₦airaland Forum

Zagee:
Wale that should have allowed us do 1000% in peace

Zagee:
If banks are to recapitalize to fund the "new economy", what about the insurance?

ojeysky:
If not for the spirit of wale that is following oando, it has no business below 20. Oanda has done over 3x value of eterna trading today alone

yMcy56:
SEPLAT@2,795 intra-day!
This stock is now out of reach for common man ....

GEREGU @500 intra-day
With this, we may not have seen the end of TRANSCORP yet....just my opinion ooo

UNILEVER: Gradually inching up.......@21 as at now...

yMcy56:
Lol. His prophecy was wrong on Dang stocks and insurance....
Insurance won't underperform

yMcy56:
Market in Green zone this early hours.....
* DANGCEM: @592 intra-day
* BUACEM: 163.35 full bid
* ETERNA: 25.20 full bid
* SUGAR: @81
* NASCON: @72
* TRANSCORP: Not backing down......@18.90 as at now..
* OANDO: getting attention..... @12.70 as at now...

Frangel:
GSK suspended.

Willie2015:
Dangote hit N592...
Think it can clear N650..
To give 100 percent...
Dis season...

chibaby1985:
MTN Nigeria’s ballooning debt is disturbing

https://nairametrics.com/2024/01/19/mtn-nigerias-ballooning-debt-is-disturbing/

chibaby1985:
https://punchng.com/Dangote-refineries-plan-supply-to-150000-IPMAN-stations

Dangote Refineries Plan Supply To 150,000 IPMAN Stations

chibaby1985:
Unilever Nigeria Plc records 51% growth in full year 2023 turnover

https://nairametrics.com/2024/01/20/unilever-nigeria-plc-records-51-growth-in-full-year-2023-turnover/

IYGEAL:
Oh yes, gender fluid, non-binary, etc

edwardaigb:
Seriously, I smell greed.

Zagee:
What's there to write with a Bubu administration??

vacanci:
Pls how much is Dangote cement trading after your prophecy?

IYGEAL:
Why you come use female as your gender Bros?

ProphetUtuocha:
Lest you forget:

Harvestock01:
Extreme risk taking always ends in ruins

emmanuelewumi:
But losing $20 billion in 2 days get as e be. I love NGX as in you can't gain or lose more than 10% in a day.

ekkywolex:
https://leadership.ng/odua-investment-moves-to-list-on-ngx/

ositadima1:
He did not have a diverse range of investments and was exposed to a lot of risk. The large amount of borrowing he did made the risk even bigger. It also made him extremely vulnerable if the market went down.

But that is likely how he grew his wealth initially - it is not easy to make billions by playing it very safe. If u doubt am go get your own.

Maybe he should have stopped taking large risks after becoming wealthy, but the desire to be the next Warren Buffett was very strong.

ositadima1:
You are right, shelf companies and overseas assets may be out of reach, but any substantial assets he owns in the USA, he would be forced to vomit.

ositadima1:
Wrong. Because his creditors would have still liquidated his assets to recover their money, regardless of diversification. I'm not saying diversification is bad oo.

1kinggy:
I've always valued your opinion and this was in line with my decision. May we see more wise elders like you in this market.

rmx:
While other billionaires have their wealth mostly tied up in businesses, real estate, complex investments, sports teams, and artwork, Hwang’s $20 billion net worth was mostly liquid; that is, not tied to tangible businesses.

The summary of the story , diversification, diversification

Agbalowomeri:
Na only me love you o