fxuser:

the past is fixed and easy to analyse, the future is fluid and uncertain
- Alexander Elder


#random

FO on my mind....

My brother Peterichy called it PDP...

holm:


We can only conjour reasons here. The sector has been bashed for a while now and little societal issues are impactful here. I wouldn't rule out the new found love for healthy living, switch to alternatives drinks, disposable income etc.

But the stock is not for the retail players like me and currentprice I don't see value in the industry and I don't see it as one with room for exponentila growth. It will grow moderately though.

However, NB is back to positive trend and when Institutional Investors and Foreign Portfolio Investors return, expect some rally here.

I don't know how you spend about 45% of Gross profit on Marketing anyway. Will this pass any Cost-Benefit analysis or People in Mamangegent run the marketing deals in personal capacity?

NIGERIAN BREWERES
COST OF SALES (50,724,253.00)
GROSS PROFIT 40,564,445.00
MARKETING & DISTRIBUTION 16,529,396.00
NET FINANCE COST (1,762,420.00)
Income tax expense (5,989,923.00)
PAT 11,449,252.00

locodemy:


Ihedioramma is one of the oldest people here.I nominate him for you.when you see him,you will like him.

Wicked

leo1234:


Wicked

I don't understand is that an irony??

PETERiCHY:


MONEY MARKET e.i Treasury bills & Bonds are risk-free assets while EQUITY MARKET e.i Stocks is a highly risky assets.

80% of my fund is in FX, 18% in TB while only 2% is left in NSE So don't get it twisted.

I thought you sold most of your dollars to buy TB?

dan56:



I don't understand is that an irony??

You are in the wrong thread brother.
I suggest you create your own thread.
You are always welcome anytime you want to talk about shares and stocks.

leo1234:


You are in the wrong thread brother.
I suggest you create your own thread.
You are always welcome anytime you want to talk about shares and stocks.

Thank you for the polite explanation

dan56:


Thank you for the polite explanation

Welcome.
Feel free to link me to your thread. I might learn something from it.

leo1234:

Welcome.
Feel free to link me to your thread. I might learn something from it.

Certainly,you must learn something.A very big one and your children will be glad to share your experiences of life.

locodemy:


Certainly,you must learn something.A very big one and your children will be glad to share your experiences of life.

locodemy:


Certainly,you must learn something.A very big one and your children will be glad to share your experiences of life.

....after he is bamboozled. The lessons would be great.

Top Gainers this past week

- transcorp +22.78%
- Afri Prud +9.70%
- Stanbic +9.12%
- Diamond +7.14%

What inform your investment style; stock liquidity, value or growth, firm size or stock momentum....Over the last 6months, big-cap stocks have fumbled performing below par whilst small-cap ones continue to give investors the needed megabucks....For me, it's time to change strategy and style...I might begin to offload hyped blue chip stocks for value stocks in the interim...

#Portfolio Re-jig

Read and thank me later: https://www.google.com.ng/amp/www.marketwatch.com/amp/story/guid/B2300290-07AC-11E4-87AC-00212803FAD6

It seems you really have no idea on the competition out there. For NB to still have the dominant market share is not a small something

holm:


I don't know how you spend about 45% of Gross profit on Marketing anyway. Will this pass any Cost-Benefit analysis or People in Mamangegent run the marketing deals in personal capacity?

NIGERIAN BREWERES
COST OF SALES (50,724,253.00)
GROSS PROFIT 40,564,445.00
MARKETING & DISTRIBUTION 16,529,396.00
NET FINANCE COST (1,762,420.00)
Income tax expense (5,989,923.00)
PAT 11,449,252.00

davide470:
It seems you really have no idea on the competition out there. For NB to still have the dominant market share is not a small something

What are these challenges?

Beginners in NSE should be extremely wary of Forte Oil stock. The activities of the company are going well. Nothing is wrong with the company except its stock price. The stock price is being manipulated up and down and is laced with market-related politics behind our eyes. ‎You're advised to read the history of how British Petroleum Nig Ltd metamorphosed into Forte oil Plc and key events that followed. Read everything and do your homework well before thinking of taking a stake in this stock!

For those who are willing to take a stake in this stock with their spare funds, you're advised to enter @N36 or below. Fundamentally, N36 is the real value of FO. I used its 2016 audited financial statement to arrive at this value.

You're further advised to use your discretion after otedola is done with his magic, because some forces will fight back. Who knows!

Disclosure: I'm also investing in FO at N36 or below. If its market price doesn't reach N36, my money stays in my brokerage account.

holm:


What are these challenges?

Sponsoring events/shows
Maintaining Retail/Wholesale Distribution Outlets.
Sustaining Retail/Wholesale networks.
Incentives to ensure the brand is sold more than other brands, sometimes ensuring only the brand is sold.

Et al..

'' man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. ''

- J Livermore

#SitTight

IS ACCESS BANK NOW ACCESSIBLE FOR BULLISH RIDE?

-Daily and Weekly operating within "value zone"
-Bulls in charge for last 3 days with moderate volume
-Good play if volume increases with price consolidating between 6.15 and 6.24 OR slightly higher
-Last Swing low at 5.90


Disclaimer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.

Hope we all had a great weekend. Good morning and welcome to another exciting trading week...

TIME TO ROMANCE WITH DIAMOND BANK?
...(Credit goes to Kentoto. He called my attention to it)

-Daily is bullish
-Weekly is experiencing accumulation
-Price bullish last 3 days on high volume
-Will be a good play if price pullback to 0.83 - 0.86 region OR moves above last swing high at 0.91 on high volume
-Support level at 0.80

Disclaimer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.

WILL GUARANTY TRUST BANK STOCK GUARANTEE PROFIT FOR YOUR PORTFOLIO?

-Daily bearish and operating below the "value zone"
-Weekly very bullish
-Bulls are in control for the last 1 week on moderate volume
-Good play between support level at 24.25 and 24.80
-Last Swing Low at 24.01

Disclaimer: This post is purely based on technical analysis and is the opinion of BullBearMkt. Due diligence should be carried out accordingly.

78 bank directors get N10.34bn dividend in 2016


*Zenith, Access, UBA account for 64% of dividend
*Ovia, Wigwe, Elumelu get 89.5%



AT the backdrop of the recession the nation’s economy slipped into last year alongside inflationary pressures, corporate results from the banking sector so far released indicate significant increases in fortune for the investors.


Jim Ovia, Tony Elumelu & Herbert Wigwe
While the general shareholders of the first batch of seven banks announcing results so far received a total dividend income of N162 billion, indicating a rise by 13 per cent against N143.3billion in 2015, directors of the banks numbering 78 recorded 20.5 per cent rise in their dividend income at N10.34 billion as against N8.58 billion in 2015.

The banks are Zenith International Bank Plc, Fidelity Bank Plc, Access Bank Plc, United Bank for Africa, UBA Plc, FCMB Group Plc, Stanbic IBTC Holdings Plc and Guaranty Trust Bank Plc.

Financial Vanguard analysis revealed that three of the banks, namely, Zenith Bank, Access Bank and UBA accounted for 64 per cent of the total dividend declared by the seven banks, while their directors smiled home with N9.42 billion.

Top 10 directors by dividend received

Analysis of the top 10 dividend earning directors in 2016 showed that Jim Ovia, the chairman of Zenith Bank earned the highest dividend of N5.95 billion followed by Herbert Wigwe, the Group Managing Director/Chief Executive Officer of Access Bank Plc who earned N1.75 billion.

Tony Elumelu, UBA chairman, was the third highest dividend earning director with N1.55 billion, followed by Olusegun Agbaje, Managing Director/CEO of GTB and Adaora Umeoji, the Deputy Managing Director of Zenith with N662.56 million and N63.87 million dividend respectively.

http://www.vanguardngr.com/2017/04/78-bank-directors-get-n10-34bn-dividend-2016/

Monkey dey work Baboon dey chop though one of my sister name appear for people wey follow chop zenith dividend big time

@Peterichy, i see you as the Baboon that want to chop
were she/he did not work . for example, you invest 50% in dollars, 45% in TB and 5% in stock/shares and you want to have the same dividend with them ? . why you make your money as you said every week in dollars and 91 days in TB, why they invest in the stocks for one good year with out jijo .

PETERiCHY:
78 bank directors get N10.34bn dividend in 2016


*Zenith, Access, UBA account for 64% of dividend
*Ovia, Wigwe, Elumelu get 89.5%



AT the backdrop of the recession the nation’s economy slipped into last year alongside inflationary pressures, corporate results from the banking sector so far released indicate significant increases in fortune for the investors.


Jim Ovia, Tony Elumelu & Herbert Wigwe
While the general shareholders of the first batch of seven banks announcing results so far received a total dividend income of N162 billion, indicating a rise by 13 per cent against N143.3billion in 2015, directors of the banks numbering 78 recorded 20.5 per cent rise in their dividend income at N10.34 billion as against N8.58 billion in 2015.

The banks are Zenith International Bank Plc, Fidelity Bank Plc, Access Bank Plc, United Bank for Africa, UBA Plc, FCMB Group Plc, Stanbic IBTC Holdings Plc and Guaranty Trust Bank Plc.

Financial Vanguard analysis revealed that three of the banks, namely, Zenith Bank, Access Bank and UBA accounted for 64 per cent of the total dividend declared by the seven banks, while their directors smiled home with N9.42 billion.

Top 10 directors by dividend received

Analysis of the top 10 dividend earning directors in 2016 showed that Jim Ovia, the chairman of Zenith Bank earned the highest dividend of N5.95 billion followed by Herbert Wigwe, the Group Managing Director/Chief Executive Officer of Access Bank Plc who earned N1.75 billion.

Tony Elumelu, UBA chairman, was the third highest dividend earning director with N1.55 billion, followed by Olusegun Agbaje, Managing Director/CEO of GTB and Adaora Umeoji, the Deputy Managing Director of Zenith with N662.56 million and N63.87 million dividend respectively.

http://www.vanguardngr.com/2017/04/78-bank-directors-get-n10-34bn-dividend-2016/

Monkey dey work Baboon dey chop though one of my sister name appear for people wey follow chop zenith dividend big time

so we should fry beans

Plz updates on transcorp, fcmb n fidelity

You should be careful for some Nigerian brokers like Lead Capital.

The people buying transcorp now are not kid investors. They are mopping up every available offer at any price. Something is definitely happening there.

Intendy:
http://nse.com.ng/Financial_NewsDocs/17632_LAFARGE_AFRICA_-Q1_MARCH_2017_FINANCIAL_STATEMENTS_APRIL_2017.pdf

Overall, did they do well. I see people buying into it this morning.