₦airaland Forum

phemmie06:
DIEmond , Dáar communications , CHAMS OR CHARMS, KUNU insurance
N.B The above listed stock are not for the consumption of the general public but strictly for one of ọ̀gá @PharmAlfred.

Charms? Nsempa police says people should not be using charms to buy stocks again?
Anyway, me no support that your list because of that Kunu you take join, e don spoil the sequence na. I don help you replace that Kunu with Capoil or Alex.

Cutix.... Hmmmmm
Cutix is now on auto-adjustment of price
A good company with moderate liabilities
Bonanza loading at km1. 05 , initial destination 0.85k by 25th Dec, final destination 0.50k by February 2019.

Godlylifeoneart:
Cutix.... Hmmmmm
Cutix is now on auto-adjustment of price. A good company with moderate liabilities
Bonanza loading at km1. 05 , initial destination 0.85k by 25th Dec, final destination 0.50k by February 2019.

Hhmmmmm, from N4+ to 1.66. These people be using sense since 1801.
I wish to know how it benefitted small investors.
So las las 50k na its car park self, as in anticipated bonanza price

The two companies that can suprise us at the return of Mr. Bull , provided they are able to source external financing to fund their operations.
Champion breweries... High assets to debts ratio
Cutix.. Moderate assets to debts ratio.
Investors should watch out for this two companies..

Not a buying recommendation

Mcy56:
Hhmmmmm, from N4+ to 1.66. These people be using sense since 1801.
I wish to know how it benefitted small investors.
So las las 50k na its car park self

Like I mentioned in my previous opinion about this company,when people thought they have gotten a good buy, I was skeptical about the company's decision to reduce price by 50% without using the prevalent market force to effect the reduction.
There is no way it will ever benefit minority shareholders. Remember, this company has about 1.76 billion shares and the average monthly volume was less than 5 million, When the insiders dumping started the company slashed the price by almost 50%...This is not a common occurrence except the company knew what we do not know.
The Insider dumping will continue until the price fluctuates at +/- 0.22 to +- 0.70 kobo and finally bottom at 0.50.
This is my view

Money tips from history's richest man
PERSONAL FINANCE / 20 NOVEMBER 2018, 5:00PM / LAUREN YOUNG

Warren Buffett and Bill Gates have nothing on Jacob Fugger, a German financier during the Renaissance who monopolised the silver business. File image: IOL.
Warren Buffett and Bill Gates have nothing on Jacob Fugger, a German financier during the Renaissance who monopolised the silver business, became the banker of kings, convinced the papacy to legalise moneylending and paved the way for today’s bond market.

At the height of his career in the 16th century, Fugger (rhymes with “cougar”) accumulated a fortune amounting to a significant portion of Europe’s economic activity. And, yet, few people have ever heard of him.


A new book about Fugger, "The Richest Man Who Ever Lived," includes the money lessons for investors. Below is an edited interview with the book's author, Greg Steinmetz, who is a securities analyst and former journalist in New York.'




Q. What impact did Fugger make on the long-term world of money?

A. Before Fugger came along, Christians could not legally charge interest on loans. That’s why the Jews were the moneylenders. It’s in the Book of Luke that one should loan without expecting anything in return. The church enforced that.

Christian lenders such as the Medicis got around this by calling interest a penalty or handling fee. It made lending cumbersome.

Fugger said enough of that. He orchestrated a lobbying campaign with the Vatican. The pope came around and said if you are a lender taking risks, it is fair to charge interest.

Q. What money lessons can we learn from Fugger?

A. Fugger had nerves of steel. Although he had great instincts, those instincts were always backed by superior information. He was one of the first businessmen north of the Alps to use modern accounting – he always had a firm grasp of the numbers. He could see the big picture better than any of his competitors. Investors today don’t look at the numbers, let alone the footnotes of a 10-K, an annual report of a company’s revenue and profits..

In addition, Fugger did not bail out at the first sign of trouble. The most common mistake that investors make is to sell low and buy high.

Finally, he could always add value for his customers. He made himself indispensable. That kept him in the game.

Q. What was his biggest money mistake?

A. There are a few failures. Some shipping deals didn’t work out. The King of Spain raised money from investors to send a fleet to India. Fugger invested in the venture, and the ships never came back. He got the big things right, though.

The interesting thing about him is he just went from success to success. A rival of his had a bank - he was in mining like Fugger was - but he made a disastrous attempt to corner the mercury market and ended up dying in debtors’ prison.

Q. Would Fugger have been a good hedge fund manager?

A. Some people just have a gift for making money. He had the gift. The first large investment he made was not only with his money and family’s money, but also with money from friends. How he convinced them that an unproven entity could make a massive bet on Austrian silver is beyond me.

He must have had a tremendous ability to instill confidence in people. Unfortunately, he didn’t leave a diary. The evidence I relied on is fragmentary, including his accounting statements and letters to customers and creditors.

Q. Did he actually enjoy his money?

A. Fugger had the biggest house in Augsburg, Germany, wore furs and got driven around in coach with 12 horses. It was important to make show of wealth to demonstrate to customers and lenders that he had a lot of money.

There was a perception game in those days that symbols mattered more than they do today. You couldn’t look at a proxy and see he owned 100 percent of a company. The outward trappings of wealth mattered a great deal.

Q. What was Fugger’s life like?

A. He worked all the time, but for him, like Buffett, work was fun. Buffett says he tap dances to work every day because he loves it. I don’t know for sure, but Fugger was made of the same stuff. He worked until his dying breath in 1525 at the age of 66.

REUTERS


Free download is not available yet will upload it once the request is granted by pdfdrive.com

Finally, here comes the global crash

Agbalowomeri:
Finally, here comes the global crash

There will be no global crash until the DOW reaches 50,000
Mark my quote

Oil lost 5%. This is very serious.

Mpeace:
Oil lost 5%. This is very serious.

To close at what price? Bonanza period gradually approaching.

Mcy56:
To close at what price? Bonanza period gradually approaching.

lol. No pray for that kind of bonanza oh. It will wipe everything including that money in the bank. This one might take us to 2022 before we see recovery. Better don't pray for it.

Godlylifeoneart:
Like I mentioned in my previous opinion about this company,when people thought they have gotten a good buy, I was skeptical about the company's decision to reduce price by 50% without using the prevalent market force to effect the reduction.
There is no way it will ever benefit minority shareholders.
The Insider dumping will continue until the price fluctuates at +/- 0.22 to +- 0.70

Similar to what GSK did. I was just wondering with my little understanding how it was a good buy when it was been hyped then, coupled with its illiquidity.
Anyway what do I know self.

Agbalowomeri:
Finally, here comes the global crash

Once oil drops below $55, na to start stocking dollars.

Mpeace:
lol. No pray for that kind of bonanza oh. It will wipe everything including that money in the bank.

World will not end cos of that. It traded around the 40 region before. I just pray it wouldnt get to that again cos it wouldnt be funny at all, especially with that being the main source of revenue for the country.

mendes911:
Once oil drops below $55, na to start stocking dollars.

But US economy is also bleeding.
Well? From the look of things, it will get there before the month ends, ie if the fall continues. Its now 7% down

Ekuu holiday

Chai!!! Oyel Don finish

Observing quietly

Mpeace:
lol. No pray for that kind of bonanza oh. It will wipe everything including that money in the bank. This one might take us to 2022 before we see recovery. Better don't pray for it.

Lol. As an investor this is what you should be praying for.

mendes911:
Once oil drops below $55, na to start stocking dollars.

Oil (WTI) PRICE COMMODITY
53.43
USD -3.74
(-6.54%)
02:41:14 PM
EST

aremso:
Oil (WTI) PRICE COMMODITY
53.43
USD -3.74
(-6.54%)
02:41:14 PM
EST

US dollar falling as well. Not good at all.

Mpeace:
US dollar falling as well. Not good at all.

Hahahahahaha. Could this be the beginning?

Mpeace:
US dollar falling as well. Not good at all.

Where you see am!

USD is gaining strength like something else.

sellydion:
Where you see am!

USD is gaining strength like something else.

Na Oando fever

aremso:
Oil (WTI) PRICE COMMODITY
53.43
USD -3.74
(-6.54%)
02:41:14 PM
EST

Is WTI our (Nigeria) product?

mendes911:
Is WTI our (Nigeria) product?

No, brent

Mcy56:
Give it up for the Js !!! Japaul, Jaiz and JB

*Na joke o*

I dey inside Jaiz and JB... I never get lever to walk with Jegede again

Agbalowomeri:
No, brent

I know naww. Na why I dey ask Oga Aremso..... WTI was already below $55 when I made my post.

phemmie06:
DIEmond , Dáar communications , CHAMS OR CHARMS, KUNU insurance
N.B The above listed stock are not for the consumption of the general public but strictly for one of ọ̀gá @PharmAlfred.

This is wickedness O. I am looking for money, I didn't say I want to dig my grave with my own hands.
Meanwhile, stock business must pay us. I don't care about the noise in the neighbourhood.

https://www.nairaland.com/4856550/why-should-not-invest-nigeria

Not a good recommendation for our government

https://investadvocate.com.ng/2018/11/21/38-47-stocks-listed-2008-2018-trade-listing-prices/

38 Out of 47 Stocks Listed Between 2008 and 2018 Trade Below Their Listing Prices

kolaish:
https://www.nairaland.com/4856550/why-should-not-invest-nigeria

Not a good recommendation for our government

That oyibo woman na Thief