NewStats: 3,264,841 , 8,184,870 topics. Date: Thursday, 12 June 2025 at 02:26 PM 2o1p6x

The law of gravity: Everything that goes up must come down.
'Many great financial problems are caused by going along with the crowd and trying to keep up with the Jones-es'--- R.T. Kiyosaki

men and brethren, with the way the market is sinking, is there any hope left? oga myjoy08

SUGAR! SUGAR!! Everywhere!!!

Who/What is holding Okomu and Presco? I need them at sub Ten Naira.....

This market get as he b. C RED on d floor. These bloods u pple r sharing. There is God ooooo.
ABCtrans aproaching car park.
Firstbank now@ 7.79
GTB now @ 20.55
Zenith now @ 15.62
This one na market crash oh

BREAKING NEWS: The market has finally CRASHED!!!
KILODE?

chukyjones:
men and brethren, with the way the market is sinking, is there any hope left? oga myjoy08

I am surprised that you are asking this question now at this perilous time. However, whenever the bulls return ,my simple advise is that you take whatever loot you have left in the stock market and scram. If you were told that fbhn will sell for N7 will you believe?..the reality is sinking in now and we are not even in wave 5 talkless of seeing the grand papa of all bears..

I expected the cowboys to perform their stunts but I guessed they too have ran off from this sinking ship called the NSE..

However, the decision is yours to make...@bigass made a wise decision yesterday by leaving the market for the holy one. The ball is in your court.

Tjohn1:
BREAKING NEWS: The market has finally CRASHED!!!
KILODE?

source

Tjohn1:
BREAKING NEWS: The market has finally CRASHED!!!
KILODE?

It crashed before and after 5years,it bounced back and now that the previous events is repeating itself we should take advantage of low price stocks with strong fundamentals/dividend pay out to massively increase our holdings for long term....Previously when the market crashed,I was so angry and turned away from anything equity and when it bounced back,I couldn't make any profits from the market since I didn't buy any stock within that period....Dont dull yourself,buy cheap now and plan to sell four years later....But buy a lot!....My opinion...

Unprecedented

If FBNH shld pay #1 as dividend next year, it means it is 12.83 % div yield. The question is, will they b able to pay it.
One nid to invest in div paying stock with @ least 12% div yield, now dat d market is not friendly.

When you see stocks like fbhn selling for N3 or uba @N1.20 transcorp @N0.50k @Daimond N1 @oandoN6 @SkyeN0.70k @seplat N90 that's the best time to buy.

Yem0350:
If FBNH shld pay #1 as dividend next year, it means it is 12.83 % div yield. The question is, will they b able to pay it.
One nid to invest in div paying stock with @ least 12% div yield, now dat d market is not friendly.

Market crash has nothing to do with earnings of FBNH......As for FBNH,if you read todays news very well,their head of finance said oil price will not affect their earnings and he said their dividend payment increases every year and this year won't be different....So do the math.....

chukyjones:
men and brethren, with the way the market is sinking, is there any hope left? oga myjoy08

Yem0350:
If FBNH shld pay #1 as dividend next year, it means it is 12.83 % div yield. The question is, will they b able to pay it.
One nid to invest in div paying stock with @ least 12% div yield, now dat d market is not friendly.

FBNH might not be able to pay up to N1 dividend. They plan to retain as much earnings as possible to meet up with the minimum CAR for Basel 2/3 compliance.This was revealed in their last conference call.

I think anything between 0.5 to 0.8 might be ideal.

Yem0350:
If FBNH shld pay #1 as dividend next year, it means it is 12.83 % div yield. The question is, will they b able to pay it.
One nid to invest in div paying stock with @ least 12% div yield, now dat d market is not friendly.

Hmm .. 1 naira ke, they might not be able to ,i rem a year like that i think 2010
First bank declared 10k and bonus 1 for 10

lancee:


Hmm .. 1 naira ke, they might not be able to ,i rem a year like that i think 2010
First bank declared 10k and bonus 1 for 10

I guess that year might soon repeat itself

Pals well done.

Born2berich:


I guess that year might soon repeat itself

I guess as much too , bonuses might be option B for some coys
Zenith m fbnh dem

I guess Insurance is where the deal is at the moment.

Dont try this at home!

lancee:



I guess as much too , bonuses might be option B for some coys
Zenith m fbnh dem

Don't be surprised if those bonuses don't make sense by then..everyone should start tightening their belt, things are about to get even more messy

Yem0350:
This market get as he b. C RED on d floor. These bloods u pple r sharing. There is God ooooo.
ABCtrans aproaching car park.
Firstbank now@ 7.79
GTB now @ 20.55
Zenith now @ 15.62
This one na market crash oh

this is plane crash in the field of NSE MARKET, when I was announcing it many months ago, a lot of people did not believe me, some nick name me prophet of doom, and others chibok king.

joseph1013:
I guess Insurance is where the deal is at the moment.

Dont try this at home!

Aiico is one stock that I have my eyes on in the insurance space. They just cleaned off their balance sheet and seem to be starting on a stronger clean slate. I also expect their pension arm to start adding significantly to their bottom line as their assets under management continue to increase as a result of the new pension law. I bought earlier at 80kobo but I hope to add more when the price gets to the car park

Born2berich:
When you see stocks like fbhn selling for N3 or uba @N1.20 transcorp @N0.50k @Daimond N1 @oandoN6 @SkyeN0.70k @seplat N90 that's the best time to buy.

you are not far from the truth.

Born2berich:
When you see stocks like fbhn selling for N3 or uba @N1.20 transcorp @N0.50k @Daimond N1 @oandoN6 @SkyeN0.70k @seplat N90 that's the best time to buy.

There is fire on the mountain!!!!! See prices.

lancee:



I guess as much too , bonuses might be option B for some coys
Zenith m fbnh dem

FBNH is not even in a good state to give out bonuses.With 32Billion OS,which is about 2-3Billion higher than the closest bank on the NSE, add that to their declining bottom line and get the real picture. The silver lining is that top line has seen improvement in 2014,if they are able to improve on their efficiency and convert much of that to profit going forward,then they can be truly back on track.

FranklinRich:


Aiico is one stock that I have my eyes on in the insurance space. They just cleaned off their balance sheet and seem to be starting on a stronger clean slate. I also expect their pension arm to start adding significantly to their bottom line as their assets under management continue to increase as a result of the new pension law. I bought earlier at 80kobo but I hope to add more when the price gets to the car park

Men! You get mind o.

After dumping NEM (Still thanking my stars) months ago, I don't see myself doing insurance any time soon

I will rather buy Dangote Sugar, Access, FBNH and Diamond at car park than any promises sorry insurance coy

Born2berich:
When you see stocks like fbhn selling for N3 or uba @N1.20 transcorp @N0.50k @Daimond N1 @oandoN6 @SkyeN0.70k @seplat N90 that's the best time to buy.

It will be easier for Buhari to win 2015 general election than those prices to come true

How come this bearish season is not affecting IKEJAHOTEL?

FranklinRich:


Aiico is one stock that I have my eyes on in the insurance space. They just cleaned off their balance sheet and seem to be starting on a stronger clean slate. I also expect their pension arm to start adding significantly to their bottom line as their assets under management continue to increase as a result of the new pension law. I bought earlier at 80kobo but I hope to add more when the price gets to the car park

Smart guy. Imagine the stock at 66k? *mouthwatering*

9free:

It will be easier for Buhari to win 2015 general election than those prices to come true

It seems like we are gradually approaching the all share index low of 2009. . The stock market as a leading technical indicator seems to be telling us how challenging the economy is going to be in 2015.

FranklinRich:


It seems like we are gradually approaching the all share index low of 2009. . The stock market as a leading technical indicator seems to be telling us how challenging the economy is going to be in 2015.

People money don dey stuck here again , another cycle