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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 9:26am On Jul 18, 2020
DUNKA:
Good day All,

Please does any one know which Registrars do online activation of an e- divided mandate?

Kindly advise names

Africa Prudential (Afriprud)
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 5:26pm On Jul 17, 2020
phoinix:


Thanks Bro, I actually have stock that are for long term, I enjoy yearly dividends. This is just side hustle.

You are very interesting.

Please keep posting and do update us. grin

Hoping to learn as much as I can from you.

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 5:23pm On Jul 17, 2020
RichEstate:
I love people who dare and unapologetic about it....theirs is the kingdom of profit fine. Building generational wealth by compounding is super fine. Investing shouldn't resemble a rat race or job. No offence please.

Honestly!

I love the guys confidence. Kinda rooting for him to make massive profits. grin

Even babes like guys that are sure of themselves. A little bit of confidence pays most times. grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 3:01pm On Jul 17, 2020
phoinix:


cheesy


Wait. Did you edit my post?

The Narcissism!

Hahahahahahahaahahahahahaha


I like this guy. grin grin grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 2:27pm On Jul 17, 2020
Mcy56:

The thing tire me o. grin

Maybe he is a market maker? grin
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 2:36am On Jul 17, 2020
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 4:48pm On Jul 16, 2020
carbonado:
yes...okay thank you..

Investment one and Merristem do offer it.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 4:45pm On Jul 16, 2020
Northeastern:


It thrives on unemployment. Even at that, Covid has exposed them for who they are. Church budget pass many states own and them no dey render any service or provide infrastructure. Just scamming people.

I agree with you 100%.

Nigerians will have to review this. If they listed churches as stocks on the NSE... una go chop dividends tire.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:19pm On Jul 16, 2020
tolajay:
Let's be careful of our narratives.

Narratives and ideologies are what determine perceptions and reactions, globally.

You've just established that you have a character defect and you're one of the folks contributing to the destruction of Nigeria.

However, you shouldn't generalise that this defect is applicable to all Nigerians... Speak for yourself and the people around you.

Sweeping generalisations are not apt in public conversations.

A foreigner would read your comment and will mentally conclude, without any personal experience, that all Nigerians are thieves and not to be trusted. Yet, you'll wonder why foreigners react so badly to you.



Bro! Nigerians defend fraud on social media.

Go and tell those guys this, not this guy. He is the least of our problems. Foreigners will focus more on the amount of people defending the right to be fraudulent than someone who feels an average Nigerian is a thief.

2 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:16pm On Jul 16, 2020
Nigsrdumb:


You are both cautious and optimistic.

Some stock's never recover. Using d house analogue doesn't compute.

If houses traded like stocks they will behave the same.

Stock number movement is majorly psychological. Thank God for liquidity, many people wouldn’t want to hold things that trade like that.

If I you know the fair value of an asset is 1 million naira, would you gladly pay 2 million naira for it? Hoping that another person will pay 4 million naira for it in the future?

1 Like

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:06pm On Jul 16, 2020
9jatriot:
This I believe is the new normal.
The way I think of it is this, assuming I ask people for a loan of 1 million with a pay back of 1 year at 16% interest with a hope to get at least 800k, only to have raised up to 4 million (oversubscription). After, I successfully pay those guys, the next time, I decide to see what happens if I reduce it to 10% interest, and still get 6 million compared to the 1 million I requested for.
Then I reduce again to 5% and get 6.5 million, tell me, if it were you, would you ever raise it to 16% again? Business wise, I do not think it will ever increase to such a rate again since people do not want to put their money in the real sector especially as we have now identified that most of those investment get stolen by workers.
I don't know why I have this feeling that TB was probably created by politicians to legally enrich themselves, we probably only just took advantage of a system they initially created for themselves.

Nope. Tbills and bonds are very important in the larger scheme of things to create a functional economy.

Read up on Quantitative easing and tightening. These are just methods and techniques central banks use to stimulate the economy depending on how it needs to be stimulated.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 11:19pm On Jul 15, 2020
naijaoyibo:
In a Bull market, any Tom, Dick and Harry can make money.

Yep! You have said it all.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 10:49pm On Jul 15, 2020
emmanuelewumi:



Good luck, for every successful Amazon we had a number of promising business that could not deliver.

Good perceptive and nice chatting with you

Endeavour to drop by once in a while to share your insight

I like the guy too. He comes here once in a while and his posts makes sense.

He has a point, but he also admitted that his claims does not mean Tesla will make people money in the future. That disclaimer won my heart.

2 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 10:46pm On Jul 15, 2020
einsteine:



In March 2012, outstanding shares was 460 Million Shares. For the year ending 2019, there were 504 million shares outstanding, so shares have actually increased in volume rather than decreased. The last time Amazon did a share buyback was in 2012. Amazon would most likely not pay a dividend in the next ten years too. This is because the focus is on growth.

It is interesting that Warren Buffett, a big proponent of cashflow investing runs Berkshire Hathaway, a company that does NOT pay dividends.

He doesn’t because of the cost it will incur. That is smart!

Just look at how much they have saved for their investors.

I will listen more to Warren than any other person in the field. People have called him out countless times, he always comes out on top. He is still on top with his company holding 130 billi in cash, who is your FAV? And do they have that in cash?
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 10:43pm On Jul 15, 2020
Nigsrdumb:


You can do all sir. I have every strategy in the book.

Even if you were investing you still need a stop loss. The market crashes every 5 - 6 years, bottoms about 25%, that's where value investors get burnt.

Look at Warren buffets portfolio. He got burnt with Wells Fargo.


Are you seeing a temporary drop in price as getting burnt?

Hahahaha! That is an opportunity if fundamentals remain the same!

The same happened with Zenith and GT bank this year when they dropped massively. People who know opportunity did what they have to do.

I have seen this market before where everyone feels like a genius. It doesn’t always end well. I know, I have witnessed it. Except you want to tell me you can time the market? In that case good luck.

There is one certainty though, Powell won’t print dollars forever.

2 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 8:26pm On Jul 15, 2020
Nigsrdumb:


That's why people must be extremely versed in what they're doing.

What is the use of a stop loss? grin

Lol! Stop loss? Meaning you are trading?

The reason why people don’t get to be as rich as Warren even though his investing strategy is simple is because many people like instant gratification. And Warren has warned that investment should be boring like watching a paint dry.

Let’s assume you make some money now, and the bears come. Then what? You start betting against the market again? What stocks would you short-sell? How would you know when market sentiment will favour your shorts if you invest the same way you did in the bull?

Why you are busy stop-lossing and following the crowd other people are buying Indexes or companies with good financial standings paying less in fees and indirectly making more and their money silently compounds.

Saw the analysis of Zenith bank from 2005 to date and I was amazed, how many people are shouting Zenith? Meanwhile it made some people rich Silently and even outperformed holding the dollar by quite some margin.

At the end of the day, we will all do what works for us. grin

2 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 8:14pm On Jul 15, 2020
emmanuelewumi:



What is the outstanding shares in 2012 and now. Companies do shares buy back, this reduces the outstanding shares and helps to keep the stock price high.

At a current PE of 138, I guess the profitability of the business can afford to grow by over 100% for the next 3 years. That is doubling for 3 years

Yep!

A whole lot of them do buy backs or retain earnings.

And Amazon has done some share bonus and share joining. Can’t remember which exactly and when.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 7:54pm On Jul 15, 2020
Nigsrdumb:


Bad idea, had the same argument with a friend who was hell bent on an indexed portfolio especially vanguard index funds which has the lowest fees


We put it to test , in 8 months the vanguard lifestrategy 80 returned returned 5% , then we tried selecting stocks , the returns within a month was 22% after losses.

You can literally create your own etf mirroring the s and p , you can even make it nicer by throwing in some etfs like voo, some reits, some dividend etfs, gold etfs etc




In the long run, index funds will outperform most individual stock pickers.

I clearly also stated the S&P 500.


8 months? Lol! Just watch when the bear market arrives. I hope all of you keep having this same energy. Lol!

I have seen this energy before. Countless times. People forget accounting basics and call themselves financial experts. Even make jest of the Warren and Munger style. We are still here till today. Who is winning?

All the companies like Amazon and co, which of them have actual 130 billion USD in cash? Lol!
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 6:03pm On Jul 15, 2020
abraolas1:


Can you Explained more on this Sir

The index funds have cheap or almost non-existent fees, since they are managed passively.

In fact Warren Buffet won a bet with money on index funds vs Hedge fund managers.

He argued that in the long run, it is harder to beat the markets and that with the fees hedge funds charge, they are costing their clients more money.

Look at the Vanguard S&P 500 index fund and that of Fidelity too. Quite a nice performance.

Do your research on this and learn more.

5 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 5:59pm On Jul 15, 2020
abraolas1:


Can you Explained more on this Sir

So an index fund basically tracks or mimics the performance of an index.

Examples of Indexes are...

1. Dow Jones Industrial average
2. Nasdaq composite
3. Russell 2000
4. Standard and Poor’s 500 index (S&P 500).

Indexes represent a segment of the financial markets.

So some investment houses create these instruments (the Index funds) so investors can key into them.

So as the US stock market or the market with that particular index is booming, the index fund booms too.
These indexes mimic the market, market is down, your portfolio will be down, market is up your portfolio will be up. I have been looking at the indexes for a while and their returns are quite spectacular for dollar investments.

Thanks to people like John Bogle and Warren Buffet who has opened peoples eyes.

4 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 4:40pm On Jul 15, 2020
Nigsrdumb:


Not really if a stock is undervalued, i don't think that's a gamble. You have to look deeper at the reason for the discount, if there's isn't anything drastically different apart from a few externalities, then it's simply a waiting game.

Will i buy tesla now, heck no, would i have bought in march hell yes.




What will have made you buy it then at that price though?

What fundamentals if I may ask, because even at that price Tesla is not really a steal.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:49pm On Jul 15, 2020
emmanuelewumi:



A lot of money to be made and lost, for those who invests in bubbles and those who enjoy speculation. Those are the gamblers and not Investors.

People don’t understand the money made now is small compared to what will be lost later.

That is simple money mechanics.

3 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:48pm On Jul 15, 2020
Nigsrdumb:


That's true, but there's too much money to be made. There's also a technique.

A combination of scalping, swinging, investing will deliver results.

If you gave a blind man money to invest in any company since march he'd be loaded by now .

Trust me im right in the middle of what's happening.

I will never invest a penny in Nigerian securities again. Like never. I don see where money dey. Mind u it was a comment u made earlier this year that got me into this.


I remember when the crypto market was booming and Bitcoin went up to 20K USD. Many friends said the same. I said the same. When I think about the losses I incurred I laugh at myself, and it has changed the way I think.

Invest in the US, but my advice? Focus more on their index funds. So you can sleep at night. Peacefully.

3 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:45pm On Jul 15, 2020
Phraences:



What's PE o?

Price to Earnings ratio.
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:45pm On Jul 15, 2020
emmanuelewumi:



Thank you very much for the correction. Small time they will say the promoter of Tesla has a bigger Networth than Warren Buffet. An old man that has about $100 billion liquid cash for his company


Almost 130 billion USD.

And his companies market cap is 460 billion USD. See? Now that’s a sustainable business, sustainable for investors.

1 Like

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 3:36pm On Jul 15, 2020
emmanuelewumi:



People are also buying that based on hope you know. No cash flow to back it. The PE is almost 1000, I doubt if the earnings of Tesla is growing by 1000% every year.

They may win, they may lose. But most businesses that had this type of valuations during the dot com era, obeyed the laws of gravity by crashing.

A PE of 1000 is like an investment of N1 billion generating an income of N1 million.

Don't be carried away by the capital appreciation of Tesla

PE is almost 10,000 now sir.

Like 9,500 or so.

Hahahahahaha! And some people are still buying. grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 1:25pm On Jul 15, 2020
robobo:


My Oga i don dey think of d name since Oga Oracle mention am i cant even imagine any name for it

Dont mind dose pple if na third world dey do all dose printing that they are doing they wld say its unorthordox but if na dem dey do am dem go use big grammar dabaru us

las las God dey


I dey tell you. Printing money like say tomorrow no dey. The painful thing is that because of it’s dollars it would affect the world too.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 1:23pm On Jul 15, 2020
stcool:


I think the Gokada CEOs death has a lot to do with business deal gone bad considering the money he raised recently coupled with lagos ban on okada.

That death looks like a mafia kind of killing you watch on TV

Hmmnn... a lot to think about and take in...

Chai. The killing looks very personal indeed.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by GonFreecss1: 1:21pm On Jul 15, 2020
IYGEAL:


I don't think he's a religious fanatic. I don't know if he's got a precedence though. But, you know, religion gives people hope in bad times; even if it's mostly false hopes, but still...

In an unrelated story, the saddest thing I have read this year aside Covid 19 is the apparent murder in his home of Fahim Saleh, the founder of Gokada - who I got to know after his speech when Lagos banned Okada in some parts.

Very shocking and quite depressing to me. Very sad!
Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 1:10pm On Jul 15, 2020
X21:


"necessarily"

Thank you very much. Let him see what he wants to see.

1 Like

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 1:10pm On Jul 15, 2020
Benzboys:
People with money are not smart? undecided
Lol okay cheesy cheesy cheesy

Smart is relative.

Having money is not directly proportional to being smart. The markets have shown us time and time again.

The fact that you think like this, says a lot about you.

10 Likes

Investment / Re: Treasury Bills In Nigeria by GonFreecss1: 12:49pm On Jul 15, 2020
Some people are very funny. Which asset doesn’t use normal financial evaluation to be priced and valued?

Who values real estate, just because? There are so many financial factors that go into this thing and not what you think people will pay for it.

There are many people who did the portfolio investing and made so much they are here to help others.

Some of you don’t know this, but with the price some men here bought stocks years back, what if I told you they most probably earn close to 100% dividend yields annually from that time till now. Don’t take my word for it, the historical charts are there for people to see.

I have done my research on Nigerian real estate and many of these owned as collateral by banks on bad loans cannot even be sold! I have real estate friends who offer commissions of 10% just to sell some properties. So would we say the Banks were stupid when they were valuing those properties and now can’t sell?

Forget what you know, if real estate was traded like stocks via numbers and quantity they would behave exactly the same way.

7 Likes

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