RabbiDoracle:


I don't have Dangsugar.

I only gave projections I think the price will hit based on their results.

I timed that stock then but it didn't get to the margin of safety zone based on the result then. I thought it I had bought, I will be paying a premium but I was wrong. When that earth shaking result showed, it took off.

I'm still in the market ooo but with smaller units of stocks here and there.

i forget to look id before the post. oracle don't buy stock with a price less than $1. he bought stock like seplat, nestle

RabbiDoracle:


The question is WHEN!!!

When the bull fire is gone out.

Yeah, the time of conclusion of the probe is really the question hence I too am not keen about acquiring a single unit for now.

However, if it survives SEC's probe and comes out really clean with its latest quarterly results found really genuine, I doubt it will need a general bull fire to break loose.
Only its outstanding 12bn units may be the opposing force to occasionally dampen its full scale return to above N200.

DeRuggedProf:


My remote suspicion as well, but I have borrowed out my liver and will wait for the FIRST PULLBACK after it is removed from detention......
For now, it is a NO NO NO for me, I can't swim in a swimming pool, not to talk of inside a lagoon....

NB: on my watchlist, never owned a unit of it b4..

Carry life jacket and hold Sam Loco leg

DeRuggedProf:



You don't even want to enjoy the free Diamond and Fidelity gifts?
I am always extra careful with FCMB.
Their MM can set brimestone on fingers before you call Jack....

fcmb circumstance is not far different from fbnh. moving forward we all expect better numbers especially now that crude oil price has improved much. people forget too soon questioning the rational behind fbn surge. they forgot that fbn was even a market leader back in the days. ahead or at par with gtb. I remember d days of Jacob odjekigbe it was a hot stock. and people look forward to their audited with euphoria. and mind u, when valuing a stock. it is not only d current book numbers that u value but also future expectations

Agbalowomeri:


Carry life jacket and hold Sam Loco leg

Sam Loco that you won't know when he will swim and leave you submerged in the lagoon. You will be holding on to his leg not knowing say na artificial leg you hold. (Remember his FCMB moves of last year. LOL)

mendes911:


Sam Loco that you won't know when he will swim and leave you submerged in the lagoon. You will be holding on to his leg not knowing say na artificial leg you hold. (Remember his FCMB moves of last year. LOL)

haaa.. oga agba this ur prices get as e be o!

Agbalowomeri:


Guaranty just opened new race lane for the banks sef: headed above 60
Zenith will move to the 40s
Access, Fbnh, Uba will move to the 20s
Diamond Fcmb Fidelity will move above 5 towards 10

Hold tight if you are still in the market

Parisfran:
I wonder why we can hold a losing stock for 4 years but a winning stock after 3 weeks will be doing us to sell.

I got my FCMB stock at the average cost of N 1.11 last year, when it made 100%, it took every fiber of my being for me not to sell it. We want to be value investors and read Benjamin Graham but to actually live the rules and methods is such a big challenge.

I'm an active reader of this thread and I don't comment much but I digest everything here. One of the most beautiful stories I have read here is about the guy that bought FO at N10 and sold at N200. There is no telling which stock will be my 2015 FO, but I don't even pretend to guess which of my 10 stocks will do that but I know that its only if I sit tight and follow my thought out system that I can possibly achieve that. I also know of a Company that got ACCESS bank shares for about N2 in 2006 and sold for N19 in 2007. We don't underestimate a Bear era in this forum (which is a good thing), lets not also underestimate a Bull era. The rules for both are different. If MMM could hold our attention as Nigerians for 1 yr before it finally ended, there is no telling when this mad bull of ours would end. It could be tomorrow and it could also be in 9 months.

I know the trading week might start tomorrow and throw all my analysis inside gutter, but I only live once

you took those words right out of my mouth ! ma'am.

Agbalowomeri:


EGX30 gained over 50% in 6weeks between October 20 20016 - January 12 2017 (Less than 2 months)

I guess that is more than a burst. It is expect at the repricing phase

yom2:
fcmb circumstance is not far different from fbnh. moving forward we all expect better numbers especially now that crude oil price has improved much. people forget too soon questioning the rational behind fbn surge. they forgot that fbn was even a market leader back in the days. ahead or at par with gtb. I remember d days of Jacob odjekigbe it was a hot stock. and people look forward to their audited with euphoria. and mind u, when valuing a stock. it is not only d current book numbers that u value but also future expectations

That was during the time of Jacob Ajekigbe ,. He is now the chairman. of Friesland wamco

emmanuelewumi:


That was during the time of Jacob Ajekigbe ,. He is now the chairman. of Friesland wamco

oga emmanuelewumi how can I grab copies of Friesland wamco? as it appears they are not listed, thanks in advance

Deadlytruth:


Yeah, the time of conclusion of the probe is really the question hence I too am not keen about acquiring a single unit for now.

However, if it survives SEC's probe and comes out really clean with its latest quarterly results found really genuine, I doubt it will need a general bull fire to break loose.
Only its outstanding 12bn units may be the opposing force to occasionally dampen its full scale return to above N200.

Oando needs to produce good results consistently before it can return to its glory days. However, I'll advise we lower our expectation of seeing this stock trade in the #100 or greater region.
What was the market capitalization of this stock before the company's misadventure? Do we really think Oando can have a market capitalization in Trillions (in the league of Dangcem and GTB) without a sound management and consistently good results?It's a long journey ahead for this company. The company needs to recover from it's aquisition of Conoco Philips'assets first, become profitable and pay down debts.

Disclaimer: The Market has its own mind and there might certainly be profit to be made from trading Oando. This is not a BUY or SELL recommendation.

Manonamission:


Oando needs to produce good results consistently before it can return to its glory days. However, I'll advise we lower our expectation of seeing this stock trade in the #100 or greater region.
What was the market capitalization of this stock before the company's misadventure? Do we really think Oando can have a market capitalization in Trillions (in the league of Dangcem and GTB) without a sound management and consistently good results?It's a long journey ahead for this company. The company needs to recover from it's aquisition of Conoco Philips'assets first, become profitable and pay down debts.

Disclaimer: The Market has its own mind and there might certainly be profit to be made from trading Oando. This is not a BUY or SELL recommendation.

Gbam!

CoP really sold a huge bait to them. They are now hung dry!

Then oil was above $120.

currentprice:


i forget to look id before the post. oracle don't buy stock with a price less than $1. he bought stock like seplat, nestle

With my minimum wage salary. Bros na NRC I dey work oo.

soloniger:
oga emmanuelewumi how can I grab copies of Friesland wamco? as it appears they are not listed, thanks in advance

First Registrars is the Registrars of the company. You can get the annual report from the company's website.

The company is the Nestle of NASD, if your stockbroker is registered on NASD he can assist you to buy. The price of the stock is between N140 and N160, I bought additional units for N155 last week.

The bull on NSE is affecting the following companies on NASD, Friesland wamco, Afriland properties and CSCS.

Check the annual report of CSCS, this is a company sitting on huge cash and highly liquid investments.

Update on CILEASING share reconstruction.
When Fidelity bank board will met to discuss audited financial statements and Dividend.
Transcorp board meeting

From now Jan to may, I. Want to buy the following stocks in order
1. Oando based on speculation while wanting for audit
2. CILEASING based on higher Dividend
3.Fidelity based on Dividend and bull run
4.Transcorp based on bull run and increased power generation and NBET increased payment to Gencos.
5.Npf mcrbank based on Dividend and bull run.

I already have shares in All the. Firms only topping up
Advice needed

emmanuelewumi:
Check the annual report of CSCS, this is a company sitting on huge cash and highly liquid investments.

They should have a falling revenue because of stockbrokers migration to the online platform. Now people will not renew their subscription anymore because they can view their portfolio from their broker's online account. Hence there should be fall in their revenue from when the online access for stock started.

This year, revenue will grow because of the increased participation of people and the frequency of trading.

RabbiDoracle:


They should have a falling revenue because of stockbrokers migration to the online platform. Now people will not renew their subscription anymore because they can view their portfolio from their broker's online account. Hence there should be fall in their revenue from when the online access for stock started.

This year, revenue will grow because of the increased participation of people and the frequency of trading.

From a revenue of N6.1 billion. Investment income generated over N3 billion. Transaction income was over N2 billion

Income from cscs online is negligible just N32 Million

emmanuelewumi:



From a revenue of N6.1 billion. Investment income generated over N3 billion. Transaction income was over N2 billion

Income from cscs online is negligible just N32 Million

The company has over N17 billion in FG bond, state bonds and corporate bonds.

N5 billion in Treasury Bills, N800 million in cash , unfortunately the company didn't invest in stocks in 2016.
Looking forward to what 2017 result will look like.

Note this is a company with just 106 workers.

emmanuelewumi:



The company has over N17 billion in FG bond, state bonds and corporate bonds.

N5 billion in Treasury Bills, N800 million in cash , unfortunately the company didn't invest in stocks in 2016.
Looking forward to what 2017 result will look like.

Note this is a company with just 106 workers.

Oga Emma, i know this might be a tough call: Can FBN justify it if it gets to N25?? If yes, why?

emmanuelewumi:



The company has over N17 billion in FG bond, state bonds and corporate bonds.

N5 billion in Treasury Bills, N800 million in cash , unfortunately the company didn't invest in stocks in 2016.
Looking forward to what 2017 result will look like.

Note this is a company with just 106 workers.

Oga Emma, i know this might be a tough call: Can FBN justify it if it gets to N25?? If yes, why? Because i am thinking of picking some tasere units tomorrow.

emmanuelewumi:



The company has over N17 billion in FG bond, state bonds and corporate bonds.

N5 billion in Treasury Bills, N800 million in cash , unfortunately the company didn't invest in stocks in 2016.
Looking forward to what 2017 result will look like.

Note this is a company with just 106 workers.

This is where UCAP and Afriprud may hammer this 2017 results. Both have stock investments

Please what is the difference between NSE & NASD? How can I access all stocks listed under NASD?

shigidi:


This is where UCAP and Afriprud may hammer this 2017 results. Both have stock investments

I quoted figures from 2016 report, cscs must have invested in stocks in 2017.

No be cscs get the market? They have the data of where the money is going.

emmanuelewumi:



The company has over N17 billion in FG bond, state bonds and corporate bonds.

N5 billion in Treasury Bills, N800 million in cash , unfortunately the company didn't invest in stocks in 2016.
Looking forward to what 2017 result will look like.

Note this is a company with just 106 workers.

Oga Emma, i know this might be a tough call: Can FBN justify it if it gets to N25?? If yes, why? Because i am thinking of picking some tasere units tomorrow.

Investnow2017:


Oga Emma, i know this might be a tough call: Can FBN justify it if it gets to N25?? If yes, why? Because i am thinking of picking some tasere units tomorrow.

Anything can happen in the market, but if nothing happens what will you do.

Investnow2017:


Oga Emma, i know this might be a tough call: Can FBN justify it if it gets to N25?? If yes, why?

I think N20 is achievable.

jinnyz:
Please what is the difference between NSE & NASD? How can I access all stocks listed under NASD?

Google NASD, the marker of Indomie is on NASD but I think the company is expensive at N9 and I have my reservations for public companies owned and managed by Indians.

I apologise for my biased and maybe xenophobic opinion

emmanuelewumi:


I think N20 is achievable.

Thank you sir. Appreciated. Sadly i dont seem to look forward to a robust dividend from fbnh. Might i be right in my lowered expectations?

Pls ogas in the house, which stocks does vetiva called 10 High Conviction Stocks” for 2018