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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The Following User Says NO Thank You to Salida For This Un-useful Post: Dicobody (16th February 2012) It's alright Sir Dicobody. The highlighted part above was my thinking and the reason I requested to know. Thanks for the clarifications.
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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Last edited by threecrown; 18th February 2012 at 11:14 AM. |
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| The Following 2 Users Say Thank You to threecrown For This Useful Post: | ||
bamidele97 (18th February 2012), Picolena66 (18th February 2012) | ||
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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Acquiring 2D and 3D is still far from starting oil production. Where will the crude oil produced flow to? Where is the crude oil processing facility? Where are the pipelines? Orient refinery is still on the drawing board after 2 PP's! |
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In 2012 budget, CBN has an expense head called 'Provision expense' with a budget of N2 billion. According to the budget, the head is used to '...cater for unforeseen contingencies...' It is very likely CBN used part of this budget for this donation. Away for the propriety or political correctness of the donation, are two important issues to ponder. CBN's budget is not supervised by any body outside the bank. The bank generates and spends its money as it deem fits. SLS and Governors before him have resisted legislative oversight of CBN budgets. Consequently, SLS as the Chairman and CEO of the bank acts '...as the spirit directs'. The second issue has to do with President Jonathan's lack of firmness in managing SLS. I have mentioned it before that SLS is the type of staff that always needs an effective, firm and competent supervisor. Otherwise, SLS has the capacity to act in ways that can even harm himself inspite of his usually good intentions. SLS lacks 'Emotional Intelligence'. SLS best and most productive private banking career flourished under the firm supersion of Mutallab and Oba Otudeko. Unfortunately, since he became CBN Gov, SLS has operated under a very loose environment. Yar'adua was always absent and Jonathan is clueless. This is a recipe for disaster.
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“Successful investing is anticipating the anticipations of others.” (John Maynard Keynes quotes (English economist, journalist, and financier, 1883-1946) |
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The cheapest stock in an overvalued market may still be overvalued |
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