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Nigerian Stock Exchange Market Pick Alerts - Investment (2590) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 3:59pm On Sep 11, 2017
Fidelity bank versus Diamond
Am still searching why Fidelity has not come down to meet Diamond bank, or Diamond to move up to meet Fidelity.

From their 2017 q1 result, Diamond bank group has EPS of 18 kobo, while Fidelity 15 kobo.
From their 2017 H1 result Diamond bank move up to 40 kobo EPS ( meaning 22 kobo earning from April to June), while Fidelity audit is still ongoing.

Please, who know the reason Fidelity price is higher than Diamond bank, when Diamond is a little bit higher in EPS, as shown below, and might probably cross above 80 kobo in their final year result?

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Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 4:07pm On Sep 11, 2017
Diamond bank has not paid dividend for some years ... While fidelity pays yearly.

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Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 4:10pm On Sep 11, 2017
my penny stock for the year HwellF. DD required.
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:15pm On Sep 11, 2017
OK .
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:17pm On Sep 11, 2017
As we are getting ready for final year result which is coming up in 3 months plus, after the Q3 which ends this month , from my own personal effort and point of view, the following stocks constitute my stock pick.

1. Fidelity bank
2. Zenith bank
3. Dangote flour
4. Diamond bank
5. Eternal
6. Conoil
7. UACN
8. FBNH
9. FCMB
10. UBA
11. Honeywell
12. Afriprud
13. United capital
14. GTB
15. SKY and Transcorp ( two sided, 50/50)

Buy at good price now and stand a chance of winning 30 - 60% in less than six months from now

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:19pm On Sep 11, 2017
sellydion:
my penny stock for the year HwellF. DD required.

How much is their 2017 H1 EPS?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jom28gy(m): 4:22pm On Sep 11, 2017
Thank you very much for your direction,i think i should write them.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:29pm On Sep 11, 2017
Chibuking81:


How much is their 2017 H1 EPS?

8k which is over 500% improvement over 2016 Q1

grin
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:31pm On Sep 11, 2017
Chibuking81:
As we are getting ready for final year result, from my own personal effort and point of view, the following stocks constitute my stock pick.

1. Fidelity bank
2. Zenith bank
3. Dangote flour
4. Diamond bank
5. Eternal
6. Conoil
7. UACN
8. FBNH
9. FCMB
10. UBA
11. Honeywell
12. Afriprud
13. United capital
14. GTB
15. SKY and Transcorp ( two sided, 50/50)

Buy at good price now and stand a chance of winning 30 - 60% in less than six months from now
In all this stocks can you give two of your best stock among them ? . But this 15 stocks like how many units can you buy one of them ?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:38pm On Sep 11, 2017
Whyyyyyyyyyyyy? I cannot see OANDO here. The list is not complete.
ihedioramma:
In all this stocks can you give two of your best stock among them ? . But this 15 stocks like how many units can you buy one of them ?
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 4:45pm On Sep 11, 2017
At current prices or what entry price will you suggest. Skye, FBNH, Diamond, Fidelity, FCMB, GTB(at the current price is a no no for me)
Chibuking81:
As we are getting ready for final year result which is coming up in 3 months plus, after the Q3 which ends this month , from my own personal effort and point of view, the following stocks constitute my stock pick.

1. Fidelity bank
2. Zenith bank
3. Dangote flour
4. Diamond bank
5. Eternal
6. Conoil
7. UACN
8. FBNH
9. FCMB
10. UBA
11. Honeywell
12. Afriprud
13. United capital
14. GTB
15. SKY and Transcorp ( two sided, 50/50)

Buy at good price now and stand a chance of winning 30 - 60% in less than six months from now
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:50pm On Sep 11, 2017
rebekah2011:
Whyyyyyyyyyyyy? I cannot see OANDO here. The list is not complete.
grin Chibuking81 come back put OANDO there cheesy . what is the out come of OANDO today ? grin Is like is like grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 4:50pm On Sep 11, 2017
ihedioramma:
In all this stocks can you give two of your best stock among them ? . But this 15 stocks like how many units can you buy one of them ?

This days penny stocks pay more, in terms of capital appreciation and dividend return, goes by the amount of money involve.

I think this triples stocks are good to go both in capital appreciation/ expectation of dividend in this 2017 finals
1. Fidelity
2. Diamond ( if they repent this time and pay dividend it will make sense)
3. FCMB

By good EPS
1. Dangote flour
2. Eternal

By first class in fundamental / dividend payment history
1. Zenith bank
2. GTB
3. UACN
4. UBA
5. FBNH
6. ACCESS BANK ( Included)
7. Ucap
8. Afriprudent
9. Conoil

By try your luck
1. Honeywell
2.Sky bank
3. Transcorp
4. Oando (added, because it belong to this category)

5 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:53pm On Sep 11, 2017
rebekah2011:
At current prices or what entry price will you suggest. Skye, FBNH, Diamond, Fidelity, FCMB, GTB(at the current price is a no no for me)
TRUTH . all na wash at there price now, if you are buying now cheesy OYO .
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:59pm On Sep 11, 2017
Chibuking81:


This days penny stocks pay more, in terms of capital appreciation and dividend return, goes by the amount of money involve.

I think this triples stocks are good to go both in capital appreciation/ expectation of dividend in this 2017 finals
1. Fidelity
2. Diamond ( if they repent this time and pay dividend it will make sense)
3. FCMB

By good EPS
1. Dangote flour
2. Eternal

By first class in fundamental / dividend payment history
1. Zenith bank
2. GTB
3. UACN
4. UBA
5. FBNH
6. ACCESS BANK ( Included)
7. Ucap
8. Afriprudent

By try you luck
1. Honeywell
2.Sky bank
3. Transcorp
grin You have not told me what i ask you but that dividend's class alway's on top .
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 5:09pm On Sep 11, 2017
Chibuking81:
As we are getting ready for final year result which is coming up in 3 months plus, after the Q3 which ends this month , from my own personal effort and point of view, the following stocks constitute my stock pick.

No Vex ChibuKing 81 make I add something Safety of funds is my primary focus, numbers and ecomomic policy

1. Fidelity bank > smiley
2. Zenith bank grin
3. Dangote flour grin
4. Diamond bank grin
5. Eternal sad
6. Conoil cheesy
7. UACN smiley
8. FBNH wink
9. FCMB smiley
10. UBA grin
11. Honeywell grin
12. Afriprud cheesy
13. United capital cheesy
14. GTB sad
15. SKY and Transcorp ( two sided, 50/50) angry

Buy at good price now and stand a chance of winning 30 - 60% in less than six months from now
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 5:13pm On Sep 11, 2017
rebekah2011:
At current prices or what entry price will you suggest. Skye, FBNH, Diamond, Fidelity, FCMB, GTB(at the current price is a no no for me)
When I said, buy at their good price, I don't really mean their current price, by next week, I believe that one can still get it at more cheaper price.

At closing price of today, most of the stocks I mention will still drop out 5-15 % within this month, but one thing is certain, 90% of them if not all, must surely make above 20% in their current price come Dec 2017 - April 2018.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:19pm On Sep 11, 2017
I am not that optimistic about the banks. A number of them have peaked in my opinion. I dont even know what to call some of the 2nd tier banks. Their share market is not just encouraging again. The gap between them and the big banks are becoming wider day by day. First Bank will have to show massive recoveries of the earlier bad loans written off. To make matters worse, the accounts was not even audited.
Chibuking81:

When I said, buy at their good price, I don't really mean their current price, by next week, I believe that one can still get it at more cheaper price.

At closing price of today, most of the stocks I mention will still drop out 5-15 % within this month, but one thing is certain, 90% of them if not all, must surely make above 20% in their current price come Dec 2016 - April 2017.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:54pm On Sep 11, 2017
Chibuking81:

When I said, buy at their good price, I don't really mean their current price, by next week, I believe that one can still get it at more cheaper price.

At closing price of today, most of the stocks I mention will still drop out 5-15 % within this month, but one thing is certain, 90% of them if not all, must surely make above 20% in their current price come Dec 2016 - April 2017.
Truth but we are in 2017 not 2016 .
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:57pm On Sep 11, 2017
Oando Shareholders Stay Solidly Behind Tinubu, Retain Him as GCE
https://www.businesspost.ng/2017/09/11/oando-shareholders-stay-solidly-behind-tinubu-retain-gce/
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:19pm On Sep 11, 2017
currentprice:


8k which is over 500% improvement over 2016 Q1

grin
Base on their earning, which out of these three suppose come first in price, and which of them will you choose first and why?
1. Honeywell
2. Diamond
3. Fidelity.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 6:26pm On Sep 11, 2017
dipoolowoo:
Oando Shareholders Stay Solidly Behind Tinubu, Retain Him as GCE
https://www.businesspost.ng/2017/09/11/oando-shareholders-stay-solidly-behind-tinubu-retain-gce/

Forward looking statement continues
grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 6:42pm On Sep 11, 2017
Chibuking81:

Base on their earning, which out of these three suppose come first in price, and which of them will you choose first and why?
1. Honeywell
2. Diamond
3. Fidelity.


for me i will pick none grin

but to your question i will pick fidelity because of their dividend goodwill grin, high efficiency rate compare to diamand,,, grin current Audited earnings grin grin and based on Q2 fair price is N2.2 which may improve better by Q3 and end of the year reportgrin grin grin

diamond bank may give higher capital gain because of investor sentiment of bigger bank grin grin

this honeywell Q1 is not looking good but may be we can compare well when Q2 is out
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 7:18pm On Sep 11, 2017
cool
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 7:25pm On Sep 11, 2017
Chibuking81:
As we are getting ready for final year result which is coming up in 3 months plus, after the Q3 which ends this month , from my own personal effort and point of view, the following stocks constitute my stock pick.

1. Fidelity bank
2. Zenith bank
3. Dangote flour
4. Diamond bank
5. Eternal
6. Conoil
7. UACN
8. FBNH
9. FCMB
10. UBA
11. Honeywell
12. Afriprud
13. United capital
14. GTB
15. SKY and Transcorp ( two sided, 50/50)

Buy at good price now and stand a chance of winning 30 - 60% in less than six months from now

Why did you put SKY there? A company that has not released its result for almost two years
Buying sky is like a man who will go to a casino to play game after he has gulped enough alcohol.
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:22pm On Sep 11, 2017
pluto09:


Why did you put SKY there? A company that has not released its result for almost two years
Buying sky is like a man who will go to a casino to play game after he has gulped enough alcohol.
That's why I classified it under the group of try your luck, which is 50/50.
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:48pm On Sep 11, 2017
Chibuking81:


This days penny stocks pay more, in terms of capital appreciation and dividend return, goes by the amount of money involve.

I think this triples stocks are good to go both in capital appreciation/ expectation of dividend in this 2017 finals
1. Fidelity
2. Diamond ( if they repent this time and pay dividend it will make sense)
3. FCMB

By good EPS
1. Dangote flour
2. Eternal

By first class in fundamental / dividend payment history
1. Zenith bank
2. GTB
3. UACN
4. UBA
5. FBNH
6. ACCESS BANK ( Included)
7. Ucap
8. Afriprudent
9. Conoil

By try your luck
1. Honeywell
2.Sky bank
3. Transcorp
4. Oando (added, because it belong to this category)

Not convinced FBNH should be on the list based on fundamental. Their current price would only be sustained if Q3 improves...Conoil's Q2 result get as ebe
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:35pm On Sep 11, 2017
Following @Nairametrics final Twitt about Oando saga.

Greater Fool Theory, cost investors alot in Oando deals

What is the 'Greater Fool Theory'
The greater fool theory is the theory that states it is possible to make money by buying securities, whether overvalued or not, and later selling them at a profit because there will always be someone (a bigger or greater fool) who is willing to pay the higher price

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:47pm On Sep 11, 2017
52. The company had recorded a monumental loss of N184 billion in 2014, the largest ever by a quoted company in Nigeria.


55. They say when it rains it pours.

The company had taken what accountants call an impairment on all its legacy holdings.

56. Total write offs of its upstream assets were about N73 billion.

To make matters worse, the auditors would also report a major breach.

57. According to them, Oando had “paid dividend from unaudited reserves as at June 2014.
 grin

58. However, as at year-end there was insufficient reserves to absorb the dividend paid.” EOQ


59. In simple terms, it paid dividends to in July '14, in advance of profits, which it thought would remain in its accounts by year end. shocked

60. After all, it was July 2014 and Oil prices still looked good so someone 'excited' may have projected a bumper profit by year end.

61. It’s like eating your cake before you had it.

But by December, there was actually no cake to be eaten.

62. The profits it had accumulated in its reserves all these years were wiped out in one fell swoop.

COP was not what it seemed

63. Auditors would again question the going concern status of Oando.


64. They worried that it may not remain a business, disclosure auditors make when a company current liabilities exceed current assets.


65. But this was an Oando led by JAT and Mofe.


67. In December 2015, they announced that they had bought out the minority shareholders in OER,

68. the company listed in Toronto Stock Exchange and which owned COP.

It would be a move of a grand master



69. They held on, even as share price would slide to under N4 by the turn of the new year with more losses in its wake.

70. 2016 held some promise and JAT would later tell shareholders in the AGM of 2016 that

71. “we faced each challenge with renewed vigor and recorded significant milestones….”


73. The strategy in effect was to sell some of their assets and restructure their debts. The latter was more precarious. It had to be done
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:50pm On Sep 11, 2017
74. If the banks call in their facility, it could spell huge trouble. Banks also knew this was not d route they wanted to but waited on JAT

75. They were all in this together and so a restructuring of their debts was announced in June 2016.

76. And so 10 Nigerian banks would come together and restructure N95b in loans owed by Oando.

Only JAT & Mofe could pull this off


77. This feat that nearly went unnoticed nearly swallowed a telco this year, if it wasn't for regulators.

78. The deal allowed Oando to freeze payment on principal for three years allowing them to only service interest.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:52pm On Sep 11, 2017
80. In July of 2016, they would announce a mega $210m deal with HVI ,a joint venture owned


81. by Helios Investment Partners and Vitol, a world leader in oil marketing.

82. The JV would own 49% in a significant part of Oando’s downstream business under a new entity called OVH Energy (“OVH”).
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:04pm On Sep 11, 2017
83. By September of 2016, Nigeria’s economy took a turn for the worse. The economy was deep in recession and oil prices had nosedived.

86. The government had its sights on everything, they even took security of oil installations from Militants


88. The ports were target and thus for the first time in years, challenged the monopoly of Intels, owned 70% by Volpi.

91. As you would expect, business owners started looking inwards and around to see which asset they could latch on to.

92. It was the time when owners of business long forgotten, rang CEOs for regular updates on the financial status of their investments


93. In July 2017, a local news channel broke news that the SEC had suspended the AGM of Oando which was to take place on September 11, 2017.

94. Oando was livid and the network soon withdrew the news from its websites, perhaps out of fear of litigation.

95. But Oando would admit soon after that they were under investigation but that the AGM was yet to be suspended.

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