₦airaland Forum

zendi:
But when your product is crude oil..............

If the militants keep disrupting Nigerian output, thereby pushing price in the int market., while sparring oando's own installations at home, they will soon clear the depth and even borrow more to acquire more assets.

Are you say militants are only attacking foreign facility in the ND.

Speaking on the debt position, Tinubu stated that the plan was to reduce the net debt to[b] N100 billion from N501 billion [/b] :oin the next two months to September 2016, following a number of restructuring measures put in place by the Board and management to reposition the company for profitability.

Read more at: http://www.vanguardngr.com/2016/07/debt-ridden-oando-begs-investors/

Another name for Oando should be Onigbese.

Half a Trillion debt no be joke.

Adesiji77:
On observation no. 1: It is a form of financing called "sale and lease-back". It will allow the company to free the cash that they had earlier invested in the asset for other uses. It can also confer some tax benefits.

In a Lagos where the value of assets like land is increasing, it is not wise selling off assets and paying to leases it back.

Why not hold on to the assets and allow Suntory lease it.

Intendy:
http://punchng.com/shareholders-approve-gsks-plan-sell-drinks-business/

This is so wrong

The transaction will include the sale of the firm’s Agbara manufacturing facility designed for drinks business and 6.45 hectares of land while the company retains 3.45 hectares of the land to enable it to invest and grow the retained GSK consumer business, according to the firm.


Under the terms of transaction, the chairman explained that the company would retain the production equipment used in the GSK consumer business and would lease from Suntory those areas of the Agbara facility, which were used in the production process for the core GSK business.


My observations:

1.Why sell off what you have and still go back to lease it.
2. Are they saying their drinks, lucozade and co are no longer profitable
3. What's the stake of GSK management in Suntory.

marshborn:
Look at the boundary with thicker lines, it's not referring to the whole of the map.

It's so strange that some people are just looking at the whole map.

The most important things are boundaries and legend below the map.

If she is pregnant at 18, it also means she's knacking before 18.

Now that is child abuse.

zuchyblink:
Thanks for posting the picture

Welcome.

Just wondering why Okrika is outside the Igbo speaking area.

Hmm

megainvest:
It will not be delisted. There are some very strong interest groups backing the bank and they are doing a lot of things behind the scenes right now.

The biggest risk at present is the panic withdrawal and the loss of customer confidence they will suffer for the rest of the year and for a long time to come!

Some ways they can dig the bank out of this hole is to channel some corporate funds (maybe even government funds) in their direction or do a re-branding (Change of name).

They should also collect all the money from Ayeni and give a taste of what Cicilia and Akingbola are going through.

megainvest:
If Skye Bank ever gets to 50k, I will load as much as I can!!!
If there is any sign of recovery in the market on Friday, I will start loading some units.
This decision is purely speculative and not backed by any fundamentals or technicals. I don talk my own ooo.

It might go lower than 0.50k.

But my biggest fear is Delisting.

spinoff:
Fingers crossed.


http://stocksng.com/skye-bank-plc-technical-interpretation-cbns-action-every-stock-investors-know/


SKYE BANK PLC:
Technical Interpretation of CBN’s Action And What Every Stock Investors Should Know.


The Godwin Emefiele led Central
Bank of Nigeria might not have
acted like a ‘commando’ in the
case of Skye Bank Plc.......

Anybody still trapped in Skye Bank, is not a smart investor. Because the signs has been there since last year.

With the Cadbury saga some years ago,days of investing in companies and going to sleep is over.

If You sleep off, you will wake up hearing the company no longer exist, and funds evaporated just like that.

Some people still got shares in Dunlop, Starcomms .e.t.c till date.

Intendy:
bro I believe u meant there are still many fundamentally sound stocks BUT overpriced from your perspective.

we have over 250 stocks listed on the exchange and around 50 with good fundamentals and 30 of the 50 with also good cooperate governance.
though numbers change from time to time.

Yea there are fundamentally sound stocks on the floor, but they're scarce/overpriced. And at times thier figures can be inconsistent.

Most of these stocks are in the FMCG, Building, conglomerates and Energy sectors.

But in the :-
Insurance - 0
Banking-1
Investment - 2

kentoto:
Morning people,

Initially I didn't want contribute on, before I observed that we have different types of trader/investors in the forum.
Traders: trade of technicals of a company regardless if the company is dead. JIJo group.

Investors: trade off the fundamentals of a company.

The members give advice to the house. So if a trader say Skye , it's because his a trader off technicals . And investor will read it and be more confused or buys the cos the guru said it.

On the other side an investor drips his stock picks and traders would be like: are you high

And too bad a lot of newbies dey the house.

I trade Both a trader and an investor. But a leaner trader.(technically)

For Skye I have and will continue to whatch it as trader. But as an investor, don't go near it.

K

You just hit the nail on the head with the bold.

Amongst all the banks only GTB can boost of sound fundamentals not even Zenith.

But some of us will still do buying and selling on these others banks if there is a sign on making profit.

For example, I won't look away from Skye Bank if it IS selling at 0.10k on full bid.

As at today, fundamentally sound stocks are scarce on the floor of our NSE.

The only fundamentals for me is cashing out my little profits.

The buyer collected N800 and N200 worth of goods.
With fake N1000 note.
Mean he didn't pay for the goods of N200 and still collected N800


The seller loose 1000

locodemy:
Now i have Dangote flour and Fbn........which of these two do you think will post a strong earnings and reduce cost of operations as we are drawing closer to results?

I will hope on TIGER( DANGOTEFLOUR).

The current heat in the banking sector will affect FBN.

locodemy:
Now i have Dangote flour and Fbn........which of these two do you think will post a strong earnings and reduce cost of operations as we are drawing closer to results?

I will hope on TIGER( DANGOTEFLOUR)

locodemy:
My brothers and sisters in the house........in a short while,we will be expecting the half year results from quoted companies.i have these stocks on my rader as BUY but need criticisms in any of them.which of them will outperform before and after results and which of them will underperform..........based on the current trading fundamentals and technical analysis..........these stocks in mind are:FBN,DANGTE FLOUR,TRANSCORP,LIVESTOCK,FLOUR MILL AND FO.

contributions pls.

Please remove Transcorp, FBN and livestock from your list, because they are likely to underperform.

What are these companies duing, to increase INCOME and reduce EXPENSES ?

HungerBAD:
This man should shut it.

Did you just realize this?you ruled for 8 years,and instead of you to concentrate on good governance,you instead gave us a sick Yaradua,who in turn gave us the Grand Patron of cluelessness.

To candid here Nigeria economy grew faster during OBJ regime. Lots of companies sprang up during that period.

EDUECO:
The stock market sharpens one's intelligence!

My Brother, Transcorp opened my eyes, to deeper secret of the stock market.

Intelligent guys were making millions on a dying TRANSCORP, with no serious fundamentals as at that time .HABA!

Some people are just experts in making profit from dying companies.

DeRuggedProf:
Most NEWBIES are still on ANALOGUE MODE unlike you that can HIRE and FIRE and REHIRE and RETIRE five (5) or more different CEOs in a trading session... .
I was A JJC then... .

My Oga, Na your back I dey jejely.

Let Skye Bank fall below 0.50k, you will see kings of JIJO dancing skelewu on the floor.

It might not exceed N1.00 for a some months, but our JIJO master will build more houses on the dying Skye Bank.

They're always waiting on the sidelines like hyenas.

DeRuggedProf:
.

It was GAME OVER the moment EBOLA (SKYE BANK) chose to marry HIV(AFRIBANK?)..... .
The present scenario is partially a PRODUCT of that union....

NEWBIES: If you want to learn JIJO SKILLS. I advice you do so on stocks that @ worse scenario, you will wait for DIVIDEND.
I will list some: GTB,ZENITH,AFRIPRUD,UBA,DANGCEM,NB, NASCON. DANGSUGAR... They also OSCILLATE WELL.
LESS THAN 10% of ALL the listed stocks ARE HEALTHY !!! We the OLD guys should not pretend, we know them ALL/WELL.
LET US STRIVE TO BE OF MAXIMUM ASSISTANCE AT ALL TIMES TO GUIDE THE NEWBIES NOT TO LOOSE HARD EARNED CASH.... .
IT WILL DEFEAT THE ESSENCE OF THIS FORUM.
Personally, I learnt a VERY VERY VERY BITTER lesson JIJOing SKYE,FCMB,IEI, LAWUNION,EQUITY ASSURANCE,UNION HOMES ETC ETC.
Why play with fire when you dont have access to a FIRE EXTINGUISHER... .

You had access to the fire extinguishers, you just didn't use it.

zendi:
ObaGadaffi you dey make me laff.
Wetin you wan do wit Skye result?
There is no result.
The hen itself dey life-support you dey talk of its eggs.

If Skye don't produce the results, I Will support any move to delist them.

Which kind business be dat.

Fail or pass show us the results.

zendi:
Look, Skye as a going bank is okay.......must be okay.
The CBN will see to that, more so as a systemic important bank.
But you cannot say so of the shareholders.
Skye has fallen into the hand of a rescue squad, and the process of recapitalizing it in this low mkt will delete present shareholders, sure as night follows day.
It is unity bank all over again, sorry.

But we all knew Skye Bank books is not good since last year.

Most of us are just JIJOing the bank just like OANDO.

Anybody traped in Skye Bank is not smart.

Skye might be delisted by the NSE and SEC if they don't produce that results.

kentoto:
People,
Today market tire me oh, see as cars full carpark. People no gree entire, bus no wan go.

Too many buses, but few buses fare.

No body wants to enter ONE CHANCE bus.

feelamong:
Sebi na their Syaman been donate N2B to PDP during the campaigns...

I no talk anytin o!

Their shiaman get carry money go buy NTEL.

CBN punishment for SKYE BANK is still doing PRESS-UP

Intendy:
bro you for follow the big smart guy that was advertising.
better late than never.

Are you really taking that guy serious.

Skye bank on FULL OFFER, serious losses.

Great i jumped up @1.12

Oando on FULL BID, making early gains.

I knew NTEL will make this big mistake by lunching 4G LTE only network.

NTEL is a National Carriers with 2G,3G and 4G license.

They're supposed to all this technologies on their network, so that subscribers can move in between this technologies.

GLO and MTN lunch their 4G LTE networks, we will understand how Telcos operate.

hopeforcharles:
See this guy U dey use chinko phone dey want test 4g Way these Chinkos dey lie like Lie mohammed Smh 4 u. Why not come and try it with my samsung S6 edge and see realistic 4g appearance

The same Chinko phones NTEL is advertising on their site.
http://www.ntel.com.ng/devices/

PETERiCHY:
The much anticipated STOCKARMEGEODDON is now taking place to the delight of bargain hunters that have been patiently waiting on the sidelines.

ZENITH BANK=N5:90k
GTBANK = N7:90k
OANDO= N1:70k
STANBIC=N8:10k
ETI=N8:90k
FBNH=N2:10k
ACCESS=N2:90k
UBA=N1:49k
DANGOTE CEMENT=#99:00k
SEPLAT=#110:00k
NESTLE=#199:00k
FO: My hand no dey

Patience is key and with GOD all things are possible

*ThE OcToPuS*

Wake me up the day Nestle get to that price, I will stake 80% of my portfolio on it.