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Deadlytruth's Posts

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Politics / Re: Biafra Madness, Stay Away From Us!! by Deadlytruth(m): 4:38am On Oct 23, 2023
Dodada:
You're right BUT Edo is part of Biafra. The rest of Niger Delta I don't know. But Edo and Oba of Bini are bonafide Biafrans.
God forbid. Of all the Niger Delta states, Edo is the farthest from Biafra be it physically, culturally, etc. Even if all the other 16 States in Southern Nigeria decide to separate from the North and form a country, agree to name it Biafra, Edo will still not join it.

4 Likes

Politics / Re: Biafra Madness, Stay Away From Us!! by Deadlytruth(m): 4:34am On Oct 23, 2023
obiekunie01:
whn your brother started the wahala that cost us 3 million IGBO lives you didnt remember to tell them that nzogwu is niger delta NOT IGBO!
Nzeogwu did not start the coup. The architect of it was Ifeajuna an Onitsha native and cousin to Azikiwe the Owele of Onitsha.

3 Likes

Politics / Re: Happy 89th Birthday To General Gowon. See This 50-Year Throwback Newspaper by Deadlytruth(m): 4:23am On Oct 23, 2023
gidgiddy:


Oh, one Nigeria is what people only remember during elections? It shows the whole thing is a joke and we should be talking about how to disintegrate Nigeria and go our different ways
You and your Obidient brothers are the only ones who remember one Nigeria only during elections but return to denigrate one Nigeria and resume seeking Biafra once your preferred candidate loses that election. It happened in 2015 when your adopted son Goodluck Jonathan contested and failed.

1 Like

Politics / Re: Happy 89th Birthday To General Gowon. See This 50-Year Throwback Newspaper by Deadlytruth(m): 8:56am On Oct 22, 2023
Uchek:
What is your ETHNIC NATIOANLITY?

How is that relevant here?

1 Like

Politics / Re: Happy 89th Birthday To General Gowon. See This 50-Year Throwback Newspaper by Deadlytruth(m): 2:53am On Oct 22, 2023
gidgiddy:


Zik invented 'one Nigeria'? And you have been carrying it on your head like basket of yam ever since?

So how are you enjoying "one Nigeria" so far?
You are not carrying one Nigeria on your head but when it recently appeared that your Peter Obi could become president, you suddenly forgot about Biafra and began to shout "Obidient". Was Obi not seeking to rule one Nigeria?

2 Likes

Politics / Re: Happy 89th Birthday To General Gowon. See This 50-Year Throwback Newspaper by Deadlytruth(m): 6:58pm On Oct 21, 2023
gidgiddy:
Im happy he is alive but can no longer visit his own local government in Plateau State that has been overrun by bandits

Im happy he is alive to see his "one Nigeria" become the monumental disaster it is today

Im happy he lived long enough to see the failure of Nigeria of today, and realise that Ojukwu was right to make a break for freedom

Gowon, you said "one Nigeria" is the best. Today, how market?

This is why you folks from the SE will hardly be taken seriously. Just imagine a unsuspecting ignorant youth reading your message above. He will definitely conclude that the fraudulent One-Nigeria philosophy was invented by the North to dominate the country whereas it was invented and propagated by you very Easterners who only later came to hate it because it failed to materialize the way you had calculated it to put you at an undue advantage over all other tribes of Nigeria.
That you couldn't even be honest enough to mention that Azikiwe the overall political leader of Igbos invented the expression that 'The unity of Nigeria is perpetual and non-negotiable' and also that 'To keep Nigeria one is a thing we Easterners are ready to pay the ultimate price for' speaks volume of the deception and revisionism coming from that your SE axis.
Why not just admit that Azikiwe was actually the undisputed architect of one Nigeria while Ojukwu and Ironsi cemented it with Dangote and Bua Cements?

4 Likes

Politics / Re: Happy 89th Birthday To General Gowon. See This 50-Year Throwback Newspaper by Deadlytruth(m): 6:45pm On Oct 21, 2023
gidgiddy:
Im happy he is alive but can no longer visit his own local government in Plateau State that has been overrun by bandits

Im happy he is alive to see his "one Nigeria" become the monumental disaster it is today

Im happy he lived long enough to see the failure of Nigeria of today, and realise that Ojukwu was right to make a break for freedom

Gowon, you said "one Nigeria" is the best. Today, how market?

This is why you lots from across the Niger will never be taken seriously. An ignorant youth reading your message above will be hoodwinked into believing that the North invented the One-Nigeria fraud not knowing that it was invented and propagated by you very Easterners who have ironically turned around to hate it because the concept didn't materialize the way you had calculated it to be to your undue advantage over all other tribes.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 6:33pm On Oct 21, 2023
Mfunkynation:

Then Daarcom can also do the same if the big players shine their light on it.
The bolded is what makes the difference. It takes something for big players to shine their light on a stock. FTNCOCOA had it but DAARCOM doesn't yet have it and currently showcases no hope of having it

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 3:24pm On Oct 21, 2023
Mfunkynation:

If you say Daarcom is "worthless"... what would you say about ftncocoa?
The same FTNCOCOA exhibiting high level of liquidity and did 1,500% capital appreciation sometime this year or another FTNCOCOA?

3 Likes

Politics / Re: Biafra: We’re Ready For Talks On Referendum, Says IPOB by Deadlytruth(m): 6:24am On Oct 08, 2023
legitnow1:



Yeah, in 1960s, they left for Biafra, it was you that went to get them.


They are asking for a simple referendum, not Lagos yet that is a problem.

Until them carry gun enetr SW start to kill you is when u will listen.
Before you ever thought of leaving for Biafra in 1960, all other regions had been asking for separation from Nigeria but it was you Biafrans who colluded with the British overlords to stop them with threats of jailing their political leaders. As if that wasn't enough, you Biafrans went further to coin the expression; "The unity of Nigeria is perpetual and non-negotiable". Even at the point when Ijaws declared Niger Delta Republic, it was you Biafrans who fought and killed them with the Nigerian Federal might and sentenced their overall leader to death by hanging and then you quickly and unilaterally amended the constitution to criminalize any call for secession from Nigeria.
So why do you now suddenly turn around to want to pull out from the same Nigeria you said her unity is perpetual and non-negotiable?

5 Likes 2 Shares

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:55am On Oct 07, 2023
emmanuelewumi:



Dividend yield of Zenith Bank was about 30% during COVID-19 period.


N10 million invested in Zenith Bank shares during the loak down would have given a total dividend of about N10 million from June 2020 till date and the Investment is now valued more than N30 million
Yes, I recall how Zenith in particular was on a free fall and hit about N8 during the lockdown and then stayed at N9+ plus for long begging for buyers.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:50am On Oct 07, 2023
emmasoft:


That is exactly the aim and final solution the regulators have profer to this issue of dividend payment. Investors are not suppose to fill any form once they gave their complete details to their respective stockbrokers during account opening process. It's unfortunate that many of the registrars have not keyed into this laudable innovation for more than two years now.

Well let's hope for the best that in no distant time other registrars will follow suit.
No wonder I recently got alert for Access Bank dividend payment without being able to recall when I ever filled the e-mandate form of the bank's registrar.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:40am On Oct 07, 2023
agbanimu11:
Please kindly enlighten me on this issue of E dividend form. If I fill thru African prudential for UBA dividend, can i use the same African prudential e dividend form for other stocks like DANGSUGAR Buafoods and accesscorp etc, or each stocks have their e dividend form individually. Thanks
If you fill through AFRIPRUD, it will only work for all your stocks which have AFRIPRUD as their registrars. It will not work for your stocks under any other registrar. For those other stocks you have to find out their registrars and fill the forms too whether online or physically at their offices during working hours.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:35am On Oct 07, 2023
Mpeace:
Oil prises really fell this week. Closed at 84 after doing as high as 96$
Very much. But, going by the TA charts, I see some sideways movement for now.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:07am On Oct 07, 2023
austinkenneth:


An unassuming friend just collected 4.6m from UBA as interim dividend. He started investing only 3 years ago, during the COVID lockdowns. He came into the market with big money though.
That Covid-19 moment appeared to many as an unfortunate moment but in actual fact it was the coming of a very rare of its kind opportunity to create a life time financial freedom as most of the best dividend paying stocks in terms of dividend yield fell so badly and were begging for buyers at the most ridiculous prices ever. Your friend's case of moving large sums of money into the stock market during the Covid-19 scourge was a case of a very golden opportunity meeting a very solid preparation. I recall buying some UCAP at N1.8 during Covid-19 times.

7 Likes

Travel / Re: How Many States Have You Visited in Nigeria And Which State Did You Enjoy Most? by Deadlytruth(m): 7:15am On Oct 07, 2023
Out of the 37 subnational units of Nigeria, I have visited 32 and stayed in them for at least two weeks. The five I have not visited are Borno, Jigawa, Sokoto, Kebbi and Zamfara.

But the one I find most interesting is Lagos State because of its huge population and large scale economic activities which makes it a perfect competitive market where you really don't need connection to get a job or other economic opportunities. Lagos is the only state in Nigeria where merit works to a very large extent. It is the excellence of your skills that brings you patronage. Just be very good at what you do in Lagos and before you know it you can't meet up with the demand for your services anymore. Yes I understand that the traffic gridlock of Lagos is very frustrating and cost of accomodation is killing. But with excellent skills in your profession, you will easily pay rents and have enough to pay your way legitimately through that traffic gridlock. In addition, the economy of Lagos is the most diverse and its financial system is the most advanced. During the Emifiele cash crunch moment, Lagos wasn't too affected because people like me could still buy even N100 commodities (tomatoes, rice, eggs, and other daily needs) without cash as supermarkets like ShopRite, Just Rite, etc which abound in Lagos more than any other state still afforded one the use of debit cards to pay. Then most manufactured products are cheapest in Lagos because that is the very state where the manufacturing factories are located.

4 Likes 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 1:08pm On Oct 06, 2023
jideflash:
oceanic really chop my eyes. i paid school fees in full, no scholarship cheesy
grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 11:06pm On Oct 05, 2023
Locotrader:


I have said it before.
Solid mineral sector is the next sector of attraction.investing in stocks in that sector is not a bad idea now.
For Japaul, some of us here never see it as a good stock but the liquidity and trade setup is okay for me as a trader.I will be expecting Japaul on full bids in few days to come because of Q3 result which I believe is going to outperform.
the bolded is the most important criteria to consider in deciding to buy a stock for the purpose of trading.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 11:02pm On Oct 05, 2023
Kebson:
A very likely scenario, but quite unlikely when you trade/invest in fundamental tier 1 companies i.e. MTN, Dangote, the big banks etc.

Distance yourself from those penny/kobo stocks.. DYR.

Some stocks we think are fundamentally sound might be very shaky in reality. Some of us had assumed that banks like Oceanic and the rest were fundamentally sound until the advent of SLS stress test in 2009. You know the rest of the story.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:57pm On Oct 05, 2023
unite4real:


Since the company has delisted, the shares are no more available for trade. In essence it's no longer a stock. Your value is kept for you as per the terms and agreement and conditions to delist the company.

When they say you have not gained or lost money untill you sell only apply to stocks. Reason we say your current value is paper money until you sell.
Once delisted, it's no more a stock that is trade able.
Let us take Skye Bank as a case study. Some people refused to sell and it ended nationalized. Can it be said that till today, those people have not lost since they didn't sell before the nationalization?

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 11:12pm On Oct 04, 2023
essentialone:


I have jumped out of this aeroplane of Universal Insurance.

Pilot does not seem to have a steady balance.
Insurance companies are like banks in the sense they have relatively large OS hence the scarcity to drive their prices up in response to even good results is not there. The only few insurance companies which rally substantially have relatively low OS.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 11:09pm On Oct 04, 2023
Kebson:
I said it and I will continue saying it again.. You only gain when you sell and you only loss when you sell.

Think long term.


What happens when you are in a stock but you refuse to sell and the stock gets delisted or the company folds up? In such a scenario can it still be said that you have not lost because you have not sold?

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:36am On Oct 04, 2023
DrAkpamudehe:


Don't just advise, suggest the companies
If he does that he may latter be accused of Monkey Hunting.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 8:44pm On Oct 01, 2023
decargne:
Hello, please I want to know if all accrued devidenda from the little UBA stocks I bought 18months ago will be credited to my account upon submission of the e mandate form.

If not, how do I go about it please?

Thanks
Yes. I am an example. For the first time, I filled and submitted my e-mandate form last year with the intention to experiment it, and in less than two days later my Sterling Bank account which I entered as my preferred receiving account was flooded with multiple years dividends from companies NEM, AFRIPRUD, HONYWELL, ACCESS, COURTVILLE, and even others like CCNN and UNION DIAGNOSTICS which had even been delisted.

If Africa Prudential Registrar happens to be the registrar to most of the stocks from which you are expecting dividends, then your stress will be minimal as you don't need to go to their office at all but fill the form right on their website and submit it without having to print out at any point, and in less than 48 hours credit alerts will flood your phone.

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 5:40pm On Oct 01, 2023
Mpeace:
I dont know why people dont rate transcorp Hotel. It moved from N6 to N44. He might have equally invested here.

But sha I no dey too believe gains I see for faceless forum
TRANSCORP HOTEL was too illiquid for years and I think that is why its rally doesn't thrill traders and core jijoists.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:50am On Sep 29, 2023
moneymanager:
undecided
Seems you just love bearish trends. grin Anyway, the market now seems exactly your way.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 12:06pm On Sep 28, 2023
To all those in OANDO bus, both newbies and oldies, there is no need to fret or fume. While I myself am not in the bus courtesy of its unpredictability as well as TRANSCORP's as I have always maintained here, I am strongly of the belief that the good figures we see (genuine or cooked up) in the last quarterly result will, together with the average Nigerian's sentiment that a major interest in it is now the occupant of Aso Rock and head of some cabal, push it back up in few weeks or even days from now provided the delisting plan doesn't succeed.
Those of us who have been in this market for over 20 years now can remember vividly how the knowledge of Obasanjo being a major interest in TRANSCORP as sitting president supported the price of the stock at N7+ throughout his incumbency despite its not too attractive fundamentals back then

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 7:31am On Sep 28, 2023
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 10:29pm On Sep 26, 2023
ebuka1997:


Holding hardly works in NSE oh the Oando I just managed to sell my the grace of God. I have been held inside for years.
That is my greatest lesson in all my time so far on NSE. The time when NSE was largely an investment outfit is gone. It is now more of trading platform. I have held many stocks and ended up regretting. None of them gave me a reason to be happy on the long run, not even the supposed blue chips.

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 2:56pm On Sep 26, 2023
wanaj0:


I am violently agreeing with you sir!

Those with such ability should be competing with Buffet
Yes, I can relate.
Timing the market is like gambling.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 2:21pm On Sep 26, 2023
wanaj0:


In 3 years you should be aiming to beat Warren Buffet!

That people still believe they can time the market is one of the wonders
The response is on the premise that one could accurately time the market as the other monicker suggested, and that is why I mentioned clairvoyance.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 2:12pm On Sep 26, 2023
Zagee:

As TOE will say, "every business person needs that piece of luck".

We were all here when Geregu was listed for 100 and even after the AFDB deal that gave a purchase value of 204/240(can't remember) the stock was down hovering around 105/7 for a while, then the talk of dividend pushed it all the way to circa 300.

Was it the Tinubu visit to Tony? After securing a way into the energy sector with the past administration.

Or was it OGG/Loco who gave us those prospects into several coys including Dangsugar until customstreet drove the nail in.

I could remember Mcy telling me how did I miss out on Nacho even after it was served on a platter. At that point(can't recall the month) I think I had bought into Transcorp based on technicals.

Let's just say I was lucky with the timing and overall the markets where on a recovery to pre-buhari era looking at the banking sector and the frenzy of subsidy removal

As for Geregu, even the best SA expert couldn't have ever imagined the news of dividend hope or even the mere 5% stake acquisition by a foreign entity to have been able to push it from N100 to a whopping N300+. Only Spiritual Analysis could have revealed such.

On DANGSUGAR, only a person 100% new to the stock market in all ramifications wouldn't have been able to tell that the Dangfoods rumour becoming a reality would definitely drive DANGSUGAR and NASCON from N20+ to over N70+ and N60+ respectively.

Per NAHCO, it was a stock riding on improving figures hence it took several months to attain its current ratio of capital appreciation. Therefore its movement was too slow to be noticed and keyed into by SA traders.

You left out of mention the mother of them all (FTN COCOA) which rose from 30 kobo neighborhood to close to N4.00 all within a space of two months on the news of foreign interest. That was over 1,200% appreciation.
May God bless us with the eyes to recognize another FTN COCOA-like opportunity before this year runs out.

8 Likes

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