Any idea what's happening in GTBank?

70 million units crossed at N28.5

Agba, you done enter markeet?

735i:
Any idea what's happening in GTBank?

70 million units crossed at N28.5

Agba, you done enter markeet?

No be Agba. Him this dey expire November, na dat time he go enter.

onegentleguy:


It's all part of the recent policies geared towards a cashless economy. However, I see it as attempt to want to do the RIGHT thing at the WRONG time.
A cashless economy is good, but in practice(not mere theory) it doesn't really exist.
What most developed and devoloping economies do is work to tap from the benefits by continually adjusting their system and structures.
The problem is that Nigeria is not ready for it yet. ...the structure to allow for an effective implementation is just not there.
A lot of policy tweaks and twist would need to be put in place if this would drive for more merits than demerits.
1st off, I think we have to create a business friendly environment.(Nigeria is clearly not) ...then work on our fiscal and economic policy ends to drive down bearing risk and encourage digital inclusiveness.

Even then, we will still need to start from somewhere.
U can not desire for a cashless economy, when in practice, ur barely managing to be cash-lite one.
What we need is a more expanded inclusive cash-lite policy... then we can gradually spread our tentacles towards been cashless by putting the right systems and structures in place.

...my take.

Overall, this policy is a plus for the banks.(more earnings pool, particularly from fees & commission)
However, it now makes a little more sense to exercise caution towards banks that have had contracting deposit pool and growth rate in income(interest income from the digital space in view).
...and align more with those experiencing the opposite heading into FY, 2019.

On that note, I like GTB, ACCESS, ZENITH, FCMB, UBA, FIDELITY, STANBIC and WEMA.

But I'll prefer to be cautious with banks like STERLING, UNION, UNITY and JAIZ BANK.

...but that's just me. So due diligence should still remain ur 1st priority.

735i:
Any idea what's happening in GTBank?

70 million units crossed at N28.5

Agba, you done enter markeet?

Lol if I get money for 7 million units of GTB, I don retire be that

Cherry going back to their stake..

wetin i sabi self.

EKUU Bull Mkt o

735i:
Any idea what's happening in GTBank?

70 million units crossed at N28.5

Agba, you done enter markeet?

Lol.. Gtb that will trade over 100m unit today. wait and see na

to close above N29 is possible self

akinssan:
Cherry going back to their stake..

You say what?

currentprice:


Lol.. Gtb that will trade over 100m unit today. wait and see na

to close above N29 is possible self

GTB should not start that one o

Agbalowomeri:


GTB should not start that one o

Abi o, we still want to buy o...

OakPearl:


Very true.
UACN, a cherry I'll keep picking until I beleful.

So it is now about picking cherries... Hmmnn. No wahala, let's all start looking for cherries even though it is not yet in season..

currentprice:


Lol.. Gtb that will trade over 100m unit today. wait and see na

to close above N29 is possible self

That would be game changer bull has arrived. GT always leads the pack.

stcool:


Sometimes I wonder if this people think at all. At the end traders in our markets will resort to keeping their money in their shops or houses.

As a proud owner of 37 filling stations and 45 osusu, I have to apply for banking license for my filling stations and osusu...

When they will roll it out nationwide then we know the end is near?

currentprice:


Lol.. Gtb that will trade over 100m unit today. wait and see na

to close above N29 is possible self

What of those that are still waiting at 19.xx naira using Price Volume Analysis.

Jejebabaa:


What of those that are still waiting at 19.xx naira using Price Volume Analysis.

Badt somebody.

Why are people selling UBA to buy Access and GTB?

swilo:
Why are people selling UBA to buy Access and GTB?

Access is the golden stock for now.

post amalgamation things.

swilo:
Why are people selling UBA to buy Access and GTB?

For you to load more UBA
The two new market leaders

Jejebabaa:


What of those that are still waiting at 19.xx naira using Price Volume Analysis.

Too late the Bus has moved.

swilo:
Why are people selling UBA to buy Access and GTB?

The mop up in GTB was fresh foreign funds oh. It's not recycled funds

Agbalowomeri:


For you to load more UBA
The two new market leaders

I was loading UBA small small but the people are pouring it on me now.

GTB sighted at 30..... stcool and peterichy dont worry, just dont leave your 19 bus stop, patience is key.

Wapco on a slow and steady move.

735i:


The mop up in GTB was fresh foreign funds oh. It's not recycled funds

the people buying don't care about bid or offer. Maybe they have seen something.

swilo:


the people buying don't care about bid or offer. Maybe they have seen something.

That GTB is a suspect

Agbalowomeri:


For you to load more UBA
The two new market leaders

Is today not the qualification date for UBA interim dividend?

sellydion:


Access is the golden stock for now.

post amalgamation things.

Access don't need any advertisement. Person wey no join na him own wahala

Coolcash1:


Is today not the qualification date for UBA interim dividend?

I think I saw payment date...

swilo:


the people buying don't care about bid or offer. Maybe they have seen something.

What else can they seeeee , good stock at good bargin. We are making money.

I just reduced (drastically) my holdings in Dangflour to join the movement. Make I no dey for 10% come miss 100% lol.

Mpeace:
Access don't need any advertisement. Person wey no join na him own wahala

Very easy 100%

swilo:


I was loading UBA small small but the people are pouring it on me now.

That is the problem with UBA. Though the bank always have good numbers to back it up, but when it comes to capital appreciation, it could be frustrating for the holders. FCMB and other small bank would have returned 150% appreciation before UBA will be struggling to give you 75%.