₦airaland Forum

Coolcash1:
https://punchng.com/nigeria-heading-for-recession-in-q4-2020-fg/

Winter is coming

megawealth01:
I bought small quantity today at 17.2

Correct

Mcy56:
We see how far the crash can go, shebi Peter said below N10.........seems I'm interested in seeing how this will follow suit with previous share dilution/price crash.
In the meantime, let me carry my JB defense and step aside while watching and learning from the elders......

JB won't go below N10.

PETERiCHY:
SHARE DILUTION made GUINNESS crashed from their N58 right issue price in 2017 to current price of N14.

SHARE DILUTION that made WAPCO crashed from N42.50k right issue price in 2017 to sub N9:00k

SHARE DILUTION made CILEASING crashed from N8 last yr to N3 and still counting.

Now watch how SHARE DILUTION will crash JULIUS BERGER to sub N10 before any MEANINGFUL CONSOLIDATION will take place..

Still on accumulation mode on GUINNESS

BARGAIN HUNTERS TAKE NOTE!

You are correct SHARE DILUTION will crash the price.

ebuka1997:
Vanguard owned 4% as at last quarter, they obviously bought at a good price tho.

You mean VTI

Mcy56:
What could be wrong with JBerger?

That JBerge's pattern.

The stock only reacts to earning results i.e Dividends and Bonuses.

Mustafa Chike-Obi appointed Fidelity Bank chairman

Former CEO of the Asset Management Corporation of Nigeria.

majamajic:
Canada as u can see

That is wrong.

Is the NIS website domicile in Canada?

Is Nigerian Immigration service rejecting cards from Nigeria?

megawealth01:
We are on same boat... I will wait until their case with Mastercard is determined... The worst that will happen is to leave it there jare... Nothing to worry about from my end because it is a free money for me

They have been on that MasterCard case for long

If they refused to return that money EFCC will jail them.

Money that isn't Your own should be returned.

Sell-offs in UACN, JBERGER and NB dragged the Nigerian bourse down coupled with thin liquidity in the Nigerian Stock Market. Nairametrics envisages cautious buying of Nigerian stocks, as Institutional investors remain on the sidelines.

We knew this from 2015 when they implemented the capital controls and restrictions forex.

That event created the gap between the official rate and parallel market rate.

Today the truth is finally getting to us.

fxuser:
prices are looking freaky freaky

#oooiiin

Good news, I hope other Universities will be aquired and merged in the in the future

talk2me2:
Meristem stockbrokers has really disapointed me. I sent them a payment request since on Tuesday they debited my cash account and processed the payment, and even sent me a mail that my money has been processed. But up to now they have not transfer the money to my bank account. I sent a mail to them this morning but they did not respond, I called them and they did not pick.

I don't know what else to do I suppose to invest that money into ETH cryptocurrency since yesterday and now ETH has started to rally

T+3 days for transactions on the NSE.

maishai:
So the Idea is any form of investment that fetches u 5% is a very good one...........................The Government has seriously made it foolish to save......The banks made it harder with all manner of charges ringing in to your account.........Now the investing climate has only been good for organized business as they are the ones borrowing @ rediculously low prices ...............At this rate The demand for Local loans should sky rocket.......I would seriously love to see how this loans would be allocated

The goverment is just buying time, the heat is coming

Eku investment

Pepe don red

Pfizer's vaccines breakthrough might be fueling Neimeth movement.

I might be wrong though.

smitten99:
As someone who used to work there i wont put my 1naira in it based on the young mgt as the MD spends most time on social media like Twitter and Linkedin instead of looking for ways to grow the banks bottomline

The social media wars was the most childish thing i saw and did it add any valuable corporate customer NO!!!

The mass exodus of his tech staff who do the creative work is also worrying with the likes of Polaris bank and FBN taking the very smart ones

Dont invest on sentiment but TA or fundamentals

megamart247:
For the blabers that said I'm a rookie
Wapco now N10
Japaul now 22kobo
And still digging deep.

How do you compare WAPCO with Japaul.

Notin we pesin no go see for this street.

onegentleguy:
Now that Mr NEIMETH has restarted its full bid move, nobody is talking again. The stock has been on full bid for 4 days delivering maximum day to day gains.
...yet NO one is calling it Mr P & D anymore.

Well, those who headed the call above and re-entered below the lower price band should be smiling on 40% return by now.(see 1st post above)
The 2nd post above was a buy signal for those who understood the "not a bad thing" part of the statement. ...at the time the coy dropped below the 1.40 lower band to 1.20+. ...which was a juicy entry peg for those wishing to join in a 2nd rise.

Those in should take up their reward as it suits them.(considering their personality, investment horizon and goal)

It is well.

Neimeth is testing another resistance price soon

MishdaFish:
CSL Stockbroker sent a similar message earlier. It's a regulatory requirement I understand.
I wish to ask EXPERTs in the house why SEC would NOT allow a single mandate form for dividend to be submitted to brokers and CSCS for ALL transaction associated with a particular CLEARING HOUSE NO.(CHN). Why do we need to fill mandate for every sale or purchase of a new company?

I heard the guys at SEC are trying to solve this unpaid dividends problem this year.

This is probably one of the move towards that.

Where is Prof Sagey

Guys is Allianz Nigeria Insurance plc listed ?

Adefajofashola:
Big time joke, not possible

Na AIICO sales bring property talk o.

emmanuelewumi:
My late grandma's property is at Shipeolu.


I beg make we no derail the thread

We are discussing AIICO.

Na you bring property business, no vex. ;

emmanuelewumi:
Even that empty swampy land, buyers will buy for N40 million. Shomolu is the headquarters of printers in Lagos

The rental income generated from the property of my late grand mother at Shomolu is more than what 2 duplexes at Lekki will give you.

Bajuaye, Shipeolu, and Apata can get your N40 million, but some other areas won't give you N 15million.

emmanuelewumi:
Valuation used for the calculations of land use charge is different from the market value of a property.

You will be very lucky to get an empty plot of land at Shomolu for N25 million.


Kindly offer the owners of the house valued at Shomolu N35 million if they will be ready to sell their house.

Based on the rental income from the property they can only sell the house at N50 million

The property is old and in a swampy area.

But you know in Lagos tenants pay a lot even in dilapidated properties.

emmanuelewumi:
A property of N30 million can't give me a rental income of N10 million. The highest rental income you can get from such a property is N3 million

Oga it depends. There is a property around Shomolu valued @ N15 million with rentals of N6 million.

My point is if a business is generating lots of income no need selling.