Mcy56:

Agba glad to see you back. I no vex again.
Even if I dey lick a.ss, at least na better one no be dry one wey broke join.

awesomeJ:
Apparently, the 187kobo FBNH EPS was annualized.

H1 EPS was actually 91kobo according to Nairametrics.

https://nairametrics.com/fbn-holdings-half-year-2018-results/

mendes911:
Greetings to you all in the name of God Almighty. Repent for the kingdom of God is near. One Love.
Special Cc: Mcy56

Cadillac15:


An idio.tic asslicker once accussed oracle that he owns no portfolio.

A stu.pid asslicker also accused tritri of being a money miss road (with her eyes on his money)

Like have being said, very easy to notice puss.yss wereever they are.

Sorry for your Unfortunate folks. Asslicking never pays

Agbalowomeri:


Guy e never do you ni?

Agbalowomeri:


Come is the company the commercial banking operation that is still reporting loss?

Cadillac15:


Knew you would respond.

Not surprised your name was mentioned.

A case of one individual, two handles.

Tritri was right after all.

Agbalowomeri:


People have moved on
Just drink cold water and enjoy the weekend
Me no get problem with anyone

Cadillac15:


Knew you would respond.

Not surprised your name was mentioned.

A case of one individual, two handles.

Tritri was right after all.

Cadillac15:


I dont have a problem with this handle too and you will testify i have seeked your opinion in the past.

But Caution that nimwit to stop the side remarks.

awesomeJ:

Seems the bank is back to profitability.

Made 84% of the group's earnings

Agbalowomeri:


For those using FA;

ROE here is 10% (very poor from FBNH)
For me a quick gauge of fair price based on earning alone is, for every 10% ROE p= 0.5PBV

BV for FBNH is 18.33 (equity/share outstanding)

PBV is 10/18.33 = 0.55

At current price, FBNH is rightly price. So no discount here for me


Discl; this is purely FA, me na gut-A Lol

awesomeJ:

Cornwall would say "sought'

Meanwhile, formula for Agba's fair price= current price/2
regardless of results.

Quite straight forward.

Cadillac15:


How many routes leads to your house? That i used "seeked" made my grammar wrong abi?

Anyway i dash you the grammar. Who e epp?

Agbalowomeri:


For those using FA;

ROE here is 10% (very poor from FBNH)
For me a quick gauge of fair price based on earning alone is, for every 10% ROE p= 0.5PBV

BV for FBNH is 18.33 (equity/share outstanding)

PBV is 10/18.33 = 0.55

At current price, FBNH is rightly price. So no discount here for me


Discl; this is purely FA, me na gut-A Lol

longlife20:
http://www.nse.com.ng/Financial_NewsDocs/23120_DANGOTE_FLOUR_MILLS_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Mcy56:

Thanks sir/ma. Sorted.
Apology if I came down a bit harsh, was just pissed off at the baseless accusations and few other things. Apologies to tritritri too.
We should be our brother/sister's keeper no matter how we disagreed.
One Love.

longlife20:
http://www.nse.com.ng/Financial_NewsDocs/23120_DANGOTE_FLOUR_MILLS_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Cadillac15:


Always releasing results on last saturdays.

Chibuking81:

So that people will have enough time to digest it before the new week. Anyway nothing change as we are still in bear period.
The result will give Mr bear a little time to drink water, before proceeding forward. This new week will introduce the last week of July and new week of August. Am seeing tick red in the month of August. Bail out stampede will be so serious.