₦airaland Forum

Does anybody have any update on Continental Reinsurance scheme of arrangement?

BullBearMkt:
-Union Bank is waxing strong & creating new highs (yet to see today's data)
-Daily & Weekly are bullish
-Long term support is still @ 4.96

Thanks man!

Kilode @Chibuking81?

What are the charts saying about Union Bank Please...

Cc @BullBearMkt
@FXUser

mendes911:
I no talk anything oooo. Am only appreciating his post.

Haba..I am not insinuating anything o. I am only smiling in appreciation.

mendes911:
I gbadu your style Sir. Oya, let me go and buy. Cash Cow sighted in JB.

Chibuking81:
12. Julius berger ( Price need to come down more)

The price of this one is rising not falling o. For now nobody knows if it will reverse in the short term.

Mcy56:
Jona, don't quote me again. You are not my friend here, so no need to pretend as one. Anyone who wishes me evil is not a friend. Just feel like letting you know, I have nothing whatsoever against you, we are all b&sitL.

In a public forum? Anybody can quote anybody abeg. As long as you keep it civil while quoting.

I learnt from Channels TV news this morning that Diamond Bank has been given a red flag by NSE in their Corporate Governance Report. That could be the reason for the price retraction.

Let's wait and see how the request for a merger is treated in SEC and NSE when its finally fled.

Chibuking and Peterichy...please confirm the Bonanza period again. Is it still Feb/March, or April/May?

Abeg, people using the "F" appellation to their moniker, Mcy and Yayira, this na new year. Your quarrels are a distraction to the main issue why we are here. There is a thread for people to go and quarrel for NL. I will try and get the link for you. When both of you are not at it, you make a lot of sense with our posts. Lets keep it focused this new year. Na beg I dey beg.

People wey dey take side, e don do too. No more distractions.

onegentleguy:
Am out of DIAMOND BANK !!
...a juicy approx 205% ROI from a ride of a BEP of 0.71k to N2.17 is'nt such a bad idea.
With a stock like DIAMOND, I prefer not to be too greedy. ...so the fellow that bought from me can maybe ride on from where I stopped with the plausibility of any additional return.
While I owe no one a duty to state when I exit a coy, I have to do this to serve the interest of those who consulted me privately. ...and so to the few who sent me mails on DIAMOND, Pls take note of this !!
As I communicated in my PMs to u, my romance with DIAMOND(like skye) shall be strictly based on trade and never for the purpose of investing.
This exit strategy is also in line with my ealier post weighing the head to head benefits on the back of the ACCESS/DIAMOND merger.(see the parts in bold of the post above)

Pls do well to be guided accordingly.

CAVEAT: Not to be referenced as any sought of recommendation. ...due diligence still applies.

Nice one. Annualized, that is over 2000%. Rare.

DeRuggedProf:
stockbrokers have indeed made money today.

I reviewed my trading this week and discovered I have to get more discipline.
No wonder my broker was all smiles that last time we spoke.
I have really worked very hard this year for those guys, much more than most of their staff, and I am not on their payroll....
I will be a very lazy client next year, God willing....

Roger That.

anjilgreat:
This NSE is something else..Wondering at the fact that I sold my sterling bank @#1.68 just last week!

Somebody sent a link here with nuggets from Jesse Livermore. some of them are very instructive especially when to sell or hold on.

https://www.tradingwithrayner.com/25-powerful-trading-lessons-by-jesse-livermore/

Godlylifeoneart:
Noteby... It was the SA investor(Tiger Brand) that lost terribly in the Dangote Flour affairs. It still reflects in the annual report of Tiger brand till date. Alhaji played them well.TB could not compete in unfamiliar territory.
In the breweries subsector, it's a different game.
A. Rooijen was once the MD of champion breweries and he still represents the interest of the SA investors till date.
For Heineken, the majority shareholders to hold on to about 4.7bil shares in dz Company despite facing financial challenges in Europe means there is an intrinsic value in dz company that is not yet known to common shareholders
Watch out.......

The Brewery is owned majorly by Nigerian Breweries and the current MD is/was a staff of NB. What Champion Breweries does mostly is contract manufacturing for NB brands, just like some small bottling coys used to do for Coca Cola before they acquired them all. In addition, Champion breweries has its own brand, Champion Lager and malt which is sold around the Cross River/Akwa Ibom area. Any Heineken, Star or Gulder you see in those states is most likely brewed by CB for NB.

tritritri:
# reminiscing.

The era of quick 15% . Quick 30% is gone...


Now adays u will b glued to morgan capital everyday for 3mth and at the end nothing . dat is if u don't lose 10% self before coming out.

No more E-FIGHTING compare to 2017 .
Members don't even comment . just come view and go.
The smart one laughin at those buying from FEB-DEC. and dey were right i guess.
Even newbies coming on this thread is very few compare to 2017.
Majority of our member r back to T.BILL thread.
I will soon join the EEKU market crew . instead of destroying my eye ball on d screen everyday.

Even my grammer group boss ihedioramma has started bet9ja. .ihedioramma come back here..i miss u.
Last year a female was typing her words in British english. this year she type broken english pass me and ihedioramma self.

read laugh or vex i go talk my mind.

Lol...How for do? Its like the odds to win for sports betting is better than NSE

mendes911:
Sterling has used those silly 1k, 4k, 7k trades to chase everybody away from their stock. They are now trading and adjusting it as them deem fit. I wonder if any of our forum members have that stock. Even Mcy56, our Queen of such stock, no dey look their side!

Please help explain what is happening to that Bank and its stock...

Just baffled.

Chibuking81:
My good people how una dey? January/February bonanza period just approaching, am just passing, back to ghost mode

Na wa for you o. First it was Nov/Dec, then Dec/Jan, and now Jan/Feb

DeRuggedProf:
https://www.proshareng.com/news/Frauds---Scandals/What-Does-It-Mean-That-Independent-Direc/43104

This is just Baddddd.

Lets just watch and see if the market is information sensitive.

Yayira:
Lol you don see small gain abi ? If you bought at 85 you should be feeling fine now
If profit takers no succeed tomorrow another 8-9%. Christmas gift from diamond

Perhaps the last few days was the right time to test that Buffet saying "Be fearful when others are greedy and be greedy when they are fearful".

I still feel upper double digit returns coming for speculators who jumped in @66k.

OBAGADAFFI:
Did anyone get this form, from CONTINENTAL
REINSURANCE PLC.

What is the best option for retail investors.

Take your cash.

The new shares of ContinentalRe Holdings to be issued in exchange wont even be in your name. It will be in the name of a nominee.

It will be quoted in mauritius and not Nigeria. How else can you be so far removed from your investment. Take your money and invest in another company.

fxuser:
diamond
- after 3 consecutive gaps ups , expect more sellers

#standard

Seer

DeRuggedProf:
ACCESS had and still has interest in DIAMOND.
Take it from me.
The problem is that this deal MAY never happen because ACCESS has a wounded elbow (check their tasere dividends)
They are too sharkish.

You are a sage.

onegentleguy:
I have just confirmed from a very reliable source that the said 3 banks with CAR (liquidity) issues that the CBN recently published a fortnight ago are;

-POLARIS BANK (formerly Skye bank)
- UNITY BANK
AND
- DIAMOND BANK.

Pls be guided accordingly.

DISCLOSURE: I currently do NOT own a single unit in any of the aforementioned stocks.
DISCLAIMER: NOT to be interpreted as any sought of investment advise. ...due diligence should still remain ur 1st priority !!

Hmmm...Wither Heritage Bank? That's the third one.

PETERiCHY:
UNIONDAC on full offer @25k now heading to N20k carpark.
BARGAIN HUNTERS take note.

*ThE OcToPuS*

Lol...

Leave them o. Dem get their own plans.

The first wife closest to him does not look happy.

He had only two wives during coronation 2 years ago, now there are five. That means every 2 years equals 3 wives

Mathematically if number of wives per year is x
therefore from known facts x=3/2 = 1.5

Assume he is on the throne for 25 years, there for number of wives in 25 years will be 25x
substituting for x = 25x1.5= 37.5 additional wives
Add existing wives at coronation you get 37.5+2 = 39.5 wives

Since we can't have hal a human being and knowing that man is inherently greedy, we approximate to next highest whole number = 40 wives


So the Oba may end up with 40 wives in the next 25 years

QED.

swilo:
Link: https://docdro.id/X5xBRKS

Thanks. Much Appreciated.

swilo:
It's not uploading right now but I will try later. Worst case, I can mail it to you.

Still not uploading...

Okay. Thanks.

DeRuggedProf:
Are you searching for deception?

I will like to read through. If you have it please post.

Who has got May and Baker Rights Issue prospectus. Please post here. I will like to go through.

Geespot:
Sweet..
Echem na Joshua na eme dieting? Nani ya ga ericha pasta nile a?

Nna...ihea abughi pasta na eziokwu. Pancake k'ana kpoya.