NewStats: 3,264,700 , 8,184,438 topics. Date: Thursday, 12 June 2025 at 05:52 AM 3c2z1

Godlylifeoneart:
STERLING BANK PLC
Hmmmmm
What a focus team!
Accolades
Bravo
The bank that outperform the NSEASI 2018
Innovative and disruptive product is their order of the day
This bank is out to disrupt the deposit money banks, the savings attitudes of Nigerians.,should the DOUBLE BY STERLING SUCCEEDS

https://techpoint.africa/2019/04/03/sterling-bank-launches-doubble-nigerias-fastest-investment-portal/

THE BANK AT A GLANCE
Current Price.. 2.74 NGN
52 week price range N1.20 to N2. 74
Average monthly volume 25 million +
Shares outstanding 28.74 billion
Market Cap... NGN 78 billion +
EPS. 0. 32
P/E ratio 8.45
Price to Book Ratio. 0.8066
Price to Sales Ratio. 0.5184

1 YEAR RETURN 64.14%

2018 (Billions NGN)
Revenue 152.0 billion
Net Income. 9.0Bilion
Profit Margin 11.20%

Total Assets 1,103.0
Total Liabilities 1,005.0
Debt to Assets 18.69%

CASH FLOW (BILLION)
Operating -17.0
Investing -66.0
Financing 51.0

OPINION.. STERLING CHART IS NOT FORMING A SOON. MAY CROSS THE N3. 00 by may if the Q1 report is fantastic like the Q4 2018
The bank is on course to beat the NSEASI again in 2019
The good... So far, STERLING offers capital appreciation
The ugly... Poor historical dividends yield
A good product for investors and traders
Future value(2020 jan .... N4. 10
based on present key statistics and sentiments
The renew interest by Indian investors and NSEMPA
The vision of the current management and executives to grow the bank
The innovative products DOUBLE by sterling (I am yet to see a product that matches it in the domestic market) It might disrupt the MMF....
I am somehow scared of the product coz it sound too good to be true
Hope we are not being sold another MMM (lol)
The product targets Nigerians both at home and abroad, ease of opening xplesavings and domicilary s, and the potential on investment returns
Might turn sterling into a big player if well managed.


Verdict...... Hmmmm.... Not to late to the bus
2019 investment return... 40 to 60% in horizon
Disclosure... I have 100,000 units and hope to get more dz month. A worth risk.
No more room for bargain hunters and short sellers in sterling Bank Nigeria plc for now, however the bank seems to welcome traders and investors with holding period of 3 to 9 months or more. This deduction was made with 5 years in depth observation of the charts.
Mark down price is a rare occurrence in sterling Bank



NEXT PUBLIC ANNOUNCEMENT for 2019 Q1 26/04/2019

Loool!

P/E ratio of 8.45 and with price to book and price to sales of below 1
Hahahahahahahahaha.

Let me not talk too much.

Godlylifeoneart:
fellow investors, has any1 observed the DEPRIVATION melted at us by JUMIA NG
One would have expected this company to list on NSE but the opportunity was taken to the US BOURSE NYSE
A company valued at $2.5 Billion would have had an instant impact on the Nigeria bourse.
A company that made almost 70% of its earning from Nigeria economy.
The company that will still make 90% of its future profits from the same economy
TO me ,the listing has more disadvantages. and the disadvantages outweighed the narrow and imaginary benefit they might have conceived
THE DIGITAL GOLD RUSH OF JUMIA AKA AFRICAN AMAZON HAS BEEN TAKEN AWAY FROM US
I WISH A TRUE NIGERIACENTRIC START UP COMPANY CAN EMERGE AND RELEGATE JUMIA TO KENYA
DESPITE ALL THE ODDS,THE UNFAVOURABLE BUSSINESS CLIMATE,THIS COMPANY STARTED FROM GROUND ZERO AND ATTAINED THE CLIMAX OF DIGITAL GOLD RUSH IN SAME ECONOMY.
I WILL NOT BE SUPRISED,IF THE LISTING IS SHORT LIVED,THEY MAY COME BACK TO LIST THE SCRAP ON NSE.
WHAT IS YOUR VIEW ?
The available information at public disposal was that the company was never incorporated in Africa
This imply an identity theft
they stole the african name, capitalised on weak regulatory activities and off they go
African countries are not good enough to be part of their success stories
in other word ...USED AND DUMPED

Jumia is an overvalued tech company living in a bubble, Nigerians should be happy they didn't list it here. The only position to take with Jumia is a short-selling position.

DOLLARTEX:
see ooo,my boss is truly in love.let me come and be going before they say I am jealous!

Hahahahaha.

Is love not sweet?

GonFreecss1:
Is this supposed to be addressed to me? Lmao!
I am here to make money, learn from others and advise when I can. Lastly I am also here for love, yes sweet sweet loving with my woman Mcy56, lol!
I have been quite ill and stressed for a while and was struggling to read past the pages I missed. I am sure my love will understand.
And as for dealing with anyone here left, right and center lol! I trust my woman, it's nothing. If I am here I will have her back. If I feel she is wrong I will tell her also. That is the person I am and I know she luffs me like that.

Lol. Good to have you back. I understand. Hope you are feeling much better now.
Dont mind the oga, we are peace loving pals and dealing with anyone will be the last thing to do, not to even say the least - faceless person hating unnecessarily for standing by the truth.
Thanks for the nice words.
I'll be limiting my comments here from now on. I no fit shout.

GonFreecss1:
I am so Proud of you (chop kiss... ), we understand ourselves too well.
Happy to be back.

Investors Oversubscribe Ecobank $450m Eurobond
https://businesspost.ng/2019/04/19/investors-oversubscribe-ecobank-450m-eurobond/

Africa Prudential Considers New Ventures to Improve Earnings
https://businesspost.ng/2019/04/19/africa-prudential-considers-new-ventures-to-improve-earnings/

Yayira:

It’s public holiday.. you too like trading

Hehehehe...... You no say a no be investor na.

phemmie06:


Too much money, I am sure you don eye one or two stock you want to launch your net for today.

Hahahaha.... monitoring spirit.
But na small money I get o. People wey get big money no de trade. Dem go just look for some fundamentally sound stocks like SEPLAT, NESTLE, GTB, ZENITH, UBA, ACCESS, TOTAL, MOBIL, CUSTODIAN, DANGOTE CEMENT, put their money inside and them go go sleep dey wait for dividends. One financial year end dividend from only one of these companies reach dem build new house. Me never reach that stage o.

"...He would have been right if the Nigerian Capital market was also not in a bubble; engineered by the banks themselves who had granted margin loans to their customers to buy their shares in the stock exchange which made their stocks quickly appreciate, even without any corresponding improvement in fundamentals.

Soludo would also have been right if the Nigerian economy was (and still is) not overly dependent on crude oil exports for foreign exchange earnings and revenue; thus making the economy vulnerable to “oil shocks”. As the global demand for crude oil retreated and prices succumbed to speculative pressures, the economy started caving and Soludo’s statement ended up being only a damp squib.



Were these the true reasons for the Nigerian financial / economic recession in 2008?

swilo:
"...He would have been right if the Nigerian Capital market was also not in a bubble; engineered by the banks themselves who had granted margin loans to their customers to buy their shares in the stock exchange which made their stocks quickly appreciate, even without any corresponding improvement in fundamentals.

Soludo would also have been right if the Nigerian economy was (and still is) not overly dependent on crude oil exports for foreign exchange earnings and revenue; thus making the economy vulnerable to “oil shocks”. As the global demand for crude oil retreated and prices succumbed to speculative pressures, the economy started caving and Soludo’s statement ended up being only a damp squib.



Were these the true reasons for the Nigerian financial / economic recession in 2008?

Yep. A major part of it.

GonFreecss1:


Yep. A major part of it.

Since Oracle wrote on a likely recession sequence, I have been trying to understand how the previous recession in 2008 really happened. Nigeria had to shore up the global financial crises amidst the confidence in its system only because of our dependence on the USD cum crude oil.

Would that mean that once the US economy shakes then we know that an impending crash in NSE is near?

http://www.dailyadvent.com/politics/2019/04/20/nigerians-are-living-in-a-vicious-cycle-of-poverty-bismarck-rewane-declares/

longlife20:
http://www.dailyadvent.com/politics/2019/04/20/nigerians-are-living-in-a-vicious-cycle-of-poverty-bismarck-rewane-declares/

too much talk.

GonFreecss1:
People happy about minimum wage are not doing the proper maths.

Hhmmm. it is well.

GonFreecss1:
Loool! P/E ratio of 8.45 and with price to book and price to sales of below 1
Hahahahahahahahaha. Let me not talk too much.

My luv talk not too much.
Allow the oga do his marketing in peace. Dont let anyone come for your head. Dont you notice that he loves to promote his stock biz once he enters anyone?
Hope you are feeling much better dear.
Na you and my ogas I come greet here. Happy Easter, may the season usher in abundant blessings, peace and joy to us all IJN.

Access Bank Gets Hold Rating With Cautious Outlook
https://businesspost.ng/2019/04/20/access-bank-gets-hold-rating-with-cautious-outlook/

Guinea Insurance Seeks More Time to File FY 2018, Q1 2019 Results
https://businesspost.ng/2019/04/20/guinea-insurance-seeks-more-time-to-file-fy-2018-q1-2019-results/

swilo:



Since Oracle wrote on a likely recession sequence, I have been trying to understand how the previous recession in 2008 really happened. Nigeria had to shore up the global financial crises amidst the confidence in its system only because of our dependence on the USD cum crude oil.

Would that mean that once the US economy shakes then we know that an impending crash in NSE is near?

For the Nigerian Economy, your concern should not even be US economy or their dollars, it might affect us, but will come slowly like a ripple effect and might not hit us as strong as those around the US.

What I do know that decides the strength of everything in our economy is the price of crude oil. If you check the charts you will see it clearly.

Mcy56:

My luv talk not too much.
Allow the oga do his marketing in peace. Dont let anyone come for your head. Dont you notice that he loves to promote his stock biz once he enters anyone?
Hope you are feeling much better dear.
Na you and my ogas I come greet here. Happy Easter, may the season usher in abundant blessings, peace and joy to us all IJN.

Amen dear. and same to you.

And thank you, I feel so much better now. I now have strength for performing my duties if you know what I mean.

Deadlytruth:

Hahahaha.... monitoring spirit.
But na small money I get o. People wey get big money no de trade. Dem go just look for some fundamentally sound stocks like EPLAT, NESTLE, GTB, ZENITH, UBA, ACCESS, TOTAL, MOBIL, CUSTODIAN, DANGOTE CEMENT , put their money inside and them go go sleep dey wait for dividends. One financial year end dividend from only one of these companies reach dem build new house. Me never reach that stage o.

You see now na only oga at the top can have this

GonFreecss1:


Amen dear. and same to you.

And thank you, I feel so much better now. I now have strength for performing my duties if you know what I mean.

I guess what he need is kisstoquine.

phemmie06:

You see now na only oga at the top can have this

Ogas at the top like you.

Happy Easter everyone!
Wishing us all happiness, prosperity, continued success and green portfolio.
We should always the theme of Easter, which is this: Christ died for our sins, rose up for our justification and gave us hope of eternal life. May His death not be in vain over each and everyone of us in Jesus name. Amen

GonFreecss1:
Amen dear. and same to you.
And thank you, I feel so much better now. I now have strength for performing my duties if you know what I mean.

Lol. See my mood now....

phemmie06:
I guess what he need is kisstoquine.

You eehhnnn. Did you say 'he'?

Chai! This thread is dry, where are the PDP ?
We will not.....

Mcy on your Raleigh bicycle! ......Make somebody no come spoil my already good mood for my luv.

Mcy56:
Chai! This thread is dry, where are the PDP ?

On Easter break....

Godlylifeoneart:
fellow investors, has any1 observed the DEPRIVATION melted at us by JUMIA NG
One would have expected this company to list on NSE but the opportunity was taken to the US BOURSE NYSE
A company valued at $2.5 Billion would have had an instant impact on the Nigeria bourse.
A company that made almost 70% of its earning from Nigeria economy.
The company that will still make 90% of its future profits from the same economy
TO me ,the listing has more disadvantages. and the disadvantages outweighed the narrow and imaginary benefit they might have conceived
THE DIGITAL GOLD RUSH OF JUMIA AKA AFRICAN AMAZON HAS BEEN TAKEN AWAY FROM US
I WISH A TRUE NIGERIACENTRIC START UP COMPANY CAN EMERGE AND RELEGATE JUMIA TO KENYA
DESPITE ALL THE ODDS,THE UNFAVOURABLE BUSSINESS CLIMATE,THIS COMPANY STARTED FROM GROUND ZERO AND ATTAINED THE CLIMAX OF DIGITAL GOLD RUSH IN SAME ECONOMY.
I WILL NOT BE SUPRISED,IF THE LISTING IS SHORT LIVED,THEY MAY COME BACK TO LIST THE SCRAP ON NSE.
WHAT IS YOUR VIEW ?
The available information at public disposal was that the company was never incorporated in Africa
This imply an identity theft
they stole the african name, capitalised on weak regulatory activities and off they go
African countries are not good enough to be part of their success stories
in other word ...USED AND DUMPED

amidst the delisting going on here

Mcy56:

Lol. See my mood now....

Hehehehehehehe.

Hope you are having fun this easter holiday?

Mcy56:
Mcy on your Raleigh bicycle! ......Make somebody no come spoil my already good mood for my luv.

Now that I am here. They can't!

GonFreecss1:
Now that I am here. They can't!

Thanks dear. Let me see anyone forming enemy again, you go hear am.
Lol. Na joke o. ...... My luv, dont mind them, I'll always respect and make you proud by being my good self at all times. They cannot come and go and be spoiling my fun. I no get their time anymore. I'm calm and queitly enjoying my Easter holiday. I biliv you're having nice time too. Thanks.