₦airaland Forum

fxuser:
'' There are two components to a successful trade -- direction and timing. If one component is wrong, the trade is wrong ''
- PeterLBrandt

#random

For some NSE stocks like FO, you have to add a sentiment factor and a Jujuism coefficient to the equation.

pluto09:
PAT is 9.7b while PBT is 11b.
And what I like most is the low impairment charge(8 .7b). Kudos to you guys at Fidelity

What was the dividend yield last year? With a fall in PAT one expects the div yeild to at most stay the same. Hope we are not going back to the days of Oceanic with these banks!

Tritri:
Has FO bottom out at 45?? yours truly want to join the movement...

Me I don already enter. I will add next week if I can get below 45. But it appears that any time it dips below 45 people quickly bid it up.

Dumping Diamond ongoing. ..

Looking at Transcorp.

Looking for Zenith at N12 b4 closure date.

Morning all. I am considering jumping into Nestlé today. Your views welcome.

Coolcash1:
Good question... Honestly, it's a case of yes and no for yours truly...Stocks I made a kill from include, MOBIL, TOTAL, DANCEM, NBL, DANFLOUR, SKYE...Stocks that gave me below 30%; GTB, Livestock

Loss producing stocks include; Guinness, GSK, Fidelity, Zenith, CCNN, crazy Champion, Oando, Seplat (bought at #650 and had to take massive loss to move on but retained just few units for future recovery).

Capital exposure to the market is over 10M

With the good news of oil recovery, government's plan to float euro bonds and push for a true flexible exchange rate I am certain 2017 will be greener

Happy new year in advance folks.

Do you work full time on this? You do get into a lot of stocks. Why not specialise on just one or two sectors? You may do better with your high capital base.

Zhirinovsky:
Mehn! I don't want to sound naive but I was expecting guys here to be realizing between 80-200% ROI for the year ended. Unless you guys are trading with large capital sha. Fear catch for that guy asking N100 million question! Na hedge fund hm dey run? Anyways sha, I want to appreciate y'all. You are all super intelligent and 2017 will be a better year for all of us.
Thank You.

No harm dreaming and preparing for those dreams coming true.

Tritri:
@IHelp That great. I think i will come back here this time next year to be the best 2017.

DID ANYONE MAKE ABOVE 30%?

-ve or +ve?

fxuser:
Forte Oil
full offer

Ucap
profit taking ongoing

They don do end of year Africa Billionaire list finish, so FO go fall.

fxuser:
Dats roughly about 4m+ units of GTB or almost 7m units of Zenith

Yeah. Found that only those two and Access, UBA and FBNH have the liquidity.

How should one manage N100m capital in the NSE? Can one JIJO with that kind of capital? Which online trading brokers can best handle a quick in and out of that magnitude? Which stocks have the required liquidity?

austinkenneth:
Please house, what happens to the shareholders of a delisted company? Do they get anything in return?

Depends on the reason for the delisting. If it is due to bankruptcy you get nothing.

maishai:
Traders in the house pls how liquid is wema bank...I am eying it for jijo things

Not very..

Godisfaithful:
Sir, i'm very sorry for my recent opinions. What's on ground needs serious attention by the central government. The president is just postponing the doom day which no one will ever pray for. This is not the time to keep given out excuses but time to free the economy with free trade policy, starting from our foreign exchange. We are import consuming country...95% of what we consume here is imported and we are not producing anything that will be self sufficient. Forget crude oil price volatility, USA shale wouldn't allow OPEC to have a laugh last. If the economy is free with free trade policy (Not controlled economy that we operate presently) everything will start normalizing. Don't expect FDI and FPI as long as our dear "Do nothing" President is still operating on economy policy deficiency syndrome? Once again, I'm sorry but i have to let everyone know that 2017 might be tougher(We are praying and hoping not to be so) if drastic changes are not implemented ASAP.


Let's remember, HOPE is bad for investment and business!

I believe we are at a huge historic turning point. There are no quick and easy fixes but time and doing the right things. The time it will take to do the change depends on the skill of those leading, and of followership to understand the inevitability of change.

db15:
My ogas, I greet. Please I need your opinion. If shares were bought through ipo and without any stock broker. Now I wanna get all dividends and subsequently have dividends paid into the account. do I or must I register with a stockbroker first or I can just fill e-dividend forms.

Have you received dividend warrant and bonus certificates posted to your address before? If so you may just fill the eDividend forms. If not you may have to see the registrars to sort out issues. Brokers get involved only if you want buy more shares or sell some of the ones you have.

fxuser:
FCMB
- long legged bullish hammer today ! umm

That hammer no get head to hammer this time.

Primetech:
Our platform is suspended as the regulators conclude approval of succession of key management positions. Link should be running on 4th Nov. 2016.

Signed
Management.

This does not make sense. NSE should say something. How can you suspend a trading company that is catering for so many clients, without notice, just because they are changing management?

locodemy:
I got fcmb today at #1........set for another rally

It could go down to 80 kobo b4 Jan 17.

Chibuking81:
Between now and two years coming, the chances of stocks moving up to the northern pole is higher than moving down to southern pole.

Now is a good time to invest, many that invest now will turn to billionaire and millionaire within two/ three year coming. (jijo ideology should be suspended for now)

1. 60k/90k stocks, like skye bank, unity bank and fidelity bank will likely move up to ₦6 within two/three years.

(a)@60k * 1,000,000 unit = ₦600,000 (six hundread thousand naira). If it move up to ₦6,
'@₦6 * 1,000,000 unit = ₦6,000,000.(six million naira)

2. ₦1/₦2 stocks, like diamond bank, fcmb, UCAP, AFRIPRUD and transcorp will likely move up to ₦8 within two/three years.
(a) @₦1 * 1,000,000 = ₦1,000,000 (one million naira) if it move up to ₦8
@₦8 * 1,000,000 = ₦8,000,000 (eight million)

3. ₦2.50/₦3 stocks, like Eterna and FBNH will likely move up to ₦15.
(a)@₦2.50 * 1,000,000 unit = ₦2,500,000. If it move up to ₦15.
@₦15 * 1,000,000 = ₦15,000,000.

4. ₦3.80/₦4 stock like UBA and Dangoteflour, will likely move up to ₦18

5. ₦5/₦6 stocks like Oando, Access bank, CCNN, Dangote sugar and UBN will likely move up to ₦25/30.

6. ₦14 stock, like zenith bank will likely move up to ₦45

7. ₦36/41 stocks, like okomu oil and Julius berger will likely move up to ₦100 and so many others too.

I remember when someone recommended buying FO on SMN when it was around N15, and we all laughed and called him a Prophet. Many of us must have regretted not listening 2 years later when it went to N250.

PS I am not saying it will happen again this time.

Mfunkynation:
NAIRA EXCHANGE RATE
vs AFRICAN COUNTRIES:
South Africa: Rand 1 = 13 Naira
Angola: 1 kwanza = 2 Naira
Botswana: 1 Pula = 18 Naira
Cape Verde: 1 Escudo = 2 Naira
Algeria: 1 Dinar = 2 Naira
Egypt: 1 Pound = 25 Naira
Eritrea: 1 Nakata = 13 Naira
Ethiopia: 1 Birr = 9 Naira
Ghana: 1 Cedi = 50 Naira
Gambia 1 Dalasi = 5 Naira
Kenya: 1 shilling = 3 Naira
Liberia: 1 Dinar = 4 Naira
Lesotho: 1 Loti = 14 Naira
Libya: 1 Dinar = 146 Naira
Morrocco: 1 Dirham = 146 Naira
Madagascar: 1 Ariary = 4 Naira
Mauritius: 1 Rupee = 6 Naira
Malawi: 1 kwacha = 11 Naira
Mozambique: 1 Metical = 4 Naira
Namibia: 1 Dollar = 12 Naira
Seychelles: 1 Rupee = 12 Naira
Sudan: 1 pound = 32 Naira
Swaziland: 1 Lilangeri = 13 Naira
Tunisia: 1 Dinar = 100 Naira
Zambia: 1 kwacha = 18 Naira
Even the worst economies of Africa now have more valuable currencies than us.
As at today $1 = N425.
8 months ago it was N200.
N1,000,000 is less than $2,300
I pray for my Country...
It is well with Nigeria

£1 = $1.3

Does this mean the UK is better than the US? Please if you want to talk politics go elsewhere. Don't mislead people here.

fxuser:
Just playing ard with TA ! here is FBN 6mth daily chart showing SP finding some support
#justObserving nt a BUY recommendation

Bros. Please what's your source of these charts?

Godisfaithful:
http://thenationonlineng.net/cbn-releases-new-guidelines-foreign-investment-inflows/

https://www.cbn.gov.ng/Out/2016/TED/Portfolio%20Investment%20in%20Nigeria%20Memorandum.pdf

Good news. But let see how the investors react. The usual reaction nowadays is " wait and see" or "need more information "

My Zeee dividend just dropped in.

Tried getting Skye @ 0.56 today but couldn't. That was the price I got it last time and made something out of the trade. Will try again Monday.

locodemy:
I don tire to select the best stocks that will give good returns when the market comes back alive............as i dey pick, more dey come.........fcmb don join the list this morning.......let the monkey hunting journey continue........na all of us dey suffer the low prices but na who get cash now go first cover up his losses.

True talk

fxuser:
umm . . MTN market Cap is $16 billion (220bn rand)

How much of it will they list in Nigeria?

fxuser:
We shud have an Index ex-DangCem !
really . . .

MTN to the rescue. ..

nija4us:
Please UBA, FCMB and UCAP, which is preferable in terms of capital appreciation for a holding period of 6 months?

I usually don't buy after Q2 results have been released and before the release of Q3 results. But if you have to buy why not spread your risk and buy each. Ucap and the banks are in different sectors, and the banks are in different tires.

feelamong:
^^^^^^

Abeg who sabi summary for here?

Did they say they have paid the NNPC money to CBN?

Just the usual excuses. Bottom line is that they took government money, lost or used it, and they can't pay back.

fxuser:
umm Emefiele curve ball !

barred banks on full offer
liquidity is key here

Chance of a quick 10% JIJO be dat...