ExLaidback:


I'm a very very Senior Pastor so I can't do that.

On a serious note, look at the facts behind what I've stated, its a no-brainer. Facts and figures are well stated. Some people will thank me later for this but Do your DD.

Div yield is OK.but d problem is, contins rarely appappreciates after markdown.

ExLaidback:


I'm a very very Senior Pastor so I can't do that.

On a serious note, look at the facts behind what I've stated, its a no-brainer. Facts and figures are well stated. Some people will thank me later for this but Do your DD.

ƿĿṡ ọọọọ, ɞĿєṡṡ ṃє ẇıṭһ ȗŗ ƿọŗṭғọĿıọṡ.... ƿĿṡ Ŀıṡṭ ṡṭọċҡ ṭọ єṅṭєŗ ṭһıṡ ẇєєҡ.. ṃY ƿåṡṭọŗ

any news on stanbic?

Observing in FHD

I am not yet convinced.

Adesiji77:
http://businessdayonline.com/2016/05/nigerias-stocks-enter-bull-market-on-investor-hope-for-devaluation/

http://businessdayonline.com/2016/05/mpc-has-slim-room-to-maneuver-as-economy-nears-recession/

The clock is fast changing. MPCs' committee are anticipating not to devalue Naira. Still watching and waiting

Mfunkynation:
ƿĿṡ ọọọọ, ɞĿєṡṡ ṃє ẇıṭһ ȗŗ ƿọŗṭғọĿıọṡ.... ƿĿṡ Ŀıṡṭ ṡṭọċҡ ṭọ єṅṭєŗ ṭһıṡ ẇєєҡ.. ṃY ƿåṡṭọŗ

What's this?

fulfillment2020:
What's this?

'monkey hunting in his language' lol

Devaluation may likely take place tomorrow as I had a dream yesterday that the Naira was devalued.Bnsitl,pls what could be the effects on the economy and most especially on the NSE?

smicc:
Devaluation may likely take place tomorrow as I had a dream yesterday that the Naira was devalued.Bnsitl,pls what could be the effects on the economy and most especially on the NSE?

it should be some months away from now (if any) but not tomorrow but. .

WHich one be CCI. I dont have the CCI but I want my dividend in dollars so that Muhammed can change for me at 355. Oga mi, how e go take be.

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/13795_JAPAUL_OIL_PLC_AUDITED_DEC_2015_FINANCIAL_STATEMENTS_MAY_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/13777_SEPLAT_PETROLEUM_DIVIDEND_INFO_CORPORATE_ACTIONS_MAY_2016.pdf

Good Evening peeps,

My watchlist for this week.

1. FO Plc
2. LIVESTOCK PLC
3. MANSARD INSURANCE.

NB: DO YOUR DD PLS.

K

but.. pls spill it out. l know you know more, pls give me an idea of what you are expecting

Intendy:


it should be some months away from now (if any) but not tomorrow but. .

Some banks are carrying a rather worrisome amount of contingent liabilities off the balance sheet including bankers' acceptances. Zenith Bank is one of them with the equivalent of 29% of its assets kept off the balance sheet in the form of contingent liabilities as at Dec. 31, 2015. When you remember that Zenith is Nigeria's second largest bank by assets, you get a better understanding of the far from ideal scenario. FBN Holdings in a much better position as it relates to off-balance sheet transactions.

Details available at Dialectic Africa Analyst google search:

http://judefejokwu..com

[quote author=tiar post=45910244]Some banks are carrying a rather worrisome amount of contingent liabilities off the balance sheet including bankers' acceptances. Zenith Bank

what is ur point!!! They are good buys or bad ones

http://www.slguardian.org/2016/05/new-financial-order-russia-china-placing-heavy-bets-on-petro-yuan/
Petro-yuan is a strategic payment tool which would facilitate switching to a multipolar monetary systematic which would include various currencies and reflect the global balance of power, Mexican economist Ariel Noyola Rodriguez wrote in an article

China has been paying for Russian oil and gas in yuan since mid-2015
This move has helped increase the popularity of the Chinese currency in the global market.

“This creates basis for a new financial order backed by petro-yuan. The Chinese currency would soon turn into the main currency for trade operations in the Asian-Pacific Region,”

other oil-producing countries, including OPEC members, would also switch to yuan payments for oil.

“Many geo-economic powers understand that in order to build a stable monetary system de-dollarization is needed,” 

smicc:
Devaluation may likely take place tomorrow as I had a dream yesterday that the Naira was devalued.Bnsitl,pls what could be the effects on the economy and most especially on the NSE?

bull... but it was specifically stated that no devaluation is included in our agenda... why are investors hoping for such

NSE this days is scary.


I planned to JI this month end, but what I am seeing heavy for mouth.

I think I have to hold on for now.

chunkuli:
but.. pls spill it out. l know you know more, pls give me an idea of what you are expecting

my oga nothing new is happenening.just keep watching.

Intendy:


my oga nothing new is happenening.just keep watching.

Please do you have an idea if livestock q1 result is out?

willyede:
Please do you have an idea if livestock q1 result is out?

will feed you back.let me check

Nigeria Is Headed For A 'Full-Blown Economic Crisis' - Yahoo Finance

Youngzedd:
Nigeria Is Headed For A 'Full-Blown Economic Crisis' - Yahoo Finance

oh, anoda peterichie is here..issokay..yahoo ko, google ni..

bolabiyi:
oh, anoda peterichie is here..issokay..yahoo ko, google ni..

Actually my good madam, another (almost inevitable) quarter of GDP contraction and we'd officially be in a recession.

Guys, let me help you make some money.

FCMB fell to 0.75 some few months back. Now its 1.4naira. An 86% rise not including a 10k div. Wow! This is pure abnormal profit.

When FCMB was 0.75k there about, we all knew it was undervalued and that within at least an interval of one year would present great gains, yet how many people bought it despite the knowledge that was obvious.

I didn't use Tiger brand as an example because some us never truly beamed our research light on it.

Back to my making money Scheme:

Another example of a money spinner will be FBNH. Come on! isnt it obvious. FBNH wrote off loans of up to 100billion last year and still delivered tangible profits.

The credit quality situation is clear and being tackled head on. In a normal year which I expect this year to be, FBNH will average an EPS of N2.5k.

Some analysts raised concerns about their dollar denominated NPL due to the pending devaluation. Why emphasize so much on dollar loans which a large % had already been written off and little mention is made of FBNHs many subsidiaries with foreign denominated balance sheets which will minimize the effect of any impairments. Devaluation losses will be written off by the balance sheet revaluation gains with a final minimal effect.

In summary, by release of Q2 results, FBNH will have edged up a bit more. I expect it to get to 5naira in July at least.

I am not an investment analyst, I am just trying to help you make money.

Finally, I need to add that FBNH is an expert in disappointing people, so no talk sey na me force you. Do your DD.

bolabiyi:
oh, anoda peterichie is here..issokay..yahoo ko, google ni..

You must be new here.

Youngzedd:
Nigeria Is Headed For A 'Full-Blown Economic Crisis' - Yahoo Finance

your forgot the link:

http://finance.yahoo.com/news/nigeria-headed-full-blown-economic-001500943.html;_ylt=AwrC0CP_JkRXqAwA1YmTmYlQ;_ylu=X3oDMTByMDgyYjJiBGNvbG8DYmYxBHBvcwMyBHZ0aWQDBHNlYwNzYw--

Quote:
Nigeria's economic crisis is getting worse.
On Friday the Nigerian Bureau of Statistics revealed that the country's economy shrank by 0.4% year-over-year in the first quarter — way worse than expected.

Economists were expecting the country to grow by 1.8% year-over-year, according to the Bloomberg consensus.

And now analysts aren't feeling too good about the situation going forward.

"We have long warned of a slow-burning crisis in Nigeria," Capital Economics' Africa economist John Ashbourne said. "It now seems that this view was too optimistic: the country is headed into a full-blown economic crisis."

Nigeria continues to suffer from numerous economic headaches, including lower oil prices and the government's controversial foreign-exchange and price-control policies (which analysts have more or less deemed a failure).

The biggest drop in growth was in Nigeria's manufacturing sector, which Ashbourne wrote was crushed by the country's FX policies.

"This is very bad news for Nigeria's government, which has justified the current FX system as a method of promoting non-oil industries," Ashbourne said. "It is now clear that these policies have — as we'd long argued — made a bad situation worse."


Key take away
FX policy needs urgent adjustment. clearly not working. we will know by end of today.
Rates this am is $1/N330 'ish

willyede:
Please do you have an idea if livestock q1 result is out?

only the audited presently available with me

Intendy:


only the audited presently available with me

Thanks a Bunch

Am not an analyst but take a look at it like this.

If we devalue and CBN doesn't still earn enough forex to meet demand, what happens then. Those guys with dollar stocked up God knows where will make more money right and we will come to Hyper inflation with astronomical increase in price of goods and services. Parallel market operators will start exchanging for 400naira and above. Then the devaluation proponents will come up that we devalue again and d circle keeps going. So where does that leads us.

I stand with Buhari on No Devaluation.

fxuser:


your forgot the link:

http://finance.yahoo.com/news/nigeria-headed-full-blown-economic-001500943.html;_ylt=AwrC0CP_JkRXqAwA1YmTmYlQ;_ylu=X3oDMTByMDgyYjJiBGNvbG8DYmYxBHBvcwMyBHZ0aWQDBHNlYwNzYw--

Quote:
Nigeria's economic crisis is getting worse.
On Friday the Nigerian Bureau of Statistics revealed that the country's economy shrank by 0.4% year-over-year in the first quarter — way worse than expected.

Economists were expecting the country to grow by 1.8% year-over-year, according to the Bloomberg consensus.

And now analysts aren't feeling too good about the situation going forward.

"We have long warned of a slow-burning crisis in Nigeria," Capital Economics' Africa economist John Ashbourne said. "It now seems that this view was too optimistic: the country is headed into a full-blown economic crisis."

Nigeria continues to suffer from numerous economic headaches, including lower oil prices and the government's controversial foreign-exchange and price-control policies (which analysts have more or less deemed a failure).

The biggest drop in growth was in Nigeria's manufacturing sector, which Ashbourne wrote was crushed by the country's FX policies.

"This is very bad news for Nigeria's government, which has justified the current FX system as a method of promoting non-oil industries," Ashbourne said. "It is now clear that these policies have — as we'd long argued — made a bad situation worse."


Key take away
FX policy needs urgent adjustment. clearly not working. we will know by end of today.
Rates this am is $1/N330 'ish