Manonamission:


FBNH subsidiaries appear to be doing well. I hope they keep them profitable.

http://nairametrics.com/analysis-largest-mutual-fund-managers-by-asset-in-nigeria/

Anything less than N10.00 I'm not selling.

9free:


Anything less than N10.00 I'm not selling.

guys rem I said FBNH will surprise d market

SamuelSNR:



She is not throwing good money away. Fidelity bank is fundamentally sound, and one of consistent dividend paying stocks. Her plan is to hold the stock for a long period and averaging down is not a bad strategy for her. The stock is heavily undervalued and accumulating more units at a lower price makes sense. She has more to benefit from averaging down close to its 52-week low price than holding the stock if the stock price rebounds to N1 (the price she originally bought it).

From experience I know that 52 weeks low is a trap. Some stocks experience lower lows. I'm not saying fidelity is a bad stock, I'm just saying no need to increase your position on a bad trade what you do instead is to buy more when it's in your favour. Just put some risk planning into it as na only God fit predict future. Everybody enters bad trades, it's how you manage it that makes one still have a shirt on their backs by the end of the day.

Parisfran:


From experience I know that 52 weeks low is a trap. Some stocks experience lower lows. I'm not saying fidelity is a bad stock, I'm just saying no need to increase your position on a bad trade what you do instead is to buy more when it's in your favour. Just put some risk planning into it as na only God fit predict future. Everybody enters bad trades, it's how you manage it that makes one still have a shirt on their backs by the end of the day.

Kudos!!! Many investors/traders come up with their analysis (fundamental/technical) and belief a stock should rise, but instead of rising, the stock price continue to fall. Many will add to their position believing their analysis is correct! This is totally WRONG! As someone put it, why do you want to catch a falling knife... all you'll get is BLOOD on your hands. At this point forget about fundamentals, forget about technical, forget about what you think is correct, what matters is how the market sees the stock... Market will dictate the right price for that stock.

TAKE: Never add position to a losing trade.

ALERT! ALERT!! ALERT!!!

FBNH +ve divergence is suspicious. Stock preparing to take off

PLAN YOUR TRADE AND TRADE YOUR PLAN.

ALERT! ALERT!! ALERT!!!

TICKER: CHAMPION

BUY OPPORTUNITY

PLAN YOUR TRADE AND TRADE YOUR PLAN.

ALERT! ALERT!! ALERT!!!

INTBREW +Ve Divergence

PLAN YOUR TRADE AND TRADE YOUR PLAN.

''As at March 8th, Arm Money Market fund was offering 15.81%, Stanbic IBTC Money Market Fund, 17.53%, while FBN Money market Fund offered 16.47%. '' - Nairametrics

IMO
Looking at those fixed income rates, keep your game short , the long money is still in money market

Are we in the season of CONSUMER GOODS (Especially Beverages-Brewers) to outperform NSE? Stocks in this category look GREAT!

PLAN YOUR TRADE AND TRADE YOUR PLAN.

Tritri:
I would rather go for UACN than fidelity..Even diamond is far better dan said fidelity But until those bank release FY 16...am worried about a merger rumor

Please can you share the merger rumour? I won't hold you by your word.

http://nse.com.ng/Financial_NewsDocs/16738_CONTINENTAL_RE_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf
14K dividend

Princkez:
FBNH will surprise d market

Manonamission:


It not enough to make claims like this without backing it up with reasons. If truly the bank surprises the market positively, I guess you'll be like " I said it".
Give us whatever information you have or share your thoughts.

Disclosure: In this bus but would gladly welcome contratarian views about its viability

Princkez:
guys rem I said FBNH will surprise d market

Bia, take your time o. What do you see?

The light at the end of tunnel of the Elephant is still dim. Bad loans have refused to go away. Q3 loans impairment already hit N115b. I will be happy if full year does not exceed N130b. Any impairment in excess of N150b, please run away and never look back.

Manonamission:






Bia, take your time o. What do you see?

rebekah2011:
The light at the end of tunnel of the Elephant is still dim. Bad loans have refused to go away. Q3 loans impairment already hit N115b. I will be happy if full year does not exceed N130b. Any impairment in excess of N150b, please run away and never look back.

all priced in !

Headline inflation drops for first time in 15 months to 17.78% year on year in Feb 2017 from 18.72% in Jan 2017

fxuser:


all priced in !

Pls fxuser,let me know when the technicals/charts indicates fbn a strong buy.It will outperform the market in 2018 but accumulations is good in 2017.

Has AFRIPRUD bottom-out at 2.20 or going for 2.01 support?

Think before you pull the trigger.

PLAN YOUR TRADE AND TRADE YOUR PLAN.

BullBearMkt:
Has AFRIPRUD bottom-out at 2.20 or going for 2.01 support?

Think before you pull the trigger.

PLAN YOUR TRADE AND TRADE YOUR PLAN.

2015 to date , seems to find support ard here !

locodemy:


Pls fxuser,let me know when the technicals/charts indicates fbn a strong buy.It will outperform the market in 2018 but accumulations is good in 2017.

not sure about d '' strong '' part ! but d game has started already !

rebekah2011:
http://nse.com.ng/Financial_NewsDocs/16738_CONTINENTAL_RE_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_MARCH_2017.pdf
14K dividend

This is not bad for an insurance company.

OBAGADAFFI:


This is not bad for an insurance company.

- very defensive stock,
- stays within a price range yr in yr out
- good for them

Ucap
- further +ve sentiment
- umm

@locodemy FCMB dey fall my hand o.

No dividend no result.

Just look at what CONTINENTAL REINSURANCE PLC is giving ha dividend.

OBAGADAFFI:
@locodemy FCMB dey fall my hand o.

No dividend no result.
Just look at what CONTINENTAL REINSURANCE PLC is giving ha dividend.

patience . .

fxuser:

- very defensive stock, - stays within a price range yr in yr out - good for them

good for dividend holders but very illiquid stock like conoil.

fxuser:

- very defensive stock, - stays within a price range yr in yr out - good for them

good for dividend holders but very illiquid stock like conoil.

fxuser:


patience . .

Waiting Patiently watching the price fall before our eyes.

^

rebekah2011:
The light at the end of tunnel of the Elephant is still dim. Bad loans have refused to go away. Q3 loans impairment already hit N115b. I will be happy if full year does not exceed N130b. Any impairment in excess of N150b, please run away and never look back.

Rising impairment worrisome. But are you aware there were new developments in the 4th quarter? One of the major defaulters (Aiteo) had their loan restructured so it would no longer classified as nonperforming. What I am not sure of is if this was concluded before the close of the 4th quarter. You would recall the announcement of landmark production from the well Aiteo acquired from Shell divestment.
I wish there was any new info on the Atlantic Energy loan. The FG was going to resell assets to another investor.

Please note that I am going long on FBNH.

Ucap
- breaks 2.60
- will it close above ?


Oando
- steady , holding above n5

Diamond
- big trades , different WAR GAMES compared to fidelity