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Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:31am On Apr 01
What exactly is the criteria for determining IQ level and do these criteria favour certain races than others? Among which stratum of society were the participants taken from each race? On the average it can not be validly and fairly said that Africans have lower IQ than others. No way! Each race has exceptionally intelligent people but on the average, Africans are really intelligent. Way of thinking can be influenced by religion, culture, superstition etc but this shouldn't affect the outcome of a fool proof IQ test.. what should be tested is intelligence simpliciter
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:36am On Apr 01
Una still dey argue here

From tomorrow, market will go down in April

Brace for impact grin
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:43am On Apr 01
emmanuelewumi:



The major tool used by these merchants of hope, prosperity, breakthrough, miracle is FEAR

I also blame our people who lack critical thinking and functional education, who want short cuts.

I've already spoken about the seed of tithe and the soil of the church. Not all churches are good soil where you should plant your offering and tithes.
Regarding your disparaging of miracles (and by extension deliverance, healing etc), is it your argument that there are no malevolent spiritual forces, no witches, no spiritual attacks etc? Is it your position that these things don't exist and our forbears simply imagined them and they are products of their superstitious minds? Can you boldly tell me that there are no spiritual battles that people need to be delivered from? Are you also saying there's no such thing as divine healing? Do you argue that God no longer answers prayers for healing and deliverance? Speak up please

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 6:52am On Apr 01
Agbalowomeri:


N15 here we go grin
Lol. This one na big stone.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:54am On Apr 01
Agbalowomeri:
Una still dey argue here

From tomorrow, market will go down in April

Brace for impact grin


Argue keh? Some of us are having what I call intellectual intercourse.


No big deal if market goes down in April

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 7:17am On Apr 01
Agbalowomeri:
Una still dey argue here

From tomorrow, market will go down in April

Brace for impact grin
let market go down and dividend payment keep increasing .. grin
Re: Nigerian Stock Exchange Market Pick Alerts by NettyNelly(m): 7:21am On Apr 01
emmanuelewumi:



Don't cherry pick, better to dollarize the revenue and profit from 2020 to 2024 to find out if there is growth.


You didn't look at the improved efficiency and profitability from 2020 to 2024.

Return on equity increased from 7% in 2020 to 64% in 2024.

Profit margin increased from 4% in 2020 to 24% in 2024.

An investor who got a dividend of N2.54 million last year who will now get a dividend of N5.94 million from the same number of shares will tell you that his dividend income from the stock beat currency devaluation between last year and now

I agree with you. Your numbers are correct.

My point is that you can't use past 5 yrs performance to forecast the next 3-5 years. You have to look at the 3 factors that fueled that type of growth in the past, and discount for it In your projection cause this may no longer be the case.

In Being Paranoid, Management trying to diversify to other areas (hospitality, Logistics etc) will tell you they're looking for growth in other areas. There's limit to how far they could grow depending on price increases alone. And this worries me a bit.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:28am On Apr 01
NettyNelly:


I agree with you. Your numbers are correct.

My point is that you can't use past 5 yrs performance to forecast the next 3-5 years. You have to look at the 3 factors that fueled that type of growth in the past, and discount for it In your projection cause this may no longer be the case.

In Being Paranoid, Management trying to diversify to other areas (hospitality, Logistics etc) will tell you they're looking for growth in other areas. There's limit to how far they could grow depending on price increases alone. And this worries me a bit.


There is a formula used that blends the various compounded annualized earning growth rate, which gives you an idea of the future compounded annualized earning growth rate for the next 3 to 5 years with 70% accuracy.

N12 billion was used as capex in 2024 at about N6 per share, which I don't expect to happen again in 2025. The main advantage of the business is that they have a low capital intensity requirement in order to create wealth for shareholders

4 Likes 2 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 8:12am On Apr 01
SonofElElyonRet:
What exactly is the criteria for determining IQ level and do these criteria favour certain races than others? Among which stratum of society were the participants taken from each race? On the average it can not be validly and fairly said that Africans have lower IQ than others. No way! Each race has exceptionally intelligent people but on the average, Africans are really intelligent. Way of thinking can be influenced by religion, culture, superstition etc but this shouldn't affect the outcome of a fool proof IQ test.. what should be tested is intelligence simpliciter

On average Africans are really intelligent. grin cheesy

That's the only line that spoilt your piece in my opinion

What is NOT true is that Africans are genetically wired to be dumb, like racist yt supremacist like to believe
With the right nutrition and exposure and intentionality, Average IQ levels of a society can be improved

But like you have correctly captured
The cultural inclinations of Africans is the primary factor WHY the society is dumb , or lemme say have a lot of dumb people making dumb comments and discussing

Doesn't mean that this cannot be reversed
Or that that is how Africans are genetically wired

If they plot the IQ curve of every society and check the top decile, I'm very sure that the variance will be very minimal
However check out the mean (50th percentile) and that's where Africans and South Asians (Indians et al) will score very low
Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 8:16am On Apr 01
Agbalowomeri:
Una still dey argue here

From tomorrow, market will go down in April

Brace for impact grin

We sharpen our cutlass to "harvest" this April as shares are being marked down cool
Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 8:31am On Apr 01
SonofElElyonRet:
What exactly is the criteria for determining IQ level and do these criteria favour certain races than others? Among which stratum of society were the participants taken from each race? On the average it can not be validly and fairly said that Africans have lower IQ than others. No way! Each race has exceptionally intelligent people but on the average, Africans are really intelligent. Way of thinking can be influenced by religion, culture, superstition etc but this shouldn't affect the outcome of a fool proof IQ test.. what should be tested is intelligence simpliciter

My brother, if you look at it critically and analytically, we need to tell ourselves the truth sonthat we can make the necessary changes.

If majority of our people decide to cross a highway or expressway right under or within a 100 meters diameter of a pedestrian bridge and put themselves and drivers in harm's way, they can not be classified as people that have an average IQ.

They definitely have an IQ level below the average and will always make silly decisions most of the time.

Unfortunately even those with high IQs among the people will witness a decline in their quotient when they continue to interact with people that have IQs below the accepted average globally.

Such interaction can either be physical or through electronical means.

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:41am On Apr 01
Words on Marble

#biologically superior
#comprehension issues
#sheepishly
#dummies
#appalled
#tomfoolery
#donkey years,
#zig zag thinking
#boy
#dummy-in-chief
#doctorate
#show of shame
#eugenics
#disabusing
#rhetorics
#abyss
#right nutrition
#dumb

Una Good Morning. cheesy grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:50am On Apr 01
ololufemi:


My brother, if you look at it critically and analytically, we need to tell ourselves the truth sonthat we can make the necessary changes.

If majority of our people decide to cross a highway or expressway right under or within a 100 meters diameter of a pedestrian bridge and put themselves and drivers in harm's way, they can not be classified as people that have an average IQ.

They definitely have an IQ level below the average and will always make silly decisions most of the time.

Unfortunately even those with high IQs among the people will witness a decline in their quotient when they continue to interact with people that have IQs below the accepted average globally.

Such interaction can either be physical or through electronical means.

I don't agree with you. There are behaviours and societal norms that have nothing to do with IQ. People behave the way they do because they lack basic education. If you observe orderliness in a society, it is a function of their indegeneous basic education system.

I have seen in some countries where the focus of kindergarten education is for kids to learn about their immediate environment. They queue in an orderly fashion as they move about learning street etiquette, street lights, zebra crossing etc

Here in Nigeria we see all sorts of curriculum. You will hear American, British curriculum. Soon we will hear Chinese curriculum Lol and the ministry of education permits all these. There is chaos in the educational system and the society at large. If I have been used to crossing the highway the Lagos way, why should I take extra efforts to look for a pedestrian bridge? It's not the IQ but rather the societal norm.

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 8:52am On Apr 01
chimex38:
Words on Marble

#biologically superior
#comprehension issues
#sheepishly
#dummies
#appalled
#tomfoolery
#donkey years,
#zig zag thinking
#boy
#dummy-in-chief
#doctorate
#show of shame
#eugenics
#disabusing
#rhetorics
#abyss
#right nutrition
#dumb

Una Good Morning. cheesy grin

lmaooo
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:54am On Apr 01
I actually fell for this

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:56am On Apr 01
You omitted the decimal...
Agbalowomeri:


N15 here we go grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by RodgersAkpafu: 8:56am On Apr 01
@Agbalowomeri

Societal norms and the IQ levels go hand in hand bicausal relationship style

Training people to queue and behave like humans is an offshoot of a higher Societal IQ that recognises the importance of such things to a society

It's the Level of thinking that influences the Societal norms in a country

Trying to divorce the two is WHY we are in the mess we are in

That's one
Two, concerning your remark about British and American school/curriculum, it's the norm everywhere

I had classmates from Egypt and China when I was in Uni, here in Britian, and they all (well most of them) went to the American school in shanghai or the British school in Cairo, as the case may be

The key thing is....
As Nigerians
Where be our own that is meant to run as a complement ?

Gulf countries are littered with British and American schools

Vietnam has French and American

So I don't think that's the problem here

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 8:58am On Apr 01
zendi:
So you want to see 300 million perfect beings walking about to convince you and social media that Nigerians are smart people?
You are the dummy-in-chief around here if so.
Nigeria may be a nation of mostly "dummies" in your dummy eyes, but not so in the eye of the world.

1) Nigeria produced the 3rd Commonwealth Secretary General after Brittain released most of her colonies to independence,
Her Majesty the Queen did not consider Nigerians mostly dummies.

2) Nigerian (Obasanjo) had been top contender for UN Secretary General. He didn't make it, but there are not many nation's in world that have attained that honour.

3) Nigerian (Ngozi Okonjo Iweala) was World Bank Vice President and today Director General of World Trade Organization.
I'm sure if you were there you would have shouted no no no those people are mostly dummies.

1) Nigeria is the top soccer nation outside of Europe and South America.

1) Nigerian (Aliko) has built a mammoth edifice of a Refinery that Industry Titans come from Europe and Asia to marvel at.

It goes on, and when you look at the ladder of respect among nations, Nigeria actually belongs on the upper echelon.
But with your dummy eyes you want to compare us with nations that had had industrialization for 200 years.

My brother, it seems you are focusing on the past when lot of Nigerians still had an average IQ level. Example is how society was at that time with lower access to technology when compared with how bad it has become with more access to technology.

Theose areas you quoted either fared better several decades ago or required major intervention from foreigners with a better average IQ level as the mean of their population to implement most of those achievements you quoted.

When you even try to look at simple things that we should relate to normally, you will see the difference. A country where majority of the pool of drivers and transporters can not obey simple road signs like pedestrian crossings, walkways or even have respect for the pedestrians and traffic signals within the environment clearly shows that they do not have levels up to an average IQ level.

A lot of the successes we celebrate from your quotes till today across all areas occurred when more people had an average IQ level or there was some form of intervention from those with an average IQ level. Be it in academia, sports, music, entertainment, finance, electoral systems, etc.

The results are visible everywhere, and the quest for money by any means possible without considering ethics proper education and adapting to acceptable conventions in a sane society has made it worse and accelerates the decline.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:01am On Apr 01
Mpeace:
I actually fell for this

Lol N2 stock to pay N10 grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:02am On Apr 01
RodgersAkpafu:
@Agbalowomeri

Societal norms and the IQ levels go hand in hand bicausal relationship style

Training people to queue and behave like humans is an offshoot of a higher Societal IQ that recognises the importance of such things to a society

It's the Level of thinking that influences the Societal norms in a country

Trying to divorce the two is WHY we are in the mess we are in

That's one
Two, concerning your remark about British and American school/curriculum, it's the norm everywhere

I had classmates from Egypt and China when I was in Uni, here in Britian, and they all (well most of them) went to the American school in shanghai or the British school in Cairo, as the case may be

The key thing is....
As Nigerians
Where be our own that is meant to run as a complement ?

Gulf countries are littered with British and American schools

Vietnam has French and American

So I don't think that's the problem here



It is a crime to be normal in an abnormal society.

A society where people believe in short cuts and unmerited favours over hardwork, productivity and value creation as solutions to their economic situations

It is ridiculous to demand accountability in a society where everyone believes cheating others and being financially reckless with the resources of members of the association or group is the norm. And they will rather ask God to judge the leader of the association or group


We will always get the type of leaders we deserve, since normal people are an endangered specie and are a minority in our society

15 Likes 3 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by ololufemi: 9:07am On Apr 01
emmanuelewumi:




It is a crime to be normal in an abnormal society.

A society where people believe in short cuts and unmerited favours over hardwork, productivity and value creation as solutions to their economic situations

It is ridiculous to demand accountability in a society where everyone believes cheating others and being financially reckless with the resources of members of the association or group is the norm. And they will rather ask God to judge the leader of the association or group


We will always get the type of leaders we deserve, since normal people are an endangered specie and are a minority in our society

💯💯👌👍🏽
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:12am On Apr 01
The facts is that upon what the merchants of prosperity have done in the past 40 years or thereabout, Nigeria and Nigerians are poorer compared to what we had in the 80s, our GDP per Capita is less than $1000, way less than what it was 40 years ago.

WAEC and NECO attest to the decline in the intelligence and reasoning ability of the average Nigerian students and worker based on their performances in Senior School Certificate exams for students and aptitude tests for workers

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 9:17am On Apr 01
Mpeace:
I actually fell for this
April Fool day grin

Happy new month
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:21am On Apr 01
emmanuelewumi:


WAEC and NECO attest to the decline in the intelligence and reasoning ability of the average Nigerian students and worker based on their performances in Senior School Certificate exams for students and aptitude tests for workers

Education is less attractive. The average young teen wants to "blow". Your respect in the society is dependent on how loud you can shout "money na water" grin

10 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:29am On Apr 01
ololufemi:


My brother, if you look at it critically and analytically, we need to tell ourselves the truth sonthat we can make the necessary changes.

If majority of our people decide to cross a highway or expressway right under or within a 100 meters diameter of a pedestrian bridge and put themselves and drivers in harm's way, they can not be classified as people that have an average IQ.

They definitely have an IQ level below the average and will always make silly decisions most of the time.

Unfortunately even those with high IQs among the people will witness a decline in their quotient when they continue to interact with people that have IQs below the accepted average globally.

Such interaction can either be physical or through electronical means.
That's orientation not IQ. It's deliberate. Not that they don't know it's wrong. It's just an attitude of impunity. Wrong in every way but that's not what IQ is all about..
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:32am On Apr 01
RodgersAkpafu:


On average Africans are really intelligent. grin cheesy

That's the only line that spoilt your piece in my opinion

What is NOT true is that Africans are genetically wired to be dumb, like racist yt supremacist like to believe
With the right nutrition and exposure and intentionality, Average IQ levels of a society can be improved

But like you have correctly captured
The cultural inclinations of Africans is the primary factor WHY the society is dumb , or lemme say have a lot of dumb people making dumb comments and discussing

Doesn't mean that this cannot be reversed
Or that that is how Africans are genetically wired

If they plot the IQ curve of every society and check the top decile, I'm very sure that the variance will be very minimal
However check out the mean (50th percentile) and that's where Africans and South Asians (Indians et al) will score very low
. Surviving in Africa requires exceptional intelligence grin
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:35am On Apr 01
Mpeace:
I actually fell for this
This thread is currently hot now. Make dem no go talk say bright mind like you no get IQ
grin

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 9:35am On Apr 01
Agbalowomeri:


Education is less attractive. The average young teen wants to "blow". Your respect in the society is dependent on how loud you can shout "money na water" grin


Still has to do with our value system, culture and societal norms.

The extreme poverty in the society is not helping matters, thereby making most of us gullible and affecting our thinking.

That is why betting companies, charlatans, scammers, merchants of hope, breakthrough will continue to make Trillions of naira per annum from the impoverished and low IQ citizens who want a short cut to success

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:36am On Apr 01
Agbalowomeri:


Lol N2 stock to pay N10 grin
Don fall below N2 sef. Jegede do something angry
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:38am On Apr 01
SonofElElyonRet:
. Surviving in Africa requires exceptional intelligence grin

Nigerians outperform every race in the US. That should tell us something

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmaodet: 9:41am On Apr 01
Agbalowomeri:


Education is less attractive. The average young teen wants to "blow". Your respect in the society is dependent on how loud you can shout "money na water" grin

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:42am On Apr 01
Agbalowomeri:


Nigerians outperform every race in the US. That should tell us something
Precisely. The harsh environment that requires ingenuity (some employ negative ingenuity which I don't support ooo) to survive improves IQ levels remarkably which in turn reflects when they travel abroad

2 Likes

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