I don JO.....

locodemy:
but why?no be this fbn people jumped in thru the window scrambling to buy at #5.00 some months back?The same stock is now begging me to buy it.........ok i think i can show it mercy at #2.00 by March.

ewoooo! people's fingers get burnt day by day..........i will advice everyone to allow stocks come to you and not u for stocks.

Even at 10 NGN last year.

This our Dangote Sugar no wan go downlow small

Youngzedd:
This our Dangote Sugar no wan go downlow small

Among the Aliko children........na the one he love most.

no go area

Ecobank Nigeria Plc has sacked 50 top managers of the bank as it struggles to stay afloat in the midst of biting economic hardship in Nigeria.

PM News gathered that the rank of those sacked ranged from Assistant General Manager, Deputy General Manager and above whose monthly salaries range between N1 million and N2 million.

The affected top management staff of the bank were handed their sack letters from the bank’s head office in Victoria Island, Lagos, Southwest Nigeria on Tuesday.

A source in the bank told PM News that the bank has been going through tough time as a result of crippling economy, occasioned by dwindling oil prices and the crumbling of the naira to dollar.

The source said the bank had been undergoing restructuring in recent times in trying to survive in a fast collapsing Nigeria economy.

According to the insider, the source of revenue to the bank had trimmed since the hardship began biting hard, noting that, it is afecting all Nigeria banks and that since Ecobank had not been making money, there was no way it could continue to pay the huge wage bill of top echelon staff which ranged from N1 million to N2 million.

“Ecobank is not the only bank facing the biting effect of the economy and the bank is only trying to trim its wages,” the source told PM News.

Adding that “since those at the top earned more, it decided to sack many at the top level”.
http://www.pmnewsnigeria.com/2016/02/24/flash-ecobank-sacks-50-top-managers/

Youngzedd:
I don JO.....

for which one

zik4ever:
Ecobank Nigeria Plc has sacked 50 top managers of the bank as it struggles to stay afloat in the midst of biting economic hardship in Nigeria.

PM News gathered that the rank of those sacked ranged from Assistant General Manager, Deputy General Manager and above whose monthly salaries range between N1 million and N2 million.

The affected top management staff of the bank were handed their sack letters from the bank’s head office in Victoria Island, Lagos, Southwest Nigeria on Tuesday.

A source in the bank told PM News that the bank has been going through tough time as a result of crippling economy, occasioned by dwindling oil prices and the crumbling of the naira to dollar.

The source said the bank had been undergoing restructuring in recent times in trying to survive in a fast collapsing Nigeria economy.

According to the insider, the source of revenue to the bank had trimmed since the hardship began biting hard, noting that, it is afecting all Nigeria banks and that since Ecobank had not been making money, there was no way it could continue to pay the huge wage bill of top echelon staff which ranged from N1 million to N2 million.

“Ecobank is not the only bank facing the biting effect of the economy and the bank is only trying to trim its wages,” the source told PM News.

Adding that “since those at the top earned more, it decided to sack many at the top level”.
http://www.pmnewsnigeria.com/2016/02/24/flash-ecobank-sacks-50-top-managers/

I hope those sacked saw this coming and have made necessary investments and plans before they were asked to take a bow.

Born2berich:
When month of may comes, I hope you won't give us another excuse for not buying.

are you looking for an excuse, I believe my spirit because it never disappointed me. Thank you for your understanding.

before buying a stock,you should get the intrinsic or fair value of the stock and discount your margin of safety which differs from investors.
this is to avoid shifting your buy target price.
eg if the fair value of zenith is #11 then I can start buying now cause its below my calculated fair value.
but what if the price keeps dropping without any info/ news at my disposal I'll be tempted to buy more.
Truth is there is a percentage the price must drop to before I'm expected to buy more.
not buy @ 10.99 then 10.55 later 10 or 9 this is RUBBISH TO ME(sorry to use this word) cause it follows no ideology.
this has never failed

though I start from SWOT analysis before looking @ fair value

I pray that this ill wind of profit warnings should steer clear of Zenith and GTB
to not crash this market altogether.
I'm also fairly hopeful of UBA because of the contributions of their many African branches,
many in countries not dependent on crude oil for their economies.

Youngzedd:
FBNH NEW LOW

3.47

The multi year low is 3.28.

bigjay01:


The multi year low is 3.28.

I was actually referring to 12 months low.

Be Greedy when others are fearful.

Youngzedd:
Be Greedy when others are fearful.

Well as long as that greed does not send you to grave

Youngzedd:
Be Greedy when others are fearful.

This new born bear could it b becos of xpected bad results

Agbalowomeri:


Well as long as that greed does not send you to grave

Money was here before we were born, it will be here till we're no more.

Hence there's life, there's hope.

Krisuba:


This new born bear could it b becos of xpected bad results

Every every.

Will transcorp hit below 1 Naira again


I missed the opportunity

Youngzedd:
Will transcorp hit below 1 Naira again


I missed the opportunity

Most likely. History repeats itself, especially NSE price history.

Just for the record and encouragement for those still in.
Am still loaded with FCMB (37% of my portfolio).

IHelp:
Just for the record and encouragement for those still in.
Am still loaded with FCMB (37% of my portfolio).

my brother enjoy jare.
nothing do you

Intendy:

my brother enjoy jare.
nothing do you

Did i hear u say enjoy?grasschopper wey don burn finished for frying pan na the thing u dey say oil don full the body?

kai if this finger burnt na enjoyment,tell them u no see me.

manie:



I hope those sacked saw this coming and have made necessary investments and plans before they were asked to take a bow.

b4 nko? with their exposure n experience, any of them that isnt prepared is to be blamed.

i heard most banks are planning to cut staff cuts b4 end of april. it could either mean sack or cut in wage.

locodemy:


Did i hear u say enjoy?grasschopper wey don burn finished for frying pan na the thing u dey say oil don full the body?

kai if this finger burnt na enjoyment,tell them u no see me.

its enjoyment cause the Yoruba's will say
omuti kin se apa,Owo ara e lo nfi mu.(a drunk is not stupid cause it is his money)
if he over drinks and enter gutter na still enjoyment cause na mini swimming pool he enter.

I bought 56000 units of fbnh @ 3.53 last month,but failed to sell when it got to 4.25 due to a problem or the other.now is 3.47 and wish to acquire more today to sell first week of march.

betcindy:
I bought 56000 units of fbnh @ 3.53 last month,but failed to sell when it got to 4.25 due to a problem or the other.now is 3.47 and wish to acquire more today to sell first week of march.

chai money is good
kontinu

betcindy:
I bought 56000 units of fbnh @ 3.53 last month,but failed to sell when it got to 4.25 due to a problem or the other.now is 3.47 and wish to acquire more today to sell first week of march.

yes yes yes,you have a very very very good point here.you can also sell your house and everything you have to buy @ 3.30 today...........by March as you said i will join you when your face go don be like mr ibu or obasanjo's face.

betcindy:
I bought 56000 units of fbnh @ 3.53 last month,but failed to sell when it got to 4.25 due to a problem or the other.now is 3.47 and wish to acquire more today to sell first week of march.

brother,, go ahead and buy the stock if the money is not borrow fund and you don't need the money very soon.

if you follow the guy above me,, you will miss many opportunities,, he is here for an entertainment

betcindy:
I bought 56000 units of fbnh @ 3.53 last month,but failed to sell when it got to 4.25 due to a problem or the other.now is 3.47 and wish to acquire more today to sell first week of march.

how much will it be in first week of march ?