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Stats: 3,084,012 members, 7,596,424 topics. Date: Saturday, 30 September 2023 at 11:49 PM
|Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 3:43am On May 19|
U need to invest around 500-700m naira, is doable with good strategy. If u are outside the country and you work very hard this is doable as naira devaluation will reward your hard work and your purchase stock power would be greatly increased. If you are in Nigeria and your income can't give you 700m in the next 8yrs is a big task ooo. A guy saved 100k Canadian $ for 2+ yrs which is around 55m if your annual income is 7-10m can u save 55m in 2yrs+ but your mission is more achieve able if u are outside the country and work hard u will surely get that 100m yearly dividend. Another strategy is if u have huge money from 10-50m and you are actively trading on nse may u buy low then sell u don't wait for dividend and you compound the money like that it will give u around 800m to 1b in the next 10-12yrs. Have done the calculations before using zenith Bank and uba as a case study cos the duo stocks have better movement to achieve it then at the end of the 10th or 12yrs u finally settle for a particular stock for your 100m dividend. Have done this on an excell sheet. Note waiting for dividend u cant actualize this for but get capital appreciation move out then enter after mark down
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|Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 3:49am On May 19|
I hear alot of people saying $ $ stuff retirement, if am in Nigeria and am spending naira and not $ 100m dividend is ok for me no matter the naira devaluation all I need to do is to see how I can increase such dividend which doesn't even require I work to do that is just a mental stuff
|Re: Nigerian Stock Exchange Market Pick Alerts by perfectgen(m): 5:10am On May 19|
What they are trying to tell you is that the 100M you wish to make annually in few years time may not be able to do more than what 10M can do now, due to inflation.
It is like going to make about 200k monthly in 2013; it will be above $1k and you will be able to meet up with the basic needs but if you make same 200k monthly today, you cannot do much.
On your statement of spending naira since you are in Nigeria, until we start producing the bulk of what we use here in Nigeria, the dollar will determine our standard of living. Are you not going to need a car, basic amenities and probably send your kids abroad for Masters, vacation etc. It is at that point that you will understand that the 100M in naira does not have the anticipated value anymore
|Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 5:50am On May 19|
Still depends on your strategy I can still be increasing my dividend yearly to meet up and I can still relocate my family abroad so they start their life there so I don't think of sending anyone to school in the long run. All depends on individual strategy as inflation bites, one think of making more money to counter the effects
|Re: Nigerian Stock Exchange Market Pick Alerts by rmx: 8:17am On May 19|
Always better to have dollar assets in your portfolio mix , it’s a no brainer ,could be dollar funds , stocks, real estate or even crypto depending on the level you play or risk appetite to hedge , been doing this close to a decade now
But I Also know people locally that there revenues are outpacing devaluation and inflation , all of them are not salary earners
Know people that buy property / land , some of there returns also ahead of devaluation , you could say same with stocks if you bought at the Covid crash of 2020
Will be good to be well diversified
5 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by debeey87(m): 11:24am On May 19|
PZ Just de one corner doing the movement without much noise. Abeg anyone with info should share. Currently above 15naira today
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|Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 11:27am On May 19|
I never see dollar people talk about FEES and TAXES! Cumulatively you’ll lose 10-15% to FEES and exchange rates. You’ll lose another 20-35% to capital gains or ordinary income TAX as a foreigner.
These two things will limit your performance regardless of how lucky you are with your stock picking. If you have no way of minimizing taxes and fees, abeg stick to your normal Naira investments
But make una continue to dey service Uncle Sam, they love the free money.
7 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 11:45am On May 19|
yMcy56:2 days ago post.
E Ku MANSARD ooo.
Las las e don touch 3......
We'll see if it can be able to return to the initial 3.32 first...
Chai!!! Oga Pluto09 see as you miss this effortless +100% .....
IKEJA HOTELS: Sighted @1.94.......@2.....
PZ: Sighted @16.........na WA oo.
|Re: Nigerian Stock Exchange Market Pick Alerts by rmx: 12:14pm On May 19|
I do dollar funds both with gtmutual funds formerly investment one and Stanbic mutual , all the fees you mentioned does not apply at all
but if you also have good foreign assets you picked up 10 years ago when naira was trading at 170 to 190 , stocks or real estate , might still be better despite the fees , it’s not for everybody . The objective is always to build and protect wealth and diversification ensures that . A lot of opportunities abound locally also ,said that already . Let’s return to discussion on stocks
|Re: Nigerian Stock Exchange Market Pick Alerts by LordAdam16: 12:23pm On May 19|
I'll need a source on that claim.
Also, how does the 15% in fees and exchange rate break down? It can only be that high if you're investing tashere amount with flat fee.
|Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:31pm On May 19|
DS might be heading back to 17.50 by next week
Presco waiting to shoot back to 160 or more depending on result outcome.
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:34pm On May 19|
...up approx 300% since the time we gave an entry call @ N4.
I will look to reduce my stake now though... as the combination of CMP and inherent risk catches up on intrinsic valuation. (MoS/RRM now just 27.1% above SRM... assuming a conservative projection)
That said, PZ is among the coys I highlighted as a potential candidate for a buy-out/acquisition, so it's also possible there are other factors currently impacting it's price. (see post above)
CAVEAT: NOT to be inferred as any sought of recommendation. Due diligence still applies as always.
It is well
|Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:41pm On May 19|
NSEINDEX being optimistically cautious. Will it hold till inauguration?
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:42pm On May 19|
LIVESTOCK FEEDS still doing great.
...currently up by over 36% since our entry call @ 95k.
Still got plenty of room for upside!
Again, that other "U" name is yet to move as expected... even as current MoS/RRM makes a mockery of the combination of its FVP and surrounding risk. (ref: >79% peg)
UPDC... just waiting for that day of reckoning.
...it will respond!
Again, NOT an investment advice.
|Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:48pm On May 19|
Full bid today with no sales I think. Yesterday was peanut supply. Up about 20% from last post.
Last I checked, Access ramped up its stake to about 25%
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:56pm On May 19|
When you look at E-TRANZACT, then you'll probably understand why a coy like CHAMS should have no business trading below 65k.
Yes I said 65k! ...and that's me trying to be conservative.
Not saying that E-TRANZACT is bad, but give me the opportunity and I'll gladly "marry one and make the other my concubine".
Am sure you already know who would be the wife.
Do a thorough P2P sampling analysis and a few things will become a bit clearer.
But that's just one side to the story.
CHAMS is fundamentally healthy with many pockets of prospect yet untapped.
But hey! this is not an investment advice.
I can not come and go and kill myself for nothing.
It is well
|Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 1:05pm On May 19|
Quick Google search will give you all the source you need in regards to the taxes.
As for fees, do the break down of the fees you pay to buy one share of Tesla, and then calculate the percentage based on the the price of Tesla. After doing that, also do the reverse calculation for when you eventually sell..
Majority of people screaming dollar dollar only have tashere to invest. When Ote$ was buying Transcorp he wasn't screaming dollar dollar
|Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:42pm On May 19|
I don't know. I'm really thinking of going in heavy on Access Corp. It's trading at the lowest PE compared to the other tier-one banks, and it looks like it had the best performing result in Q1. What do the gurus advise?
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:49pm On May 19|
onegentleguy:CHAMS and E-Transact are in the same business I Blvd....
- ACCESS has increased its stake in E-Transact to 37.56% totalling N12.1B injected in fund....
- I think 2 banks were able to make much revenue recently due to their Fintech use of doing biz...
- CHAMS has 5 major corporate substantial shareholders with shareholdings around 35% of the total share capital of N5B....
* All CHAMS needed is just one catalyst to leap......who knows, a bank or one int'l body may just decide to partner or inject fund into the coy one day or buy the coy over..........that's the kind of news Chams needed to blow.........
** Still have bright future in my opinion.
3 Likes 1 Share
|Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:55pm On May 19|
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:55pm On May 19|
Heavy funds really entering this market .......
GTCO resumes the buying spree today again ....
|Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 1:55pm On May 19|
Livestock ... to the moon.
|Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 1:56pm On May 19|
Divide the funds into 2 parts and put 50% each in ACCESSCORP and UBA.
I would've said you work with a portfolio weighting that slightly favours the latter ahead of the former (10% more or 60-40%), but they both look good from a TA standpoint. Fundamentally though, I have a slight preference for UBA ahead of ACCESSCORP.
Wouldn't be a bad idea if they get an equal proportion of your billions.
Pls remember to come back and pay small homidge to the boys later.
It is well
|Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 1:56pm On May 19|
|Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 1:59pm On May 19|
Thanks bro. Knowing the deep things I know about my dear Uncle TOE and how he runs his shops, I'm inclined to stay away from his companies.
|Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 2:00pm On May 19|
Lion123:With ur size 10k much shaaa, but not too much.
|Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 2:05pm On May 19|
Someone heavy is snapping up Geregu. I wonder what's happening.
|Re: Nigerian Stock Exchange Market Pick Alerts by Neverlosemoney: 2:06pm On May 19|
mendes911:Five Years Ago A Loaf Of Bread Was Selling For #50. You Were Given #200 To Purchase 4 Loaf Of Breads To Eat, You Decided To Put The Money Into An Investment Account Yielding 20% Per Annual. After 5 Years Of Compounding, Your #200 Is Now Worth #498 Before You Congratulate Yourself On A Job Well-done. A Loaf Of Bread Is Now Selling For #200, Your #498 Will Buy You Just 2 Loaf of Breads. Yes! You made great return on your investment, you might feel richer but you won't eat richer.
Investing should not be focused on making money but beating or keeping up with inflation or devaluation through any means necessary. I can't help but notice Most people focus on the former. As long they are making money they doing a great job. That is a wrong way of seeing investing.
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|Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:13pm On May 19|
GTCO still dey maintain ..Market get i'm own mind
Now ahead of Zee
|Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:15pm On May 19|
lancee:ZEE doesn't have a mind of its own..... Just like to answer to GT..
|Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:17pm On May 19|
|Re: Nigerian Stock Exchange Market Pick Alerts by Lion123: 2:19pm On May 19|
GT @ N26.6. Zenith @ N25.50. God wins!
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