Who knows whether all these right issues will be reflected in the 2024 year end report or 2025?

Wise

BabsO2:





These PE's are scarily high. Any slippage in anticipated growth due to the so called 5th industrial revolution and there will be major price correction.

39 Microsoft Corp. (MSFT)
55 Amazon.com Inc. (AMZN):
34 Apple (AAPL):
29 Meta Platforms (formerly Facebook) (META)
71 NVIDIA (NVDA):
28 Alphabet (GOOGL)
53 Tesla (TSLA):

Please guys what platform will you suggest apart from Morgan and Trove

Ajibade123:
Please guys what platform will you suggest apart from Morgan and Trove

Investment one stockbrokers.
You can trade on the portal online or use the app.
For a seamless onborading,
Click the 3rd link on my signature to open account, once your login details are out, login online and change the default password, download the app and login with the same details no need to register again.
Trading on the portal or app is cool.

Ding!

GTB is off. This thing probably wont drink water till it reaches N90

nosa2:
GTB is off. This thing probably wont drink water till it reaches N90

Is it wise to buy their stocks, what stocks do you think that I should buy?

nosa2:
GTB is off. This thing probably wont drink water till it reaches N90

Bros take it easy o
Stocks don't go on straight line like that
Na Nigeria Market we dey.

nosa2:
GTB is off. This thing probably wont drink water till it reaches N90

How you really sure?

Even 'abroad market' sef no straight...

yMcy56:

Bros take it easy o
Stocks don't go on straight line like that
Na Nigeria Market we dey.

ggoldmine:
Oh! I've always known Total and Total E&P and they do both upstream and downstream. Is this not the same as the one listed on NSE? I'm confused.

Its the downstream sector that was listed on NGX.
Yes. TOTAL is both upstream and downstream

yMcy56:

Bros take it easy o
Stocks don't go on straight line like that
Na Nigeria Market we dey.

Obviously it wont be in a straight line but the trend is going to be clear. IF Q2 result delivers what I expect it to then......

yMcy56:

Bros take it easy o
Stocks don't go on straight line like that
Na Nigeria Market we dey.

He is more of Uncle ooo...

I am surprised he is sounding so 🐂 bullish. The Noaa of before was more cautious.

Raider76:


He is more of Uncle ooo...

I am surprised he is sounding so 🐂 bullish. The Noaa of before was more cautious.

I am cautious. Its just that GTB's valuation is something I never thought I would see in my lifetime.

Stock suggestions will be appreciated. Anyone please and ofcos DD will be done but I need suggestions from my ogas here, Thanks

Raider76:
He is more of Uncle ooo...

I am surprised he is sounding so 🐂 bullish. The Noaa of before was more cautious.

More of big boss self.
I've been hearing or reading about his moniker from some Ogas here for quite a long time.

But, I'll just say he should be cautious of Nigerian banks, especially with these POs and RI stuffs.......though pumping possibility is there sha.

yMcy56:

More of big boss self.
I've been hearing or reading about his moniker from some Ogas here for quite a long time.

But, I'll just say he should be cautious of Nigerian banks, especially with these POs and RI stuffs.......though pumping possibility is there sha.

Ha! My Madam at the top. No be so oh.

My excitement for GTCO is not short term. Right now I believe the currency devaluation is well over done. Very soon the benefits of the painful reforms would start to kick in and I want to holding when all the big ogas come and buy.

Nigeria companies are being priced as though we are a war torn Nation and that doesn't make sense.

P.S I am not a Tinubu guy and the better times may not even come in his administration

nosa2:


I am cautious. Its just that GTB's valuation is something I never thought I would see in my lifetime.

Well one market authority said that GTB wants to always be different. They will surely be acting differently if they allow their SP to rise significantly before the RI, as the other banks so far seem to be keeping their SP low, perhaps to allow the major shareholders and big investors to mop up the RI.

nosa2:
GTB is off. This thing probably wont drink water till it reaches N90

something wey never gain price today yet

Raider76:


Well one market authority said that GTB wants to always be different. They will surely be acting differently if they allow their SP to rise significantly before the RI, as the other banks so far seem to be keeping their SP low, perhaps to allow the major shareholders and big investors to mop up the RI.

CAN YOU GUYS PLEASE STOP WITH THE ACRONYMS.

I don't understand what you just said

vacanci:


something wey never gain price today yet

Haha!! You wan dey follow daily stock price movement. Ok na

How many more unit will be created by each of this banks that will not dilute their dividend payout to pittance
Fidelity Bank PLC has over 32.012 billion shares
UBA had over 34.199 billion outstanding shares
FBN Holdings Plc had over 44.87 billion outstanding shares.
Guaranty Trust Holding Company had over 29.37 billion
Zenith Bank PLC (ZENITHB) had a public float of 27.65 billion shares outstanding.
That of fidelity and first bank is something to ponder about

nosa2:
Ha! My Madam at the top. No be so oh.

My excitement for GTCO is not short term. Right now I believe the currency devaluation is well over done. Very soon the benefits of the painful reforms would start to kick in and I want to holding when all the big ogas come and buy.

Nigeria companies are being priced as though we are a war torn Nation and that doesn't make sense.

P.S I am not a Tinubu guy and the better times may not even come in his administration

My big boss, you were right about the pricing of our stocks, it doesn't make sense seeing them at ridiculous prices honestly.... especially when we consider the great revenues being made despite the harsh operating environment...

....but it is what it is for now, FA aside, pls be cautious and always seek 2nd opinion from the experts who's being on ground for long so you can monitor the market to pick at very good bargain prices.

Not saying your GT call is/was wrong o, after-all it didn't obey Oga Agba's southward call, he has not been able to enter since he exited .......but just some words of caution from your pikin in the biz.

You're welcome sir.

nosa2:


CAN YOU GUYS PLEASE STOP WITH THE ACRONYMS.

I don't understand what you just said

SP = stock price
RI = rights issue

ggoldmine:
Do you think NVDA still has an upside at its current price because I think it's overvalued? What other US stocks do you recommend, apart from TSLA?

Go and buy Alibaba and rest

Raider76:


SP = stock price
RI = rights issue

How would anyone have known this?

nosa2:


Go and buy Alibaba and rest

How do I start trading in US stocks
Abeg help a newbie.
I need nursery school steps one by one PLEASE

yMcy56:

My big boss, you were right about the pricing of our stocks, it doesn't make sense seeing them at ridiculous prices honestly.... especially when we consider the great revenues being made despite the harsh operating environment...

....but it is what it is for now, FA aside, pls be cautious and always seek 2nd opinion from the experts who's being on ground for long so you can monitor the market to pick at very good bargain prices.

Not saying your GT call is/was wrong o, after-all it didn't obey Oga Agba's southward call, he has not been able to enter since he exited .......but just some words of caution from your pikin in the biz.

You're welcome sir.

I no know wetin Oga Agba see oh but I was/am grateful for his challenge to my opinion. He made me adjust my spreadsheet to factor in one off FX gains and after doing that I saw that there was a clear dichotomy in banking stocks.

This dichotomy made me dump my FCMB and add more GTB and some UBA.

To be honest I almost dont want the stocks to rally just yet. I am looking to raise some more cash to buy even more. I firmly believe that too much of a good thing is a great thing

P.S Abeg how my grand mother go dey say she be my pikin

GracefulLau:


How do I start trading in US stocks
Abeg help a newbie.
I need nursery school steps one by one PLEASE

Download the bamboo app. its very simple to use

I don't understand myself ooooo.
I will aim to buy fundamentally sound stocks, but will end up gambling and mopping veristaskapital and Oando.
I wan hammer quick, I pray I don't get hammered

Redoil:
How many more unit will be created by each of this banks that will not dilute their dividend payout to pittance
Fidelity Bank PLC has over 32.012 billion shares
UBA had over 34.199 billion outstanding shares
FBN Holdings Plc had over 44.87 billion outstanding shares.
Guaranty Trust Holding Company had over 29.37 billion
Zenith Bank PLC (ZENITHB) had a public float of 27.65 billion shares outstanding.
That of fidelity and first bank is something to ponder about

Bros don't worry yourself of dilution. Trust me our banks know how to navigate. It's a case of if you need more cake, bake more. As outstanding shares are increasing they will increase their earning as well. At the end of the day, we all will be fine both banks and investors.

When you are big you are big you can't be big and small!