₦airaland Forum

It's far better than the -ve earnings some coys have released. You can bet, there will be dvd at the end

Calebbold:
Which kind of impressive result? The result is just neutral to say the least...

2018 EPS is 2.90 while 2019 EPS is 2.55..

bigjay01:
Up team UACN

An impressive Result from CAP:
http://www.nse.com.ng/Financial_NewsDocs/28676_CAP_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

No wonder the recent PA.

Eagerly waiting for the audited results bro. Hoping it should be equal or better than d #2 they declared 2018.

Chibuking81:
How much dividend did JB declared this year?

I remembered vividly the above comment my Oga. It's all playing out now.

Thumbs up sir.

onegentleguy:
...JB as expected.

The latter coys result(WAPCO) will be even more explosive.
...note the the part in bold from the 2nd post above.

It is well.

Nice one from JB:

http://www.nse.com.ng/Financial_NewsDocs/28649_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Warren Buffett is not only one of the richest people in the world by also very frugal to a point that it is very surprising to people. He lives in the same five bedroom house he purchased in 1958 for $31,500. He also has a modest car in comparison to his net worth. He could own any car he wanted to in the world and have a big of a collection as he wanted. So what did he chose?

He previously drove a 2006 Cadillac DTS from 2006 until 2014 when it was approximately eight years old. He only decided to finally trade it in and get rid of it after his daughter Susie told him that it was embarrassing. He did finally replace it in 2014 with a new model Cadillac XTS, which had an original starting price of US $44,600. So Buffett chose a car that is also driven by many upper and middle income American families. He values simplicity and comfort over any need to show off. He also is not materialistic and values more intellectual pursuits.

He did not even shop for the car himself. He sent his daughter, Susie Buffett to the Huber Cadillac dealership in his hometown of Omaha, Nebraska where he still lives to go look at cars for him. Showing he doesn’t even want to go through the effort of shopping and spending money as he seems to not enjoy it. Susie told the saleswoman Madison Willers that she was there to shop for her father. She did not tell them her father was billionaire Warren Buffet, she “merely described the personality and habits of her anonymous father,” according to Buffett’s letter to GM CEO Mary Barra.

The salesperson at the dealership said:

“Mr. Buffett requested that I personally deliver his XTS so that he could say hello after all the time that had passed.”

She drove the car to Buffett’s office at Berkshire Hathaway and also brought him a Cadillac hat to go with the new car.

“He seemed just as excited about the hat as he was about the car,” Willers wrote.

Susie said that also in the past he also liked to buy beat-up cars, like hail-damaged cars because they had reduced prices and after buying them he is reluctant to replace them, his daughter Susie Buffett explained in a BBC documentary. Those cars were fixed and didn’t look hail-damaged and even became a regular part of the Warren Buffett frugal lifestyle.

Buffett explained in a Forbes interview: “The truth is, I only drive about 3,500 miles a year so I will buy a new car very infrequently,”

Warren Buffett is programmed to have frugal values and does not believe in wasting money and just is not materialistic. In is authorized biography he says he s happiest in jogging pants with popcorn watching a Nebraska college football game or playing bridge on his computer.

Cars are just not his passion or hobby they are just a means to get from point A to point B and replacing them is unnecessary and a bother to replace in his perspective. That is a huge contrast to so many people that spend money on expensive cars that go down in value and that they can’t really afford and would be better off driving a used more affordable car and investing the difference.

Most people would think one of the richest men in the world has a chauffeur and is driven around in a limousine but the reality is he drives himself around in a six year old Cadillac. Nice car, but far below his means, he could buy a whole car company if he wanted.

An American store manager was left baffled after thieves executed a sophisticated plan to steal a Bitcoin ATM that “wasn’t doing well” – leaving a cash-filled conventional ATM behind.

Police in Philidelphia said two men used crowbars to break open a “Bitcoin machine” in the early hours of January 21, and released video surveillance footage of the incident.

https://www.youtube.com/watch?v=GAj3A2VKDBA

Please add me, 08065239955.
Thanks in advance

The jara you're referring to, is it DVD or PA. Just for the sake of learners like us. Thanks

bigjay01:
As usual whenever I sell, I leave 1000 units behind. Sold CCNN @18.50 (bought at 5.03).
Time to collect jara on the remaining 1000 units

That also could be true. In the other hand, most of their Recommendations do come out +ve.

DD applies please.

Coolcash1:
They want to offload their kaya and japaa....

Meristem projected UPP of GSK to be 86% from the CP. With a strong buy Recommendations.

Caveat: DD still applies.

The Ogas of the house may still throw more light to it.

megawealth01:
All the gurus in the house... How profitable is UCAP and GSK?

Well said sir. Always on point. We flow with the tide.

onegentleguy:
One would've thought that by now u will be lying on ur mattress, watching TV and sipping from a warm cup of holix drink until August/September 2020. ...or maybe take a break from the mkt and go on a vacation as u earlier asserted.
Pls calm down bro.

The pointers at this time, means that there'll be less likelihood for downside and more headroom for upside.
The feasible yield(dividend cashflow) from sound coys as against the much lower fixed space alternative, rising oil price(which signals that the government may have to borrow a little less in the short term), lower rate environment and near earnings season means that more funds will as a matter of fact find their way in than out.(inflow-outflow peg)
While I agree that there are concerns sorrounding the macro end of the economy(the result of long standing policy flip-ups from our leaders), the points noted above still presents a high arbitrage opportunity margin to tap from in the equity market space. ...particularly in the short term.
Our foreign brothers like that. It might interest u to know that one of their KEY reason for avoiding the mkt, is the believe that our present currency value is not a true reflection of the economic realities on ground. ...however that concern(though still there) has been suppressed by recent plays from the monetary policy end(thanks to the cbn) and relative stability(now rise) in oil peg.
I can confirm that one of our foreign brothers are in our midst. However, I believe there's a ploy(helped by the MM folks) to buy strategically and not overpay to get better value for their money.
That explains why u do not see ur much desired 10-10% rise. Everyone is becoming wiser. I am sure that if u were an FPI/HNI, u wouldn't go about throwing money around buying up coys with every 10% rise.

In all, I think what u should be advising folks should rather be to have a plan and do well to stick religiously to it. ...more like following through with their laid out strategy(everyone should have one)
Personally, I also sold down(40% downsize)on my ACCESS @ N11 the last time it attained that high. But I did it, not because I felt I could time the mkt or outsmart it, but because there was a need to rebalance the portfolio at the time.
Overtime I have learnt that the mkt will ALWAYS have a mind of its own.
Our duty is not necessarily to try to interpret it but to have a personal strategy to follow through with what it interprets at any given time(trend).
...and at the moment, the mkt interprets a BUY more than a sell.
The KEY is to always ensure we BUY right !!

Regards

17m and counting

Sterlin bank on the buying spree

Access now @10.05
Zenith @18.80

Glad to have you back. The house missed you.

Agbalowomeri:
Happy new year guys
Wishing you the very best in the new year and the decade ahead
Cheers

Best Investing and Trading Seasons for us all this New Year. All shall be well

When you're good, you're good.

I recalled when you spotted this equity, you informed the house to key-in. I'm just so glad I didn't miss out, as that of DS.

May God enlarge your coast sir.

currentprice:
EKUU vitafoarm o

All the same, you're welcome back brother.

onegentleguy:
I'd rather say its been active and 'bubbling'.
But thanks for the compliments though !!

Regards

So Glad you're back @OGG.

This place has been dull without you.

Corner Stone has Join the raise

locodemy:
On the move yet no single unit traded likewise wema.

Make una take am easy for acoholic drinks for this season.Na palmy I dey take small small for Villa.

Is Wema on Full Bid or are my eyes deceiving me?

Please can someone shed light on MBENEFIT. Why it's price has been stagnant, with the current FA.

Thanks in advance.

Merry Christmas and Prosperous New Year to the Members of the House.

Sorry pal, as this wasn't deliberate. Was choked with field work since Monday. I only gave the directive as soon as I received the alert. Sorry about that. will acted better next time. Nevertheless, as Ogas of the house have rightly said, there's no cause for alarm.

It is well.

lmm4real:
And you kept information to your self, well done. I and my family will remain in Fcmb until it touchés our center of gravity the result is very Ok from this end.

Well said sir. Wisdom is the principal thing...

locodemy:
Certainly,there will be reaction.I also had the feelings 20 minutes after trading yesterday but was too late to fire.

I had an intention of making 100% in Fcmb before selling.Though the bull can help it make it but Fcmb is no more a place of bulk investment for me.

I am happy,no matter the direction of the stock,I will still make a profit

On point bro. Enough profit already locked-in

bigjay01:
Better safe than sorry

The Alert I received from Meristem Research team concerning FCMB is SELL, (with UPP of -15% ) since 25th Nov. I offloaded all my stakes @N2 on Thursday.

Just waiting for reaction based on the released Result, and may be I will re-enter.

Ok sir. Will surely do. Thanks man. Will be contacting if I seal the deal.

Capeverde:
Also make sure you survey the land too before payment,let them show you the sizes and shape of the land then survey it during payment give them one copy.

Thanks so much sir. am grateful. God Bless

A quick one my Oga, This thread is really inspiring.
You have really motivated me. God bless you Sir.
Please am really new into this whole building stuff. I spotted your
thread yesterday.

In terms of purchasing land, do you always have to use a lawyer?
Kindly advise, I have a plot (100x100) I want to purchase for about (600k).

Do you advise me to get a lawyer first?

Thanks