well pendelite could be right, passion is not enough for the startup .... discipline, focus, willingness to sacrifice all and everything for their dream.

Nigeria i regret to saw are only focused on how fast their idea will bring in money. They forget it takes time and sloving problems to get it sacrifice. I will not put money in an idea because it sounds good. I will if i see that the proposer is willing to sacrifice everything to make the idea work. Nigerias would just want the new company to start amking millions overnight and hence would bring in as many people as possible to pour in finance and consequently enriching themselves and shortchanging others.

Well, in politics, you see the do or die nature of it. The rich can afford to put their money on the winning horse knowing that they will be rewarded fast. (The Nigerian mentality)

The google idea, though concieved as a thesis took work to realise it, Microsoft (Bill gate), Micheal Dell made sacrifices others will not even consider. They believed so strongly in what they set out to do that they were willing to burn their bridges as they crossed it.

pendelite:


So look at the basics. I have not done this myself as I have no intention at buying Zenith at this point. But remember GTB, it came out very well and slumped after the insiders had made their money. I would, given the Nigerian market avoid periods of hype and promotion.

GTB slumped to as low as N8.60 after their offer that opened @ N10.60 before showing growth signs to trade now strongly @ about N13.00. Several other shares experienced the same thing, even STB(IPO N4.00, Slumped N3.25, PO N7.00).

On the other hand, we could consider Fidelity Bank which did their private placement @ N1.25, IPO @ N2.50 and riched a high of N3.75 ( a magic buy for speculators) and still has growth value.

Zenith has show consistent growth value just like First Bank (last PO in 2003 N18.00, Trades now @ above N32.00 :100%). Such Bank Blue chips favours long term buyers and not speculators.

Beyond the hype and marketing, what is the real value of the stock? Is the share underpriced (If so a time to buy) At what price do we hope to sale in say 6 months time? If we buy now will the price deep lower ?? or skyrocket?? what will you bet on?

Long term investors should be looking @ earnings per share over time while speculators should wondering how fast their ROI will take to get above 40%

Seun:

Yes, I know that they are ok.  In fact, I want to open an account with then.  I am just wondering why they need the public to give them money to expand their branch network.  I want to know more about this banking business; that's all.   This is like Microsoft asking people to invest so they can build new offices.

Update: "Zenith Chairman, Macaulay Pepple, said the proceeds would be utilised for branch expansion, information and communications technology and shoring up capital."
http://www.independentng.com/news/nnfeb020605.htm

Ok, I missed the part about "shoring up capital".

Seun, money is everything they can never get enough..... they need to get bigger and get more branches to have more high-net-worth individuals deposit in them. Shore up their caiptal base to $1 Billion Dollars (N129 Billion) to get Federal reserve of "$500 million or above" Imagine what having that untouched by the government for 3-6 months will do for the bank!
But that above are for those waiting for dividends @ the end of the financial year!!

What do my fellow capital market investors on Nairaland think? Is the [url=http://www.zenithbank.com/publicoffer12006%20.cfm]Zenith Bank offer[/url] oversold or is it an oppurnity ??

1) Zenith is one of the top companies whose share price has not gone below its offer price.
2) Their IPO was 566% oversubcribed in 2004 ( The had to refund over N20 Billion naira)
3) Their shares which was initially sold for N10.90 now sales for N19.64 but is being offered @ N16.90
4) From 6th they will be coming to the market to raise an unprecedented N50 Billion from the
market and there is talk that 70% is already prefentially allocated.

Would we continue to see a run away share value growth (Due to high demand) or wuld the share value plunge after this over-confident gamble and glutting the market with shares?

There are so many ways to solve this problem buti think Oasis is right, employing a db is smart for what u have on mind. Follow oasis advice, name d file sequentially (1,2,3 ... e.t.c) when say the first click is made let d script read a file or database that holds the present record say file 1, increment it and overwite the iniatial record. when u get to the end just rotate he has provided scripts as well

I know i overcane ny addiction to NL but this weekend.... I checked consistently and even had to change DNS servers and googled "nairaland" just in case.

Nice to know it wasnt only me

Nobody has mentioned what Adedibu said on channels TV

" ... he recives N65 million as security vote am i not entiltled to one-third of that?? "

Nija na wa ooo... when d chips come down it all boils down to money !!!

Thanks for this post super, I am just leaving the university and regard myself as an expert in the computer field from networking to Linux administration to Programming in VB and C++ to Database administration.

The point is that am not certified in any. I have 6 months to my NYSC and I do not know if i should pursue my certification or tackle the area where I have not attempted seriously.- web development. i recognize that the ability to deliver a job required is paramount to employees but the problem is really the combination of factors that would make them notice you @ first ... is certification one of them ?

I have not applyed for jobs yet though i have heard from my friends that during interview exams there are usually thousands of people highly qualified (@ least on paper) from 1st class to masters degree and certifications are everywhere.

well, when i did put up this post, i had my doubts about her overall sincerity, my mind kept pointing all this out to me my heart kept trying to suppress it. A battle between reason and emotion; making me very unhappy... I discussed it with her but still was not satisfied.
After reading the post, what i have is no longer a doubt but a conviction

After reading all you posts,

My mind tells me .... "Bros u see, everybody says the same thing, u should have quitted 3 months ago, but now is still not a bad time as it would come out of the blues and you will still get the upper hand. Quit while you are ahead and winning"

My mind tells me ... "Bros, to love, you do not have to put everything said and done under reasons, give her the benefit of doubt; Love her and give her no reason to quit on you, if she does then It would not hurt so bad because you are expecting it as it would not be a surprise to you and knowing it is difficult to have another "Fool" like you, She would miss you "the fool" forever. "

But men .... I would simple put myself beyond being hurt and follow reason. (Thanks guyz for helping me decide), I would play an emotional blackmail game on her now. From now on she is HOLDING SMOKE that tells her it loves her.

prettyH:

Infact IAH, u know it too well. For a guy sef , you're slow. Sebi u'll chop your own and move on abi. Cos the girl is getting her groove on.

Nne .... I quit while am ahead ooo if i notice movements, but this one baffle me well well .... na dat maddness called love ?


But frankly it seems that there is a possibility that she is not being unfaithful, is there not ?

Kokscity:

The writing on the wall is clear " U ARE WASHING A CAR FOR ANOTHER MAN TO DRIVE" Save yourself and Bounce........

Bros, at first this was my first consideration,

naana:

I had to laugh when i read this, but it's true.

Please DO NOT hold on. This girl is obviously not being faithful to you. Look at what happens when you are near her, talk less of when u are not. Please don't fool yourself. Move on. The thing is, you know the answer yourself as you described the relationship as a "relationship trap"
Start afresh.

Then i realiased she is quite truthful to a fair % about things i would never have found out if she did not tell me. Things I can easily verify, contains only few very few discrepancies. definately not the act of someone not being faithful.

IAH:

This is what we call Assistant Boyfriend.

Definiately this could only be the case with the guy abroad because she spent all her time with me practically moved into my house. I had this guy's number did not even have to steal it because she actually moved her phone book into my phone. Both Nigerian number and foreign number the temptation to call it was too much when i travelled so i had to delete it. I still have is mum's number

The problem is that am not likely to see her within 6 months .... Ive been maintaining communications for one month if i slack she might misinterpret it just like the other's case.... Would have been easy to discuss if i could at least look at her face as i talk.. Over the phone or email??

qqq

Am in a 6 months old relationship with a girl who had a guy that has travelled to the US like 5 years ago he comes back once in a while he actually just travelled back Last sunday or so. She tells me that it has ended between them but i have my doubts, I love this girl  and would sacrifice anything for her....

The problem are these,
1)     This guy calls quite frequently from abroad and sends text messages, she obviously sends him text messages and returns his calls as well. When he was in Nigeria, he called everytime and sends text messages. She had to off her phone (The friend let spill that she wanted somebody to buy her a new phone, she later got one and told me that it was her brothers; I did not tell her what her friend said). I discovered that most of his calls is in response to her flashing, she did this once after a brief misunderstanding I had to bring it up she cried and assured me that she did it innocently..I believed her.. She told me that when the previous guy stopped communicating with her after he travelled and refused to answer her mails she took herself out off the relationship, he came back after two years and tried to "buy" her back by sending huge amount of money and gifts (she accepted them) but told him off. (He still bought her a gift now and she accepted!?)

2)    She had an affair  before me which she ended she gave me clear reasons , and there is another guy a friend who hangs around she visits him sometimes according to her the guy confindes in her but because this guy knows we are going out and that she stays at my place most of the time, I am not jealous or bothered. She still keeps that guy handy, exchanging texts with him. I read one text from her "foreign" guy hen he was still in the country, I was cooking breakfast and she was sleeping when the text came. The guy was professing love, I had to then read her outbox and saw forwards these "copy copy romance" text to the two guys. I discussed it extensively with her, trying to show her that she makes all these guyz think she is still in with them which makes them to hang on. It seems she saw my point but it did not end exactly.

3) now I have Left Town and travelled to Lagos and intends to stay here for about 8 months without going back, She just graduated and is entering for a second degree in medicine.... My point is that am in the LONG DISTANCE TRAP now and do not know how to react to it....

Sincerely, I do not know if i should let her go or if i should hold on..... I love her and has even done things I never did for all my previous girls combined for her ... I could hold on but I do not want to be hurt. I have been here in Lagos for a month now I have called her everyday and sent texts and we still communicate well. She has done nothing now to make me doubt her but i still worry.

She is a good girl, a queen, a gem her only downside is these above and the fact that she is a bit materialistic focusing on her comfort a lot. (I have no problem with the materialistic part)

                    LADIES DO ADVICE THIS GUY .... TO HOLD ON OR NOT TO HOLD ON
(Am tempted to use real names her to know if i can link with anybody that knows this "foreign "guy ... I want to understand exactly what is happening) DONT MIND THE LENGHT

The maturity of the woman matters a lot as well.... her ability to balance her love between Husband and child.

Most women give their love to their children and leave their husband out of the cycle prompting the phrase " My Child has taken my wife from me".

After spending her time protecting the child she would need to act maturedly to help the man love the child better by not focusing too much on the chld and allowing them integrate.

chigurl:

my male friends and they tell me that guys tend to take a woman's kindness for weakness. they also said that if a woman looks innocent then that makes her an easy target for knucklehead men. now i notice that the girls who treat guys like dogs are the ones that end up with men who literally kiss their feets but people like me who treat everyone with respect and kindness, what do i get? i get dogged by some macho, sexist bastard who thinks he knows everything and has the right to put his hand on me whenever he wishes.

Naturally these friends of yours expressed their opinion after examining their lives......

Go ahead and treat your men (or women) like rags and see how long they would literally kiss your feet. (They would reach their limiting point and hell would break lose .... the very thing you want to avoid or GOd would redirect them to people who would really appreciate and reciprocate their love) then what goes round would come around

Do not divorce the cultural, environmental and temperamental make up of the individual in how they relate to their spouse. Nigeria and Africa here falls into the Cultural and Environmental make up what of the temprament of the individual. Some Non Africans are still wife-bashers they do no have the same Cultural heritage with us.

Just pray that God helps you find your own man (regardless of colour) who would reciprocate the love you would shower on him.

There are untapped resources here in nigeria believe me.... Give me two or three years you would add my company to the top of that list. Software is a big thing its use is so diverse that there is no limit to its use.

Expert Edge is a good company but i think they mainly resell .... Take Finacle used by most banks including UBA (STB), First Bank. It was indian produced and is being resold here.

As a just graduated student I made income in school programming for people. Programming skills is important but there are some other thing we as programmers need to learn (The only secret I would share here) . . . . we should spend a 6months to 1year learning it.

Seun, your site is fine. I have never had so much fun from a site in one day. Which advise did that number 2 man in the list share with you ?

Nothing !

Haba, 100,000 US Dollars .....

Haba, It could make a lot of impact in one's life (FORGET NIGERIA AS AN ENTITY IT EXISTS ONLY IN THE MIND OF THE MASSES) Bathroom scene or no bathroom scene (Read the JOB_SEEKERS Forum and see). Pretending or not. (After all most people pretend in living their normal life)

For more information, wheather you win or not you are entiled to some dough ... if first price is 100k last price would be @ least 5k and the prime opening is that you would be thrusted into lime light (Pretty girls n guys that want to act movies, model e.t.c)

Ask the prime CAPITALIST question. WHAT IS IN IT FOR ME !

I could have forgiven him (AFTER ALL OUR SO CALLED LEADERS ARE THIEVES).

The impeachable offence he commited was his dressing like a woman. that was an insult to Bayelsians and Nigeria as a whole. Notice that all the Wahala started when he dressed like a woman and jumped bail. (He is not the only thieving publich officer or the only oone that jumped bail either)

Which of his three offences could Nigerians not tolerate:
1) Stealing our money ??
2) Jumping Bail
3) Dressing like a woman

Michelle ... you feel just the way she feels .... angry, rejected, neglected in short UNLOVED. people are just mirrors to our own emotion. You can not get any love from her if you present this facade, she would only try to defend herself (Very few people, very few would not instinctively spring to protect themselves when attacked. you and her are just protecting yourselves by hating (My opinion)).... what I suggested to you in my earlier posting is to turn the ball against her but in a positive way. SHOW HER SOME LOVE. she would be forced to look at her relationship with you

Give her the benefit of doubt. It is true she might hate you but that could be thoroughly misplaced. (You did not mention anything about your father).

Show her some love, LOVE CONQUERS ALL THINGS .... one day stumble in on her and tell her you love her when she least expects it. Maybe after a quarrel, maybe when she is cooking when she least expects it (Do not expect her to open her hand wide for you immediately) but it would stick to her mind when she calms down it would stick to her mind.

Give Love it would come back. .... full measure; pressed down; shaken together; running over.... Respond to here insults with "I love you" and say it sincerely CRY if you feel like it. Anything you want you must it first. And reach out to her she needs you as much as you need her

Am new to this forum and would like to know if Nigerian Chess players hangout here ?!

No need to walk away .... it is an issue because she decided to keep the child ... (a commendable thing), you might never have know had she removed the child.

pluto04:

I was in a dating a great lady sometime this year. I thought I was in love. I was all mushy, mushy. One day she told me she had a son. The relationship was in its early stages. I initially thought I'll be able to handle it. As time went on, it became obvious that I couldn't handle it. The fact that she's "after one" was a big deal to me. I had to walk away from the relationship. Maybe I just wasn't in love or that there is just nothing like unconditional love.

In my own opinion, we can analyse this in two ways.... for the woman; a man with a child could easil be taken in their stride especially if the child in question is not living with him and his upkeep does not make a huge impact on him (Financially, emotional and time-wise).
For the Man; A lady with a child could be looked at in two main ways :- out-of-wedlock or in-wedlock. Most (Should I say immature) men find it difficult to tolerate the either case but would settle for the second faster than the first. (Correct me if an wrong).

For me it would make no difference if she has a child or not. The most important thing is our abillity to understand each other. But i must say she has to be outright with it. No need hiding it as if it is a crime. There is nothing wrong with it. Afterall it is an issue because she decided to keep it if she aborted it "I" might never know so why make a mountain out of a mole hill ??