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Nigerian Stock Exchange Market Pick Alerts - Investment (1477) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 10:41am On Apr 01, 2016
FBNH we hear from the grapevine are in the habit of paying their staff huge bonuses and then sending the leftover to shareholders as dividend which turn out to be peanut.
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 10:42am On Apr 01, 2016
ufotty2001:
please when will diamond bank release their results sad sad sad
And plz did Diamond too issue a profit warning?
I lost track of the warnings when the practice turned cultural.
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 10:42am On Apr 01, 2016
zendi:

And plz did Diamond too issue a profit warning?
I lost track of the warnings when the practice turned cultural.
yes
Re: Nigerian Stock Exchange Market Pick Alerts by ExLaidback: 10:47am On Apr 01, 2016
bigjay01:
FBNH currently have a net bid of ~12m.
Just maybe have woken up from their deep aslumber (my opinion though)

No explicit/implicit recommendation intended

In anticipation of the outcome of their meet next week.
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 10:53am On Apr 01, 2016
veecovee:
pls someone tell me, did fbnh issue profit warning?
yes They did be cautious
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 11:06am On Apr 01, 2016
Happy new month. Beware of April fool
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 11:26am On Apr 01, 2016
I WILL NOT ENCOURAGE ANYBODY TO GO WITH FIRST BANK @ THIS PRICE 3.30K .. THE UNFORESEEABLE RESULTS MAY HAVE A NEGATIVE EFFECT... DO UR DD
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:27am On Apr 01, 2016
Stocks to hold till next quarter Fcmb, oando and dangem...
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 11:28am On Apr 01, 2016
good
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 11:32am On Apr 01, 2016
Am still watching oando, it may pay or flog.......... am just being cautious
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:33am On Apr 01, 2016
FBNH case may be like that of FIDELITY,rallying before result and retracing after result.Whats wrong with ACCESS?
Re: Nigerian Stock Exchange Market Pick Alerts by safepaulooo(m): 11:36am On Apr 01, 2016
FBNH may turn out to be the surprise stock of Q1 despite their profit warning. Investors have generally been known to react far worse than the situation really requires. Perhaps because in accord with human nature, our FEARS are always worse than REALITY. Do your DD...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 11:38am On Apr 01, 2016
FBNH on full bid.
Re: Nigerian Stock Exchange Market Pick Alerts by stokfrick: 11:39am On Apr 01, 2016
It pays to avoid emotional investing! smiley
Re: Nigerian Stock Exchange Market Pick Alerts by ufotty2001: 11:40am On Apr 01, 2016
angelo82:
FBNH case may be like that of FIDELITY,rallying before result and retracing after result.Whats wrong with ACCESS?
I BETTER ENTER ACCESS BANK @ 3.78K WAITING TILL BEFORE CLOSURE OF REGISTER... JO THAN TO ENTER FIRST BANK
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:41am On Apr 01, 2016
rychard:
Stocks to hold till next quarter Fcmb, oando and dangem...

Oga why not tell us they are the stocks you currently have now instead of telling us they are the stocks to watch......

Pls who else know other stocks to watch................Mine is Maybaker and Aiico
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:42am On Apr 01, 2016
megainvest:
FBNH on full bid.

Yes now on full bid but I am suspecting when the result will be out everybody will running to exit.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 11:43am On Apr 01, 2016
Re: Nigerian Stock Exchange Market Pick Alerts by goodyr: 11:51am On Apr 01, 2016
f
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:02pm On Apr 01, 2016
BUY Radar
Zenith
Any price under N11
Under N10 even better
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:08pm On Apr 01, 2016
angelo82:
FBNH case may be like that of FIDELITY,rallying before result and retracing after result.Whats wrong with ACCESS?


Na small dividend dey worry them grin
Re: Nigerian Stock Exchange Market Pick Alerts by Ribaman(m): 12:11pm On Apr 01, 2016
Brilliant!
One of the best and most succinct post I have ever read on Nairaland.
Thanks

NuttyChoky:


Nah... If you do it right, there is no kalo kalo (Ex Big 4 Auditor here - so I'm not unfamiliar with some coys results)

The most important thing to bear in mind is to have a HUGE margin of safety (MOS)... such that even if the worst happens (Bankruptcy), you should get something at a shareholder.

One of my Margin of Safety Criteria is that except a company has good management (e.g. GT Bank) I do not buy & hold their stock if it trades at more than 2x book value (Only AFRIPRUD is this criteria for now because of their business model and balance sheet).

This makes sense to me when Coys like Diamon Bank (1 million mobile app users) are trading at 0.1x and FCMB at 0.09x book value.

You will only run into problems when you buy inflated valuations. (PS: I am an income investor - every other methodology na counterfeit)
Re: Nigerian Stock Exchange Market Pick Alerts by iyb(m): 12:14pm On Apr 01, 2016
lancee:



Na small dividend dey worry them grin
their dividend is small gaskiya ucap try pass them

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by iyb(m): 12:15pm On Apr 01, 2016
fxuser:
BUY Radar
Zenith
Any price under N11
Under N10 even better
do you think it will go under 10 tongue tongue tongue
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:16pm On Apr 01, 2016
lancee:



Na small dividend dey worry them grin

Sitting on top of shareholders money.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:18pm On Apr 01, 2016
iyb:

do you think it will go under 10 tongue tongue tongue

No . .
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:20pm On Apr 01, 2016
On Full offer
Transcorp
Skyebank
GTbank
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 12:33pm On Apr 01, 2016
Happy New Month of April. Wishing every the goodness and mercy of this month. The Almighty God will open to us all our heart desired and answer our prayer. This is our month of open blessings and favor grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by donmarshia(m): 12:45pm On Apr 01, 2016
Oando don start again slow and steady.
Re: Nigerian Stock Exchange Market Pick Alerts by safepaulooo(m): 12:46pm On Apr 01, 2016
Please can someone remind me the closure date for Zenith?
Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 12:48pm On Apr 01, 2016
what is the news on OANDO again?

another round of JIJO? cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by sirflav: 12:49pm On Apr 01, 2016
sirflav:
Other stocks for investors to watch for price appreciation
1) Livestock
2) Nigerian Breweries
3) Nestle
4) Nahco

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