₦airaland Forum

Akchi32:
My dollars card was used for all the payments.

Akchi32:
I've finally booked for 4th August. Thanks.

For those who are finding it difficult to book an appointment, please keeping trying you'll definitely find a date.

RabbiDoracle:
Loco needs a crash course from him.

Loco does JIJO. We now have a micro JIJOist.

klas:
Nsempas are correct.

Note 11.3 of the financial statements gives enough information for analysis.

1.JP owed Access and Standard Chartered banks

2. The 2 banks took over some of its assets (dredgers, barges and building) at a value of N55.712b to cover the amount owed.

3. The carrying value of those assets in the books of JP before the banks took them over was N12.69b.

4. The difference between the gross value of the loans at which value the banks took over the assets less the carrying amount is N43b which JP recognised as other income.

You can see that JP lost some of its assets while the banks lost the difference between the loan amount and the assets value.

N43b other income is a paper profit as it just involved writing back the accrual for interest (now waived) which JP had been doing over the years, it is not cash backed.

JP may not even be in a position to pay 1kobo dividend unless it borrows because it has negative cash flow without receivables.

The receivable of N10.4b it reflected in the account is largely audio because subsidiary and associate members of the group owe N8.5b out of it (essentially JP owes itself). Only 686m is trade receivable.

Disclosure: I joined JP bus in 2008 (no disembarking) and without doing due diligence bought additional 1m @ 0.24k. JP should let me know its juju man. I need him

mimilyrics:
1. See quoted response on laminated documents below.
2. Your travel passport is sufficient.

mimilyrics:
1. No special advantage except that you'd be sure that you didn't miss out any document. You can use TinyScan app to scan, resize and save as pdf. You will pay to have it scanned at the VAC.

2. No limit to the number of documents but there's a size limit of about 5mb for each upload.
Whatever you pay for the VAC assisted service upload (£25.20 / N11,700) covers all documents to be scanned.

Dileem:
Thanks. It's open. But I use the web application on my laptop. Do you mean the mobile Morgan app?

Enyinne:
[thanks for ur response .Reading doesn’t mean u can’t forget little stuffs or having the judgement that the person doesn’t hv interest . Everyone with his plans and needs and asking question if one is confused over it doesn’t warrant u to conclude and pass judgement .we are on a learning process so please tone it down ma’am

quote author=Mcy56 post=89020658]
I'm sorry to say o, I don't think you're ready to be an [/quo

RabbiDoracle:
As a preacher he calls himself he should show high degree of tolerance to people's way of life. You don't denigrate others just to prove that you are the superior Christian.

The Indians, Chinese, Nepalese, Arabs, amazonians, Europeans etc have their ways of living or worship. We should not say our religion is better than theirs. When you see them do their thing, just smile and allow them.

This life is very simple but some people make it complicated.



I couldn't agree more with you sir. Egbe bere, Ugo bere (Live and let's live is the way to go)

Mcy56:
Well said!
You did very well.

RabbiDoracle:
Kwontinu.

Aturu!

dunsin125:
Bros abeg, you have to save me ni oooo... I started reading but I got tired. Will o need to fill the e-dividend for every bank I buy shares or it's just once.

dunsin125:
And even Nigerian stocks, do I need to fill any form to receive dividend.

dunsin125:
I can't get the answer there.

Mills55:
I'm yet to get my FBN dividend oo. Hope is not late? I used to receive before. done my e-dividend since with First Registrar.

Valueinvestor:
Click on fund management > withdraw funds > enter amount > submit

Agbalowomeri:
They will turn again and say Oracle was wrong

emmanuelewumi:
Wanajo, Oracle, myself and other top analysts are in my WhatsApp group analysing and discussing different companies, industries, businesses and investments in Nigeria.

RabbiDoracle:
That was why he put a caveat there that the new week needs a bullish momentum.

He knows what he saw. The double top he laughed at me when I mentioned is what he is seeing now. Something that other tools had already pointed at before it happened.

Las las, all of us go dey well.

Agbalowomeri:
Not at the same rate for the new price uptick
Price almost making a new high but RSI is somewhat lagging behind
Not very clearly formed though

Agbalowomeri:
Though I am bullish
The data is saying CAUTION
Reasons:
1) Headwind cloud resistance on the weekly which was rejected this week
2) RSI appears to be divergent from price movement on the daily (a second opinion is welcomed here)

The new week needs momentum, else we may be headed for a flat market (dividend may have been priced in already) before a dip to the second bottom.

Disclosure; I have no buying or selling stake in the short term.
My UACN is for Q2

Agbalowomeri:
where did I hear this before now sef
Appeared funny that time
Meanwhile someone says he is picture-phobic Lol

fxuser:
- spent most of the year between a range low 3.30 and range high 4.20 (pivot )
- buyers have pushed support with the range support higher (una dividend yield accumulators)
- its ff last yr dec pattern like most

currentprice:
it a good stock by Q3. fp is 7.4

fxuser:
Wema
- also ready

#swing

DeRuggedProf:
Z is respecting it's alphabetical position...