Exactly 10ys ago between 2013 & 2014 TRANSCORP moved from #1:00k to #7.15 k.
History is repeating itself between 2023 & 2024

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

leparj:


Lol.
Stockwatch.
Never missed it.
Bought and read it religiously.
Then I was living in Enugu.
Had this newspaper vendor around NOWAS junction who always kept it for me.
As soon as he sighted me, he would bring it out.
Was reading it feeling like one very rich man.
Las las after paying sch fees, I concluded the Stockwatch man was just using us to push his own hussle.

That Abayomi guy institutionalized MONKEY HUNTING lol.

Some are still busy calculating UNREALISTIC dividend yield when major GLOBAL BANKS are closing shops here.

Those that are used to making losses should continue fighting with Mr Market.

While those that want to make real MONEY should PATIENTLY wait till NOVEMBER/DECEMBER to cherry pick.

Meanwhile some of us have being on the SIDELINES for the past 10mths SHARPENIG our CUTLASS for the GREAT SPOIL.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

PETERiCHY:


By now many have learnt the moral of the above lesson

Meanwhile like we said earlier a repeat of 2008 global recession is staring at us.

By September it will be glaring and recede by march 2023.

APRIL 2023 will USHER a NEW DAWN

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

2months from now we invade the market like Fulani herdsmen

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


By now many have learnt the moral of the above lesson

Meanwhile like we said earlier a repeat of 2008 global recession is staring at us.

By September it will be glaring and recede by march 2023.

APRIL 2023 will USHER a NEW DAWN

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

5months GONE more 5 to. GO.
BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Mpeace:
12% still lower than Zenith bank, Gtb dividend yields. They need to do more. Mind you, as share prices go down, they become more attractive

In the month of MAY when most of us left the market both GTB and Zenith were trading @ circa N25 today what are their current prices

We don't need a sooth sayer to tell us that elections is around the corner and presidential elections in Africa is always a do or die affair.

So let's learn to be proactive in our dealings and stop blaming village people for our misfortunes.

A stitch in time saves nine.

PETERiCHY:


By now many have learnt the moral of the above lesson

Meanwhile like we said earlier a repeat of 2008 global recession is staring at us.

By September it will be glaring and recede by march 2023.

APRIL 2023 will USHER a NEW DAWN

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

We made the above POST in July, the OBEDIENT ones that want their FUNDS to be USEFUL heed our advice and are now on top of the GAME.

Meanwhile those deceived by MOTIVATIONAL SPEAKERS are now preaching LONGTERM as if they don't know the meaning of OPPORTUNITY COST.

Well BARGAIN HUNTERS should jealousy guide their FUNDS via MONEY MARKET.
Treasury bill rates is now 12% heading to 20% and forget about those drowning in the ocean of STOCK MARKET.

By March 2023 countless mouth watering bargains will spring up in the MARKET.

BARGAIN HUNTERS TAKE NOTE!


*ThE OcToPuS*

Those listening to motivational speakers figuring ways to buy foodstuffs that will last them till 2029

PETERiCHY:


Federal GOVT is BROKE!

EXCESS CRUDE ACCOUNT depleted.

EXTERNAL DEBT risen astronomically!

USD is now N730 heading to N1000.

Nigeria ECONOMY towing the Venezuela WAY!

Meanwhile some are busy talking about cooked financial prints

PEOPLE PERISH DUE TO LACK OF KNOWLEDGE

MOTIVATIONAL SPEAKERS had lead alot to PERPETUAL PENURY.

Meanwhile Mr MARKET rightnow

PETERiCHY:


We OUGHT to comeback for XMAS RALLY but with the numerous CHALLENGES threatening the ECONOMY,
We WAIT till after Presidential ELECTION.

BARGAIN HUNTERS TAKE NOTE!

International carrier, Emirates Airlines, has announced decision to suspend all flights from Nigeria, effective from 1st September, 2022.

In an official statement issued Thursday, the airline stated that, “Emirates has tried every avenue to address our ongoing challenges in repatriating funds from Nigeria, and we have made considerable efforts to initiate dialogue with the relevant authorities for their urgent intervention to help find a viable solution.

“Regrettably there has been no progress. Therefore, Emirates has taken the difficult decision to suspend all flights to and from Nigeria, effective 1 September, 2022, to limit further losses and impact on our operational costs that continue to accumulate in the market.

“We sincerely regret the inconvenience caused to our customers, however, the circumstances are beyond our control at this stage. We will be working to help impacted customers make alternative travel arrangements wherever possible.

“Should there be any positive developments in the coming days regarding Emirates’ blocked funds in Nigeria, we will of course re-evaluate our decision.

https://thewillnigeria.com/news/emirates-suspends-all-flights-from-nigeria-effective-sept-1/

sincerelymine:
To come back when?
Or sell in may and go forever?

We OUGHT to comeback for XMAS RALLY but with the numerous CHALLENGES threatening the ECONOMY,
We WAIT till after Presidential ELECTION.

BARGAIN HUNTERS TAKE NOTE!

X21:
where is everybody?

They sold in MAY and GO away

PETERiCHY:
USD now #650 heading to #1000 while some are busy calculating dividend yield

PENNY WISE POUND FOOLISH

Federal GOVT is BROKE!

EXCESS CRUDE ACCOUNT depleted.

EXTERNAL DEBT risen astronomically!

USD is now N730 heading to N1000.

Nigeria ECONOMY towing the Venezuela WAY!

Meanwhile some are busy talking about cooked financial prints

PEOPLE PERISH DUE TO LACK OF KNOWLEDGE

The Minister of Labour and Employment, Dr. Chris Ngige, says Nigeria is currently broke.

The Minister mentioned this while speaking at the 2022 World Day Against Child Labour.

According to him, the Federal Government does not have money to prosecute capital projects next year, a development that might worsen unemployment and poverty.

“I can tell you that Nigeria is broke. There is no money to fund capital projects next year. As you can see, the dollar that has been hovering around N500 and N600 is now above N700. The truth is that there is no money anywhere. The money that the FAAC (Federation Account Allocation Committee) has been sharing is money from taxes, customs and other revenue-generating agencies..

https://guardian.ng/news/nigeria-broke-cant-fund-2023-capital-projects-ngige-cries-out/

PETERiCHY:
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.

By now many have learnt the moral of the above lesson

Meanwhile like we said earlier a repeat of 2008 global recession is staring at us.

By September it will be glaring and recede by march 2023.

APRIL 2023 will USHER a NEW DAWN

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

MARKET is now a mixture of VAWULENCE and BRIMSTONE.

USD now #650 heading to #1000 while some are busy calculating dividend yield

PENNY WISE POUND FOOLISH

Slimdove:

International brewery @ 4.95
Abi some people don veiw result somehow

Your question is full of stones and gravels

PETERiCHY:
A repeat of 2007/2008 vawulence is gradually playing out meanwhile some of us are patiently waiting for March 2023 before entering the field of play.

BARGAIN HUNTERS TAKE NOTE!

The Central Bank of Nigeria, on Tuesday, raised the interest rate to 14 per cent.

The new interest rate comes barely two months after the apex bank raised the interest rate to 13 per cent.

This was disclosed by the governor of the apex bank, Godwin Emefiele, after the committee’s meeting at the CBN headquarters in Abuja.

The governor of the apex bank said the hike in interest rate would help tame rising inflation.

https://punchng.com/cbn-raises-interest-rate-to-14/


These are some of the reasons couple with the upcoming PRESIDENTIAL ELECTION that will make NSE to RESET.


DON'T be left with the CAN.

BARGAIN HUNTERS TAKE NOTE!

A repeat of 2007/2008 vawulence is gradually playing out meanwhile some of us are patiently waiting for March 2023 before entering the field of play.

BARGAIN HUNTERS TAKE NOTE!

Stocks tumbled Thursday as big bank earnings kicked off with disappointing results and traders assessed the possibility of even tighter U.S. monetary policy on the back of June’s inflation data.

The Dow Jones Industrial Average shed 463 points, or 1.51%, while the S&P 500 dropped 1.38%. The Nasdaq Composite tumbled 1.15%.

https://www.cnbc.com/2022/07/13/stock-futures-slip-after-wednesdays-session-as-wall-street-awaits-bank-earnings.html

On a warm summer's evening
On a train bound for nowhere
I met up with the gambler
We were both too tired to sleep
So we took turns a-starin'
Out the window at the darkness
The boredom overtook us
And he began to speak

He said, "Son, I've made a life
Out of readin' people's faces
Knowin' what the cards were
By the way they held their eyes
So if you don't mind my sayin'
I can see you're out of aces
For a taste of your whiskey
I'll give you some advice"

So I handed him my bottle
And he drank down my last swallow
Then he bummed a cigarette
And asked me for a light
And the night got deathly quiet
And his face lost all expression
Said, "If you're gonna play the game, boy
You gotta learn to play it right

You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

Every gambler knows
That the secret to survivin'
Is knowin' what to throw away
And knowin' what to keep
'Cause every hand's a winner
And every hand's a loser
And the best that you can hope for
Is to die in your sleep"

And when he'd finished speakin'
He turned back toward the window
Crushed out his cigarette
Faded off to sleep
And somewhere in the darkness
The gambler he broke even
But in his final words
I found an ace that I could keep

You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

You've got to know when to hold 'em (when to hold 'em)
Know when to fold 'em (when to fold 'em)
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done

You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done



https://www.youtube.com/watch?v=7hx4gdlfamo

NSE now a place of vawulence

Despite serious supply problems in the market, oil prices crashed on Tuesday morning due to renewed recession fears and the prospect of demand destruction.

Whilst most of 2022 could only be characterized as a period of hardship for Europe’s embattled industries, things are about to get even worse as Russian pipeline supply falls and power prices across the continent soared.

https://oilprice.com/Energy/Energy-General/WTI-Drops-Below-100-For-The-First-Time-Since-April.html

There is FIRE on the MOUNTAIN
RUN! RUN!! RUN!!!

Wapgod:

What company are you referring to?

Its ADO-EKITI OIL that we purchased @#12.60 and disposed @#15

OBAGADAFFI:
Notification of Suspension of Nine (9) Listed Companies

Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which provides that: ?If an Issuer fails to file the relevant accounts by the expiration of the Cure Period ,

The Exchange will:
a) Send to the Issuer a Second Filing Deficiency Notification? within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer's securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension?,

Trading in the shares of the nine (9) companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX) effective today, Friday, 1 July 2022 having failed to file their Audited Financial Statements for the year ended 31 December 2021.

1. African Alliance Insurance Plc
2. Niger Insurance Plc
3. Royal Exchange Plc
4. Ekocorp Plc
5. C&I Leasing Plc
6. Mutual Benefits Assurance Plc
7. Coronation Insurance Plc
8. Premier Paints Plc
9. Ardova Plc

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above-mentioned companies will only be lifted upon the submission of the relevant accounts, provided NGX Regulation Limited (NGX RegCo) is satisfied that the accounts comply with all applicable rules of NGX.

Some of us just dodged a bullet
Good riddance to bad rubbish
Sell in MAY and go away
Una no gree
Now something fishy is going on

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.

The way NSEMPA Analyst and their cronies now check pricelist

PETERiCHY:


If you know what BEST for you
Simply CARRY your KAYA and stay on the SIDELINE till after ELECTION

We can only WITNESS a DEAD CAT bounce from now till Q1 2023

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Elon Musk, Nouriel Roubini and Goldman Sachs Group Inc. have warned of a growing likelihood that the US economy will fall into recession.

Their outlooks will stoke fears of a hard landing for the world’s biggest economy as the Federal Reserve jacks up interest rates to counter the fastest pace of inflation in decades.

https://www.bloomberg.com/news/articles/2022-06-21/elon-musk-says-us-recession-more-likely-than-not-in-near-term?utm_medium=social&utm_campaign=socialflow-organic&utm_source=facebook&cmpid=socialflow-facebook-tv&utm_content=tv

https://oilprice.com/Energy/Energy-General/Oil-Bears-Burst-Back-Onto-The-Scene.html


Oil prices plunged on Friday morning as fears of a recession outweighed growing geopolitical threats to supply.

Mpeace:
Market is still reacting to the US Fed Rates hike. By monday we should see our market back on track. But on a very serious note, we need to reduce the influence of foreign investors on our markets. It exposes our market to negative effects of foreign actors. If US raises rates, our market reacts negatively, if the reduce rates our market remains where it was rather than react positively.

If you know what BEST for you
Simply CARRY your KAYA and stay on the SIDELINE till after ELECTION

We can only WITNESS a DEAD CAT bounce from now till Q1 2023

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Motivational speakers and their followers rightnow.

PETERiCHY:
Also remember that "SELL n MAY and GO AWAY is a STRATEGY"

BARGAIN HUNTERS TAKE NOTE!

So no more commentary

Meanwhile those that sold in MAY and go AWAY rightnow