elo4best:
God help me o I just committed 15k on top Corkcity I have to recover at least 40% of weekend lost...corkcity make una no fall una guy hand

OnePunchMan:


Hello,

Unfortunately I can not see your cart. Please post individual links of your items here. Thank you

Agbalowomeri:
Which company is good to drag down to 1kobo?

safepaulooo:


Sanusi, Mangal can’t stop Oando’s forensic audit – Group
Business – Punch Newspapers / Taiwo Ojoye / 2 hours ago

The Oando Shareholders Solidarity Group has said the intervention of the Emir of Kano, Muhammadu Sanusi II, in the face-off between the company and one of its aggrieved shareholders cannot stop a forensic audit planned by the Securities and Exchange Commission.

The Coordinator, OSSG, Clement Ebitimi, said that while his group was not against the peace accord with Alhaji Dahiru Mangal brokered by Sanusi, the issue of the forensic audit bordered on financial mismanagement, insider dealings, abuse of corporate governance and infractions of the Investment and Securities Act, 2007.

Ebitimi said in a statement, “For the avoidance of doubt, the forensic audit of Oando ordered by SEC is not about Alhaji Dahiru Mangal. The audit is about series of infractions of the Investment and Securities Act, 2007 uncovered in the company by a preliminary investigation ordered by SEC.

“SEC’s preliminary findings established serious concern to the existence of corporate governance, gross abuse of corporate governance and series of manipulations and financial management in Oando Plc.”

Coolcash1:


That is how cowboys make things happen.... The grouse of the petitioner could be that JAT et al were whacking the cookie jar alone without extending same to his side. Now that he has been brought on board, that is the end of the fight and by extension investigation....

No, the petitioners never had a grouse. It was all about business interests.

Someone thinks he can't do business with Oando once his refinery come on stream. He only used those guys as fronts.



_{If any NSEMPA still believe something positive will come out of the forensic audit then, you need to see a psychiatrist...honestly...} [right][/right][b][/b]

wanaj0:


The problem with OandO has little to do with SEC. The problems were there before the Mangala petition. The Ansbury petition is still pending.

Would really like to understand what the attraction is to OandO by any investor.

wanaj0:


Only an ignorant person will fall for the lies! what good news will eradicate account qualification by an auditor? When an auditor doubt your going concern! Of course many investors dont even read the annual reports

Chibuking81:
Please dear friends, I have some questions on Oando, and seriously needed an answer.

When will Oando forensic audit commence?, or has the audit commence already?
If yes, how long will it take, i.e, how many weeks or months. If after the audit, the findings indicate administrative wrong doing, please what will be the fate of the current management, and what will be its effect on the Oando share price, north or south movement?

These days, I see Oando share market movement, some times on full bid, after a while it will be on fully heavy offer.
Who is biding and who is offloading?

PharmAlfred:
The guy selling Access Bank is on another level. He should just do a cross deal at whichever price he wishes.

janykute:

I am now aware of any memo,all he did was indicating interest in the stock and everyone thinks it's the best time to sell.

Investnow2017:


Did the Octopus issue a memo This is a huge joke. Anyway, I will proceed and take the worthy risk. Access is it, and this is 2018 UNLESS something has really changed

PETERiCHY:
DiamondBk= Idle Fund
Wapco =Treasury Bill Fund
Transcorp= Idle Fund
AccessBk= Treasury Bill Fund
2018 = The GAME

*ThE OcToPuS*

omenkaLives:
And your brothers and sisters being used as slaves in Libya and killed like dogs, prøstitutes in Italy, and drug couriers in Malaysia, what have you great warrior said about them?

If my comments cause you so much pain, hang yourself.

omenkaLives:
This one has finally found respite from criticism in this crisis.

Ortom as a governor can't absolve himself of blame from what is going on. He has contributed his fair share to it.

And while feigning innocense and affection for the people of the state, alot more people have died from far more preventable courses like hunger and inability to procure simple medicare under his watch.

The only people that seem to be living well in the state as the moment are political appointees and BSU staff. Majority of parents can't afford to send their wards back to school because this fool has refused to fulfill his obligations as the governor of the state, owing up to twelve months salaries at the local government level.

Yet he pretends to care.

Repugnant hypocritical kleptomaniac.

Agbalowomeri:


We have overstudied that coy. Very good fundamental and dividend pay. However you can remained locked up here because of liquidity. As a result it also difficult to move the stock's price because it appears it is difficult to get a block sale of 50,000 units at a go. Those holding it are doing so tightly

daddymgg:
Good evening my fellow brothers.
Their is the stock we seems not to mention in the dis forum but i have been giving it a DD and I am still holding back..
Its MRS PLC..
Please does anyone have an insight or idea about the fundamental of the oil firm because i want to buy next week but i just need the gurus in the house to comment pls..

Thanks

Agbalowomeri:


Assumptions:

1) That the 7.5% gap will be invested in equity. Note it is a cap, not a must
2) Do they all have the same investment strategies?

Agbalowomeri:


I am not trying to predict the market o. I have only written MY OWN timelines on my plans

Edit:
[b]Just to add that the expectations you have put out are what is being priced-in at the moment (IMO)
[/b]Mr. Market is the king however

Agbalowomeri:


1st week of February

However at that time I may look to see if I could arrange a quick 20% of Afriprud

Next real attack; end of April to exit end of May - another feast on banks

Last attack for the year in June: Flourmills

Disclaimer: You are on your own o. Me na weather o

Jarus:


If you don't know Debola Williams, not anyone's fault.

Investnow2017:



As at yesterday my SIMMF was 16.8%. Will always be 1 or 2% higher than TBills

haibe:


Is this really the effective yield for a 1 year period? If interest on t bills are indeed paid upfront (when you place the investment); then this gives an advantage such that the interest received upfront can be reinvested.

In other words my own calculation of the yield to maturity will go this way.

Yr 0: CF: (6,880,000) + 1,120,000
Yr1: CF: 6,880,000

My financial calculator tells me the effective interest rate is actually 19.4%

Can someone correct me pls?

Thanks