₦airaland Forum

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I understand the quarrel or whatever you call it between you and streetinvestor but the reference to parents was clearly on the parable BBM made, where you intepreted that to mean he was referring to you is beyond me.

Except you want to shalaye, I do not think this post is necessary.

But oga streetinvestor, you suppose be bros for this group o, e get some dragging wen you non suppose de do again na.

If you allow all these distractions you will forget to do the things you are really good at. I remember how you were the one who kept insisting that something was wrong with the Dangotte rice and events proved you right, so leave certain fights alone if you ask me.

ololufemi:
You didn't need to bring my father into all this but since you did, I will share a few things about him.

My father was smart enough to send me to a primary school where Atedo Peterside's mother inlaw owned in Surulere and his beautiful wife taught me.

He was smart enough to send me to a secondary school (Federal Government College) where the current GCEO of the NGX was my bunk mate for a few years.

He was smart enough to send me through studies that ensured that some of the VFD guys were my seniors at KPMG.

He was smart enough to show me investing through visualisation of his Standard Bank of Nigeria shares which metamorphosed into First Bank PLC, Julius Berger PLC shares or is the afforts of late Engr Aret Adams through whom the family invested in the NDEP PLC.

He was smart enough to collaborate with his siblings to have a family office that allowed family members have seats on boards of companies listed on the NGX and even chair of some of them as well as set up a Trust for the extended family.

You want me to go on? You need to heal my brother. Your words are eating deep into you and take time to heal o.

You dey here dey mention Warren Buffet where my papa don learn investments from schooling abroad? How e no go sabi Warren?

One other thing, my grandfather was a foreign trianed surgeon in his days and my great grandfather was a.

I'll leave you to guess that one. 😂 😂

Post may disappear soon. 😂 😂

The week of parables.

Una suppose de end the parables with "He who has ears, let him hear"

I am getting a little confused. Is dilution the same thing as dumping?

designking:
I think it is best to sell off Japaul Gold and observe how things goes. The management just capitalized on the current share growth to dump over ₦20billion worth of shares. Japaul is diluted right now and I suspect massive selloff this week.

Thanks prof

BullBearMkt:
Good analysis!

Still in my early days in chart reading, however if you look at the chart, you will notice that sellers and buyers have been slugging it out at around that 2.5naira since late August. And the last time it got to that price was around February of this year. Some of those guys may just be trying to recover their cash which may explain why the sellers are holding the price down.

If it does manage to get past that junction, there will be another struggle at around 3.2 naira. From my rudimentary knowledge of charts, if it does break that one, that forms a new upward swing with no market structure to hinder it.

Streetinvestor2:
Watin happen for japa gold.I just checked and noticed the japa I talked about is happening thr..lol.That means this cycle has been completed

If Osita says you should relax, my brother(sister), just go and really relax.

What that man looks at his cowries on the oracle of python, he sees things that the naked eyes does not see.

ositadima1:
If you bought at 90, relax, you will make profit.

Lord, let everyone in any kidnapper's camp be released, rescued or escape in Jesus Name. Amen

75W ke That seems high, I know some guys have recommended some fans that are far less than that.

ksmart027:
Thanks boss, I have already placed an order. Please can you recommend any low watt ceiling fan, the qasa i saw on jumia is 75+5w, and that's kind of high for me. Thanks.

Like I also told osita the other day when he also responded to mercy's general comment, that comment could have been directed to anybody or nobody since no body was quoted and she had no previous quarrel with anybody so there was really no need to personalize the comment.

I do not know why, but people have been usually touchy and emotional in the last fear days.

Ginalex:
But how come you aren't addressing the ''empty barrel makes the loudest noise'' comment bovali dropped unprovoked? of course she should be called out... because from where to where?

Wahala... U muss wake Adbul=Alim oh... He cannot haf accidente in dis period oh. You must do miracle for your collegue. What will na happen to your proposed 4 wifes

undead:
My peple, my collegue Abdul-'Alim have accidente in morning. big wahala, chai...

It is important that those in diaspora understand that many of their folks back home will always paint a very bleak picture for them so that you can send more money home.

I am not saying you should or should not send money to your folks but if some of you see the kinds of things folks use the free money they get from their relatives abroad who deny themselves many luxuries just so they can have money to send home do with those money, you go wan cry tears non go come out.

megawealth01:
I heard that...

The Price of Petrol is heart breaking right now.

How much are they selling in your area?

Interesting

Deeprooted:
The north can never survive on their own, that's why they're forcing the relationship called Nigeria.

This Oando na wa o.

From a layman's point of view, assuming someone put 1 million in Oando when it was selling for 10 naira and the price now gets to 100 naira, he would now have 10 million.

If he put 10 million at the reference time, he would have 100 million. All within a calendar year.

What am I even saying?... a few weeks ago it was less than 20 naira, Na wa o

Yes sir, this is the name of the product I also got although mine is black.

ksmart027:
Good morning boss, is these what you are referring? I saw these on jumia.

dollarnaira:
Please bro, can share pix? The exact one you are using as proper guide. No vex.

They rel talk say u like Mercy. Where she for mention your name for that post na?

A duel between you, Agba and mankind should solve this love triangle once and for all.

ositadima1:
How am I tarnishing Oando's image by telling the truth? I merely pointed out that Oando's ownership in the Okpai power generation plant is not 100% but 40%, contrary to the false information you were disseminating. If Oando should take issue with anyone, it should be with those of you who produce false statements without conducting proper background checks. Dey play...

This bros, I don tire for your matter. See response.

You just dash dat baba hopes.

MARKETJJC:
Are you a ritualist. 10-40%

I remember vividly, not too long ago that oga Emma said something like this would happen.

Agbalowomeri:
Nigerian Breweries

https://www.thisdaylive.com/index.php/2024/08/29/sec-ngx-approve-nigerian-breweries-plans-to-raise-n599-1bn-via-rights-issue/

Very true. This is more than 2 cent sir. Sometimes we forget the basics.

Gracia

ositadima1:
The key is to spend quality time with them from a young age. Take them out for activities, involve them in small tasks around the house, and play board games (like chess or Whot, etc..). While you're together, start small discussions—ask them questions, seek their suggestions on how to handle simple situations. During these conversations, you can gently introduce concepts about life and how things work for adults. Just my two cents.

How exactly do we do this? At that age na only play and cartoon de their head na.

I would really love to know a practical method that works, particularly in situations where madam non also de interested, (Sorry talking from the perspective of the man)

Agbalowomeri:
That's the problem with parents. You people start late and you want your kids to suddenly take up habits that are alien to them. Start financial education as early as 7-10

ositadima1:
Na watin I be wan talk but catarrh and cough choke my throat.

I sold JB at 54 naira to buy Okomu at 240. Based on their present rates, I wonder which would have been better.

I haven't done the calculation yet though

yMcy56:
JAPAULGOLD full bid @2.72..
ETERNA full bid @25.40..........pullback here..
OANDO full bid @57.85..
VERITASKAP full bid @1.51...
McNichols full bid @1.18...
JAIZBANK joining @2.42......

JBERGER full bid @143 ..up with +10%
OKOMU @417....

No be small thing oo

** Do not take as any form of advice....just posted what's happening in market.

Not always true sha.

Some of the kids of business folks take on far less challenging jobs like DJ.

emmanuelewumi:
There is a difference between those who made money from business and those who made money from politics.

Those who made money from business and investment are doing a better work passing the knowledge and values compared to the other group.


My opinion though

How many of them ready to learn anything serious?

Let us face it, many kids from average to affluence homes feel a large level of entitlement particularly when you thought you were doing the right thing allowing them enjoy the money you worked hard for and give them a life you did not have.

Some even take it a step further and start turning gay because in your benevolence, you send them go abroad.

emmanuelewumi:
Teach them the right values of hardwork, diligence, honesty, delayed gratification, humility, money management, frugality etc.

There is reason why generational wealth is not common in this part of the world


This mentality is why are leaders are piling up debts for the unborn generation.


In most cases we don't leave a will for our children but we leave a bill for them

I do not think it is financial illiteracy in this case, I want to believe it is overconfidence. Poor or abandoned risk management process. Believing you can recover from a loss and then get deeper and deeper into the loss. I recently watched Rogue Trader and then I now realized why they commit suicide after losing money especially when it is other people's money.

megawealth01:
Oooh that's how financial illiteracy dey disgrace people from 1900

Osita, u sure say non be your alter ego be this?

undead:
Sell you gold, sell you car, sell you dog, sell you cow, sell sell sell. Buy Oando now, dont missy dont missy dont missy. Oando investor chop big money soon. No marry? This year marry 3, in shāʾ Allāh.

Anyway

Infrared does not have a motor so I haven't noticed any surge.

It just does its work quietly. I then to use 600W though.

Yes, all pots. An induction cooker will not even start to heat if it does not find a magnetic pot on top of it, an infrared cooker heats up as soon as you put it on, so even if you put plastic e go melt am for you.

Talking about surge sef, it was even my induction cooker that was tripping off my inverter the small time it agreed to work. Not sure why this is so though.

dollarnaira:
Wow! Glad to make this public. How is the surge like? This means infrared cooker works for all pots, right?

Generator people don enter renewable energy?

Interesting times ahead.

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Yes I do.

I had an induction cooker that I never really used and went bad when I was now ready to use it. The few times I wanted to use it, it had plenty drama. Sometimes it will accept the magnetic pot sometimes it would not, on the verge of paying for a replacement, I got an inclination to even research on infrared cooker instead.

It fitted my needs and so I got it instead. I am glad I did.

dollarnaira:
Cool but pls do you use it personally?

LOL.... It is you who says it not me.

But you should be able to write a code that will turn his eyes to face the stock markets of both US and Naija

ositadima1:
@Mcy69

Your link did not open but from the name on the link, I can 99% say Yes, the remaining 1% is just for disclaimer.

TechGeek777:
Can Regular (Aluminum & Stainless Steel) Spots work with this ?
https://www./generic-infrared-intelligent-electric-cooker-1-year-warranty-269682843.html

That is the spirit of touching money talking there. There is a certain invincibility people get when they start making more money than they ever dreamed of and more than everyone around them. They begin to feel very powerful and start wanting to acquire even things they do not need for themselves.

Some people literally run man because of new levels of money they start receiving.

So they see a beautiful woman and say to themselves, "I must have her no matter the cost", whether she is single or married, taken or not, they no longer care.

Money good o, but you can easily use it to ruin the lives of people around you if you allow it to intoxicate you. This is particularly true of Africans since we seem to always be in one form of competition or pepper dem attitude.

emmanuelewumi:
I think you are taking this joke too far. If you are serious I will advise you to sent a private message.


Thank you