Primetech:


Wait for 2016 FY and come back.

?

fxuser:
Stanbic
- 5 kobo dividend for 2015 FYI

This is never a bank but an enterprise.

fxuser:
Sterln Bank
- d JUJU continues

Many U.S stocks pays dividend quarterly but Nigerian companies seems greedy.At the end of the day they will give meagre amount as dividend.

Market may rally tommorrow considering for the first time this year the value of trade today is up to 10Billion.

fxuser:


Sterln
30m units traded ! smh

fxuser:
FO
- 3m units traded ! buyers mopping the trapped sellers lol
- the JIJO here na next to JUJU level lol
- not for kids

It seems the bears are still around here until offers are completely reduced,FO may still loose 30% more.

fxuser:
Sterln
- big vols last 4 days
- 22m units traded
- the market marker na MMM specialist lol

Intentionally controlling the price so that retail traders can sell at loss.

FO don use style reduced most of the offer.

Tritri:
fcmb was in the same position early this year and even the share price was 0.68 then.

They paid dividend and they are out of the wood.FCMB eps may reach 1 something by year end.

Tritri:


okay ooh..i dey fear ooh..as am heavily loaded on diamond.

I don't think I can buy diamond for now until they show some sense by considering returns on shareholders fund.But medium outlook of FCMB is pretty good.

Tritri:
NA WA OOH...With this CBN news on recapitalization do you think it safe to invest in Diamond or FCMB again?

Recapitalization is not news just that the NDIC guy was spewing the news like rubbish.Those are still cheap for medium term.

pluto09:


Overvalued? By what parameters? I doubt it if there will be any stock that will beat UCAP in term of dividend yield in the next earning season!

The 3rd quarter eps is 0.78k and final eps may reach 1naira or exceed it.This company may likely surprise the market again.

DeRuggedProf:


FO has pulled back....

You dey mind am when the main rally is this week till next week.

fxuser:


- not liquid
-in the last 3 months , only traded over a 1 million units 3 times
-however its at a 5 yr low, all time RSI low on weekly chart
-watch for RSI brk above 50 on daily chart

What about the eps?is it enough to pay the usual 25k?

fxuser:

Beware
''Easier to sit in a losing trade than winning. Hope emotion stronger than fear.''

Whats your take on VITAFOAM?

Tritri:



I want 1 stock that will get me 100% sir. not all this monitoring spirit everyday only to end up with 11% after been happy and dreaming of 50% at list just as locodemy on fcmb

When you see those stocks, you won't be able to buy them but at last they will return the 100% or even more.

fxuser:
FO
- seems some are cashing out at 142 ! wat a bounce back

Do you think it can pull back or still going up?

currentprice:


what happen to the leadcapital bro?

I still have that but need a third broker as in 3rd account..

There is no platform online to register for Morgan Capital account or any column to download the form online.If you have their forms kindly attach it here.0.25% commission is a consideration for JIJO trading.

fxuser:


-Sellers park like sardines at that 2.70 junction (prev high been tested)
- Expect plenty rejection while SP will look for new support ard 2.60 possibly


Recom:
Dividend players shud Hold , the real battle is in JAN

It seems NSE might have changed direction as good news may disallow volatility come JAN/FEB.

ogoo4real:


Mobil is drinking water...

Must Mobil go back to base because of water?

What is happening to mobil?

OBAGADAFFI:



Has the Market opened yet?

I am seeing Connected on Leadcapital.

Yes.

Whats going on with NSE including all the trading portals?

fxuser:
UCap
- very strong opening at N2.59
- its looking for any last profit takers (sellers) before marking up !


FCMB
- checking to see if any sellers left before marking up

Checking if there are monkeys willing to be slaughtered at that price.

locodemy:
This must be a tough time for Diamond bank as investors who love dividend are having an exciting moment loading dividend paying stocks.

Fidelity bank worths considerate when it comes to dividend than diamond..........i expect Diamond to fall the more......

There is no other way about except they reverse the trend and start paying dividend.Diamond is on its way to Skye bus station.

currentprice:
noticed something with leadtrader this morning

just tested their platform for the first time for a BUY limit. the price i thought will not be fill though it within the daily band.

but the order got filled not too long. hope the order reach nse or is it only on leadtrader paper order.

i will try and registered this new acct. with cscs for confirmation

@OBAGADAFFI and angelo82,,, are they for real

One thing about them is that they over comply to rules of NSE and besides if you click market research under research column you will see the trades and the quantity bought or sold even from other platform.

Coolcash1:


Your thoughts sound logical but considering the current economic doldrums I don't see it successful. Besides, these assets are as good as moribund and would gulp so much capital to revive them. Where the bank decides to spin them off at a forced value, then the moment of respite management is looking for might still be far away. Like I said, the government should just take full control, EFCC should go after the loan defaulters force them to pay down significant portion of the outstanding and agree a payment plan for the balance. If this is done it will help cure the negative CAR of the bank and better reposition it for any future buy out.

These are good assets both domestic and foreign.

fxuser:


Even AMCON will reject Skye. They can't afford it for now

Selling or nationalizing skye is not an option for now because most of the other shareholders are current APC members and selling the subsidiaries is what they are waiting for to prop up their balance sheet and release the damn result.

[quote author=ExLaidback post=51698737]The more I see the trend in digital currency and mobile money wallets the more I worry about the near future of our banking institutions.



Why are you worried?,banks are still in charge of all these and without them nothing can be done.