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  #841 (permalink)  
Old 1st November 2012, 08:54 AM
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Default Re: Diamond bank

Diamond bank (ROE of 22%) @ N4.07 is trading with a

forward p.e of 2.5

And

55% of it's book value

Is it a buy?

I'm definitely…

Once again I say thank you to the militant knight for pointing me in the right direction
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Last edited by nosa2; 31st January 2013 at 09:23 PM.
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  #842 (permalink)  
Old 1st November 2012, 09:02 AM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
Diamond bank (ROE of 22%) @ N4.07 is trading with a

forward p.e of 2.5

And

55% of it's book value

Is it a buy?

I'm definitely…

Once again I say thank you to the militant knight for pointing me in the right direction
I am waiting at N3.00 bus stop.
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  #843 (permalink)  
Old 1st November 2012, 09:07 AM
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Default Re: Diamond bank

Quote:
Originally Posted by manemi View Post
I am waiting at N3.00 bus stop.
If it gets to N3 I'll sell my car to buy
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  #844 (permalink)  
Old 1st November 2012, 10:11 AM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
Diamond bank (ROE of 22%) @ N4.07 is trading with a

forward p.e of 2.5

And

55% of it's book value

Is it a buy?

I'm definitely…

Once again I say thank you to the militant knight for pointing me in the right direction
No be only you o. I have had to partially terminate my kids fiixed deposit in order to take positions if the december slumps comes around. My eyes have been on First Bank since they came out with their Q2. Will be studying the movements of this and some other bargains.
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  #845 (permalink)  
Old 1st November 2012, 10:19 AM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
If it gets to N3 I'll sell my car to buy
N3??? thats an ambitious figure; but who knows; we have seen market throwing up life time oppurtunities before and people were busying walking past!

Any thing below N3, am selling my taxi to buy this
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  #846 (permalink)  
Old 1st November 2012, 12:47 PM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
Diamond bank (ROE of 22%) @ N4.07 is trading with a

forward p.e of 2.5

And

55% of it's book value

Is it a buy?

I'm definitely…

Once again I say thank you to the militant knight for pointing me in the right direction
I am also done talking about Diamond bank... I am on a mission to "averaging up" on my investment.

Silence please! Officers at work (mopping up stock)!
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  #847 (permalink)  
Old 1st November 2012, 01:13 PM
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Default Re: Diamond bank

new investing term.. AVERAGING UP... Na average down me i dey hear b4, maybe its interms of volume sha..

there is no point expecting to get this today as i limted my order price @4
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  #848 (permalink)  
Old 1st November 2012, 01:27 PM
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Default Re: Diamond bank

Quote:
Originally Posted by 1himself View Post
new investing term.. AVERAGING UP... Na average down me i dey hear b4, maybe its interms of volume sha..

there is no point expecting to get this today as i limted my order price @4
Don't worry. The market is still open. Looking at a TA trend line N4 is the best price for today.
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  #849 (permalink)  
Old 1st November 2012, 02:32 PM
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Default Re: Diamond bank

Quote:
Originally Posted by 1himself View Post
new investing term.. AVERAGING UP... Na average down me i dey hear b4, maybe its interms of volume sha..

there is no point expecting to get this today as i limted my order price @4
That's one of the best places to be in the market. Means you are in sync with an upward trend. But unlike buying more volume when averaging down, ideally people buy less volume when averaging up (exception is if they are A+ sure of their buying decision)
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  #850 (permalink)  
Old 7th November 2012, 05:40 AM
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Default Re: Diamond bank

Diamond Bank Set to Unveil New Brand Identity, Articles | THISDAY LIVE
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  #851 (permalink)  
Old 7th November 2012, 06:34 AM
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Default Re: Diamond bank

Was there anything wrong with the old one?
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  #852 (permalink)  
Old 7th November 2012, 07:04 AM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
Was there anything wrong with the old one?
if you have been passing thier bank without noticing them, they want you to begin to notice them. atleast you'll see the colour changes.
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  #853 (permalink)  
Old 7th November 2012, 08:58 AM
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Default Re: Diamond bank

Quote:
Originally Posted by nosa2 View Post
Was there anything wrong with the old one?
Quote:
Originally Posted by goldsun View Post
if you have been passing thier bank without noticing them, they want you to begin to notice them. atleast you'll see the colour changes.
Hmmmm, just wondering the amount of money that will be spent on this brand changes. Some money to be made for the boiz sha!

whay are Naija managers just like dis? dem never even come out of their mess finish dem wan begin to dey troway money again on rubbish branc changes
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  #854 (permalink)  
Old 7th November 2012, 09:13 AM
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Default Re: Diamond bank

Quote:
Originally Posted by overload View Post
Hmmmm, just wondering the amount of money that will be spent on this brand changes. Some money to be made for the boiz sha!

whay are Naija managers just like dis? dem never even come out of their mess finish dem wan begin to dey troway money again on rubbish branc changes
there may be other reasons behind it, i remember intercontinental bank changed thier logo because of one of nigeria university. They produced a customised credit card with thier logo on it as the student id card. When the school had crisis, the investigating panel recommeded that intercontinental bank should pay the student for advertisement or change thier logo. That was what prompted thier change of logo then
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  #855 (permalink)  
Old 7th November 2012, 09:46 AM
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Default Re: Diamond bank

Quote:
Originally Posted by overload View Post
Hmmmm, just wondering the amount of money that will be spent on this brand changes. Some money to be made for the boiz sha!

whay are Naija managers just like dis? dem never even come out of their mess finish dem wan begin to dey troway money again on rubbish branc changes
Which mess are you reffering to here please.
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  #856 (permalink)  
Old 7th November 2012, 10:09 AM
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Default Re: Diamond bank

Quote:
Originally Posted by donchisel View Post
Which mess are you reffering to here please.
the mess that made them unable to pay us shareholders any dividends for two years running now
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  #857 (permalink)  
Old 7th November 2012, 11:46 AM
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Default Re: Diamond bank

Quote:
Originally Posted by overload View Post
Hmmmm, just wondering the amount of money that will be spent on this brand changes. Some money to be made for the boiz sha!

whay are Naija managers just like dis? dem never even come out of their mess finish dem wan begin to dey troway money again on rubbish branc changes
If they are going to unveil the new logo today, it means that most of the costs have already been reflected in the Q3 results as this is not something that could have been undertaken within a space of 4 - 5 weeks that have barely elapsed in Q4.

Meanwhile the stock is selling at PE of 2.5x and an ROE of 24.4%...
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  #858 (permalink)  
Old 8th November 2012, 03:24 AM
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Default Re: Diamond bank

Diamond Bank Adopt New Identity, Targets 70 New Branches, Articles | THISDAY LIVE
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  #859 (permalink)  
Old 14th November 2012, 04:59 AM
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Default Re: Diamond bank

http://www.abndigital.com/page/multi...with-Alex-Otti
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  #860 (permalink)  
Old 14th November 2012, 05:44 AM
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Default Re: Diamond bank

http://www.abndigital.com/page/multi...s-Growth-Plans
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