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Nigerian Stock Exchange Market Pick Alerts - Investment (2661) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:36am On Oct 26, 2017
rebekah2011:
Q3 was indeed terrible for this company.

Grossly over valued IMO.. some people are busy sucking the juice out of the coy under the guise of cost of sales and marketing, looks like they are almost done ...

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by flexshop(m): 10:38am On Oct 26, 2017
holm:
http://www.nse.com.ng/Financial_NewsDocs/19999_FCMB_-_LATE_FILING_OF_Q3_ACCOUNTS_CORPORATE_ACTIONS_OCTOBER_2017.pdf

LAGOS, NIGERIA – 23 October 2017: FCMB Group Plc (Bloomberg: FCMB) hereby notifies the
Nigerian Stock Exchange (“NSE”) that it will not be able to file its nine months unaudited
results for the period ended 30 September 2017 on the due date of 30 October 2017.
This is due to the commencement of the interim audit of the company’s commercial banking
subsidiary, First City Monument Bank Limited for the period ended 30 September 2017.
The consolidated third quarter, 2017 results of FCMB Group Plc, will be released on The
Nigerian Stock Exchange on or before 29 November 2017.

Thank God I dodged this bullet.....
In the 3 horse race of diamond Fcmb and fidelity, seems fidelity will win the race to 2 naira after all..... grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:43am On Oct 26, 2017
flexshop:


Thank God I dodged this bullet.....
In the 3 horse race of diamond Fcmb and fidelity, seems fidelity will win the race to 2 naira after all..... grin grin grin


Which bullet?
You dodged the assault of the entire US military... grin

change is indeed difficult.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:43am On Oct 26, 2017
flexshop:


Thank God I dodged this bullet.....
In the 3 horse race of diamond Fcmb and fidelity, seems fidelity will win the race to 2 naira after all..... grin grin grin

with the Q3 pls remove fidelity out of this. cheapest among bank that have declared result

grin
Re: Nigerian Stock Exchange Market Pick Alerts by Infinitisi(m): 10:44am On Oct 26, 2017
nio68:


Grossly over valued IMO.. some people are busy sucking the juice out of the coy under the guise of cost of sales and marketing, looks like they are almost done ...

Current Price please what should be the current price of Nigerian Breweries grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:46am On Oct 26, 2017
Nigeria’s External Reserves Near 3-Year High, Now $33.6b
www.businesspost.ng/2017/10/26/nigerias-external-reserves-near-3-year-high-now-33-6b/
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:47am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 10:47am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:48am On Oct 26, 2017
dipoolowoo:
Nigeria’s External Reserves Near 3-Year High, Now $33.6b
www.businesspost.ng/2017/10/26/nigerias-external-reserves-near-3-year-high-now-33-6b/

a good thing in d middle of a complex economic growth debt-led quagmire
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:49am On Oct 26, 2017
holm:
http://www.nse.com.ng/Financial_NewsDocs/19999_FCMB_-_LATE_FILING_OF_Q3_ACCOUNTS_CORPORATE_ACTIONS_OCTOBER_2017.pdf

LAGOS, NIGERIA – 23 October 2017: FCMB Group Plc (Bloomberg: FCMB) hereby notifies the
Nigerian Stock Exchange (“NSE”) that it will not be able to file its nine months unaudited
results for the period ended 30 September 2017 on the due date of 30 October 2017.
This is due to the commencement of the interim audit of the company’s commercial banking
subsidiary, First City Monument Bank Limited for the period ended 30 September 2017.
The consolidated third quarter, 2017 results of FCMB Group Plc, will be released on The
Nigerian Stock Exchange on or before 29 November 2017.

Similar press release expected from FBNH and Stanbic. Financial holding companies have this problem. For example, Insurance subsidiaries must receive NAICOM approval before result can be consolidated to the Holdco's.
Conspiracy theorists should back off tongue cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:50am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:51am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:52am On Oct 26, 2017
Manonamission:


Similar press release expected from FBNH and Stanbic. Financial holding companies have this problem. For example, Insurance subsidiaries must receive NAICOM approval before result can be consolidated to the Holdco's.
Conspiracy theorists should back off tongue cheesy
FBNH result will hit the mart. this week. They don't audit in q3. By the way, where is Ihedi. He should be giving us update on FBNH. I just hope he survived Oando news undecided
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 10:53am On Oct 26, 2017
Guinness Nigeria Plc: Listing of Additional Shares of Issued by way of a Rights Issue Dealing Members are hereby notified that 684,494,631 ordinary shares of Guinness Nigeria Plc were listed on The Daily Official List of The Exchange on 25 October 2017. The additional shares listed arose from Guinness Nigeria Plc Rights Issue of 684,494,631 ordinary shares of 50 kobo at N58 per share in the Ratio of 5:11 Ordinary Shares held as at 15 March 2017. With this listing of 684,494,631 ordinary shares, the total issued and fully paid up shares of Guinness Nigeria Plc has now increased from 1,505,888,188 to 2,190,382,819 ordinary shares. This is for your information and records update please.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:57am On Oct 26, 2017
Mpeace:
FBNH result will hit the mart. this week. They don't audit in q3. By the way, where is Ihedi. He should be giving us update on FBNH. I just hope he survived Oando news undecided

I doubt this. Lets wait and see
Re: Nigerian Stock Exchange Market Pick Alerts by kokobaba: 10:58am On Oct 26, 2017
cadno:

Bros, how many stocks are remaining in NSE...moreso, how many stocks trade daily on the exchange these days.
3 or 4 stocks picks makes life better grin grin

All the above mentioned stocks are good selections and will give good returns based on their latest results. just be patient, wait for a pull back and enter at a good price. we are still awaiting the result of dangote flour, sugar and transcorp which will most likely be at least above average. my opinion.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 10:58am On Oct 26, 2017
Zenith
- market marker is ehhh playing kashi abi
- opened 26.70 ! ! from a close of 25.60 .. and some quoted 26.40 closure yesterday
- we watching ..
- will put some sell order at 28 and see wat happens loll
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:02am On Oct 26, 2017
kokobaba:


All the above mentioned stocks are good selections and will give good returns based on their latest results. just be patient, wait for a pull back and enter at a good price. we are still awaiting the result of dangote flour, sugar and transcorp which will most likely be at least above average. my opinion.
Transcorp is already out. Eps 8k
Re: Nigerian Stock Exchange Market Pick Alerts by kokobaba: 11:06am On Oct 26, 2017
Manonamission:


I doubt this. Lets wait and see

Am not expecting anything fantastic from fbnh.
The non performing loan is just to high and their risk management is nothing to write home about.
Efficiency is zero. The worst bank among all the tier one.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:11am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:18am On Oct 26, 2017
kokobaba:


Am not expecting anything fantastic from fbnh.
The non performing loan is just to high and their risk management is nothing to write home about.
Efficiency is zero. The worst bank among all the tier one.
That was then. New management, and everything is changing. For the first time in over 2 yrs, fbnh did staff recruitment, promotion and training. Something has changed (financially) They might noT have a fantastic q3 but you can bet on their full year and 2018 with all the write backs and reclassifications of previously NPLs.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 11:21am On Oct 26, 2017
fxuser:
Zenith
- market marker is ehhh playing kashi abi
- opened 26.70 ! ! from a close of 25.60 .. and some quoted 26.40 closure yesterday
- we watching ..
- will put some sell order at 28 and see wat happens loll


It can open wherever it likes! Na where e dey now be the koko. Quickly losing like 3.75%

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:24am On Oct 26, 2017
Agbalowomeri:
We have enjoyed the good results
From tomorrow, the bad results will start landing as Kim Jong-un faces Trump grin grin grin

So, let's brace up it has started already
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:26am On Oct 26, 2017
kokobaba:


Am not expecting anything fantastic from fbnh.
The non performing loan is just to high and their risk management is nothing to write home about.
Efficiency is zero. The worst bank among all the tier one.

i think d worst is over ! d bank has been thru everything
looking a price , a close above 6.30 on a weekly shud not be ignored and IF SP breaks its prev 51 week high ..
be rest assured .. it will keep making new ones
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:30am On Oct 26, 2017
bigjay01:


It can open wherever it likes! Na where e dey now be the koko. Quickly losing like 3.75%


umm if u ar looking at it from Opening price , yeah . But its trading above prev close
a very high opening price , sets a higher floor for d day .. it allows a lot of shaking
we wait and see ..
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:32am On Oct 26, 2017
fxuser:



umm if u ar looking at it from Opening price , yeah . But its trading above prev close
a very high opening price , sets a higher floor for d day .. it allows a lot of shaking
we wait and see ..

All this one una dey talk, I will still buy zenith for 18 grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:36am On Oct 26, 2017
FCMB what aileth thee
By Nov 29, a loaf of bread shall sell for 2 shillings grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 11:37am On Oct 26, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:38am On Oct 26, 2017
Agbalowomeri:


All this one una dey talk, I will still buy zenith for 18 grin

grin grin grin
- u don talk am .. pls allow us to get out fully first
- meanwhile , d daily is looking topsy shaky shaky shaky
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:42am On Oct 26, 2017
DangFlour
- those who bought the support ard the N6 levels shud be over +20% now
- patience pple
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:43am On Oct 26, 2017
fxuser:


grin grin grin
- u don talk am .. pls allow us to get out fully first
- meanwhile , d daily is looking topsy shaky shaky shaky

Oh I no know say u dey inside o. Oya Zenith zoom to 29 before reverse
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:46am On Oct 26, 2017
Agbalowomeri:
FCMB what aileth thee
By Nov 29, a loaf of bread shall sell for 2 shillings grin grin grin

Oga loco just thinking aloud ni o

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