₦airaland Forum

yMcy56:
You tried.
TA on which and which stocks?

Streetinvestor2:
They say if a proverb is thrown at you and you go forward to ask the meaning. That means the bride price paid on your mother head is a waste.


Received double salute for your TA call though I never see the thing happene...congratulations you are doing well,lol

Shalom428:
I know people like him very well. His heart is debased , Na comic he dey use cover up. You will never see anything positive from him.

Comparing him to Loco is like comparing sleep and death. Loco, Myc, Emma , CP , OGG and Street don give pointers that have made people millions on this forum .

But you see this Agba , he is a natural pessimist . If you follow am , you no go make shishi . If you think say Na lie , scroll through his timeline.

If you leave market analysis to only him, nobody will buy anything cos he preaches bears all year long. Mr. November! Mr Elliot!! Eyan Desmond!!!

Streetinvestor2:
Truely you argue just to win but not to learn.
In which account principle is revaluation on asset recorded as additional income and taxed.
So how is depreciation on asset value recorded.i guess as loss and then taxed too.
And I never said on any of my post I was hoping on naira gain concerning my investment on sugar.How is that possible on investment I started buying since IPO.Do you know the yr sugar and flour IPO happened .For sugar I was not even given the quantity I bided. I had a refund of cash.
Bro stop struggling too hard to prove you are right in somethings.
That people back out sometimes does not mean you whr right....na just dey no get that time .
If I sell sugar @ #30 because of my yrs of averaging up....I will still be on #6 gain.If I remove dividend of past yrs it still comes down.
Yes I still regret not selling at #80.though it has always been part of retirement portfolio.

DeRuggedProf:
Guy Street's Claims

He correctly notes that the revaluation was not based on physical assets but forex-related losses. This aligns with the financials, where a large portion of losses came from unrealized forex losses.

DeRuggedProf:
Final Verdict: Who is More Correct?

Guy Osita is correct in pointing out that the company is still in losses even without the revaluation, and interest expenses are high. However, his understanding of how revaluation is accounted for is flawed.

Guy Street has a better grasp of the nature of forex losses and revaluation, correctly identifying unrealized forex losses as a factor. However, he is wrong in saying the company technically made no loss.


Thus, Guy Street has a stronger argument based on a deeper understanding of forex losses, but his statement about the company not making a loss is incorrect. Guy Osita is right about the losses and interest burden but misunderstands revaluation treatment.

Streetinvestor2:
like seriously. You did not see the income tax on revaluation.
I don't have that time to continue. It was how you argued and still believe that recapitalisation fund raised by banks will be locked up in safe box at cbn volts..lol
You have don your analysis on the profit/loss page of the statement and I have done mine.
The only problem sugar has going forward is cost on finance. The full backward integration will only be future plus to sugar but cannot stop it from returning back to profit.
I am done on sugar.

You can talk on ellahlakes as per the results let hear you as per you made buy call thr

Streetinvestor2:
I beg to disagree with you.The revaluation was not based on assets. The valuation on biological assets take care on that.
When I checked dangota sugar and IB results at the pick of these loses. This are two companies I am in big afolabi units. So I wanted to know the major cause of the loss.I saw the loss was on forex then.The difference was IB forex loss was already realised on large scale and nothing could change it.That of sugar was not yet realised on large scale.
The revaluation is from the revaluation on that loss based on the strengthening of naira against dollars. That is why it was classified as income and taxed
The company still has 200B plus unrealised loss which could be written back in future if naira still strength further at execution time. Technically looking sugar made no loss as equally all those big losses you saw in the past wr just accounted for but not yet realised. This means most of thr forex dealings are forward contact on dollars which could change in value at future payments date.That means sugar is not buying thr raw materials on cash and carry bases.

The backward integration will only reduce forex exposure.The results of sugar for this year will definitely be much better because alhaji has added true cost to sugar now based on exchange rate.
The only problem sugar has now is the cost of finance which should go down soon because CP rates will definitely drop as other government rates drop

crownprince2017:
We are talking of total loss you are talking about eps, where did eps come from..

Take the loss out of the unrealized fx of 201b and tell me the eps again.

pluto09:
It is expected for sugar to report a bad one,
I didn't buy sugar.

RodgersAkpafu:
Belarus and especially Moldova is "ahead" of Nigeria?

Huh ?
hahahahahaha
Belarus ?
or shithole Moldova?
hahahahahahaha

Again, you have gone off tangent
let's face the topic
This is a Moldova/Belarus vs Estonia/Slovenia argument

Both sides chose their sides
Who is better off between the former and the latter ?
The honest answer to that is EXACTLY why more baltic states wanna lean to the west
No be by mouth alone
Show workings Russia

That's the diplomatic master stroke China is at least offering

Lean our side
and you get goodies
And you can't deny it
China is having some success in that regard

RodgersAkpafu:
This discourse is immaterial to the topic at hand
If you wanna call me a "coconut" or "coon" or "uncle tom"
Be my guest
But let's face the topic at hand

I don't have a "strong nigerian accent" so that one na offside lol

RodgersAkpafu:
Ukraine wants a security guarantee against potential Russian aggression

Russia violated the Minsk agreement

Putin was caught ON TAPE in Russian telling his people that he will "bring Ukraine home"

All the above are the truth and answers all your questions
America and UK wouldn't even be in that situation because they do not pose a threat to their immediate neighbours
So that is a false equivalence

Let's assume what you said is true
Everytime USA doesn't want something, they offer you an alterative,
Why hasn't Russia done same ?

I get it
Russia is doing what they "have to do"
But Ukraine is also doing what it believes is in its own interests.

A security guarantee is what Ukraine needs
Whether as a member of nato
or a separate deal with western powers w/o Ukraine
Or maybe Russian govt doing so themselves
Look at it from Ukraine point of view

Ukraine gave up their nukes because they were duped into thinking that Russia won't invade them or have plans to balkanise them
Why aren't yall talking bout that

RodgersAkpafu:
you didn't answer my question
the shyteholes had no reference to you
You misinterpreted that

The sheetholes I was referring to were Belarus and Moldova
The only two countries that are Russian aligned
I was.doing a comparison between Baltic states, who they aligned with and where they are now as per conditions SAFETY and economy.

That was my point
I wonder where you got that interpretation from

And to answer your last question
Yea I actually do check round the block for my news
And I know right wing BS when I see it
And a lot of news from twitter and hundeyin et al in recent times have been bonkers and bollocks

Even making reference to this goes to show that you are neck deep in the right wing echo chamber because that is the EXACT language they all use on that space

RodgersAkpafu:
The bolded is even more funny
How are you sure that you are not the one being brainwashed by Russian propaganda (I suspect this, but I may be wrong)

The question I always ask is...
Why is it that apart from one or two shyteholes
Why are the other baltic and wider eastern Europeans wary of Russia ?

Russia has always been a potential aggressor and Putin having the daydream of rebuilding the soviet empire (there is a tape of him addressing Russians in Russian saying this about Ukraine)

NATO is in the baltics because the baltics countries want them there and feel safer with nato presence. Now the morality of it is another question
But Russia should look itself deep in the mirror

NATO aligned countries like Estonia and Slovenia are doing well and progressing
Russian aligned sheetholes are in the doldrums.
If na you
who will u rather align with ?

Russian invasion or Georgia and the chechnya fiasco of about 20 years ago was a pointer to that
fact that Russian aggression is always a possibility

Russia is cornered and everyone knows
Europe + Canada will squeeze the nozzle with or without American involvement (because it appears Trunp is now a Russian asset / parrot)

GeeKudi:
You mention Ukraine in passing like it's some empty geographical space. We are talking of lives, human lives.

RodgersAkpafu:
This is very funny to read lol

RodgersAkpafu:
now this is about "leftism"?
Man
Nigerians have really fallen into the far right wing media disinformation ecosystem.

Like I said before
the terms of peace is just as important as the peace itself

Russia is in NO position to make demands right now
They have spent a lot of money and lost a lot of men and the economy is cracking
Ditto for UKRAINE
So US Europe Ukraine and Russia will have to sit down and BOTH SIDES give heavy concessions for the sake of peace

A slap on the wrist for Russia is unacceptable

And Ukraine 2014 borders is also unrealistic
Ukraine should forget about it

But Trump being the olodo he is doesn't understand d full scale of what's going on

RodgersAkpafu:
now this is about "leftism"?
Man
Nigerians have really fallen into the far right wing media disinformation ecosystem.

Like I said before
the terms of peace is just as important as the peace itself

Russia is in NO position to make demands right now
They have spent a lot of money and lost a lot of men and the economy is cracking
Ditto for UKRAINE
So US Europe Ukraine and Russia will have to sit down and BOTH SIDES give heavy concessions for the sake of peace

A slap on the wrist for Russia is unacceptable

And Ukraine 2014 borders is also unrealistic
Ukraine should forget about it

But Trump being the olodo he is doesn't understand d full scale of what's going on

RodgersAkpafu:
This is not true

Macron to Trump's face clarified that Europe had spent over 60% of the total support to Ukraine
And Trump couldn't refute it 🙄

This whole lie of America paying the "highest cost of the war" is dubious
Europe has paid the direct and indirect cost of this war now a moronn in chief want to come take Russia side and essentially serve Ukraine in a platter

ABOUT THE WAR BETWEEN UKRAINE AND RUSSIA.

For those who know little to nothing about the real history of what actually started the war - Watch this video.

Never listen to the propaganda of the Left - Is this is the reality of what happened.

What do you think about this? pic.twitter.com/ApZmagoEK3

— BelannF (@BelannF) February 28, 2025

ojeysky:
The discussion didn't go well, so looks like the war continues

safepaulooo:
https://www.nairaland.com/8354931/zelenskyy-doesnt-want-peace-he

Streetinvestor2:
we joke alot in this thread...walahi.I stock that has good probability to pay #4 dividend while some on #100 plus that can not even pay #1.

ThankGod Mr time is thr to decide. We go check scores at the end of the yr.
My opinion... I am expecting it to do #80 and above

Nigerialabalaba:
A talk am o. Ukraine no dey fight Russia for battle field again, na Russia oil industry Ukraine dey fight. OsitaBaba no gree.

Ukraine with EU go do spoiler for Trump and Putin for 4 years till democrats go come back. Ukraine don become fly wey perch on top ur blokos, shey u go fit use hammer crush am ni?

Igi pawpaw o ni wo pawa o.