emmanuelewumi:
APR dividend landed last night

Oga Emma, let's pick your brain on the banks nah? Any view on 2017?

It's 2:50am, he giveth his beloveth sleep nah

Manonamission:
@Duni04; it's well. May God protect and preserve our capital

Meanwhile, when a bank starts sending promo emails and doing media jingles, asking customers to deposit money so as to qualify to win an amount, you go know say water don pass garri.

Please, who else is sending promo + media jingle?

Judgment day for LOCO and his BANK.

COURT order!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Is true that I expected more than this from FCMB.
But come to think of it they gave better dividend than GTB bank and some other Stocks, for instance,
GTB bank gave 177 kobo when their market price was at about #25, to compare with FCMB bank that gave 10 kobo when they are at #1.25.
Now #1.25 times 20 =#25, then 10 kobo times 20 = #2.

It mean that, GTB bank gave 177 kobo at #25 and FCMB bank gave 200 kobo at #25 too.

Compare with Nestle that gave 1000 kobo at #570 unit price.
FCMB #1.25 * 450= #562.5,
Then 10 kobo * 450= 4500 kobo

That mean Nestle at #570 gave 1000 kobo
While FCMB at #562.5 gave 4500 kobo

PETERiCHY:
Judgment day for LOCO and his BANK.

COURT order!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

@Loco, there is no cause for alarm...If the bank's fundamental is ok and technical analysis is showing price growth, -ve sentiments/fear will only last but few hours/days...

http://nairametrics.com/alert-fcmb-reports-a-whopping-201-increase-in-profit-2016-fy/

Case studies: UBA (2015), Nestle, GTB, UNILEVER etc (2017)

Chibuking81:
Is true that I expected more than this from FCMB.
But come to think of it they gave better dividend than GTB bank and some other Stocks, for instance,
GTB bank gave 177 kobo when their market price was at about #25, to compare with FCMB bank that gave 10 kobo when they are at #1.25.
Now #1.25 times 20 =#25, then 10 kobo times 20 = #2.

It mean that, GTB bank gave 177 kobo at #25 and FCMB bank gave 200 kobo at #25 too.

All this your calculation won't help the share price this morning

Hello,
Yes,we have seen the long awaited fcmb result.The result is good,up to 201% increase in PAT when compared to the previous result.Through out the night,I have been comparing the negative statements of people here to that of the result yet i couldnt find what is wrong with the result.

We all are aware that many banks are coming to the market this year to raise fund for capitalization and liquidity issues of which we have seen a whole zenith bank of all people looking for money.what will be my gain if fcmb pays me 20kobo dividend,maybe after one or two months they alert me again they want to raise fund.it doesnt make sense.I think we should listen to conference call/presntations by the mgt before we vomit the unworthy.
Now,looking at my entry price to fcmb,i was able to get up to 15m units at #1.00 and 6m units above #1.00.if i decide to sell off the 15m units today @#1.20,i will get 3m naira profit.I will only sell(wont disclose when) since the closure date is not out.For those of you pitying me for fcmb,pls pity yourselves 'cos i am now going to make money through this result.I will brief you again after i am done.Intelligence is required at this time to make money.Watch out and see..........

See you in PART2

BullBearMkt:


@Loco, there is no cause for alarm...If the bank's fundamental is ok and technical analysis is showing price growth, -ve sentiments/fear will only last but few hours/days...

http://nairametrics.com/alert-fcmb-reports-a-whopping-201-increase-in-profit-2016-fy/

Case studies: UBA (2015), Nestle, GTB, UNILEVER etc (2017)

- Q4 was more decent than Q3

Q4 2016
· Net interest income of N16.3bn, down -1.9% q/q;
· Profit before tax of N2.1bn, against a loss before tax of -N2.1bn in Q3 2016
· Profit after tax of N1.4bn, against a loss after tax of -N2.7bn in Q3 2016

- At the end of the day its market sentiments that matter ! Else Zenith shud not be trading below Stanbic or less than N20 sef

fxuser:

- At the end of the day its market sentiments that matter ! Else Zenith shud not be trading below Stanbic or less than N20 sef

10 bottles of Origin for you...So on point!

In addition, Total should be trading above Nestle.

FCMB peeps and prophets, remember to lock in your offers at 9:30 sharp during premarket, for narrow is the exit door and many are the scamperers

duni04:
FCMB peeps and prophets, remember to lock in your offers at 9:30 sharp during premarket, for narrow is the exit door and many are the scamperers

how i wish MC still allow premarket for it client oooooo

fxuser:

- At the end of the day its market sentiments that matter ! Else Zenith shud not be trading below Stanbic or less than N20 sef

Market sentiments that is gradual is very powerful than a spike-like sentiment... Spike-like market sentiment do not last...

Coolcash1:


10 bottles of Origin for you...So on point!

In addition, Total should be trading above Nestle.

Total with all the good results (couple with +ve sentiments gathered), still struggling to move up...

BullBearMkt:


Market sentiments that is gradual is very powerful than a spike-like sentiment... Spike-like market sentiment do not last...

absolutely the Forte Oil spike versus Ucap gradual

BullBearMkt:


Market sentiments that is gradual is very powerful than a spike-like sentiment... Spike-like market sentiment do not last...

Tell them oh,

When they saw NESTLÉ an GT bank results they said worse. Km 400 here we come, i will see you at N15 bustop. Market no send them.

There are a lot of players in this market with different interests, short time players are just a small segment.

K

As always the ones that make the most mouth here will be the first to place offers on FCMB after encouraging their fellow trapees to "hold on" and stay strong

I think there would be serious dumping of FCMB today. Don't kw what would happen thereafter. Pls and pls, don't you ever, ever compare FCMB with Gtb, Access or Nestle, them no be mate.

duni04:
As always the ones that make the most mouth here will be the first to place offers on FCMB after encouraging their fellow trapees to "hold on" and stay strong

Thank you ma broda. And later they will say thank God I bailed out last week...

kentoto:


Tell them oh,

When they saw NESTLÉ an GT bank results they said worse. Km 400 here we come, i will see you at N15 bustop. Market no send them.

There are a lot of players in this market with different interests, short time players are just a small segment.

K

If I observe emotion trade spike-like (white circle) on FCMB, then reversal to upside is a matter of few days; but emotion trading with gradual sentiment (magenta line) while price is downtrending is a KILL and most dangerous!!!

fxuser:

- At the end of the day its market sentiments that matter ! Else Zenith shud not be trading below Stanbic or less than N20 sef

That's the truth.

Zenith Saga opened my eye to lost of secret in this market.

Just imagine Stanbic with 5k dividend selling @ N17

locodemy:
Hello,
Yes,we have seen the long awaited fcmb result.The result is good,up to 201% increase in PAT when compared to the previous result.Through out the night,I have been comparing the negative statements of people here to that of the result yet i couldnt find what is wrong with the result.

We all are aware that many banks are coming to the market this year to raise fund for capitalization and liquidity issues of which we have seen a whole zenith bank of all people looking for money.what will be my gain if fcmb pays me 20kobo dividend,maybe after one or two months they alert me again they want to raise fund.it doesnt make sense.I think we should listen to conference call/presntations by the mgt before we vomit the unworthy.
Now,looking at my entry price to fcmb,i was able to get up to 15m units at #1.00 and 6m units above #1.00.if i decide to sell off the 15m units today @#1.20,i will get 3m naira profit.I will only sell(wont disclose when) since the closure date is not out.For those of you pitying me for fcmb,pls pity yourselves 'cos i am now going to make money through this result.I will brief you again after i am done.Intelligence is required at this time to make money.Watch out and see..........

See you in PART2

Good to see u use intelligence. D smart thing is for u to sell today. D moment the market opens, Your sale's order shd be hitting the floor. If u wait for the dividend, u will only be selling monkey to buy dog. On a lighter note, U told us with confidence, many times, that the result would come out on thurs( 30th March), When I saw the result yestanite, I had to crosscheck my calender to be sure what day yest was. In part 2, come and tell us how u reinvested all that millions. U must put some into fbnh(for medium to long term). That would be a smart thing to do. Enjoy.

locodemy:
Hello,
Yes,we have seen the long awaited fcmb result.The result is good,up to 201% increase in PAT when compared to the previous result.Through out the night,I have been comparing the negative statements of people here to that of the result yet i couldnt find what is wrong with the result.

We all are aware that many banks are coming to the market this year to raise fund for capitalization and liquidity issues of which we have seen a whole zenith bank of all people looking for money.what will be my gain if fcmb pays me 20kobo dividend,maybe after one or two months they alert me again they want to raise fund.it doesnt make sense.I think we should listen to conference call/presntations by the mgt before we vomit the unworthy.
Now,looking at my entry price to fcmb,i was able to get up to 15m units at #1.00 and 6m units above #1.00.if i decide to sell off the 15m units today @#1.20,i will get 3m naira profit.I will only sell(wont disclose when) since the closure date is not out.For those of you pitying me for fcmb,pls pity yourselves 'cos i am now going to make money through this result.I will brief you again after i am done.Intelligence is required at this time to make money.Watch out and see..........

See you in PART2

Oga LOCO, don't fret yourself with this noise .

Most of us in FCMB as bought it far lower than lower than the current price, hence no fear of falling fast.

All we need know is the closing date for dividend payment.

Can someone help with the premarket snap shot for Fcmb.

The negative sentiments alone on this forum is enough to bring down FCMB , was heavy here but got uncomfortable with the delayed result despite an already audited 9 months and bailed out. @Loco I respect your risk appetite, thread softly softly though.. NSE can be mean.

FCMB MM can pull stunts, they perform NSE magic in the last few mins of trading

ogoo4real:
Can someone help with the premarket snap shot for Fcmb.

Here we go...

The equity price of GUARANTY TRUST BANK PLC was adjusted today 29th of March 2017 for a dividend of N1.75 as declared by the board of directors. The last close price was N26.95, hence the ex-div price N25.20

GLAXOSMITHKLINE CONSUMER NIGERIA PLC
Closure of Register for Year Ended 31 December 2016
Proposed Dividend 30 Kobo
Proposed Bonus Nil
Closure Date 13th -19th April 2017
AGM Date 31st May 2017
Payment Date 1st June 2017
AGM Venue Muson Centre, Onikan Lagos

pls i need that of FCMB. thankz

Intendy:
GLAXOSMITHKLINE CONSUMER NIGERIA PLC

Closure of Register for Year Ended 31 December 2016

Proposed Dividend 30 Kobo

Proposed Bonus Nil

Closure Date 13th -19th April 2017

AGM Date 31st May 2017

Payment Date 1st June 2017

AGM Venue Muson Centre, Onikan Lagos