₦airaland Forum

ATIKU should focus on SS,SE and NC.

SW won't vote ATIKU VP or Not.

onegentleguy:
On AIICO;
EGM has just ended, with the motion for a SPECIAL PLACEMENT TO A CORE INVESTOR at an offer PRICE of N1.20 successfully passed !!
...and the boared doing well enough to clear some shareholder worries WITH A SOLID...

#BELIEVE
#ANDKEEPBELIEVING

Wow.

FriendNG:
Arrest the bastard terrorist.

Really .

Poverty has risen in Nigeria, with almost 100 million people living on less than a $1 (£0.63) a day, despite economic growth,

And what is happening now.

Rising poverty and economic shrinking.

Chibuking81:
Which bull?, market today ended on negative note. Watch and see more bear coming. Don't get carried away with rise in crude oil price, it will have positive effect next year not this year.
Bear is still much available, hate my post or like it, my concern is for people to avoid had I know. January/February bonanza period will surely come.

Try look beyond the BEAR noises.

How an you file a suite to stop the senate from inviting you.

Did you also file a suite to stop the senate from confirming you?

fxuser:
Transcorp
- closed above the 10wk MA
- last 3 wks all pin bars
- even d weekly MACD is now above the signal line.
- shouting quietly



Have a blessed and fruitful month ahead pipu

Accumulation

They are trying to blackmail the VP to dance with them.

mrphysics:
There is nothing wrong with military showing/reveaaling their presence in an election we both know that the two parties involved are/will fight hard to maneuvre. If ballot box are snatched, you will question while INEC deployed 30k police to Ekiti but failed to deploy same to Osogbo and tag is PMB's attempt to rig election.

Go and try again another day.

Mr, is shooting part of revealing their presence.

How you think in this country.

fxuser:
fear is needed lolx

Waiting for another rounds Breakout.

kolaish:
Contrary. There is still over 2m units on offer

Sorry, my eyes were seeing something else

Mpeace:
Uniondac.

UNIONDAC volatility is fearful.

CORNERSTONE INSURANCE COMPANY PLC - 2,525,400 FULL BID

Any new/rumors here

rebekah2011:
Wema cannot be in the league of Skye, Japaul, Oando and other loss making companies now. Wema is profitable.

WEMA is still small compared to FCMB, FIDELITY.

wanaj0:
AND why do you think the biggest investors are not offloading? Why are those BIG investors not in Wema, Japaul, Skye and co?

They are not offloading, because Stanbic IBTC Holdings and all the subsidiaries are highly profitable, Stanbic Africa Holdings Limited(SAHL) have majority shareholding 50.75% in StanbicIBTC.

Wema, Japaul, Skye and co. are not in that league.

For those buying First Aluminum

https://nairametrics.com/first-aluminium-delisting/

mendes911:
"Talkless of Zenith...." Indirectly meaning that Zenith is by far cheaper than Stanbic.

Oh, i get it , so sorry.

But STANBIC is not cheap.

I will check Stanbic PE Ratio latter.

mendes911:
Is that the bone of contention sir?

CP is merely comparing Stanbic against Wema Bank based on their present price and financials.

He actually compared it to Zenith


STANBIC bank @ N44 is cheaper than this stock talkless of zenith , eti and so on

currentprice:
may be u sees wema for 58kobo as a cheap price, it actually expensive base on Q2. though anything can change in 2nd half of the year.

wema price 0.58 , eps 0.04 , pe 14.5 , roe 3% etc

STANBIC bank @ N44 is cheaper than this stock talkless of zenith , eti and so on

I don't agree with the bold.

The only reason stanbic is selling @44 is simply because the biggest investors are not offloading.

Vyolet:
OK sir,thanks.
How do I check the price of union? Then what does the price have to do with it?

Hope your questions have been answered.

Vyolet:
Hello all,good evening.

My mom bought some shares some 15years back with Union bank. Is it possible to get the shares back as in the dividends, I believe it should have yield much by now. If it is possible,how can one go about it?
Thanks

Your and your Mom have to visit the registras of Union bank. With documents and ID.

After verification, they'll process all your outstanding dividends based on the amount of stocks you have.


Concerning the yield kindly check the current price of Union.

pluto09:
Skye bank did not release any result to the public in the last two years. So what was the package that people were buying? Stock market all over the world is not for the uninitiated, if anyone wants to do well with stocks , one has to take responsibilities for his actions/inactions.

Companies quoted on the NSE are not ponzi .

I dont like this idea of blaming investors for the actions/inaction of the regulatory bodies

Mpeace:
The other day I asked if the accumulated fine for late submission of result by skye had not accumulated beyond any profit they might have made between 2016-date. Them say make I close mouth make the bull continue.
NSE only acts after other regulators have acted. Now they will nit be able to recover accumulated fines. Except if the go after individual shareholders.

NSE and SEC are not protecting investors, this is affecting investors confidence.

Infinitisi:
Sadly the NSE is not as proactive as it should be in regulating the stock market.

NSE that can't run a functional website.

Mcy56:
For jijo things na. No dey do as if you no know wetin dey happen.

I rush say make I go sell my tashere fidelity but I don pause as I see bids queue up there.

I know say na JIJO things.

But the NSE should have warned and suspended trading on Skye bank before CBN hammer.

Godlylifeoneart:
FYI, good corporate governance does not exist in Nigeria. What exist is selfish interest. How on earth could Lame NSE the political susceptible CBN and THE HANDICAP SEC woke up one day and announced the burial of sky bank with no prior announcement of its obituary?
A good investor with a good lawyer will make fortune from this useless regulatory agencies that only serve the interest of the oligarchy.
All the high volume of sky traded on NSE in the last one month was dumped by the Oligarchs n Nigeria aristocrats. Now the minority shareholders suffer the consequence. Some pension funds are lost 4ever,JIJO are trapped

You don't need to generalize .

Their are companies with good good corporate governance on the NSE.

SKYE bank issues is not new to anyone here.

Just like Japaul, Oando and co.