₦airaland Forum

This Skye bank result is so poor. Their total asset and SHF is almost the same thing as Stabic WHEREAS stanbic returned Q3 PBT of N30B+ WHILE Skye returned PBT of N12.3B+. I wonder how SKYE will get the remaining 80% (100B) to pay for MAINSTREET acquisition

Stanbic is prudently managed and i can categorically say their result is the best so far in the banking sector results released so far

@FranklinRich - You captured it well, i cut my minimal losses on FBNH & Zenith too BUT i just can't do same on UBA where i am fully exposed, i've turned the investment to LONG TERM

Joysmart:
I had a nice time with a bitl today mehn it's such a great feeling when a virtual brother suddenly turns real. I'm still feeling good

hmmmmmmmmmmmm, this seems to be more than nice time. Make hay while the sun shines

Good morning all, i'm wishing you a greenish portfolio this week.

I think cash is king at the moment.

this UBA result is nothing to write home about

The Surprising New Math of Acquisition of Banks in Nigeria – The Skye Bank Case

http://www.proshareng.com/news/24775

B-R-E-A-K-I-N-G:New CBN rule says banks can no longer pay dividends if they don't meet capital adequacy ratio

Diamond Bank MD, Alex Otti resigns to contest for Abia governorship

immanuello:
Well,sir,what i can simply say concerning this strong banks gtb and zenith;they are coping and maintaining the pedegree we all know them for,so in this difficult tightening terrain maintaining d status quo is what both are doing while others faltered in this line especially the inefficiently managed banks like Skye banks and some tier 2 bnks.This time is an acid test time for banks which has made my hypothesis validated by the quality of management in managing efficiently under good corporate practice and ethics.

I concur especially on Zenith, with the trade value almost N1B yesterday, the stock still managed to gain a lil fraction

Dexter letting cowboy things out in the open. I fear fear . For all i care, make una visit UBA make i comot my equity ASAP

myjoy08:
Sir, probably anytime from next week if not tomorrow. The result is ready.

Thank you sir for the info

Anybody with info on when Transcorp Q3 FS will be out?

amustsuccess:
hahahahahaha..... funny you. I will give them a call. Are trades initiated at a click?

Nope, Double click

Hellooooooo, it's dry in here, what is happening?
I have exposure in 3 banks but i've succeeded in bailing out of 2 (recovering my principal + lil interest that can buy VSOP) with the exception of UBA which is still way below cost price

The effect of Basel II on banks is to ensure sufficient capital Adequacy Ratio to withstand Shock incase of any eventualities in the local financial market or globally as the case may be. Most banks fell short of the min capital requirement by CBN after applying Basel II computation for their June CBN returns (15% for banks with int'l presence and 10% for local banks) which explain the reason why right issue is in vogue for most banks at the moment. Basel II also ensure banks make full disclosure via the term Market Discipline and effective Supervisory Review.

Many of you guys won't understand what is @ stake, i'm very exposed to bank stocks after i pulled out of Oando and based on average gain of 5% today on the stocks in my portfolio, i just need n average gain of 3% to break even.

NB:I'm talking from my own perspective. I posted that line cos i've been in that shoe b4 - selling @ a loss only for the market to make U-turn the next day.

Aks:
Seriously exposed to UBA (I dey fear fear on this stock) and Zenith (No qualms on this, i bought @ N22.69 and i know it'll climb up soon). My advice - If you have bank stocks, pls don't do panic SELL and incur LOSSES, when their result start trickling in, the tide will surely reverse irrespective of the Looming IPO. Cowboys will def shoot up the price and fix a good IPO price. E.G. If FBNH decide today aspa right issues, it can't be less than N12+

I pity those guys who sold their shares @ a loss last week, a lil patience is what is required. This greenish start on NSE is a good sign of things to come

.

[quote author=donmarshia post=27294733][/quote]This man dey ask question ooo. Dexterax- pls help us address his concern in a nice way

Vetiva is for High end customers/Institutional investors but all the same, i don't know the depth of your pocket and i can't categorically tell more of it. Google Vetiva and others to get more details.
Meritrade and Morgan Capital (Online, real time trading and negligible brokerage fee is their advantage) are very good options. I use Morgan Capital

A greenish and Bullish week to all, somebody should wish UBA stock well.

Forecast: "We see a sustained bearish sentiment in tomorrow’s trading, pushing the WTD return more in the negative." - @UBACapitalGroup

kokobaba:
I hope u won't say N7 if it gets to N9

He's a joker

by their comment, you shall know the stocks in their portfolio

FBNH is the worst HIT stock in banking sector, i just can't believe the price

...............and nobody is willing to buy even with the good result @ FO. Now trading N200. #Monkeyhunters

U PEOPLE (with diff spirits) should pls turn back the hand of time in UBA stock

just like i said, Zenith BID is 13X offer. currectly gaining 4.07% and trading N22.25. It closed yesterday at 21.38

Seriously exposed to UBA (I dey fear fear on this stock) and Zenith (No qualms on this, i bought @ N22.69 and i know it'll climb up soon). My advice - If you have bank stocks, pls don't do panic SELL and incur LOSSES, when their result start trickling in, the tide will surely reverse irrespective of the Looming IPO. Cowboys will def shoot up the price and fix a good IPO price. E.G. If FBNH decide today aspa right issues, it can't be less than N12+

.............but these free fall of all shares especially banking stocks are unbelievable

Dexterax:
I really hope Agbalowomeri is okay, wherever he is.

If i am then i believe he should