Why waste your time on failing bank stocks when there are better and rewarding stocks you can buy. ...For instance, Mobil is still up for grabs....

MyOneCent

locodemy:
Good news on the oil upstream..........Oando on the march again

Oga what is the good news?

Meanwhile Forte Oil lost out in this sale of Mobil downstream...OteNAIRA must be really feeling sick now..


http://www.nse.com.ng/Financial_NewsDocs/15170_MOBIL_NIG_PLC_DIVESTMENT_OF_SHARES_CORPORATE_ACTIONS_OCTOBER_2016.pdf

feelamong:


Oga what is the good news?
Meanwhile Forte Oil lost out in this sale of Mobil downstream...OteNAIRA must be really feeling sick now..
http://www.nse.com.ng/Financial_NewsDocs/15170_MOBIL_NIG_PLC_DIVESTMENT_OF_SHARES_CORPORATE_ACTIONS_OCTOBER_2016.pdf

And FO is down another -5%
dancing with d bears

fxuser:


And FO is down another -5%
dancing with d bears

FO might be going the way of Oando.

This local oil companies are always unstable.

This is why i prefer investing in Multinational oil coy.

FBN
- after touching 52 week low psychological level (N2.95), its finding some lil support
- very lil trades , so no one is shifting grd lol
-interesting set up

UCAP
- buyers unable to break 2.60 resistance, full back hand slap
- but SP stays above major trend lines

dis: i'm long here

Transcorp
- dilly dally at dis N1 support junction


#justObserving

Considering that UBA is the most performing bank stock right now, and that it must touch and exceed N5 within the next 4 - 5 months, for those mid to long termers, I'd say this is a good buy now.




$$$

Tscholar:
Greetings house. pls how can i instruct Morgan capital to transfer my money into my known gtb account i registered with them when opening the account with them since i have lost my mobile number that i can use to retrieve my registered email through which i could have instruct them.Pls help me because i am in need of the money in my itrade trading account. Thanks you all.

You can call the person using the number presently and explain things to him. Tell him you want to retrieve a code for your email. He can text or read out the code when receives it. Use the code to unlock your email. Change your backup number and possibly add your current email for future backups.

Tscholar:
ok sir.But it been long i have used this number o,let say over 2yrs ago.And my friends says somebody has been using the number that Mtn has sold it to another person.So i had earlier agreed to let go of the number.Sir soloniger,can i see another alternative i can use sir to reach Morgan capital and demand for transfer of my funds to my bank account.I am the old immanuello that u all know!

Value trader longest time.... R u in uromi or auchi?

Market anxiously waiting for results hence the low volume.

stocks with new 52 weeks low
fidelity #0.84k
FO #127.30k
ashaka #13.57k
no stock with new 52 weeks high

EPS 4.24!

http://www.nse.com.ng/Financial_NewsDocs/15177_GUARANTY_TRUST_BANK_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf

angelo82:
EPS 4.24!

http://www.nse.com.ng/Financial_NewsDocs/15177_GUARANTY_TRUST_BANK_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf

Intresting , lets see if mkt will react +vely/ -vely morrow
I have no gtb

Access shld follow , don't really understand Zenith these days

angelo82:
EPS 4.24!
http://www.nse.com.ng/Financial_NewsDocs/15177_GUARANTY_TRUST_BANK_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf

with this report GTB on it way to N36 fair value

let see how it goes

Brent Crude @ $53.01 as at 4:20pm

cadno:
Brent Crude @ $53.01 as at 4:20pm

up up we go again

angelo82:
EPS 4.24!

http://www.nse.com.ng/Financial_NewsDocs/15177_GUARANTY_TRUST_BANK_Q3_SEPT_2016_FINANCIAL_STATEMENTS_OCTOBER_2016.pdf

why is GT adding its FOREX revaluation gain to its income while UBA does not add its own?

feelamong:


why is GT adding its FOREX revaluation gain to its income while UBA does not add its own?

Too much grammar......oga forget that area.......lets move forward.........we need bull o........my pocket don dry for some days now....

..i think zeniht is not doin d same as well

okay

feelamong:


why is GT adding its FOREX revaluation gain to its income while UBA does not add its own?

UBA obviously has a materially better report, but I think they are doing that for one of two reasons:-
Either to show how well they've done through regular banking activities rather than just the (bad)luck of devalued naira/FX gains, of which they may combine both at the FYE and declare the full sum as Profit

OR

They don't plan on declaring FX gains as part of their profit for the year at FYE. (I.e. they don't intend to pay dividend of it, may be transfer it to some reserve or something - I don't know how that works )

But then again in compliance with IFRS standard, at FYE the audited report for banks probably has to differentiate between profit and other comprehensive income.

I'm just postulating...

It's pertinent to note that UBA's total earnings has perhaps for the first time in a long time exceeded that of GTB. While NSE sentiments may favour GTB for now, I do think that UBA is a much better buy considering present SP and value (i.e. if they get to add the FX gains to their dividend pay for FYE 2015). If they add the FX gains, their EPS would be very close to that of GTB (it ought to be higher but for the fact that they have a 23% higher OS than GTB).

We are watching, unfortunately my money is tied down in UCAP. So I no fit enter UBA.

This no be buy or sell recommend o

Pls what is d recent deadline given by the NSE to companies to release results

stokfrick:
Pls what is d recent deadline given by the NSE to companies to release results

I think it is 31th of October, 2016 but I am not too sure. Maybe some other person can clarify.

currentprice:


with this report GTB on it way to N36 fair value

let see how it goes

_{^{impairment goes up by 570%}}

The value won't change, if GTB is not issuing any Dividend/Bonus .

Remember the reaction to UCAP result.

OBAGADAFFI:


The value won't change, if GTB is not issuing any Dividend/Bonus .

Remember the reaction to UCAP result.

my brother UCAP was rightly value at that price with Q3 report. I expect gtb at above 30 soon

currentprice:


my brother UCAP was rightly value at that price with Q3 report. I expect gtb at above 30 soon

^{grab you unit as soon as you can.}

Ok, tomorrow will be GTB first litmus test.

Most investors won't put their monies in any stock with no immediate value.

It will be JIJO all the way.

ExLaidback:
It's pertinent to note that UBA's total earnings has perhaps for the first time in a long time exceeded that of GTB. While NSE sentiments may favour GTB for now, I do think that UBA is a much better buy considering present SP and value (i.e. if they get to add the FX gains to their dividend pay for FYE 2015). If they add the FX gains, their EPS would be very close to that of GTB (it ought to be higher but for the fact that they have a 23% higher OS than GTB).

We are watching, unfortunately my money is tied down in UCAP. So I no fit enter UBA.

This no be buy or sell recommend o

Which ever way you look at it,at the current price,uba gives a better value for money.However, you have to look at thier history and antecedent,then one would understand while investors are cautious about uba.If uba shows more consistency in its operation,then,i will say it is only a matter of time,it will be rightly priced.

@ locodemy,
Kindly send a screenshot of d 20 million units of fcmb u bought @ n1

I went through your posts and found out u are a low life. I hated myself for even replying u. I shld HV ignored u cos brats always look for ppl to drag down. Stupid boy!

mercylicious , Did your wedding changed your personality or someone else has access to nairaland acct?

I doubt ur d same mercylicious.

Tritri:
mercylicious , Did your wedding changed your personality or someone else has access to nairaland acct?

I doubt ur d same mercylicious.

Probably her account may have been hacked by bigass.