If you are a value investors and have some of these stocks in your portfolio then you may look away as the data is heart wrenching. If you however, have the stomach for bad news, courage and patience that a value investor requires then maybe just maybe this is another perfect opportunity to average down your cost.
| COUNTER | YtD % ∆ | Yr high | Yr low |
| TRANSNATIONAL CORPORATION OF NIG. | -40% | 3.5 | 1.96 |
| FIRST BANK OF NIG. PLC | -41% | 10.19 | 5.23 |
| ETERNA OIL & GAS PLC | -41% | 3.05 | 1.75 |
| DANGOTE FLOUR MILLS PLC | -42% | 4.9 | 2.66 |
| OANDO PLC | -42% | 18.69 | 9.41 |
| NORTHERN NIGERIA FLOUR MILLS PLC | -42% | 18.05 | 10.47 |
| CHAMPION BREW. PLC | -43% | 8.11 | 4 |
| DIAMOND BANK NIGERIA PLC | -51% | 5.45 | 2.76 |
| EVANS MEDICAL PLC | -73% | 2.28 | 0.61 |
Mr Ugoo, Good day. am seriously worried about fbnh and access bank performances so far. But, on the contrary i think this could be an opportunity in disguised. Do you share my view? Thanks
I share your view completely. However, remember to be patient as prices will take some time to rebound again. Ugodre
Access bank is already moving northward after its first quarter result. Patience is the answer