Bianco1:
Is the bubble coming......fear, pride or greed? Are they monkey hunting? Experts your take....

https://trwstockbrokers./2018/02/24/can-the-nb-price-fall-continue/

If prices are elevated and investors don't want to buy, it will continue to fall until an equilibrium is reached. Sometimes it could be exacerbated by herd selling.

Once the low price is reached, you calculate your measure of safety, estimate your possible DY and possible price of a exit and then buy.

Bianco1:
https://www.vanguardngr.com/2018/02/modern-cattle-ranching-begins-ondo/

This is what the country needs now - there's a problem and some people found the solution....jobs, peace, profits etc. will follow with government support. #Hope

It is done in Anambra where an Ibo business man meets with the chiefs and sets up ranches deep inside the bush. The business man already has contacts with the Fulani business man for constant supply of cows. He employs Fulani herdsmen to help take the cows into the bush for grazing far away from farmlands. The community knows that the cows are assets of the Ibo man and the herdsmen are employees. No crop is eaten, and the villagers are at peace.

Onuokwu:


Thanks. Me thinks a couple of names will displace a couple of names here by Mid April.

Because they can't meet up. Results will separate boys from men.

Agbalowomeri:


If oil hit back above 70 they will all move back above year high by May, irrespective of results

Monkey hunter spotted

DOLLARTEX:
Lattest portfolio of buffet.was thinking gtb will feature,for where.

Market Capitalization of GTB is around $4.2m.

Check the list again and see that most of his stocks at purchase prices are in billion USD. Then imagine what the capitalization of the company would be.

IchimokuPilot:


Bros, cutlass no gree sharpen sef.
RabbiDoracle fled with our sharpening tools, we are using stones....

buy another sharpening tool.

IchimokuPilot:


Sure.
No one wants to buy monkey on top tree for now.
Operation show CP your numbers and collect price tag....

People can still buy if it is sure that was the monkey that took the N70m.

Discipline and coordinate your life properly, don't dress anyhow, don't talk anyhow, don't eat anyhow, don't do things anyhow . Happy sunday brother's and sister's in the LORD .

RabbiDoracle:


Market Capitalization of GTB is around $4.2m.

Check the list again and see that most of his stocks at purchase prices are in billion USD. Then imagine what the capitalization of the company would be.

It should be in $ Billion and not in $ Million.

The shareholders funds should be in the region of over $1 billion, the market capitalisation of GTB should be more than the figure you quoted.

emmanuelewumi:


It should be in $ Billion and not in $ Million.

The shareholders funds should be in the region of over $1 billion, the market capitalisation of GTB should be in than the figure you quoted.

GTB has a market capitalisation of about N1 Trillion, do the math and convert to dollars.

emmanuelewumi:




GTB has a market capitalisation of about N1 Trillion, do the math and convert to dollars.

Oracle never wake up fully

i have discover Oracle mattress

be expecting snake soon

RabbiDoracle:


Market Capitalization of GTB is around $4.2m

Check the list again and see that most of his stocks at purchase prices are in billion USD. Then imagine what the capitalization of the company would be.

$4.2 billion as market cap is approx NGN 1.45 trillion:

https://www.reuters.com/finance/stocks/overview/GUARANT.LG

DaV8King:


$4.2 billion as market cap is approx NGN 1.45 trillion:

https://www.reuters.com/finance/stocks/overview/GUARANT.LG

Wow but Buffett don't have strength for Nigeria matter

currentprice:
i have discover Oracle mattress

be expecting snake soon

The monkey instead.. the snake can't swallow much

Agbalowomeri:
Oracle never wake up fully

The shayo we had last night never clear for hin body.

Lol @ snake and the monkey shadow

emmanuelewumi:


It should be in $ Billion and not in $ Million.

The shareholders funds should be in the region of over $1 billion, the market capitalisation of GTB should be more than the figure you quoted.

Thanks jare. Na error.

emmanuelewumi:



The shayo we had last night never clear for hin body.

Agbalowomeri:
Oracle never wake up fully

currentprice:
i have discover Oracle mattress

be expecting snake soon

Chai.....

Yayira:
Lol @ snake and the monkey shadow

The next one will be goat and bingo that will be accused

Afriprud PAT for my dream; 1,780,000,000
Let's see how good my dreams are

Let's have some thing to think about as we enter into results week.

Between July 2017 and August 2017, NAFEX rate for foreign investors increased from N306 to N360 per $1. CBN Official rate is still N305 to N306. I think interbank rates have also gone up.

Banks that have FX loans and assets recognised gains on FX assets and loss on FX liabilities as at 2016 Year end. With the black market rates converging with the NAFEX rates and this NAFEX rates seems to be a benchmark for FX conversion now, what is the outlook for the performance of banks in 2017 Year end? We know those banks that recognised FX gains in the assets they had. What will be their fate now that they have put the FX assets to use at maybe 305 or 306? With the trending rates now, will they increase their exchange rate from 306 to 359/360(NAFEX rate)?

If they do, this should have big negative impact on their profitability.

Agbalowomeri:
Afriprud PAT for my dream; 1,780,000,000
Let's see how good my dreams are

Why do I have this strange feeling that Agbalowomeri downloaded that result before it was taken down. :

Cadillac15:



Why do I have this strange feeling that Agbalowomeri downloaded that result before it was taken down. :

Your feelings na from village

RabbiDoracle:
Let's have some thing to think about as we enter into results week.

Between July 2017 and August 2017, NAFEX rate for foreign investors increased from N306 to N360 per $1. CBN Official rate is still N305 to N306. I think interbank rates have also gone up.

Banks that have FX loans and assets recognised gains on FX assets and loss on FX liabilities as at 2016 Year end. With the black market rates converging with the NAFEX rates and this NAFEX rates seems to be a benchmark for FX conversion now, what is the outlook for the performance of banks in 2017 Year end? We know those banks that recognised FX gains in the assets they had. What will be their fate now that they have put the FX assets to use at maybe 305 or 306? With the trending rates now, will they increase their exchange rate from 306 to 359/360(NAFEX rate)?

If they do, this should have big negative impact on their profitability.

There needs to be clarity on the impact of this 'devaluation' on the assets and liabilities of banks. In my opinion, those banks which did not raise Foreign currency funds after July 2017 may be hit by the impact of naira h USD movement from 306 to whatever (interbank or NAFEX rates).

Was that why GTB quickly settled the FX loans they had? Was that why Fidelity quickly settled the FX loans they had and got another one? Which other bank raised FX funds?

It will be interesting going forward.

Agbalowomeri:


Your feelings na from village

It's confirmed then. Guyman Give your guys clues ooo.

Wetin dey the result

Cadillac15:



It's confirmed then. Guyman Give your guys clues ooo.

Wetin dey the result

If the result was fantastic, then it should be on full bid.

You must not make money from every stock.

Cadillac15:



It's confirmed then. Guyman Give your guys clues ooo.

Wetin dey the result

Chai village people bad o

RabbiDoracle:


If the result was fantastic, then it should be in full bid.

You must not make money from every stock.

True bro. Just for information sake. Not a fan of its volume so can't be found here

DaV8King:


$4.2 billion as market cap is approx NGN 1.45 trillion:

https://www.reuters.com/finance/stocks/overview/GUARANT.LG

Zenith also joins GTB with coy's above N1 trillion mkt cap

Which bank will be d next to join the TrillionGang ?

Current Status
1) Access N376 bln
2) FBN N419 bln
3) UBA N442.88 bln
4) Ecobank N474 bln