emmaodet:


Okay, well noted.
Doest FSDH also accept dollar fund as a collateral like ucap? because i prefer that against devaluation compared to naira MMF as collateral with Stanbic

United Capital is Asset backed, you borrow against your mutual fund investments to use the fund as you please either for your business, stock. Purchase etc


FSDH is margin loan, you borrow against your shares and bonds to strictly buy more shares and other financial assets

Duration for United Capital is 6 months with the option to rollover. During this 6 months you are not affected by upward review of interest rates by CBN. But when your loan matures and you wish to rollover your interest rate will be reviewed.


Duration for FSDH is 3 months with the option to rollover. During this period you are not affected by upward review of interest rate by CBN. Unless there is 2 consecutive upward reviews by CBN and you will be given 2 weeks notice to pay up or you accept the new interest rate

ACCESS Bank is being battered...no be small thing!
Modified: It's actually Red almost everywhere. Looks like the crash is coming earlier!

ositadima1:


53 units times 19.35 equals 1,025 naira and 55 kobo.

Chai thank you. This one is worthless.

mikeapollo:
Lol! Now I get the gist/trick! 😊
Frankly, the bottom line is the same. There is no fundamental changes/additions in the Oando-ENI deal announcements from what we had known several weeks ago.

You didn't get the gist but rather, you expected OANDO to resume on full bid but when it wasn't so, you decided to make excuse for the few offers still available!
Don't worry yourself, the Oando will still respond positively, if not to this news, it will respond to another soon coming one.
Don't play a smart trick here.
We can never say, it may even still end on full bid or closed higher than previous price.
I just decided not to include this comment in my first post with you in copy.

Any access bank/coronation bank person that'll call to follow up on the Access RI today, sorry in advance 🌚🌝

emmanuelewumi:



United Capital is Asset backed, you borrow against your mutual fund investments to use the fund as you please either for your business, stock. Purchase etc


FSDH is margin loan, you borrow against your shares and bonds to strictly buy more shares and other financial assets

Duration for United Capital is 6 months with the option to rollover. During this 6 months you are not affected by upward review of interest rates by CBN. But when your loan matures and you wish to rollover your interest rate will be reviewed.


Duration for FSDH is 3 months with the option to rollover. During this period you are not affected by upward review of interest rate by CBN. Unless there is 2 consecutive upward reviews by CBN and you will be given 2 weeks notice to pay up or you accept the new interest rate

Okay, well copied.
Thanks very much

yMcy56:

You didn't get the gist but rather, you expected OANDO to resume on full bid but when it wasn't so, you decided to make excuse for the few offers still available!
Don't worry yourself, the Oando will still respond positively, if not to this news, it will respond to another soon coming one.
Don't play a smart trick here.
We can never say, it may even still end on full bid or closed higher than previous price.
I just decided not to include this comment in my first post with you in copy.

Haba, madam! When did you start reading people's mind online?
I never had any expectations about a full bid or full offer because as far as I am concerned, the Oando-ENI deal is done and sealed because NUPRC said so.
I have no reason to come here and be playing games of pretense. Who would I be deceiving and for what gain?
Rather I am looking forward to ProphetUtuocha and others who may have some additional positive news to share about Oando, and any other stocks

Ginalex:
Any access bank/coronation bank person that'll call to follow up on the Access RI today, sorry in advance 🌚🌝

In fact why did these banks decide to do the recapitalization at the same time as if they will not be competing for same money? After all they have 2 years to recapitalize.

Raider76:


In fact why did these banks decide to do the recapitalization at the same time as if they will not be competing for same money? After all they have 2 years to recapitalize.

The same thought crossed my mind.Who is really advising them to even come to market now with the hunger in town.The access girl that called me yesterday will know say I no get joy for watin I tell her.People are looking for money to buy food and other bills in this inflation. And you are calling them to bring money to bank.

That yeye company called international breweries. How long will it take them to tell us the outcome of the RI. I thought the parent company already had the money in a vault. Or the RI is still going on in the spirit world

unite4real:


better than Transcorp.

Transcorp hotel
EPS is 65k, floor price N98.40, Price to earning ratio is 158x

Ikeja
EPS is 62k, floor price is N7.10, Price to earning ratio is 11x

Somethings sell at a premium to it's peers for no apparent reason. In this case, it could be because transcorp belongs in a tortoise ecosystem, in mankind's speak, while ikeja stands alone. The day one useless board comes over ikeja, your investment will get catarrh. But it's a great buy right now if you can see it.

Streetinvestor2:
That yeye company called international breweries. How long will it take them to tell us the outcome of the RI. I thought the parent company already had the money in a vault. Or the RI is still going on in the spirit world

Not really.
It's worth 1Malt + 1 Meatpie...

Superex:


Chai thank you. This one is worthless.

unite4real:


Transcorp hotel
book value per share is N7.34 while current market price is N98.4

Ikeja
book value per share is N11.4 while current market price is N7.10

You don't know that transcorp hotel price is among the 8 wonders of the planet created by Tony ..lol.It moved from #6 plus to #100 breaking any sense in nse world

Don't conclude in a hurry. Wait till Mon 29th to 2nd August before you conclude. Then the Pension Fund will bring their monthly bull

Picky1:
ACCESS Bank is being battered...no be small thing!
Modified: It's actually Red almost everywhere. Looks like the crash is coming earlier!

Picky1:
ACCESS Bank is being battered...no be small thing!
Modified: It's actually Red almost everywhere. Looks like the crash is coming earlier!

CRASH