₦airaland Forum

Mcy56:
I dey treck go chibuking81's house make I beg am to sign my application form to move to ghost section until bonanza period. Seems I get plenty enemies here.
Of course I dont give a damn.

If u enter ghost mode, hu I go come copy ansa frm. I never sabi read ghost hand writing.
Better ignore that person with all him monikers.

GonFreecss1:
Oh! My bad. Crude oil? Stocks? *cries*, all the same nowadays. Too much correlation... *cries again*

Not too much correlation oh. When crude oil was going up some months ago, NSE was going the opposite direction.
I just sight loco now now.

fidtopade:
Please expert in the house, who has idea of what is really happen to wapco?

That wapco that keeps looking like constain to me. Constain went from N85 to 3 and then disappeared for ever.
But wetin concern me sef, lets wait for the experts in the house.

Mcy56:
So you don commot Oando bus when me dey think say make I come join you there.
I no get permanent bus for now, if you see me for ABC today e fit be danfo tomorrow but by God's grace I get two stocks I wan enter the bus for a long ride after election.
I noticed resistance in further decrease of Oando share price for quite some days now, thinking of trying it for Santa ride. What do you say?

I dey oando but not as before. I sell some use enter fcmb.

If that is true then we are looking at 10billion new shares by rights issue, plus 6billion shares by acquisition. Hmm Access bank is set to be the biggest bank by everything.
Na diamond pple get this thing well. Na dem go enjoy the main goodies.

DeRuggedProf:
Una no dey ever grant tithe holiday after dis kind of bumpy ride?

Na time of bumpy ride tithe dey sweet important pass. You need to pay more to supplement falling collections sow seeds for better days.

Mcy56:
Mobil 170 today. Is it not last week I saw it at 151? Anyone that had the gut to buy then will be in profit now.
I hope Oando too will take off for the sake of my classmate.

lol. Pray for fidelity, transcorp and fcmb. Na where I dey now.
But come oh, which bus u dey sef. I don dey suspect say you still day diamond. No forget to pay ur tithe when you drop oh.

Mcy56:
Mpeace please come to my rescue, my comments on DBN has landed me in serious exam kwesions even though I don't have a single unit of it.

Prof those points are valid and are of major concern.... .. but you know very well that lots of things are going on behind doors that are not visible to ordinary eyes.The bolded is what some people should know. May God help us!

Lol. Wait, ayam coming.

With the recent development, Diamond bank should hit N3 and above before year end.
Vetiva no lie oh.

tritritri:
Sources suggest there might be push back on the Diamond Bank side of the deal as its majority shareholder Carlyle Investment may have felt shortchanged. Carlyle had offered to bail out the bank but this request was rejected by the Dozie family after they requested for the resignation of Uzoma Dozie the CEO of Diamond Bank.

While a potential Access Bank acquisition/merger with Diamond Bank could still lead to the resignation of Uzoma Dozie, we understand the Dozies will keep a significant portion of their shareholding of the bank giving them a seat on the board of the bank.


So Carlyle Investment offered to bail diemond out of debt. But all dey want dozie shd just resign . He rejected .He rather see the bank taken over and get a sit as director in access , instead of resigning and saving the bank/shareholder ...

Typical 9ja man thinking.. greed / criminals , If it's the US ..he would av resign long time ago..reason why hedgefunds/VC/ hardly look into nigeria investment .

So you mean Uzoma would be a member of Access bank's board. What a valuable addition. He would bring his wealth of experience to bear in the affairs of Access bank.
Who says access cannot repeat diamond's recent great achievements in the near future? That person no kw maths.

OBAGADAFFI:
Thanks so much for your advice.

IMO NSEMPA should start listing stocks with Bad FA here to protect members.

Do you also noticed how NSE/SEC were quite about these bank until CBN hammer falls on them.

NSE/SEC don't really care about investors.

What do you expect SEC and NSE to do? CBN is the direct regulator of the banking sector. SEC/NSE are capital market regulators and deal more with capital market rules. Its not against capital market rules for a company to make loss. As long as the bank continue to meet listing and other capital market rules, SEC and NSE will not intervene. The direct responsibility for banks is with the CBN. It is CBN that fix CAR and other ratios and also sanctions banks that fail to meet those ratios.
Diamond's current issues relate to there ability to continue to meet those ratios in the nearest future.

Chibuking81:
Always listening to the words of the prophet

Prophet chibu, I thought you once prophesied that you would not return till the second coming of the bonanza period. Pls return to your ghost mode or better still join pastor ihedi in nairabet section. Its now allowed for pastors to gamble.

Just joking oh. U are always welcome.

tritritri:
If this rumor is true...my sympathy to whoever is involve. It a pity that many people here bought into diemondbnk even after the said rumor.
if u were involve in skyebank and then diemond again my condolence to you. go and berg ur villiage people.
Pls let take advice on this forum serious.

My classmate is not involved. She left early enough.

DeRuggedProf:
I won't allow Uzoma to negotiate for the sale of even my dead dog...

lol. If you followed that long text by the former BOD Chairman of diamond bank, you will see where he wrote on Uzoma wanting/scheming to do the negotiation with access bank.

DeRuggedProf:
If na Access acquire ANY BANK (LOL... ) the conversion ratio go get 'raised to power' ..
1 unit of Access for like 3^10 units of DATBANK....
Access no dey give joy. Ask Intercontinental questions and you will know Wigwe does not smile during deals.

...and you also know Uzoma negotiated this deal on behalf of shareholders

Jonathan:
Wahala dé

Hope you no put head for sharp 10%.

mendes911:
No oooo. No insider info. Just harzard guessing.

Insider joor.
https://www.vanguardngr.com/2018/12/breaking-access-bank-acquires-diamond-bank/
Its out there already.

mendes911:
100 for 1 re-adjustment waiting....

Insider info.

Santa ain't coming to NSE this xmas.
They've killed the bull, for xmas.

Mcy56:
Deeps deeps, we dey.
Chai! Fresh fund don enter just like that! Is the fund in billions too?

Fresh billions, lol. If you know u know. The guy just resurrected from suicide. Plenty money dey that side.

Wetin unity bank dey sell sef wey them dey full bid this xmas season.

Transcorp transcorp, if u know say you no go do full bid today better stay one place and stop raising my hope anyhow.

Dwizeone:
Hmmm... Bros I hail o, you for leave pa ihedi o but wetin you go do for 9jabet thread

See catching. Just negodu.

Hmmm... Make another persin no miss for this place oh.

Our own pastor done join bad gang. Naira bet?

Jonathan:
You need to work on your choice of words.
Insult each other kwa?

The summary of his message is that this forum is not for politics. Take ur politics to the right section where those words will not be deemed as insult.

Mcy56:
So we plenty wey dey find real job in 333's voice.
Issorite then.

Make una go meet loco whether he go give una work for him hostel construction site.
I kw say una no go like work for peterichy dumptruck company.

Mcy56:
For me, it's Lasaco. If it can come down to around 21k-23k. It's more popular and I dont think liquidity is an issue here.

Btw, Mpeace insurance note don land o, if you like keep writing only oyel notes, if bullbearmrk exam reach, I go see who you go copy.

I no do insurance again. De lecturer stingy. He no dey dash marks.
Hope u don comot from uniondac. All those yeye companies wey go do good result this year, and then next thing na share construction and reconstruction.

dipoolowoo:
C&I Leasing Reduces Share Capital by 75% to 404.3m Shares
https://businesspost.ng/2018/12/10/ci-leasing-reduces-share-capital-to-404-3m-from-1-6-billion/

Lol. They have just 2days to sell. If u no sell by wednesday, technical suspension fall on you. Lol.

Where is loco and veeco

Mpeace:
https://www.google.com.ng/amp/s/www.vanguardngr.com/2018/07/senate-approves-n348bn-to-74-oil-marketers-for-outstanding-subsidy-claims/amp/
Some of the oil marketers and the amount approved for them include:Aiteo N4,988,199,360; Conoil N5,588,285,132; Forte Oil N15,480,445,907; Bovas N5,953,684,258; Capital Oil N8,339,052,402; Mobil N8,282,363,478; MRS Oil and Gas N20,948,270,002; Oando N14,972,585,600; Total N21,569,996,843, among others
https://www.nairaland.com/4893283/oil-marketers-get-n236bn-subsidy

This is part of the reasons we have huge npls from the oil sector.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2018/07/senate-approves-n348bn-to-74-oil-marketers-for-outstanding-subsidy-claims/amp/
Some of the oil marketers and the amount approved for them include:Aiteo N4,988,199,360; Conoil N5,588,285,132; Forte Oil N15,480,445,907; Bovas N5,953,684,258; Capital Oil N8,339,052,402; Mobil N8,282,363,478; MRS Oil and Gas N20,948,270,002; Oando N14,972,585,600; Total N21,569,996,843, among others
https://www.nairaland.com/4893283/oil-marketers-get-n236bn-subsidy