₦airaland Forum

locodemy:
Teacher no teach me nonsense.
oil now $86.

How mkt? by the time you wake up 2morrow, we must have eat it deeply to some levels

EKUU MARKET,

EKUU imura BULL

As at today

Northeastern:
Oga Presentprice

Please which forex broker do you trade oil with, do they have a leverage of at least 1:100?

Thanks

zaxo bank and Darwinex

BullBearMkt:
...chart is in favour of oil rising even though it's showing over bought, but the bulls and sentiments keep increasing. If at all there will be any fall, this will be temporarily

the BULL is not joking atall, i have buried my shorting thought immediately

Mpeace:
I doubt if it will fall. Inventory data may just slow the pace of its rise. Rise in oil price has been fuelled by the US sanction on iran which takes effect from 4th Nov this year.

just to chop some fall and clean mouth. not yet time to stay to ride it down. oil Long time outlook is strongly bullish

Mpeace:
You no add aiico. Lol

this one and prestige is for Loco

GB2G:
Current Price, any resource material online to avail myself on doing FA on financial services companies. Thank you.

CC: Onegentle etc.

few days ago infinitisi share very good material on FA. try to get it if you have not.

@ vecovee how far? fidelity is 15% up while WEMA continue struggling to shake body at same price since our last post on this

Mpeace:
Gtb at 37

closed @ 36.70

it another day to chop oyel money. oil likely to start falling today according to the chart, the inventories data released with increase output

EKUU MKT O

locodemy:
u Neva answer the question I asked yesterday.

because i am not interested in insurance stock now.

in the whole NSE Aiico numbers is the best. their fair price is much higher but can one relies on aiico unaudited Q2 result?

EKUU Mkt

veecovee:
But there's one thing I notice about currentprice I know.

Stocks with big tanks (OS) are always no for him, despite how good they are doing.

Sir, when last did you buy dangcem, gtb, fbn etc

i know from ur body language you owns the stock. you are free to listen to what u want to hear. that is my own opinion sha

before i concludes my analysis on company stock, i take into consideration of growth as well. in banking stock apart from unity bank which i have not look into, WEMA bank have the lowest growth rate with PEG ratio close to 2.0

growth rate was reason for my picking stambic bank as one of the cheapest stock yesterday. stambic have the highest growth rate follow by gtb with PEG ratio of 0.55 and 0.57 respectively.

investors nowadays are not that blind no matter our shout on any stock, they know what best for them except the gambler.

things may change 2morrow sha but as at today WEMA is no no for me

morgan capital and skye bank(polar) is like 5/6

they still use the bank as their main bank for customers deposit and they are the only broker i know using the bank

hope they have no skye bank share

onegentleguy:
Not at all !!
Even with this 0.41k EPS from FIDELITY, it still trails the 0.63k H1 from FCMB.
Fidelity banks H1 result shows a remarkable improvement, but given their current financial positions, I'll place FCMB, UBA and ZENITH ahead of FIDELITY !!
But that's just me.

DISCLAIMER: NOT to be interpreted as any sought of recommendation.

dont know where 63k from fcmb come from, my bedsheet shows 28k

even with fcmb annualized, it still 56k

mendes911:
Hmm. I still refuse to believe it shaaa. LOL.

that is the main concern, if they have this kind superb numbers why taking them much time to release. even with Audit

if the result is true. then the bank is the cheapest on nse

mendes911:
Before nko?

not annualized o

http://www.nse.com.ng/Financial_NewsDocs/23740_FIDELITY_BANK_PLC_FINANCIAL_STATEMENTS_SEPTEMBER_2018.pdf

Bezzle:
Please sir what in your opinion is the fair price for WEMA bank
Also does it get a buy rating from you?

NobodyKnows:
Does that mean it’s a good buy at the currentprice?

may be u sees wema for 58kobo as a cheap price, it actually expensive base on Q2. though anything can change in 2nd half of the year.

wema price 0.58 , eps 0.04 , pe 14.5 , roe 3% etc

STANBIC bank @ N44 is cheaper than this stock talkless of zenith , eti and so on

veecovee:
Nigeria bonny light oil 83.65

oil may likely fall today but not a threat to it long time bullish

may be soon now they will say they gets shareholders approval to do share reconstruction.

wanaj0:
That's because of accounting abracadabra. They created a capital reduction account and set their negative retained earnings against it.

http://www.wemabank.com/wema-bank-gets-shareholder-approval-capital-reorganisation/

accounting abracadabra indeed. one of my oga pointed out this to yesterday that they move fund from share premium to retained earnings "Notes 30"

http://www.nse.com.ng/Financial_NewsDocs/22905_WEMA_BANK_PLC._FINANCIAL_STATEMENTS_JULY_2018.pdf

pluto09:
I can't even see any attraction for those small banks when the big and more stable banks are selling at relatively low p.e and high DY.

wema fairprice not attractive at my side with the current 38.5B share outstanding. though they have positive retain earnings compare to their huge negative retain earnings this time last year

for me if am given the opportunity to choose btw WEMA and sterling, i will buy Sterling 10 times before looking at wema

EKUU MARKET O

dipoolowoo:
Na you understand my motive bro. I don't bank with Skye Bank. Even my holdings in the bank were offloaded this week when I got the signal to selloff.

My trip was only to see the mood. I will even repeat it on Monday, when full banking operations are expected to resume.

U no do well for my pple o, u got the signal earlier and you did not inform your brothers. even if u use parable we for understand u now