₦airaland Forum

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Locotrader:
Xmas
Those on Loco stocks now have some money to buy chicken,goats,rams,rice for Xmas.
Travel home safely and enjoy your lots in peace.

We keep watching the market for a new BUY signal either mid or late December.

bastardson:
Thanks bro?

Example please?

I'm not sure on the calendar of T-bills, if its going to be available for one last buy, buy-in, else watchout for Christmas bonanza on any of the UGAZ(banking stock) or Transcorp and lunch a 50% attack.
Get Oando on 25%

Reserved the other 25% till January. Watch like a hawk .

bastardson:
Thanks a lot .. Is Dangote still a good buy, looks stagnant for a while.

If you are to distribute 2.5m amongst them.. What would you suggest. I am sorry for my plenty questions

Take high risk with 25%
Sure up low risk with 50%
Try moderate risk 25%

Come back and rebalance portfolio after 1 year or 6months

pluto09:
We make very little compare to our expenses.
Most of the times,we borrow more to service existing loans.

My goodness!!

BabsO2:
Excessive interest rate is simply a ponzi that helps no government / economy.

I think in economics there needs to be a cap on interest rate beyond which it self destructs the economy. I think anything above 20% is in the destructive range for monetary policy . Ideally it shouldn’t exceed single digit. Once 9% is reached other restrictive policies are needed. But current CBN governor calls that unorthodox polices

Unorthodox indeed.
So I'm thinking they reinvest and perhaps take the returns to work(hence the little to show for) while somehow being able to add to the returns of there creditors

FG sponsored ponzi innit!😂😂😂

chimex38:
you may be right.
Last I remember,
around 2012-2013, it was about ₦500 or less per 1BTC.
still not easy to get 1million.

But now you can't easily afford 0.5BTC not to talk of 1BTC.

The funny thing is I was first introduced to it back in 2014. I had scholarship money then and I just imagined what would have been if I plugged 70% of my total scholarship inflow into that programme.😂😂
Innocent me.

Streetinvestor2:
Lol.I thought is something boys can have I million units like stocks oh.The way I see this young men shout Bitcoin in public places na the cause oh.

W/o sounding judgmental, it is usually used to store or move "dark m*oney". T£chnology has its pros and cons.

https://businessday.ng/pro/article/investors-park-cash-in-t-bills-over-real-economy/

This headline makes me wonder: "are the FG equally reinvesting the coup on another monetary investment?", cuz where's the workings on ground

BabsO2:
I don’t think bit coins was ever that cheap to make getting 1 million of it that easily. That kind money go fit buy jet sef.

Lol. Is it to just buy jet or own a fleet of them.
Street wants to indulge me in paranoia this Monday!! Ahhh

Streetinvestor2:
If you have 1 million unts of bitcoin what will it translate to when changed to naira at 1700.

Ah. These numbers are stupendous oh!!
That person can afford(not buy) a Rolls-royce ghost 2 series for a start.
Abeg make we no reason that kain money

Looking forward to Christmas

Streetinvestor2:
My brother this yr is different oh.I was in aba market on Saturday. It was not what it use to be.I went to importer shops and marke dry.The cash to buy no dey oh.Thr is this my guy who brings Turkey clothes. At this time you for no see space for his shop.The whole place dry.A line dry

These are very insightful. I've been seeing this pattern across several merchandise.

Wow, you and loco are now buddies? Cool stuff

megawealth01:
HONEY in the WELL

Wetin FMN go do with HONEY in the WELL now?

I'd check over the weekend. Let me go and withdraw some Department of Government Efficiency assest first

yMcy56:
If OANDO like, let them talk about delisting again, they wont part with anything less than N300 😁

WAPIC exit also stalled......guess shareholders also refused the 0.69 buyout price...

yMcy56 for SEC chairman unopposed!! Grand Protector of the Shareholders, GPOS designated! Twalé 🙌🏽

ojeysky:
Lol tantalizer just cross 2m eh. Is that one money

This is where you analyse your risk. Should I risk the cost of a shoe or the cost of a yatch

The stone age did not end because the world ran out of stones

aremso:
Who remembered foxo which I put here around early this year, did almost 700% last week after been kept low for several months. Crazy market.!

I totally forgot about this guy , but am seeing 189% increase on it as I just checked. Missed the pull-out 😂

To the coin miners, how's business going?

KarlTom:
...

This used to be my line of thought on this grade matter. But then again, what standard do our regulators want?

Magnumproperty:
Is induction pot the same as pressure pot?

Technically, No. Sorry for any confusion I might have caused.

At this rate, the market is waiting for FY24 side notes for the insurance sector.
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The question is "who wants to wait and find out?"
😂

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. 🤣🤣

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.

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

puremaker7:
Get yourself and induction cooktop and thanks me later, cheaper than using gas

A good hack . 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.

Ishilove:
Anything that converts electricity to temperature dey chop units. Forget any English

No be english, na just basic maths

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!!

Pickmycall:
1000 watts is energy consuming.

.... sorry coming back with the factor.

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.

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

Verily, I say to you, you shall be insured in due season.

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!!

KarlTom:
Most sellers were people who bought around ₦40 and were skeptical of losing their profit...

Meanwhile the buyers were waiting with sharpened cutlass

The size of the cutlass really matters.