Mpeace:
Bank stocks are too risky for such long term investments. I remember Intercontinental, Oceanic, Finbank etc and even skye that held lots of promise had good fundamentals anf paid good dividend, the only took a short while to deteriorate. Bad management is something that can easily happen and destroy a company in less than a year(if you doubt me ask FBNH) banks are too volatile. As for oil stocks, no one knows whether oil will still be relevant in 18yrs. So if u want long term, just buy land.

Mpeace:
Bank stocks are too risky for such long term investments. I remember Intercontinental, Oceanic, Finbank etc and even skye that held lots of promise had good fundamentals anf paid good dividend, the only took a short while to deteriorate. Bad management is something that can easily happen and destroy a company in less than a year(if you doubt me ask FBNH) banks are too volatile. As for oil stocks, no one knows whether oil will still be relevant in 18yrs. So if u want long term, just buy land.

OakPearl:


Let me begin by stating that you have got the right mindset for your plan as you sound futuristic.
The best investments for your temperament and expectations are in stocks with sound fundamentals and that pay interim and final dividends.

The idea is to not just depend on capital appreciation alone for the growth of your investment, but to earn regular dividends for reinvestment which will give your investment portfolio an assured but aggressive growth.

The following 5 stocks are my recommendation in no specific order of preference:
1. UBA - (Consistent interim & final dividend. Great room for capital appreciation)
2. FBNH - (Fundamentals being worked on by management. Dividend paying with serious room for capital appreciation)
3. ZENITH BANK - (Consistent interim & final dividend. Lots of catching up to do with GTB hence more room for capital appreciation)
4. UCAP - (Their recent success in listing Eurobond & Wealth For Women Fund comes to mind. Very substantial dividend paying culture)
5. DANGOTE FLOUR - (Verifiable progress recorded in turn around project. Huge capital appreciation expected as a consequence of consistent handsome dividend payout in the nearest future)

If you invested N50,000 to buy 10,000 shares of GTB during the public offer in 2004 when it sold for N5.00 per share, your bonus shares would have added and increased your shares from 10,000 to 59,181 shares without spending any more money!
Your N50,000 investested 13 years ago is worth N2,087,905 as at closing price of GTB today - N35.28!
This is without adding all the dividends received in the 13 years period.
You can never go wrong investing as planned sir.
Just keep the focus and you can be sure of a far better tomorrow.

I wish to bookmark this page, for a review of the performance of these stocks in 2-5yrs.

Onward4eva:

May u be a blessing in dz generation. Ur analysis was cogent with my futuristic expectation. I am buying into your analysis.
You v made my night.I am very optimistic dt our country will be great again.Thanks bra,one love

Tritri:
pls bros..am currently deppressed right now....I sold all of my holdings ..nestle...uac.zenith...sold everything and left FCMB alone..Thank god for locodemy i might have sold my FCMB long time ago...am just sad and mad at myself...I hope i dont make dis silly mistake next time.where is that THE BIG FOOLISH GUY...THUNDER FIRE HIIM.

locodemy:


Are you really the chief fundamentalist when oando is a technical stock?
Do you know what combination of fbn & oando is called?

feelamong:



when we were seeing the MIB bidding for FBN asking people to buy up FBN..they didnt take us seriously..

anyway...make una still try to get in..

This stock is destined for N10 by year end

lancee:
My thots ..I think most of us still look at these stocks that they may go down , cos we are used to uba @ 3 , zeniht @ 13 , fbnh @ 3 , gtb @ 21 etc ..but seem these stocks are trying to go back to their original prices they were 2014 before election

We may not see these cheap prices for a while , as long as the economy is improving

Princkez:
bros GT bank public offer of 2004 was sold at 10.60k...GT bank has neva fallen below #8.00 since it was listed...one love

OakPearl:


You are very correct Princkez.
My error in price.
At N10.60 per share then, initial investment of N106, 000 (N50,000) becomes over N2m.

Mascotlawman:



Someone should help a brother please.

Princkez:
bros GT bank public offer of 2004 was sold at 10.60k...GT bank has neva fallen below #8.00 since it was listed...one love

chillykelly86:


Bro you still believe FBNH is messed up, don't you?
Fundamentals change and your analysis of any company can change. In fact, the key to breakthroughs in stocks trading is listening and watching for changes in fundamentals of battered stocks.
I don't understand Oando very well, neither am I putting eyes in it but Fbnh that I understand, I have taken a bet on with over 95% of my portfolio. I am not out to convince you because it may or may not be too late to even enter now. But in a year or two, you'll get a clearer picture of where FBNH is headed.

OakPearl:


You are very correct Princkez.
My error in price.
At N10.60 per share then, initial investment of N106, 000 (N50,000) becomes over N2m.

emmanuelewumi:


He is not correct check page 329 of the current annual report. The initial public offer was in 2001 and it sold for N5.00, I bought during the offer.

The one sold in 2004 was the second coming of GT and Zenith bank to the market just before the N25 billion bank consolidation by Soiudo.

Between the IPO of GTB in 2001 and public offer in 2004.

Gtb gave bonuses thrice.

2002 1 for 4

2003 1 for 5

Just before the public offer in 2004 another bonus of 1 for 3 was given to existing shareholders.


Read more about the share capitalisation history of GT Bank on pg 329.

As a matter of fact 10000 units of GT shares in 2001 would have grown to 71610 units in 2017.

I hope this helps.

Mpeace:
Bank stocks are too risky for such long term investments. I remember Intercontinental, Oceanic, Finbank etc and even skye that held lots of promise had good fundamentals anf paid good dividend, the only took a short while to deteriorate. Bad management is something that can easily happen and destroy a company in less than a year(if you doubt me ask FBNH) banks are too volatile. As for oil stocks, no one knows whether oil will still be relevant in 18yrs. So if u want long term, just buy land.

OakPearl:


You are very correct Princkez.
My error in price.
At N10.60 per share then, initial investment of N106, 000 (N50,000) becomes over N2m.

Princkez:
i think what u are refaring is private placement not IPO

emmanuelewumi:



I stand to be corrected the Initial Public Offer of GT was in 2001, they later had a public offer in 2004.
The company was listed in 2001.

Kindly do a google search or grab and read the annual report.

ekele99:
Simple ways to stay out of recession http://www.wealth9ja.com.ng/2017/04/how-to-stay-out-of-recession-in-this.html?m=1

emmanuelewumi:


He is not correct check page 329 of the current annual report. The initial public offer was in 2001 and it sold for N5.00, I bought during the offer.

The one sold in 2004 was the second coming of GT and Zenith bank to the market just before the N25 billion bank consolidation by Soiudo.

Between the IPO of GTB in 2001 and public offer in 2004.

Gtb gave bonuses thrice.

2002 1 for 4

2003 1 for 5

Just before the public offer in 2004 another bonus of 1 for 3 was given to existing shareholders.


Read more about the share capitalisation history of GT Bank on pg 329.

As a matter of fact 10000 units of GT shares in 2001 would have grown to 71610 units in 2017.

I hope this helps.