Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:54am On Feb 11 |
 presiade: Based on the current market situations, ZENITH should be trading between N76 and N80. |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:18am On Feb 11 |
I'm not supporting any of them, Obi inclusive. However, Lagos is not Nigeria, and the ICPC under PDP could not find him guilty, what else can I say? Atiku cheated the whole country and was indicted by his then-boss (though a vindictive human) and internationally--that says a lot. megawealth01: But EMILOKAN has handled LAGOS well ba? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:14am On Feb 11 |
Get your facts right! "As Vice President, Atiku Abubakar was the Chairman of the National Council on Privatization (NCP) under President Olusegun Obasanjo and oversaw the privatization of many national assets, with the Bureau of Public Enterprises (BPE) operating under his supervision, though the process was controversial, with accusations of cronyism and lack of transparency." Traveling with a red (diplomatic) passport behind an incumbent Senate President does not prove anything. mikeapollo: Atiku was never involved in the Halliburton scandal nor the privatization deals under OBJ. The privatization of State enterprises was handled by El-rufai, the DG of Bureau of Public Enterprises (BPE) who was reporting directly to Obasanjo and National Council on Privatization(NCP). How wss Atiku involved in this?
Atiku has been investigated extensively and comprehensively by all the investigative bodies in this country and abroad., including the Halliburton scandal. NOTHING was found against him. People just spread rumours and tell lies. The same way they said he was wanted in the US for fraud and that he could never travel to US because he would be arrested. That was a well planned blackmail, The man eventually travelled to US and nothing happened. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 9:50am On Feb 11 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:23am On Feb 11 |
There’s no point arguing with you. You need to learn, each position you held was wrong. I just don’t have energy for back and forth right now. Then, name calling is always the last resort when people like you can’t defend your position. 👌 SonofElElyonRet: Think you should read my comments from first to last to understand my perspective Mr capitalist |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:26pm On Feb 10 |
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. |
Foreign Affairs › Re: Trump Deletes Controversial Video Depicting Obamas As Monkeys by presiade(m): 10:25pm On Feb 06 |
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Foreign Affairs › Re: Trump Deletes Controversial Video Depicting Obamas As Monkeys by presiade(m): 10:14pm On Feb 06 |
Don’t be deceived, that’s what 90%+ of Americans (maybe of Caucasians and Hispanics) are like, forget the few “token friends” of African descent they sometimes keep and date or marry. Flangelo12: It is clear he's a disgusting excuse for a human being.
America picked this one.
Twice!! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:20pm On Feb 06 |
yMcy56: ARADEL @900!! Hope dey for OANDO.... 
If you're in CHAMS, just be patient..... When the sellers are done, they'll allow it to move.......or better still, when those accumulating and depressing the price are done, they'll allow it to move...
* GT @100.20! 101 * Custodian @54! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:26am On Feb 06 |
ZENITH and banks generally move with dividend declaration. However, based on my "in-house" metrics or correlations, I believe ZENITH should be in that range now. It will soar after they announce the FY dividend, just as some of the other banks will do. Rotation is not only because of funds scarcity, but for capital efficiency as well. jonnysessy: It has been long i have been waiting for Zenith movement. But, it is just trading side ways. To think that i sold my Vitafoam at N80.00 to enter Zenith @ N68 in August was not a very good move. If not for scarcity of fund, it doesn't make sense to sell stocks to buy stocks. Every stock have their time. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 10:43am On Feb 06 |
Based on the current market situations, ZENITH should be trading between N76 and N80. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 9:12pm On Feb 04 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 4:38pm On Feb 04 |
Ha, price is not my concern here. I'm happy about an investment I made, which will pay off as the dollar weakens. faoogoke: Dont be surprised that nothing will change. The prices you think will drop will not. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 2:41pm On Feb 04 |
Ote is only special because he wants to be (remain) on the Forbes' list. The best way to achieve that is to have booming stock prices for all his companies. Raider76: I like the way Otedola marketed FIRSTHOLDCO after the release of the seemingly bad results. It shows that maybe now Nigerian corporate leaders are taking the stock prices of their companies more seriously than before when they were only satisfied with just milking the companies to the bone. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 2:04pm On Feb 04 |
Somebody shout Halleluyah! I am dancing on this for a reason. Agbalowomeri: Dollar is really nose-diving |
Foreign Affairs › Re: Nigeria Is The Fifth-largest Producer Of Electricity In Africa by presiade(m): 3:09pm On Jan 27 |
Wrong statistics! Nigeria doesn't produce 40 GW--the installed capacity is 13 GW, and only about 4-5 GW is generated (usable). The country needs to minimum of useful 40 GW, which translates to at least 60 GW generation capacity requirement. DrMB: Is Nigeria really an "Energy Giant," or are we just scratching the surface? 🇳🇬⚡️ According to the International Energy Agency, Nigeria is the 5th largest producer of electricity on the continent. Nigeria’s position among Africa’s top five producers is a profound paradox: despite being a "top" generator, defined by chronic energy poverty. While South Africa and Egypt use their massive outputs to sustain industrial economies, Nigeria’s similar total output is diluted by a population of 240 million, leaving the average citizen with 20 times less power than their South African counterparts. This creates a "Giant with Clay Feet" scenario where Nigeria’s grid provides just 170 GWh per million people, a staggering contrast to the 3,522 GWh available in South Africa or the 2,001 GWh in Algeria. If you could solve one part of the energy chain: Generation, Transmission, or Distribution, which would it be? Let’s discuss the future of the grid in the comments! 👇
Source |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:44pm On Jan 27 |
All is fair in love and war. The nation is at w@r. mikeapollo: A govt that would alter and forge a national tax law that was passed by the people's representatives i.e. National Assembly. A well-meaning govt would never do that to its citizens! Pure and simple! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:26pm On Jan 27 |
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Education › Re: If You Don't Have Money To Go To School Please Do Not Go, Learn A Skill. by presiade(m): 3:58pm On Jan 26*. Modified: 10:59am On Jan 27 |
While education is very important, it's no longer confined to the four walls of formal educational institutions--esecially tertiary level. The world, the West and SE Asia at least, has gone past paper qualifications. If your goal is to make money, go learn a trade, some skills, or be an apprentice to a successful entreprenuer! It's high time people stopped going through tertiary education just to join the bad statistics, while knowing ab initio that they are not really competitve for or well connected to get the few available job slots. BangaRice: Who produced the cars and gadgets? Roadside technicians or graduates? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:38pm On Jan 26 |
I didn't say RMB did underwrite the PO. I only pointed out a vital point that he might be missing, as indicated by the "if" clause. emmanuelewumi: The offer was not underwritten.
RMB is the issuing house to the offer
Read item 17 |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 8:29pm On Jan 25 |
If RMB is the underwriter, then RMB provides the guarantee of full subscription and must cover any unsubscribed portion of the offer. Underwritter simply means "guarantee" for such an arrangement. SonofElElyonRet: Just in case Ellah didn't raise the whole N235b at PO, I'm sure Chuka would've embarked on an aggressive private placement/loan sourcing exercise, immediately the signs of under-subscription were evident, to make up the shortfall. Hewitt Benson has everything under control.. e lo fokan bale. That acquisition is a done deal. Expect price rally for Ellah when the successful acquisition is announced.. projecting a price stabilisation at N25 / N30 |
Romance › Re: American Woman Hired A Private Investigator To Checkup Nigerian Man She Married by presiade(m): 7:31pm On Jan 21 |
It's called Alárinà (an investigator or a mediator), and not Aláríyànjiyàn (an argumentator). SixSeven: In the past, it is the family that will do this work for you but since we wan abandon tradition, na private investigator go chop our money. You married into families, you didn't marry yourselves alone but since you want to FAFO, let me help her here:
Before modern background checks, Nigerian cultures already had systems for finding out who someone really was before marriage. Families did not rely on romance alone. They asked questions, sent people, and consulted trusted sources.
Among the Yoruba, families carried out what is simply called ìwádìí meaning investigation. A trusted person was sent to ask questions about the prospective spouse and their family. This person could be a respected elder, a family friend, or sometimes a babaláwo. The focus was on family history, character, health issues, mental illness, criminal behavior, and general reputation. The person doing this work is often referred to as Aláríyànjiyàn, meaning someone who gathers information by asking around. If the report was bad, the marriage could stop.
The Igbo have a similar process known as ịjụ ase or ịma afa, depending on the community. Families asked elders and neighbors about the background of the other family. They checked lineage, social status, repeated marriage failures, and serious taboos such as osu lineage. Spiritual consultation was also common. Negative findings were taken seriously, even if the couple already liked each other.
Among the Hausa and Fulani, investigations were done through family networks, community leaders, and religious authorities. Reputation mattered greatly. Families relied on long-standing knowledge within the community. Religious character, discipline, and family conduct were important factors. Because communities were close-knit, information was easy to verify.
In Edo culture, marriage involved family-level investigation. Families looked into ancestral history, moral behavior, and spiritual obligations. If a family had unresolved issues or negative patterns, elders advised against the union.
Efik, Ibibio, and Annang communities also used family and community inquiry. Elders spoke with neighbors and relatives to understand the family’s behavior over time. Issues like abuse, instability, or repeated divorce were red flags.
Across Nigerian cultures, the idea was the same. Marriage was not just between two people. It involved families, reputation, and long-term stability. These investigations were practical, not mystical. They were meant to prevent future problems, not to shame anyone.
What we now call background checks already existed. They were done through people, memory, and community accountability. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 7:09pm On Jan 21 |
I'm still loaded, sitting on ~105% gain now. I'm heading to N15-16 bus stop. I think the bull run is still on for pharmas--many of them, including MAYBAKER and NEIMETH, closed on full bid today. Bovis: Are you still invested here or have taken profits?
From a TA POV (which we know has to be taken with a bucket full of salt) Neimeth should be due for a slight pullback by Friday
After that I can see It retesting the 7 to 8 Naira region if the trading update/result is unfavourable |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:45pm On Jan 21 |
I just did a scalp: Entry price 4.74, exit price 5.20. yMcy56: NPFMCRFBK @5.19!! I'm sure Loco is no longer holding this 😁
* One of Oga Oracle's stocks as well....😊
* @5.20 now.. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:32pm On Jan 21 |
That the sector is informal may not be that accurate. The biggest livestock producers are mostly big farms in the north and some in the south. Furthemore, most of those cows you see them herding/grazing openly are owned by big men, especially in the north--hence they have records of their livestock. The dollar valuation must have been based largely on market survey and benchmark naira-dollar exchange rate. mikeapollo: How did they arrive at the GDP figures (in dollars) for a sector that is largely informal, unregulated and undocumented? I doubt the accuracy of their figures, even though I know the livestock sector plays a key role in agriculture |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 11:49am On Jan 21 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:34pm On Jan 19*. Modified: 7:14pm On Jan 19 |
I was down ~20% in NEIMETH between December and early this year (got stuck, it was meant to be a swing). Currently, I am sitting on 70%+ after selling a small fraction of my significant holding. So, do what thou may with the information. Although the pharmas are enjoying the benefits of the exit of two multinatonal players, investors need to be cautious--enter at the right price or, better still, with patient funds that can be tied down long term if things go south fast. wiki15: Hello guys. I have been following this thread as a guest for a while. Great job! Please advise on Neimeth. Is 11.10 a good entry/re-entry point or is profit-taking still in the air? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:59pm On Jan 19 |
That's incorrect. Your OTP can be delivered to your e-mail as well. I'm writing from experience. EquityM: My OTP is linked to my foreign number; if I stop the SMS notification, I won't be able to transact normally. I will try to divert my dividend to Sterling Bank. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 5:21am On Jan 19 |
Sign an indemnity form to stop them from sending you SMS notifications, and then enroll in e-mail alert or notification. EquityM: Living abroad, Nigerian banks charge excessively for SMS charges; only Sterling Bank does not charge at all, and they have a very swift transfer service. I usually transfer my savings to FirstAlly and then transfer it back to my Sterling Bank if I need to withdraw. UBA already charged me like 3k for SMS alerts from the beginning of Jan till now. If not for my dividend payment that usually goes there, I wouldn't mind closing the account. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:40pm On Jan 16 |
So it seems. Loading mode activated--the only way is up. Raider76: Patiently waiting. Looks like someone wants to keep it below 70. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:23pm On Jan 16 |
Given the current market situation, ZENITH should be trading in the range N74.9 to N78.9. The market is probably waiting for the Board Meeting before price correction. |