Chibuking81:


In normal circumstances, did you know that as it stand now, that Diamond bank is undervalued in price when compare with Dangote flour, UBA and Access.

Diamond bank at current price of #1.15 x 5.6 = #6.44

While Dangote flour is #6.44 which is 5.6 unit of Diamond bank

By their q2 earning
Diamond bank earn 40 kobo per a share, when compare with Dangote flour, 40 kobo x 5.6 = #2.24

While Dangote flour earn #1.16 per a share.

(#1.16 x 2 of Dangote flour = 2.32, i.e Diamond need to be double)

I think to close the gap, Diamond bank suppose to be selling at #2.30 (i.e #1.15 of their current price times 2), and still on that, it still undervalue because, we believe that Dangote flour on their current price is undervalued.

valacious:
Not to digress, but I believe moving soldiers to the south east was a wrong move by the president. It sure will have a ripple effect on the markets; and I doubt if Mr President even knows the meaning of NSE.

Chibuking81:


In normal circumstances, did you know that as it stand now, that Diamond bank is undervalued in price when compare with Dangote flour, UBA and Access.

Diamond bank at current price of #1.15 x 5.6 = #6.44

While Dangote flour is #6.44 which is 5.6 unit of Diamond bank

By their q2 earning
Diamond bank earn 40 kobo per a share, when compare with Dangote flour, 40 kobo x 5.6 = #2.24

While Dangote flour earn #1.16 per a share.

(#1.16 x 2 of Dangote flour = 2.32, i.e Diamond need to be double)

I think to close the gap, Diamond bank suppose to be selling at #2.30 (i.e #1.15 of their current price times 2), and still on that, it still undervalue because, we believe that Dangote flour on their current price is undervalued.

PETERiCHY:


This your theory is for a country with a stable economy and a right thinking president not the one that is orchestrating a civil war in south east and you want me to leave my hard earned money in NSE

Mpeace:
https://www.businesspost.ng/2017/09/13/aviation-firm-files-45 m-suit-diamond-bank/ wahala dey oh. 45million dollars no be beans oh.

Mpeace:
https://www.businesspost.ng/2017/09/13/aviation-firm-files-45m-suit-diamond-bank/ wahala dey oh. 45million dollars no be beans oh.

Tritri:
@Chibuking81

You worry too much ! .

Is it becos of THIS HARMLESS BIAFRA AGITATION THAT WILL CAUSE WAR??

in the days of MASSOB , MEND ,BOKO HARAM war never even start self.

All this news will be forgotten next week. # TRUTH

Companies will still release there Q3 next mths. # TRUTH

valacious:
Not to digress, but I believe moving soldiers to the south east was a wrong move by the president. It sure will have a ripple effect on the markets; and I doubt if Mr President even knows the meaning of NSE.

soloniger:
Oga Intendy, @all, the closure date is 14th - 18th September, what is the fate of those who buy today 14th to 18th, dividendwise.
Thanks

Intendy:
The equity price of HONEYWELL FLOUR MILL Plc was adjusted today 14th of September, 2017 for a dividend of N0.06 as declared by the board of directors. The last close price was N2.10, hence the ex-div price N2.04.

rebekah2011:
No dividend Sir

soloniger:
Oga Intendy, @all, the closure date is 14th - 18th September, what is the fate of those who buy today 14th to 18th, dividend-wise.
Thanks

soloniger:


Thanks bro.

Oga DeRuggedProf long-time-no-hear you are welcome, were is BullBearMarket?

Intendy:
stock with new 52 week highs

air services #6.50k

no stock with new 52 week lows

currentprice:


this stock is now overvalued @ 40% premium in my opinion

zendi:


And when the east is fast becoming ungovernable?
With the reported formation of the BSS, how long before Igbo people themselves are disappearing from their homes on accusations of sabotaging the 'struggle '?
A president has more to think about than markets conditions.
There is a far bigger thing called national security...