₦airaland Forum

mercylicious:
I know, but I hope it will be delayed so that I can enter.

Mercy I think say u bn dey for fidelity before?
Na WCh tym u con commot?

peptola:

your call does not spur action and too many loose bits. since you're speculating, price and time should be first contemplated and can then be vaguely specified.
"not this week" is too vague. "FBNH can still go either way" is also vague. "...respite"; vague. "... but they are still going down" this is clearly a good example because stocks are always heading down in a bear market, it's predicting a detailed heading up that's the tricky part.
Also my prediction for a turnaround has little to do with any new 52 week low.

Market, starting with a couple of stocks like Zenith bank, will begin to turn around on Friday if not tomorrow. Then by next week others will follow. Zenith offered good price @ N10.52 today, closed @ 10.96 though 11.00 was expected. If it trades lower tomorrow - take it!

As for FBNH i think we should be patient.

Fbnh has buttomed out or at worse has one more day loss/recovery signal to make!

Manonamission:
On Fidelity; Fidelity is not a buy at current price. If I had it in my portfolio, I would be looking to sell asap. Good dividend declaration by the bank might not yield considerable price appreciation because the market so far in not responding to such news. One can also argue that the current price already reflects the anticipated price target.

This is a personal opinion.

Bros the market has a mind of its own, and can spring surprises!

Bnsitl, Is itrade working at ur end

Kai! Nobody gree sell im fidelity

Monkey hunters!
Shey na all of una dey drag stock prices down sotey no more appreciable price yield these days. No problem, na all of us go suffer am

Godisfaithful:
Access is looking to acquire some banks lol. Don't let the dividend declare discourage. There are more to Access than the dividend. Remember, final decision rest on you. Best of luck sir

Godisfaithful, wats ur opinion on fidelity?
Y d delay in release of result? Are we expecting any profit warnings?

Godisfaithful:
Access is looking to acquire some banks lol. Don't let the dividend declare discourage. There are more to Access than the dividend. Remember, final decision rest on you. Best of luck sir

God is faithful, wats ur opinion on fidelity?
Y d delay in release of result?

leo1234:
This is good news.
If the bulls like let them turn to goat on this UCAP.
Access want to make us sad but no way!
In fact if I will use my dividends to buy more access.

@ megainvest and Godisfaithful what do u think about this acces?
Although d market has a mind of its own, do u think entering acces at 3.95 was a good move. In your opinion is it likely to reverse on Monday?

102 billion naira up for grabs. Dividend yield still 10% at 15.5naira
Supposedly exited foreign investors waiting to mop up!
Market makers creating panic selling here and there for them.
Gullible ones scampering for unnecessary safety!
Na true. Nobody likes free money again. Even the so called foreign investors and men in black.
I just dey laugh. If una deceive unaself finish, make una tell me

PETERiCHY:
http://www.aljazeera.com/news/2016/03/nigeria-22-killed-mosque-bombings-160316090928691.html

So such a country is where you will advice foreign investors to put their fund

For your info I 've been in Nigeria for some wks now with some foreign investors looking for a reliable franchise for their products but at the end of our research we discovered the economy is in total mess and we don't ve a choice but to jet back in a couple of days from now.

This is what happens in a country where the president presents a Nepa bill in place of a certificate.

We know this country needs fixing.
But I must say that from ur persistent negative and discouraging posts( i e for those who choose 2 b discouraged), u must be a frustrated Nigerian with a bleeding heart who have been personally and seriously dealt with.

The demon in capital letters is here.

Thank God I entered fidelity yesterday. No want foreign investor long story

Even the almighty zenith.
Investment one is busy setting a target price of 17.9 I laugh in 10D
Well, if things like these do not happen, then how will we make money?

megainvest:
Congtats to Zenith crew. Fear not the current irrational trend of dividend apathy. I believe as the closure date draws closer, people will be more desperate to buy.

Yep. So watch out for afriprud from Friday! It still has a very good dividend yeid compared to the banks at current price!

I like d closure date of zenith. A single distinct date, not a deceptive range of closure dates

Patience is key in this market. If u Jijo anyhow, u make little or no profit even as a trader!

Guy relax. Na fidelity go pay pass. They don want to release at same time with d big boys to ensure a smooth ride. Insiders have been taking position. If ur already in it don't sell or ull regret it. Go check history of price movement in response 2 dividend, when their share price was higher than present price.
My 2 kobo!

Pls house what do they mean when they say both dates inclusive, in d UBA corporate action?

Manonamission:
The forum is quiet even with this corporate action from UBA. I hope the market won't react this way tomorrow .

The one wey dem make noise for, wetin happen?

iyb:
thats cheaper than csl stockbrokers

Pls what's the total buy and sell cost for CSL stockbroker

Nobody crash any server. Na just deliber ate distortion by NSE insiders so that people will not take position! Ehnn is only when there's sth good at stake for all, then they strike!

Next Week hopefully will witness the inflow of anticipated results.

ogoo4real:
How can you be comparing fidelity to Diamond bank?

Pls enlighten me d more.
In what ways is Fidelity better than diamond considering the prevailing situations

If diamond can issue a profit warning I doubt that Fidelity would b spared! My 2kobo
Considering their energy exposure and npl

The kind bear wen go follow banking stocks on Monday no b here!!

I don bail commot for UBA, wan enter another better stock next week! No dolling. I went out cos I felt since they paid a FY dividend of 10kobo last year, this year won't be too spectacular. views he highest they can do is 10% dividend. I may b wrong though.
However I still dey zenith!

DeRuggedProf:
Zenith and GTB una dey fall hand.......make una release bulls abeg....

Na UBA fall hand pass. Y dem go raise sentiments initially wen dem know say no dey ready to release results

mercylicious:
I am heading to 50% in tiger - paper profit
15% uba
Abt 20% afriprud.
Flat ubcap.
Zenith - few % Bought at 12.18, 11.59 and 10.52

I just decided to free some money today so that I can take some opportunities when they strike.

We are making money this year.

Where does d bulk of your portfolio lie?

peptola:
I was giving the FCMB warning so we could avoid a situation like this, which has happened a couple of times already.

I am also aware that “crisis breeds opportunity” so I am convinced FCMB will have an eventual rally that could be more rewarding than what is happening with Oando.

Pls take note that Oando and FCMB are most definitely not mutually exclusive so the current trajectory of oando will demand a response from FCMB. There is a rally coming for FCMB.

As for Zenith, result will come out tomorrow; price will shoot. The current price of N12.40 is on schedule (judging from history

And if result doesn't come out tomorrow?

me3000:
I heard they have good result

From what source?

I no no whether na me zenith and UBA dey target? if I say make I port now, na that time result go show. Kai! Which kind winch b ds ? Move. Mba. Oya allow me make I move. Mba! Na waoh!