Stockbuego's Posts
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Chibuking81:You are very right bro. I have stopped listening to their stock recommendations, it is all done to serve the purposes best known to them. Stock Information here worths more than their outrageous subscription fee which often more biased and skewed to serve their purposes. |
Chibuking81:It must happen in Jesus name.. ise ise iseee... |
Krisuba:You should make contact with customer care via email. I think they must be in a position to help u |
RabbiDoracle:Yes there's something wrong with their IT security system. They should look into it. |
Krisuba:It could be that you closed down the window without actually loging out. This means that that morgan system will still detect your account as being logged into even when you couldn't log in. When this happens it take around an hour before you can log in again. |
emmanuelewumi:I am fully aware that Ibeto did something in respect of cement backward integration policy implemented by Obj gov. I hope u remembered how his cement importing licence was illegally revoked and was rumoured to have been engineered by those who strongly disdained mrk competition. That licence was later restored by Jonatan after they settled out of court making Ibeto the only cement importing company to compensate for lost ground when others were importing. He is has acquired Ngalagu cement(nigercem) and it is currently undergoing turnaround. |
emmanuelewumi:Sometimes, it is easier said than done. I like dangote companies because he enjoys alot of patronages and privileges from government. He is an anointed son of any government in power and he knows how to warm himself into the heart of people in power. Take it from me, if not for direct intervention of government, dangote wouldn't have been where he is today. |
wanaj0:I think you are right. Dangote hates market competition with passion and his perspective towards it is laced with odious disdain. He has tried and failed severally when competition is stiffed, in most cases he needs special intervention from government in order to stifle his market competitors. By the way, in Ibeto cement saga, we know what transpired. We also know his case against BUA group and so many uncountable others too numerous to elaborate. That said, i have no doubt in my mind that his flour voyage will be a huge success as it is still constitute of about 50 percent of my portfolio which I brought at average price of 5.20k |
DOLLARTEX:Iam not very sure bro, but I have the gut that might happen |
Mpeace:Is it better you should wait until after election if you intended for long-term as I know most stocks will be cheaper because of election uncertainty? |
currentprice: ![]() |
9free:I hope you are not one of those ''Umu-Nnunu'' dem gang whom gives in the sight of okpekes ![]() |
onegentleguy:You shouldn't get distracted my brother. Iam one of the persons here that take your posts serious. Keeping doing what you are doing. Even though onius lies on me to always apply my DD, i can't help by following your posts with rapt attention. |
Chibuking81:I feel very sad for this ugly predicament. God will guide this innocent girl back to the family. Pls, need to think introspectively and consider changing your present location. Talkless about your investment adventures to anyone expect someone whom you can trust like your wife maybe. This ugly incident is becoming frequent, you need to do something very fast. I remember you in my prayers. |
Jejebaba:https://www.proshareng.com/news/Frauds---Scandals/Innoson-group-Vs-GTBank---30-Key-Points-/37739 Here is the link |
*Innoson group Vs GTBank : 30 Key Points you need to know about their dispute :* *1* - At all Material time , Innoson Nigeria Ltd operates a Current Account with GTBank . *2* - Innoson obtained , and had repaid same , a loan of N1.3billion from GTB Which was secured with a legal mortgage of its properties valued at more than N1.4billion . *3* - Innoson discovered that GTBank imposed excess and unlawful charges in its Current account . *4* Innoson Group Complained to GTBank on his discovery of access charges on his account . *5* - Both parties ( Innoson and GTBank ) agreed to invite an independent auditing firm that will be agreed by both parties . *6*- At the end , MULTI-WINGS Consulting Firm of Auditors was invited to properly audit Innoson Nigeria Ltd Current account No 0043753636 domiciled with Nnewi Branch of GTBank . The audit covers a period from March 2004 to Dec 2011 . *7* - After the account was audited , it was discovered that GTBank has been illegally deducting excess bank charges on its overdraft facility to the Innoson to the tune of seven hundred and Eighty-Six Million, Two Hundred and Five Thousand , Nine Hundred and Fifty-Five Naira , Ninety Nine kobo ( N786,205,955.99). *8* - GTBank was shocked at the audit report when the report was forwarded to it .They replied in their letter to Innoson on 20th January , 2012 that it will investigate the issue raised and will get back to Innoson on the Conclusion of its investigation . *9* - In the month of September 2012 , GTBank wrote to Innoson that from their personal audit report , the excess bank charges was Five Hundred and Fifty-Nine Million , three Hundred and Seventy-Two naira ,Nine kobo ( N 559.3Million). *10* - Innoson agreed to their version and decided to accept payment from it in the spirit of amicable resolution. *11*- Innoson also requested that the said agreed amount of N559.3million be paid with a 22% interest rate because Innoson had been repaying all his loan with GTBank at 22% interest rate. *12* - GTBank refused and said that the best they can repay excess and illegal deduction is at 7% interest rate . This led to another disagreement between Innoson and GTBank . *13* - As a result , in 2012 , Innoson sued GTBank at Federal High Court Awka with Suit No : FHC/Awk/Cs/2012 . *14* - Federal High Court, Awka delivered Judgement in favour of Innoson in excess of N4.7billion against GTBank. Delivering Judgement in suit no : FHC /Awk/ CS / 139/2012 , the FHC awarded N4.7billion to Innoson Motors against GTBank . *The court also ordered GTBank to pay 22 % (percent ) interest on the Judgement debt until all the payment had been made to Innoson .* *15* - In 2013 , GTBank appealed against the judgement to the Court of Appeal, Enugu Division, appoxite appeal No: CA/E/288/2013 . *16* - The Court of Appeal , Enugu in a Considered ruling ordered GTBank to pay the Judgement debt of N6billion Inclusive of the accrued interest and any interest that would subsequently accrue thereon into an interest yielding account in the Name of the Chief Registrar of the Court . *17* - In its various affidavits, particularly at the Court of Appeal in suit no : CA/E/288/2013 , GTBank deposed that if it pays the outstanding Judgement debt of N6billion , much less the N8.5billion , it could go bankrupt and be out of business . *18* - GTBank went to the Supreme Court .The case is still in the Supreme Court , while the Judgement debt is about N8billion now to be paid to Innoson by GTBank . *Another Cases:* IBADAN Cases : Innoson /GTBank/Nigerian Custom Service : *19* - Nigerian Customs Service Auctioned Innoson goods . *20* - Innoson challenged the action Nigerian Custom Service for auctioning its goods at Federal High Court , Ibadan . *21* - On July 29 ,2011, In a Garnishee Order Absolute , the Federal High Court sitting in Ibadan ordered GTBank to Pay Innoson #2,048,737,443,67 (#2billion) from Nigerian Customs account in GTBank . *22* - Rather than Comply with the Garnishee Order Absolute of the Court , GTBank on February 6, 2015 appealed the Judgement , but the Court of Appeal in Appeal no. CA/1/258/2011 affirmed the Judgement of the Federal High Court and ordered GTBank to pay the Judgement debt of #2,048,737,443.67 (#2.048billion) to Innoson . *23* - GTBank , instead , appealed to the Supreme Court against the Court of Appeal's decision where GTBank claimed through a motion in suit no : Sc /694/2014, that the Court of Appeal Judgement in Ibadan (CA/I/258/2011) was procured by suspicious means . *24* - On May 12, 2017 , Supreme Court in its wisdom and rightly , dismissed that unfounded and exasperating claim of GTB against Innoson . *25* - As a result , Innoson commenced a N400 billion suit against GTBank , in the suit No: FCT /HC/CV/2448/2017 at the High Court of the Federal Capital Territory, Abuja . *Another issues :* *26* - Consequently , in order to save itself from paying the outstanding Judgement debts to Innoson , the GTBbank filed a petition against Innoson alleging forgery which led to the suit No : FHC /L/565C/2015 by Police . *27* - On February 17, 2016 , Police properly and Competently withdraw the charges against Innoson , saying they needed to properly investigate the bank's complaints first and see if they had merits . *28* - On September 1 , 2014 , GTBank secured an ex parte order on Innoson Nigeria Limited, dated September 1, 2014 with suit no FHC/L/CS/1119/2014 , filed before a Federal High Court in Lagos , between GTBank and Innoson Nigeria Limited , issued by *Justice Okon Abang* , ordering that , pending the hearing and the determination of the substantive suit , all Commercial Banks in Nigeria were restrained from accepting in any manner whatsoever to any mandate or instruction presented to them by Innoson Companies or any of its agents or nominees for withdrawal of any sum of money standing to the credit of any account maintained by the company in all the banks. *29* - However , on June 10, 2015 , *Justice Saliu Saidu* of the Federal High Court , Lagos , in a Considered ruling set aside the ex parte order of September 1, 2014 , by Justice Okon Abang and the writ of summon as well . *30* - Innoson then slammed a N30 billion suit on Guaranty Trust Bank for what it had suffered in monetary terms and reputational terms during the months when the accounts of its companies in all Nigerian banks were frozen.With Innoson winning both cases at the High Court and both cases at the Appeal Court, and GTB appealing, both cases are awaiting the verdict of the Supreme Court. Meanwhile the fresh N30 billion naira suit has just gone to the High Court to start its legal journey copied.... |
This case is going messy against GTbank. Pls, what is your opinion on this. Innosson group has court judgement in the tune of billions of naira against GTbank which could push them file for bankruptcy. They are using intrumentality of the state (Efcc) to see how they can undermine the case. |
currentprice:Happy Xmas break bro. May continue to shower you with his abundant grace and favour. Amen! |
ihedioramma:I think you are qualified to have right of 9units at every 16 held as at 8dec.,2017. |
Manonamission:Thanks |
Manonamission:Iam trying to navigate through Cadbury website but it seems they don't have any functional Nigeria website. Pls can you furnish me with one if you know any. Thanks |
emmanuelewumi:Obasanjo= 1999 |
currentprice:Iam still holding tight sir. You should deserve some drinks ![]() |
currentprice:Thank you sir for giving me an insight into the inherent value of dang.flour. I gained alot from it. God bless u. ![]() |
pluto09:Do you think that spike in finance cost, administrative cost and others are things to worry about because I believe that in the view of their aggressive marketing, increase products production and distribution which result is their superlative performance in all financial variables. Naturally there will be increase in production expense as a consequence of aggressive production, i think it is a clear economic reality. |
Mpeace:Men who know when to aim and shoot, iam learning from you people .. Do you think that their divestment in noodle sector will erode some fractions of their current share value which will manifest in somewhat southward direction in share price to reflect true value. |
pluto09:Both stocks are wonderful with alot of inherent and hidden values. Dangote companies are very good and well managed but I have observed that they are highly inertia in price fluctuations and volatility hence making it highly recommendable for investors not traders as exemplified by Pa.Ewumi. . Pls Pluto, where were your perceived observations you were not comfortable with in q2 of DF result as I have a substantial amount that I have designated and placed for long term. |
emmanuelewumi:That's very interesting. Do you think Guinness plc is being currently mismanaged? |
Coolcash1:Cadbury plc can be adduced as a good case study here. |
rebekah2011:You are right . Thanks alot |
vivie01:Thanks alot sister |
Can any gentleman or woman here confirm if this is authentic Skye bank account of morgan capital. account no 1771365357. Thanks in anticipation of your timely response |
