Resolutions to Realisations

Resolutions:

Better Life filled with Happiness

measured by:

better grip on business activities

more active opeosho.com

launch of Nigeria’s prime wagering platform naijabet

confirmation as an Investment Banker

Strategic political affiliations

Re-engineering of kreativhost.com

Increased philanthropic activities

measured by:

increased beneficiaries of my knowledge dissemination sessions

regular gifts to all around me

Better self image

simply known as Ope Osho

life changing partnerships

clear all outstanding obligations

…..Resolutions to Realisations,….more to come

Happiness i would say is the essence of life. while we strive to achieve this objective, we adopt various indirect means (i’m not sure if there exist direct means).

Continuous Progress seems to be the one way i found to achieve this essence. In other to achieve CP, one would have to set Goals and continuous work at achieving them. The skills involved in goal setting are not hard to acquire, but if CP is the underlying objective, then it would be advisable to set relatively easily achievable goals of relatively short horizons.

Thinking through this idea, daily & hourly goals seem to be of great importance.

5 Secrets of Turning Failure Into Success

1) Change your mental model of “success” and “failure”.
Most people operate with the following mental model:
SUCCESS <== <== YOU ==> ==> FAILURE
They see themselves in the middle, with success on one end and failure on the other. They do everything they can to move toward success and away from failure. But, what if the model were reconfigured?
YOU ==> ==> FAILURE ==> ==> SUCCESS
What if, rather than seeing failure as something to be avoided it became a “stepping-stone” on the path to success? In other words: Success is the destination. Failure is how you get there. To achieve significant success in today’s world, failure is not just a possibility.it is a requirement. We must see success and failure for what they truly are: not opposites, but opposite sides of the same coin.

2) Intentionally increase your failure rate
If it’s true that the more we fail, the more we succeed (and it is), then the immediate goal should be to intentionally increase your failure rate! Yes, this is a counter-intuitive, reverse thinking philosophy. but it works! In this way, we are succeeding even when we fail (as illustrated by this interaction between a student and Zen Master):
Student: Master, if one attempts to fail and succeeds, is he a failure or a success?
Master: Yes! Exactly!
Intentionally increasing failure is the basis for the "Go for No" concept. "Go for No" means the more people that tell you "no" the closer you will get to ultimate success – or in other words, "yes." Most people, if they actually counted the number of times they hear “no” during a typical day or week (which we recommend they do) would be shocked to see how low the number actually is. We recommend that to create a greater “NO-awareness” carrying a small pocket counter or note pad to track their noes.

3) Set “No” goals
Everyone sets success goals; few people set no goal. And that is what we suggest. But how about setting goals for the number of times we fail? For example, rather than a salesperson setting the goal of having 2 prospects say “yes” to them, they set the goal of being turned down (hearing “no”) 10 times. Imagine the first two prospects they called on said, “Yes!” Rather than being done (having hit their “yes” goal) they’d actually be behind because they still have 10 noes to go!
The other exciting aspect of this strategy is how it keeps people “in the game” when they’re “hot!” If all you have is yes goals and you slow down (or quit) when you’re successful, then the hot streak ends. But if you keep going when the yeses of life are falling at your feet, the sky is the limit!

4) Celebrate your failures, not just your successes.
It’s natural to be excited about our successes and to celebrate them, to give ourselves a reward or even throw a party. But, if the key to success is to increase our failures, then it only makes sense to celebrate our set backs as well. Yes, you heard right: if someone turns you down, celebrate it! When’s the last time you rewarded yourself for failing? Probably never! Instead of mentally punishing yourself for not succeeding, what if you bought yourself an ice cream cone and said, “I’m one step closer to success!” Maybe failure would stop having the negative hold it has on your thoughts and emotions.

5) See courage as a “muscle”
If failure is vehicle that that can take you to success, then courage is the fuel! Most people, however, think that courage is something you’ve either got or you don’t; they don’t see it as a skill that can be developed and process to be mastered. But that’s exactly what it is. Courage is a muscle. And, like any muscle, it must be exercised to be developed and strengthened. As the saying goes: Use it, or lose it. It’s no different with courage. You use and develop your “courage muscle” by looking fear in the eye and taking action anyway. Every time you take action, the courage muscle gets stronger; every time you fail to take action, it atrophies a little. And before you know it your courage is gone.
But It doesn’t have to be that way. All the courage you could ever want or need to achieve every goal you have is already in you, just waiting for you to take action.

So, change your mental models, intentionally increase your failure rate, set “no” goals, celebrate your failures and see courage as a muscle, and you will significantly increase your success rate within a very short period. Do come back to drop a comment or two, on how this article has spurred you to action and helped you in achieving more successes.

Our everyday bets are a good example of Fixed Odds betting e.g. you enter into a bet with a friend that he cannot finish 2 bottles of fanta at a go,  if he does, you’ld pay him N1,000 but if he fails he gets to pay you N500. For this example, your odds are fixed at N1,000 which is the amount you stand to loose in the event that you friend wins the bet (it cannot be greater).

However, a Spread Betting version of the above example would be if you promise to pay your friend N300 for every Bottle of fanta he succeeds in finishing after the second bottle. What this means is that the more bottles of fanta your friend downs after the second bottle, the more N300 you would have to pay him. So if your friend succeeds in finishing 6 bottles then you would have to cough-out N1,200 being payment for the 3rd, 4th, 5th and 6th bottles.

Spread betting is common place in financial markets but it is increasingly being adopted in sports betting markets too, and carries the potential for much greater rewards, but also involves larger risk than fixed odds betting. The increasingly popular “Online Forex Trading” is a form of Spread Betting. Where you get paid for successfully predicting the direction of the market (currency pairs), such that the more correct you are, the more money you make, however the flip side is where the real risk resides.

There are several ways in which fixed odds may be presented, two of which are most common in sports betting. Odds such as 4/1, called fractional odds, imply that for every one unit staked, four units in addition to the one staked will be returned if the bet wins. Another form of presenting the odds is in decimal format which is more straight forward e.g. 3.52, implies that for every one naira u get three naira fifty-two kobo if your bet wins, so winnings equals Stake multiplied by Odds. If you bet N200 on an event with odds of 2.75, if your prediction is correct, you get N550 (N200 * 2.75) however if you prediction is wrong then you loose your Stake of N200.

There are definite advantages that fixed odds betting possesses over spread betting and vice-versa involving risks and potential earnings. Betting casually is best done at fixed odds, whilst spread betting professionals take preference to the high-risk, but high-reward, alternative.

Chances are you’ve been caught up in analysis paralysis. In other words, good ideas have been presented, but by the time enough people consider and reconsider the situation, it seems more complex, or not as great an idea as you originally thought. Or, in most cases, a conclusion about how to act is never reached.

But, guess what? There is such as thing as “over-thinking.” In sports, analysis paralysis might keep an athlete from reacting quickly enough. In politics, analysis paralysis might cause a simple issue to be debated for years. And, in business, analysis paralysis can keep business owners from moving forward in some pretty amazing opportunities! To avoid analysis paralysis:

• Quickly jot down the pros and cons of an idea.
  
• Make a decision (If an entire group is deciding-take a vote.)
  
• Write out the steps required to follow through.
  
• Assign the steps.
  
• Follow through.

You didn’t become an entrepreneur to become a hesitant decision maker. By following these steps, you will make good, well informed decisions. Some will work out and some won’t. But, at least you won’t miss out on BIG opportunities!

If you find it difficult to be a decisive person, remember this, “The success is not in the decision you make; the success is in HOW you deal with the decision you make.” Make your decision and then go to work to make it the right decision.

Have you ever suffered from analysis paralysis? share your experience and how you overcame the situation.

Hope of early stock market recovery dimmed further today as the market capitalization of the Nigeria Stock Exchange declined by N48.01 billion or 0.97 percent to close the market at N4,906.65 from N4,954.66 yesterday.

Similarly, the Nigerian bench mark All share index depreciated by 0.97 percent to close at 21,404.75 from 21,614.15 yesterday..

Market patronage in terms of Volume of shares exchanged by investors drop by 1.32 million ordinary shares or 0.35 percent when compared with the position of last trading day. In essence, an aggregate of 371.19 million ordinary shares were traded in 5,941 deals today as against a volume of 372.51 million traded in 4,972 deals in the previous transaction.

Turnover by value was on the upswing as it close at N2.62 billion; N0.82 billion or 45.56 percent rise as against N1.80 billion worth of stocks traded in the previous trading day

Table 1

Market Statistics

	Today 08/09/2009	Previous day 07/09/2009	% Change
NSE All- Share Index	21,404.75	21,614.15	-0.97
Total Deals	5,941	4,972	19.49
Volume Traded (M)	371.19	372.51	-0.35
Value Traded (N’B)	2.62	1.80	45.56
Turn Over Ratio %	0.07	0.08	-12.50 Change Point
Mkt. Capt. (N’B)	4,906.65	4,954.66	-0.97

CAP Plc lead the top gainers list again as the stock added N1.32 or 4.96 percent to its share price to close the market at N27.91 from its opening price of N26.59. Glaxosmith Plc came second on the list, having gained N1.02 or 4.92 percent as it opened and closed the day at N20.74 and N21.76 respectively.

Table 2

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% rise
CAP	26.59	27.91	+1.32	4.96
GLAXOSMITH	20.74	21.76	+1.02	4.92
WAPCO	30.00	30.99	+0.99	3.30
CCNN	10.05	10.55	+0.50	4.98
BCC	42.00	42.50	+0.50	1.19

Figure 1

Top 5 Price Gainers

2

On the losers’ chart, UACN Plc lead the table for the day as the company share price declined by N1.84 or 5.00 percent to close the market at N34.96 per share, from it opening price of N36.80. Followed on the Chart was Okomuoil Plc that lost N1.32 or 4.98 percent to close the day at N25.19 per share.

Table 3

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% drop
UACN	36.80	34.96	-1.84	-5.00
OKOMUOIL	26.51	25.19	-1.32	-4.98
UNILEVER	15.99	15.26	-0.74	-4.57
ETI	12.02	11.50	-0.52	-4.33
ASHAKAEM	10.93	10.42	-0.51	-4.67

Figure 2

Top 5 Price Losers

Trading Activities (Sectors/Individuals)

The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 231.03 million ordinary shares traded to control 62.24 percent of the aggregate volume of shares traded. The Commercial/Service sector, with 44.28 million ordinary shares, traded trailed behind the Banking sector which represents 11.93 percent of the total volume traded.

Figure 3

Zenith Bank Plc emerges first as the most patronized stock for the day. Investors traded 51.95 million ordinary shares to controlled 22.49 percent of the aggregate volume traded in the Banking Sector and 14.00 percent of the entire market. CourtVille Plc (41.55 million ordinary shares) emerged second position on the list.

Table 4

5 Most Traded Stocks by Volume

Stock	Price (N: K)	Volume (M)
ZENITHBANK	10.50	51.95
COURTVILLE	0.68	41.55
UBA	10.68	39.88
ACCESS	5.85	31.54
FIRSTBANK	13.80	25.30

Figure 4

5 Most traded Stocks by Volume

Monetary Policy Rate: 6.00 %

Business News

Term of the day:

GRAY MARKET: An unofficial market where new issues of shares are bought and sold before they become officially available for trading on the stock exchange.

The clean up exercise in Nigerian banks embarked upon by the Central Bank of Nigeria (CBN), has continued to take its toll on the Nigeria Stock Market as equity prices continued its downwards trend.

At the close of trading today, the benchmark All share index declined 167.07 points or 0.74 percent to close at 22,393.77 from 22,560.84 points the previous day.

The market which had continue to fall since last Friday, had resumed last Monday on a poor note with the index declining by 1.3 percent.

Similarly, the market capitalization fell by N38.30 billion or 0.74 percent to close at N5,133.37 billion from N5,171.67 billion the previous day.

Market patronage in terms of Volume of shares exchanged by investors rise by 322.59 million ordinary shares or 87.78 percent when compared with the position of last trading day. In essence, an aggregate of 690.07 million ordinary shares were traded in 6,370 deals today as against a volume of 367.48 million traded in 6,460 deals in the previous transaction.

Turnover by value was on the upswing as it close at N3.84 billion; N1.45 billion or 60.67 percent rise as against N2.39 billion worth of stocks traded in the previous trading day

Table 1

Market Statistics

	Today 02/09/2009	Previous day 01/09/2009	% Change
NSE All- Share Index	22,393.77	22,560.84	-0.74
Total Deals	6,370	6,460	-1.39
Volume Traded (M)	690.07	367.48	87.78
Value Traded (N’B)	3.84	2.39	60.67
Turn Over Ratio %	0.13	0.07	85.71 Change Point
Mkt. Capt. (N’B)	5,133.37	5,171.67	-0.74

Guinness Plc lead the top gainers list again as the stock added N6.48 or 5.00 percent to its share price to close the market at N129.67 from its opening price of N193.11. Benue Cement Company (BCC) Plc came second on the list, having gained N1.00 or 2.56 percent as it opened and closed the day at N39.00 and N40.00 respectively.

Table 2

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% rise
GUINNESS	129.67	136.15	+6.48	5.00
BCC	39.00	40.00	+1.00	2.56
UNILEVER	14.02	14.72	+0.70	4.99
CCNN	9.42	9.89	+0.47	4.99
LONGMAN	8.00	8.40	+0.40	5.00

Figure 1

Top 5 Price Gainers

2

On the losers’ chart, Oando Plc lead the table for the day as the company share price declined by N2.50 or 2.66 percent to close the market at N91.50 per share, from it opening price of N94.00. Followed on the Chart was Conoil Plc that lost N2.10 or 4.61 percent to close the day at N43.50 per share.

Table 3

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% drop
OANDO	94.00	91.50	-2.50	2.66
CONOIL	45.60	43.50	-2.10	4.61
FLOURMILL	23.50	22.33	-1.17	4.98
NBC	23.00	21.85	-1.15	5.00
GLAXOSMITH	20.21	19.20	-1.01	5.00

Figure 2

Top 5 Price Losers

Trading Activities (Sectors/Individuals)

The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 308.47 million ordinary shares traded to control 44.70 percent of the aggregate volume of shares traded. The 2^nd Tier sector, with 250.01 million ordinary shares, traded trailed behind the Banking sector which represents 36.23 percent of the total volume traded.

Figure 3

Capital Oil Plc emerges first as the most patronized stock for the day. Investors traded 250.01 million ordinary shares to controlled 100 percent of the aggregate volume traded in the 2^nd Tier Securities Sector and 36.23 percent of the entire market. Zenith Bank Plc (84.80 million ordinary shares) emerged second position on the list.

Table 4

5 Most Traded Stocks by Volume

Stock	Price (N: K)	Volume (M)
CAPOIL	1.14	250.01
ZENITHBANK	11.60	84.80
GUARANTY	13.00	71.25
DIAMONDBNK	6.01	41.77
ACCESS	7.16	34.82

Figure 4

5 Most traded Stocks by Volume

Monetary Policy Rate: 6.00 %

Business News

Term of the day:

DELISTING:

The removal of a listed security from the exchange on which it trades. Stock is removed from an exchange because the company, for which the stock is issued, whether voluntarily or involuntarily, is not in compliance with the listing requirements of the exchange.

The reasons for delisting include violating regulations and/or failing to meet financial specifications set out by the stock exchange. Companies that are delisted are not necessarily bankrupt, and may continue trading over the counter.
In order for a stock to be traded on an exchange, the company that issues the stock must meet the listing requirements set out by the exchange. Listing requirements include minimum share prices, certain financial ratios, minimum sales levels, and so on. If listing requirements are not met by a company, the exchange that lists the company’s stock will probably issue a warning of non-compliance to the company. If the company’s failure to meet listing requirements continues, the exchange may delist the company’s stock. 

The bull consolidated their hold on the stock market today pushing up the market capitalization of the Nigerian Stock Exchange (NSE) by N113.60 billion to close at N5,382.30 billion.

After losing N519 billion last weeks, following reactions to the Central Bank of Nigeria’s (CBN) removal of the managing director of five banks, the market rebounded with a growth of 2.30 percent today.

Investors who found the current levels of stock prices as an opportunity to increase their holdings were buying some of the stocks.

The upward trend of the Nigerian Stock Exchange index continues and it rise by 2.16% from 22,984.14 to close at 23,479.72.

Market patronage in terms of Volume of shares exchanged by investors rise by 21.62 million ordinary shares or 6.92 percent when compared with the position of last trading day. In essence, an aggregate of 334.27 million ordinary shares were traded in 5,459 deals today as against a volume of 312.65 million traded in 5,606 deals in the previous transaction.

Turnover by value was on the downswing as it close at N2.30 billion; N0.01 billion or 0.43 percent drop as against N2.31 billion worth of stocks traded in the previous trading day

Table 1

Market Statistics

	Today 26/08/2009	Previous day 25/08/2009	% Change
NSE All- Share Index	23,479.72	22,984.14	2.16
Total Deals	5,459	5,606	-2.62
Volume Traded (M)	334.27	312.65	6.92
Value Traded (N’B)	2.30	2.31	-0.43
Turn Over Ratio %	0.06	0.06	0.00% Change Point
Mkt. Capt. (N’B)	5,382.30	5,268.70	2.16

Total Plc lead the top gainers list again as the stock added N6.23 or 4.99 percent to its share price to close the market at N131.00 from its opening price of N124.77. Benue Cement Company Plc came second on the list, having gained N1.72 or 4.98 percent as it opened and closed the day at N34.56 and N36.28 respectively.

Table 2

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% rise
TOTAL	124.77	131.00	+6.23	4.99
BCC	34.56	36.28	+1.72	4.98
WAPCO	32.50	34.12	+1.62	4.98
NBC	24.15	25.35	+1.20	4.97
FLOURMILL	20.42	21.44	+1.02	5.00

Figure 1

Top 5 Price Gainers

2

On the losers’ chart, Guinness Plc lead the table for the day as the company share price declined by N2.50 or 1.79 percent to close the market at N137.00 per share, from it opening price of N139.50. Followed on the Chart was Nestle Plc that lost N1.88 or 0.91 percent to close the day at N204.99 per share.

Table 3

Stock	Opening Price (N:K)	Closing Price (N:K)	Absolute Change (N:K)	% drop
GUINNESS	139.50	137.00	-2.50	-1.79
NESTLE	206.87	204.99	-1.88	-0.91
7UP	30.40	28.89	-1.51	-4.97
JBERGER	25.65	24.37	-1.28	-4.99
TRIPPLEG	6.35	6.04	-0.31	-4.88

Figure 2

Top 5 Price Losers

Trading Activities (Sectors/Individuals)

The Banking sector emerges as the top traded Sector today in volume among the 30 listed sectors in the Nigeria Stock Exchange Floor. The sector recorded 147.11 million ordinary shares traded to control 44.01 percent of the aggregate volume of shares traded. The Insurance sector, with 63.23 million ordinary shares, traded trailed behind the Banking sector which represents 18.92 percent of the total volume traded.

Figure 3

Dangote Flour Mill Plc emerges first as the most patronized stock for the day. Investors traded 29.14 million ordinary shares to controlled 66.91 percent of the aggregate volume traded in the Food/Beverages & Tobacco Sector and 8.72 percent of the entire market. Platinum Bank Plc (28.05 million ordinary shares) emerged second position on the list.

Table 4

5 Most Traded Stocks by Volume

Stock	Price (N: K)	Volume (M)
DANGFLOUR	6.60	29.14
PLATINUM	3.96	28.05
SPRINGBANK	5.59	18.23
FIDELITYBK	1.91	16.92
ACCESS	5.70	14.13

Figure 4

5 Most traded Stocks by Volume

Monetary Policy Rate: 6.00 %

Business News

Term of the day:

MEAN RETURN:

Mean returns attempt to quantify the relationship between the risk of a portfolio of securities and its return. It assumes that while investors have different risk tolerances, rational investors will always seek the maximum rate of return for every level of acceptable risk. It is the mean, or expected, return that investors try to maximize at each level of risk.