emmanuelewumi:
Looking at inflation and currency devaluation in the last 15 years most investors have underperformed.

It is even worse with penny and dead stocks that have lost 80% of their stock price in the last 15 years and have not been able to pay dividends for 5 years and above

It is sad to see how so many stocks listed on the NSE have destroyed investors money. It is about a quarter that have tried to correct the loses to bring the overall performance up.

It will be nice to see what analysts state as the annualized return of the NSE over 5, 10, 15, 20 etc years. Plus returns of various sectors.

S&P I think is quoted to have returned 15% annualized. Will need to search for what time frame of decades and years.

essentialone:

I have a feeling which is sentimental anyway . I believe many of the Banks might not want to pay the huge Company Tax of 30% from the humongous profit that will run around half a trillion by year end 2023. In my personal thinking they will buy more of their shares , then declare a huge dividend to escape the huge tax liability of 30% . The money will come back to them via dividend payment. The tax liability would have been reduced from company income tax of 30% to 10% of withholding tax .

My personal thinking anyway , so we are likely to see more purchases from them.

You may be right. Take UBA for instance. 72m unit single order.

emmanuelewumi:
From CSCS price history record, Dangote Sugar was listed on 8th May 2007 at N18.00, the price closed at N18.90k.


Check the stock performance from when it was listed 16 years ago till date.

Share purchases is a moving bus. Not everyone jumped in at the listed price. Some jumped in along the way. Everyone has their own entry price and break even.

The narration I gave was actually real event on the the sugar investor.

A Stock might be on N30 15 years ago and today it's N10 doesn't mean all investors have suffered losses. It's only the investor who held everything from peak to low that should lament.

I bought GTB years ago at N35. Today it's around N35. But I have also bought at lows and currently average down and I am on almost 70% profit apart from the dividends.

I believe it's also about strategy and not to rule out luck

Clean Like New.
Direct From US
Hp Elite x2 1012 G2

Ram:16Gb Ram
Storage:256 Gb SSD
Processor: Intel Core i5
7th generation.
Touchscreen.
With Stylus Pen
Screen size:12.3" diagonal
Detachable Keyboard.
Keypad backlit.
Type C charging port.
Good Battery.

Price 245K
Available in Lagos,Can be Waybilled to Kano,Kaduna and Jigawa.Other states at buyers Cost.

Contact
0 8 one 36 seven Six 42 Six Two

essentialone:

I have a feeling which is sentimental anyway . I believe many of the Banks might not want to pay the huge Company Tax of 30% from the humongous profit that will run around half a trillion by year end 2023. In my personal thinking they will buy more of their shares , then declare a huge dividend to escape the huge tax liability of 30% . The money will come back to them via dividend payment. The tax liability would have been reduced from company income tax of 30% to 10% of withholding tax .

My personal thinking anyway , so we are likely to see more purchases from them.

I think buying back their shares would not affect their assessable profits, to which the 30% tax rate applies. Unless they buy and sell at a loss, thereby erroding profits. Usually, buybacks directly affect their share capital and cash positions.

They can reduce potential tax liabilities by incurring more allowable expenses/donations. Flex more 😁

Yes, if they execute share buybacks, they can declare higher dividends. Shareholders enjoy.

They can benefit from the 10% WHT rate if they have invested and received dividends/interests.

unite4real:


Share purchases is a moving bus. Not everyone jumped in at the listed price. Some jumped in along the way. Everyone has their own entry price and break even.

The narration I gave was actually real event on the the sugar investor.

A Stock might be on N30 15 years ago and today it's N10 doesn't mean all investors have suffered losses. It's only the investor who held everything from peak to low that should lament.

I bought GTB years ago at N35. Today it's around N35. But I have also bought at lows and currently average down and I am on almost 70% profit apart from the dividends.

I believe it's also about strategy and not to rule out luck

To make money in the stock market one has to average down or do stock picks when or if prices drop on good stocks. There are also many moving parts that can make a good stock bad and a previously bad stock become good. That requires ones time to monitor the market and take action as needed. I bought Dunlop offer when the factory was expanding. I even averaged down when prices fell. But alas bad government policies (an unfavorable moving part) of anyhow imports with cheap oil forex destroyed Dunlop. Bought PRESCO sat back. Monitored nadding and it has returned excellently. Summary one cannot really sit back in this market or take a rigid position. But to take opportunities as they come. If one has little time, one will be better off with a portfolio tilted more towards bonds.

Transcoorp was listed by introduction in November 2006 at N6.30k. Then had a public offer few months after N7.50k.


Based on the current price of Transcoorp can we say those who bought the public offer have made money in the last 17 years

ote author=BabsO2 post=126835329]

To make money in the stock market one has to average down or do stock picks when or if prices drop on good stocks. There are also many moving parts that can make a good stock bad and a previously bad stock become good. That requires ones time to monitor the market and take action as needed. I bought Dunlop offer when the factory was expanding. I even averaged down when prices fell. But alas bad government policies (an unfavorable moving part) of anyhow imports with cheap oil forex destroyed Dunlop. Bought PRESCO sat back. Monitored nadding and it has returned excellently. Summary one cannot really sit back in this market or take a rigid position. But to take opportunities as they come. If one has little time, one will be better off with a portfolio tilted more towards bonds. [/quote]





In this market where corporate managers are vultures and shark, majority of investors are better off buying real estate, bonds or Eurobond.


With the exception of the very few who have more than an average knowledge of the financial markets. Such investors are less than 10%

emmanuelewumi:
Transcoorp was listed by introduction in November 2006 at N6.30k. Then had a public offer few months after N7.50k.


Based on the current price of Transcoorp can we say those who bought the public offer have made money in the last 17 years

They have not.Then again if you look at the like of ucapital. My majority of the shares was bought at below #1.Therefore no example is perfectly right to convince that the 14% in fixed income is better or best because my investment in shares has yield better. My dangota flour paid me #21m plus for BE of #4plus.Just like glaxo now my BE is #6 plus.okumu was bought at #50.Bought plenty sugar at #6.And the list continues The same transcorp is at #1 plus in my portfolio

BabsO2:


To make money in the stock market one has to average down or do stock picks when or if prices drop on good stocks. There are also many moving parts that can make a good stock bad and a previously bad stock become good. That requires ones time to monitor the market and take action as needed. I bought Dunlop offer when the factory was expanding. I even averaged down when prices fell. But alas bad government policies (an unfavorable moving part) of anyhow imports with cheap oil forex destroyed Dunlop. Bought PRESCO sat back. Monitored nadding and it has returned excellently. Summary one cannot really sit back in this market or take a rigid position. But to take opportunities as they come. If one has little time, one will be better off with a portfolio tilted more towards bonds.

Oh yes. Remember that Dunlop too. I was a victim.

Streetinvestor2:
They have not.Then again if you look at the like of ucapital. My majority of the shares was bought at below #1.Therefore no example is perfectly right to convince that the 14% in fixed income is better or best because my investment in shares has yield better. My dangota flour paid me #21m plus for BE of #4plus.Just like glaxo now my BE is #6 plus.okumu was bought at #50.Bought plenty sugar at #6.And the list continues The same transcorp is at #1 plus in my portfolio

I said 80% of stocks on NGX didn't give 14% annualized return. We still have 20% of stocks that did better

It is even worse if the stock did not pay dividends

emmanuelewumi:
It is even worse if the stock did not pay dividends

like Oando…

emmanuelewumi:




I said 80% of stocks on NGX didn't give 14% annualized return. We still have 20% of stocks that did better

Are you sure its even up to 20%?

A lot happening with Oando this morning. Almost 10 million units in 15 minutes…

Jagoal!!!!
Any update?
1.52.... high for the year
Full bid damn!

Mfunkynation:
Jagoal!!!!
Any update?
1.52.... high for the year
Full bid damn!

JAPAULGOLD

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/39849_JAPAUL_GOLD_AND_VENTURES_PLC-NOTIFICATION_OF_EQUITY_CAPITAL_RAISE_CORPORATE_ACTIONS_NOVEMBER_2023.pdf

were is LOCO oooo...you Don hammer oooo

Una go explain tire

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/39849_JAPAUL_GOLD_AND_VENTURES_PLC-NOTIFICATION_OF_EQUITY_CAPITAL_RAISE_CORPORATE_ACTIONS_NOVEMBER_2023.pdf

Princkez:
were is LOCO oooo...you Don hammer oooo

Anybody wey call Loco name again ehh, we go dobthat persin wetin Hope Uzodinma do Agaero for Owerri. Lol

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/39849_JAPAUL_GOLD_AND_VENTURES_PLC-NOTIFICATION_OF_EQUITY_CAPITAL_RAISE_CORPORATE_ACTIONS_NOVEMBER_2023.pdf

I don sell already oooo

Princkez:
were is LOCO oooo...you Don hammer oooo

the second time this year Loco of Chineke

What is going on with Fidelity bank? Is it preparation for their right issue, that is pushing the price up?

Tpharell:
A lot happening with Oando this morning. Almost 10 million units in 15 minutes…

It's available for those that want to buy at N10.25 right now in small quantities. If one needs more one needs to bring out more money. Some are still waiting, bidding at N8.70

Currently a betting stock as financials are incomplete and minority shareholder buyout still lurking around .

People are careful not to sell. And those buying are doing so cautiously.

dapix:
What is going on with Fidelity bank? Is it preparation for their right issue, that is pushing the price up?

Yes now. Some bulls are released for such things

I predict FCMB playing catch up if it doesn't want to be left far behind once the Q3 audit comes out.

BabsO2:


It's available for those that want to buy at N10.25 right now in small quantities. If one needs more one needs to bring out more money. Some are still waiting, bidding at N8.70

Currently a betting stock as financials are incomplete and minority shareholder buyout still lurking around .

People are careful not to sell. And those buying are doing so cautiously.

Life changing loss or life changing profit. Choose yea this day!!

Japaul

Please why is Morgan site not allowing see what is happening. The drop page is refusing to go off thereby blocking the main page

PZ Cussons (“PZ Cussons” or “the Group”) today confirms that it has made an offer to acquire the minority-held shares of PZ Cussons Nigeria Plc (“PZCN”). Following this acquisition the Group intends to de-list the business from the Nigerian stock exchange. The Group believes the transaction will significantly simplify and strengthen its business in Nigeria, putting in place a sustainable structure and platform to maximize long-term growth and value.

The Group has made the offer to the Board of PZCN to acquire the 26.73% of issued share capital held by minority shareholders at a value of ₦21 per share, subject to prevailing market conditions, equivalent to a total cash consideration payable of £22.8 million. Funding for the transaction is expected to come from existing Naira cash balances.

The Group believes the offer to be attractive for the minority shareholders of PZCN, particularly given the recent macroeconomic developments and foreign exchange challenges. It is also confident that the offer is in the interests of Group investors, as part of the focus to deliver against its strategy and create sustainable shareholder value…



Why do they say (₦21 per share, subject to prevailing market conditions,) ?

That kind of jackpot that gives inflation-and-dollar-rate a line from Burna boy

"You go bow for the result oh"

GSK
Notice of Court Ordered meeting
Coming up on 5th December 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/39851_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC.-_NOTICES_OF_COURT_ORDER_MEETING_(COM)_-__COURT_ORDER_MEETING_(COM)_NOVEMBER_2023.pdf

We no do advert again for Japaul.
I am waiting to cash out 200,000,000.
I am currently navigating my next winning stock.
Japaul has made me and my fellow brothers who identified with me millionaires