₦airaland Forum

OBAGADAFFI:
Rumors: Oando Might pay dividends.

If they like

Whispers of $100 Oil Return as Crude Shakes Off Covid’s Clasp - https://ng.investing.com/news/commodities-news/whispers-of-100-oil-return-as-crude-shakes-off-covids-clasp-349312

Oil prices will rally ‘sooner and higher.’ Expect $75 Brent crude this year, says Goldman Sachs - https://www.marketwatch.com/story/oil-prices-will-rally-sooner-and-higher-expect-75-brent-crude-this-year-says-goldman-sachs-11614009152

PharmAlfred:
Effeciency in asset utilisation and not on people who bring in the money is penny wise, pounds foolish. It is only a matter of time before that bank unravels if they don't improve. Note what I just told you.

I wish you could explain this more as I don't really understand. Do you mean that Zenith Bank will soon unravel in a negative way?

I also heard that 40% or more of UBA's loans are to its chairman, good ol' TOE. I don't think that's good for UBA

In my layman knowledge, I also think investors favour GTBank over Zenith because GTBank has much better corporate governance than Zenith. Zenith is really a one-man business. Uncle Jim has all the power he appoints and fires CEOs at will. Everyone knows the next CEO is that yellow lady who is currently the Deputy CEO and her story is long. GTBank has a lot more stability in that regard, and the fact that PepsiCo hired Segun Agbaje to join their board shows that foreigners rate him and the bank very highly.

PharmAlfred:
It is big sentiment dear. Go to any GTB brank and seek for the simplest of support or for your queries to be resolved or even send them a message on twitter. They won't even respond for months. It is not a retail bank. Most of the fraud in the banking sector also happens there.

Being the most efficient bank is not in terms of customer service. It's in the fact that GTBank achieves almost the same profit as Zenith, with a LOT LESS cash. The smarter folks here can explain this better

megawealth01:
Nobody is talking about ACCESSBANK... I have been buying since... Bought my last order yesterday... E go shock us all

Not a recommendation... I bought it for dividends appreciation... The volumes the last time at #9+ a month plus isn't a JOKE people...

DD applies

ACCESSBANK is useless when it comes to dividends. All this ambitious acquisitions Herbert keeps pursuing iimpedes their ability to pay juicy dividends like GTBank and Zenith.

emmanuelewumi:
GTB can't pay N2.70k ooo.

Later in future Zenith will climb up to me GTB, or GTB will come down to Zenith level.

The N10 margin has now reduced to N5

Lol. I'm big on Zenith, but what I have learned is that GTB/Segun will never allow Zenith Bank outshine him. I doubt Zenith will catch up to GTBank.

Mcy56:
My bros, Wetin I dey drink depends on entry junction oo. Lol.

Chai! Some ogas who bought 2020 @Mar/Apr/May's low will cash out big here......

Imagine someone that picked @10.70 and still keeping till now! Chai!!
Kudos to Oga RabbiDoracle here........

I really doubt many people that bought at N10.70 are still holding.

Nigerian banks are eating good sha.

The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf

Nigerian Breweries has dropped result

YourhealthNG2:
Good news for NSE.

As long as Buhari is till president, don't hold your breadth my friend

Zagee:
I still don't trust the environment

Exactly

Zagee:
How low can Zee go?

Bloody and beautiful

Tears inna me eyes.

nna777:
Today and tomorrow will be bloody oo. If you bought low, no need to panic, if you bought high wait until the blood stops and then average down. If you can't cut your loss and move on.

It is well.

Mcy56:
GUINNESS:
Bids far outweigh offers......
Quite a large transaction yesterday also.
@samguru come and hint us what's cooking here.....

F. U. G. A. Z:
Quite a lot of red here...........typical of approaching results?

It's not red enough

[quote author=thebargainhunte post=98857166]ASI cannot continue going south while Brent is making 1 year high everyday. We are watching this week.

Production volumes have been cut significantly, so prices going up means little.

Willie2015:
Think it can still make =N=40
March & April is normally bullish...
Cos of Dividend....
last year was an exception due to COVID...
Analyst at Rencap and Vetiva put its fair value a little above N40...
Note: I hold a long position in GT.

Forget those analysts at all those Investment Banks and their 'fair value'. All na scam. On the NSE the only fair value of a stock is what people are willing to pay for it at any point in time. If Zenith is trading for N11, that is its fair value. That's how Rencap said Zenith was going to N38 some years ago. I wait tire.

I don't understand what happened at GTbank sha

megawealth01:
How many you buy?

I'm not buying just yet. Waiting for it to drop bigly.

All banks are red. Today, the God of Peter is our God.

PETERiCHY:
It's about to get down

ZENITHBANK Update

5m bids verse 60m offer

Our TARGET PRICE is N10.10k

BARGAIN HUNTERS TAKE NOTE!

Yes Jesus!

PETERiCHY:
Last yr March ZENITHBK traded N10.70k courtesy corona. This time around corona cases are again on the rise of which HISTORY is about to REPEAT itself.

Inessence God is about to ANSWER your PRAYER all you need do is sharpen your CUTLASS and stay FOCUS.

BARGAIN HUNTERS TAKE NOTE!

Amen!!! My hands are open, ready to receive.

emmanuelewumi:
Nothing is impossible.

What you need is the ability to buy at that price. Zenith Bank at N11.00, some people were waiting for it at N5.

I am surprised those investors started buying zenith at over N20

Exactly. What God cannot do does not exist.

We need Zenith Bank at N10 in the name of our Lord. Amen.

Mcy56:
F. U. G. A. Z : Showing lots of resilience in the face of red .......
WAPCO : On free fall........ activities of profit takers......
Unilever: The type of bids at bargain junctions though!
Honeyflour: Showing strength......
UBN: Huge cross deals @5.75 since yesterday.........75M units crossed again.....

We don't want resilience with FUGAZ for now. Let everything fall yakata.

emmanuelewumi:
There will be a bull run on May and Baker next week.


The owner of Peace Motor Transport should be a happy man now, recently became the second biggest shareholder of this company

Kai. Silent money, Chief Samuel Maduka Onyishi, also biggest shareholder in C&I Leasing. God when?

Transcorp na scam.

75 million offers on Zenith. Still green. God wins.

Lion123:
You people shouldn't fall for Transcorp scam o. Abeg. Run for dear life.

I told you guys. There was really no real reason for Transcorp's soar.