tritritri:
@mercy can i teach u TA? Just as agba thought Yariya. ?
or u prefer loco to be ur Teacher ?

Enter the other room, plenty motivation dey there

Mcy56:

When did you become TA guru?
The one Agba taught her, Shebi we see how she carry big calculator wey fit count all the money in CBN come here. She don confuse am wt oza room lecture.
No teach me, thank you. Loco no dey teach TA either. I go still they manage class teaching for now.

*Let me come and be going before....*

Chai you get bad mouth
Actually, you need the whole palm to press one key for that calculator
At least make I post something if I no fit post graph

Lol at big calculator
You pipoo should leave me alone with my calculator.. I like to see my figures bold

Agbalowomeri:


Chai you get bad mouth
Actually, you need the whole palm to press one key for that calculator
At least make I post something if I no fit post graph

Side eyes
Rolled eyes

Abolo to CBN: Focus More on Corporate Governance, Not Recapitalisation
https://businesspost.ng/2019/07/28/abolo-to-cbn-focus-more-on-corporate-governance-not-recapitalisation/

NSE Unveils Platform to Boost Issuers, Investors Engagement
https://businesspost.ng/2019/07/28/nse-unveils-platform-to-boost-issuers-investors-engagement/

Apprehension as AMCON Prepares to Shame N5trn Debtors on TV
https://businesspost.ng/2019/07/28/apprehension-as-amcon-prepares-to-shame-n5trn-debtors-on-tv/

Caverton Revs up Revenue by 19% in HY 2019
https://businesspost.ng/2019/07/28/caverton-revs-up-revenue-by-19-in-six-months/

Enjoy your weekend with INTERESTING STORIES FROM PEOPLE WHO NEVER GAVE UP WITH FINANCIAL ADVERSITY . IT IS NOT OVER UNTIL IT IS OVER.




https://www.iol.co.za/personal-finance/my-money/budgeting/save-until-it-hurts-29951952



https://www.iol.co.za/personal-finance/going-it-alone-21779621


https://www.iol.co.za/personal-finance/retirement/how-a-family-coped-with-a-shock-retrenchment-23720604

meshpips:


Thermo-fluids and heat transfer.

Many people ran away from that Fluid Mechanics option in final year under the tutelage of the great Prof. L. A. Salami (of blessed memory).

But me like wetin dey scare people.

Uniben! That is nice.

My friend (Ukanah) used to talk about una Prof Salami.

Mcy56:

Guess I just like this guy's resilience.
Go and appease the Oracle so he can respond to you, he's a Professor Emeritus.......but post it in right section and put him and other ogas in copy if you so wish.
No vex o.

Appease ke. Na night school I go o.

meshpips:


Two bank guys have already responded.
They said 4.9 basis point.

If there is a rate cut for 5 basis point, that will be okay.
Na the 50 basis point cut dey make me think. Reason being that the Fed has always said (since January) that they wanna maintain the rate between 2.25 - 2.50.
If they do a 50 basis point cut, the rate will drop to 1.85 from the current 2.35%. This is too far below the lower limit they have been trying to maintain since the beginning of the year. So I am wondering how and why this could be possible.

Me still dey ask which of the currency them use as the base before doing the calculation.

About 5 other bankers have not been able to give me an answer even after reading my message. I really pity the calibre of people we have in some sensitive positions in this country. Many people nor just sabi their craft.

It is well.

I think those who said 5bp rate cut are doing percentage increase on the pair which gave 4.9% increase.

A 5bp rate cut will even strengthen the USD against other currencies.

I see a 25bp which market will also not welcome. The reason being that the data for US economy isn't that bad.

The market consensus is 50bp rate cut. This seems too high.

Fed can change the band (2.25 to 2.5) they maintain. It isn't cast on stone. If there is deterioration of indices as could be seen by fed, they will go lower.

meshpips:
Finance gurus in the house, please who can help with this calculation :

How many basis point rate cut in USD will make GBPUSD price rise form 1.2384 to 1.2883?

In anticipation of anyone's kind response, I say thank you.

You should not look at it just from the angle of rate cut.

There are other factors that could cause GBP to appreciate against the USD.

If Boris Johnson changes tune and aligns with the EU, there will be a swift strengthening of the GBP against other currencies.

meshpips:


50 basis point cut is what's needed to achieve this.

We will see a rate cut in the US Federal Reserve rate by 50 basis points on Wednesday night (July 31st).

Within the next 4 weeks, GBPUSD will rally by at least 500 pips.

For those that would like to cash in on this move, you can contact me and let's see how to work things out.

500 pips translates to $500 profit IF you trade with a lot size of $1/pip.

Remember that market has been pricing in a rate cut since the talks with the Chinese fell apart. You can see the effect on Gold, some EM Markets.

I believe that a 25bp cut will make market unhappy at first. Later market will interprete it that another could come before the year ends depending on how US-China talk progress.

RabbiDoracle:


You should not look at it just from the angle of rate cut.

There are other factors that could cause GBP to appreciate against the USD.

If Boris Johnson changes tune and aligns with the EU, there will be a swift strengthening of the GBP against other currencies.

Seriously? Oga you don join ? Abeg make una carry una talk go forex section.

Yayira:


Seriously? Oga you don join ? Abeg make una carry una talk go forex section.

I don't trade Forex. I no get strength for that asset class.

RabbiDoracle:


I don't trade Forex. I no get strength for that asset class.

You’ll do well there oo.. knowing who you are, I’m sure you’ll make money..

@tritritri what’s the name of the thread slf ? Let me go and read comments

From a result driven perspective(H1 print for the most part)

The great; CAVERTON, FCMB, LAFARGE WAPCO and AIICO.

The good; MTN, FLOURMILLS(Q1), WEMA, CADBURY, CAP, NESTLE and DANGOTE CEMENT.

The fair(the not-so-good): JULIUS BERGER, GSK, ETI and AFPRUD.

The bad; AIRTEL, UNILEVER, FIDSON, OKOMU, PRESCO(Q1) and UCAP

The UGLY; OANDO, TOTAL and MOBIL

We really Love all the GREAT guyz... and like the 1st 5 from amongst the GOOD ones.
I will not be surprise to see all 4 GREAT coys reprise higher to bridge the present very juicy gap(MoS) between current VALUATION and price. ...given the present standing of their financial print, it seems the probability of occurrence is nearer to 1 and farther from zero.
Surely, time shall put things in their right perspective.

We hate them BAD guys !!
As for the UGLY folks, we would prefer to avoid them like a plaque. ...well, at least for now.
To those who are still associating or speculating with the 1st ugly guy after several cautionary input, remember;

"The difference between INVESTING and SPECULATING is like 'playing a ring/live action game' and 'gambling in the land of ghosts'
With the former, there is a probability for you to control your emotion. ...but with the latter, there is a possibility for your emotion to control you !!
The problem however is that the latter process can oftentimes be catastrophic !!"
~Sinclair

NOTE: Preference of selection from the basket of the GOOD guyz is from left to right in that order.

CAVEAT: NOT to be interpreted or referenced as any sought of recommendation. Due diligence should still remain ur 1st priority.
My advice: Pls follow ur instinct.

We look forward to more fine financials this week !!
It is well.

onegentleguy:
From a result driven perspective(H1 print for the most part)

The great; CAVERTON, FCMB and LAFARGE WAPCO.

The good; MTN, FLOURMILLS(Q1), WEMA, CADBURY, CAP and NESTLE.

The fair(the not-so-good): JULIUS BERGER, GSK, ETI and AFPRUD.

The bad; AIRTEL, UNILEVER, FIDSON, OKOMU, PRESCO(Q1) and UCAP

The UGLY; OANDO, TOTAL and MOBIL

We really Love all the GREAT guyz... and like the 1st 5 from amongst the GOOD ones.
I will not be surprise to see all 3 GREAT coys reprise higher to cover the present very juicy gap(MoS) between current VALUATION and price. ...given the present standing of their financial print, it seems the probability of occurrence is nearer to 1 and farther from zero.
Surely, time shall put things in their right perspective.

We hate them BAD guys !!
As for the UGLY folks, we would prefer to avoid them like a plaque. ...well, at least for now.
To those who are still associating or speculating with the 1st ugly guy after several cautionary input, remember;

"The difference between INVESTING and SPECULATING is like 'playing a ring/live action game' and 'gambling in the land of ghosts'
With the former, there is a probability for you to control your emotion. ...but with the latter, there is a possibility for your emotion to control you !!
The problem however is that the latter process can oftentimes be catastrophic !!"
~Sinclair

NOTE: Preference of selection from the basket of the GOOD guyz is from left to right in that order.

CAVEAT: NOT to be interpreted or referenced as any sought of recommendation. Due diligence should still remain ur 1st priority.
My advice: Pls follow ur instinct.

We look forward to more fine financials this week !!
It is well.

Where is Transcorp ?
Another clear case of “house wife” winning over “sidechic” no matter their bedmatics..
See as you label Oando (ur sidechic) ugly but said nothing about your wife (Transcorp) that has underperformed too..
Ok oo.. sidechics take note

Yayira:



Where is Transcorp ?
Another clear case of “house wife” winning over “sidechic” no matter their bedmatics..
See as you label Oando (ur sidechic) ugly but said nothing about your wife (Transcorp) that has underperformed too..
Ok oo.. sidechics take note

But for one thing, I would've ignored ur post(given its sarcastic tone)
However just know that the said wife occupies a great place in our portfolio.
Away from fundamentals, technicals, sentiments or anything related to it, she is a wife we do not intend to part with. ...not now !!

Cheers.

A FRESH PERSPECTIVE ON LAFARGE WAPCO

Looking through the current financials of WAPCO, it seems that the company is now on a good path to resurgence !!
But then, someone might say; U have always criticized the coy in the past, so what has changed?
Well, the result has changed, I would simply answer !!
Good a thing, they drew their inference using the phrase; 'in the past'.
Like I always tell folks;

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the future.
...until the PRESENT left him behind !!"
~Sinclair

With WAPCO, it will be better to adopt a present and forward looking approach than relying on the past at this time.
Why, u may ask;
3 factors are @ play here(though now in the opposite direction)

1) LAFARGE' current FX denominated loans are HEDGED.
The company learnt a bitter lesson after it had a combined FX related loss of near N37B between 2016 to 2017. ...The aftermath of which became extremely difficult for them to come off from.
What it has now done is to seek fx cover/protection for its dollar related loans from the CBN. ...which was done via a non-deliverable forward contract format.
The interpretation of this is that LAFARGE is well covered should the CBN decide to devalue the Naira later this year or anytime for that matter.

2) The company is no longer working for the banks as was the case prior to this time.
Cost line accruals from their high debt burden has been eased out by near 90% following the many delaveraging efforts from back to back rights, the divestment of their South African arm(which was loss-making for the most part) and some internal structural changes.

3) Efforts @ restructuring and innovative drives aimed @ romping up revenue(from more sales) and boosting earnings.

Any Jack will agree that these 3 factors(working against the company at the time) was mainly the drag it suffered. ...particularly in the last 8 quaters.
But with these factors now playing in favour of it, the company is now in a great position to MANAGE and OPTIMIZE COST and boost earnings going forward.
Current financial print(H1 2019) also lends much credence to this.

The sooner we learn to align as soon as we can see through the future, the BETTER !!
From where I am standing, It does appear that it is now well with Mr WAPCO !!

Again, NOT a recommendation.

onegentleguy:
A FRESH PERSPECTIVE ON LAFARGE WAPCO

Looking through the current financials of WAPCO, it seems that the company is now on a good path to resurgence !!
But then, someone might say; U have always criticized the coy in the past, so what has changed?
Well, the result has changed, I would simply answer !!
Good a thing, they drew their inference using the phrase; 'in the past'.
Like I always tell folks;

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the future.
...until the PRESENT left him behind !!"
~Sinclair

With WAPCO, it will be better to adopt a present and forward looking approach than relying on the past.
Why, u may ask;
3 factors are @ play here(though now in the opposite direction)

1) LAFARGE' current FX denominated loans are HEDGED.
The company learnt a bitter lesson after it had a combined FX related loss of near N37B between 2016 to 2017. ...The aftermath of which became extremely difficult for them to come off from.
What it has now done is to seek fx cover/protection for its dollar related loans from the CBN. ...which was done via a non-deliverable forward contract format.
The interpretation of this is that LAFARGE is well covered should the CBN decide to devalue the Naira later this year or anytime for that matter.

2) The company is no longer working for the banks as was the case prior to this time.
Cost line accruals from their high debt burden has been eased out by near 90% following the many delaveraging efforts from back to back rights, the divestment of their South African arm(which was loss-making for the most part) and internal structural changes.

3) Efforts @ restructuring and innovative drives aimed @ romping up revenue(from more sales) and boosting earnings.

Any Jack will agree that these 3 factors(working against the company at the time) was mainly the drag the company suffered. ...particularly in the last 8 quaters.
But with these factors now playing in favour of it, the company is now in a great position to MANAGE and OPTIMIZE COST and boost earnings going forward.
Current financial print(H1 2019) also lends much credence to this.

The sooner we learn to align as soon as we can see through the future, the BETTER !!
It is now well with Mr WAPCO !!

Again, NOT a recommendation.

In the past we used the same method to spot the growth and value driven potential in coys like FIDSON, INTERBREW, BETA GLASS and CUSTODIAN to mention just a few.
I still recall how the 1st(FIDSON) rose from less N1 to above N6 at some point... and how the 2nd(INTERBREW) rose from near N5 to above N60. ...given over 1,100% ROI.

Now i've talked about one coy with such value driven potential. The coy is the 1st of the GREAT coys I mentioned ealier. ...it's been churning out exceptional financials with a great measure of consistency accross its key revenue and earnings line in the last 2 calender yrs. ...it's undoubtedly a coy with an immensely great potential.
Someday, CAVERTON will make some folks very rich !!

Enough said.
It is well !!

onegentleguy:


But for one thing, I would've ignored ur post(given its sarcastic tone)
However just know that the said wife occupies a great place in our portfolio.
Away, from fundamentals, technicals, sentiments or anything related to it, she is a wife we do not intend to part with. ...not now !!

Cheers.

Smh..you would have just ignored

Agbalowomeri:
Actually, you need the whole palm to press one key for that calculator

Chai! Agba you be bad somebori. I think say na only me see am.

What happened here? Who is the 'Nobody'?
Yayi? Chai!!!

Yayira you're too emotional! You take online stuff too seriously. Why not ignore as well? Na today you know OGG's style of writing?
Even though me and you no dey get along but still it's nice to have you around.
E for better if you stay here and leave za oza room for me but now you will have more time to be dragging it with me. I no go gree! You must register back o.

onegentleguy:
A FRESH PERSPECTIVE ON LAFARGE WAPCO

Looking through the current financials of WAPCO, it seems that the company is now on a good path to resurgence !!
But then, someone might say; U have always criticized the coy in the past, so what has changed?
Well, the result has changed, I would simply answer !!
Good a thing, they drew their inference using the phrase; 'in the past'.
Like I always tell folks;

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the future.
...until the PRESENT left him behind !!"
~Sinclair

With WAPCO, it will be better to adopt a present and forward looking approach than relying on the past at this time.
Why, u may ask;
3 factors are @ play here(though now in the opposite direction)

1) LAFARGE' current FX denominated loans are HEDGED.
The company learnt a bitter lesson after it had a combined FX related loss of near N37B between 2016 to 2017. ...The aftermath of which became extremely difficult for them to come off from.
What it has now done is to seek fx cover/protection for its dollar related loans from the CBN. ...which was done via a non-deliverable forward contract format.
The interpretation of this is that LAFARGE is well covered should the CBN decide to devalue the Naira later this year or anytime for that matter.

2) The company is no longer working for the banks as was the case prior to this time.
Cost line accruals from their high debt burden has been eased out by near 90% following the many delaveraging efforts from back to back rights, the divestment of their South African arm(which was loss-making for the most part) and internal structural changes.

3) Efforts @ restructuring and innovative drives aimed @ romping up revenue(from more sales) and boosting earnings.

Any Jack will agree that these 3 factors(working against the company at the time) was mainly the drag the company suffered. ...particularly in the last 8 quaters.
But with these factors now playing in favour of it, the company is now in a great position to MANAGE and OPTIMIZE COST and boost earnings going forward.
Current financial print(H1 2019) also lends much credence to this.

The sooner we learn to align as soon as we can see through the future, the BETTER !!
It is now well with Mr WAPCO !!

Again, NOT a recommendation.

I know say you don load WAPCO...we are waiting for it to retest support N10-12.

GTB N20
Zenith N15
Fidelity Sub N1.50

NSE we have learnt never to be in a hurry! January/Feb is still very far...

Sleep mode activated again.

stcool:


I know say you don load WAPCO...we are waiting for it to retest support N10-12.

GTB N20
Zenith N15
Fidelity Sub N1.50

NSE we have learnt never to be in a hurry! January/Feb is still very far...

Sleep mode activated again.

Why the price in bold chief?
Some of ur fellow crew members bought @ btw N8.85 to N9.
...so why not wait for it @ N4 and GTB @ N9, ZENITH @ N6 and FIDELITY @ 60k

It's also possible u know.

Mcy56:
Yayira you're too emotional! You take online stuff too seriously. Why not ignored as well? Na today you know OGG's style of writing?
Even though me and you no dey get along but still it's nice to have you around.
E for better if you stay here and leave za oza room for me but now you will have more time to be dragging it with me. I no go gree! You must register back o.

I couldn't have been the one that chased her away(if this was indeed the case), could I?
Pls I was only trying to get along while passing a message.
...God knows I hold no grudge with reference to my post which quoted hers !!

@Yayira if u can read this, pls I apologise if u interpreted it otherwise. ...I am sorry if my revert didn't come off right !!

Regards.

onegentleguy:
From a result driven perspective(H1 print for the most part)

The great; CAVERTON, FCMB and LAFARGE WAPCO.

The good; MTN, FLOURMILLS(Q1), WEMA, CADBURY, CAP and NESTLE.

The fair(the not-so-good): JULIUS BERGER, GSK, ETI and AFPRUD.

The bad; AIRTEL, UNILEVER, FIDSON, OKOMU, PRESCO(Q1) and UCAP

The UGLY; OANDO, TOTAL and MOBIL

We really Love all the GREAT guyz... and like the 1st 5 from amongst the GOOD ones.
I will not be surprise to see all 3 GREAT coys reprise higher to cover the present very juicy gap(MoS) between current VALUATION and price. ...given the present standing of their financial print, it seems the probability of occurrence is nearer to 1 and farther from zero.
Surely, time shall put things in their right perspective.

We hate them BAD guys !!
As for the UGLY folks, we would prefer to avoid them like a plaque. ...well, at least for now.
To those who are still associating or speculating with the 1st ugly guy after several cautionary input, remember;

"The difference between INVESTING and SPECULATING is like 'playing a ring/live action game' and 'gambling in the land of ghosts'
With the former, there is a probability for you to control your emotion. ...but with the latter, there is a possibility for your emotion to control you !!
The problem however is that the latter process can oftentimes be catastrophic !!"
~Sinclair

NOTE: Preference of selection from the basket of the GOOD guyz is from left to right in that order.

CAVEAT: NOT to be interpreted or referenced as any sought of recommendation. Due diligence should still remain ur 1st priority.
My advice: Pls follow ur instinct.

We look forward to more fine financials this week !!
It is well.

You have done well my brother.
We should leave the rest for Mr market.

onegentleguy:
I couldn't have been the one that chased her away(if this was indeed the case), could I?
Pls I was only trying to get along while passing a message.
...God knows I had no grudge with reference to my post which quoted hers !!

@Yayira if u can read this, pls I apologise if u interpreted it otherwise. ...I am sorry if my revert didn't come off right !! Regards.

As far as I'm concerned you didn't chase her away. She left of her own volition.
She took it too far. You've not said anything 'too bad' to warrant such action. What does she want someone like me (whom many people have/had been against here 'for no just cause') to do?
When someone want people to understand him/her but he/she doesnt want to understand and tolerate others, I see this as being unfair.
Sometimes people vent anger wrongly, guess this is the case.
@OGG, you did the right thing by apologizing.
@Yayi you're stronger than what you just did. If you want to leave, at least it shouldn't be for this trivial thing. Come back.
Chai! Who I go dey find her trouble now?

stcool:


I know say you don load WAPCO...we are waiting for it to retest support N10-12.

GTB N20
Zenith N15
Fidelity Sub N1.50

NSE we have learnt never to be in a hurry! January/Feb is still very far...

Sleep mode activated again.

Lol na you dey write this or your account was hacked

Mcy56:

As far as I'm concerned you didn't chase her away. She left of her own volition.
She took it too far. You've not said anything 'too bad' to warrant such action. What does she want someone like me (when many people have/had been against here 'for no just cause') to do?
When someone want people to understand him/her but he/she doesnt want to understand and tolerate others, I see this as being unfair.
Sometimes people vent anger wrongly, guess this is the case.
@OGG, you did the right thing by apologizing.
@Yayi you're stronger than what you just did. If you want to leave, at least it shouldn't be for this trivial thing. Come back. Don't fall we your fan's hand.
Chai! Who I go dey find her trouble now?

I don give her house arrest

Agbalowomeri:


I don give her house arrest

So who is knocking on my door? I can perceive her unique perfume.....
Agba, check again and confirm. No carry house arrest near my hideout...