WorldAmbassador:

DeRuggedProf:
Evening draws nigh.
-If thy fortress (support) is still far, thou might choose to embark on an early journey.
-Tactical manoeuvres are permitted in battle.
-The spirits have taken over the battle on behalf of our mortal enemies.
-The mortals must retreat till the war rules are restored.
-A battle is not planned on the battlefield.
-The casualties are not restricted to those dead or with severed limbs.
-Patience is a virtue only where the end result is not inevitable pain.
-Rain and blindness are never introduced when they meet.
- TA is in its glory days, eclipsing fundamentals....

pluto09:

Tritri:



Pluto09 do u understand wat d prof is saying ? Pls break it down for me

Intendy:
http://nse.com.ng/Financial_NewsDocs/19356_G.T_BANK-AUDITED_HALF_YR_JUNE_2017_FINANCIAL_STATEMENTS_AUGUST_2017.pdf

holm:

lancee:
Zee punishment still goin on

bigjay01:


Sold Zenith Bank @ 25.6 - Started buying back at 24.6 & 24. Had my 22.5 bid rejected today. Will try again tomorrow.

Sold GTB @ 38.6 - Had a 38.2 bid rejected today. Will try again tomorrow.

NB - I am not normally a seller (I have only sold twice in 10 yrs). This time was only 'cos I am trying to move from my analogue broker (Signet) to Morgan.

jinnyz:
Did GTB declared any interim dividend

pluto09:

Kingchuks:


30k

bigjay01:


Sold Zenith Bank @ 25.6 - Started buying back at 24.6 & 24. Had my 22.5 bid rejected today. Will try again tomorrow.

Sold GTB @ 38.6 - Had a 38.2 bid rejected today. Will try again tomorrow.

Also sold ETI @ 16.8 (bought at 8.9 in 2009). Apart from capital appreciation, it hasn't returned much. The proceeds will be moved to GTB.

NB - I am not normally a seller (I have only sold twice in 10 yrs). This time was only 'cos I am trying to move from my analogue broker (Signet) to Morgan.

Intendy:
http://nse.com.ng/Financial_NewsDocs/19356_G.T_BANK-AUDITED_HALF_YR_JUNE_2017_FINANCIAL_STATEMENTS_AUGUST_2017.pdf

30kobo

Kingchuks:


30k

currentprice:


overvalued

this GT result make zenith look too cheap.

based on Q2 report GT fair price is N28

^{it my own opinion,,,,always check my siggy below before taken any action on what i post here}

DeRuggedProf:


Pluto09.
GTB Vs Zenith Half year.
A clinical and digestible comparison will not be unacknowledged.
Less fundamentally endowed at a loss for result ranking between orange/white and adulterated red.
Kindly separate the fight for us.

currentprice:


if zenith and GT maintain same result at year end both should be selling close to same price around N40 plus...the only thing that will make gt superior is it high roe

zenith at currentprice or below is good bargain compare to Gt currentprice

^{it my own opinion,,,,always check my siggy below before taken any action on what i post here}

dipoolowoo:
Investors Lose N295b as Access Bank Trades N1.9b Shares
https://www.businesspost.ng/2017/08/15/investors-lose-n295b-access-bank-trades-n1-9b-shares/

stokfrick:


I noticed that investors do not only look at EPS but also efficiency when comparing peers in a sector. I think that's why they will always price gtb higher than zenith
Same thing is happening to stanbic!
Gtb is about 50% efficient while zenith is about 25% efficient

EchoLima262:


Thank you sir. You hit the nail right on the head with the bolded. I am a long termer and have not given a sell instruction for years! I made a detour when a few months ago I saw Oando which I have been carrying at an average of N7.00 go up to N10.50. Note the stock has not added any value to me! I then decided to open another account to trade while I retained my investment account elsewhere. But with the stated scenario, I think I will stick to my strategy but weed out stocks like Oando.

stokfrick:


I noticed that investors do not only look at EPS but also[b] efficiency[/b] when comparing peers in a sector. I think that's why they will always price gtb higher than zenith
Same thing is happening to stanbic!
Gtb is about 50% efficient while zenith is about 25% efficient

ihedioramma:
Weed OANDO out ? if you do that you are jijo master and not investor . the people that bought c&i the time i said it, it was below #.60 than last week they make 100%+ . Any body that don't have OANDO now is not investor, okomu oil is small in what OANDO will do to the market one day .