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The Oracle have spoken,and so be it.
Last edited by Dicobody; 8th January 2013 at 08:33 PM. Reason: Reposted my comment |
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![]() However if you buy at 60kobo or more and it falls to 50kobo,then my Oga Waaan$$$ will insure that. Oga hispy fit re-insure Oga Waaaan$$.
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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Na Seychelles Tourers Plus I tag am...........
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Buy your groceries by day and stocks by night - faith |
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The stock gets sweeter at falling prices. Sweetest at the carpark. If we no get 8kobo this period,then we will know whether na bunch of lawyers dey manage am.
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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i bought some very small units at 50k & im willing to buy more at dat price knowing fully well dat d only risk am taking at dat price is dat of liquidity.But at 60k or more,fear dey catch me o. Now dat oracle has said two of our inhouse billionares in sir Waan$$$ and oga hispy wil insure me, my fear don disappear.
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Bros don't spoil this party nah! Though there will be dips me I am holding until last week of March.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Aiico has a higher beta than NEM. Over the last 1 to 2 years Aiico rises faster than NEM. Aiico dividend moved from 5 kobo to 6 kobo while NEM stayed 5 kobo between 2011/2012. Aiico liquidity is marginally higher than NEM. Fundamental wise, NEM should be better from what I hear in SMN.
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The standard of living of any society is based on the goods and services available therein. The result of business ventures. My prayer is for God's mercy to save us from the hands of Nigerians who come to leadership positions to set the country backwards. |
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By setting this precedent, the government has further ossified the moral hazard problem in our financial system. If an investor taking an investment risk knows that he can appropriate his gains but can pass his losses to another party, he will take excessive unreasonable risk, as he has nothing to lose. This moral hazard problem was at the heart of the misbehaviour of investment bankers in the recent global financial crisis, when they could make huge bonuses if their bets worked out but pass the loss to shareholders if it didn’t. This coupled with the implicit guarantee of their risk by the public, especially if they were “too big to fail, essentially a public subsidy of their risk further compounded their bad behaviour. They created a tower of complex financial instruments that had little bearing to their underlying assets, played roulette and casino at public expense, made initial huge gains, which they pocketed until their financial derivative instruments fell like a pack of cards. |
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On the 13th day of the 13th year of this millennium, a revelation shall be made on that which has been revealed for the faithfuls! 3 companies shall stand out and surprise all. In the midst of the noise that shall follow, that which has been revealed shall be made manifest and the faithfuls shall rejoice in the fullness of time. For their time of rejoicing has come!
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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