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Travel / Re: Canada Visit/tourist Visa Discussion. by heyteaherm: 2:33pm On Jan 04, 2022 |
EyinjuGod:This didn't work either . Thank you. |
Travel / Re: Canada Visit/tourist Visa Discussion. by heyteaherm: 2:32pm On Jan 04, 2022 |
debbzJay: hi, thanks for your response . I did exactly as you said and still didn't work |
Travel / Re: Canada Visit/tourist Visa Discussion. by heyteaherm: 8:14pm On Jan 03, 2022 |
Talksub: Hi , were you able to fix or get past this error ? Could anyone give me a hint on how to solve this ? Thanks in advance. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 12:16pm On Mar 11, 2020 |
heyteaherm: .... Hope you didn't lose much money will give an update soon. This are times to mop up and buy not sell though. this looks like final capitulation. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 5:26pm On Aug 09, 2019 |
When I was calling for low Price back then Sept 2018 some boys/girls came for my head the predictions are validating from over a year ago , even your gurus are weren't able to boldly call prices ahead of time. below are some of the threads Gtb Price ----> https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3926#71205449 General Market FA ----> https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3925#71202435 Cadbury Held N7 -----> https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3927#71253602 Got abused after giving a clear review---> https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/4374#76250732 Now that the market Has capitulating a bit significantly to the bottom, it might be the right time to start averaging into some of the front running stocks like FCMB and Cadbury who have held their prices while others are correcting significantly GTB will be a good buy between N23 - N24 for correction upwards which a relieve bounce else that will be the bottom Zenith be prime to bounce from N15 - N16 for a relieve bounce if it continues up then you bought the bottom Access bank is a bit dicey because it already bounced and the issue merger but the price technically looks primed to decline to N4 Right now is the time to start averaging in when no one wants to buy and volume is ridiculously low. more reviews here ---> https://www.tradingview.com/u/ekeneobi/
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 2:36pm On May 23, 2019 |
heyteaherm: We Called this a long time ago and some people were angry like we don't know what we are doing or wishing the market bad ... we will review the prices again and give updated forecast ... this price action seems to be in a capitulation move but not 100% sure... Already lapses in the fiscal policies are beginning to reveal themselves, unaccounted funds in CBN and The Governor giving a hint of a second recession, who knows what is next. 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 2:30pm On Apr 10, 2019 |
The long and short term Effect of Devaluation. There are other factors that determine if Nigeria can attract long term portfolios such as political stability or exchange rate free float. every investor wants profits and security. Devaluation might have attracted short term interest, but it is not the only reason why there was capital flight after a short term if you check the history this always happens before any major political event such as presidential elections especially in politically unstable countries, because new electorates usually mean new policies and as the politicians are also responsible for some FDI's security in the country it is imperative to state that they won't be secured if their political connection in the country didn't win. That is another topic for another day, not digressing so much the capital flight was majorly due to political risk and security. once everything is stable in the country the FDI/FPI investors who deem it fit will return, maybe not as much. Devaluation is not the best answer of course, but Nigeria is import-dependent country money flows out regardless, that is why naira gets weaker, devaluation won't affect the poor but the affluent who takes every opportunity to bring in products from abroad which is cheaper than locally produced products take. why are products from China cheaper than those locally made in Nigeria? The problem is not devaluation because our money will always be cheaper if we are not exporting more value than we import, which we aren't. We rather export raw materials which we should be processing into exportable products, why because the cost of running a factory with stable electricity, the viable transportation system isn't there, that's the reason why our goods locally made the cost more than those imported from China. The short-term effect correlates with how stable the political scene is, and also investors prefer market forces to determine the price, not a central body which will always appease its interest. Nigeria isn't a free market. The government should fix infrastructure, electricity, and transportation should be a priority, fix the civil services system, focus on ease of doing business if the world is growing faster than we that is why we devalue not because our value reduces in essence but because our growth is not to par as before. What is responsible for more than our GDP, not manufacturing, not tourism, not Nollywood, not the music industry, not the tech, but the oil that isn't even filtered here we have to bring in the finished products. For me devaluation is manipulation, it doesn't portray the true value of the currency, if we set the market forces to determine the price we will see how the naira is truly valued, but then again we can devalue and wait out the economy to be on par with its valuation but that is total manipulation. The problem of our currency is not devaluation or revaluation, it is that Nigeria has no value asides from crude oil sales and once the price of oil falls our economy is affected, other oil-producing states have succeeded in decoupling their economy from oil, Saudi Arabia makes more from tourism than oil. The brick and mortar investments t that are closing shop every day in the country what do you think they will go back to say in their respective countries, its more than devaluation. Ekene Obi Guru Capital LTD courage89: 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 12:40pm On Apr 09, 2019 |
Currently writing my MBA thesis on devaluation and how it affects the economy and will like to share my thoughts on the argument why Devaluation if adequately managed is actually good for the economy in the long run. To understand the underlying situation of Nigeria, keeping it simple and first, you must follow the genesis of the problem as below 1. Debt - Nigeria currently isn't servicing its debts, it means we are not generating as much as we spend to pay for monies that we borrow to make these expenses. We burn more cash than we can settle our debts, we are not yielding profits, not making use of our revenue channels healthily 2. The balance of Payment - We Import more than we export, meaning we transfer more money abroad than we receive into the country, so the BOP is negatively skewed against our economy 3. Exchange rate - Our rates are currently tightly controlled by the CBN. Kept at a steady rate of $360 by supporting the demand with Naira injection and reducing demand for forex by banning some imports from reducing demand and at the same time protect local industries. 4. GDP - The total sum value produced is dependent on the price of oil, which has been steadily below $100 Let's leave it at this even though we might want to go deeper with infrastructure problems, trust /corruption and the rest. Because the exchange rate is tightly monitored and controlled there are always calls to devalue the currency when the economy is not doing well to promote capital influx inflow, increase export demands, prop up FDI, FPI, and SPVs. Just like the naira doesn't portray it's a real value at the moment so there is capital flight because you wouldn't want to buy something so expensive today only to be sold at a meager price tomorrow. If the exchange was free floating the market forces will determine the rate. Devaluation /currency manipulation works for example in a country like China, where export is high, devaluing the currency will make the value of the exporting goods more attractive and thereby increasing sales and having a positively skewed BOP. Yes, devaluation for a country like Nigeria with the monocultural economy, the masses will suffer in that the cost of petroleum might increase, which in itself causes inflation as the price of transportation, generating electricity, etc. will increase, this can cripple the economy if not properly managed. My advice is to devalue the currency, we are financially redundant if we don't, not devaluing is just moving the financial collapse date. Asides from borrowing we need foreign individuals and institution to pump in their forex into our economy. These set of people study the market before getting in, they will make sure the prospect of the economy is at least guaranteed stability for say 5 years, because their investments could have a minimum payback period of 3 -5 years also people want to set up shop where they can stay for many years. So many issues about devaluation. Nigeria has to be productive before it can be interesting, yet we need the influx of forex into our system. It is a problem of the chick and the egg which comes first. For me, it is devaluation or better still free float, then cleaning up shop and making Nigeria's ease of doing business excellent. Devaluing will encourage exports and promote locally produced goods with the right infrastructures such as electricity, motorable roads or other transport systems. The govt needs to fix a goal or realistic target to fix infrastructures and also clean up its act or fixating figures, the world is watching. Nigeria has resources, we can maintain a standard but the complexity of being a renowned economy we must attract more forex and be more valuable asides our natural resources. keeping it simple. Ekene Obi Guru Capital LTD 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 5:00am On Apr 09, 2019 |
I totally agree with you about fixated/stipulated figures in the NSE, lots of companies get away with it and as you rightly pointed out almost every relevant company listed on it have cooked up numbers with insider trading that goes on daily. but I have some reservations as enumerated below 1. Bull and bear is not just for traders, it is inherent in economy stratosphere as the principles of economics also applies to the market, using demand and supply in bull market we have more demand and greed driving the market up to higher prices, while in the bear market we have supply driving the market to lower prices. The same principle is applied to any value of the exchange medium. 2. FA and TA work not because the fixated figures are ignored but human psychology remains the same, the market is moved by emotions, greed and fear, euphoria and despair. Every market has a cycle doesn't matter if figures are touched or not, and TA and FA are combinations of past experience used to explain future events. 3. In the market there are three classes of traders, we have the Institutional traders, the professional traders, and the retail traders, the institutional traders play with major funds and usually in the know of underlying important news before the retail and professional traders, they are in the game because of this advantage and the understand the power of numbers . That is why they manipulate the emotions of retail traders because they are easier to manipulate and give market momentum. Most retail traders are individuals who trade with lesser money, but due to the numbers of retail traders to institutional traders and professional traders, the market manipulates the retail traders. That is why news like a dividend happening is quickly spreading after the effect has taken a toll on retail traders who due to greed take positions and wait for the price to rise only to be told the event won't happen. it's manipulation and it happens in all market. 4. A good TA or FA is not just drawing lines and or adding figures, sometimes intuition is the best TA and FA, just simply looking at the market without emotions. Now the market is trending downwards, right? The general economy is not looking so good either, FDI/FPI is ridiculously down, the rate of unemployment high, Income low, etc, keep it very simple. so when you see a price rise from nowhere just be a little patient before going in , FOMO in a bear market is the easiest way to lose your capital. In summary TA and FA work even with all the manipulation because prices are determined with emotions and retail traders are the emotional drivers of the market. From Ekene Obi GuruCapital Ltd Godlylifeoneart: 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 6:20pm On Mar 01, 2019 |
anjilgreat: There was nothing deceptive about my post, if I was wrong in my former posts maybe you can call it deceptive and call me out, probably don't know the rules of posting here should have left out the introduction and all the extra I added. Bearish TA or FA always comes with negative rebuttals due to some who are heavily invested into the market, but the truth remains and fractals consistent with previous actions. My post was only to warn anyone that the signs are very bad and should probably stay clear till accumulation starts, all we have now is distribution and decline. PS- The last time I did a review on NSEMPA there was hardly any rebuttal because I was a little hopeful about the market . 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 2:26pm On Mar 01, 2019 |
iF you can remember my predictions about the NSE bear trend not ending soon as we are still only in the 2nd wave of these cycle, I have looked deep into the markets and noticed quite a few repetitive trends as sides any news using purely only Technical Analysis to foresee what is going on, the NSE is not so complex and then we have indicators fundamentally not agreeing to any bullish trend, like we have witnessed any bullish trend right now is only a correction that will hit the resistance ceiling with heavy rejection like we just witnessed , don't let anyone deceive you regards of the election outcome the heavy sell-off would have happened anyway, Nigeria is fundamentally improvished no matter who became president there are still issues like the dwindling FDI, high rate of poverty, unemployment rate etc I'm not really a fundamentalist but I try to check fundamentals to confirm my bias . The rise in price since sept 2018 has only been a correction the impulse is downwards. I said the downtrend should get prices like zenith bank at N11.70, Gtb at N17 and Access at N3.6 below is the chart of my former analysis check them yourself if it's accurate or not. until when my prices are met am not interested except am shorting the market I am the CEO of Guru Capital LTD I can help you save a lot of money, avoid gambling and giving the market makers your money. PM or Whatsapp me for a comprehensive review and market outcomes
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 12:12pm On Nov 05, 2018 |
The Price Action is not looking so good, was met with a strong resistance at 38.88 this has been a major support turn resistance , if price conveniently closes above 40 then we might have a bull run , but from the looks of this price action it seems it's merely a bearish correction and price distribution is taking place, meaning that price will further decline as there are no signs of bulls return and this is a bearish price correction. you can follow my trading view thread --> https://www.tradingview.com/chart/GUARANTY/UuldJ5m3-zenith-Bank-Nigeria/ and comment or like this idea heyteaherm: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 5:48pm On Oct 02, 2018 |
Price analysis Remains the same important support at N31.88 which should hold at least until after correction. price now at N36.5 facing resistance at N37.A potential bull flag forming above daily 45 & 23 weighted moving averages to force a price surge upwards breaking the falling channel upwards but little data to confirm this now, But so far the price action looks promising upwards, showing some strong bullish signs with volume. Important 45WMA support at N36 shouldn't break. This moment is when you just study the price action if you entered early btw 32 and 35, there are so many resistance ahead, first target is N40 but the price could rise as much as N46. also if the N36 support breaks expect an attempted restest of N31.88. You can follow us on twitter @gurucapitalng if you want to diversify your portfolio into other assets, like cryptocurrencies we can help you through the right digital assets to add to your portfolio and how to go about it step by step. heyteaherm:
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 10:37pm On Sep 20, 2018 |
Well we can only predict with past data not future data , so we shall watch what will happen in the next couple of months, its best to trade with the trend and not ahead of the trend. BullBearMkt: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 10:33pm On Sep 20, 2018 |
Thank you fell free to reach me if you need personal quotes free of charge veecovee: |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 4:22pm On Sep 19, 2018 |
Access bank seems to have found some support at N7.5 , these is a completion of the first wave of the down trend , also a correction to N9 -N10 is expected before the continutaion of the downtrend, seems access bank is in for a relief correction same thing happened in the bear market of 2014 there was a relief wave 2 correction from 17 Feb' 2014 to 9th of June 2014 from N7.27 to N10. it's all in the charts baby. PM me for free TA long term/ short term, I will help you make money while you sleep. DeRuggedProf: 1 Like
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 11:03am On Sep 17, 2018 |
Zenith Bank RSI indicates its over sold , and just like GTB should be ripe for a wave 2 correction, a bounce at around N20 is expected and a correction to N25 will just be right before continuation of the downtrend or a total reversal. if the downtrend continues this are the prices you should be looking at N15, N12, N9. 3 Likes
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 5:49pm On Sep 16, 2018 |
11-5-2018 Fcmb is in a falling wedge , and in a perfect opportunity for buyers to buy between N1 4.18% .50 and N1 4.18% .53 has acted as a perfect support, reaching the apex of the wedge we will see a break upwards, as there are many closer supports and price is already at the apex of the wedge and ready to go upwards follow updates here - https://www.tradingview.com/chart/FCMB/NEkyz0cq-FCMB/ --modified FCMB looks to be heading for N1.53 - N1.36 major support area . Northeastern:
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 5:07pm On Sep 16, 2018 |
Cadbury Seems to be in a state of supply exhaustion, the support at N7 should hold meaning that the stock is being accumulated at that price, still watching it closely , i will rather wait to buy within N7-N7.5 Modified - watch out for maybe a double bottom formation at N7 if that doesn't hold maybe a correction at N5 , price support doesn't look so good bears are very much in charge of this one. fxuser: 1 Like
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 8:35pm On Sep 14, 2018 |
Gtb looks ripe for a wave 2 correction after forming a weekly hammer candlestick with long leg lower shadow , and strong volume , also the VCPI confirms the price action is ready for a correction. a wave 2 Buy from NGN 32 - NGN 35 Take profits from NGN 40 - NGN 42 20% correction. 1 Like
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by heyteaherm: 6:26pm On Sep 14, 2018 |
aRE there any technical traders here --- we are obviously in a bear market this happens mostly every preceding election year, one reason is because politicians have to withdraw large amounts to buy tickets and sponsor their political activities , these leaves the market in shambles , i believe as the presidential election draws close there will be more bleeding , the global outlook is not looking bright either as the DOW is in ATH (all time high) is currently in distribution the current trump tax bill will hit negative returns soon and the dollar will plummet to save havens like gold, if the dollar plummets it will also affect the naira, at the current borrowing rate we might not have enough to foot bills, so it is logical to be on the watch for market . You will lose nothing shorting the market now an up move is a correction till market bottom. |
Investment / Cryptocurrency Exchange; Options In Nigeria. by heyteaherm: 8:42am On Sep 14, 2018 |
Various crypto exchanges may have different features and functions. Some of them are made for traders, while others are made for prompt crypto-fiat exchange. Crypto exchanges — that are designed for regular traders — allow you to buy crypto and sell them with lower commission fees than on crypto-to-fiat exchanges. Also, trading platforms don’t provide these services without a bite a from themselves; some charge fees for withdrawing, depositing or trading activities on the account. Basically, crypto exchanges work similarly to regular exchanges. The difference is that, on other exchange platforms a, traders buy and sell assets — shares or derivatives — to profit from their changing rates, while on crypto exchanges, traders use cryptocurrency pairs to profit from the highly volatile currency rates. Crypto Exchange for Nigerian Users. When it comes to buying and selling bitcoin or any other cryptocurrencies in Nigeria, the world trusted must come to play. It is important you know how to buy cryptocurrency in Nigeria and where to buy it. “Regular” Cryptocurrency Exchanges: These are the exchanges that are like the regular stock exchanges where buyers and sellers trade based on the current market price of cryptocurrencies (with the exchange playing the middle-man). These type of trading platforms generally charge a fee for each transaction. Some of these types of exchanges deal only in cryptocurrency, others allow users to trade fiat currencies like the U.S. dollar for cryptocurrencies like Bitcoin. Huobi is an example of this type of exchange. For crypto exchanges, there are fiat to bitcoin exchanges, alt-coin exchange/trading, peer-to-peer exchanges (exchanges without a middle man), then there are CFD brokers for crypto trading. 2. Cryptocurrency Brokers: These are website-based exchanges that are like the currency exchange at an airport. They allow customers to buy and sell cryptocurrencies at a price set by the broker (generally at the market price plus a small premium). NGexchanger and Luno are examples of this type of exchange. 3. Direct Trading Platforms: These platforms offer direct peer-to-peer. Currently, there is two major platform on the market which enables peer-to-peer bitcoin trading. At P2P bitcoin exchanges, you can buy and sell bitcoins directly from private individuals. You can keep a low profile and do not share any personal information during the purchase process. LocalBitcoins — LocalBitcoins respects the anonymous nature of Bitcoin, so the ID verification process is not mandatory. To sign up, you need to provide an email address. While the exchange doesn’t require any personal information, some sellers or buyers may request identification in order to proceed with the trade. Paxful — Setting up an account on the site is easy and can be done in two ways: automatically, after providing an e-mail not yet registered in their database during the checkout in a buying process or, by filling directly the registration form available on their website. Besides clicking the confirmation link sent to the registered email, users are also asked to set two security questions. Users can alternatively verify their mobile phone number and activate SMS notifications. While they can opt for being notified of a broad range of activity related to their account via email, only alerts about critical movements are sent via SMS. Conclusion Finally, in almost every case a person will want to use an exchange or broker. One will generally only want to use a direct trading platform i.e. over the counter (OTC) when their options are limited. There is no such thing as a ‘stable’ or ‘fair’ price for Bitcoin or any other coin — it’s always determined by the market at each moment. It is important to note that exchanges are not connected. Prices vary depending on the buy and sell activity on each one of these exchanges. Every exchange calculates the price of Bitcoin based on its own volume of trades, as well as supply and demand of its users. This means that the bigger the exchange, the more market-relevant price you get. Many factors are vital when it comes to selecting a good exchange. In short, here’s what to look for: Good location Supported coins High Liquidity Low Fees Numerous trading options Mobile support Good user experience Excellent security Depending on the needs, country, trading volume, security and many other factors the user can choose an exchange that’ll suit his requirements. Recommendation. These exchange platforms have a plethora of pros and cons, if you are new to trading and you want an easy start, trade with Luno/Huobi and take it from there. Those aren’t the only choices, but they are beginner friendly. With that in mind, all exchanges and products mentioned above are fine choices for what they are. You need to check if your countries are serviced by your preferred bitcoin exchanges. In many cases, Nigerian users are restricted due to local regulations. You can consider other options, be sure to check their websites and online reviews. source : https://medium.com/gurucapitalng |
Properties / Re: Sudden One Month Quit Notice: Please We Need Advice On Solution by heyteaherm: 7:40pm On Jul 14, 2017 |
You are protected under the "The Law Of Agency" in respect to the caretaker action , the caretaker acted under the law of agency as the rightful authority to let or sublet the property. Irrespective of the landlord directive , the rightful authority was the caretaker, he/she acted as the agent of the house. There were verbal agreements in court that is acceptable as valid to validate a contract. There were receipts of payment. You are a valid tenant. |
Properties / Re: Sudden One Month Quit Notice: Please We Need Advice On Solution by heyteaherm: 7:23pm On Jul 14, 2017 |
You are protected under the law. The caretaker acted as the landlord , since the landlord passed the authority to the caretaker, therefore the law will recognize every action taken by the caretaker as the automatic decision of the landlord. Now you have every right to stay till your rent expires and have 6 months quit notice privilege irrespective of the misrepresentation of date the caretaker and landlord indicated.The court starts counting when the notice was pasted. Get a good lawyer. Most nairalanders don't even know their rights so they are the least to advise you, get a reputable lawyer, the court will favor you most in this case. |
Business / Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by heyteaherm: 9:26am On Jul 03, 2017 |
$24,000 BTC up for grabs at the rate of N360 Also have Ledger Nano s (one left) -N45,000 whatsapp or call phone number- check my signature 1 Like |
Adverts / Re: 9jacash E-currency Exchange Company, The Best PM/BTC Exchangers In 9ja. See Why? by heyteaherm: 11:00am On Jun 01, 2017 |
BUY a Ledger Nano S Price N45,000 only few in stock Secure your bitcoins, ethereum and tokens Its very simple to USE Few other advantages of owning a ledger nano s i. your have control of your private keys. ii. secured from online wallet hackers. iii. You save your bitcoins for long term , instead of unnecessary spending or trading. iv. Secure your bitcoins from a hard fork, if your exchange or online wallet doesn't support the new BIP(its a bit technical) check my signature for whatsapp and phone contact Thanks and have and awesome day
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