angrybull:


I appreciate your kind advice I believe in inherent value of that stock. I believe we will all smile soon

Yes, bro...not advisable to sell it at huge loss. It usually appreciates fast whenever it wants to go up.
Focus on the ones that can profit you now.

AkinadeDare:






Yes, bro...not advisable to sell it at huge loss. It usually appreciates fast whenever it wants to go up.
Focus on the ones that can profit you now.

Sir, you are absolutely right. This is one of the key factors i take into consideration when trading/buying stocks: A stock that will gives me reasonable returns on my investment either in form of capital appreciation and dividends (especially companies that pay both interim and final dividend) . Don't ever worry about price fluctuations of Access Bank...they always make their smart investors smile when they are ready!

myjoy08:



Sir, you are absolutely right. This is one of the key factors i take into consideration when trading/buying stocks: A stock that will gives me reasonable returns on my investment either in form of capital appreciation and dividends (especially companies that pay both interim and final dividend) . Don't ever worry about price fluations of Access Bank...they always make their smart investors smile when they are ready!

Even if it want to do a skyebank? Skye paid a divident of 50kobo n fell from 5to 2 # todays price

Krisuba:

Even if it want to do a skyebank? Skye paid a divident of 50kobo n fell from 5to 2 # todays price

Sir, that is sarcasm. Stop kidding sir lol. Don't ever compare Access with Skye

myjoy08:


Sir, i understand your point but my little advise for you is that don't sell at a huge loss out of impatient. Believe me, the stock will bounce back and make u smile soon. Remember, storm don't last forever, and there is always a rainbow after the rain. Everything shall be well at the end!

Myjoy08 always spreading the seeds of encouragement.. meanwhile I bought my first tranche of access bank today after the stock hit my spiritual radar . This sowing season just got interesting!!!!

FranklinRich:


Myjoy08 always spreading the seeds of encouragement.. meanwhile I bought my first tranche of access bank today after the stock hit my spiritual radar . This sowing season just got interesting!!!!

Their bogus right issue was done at N9 so anything in the neighborhood of N4:50k is a bargain.

PETERiCHY:


Their bogus right issue was done at N9 so anything in the neighborhood of N4:50k is a bargain.

6:90k not N9, so.. meanwhile, why do you call it bogus rights issue?

angrybull:


6:90k not N9, so.. meanwhile, why do you call it bogus rights issue?

Have you forgetten the events that surrounds their right issue.

*It was initially pegged at N9.
*They suspended trading.
*later they brought it down to N6:90.

Now we are seeing how their shenanigans is playing out, they call themself AccessBank and now they are using that access to torment their shareholders

nawa this evanmed dey climb up small small oooo but i am skeptical

Michael11stock:
nawa this evanmed dey climb up small small oooo but i am skeptical

Infact, i wonder when this stock is planning to come down, its already on bid again this morning.

Tjohn1:


Infact, i wonder when this stock is planning to come down, its already on bid again this morning.

i just dey fear make man no jump in now then the thing come down lol like Japaul oil wey we no fit sell

Trial of treasury looters to start in weeks says Buhari
August 12, 2015 | Filed under: Exclusive,main story | Author: Elizabeth Archibong

4
President Muhammadu Buhari says his government will in a few weeks commence the prosecution of persons alleged to have stolen national resources.

HBuhari also said those who pillaged the national treasury would be tried in Nigeria, whether or not they returned their loot.

According to the president, those who have stolen the national wealth “will be in court in a matter of weeks and Nigerians will know those who have short-changed them.”

Speaking at a meeting with members of the National Peace Committee led by Gen. Abdulsalami Abubakar in the Presidential Villa, President Buhari declared that his administration was irrevocably committed to doing all within its power to break the cycle of corruption, treasury looting, unemployment and insecurity in Nigeria.

“Nigeria has to break this vicious circle before we can make progress,” the President said in a statement issued by the Presidential Spokesman, Femi Adesina at the end of the closed door meeting between the President and the committee.

He said it was time the country broke the vicious circle of corruption and impunity so as to make progress, adding that his administration was diligently gathering facts and figures pertaining to the nation’s stolen funds, before proceeding to the prosecution of identified culprits.

The Peace Committee had earlier told journalists at the Presidential Villa that members were not averse to the President’s corruption crusade but concerned about the process involved.

Buhari-angry

President Buhari had also during the meeting, told General Abdulsalami and members of the committee that the Federal Government, under his watch, will ask for the return of stolen funds that have been stashed in foreign banks and ensure that those who stole the funds answered for their offence.

The President also said that as part of actions to address the national problems it inherited, his administration is reorganising the country’s revenue generating institutions.

Buhari had also explained that the Single Treasury Account (TSA) mechanism, had been established for all federal revenue to ensure greater probity, transparency and accountability in the collection, disbursement and utilisation of national funds.

“We have really degenerated as a country”, the president said. He added, “Our national institutions, including the military which did wonderfully on foreign missions in the past, has been compromised. But we are doing something about it. The military is now retraining and morale has been resuscitated.

“As petroleum minister under Gen. Olusegun Obasanjo in the 1970s, I could not travel abroad until I had taken a memo to the Federal Executive Council asking for estacode. Now, everybody does what he wants.

“That is why security-wise and economically, we’re in trouble,” President Buhari told the committee.

Gen. Abubakar and members of his committee urged the Federal Government to be guided by the rule of law in its fight against corruption.

Members of the National Peace Committee who accompanied Gen Abubakar on the visit were Bishop Matthew Hassan Kukah, Alhaji Sa’ad Abubakar, the Sultan of Sokoto, Cardinal John Onaiyekan, Pastor Ayo Oritsejafor, President of the Christian Association of Nigeria (CAN) and Archbishop Nicholas Okoh, Primate of the Anglican Church of Nigeria.

Others are Justice Rose Ukeje (rtd), Ameze Guobadia, Vanguard Newspaper Publisher, Sam Amuka, Priscilla Kuye, Senator Ben Obi, Yunusa Tanko, and Arthur-Martin Aginam.

The National Peace Committee which was formed before the 2015 general elections has been granted permission by the President to transform into the National Peace Council.

Elizabeth Archibong
FROM BUSINESSDAYONLINE

Seems analysis here on Access bank has spiked a buy on the stock

Heavy volumes trading on Access Bank.................

Today that I bidded for afriprud at sub 2.8 ,see them offloading at 2.90.


@angelo,
Heavy vols? The question shld be- who is offloading?
That stock is being beaten.

This one Skye bank is trading at 2. This bank will soon find oil.

mercylicious:
Today that I bidded for afriprud at sub 2.8 ,see them offloading at 2.90.


@angelo,
Heavy vols? The question shld be- who is offloading?
That stock is being beaten.

I believe panic sellers that couldn't stand the bear on Access...........I hope you know many people are not confident about the market,thats why we trade on their ignorance............Is wrong time to offload Access..............

angelo82:


I believe panic sellers that couldn't stand the bear on Access...........I hope you know many people are not confident about the market,thats why we trade on their ignorance............Is wrong time to offload Access..............

Some people are dumping ,while some are buying the dumped stock

lancee:




Some people are dumping , some are buying the dumped stock

Exactly.................

lancee:




Some people are dumping , some are buying the dumped stock

That is the joy of the market sir.

standardinsurance

angelo82:


I believe panic sellers that couldn't stand the bear on Access...........I hope you know many people are not confident about the market,thats why we trade on their ignorance............Is wrong time to offload Access..............

I strongly concur with you sir

This market is so dull today. What is happening?

PETERiCHY:


Have you forgetten the events that surrounds their right issue.

*It was initially pegged at N9.
*They suspended trading.
*later they brought it down to N6:90.

Now we are seeing how their shenanigans is playing out, they call themself AccessBank and now they are using that access to torment their shareholders

You are right but I think their initial rights offer price was 8:90 but was later pegged @6:90k . As you rightly said, i think any investor buying at neighbourhood of less than 5N is buying at a very good discount

FBNH is going home but Access is at home now............Hope Access will now start the journey to promise land................

angelo82:
FBNH is going home but Access is at home now............Hope Access will now start the journey to promise land................

Access just reach street, u no wan make im enter room and sleep; I mean good night rest?

Agbalowomeri:


Access just reach street, u no wan make im enter room and sleep; I mean good night rest?

Which eye rest be dat?..........Access no deserve any rest...........Access can rest at the promise land...........

Agbalowomeri:


Access just reach street, u no wan make im enter room and sleep; I mean good night rest?

Dr. friend, wetin dey happened in Afriprud? I hope is not going back to Egypt? Anyway, we are moving to Canaan land in a twinkle of an eyes

FLOUR MILLS OF NIGERIA PLC

Proposed Rights Issue by Flour Mills of Nigeria Plc (“or the ‘’Company’’) of 1,093,438,828 Ordinary Shares of 50 kobo each at N27.50 per share (the ‘’Issue’’)

Dealing Members are hereby notified that Flour Mills of Nigeria Plc (‘’Flour Mills’’ or the ‘’Company’’) has through its stockbroker; Stanbic IBTC Stockbrokers Ltd submitted an application to The Exchange for approval and listing of a Rights Issue of 1,093,438,828 Ordinary Shares of 50k each at N27.50 per share on the basis of 5 new ordinary shares for every 12 ordinary shares held.

The Qualification Date for this Rights Issue is today, 12 August 2015.

myjoy08:
FLOUR MILLS OF NIGERIA PLC

Proposed Rights Issue by Flour Mills of Nigeria Plc (“or the ‘’Company’’) of 1,093,438,828 Ordinary Shares of 50 kobo each at N27.50 per share (the ‘’Issue’’)

Dealing Members are hereby notified that Flour Mills of Nigeria Plc (‘’Flour Mills’’ or the ‘’Company’’) has through its stockbroker; Stanbic IBTC Stockbrokers Ltd submitted an application to The Exchange for approval and listing of a Rights Issue of 1,093,438,828 Ordinary Shares of 50k each at N27.50 per share on the basis of 5 new ordinary shares for every 12 ordinary shares held.

The Qualification Date for this Rights Issue is today, 12 August 2015.

Please what does this means? Share holders can only by the share at that price? Please explain to me the detail meaning so that I can understand....
Thanks

Hmmmm, nawa for NSE oh
I sold all my wemabank today @ a little loss around 2:27pm only to discover that someone mopped almost all d offer, leadind stock to gain @ 2:29pm
I am currently using my evansmed to console myself because I enter on monday
When r we 2 get out of evansmed because I no wan enter one chance?