₦airaland Forum

PETERiCHY:
November 2021

BARGAIN HUNTERS TAKE NOTE!

House of Representatives Commitee on Science and Technology Monday said that the 2021 budget as presented by President Muhammadu Buhari was incapable of lifting Nigeria from the current economic recession.

It will be recalled that Buhari in early October this year presented 2021 budget estimate of N13.08 trillion to the national assembly for approval.

Last Saturday, the National Bureau of Statistics, NBS, announced that Nigeria had slid into recession, the second time in five years.


https://www.vanguardngr.com/2020/11/2021-budget-not-capable-of-addressing-nigerias-recession-reps/amp

veecovee:
This is second time you are flaunting 100,000 guiness.

Pls show us the lost you made too

... some are secretly making billions, Mr P.

Which loss again.

Is it the UBN we bought @N4.80 and quickly dispose @ N5 50

bigjay01:
not a smart statement until you attach a timeframe to it!

November 2021

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Fear God.
Nestle traded around N160 in February 2005. when i was buying..

The GOOD OLD BOOK says in the mist of LIFE there is DEATH.

Inessence for THOSE that BUY in BATCHES they should endeavour to SELL in BATCHES too.

it's best to STRIKE when the IRON is HOT,
Stay SAFE and stay BLESS.

BARGAIN HUNTERS TAKE NOTE!

GUINNESS now on full offer @N17.95.
That's a DISCOUNT of N5 and whooping N500k DISCOUNT from what I sold 10days ago and rang the SELL ALARM BELL

Well INFORMATION reaching my FRONT DESK says GUINNESS will sale for N3 50k come NOVEMBER 2021


BARGAIN HUNTERS TAKE NOTE

PETERiCHY:
BARGAIN HUNTERS rightnow

LOCO hope you have cash out because this time around the gods won't be blame.

LOCO, MERCY and their fellow MARKET MAKERS rightnow

zimams:
I don set my lootbag for 21.80 and another at 23 while nibbling some afolabi units at 24 this morning. It's a good day.

I expected this. When NBS released the gist of recession..
What some folks didnt see is that they also provided figures that hinted at a recovery.

Zenithbank that will still beg some of us to buy at sub N10.

PATIENCE is KEY.

BARGAIN HUNTERS TAKE NOTE!

FOOD 4 THOUGHT

Put a frog into a vessel fill with water and start heating the water.

As the temperature of the water begins to rise, the frog adjust its body temperature accordingly.

The frog keeps adjusting its body temperature with the increasing temperature of the water. Just when the water is about to reach boiling point, the frog cannot adjust anymore.

At this point the frog decides to jump out. The frog tries to jump but it is unable to do so because it has lost all its strength in adjusting with the rising water temperature.

Very soon the frog dies.
What killed the frog?
Think about it!
I know many of us will say the boiling water.

But the truth about what killed the frog was its own inability to decide when to jump out.

We all need to adjust with people & situations, but we need to be sure when we need to adjust & when we need to move on.

There are times when we need to face the situation and take appropriate actions.

If we allow people to exploit us physically, emotionally, financially, spiritually or mentally they will continue to do so.

Let us decide when to jump!
Let's jump while we still have the strength

As NBS report says economy shrank by 3.62% in Q3
•Rising debt profile, inflation, unemployment worsen economic woes
•Experts blame COVID-19, #EndSARS violence, others for crisis
Okechukwu Nnodim, Nike Popoola, ’Femi Asu and Tunde Ajaja

Amid rising debt profile, inflation and unemployment, Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday showed that the economy shrank again in the third quarter of this year.

This year’s recession is the worst in 36 years as data obtained from the World Bank showed that the country’s GDP dropped by 10.92 per cent in 1983 and 1.2 per cent in 1984.

For the first time in more than three years, the Nigerian economy shrank in Q2 as the GDP fell by 6.10 per cent, compared with a growth of 1.87 per cent in Q1.

The World Bank said in June that the collapse in crude oil prices, coupled with the COVID-19 pandemic was expected to “plunge the Nigerian economy into a severe recession, the worst since the 1980s”.

Total public debt, constituting both the federal and state governments’ external and domestic debt, in the first half of 2020 stood at N31.01trillion

Inflation rate in the country jumped to 14.23 per cent in October from 13.71 per cent in September, according to the NBS

https://punchng.com/nigeria-suffers-worst-economic-recession-in-36-years-wbank-data/?utm_source=Smartech&utm_medium=web-push-notification&utm_campaign=Recession&__sta=%7CHUJQ&__stm_medium=bpn&__stm_source=smartech

BUHARI has done it again

CASH IS KING

BARGAIN HUNTERS TAKE NOTE!

I URGENTLY need a 40ft container body truck like the one in the pics that will converge load to Onitsha from Agbara.

Loading point is Opic RC company Agbara lagos and despatch point is building material market Onitsha Anambra state .

Contact me ASAP @
0814 492 8504
cc.Ahib

I URGENTLY need a 40ft container body truck like the one in the pics that will converge load to Onitsha from Agbara.

Loading point is Opic RC company Agbara lagos and despatch point is building material market Onitsha Anambra state..

Contact me ASAP @
0814 492 8504

PETERiCHY:
"2021 is the year of THUNDER!"

2008 will be a CHILD'S PLAY compare to what is ahead

Keep your CASH ABREAST.

Those that has ears let them hear what the FUTURE holds........

*ThE OcToPuS*

Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the third quarter of this year.

This year’s recession, ocassioned by the economic fallout of the COVID-19 pandemic, is worse than that of 2016.

The National Bureau of Statistics, in its Gross Domestic Product report for Q3, said the GDP, the broadest measure of economic prosperity, fell by 3.62 in the three months to September.

Economists consider two consecutive quarters of shrinking GDP as the technical definition of a recession.

For the first time in more than three years, the Nigerian economy shrank in the second quarter of this year as the GDP fell by 6.10 per cent, compared with a growth of 1.87 per cent in Q1.

https://punchng.com/breaking-nigeria-plunges-into-second-recession-in-five-years/?utm_source=Smartech&utm_medium=webpush%20notification&utm_campaign=Nigeria%20plunges&__sta=%7CFVJQ&__stm_medium=bpn&__stm_source=smartech

PETERiCHY:
2020 is the YEAR of MELTDOWN.

Follow the NEW YEAR EUPHORIA and EXIT with your PORTFOLIO don't be CAUGHT in the CROSSFIRE.

Those that has EARS let them hear what the FUTURE holds....

*ThE OcToPuS*

"2021 is the year of THUNDERSTORM!"

2008 will be a CHILD'S PLAY compare to what is ahead

Keep your CASH ABREAST.

Those that has ears let them hear what the FUTURE holds........

*ThE OcToPuS*

PETERiCHY:
Sharpen your cutlasses and wait for MARKET CORRECTION between now and year end.

Best entry point will be DEC 20-24th in anticipation of XMAS rally & NEW YEAR EUPHORIA...

BARGAIN HUNTERS TAKE NOTE or GET BURNT!

*ThE OcToPuS*

BARGAIN HUNTERS rightnow

LOCO hope you have cash out because this time around the gods won't be blame.

PETERiCHY:
Fear God.
Nestle traded around N160 in February 2005. when i was buying..

The GOOD OLD BOOK says in the mist of LIFE there is DEATH.

Inessence for THOSE that BUY in BATCHES they should endeavour to SELL in BATCHES too.

it's best to STRIKE when the IRON is HOT,
Stay SAFE and stay BLESS.

BARGAIN HUNTERS TAKE NOTE!

For the SMART TRADERS that were able to beat Mr. MARKET. POP the CHAMPAGNE and sip it in peace.

Next in line is CHRISTMAS BONANZA that will take place from Dec 20th-24th.

SAVE the DATE.

BARGAIN HUNTERS TAKE NOTE

Mcy56:
Lol. Don't mind him.
Q3 results will give more direction, it's just to play safe before then.
Wonder whats causing the delay

Most stocks has done more than 100% upside from their March low and you are still waiting for more direction

PETERiCHY:
Fear God.
Nestle traded around N160 in February 2005. when i was buying..

The GOOD OLD BOOK says in the mist of LIFE there is DEATH.

Inessence for THOSE that BUY in BATCHES they should endeavour to SELL in BATCHES too.

it's best to STRIKE when the IRON is HOT,
Stay SAFE and stay BLESS.

BARGAIN HUNTERS TAKE NOTE!

Sharpen your cutlasses and wait for MARKET CORRECTION between now and year end.

Best entry point will be DEC 20-24th in anticipation of XMAS rally & NEW YEAR EUPHORIA...

BARGAIN HUNTERS TAKE NOTE or GET BURNT!

*ThE OcToPuS*

PETERiCHY:
Fear God.
Nestle traded around N160 in February 2005. when i was buying..

The GOOD OLD BOOK says in the mist of LIFE there is DEATH.

Inessence for THOSE that BUY in BATCHES they should endeavour to SELL in BATCHES too.

Stay SAFE and stay BLESS.

BARGAIN HUNTERS TAKE NOTE!

Congrats to BARGAIN HUNTERS that read between the lines and pull the plugs at the right time

DexterousOne:
I envy those with jijo skills right now

E shock you

husu:
I've been following this since 2005 till date when Nestle was around 25 naira per share, if I had had invested only a million then in Nestle I will be worth more than 40 million naira right now. But I invested heavily in oceanic bank then, finally acquired by ETI, the value of that share now is currently down by more than 80%. But what is happening now hasn't happened since after 2008 stock market crash. This bull will ride for long. Nigerian stock market doesn't follow charts

Fear God.
Nestle traded around N160 in February 2005. when i was buying..

The GOOD OLD BOOK says in the mist of LIFE there is DEATH.

Inessence for THOSE that BUY in BATCHES they should endeavour to SELL in BATCHES too.

it's best to STRIKE when the IRON is HOT,
Stay SAFE and stay BLESS.

BARGAIN HUNTERS TAKE NOTE!

Wale Tinubu and his bunch of crooks has finally set their farm tank on fire

LOCO hope you done carry your KAYA

https://punchng.com/fire-guts-oando-tank-farm-in-lagos/

Shame on Oba of lagoon

verocharles:
What is happening with UBN. It has already lost 45k

UBN gained 20k and closed N5.45k except it's NAIROBI STOCK EXCHANGE that you are trading

Princkez:
I think Guinness performance is not that bad...have a look at this

"ENEKE the bird says that since men have learned to shoot without missing, he has learned to fly without perching."-Chinua Achebe,

Since June 2018 that this GOOD FOR NOTHING Buhari REGIME have learned to TAX the BREWERY SECTOR to DEATH via EXCISE DUTY,

GUINNESS management have learned to HIDE their PROFIT via IMPAIRMENTS.

BARGAIN HUNTERS TAKE NOTE!

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/31670_GUINNESS_NIG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_.pdf

cc peter

And you claim not to see the N18.7Billion pile of cash they are currently sitting on compared to the N4.9B they had 3months ago

BARGAIN HUNTERS TAKE NOTE!

Danniee:
Mr Peter, what is your advice on Guinness now?
It is Skelewu dance dey fear me oooo.

The BREWERY SECTOR is in REPRICING mode.

NIGERIAN BREWERIES has DONE over 100% upside from their year low of N22 to N51.50k

Likewise INTERNATIONAL BREWERIES has DONE over 100% upside from their year low of N2.70 to N6.44k

In the same VEIN we expect GUINNESS to do their own over 100% from their year low of N13 to atleast N32 on or before 1st week of January 2021..

This will be PROPEL by the release of their Q1 2021 results which we SHOULD be in PUBLIC DOMAIN any moment from now.

So FASTENED your SEATBELTS and ENJOY the JOLLY RIDE to ELDORADO.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Some folks have seen GUINNESS Q1 2021 result.

3.1m bids vs 200k.

For a company coming from a loss of N371m in their Q1 2020 results.

Their 70th AGM comes up next week Tuesday OCT 20th. So Let's hope for a BANGER!

BARGAIN HUNTERS TAKE NOTE!

https://www.youtube.com/watch?v=svtFmQ-JdBs

Join us live..............
GUINNESS 70th AGM will commence in the next 40mins.

BARGAIN HUNTERS TAKE NOTE

DexterousOne:
I loaded at N14
.

Meanwhile we got some batch @N13

aremso:
when I read comments like it still has room to go up further, I just laff in ikwere language. Let's wait and see

ZENITHBK will consolidate at N25 and stay at that point for a while.

NSE is in REPRICING mode all thanks to NAIRA DEVALUATION and ALL TIME LOW INTEREST RATE.

BARGAIN HUNTERS TAKE NOTE!

DexterousOne:
The investment mistake I made

Or will I say the investment opportunity I missed

Was to sit on the sidelines when the carnage of March /April was in full swing

Taking some reasonable positions in Nestle, (<N800)
Zenith (<N11) and even Wapco and a few others I had in my radar then would, by now have paid off big!

While I remained on the sidelines hesitant
The brave ones took their positions
And are reaping bountiful from it.

This is not to say that there were no gains
But indecisiveness made me lose out on a big opportunity
AGAIN!
The lessons learnt from this, is that

1)dont have the "end of the world mentality, it won't l. No matter the gloom or panic, it will pass over
Which leads to the second

2) A fundamental company shares will always survive the storm, regardless of what happens. As long as the company has not had structural blows to the chin, even if the share price is going down, if you are liquid, buy more, and more.


Looking back in hindsight
I'm glad I'm among the living who survived the pandemic

Not so happy about the lost opportunities

But the lessons learnt are tattooed to my heart.

That's about it...

OPPORTUNITY to buy GUINNESS @N17 is still there.

BARGAIN HUNTERS TAKE NOTE!

sincerelymine:
Good afternoon and gurus, 6 months short term stocks to key into?

GUINNESS.

Thank me later,

BARGAIN HUNTERS TAKE NOTE!

arduino:
Can it make it to kilometer N32 by December ending

All things being equal it will surpass N32 by first week of January 2021.


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
GUINNESS financial year end is June 30th.

So July to September stands as their 1st first quarter...

BARGAIN HUNTERS TAKE NOTE!

GUNNIESS Cross deal of 5 4m units done at N16 per share so far.

BARGAIN HUNTERS WATCH THIS SPACE