freeman67:


There bunch of thieves. Imagine charging me for deposits I made to my account by myself. That action alone is at variance with the Finance Act 2019 that they claimed authorized them.

leo1234:


They didn't do anything different. All banks have been doing the deduction silently without alerts.

leo1234:


They didn't do anything different. All banks have been doing the deduction silently without alerts.

emmanuelewumi:



Investment One Financial Services used to GTB Asset Management.

Chibuking81:
........rather am asking for betterment of all, we learn every day.

Heishere:
FCMB just bought AIICO pensions. Which of the stocks is going rally on the news abeg?

RabbiDoracle:


Good response.

I drove around when there was lockdown and it was a ghost town. I drove around now that everywhere has opened up and I'm impressed on the outlook for oil. This shows that refiners will be producing to meet the increasing demand. Maybe OPEC will still need to extend further the deadline for expiration of production cuts.

Most people saying there will be fall after March 2020 may not be seeing the bigger picture. Soon eyes go clear.

nna777:


Most are not seeing the bolded above. They are rather looking at the daily intricacies. Let me try and explain.

This pandemic has started as far back as December. It came into the African continent in March. Between February and March, most European and the Americans had started closing up which lead to reduced demand for oil.

That was why we felt the impact in the month of March (Our economy relies mainly on oil revenue). For us, it was more of an oil pandemic than the health pandemic itself.

Have we checked the ratio of death to recoveries? The total number of global death is not up to 500k yet since December oo. while the total number of recoveries if am correct has exceeded 5M.(it's not like the Spanish flu that claimed 100M lives within the same time frame).

The second wave the media is hyping about is the rate of infection not the rate of death. And with several Biotechs producing vaccines soonest, it can only get better.

Just like Rabbi has been saying,the coming bull will be both oil driven as demand increases and liquidity driven.So when it comes, ride it out and cash out just like what happened in January.

Brent is finding it's support @40. July and August can only get better as more restrictions will be eased.

RabbiDoracle:


Economic recoveries are moving at a slow pace. There are still strong headwinds that could further derail the recoveries especially in the area of consumer spending. If after making rates so low and pumping excess liquidity and people don't spend, the economies will falter and collapse globally.

Meanwhile the stock market continues to rise as a result of cheap borrowing, free funds and the only avenue people made money during the lockdown.

nna777:
I was reading through the TB thread where Pa Emma was referencing that in 2019 alone equity investors invested #280 billion and over 2 Trillion ($7.8billion)in the last 5yrs.

This same Nigeria ooo.

emmanuelewumi:



Private equity Investments does not have to be made in companies on the stock exchange.

Some profitable businesses and ventures are not on the stock exchange

Justcul:


Very risky in that case sir

emmanuelewumi:



How is it risky? Private equity Investors invest in businesses, real Estates and other ventures, they may decide to exit after 5 years or more at a promote

Justcul:


Oh, now I get you. The bolded Very important �

DrAwo:

Funny enough, I'm a staunch believer in this stock and I, personally, doubt it will significantly fall farther than it has fallen already...

I think it's a bargain as things stand...

leo1234:


They didn't do anything different. All banks have been doing the deduction silently without alerts.

emmanuelewumi:



Some don't exit ooo

sophy17:



They are doing some things differently that calls for concern. Maybe not with you.
They have been deducting atm card maintenance fee from my account that I do not possess atm card. On one occassion that I went to my branch for another lingering complaint, I seized the opportunity to drop a letter of complaint. My money was refunded aftet 48 hrs only for them to deduct it again after 24 hrs.
Anyway, I am not surprised, as it has been their way. I stopped using my access bank ac many years ago. I only find myself in their trap again after they merged with Diamond and I immediately stopped funding the ac so they are only deducting the change left in my account.
I blame CBN for this mess. They are only quick to saction banks when it will generate income for CBN as against when it will benefit bank customers.

RabbiDoracle:


Economic recoveries are moving at a slow pace. There are still strong headwinds that could further derail the recoveries especially in the area of consumer spending. If after making rates so low and pumping excess liquidity and people don't spend, the economies will falter and collapse globally.

Meanwhile the stock market continues to rise as a result of cheap borrowing, free funds and the only avenue people made money during the lockdown.

pluto09:



I was also with diamond back before access came.
I have not been enjoying their services since the merger. It is just unfortunate that I have most of my dividend mandated with the account.

sophy17:



My ac was actually opened with the then Intercontinental bank b4 it merged with Access and then the corporate pilfering started and I abandoned the ac. Hence, I stopoed funding my diamond ac immediately after the merger with Access, knowing what to expect. Though painful "cos I opened the diamond ac since 1992.
I have noticed a trend that they do this things when they are about to prepare their coy financial result and also when perparing to pay dividend.

And funny enough, I do make money trading their shares o,

Heishere:
FCMB just bought AIICO pensions. Which of the stocks is going rally on the news abeg?

http://www.nse.com.ng/Financial_NewsDocs/30685_FIRST_CITY_MONUMENT_BANK_PLC._CORPORATE_ACTIONS_JUNE_2020.pdf

RabbiDoracle:
Before Seplat can fly, it needs to drop below 397.70

So wait till it goes below 397.70.

Cc Meshpips

leo1234:


They didn't do anything different. All banks have been doing the deduction silently without alerts.

Moda1:
.welcome back Mr Vee ;Dquote author=veecovee post=91138916]

I came back today and saw in my box that they replied and promised to pay on or before 3/7

meshpips:


SEPLAT did magic in November 2019 and February 2020 - I can't see the high and low traded for those months.

Such things distort my VAP computation. I can't say anything about the stock except and unless I get those values.

pluto09:




https://www.nairaland.com/5956839/access-bank-reverses-decision-stamp


Useless bank.