DeRuggedProf:


This was the same scenario in UCAP.
In this season, they will recommend stocks like FMN, WAPCO, NB, DANGCEM, Guiness etc etc etc ( ON POTENTIALS) that may TYPICALLY under perform both in dividend yield and capital appreciation till the dividend season is over, then still shed their excess fat. They will sell them to you and buy ZENITH/GTB/UBA/UCAP/FCMB etc etc .
- By the time they have netted 17%-21% there, they will start recommending them to go back to where they left you to keep guard.
- You will then discount at least 15% for them to take their load. All these happen with commissions both ways.
- I use brokers to decipher what not to buy.
- my broker adviced me strongly against buying FCMB at N1.00 but recommended FO/GUINNESS/WAPCO etc. I instantly knew FCMB was the deal.

Good description of what happens. This guys do not have the interest of the investor at heart

DISCL: I am not recommending.
I have ZENITH/GTB/FCMB/UCAP.
I may not offload any until I see the audited results MYSELF.

9free:

My Bishop, am on observation mode currently. FBNH don shave my biabia finish for this market.

rebekah2011:
I do not know why I feel that FCMB may likely go the way of Skye Bank. FCMB, Diamond, Sterling and Fidelity are just too precariously prone to react negatively to any forex devaluation that I am not too excited in taking any position in them

N.B. I do not currently have any of them and do not plan to buy into them.

locodemy:


Have you seen a church rat before?
it is very unhealthy,look very slim and need help.
May your case never be like a church rat.....Amen.

fxuser:
10 am

Support Levels to Watch

Zenith N15
Access N6.60
UBA N4.80
Fcmb N1.25

rebekah2011:


Na church rats of those days get the above descriptions but the church rats of today are like CATS.

fxuser:


Access
- sellers don go weekend !

safepaulooo:


Brokers primarily focus on how to make money for themselves and feed crumbs to clients. Never ever see a broker as your ally to make money in the market.

feelamong:


who just bought the 50m units of UBN?

is Bob Diamond selling to another Investor?

fxuser:
Fcmb
- who will press d trigger ?

DeRuggedProf:


Loco holds the trigger .

Mpeace:
Morgan capital pple just dey pull weight for ths FCMB oh. More than 2,000,000 of the bid for the stock are from morgan capital clients.

vickfrankjnr:
Pls house after the closure date of a company am interested to buy in is announced , will I be eligible to benefit from the proposed dividends if I buy in later before the payment date? Having zenith, uba, U apparently in mind

fxuser:



only 55k units traded !

DeRuggedProf:


Loco has adjusted the firing range a little again....

vickfrankjnr:


Please someone with information to help

fxuser:


lol
buyers inching up d bids cautiously loll
sellers maintain stance at 1.30

DeRuggedProf:


I love trading die.....

fxuser:
Access

- full bid um
- support holds

feelamong:


http://www.nse.com.ng/Financial_NewsDocs/16409_ACCESS_BANK-DIVESTMENT_FROM_SIPML_CORPORATE_ACTIONS_FEBRUARY_2017.pdf

feelamong:


http://www.nse.com.ng/Financial_NewsDocs/16409_ACCESS_BANK-DIVESTMENT_FROM_SIPML_CORPORATE_ACTIONS_FEBRUARY_2017.pdf

9free:
Who dey buy MOBIL?
People still get money for this recession?