Ositadima1's Posts
Nairaland Forum › Ositadima1's Profile › Ositadima1's Posts
1 2 3 4 5 6 7 8 ... 78 79 80 81 82 83 84 85 86 (of 180 pages)
RabbiDoracle:Or maybe you think too highly of yourself. |
Dum20:I shared the article because I believe in people doing their thinking for themselves. I guess you prefer to be spoonfed with unsubstantiated beliefs. If you read the article you would have understood why the bank collapsed and not because the western world is imploding, but then you find conspiracy theories more appealing, ok. Here again some recap in my own words: 1. Bank was over-exposed on cheap bonds when they should have been more deversified. 2. Because of d post COVID wahala USA increased interest rates to stabilize their economy. 3. Suddenly the bank's investments became less valuable or bad because newer bonds offer better yields. 4. The client and investors got to know about it and started withdrawing en mass. 5. Bank can't cope with multiple withdrawal and had to sell their now bad investments that resulted into big losses. |
Here a summary of d relevant sections. Silicon Valley Bank, a 40-year-old institution based in Santa Clara, California, and one of the most prominent lenders in the world of technology start-ups, collapsed on Friday, forcing the federal government to step in. The Federal Deposit Insurance Corporation (FDIC) said on Friday that it would take over the bank’s assets, putting nearly $175 billion in customer deposits under the regulator's control. The move followed Silicon Valley Bank's emergency moves to handle withdrawal requests and a precipitous decline in the value of its investment holdings. The bank had $209 billion in assets at the end of 2022 and had been working with financial advisers until Friday morning to find a buyer. Although its downfall was swift, the woes facing the bank are unique to it, and its failure did not immediately touch off fears of widespread destruction in the financial industry or the global economy. The article explains that Silicon Valley Bank had invested a large share of its customer deposits into long-dated Treasury bonds and mortgage bonds that promised modest, steady returns when interest rates were low. This investment strategy had worked well for years, and the bank's deposits had doubled from $49 billion in 2018 to $102 billion by the end of 2020. However, when the Federal Reserve began to raise interest rates a little more than a year ago, the bank failed to make provisions for the possibility that interest rates would rise very quickly. As rates rose, those holdings became less attractive because newer government bonds paid more in interest. When the bank's clients began to withdraw more of their money, Silicon Valley Bank sold off some of its investments, and it lost nearly $2 billion when it was all but forced to sell some of its holdings. |
RabbiDoracle:Why does it feel like someone is trying harder to fit d meaning behind negative events to their beliefs? Below is a post on New York times, it is a long read. I posted summaries generated from ChatGtp in the next post if you don't feel reading d long passage. Silicon Valley Bank Fails After Run on Deposits The Federal Deposit Insurance Corporation took control of the bank’s assets on Friday. The failure raised concerns that other banks could face problems, too. March 10, 2023 One of the most prominent lenders in the world of technology start-ups, struggling under the weight of ill-fated decisions and panicked customers, collapsed on Friday, forcing the federal government to step in. The Federal Deposit Insurance Corporation said on Friday that it would take over Silicon Valley Bank, a 40-year-old institution based in Santa Clara, Calif. The bank’s failure is the second-largest in U.S. history, and the largest since the financial crisis of 2008. The move put nearly $175 billion in customer deposits under the regulator’s control. While the swift downfall of the nation’s 16th largest bank evoked memories of the global financial panic of a decade and a half ago, it did not immediately touch off fears of widespread destruction in the financial industry or the global economy. Silicon Valley Bank’s failure came two days after its emergency moves to handle withdrawal requests and a precipitous decline in the value of its investment holdings shocked Wall Street and depositors, sending its stock careening. The bank, which had $209 billion in assets at the end of 2022, had been working with financial advisers until Friday morning to find a buyer, a person with knowledge of the negotiations said. While the woes facing Silicon Valley Bank are unique to it, a financial contagion appeared to spread through parts of the banking sector, prompting Treasury Secretary Janet Yellen to publicly reassure investors that the banking system was resilient. Investors dumped stocks of peers of Silicon Valley Bank, including First Republic, Signature Bank and Western Alliance, many of which cater to start-up clients and have similar investment portfolios. Trading in shares of at least five banks was halted repeatedly throughout the day as their steep declines triggered stock exchange volatility limits. By comparison, some of the nation’s largest banks appeared more insulated from the fallout. After a slump on Thursday, shares of JPMorgan, Wells Fargo and Citigroup all were generally flat on Friday. That’s because the biggest banks operate in a vastly different world. Their capital requirements are more stringent and they also have far broader deposit bases than banks like Silicon Valley, which do not attract masses of retail customers. Regulators have also tried to keep the big banks from focusing too heavily in a single area of business, and they have largely stayed away from riskier assets like cryptocurrencies. “I don’t think that this is an issue for the big banks — that’s the good news, they’re diversified,” said Sheila Bair, former chair of the F.D.I.C. Ms. Bair added that since the largest banks were required to hold cash equivalents even against the safest forms of government debt, they should be expected to have plenty of liquidity. On Friday, Ms. Yellen discussed the issues surrounding Silicon Valley Bank with banking regulators, according to a statement from the Treasury Department. Representatives from the Federal Reserve and the F.D.I.C. also held a bipartisan briefing for members of Congress organized by Maxine Waters, a Democrat from California and the ranking member of the House Financial Services Committee, according to a person familiar with the matter. Silicon Valley Bank’s downward spiral accelerated with incredible speed this week, but its troubles have been brewing for more than a year. Founded in 1983, the bank had long been a go-to lender for start-ups and their executives. Though the bank advertised itself as a “partner for the innovation economy,” some decidedly old-fashioned decisions led to this moment. Flush with cash from high-flying start-ups that had raised a lot of money from venture capitalists, Silicon Valley Bank did what all banks do: It kept a fraction of the deposits on hand and invested the rest with the hope of earning a return. In particular, the bank put a large share of customer deposits into long-dated Treasury bonds and mortgage bonds which promised modest, steady returns when interest rates were low. That had worked well for years. The bank’s deposits doubled to $102 billion at the end of 2020 from $49 billion in 2018. One year later, in 2021, it had $189.2 billion in its coffers as start-ups and technology companies enjoyed heady profits during the pandemic. But it bought huge amounts of bonds just before the Federal Reserve began to raise interest rates a little more than a year ago, then failed to make provisions for the possibility that interest rates would rise very quickly. As rates rose, those holdings became less attractive because newer government bonds paid more in interest. That might not have mattered so long as the bank’s clients didn’t ask for their money back. But because the gusher of start-up funding slowed at the same time as interest rates were rising, the bank’s clients began to withdraw more of their money. To pay those redemption requests, Silicon Valley Bank sold off some of its investments. In its surprise disclosure on Wednesday, the bank admitted that it had lost nearly $2 billion when it was all but forced sell some of its holdings. “It’s the classic Jimmy Stewart problem,” said Ms. Bair, referring to the actor who played a banker trying to stave off a bank run in the film “It’s a Wonderful Life.” “If everybody starts withdrawing money all at once, the bank has to start selling some of its assets to give money back to depositors.” Those fears set off investor worries about some of the regional banks. Like Silicon Valley Bank, Signature Bank is also a lender that caters to the start-up community. It’s perhaps best known for its connections to former President Donald J. Trump and his family. First Republic Bank, a San Francisco-based lender focused on wealth management and private banking services for high net worth clients in the tech industry, warned recently that its ability to earn profits is being hampered by rising interest rates. Its Phoenix-based peer in the wealth management industry, Western Alliance Bank, is facing similar pressures. Separately, another bank, Silvergate, said on Wednesday that it was shutting down its operations and liquidating after suffering heavy losses from its exposure to the cryptocurrency industry. A First Republic spokesman responded to a request for comment by sharing a filing the bank made to the Securities and Exchange Commission on Friday stating that its deposit base was “strong and very-well diversified” and that its “liquidity position remains very strong.” A Western Alliance spokeswoman pointed to a news release by the bank on Friday describing the condition of its balance sheet. “Deposits remain strong,” the statement said. “Asset quality remains excellent.” Representatives of Signature and Silicon Valley Bank had no comment. Representatives for the Federal Reserve and F.D.I.C. declined to comment. Some banking experts on Friday pointed out that a bank as large as Silicon Valley Bank might have managed its interest rate risks better had parts of the Dodd-Frank financial-regulatory package, put in place after the 2008 crisis, not been rolled back under President Trump. In 2018, Mr. Trump signed a bill that lessened regulatory scrutiny for many regional banks. Silicon Valley Bank’s chief executive, Greg Becker, was a strong supporter of the change, which reduced how frequently banks with assets between $100 billion and $250 billion had to submit to stress tests by the Fed. Mr. Becker, who had been on the San Francisco Fed’s board of directors, was no longer on the board as of Friday, a Fed spokesperson said. At the end of 2016, Silicon Valley Bank’s asset size was $45 billion. It had jumped to more than $115 billion by the end of 2020. Friday’s upheaval raised uncomfortable parallels to the 2008 financial crisis. Although it’s not uncommon for small banks to fail, the last time a bank of this magnitude unraveled was in 2008, when the F.D.I.C. took over Washington Mutual. The F.D.I.C. rarely takes over banks when the markets are open, preferring to put a failing institution into receivership on a Friday after business has closed for the weekend. But the banking regulator put out a news release in the first few hours of trading on Friday, saying that it created a new bank, the National Bank of Santa Clara, to hold the deposits and other assets of the failed one. The regulator said that the new entity would be operating by Monday and that checks issued by the old bank would continue to clear. While customers with deposits of up to $250,000 — the maximum covered by F.D.I.C. insurance — will be made whole, there’s no guarantee that depositors with larger amounts in their accounts will get all of their money back. Those customers will be given certificates for their uninsured funds, meaning they would be among the first in line to be paid back with funds recovered while the F.D.I.C. holds Silicon Valley Bank in receivership — although they might not get all of their money back. When the California bank IndyMac failed in July 2008, it, like Silicon Valley Bank, did not have an immediate buyer. The F.D.I.C. held IndyMac in receivership until March 2009, and large depositors eventually only received 50 percent of their uninsured funds back. When Washington Mutual was bought by JPMorgan Chase, account holders were made whole. |
![]() |
![]() |
Agbalowomeri:I apologize for the mistake in my previous response. You are correct. This is essentially an optimization problem. To achieve a price as close as possible to 1.4008, I calculated that the person would require an additional investment of #500,000. |
machine606: ![]() |
Baddestguyp:I have noticed that some (not all) of your posts are relentless. Even when there is no engagement from others, you continue to post about the same show. The one about Chainsaw Man, which you continued to post for weeks. Despite the fact that many people did not find it interesting, you persisted in posting about it. It is important to distinguish between posting and spamming. |
Baddestguyp:Season 2 ending theme song was the best, Shinsei Kamattechan did great, they probably are subjects of Ymir, lol. Besides, it is a little scary that a whole clan of people carry a dormant but terribly vicious monster inside them, no wonder Marlians treated them like they did. |
Miracood2:It is good, but very long. If you are a descendant of Yamir, you will need to access ur titan power to keep watching it at times... |
beejay1:According to my customized OBV indicator, there is a strong indication that Oando's stock price will increase. This indicator is based on the principle that in most cases, changes in trading volume tend to precede market trends. By examining the chart, which displays the adjusted OBV alongside the daily closing price, it becomes clear that some investors have been accumulating shares in a covert manner. When the OBV line is positioned considerably above the price line, this typically suggests that price will eventually rise to meet it. It is important to note, however, that the indicator cannot predict how long this will take. The chart also shows instances where the OBV surpassed the price line before the price eventually caught up, and this pattern has been observed across multiple stocks, thereby enhancing the credibility of the indicator. As with any investment decision, thorough research and due diligence are essential.
|
Neverlosemoney:Your post contains some valid ideas. Government policy, natural disasters, and war can indeed have an impact on the stock market, and predicting these factors can be difficult. It is true that a rational investor should focus on the fundamentals of the companies they invest in, such as their debt levels, profitability, and expansion plans, rather than solely on external factors. However, your post seems to oversimplify the role of external factors in the stock market. Economic and political events can have a significant impact on the overall market and the companies within it, regardless of how well-managed those companies are. Additionally, your post suggests that bad times are always a good opportunity to invest, which is not necessarily true - some companies may struggle to survive during a downturn, even if they are well-managed. In summary, while your post contains some good advice about focusing on company fundamentals, it is important to also consider external factors and the broader market conditions when making investment decisions. |
pluto09:The current results are not conclusive, so it's impossible to determine if anyone lost. It's unclear if there is any information beyond what INEC has posted. Moreover, the top three candidates still have a chance to win based on the results announced thus far. However, the election faced numerous irregularities such as ballot box snatching, discrepancies between the number of votes and the number of accredited persons, and the disenfranchisement of eligible voters. To be frank, the election was a mess in some areas. Nonetheless, let's not digress from the main topic of this forum. |
I know this thread is mainly focused on NSE, but I believe it's important to consider how political and social issues can affect the stock market as well. Both citizens and leaders play a role in a country's success or failure. Citizens have a responsibility to uphold their civic duties and hold their leaders accountable, while leaders are responsible for providing good governance and improving the welfare of their citizens. There are several ways citizens can hold their leaders accountable, some of which include: **Participating in elections: By voting for the right candidates and holding them accountable for their promises, citizens can ensure that the right people are elected to lead them. **Engaging in activism: Citizens can join or support civil society organizations that hold the government accountable, such as advocacy groups, watchdog organizations, or protest movements. **Advocating for transparency and accountability: Citizens can demand transparency and accountability in government operations and ensure that public officials are held responsible for their actions. **Monitoring government actions: Citizens can track government actions, policies, and programs, and hold leaders accountable by reporting on their performance and bringing attention to issues of concern. **Using legal channels: Citizens can also use legal channels, such as filing lawsuits, to hold government officials accountable for their actions. The performance of a country's economy and its stock market is closely linked to political and social stability, as well as the effectiveness of its leaders. Investors prefer stable and predictable environments for their investments, and uncertainty and instability can lead to lower investor confidence and lower demand for stocks, causing lower stock prices. |
I will attempt to analyze UBA using support and resistance lines alone. At present, the stock is trading within a range of 8.3 to 8.5. If it breaks this range, it may reach 8.8, but is likely to reverse back to 7.5 or lower. If it manages to break the 8.8 line, it could potentially gain significant ground. Based on this analysis, if I were to invest in UBA, I would enter at 9 and set a stop-loss at 8.
|
yMcy56:
|
Agbalowomeri:I find that my dirty desires often overpower my rational thinking, leading me to make poor choices. ![]() |
yMcy56:I think there are multiple approaches to analyzing the market. What I don't appreciate is when someone insists that their approach is the only correct one. To summarize, there is technical analysis, which focuses on short-term patterns, and that is the approach I employed. Then there is fundamental analysis, which considers financials and macro/microeconomic factors, and that was the basis of the questions Pa Ema asked and the explanations provided by OGG. Regarding the part about "as*l*ck**ing" I fail to see why any rational person would engage in that behavior. Furthermore, given how attractive you are, I imagine you receive plenty of offers for such activities anyway. ![]() |
Agbalowomeri:Let me be honest with you. I don't execute all the predictions I make, nor have I ever claimed to do so. However, that doesn't diminish the accuracy of my predictions . At the time, I was in need of money, but the profit I earned from GTCO kept my throat and d**k wet for several weekends . |
ositadima1: yMcy56: onegentleguy: emmanuelewumi:I want to highlight that nobody is infallible, but acknowledging someone's correct prediction with a pat on the back is the least you can do. In July 2022, I forecasted that FCMB would outperform UBA based on my layman's observations. A few months later, FCMB had a solid 41% return when it reached 5 Naira and is currently at a 21% increase from the day I made my prediction, while UBA has only grown by 13%. It's amusing how Pa Ema subtly poses multiple questions when he strongly disagrees with you. This was one of my numerous predictions that came true due to simple pattern recognition. My point is that even if you're not an expert, straightforward observations can give you an advantage. |
yMcy56:The document you included in your post shows some minor discrepancies in the numbers. Specifically, it indicates that Amperion Power Distribution Limited owns 95.56% of the company's total shares, which amounts to around 2.4 billion shares. The remaining 4.44%, or roughly 111 million shares, are available for public trading. Although I have not been following Geregu, it appears that Amperion may have decided to offer a portion of their shares to the public in order to raise capital at a lower cost compared to borrowing. |
Rubyjade:*If customers are delaying payments due to unsatisfactory service, your mother should: Assess and improve service quality. *Payment terms could be revised or incentives offered for early payment to encourage timely payment. *Establish clear consequences for late payment and follow through with them. *Take a proactive approach to reducing company debt by: Improving invoicing and record-keeping systems. *Following up with clients regularly to increase the likelihood of timely payment. *Overall, it's important to identify the root cause of the issue and take steps to address it. |
onegentleguy:You discussed the previous state of the company UNILEVER Nig Plc, having given an underperform/sell rating. Then in 2020 you saw improvements across several key revenue and earnings lines, including healthier working capital, an expanded reach in distributorship, and improvements in metrics like ROCE and AER etc. Then predicted that UNILEVER's price could rise and suggested that potential reward had accelerated ahead of surrounding risk. Then calculated a fair value estimate of N29.15 for the company. I appreciate the detailed analysis you provide, which is much more informative than predictions without background information. However, I find it difficult to understand some of the undefined abbreviations in your post, as not everyone has an economics or MBA background. Nonetheless, I commend you and hope for more in-depth analyses in the future. Regarding the fair value of the company, based on its 2022 fourth-quarter financials, I estimated it to be around 10. I used a few parameters like the profit for the year, equity, and outstanding shares for my calculation. |
emmanuelewumi:PEAD, post-earnings announcement drift, is used by some investors here. It's when some stocks keep moving in the same direction as their initial reaction to earnings announcements (earnings exceed expectations, maybe), even after the announcement (or rumors) is over. To make a strategy based on PEAD, here's what I might do: 1. Find stocks that have shown PEAD in the past 2. Ensure that the PEAD is positive (not negative). 3. Enter, set stop-loss and take-profit targets. |
emmanuelewumi:In a declining market, a weekly low may be followed by an even lower low, making the 52-week low an unreliable approach. A better alternative would be to use support and resistance lines from technical analysis, although even this approach has its own limitations. |
aj8:Doubt: Why use a 52-week period instead of 62 or 32 weeks? Besides assuming a cyclical pattern, what other reasons are there? Experiment: I created a chart that plots the rolling 32, 52, and 62-week lows for GTCO, using a rolling chart (because the 52-week low would change depending on the selected day). Conclusion: In a declining market, the number of lookback weeks does not make a significant difference. After Thought: Using a weekly low as the basis for entry is dubious.
|
In Burna Boy sweet voice: "I be common person, but my happiness, oh, still be my own... Everybody get role, no mean say your own role passin' my own..." |
Streetinvestor2:"Following an exit prediction is a safer bet than blindly trusting an entry prediction, for it is all too common to hear a mighty roar of triumph when a prediction proves accurate, yet never a peep of regret when it fails to deliver. Such is the lamentable nature of this world, where self-aggrandizement reigns supreme and humility is a forgotten virtue" -- Tom Marvolo Riddle |
The Nigerian economy and its markets are intricately linked to the outcome of the election. The election results will provide a clear picture of the direction the country is headed in and the policies that will be implemented to drive its economic growth. In recent years, Nigeria has been facing numerous economic challenges including inflation, currency devaluation, and a slowdown in growth. It is important to address these issues to enable the country to reach its full potential. A change in approach and policies could potentially turn the economy around and create a positive outlook for investors. On the other hand, if the election outcome results in the continuation of the current path, the economy may face similar challenges and struggles. This may discourage investment and lead to a lack of growth in the market. Given the large opportunities for investment in Nigeria due to its development lag, a comparative analysis of foreign markets and economies may not be applicable. The potential for genuine change in Nigeria's approach towards development creates a unique investment landscape that cannot be compared to other markets. In conclusion, the outcome of the election will play a crucial role in determining the future of the Nigerian economy and its markets. Investors should keep a close eye on the election results and the policies that will be implemented post-election to make informed investment decisions. |
The outcome of the election in Nigeria will have a significant impact on the market and economy. While some argue that the market has already factored in the election, the outcome remains uncertain. The question remains whether Nigeria will continue on its current path or experience real change. However, it is important to note that Nigeria is lagging behind in terms of development, offering significant investment opportunities. Thus, a comparative analysis of foreign markets and economies may not be relevant if there is a genuine shift in the approach of Nigeria towards development. |
Missgeraldine:You dey worry o, no be u talk say somebody tommy be like GP tank the other day. Lol |
1 2 3 4 5 6 7 8 ... 78 79 80 81 82 83 84 85 86 (of 180 pages)





