sterlingD:

@Gfab20 have you received dividend for Sterling Bank?Check the attachment below.The payment is today
10 July 2023

Yes o. I received it. Thank you so much for your response.

kolaish:
Another angle and point to note is that the amount in question owed to Ecobank is between N5b - N13b, while the estimated sum for the acquisition of those FBNH shares is around N100b. Even if he is forced to pay the N13b, he can still muster remaining amount (N87b) to get enough shares that will make him take control of the bank, which other shareholders may not want. Interesting times ahead because yours truly like following where there is billions.

If the other investors with substantial holdings like Adenuga, Otedola and Odukale ɗont want him as the chairman of the company they can form a bloc, his representative will only be a board member but can't exert control. Although he can always earn dividends based on his holdings.


He is hiding on the technicality of the law in order not to pay his loan, such a person should not be allowed to exert control over a bank

Ades1:




Greetings bros, how old are you? Hope you don't mind me asking?

I am 28 years old

Mankindman:

And ololo deap capital is rising again 😀😀😀😀😀😀📈

His Stockbroking firm is called Falcon securities. Probably a major shareholder of DEAP capital

ositadima1:
I am retiring this moniker. Goodbye for now, and wish you all success in your pursuits.

But why now?



Permission to retire this moniker is not granted

emmanuelewumi:


I am 28 years old

Senior man, are you a politician? You be agbalagbi

Sharpening my Axe for the next bull invasion. However, I will be averaging down on just two stocks due to late exit at the right time…..

emmanuelewumi:



I am 28 years old

Stock broking age abi

emmanuelewumi:



I am 28 years old

Pa Emma,
You r making me to laff, how can an old wine in an old skin be 28yrs?
Sounds impossible and hard to believe.
That means u registered your current Monica in 2013 at age 18 yrs. I can say it vividly that the wisdom in your posts 📫 shows you are in late 40s.
I have been following you and Agbalowomeri investment philosophy for more than 7 years, at the time, my portfolio was a mustard seed, now a giant 🌳.
If you are truly 28 yrs, then I duff my hat 👒 😉 for you, the wisdom, knowledge and understanding that I have been privileged to acquire from your posts cannot be quantified.
You and Agbalowomeri should just team up and start an 👷‍♀️ an investment club.
All the same, May you live 🙏 ✨️ in good health, wealth, long life and prosperity. Amen.

Mankindman:



.

28

PETERiCHY:


DANGOTE refinery will soon come on stream and their bankers will start to benefit.

So for your health sake leave kobo kobo stocks and join the latest corruptions . GTB. ZENTH. ACCESS & UBA. as we await their Q2 results cum interim dividend.

A WORD is enough for the WISE!

We made the above post on May 25th 2023.
now that SMART INVESTORS have enjoyed the GIFTS of the rampaging bull from BURUNDI.

Its time to SEATBACK, RELAX and ENJOY our numerous LOOTs while we await their so called GENERATIONAL LOW.

GOD is GOOD all the time,
ALL the time GOD is GOOD.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Mankindman:


Pa Emma,
That means you registered your current moniker in 2013 at age 18. I can say it vividly that the wisdom in your posts 📫 shows you are in late 40s

I believe he was manie before then

kolaish:
Another angle and point to note is that the amount in question owed to Ecobank is between N5b - N13b, while the estimated sum for the acquisition of those FBNH shares is around N100b. Even if he is forced to pay the N13b, he can still muster remaining amount (N87b) to get enough shares that will make him take control of the bank, which other shareholders may not want. Interesting times ahead because yours truly like following where there is billions.

This is a Cowboy of Broad Street movie

But in all of this where was CBN and SEC ?Why didn't they come in to intervene? Why did they all allow this linger on for this long?

emmasoft:


@Owoblowblow apologies for the delay.

In other to carry out your request, I will need some details from you that may not be proper to share here.

Kindly chat/call me. I assure you everything will be resolved.

Thank you for your patronage.

Hi Emma,
Thank you for your response and looking at this matter. I'm pleased with your service.
Kind regards

Owoblowblow:


Hi Emma,
Thank you for your response and looking at this matter. I'm pleased with your service.
Kind regards

My pleasure.

Nigerialabalaba:

Boss mi, na lie be dat one wey dey for bold. e be like say na only bad belle u carry come dis market o. u no go fit get money wit dis kain mind. Abeg go buy d shares of company wey be say all of dem be angels so dat ur beef for Otedola no go turn u to public liar.

Dat same Forte oil wey u dey yarm opats for ehn, I sabi pesin wey buy am N24 and sell am over N200. Maybe u neva start to dey buy stocks dat time. So if people wey benefit catch u dey yab Otedola dem go dey yarn say na poor man bad belle for rich pesin dey worry u o.

Ardova now don hang becos dem mgt wan chop alone post subsidy removal but we no go gree.

If u no fit wait, leave ardova for us. carry ur kaya go anoda company wey go kulu ur mind so u no go dey para.
igi pawpaw o ni wo pawa o.

It's a pity my brother... The poor always beef the wealthy

kolaish:
Another angle and point to note is that the amount in question owed to Ecobank is between N5b - N13b, while the estimated sum for the acquisition of those FBNH shares is around N100b. Even if he is forced to pay the N13b, he can still muster remaining amount (N87b) to get enough shares that will make him take control of the bank, which other shareholders may not want. Interesting times ahead because yours truly like following where there is billions.

kolaish:
Personally, I think Oba Otudeko and FBNH triggered the bears that is currently ravaging NGX. The market thrives on information and a little information can trigger massive bull or bears. The moment issues arose from the take-over bid, FBNH started downward movement which affected other banks and whenever you see Zenith and GTCo falling, the herds mentality easily comes in and people rush to sell.

I am interested in how it goes because there is money to be made from the saga. The matter is more of a concern to shareholders of Flour Mills of Nigeria and Honeywell than even FBNH. I see a situation where other major shareholders like Otedola and Odukale will increase their stakes in the near future. Within now and 6 months time, some will make millions in FBNH. For me, I will start buying from Monday.

Due Diligence please.

I think so as well that Otudeko/ETI/FBNH issue triggered the bears. It's resolution and good Q2 numbers amongst other political issues is needed for the bulls to resume.

I think also there is money to be made on two sides from FBNH. On one side are the directors and management, always making money with the high Opex structure of FBNH and avoidable unrecovered Impairment losses. And on the other side are shareholders who enter at discount prices, provided mngt corruption is reduced like it had been in the last 5years. Unlike the very heavy Impairments of years 2015 to 2017. Otudeko wants to enter at discount prices and eat from both sides.

sterlingD:

This is a Cowboy of Broad Street movie

But in all of this where was CBN and SEC ?Why didn't they come in to intervene? Why did they all allow this linger on for this long?

It became a court case from high court to court of appeal up to supreme court. Otudeko lost from the high court up to the supreme court.


The new trick is to declare bankruptcy in order not to pay

This is a case that dragged for over 10 years.

Such a person should not be allowed by CBN to have control of a bank

ojesymsym:
Small messies and see cry everywhere.

But this is one problem I have with chart people, how come charts never pick things like this until after they happen and then they will now attempt to use charts to explain it.

@ojesymsym, IF posts from people like ositadima1, currentprice, janga and my humble self warning about possibility of market reversal is not enough; I wonder why you have problem with "chart people". In my last week market review, I even warned that some sectors were slowing down and people needs to be cautious, there is no problem with chartist except you overlooked their posts because of your "problem" with them.

emmanuelewumi:



I am 28 years old

I laugh in spanish We know ourselves o. Well, that is the irony of life, young people want to behave like old people and old people also want to reverse the time to remain young. You are between 58 and 63 years old.

[quote author=Marketapprentic post=124414520]

You and Loco were the ones that lea

From 30k to its current price?? It is still a thank you to the person that gave the recommendation. Even if 70 kobo is the bailing price!!

While the decline slows down from next week in some stocks, there is one stock that is carrying plenty shareholders at back.I just picked one catalyst which will drive this stock above imaginations during my review of stocks last night.
I will make the stock known here by next week.

Have a fruitful weekend

kolaish:
I laugh in spanish We know ourselves o. Well, that is the irony of life, young people want to behave like old people and old people also want to reverse the time to remain young. You are between 58 and 63 years old.

Wahala Wahala
Abeg BBM what's the chart saying about pa Emma's age

In all you do, remember that the stock market is inactive 75% of the time

Mankindman:

As a fan of Pa Emma, I fink he should be in his late 40s (45 to 49)
😂 😘

He should be older than those numbers

Agbalowomeri:


Wahala Wahala
Abeg BBM what's the chart saying about pa Emma's age

kolaish:
I laugh in spanish We know ourselves o. Well, that is the irony of life, young people want to behave like old people and old people also want to reverse the time to remain young. You are between 58 and 63 years old.

Exactly, I see him as being in his sixties

NSE market peak

NNPCL looking like it's coming on the shelf any moment now.


One to spur the market and with dangote refinery already building its stock pile to begin distribution. A very interesting ride to be on from the get-go!

I think a price tag of 100 so everyone can buy- not necessarily everyone.

Mankindman:


Pa Emma,
You r making me to laff, how can an old wine in an old skin be 28yrs?
Sounds impossible and hard to believe.
That means u registered your current Monica in 2013 at age 18 yrs. I can say it vividly that the wisdom in your posts 📫 shows you are in late 40s.
I have been following you and Agbalowomeri investment philosophy for more than 7 years, at the time, my portfolio was a mustard seed, now a giant 🌳.
If you are truly 28 yrs, then I duff my hat 👒 😉 for you, the wisdom, knowledge and understanding that I have been privileged to acquire from your posts cannot be quantified.
You and Agbalowomeri should just team up and start an 👷‍♀️ an investment club.
All the same, May you live 🙏 ✨️ in good health, wealth, long life and prosperity. Amen.

He is averaging down

Agbalowomeri:


Wahala Wahala
Abeg BBM what's the chart saying about pa Emma's age

@Agbalowomeri, this is a herculean task, I must confess.
However, with available "market" data on Pa Emma, TA shows he was most likely born before Nigeria civil war in 1967; approx. 56 years ago!

IF Pa Emma was very active during 2008 market crash; rock Madonna song - La Isla Bonita in 1987; and could recall how late Prof Akin Adesola built UNILAG's Senate with N15m in 1984 (using internally generated funds and donation), then Pa Emma should be almost as old as Nigeria Independence (1960)

However, to be on the conservative side, Support is provided at 1967 (+/- 5)
Happy Weekend all!