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Bishopking's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 9:32am On Nov 04, 2019
TA analysts everywhere during bull period.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 1:40pm On Sep 30, 2019
Price of a stock is like the valve on a car tyre. The vertical displacement of the valve as the vehicle moves along is sinusoidal. Always from the lowest to highest.
It does not matter if the car itself is moving forward or reversing.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 1:39pm On Sep 30, 2019
grin cool cool
Crime / Re: Obinwanne Okeke To Forfeit $11 Million, Diamond Ring and Faces 30 Years Prison by Bishopking: 8:25am On Sep 12, 2019
Everything about him is in 30s.
30 under 30....now facing 30.

1 Like

Politics / Re: FG Seeks $5bn Chinese Loan For Mambilla Power Project by Bishopking: 7:34am On Aug 26, 2019
Does this mean that the Nigerian government has not fully privatized the generation section of the electricity?

Does it mean that government will operate the plant when built?

If they decide to privatise it after it is fully operational, will they sell it to their friends (and family members) at give away price while the people of Nigeria keep paying the debts and still be paying for the electricity?

It will be helpful if Nigerians have understanding of what the government is doing

2 Likes 2 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 2:18am On Apr 24, 2019
Godlylifeoneart:
The ceveat in olam deal and proposal excludes net debt
if olam insist on delisting and buying at bargain price at d close of d deal,then minority shareholders are in for a big aaahhhhhh
coz olam is dodging dfm debts at outstanding shares of 5 billion units and offering price of130 billion NGN


130,000,000,000/5,000,000,000 =N26

IF DEBT IS DEDUCTED(TOTAL LIABILITIES AS AT TODAY) I.E 86 BILION NGN
DOES THAT MEANS OLAM WILL BE PAYING TOTAL OF N44B NGN I.E AT 8.8 NGN

HOUSE .....OVER TO YOU FOR COMMENT

The offer stated that adjustment will be made based on the position of the company by March 31st or later date agreed to. This implies that the financial report of 31st December 2018 is not applicable.
Question is 'has the situation of the company improved from last financial reporting?'
This might be difficult to answer as borrowed cash accrues interest. Also, inventory might have depreciated and fees and salaries etc need to be settled.

2 Likes

Travel / Re: If You Haven't Entered Plane At 40, Life Has Passed You - Nigerian Man by Bishopking: 3:27pm On Apr 20, 2019
lepasharon:


Thanks for being honest. Every other person here is lying or bragging about their pseudo achievements

Seriously?
Travel / Re: If You Haven't Entered Plane At 40, Life Has Passed You - Nigerian Man by Bishopking: 3:25pm On Apr 20, 2019
buygala:
He is actually right smiley

If at 40, Nothing has made you fly in an airplane, even if it's from Abuja to Lagos, then there is definitely something wrong with your standard of living and improvement in capacity to afford life's little conveniences sad


This is my opinion please....I don't have energy for fight smiley


Hmmm. What if he lives in Kogi and he can move from his base to those cities conveniently by road?
Travel / Re: If You Haven't Entered Plane At 40, Life Has Passed You - Nigerian Man by Bishopking: 2:59pm On Apr 20, 2019
People who attach milestones to age are often frustrated or misguided people.
Individuals are running their own races. There are people who own airlines at age of 28 and there are people who beg for next meal at age of 70.
Entering plane age sounds silly for comparison by any standard.
I remembered a time when I went for a training in another Nigerian city (I had stayed in Europe prior to this time, by the way). I had a fully paid for tickets by my company.
I chose road on the return leg instead because I didn't feel comfortable in the outward leg.
If I had my way, I would be traveling by rail especially the fast trains.

1 Like

Education / Re: '3.5m Per Term' Secondary School Reunion Turns Into Tale Of Woes About Nigeria by Bishopking: 10:01am On Apr 17, 2019
I had a conversation with my girlfriend sometime ago. She said her children must attend the best school and university in the world. I.e. Havard and all. I replied that I would support my kids to the best I can. But that it is not mandatory to study at Harvard and the like especially if parents can not afford it.

From the original post, i.e the Twitter rants, it is clear that sending your kids to the best school does not guarantee success. Take for example the fact that the privileged children are now selling off the family inheritance just to go and live 'big' in white countries.

What are their contributions to anything or anyone around them? My thinking is that the Twitter fellow want us to know that now that they are checking out of the country, the country is doomed as a result. I disagree. I think that their type exemplifies what is wrong with black nations where people take privileges as right and are quick to forget who was on the other end of the stick.

4 Likes 1 Share

Politics / Re: President Buhari Condoles With France, Christendom Over Notre Dame Fire by Bishopking: 1:50am On Apr 17, 2019
Hmmm. Wonder, wonder.
Education / Re: Is Studying Engineering In Nigeria A Scam? by Bishopking: 11:04pm On Apr 14, 2019
A lot of black people like to 'build" already built house.
Europe is developed...same for most parts of the world.
Let Nigerians develop Nigeria using known and yet to be discovered engineering principles.
Engineering laws do not expire. Application requires great intelligence and brain power.
Education / Re: Is Studying Engineering In Nigeria A Scam? by Bishopking: 6:40pm On Apr 14, 2019
The thing is that engineering thrives on plenty theories. But not the way many people understand theory.
Let's say we want to build a transportation system that works by teleporting matter. We will start by theorizing on motions of particles; nature of particles; etc. Basically, we will be asking questions and answering them as logically as possible while conducting experiments to find out for sure. We need to theorize a lot as we dont know how things can go well or go wrong. Even, in the process of a discovery we ask more questions. This can be called basic science. Applied science is related to that. It builds on what already exist. Just expanding knowledge in order to converge.
Now, let's say you now discover how to teleport an atom successfully, next is to use this knowledge to solve a practical problem which contributes values. The applicable skill required to design a workable solution is Engineering. Then, we still need the step by step means of executing the engineering solutions. This will include manufacturing techniques and testing programs.
After you have the components that are already manufactured to achieve the goal, your technicians and artisans help to put them together according to procedures.
Now, a lot of people think that the technicians and artisans that put these components together are Engineers. No.
They even think that university education should be tailored to putting components together. Sorry! That is what technical colleges are for. Unfortunately, we do not have well structured technical education system in Nigeria. Other nations such as India on the other hand have these institutions in abundance and churned out the technicians that end up coming to Nigeria to do such jobs.
From my write up so far, one can see that our engineering curricula are not the issues per se. I have identified these problems:

1. Many students that are studying engineering courses have no real passion for the courses that they are studying. They just want to pass exams in order to start working with multinational oil companies where the main engineering works are probably done in western countries since most of the companies are of western countries origin.

2. Incompetent lecturers: a lot of the lecturers are grossly inadequate and they do not improve themselves. Some are even in the lecturing roles to appropriate benefits to themselves.

3. There no real national challenges that force our institutions to deliver engineering innovations. Most infrastructural need are solved using contracts (albeit inflated) to foreign companies. Even our military needs are all bought as packages solutions. Our leaders do not understand value creation.

4. Our society is a 'belief' and not a 'thinking' one. Creativity is sacrificed on the alter of religion and superstition.

5. Our national economy thrives on corruption that feeds on ignorance of the masses.
Politics / Re: NERC: Nigerians To Pay N36,000 And N67,000 For Electricity Meters by Bishopking: 3:26pm On Apr 07, 2019
Solution is simple.

KILL MONOPOLIES. All the discos are operating in monopolistic manner
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 9:35am On Feb 18, 2019
Take 'Expert opinion ' on stocks with a pinch of salt .
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 11:47pm On Jan 24, 2019
Mpeace:
Abe hep me ansa this question.

The answer is $2

Let's say our guy started trading with $10
He invested 7 to get 8. This means that his total money becomes $11.
He then invested 9 to get 10. This means his total money is now $12.
Ultimately, be gained $2.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 9:31pm On Jan 23, 2019
lancee:
Is the bonazozoo grin still coming ..few weeks to election ..be like say pple don dey busy to comment these days ..stylishly taking position grin

*Still Watching * This is Nse

������
Crime / Re: Analysis Of How Blood (ritual) Money Really Works(?) by Bishopking: 7:06pm On Jan 06, 2019
Crime / Re: Analysis Of How Blood (ritual) Money Really Works(?) by Bishopking: 12:33pm On Dec 05, 2018
The rate at which young Nigerians are seeking unmerited wealth is disturbing. God save Nigeria.
Business / Re: Symbol Exports First Zinc From Nigeria Mine by Bishopking: 9:25am On Nov 30, 2018
What they do is tantamount to selling human beings to slavery.
Africans in leadership position have not evolved in thinking to see the whole instead of tiny parts.
Business / Re: Symbol Exports First Zinc From Nigeria Mine by Bishopking: 11:02pm On Nov 29, 2018
11doubledee:
If true, then Nigeria is slightly getting back on track.kudos to the government

Get the grey matter.
Business / Re: Symbol Exports First Zinc From Nigeria Mine by Bishopking: 11:00pm On Nov 29, 2018
Nukilia:
Bad news! Why should it be exported out of the country? Can't we add value to it in Nigeria? Which kind of rubbish are we doing in this country?

Only reasonable response up to this point.
Africa keeps prostituting its future away.
And morons think it is a welcome development.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 11:50am On Nov 20, 2018
Bitcoin may soon hit $3704
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 5:32am On Nov 11, 2018
DeRuggedProf:


You read that a woman's womb is rotting and you want to rush and marry her for the purpose of bearing children for you?

Be very scared and extremely careful of AN ADULT that is growing into A CHILD! grin

NEVER buy a stock on NSE with a mindset that it will be turned around. Most end up been turned over...

If you are hungry and want to eat food, will you go to a restaurant where food is ready or will you give out your feeding money to a farmer and wait to eat after his harvest?


Buy only stocks of companies with improving results quarter after quarter and year after year as a biginner.












You are a wise fellow.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 4:05pm On Nov 10, 2018
tritritri:



In this biz only d pigs r slaughtered .

I was part of the PIG dat was slaughtered and it was due to Overconfidence & doubting the ogas here dat quickly bailed & ran-away.i also had other investment i need to face so was not chance to monitor stock.

Once d ogas start buyin i will start again.

I'm humbled and over careful.

Start buying.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 3:44pm On Nov 10, 2018
veecovee:
Hope u no dey wear skimpy ...

Hello. Move to adult section, preacher.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 6:26pm On Nov 04, 2018
DOLLARTEX:
is fbnh going back to 3?

Maybe
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 7:54pm On Nov 03, 2018
Bananza has come grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 12:14pm On Oct 28, 2018
How to make money in stocks...lessons from the jungle. Money is in the mouth of NSE lions (or STOCK LIONS )
Take your portion at an opportunity. Don't be too greedy. Be decisive.
And let the game continue.


https://www.youtube.com/watch?v=TBpu4DAvwI8

2 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 10:20am On Oct 27, 2018
Can Fide catch up with FBNH ?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 11:33pm On Oct 25, 2018
Bonanza is not coming o. Fidelity might hit naira before December.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Bishopking: 4:06am On Oct 17, 2018
Yayira:


Yimu
they all run things differently ok ?.
Na so una carry una prophecies come for fcmb h1 .. even fidelity.
If you are not a staff of any company on NSE or sit on the board, just wait patiently for the results.

What is right price for wema?

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