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Nigerian Stock Exchange Market Pick Alerts - Investment (2570) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:38pm On Aug 28, 2017
robobo:


i dont agree

we only take side because we are at the receiving end (as minor / retail shareholders).

wht wld u say abt same foreign managers that use unscrupulous mean to take coy private or take more stake ( a la NBC, a la IHS and as presently might be going on in Guiness i.e. conversion of inter company loan to shares when the share price is seriousll depressed / challenged as a result of finance cost necessitated by same loan).

to me its just the shark world of captalism playing out. eat or ye shall be eaten


N.B: This is not to excuse mismanagers like Rufus Giwa / Bunmi Oni et al


...that's another angle to view it, however, morally and legally, it is wrong. That is simply conflict of interest and I am sure such a fellow signed the conflict of interest paper with his employer. It is required that if you have such business interest, you should resign from your position and not corner your employer's customers using your position as MD wrongly...
grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 2:38pm On Aug 28, 2017
Coolcash1:


This is wrong of Oando and its purely an attempt to scuttle the investigation process. The company should be sanctioned for the press release. You don't comment on matters of investigation until its concluded.

We are watching... grin


thought so too but they have been smart not to mention the basis of investigation (only alluding to the fact that they are cooperating) but only to out the person behind it so that their case might be in public court.

smart alec / lawyers them are (in oando).

one thing is sure though, from the couple of responses so far it seems Wale is truly shaken this time around which is good for his soul

cheesy cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 2:39pm On Aug 28, 2017
Mobil shares has been falling like no man's business since last week... grin Closed below N183 today...
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 2:42pm On Aug 28, 2017
robobo:


thought so too but they have been smart not to mention the basis of investigation (only alluding to the fact that they are cooperating) but only to out the person behind it so that their case might be in public court.

smart alec / lawyers them are (in oando).

one thing is sure though, from the couple of responses so far it seems Wale is truly shaken this time around which is good for his soul

cheesy cheesy

Honestly, Wale and his gangs have disappointed shareholders and its time for him to step down as MD...BY the way, I think SEC needs to also fix the tenure of listed company MDs. The era of having Mugabe-kind-of-MD should be eradicated. This way, corporate governance and financial probity is to some extent guaranteed.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 2:43pm On Aug 28, 2017
BullBearMkt:

...that's another angle to view it, however, morally and legally, it is wrong. That is simply conflict of interest and I am sure such a fellow signed the conflict of interest paper with his employer. It is required that if you have such business interest, you should resign from your position and not corner your employer's customers using your position as MD wrongly...
grin grin grin grin grin

my broda

dont get me wrong, it is totally wrong (conflict of interest) ethically, morally and legally and im not one to support such.

im just highlighting / throwing some perspective to the foreign manager / local managers thing so that it wld be clear no one side is completely good or completely bad.

there are always shades of gray and we shldnt see the issue from a strictly black or white perspective
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:45pm On Aug 28, 2017
robobo:


i dont agree

we only take side because we are at the receiving end (as minor / retail shareholders).

wht wld u say abt same foreign managers that use unscrupulous mean to take coy private or take more stake ( a la NBC, a la IHS and as presently might be going on in Guiness i.e. conversion of inter company loan to shares when the share price is seriousll depressed / challenged as a result of finance cost necessitated by same loan).

to me its just the shark world of captalism playing out. eat or ye shall be eaten


N.B: This is not to excuse mismanagers like Rufus Giwa / Bunmi Oni et al



That is why we should be informed about happenings in our companies, such inter companies loans are usually approved at AGM nothing stops interested retail investors to grant such loans if they are comfortable with the terms and conditions of the loan.

What were our institutional investors doing when NB was selling for N40 in 2008. The foreign investors were mopping up shares during the bear. It appears apart from Dangote, a larger chunk of shares on NSE are in the hands of foreign investors.
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 2:55pm On Aug 28, 2017
emmanuelewumi:


That is why we should be informed about happenings in our companies, such inter companies loans are usually approved at AGM nothing stops interested retail investors to grant such loans if they are comfortable with the terms and conditions of the loan.

What were our institutional investors doing when NB was selling for N40 in 2008. The foreign investors were mopping up shares during the bear. It appears apart from Dangote, a larger chunk of shares on NSE are in the hands of foreign investors.

Oga Emma please speak directly to the issue

Dont glorify one over another.

me and you know that retails investors cant possibly lend such money and we also know that at the point of lending the foreign managers wld never made mention of any conversion of the loan to shares at a future date all these always come about later

both are bad (foreign mangers using unsrupulous mean to corner coy / sitting (local) managers actively competing with coys they are suppose to lead)

when one of these moves pays us (possibly because we are inadvertently positioned) we shldnt glorify it

what wld you say to the example of (NBC / IHS cited above)

or so many other attempt by foreign owned coys trying to buy out minorty shareholders at ridiculously low price by unethical mean (e.g Mobil)


N.B i dont own any of the coys use for example (except oando)
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 3:21pm On Aug 28, 2017
BullBearMkt:

...it's all about greed & self-centred! Very regretful!!!
grin grin grin grin grin


I have been severally tempted in my dreams to set up something, but my experience has shown me to restrict myself to financial markets, till I haven't genuine need for money again. Alike on my mind.
My work experience in multinationals has given me an omni-directional view into the limitless destructive capacity of MOST megalomania possessed and cancerous mismanagement talents.
I will never be deceived to disguise charity, as 'my company' or 'start-up'. NEVER!!!
It is sad. Very sad when I reflect on some experiences.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 3:24pm On Aug 28, 2017
DeRuggedProf:



I have been severally tempted in my dreams to set up something, but my experience has shown me to restrict myself to financial markets, till I haven't genuine need for money again. Alike on my mind.
My work experience in multinationals has given me an omni-directional view into the limitless destructive capacity of MOST megalomania possessed and cancerous mismanagement talents.
I will never be deceived to disguise charity, as 'my company' or 'start-up'. NEVER!!!
It is sad. Very sad when I reflect on some experiences.


chai Prof a u speaking to Wale in bolded (a la his mantra of leading African Intergrated Energy Company)

u wicked ooooooo


grin grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:34pm On Aug 28, 2017
@CURRENTPRICE DID YOU NOTICE THE VOLUME ON OANDO TODAY ?
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 3:42pm On Aug 28, 2017
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 3:44pm On Aug 28, 2017
DeRuggedProf:



I have been severally tempted in my dreams to set up something, but my experience has shown me to restrict myself to financial markets, till I haven't genuine need for money again. Alike on my mind.
My work experience in multinationals has given me an omni-directional view into the limitless destructive capacity of MOST megalomania possessed and cancerous mismanagement talents.
I will never be deceived to disguise charity, as 'my company' or 'start-up'. NEVER!!!
It is sad. Very sad when I reflect on some experiences.

.

same reason i have restricted mysef to financial market (and some tit bits of real estate)

in Nigeria if you cant run it ursef (a coy / biz) then dont dabble into it

most workers (particularly SME type of workers) mentality is that a coy promoter is there ticket to eldorado

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 3:49pm On Aug 28, 2017
theVision:
please what is happening?....why are majority of shares going down in price today
Buharibull is tired. The man failed to impress. Its back to square one.
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 3:51pm On Aug 28, 2017
Tritri:
@CURRENTPRICE DID YOU NOTICE THE VOLUME ON OANDO TODAY ?

yes people are dumping,,,,are you among of the people dumping

grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 3:54pm On Aug 28, 2017
Coolcash1:


This is wrong of Oando and its purely an attempt to scuttle the investigation process. The company should be sanctioned for the press release. You don't comment on matters of investigation until its concluded.

We are watching... grin

And who can sanction oando now ?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:10pm On Aug 28, 2017
currentprice:


yes people are dumping,,,,are you among of the people dumping

grin


dumping ?? who're those buying then? .If i sell i will lose alot dat ..I will only sale when ihedioramma does...
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 4:21pm On Aug 28, 2017
ihedioramma:
And who can sanction oando now ?


Their acts.... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:35pm On Aug 28, 2017
Tritri:



dumping ?? who're those buying then? .If i sell i will lose alot dat ..I will only sale when ihedioramma does...
grin
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 4:40pm On Aug 28, 2017
Tritri:



dumping ?? who're those buying then? .If i sell i will lose alot dat ..I will only sale when ihedioramma does...
grin
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:50pm On Aug 28, 2017
Dumexoga:
I see oando get to 100 naira too. Please let's keep thanking God for his mercies.


Hmmmm . 4 years after this prediction it's selling for less than N10.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:55pm On Aug 28, 2017
emmanuelewumi:



Hmmmm . 4 years after this prediction it's selling for less than N10.
...chai! Oga Emmmma!! From the archive!!!
grin grin grin grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:55pm On Aug 28, 2017
Oando has a way of humbling a perfect gentleman.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:58pm On Aug 28, 2017
BullBearMkt:

...chai! Oga Emmmma!! From the archive!!!
grin grin grin grin grin

If Oando and Transcorp no kill a trader, I think no order stock fit kill person
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 5:01pm On Aug 28, 2017
ihedioramma:
Amen oo i hope to sell oando at #200+ . same two you . merry xmas to every body .

Amen.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:13pm On Aug 28, 2017
ihedioramma:
Amen oo i hope to sell oando at #200+ . same two you . merry xmas to every body .


Ihedi Do u take SK ??
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 5:19pm On Aug 28, 2017
Nse grin..Everyone don get whipped one way or the other ..Part of the game . some no even show face anymore , some stlll dey recuperate
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 5:29pm On Aug 28, 2017
Coolcash1:
Mobil shares has been falling like no man's business since last week... grin Closed below N183 today...

Lol... i laugh when people started buying this stock because nipco paid N400 plus to get stake in mobil

brov. even at this currentprice of today, it still overvalued based on their latest report

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:31pm On Aug 28, 2017
emmanuelewumi:


Amen.
grin grin grin grin grin grin grin grin grin grin Oga tritri take time o cheesy , Any way all hope are not lost it will get there .
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 5:35pm On Aug 28, 2017
emmanuelewumi:
Oando has a way of humbling a perfect gentleman.
grin so you know ?
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 5:59pm On Aug 28, 2017
currentprice:


Lol... i laugh when people started buying this stock because nipco paid N400 plus to get stake in mobil

brov. even at this currentprice of today, it still overvalued based on their latest report

grin grin grin grin

What do you think is the true price? Cuz I think KM80.. grin
Re: Nigerian Stock Exchange Market Pick Alerts by leo1234(m): 6:41pm On Aug 28, 2017
Tritri:



Ihedi Do u take SK ??

No wonder the guy like oando. grin
The hope to sell oando at 200+ is still very much alive since Dec 2013.
All hope is not lost.

1 Like

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