fbn selling at n9 currently.

mercylicious:
hi bnsitl
when does trade for ppl like us start? am trying to sell sum stuff via morgan and its givibg me the message dt it was rejected. reason- only mkter makers permitted. By 10:20am?

abeg i need clarification. if one executes a sell on this morgan capital i-trade platform, can one use the proceeds to make place a buy order same day?

if yes then i would want to open an account with them. i currently use SISL brokers.

mercylicious:
fbn selling at n9 currently.

now at 8.95

PETERiCHY:
My entry PRICES come june 2015.

GTB= #15:00k
ZENITH= #12:00k
STANBIC= #10:00k
ETI= #9:00k
FBN= #8:00k
ACCESS= #5:00k
FCMB= #2:50k
DIAMOND= #2:50k
UBN= #1:98k
SKYEBANK= #1:98k
UBA= #1:98k
FIDELITY= #1:00k
STERLING= #1:00k
WEMA= Not interested.
UNITY= Not interested.

*The OcToPuS*

My benchmark will soon become a reality!

PETERiCHY:



My benchmark will soon become a reality!

following with interest
*spreads mat and sips zoborodo**

chukyjones:


abeg i need clarification. if one executes a sell on this morgan capital i-trade platform, can one use the proceeds to make place a buy order same day?

if yes then i would want to open an account with them. i currently use SISL brokers.

They used to do dt b4 now . Th changed during the time they were auditing their books, i dont know if they have reverted back to the status quo as i have not been active for a while.

sis bigass, abeg assist with answer.

mercylicious:


They used to do dt b4 now . Th changed during the time they were auditing their books, i dont know if they have reverted back to the status quo as i have not been active for a while.

sis bigass, abeg assist with answer.

I executed the maneuver this morning. Sold my entire holdings and re-entered by executing a buy 2 minutes later.

PETERiCHY:



My benchmark will soon become a reality!

I laff in Swahili... so you think Stanbic will sell at N10? Ok ooo we are watching.

PETERiCHY:
My entry PRICES come june 2015.

GTB= #15:00k
ZENITH= #12:00k
STANBIC= #10:00k
ETI= #9:00k
FBN= #8:00k
ACCESS= #5:00k
FCMB= #2:50k
DIAMOND= #2:50k
UBN= #1:98k
SKYEBANK= #1:98k
UBA= #1:98k
FIDELITY= #1:00k
STERLING= #1:00k
WEMA= Not interested.
UNITY= Not interested.

*The OcToPuS*

Sir Peterichy, this is self over-assumption and expectation that has no basis especially seeing Diamond @ 2.50K, Stanbic @ 10.00K and UBA @ 1.98K. I believe you can do better though...

FranklinRich:


I laff in Swahili... so you think Stanbic will sell at N10? Ok ooo we are watching.

If GTB can go below #9:00k in 2009. then what makes you think STANBIC won't touch #10:00k again? Better forget that their abracatabra reconstruction in 2012.

If u own those stocks, will u be willing to sell at such wicked prices. Even when by mistake UBA gets to N1 will u still buy or shift the goal post?

Must ppl lose so much money in a particular stock before u buy.

Octupus! Sovereign God still rules over the affairs of men.

#Talk is cheap

mercylicious:


They used to do dt b4 now . Th changed during the time they were auditing their books, i dont know if they have reverted back to the status quo as i have not been active for a while.

sis bigass, abeg assist with answer.

I remember I called one day I was told they follow rules laid down by NSE .

PETERiCHY:
My entry PRICES come june 2015.

GTB= #15:00k
ZENITH= #12:00k
STANBIC= #10:00k
ETI= #9:00k
FBN= #8:00k
ACCESS= #5:00k
FCMB= #2:50k
DIAMOND= #2:50k
UBN= #1:98k
SKYEBANK= #1:98k
UBA= #1:98k
FIDELITY= #1:00k
STERLING= #1:00k
WEMA= Not interested.
UNITY= Not interested.

*The OcToPuS*

lets wait and see but I doubt this

PETERiCHY:


If GTB can go below #9:00k in 2009. then what makes you think STANBIC won't touch #10:00k again? Better forget that their abracatabra reconstruction in 2012.

Oga, by Gods grace we all will be here come June 2015, Stanbic will not sell at N10...Or you wan bet?

myjoy08:


Sir Peterichy, this is self over-assumption and expectation that has no basis especially seeing Diamond @ 2.50K, Stanbic @ 10.00K and UBA @ 1.98K. I believe you can do better though...

Mind you in 1st Quarter 2012.

UBA traded below #1:70k,

Union Bank traded below #1:70k,

Diamond traded below #2:15k,

Fidelity traded below #1:15k

STANBIC has always been trading
below #10:00k before their Abracatabra reconstruction which took place around August 2012 and i believe history has a way of repeating itself.

At this point let me chip in, Business forum is where you see breeds of ideas and not a competitive platform as most people sees it coz nobody knows it all.

So It's now left for each individual to choose the strategy that works for them depending on their risk apetite because what works for you might not work for me.

Happy investing.

PETERiCHY:



Mind you in 1st Quarter 2012.

UBA traded below #1:70k,

Union Bank traded below #1:70k,

Diamond traded below #2:15k,

Fidelity traded below #1:15k

STANBIC has always been trading
below #10:00k before their Abracatabra reconstruction which took place around August 2012 and i believe history has a way of repeating itself.

At this point let me chip in, Business forum is where you see breeds of ideas and not a competitive platform as most people sees it coz nobody knows it all.

So It's now left for each individual to choose the strategy that works for them depending on their risk apetite because what works for you might not work.

Happy investing.

Sir, and you believe that we are in the same financial dilemma of 2008-2012 era as you mentioned? Well, this is not the time to be throwing a stone at a glass house. We are waiting but i can assured you that such self-prediction or self-exclamation of this targets price has no proved basis.

PETERiCHY:


If GTB can go below #9:00k in 2009. then what makes you think STANBIC won't touch #10:00k again? Better forget that their abracatabra reconstruction in 2012.

Stanbic was even 4. something in 2009....

SWG1:
If u own those stocks, will u be willing to sell at such wicked prices. Even when by mistake UBA gets to N1 will u still buy or shift the goal post?

Must ppl lose so much money in a particular stock before u buy.

Octupus! Sovereign God still rules over the affairs of men.

#Talk is cheap

This my 10years in this ministry and I have had my good, bad and ugly experiences, Even now my fund is still trapped in BANKPHB shares since August 5th 2011,

Its not as if they must all hit those price target since I'm not GOD but as a veteran those are my benchmarks or working surface for now.

So nobody is witch-hunting anybody but like I said earlier we all need to stick to the strategy that works for us and turn our MESS into MESSAGE.

So when is the best time to 're-enter the market now?

angelo82:



Stanbic was even 4. something in 2009....

Thats before their reconstruction.

bigjay01:


If FBNH (an indeed others) really believe their shares are selling well below book value, why can't they buy them back at ~N9 and sell back to the market (via rights/PO) after the allowable period?

We hardly hear anythng like share-buyback in Naija because even the listed coys don´t trust the NSE otherwise why won´t they buy back their shares if they believe the shares are greatly undervalued?

Chibuking81:
It is a broad daylight robbery for Oando to sell their right issue above the market price, which I know that no body is ready to buy, unless the company categorically tell the investors that, there will be 1-1 bonus after the right issue base on the stated date for qualification of right issue.

I think they already have investors that will buy up these rights. These guys don´t give a fvck about shareholders.

angelo82:

Stanbic was even 4. something in 2009....

They had not adopted the Holdco structure and the successful 1:5 share reconstruction as @2009.

Elai147:


We hardly hear anythng like share-buyback in Naija because even the listed coys don´t trust the NSE otherwise why won´t they buy back their shares if they believe the shares are greatly undervalued?

Exactly my point! They don't even believe in the businesses they are running. Otherwise, it is not rocket science or neurosurgery ... they would have bought back a lot of their shares at this depressed? valuations.

Also an indirect way of rewarding shareholders via an increase in EPS

deceiving shareholders since 1914

primed:
So when is the best time to 're-enter the market now?

Enter between now and this weekend, sell last week of December.

Disclamer:: Do your due digilence

If I must buy banks;

Fbn at 5.0
Gtb at 14.0
Zenith at 12.0
Stanbic at 16.0
Uba at 2.0
fcmb at 1.5
Access at 4.0
Sterling at 1.5

Peterichy can have the rest

Agbalowomeri:
If I must buy banks;

Fbn at 5.0
Gtb at 14.0
Zenith at 12.0
Stanbic at 16.0
Uba at 2.0
fcmb at 1.5
Access at 4.0
Sterling at 1.5

Peterichy can have the rest

Na wa ooooo........ Una wan give people High BP here abi?
E no go work for una at all!
Meanwhile, who dey push KOD(ikeja) Hotels?

Nse ruinin lives since 1900.is it beta to run with 50% loss or wait further.? Which way bnsil

Krisuba:
Nse ruinin lives since 1900.is it beta to run with 50% loss or wait further.? Which way bnsil

Patience is a virtue Sir. Remember no pain, no gain. In all, it is WELL!

Krisuba:
Nse ruinin lives since 1900.is it beta to run with 50% loss or wait further.? Which way bnsil

Waoh 50% down excluding other charges,too late for you to run now.
I blv the dynamics of the market will change once the national conventions are over and we have clear candidates for both parties.(2) we are in december,I expect santa to visit,even a lean santa will do (3) Dividens seekers will renter the market before march 015.
you must recover part of the 50% but the last call is yours.

[quote author=Agbalowomeri post=28707000]If I must buy banks;

Fbn at 5.0
Gtb at 14.0
Zenith at 12.0
Stanbic at 16.0
Uba at 2.0
fcmb at 1.5
Access at 4.0
Sterling at 1.5

I love this junctions.

[quote author=Agbalowomeri post=28707000]If I must buy banks;

Fbn at 5.0
Gtb at 14.0
Zenith at 12.0
Stanbic at 16.0
Uba at 2.0
fcmb at 1.5
Access at 4.0
Sterling at 1.5

I love all these junctions.