OBAGADAFFI:


When the market is confusing you, start diversifying immidiatly.

You will be shocked to know were the profit will be coming from.

I am playing the group not only the bank.you will be surprise to see us smiling@ Q1 result even @15% increase is much welcome.

austinkenneth:


I think if we float, we will easily have an "Eqypt situation" where a massive 50% uplift (~8000 to ~12000) was recorded in EGX30 after currency floatation.

So it means the EGX 30 served as a devaluation hegde in Egypt. So will NSE in Nigeria. Emefiele will tire.

do you think about the effect of futher devaluation to common nigerians?? pls dont pray for that aberg.

locodemy:


I am playing the group not only the bank.you will be surprise to see us smiling@ Q1 result even @15% increase is much welcome.

LOL,

Anyone buying FCMB stock is also buying the group.

I sold 90% at dividend closure and still make profit.

Wiating for another entry price..

If you don't take profit the market will give you loss

OBAGADAFFI:


LOL,

Anyone buying FCMB stock is also buying the group.

I sold 90% at dividend closure and still make profit.

Wiating for another entry price..

If you don't take profit the market will give you loss

The current price is another entry price against q1 result coming up on friday this week.
pls leave the stock for us.Na we know how to handle am well.I have been on profit @ fcmb,selling and repurchasing adding more units from time to time.

locodemy:


The current price is another entry price against q1 result coming up on friday this week.
pls leave the stock for us.Na we know how to handle am well.I have been on profit @ fcmb,selling and repurchasing adding more units from time to time.

Every single trade is bad if it does not return the expected gain within the expected time frame and instead triggers a stop loss.

locodemy:


The current price is another entry price against q1 result coming up on friday this week.
pls leave the stock for us.Na we know how to handle am well.I have been on profit @ fcmb, selling and repurchasing adding more units from time to time .

If this is not deceit, I don't know what is.

Manonamission:


If this is not deceit, I don't know what is.

My Oga I just dey for here

locodemy:


FCMB is the only stock i will play @nse until i see another robust stock to play.I am still at heavy profit even till now.my dividend coming up next week is 2.1m or thereabout if tax is deducted.i also bought almost all at 1.00 which still has upward direction any moment from now.

It is not too good to get attached to a particular stock when you are not an insider. Spread the risk, as nothing like 'guaranteed' in this game.

I welcome the idea of identifying stocks that are likely to beat the charts and provide superior returns over the current financial year. I tip large companies making significant recovery from previous loss or below par positions. Unfortunately, the Q1 result will be a pointer and is unknown to the majority of market participants until it is released.

STanbic Q1 is mind blowing

The cement companies are reporting improved margins, Wapco and Ashaka. CCNN/Sokoto cement (poor liquidity though) is one to watch.

Flourmill has great potential, if and when its fortunes improve. Food business is serious business. Market share is commendable.

What does 2017 hold for real estate investment? UACPROP is one to watch here.


These are not BUY recommendations just musings

DeRuggedProf:
JUST THINKING: Every year a stock does magic, that if one identified early, would have greatly profited him. Can we suggest and analyse to benefit us here? At times, some people may have hidden/insider knowledge or just amazingly interesting insights

Last year, DANGFLOUR moved below N1.00 to over N4.00.
I almost took a cutlass to question the elders in my village....
That journey was done through level grounds, hills and valleys. It was like magic. At times the fundamentals, at other times the Technicals threw us all overboard on that journey, our life jacket was our STOP LOSS and POSITION SIZES....

Which stock do we think will do this in 2017 or are all stocks presently overvalued?

Lets kick start an interesting discussion...

Don't think too far, check out FO, please do your due diligence o, before you quote me

Thinking:
What FYE eps is considered good for a stock selling @ N1.00?

Condition: COY is debt free.

DeRuggedProf:
Thinking:
What FYE eps is considered good for a stock selling @ N1.00?

Condition: COY is debt free.

Manonamission:


If this is not deceit, I don't know what is.

I am the only one who knows the real game i am playing with this stock.
when you choose one stock to play,you will know when to sell and repurchase at lower price to add more units.I remember selling part of it at 1.22 and bought back at 1.12 and still participate in the dividend.
I will keep on loading fcmb as the lord giveth me strenght and will be be selling to repurchase back.

DeRuggedProf:
Thinking: What FYE eps is considered good for a stock selling @ N1.00?
Condition: COY is debt free.

50 kobo EPS is good for a stock of 1.00 let alone 97 kobo EPS.

locodemy:

I am the only one who knows the real game i am playing with this stock.
when you choose one stock to play,you will know when to sell and repurchase at lower price to add more units.I remember selling part of it at 1.22 and bought back at 1.12 and still participate in the dividend.
I will keep on loading fcmb as the lord giveth me strenght and will be be selling to repurchase back.

Its better to allow Pareto's law of 20/80 to work...
If the 80% is chosen by this stock....Gdnight..

DeRuggedProf:


Its better to allow Pareto's law of 20/80 to work...
If the 80% is chosen by this stock....Gdnight..

@locodemy
@DeRuggedProf

do you think diamond bank might be going the way of SKYE this year..am tinking of piking at the bottom ..advice

On Transcorp, SHAREHOLDERS should be wary of profits attributed to "Non-Controlling Interests" which constitutes a large proportion of earned income.

I doubt it.
Net int income yoy dipped by only 2 billion.
income from fees and commissions soared by over 7 billion.
Total exp remained virtually the same.
The biggest challenge with diamond is the poor loan portfolio. Total loan write off for the past 2 fy is over 110 billion.

Nigerian Banks are most at risk when they are politically exposed.
Skye bank went down because of political exposure. Diamond bank acquired most of their bad loans during Otti's reign, his romance with politics exposed the bank.
The Dozie prince in charge may not be the brightest chap but his risk appetite is low so no risky maneuvers. The end of the crisis is near. The constant clean up in the past 3 years will let up now and profit retention is the game.

My opinion anyway.

Tritri:


@locodemy
@DeRuggedProf

do you think diamond bank might be going the way of SKYE this year..am tinking of piking at the bottom ..advice

pluto09:
https://www.bloomberg.com/news/articles/2017-04-24/nigeria-said-to-let-market-decide-naira-rate-on-exchange-window

This is getting serious...

@austinkenneth Ur food dan come.

locodemy:

I am the only one who knows the real game i am playing with this stock.
when you choose one stock to play,you will know when to sell and repurchase at lower price to add more units.I remember selling part of it at 1.22 and bought back at 1.12 and still participate in the dividend. I will keep on loading fcmb as the lord giveth me strenght and will be be selling to repurchase back.

The NSE is messed!
They now carry out insider trading with boldness

stokfrick:
The NSE is messed!
They now carry out insider trading with boldness

Seems so, under the guise of closed period. Many fingers will be burnt here this week as exit door is likely to be narrow on transcorp.

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DeRuggedProf:
The one key thing an investor is not sure of in the market is how the market will interpret facts.

yup . .

Demmy59:
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Una no dey hear word?
I wonder who dey respond to all these stupid things.
Monkey dey work,bambo dey chop..........refferal things no good for online biz o.our nairalanders,pls refrain from all these scammers.

pluto09:
https://www.bloomberg.com/news/articles/2017-04-24/nigeria-said-to-let-market-decide-naira-rate-on-exchange-window

''The first indicative closing rate on Monday was 377.11 per dollar.''

Gradually moving towards a reluctant but necessary transparent convergence level . .

Transcorp fingers are currently in the pot waiting for sulphur and brimstone.

Yesterday Review
- a strong Monday opening to last week in April
- big caps dragged the index up wt out Nestle
- pennystocks lead the volume board (diamond , transcorp, fidelity)
- a number of stocks opened above friday closing and closed higher (diamond, fidelity, zenith, UBA , GTB Wapco)
- Over 22 stocks traded over 1 mil units