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Skyebank Shares. What Is Your Opinion. - Investment - Nairaland

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Skyebank Shares. What Is Your Opinion. by Ibime(m): 6:46pm On Feb 01, 2008
I am a Nigerian living in UK. I just wanted to know you guys opinion on the Skyebank share offer. Is it worth it or not? Is the bank financially sound? Your input is appreciated.
Re: Skyebank Shares. What Is Your Opinion. by Nobody: 8:58pm On Feb 01, 2008
Skye bank is great and I think their shares is one of the best in the stock market. They have been on the increasing level with corporate and government services.

I just bought some thousand units days ago and I was cool with it. One of the reasons I bought their shares is because they have this collaboration with Lagos state government with government worker's payment, so they are growing stronger and stronger. I will advice anyone interested to go for that.

The price is N14/Unit and the minimum unit is 1000.
Re: Skyebank Shares. What Is Your Opinion. by invisible2(m): 10:41pm On Feb 01, 2008
Skye bank is a good offer only because all banks in this country are making crazy profits, including skye bank.

However the problem you will have will be this oversubscription thing and so a larger % of your money will be returned to you as unalotted.

I will advice you thread with caution. There is a banana skin lying on the public offer floors.

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