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Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:20pm On Jun 08, 2018
onegentleguy:


Great assessment Sir Wanajo.
This is why I insist its always best not to take decisions of this nature in a hurry.
He needs to put himself thru a thorough scrutiny and weigh both coys in proper balance to arrive at a favourable end.
...money should never be the sole basis for a switch. How any of the company's decided upon will 'impact on his person' is even far more important.
He needs to take his time.

But either way, I wish well !!

Bro. He has already answered some of the decision you are postulating. He committed the first error in declaring

to Coy X on why he is moving to Coy Y, ( no management would view that lightly). Obviously his service is needed

they made a counter offer. ( what is behind that only God have all the answers) but it could not be too well. You forced

your employer to increase your pay by threat of leaving. I am even tire self. No reason to look back. How many

employee do that and survive the board room? Plz move on.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:21pm On Jun 08, 2018
what really changed that prompted prestige to jump from 46kobo to 67kobo i.e about 45% increase in price.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:23pm On Jun 08, 2018
onegentleguy:


Great assessment Sir Wanajo.
This is why I insist its always best not to take decisions of this nature in a hurry.
He needs to put himself thru a thorough scrutiny and weigh both coys in proper balance to arrive at a favourable end.
...money should never be the sole basis for a switch. How any of the company's decided upon will 'impact on his person' is even far more important.
He needs to take his time.

But either way, I wish well !!

When you are big, you are large; for some of us at our level, the consideration is 99% money. In fact, if I see 100% raise in my salary in Sambisa forest, I don port grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 3:28pm On Jun 08, 2018
wanaj0:


It is not an exception. You don't know anything about Company X and Y to make an informed decision. It is what you know about company X and Y that will help you make a choice.

For example, will you move from SEPLAT to JAPAUL because JAPAUL is offering you double salary? Do you know whether Company Y is able to PAY what they are offering? Will you leave GTB to join a microfinance bank just because of better pay?

If the two companies are known, then you can evaluate the company to decide which one is BETTER. The corporate culture of the companies, their management etc should be considered.

There are many questions to be answered before making a decision. It is not all about 'immediate' CASH.

These are very thoughtful considerations!

However, it's a bit too late in his case. He should have thrown this question to the forum before telling Company X that he's leaving. Like others have said, the moment you tell a company that you're leaving, you just have to follow it through. Things will not be the same for you there again.

I suppose he has already assessed the two companies in terms of their stability and sustainability of their offers.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:30pm On Jun 08, 2018
wanaj0:


It is not an exception. You don't know anything about Company X and Y to make an informed decision. It is what you know about company X and Y that will help you make a choice.

For example, will you move from SEPLAT to JAPAUL because JAPAUL is offering you double salary? Do you know whether Company Y is able to PAY what they are offering? Will you leave GTB to join a microfinance bank just because of better pay?

If the two companies are known, then you can evaluate the company to decide which one is BETTER. The corporate culture of the companies, their management etc should be considered.

There are many questions to be answered before making a decision. It is not all about 'immediate' CASH.

I think the matter has left that stage. He has tendered resignation, based on that they make a counter offer. Medicine after death. He is not asking us how to resign. I think the cruise is can I go back to Coy X? I am saying you have moved, don't look back, look forward.I know how some people use to take leave to evaluate an offering company before movement this is not the case.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:30pm On Jun 08, 2018
musty00:


These are very thoughtful considerations!

However, it's a bit too late in his case. He should have thrown this question to the forum before telling Company X that he's leaving. Like others have said, the moment you tell a company that you're leaving, you just have to follow it through. Things will not be the same for you there again.

I suppose he has already assessed the two companies in terms of their stability and sustainability of their offers.

The point is before applying to company Y, I am sure he must have weighed all these factors. He was only bothered about loyalty. Employers are not loyal o, why should I be?
Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 3:32pm On Jun 08, 2018
Agbalowomeri:


The point is before applying to company Y, I am sure he must have weighed all these factors. He was only bothered about loyalty. Employers are not loyal o, why should I be?

grin On point!
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:34pm On Jun 08, 2018
Agbalowomeri:


When you are big, you are large; for some of us at our level, the consideration is 99% money. In fact, if I see 100% raise in my salary in Sambisa forest, I don port grin


Those kids are still tender you know grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by musty00: 3:43pm On Jun 08, 2018
musty00:
It appears this mini bull is over undecided

Anyway till 2 pm sha.

Whichever way I made the best out of it smiley

Now that this young BULL has been dragged away to the bush....without much resistance, what are expectations for next week and beyond?

Probably sideways trading, until the mini bull for Q2 results in July. Maybe a dead cat bounce next week.

Just thinking....
Re: Nigerian Stock Exchange Market Pick Alerts by IchimokuPilot: 3:43pm On Jun 08, 2018
sellydion:
[/b]

Those kids are still tender you know grin grin grin

In the north, OPERATION LAFIA DOLE starts at the age of seven(7), if in doubt, ask Emir Sanusi
Agba will be well motivated in battle..... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:45pm On Jun 08, 2018
Mcy56:

Hope I'm not late to the party. grin
Since this concerns my friend, I cant be late. tongue
Okay. Just know that all that glitter is not gold. There's something called job satisfaction which might not necessarily be about big pay sometimes.
However, the shortcoming here was the fact that the current employer was aware that you wanted to leave. If you decided to stay, they'll find a way of dealing with you and still terminate your appointment either in the short or long run.
Therefore, I joined my voice, sorry my typing, oh sorry my opinion with others to advice you to move on.

The truth is this: if you are not happy on your current job, you will never give in your best performance. The best thing is just leave the company and try out new things.

There will be 6 months period for the new company to monitor your performance and accept you or reject you. But if you know what you are doing, you will scale through this period.

There is nothing worse than a dissatisfied staff. He can never give his best for company X. If someone wants to burn the company sef, he will not even intervene. Reason is because he is not happy.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 3:48pm On Jun 08, 2018
RabbiDoracle:


The truth is this: if you are not happy on your current job, you will never give in your best performance. The best thing is just leave the company and try out new things.

There will be 6 months period for the new company to monitor your performance and accept you or reject you. But if you know what you are doing, you will scale through this period.

There is nothing worse than a dissatisfied staff. He can never give his best for company X. If someone wants to burn the company sef, he will not even intervene. Reason is because he is not happy.

Correct. He actually inferred that. ( No career plan etc)
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 3:53pm On Jun 08, 2018
wanaj0:


The information provided is NOT enough to be able to provide you with good advice

Company Y made a promise, how good are they in keeping their promise? Yesterday I was discussing a guys situation similar to yours. He got an offer to go to Company Y with over 100% increment. He resigned to join Company Y only for Company Y to change the terms that they cannot pay what they have promised! He was made to swallow his pride and call the former company to withdraw his resignation letter. Because he was a good staff who resigned without burning the bridge, he was accepted back. Lesson: promises can change.

If you will leave Company X, don't base your judgement ONLY on the money. Does Company Y offer more challenges? Do they have better overall welfare package? Do they treat their staff with respect? Are they paying more to 'poach' a staff they've made no investment in? Are there training opportunities?

Apart from MONEY, what else don't you like about company X? In the industry what is the provision of company X compared to company Y? I can go on and on.

Conclusion: The information provided is NOT enough to make a judgement.

Sir, the dude is not happy working in company X. Hence he is dissatisfied. So you will not expect him to put his best in the company. Company X HR should have noticed this long ago and appease via recognition, career advancement. But they never did.

I will advise he moves to a company where he sees joy while he works. There is nothing invigorating as working with happiness.

See what oil guys do when they get bad appraisal. Asset managers will go and do the work for that period till they talk to the affected staff to mellow. Sometimes asset managers show the affected staff their own bad appraisal results so that they (affected) will know that so the asset managers also suffer.

They will leave the platform to burn. What will you do? Is it not to report to HR? What else? Sack? Union comes in and deliberate with management or find another job for him.

So bros, if he is dissatisfied and he has an offer to fill in, it is better he leaves.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:02pm On Jun 08, 2018
onegentleguy:


Great assessment Sir Wanajo.
This is why I insist its always best not to take decisions of this nature in a hurry.
He needs to put himself thru a thorough scrutiny and weigh both coys in proper balance to arrive at a favourable end.
...money should never be the sole basis for a switch. How any of the company's decided upon will 'impact on his person' is even far more important.
He needs to take his time.

But either way, I wish well !!

For the years he had no career growth, he has been thinking and he must have applied for this job because he is dissatisfied with Company X.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:03pm On Jun 08, 2018
wanaj0:


It is not an exception. You don't know anything about Company X and Y to make an informed decision. It is what you know about company X and Y that will help you make a choice.

For example, will you move from SEPLAT to JAPAUL because JAPAUL is offering you double salary? Do you know whether Company Y is able to PAY what they are offering? Will you leave GTB to join a microfinance bank just because of better pay?

If the two companies are known, then you can evaluate the company to decide which one is BETTER. The corporate culture of the companies, their management etc should be considered.

There are many questions to be answered before making a decision. It is not all about 'immediate' CASH.

So you advise someone who is unhappy at work to stay back at work?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:07pm On Jun 08, 2018
sellydion:


Bro. He has already answered some of the decision you are postulating. He committed the first error in declaring

to Coy X on why he is moving to Coy Y, ( no management would view that lightly). Obviously his service is needed

they made a counter offer. ( what is behind that only God have all the answers) but it could not be too well. You forced

your employer to increase your pay by threat of leaving. I am even tire self. No reason to look back. How many

employee do that and survive the board room? Plz move on.

Depending on the company. A multinational will never sack you because you intend to leave the company or make your intentions known. Your hierarchy will only talk to you and start to be your friend when they get your resignation letter.

If it is a 1-man company or local company, they can even sack you immediately.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:08pm On Jun 08, 2018
Agbalowomeri:


When you are big, you are large; for some of us at our level, the consideration is 99% money. In fact, if I see 100% raise in my salary in Sambisa forest, I don port grin

grin grin

Come and work in NRC with 100% pay raise from 18,000 naira to 36,000 naira.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:16pm On Jun 08, 2018
Agbalowomeri:


The point is before applying to company Y, I am sure he must have weighed all these factors. He was only bothered about loyalty. Employers are not loyal o, why should I be?

He was not happy working in company X knowing that he had stagnant career growth. And that was why her applied to company Y. He made this decision because he has assessed both companies.

Pray not to work with a dissatisfied worker. We have lots of them. You will tell them to do this and they will not do it. They don't hide the fact that they don't do it. You will report them and they will ask if it was the MD you told. Whereas na ordinary Manager you report to. He will tell you to go and tell the MD. grin

All you just need to do is to encourage such workers in the little way you can and don't dare their actions especially those in multinationals. But if you come out openly to query them, they will even tell the manger that he is waiting for the query. People go tire na. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:21pm On Jun 08, 2018
sellydion:


Correct. He actually inferred that. ( No career plan etc)

In multinationals, there are" no fighting" rule. If not fit this rule, you go dey see people beat up their hierarchies.

I have heard when someone bwas challenging his GM and asking him: what will you do? Is it query? Send it and I will answer it. Isn't it low appraisal that you will give me( he asked the GM)? Is there any other thing(he asked the GM)?

You will be tired.

Once you start to query someone who doesn't fear sack, watch it. It could bounce back at you as harassment/bully and this will be taken up against you.
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 4:35pm On Jun 08, 2018
stock with new 52 week lows
skye shelter #95.00k
Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 4:35pm On Jun 08, 2018
locodemy:
what really changed that prompted prestige to jump from 46kobo to 67kobo i.e about 45% increase in price.

Chief Loco, the market is unpredictable but one thing is certain that 'history always repeat itself' according to some historical occurrence in world stock market, especially our dear NSE. At least 95% of the forum members are here to make money, but before you starting thinking of making money...you have to do your home work very well and built a missile defense for your capital. The rule is simple:

Dont loose your capital while preserving your profit.
Don't let emotion override your reasoning of action. That's dont be emotionally attached to any stocks
Watch out for economic and political uncertainties in terms of market policy
Take your time to read some books and go outside of your comfort zone to acquire knowledge
Watch out for any red flag or check if the numbers are adding up or not
Don't let anyone sweet mouth you on some imaginary news or history
Always take a closer look at your investment, etc.

I believe some Ogas' will surely add more to the point stated above....

In all, the rule of making money is to preserve your capital against any attacks...All the best sir and you're already forewarned and don't be a victim of a story that touch! All the best!


#EverythingShallEndWell #PreserveYourCapital #FollowYourHeart #MattressGang #ItIsWell

4 Likes 3 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 4:50pm On Jun 08, 2018
RabbiDoracle:


Sir, the dude is not happy working in company X. Hence he is dissatisfied. So you will not expect him to put his best in the company. Company X HR should have noticed this long ago and appease via recognition, career advancement. But they never did.

I will advise he moves to a company where he sees joy while he works. There is nothing invigorating as working with happiness.

See what oil guys do when they get bad appraisal. Asset managers will go and do the work for that period till they talk to the affected staff to mellow. Sometimes asset managers show the affected staff their own bad appraisal results so that they (affected) will know that so the asset managers also suffer.

They will leave the platform to burn. What will you do? Is it not to report to HR? What else? Sack? Union comes in and deliberate with management or find another job for him.

So bros, if he is dissatisfied and he has an offer to fill in, it is better he leaves.

I don't want to derail this thread BUT

1) He was not happy because of the remuneration (stagnation, growth etc). It does not mean he is not enjoying the job, happy with his colleague etc. Reason why I said he has not provided enough information about the two companies. Moreoever Company Y is a prommisory note. Any idea of the history of COMPANY Y in fulfilling its promise? That's why MORE information is required.

2) He has not stated anything that make Company Y better apart from offer of 'better' pay! Is pay the only consideration? Are there welfare packages that can act as a differentiator? Medicals for example? Is there a difference between the amount that the two companies contribute to the pension fund? Apart from take home pay what are the other value proposition? What will make him happy in Company Y apart from the pay. The euphoria of increase pay will wear off within 6months! I would rather work with accenture at a 'lower' pay just because the name of 'accenture' on a CV will open doors at the RIGHT time.

3) If he is unhappy in Company X he should indeed seek to move BUT we don't have enough information to conclude that Company Y is the place to go! It may be Company Z! Not all offers are to be accepted. Who is making the offer is key. Right now we know nothing about Companies X and Y to reach a good conclusion.

4) For those saying it is LATE, it is all about COMPANY X and the type of relationship that exists between the staff and the company! Resignation letters can be REJECTED. Resignation letters can be delayed. I know those that resigned and the boss asked the staff to apply for leave, resume at the new place and see whether it meets his expectations. So until we know what Company X and Company Y looks like we cannot conclude.

Again, I am not for or against any decision. Right now there is not enough information to provide quality advice. We will be making TOO many assumptions which may make our conclusion to be faulty.

With MORE information, he will be properly guided.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 4:53pm On Jun 08, 2018
RabbiDoracle:


grin grin

Come and work in NRC with 100% pay raise from £18,000 naira to £36,000.

is the 18k pound per week or month?

when u're big u're large

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 5:02pm On Jun 08, 2018
Index
- weekly chart looks better than d daily ,
- weekly bullish reversal candles up and dan d index, with stocks breaking back above the 40 wk MA (40wk MA = 200dma)
- bulls won d battle but yet to win d WAR
- Unilever topping the value list wt over 1bln ( na turn by turn dis week)
- will like to see price quickly break above this fri closure next week
- UBA , FBN , Access unable to close above N11 pere !
- tier 2 holding the midfield steady
- its easier to ride a trend than catch a bounce #RandomThot

#EnjoyUrWeekend

Side note:
NSE FYE results is sumfin else oh ! and MTN never list yet
#pepperDem

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 5:11pm On Jun 08, 2018
Prestige did a reconstruction of shares. Please do not be caught hands down.
locodemy:
what really changed that prompted prestige to jump from 46kobo to 67kobo i.e about 45% increase in price.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:16pm On Jun 08, 2018
rebekah2011:
Prestige did a reconstruction of shares. Please do not be caught hands down.

grin grin grin
Loco romance na only with price, irrespective of how the price come about lol grin!
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:52pm On Jun 08, 2018
Godisfaithful:


Chief Loco, the market is unpredictable but one thing is certain that 'history always repeat itself' according to some historical occurrence in world stock market, especially our dear NSE. At least 95% of the forum members are here to make money, but before you starting thinking of making money...you have to do your home work very well and built a missile defense for your capital. The rule is simple:

Dont loose your capital while preserving your profit.
Don't let emotion override your reasoning of action. That's dont be emotionally attached to any stocks
Watch out for economic and political uncertainties in terms of market policy
Take your time to read some books and go outside of your comfort zone to acquire knowledge
Watch out for any red flag or check if the numbers are adding up or not
Don't let anyone sweet mouth you on some imaginary news or history
Always take a closer look at your investment, etc.

I believe some Ogas' will surely add more to the point stated above....

In all, the rule of making money is to preserve your capital against any attacks...All the best sir and you're already forewarned and don't be a victim of a story that touch! All the best!


#EverythingShallEndWell #PreserveYourCapital #FollowYourHeart #MattressGang #ItIsWell



All these nonsense you wrote,are they in any way related to the question i asked concerning prestige jump in price?

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 5:55pm On Jun 08, 2018
locodemy:



All these nonsense you wrote,are they in any way related to the question i asked concerning prestige jump in price?


We are Nigerians.

I am not sure he read the question... wink

Let alone reading his version of the answer.

Either way, sort his comments like beans...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:56pm On Jun 08, 2018
rebekah2011:
Prestige did a reconstruction of shares. Please do not be caught hands down.

Will it be the cause of a jump in price?
If a company do a share reconstruction,the price wil be adjusted automatically without being traded.
why was there a jump in price in prestige shares today?
Re: Nigerian Stock Exchange Market Pick Alerts by rebekah2011(m): 6:02pm On Jun 08, 2018
Dealing Members are hereby notified that the full suspension placed on the shares of Prestige Assurance Plc (Prestige Assurance or the Company) was lifted today, Thursday, 7 June 2018.

Please recall that the shares of the Company were placed on full suspension from Wednesday, 23 May 2018 to Wednesday, 6 June 2018 to enable the Registrars update the register of members, sequel to the share capital reconstruction exercise embarked upon by Prestige Assurance.

Prestige Assurance has notified The Exchange that the exercise has been completed and the shareholders?register has been updated. Consequently the suspension placed on the Company? shares was lifted today, Thursday, 7 June 2018.

Trading in the shares of the Company has resumed.

This is for your information and update.
locodemy:


Will it be the cause of a jump in price?
If a company do a share reconstruction,the price wil be adjusted automatically without being traded.
why was there a jump in price in prestige shares today?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:09pm On Jun 08, 2018
locodemy:
All these nonsense you wrote,are they in any way related to the question i asked concerning prestige jump in price?
grin grin

Btw, where is mendes911 in all these job-switch discussions? That 911 self smiley
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:30pm On Jun 08, 2018
Mcy56:

grin grin

Btw, where is mendes911 in all these job-switch discussions? That 911 self smiley

He is firing his employer

2 Likes

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