Willie2015:


Too much pressure on FBN shares and dont bank on it that you will get =N=1 Div. One thing I learnt over the years is to be a trader, once I hit my profit target, i move out. No wait or romance with any stocks, those directors dont give a shit about investors when they are sharing those funds.

I disagree with you on the highlighted statement...The point is FBNH needs to restore invetors lost confidence in its operating model and strategic direction..These would be achieved through strong risk management, effective corporate governance which protects shareholders funds from reckless financing and investment decisions and reallocation of investible funds to areas that maximizes return on share holders wealth...That is why current management through dint of perspiration must surpass its peers in the industry and take back its market leadership the bank is once known..However, i still believe the long term holding risk of the stock is still minimal compared to short term.

...

Hfa...any luck

kentoto:

People,

Please where can one get the attached Chart Graph.

i need the particular site please.

thanks

cadno:

On FBNH, u are talking lik a trader , not an investor perspective. 100k units of FBNH now is N400k apprx. Two years from now FBNH will be giving out N1 Div per share from calculations. Is that not a good investment...

It is Mr investor, what u get 2yrs from now in Fbn or in either zenith/Gtb is ur call.

anything that works for though, Afterall u are not a newbie.

GOod day sir,

Plz where can I get OHLC and candlestick price chart for nse stocks.... Any website or software that displays these graphs in real time will be greatly appreciated
Cc ihedioramma
Megainvest

fxuser:


umm so I wonder what GT & Zenith will be giving out in the same time frame.
If you are willing to bet on fbn for 2 years , also add the sector leaders join too sir

(Former ) Peer Comparison

GTB
N671 bn mkt cap , +25% ytd

Zenith
N514 bn mkt cap , +16.58% ytd

FBNH
N136 bn , -26.12% ytd

there is a reason for d valuation gaps.

#whoknowsreally

This market is simply a game... Master the rules before you play. Define what you want. You are either here for short, mid or long term gains... Follow your instincts as you are solely liable for the outcome of your decisions!

THE BIG SMART GUY

@megainvest

if Skye should recover on Monday Then FBNH will be Nice for long term investment . my thought.

[quote author=Zhirinovsky post=47604458]GOod day sir,

Plz where can I get OHLC and candlestick price chart for nse stocks.... Any website or software that displays these graphs in real time will be greatly appreciated
Cc ihedioramma
Megainvest
[/quote

i use FT. here is a link to fbnh chat for example
U can chose different upper and lower indicators

link

http://markets.ft.com/research/InteractiveChart?symbol=104846&options={"StartDate":null,"EndDate":null,"LowerIndicator":[{"Args":[{"Type":8,"Value":9},{"Type":9,"Value":7},{"Type":10,"Value":18}],"Code":9,"UID":1730614137},{"Args":[{"Type":0,"Value":14}],"Code":13,"UID":507999644},{"Args":[{"Type":8,"Value":9},{"Type":9,"Value":12},{"Type":10,"Value":26}],"Code":9,"UID":727448189},{"Args":[{"Type":0,"Value":14}],"Code":21,"UID":1109757477}],"UpperIndicator":[{"Args":[{"Type":0,"Value":12}],"Code":1,"UID":1931836797},{"Args":[{"Type":0,"Value":26}],"Code":1,"UID":2079925270},{"Args":[{"Type":0,"Value":5}],"Code":0,"UID":1966064942}],"Overlay":[3],"ChartStyle":0,"ChartScale":1,"CursorStyle":1,"Interval":6,"Duration":4,"Comparison":[],"PortfolioName":null,"Width":950,"Height":400,"ActiveTool":null}

just copy and paste into browser , let me know if it helps.


#ibeLearnerToo

[quote author=fxuser post=47608694][/quote]

Upper Indicators
for short term trend
i use adjust to 5Day EMA, 12day EMA and 26day EMA

for long term trend
i adjust to 30d ema , 50d ema and 200d ema


Lower indicators
i like to looka at macd (7,18,9) and macd (12,26,9), RSI , Vol and bla bla bla

hope it helps

cheers
#wekeepLearning

ukay2:



My Oga... a beg explain each bank data in details for me and other financial data ignoramus like me...


Thanks you.

No bother, he no go explain

Zhirinovsky:
My people I greet you all!
Plz where can I find candlestick price chart/graph in real time for nse quoted stocks

Plz gurus in the haz, help!!!

Try investing.com and look for NSE30.
I can't post the full link becos I'm on mobile

ukay2:



My Oga... a beg explain each bank data in details for me and other financial data ignoramus like me...


Thanks you.

Oga
Apologies, not sure wh bank data ur referring to.

Coolcash1:


I disagree with you on the highlighted statement...The point is FBNH needs to restore invetors lost confidence in its operating model and strategic direction..These would be achieved through strong risk management, effective corporate governance which protects shareholders funds from reckless financing and investment decisions and reallocation of investible funds to areas that maximizes return on share holders wealth...That is why current management through dint of perspiration must surpass its peers in the industry and take back its market leadership the bank is once known..However, i still believe the long term holding risk of the stock is still minimal compared to short term.

word
very well said.

Coolcash1:


I disagree with you on the highlighted statement...The point is FBNH needs to restore invetors lost confidence in its operating model and strategic direction..These would be achieved through strong risk management, effective corporate governance which protects shareholders funds from reckless financing and investment decisions and reallocation of investible funds to areas that maximizes return on share holders wealth...That is why current management through dint of perspiration must surpass its peers in the industry and take back its market leadership the bank is once known..However, i still believe the long term holding risk of the stock is still minimal compared to short term.

It is simply not a walk in the park for FBNH to restore investors confidence, have strong risk management and Corporate governance etc etc. It is simple on paper but takes time in reality and equally not funny when you have the highest exposure to Oil & Gas sector in the current economic climate, coupled with tight industry competition and a highly regulated sector.

I will only worry about long term holding if I have the fund like Dangote or Buffet to buy substantial stake. I dont have the time to wait for mgt to perspire, when I can make cool dough on some other stocks. Once I make 100k - 200k on a stock, I simply take my gains and move on.

Nigeria ranks 4th with 35% on investment return in the world...

http://www.vanguardngr.com/2016/07/nigeria-ranks-4th-35-investment-return-world/

Youngzedd:


That's too harsh.

What else do you expect from an element that lacks thinking faculty.

PETERiCHY:


What else do you expect from an element that lacks thinking faculty.

Pete let's be matured here. Please let's accord ourselves some regard and respect. We are mostly adults and not those kids in the other sections.

locodemy:


The guy ontop of you was not born by a woman but by ani........if i say M ,you say A and another man say L omo na you sabi.

Bros, this your comment too is a little bit provocative and exasperating..You shouldn't have gone this far...Its important we appreciate and understand that all of us cannot be on the same side of the coin. Some will rather choose to differ and see issues from different perspectives which we musn't take personal or offense for....Please let's continue welcome such views and better convey our disagreement in a subtle way that is clear, coherent and concise without raising dust...This I say is what has made this forum unique, intellectually engaging, informative, educative and hilarious at times (e.g mr &Mrs mercylicious Agba )

One love bro.

Willie2015:


It is simply not a walk in the park for FBNH to restore investors confidence, have strong risk management and Corporate governance etc etc. It is simple on paper but takes time in reality and equally not funny when you have the highest exposure to Oil & Gas sector in the current economic climate, coupled with tight industry competition and a highly regulated sector.

I will only worry about long term holding if I have the fund like Dangote or Buffet to buy substantial stake. I dont have the time to wait for mgt to perspire, when I can make cool dough on some other stocks. Once I make 100k - 200k on a stock, I simply take my gains and move on.

H1 result will help a lot in making concrete decision about FBNH. Let's just wait for it.

fxuser:


Oga
Apologies, not sure wh bank data ur referring to.

Zenith, GTB and fbnh you posted their figures sin your earlier post...

Thanks

Happy Sunday guys
Please what are the current FX issues in Nigeria!
Thank you

ukay2:



Zenith, GTB and fbnh you posted their figures sin your earlier post...

Thanks

Those figures were the various market capitalisation for the d different banks.

''What is 'Market Capitalization'
Market capitalization is the total Naira market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size.'' - Investopedia (u can use www.investopdia.com for investment terms etc)

The other figure ''YTD'' was the share price performance between Jan to last trading date.

FBN still under performing the market since its share price was much higher in Jan compared to last week friday unlike the other 2 banks.

Hope this helps

Zhirinovsky:
Hfa...any luck

Bros,


no luck oh, i have gotten no response yet.

we will keep searching.

k

Godisfaithful:
Nigeria ranks 4th with 35% on investment return in the world...

http://www.vanguardngr.com/2016/07/nigeria-ranks-4th-35-investment-return-world/

Bros,

Thats the irony that keeps deceiving us, we have devalued our currency and still we cant find the foreign inflows... from 199 to 250 to 280 to 283 now 293 to dollar as at friday.

if really we are an investment haven as claimed, FDI suppose done flood our economy since.

Just saying..

kentoto:


Bros,

Thats the irony that keeps deceiving us, we have devalued our currency and still we cant find the foreign inflows... from 199 to 250 to 280 to 283 now 293 to dollar as at friday.

if really we are an investment haven as claimed, FDI suppose done flood our economy since.

Just saying..

We haven't devalued enough to attract FPIs..

Forwarded: Guys - Just to update you, CBN has finally agreed to completely float the NGN freely so that it can trade at any level where market forces determine. It will be noted that although CBN had introduced a flexible interbank fx mkt on June 20, it never really allowed the NGN to trade above 283/284. CBN had indirectly pegged the NGN at that level through daily interventions at 281.5/283 levels. Unfortunately, this action did not go down well with offshore portfolio investors who felt that despite announcing the floating of the NGN through the interbank fx market, the CBN really only moved the currency peg. Therefore they weren't willing to bring in their much-needed dollars as expected by the CBN - a development that the CBN confirmed for itself when it embarked on an international roadshow to interact with investors in US and UK last week. Faced with the stark reality of the feedback from these dissatisfied investors, CBN had a quick conference call with banks on Friday to grant them leave to trade the NGN at whatever rates they can match a willing seller with a willing buyer. Consequently, interbank fx rate had closed at 292 last Friday. It will be interesting to see the rate at which the NGN will trade next week and whether offshore investors will start moving in significant amounts of dollars in response to CBN's gesture.

fxuser:


Those figures were the various market capitalisation for the d different banks.

''What is 'Market Capitalization'
Market capitalization is the total Naira market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size.'' - Investopedia (u can use www.investopdia.com for investment terms etc)

The other figure ''YTD'' was the share price performance between Jan to last trading date.

FBN still under performing the market since its share price was much higher in Jan compared to last week friday unlike the other 2 banks.

Hope this helps

Thanks.. I really appreciate.

kentoto:


Bros,

Thats the irony that keeps deceiving us, we have devalued our currency and still we cant find the foreign inflows... from 199 to 250 to 280 to 283 now 293 to dollar as at friday.

if really we are an investment haven as claimed, FDI suppose done flood our economy since.

Just saying..

That is why I believe PMB was right. We should never have devalued. We will never see the end of it. They will soon start asking for further devaluation until we become another Zimbabwe.

I'm in bit of a dilemma right now. please guys, is Investment One a good place to use for investments in mutual funds?
I appreciate your recommendations.

http://www.vanguardngr.com/2016/07/amcon-overwhelmedbanks-toxic-assets-may-hit-n3-0-trillion/

The end is not in sight yet.

Raider76:


That is why I believe PMB was right. We should never have devalued. We will never see the end of it. They will soon start asking for further devaluation until we become another Zimbabwe.

No, PMB is wrong...Mordern economics requires innovative and creative thinking and not medieval approach...The initial measure- capital control used by the CBN was only for a short term as continuity of such policy would have thrown the economy into perpetual wilderness and place untold hardship on the people...In fact, it would have been more terrible than what we are currently experiencing as a country...

Devaluation can either make or mar an economy depending on how it's managed...With the crude oil prices reaching historical lowest levels and full recovery not in sight there is no way our country will survive and continue to grow - no thanks to the Dutch disease that our economy has suffered over the years.

One of the key benefits of devaluation is economic stabilization it will restore which we are in dire need of currently...What I think government should do so that it doesn't become disastrous is to continue to work at diversifying the economy, provide socio-economic infrastructures including power, pursue regressive tax system, ease cost of doing business, and strengthen agric and agro allied sector of the economy.

Coolcash1:


No, PMB is wrong...Mordern economics requires innovative and creative thinking and not medieval approach...The initial measure- capital control used by the CBN was only for a short term as continuity of such policy would have thrown the economy into perpetual wilderness and place untold hardship on the people...In fact, it would have been more terrible than what we are currently experiencing as a country...

Devaluation can either make or mar an economy depending on how it's managed...With the crude oil prices reaching historical lowest levels and full recovery not in sight there is no way our country will survive and continue to grow - no thanks to the Dutch disease that our economy has suffered over the years.

One of the key benefits of devaluation is economic stabilization it will restore which we are in dire need of currently...What I think government should do so that it doesn't become disastrous is to continue to work at diversifying the economy, provide socio-economic infrastructures including power, pursue regressive tax system, ease cost of doing business, and strengthen agric and agro allied sector of the economy.

You can do the bolded part of your post without devaluation. And finally PMB took the advice of the modern economists (or rather currency speculators). Let's see what it does to the exchange rate. I know one of the excuses is to sy we'll "he did it too late".

ukay2:
Please kindly tell me the details on how to move my stock from investment one to Morgan.... Thanks
I need to do that ASAP
Am waiting Sir

Sorry for the late reply...

Requirements for Intermember Transfer;
• Account Opening Form (KYC Form) to be duly filled by you and returned with a utility bill and valid means of your identification. Get this form from Morgan.
• Completed inter-member form (you can also get this form from Morgan).
• Current CSCS statement of account (Get this from Investment One, or print from your CSCS online account, if you have one).
• Letters of authority to CSCS and Resident house (Investment One)
• Your resident house may ask you to pay some fees

Your target broking firm (Morgan Capital) should initiate the transfer request online to the resident broking firm (Investment One). As soon as the resident broking firm approves the request, CSCS would transfer the account immediately.

Note: You should notify Investment One of your intention to transfer your account to enable a speedy process. They may try to frustrate the transfer process (especially if your portfolio is worth a lot of money). If this happens, just send an email to SEC and it will be done. Alternatively, you may copy SEC in all your correspondences with Investment One. This way, they will not try to frustrate you.

SEC (sec@sec.gov.ng)
Njoku Agnes (anjoku@sec.gov.ng)