₦airaland Forum

KarlTom:
A cross deal would have sufficed but...

Who would have bought from the MD at ATH?

The guy who spoke about his farm made a tongue-in-cheek comment. He was highlighting the absurdity of the market cap (whether it is translatable into actual cash or not). The whole point was that the Zichis valuation had gone out of hand...so perhaps he should jokingly make himself even rich by coming to the market since his own farm is comparable.

ositadima1:
You know, it is always good to revisit why an argument started in the first place. Somebody claimed that his farm, or some farms he knew, had more resources than Zichi, so if Zichi’s market cap was 48 billion at the time, then his farm should be worth more.

I countered that market cap should not be taken too seriously because it is a theoretical figure that is difficult to translate into actual cash or even true worth. Zichi’s 48 billion valuation does not mean much unless there is a buyer willing to acquire all the shares at that valuation.

Streetinvestor2:
The day karma twist your neck.Na that day I go quote u saying...RIP.For now u don exist as I hate criminal

👀👀👀👀

Accumulated more Aradel today at 1900 (it traded at 1900 for about two minutes 3:48-50pm). Cost basis now about 740. Excited for the future

It was actually about $8bn back then. I remember some banks coming together to pool like $2bn or so then for him (around 2012/2013). Then the costs started to ballon over the years.

awesomeJ:
The fact that Alhaji spent $20bn to build it doesn't mean anyone will be able to built it for that amount today. $20bn of 2013 is worth significantly more than $20bn of 2026.

Then you value the market share the refinery already has around the globe and other such intangible assets.

Book value should be $30-$40bn

$50bn market value is then just 1.25x - 1.67x which is very fair.

Ask their customer service

missuzoma:
Good afternoon my people. Do they give bonus shares to holders on the Bamboo app? I am still waiting two weeks after to see my bonus shares.

Wow. N304m just like that.

Ask Bamboo custoomer care about it. I think it should go to your bank account

IyawoToBe:
Hey guys, my question is about dividends on Bamboo, I buy my stocks from there. Has everyone gotten their Zenith dividends? Also, did it go directly to your Bamboo wallet, or did you have to deal with the registrar? Some people are saying different things, so just trying to clear it up. Thank you

Sept 21 (thereabouts) 2026 is when we will formally enter. When the ban was lifted we entered a waitlist sort of mode

Streetinvestor2:
Pls more information on the frontier market in September. Is it when it will kick start. I thought it was already in place and operational immediately the ban was lifted

Harddiskng:
Final question: What if your “retirement stock(s)” is(are) overpriced currently? (for me my retirement stock is Stanbic but i think it’s overpriced currently)

What is the course of action

If it’s overpriced, then what does it matter since it’s for retirement?

They already work at Dangote refinery. CEO said it on Twitter Spaces last year.

Streetinvestor2:
Whr are u seeing all this your 2.1 and 2.7 million barrel from.What is the country producing since Tinubu became president

Are they already rendering services to Dangote Refinery. IF not what makes u think alhaji must contract them to do the job.Abi they have monopoly in thr line of business All those productions targets na same stories we had in power sector in the past 3 yrs.The country is still struggling to maintain 1.5 million barrels

Ok you expect 2 -2.5 for eps for 2026 annulised based on new OS. If that should be the case the stock is already fairly valued
What should dividend hunters be expecting here for 2026

It is equally on record different things move price of stocks on ngx so Tinubu even borrowing more money can push the price to #100 and above. Then if the ceos dey cowboy club. That one fit make the SP perform magic

Yup. They can’t even allow it selloff. If TIP falls to even N23, I fit take loan go buy 🤣🤣🤣

isaacosas01:
Any TIP selloff Post PO allocation will be bought aggressively!

The train might leave those who sell off very quickly.

We need to know the numbers on TIP is number before funds raised from RI and PO are deployed, imagine the financials when those funds are deployed!
TIP should go to a 100 easily!

It’s a psychology thing that people don’t notice (because they don’t always think of consequences, only reward), but which has worked for me as I’m good with even 20% growth a year as long as company is one I believe in.

You’re welcome.

chimex38:
........Because sometime in the future you will still average up to the price you are scared of today.
Great point.

In other words:
Advisable for Long-termers to never fully wait for a price drop from a supposedly high price that may or may not drop. Why?
There's a higher chance one would still average up to OR even average above that same high price in future..
So why wait?

@deathwing
Weldone for extracting this "seemingly" obvious but greatly overlooked piece in investing decision making .👍

Estate planning, tax avoidance(legal) and tax evasion(illegal) are some of the reasons people do it.

Also to reduce liability so you can sue him but not his money as it’s a different entity.

Every billionaire this sort of structure (including Peter Obi sef). Infact, your financial adviser would even advise it. Same way we ‘poor’ people use company account etc to run some expenses and investments to reduce taxes, exposure and ensure confidentiality

Streetinvestor2:
Those crying at the burial can answer the question best.why was he hiding the money in those tax heaven. Thank God many will be lost as karma is real.Money even fmly can't access is always crime money. No genuine money will the owner not put things in proper perspectives for fmly to access in such case.
We dey naija and operate on the street. Na so alhaji take they hide his wealth for different secret holes.Na criminals and drug dealers they do such.it is dirty money

Stockhunter:
Yes o. TIP fair value has always been around 30. When i did the analysis around nov/Dec during the PO offer. After buying the PO i still bought aggressively on the floor when it came down to 10/11, just incase i dont get all the public offer... my AI bot de shout accumulate. I even put fear for the AI say over 1.1 billion shares de come from the rights issue and public offer, e still de shout accumulate... TIP is about 35 percent of my portfolio without the public offer.

Nice. Same here. I bought PO, and bought on the floor at ATH of 18 whenever small money entered my account. And kept accumulating at every ATH (including N30).

With PO, it’s about 20% of my portfolio. Without PO, it’s 5% and I’m still 76% up.

Don’t wait.
Never wait. TIP to N50!

Stockhunter:
Hehehehe this market sha... At 18 people were waiting for the PO allocation for sell off to jump in. It rose to 30. Still waiting for the allocation. It might get to 40 then the allocation comes and it drops to 30 and stays there tlll quarter 2 results to shoot again. In real terms above 60 percent has been lost if you now enter at 30 after sell off rather than the 18 to 20 it was.

Well everyone has their strategy.

I find the famous waiting strategy people talk a very fascinating one. If you have some money to buy a stock, never wait. Even if na 100k, put inside. Just commit to something else you won’t commit to anything and you’ll HAPPILY later rush to enter at a higher price so that the bus won’t leave you.

I felt same for Seplat buying at an ATH at 9000. I think someone here said to wait because it would correct after Q1 or dividends or whatever, but I closed my eyes entered with 50% of my budget. I’m currently 26% up. If it crashes, great! I’ll just buy more; but if it doesn’t my 26% is already assured. My own personal strategy is NEVER WAIT esp if you are going for longterm anywhere. Because sometime in the future you will still average up to the price you are scared of today.

I have many such examples.

Jerekre:
It can come today, mine came about an hour ago

Mine finally came in around same time!

Na wa. Our own na till next week be that

IamR:
I got it.

Did anybody actually get Custodian dividend yesterday?

ositadima1:
Price can move even without major news because aggressive buyers and available sellers can become imbalanced, and momentum can sustain that imbalance longer than you expect.

Haha, I saw what you did. Even I also wondered at the previous tone.

Kesta22:
I plan to invest and hold for a long time. Like to keep adding up and gradually build my portfolio for years. I want to be enjoying good amount of devident when I build my portfolio to my target and still manage to maintain stability in my investment ( I know the market goes up and down) but let it no affect me over time like 5 years after

then shouldn’t you be adding to your Wapco? If you start selling after every little dip now that you’ve just began, it will be easier to do again and again

Ginalex:
I'm waiting for when they'll credit people with their PO and RI. The sell offs then would be massive... Na then I go jump in with full force... That time will come I'm sure of it.

Will it go below the N19 it was stuck at for months? If not, it’s a lesson for that that you should have bought all this time 😀😀😀

Ginalex:
Seeee I no go sell 1 unit from my holdings. E pain me say I no buy more . Imagination wan wound me. Like "if I had known" kind of situation. My 1m is now worth 3.5

You can(and should) keep buying small small. N50 is sure in no too distant time. I only started at the PO, but been topping up on the floor almost ever day since then. Currently 200% up as my cost has reached N12. If you’re in over the long term, your 3.5m will be worth less by 2030. So keep adding small small and you won’t notice. 200% of 5m is better than 300% of 1m.

TIP trading at 36. What a run!

HesInMe:
DANGCEM going to London:

https://www.ft.com/content/966d1c99-dd70-42a7-afd5-e3524a7566a1?syn-25a6b1a6=1

Guess he is ready for 25% minimum free float. London no be Lagos.

Managed to get some MTN at 804/5. Wapco at 309.

Just saw UBA is still cratering.

nosa2:
Dey play. A man who knows how to fish is a man that will not bow to you tomorrow. How is that in your best interest?

lol

I didn’t realize the people in this thread were actually so divorced from reality and therefore believe in their own hype. I no talk again. Make we dey talk Oando and Access dey go.

Streetinvestor2:
Why do you keep sounding this way.
When you whr canvassing for people to be part of your moringa farm.Which obviously later failed.Was it because of the wrong choice you made then because you whr too sure of it.Or nigeria happened to that choice or business idea.If anyone contributed his fund into it would it have been a wrong choice he made.The government is destroying small and medium businesses with bad policies and failing economy and you are talking about wrong choices. I have closed 3 businesses since this government came to power because of high cost of power to run and sustain the businesses and you dey tel.me stories. One of the business was closed because of security reason because I can no longer be travelling that way by road quarterly to go attend to affairs of the business so after alot of mismanagement because I no longer come around.,t closed shop

Lol. Of course. That is not at all in contention. I just took issue with the part of the OP post that I quoted, and nothing else. Consider me talking from the point of view of an empath. I know terrible things are happening, but I would never use poor,unlucky people to make a point regarding my own success; I feel the pain of many too much, even though I am mostly above it, by the grace of God.

I know how many adults’ school fees I’ve paid, money for fuel I’ve sent to hardworking, hustling people so they could run their generator and fridges and so forth to say something like ‘I don’t know why etc are cursing leaders because NGX gave me dividend’. It’s ok sha. As Una talk, let everyone do their reality dey go.

nosa2:
This Una conversation dey do me to enter.


Everybody cannot be rich but plenty poor people are poor because of their bad choices. One of those choices is not taking responsibility for their destiny

GeeKudi:
You are sweating this much over what you admit is his reality. That is what it is - His Realities. Don't be bothered about it. You should share yours and 'beautify' it with all the woes you just listed. Maybe that way, you would find some comfort.

He is a writer of epistles who cannot read between the lines; a thing of endless wonder.

Asangbekoko:
If you have really been posting your achievements in good faith, there is no reason why you should have responded to the post under reference.
He simply commented that the socio-economic situation is hard outside there, to the extent that a very few number of people have something extra to invest like us.
He therefore concluded that you should not use the rosy time we are currently enjoying in the ngx as indeces of the socio-economic situation in in the country, and use same indeces as parameter to praise the present government.
I don't think that there is any harm in this opposing reasoning faculty.
And I don't see any reason why this response should have generated any cantankerous steam from you my dear friend.
You can't be always right.
One love.