Anything can happen. I mean anything!
Unprecedented results are very common in this market.

chillykelly86:



Bros, I hope you're joking sha

am not joking... someone just sent me a txt to confirm the current price...

“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)

fxuser:


best to sell before closure for short term players ! IMO (cash in 10 - 20% after fees)
else its a liquidity trap cause of d rush for the exit pre closure date & post closure.
your patience will be tested with capital tied up pending supposed div payments
we keep learning

Truth is, you can't predict the market. Before, we have had seasons when immediately after ex div (Mark down), prices recovered same day. So capital was preserved why dividend was earned.

I feel an increase in short termers in the market is affecting us. If we still had huge impact from Foreign investments, which most times are long termers, they would not be thinking of playing short term. A typical huge fund manager buys in, earns a div yield of 11-12% which is cool, waits close to one year to review if the investment should be disposed of, expecting that at least capital should be preserved within the period. So in essence you have more buyers before dividend mark down date and less sellers immediately after.

We just need to understand the times and play.

100m on Livestock. 5% of the issued share capital of the company. We are watching.

megainvest:
“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)

mercylicious:
Fcmb currently retracing.
Hehehe.

Uba finally taking a bow.
Heheheheh.

UBA Q1 2016 result may lift the price again.

Manonamission:
100m on Livestock. 5% of the issued share capital of the company. We are watching.

"Watching" not "buying". Don't have a single unit.

angelo82:


UBA Q1 2016 result may lift the price again.

I hope so

Other stocks for investors to watch for price appreciation
1) Livestock
2) Nigerian Breweries
3) Nestle
4) Nahco

megainvest:
“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)

Hallelujah Brother Megainvest!

https://www.nairaland.com/3019468/meristem-stockbrokers-limited-survey

Thank You.

donmarshia:


Truth is, you can't predict the market. Before, we have had seasons when immediately after ex div (Mark down), prices recovered same day. So capital was preserved why dividend was earned.

I feel an increase in short termers in the market is affecting us. If we still had huge impact from Foreign investments, which most times are long termers, they would not be thinking of playing short term. A typical huge fund manager buys in, earns a div yield of 11-12% which is cool, waits close to one year to review if the investment should be disposed of, expecting that at least capital should be preserved within the period. So in essence you have more buyers before dividend mark down date and less sellers immediately after.

We just need to understand the times and play.

APC has brought tremendous change! Those foreigners will still come,there is no other stock exchange like our lovely NSE!

meritrade:
https://www.nairaland.com/3019468/meristem-stockbrokers-limited-survey

Thank You.

I hope meristem will look into their brokerage service charge by reducing it? That's my only suggestion. Overall, you guys provide a very wonderful services.

megainvest:
“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)

That one pearl of great price is the GREENBACK
Take it or leave it!

*ThE OcToPuS*

leo1234:

I am no longer moved by those bull traps.
The funny thing is that even if FCMB declare 20% dividend @ current price the share price will still go down.
NSE is no longer interesting

absolutely

donmarshia:


Truth is, you can't predict the market. Before, we have had seasons when immediately after ex div (Mark down), prices recovered same day. So capital was preserved why dividend was earned.

I feel an increase in short termers in the market is affecting us. If we still had huge impact from Foreign investments, which most times are long termers, they would not be thinking of playing short term. A typical huge fund manager buys in, earns a div yield of 11-12% which is cool, waits close to one year to review if the investment should be disposed of, expecting that at least capital should be preserved within the period. So in essence you have more buyers before dividend mark down date and less sellers immediately after.

We just need to understand the times and play.

Sure . the economy desperately needs a more flexible exchange mechanism

UBA down by 76k na waaaa ooh.what happen who brought down the price down like this

ExLaidback:


You're not going to see any significant turn around in Zenith bank YET. At least not this week. FBNH can still go either way. I suspect there'll be brief respite for both stocks, yes, but they are still going DOWN. I remember stating the path UCAP was going to take in it's last trading days before it's Ex-div, which it did. The market needs more than just new 52 week lows to stage an effective turn around. Emphasis on 'effective'


But this is just my call (more of speculation). We will see what the market has to say.

your call does not spur action and too many loose bits. since you're speculating, price and time should be first contemplated and can then be vaguely specified.
"not this week" is too vague. "FBNH can still go either way" is also vague. "...respite"; vague. "... but they are still going down" this is clearly a good example because stocks are always heading down in a bear market, it's predicting a detailed heading up that's the tricky part.
Also my prediction for a turnaround has little to do with any new 52 week low.

Market, starting with a couple of stocks like Zenith bank, will begin to turn around on Friday if not tomorrow. Then by next week others will follow. Zenith offered good price @ N10.52 today, closed @ 10.96 though 11.00 was expected. If it trades lower tomorrow - take it!

As for FBNH i think we should be patient.

peptola:


your call does not spur action and too many loose bits. since you're speculating, price and time should be first contemplated and can then be vaguely specified.
"not this week" is too vague. "FBNH can still go either way" is also vague. "...respite"; vague. "... but they are still going down" this is clearly a good example because stocks are always heading down in a bear market, it's predicting a detailed heading up that's the tricky part.
Also my prediction for a turnaround has little to do with any new 52 week low.

Market, starting with a couple of stocks like Zenith bank, will begin to turn around on Friday if not tomorrow. Then by next week others will follow. Zenith offered good price @ N10.52 today, closed @ 10.96 though 11.00 was expected. If it trades lower tomorrow - take it!

As for FBNH i think we should be patient.

Fbnh has buttomed out or at worse has one more day loss/recovery signal to make!

megainvest:
http://www.nse.com.ng/Financial_NewsDocs/12888_TRANSCORP_PLC_AUDITED_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

please what is d dividend .. abeg.. my china fone dey make me vex

Is transcorp dividend 6 kobo again ? Wait. no dividend

fcmb @ 0.78k gave 0.10k... expecting diamond bank to give 0.15.. fidelity 0.13k and first bank 0.50 plus bonus issue..

I warned on this forum sha as I was exiting transcorp early last week at N1.18

See am now Loss per share of N0.51k

PS: I still think it is potentially a good long term hold... this is not a recommendation

ufotty2001:
fcmb @ 0.78k gave 0.10k... expecting diamond bank to give 0.15.. fidelity 0.13k and first bank 0.50 plus bonus issue..

No FBNH bonus expected this year. Just dividend.

ufotty2001:
fcmb @ 0.78k gave 0.10k... expecting diamond bank to give 0.15.. fidelity 0.13k and first bank 0.50 plus bonus issue..

bonus ke

megainvest:
http://www.nse.com.ng/Financial_NewsDocs/12888_TRANSCORP_PLC_AUDITED_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

@ mercy look @ the result and compare to my post on February 24.
I'm neither a prophet nor claiming to be something.thank you
https://www.nairaland.com/post/43203754

megainvest:


No FBNH bonus expected this year. Just dividend.

My trap for FBNH is ready and I am now on observation mood;at worst 40 Kobo,and at best N1.00 dividend.