Mcy56:
Where are the naysayers saying Kasala will burst in Q2 results?

Zenith performed very well with EPS of 3.30 in Q2 2020 against 2.83 in Q2 2019

Interim dividend: 30kobo proposed. Higher than last year own self.
Zenith: northward mvmt here we come...... *Edited*
Oga RabbiDoracle your Zee don land ooo.

Yes o. Thanks so much.

I saw it yesterday. Wonderful result. Better than GTB sef.

Most of the banks results have been better than expected.

RabbiDoracle:


I hold 1 of the stocks. Been holding for long.

But that doesn't mean it will not fall back.

Gold has just gone to the market to buy shovel. Digging continues today.

You know gold is up right now

RabbiDoracle:


With 5 for 1 stock split done by Tesla, the $278 is now equivalent to $55.

It can go lower oh

RabbiDoracle:


Yes o. Thanks so much.

I saw it yesterday. Wonderful result. Better than GTB sef.

Most of the banks results have been better than expected.

Most banks in Nigeria especially the big boys - FUGAZ know how to navigate in murky waters; whether regulations by CBN, govt policy, the country's economic woes etc. they will always find a way to make profit.

sincerelymine:
Why is ETI still dragging.....its being influenced by the elephant?

No serious catalyst yet, any upward move now is sentimentally driven,however if you have the stock at current price or below, just hold, all good stocks have their time(investing is a waiting game), moreover he that is down has nothing to fear

nosa2:


You know gold is up right now

Yeah. But it is called a headfake.After a while, it will drop to continue its direction. It will spiral out of control as equities spiral as well.

nosa2:


It can go lower oh

Very possible. At 55, we will check the charts again.

Ellah lakes is in the news, they want the raise funds for Oil Palm expansion.

I think some8is brewing the Agriculture sector

RabbiDoracle:


Yeah. But it is called a headfake.After a while, it will drop to continue its direction. It will spiral out of control as equities spiral as well.

Oh, I pity the fool who listen to you *In Mr.T voice

I’ve played the NYSE na time for nse now, zenith bank all in!!

ebuka1997:
I’ve played the NYSE na time for nse now, zenith bank all in!!

I agree the time to come back to the NSE is close but I'm waiting for one last collapse in the Naira.

ebuka1997:
I’ve played the NYSE na time for nse now, zenith bank all in!!

Your sense of timing is spot on!

dinyelutochukwu:


Your sense of timing is spot on!

To be honest, I was afraid before the crash.. on Wednesday the signals were showing. I quickly got little puts into Wednesday. It’s a bears market there now, tesla is down 6% premarket already

nosa2:


I agree the time to come back to the NSE is close but I'm waiting for one last collapse in the Naira.

I’m prepared to hold zenith bank for years so I’m not worried again. This result is impressive

ebuka1997:


To be honest, I was afraid before the crash.. on Wednesday the signals were showing. I quickly got little puts into Wednesday. It’s a bears market there now, tesla is down 6% premarket already

Ninja. Oil stocks in Europe seem to be doing well......

ebuka1997:


I’m prepared to hold zenith bank for years so I’m not worried again. This result is impressive

In the next few months, after gold hits $3k I'll start coming back to the NSE

onegentleguy:


Dem go hear !!

There are clear signs that when it begins to rain, it will likely pour.
Unfortunately, advise when most needed is least headed.

Btw, I will exclude BTC and Oil amongst the assets u mentioned, for good reasons though.
...the probability that both will fall with the others is nearer to 0 than 1.
The current drop in BTC was expected. But I don't see it going below the March low or even the $9-10,000 level in the near term.
As for Oil, the gradual turn in global events including increased economic activities from fewer restrictions, post covid-19 is ur friend naw.
I see oil price trending gently upwards from here.

It is well.

Bitcoin in my opinion is going to dig below that $9,000 mark but definitely won't get to the lows experienced in march.

dinyelutochukwu:


Bitcoin in my opinion is going to dig below that $9,000 mark but definitely won't get to the lows experienced in march.

I wish I had the balls to invest in bitcoin sha.

I envy you guys.

#TitaniumBalls

nosa2:


Ninja. Oil stocks in Europe seem to be doing well......

They weren’t in a bubble like tech, since the March crash tech has been seeing 300% increases but oil has been stable so there’s limited downside compared to tech.

ebuka1997:


They weren’t in a bubble like tech, since the March crash tech has been seeing 300% increases but oil has been stable so there’s limited downside compared to tech.

Yep. And I expect the Robinhood crew to come and meet me in the gold and oil party

nosa2:


Yep. And I expect the Robinhood crew to come and meet me in the gold and oil party

Lol you mean the guys that lost almost their whole portfolio in Apple and Tesla calls

RabbiDoracle:


With 5 for 1 stock split done by Tesla, the $278 is now equivalent to $55.

$2k+ before split

nosa2:



I wish I had the balls to invest in bitcoin sha.

I envy you guys.

#TitaniumBalls

Lol seriously they’re trying especially the traders... a market that never closes

nosa2:


Oh, I pity the fool who listen to you *In Mr.T voice

Because of what you have said, I'm lowering the price I will buy the gold from you.

From 1,300 to 1,200.

Princkez:
http://www.nse.com.ng/Financial_NewsDocs/31373_FIDELITY_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR.pdf Fidelity Bank

On FIDELITY BANK;

Great financial print.
Earnings/Growth trajectory very much intact.

...it's a BUY @ the current mkt price !!
Needs to close that gap with its direct peer FCMB.

nosa2:


In the next few months, after gold hits $3k I'll start coming back to the NSE

3K should wait first.

Let it try and overcome the downward pressure.

This thread is being derailed..

Justcul:
This thread is being derailed..

How? All I see is UGAZ and fidelity result comments.

Jerry59:
Lol seriously they’re trying especially the traders... a market that never closes

And the thing can drop like 20% for no reason

RabbiDoracle:


Because of what you have said, I'm lowering the price I will buy the gold from you.

From 1,300 to 1,200.

make we dey look na.

Jerry59:
Lol seriously they’re trying especially the traders... a market that never closes

That is one of the reasons crypto sweet pass stocks

Justcul:
If GTb by mistake close above N25.5 by friday, hen, bye bye

Guarantee has broken out.. if it closes as stated above..