₦airaland Forum

yMcy56:
If you're not in urgent need of fund that may want to prompt you to sell, then you can exercise more patience with CHI PLC.

The stock now pays Dividend consistently, even paid interim and final Dividend last financial year.
FA wise, not doing bad.
I think it doesn't have biz trading at current price but if it could come down small from currentprice, it will attract investors and would likely pick up more from there.

Aside Custodian, Mansard, NEM, Lasaco and Cornerstone in that order......
...the next set of insurance stocks on watchlist are: Chi Plc, Aiico & linkage, -dividend payers...... followed by Prestige, MBenefit, Wapic, Royalex, Regal, STI, SUNU.

AIICO's issue is the OS.
I Blvd everything na turn by turn with patience.

* Could remember when it was mentioned here that JAIZ has no biz trading at circa 0.55/0.60k that time.......fast track to 2yrs after or so, JAIZ is now above N1....Closed @1.46 yesterday, and also paying dividend*

**Note: This is my personal opinion for now. I may not be totally right**

Okay I will.
Thanks.

I have 2,363,017 units of CHIPLC currently at a loss price.
Should I hold?

People don make money die today.
Wish I had more money to invest.

Thank you, @emmanuelewumi and @Streetinvestor2 for the explanations.

emmanuelewumi:
Haba, you need to back this up with some figures. Investing in the capital market is an intellectual business that needs to be supported with some figures anything outside that is either monkey hunting or speculation


My opinion though .

What's the meaning of "monkey hunting" in the context you used it?

F

sterlingD:
https://doclib.ngxgroup.com/Financial_NewsDocs/38273_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2022_FINANCIAL_STATEMENTS_APRIL_2023.pdf

Thanks but I mean the annual report not the financial statements

DrAwo:
As Mpeace pointed out, kindly double check your numbers...

Also we need to ask why the numbers for 2022 came in that way (Ghana bond wahala). Will that continue this year? Maybe or maybe not. Excluding the Ghana write down, what would 2022 EPs have been? If gahna bonds do not raise their head again this year (hopefully not), how will 2023 EPs look like as compared with 2022 and with current price?

Answers to these questions will help one decide the direction access might be heading to.

What do you mean by tier 1 capital issued? All banks have tier 1 and 2 capital. Do you mind elaborating on what you meant.

Where can I get ACCESS HOLDINGS 2022 Annual Report pdf?

Nice

richmondefosa:
Hello Emmy,

I was about posting the link for Nairalanders to apply.

Stanbic IBTC DiSEP (Digital Skills Empowerment Programme) 3.0 is a CSI (Corporate social initiative) of Stanbic IBTC where they identify unique digitally savvy talents, train, upskill and develop them in digital skills while positioning them as top talents and bridging the gap in the talent scarcity in the employment market.

We have had the first phase, the second phase DiSEP 2.0 (of which some nairalanders benefited from. They are on this thread and i welcomed them physically). This is the Third phase DiSEP 3.0.

The beauty of this whole program is that after the training and everything, Stanbic will offer you employment and give you ABO grade.

The requirements are as follows:

1. Applicants should be interested in building a career in the following technical fields; IT Software Development, Cloud Security Analyst, Cyber Security Engineering, Data Engineering, Mobile App Development, Blockchain Development, IoT Development, UI and UX Development, Linux OS Administration, Database Administration, Applications Support.


2. Minimum of a Second Class (or its equivalent) degree in an Information Technology or Engineering related course from an accredited University. ****Side note abi insider information. If you do not have any degree in IT or engineering but you have undergone some trainings, work experience or certification, you stand a chance.


3. Minimum of five credits (Mathematics and English inclusive) in GCE, NECO or its equivalent


4. Applicants must have concluded NYSC and must have discharge certificate in hand.


5. Applicant's Date of Birth, Gender and class of degree must be clearly stated.

https://forms.office.com/pages/responsepage.aspx?id=7OZpc6b6-kK8Dk8zLaWx28t8lG7PdNZLi8DgA1yGdbtUQkRKQjNIU0FaSEpGSlhBSEU5T0tWUFVXMi4u

Copy this link, paste on your browser and apply.

Wishing everyone best of luck.

Sir,can someone who applied for digital graduate trainee by stanbic also apply for this DISEP?

emmanuelewumi:
I respectfully disagree with you, you can get that going forward with some stocks considering their current prices, dividend yield and sustainable growth rate but not with any fixed income investment I know of

What stocks can give 26% ROI?
Thanks in advance.

comatekeke:
Risk of default is very possible with this compared to Treasury bills,especially for investors that invest huge sum of money, hence their choice.

For example, CHI PLC, the insurance company did a fixed deposit of 100 million naira with a mortgage bank, in which the mortgage bank defaulted, the two companies are still in court over the matter.

Acidosis:
Some fintechs (licensed as microfinance banks) and regional banks have been offering fixed deposits of about 15% per annum for as long as I can remember. Why this level of stress over TB's failed bids on top 10% fa? Fear of losing your money?

NB: I do not bank with Fairmoney. It's just an advice to persons willing to embrace an alternative. You can research credible ones and check their rates.

Risk of default is very possible with this compared to Treasury bills,especially for investors that invest huge sum of money, hence their choice.

F

RayRay06677:
discount is simple interest........ take interest upfront and capital at maturity
yield is compound interest........take interest and capital at maturity

Thank you for the clarification.

ernie4life:
Saw this today

What is the difference between the discount rate and the yield.

Streetinvestor2:
Banks should have been limited to banking business.Now some are into fashion show,food business etc being run by fnds and families adding little or nothing to the group.All because some ceo want to remain in management position all thr life

Lol.GTBank

SFSREIT Dividends
https://doclib.ngxgroup.com/Financial_NewsDocs/37943_SFS_REAL_ESTATE_INVESTMENT_TRUST-CORPORATE_ACTIONS_CORPORATE_ACTIONS_MARCH_2023.pdf

ibawon:
Boss Kegan's review? He does not even own one. What about you check Fosudo's 30 day review on YouTube. With more satellites the better it would get. It's expensive but you see that download speed and unlimited plan was necessary. I have 3 4k TVs, some PCs and number of phones. I pay up to 70k for internet in a month with Airtel as no ISP has good coverage at my location. It's not easy

I have already seen both reviews.

ibawon:
One of the reasons I gas close eye buy Starlink. Imagine 25mps for 30k at 50gb per month. And the promised speed might not even reach that. It's crazy bro

Starlinks has its problem, check @kagantech review of Starlinks on tiktok or twitter.
Also it is very expensive.

comatekeke:
I want to move from Swift Unlimited plan to FiberOne.
Is FiberOne better than Swift in Lagos?

Don't know

F

georgee:
FiberOne should be better, but there are not everywhere in Lagos

F

F

ChukaLupin:
You can get materials from here:
https://www.dropbox.com/sh/fppqyrrz0r27bcd/AACSfJRfAGIH5AdBLwxruOhja?dl=0&preview=Workforce+Ability+Questions+and+Answer+2.0.pdf

Is the psychometric test virtual or physical?

Kike578:
I did apply 2023

Is the psychometric test virtual or physical?

Coolcash1:
The bank was over leveraged with junk bonds.

Nothing like that

RabbiDoracle:
A US bank just failed today. Silicon Valley Bank. Employees were told to work from home with immediate effect(indirect sack). The failure is due to realised bond losses which led them to try to raise more funds to boost their capital. But they couldn't. Regulators have taken over the bank.

Currently US banks sit on $600B unrealised bond losses.

Which one is next?

If this can't be contained, it will be global o.

Be safe.

I detest online arguments but the failure was actually due to a bank run by their customers not the loss made on the bond sale.
It had to sell the bonds and investments for a loss in order to service withdrawals.

Another bank, Silvergate bank is in the process of being liquidated and shutdown.

The Minister of Interior, Abuja has revoked the Work Permit, Visa and Residence Permit of the Chief Executive Officer (CEO) of Seplat Energy Plc, Mr. Roger Brown, over allegations of racism, favouring of foreign workers and discrimination against Nigerian employees levelled against him by employees of the company.

Seplat always involved in controversies everytime

Mod move this post to FrontPage.

Frangel:
The NGX is basically a market for trades on existing securities (in this instance equities). The price movements directly affect sellers/buyers of the equities, not the company (except for perception and valuation).

Companies largely raise capital via equity through public offers or private placements, handled by their issuing house(s), brokers(s) and other parties, after approvals from SEC at a fixed price. The capital raise could be promoted on the NGX if the company is already listed.

I do not think you get my question.Let me rephrase
Do investors buy more shares of a company that announces it will raise capital by issuing shares than normal?

dongallant5:
Pls can someone recommend a reliable stockbroker that executes trade timely or reliable stockbroking firm that assigns personalized stock broker.urgently needed pls

Ask around.