₦airaland Forum

megawealth01:
Shareholders Worry As Ownership Tussle, Fraud Rocks First Bank

https://politicsnigeria.com/shareholders-worry-as-ownership-tussle-fraud-rock-first-bank-share-price-plummets/

talk2me2:
do your own calculation approximately 37kobo

sky2891:
FBNH Board Meeting coming up tomorrow 31st July 2024.
Hopefully, result may likely surpass expectations.

onegentleguy:
Fantastic financial print from PRESTIGE ASSURANCE!
"Maybe we could ride the veritas way here".

CAVEAT: NOT an investment advice. ...due diligence still applies as always.

#volsupportive
#momentumbuildup

It is well

Choiceguy:
Village people is after my me.
Pastor Agba, what is going on Oando.bullbearmk is the man that deprived me this opportunity because of the wrong court date he posted.i was waiting to re-enter Oando later.the rest is history.

Heishere:
Will it be a good buy at current price of 9.35 given the bonus?

Mankind2024:
Warning signs for the banking sector.
The Central Bank of Nigeria (CBN) has raised the interest rate from 26.25% to 26.75%, a move that may have far-reaching implications. Furthermore, the Senate has increased taxation on forex gains from 50% to 70%, a decision that could spell trouble for the banking sector.
Red days may indeed lie ahead for banks, as these changes could lead to increased borrowing costs, reduced lending, and decreased profitability. The sector is bracing itself for a challenging period ahead.
The Ichimoku strategy of Agbalowomeri is knocking strongly.

thebargainhunte:
Any update about MPR?

Raider76:
When I saw all the laughter you put in your post I thought you were not taking the issue of the mistaken date of Oando hearing you posted seriously enough. I am one of those that noted the date 12 Oct as you posted. Then I saw 10th July on another forum. I posted my above post here asking for clarification. Only Myc responded to me. Because I somehow trust NSEMPA more I didn't take the 10 July seriously. The rest, as they said, is history.

BullBearMkt:
Kindly disregard the date. My eyes dey see "double" that day. The year of the report wasn't 2024!
My bad!!!

chimex38:
Veritascap Call out..
#MrCommonSense
I salute you

unite4real:
You can see why it was good you did yours. What they have as published is wrong. If there is such term as Semi-Annualized, then it's correct

unite4real:
It's always good to do your calculations yourself.
Just divide the profit after tax by the total outstanding shares and your answer lie there

nosa2:
https://www.investopedia.com/articles/fundamental-analysis/09/five-must-have-metrics-value-investors.asp

happy hunting

nosa2:
No I can't. If you can't go thgrough the trouble of learning how to value stocks yourself then you should be happy with what you are given.

P.S I will gladly help with questions that help you learn how to do the work.

nosa2:
Over N200.

ROE is currently 68% (Highest in the industry, if not the entire market)

PE is 2.41

Forward PE is 0.71

These numbers are after totally discounting any fx gains.

This bank is probably worth N400 but I will start taking profit at N200.


I HAVE NEVER SEEN A STOCK THIS CHEAP. EVER!!!!

Only down side i can see is the high Book Value

nosa2:
Finally fully loaded up on GTB. Let the ride begin

yMcy56:
Zikkychops talks about ruling today, maybe there'll be adjournment again we don't know yet.....
Let's wait and see...