₦airaland Forum

Fidelis...leading his brothers. How we separate the wheat from the chaff.

ihedioramma:
Meticulous ? Thank's am ok with FBNH . ONE LOVE .

DeRuggedProf:
If you are conversant with a rice mill area, you will notice that after setting fire on the mountain of chaff during dry season, it keeps burning intensely underneath late into the very heart of the rainy season.
An inexperienced person feels that since it is rainy season the fire has completely quenched, only to step on it and discover later in hospital that help is not always close...

When you start seeing companies like DAAR releasing results on time, know that someone is getting broke and smelling prey....

ihedioramma:
How many units will you be buying this stocks ? .

I only have M&B, Fidelity & ConOil. I don't hold more than 3/4 stocks at any time.
Just my view on the general market.

ConOil is my TOTAL/MOBIL. The Only stock I intend to hold Long term, unless fundamentals change.My loots finds its way here

ihedioramma:
Sorry, befor end of this month FBNH may get to #8+ . one love .

My risk in Fidelity is well calculated...Watch the surprise the bank would pull with possibility of an interim dividend from audited Q2.
Getting Fidelity is a give away below N1.50 thank me later. Study their books. They are meticulous.

N/B - View expressed are personal. Invest wisely

http://www.nse.com.ng/Financial_NewsDocs/19276_TOTAL_OIL_PLC_-_PRESS_RELEASE_CORPORATE_ACTIONS_AUGUST_2017.pdf

Govt of Accusation, make I no talk here. This thread is for stock market not politics

https://www.proshareng.com/news/Stock---Analyst-Updates/UAC-of-Nigeria-Plc.---Notes-from-H1-2017/35823

"According to the group CEO, the upsurge in finance charges reflected monetary tightening which have raised the company’s borrowing cost to 24% in the current year. Management noted that the capital raising success at its subsidiaries as well as planned disposal of a N5 billion investment property at UPDC should lower the company’s need for debt. "

DeRuggedProf:
Guessing like me.
My pastor always tell me never to be BORED with cash.
when the river dries up, you may even pick fishes wearing golden necklaces. ..

Prof this your Proverb's, who go com interpret for the congregation.

holm:
UPDATE 1-Dangote sells $236 mln stake in cement firm to foreign buyers

http://af.reuters.com/article/africaTech/idAFL5N1KN3UT

Dangote Sugar Interim + This sale. Why do I have a feeling Dangote is interested and may buy over Etisalat. Just Guessing

sky2891:
Please, when is WAPCO rights issue coming up?

I think the details on timing and price of the Rights are yet to be communicated.

emmanuelewumi:
I can't see Guinness on your list.

Noted.

My Top Picks 3-6mths...Not a recommendation

Okomuo Oil
Presco
GT Bank
Zenith Bank
Fidelity Bank

Dangote Sugar
Nascon
Flour Mills
Afriprud
May&Baker
Fidson
ConOil

After Rights Issue (Wapco, ForteOil)


Do you own DD.

http://www.nse.com.ng/Financial_NewsDocs/LAW%20UNION%20and%20ROCK%20PLC%20-%20HALF%20YR%20JUNE%202017.pdf

http://www.nse.com.ng/Financial_NewsDocs/MAY%20and%20BAKER%20-%20Half-year%20June%202017.pdf

Make una analyse for me...I am well loaded here, make I no do ojoro

stcool:
BullBearMkt
Fxuser

What is the implication for the bullish pin @ daily close for FBHN, reisitance @N6.50 .
I have a penny stock in mind would love to exit FBHN.
Pls do your own DD.

Exited FBHN with very minimal loss...Loaded First batch Fidelity Bank.
Awaiting Audited Q2.

Pls do your DD.

sellydion:
Stcool, Please which website did you get this clean chart?

Thanks for your help.

tradingeconomics.com

Under Nigeria...click stock market. Chart is there.

http://www.nse.com.ng/Financial_NewsDocs/19260_MRS_OIL_-_HALF-YEAR_JUNE_2017_FINANCIAL_STATEMENTS_AUGUST_2017.pdf

Subsidy removal is really affecting Petroleum sector...ConOil make you do well oh

ConOil making us proud since 1960

I am loaded here...do your DD.

fxuser:
a rejection of further down side
also needs to break above that resistance
u can see how it slopes down from the recent high
much needed rest taking place

Thanks

currentprice:
those guys ^"proshare" fully loaded on FO so they can not see the actual earnings to the ordinary holders

BullBearMkt
Fxuser

What is the implication for the bullish pin @ daily close for FBHN, reisitance @N6.50 .
I have a penny stock in mind would love to exit FBHN.
Pls do your own DD.

Mpeace:
Where is fidelity result. No report, no letter wetin them dey cook.

http://www.nse.com.ng/Financial_NewsDocs/19259_FIDELITY_BANK_-_HALF-YR_AUDIT_CORPORATE_ACTIONS_JULY_2017.pdf

audited coming.

Coolcash1:
Yes, 84% but over 70% came from the power business and 30% from the downstream business which shares is what is floated on the stock market... In my opinion, the result is a poor one and earnings from the downstream operations is beginning to wane. Majority of its revenue came from the power business but unfortunately this is practically for Femi....

It will be interesting to see how the market reacts to it tomorrow...

Don't mind the management...
What is annoying is they want to raise funds from non-controlling interest and management says Femi would not be a part of the exercise.
So we raise money for him to resurrect the dying downstream biz, while majority of profit from the juicy Energy generation biz goes into his bank account.

I have always said it no sentiment for any reckless management/stock in the NSE. Happy I exited when I did.
Since men have learnt to shoot without missing, the bird has learnt to fly without perching.

pluto09:
The eps is calculated with the profit attributed to the owners of the company which is N1.365b. The remaining balance of N2.79b out of the total profit of N4.1b is for non controlling interests. Give it to the cowboys. Like otedola like Tony!

Ok I see Thanks

Clap for Ote$ and he wants to rasie N20bn from non-controlling interests.

EDUECO:
http://nse.com.ng/Financial_NewsDocs/19241_FORTE_-_AUDITED_HALF_YR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

Page 8, Forte Oil, I am not understanding the Profit declared vis a vis EPS.
Anyways as I expected they was drop in revenue from Fuels
Slight increase in the lubricant biz
The only thing holding up Forte Oil now is the Energy generation biz which generated over 16bn compared to 4bn last year.
In total they was a drop in revenue QoQ. They need to find away to grow more.

PG 43
Drop in gross profit, drop in PAT. EPS 1.05(2017) compared to 1.88(2016)

Not so good for me. Let market be the judge.

Pls accountants in the house kindly review pg 8 & pg 43 of the result, we need clarification. Confusing what they did here.

DeRuggedProf:
Started trekking to Stcool's house..He must release my own H1 results too....

Prof wan kill person ...When you reach my place dem go tell you say I commot since friday go Nnamdi Okafor house MD May&Baker

BullBearMkt...I must commend your technical analysis. An area I am investing more, especially for fx trade.
No sentiment attached...cos with sentiments you are bound to loose money at some point.
For TA it's always in the chart...if it says Sell it is Sell, Buy is a Buy no matter how unconvinced you are.

BullBearMkt:
...Dangote Sugar! Dangote Sugar!! Dangote Sugar!!!
When I see Monthly getting overbought, Weekly overbought and Daily Overbought, it tells me there is still room for more rally.
Does it worth N20 or N22? I don't know. I will rather leave that to Mr Market to determine just that.

-Stock just close above highs formed in June this year
-Monthly, Weekly and Daily charts are bullish
-If price moves within highlighted areas in the next 1 or 2 days, a good buy signal else better to let rally continue and wait for pullback to value zone before buying again.

PLAN YOUR TRADE AND TRADE YOUR PLAN

Typical of NSE they would hoard it, but I would wait for minor pull backs for long term. Thanks

DeRuggedProf:
Bros, remember you have to get that Faulty Oyel result out by any means necessary tomorrow, even if you hack, it will be considered ETHICAL HACKING as they have refused to give us the result before 31st as they promised.........
Friday's volume was over 1M units. For a stock selling above N60, that was a bit decent volume (insider volume).

When results are good in NSE they don't waste time to release it. The management said On/Before July 31st.
But one might be wrong, hopefully this week I hope they release it. If the results beats estimate then the rally go get momentum.

The power generation business is bound to do well, but only concern is the downstream where margin is shrinking and competion is growing, noticed same in Mobil & Total.
These can also be compensated if they generate more from lubricants, which I think the company is also expanding.

Prof...looking @ the 20 billion capital raise. I doubt if they would allow price visit/stay below N50 again, even if result is not as expected. Sentiment for FORTE is always at play. For long term they are willing to accumulate. My thoughts.

DeRuggedProf:
Based STRICTLY on YOUR ANALYSIS HERE, I will sell FBNH.


NB: I used only the scenario you painted to arrive at my decision.
REASON: when I am pressed to sell (for a new opportunity), I never touch winners or 'about to win' stocks, I STRIKE LAGGARDS.

Well said.

Cadillac15:
My instincts tell me you are the same person as locodemy. And my instincts doesn't fail me.

Continue with your follies. God will catch you soon

What kind of reasoning is this ...try to live a life above suspicion.

I have nothing more to say.

I Can't Judge. So let me

Ogbanje Spirit strong here