locodemy:


Sir,half year result was 9B and nine months 5B.
This result is good for unity,wema and sterling banks not for a big bank like Diamond bank.
With this result,i am 80% sure there will be no dividend by year end.
Dividend paying stocks are what people are looking to buy now.....i am sure diamond will not have a pleasant time from now going forward(nov 2017 to April 2018)

Mpeace:
I dont kw whether to call this a good result or a bad one. Everything went up 20%, eps now 1.55, but as usual the share price will not increase . This stock don tire person. I go sell buy diamond when e settles @...

Mpeace:
I dont kw whether to call this a good result or a bad one. Everything went up 20%, eps now 1.55, but as usual the share price will not increase . This stock don tire person. I go sell buy diamond when e settles @...

Agbalowomeri:


It is only 'hope' that would make anyone enter diamond at 1.0 with this result. The result is also expected anyway; compare this to the trend last year. Deceitful eps goes up Q1 Q2, regression to the truth Q3 Q4. That's exactly what happened last year. So I expect year end eps to be around 10kobo

Agbalowomeri:


It is only 'hope' that would make anyone enter diamond at 1.0 with this result. The result is also expected anyway; compare this to the trend last year. Deceitful eps goes up Q1 Q2, regression to the truth Q3 Q4. That's exactly what happened last year. So I expect year end eps to be around 10kobo

holm:
http://www.nse.com.ng/Financial_NewsDocs/20192_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

veecovee:
remember that last year 3rd quarter PAT was 3B and diamond is the 5th richest bank in Nigeria, the good thing is that they didn't make loss. I think that fide, diamond and fcmb has a way of trading within the same price range. There are better companies out there though, but this company is a buy at N1

BullBearMkt:

...@Agba, it's not only eps and other fundamental parameters that could help with stock selection, even at that good fundamental stocks sometimes found their stock prices going down. Numbers of such abound. Diamond bank between N0.95 and N1.00, technically is in the region where demand will be high & going by the simple law of demand, many investors will see the stock very cheap/bargain to keep for a period.

Approach to making good profit in financial market is not limited to fundamental analysis or neither technical or sentiment analysis as well.

nio68:


agreed but some of us no too sabi technical analysis .. I use fundamental to pick then the little technical analysis I know to determine my entry point... even though I get the tech part wrong, I have the strong fundamental is my line of defence

BullBearMkt:

...@Agba, it's not only eps and other fundamental parameters that could help with stock selection, even at that good fundamental stocks sometimes found their stock prices going down. Numbers of such abound. Diamond bank between N0.95 and N1.00, technically is in the region where demand will be high & going by the simple law of demand, many investors will see the stock very cheap/bargain to keep for a period.

Approach to making good profit in financial market is not limited to fundamental analysis or neither technical or sentiment analysis as well.

emmanuelewumi:


Diamond is not in the big 5. The big 5 are FUGAZ, First Bank, UBA, GT Bank, Access Bank and Zenith Bank.

veecovee:
my research few months ago placed it among the big 5. Well, if FUGAZ just over took it, then diamond should be 6th richest ...

mendes911:


Hehehe. You postulated otherwise for FCMB, we now know where they are (share price wise). Based on your antecedent (and if I have cash), I will gladly jump in at N1.00

My only worry is that Sir Peter is still on board. Nothing good happens to the share price of any stock owned by Sir Peter.

BullBearMkt:

...@Agba, it's not only eps and other fundamental parameters that could help with stock selection, even at that good fundamental stocks sometimes found their stock prices going down. Numbers of such abound. Diamond bank between N0.95 and N1.00, technically is in the region where demand will be high & going by the simple law of demand, many investors will see the stock very cheap/bargain to keep for a period.

Approach to making good profit in financial market is not limited to fundamental analysis or neither technical or sentiment analysis as well.

veecovee:
my research few months ago placed it among the big 5. Well, if FUGAZ just over took it, then diamond should be 6th richest ...

emmanuelewumi:
G


Diamond is a mid-sized Bank, we know the big banks. [b]If 20% of what happened to First Ban[/b]k should happen to Diamond Bank, we all know that Diamond Bank would have gone under.

pluto09:


What is your definition of richest?
Diamond bank is sick my brother and the sickness is feasible.
If you must buy Diamond at this point, it should be on your knowledge of TA. Fundamentally the bank is a no no.

emmanuelewumi:
G


Diamond is a mid-sized Bank, we know the big banks. If 20% of what happened to First Bank should happen to Diamond Bank, we all know that Diamond Bank would have gone under.

pluto09:


What is your definition of richest?
Diamond bank is sick my brother and the sickness is feasible.
If you must buy Diamond at this point, it should be on your knowledge of TA. Fundamentally the bank is a no no.

currentprice:
diamond bank disappoint the shareholder with the result no doubt,,,shareholder of today have no patience and the probabilities of punish this stock to under N1 is very high starting from 2morrow.

i expect those that have diamond in their portfolio to continuing defending but mkt will still do it thing

sellydion:


I am eager to learn and flexible to change. Please SHOW the feasible SICKNESS,

All I see is market sentiment ooo.

ukay2:
I dont know how person go take his hard earned money go buy diamond bank.....na de diamond u de buy or the bank..... better stock like dangote flour, dangote sugar, ucap, zenith, APR, FMN etc plenty to buy............................................after now u go come the regret like oga 333

nio68:


agreed but some of us no too sabi technical analysis .. I use fundamental to pick then the little technical analysis I know to determine my entry point... even though I get the tech part wrong, I have[b] the strong fundamental is my line of defence[/b]

tritritri:



I have become a case study ..I need all the insult ..let me burst ur brain..I sold UBA to buy OANDO..only to lose all my life savings.Stop warning people...they want to learn...

When i see people Insult peterichy i laugh becos am more stupid dan peterichy. ( i dont even knw if i was blind or Work of my villiage people )

Lesson Learnt hard way

holm:
http://www.nse.com.ng/Financial_NewsDocs/20224_FLOUR_MILLS_NIG._PLC._CORPORATE_ACTIONS_OCTOBER_2017.pdf

nazzyon:
.

Kevostica:

let the gurus in the house analyse this result for us