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OBAGADAFFI's Posts

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Politics › Re: Yobe Government Apologises For False News On Missing Dapchi Girls by OBAGADAFFI: 8:49pm On Feb 22, 2018
So Sowore was right. angry
Politics › Re: Bola Tinubu's Letter To John Odigie-Oyegun! "You Are Sabotaging My Assignment" by OBAGADAFFI: 7:33pm On Feb 22, 2018
grin
Career › Re: The Government Is Now Regulating IT Professionals!! See Photo by OBAGADAFFI: 9:12pm On Feb 21, 2018
sparko1:
Forget those propaganda, that organization has been in existence for long, I studied computer science and I have registered since 2014, so stop the crying and concentrate on better things!
And you can't properly upload a certificate grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:47pm On Feb 21, 2018
Mpeace:
yes I can, N12. no jokes. Just look at the impairment charge so far taken, 35billion. add that to their profit so far= 41billion. On a good day, diamond bank should be just under Access bank. They just need to clear their NPL which ratio stands at 9.5% with the bulk of it (52%) in the oil sector(which is recovering) They should also make something good out of their recent divestments which is aimed at converting ti a national bank . Mind you the CAR for national banks is 10% as against 15% CAR for international banks. This would free up alot of cash for the bank.
Hmm!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:13am On Feb 21, 2018
yok:
MSCI MOVEMENT FOR 16 TO 20 FEBRUARY 2017/GENERAL MARKET COMMENT

The fund sold again between Friday and yesterday. Coincidentally for Monday/Tuesday my computer was down and the fund's website was down too(no update). But I believe we have not miss much. For some people insinuating that the fund will post wrong info or fail to update, let us forget that. The fund is obliged by law to update their site/holdings (albeit they may try to delay by using some tactics, which is legal, but the delay cannot be so bad as to totally shield their action from the investors or give wrong information).

I let the bag out of the bag when I gave out our confidential information (ohun ti agba fi nje eko abe ewe lo wa). See my posting of February 8, 2018. This lead me to the fact that I don't read all the posts in this forum (I read the last 2 pages of each day and then go to specific posts by the people I have interest in their postings). I only read posts from the technicians/fundamental analysts, example if you want to read all my postings you click https://www.nairaland.com/yok/posts. This is the reason, I always tell people to send me a mail (sorry too if your e-mail has a name that seems to portray unseriousness or a time waster, I may neither read nor reply it, we are in serious business forget all the jokes you sometimes see here)

This is an opportunity to pick good stocks at low prices. If you are interested is a particular stock indicate a low limit price, let your broker place the order in the system or yo do it yourself. For example if I want to by Caverton at 2.40, I am not worried if my broker get the price or not (at least my money will stay in my account), but if the price come to that price, good for me. I have go my target stock at a price that I am comfortable with.

Caution: This is for educational purpose only and not an investment advice.
Thank this .

In these season of uncertainty it is Imperative we follow the money.

MSCI MOVEMENT is the king now.
Technology Market › Re: California(Los Angeles),pickup services..Online purchase..(Ebay/Amazon,walmart) by OBAGADAFFI: 1:56pm On Feb 20, 2018
mikkyangel:
more pics...
-G.Uch
-LG V20......................37k
los angeles pick
shocked

I need this
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:44pm On Feb 19, 2018
LINKASSURE (9.09%), LIVESTOCK (5.00%) and FIDSON (4.92%)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:33pm On Feb 19, 2018
millo:
House, abeg, any opinion if Skye is a good short/medium term buy?
I am only doing SKYE for 2week -1 month Max JIJO grin

The volatily in SKYE is good for those who knows how to time the stock.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:53pm On Feb 19, 2018
pluto09:
Case closed brother.
Let continue to talk stocks grin
No mind me.

The market is confusing @ the moment.

Watching SKYE in 3D
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:45pm On Feb 19, 2018
pluto09:
And how much of this go to the FG.
Assuming the fg spend all the VAT, 798 billion / 180 million is how much?
LOL,

They don't divide annual budget by the population. grin

FG simply Budget for their workers(recurrent ) and FG projects(capital)

Every state government also have their own Budgets, workers(recurrent ) and state projects(capital).
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:03pm On Feb 19, 2018
pluto09:
Can you tell me the total amount we generate as VAT in the country in a year?
-Nigeria generates N204.77 billion from VAT in 2017 first quarter – NBS

- The minister of finance, Kemi Adeosun, has disclosed that Nigeria generated N797.51 billion into the federation account from Value Added Tax, between January and October -


Note: Most of the expenses in our Budget are inflated
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:41pm On Feb 19, 2018
pluto09:
Not exactly.
We have two major problems in the country.
What we generate as revenue is too low and we misappropriate the little that we generate.
It is not only about politicians /executive, we are all involved.
I disagree with you on this.

VAT alone is enough to sustain this country .

FG get funds from every Import duties, Licenses , Oil and Gas, ICT & Telecoms, Radio, TV, Mining. etc

States like Lagoas collect billions in Paye Tax, LASAA levies and Land use charges .e.t.c

Yet we keep hearing stories of insufficient funds
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:53pm On Feb 19, 2018
emmanuelewumi:
Because the companies we invest are paying series of taxes, levies, charges, rates to all tiers of government.
True,

But some taxes are deducted from every transition/s with our Brokers.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:04pm On Feb 19, 2018
Cadillac15:
They will only disrupt your activities when you have a known operating address.

Most guys using portfolio companies will not see tax officials until they die.

Nigerian govt is not ready to help this country yet. Once you open shop, they close it with their stu.pid policies.
Correct.

Portfolio business are the safest when it come to taxation.

Any business with physical address with be subjected to numerous taxes and levies in Lagos.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:59am On Feb 19, 2018
kolaish:
whatever affects okomu will also affect presco later. They are twins.
Yes.

Just hope they tumble south together, on time !!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:55am On Feb 19, 2018
locodemy:
At this time ,it either you go for defensive stocks or you carry your money at hand .
Loco is not bothered about the bears now because i saw the humidity of the cloud on time and decided to do the needful.I am one of the people here praying for mother of bears to take another position but because of my fellow brothers and sisters who are trapped in stocks,I dont like to talk much about bears.

I think every good news about results is already priced in...........be very careful of what you buy now.Next bull will come in April/May when Q1 results will begin to show face.
Cash @ hand is the king now.

Short term is my strategy for now, No is certain.

Most of the Banks red this red this morning.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:48am On Feb 19, 2018
Okomu is red,
Presco is green.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:26am On Feb 19, 2018
WorldAmbassador:
@Obagadaffi. I read the news and I don't think it is due to a glut of palm oil in the market. Rather, most people probably go for locally made palm oil(which is a lot cheaper) and this hurts Okomu's bottom line. I have once bought Okomu's refined palm oil called Banga Oil for over 4,000 Naira-it's too expensive.

On the other hand, I read in the Punch that the CBN is barring banks with huge Non-Performing loans from paying dividends.
http://punchng.com/cbn-bars-banks-with-huge-bad-loans-from-paying-dividends/
Hmm, With all this negative news, we should expecting serious baers.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:02am On Feb 19, 2018
https://brandspurng.com/okomu-nigeria-sees-subdued-2018-for-palm-oil-on-market-woes/

Okomu Oil Palm Plc, Nigeria’s second-largest producer of palm oil, expects its sales will probably slow for the rest of the year due to a supply glut and weak consumer demand.

Are we expecting something negative from Okomu this year.
Politics › Re: Oluseun Bakare, Oludamilola Osinbajo's Husband-To-Be Is RCCG Pastor, Not Muslim by OBAGADAFFI: 10:44pm On Feb 17, 2018
Freeze is just an alarmist.

Always reacting to issue Based on hearsays
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:25pm On Feb 17, 2018
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:51am On Feb 16, 2018
Zhirinovsky:
@RabbiDoracle
I don't mean no disrespect sir!
Market has been down this days and it is really getting into my head
grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:45am On Feb 15, 2018
fxuser:
- umm NSE means business
- anyone going here ??
I think they are also planning to tweak the platform.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:29am On Feb 15, 2018
Notice to all NSE Dealing Members: Changes to the Equities Market Microstructure As part of our ongoing efforts to improve service delivery to our clients, The Nigerian Stock Exchange will be introducing changes to its Equities market microstructure that will improve trade execution and enhance market efficiency. The functionality enhancements will seek to reduce spreads and boost liquidity by enabling further market participation and increasing order matching opportunities through the trading day. In order to ensure that all dealing members are aware of the coming changes and have hands-on experience on these new functionalities, the NSE will be scheduling a training for all dealing members. The training will cover all the coming changes for the new Market Structure ?i.e. the changes which have been summarized above. The Training is scheduled to take place from 10.30am till 1pm daily between February 21, 2018 to March 13, 2018. All dealing members should please send their preferred slots to NSE Contact Center via contactcenter@nse.com.ng. For questions or queries please do not hesitate to contact any of the following recipients; productmanagement@nse.com.ng; marketcontrol@nse.com.ng; or marketservices@nse.com.ng. We thank you for your continued co-operation.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:18am On Feb 15, 2018
Skyebank O o grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:11am On Feb 15, 2018
lancee:
https://abokifx.com/news/cbn-place-restrictions-on-dividend-pay-out-for-banks-businessday
So banks will reduce Dividend payouts to meet the Minimum Capital Adequacy.

We should watch-out for banks in this categories.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:17pm On Feb 13, 2018
Consolidated Hallmark Plc: Listing of Additional Shares Issued by way of a Rights Issue Dealing Members are hereby notified that 1,000,000,000 ordinary shares of Consolidated Hallmark Plc (?onsolidated Hallmark? were listed on The Daily Official List of The Exchange on 12 February 2018. The additional shares listed arose from Consolidated Hallmark? Rights Issue of 1,000,000,000 ordinary shares of 50 kobo each at 50 kobo per share on the basis of 1 new ordinary shares for every 6 ordinary shares held as at 28 August 2017. With this listing of 1,000,000,000 ordinary shares, the total issued and fully paid up shares of Consolidated Hallmark has now increased from 6,000,000,000 to 7,000,000,000 ordinary shares. This is for your information and records update please.
Career › Re: Ebiminor Preye, POP Designer Buys Lexus Jeep. Flaunts It Online (Photos) by OBAGADAFFI: 3:39pm On Feb 13, 2018
Spanner4:
grin

Pop and painting to buy lexus
POP isn't cheap my guys
Politics › Re: INEC Reacts To Underaged Voters In Kano LGA Election: We Aren't In Control Of LG by OBAGADAFFI: 7:13am On Feb 13, 2018
INEC didn't deny the crime, but they're simply saying they didn't conduct the election.

I thought State Elections Commission had been scrapped.
Christianity Etc › Re: RCCG Pastor: "Dangote Will Not Make Heaven" - Daddy Freeze Reacts by OBAGADAFFI: 4:38pm On Feb 12, 2018
BetaThings:
Without lies and propaganda, Christianity will be dead in Nigeria
You guys make statements without regard for truth
I dare you to disprove this - that restriction on comments on the Islamic section was the idea of Christians and Muslims were against it

You should really be ashamed of Christians of you are honest
Will you keep quiet.....

What gives you the enfontry to even talk.

You should cross over to Chad and Niger and see things for youself.
Christianity Etc › Re: RCCG Pastor: "Dangote Will Not Make Heaven" - Daddy Freeze Reacts by OBAGADAFFI: 2:33pm On Feb 12, 2018
zabuur:
So, with dangote creating jobs, paying his alms, giving scholarships, helping ur daily needs etc, since Christ is not in his cv, he won't make heaven. What if, he has Christ but, a criminal.

You are a big fool. I'm sure dangote like any other Muslim believes in Jesus (ISA) Alaei Sallam. Not as a savior but, as a Prophet of Allah.

Haaaa, give me a name of a christian business person that does what dangote does. Idiots and mischiefs
You should put thing in proper perspective before commenting.

Every Religion got thier version on heaven.

Will Christian inherit Virgins in heaven? No

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