₦airaland Forum

Mpeace:
Oil prises really fell this week. Closed at 84 after doing as high as 96$

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.

jideflash:
oceanic really chop my eyes. i paid school fees in full, no scholarship

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.

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.

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.

essentialone:
I have jumped out of this aeroplane of Universal Insurance.

Pilot does not seem to have a steady balance.

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.

DrAkpamudehe:
Don't just advise, suggest the companies

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

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

moneymanager:

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.

wanaj0:
I am violently agreeing with you sir!

Those with such ability should be competing with Buffet

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

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

Zagee:
One interesting fact this year: if you had simultaneously flipped from Geregu to Transcorp to DangSugar beginning with a capital of 1m, you would be nowhere less than 15m in your trading account today.

Willie2015:
This is the essence of having trading portfolio
in foreign currency...
even without trading...
U are making double digit profit....

emmasoft:
I know there are some illiquid stocks but most folks here complaining of a stock hard to get normally will place a bid at a price that is perhaps -10% of the previous day's closing price and think since the system accepts, then it will be a deal. It does not work that way if you place a price limit that is too low compared with what sellers are offering, you may never buy a stock no matter how liquid the stock in question could be.

kamtrix:
Good afternoon everyone. Please I want to ask you a question. Is it actually possible to sell a stock on the NSE at a higher price than the market price if the stock is a stock that people hardly find to buy? For example, a stock like Nestle that is hard to get. Please I would love every education on this. Thanks

Irony1:
Bros stop being evasive. The civil service has always been structured into two federal or regional civil service. The consolidation happened in the federal civil service and he allowed the regional governors to control he regional civil service. The problem the northerners had with this is that the movement from state to federal civil service will keep them at a disadvantage because they cannot compete with their fellow southern counterparts. Ironsi didn't kill true federalism stop trying to play coy in this argument you are not making sense

tishbite42:
NCNC won elections in the Western Region
Go and see how it ended
Put yourself in Zik's shoe and ask yourself if you would have worked with Awo??

Eastlink:
Point noted. But let me burst your bubble. I’ll agree if you accuse Balewa of the electoral coup that made Akintola win over Awolowo in the Western Regional elections. But adding Zik to that mix is fallacy. My only grouse with Zik, was his inability to resign from that government and perhaps, take his NCNC with him and join Awolowo in opposition. See my reasons below why Zik shouldn’t be held accountable for Balewa NPC and Akintola’s actions.

1. Balewa was the head of government not Azikiwe. Zik’s role as President was ceremonial. Balewa controlled the Police, Army, Electoral Commission (ECN), Parliament, Judiciary and all facet of government. It was Balewa who declared a state of emergency in the west and not Zik. It was Balewa who sent the soldiers to the west. It was Balewa who levied trump up charges of treason with willing testifiers from Akintola’s camp and used Justice Majekodumi to send Awolowo, Jakande, Ikoku and others to jail.
See proof below
https://www.vanguardngr.com/2017/07/balewa-declared-state-emergency-west-1962/amp/

http://community.vanguardngr.com/forum/topics/the-crisis-that-truncated-the-first-republic

https://dailytrust.com/s-l-akintola-his-life-and-lessons-for-today-i/

2. The area where Zik might have allied with Balewa’s NPC was in the sharing of government positions. Additionally, he also allied with Balewa in the push for referendum in the mid-West. Balewa supported that mid-west referendum due to Awolowo’s sponsorship and backing of Joseph Tarka Tiv riot and proposed Middle-belt region. While it was always Ziks dream to have the Igbo speaking section of the Western region to the East, it was also Awolowo’s dream to have areas like Ilorin and Kabba to the west. If difficult to achieve, then the game was to push for referendum or seccession from their parent region and join other minorities in a new region. Both Zik and Awolowo played this card in the first republic. Balewa on the other hand seeing Awolowo’s backing of Tarka, supported the mid-west referendum in response to Awolowo’s move in the North central. He later sponsored the Adaka Boro’s uprising and Alfred Biriye’s Niger-Delta Congress (NDC) shenanigan in the East just as he did with Akintola in the west. But Biriye’s NDC had less seats in government and failed to get the needed pro-NCNC Ijaw support in the east like it happened with Akintola in the west.

See link below
https://punchng.com/northern-nigeria-encouraged-isaac-boros-12-day-revolution-brother-david/?amp

https://guardian.ng/sunday-magazine/c104-sunday-magazine/ahead-march-28-arewa-s-debt-to-biriye/amp/

https://www.vanguardngr.com/2022/04/senate-asks-fg-to-retain-the-name-harold-dappa-biriye-house-in-new-nddc-head-office/amp/

3. Akintola in fairness was first in good terms with the east but later became heavily pro-north to safeguard his interest. Infact, he first allied with a faction of the NCNC to form the UPP with another NCNC faction allying with the the AG. Later, Akintola seeing the snowballing issue with Awolowo decided to move his tenth to NPC where the party formed an alliance called the NNDP in preparation for the 1964 elections.

Akintola after joining the NPC alliance began an anti-east shenanigan. His infamous “Yoruba Ronu” speech in Ibadan was a pointer to the political alliance he wanted the west to have with the north. And the only way to achieve this was to paint the Igbo black while extol the north. While Akintola was uprooting Awolowo’s AG from the West with the help of Balewa, he was also setting the stage for conflict with Zik’s NCNC.

4. Akintola was an ally to Balewa and spoke good about him. In fact, the northern NPC saw him as a willing ally in the south to replace the likes of Zik who was gradually abandoning his alliance with the north and forming an alliance with Awolowo’s AG prior to the 1964 general elections.
See proof of Akintola alliance with Balewa.
https://guardian.ng/opinion/balewa-and-a-christmas-to-remember/amp/

https://www.vanguardngr.com/2012/03/was-the-awoakintola-feud-senseless/amp/

So to clear your point, Zik had no hand in Awolowo’s ordeal nor the post election conflict in the Western region.

tishbite42:
Go and read History objectively
Bye

tishbite42:
Awolowo betrayed Zik and that's why Zik preferred working with jihadists.
Looking back it was a bad decision. He should have forgiven Awolowo.

tishbite42:
Awo betrayed Zik first
Don't dodge that

Irony1:
Bros stop being evasive. The civil service has always been structured into two federal or regional civil service. The consolidation happened in the federal civil service and he allowed the regional governors to control he regional civil service. The problem the northerners had with this is that the movement from state to federal civil service will keep them at a disadvantage because they cannot compete with their fellow southern counterparts. Ironsi didn't kill true federalism stop trying to play coy in this argument you are not making sense

Irony1:
You keep jumbling points. National and Federal military government are just nomenclature nothing more. Ironsi i repeat only centralized the federal civil service structure nothing more. The regional civil service apparatus was not touched. Ironsi didn't destroy regional system of government, Gowon did. Ojukwu proposed a confederate system of government almost akin to different countries in one loose federation it is not decentralized system, stop trying to play smart.

gidgiddy:
This is a lame attempt to blame Ironsi for what he did not do. [b]So a civil servant in the Eastern or Western Region will stop doing his or her duties to the Region that pays him or her because there was unification? [/b]The only way Ironsi could have denied the Regions control of their resources or appropriated what was due to them, was by decree. Which decree did Ironsi pass altering the revenue shearing formula agreed at independence? None

But Gowon came after Ironsi, used decree 14 to dissolve all 4 Regions, created 12 new states, then used decree 15 to end resource control. Would Gowon be ending resource control with decree 15 if Ironsi had already done it?

Stop spreading falsehood and lies, Gowons decree 14 and 15 are on the internet for all to read

For years you people kept spreading lies about Ironsi, not knowing that the age of social media would come when lies can be debunked at the click of a button

Google Gowons decree 14 and 15 and cure your ignorance