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Nairaland Forum / Nairaland / General / Investment / Btw Zenith And Bank Phb Which Should I Buy Shares (2073 Views)
What Happens To My Bank Phb Shares? (2) (3) (4)
Btw Zenith And Bank Phb Which Should I Buy Shares by floreb(f): 12:18pm On Dec 06, 2007 |
Pls Dear Nairalander am new on this shares stuff, i have some money up to 100k and i want to use part of it for this bank shares. At first when i heard of Zenith coming out, i intended buying up to like 40k and maybe bank PHB 20K. But it seems that the Zenith PO IS very expensive or is it not, cos am considering selling maybe after one year and am imagining how much that will be as N36.90 now So Dear nairalander and businessmen advice and is Bank PHB good one to buy there too |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by BabsO2(m): 7:43pm On Dec 06, 2007 |
Zenith has better brand name and more established than BankPHB in current business volume. This may make it to continue growing aggressively especially since 90% of the capital to be raised by Zenith will be used for Working Capital / Project / Infrastructure Financing. Unlike Bank PHB that will be spending about 48% in such ventures. However this is the 3rd run of Zenith in the market and has already made money for branch expansion etc that BankPHB is just going for in this its first Public Offer Run. With time it is possible BankPHB will get its Brand name as strong as Zeniths. On the current offer statistics basis, BankPHB looks better. Comparing BankPHB/Zenith 1. Forecast PE's are better. (2008, 2009, 2010 = 13.7/20, 7.9/14, 6.1/10) i.e. the offer prospectus says you will recover your investments faster in BankPHB. 2. Current Price / Book is about same. But BankPHB will have a better post offer price to book as there are less shares / market capitalisation at the moment. 3. Forecast Dividend is mixed. (2008, 2009, 2010 = 2.2/2.7%, 3.8/3.1%, 4.9/3.5%) i.e. the offer prospectus says you will get more dividend yield with BankPHB in future. The final decision is yours. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by Dividends(m): 8:14pm On Dec 06, 2007 |
I'll refrain from running down any institution here but I think the last poster did a good analysis. The final decision is yours. Personally (I don't know why), I'm in love with the Zenith brand and I think it's one that has come to stay. President Yaradua's biz interests in Bank PHB also makes it an attractive buy (although anything can happen at the Elections Tribunal). Sound decision leans in the direction of buying both stocks (cos they have great chances of doing VERY well) and watching the market keenly. U can't afford to invest and go to sleep. Call 01-2783264, 08030479052 or 08076519789 for FREE counsel. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by tonmax(f): 2:11pm On Dec 10, 2007 |
If you buy your IPO thru ur broker, will he still be entitled to his brokers commission?? |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by wanaj0: 3:38pm On Dec 10, 2007 |
tonmax: He will be entitled to receiving agents commission (1%) but you are not the one paying for it. floreb: If it is the PO, I will say none. Your money may be refunded. Just go and buy on the floor. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by tonmax(f): 5:19pm On Dec 10, 2007 |
@wanaj0 Thanks for the response! |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by yodiyokun(f): 5:24pm On Dec 10, 2007 |
wanaj0: Not if he is just buying 1000 units |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by floreb(f): 9:01am On Dec 11, 2007 |
Please Dear Nairalander am new on this shares stuff, i have some money up to 100k and i want to use part of it for this bank shares. At first when i heard of Zenith coming out, i intended buying up to like 40k and maybe bank PHB 20K. But it seems that the Zenith PO IS very expensive or is it not, because am considering selling maybe after one year and am imagining how much that will be as N36.90 now So Dear nairalander and businessmen advice and is Bank PHB good one to buy there too (wanaj0) If it is the PO, I will say none. Your money may be refunded. Just go and buy on the floor. wanaj0, pls i need your advice can we talk? or chat? |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by wanaj0: 10:56am On Dec 11, 2007 |
floreb: Yes we can!!!! Holla at me. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by floreb(f): 11:04am On Dec 11, 2007 |
wanaj0 tell me what do i do. i thought the one zenith is selling is PO, so how do i buy the IPO? can you give your yahoo mesg id for us to chat? |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by wanaj0: 11:11am On Dec 11, 2007 |
floreb: ade_aoa. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by floreb(f): 11:34am On Dec 11, 2007 |
[tr][table]wanaj0 tell me what do i do. i thought the one zenith is selling is PO, so how do i buy the IPO? can you give your yahoo mesg id for us to chat? ade_aoa.[/table] [/tr] i hope your ID is @yahoo because i just added you. hope you are online[tr][/tr] |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by wanaj0: 11:36am On Dec 11, 2007 |
floreb:yahoo.com. I am online now but yet to receive your request. let me have your own also to amke things fast. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by damidgreat(m): 11:35am On Dec 12, 2007 |
in every generation there is an idea.invest in the idea and watch your investment grow to amazing proportions! |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by mercydoor: 11:38am On Dec 12, 2007 |
you are right!! |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by BabsO2(m): 5:12pm On Dec 12, 2007 |
Yes the idea will yield 100% in a year if you position and own the idea. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by Iyomike(m): 10:26pm On Dec 14, 2007 |
If you want to sell within 1 to 2 years, the basic rule of tumb for shares is that the cheaper the better. Cheaper shares rise faster than more expensive shares, no matter how good the company is. trust me i have proved it a number of time in my investment. A good stock broker would advice you buy for e.g the AIICO shares going for about 3naira now because in a year or two it would sell for 7 to 9 naira ie 2 to three times it present value. while the good old Zenith bank shares would just about add 10 - 15 nara which is stil lest than 50% of it present value. So buy bak PHP if you must buy bank shares! Sekina! |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by abocana: 6:10am On Dec 15, 2007 |
iyomike! i will like to inform and thanx u for your statement is making me to buy PHB shares. Can someone kindy tell me when the shares of PHB is closing? i will be greatful,if i can see the form to download. I wanna fill,sign and send it to nigeria through a friend coming home next week wednesday 19 december. I hope i can still meet up! i wish to buy up to 15,000units. Thank guys. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by abocana: 6:10am On Dec 15, 2007 |
iyomike! i will like to inform and thanx u for your statement is making me to buy PHB shares. Can someone kindy tell me when the shares of PHB is closing? i will be greatful,if i can see the form to download. I wanna fill,sign and send it to nigeria through a friend coming home next week wednesday 19 december. I hope i can still meet up! i wish to buy up to 15,000units. Thank guys. |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by Iyomike(m): 9:42am On Dec 15, 2007 |
abocana, Get the details here http://www.bankphb.com/bankphb/ic.asp?page=7&link=11. offer is ending 19th Dec. Hope you can make it |
Re: Btw Zenith And Bank Phb Which Should I Buy Shares by abocana: 2:43pm On Dec 15, 2007 |
I wouldn't wanna used my credit card to buy share online, i prefer to buy it through my broker. I had been told about the 2 week grace given to brokers, my form will be in nigeria on the 19th dec the closing date. i will try and make sure they pay it on the last week of the month 27or 28dec due to holidays. I HOPE IT SHOULD BE OK. Please,kindly let me know before making the moves. Thanks very much and god bless. |
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