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Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 4:20pm On Mar 03, 2016 |
I repeat those that bought FCMB today are only smart if a fool comes along to buy from them at a higher price. But please ask your self - what am i looking for with FCMB that i will not find bountifully in other profitable stocks? |
Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 4:25pm On Mar 03, 2016 |
This is an interesting debate about FCMB.. Truly enjoying it..but let me quickly ask, Is there any possibility the company may go 'under'?? just like BankPhb, Oceanic, Intercontinental etc I am for long term and might have not much time monitoring(JIJO) with any stock.. considering going long on the stock but can't find enough info online... Godisfaithful,stockbull,manie,mega,Born2be,angelo etc... your take. |
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 4:27pm On Mar 03, 2016 |
rebekah2011: If they have also lost big so they now look forward to other investors losing their hard earned income? If the stock price falls lower to say 55kobo after i have bought from you at 88 kobo meaning i have had 37% of my investment wiped out in 10 days or less. ie 1million naira turns to 600 thousand naira in the short term. Do you consider this a wise investment? Please let the stock bottom out so that that rich cowboy hiding somewhere manipulating the stock does not make us into fools while making himself richer |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:28pm On Mar 03, 2016 |
In every market SOME MUST LOOSE MONEY FOR OTHERS TO MAKE MONEY.
that's the way it works and pray and hope you are part of the latter |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 4:29pm On Mar 03, 2016 |
Justcul: Sir, I wouldn't touch FCMB for now taken into consideration other emergence factors. I will rather buy more of Zenith, Access, UBA, and consider Fidelity (within banking sector) instead of living in hopeville. Hope is not an investment strategy. I want returns on my Investment NOW Remember, in stock market, anything is possible! 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 4:32pm On Mar 03, 2016 |
IHelp: Play along with them and sell to who? That is not investing my friend it is manipulation and legal fraud! ******If you are buying FCMB you are not investing you are simply guessing and hoping******** 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 4:34pm On Mar 03, 2016 |
Youngzedd:You won't have to leave it for your grandchildren, unless they are mature enough to take it over in a few weeks time. The problem of this stock as far as I know is the profit warning which is hanging over it like a dark cloud. When the expected bad full year result is released, and the market is done spanking it for one or two more days, it will commence a fast recovery back to N1 or above, unless the general market condition has by then so deteriorated that its peers like fidelity and diamond have themselves descended below N1. Before release of full year result there is no sustainable rebound. It may even touch the car park if the result tarries, but will never stay there as long as fcmb remains a going concern. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 4:36pm On Mar 03, 2016 |
peptola: Okay, trying to get your point. Your point is that we should wait for FCMB to fall to 50k before buying right? Or is it that you feel FCMB is a company going under because of the expected loss in the 2015 financial year? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Skimpledawg(m): 4:39pm On Mar 03, 2016 |
Coolcash1:Thanks alot man! It was really helpful |
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:42pm On Mar 03, 2016 |
Manonamission: FCMB, Fidelity, Skye, Diamond are all in the same category. FCMB is being battered because it only came out with profit warning. Others are sitting on a pile of gunpowder too. |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 4:42pm On Mar 03, 2016 |
Justcul: Godisfaithful: Myjoy has given the answer I would have given...There is nothing more to add. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 4:46pm On Mar 03, 2016 |
bigass: #blushing# |
Re: Nigerian Stock Exchange Market Pick Alerts by peptola: 4:54pm On Mar 03, 2016 |
bigass: As you can see she intends to sell when the price appreciates and to sell as soon as possible too. she has no intention of long term investment with this FCMB She waits for no dividend what so ever. All she cares about is taking advantage of the dreamer who; 1) contemplates the price will still keep going up 2) gullibly thinks the price is at the very bottom and will fall no further 3) listens to tricksters advising him on some long term adventure with a non profitable stock in the midst of plenty ufotty2001: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 4:58pm On Mar 03, 2016 |
Leave FCMB alone and stop making people who are already trapped sad or is there something else you are not tellings us. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 5:16pm On Mar 03, 2016 |
Done my dd . Zenith is not paying less than last years FY dividend of 1.75k Remember this post!! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 5:18pm On Mar 03, 2016 |
angelo82: |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 5:27pm On Mar 03, 2016 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:31pm On Mar 03, 2016 |
stokfrick: quoted for future reference. infact, i had a dream 2days ago. see money!!! I know its not my salary cos dt has been paid. it can only be from nse at this time. afriprud down, uba next, then the grandfather- zenith. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:33pm On Mar 03, 2016 |
went through the price list today and only 600k naira of afriprud sold. u guys shld release this stock naa. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:39pm On Mar 03, 2016 |
Agbalowomeri: IT MEANS THIS
|
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:41pm On Mar 03, 2016 |
mercylicious: Na your profile pix be this? |
Re: Nigerian Stock Exchange Market Pick Alerts by IHelp: 5:43pm On Mar 03, 2016 |
peptola: Sir am here to make money. The last time I checked what am doing is legal. My strategy works for me, am sticking to it. Does yours work for you? Stick to it too 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by NuttyChoky(m): 5:49pm On Mar 03, 2016 |
currentprice: Until I see their year end numbers... to ensure they have not breached CAR requirements... I will not touch FCMB with a long pole... I always ask myself what if I'm stuck and JIJO did not work? will I regret my decision badly? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by IdrisAdebiye: 6:02pm On Mar 03, 2016 |
My thoughts on FCMB: 1. By end of this month, FCMB will release their 1st Quarter result which most likely wont be a bad one (remember that the anticipated bad result is for 2015 year end). 2. What some investors are doing is called Positioning. That is, buying now at N0.68k (and some are praying it will crash further to sub N0.60k) not because they are buying to get dividend but only buying against the future -half year (which is in 4 months time) 3. By half year, EPS (earning per share) would be in the range of 50k and the price would move to about N1.30k which is almost 100% return for the investors that would enter after now. Note, the Bank will not die, its a going concern. They have a challenge with bad loans and they'll take the provision and move on. Ask yourself, those that would wait for 6 months and make 100% or more, are they really 'stupid'? This is not a 'buy' recommendation in any way. I just wanted to add my voice to the on-going discourse. Thank you 7 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 6:10pm On Mar 03, 2016 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 6:30pm On Mar 03, 2016 |
peptola:Exactly what you whispered to yourself, no doubt, when you saw people buying tigerbrands at 0.98. Don't be too irate over the fcmb matter. Everybody here is not into orthodox, conservative investing. Some of us here, playing with our own money, are hard-nosed speculators, willing to take calculated risks for the chance of higher returns. Speculators have their place in the stock market . So since the profit warning, I entered fcmb for the first time today at 0.68, willing to escort it down to the the car park if that be its destination. May not make sense to you because of your own orientation, but may make sense to another. Everybody does not need to operate by the same investment strategies and objective. That kola nut is bitter in your mouth does not mean there are not people who value it. 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 6:47pm On Mar 03, 2016 |
zendi: Thanks for this zendi...I have reiterated the samething to peptola before 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Youngzedd(m): 7:12pm On Mar 03, 2016 |
He just carry the matter for head as if FCMB raped him 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bigass(f): 7:28pm On Mar 03, 2016 |
peptola: I hope this will bring FCMB to 0.58K so i can buy more!!!!!!!!!! and sell to your peeps at 1.08K 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:50pm On Mar 03, 2016 |
Born2berich: Clash of the Monkey Hunters. There are two sets of Monkey Hunters: one is looking for who to dump on, and the other set is looking for who to buy from at a cheaper price. All BnSITL belong to one of the two sets at some point. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 7:57pm On Mar 03, 2016 |
Elai147:Oga elai, welcome back oooo...Oya let's discuss...What do you think is causing the delay in GTB and zenith result? Also, do you think banking stocks like fcmb and fbhn are going to get out of this bad debt mess? I don't think I have seen your post on this issue hence my questions 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 7:59pm On Mar 03, 2016 |
Youngzedd: It is crystal clear. |
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