₦airaland Forum

Shalom428:
If you have good money that you don't want to lose and you are risk adverse, just align with money market jejely for now. NGX defiles all analysis at the moment. Floor market is more attractive than RI.. Lol ...

The game right now is for the market makers, the money bags that can afford to average down, the bullion vans that want controlling shares in some companies most especially banks and the highly experienced investors.

If you don't fall in any of the above categories, save yourself some sleepless night and invest in short term MM instruments, the rate is good right now. Be a smart investor. When the coast is clear , even the blind will see.

Shalom

Quite frankly,you are probably right!

But don't forget that there are folks with good cash flow from their business or job that buy good dividend paying stocks once every week or once every month of the year.

For me,I believe time in the market is better than timing the market.

EFCC should start arresting and prosecuting the big fishes(corrupt politicians) the way they are arresting internet fraudsters!

Any thing can kill and not every occurrence is spiritual!

That's why as an individual or parent you have to be careful of what you give to your children.

Parents should also desists from giving their children over processed or junk food!

There was a time in my life(as an adult)I almost got chocked by convoluted assorted meat and bony fish.

That is why I don't eat tough bony fish and tough convoluted assorted meat.

Quelme:
This thing go pain the West. On top all the sanctions and antagonism the dragon 🐉 still waxing stronger.

First nation, e no easy. Thumbs up China.

No country is a threat to China in our modern world !

China as a country is in a league different from that of other countries.

China is the greatest country in the world!

China only fights technological wars(I mean China is very competitive and progressive in technology).

KarlTom:
You are creating a dividend version of FUGAZ

Yeah!
Or ZAGUF

yMcy56:
My Ogas that used to give you sound fundamental stocks backed with TA, where are they?
Shebi Una don insult them commot for here........so mine can't be an exemption nah.
I just decided to post here today after sometimes, see what your mindset was again.
Issorite o.
Una talk well.

I didn't intend to cast aspersions or denigrate you.

I'm profoundly sorry if I have offended you.

Abeg no vex o!

I think Zenith Bank,Access Bank,UBA,GTBank,and Fidelity Bank are excellent banking stocks newbie like myself can key into from now till the end of 2025.

All of them paid good interim and final dividends last year(2023).

Ginalex:
My oga don land o😃💃

No let your Oga carry you go where you no know .

I'm just joking o, don't take this serious o😁

SetrakusRa:
First bank really do you strong thing

I sold when the price was close to N40 this year.

janga:
hey friend, your vent on the Elephant is really too much, it show that u had put all ur hope on them and was expecting too much from their dividend which they never delivered. dont put too much emotion on stock trading, u can just sell and move on c’est fini.

I sold a long time ago,but I'm kind of warning those folks who are new to equity investment.

BabsO2:
Will all these wobbles not reach the banks with huge impairment losses in the months and quarters ahead if the wobbling is not halted ?

This may likely get to First Bank if the mediocre or corrupt management does not turn a new leaf.

What befell defunct Skye Bank may likely befall First Bank in the next 10 years.

Ginalex:
A quick glance of the bank's 5 year financial summary tells one all they need to know about whether they're fundamentally sound or not .. plus for there to be an exit by one party, there's a corresponding accumulation by another.. 6 billion naira worth of trades in a week on one stock tells a lot, don't you think so? Or 6 billion na money wey person dey use monkey hunt?

I believe big shareholders are reinvesting their dividends.

ZikkyChops:
You never jammed GTi. Very useless Registrar. Don't want to pay outstanding dividends.

I'm having the same issue with Afriprudential Registrars!

I have sold 99 % of my stocks for more than 5 years,but my outstanding dividends have not been paid.

jubrilELsudan:
UNIBEN BOYZ DON CHICKEN SHA CAUSE BY NOW DEM SUPPOSE DON BURN DOWN THIS STUPID LECTURER HOUSE AND CARS

He is surely a member of 77!

He is definitely a member of the main clique in the University of Benin.

Like 60% of the lecturers are affiliated to NBM which was established in UNIBEN.

Majority of the male lecturers are just like this fellow,they derive joy in frustrating students.

Government funded universities in Nigeria are just like Nigerian government;very corrupt,mediocre and inefficient in service delivery!

Equity or Stock Market is like Real Estate(Housing Rental Business).

You built a house for 25 million Naira and could only get 250 thousand Naira as annual rent.

The above example can be likened to someone who bought 1 million units of First Bank shares for 25 million Naira and the person could only get around 3 hundred thousand Naira as dividend.

Both investors from my examples above have made a wrong investment decisions.

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/41317_FBN_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

Q1 EPS of 576k as against 138k of previous year

I believe this result is fake!

An 'Intelligent Investor' in Nigeria must see beyond EPS(earning per share);interim and final dividends is/are a true sign(s) that the stocks of a company has real intrinsic value.

EPS can be faked but you cannot fake consistent dividends for like 10 to 15 years.

The police must reduce their extortion in order not to bring about another End SARS.

Warri no dey carry last mentality done put dem for trouble.

You are aware your source of income is not genuine and you were lavishly spending online in the USA!

Dem think say USA na Nigeria.

This picture is a true summary of Tinubu's governance in 1 year!

The low income earners are really going through a lot.

He has settled the judiciary,the police,the armed forces and INEC; so he will rule for 8 years!

mikeapollo:
What FBNH paid as dividend is too small, but I think it is because they want to conserve funds for recapitalization.

I am not in support of this.

The management should reduce the level of their corruption!

The impaired loan is very huge.

I feel First Bank is not well managed with respect to the loan impairment.

Dividend is a true measurement of a well managed company or firm.

janga:
for FBNH mind, una don collect dividends via the capital appreciation

Zenith and UBA also appreciated in price but a good dividend was declared.

stcool:
I dont waste time to exit any company the management wants to be stupid....the last time it ever happened to me was Oando, during the days of SMN.

I have exited FBHN....If I move the funds into TB I am sure of at least 4-5M in upfront interest payment for 365days tenor which should help cover the loss. I
no dey do, hope for the better with cowboys. I just count my loss and move on.

You have absolutely done the right thing .

If FBNH cannot pay a dividend of N2.00 from an EPS(earning per share) of N8.59;then probably the management presented a fraudulent financial result.

I love this small small bear bear wey I dey see so😁😄

leparj:
360k is three hundred and sixty thousand naira.
That is what he meant.

Really disappointed with FBNH.

Below 2 percent dividend yield is too poor for FBNH!

The management of FBNH doesn't care about the financial progress of the shareholder!!

I was never a fan of FBNH since when it became inconsistent in dividend payment!

If you're a dividend investor in FBNH,I think this is the best time to sell it.

Any company a certain Mr O is a major shareholder,it is always associated with poor dividend.

Gerrard59:
This is not the first time the West led by the US is fighting a peer competition when she cannot compete. The same was done against the Japanese, yes, Japan, the US' best buddy in East Asia. Japan was in the same position as China today with its semi-conductor firms dishing out chips like mad. Japanese automakers were producing quality cars at affordable prices. Japanese banks were dominant throughout the world. The US was angry and complained bitterly that its products are not allowed into the Japanese markets (a lie). Japanese weren't interested in buying American products for cultural and geographical reasons. For instance, American cars are way too big for Japanese roads and streets.

Japanese semiconductors were dominant in the industry because of their efficiency and affordability. The same rhetoric against China was peddled at the Japanese. A Chinese man was even killed by an irate American because he was thought to be Japanese. It was that bad. Mind you, at this time (1980s), Japan was America's major ally in the whole of Asia. America collaborated with the Japanese to rebuild the country after bombing her twice with nuclear weapons. Japan was, and is, literally America's baby. Yet America was aghast at Japan's economic growth and forced it (Japan) to sign the Plaza Accords.

So, if Japan could be treated in such a manner, how much more China?

Our people should learn to read history biko. Read the Plaza Accords, Centruy of Humilation, Opium Wars etc.

As for EVs, presently, no Chinese car is being sold in the US as the carmakers are opening factories in Southeast Asia and South America. There is even a plant coming up in Hungary and Mexico. Guess what? American lawmakers complained to Mexican politicians why they allowed Chinese automakers to build factories in the country. Imagine questioning a country for accepting foreign investment in manufacturing o. As for Western automakers, and even their allies' vassals' automakers in Korea and Japan, NONE can withstand their Chinese counterparts in all aspects of EVs. Yes, China is that dominant. EVERY Western automaker who wants to make an impact in EV MUST collaborate with a Chinese company to be able to compete. China is that dominant, out of sheer hard work, persistence and determination.

My advice to the Chinese has always been simple: play the long game, invest in other countries. The West is less than 20% of the world's population and landmass. Play the long game. Develop the technology and sell it at cheap prices. Yes, as it is, Chinese EVs are almost like pure water yet have the highest quality, tech and designs.

Play the long game!

You're quite right!

Just like the way USA treated Japan during the 2nd World War is similar to the way Britain humiliated China during the Opium war.

But,I believe China is now wiser and prepared to dominate the world through the medium of the Communist Party of China and Xi Jinping!

China is the nightmare of the USA!

I don't think the growth of China can be slowed or stopped!!

With Xi Jinping,the astronomical growth of China can't be stopped.

Wetin be this?😁

A thorough investigation must be conducted to get to the motive and sponsor of this act.

The problem is not importing foreign instructors

The problem is doing the right things;like treating the junior officers in the battle front right ,and not embezzling funds meant for arms and ammunitions.

Securing Nigeria is not rocket science,junior officers must be motivated and remunerated adequately.

The culture of mediocrity must be jettisoned for Nigeria to make real progress.