₦airaland Forum

ogbs2020love:
PMB contested several times before he eventually become president of Nigeria

Lol. I am more concerned about the utilization of the capital raised than I am about the outcome of the election. What went wrong? That Q2'15 result is woeful in every ramification for a bank that raised capital after Q2'14.

Meanwhile, picked up my NPFMCRFBK dividend today.

#Consolation

passwelle:
Diamond Bank H1 2015
http://www.nse.com.ng/Financial_NewsDocs/10325_DIAMOND_BANK_HALF-YEAR_JUNE_2015_FINANCIAL_STATEMENTS_JULY_2015.pdf

So Diamond bank rights issue was successfully completed with a 100% subscription rate and the bank still could not improve on its profitability yoy. Chai!!! Diamond shareholders, I hail una o. Una just sponsor governorship election come lose again. (Na joke o)

NB: Bank was lucky to raise capital before the market downturn. Offer price was N5.80k

Youngzedd:
I have three banks in mind.

FBNH, ZENITH AND FCMB

No bro, Zenith is not included.

Youngzedd:
http://nairametrics.com/find-out-why-pmb-has-three-banks-under-his-microscopic-watch/


Shuu, Nigerian banks.

Why didn't they list the banks naa.

FCMB, FBN and UBA

Born2berich:
Vono has been absorbed by vitafoam. They no longer exist.

Sadly the major stakeholders didn't deem it fit to carry us along. There was no press release stating timelines for the merger/acquisition. The market should be kept abreast of developments in the acquisition process. NSE, SEC, Vitafoam, Vono et al no try at all. So we go market one day come see say Vono no dey market again? Not done.

NB: I don't own any stake in both companies. Just disappointed in the process.

Processor01:
If nothing goes wrong, investors will get another good dividend when the time comes. This is one of the best Penny stock in the market - Not a buy recommendation oooo

True! A good penny stock. The profit margin was flat y-o-y though. Nevertheless, it's a good result from NPFMCRFBK.

Agbalowomeri:
Don't be fooled Oxygen is headed below 10

Interested in just 2 stocks at this period:

Oando at N11.5x (Hopefully, Oando isn't slipping away yet)
Skye at N2.00 (better still, N1.99)

Once target is achieved,regardless of either dipping below purchase cost, then I'm good.

pythondjango:
Who care whose horse is gored! i move on....

No vex. I think I will go with the piece of advice offered above. "lols"

Moneysage:
I doubt I will be wrong if I call you a learned fellow with a broad mind. Hence, I can't dictate for you (who are mine sef?), but I believe you can choose not to read some posts (cf: Agbalowomeri's last post above). By so doing, you will enjoy the maximum fun this thread offers.

Guess what? I didn't even see some of those obscene words until you quoted the post.

#In the multitude of words, sin is inevitable
#Verbose posts on social media, huge turn off!

Hmm! I was just dumbfounded after the early morning ordeal of reading the post.

pythondjango:
@pythondjango,its clear that as a patriotic citizen you wouldn't want ur currency lose value by rounds of devaluations exercise but the truth must be litted for all to see,and which is,when you as a country is structurally weak,fundamentally unsustainable, and has less to offer d intl market in terms of what to import to d rest of world aside oil and gas,infact which is refined outside d country. so ur economy cum currency value will suffer seriously and there is no need for "ego-playing" amidst our monetary and economic policy makers.I made bold to say that nigerian CBN governor is so demented for being so pretensive and ego playing in when there is a need for right thing to be done.Emefoolish is known to be ideally dumb and creative thinking dunce, while thinking that his doing connotes "good job done by his relunctance to swerve to right step taking" no apology for saying.I think this emefoolish should be relieved of his job because he would remain d nuisance and dumb egg oozes poisson to this nation's economic value in this buhari administration.

SMH!

queenelizabeth:
Good morning everyone. Please, I need a stockbroker. Send me a contact here or to my email address: chidinmalinda80@yahoo.com

Try Meristem stockbrokers, 124 Norman William, South West Ikoyi, Lagos.
Tel : +234-1- 2717350
meritrade@meristemng.com

google meritrade .......

Manonamission:
Transcorp just breached it's 52wks low. Not a buy recommendation just saying. Oando's turn tomorrow.

Oando faithfuls might need to be strong in this period. The massive sell-off witnessed today might (will) continue tomorrow. The company reported a very very rare accident today. Previously, Oando prides itself on its 100% incident (accident) free operations. The news below is culled from bloomberg news.

RIP to the dead and may the good Lord comfort the families of those involved.

"
Oando Energy Resources Reports Explosion at Tebidaba-Clough Creek Line in
Bayelsa State, Nigeria

PR Newswire

CALGARY, Alberta, July 14, 2015

CALGARY, Alberta, July 14, 2015 /PRNewswire/ --

Oando Energy Resources Inc. (" Oando Energy Resources ", " OER " or the "
Company " (TSX: OER) today reports that it has received from the Operator, a
report of an explosion which occurred on July 9 2015 during the inspection and
repair of a crude theft point on Tebidaba-Clough Creek Line, an oil pipeline
in Nigeria's onshore Niger Delta. The pipeline is owned and operated by the
Nigerian Agip Oil Company Limited Joint Venture ("NAOC JV". OER owns 20% of
the NAOC JV.

The incident resulted in the unfortunate death of 13 members of the inspection
and repair team.

The fire occurred away from the repair point and pipeline, igniting some of
the spilled hydrocarbon.

Investigations into the immediate and remote causes of the fire are on-going
by the Operator.

The company expresses its deepest condolences to the families involved in this
tragic accident.

About Oando Energy Resources Inc.

OER currently has a broad suite of producing, development and exploration
assets in the Gulf of Guinea (predominantly in Nigeria). OER's sales
production was 52,889 boe/d for the month ended May 31, 2015.

Pade Durotoye, CEO, pdurotoye@oandoenergyresources.com , +1-403-561-1713;
Tokunboh Akindele, Head Investor Relations, takindele@oandoenergyresources.com
, +1-403-560-7450 "

Justcul:
I think it's 52 week low is 2.19.. today was 228 preparing my cutlass to attack..

Note: I have transcorp in my bag*** not a buy recommendation pls

Actually, the closing price is what is referenced. It had an intra-day of N2.19 on the said day though.

jideflash:
caverton steady rising this week.

Price manipulation going on there bro. Not even the Market maker type.

Justcul:
@ll, what is the connection between Morgan and Transcorp? its still top of their hit list

Transcorp just breached it's 52wks low. Not a buy recommendation just saying. Oando's turn tomorrow.

zendi:
....as it has affected Stanbic. And we should remember this is the reason you are getting Fideliy at 1.60, Skye at near 2 etc. But let's wait and see the extent of the havoc on a few other banks.

I won't be surprised if it is not across board. Stanbic is private sector deposit dependent. The result might be a fallout of the CRR harmonization. Interest expense increased significantly probably due to fund pressure. However, H1 was tough for businesses/companies generally, so margins are expected to be trimmed for most banks. I no sabi book o.

myjoy08:
http://www.nse.com.ng/Financial_NewsDocs/10208_STANBIC_IBTC_-_INTERIM_DIVIDEND_CORPORATE_ACTIONS_JULY_2015.pdf


NAME OF COMPANY: STANBIC IBTC HOLDINGS PLC
DATE: 09 JULY 2015
PERIOD: 30 JUNE 2015

CORPORATE ACTION
Proposed Bonus Nil
Proposed Dividend (2015 Interim) 90 (Ninety Kobo)
Closure Date 31 JULY 2015
Date of Payment 28 August 2015
EGM Date (Scrip Issue) 06 August 2015
EGM Venue Abuja

The result reflects the state of the Nigerian economy. It is well.

angelo82:
Meristem will soon take over from all the stockbroking firm...............

Give us the TA and FA for this assertion. I ain't feeling meritrade just yet. Is it about Meritrade or some newly introduced services?

angrybull:
you can jijo with multi multi millions as far as the volume can match your demand. I don't know of any legal restriction.

No legal restrictions actually but volume restrictions at entry and exit prices. What kind of volumes are recorded at intra-day lows and highs? JIJO as far as mm millions are concerned might involve taking positions over a range of prices and/or days and exiting in similar fashion. My point is there is a marked difference in the kind of JIJO one does with mm millions and the type we refer to here. Remember JIJO is all about price. Not much flexibility in that price too.

angrybull:
Why can't you jijo with multi - multi millions?

JIJO - like the type we read/"hear" about here, where you JI at a particular price in a singular trade and JO in a similar fashion. Not to talk of extremes where you JI and JO in a single trade on the same day.

Multi multi million "looks"/"sounds" like tens of millions.

That's the interpretation on my mind. I don't think that would be possible.

FrankTalk1:
You can't make anything significant in JIJO levels except you are trading with multi-multi millions.

You can't trade with "multi-multi" millions in JIJO levels

stokfrick:
Wetin Dis one dey talk sef!

"Dude" is forbidden to him.

cruzclinton1:
. Dear I don't know any stock broker,am residing at aba abia state. Thanks

Valueline Securities Investment Limited
Aba office: 143 Azikiwe road, Aba, Abia State (08030825092)

If your father died intestate (without a will), you might be on a long thing. You will need a lot of patience and perseverance.

pythondjango:
n this party and with the pmb.Give us economic direction!!!!!!

This man should act up now,pls be effective not being so weak and bleakingly bleeped up.This same weakness caused d party rumpus and disarray in d house all because of brainless mantra of his,let him be doing like slowpoke till all crumbled with him.sssshhhhh,nonsense!!

Manonamission:
Perhaps, you can't continue like this.

pythondjango:
I can't understand your scribble pls,pls make it explicit,thnks.

Bro keep it simple......It's obvious you are making good effort to improve your English vocabulary but to the detriment of the grammar (i.e rules that govern our words are stringed together).

Keeping it simple and paying attention to the construction of your sentences ensures readers don't find your post a difficult read. Some already associating your style of writing to the influence of a popular brand of alcoholic drink from the stable of one of the company whose shares you are targeting (your price quotes lend credence to this belief.....na joke o )

Don't get me wrong, I appreciate the fact that you are putting to use words learnt in your study but simple and well constructed sentences will do a better job of conveying your thoughts to your audience.

pythondjango:
n this party and with the pmb.Give us economic direction!!!!!!

This man should act up now,pls be effective not being so weak and bleakingly bleeped up.This same weakness caused d party rumpus and disarray in d house all because of brainless mantra of his,let him be doing like slowpoke till all crumbled with him.sssshhhhh,nonsense!!

Perhaps, you can't continue like this.

For those stuck with JAPAUL......

http://www.punchng.com/business/business-economy/bsmec-emerges-lead-investor-in-1-5bn-badagry-port-project/

soloniger:
Pls solve this for me urgently.
Let's assume you
saw a laptop of 97K. You
didn't have the cash,
so you borrowed 50K from ur
mom and 50K
from ur dad = 100K. You
bought the laptop
which left you with 3K change.
You gave ur dad
1K and ur mum 1K and kept
the other 1K to
yourself. Now you owe your
mum 49K and ur
dad 49K. Now 49K+49K = 98K
+ ur 1K kept =
99K.Where is the missing 1K? Pls Solve it and tell me the answer....

A friend would have me believe this is a mathematical glitch Now, I want you to understand that the bolded is mathematically incorrect. Even with my little understanding of accounting, you don't add your cash in hand to what you owe. Rather, you deduct what you owe from what you have. There is NO missing 1k.
So 1k - 98k = -97k is the appropriate equation in mathematics as well as accounting.
I'll advice you JIJO smartly this week to pay up your 97k debt ( just kidding)

ihedioramma:
i need what am asking . just tell me how i can get to online broker office and talk one on one with them?

Locate any major transport company in Uyo.
Board a bus going to Lagos.
Alight at Ojota motor park.
Board a bus from there to Obalende.
From Obalende, board a bus to Awolowo road, Ikoyi.
Alight at Keffi Junction (beside Total station).
Ask for directions to N0 3, Biaduo street (it's off Keffi street).
Talk one on one with them at online broker office.
Follow same route back to Uyo.

Born2berich:
Am surprised that nobody noticed that over N500m was pumped into flourmills yesterday..

Access bank looks tempting but I will stick to UBA and FCMB.

Rights issue things

Manonamission:
@ Chubuking81; Your CCNN has now gone of FULL bid o.

@ACCESS; I see you