₦airaland Forum

Diamond Q1

http://www.nse.com.ng/Financial_NewsDocs/22293_DIAMOND_BANK_PLC_FINANCIAL_STATEMENTS_MAY_2018.pdf

Drop from Q1 2017.

Wait oooo. Is this 14k annualised?

maishai:
is diamond bank about to fold, more than 50% of the money, they lent out was lost, just check out customers deposit, even that went down, men na to withdraw both my account and investment with this bank

This result might bring panic to the whole market. No amount of Q1 result will save face here. There is a problem. A serious one.

kolaish:
DBN Closed on offer

As at when I made that post, there was almost 3M units on bid for anybody holding the stock to offload and run. I hope some members here were able to do so.

mendes911:
Crowd never see this result ni? 2.8M units still available on bid.

Full offer with about 7m at the lowest of the day.

E be like say 70k is loading.

#RunsAway....

Crowd never see this result ni? 2.8M units still available on bid.

Diamond.

http://www.nse.com.ng/Financial_NewsDocs/22292_DIAMOND_BANK_PLC_FINANCIAL_STATEMENTS_MAY_2018.pdf

Goodbye Janet. 39k LOSS.

DaV8King:
Zenith heading for N29. CP 28.70

Grab your copy before Q2 makes it un affordable.

DD Advised. I am onboard the motor

Waka waka must come back home.

Japaul Oil. It's a pity minimum price haff been moved to 20k. Would have been cool to see this stock trade at 5k. Maybe then the affairs of the company might change hands.

#Jegede Na Bastard.

maishai:
What could this core investors be reaping from the bank, and when do you think this guys can pay dividend cos the day they decide to pay....hmmmm

Those loans. Those NPL's....

NoMoney:
10% Free float owned by over 460k shareholders. 2 core shareholders own 89.32% of the bank.

I saw that and that's another form of share manipulation aka share price maintenance.

In 2016, free float was about 14.11% and same 2 foreign shareholders maintaining 85.89%.

Fast forward to 2017, free float reduced to 10.68% and portfolio of same 2 foreign shareholders advanced to 89.32%. They are buying up the shares and keeping up stability.

All the best to them shaaaa.

mendes911:
Union Bank

http://www.nse.com.ng/Financial_NewsDocs/22280_UNION_BANK_NIG.PLC._FINANCIAL_STATEMENTS_MAY_2018.pdf

Total NPL of about 110Billion as at year end. See choppings.....

Should we take it that DBN is also on it's way.

Why should this stock be trading more than Fidelity by this margin? On what basis are they enjoying this premium?

Union Bank

http://www.nse.com.ng/Financial_NewsDocs/22280_UNION_BANK_NIG.PLC._FINANCIAL_STATEMENTS_MAY_2018.pdf

Total NPL of about 110Billion as at year end. See choppings.....

Should we take it that DBN is also on it's way.

Willie2015:
Lets just wait and see... Still waiting for it below 1.64

Got my first tranche at 1.64

Me sidon for N1.20 dey wait for una.

kolaish:
With due respect, that is not fair. So far his blog is about stock market, I don't see anything wrong in him coming to drop some hints here.

Did he drop a hint on the stock pick or details of his blog?

Manonamission:
Not sure posting links to a blog/website is considered advertisment on Nairaland. Is it?

If we all choose to post link to our blogs, do you think anyone will get any info on this forum?

Manonamission:
Why nah? What has he done wrong to warrant this?

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owoblow77:
I recommended this thread to 2 colleagues and my boss when they expressed interest in trading. I strongly dissuaded them from JIJO, which is what they were naturally & greedily interested in. I recommended ONLY 5 monikers on this thread as those who should be taken seriously. Convincing them not to buy into Japaul/Milost deal was a tough one. To convince my boss, I had to bring up charts of historical prices of 2 stocks, and compare them with the dates of Wanaj0's analysis, which he made in the past. He saw a correlation. Cause & effect. Also the fact that the Wanaj worked at PWC. Thanks to those who really know their onions on this thread.
Jegede na bastard .
Jubril A.T. you dey craze.

Wrong on bolded. You don't write people's name that way.

Jegede Na Bastard . First letter capital.

wanaj0:
If person go chop Lizard, at least chop the one with egg

Out of ALL the banks on the NSE, why will I look at Diamond? Is it the wonderful management, great performance or just for my gambling experience

Just for gambling experience. LOL.

I wanted to know if you have "heard" anything.

RabbiDoracle:
I will advise you wait for the result.

There are no leads for me to arrive at a conclusion on what the YE could be like. So na siddon look I dey.

Na result I dey wait for since ooo whilst looking for insider info.

Diamond seems to be the last stock to possibly chop from (though the probability keeps dropping by the hour . Not even up to 10% anymore IMO).

Even Tier half and Tier one-quarter banks haff all released results. That witch that's holding their result must be something else.

IchimokuPilot:
Lol...
My revenge trading is here...

Better wait by the side and keenly wait for the result. LOL.

@Wanaj0 et al. Oracle,

What's your take on Diamond Bank?

This one will go on full bid or full offer within seconds of release of result.

kolaish:
"Ears that do not listen to advice, accompany the head when it is chopped off". I have sold when I see that there are too many people against Japaul, that is the essence of being on this thread. Half bread is always better than none. I sold the 300,000 units that I bought at 35k when Japaul was trading at 55k.

I just used the same Japaul fund to fly a one way ticket on caverton airline yesterday at 242k.

So you sold to Sam Loco? He will come after you for his refund.

IchimokuPilot:
Before any JIJO move, it is not out of place to inspect the craft for evidence of a functional parachute on board....

There's been a case of 4 passengers and 8 parachute on board, only for the first passenger to leave the aircraft, carrying the whole parachute and leaving the rest of the passengers dumbfounded.

You don't only check for parachute, you need to inspect the mentality and personality of fellow boarders.

kolaish:
Thank you jare. We the japaulites will wait for Jegede to bring another Milost in a near distance future

LOL.

You said weeks back that you want to see the end of this Milost Matter. Can we say that you have seen the end? Is the publication today definitive enough for you?

No mind me oooo, am still your boy.

RabbiDoracle:
SEC should investigate if the directors and other large equity holders sold.

They have passed the can to others.

Also why did Jegede rush out to criticize people who faulted the deal initially?

The same SEC that's yet to come out with findings on Oando. Leave matter joorrr.

Moreover, the directors would have crossed shares to a 3rd party long before the Milost deal. It's the 3rd party that will perform the final sale for them during the bull run.

mendes911:
There's still a couple of bids available for the fast fingers.

Oops. It didn't last a second. Full offer.

There's still a couple of bids available for the fast fingers.

wanaj0:
Nothing strange here. Both them are Milost are jokers

So they are just seeing the RED flags

Congrats to those who made money. Better luck next time for those counting their loses. There are many of such 'dead' companies on NSE.

Chief, please stop criticizing this stock. This is the best deal ever to happen since sliced bread and you don't want it to see the light of the day.

Jejebaba:
He was not done dumping on the innocent investors then and the media wanted to burst his bubble, those on NSEMPA saying the Japaul bull needs to take rest after long bull

Shiiii Sir Jeje. Stop talking down on Japaul Oil.

RabbiDoracle:
Woundjuring

This one pass Woundjure oooo. I would say WoundJureFaint.

The stock should go on full bid today, shebi Jegede and co have removed the "reg flags" from the company.

#RunsAwayPrettyFast.........

Japaul Oil, Loss And Fraud Limited

http://www.nse.com.ng/Financial_NewsDocs/22242_JAPAUL_OIL-EQUITY_FINANCING_UPDATE_CORPORATE_ACTIONS_MAY_2018.pdf

They met and deliberated since March and then kept quiet. I guess some of their directors are done dumping the stock.

Choi. Chai.

OakPearl:
Keen watchers of the market know that Diamond is on a slow but steady rise upwards.

Barring any seriously negative impactful outcome of both their FY 2017 and Q1 2018 results, it shall soon be on its usual catch up race with FCMB.

#Buying&SellingPatience

Gbam your opinion (In Baba Aremso's voice).