rebekah2011:
Back in this bus today.

Hehehehehehe.

Able chairman! We all love cashflow it seems.

I sold UBA that i bought a day before markdown at loss. Na the dividend be the consolation for me.

STOjo:

Bros, ds na stock thread o. Una no dey c fine babe, esp fine babe with deep pocket. I beg lv ma sista alone
Na "elubo" u com buy, how kid (goat pikin) enter your load.

Lol! We are in a bear market, I say make I play small make everyone chill. I am sure even Oracle enjoyed the banter.

Mcy56:

Just like you dey whine me too.

No my internet luff! I will never do that.

Chams performing the magic, just like CP predicted.

samzepaparazi:
This mkt sef. Wema would just be toying with your emotions

wating u see from wema.

http://www.nse.com.ng/Financial_NewsDocs/Access%20Bank%20Plc%20-%20Listing%20of%20Scheme%20Shares.pdf

Let the trading begin...

GonFreecss1:
No my internet luff! I will never do that.

Lol.

bailed out of wema with 40% profit, anticipating cheaper and better deals..... I still cant phantom how Union Banks is now more epensiive than UBA

maishai:
bailed out of wema with 40% profit, anticipating cheaper and better deals..... I still cant phantom how Union Banks is now more epensiive than UBA

Wonders of NSE, just as sterling bank is now more expensive than fcmb and fidelity.

TLAX:


You can count the number of quoted companies in Nigeria that practice proper governance on the fingers on one hand only. Any quoted company controlled by a family or a dominant individual poses a high risk to financial returns no matter how well they may appear to be doing. The information asymmetry is just too much for a sane investor to deal with.

I beg to disagree , this is Africa(Nigeria in Particular), we dont practice true Free market economy.....The first thing I look out for in companies I try to invest in are Key men or family influence and whether they are in favor with the Government in power ,

aremso:



what of Jim oviah/zenith?

I don't know but I will rather deal with caution. Same for Elumelu/UBA. Makanjuola/Caverton, Balogun/FCMB, Wigwe/Access etc. I am not saying you cant make money from these shares but just be aware of the risks you run. Truth is that these CEOs have their boards in their pockets and they let you know only what they want.

From a retail investor perspective, perish the thought of saying you are investing in those companies for the long term. You will most certainly lose in anything nearing the long term. Look back at the graveyard or hospice of NSE. Its has an equal number of once "great companies" as those that were outright frauds during boom period. A few more great companies are are already reaching out for the phone to dial ambulance.

Just a matter of time...

Onuokwu:
http://www.nse.com.ng/Financial_NewsDocs/Access%20Bank%20Plc%20-%20Listing%20of%20Scheme%20Shares.pdf

Let the trading begin...

So "Diamond Bank Share Holders" started offloading yesterday. Gradually making more sense.

2zona:


Wonders of NSE, just as sterling bank is now more expensive than fcmb and fidelity.

Sterling bank na Pepsi e no dey attract silly people

TLAX:


I don't know but I will rather deal with caution. Same for Elumelu/UBA. Makanjuola/Caverton, Balogun/FCMB, Wigwe/Access etc. I am not saying you cant make money from these shares but just be aware of the risks you run. Truth is that these CEOs have their boards in their pockets and they let you know only what they want.

From a retail investor perspective, perish the thought of saying you are investing in those companies for the long term. You will most certainly lose in anything nearing the long term. Look back at the graveyard or hospice of NSE. Its has an equal number of once "great companies" as those that were outright frauds during boom period. A few more great companies are are already reaching out for the phone to dial ambulance.

Just a matter of time...

Thanks my oga, i have already said bye bye to long term investment stuff . I survived skye bank but was not lucky with phb, oceanic and intercontinental, i have learnt my lesson.

Onuokwu:
http://www.nse.com.ng/Financial_NewsDocs/Access%20Bank%20Plc%20-%20Listing%20of%20Scheme%20Shares.pdf

Let the trading begin...

What are they saying oo.. link no gree open

currentprice:


wating u see from wema.

Im taking my DRUG OF PATIENCE like onegentleguy will say

Yayira:


What are they saying oo.. link no gree open

MARKET BULLETIN NSE/LARD/LRD/MB24/19/04/03
3 April 2019
Access Bank Plc: Listing of 6,617,253,991 Ordinary Shares of 50 Kobo Each Resulting From a
Scheme of Merger Between Access Bank Plc and Diamond Bank Plc (Scheme Shares).
Further to our Market Bulletin dated 2 April 2019, with reference number:
(NSE/LARD/LRD/MB23/19/04/02), wherein the market was notified that the Scheme Shares resulting
from the merger between Access Bank Plc and Diamond Bank Plc were not available for trading on
Tuesday 2 April 2019 due to operational reasons, Dealing Members are hereby notified that the
operational issues have been resolved and the Scheme Shares are now available for trading today, 3 April
2019.
We thank you for your continuous support and understanding.
This is for your information and necessary action, please

samzepaparazi:


Im taking my DRUG OF PATIENCE like onegentleguy will say

Las las olojukokoro go do you big something.. take whatever profit you’ve made and get out of that stock Sam !
Hmmm

aremso:




MARKET BULLETIN NSE/LARD/LRD/MB24/19/04/03
3 April 2019
Access Bank Plc: Listing of 6,617,253,991 Ordinary Shares of 50 Kobo Each Resulting From a
Scheme of Merger Between Access Bank Plc and Diamond Bank Plc (Scheme Shares).
Further to our Market Bulletin dated 2 April 2019, with reference number:
(NSE/LARD/LRD/MB23/19/04/02), wherein the market was notified that the Scheme Shares resulting
from the merger between Access Bank Plc and Diamond Bank Plc were not available for trading on
Tuesday 2 April 2019 due to operational reasons, Dealing Members are hereby notified that the
operational issues have been resolved and the Scheme Shares are now available for trading today, 3 April
2019.
We thank you for your continuous support and understanding.
This is for your information and necessary action, please

Ha!

STOjo:

Bros, ds na stock thread o. Una no dey c fine babe, esp fine babe with deep pocket. I beg lv ma sista alone
Na "elubo" u com buy, how kid (goat pikin) enter your load.

I just embarrassed myself in the office with the way i burst out laughing at the bolded.
Make una no let them give me involuntary leave oh...abeg

locodemy:


The way I see this market now,the only thing that can stop the bleeding is releasing of Q1 results.

Maybe the unhealthy policies might be eradicated before half year results.

Since yesterday,I have not been myself due to excessive money I have put into this market hoping for a better return in the nearby future.Now my business is shaking seriously as a result of this action.

I know other people here are having similar issues now unless those who have mouth and no portfolio.

Imagine Transcorp coming back to #1,zenith #18,Fcmb #1.50.
And may even go below these prices if no intervention.I think I will be going off from the forum from now until my portfolio is back again.

Lol

EduC:


My daughter and myself got credited with Diamond/Access N1 this afternoon!

Note: I did not fill my CHN and shareholder's account # while completing my form. I did not fill any form for my child, though she has edividend mandate.

Thanks.

Sir have you received your access shares too ?

http://www.nse.com.ng/Financial_NewsDocs/25715_CHAMS_PLC_CORPORATE_ACTIONS_APRIL_2019.pdf

cc: @chibuking81

kolaish:
http://www.nse.com.ng/Financial_NewsDocs/25715_CHAMS_PLC_CORPORATE_ACTIONS_APRIL_2019.pdf

cc: @chibuking81

He don sell the stock

Index 29,553 hmm close to major support (was told) just hope it will not fall and scatter the head of the next support..

Time to go on that vacation slf

Yayira:
Index 29,553 hmm close to major support (was told) just hope it will not fall and scatter the head of the next support..

Time to go on that vacation slf

Oya come let's go together.

Sold off Sterling bank today with 40% profit to increase fcmb, hope i never throwaway gold for sweet.

Don’t quote me .
You will be banned

2zona:


Wonders of NSE, just as sterling bank is now more expensive than fcmb and fidelity.

Indian investors are the brain behind the Northward journey of sterling Bank.
Indian economy is doing well and the investors need a new home for their money. In sterling bank, they find a suitable suitor. I will not be surprised if sterling price reaches N5 by July /August.
The important thing to bear in mind they may unplug unexpectedly.
Based on information available on bloomberg.com, there are 2 Indians in the management . One in the executives the 2nd one is a board member. .
One of the biggest bank in India has a good holding in the bank as well through a nominee. With the look of things, They are here to stay for a long time in sterling economy.

https://www.sunnewsonline.com/sterling-bank-grows-net-profit-by-14-9/

https://www.premiumtimesng.com/business/business-news/323635-sterling-bank-declares-n152-2-billion-gross-earnings.html
https://nairametrics.com/2019/03/25/sterling-bank-signs-deal-with-american-energy-company/

With this we can say
2018/19 is the sterling year, same way 2017/18 was the year of CCNN
All the news coming from sterling are good.
We hope the momentum will be sustained. .
The only but in sterling is the current price. It should be trading at sub N2 to allow more people to join the train.





verdict.... Better to accumulate gradually.

edwardaigb:
Sold off Sterling bank today with 40% profit to increase fcmb, hope i never throwaway gold for sweet.

Na wa ooh..Bros u get liver ooh..


Even with the RED everywhere..No argument or fighting.. kudos to U'all

tritritri:

Na wa ooh..Bros u get liver ooh..

To get liver and to get kidney,which one is better?