Agriculture › Re: Hidden Truths About Plantain Farming Business by situationroom: 2:30am On Aug 27, 2015 |
Lesgupnigeria: Ok.
Where is the farm located?
Farm gate price is at least 500 naira. akwa ibom |
Agriculture › Re: Hidden Truths About Plantain Farming Business by situationroom: 12:06am On Aug 27, 2015 |
Lesgupnigeria: "It’s time to go back to the land. We must face the reality that the petroleum we had depended on for so long will no longer suffice"- IFAD president What a true reality! I currently have a farm of 300 suckers.....pls how much does a bunch of plantain go for? |
Politics › Re: Northerners Hold 83 Per Cent Of Oil Blocks – Senator by situationroom: 10:46pm On Aug 26, 2015 |
PassingShot: The allocation of oil blocks was part of PMB's campaing.
If I could remember correctly, he promised to review it and that FG under him will not allow individual to own oil blocs.
Let's wait and see. Mr passing shot,I have observed you for a while now and this is what I noticed about you...... when the north or the west oppresses the south you tend to be diplomatic and logical about it...... but when the south errs or makes the slightest mistake suddenly you become so erratic in judgment and sarcastic in comments..... I want to ask you a sincere question....do you actually care about the welfare of all Nigerians or are u just concerned about your tribe ruling others? |
Romance › Re: 10 Excuses Nigerian Guys Use To Justify Their Inability To Approach A Lady by situationroom: 12:16am On Aug 26, 2015 |
LaurelP: Every guy knows that its not an easy feat to successfully approach and woo a lady. Even the most confident of guys usually need to "gather morale" before doing the needful.
This could stem from the fact that you don't know what the outcome of the action you're about taking might be.
Another reason is the fear of rejection, nobody wants to feel ridiculed or like a looser sort of. We are all created with a sense of self worth and we crave for respect and regard which is normal.
However, society has made it look like a guy who cannot approach a lady is not a "real man". Such a guy is mocked by friends, relatives and even the female folk. As a result of this utter mockery and in order to live up to the expectation of the society, guys come up with some funny excuses to defend themselves and also to remove their mind from trying to approach ladies.
Below are some of the excuses guys give themselves and others for their inability to approach women.
1) Naija girls are gold diggers: I'm sure you've heard or read many guys make such comments. They be like "Naija girls too like money jare, if you no get money forget am!" The truth is that this is not a valid excuse at all. No matter your level of economic power, there is always a woman out there who will accept you the way you are. you don't need to have money to find love anywhere, besides I know some really poor guys dating rich chicks and even eating from them sef. What you need more is self confidence and social skills.
2) I Don't Have Time for Girls Now: I hear this all the time and all I see is a guy who is frustrated about his inability to successfully woo a woman. I mean is there any such thing as a separate time you need to have for a woman? Lolz... Guys please enlighten me on what it means to have time for women. U ask a guy "What of your girlfriend?". He goes like "Which girlfriend, I don't have their time oo". When I hear this I just laugh!
3) Girls are a Distraction: For real? You that has been jobless for 5 years after graduation, how is it a girl's fault? It is you that is a distraction to yourself not girls. How come all these footballers, musicians, entertainers, bankers, doctors, oil guys that I see change chicks like wrapper don't get distracted, na u come dey get distracted. My guy forget excuse and do the needful.
4) Women bring Badluck: Lols... I don't even know what to say about this one. You hear guys say that if you want to make it in life, forget women. Funny thing is, they can't! The more they try, the more they fail. Men and women have been created to 'complete' each other so my guy, unless you're gay.....
5) She's too Pompous/disrespectful: No my guy, you're too timid, that's the truth. You have the right to woo any woman you like, she has the right to agree or disagree. Don't give away your right, exercise it! Btw, research has shown that ladies who seem too pompous are usually much easier to convince than guys tend to think.
6) I can't Satisfy her Sexually: Most guys won't voice out this excuse at all, only to very close friends if he's the very open type. This however is not a valid excuse. How do you know you can't satisfy her? How do you even know she's after sex? Must you Bleep every girl you date? Enough said jareh...
7) I Prefer Foreign Women to Nigerian: All na wash! So of all the millions of women in Naija, you can't find a suitable one for yourself, na for foreign land you go see am? My guy, your problem no be Naija women, your problem is internal. Search yourself and tell urself the truth!
No Responsible Woman Anymore: If I hear! Maybe you want a Mary magdalene or virgin Mary. Guy, if na responsible woman be your excuse, why not enter Deeper life, Jehova Witness, mountain of Fire and the various mosques and look for them? Why look for responsible women at Allen Junction? Mtcheeew...
9) I Prefer to Roll With my Fellow Guys: You be gay? Yes its good to have a good rapport with fellow guys, to have fun and drink with guys with no chick around once in a while. But my guy don't use it as an excuse, because very soon those your guys will start asking you to go and look for a chick. They will soon start laughing at you bro.
10) Complete it.
LaurelP you have tried but you just wrote semi shit |
Romance › Re: Sex Will Make Your Relationship Stronger Only At The Appropriate Time by situationroom: 9:12am On Aug 21, 2015 |
@op....so wen is the appropriate time? |
Family › Re: Neglect Of Male Child Rape/molestation By a Female Adult by situationroom: 7:36pm On Aug 18, 2015 |
dats just d way it is..... things will never be d same
don't expect the woman to have more sympathy for you cos society has always favored dem and will always do |
Gaming › Re: Today's Kids Will Never Know This by situationroom: 11:24pm On Aug 14, 2015 |
good days |
Christianity Etc › Re: Mob Destroys South Africa Snake Pastor's Church, Set It On Fire (photos) by situationroom: 12:27pm On Aug 10, 2015 |
dis is why I hate religion n Christians as a whole |
Christianity Etc › Re: I'm Richer Than Bill Gates - Pastor Adeboye by situationroom: 11:06am On Aug 10, 2015 |
Jaideyone: it's too early to misyarn. don't you have something to do? u must be stup!d |
Family › Re: #youknowyourmumisnigerian - Hilarious Topic Trending On Nigerian Twitter by situationroom: 9:47am On Jul 30, 2015 |
nice topic |
Politics › Re: Limiting Probe To Jonathan Cannot Be Justified, Falana Tells Buhari by situationroom: 4:06pm On Jul 28, 2015 |
to be sincere..the future of this government is getting darker |
Politics › Re: Obama Dissatisfied Over Buhari Visit by situationroom(op): 3:29pm On Jul 28, 2015 |
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Politics › Re: Different Names For Mumudu Buhari. by situationroom: 3:41pm On Jul 27, 2015 |
mr.I must rule by force |
Politics › Re: Made In Zimbabwe Helicopter, Generator,drone & Electric Car by situationroom: 3:06pm On Jul 27, 2015 |
Mugabe the Gaddafi of our time
no time for ass licking...or sorry ass sucking like Nigeria |
Politics › Re: Obama Dissatisfied Over Buhari Visit by situationroom(op): 2:42pm On Jul 27, 2015 |
I really think buhari and APC shud learn how to conduct proper research before going out to the world and say things that don't exist.....nobody is contesting with dem |
Politics › Obama Dissatisfied Over Buhari Visit by situationroom(op): 2:34pm On Jul 27, 2015 |
President Barack Obama was reportedly dissatisfied by
the entire lack of preparation by President Muhammadu
Buhari and his entourage during the state visit to the
USA.
The source of Examiner.com anonymously said: ”May be
we are not reading from the same script, but the overall
message by Barack is that they should go get themselves
together, then get back with us”.
”We are just being polite about this because your
President doesn’t seem to understand a whole lot about
government ,” another source in the White House added.
President Obama was disappointed that Buhari’s team
had no presentation about working with America to save
Nigeria’s crumbly economy.
The web-portal noted one more blunder made when
Nigerian leader, in defense of his cabinet-selection
postponements, published an op-ed in Washington Post,
mistakenly blaming the White House of similarly delaying
his cabinet selection in the initial stage of taking office.
”I don’t know where he got that information. I am still
trying to come in terms with the rationale of the above
statement in the said article other than the fact that
President Buhari has gone to press to lie against his host
in a bid to justify his dictatorial rule over Nigeria” , said
Oshiokpekhai Utu-Orbih, a Nigerian attorney and writer
based in the United States.
It would be recalled that President Buhari held talks with
his American counterpart on terrorism and further plans
to foster greater economic ties between both nations on
July 20, Monday.
He also met with Nigerians in the Diaspora in the United
States and his former classmates.
source www.naij.com |
Politics › Re: Drama At NIMASA As Jauro Displaces Obi As Acting DG by situationroom: 8:08pm On Jul 25, 2015 |
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Romance › Re: Town In Lagos Where Men Don’t Use Condom by situationroom: 9:45pm On Jul 23, 2015 |
this satanist guy is cool...will like to know more  |
Politics › Re: Jonathan Paid People To Attack Me – Obasanjo by situationroom: 12:50pm On Jul 22, 2015 |
and they yorubas are still proud of this one ooo
mkpo adi ba |
Health › Re: 10 Facts About Farts You Might Not Know by situationroom: 12:36pm On Jul 18, 2015 |
I have always thought so..that withholding fart is bad.very bad
God bless fart |
Politics › Re: Fuel Subsidy Removal Is Now Illegal, Dogara Warns by situationroom: 10:47am On Jul 15, 2015 |
u guys expected APC to tell you the truth..wow and a very big WOW
that's just the way it is... we never get wat we desire |
Politics › Re: Ambode Rescues Accident Victim In Lagos by situationroom: 12:18am On Jul 14, 2015 |
CMSbrands: APC! change! Change who? Change Jonathan!
LaaaffFfssssssssssss Laaaffssssssssssssssss Laaaaaafffffffssssssssssssss Llllllaaaaaaaffffffffffffssssssssss
I don forget say we don change sef.. To God be d glory .. Children of hate.. Oya make una attackk and start barking..
Lllllllllllllaaaaaaaaaaaaaffffffffffffffssssss all dis for just 1like.....hmmmm |
Politics › Re: Port Harcourt Refinery Misses June Target by situationroom: 4:29pm On Jul 10, 2015 |
why were they making goodluck look so bad wen they are equally doing the same thing |
Politics › Re: Graphic Photo From The Jos Bomb Blast At Yan-taya Mosque by situationroom: 10:57am On Jul 06, 2015 |
Caseless: you or one of your own might be found near one of those mosques that might b the target very soon. You will feel what it is to be bombed, bastard. meaning what now......u guys are doing ur tin,running ur show togeda........how dos it affect me now pls o I was tot never to poke nose into pple matas |
Politics › Re: Graphic Photo From The Jos Bomb Blast At Yan-taya Mosque by situationroom: 8:17am On Jul 06, 2015 |
since it is a mosque... I don't have any problem with that |
Politics › Re: Transition Committee Proposes Removal Of Fuel Subsidy by situationroom: 6:32pm On Jun 20, 2015 |
look at what am seeing... imagine,,I don't think this government has any iota of shame |
Politics › Re: How Ribadu Was Poisoned – OBASANJO by situationroom: 10:12pm On Jun 10, 2015 |
party founded on a faulty foundation |
Politics › Re: PMB Seats Gallantly Besides Obama In The G7 Summit. by situationroom: 5:13pm On Jun 08, 2015 |
it baffles me when ppl get over excited just because PMB sat close to Obama....so in other words 14millions Nigerians just voted him to come and sit close to Obama
sincerely I don't see any sense in this kind of news |
Politics › Re: N’assembly Leadership: APC Peace Moves Flop by situationroom: 11:32am On Jun 07, 2015 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by situationroom: 2:42pm On Jun 05, 2015 |
Reddit: SEC Approves Stocks Can Now Trade At One Kobo Per Share. Here Is What It Means
Do you remember what 1 kobo looked like?
The Security and Exchange Company has finally approved for the Nigerian Stock Exchange to move the 50 kobo floor a stock can trade at to as low as 1 kobo.
The Rule states that “notwithstanding its par value, the price of every share listed on The Exchange shall be determined by the market, save that no share shall trade below a price floor of one Kobo per unit (N0.01)”.
The NSE had announced plans for shifting the floor price and was merely awaiting SEC approval to begin. However, SEC did not disclose details of how NSE is expected to proceed. We will have to wait for NSE to provide details as to when it plans for the new floor price to become effective.
What it means?
Currently, the lowest Nigerian stocks can trade for is 50kobo. That is no matter how much a share price drops it can never drop below 50 kobo. It is unclear how 50 kobo was selected as a floor price but it perhaps explains why most quoted stocks have a nominal price of 50 kobo per share.
With the floor set to be moved to 1kobo (N 0.01) stocks can now drop to as low as One kobo per share if the markets deems the price to be so.
Why the change?
There are several reasons why it makes sense to move the floor from 50 kobo to 1 kobo however one stands out to us. A share price of 50 kobo per share can be artificial and thus means some stocks are expensive. Imagine you hold a stock that trades at 50 kobo per share and no one is willing to buy at that price. The market probably feels it is worth lower. With the stock trading at 50 kobo per share no one is interested in buying even if the seller is willing to sell for much lower. Now that the floor is reduced by 98% to 1 kobo per share, there is room for buyers and sellers to bargain more thus creating more liquidity for the market.
What are the implications?
The implications are far-reaching and in fact could trigger a massive sell-off in the early days and weeks of its implementation. Lets explore what could happen
Penny Stocks – Investors with a lot of penny stocks in their portfolio could be among the first to be hit by a sell off. Stocks between 50 kobo per share and N1 per share could be in the firing line as investors reassess their values.
Illiquid stocks – Stocks that have remained stuck at 50 kobo per share could also begin to see some movement as investors who have held these stocks for months or even years may have their stockbrokers place a sell mandate. Some mandate could even be at any price further depressing value.
Nominal Values – It is very likely that some company could decide to reduce the nominal value of their shares to 1 kobo per share via a scheme of share reconstruction. That way they could escape the wrath of a massive value accretion. Whether that will be possible will depend on the regulation that SEC proposes around this.
Fund raising activities – Fund raising activities could also be significantly affected by this move. For example companies looking to embark on IPOs or Public Offers may have to list at a much lower price per share meaning that they will have to increase their shares outstanding to accommodate the value that they seek. This leads to the next point
Registrars – these guys may also need to re price the fees they charge for their registrar business. For example, if a company needs to raise N10 billion at 50 kobo per share, it will need to sell 20 billion units. At 1 kobo per share it will be 1 trillion shares. That is astronomical and could create a reconciliation headache for most registrars.
Your Portfolio – Those who have portfolios dominated by penny stocks may have to reconsider their portfolio mix as they might be the first to be hit. If penny stocks get pummeled like we suggest, then portfolios that have a large constituents of penny stocks will decline massively in returns.
Source so guys with the above rule..is it safe to buy penny stocks now or after the rule has taken effect? |
Politics › Re: Buhari Sets Out For Security Meeting At Presidential Wing, Abuja Airport- Pics by situationroom: 8:31pm On Jun 03, 2015 |
0GBUEFI: Buhari is ready to take on the inusrgents head on. Yesterday he had a closed door meeting with service chiefs, earlier today he was at Niger Republic with the President Mohammodu Yussofu, here he is, now meeting with Governors of state plagued by the insurgent activities.
Nigeria will certainly win the war against the insurgents, but its going to be a very very long night.
NB: Boko Haram does not exist again. They have now morphed with dash/ISIS/ISIL. what we have now is - Islamic State in West Africa(ISWA). I doubt if Abuabakar Shekau bin Taoheed is still thier Amir. He has either been killed, mortally wounded or gone deep into hiding
may Allah SWT grant us victory against this agents of Shaiton pls keep ur Allah out of dis...we don't know if dis Allah actually means good or bad because it has been used by both insurgents, rapist,suicide bombers and NYSC butchers.....I sincerely tink it has lost its value |
Politics › Re: APC Senator-elect, Shehu Sani, Cautions Buhari On ‘first Lady’ by situationroom: 4:30pm On Jun 02, 2015 |
modelmike7: . . . . . The first lady of our country is the one you just said this derogatory statement about? Even our dearest Patience did not get it so lewd like this. Why are you mad?? Kids everywhere on NL! Its either you are an underage or simply st*pid. who are these ones now......nawa |