NewStats: 3,261,594 , 8,174,455 topics. Date: Thursday, 29 May 2025 at 06:01 PM v5e51

BullBearMkt:

-PZ has been enjoying good rally
-weekly is bullish
-daily is bullish but is now overbought
-reversal imminent
-as fx rightly pointed out, its not a volatile stock
-now hovering around resistance, if successful make resistance , then upside is envisage, else a reversal to 15.74

Thanks a lot Bro!

[quote author=meracool post=56656999][/quote]

Thanks. I was there but I went about 1 hour late. Shareholders were already asking questions when I got to the hall.

Key takeaways:-

1. There will likely be big provisions for NPL again this year but not as high as in 2016.

2. Overall, we are expecting a surge in PAT and EPS from this year going forward.

3. FBN is taking a lead in transaction income (Non-Interest Income) due to its leadership in e-channels' market.

4. From what I gathered, (I came in late) I think NPL ratio is currently above regulatory level to pay dividends. FBNH allowed FBN Bank to retain all its earnings.

I don't expect a higher than normal dividend in FBNH.

They did not serve us item 7 oo, only colder than normal AC and a bottle of Ragolis water at the point of exit.

Do your due diligence. JIJO, short-termers and speculators, buying FBNH is at your own risk.

chillykelly86:


Thanks. I was there but I went about 1 hour late. Shareholders were already asking questions when I got to the hall.

Key takeaways:-

1. There will likely be big provisions for NPL again this year but not as high as in 2016.

2. Overall, we are expecting a surge in PAT and EPS from this year going forward.

3. FBN is taking a lead in transaction income (Non-Interest Income) due to its leadership in e-channels' market.

4. From what I gathered, (I came in late) I think NPL ratio is currently above regulatory level to pay dividends. FBNH allowed FBN Bank to retain all its earnings.

I don't expect a higher than normal dividend in FBNH.

They did not serve us item 7 oo, only colder than normal AC and a bottle of Ragolis water at the point of exit.

Do your due diligence. JIJO, short-termers and speculators, buying FBNH is at your own risk.

Which dividend ? This yr or next year .

Thanks

bobbyL:
Good evening.

Please can anyone provide some info on reliable stockbrokers for retail investors (at this point), their charges and minimum opening balance.

I am looking to open a stock broking . They should have good customer service o, because my questions plenty.
Thanks.

Please can anyone suggest a stockbroker oo. I am thinking CSL securities since Stanbic I learnt has a high opening balance requirement.

Ha! Avoid CSL Stockbrokers (FCMB Subsidiary) they're unresponsive. I've been begging them to me since God knows when. I use ARM Stockbrokers.

bobbyL:


Please can anyone suggest a stockbroker oo. I am thinking CSL securities since Stanbic I learnt has a high opening balance requirement.

chillykelly86:


Thanks. I was there but I went about 1 hour late. Shareholders were already asking questions when I got to the hall.

Key takeaways:-

1. There will likely be big provisions for NPL again this year but not as high as in 2016.

2. Overall, we are expecting a surge in PAT and EPS from this year going forward.

3. FBN is taking a lead in transaction income (Non-Interest Income) due to its leadership in e-channels' market.

4. From what I gathered, (I came in late) I think NPL ratio is currently above regulatory level to pay dividends. FBNH allowed FBN Bank to retain all its earnings.

I don't expect a higher than normal dividend in FBNH.

They did not serve us item 7 oo, only colder than normal AC and a bottle of Ragolis water at the point of exit.

Do your due diligence. JIJO, short-termers and speculators, buying FBNH is at your own risk.

Its Expected, those NPL are huge.

That's why I laugh at people rushing​ into highly indebted Oando.

Acting President Yemi Osinbajo has received the official copy of the 2017 appropriation bill. Ita Enang, special adviser to the president on national assembly matters (senate), disclosed this to state house correspondents on Friday. The budget first presented in December 2016 before the two chambers of the national assembly by the President had an estimate of N7.28 trillion but was raised to N7.44 trillion by the federal lawmakers. Details of the budget showed that N434.4 billion was appropriated for statutory transfers to the National Judicial Council (N100 billion); Niger Delta Development Commission (N64.02 billion); Universal Basic Education (N95.2 billion); National Assembly (N125 billion); Public Complaints Commission (N4 billion); INEC (N45 billion); and National Human Rights Commission (N1.2 billion). Briefing Journalists, Enang said that the Acting President would assent to the budget after necessary procedures had been concluded. In a tweet, the Spokesman to Osinbajo, Mr. Laolu Akande said .

continue laughing o.. I exited Oando with 78% profit... we are all laughing I guess

OBAGADAFFI:


Its Expected, those NPL are huge.

That's why I laugh at people rushing​ into highly indebted Oando.

bigtt76:
Ha! Avoid CSL Stockbrokers (FCMB Subsidiary) they're unresponsive. I've been begging them to me since God knows when. I use ARM Stockbrokers.

Thanks a lot. What are their charges like, and their research reports? Would you recommend them?

I think Morgan Capital has the lowest transactional costs in the industry but I have come across too many complaints.

still go with morgan if u intend to jijo frqently

bobbyL:


Thanks a lot. What are their charges like, and their research reports? Would you recommend them?

I think Morgan Capital has the lowest transactional costs in the industry but I have come across too many complaints.

bobbyL:


Thanks a lot. What are their charges like, and their research reports? Would you recommend them?

I think Morgan Capital has the lowest transactional costs in the industry but I have come across too many complaints.

TRW stockbrokers Ltd is good too.

chillykelly86:


Thanks. I was there but I went about 1 hour late. Shareholders were already asking questions when I got to the hall.

Key takeaways:-

1. There will likely be big provisions for NPL again this year but not as high as in 2016.

2. Overall, we are expecting a surge in PAT and EPS from this year going forward.

3. FBN is taking a lead in transaction income (Non-Interest Income) due to its leadership in e-channels' market.

4. From what I gathered, (I came in late) I think NPL ratio is currently above regulatory level to pay dividends. FBNH allowed FBN Bank to retain all its earnings.

I don't expect a higher than normal dividend in FBNH.

They did not serve us item 7 oo, only colder than normal AC and a bottle of Ragolis water at the point of exit.

Do your due diligence. JIJO, short-termers and speculators, buying FBNH is at your own risk.

bros do u know dat some of these NPL will start peforming by Q3,also i like d courage of this management as dey came up with all these impairment issues,dey opened up to their shareholders....many banks hav alot of NPL and are hidding it from d public in order 2 be declaring large PAT.I was at FBNH agm,one man enlighten us on how banks will presents fake cheques to auditors on 31st of every quarter ,as u know auditors work with what dey are prsented with,after d auditors are done den on d 1st of a new quarter those cheques will b classified as bounced cheque...dey keep rolling this over and over.Rem what eva report a bank presents is what we bilieve,even d auditors cant discover most of these things.We hav to respect this FBNH new management for opening up to sharehilders,dey culd hav decided to concil these informations and go ahead to be paying big dividends but no, dey decided to take d bull by d horn..i promise u these impairments will not cont. 4 eva ,which im ready to wait .PLS DIS IS MY PERSONAL OPINION.

Princkez:
bros do u know dat some of these NPL will start peforming by Q3,also i like d courage of this management as dey came up with all these impairment issues,dey opened up to their shareholders....many banks hav alot of NPL and are hidding it from d public in order 2 be declaring large PAT.I was at FBNH agm,one man enlighten us on how banks will presents fake cheques to auditors on 31st of every quarter ,as u know auditors work with what dey are prsented with,after d auditors are done den on d 1st of a new quarter those cheques will b classified as bounced cheque...dey keep rolling this over and over.Rem what eva report a bank presents is what we bilieve,even d auditors cant discover most of these things.We hav to respect this FBNH new management for opening up to sharehilders,dey culd hav decided to concil these informations and go ahead to be paying big dividends but no, dey decided to take d bull by d horn..i promise u these impairments will not cont. 4 eva ,which im ready to wait .PLS DIS IS MY PERSONAL OPINION.

Just as other banks are covering up bad books, Very possible too that the situation is worse than what FBNH management has presented to shareholders. We all receive what they are willing to disclose, which most times are polished. You can only vouch for disclosed contents if you are part of management with knowledge of the FACTS

@BullBearMkt ....No more BUY SIGNAL again abi SIGNAL dan die ....?

Transparency and integrity seems to be the watchwords for this new FBNH management. In my little opinion, FBNH will only stabilise their profit this 2017 since they will not have heavy impairments to clean up like in 2016. By 2018, no one will believe the profit/value appreciation for shareholders (Reason: continuous increase in heavy gross earnings with huge constant decrease in operational cost and loan impairments). Lets not project that of 2019. I humbly advise patience and for the new management as they are almost completing the hard task set by the board.
Please, this is simply my little personal opinion/understanding

lancee:





Which dividend ? This yr or next year .

Thanks

2016 Year end dividend was from other subsidiaries of FBNH, not the bank. (The bank makes up over 90% of the Holding Company).

Don't vouch for any company you're not part of the management or decision making.

Just do your DD and trade/invest as the spirit leads you.

Princkez:
bros do u know dat some of these NPL will start peforming by Q3,also i like d courage of this management as dey came up with all these impairment issues,dey opened up to their shareholders....many banks hav alot of NPL and are hidding it from d public in order 2 be declaring large PAT.I was at FBNH agm,one man enlighten us on how banks will presents fake cheques to auditors on 31st of every quarter ,as u know auditors work with what dey are prsented with,after d auditors are done den on d 1st of a new quarter those cheques will b classified as bounced cheque...dey keep rolling this over and over.Rem what eva report a bank presents is what we bilieve,even d auditors cant discover most of these things.We hav to respect this FBNH new management for opening up to sharehilders,dey culd hav decided to concil these informations and go ahead to be paying big dividends but no, dey decided to take d bull by d horn..i promise u these impairments will not cont. 4 eva ,which im ready to wait .PLS DIS IS MY PERSONAL OPINION.

Bro, I said key takeaways. And I mentioned "surge in PAT and EPS" going forward. That has factored in the 2 out of big 3 loans that are expected to be restructured this year.

I wanted my report to be free of personal opinion coloration. But if you want my personal opinion, my portfolio is now over 90% in FBNH and I plan to hold because no one knows the date and time the flight will begin. I also have confidence in the management and what they are doing.

I still advice JIJO, short-termers and speculators to stay away. Its a long-term risky play.

chillykelly86:


Thanks. I was there but I went about 1 hour late. Shareholders were already asking questions when I got to the hall.

Key takeaways:-

1. There will likely be big provisions for NPL again this year but not as high as in 2016.

2. Overall, we are expecting a surge in PAT and EPS from this year going forward.

3. FBN is taking a lead in transaction income (Non-Interest Income) due to its leadership in e-channels' market.

4. From what I gathered, (I came in late) I think NPL ratio is currently above regulatory level to pay dividends. FBNH allowed FBN Bank to retain all its earnings.

I don't expect a higher than normal dividend in FBNH.

They did not serve us item 7 oo, only colder than normal AC and a bottle of Ragolis water at the point of exit.

Do your due diligence. JIJO, short-termers and speculators, buying FBNH is at your own risk.

Thanks for Showing the summary.

You're welcome. I don't know if their charges are 1% of your total transaction cost plus other statutory charges for CSCS, Stamp Duty etc. I hope this helps? How much does Morgan Capital Charges? I choose ARM because they seem more established in other areas outside stock brokerage.

bobbyL:


Thanks a lot. What are their charges like, and their research reports? Would you recommend them?

I think Morgan Capital has the lowest transactional costs in the industry but I have come across too many complaints.

veecovee:
Shalom,

PLEASE ATTEND CHURCH ACTIVITIES REGULARLY

Hebrews 10:25 King James Version (KJV)
Not forsaking the assembling of ourselves together, as the manner of some is; but exhorting one another: and so much the more, as ye see the day approaching.

NOT JUST ANY CHURCH BELOVED. LOOK FOR A HOLINESS CHURCH VERY CLOSE TO YOU, LIKE "WATCHMAN" (they broke away from catholic church), "BIBLE MISSIONARY CHURCH", "DEEPERLIFE" (ohh! I love deeperlife monday bible studies, even thou I m not a member. It helps in building me, just walk into any deeperlife church worldwide by 7:00pm west Africa time, and you'll come out rejoicing.), "WORDPOWER", ETC. PLEASE DON'T GO TO HOLINESS CHURCH THAT USE ANYTHING HOLY, LIKE HANDKERCHIEF, WATER, SOAP, OIL, ANY CLOTHING AT ALL, ETC.

SHARE THIS.

MARANATHA.

House, I suggest we leave this brother, he is not a fanatic. I notice he only drop few inspirational lines every morning. After all we all allow messages in the markets and streets and other public places. Pls, maybe God will see how we tolerated his Word and help us make more money. Bible says without me you can do nothing. @veecovee, you are a blessing to me. God bless you more

stockish:
House, I suggest we leave this brother, he is not a fanatic. I notice he only drop few inspirational lines every morning. After all we all allow messages in the markets and streets and other public places. Pls, maybe God will see how we tolerated his Word and help us make more money. Bible says without me you can do nothing. @veecovee, you are a blessing to me. God bless you more

more blessing to you too

chillykelly86:


Bro, I said key takeaways. And I mentioned "surge in PAT and EPS" going forward. That has factored in the 2 out of big 3 loans that are expected to be restructured this year.

I wanted my report to be free of personal opinion coloration. But if you want my personal opinion, my portfolio is now over 90% in FBNH and I plan to hold because no one knows the date and time the flight will begin. I also have confidence in the management and what they are doing.

I still advice JIJO, short-termers and speculators to stay away. Its a long-term risky play.

infact u hav said it all,i dey ur back....we all smile atlast

sky2891:
Transparency and integrity seems to be the watchwords for this new FBNH management. In my little opinion, FBNH will only stabilise their profit this 2017 since they will not have heavy impairments to clean up like in 2016. By 2018, no one will believe the profit/value appreciation for shareholders (Reason: continuous increase in heavy gross earnings with huge constant decrease in operational cost and loan impairments). Lets not project that of 2019. I humbly advise patience and for the new management as they are almost completing the hard task set by the board.
Please, this is simply my little personal opinion/understanding

ed,i luv people like u who can see into d future..(e.g ..our G.O. SIR IHEDIORAMMA)may ur coast neva run dry.

stockish:
House, I suggest we leave this brother, he is not a fanatic. I notice he only drop few inspirational lines every morning. After all we all allow messages in the markets and streets and other public places. Pls, maybe God will see how we tolerated his Word and help us make more money. Bible says without me you can do nothing. @veecovee, you are a blessing to me. God bless you more

It's obvious that most people are no longer bothered about his posts, but the truth is, 'ignoring the facts does not change the fact' - most people are not comfortable with those beautiful post on this forum, so I believe respecting other people's opinion should be an important virtue of a good christain,even the Bible says try and be in peace with all men

agisky1975:
It's obvious that most people are no longer bothered about his posts, but the truth is, 'ignoring the facts does not change the fact' - most people are not comfortable with those beautiful post on this forum, so I believe respecting other people's opinion should be an important virtue of a good christain,even the Bible says try and be in peace with all men

Let's just leave him. People like him preach even in the buses and the Word of God is not meant to be accepted only when convenient. Bible says preach in season and out of season, Bible also says go yea into all the world and preach the gospel. So leave him, this place is still part of all the world. After all whose report should we follow? God's or man? Man says "don't preach" God says "go ye into all the world and preach". I think the brother is a die hard christian. The like of Paul who was tortured, stoned and even sent to prison many times for preach. Yet he continued. Pls let accommodate him, may be he'll bring in God's finger into our portfolios

When will union bank start selling their right issues and who are those entitle to it

During the week

A total volume of 15,848,874 units of 50 kobo each arising from the consideration for 56,161,661 Ashaka Cement Ordinary Shares of 50 kobo tendered by 2,535 shareholders of AshakaCem were added to the shares of Lafarge Africa Plc and itted to trade at the Exchange on Thursday 18th May, 2017.

Change of Company Name - Africa Prudential Registrars Plc has changed its name from Africa Prudential Registrars Plc to Africa Prudential Plc. This is sequel to the resolution ed by the company’s shareholders at its Annual General Meeting (AGM) held on 28 March 2017. The Company has since obtained a new Certificate of Incorporation from the Corporate Affairs Commission (CAC) bearing the new name. The change of name was implemented by The Nigerian Stock Exchange effective 15 May 2017.

bigtt76:
You're welcome. I don't know if their charges are 1% of your total transaction cost plus other statutory charges for CSCS, Stamp Duty etc. I hope this helps? How much does Morgan Capital Charges? I choose ARM because they seem more established in other areas outside stock brokerage.

Thank you. Yes it helps. I think Morgan Capital charges 0.25% but I came across some posts saying there are other hidden charges.

I am not really a JIJO person. I don't intend to use signals or indicators per se. More of fundamentals, that's why I need a reliable broker that I can also use their reports. From what I have seen so far, I really like FSDH‘s analyst reports.

Will check ARM's charges. Thanks again.

chunkuli:
still go with morgan if u intend to jijo frqently

Thanks a lot.
There was a time I saw complaints of hidden charges, as well as poor customer service. They were also suspended at a point in time. for JIJO, won't that be a problem? I know their trading platform is directly linked to the NSE's trading engine but is there any other stockbroker linked in the same way?

I don't really want to do JIJO but it is possible I want to exit shortly. I just don't want a broker that is prone to disappointing it's customers.

If you use Morgan, please share your experience. And other people too. Please help. Thanks.