₦airaland Forum

Hhmm BabyGaddy,

Hope you are not trying to toast Temmie 10?

Temmie 10,

I still maintain that FBN was over priced @ their N40.40 technical suspension price.

Yes there was the bullish run 1st Quarter this year but did you investigate the factors responsible for the run?More over the bullish run was experienced mostly by penny stocks and less capitalised companies.

I don't dispute the fact that demand for the FBN share increased shortly before they issued dividends and bonuses which lead to the rise in price but am tellin yu that there was an element of price manipulation.

I have always seen FBN as a long term investment.So if you are buying for a short term profit I guess you have to be patient with the Elephant.

The issue about FirstBank is that it was over priced.

When it was on technical suspension @ N40.40 and offering to the public @ N33 & N31 it's fair market price was around N34.People were seeing a N7-N9 discount where -as based on the Fair market price it was N1-N3.

Shortly after the technical suspension, the price was apparently manupulated to N56 -N57.Their market fundamentals could not support that price which lead to the first free fall to N48.Bonuses were issued and price adjusted to N41.Even @ that price it was still over priced cos their market fundamentals could still not support it.

The free fall might still continue until it reaches it's fair market price which is between N30 & N35.

The plant is in Europe?Your address is Cameroun Highlands?Are you a Camerounian? Or are you based in Cameroun?How does a Nigerian investor come in here?And what is the meaning of FOB Lagos?

Chiudo,

I am sure you are an HND holder.You see why some companies don't take them?

[b]This thread should serve as an eye opener for those that are still in school.[/b]

Igweosita,

Very generous of you.But note that you have just narrowed your chance of getting that job except if you too are not writing the test.Good boy!

LYCIA,

Let me ask you a question.If you'v never lived in Lagos and want to know about Lagos.Who do you go to?A person that has lived there for many years or a person that has never been their before?

What is happening to First Bank's Share price?At one time it rose to N56,dropped a bit and gave bonuses.After then, the share price has been experiencing a free fall.Infact it closed at N38.98 after today's trading.People are begining to panic.But thank God I didn't buy FirstBank cos I was saving towards ACCESS Bank.

NLNG hopefuls .Welcome to the world.

Tuesdays and thursdays are special days for Nigerian job seekers.Y?Tuesday and thursday guardian Newspaper.

Withing the last few years I have noticed that Banks,Manufacturing Companies and even accounting firms like KPMG,PWC, Delloite etc.Recruit across board i.e all discplines more especially if they specify 2:1.

Gone are the days when the Banks are meant for Management Science gradautes.Infact Banks now employ Science and Engineering Graduates more than other fields probably because they are better numerically and hence perform better in aptitude tests.

Also take for instance in Accounting firms like KPMG,PWC and DELLOITE have you noticed that a good no. of Trainees have Engineering backgrounds.But have you also noticed that when you see Graduate trainee vacancies in Engineering and Petroleum Companies, they most often specify Engineering/Geosciences.

When you come to Schorlaships like PTDF it is still mostly Engineering/Geosciences.Does this now imply that Engineering/Science disciplines are now more lucrative than management sciences like Accounting, Economics, Banking & Finance, Bus Admin, Marketing etc?

My good people what do you think about this matter?

Hello all,

Please be informed that FCMB has been placed on technical suspension today as a result of their planned public offer. The proposed offer price is N14.00.
What are your opinions?Is it to buy or not to buy?

RE:
LeadCapital Limited

g-ben,
I also finished from OSU.Do you know Michael Ogundipe .a.k.a NADECO?

FAISALL,
I can't tell you how much NNPC pays.We in the Oil Sector are not like Bankers that make so much noise about their pay package.But believe me the offer is fantastic with lots of benefits on the short and long term.And it is better than what any Nigerian Bank can offer.

Idimah,
I also studied Geology.There is a Petroleum Geological company(won't give you the name.Find out) at Ocean View Place along alpha beach road Lekki.That was where I worked.

FIDELITY BANK, DANGOTE FLOUR, JAPAUL OIL AND MARITIME, AFRIBANK, NAHCO and now FCMB .Why all at the same time?I didn't buy FIRSTBANK because of ACCESSBANK.Now How do I spread my money? Maybe I should buy ten-ten naira of each

Viperman,
For how much can I get a toyota Camry 1993 or 94 model (tokumbo)?

My guy doesn't have a car .We met in school .He's doing well today working in a Oil Company and could even have bought one months ago if he wanted although he plans buying soon .He so much respects and values me today because I was all he had even when he was jobless.

Good people I have about N0.5Million to invest in any or both of Dangote Flour and Japaul Oil and Maritime.Please I need your advice.(For the investment gurus please)

I don't believe any matured man can be a virgin.If he never had sex, he must have masturbated.

Good people don't disturb your selves.He said "This is MY current list of top 10 Nigerians".

NairaLand is a Kingdom of various personalities, with varous opinions, ideas and so on.At-times I wonder about some of our academic back grounds.I studied Geology from the Olabisi Onabanjo University a.k.a OSU.What about you?Please be sincere my good people.

Are you talking about Entry-Level package or Experienced professional?Anyways from your list of companies it ranges from N40,000 t0 over N500,000 per month.

.Thank God I made that wise decision of not studying medicine.

mine is 419419.

Some of us have been following the stock market for quite some time.I don't doubt the fact that there might be some thing fishy about the ACCESS Bank's Financial report.But look most of our Banks have a way of cooking up their books and influencing their stock price shortly bofore they go public so why should ACCESS Bank be singled-out.If you have any doubt go to www.cashcraft.com,go to market analysis and click on stock price movement.Set over a 1year period check stock price movement for ACCESS, UBA, OCEANIC, INTERCONTINENTAL AND FIDELITY Bank.You will observe this sharp price appreciation shortly before they went on technical suspension. Even FCMB is on a sharp rise now because they are going public soon.To my own opinion investing in ACCESS Bank is as risky as investing in OCEANIC, UBA OR INTERCONTINENTAL Bank who are not doing badly anyway.So please GET ON BOARD!

nigeria vs colombia.i predict a 2-0 win in favour of nigeria.what score-line do you predict?

Bring soap and I''ll provide water so we can "wash" the stocks together.

Ah, sorry oh.I wrote mine September 18th 2005 and in October same year I was told I passed the test.I am still waiting for the interview till now.Any ways am currently working with the NNPC.Move on with your search my dear.

I once worked with an Indigenouse oil servicing company based in Lekki, Lagos.Though the salary as a trainee then was not too encouraging, I gathered so much experience.Today I work with the NNPC.The experience I gathered from my previouse job boosted my opportunity.The oil industry is quiet rewarding so be patient and keep learning.

Max_Divine,
I feel you.Only very few young people know this.

Lagoseko,
I'm sorry if my response dampened your spirit.My cousin works with SpringBank so what I said is not far from the the truth.The 120k you talked about might be the average monthly take home.I.e your anual divided by 12months.Springbank is not among the highest paying banks.Even Oceanicbank which until recently used to be the highest pays trainees little above 90k as take home though their annual is N2.2m.Note the difference between monthly take home and annual my dear.

Guys, I intend to secure a loan @ 70% interest rate per annum to buy this ACCESS BANK Shares.Pls what do you advice.