₦airaland Forum

Grind for Elumelu money, I just wan soft like Tony. 😁😁
This year ehn kwaruption must go round. I still dey on the fence as regards that Yoruba demon called Wale and his shenanigans with Oando.

As an investor, I second this motion. It's time for the baboon to also come and work with the monkey.

ositadima1:
If I were the management of OkumuOil, I would never give in to extortion. I would beef up security, install motion sensors and cameras on the premises' perimeters. I would employ the military or paramilitary to guard the establishment. I would provide living quarters for the workers and safe transportation in and out of the company.

The community should go and establish their own farm.

All this does not mean the host and neighboring communities will not receive some "corporate social responsibility", but it should be a voluntary decision and not forced extortion. Kilode!!

With the series of events happening to OKOMU, won't it be wise to DIVERSIFY to other regions that are relatively safe?
It doesn't have to be sudden but it could be gradual. You don't want a situation where the whole business operation is put on hold when something like this happens again.

An additional data will be to compare with the estimated reserves of each nation. In our own case, too many holes dey this pipeline of a thing.

KarlTom:
Two major factors that increase cost of production
1. Type of field: Desert or deep water well.
2. Security.
Let me shock you, the highest cost of production is actually USD70 for USA

On the bolded, let me give you an excerpt that was not captured by Punch:
"Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), told lawmakers last week that oil companies operating in Nigeria gave tax authorities $48.71 as their average cost of producing crude oil per barrel in Nigeria. "

That's the reason I said security is a major factor behind the high production cost. International oil companies are leaving the sector because security payouts are gulping their resources...

First, remember investing is not a SPRINT rather it is a marathon.
What is your risk appetite like?
Are you here for the short, medium or long-term?
What sector or public company/companies do you find interest in?
You can then build from there by researching. The web is your friend if you know how.

xyrexzmanto:
Good evening all , I will like to invest but I don't av idea of how it works @all.... Will be glad if some1 can put me tru thanks.

Eku Market oo. I'll be looking to add some Afolabi units this week in UCAP, AFRIPRUD and CHAMPBREW.

P.S.; This is Not Financial Advice, Do Your Own Research!

There is always a bad element in a good result likewise a good element in a bad result.
Your job is to leverage on both scenarios to build a portfolio to stand the test of time.

I see this NS/DS saga as a way to price the respective stocks better. Additionally, it is best to consider the best and worst-case scenarios before putting your money in.
The Market has no respect for emotions.

Q2 of 2024 is just unwrapping itself. Make we see how Mr Market behaves as more Q1 results come in.

Make all these modular refineries come list for NGX to raise capital for their sustainability.
On a serious note, govt need to foster policies that breeds more healthy competition in the petroleum space.

SetrakusRa:
Dropped this in a screener, and got 21 companies.

What do you think?

I will advise you to do it based on sectors rather than just making comparisons haphazardly.

For the return on net tangible assets (RONTA), look for one with at least 20%.

Use the formula;
RONTA = Net Income / Net Tangible Assets

To find the [b]Net Tangible Asset [/b]use;
Total Assets (-) Total Liabilities (-) Intangible Assets

Penboy:
Which website can you find this fundamental metrics of Nigerian companies please?

I make use of Investing(dot)com as well as the company’s report as well as Trading View. There are others out there though.

Feel free to look for the ones that best suit you.

WEEKEND RESEARCH;
To all who wish to take part in this short-term educational-based research, feel free to contribute.

THEME; FINDING WONDERFUL COYS ON NGX THAT ARE FAR BELOW THEIR INTRINSIC VALUE

The question I'd like to put for is this; Based on the given metrics below, what stock or stocks have a high intrinsic value?
1. Return on Net Tangible Assets (RONTA)
2. Return on Equity (ROE)
3. Profit Margin
4. Earnings per Share (EPS)
5. Debt to Equity
6. Free Cash Flow (FCF)
7. Capital Light i.e Businesses that do not necessarily require extensive capital to operate.
8. Retained Earnings

DISCLAIMER
This exercise is for educational purposes to the general public. This shouldn't be tagged as financial advice

I have one Portfolio wey I call TONI-DANG-BUA; the idea is to accumulate various stocks that I deem to good to ignore.

I for add Ote$ join but make I wait see what this guy dey do behind the scenes.

This year as we no gree for anybody we dey also follow people wey sabi road.

Hook or Crook is the mantra 😄😄🤞

Na why we dey Dollar Cost Average. The more it comes down the more dollars we buy 🤣🤣

One way to reduce your electricity consumption is to be aware of the appliances that you leave on that consume a whole lot of the electricity.

You can start averaging down from the most important to the least important.

We still need more players in the power sector. The two Alhajis may consider that in the future but nah O&G be the koko right now.

Thursday due to tomorrow and Monday being public holidays. T+3 begins from the resumption of trading the following day.

essentialone:
If you sell off stocks tomorrow, what date will the T+3 be effective?

A. Sunday this weekend
B. Tuesday next week
C. Thursday next week

Una no go like japa to Japan? Chill for a few years or marry Japanese to get Japan Pali and enter anyway including the UK 🇬🇧 soft. 🤣🤣

Sha go learn sword fighting 🥷 before you go. No go turn to PIECES untop say you deh find PEACE ✌️

Shey this machine will deliver clubs like Manchester City and Arsenal better opponents. At the end of it all UEFA is waiting for a big payday. 🤣

€1.2bn to be shared among clubs that don't join another rival competition. Shey if Saudi drop like €3bn as prize pool for a rival league, shey UEFA fit compete?

Let's wait and see sha. Broadcasting Rights business yaff set; Time to bunch in the numbers and other modalities.

A spark of positivity for investors, knowing that there are no wide margins in arbitraging.

The naira is still finding solid ground while the whole market calms down a bit. Over to the Fiscal side to set the economy back on track by tackling food inflation first.

People voted you to work for them and work you must do.

I see no difference between unaudited and audited reports of some coys listed on NGX.
Nah just rubberstamping. Which auditor wan give you negative remark when dem dey rent office for one of your estates.

Make I hold on to my tashere TRANSCORP see what Tony and the gang are playing heading into Q2. That diluted OS need some restructuring.

E fit be same a large portion of their profit was diverted towards expansion. Las las those Indian brothers go overfeed themselves.
Make market price them accordingly as they are not doing anything spectacular than the FIDSONs and MAYBAKERs of this market.

Mpeace:
Mecure wey we dey queue for that time.
So na only 15kobo dem fit pay.
Thus life...

Padi Mi has said it all. You are here to learn and not burn your hands quickly.
Even if it is just 1 to 5 shares that you wait patiently to buy is better than the ones you rush to buy all because say you dey as someone to recommend what you should buy.
You can't succeed in this market until to embrace the loss that comes with it. Enjoy losing as much as you enjoy losing.
Ire oo!!

222Martins:
To all the newbies always asking what stock or company should i buy? I will say this once and for all.

NOBODY can tell you what is best for you to buy/sell because they don't know where you are coming from, your risk appetite and where you are headed. I might recommend a stock to you and all i need is for that stock to move 20% so i can make N100M profit, while you will be praying for that same stock to move 100% so you can make N1Million profit.

This is why i am more inclined to discuss companies prospects and performance; rather than buy/sell recommendations.

The stock market, real estate, bonds, T-Bills, SPVs, etc are all investment vehicles..........and the sole job of a vehicle is to get you from point A to B. Now before putting a kobo in any investment vehicle, ask yourself: Where am i now? (Point A) and where am i heading to? (Point B and C). The answer to this question will form the foundation of your investment plan and goal; and will go a long way to determine the type of investment vehicle to take.

Sometimes, it may take boarding and disembarking 2 or 3 investment vehicles to get from point A to C. The timeframe of this journey, the best vehicle to take and the challenges you will face enroute your destination is what nobody can perfectly predict for you.

You will be surprised that you may quit the journey along the way or change your direction as you get older and more experienced. When i was younger and ambitious, my goal was to grow my personal paper portfolio to N1Billion.........As i grew older and experienced, i realised that the only reason i wanted a N1Billion portfolio was just for bragging rights... That excitement is all gone today.

Today, all i want is to keep my money and paper assets moving ahead of inflation.....While making sure that my hard assets are hedged against any political/economic shock; and my children are groomed to carry on the mission once my time on earth is done.

So please, do yourself a favour and start asking the right questions............ Instead of asking for what/when to buy/sell, ask for opinions on company prospects, corporate announcements and company performance based on their Financial statement and future Outlook.

Wanting to make money in the stock market is not enough fire to see you through the perils of the market. You will need a stronger goal and a solid plan to stay and grow in the game.

Dear Newbies,
I know you are overwhelmed with how infos dey come left, right and centre. My advice is for you to go back to pg.1 and learn right from the beginning.

Go on a journey of the ups and downs of NSEMPA and see have some have weathered the storm as well as some who couldn't survive the storm.

We are all in this to build wealth and not just a fair share of one-hit-wonder.

Have a lovely trading week!!

The range of 160-180 is where I will be looking to average down if I have any interest in MTN’s recovery.

On the Macro side, we wait for Q1 results at least before committing reasonable Afolabi units.

P.S.; NOT FINANCIAL ADVICE. Do your Research!

Coolcash1:
No sir. It is still expensive.

Me and my household won't touch it until its below N90

For this jungle weh we dey na to average down. MTN just getting cheaper till fundamentals says otherwise.

Nah GAMBU play I dey do 🤣🤣

Nah to just stick with the little Afolabi shares I get for TRANSCORP. No need to rush as long as the parent coy no dey reduce her holdings in the POWER arm.

A word of advice to newbies on this forum is to go back to the very first page of this forum and follow through. 50% of your questions can be answered by just doing due diligence to go through past comments.

Even till this day I still backtrack to refresh myself on some OG bants 🤣

What you have in this forum is a gold mine that rewards the PATIENT.

BREAKING!!
MTN just reached a 52-week low. Avenue for bargain hunters to scoop when the coast is clear.

This week is going to be interesting; a PATIENT investor will seek out value amidst all this hullabaloo.

megawealth01:
I would have listed the stocks to look into but this is not the best of time to invest big in this market... There are still uncertainties

I do understand you, but I'm here to do my preliminary homework based on those four pillars. With the TRANSCORP POWER listing next week, it only makes things more interesting as regards POWER, just need to know what it is for me as a TRANSCORP shareholder.
Let's see how it all plays out.

To the OGs and well-wishers in the how, I do need a bit of advice from you.
I’m planning to create an investment portfolio based on four key areas-; Food, Clothing, Shelter and Power. Would you care to recommend some quoted coys w good fundamentals that fall under this category or have a direct or indirect link to the categories mentioned above?

Your diverse feedback is much appreciated.

Opay and Kuda dey. My BVN is enough for Eco and UBA to use.
Nah who don chop get mind to queue for bank. Everything nah initial gra gra