It is shame that Morgan cannot fix the issue of their expired security certificate since yesterday. It does not show them in good light. Clients should be safe on their site.

Elai147:


Nothing wey no fit happen for NSE. A stock declares dividend and market reacts positively to the news. Shareholders meet at AGM and say it is not good for the health of the company and at such the declared dividend should be cancelled- SEC does nothing about it. It has happened before.

No be IHS plc collect money from right issue finish come say dey wan delist finally from NSE.. .Our regulatory bodies ( NSE, SEC) are just too useless.

Born2berich:
Bros, it is either you come back to naija sharperly and collect your dividend or you sow it as a seed to wale tinubu fraudulent ministry. Choose one.

Well i pray they should be on ground till Janaury then after getting my dividend they are now free to fill for bankruptcy for all i care.

mercylicious:


This is more like it. When information are available, it helps investors to take informed decisions.
Dang flour, time to go down low.

When next Dangote wey sabi money is selling an asset, just know the asset is not worth buying.
Maybe its time for tiger consumer goods to close shop .who wants to put money is a subsidiary wey d parent don abandon?

.


GBAM!!! I always advise people to be extremely cautious inorder not to refer to KWASHIOKOR as POT BELLY .
OANDO IS NEXT!

High bids for UBA and TRANSCORP

gbolah4real:
High bids for UBA and TRANSCORP

Looks like market will soon turn bullish. Bids are high everywhere but people are bidding low.

mercylicious:


No going back? And sorry at the same time?


Nsempa rocks

Yes, yes . one love my sister . unity bank going, going ? back to koko,koko .

Oando Notice of General Meeting...

http://www.oandoplc.com/wp-content/uploads/OANDO-ADVERT.pdf

Raider76:


Looks like market will soon turn bullish. Bids are high everywhere but people are bidding low.

Yes some stocks are BULLishly conspiring....

@Ihedioramma u should know better than to think Unity Bank will land at 50k. It will only get to 85k - 90k and then head back to 130k-150k

#i should know

myjoy084:
Oando Notice of General Meeting...

http://www.oandoplc.com/wp-content/uploads/OANDO-ADVERT.pdf

I knew the this is going to happen immediately that results came out.

Notes:
Resolution 8: Approval for Debt to Equity Conversion

BREAKING DOWN 'Debt/Equity Swap'

A debt/equity swap is a refinancing deal in which a debtholder gets an equity position in exchange for cancellation of the debt. The swap is generally done to help a struggling company continue to operate (after all, an insolvent company can't pay its debts or improve its equity standing). However, sometimes a company may simply wish to take advantage of favorable market conditions.



Read more: Debt/Equity Swap Definition | Investopedia http://www.investopedia.com/terms/d/debtequityswap.asp#ixzz3rl79nOoc

.

Govtspy:


Oando will soon become a shell company.

pls which Shell? shell BP,oyster shell or snail shell

MTN gets Friday deadline to pay $5.2b fine...


http://thenationonlineng.net/mtn-gets-friday-deadline-to-pay-5-2b-fine/

.

gbolah4real:
@Ihedioramma u should know better than to think Unity Bank will land at 50k. It will only get to 85k - 90k and then head back to 130k-150k

#i should know

thank's dear, but 85k-90k is it not kobo,kobo? one love . stockbull good day, long time ?

Chibuking81:
There is abundant opportunity now to invest in the Nigeria stocks.

my brother that is 1000% truth but were is the money to invest? allways like this every year .any way if i have any i will try if it is fcmb or skye bank my money can get . just look as rich man(born 2be rich,sister mercy,manie and 9free) just they make money with uba,fbnh,access and oando this days with jijo.

myjoy084:
MTN gets Friday deadline to pay $5.2b fine...


http://thenationonlineng.net/mtn-gets-friday-deadline-to-pay-5-2b-fine/

i think they has gave them more time to pay up?

Please all, I can't access Morgan's itrade to login and view my accout
What's happening? pls i need your response

Justcul:
Please all, I can't access Morgan's itrade to login and view my accout
What's happening? pls i need your response

please i need your response on the above

Justcul:
Please all, I can't access Morgan's itrade to login and view my accout
What's happening? pls i need your response

I experience same today, but I kept on trying up to an hour, till it when through.

Chibuking81:
Brother Ihedioramma, I have started taking position, seriously I found these stocks worthy to invest in, they are: FBNH, Oando, Dangote sugar, Eterna, afriprudent, Transcorp, I will still look at the way of Nestle, 7up, dangote cement, sky bank, Zenith Bank, fcmb, access, okomo oil, Julius Berger, UBA, cutix cable, conoil and CCNN. Truly, too much money to make in the Nigeria stock exchange market.

na all the nse you wan buy

did i hear you well,,,,,you found oando worthy to invest in,,,,,, OYO

Chibuking81:
I experience same today, but I kept on trying up to an hour, till it when through.

Thank you bro

currentprice:


na all the nse you wan buy

did i hear you well,,,,,you found oando worthy to invest in,,,,,, OYO

yes oando is good for jijo or long term if you know how it works . i think this month oando was at 5.99 letter enter 8.50 befor 7.71,7.70, and 7.35 now . this time to make it .

Chibuking81:
Brother Ihedioramma, I have started taking position, seriously I found these stocks worthy to invest in, they are: FBNH, Oando, Dangote sugar, Eterna, afriprudent, Transcorp, I will still look at the way of Nestle, 7up, dangote cement, sky bank, Zenith Bank, fcmb, access, okomo oil, Julius Berger, UBA, cutix cable, conoil and CCNN. Truly, too much money to make in the Nigeria stock exchange market.

yes o .

Yay!!!! Finally I can pass comment on this thread. I don wait tire. Haba!!!

Anyway, its great to be here...now let me quickly dolt out my own 'tubum tubum' analysis

My take on the Oando right issue is that it has a positive and a negative side to it (obviously).

On the positive side, the company can easily settle the debt it has inqured in acquiring the COP assets. The last time I checked, the debt stands at about $500m, so with $402m raised from the Rights and the divestment of the Power and Gas business, the debt can be significantly reduced.

The negative part of the Rights will be the massive OS. I think with the Rights, Oando's OS will be about 40billion. That will be the highest in the Oil and Gas sector and probably the highest on the bourse. So Oando shareholders shouldn't be expecting any N1 dividend any time soon. As long as crude oil price continues to trade downwards, and assuming Oando finally returns to profitability, my guess is that the highest dividend Oando will be able to give will be between 10-15kobo....However, If there's a major rebound in crude oil price, I think they will be able to afford giving a significant higher dividend...a company like FBNH has about 35billion OS yet gives over N1 dividend yearly....with crude price trading between 80-100, I'll want to think Oando can rake in considerable more profit that the Elephant. (A cynical mindset will think, fbnh care about their shareholders, Oando does not give a hoot- I concur. So potential investors, should be wary of that). Another downside of the Right issue is the possibility of a reconstruction later in future...one can't rule that out...but I don't see that happening soon. Maybe in two or three years when the company has start announcing profits and investor confidence has returned. Then they'll shock us all with a reconstruction announcement. . Then PeterRichy will come out with "the Octopus told you so" and Born2berich with the "JokeOfTheYear" has done it again

Anywayz, in myjoy's voice #It Is Well . Its nice to meet you guys, I hope I enjoy being here. #peace

[quote author=Chibuking81 post=40131537] I experience same today, but I kept on trying up to an hour, till it when through.
Try different browsers, am sure one will respond fine.