RabbiDoracle:




Spanish flu in 1918 killed around 50m people. The earth still survived it. So wetin be Corona?

My dear, you see this earth, it will still stand gidigba.

I like the fear you all display now . Las las, I will buy from all of you once the time is right.

Prices are now cheaper and I pray they get battered.

You can never buy from me, because my strategy will never allow you.
To be frank, you never know that corona virus will come, if there is any other thing you see, it might be different from the virus.

locodemy:



I pity anyone that will die because of money.I am one of the victims of 2008 and I survived it.

I pray for anyone trapped In this outbreak to survive it too.It will be very tough to bear but with wrestling,movies, football,2 bottles of life etc one will gain happiness.

Above all,praying for God to withdraw his anger should be our memory verse these days

Health wise, people will survive it.

But I like the fear displayed worldwide. See one Turkish stock losing 47% in a single day. As in half of your investment wiped off in a single day.

I laughed and my money laughed as well.

currentprice:
black friday

2.2% loss

March may fake a comeback but reality on ground is still dire.

Anyway what do I know.

START JUDGING YOURSELF NOW BEFORE THE JUDGEMENT DAY

1 Corinthians 11:31 King James Version (KJV)
For if we would judge ourselves, we should not be judged.

...

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/28#87053934

RabbiDoracle:


Health wise, people will survive it.

But I like the fear displayed worldwide. See one Turkish stock losing 47% in a single day. As in half of your investment wiped off in a single day.

I laughed and my money laughed as well.

From your body language, is like you have entered back to the market?

Mcy56:

You know, the epidemic is not even about money, the rich or the poor, it can affect anyone regardless. It's airborne.
If it were to be African countries, different theories and wrong assertions would have been formulated. Trust the Western world to use this to deal with Africans.
Anyway, we are believing the Almighty God to intervene soonest because of His own.
May God shield us and our loved ones.

So you can fear like this.

You no fear euphoria. Na panic you come dey fear.

I fear euphoria the most. I welcome panic.

chillykelly86:


I was able to cherry-pick mostly at the lowest price for the day. Unfortunately, I was 10k unlucky with Zenith today.

Tomorrow is another day; nothing says they cannot go lower than they did today.

Who was the guy that bought FBN at 7 when it dropped from 7.70.

FBN fell to 4.60. He automatically lost N3.10. Almost 50%. It is not easy losing money o.

@chillykelly, at least you bought low unlike those who rushed in when Zenith was at 23.

Always stay at the lower lows.

RabbiDoracle:


Health wise, people will survive it.

But I like the fear displayed worldwide. See one Turkish stock losing 47% in a single day. As in half of your investment wiped off in a single day.

I laughed and my money laughed as well.

It's time to move up international, to join foreign investors, to buy foreign stocks at a very cheaper rate.

robobo:


The first bold cld be use as a guide. Gold a supposed safe haven is also loosing. at this moment the major asset that is appreciating is US 10 year Treasury, which if this continue wld also halt appreciation following the first bolded from Prof

As for the second bolded from Prof. Personally i dont believe conspiracy theories, my take is that this Pandemic is not being engineered, Rather it is a breakout which we shld all hope be brought under control (either through effective drugs or vaccine) as soon as possible. because if not in the long run then we are all in trouble whether you in cash stock gold treasuries bond e.t.c.

All investors rushed into the US treasuries lowering the rates to all time low. The 10 year got to a level never seen in the history of US at 1.163%.

At a point the 2 year treasury was losing around 16% because a large number of people rushed it. Rates crashed.

Fed will have no option but to intervene and calm the market. You see that rate cut they said they will not do in this 2020, they will do it and even do it in emergency.

Market needs 'opium' to get high. At least Mcy can run her commentaries.

locodemy:



Abeg,forgive us and show us hope.
Maybe the God's will honour your words and turn the market green.

Save your brothers,friends from imminence collapse abeg.

You don't want prices to collapse again

I hope you are not trapped, the night might be long.

sellydion:
Not a time to buy anything, God forbid you may need the cash for something else. Some cities are currently under lockdown, Stock might be far away from bottom

You of all people. Preaching for people to hold cash.

How about those newbies you have urged to buy since January 2020 and they are in a loss position now.

sellydion:
my dear it is no longer about stocks. it is about life. fcmb worth nothing if there is nobody to buy.

prayers are needed now.

The problem we have in this country is that we only think 'now'. See you calling for prayers instead of action!

When Peterichy was sending warnings about coronavirus, they called him harbinger of bad news saying because he had sold.

You don't need rocket science to extrapolate the effect on your economy. All you just need is a rogue traveller for the same problem in China to manifest in your backyard.

You suppose to learn and dey play Chess o. It helps you think 5 to 8 moves in advance (even think your opponents likely moves) . At every point in time, you have a strong move to counter your opponents attack.

owoblow77:

The situation in Africa has whipped a lot of people into submission. Most were promising when young. Unfortunately, the African situation has battered our brains, making most resign to fate. The situation defies logic. I said the majority of Africans o. Individuals can exhibit brilliance but collectively, we're dumb, can't define & achieve common objectives. Religion has become our escape route, our opium.

I like you. You have sense.

Collect 3 bottles of Heineken and 1 plate of Nkwobi on my head.

yom2:
u are beginning to sound like them . they only think about divine intervention while some people are cracking there brains in the lab

I didn't know you are like me.

You have wonderful sense.

Go to mama Ejiro and collect 3 bottles of Heineken. On me. No pay o!

Mcy56:

Im definitely one of them but not a fanatic. I believe in God thru Christ and I love God. Note that He first love us. God is real and alive.
Atheists can say whatever they like, I just pray God will reveal Himself to them and they have personal encounter with Him, cos He's the only one that can preach to them and convert them.
The question you should ask yourself is this: Did the endemic just surface? Why has the many intelligent brains cracking till now?
Only God is able to turn the wisdom of man to foolishness so He can glorify His name.
Until God gives them solution, the brains will simply continue to crack with no solution......but we have a God of mercy, who will show compassion because of His own. He will hear our prayers soonest IJN.
Anyway, make I check UBA result wey carry me come first.............

Leave story.

You have seen unbelievers na!

This issue is solvable. Imagine if every scientist resorted to prayer and left doing the 'action' to find the vaccines on time.

You panic easily.

Mcy56:
Dream Analysts abeg gather to help me reason this my dream oo.
I dreamt and saw lots of green on the table, I pray this will happen soonest.
Peter, go and dream too maybe you'll see same thing. Don't eat that your heavy food before you sleep o. ,
Loco don't tell me to go for malaria test.

Your dream could me true but it is still a trap.

Use facts for your analysis about world events and not dreams and prayers.

nio68:
Did you UBA go to sleep in last quarter , abi dem close shop for last quarter

Higher impairment compared to 2018. That led to the slow growth in EPS.

Kashif:


What is this one saying?? Is this how far the bears have affected you? It shall be well bro. Check how old my moniker is. I don't dwell here like you'd expect!

He is sitting on huge cash pile.

As least I know this.

locodemy:


Wait and buy the support.
Probably, next week is Oso Abiola phase 2.

I am even thinking next week could see a slowdown in sales. The way the world markets fell, Fed must do something. Liquidity news is what the market needs. Na their opium be that.

However fact remains that businesses are affected, reduce vehicular traffic and flights, small business closures etc.

The main oso abiola has not started. Like my friend veecovee will say, market doesn't move in a straight line (even when going down).

But when the waves throw you up, my dear clutch unto a straw if you can!

locodemy:


Your name is Nkasiobi

Nkasiobi onye no na afufu.

Nka bu okpofu. Nke na bia ozo bu okpofu na oso nsukka agwerili egweri foyen ya na anya na imi.

locodemy:



Abeg,forgive us and show us hope.
Maybe the God's will honour your words and turn the market green.

Save your brothers,friends from imminence collapse abeg.

But you are on cash na.

Market will always go up and down.

The truth is the bottom would have been reached if not for this corona virus.

Don't get emotional about stocks you pick. I noticed that most people get too emotional when they speak about the stocks they hold instead of have an open mind to learn. Such people have no business investing in stocks.

Emotions and stock investing don't go together. You must be ruthless when buying and you must be ruthless when selling.

veecovee:


He tried though, but most of us know that 2020 would be tough ... I even preach it. However, NSE would have survived first quarter if not this corona virus, which no one knew was coming.

My oga,I think is high timed you post more of your scriptural things not just links.It will be far better than this doomsday some are frequently posting because of selfish interest.And some playing god because of market down turn.Pls post them and ignore any noise from any person.Is a faceless forum with equal opinion.

Chibuking81:

From your body language, is like you have entered back to the market?

The man don dey grab am small small.

Krisuba:


Efforts now should be geared towards combating this corolla. If China is failing it. How can we stand it. Onifa profer solutions oo. Because rite now I can not think stock

My advice is for guys to wait since you couldn't sell. Those that bought high will definitely be around 30 to 50% loss now. If you know you bought good dividend paying stocks, wait it out. This one too will come and go. NSE will still remain.

And if prices continue to decline, target to buy only based on DY. What do I mean?

If you bought stock X at N10. And the company pays N1 as dividend. This is 10% dividend yield (DY) .

If the stock continue to slide and it goes to N5, while you suffer 50% loss in capital, you know that the DY is now 20% presuming they continue to pay that N1.

If you are satisfied with 20% DY, you can go in for it and load if only you have money o.

If price continues to fall towards N4, you are losing but your DY will keep increasing assuming the dividend remains constant. You buy alot. That way, you will be enjoying a cashflow even when your portfolio is bleeding.

But those I pity are those that buy stocks that doesn't give cashflow in event that the stocks stay depressed for long. You get nothing in capital appreciation and still get no dividend. It is like hungry bingo that fools a very slim and hungry man. He can't poo neither can he vomit. You end up becoming Aaron!

Those on cash will be happy with a falling market because they can enter when they are okay with their DY of the stock they see. At this point, they get greedy looking for DY >25%.

While those in the market will be praying for recovery, they will be praying for more tanking.

Bedbug told her offsprings to stay calm, that whatever that is hot must definitely be cold. So relax, it will be well after a while.

sellydion:
The prices are awful to look at, anyway not really bother much,

I trade over and under value, in sometime to come, the swing would be with us

It is a bundle of mixed blessing. Pray for the world !

Why is WAPCO result delayed?

I don't do those name. Na mostly banks I dey do.

Once bank witness a selloff, nothing will be left standing. When banks witness a wild rush, everything appreciates.

Chibuking81:
No matter what happened people must talk.
Honestly speaking no one knows that corona virus will take the whole part of 2020 q1. It's only God that knows it all. Brent crude parking at below $50 was handiwork of corona virus, NSE ASI dropping to 27,000 was handiwork of falling in price of Brent crude and massive drop in the world stocks market. All pointing at corona virus.

Seriously this event has presented bonanza offer, it's only God that know when this bonanza offer will end.

owoblow77:

Na 0.60k I see o.
0.20k interim + 0.60k final = 0.80k total

Some of this things are not too difficult to comprehend but oftentimes we still find it hard.
The write-up from page 135 was clearly a typo error.
UBA WILL pay an 80k final dividend and NOT 60k !!

The 80k payment matches the figures the company quoted as its pay out ratio(DPR) and gross dividend figure in the NTS using the banks current OS.

The write-up from page 135 was CLEARLY A TYPO ERROR and should be completely disregarded.

Regards

Chibuking81:


You can never buy from me, because my strategy will never allow you.
To be frank, you never know that corona virus will come, if there is any other thing you see, it might be different from the virus. You might likely enter within this period, and bonanza season 2 will tell you welcome

The thing I was thinking aside the divergence in prices was a bank run in China and possibly a global recession as a result of that. I discussed this with my Ogas (Wanaj) and with CP (though recession only) . In 2019, China has had 4 bank runs. I drew a parallel to what happened in 2008 financial crisis where before the crisis started around March 2008, there was a bank run in the UK (Northern Rock). So I asked myself, why is the same thing repeating before 2020. And I ran a check on all indices worldwide. Most of them were at ATH. Most higher than it were in 2008.

I said to myself if January 2020 comes with a bull that I had been waiting for, I will check the volumes. If there is no hoarding of shares (hallmark of bullish stage) but a huge volume, my dear I will run. I watched the volume in the first week, I saw huge volumes. I was not convinced until 2nd week. The volumes were huge. I had to leave the bus. I can't come and go and kee myself.

Instead of bank run, it was Coronavirus. However the problems are still there in China which could trigger a run. Businesses closed. Some are reopening. These took loans for their businesses. What impact will these have on banks. NPLs will grow. Banks will be pressured. If banks are pressured, and state must intervene. Where there is no quick interventions, banks may collapse and a run starts. If there is a run in China, the creditors are in pressure. This becomes global. And oso abiola happens. Everyone straight to his village.

This Virus is making it very likely.

Chibuking81:

From your body language, is like you have entered back to the market?

I got few units at the low of Friday. 4% of my fund. The remaining 96% is laughing at you because you must sell it to me.

When you are on cash, na point and kill.

I still expect market to tank. I buy during rounds of panic. Friday was a good panic. I hope I can get UBA at 3. That dividend yield will be 33%

Forbes are predicting a recession

RabbiDoracle:


I got few units at the low of Friday. 40% of my fund.

When you are on cash, na point and kill.

I still expect market to tank. I buy during rounds of panic. Friday was a good panic. I hope I can get UBA at 3. That dividend yield will be 33%

Chaii chaii... double chaii !!
...grave robber !!
U see ur life?

I like the fact that u are having a good time.
Like I said in the past, I agree with some of ur inputs. ...but also disagree with some. Particularly with the quest to time the market.