₦airaland Forum

Toluway:
That's no probs brother, but I can assure you that afriprud bullish trend is just beginning. The fundamentals and the sentiments are there to attest to my postulation. A vulture is a patient bird.

Very much on point bros. This market needs alot of patience, it can go either way but patience is the virtue.

I wanted to sell my fcmb before the release of their H1 result but on second thought I decided to wait to see how their result will look like. Iam regreting not taking affirmative action in disposing it long before the result. I will wait for small rally to finally bid farewell to it.

maishai:
@ dis rate when do u think they will pay off this huge debt

Maybe between 5 to 7 years provided they keep making profit.

9free:
I go with JBerger. Budget has been passed and infrastructure will take a massive chunk of capital expenditure. Remember, Nigerian politicians build most roads only when they have eyes on second term or continuity of their party in Government

OBAGADAFFI:
Budget signing has an impact on the construction industry.

Noticed how Julius Berger started moving immidiatly the budget was signed.

Julius Berger and other contractors get most funds from the government.
This will also affect cement companies.

If the three Julius Berger is my choice.

There is no doubt, budget signing and consequent implementation will have positive impact on Julius Berger stock. Those are very good stocks which have good propensity to surmount their present difficulties in the long run

BullBearMkt:
...out of the 3 you mentioned, the one that has the best investors' perception of its fundamentals will recover fastest. Returning 100% medium term? My answer to that is I don't know.

Technically, we compare stocks of the same sectors or groups. While Guinness and 7up are in the Consumer Goods sector, Julius Berger is under Construction/Real Estate. From the Consumer Goods sector, Guinness is presently enjoying more participation from investors and is poised to do better than 7up. Weekly data is currently bullish and has just moved away from its all time low at N60. If investors perception of Guinness fundamentals is positive and high, maybe.

My investment strategy is always for long term and i like buying good stocks in chaos with great potential of surmounting their difficulties hence my interest in those stocks. The greatest undoing of Guinness plc is stiff competition from Nigeria breweries and other local breweries. They need to reposition their marketing strategy and try to make remodel their products to elicit customers interest in overcrowded market competition.
Can you give me a technical analysis of Guinness and 7up plc

ukay2:
GUINESS....watch out....DD applied

What do u think the impact of supplementing listing of a rights issue of 684,494,631 Ordinary Shares of 50 Kobo each at N58.00 per share on the basis of 5 new Ordinary Share for every 11 Ordinary Share held (5:11) will have on the stock of guinness going forward on the mid term. Do you think it won't add to dilution of outstanding shares leading to long period of recovery?

Among these fallen giants, namely: Julius Berger, Guinnes and 7up, which among them do you think that will recover faster from their massive deteriorated fundamentals and can return 100% in the medium term.
Cc
Manomassion, 9free
Fxuser, bullbearmkt, currentprice, Obagaddafi and others

Tritri:
FCMB


Full Offer ..

na wa ooh..A whole FCMB....

Fcmb is untapped goldmine. I have substantial units which I brought for long term. Good entry point is the key. I believe this company has alot to offer in a long run.

Nb..
There is my personal opinion and does not amount to buy recommendation.

BullBearMkt:
...You've said it all. Apart from the stock's iliquidity, everything looks fine both on Daily & Weekly
If you haven't added more, I will advice that you wait for a pullback before going in again...

Enjoy your loot...

Thanks..i will accumulate more on pullback below 1naira. Thank for u the information.

stockbuego:
This NPF Micro finance bank for me is a neglected gold mine waiting for discerning investors to be exploited massively from. This company appears illiquid but close look at its activities in the floor of nse has started showing that it has started overcoming that passive nature that has characterised the stock in past. I have started gradual accumulation knowing that this company will not pay less than 15k on dividend (2016/2017) owning to the past antecedents.

NB:
This is my humble personal opinion and will not in any way amounts to any overt or covert buy recommendation

The above forecast was made on October 8, 2016 by my humble self.
It is being fulfilled today.
Can someone give me reasons why I shouldn't invest more on this stock apart from maybe it's iliquidity.
Cc
Bullbearmkt, fxuser, Angelo, currentprice,godisfaithful etc

Coolcash1:
Best price you say? Lol! I entered at N2.95

Thats reasonable entry price. I wish I can get within range before dividend declaration.

godlyguy:
FCMB is moving in the same path as Oando. My advise is simply; stay far away from both stocks for NOW!!!

THE BIG SMART GUY

Please, what is your view about fbnh? Do you think it is time to get involved @the current price?

Gurus in the house, what is your viewpoint on fmn. I have substantial Units and iam intending to acquire more but stagnation in share price is discouraging and worrisome. I know it is not unconnected with their high debt profile. But Iam not unaware that most companies are deep in debt and are having volatility in share prices.
Pls Gurus, do you think that fmn high debt is something that the company can be able to pay off and consequently bring out the company in a clean financial footing?

mercylicious234:
Hahaha.
@peter, I forget say u be yankee
Go to fidelity bank website, look for their contact mail, attach a copy of ur Intl pp and send them. U can also call them to lift d 50k limit.

Peterichy operates Stanbic bank account not fidelity bank

Read the information below to clear your doubts

locodemy:
since you said 'news'.not from your mouth......i will pardon you........Any bank that operates as a national bank is not allowed to have many branches and they are restricted to operate in some capital cities....Example of national bank is jaiz bank.......my brother you can tell me that skye bank wants to do share reconstructions,close some branches,sell some of their assets,reduce workforce or raise capital but for going back to operate as a national bank is understatement.

Skye Bank Set to Dispose Foreign Subsidiaries to Ease Pressure on Capital



Skye Bank has said it is seeking to dispose of majority stakes in its businesses in Gambia, Guinea, and Sierra Leone in a bid to ease pressure on capital.
With this move, the bank seeks to relinquish its international licence and become a National Bank.

National banks require a capital adequacy ratio (CAR) of 10 per cent as against 15 for international banks.

The Central Bank of Nigeria (CBN) replaced the bank’s management on July 4th, citing liquidity, capital adequacy, and asset quality issues. The bank’s ratios were well below regulatory requirements as at full year 2015. Its non-performing loan (NPL) ratio was at about 13 per cent (regulatory maximum: 5%), capital adequacy at about12 per cent (regulatory minimum: 15%), loan-to-deposit ratio at about 98 per cent, and liquidity ratio at about 22 per cent (regulatory minimum: 30%).

Therefore, in order to improve liquidity the CBN had injected about N100 billion (one-year tenor) into Skye since the change in management

We expect that an expansion of risk weighted assets on the back of the depreciation of the naira may have put further pressure on CAR which may have declined significantly below the 12 per cent reported for full year 2015, analysts at CSL Stockbrokers Limited stated.

From our discussion with a top management official, we understand that management had communicated the intention to divest off its foreign subsidiaries since May and the process is nearing completion. The bank is currently auditing half year numbers which will give a more current assessment of the bank’s capital ratio.

Furthermore, CSL Stockbrokers Limited stated that while they realise that the bank still has liquidity and asset quality issues, they viewed the move by the bank to divest from its foreign subsidiary “as a practical option to begin with.”


http://www.thisdaylive.com/index.php

There's this news that skye bank has made all the necessary arrangement to dispose all their foreign access which will pave way for reversion to national bank. This is a very long way for recovery for skye bank. I don't think that Diamond bank is famalarizing themselve in the similar terrain and I am not too sure if their capital ratio is adequate and should be trusted. Any investment in diamond bank should be accompanied with enough due diligence. I should trust fcmb more than I should trust diamond bank.

stokfrick:
Pls what is d recent deadline given by the NSE to companies to release results

I think it is 31th of October, 2016 but I am not too sure. Maybe some other person can clarify.

This NPF Micro finance bank for me is a neglected gold mine waiting for discerning investors to be exploited massively from. This company appears illiquid but close look at its activities in the floor of nse has started showing that it has started overcoming that passive nature that has characterised the stock in past. I have started gradual accumulation knowing that this company will not pay less than 15k on dividend (2016/2017) owning to the past antecedents.

NB:
This is my humble personal opinion and will not in any way amounts to any overt or covert buy recommendation

leo1234:
So a stock that paid a dividend of 0.35k last year when the price was less than #2 and is likely to pay more this year is not a good stock?

I don't think it pays upto 0:35k dividend last yr. Maybe should cross check.

Had randomly read some comments within this forum and i can't help but to say it has been useful and relevant for any stock investor.