₦airaland Forum

yom2:
if that happens then march on the streeets is very likely

There are no measures in place to reduce hunger on suffering 9ja masses. This is a possibility.

locodemy:
Already extended.
Covid-19 and oil bruhaha is also peaked.
More green despite lockdown extended.

You were doubtful before. Now you are a believer.

Valueinvestor:
As value investors we love/embrace one or 2 bad quarters.That's just one of the ways bargains come directly to your feet

Contrarian approach.

If you see the rate at which they are buying Schweppes Tonic all around the world eh.... You go fear. Because they read it has Quinine. So instead of swallow chloroquine, they drink Schweppes Tonic.

Now I can't make my gin-tonic because there is no tonic. I'm just stuck with my gin.

Soon dem go start with Orijin, Stout because e bitter like quinine

In all these covid 19 issues, all I just focus on is which company is making the money and you buy their stocks low. Expect extraordinary sales from food processors.

People who go to shelves to buy food don't look at brand names anymore. They grab what they see.

RabbiDoracle:
Contrarian approach.

If you see the rate at which they are buying Schweppes Tonic all around the world eh.... You go fear. Because they read it has Quinine. So instead of swallow chloroquine, they drink Schweppes Tonic.

Now I can't make my gin-tonic because there is no tonic. I'm just stuck with my gin.

Soon dem go start with Orijin, Stout because e bitter like quinine

In all these covid 19 issues, all I just focus on is which company is making the money and you buy their stocks low. Expect extraordinary sales from food processors.

People who go to shelves to buy food don't look at brand names anymore. They grab what they see.

I can't agree less,you've got a full grasp on global economies and your knowledge on general global outlook is unparalleled.

As for food na anything we see we dey chop o , but for stocks there are many shoes on the shelve, but we only wear the one that fits

In this business, sense is required.
Know that no expert knows it all. Everyone is gambling at different levels. A lot of self appointed experts however use jargons to make themselves appear knowledgeable.
Only you can work your salvation in this business.

RabbiDoracle:
Just 1 week of closure in 9ja and you are saying all these will happen .

This is my 4th week on lockdown. Yet market dey trade well here.

Definitely an extended lockdown will affect business in Nigeria. But I don't think 9ja will lockdown for 4 weeks. A longer period of lockdown will lead to serious hunger and breakdown on societal security.

If we are lucky for a successful containment after 4 week lockdown ,we should be thankful....

RabbiDoracle:
Contrarian approach.

If you see the rate at which they are buying Schweppes Tonic all around the world eh.... You go fear. Because they read it has Quinine. So instead of swallow chloroquine, they drink Schweppes Tonic.

Now I can't make my gin-tonic because there is no tonic. I'm just stuck with my gin.

Soon dem go start with Orijin, Stout because e bitter like quinine

In all these covid 19 issues, all I just focus on is which company is making the money and you buy their stocks low. Expect extraordinary sales from food processors.

People who go to shelves to buy food don't look at brand names anymore. They grab what they see.

Can we add pharmaceuticals to the list?

OBAGADAFFI:
Can we add pharmaceuticals to the list?

In Nigeria, No.

What we need is food and not drugs.

pluto09:
If we are lucky for a successful containment after 4 week lockdown ,we should be thankful....

300+ cases pere.

OBAGADAFFI:
Can we add pharmaceuticals to the list?

Food, drinks, banks, FMCG, Telecos.

People will drown themselves in beer highness to reduce coro panic.

You must eat and stock up anything. So more sales for the food companies. Same with FMCG that a member mentioned here. You must keep lots of toothpaste, soap, cleaning substances. While others are not making it, these companies will make it.

And above all, you need to be swiping in stores to buy things. So you must spend the one you have in thd bank. Banks are still in business in this time.

RabbiDoracle:
Food, drinks, banks, FMCG, Telecos.

People will drown themselves in beer highness to reduce coro panic.

You must eat and stock up anything. So more sales for the food companies. Same with FMCG that a member mentioned here. You must keep lots of toothpaste, soap, cleaning substances. While others are not making it, these companies will make it.

And above all, you need to be swiping in stores to buy things. So you must spend the one you have in thd bank. Banks are still in business in this time.

For loans in the banks, the banks will only restructure the loans to their customers in they can prove that their businesses were affected by covid 19.

RabbiDoracle:
Food, drinks, banks, FMCG, Telecos.

People will drown themselves in beer highness to reduce coro panic.

You must eat and stock up anything. So more sales for the food companies. Same with FMCG that a member mentioned here. You must keep lots of toothpaste, soap, cleaning substances. While others are not making it, these companies will make it.

And above all, you need to be swiping in stores to buy things. So you must spend the one you have in thd bank. Banks are still in business in this time.

I am only positive about telecoms and banks in Nigeria.
The breweries will feel the impact of forex shortage,reduced sales and contracting margin as what people are consuming now are mostly products from small players who are not listed.
For foods,producers of noodles will benefit greatly and my top pick here is indomie if the company is listed.

RabbiDoracle:


300+ cases pere.

We are moving to the level of community spread....the next two weeks will be critical.

RabbiDoracle:
Just 1 week of closure in 9ja and you are saying all these will happen .

This is my 4th week on lockdown. Yet market dey trade well here.

Definitely an extended lockdown will affect business in Nigeria. But I don't think 9ja will lockdown for 4 weeks. A longer period of lockdown will lead to serious hunger and breakdown on societal security.

Oga Oracle...

I dey hear another 2weeks extension and more States would be included. Most likely to be announced this night or tomorrow morning.

Not confirmed yet!

RabbiDoracle:
Food, drinks, banks, FMCG, Telecos.

People will drown themselves in beer highness to reduce coro panic.

You must eat and stock up anything. So more sales for the food companies. Same with FMCG that a member mentioned here. You must keep lots of toothpaste, soap, cleaning substances. While others are not making it, these companies will make it.

And above all, you need to be swiping in stores to buy things. So you must spend the one you have in thd bank. Banks are still in business in this time.

Ha, now i see why HONEYWELL and FMN has been resisting the bears.

pluto09:
I am only positive about telecoms and banks in Nigeria.
The breweries will feel the impact of forex shortage,reduced sales and contracting margin as what people are consuming now are mostly products from small players who are not listed.
For foods,producers of noodles will benefit greatly and my top pick here is indomie if the company is listed.

Brewery industry is in double distress. It has been suffering since the inception of PMB administration, now Covid19, almost all premium lounges and clubs are shut all over the country. Some brewery plants are temporarily shut without any production plan in April. Q2 2020 will be hellish for this industry. Besides, I am not sure its advisable to invest in this industry until after this administration. If the next will not also be cruel on the industry.

OBAGADAFFI:
Ha, now i see why HONEYWELL and FMN has been resisting the bears.

Boss, i think Honyflour is the bear in itself. The price has been down for a while and cash is trapped here. Lolz. But, FMN has been very resistant.

gabscity:
Boss, i think Honyflour is the bear in itself. The price has been down for a while and cash is trapped here. Lolz. But, FMN has been very resistant.

Yes, FMN

maishai:
I doubt if any company except Banks wouldrelease good results Q1, We are yet to recover from border closure then Cash crunch and Covid 19 enters the scene..... I would see how the country would come back up and running

It's possible the effect of all these wouldn't even reflect in Q1 but in Q2, that's if the situation persists.
Companies do have a way of generating revenues, especially banks irrespective of economic conditions. Don't be surprised if banks release good Q1 results cos of the highlighted factors self.
People stayed at home and are spending, even more than when they're going out. Banks didn't shut down, they only reduce physical activities. The telecoms biz were/are booming too.
Anyway, we'll see how it goes....

stcool:
I have been saying it since last week. If you are yet to enter the market. Keep your CASH.

Things will get worst before normalcy returns. NSE is worst as CBN won't inject a penny. This is not FED!

Next earning season is March 2021...tomorrow you see same people shouting, had I known!

Boss are you saying there wouldn't be interim dividends?
I had to edit my post on Wapco not because I withdrew the comment but because I don't want to argue unnecessarily.

Seunn11:
In this business, sense is required.
Know that no expert knows it all. Everyone is gambling at different levels. A lot of self appointed experts however use jargons to make themselves appear knowledgeable.
Only you can work your salvation in this business.

The naive ones can work their ways to Golgotha shebi? Well done Mr. Money.
If you go and use "common sense" wey no common na OYO be your case.
FYI, Mr. Common Sense himself got trapped in the United States cos his common sense didn't tell him not to travel before covid lockdown, maybe he thought he'll be safer there.

Happy Easter everyone!
May we witness many more in the land of the living in joy, peace and good health if Jesus tarries. Amen.
Remain blessed. Stay safe.

pluto09:
I am only positive about telecoms and banks in Nigeria.
The breweries will feel the impact of forex shortage,reduced sales and contracting margin as what people are consuming now are mostly products from small players who are not listed.
For foods,producers of noodles will benefit greatly and my top pick here is indomie if the company is listed.

Bro, you don't seem to understand what people are stocking up.

Did you hear that companies couldn't cope with the manufacture of condoms?

Some odd things were out of stocks

People learnt that cologne disinfects the hand against covid 19, dem also buy hot drinks to disinfect the throat

Brewers may have hedged that risk knowing that they faced one in 2014 to 2016.

pluto09:
We are moving to the level of community spread....the next two weeks will be critical.

If you stay at home, those infected will naturally die off and those who can survive it will develop immunity against it.

Cases are still very few in a Nigeria. If cases remain low like this, it then shows that temperature seems to slow the virus down.

RabbiDoracle:
Bro, you don't seem to understand what people are stocking up.

Did you hear that companies couldn't cope with the manufacture of condoms?

Some odd things were out of stocks

People learnt that cologne disinfects the hand against covid 19, dem also buy hot drinks to disinfect the throat

Brewers may have hedged that risk knowing that they faced one in 2014 to 2016.

Nigeria is different from obodo oyinbo countries o.
People here are more concerned about what they will eat.

As from q2 when these companies release their results(God, spearing our lives)we will get to see where they are....

How are people able to buy smurfit shares cos I bid for it all the time but seen single unit sold to me.

RabbiDoracle:


If you stay at home, those infected will naturally die off and those who can survive it will develop immunity against it.

Cases are still very few in a Nigeria. If cases remain low like this, it then shows that temperature seems to slow the virus down.

The government understand the situation better than the populace, majority of who think there is no corona in Nigeria.
If we can contain it, good for everyone, if we get to the level of outbreak in the communities, the effect is better imagined than said....God save our dear country.

seyisanya:
I feel I should share this for the benefit of new members here who are entirely new to stocks. Please, just relax and stay sane else you will make irrational decisions regarding your investment when you read a few posts here.

Firstly, decide how you intend to invest in the market:

If you're in for long term(the Warren Buffet style), go and read the previous posts of emmanuelewumi
If you're in for short/mid/long term combined, go and read the previous posts of RabbidOracle and onegentleguy.
.
..
...
In conclusion, whatever your strategy is, create time to read the previous posts of the three contributors mentioned above and do some personal due diligence. Come up with a plan, follow it and avoid the noise! Remember, in life, some people make money while some make noise. It's all about choice!

Thanks for this bro. Infact I read the posts back to 2018 sef. Lolz. Chai too much time dey worry me

Mcy56:
The naive ones can work their ways to Golgotha shebi? Well done Mr. Money.
If you go and use "common sense" wey no common na OYO be your case.
FYI, Mr. Common Sense himself got trapped in the United States cos his common sense didn't tell him not to travel before covid lockdown, maybe he thought he'll be safer there.

Naive ones will be purified through baptism of fire. Just like precious minerals, they will glow...after paying their school fees.
How are you madam money?

Mcy56:
Happy Easter everyone!
May we witness many more in the land of the living in joy, peace and good health if Jesus tarries. Amen.
Remain blessed. Stay safe.

Thank you madam. Wish U and yours same.

Happy Easter to everyone!

pluto09:
Nigeria is different from obodo oyinbo countries o.
People here are more concerned about what they will eat.

As from q2 when these companies release their results(God, spearing our lives)we will get to see where they are....

I have the feeling that Q1 will not be impacted on so much by this event.

It is Q2 that I feel that there could be revenue impact if it extends beyond April.

abuhusna1:
How are people able to buy smurfit shares cos I bid for it all the time but seen single unit sold to me.

Why do you want to buy the stock?

What area of business does the company serve?