual is now free to make his/her own choice.

I'm only scared of one thing.....THE QUALIFICATION DATE

FBNH already traded 40m units

Princkez:
https://thewhistler.ng/exclusive-imo-govt-gives-zenith-bank-14-days-to-refund-n111-5bn-inappropriate-charges/amp/

please house what do you think of this news

Marketapprentic:
What you don't know may be bigger than you
JP is now permanently at the car park 20k with the key thrown into Atlantic ocean

see the rejected stone oooo...on full bid

I just read an article that FUGAZ might be exempted from paying q2 2020 tax due to covid 19..I don't know how true this is

yMcy56:
Investors are trying to buy support generally.....not willing to bid higher.
More reason you can see huge bids at support across board.
If it goes down a bit, they shift the bids backwards again....... uncertainty situation kind of.

I believe their q2 will be good ...Let's see as it goes,just buying in tranches

yMcy56:
My other account is still banned. Had to switch to this to answer you.

Since you're looking at long term, then I'll say buy in tranches at your convenient junctions.
Fbnh is still trading at range.

If you see the table, the bulk of the bids are at 5 or below......sell pressure may send it to that region while buy pressure may not allow the price get there.
Mr. Market, outlook of things (positive or negative), approaching end of Q2, economic situations, unforeseen circumstance will play major roles here. The direction (either up or down) is still not clear......this is my opinion.

thanks dear

seems FBNH don't want to go below #5...still need more ...Mcy56 advice pls