Mpeace:
Diamond of course. With 40% of its total loan book to the oil sector and 52% of its oil sector loans classified as NPLs with most already provided for, the bank is set for lots of re-classifications as the loans begin to perform, less impairment charges and huge write backs of previously provisions. FBNH also falls within this category.

RabbiDoracle:


Are you saying you can't spend £2,500 on your wife?? Haba

Agbalowomeri:


She go prefer the cash
If I buy such, I better remove the price label

samguru:
What is really happening in this house,sanity needs to be restored. posters have derailed completely from the objective for which the platform was created for.
People now discuss irrelevant issues ranging from proving superiority,wooing yariya,selling stuffs and so on.
If you are NSEMPA sick, there are lots of rooms for you on nairaland to express your rubbish feelings and utter unguarded statements.
Anyway,I don't blame you,it's the fault of the bull on oshogbo weeds.

locodemy:
8.45PM.Do you know that crude oil is now $70.15.
Now we know the stocks to hold firmly.

drnelson:
Nse is the biggest scam in nigeria. It is openly corrupt and famous for insider trading.

All these stocks that are making you jump now are all stage managed and soon all these experts were will start shouting sell I told u so.

fxuser:



FBN Update
- a good start
- trading above last week close on good vol and strong bid
- keep hold

dipoolowoo:
Nigerian Shares World’s Best Performer in Two Weeks with 12% Surge
https://www.businesspost.ng/2018/01/15/nigerian-shares-worlds-best-performer-two-weeks-12-surge/

Nigerian Equities Open Week Strong as Bulls, Bears Battle for Control
https://www.businesspost.ng/2018/01/15/nigerian-equities-open-week-strong-bulls-bears-battle-control/

RabbiDoracle:


At $80, then all road leads to FBN.

Mpeace:
Diamond of course. With 40% of its total loan book to the oil sector and 52% of its oil sector loans classified as NPLs with most already provided for, the bank is set for lots of re-classifications as the loans begin to perform, less impairment charges and huge write backs of previously provisions. FBNH also falls within this category.

lancee:
https://www.thisdaylive.com/index.php/2018/01/16/stock-market-sustains-rally-as-index-hits-43119-08-market-cap-now-n15-4tn/


For investors wanting more exposure to consumers in Africa and Nigeria, in particular, the outlook is good,” said Paul Clark, a money manager in Johannesburg at Ashburton Investments, which owns Nigerian stocks, including Seplat Petroleum Development Co. “The banking sector is probably the most attractive at the moment, especially the tier-2 lenders.”
Despite the gains so far, Nigerian valuations are still considered the cheapest among the major African equity indexes.

Nigerian stocks trade at a forward price-to-earnings ratio of 10.2, while South Africa’s are at 14 and the MSCI Emerging Market Index is at 13.
“For long-term investors, Nigerian equities were a screaming bargain,” said Nick Ndiritu, co-manager of Allan Gray’s $389 million Africa equity fund, which doesn’t include South Africa. “Investor sentiment has turned more bullish on Nigeria and a re-rating of the Nigerian stock market is now underway.”

RabbiDoracle:


Greater inflow. I'm scared ooo.

This shows that 55k will be easily achieved.

Mpeace:
Diamond of course. With 40% of its total loan book to the oil sector and 52% of its oil sector loans classified as NPLs with most already provided for, the bank is set for lots of re-classifications as the loans begin to perform, less impairment charges and huge write backs of previously provisions. FBNH also falls within this category.

veecovee:
but seems the crude price appreciation is not beneficial to conoil, Mobil and total, I but them of recent because this crude appreciation

daddymgg:
Greetings all, i have a reasonable amount of money to invest in shars but with d continue bullish i am at wit end..
Pls i need two shares for medium and long term to invest in and i we also do my dd. Tks

daddymgg:
Greetings all, i have a reasonable amount of money to invest in shars but with d continue bullish i am at wit end..
Pls i need two shares for medium and long term to invest in and i we also do my dd. Tks

locodemy:


Buy crude oil plc.

locodemy:
8.45PM.Do you know that crude oil is now $70.15.
Now we know the stocks to hold firmly.

RabbiDoracle:

At $80, then all road leads to FBN.

RabbiDoracle:


Greater inflow. I'm scared ooo.

This shows that 55k will be easily achieved.

kokobaba:

Similar to what is also driving Skye bank. Has huge exposure to the oil sector as well. If oil price gets to $80, then Skye will probably get to N2. just my opinion. due diligence advised

pluto09:



What is driving Skye is purely market sentiment.
The bank is probably having a -ve shareholders fund. They are yet to release result for more than 2 years.
Caution should be the watchword here.

DeRuggedProf:
https://trwstockbrokers./2018/01/16/transcorp-knowing-when-to-reduce-a-strong-position/

pluto09:



What is driving Skye is purely market sentiment.
The bank is probably having a -ve shareholders fund. They are yet to release result for more than 2 years.
Caution should be the watchword here.