₦airaland Forum

surgical:
That's the same mistake you made with APC , its not about party but the individual candidate, what if the bad ones now migrate to your anointed new or preferred party since you are voting party what will you do, it will be a repeat of the APC disaster.

For me it is not even about the candidate either. Or else how come we've not got that 'right' person in our 58 years of existence as an independent nation? Are we just that unlucky?
I don't see any individual who can successfully rule Nigeria under the current structure and come out with a pass mark.
No multi-ethnic society has ever been successfully governed through a structure that concentrates all powers at the center, and Nigeria can't be an exception.
Looking for the right person or party amounts to treating symptoms of an ailment rather than the cause. I stand to be corrected.

datribune:
You are just a kid that doesn't know OBJ's antecedents as far back as his military days. OBJ might be ur hero but OBJ has been a curse on Nigeria. Go & do some reading or ask elders about Baba Iyabo. Out of fear that Awolowo was going to probe him, the coward foisted on dis nation, d weak Shehu Shagari who landed our nation into a financial depression, d worst in its history. OBJ's achievement is only in d area of looting our national wealth for himself. A man who has been discredited among his kinsmen & even within his immediate family can never be our hero. A man who is so loathed in his community that he couldn't even win his ward. A man who hijacked d PDP frm its founding fathers & turned it to a conduit pipe of corruption. Abeg, forget that cultist. He has never had d interest of dis nation at heart & was only lucky to escape d hangman's noose under Abacha.
Educate urself about OBJ.

If just 30℅ of Nigerians were free of short memory like you, Nigeria would have been a better country.
With all I have seen on this thread I no longer doubt it that the day Abubakar Shekau releases a video accusing IPOB and Niger Delta Militants of terrorism a lot of Nigerians will take his message and leave the messenger. What an anomalous country!

Xisnin:
Interesting, I never new that APGA was in support of Buhari.

The mistake being made by many on this matter is the assumption that whosoever expresses disgust at Obasanjo's hypocrisy is automatically in support of Buhari's re-election bid.

It was the same way those who pointed out OBJ's hypocrisy for his 18 page letter to GEJ were harangued with accusations of defending the clueless GEJ's government.

If he were sincere about his new volte face on Buhari he would have first tendered unreserved apologies to Nigerians for supporting him in 2015. Same way he refused to tender apologies for bringing Jonathan after turning against him in the build up to 2015.

The same Obasanjo now labels the National Assembly as the most corrupt institution in the country for the jumbo pay its members collect, and Nigerians are celebrating him for being "bold and blunt" enough to speak the truth whereas it was him (the same OBJ) who signed those bogus and offensive allowances into law in 1999 and went ahead to introduce corruption into the same National Assembly by bribing the likes of Koro to defect from AD to the same PDP which registration card he later tore. He would also later bribe the same National Assembly with cash filled Ghana-Must-Go bags for his evil third term bid.
Obasanjo surely understands the very emotional mindset and short memory syndrome of the average Nigerian and he takes advantage of it maximally to remain relevant.

Jesus' condemnation of the hypocrisy of the Jews who brought to him the adulterous woman did not translate to Jesus defending the adultery.
APGA has always been very objective and sensible in its views on National issues, and if voting in Nigeria were to be revolving around party ideology and common sense base of parties rather than their sizes, ethno-religious and primordial sentiments; APGA would have been better positioned than PDP or APC.

Xisnin:
Interesting, I never new that APGA was in support of Buhari.

You missed it there.

yom2:
we are digressing quietly without knowing. pls let nsepa not go like smn
.

You would have been more rational to have mentioned the person who made the very first comment that introduced what seems a digression to you, or better still to have completely avoided anyone's mention in your comment.

Sometimes dishonesty in addressing real or perceived digression accelerates the digression more.

MrHistorian:
OBJ should please take several seats.

Was he any better at the helm of affairs,wasn't he the man who spearheaded an unprecedented power-generation fraud in this country? Telecommunications scam/bribery nkór? Wasn't he the one with the insatiable greed for governance?

Always trying to tickle Nigerians' emotion,Iyabo Obasanjo is somewhere controlling billions(looted),one of his sons work with Microsoft(nah by him intellect abi?). . .

This man(with due respect) should shut it up!

Don't mind the deluded punk.

The exit door is chocked.

RabbiDoracle:
I wish this can retrace to N1.8
I will jump and think later

The tallest of all dreams.

RabbiDoracle:
I wish this can retrace to N1.8
I will jump and think later

The tallest of all dreams.

ezanafe:
There is always an element of truth in every irrelevance..

Perception of truth is not same as actual element of truth.

samzepaparazi:
from what i studied in charts, a stock doesnt fall more than 15 to 20% during profit taking before appreciating again.

if this applies to transcorp, then 2.04 will be the 20% drop from 2.55.
20% to 15% is the also the range people place their stop loss.....

be doing mathematics when your money is on the line.

if it closes at 2.14 today, that will be a 16% drop.
that falls in the range.

what do you think?

Recall that TRANSCORP started dropping from 2.78?

DeRuggedProf:
FCMB always dance dirty with any music....

I had a narrow escape.

BiafraIShere:
Buhari and his foot soldiers will never go unpunished for all the killings they perpetrated. Benue and other MB states should pull out from that evil union with Arewa and either stand alone or join the South, it is obvious that the abo.kis are just using them and are now treating them like animals to be killed at will and nothing will happen. I'm happy that no Southern state allowed the useless cattle colony in the region. I pity Plateau and Kogi states, their governors are busy playing politics with the lives and future of their people. Nigeria has no future at all.

Unfortunately, Middle Belters have from the beginning always regarded themselves as Northerners and have repeatedly allowed themselves to be used against the South in most presidential elections. Na today?

Okoyeebos:
Traditionally, the SE doesn't vote Against the ruling party at the Presidential elections. 2015 was a miscalculation because they thought Goodluck was going to win.

In 1999, they betrayed Ekwueme at the PDP primaries and voted Obasanjo at the elections.

In 2003, they betrayed Ojukwu who contested under APGA and voted for Obasanjo of PDP.

In 2007, they betrayed Orji Uzor Kalu of PPA and voted Yar'Adua of PDP.

In 2011, they voted Goodluck under PDP instead of Osita Okechukwu.

In 2015, they voted GEJ again, but he lost.

Opposition politics is new to the SE and they can NEVER survive it. One reason is that the SE hasn't had a central rallying force since the time of Ikemba. The present leaders are just fraudsters, thieves and crooks.

The SE votes are very inconsequential simply because they are predictable. Buy the leaders and the people vote as usual. That is what the present PDP and APC leadership is rubbing in the faces of the PDP members at the national level.

Mark this post, by 2019, the SE would vote massively for the APC even if it is an Hausa goat not even human being that is contesting.

This is the bitter truth.

Succinctly captured!

OlaoChi:
You have. So have two others from this thread

You might want to scroll up and read past comnents

You can as well quote the specific comments on which you claim I did.
However you failed to acknowledge the comments in which your brothers went beyond the claim of mere Yoruba influence to here assert that certain Akoko-Edo towns were founded by Yorubas.

OlaoChi:
But it is not wrong to say Yoruba factors exist among the Akoko-Edos

This is what some have tried to deny when it is so clear

No one has tried to deny it. What they are trying to pass across is that it has almost been eradicated at least awareness wise.

booblacain:
Nigeians of today, you guys can be so touchy and paranoid. The moment you mentioned SE (typical) was exactly when I stopped reading your response.

My reading experience NL shows me that only SE members have this paranoia against Edo State for no concrete reason other than the State being controlled by APC.
Also, only SE guys have this trademark of overlooking the actual missteps of the other PDP controlled states of the SS but try to crucify Edo for imaginary missteps.
If not, how come you could vision Edo giving in to the cattle colony yet could not see the Bayelsa which has actually done so in the SS with the governor sponsoring violent attacks on those who disagreed with him?
How would Nigerians and indeed any individual not be touchy in the face of a very transparent lie being hanged on his neck?

booblacain:
If it is true, Edo state will most likely be one of them.

Unfortunately you gave no reason why you so believe.
In addition, first of all you are not from Edo State or else you could not have missed the State Governor's TV interview in which he declared that the if he should allocate any part of Edo State land to Fulani Herdsmen then he will have no moral justification not to do same for those doing poultry, piggery, snailery, and even planting of crops.
You perhaps were not in the country when the Edo State House of Assembly conducted a public hearing on cattle colonies and grazing reserves with the State's Attorney General, speaking on behalf of the Governor, declaring that the executive arm of the state's government dissociates itself from any such idea.
The biggest irony in this comment of yours is that you forgot to mention Bayelsa to which concrete evidence actually points as definitely going to be one of them going by the fact that the governor, Seriake Dickson, has since last year, officially approved and implemented the allocation of 1,200 hectares of Bayelsa lands as grazing reserve for Fulani Herdsmen, and in addition sponsored thugs to beat up and fatally injure Annkio Briggs and her supporters for daring to stage a demonstration against him over that decision.
The truth remains that persons like you from the SE are always blinded by the pain that Edo State is an APC state in the SS yet you don't feel the same pain that Okorocha of your SE is in APC. This is shameless hypocrisy.

The decision to keep PDP away from Edo State Government House predates the coming of APC and has nothing to do with current political sentiments of North vs South. It is a statement against the bitter experience of the people under PDP's 8 year crushing misrule of the State Lucky Igbinedion and others like Anenih, Ogiadome, etc. If your state has been so unlucky to have had Lucky Igbinedion as governor beginning from 1999 to 2007 you would have hated PDP more than the average Edo person.
So go and criticize Bayelsa which has already made 1,200 hectares available for cattle colony and leave Edo State out of your envy.

RabbiDoracle:
The question is WHEN!!!

When the bull fire is gone out.

Yeah, the time of conclusion of the probe is really the question hence I too am not keen about acquiring a single unit for now.

However, if it survives SEC's probe and comes out really clean with its latest quarterly results found really genuine, I doubt it will need a general bull fire to break loose.
Only its outstanding 12bn units may be the opposing force to occasionally dampen its full scale return to above N200.

RabbiDoracle:
It is called special situations.

It usually occurs in a stock that has gone very high in price and fell uncountably low. So people tend to re-bid it back to the high.

FO was at N250 before and fell to N7. There is a tendency to re-bid it back to the high.

Stocks that can do that are NB (if bought at N10 after a sharp descent), Nestle( if bought at N100), Oando( at current price), GTB (if bought at N2), Total (if bought at N7).

As for OANDO, my mind is divided as to its possibility of repeating the FO story.
One one hand, the percentage crash of its price from its all time high of nearly 300 during the crazy 2007/2008 bull to the current 5.99 after touching as low as 2.9 in Feb. 2016 leaves enough reasons to believe it could return to at least N200 after the TS is lifted and the company comes out clean or "clean" of SEC's investigation especially considering that its figures have somewhat returned to green like it was with FO after about 2 to 3 years on the crashed price range.
But on the other hand I feel that FO was able to return to N300 status quo ante in a non-bullish atmosphere on the strength of its very low outstanding shares of just above 1b unlike OANDO which now has a total of about 12 bn outstanding as against the just 0.6bn they had before the reforms.
Well, as Onegentleguy says, Mr. Time holds the final verdict.

jrusky:
Yes he is from benue I'm sure his parent must come from fulani clan because I never see his type of foolishness in my entire life. Some goats slaughter your own people like animals and that same people you want to create colony for forcefully pls is that a compensation for them for committing genocide or what? The bastards that supposed to render unreserved apology to entire Nigerians you want to forcefully give colony too? Audi Ogbe or Ogbe stadium you must be mad.

You kill people, rape and burn people alive and you are coming with no remorse to be asking for land isn't? Any southern governor that give them any land must be stone to death. Pls let Ogun, Osun, Imo, and Edo stay off my mention if you are from those states because those states will give their land out to them for sure. Till date no single fulani has be arrest I mean till now but want colony. Pls I'm very angry right now.

Your anger is not genuinely against the cattle colony policy. The tone of your comment easily give you away as a pro-PDP Ipobian still languishing in partisan pain over the 2015 electoral defeat of the PDP.
If not, how come in your list of suspected pliable Southern states only APC controlled ones feature?
You are so openly dishonest that after mentioning those states you don't want to be responded to because you know you lied and that all evidences actually point to the contrary.
If you were sincerely not only using the cattle colony policy as an opportunity to vent some bottled up partisan anger you would definitely not have missed including in your crooked list the PDP controlled Bayelsa State where the governor, Seriake Dickson, has not only officially set aside over 1,2000 acres of scarce state land as grazing reserve for Fulani Herdsmen, but also sponsored thugs to beat up and injure Annkio Briggs and her supporters for staging a demonstration against that action. Yet you are masturbating over Edo, Ogun, Imo and Osun where their governors have not indicated any tendency to allocate lands for herdsmen.
Your attitude is akin to a physician who ignores a known patient and busies himself trying to treat suspected patients.
Of course to the average Ipobian whatever a PDP governor does can always be overlooked or at worst rationalized. More evidence keeps mounting every day that IPOB is just an arm of PDP.
If you were genuine about your concern you would not have forgotten that so far Edo remains the only state in which an LGA (Ovia NE) undertook a Fulani targeted ethnic cleansing unlike your Enugu and Ebonyi which declared fasting and prayers when attacked by herdsmen.

You also never watched The Edo State Governor's TV interview in which he wondered how he will be justified to turn down poultry, chicken, snail, and even crop farmers demand for free of charge state lands after he gives such Fulani Herdsmen.

You also forgot that this cattle colony idea was actually born as a recommendation by the committee which was set up by your beloved darling GEJ who immediately the committee submitted its report, directed the then CBN Governor, Sanusi Lamido Sanusi, to release N100bn to state governors to establish such ranches and colonies but with the governors most of whom were of the PDP endorsing it and accepting their allocations of it.

Lest we forget, your hero and leader, Nnamdi Azikiwe, handed over political power to Hausa-Fulanis on a platter of gold at independence against every wise counsel hence the seemingly irreversible mess of Northern domination in which the South finds itself till today.

Until you Ipobians learn to remove your pro-PDP lenses when looking at sensitive national issues, the South will continue to be at the mercy of the North.

salanda:
Many have been relieved of their Diamond shares... check

Including FCMB, FIDELITY and FBNH. They seem to be regaining balance.

Agbalowomeri:
Nsempa should break 3000 tomorrow

That is our own all comments index. Unfortunately, NSEMPA does not have capitalization to gauge the economy of Nairaland.

tritritri:


I have DS,DF,FMN,WAPCO...i have not made 10% in 2 weeks..and some of u dat made 100% are 120% in 2 weeks are claiming driver...aberg make una help me ooh..I need help before fraustration kill me ooh..everyday 10% full bid..and my own just dey stagnant...who i offend self?

Very funny! But it was current price who started it all.

emmanuelewumi:
I dey go AGM regularly and do interact with retired teachers, soldiers (no be the ogas), junior civil servants, lecturers etc. Who bought shares in the 70s during the indegenisation policy of Obasanjo and also bought during the privatization policy of Babangida, but these average old folks hardly sell and their portfolio sizes are in the hundreds of millions.
These old folks who are in their 60s and 80s are not a burden on their children and do not have to rely on the irregular pension from government.

This reminds me of a true life story told to me by a stockbroker with Midas Stockbrokers about the not- too-educated father of a secondary school classmate of his. According to him, this father of his friend worked for 35 years with Nigeria Railway Corporation, and while in service NRC had this policy of automatically deducting some percentage of her employees' salaries to buy them shares as a supportive retirement plan. At the point of retirement they were all handed their share certificates. His friend's father laminated his, relocated to his village, hanged them on the walls of the the sitting room of the half completed house he managed to build in his village from his savings, and told whoever visited him that those were the national awards of honour given him by NRC for diligent service and unblemished record throughout his 35 years in service. The total number of share certificates exceeded 20 and included some of the current bluest chips. The news of his "achievement" saturated the village so much that he ( the Midas Stockbroker) had to schedule a journey home to see what these awards really were and then congratulate his friend's dad accordingly. But on arrival home he discovered that they were all share certificates whose total valuation at the prevailing market price ran into several millions yet the man was living in an uncompleted house. He had to explain to the man that what he laminated and hanged in his sitting room were not national awards but millions of Naira. Then he asked the old man to remove all of them and follow him to Lagos where he helped him dematerialize some, sold them and handed him the proceeds to go and complete his house and enjoy the fruits of the sacrifice he made unawares. The man was dumbfounded.

onegentleguy:
...And I join u in applying for the position of chief accountant/treasurer.

I will double as such.

tritritri:
Na wa ooh...Of what joy is life without risk and reward and lesson ?

Certain risks are not worth taking for how obviously they represent traps. Of what joy is a life which involves taking a risk that could elicit terminal ailment?
Meanwhile I have submitted to Yayira an application as assistant gate man to your palace.

Yayira:
mee too sir I humbly apply for the position of cook. I sabi cook shito, Waakye and kenkey. @ Tritritri

Let me too quickly apply for assistant gate man.

Chibuking81:
Please don't sell your car, use only the money you can afford to lose.

Before 2008 economy melt down, some sold off their four story building, some their estate, in order to buy share.
I know of one man who uses his property worth about 2 hundred million, with influence of his banker friend manipulated and borrowed 4 hundred million from the bank, within a shot period of time, the law of diminishing return set in, which brought about economy melt down in 2008. The share worth of what he bought with that 4 hundred million, was not up to 80 million naira, the man developed high blood pressure and died.

Because, bank came after him, when he fail to pay them as agreed, bank seized all his property, which
was not up to what he owes them, thereafter, his debt keep on increasing, due to debt service charge.

But has it been that he uses the money he can afford to lose, by now he will had recovered.

If one uses the investors mindset to approach the market, whether bull or bear, he or she will not check, because he/she will be on the safer side . Even when you borrow to invest, make sure you have other source to pay bank, should in case the investment goes bad.

Very well said.
All through that bullish 2007/2008 session of the mammoth bull I initially fancied the idea of taking one of the subprime loans being offered by quoted banks. However I got permanently dissuaded about those loans when a close friend of mine who was a Resident Internal Control Officer in First Bank took me to the manager of one of the branches he covered. Of all the very unfriendly conditions of the loan as reeled out by that manager, the one which saw me using the exit door of his office was that I must use the loan to buy only his bank's shares and that my CSCS account will remain frozen until I finished paying up. I did not need being told that only pure greed could make anyone accept such terms.
And lo and behold, less than 12 months later the meltdown arrived and the his bank's share price fell to one eight of the price I would have bought with that loan with my account frozen until I paid up.

rationalmind:
The kind people wey dey hold transcorp get very tight hand. Den no gree sell give people since yesterday

But I got yesterday na.