₦airaland Forum

ACL:
Blueband

Apology accepted.

abeg u said sometimes that u are targeting stocks going for PO so as to buy the rights?
give me some to take position for rights also.

i no dey do CICO my broker na smail  ooo

This was discussed last week and I was made to understand it is risky.I took position some months ago in Union Homes at 7.50kobo.I know they plan a public offer in the first quarter of their new financial year.Deap Capital is another company.I bought this just before they went on TS.My broker tells me I will qualify for the Rights Offer but we have to wait and see.Either way it is an okay investment for me.Sterling Bank-I suspect the merger with EcoBank will not go through.If you read what I posted yesterday with regards to their MDs double speak.5 times he spoke negatively about the merger with only 1 positive statement.In anyway he says we will know in 4 weeks if the merger will go through or not.I suspect they will come out of TS if the merger does not go through and manipulate their share price to a region they can comfortably offer a discount on their Public Offer.Some insurance companies-Law Union has gotten approval to raise money from the market.Mutual Benefit as well.

But timing is important lest you are cut off from the rights offer.And remember this is very long term investment.Look at a 6 months period.Caveat ACTOR sorry EMPTOR

I have not received my returned money for ACCESS not to talk of Certifcate.I tire

ACL
I am sorry o.Na play I dey follow you play.Abeg no vex.

Oya,Acknowledge am.Cos acknowledgment is on a strong offer now!

ACL:
Blueband

as requested by vipico , i dey wait  for your apology

You know do am well.you were supposed to say "cheeky" in your first post.Then follow it up with another post that you are waiting for an apology.Oya go do am well quick!

Prices of houses in my area have not doubled in the last 5-7 years o.Maybe 50-60 percent at most.And there is lull at the moment with most interest rates now no more protected.

Anyone playing Pro Evolution Soccer on PS 3 Online?My name is movingname online.Lets meet,

I swear NSE money sweet.But i no fit carry 75 million naira go buy flat.I go rather invest am into other things.I still dey plan open substance misuse clinic for one green area for Jos.And that one go be capital intensive project.If I fit get big people children into the clinic maybe I go list am for NSE.


If you sabi buy motor for yankee sell for Nigeria ,the profit can sometimes be 100 percent.But you get to sabi person wey get Bank of America Auction license.Na dem dey sell the cheapest repossessed cars.

Houses in Naija are very expensive.Not worth going into if you ask me.Better to rent a luxury flat in Lagos and build a mansion in your village,

bigjay01:
ACL

i think blueband is taking the piss out of you for your question to pumping about which stocks will make 25% by march

Prof Pumping,please do you know if my wife will deliver a baby boy?

Please reply me urgently.Thanks

Bros my loot dey Naija now dey work for me.I go carry all my credit cards and get as much loan as possible.E no go pass to dey pay 500 pounds/month to service the gbese.Na wetin i intend carry with me be that.

oshkosh:
Na wah, I just returned from Nigeria, managed to retrieve my oceanic certs. When I got there, I was told all certs had been sent out, SEC had come round  the week before and asked that they post everything out. Went to my post office box (conveniently opposite the Registrars on Awolowo road) and found a slip to call at the counter. Eventually collected all 300,000kg of my oceanic loot  


Opened a second account with Vetiva, I was impressed by their profesionalism. As for IBTC, my broker sent someone to inform me she was "busy on the phone" and whether someone else could help. No problem there anyway, as I'd already made up my mind to move 50% of my portfolio to Vetiva.  

ATM's dey work for Naija true true oo! Generally, I think Naija's looking promising,  loads and loads of opportunities to pile up the dosh. Naija is the only place I've been where a  standard hotel room cost $400.00 per / night. As for me, another couple of years and I'm out of here, go make myself some seriousss dosh in Naija.

I don't think I will be here by the end of next year.I dey go reposition for NAija too.But Hotels are expensive if you ask me.Stayed in Sheraton Lagos last November and paid 30k naira for one night.I curse my friend wey carry me go there but by morning I was gone.There are many guest houses that are nice,safe and cheap(10k/night).Ask around.When next in Lagos stay around Opebi/Allen ,loads of cheap nice safe hotels.

CrazyT & others,
Where do I pay and submit my forms for Resort and Valueline PP

I have filled the forms but my brokers say they are not involved.

How does it work.

Please help.

Endure
Welcome to the greedy club.
According to Prof.Pumping-"Always set a target"

And according to CrazyT-"Make sure your broker is good for CICO"

Cos when you want to sell your broker might just mess you up.If you loaded many KGs take out some profit now.

Latest on Sterling Bank/Ecobank Merger


Merger talks between Sterling Bank Plc and Ecobank Nigeria Plc have reached an advanced stage as consultants have been commissioned to conduct valuation of both companies.

The Group Managing Director, Sterling Bank, Mr. Yemi Adeola, who disclosed this at an interactive session with journalists, on Tuesday in Lagos, said that the due diligence had already been concluded on both firms.

He said that the Akintola Williams Deloitte did the due diligence on Sterling Bank while Ernst and Young did the exercise on Ecobank. Also, Sterling Bank has hired Afrinvest to do the valuation of Ecobank, while IBTC Chartered Bank is to do the Sterling Bank valuation.

Adeola, who pointed out that the deal was yet to sail through said that the preservation of shareholder value was the key determinant of the success of the transaction.

“Nothing has been cast in iron. We need to agree on what is in the best interest of shareholders. In four weeks, we should be able to say, if the merger is for real or not. If it is not, it will be for professional reason. But we are optimistic that it will work,” he said.

The Sterling Bank boss said both companies were hoping to harness the synergies inherent in the business combination, which would see a new large bank with presence in key markets in 23 countries across Africa.

He said this would leverage on the investment banking prowess of Sterling Bank.

He added that the bank decided to explore the merger option because it was imperative that institutions continued to grow in today’s globalised environment.

He said, “It is all about growth and size. Would you own much in a tiny entity or a little in a giant? The world is a global village. You either align with globalisation or perish.”

Adeola noted that the bank had been doing a house cleaning in the past two years to lay a solid foundation for the future.

He said,” We are building an enduring institution that will be the pride of shareholders. We have taken the pain to clean our books. We have made provision for bad loans instead of declaring huge profit. There must be some element of conservatism in banking, so we have chosen moderate but steady growth.”

He said that if the merger, which he noted, was a simpler expansion strategy, did not go through, the bank would approach the capital market to raise funds to boost its capital base. He said that the management had no doubts that a Sterling Bank public offer would succeed.

He said the bank would continue to focus on three core areas – investment banking, trade finance and consumer banking

ABCTRANS appears to have made about 5% gain today.To be sincere i don't know what is driving the stock.I took out some profit last week but I still have quite a large amount in there.The only thing keeping me there is greed!

Benny1877:
windywendy, please advice me. Would this be a very good time to sell my oando?

Don't even think about it.Keep Oando .But if you insist on selling I ready buy today at 10 naira above today's closing price.

debenzd:
I feel you my brother. Don't give up though. Most of the people you see moving huge volumes and making mega bucks on this thread started small and have been at it for over 3- 5yrs. Some of us are also just seeing the light.

The only thing worse than your statement above is not investing at all. Use whatever u have and maybe start with some fundamental small capped stocks. Who knows maybe you will also having bragging rights on the thread in a shortwhile.

NSE no go crash(by God's grace) so jump on the train.

Actually having a bad broker is worse than not investing at all.

gabza:
Transcorp cannot mange Nitel/Mtel. What a shame?
Wanted: Dead or Alive: Technical Adviser to save Transcorp before it turns into Enron.
Salary: Any amount Naira Share Bonus: ZERO (Stock is available on NSE)
Minimum Qualification: Money-Magnet. Aso Rock Factor. Strangle hold over NSE & SEC.
Proven record to promote vested interest.
Ability to buy your way.
Ability to turn water into wine.
Ability to say black is white.

When the chairman of transcorp is the DG of the NSE everything will be done to save it.At least on the floor of the NSE

AGF IPO has been concluded

yodiyokun:
@Aktopgun,

I miss your candlysis ooo.

Na wao, this one you dey miss Aktopgun CANDLE.I am getting jealous o.He is a lucky man sha.

bigjay01:
I am inclined to believe that it is from yesterday's transaction, the text came in exactly 1243hrs UK.

The text must have been on Bus 453 since friday.

@bigjay01
I got some stock yesterday ,my broker confirmed it to me and I have still not received a trade alert to that effect.Are you sure it is not from yesterday's buy?

Magu Magu of NSE.
Transcopr has been lifted from Technical Suspension.A day after the FG reversed itself on the sale of NITEL.Lost 22k today.

Unhomes end of year is 31st of March and they are planning a PO in the first quarter of the new financial year.You are better off waiting.Move it into your medium to long term portfolio

Mr. Risky:
ACKNOWLEDGEMENT is on BID

Hahahahahaa and the company housing acknowledgement will be Narcissism.

Mr. Risky:
Seriously DEAP CAPITAL is on bid, just now??

Cos no one wants to sell.I think only Fidelity and Afribank(not sure) have been on offer while on TS in recent times

It's strange how some people ask for apology on top simple joke and yet not acknowledge it.Me sef I don vex,

Transcorp retains 51% equity in NITEL, MTEL
The Federal Government has retracted its earlier stance on the sale of the Nigerian Telecommunications Limited (NITEL) and its subsidiary, Mobile Telecommunications Ltd (MTEL) to Transnational Corporation of Nigeria (Transcorp) as it on Monday retained 51 per cent equity holding of Transcorp in the two telecommunications outfits until a new core investor is identified. The Federal Government had on February 16 this year announced the reversal of the sale of NITEL and MTEL to Transcorp and also directed that investigations be carried out on the management contract of NITEL/MTEL by Pentascope, the current core investor. Announcing the reversal, the Minister of Information and Communications, Mr. John Odey, said the measure was part of government's efforts in ensuring that due process and the Rule of Law were followed at all times.

Napolean:
A few hot brokers have started crossing Union Diagnostic at N4.80

The certs have been out for a while now and if your broker is yet to collect yours then I suggest you call first registrars.

Blueband I am expecting an apology from you.

Napoleon Bonaparte no vex.Na play I dey play.I no go play that kind play again.

Since na only 1 bad eye she dey take look you,then no wahala.The problem na when she begin use her 2 bad eyes look you.

Napoleon,
Dont worry about the spamming.At least your posts are getting shorter,

In my unit there are 4 doctors.3 of us are Nigerians and the head of the Unit na Oyinbo man-batty boy..The real power lies with that sole white man.At the end of the day you have to be very careful when dealing with this oyinbo people.In the unit there are over 35 workers and only 3 blacks who ironically happen to be doctors.So the bad belle na die.I don't want any problems,so I said let me return his money quietly(advise from my other Nigerian doctors).

It is a bitter lesson I have learnt.As no agreement dey if I wanted to prove to him that Nigerians are crooks as he keeps referring to us,I would deny ever collecting his money.So I also want to make a point.

Easimoni,
I saw the guy today at work.He came and we got talking.I will be paying him back his money and I have asked for a receipt.
Bros,we learn daily in life.Everyday!

K2:
Actually I read the Kajola and also those other PPs and wasn't impressed. Kajola sounds more like Egbejoda cooperative society to me.     Will wait for Pumpin.


@Naijadr,  I no get come back for that one. Odikwa very dan-jer-ous.

What is IAA?This one Wanajo buy me sef I wan buy.Guys abeg link me up.Treat as urgent.

Egbejoda Co-operative-OMG,LMAO