₦airaland Forum

When I saw more pages in few hours compared to yesterday I know say one or two dey move

Intendy:
Stocks with new 52 week lows

RT briscoe #0.21k

Deap capital #0.40k

Arbico #4.32k

Medview airline #1.62k

all these stock still dey trade for nse

Snipper007:
Aboki no fit do yahoo cos em sense dey limited to some things

OK lies and dubiousness is a measure of ones sense?

Gozzzy:
Men must blow for this December o. You blocked border and made the prices of things to spike while allowing people's pockets to keep depreciating... What do you expect.... We no go allow hunger kill us naa

. Normal Thinking from an average specie in the jungle

mendes911:
6 millions unit available at N7.50. Where are those that "missed" the wonderful bus at N8, you can board now and collect 50kobo change.

me I don't even understand the whole movement again. Has trading hours been extended to 2:30pm? I thought all entries ends by 2:20pm according to the last NSE amendment? Am surprised to see the price changing while others are static

Seunn11:
Loco is a respected member of this forum. God bless him/her for the maturity.

Shape shifters and reptilians shall soon face the music. All evil bots should take note.

both gentleman are respected members of this forum and my persons. Abeg make una keep the peace and let's make progress. Locodimius loco and OGG beke. ji kwa nu nwayo

onegentleguy:
I just logged in to witness the ranting of a senile fellow.
Why are u folks begging that half-baked being?
That dude is a jenus-face whose precedence paints of no less than a deceptive personality !!
If he is not called to order, people like him can infest the very true essence of this honourable forum. He has a very bad antecedent.
My 1st revert was for him to explain or at least point us to how the management of FCMB had played pranks with shareholders. Now what a sensible person would've done to show that he wasn't blabbing is to take me up on the matter... so with laid down FACTS, we can peruse in totality the banks financial print.
...but because it was his usual blabbing, he couldn't.

When someone puts out ludicrous computations or baseless assumptions, they should be corrected. ...and where they continue to do so, then they should be called to order.
But for anything, for the sake of the new and susceptible ones in our midst !!
This place is NOT for bogus miscreants who parade themselves as what they are not.

I stand for the TRUTH and nothing more but it.
...and I am not one that can be threatened !!
@ Locodemy how and where do u want the offline thing u so badly blasphemed about?
...tell me; Just how DO U WANT IT !!

As I said before, I know a bit of u... but unlike u, I do not need to rant to ACT !!

u guys are funny

nna777:
Just finish watching business morning. This MPR meeting today will determine everything going forward (FDIs, Inflation, Inflow viz outflow) etc.

Today's market might be sluggish.

We are observing.

. E no determine am before na today e won com determine am

Cindycruzz:
Source: https://www.paulgeek.com.ng/letter-to-all-yahoo-boys.html

. Majority of the idiots are deep sunk in it and would not agree or see reasons with u. Its their own version of civilization and technological advancement. And they are quick come up with fantastic and yet dumb excuses like: ehm when d black chiefs sold my great grand father in exchange for gun powder. Ehm ,ehm our leaders are bad.

Heishere:
According to Cutix's announcement, they are planning to acquire adswitch plc. Gurus in the house what is the impact of the news on both companies' share price?

. What is the difference between this and what onyema of peace airline did

Valueinvestor:
My oga that stock has done well for you o,if you bought at 12, cos it got to #24 at some point(thats cool 100%).All boils down to time spent in the market,then knowing when a stock overpriced and underpriced.
When i sell a stock i try to leave a unit or 2,then see what happens to the stock in the next few months/years.This gives me insight as to whether,i sold in a hurry or i slept over the stock for too long(this may not work for everyone)
I still insist that, zenithbank is a stock worth having in ones portfolio(Even at current price),but definitely not the ONLY ONE.The upward potential far outweighs the downward risk

oga I bow for ur patience o. U must be a Methuselah for u to leave it for years

Ovamboland:
This is not true, Nigerians generally don't have tax paying culture. All of the self employed people I have asked non of them pay any kind of government income tax or business profits tax.
Apart from some licences and fees to local government and payments to street toughs, protection money, omoonile, etc

. That one no be tax too? From Iyana ipaja to Ojuelegba u will see boys collecting money from danfo drivers. In a day some pay up to 2k

Kolping:
Download your tax identification number (TIN) certificate from this website

https://tinverification.jtb.gov.ng/

You will need to supply your date of birth and BVN or National ID Number.

. Na him be say banks go loose many informal customers be that.

jideflash:
please o. whats going on with Cornerstone Insurance. Now selling at 84kobo, from 20kobo in september
thats a whopping 320% increase.

Can someone start pushing Sovereign Trust Insurance like that.

lowest price was 33k

Ugosample:
na wa o

Tax identification Number?

wtf?

So what of those who live outside the country but operate our accounts in Nigeria

. U show the one u are paying over there. Meanwhile any money u wire into the country attracts some tax

onegentleguy:
Imagine someone asserting that UNITY bank could pay a dividend in the near term and even comparing it to WEMA !! ...a bank(WEMA) that performed even better than a few banks(including one 1st tier bank) in one of its KEY efficiency line.
Pls lets always remember that someone, somewhere, might innocently act on what we put out here, so it's important to always season our post with FACTS.

Looking @ the coys spate of financial print, UNITY should've long been a distressed entity !!

1st off, the banks OHLSONS O-SCORE shows that there is an extremely high risk of default(distress risk in view)
...current score shows that the bank should have gone under.
Infact, JAPAUL(@ its current state) and the 'late' SKYE BANK(before it was bridged) are better off than UNITY.
I dare say that if UNITY is still in existence, then SKYE should 'naturally' not have been bridged !!

Again the coys ALTMAN Z-SCORE points to a high credit risk weighting with a wide negative value drive behind the current price.
The only reason why this bank haven't gone into extinction is probably because of the influence of what I call the political gladiators(mainly from the north) behind it.
Perhaps the bank is used as a medium to 'play out and achieve other things' for them.
The other day, I saw what looked like an abandoned mosque as a branch of the bank in one of the highbrow areas of the city of PH.

Now let me reveal a few shocking lines from their last financial print(Q3 in view)

...a brief;

Assuming a run rate of their reported PAT(approx N1.48B) is grown by that margin YoY, it will take the bank near 23 yrs to offset its RE position and start issuing a dividend.
...and assuming the same run rate(pat growth) is maintained and a share reorganization exercise(similar to the WEMA style) is carried out, then it will take the bank over 8 yrs to pay a dividend !!
So perhaps the expectation of a dividend(as cashflow reward) should be for one's kids should they decide to align with UNITY as a dividend growth stock now.

Again the liabilities line shows that UNITY is on a life line.
When u see issued debt/borrowed fund and inter bank debt growing @ 5x and over 2x the rate from that of deposit pool, it describes a grossly distressed bank !!
It's clear that the CBN is...
It also clearly looks like when u do some math(add and subtract a few figures), u'll get an interpretative line that highlights the high risk of even banking with UNITY.(deposit pool in view)
The interpretation of this is that it's even dangerous to associate with UNITY as a cus*****, much less the situation as a shareholder !!

Elsewhere, the anatomy of the banks cashflow statement shows a 'messed up' entity.
Wouldn't want to say much so I wouldn't appear to be demarketing the bank... but there are quite a few very worrying RED FLAGS.
The only possibility of a swift turnaround would be if an investor comes in to pick up the 'carcasses' and bail out the bank.

Bottom line: UNITY should be avoided !!
While u might probably make money speculating on it, u could possibly lose more !!
Remember;

"When a company within the stock market wants to quickly dispose of 'a building without a foundation', it auctions it to a SPECULATOR.
An INVESTOR stays far away... a TRADER watches on... but it is the SPECULATOR who eventually buys the auction."
~Sinclair

"The danger with SPECULATING in the stock market is that it is an adversary to any clear Investing STRATEGY.
...and often times, 'it is neither here nor there'
With 90% of the act, it is just like attempting to invent an idea that is already obsolete."
~Sinclair

NOTE: NOT a recommendation. When in doubt, do well to seek the services of a reputable investment manager for advise.
My advise: Just follow ur instinct.

oga u can do well as financial analyst for CNN and channels TV so that we can feel u wella

RabbiDoracle:


Price is key to making money on NSE. Once your entry is right, the money that will accrue will wound you

but in that age and time it was one of the highly rated blue chip stock. The caliber u ogas always endorse about. So I balanced gijigba with confidence and hope that it will bounce back shortly. Not knowing I was on hopeville

meshpips:
The buy recommendation for WAPCO was even given here.

. The same stock I bought for 95naira and it dropped to 30

currentprice:
U said all dis stock listed already in ur portfolio now

my advice on what to buy now is to go for zenith. Could have say uba but uba below 6 will increase ur capital better but has gone far.
If u must buy. Buy zenith.
Not that uba is not good at cp o but uba has done like 20% from d bottom why zenith is still doing below 6%

. The million dollar question is how much has it lost before hitting year low?

frowland:
Never will their be a vacuum. Once they vanish, indigenous companies will fill in the blank spaces. Enough of this foreign companies milking us dry.

. Well I hope it wount be like May and Baker case

leathalbeast:
answer the question and stop deflating, will Nigeria survive an economic war with west Africa?

yes it can. Its the largest single economy in the subregion. It is centrally located, not landlocked it has about 13,000 sqm sea stretch. And can either decide to do business with north, east or south

leathalbeast:
I can confidently tell you that Nigeria won't survive an economic war against west Africa. Do you know the number of Nigerians living in west Africa? Do you know how much they make from exporting to west Africa ? I dare them to try it

is Ghana west Africa?.what u should know is that the freedom other nationals enjoy in nigeria with out any form of molestation is not of equal measure with Nigerians in other countries

hisgrace090:
Reducing the prices of cement and iron rod is the solution for now.

The masses are in seriouse need of accommodation as prices of building materials keeps increasing daily.

Its either they build for the masses or reduce the cost of building.

stop making excuses for mediocres and mediocrity. Even if u bring the price to 200naira greed will still overtake some people. To cut cost they should have reduced the building size and dimension and increased quality.

medolab90:
Delete this it doesn't make sense

OK u are saying that criminals should not be identified? Becos an average person has skeleton in his cupboard?. In other countries they have something similar. Do u know some of these terorist are foreigners?

vincentjk:
Africa abeg who do us this thing sef

lol

zoba88:
A tanker loaded with diesel fall close to Isiala Mbano LGA headquarters, Umuelemia while entering Fred Iyke filling station.Some residents of the area were seen scooping diesel while others people scurried for safety.

Relevant authorities should get there to avert disaster.


Source: http://www.trezzyhelm.com/2019/11/residents-troop-out-to-scoop-diesel.html?m=1

if it was petroleum disaster for don shele

Kelvin30286063:
It's a good development. It happens in advance countries so why should we be different. If a police officer stops you either on the road or the walkway (in US and Co) the first thing they ask is 'can I see your ID please?' They expect that you must carry an ID which will serve as your first way to defend yourself against mistaken identity and the only way to confirm that you're actually who you said you are.

no mind them. Na their guilty conscience dey worry them

Mcy56:
No single Nigerian/African among the board and they will still target our market shey? Dem try.

. No be tribalism we need na efficiency. Let them proof themselves. Though make some witches around no saboteur o

New and very sweet roomself contain now letting at palmgrove/ Obanikoro area. 3per anum. 1 and half year demanded. Location is very accessible to the island.

Drkeo:
Might be related to a case

which case. Na today

PharmAlfred:
http://www.nse.com.ng/Financial_NewsDocs/27965_LIVESTOCK_FEEDS_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

These guys are out of the woods.

why do u think so? Abi buharinomics gave them a boost

klax:
Bro he is a goat. I'm sure those 3 of his kids are part of his commanders probably training them to take o we from him I guess but thunder fire them all.

How can a bloody mortal man in the name of religion believe he is the right one to fight for God if not these animals are demons from the pit of hell.

Bastards!!!

don't be surprised. They simply transmuted to paradise. May be at heavens gate right now laughing at us