Chibuking81:

FCMB will not allow that to happen.
FCMB will first see #2 and start its journey to #3 before Fidility and Diamond bank.
This comeing Monday I doubt whether you will see FCMB stock at current price of today closing which is #1.25.

Diamond bank might overtake Fidility in the nearest future, but FCMB will always be at their front.

I am now oncourse as water wan pass garri.
What do you have to say over this?

stocks with new 52 week lows
thomas Wyatt #0.52k
stocks with new 52 week highs
flourmill #25.51k
fbnh #7.07k
m & b #1.96k
dangote cement #210.00k
access bank #9.45k
presco #56.70k
okomu #57.75k
beta glass #55.89k
dangote sugar #7.82k
union bank #5.80k
nestle #955.00k

locodemy:


Well said.if i offload half of fcmb at 1.50,i made enough money as gain and still have surplus to retain for future disposal.When we talk of dangote flour,we are talking of 12 naira stock which is achiavable this year.Anyway i am still oncourse on fcmb.Will determine my fate on it on friday.

Flesh and blood did not reveal this to you. This is a spiritual revelation.

They wanted to come tell us what they did with the proceeds of the dufil prima deal but had to shift it because of the MRS visit.

My guess is either way given what i have read and heard from pple on the exchange.

1. Since its an asset disposal, they might decide to pay shareholders interimdividend since asset disposal is not affected by the policy on retained profit - its not a profit nor a loss

2. They might decide to use the money to nil off the accumulated loss position and make the company viable for dividend payment again. I am only wondering how much was paid and other conditions attached to the sale. Anybody with that info should kindly help out.

But if its the dangote i know, all the flour used in producing indomie henceforth will come from dangote flour.

Either way, he must give me 20m+ before july ending. Gotta do something with that money urgently.

mendes911:


Dangflour at N12..... Ohok. Have you discounted the fact that it's share price already moved from below N1 to its present price.

Did you also realized that the company jumped from negative to positive overnight.
Bros if EPS is considered in our present market,it will go above 12 by year end.

The nation’s equity market is again in a dicey situation that calls for cautious trading, as the Nigerian Stock Exchange (NSE) composite All Share Index broke-out the 2016 strong resistant level of 31,071.25 basis points on a huge volume of trade to attain a new 52-week high of 31,371.63, reflecting the strong demand for stocks.


Ride on brothers and Sisters

mendes911:


Dangflour at N12..... Ohok. Have you discounted the fact that it's share price already moved from below N1 to its present price.

That was with dangote buying back the company. Missed that bus due to treasury bill. This one is as a result of the dufil prima deal.

PETERiCHY:


N1 abi 80kobo this was what i actually put into consideration that made me dispose my Danflour @#4:30k and loaded more DIAMONDBK @88k and it paid off HANDSOMELY.

*ThE OcToPuS*

Why don't you just shut up and keep quiet. Please.

NSE market on flick!! I know I wouldn't miss a thing, market commentary on point. ACCA exam continues
Looking at my portfolio now and

Cadillac15:


That was with dangote buying back the company. Missed that bus due to treasury bill. This one is as a result of the dufil prima deal.

Dangflour is definitely a good buy and am also eyeing it. My discussion with Sir Loco is based on his predicted share price of N12.

Well, nothing is impossible when it comes to NSE.

locodemy:
As peterichy is now online,i don finish be that as fidelity is trading above fcmb.chai who will save me today?

though I offloaded some of my fcmb, I still believe that fcmb can't be trading below fidelity, if they release a good 2nd qtr result. However, all things being equal, I think that diamond should be leading the two

veecovee:
though I offloaded some of my fcmb, I still believe that fcmb can't be trading below fidelity, if they release a good 2nd qtr result. However, all things being equal, I think that diamond should be leading the two

Bro,i am still on course.will be thru on friday.

we are making more money this year.

DeRuggedProf:
https://www.thisdaylive.com/index.php/2017/06/05/nipco-gets-secs-approval-to-buy-out-mobil-shareholders/

Thank you.

I just learnt something now as i am still on course.I have been momouring asking myself why will fidelity and diamond rise at the same time to overtake fcmb,i discovered if such a competition is not seen among these 3 banks,it will be difficult for their prices to move.I am not even bothered which one gets to 2.00 first but i am sure the competition will take the 3 of them above 2.00 because one must surely lead in this category.

These 3 may be the best banks to reward shareholders in the year 2017.

mendes911:


Why don't you just shut up and keep quiet. Please.

Dont worry about him. He is an indicator in the opposite direction. If he endorses a stock, sell it if you have any in your portfolio. If he castigates a stock, buy it, its a sign of immediate appreciation in price.

Review his past posts for concurrence and confirmation.

Every brother is important here. In their own way.

My Money Growing Like Grass!

EDUECO:
My Money Growing Like Grass!

such stock is Dangote flour.

mendes911:


Why don't you just shut up and keep quiet. Please.

PETERiCHY:


N1 abi 80kobo this was what i actually put into consideration that made me dispose my Danflour @#4:30k and loaded more DIAMONDBK @88k and it paid off HANDSOMELY.

*ThE OcToPuS*

bro forgive him, he'll (peterichy) soon repent...myjoy84 (Godisfaithful) has repented

locodemy:




such stock is Dangote flour.

Dangote Flour will probably experience explosive bull.

Cadillac15:


Dont worry about him. He is an indicator in the opposite direction. If he endorses a stock, sell it if you have any in your portfolio. If he castigates a stock, buy it, its a sign of immediate appreciation in price.

Review his past posts for concurrence and confirmation.

Every brother is important here. In their own way.

And you think I have time for such riffraff

Someone that have quoted me umpteenth time and I never for ONCE reply.

Atleast by now his disabled mind ought to tell him to look for his fellow lowlifes.

locodemy:
I just learnt something now as i am still on course.I have been momouring asking myself why will fidelity and diamond rise at the same time to overtake fcmb,i discovered if such a competition is not seen among these 3 banks,it will be difficult for their prices to move.I am not even bothered which one gets to 2.00 first but i am sure the competition will take the 3 of them above 2.00 because one must surely lead in this category.

These 3 may be the best banks to reward shareholders in the year 2017.

all things being equal diamond is their leader. It used to hover around half of fisrtbank price . Check their history. Diamond was selling around N20 while first bank N40 in 2007 and N4 while first bank N8 in 2015. Beloved, infact as long as diamond is concerned, first bank is my measuring yardstick. As for fcmb it was around N14 in 2007 and around 2-3 in 2015

feelaaG:


Just looked at my portfolio and cannot believe my eyes....100% return on my FBN

This is looking like my Crypto trading portfolio now..

Chai!!

Ctypto can give you 1000% in 10 minutes.

EDUECO:
Dangote Flour will probably experience explosive bull.

the question is when? The money I have in this stock...no matter how small, would have given me handsome reward with fbnh. Well, we are all speculating, only God knows the future.

veecovee:
all things being equal diamond is their leader. It used to hover around half of fisrtbank price . Check their history. Diamond was selling around N20 while first bank N40 in 2007 and N4 while first bank N8 in 2015. Beloved, infact as long as diamond is concerned, first bank is my measuring yardstick. As for fcmb it was around N14 in 2007 and around 2-3 in 2015

The leader will be determined by earnings.Hopefully,Diamond may lead because of low OS when compare to the other two and also a higher earning.I didnt pick it due to their poor dividend history.I still believe fcmb will really wrestle with Diamond for a long time before it becomes the winner.What i need now is good result with a good bottom line.

locodemy:


The leader will be determined by earnings.Hopefully,Diamond may lead because of low OS when compare to the other two and also a higher earning.I didnt pick it due to their poor dividend history.I still believe fcmb will really wrestle with Diamond for a long time before it becomes the winner.

you're right...I have both, it'll be interesting watching the wrestling

leo1234:


Ctypto can give you 1000% in 10 minutes.

I don't know why I began to hate high yielding investments, after forex dealt with me.

Cadillac15:


Flesh and blood did not reveal this to you. This is a spiritual revelation.

They wanted to come tell us what they did with the proceeds of the dufil prima deal but had to shift it because of the MRS visit.

My guess is either way given what i have read and heard from pple on the exchange.

1. Since its an asset disposal, they might decide to pay shareholders interimdividend since asset disposal is not affected by the policy on retained profit - its not a profit nor a loss

2. They might decide to use the money to nil off the accumulated loss position and make the company viable for dividend payment again. I am only wondering how much was paid and other conditions attached to the sale. Anybody with that info should kindly help out.

But if its the dangote i know, all the flour used in producing indomie henceforth will come from dangote flour.

Either way, he must give me 20m+ before july ending. Gotta do something with that money urgently.

@ BOLD is correct.

Must Dufil Pasta products will be using dangote flour's.

Note:- FMN is the biggest competitor to both Dufil and Dangote Flours.

veecovee:
you're right...I have both, it'll be interesting watching the wrestle

Do you know the significance of the two stocks wrestling to shareholders?

The answer is whooping capital appreciation in dorminance.

SOMETIMES I WONDER WEATHER NIGERIA STOCKS, CAN IN THIS OUR LIFE TIME HIT THE PRICE OF 14/06/2007. Can it?

locodemy:


I am now oncourse as water wan pass garri.
What do you have to say over this?

FCMB 1.36
Fidelity 1.30

The way GTB refuse to allow Stanbic bank to cross and stay in front.
The same way FCMB will not allow Fidelity bank to cross and lead them

Watch out for part two tomorrow, upon the full bid of fidelity by the end of the day FCMB will continue to stay at front.

But I like the competition because the three bank ( FCMB, Fidelity and Diamond) will continue to move front as long as the competition last.

On Dangote flour, its a good stock but it rally might be toward ending of the month/next month, turn by turn.

Zenith bank is one bank that keep surprising me, I was expecting their price to reach #30 by now, but I really don't know what is wrong with them, or are they waiting for ACCESS bank and FBNH to come close before the move, UACN is another good stock at its current price waiting for passengers like Dangote flour, flour mill has taken off and still have enough fuel to reach #30.
SKYE bank has woken up looking for passenger, but am afraid whether they will not do hand over on the road, and go back to car park, but I personal want them to move forward which the might sustain this time around.

veecovee:
SOMETIMES I WONDER WEATHER NIGERIA STOCKS, CAN IN THIS OUR LIFE TIME HIT THE PRICE OF 14/06/2007. Can it?

Share the prices for us to see nah.

veecovee:
I don't know why I began to hate high yielding investments, after forex dealt with me.