Warm Greetings to the entire house, nice job we are doing here.
I used to read this thread like 2 years back but really didn't understand and didn't have fund then buy now I think I can start with little sth.
Please I have few questions.
1. I have been reading to know how and where to start buh I don't think such discussion have ensued here. If I am wrong, kindly refer me, I would be glad to read.
2. My dad bought 500 naira shares with FBN for me while I was still in primary school and I receive like 2000 naira dividend annually, so can I buy more shares into the old ones and how do I go about it.
3. The issue of having a stock broker is not really clear. Foe what purpose and how do I start.
4. Is it possible to invest from abroad.
5. Is there a better stock right now where I can invest because I really don't know much about all these.
And any other information that would be helpful will be highly appreciated. Thanks and have a great day ahead. One love.

Oil price today is $46.28


http://oilprice.com

lovean:
pls pal vote for my frend optional for miss naira land contest 2016 .....her user name is optional. number 12 on the list of contestants........ tank u soo much...much love.....once u enter the romance section u will see miss naira land contest 2016 verification....... pls vote for my frnd ...tnx.

I laugh in spanish...vote ke? Wen my brain is rebooting searching for d stock to accumulate..issokay..motigbo

Today Is Access bank Plc pay day!

Another good day for us!

Why are people not allowing Ucap to fall to our reach?

I am in agreement to this assertion below! Making provision for non-performing or bad loans in the banking industry is a way of shortchanging investors and it leads to mediocrity and inefficiency in the banking sector!

EDUECO:
I am in agreement to this assertion below! Making provision for non-performing or bad loans in the banking industry is a way of shortchanging investors and it leads to mediocrity and inefficiency in the banking sector!

I am in agreement.

EDUECO:
I am in agreement to this assertion below! Making provision for non-performing or bad loans in the banking industry is a way of shortchanging investors and it leads to mediocrity and inefficiency in the banking sector!

Thirded!

Ok so when banks make provisions for non performing loans and for projected asset deterioration, the profits are impacted. What happens when the loans start performing and when the assets re-gain value? Will they make "REPAIRMENT PROFITS"? Anything less than that is a huge scam.

http://www.nasdaq.com/markets/crude-oil-brent.aspx

Oil recovery trend

Manonamission:


Full impairment was made for this. It was case of business gone bad. FBNH held 42% equity stake in Seawolf. When AMCON took over as receiver for Seawolf, full impairment was made by the bank. I would say the board was reckless and too adventurous.

Full impairment was made...as in there was no consideration?

Nigeria for us
Brent oil =$ 46.72
Updated 09:50:56

Current price of Brent Crude Oil.

megainvest:


Thirded!

Ok so when banks make provisions for non performing loans and for projected asset deterioration, the profits are impacted. What happens when the loans start performing and when the assets re-gain value? Will they make "REPAIRMENT PROFITS"? Anything less than that is a huge scam.

The provision is in line with regulatory and accounting standard (IFRS). The objective is not to short change investors or shareholders but to protect their investment from aggressive and reckless decisions defying corporate risk management framework of the Board and management. If the obligation on a loan is not fulfilled by way of borrower's default, it is expected, where there is no modification of loan terms and conditions, that full or partial write down of the loan should be done. Reporting such toxic asset will misrepresent information and the principle of true and fair view would be defeated. I think what banks need to do is to step up their risk management and the credit and risk committee of the board be strengthened.

Please can somebody tell me the offer/bid FBNH ended with in yesterday's trade

Did anyone buy into the Private Placement done by Petdrill Petroleum some couple of years back. ANy news about it

debeey87:
Did anyone buy into the Private Placement done by Petdrill Petroleum some couple of years back. ANy news about it

one chance......voicemail

why the current high bid for access bank? budget to be passed in a matter of days, these are positive news for the market.

all profit warning banks are seriously making good wave this morning! what maybe the cause!

all profit warning banks are seriously making good wave this morning! what maybe the cause! see ucap

rebekah2011:


This wont work again. Investors are now wiser. Of what value is a fantastic unaudited results only for the thing to change when audited.

Looks like investors are still being fooled by this tactics. FBNH gaining this morning, thought it would be on full offer

nio68:


Looks like investors are still being fooled by this tactics. FBNH gaining this morning, thought it would be on full offer

People are heavily loading FBNH @3.40 behind the scene.. You better take position before it will be late.

Please house what is price of fbnh

nija4us:
Please house what is price of fbnh

bid 3.41/ offer 3.44

.

Celine Dion. it's all coming back to me now

BMZK:

People are heavily loading FBNH @3.40 behind the scene.. You better take position before it will be late.

Love this analysis Fbn with 2.9 trillion (17% of market share) in customers deposit as compared with GTBank 1.6trillion (9% of market share). See how GTBank is utilising and being efficient with theirs. People are buying FBN now because of the perceived low price, though money will be made in the short term. I can however bet that 5 years from now Zenith, GTBank, UBA and FCMB will offer better returns not to mention other better stocks out there.

rebekah2011:


Love this analysis Fbn with 2.9 trillion (17% of market share) in customers deposit as compared with GTBank 1.6trillion (9% of market share). See how GTBank is utilising and being efficient with theirs. People are buying FBN now because of the perceived low price, though money will be made in the short term. I can however bet that 5 years from now Zenith, GTBank, UBA and FCMB will offer better returns not to mention other better stocks out there.

People are betting on the fact that the new management of FBN would be far better than the past one!

I loaded earlier at N3.03 and was waiting to load more at lower price....obviously its not gonna happen soon..

so na siddon look I dey now!

Nna mehn, economy di bad.

@All keep the hustling spirit alive.

We gotta make money this year, even in this harsh economy, money must be made.

THANKS

Pesuzok:
bid 3.41/ offer 3.44

UCAP going to heaven

Did LIVESTOCK declare any dividends?