mendes911:

This is one of the "apostles" of Sir ChiBuKing:

http://www.nse.com.ng/Financial_NewsDocs/25940_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf

EPS Q1 drop from N2.23 (2018) to N0.20 (2019).

Obene Kwa Kwa.... x4

Is like is only the banks that are making money o.
This one weak me...

The more management of coys continue to approach the banks for funds, I am afraid they will continue to work and slave for the banks unless the shareholders are ready to support the business with loans and equity. I also believe that management should get innovative by floating CPs or preference shares that shareholders can subscribe to instead of approaching the banks all the time for cash support. Majority of shareholders will prefer to give their cash to coys with returns in the region of 18% instead of the 25 to 35% from the banks in form of loans and overdrafts

pluto09:



Is like is only the banks that are making money o.
This one weak me...

rebekah2011:
The more management of coys continue to approach the banks for funds, I am afraid they will continue to work and slave for the banks unless the shareholders are ready to support the business with loans and equity. I also believe that management should get innovative by floating CPs or preference shares that shareholders can subscribe to instead of approaching the banks all the time for cash support. Majority of shareholders will prefer to give their cash to coys with returns in the region of 18% instead of the 25 to 35% from the banks in form of loans and overdrafts

i think shareholders are wise nowadays, the dmemory of wapco/lafarage was a bitter one for investors.
The company always issue right shares, CP and today,there is nothing to show for it rather than mother optimism
no share price appreciations,no improvement in fundamental ,technical and sentimental analyses
the company takes a backward journey everyday
the way dz company task shellholders,one would think they were going to dethrone dangote cement.
we hope the company will begin to reward investors in no distance future, especially from the merger n acquisition of ashaka cement comp

Fidelity alert don land, who dey collect offering again?

Let me send my account number.

edwardaigb:
Fidelity alert don land, who dey collect offering again?

I'm cool my Ndidi Asa beke Oyiinbo mu kedu

ndidigood:
Hi Mikel darling
Hope UA good.

gamaliel9:



Sir...the experience was sweet...the day all my many years dividends landed from First Registrars....that was the day i knew that sex is over-rated. And i took a decision to buy STOCKS BASED ON WHO THEIR REGISTRARS ARE....

NB: I AM SIGNIFICANTLY A DIVIDEND INVESTOR. Cheers

Sir, we share a similar style. Can you advice on the sort of companies to lookout for, aside banks, at present my portfolio is too concentrated. Zenith 60%, Afriprud 38%, GTBank 2%

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25927_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2019.pdf
This is totally unacceptable from this bank.

wat wrong wit d result ?? am abt to enter dis ooh..i think it a flat result..

To be sincere, the result is not bad as some have painted it to be. Maybe they were expecting more from the company.

tritritri:



wat wrong wit d result ?? am abt to enter dis ooh..i think it a flat result..

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25948_VITAFOAM_NIG_PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf

The best report so far, EPS 94.60k in q2 2019 against 37.82k in Q2 2018

mendes911:

This is one of the "apostles" of Sir ChiBuKing:

http://www.nse.com.ng/Financial_NewsDocs/25940_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf

EPS Q1 drop from N2.23 (2018) to N0.20 (2019).

Obene Kwa Kwa.... x4

Very flat result all considered...........

longlife20:


The best report so far, EPS 94.60k in q2 2019 against 37.82k in Q2 2018

True. But there are buts.

Admin and distribution expenses outgrew revenue and need controlling.
This could partly be due to an aging but experienced workforce, indicated by growing pension and retirement obligations.

The >100 % other income growth may not be repeated
Good that borrowing levels dropped by more than N 1 billion YoY

I look forward to their FY result.
P.E ratio of 4.12 is trying to tell a loud FA story

http://www.nse.com.ng/Financial_NewsDocs/25929_OKOMU_OIL_PALM_PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf


Okomu disappoint me!!

EPS crashed from 364 to 106.

And to think I was warned on this very board by my seniors about companies that relied on biological assets

It is well.

As we go out to wash the Friday with a small part of Fidelity dividend/DFM profit, remember to enjoy responsibly.

A lovely weekend to us all and remember to pay your tithes o.

pluto09:



Is like is only the banks that are making money o.
This one weak me...

I can barely count 4 banks that are truly making money. Every other na White Wash!

Let me help you Sir. Gtbank, Zenith, Uba, Access, First bank,

mendes911:


I can barely count 4 banks that are truly making money. Every other na White Wash!

locodemy:



So na only this stock you see to yaab.

Always looking for trouble.

Na this result/stock weak me pass. I couldn't understand the result at all. How can you double your revenue and still end up with such an EPS. I understand what "other income" did for them last year but 20k This one is yakari!

rebekah2011:
Let me help you Sir. Gtbank, Zenith, Uba, Access, First bank,

I said barely 4 banks Sir. I can agree for GTB, Zenith and UBA. Try close eye on the others. Even our "favourite" Fidelity. But las las, na wetin stock go vomit we dey find, not just result sheets!

mendes911:


I said barely 4 banks Sir. I can agree for GTB, Zenith and UBA. Try close eye on the others. Even our "favourite" Fidelity. But las las, na wetin stock go vomit we dey find, not just result sheets!

Na why i habd been loading UBA since.....if ie no poo....le go vomit


Hoping to have good zeros interim dividend by August


Fidelity plc is going to pay minimum of 0.25k dividend from FY...2019 from their conference call

Where is our Caverton result?

mendes911:

This is one of the "apostles" of Sir ChiBuKing:

http://www.nse.com.ng/Financial_NewsDocs/25940_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf

EPS Q1 drop from N2.23 (2018) to N0.20 (2019).

Obene Kwa Kwa.... x4

chai,this people are wicked.why are they repeating the figures.if you no see am before,see am again.EPs 20kobo.

PharmAlfred:
Where is our Caverton result?

Will likely land before tuesday.....still in the air

ukay2:



Will likely land before tuesday.....still in the air

They better come with good results

if I no buy vitafoam on Monday wetin I gain? this coy has no business whatsoever with 5 naira,just dey gooooooooooooooooooooo.

Godlylifeoneart:
It's a bad advise, to tell any investor to dispose Sterling Bank. Despite not paying dividends, this is one of the equities that has returned >70% returns to investors in year to date.

The Indian investors are possibly out for something we do not know.
Let's keep tracking dz best banking stock in the Nigeria bourse

I don't know how this talk about Indian Investors started....i don't think there are any Indian investors. Just enjoy the ride for what it is.

arduino:


So na one chance bus I enter since e kwa....

Hang on. Don't judge by one quarter. Its usually noise.

Take another look a couple of quarters down and take a decision.

Onuokwu:


I don't know how this talk about Indian Investors started....i don't think there are any Indian investors. Just enjoy the ride for what it is.

State Bank of India(SBI) has a long standing stake in the bank bro, even me shock when I see am.

Apparently it started when Indo Nigerian Merchant Bank (INMB) was one of the banks that merged to form the present Sterling Bank.

They hold approx 2.55 billion units or about 9% of the bank.
Their board rep is Mr. Sujit Varma.

Check out SBI here
https://en.wikipedia.org/wiki/State_Bank_of_India

DaV8King:


State Bank of India(SBI) has a long standing stake in the bank bro, even me shock when I see am.

Apparently it started when Indo Nigerian Merchant Bank (INMB) was one of the banks that merged to form the present Sterling Bank.

They hold approx 2.55 billion units or about 9% of the bank.
Their board rep is Mr. Sujit Varma.

Check out SBI here
https://en.wikipedia.org/wiki/State_Bank_of_India

That's not new investment. Its been there since after consolidation of Mid 2000s and has hardly changed in volume. Check successive annual reports. People are suggesting that there is new and sustained stock purchases by some Indian investors and i strongly doubt this.

Onuokwu:


That's not new investment. Its been there since after consolidation of Mid 2000s and has hardly changed in volume. Check successive annual reports. People are suggesting that there is new and sustained stock purchases by some Indian investors and i strongly doubt this.

Well I guess it's to do a history check as you suggest and see if the position has changed at all.

Oando Plans Raising Production to Sustain Profitability for Dividend Payment
https://businesspost.ng/2019/04/26/oando-plans-raising-production-to-sustain-profitability-for-dividend-payment/

Nigerian Breweries Remains Confident to Deliver Good Return on Investment
https://businesspost.ng/2019/04/26/nigerian-breweries-remains-confident-to-deliver-good-return-on-investment/

FCMB Posts Gross earnings of N44bn in 3 Months
https://businesspost.ng/2019/04/26/fcmb-posts-gross-earnings-of-n44bn-in-3-months/

Unity Bank Raises PAT to N465bn in Q1 2019
https://businesspost.ng/2019/04/26/unity-bank-raises-pat-by-4-to-n465bn-in-q1-2019/

Greg Davis Resigns as Ecobank Chief Financial Officer
https://businesspost.ng/2019/04/26/greg-davis-resigns-as-ecobank-chief-financial-officer/

yok:


Keep: DFM (there is NGN26.00 on the table), Vitafoam, UPL, sterling, Access. But things can change after next 4 months. But for the short term , these should be safe.

Thank you

ukay2:



Will likely land before tuesday.....still in the air

Okay. We de wait.