₦airaland Forum

Seun:
If, within five minutes after a specific prayer by a theist, the stars in the sky were rearranged to spell I AM GOD: I EXIST, and it could be seen by everybody, and it could be scientifically confirmed by every astronomer that that the stars had indeed been moved around and it wasn't just an optical illusion, then I might be convinced that there exists a great mind out there which is capable of moving stars around in response to prayer.

Can any theist make this happen? (cc: winner01)

Divide 1 by 7 billion, what do you get? zero right?. That's how insignificant you are. Who cares whether or not you're convinced?

exclusiveoloori:
Write a letter to them that you want to add a specific amount of money to the existing one.they will add it up for you and roll over at that very date it matures. Dont terminate. I have tried this method with first bank thrice and it worked

That's why we need a forum like this. We get to learn from the experience of others.

Thanks for sharing.

Seun:
The vast majority of sensible and intelligent people in the world are fools, but you are wise? How arrogant!


The earth doesn’t rotate to cause day and night for us. Rather, humanity observed the effect of the earth’s rotation and labeled it “day” and “night”. The earth, like many objects in the universe, was rotating long before we got here, and will continue to rotate after we are gone.


No, it is not a perfect fit. Sometimes it’s too big, but more commonly, it's too small. Hence the endless debate about whether ‘size matters'.


1) It only detects some substances, not all. Otherwise it would be almost impossible to poison a rat or any other creature with a brain.
2) Evolution explains this. Our ancestors who could identify and avoid potentially dangerous foods survived, while those who couldn’t died.


No.


When PDP ejects politicians, APC takes them in and vice versa. This doesn’t mean that someone intentionally designed it to work that way.
Plants came before animals. They used the sun's rays for energy and to build their bodies, and excreted lots of oxygen into the atmosphere.
Animals evolved to use the bodies of plants and the waste product of photosynthesis (oxygen) for their own stuff. They weren’t co-designed.


But it doesn’t prevent the raindrops from freezing into hailstones and hitting humans with destructive momentum.


No, DNA is just an organic molecule with self-replicating ability. We call it ‘code’ because it has a code-like structure, but it’s a just a molecule. Sometimes you might see a cloud that’s shaped like a human face in the sky, but you can be certain that it’s not an actual human face.

The summary of your argument for God is “nice things exist, therefore God must have made them”. But what about bad things like Ebola?

You've only given your own perspectives, and they're mostly filled with ignorance.

1. People who attribute creation to a God outnumber those believing evolution 5 to 1. So it's ignorant of you to say folks believing evolution are a majority.

2. Maybe not for you, but for most people I know, the earth's rotation marks days and nights for us. And you're wrong, the Earth's rotation isn't gonna be forever.

3. Avoid premarital sex, and marry your own wife, you'll find that it fits perfectly. Meanwhile you know you took that out of context. The basic point is a 'hole' rather than anything like else was made for a 'peg'. There's lubrication too. The details involved couldn't just be random.

4. It's funny you don't see how the functionality of plants is majorly centred around human comfort: They breathe out what we need, they yield grains, roots, fruits and sorts which contain the exact nutrients needed for the human diet. If you want to give unnecessary explanations as to why they weren't made for man, suit yourself.

5. Rain is what falls everywhere, so something's been put in place to prevent it from causing unavoidable harm.
Hails. don't happen everywhere. Maybe man could have left some regions of the earth uninhabited.
If people chose to go inhabit Antarctica, would you blame God when they start freezing to death?

6. Apparently, what you said about the DNA is only the little you know about it. Perhaps, like me, you yet should read up. However, Bill Gates was once quoted as saying "The DNA contains more complex information than any software we've ever made"

And I've heard of molecular biologists who got born again just by the amazement they encountered as they advanced in studying genes, DNA and sorts.

7. Why do babies die? why are there incurable diseases? why do people suffer?

These are some of the things you always wanna blame on God. That's where you're wrong.

First you should know that these troubles started and persist due to some humans' actions or inactions.

How did HIV get into man? How about Ebola? Yet it's God you want to blame.

I have an assignment to accomplish, if I should fail, I know that a problem would yet persist in this generation, but I won't, which is why the world will be a better place by the time I'm through.

Take yourself for instance, God has given you one of the brightest minds ever, and rather than seeking what the real purpose is, you're there thinking the best you can do with it is rant anger at Him. if you fail, a problem will yet persist, and you'll keep blaming God.

Since man got on the earth, every of God's interventions, He's had to carry out through men. Most of them fail. Problems persist, You wanna blame Him.

Like I said, 'god' doesn't exist, but that's only the god you picture in your head. The magician, stunt pulling kind of god.

Repent Seun,

Jesus loves you.

Agbalowomeri:
Well at least we can agree that the further it is from 26, the better the bargain.

Yes Sir.

Agbalowomeri:
I think the equity is 625?

I saw 496bn.
Your PDF viewer is Aba made. or maybe it's mine.

Agbalowomeri:
Findings (based on full year audited 2017 reports)

Guaranty

-ROE - 27%

-BV 21.3

-PBV 1.9

Should sell at most 32 (1.5PBV)


Zenith
-ROE 22%

-BV 26.2

-PBV 0.9

Should sell at least 26.2 (1PBV)

Zenith appears to be bridging the gap in inefficiency, looking from the ROE
So Zenith at N13 would be a kill

Or Zenith at 13, would be you pulling our legs.

By the way how did you calculate GT's BV. I got 16.85_ as contained in my post 'at the top'

Agbalowomeri:
Market punishes inefficiency
Let me see if the difference in efficiency still exist between Zenith and Guaranty

Sir, isn't inefficiency disparity between these banks more of cost to income ratio than returns on equity. That's a question to an uncle o. Not an argument.

From the latest full year statements:

GUARANTY:

BVPS= 496bn/29.43bn share= 16.85
EPS= 4.67
ROE= 4.67/16.85= 27.72%:

ZENITH:
BVPS= 821.66bn/31.4bn shares = 26.17
EPS = 5.66
ROE= 21.63%

27.72%, 21.63% not too wide.

From a cost to income perspective, the EARNINGS/REVENUE ratio for both banks is:

GUARANTY:
170.47bn/419.2bn= 40.67%

ZENITH:

177.933bn/745.19bn = 23.88%

40.67%, 23.88% now that's some gap.

actually by replacing the '%' symbol with 'NGN' , we'll get pretty good approximates of their stock prices.

What do you think Sir?

Nnamz:
You know you don't get your interest upfront right? That is enough reason for me not to use the app

More like fixed deposit with the bank promoting it.

Those using it, anything like withholding tax in the terms?

Willie2015:
Give your bankers a counter instruction not to rollover on maturity. It will drop in ur acct, then u can add money and issue a fresh instruction

This is my opinion too.

Agbalowomeri:
Dangflour

ROE 8.4%
BV = 7.9

PBV = 1.1

For Industrial/Manufacturing (given higher premium by market), I take every 10% ROE = 1PBV (for banks/financial sector 0.5PBV)

Appears this one is also about rightly priced (selling at 13% premium)

Be like this market is efficient at the moment

CP come carry your work o

I used to emphasize book value too, but I think earnings are a more important gauge.

What's the use of big book value with low earnings.

Banking stocks 5x PE,
consumer goods 10x
Right.

MonkeyHunter:
Agba might be focusing on preferred entry price while CP might be looking at target exit price hence the difference.

By "current price", I meant current market price. e.g Zenith at 23.70, Agba's price =11.85

Cadillac15:
I dont have a problem with this handle too and you will testify i have seeked your opinion in the past.

But Caution that nimwit to stop the side remarks.

Cornwall would say "sought'

Meanwhile, formula for Agba's fair price= current price/2
regardless of results.

Quite straight forward.

Agbalowomeri:
Come is the company the commercial banking operation that is still reporting loss?

Seems the bank is back to profitability.

Made 84% of the group's earnings

Apparently, the 187kobo FBNH EPS was annualized.
H1 EPS was actually 91kobo according to Nairametrics.
https://nairametrics.com/fbn-holdings-half-year-2018-results/

Agbalowomeri:
Make CP give us fair price I fit give u grave robber price sha

74 kobo?

Agbalowomeri:
This girl called dominique the day I catch you
At least I no talk say make u no pay homage
U don dey look for opportunity to ban me

#Isorite

Awesome!

Glad you're back.

How much for FBNH EPS is 187kobo, annualized 374kobo.

Your fair price should at least reach that 74kobo on top. Right?

Mcy56:
Make someone no quote me again o, I don move on.
I hope say my ogas go come back. E no concern me wetin anybody think or say. You no fit pursue me for here except I decide otherwise.
If anyone quote me, I get answer for am, na work my night school teachers do, na PHD dem get ........ but I no go answer anybody again sha.
Na very gentle person I be, if you put water for my mouth, come back next week, you go meet am there.
#Peace#

Which stock? Mutual benefit?

I think I'd rather go with with Monkey hunter's Union diagnostics.

The part I love most is where he said I could buy 1% of the coy for just 7m.

P.S

Just in. case you're wondering : what's this one saying now? didn't he read the post he's quoting?

I'm just trying to... you know, make us talk stocks more.

Seun:
From the title of this thread, it looks as if Winner01 is conceding that his God doesn't have the ability to use evidence and reason to convince every atheist in the world that he actually exists. Apparently his God isn't clever enough to persuade rational skeptics. If Charles Darwin, a mere man, could convince the vast majority of skeptics that they are apes, why can't winner01's God merely convince them that He exists?

It's not why can't he?
It's "Why won't he"

He won't cos, he doesn't have to.

You think he reckons that much with fools?

Mind you, only fools and apes are convinced by Charles Darwin.

Any man who believes the proposition actually needs help with his mental faculty.

If you were not a disgrace to education,
The earth rotates to cause day and night,
The male reproductive organ is a perfect fit for the females,
The brain detects harmful substances from just smell and taste,
Evaporation exists to make for a perfect water cycle,
When plants eject Oxygen, animals take it in and vice versa,
There exists terminal Velocity in fluids that prevent raindrops from hitting humans with a destructive momentum,
The DNA contains one of the most complex codes,

These are few of the millions of things a rational person would consider and be more than convinced that there must be an author.

Yet you're there wallowing in foolishness saying you, and your family are monkeys.

Mental blindness is a disease of the worst order. Goodluck coping with it.

Seun:
Who is Richard Taylor and when and where did he make that statement, and in what context? If the quote is not a complete lie, then he was just trying to explain the theistic way of thinking. All those dot dot dots in the quote are there for a reason: to mislead lazy readers.

Why not find out for yourself who he is, the authenticity of the post, and what the dots mean.

Apparently his own blindness wasn't as bad as it is with some of you.

4601CE:
December/January? Wow!
Okay thanks. But I will try to only open the account now anyway

And maybe play with 5-10% of your monthly income. You may find that perfect strategy that'll always beat the market.

Positions should be rightly timed. Now's time to be light.

Agbalowomeri:
Not when you can get 6% of the same coy later

I know it's just sarcasm. Whose legs you're pulling is what isn't clear yet.

Rice, Refrigerators, cars, everything has gone up in price, yet Agba wants the valuation of the companies that add these values to plummet in a relatively stable economic climate.

You know in your church mind that the 14 naira Zenith isn't happening. However your 70kobo post on FCMB got me laughing out loud. KEEP up the sarcasm Sir.

Agbalowomeri:
All these grammar make fcmb reach 70kobo first

There was a naira whose 28,000 units could buy 1 tonne of cement. That naira is DEAD 14b units of that naira would get you 3% stake in Zenith.

The naira now around is one which you'd need 72,000 units of to get a tonne of cement.

It makes no financial sense to sell my more profitable 3% stake for a less valuable naira amount.

please consider this in your price forecasts erstwhile you'll be praying for prices to again hit lows you gallantly ignored.

dipoolowoo:
T-Bills Reverse Gains as CBN Mops up N496b via OMO Sales
https://www.businesspost.ng/2018/07/20/t-bills-reverse-gains-as-cbn-mops-up-n496b-via-omo-sales/

91 days 11.05%

210 days 12.15%

zamirikpo:
in essence my broda should we have any hope of getting to 12% any time soon.

Yes sir. Before end, Q3.

Chibuking81:
Why did some bank like Oceanic, Intercontinental bank, etc mainly own by southerner has problems during Yaradua administration, it goes beyond what an ordinary man can view, some might not know that it has something doing with his second term bid, before he met his untimely death.

Your explanations have painted a clearer picture sir.

By the way, it almost seems like most Nigerian banks are "owned" by southerners.

alezzy13:
Interesting. Can't recall NTBs under subscribed in recent times.

I guess investors are beginning to look to elsewhere. Rates have really not been encouraging past few months.

Bonds were sold at 13.8% at the last auction in June.

Dangote Cement, Nigerian breweries, Coronation Merchant bank have all recently issued commercial papers at rates that beat T-bills.

This new woman at the DMO means business with lowering borrowing cost for the government.

zamirikpo:
Come Ooh, what happened to the 0.01% in the 364 days tenure, CBN better put it back.
When am spiritually imagining 12% for 364 .

Ordinarily, rates should have gone back to the 12-13% range by now.

It appears CBN&DMO really want it at sub 12% for now.

CBN have been selling OMOs at the 12-12.5% region though-for tenors above 200 days

yok:
MSCI- NIGERIA MOVEMENT FOR 18 JULY 2018

18 July 2018 was a clean slate day. Not surprising, fund always slowdown in the face a pending major news.

[b]Expecting a dull market from now till next week end. MPC meeting again will be in focus against the meeting of 23-24 July 2018.

Sir, the expectation is that the MPC will maintain the status quo. Very likely to be that way for the rest of the year.

Today's stop rates from nairametrics: 91- 10% 182- 10.5% 364- 11.49%
They sold less than they offered. Bills were under subscribed.
https://nairametrics.com/july-18-treasury-bills-primary-auction-results/

Chibuking81:
I am here now. Just 2% and celebration, by the time you will see -100%.
My announcement is not intended to undue anybody but to help, over some years now, I have been following what goes on in our country economy/ political environment, also foresee what follows it.
Go back to my post before 2015 election (in 2014) and see what happened, it's 100% accurate, again when I announced coming back of bull, it was also 100% correct.( when nairaland was hack most of our post was deleted by the hackers virus)
Another situation has come again, and this is for bear domination till after election, if you want accept, but it will surely come.
I must not run, but wait for the opportunity to present itself

Your conclusion is like a doctor giving prescription based on just his opinion rather than test results.

If you made enough findings on the 2014-2017 market crash, you'd discover that the impact of the elections was 10% or less.
On the other hand, the impending currency crisis held more than 50% weight of the cause.

Elections were concluded in Q1'15, why then did the market struggle thorough the next 8 quarters after elections.

On the other hand, the currency crisis began in late 2014, remained through 2015, worsened in 2016, and was abated in Q1'17. Check the growth trend of transactions in the I&E FX window and compare with the movement in the NSE ASI, the picture will be clearer.

Let me give an instance to illustrate why history may not always repeat itself.

On June 25th 2016, Your wife bought you a Rolex for your birthday.

ByJune 25th 2017, you expect another awesome gift from her. But you need to align your expectations with current realities.

While she was a big Executive in 2016, in 2017 she's in between jobs. So it'll be foolhardy to insist that history repeats itself.

Or your first son graduated with a first class degree, and his younger brother has just gotten into college. You wouldn't expect history to just repeat itself if you found that unlike his elder brother, your younger son chooses parties over classes.

THE ELECTION ISH IS OVER RATED!! IT'S PROBABLY GETTING ...

Godisfaithful:
Bookmarked

You'll wait till December. December 2016 that is.

Ochux01:
20% in 30 working days?

Yea, but its not!

I thought so too when I first heard it. I got to the office with a mind to try out with like 20-50k but after all, I ended up investing far more than I planed. If I had 5m, I would have invested all with this company, where can they run to and how? They own and manages some of the most prestigious Estates on the Island of Lagos, its verifiable, they are registered, with functional office address, staff and landed properties that run onto billion.

They also give 4% referral bonus.

Call for more info: 07013510007

The question isn't "where can they run to?"
It's rather "why are they desperate for funds?"

There are things called corporate bonds and commercial papers. Let them issue any of these, and let rating agencies certify, then you wouldn't have to market for them.