Stock to watch this week, Airtel Africa

Stocks to watch comprises the top gainers and losers from the previous week, as well as companies that are expected to have corporate actions.  

Stocks to watch is not a Buy/Sell/Hold list. <span data-ccp-props=”{“201341983″:0,”335559739″:160,”335559740″:259}”>

Guinness Nigeria Plc 

Guinness Nigeria tops this week’s watchlist, as the company will be holding a conference call on the 29th of August. This could be an indication that the firm would be releasing its full year results within the week. 

Access Bank Plc 

Access Bank takes the second place in this week’s watchlist, as the lender should be releasing its H1 2019 results anytime from now. Investors would be looking forward to the release of the results, as the bank has a tradition of paying interim dividends.  

Fidelity Bank Plc 

Fidelity Bank Plc takes the third place in this week’s watchlist, as the bank had stated that it would release its H1 2019 results on or before the 29th of August.  

UBA  Plc

Last week, UBA forwarded its H1 2019 results to the Central Bank of Nigeria (CBN). The results could thus be released any moment from now, hence its place on this week’s watchlist. Investors would keep an eye on the stock, as the bank has a tradition of paying interim dividends. 

Ecobank Trans International  

Ecobank Trans International was the best performing stock last week, hence its having a place in this week’s watchlist. The stock gained 33.33%, and could witness short term investors cashing in on profits, depending on how the market performs.  

Okomu Oil  

Okomu Oil has a spot in this week’s watchlist, as the stock was the worst performing last week. The stock declined by 8.85% to close at N40.15, and could drop further, depending on market sentiments.  

Arbico Plc et al  

Arbico Plc, ABC Transport Plc, Smart Products Plc, Aluminum Extrusion Plc, and Daar Communications Plc all have a joint place in this week’s watchlist, as the firms will be holding their Annual General Meetings (AGMs) this week.  

AGMs are opportunities for shareholders to gain insight into managements’ plans for the rest of the year.  

3 COMMENTS

  1. MY ACCONTS OF FCMB , NAHCO ,LEGACY FUND ETC WITH CARDINAL STONE REGISTRARS LIMITED
    Recall Some weeks ago I made a complaint against Cardinal Stone Registrars ltd on this platform for not getting required attention concerning some of my equities with the company .
    However , and a couples of days later I happened to chat with a lady by name Oluwadamilola . I must confess that the lady disarmed with her courtesy , respect , and approach .
    Not only that she requested for a few minutes , went into my files and both strikes the necessary goals .
    I must emphasized that the company has been doing excellently well on my equities with regards to Julius Berger and others except that defunct Inland bank , Skye , FCMB , Legacy Fund , NAHCO which all have now been amicably resolved as all my outstanding e-dividends have been electronically remitted to my bank account .
    For the avoidance of any doubt , I did not know the lady who addressed these but I have found her to be highly dedicated to her duties , well mannered , educated , cultured and well behaved in all facets of attending to a client .
    I must input with huge sense of humility to thank every body . May God bless and enlarge your coasts , work , potters and pauses .
    I also wish to add and loudly submit that in all my seminars , lectures etcetera wherever I am billed to deliver lectures on investment especially on Stock Exchange/ Market , I shall be making mention of your organization to high havens in praise and patronage to my audience and participants .
    Praying God to bring back good successes on the Exchange .
    I am yours sincerely
    Ola Ilesanmi .

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