KingKO22:
Celebrating commissioners quarters in Anambra in 2024?

A gargantuan waste of states limited resources. The cost of maintaining those apartments in the coming months will be more than the cost of building them.

megawealth01:
Today's Top volumes trades

Top of the morning to all my paddies

Please, which app or platform is this?

jedisco:


Hehe... thats not income/taxable revenue. HMRC isnt bothered abt it.

But the risk folks take sef. Tomorrow, stories would arise.

Why not put that same 2k monthly in an ISA (cash or stocks) and get interest or growth on it which is interest free? If you're worried about dipping in, a fixed term cash ISA would help.

For early takers, ajo/esusu/contribution provides a soft loan.

ositadima1:



I agree with you that the share price may drop later in the year, especially if better investment alternatives become available. An 8% dividend yield (2/23.9) may not be enough of an incentive for some investors.

Regarding whether 2 naira is possible, if we check UCAP's 2022 income statement, it lost 6 billion in credit losses, compared to just 450 million in 2021. I doubt the losses will be as high in 2023, and I feel 2023 was a better year overall than 2022.

So a share price of 2 naira or even higher seems possible.

Still, 2 naira would bring the dividend yield to 77%, which is well below the 128% from fixed income. Maybe that "person" will consider selling half their shares, as you suggested.

What?!

Agbalowomeri:


Bear will come
You could still get UCAP at half price

We'd be back. At least when the pull back dips enough to staggered entry.

emmanuelewumi:




You rebalance your portfolio, the market can't continue to rise forever, a sound stock delivery good financial performance can be stagnant for years or might even depreciate.


Some Personal Finance experts believe we should subtract our age from 120 whatever we get is what we should have in equities. Eg a 30 years investor will have 90% in equities while a 70 years investor will have 50% in equities.

We should be able to strike a balance between safety and hope.

I will advise the guy to sell some of his UCAP shares probably about half because there is a high probability that UCAP will drop to N20 and below after dividend declaration. Doubt if the company can pay a dividend of N2.00, it paid N1.50k last year


My opinion though

I've always valued your opinion and this was in line with my decision. May we see more wise elders like you in this market.

ositadima1:


You bought a stock like UCAP 4 years ago. Last year it returned 57.6% in dividends. The stock kept moving up. Now you look at its current value and see that if you liquidate now and invest in government bonds at 14 to 13%, you stand to get about 128% annually(on initial stock investment).

You want to do it, but you consider that 13% is fixed and once you are invested, neither your capital nor dividends will appreciate (or fall). However, the dividends have no ceiling and if the stock has moved this far, it would likely outperform the fixed returns over time.

You also realize that you may never be able to buy that stock at that initial price again. What would you do?

CC Pa Emma, Mcy56, Agba

Was in this dilemna earlier last week. I averaged UCAP below #3. Enjoyed the did year in year out. With the current capital appreciation, I was torn between your options above.

My decision. I split my holdings. Took some money off the market and expanded my business offline.

(I am 2006-2008 market crash survivor).

currentprice:
BULL Sweet sha. I smile when I over heard wife on phone planning to change dad car without asking me for support.

wonder what "Mercy" will be doing

Mercy is on another level.

Choiceguy:


To me Oando will still trade below #11.
When chief Agba was telling us some of us here were busy doubtin.maybe they think stock market use to come down like cypto.it takes style to come down.

Price goes up again when good dividends are declared not coming down when dividends are declared

The major thing safeguarding the NGX is the 10% rule. If it's left to some players, pump and dump will follow like US penny sticks and crypt0.

Righthussle:
PDP still dey Nigeria?

He reach to ask o.

Xosh:
Who let her in,in the first place?was she clad in hijabu?

Looks like she missed road.

fergie001:


https://m.facebook.com/story.php?story_fbid=pfbid0xfNrd5PwgxY46KuaQ1t3krk3xXBGMxNZzqQ2QsGv4S8PLrBMNjYpq7h1MhcPMC64l&id=100068850777180&mibextid=2JQ9oc

Nigerian politician.

wanaj0:


If I make 32m from Gambling why will I not use the 32m to gamble again?

Those saying he should have bought dividend paying stocks, did he make 32m by buying dividend paying stocks?

Someone that bought JaPaul GOLD should be ready to LOSE all his money.

Anyway, 32m school fees is not too much to pay for education.

I am sure he will make another 32m soon!

When I saw Japaul Gold on his list. I skipped.

adubam:


I'm sure of 68cband. Then the other cband that deeperlife and mfm use for life coverage. You can also use it comfortably for about 8 Ku band

Do you install? What are the top channels or birds to track there?

adubam:


Sure. Core North and Lokoja you may even get Nilesat 7w, 68e C-band including sony packages.

What's the incentive for a 1.8m or above in Abuja

BAMOFIN1:
@Emmansoft, @Customstreet, @Mcy2 Please I already have stock account with Morgan Capital which I have found to be very okay.To diversify I want to open a second stock account with another low fees broker that also allows its clients direct live access to the trading floor, comparable to that of Morgan. My research on this thread pinpointed Stanbic brokers because of its relative low fees but going by the discussion here at page 6967 between BabsO2 and Omoeko to the effect that they monitor their orders to Stanbic through the portal of other stockbrokers, I now hesitate to go with Stanbic. Please which is the stockbroker whose fees is low and at the same gives investors direct access to the market like the Morgan's platform? My need is a broker with low fees (I do jijo) a platform with direct view of current market bids, offers and volume on real time basis. Suggestions are welcomed and I will do my due diligence before choosing. Thanks.

Irrespective of the broker you find with a low fee, you can continue to use your access to MC to monitor trade activities .

Tntsi:


You should justify obas that have become miscreants.
When your oba in lekki desecrated himself during election by bringing out oro in broad day light, where were you?

See your oba in yoruba land. Small boy de drag in bear bear.

That's their wahala. Some of them have dragged themselves into low places and meddled with the wrong people. I won't even do that to my father.

Tntsi:
Nonsense talk. President obasanjo did nothing wrong.
It is even worse in the north.
In the north, a governor will not only stand an emir but he will sack him and divide his throne.
Ask the former emir of kano .

It may be right or worse elsewhere but that shouldn't justify it in Yorubaland.

Omolomo4eva:
NLC is the most useless,stupid,unreliable, idiotic and foolish group in the history of the world

NLC was formidable but you see the nonsense of the last 20 or so years? Political puppets seeking after their bellies

The most useless entity when it comes to the interest of Nigerian workers.

BikoMERCYme:
Bastard.......
We have ADEBAYO not ADEBAYOR in Nigeria.......

Spend some data on education. That spelling is influenced by french language. His family are from Old Oyo State.

accordadoga24:
God bless Mary Slessor.

If not for her, these people would not be existing today.

That's in another part of Nigeria. Yorubas don't kill twins. They are welcomed as special blessings from God.

Laudbtc:

I’m guessing multi tv is also called joy tv or Ghana tv right?

Same same, like Chinese will say.

StrongAlphMale:


Ilorin Kwara state, osun ogun and ekiti state are owned by the Hausas and fulanis. The Yolubas are origin of Benin Republic and then settled in osun state which was given to them by the Hausas!

Ilorin in an Hausa land. The Yullobas should evacuate from there at once if they can't respect their host. It's time for the Hausas to reclaim their lands which rightly belongs to them

Please, it's time to cut off whatever you drink or smoke.

ThiefnubuBandit:
There is nothing Malcolm Omhirobo the charge and bail lawyer can do. Rubbish!!! Kwara State belongs to we Fulanis. Yerobas keep off!!!

Impostors everywhere

nepapole:
This babe no get taste.

From alaafin to portable.

Bad bad taste.

Money taste same everywhere

sharpwriter:

What are you noting you got it right and he was wrong!

i don't have energy to argue.

graphicicon:
@ everyone , where can i watch BBnaija with 1.8m dish, my wife would not allow me to rest, she want me to get dstv, and i dont have cash,
we can talk privately on 08069338224 , i dont have browsable phone now , they stole my phone, just get to me on phone and i will call you back, please am especting your response.

It's good you want to make your wife happy but if she prioritizes BBN or any other TV show ahead of you getting a new phone... she needs to pay the sub for her show.

Money!

MITCHELL96:
The best football picture of all time. Wow!

I never imagined these people will take a pic together

Thanks to Louis Vuitton for bringing them together for the first time ever.

Ijoh:
Wike is bringing a PDP Governoship candidate so the news is fake.

Wike backing a gubernatorial candidate is not based on him supporting a presidential candidate. The tickets are parallel and exclusive.

olenyi:



You came late to the class then.

Even the Sabbath day was originally on Saturday and not on Sunday. Sun-day was to celebrate the sun god but Christians (I believe Emperor Constantine) shifted to sunday to attract more idol worshipers to join.

There's a difference between Sabbath and Sunday. Sabbatharians keep sabbaths, people who get days off use Sundays for their assigned religious activities.

EgunMogaji2:


The whole strategy behind my real estate holding can be summed up in this quote from Will Rogers.

“Don’t wait to buy land, Buy land and wait. Find out where the people are going and buy the land before they get there.”

It’s a decidedly small convenience store and lounge to cater to the immediate neighborhood.

I’ll post a wider short so you can visualize the coming and existing development. A lot of rental flats are in the picture. This is hovering in place and looking North, East, South and West.

Thanks.

PS: I’ve said it before too that I actually don’t need to make money in Nigeria as I’m fully retired after over 3 decades in the USA, so I only invest with my slush funds which excludes me from mainstream sectors. I’m okay with that.

Ibadan is no longer a City of Brown Roofs. People underrate it at their own loss.