Watch this before you invest in NCB’s APO!

Apply for the APO at goipo.jncb.com
NCB Financial Group wants to raise over 5 billion jamaican dollars through an additional public offer.
The company is offering 78 point five million shares for sale. Seven hundred eighty-five thousand shares are reserved for employees.
Shares to the public are going for 65 dollars each. The smallest quantity you can buy is 100 shares followed by multiples of 10. That means you can participate in this offer for J$6500 plus fees, that’s about US$42 dollars.
The offer is set to open on May 6, 2024, and is scheduled to close on May 27, 2022.
Applications are being accepted through NCB Capital Markets.

[@Planbdesign1]

I've grown tired of the seeming unbridled looting of people's accounts at NCB. The stories of the victims are heart-rending to hear. Until NCB firmly stamp this out I don't think I want any part of this.

[@phoenix5388]

Could it be they were/ are trying to raise money to pay off the bullet payment to noteholders linked to Portland Barbados which they defaulted on? One part of the collateral put up for that $23 million USD matter were shares in NCB. Might be connected or it may not be. An interesting consideration regardless.

[@MultiKydd]

When Ncb was at its highest point it forgot, and paid scant regards to the people who put them where they were. The list of complaints were rising and were not being made from thin air there were issue that were not being dealt with. Has anything been put in place to effectively prevent that from happening again. The fraudulent activities is a whole different story …

[@Moneystayswithme]

Mike is tryna put us on to this game for J$6500/US$47👊

[@penelopegoldsmith8976]

I would like to see the par excellence customer service Mr. Lee-Chin is speaking about.

[@ddunkin4258]

Instead if waiting 45 minutes for Customer service to pick up the phone they now promise to pick up within 44 minutes.

[@tavreneestubbs-reynolds2846]

@@ddunkin4258funny enough I have never waited long for NCB and I get my answer unless the other bank their customer service never helps and the dont understand.

[@penelopegoldsmith8976]

@@ddunkin4258 no joke and of course that would be seen as progress🤔

[@Moneystayswithme]

Kalilah, why are you getting dividend "cheque"? Step your game up hon😄 & have that payment made to an account.

[@valryturner2591]

Yes we can ..

[@jamdownbeli]

A great institution. Keep up the great work!

[@owenferguson7893]

Hope every town in Jamaica are aware of this share offer and not just Kingston or montego Bay

[@valryturner2591]

Jamaicans have to get a broker or can I just walk into the bank and do it without a broker ? ..

[@kvw8623]

You need a broker

[@LookingupinJA]

I have lost 1/2 of my investment in the Guardian shares .. why?

[@alibaaba3310]

You have not lost half of your investment. You still have the shares. However, the shares have declined in value. The decline is due to many factors, many of which are environmental factors. You need to learn to read the market conditions and to make timely strategic moves.

[@brotheradam]

If they offered a way for people such as me to buy 200 shares and it be the start of a stock trading account. Then i might do it.

[@brotheradam]

In usa could direct purchase many DRiP stocks.

[@user-uc4oo6ts8p]

Kalilah what is an APO

[@xraydesigns3880]

Apo means an additional public offer. This is when a company that has already had an initial public offer (ipo) goes to the public to raise additional cash.

[@olavienjohnson6709]

You woman have the heart to allow NCB to use you to continue fooling us. This is shameful. Why the hell would I want to invest in NCB. My God unu have no limit

[@madmaxxxx876]

This is the best page on KZbin right now.

[@mikhailmattis893]

I have been waiting for something to invest in. However why did the apo have to be ncb. I just don't trust them. So idk. What to do.

[@ddunkin4258]

Jamaica Mortgage bank is scheduled to put out and ipo.

[@alibaaba3310]

Analyse their financial statements and analyse the economic environment. Compare their performance to the other financial groups in the market. Ask yourself this: What has changed in NCBFG when their price was $230 and now? Based on the answer you tell yourself, determine if this is sufficient for you to lose, gain, or have equal interest in the entity.

[@karlstoessel4435]

Pay attention to Shiba Inu

[@morelife7625]

FACTS 💯 A it mi a pree fam. Have being paying attention to it on the Weekly and Monthly chart. I have 600K+ Shiba Inu.

[@ddunkin4258]

Mr Lee Chin as the Chairman ot the company wants us to believe he had NO idea that dividends were not being paid in almost 3 YEARS and he as the chaiman had absolutely NO KNOWLEDGE of this.Who is he trying to fool?.

[@oshane2525]

Lol. 7:25 Omar Davis signing away tax dollars

[@ddunkin4258]

I will NEVER want to invest in a company such as NCB where there is so much fraudulent banking activities.NOT INTERESTED IN IT'S BOND,APO,IPO OR ANY OTHER O FROM THIS COMPANY.

[@madmaxxxx876]

Thinking the same. Not really confident in them

[@LookingupinJA]

Plus it’s cheaper to buy on the stock market ..i purchased share with one the insurance companies in their group and I have lost 1/2=of my money …luckily it was money I could afford to lose …confidence is low right now so I will sit this one out

[@tavreneestubbs-reynolds2846]

@@LookingupinJAit’s not cheaper to buy on the market. The commission and other fee is more expensive.

[@LookingupinJA]

even with the fees it is less than buying at $65

[@alibaaba3310]

So you think the other banks are not experiencing fraud? NCB maybe the one bank that is open enough to tell about their exposures. Most have hidden it to prevent exactly what you're saying. Also, remember, NCB is different from NCBFG. The APO is in the NCBFG.

[@armandyau810]

Agree

[@Jemz35]

Don’t believe the hype people. Don’t waste your money in NCB.