The stock is currently trading at N402 which translates to a premium of 63.78% to our fair value. We therefore place a SELL on Mobil Oil Nigeria Plc Stock at the current market price. FSDH
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A general lack of appreciation and or information on the functioning of the Industrial Training Fund could expose businesses to civil and criminal liability for non compliance with the Industrial Training Fund Law.
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We wait in anticipation for the right time for the regulators to hopefully introduce this and other strategies to trade in the NSE in the near future, since this will assuage some of the frustration some investors currently have with the market.
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