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Nigerian Stock Exchange Market Pick Alerts - Investment (2654) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:14pm On Oct 23, 2017
pluto09:


There was a change of ownership with dangote flour and that alone was enough to send the price upward.
Dangote flour is also a small company compared to seplat and the sectors in which the two operate are not the same.


pluto09:


We have heard that kind of story before.
Me, I no dey buy hope again. grin

This what I responded to.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:17pm On Oct 23, 2017
Manonamission:


Grab your copy cheesy

in line with expectations !

#HOLD
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 12:19pm On Oct 23, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:20pm On Oct 23, 2017
fxuser:


in line with expectations !

#HOLD

Unfortunately, I don't even have any to hold. No position here and not willing to pursue. cry
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 12:37pm On Oct 23, 2017
fxuser:


in line with expectations !

#HOLD

Exceed my expectations. Unfortunately, i have no position to hold . grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:40pm On Oct 23, 2017
in my opinion base on new latest fidelity report. my bedsheet have place fidelity on strong watch out.

probability of high capital gain here among bank already release result.

very good result

grin

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 12:43pm On Oct 23, 2017
currentprice:
in my opinion base on new latest fidelity report. my bedsheet have place fidelity on strong watch out.

probability of high capital gain here among bank already release result.

very good result

grin


At your back Sir grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 12:46pm On Oct 23, 2017
stokfrick:

@ current price, can d same be said of fidelity and if so , what effect r u envisaging on its sp in 5-6 months time?

currentprice:


fidelity Q3 not yet out grin but base on Q2 i have a valuation price of N2.2.. apart from their dividend goodwill. if i must buy penny bank i will go for diamond grin grin

depend on Q3,,the price may value down or up

@ stockfrick hold ur fidelity tight, buy more if possible grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 12:46pm On Oct 23, 2017
currentprice:
in my opinion base on new latest fidelity report. my bedsheet have place fidelity on strong watch out.

probability of high capital gain here among bank already release result.

very good result

grin
The market may want to compare the result with those of its peers(fcmb and diamond bank) before the said appreciation can start.
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:46pm On Oct 23, 2017
http://nse.com.ng/Financial_NewsDocs/19925_FCMB_GROUP_-_PROPOSED_ACQUISITION_CORPORATE_ACTIONS_OCTOBER_2017.pdf

"LAGOS, NIGERIA – 23 October 2017: FCMB Group Plc (Bloomberg: FCMB) hereby notifies the
Nigerian Stock Exchange (“NSE”) that FCMB Group Plc (“FCMB”) has entered into an agreement
with other shareholders of Legacy Pension Managers Limited (“Legacy”), for the acquisition of an
additional 60% stake in Legacy. The proposed acquisition will increase FCMB’s interest in Legacy to
88.2%, thus making Legacy a subsidiary of FCMB.
The proposed transaction is subject to the approvals of the Central Bank of Nigeria, the National
Pension Commission and the Securities and Exchange Commission.
We shall notify the NSE once the relevant approvals for the transaction are received."
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:53pm On Oct 23, 2017
FCMB to acquire a pension fund administration company, i am wondering what the business motivation could be. I thought they would rather focus on their core business by divesting non-banking businesses. Meanwhile, any performance short of market expectation will send its price to the awaited N0.90k junction... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:57pm On Oct 23, 2017
Coolcash1:
FCMB to acquire a pension fund administration company, i am wondering what the business motivation could be. I thought they would rather focus on their core business by divesting non-banking businesses. Any performance short of market expectation will send its price to the awaited N0.90k junction... grin

You mean 75kobo
Make dem release result, dem dey talk acquisition
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:59pm On Oct 23, 2017
Agbalowomeri:


You mean 75kobo
Make dem release result, dem dey talk acquisition

grin grin...locodemy won't like it o.. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:01pm On Oct 23, 2017
Fidelity is a buy for me
At the appropriate time
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:01pm On Oct 23, 2017
Coolcash1:


grin grin...locodemy won't like it o.. cheesy
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by PharmAlfred: 1:02pm On Oct 23, 2017
Fidelity here we come. Take us to #2.50.

Only a wish. I hope it comes through.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:09pm On Oct 23, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 1:11pm On Oct 23, 2017
surprised market doesn't seem to be responding positively to Zenith.. Thought their result was good compared to GTBank trading at 40+.. Am I missing something ?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:19pm On Oct 23, 2017
nio68:
surprised market doesn't seem to be responding positively to Zenith.. Thought their result was good compared to GTBank trading at 40+.. Am I missing something ?

Market will react at the "appropriate time"
We are waiting at 18 for this one
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 1:23pm On Oct 23, 2017
nio68:
surprised market doesn't seem to be responding positively to Zenith.. Thought their result was good compared to GTBank trading at 40+.. Am I missing something ?

Madam market is generally sluggish. Creating opportunity to position for new entries.
Re: Nigerian Stock Exchange Market Pick Alerts by Josh121(m): 2:23pm On Oct 23, 2017
Please I need morgancapital contact number, all the phone number is not going
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 2:28pm On Oct 23, 2017
Agbalowomeri:


You mean 75kobo
Make dem release result, dem dey talk acquisition

He meant 55k and not .90k grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 2:29pm On Oct 23, 2017
This one wey ppl dey dump diamond bank like this. Hmm
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:43pm On Oct 23, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:47pm On Oct 23, 2017
stocks with new 52 week highs
international breweries #56.23k
fidelity bank #1.50k
Niger delta exploration & production #150.73k
no new 52 week lows

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:54pm On Oct 23, 2017
Seems winter comes early this year grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:55pm On Oct 23, 2017
Intendy:
stocks with new 52 week highs

international breweries #56.23k

fidelity bank #1.50k

Niger delta exploration & production #150.73k

no new 52 week lows

grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:59pm On Oct 23, 2017
Still waiting for diamond at 75kobo
Re: Nigerian Stock Exchange Market Pick Alerts by Josh121(m): 3:21pm On Oct 23, 2017
Josh121:
Please I need morgancapital contact number, all the phone number is not going
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 3:32pm On Oct 23, 2017
Josh121:
Please I need morgancapital contact number, all the phone number is not going
08124179601 (Lanre), 07018517156 (titilayo Morakinyo)
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:32pm On Oct 23, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 3:35pm On Oct 23, 2017

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