vacanci:


So Unity bank, Heritage Bank, Keystone bank, Polaris, SunTrust, Sterling and providus banks all pass the stress test abi?

Ositadima2:
From subjective TA analysis.

Eti: entry at 18 or below, min target at 22 (usual 20%).

yak:



Since Oceanic, PHB, and other banks that looked robust failed, I don't trust any Nigerian bank again.
There are lots of things we may not know

megawealth01:
E don turn jijo

Ositadima2:


In light of the stress test results, the CBN is likely to intensify its scrutiny of banks. This could lead to stricter regulations and higher compliance costs for financial institutions, potentially impacting their earnings.

If ETI is not included in the list as mentioned by OGG, then it stands to reason that ETI's would move up (this one is SA).

Ositadima2:


In light of the stress test results, the CBN is likely to intensify its scrutiny of banks. This could lead to stricter regulations and higher compliance costs for financial institutions, potentially impacting their earnings.

If ETI is not included in the list as mentioned by OGG, then it stands to reason that ETI's would move up (this one is SA).

customstreet:
And the stock is

Infinity Trust Mortgage Bank

Though illiquid

Locotrader:
This is multiverse @ 9.39.

Solid mineral stocks will make people stinkingly rich.

Start looking the way of Japaul now

MrEja:


japaul mgt no serious, all these years, what dividend have they given there investors? no dividends, no capital appreciation..

yMcy56:
Pullback in market..... especially in banking stocks....

Opportunity to keep eye on price movement and key into some of the banks at bargain entries in my opinion......

*FMN...

FBNH @23.85 in market.......
UBA @22...
ACCESS@19.90/19.95...

ojeysky:


Is it meristem interface that is faulty because there seem to be zero bid for FBNH. Looks like the stuff transitioned to full offer big time

Deadlytruth:

Has multiverse management given any dividend too? I am at loss as to your claim that Japaul has not recorded capital appreciation all these years. Only if you know it has delivered over 1500% capital appreciation from early last year to this time. Anyway Japaul is for traders and not for investors to warrant looking out for its management's seriousness or otherwise.

vacanci:


Its already on full offer.
When a bid of 23.85 being the lowest that is permitted is placed, it gets cleared immediately.

As of this moment, nobody wants to buy it above the lowest price for today

yMcy56:
Pullback in market..... especially in banking stocks....

Opportunity to keep eye on price movement and key into some of the banks at bargain entries in my opinion......

*FMN...

FBNH @23.85 in market.......
UBA @22...
ACCESS@19.90/19.95...

BabsO2:


Looks like strategic mopping of FBNH is still on. The buyers are currently buying patiently in small bid tranches or picking offers up as they show instead of showing the bids. With a tactic of pulling down the price till another aggressive buying ops come up when the bullion van is fully reloaded.

BabsO2:


Looks like strategic mopping of FBNH is still on. The buyers are currently buying patiently in small bid tranches or picking offers up as they show instead of showing the bids. With a tactic of pulling down the price till another aggressive buying ops come up when the bullion van is fully reloaded.

Ositadima2:


In light of the stress test results, the CBN is likely to intensify its scrutiny of banks. This could lead to stricter regulations and higher compliance costs for financial institutions, potentially impacting their earnings.

If ETI is not included in the list as mentioned by OGG, then it stands to reason that ETI's would move up (this one is SA).

vacanci:
Its already on full offer.
When a bid of 23.85 being the lowest that is permitted is placed, it gets cleared immediately.

As of this moment, nobody wants to buy it above the lowest price for today

Ositadima2:


Is ETI on full bid?

vacanci:
with Ote$, you can be sure FBNH is jus on gear 2. 3 more gears to go

Pesuzok:
Aside from the fear of delisting Oando, all eyes should be on the day oando will conclude with Naoc. Expect massive bull from that day.

Buying NAOC makes oando an operator in the E&P

mikeapollo:


PLEASE TAKE NOTE: 5 SHAREHOLDERS APPLY TO FED. HIGH COURT TO SET ASIDE ORDER TO DELIST OANDO
I just read that some 5 shareholders have applied to the Federal High Court to set aside the order granting OODP the the right to acquire minority shareholdings in OANDO PLC.

This could mean a new twist in the whole case.

Source: see a reader (Abiodun-Johnson's) comment in the link/page below
https://nairametrics.com/2023/12/06/court-adjourns-oandos-minority-stake-acquisition-case-to-february-5-2024/

mikeapollo:


PLEASE TAKE NOTE: 5 SHAREHOLDERS APPLY TO FED. HIGH COURT TO SET ASIDE ORDER TO DELIST OANDO
I just read that some 5 shareholders have applied to the Federal High Court to set aside the order granting OODP the the right to acquire minority shareholdings in OANDO PLC.

This could mean a new twist in the whole case.

Source: see a reader (Abiodun-Johnson's) comment in the link/page below
https://nairametrics.com/2023/12/06/court-adjourns-oandos-minority-stake-acquisition-case-to-february-5-2024/

mikeapollo:


PLEASE TAKE NOTE: 5 SHAREHOLDERS APPLY TO FED. HIGH COURT TO SET ASIDE ORDER TO DELIST OANDO
I just read that some 5 shareholders have applied to the Federal High Court to set aside the order granting OODP the the right to acquire minority shareholdings in OANDO PLC.

This could mean a new twist in the whole case.

Source: see a reader (Abiodun-Johnson's) comment in the link/page below
https://nairametrics.com/2023/12/06/court-adjourns-oandos-minority-stake-acquisition-case-to-february-5-2024/

Nigerialabalaba:

Ogami, Multiverse dey pay dividend. Just Google am nah.

I even hear say na only dem be d only mining company wey get mine and wey dey for Naija sef.

KarlTom:
A link or case number would be good.

Regardless, OandO is destined to rise considering all the recent acquisitions and partnerships.

Nigerialabalaba:

Ogami, Multiverse dey pay dividend. Just Google am nah.

I even hear say na only dem be d only mining company wey get mine and wey dey for Naija sef.

Dat Japaul neva even start mining sef. Oga locomotive locotrader dey whine us wen e dey call Japaul mining company wey Japaul neva get shishi mine or dey produce any mine product sef. Weneva I buy Japaul na for trade ,dassall.

Even julius Berger sef get quarry like multivere but Japaul no get quarry, no get mine, na only dat dredging contract for Lekki and now wey dem dey plan to buy small companies wey get gold mining license o.

I go still dey trade Japaul because d stock dey give money but I no dey buy am because of mining. As for now o, Japaul no be mining company na only Multiverse be d only mining company wey dey do mining and dey sell mine products.