₦airaland Forum

vivie01:
Will you please keep this your ranting to yourself!

Only if you arent too lazy to read what led to him being called to order, you would have known that he wasnt telling the stock he was loading but rather posting misleading information.

It's been said times without number for pple to add caveat to avoid this kind of scenario. And who says its all about newbies? By their fruits/ speech, you shall know them.

They wouldnt listen! A dog does not hear the whistle of the hunter when it wants to get lost'.

@Loco, you dont have to change the subject matter again, you know what you did wrong (you are good at that anyway). You encouraged pple not to sell while you are busy exiting ur positions (so you say/claim anyway) and you know some of ur followers trust ur judgement. God dey!

ukay2:
Bloody fcmb result....when AUDITED......CASALA go break....


Oga locodemy......u see your life..

Best results so far....Nestle, Dangflour, Dangsugar etc

Intendy:
stock with new 52 week highs

dangote sugar #10.86k

Nestlé #1003.27k

air services #5.01k

ETI #17k

GTB #41.00k

No new 52 week lows

stcool:
http://www.nse.com.ng/Financial_NewsDocs/19104_NEIMETH_PLC-NINE_MONTHS_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

robobo:
lolllllllllllllllllllllllllllllllllllllllllllllllllllllllllll

ol boy u no go kill person oooooooooooooooooooo

na real bermuda triangle

mayb dat is y oando registered a subsidiary in the bermuda (as reportred by sahara some moons ago).

so that the profits can be well swallowed

lollllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll

stcool:
Exactly, see what Seplat did to hedge price volatility H2 2017.

http://www.nse.com.ng/Financial_NewsDocs/18994_SEPLAT_-_HALF-YEAR_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf

Hedging
"The Company had in place dated Brent puts covering a volume of 1.99 MMbbls over H1 2017 at a strike price of US$47.0/bbl
resulting in a realised hedging loss of US$10 million in the period. Over H2 2017 the Company has in place dated Brent puts
covering a volume of 1.70 MMbbls at a strike price of US$50.0/bbl. The board and management continue to closely monitor
prevailing oil market dynamics, and will consider further measures to provide appropriate levels of cash flow assurance in
times of oil price weakness and volatility. "

Don't know if Oando would learn from it

pluto09:
I dont believe the story! efcc and propaganda

Coolcash1:
https://www.thecable.ng/efcc-recovers-n329bn-forte-oil-oando-total?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ThecableTopStories+%28TheCable+»+Top+Stories%29

Oando again?

Tritri:
@stcool I dan finally enter fbn ooh..BUT wat happened at market close today fear me ooh..what do u tink?

stcool:
Can he just focus on stabilizing the Naira. Thank you

I don't know why most CBN governors hate the stock market.

In a bubble? He should wait when we cross the 52,000 market cap. We ain't started yet. He should check out Wall street, they have blown past pre market crash highs and keep printing new highs. Those shorting the Dow are still in pains of funding their accounts.

9free:
I just dey laugh.......But na these guys mates dey mine copper, gold, diamond and platinum around Africa. Why this guys cannot do same in Nigeria weak me.

Coolcash1:
I believe you have done your DD before the dive... Ordinarily the uncertainty here is downside risk which can be mitigated assuming trading of derivatives exist in the market...Risky investments like this are well managed by combining such stocks with a suitable derivative instrument that not only guarantee expected return but also eliminate credit risk.

emmanuelewumi:
It is 25.3% per annum and not monthly. If you pay back both principal and part of the interest monthly due to reducing balance it will be less than 15% at the end of the day.

emmanuelewumi:
Finally got the loan at 25.3%, but was told that if I had used a fixed deposit as a collateral I would have gotten a loan from them at about 17%.

DeRuggedProf:
Meanwhile, some of us are feeling you are the real deal, to invest in, RED-OIL ....
The paradox of life, high yield RED-OIL looking for low yield bonds....

locodemy:
pls i am still a learner.
i need to learn how capital appreciation is being declared pls.
Thanks sir.

bolabiyi:
chai....wetin person go buy now for dis market sef..I just tire...never bin dis careful...

lancee:
http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares
African prudentials acquires 6% uba shares
AFRICAN Prudential Plc, in a special off market transaction, has acquired 2.08 billion units of ordinary shares of United Bank for Africa, UBA Plc, at N9.47 per unit amounting to N19.7 billion.

Read more at: http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares/

fxuser:
TOE wrote the Cowboy manual !
From Nnewi

locodemy:
Is this transactions different from the one of Tuesday where they informed us of share buy back from UBA?
pls i need clarifications from this transactions.is it in favour of UBA shareholders or APR shareholders since both stocks are listed differently and ever since UBA divested from APR,nothing holds them in common again.

ppls who knows better.........?

PETERiCHY:
Wimbledon legend Boris Becker lost a huge part of his £100million fortune in dubious investments in Nigerian oil firms, it has been claimed.

German news magazine Der Spiegel – citing documents from soccer whistleblowing platform Football Leaks – said Becker struck the deal in 2013, which contributed to his recent bankruptcy. Spiegel said the ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker,

Boris Becker 'lost his £100m fortune investing in Nigerian oil firms that plunged in value'

Becker struck the deal in 2013, partly brokered by a Nigerian employee of his
But the investments tanked and last month he was declared bankrupt
His lawyer told a London court that he is not financially 'sophisticated'
Becker is bankrupt, and owes undisclosed sums to London bankers
Wimbledon legend Boris Becker lost a huge part of his £100million fortune in dubious investments in Nigerian oil firms, it has been claimed.

German news magazine Der Spiegel – citing documents from soccer whistleblowing platform Football Leaks – said Becker struck the deal in 2013, which contributed to his recent bankruptcy. Spiegel said the ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker,

Becker struck the deal in 2013, which contributed to his recent bankruptcy
Tennis champion Boris Becker declared bankrupt.

It said documents show that in July 2013 Becker held shares in an oil and petrol firm in Nigeria. But the investments tanked and last month..

http://www.dailymail.co.uk/news/article-4701824/Becker-lost-100m-fortune-investing-Nigerian-oil.html?ito=whatsapp_share_article-masthead

OANDO sending investors to early grave from time immemorial.

OBAGADAFFI:
I know it's typo.

But i wish that price is real.....

emmanuelewumi:
Another important thing is to do ones homework, build your cashflow, acquire tangible assets which financiers reckon with, have a plan B, be confident and NEVER be desperate for their fund.

I guess she acted that way because that was my first loan from First Bank, I have always gotten loans from UBA and First Capital in the past and always paid back before the due dates.

emmanuelewumi:
Bankers can be funny if you not confident and know what you are doing.

I was in my bank this morning to get a loan, the officer first asked of where I work. I told her that I am self employed, then asked for the name of my business which I gave to her.

She then asked for my account number and that of my business, my business and I both have an account with First Bank.

After she saw the turnover on the account she was impressed, asked for the value of loan I needed and duration of the payment.

She then asked for collateral, I didn't want to use my shares, but my Treasury Bill Investment as collateral.

She said for her to ask to proceed with the loan application my Treasury Bill MUST be converted to fixed deposit. Because there was no way she could place a lien on Treasury Bill, since it is in custody of Central Bank.

I reminded her that what I have in NTB is 5 times the value of the loan, and when the TB matures it would be paid back into the account.

I told her to forget about the loan that I was no longer interested, before she spoke to her oga and the man told her that my loan application will fly.

I have applied for the loan, the lady has called me thrice today apologising for her behaviour. The fund should hit the account by next week.

I am not sure if First Bank scrutinizes the guys who took loans of about 200 million dollars which went bad, like the way they scrutinize small guys and businesses who need just N1 million or less.