₦airaland Forum

Heartless fool.

Pls which channel is showing the match

still available

lol. that one na trade secret o, as na the beards we dey use mop shares for bear season like this. Except you ready pay with beer!!!
#formerRapper

TLAX:
Na you be that? Please come and teach me how to nurture my own beards!

My Dear Caverton. The Journey just begins... If you know, you Know!!!

Exactly oh. At our own cost. Playing politics with projects that belong to the taxpayers. We the people really need to wake up.

9jaRealist:
Anyone blaming Ambode is either mischievous or CLUELESS...

Money for the completion of most of these projects (including the Yaba and Oyingbo bus terminals, Pen Cinema Agege flyover, the 9 jetties, the chalets at Badagry, even the proposed Fagba flyover, etc.) are provided for in the 2019 Budget proposals that presented to the House of Assembly (after they had initially refused to allow him to address the house and present same in December), but which the House only chose to pass last week (and which BOS immediately signed into law) - after threatening to IMPEACH Ambode if he spends any money! In fact, the ONLY the Oshodi Interchange project continued unimpeded was that it is being executed under a Public-Private-Partnership arrangement (and therefore is largely reliant on PRIVATE financing).
>

Abandoned because the house of assembly, agencies and contractors loyal to Tinubu refused to cooperate with the executive, just to sabotage the guy at our own cost. But Nigerians dont read between the lines.

See their plan, they frustrated ambode with impeachment distractions and delays in fund release, so that his performance will be stalled, just because the guy no let some others veteran thieves chop with am. Even govt agencies leadership under the state govt joined the fight against the past governor by slowing pace of work and pledge allegiance to the Powers that be. You could see the result of the primaries. The governor was surrounded by enemies disguised as friends. How can one perform when all around are people trying to sabotage your efforts.

Immediately sanwo-olu entered now, they released budget, the man and the agencies are jumping around with promises.
The state roads are so bad, that any slight fix performed today, will bring a great relief and show sign of hope (mass mind control), leaving lagosians to shout sanwo-olu praises hereby validating to lagosians minds why they changed the last guy.

So now. lets think well, do you think all the strong tussle that happen regarding the said matter, is due to the love of the state. Nah, Political wars have never been about the people of the state, its about the state of the people holding the political powers and their self-interest.

Make you una continue to use us play. #OurMUMUneverDO

Corporate Governance and Govt policies flip-flop has destroyed the whole essence of been a long term investor in naija. Now you have to be a jijo master or get insider insider to make a major killing. Too many corporate scammers wearing suit, None gets punished.

Abeg, how can one start trading american stocks. https://www.interactivebrokers.com/ who have been great, but nigeria is not on their list.

Near Crash scare too often in Nigeria. Signs looming...

lol, hungry set of shareholders are responsible for the votes at AGM, ready to be bought by the highest bidder.

See them almost causing stampede because of gift bags, at Caverton's AGM.

https://www.youtube.com/watch?v=tpu0DekKaow

OBAGADAFFI:
I am shocked you're saying this.

There are career shareholders in Nigeria, they don't have any other job other than to monitor AGM, Boards meetings and SEC/NSE information.

Every Chairman BOD members, must lobby them to get reelected.

Ask our guy that attended Caverton AGM

Those guys are on speed dial.

next level

no need to advise them again, make we no get crowd for our zenith bus as we accumulate more.

Chibuking81:
Zenith current price #20.10 ( 20.10 x 3 = #60.30)
Zenith FY dividend #2.80 (#2.80 x 3 = #8.4) more than mtn 100%

Seplat’s shares at risk over N600 billion swindling allegation involving NPDC

The Nigerian Petroleum Development Company Limited (NPDC) and one of its Joint Venture partners, Seplat Petroleum Development Company Plc, have both been accused of defrauding the Federal Government for five years. This may affect Seplat‘s shares.

The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) disclosed that NPDC (a subsidiary of the Nigerian Petroleum Development Company Ltd) and Seplat swindled the sum of $1.8 billion and N8.8 billion from 2013 to 2017.

NPDC pleads guilty: Without denying the accusation, NPDC admitted to short-changing the Federal Government while promising to finance the discovered debt.

https://nairametrics.com/2019/05/27/seplat-shares-at-risk-over-swindling-allegation-involving-npdc-worth-over-n600-billion/

fear naija companies;

DAAR Investment Limited, parent company of DAAR Communications Plc, provided N4,200,000,000
(Four billion, two hundred million naira) subordinated loan facility to DAAR Communications Plc during
year 2008 at an interest rate of 5% per annum. The tenor of the loan was 5 years. The interest was not required
to be paid until year 2011.
The original maturity date of the loan was 31 December 2013, but on 30 September 2013, the maturity date
of the loan with a principal balance of N3,220.715,000 (Three Billion, Two Hundred and Twenty Million,
Seven Hundred and Fifteen Thousand Naira) was extended to December 31, 2015 based on the original terms
and conditions.
The balance of N1,335,849,000 (One Billion, Three Hundred and Thirty Five million, Eight Hundred and
Forty Nine Thousand Naira) represents the unpaid portion of the loan as at December 31, 2017.

Clean Honda pilot 2006 Ex for sale.
Mileage: 90,000km
A.c working perfect
Gear and Engine in great conditions.
Price; 1million

WhatsApp: 08061156610

i offloaded 15million units at 0.26kobo. been waiting for it to fall to 0.20kobo with the bear season so we can reload, but e no gree.
There is someone mopping the shares since. Maybe hostile takeover going on.

Mfunkynation:
You are the one to give us Info now....
why e no gree reach 0.20k again?

hmm STI has traded over 280million units today, whats brewing??

There is nothing to ask about their share price, as this is determined by market forces. But I agree when they listed initially at N9, it was overpriced as their dividend was like 15kobo or so. Then shortly after listing, crude oil price crashed, causing the company to lose operational hours, as the oil companies cut down their operations significantly. Although caverton payment are in long term contracts, they also charge the companies per trip/hours.

Now with oil price crash, Nigeria slipped into recession,
The Naira was also devalued. For a company whose major costs (pilot fees, maintenance) are in dollars, they lost over 1.5billion naira to FX that year alone.

Let's remember the share price fell to 90k, but the company kept investing, reduced operating expense ( even cut me off website maintenance fee ). They will soon launch the MRO, which they already have waiting customers and the world class pilot training centre. This will generate large income and reduced dependence on the oil and gas servicing contracts.

With the current EPS which is sure to grow higher. Caverton is the cheapest value stock in the market. So instead of complaining about the IPO price (which has passed), better start buying the stock now, because very soon, u no go see am again to buy.

Make una no forget, the chairman owns over 85% of the shareholding. So shares available to buy is limited.

Peace Out.

Mcy56:
@jideflash, phemmie06 and princkez, na you be Nsempa rep, oya come and carry your kwesion.
Did you ask the kwesion? What was their explanation?

I still dey wait my own o. tomorrow na my wife buyday, so make i see credit alert, before plenty debit alerts tomorrow

veecovee:
Oh! Caverton dividend, just landed ... so soon.

This is unlike united securities.

Oh boy it was an interesting experience. Unfortunately i came 4th out of 5 nominees in the election of Audit committee members, with the top three selected.
Nothing really new were disclosed today at the AGM even though some strong questions were asked by some Shareholders.
About the Caverton / Osibanjo incident, the Chairman said they cant discuss on the matter as AIB is still investigating. I believe this accident report will be a determiner on Insurance claim or maintenance cost.

Then, there was abit of unruly behavior by hungry shareholders who were majority in attendance, over the sharing of Gift bags. There was so much shouting and pushing, at a time it was like a stampede sef. I totally agree with SEC on the ban of Gift sharing at AGMs. This gifts only attract shameless fellows who careless about the company (as they dont own tangible units of shares) and neither do they contribute meaningful questions and suggestions. They want the AGM end so fast (without grilling the management and board), so they can get the gifts and go to the next event.

Na so one of them come meet me, said; sorry i didnt win the vote, but i should buy him recharge card, and whenever i want to run again, he will help me organise people to vote for me at a fee. He also said he came from Ondo for the AGMs. So basically, it has turn to some Inec vote buying thing.

Infinitisi:
@jideflash how did it go?

We here

Olajide Owolabi

Princkez:
what's ur full name...because i will be there tomorrow

Tomorrow is the Caverton AGM and I have been nominated to be a member of the Audit Committee. Make una wey get shares there, come and support with your votes.

So sorry to hear this. I know what it means to have a loved one who has a chronic and progressive illness. My fiance has Pulmonary Hypertension. The illness has no cure, and can only to manage. Prognosis is 5years.

bisiki2:
GTI Securities Limited.

- Efficient online trading platform
- Efficient customer service
- Total trading fees is 3.75% ( 1.725% buy fees and 2.025% sell fees ) .

their fees are too high, how person go jijo with such deductions

https://www.youtube.com/watch?v=a7FiakMsRkE

Walk4PH is a walkathon aimed at raising awareness on pulmonary hypertension, a rare chronic disease that affects the lungs and heart. Pulmonary hypertension is a complex and often misunderstood disease. It is high blood pressure in the lungs and it is different from the normal hypertension.

This disease has no known cure, it can only be treated to manage symptoms and reduce progression. This disease exist in Nigeria, but the rarity and obscurity of it in Nigeria, significantly reduces the survival chances of patients due to delay of accurate diagnosis and lack of proper treatment.

Only proper awareness can bring this unknown and rare illness to light in Nigeria and hereby giving patients and health practitioner access to the right information, diagnosis and treatment for this life threatening disease.

Walk4ph is not centered only on the walk, but it is also meant to bring people together to bond and have fun partaking in other interesting activities in the venue. There will also be health tests such as blood pressure checks and heart and lungs healthy lifestyle tips for participants.

Registration: https://www.eventbrite.com/e/walk4ph-tickets-59521031006

www.cardiaccommunity.com/walk4ph

WAITING ON CAVERTON MARKDOWN IN 2WEEKS. #mindful

Village people at work

Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month