Hello bro. Please what books can I read or courses to attend to brush me up on stock trading? Just need your guidance. Is reading a company's financial statement enough as a guide to pick a stock? What do you think about mutual funds? I am also looking towards acquiring some with Stanbic IBTC with average return of 40% per annum. After registering with cscs and a broker, do I just read financial statements and then buy a stock or there are graphs to look at like forex before trading? Do we have a TA and fundamental analysis platform for guidance before picking a trade on Nigeria stock exchange?
BullBearMkt: lol! ...with fibonacci retracement at 25 Fib level of the month, there are 6 more days to the New Year when demand for chickens will be higher than supply. Hence, need to be a bit patient. To buy chicken at bargain price, look towards the new year when 20/23 moving average will be lower than 20/24 EMA.
Merry Christmas to you all!
PLAN YOUR TRADES AND TRADE YOUR PLANS
Na WA oooo Technical analysis, fundamental analysis plus charts on top chicken trade
MT: Please Japa to guarantee the future of your kids, like they always say.
Don't you know you will make 10 times the amount you are currently earning in a year just in a month abroad?
Once you finish schooling abroad, you will be working in top organisation abroad, and you will be in serious money.
Within few months, you will build minimum of two skyscrapers in your village.
Anyone that dissuades you is your enemy and do not ever listen to them.
But before you do, I will be interested in your real estate properties. Where is the location and how much do you intend to sell?. What are the other things you have for sale? I might get you the buyers that will quickly get them off you.
Beuberry: Seun my darling, my handsome bulgy eyes billionaire, oya chop 💋 kiss. I v a request, free all those in nairaland prison and let people pray for you. I mean unban all that were banned. I ll mobilize them to hold special prayers for you & nairaland in the shrine make any body nor dey hold ya blokkos.
shoodboi2: Tanks and armored vehicles can still move after getting hit and even with their crew killed. The driver compartment in tanks is usually separated from the one used by the rest of the crew. Plus tanks are driven very differently from cars. The driving method differs from tank to tank.
That said, there was a video I saw sometime of an Ukrainian US-made tracked APC that was still moving even after getting getting hit by a Russian drone or Kornet ATGM missile. it moved for three to four seconds before coming to a stop. This was even though everyone in the vehicle was dead or dying after the hit. (A Russian drone recorded the event and remained in the scene for a while. No single person ran out of the APC.)
Also, tanks don't need to be penetrated to be destroyed or to even kill the personnel inside. Plus the Yasin 105 being used is a tandem-style weapon. The front pointy part penetrates the tank and the second explosive blows inside the tank. From the videos, I suppose that the explosion we see is the first one and not the second one. The second one happens inside the tank.
Nevertheless, Hamas doesn't hang around to see the damage because neighboring Israeli tanks, infantry, and aircraft can respond within seconds. That's why they run immediately after firing.
Whichever happens though, we can all agree that the Israeli soldiers inside those tanks are definitely not having a good day.
Ibime: The Gulf countries are too rich and too few in population to allow hot headedness or militarism dictate their foreign policy
Only 6m of Saudi 30m population are Saudis, the rest are immigrants
Only 300k of Qatar 3m population are Qatari, the rest are immigrants
Only 1m of UAE 10m population are Emirati, the rest are immigrants
Only 1.4m of Kuwait 4.5m population are Kuwaiti, the rest are immigrants
Only half of Bahrain 1.5m population are Bahraini, the rest are immigrants
50% of Oman are immigrants
Of the native populations of these countries, half are millionaires and the other half are very comfortable and all will run at the sound of gunshot. The Indians and other immigrants will be the first to run
So what business do these Gulf countries have in doing hothead like Iran that have the population and the HUNGER to fight. Their demographics are not war demographics simple.
Their Kings know what is best for them and are towing the correct route of diplomacy, trade and soft life because none of them are built for war. That's why they have security pacts with USA and will call USA the minute Kuwait for example is invaded by Saddam.
I agree with your submission. Most rich and well fed countries always have weak military men to fight. Reason why the adage - bad times create strong men, strong men create good time, good time create weak men and weak men create bad time comes into play. And this particular fact is the reason why there won't be peace in the world. It is also the main reason why men have been fighting wars from ages, invading other people to enslave them. If you divide all the countries in the world into smaller fractions, it is just a moment before poverty ravaged areas will start invading the richer towns to steal, enslave and control them and their resources. Let's use Nigeria as a case study. Why were the fulanis constantly invading southern regions? Simple - to collect their lands and resources. Then, there was virtually nothing in the arid an desert region, so they don't have anything to lose and all to gain by invading a land with much rivers and good land for agriculture and also use them as free slaves to farm, their women as spoilt of war. Invading is so lucrative and enticing. So also the Arab world. If not for US, Iran would have overrun all these weak countries and lord over their resources and wealth. Any day the last US war ship leaves the region, is the day a new border would be drawn. It won't take Iran more than a week to topple them all. They all know it reason why they don't care about what is going on in Gaza. There own future too is at stake
shoodboi2: Lieutenant Colonels command battalions and Colonels command brigades. A battalion has around 600 men while a brigade around 2000. If Israel has lost this many top commanders along with lots of Majors and Captains, then is it possible that it's not lost hundreds of Sergeants, Corporals, and Privates?
Yet, Israel keeps lying that it has lost just 100 men.
It is normal standard military reporting. Even Nigerian government do it. You have to report less casualties for many factors - 1. So that there won't be outcry and uproar from the civilians that you are deliberately killing their own children while the politicians kids are safely tucked away in a safe far away country. 2. In other not to look weak to the global community 3. Not to demoralize your soldiers. Declaring really figures will put fear in the heart of the next batch going to fight and demoralize them. So figures re kept low. If government report that 10 soldiers were killed by bokoharam ambush, you better times that figure by 4 to get a near accurate figure
shoodboi2: I am thinking of starting a scrap metal business where I'll travel to Gaza to pick scrap metal from destroyed Israeli tanks for export. Because Hamas won't just stop destroying Israeli tanks. This is what Hamas has done again:
I don't even know bro. I don't understand how someone staying in one room is living better than someone staying in 3 bedroom flat. Where someone who can't afford a private school for his kids and private hospital in abroad will think he is better than a banker that can send his kids to private school here and private hospital. It still baffles me
Nazgul: The question you should be asking is how much does a bank manager earn in Nigeria?
If you must know, no bank in Nigeria pays their branch managers up to N1m. On an average, they earn between 500-600k. (That's about $600 not pounds o)
A skyscraper window cleaner in the UK earns about £23,000. With that amount, you can live comfortably in the UK.
Aside the risks involved in the job, I won't say he made a bad choice.
Are you sure he is living more comfortable than a bank manager? Even though he earns $2000 per month in UK while the bank manager earns #500k in Nigeria, a bank manager will still live in a bigger apartment than a room the cleaner lives in UK. I doubt the cleaner can buy any apartment in UK with that money and clear the debt in 15 years
Vl3ly: 🔴🔥The names and positions of the most prominent operational-level terrorist officers of the “senior high officer” category in the occupation genocidal army, who are sent to hell since October 7th:
🔻Lt.Col Salman Habka from Yanuh, commander of the 53rd Battalion in the 188th Brigade
🔻Lt.Col(res.) Yochai Gur Hershberg, 52, commander of the Missing Persons Locating Unit
🔻Lt.Col Ben Bashet, 44, commander of the Golani Brigade’s operations room.
🔻Lt.Col Tomer Greenberg, 35, commander of the 13th Battalion, Golani Brigade
🔻Col Yonatan Steinberg, 42, commander of the Nahal Brigade.
🔻Col Roi Yosef Levy, 44, commander of the Multi-Dimensional Unit.
🔻Col (res.) Leon Barr, 53, a senior officer in the West Bank Division.
🔻Col Assaf Hamami, 41, commander of the Southern Brigade in the Gaza Division.
From the look of things, if Hamas have 50% of weapons, air defence and air attack like Israel and backing of Russia and China, believe, Israel would have surrendered since
The poor ignorant ones especially. U nor get money yet u get 3 wives and 10 children all begging on the streets
We are always quick to accuse the north yet the south east and the south west have the highest number of people per square kilometer or how do you explain that south east with a land size of oyo state(7m people) have a starggering population of about 30m while south west with a land mass of Niger state(5m people) has a population of about 30m too How do you explain that?
Lastmankc: I am telling my wife that I only want 2 kids and she saying that we must have four.I never get her time yet
Don't mind them. They always love to have children until the responsibility falls on them when the husband, the breadwinner suddenly dies. A neighbor's wife who always say she likes kids after having 4, still thinking of having the 5th own suddenly became worried and crying when she couldn't get her husband over the weekend on phone in Lagos. On Monday, she met my wife at the kid's school looking depressed and worried. When my wife asked, what is the problem? She said she has not been able to get her hubby for the past 2 days. That where will she start from with 4 kids? A house wife fah. That this is suffering oooo.. she can't even afford 1 out of the 4 kids school fees yet ready to heap another load of a kid on her hubby. She said she will take 2 to her sister in Lagos to stay with them while she manages with other 2. Now, my question is - why do you have such a stupid plan of putting your kids on another person to train? Don't you think the other person has his/her own plans too? How can a human be thinking like this? You quiet know you can't afford 4 kids, yet you are having them. No plans about job loss or death of spouse. Nothing yet they call themselves humans. Government must do everything for them. Their own is to just keep banging and producing more kids for the government to think about. The problem na the government own
Sirchiboy: We keep blaming the government but our parents is the cause of 90% of the problems we face today. As a man, you know you can't even feed three square a meal or pay your rents yet you still go ahead and get married. Start giving birth to kids you can't cater for yet you keep blaming the government. You are worse than the devil himself.
Exactly bro. The major factor of poverty is self induced poverty. Even if you are poor, sticking to just 1 kid while you and your wife hustle will go along way in alleviating poverty. Personal induced poverty is 60% why people are poor and government policies takes the remaining 40%. I have family members am paying their kids school fees why they hardly do anything for the kids. One has been staying with us since her JSS 1 up till now that she is about to enter nursing school. Her dad knows nothing about her feeding, clothing or surviving till now and when it is time for her to marry, he will now put on a useless agbada claiming bride's father. Father that knows virtually nothing how his daughter survived. He still has 2 that they don't even know what the future owes them because I doubt those ones will go to tertiary university. Poverty is bad and kills the dream of kids. It causes low self esteem and many other things. People should plan before taking critical actions and not just born like dogs and goats and wish the society will train the kids for them. Time has changed
Smartguyboy: To be honest this Uk is not meant for Nigerian and jealous men I swear . Imagine you caught your wife cheating in Nigeria 🇳🇬. They system have made a lot of people especially men useless in life and powerless , it okay for them , for their wife to be cheating and they can’t do anything about it .
Mille: Ironically, the most gracious and merciful god (Exodus 34:6). The wickedness of the so-called merciful god in the book of Genesis makes me puke. Can't believe I was allowed to read and memorize that shit as a child.
God’s first genocide is hard to beat: he drowns every single person on the planet except one family (Genesis 6:7). The story of Noah’s flood is well known and often made into a children’s story, but the evil contained within it is unimaginable. This story makes Hitler, Stalin, Ghengis Khan, and Pol Pot look like boy scouts in comparison. The story of the flood takes place sometime around 2400 BC, meaning God killed around 20 million people. The Bible starts with a bang.
A few chapters later, God kills everyone in two cities: Sodom and Gomorrah (Genesis 19:24). God decided to kill everyone in two cities because they were not “just and righteous.” The only people he saved was a man named Lot, his wife, and his two daughters. When Lot’s wife looked back at the city where God was burning everyone to death, everyone she had ever known, God killed her too (Genesis 19:26). Now a family without a wife and mother, immediately after God killed hundreds or thousands of their neighbors; they found a cave, got drunk, and had incestual sex together (Genesis 19:34). How righteous.
XAUBulls: Alright then... That's awesome. Thanks for all the feedbacks. I'll continue to keep in touch as and when due [being that you're one of the resourceful and objective folks I've ever had convos with in my 18 years of being a veteran member of this NL discussion forum] (i.e., I have an older NL moniker here). Ese gan.
Cheers!
Haaa Thanks for the compliment. Ese gan Eti mu ori mi wu oo
Just a quick one, the agri storage facility you have, is it exclusively for your own use or do you offer services to third-party agribusiness folks who are involved in agro commodities arbitraging. I ask this question just in case there's gonna be a need for warehousing or storage by anyone I know down the road.
Thanks.
I have my own warehouse in the north but sharing it with close friends with same goals. Don't have intention of throwing it open to outsiders
WriterNiiig: ⚡Kim Jong Un's party, the Workers' Party of Korea, won the latest election with 99.91% votes. This is a slight decrease from the 100% votes they had in the previous election.
XAUBulls: Right, I'm back to reply you here. (I was reading and replying to some other posts). Doing business worldwide has not been very smooth for a lot of folks because of the rise in hyperinflation majorly triggered by COVID-19 and the Russian-Ukraine War. I've fully read your post 3 times and instantly recognized some useful ideas and solutions I can share with you!
First off, for the OMO, since it's only banks and discount houses that can purchase OMO bills from the CBN, it's better to visit the NL treasury bills thread to learn more about how to invest in government bills. It just has to do with walking into a bank and letting them know you want to purchase treasury bills.
Since you are gonna be away for months, it's indeed important to have non-bricks and mortar investments that will NOT take too much of your time or incure overhead costs or production costs. So, investments in the right kind of financial markets instruments is key.
Indeed, most Millionaires and Billionaires have up to "7" streams of income. So, it is good to diversity ones income from one source to many sources. It's like having a table with 4 legs. When you lose 1 of the 4 table legs, it becomes unstable. That's the way the loss of an income source can be minimized by having up to 7 OR more sources of income at the same time. The billionaires have many divisions within there group of companies that keep generating profit margins while solving problems for a large number of people.
Second, I must commend your doggedness in starting registered businesses in Nigeria with all the policy sommersaults and inflationary trends caused by local and international factors. The value addition and processing of vegetable oil is awesome because of the huge demand in countries with large populations. I don't know if it is the processing of soya oil, sesame oil, castor oil, coconut oil or palm oil your factory was into for the domestic or international market?
All the best.
Thanks for your inputs. I have moved on over the vegetable oil production. It doesn't fit the nature of my job. Like I said before, I am into storage now and I prefer it. About the farming, I am still observing it if it worth my time before deciding on what to do. About the bond thread... Yes am an avid follower of the thread and have been picking good points from it for some time now. Thanks for your time
MT: 1. Some of the people that attacked the Capitol hill were jailed but the Kingpin still on the loose. His case was just referred to the Supreme Court. 2. It was shocking you claimed you have travelled. Your reasoning and style of writing are pathetic at minimum. You can actually take a pig from the mud but not the mud from the pig. I will like to know the country that allows you in.
3. Do you know the number of homicide that remains unresolved in the States ?
4. Where did I claim Nigeria is greater than the US ? Don't twist my words. However, living in a rich country does not mean you will be rich. How is your own individual life ? Without you saying a word, I know it is pointing south.
stagger: My brother, the last time I flew from London to Lagos, the plane was filled to the brim. My wife who has never believed the poverty stats in Nigeria kept prodding me throughout the flight and asking me how come the plane was this full if there was so much poverty as we were being told.
Even the last time I flew Lagos to Abuja, the plane was jampacked at a fare of 240k return ticket. This Christmas, I hear some airlines are charging nearly 600k for Lagos to some routes and the tickets are sold out. How people dey take make this money for Naija and who are these people really?
My brother. That is the question that keeps coming to my mind. That who are these people? Are they truly Nigerians? Because the poverty rate is starggering. I don't know how they are making their own money because it's damn not a small one
Gerrard59: Just as a clarification, if one is moving to Nigeria, it makes sense to use the Nigerian passport even if the person is a dual citizen of a developed country. The same applies when moving out; use the Nigerian passport when moving out and present the other passport upon arrival.
Well, probably. You have a point. I will reason in that angle too
Gerrard59: Obviously, the Nigerians you would meet are in the middle class or upper middle class, but the question is how many are these people compared to the rest of the population? That is really the issue. It is like saying because Dangote is a billionaire, then most northerners are middle class or upper middle class, whereas that is false.
There are rich Nigerians and even middle class Nigerians (I don't ascribe to the belief that there is no middle class in Nigeria). But what is the number?
I quiet agree with you but then, the reality I am seeing on ground is quiet different from the scream on social media. I stood at the Ethiopia airport flight board last month at Addis Ababa and scanned the flight going to Nigeria, 8 flights bro, 8 flights for morning to afternoon on board. Not to even talk about evening own. And most of these flight would be virtually full with 85% Nigerian passport holders. By the time you factor in Kenya connecting flights, turkey own, British own etc every blessed bleeping day then you start wondering, who are these people? Are they not feeling the economic impact? Are they in a different Nigeria than ours? Where are they getting all these flight money for a country with a minimum wage of 30k per month? Alot of things are not just measuring up
Hello once again @emmaodet, I had to move the convo to this NL business thread away from the NL sports thread.
Yes to your questions, I'm not an investor in the OMO (Open Money Market) but I did ask someone last week about (he posted on a travel section thread months back about the fact that you had closed down one of your factories) what niche or line of agribusiness your factory was into.
I too have been using NL and other resources to look at more areas of investments that have a high rate of sustainability.
This thread from 2019 that I'm typing on is one of them. You can go through it and see if you can get some legit business ideas.
On the other hand, if overhead costs in physical businesses are way too high with small profit margins (even after trying to reduce costs of production), then it is better to just be an investor in the financial markets and money markets.
I'll share some more info with you based on what your feedback to my post here is.
Cheers.
Thanks for the reply. I was into vegetable oil production and power was the major headache for shutting down. Presently,I have the cash but my absence in the business is taking a toll on it. I am into farming and agro storage presently and so far, the agro storage looks promising with a better yield than the farming. I just want to divest into something else pending when I have the time for my biz because I am not always around 8 months in a year.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 6:04am On Dec 26, 2023
