chief i tot i was d only one dat saw it

kolaish:
call 08097016905 (OLUCHI), 08124179601 to speak to any of them.

Thanks and they should do something about their on & off email address.

holm:
What is that 458M units of FBN.

I saw it too.

holm:
What is that 458M units of FBN.

470+M

fxuser:


MIB tranx . . ! wow

You mean Oba Otu.... is at the exchange today

fxuser:


MIB tranx . . ! wow

late yday and today is lookin like a shakeout.

with d kind of volume being pushed on some stock

zenith fbn access all above 20 day average volume despite massive loss

holm:

You mean Oba Otu.... is at the exchange today

loll

holm:
What is that 458M units of FBN.

The big boys are back. Recession is over. Get ready for serious business. Last bull was a child play

BMZK:


The big boys are back. Recession is over. Get ready for serious business. Last bull was a child play

Exactly my thoughts, we may not have seen the end of this bull just yet.

Afterall next week will prove that.. Some panic & sold ...locodemy did u sale yet...i haven't ooh..

BMZK:


The big boys are back. Recession is over. Get ready for serious business. Last bull was a child play

If they are back but buys only through cross deals, do you think that will benefit players like us?

BMZK:


The big boys are back. Recession is over. Get ready for serious business. Last bull was a child play

Clearly the Men in Black are back!

I can see them here from my sea view mansion top

Tritri:
Afterall next week will prove that.. Some panic & sold ...locodemy did u sale yet...i haven't ooh..

Bro its not that easy like you said , i have a stock i was on negative of over 400k on since last year , now i was able to sell at 30k loss
U can imagine those that have sold @ heavy loses then , Thank God of the this bull
Nse na funny place , the fear of going back to heavy loss ..u no wan experience it



Now i can study the market again for another opportunity

lancee:










Bro its not that easy like you said , i have a stock i was on negative of over 400k on since last year , now i was able to sell at 30k loss
U can imagine those that have sold @ heavy loses then , Thank God of the this bull
Nse na funny place , the fear of going back to heavy loss ..u no wan experience it



Now i can study the market again for another opportunity

Ur right ! I will wait on my losing trade too

lancee:


Bro its not that easy like you said , i have a stock i was on negative of over 400k on since last year , now i was able to sell at 30k loss
U can imagine those that have sold @ heavy loses then , Thank God of the this bull
Nse na funny place , the fear of going back to heavy loss ..u no wan experience it



Now i can study the market again for another opportunity

You are spot on! It was really an opportunity to exit those unprofitable stocks...Yours truly also had to do same.

EARNINGS REVIEW - FIRST BANK NIGERIA HOLDINGS PLC

FBNH PLC: Q1’2017 & FY’2016 EARNINGS RELEASE

Monumental Loan Loss Provisioning Pressured Top Line Growth

FBN Holdings PLC (‘’FBNH’’ or ‘’The Group’’ or “The Bank”) recorded mixed performances across FY’16 and Q1’17 financial periods. Whilst “the Group” recorded improved top-line performances across both periods, the bottom-line was dampened by sizable loan loss provision, amidst deteriorating asset quality and rising Non Performing Loan (NPL). Gross Earnings grew by 15.7% to N581.8bn in FY’16 (Vs. N502.7bn in FY’15) above consensus estimate and Lead’s estimate of N490.5bn...

The decline in the bottom-line was pressured by a copious N226.0bn loan loss provision (coupled with deteriorating asset quality), amidst an industry high NPL ratio of 24.4%. Consequently, Profit After Tax (PAT) shed by 19.1% YoY to N12.2bn below consensus estimate and Lead’s N39.1bn FY’16 forecast. In spite of the pressured earnings, “FBNH” proposed a dividend of N0.20 in perfect conformity with our estimate (Lead estimate: N0.20), backed mostly from the profits it made from its other subsidiaries.

On the other hand, “the Group” Quarter-on-Quarter (QoQ) performance revealed a declined in profitability for Q1’17, posting a PAT of N16.2bn (-23.4% YoY) despite the impressive 31.4% growth recorded in Gross Earnings for Q1’17 at N141.2bn (Vs. N107.6bn in Q1’16). The top-line growth was dampened by sizeable stake in loan loss expense, posting a higher than expected loan loss provision hitting high at 126% QoQ to N28.8bn (Vs N12.8bn Q1’16) as asset quality challenges continues to hit operations…

Earnings Estimate and Target Price Reviewed Upward, Buy Rating Retained
Consequent on the stronger than expected top-line performance recorded for FY’16 and Q1’17 periods, we have reviewed our earnings estimate upward. We expect Interest Income to increase marginally as the fixed income deposits gets attractive with inflation rate on the downtrend. Similarly, we expect Non-Interest Income to flow high in FY’17 on the heels of expected FX gains and more tax-free returns from fixed income trading…

Overall, we are optimistic about the Group’s long term performance, hence, we forecast EPS of N0.41 for FY’17 (Vs. N0.34 in FY’16) and DPS of N0.25 for FY’17 (Vs. N0.20 in FY’16). Thus, we have reviewed our 12-month Target Price (TP) upward to N4.86 (Vs. previous N4.34), indicating a substantial investment benefits from the closing price of N3.85 as at 11/05/2017 and we recommend a buy on the stock.

PETERiCHY:


NSE don try 26% in TRANSCORP & 31% in FIDELITYBK.

Oga abeg when is the next TB primary auction let's use our trading fund collect the 17.5%profit that is on 180days tenor.

Now reposition ourself for NSE Santa Claus rally in Dec.

*ThE OcToPuS*

Good to see peterichy smile

maishai:


Good to see peterichy smile

Leave am.... when the bears show again...he will take his pound of flesh from President Buhari! lol

Good day my brother's and sister's in the LORD . If you are here to make money buy FBNH&OANDO next week, the bears you see are weekend bears . And if you are here to talk like a dude go on body will tell you .

I need to be able to sell short... Which trading platforms allow sell short?

BNSITL please permit me to ask this question here.;

A friend wired (Telegraphic Transfer) some Euro currency from an European country to my Nigerian Euro domiciliary bank account, i want to know the currency at which our Nigerian bank will pay me if i want to withdraw the fund, Is it in Euro or in Naira ?

fulfillment2020:
BNSITL please permit me to ask this question here.;

A friend wired (Telegraphic Transfer) some Euro currency from an European country to my Nigerian Euro domiciliary bank account, i want to know the currency at which our Nigerian bank will pay me if i want to withdraw the fund, Is it in Euro or in Naira ?

Naira.

holm:


Naira.

Nope,

As long as your Euro account is credited, you have the choice to withdraw Euro cash or transfer it

fulfillment2020:
BNSITL please permit me to ask this question here.;

A friend wired (Telegraphic Transfer) some Euro currency from an European country to my Nigerian Euro domiciliary bank account, i want to know the currency at which our Nigerian bank will pay me if i want to withdraw the fund, Is it in Euro or in Naira ?

If Euro has been deposited in your Euro account, you will be paid in Euro

holm:

Naira.

Thanks, but at what rate ? CBN or Black Market ?

veecovee:
Beloved,

DON'T REVENGE... VENGANCE IS THE LORD'S.

Proverbs 24:29 King James Version (KJV)
Say not, I will do so to him as he hath done to me: I will render to the man according to his work.

Romans 12:19 King James Version (KJV)
Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

SEND THIS MESSAGE TO OTHERS.

MARANATHA

Bros, I am a practicing Christian that loves God but understands the place of respecting other people's faith in public forum of this type. Besides, this is not a religion forum so, posting unwarranted messages like this will surely give room for the forum to be abused and derailed...If you want to preach, please do that in the forum dedicated for such and not here...Please respect the sanity of this forum by desisting from engaging in continuous posting of unrelated messages.

Thanks for complying.

We are all making money this year...

kezzyman:


Nope,

As long as your Euro account is credited, you have the choice to withdraw Euro cash or transfer it

Thanks bro

safepaulooo:


If Euro has been deposited in your Euro account, you will be paid in Euro

Ok bro, thanks for the info.