₦airaland Forum

Agbalowomeri:
Brent seen at 52

Hahahahahaha. Sounds like music to my ears.

Mcy56:
Lol. Thanks bros. You are appreciated.
You have a good heart, its really evident in your online relations with people.
..... unlike one bitter emotion-laden wailer who, of course, will always be ignored.

.... cheers!

Mpeace:
If u enter ghost mode, hu I go come copy ansa frm. I never sabi read ghost hand writing.
Better ignore that person with all him monikers.

Hmmn... triple M's, a love triangle? hahahahahahhaha
Kidding!

Howdy Mr Mpeace?

Mcy56:
I dey treck go chibuking81's house make I beg am to sign my application form to move to ghost section until bonanza period. Seems I get plenty enemies here.
Of course I dont give a damn.

Lol! Perfect! People will always talk, but at the end of the day, they don't matter in the grand scheme of things. So it's good you are not giving a damn.

Mcy56:
CP please stop replying.
I dont know its now a sin to commend also on this forum but now I know.
Onegentleguy, CP did not say anything bad that one cannot say to a friend but since you took it personal, I will implore you to sheath your sword.
@GonFreecss1 made a similar comment on me and Mendes which we just laughed off.
I wouldnt do that again. CP no vex abeg, na me cause am.

Ah! What a mature lady, I like you and Mendes, infact for this maturity we must ship una.

Very healthy banter, I like what I am seeing.

Do we have any NSEMPA couples here apart from the M one's we recently talked about? (The M one's know themselves).

Hehehehehehehehehehe.

So, how market guys? What are we looking at? Financial Markets Armageddon?

moneywoman74:
Ogg, please attend to me, any information on Access conference call.

Should i go ahead to sell my Access shares.?

The major detail I heard was Diamond bank understated their Non performing loans.

Also, Diamond dropped the bomb that they will be taking additional loan write-downs of btw 150-180b.

Why is no one talking about the Conference call? Is the information I am getting correct? Is that why this place is silent?

Chai, I warned people not to be emotional about this investment thing. If the info I am seeing is true...

People getting all emotional again about people's opinion here? Hahahahahahahahahhaha.

It's a good sign.

Jonathan:
I thought they were talking about crude oil price

Oh! My bad. Crude oil? Stocks? *cries*, all the same nowadays. Too much correlation... *cries again*

mendes911:
I want to believe that what happened in 2015 was worse than 08/09 crash oooo. I could be wrong. The only difference is that 2015 was short and recovered faster than 08/09.

Nope. 08/09 was worse, because people bought at a higher high. The bull market that period is the highest ever on NSE till date, so when the bubble bursted, it bursted hard.

We are talking of the All share index dropping from 68,000 to 20,000. It was devastating.

It's why I laugh when I see some people's theory, lol! I know things can get worse.

I might be wrong, but I have this feeling capitulation has not even started. There will be another support level, my advice is for you not to psychologically finish yourself by placing a limit for support, because when support level is broken, many people would capitulate and sell off. Most of the people shouting Bonanza might have been impatient and bought earlier than this period. Most will be too scared to buy, even the Bonanza gang. That is when you move in.

Agbalowomeri:
Brent collapsing again
Merry Xmas, reminds me of 2014

Lol. It would be a very merry Xmas. Hahahahahaha

Yayira:
NOT GRANTED !

This has nothing to do with diamond but a lot to do with shortage of blokos.. it’s already 7 women for 1 man.. mba we no want more..

Lol... shortage of... ?? Hahahahaha

DeRuggedProf:
I saw 1.3b AT A POINT from INVESTNOW....

Lol! You use United Capital too? Real recognize real.

I use UCAP (invest now) and Merristem. I love the idea of monitoring via a mobile app. Flexible.

Mcy56:
Boss, just talking from my own observation o. You can only see the bids but not who placed what.... or maybe I've not checked up to that point sha.
I've tried it from other broker's platform before and came to check the placed bid on Morgan platform and I saw it there.

Yeah, of course you can't see who ordered it. Privacy which to me is good.

BullBearMkt:
...you mean a broker can see others bids/offers. That should be from NSE. It could mean NSE is providing them such data as well

Yeah. Nigeria has only one exchange, that is the NSE. All brokers buy and sell through the NSE on your behalf. So all the broker houses are seeing the same data basically.

Mcy56:
Chai! This guy go hear am from Prof.
I remembered that post too. I mentioned earlier that he might have sold but just encouraging those in the bus, it doesnt concern him if they got wounded.
He will come and tell us that he re-entered now.

Hahahaha. I saw it too, but there was no need to say anything, because at the end of the day arguing here doesn't make anyone money. Everyone will drop their opinion, what you decide to do with it is up to you.

Godlylifeoneart:
. Meanwhile, million bids for diamond, No offer
Interesting day at the market
Diamond is fighting back
Like a wounded lion
Like a woman in labour
Like a Bull terrier that just gave birth
Up diamond for those that follow the Warren buffet aphorism of BE FEARFUL WHERE OTHERS ARE NOT
BE COURAGEOUS WHEN INVESTORS ARE FEARFUL
Enjoy your loot

Not to burst your Bubble, but Warren Buffet also said it's better to buy a wonderful company at a fair price, than a fair company at a better price.

Also the statement be fearful when others greedy and be greedy when others are fearful has nothing to do with a fundamentally poor company, by now you should know what they were talking about.

arduino:
My brother, if you read my previous post on this thread you would have known the angle am coming from...
Disclosure: i don't have a single unit of UNITY BANK

Alright then. Sorry for my assumption, but at least people will understand what they should run away from.

Infinitisi:
Lol. Na person wey no know DeReggedProf go dey vex for im posts.

Hahahahahahaha.

DeRuggedProf:
Are you telling me then that you have not just confessed to trading on insider information or at least tipping others to do so?

Lol. It's amateur hour bro. Hahahahahahaha.

Mcy56:
This is an eye opener on Unity!
I hope someone in this bus will read this and wouldnt come and be displaying emotions here when its drama starts too.

Lol. They will probably not listen. People have short term memory.

DeRuggedProf:
D guy don wound me tey tey ooo.....
Wonder why we dont leave our emotions at home before coming here....
If this guy wound like NSE wound me, he will burn down customs street....
He is even slang-rapping the insult sef....

Hahahahahaha. This prof sha. Funny guy.

arduino:
Come oh! Are you for me or against me?
So you dey among those wey pray for my portfolio to go southwards e kwa....
Well my village people dey protect me....Unity up (so JAIZ up) and WEMA full ground gidigba

Unity bank is one of the most leveraged banks/companies on NSE. Their total liabilities are greater than their assets! Lol! I don't even want to think of their Equity to asset ratio, but then again, I have always warned that people should be defensive when buying stocks. How can you buy a stock that when you subtract the liability apart from customer deposits from Total assets, what you have left is almost nothing, or nothing or even a negative. Meaning the shareholders have nothing, if a liquidation should happen you will get nothing! If another bank should take over you will still get nothing! Using Price to book value alone to evaluate a stock is very dangerous. Some of you have forgotten that it is bonds first and other debt obligations, then preferred shares before common shares. You should always consider this when buying a stock. Liquidation value is where it's at. Goodluck!

DeRuggedProf:

Wall street is here!

You just broke our rules here, why?

He is already insulting you? Hahahahahahaha

People are too emotional. Lol!

Mcy56:
Was Skye not acquiring other banks as well before all became obituaries?
Not all those banks were healthy as people thinks. Who would have thought diamond would go before the likes of Unity and Wema self?

True. Very True.

mendes911:
A dead clock is always right, twice daily.

Facts! Lol.

Mcy56:
What he/she claimed he said was just in-between self, if the whole thing had gone south, he would have completed the statement with ......'hammer'

Hahahahahahahahaha. People will sha talk.

Mcy56:
Funny! .... Cos as its buying weak banks, its getting weaker too.

Access bank is leveraged themselves already. Anyone thinking they can't come crashing down doesn't know anything. They are not too big to fail. If it was Gt bank or stanbic or Zenith bank doing this, it would not still have been okay to me. But oh well! We shall see.

Mcy56:
Oga, why were you not here to put the mind of those in the bus at rest before market opens?
Anyone who values his/her peace of mind would stay away from the drama first and allow the dust to settle.

Exactly, if you know something and you don't want to talk, then don't announce to people that you know something, but you don't want to talk about it.

That's kind of sneaky to me. After all is said and done, what will be will be. It's the same argument I have had in the Treasury bills group regarding the strength of our naira. Time will tell who is right or not. Simple!

BullBearMkt:
...but your "CBN is about to" suggests you don't know anything

Lol. People will always talk.

GudluckIBB:
some of you talk too much here .unfortunately you don't know the damage you do with your tongue to other people's investment

market has opened and diamond bank is on full bid.

you should learn to apply wisdom in your analysis

What are you saying?

So people shouldn't say anything again because of other people's investment? When did this forum determine which stock pumps or dumps?

No one has said anything here that is not on the news everywhere, even normal people who don't invest are talking about this.

I repeat if you base your investment, sell or buy decisions on what people say here you deserve whatever you get positive or negative. There is what they call free speech, let people talk! They are not breaking any rules.