UBA, Julius Berger, FCMB high shares to survey this week

uba,-julius-berger,-fcmb-high-shares-to-survey-this-week

Corporate results for every the third quarter and the 9-month duration to September are initiating to be issued and each earnings season marks one of essentially the most pivotal moments that spur arresting appreciation or decline in fragment prices reckoning on the performance of companies earnings.

As the season extra unfolds and the delivery of enterprise experiences gathers tempo, shrewd merchants will be watching out for key performance indicators for what next step to select.

PREMIUM TIMES has assembled a series of shares with fundamentals and other seemingly, adopting key analytical approaches to construct you the pain of randomly picking equities for funding.

The option, a produced from analytical market survey, provides a handbook to entering the market and judge strategic positions in hopes that equities will obtain mark with the passage of time, seriously within the short duration of time.

Here’s no longer a capture, sell or take care of recommendation. It is seemingly you’ll maybe maybe even delight in to delight in your monetary handbook earlier than taking funding selections.

UNITED BANK FOR AFRICA (UBA)

UBA tops this week’s option on posting moderately stronger earnings and profit for the 9 months to September, when profit leapt by greater than one-third to N104.6 billion and turnover expanded 7.9 per cent.

UBA’s Earnings Per Allotment (EPS) stands at N1.50, whereas its Mark-to-Earnings (PE) ratio is 2.31 per cent as of 07.54 WAT on Monday. Its unit mark is N8.40.

JULIUS BERGER

Julius Berger makes the pack for trading below its intrinsic mark, implying that its fragment mark stands a shining probability of rising well above its recent mark within the short duration of time. The lender closed replace on Friday at N2.74 per unit, with a PE ratio of 2.29 and an EPS of N1.20.

FIRST CITY MONUMENT BANK (FCMB)

FCMB makes the take care of for currently trading well below its accurate mark, which brightens its potentialities of appreciating considerably soon.

The stock has an EPS of N0.87 with a PE ratio of 3.55, whereas its mark is N3.10.

FLOUR MILLS

Flour Mills facets on the checklist by virtue of being priced below its intrinsic mark. Its PE ratio is low at 4.50, making the stock, which sells at N29.10 per fragment cheap for funding.

MAY & BAKER

May maybe maybe well well moreover & Baker facets in this week’s option for being priced below its accurate mark. For the time being trading at N4.36 per fragment, the stock has an EPS of N0.62 with a PE ratio of 6.96.


FLOUR MILLS OF NIGERIA

Flour Mills appears to be like on the checklist for trading below its accurate mark. The stock became priced at N29.30 per unit on Friday with a PE ratio of 4.53 and an EPS of N6.47.

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