₦airaland Forum

@ Babababy and Tobiojo2002.thanks for the info... i appreciate

Hello Everybody,

I am amazed at the amount of information on this thread. Thank you so much for being so open and supportive. My due date is in March and I intend to travel to the US as well. I have a long list of questions and I would appreciate if you guys can take out time to answer:

I have been to the US on vacation severally. The last time I renewed my 2 years visa, I and hubby were asked if we were going on medical grounds, to which we said no becos I didn't even know I was pregnant. We went on vacation to the US in July and I am worried this mite be an issue when I go to have my baby. Do I need to contact the embassy since the purpose of my going to the US has changed? someone suggested I send an email to the embassy?

From the info on this tread, Texas seems to be an affordable option. However, I have families in Washington DC, can someone recommend affordable and quality hospitals in DC area? maybe Maryland, Virginia, New jersey? I will appreciate doctors contacts and estimates please.

Some people have suggested not taking a direct flite where you have plenty naija. I usually use emirates and stop over in Dubai, is that okay? or should I opt for other countries? I know some airlines are quite strict with pregnant women, what airlines do you suggest I avoid?

Is it advisable to travel alone or with my husband. My husband does not see the need to travel with me and then come back again when I am due. I feel it mite make some difference since he is the one that is usually asked all the questions. what are your tots?

I would really really appreciate your feedback.

I have a titanium silver kia soul 2010 for sale . Please see attached pictures. The car is in perfect condition, a front-wheel drive 4-door wagon, 16-inch alloy wheels and higher than most sedan. It has a 142-horsepower 1.6-liter 4-cylinder that pairs with a 4-speed automatic transmission. Safety features include ABS, traction control, an antiskid system, front-side airbags, and curtain-side airbags. The car is one yr two months old and about 13,500 km.

Hi Everyone,

Not been on Nairaland in a while! It is really good to know a lot of Nigerians are aspiring for the CFA charter, the benefits are indeed enormous, even as a candidate. My firm, a leading Investment Bank in Nigeria is looking to hire CFA candidates who have passed level(s) 1, 2 or 3 to fill roles in Investment Reseearch, Investment Management and Corporate Finance. You may contact me on cuppcakke@hotmail.com, if interested.

Cheers!

Hi Everyone,

Its been ages i have been on nairaland! Good to know we have people aspiring for the CFA Charter. The benefits are enormous, even as a candidate. My company, a renowned Investment Bank in Nigeria is seeking candidates who have passed level(s) 1, 2, or 3 to fit into roles in Investment Research, Investment Management and Corporate Finance. Send your resume to cuppcakke@hotmail.com if interested in a career move.

Cheers!

Hi Everyone,

Its been ages i have been on nairaland! Good to know we have people aspiring for the CFA Charter. The benefits are enormous, even as a candidate. My company, a renowned Investment Bank in Nigeria is seeking candidates who have passed level(s) 1, 2, or 3 to fit into roles in Investment Research, Investment Management and Corporate Finance. Send your resume to cuppcakke@hotmail.com if interested in a career move.

Cheers!

A leading investment bank is seeking to hire a Research Analyst to be part of the Strategy & Research Team. The role entails conducting macroeconomic, industry and company research. The job will also entail developing and maintaining detailed financial models and projections on companies as well as development of new products.

The successful candidate must:
• Possess a Bachelor’s Degree in Economics or a related field
• Have at least 3 years work experience in a Research arm of a financial institution
• Possess strong verbal, written communication and interpersonal skills
• Be a highly motivated and ethical individual who is able to work under minimal supervision and show a high level of dedication
• Have strong computer skills in Microsoft packages and financial modeling techniques
• Be a student member or actively pursuing the CFA qualification
• Experience in Strategy would be an added advantage

If you think you meet the above criteria, please send an application accompanied by a detailed curriculum vitae quoting the job title in the subject field by Friday, October 10, 2010.
Your application must include your current position, remuneration, email and telephone contacts.

The application should be sent to:
Email: opeyemi.tella@greenwichtrustgroup.com or research@greenwichtrustgroup.com

Only shortlisted candidates will be contacted.

1995 Honda Accord

Automatic Transmission

Power Windows

Alloy Wheels and extra alloys as spare

Brand new tires

Sony cd player with xplode speakers.

Condition: Excellent

Colour: Dark Blue

Price is 600k

Location: Victoria Island

I am currently away for masters in the Uk and wish to dispose my car, i dont have pictures of it but you could call Lucky Uwawah on 08056000335 or 08033234862 to arrange for a test drive/inspection.

@ PHEMMY 26

Write a letter addressed to the Managing Director, Central Securities and Clearing Systems, 2/4 Custom Street, Lagos, requesting that you wish to change your address.Quote your name and account details and send it through your broker.
It should be effected latest 3 days.

@ opomulero
A friend of my MD? nice to meet you! i apologize for my inconsistency in this forum.Back to the lad that gave you poor service, i honestly dont dispute that it could happen but i really want to know when exactly that happened, 2 years?3 years? anyways my point is that we can only try to get better and i am convinced that we are getting better, we might not be there yet but you can be rest assured that being grouchy to a client is an issue of the past cos we understand who they are and how they should be treated, no matter how annoying they might be.To be very candid, i think you should have escalated the case, how do u think this issues would be addressed if noone is aware of it in the company?
I am sure you have gone for years with a wrong impression about a whole company because of "Mr. Grumpy",
I personally think its unfair the way you quietly worked away.Cash craft seems to look juicy to you and i am not going to try to convince you otherwise but i have just one thing to say and that is you have a relationship with greenwich and your issues could have been easily addressed especially becos you already have a relationship.Anyways i guess you know best.

@Nimshi, as regards not anwering to enquiries, we have three main addresses; greenwich@greenwich-trust.com, info@greenwich-trust.com and enquiries@greenwich-trust.com, these mails are automatically forwarded to the officer in charge, and trust me, there are a whole lot of them.I am sure there was a mix up somewhere and i apologize. However, I think it is better to call the office and demand for a staff's email.You could try mine and put me to the test, ope@greenwich-trust.com.

Finally to all the agrieved investors, when you are treated badly by a staff, dont walk away, take it to the next level and report the case to a superior officer before you make your final impression about a house.

I am sure i have recommended my Company way before, for those of you who had not joined the forum then, i am recommending Greenwich Trust Limited, i work there and i can assure that things can be different.
I have could email our profile if you are interested.

As regards stocks that are not available, i can testify to some i.e Diamond Bank, Oceanic, Afroil, Uba, Ibtc, Eternaoil and costain.This is because, no investor is willing to sell as a result of expectations of post technical suspension.Some movements you see on the price list are actually heavy deals and most of these stocks are sold above the market price.
Aside this i see no reason why your stocks should not be executed, latest in two days.

Greenwich Trust Limited

Great Nigeria House
Alagbaka Junction, Akure.
tel:034-243481

I work in the Lagos Head Office, tell them you are from Opeyemi Tella, they will attend to you.

All the Best

Hi everyone,

I am a novice in this section of nairaland. I really need advise on the kind of car i can get, i have 600k and i woud love a very neat car with an automatic transmission, fuel economical and ofcos a factory fitted AC.I take particular interest in the Honda civic 1996/7 model cos of the shape.Can anyone tell me where i can get a car that fits my discription and the price ranges.
Thanks a bunch!!!

Fidelity is a stock that will thrive in the medium to long run for two reasons.First is the banks that make up fidelity,before recapitalization manny bank, fsb and fidelity were doing very well on thier own.FSB shares was going for as high as N7 per share, manny bank even paid dividend the 1st year they were listed and fidelity was also doing well.Now the combination of these banks will make a formidable foce in the long run.
Secondly their results so far has been rather impressive, their turnover for the first qtr was N4.6billion as against N1.7billion showing an increase of 170%.Profit after tax also grew by 559% and the MD actually said that that would be their worst result.
Bottom line i think all fidelity needs to do is to gain the confidence of investors through thier results and the sky will be their limit.

hope u will find this useful

My take on transcorp; It is at the moment ideal for people with a very high risk level, if u are a risk averter dont even bother because the ups and downs of transcorp mite kill you.Secondly it is a long term stock , if you look at their prospectus,they actually projected a loss for the first two years of operation meaning they also foresee several imbalances and turbulence.This means its not for short term players.In conlusion, Transcorp could go either ways, u could loose ur money or make double but personally i think it will weather the storm in the long run and i particularly like their several streams of income which would not materialize immediately.
My advise, DONT BUY TRANSCORP WITH BORROWED FUNDS, BUY TRANSCORP IF U HAVE A HIGH RISK LEVEL, DONT BUY TRANSCORP WITH AN INTENTION OF MAKING RETURNS IN THE SHORT RUN.
SELLAH!

Re: funloving,

I agree with your steps for company analysis, but i must also say that all u have talked about is the fundamental aspect of analyzing a company.The truth is all stocks will do well in the long run as long as the fundamentals (what you have listed) are right,but how do you take advantage in the short run?Thats where the technical analysis comes in and ofcos u have to understand the perculiarity of the nigerian stock market.U must agree with me that a little rumour can make a stock price soar in a span of one week, look at the case of ibtc when there was a rumour of their merger with stanbic the price went from about 5 naira to over 7 naira in a week.Also take the case of Ecobank's merger with First bank, the price of ecobank went from N5 to over N9 even after the one for one bonus declared and pple have made millions out of that.Also, take the case of Cement company of northern Nigeria CCNN,the company has been making a loss for sometime now but because of the demand pressure in the industry as a result of the ban on importation of cement and the share price increase of its peers in the industry,it rubbed off on the stock too despite its poor fundamentals.The stock went from N4 to N21.57 in months!!!The question now is, does ecobank or CNN have all the qualities you listed? the answer is no! and did pple make money or not in a span of weeks/months? the answer is yes!As much as the short run is very risky,those with a high level of risk has cashed out a lot richer than before and ofcos some have got their fingers burnt.
Back to the question of Dunlop and Dangote,how can u ascertain that the statistics given in dangotes prospectus is true?I personally belive it was doctored to an extent and there was no way they could have that high operating margin.Another issue is that dangote sugar is a new issue, so u dont have past records to work with i.e dividend payout, bonus payout and all.Whats the essence of making so much profit and you give your shareholders stipens(take the case of Zenith bank).Not withstanding, Dangote Sugar has lots of potentials but pple shouldnt not overlook the risk involved,the Nigerian Stock market is driven by bonus and not dividend,so if all DSR pays is dividend u cant expect an exponential price increase.DSR is also a kind of monopoly for now so they have an edge becos pple will always consume sugar(meaning there will always be demand).Dunlop on the other hand have had financial issues in the past due to mis management but there has been a major restructuring with that company and if you look at the past trends,u can deduce that dunlop will bounce back on their feet if resources are properly utilized.
In conclusion, both Dunlop and Dangote are good BUYS.But you will get the return on your investments faster in Dangote than in Dunlop.meaning Dunlop is a long term investment while DSR is a short-medium term investment.

I must also add that the greatest investors in the world,didnt invest in companies when the "going was good"(right fundamentals),they saw an opportunity in the Company before most pple did and they seized it!!!
Invest wisely but be cautious!!!

hey cheavroi,

To be very honest, i dont think Trade alert is 100% functional in Nigeria.I respect the idea and its actually a brilliant one if its fully deployed but whats the essence of Trade alert if you are not notified immediately.From personal experience, i know it take a minimum of 3 days before u get a text on your fone that your orders has been executed and at what price.By then its not useful for me cos i have already received my contract note from my broker the following day, or even received a text that same day.The only advantage i think trade alert has at the moment is that it acts as a check to fradulent brokers who overstate the prices at which shares were bought,aside that i dont think the present trade alert is very useful.and if i have a stockbroker i trust,then trade alert is not of any use to me.
Anyways thats my personal opinion of trade alert until it can be 100% functional like what we have in the s&p or nasdaq markets.

Hey LoverBwoy,

I don't think you should generalize your statement i.e"it takes Nigerian stockbrokers days/weeks to execute your orders". I personally know that it is not true,your orders takes 24hrs to be executed(i know this because i work in a Stockbroking Firm).There are some reasons why your trades are not executed on time;
1. Your cheque hasnt cleared and the firm is not ready to stick its neck out for u.
2. The Stock is on bid (i.e. theres so much demand and no supply).
3. The stock is on full suspension.
4.The stock is on offer i.e no demand (In the case of when u want to see).
5 A CSCS number has not been generated for you.
Aside the following reasons,i don't see why your trades cannot be executed in a day or maximu two days.

enjoy!!!

Hi Nferyn,

Can you please send the Prince2 manual again,the link u posted has expired.better still can u please send it to my box cherrypie26us@yahoo.com,thanks a bunch!

bayo akin,

Oceanic Vintage Fund is a form of Mutual funds,mutual funds are funds fund managers pull together from pple with the same investment objectives, who do not have the time nor sufficient money to invest in the several Blue chip companies,these fund managers pool ur funds together and invest on your behalf (using their own discretion) after which dividend would be paid to you (usually at the end of every Year, depending on how well the fund was able to be managed).You can buy vintage fund with a minimum of N50,000 at N1 per share.

Its good to know Nigerians are beginning to wake up and smell the roses as regards opportunities in the Nigerian Stock Market, i happen to work with a Stockbroking firm and it breaks my heart to see a lot of foreigners come into our country to make bounty returns while we rot away in ignorance.I am willing to tell anybody all they need to know about investing in the stock market if they are interested.Let me give you a hypothetical example; I bought Benue cement stocks at N6.50k around march this year and the Stock is currently trading at N34.51k, u beat dat!!!.The gospel truth is that no other market instrument can give you such returns.I must also add that playing in the Stock market requires a certain level of risk,because you can loose money,i have lost money in some cases but as long as my gains are a lot more than my loses,i am cool.i can go on and on about the bounty opportunities but its all dependent on your risk level and ofcos your investment objective.No matter the kind of person you are,theres always a stock that can meet your needs, if u can get the rite professional advisers.
You can reach me on ope@greenwich-trust.com,will be glad to give you more info,who knows you could be the next Warren Bufett.wink