EDUECO:
Oando's 2015 Q3 EPS is/was --N4.18 while that of FCMB is +N0.13; the difference is clear. For the now, FCMB is still an asset while Oando is a liability(based on 2015 Q3 result)!

EDUECO:
Oando's 2015 Q3 EPS is/was --N4.18 while that of FCMB is +N0.13; the difference is clear. For the now, FCMB is still an asset while Oando is a liability(based on 2015 Q3 result)!
Oando's 2014 Full Year EPS is/was --N13.44(take note of the minus)!

duni04:

Hate u for this but the emphasis on the minus was hilarious!

EDUECO:
@ufot..., Since your Tecno has HTML5 , version 29.0.1809.93516 of Opera Beta would be quite compatible with your Tecno H5.

Intendy:
like i usually say If you close your eyes to facts, you will learn through accidents

Mfunkynation:
pls wat browser can i use in my lumia 535 dual sim to use itrade. kindly... response. Thankz

EDUECO:
Oando's 2015 Q3 EPS is/was --N4.18 while that of FCMB is +N0.13; the difference is clear. For the now, FCMB is still an asset while Oando is a liability(based on 2015 Q3 result)!
Oando's 2014 Full Year EPS is/was --N13.44(take note of the minus)!

EDUECO:
FCMB Group Plc pays annual dividends on its ordinary shares. FCMB Group Plc's Board of Directors has adopted a policy that seeks to provide investors with a stable and sustainable form of capital distribution, with consideration given to the growth requirements of the business, thereby maximising long-term share value for shareholders.

Dividends Paid and Year-End Earnings Per Share (Basic) Information

YEAR DIVIDEND
as at 31 st December (Kobo) EPS (Basic)
as at 31 st December (Kobo)
December 2014 25 112
December 2013 30 81
December 2012 Share Bonus (1:25) 77
December 2011 Share Bonus (3:20) 61
December 2010 35 49
December 2009 5 3

Up until April 2009, FCMB's financial year began on May 01 each year and ran up to and included 30 April of the following year. However, as FCMB has now moved to the common December year-end for Nigerian Banks (effective 31 December 2009), FCMB's financial year now runs from January 01 each year up to and including 31 December of the same year.

YEAR DIVIDEND
as at 30 April (Kobo) EPS (Basic)
as at 30 April (Kobo)
April 2009 0 25
April 2008 50 135
April 2007 35 63
April 2006 13 36
April 2005 7.5 25
@ Krishna, For the past 10 years; FCMB has paid dividend 8 times and given bonus 2 times! Due diligence is now yours to make. For the year 2014 which ended December 31,EPS is/was 112 Kobo while 25 Kobo is/was the dividend!

abafetch:
Gud mornin intelletual personel in d house... Pls i ned ur advice on how 2 go futher wit my late dads share wit (sterlinghealt now gsk) and AP i ave d certif hw can chang d name 2 mine and d divident pls

Agbalowomeri:


FCMB is a good buy at 65 kobo. They will definitely report a loss for the year end 2015. Q3 was still conservative

EDUECO:
What is your estimate of FCMB's loss even if there will one? Oando made a great loss of N13.44 for 2014 Full Year,but its share price has never gotten to N2 not to talk of 65Kobo. The probability of FCMB getting to 65Kobo is very small!

EDUECO:
Contact Meristem Securities Ltd.,Nigeria. Just search on line for their phone contact.From my experience with them,they are quite efficient!

EDUECO:
Since your Lumia also has HTML5 browser, the same version of Opera Beta could most likely work with your Lumia 535.

EDUECO:
Contact Meristem Securities Ltd.,Nigeria. Just search on line for their phone contact.From my experience with them,they are quite efficient!

donmarshia:


Edu, you are seriously battling for FCMB. In my experience, I don't do companies that just declared a bad result, reason being that I cannot guarantee how other investors will react, especially in an already bearish market caused by general world macro economic issues.

An over reaction by investors could lead to a tempoary crash, but of course, if u are in already and can't get out, U can only pep talk urself out of the situation until things improve. I do it too.

Though seriously, if u can offload ur FCMB units, pls do. Offloading at a loss ain't bad especially when some stocks like Zenith may still have an upside potential of N2, this new month.

FCMB in their corporate release mentioned that same fate awaits their Q4 results, so why have faith in them. I would prefer having faith in God.

Also note that Oando and FCMB are in different industries and the pricing dynamics of their share price is quite different. FCMB might not get to 0.65k. In fact I feel they won't, but they can.

In summary, I don't see any economic reason to believe in FCMB. If you have to believe in them, let it be because of a Word from God about putting your money there.

For me FCMB is a sell.

abafetch:
tanks sir.. Wil do as instructed

Agbalowomeri:


FCMB is a good buy at 65 kobo. They will definitely report a loss for the year end 2015. Q3 was still conservative

donmarshia:


Edu, you are seriously battling for FCMB. In my experience, I don't do companies that just declared a bad result, reason being that I cannot guarantee how other investors will react, especially in an already bearish market caused by general world macro economic issues.

An over reaction by investors could lead to a tempoary crash, but of course, if u are in already and can't get out, U can only pep talk urself out of the situation until things improve. I do it too.

Though seriously, if u can offload ur FCMB units, pls do. Offloading at a loss ain't bad especially when some stocks like Zenith may still have an upside potential of N2, this new month.

FCMB in their corporate release mentioned that same fate awaits their Q4 results, so why have faith in them. I would prefer having faith in God.

Also note that Oando and FCMB are in different industries and the pricing dynamics of their share price is quite different. FCMB might not get to 0.65k. In fact I feel they won't, but they can.

In summary, I don't see any economic reason to believe in FCMB. If you have to believe in them, let it be because of a Word from God about putting your money there.

For me FCMB is a sell.

FCMB Group Plc: Interim Audit Update
LAGOS, NIGERIA – 15 January 2016: FCMB Group Plc
(Bloomberg: FCMB) announces the
fourth week in January for completion of the banking
subsidiary's interim audit, which should
pave way for the release of the 3Q15 earnings results of
FCMB Group Plc, before the end of
January 2016.
According to Peter Obaseki, the Managing Director of
FCMB Group Plc, “3Q15 earnings as at
September 2015, will be materially below earnings for the
same period in 2014, due to two
factors: a spike in impairments particularly in the energy
sector and the significant reduction in
trade finance-related revenues due to foreign exchange
illiquidity. This trend continued in
4Q15 and largely emanated from wholesale banking
activities, while retail banking showed
greater resilience and earnings momentum. 2016 will be
characterised by continued growth in
retail contribution, stabilisation of wholesale banking
revenues and increased focus on cost
efficiencies (opex, funding and risk) in order to restore
earnings levels".
Best wishes,
FROM: FCMB GROUP PLC.

EDUECO:
@donmarshia,I am hoping for FCMB's great crash in price in order for me to buy more units!

Born2berich:



Will they listen? The answer is No....Most people want someone that will give them hope and eventually take them to hopeville when reality is starring at them in the face....The management of FCMB did investors a big favour by letting shareholders know that the FY 15 result will be bad before it release but as usual, it will be overlooked...Since they want to hear the famous it is well quote, then i say, "It is well".

In stock market, NEVER say NEVER