₦airaland Forum

Agbalowomeri:
I hope you have seen the explosion in job vacancies in the manufacturing and construction industries? And it's just starting.

Please post references or links supporting your claim of a job explosion.

On another note, why are you mostly pessimistic about the NGX if you believe the economy is exploding? Isn't that contradictory?

ositadima1:
Please post references or links supporting your claim of a job explosion.

On another note, why are you mostly pessimistic about the NGX if you believe the economy is exploding? Isn't that contradictory?

You don't believe stock valuations can outrun a good economy? And again, am I mostly pessimistic about NGX? Is there a difference between being pessimistic and being cautious?

yMcy56:
Too bad Sir 😞
With Nsempa turning into politics/football commentary thread and fast losing its purpose, another sane forum on stocks discussions such as Ngxforum would have been a better alternative, and this will be discovered over time by most people.

Your perspective is well understood but you shouldn't have quit so easily like that.......

Anyway, you've tried.
You're a winner, and a winner you'll always be. 🏆
I wish you well Sir 🎊 🎉

Let someone else who can devote more time created the alternative. I will happily support them.

Thanks for the kind words

chimex38:
Omo.
Tiki-taka till take over.

Even Mbappe no get shot on target for first half.

That'd what Deschamp was supposed to find a way around...Spain don't concede goals.. easily.. it's should be a do or die affair for France.. Playing normal football with Spain us a no no cos u can't win them that way.

Our beautiful stock thread has been turned to something else.

What a pity.

May history not repeat itself. May Stockmarketnigeria.com not happen here

ositadima1:
Please post references or links supporting your claim of a job explosion.

On another note, why are you mostly pessimistic about the NGX if you believe the economy is exploding? Isn't that contradictory?

Shot hit on target..lol
Bad guy

gwinedev:
NSEMPA, this may again get lost in the sea of complaints recently aired on this issue, but I must speak on the incessant derailing of this thread—especially by our senior members. While political discussions might be helpful to some, I can speak for myself when I say they are highly distracting. I take time to scroll through this thread looking for genuine insights and knowledge on the NGX, but instead, we are greeted with a lot of topics that simply do not belong here.

I highly respect and look up to the knowledge shared in this community. There are people here whom I don't know personally, but from whom I learn so much. While it is completely normal for a thread to occasionally drift off-topic, this persistent lack of focus needs to be corrected.

I humbly ask that we all consider this. Newbies like myself really want to see this great group maintain its focus.

U have to understand with us.Our lives is not only tied to stock market as we participate on this thread. And don't forget thr are also members of this thread who don't participate completely on other thread. Personally I do only this thread and politics thread. If I be football person I for still dey talk about it sometimes here.
And lastly is thr even anything happening on ngx that really needs to be talked about daily for now.So na whr the action dey presently we get em time

Agbalowomeri:
You don't believe stock valuations can outrun a good economy? And again, am I mostly pessimistic about NGX? Is there a difference between being pessimistic and being cautious?

About 90% of your posts are bearish. None of them has been a cautionary note. Go back and check all your posts from early 2023 to today.

So, has the NGX been outperforming the economy since 2023?

I think the only positive posts you made during that period were about a few insurance stocks, and that was after you had been called out many, many times for your failed bearish calls.

Abi na joke? Because I can hardly tell when you're being serious or joking.

Anyway, you're free to say whatever you want. It's your right.

ositadima1:
About 90% of your posts are bearish. None of them has been a cautionary note. Go back and check all your posts from early 2023 to today.

So, has the NGX been outperforming the economy since 2023?

I think the only positive posts you made during that period were about a few insurance stocks, and that was after you had been called out many, many times for your bearish calls.

Abi na joke? Because I can hardly tell when you're being serious or joking.

Anyway, you're free to say whatever you want. It's your right.

And ngx is suppose to be part of the macro economy. And still you have never believed in it since 2023.
That means you believe the economy is failing or not being managed well for you to be this high level scared

Ding!

@Mankind2024 was trying to quote your post, but it was taken down, probably by the Nairaland bot.

My question is: why resort to name-calling and insults if you're sure of what you're saying? Why not simply make your point clearly and back it up with facts?

If you fill your argument with insults and degrading remarks, how are you any better than the people you're arguing against?

I think you still need to grow as a person. Maybe another 10 years will help you reach maturity.

OlugbonAresa:
A real juvi argument is an understatement...!
That lad must be one of those whose pastors still ask them to pray for Isarhell every sun day

I think it is better, and I will follow someone that tells me to pray for a nation (any nation at all, Nigeria, Israel, Iran etc) rather than follow someone that tells me to hate, curse, attack, kill, destroy and exterminate a nation (or a people) from the surface of the earth.

FIRSTHOLDCO on full bid🚀

Raider76:
FIRSTHOLDCO on full bid🚀

Seems they're crossing those volumes in 79.35 to themselves....

Why is firsthand on solo bull??

Likely. We now have company owners who know the importance of stock price.

yMcy56:
Seems they're crossing those volumes in 79.35 to themselves....

Krisuba:
Why is firsthand on solo bull??

Otedollar magic!

Is it me or someone is playing with VFD group?

10:00_. _10;00
_. _
_10:70

megawealth01:
Na PETERICHY dey share OANDO hunting

something is going on in oando it may be positive or negative but one need to understand why a company with heavy backing is dragging its feet. Next year is election and this government have four years to go.....m

Bizibi:
something is going on in oando it may be positive or negative but one need to understand why a company with heavy backing is dragging its feet. Next year is election and this government have four years to go.....m

You are speaking in parables oo.
Abeg say something!

Krisuba:
Why is firsthand on solo bull??

he knows how to market his product, when he spoke to journalist about his investment in the dangote refinery and addressing the fbn directors I knew the stock will do very well.

mikeapollo:
You are speaking in parables oo.
Abeg say something!

nor be parable I just dey wonder about that company. Anytime I look at oando it reminded me of when some of us were caught off guard in 2015 during gej,we thought we will come back but gej lost and the aftermath was not good at all.

You know when a new government comes in especially an opposition any attachments to the old guard will be targeted and I remember when some construction companies were targeted for supporting pdp and they used that narrative to starve them of jobs.

Krisuba:
Why is firsthand on solo bull??

Lol, that is why you need to follow the money. I checked StockBubbles, and it now shows both intraday and daily traded volume and value. If you had been monitoring the traded value, you would have seen that last Thursday it recorded over ₦80 billion in traded value. Then yesterday, it recorded another ₦20 billion. That is over ₦100 billion in traded value within two weeks.

Either people are selling off, or they are accumulating. It looks more like accumulation because all these trades have been executed at higher prices. FIRSTHOLDCO has closed below ₦57 in the last two to three weeks.

jonnysessy:
Thank you for your observation. I thought am the only one observing this trend. When issues are raised and discussed, trash it objectively and possibly let your stand be known. When some other issues come you do the same. You don't take matters personally because it doesn't favour you and you can not always have the support of everyone in all matters. No man knows it all. If you always petty with argument when you are losing out, it shows immaturity. It is really funny how a human being changes like weather. Today you maybe on the same side of a debate with someone and tomorrow you maybe in opposing sides for another topic. You don't throw tantrums and rubbish all you had earlier stood for and argued about just because the fellow do not see things the way you see them in the present topic being discussed. Life goes on.

Let me help you out here bro.
That I supported a claim then on the bases that it was achievable based on return on some stocks on ngy.I still went further to mention some particular stocks then.I never said I supported the maths in that particular portfolio to have achieved the said claim
I only gave him benefits of doubt based on growths we all have witnessed on some stocks here.I came to realise that the guy is also a lamba writer garnished in lies so I withdrew my earlier reservations about his claims support
.Did he show you how the maths pened out when asked. Like this is what I had and later sold and moved to this which later grew to this.The frsh funds injected at different times or nothing was ever injected.
If you no like a handle be bold to always say it straight don't be looking for opportunities from others post to say your mind.I get monikers here a hate like my shit and don't pretend about it.
I wanted to ignore but said let me set the records straight
So I don't speak from two sides of my mouth. I be street and always straight

ositadima1:
It is quite simple to understand. Based on these numbers, the average Argentinian enjoys a better standard of living than the average Nigerian or Chinese. That is what this long epistle is saying.

A family of four earning ₦500,000 per month has a higher standard of living than a family of fifteen earning ₦1 million per month. Nigeria's GDP is sometimes higher than that of some European countries, including Norway, but its GDP per capita is much lower by comparison.

So, it is not just about how much a country earns, but how much of that income each person effectively enjoys.

You are RIGHT.
That is what the figures say.

But that does NOT invalidate my previous post.

The previous post says the figures say that largely because of the difference in POPULATION sizes.

When Total GDP is converted to Total GDP PPP, Nigeria comes out at about $1 TRILLION higher than Argentina.

But that difference VANISHES immediately you compute GDP PPP per capita.
Why?
POPULATION.

The calculation is TOP-DOWN not BOTTOM-UP.

For instance, the figures say the Average SoL is higher in Argentina than in Nigeria.
But NOBODY is actually looking at each individual's SoL.
They look at the total figures and extrapolate.

And population plays a KEY role in that extrapolation.

That is all.

In fact, the difference in Total GDP and Total GDP PPP means that things are CHEAPER in Nigeria than in Argentina.
And the Cost of Living in Argentina is HIGHER than in Nigeria.

But the VAST difference in population ERODES that.

In fact the difference in population is so INSANE that when you remove the number of people living in poverty in both countries, there is still a CHANCE that there are MORE people in Nigeria who enjoy a healthy SoL than people who enjoy a similar SoL in Argentina.

But the figures still say what you say they say.
And my previous post still remains VALID.

Bizibi:
he knows how to market his product, when he spoke to journalist about his investment in the dangote refinery and addressing the fbn directors I knew the stock will do very well.

Otedola na ''cowboy''. That is what he does when he enters a stock.
He will still do same to Dangote refinery after listing because he will surely want to buy more units to increase his stake

mikeapollo:
Otedola na ''cowboy''. That is what he does when he enters a stock.
He will still do same to Dangote refinery after listing because he will surely want to buy more units to increase his stake

the man knows how to market something..... when I watched the press conference I told myself this man know what he is doing.

It’s Time To Turn Reforms Into Results – Oyedele

For those who think ''reforms'' are the end and must be praised to high heavens, here is what the Minister is saying:
''A fiscal reform that looks flawless on paper but fails to improve conditions for Nigerian businesses is not reform; it is disguised bureaucracy....''


https://www.nairaland.com/8709648/time-turn-reforms-into-results

WHAT WILL THE MARKET DO TODAY!!!
Big money still deciding on what to do with this market. However probability is telling us they are likely to keep buying, probably at a low tempo.

Big money want to buy at low prices!!! We wait abd see

Namaster:
You are RIGHT.
That is what the figures say.

But that does NOT invalidate my previous post.

The previous post says the figures say that largely because of the difference in POPULATION sizes.

When Total GDP is converted to Total GDP PPP, Nigeria comes out at about $1 TRILLION higher than Argentina.

But that difference VANISHES immediately you compute GDP PPP per capita.
Why?
POPULATION.

The calculation is TOP-DOWN not BOTTOM-UP.

For instance, the figures say the Average SoL is higher in Argentina than in Nigeria.
But NOBODY is actually looking at each individual's SoL.
They look at the total figures and extrapolate.

And population plays a KEY role in that extrapolation.

That is all.

In fact, the difference in Total GDP and Total GDP PPP means that things are CHEAPER in Nigeria than in Argentina.
And the Cost of Living in Argentina is HIGHER than in Nigeria.

But the VAST difference in population ERODES that.

In fact the difference in population is so INSANE that when you remove the number of people living in poverty in both countries, there is still a CHANCE that there are MORE people in Nigeria who enjoy a healthy SoL than people who enjoy a similar SoL in Argentina.

But the figures still say what you say they say.
And my previous post still remains VALID.

Let me address your points one by one:

1. GDP per capita = GDP ÷ Population

As I pointed out, and as your own write-up acknowledges, population is a major factor. But that is exactly what GDP per capita is designed to measure. It is simple: five people sharing ₦500 are better off than twenty people sharing the same ₦500. That is the whole point of measuring per capita.

2. "Nobody looks at each individual's standard of living; they extrapolate from totals."

Nobody said that every Argentine is richer than every Nigerian. The point is that, on average, an Argentine is richer than a Nigerian. That is what GDP per capita measures.

3. "There is a chance that there are more people in Nigeria enjoying a healthy standard of living than people enjoying a similar standard of living in Argentina."

Based purely on population, that is possible since Nigeria has about 220 million people while Argentina has about 46 million. For example, 5% of 220 million is more than 20% of 46 million. However, you still need to prove that 5% of Nigerians actually live above that standard. So, this point says nothing about the average Nigerian, which is what GDP per capita is intended to measure.

4. "Things are cheaper in Nigeria than Argentina."

That is one of the reasons economists use GDP per capita (PPP) rather than nominal GDP per capita. PPP adjusts for differences in local prices. Even after that adjustment, Argentina has historically had a substantially higher GDP per capita than Nigeria.

Also, note that both countries depend heavily on imports. Imported goods are generally priced according to international markets, so people with higher incomes or higher GDP per capita can afford better imported products. It is simple logic.

I hope I have clarified my position.