₦airaland Forum

http://www.nse.com.ng/Financial_NewsDocs/32845_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_%20CORPORATE_ACTIO.pdf

Brokeloser:
Go and treat your brain tumour then we can talk.

We need not reply you again bro. Your moniker says it all. You are broke and you are a loser! Don't think anyone supports you on this thread.

Biafran4life:
SEC or NSE should wake up to its responsibility.If Guinness comes out with anything extra ordinary in its result.Then know it that before this results get to the public it is usually compromised, friends and family sees the results.It just happened with uacn . That is why you see the demand for such share keep going up both in price/quantity.This country is just too corrupt.Guinness will confirm my allegation.We watch

Just to differ a little. Guinness year ends in June 30. So, I am not very sure it's about result now because their resultswill not likely be out until around Aug/Sep. May be any other reason though.

Guinness guys smiling to the bank withing a month.

Coolcash1:
Should FUGAZ, Dancement and MTN decide to delist, NSE will be carcass.

It's like assuming this companies collapse in Nigeria, what do we have left?

Restored!

NSE working on the system to extend the 10% daily price change cap!

hmohammed:
My dad sponsored my university education with stock investments now I am doing the same already. Used my Zenith bank dividend to kit up my children for resumption.

Good news!

stcool:
My advise, go and read more on crypto and DeFi...If you have already I hope you act soon.

Goodluck!!!

https://nairametrics.com/2020/08/08/nigeria-attracts-more-bitcoin-interest-than-any-country-globally/

"Among top countries in Q2, 2020 leading in peer to peer Bitcoin transactional trades on the African continent were:

Nigeria – $34.4 million dollars.
South Africa – $15.2 million dollars.
Kenya – $7.8 million.
Ghana – $640,000.
Tanzania – $600,000."

Thought u said Nigerians are always late to the party! This is how u go back and forth bro. I just hope some people did not listen to you when you were emphasising sell sell.

Josh121:
What is really going on here , ah

It's simple, we have a market mover!

seyisanya:
This is just the beginning; they're becoming so irritatingly non-responsive. If you don't ''JiJo'', you don't need Morgan Capital!

I mentioned this sometime ago, some people here said it wasn't true. Morgan has a poor customer service! They will soon loose many clients!

Coolcash1:
No doubt Emefiele will go down as one of the worst and inept cbn governor in annals of history. However, I will advise you focus your energy more on making money from the market regardless of his harsh, unstable and growth stiffening policies.

The Buharinomics has not only undervalued the banks but also the breweries. I read from a link here where one of the Breweries MD confirmed they pay 35kobo per CL as Excise Duties.

Meaning: Heneiken is 60CL per Bottle, NB PLC will pay 21Naira per Bottle as excise duties that translates to 252Naira per crate as there are 12 bottles in a crate; of course this is excluding VAT. All these go to the govt. This is highly imparting the bottom line of that industry.

locodemy:
I am just waiting for this TA I spent over 50K to learn to prove me wrong in this June/july,I know what to do.

God is about to answer Stcool's prayer on Zenith @ 9. But, he has given up already.

talk2me2:
Meristem stockbrokers has really disapointed me. I sent them a payment request since on Tuesday they debited my cash account and processed the payment, and even sent me a mail that my money has been processed. But up to now they have not transfer the money to my bank account. I sent a mail to them this morning but they did not respond, I called them and they did not pick.

I don't know what else to do I suppose to invest that money into ETH cryptocurrency since yesterday and now ETH has started to rally

My brother God is using them to save u from investing in a virtual trash!

Thinkbigga:
I think it is authentic. I sent them a mail and got the response

If they confirmed the mail is authentic, then they should learn that its very wrong to send such mail on weekend and enforcing a deadline of 48 hrs. I got it too but just debunked it. Assumed it's fraudulent.

zionaigbokhan:
A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

I will suggest u just delete this and also assume u have never thought of it!

klas:
Nsempas are correct.

Note 11.3 of the financial statements gives enough information for analysis.

1.JP owed Access and Standard Chartered banks

2. The 2 banks took over some of its assets (dredgers, barges and building) at a value of N55.712b to cover the amount owed.

3. The carrying value of those assets in the books of JP before the banks took them over was N12.69b.

4. The difference between the gross value of the loans at which value the banks took over the assets less the carrying amount is N43b which JP recognised as other income.

You can see that JP lost some of its assets while the banks lost the difference between the loan amount and the assets value.

N43b other income is a paper profit as it just involved writing back the accrual for interest (now waived) which JP had been doing over the years, it is not cash backed.

JP may not even be in a position to pay 1kobo dividend unless it borrows because it has negative cash flow without receivables.

The receivable of N10.4b it reflected in the account is largely audio because subsidiary and associate members of the group owe N8.5b out of it (essentially JP owes itself). Only 686m is trade receivable.

Disclosure: I joined JP bus in 2008 (no disembarking) and without doing due diligence bought additional 1m @ 0.24k. JP should let me know its juju man. I need him

The Juju man was Abayomi Obabolujo... Heads wey dey swear for this man ehn!!

IYGEAL:
I hope you ain't making a mistake bro

Don't be a learner na... Ma fo!

DeRuggedProf:
Let me create my own side hustle from this brouhaha...

Meshpip to win: 15.5.
Oracle to win : 15.5
Draw: 9
Competition to hold: 13.5
No competition to hold: 1.01
Jejebaba to see alert: 1.5
40K units of Zee to be sold on Monday: 17.2
Meshpip to open account: 10.5
Meshpip not to open account: 1.01
Jejebaba to divert funds: 11.75
Oracle to chicken out: 10.5
Mespips to chicken out: 10.5

Print out and bring to my betting shop with the amount you intend to stake..

Lolz! Badt guy!

Mcy56:
Send mail with the email addy you registered with them, stating the amount you wish to withdraw.
I think Morgan needs to consider including funding and withdrawal features too.

Very poor customer service. Will only acknowledge mails and no action!

fxuser:
update

- most prices generally hitting a monthly daily high (positve)
- all setting up for a very bullish monthly candle abv prev months (positive)
- dont get left behind in disbelief

Yeah... Even @Stcool has taken position.

IYGEAL:
I just went to the official website of NASD. I could see Afrinvest, Investment-One, Greenwich and a few others as brokers. Apparently Morgan Capital is not on the list. You can send them an email to find out.

My only surprise is that Cash Craft is there

Check well.

emmanuelewumi:
I don't know, what are the parameters used by you to determine that?

Im referring to their prices on the NSE actually, is it just a coincidence?? NB and Stanbic

emmanuelewumi:
Just two companies have dividend reinvestment program in Nigeria

And these two companies are the best performing in their sectors on the NSE...

meshpips:
Wait o! If person tell fish say na inside water them go cook am. Will the fish ever believe it?

Even @northeastern wey never give one call wey fit yield common 30% profit still dey yarn put my matter.

Una go come let me look like say I be trouble maker.

I like @rabbidoracle and @onegentleguy though. They are really intelligent people. I just dey try show them say shoe get size.

You are not a trouble maker bro.

Keep on with your analysis, we can always do our DD. We are picking learnings.

meine:
Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly(which is your main field) be careful in saying Zenith will come down to N11.

Baba, you dey vex o... Anyway, u did well

maishai:
This just shows we all descended from Adam by looking for someone to blame for our shortcomings instead of Admitting our failure and taking the consequences..........

I laugh when I see such post.............

Maishai, admit the truth. He is not sentimental in that post. Was objective Enough!

Godlylifeoneart:
Guinness has the best book value per share in the breweries industry.
Last traded N17
BVPS of N54. 33
EPS 4.46
PE3. 81
There is no other place to take a risk.
The worst scenario, it will reach 50% of the present book value in 6 months post COVID-19
A worthy risk. You will smile technically and laugh Fundamentally in 6 to 12 months.
Bookmark this post

I don't think the case of Guinness is about Covid. It's case is not unconnected with your previous long post about the present Northern govt. Until after the present administration, I doubt there will be a rise for this dey bone. Even at general market bull, it doesn't rise.

Umargarr:
Is this supposed to be an insult to the Malos?

Not sure its an insult as Maloans are in charge of the country's affairs.

maishai:
Sir, this is why I love France and we must find a way to bring back unionism, @ least to a minimum, we all know that when the going is good, it's usually very Good for corporate management as wages are usually fixed cost, it never moves in tandem with productive output........but @ the first sight of hardship, all what management think of is how to slash workers salary, Is slashing workers salary the only way to save cost......................

Thanks boss. This is exactly what comes to mind. The approach of our indigenous companies to the Covid situation is very unfair. Really unfortunate. Atleast these firms should be able to guarantee full salaries for one or two months before taking such decision. This is Tue time to also give back to their employees too.

ojeysky:
What

Bros, no be joke o. We are waiting at 10. By the time their year ends in June and the dividend is poor. Then, south is sure!