₦airaland Forum

mikeapollo:
Fair comment; that is your opinion and you are entitled to it.

Some of us are only following the money!

Your very right!

But don't loose your guard while following the money.

Payunsin:
So true but that was during analog era.
Most investors today can sense whatsoever is cooking realtime to make decisions.
People today are better informed.

About 10 years back wasn't analogue era.

Do you know some investors have bought Oando with the intention of getting dividend in like 5 years while ignoring good dividend paying stocks. Such investors will likely end in regret.

mikeapollo:
Lol! it is easier said than done!
To me, SEPLAT is more of a UK upstream company, listed in Nigeria.
Oando are already operating as an upstream company!. What remains now is for them to tidy up their loan indebtedness e.g. by raising more equity or strategic partnership.
How many indigenous, Nigerian upstream companies do you have in the country with a population of 200m+ pople?
We only had the multinationals like Shell, Total, Mobil ENI, Chevron, Addax etc. until a few years ago.
That should tell you something.

Oga,is like SEPLAT operates their Off Shore and On Shore oil & gas platform in the United Kingdom?

The truth is always bitter! Oando's management is either corrupt or clueless.

zendi:
that bolded wan kee me wit laff.

The monkey hunter is also in charge of a Power Company.

Very soon ,he will take FBNH to like N150 or N200 and will be declaring dividend of N1 or N1.50. And when he is through with FBNH,he will take the stock price to like N300 and exit!

All hail the chief monkey hunter!

mikeapollo:
You may be right in some of your opinions, but First Banks has had a history of very poor dividend payout, long before Otedola bought into it. Check the history.

Oando has a difficult time transiting from a downstream to an upstream company, which is extremely capital intensive and quite different from importing and selling refined products through filling stations.

Oando as a downstream company was paying dividends of N2, N3, N4 per share consistently around 2001-2011 until when they decided to go upstream with the acquisition of ConocoPhilips and things became tight and crude oil fell drastically. You can check their dividend history

So,it will take them 20 years to transition?

Is SEPLAT not operating in the same Nigeria as Oando?

Oando management is either corrupt or clueless!

RingRoadMafia:
He's not stealing, that's how.

That's all that's needed to push Nigeria forward; a leader that's not a thief.

.
Who told you that?

It is because he is 'working' that is why it seems like he is not stealing.

Agbalowomeri:
Seems you don't understand
The argument is, will it trickle down to the shareholders? These guys are living large while reporting losses after losses

It will only get to those JIJOist before the ponzi ends.

Oando as a company can only become sustainable when it consistently starts paying good dividend. A company that pays good dividend consistently is a sustainable one.

History is replete with stocks like Oando. Forte Oil(FO) was like Oando,investors only made good money through absurd price appreciation.

Forte Oil was fond of paying mediocre dividends.

Forte Oil is now Ardova,and the same monkey hunter who presided over Forte Oil is now in control of First Bank and has brought the tradition of poor dividend and pumping of stock price to the roof(like N100 very soon) while paying 60 Kobo to N2 dividend.

Never forget history because it will always repeats itself!

The stock price of GEREGU is greatly inflated or manipulated.

It has not traded up to N2,000,000 since 10.00 am today.

GEREGU only paid N8.50 dividend for 2024 financial year.

GEREGU's stock is not supposed to exceed N200.

Before September 2025, ACCESSCORP will cross N25.

Payunsin:
Why do my balance increase with Morgan capital whenever I sell stocks but is always normal when I trade with fbnquest app

I always stay away from anything related to First Bank; too slow for most of their activities.

Morgan capital Brokers is better.

NBM is being persecuted by their arch rival!

Neither their arch rival nor NBM is free from committing atrocities!!

zendi:
The theory makes sense as follows: deceive the Trump hating leftists across the West that Trump and Musk are now enemies so that they will stop burning and start buying Teslas. Such deranged fanatics.

This is the intention of their staged feud.

This is a staged feud to benefit Tesla!

They are just playing to the gallery.

Mankind2024:
In other word, MTN , NESTLE. CADBURY, ECOBANK, and the rest of them that haven't been paying dividends are not sustainable?
@EDUECO,please be aware of the allure of dividends!!!!

Even if they are sustainable; I tend to play the equity market business in the safest way possible,and so I only buy shares of companies with consistent good or excellent dividend payment.

Can a company fake the payment of good dividends consistently for like 10 years? The answer is no!

zendi:
Both Musk and Trump have disgraced themselves, to avoid using more negative words.
And I am pro-MAGA by sentiments.

They both quickly went public with their break up and feuding, like two Kings dancing naked in the street, comforting and entertaining their enemies.

They could learn from the the English Monarchy, that remained aloof and taciturn in the face of all provocations from Prince Harry.

And this split is final. The bridge is burnt. Musk has called for Trump's impeachment, an act viewed by an incumbent as the peaceful form of a coup attempt. It will not be forgiven by vindictive Trump, let alone forgotten.

Food for thought for Tesla investors.

This feud or quarrel is staged to win back lost customers of Tesla cars !

Streetinvestor2:
You are right. I bought ucap below #1 and still holding.
It does not change the fact that some stocks on ngx have manipulated price. And aredel falls into such category like transcorp hotel,ote power company etc.We know how they started from the other floor. Then splited the shares like ground nuts.Made so much noise and pushed it to this floor and pumped it to #800.Go check the dividend then and now.Why are the guys who go millions via the spliting offloading it here now.If they had bought it on ngx floor they won't be offloading like what you have now.Infact many will be on loss

This written statement contain the bitter truth so many supposed 'investors' don't want to read or hear!

Any company whose shares you bought that cannot guarantee you at least 5% dividend yield which is paid every year is not a sustainable company or business in the long run or future.

A company that pays good dividend every year is a well managed one; and such company has intrinsic value which is directly related or proportional to the company's future positive results.

If FBNH with very poor dividend is above N25; so why can't ACCESSCORP that has very good dividend be above N25?

PharoahIII:
Hello house pls I need some advice, I'm new to this stock thing. So firstly what broker do you recommend I hook up with. Any suggestions on what stock to buy, I need stocks that will increase by at least fivefold in the next 4-5 years. Do you think Bua cement can multiply 5 folds in the next 5years? I can invest up to 10mil

Buy Access Holding Corporation(Access Bank);and you will never regret it.

You will get good dividends and capital appreciation from buying ACCESSCORP shares.

Morgan Capital Stock Broking firm is a good one you can patronize .

Agbalowomeri:
Revenue is 18million and no cost of sales Lol
Nigerians go leave substance and be running after hope and be renewing the hope

Just leave them,they will take them from Hopeville to Hopelessville!

Consistent good or excellent dividend payment is the real determinant of a good and a sustainable business or company.

Osimhen is too good!

Osimhen strives for excellence and he detests mediocrity.

If Nigeria has 10 other players like Osimhen,Nigeria will win the world cup before 10 years.

gigabyte13:
Hmmmmm
China go show Trump shege
China really prepared for Trump on this trade war matter.
China knew what he tried to do last time he was in power.
China came prepared for Trump even militarily.
Trump go think say na joke.
Na China go show other countries the way to deal with USA.
China no be Russia.

USA is never a match for China with respect to economic engineering or manipulation!

China will rule the world for at least 100 years

Osiris12:
Ibb can never change. The maradona himself

Naso lies full the book.
History won’t be kind to these men.
He should just apologize now that he’s still alive. He has the opportunity now to purge his heart of the burden that weighs it.

I wonder the karmic burden on his soul if eventually he passes without restitution

Are you saying IBB is a green snake under green grass.?

IBB has started his final dribbling again!

greggng:
The truth is that osimen is that player that can succeed anywhere ...

You're very right!

Osimhen plays to score and not to entertain!

With this mentality of always scoring,he will go very far in the football business.

NewDea4:
Oshole gbigbona

Skull dior!

Skull mining(ritual killing for supernatural power)should be added to English language!

The greatest supernatural power is the ability to use your intelligence in solving life challenges or problems!

I believe skull mining is barbaric or uncivilized.

₦700 is likely before April.

UyaiIncomparabl:
Tuface is a low-key opportunist. This one is seeking generational wealth. He will soon dump this one. Give it a few years. He truly knows how to spot them, I must give it to him. Except she can endure his third leg exercise from time to time without complaints like Annie did.

Why would a single, never married, beautiful and highflyer woman like Natasha go for a father of many nations from different mothers like this man? A lack of options or just low self esteem? Because this isn't love. Well, what do I know?

I think a lack of options!

Unmarried women are more than unmarried men.

DANGCEM has started a long journey!

sky2891:
Work has started in FBNH? Please, how?

Increase in price. Oga Ote is probably responsible for this.

Ginalex:
Marketjjc you don remember us this year

I be capital JJC

Raider76:
Transcorp to the 🌙

Oga 'Elu' is doing a great work!