₦airaland Forum

locodemy:
You are right.This must be oracle.He is putting us into confusion in everything.Imagine prophetutuocha who is an old member registering on the 22nd of May 2023.No be juju be that?

Whitch cry in the night pikin die in the morning

Oracle is a man, he doesn't do that.

ositadima1:
You registered another moniker. What is really driving you? Are you acting in the best interests of other members, or are you nursing selfish motives? I believe the latter is more likely.

The fact that you disguised yourself with another moniker to pass the same message suggests this. You clearly believe that the market will tank, but like a typical human, you cannot bear to watch events unfold naturally. You want to influence others to follow your assumptions.

You are not alone; I see this behavior all the time, both online and offline. If left to you, you would manually push all stocks to red.

Prophet utuocha is a very popular name. He has been around for a very long time.

YoungBuffet:
Guy if truly u changed moniker has someone rightly said, u don't need it pass your message this is SM the worst they will do is to insult you. Market is going back to pre-euphoria level first then tank later. Many will average down wella and all their motivational speakers saying they should buy the future of company will go hibernating. Just be watching. Those who are in uba now still thought it would go to 25 but at their naked eyes it will go back to 8 naira first before tanking further.

You can learn a thing or two from Oracle. Once he makes his point,he doesn't come here every day talking about how his predictions must come to past.And I think that is why he is still respected here despite the fact that many will always disagree with him.
You have made your point jus allow mr market to prove you right or wrong.

edwardaigb:
Just saw Jagaban's ministers with theirs ministry, Jagaban is serious. Load up.

Are you serious on this?

Thazard:
Please how do I get access to this?

No financial institution will give you a loan of 5 million.without collateral my brother.

emmanuelewumi:
Don't get me wrong it is very possible to work for 3 years without savings, but one would have used part of the money earned to buy things that can be sold to raise money.


But that clown does not have savings and does not have anything to sell in order to raise money for his proposed agric business

Eassy oga ema....
It is very possible for one to work in Nigeria for 3 years without any saving. Our background differs. Some have it very rough.

Yoast:
I've been on nsempa long enough to observe that oga Oracle hasn't faired well on most of his predictions on the timing of bull/bear

It is not always easy to predict the direction of the market with accurate timing.
I think he has tried despite that most of his predictions have always been exaggerated.

yMcy56:
You didn't read the part where the billionaire friends had to intervene before Otedola could back down?

Otedola was persuaded by the other friends in the likes of Aliko Dangote and others before he accepted to release the shares back to Tony at that said amount.....3.12.

The question is: Why did Tony had to wait till it gets that "ugly" before waking up?

AMCON has placed its holding for sale since 2022 with no one showing interest to buy until Otedola bought it, having seen a good opportunity and value in it.
I cannot for any reason blame Otedola. He's a business man who saw profitable biz and keyed into it.

Tony needs to be serious with his business; sit up and take care of it as well as take care of the shareholders as well.
While AMCON wanted to sell, he could have negotiated it cheaper and buy, even @N1 self.

Someone still needs to teach him another sit-up lesson on UBA as well......

I want to believe the two of them knew what they were doing from the beginning.

Agbalowomeri:
That's exactly what would have happened. 3.12 is dam too cheap to buyout a hostile takeover bid

You actually believe Tony would pay otedola N12 per share for transcorp?

ositadima1:
Not true, given that labor costs are significantly lower in Nigeria compared to Europe and that the revenue generated by the refinery will be subject to taxation by the Nigerian government, other products such as various types of plastics are likely to be more affordable. For instance, a small-sized plastic bucket is currently sold for 600 Nigerian Naira, and plastic chairs and tables are all many times what they used to go for.

I am only talking about pms price.

Agbalowomeri:
Dangote really disappointed Buhari's government. From 3 year's expectation to unending postponement of completion date

As long as subsidy is removed, it will make little difference either we have a working refinery or not.
The difference in price will only come from shipping and logistics.

yMcy56:
Suspension.
Sterling is transiting to HOLDCO.

Why are they all going back to the past?
Sanusi did a good job stopping this. Now we are back to this nonsense again

onegentleguy:
This things happen my dear, so nothing to fret about.
...they are a part of the risk factors that can impact the life circle of an asset/company and oftentimes even unexpectedly.
Though it followed a defined pattern, no one expected the debt crisis in Ghana to escalate to these levels.

That said, it isn't a problem.
It's largely a one-off kind of situation and NOTHING that ZENITH BANK can not handle!

This sought of things only present a opportunity for descerning investors.
Opportunities might turn up in some banks in the course of time.
Our duty is to be ready so we can tap from them whey they come.

Yes, it will be a one-off thing and will definitely present great opportunity for new buyers.
However for those that might have already invested in those stocks before it happens the experience is better imagined.
If there is one thing I have learn from this is that concentrating ones portfolio in a particular sector could be very risky.

onegentleguy:
30% of the total figure might have been lost which brought about the already booked N68.8B impairment charge from the Ghana subsidiary in 2022.
This was the mandatory consensus peg btw foreign DMBs and the Ghanaian govt following their talks on restructuring.
The balance of about N126B (70%) in sovereign debt was successfully exchanged for new ones with maturity spanning through a 12 yr period.
Perhaps, the loss could have been more.

As I highlighted in a previous post, I expect ECOBANK and ACCESSCORP to be among the worst hit on the Ghana debt issue.

I am beginning to have a rethink about investing in banks shares.
I can't imagine what will be thier fate if what happened in Ghana should happen in Nigeria.

yMcy56:
WAPCO
Why is no one talking about the result and dividend payout?
* 100% Dividend payout this 2022 FYE...
* Bids increasing.....

UCAP:
Some guys depressed the share price yesterday for a reason best known to them.......today it's looking up again..

GTCO & ZENITH........Honestly, these stocks are grossly undervalued if we comsider some factors......
Imagine a N25 stock that will likely pay btw N2.5 and N2.8 as final dividend??

UCAP was supposed to have had their board meeting last Friday. Some might have already seen the result.
I hope they won't disappoint us this year.

Ades1:
It is like saying I don't blame scammers for scamming, it is those falling for it. Stealing is stealing no matter how you package it

They are not thief and not a scammer.
There will always be a caveat in buying any finicial instrument, the onus is on the buyer to beware......

thesilentone:
Equal tops

Make u na continue o....
I am enjoying it.

Well done