₦airaland Forum

kolaish:
A[b]nybody doing long term now will wake up one day to discover that he/she has lost 50% of the capital appreciation that the bull brought in the last 2 months[/b].

I just remember that my doctor sometimes told me to always eat in bits and not in lump (like a glutton). So, I will be managing 10% for now, it is good for my health.

You don't understand at all. Your statement is so off point. It is all in the strategy. Leave the game for us.

locodemy:
You are right my joy.Again.........
It is a #7.50 stock whether good result or bad.
Looking at their last corporate action notice to NSE on friday evening,you will know that dividend is smelling around the corner pointing to a good result.

Q3 2017 EPS of about 8k. Where are they going to pay dividend from. They have not paid in 2 years.

Chibuking81:
Help me to thank the lord God whom made it possible for me to add additional year today.

Brothers and sisters in the lord, today is my BIRTHDAY

Happy Birthday. May your analysis and strategy pay off this year.

Nichee:
Skye bank audit shows negative capital position of N730bn

courtesy BusinessDay

…Mainstreet Bank acquisition partly financed with depositors funds

…Former GMD, Treasurer, CFO fingered

…CBN working out forbearance package to fill hole

(my comment - Nigeria has rewarded too many people for being inept, greedy, and outright criminal. these bankers have no right to criticize the civil servants and politicians. they aren't any better)

A forensic audit commissioned by the new board of Skye bank and carried out by KPMG and PWC has shown that the tier-two lender had a negative capital position of N730 billion by the end of June 2017.

On August 06, 2011, the Nigeria Deposit Insurance Corporation (“NDIC”) and the Asset Management Corporation of Nigeria ("AMCON" after intensive negotiations through the night, announced that they have signed an agreement for AMCON to acquire Mainstreet Bank Limited, Keystone Bank Limited and Enterprise Bank Limited; being bridge banks created to acquire Afribank Plc, Bank PHB Plc and Spring Bank Plc respectivel

I have to categorize this as fake news because I have searched business day archives in the past month and there is no trace of this story. If true, do us a favour and post the link where you got it from even if it is not businessday.

Chibuking81:
It also involve buying and selling. There is increase, i.e more gain accrue to the participating companies.

In this price regulated environment for petrol, with subsidy and all the issues around it not being paid on time, i am still trying to understand how the advantage of increasing oil prices will play out. Eterna is a player in the downstream sector so i imagine the "lifting" in question is petrol.

To start with, going from news item, only NNPC still find it attractive to import petrol to the country and distributes to others. This is because of the high cost and unwillingness by the majors or independents to import.

If you take time to go through the financials of mrs, forte oil, conoil, the quarterly rev and profitability appear to be declining since oil prices started rising. Now i don't know if that corelation is real but it is worth testing.

Having said that, i think Eterna still has some way to go in share price increase but for other "reasons" that i am still studying and trying to grasp, rather than increase in international crude oil prices.

Chibuking81:
Eterna might surprise their shareholders with the dividend between 70 kobo to #1.

Anyway 50kobo and above will be the expectation of the majority of their shareholders based on their good performance, and Fidelity 30 kobo and above.

Because of CAR issues, 20k may be the ceiling for FidBank this year.

WORD ON MARBLE FOR BULL AND BEAR MARKETS

There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily—or sufficient knowledge to make his play an intelligent play."

Reminiscences of a Stock Operator (A Marketplace Book)" by Edwin Lefèvre, Roger Lowenstein

phemmie06:
Thanks! I meant which one will pay higher dividend?

On a per share basis, Eterna will most likely pay more than Fidelity bank.

ihedioramma:
Good day brother's and sister's in the LORD and happy new month , the flour month . If you never make money this year or you want to make more buy flour mills befor monday . Buy livestock feeds with your change .

Are you looking for market for your own?

DeRuggedProf:
Janet finally agreed to wed FCMB....

Three more weddings expected......

please explain...

Chibuking81:
I carried out research on 15 stocks based on their today price with their 2017, q3 EPS, to know their current PE.
And their result were as follow;
1. Zenith bank Price #31 / EPS 4.11 = 7.54 PE
2.Diamond bk Price #2.90/ EPS .25 = 11.6 PE
3. Fidelity bk Price #3.88/ EPS .70 = 5.54 PE
4. FCMB bk Price #3.24/ EPS .37 = 8.75 PE
5. Eterna oil Price #5.89/ EPS 1.55. = 3.8. PE
6. Access bk Price #12.90/ EPS 1.94 = 6.64 PE
7. UACN. Price #17.60/ EPS 1.04. = 16.92 PE
8. FBNH bk Price #14.00/ EPS 1.22. = 11.48 PE
9. Dangote sugar Price #20.95/ EPS 2.21 = 9.47 PE
10. Dangote flour Price #16.10/ EPS 2.25 = 7.50 PE
11. Afriprudent Price #4.88/ EPS .65 = 7.50 PE
12. UCAP price #4.40/EPS .55. = 8.00 PE
13. Flour mill price #30.90/EPS 3.17 = 9.74 PE (Q2 only)
14. UBA bk Price #13/EPS 1.74 = 7.47 PE
15. CCNN Price #18/ EPS 1.62 = 11.1 PE

Please educate us on the insights you have gained subsequent to these calculations...

https://www.thebalance.com/using-price-to-earnings-356427

Parisfran:
These 3 have been running at the same pace for the past 6 months.

It's audited financial statement that will separate this their harmony.

Fbnh, Fcmb and Diamond.

I believe that graph will mirror the NSE-ASI...but you are right. All three are in similar mess. One of them is living in denial.

Mpeace:
Was expecting Access bank report card today.

Too Early. After the BOD approves the accounts it has to go to CBN for regulatory approval. CBN being CBN it can spend up to two weeks there.

Toluway:
It was as if I was the one causing all these bear market since last week, because, the moment I sold off my my potfolio, all the stocks skyrocketed. I'm having a problem buying them back right now. Please house, pray for me.

I don't know if you are a beginner. Regardless you are learning valuable lessons that will be VERY HELPFUL to you in the years ahead. Take time to note what is happening to you and the emotions that drive your buy/sell actions.

RabbiDoracle:
That will be less than 5%

Yes..at current price it will be less than 5%... But some people's Av. Cost for GTB is still in the range of N20/share.

[quote author=Willie2015 post=64503082][/quote]I did'nt even see that cos i really don't read those research reports. I do mine. However if you add the interim div my forcast for annual divident then hovers in the region of N2.30 - N2.40. Unless I am wrong, my interpretation of their div policy and forecast full year PBT wont support N2.44 as final DPS.

tritritri:
What if they pay 80k ? we go kill them ?

We no go kill them but they have a dividend policy in place and using it to predict shows >or= to N2.

RabbiDoracle:
Decent dividend?

If GTB EPS is 6, however much do you think they will pay as dividend?

N3 is 6% at current price. This will be a record.

Then go to other stocks. Some no go even pay at all sef. Some we never see results for some years.

When the tide is down, we will see those that had been swimming unclad.

I doubt GTB will pay up to N3 full year div. They revved up interim from 25k to 30k last year. I see full year div in the region of N2 - N2.10. More likely the lower band.

mendes911:
In the first place, which goodnews/results propelled FCMB from N1.00 to above N3.00? Veitva's recommendation? Do you know if CP wrote those Vetiva's recommendation?

Vetiva does not know better. They can revise their recommendations as many times as desired within the year.

fxuser:
OMG ! lol

And the Dividend Yield Award goes to . . . . .

a)
b)
c)

pls help us fill Prof

For those who bought shares from November 2017, dividend yields on your stock are going to be sub 5%. It may still be attractive to you if you annualize considering how long you have held, and how quickly, and at what price you can dispose. My forecast Y/E dividend for some companies are as follows, so over to you guys. Do the yield calcaulations based on your Av. Cost Price:

UCAP - 55k
Afriprud - 50k
UBA - 60k
Zenith - N1.95 - N2.00
Fidelity - 18k - 22k
FCMB - 10k
Sterling Bank - 0k
Diamond - 0k - 10k
Access - 50k
FBNH - 15k
Eterna - 50k
Transcorp - 5k
DangSugar - N1
Nascon - 80k
Danflour - 0k


These figures are strictly my personal opinion from proprietary calculation and forecast, and not supported by any inside information. It is also not an invitation to buy/sell in anticipation of predicted dividends.

Bottom Line: Be clear on why you are buying each share.

currentprice:
i doubt but he have contact with owner so as KOD

Is KOD on this thread. He gave some useful analysis especially when he is talking equities.

onegentleguy:
...I don't hype my dear. ...Never had, and never will !! ...It's never in my personality.
...I only try to state facts. ...but I do not need to convince u for I am quite ok with the over 28 persons who have so far reached me to say a big thank u for my tip on SKYE and CAVERTON. ...Their joy gave me fulfilment !!
However if u've been following my post, then u would've recalled that I predicted the SKYE to hit N1.5 from 0.50k than take a quick break before a slow rise to near N2, depending on market dynamics. ...and so it naturally makes so much sense for me to reduce my holding given that a target has been met.
...I just had to inform the house because of the homidge I have for it, and also because I am aware that a good no of persons here may have bought from my tip off. ...even though I am under no obligation to do so.

On CAVERTON, my prediction is still very much on course.
...For Mr TIME will soon add proof to that.

DD always advised pls.

Okay. I needed to reconcile what you were saying on a public forum with your actions. Since you always advice further DD i guess that's okay. Like somebody pointed out, people should have their inestment strategies.

onegentleguy:
Herein was my revert post prediction on the SKYE when it was still trading @ 0.50k
Today the SKYE hit N1.55 up from 0.50k. ...Chances are it could still rise a bit more albeit very slowly, but the probability will now narrow down as u travel down the road.
...And so because its an open and selfless forum, I have decided to bring to the attention of this great forum my actions and inactions today;

ON ACTIONS;
Pls be informed that I've sold down 50% of my SKYE holding. ...I also intend to sell down another 40% tomorrow, while leaving the balance of 10% for some future proof of stake reasons.

ON MY INACTIONS;
I always talked on the SKYE together with CAVERTON, so if u are wondering if I also exited the later then my answer is NO, and more and more bigger NO. ...For CAVERTON was, is and will still remain undervalued even @N4.
...As a matter of fact take it or leave it, our 'foreign hot money brothers who have been feasting here intend to take it a bit higher than that. ...and so even if there might be bumps on the way, Mr CAVERTON will ride up until it gets near the 5th boulevard.

The proceeds from the SKYE shall go into the next target of our 'foreign hot money brothers'. ...They have 2 core stocks in mind, and as soon as they play the melody, I would've been dancing beforehand.
I have since added this 'follow the hot money brothers approach' to my very little knowledge of fundamentalism and technicalism.

...For now I am attending an audition in the black room for a succinct revelation.

As recent as yesterday you were hyping both stocks for price gains...when did you get the "aha" moment to sell Skye?

RabbiDoracle:
Guys did you see what happened to the offer volumes in Diamond and FCMB

They just disappeared during closing leaving just less than 2m as the offer volumes. . So what happen to the offers tomorrow Surprise!!!

In Chess, this is called " The Vera Menchik attack".

Something def going on in the former....

samzepaparazi:
from what i studied in charts, a stock doesnt fall more than 15 to 20% during profit taking before appreciating again.

if this applies to transcorp, then 2.04 will be the 20% drop from 2.55.
20% to 15% is the also the range people place their stop loss.....

be doing mathematics when your money is on the line.

if it closes at 2.14 today, that will be a 16% drop.
that falls in the range.

what do you think?

How many company charts did you study, and over what time period?

fxuser:
Pls Do not quote me:

petition ''MAY'' very likely be withdrawn , cant say much. very sensitive matter


dis:
i don't own any and this is not a buy / sell recommendation .

BUSINESS AS USUAL.

http://www.nse.com.ng/Financial_NewsDocs/20700_OANDO_PLC_CORPORATE_ACTIONS_JANUARY_2018.pdf

Chibuking81:
Most at times, most of humans are greedy, including everyone. When one succeeded, he will be a smart one, but when one failed, he will be a greedy fool.

For instance, Sky bank has no good news that pushes it above 100% up. Those who joined at @ 60 kobo and 70 kobo, are the smart ones now, but has it been that the price reverse back to car park, without an opportunity for an exit door, many will label them greedy fools.

No matter what, only invest the money you can afford to lose.

Sage.

MYMINDER:
FCMB price is being managed; there is an agenda. When the agenda is achieved...

The result will not be able to justify even its current price. Be vigilant.

This is a company that is yet to release its Q3 2017 results....

How do i reach you? Got something i want you to look at.

helobabe:
@GISTMORE

These stunning sisters, Faiza, Hadiza and Nafiza all got married on November 4th, in Kano state.

Via http://www.gistmore.com/three-cute-sisters-got-married-day-kano-state-photos

Stunning? Pleeeeeze

I talk am. Men are an endangered species. I am yet to see four generation of men folk anywhere. 3 generations sef dey scarce.

You've got mail.