₦airaland Forum

It seems only UBA account holders have received their UCAP dividend. Please anyone from another bank?

PharmAlfred:
UCAP is paying 70kobo dividend while Afripud will pay 50kobo. That's some reverse.

Hmm. With the way UCAP is going and with current happenings in the company this stock will be selling at double digits in not too distant year(s). From 30K to 50k to 70k and with the level of investments the company is into it could sustain this trend. Let's keep watching!

THIS IS MY VIEW PLEASE.AND NOT A BUY RECOMMENDATION. DO YOUR RESEARCH PLEASE.

Mcy56:
Bros don't get me wrong too.
Just wanted us to be more guided here so we can at least have the timing idea.

Agba is very good when it gets to predictions but I always have issues with his predictions, he'll just state it in one simple sentence and throw people into confusion (maybe na only me sha).

For instance, before the arrival of the Sept/Oct bull he made one 4 or 5 letter words prediction, I didn't understand until market started going up........I actually misinterpreted it but just kept silent cos of what I saw and observed too.......which was incoming of funds and possible price appreciation then.

So........that's it sha.

I perfectly understand you. You are right.

Mcy56:
Oga, that post was made on Nov 16.
You could have done well to tell us how many weeks we are now..........or better still when to when.
Just saying.......

Madam, Please don't get me wrong and I mean no harm. I was just assessing the statement to see how the market has performed on average since agba posted that statement and I discovered that it's been bearish a kind of. This does not mean that the market will not move or will remain bearish. Infact, it could even be fully bullish afterwards.

Also, I have discovered that most statement he make in November on the future of the market in Nov/Dec and Jan are somehow true.

Many thanks Madam

Agbalowomeri:
Expect 4 weeks of bears

This is an indisputably proven fact. You really understand this market. Much respect.

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/31675_UNILEVER_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT.pdf

I greet the Great Men and women of this forum.

Please what could likely be the effect on prices of stocks as the recession announcement looms next month? Will it tank, range or still move up afterwards between Jan-Feb in view of excellent results published by some companies? Your advice is highly sorted and appreciated

RabbiDoracle:
ASI now at 25,204. Getting closer to the one indicated above.

Once surpassed, the next target is 29,500 support.

Sit still. Turbulence ahead.

Goodluck!

You are really superhuman. Please continue to be patient as you have always been on this public forum as some people here may be out to send you to oblivion out of envy. Please keep us informed of the appropriate time to leave the market as some of us have pot belly just like you. I cherish you

Justcul:
Because they are matured and not kids.. it unfortunate that many come here to flex muscles.. I come here to improve my understanding of how to make more money.

Gaskiya

bigjay01:
Guy u can write long literature ooo. I doff my hat for you.

Am an Engineer and we don't believe in long turenchi.
A couple of equations and graphs ... end of story

Please we need to respect each other's opinion and stop attacking whether or not it favours us. Most people here suffered and are suffering the effect of the bears because they rejected the message and ridiculed the messenger.

If we had asked onifa (Rabbidoracle) what he saw and why he told us to sell he would have explained what he wrote yesterday to us and probable we would not have been this beaten by the market. Rather we attacked him and he went to guest mode and here we are. Also, Mesship said GT will crash to N19 and we attacked him and chased him away. Today, how far is GT from N19? We should have rather pressurised him to explain further. Who knows, he might be an onifa with a shrine somewhere or part of the team that pushed out corona virus. Some will attack and go back to discuss privately with the messenger thus depriving others of vital information only to benefit later from the message.

Please let us be patient with ourselves, the stock market has a mind of its own and highly unpredictable so those who are analytical, observant and experienced should be encouraged. If we want to hear what we want to hear then there is no reason to be here.

Thanks.

PETERiCHY:
Really stick to banks now that CBN has crash their cash cow which is Treasury bills and as well slashed all online transaction and ATM charges

Banks revenue will take a hit this year.

INVESTORS BEWARE!

Forget it. Banks have perfected their ways of making profit and growing it. Banks still continued to soar after TSA when many felt their profit will crash. Also, don't forget that they are fully and better seated in Open Market Operations (OMO) after many others have been excluded. With the crash of PMA rate, so many will prefer to leave their money in savings account thus more deposit for the banks to play with. Nigerian banks will surpass your expectation.

onegentleguy:
Which money?
Need I remind u that there are some persons here who are 20x richer than he can ever be !! ...note the phrase; 'can ever be'. The only difference is that they lead a HUMBLE life and one with a MEANING !!

...and I also disagree with that part in bold !! Pls stop running the name of the IGBO race 'down to the eight'
Clearly not all IGBO men, 'cause I know many who don't !!
Those who do, are a complete shame to behold.
A showy display of ones means of life(which sometimes can even be a total fluke) is clearly NOT part of the VIRTUES of a credible and reputable opulent personality.

Pls do well to be guided accordingly.

OGG please there is no need for all these. Your contributions here have been greatly applauded. When you bring yourself down to a level of exchanging words like this it affects the respect and views people have about you here. Please make peace and remain focused so that your outstanding values will not be eroded.

locodemy:
I have shown sign of maturity to him enough.I swear to God,If he thinks he is more educated than me and can abused me anyhow he likes,thank God I am getting more live info about him,I will show him a little sign and the truith is when you don't feel his comments here for a while,you Know that something is wrong somewhere.

I swear in the name of God who made me this evening.

I am not here for him and has no interest in his posts.Today, everyone bear me witness,I am not for OGG and I don't want to hear pim from his mouth on me again.

Please Loco for the sake of yourself, your loved ones and whatever you value most in this life let peace reign and drop all these threats because you may innocently put yourself in trouble over some body you probably have never seen in life. Don't forget that you could be an innocent suspect if anything happens to OGG thus paying a price you never bargained for. Also, don't forget that security agencies can trance any of us here when the need arises as well as the terms and conditions of this forum which states that we are responsible for whatever we post here.

Please just just take a cold drink and relax. Nothing is worth fighting over especially on a faceless forum like this.

Lxdd:
Hello guys.. please where can I get news concerning stocks on the NSE?

http://www.nse.com.ng/market-data/trading-statistics

Select/click on any symbol/stock and it will take you to a page where you can get virtually all information you need on the selected company as an investor or potential investor.

locodemy:
I am not claiming to sell my fcmb on Monday o.
I will only sacrifice to give bears 8% from the 32% paper profit as at today.

When is what I don't know........

You could rush to sell then regret later. The bank did not make a loss and will still rally when the bulls come fully. The EPS and other ratios are not bad at all and good enough to even pay good dividend.

Also, the stock market has a mind of its own. Sterling Bank and some other stocks rally with a result not as good as FCMB. There could be a pull back but it will still rally and rise above current price. Just watch the crocodile smile and be confident.

Just a piece of advice. Your decision is inviolable.

BAMOFIN1:
Sir, I totally agree with you that last quarter of the year is not for moving stocks. I am curious to know what you do with proceeds of sale between the intervening period of February to August, do you jijo during this period or you withdraw your cash? Thanks.

I move my fund to Treasury Bills (TB). Just develop a strategy that works for you. There are different strategies each with its pros and cons.

RabbiDoracle:
The koko is that who bought around August and bought more as it was falling will be making so much.

Yes big bros. This market is NOT for the impatient. I am a one stock man (a stock that can pay me dividend in the worst case scenario). I buy from September to November and cash out in January. Even if the bulls or the bears are on rampage I don't sell until January . It has worked for me for some years now with unimaginable profits.

It is advisable to enter the market, buy a good stock or stocks with good financials and forget it till January. Moving from one stock to another this period only reduces profit, increases regrets as well as discouragement when others are profiting. I just buy, leave it and pray as only God knows the stock that will rally the most during the xmas rally/January effect. It might even be Zenith though I don't have it.

RabbiDoracle:
You didn't quote me. You just copied my message. What is your intention?

Sorry big bros, it was a silly mistake. You posted a fact I had to concur.with.

Most people are sitting on pretty good gains now


FBN: 66%+ gain

FCMB : 30%+ gain

Fidelity : 25%+ gain

UBA: 36% + gain

GTB: 17%+ gain

Access: 68% + gain

Zenith: 16%+ gain

3FUGAZ!

and market never grind beans o!

Gaskiya ne.

mendes911:
I wasn't looking for OGG because I wanted to buy Access. He has done what I expected, now I feel at peace.

You know there's no "Jerry" without a "Tom".

Let me go and consult Ifa on Zenith Bank. Ifa must disclose the identity offloading Zenith bank. Na UBA I wan marry shaa. Waiting for double bottom to form.

Portfolio rebalancing. The huge seller of Zenith is the buyer of Access and one or two other banks/ coys so whether or not the 'boy is good' depends on how you look at it. They are not selling Zenith completely so watch out as the traffic in one may affect the other. Enjoy!

Kofoworolatoyo:
Has anyone from FUTA centre in Akure gotten an invite?

Yes. All of us. What has centre got to do with invitation? Pray for God to bless what you have and give you yours while you rejoice and pray for those who are successful in this instance and see what God will do for you. Stop asking competitive questions at this time. Our unbiblical cords are not tied to each other so is our success rate different. I have heard of very successful people who were not taken even after interview where they presumably did well and today they so sucessful that they are not ready to join NNPC even if an appointment letter is given to them freely without test or interview. Believe in God and yourself and all will be well.

wudeama:
I knew about this negative marking, I left about 7spaces blank, just as I was told in exams like this you are not even meant to finish everything or answer everything only the ones you are sure of, I told some people b4 the exam, anyways everything is in God's hands....it's a function of grace..

What if the seven (7) you left blank have answers in the option and you actually answered those which have no answer?

Bros, No need to be too optimistic. God has the final say!

currentprice:
chai! so loco stock is on full bid

Thanks for the advice on Loco's stock. I keyed as soon as you hinted. I pray I make something good out of it although it looks obvious. Above all, Thanks for hint. You are too much.

@ Chibuking

Please calm down. Most of your post have been prophetic, straight to the point and helpful especially for 'Obotes' like me. Your comment/observation is right, direct and unambiguous thus can be made referenced to at anytime. I believe the question asked was thrown innocently not knowing it will hurt you. Please don't be offended and back out. Also, note that there is alot of frustration and confusion especially at the close of market these days hence some post may hurt but please be patient. Better days lies ahead.

onegentleguy:
"There are those who look at things the way they are, and ask why... I dream of things that never were, and ask why not?"
~Robert Kennedy

#lookdowntowardsthatlastlowpoint
#believeinmonday

Pally, your parable is misleading. I hope you will not come out later when the share price goes either way (up or down) and say you said it or that is what you meant because you have not said anything rather more confusion.

Mcy56:
At what price did you buy the shares and how many units for the initial purchase?
Anyway, you may contact Zenith registrar to sought it out with them. Google their contact number and e-mail, then take it up from there.
Modified.

or go to any Zenith Bank Branch to lay your complain and it be resolved.

God bless all those who warned against being greedy and those who cared to listened. I sold my 4m units of Fidelity at 2.47/share and suddenly the bid at 2.47 disappeared. Waiting for the price to drop then re enter (currently@2.38) for the next rally otherwise face another stock. Sweet Market

mendes911:
Caverton - Full Offer. CILeasing - Full Offer.
I pity those trapped.

NSE is a high school

RabbiDoracle:
Bros, no be all.stocks you fit port from ooo once it has landed in your portfolio...just ask oga Bigjay.

Those stocks once they land in your portfolio, just print and laminate the paper showing the units and keep for your grandkids.

lol...You are right. Where you can you port. Normally some will port. That is where timely information becomes important.The market is an information/news driven market. When a stock is going down continiuosly in a normal or bullish market know that something is amis. Some people look not knowing what is happening until they are left behind. Even big coy with sound financials can go down. Its just information and acting fast....Smart investor. In this age some investors still send mail or call their brokers to buy or sell shares when they can trade online. Taking advantage of any good news to position for profit or bad news to bail out may be difficult for such. Not withstanding, the market is still sound.

Cadillac15:
Good guy. You got my point completely. But note that the herd effect will also affect moribund companies with bad corporate governance and all other negative factors. So it's important to invest in companies that will not packup when the bears come in future. And don't forget that the market moves in crest and troughs. So it may take 7years of plenty but famine will still show up one day.

Big Bro, Corporate governance related issues in moribund companies shouldn't' cause a discredit of the stock market generally. Everyone has his/her investment objective which can be achieved in the market. Discrediting the entire market means none is achievable. Normally, an investor should be very close to happenings in the coy he has invested in or about to. One can invest in a moribond coy where there is info that certain changes that will positively affect the furtunes of the coy are in the pipeline. For instance, Dangflour went down under Tigerbrands and today it is hot cake in the market. Those who positioned early when it was down are celebrating today while some are still down and may come up later. Wrong investors invest and go to sleep only to wake and discover that they have become security men. I guess this forum has helped solve info issues to a large extent. Also, NSE mandated all coy to have a dedicated contact phone no posted on their website for investors query. We can still make use of that. Where a stock is not viable or you sense danger, you port and still make your money. That is the beauty of the market. Even among the diciples there was a Judas and he did not make all the diciples useless.

Toluway:
In conclusion, what is your opinion about the stock market in the period under review?

It is obvious. Even the bears have been unable to water down stock prices as EXPECTED with many still waiting for far lower prices and ending up entering at higher prices. Institutional investors as well as fund administrators are mopping up as we can see huge volumes exchanging hands. No doubt the stock market still have very high potentials enough for everyone to tap from. Next year will be super with the signals on ground and events unfolding.

Cadillac15:
I normally don't like posting in bullish periods because of the popular knowledge that everyone becomes an expert in such periods.

But I feel obliged to give some thoughts to newbies as they pay their NSE fees.

What is suddenly moving the market? Why are prices going up generally? The answer is simple. No more 18%+ interest in Treasury Bill. No more 16%+ interest in Bonds. All the monies that left the market as a result of the sudden increase of interest rates at the peak of our recession is returning back to the stock market. This is good for the market but has a very big disadvantage to inexperienced traders. Why? Because all the stocks will appreciate in price Will they remain so? No Why? Because investors will soon discern the good stocks from the bad and hence offload the bad to unfortunate hands who will then hold them through the bearish period or sell at a loss

In all this, it is important to know everything about the company you are buying their shares, what is in it for you, what is moving their price and most importantly, your exit plan when poo hits the fan. I give you an example, what's special about Fidelity Bank? Is their numbers the best in the banking index? No then why is everyone looking their way right now? Simply because they declare good dividend historically. Now, you follow the band wagon, buy Fidelity because of this fact, not planning your trade. After the dividend play and ex-dividend date, the players will exit and this will pull back the price. Why? It will no longer be fruitful to hold Fidelity until the next dividend period chikena.

Another of such company is Afriprud. These are even companies with good financials o. So what happens to you if you had gone ahead to buy caverton because the price is rising with the general bull? Or CI Leasing? Or even Skye

Anyway, I'm in my house. If my opinion annoyed you, come and beat me

With the expected further crash in interest rate next year and FGN decision to settle completely a percentage of maturing Treasury bills, the dividend payout by coys yearly may be higher than the interest received that year on the amount invested. Looking carefully, future investors will be asking where they were when prices where as low as they are today and when DMO starts settling treasury bills rate may go down to low or mid single digit.
Also, most of the coys you see today with some struggling to survive will become more profitable as they will have more cheaper funds turn their businesses around (which is the reason FGN is deciding tobcrash rates) hence more dividend resulting from lower interest.

Adriprud finally made it.
Fidelity Bank smiling at full Bid.
Anyway anything is possible before 2.30pm.