₦airaland Forum

bdon12:
Becos of religion.their pastor told dem that their school will become international.

dont mind them ooo. that is enough excuse.

Seeck:
What's your course of study?


Please is there a NL NJFP WhatsApp group one can join?

it is easy to get the whatsapp groups here on nairaland. Go to search tab, and type in "njfp whatsapp"

they plenty

Upxia:
By Jubilee group ?

Yes, by Jubilee group.

I was posted to resume work at Sterling Bank.

What should I expect?

What tribe is Davido from?

his message has been passed and well understood. Now let me go and listen to the song.

@emmanuelewumi & Ors, please what is the Intrinsic Value of
ETranzact
Fidson
Guinness
MRS
UPDC, &
Zenith Bank?

Ant-infested firewood...

i don get Cadbury dividend alert. Na God win!

yMcy56:
Don't buy because of my post ooo.
Pls Carry out your due diligence....
Check the date for that post and do your background checks as well. What if I'm wrong?

Igi pawpaw o ni wo pawa o.

Anywhere you go, I go dey there ooo.

Omo make una see how love carry me enter FTN Cocoa ooo. Na chocolate them dey produce ni?

yMcy56:
^^^
@essentialone
That's old news.....
They already converted it from the look of things.
I stand to be corrected though.

Wow, that is good Mummy Messi. Because FTN Cocoa and Pharma Deko na 2 companies wey I dey fear ooo. But thanks for the re-assurance. Let me buy them now.

FTN Cocoa Processors Plc, one of Nigeria’s oldest cocoa processors may convert some of the debts owed Mirae Asset Securities formerly Daewoo Securities (Europe) to ordinary shares as it has been unable to generate revenue or make profit due to chronic liquidity crisis. FTN Cocoa is among the four surviving cocoa processors in Nigeria after 16 closed offices in 2018. According to the President of the Cocoa Association of Niger, Sayina Riman, the surviving cocoa companies are Oluji Cocoa Company Ltd, Ile-Oluji; Coop Cocoa Company Akure; Ede Cocoa Plant Products, Osun State and FTN Cocoa. Despite Nigeria’s position as the number 8 largest cocoa exporter, all the companies are struggling. FTN Cocoa crisis began when one of the company’s foreign partners, Transmor Commodity USA, experienced financial problems and went into liquidation. Faced with liquidity crisis, FTN did not generate revenue in the first quarter of the year. There was no sales made from the export of cocoa butter and cocoa cake during the period was zero. The company did not generate revenue from export activities as well as local sales of cocoa cake, cocoa butter, cocoa powder and cocoa liquor, the books showed.

Unity Bank has been successfully Pumped and now Dumped on Anywhere Belle Face (A.B.F.) Analysts.

Unity Bank Plc said it is targeting to achieve N19.864 billion in gross earnings during the third quarter of 2023. The bank also projected raking in N16.407 billion in interest income. Targets for a profit before and after tax were put at N262.359 million and N240.059 million, respectively. While the projection for interest expenses stood at N11.342 billion, forecasted taxation for the period was put at N22.300 million. Unity Bank Plc posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021.

On paper, everything seems well at Unity Bank, but a worrying note from independent auditors, KPMG, on the financial health of Unity Bank should bother investors. A note from independent auditors, KPMG, has raised questions over the financial health of Nigeria’s Unity Bank. These questions became pertinent after the lender’s total liabilities exceeded its total assets by ₦274.9 billion for the full-year ended December 31, 2022. Per its financial statements, the bank recorded total assets of ₦510 billion in full-year 2022, compared to ₦538 billion in 2021. On the part of its total liabilities, the bank recorded ₦785 billion in 2022, as against ₦815 billion recorded in 2021. Analysts from KPMG wrote a note regarding this situation in its books, highlighted it as a “growing concern.”

Mankindman:
Pls don't blame my people. We are offended already.
Yorubas are the highest investors in NGX. They are reaping very well where they sew. This is why I would never support the FGN to take our generational unclaimed dividends that benefit the economy of the South West indirectly.
You must learn how to survive in any situation or else NATURE will disown you.
You remind me of years in the UNIVERSITY OF LAGOS, where every inaugural lectures was a guarantee of a square meal ⬛️ and a means to defeat transient hunger. You dare not missed an inaugural lecture coz, You are sure of take away packages after satisfying yourself.

Pls allow awon Baba ati Mama wa to enjoy the labour of their offsprings.
I'm sure it was because of people that don't like us that made SEC to ban the distributions of gift items during AGM.
In those days our people return from AGM with priced clocks ⏰️, umbrella 🌂, 📻 etc.
It makes AGM lifely.
The Covid-19 pandemic during which AGM was changed to visual really affected awon Baba wa. AGM is lifely again now, at least the gift is moneytised in form of transport and participation allowance for our darling parents.
The last Zenith Bank AGM was lifely and interesting to see awon parents wa , representing us well during interaction with Jim Ovia and his teams.
It was not by coincident that the Yorubas have the highest no of registered shareholders associations in Nigeria. It is a way of life. As for me, I focus on what I can gain from a listed company using sentimental and optimism analysis. I just ignore the corruption analysis.

https://sec.gov.ng/list-of-registered-shareholders-associations/

When our parents were busy registering shareholders associations, some people thought it was a waste of time. Check the list of registered associations in Ibadan alone, then you would know that
"What oil is to Niger-Deltans, is what equities investment is to the Yorubas"
The Yorubas lost sizeable wealth and make tangible gains in NSE. I can tell you confidently that 2 out of every 50 households in South West have shares in NGX ,while 10 out of every 50 households know about stocks investment.
It started way back to Nigeria pre-indigenisation policy.
I started learning about stocks from my father when I was in primary 5. I didn't just become a self value investor overnight.

Your Eulogy has been duly noticed, but it failed to respond to the issue of the rot going on in AGMs which can and may have significant negative impacts on the quality and integriy of the Financial Statements being offered to the investing publics by Nigerian companies. Remember the Burst Balloon theory. I am not taking away the rice ati ewa ati dodo from awon Baba ati Mama wa. Just cocncerned about how the dirty hungry politics going on in AGMs can affect the efforts of real stock market traders, who may end up buying gbola, thinking it is bolee.

LordIsaac:
Most women, anyway, become hospital visitors ONLY after marriage.

hmmm, as in pregnancy?

Please, if ever you attend any AGM, don't waste time or bother raising your hand to ask questions. Those who you see asking questions have been chosen and rehearsed before the meeting day. The Chairman knows all of them and cooperates well with all of them to avoid negative board room politics. There is usually an inner caucus meeting a day before the meeting. News media are not part of that one so it is not shown on TVs or YouTube.

When you see them coming out to act like they have read the full report thoroughly, just know it is a well rehearsed drama that is going on.

Focus on the stock market investment you are doing and avoid going to AGMs ooo. For your own sanity.

But what they do there worries me because I keep wondering how many of Una so called fundamentally sound companies are actually fundamentally sound companies. Those guys can Cook Books for fun ooo.

emmanuelewumi:
The praise singers are paid ooooo. You see people with shares in all the quoted companies on nasd and NGX.

People wey get one unit of shares and na dem dey vocal pass


Total value of the shares in the over 300 companies no reach 500k

99% of people who attend AGMs are there for only 3 things.

1. The free food and free gifts
2. The meeting sitting allowance that is normally given to the do called Chairman or Chairlady of different shareholders associations. to be distributed to their supporters and praise singers.
3. To vote in their own paddy paddy as Members of the audit committee of the company. the duty of the audit committee is to allow the management of the company, the board of directors, and the external auditors to prepare doctored financial reports. In return they get well paid. During some of these AGMs, those contesting for the audit committee jobs, go to their villages, often Yorubas, make I call name now, and import several hungry old men and women who they have bought 1 unit each of the company for , so that they can come in and be allowed to vote, of course for them.

They have a complete list of all the AGMs to be held in Lagos state for the year, and would vehemently fight any company that dares not to do it's AGM in Lagos state.

All those who attend AGMs are mostly old and poor persons who have at least 1 unit of shares in all the companies in NGX & NASD. They are neither investors nor traders in the stock market. Just exploiting the policy of companies to provide refreshments and attendance allowances during Meetings. And AGMs being a Company Meeting, do the maths by yourself.

Yorubas don't be offended ooo. Na wetyn I see I talk.

Mothers are still in marriage, but their daughters are already divorced.

Why?

id4sho:
Just employ one hungry Lebanese and make him head teacher. Cash out go choke

Or a female Indian whose hometown has been captured by Pakistanis militia, and is actually a Refugee here in Nigeria.

emmanuelewumi:
Yes, they are approved by shareholders.


AGM politics is not different from what is obtainable in the country

AGM politics is the only politics in Nigeria that is worse than the one that selected Tinubu into Presidency. I cannot say more than this. All I can say is Thank your God if you have never attended any AGM. It's an organised madness.

id4sho:
It's all packaging, show off parents like names such as international, academy, British, Canadian, American, private etc

Na real show off

LeeSmart:
Mr OP nd if you check well there is nothing international or standard about them.

Exactly. Some even go as far as putting pictures of foreign students on their sign boards. Just to fake the International.

I have finally jumped out of the aeroplane of Academy Press. I wish those who are still inside it a very safe flight...

hardbody:
It is called Aspiration

Hahaha

The matter don tire me.

Why do most private Primary & Secondary schools in Nigeria add "International" to their name?

Or am I the only noticing it?

kunlesehan:
Price?

If touched, can it shock?

Intelligent question

nedekid:
Why is the girls face like that? See her mouth, as if she is pronouncing her surname.

Officially you don kolo. lol

This jail term quick end like some guys Cum.

BullBearMkt:
YOU COULD POSSIBLY DOUBLE YOUR INVESTMENT IN UACN STOCK
Already mentioned on the platform by another analyst. This is however, true. Lower risk with high reward

PLAN YOUR TRADES AND TRADE YOUR PLANS

Please send the charts for Access and UBA