Last week, Nigerian stocks added N245 billion as the market reported appreciation on all trading days except Tuesday, with corporate actions and other developments shaping Premium Times Stocks to Watch.
We have put together a few stocks you may want to watch out for this week based on how the market fared last week and some fundamental factors.
Premium Times Stocks to Watch assembles equities with potential for good return on investment.
An investor may randomly assemble stocks for investment purposes. We have collated a range of stocks, adopting rigorous analytical approaches to save you the hassle of randomly picking equities for investment.
This is not a buy, sell or hold recommendation. You may have to involve your financial advisor before taking investment decisions.
DANGOTE CEMENT PLC
Dangote Cement tops our list by virtue of the proposed resumption of its share buyback programme.
The Earnings Per Share (EPS) of the cement maker is N17.83, while its Price to Earnings (PE) ratio is 12.34.
CONOIL PLC
Conoil features on our list on account of its proposal of N1.50 dividend per share for financial year 2020.
ALSO READ: Stocks This Week: Subdued trading dampens hopes of resounding recovery
The firm’s EPS is N2.19, while its PE ratio is 8.54. The qualification date is 2nd July, while the payment date is to be announced.
OANDO PLC
Oando makes our list for trading well below its intrinsic value. It has a PE ratio of 1.23 and an EPS of N2.32.
UNITED BANK FOR AFRICA PLC
UBA appears on our list on the basis of trading significantly below its real value. Its PE ratio 2.10 and its EPS is N3.41.
C&I LEASING PLC
C&I LEASING features on our list for currently trading pretty much below its intrinsic value. Its PE ratio is 2.41 and it has EPS of N2.01.
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To place an advert here . Call Willie - +2348098788999
![Honorable Minister of Information and Culture , Alh. Lai Mohammed addresses Pressmen [PHOTO: @FMICNigeria]](https://i1.wp.com/media.premiumtimesng.com/wp-content/files/2022/02/Honorable-Minister-of-@FMICNigeria-Alh.-Lai-Mohammed-addresses-Pressmen-e1644768239258.jpg?resize=120%2C86&ssl=1)
JOIN THE CONVERSATION