₦airaland Forum

OBAGADAFFI:
Kindly explain what you mean by a bank run by their customers

Bank run is a situation when all(most) customers are trying to withdraw their money at the same time because their money wan enter otiló

careercrew1:
Hello house, please how can I fund my dorm account with $ at cbn rates?

Hopefully this is the first thing Jagaban tackles! All rates should be the same! There is no need to have one rate for the rich & connected and another rate for the poor

onegentleguy:
Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and RED STAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah

THanks bros, I get one small 100k. I will be putting it on Sterling. I know, not investment advice yada yada yada.

Hopefully by this time 2024, I'll be sitting on 20-50% profit

dapix:
With N1.50k, it still provides a 10% return on investment based on the current price, and far better than Dangote Cement and WAPCO.

It’s not just about the yield, you have to factor in the risks too, because of this I wouldn’t say FAR better.

Also don’t forget the big banks are less risky and provide higher yield.

Dividend growth investors will be disappointed in UCAP. Could present an opportunity, time will tell

Streetinvestor2:
Nothing to gamble now.The time is coming. The market will definitely tank by nothing less than 50 percent. The market is going to be controlled by locals. No foreign portfolio will be stupid to come and invest in nse.If you are luck to catch another otedola and his likes in another scam called listed company you can join the rider Plenty of that will be happening in the future
Then when the market tanks ,you look for companies that have been consistent in dividend payments for the past 5 yrs.And based on the price ensure the dividend yield is nothing less than 15 percent of your purchase price

What is the source of your info? Can you see the future?

dapix:
Or even N2

Na this figure I want!!!

PAYtiently waiting on UCAP

dapix:
Even last year's report was not released on the 3 friday, but 2nd friday.

Was actually in the 3rd Friday. 18th February to be exact

emmanuelewumi:
The result will be phenomenal if the dividends are reinvested and one was fully invested in the bear market

Yes boss! One time purchase that pays me dividends for the rest of my life and beyond.

This is the part that’s attractive to me.

aremso:
ucap did 9 naira last year targetint at 9 to 12

With this mindset, when UCAP touches N9, are you sure you won’t move the goal post to N8? The market has a way of messing with people’s minds.

Own 1-15 good companies, and continue to water them with periodic investments. This is how you invest and build wealth. Results will not be felt now, but in 10-20 years, your dividends will be huge.

Willie2015:
Leadership is the ability to influence others....
That's why the constitution deem it fit to place the 25 per cent criteria...
In addition to the majority votes across the six regions...
Age does not matter as far as u are 35 and above...
Its an open field... for anyone...

I agree that leadership is the ability to influence, ability to assemble the smartest people to navigate issues. Knowing this, do you feel confident that a man with very obvious health issues has that ability?

Nigerialabalaba:
Na wa o. Na so so people like u wey no get pvc and sabi yab dey suppprt oga obi ni.

I dey tell u wetin u no sabi instead make u calm down learn u dey blow turenchi.

Na 50 days to election o yet sensible people don move money for inside NSE as soon as Tinubu win d APC ticket u dey hia dey form quack doctor.

If ur elder bros be mid 30s den I don forgive u becos na pampers u dey wear wen Tinubu do wonders for Lasgidi and u fit dey like primary school wen dat one wey get 3rd class dey turn Anambra to wetin Anambra become today.

Na small boy dey worry u and ur yarn remind me wen one Papa dey drag u for here last year.
Kilomode mo? Na to play with iyepe na.

Me I no dey and be ur mate and like ur elder Bros wey go likely get pvc, I get my pvc. I no dey do akagum for obodo oyinbo land so I full ground with my pvc and no go allow small small boys wey no get pvc but get mouth full of insults to run me and Naija down from wia u dey hide for obodoland.

Any pesin wey still no see say Tinubu don win dis electiion either no dey for ground in Naija or just dey suegbe ni like Fela dey call people like dat.
Na d money part make me reply dat peteru andrew wey don check out for Naija like u too.
People wey get money with sense join am don port for NSE since after APC primaries.

If una like no come back to Naija, e no consign me.

Any investor wey dey tell anyone to wait till June sef na suegbe.
Yeyenatu.


Oga mi, abeg no loud am. Na dem bad belle and abi na oversabi or aimokan go kee dem las las

That’s how you people carry your old age on your head, like it’s an achievement. Do you not feel pity for Tinubu when he stutters when he tries to speak? Do you not feel pity when he falls while trying to walk?

You’re right about one thing though, I don’t have PVC, I don’t care about politics. I trust in the companies I invest in, not the government.

I was just asking a question to understand ooooh but as always, no answer, just noise about your old age! Like say old age dey pay bills

Harvestock01:
All these assumptions on top election matter? There are many grandparents on this forum!

My bros is mid 30s, I am assuming this person is mid 30s to mid 40s..... If he is truly a grandparent then I will understand why he wants EMILOKAN and I wish him luck but anybody younger than 55 and supporting this does not wish Nigeria well. After what the country is going through in the hands of the current ancient president

Nigerialabalaba:
Dis my oga ehn. pvc u no get, for naija, u no dey for ground, vote , u no go vote yet u dey drag Fulani like say na dem send u comot for NSE.

Serious investors don move dem money inside NSE since APC vote for Tinubu last year for dem primaries . Why?because serious investors sabi say na City Boy wey get sense, experience and sabi serious markets like NSE and na City Boy go win d election.

Oga, make I no lie for you, ehn, NSE too difficult and complex to manage for our Broda wey dey do him importation and container business jejely.

Investors sabi say NSE dey for briliiant people wey get more dan 3rd class for philosophy and submit GCE o level result to INEC o like our Broda o.

Investors don follow City Boy wey don manage Lasgidi very wella, City Boy wey get sense to score distinction for university beta pass oga Obi wey get 3rd class o and be trader o.

Investors don follow City Boy wey sabi road. Investors wey get beta money don use dem brain follow City Boy.Even Afriexim bank don put money inside Geregu and Mauritius still dey load Seplat ati be be lo.

Election wey don get clear leader On top both technical and fundamental analysis, na City Boy win d election and our election no be like wen u dey naija wen people dey rig and kill demselves upandan.

As u dey wait to come back to NSE so, ur delay don become denial and na people like u go collect our kaya las las.

You sound just like my elder bros. Why are young people in their mid 30s supportive of a man who is very old and has numerous health challenges to be the leader of Nigeria? This is not a normal behavior man!

Phlinx:
Pls be careful how you handle your money. Putting money in the NSE and holding the mentality that you are investing is a big mistake. I am not saying you cannot get ROI make money on your 10m I am simply saying you should not, must not approach NSE thinking you are investing.

If you want to put your money in something and go away for ten years, maybe you can look to NASDAQ and buy shares of a viable technology company this is far better than the NSE. However, this too IS NOT AN INVESTMENT!

Na wa for this kind advice..... Not even split it 50/50 between NSE and Nasdaq?

On Nasdaq, I can easily name 10 well established names that have lost 35-50% in the last 11 months! This is including all dividends paid (I own some of these companies). Meanwhile NSE, I am breakeven when you factor in the dividends paid!

Backpedal:
I believe with an uptick in optimism
The share prices of these companies will rebound again

What we are witnessing in part is some big funds pulling out of the NSE

I believe so too, but company can find a better way to maximize shareholder returns especially at current low prices!

In 2023, this useless government will collect around N150k as taxes from my dividends, you think I am ok with that? I’d rather have the company buy back shares and not pay dividends. This way, this thieving government will not eat from my hard work. Na thief them dey kuku thief the taxes anyways, not like they’re doing anything else with the money

emmanuelewumi:
If you started buying United Capital shares in 2013 and your average cost price is N3.00. Based on the dividend of N1.50k paid last year, your yield on cost is 50%.

Now do the same for Zenith, Stanbic, GTCO, or UBA. Lets not continue to talk about UCAP only.

Yes, UCAP has been very nice to me, I bought most of my shares at N5, but UCAP is only one company in a portfolio , the rest of them just doing like mumu and will most likely not pass this your 30% YOC criteria

thesilentone:
Why do Nigerian companies not buyback shares? Or am I looking in the wrong places?

I believe Dangote did a lot of buyback during the first half of the year.

Imagine if the big banks did the same thing and used all that dividend money to buyback some of their shares!

A lot of people/retirees will not like this but I personally will not mind. That’s 10% less taxes shareholders will need to pay to the crooked government

thesilentone:
I see you're referring to the currency swap, I won't be hanging my hopes of a rally on that premise.

There are too many official non-happening policies that it would be surprising if this swap happens. There is enough time for the regulators to change their minds.

Don't get pulled in or out of the market because you think something will happen. There is enough time to partake IF it happens.

100%% boss!! You see this country Nigeria, I don't believe anything until I see it! Even dividends that I am owed, I remain skeptical until that money hits my account. This is the way in Nigeria, you're almost never disappointed when they let you down

essentialone:
Dividends declared, awaiting payments...✍️

Airtel
Aluminium Extrusion
AXAMansard
Learn Africa
NB
Nestlé
OkomuOil
PRESCO
PZ
Seplat Energy
Total

Na so Wapco put me for long thing? No wonder everyone selling like no man business. Mumu company

Hogwarthtrades:
well done everyone .. a lil sedgeway; how do you guys who are self employed deal with taxes after sales of shares. This is for educational purpose for future planning. Thanks for your candid response.

"Igi Paw-Paw oni wo pa wa oh" - as a stalwart on this forum will say

From what I know, you need to make excess of N100m in capital gains to make taxes on NSE.
Dividends are taxed before payment.

Normal people like us need not worry about capital gains tax, maybe you're a heavyweight?!

pluto09:
I can't blame them for packaging their product for sale. It is those buying the product that should open their eyes........

It is like saying I don't blame scammers for scamming, it is those falling for it. Stealing is stealing no matter how you package it

RabbiDoracle:
Watch $NGE (Global X MSCI Nigeria ETF). This tracks NSE.

Last month it did a double bottom at 7.80. Last time it tested this low was in April 2020 at 7.86.

Once there is a buying frenzy, suspect that something is occurring. It could be fast.

Thanks for the ticker recommendation! I'll buy a few as a way to keep up with NSE.

Camoready:
Wonder what’s taking so long

relax, UBA usually comes in the evening/night

safepaulooo:
My brother it CLAIMS to be God's country but the bible clearly shows otherwise. 1 John 5 vs 19 says the world is currently under the power of the wicked one, that is Satan. He has been in control since Adam and Eve obeyed him in the garden of Eden and disobeyed God, thus subjecting mankind to Satan's control. At Luke 4 vs 5, 6 Satan offered THE KINGDOMS OF THE WORLD to Jesus in exchange for his worship, Jesus did not contend control of the world with him but refused to give him worship. At God's appointed time, which draws ever closer, the control of the world will be taken back from Satan by GOD'S KINGDOM. Same sentiment is expressed in the Lord's prayer taught by Jesus - THY KINGDOM COME THAT THY WILL MIGHT BE DONE ON EARTH. The Anglo-American world power is the last of Successive human world powers with which Satan has dominated mankind. IT'S END IS NEAR. Pardon me for delving into spiritual analysis. LOL....

LOL.....Bros me I am just here to make money, not Bible study! I'll believe your prophesy when I see it

safepaulooo:
The bolded is strongly prophetic. If we blend your technical insight with bible prophecy, it could well be the USA. According to inspired prophetic words by Daniel in Daniel 2 vs 29 to 45, the current Anglo American world power represented by the feet of the image, will soon be toppled by God's Kingdom represented by the stone cut out of the mountain. That will bring to an end the successive human world power domination on the earth. All evidence shows this grand takeover is drawing near. Interestingly, even your technical insight is revealing same. Very likely before 2029, no one truly knows when, but this decade is special as seen in its breakout with the pandemic in 2020. EXITING.....

God's own country about to be toppled by God . No be today this story don dey make rounds. Una prophesy may finally come through sha. There is a saying, even a BROKEN CLOCK is right twice each day.

I just dey observe

Stanbic landed safely.... Next is UBA!

Ginalex:
who else has received o? I haven't

My small 30k landed at exactly 6:01PM, same time it landed in March.

Stanbic next(these guys are usually a day early), fingers crossed

https://doclib.ngxgroup.com/Financial_NewsDocs/36695_STANBIC_IBTC__HOLDINGS_PLC%20CORPORATE_ACTIONS_ANNOUNCEM.pdf

N1.50 from Stanbic!!! Thank you very much, higher than I was expecting.

Stocks are down but my income is up! In November 2021 my average monthly income stood at N50k, today it is N107k!

The best time to buy stocks is when everyone is running away from stocks. I’ve been buying, will continue to buy. No plans to sell anything for the next 15-20 years at least.

X21:
where is everybody?