Jesus is the answer to every question
of life. Stop saying ,'you have
problems" you can't have Jesus and
have problems at the same time.
Whatsover you say you have is what
you get.. YOU DON'T HAVE PROBLEMS . Good morning Nigerian's in flour mill is two days to go, livestock feeds calling now

dipoolowoo:
American Equity Firm Milost Global to Acquire “Large Nigerian Bank”
https://www.businesspost.ng/2018/02/19/american-equity-firm-milost-global-acquire-large-nigerian-bank/

Na which bank dis pple want buy sef? Abi na skye?

Mpeace:
Na which bank dis pple want buy sef.

Maybe Skye

wanaj0:


Habba! They are both trading sideways!

Ok ooo.

Mpeace:
Na which bank dis pple want buy sef? Abi na skye?

Ooni of Ife's brother hosted them.

It should be that ethnic-related bank. My thinking o.

Question of the day:

Why is it that, despite its yoy and qoq inconsistency as per results, LIVESTOCK has not only remained liquid but even appreciates sometimes with percentages fair enough put a smile to the bank on jijoists' faces.

Our gurus here need to weigh in on this.
Cc: Wanajo1, Current Price, Emmanuelewunmi, Bullbear, Agbalowomeri, Ihedi, RabiDoracle, fxuser, Obagaddafi, Yayira, Investnow 2017, Parisfran, Onegentleguy, Coolcash, Locodemy, Godlyguy, Tritritri, etc.

[quote author=RabbiDoracle post=65215352]

Ooni of Ife's brother hosted them.

It should be that ethnic-related bank. My thinking o.[/quote

I suspect it is Skye bank. Ooni of Ife's brother is in-charge of PrimeWater Estate. They have big properties on Lagos Island.

These companies lending Japaul money .. are they seeing a value we are not seeing ??

nio68:
These companies lending Japaul money .. are they seeing a value we are not seeing ??

Bewere, it is the same people .

nio68:
These companies lending Japaul money .. are they seeing a value we are not seeing ??

Beware of fake news o. Have they they received the money?

Mpeace:
Na which bank dis pple want buy sef? Abi na skye?

Is Skye “Large Nigerian Bank?” The report further says

"Business Post reliably gathered that the Milost has interest in the “large Nigerian bank”, which has over 250 branch operations, with a purpose of acquiring full control".

Princkez:
my brother you on point....people fail to understand this.FBNH has been complying with this rule before CBN made it public.

This policy is not new to FBNH.

kolaish:
Is Skye “Large Nigerian Bank?” The report further says

"Business Post reliably gathered that the Milost has interest in the “large Nigerian bank”, which has over 250 branch operations, with a purpose of acquiring full control".

All na monkey hunting news. Let them take over first and we see impact of take over in results

Agbalowomeri:
All na monkey hunting news. Let them take over first and we see impact of take over in results

It will be great to know the exact bank, so we can take informed position.

Dear Client/Reader,
 
Global Economy - Movements in global equities markets were broadly bullish, with performance influenced by investors shrugging off concerns about interest rate rises and focusing on the synchronized expansion in global economic growth, macroeconomic data, uptick in oil prices on the back of a weaker US dollar amid volatilities in currencies.
 
In the U.S., Trading activities largely reflected investors’ reaction to (1) Corporate earnings (2) Inflation data which stood at 2.1% y/y in January, same as in Dec. 2017, but higher than polled forecast of 1.9%. Overall, the DJIA and S&P appreciated by 4.25% W-o-W and 4.30% W-o-W to close at 25,219.38 pts and 2,732.22 pts respectively.
 
Equities Market- The equities market closed bearish for the second consecutive week, as investors’ appetite for stocks remained weak. The NSE ASI depreciated by 1.13% w/w as it closed at 42,638.83 points, equating to MtD and YtD returns of -3.84% and 11.49% respectively.
 
The current low valuations of stocks still provide good buying opportunities in the market. Some of our recommended stocks are mentioned below;
 
FIDELITY- Fidelity 9M-2017 result showed that gross earnings improved by 18% y/y to N130 billion primarily driven by an increase  of 21% in interest income and a strong growth of 99% in non-interest income to N5.9 billion from N2.9 billion in 9M’2016. PBT also improved significantly by 65% y/y from N9 billion in 9M’16 to N16 billion. EPS also grew to N0.67 from N0.40 in 9M’16. Fidelity bank has a good dividend payout ratio as FY’16 dividend payout ratio stood at 41%: FY’16 DPS-N0.14, FY’16 EPS- N0.34. We forecast FY’2017 DPS of N0.25 and EPS of N0.60 which translates to a dividend yield of 8% (far ahead of the average dividend yield of 4.68% for banking stocks) based on its current price of N3.20 (16/02/2018). It has a P/BV multiple of 0.50x compared to 1.24x for banking stocks. With a target price of N4.87, we place a “BUY” recommendation.
 
OKOMUOIL- Okomu Oil maintained its strong earnings momentum as it recorded a revenue growth of 52% y/y from N10 bn in 9M’16 to N16 bn in 9M’17 on the back of the strong consumer demand as growth in local sales improved by 52% y/y. PBT and PAT improved by 79% y/y and 53%y/y respectively. The stronger than expected PAT of N6.4 bn compared to N4.1 bn in 9M’2016 was spurred by the strong top line strong of 52% y/y and the decline of 76% y/y in net finance cost. EPS also grew by 53% y/y from N4.38 to N6.70. In 2018, we expect that the company will continue to benefit from the FX policy of CBN which has hindered palm oil importers from accessing the official FX market. With a target price of N87.99, We place a “BUY” recommendation.
 
Please find attached our Stock Recommendation for this week, ending 23rd February, 2018.
 
Thank you.






MBC Financial Services is an integrated  group offering Securities trading (MBC Securities Limited), Foreign Exchange (BDC), Investment Banking & Advisory Services (MBC Capital Limited), & Insurance Brokerage services(MBC Insurance Brokers Limited).

Baba Ijebu is the one looking at Skye.[quote author=PharmAlfred post=65217106][/quote]

rebekah2011:
Baba Ijebu is the one looking at Skye.

...U should've been a comedian my dear.

Agbalowomeri:
Beware of fake news o. Have they they received the money?

Perfect!
Majority holders do not feast on the same table with retail investors....
Patience is not only expressed in buying and holding, but waiting to filter out certain very risky uncertainties.

dipoolowoo:
American Equity Firm Milost Global to Acquire “Large Nigerian Bank”
https://www.businesspost.ng/2018/02/19/american-equity-firm-milost-global-acquire-large-nigerian-bank/

Mpeace:
Na which bank dis pple want buy sef? Abi na skye?

You may not be wrong. After all, yours truly have alerted the house on this before (please see below)...Anyway, I have a strong feeling that its Skye bank because currently its branch network is over 300...

Coolcash1:
There is something definitely cooking in Skye bank which is yet to be known....Despite the 8 days bear it refused to go back to car park (@50K)....Or how do one explain a stock without financial results for 2 years and negative CAR to still be among the top gainers in the market. Though, intel has it that a billionaire in SW wants to acquire the dying bank.

#observationmodeActivated

Abeg no be buy or sell recommendation...

Tnks. I even thought it was their FY result.

phemmie06:

http://www.nse.com.ng/Financial_NewsDocs/20091_LIVESTOCK_FEEDS_-9MONTHS_SEPT_2017_FINANCIAL_STATEMENTS_OCTOBER_2017.pdf

SkyeBank will still sell at it's usual kobo table... That bank is simply a JIJO stock for now... Newbies stay far from THE SKYE until you see clarity in it

THE BIG SMART GUY

FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

godlyguy:
SkyeBank will still sell at it's usual kobo table... That bank is simply a JIJO stock for now... Newbies stay far from THE SKYE until you see clarity in it

THE BIG SMART GUY

I totally agree that newbies should stay away from it....However, let's continue to keep our eyes on the volume. Though it will be good if it drops to value zone for son of man to enter....#followtheMoney

fxuser:
FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

Waiting for it at our entry junction....

fxuser:
FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

over 20m traded already
a very sweet spot

fxuser:
FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

fxuser:
FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

This might do FULL BID today.

mendes911:


This might do FULL BID today.

Maybe ..watching

mendes911:


This might do FULL BID today.

below that N11 is decent entry area, close to a support
but awon mkt commanders hv gathered there
and even moped their own early lolx

fxuser:
FBN
- pre mkt down -9.40%
- kilode !
- dis dividend matter na wa lolx

What low do you think it would get to with this dividend news. I really need this stock in large quantity. I want it for the future it holds. I strongly believe it will trade in the GTB region in less that 2yrs.