₦airaland Forum

RabbiDoracle:
It is simple maths.

Naira goes from say N360 to N590, this is 39% devaluation loss.

If I brought in $1m and invested in an asset that rose from N2 to N12 (e.g UCAP) , let's break it down:

At $1= N360, my fund is N360m.

Excluding fees, I get 180m units of UCAP.

Sell at average of N12 and I get N2.16B excluding fees.

That is 500% gain in naira value.

Now exchange rate is $1= N590,

Final fund will be $3.66m, increase of 266% in dollar value.

This excludes dividends from the stock which when added beats devaluation of the currency.

Questions :
-Are you not basing your assumptions on hindsight( it has already happened)
-How do you find similar asset that is yet to attain such price like UCAP?
- If there are controls, how do you take your funds out?

1st question : Use foresight, research to find the new multi-baggers

2nd question : look around and you will see value. There are people whose job is to forecast possible selling price targets.

3rd question: Leave story.

DOLLARTEX:
and the stock pop 10 % on the news,investors might be banking on the fact that the new investors might want to delist since they hold 75% now.they paid femi 66 naira each for 75% stake,if them give me 50 naira for the remaining 25% is it badddddddd?

stcool:
I should not blame him because they selected themselves. You did not see how OBJ was involved in every economic decision making in the country during his time as President.

Please face front!

Mcy56:
The earlier those queuing up for mtn face reality that they cant get to buy, the earlier they moved those funds to other stocks and allow bull run.

aremso:
i dey pray too ooo make all the mtn followers help me crash these stocks, make them dey enjoy their loot for mtn but as for me, ZUG is ok for me ooo

Chibuking81:
Even companies CEOs are bailing out to join mtn, after pumping they are now dumping/offloading to get ready for tomorrow.

Mcy56:
So, in essence, you're saying.................... we should play on with J ?
....but its better to watch market reaction first.

Caveat updated: Nobody should quote me, na kwesion I ask cornwall.

tritritri:
More bad news ..More bull here .

Japaul Operations Under Serious Threat
https://businesspost.ng/2019/05/07/japaul-operations-under-serious-threat/

Mcy56:
Lol. Transcorp na one kind stock, I don't know it's problem these days, it's a good jijo stock in the past. It's that oil deal news and granting of loan to Heir Holdings that made me to enter it.
It always seems as if some people are waiting in the corner to bring out plenty offers just to crash the price once they see the price going up, but it will deliver at the right time sha.

kolaish:
The guess for the next sick company to go on a mini bull has started. My mind is telling me O and O may be the next one.

Mcy56:
Over 71M bids displayed on Morgan. Dont know if its actually more than that.

locodemy:
My sister not that I am regretting o but I see a big gap between me holding zenith Bank for 2 yrs having dividends as my only profit and a person who bought both chams and Japaul at 20kobo hoping to sell at #1.

I can't condemn any decisions made by people in this stock market again.

NEVER AND NEVER

Mcy56:
Japaul getting more and more attention.....
If you like call it MH. I no get time for that. Just sharing.

rebekah2011:
Sir, go and look at payables if it increased or not. If you see accrued salaries there, please run and never look back. I just pity some folks playing kalokalo with their funds. Japaul is gone and buried. Nothing has changed in the company ooooo.

Coolcash1:
I totally agree. This is pure raping of shareholders...There is need for a forensic audit to be carried out on the company. Admin costs continue to swallow up revenue every time....

Mcy56:
Full bid now.
Japaul full bid

Peter, I tell you say you missed bargain price for transcorp, now you'll have to buy higher.

Mcy56:
You're right boss.
Just saying that based on the fact that he was already inside DF bus but when the result came out, he quickly disposed off the remaining half he left in his portfolio, believing that the price would tank......but eventually there was strong support for it at N10+..... and also getting attention instead.
More reason I thought he could have waited to see what was pursuing him before fleeing in this instance.

Well, I knew this cos he actually mentioned it when I asked him about Oando............ before cornwall someone will be on my case now.

Mcy56:
So what happened in September 10, 2012?

ukay2:
Which broker?

Mcy56:
What if transcorp win?

locodemy:
Go and make your research well,it's almost done.

Mcy56:
Hunter became hunted. Odabor.

locodemy:
Peter this one go surprise you.Bring your offers come,we go swallow am and move on........

Next is acquisition news.

Mcy56:
Never mind.

Mcy56:
You wouldnt correct decipher and decode again cos na same thing?

Mcy56:
Thank you and thanks for the meme. Can we face front now?

Mcy56:
Thanks bros. No be today I dey see road but ......... can only be decipher by those who can decode.
Not somebody like cornwall wey go dey correct English upandan. He for don sit on some profit by now if he jumped in at 1.04 but........

mendes911:
Your "errors" dey comprehensive enough but other peoples own na whack. Abeg make we analyse stocks wey we come here for.

You no fit carry bowleg dey laugh at person wey carry knock-knee.

PharmAlfred:
Bush meat finally caught the hunter.

mendes911:
It's not "they they" rather "they".