Intendy:
http://nse.com.ng/Financial_NewsDocs/12877_FORTE_OIL_PLC_-_ISSUANCE_OF_BONUS__CORPORATE_ACTIONS_MARCH_2016.pdf

I don't understand this.
Bonus for which financial year? 2014 or 2015?
And why backdate the qualification day?

Make I read am again.

mercylicious:

I don't understand this. Bonus for which financial year? 2014 or 2015? And why backdate the qualification day?
Make I read am again.

its for year end 2014

megainvest:
http://www.nse.com.ng/Financial_NewsDocs/12878_OANDO_ENERGY_2015_RESULTS_CORPORATE_ACTIONS_MARCH_2016.pdf

E be like say oando is back to profitability.
EPs of 10k.

Intendy:

@ 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

Transcorp Hotels used to be the engine(cash cow) of Transcorp,and the hotel is no longer part of Transcorp!

Please can someone please tell me abt transcorp result.. I can download here!!

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

1.00 ..I wish

fbnh fight till finish

lancee:



1.00 ..I wish

fbnh fight till finish

Don't ever underestimate the elephant! FBNH is a 'big boy'.

EDUECO:
Don't ever underestimate the elephant! FBNH is a 'big boy'.

Big boy ..ok

we are expecting btw 30k to N1.00

biko, hw is d result of transcorp? any dividend?

ORAGBON:
I have Guinea insurance, STACO and Equity Insurance for 7 years plus, bought them BTW N3 & N5+, been trying to sell for over a year now@N0.50k.
pls don't go there!

What is the quantity of your Equity Insurance?

EDUECO:
Transcorp Hotels used to be the engine(cash cow) of Transcorp,and the hotel is no longer part of Transcorp!

Are you serious?

The bear wey go follow transcorp dey do pressup.
But if I were in this bus, I wont sell till elumelu comes to MKT.

Remember they can stir a bull even with a bad result.

Am not happy I missed out of fo bonus.
I traded DT stock well a in 2014 and shld be part of this bonus ( na greed dey worry me 4 here)

lancee:



Big boy ..ok

we are expecting btw 30k to N1.00

Seems like FBNH will touch a new low by Friday.

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.

I'm not going to argue, as far as I don't have a crystal ball. However all I said was with respect to the post I quoted. I was as specific as the post I quoted was specific. So I couldn't have added times and dates correct to the second.

Actually stocks are NOT ALWAYS going down. They go up and down - that's the beauty of the trade.

But for the fact that a board meeting is being expected Monday or so next week, I'll be willing to bet that FBNH will still go much further down - throughout this week. God help the management if they declare a very paltry dividend, walai after ex-div the stock will touch N2.00 if care is not taken. Investor confidence in FBNH is at a very low point right now - it doesn't matter if it's justified or not. Of course there'll be a rally if the div yield is very very good (>15%)

As per Zenith, well I consider a rise of between 5% - 11% brief, though I know that would still fetch a lot of people money. Brief, especially if it still goes down after the temporary lift which lasts only a couple of days. This I expect, except there's a very good Q1 result, or Naira devaluation or significant rise in crude price or some other sound economic policy is enacted within the very near future.

But hey I'm not trying to rain on your parade, I'm very well aware that I may well be wrong. Very aware.

angelo82:


Seems like FBNH will touch a new low by Friday.

I think so , we see if 2.70 possible

Longterm thing

Was UBA Marked Down today?

lancee:



I think so , we see if 2.70 possible

Longterm thing

2.48-2.50 won't be bad for now judging from the sentiment in the market but overall,I believe they will do better this year.

angelo82:


2.48-2.50 won't be bad for now judging from the sentiment in the market but overall,I believe they will do better this year.

Hopefully they will try with the new mgt ..Fbnh don suffer from 18naira plus , just too bad for investors that bought @ that price

We will wait and see how low it will go

debeey87:
Was UBA Marked Down today?

yes

EDUECO:
Transcorp Hotels used to be the engine(cash cow) of Transcorp,and the hotel is no longer part of Transcorp!

Nna ... una type of DD for this forum dey fear me O!

Read the financial statements sir... Transcorp owns 83% of Transcorp Hotels, in effect the hotels is a subsidiary and it is consolidated as part of Transcorp's numbers

There's a note on segment information that breaks out where they are losing money (Agric etc) and where they are making it (hotels etc)

NuttyChoky:


Nna ... una type of DD for this forum dey fear me O!

Read the financial statements sir... Transcorp owns 83% of Transcorp Hotels, in effect the hotels is a subsidiary and it is consolidated as part of Transcorp's numbers

There's a note on segment information that breaks out where they are losing money (Agric etc) and where they are making it (hotels etc)

pls hw is transcorp result n dividends

PETERiCHY:


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

*ThE OcToPuS*

http://www.osundefender.org/?p=242556

For every dollar brought into Nigeria this year, more than $2 has been taken out according to a report on foreign portfolio investment (FPI).

A year-to-date report on FPI obtained at the weekend, indicated that Nigeria suffered a net deficit of 108 per cent in the first two months of the year.

The FPI outflow worsened in February, as uncertainties persisted over Nigeria’s foreign exchange management.

The report, coordinated by the Nigerian Stock Exchange (NSE), showed that FP outflow outpaced inflow by 108 per cent.

The two-month report showed that foreign outflow totalled N58.20 billion as against foreign inflow of N27.95 billion.

Total foreign transactions of N86.15 billion represented 42.8 per cent.

mercylicious:
Fcmb currently retracing. Hehehe.
Uba finally taking a bow. Heheheheh.

I am not surprised Declare dividend and share price will go south

NuttyChoky:


Nna ... una type of DD for this forum dey fear me O!

Read the financial statements sir... Transcorp owns 83% of Transcorp Hotels, in effect the hotels is a subsidiary and it is consolidated as part of Transcorp's numbers

There's a note on segment information that breaks out where they are losing money (Agric etc) and where they are making it (hotels etc)

Why was the hotel listed as a separate entity? Please,I need answers from the house.

kaboninc:



Are you serious?

What is the reason for the separate listing?

Someone should please tell us abt transcorp.. I can't download.
.

Let's see how low fidelity can go.
I need it at 1.25 . I want to ji @ DT price b4 result is released.

mercylicious:


E be like say oando is back to profitability.
EPs of 10k.

The result is for the subsidiary of Oando, and not that of the main Oando.

ufotty2001:
Someone should please tell us abt transcorp.. I can't download.
.

You can read some of my views on SMN


http://www.stockmarketnigeria.com/forums/conglomerate-stocks/419-transcorp-185.html#post275172




The company is another Oando in the making.

mercylicious:
Let's see how low fidelity can go.
I need it at 1.25 . I want to ji @ DT price b4 result is released.

The result will likely be released tomorrow,it may not get lower than 1.30.

manie:


You can read some of my views on SMN


http://www.stockmarketnigeria.com/forums/conglomerate-stocks/419-transcorp-185.html#post275172




The company is another Oando in the making.

We visit smn when we want to know current affairs and come back yo nsempa when we want to make money.

EDUECO:
The result will likely be released tomorrow,it may not get lower than 1.30.

I know, but I hope it will be delayed so that I can enter.