I absolutely agree with the sentiments shared in this article on the timing to buying back in to the banking shares that slipped away from many investors reach during the banking consolidation frenzy.

The Nigerian banks with strong balance sheets and liquidity positions at their current prices are an absolute bargain if you an investor with a mid term to long term investment portfolio.

I see these very bargains screaming at me to get in on the action as I am NOT a short term speculator like a lot of inexperienced or even in some cases greedy nigerian investors only in it for the fast buck.

alot of them borrowed to the tilt from the banks in the first place and are now sitting on massive paper losses or even realised losses if they have now cashed in under liquidity pressure.

As for me I have not sold 1 units of my shares bought during the consolidation frenzy, and refuse to sell any, infact I can't waiting to get more cash pumped in to a selected few solid nigerian banks as soon as I have spare funds as i am prepared to wait for another 3 to 5 years to build up my portfolio then I will sell off and be laughing all the way to and bank and from the bank too to my house. hehehehe:)

To my nigeria brothers and sisters investing take your time don't rush in an haste, good things come to those who wait and are patient. :-)

Enuff said for the wise !. All the best and happy investing

Every investment is risk taking. For now, those who invested in banks shares in Nigeria are facing hardtime occassioned by the current declining trend in Nigeria Stock Exchange Market. At moment, some of the banks' share price is less than the price of pure water in Nigeria, the situation means heavy loss for investors who want shortrun reward. Investors who want longrun reward will surely recoup in the longrun and make good profit from their investments. For those in shortrun,take hearth, while those in longrun should buy more to consolidate their share holdings in those banks.