peptola:
the unaudited results are out they said Zenith bank has posted a N135 billion turn over for Qtr 1

Pls trade with caution knowing the NSE the result might instead cause a decline in price!

ufotty2001:
have readjusted... do ur dd

nattybanta:
Hmmmmmmmmmmmmm

sirflav:
Other stocks for investors to watch for price appreciation
1) Livestock
2) Nigerian Breweries
3) Nestle
4) Nahco

willyede:

Same here in Abuja no light no fuel to even buy...... Things aint working but God will help us and it is well with nigeria#Godblessnigeria

EDUECO:
This bank's level of mediocrity and ineptitude is out of this world and second to none!

jp130:
plz sombodi av any view on dis massive trade today? somting cud b brewing.

rychard:


Help me ask am o... Still basking in the euphoria of small gains, e go soon learn

mercylicious:


Very good advise.
Ask Nosa his experience with nem. It was not funny. 3rd quarter that year was so fantastic. They started by delaying their result and when it was released, even 1himself had to write an epistle on the disappointment.

gbolah4real:
Zenith bank result better be good I have all my resources invested here. can't believe other stocks will decisively appreciate in price and GT, Zenith will still be dilly dallying....

UkwuAmu:
Greetings . Its result time. some bank results will disappoint you . The set up is gathering momentum . Do not make extrapolations and get carried away. That Afriprud paid 43 kobo does not mean the parent organization will pay more . I have some friends here and would advise to steer clear of certain bank stocks as the impairments will erode all the revenues generated . When a stock looks cheap on paper and cannot sustain any momentum, be very afraid . You are not the only one looking at such stocks. The fact that its not rightly priced shows you there is something underlying that we do not know . GTB has been stable despite all the shocks . While stocks like UBA and Access bank looks grossly undervalued, there is a reason why . I do not like elaborating too much but tread carefully . Be careful guys and good luck .

donmarshia:


I will call my contacts cos I am heavily invested here. U fit dey correct, no doubt but which loans exactly were impaired to the extent of probably wiping out all quarter 4 profits and eating into the 84 billion PAT so far?

GTB and Access were more exposed to Oil and Gas. Zenith does not do much of SME but lends more to blue chips. Dang Cem, Nestle, NB all constitute a huge part of their 1.7 trillion loan asset base.

In summary, I don't trust ur info but since I am fully invested here, I better verify to prevent stories that touch.

lancee:



Was there any profit warnings ?

Very bad u said ..ok thanks for your info

rychard:
I borrowed some bank shares from my broker last year sold them off@ 9N , well, I'll buy 'em shares @ 3.66 on Monday and return to my btoker, along with their admin fee...

It's all risk biz. And I just became profitable..
The market is yet to bottom out, so no rush, ASI needs to hit the 20k or market cap. drop between N5 - N6tr. That's the time to go in.

sky2891:

Thank you so much for the information, my brother.
I am currently accumulating FBNH as long as it remains below N5.00 though it may not be the best stock for now considering their loan portfolio and CBN regulations and restrictions on banks but the resilience of this bank for over a century and the new management will of course turn the bank around on the long term. This is a prize we may not witness in the next 10 years. Succeeded with 680,000 units so far and still accumulating gradually FOR LONG TERM.
UBA is also on my radar but I take stocks one at a time and long term.

ibe9ja:


@0.50 kobo?

sirflav:
Is niger insurance not a good buy?? from offer of 52 million to no more offer again o

ibe9ja:

Less dan a week ago u asked if Niger Insurance was a gud buy. And over d years u have accumulated 5.8 million shares of it. It is either u are Lai Mohammed by claiming u acquired 5.8 million shares or u were monkey hunting wen u asked if Niger insurance was a gud buy.

ibe9ja:






BEWARE of these people/monikers. They may be one and d same person. Otherwise, dey are either monkey hunters or have smtin up their sleeves.

sky2891:

I know they gave N0.035k last year but considering the anticipated higher dividend, like how much can I estimate based on the Q3 40% increase in PAT? I succeeded in gradually accumulating about 15 million units.

locodemy:


make una continue to chase wind while others dey make money.An illiquid stock with 7billion OS and small PAT.una get liver o.A 3kobo dividend paying stock.

sky2891:

I have been watching that Niger insurance, something must be brewing.

locodemy:


you and the man on top of you.where are you coming from? or are you promoters?