₦airaland Forum

Godlylifeoneart:
In oxymoron... Agbalowomeri is a gold digger.... The gold digger of NSE

Yeah! The gold digging grave robber.

Mcy56:

He never show me the way o, na crumbles I still dey eat from the master's table, na junior class I dey.
.... I don replace mcy with the right moniker that should be there.

Chai! Him wicked o! Upon all the school fees you don pay am? You sure say that no be wetin make you vex report am to the mods so tey him chop ban?

Godlylifeoneart:
Agbalowomeri literally means the one who reaps where he never sew
Lobata

And using that literal meaning as background premise, we can deduce the figurative thus real meaning as "a grave robber". And you know grave robbery in the stock market is the shortest cut to heavy portfolio.

Agbalowomeri:
You sef don talk am, how many lecturers get money?

Tehehehehehe.....
Lecturer for NSEMPA different from lecturer for school o. If heavy portfolio owners like Mcy56 and others be your students, then why we go dey doubt the depth of your pocket? Or you don ever hear say people wey dem dey teach how to catch fish come suddenly get fish pass who dey teach them?

360great:
Omo ibo dey your lane o

You dey mind them? They are so mean that mere human demarcations have become a big deal in their eyes. I keep wondering why they are the only tribe always preoccupied with the composition of the SS as if there is anything so special about the region which even the SS people themselves don't yet know of.
They have their own region carved out for them but their eyes are always on another people's own.

Cmanforall:
Why Edo state is considered as being in SOUTH-SOUTH, still baffles my geography.

Before you start quoting me, note Imo/Abia are 'more south' than Edo

It should also baffle you why Northern Cross River is in the SS.
They are called geopolitical regions and not geographical regions.

Agbalowomeri:
Make una come see Yoruba leshurer o

A no try?

Ugosample:
5m portfolio size in this hard Nigeria is not "small"
At the same time, it's not big enough.
We have ogas trading with over 200m in theur portfolio
Awon agba

From the name alone - Agba (Senior) lowo (portfolio size) .....

Agbalowomeri:
Chai bross find better phrase describe us na

Chai! A whole lecturer for NSEMPA?

Ugosample:
nice

And in your opinion, from which portfolio value downward is considered as "low portfolio owners?"

It becomes a highly subjective perception matter. Two individuals might both have, say, N5m worth portfolio size, and while one who has few responsibilities may see it as large, the one with numerous responsibilities on his shoulders may consider it as low sized.

Agbalowomeri:
It's all about efficiency, have held Guaranty for 10 years though but it was only the bonuses that made it worth the while. Now, I wouldn't

Over try worry you.

Ugosample:
are you advising people not to hold stocks for the long term

Not for low worth portfolio owners.

Bezzle:
A very Good afternoon to Everyone in the house. I would like to commend every contributor on this forum. Amazing work you are all doing. I've been following this thread since 2005 (perhaps even earlier sef not sure now) but from the days of Dexter, CP, Mercylicious, BigAss, MyJoy etc and have gathered tremendous amount of knowledge; so much that if I had to pay for I wouldn't be able to afford. Many Thanks again. God bless your generous hearts.

I have immense respect for fxuser, OGG, wanajo, oga Emma and CP - Such invaluable assets you are. Hyness and parisfran are also such commendable women.

@ DeRuggedProf pls are you Dexter? If you're not you sure do sound like him

Also pls what's your advice on FO. Bought at 57 or thereabout; selling now is just real gbese. I'm trying not to frek out but mhen!
Advice from anyone pls.
Many thanks in advance

In my own opinion, you need to sell and avoid further losses which are obviously inherent in FO, then look for a more promising one and buy with the proceeds. No quoted company on NSE is worth falling in love with and residing in more than six months. It is not marriage where it is for better for worse as long as it is not your father's company. Not even the so called bluest chips are exempted.
They can do to you what FO has just done. From my own experience, long terming in Nigeria is dangerous and could be counterproductive especially to low portfolio size owners like some of us. You can wake up one day and begin to hear stories that touch concerning your company and bailing out becomes almost impossible.

The intersting feature of the stock market is that when one door is closed, another one is open right then but just the ability to recognize it.
It is not actually difficult to recoup your losses if you sell and buy into another company which is healthy but trading below its fair value.
The stock market is like politics where there aren't permanent friend or enemy companies but permanent interest of dividends and capital appreciation. Once a company your are in no longer holds the capacity to deliver your interest you defect to another which holds out such prospect.

Many investors have been sent to their villages permanently as a consequence of this hold tight syndrome. So Beware.

fabre4:
Which people? Nobody with Nigeria at heart would support an Orji uzor kalu, obasanjo and buhari generation politician

Meaning that those regions, especially the SE and my own SS, which gave bloc votes to OBJ in 1999 did not have Nigeria at heart. It is now we are beginning to realize the blunder we made in 1999 by using our own hands to deny ourselves of a genuine and clean breakaway from the same old currupt guards we now revile today. Nigerians have always been their own problem but keep blaming the political class.

NobodyKnows:
Good day. House.
I have a question.
Are dividends paid Annually?
Just once in a year?

It seems nobodyknows the answer to your question. Hehehe...

Well, on a more serious note, it depends on the company. Some pay twice a year (i.e. interim and final) e.g. GTB, ACCESS, STANBIC IBTC, ZENITH, and the likes; others pay once in a year while some others don't pay every year mostly due to insufficient profits after tax to do so. However, some stubborn ones pay even though they make meaningless profits or even loses.

AreaFada2:
Buhari's poor economic management was inherited by IBB. Life got much harder within Bubu's 20 months. IBB attempted to correct it with SAP. With advise of IMF & World Bank. Against advise of local economists who feared inflation. IBB used the wrong medicine to try to cure the economic ailment Buhari left behind. You must witnessed and lived it it to understand, not told.

The 1983 coup destroyed Nigeria's credibility. Trying to keep the Naira strong artificially was going to be hard economically anyway. Lots of people lost their jobs under Bubu. Political stability & rule of law/democracy had become important in maintaining as sustainable economy. With 1983 coup Nigeria lost both. Worst still, after 20 months, Buhari had not even a road map to return to democracy.

People yap about "Buhari was not involved in the coup, he was called to take over". A fat lie. Buhari wanted power since 1979. He was against OBJ's following Murtala Mohamed's 1979 return to democracy. I have explained all here over the years.

Buhari only inherited those poor economic indices from Shagari. For example you can see that as of Dec 30 1983 the Naira had already fallen from the 0.6 range to the 0.7+ range under Shagari. Buhari's ban on importation was supposed to be the very painful but sure way to economic prosperity. However, his regime was truncated by IBB who ended up putting SAP in place while leaving the borders wide open.

ebig21:
please check 1983 to 1985, Buhari era.that was when naira had a free fall

Wrong! Buhari got to power on the very last day of 1983, hence he couldn't have been responsible for the free fall that started under the Shagari who ruled for 364 out of the 365 days in that year.
Mind you also that Buhari's regime recorded the least depreciation percentages of the Naira (i.e. by just 25℅) and it was understandably due to his ban on importation.
Ironically all those who came after him recorded astronomical percentages of Naira fall without any clear reason... IBB: by over 1,800℅
OBJ: by 450℅
etc.
based on these percentages, it is clear that Obasanjo and IBB killed this country.

abokibuhari:
83-85 the lifeless cow started destroying everything

Check very well, Buhari assumed office on the very last day of 1983, and if as of 1983 the Naira was already down to 0.73 from its initial 0.6+ range, then it means it happened under Shagari who reigned for 364 out of the 365 days in 1983.
In addition, the Naira fell by less than 25℅ throughout Buhari's tenure, and it is understood that Buhari's ban on importation caused it. But all his successors did not at any time really ban importation yet the Dollar Ironically rose by astronomical percentages. Taking IBB for example, if you work the mathematics based on the figures in the chart you'll arrive at 1,800℅. For OBJ, you'll get 450℅.
So your assertion above is not based on careful and deep consideration of the facts but based on emotions of personal hatred.

iammo:
Hurry up Mr osinbade, before one general shows up, just like atiku and elrufai privatized what they could while obasanjo was junketing around the world, osinbande can effect some real changes and while at it he should make sure he gets the governors and their deputy to commit at least 50% percent of their security votes, and 50% of NASS members constituency allowance to the decentralized police

Buhari has never been against the decentralization of police. He recently reiterated his belief in it some few months back.

capatainrambo:
clueless buhari knows nothing.


this is osibanjo. Not buhari that loves seeing Nigerians die while he keeps quiet.

Buhari had before now lent his voice to the decentralization of the police.

I have never been in doubt that Osinbajo, being of the ACN extraction which is the bastion of restructuring within the APC, will not let any splinter opportunity to restructure any sector slip by. The man's role in the Lagos State's Government quest to clarify LGA creation powers was the first hint to his dogged commitment to restructuring. The modular refineries idea which was almost entirely his is another evidence. This latest one about decentralization of the police further lends credence to his commitment to it despite the CPC wing of the APC's aversion.
Unfortunately the man from Otuoke whose region is hardest hit by this unproductive structure spent all his six years in power arguing that Nigeria's problem had nothing to do with structure but only corruption.

Gurus in the house, any analysis as to why See and Die Leasing is immune to the bears so far?

ELKHALIFAISIS:
how do they die gruesomely , even the killer flogged one of the suspect mercilessly with koboko, do u notice one of the suspect butt has some kind of koboko lines... do they killed during the robbery or after

After their attempt to blow up the safe inside Keystone Bank failed, they made for the exit and on getting outside a mobile policeman attached to the Unity Bank on the opposite side of the road and who had repositioned himself away from his normal duty spot fired at them and killed three. The rest escaped as they couldn't phantom the direction from which the hail of bullets suddenly came. The mobile policeman in question fired freely because the front of the bank had been deserted by people while the robbers operated inside hence when they came out they alone were in front of the bank and the mobile policeman had the latitude to fire without fear of possible casualty on the side of innocent people.

Please where and how did you get your information that one of the dead culprits was flogged?

ELKHALIFAISIS:
Bros this is Nigeria, oh the eye witnesses were looking them in the face during the robbery to confirmed they are the culprits, how do they all end up dead, from the look you knw this are the wrong guys, can our stupid government equip our useless force with body cameras so they won't be wasting our youth for nothing , in America whether ur suspect is dead or alive they most debrief you to know what exactly transpires... Africa is a curse land

Immediately they gained forceful access into the banking hall, some customers saw them. And for the fact that they couldn't have killed all the customers as the bank in question is usually jam-packed, those customers who later identified them as the robbers couldn't have been mistaken.
Moreover, that is my LGA HQ and from all the calls that reached me so far, no one is mourning that those killed are his relations.
In fact no single resident of the whole town could identify them as familiar faces known in the town.
If they were innocents the locals would have rushed them to the hospital immediately rather than keep watching them with the expressions of disgust in their faces as seen in the pictures.

Adek15:
what I don't really understand is Russia is in Eurasia but still HAD Alaska (which is in North America) care to share more light

Actually Russia is directly connected to and contiguous to Alaska through the Eastern end. Recall that the earth is spherical.

More. Note the jean trousers, white boxers and shoes of this one and compare with those of the one closest to your view in the police van as posted by OP

More

Locals examining each of the robbers on the ground after being shot dead by the Mopol on duty right at the front of the Keystone Bank. He was supported by his colleague guarding Unity Bank located on the opposite side of the road.

ELKHALIFAISIS:
how are we sure this are the suspects, how do they all end up dead... NPF can do anything to cover their incompetency... believe this judicial killing at ur own peril

They actually are the culprits. Real eye witnesses right inside the bank have confirmed it.

ojsmscom:
Lord let it be the real thieves that were gunned down and not innocent citizens going about their normal businesses

They are the real robbers. Those who were right inside the bank and caught a glimpse of their faces and dresses while they operated have confirmed it.

adecz:
This police account is
different from eyewitness accounts
from yesterday.

Why are they now coming up
with this suspicious statement, over
24hours after the incident.

I suspect they are parading the bodies
of victims of the robbers as that
of the robbers.

That is my LGA.
Most of those "eye" witnesses took to their heels at the sight of those robbers hence their accounts were mere hearsays.
What you have here is the genuine account.

Administration1:
Kogi or Edo

You have Igala in Kogi and Igarra in Edo.