IchimokuPilot:


After offloading over 1B units of Access on Friday without anyone complaining, you proceeded to FBNH, we complained, then you still went ahead to punish Zenith later.....
Tomorrow for GTB or UBA?
We are watching you....

No not me Sir. ...it must be 'the dumping effect from Sir PETERICHYS many dump truck'.
...or maybe the cash exchange process from Sir COOLCASH.
Am also suspecting the likely 'insider impact from Sir AGBA'.
...It's also possible that the said monies 'may have come from a one off act from Sir RABBIDORACLES mattress.

#NOTMESIR
#ASKTHEM

kolaish:
300% gain will mean that the price gets to140k before I sell. I have nothing to lose because I know the lowest the price can go down is 70k before it will rebound again.

On a serious note, I mean it. The N105,000 I used in buying it is a fraction and nothing compare to what I lost in fidelity two weeks ago, I bought 1.8m units of fidelity at average price of 2.32 and sold at 2.99.

1. 300% of 35k is ₦1.40!

2. You average price of Fidelity is ₦2.32 and you sold at ₦2.99 and still made a loss!

This reminds me of Peterichy and his average prices for Oando. That was years back on SMN.

Sir, the fair value of Zenith

emmanuelewumi:


Fair value of GTBank is about N41.00

mendes911:


1. 300% of 35k is ₦1.40!

2. You average price of Fidelity is ₦2.32 and you sold at ₦2.99 and still made a loss!

This reminds me of Peterichy and his average prices for Oando. That was years back on SMN.

Please, never compare me with peterichy. The above is a typographical error, which I have corrected just some minutes ago after I finished answering phone calls. I bought at 3.32 not 2.32 and 300% gain of 35k mean that the price gets to 140k before I sell. I have nothing to gain or lose by lying here, go and check my post, there is nothing to hide in this forum. When circumstance demand, I normally reveal figures of my transactions. I use morgan, if you want, I can snap the details of the transactions and post it here.

Try and understand that one may be typing and answering phone conversation at the same time, hence, the error.

2zona:
Zenith bank result is fantastic but this market does not give a damn thing about any result with dividend yield lower than 10%, hence their was little or no reaction to Zenith result in terms of share price appreciation. I feel most other stocks will follow the same trend. In fact I feel if market did not react to zeniths good result, then most other stocks will be on full offer upon release of their result cos of low dividend yield.
INFERENCE: Don't take position ahead of release of result instead hold your cash and buy after release of result. I may be wrong anyways....

Looks like the government not releasing any funds owed to contractors/workers not being paid as at when due/minimum wage not enough/foreign reserve locked up tight/politicians in sh**....add that to everyone keeping their funds inside pillow case.....who will bell the cat?
#Just-thinking-aloud
#so-we-wait

kolaish:
Please, never compare me with peterichy. The above is a typographical error, which I have corrected just some minutes ago after I finished answering phone calls. I bought at 3.32 not 2.32 and 300% gain of 35k mean that the price gets to 140k before I sell. I have nothing to gain or lose by lying here, go and check my post, there is nothing to hide in this forum. When circumstance demand, I normally reveal figures of my transactions. I use morgan, if you want, I can snap the details of the transactions and post it here.

Try and understand that you one may be typing and answering phone conversation at the same time, hence, the error.

Don't allow anybody distract you. Stick to your plan.

quote author=rebekah2011 post=65777334]Sir, the fair value of Zenith[/quote]



Fair value of GTBank N41.00 , Zenith N43

emmanuelewumi:

quote author=rebekah2011 post=65777334]Sir, the fair value of Zenith



Fair value of GTBank N41.00 , Zenith N43

what is your take on Livestock feeds? A buy or not. Kindly advise

Thank you Sir. Zenith now ranked higher than GTB.

emmanuelewumi:

quote author=rebekah2011 post=65777334]Sir, the fair value of Zenith



Fair value of GTBank N41.00 , Zenith N43

The figures for Livestock are still not adding up. OLAM is really distorting the market.

DUNKA:
what is your take on Livestock feeds? A buy or not. Kindly advise

2zona:
Zenith bank result is fantastic but this market does not give a damn thing about any result with dividend yield lower than 10%, hence their was little or no reaction to Zenith result in terms of share price appreciation. I feel most other stocks will follow the same trend. In fact I feel if market did not react to zeniths good result, then most other stocks will be on full offer upon release of their result cos of low dividend yield.
INFERENCE: Don't take position ahead of release of result instead hold your cash and buy after release of result. I may be wrong anyways....

How many companies in the history of NSE or any market for that matter deliver over 10% dividend yield? I think we need to mix our expectation with some dose of reality! 10% dividend yield is an abnormality!

None of the results released (except for SEPLAT) can be said to be above market expectation. That's why you are not seeing much reaction from the market because the outcome is already reflected in current prices.

emmanuelewumi:


Fair value of GTBank is about N41.00

I will prefer to add 5% premium to the yield of 10years bond before using the figure to discount the EPS to get my fair value.
The 5% premium is to cover for the risk of investing in stock as against risk free investment like FGN bond.
The premium I used in my calculation is based on the risk nature of the stock in question. It can be more than 5%.

My approach.

rebekah2011:
Thank you Sir. Zenith now ranked higher than GTB.

Except GTB takes a huge haircut, GTB will trade at a higher PE than Zenith.

emmanuelewumi:

quote author=rebekah2011 post=65777334]Sir, the fair value of Zenith



Fair value of GTBank N41.00 , Zenith N43

rebekah2011:
Thank you Sir. Zenith now ranked higher than GTB.

GTBANKs Fair Price will most likely push up above that ZENITH after the release of its YE result.
But just like last Yr end, I do not think it can pay out up to what Mr ZENITH just declared as dividend.
Last yr, ZENITH paid out a cumulative N2.02 dividend (interim + final) as against the slightly lower N2 total pay out from Mr GTB.
However one of these 2 men is, and will most likely remain a better coperate gov entity than the other. ...and if u ask me, I'd say Mr GTB.
For that man is of the category of class and honor within the banking sector. ...at least in the minds and soul of a majority of key players in that zone.
...and that's why u will always have a faster and better reflection in its share price.
Things might change in future though. ...but for now, the present is just what it is !!

Access bank result still not out. A bank that used to be first ti release results. Hmmm... is something wrong somewhere?

Im back.

Did the market close green?

wanaj0:


How many companies in the history of NSE or any market for that matter deliver over 10% dividend yield? I think we need to mix our expectation with some dose of reality! 10% dividend yield is an abnormality!

None of the results released (except for SEPLAT) can be said to be above market expectation. That's why you are not seeing much reaction from the market because the outcome is already reflected in current prices.

You said it all sir.

Everything has been priced in. Now people are selling on others.

wanaj0:


Except GTB takes a huge haircut, GTB will trade at a higher PE than Zenith.

Ponk or gorimapa?

Bianco1:


Looks like the government not releasing any funds owed to contractors/workers not being paid as at when due/minimum wage not enough/foreign reserve locked up tight/politicians in sh**....add that to everyone keeping their funds inside pillow case.....who will bell the cat?
#Just-thinking-aloud
#so-we-wait

Cc Agba (your pillow oo)

wanaj0:


How many companies in the history of NSE or any market for that matter deliver over 10% dividend yield? I think we need to mix our expectation with some dose of reality! 10% dividend yield is an abnormality!

None of the results released (except for SEPLAT) can be said to be above market expectation. That's why you are not seeing much reaction from the market because the outcome is already reflected in current prices.

I think that the market is still trying to digest zenith result and in a matter of days, we will see the effect of the positive dividend declared by zenith.

This type of result will never go unnoticed positively.
Disclosure: Yours truly bought today @ 31.50

Nairaruky:


The bank is diamond bank
QED

Why are you monkey hunting?

You want to sell.all your monkeys and gbe jaaaaaaaaaaa

RabbiDoracle:


You said it all sir.

Everything has been priced in. Now people are selling on others.

Does that include our Nascon Millionaire's stock and that mighty Fidelity stock?

mendes911:


Does that include our Nascon Millionaire's stock and that nights Fidelity stock?

*Omerta*

RabbiDoracle:


*Omerta*

You wey never gree keep quiet since. Leave Sicily and their law of silence alone.

dipoolowoo:
9 Banks Battle Drop in Interest Income as FG Restructure Debt Portfolio
https://www.businesspost.ng/2018/03/12/9-banks-battle-drop-in-interest-income-as-fg-restructure-debt-portfolio/

Analysts have doubt about sustainability of banks' report going forward.

What will the next catalyst be?

mendes911:


You wey never gree keep quiet since. Leave Sicily and their law of silence alone.

But I dey talk true na.

Some say it is because I'm on my mattress.

Wetin concern me. I just dey look.

onegentleguy:



The best amongst the best from the man of ZENITH !! ...a fantastic all-touching result.

For even if I have to discount everything with the aim of playing on the side of caution, My Fair Price is now slightly above a 38% premium from todays closing price of N31. ...which is approx N43.
...and so ZENITH remains a BUY from my end.

However the MARKET thru his agent Mr TIME might have other plans.
But we now have our eyes also glued on the man from ZENITH.

Banks will now need to do the real lending. 2018 is when the cycle will start afresh to take the risk again that will pop after some years.

RabbiDoracle:




Cc Agba (your pillow oo)

Not pillow
pillow case

OBAGADAFFI:


Anybody still here in JAPAUL in a loner

Starting from tomorrow, na 10% loss for Japaul. People will wonder if this is his stock market is.

Na this type of game wey Isaac Newton go enter, he lost his shirt!! Market wrote :" ma ma tranga " on his bare back!

mendes911:


Does that include our Nascon Millionaire's stock and that mighty Fidelity stock?

Is NASCON PE not like 10?

currentprice:
what are we expecting again? if this zenith result not in mkt expectation how many of us expect N2.4 dividend from zenith with recent cbn shout.

mkt is in trouble if mkt ignor this result

cash is king

End of February 2018 report, we need the check the statistics of domestic Vs foreign investments (buy/sell) in NSE. This will show if they are gradually handing the Kaya to us.

When you see 75% domestic and 25% foreign, then we have bought enough monkeys.

chipa:

Hi guys I tell you that JAPAUL ownership has changed hand. This JAPAUL will make many rich.It is a healthy pull back and will cont. it ride Northward soon. I boarded the bus today after extensive deliberation and DD. When it gets to 2 I will remind of this post.
This is not a recommendation to buy or sell.
Disclosure has some units here.

Japaul that will soon overtake Nestle. Na im you dey talk small small