abeg weytin the red box stmt mean o, does it mean buyer on monday will not qualify for the right but seller on monday will still qualify
since qualification date is yesterday friday

ihedioramma:
What do you have to say about live stock feeds ?

my pastor....except u are ready to hold for a long term, though things can change by next report sha

currentprice:


my pastor....except u are ready to hold for a long term, though things can change by next report sha

Though things like ? did UAC buy them?

ihedioramma:
Though things like ? did UAC buy them?

look so and i think d stock enjoy good ride to over N7 when the news came out then

OBAGADAFFI:
Flour Mills of Nigeria Plc - Proposed Rights Issue

Dealing Members are hereby notified that Flour Mills of Nigeria Plc has through its Stockbrokers; Stanbic IBTC Stockbrokers Limited submitted an application to The Nigerian Stock Exchange for approval and listing of a Rights Issue of 1,476,142,418 ordinary shares of 50 Kobo each at N27.00 kobo per share on the basis of 9 new ordinary share for every 16 ordinary shares held. The Qualification Date for the Rights Issue is today, Friday, 08 December 2017.

Currentprice what did you understand about this rights issue (old and new investor's )?

currentprice:


look so and i think d stock enjoy good ride to over N7 when the news came out then

What am asking true or not ? .

ihedioramma:
Currentprice what did you understand about this rights issue (old and new investor's )?

no idea pastor, i hav ask the same question above on this page. check up.

pa emma, Agba & co is coming to guide us

currentprice:


no idea pastor, i hav ask the same question above on this page. check up.

pa emma, Agba & co is coming to guide us

Your face is telling me you have the stock . So now what do you think that can happen to the stock price now and after ?

ihedioramma:
Your face is telling me you have the stock . So now what do you think that can happen to the stock price now and after ?

brov, i don't have the stock in my portfolio, but it a good stock to have at a right price

currentprice:


brov, i don't have the stock in my portfolio, but it a good stock to have at a right price

And what is the right price ? . I think this there rights they gave out 9new shares free for 16 yesterday to there(me) shareholders ? .

maslong:
House please, can any body help me with link for dividend declaration of fidelity bank for the past 12 years ?. Help a brother please.

sellydion currentprice Agbalowomeri OBAGADAFFI

pluto09 bigjay01 emmanuelewumi

ETC. PLEASE HELP.

please help.

OBAGADAFFI:
Flour Mills of Nigeria Plc - Proposed Rights Issue

Dealing Members are hereby notified that Flour Mills of Nigeria Plc has through its Stockbrokers; Stanbic IBTC Stockbrokers Limited submitted an application to The Nigerian Stock Exchange for approval and listing of a Rights Issue of 1,476,142,418 ordinary shares of 50 Kobo each at N27.00 kobo per share on the basis of 9 new ordinary share for every 16 ordinary shares held. The Qualification Date for the Rights Issue is today, Friday, 08 December 2017.

Please we don't understand this 9 and 16 ?

ihedioramma:
Please we don't understand this 9 and 16 ?

I think you are qualified to have right of 9units at every 16 held as at 8dec.,2017.

ihedioramma:
Please we don't understand this 9 and 16 ?

pastor multiply your unit owns by 9 divide it by 16 to know your right

ihedioramma:
Please we don't understand this 9 and 16 ?

I think this is the basis for allotment. Let's say I have 1000 units, it will be 1000 ÷ 16=62.5, 62.5×9=562.5...so I will be allotted 562units to buy.

currentprice:

pastor multiply your unit owns by 9 divide it by 16 to know your right

So that is what i will buy more ?

ihedioramma:
So that is what i will buy more ?

yes, that is your right unit at N27 rightprice

maslong:
House please, can any body help me with link for dividend declaration of fidelity bank for the past 12 years ?. Help a brother please.

sellydion currentprice Agbalowomeri OBAGADAFFI

pluto09 bigjay01 emmanuelewumi

ETC. PLEASE HELP.

maslong:


please help.

brov, i don't have link but i got below from cscs and nse. you can check it there

.

currentprice:




brov, i don't have link but i got below from cscs and nse. you can check it there

Is fidelity still a good buy with the current market price? What is the best entry price? Pls help a brother

veecovee:
you are right but it seems afriprud wouldn't move up till dividend, looking at their current EPs, I doubt if they can pay more than their usual 35k and with rate the market is moving now. February maybe bearish and Afriprud is already selling at their yearly highest price (N2-N4) while Mobil is selling at more than 100% below their yearly highest price (385-150). I believe that the bear can hit afriprud more than Mobil if it show face ... What do you think?

Please, apart from now that afriprud has crossed #4, which year was the last year that it got to #4? Did it get to the price last year, or 2015, 2014 or 2013?
I haven't been able to get a yearly price chart yet. I need the information because I don't want to be stocked in one point indefinitely.
Thank you.

don't play with uncle Tony, he can surprise shareholder with bonus in addition to d dividend. Afripud outstanding is just 2b
In my own opinion Q3 fair price is N6.8 by d time Q4 numbers factor in to d valuation. It will increase fairvprice except they report loss which is not likely
Having dis stock below N4 is not bad, it left for the mkt to reprice the stock

at a point DF get stuck within N3 price for so long that many buyer frustrated and left. What is is price today

Patient, patient and patient is d name of the game when you hold a good stock with sound fundamental

In my opinion if a stock is not moving as expected. Is not because it a bad stock but it because there is s till best choice in the mkt. By the time the mkt milk dry d best choice they will remember the next best

Toluway:

Please, apart from now that afriprud has crossed #4, which year was the last year that it got to #4? Did it get to the price last year, or 2015, 2014 or 2013?
I haven't been able to get a yearly price chart yet. I need the information because I don't want to be stocked in one point indefinitely.
Thank you.

afriprud was list 2013 and has never hit this price for the first time. One issue I have about Mobil is this new management they have now, if they are not stingy, and give us bonus then Mobil will hit 400 but if they are, well, I don't mind selling around 200. I dont think mobil can get as low as FO, cause their OS is only 300 milln. Let's wait and see their dividend, who knows, maybe with bonus

currentprice:
don't play with uncle Tony, he can surprise shareholder with bonus in addition to d dividend. Afripud outstanding is just 2b
In my own opinion Q3 fair price is N6.8 by d time Q4 numbers factor in to d valuation. It will increase fairvprice except they report loss which is not likely
Having dis stock below N4 is not bad, it left for the mkt to reprice the stock

at a point DF get stuck within N3 price for so long that many buyer frustrated and left. What is is price today

Patient, patient and patient is d name of the game when you hold a good stock with sound fundamental

That's where the problem is, ability to hold on.

currentprice:




brov, i don't have link but i got below from cscs and nse. you can check it there

Thank you my brother

[e author=jamace post=63119973]Unu well done o.
Very Bullish thread.
[/quote] Hmmmm.

Please I need advice on fidelity bank, is it a good buy with the current market price.

currentprice:




brov, i don't have link but i got below from cscs and nse. you can check it there

https://www.fidelitybank.ng/investor-relations-3/

See the dividend history from the bank's website. See link.

veecovee:
afriprud was list 2013 and has never hit this price for the first time. One issue I have about Mobil is this new management they have now, if they are not stingy, and give us bonus then Mobil will hit 400 but if they are, well, I don't mind selling around 200. I dont think mobil can get as low as FO, cause their OS is only 300 milln. Let's wait and see their dividend, who knows, maybe with bonus

Why do you want bonus??

It is the same thing. Giving you bonus is like breaking a biscuit into two and giving you 2 halves

PE as at that time of the split remains the same as when there is no bonus.

When DS gets to N25, it will branch somewhere and eat nkwobi and drink small stout. After spending time there, it will begin the next journey.

pluto09:



You can learn one or two things from Fxuser and Bullbearmkt.
Despite the fact that I am not yet fully convinced about TA, I must confess that those guys understand their games. They are doing a fantastic job.
Some of their projections have been very accurate but you will not see them coming on the forum to post about the same stock over and over again in a chest beating manner of I told you guys.

TA uses past performance to judge the future price movements. If the market is filled with FA, that means the price will be stuck at a point without moving.

The TA guys are the light of any market. Dem dey bring light for any stock they touch. Buy, sell, buy, sell ....etc then the herd will move in.

FA go just dey one corner dey look after taking positions.

Nice work from FX and BBM.