₦airaland Forum

Vision4God:
Our leaders do not have idea on how the masses survive. If only they put themselves in the masses shoes, they would give up their exotic cars/lifestyle.

Whats difficult in crediting everyone with BVN/account 25k monthly ?

Na the sharing of cash and food items dem like ....

So dem fit steal every single items...

femi4:
Fear fear general

HBD Sir

“It is praiseworthy to be brave and fearless, but sometimes it is better to be a coward. We often stand in the compound of a coward to point at the ruins where a brave man used to live.”

Chinua Achebe.

lancee:
Thanks to Gtb,....Received with thanks

GTB always performing....
Received my div with thanks too...

BlackSpanner:
Who is this person?
How did he/she get into Benue? I just hope the person is not one of those abroad returnees.

Give full details so as to save others

Word on the street says...
Its another UK retunee..

Got one in my compound ..
Plant has some antiviral capacity..
I used 7 grams every 3 days to control...
Newcastle Viral Diseases in my broiler farm...
Works like Magic...

safepaulooo:
Humanity is fighting war on two fronts, COVID 19 and hunger. The decision of UBA to postpone AGM because of COVID 19, thereby holding onto highly needed dividend funds is a decision that fights a war on one front rather than the two fronts currently on ground. People need money to survive the impact of health crisis. So this is no time to lock up much needed funds. If people don't get the funds they need, you end up killing them by subjecting them to hunger. GTB bank has implemented a sound measure of organising a controlled AGM where shareholders can attend either by proxy or online hookup and it caters for the double-fronted war. UBA needs to emulate this as a matter of URGENCY. Organize a controlled AGM and pay out dividends immediately otherwise you could have blood on your hands soonest.

Tony Elumelu and his cowboys...

Noblefirstlady:
You are right I think panic will affect some people even before the virus and I'm one of them. I'm so scared right now I may get heart attack anytime.

Jut try and meditate daily on Psalm 91

You will not fear the terror of night, nor the arrow that flies by day,
nor the pestilence that stalks in the darkness, nor the plague that destroys at midday.

And stay safe

aremso:
everything will be normal soonest, even china has no record of new cases again.

I agree with you...
We are rugged more than Oyibos....
Climate also is different...
We are yet to exhaust our trado medical potential here in Africa...
We have natural plants that have antiviral capacity...

samguru:
This is not the best time to buy stock as the worst is yet to happen(your house is burning and you are saying thank God it's not more than this,can your fathom the magnitude of havoc when the fire is eventually put out?).
The results companies have been churning out were achieved in the era of above $57 per barrel.

Some of you analysing stocks and giving stock picks obviously don't understand the dynamics of Nigerian economy and how petrodollars keep our stock market bullish.
We shall begin to see the impact of this low crude oil prices in the second quarters results as I forsee some of the listed companies will make massive loss if crude oil price remain below $45 per barrel.

The global oil power houses are taking advantage of poor oil demand to settle scores (no thanks to Corona virus) and Nigeria is hooked right now because we are inconsequential on the negotiation table.

If the price tanked further to $25, Saudi Arabia,Iran and Iraq are still making massive profits as their production cost is still below $7 per barrel as matter of fact Saudi Arabia production cost is $4 and is ready to pump higher volume into the market and coast home with massive gains.
Russia,US shale,Non US shale produce at $18,$22 and $20 which imply all the mentioned countries are still relatively comfortable with the current prices.
Come to Nigeria, our production cost is $28 on paper but the real production cost far exceeds $35 due to corruption, inefficiency and wastages in the system and this is the reason our government is under serious pressure to review the crude oil benchmark and will subsequently adjust our budget size.

The likes of FBN,Union bank,Oando,Transcorp etc have not fully recovered from the 2008/2009 financial crises and now another financial crises is starring us in the face.

My investment advice,
1.Avoid stocks from financial sectors(insurance and banks),the bigger the bank/insurance company the greater the exposure
2. Embrace Agricultural stocks as our government at this time will be left with no option than to pump more money into Agriculture since there is no future in oil business again.
3.Health/Drug Manufacturers stock, Government will support this sector to cut down on dollar spendings on medical tourism and foreign drugs.
4. Construction Giants will be affected too,as government will reduce spendings on infrastructural development.

I will continue later....

When do you want to buy ?
When Zenith is N=50 and GTB = N65...?
Or Okomu is N=90 and Presco N=75...?

175:
A whole Sanusi dey say No Comment . . .hmmm you see in this life, fear governmental power ooo

Besides I love his outspokenness.

Sanusi is intelligent ..

Be selective in your battles....

Sometimes peace is better than been right....

veecovee:
I'm still wondering why GTB is yet to be affected ...

GTB don suffer...
Na Zenith turn be dis ..
Dis life na turn by turn...

pluto09:
We have a long way to go....
By April/may, we will begin to see the impact; revenue will have dropped, reserve will be down and the heat will be much....

The key thing is for ...
Russia & OPEC to come out with a truce ...
And oil to stabilze...

PharmAlfred:
Again, which offense did Zenith actually commit? The people selling don't even to back down. The offers are in multi millions.

Thats the same thin that happened to GT...
Now its Zenith time ...

Mcy56:
All offers at 5.65, over 55M offers mopped now.....bids have shown face.....now 5.80.
Na wa oh.

Dem do go beg those guys....
With huge offer...
Make dem relax small...
Who wan buy all those huge offer in the first place
Mad folks

All we need is a drug for C Virus to emerge b/4 month end ...
And Russia get back to the table b/4 month end
And everyone will keep kwayiet....

Lets hope Russia comes to the table ...
With this Saudi price war...
At least with an extension...
Even if they dont agree to the new oil cut deal....

When God said, Be Silent...
And let me fight your battles...

Pls explain steps to set it up and use ...
Whats the delivery cost of one to Makurdi....
For a test trial...

Can you show us a pic?

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/29309_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf

Dividend 40k

These cowboys are damn stingy....

2zona:
They have no option than to push it pass that price, else the post mark down price on 10th March will be ridiculously low and a give-away. My thoughts though.

Seconded!

Toby122:
Hello, Nairalanders, I am 27 years of age and just passed out from service October last year, with a 2.1 degree cert in Geo/Envi Mgt.

My PPA retained me with a pay of 20k just this January they added 5k to my salary.

On Friday I got a call from my pastor about a security job in first bank. To cut the long story short, I was given an appointment with a salary of 40k, and now I am so confused. I have plans to further my education by September this year and am not really comfortable with leaving my current job...

Pls I want your take on this....

Take the bank security job...
Try and pally your Oga to always put you on Nite Shift...
Further your education during the day time...
Also combine it with other side hustle...
Pally your Ogas for other opportunities that may come up in First Bank..
U will succeed...

Hello House, it is my birthday today....
May the Almighty God restore all our wasted years....
He will bless our bread and our water,
And he will take sickness and virus away from among us....

currentprice:
if Gtb can bow to new 52 week today who is fcmb, fidelity, uba, access, uacn, wapco &co this will refuse to bow

i hope not for d shake of pple inside the train

fundamental still remain solid sha

One big boy dey vex with GTB
Plus the already Corona virus wey dey cause wahala
Can recal dat period when Stanbic sold Zenith massively
Zenith came down to N12.50
Ignoring div and fundamental...

PETERiCHY:
63.7m single OFFER of @N23.80
BARGAIN HUNTERS TAKE NOTE!

someone is downloading...
When he is through...
We will start entry again...

mendes911:
Long journey to recovery?

Dont be surprise to see GTB back at N27
soonest
Anythin is possible

mendes911:
They stacked a 14M bid oooo and one useless seller made a mess of their bid.

Did you see the way ...
those huge offers...
Dey disappear...
One by One....

GTB MM rising to the challenge !!

onegentleguy:
I couldn't help but laugh out so loud on seeing this.
Prof is already making use of the 30th century dictionary.

It is well.

Prof don dey visit Patrick obahiagbon
Na to dey carry dictionary
Interprete we dey now

RabbiDoracle:
If you bought UBA at 9.25 one month ago and it closed today at 6.85, this is 26% loss.

If you invested N100m,you have 74m left.

Same with those who bought Access at 12 and now it 9. i.e. 25% loss.

So how can your body not heat up?

And with such a loss and it continues to fall, won't you faint? What if it nears 50% loss. Meaning N50m gone!

Entry is key. Even Ben Graham advised it.

Even B Graham & Warren Buffet had their own big mistakes....

No one on this forum includin B Graham & W Buffet....

Can claim to get his entry right 90% all the time....

A trader that had 100m to trade....

Will definitely had funds in other asset classes....

To reduce the paper losses in equity....

Thats the essence of proper diversification.....

Those that bought UCAP should be smilin in their corner....

FxUser had a regular sayin that if you are not comfortable with a stock...

Reduce your exposure.... thats the essence of stop loss limit....