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Computers / Re: If You Want To Sell A fairly used Laptop Please Contact Me, I Need One. by ng90118(m): 3:56pm On Apr 26, 2008
Hmmmmmmmm!
Fairly used Laptop? Be careful. Always best to take out the hard disk and dip it in water for 10 days then leave partially submerged for 5 days before trowing away.
Romance / Re: Women Always Cheat On Men by ng90118(m): 3:25pm On Apr 26, 2008
You dumped her or she dumped you?
Who enjoyed it more?
Do you really think the act is punishment on the girl?
Watch your mind dude!
Enjoy life and keep opinions at home!
Business / Re: What Defines A Millionaire? by ng90118(m): 6:47pm On Dec 10, 2007
A millionaire is a person that makes a million a month with a potential to continue to make it into the long term future.

We are in the phase of switching this potential to dollars!!!!!

Laugh if you can!
Investment / Re: Nigerian Banks, Stockbrokers, And Services For Nigerians Abroad by ng90118(m): 9:09pm On Nov 15, 2007
Attention!
Before you think of transferring funds, I must tell you that institutions in Nigeria must first see you, have (receive) signed paper forms from you before doing business. you may consider going to open accounts with continental banks like Zenith Bank, Gt bank (Best on line facilities) etc. Then open the stock account with a broker - IBTC assets management (Good on Online business and principles), FSDH (business experience), BGL (speed of execution), the list is endless. But you must first go to Nigeria to open the accounts and the accesses that will make your presence irrelevant.

Michael (FCA)
Business / Re: Be Careful About Buying These Banks Stocks! by ng90118(m): 10:28pm On Nov 06, 2007
One needs to be careful in investing and particularly read the prospectus.

Look out for dramatic changes between the last published reports and the accountants report for the prospectus. these dramatic changes always point to window dressing. The problem with window dressing is that the truth comes up after a long time. but may not be long enough to clear your cert and sell.

Where there are profits, see if the profit is in the ordinary course of business eg Banks making profits from banking business. this points to sustainability.

Also look out for a relationship between the tax growth and the profit growth. If you have the full details of the accounts look out for industry averages - relationship/ratios between figures. this tells the standard industry practices.

You indeed need to look out on these 2 specific areas
Tech Analysis and market analysis (perception of the coy - "Hype")
Hype carries share to higher values as they represent the confidence the market has on the shares. Technical evaluations keep you away for dead companies.

Michael

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