frond:

This oando stock is voodoo investment. Any company that goes to the market to raise twice as much as its current working capital/assets will gamble the money. The capital raised has not been tested, then how do you price or value freshly raised capital. This is just as if the company is starting business afresh. I wonder what are the people buying in oando shares. This was what led to the failure of our Banks: raised money from shareholders, gambled with the money because they didn't know what to do with and falsely assured by our central governor that all was well with our banks. If you have to buy the stock it should be for very very short time. For me I am out, I have learnt my lesson.

nereiskc: oga, I hv already bailed out as I said in my post. Am waiting to take position in other stock as we wait 4 companies result...lol

mercylicious:

Hope he is not ur oga at the top.

I just heard rumour dt access bank result is not dt fantastic
Sumone plz confirm this. If they release a bad result, all the banking share price will plumet. Guys please investigate further. This is for the benefit of those dt have banking shares.

mercylicious:

Hope he is not ur oga at the top.

I just heard rumour dt access bank result is not dt fantastic
Sumone plz confirm this. If they release a bad result, all the banking share price will plumet. Guys please investigate further. This is for the benefit of those dt have banking shares.

Born 2be Rich: Currently about N602,757,139 is being pumped into ETI at the moment...

I just wonder the news that is going to come out very soon

chillykelly86: By the way, I looked at C & I Leasing this past week and it didn't look so good to me.
With their share float on Proshare, of 800 & something million, it appeared to have one of the best PEs on the exchange, even better than NEM's. But when I saw their share float on other websites(though all conflicting, the common denominator of them all is that they're all about twice or more that quoted by Proshare), including NSE website, it didn't seem as cheap as it is portrayed.
Add that to the declining profits.

stockbull: is it a government financed company? A corporate company gambling! Oando is expanding her coast in business and intend to venture in other businesses since oil is now discovered in many african countries and in many parts of america and also to strengthen their current business so as to be vibrant.

9free:
NEM remains the cheapest stock on the exchange and am still accumulating. Also waiting for Ikeja Hotel @50k

valacious: Morning my oga at the tops, any good stock pick for the week?

Born 2be Rich:

Bros, i think everybody is waiting for the market to start bringing in the result...It is the only way for now to know which stock is hot or not

Nobody like surprises so lets wait...

Born 2be Rich:

It is only one person that i know can actually make this kind of statement....Abi na my oga from the other corner

Born 2be Rich:

It is only one person that i know can actually make this kind of statement....Abi na my oga from the other corner

mercylicious:

Hope he is not ur oga at the top.

I just heard rumour dt access bank result is not dt fantastic
Sumone plz confirm this. If they release a bad result, all the banking share price will plumet. Guys please investigate further. This is for the benefit of those dt have banking shares.

chillykelly86:
It may not be unconnected with their issue with Capital Oil who is in some other case with AMCON. If it is so, it should be expected to be a one-off payment and they should return to profitability soon. For medium & long term investors, it will be an opportunity to mop up(that is if the price is even beaten down in the first place).

As for the effect on other banking stocks, ... I will only say, in d words of A great SMNite, "for every seller, there is a buyer and the future will prove one of them to have made a mistake"

Omexonomy: What about wema bank i want to start buying it in large quantity. Some should please advice me so as not to get my money tied down.

Omexonomy: What about wema bank i want to start buying it in large quantity. Some should please advice me so as not to get my money tied down.

Seun:
Don't buy a stock in large quantity based on hearsay and speculation. If you can't analyze stocks, you should buy a little bit of this and a little bit of that from time to time, so that you won't have any big losses unless the entire stock market crashes.

courage89:
Why do you like Wema Bank?

Seun:
Don't buy a stock in large quantity based on hearsay and speculation. If you can't analyze stocks, you should buy a little bit of this and a little bit of that from time to time, so that you won't have any big losses unless the entire stock market crashes.

courage89:
Why do you like Wema Bank?

Omexonomy: What about wema bank i want to start buying it in large quantity. Some should please advice me so as not to get my money tied down.