Thursday, December 18, 2008

THE NIGERIAN STOCK MARKET PRESENT A VERY BIG OPPORTUNITY FOR THE ANY DISCERNING INVESTOR AS THE PRICES OF EQUITIES WITHGREAT FUNDAMENTALS HAVE BEEN CONSISTENTLY. LOOK AT SOME OF THE EQUITIES LIKE FBN, UBA, OCEANIC SELLING BELOW N20 MARK; WHERE AS SOME OF THEM HAVE ATTAINED ABOUT N50 BEFORE.

THE AVERAGE PRICE EARNING RATIO OF THE BANKING SECTOR UN NIGERIA TODAY IS IN THE REGION OF 4 AND 5 WHICH MEANS THE BANKING STOCKS ARE VERY VERY ATTRACTIVE.

MEANWHILE MY RECOMMENDATIONS FOR NOW ARE:

SKYE BANK EXPECTED AUDITED RESULT. DIVIDEND YIELD 10% GUARANTEED AT ABOUT 6.50 PER SHARE.
UBA
ACCESS BANK
GTB