Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 9:08am On Jul 20, 2016 |
ogoo4real:
The same way tiger returned 100%, skye will equally return 100% too. You may be right, its all about risk appetite and the information we are all privy too |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:57am On Jul 20, 2016 |
feelamong:
http://www.herald.ng/skye-bank-surge-record-highs-report-possible-loan-repayment/?utm_source=nnd&utm_medium=twitter&utm_campaign=nnd
Skye Bank had been in dismal form recently ultimately leading to the Central Bank of Nigeria replacing most of its top management on July 4 with regulators. The CBN stated that it worried about liquidity and non-performing loans as the rationale to coming to their decision.
Integrated Energy Distribution and Marketing is the Electric company whom reports say could be helping Skye Bank out of the mess they’ve found themselves recently.
According to Thisday, Integrated Energy was able to negotiate a compensation fee of about $86m from the Nigerian Government after returning Yola Disco to them.
The return was due to inability to operate the asset due to the insurgency occurring in that part of the nation.
Bloomberg reports that Omotola Abimbola, a banking analyst at Afrinvest West Africa Ltd., said on the matter “Getting the refund and paying back the loan to Skye Bank means it can recover,
Read more at http://www.herald.ng/skye-bank-surge-record-highs-report-possible-loan-repayment/#hFrhQv5Dr4IzJzRP.99 $86m is less than 30billion naira, dont want to believe that alone was the factor that crippled Skye 1 Like 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:33am On Jul 20, 2016 |
As long as Skye's results are still pending it remains a no go area for me. One needs to be able to assess the risks involved before investing in it. People are deceived by the amount of bids and even forecasting prices above 1. NSE Magic will surprise them, bids dry up in seconds ... watching in 3D 3 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:23am On Jul 19, 2016 |
soloniger: gurus in the house, Naira appreciated from n300 to n371 from January to as last night in Dubai as a fore said pls is there any such yield in the nse? Depreciated, u mean? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 7:58am On Jul 19, 2016 |
2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 2:01pm On Jul 11, 2016 |
This market can fit to give somebody heart attack... not for the faint hearted .. newbies thread softly softly |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:15am On Jul 11, 2016 |
Intendy:
How many stocks can guarantee good return now? just few.when TB can now guarantee 15% return over a 365 days investment and risk free. one needs to dig deeper. happy week ahead In the current climate your 15% return in 365 days may be wiped out by inflation. Stocks would most likely adjust with inflation 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:33pm On Jul 07, 2016 |
marv1: A company ragistered with £10 Million in Uk, 5Million per share capital in dec 2015, In just 6months, not yet in the open market, it has penetrated over 70 nations of the world and still counting. Big time players (investors) in the industry saw the huge profitability and benefits and are making a kill ROI. It is not exergeration. No autoship, No renewal, No charges whatsover, No pressure, No stress. Make money 247 even while u sleep. Sends u alerts of bonus payment every 24hrs. U can start with $1, $10, $100, $1000 or more. Withdraw your CASH anytime, anyday, 247 with bonus even after 24hrs of registration. Call 08096615077 Even though some people say NSE is advanced gambling be rest assured people in this thread are sensible gamblers 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 5:51am On Jul 07, 2016 |
PETERiCHY: The Economic and Financial Crimes Commission says the trial of three former Managing Directors of defunct banks has received a major boost.
The three bank Managing Directors include Mr. Erastus Akingbola of the defunct Intercontinental Bank, who is accused of stealing N47.1bn; the MD of the defunct Bank PHB, Mr. Francis Atuche, who is accused of stealing N25.7bn; and the MD of the defunct Finbank Plc, Mr. Okey Nwosu, alleged to have stolen N18bn.
The commission said this on its official Facebook page while reacting to its victory against ex-Finbank boss, Nwosu, who failed to stop his trial at the Supreme Court last week.
The Central Bank of Nigeria, under the leadership of Mallam Lamido Sanusi (now Emir of Kano), had, in 2009, petitioned the EFCC, asking the anti-graft agency to investigate Nwosu, Akingbola, Atuche and a former MD of the defunct Oceanic Bank, Mrs. Cecilia Ibru, who has since been convicted.
Based on its findings, the EFCC charged them before the Federal High Court, Lagos, on money laundering charges.
It subsequently initiated another charge of stealing against them before a Lagos High Court, Ikeja, having obtained a fiat from the Lagos State Attorney General.
Nwosu, however, challenged the charge at the Lagos High Court on the grounds that it was an abuse of court process and would expose him to double jeopardy.
He also questioned the jurisdiction of the state High Court. The Lagos High Court dismissed his objection. Nwosu then took the matter to the Court of Appeal, Lagos Division and won on November 21, 2014.
Subsequently, both Akingbola and Atuche argued that since their cases were identical with that of Nwosu, the charges against them should be struck out on the same grounds.
The Court of Appeal, therefore, struck out the charges against them on the same grounds.
In the last attempt, the EFCC took Nwosu’s matter to the Supreme Court and was handed a victory last week.
http://saharareporters.com/2016/07/06/bank-fraud-efcc-re-arraign-rogue-ex-bank-md-akingbola-atuche-nwosu
All the defunct bank MDs are suppose to rot in jails ![angry](https://www.nairaland.com/faces/angry.png) If Akingbola and others should rot in jail I dont know what to say of Big Boss Ayeni who stole/collected/borrowed ![grin](https://www.nairaland.com/faces/grin.png) about 10 times more than the Akingbola crew members. Record breaking "borrowing" !. If these guys are not checkmated the next news would probably be in trillions. Greedy bastards! 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 1:54pm On Jun 28, 2016 |
Fidson, GSK on full offer |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 1:08pm On Jun 28, 2016 |
1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 9:12am On Jun 24, 2016 |
forbes30:
............belated....already resigned............ he would remain till October when the Tories would hold their party conference .. he needs to steady the ship in the interest of the country |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 9:08am On Jun 24, 2016 |
am hoping some of the monies from the exit positions in European markets triggered by Brexit would find its way to NSE |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 9:05am On Jun 24, 2016 |
House any thoughts on how Brexit would affect NSE |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 8:50pm On Jun 23, 2016 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:37am On Jun 23, 2016 |
ukay2: A beg ogas I due beg make una answer my questions above....
Wet in I do una....
Name position una due take![](/faces/huh.png)
Ogasssss make una answer my questions above pleasssseeeeeee Until one knows the force behind the bull in Transcorp it would be difficult to predict its destination point. You may read through previous posts for positions people are taking but remember you are in charge of your portfolio, final decision is yours. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:10am On Jun 23, 2016 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:09am On Jun 22, 2016 |
Manonamission: Serious money chasing Guaranty- a top pick for foreign investors. 10% of shares in Guaranty is held by Institutional investors, they must be doing something right... like @myjoy says 'follow the money' ![grin](https://www.nairaland.com/faces/grin.png) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 12:09pm On Jun 20, 2016 |
uzoboy86yahoo: Break it down for me to understand apply in stock market and what's the merit and demerit of this ![smiley](https://www.nairaland.com/faces/smiley.png) I believe either ways the direction for the market would be Northwards but the bull may not be as quick/fast as the market expected hence take position and be patient.. just my opinion |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:46am On Jun 20, 2016 |
it appears the Naira did not depreciate as much as analysts forecasted, with further clearing of the backlog by CBN it won't be surprising to see gradual appreciation of the Naira few weeks down the line... what would eventually drive the market may not be the currency depreciation (as I believe this as already being factored in with current prices) but influx of foreign investors. yields of 10% or more would be too good to be ignored by them plus the new monetary policy. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:23am On Jun 20, 2016 |
interesting times ahead |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:57pm On Jun 18, 2016 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 12:14pm On Jun 17, 2016 |
Justcul: with all these analysis, what's the way forward for my dear SKYE? heavy here.. All the analysis are pointing only to one direction, however the decision is urs ...remember no emotional bias |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:40am On Jun 17, 2016 |
fxuser: heard troubling news about Skye bank from mgt staff. (bank is seeking epp up & dan) -results not good at all. -need to raise capital -Other options are bailout or any form of rescue -dat over-priced takeover is chocking d bank
IMO: leave out of radar . .
do ur dd
Delayed result is almostalways a bad one |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 9:20am On Jun 17, 2016 |
House, in the order of preference in taking position how would you rank Zenith, GTb, UBA and FBNH |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 2:17pm On Jun 15, 2016 |
fxuser: Emefiele live on CNBC
Please is there any other online platform one can watch it ? chanels tv not showing it |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 2:06pm On Jun 15, 2016 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 1:37pm On Jun 15, 2016 |
ufotty2001: why is morgan capital... not picking someone calls... very difficult to get in touch with morgan via phone call... have sent mail! still no reply.. morgan capital seriously need to improve on their customer care! as the business keep on expanding.. ![embarassed](https://www.nairaland.com/faces/embarassed.png) use this 234-(1) 3429613 1 Like |
Properties / Re: Own A Plot of Land at Magodo Phase 1&2 Moved by nio68(m): 8:59pm On Jun 14, 2016 |
bigcil2:
There's another for 10m Pls send me details re: size, title |
Properties / Re: Distress Sale Of 900sqm Land At Mayfair Garden Estate Lekki 27m by nio68(m): 8:14pm On Jun 14, 2016 |
Still available? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:56pm On Jun 07, 2016 |
1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 11:51am On May 26, 2016 |
Rencap tried very hard to hold the elephant down with the persistent negative views but God pass them fxuser: I don't think have seen FBN on full bid with any offer this year !
Bid:45,042,746.00 Offer: O SP: N4.38 Time :11.42
The elephant has left the building
1 Like |