9free:
I don bid tire for Tiger and up till now even a tesere unit I no get...

The same thing for oando.They no want make we follow chop small.God dey

http://nairametrics.com/nigerian-banks-may-be-hiding-npls-as-3-exceed-10-percent-threshold-doyin-salami/

Be careful when you are analysing bank stocks and deciding whether to buy, sell or hold as its not everyday your regulator comes out to tell you plainly that banks are basically cooking the books and lying about their Non performing loans (NPL) exposure.

Doyin Salami, an economist and member of the Central Bank of Nigeria (CBN) the apex regulator for banks, monetary Policy committee (MPC), just dropped this bombshell in his statements following the last MPC meeting.

According to Salami:

Between 2014 and 2015:

·The number of banks with NPL ratio in excess of the 5 percent threshold rose from 3 to 8.

·Furthermore, NPL in 3 of these banks exceeded 10 percent.

·NPLs rose in 18 of the 22 buckets into which the CBN classifies Deposit Money Bank (DMB) lending.

Salami says worsening NPLs reflect a combination of external and internal factors which include: Low and volatile Oil prices; uncertainty about severe fiscal imbalance at the sub-national level of government; weak output growth; and eroding investor confidence.

He concludes with this bombshell:

“Reflecting on the nature of these threats, notwithstanding reassurance provided by Bank Staff based on the outcome of various stress and contagion tests,

I cannot help but remain concerned about the possibility of under-reporting of NPLs. The weakened ability of the CBN, represented by the structure of its balance Sheet, to deal with a recurrence of crisis in the banking sector requires heightened vigilance by Bank Staff.”

Wetin dey worry uba nobody won buy nobody won sell

@LOCO DIS MAY BAKER DOESNT LOOK LIQUID ENOF.

locodemy:

The same thing for oando

FCMB on full bid

leo1234:
FCMB on full bid

Una don dump finish??

Y Oando on bid?

Fidelity on full bid 1.26

feelamong:


Una don dump finish??

Dump what?
My average is above the selling price. I am waiting for them. I don't want to sell at lost and am afraid of buying more.

Pesuzok:
Fidelity on full bid 1.26

This one na shakara!

its going no where!

feelamong:


This one na shakara!

its going no where!

with 3.9m bids @1.26?

Historically, Zenith should release result today . Bloomberg business put the day of release on March 15. They (Bloomberg) tends to be on point on issues like this . We are in a very unique period so I will advise both investors & speculators alike to tarry a bit . Yours faithfully has a 10-digit investment in this . I am already making low 7-digit paper profit @ 12.40 . It sounds good on paper but the loss is equally staggering if it goes the other way. I will take the risk and wait till they release the result . I pray/hope the first result to come out by any of the banks should be a good one. The sentiment will naturally rub on other banks especially Zenith effect on gtbank & vice versa. I wish you all a very profitable earning season!

lancee:
Zenith wan dey be stress now ..all the money .. if nothin today ..one will be lookin fwd to monday

Abi reducing exposure ..Fbnh don confess her own sin ..what are others hiding

That Uba still dey battle with CBN

Apr has approximately only a week to rally but if it fails then there is more in the market that is hidden from the eye

You see transcop is loading....

Pesuzok:


with 3.9m bids @1.26?

36 million bids... Yesterday over 110million units were traded

Insider trading sure wallahi

Seplat is making yours sincerely happy. I bought at 62p

This Oando ehh...now even me de fear myself. I hope this will go far

Just enjoying this year's ride

jp130:
@LOCO DIS MAY BAKER DOESNT LOOK LIQUID ENOF.

Dont worry.it will find its way at the appropriate time

happy g making

what's wrong with UBA result

I think most of the results are ready .. they re waiting for who to come first to drop the bombshell
chai ..Access bank no even say nothing as well

Money must come

hahaaaa

lancee:
I think most of the results are ready .. they re waiting for who to come first to drop the bombshell
chai ..Access bank no even say nothing as well

Money must come

You are so funny...

Still no RESULTS Who is refreshing that NSE page with me?...

2:24 6minutes to go. market is packing this week

Intendy:
Apr has approximately only a week to rally but if it fails then there is more in the market that is hidden from the eye

At least one is sure of 43 Kobo dividend payment alert by April

DeRuggedProf:
Still no RESULTS Who is refreshing that NSE page with me?...

you are so funny

These results, even if they are going to be released in 2020 , I will not sell one unit. Lets see who blinks first. No regrets again this year.
JIM OVIA, Elumelu, Wigwe, Balogun etc...I give you till 2020....

Have a feeling is either u chop dividends or you sell to get lil cap appreciation this yr

DeRuggedProf:
These results, even if they are going to be released in 2020 , I will not sell one unit. Lets see who blinks first. No regrets again this year.
JIM OVIA, Elumelu, Wigwe, Balogun etc...I give you till 2020....

Bros what do you mean

Godisfaithful:


At least one is sure of 43 Kobo dividend payment alert by April

it's 0.38k after tax so a 1000 unit will see N387. and like that depending on your holding.
but its unusual not to see rally with such yield(dividend yield and earning yield) and good result