₦airaland Forum

PETERiCHY:
FOOD 4 THOUGHT

Put a frog into a vessel fill with water and start heating the water.

As the temperature of the water begins to rise, the frog adjust its body temperature accordingly.

The frog keeps adjusting its body temperature with the increasing temperature of the water. Just when the water is about to reach boiling point, the frog cannot adjust anymore.

At this point the frog decides to jump out. The frog tries to jump but it is unable to do so because it has lost all its strength in adjusting with the rising water temperature.

Very soon the frog dies.
What killed the frog?
Think about it!
I know many of us will say the boiling water.

But the truth about what killed the frog was its own inability to decide when to jump out.

We all need to adjust with people & situations, but we need to be sure when we need to adjust & when we need to move on.

There are times when we need to face the situation and take appropriate actions.

If we allow people to exploit us physically, emotionally, financially, spiritually or mentally they will continue to do so.

Let us decide when to jump!
Let's jump while we still have the strength.

*ThE OcToPuS*

SonofElElyonRet:
Thanks.. I'm too demoralized on transcorp having sold 2.5m units at N1 ! I haven't healed from the emotional trauma
No transcorp for me.... maybe for ever. The heart break no be small thing

BabsO2:
Will be nice if they release them by April. Or latest by May along with dividend declaration.

Agbalowomeri:
Make I go buy 10 units of Oando come join myself for the petition

Shalom428:
N350 for DangFoods is a banker but not in Q1 2024. For now , it is the only stock you can buy in the market and go to sleep, if you are a medium/ longer term holder.

SonofElElyonRet:
Wow . If I get this right, some shareholders are seeking to be joined in the court matter and will be challenging the buy out and delisting....
The plot thickens!

delvzy:
This Forum is priceless. Where would Nairaland have been without this?
Big ups to the founding members of this forum

Locotrader:
Wetin be 20 million.That one no be money Nah.
You will buy the new Dangote Refinery .

BenNigeria:
After reading about Warren Buffett, I have decided to coming into the market with just 50k hoping to make 20m in five years time Is it really possible?

lasisi:
Ote$ fuel don finish. But Agba Why is GTB refusing to go below the N37 you jump out na a.

chimex38:
missed ur usual "Ding!" by 10.00-10:05am precisely ..
Funny you

Pete002:
Can you or anyone recommend a better one please??

and link or how to register.Thanks

IYGEAL:
I will email them on Monday.

Coolcash1:
I see hatred and big misconception a reflection of very shallow knowledge about TA all the time on this platform. Most people just lack the ability to combine the two skills to be a sophisticated investor. They don’t know that it is traders that create volatility in the market allowing investors to make money by buying low to enjoy high DY.

This is why when I see this needless and senseless attack on TA from ignorant people here I smile and move on. However, this time around I just felt I needed to address it. I know it’s normal for people to criticize something they don’t deeply understand. However, rather than do that why not just focus on what works for you and allow others too use what works for them.

See, as the saying goes, there are several ways to skin a cat and in market terms, there are different strategies for making money from the market. Whoever has chosen TA, sentiment analysis, fundamental analysis or even spiritual analysis (as mentioned here sometime ago by someone and was practically crucified) respect it, don’t try to discredit it and now projecting your own choice on people.

The Bottomline remains we are in the market 10am to 14:30pm a week to make MONEY!!!. Therefore, so long a person’s strategy is making him or her money in line with his or her objective, then no one, I repeat no one, gives a f^ck about which analysis is better!


Enough said.

Streetinvestor2:
Oga go sit for one side.No carry your sense come my side.Your initially post was as e don pass make I keep quiet. Why didn't you say why WTH was deducted from the money. You want to teach me what is retained earnings. Did I tell you I am a carpenter .It was specified and people wr buying above #16 ,some even bought at #17.

The English was buying out minority shareholders by majority shareholders and subsequently delisting. Why didn't they just share the retained earnings and cash as special dividend long ago. Then later deliist after selling the remaining assets to pay us what ever it generates after taking care of liabilities

Gsk closed shop in nigeria because they are not straight and not the economy. I am sure they whr equally getting cheap dollars.

Frangel:
It is not a buy out. GSK is winding down and sharing their value to shareholders. What you received was from Retained Earnings over the years, distributable as dividends, subject to WHT if not earned during pioneer period.

Nor worry, from the 2023 FS, you will get another 54k (Capital return, no WHT) and 77k or more (subject to WHT).

Streetinvestor2:
They labelled it dividend because that is the only way to legalise the fraud and defend the 10%WHT.Have you seen any company that delisted and has done that.And you feel as nigeria whr anything goes we should not ask questions. It was never a mistake tagging it dividend. It was infact tagged dividend no 48 payment.
Do you realise they have set a new chapter for those planning to delist in future to now follow .This is the reason we must ask questions.Can gsk do this in thr parent country and it will be allowed. How about oando decides to delist and you receive an alert payment with this kind format on the #7 plus price

Streetinvestor2:
Anyone with idea why gsk decided to tag the payment we received as dividend. Abi the government was involved to just collect tax from back door.I believe they have committed corporate fraud for an international company.
I hope this is not the kind shady deals they have been doing which led them to close shop and people are pointing fingers to the economy. In thr parent country would they have tagged such payment as dividend. The money payed out was it profit from running the business .why label it dividend .I hate anything fraudulent.

Mfunkynation:
Just checked my account...
GSK has landed quietly in my akant...
but I don't like that 10% WHT

222Martins:
When stocks are on full bid or full offer, it is advisable you exercise caution.............Someone here once asked: How it is possible for a stock to go from FULL OFFER to FULL BID in a twinkle of an eye. Well, i did a little experiment on a stock just now and some fools rushed in.........What did i do?

I launched up about 30 different Bids on a stock at various quantities ranging from 250,000 to 500,000 units on a stock that have been promoted here. This made the BID QUANTITY to be more than 15 times the OFFER QUANTITY with a price range just a bit below the best offer price.

Guess what happened: People started fighting to outbid me ,; while i was strategically outbidding them in bits without actually buying anything. In the frenzy, they ended up grabbing the nearest offer prices and pushing the price way above the opening price of today.

I then proceeded to cancel all my bids and the BID Quantity to OFFER Quantity ratio went from 15:1 in split seconds to 2:1.

I believe this is how the big dogs create artificial demand and supply for fools to either rush in or jump out. So please, trade with caution, buy with reason and do your own due diligence..... A word is enough for the wise.

Thank You

BenNigeria:
Oando and the court case how far? Why the rush hour there?

KarlTom:
I thought of this too especially now that Barbican/Oba is 'officially' back in the mix
I sincerely hope he will allow Ote work his magic...

However, that amount is HUGE!
Whatever the financial instruments are needs to be revealed...

megawealth01:
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