₦airaland Forum

amaniro:
clearly shaded first and union bank.

Access bank was worse hit. Check the direction of the moving forward arrow

More pics

Nigerian banks have been fighting on Twitter with more shades expected. The fight started after Sterling bank shaded other banks in a clearly provoking Twitter Ad.

See pics below.

currentprice:
how oga wanajo will concurred to a stock the Auditor raised going concern

the last thing my oga will agree on

concurred ko, cocophilip ni. continue seeing what u wanted to see

Still observing?

Agbalowomeri:
Let's see if it will go beyond 6

For posterity sake.

ogedanny:
I have received a lot of response from my blog subscribers on how they can get started trading US stocks and strategies to profit from short-term price moves in stocks like Facebook, Apple, Visa, MasterCard, Amazon, Groupon, Microsoft, etc.

While I am still working on a video that covers the exact strategies I am using to buy low and sell high, I have decided to open a WhatsApp group: US Stock Traders, so that you can ask me questions on opening an account, funding your account in Naira, and placing your first trade.

This group is strictly for short-term traders who open and close their trade in 4 days to 2 weeks.

Click here to join the group now.

Warning: We will ban you from the group if you post an update that is not connected to the group.

Has anybody ban you here for posting misleading stuffs?

Oando just made some folks rich this morning. Wish i had a lion heart

phemmie06:
http://www.nse.com.ng/Financial_NewsDocs/22904_UNITED_CAPITAL_PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Flat result. Marginal growth

wanaj0:
Blessed are the obedient.

OBEY the voice

Wow. Wanajo, you concurred

You know ur analysis is not to be taken lightly.

OBAGADAFFI:
Might be due to rumors about subsidy payments.

Something is telling me that it is the stock of the year.

If anything removes the present board suddenly and a new mgt surfaces, it will be the second dangote flour.

But i no get the mind To enter

But people get mind o. Seeing the volume traded in OANDO today, despite the bad news hanging on their head, i am just imagining the motive of those buying these volumes.

mendes911:
Oga, it won't be fair for you to quote me wrongly..... Re-read my reply to you that day.

Ok. Sorry for the wrong deduction. Thought you were part of those that supported him.

Mpeace:
The young man can only post negatives. One thing in life is that we must always realise that there are pple that never see anything good in what ever they come across. You just have to take note of them and beware if how you get influenced by what they say.

When i pointed it out initially, this same mendes and swilo came for me.

Thank God for showing them the light.

mendes911:
Chai. The way/manner you come up with assumptions. Just sit down and clap for yourself. Do you read these annual reports upside down?

onegentleguy:
Read the post my dear.
...I was referring to UPL, not HONEYWELL.

You could have ignored the post.

tritritri:
I'm 20% down in DF..and dat over 15M in loss... but dat nothing compare to my profit of 80m plus total 2017 alone..talkless of JAN 2018 profit....as at now..i only loss my JAN profit..if i sale..


I stop posting here when i notice members r happy when ur in a loss position and i wonder isn't it part of stock market ?


Who eveer wanna laugh/mock me should think well.

Exactly why i have reduced my posting too. As it stands now, i only visit here to guage sentiments.

mendes911:
That wasn't a stone ooooo. Not at all. Oga Akinssan, no mind Madam Mercy. That's fact. We all keep learning. If Dangote stops learning, he might end up not been a billionaire in no far distance time.

Ask yourself why most CEO's reads tons of books every year.

For once, you impressed me.

Please dont change

Abraaj liquidation could affect these Nigerian companies

The recent filing for provisional liquidation by Aureous Africa Fund LLC (Abraaj Group), is set to trigger a massive sell-off in its stake in some Nigerian companies.

Recall that the Middle East’s biggest private equity firm, recently filed a petition in the Cayman Islands, asking the court to appoint PwC as provisional liquidators for the company.

The request has however been granted by the court with the appointment of executives from PwC as joint provisional liquidators of Abraaj Holdings and executives from Deloitte for the same role at the asset management arm, Abraaj Investment Management Limited.

This will pave the way for a court-supervised restructuring of the holding company and also protect Abraaj, which emerged as one of the world’s largest emerging markets investors, from creditor action against defaults.

According to Reuters, in recent times there have been complaints by several investors such as the Auctus fund, Bill & Melinda Gates Foundation and International Finance Corp (IFC), over how it used their money in a $1 billion healthcare fund. A claim Abraaj has vehemently denied.

Reacting to the court ruling which appointed liquidators for the company, Abraaj’s founder, Arif Naqvi, noted that the ruling marks the culmination of an extremely complex and challenging phase of negotiations and detailed planning.

In his words:

“SINCE OUR DIFFERENCES WITH CERTAIN INVESTORS FIRST CAME TO LIGHT, WE HAVE WORKED EXHAUSTIVELY AND TRANSPARENTLY TO INVESTIGATE THE MATTER AND ADDRESS THEIR CONCERNS, ALL THE WHILE ENSURING OUR TREMENDOUS INVESTMENT TEAMS AROUND THE WORLD CONTINUE TO SUPPORT THE GROWTH OF OUR PARTNER COMPANIES.”

Reports from Bloomberg also said that Colony Capital Inc. has agreed to buy some of Abraaj Group’s key funds and oversee others.

Abraaj has been selling assets to raise liquidity and has also been in talks to sell its asset-management division to willing buyers.

According to reports from the National, Abraaj has sold its entire stake in Orascom Construction (an Egypt based construction firm). The company was reported to have sold its 5.4 percent holding in Orascom Construction at $8.30 per share, according to a statement on Nasdaq Dubai. The value of the stake is $52 million.

Ripple effect on Nigeria companies.
Abraaj also has some stake in some listed Nigerian companies such as C & I Leasing Plc, CWG Plc, Custodian and Allied Insurance, others include Eleme Fertilizers, Mouka Foam Limited, Bridge Clinic, Therapia Health Limited, and AOS Orwell Limited.

Recall that Abraaj had invested both in Mouka foam and Eleme Fertilizer under its Sub-Saharan Africa fund III in 2015 and 2016 respectively. It also has 517,576,289 units of shares in CWG Plc, this represents 20.25% stake in the Information Technology company, its stake also in Custodian & Allied Insurance Plc amounts to 348,027,267 units of shares.

There is a possibility that the company may also decide to sell its stake in some of these companies. If it decides to sell, then there will be an increase in the volume of traded shares of these mentioned companies.

https://nairametrics.com/abraaj-to-sell-off-its-nigerian-stakes/amp/?__twitter_impression=true

So no brother/sister here was able to enter the main venue. Na wa o.

I really need a comprehensive info of what happened or was said there.

Princekez, any update?

PharmAlfred:
I have never seen a more poorly organised AGM. Shareholders can't even enter the venue. For most investors, the AGM souvenir is the only tangible thing they get from these companies. I have left the venue.
They have not even started by this time.

Why cant shareholders enter the venue?

PharmAlfred:
Who is at Dangflour AGM? Let's meet up.

I was not able to make it. Please keep us updated here.

The minutest info is important .

Gracias

lefulefu:
bros u sure say u read d story well?. Wetin being broke come get to do with d story?

My broda. The court no dey check person worth before ordering damages payment.

So if she is a broke girl presently, the guy no go get shi-shi

LivingFree:
read slowly

I read it perfectly well and posted it here. A broke entity can not repay you any court ordered sum. She will only file for bankruptcy.

sarahade:
Who be this one? You greedy fools how many men allow their women to be independent abi how many of you will agree to sit at home to clean and care for your children.

Confused beings you want a loyal independent self made woman that will take care of you and the children and what do you bring to the marriage nothing but your tiny penis.

Women wise up a man that is not ready to share responsibility both financially and at home is not worth marrying find yourself a sperm donor and live your life
Marriage is not a criteria to make heaven.

Says a pained lady who is busy looking for a relationship with any guy based in the USA

Eveezy:
Una think little of women, marry the right woman and avoid this over thinking, when I get married, why will I be thinking of divorce? When am ready to get married, d lady I will marry will av access to everything I own cos I know I will trust her

This thread is for you bro.

https://www.nairaland.com/4568940/lady-denies-ex-life-time-career

noblealuu:
Yup... But this was damn heartless of her

Before now, women needed to be scorned before they unleash hell.

Now, they unleash hell even without being scorned.

LivingFree:
Good always triumphs over bad!

She will have karma to deal with while he sings to the bank!

What if she is broke?

Ekpanfly:

Savagery

emmachukwu99:
Do you have shame? What has she gained trying to bring down a boyfriend who loved and trusted her so much.

Now she's ur girl?

Sentiments will kill some of you who don't stand by justice and truth.

Bro, no mind her. Na Shiloh candidate

Thegeneralqueen:
This is just the beginning it's never finish until we get to you

Sorry dearie. Too street for that.