Q3 results are expected to start trickling in this week and will continue till the end of the month. As usual, it’s time for analyst to weigh in on their predictions of how results will looks like. Thisday reports, analyst are already predicting dismal results for this quarter in view of the CRR, Forex depreciation and several other issues affecting the banking industry.
From the look of things if their prediction is right then now may be the time for bargain hunters to start cherry picking undervalued bank stocks. There are many of them now by the way.
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Hi Ugo,pls can you suggest any company whose stock is less than a naira now and as the potential of getting to 3 naira in 2 months time
I don’t recommend buying stock based on that premise because It is a wrong way to make investment decisions like that. What you are basically saying is that you are looking for a stock that can grow by 300% over 2months!! That is not something anyone can predict for you in this market.