₦airaland Forum

mikeapollo:
Thanks a lot.
It is advisable we have a fair idea of the track record and antecedents of people on this platform, before we start ascribing some tendencies to their name/words/actions.

even tantalizer at 1naira, he called it

STNWAUME:
Why not say you were trapped in UNITYBK

Which stock is good to buy now?

Any recommendation?

Access bank over 111 million shares exchanged hands today. Whao!

pluto09:
I don't think there is anyone in Africa that said subsidy is bad.
The problem most times is the application and affordability.
Subsidy should go directly to people that need it most and the country should also be able to afford it. It is economic suicide to be borrowing money to pay subsidy.

This is one of the lies that they have used to deceive the people.
There is no where in the world where subsidy goes entirely directly to the people that need it most.
When subsidy is given, the benefit is usually for the general populace. When Agric, transportation services are subsidized in the US or Europe, everybody enjoys the passthrough effect, both the rich and poor. Rich men use the same transport system and consume the same farm produce that the poor consume. The focus is that the poor who are in the majority should benefit more, even if some rich people also benefit. Free or subsidized education is another example.

Our govt has successfully deceived the people by making many to believe that subsidy is not going directly to the people that need it, hence it must be abolished. For instance, were the ordinary citizens buying fuel at cheaper rates not enjoying it? Which poor man is better buying fuel at N1,000 instead of N200?

https://open.spotify.com/episode/0JPRqHuUzAk4F1bD0lWeIj

Midday trading update on the NGX

yMcy56:
AMEN.
Afriprud 15.50
UCAP 19.40
Officially and as at now..,

@yMcy56 please what's the price of Access bank at the moment and officially today bcous I don't understand what Morgan is showing.

ogoo4real:
@yMcy56 please what's the price of Access bank at the moment and officially today bcous I don't understand what Morgan is showing.

As at 1.12pm, ACCESS is 24.05!

You can click on "Trades" from the drop down menu and select Access to view...
You can keep refreshing this to know the current prices....

* To keep refreshing, just click the green button

PETERiCHY:
HISTORY IS ABOUT TO REPEAT ITSELF
WHAT HAPPENED IN JANUARY 2018 is about to repeat in JANUARY 2026.

IF YOU KNOW YOU KNOW

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* 🐙🦑

Soft Reminder 🎗️

BARGAIN HUNTERS TAKE NOTE!

https://www.youtube.com/watch?v=YNmL9iFlpoI

Midday trading update on the NGX

My first call for this yr Tantalizer @#2.30 has delivered 100% percent...anyone concerned is now on your own
I am waiting for oando to do same
When is the next billion list going to happen
E get why

make i update una on the aquizition of empty hen wey dey gain magzimyum traction as una dey read..
na top segret i don reveal to you for d last time..after dis one you no go hear from me again on dis take over until u read am for the newspaper...

as the 3-4 nation companies dey hustle over the kompany na main ting dey remain b who gon contribute magzimum to the re enection funds for the next year ....as soon as dat is resolved bammmm yoyu gon hear am....buh from the inside inside source...d French connection is very strong wid the levanese beside dem

mikeapollo:
This is one of the lies that they have used to deceive the people.
There is no where in the world where subsidy goes entirely directly to the people that need it most.
When subsidy is given, the benefit is usually for the general populace. When Agric, transportation services are subsidized in the US or Europe, everybody enjoys the passthrough effect, both the rich and poor. Rich men use the same transport system and consume the same farm produce that the poor consume. The focus is that the poor who are in the majority should benefit more, even if some rich people also benefit. Free or subsidized education is another example.

Our govt has successfully deceived the people by making many to believe that subsidy is not going directly to the people that need it, hence it must be abolished. For instance, were the ordinary citizens buying fuel at cheaper rates not enjoying it? Which poor man is better buying fuel at N1,000 instead of N200?

Education is still being subsidized in our country.

PETERiCHY:
;OUR TOP 5 PICK FOR 2025

1) CADBURY

2) NASCON

3) ACCESSCORP

4) JAPAULGOLD..... Invest only speculative fund

5) DANGOTE SUGAR


BARGAIN HUNTERS TAKE NOTE!

2 major LAGGERS STOCKS in the current NGX bull run are

ACCESSCORP & JAPAULGOLD

If you miss the ball, Don't miss the leg.


BARGAIN HUNTERS TAKE NOTE!

sboga:
make i update una on the aquizition of empty hen wey dey gain magzimyum traction as una dey read..
na top segret i don reveal to you for d last time..after dis one you no go hear from me again on dis take over until u read am for the newspaper...

as the 3-4 nation companies dey hustle over the kompany na main ting dey remain b who gon contribute magzimum to the re enection funds for the next year ....as soon as dat is resolved bammmm yoyu gon hear am....buh from the inside inside source...d French connection is very strong wid the levanese beside dem

Thanks for the info.
Let's be hearing from you from time to time again.
Shebi it's MTNN shey? 😁


* Meanwhile, VFD is sighted @14.20...+10% 😊
Full bid...
We still expect this to hit 19/20.....1st leg
* CHAMS offloader @4.50 is still in market, after e don finish, CHAMS should move 😊

pluto09:
Education is still being subsidized in our country.

I agree. I only used it as an example to make the point that subsidy does not have to go entirely directly to the people that need it most. It is a fallacy, a lie that has been sold to the people and unfortunately, many have believed and accepted it as ''truth''

From all of your comments on this topic, I’ll say you have a lot to learn on macroeconomics— no hard feelings. The higher your foreign reserves, the better your credit rating, which means lower interest for international borrowings from World Bank, China, etc. Also, higher foreign reserves helps a country to stabilize their economy in case of shock and capital flight—the government can stabilize the country’s local currency by buying selling some of the dollar reserves—this controls inflation and exchange rates. Cumulatively, the citizens benefit from all of these situations because they can import cheaply, or at least affordably.

SonofElElyonRet:
Not disputing that. Business and profit seeking must not be at the expense of citizens' welfare.. best for government to create enabling environment for private businesses to thrive

The reserve is more or less cash collateral for foreign credit and transactions (balance of trade), so while the reserve money is working, you can still access funds cheaper for developmental and social projects.

LEARNAFRCA

mikeapollo:
I agree. I only used it as an example to make the point that subsidy does not have to go entirely directly to the people that need it most. It is a fallacy, a lie that has been sold to the people and unfortunately, many have believed and accepted it as ''truth''

It is not a lie and it is not a fallacy.
I didn't respond to that because I believe you have already made up your mind on what you believe.

pluto09:
It is not a lie and it is not a fallacy.
I didn't respond to that because I believe you have already made up your mind on what you believe.

You can educate me. You may have superior facts which may change my mind/opinion.
Since you are now defending the govts. (I am not referring to the current BAT/APC govt alone; they started telling those lies from OBJ/PDP era)

FOMO

presiade:
From all of your comments on this topic, I’ll say you have a lot to learn on macroeconomics— no hard feelings. The higher your foreign reserves, the better your credit rating, which means lower interest for international borrowings from World Bank, China, etc. Also, higher foreign reserves helps a country to stabilize their economy in case of shock and capital flight—the government can stabilize the country’s local currency by buying selling some of the dollar reserves—this controls inflation and exchange rates. Cumulatively, the citizens benefit from all of these situations because they can import cheaply, or at least affordably.

The reserve is more or less cash collateral for foreign credit and transactions (balance of trade), so while the reserve money is working, you can still access funds cheaper for developmental and social projects.

Think you should read my comments from first to last to understand my perspective Mr capitalist

faoogoke:
Access Bank currently N24.7

Wake me up when it is 47

Agbalowomeri:
It is the season we are in
Make una sha remember to book profit whether number or no number

Some people need to hold the bag na.

empty hen

yMcy56:
Thanks for the info.
Let's be hearing from you from time to time again.
Shebi it's MTNN shey? 😁


* Meanwhile, VFD is sighted @14.20...+10% 😊
Full bid...
We still expect this to hit 19/20.....1st leg
* CHAMS offloader @4.50 is still in market, after e don finish, CHAMS should move 😊

Mpeace:
Na to look for another bank to buy. No dulling, No time to check time.
The Acquisition must continue, to ...ell with share holders.

Lol... It must continue Ooo 2027. .

I just have a weird feeling that AccessBank partly influenced CBN to start this recapitalisation exercise.
The way they were the first to complete the exercise very much early in the game and immediately started deploying the fund by resuming acquiring ashoebiss

Exactly!

nosa2:
Some people need to hold the bag na.

KarlTom:
The vision is for an appointed time (2022-2027)

this one deal don collapse.
Capitalization money don finish.
Make CBN start capitalization round biko
We must acquire

Caverton has not been living up to expectation

One line of my biggest stock market investor, Warren Buffett is important at this period -

Be cautious when optimism is wild and be greedy when everyone is fearful.

SonofElElyonRet:
Priority of government is welfare and security of citizens please! Do you know that western and Arab countries give subsidy on certain items/services? Welfare first

Foreign reserve for welfare is a no-no.

It's like selling your house or emptying your bank account to feed your household for the next few days or month.
What happens before then, what of shelter, rainfall
thats too fragile for any economy.

when you can borrow against part of your house while still investing your savings, still provide shelter for the household.
Even if you were to eventually crash from the borrowings, you will crash much more faster spending and selling your last resort for welfare and consumption than borrowing heavily for both consumption and a fortune turn-around.



That said, I don't even support the excessive borrowings of the Government.
Aside the legacy and gigantic infrastructure projects,
Budgit isn't even helping matters by quantifying the number of failed and uncompleted projects from last 2yrs.