Agbalowomeri:


Na shakara. It will return to base on Friday. It is a medium term play

SHAKARA OLO OJE O,How fela talk am self.

DOLLARTEX:
Dont doubt the oracle.can flourmill do another 10% morrow?closed on full bid,i dont know where the bus stop is again!

Technically, it has about N2 more to get to recent resistance so yes, it can do 10% tomorrow.

Agbalowomeri:


Na shakara. It will return to base on Friday. It is a medium term play

This is my thought. With this good results, it will get as high as N50. Between N45 to N50.

I was discussing with someone the same with someone and never knew that oga CP has posted the fair price.

For 5 straight trading days, if it does close 10%, it will hover around N50.

Kashif:


Technically, it has about N2 more to get to recent resistance so yes, it can do 10% tomorrow.

THANKS

currentprice:


N45 according to my bedsheet

Boss when arriving at your estimates of fair price do you use current quarter eps or ttm (trailing twelve month) eps?

#learningmode

Yes Sir. But it is just a matter of time before management runs after one yeye project again.

RabbiDoracle:


Buy-back is for companies that have large volumes of free cash. This company isn't that. Exchange rate instability affected them and so they are paying off the debts but with cash from their operations.

Shareholders exchanging cash for dividend is a good initiative because it helps the shareholders, sometimes, get the shares at a discounted rate stated by management. It also helps the company maintain a good cash reserve that would otherwise been given out as dividends.

Ugerrit?

currentprice:


N45 according to my bedsheet

Maybe we go try meet make we compare models.

currentprice:


N45 according to my bedsheet

RabbiDoracle:


This is my thought. With this good results, it will get as high as N50. Between N45 to N50.

I was discussing with someone the same with someone and never knew that oga CP has posted the fair price.

For 5 straight trading days, if it does close 10%, it will hover around N50.

Monkey hunters



cc Agba

Zhirinovsky:
Yea that's what I'm asking how to go about it. Shebi I don't have to leave 2 separate funds in the 2 account.cos I don't have money to fund the new account separately. Please how can I do it?

Hmmm... this is not a bad idea. Actually it is a brilliant idea!

We can call it the Stock Market Single Account System (SMSAS or just SAS for short)

Investors deposit their monies with CSCS.

Sign up with any number of brokers they like and trade under their house.

And if there is some problem with the broker’s platform, you simply log off and logon to another broker you are already registered with and trade continues because your funds are in a single account controlled by CSCS

This will drive competition amongst brokers (since they will like investors to execute under their house for commissions) and provide security for investors funds.

RabbiDoracle:


This is my thought. With this good results, it will get as high as N50. Between N45 to N50.

I was discussing with someone the same with someone and never knew that oga CP has posted the fair price.

For 5 straight trading days, if it does close 10%, it will hover around N50.

Brother is #75 or #100

sky2891:
FXUSER, LOCO, RDO:
Please, can you help review Transcorp?

Ok na we wait

RabbiDoracle:


Monkey hunters



cc Agba

CP and Oracle, Flour Mills Monkey Hunters Inc... and you guys are expecting Sir Agba to support una? When he was projecting N5.00 for his precious diamonds, how much support did you guys give him?

Mtcheww.

#RunsAway..

RabbiDoracle:


This is my thought. With this good results, it will get as high as N50. Between N45 to N50.

I was discussing with someone the same with someone and never knew that oga CP has posted the fair price.

For 5 straight trading days, if it does close 10%, it will hover around N50.

It will bounce off the resistance at 36. It will get to 70 but not ready yet

mendes911:


CP and Oracle, Flour Mills Monkey Hunters Inc... and you guys are expecting Sir Agba to support una? When he was projecting N5.00 for his precious diamonds, how much support did you guys give him?

Mtcheww.

#RunsAway..

You sef know say I lay mattress for both

sky2891:
FXUSER, LOCO, RDO:
Please, can you help review Transcorp?

Which numbers will they use to review this one? Just use your guts or throw a dice? Which ever number you hit on the dice will give you the perfect price rounded-up in naira (i.e. 1, 2, 0, 4, etc).

Meanwhile, my senior brother Sam Loco said their FY result will be spectacular. Very spectacular.

Agbalowomeri:


It will bounce off the resistance at 36. It will get to 70 but not ready yet

I thought as much. ₦36.00.... peeps were selling their rights today at ₦6. I guess they reviewed the price to ₦36.

mendes911:


Which numbers will they use to review this one? Just use your guts or throw a dice? Which ever number you hit on the dice will give you the perfect price rounded-up in naira (i.e. 1, 2, 0, 4, etc).

Meanwhile, my senior brother Sam Loco said their FY result will be spectacular. Very spectacular.

Any ideas about the time frame of Transcorp results?

mendes911:


I thought as much. ₦36.00.... peeps were selling their rights today at ₦6. I guess they reviewed the price to ₦36.

Good business o. I am tempted

Chart is confirming 70- 90 for those that can wait. I enjoy the 10% upswing today making my portfolio looking sweet.

Agbalowomeri:


It will bounce off the resistance at 36. It will get to 70 but not ready yet

mendes911:


I thought as much. ₦36.00.... peeps were selling their rights today at ₦6. I guess they reviewed the price to ₦36.

This right,can one trade on the additional units got rightaway or he has to wait for d closing date of d right itself.

DOLLARTEX:
This right,can one trade on the additional units got rightaway or he has to wait for d closing date of d right itself.

You will have to wait until it's listed.

DOLLARTEX:
This right,can one trade on the additional units got rightaway or he has to wait for d closing date of d right itself.

Person must put mind for July o

Agbalowomeri:


Person must put mind for July o

July far o. Still okay for long time thing. Agba, can someone get up to 50k right?

E bi like say e go tight?

sellydion:


July far o. Still okay for long time thing. Agba, can someone get up to 50k right?

E bi like say e go tight?

From the floor? the brokers will know the answer

Thanks I will ask them.

Agbalowomeri:


From the floor? the brokers will know the answer

Agbalowomeri:


From the floor? the brokers will know the answer

RabbiDoracle:


This is my thought. With this good results, it will get as high as N50. Between N45 to N50.

I was discussing with someone the same with someone and never knew that oga CP has posted the fair price.

For 5 straight trading days, if it does close 10%, it will hover around N50.

They will not move to that price now, but gradually, they still have enough time. Main while, people will look the way of companies that will pay dividend between now April, then after that Flour mill will receive visitors for expectation of August dividend.

If Flour mill that paid #1 last year as dividend and may still repeat the same paymemt this year, should move to #50, then Zenith that paid about #2 last year, and might likely repeat same #2 between now and April, they should be selling at #70 by now.

Their last year result and dividend came around August.

https://nairametrics.com/list-of-dividends-announced-so-far-in-2017-updated-october-27-2017/

Flour Mills Of Nigeria Plc (DPS) 100 Kobo ( date announced) August 2nd 2017 (bonus) Nil (closure of register) 7th August – (AGM) 11thAugust 2017 (payment date) 6th September 2017


Remember, as price rises PE change.
As of today, as FM price rises 3 other good stocks that pay dividend before it has lower PE. And Zenith has equivalent.

As of today price
1.Zenith 7.54 PE. (Q3 EPS 4.11). result/dividend expectation February
2. Flour Mill 7.45 PE (Q3 EPS 4.56) result/dividend expectation August
3. Fidelity bk 5.23 PE (Q3 EPS .70). result/dividend expectation April
4. ACCESS bk 6.68 PE (Q3 EPS 1.94). result/dividend expectation March
5. Eterna oil 3.84 PE (Q3 EPS 1.55). result/dividend expectation June

currentprice:


the guy just day confused as he learnt that one can maintain same CSCS account for two different brokers. so he related it to maintaining two different broker for one money

An investor can have a (one) Clearing House Number (CHS NO) for ten CSCS accounts in ten different stockbroking firms...applicable/practiced in the banking sector now.

It helps CSCS who acts as the clearing house of the capital market (Stock exchange )recognise the accounts as belonging to an individual investor.

Exactly! and security is another key. Some stockbrokers look like something that can fold up anytime.

salanda:


Hmmm... this is not a bad idea. Actually it is a brilliant idea!

We can call it the Stock Market Single Account System (SMSAS or just SAS for short)

Investors deposit their monies with CSCS.

Sign up with any number of brokers they like and trade under their house.

And if there is some problem with the broker’s platform, you simply log off and logon to another broker you are already registered with and trade continues because your funds are in a single account controlled by CSCS

This will drive competition amongst brokers (since they will like investors to execute under their house for commissions) and provide security for investors funds.

mendes911:


CP and Oracle, Flour Mills Monkey Hunters Inc... and you guys are expecting Sir Agba to support una? When he was projecting N5.00 for his precious diamonds, how much support did you guys give him?

Mtcheww.

#RunsAway..

He is still hanging on till Ojota.

I didn't hear Yayira speak today. Hope she is ok?

Agbalowomeri:


It will bounce off the resistance at 36. It will get to 70 but not ready yet

It will get to One naira twenty kobo

RabbiDoracle:


It will get to One naira twenty kobo

Agbaya

Experts in the house, please is Unity Bank a good buy at current price