Elampiro's Posts

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European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 9:50pm On Jun 07, 2016

sinizia:
Whoever gave that goal the best in EPL history must have been born blind, deaf and dumb, must have been cursed from birth after being born feet first, must have been a resident of Yaba Left, must be suffering from chronic Down's syndrome, and must have never heard of Matt Le Tisser!!

Whoever thinks that Rooney's goal is not the best in Premier League era must be suffering from sight problem, or mere incurable hatred.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 9:44pm On Jun 07, 2016

AdeLaNa1:
Of course i remember the goal. It was a good goal tho. But seeing as na foolish, bias old men full dat FA, it is understandable why the goal won best goal. There are obviously better goals but bcoz say na Rooney

Now I know you really hate Rooney. You write with sentiments and you are highly biased.

THE VOTING WAS NOT DONE BY FA. olodo.
...............

Awards

The awards were divided into 11 categories. Fans could vote for Best Goal, Best Match, Best Save, Best Celebration and Fantasy XI of the 20 Seasons on the Premier League website. A panel selected winners for Best Player, Best Manager, Best Team, Best Season, Best Quote and created a second Fantasy XI Team to compare to the public vote.

Nine other goals from eight players were short-listed for the public vote for Best Goal:

Matt Le Tissier , Southampton v Newcastle United, 1993–94

Matt Le Tissier, Blackburn Rovers v
Southampton , 1994–95

Tony Yeboah , Leeds United v Liverpool, 1995–96

David Beckham , Wimbledon v
Manchester United, 1996–97

Eric Cantona, Manchester United v Sunderland, 1996–97

Paolo Di Canio, West Ham United v Wimbledon, 1999–2000

Thierry Henry, Arsenal v Manchester United, 2000–01

Dennis Bergkamp, Newcastle United v Arsenal , 2001–02

Alan Shearer, Newcastle United v Everton, 2002–03

Rooney's goal won with 26% of the public vote, beating Bergkamp's goal against Newcastle into second place with 19%, and Henry's strike for Arsenal against Manchester United into third place with 15%.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 4:32pm On Jun 07, 2016

AdeLaNa1:

Why you dey sun teeth? Abi na only you no know say Rooney na win the best goal in Premier League Era? His overhead kick against City was awarded the best goal in the EPL history.

Even Coogar agreed that Rooney scores great goals.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 9:02am On Jun 07, 2016*

BossKratos:
In my 1st post I intimated that it was that 2010 season! In my second post I stated that him delivering once in 6 YEARS is not consistency! This is 2016! Minus 6 years and what do you get? Bros its time to get those bi-focal glasses that you have been avoiding for so long!

This is not even an argument! I have called a long list of past united fullbacks for you to peruse through! I have also given you examples of dynamic fullbacks in other top clubs and have asked you to compare what they offer in that position compared to valencia and you could not offer any sound defence except "valencia is far better than darmian period?" I don't know what even brought "blind and rojo" into this debate sef! That is kagawawa10's style of off point argument so no fall my hand!

Elamps! If tony valencia is your idea of a "man united standard or a classy fullback" then I'm sorry! You may have to go and re-evalute your reasons for watching football in the 1st place! Let's wait and see what jose thinks anyway!

Where were you when Rooney scored 34 goals in 2011/2012? Get your records right.

Man United has not been settled since 2014, so how do you expect anyone to score 20 goals? Creativity only returned to the team when Martial was moved to the wing. And Rooney scored 7 goals in 9 matches from January 2nd February 13th when he got injured.

As for Valencia, he is our best right back at the moment. Our best right back cannot be sold even if you are upgrading on him. He will be a back up. Go back and check the matches Valencia started in the right back. If he were around like even 80% of the season, we would be third.

Even SAF used Valencia as a right back almost every time Rafael was injured. And Rafael was always injured, like more than half the season. Even in UCL fixtures, Valencia delivered from there. The only problem with Valencia is his weak aerial ability. But he makes up for that in a number of ways, tackling, pushing the opposition to their own half, fast recovery, good retention of the ball, availability, good first time take down of balls in flight.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 8:34am On Jun 07, 2016

AdeLaNa1:

Elampiro wont like dis....

That thing na nonsense. Rooney has the most fantanstic goals in football. He has the best goal in Premier League History.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 8:25am On Jun 07, 2016

sinizia:
You forget that qualifiers and friendly matches are always easier for England and they ease through it most of the time; but when it matters most, during the main tournament, they flop disgracefully. So don't use small teams like Scotland to judge. But that said, I agree with Rooney/Kane, Rooney/Vardy would work better but I disagree that Vardy and Kane would never work. That is nothing but arrant BS!! My main problem is trying to shoehorn Rooney in between Kane and Vardy that is working already, that's a recipe for disaster.

But like I've opined already, England is not my kettle of fish, I'm only supporting them coz of few United players in there. My main concern is that he'd be sold before season starts for United. I don't want that fat White Pele anywhere near my bench coz trying to play him in all our matches will derail our season. He's now a liability for United!!

Friendly matches and qualifier are not same as real tournament, but it was still Rooney who looked like doing anything for England in the last world cup. He had a hand in the only two goals England scored, and hit the woodwork once. When he was away in the third match, the easiest match, Sturridge and the rest could not score. Then the fans earlier said he should be dropped started shouting for his return. You don't follow England matches.

How is Kane and Vardy already working? Apart from their match against Germany, what else have they done?

Rooney in United has to be determine by Mourinho. Not your biased mind and sentiments.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 8:19am On Jun 07, 2016

BossKratos:
@ the bolded 1st! The reason why "rooney's" exceptional goals haul that season was brought into this was because "valencia" had given him quite a few assists that season! And most pro valencia peeps are always quick to point out that season as a reason for his contributions to the team! So I wanted to block that angle from the get go! Performing once in 6 years is not my idea of consistency!
(His serious injury aside)! Have you forgotten what he was like during his wigan days? Where is that tony?

Now you said "if I can't see what he brings"? What does he really bring abeg? Does he bring more than evra( attack wise)? Dennis irwin?( attack and defensively) Gary neville (defensively)? Gabriel heinz(defensively)?

These are the calibre of full backs that man united is used to playing with! "Valencia is naturally a winger" yet he can't seem to beat a man! He is poor defensively, poor at putting in crosses, always seems caught in 2 minds! Look at bellerin! Or dani alves! Or azpilicueta! Or lichesteiner of juve! Those are FULLBACKS! Are you going to state that what valencia offers us is on that level?

Darmian is in a brand new league and was trying to adjust under a confused coach but I bet you that most fans always groaned when valencia appeared at right back as opposed to darmian! Dude for a club of our standing and aspirations, we require "authentic and solid fullbacks not converted strong men"! Tony v is AVERAGE with a capital A and needs to be improved upon! You mentioned jose? Let's see if he would sign a right full back, keep or sell tony v! That would prove which of us was heading in the right direction with this banter a little bit!

Which season are you talking about Rooney? Rooney has scored 34 goals twice, so your argument is dead on arrival.

On the second item. Valencia is far better than Darmian. Period. Darmian and Blind are poor defenders. Including Rojo.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 11:24pm On Jun 06, 2016

Una no dey watch England matches so I no go follow una argue again. When Rooney was destroying Scotland, giving a great influencial performance against France. When in some instances, his dribbling inside the box helped England win difficult games in the qualifying matches, una no know.

Vardy and Kane can never work. It will only make sense if it’s Rooney and Kane, then Vardy comes in. Vardy and Kane play too alike to be able to unlock a tight experienced defence. Rooney and Sterling who have sense to move and look up are England best. Kane and Vardy just run and run, when Netherlands played a deep-lying defence, they (Kane and Vardy) became clueless. They didn’t look like scoring even if the match was to last the whole night.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 11:09pm On Jun 06, 2016*

GBR1:
Elampiro is one strange fellow. His undying loyalty to Rooney is one I still can't fully comprehend. I could care less though but i can't because Rooney is still a United player. Rooney's best position is as a forward or striker but it's beyond obvious he's isn't good enough to play in there any longer. Trying to shoehorn him anywhere else is always going to cost us one way or the other and that's why i can't wait to see the back of him. He once threatened to leave to even our rivals claiming we weren't ambitious enough and he also has held us by the balls numerous times when he was trying to get a new contract; He deserves no special status or extraordinary loyalty besides what he's been getting. He must be moved on from, and the sooner the better.

Do you know England has only lost two matches since Rooney became captain? Those two matches he didnt start. The likes of Kane, Vardy, Lallana and Sturridge couldn't help England. Rooney and Sterling are England best if you follow their games.

Rooney has helped England to a tremendous form since being made captain after world cup 2014. They were the only team that got 30 points in their qualifier.

Cc. Sinizia.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 11:05pm On Jun 06, 2016

lekkie073:
elampiro....please I will like u to post a probable England line up highlighting where exactly Rooney best fits in....

Where did Rooney play when England beat France? He was one of the fluid three behind Kane, and he gave a MOTM performance. Where did he play against Italy? He was one of two strikers with Kane. Rooney was a zillion times better than Kane, it was the heroic performance of Buffon and woodwork that stopped Rooney while Kane was never in the party.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 10:56pm On Jun 06, 2016

GBR1:
I didn't ask you for this. My post was regards the previous match. You did well to earn your reputation by coming on to gloat after Rooney's had a good a match with England and it's only fair I return the favour as I'm doing currently.

Here's the problem. Always having to fit Rooney in somehow. Sometimes it might work and may not. How do you play 3 strikers as a front 3? Especially Kane who appeared to be completely wasted on the wings?
England actually doesn't have any true wide players besides Sterling who is average at best.

So you think Hogson is a very bright chap? Even the English folks would stone you for this comment. What King? You mean the white Pele title? It's quite different when you have the actual Pele regarded as King in Brazil and all over the footballing world and when you have a fraud like Wayne as King. One was leading his country to World Cup wins, the other cannot help his country win even a spoon.

It's no surprise England hasn't won any major tournament in a long time. Over reliance on players like Rooney is not gonna get them anywhere.

Rubbish.

The only time Rooney was injured in the qualifier was when England didn't reach a major tournament since Rooney came on board. That was Euro 2008.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 10:55pm On Jun 06, 2016

GBR1:
I didn't ask you for this. My post was regards the previous match. You did well to earn your reputation by coming on to gloat after Rooney's had a good a match with England and it's only fair I return the favour as I'm doing currently.

Here's the problem. Always having to fit Rooney in somehow. Sometimes it might work and may not. How do you play 3 strikers as a front 3? Especially Kane who appeared to be completely wasted on the wings?
England actually doesn't have any true wide players besides Sterling who is average at best.

So you think Hogson is a very bright chap? Even the English folks would stone you for this comment. What King? You mean the white Pele title? It's quite different when you have the actual Pele regarded as King in Brazil and all over the footballing world and when you have a fraud like Wayne as King. One was leading his country to World Cup wins, the other cannot help his country win even a spoon.

It's no surprise England hasn't won any major tournament in a long time. Over reliance on players like Rooney is not gonna get them anywhere.

Rubbish.

The only time Rooney was injured in the qukaifier was

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 8:57pm On Jun 06, 2016

GBR1:
Elampiro, I have been expecting your analysis on Rooney's performance in that recent England's match. Their attacking play was as confused as it got.

When I told you Rooney was gonna cause problems for that team, you almost lynched me here...

Rooney scored within 10 minutes on coming on for England the first time since his return from injury. Where Vardy, Kane, etc had scored one goal in 90 minutes, they were seen as gods. But Rooney, the man with nine lives always outliving England strikers since forever, came and scored in just 10 minutes. If he werent selfless, he could have scored two.

In the last match, the coach went for 3 strikers all playing in the entire attack as front three. What do you expect? Rooney is England highest goal scorer in the last three or four qualifiers, don't rubbish him. He paired Kane in about 4 to 5 matches and Rooney always outshone Kane, except in one occasion.

Let Hodgson do the tactics, not you who have not been following. Although Rooney might be substituted this time around. He is not going to get 90 mins all through. But he is still their king, followed by Sterling.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 8:48pm On Jun 06, 2016

BossKratos:

For what? Abeg explain what this your bros brings to uniteds attack or defence currently!
And abeg I don't want to hear about rooneys 30 something plus goals season of 6 years ago! I don't _fuck with the past only the present!

If you cannot see what he brings, then I cannot help you. If Valencia were fit, we would have finished top four, if not in third. Our right side of attack comes alive when Valencia is playing on that side, behind Mata or Lingard. Any wonder Valencia, a converted full back benches Darmian, McNair, Varela in that position?

So what brings Rooney into this? Any way you are not to decide for Mourinho.

1 Like

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 5:55pm On Jun 06, 2016

elrony:
lol....Goal.com

It's in many places, but not Skysports though.

With Luke Shaw there, I think it's fake. Moreover, if we sell 13, we will need to buy 20.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 5:50pm On Jun 06, 2016

Juan Mata, Ander Herrera, Bastian Schweinsteiger, Michael Carrick, Marouane Fellaini, Ashley Young, Guillermo Varela, Matteo Darmian, Memphis Depay, Luke Shaw, Sergio Romero, Marcus Rojo and Antonio Valencia.

I doubt this, with Luke Shaw's name there as one to go on loan. A clear out will be a mistake.

We still need:
Luke
Valencia
Varela
One of Herrera/Mata.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 5:36pm On Jun 06, 2016

Juan Mata, Ander Herrera and Memphis Depay lead the candidates, while Bastian Schweinsteiger, Marouane Fellaini, Ashley Young, Michael Carrick, Marcos Rojo and Sergio Romero are in danger of being sold.
Even Luke Shaw's future at Old Trafford is at risk, with Mourinho understood to be keen on loaning him out after missing nearly a full season with a broken leg. Antonio Valencia and Matteo Darmian's United futures are thought to be at risk.

One player who is not in danger of an exit, though, is David de Gea, with Mourinho desperate to keep hold of the Real Madrid target.
m.goal.com/s/en/news/14222/transfer-talk/2016/06/06/24333382/rumours-mourinho-adds-13-players-to-man-utd-transfer-list?utm_source=facebook.com&utm_medium=referral&utm_campaign=enfb

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 5:27pm On Jun 06, 2016

adeyemi2015:
For a 22yrs old Lad in a League full of skillful Players?!
I think that's more than a difference!!!
You are making it too simple!

Until he starts to play for us. It's a different kind of league he is coming to play where you don't get dribble past only by the likes of Hazard, Sterling, Martial you would also get dribble past by Milner, Navas, Mane, players with plenty of pace.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 1:36pm On Jun 06, 2016

adeyemi2015:

The difference is in Dribble Past and Clearance.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 1:12am On Jun 06, 2016

Report says we are in for Eric Bertrand Bailly, Villarreal and Ivorian Center bank.

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 7:16pm On Jun 04, 2016

Daley Blind and Chris Smalling both made more starts for Manchester United in 2015/16 than any other outfield Reds player in the last 21 seasons.

MOST STARTS PER SEASON IN THE LAST 21 YEARS

2015/16: Daley Blind, Chris Smalling (55)
2014/15: David De Gea (43)
2013/14: David De Gea (52)
2012/13: Michael Carrick, Patrice Evra (42)
2011/12: Patrice Evra (47)
2010/11: Nemanja Vidic (47)
2009/10: Patrice Evra (48)
2008/09: Nemanja Vidic (52)
2007/08: Rio Ferdinand (51)
2006/07: Wayne Rooney (51)
2005/06: Edwin van der Sar (51)
2004/05: Mikael Silvestre (45)
2003/04: John O’Shea (46)
2002/03: Mikael Silvestre (54)
2001/02: Fabien Barthez (49)
2000/01: Gary Neville (49)
1999/00: Jaap Stam (51)
1998/99: Peter Schmeichel (56)
1997/98: David Beckham (45)
1996/97: Eric Cantona (50)
1995/96: Peter Schmeichel (45)
* 1994/95: Gary Pallister (58) *

Science/Technology › Re: Strange Rainfall In Kpalime Togo (Video, Pics) by elampiro(m): 11:46am On Jun 03, 2016

Truly, there are people wearing helmet. Which makes me think they are engineers. Although the flow of the water looks like it is falling down.

Those who are saying a broken pipe could actually be right.

Science/Technology › Re: Strange Rainfall In Kpalime Togo (Video, Pics) by elampiro(m): 9:31am On Jun 03, 2016

GogobiriLalas:
bros your computer must be upside down if you think it's shooting downward...

I saw water coming down. You confuse me now.

1 Like

Science/Technology › Re: Strange Rainfall In Kpalime Togo (Video, Pics) by elampiro(m): 11:25pm On Jun 02, 2016

GogobiriLalas:
Rain falls from the sky that's why its called rain-fall...this one is shooting upwards towards the sky so it's either a burst water mains, an upwelling of an underground aquifer or some repercussion of boring gone askew...observe that the water is not spreading, it is going straight back into the Earth, letting us know that there's a deep hole from whence the upwelling arose. Your village people never strong reach to cause this wan.

How is it shooting upward? Did you watch the video?

Science/Technology › Re: Strange Rainfall In Kpalime Togo (Video, Pics) by elampiro(m): 11:23pm On Jun 02, 2016

This water is dropping from the Sky. It is not going up. It looks like many people did not watch the video.

Science/Technology › Re: Strange Rainfall In Kpalime Togo (Video, Pics) by elampiro(m): 11:19pm On Jun 02, 2016

ZACHIE:
Ignorance everywhere. What's strange about this? 2 things can cause this 1. It could be a GEYSER, which it likely is. 2. A burst pipe from a waterline.
People should stop ascribing unusualness to common geographical phenomena
http://www.snopes.com/togo-rain-mystery-video/

But the water is dropping from the Sky. Did watch the video?

European Football (EPL, UEFA, La Liga) › Re: Official Manchester United Fan Thread:''20 Times EPL Champion by elampiro(m): 11:00pm On Jun 02, 2016

MANCHESTER UNITED TOP SCORERS (LEAGUE / ALL COMPS)

2016: Anthony Martial (11/17)
2015: Wayne Rooney (12/14)
2014: Wayne Rooney (17/19)
2013: Robin van Persie (26/30)
2012: Wayne Rooney (27/34)
2011: Dimitar Berbatov (20/21)
2010: Wayne Rooney (26/34)
2009: Cristiano Ronaldo (18/26)
2008: Cristiano Ronaldo (31/42)
2007: Cristiano Ronaldo (17/23), Wayne Rooney (14/23)
2006: Ruud van Nistelrooy (21/24)
2005: Wayne Rooney (11/17)
2004: Ruud van Nistelrooy (20/30)
2003: Ruud van Nistelrooy (25/44)
2002: Ruud van Nistelrooy (23/36)
2001: Teddy Sheringham (15/21)
2000: Dwight Yorke (20/24)

So only Ronaldo (31) has scored more league goals than Rooney (27) in a season.

Career › Re: Ecobank Sacks 1,040 Staff - Punch by elampiro(m): 10:48am On Jun 02, 2016*

More headlines:

Yahoo lays off 15% of staff after posting a massive loss

February 2, 2016
money.cnn.com/2016/02/02/technology/yahoo-earnings-layoffs/index.html
..........

BP to cut 7,000 jobs after posting huge loss

February 2, 2016

money.cnn.com/2016/02/02/news/companies/bp-loss-jobs/index.html
.........

* ' Oil and gas companies have laid off some 250,000 workers worldwide, according to industry consultants, Graves & Co.:

* The amount of debt issued to the shale oil industry over the years is anywhere between $500 billion and $1 trillion, according to various estimates. Banks are likely to end up with bad debts on their books again. Problems will come to the fore once the big companies start defaulting.'

* ' At this point, it’s not likely a question of ‘if’, or even ‘when’, the next financial crisis will hit. It’s more likely just a question of how big it will be.'

Oil Crash Only The Tip Of The Iceberg

25 January 2016

oilprice.com/Energy/Energy-General/Oil-Crash-Only-The-Tip-Of-The-Iceberg.html

So after all the news that I submitted here today, people would still think the financial problems are from Buhari, rather than a global financial crisis. We are not even talking about Venezuela which has completely melt down and people queue hours just to receive one meal a day. People are looting to get food. Water is scares and it is rationed, so people steal it from swimming pools. This was the richest country in South America few years ago. Far richer than Nigeria, but they were crippled by low oil price and corruption. I think President Buhari is a Blessing to us.

Career › Re: Ecobank Sacks 1,040 Staff - Punch by elampiro(m): 10:31am On Jun 02, 2016

More headlines:

Schlumberger-reports cut 25,000 jobs

The company cut 25,000 jobs during the year, or 20% of its workforce. Revenue was down 27%, and profit plunged 41%.
money.cnn.com/2016/02/19/news/companies/schlumberger-ceo-pay-oil-jobs/
....................

U.S. oil bankruptcies spike 379%

February 11, 2016

Bankruptcy filings are flying in the American oil patch.

At least 67 U.S. oil and natural gas companies filed for bankruptcy in 2015, according to consulting firm Gavin/Solmonese.

That represents a 379% spike from the previous year when oil prices were substantially higher.

With oil prices crashing further in recent weeks, five more energy gas producers succumbed to bankruptcy in the first five weeks of this year, according to Houston law firm Haynes and Boone.

money.cnn.com/2016/02/11/investing/oil-prices-bankruptcies-spike/index.html
...................

Maersk Profit Plunges as Oil, Container Units Both Suffer

Shipping Industry Sounding the Alarm on Global Growth

February 2016
A.P. Moeller-Maersk A/S reported an 84 percent plunge in 2015 profit after its oil unit was hit by lower energy prices and its container division got squeezed between sluggish trade growth and overcapacity. The shares fell the most in almost a year.

Maersk said net income was $791 million last year compared with $5.02 billion in 2014. That compares with a median estimate of $3.7 billion in a Bloomberg survey of 16 analysts. The result includes a writedown in the value of Maersk’s oil assets by $2.6 billion, the Copenhagen-based company said.

“Given our expectation that the oil price will remain at a low level for a longer period, we have impaired the value of a number of Maersk Oil’s assets,” Chief Executive Officer Nils Smedegaard Andersen said in the statement. “We will continue to strengthen the Group’s position through strong operational performance and growth investments.”

Maersk shares dropped as much as 9.4 percent, the most since March 31. The stock traded 8.2 percent lower to 7,495 kroner as of 9:14 am in Copenhagen, bringing this year’s drop to 16 percent.

In October, Maersk started cost cut programs for both of its two biggest units to address what analysts have described as a perfect storm for the conglomerate, which historically has found support from positive market conditions for at least one the two divisions.

If the Chrysler Building could float, its size would rival that of the Morten Maersk , one of the largest cargo ships ever built.

Maersk said Wednesday that 2016’s underlying profit will be “significantly below” last year’s $3.1 billion. That guidance is “weak,” Alexander Koefoed, a credit analyst at Nordea, said in a note.

The Maersk Line unit’s profit will also be “significantly below” 2015’s level, which was $1.3 billion, the company said. Maersk Oil will report a loss this year. The unit currently breaks even when oil prices are in a range of $45 to $55 a barrel, Maersk said.
Before it's here, it's on the Bloomberg Terminal.
Source: blooberg
...............

"It's worse than 2008"... Maersk cries out.
................................

Shipping industry faces worse storm than after financial crisis, warns Maersk boss

Shipping industry giant Maersk reports profit collapse as weak global trade and oil price crash act as anchor on results

10 Feb 2016

The shipping industry is in crisis with sector giant AP Moeller-Maersk reporting plunging profits and its boss saying conditions are now tougher than after the global financial crash.

The Danish-based business reported that annual profts had collapsed, falling 84pc after its oil unit was hit by lower energy prices and its container division battles anaemic growth in global trade and overcapacity in the market.

"It is worse than in 2008," said Nils Anderson, chief executive, speaking to the Financial Times. "The oil price is as low as its lowest point in 2008-2009 and has stayed there for a long time and doesn't look like going up soon.

"Freight rates are lower. The external conditions are much worse but we are better prepared."

Maersk posted net income of $791m last year, against $5.02bn in 2014, sending its shares down almost 4pc after the results came in far below the $3.7bn analysts had been expecting. The performance was dragged down by a $2.6bn writedown on the value of Maersk's oil assets.

www.telegraph.co.uk/finance/12149539/Maersk-profit-plunges-as-its-oil-and-container-units-both-suffer.html

[b]Buhari must be responsible for global financial crisis. [/b]

1 Like

Career › Re: Ecobank Sacks 1,040 Staff - Punch by elampiro(m): 10:14am On Jun 02, 2016

China plans to cut 1.8 million coal and steel jobs

February 29, 2016

China's workers are starting to feel the pain of the global commodities bust.

The Chinese government said Monday it was planning to shed 1.8 million coal and steel jobs in an effort to reduce excess capacity.
Some 1.3 million jobs will be lost in the coal sector, and 500,000 in the steel industry.

"Although this is a very difficult task, in every respect, it is something that we must actively work to accomplish," said Yin Weimin, China's top human resources and social security official. Yin did not say when the jobs would go.

The cuts represent about 20% and 11% of China's coal and steel jobs, respectively, according to IHS Insight.

China's slowdown has triggered a rout in global commodities. For years, China pumped up its economy by building infrastructure and factories, fueling huge demand for coal and steel.

But the world's second-largest economy is now posting its weakest growth in 25 years, prompting those industries to cut back on investment and jobs around the globe. Now, the layoffs are also hitting China.

Chinese companies have been accused of selling unwanted steel on world markets for less than it costs to produce and export, suffocating local rivals. A month ago, Europe slapped anti-dumping tariffs on Chinese steel imports in an attempt to save thousands of jobs.

In addition to tackling overcapacity, China's announcement could represent a small step towards reforming its large state-owned companies, which are notorious for inefficiency and wasteful spending.
The government in Beijing has described these companies as "zombies" and made cleaning them up one of its priorities -- but so far little obvious action has been taken.
It has to tread carefully, however, given a growing number of incidents of labor unrest in recent years.

"More aggressive layoffs or more generous compensation would require additional funding," said IHS Insight China economist Brian Jackson.

In a move that could ease the pain of the steel and coal cuts, the Chinese government has earmarked 100 billion yuan ($15.3 billion) over the next two years for unemployment relief, offering training and job placement services.

money.cnn.com/2016/02/29/news/economy/china-steel-coal-jobs/index.html

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Career › Re: Ecobank Sacks 1,040 Staff - Punch by elampiro(m): 10:12am On Jun 02, 2016*

Barclays is dumping Africa after 100 years

March 1, 2016

Barclays is going back to basics after posting an annual loss of £394 million ($550 million).

The bank has announced plans to scale back heavily in Africa and slash dividend payments as it continues a broader retrenchment designed to boost capital levels.

The rethink is being executed by former J.P. Morgan ( ) banker Jes Staley, who became Barclays CEO three months ago . In a statement, Staley said the strategy would build on Barclay's strength in London and New York, the "two financial centers of the world."

The bank will have two divisions in future. One will serve U.K. personal and business customers; the second will be a "transatlantic business" focused on international corporate and investment banking.

Barclays ( ) has operated in Africa for more than 100 years, and Staley described the decision to sell down its stake in Barclays Africa Group ( ) as "very difficult." He said the move, to be made over two to three years, will allow the bank to reduce headcount by around 40,000 and become a simpler organization.
Related: Barclays new CEO made $388,000 in his first month
Barclays will also exit its banking businesses in Egypt and Zimbabwe, which are operated separately.

It's not clear how quickly Barclays will be able to unload its Africa assets, given slower global growth and the collapse in commodity prices.

But Ashish Thakkar, who founded African bank Atlas Mara with ex-Barclays CEO Bob Diamond, signaled his interest.

"This is obviously just too big to ignore, we have said in the past we are looking at organic and inorganic growth," Thakkar told CNNMoney.
Atlas Mara CEO John Vitalo is another former Barclays banker, and the bank has been buying assets across Africa, including in Mozambique, Zambia and Tanzania.

An Atlas Mara source said: "They're seriously looking into this opportunity. It's a no brainer."
Related: South Africa's wine industry is booming
Diamond left the bank after an interest rate-rigging scandal that cost it billions in fines. He was replaced by Antony Jenkins, who was ousted in July 2015 after just three years.

Jenkins had been pushing through a massive overhaul, which included big job cuts.

The bank's loss for 2015 was wider than analysts had anticipated. Barclays shares dropped 10% after the announcement. Investors have pushed the stock down by 25% this year, and 35% over the past six months.

In another setback, the bank revealed it is cooperating with U.S. investigators who are probing the bank's hiring practices in Asia.

The U.S. Department of the and Securities and Exchange Commission is known to be conducting a wider investigation into whether banks hired the children of influential politicians in order to win business.

money.cnn.com/2016/03/01/investing/barclays-africa/index.html

Blame Buhari for this.

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