Homextras:

MESHPIPS, we are truly sorry!

Speak for yourself, you are sorry.

Valueinvestor:


Even if it gets to N1.00 some people will still not buy out of fear.By then another element of fear such as delisting will come up

That one is a good news o.
Delisting zenith.Do you know know how much the new investor will pay?

The highest news on any stock is bankruptcy.
Like starcomms of the old

When Meshpips saw gtb at 19 some people were like even if Mr Ibu becomes the president of Nigeria,gtb cannot come that low,now gtb touched 19 and they are still scared to buy

emmanuelewumi:



Haba !!!!

You buy at N1.00 and earn a total dividend of N2.80k

..End of all the banks in Nigeria

emmanuelewumi:



Haba !!!!

You buy at N1.00 and earn a total dividend of N2.80k

Sir even N2.80 Div at a price of N5 + looks like daylight robbery to me .Maybe special Div sha

lancee:



..End of all the banks in Nigeria

Nothing is impossible, the market can be irrational.

3 years from now some people will wonder why they didn't buy Zenith when it was offered at N13.00, some people suggested km 9.
It is good, will continue to buy in tranches till it gets to that price

locodemy:


That one is a good news o.
Delisting zenith.Do you know know how much the new investor will pay?

The highest news on any stock is bankruptcy.
Like starcomms of the old

Oga Loco ,you better run or ask questions when you zenith at such a price

Valueinvestor:


Sir even N2.80 Div at a price of N5 + looks like daylight robbery to me .Maybe special Div sha

Still a good deal at today's closing price of of N12.05

Valueinvestor:


Even if it gets to N1.00 some people will still not buy out of fear.By then another element of fear such as delisting will come up

End of all the banks in Nigeria

when that time comes, the level of NPLs and write-downs will be unprecedented in Nigerian Banking industry. Zenith can write off 450b in loans and Access bank 750b or 1 trillion sef. First bank will just ask depositors to go and collect their deposits from CBN.

lancee:



..End of all the banks in Nigeria

emmanuelewumi:



Nothing is impossible, the market can be irrational.

3 years from now some people will wonder why they didn't buy Zenith when it was offered at N13.00, some people suggested km 9.
It is good, will continue to buy in tranches till it gets to that price

Well said oga mi.. in tranches at it goes lower

Are we sure that the same level of dividend will be possible come next year? I am not that optimistic.

emmanuelewumi:


Still a good deal at today's closing price of of N12.05

emmanuelewumi:



Nothing is impossible, the market can be irrational.

3 years from now some people will wonder why they didn't buy Zenith when it was offered at N13.00, some people suggested km 9.
It is good, will continue to buy in tranches till it gets to that price

You have said it all sir, when a stock is cheap from your valuation,the idea is to start buying on a scale down,
Undue pessimism makes one loose opprotunities

rebekah2011:
when that time comes, the level of NPLs and write-downs will be unprecedented in Nigerian Banking industry. Zenith can write off 450b in loans and Access bank 750b or 1 trillion sef. First bank will just ask depositors to go and collect their deposits from CBN.

; Cbn will print more money and give depositors

emmanuelewumi:


Still a good deal at today's closing price of of N12.05

You are very right sir

Homextras:

MESHPIPS, we are truly sorry!

Sir,

thanks for this. You weren't one of those that wrongly accused me yet you are quick to apologize.

There is a lot we all can do together.

We've got great days ahead.

To our success!!!

Intendy:
Stocks with new 52 week lows

GTB #19.90k

NB #33.00k

Oando #2.10k

Lasaco #0.20k

Zenith Bank #12.05k

ETI #4.85k

Cadbury #6.00k

Nascon #10.55k

Conoil #14.60k

Sterling bank #1.27k

Nestlé #915.30k

Zenith, GTB, Nestle and Sterling all coming to Zaddy....

Coolcash1:


Zenith, GTB, Nestle and Sterling all coming to Zaddy....

I trust u sir. .Man with the coolestcash ...No more Access bank

Missed Nestle last time 05/06 @N 650 still dey ask my self why I missed it ..will keep watching it

rebekah2011:
Are we sure that the same level of dividend will be possible come next year? I am not that optimistic.

Please don't buy, if you have the opportunity to sell your holdings please do.

RabbiDoracle:


I know all these and I am factoring them into my analysis.

I have also factored if Zenith keeps losing 10% full offer till Friday, it will trade at 9.8

If it continues on full offer till next week Friday, it will be N5.85.

I am closer to the ground buying now till next week than if I bought at N24 in January 2020.

So Dow should fall to 21K7 first and let's hear from Dede Powell.

Dem must print money nonstop.

Maybe when Q1 results start pouring in . It is too early to do that now

As for me, I no send, let the crude oil get down to $10, Let see what Russia and USA are made up with. OPEC should supply more crude to the market and allow the price of crude to fall further. Russia and other non - OPEC members think that falling will not get to $38. But now it's bellow that.

lancee:




Me & oga mi Myjoy08 used to be in the bull gang those days ..Now una don change to Bear bear bear gang now ..

Maybe after devaluation my oga go join us back . Bureau D

My Oga, there’s no permanent enemy in this market...it is all about individual interest. Global economic outlook is bearish for 2020. Maybe Q4 we will restrategize again. It is all about facts...no needs to trade emotion in this market

It's well

Mcy56:

Lol. I'm looking forward to the day he will post positive news Insha Allah.

Aunty Mercy

emmanuelewumi:



The guy is so scared, he is scaring people to console himself and admit more people into the scared gang.

LOL $1 to N410...

rebekah2011:
Are we sure that the same level of dividend will be possible come next year? I am not that optimistic.

High probability of not being attained

but i think worst case scenario 60-70% of prior year shld be achievable by the bank, and tehy wld fully bounce back by 2021 barring any other major world dislocation

When fundamentally sound stocks are selling at low prices that is great opportunity to create wealth for investors.

Godisfaithful:


My Oga, there’s no permanent enemy in this market...it is all about individual interest. Global economic outlook is bearish for 2020. Maybe Q4 we will restrategize again. It is all about facts...no needs to trade emotion in this market

Got u sir ..No emotion ..Just a process of wealth transfer way i see it

emmanuelewumi:



Please don't buy, if you have the opportunity to sell your holdings please do.

Is this sarcasm sir??

thebargainhunte:


Is this sarcasm sir??

He is sceptical and I tried to encourage his scepticism

meshpips:


@rabbidoracle,

. . . Oshogbo weed abi?

Orace was right there my dear, we wouldn't have seen GTB at 18-19 if not for the corona v and oil crash.

Tell yourself the truth ... No one knows that these two stuffs were coming.

Sometimes we predict up and the market goes down. Apparently, the market must either go up or down, and you maybe right sometimes. So this shouldn't make you think that you know tommorow.

veecovee:


Orace was right there my dear, we wouldn't have seen GTB at 18-19 if not for the corona v and oil crash.

Tell yourself the truth ... No one knows that these two stuffs were coming.

Sometimes we predict up and the market goes down. Apparently, the market must either go up or down, and you maybe right sometimes. So this shouldn't make you think that you know tommorow.

A broken clock is right twice day
Abeg I am not insinuating that somebody is broken o