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Zagee's Posts

Nairaland Forum › Zagee's Profile › Zagee's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 2:55pm On Nov 08, 2024
At this rate, the market is waiting for FY24 side notes wink for the insurance sector.
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The question is "who wants to wait and find out?" grin
😂
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:38pm On Nov 08, 2024
NoToPile:
Just got one of that 2 days ago. It's now expensive though. Those that use with prepaid attest to it's friendliness with prepaid compared to the high price of gas.

Have not really used for long sha, I was told to check the consumption on the prepaid after usage.

Has adjustable wattage, even when on 600watts the heat is okay and it cooks. Considering I am on band B it's very okay fa.

Range of mine is 100-3000 I think, but what do you need the heat generated from 3000w, that's too much at 900w the heat is much.
Other than getting my beans ready in 30 mins, I can't tell. 🤣🤣
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:26pm On Nov 08, 2024
puremaker7:
Yes you right, the only problem is you can't use aluminum cookware on the cooktop..
If its cooking over gas or electric heater, everyone (that can afford it) needs an induction pot for that "hard to done" meal.
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:19pm On Nov 08, 2024
bobbiiee:
It is not meter-friendly. I recommend it for those using estimated billing. I have the 4 burner rated 6600W. I also have the 2-burner, which wat I can't ascertain because it's been cut into 2, and the control knobs have been removed.
See your power rating with damaged knobs. Why you no go shout "Its not friendly" 🤣🤣


See your maths running that thing for one hr on band A:

At #200 per unit it is
6600 ×1 = 6600wh= 6.6kwh= 6.6unit

6.6 ×200 =#1320 for 1hr of cooking
I'm assuming you run it at full blast with the lack of control
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:13pm On Nov 08, 2024
puremaker7:
Get yourself and induction cooktop and thanks me later, cheaper than using gas
A good hack wink. Any induction material helps you cook faster at lesser energy cost.
So an induction pot could for instance use the same energy for the stove and cook the beans in 1 hr instead of 2.
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:13pm On Nov 08, 2024
Ishilove:
Anything that converts electricity to temperature dey chop units. Forget any English
No be english, na just basic maths grin
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 2:04pm On Nov 08, 2024
GloriousGbola:
the rating from this is 2000w

2000w is more power than an ac.

you also need to be aware that it is a chinko product and you cannot trust its documentation. it may actually consumer more or less than 2000w in spite of what is written
For Band A users: If you run a 2000w rating for 2 hrs cooking beans, this is the cost:

1unit = 1kwh or 1000wh = #200

For 2000w for 2hrs of cooking beans:
2000 × 2= 4000wh = 4kwh

But 1kwh = 1unit = #200

So your 4kwh=4unit: 4 × 200 = #800 for 2hrs usage!!
Food › Re: Is This Electric Cooker Really Prepaid Meter Friendly? by Zagee: 1:47pm On Nov 08, 2024
Pickmycall:
1000 watts is energy consuming.
.... sorry coming back with the factor.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
essentialone:
One of the worst performing stocks for the year is on Full Bid. Thomas Wyatt. Already lost 35.20% of its price this year. Set for a Turn around?🤔
I just looked up the coy. Paper printing. In 2024?😬 Nice client base though.
Oh well, they've just had the best revenue in over 4 years FY23. Net profit still short, but improved Y on Y. That's how much I looked at it. Can be illiquid too.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:09pm On Nov 07, 2024
designking:
There seem to be an unspoken price target for Oando shares which is above ₦100.
For the sake of our sanity, let us stick to circa 100 grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:14am On Nov 07, 2024
Verily, I say to you, you shall be insured in due season. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:46am On Nov 07, 2024
emmanuelewumi:
You sure say you get the liver. UBA wey I dey average down from N4 down to N2 that year.
🙆🏽‍♂️🙆🏽‍♂️🙆🏽‍♂️Wow! I can only imagine!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:45am On Nov 07, 2024
KarlTom:
Most sellers were people who bought around ₦40 and were skeptical of losing their profit...

Meanwhile the buyers were waiting with sharpened cutlass grin
The size of the cutlass really matters.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:33am On Nov 07, 2024
Zagee:
I don't follow the market again. You people have given me 75% paper profit in RT grin. What's going on here grin

Oando is now giving me sugar daddy vibes🤣.
*Circa 50. Strategic level.* 🚀
August 27, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:31am On Nov 07, 2024
emmanuelewumi:
See UBA at average cost price of N2.28k.

She for take loan to buy ar least 1 million units at that price
This is too clean for a portfolio. Very very very safe grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:24am On Nov 06, 2024
mikeapollo:
Can you shed some light on this? Any antecedents?
Trump generally likes cheaper energy cost mostly for manufacturing. So he enjoys pumping more oil into causing over supply and lower oil cost. This helps maintain his proposed cheap energy for Anericans. But for a Nigerian context we don't produce enough, so coys are bound to have reduced revenues in the event they don't significantly improve output. Mind you, you're dealing with a man who doesn't "believe" in Climate action and is so bound on drilling in the Antarctica region😂😂

For the government, I'd be tempted to see how T-Pain works with a $50 oil benchmark for the budget. Perhaps the tax collector will finally strangulate everyone with tax.😂.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:08am On Nov 06, 2024
megawealth01:
Goodnews for my crypto fortunes
grin
Investment › Re: Us Stocks Pick Alert by Zagee: 9:32am On Nov 06, 2024
It's Trump O'clock!! 🚀 🚀 grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:31am On Nov 06, 2024
It's Trump O'clock. Oil prices and effect on our budget. grin
Politics › Re: Lakurawa: Foreign Armed Group Luring Our Youths With ₦1M – Sokoto LG Chair by Zagee: 8:39am On Nov 06, 2024
Why won't they? Young people are looking for money to revitalise businesses, the FG is busy doing Maradona with MSME financing. As for the state, I hope you're trying to do 500k oo. Cuz at this rate, you know who's winning.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:49pm On Nov 04, 2024
Trojan8:
Why are you also overlooking the fact that half year profit in 2023 was almost double of the full year profit for same year? If something similar happens this year then last year's PAT would be at least x2 of this year.


People see what they want to see.
Ok. Ba dama.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:31pm On Nov 04, 2024
We are also going to overlook making full year profit in half a year.

Ok ooo...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:45pm On Nov 04, 2024
KarlTom:
260 cool
That 260 can be the new share price oo grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:35am On Nov 04, 2024
Raider76:
What am I seeing here?
Quarter on Quarter administrative cost reduced significantly. Let's see Q3. Debt na your mate. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 2:44pm On Nov 03, 2024
His words
emmanuelewumi:
I waited to see a turnaround in Oando for 2 years between 2013 and 2014
He has every right to speak to Oando in whatever manner he likes. The Dave2011 guy needs to calm down.

But for me, if my company starts making profit and I sit on 73% share of the company, I should be marketing to prospective investors and pitching future value to them. Equity all the way.

BullBearMkt:
I cannot agree less with you. The old @emmanuelewumi that I knew "talked" less; he shared his opinion with a few posts, after which you either took it or left it. His recent posts on OANDO may have more to do with personal vendetta.
grin grin grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee:
From our analysis-paralysis, we have valued Oando at circa 100. What do you think Team Oando will value it for in equity for 1b shares?

This way might be a good way to retain value, cuz a right issue might be antagonistic for minority shareholders.

Is Wale really that cruel?? grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:02pm On Nov 02, 2024
megawealth01:
You are avoiding attacks ba? grin
I can handle bullets from a 9mm. Let's not go beyond that. grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:41pm On Nov 02, 2024
ositadima1:
Oga Emma's argument is that the majority shareholders (owning more than 70%) will take advantage of the minority shareholders by recapitalizing the company in their favor. If na only this him talk, i for jejely keep quiet. shocked shocked cool
In all of this. I think staying in the middle with the argument of Oando will be better. Turning a corner with the profitability, but again backlog of debts. Making necessary interventions here and there. Raised 1trillion already through debt this year. So it's finally down to recapitalization: the question is how? Right issues or trading a % of their 70% holding. Either way, it's clear fresh capital is needed. Waiting for 2024 results is just one way to be cautionary. Those "who know Wale" will be selling off by Monday(if suspension is lifted) and those who don't know will want to find out what path to recapitalization.

Let everyone do as pleased. 😌
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 8:27pm On Nov 01, 2024
Oando snippet here and there grin.
I need to view this result on a 55inch screen. Better visuals they say.. grin

Happy weekend!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:00am On Nov 01, 2024
Omooloriredade:
Veritas 9mths vs 6mths results is a clear example of this. They can get hit by claims that wipe off previous gains. Some insurance companies are just perennial under-performers in this regard. Not saying Veritas will or won't break out of the rat race. My point is to be cautious with their results and not make unrealistic projections based on one report. Personally, I'd only take short term positions.
Valuable insight.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:08pm On Oct 31, 2024
Access Hong Kong branch for the Asian market grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:32am On Oct 31, 2024
Did any one notice the warning on PFAs to not engage CPs??☻️

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