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SonofElElyon's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 10:43am On May 08, 2022
Agbalowomeri:
Your problem is that you are too serious on a faceless forum
Take life easy. For all you care, you may be quarreling with a robot
Thank you. I like "my problem " just the way it is
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:40am On May 08, 2022
onegentleguy:
Dear @ SonofELELyon if I may come in; what @ Sir Oracle was trying to infer is that it might be better (in this instance) to FOCUS on the message and not the messenger.

In reality, people will pass messages accross using different forms of representation, but often relative to their interpretation of matters and/or the surrounding peculiarity at the time. ...sometimes it (the spoken or written word) might seem very nice, at other times not so nice, but the most important thing is to understand the INTENT or DRIVE behind the message.
If and when you can establish that the intent/drive is genuine (I think it's the case here), then it might be better to allow it take higher precedence ahead of ones emotion.

Let me give you a fine illustration;
Let's say you sought the view/advice of 3 investors Mr X, Y and Z on whether to buy a certain coy V.
Mr X had/has made returns investing in the stock... Mr Y has lost or is losing money in it while Mr Z, though not invested in the coy, has broad knowledge of it. (fundamental stand in view)
Now you'd expect to get different replies/revert from all 3 of them even if they all have genuine intentions.
I can tell you for free that you will like the message representation of some but definitely not all. This is something I have personally learned and come to terms with over time.

While pa Emma' post may not have sounded so nice, I'd prefer to (again, in this instance) focus on WHY the message was passed and not HOW it was passed. ...and in that light, he meant no harm. He was only trying to look out for you.
I also think that @mcy56 means well! ...she's been doing a great job here.
Pls do try to calm down, pick a thing or two as lesson and move on!

By the way, pls kindly read through the post from 2019 above.
With UNITY BANK, not much has changed since that post.
While there's been a slight improvement from then, RISK is still far ahead of the combination of REWARD and the coys CMP.
You may wish to trade the stock if you understand it's TA dynamics but even then, be VIGILANT!

Do take care of you.
Regards
Thanks for your responsibly worded post..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:38am On May 08, 2022
handsomebolanle:
Chief.. Kindly, ignore the supporters. Thats the society we live in.
cheesy grin As I be fish size for the river... I someday hope to be whale
Thanks bro.. peace
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:38am On May 08, 2022
Agbalowomeri:
Oga I won't patronize you one bit.
Your reaction on a faceless forum makes me wonder whether you actually lost money in MMM.

Anybody can be 'yabbed' on this forum including your so-called cabal. I am sure Emma has lost count of the 'stones' he has received here.

The summary is; if you desire respect, go and fence your village. Your village people will respect you very well.
Good luck to you in your "invectives spree"... I see that's your uncouth nature. I DIDN'T DEMAND RESPECT RATHER I DEMAND NOT TO BE UNJUSTIFIABLY INSULTED.. Don't expect me to roll over and receive unjustified insults. You run your gutter mouth at me and I'll respond in kind..
PoliticsRe: Osinbajo: God Made Me VP To Serve Nigerians As President by sonofElElyon: 8:44am On May 08, 2022
lexy2014:
Are the questions too difficult to answer?

who are the hawks?

so you are telling us that osinbajo will always cower and run from a fight because of the fear of what he will loose?

are u saying that osinbajo will never make any sacrifice for nigeria if his personal ambition is threatened?

are u saying that osinbajo would allow nigerians to suffer instead of him speaking out and fighting for nigerians just because of his personal ambition?

is such a person fit to be president of nigeria?
Sorry I modified my response . "Sane" was inadvertently typed. Below my response


But i have.. You just don't get it.. anyway your opinion to you and mine to me
PoliticsRe: Osinbajo: God Made Me VP To Serve Nigerians As President by sonofElElyon: 8:39am On May 08, 2022
Reference:
Playing games with Nigeria and her hapless citizens for 7 years??
Put them in any functional democracy anywhere in the world and the ruling party will be swept out wholesale at the next polls.
Can you imagine this kind of crass, insensitive statement when all the indices of life and living are tanking
Is Nigeria for them or for the citizens.
You are given power to 'change' and you claim you are 'bidding time'....
I don't blame them.
It is the weakness and ignorance of those they claim to serve that they have the nerve to imply this.
You simply don't understand the dynamics in your own (insane) clime.. no problem.. when (if) he gains power he wouldn't have to be docile to buhari.. until then it must be so. Upon assumption of office he would become his own man because he would then be the most powerful man in Nigeria.. even Machiavelli's The Prince and the 48 laws of power attest to the fact that you can be swiftly destroyed if you prematurely oppose an absolute ruler (don't be deceived, we are not currently practising democracy and buhari is an absolute ruler)
PoliticsRe: Osinbajo: God Made Me VP To Serve Nigerians As President by sonofElElyon: 8:22am On May 08, 2022
lexy2014:
You haven't answered my questions:

who are the hawks?

so you are telling us that osinbajo will always cower and run from a fight because of the fear of what he will loose?

are u saying that osinbajo will never make any sacrifice for nigeria if his personal ambition is threatened?

are u saying that osinbajo would allow nigerians to suffer instead of him speaking out and fighting for nigerians just because of his personal ambition?

is such a person fit to be president of nigeria?
But i have.. You just don't get it.. anyway your opinion to you and mine to me
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 7:31am On May 08, 2022
RabbiDoracle:
This was the post that started the admonition.

This first post showed that you were about making decision to buy something 'toxic' perse.

And your attention were drawn to the fundamentals of what you want to buy. Maybe you got upset when you were referred to as ponzi investor. This shouldn't make you have such hard feelings.

Now you talk of Mcy supporting people. Do you know she lost money trading Skyebank (when it was nationalised on Sunday morning) after people warned her about the same fundamentals that Unity Bank is exhibiting today?

I do not think it is a cabal thing being created. They are only helping you to make an informed decision. One poster even said you should set your money ablaze instead of buying the stock.

Can the stock rise due to uninformed investing? Yes. Can you make money using technical analysis? Yes. But they are just drawing your attention on the fundamentals of this bank which if all that applied to Afribank, Union Bank, Bank PHB, Skyewere to apply to this same bank, you will not be happy.

We knew this bank since SLS time o. So no be today the bank don dey like that. It has political clout.

It is not a cabal thing. They are only telling you to be careful.
I noticed myself something I considered a warming signal ! Obviously i didn't want to invest without explanations regarding this.. insulting me isn't the way to go please.. Someone telling me to burn my money instead of investing isn't an insult.. it's simply emphasizing how worthless and money wasting the investment would be. Saying i invest in ponzi on the other hand is downright insulting.. I don't talk to people that way and won't be spoken to like that either.. same way someone here said i must be high for listening to Peter's advice. The same mercy and co jumped to the person's defence.. I maintain my position that blind loyalty operates here.. if not let me see you correct Emmanuel ewumi for saying without proof that i invest in ponzi scheme and digital agric !!!
PoliticsRe: Osinbajo: God Made Me VP To Serve Nigerians As President by sonofElElyon: 7:23am On May 08, 2022
lexy2014:
who are the hawks? so you are telling us that osinbajo will always cower and run from a fight because of the fear of what he will loose? are u saying that osinbajo will never make any sacrifice for nigeria if his personal ambition is threatened? are u saying that osinbajo would allow nigerians to suffer instead of him speaking out and fighting for nigerians just because of his personal ambition? is such a person fit to be president of nigeria?
Why should he lose his shot at the presidency by prematurely opposing buhari's policies while still his vice? That is total lack of wisdom. He bided his time which is what any wise person in his shoes would do
PoliticsRe: Osinbajo: God Made Me VP To Serve Nigerians As President by sonofElElyon: 6:35am On May 08, 2022
Karlovych:
embarassed It must have been sango, ogun or one of the numerous skull mining deities because with the way you and the dullard have completely wrecked the country, even Yahweh would avoid failures like you, spits.
As vice president, If he had opposed buhari he would've been set up or impeached by the hawks. He simply bided his time. He has his own totally different ideas about how to run Nigeria. Somehow I believe what he said. Go and read how he emerged as buhari's running mate. Whether you Nigerians will vote him in is another issue altogether
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 6:30am On May 08, 2022
yMcy56:
Lol. You're possibly not far from the truth sir. smiley

Some people can't just handle the truth and comprehend simple advice.

I come in peace. Happy Sunday @all. smiley
With this you have lost my respect mercy. You are nothing but a "behind licker". Someone posted the results of unity bank and I asked for explanations regarding meaning of comprehensive net income which was in the huge negative and which I thought wasn't a good sign.. that makes me a ponzi scheme investor right? That's why Nigeria is the way it is. Blind loyalty. You never went through my earlier posts but jumped to support your lord and master. You also clearly didn't take into cognisance how other respected members of this thread politely responded to my request for explanations regarding the audited result. Used to hold you in high esteem. Apparently I was wrong. Some of you guys want to create some sort of cabal here.. Good luck to you..
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 1:43pm On May 07, 2022
emmanuelewumi:
Unity Bank with a negative shareholders fund of about N200 billion.


I am sure you also do Ponzi Schemes and Digital Agricultural investments, to the extent of having Unity Bank in your radar
Read your comment again and ask yourself if someone of your caliber and supposed intelligence should be typing such trash
You should learn from Samguru and ololufemi and emmasoft
SportsRe: Ronaldo, Fernandez, Salah Lead FIFA Premier League Team Of The Season by sonofElElyon: 12:26pm On May 07, 2022
obembet:
FIFA 22 Premier League TOTS squad confirmed featuring Mohamed Salah, Cristiano Ronaldo and Fernandez

Latest FIFA 22 as the FIFA 22 Ultimate Team (FUT 22) Team of the Season (TOTS) Premier League squad is revealed, with players from Man City, Liverpool, Man United and more.

EA Sports have released the Premier League Team of the Season (TOTS) squad in FIFA 22, featuring the likes of Mohamed Salah, Cristiano Ronaldo and Heung-Min Son.

The FIFA 22 Premier League Team of the Season (TOTS) squad was revealed and released into packs by EA Sports at 18:00 PM BST on Friday, May 6 2022, with the final squad chosen by the FIFA community.

Liverpool and Manchester City players dominate the squad that also features Manchester United's Portuguese duo Cristiano Ronaldo and Bruno Fernandes.

The Team of the Season Promo awards the best performing players around the world with special, heavily boosted player items in FUT 22. Mohamed Salah and Cristiano Ronaldo lead the Premier League TOTS squad as the highest-rated players, rated 97 overall.

Along with Salah are some of the worlds best players including Liverpool's Virgil van Dijk, Trent Alexander-Arnold and Alisson, Manchester City's Kevin De Bruyne and Joao Cancelo and Spurs' Heung-Min Son. The 15-man squad features six Liverpool players and five Manchester City players, highlighting the impressive performances from both teams this season.

Source: https://twitter.com/premierleague/status/1522622270648242178?t=FOgNT1rbwHoTwEFKn7h2aw&s=19[/quote]Rolando kooo, o so mari Rolanre Rolanmi Rolanfa Rolanso Rolanla Rolanti ati Rolando the 2nd

grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 12:20pm On May 07, 2022
ololufemi:
Hard truth spoken by @Samguru regarding Unity Bank PLC. Don't view it in any other way than a brother telling you the hard lined truth.

I could say it in a subtle way though. It will be more beneficial for you to take that money and use it to lodge at Lagos Continental Hotel, enjoy the skyline view of Lagos as well as enjoy the sumptuous dining, music and the ambience available there.

For a fact, plenty babes go wan join you for the period you dey there because it will bring better memories than what buying Unity Bank PLC shares will do to your psyche.

The Bank's shareholders funds are deeply in the negative territory and from their shareholding structure, AMCON practically owns that bank. They will be unable to sell for as long as the political heavyweights are still around. Even the heavyweights are not willing to inject funds to rescue the Bank from its precipitous situation.

You may be thinking about being speculative but it is a dangerous game with that Bank. The moment the influence of those political heavyweights disappears, the bank will likely follow the path of Skye Bank PLC or Bank PHB PLC.
Clearly understood.. hmmmm.. will observe cautiously . Moreover no talk of dividend sef
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 11:58am On May 07, 2022
ositadima1:
Earning per Share reads 27.15 kobo

Profit for the year = #3,173,254,000

Number of outstanding shares = 11,689,337,942
Then why us price soooo lowhuh
Should've been moving up based on quarterly results..
Something ain't right...
huh
Science/TechnologyRe: See The Crocodile I Killed This Early Morning During The Rainfall by sonofElElyon: 11:41am On May 07, 2022
Hezzyluv:
can't imagine myself touching this animal, let alone eating it.

It's damn.. irritating.... lipsrsealed
If it irritate u, let's gather here.

The skin can be use for confirmed pair of sandal tho.
Threat to wildlife sighted
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:23am On May 07, 2022
sonofElElyon:
But total comprehensive income net of tax for the year is in the negative to the tune of -N743,659,000. What is the impact of this please? Can anyone explain before I end up buying the shares and losing money! Heeeeeeelp ! The eps is looking good but this net total comprehensive income is worrisome.. will the price go up or down on Mondayhuh
ositadima1:
I think those lines are OCI, Other Comprehensive Income. Probably a negative change of the fair value of d debt instruments they invested in. As long as they are holding, no problem.

Below is a description of OCI:

"Other comprehensive income is those revenues, expenses, gains, and losses under both Generally Accepted Accounting Principles and International Financial Reporting Standards that are excluded from net income on the income statement. This means that they are instead listed after net income on the income statement.

Revenues, expenses, gains and losses appear in other comprehensive income when they have not yet been realized. Something has been realized when the underlying transaction has been completed, such as when an investment is sold. Thus, if your company has invested in bonds, and the value of those bonds changes, you recognize the difference as a gain or loss in other comprehensive income. Once you sell the bonds, you have then realized the gain or loss associated with the bonds, and can then shift the gain or loss out of other comprehensive income and into a line item higher in the income statement, so that it is a part of net income"


Copied from a random Google search...
Thanks for your response.. but the unity bank statement says it's comprehensive NET INCOME..

Kindly check it out below on page 24 (profit and loss) and share your thoughts

https://doclib.ngxgroup.com/Financial_NewsDocs/35987_UNITY_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_F.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon:
Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/35987_UNITY_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_F.pdf
Unity bank result is out.
FBNH are you seeing what am seeing?
But total comprehensive income net of tax for the year is in the negative to the tune of -N743,659,000. What is the impact of this please? Can anyone explain before I end up buying the shares and losing money! Heeeeeeelp ! The eps is looking good but this net total comprehensive income is worrisome.. will the price go up or down on Mondayhuh
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:29pm On May 06, 2022
Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/35987_UNITY_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_F.pdf
Unity bank result is out.
FBNH are you seeing what am seeing?
Will they declare dividendhuh Page 4 paragraph g says no dividend was declared in 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 7:21pm On May 06, 2022
Agbalowomeri:
52 week low
Bros almost all these stocks can best be described as jagbajantis.. except access
InvestmentRe: Opera Web3 Browser Now Support BNB Chain To Enable Assets Trading by sonofElElyon: 7:03pm On May 06, 2022
coinsazette:
The Opera web browser has added support for the BNB blockchain on its ‘crypto-friendly' platform. The integration will allow Opera users to buy and sell the Binance token and store their assets in its in-built crypto wallet. The integration will also provide access to decentralised apps (dApps) such as PancakeSwap, 1inch, and BiSwap, among others. As per Opera, this partnership with Binance blockchain will increase Web3 adoption among more people. The web browser team has also released an official update on the Opera blog.

“Opera boasts 350 million monthly active users globally, making this a partnership that has the potential to take Web3 adoption to the next level,” the blog post said. “Onboarding to crypto and interacting with dApps, gaming, cryptocurrency, and metaverse platforms on Opera's browser is customised for new adopters and experienced Web3 users alike.”

Web3 is the next leg of Internet as we know today. Largely based on the blockchain network, Web3 will support 3D experiences such as the metaverse and non-fungible tokens (NFTs) among others.

Retrieved from Coins Gazette
https://coins-gazette.com
Price of bnb should appreciate
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon:
ololufemi:
I feel that there are better options in the market for now and even down the line especially when you consider dividends yields and growth trajectory in revenue terms.

When a company has challenges releasing its result when it is due, it signals a red flag for me.

Our elders on this platform have spoken so well about other companies that have brighter prospects in the medium to long term.
Okay.. just seems like the quarter results looked good

Abbey Mortgage Bank Plc reports gross earnings of N2.7 billion in Q3 2021
27 October 2021 Ajibola Akamo Results
Abbey Mortgage Bank Plc has released its unaudited financial statement for the third quarter ended 30th of September 2021.

Gross earnings during the period stood at N2.7 billion (+147.49% YoY)
Interest income during the period was N2.4 billion. (+137.5% YoY)
Interest expense for the period was N1.1 billion. (+116.8% YoY)
Fee and commission income during the period was N48.9 million. (+269.35% YoY)
Net operating income of N1.56 billion was recorded. (+220.59% YoY)
Profit before income tax for the period was reported as N592.9 million. (+241.92%)
Profit after tax for the period was N474.3 million. (+212.09%)
Loans and advances to customers for the period was N6.7 billion (+40.29 YoY)
Total assets during the period stood at N31.9 billion. (+13.b bn YtD)
Earnings per share of N9.79 kobo Vs -N8.73 kobo.

https://stocks.nairametrics.com/2021/10/27/abbey-mortgage-bank-plc-reports-gross-earnings-of-n2-7-billion-in-q3-2021/

Emmanuelewumi
Current price
Onegentleguy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 10:13am On May 06, 2022
ololufemi:
People will just have to wait until they decide it is ready because na the VFD Group men dey control that company currently. Their former Managing Director just got appointed into the board of the Federal Mortgage Bank of Nigeria Limited recently.

They also purchased shares worth above 5% holdings in the NGX PLC this year.
Thanks bro.. you think it's a good buy now?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 7:23am On May 06, 2022
When is Abbey mortgage bank going to release its final resultshuh They said it would be released end of April and they failed so to do
PoliticsRe: Ugwuanyi Receives Bubari At Enugu Airport by sonofElElyon: 3:25pm On May 05, 2022
wallstreetnews:
Governor Ifeanyi Ugwuanyi of Enugu State formally receives President Muhammadu Buhari, as he arrives Akanu Ibiam International Airport, Enugu, enroute Ebonyi State, for an official visit.

Governors of Ebonyi and Imo states, Engr. David Umahi and Senator Hope Uzodimma respectively, former Governor of Ebonyi State, Senator Dr. Sam Egwu, former Governor of Enugu State, Sullivan Chime, Deputy Governor of Enugu State, Hon. Mrs. Cecilia Ezeilo, Speaker of Enugu State House of Assembly, Rt. Hon. Edward Ubosi, Senator Uche Ekwunife, Rt. Hon. Nkeiruka Onyejeocha, were among the dignitaries at the Enugu Airport to receive Mr. President.

#EnuguStateIsInTheHandsOfGod
#amokelouis
Bubari ko, Sokotori ni
grin
CrimeRe: Ritualist Dies While Waiting For Human Head, Wrists In Ilorin by sonofElElyon: 5:33pm On May 04, 2022
illicit:
shocked

May his soul not rest in peace
Many his soul burn forever in the infernal blazes of the nethermost parts of hell
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 12:10pm On May 04, 2022
onegentleguy:
Except for FIDSON, we have since highlighted the immense potential in the other coys many times here.
...they are all on full bid now.
Some folks thought that CADBURY, PRESCO OKOMU were expensive @ <N8, <N90 and <N100 respectively.
Others were looking at CHAMS @ 20k despite the many highlight. (see post above)

They will still be looking at INTEBREW until it runs hard. smiley wink cool

Btw, where is that dude that wanted to sell off his CHAMS. ...oya come and pay ur tithe now.
No stories oo!
grin smiley wink cool

It is well.
grin grin grin

Thanks for saving me from another panic sale like transcorp courtesy Peter grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 8:28am On May 04, 2022
onegentleguy:
CONOIL...
Proposed div: N2.5
QD: May 30
CDR: May 31
PD: Yet to be communicated.

Do take care.
My broker said price has already reacted to the dividend declaration..
European Football (EPL, UEFA, La Liga)Re: Villareal Vs Liverpool UCL (2 - 3) On 3rd May 2022 by sonofElElyon: 2:27am On May 04, 2022
Wordson:
e don end in dir favor na, u no see?
When a team lacks d stones to get sth done, so na luck go take dem to final?
See your mouth like someone who chop sh*t
grin
European Football (EPL, UEFA, La Liga)Re: Villareal Vs Liverpool UCL (2 - 3) On 3rd May 2022 by sonofElElyon: 9:57pm On May 03, 2022
slawormiir:
Damnnn niggar

Although villareal lost

But they won our heart

Welldone boys
Disappointed! Was rooting for them.. truth is they don't have character.. just collapsed in 2nd half. Methinks they were only able to have the upper hand in the first half because Liverpool was told by jurgen to protect their first leg advantage.. by the second half Liverpool knew that they would be eliminated unless they played their attacking football.. was really hoping that it would end in favour of the underdog
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sonofElElyon: 9:49pm On May 03, 2022
onegentleguy:
CONOIL...
Proposed div: N2.5
QD: May 30
CDR: May 31
PD: Yet to be communicated.

Do take care.
You do not recommend buying conoil sir?
Foreign AffairsRe: Biden Reacts To Overturn Of Abortion Rights By Supreme Court by sonofElElyon: 4:41pm On May 03, 2022
FeliciaOja:
I fully support Abortion.

imagine if Putin was aborted,
Imagine Nnamdi and Simon aborted
imagine if buhari was aborted
imagine if tinubu was aborted
Imagine if helinus was aborted

The world will be living in Peace
What if you had been aborted huh

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