Jejebaba:
Below is the Vetiva response to my question, which shows they were scammed as well.

It was not necessarily a scam. Everything to point to current performance is in past accounts. Its just people looking at tell tale signs and refusing to see it. Go back and look at that Bank's financials for the past 3 years (including quarterly statements). Non Performing Loans ratio is rising, loan impairment charges in past two years average N56 billion, earning per share has been dropping for consecutive quarters etc. Anybody who sees this will know something is wrong and can only rely on the general bull to drive this share price up.

No be scam my brother. Its about looking and not seeing.

TLAX:


It was not necessarily a scam. Everything to point to current performance is in past accounts. Its just people looking at tell tale signs and refusing to see it. Go back and look at that Bank's financials for the past 3 years (including quarterly statements). Non Performing Loans ratio is rising, loan impairment charges in past two years average N56 billion, earning per share has been dropping for consecutive quarters etc. Anybody who sees this will know something is wrong and can only rely on the general bull to drive this share price up.

No be scam my brother. Its about looking and not seeing.

Thanks boss, you nailed it. The red flags have been there all this while, investors just chose to ignore it while relying on HOPE to do the magic. I am just curious to know what Vetiva saw in Diamond bank to have put a TP of 5 naira on it or was it a case of monkey hunting for the bank or to dump on innocent investors that are lazy to do their own research.

TLAX:


It was not necessarily a scam. Everything to point to current performance is in past accounts. Its just people looking at tell tale signs and refusing to see it. Go back and look at that Bank's financials for the past 3 years (including quarterly statements). Non Performing Loans ratio is rising, loan impairment charges in past two years average N56 billion, earning per share has been dropping for consecutive quarters etc. Anybody who sees this will know something is wrong and can only rely on the general bull to drive this share price up.

No be scam my brother. Its about looking and not seeing.

Bottom line, never ever fall in love with any stock! That will always cloud your judgement big time.

TLAX:


It was not necessarily a scam. Everything to point to current performance is in past accounts. Its just people looking at tell tale signs and refusing to see it. Go back and look at that Bank's financials for the past 3 years (including quarterly statements). Non Performing Loans ratio is rising, loan impairment charges in past two years average N56 billion, earning per share has been dropping for consecutive quarters etc. Anybody who sees this will know something is wrong and can only rely on the general bull to drive this share price up.

No be scam my brother. Its about looking and not seeing.

I beg to differ. Pple had genuine and valid expectations. The economy had improved and loan recoveries stepped up. NPL of most banks like FBNH was on a steady fall with writebacks seen in banks like stanbic. Even if impairment was flat year on year, they should have atleast matched the previous year's performance. When you also add the money made from divestments (22billion) you see why even morgan capital placed a target price of 5.71 on Diamond bank. They played a fast one on us all, nairametrics guy inclusive(given his countenance since the result) but their plan will not work. I go dey this bank, Dozie and co will not buy me off.

Nigerians Jubilate as Crude Oil Price Nears $80 per Barrel
https://www.businesspost.ng/2018/05/15/nigerians-jubilate-as-crude-oil-price-nears-80-per-barrel/

Inflation in Nigeria Eases to 12.48% in April—NBS
https://www.businesspost.ng/2018/05/15/nigerias-inflation-eases-to-12-48-in-april-nbs/

Mpeace:
Following the suspension of the license of first nation airline owned by Bola tinubu, fear done dey catch me. I need to sell my oando before it reverses back to my starting point.

You are joking right? You mean you went ahead and bought Oando the day you posted below mention? It is well o.

Mpeace:
I am being tempted to invest my jijo money into oando for more. Oando q2 2018 result will be sweet. Disclaimer: I know oando is a bad stock, so let those with "don't buy" advice keep it. I have heard it all and there is nothing new to be said.

Mcy56:


You are joking right? You mean you went ahead and bought Oando the day you posted below mention? It is well o.

I bought oando during the suspension. You forget that I and loco entered together. But he left early. I have not sold. My jijo money is intact. Transcorp or eterna will give me jijo opportunity. Eterna jijo was so sweet last year but transcorp seem to be showing more jijo potentials this year.

http://africaoilgasreport.com/2018/05/in-the-news/transforcados-pipeline-shut-in-for-the-7th-day-running/

This news is for the Seplat faithfuls....


Good am house...Focus on your strategy and ignore noise. Too much noise on this forum now. People trying to claim superiority of strategy forgetting that our objectives are totally different.

As for me, I have decided to comment less and concentrate more on my investment....

mendes911:


Japaul Oil and Fraud Services? Dividends?

This is a clear case of looking for a virgin among prostitutes!

Which is highly achievable, a homo will find one from among the non homo prostitutes......

To me, Oando should be avoided for now until the coast is clear. Remember the suspension was lifted when Bubu needed Jagaban and if Bubu gets a second term next year, he might dump Jagaban like he did in his first term and Oando might "hear wen" by that time.

Mpeace:
I bought oando during the suspension. You forget that I and loco entered together. But he left early. I have not sold. My jijo money is intact. Transcorp or eterna will give me jijo opportunity. Eterna jijo was so sweet last year but transcorp seem to be showing more jijo potentials this year.

Fidelity

< N2.30 umm

Fidelity!

I pity those that rushed in for that 11k dividend.

Obene Kwa Kwa (x2).

fxuser:
Fidelity

< N2.30 umm

chai ! u pple ehn

Good news for Conoil when crude oil price is on the rise....

http://africaoilgasreport.com/2018/05/in-the-news/aggressive-conoil-doubles-production-aims-for-a-quadruple/

Mpeace:
I bought oando during the suspension. You forget that I and loco entered together. But he left early. I have not sold. My jijo money is intact.

Okay..... but you should have sold it when the suspension was lifted and the price went up. Oando is highly unpredictable and very volatile.
Anyway, everybody with his/her own investment strategy sha.

Coolcash1:
Good news for Conoil when crude oil price is on the rise....

http://africaoilgasreport.com/2018/05/in-the-news/aggressive-conoil-doubles-production-aims-for-a-quadruple/

upstream lou lou don start

Big Boss, we have uncovered your identity ooooooooo.

Jejebaba:
Below is the Vetiva response to my question, which shows they were scammed as well.

rebekah2011:
Big Boss, we have uncovered your identity ooooooooo.

Where am before he go delete am? Na joke o.

dipoolowoo:
To me, Oando should be avoided for now until the coast is clear. Remember the suspension was lifted when Bubu needed Jagaban and if Bubu gets a second term next year, he might dump Jagaban like he did in his first term and Oando might "hear wen" by that time.

Yes, no doubt but I want to hold oando till the elections. Its a gamble. I will only sell if it goes below 7.

I am preserving his identity. But the Boss is really BIG

Mcy56:

Where am before he go delete am?

mendes911:

Fidelity!

I pity those that rushed in for that 11k dividend.

Obene Kwa Kwa (x2).

If one does not have a strong mind and cannot manage his fingers well, he won't do so well on nse. Stocks don't move in straight lines. They lose only when they sell low.

rebekah2011:
I am preserving his identity. But the Boss is really BIG

Na wetin I wan see be that na

This Caverton works with weather just like Continsure.

Coolcash1:
Good news for Conoil when crude oil price is on the rise ....

http://africaoilgasreport.com/2018/05/in-the-news/aggressive-conoil-doubles-production-aims-for-a-quadruple/

Misleading post...... This company is not listed on the NSE. Buyer beware!!!

By this time yesterday, diamond offer was about 44million. Today its 27million. Thats an improvement lol. Chibuking81 was right. It might not go below 1.50.

Mpeace:
By this time yesterday, diamond offer was about 44million. Today its 27million. Thats an improvement lol. Chibuking81 was right. It might not go below 1.50.

They are coming. Traffic hold them for Ajah. They go soon reach.

Mpeace:
By this time yesterday, diamond offer was about 44million. Today its 27million. Thats an improvement lol. Chibuking81 was right. It might not go below 1.50.

Is too early na..

If diamond can fall to N1 like it did last year, that would be beautifully amazing.

I love how a losing position brings out the mathematician in you.

Brain go open. You start to see the world differently

Mpeace:
If one does not have a strong mind and cannot manage his fingers well, he won't do so well on nse. Stocks don't move in straight lines. They lose only when they sell low.

Very correct

rebekah2011:
Big Boss, we have uncovered your identity ooooooooo.

That is not my "real face sir".