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DaV8King's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:52pm On Feb 19, 2018
Agbalowomeri:
My Oga what we generate is not too low if you consider what would be saved if corruption is eliminated
Using our proposed N 8trillion budget at N360=US$1, we spend approx US$23 billion.
http://www.budgetoffice.gov.ng/index.php/2018-budget-proposal\

To put in perspective, SIPRI states that Israel spent approx US$16 billion on JUST defence in 2016
https://www.sipri.org/sites/default/files/Trends-world-military-expenditure-2016.pdf

Very small indeed, our national budget.

Greed and waste only contrive to shrink it further.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:24pm On Feb 19, 2018
pluto09:
Not exactly.
We have two major problems in the country.
What we generate as revenue is too low and we misappropriate the little that we generate.
It is not only about politicians /executive, we are all involved.
A million likes for this!
Christianity EtcRe: Jehovah's Witness Refused Blood Transfusion For His Pregnant Wife Till She Died by DaV8King(m): 11:47am On Feb 19, 2018
Yes, you are a Witness but my guy borrow brain now.

Thanks to your zombieish worship, she's dead, pikin is dead and you are alone.

Now, na Jehovah's Witness wan give you comfort or be your new wife?

RIP to Mama and Pikin.

Papa, see your own below...............

Car TalkRe: How To Make Your Car Tyres Last Longer by DaV8King(m): 11:25am On Feb 12, 2018
Alignment and balancing are key, especially on these our bumpy roads.

Tyre pressure/inflation too. Many "tyre burst" accidents are caused by over/underinflation
PoliticsRe: Buhari’s Ministers Who Want To Be Governors In 2019 by DaV8King(m): 7:10pm On Feb 11, 2018
DIKEnaWAR:
That Adebayo Shittu would be Buhari, Yahaya Bello, Ajimobi, Rauf Aregbesola and Rochas rolled into one. His government would be a very sad comedy show.


May God rescue Oyo state from men like that.
Wickettt grin grin

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 10:51am On Feb 09, 2018
Mr Market is looking very red-eyed and punch drunk.

Some Anthony Joshuas are still standing.

Load your Flour Mills, Dangotes and UBN. Access for long-termers

Pay your tithe when the profits roll in.

Do not be stuck by analysis paralysis or greed when it's time to sell.

#HappyWeekend in advance Sirs and Mas

DD is well advised.
BusinessRe: Banking Stocks Emerge Best Performers, Offer Investors 73% Return In 2017 by DaV8King(m): 12:47pm On Feb 04, 2018
igbodefender:
Why is that knowledge widely available? And besides, if one buys shares today, one should be able to flip them easily by tomorrow.

I know someone who got a stroke because he bought shares worth N1 billion and couldn't sell them at the right time till the shares were down to a mere N100 million. So, I know what I am talking about, Sir.
And I am telling you that in the past you would have been 100% right.

But now, you can buy and sell online with a click on your device ANYWHERE in the world.

Read https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3092 from the beginning of thread

Or ask this same question let other nairalanders like me also educate you.

You're welcome in advance.
BusinessRe: Banking Stocks Emerge Best Performers, Offer Investors 73% Return In 2017 by DaV8King(m): 11:46am On Feb 04, 2018
Boss13:
When information is distorted greatly to fit the narrative. Only 4 Bank stocks are reliable to invest in, the rest are junks. Well good enough they listed the Banks - GTb, Zenith, Access Bank and UBA
FirstBank, Fidelity, UBN, StanbicIBTC?

Baba just say I no know and ask
BusinessRe: Banking Stocks Emerge Best Performers, Offer Investors 73% Return In 2017 by DaV8King(m): 11:44am On Feb 04, 2018
igbodefender:
They should make these stocks more accessible to the average Nigerian and more transferable.
You can trade your shares online by yourself nowadays.

Just use Google and don't assume sir.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 11:20am On Feb 04, 2018
olyrayy:
Eya. That's sad.
Tbh in our clime, politics is still very interwoven with business.

More than the norm elsewhere in the world.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 11:19am On Feb 04, 2018
RabbiDoracle:
Lots of precedents have been set. So if you arrest now, they will say what of this other person that they didn't do anything to.

That is why the best is to go after the past and present so that they will pay for their crimes.

It will become an ethnic fight.
A real probe of Nigeria as a whole is needed, say over the last decadee.

Government officials, business men, pastors, imams, traditional rulers.

No stone should be untouched.

Something similar to the Saudi purge, which I agree is also politically driven.

The reach of investigation and reparation minus the politics and lies is what we need.

May God provide the Lion that will do the needful for us. Amen

Enough politics from me here wink cheesy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:09pm On Feb 03, 2018
DaV8King:
Oando is in the eye of the biggest corporate storm in recent Nigerian history.

JAT and MB, via investment vehicle O&O have apparently been dancing one corner on investor's funds while declaring some of the biggest corporate losses in national history.

Shareholders, represented by Ansbury and Alhaji Mangal petitioned SEC after NGN 15+billion worth of capital belonging to the duo had been destroyed.

Unfortunately, SEC's DG had his hands tied by his past and as we know, has basically lost his job for doing his job.

For the same reason, forensic audit or not I don't see the case going anywhere despite Oando's repeated court losses.

The sad irony is that Oando's predecessor, Unipetrol was sold in 2000 to O&O due to the same mismanagement.

Deep down, Unipetrol never died as this latest scandal shows.

Wale and Co simply tried to rub lipstick on the pig.

Clearly the pig got dirtier in its new colors.

Me and my family don't do piggy looking or smelling stocks no more...................run if you get tasere units there.

Apologies and sympathy to those trapped in the stock, may God prevent the Japaul story from being your lot.
I repeat, why are this bunch of crooks still free men?
CrimeRe: Killers Of Fulani Man, Alhaji Moggogo, Arrested & Handcuffed To Hospital Bed by DaV8King(m): 6:28pm On Feb 02, 2018
But wait o, defensive shots with which arms?

Thought Minister of Defence and IGP said no one should arm themselves

Nigeria and Nigerians, tell yourselves the truth please undecided undecided shocked

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 7:44am On Feb 01, 2018
Happy New month! More bull to your portfolios
And more blessings to your households
PoliticsRe: Alhassan Ado Doguwa Faces Sanction Over Comments On Electoral Act by DaV8King(m): 9:11am On Jan 31, 2018
The effects of playing sectional politics

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 9:05am On Jan 31, 2018
RabbiDoracle:
Let the markets start falling!!!!

Domino effect
Will probably hit NSE at tail end
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 4:02pm On Jan 30, 2018
nofundforme:
I am still a novice when it comes to share.I didn't know it does take time.I trust them any way,but it is my first time having a broker.
I ain't no expert myself but
If you have ever dealt with a bureaucracy, You'll get the drift
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 3:12pm On Jan 30, 2018
nofundforme:
pls help house.I gave my broker all my three share certificate for over 2 wks now for them to dematerialize it, but they kept on telling me to calm down.I am worried cos they might sell it off without me knowing about it or sell some of their portions without my notice.Pls help cos am a novice.
Don't fret, sometimes these things take time.

But why do business with a broker you can't trust and relax? huh
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 3:00pm On Jan 30, 2018
Intendy:
stocks with new 52 week lows

Africa alliance #0.48k

multiverse #0.48k

lasaco #0.46k

ftncocoa #0.46k

Royal exchange #0.44k

ABC #0.44k

stocks with new 52 week highs

npf #1.78k

Wema bank #1.34k

unity bank #1.44k

wapic #0.69k

custodian and allied #4.40k

betaglass #62.35k

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:41pm On Jan 30, 2018
Yayira:
Lol it's a family thing grin
Lol...well it pays the bills and fees wink grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:40pm On Jan 30, 2018
currentprice:
Bell Ringing....

everybody should go and rest bone.... don't forget tomorrow is another day grin


grin grin
Bone must rest to fit chop NSE loot na............twale baba grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 2:34pm On Jan 30, 2018
080jbabe:
Good day all my experienced oga's in the house. Please is it still okay to buy Fidelity at the current price?

Is the price likely to fall further than it is currently?.

Thank you
They asked at N0.80

They asked at N1

They asked at N2

They asked at N3

Even now that Fide nwa is resting on N3.80 so as to cross N4 permanently

Una still dey ask.

I rest my case, DD advised.

Disclosure: Me and my family are heavy here
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 10:36am On Jan 30, 2018
Is Oga CP on a break abi he don chop banhuh
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 4:04pm On Jan 29, 2018
Intendy:
stocks with new 52 week lows

MRS #27.45k

simcap #103.20k

ALEX #9.65k

48kobo committee

lasaco,prestige, royal exchange, abc

stocks with new 52 week highs

CCNN #18.00k

UCAP #4.41k

wapic #0.64k

custodian and allied #4.20k

global spectrum #6.35k

premier paints #10.40k

seplat #692.60k
NSEMPA people at work grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 12:29pm On Jan 29, 2018
stcool:
grin grin grin

"The alarming rising number” of court cases which, they said, may cost the company N608 billion as judgment claims.
The coordinator also listed other shareholders’ grievances against Oando Plc to include the company’s alleged accumulation of over N159 billion losses in its balance sheet as at 2016 year end and current liabilities and long-term liabilities, which, he claimed, stood at over N799 billion."

How much is all Oando truly worth, AND not OandO grin
Probably -250 billion, as implied by their auditors in their last publicly available accounts.
http://www.oandoplc.com/wp-content/uploads/Recompressed-Annual-Report.pdf

Page 55

I ask again, why don't we have the equivalent of RICO laws in Nigeria?

So some people can go and serve hard-earned jail terms!!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 11:19am On Jan 29, 2018
Thinkbigga:
What do you advise those on board fidelity? Thank you
Be faithful with her to KM 4.5 or FY result (whichever comes 1st).

Na my own move be that. Ask questions before buying o.

I owe a big debt to NSEMPA, especially Oga CurrentPrice for opening man's eye to this goldmine last year.
Car TalkRe: 5 Most Popular Car Brands In Nigeria by DaV8King(m): 10:26am On Jan 29, 2018
segzyndpep:
what year of cerato am liking the car also..so sporty and cute
Mine is a 2014 model, friends have 2015 and 2016 which are all basically the same car

See image in
https://upload.wikimedia.org/wikipedia/commons/2/20/2013_Kia_Cerato_%28YD_MY13%29_Si_sedan_%282015-05-29%29_01_%28cropped%29.jpg
Car TalkRe: 5 Most Popular Car Brands In Nigeria by DaV8King(m): 7:24am On Jan 29, 2018
In 4 years of owing a Cerato, I have seen 3 friends of mine buy the same.

Honestly, we are all positively surprised by the car.

Non-existent fuel consumption, comparatively low maintenance(cost and time spent) and VERY rugged.
CrimeRe: 20-Year-Old Lady Raped During Job Interview In Lagos by DaV8King(m): 6:59pm On Jan 22, 2018
fulaniHERDSman:
Cyracus Izuekwe the Wicked Reporter?
You know this already

FamilyRe: Man Sleeps With His Neighbor's Wife, Beats Her Husband After He Caught Them by DaV8King(m): 8:49pm On Jan 20, 2018
CYRIACUS IZUEKWE

This nigga again!

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