• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result

These Are The Stocks To Watch This Week (October 20 − 24, 2014)

Nairametrics by Nairametrics
October 20, 2014
in Uncategorized
Share on FacebookShare on TwitterShare on Linkedin

Last week all the stocks on our watch list had significant price movements as expected. We had included Oando, Access Bank, Seplat, Forte Oil and Nigerian Breweries on our watch list.

Last Week’s Watch list

 

RelatedStories

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

July 2, 2025
World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

July 2, 2025

This week we have identified the following stocks for our watch list.

Access Bank – Following the SEC’s press release last week confirming that it was investigating the controversial technical suspension on Access Bank’s shares I expect the management of the company to issue an official statement of their own. Whatever they say will be closely monitored by the markets and will have a significant effect on their share price. Access Bank shares closed N8.30 which is 60kobo or 6.7% off their scheduled IPO price of N8.90.

FBNH – FBNH stock was in the news last week after reports surfaced that London Mining Plc, a Sierra Leone based company could go bankrupt if it ran out of cash. The company borrows about $200million from a consortium of banks including FBNH subsidiary in the Uk. The stock dropped t as low as N11 last week only to rebound 7% higher at the close of trading friday. There is bound to be significant movement with this stock in my opinion as investors will continue to seek bargains and profit taking. The share price moving at the end of the week will depend on if the bargain hunters are more than the profit takers.

Transcorp – Transcorp Hotels Plc closed its IPO on Friday October 17 and one hopes the company was successful at raising enough capital. The parent company shares Transcorp dropped to N4.69 from a high of N5.79 this month as the profit seekers dumped the stock amidst the sell offs. The company can come under focus again if it releases its results next week.

Dangote Sugar -The Sugar Giant was badly beaten last week dropping to a year low N7. The company has been hit by a fall in commodity prices this year and have also had to face up with gas shortages affecting their volumes.  Some also feel the stock is probably over priced in terms of multiples when compared to similar companies around Africa. Whilst this conclusion seems unacceptable to many it does lay credence to the continual slide in its share price. This stock could fall below N7 for the first time this year.

Seplat Plc – Seplat was in our watch list last week on the back of the crash in crude oil prices. The company shares lost N91 or 14% to close at N548.3 it’s lowest since it had its IPO. The board of directors of the company are set to meet on october 29 to agree on interim dividend payments. However, I believe the global drop in oil prices will be tops on the agenda for the company and will hope that by then the slide in it’s share price would have at least bottomed out. If the Oil price slips below $70 this week then I suppose Seplat will be affected as well. The market seems hell bent on making us believe the crude oil price is directly correlated to Seplat.

What stocks are on your radar this week? Drop a comment or send us an email ugodre@nairametrics.com

 

Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 
Health

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

July 2, 2025
World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 
Agriculture

World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

July 2, 2025
Karl Toriola, MTN Nigeria
Legal & Regulations

NCC vs MTN: AGF to decide on criminal charges facing CEO Karl Toriola 

July 2, 2025
NCC,
Renewables & Sustainability

NCC, REA move to cut $350 million annual diesel cost for Nigerian telecom operators 

July 2, 2025
IMF, Import restrictions
Economy

IMF backs CBN’s tight monetary policy to curb inflation

July 2, 2025
Dr Tunji Alausa, National Prescription Policy in Nigeria
Education

FG launches N50m student fund for 300-level innovators

July 2, 2025
Next Post

CBN Just Released These Key Data On Nigerian Banks

Comments 1

  1. SAMUEL JIMOH says:
    June 3, 2015 at 5:33 pm

    I love your analysis and would appreciate I get latest information regularly. is it okay to buy Seplat oil now at it current price. and how about Nestle, Guinness, OANDO, MOBIL, I WILL BE EXPECTING REPLY, THANKS.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 
  • World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 
  • NCC vs MTN: AGF to decide on criminal charges facing CEO Karl Toriola 

Follow us on social media:

Recent News

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

FG treats 30 million Nigerians with ivermectin in major push against tropical diseases 

July 2, 2025
World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

World Bank disburses N3.8 billion to boost climate adaptation in Yobe communities 

July 2, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics