currentprice:


chai,,,, after given you 2 stock to take your choice,,, you still want him to recommend 1 out to buy


anyway since you missed on fcmb,,,, go for skye and thank me later

skye??

Adesiji77:
http://nairametrics.com/these-are-the-banks-to-buy-and-sell-pre-cbn-devaluation/

So who do you buy now?

A report by Renaissance Capital in January 2016, which mimicked the impact of a 20% devaluation on the sector recommended Zenith Bank, GTBank and Stanbic IBTC as buys.

We tend to agree with the names although we would add Access Bank and UBA on the list of bank stocks to buy today.

According to RenCap FBNH, Skye, Ecobank Nigeria and FCMB would probably be quickest to breach minimum CAR requirements due to a weaker naira.

We tend to agree with some names on this list and would point out FBNH as a major SELL due to its elevated FX assets (loans) on its books.

My gurus in the house, please help. I'm trying to understand the consequences of breaking the stipulated CBN CAR requirements of prudential limit of 10%. My understanding is that, breaking CAR requirements will only result in penalty from CBN. For example, if FBNH FX position triggers and allows the company to stay below CBN CAR requirements. This will only attracts financial penalty, which FBNH should be able to cover comfortably from their FX speculative gains.

Somebody should clarify me on ci leasing.
Did they declare dividend for 2015? I bought that stock based on the rumour that they will declare 0.08 as dividend.
Its like I bought monkeys

betcindy:
I have picks but still need your contributions before my conclusion pls.

Livestock, Apr., fbnh and diamond bank.

Which one do i go for pls .
Cc.

Sir, tomorrow is another day. Don't worry, there are many battle to be won in this market. Just do your due diligence on Diamond and Livestock. Tips: the shark behind Diamond are stronger

courage89:


My gurus in the house, please help. I'm trying to understand the consequences of breaking the stipulated CBN CAR requirements of prudential limit of 10%. My understanding is that, breaking CAR requirements will only result in penalty from CBN. For example, if FBNH FX position triggers and allows the company to stay below CBN CAR requirements. This will only attracts financial penalty, which FBNH should be able to cover comfortably from their FX speculative gains.

Sir, don't let all these analysts confuse you. Focus on what works best for you. There's money to be made in this market if only you are fearless and stay tuned to right information!

courage89:


My gurus in the house, please help. I'm trying to understand the consequences of breaking the stipulated CBN CAR requirements of prudential limit of 10%. My understanding is that, breaking CAR requirements will only result in penalty from CBN. For example, if FBNH FX position triggers and allows the company to stay below CBN CAR requirements. This will only attracts financial penalty, which FBNH should be able to cover comfortably from their FX speculative gains.

Sir, don't let all these analysts confuse you. Focus on what works best for you. There's money to be made in this market if only you are fearless and stay tuned to right information

Godisfaithful:


Sir, tomorrow is another day. Don't worry, there are many battle to be won in this market. Just do your due diligence on Diamond and Livestock. Tips: the shark behind Diamond are stronger

Sir,,,,I De fear Diamond Bank because of its exposure to southeast politics...

I will recommend livestock @ the current price.

Na small boy I be shaoooo

DD applied.

Godisfaithful:


Sir, don't let all these analysts confuse you. Focus on what works best for you. There's money to be made in this market if only you are fearless and stay tuned to right information

Please has livestock PLC declared dividend/bonuses for 2015 audited result?

Thanks

ukay2:


Sir,,,,I De fear Diamond Bank because of its exposure to southeast politics...

I will recommend livestock @ the current price.

Na small boy I be shaoooo

DD applied.

Sir, are you in stock market to play or watch politics? Or you are there to make money. Remember, there's no permanent enemy in stock market, only permanent interest!

ukay2:


Please has livestock PLC declared dividend/bonuses for 2015 audited result?

Thanks

Livestock has released their 2015 audited result but no dividend/bonus for now!

Godisfaithful:


Livestock has released their 2015 audited result but no dividend/bonus for now!

Thanks..

FBNH crew, watch out for the impact of this news!
https://www.nairaland.com/3127158/court-orders-worldwide-freeze-1.8bn

Good morning friends, no matter what ever news that comes this time, it will always be a positive news to stock because green will dominate the market. Remember I said before as I was shown that from the month of May onward it will all be green, check and see what is happening and it will keep on happening . No one will regret any investment make in this time around because I can see more greenish day ahead, happy investment

currentprice:


chai,,,, after given you 2 stock to take your choice,,, you still want him to recommend 1 out to buy


anyway since you missed on fcmb,,,, go for skye and thank me later

_{^{PICTURE BELOW IS ABOUT FCMB & SKYE}}

Bia Nwannem, this your Skye bank na sure bet or you still dey practice "pam three from four"?.

jp130:
Skye bank hiding result. Wat r dere afraid of?

my brother, i bought skye @ 0.75k and sold @ N1 ... the truth is that i have waited till my two legs start paining me.... but dont be supprise the same skye may or may not give out 0.10-0.15k as dividend.. also in the other part too syke bank may not give out any dividend remember its fellow profit warners FNBH @ 0.15K , DIAMOND BANK @ NIL.. .. just wait till 1st of june.. my advice is that be watchful ... best of luck! please do ur DD very important (am not a prophet that can predict what will happen).. it was specifically stated that the results will be delayed due to the merger/ acquisitions that was recently done with main stream bank or mainstreet bank i don forget the name...

This one people are diving into Livestock sha, I understand they are about to do a rights issue of 1 for 2 to raise N1.1 billion

Make what you will of that informate

NuttyChoky:
This one people are diving into Livestock sha, I understand they are about to do a rights issue of 1 for 2 to raise N1.1 billion

Make what you will of that informate

well, I don't know the source of ur info but it its true..no lele..make dem announce am, we dey dere @ make money, and before any offereing, we go don run comot..we no send..owo lo sure ju.. I bought livestock @ 0.82k...and @ current price, I'm tempted to buy more..

NuttyChoky:
This one people are diving into Livestock sha, I understand they are about to do a rights issue of 1 for 2 to raise N1.1 billion

Make what you will of that informate

Please are the implications of this right issue?

bolabiyi:
well, I don't know the source of ur info but it its true..no lele..make dem announce am, we dey dere @ make money, and before any offereing, we go don run comot..we no send..owo lo sure ju.. I bought livestock @ 0.82k...and @ current price, I'm tempted to buy more..

Godisfaithful:


Livestock has released their 2015 audited result but no dividend/bonus for now!

Sir, when is Eterna Oil AGM and closing date?

Good News for the long Suffering japaul faithfuls??

https://trwstockbrokers./2016/05/26/japaul-plans-to-raise-fresh-funds-as-foreign-investors-indicate-interest-vanguard-news/

THERE are plans by Japaul Oil & Maritime Plc to raise fresh funds to boost its business, even as it cleans its balance sheet for the year 2015. Vanguard gathered that there are foreign investors that have indicated interest in the company and are ready to inject millions of dollars as a result of the intricate value seen in the company, more so that the company has cleaned up its books for profitability.

...@currentPrice...me I no gree oooooooooo.....kindly find attached meristem stock recommendations for the week.....even they aren't sure about skye bank.....all I know is the last time time a company took long to release their result I saw a stock i got for about 13 naira fall to 3 naira....(Oando baba).....but even meristem has been known to make some prediction blunders as well...anyway....this is just to keep guys updated...not a recommendation of any kind.....
...as they say in the group due diligence is required.......

courage89:


My gurus in the house, please help. I'm trying to understand the consequences of breaking the stipulated CBN CAR requirements of prudential limit of 10%. My understanding is that, breaking CAR requirements will only result in penalty from CBN. For example, if FBNH FX position triggers and allows the company to stay below CBN CAR requirements. This will only attracts financial penalty, which FBNH should be able to cover comfortably from their FX speculative gains.

FBNH falls under SIB's (Systematically Important Banks), as such, their minimum CAR should be 16% vs 10% Industry standard, and that will take effect from July, 2016.

The SIBs are FBNH Limited, Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, United Bank for Africa Plc (UBA), Access Bank Plc, Skye Bank Plc, Ecobank Nigeria and Diamond Bank Plc.

Intendy:
http://www.thisdaylive.com/index.php/2016/05/26/united-capital-gains-n1-5bn-from-sale-of-insurance-firm/

I was hoping some1 will post this here. guys are really sourcing for news. Good news anyway to shoot the stock further northward.

Youngzedd:
CBN Bows To Pressure, Adopts Flexible Exchange Rate Policy https://www.nairaland.com/3125040/cbn-adopts-flexible-exchange-rate

Does that mean i have lost my 500usd you sold to me through paypal and you wont find a solution? I have sent several mails with no reasonable solution. I dont think i am to suffer the loss after you sold to me a fraudulent fund and paypal now reversed the fund.

I WANT MY MONEY BACK!!!

please if you are the owner of firstbank 140,000 units @ the offer side.. please remove it! it will be very wrong for first bank to cross bid @ 3.99 as the opening price for today instead of 4.19... abeg go commot ammmmmmmmmmm

ufotty2001:
please if you are the owner of firstbank 140,000 units @ the offer side.. please remove it! it will be very wrong for first bank to cross bid @ 3.99 as the opening price for today instead of 4.19... abeg go commot ammmmmmmmmmm

be like say the person dey for this forum...finally the person don commot am! now first bank will open with 4.18...

ufotty2001:
be like say the person dey for this forum...finally the person don commot am! now first bank will open with 4.18...

bros, u don enter FBHN that y u want to push d price up..... JiJo master

pls wat s d opening price for zenith, uba, transcorp n livestock.... help me