Stanbic ibtc result is good...expect more of this kind result from banking stock.

Peterichy, this your WAPCO was all along sitting on an unknown object, then suddenly........

mendes911:
WAPCO - 15.50.

Peter will come and tell us how he sold at N19.

LOL.

Back to 16.95. Last minute deal.

I hope loco could able to enter sub #15.50

mendes911:
WAPCO - 15.50.

Peter will come and tell us how he sold at N19.

LOL.

Back to 16.95. Last minute deal.

That means the seller is not done......
He wants to set another trap for tomorrow.
Who knows if Peterichy is the seller here, HE LOVE LAST MINUTE DEALS......
PETERICHY looking at WAPCO share price like...........

It was a strike action. Unbelievable!

DeRuggedProf:


That means the seller is not done......
He wants to set another trap for tomorrow.
Who knows if Peterichy is the seller here, HE LOVE LAST MINUTE DEALS......
PETERICHY looking at WAPCO share price like...........

From all indication Caverton is wants to cross the 3 naira mark and may be it will start looking towards 4.

pluto09:

Amotekun is here too.

Hope is not mendes that brought her

Yes.... Amotekun is on board

thebargainhunte:


I hope loco could able to enter sub #15.50

Bros,I be your senior for this biz.Once I sell my stock,I will be back to it again at bergain price.

14.50/15 is my next entry.Those who heard my voice yesterday and executed must be smiling now.

This biz is not all about 100% profit but utilizing the entry and exit points wisely.

mendes911:


They don dey waka one by one.

LOL.

Shirt don dey tear...

NSE ALLSHARE INDEX UPDATE FOR CLOSE OF BUSINESS 29 JAN 2020

Loss for the week: -1.71%
Gain for the year: 8.45%

Market still in uptrend till support level of 28,807.30 is breached. As we may want to take advantage of lower prices we should avoid unsound stocks and only buy at strong support levels.

Equally to avoid the bear from scoring an[b] injury time goal [/b] (loss that you may not recover from until the next 365 days) avoid stock that may experience substantial income decline. From our side the likes of Eterna, Guinness, Ikeja Hotel, Interbrew (regular customer), Transcorp etc comes to mind.

Just like a visitor to the casino, we have placed our bet, the roulette wheel/ball is rolling, unlikely to be a good time to place substantial bet on the table.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

godlyguy:


He is trapped for NOW... WAPCO is still a good STOCK... Just that I've moved on to something else... Left just few for LOYALTY sake

THE BIG SMART GUY

I don't think he is trapped. It closed @ 16.95.

locodemy:


Bros,I be your senior for this biz.Once I sell my stock,I will be back to it again at bergain price.

14.50/15 is my next entry.Those who heard my voice yesterday and executed must be smiling now.

This biz is not all about 100% profit but utilizing the entry and exit points wisely.

Senior bros, na play I dey play.

mendes911:

I pity those that were following you and Peter blindly.
LOL.

I don't think this is fair. WAPCO is a good stock mid to long term.

mendes911:
Stanbic.

http://www.nse.com.ng/Financial_NewsDocs/28700_STANBIC_IBTC__HOLDINGS_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

We may be getting all these results by end of this month and then wait for audit and CBN's approval (as the case may be).

This might be the new plot twist to the whole drama.

Like i posted earlier, the new requirement is

un-audited results with 60days then audited result with 90days

something along these lines anyway

OR

audited results within 90days

thebargainhunte:
Stanbic ibtc result is good...expect more of this kind result from banking stock.

Stanbic bank recorded
1. #5.13 kobo EPs in their q3 2019, against #5.73 EPs in their q3 2018
2. #6.92 kobo EPs in their final, 2019, against #7.04 EPS in their final 2018

They experience 12 kobo drop in their earning, below performance.

Most at times you will know the company that will perform better than their previous year result through comparing their recent q3 result with that of last year.

nna777:


I don't think this is fair. WAPCO is a good stock mid to long term.

Oga, dey your dey oooo! The people I talked about knows what am talking about and it has nothing to do with your golden WAPCO.

Chibuking81:


Stanbic bank recorded
1. #5.13 kobo EPs in their q3 2019, against #5.73 EPs in their q3 2018
2. #6.92 kobo EPs in their final, 2019, against #7.04 EPS in their final 2018

They experience 12 kobo drop in their earning, below performance.

Most at times you will know the company that will perform better than their previous year result through comparing their recent q3 result with that of last year.

really? Like seriosly?
companies do not exist in isolations!
What was the general state of the Nigerian economy during the review period?

bigjay01:


Like i posted earlier, the new requirement is

un-audited results with 60days then audited result with 90days

something along these lines anyway

OR

audited results within 90days

Oga BJ, so you be Rebekah's father? I haff caught you today.

nna777:


I don't think he is trapped. It closed @ 16.95.

That's why in maths, you will be asked to "show full working".

It closed ₦16.95 but how did it close at that price!

Chibuking81:


Stanbic bank recorded
1. #5.13 kobo EPs in their q3 2019, against #5.73 EPs in their q3 2018
2. #6.92 kobo EPs in their final, 2019, against #7.04 EPS in their final 2018

They experience 12 kobo drop in their earning, below performance.

Most at times you will know the company that will perform better than their previous year result through comparing their recent q3 result with that of last year.

The EPS would have slightly increased. The company introduced DRIP Dividend Reinvestment Program about 2 years ago.

Which gave interested shareholders to earn their dividends in form of additional shares in the company. The core Investor and some retail Investors subscribed to the DRIP , this makes the outstanding shares of the company to increase every year. The DRIP increased the outstanding shares of Stanbic IBTC by 265 million shares between 2018 and 2019.

Nigeria Brewery also has a DRIP

mendes911:


Oga BJ, so you be Rebekah's father? I haff caught you today.

Ha u don come again

earlier as in a few weeks ago

bigjay01:


Ha u don come again

earlier as in a few weeks ago

Ohok ooo. I thought you were referring to Oga Rebekah's post of today.

I greet sir.

How do you see the present market condition? Do you think what happened in 1973 will repeat itself this period?

mendes911:


That's why in maths, you will be asked to "show full working".

It closed ₦16.95 but how did it close at that price!

Na the Bros type dey always carry Kaya Las las

mendes911:


Ohok ooo. I thought you were referring to Oga Rebekah's post of today.

I greet sir.

How do you see the present market condition? Do you think what happened in 1973 will repeat itself this period?

Baba, babaaa!!! Wetin happen for 1973? 1973 bawó Abeg youngsters like me don lost throway ooo.

SEC Gives Stockbrokers Deadline to File Liquidity Position
https://businesspost.ng/economy/sec-gives-stockbrokers-deadline-to-file-liquidity-position/

11 Plc Grows Q4’19 Earnings by 16%, Profit Drops 5%
https://businesspost.ng/economy/11-plc-grows-q419-earnings-by-16-profit-drops-5/

Hassan-Baba, Orji Join UBA Board
https://businesspost.ng/jobs/hassan-baba-orji-join-uba-board/

That Daddy no get joy joor. He dey always chop alone.

mendes911:


Oga BJ, so you be Rebekah's father? I haff caught you today.

Nice one from our NEM (~68k EPS)
http://www.nse.com.ng/Financial_NewsDocs/28729_NEM_INSURANCE_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

flat one from LASACO (13k EPS)
http://www.nse.com.ng/Financial_NewsDocs/28736_LASACO_ASSURANCE_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

These are un-audited though

emmanuelewumi:



The EPS would have slightly increased. The company introduced DRIP Dividend Reinvestment Program about 2 years ago.

Which gave interested shareholders to earn their dividends in form of additional shares in the company. The core Investor and some retail Investors subscribed to the DRIP , this makes the outstanding shares of the company to increase every year. The DRIP increased the outstanding shares of Stanbic IBTC by 265 million shares between 2018 and 2019.

Nigeria Brewery also has a DRIP

Sir, this is very interesting

So is like giving the shareholders bonus via dividend?

Is NEM not more profitable than FCMB?

Chibuking81:


Stanbic bank recorded
1. #5.13 kobo EPs in their q3 2019, against #5.73 EPs in their q3 2018
2. #6.92 kobo EPs in their final, 2019, against #7.04 EPS in their final 2018

They experience 12 kobo drop in their earning, below performance.

Most at times you will know the company that will perform better than their previous year result through comparing their recent q3 result with that of last year.

Las las they recorded profit for the year. Pa Emma has explained the reason for d decrease in their Eps.

ukay2:



Sir, this is very interesting

So is like giving the shareholders bonus via dividend?

You can decide to get you dividend or if you believe in the future of the company you can tell the company to give you additional share instead of cash dividend.

That is why the percentage holdings of the core Investors of Stanbic IBTC and Nigeria Brewery increases every years

The additional 265 million shares issued via DRIP saved Stanbic IBTC almost N11 billion cash in dividend payments.

PETERiCHY:
LAFARGE/WAPCO our 3euro stock is now available at 14.80 and warming it engine to enter full bid.

Not by 2moro when will be on 55% upside like the case of UACN someone will asking how come we always buy low and sell high.

The same we loaded FBNH bus,
UACN bus and
now LAFARGE/WAPCO bus.

Better join now and don't be distracted by their panalysis analysis.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

The FORTUNATE ones that heed our CLARION CALL 2weeks ago are comfortably sitting on 14% profit now.

We will continue to SHAKE OUT excess LUGGAGES so that our FLIGHT will be LIGHTER and SMOOTHER for the LIFE TRANSFORMING Journey AHEAD.

FORTUNE favors the BRAVE!

*ThE OcToPuS*