Fitch Rates Guaranty Trust Holding Company 'B'; Outlook Stable
Wed 01 Dec, 2021 - 8:16 AM ET
Fitch Ratings - London - 01 Dec 2021: Fitch Ratings has assigned Nigeria-based Guaranty Trust Holding Company Plc (GTCO) a Long-Term Issuer Default Rating (IDR) of 'B' with a Stable Outlook and a Viability Rating (VR) of 'b'. A full list of ratings is below.
https://www.fitchratings.com/research/banks/fitch-rates-guaranty-trust-holding-company-b-outlook-stable-01-12-2021


GTCO Plc releases Q3 2021 unaudited results
.... Recently, the Bank was recognized as Africa’s Best Bank and the Best Bank in Nigeria at the 2021 Euromoney Awards for Excellence. It also retained its position as Africa’s Most Admired Financial Services Brand in the 2021 ranking of The Brand Africa 100: Africa’s Best Brands.
https://guardian.ng/business-services/gtco-plc-releases-q3-2021-unaudited-results/

..

In the past few days/weeks I’ve seen many buy recommendations. With advice on due diligence.
It’s not bad to ask people to buy stocks as long as you tell them to do their own research.

Also I will like to add that another thing that can help put things in context is if it’s possible to advice if the recommendation is for long or short term.

I know it’s not always easy to predict stock prices and I’ve great respect for those who get it right from time to time but if you can also add some context with respect to the duration then it might alleviate some stress of people coming to lament in the short term if your advice was for the long term and Vice versa

Again I know it’s not always easy to predict everything 100% but just thought to mention it

Ofcourse the responsibility of this does not rest solely on the shoulders of the guyz making recommendations. Those who wish to follow their advice should also be able to ask more questions like is it a short or long term buy advice etc.

gabscity:
Abeg wetin dey happen to GTB ooo

https://www.youtube.com/watch?v=QG3Q73b-09Y&ab_channel=AriseNews

Zenith Bank Overtakes GTCO In Market Capitalization

Nairametrics - Playing the waiting game with GTCO
https://www.google.com/amp/s/nairametrics.com/2021/11/30/playing-the-waiting-game-with-gtco/%3famp=1

gbengafaro1986:


Looks like they dumping Access and Zenith as well

To be fair, it seems everything is falling including crypto and us stocks

But is it ordinary 35 billion naira that's making GTB shake like this. They should pay this guy and end this drama
Surprised that my sister in ogun state noticed it and no one else, even those in the banks at lagos didn't realize it

emmanuelewumi:


The gap between GTB and Zenith Bank reduced from N10 to N2

I think I still have one idle 300K somewhere
Where is that my login detail for morgan capitals again
It seems GTCO has finally reached bargain price

seyisanya:
GTBank, a part of the GTCO Plc, is not a microfinance bank nah! Haba!! We need to be calming down ooo...Lol!

No argument with you on this front mehn
Accordance is the theme song

OBAGADAFFI:


Well, let watch what happening.

Might just be fake news but I had to ask O to be sure

OBAGADAFFI:


I heard they hunting CRYPTO traders and closing accounts

Not to panic anyone OOOO but I just got a message from my sister at ogun state
Said multiple customers angry and infront of bank trying to withdraw but can't get in

Alleged stories of bank owing money and using customers funds
Again this is un-substantiated and un-verified

but trying to with draw now and unable to with app

Looking for any news on this (Maybe its just specific to the branch in ogun state)

Called peeps from other banks and staff and got news that everything is fine but wanted to mention it here

Guys any news on whats happening to GTCO (Actual bank and customers not stocks)?

OBAGADAFFI:


As an investor everything is RISK.

Telling you to prepare for risk isn't wishing you bad luck.

You are a senior man here. You shouldn’t join these guyz.

Anyways. I have said my piece
See you guyz next week

emmanuelewumi:

Smart people, Businesses and countries, pray for the best, plan for surprises and prepare for the worst.

Why are you like this
Don’t you even read your own words?

Listen to me and listen well. As a man thinks in heart so he is, let alone his words

Don’t support idiots and bring foolish curses on ....

As for me and my house I reject all this curses you guyz are throwing around here

QuinModah:
Oga! Death is inevitable. Start today by making a will for your family. Nobody knows when God will call us. Start today.

May your words not cost you
Keep thinking this way. I hope your negative thoughts and words are not counted against you. I forgive you and I reject this for you as well. May your words above not bear fruit

By the special grace of God almighty I reject this post for anyone who has read it. This is a lie from the pit of hell. Nothing like this will happen to anyone. We speak prosperity, success and blessings in the lives of everyone in this group and their loved ones. May Gods favour surround you as you go from strength to strength in all areas of your lives. May endless smiles never leave your lives.
Eid-el-Kabir Greetings!

To the person who maybe this post I will like to kindly warn you. Next time I see a post like this my comment will be to redirect it to it’s origin
May wisdom guide you sir

DrAwo:
Have you ever thought about what could happen to your income if you suddenly lost the use of dominant hand?

What of if you had an accident, hit your head and forgot all the basic knowledge necessary in your profession?

You suddenly cannot remember how to do balance sheets as an accountant nor know the basic law codes anymore as a lawyer...

What happens to your monthly income? How do you feed and sustain your family?

God forbid, I hear you say... However, what if it happens

In this Talk, though targeted specifically at doctors, we go through basic principles to building a somewhat assured future...

https://anchor.fm/ajibola-oladele-awolowo/episodes/Talk-with-QA-session-at-ARD-OAUTHC-on-08072021-titled-Beyond-the-stethoscope-Investing-in-your-future-e14k3rd

arduino:

Thank you ma'am,
I have since left Unity Jijoism for JAIZ. Your bitter experience with Skye Bank is still fresh in our memories.

100% right

Retail investor workshop

robobo:
what just happened on Zenith
wow

There can be only one industry leader

To the Transcorp team

Investors Webinar

Toluway:

We can understand your euphoria. You entered at 28

Nah. Am not a short term trader
Am in for 5 years

GTCO to the moon

Where is GTB

emmasoft:


By the way my contact is all over the threads. Check my signature.

The mail is a public material. No hiding anything. If it's personal I can't share.

Only your number is on your profile and not your name sir

You hide your own name and publish another’s on a one on one email

That kind of ministry

emmasoft:


Sequel to the earlier answer I gave, find attached response from customer care.

You removed your name for privacy but left the customer care persons name for all members of the group to see (her privacy matters too)

Also if someone in investment one is here, all they have to do is find out those she messaged recently and from there they can get who you are with this handle

So by protecting the privacy of the customer care person you are also protecting yourself

Technical suspension on an industry leading stock on the NSE and not a single news about it
At least one good thing came-out of it, now we know who's been buying GTB and keeping the price up
The vigilance to have seen it so quickly only means one thing
We greet you ma

To the moon

To the moon

STNWAUME:
The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange policies introduced by the Central Bank of Nigeria to strengthen the currency.

https://www.nairaland.com/6603927/naira-tumbles-51.95-despite-cbns#102738318

yields from many invested entities in the last 10 years are of little value to many holders of such stocks today

The present inflationary trend and currency devaluation compound the woes of many investors in traded equities on the Nigerian stock market, as many shares are currently selling at the lowest possible value.

With the gradual shift from the financial markets, stakeholders express worry about the future of the N20 trillion stock market and its fund-raising capacity if youths maintain the current pattern and interest in short-term investments. Operators have expressed fear of likely losing the participation of this group in stock market activities by the time the older generation leaves the stage.

https://www.nairaland.com/6603784/inflation-devaluation-push-millennials-away

This are pointers Nse is outdated.

Who will invest in a country that both the market and currency is on a steady downward trend for over the years.

Where insecurity is at all time peak and rule of law doesn't work.

Zimbabwe took same route today we all know the outcome.

I hear you wella and it’s surely bothering but you see this our population, it will do wonders for the economy.

Many of our youths are working for countries abroad (software dev, article writing, app testing ... a friend used to make 400k a month and now works for Snapchat, while still in naija) and that number will only increase as time goes one, why because we can do the work at a cheaper rate.

With our population and not too strict laws many tech companies will come to Nigeria the way they did with China and India. It will not be over night but it will happen (also consider that remote work is increasing)

If Nigeria was going to fail, it would’ve failed in our parents time when they were having coup back to back