₦airaland Forum

onegentleguy:
U are now begining to see clearly. I thought u said I should use what works for me while u use urs?

Anyway, Gen. Ty Danjuma is a smart fellow. The decision to take up a great stake in BOC gases is a fine move. His advisers must have done their homework well.
BOC gases current BS position shows that an investor looking to buy up the entire company can actually do so and still get some cash reward.
More like going to the market to purchase a commodity originally worth $1,000... only to discover that the product package came with a cash-equivalent item worth $5,000 on opening it !!
Infact with BOC gases, the buyers overall reward can well accrue to as much as near N2B !! This is even assuming that the company has zero cash in its books and excluding equity. …or assuming that the coys current cash stand can offset its equity consideration.
So ur correct with the part in bold. Gradually ur beginning to grasp the points from the post above.
BOC gases doesn’t have a negative EV oo !! …yet it holds this much promise.

Now imagine that of GSK !! GSK is currently the only quoted coy with -EV, Zero debt position, High CGPR and AER, low EFIR and more !! …what a great value-drive combination !!
If I begin to breakdown the figures in GSK, some folks will be be amazed. Its funny why that asset is not selling for N15… which by the way would still be undervalued !!
When GSK starts its rise in price, it will be much more than an “escape velocity”. I used this same line when I recommended WAPCO and NEIMETH before their speedy surge in price… I am also using it now.

Time will help put things in perspective. ...I love Mr TIME !!

Regards

Mcy56:
So, you can see that you needed a good dose of patience to able to buy any stock now.
If to say you'd come around July, you would have picked stocks at bargain prices.
Keep tab on this forum.
Try and be reading posts here.
Look for books on stock market investment and be reading.
Ask question before you jump into any stock cos not all the stocks recommended here will fall into your investment objective.
I don try for now.

Mcy56:
3rd quarter results of companies. 3rd quarter ended in Sept for most companies and they are yet to release it, it's long overdue.

Also, remember that's just my opinion.
Others may have different suggestion/stock pick.........only that, it's certain you're a newbie and don't know how to do due diligence, so you will need a clear coast and good entry for your picks.
Most of the prices have gone up now.

There are pullback in the market now, let's keep watching when it will bottom, then you can pick one or two for short term price appreciation.

Mcy56:
One to 2mths?
From Mcy, none for now.
Hold your money first, let results come out.

Biafran4life:
Naijabet

onegentleguy:
To those who are yet to align with fundamentally sound coys on the bourse, wait no more... key in now !!
If u are waiting for a deep correction, u just might be in the wait for too long and miss out on clear cut-out opportunities !!
Now is that time when the market will tend to make 1-2 step backwards, but follow it up with a 3-4 step forward.(overall trend remains bullish)

Again, now is the time to align with some select coys on the bourse.
With rates in the fixed income space trending down continuously(current peg @ </=0.5%), the policies from the economic front(the CBN' recent spat of guidelines) plus the combination of surging inflation and a depressed rate environment, u do not require the services of a soothsayer to tell u what can happen to high-yield Nigerian assets.
Simply put, the current stand of the Nigerian state is very market-friendly !!

Just ensure to align with the healthy assets/coys.

It is well.

tutudesz:
Na retirement money dey reach millions O! Boys were shell sack no collect pass 1M

Danniee:
Expectation is high here, 50%+ is expected.

ojeysky:
Maybe Intbrew, Guinness or Eti?

awesomeJ:
It started since late February.

It's not that you can't make withdrawals.

The rule was funds should exit a dorm account via the same channel they came in through.

So if you buy dollars from aboki and pay cash into your dorm. You can only take out that fund via cash withdrawal. No transfer.

On the other hand if funds entered your dorm through local or offshore transfer, you can only take it out via transfer. No cash withdrawal.

So it's not about the bank, it's about how the money came in.

ifyalways:
lol which universe are you living in ?
As at 2 months ago, if not more, No usd withdrawals, just transfers and now, u can only sell ur usd to the banks at a rate i dont even known

Olaide1295:
Many news coming in today.

First, that CBN has reduced the MPR to 11.5% (from 12.5%). Immediate effect is that interest on Savings deposits falls to 1.15 per annum.

Second, that owners of dollars in DOM accounts can't do FX transfers again. They are now being compelled to sell to the bank.

ositadima1:
, same anger issues and total disregard for civility. Oh, there is a word for that, trolling.

cucumbar:
Good Morning All,

Below is a list of Promissory Notes available for sale to interested investing customers:

MATURITY DATE AMOUNT (N) OFFER/DISCOUNT RATE
25/03/2023
​7,394,094,595.00
5.00%
25/03/2024 1,013,491,241.60
6.50%
 
Please note that investment in Promissory Notes have similar features as that of the Treasury Bills except for the longer tenors of 2 – 4years.

Customers can invest from N1M and above.

obiekunie2:
meeen!!!


weda we like to admit or not, FACT IS - THIS COUNTRY CAN BE FIXED BY IGBOS AND IGBOS ONLY!

CALL IT BRAGGING NA U SABI.



NDI IGBO HAS ALL IT TAKES.
The typical Igbo person... always proud boastful and domineering even when they are nothing.

That’s why you can’t rule Nigeria.










IGBO AMAKA!!!

Cyberknight:
I haven't seen any so-called upscale areas in Lagos and Abuja that really deserve the appellation.
Ikoyi, for instance is basically a slum with indications of past grandeur and not worth the ridiculous prices given to its real estate. I've no words to describe Lekki Phase 1.

I'd take Cantonments in Accra or Westlands in Nairobi over any comparable places in Lagos or Abuja any day.

Ogamysamo:
There are many new things happening in many places during this pandemic that people will like to see for theirselves but are not able to go due to the fear of the disastrous pandemical virus called corona which is popularly known as covid-19 and the restricted movement of planes in and out of the country.

So the question now is,
if covid-19 and its lockdown be tackled, and the ban for migration be lifted.
Which country is suppose to be the first country to be visited?

laiza:
Both. The Visa expires 31st December, 2020. It is due to the effects of Covid-19 and the UAE needs tourism and people to fill in jobs that were affected.

TMKsouth:
You need to relax a bit dude, the wiring in your head is seriously overheating. It's the overcrowdedness of Nigeria - it's like living in a beehive.

Come chill with us in SA, get you to de-stress a little. But don't overstay your visa now. You must go back !

CAN YOU FEEL THE CALMNESS ?

LukasPodolski:
This is Nigeria.


Without insurgency, I don't think South Africa is better than NIGERIA.