₦airaland Forum

GoldenDr:
My gosh.......

Teachers are now super eagles coaches, if your team fails you will be fired

Engrcharlesid:
sacked ??


..
what if d students failed to study their books ....

School owners who are not teachers or educationists will NOT accept that, my friend who spent 8 years was also relieved of her appointment.

The visiting Prof of this thread ie Ravenskar, hope I got the name right spent about 6 months before he was asked to go.

artisticallyart:
Manie.....which family? add us join the family because I heard you making profit in the family.

Family of the named school. A number of teachers were sacked in the school due to the students' performance in the just conduct SSCE.

heeeman30:
This must be Laureates College.

Heeman take it easy, you know you are member of the family or have you ported.

ajasa4link:
Bro sincerely u gaffed by turning down that topic. U should've given the topic a try,especially when the topic is not too hard compared to other government topics. I mean even if u are not prepared, u could've given them a definition of constitution which u can easily form in ur head on the spot, tell them about the 1999 constitution, talk about d provisions of the Constitution concerning number of senators, number of reps in d house, state house of assembly, exclusive list, etc... Just these things would've been enough, am sure they too will not expect u to tell them every damn thing about d topic. I just hope u will be called for the job.

I doubt if he would be called back, no one will want to employ a troublesome or an argumentative employee.

SpongeBobSP:
Been reading about dis reinvestment thing...pls do you always reinvest Ūя̲̅ dividends or do U̶̲̥̅̊ pick n choose D̶̲̥̅̊ times when U̶̲̥̅̊ reinvest or is it only in times like dese wen we hav a downward trend in stock prices....pls reply.

#greenhorn

It depends, I can use the dividends to buy more shares of the company that declared the dividend, I can also use the dividend other stocks that appear attractive, dividends can also be reinvested into other asset classes. It depends on the investor's age, preference, streams of income and source of the invested fund.

FranklinRich:
Access at N2 will have a forward P/E of about 1 time earnings after factoring in their rights issue that will listed later in the year. I honestly don't see how this would happen even though Mr Market has the final say. I am no prophet but most of the bank stock prices are close to their bottom. I dnt really see a more than 20% downside from their current prices.

Traders are not looking at that, they are only concerned with the stock prices. It may get to a stage when some stocks may even sell below their earnings.

Aks:
@Yem0350 - The prices quoted are not realisable especially on GTB, Skye and Oando

Nothing is impossible especially when you consider the fear and greed of some investors and traders.

Yem0350:
Help me thank God. I finally empty all my portfolio @ 2.5% loss. I will re-enter wen d market show sign of a bull.

My entry target are as follows if God will allow me
FBNH @ #4.5
Zenith @ #11
Access @ #3.5
Oando @ #8.5
Ubcap @ #0.9
GTB @ #13
Skye @ #1
My ogas in d aose, wat r ur views on dis entry prices

With God nothing is impossible. Once the stocks are paying good dividends that will be reinvested in order to increase my holdings.

Born2berich:
He probably bought those stocks before 2007/2008 stock market crash...A lot of us are guilty of this due to our ignorance then.

How come , I was not guilty of this?

ogbs2020love:
I currently have no car.
I have almost all the stock s on the NSE worth about 5m.
A wife and a child.
I'm 30years
I have a life extra savings policy with axa Mansrud. worth 500k
2 commercial plots of land worth 2.6m .
my problem is that I am addicted the NSE.
pls should I buy the car now,or invest 450k. then wait and buy the car by next year,?
pls assist here

I will advice you to prune down your shares first to 50, then to 40 and finally to about 30.

ogbs2020love:
I currently have no car.
I have almost all the stock s on the NSE worth about 5m.
A wife and a child.
I'm 30years
I have a life extra savings policy with axa Mansrud. worth 500k
2 commercial plots of land worth 2.6m .
my problem is that I am addicted the NSE.
pls should I buy the car now,or invest 450k. then wait and buy the car by next year,?
pls assist here

My guy you have done well for yourself, use 450k to buy a car. Or you can invest your 450k in TB for about 3 months pending the time your dividends will start coming so that you can get a better car.

Since you are not using borrowed money to buy shares and I am sure these are shares you want to hold for another 20 years please do not be tempted to sell your shares. I still bought more shares today.

I see another Asalu in you, my late mentor who got over N8 million dividend from just one company ie CAPL, he always prayed for stock prices to fall and was very active in the market doing bear period.

ogadeolu:
My ogas and madams, i hail all of una, i even dobale here oh. I have learn a lot and still learning from you all.
pls i have a request and need your honest advice.
It happens that in those days when i was newly introduced to stocks, my friend then always advice me to buy insurance shares and as a newbies, i swallow every advice he give, i have lots of them. I have sold some and i still have lot of them, most of them are in parking garage right now and i want to seek your advice.

Should i sell them or should i still hold on to them. i will make a list of them here for you to be able to help in making an informed decision.

Goldlink Insurance
Guinea Insurance
investment and allied insurance
Lasaco
universal insurance coy
unity Bank
Afrioil
japauoil.

please which one should i sell, hold or wait a bit to appreciate in this bear season 2.

I have since learnt more and been making wiser decision since then.

Thank you for your advice in advance.

God bless yeah.

Wetin be this, ol boy you no do well with thing kain stocks in your portfolio.

Aks:
Like Lancee said, Most stocks on NSE are low already and some are even trading below 52wks low already.

I don't think Nigerian stocks will feel the impact like the advanced market

Why cant they feel the impact?

Elai147:
Some people will buy FBNH @N2.50

Amen, I receive that IJN.

PETERiCHY:
Weather you buy a car or not that's your own necessity.

My only advice for you bcuz of your wife and child is to pull 80% of that 5m from NSE and look for a real business.

then keep the remaining 20% for this the more you look the less you see business.

Everybody cannot be in business, ask him how he was able to build a portfolio of N5 million and he should continue doing just that.

Born2berich:
I will advise that you buy a car worth N600k and then use the remaining balance for yourself and your family. Right now the market is getting really dangerous globally. I believe another meltdown is on it's way. If you have never experienced one, just try your best never to experience such. Simply monitor your remaining investment in the NSE. I wish you the best.

He should be able to between 500k and 600k as dividends which he can use to buy his car.

ihedioramma:
Try and make it 3 times in a week .

I communicate with my God daily, the internet hs also made things easier.

bigass:
I refused to be scammed. Most people believe God is far away from them,but very close to the men of god so they worship those men of god thinking they are worshipping God. All na eye service to God but God can not be mocked.God is as close to me as He's close anybody be it Adeboye or Pope

Most Pastors especially in the new generation churches are one man business ventures, all the same if you do not go to church please ensure your children do. Most of my values and morality to an extent were what I learnt from Sunday School back in the days.

bigass:
Whether long term short or medium term
Ths are my stock picks
FBNH
UBA
OANDO
ACCESS
TRANSCORP
SKYEBANK
UNITYBNK
GUINNESS
ZENITH
NB

FBNH
UBA
ACCESS
SKYE
ZENITH.

These are the 5 banking stocks in my portfolio of about 25 stocks. I hope to include NB if I get it at a cheaper price.


Be very careful of stocks where Tony is involved, CBN is there to protect UBA shareholders but am not sure if same can be said about Transcorp.

bigass:
Whether long term short or medium term
Ths are my stock picks
FBNH
UBA
OANDO
ACCESS
TRANSCORP
SKYEBANK
UNITYBNK
GUINNESS
ZENITH
NB

5 of the stocks in my portfolio are on your list.

angrybull:
Oga manie,

What do u have to say abt NPFMFB ? It is illiquid stock but the fundamental is very tempting. I want to swim with the sharks and whales.

What do you say?

I don't have the stock, will try to get information about the stock.

bigass:
I guess you need to form a church. In church they always say positive things, claiming good things, pastors always lying to them about how good everything will be. Mybull08

Note I dont go to church. I believe all pastors are scammers

Please go to Church, I try to go to Church at least 6 times in a year. My family goes every Sunday, we are who we are through his grace and favour. I don't attend pentecostal churches, but one of the orthodox churches.

masties2:
As a neutral party sir, I would say those allegations were weighty considering this is a public forum. But, do you know that the teacher(s) might have served under the thieving principal. You stated that you took over last year, so, obviously he was not referring to you.

It is so sad that people we trust often end up disappointing us. That thief should be found and arrested. My humble piece.

I wanted to arrest him, but my father begged me not to try. Thank God we have suceeded in liquidating the inheirted debts.

................................................................................................................................................................



Leaders and employers of labour need to be careful of people who are ambitious, speak ill about their colleagues and love doing eye service. The guy made sure that people who brought him in made mistakes and were asked to resign, set his colleagues up, made sure that his rivals were frustrated out of the organisation till he achieved his mission.

I dont want to believe in African magic, but in order to carry out his plans he made sure the owners never stepped into the place for 4 good years.

talk2yommex2000:
Thanks so much for your time to explain in details what had occur in the past. I am passing this info of yours to my friend to seek for the details of his said friend. Thank God I didn't act as if the info comes directly from me in the first instance, and d source was the major reason why I opened the comment with my personal statements (first paragraph) before stating the info gathered. Just as you've requested, I will try as much as possible to get the details of the man, even if it's just gonna be his name.

But please, I have a question. Who exactly is "a deacon in Apostolic Faith Church"? I only copied and pasted those info here the other time as posted to me.

Thanks once again.

My father started Primary school business about 30 years ago while he was still working at UNILAG, he retired in 1989 when he was less than 50 years because the business was growing faster than he envisaged. He was a sunday school teacher in the church, became an interpreter, an Assistant Pastor and finally a Pastor.

As a Pastor he used the resources from his business and time to build edifices for the Lord, retired as a Pastor in 2012 due to age. Maybe at the right time, the Lord will corner me for his use.

artisticallyart:
Manie is pissed off.

Not pissed off, but will really appreciate it if the person who posted the hearsay can just tell me the original source of his information.

Elai147:
In the banking sector, the best long term stocks are GTB and Zenith. Access is also a good one in terms of dividend payment. GTB is stronger but more expensive. There is no need to own both GTB and Zenith as both are very much alike in performance strength and dividend payment. You can go for Zenith and Access as an undergraduate. If you have money you may risk FBNH but try not to get too exposed to banking stocks.

Given the option to choose between GTB and Zenith, I will choose Zenith.

Yem0350:
EVANSMED is on full bid as @ 11.06am

Unfortunately I don't do illiquid stocks.

talk2yommex2000:
Which part precisely? Pls read the first part of my post carefully. One thing is to be noted here, even if the source of the info is not 100% right, something must have warrant a school to change its teacher almost every term. (I am aware of ds fact myself because I av a neighbour whose child attends the school). All in all, I think the first paragraph of my original comment should have taken care of any contrary opinion, and I think it was well stated there that my source even pointed it out that, there is possibility that the said owner would have change for better. Thanks.

It is always good to get your facts right, name two teachers who left within one term in the last 2 sessions. And may I know the names of your purported neighbours because I have their phone numbers and they all make direct calls to me whenever they have complaints, I also endeavour to visit the School at least twice in a week.

Your last sentence said there is possibility that the said owner would have changed for better, how is that possible? I think this is a smart way of telling people that if these serious allegations are not true, you have already notified them that maybe Holy spirit MUST have miraculously touched the heart of the owner. I do not know if it is that easy for people to change their attitude? Just asking......

talk2yommex2000:
Pls, dnt be discourage abt anything. Give it a try and see wat is obtainable. I am saying ds because I dnt want you to ignore the invite based on the info I am abt to giv u because it is not a firsthand info. I got ds frm a frnd of mine, who claimed dat he also once had a friend who was once a teacher in dat school. This was wat he posted to me now. The statement below is dat of my friend.


Fountain College is one of the craziest schools we have in my area (Ikorodu). The man who owns the school claimed to be born again christian, a deacon in Apostolic Faith Church but his characters and attitude preach against what he professed to be. He is so wicked and very cruel, he doesn't appreciate anything irrespective of how much you labour for him. He employs teacher every term (if not every month) due to his frustration attitudes that normally discourage his staff. As for the pay package, I dnt knw but in terms of welfare, it's a NO frm me.

MODIFIED
Though he added that, nothing is impossible, as the man might have change for the better.

HE JUST ADDED THIS TOO
To get to the said school (Fountain College), board ikorodu bus, alight at Idi-Iroko Bus stop, at the front of C&S primary school (government owned primary school). Cross to the other side and locate Agbaro Street or ask anybody the name of the street. Walk on the street for about five minutes and ask anybody around that you are going to Fountain College. The school is actually located at the end of the street.

Please get you facts right or better still post or send the name of your friend's friend who told another friend who happens to be you about what he knows about the College.

I started the College in 1998 first as a tutorial centre using my father's property in Ikorodu. I left in 1999 to work outside and gather more experience, another reason why I left to pick up a regular job was the cost of running a business and the unpredictable cashflow in business.

The school is located on 3 plots of land. Although I started the school my father a retiree from UNILAG who is now in his 70s is the Proprietor, he assisted me with payment of salaries. My father who is the Proprietor used to come around to visit the school in Ikorodu once in a week, he was never involved in the running of the place.

Between 1999 and 2014, yours truly worked in management position in various schools in Lagos. Although while working in other places, I was keeping tab of happenings and progress made in the school. I played a major role when the school was approved in 2004 because most of the inspectors from Ministry of Education Alausa were my classmates and juniors in the University.


The problem with the school started about 5 years ago although we have overcome the problem. Mind you the Principal is solely responsible for the running of this school. A guy became the Principal about 5 years ago, through series of palace coup, back stabbing of the guys who even brough him to join the college.

Not long after becoming the Principal, the Proprietor stopped his weekly visit to the school. As a matter of fact before I became the Chairman of the College about a year ago, the Propreitor nor his children ever visited the school for 4 years.

The Principal only visited the Proprietor to collect cheques for the running of the school, the guy rented out the property to some other business concern without informing the owners nor the money collected remitted to the owners. He sacked the Bursar and put his own crony as the Bursar. He collected money from the owners for the awards of contracts which he never delivered to the contractors, he has a personal account where some of the school fees were paid into. The guy was buoyant enough that he built a 3 bedroom bungalow for his mum and also bought a car for his girl-friend, eventhough he has his wife and family at Ilesha Osun State.

I partially came back on board as the Vice Chairman of the School in 2013 October, when my auditors stated auditing the books of the school they discovered fraud and unremitted school fees and WAEC fees running into millions of Naira. The guy also embezzled the staff co-operative money of about 900k.

The guy was not sacked but he ran out of Lagos, but ever since his friends and sympatisers who ate out his loot have been spreading falsehood about the school.

I fully joined in September 2014 as the Chairman of the school, because Baba (Proprietor) is now aged and he is just recovering from the shock of what the last guy who he really trusted did to him and his business.

I am the new Proprietor in quote, I just finished liquidating all the debts inherited from that guy.


As earlier said, please do me a big favour by sending the name of your source to me.


Thank you and God bless our hussles.

stupep:
Please kindly help your son/brother, I studied biochemistry. More blessing

Stupep49@yahoo.com

Are you based in Lagos? if yes send your CV to manewumi@yahoo.com

nellyalph:
I believe this thread can help us the job seekers.....
I'm presently in Lagos and a graduate of Education biology. Just completed my Nysc..
I can relocate if need be
#itestify

text your contact to me on 08029528893, I have a job opening in Lagos.

or send a mail to manewumi@yahoo.com