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OBAGADAFFI's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:09pm On May 17, 2017
bigtt76:
Thanks a lot. I appreciate
Welcome
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:37pm On May 17, 2017
bigtt76:
Do I still need a Letter of Administration (LA) in cases where a will was left behind indicating me as the beneficiary? Thanks for your response so far
Then you will need to take the documents to the registras.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:25pm On May 17, 2017
bigtt76:
Ok thanks. I inherited some shares from my parents and would like to claim the past dividends embarassed any idea how to go about this?
You need a letter of Administration.

Visit the various registrars with the LA and a start change of ownership for the shares.

After that, you can claim the dividend.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:34pm On May 17, 2017
bigtt76:
Must the shareholder's name match the Bank Account Name?
Yes
Properties › Re: Two Nigerians In Dublin Fight Their Landlord Who Wanted To Evict Them (Video) by OBAGADAFFI: 2:09pm On May 17, 2017
Oladimejyy:
Why cant you go and tell the president of that country to deport them
Duh,

Nigerians are been deported everyday.

You will be surprised they have been arrested and on their way to Nigeria.

Any Nigerian behaving unruly abroad should be deported ASAP.
Properties › Re: Two Nigerians In Dublin Fight Their Landlord Who Wanted To Evict Them (Video) by OBAGADAFFI: 1:40pm On May 17, 2017
Those whites are just resisting the urge to beat-up those boys.
They should be deported immediately.
Those boys are shameless cowards.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:35pm On May 17, 2017
veecovee:
but I've already posted them, what do you advice me this time?
You might have to process them again throng your bank if the the registrar's, not received them.

Probably they were not delivered by NIPOST grin
Politics › Re: Commissioning The Jubilee Bridge, Ajah by OBAGADAFFI: 11:30am On May 17, 2017
StephDamielola:
embarassed


Just to commission a road built with substandard products, you obstructed vehicular movement with your Canopies.... undecided undecided undecided undecided undecided


Iranu!! undecided undecided undecided undecided
Welcome to Nigeria. grin

That's what you get in the Third world.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:07am On May 17, 2017
veecovee:
but my bank (firstbank) instructed me to post it, just few week ago. I actually went to them...and they gave me the forms to fill after which they stamp and gave the forms back to me to send them to the registrars by myself. And when I questioned them, on how I would send them from where i live (eastern part of the country), they said "I should sent them via post office"
I will advice you to visit another First Bank Branch.

When i had the same issue with a particular UBA branch, i just zoomed of to another Branch and it was processed.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:59am On May 17, 2017
[quote author=veecovee post=56595898[b]]I posted many e-div forms via Post Office, to many registrars, as my bank directed me after stamping my forms[/b]. But unfortunately I've neither received alert nor email from any of them. In fact I pressured cardinal stone thru e-mail before their dividend payment. But they didn't care to reply... Though they've posted the warrant, I still didn't know what went wrong in the process I followed.[/quote]You don't send your forms via post-office.

You take the forms to any branch of your bank for processing.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:58am On May 17, 2017
pluto09:
Haba, there is no way you will fill the form and not sign it now.
You will do everything at the bank and they will crosscheck before they complete their part.
But that is the question Tritri asked

Thank you But The form i got has signature confirmation on it..Has anyone done any WITHOUT signature confirmation ?
Maybe the way he asked.

But just posted the form.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:39am On May 17, 2017
Tritri:
Thank you But The form i got has signature confirmation on it..Has anyone done any WITHOUT signature confirmation ?
The form needs your signature
Check below

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:26am On May 17, 2017
pluto09:
Since your bank is going to do the upload you don't have to worry about signature confirmation. The bank will do their part before they upload it to NIBSS. The major challenge here is your bank. I have to use my second bank to do it for me when the first one was asking for too many things.
Just go to your bank and tell them you want to register for e mandate.
Are you saying you didn't sign your E-dividend mandate forms?

That's strange.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 7:20am On May 17, 2017
Tritri:
Thank you But The form i got has signature confirmation on it..Has anyone done any WITHOUT signature confirmation ?
You must sign every E-dividend mandate form before submitting.

Your bank will check if your signature match the one with them.
Politics › Re: Obasanjo Swearing In Buhari As Petroleum Minister In 1976 (Throwback Photo) by OBAGADAFFI: 9:36pm On May 16, 2017
Yet no meaningful impact in the Oil and Gas sector
Buhari and Petroleum are 5&6.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:55pm On May 16, 2017
Sports › Re: Highest Goal Scorers In World Football History by OBAGADAFFI: 10:07am On May 16, 2017
stevergs:
C Ronaldo will top that list soon
You mean he will score more than 1,329 goals grin
Politics › Re: APC Can’t Fix Nigeria’s Problem In 8 Years -oyegun by OBAGADAFFI(op): 8:14am On May 16, 2017
Oyagun should be shown the way out of APC
Politics › APC Can’t Fix Nigeria’s Problem In 8 Years -oyegun by OBAGADAFFI(op): 7:47am On May 16, 2017
APC can’t fix Nigeria’s problem in 8 years -Oyegun
— 16th May 2017
From Romanus Ugwu, Abuja


National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun, has warned that the APC-led Federal Government cannot fix the current economic and other challenges confronting Nigerians in eight years.

Speaking recently at the headquarters of the party, in Abuja, he said it would be extremely difficult to fix the level of rot in the country.


http://sunnewsonline.com/apc-cant-fix-nigerias-problem-in-8-years-oyegun/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:39pm On May 15, 2017
ihedioramma:
Thank's . I hope you read well what you post (b) ? . (Was) and not(is)
Forget the (is) or (was).

How are they going to raise funds for the project?


Read the last paragraph.
The company also reduced its net indebtedness by 29 per cent from N316.6 billion in first quarter 2016 to N225.9 billion in first quarter 2017.

Well sha, Na your money grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:28pm On May 15, 2017
Princkez:
do u think dey will let d price crash too low before cumin 2 raise funds? Jst watch wat will happen 2 d price soonest
Oando is currently highly indebted, and raising funds won't remove those debts.

Investors don't react well to right issue
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:25pm On May 15, 2017
ihedioramma:
Did they (oando) told you ? at what price is zenith offering now ? .
"He noted that the group has deleveraged its balance sheet through the divestment of its upstream services company, Oando Energy Services and embarked on the expansion of its retail and gas footprint through a strategic partnership with Helios Investment Partners and Vitol Group to recapitalise its downstream business for $210 million and the $115.8 equity buy-in of its Gas and Power business by Helios Investment Partners".

He said the company was considering raising some N40 billion in new capital.


http://thenationonlineng.net/oando-take-port-harcourt-refinery/

Right issue announcement is slowed Zenith down.
Zenith should be trading higher than Stanbic.


Remember Stanbic results was suspended for almost a year, and the price started moving immidiatly it was lifted.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 8:49pm On May 15, 2017
ihedioramma:
Is better to buy oando/fbnh now than dangoteflour, what of if the stock end the week at #3 ? .
Dangote is far better than Oando and Fbnh combined.

Remember Oando is preparing to raise funds for PH refinery.
Romance › Re: Man Prostrates To His Fiancee's Mum After Marriage Proposal (photos) by OBAGADAFFI: 10:37am On May 15, 2017
Just the beginning . grin

He should prepare for more prostrating .
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:28am On May 15, 2017
The Bulls pendulum is swinging elsewhere . grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:04pm On May 14, 2017
Culture › Re: Emir Sanusi's Grandfather Was Dethroned In 1963 & It's About To Repeat Itself by OBAGADAFFI: 12:31pm On May 14, 2017
We all saw the reply Sanusi from the whole North, after his lectures to them.

Sanusi attempt to bring civilisation to a traditional society is backfiring.

The plan to remove Sanusi is a Northern agenda and not Kano state governments.

If they remove nothing will happen, because the religious group will simply paint him as infidel.
Politics › Re: Nobody Can Force Buhari To Disclose His Ailment — Femi Adesina by OBAGADAFFI: 7:03am On May 13, 2017
Nobody should be in suspense in the real sense of the word. It’s like they say, you don’t have to use Panadol for another person’s headache. If anybody has put himself in suspense, he’s just doing it for himself because it’s not necessary. The law does not compel a president to reveal what is wrong with him. It does not.
Adesina should be told that PMB headache is s Nigerians headache
Politics › Re: "How APC Removed PDP From Power" - Oyegun by OBAGADAFFI: 6:53am On May 13, 2017
GEJ is the only reason for PDP defeat.

He was the weakest​ link and everybody exploited it.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:23pm On May 12, 2017
EARNINGS REVIEW - FIRST BANK NIGERIA HOLDINGS PLC

FBNH PLC: Q1’2017 & FY’2016 EARNINGS RELEASE


Monumental Loan Loss Provisioning Pressured Top Line Growth

FBN Holdings PLC (‘’FBNH’’ or ‘’The Group’’ or “The Bank”) recorded mixed performances across FY’16 and Q1’17 financial periods. Whilst “the Group” recorded improved top-line performances across both periods, the bottom-line was dampened by sizable loan loss provision, amidst deteriorating asset quality and rising Non Performing Loan (NPL). Gross Earnings grew by 15.7% to N581.8bn in FY’16 (Vs. N502.7bn in FY’15) above consensus estimate and Lead’s estimate of N490.5bn...

The decline in the bottom-line was pressured by a copious N226.0bn loan loss provision (coupled with deteriorating asset quality), amidst an industry high NPL ratio of 24.4%. Consequently, Profit After Tax (PAT) shed by 19.1% YoY to N12.2bn below consensus estimate and Lead’s N39.1bn FY’16 forecast. In spite of the pressured earnings, “FBNH” proposed a dividend of N0.20 in perfect conformity with our estimate (Lead estimate: N0.20), backed mostly from the profits it made from its other subsidiaries.

On the other hand, “the Group” Quarter-on-Quarter (QoQ) performance revealed a declined in profitability for Q1’17, posting a PAT of N16.2bn (-23.4% YoY) despite the impressive 31.4% growth recorded in Gross Earnings for Q1’17 at N141.2bn (Vs. N107.6bn in Q1’16). The top-line growth was dampened by sizeable stake in loan loss expense, posting a higher than expected loan loss provision hitting high at 126% QoQ to N28.8bn (Vs N12.8bn Q1’16) as asset quality challenges continues to hit operations…

Earnings Estimate and Target Price Reviewed Upward, Buy Rating Retained
Consequent on the stronger than expected top-line performance recorded for FY’16 and Q1’17 periods, we have reviewed our earnings estimate upward. We expect Interest Income to increase marginally as the fixed income deposits gets attractive with inflation rate on the downtrend. Similarly, we expect Non-Interest Income to flow high in FY’17 on the heels of expected FX gains and more tax-free returns from fixed income trading…

Overall, we are optimistic about the Group’s long term performance, hence, we forecast EPS of N0.41 for FY’17 (Vs. N0.34 in FY’16) and DPS of N0.25 for FY’17 (Vs. N0.20 in FY’16). Thus, we have reviewed our 12-month Target Price (TP) upward to N4.86 (Vs. previous N4.34), indicating a substantial investment benefits from the closing price of N3.85 as at 11/05/2017 and we recommend a buy on the stock.
Christianity Etc › Re: CAN Protests Nigerian Participation In Islamic Sports by OBAGADAFFI: 2:34pm On May 12, 2017
So Nigeria is now an Islamic Country
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:50pm On May 12, 2017
PETERiCHY:
Oga this your theory doesn't apply to MAY/SEPT BEARS.

This year the wicked MAY BEAR actually knew that alot were prepared for him.

So he used a RAGING BULL as an undercover agent
grin grin grin
grin

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