₦airaland Forum

helinues:
https://www.nairaland.com/5723254/coronavirus-nigerians-start-saving-now

You guys were bluffing when I posted that...

honest1480:
Can the patient that has been discharged after being tested positive to Covid-19 and later treated and became negative contract the virus again?

Miyachi:
AIN
iPhone Xr 64gb Product Red
CHIP REQUIRED
110k
Whatsapp https:///2347061615660

bbmike:
No contact??

Millenniumlady:
So it was a prostitute that gave him the virus

onegentleguy:
A real game of chess !!
Imagine that a drug as popular and ubiquitous as chloroquine could've been utilized before now to save a lot of human lives !!
No wonder there's always the belief of a conspiracy theory when certain things happen around the globe.(highlighted in a past article)
...the world is indeed a cruel place !!
These are end times.

nna777:
I think we need to interpret what is happening in global stock markets especially US as it relates with ours.like someone said earlier, it's a health issue not a financial crisis.

The reason for the volatility of Dow is the spike in the cases of the virus in the country. This will definitely lead to panic and fear hence the selling spree.

Coming back home, there has only been 2 cases here in Nigeria. Our exchange has had it's fair share of the volatility. Most stocks have either reached their 52wk low or broken it and are reversing.

I am of the opinion that although there might be drop in prices of stocks but it will not be as bad as few weeks ago.

Marlianvestor:
I think the Km 9 people are most probably on the side of probabilities... Let me break it down as ff:

For our stock mkt, if there is one thing I fear more than corona virus is the oil price crashing and its attendant consequences on our FGN budget, not even Naira devaluation (cos that would naturally show its ugly head after)

Generally, whilst the relationship btw currency devaluation and the stock mkt is complex and is far from direct, the relationship btw d oil price and our stock mkt is glaringly a positive correlation as we have witnessed numerously.

That said, the bottom line issue is the oil price and whether FGN will reduce the oil price budget benchmark to $20 to balance the budget cos it is obvious it is not sustainable on current $ form and they now need more Naira for every dollar, even to meet the recurrent expenditure expectations (not even CAPEX requirements). If the unthinkable happens (very likely re. Oil output war) and oil price budget benchmark is reduced to $20, then na real mkt scatter.... Just imagine what the new $ rate would likely be for govt 2 at least balance d budget. Gbese!

Zenith (the best stock at the moment) , for instance, would be expensive on current form. N10 might be the new resistance price. Target entry price - single digit, 20% max lower from N10. Same repricing scenario, if not worse, applies for other value stocks. My earlier advice - Wait for King Meffy! Don't fight the Emperor and moreso, don't buy this dip yet, let the dip goes deeper, besides the uncertainty in the mkt is crazy for now and as you know mkts don't like uncertainty one bit esp the one that they can't really assess yet, like the double whammy we have now (Cov-19 and Oil Price crash).

Just chill and let the uncertainty subsides and prices stabilize, then you unleash... Any buying now is just largely speculative... Stay away from the mkts for now till Meffy shows up, try recalibrate your strategy when away and more importantly, stay away from this platform so that your strategy wouldn't be corrupt or be suboptimally spoonfed re. entry/exit decision esp with Alhaji Rabiu's in-your-face bearish rambling, which to me, is just unnecessary overpricing the worst--case scenario.

Anyway, V-shaped recovery still expected once d mighty storm is over! It isn't Armageddon, like the 2008 credit crisis & over-leveraged systemic damage, Alhaji & Co are ascribing this to be. Once over, pent-up demand from consumers would kick in, folks would start traveling again, companies would resume production, planes would start flying, oil demand would start accreting as a result, boom - earnings growth.... The rest will be history with new set of billionaires on the block re. wealth transfer!

And if by any chance, your fingers are twitching and feel u might miss out on a possible rally, relax, second boat will show up (d more assuring one), and historically speaking, it always does.. Independent thinking, the koko in this dire global mkt situation. Just my 2k mkt opinion re. trading with conviction!

DominusPrime:
For how much?

DominusPrime:
Price. For uk used

DominusPrime:
Airpods 2...any one has for sale? Mention me asap. Must be in Lagos

holluwai:
Leave yours

holluwai:
$200 x2
$50 x1

holluwai:
Ebay gift card available

cybertek:
Yes

cybertek:
Yes what's model?

Joselph95:
Sure, very well... (What Model?)

Unlimited22:
Screenshots

kokertalented1:
$100 * 5 AGC available ( cash receipt )