Caverton makes this week’s pick for currently trading well below its intrinsic value, making it cheap for investment purposes. It closed the last trading session at N1.72 per unit, withAXA Mansard, Nigeria’s biggest insurance company by market value, makes the selection for trading close to its lowest price in 52 weeks at the moment. It closed the last session at N0.83 per share.
FBN Holdings features on the list on account of being currently priced well below its real value, meaning it stands a good chance of appreciating in future. It opens on Monday at N7.5 per share and EPS of N2.11 as well as a PE ratio of 3.56.NAHCO appears on this week’s list for currently trading below its actual value. It closed at N3.04 per unit at the last trading session, has EPS of N0.60 and a PE ratio of 5.28.
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