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FCMB Group, Lasaco Assurance, Ikeja Hotel top stocks pick this week

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This is not a buy, sell or hold recommendation but a stock investment guide.

All Roar and No Bite: Exposing Nigeria’s Paper Tiger Election LawsDeluge of Death: Flood leaves Nigerian community in ruinsHow Ukraine’s Superhuman Centre is helping war heroes walk againNigerian stocks appreciated marginally by 0.1 per cent last week on the back of increased interest in oil & gas equities.

PREMIUM TIMES has assembled some stocks with fundamentals and other potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment. NASCON appears in the pick for trading close to its lowest price in 52 weeks. Its PB ratio is 2.5x, while the PE ratio is 6.6x.Veritas Kapital makes the cut for currently trading below its intrinsic value. The underwriter’s PB ratio is currently 1.9x, while the PE ratio is 1.7x.

 

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