Forte Oil – They released an impressive 2014 H1 results last week Friday that saw pre – Tax Profits rise 150%. The share price ended up flat but expect some movement here as momentum and positive sentiments will play it’s part.
Conoil – They topped the gainers chart last week gaining over 20% following its N4 dividend announcement as well as its impressive results. It is unlikely that the share price will gain that much again but I do expect some movements upwards in the beginning of the week and southwards by the end of the week.
GT Bank – They usually release their half year results late because it is audited and used as a basis to pay interim dividends. If they announce either this week, expect their share price to rise or drop depending on the strength of the announcement.
NEM Insurance – Many consider this stock the next big mover. It is yet to release it’s 2013 Full year results and neither has it released any this year. Nevertheless, many expect to see something that will drive the share price up. So, might it be this week that they will make an announcement
Transcorp – I expect some price movement for this stock this week. Sources inform me of a major impending announcement which may affect the share price positively or negatively.
These are my 5 stocks to watch this week. What are yours?