₦airaland Forum

onegentleguy:
On the part in bold, broadly yes.

But there's also plan B.

A few banks may decide to go the route of a bonus issue, which is another means of issuing share capital and increasing their paid-up/paid-in capital, instead of a rights issue.
There's also a possibility that some banks might decide on both a plan A and B (ref: rights issue and bonus issue)

The way to guage the probability that a bank could do a plan B (either alone or coupled with a plan A) would be to look at the anatomy of her SCS and juxtapose it with her SPA and FF/OS
For instance, FCMB, STANBIC IBTC and ETI could decide to do a bonus issue. (note the use of the term "could")

There was a reason I initially recommended STERLING BANK @ N1.4+ and still went ahead to include it in my 1st outline/recommendations and investment guide (not series 2) @ N3+ after it had already achieved a massive 126% CGY.
Well, Mr STERLING would later rally to N7+ printing an astronomical 415% and 110% CGY from the initial entry peg of N1.4+ and N3.4 respectively.
Aside fundamentals and technicals, the decision to adopt a holding coy structure was going to be a favourable one for the bank.
There was also a reason I fell in love with GTCO @ N17+ prior to that time.
Recall I kept screaming that the bank was a buy at the time but perhaps some persons were waiting for the price to drop to 80k.

Saying that I also like JAIZ BANK, another asset that was recommended in the 1st outline @ N1.4--1.5, should already be taken for granted.
Congratulations to all those who sold @ N4 booking an impressive 185% CGY.
...I still like JAIZ BANK and a few other banking coys. (gave reasons and clue in many of my previous post)

But of course, I also love a few other asset names!

For those who've got the outline/recommendations and investment guide--Series 2, hang in there and be happy to hold. Some are already a bit up and rallying... others will follow suit in time!

It is well

RenaissanceGuy:
Seun, can I pay you N500m for you to delete this thread?? This thread contributed to Obi's loss last year. Peeelease

Alexis11:
😂 😂 😂

E shock me too. The first time I saw this thread I opened mouth for 10 minutes I forgot to close it.

IfnobeGod20:
Please stop confusing yourself, no writer of anyone biography will write it from the blues. They made consultation before writing it. You're just out to belittle the work of biographer as to look as if they manufacture their works.

IfnobeGod20:
Is the person going to write the biography from the moon and not consult the owner? Do you think biographies are written from the blues? The writer interface with the person please.

yMcy56:
UCAP is here!
https://doclib.ngxgroup.com/Financial_NewsDocs/40624_UNITED_CAPITAL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

UCAP Corporate Action
Final Dividend: N1.80k
Qualification Date: April 9, 2024
Payment Date: April 23, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40633_UNITED_CAPITAL_PLC-DIVIDEND_INFORMATION_CORPORATE_ACTIONS_MARCH_2024.pdf


ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/40621_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

ACCESS Corporate Action
Final Dividend: N1.80k
Qualification Date: April 10, 2024
Payment Date: April 19, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40622_ACCESS_HOLDINGS_PLC-CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2024.pdf

IfnobeGod20:
I have tried to link up with this your link but all my efforts to do so yielded no fruit. No single biography of Peter Obi captured that he started as PDP man. I have watched him severally been interviewed and I have not heard him saying he began politics with PDP, all his story has been how he joined politics through APGA. Here below is a link of his biography and all the parties he has joined with date. Nowhere it was mentioned he was in PDP before APGA.
https://www.google.com/amp/s/www.nairapen.com/posts/biography-of-peter-obi/amp. I am saying it without mincing words, Peter Obi began his political journey from APGA in 2002, you guys should stop making up lie from newsline

IfnobeGod20:
As at that time was he a card carrying member of PDP? If he was, he was to resigned officially before joining APGA. It was the same year he joined APGA and the next year he vied for governorship election and won. His membership was just a detour.

IfnobeGod20:
You just went to copy lie. The link you copied is broken and not correct. Stop heaping lie upon lie on yourself. Peter Obi political journey began with APGA.

Adinije:
Cool, will buy again tomorrow. Hopefully it touches #47

Adinije:
Ur are right. I have scoop some. while waiting for more dip.

Adinije:
DS on full offer? Any -ve news ni

IfnobeGod20:
And you lied. Obi began his political journey from APGA in 2003. Go and google that.

Alliswell248:
Story story....
First Oshiomole was never in LP.....he was in Ac....then moved to APC.


Which party would obi go?
Obi who is unprincipled.....from apga....pdp...LP....

Shameless set of people.

Elupee has scattered.....

Jagaban till 2031

Freshtruth:
NLC are big fools if you remove Tinubu u are slowly moving obi and his obidents followers even Alex Otii will decamp if obi leaves, Obedients are not supporting Labour party they are supporting obi himself.
Let me ask a question if Labour party get level why did 2former Governors Mimiko and oshomole who won with LP Decamp to PDP and APC immediately after using LP platform?
Common sense they say is not common

vacanci:
the problem is one can get trapped.

Imagine those investors in Multiverse who have been trying to come out for the past one month. total traded value yesterday from 6 deals only was N21k. You spot opportunity elsewhere and want to sell multiverse to key into such opportunities just like when MTN got to N180. Multiverse trapped you inside.
Yesterday also, Champion breweries, only 3 deals with total value of around N5k.

Look at McNichols, after the price went up many days and hit the top, coming out was a problem until it went back to where it started from before we started seeing bids.
Mecure has trapped investors wanting out as we speak. remember how it was flying high and jumping 10% daily for weeks. Yesterday's total traded volume was just 21k

so many stocks like that will do people shege.

Climbing up is not the problem but when you want to come out, it's a big problem especially when you are invested with huge fund.

my advice to penny stock wannabe investors is to use penny amounts to buy penny stocks. Imagine someone queuing up very early trying to sell about 1M units of Mecure or Multiverse. it would take more than 2 weeks of others waiting if the 1M guy gets in front everyday.

I learnt my lesson when i tried to jump out of one penny stock with N800K value to invest in an opportunity elsewhere. i remained trapped while the other stock which was a highly liquid one made 30%. As i speak, i am still trapped but the paper value has gone down drastically by about 50%.

As for me, i learn't my lessons

JagabanB:
I open Nairaland when I want to reply read and reply comments, winding them up is not difficult and u see how shaIIow most of them are.

JagabanB:
They thîñk and àct Iike a hèrd controIIed with a stîck and cIaim to be intelligent.

Locotrader:
Except the mgt decides to delist the stock, it is a #5 5tock.Timeframe is 2 years from now

nwadikeokey11:
But I thought even Nmesomas original score was more than enough to secure her admission in any uni to study any course of her choice? Her only problem or crime was greed. She was aiming for the scholarship award for the highest scorer and because she didn't get that point she decided to add a little point just to come up on top. That was her only crime not that her result wasn't good enough. Even all the teachers that taught her bore witness to the fact that she's a very brilliant girl. And the same result got her admission oversea. So your Nmesomas rant still holds no water, oga.

Locotrader:
That illiquidity is the reason I like iei.
My stock picks are more of illiquid stocks.
When there is turnaround in a company, people will start looking for it no matter the illiquidity. Still on this illiquidity, when market begins to show justice to a stock because of the impressive numbers, that stock will trade at a very high price.

Locotrader:
You spotted a good stock on a track to beat many insurance companies within 5 years.
I have taken position and will still buy more.
Looking at Q1 last year, I believe this year Q1 will surpass it. Take a look at the last Q1 result below.

I will not be surprise to see it on full bid today

EbinPawaGovt:
Point of correction. Google, the Europeans and Americans say so.
2) Hopefully, you may have an important view about why the Ibos couldn't stop the British despite being the most intelligent African tribe. Any contribution since folks like Deadlytruth have been running in circles saying nothing? As you can see,we have already proven that Igbo childresn are required to score up to 160 in unity exams or disunity exams while some of your tribes children qualify if they scire 6. A clear testimony that even your government deem Igbo the most intelligent tribe in the country. Igbo children also beat the rest of you silly in national exams with level playing fiels such as WAEC and JAMB. At least, these are facts we all are aware of (before they start rigging exams the way they rig election in the country).

So why couldn't the smartest African tribe stop the British from colonizing them?

Locotrader:
@ Deadlytruith, I don't use to send DM or respond to it.I would have like to send you Dm on Iei stock.

I wanted both of us to rub mind on the stock you spotted which I think is good. Your action of not responding to my messages is not a good one. I can't do that to you.

I worked so much on that stock throughout last week and now it is a BUY stock. I got a lot at 1.20 and 1.22.I will continue to buy until I meet my target. You can average down at these prices or below but getting the stock at below 1.20 will be extremely difficult for now because liquidity and good trading setup is created for the stock at this time only. I will review the stock again after Q1 result.

EbinPawaGovt:
You are jumping here and there.
1) why do Igbo children need to score 160 in an exam that other children from other tribes need to score as low as 6 to qualify if they're not deemed to be of superior intelligence even by your government?

EbinPawaGovt:
2) Why do Igbo children lead in national exams that create level playing fields such as WAEC and JAMB? Even when they write these exams in non Igbo states?

EbinPawaGovt:
3) Why would you be a prosecutor and judge in a case you have vested interest in as an African or even a Nigerian? Don't you think that nonAfricans such as Europeans and Americans are in the best position of objectivity to assess the most intelligent and smartest African tribe since it's obvious that as an African, emotions such as jealousy would play a role in making you distort the truth?

EbinPawaGovt:
4) if the European countries and Americans who are obviously more advanced than you and whose schools teach you say Igbo are the most intelligent African tribe, what evidence can you provide to the contrary?

EbinPawaGovt:
5) if you can answer any of these then I'd like you to tell us why you think that the Igbo couldn't stop the British conquest of the Igbo country since they're the most intelligent African tribe.

babasolution:
Majority of Nigerians don't care about the Igbo and have never hindered the Igbo in any way,limit your labeling to the specific groups that are hindering the Igbo, am from a small minority tribe in kogi,we have never done anything against the Igbo, the Igbo have had it way better than us in Nigeria,we have never benefitted anything from NIG, all we have is through our tears ,sweat and blood,don't categorise us with people who you think are hindering your igbo

EbinPawaGovt:
You've not said anything to prove the Europeans, the Americans or Google wrong. European countries said the Igbo would become a Japan in Africa. The Americans say Igbos are the most intelligent African tribe.

Google, an European company in the United States say Igbo are the most intelligent black tribe on earth.

In Nigeria, the Nigerian government demands Igbo children score as high as 160 for an exam other tribes need to score as low as 6. Yet Igbo children are always leading in the most transparent national exams that provide level ground such as JAMB and WAEC. So it just you making unsuccessful attempt to change facts which you can't do even given 1000 lifetimes.

Since it's proven that Igbo are the smartest tribe in Africa, the question you should be struggling with is why the Igbo couldn't stop the British conquest of the Igbo country since they were the most intelligent African tribe in a position to have done so. Arguing against fact points to the low intelligence attribute of some African tribes which is partly responsible for the position of blacks on earth today. So please stick to the topic of why Igbo could not stop the British. I know it's a bit too academic for a Nairaland discussion.

EbinPawaGovt:
You've not said anything to prove the Europeans, the Americans or Google wrong. European countries said the Igbo would become a Japan in Africa. The Americans say Igbos are the most intelligent African tribe.

Google, an European company in the United States say Igbo are the most intelligent black tribe on earth.

In Nigeria, the Nigerian government demands Igbo children score as high as 160 for an exam other tribes need to score as low as 6. Yet Igbo children are always leading in the most transparent national exams that provide level ground such as JAMB and WAEC. So it just you making unsuccessful attempt to change facts which you can't do even given 1000 lifetimes.

Since it's proven that Igbo are the smartest tribe in Africa, the question you should be struggling with is why the Igbo couldn't stop the British conquest of the Igbo country since they were the most intelligent African tribe in a position to have done so. Arguing against fact points to the low intelligence attribute of some African tribes which is partly responsible for the position of blacks on earth today. So please stick to the topic of why Igbo could not stop the British. I know it's a bit too academic for a Nairaland discussion.

EbinPawaGovt:
You've not said anything to prove the Europeans, the Americans or Google wrong. European countries said the Igbo would become a Japan in Africa. The Americans say Igbos are the most intelligent African tribe.

Google, an European company in the United States say Igbo are the most intelligent black tribe on earth.

In Nigeria, the Nigerian government demands Igbo children score as high as 160 for an exam other tribes need to score as low as 6. Yet Igbo children are always leading in the most transparent national exams that provide level ground such as JAMB and WAEC. So it just you making unsuccessful attempt to change facts which you can't do even given 1000 lifetimes.

Since it's proven that Igbo are the smartest tribe in Africa, the question you should be struggling with is why the Igbo couldn't stop the British conquest of the Igbo country since they were the most intelligent African tribe in a position to have done so. Arguing against fact points to the low intelligence attribute of some African tribes which is partly responsible for the position of blacks on earth today. So please stick to the topic of why Igbo could not stop the British. I know it's a bit too academic for a Nairaland discussion.