Stats: 3,236,569 members, 8,102,669 topics. Date: Wednesday, 12 March 2025 at 05:09 PM |
Nairaland Forum / Megainvest's Profile / Megainvest's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (of 38 pages)
![]() |
FBNH on Overdrive! Wetin dey happen? |
![]() |
FBNH on full bid. |
![]() |
veecovee: http://www.nse.com.ng/Financial_NewsDocs/12325_FBN_HOLDINGS_-_PROFIT_WARNING_CORPORATE_ACTIONS_FEBRUARY_2016.pdf |
![]() |
Just imagine if you can see the scoreboard by Friday next week. What decision would you have taken today? It is all about risk! 1 Like |
![]() |
Godisfaithful: Abi o. We should expect nothing from FBNH. Maybe then Mr. Market will decide to surprise us! ![]() |
![]() |
ufotty2001: I guess so. But the irrationality is gradually dispelling. Somebody has placed a huge bet at 1.3 so investors are getting encouraged. ![]() This market is ruled by the money! |
![]() |
daemperor1: Funny market but it wont last forever. 1 Like |
![]() |
Fidelity still up for grabs. I don't think it will be available for very long. Do your DD. |
![]() |
ufotty2001: No FBNH bonus expected this year. Just dividend. 1 Like |
![]() |
![]() |
![]() |
“Again, the kingdom of heaven is like a merchant seeking beautiful pearls, who, when he had found one pearl of great price, went and sold all that he had and bought it. Matthew 13:45-46 (NKJV) 6 Likes 1 Share |
![]() |
Anything can happen. I mean anything! Unprecedented results are very common in this market. 1 Like |
![]() |
peptola: ... Not a buy or sell recommendation. |
![]() |
Fire for fire on FBNH! now N3 ![]() ![]() ![]() |
![]() |
goodyr: Opportunity is being created! 1 Like |
![]() |
NSE has been here since 1960. When you are making money, you will find it interesting. When you are not making money you will not find it interesting. It has been like that since 1960! As long as people will keep making >100% on NSE while others keep losing 99.99%, NSE will remain. 6 Likes |
![]() |
FCMB has proven once again that investors will always over-react to bad news and that is where opportunities are created for the value investors. FCMB in the bank, watching FBNH in 5D. Cha - ching ![]() 3 Likes 1 Share |
![]() |
![]() |
All eyes on Fidelity ![]() 1 Like |
![]() |
@Godisfaithful, when is Fidelity coming to the market? |
![]() |
Happy Easter Fhemmmy. Pls how much is 2009 or 2010 Lexus GX 460 or 470 full option with DVD, reverse camera, navigation etc? Also can you educate me on what the difference is between 460 and 470? Thanks. |
![]() |
bolabiyi: Be very careful with stock brokers' recommendations. What ever decision you want to make, do your own DD. 2 Likes |
![]() |
See this news from SEPLAT: http://www.nse.com.ng/Financial_NewsDocs/12840_SEPLAT_PETROLEUM_NEWS_RELEASE_CORPORATE_ACTIONS_MARCH_2016.pdf The MD/CEO has 1,621,536 units of performance related share awards. If valued at N300 per share, total is > N484m. |
![]() |
Agbalowomeri: It is very obvious. They can not report a loss for FY 2015. You may ask me why. 1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment. 2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all. 3. Q3 results tells the whole story. FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss. You know what I'll type next....... This is not a buy or sell recommendation ![]() 5 Likes |
![]() |
An Excerpt from 9m earnings call:
3 Likes |
![]() |
zendi: I believe PAT will be better than expected. I have gone through FBNH's accounts and earnings call transcripts and it seems that although PAT will be lower than in 2014, it may not fall below 20% YoY. If you listen to the Q3 earning call again, you will hear when a question was asked about the provisioning for Atlantic Energy loan. Management mentioned that if they have to make provisions for it, it is not likely to exceed 10% for Q4. I also recall there was news that Atlantic Energy had come up with a payment plan sometime in November 2015. As a shareholder, the greater immediate concern with FBNH is the increased retention. The price has already adjusted to the impairment news. The problem is that Investors do not know how much retention FBNH is aiming at this time. Significantly higher retention means that payout will be much lower. However, it will be very unfair of the management to reduce payout by more than 50%. 3 Likes |
![]() |
ExLaidback: I like this discussion on FBNH. This to me is the next stock to watch out for because it can go either way right now. It is still very feasible going by all the records, for them to declare 60k dividend and at the same time, it is also possible for them to declare just 10k! Last year, they declared 10k and 1:10 bonus. That can be equated to about N1.05 based on the share price at that time. As at Q3, PAT had dropped by 9.7% YoY to N50.2 billion. Even if the increased impairment losses and CBN fines shave off another 22 billion from the FY results, they can still comfortably pay 60k dividend going by the payout ratio of about 40% of EPS in 2014. However, the management has also said severally that they will increase profit retention which means lower payout ratio (maybe 30% EPS?). FBNH can also decide to be stingy because they have every reason to do so this year. They have suffered so many losses and have even issued a profit warning. This is enough for them to deceive investors with and hide under the cover of "profit warning" to declare a paltry 10k. It is very unlikely for them to declare bonus shares this time. In all, investors who have a very strong heart can take a huge risk on FBNH right now. Short termers need to remain very cautious. Long termers do not need to panic at all. In fact, this is an opportunity for a lifetime. I just bought some significant volumes yesterday. I am ready for whatever outcome FBNH comes out with. We all expect a 10k dividend this year. At least there was a press release that the board will consider dividend payment in their meeting. But Just Imagine for a second what will happen to FBNH share price if they declare anything above 50k. Do your DD. Follow me at your own risk! 8 Likes |
![]() |
1 Like |
![]() |
SEPLAT result is out. EPS down by 76% Final dividend: US$0.04 per share |
![]() |
amateur: Praaaaaaaaaaaaaaaaaaaaaaaise the Lord. Thank you for this news. ![]() |
![]() |
mercylicious: Enjoy your loot. I left UCAP and Zenith today ![]() |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (of 38 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45 |