stcool:


I no wan talk wetin happen when I follow Peter dey shout Wapco going to 3 Euro...

Na God save me las las

zimams:
Not exactly....
Nigeria has taken a production cut like other OPEC nations to bring about this $40. Based on the production cut we are down to less than 300 million barrels per day as against 1.1Billion per day before this wahala started. So Nigeria is making far less revenue than before.

Just for the record, production cuts aren't this deep.

"As a result of the output cut, Nigeria will now be producing 1.412 million barrels per day, 1.495 million barrels per day, and 1.579 million barrels per day respectively for the corresponding periods in the agreement; as against the 1.829 million barrels per day of dry crude oil that was the reference production in October 2018."
https://nairametrics.com/2020/04/10/opec-deal-nigeria-to-cut-oil-output-by-22-to-1-4mbpd/

veecovee:


Imagine if u forgot 1m there in march

It may still go the other way though

I can only trade such stock with my passive income.
I remember using 800k profit I made from ci leasing to buy btc without blinking.

Marketapprentic:


BARGAIN HUNGER TAKE NOTE
with the name p, be on red alert.

Who is the chief monkey hunter? "Pe", but if you putan "ter" na you Sabi.

zimams:
Not exactly....
Nigeria has taken a production cut like other OPEC nations to bring about this $40. Based on the production cut we are down to less than 300 million barrels per day as against 1.1Billion per day before this wahala started. So Nigeria is making far less revenue than before.

Excercise caution.....

Best thing is to focus on fundamentally sound stock only. So you can sleep well at night. Economic forcasts into Q4 2020 suggests that we may be headed into a recession.

The fact that people are looking at the price of crude oil without the volume that will be produced says a lot about many. Lol!

You have said it all though.

Mcy56:


Lol.
Abeg take am easy, no need going spiritual or dwelling on the past.

Madame the Madame

.

GonFreecss1:
Madame the Madame

Hope you're good sir.
Any message for us with the way market is trading in range these few days - with banking stocks taking a back seat for others to shine small?

Marketapprentic:


Prof, the poet. Thank you for the JAPAUL.
We are still struggling with the pregnancy pain but the greater pain is that scan is not showing the trimester that we are in right now. Anyways worst come to worst we use CS escape with parachute

This market
Yesterday japaul was available @ 0.26 but I was scared to buy.
Let me recover from GSK that I dived into without looking.

leo1234:


This market
Yesterday japaul was available @ 0.26 but I was scared to buy.
Let me recover from GSK that I dived into without looking.

Jumped int AIICO. Last last we perish

kaywhy09:
You can as well try investing into foreign exchange market. You can do it yourself. Ask me how.

Forex is highly volatile, unpredictable and risky. research proves 95% of forex traders are actually losing their invested funds.

DrAwo:


Just for the record, production cuts aren't this deep.

"As a result of the output cut, Nigeria will now be producing 1.412 million barrels per day, 1.495 million barrels per day, and 1.579 million barrels per day respectively for the corresponding periods in the agreement; as against the 1.829 million barrels per day of dry crude oil that was the reference production in October 2018."
https://nairametrics.com/2020/04/10/opec-deal-nigeria-to-cut-oil-output-by-22-to-1-4mbpd/

Thanks for clarifying and throwing more light on this.

Mcy56:


Lol.
Abeg take am easy, no need going spiritual or dwelling on the past.

Exactly

Mcy56:

Hope you're good sir.
Any message for us with the way market is trading in range these few days - with banking stocks taking a back seat for others to shine small?

I am cool dear. E don tey small.

As for the message. Well, some people missed the bus. Sorry about that. Do not allow the persistence of continuous talk about any asset make you buy based on FOMO. As a dividend hunter I am quite patient. Always fundamentally sound stock, yes! Some bad stocks will move up, please do not FOMO!

And for the newbies here, some people would like to tell you Dividend hunting is stupid, it is this or that.
People will keep persistently mentioning particular stocks day and night, with wonderful dreams about it.
People will make recommendations.

All I will say is learn from all of the above. Know why “you” are buying anything, and if for any reason something you bought goes down in price and the reasons you bought it in the first place are still there, you should be happy to buy more at lower prices. Cc Zenith? I happily bought more down to the gates and rejoiced in ascension.

DrAwo:


Just for the record, production cuts aren't this deep.

"As a result of the output cut, Nigeria will now be producing 1.412 million barrels per day, 1.495 million barrels per day, and 1.579 million barrels per day respectively for the corresponding periods in the agreement; as against the 1.829 million barrels per day of dry crude oil that was the reference production in October 2018."
https://nairametrics.com/2020/04/10/opec-deal-nigeria-to-cut-oil-output-by-22-to-1-4mbpd/

Interesting, thanks for the numbers.

There might be hope still.

zimams:



Thanks for clarifying and throwing more light on this.

So you don't even know what you posted until another member(Dr Awo) corrected you.

Na wah o. See how you wrote it authoritatively

GonFreecss1:


The fact that people are looking at the price of crude oil without the volume that will be produced says a lot about many. Lol!

You have said it all though.

See who you dey quote

When did Nigeria produce 1.1Billion per day?

You didn't read before quoting the person. That show you that the person no sabi.

GonFreecss1:


Interesting, thanks for the numbers.

There might be hope still.

You sef no know.

Chai

Report says AMAZON is in talks to acquire an approx 5% stake(worth over $2B) in BHARTI AIRTEL INTL.
The e-commerce firm(amazon) owned by current world richest man Jeff Bezos is looking to broaden its asset investment base and sees a future in telecommunication.

...a brief.

BHARTI AIRTEL intl, which is India's 3rd largest mobile telecommunications provider(after RELIANCE JIO and VODAFONE IDEA) is looking to expand on its infrastructure, grow its subscriber base(presently over 300M) and boost overall earnings.

BHARTI AIRTEL Africa which is listed on the floor of the NSE is a subset of BHARTI AIRTEL intl/group.
Will this rob off on the African entity?
...we think so !!

We continue to observe.

RabbiDoracle:


See who you dey quote

When did Nigeria produce 1.1Billion per day?

You didn't read before quoting the person. That show you that the person no sabi.

Zee no wan go below 17 ..Gtb tryin to maintain ..Low vol uba, access

RabbiDoracle:


You sef no know.

Chai

I knew there was a reduction. Never bothered checking the numbers because BP at a young age no good. Unfortunately, I might have assumed the worst and taking a pessimistic outlook which showed in my immediately agreeing to what the other guy said.

I was wrong, and with the new numbers and link to the post I think I am better off than before.

leo1234:
This market
Yesterday japaul was available @ 0.26 but I was scared to buy.
Let me recover from GSK that I dived into without looking.

Lol. Loco and obagadaffi see the person you dumped GSK on.
Oya come and apologize.

As for Japaul, we're still riding it, driver took 33 already.....30kobo first bus stop, 35/40k 2nd.
Just continue to pray for our driver, the conductor and the bus itself.

Mcy56:

Lol. Loco and obagadaffi see the person you dumped GSK on.
Oya come and apologize.

As for Japaul, we're still riding it, driver took 33 already.....30kobo first bus stop, 35/40k 2nd.
Just continue to pray for our driver, the conductor and the bus itself.

That bus get bad brakes and tyre.
I am not entering.

ebuka1997:
Jumped int AIICO. Last last we perish

.....or rather stay alive to watch them pursuing the bus while you sit back and sip wine.
We see how it goes. We hope it doesn't disappoint.

GonFreecss1:


The fact that people are looking at the price of crude oil without the volume that will be produced says a lot about many. Lol!

You have said it all though.

Na waoh ,at no point was niaja producing 300 million to think of billion barrels.For a long time we have not gone above 2.1 million barrel with all things being normal as per bursting/kidnapping in the fields

GonFreecss1:
I am cool dear. E don tey small.
As for the message. Well, some people missed the bus. Sorry about that. Do not allow the persistence of continuous talk about any asset make you buy based on FOMO. As a dividend hunter I am quite patient.
All I will say is learn from all of the above.

Thanks for this dear.
Yes. It's been sometimes. Glad you're doing fine.

zimams:
Not exactly....
Nigeria has taken a production cut like other OPEC nations to bring about this $40. Based on the production cut we are down to less than 300 million barrels per day as against 1.1Billion per day before this wahala started. So Nigeria is making far less revenue than before.

Excercise caution.....

Best thing is to focus on fundamentally sound stock only. So you can sleep well at night. Economic forcasts into Q4 2020 suggests that we may be headed into a recession.

It is better oil climb to above $40 with the cut, than to produce 3 million per a day without cut and no buyer, because oil will be everywhere looking for buyer.
They make more profit, at $40 with cut, than when it was about $15 dollar without cut, that's why the OPEC and non OPEC agreed to cut, because it favour them, thanks.

And remember, from my latest recovery, the world economy react whenever crude oil drop, including America. Crude oil shows direction. Should in case you see brent crude fall back to $10 ASI will fall too and if crude moves up stock also move, and whatever that affect Dow also affect NSE whether positive or negative.

onegentleguy:
Report says AMAZON is in talks to acquire an approx 5% stake(worth over $2B) in BHARTI AIRTEL INTL.
The e-commerce firm(amazon) owned by current world richest man Jeff Bezos is looking to broaden its asset investment base and sees a future in telecommunication.

...a brief.

BHARTI AIRTEL intl, which is India's 3rd largest mobile telecommunications provider(after RELIANCE JIO and VODAFONE IDEA) is looking to expand on its infrastructure, grow its subscriber base(presently over 300M) and boost overall earnings.

BHARTI AIRTEL Africa which is listed on the floor of the NSE is a subset of BHARTI AIRTEL intl/group.
Will this rob off on the African entity?
...we think so !!

We continue to observe.

Reminds me of Russian dolls. Airtel NG is deep inside, it may not feel the infusion.

leo1234:
That bus get bad brakes and tyre.
I am not entering.

Says who?
You forgot we made over 40b profit, EPs of 6.53 enough to fix the brake and buy new tyres? In fact, buy new bus self.
Stay there.

** Abeg, not any form of advert for JP oooo. At owner's risk.