₦airaland Forum

TruthU87:
The Moment iranian Hypersonic Missiles Strike Tel Aviv
https://x.com/i/status/2028263114429632762

Nice!

Make everybody feel am.

If you live in a glass house, you don’t throw stones

USA, Israel are just lucky. You kill a President of a sovereign nation.

it doesn’t matter whether his people love him or not. If i dey that cabinet nuclear would be an option

Thundafireseun:
#1.400 million is not enough money to start up anything and you are crying over 700k ….

700k won’t even get you a shop anywhere in Asaba Delta state

You obviously haven’t worked rigorously for money in your life.

Let me get you a construction site gig, work wey your whole body go feel. Do it for a month for less than 150k

Then we can talk again. I am very certain you don’t even have up to 400k in your account.

Chygozdegreat:
Hello nairalanders I’m planning to relocate to Lagos the city of endless hustle and opportunity.

They say there are greener pastures there, and I believe it. Lagos is a no man’s land; it doesn’t care where you’re from, only what you can offer and how hard you’re willing to work.

It’s a city where dreams are tested, skills are sharpened, and bold moves are rewarded. I’m ready to step out of my comfort zone, embrace the grind, and chase bigger opportunities.
New city. New challenges. New level.

Lagos is NOT a no-man’s land

You have some many misconceptions.

You are likely going to fail in your pursuit of “bigger opportunities” and go back to where you coming from.

Just to let to know a man’s success is not in a particular location of his choice, it is where God’s has destined him to be. You better talk to God before you move.

FBIBOT:
Na u know why you still using all this ancestors bank..... Most of you don't just want to accept digitalized banking system is the way

You never jam the new generation [/s]banks thieves.

Providus eye don tear.

One time they moved my account to another product segment that will enable them to charge ridiculous fees.

Debited the charges from my account, until i emailed them repeatedly to provide my consent for the move, that’s when they refund my money.

lovewins:
You can say the bolded again. They tried retail banking in Nigeria for a few years, but have not pivoted begining today to doing what they are best at. If you don't have minimum 7.5M naira in your account balance as at yesterday your account with them will be closed.

I have decided not to keep my accounts with Standard Chartered. It benefits them more and has higher opportunity cost for me.

You can’t write off the benefits of retail banking aspect of the business especially in Nigeria. These CASA are most banks source of low cost funds. Do they think i would put large funds with them at mediocre rates lol.

Before the end of this year, the way their cost of fund would skyrocket ehn. They won’t believe. I just hope they don’t became case study for others to learn from

Well i wish them luck

chimex38:
Yes.. They have issues on that.
They even issued SMS to that effect.
There services are beginning to the poor and others are competing favourably in some aspects.

But let nobody put Stanbic and Bankruptcy in the same sentence.
The other asset managers would first go bankrupt in the hierarchy of things.

Services are poor, but your funds are HIGHLY SECURED.
No matter the billions anyone may have, I don't think it makes up to 1% of what they hold.

I never mentioned anything about bankruptcy, I was going on about the deplorable state of their services in recent time, which you also agreed with.

Do i think it’s a solid business, yes but at your bolded is a lie, nothing hate more than lies. In this case it seem your lie is a product of your ignorance. There is nothing “Too Big To Fail”. Bigger and better companies than Stanbic IBTc in 1st world countries have go bankrupt if you don’t know

No company is immortal. Standard Oil was broken up by the law; the East India Company (once the most powerful entity on Earth) was dissolved by the British Crown. While the "Big Tech" giants of today seem untouchable, history suggests that eventually, every giant either evolves, gets broken up, or fades away.

*******************************

If you are reading diverse your funds between atleast 2 MMF operators.

Iamblessed8888:
Just a temporary glitch. Consumers are fickle. Even Elon Musk still gets insulted despite giving everyone a platform for free speech

Smh 🤦🏼‍♂️

Iamblessed8888:
Chimex38 i didn’t even know Stanbic gave birth to Standard chartered, another solid bank. Nawa, no wonder they still collaborate on some things like wallet, etc.

If you notice, both standard chartered and Stanbic are miles ahead of any purely Nigerian owned bank in terms of operational efficiency. Infact they are the only 2 banks whose app can rival that of fintechs. The fintechs are scared of them

Stanchart does MMF too but not Nigerian Money Market. You need to be a finance guru to understand their MMF lol

At the bolded. It is either you are a marketer or you are not living on earth with the rest of us

This week that just passed using Stanbic bank was a nation wide struggle. Even functions for other arms of their business wasn’t working sub-optimal or not even working at all.

I have been using Stanbic services for over 10 years now and can tell you confidently that in recent times their service are deteriorating faster than a rotten tomatoes

PETERiCHY:
About 70% of my STOCK PORTFOLIO is in CASH POSITION.

"SELL IN MAY and GO away" is AROUND the CORNER likewise ELECTION YEAR is AROUND the CORNER

So AGBA over to you

BARGAIN HUNTERS TAKE NOTE!

I have not figured out which it is, whether you intentionally dish out very terrible advice to deceive people or your terrible advice stem from your own ignorance.

Either way we need people like you here, somebody must learn lesson. Carry on.

Uchesis:
Does it matter?


The slow-poison still died

Lmao i am sure you don’t want to die before YouKnowWho.

Go ahead and wish him death. Let me see something

ojeysky:
Under valued kee, do you mind indicating what financials you are looking at? its still on negative EPS last i checked

Some of you sef. That a stock has negative EPS does it mean it can’t be undervalued?

Do you know how many years stocks of Amazon, Telsa and co spent having negative EPS while the value of the business itself was skyrocketing.

I don’t need to share anything with you. I wasn’t trying to convince anyone.

NGx go whine you but no panic

Let’s not forget that all that wished Buhari death, died before him

crownprince2017:
M

Being aggressive makes sense if you're lucky.

I invested 90% in 2023 the funds have returned over 2x excluding dividends.

But u need a bit of luck too..

My fearless elder

I salute you sir 🫡

megawealth01:
No too follow all these analysis sha but since you have shock absorber. I wish you good luck

No fear boss.

I have and i am currently putting only about 30% of my funds in equity.

My special advise Gemini Ai don dey advise me to increase allocation to over 70% based on several factors: age inclusive but I never listen to the alakoba

megawealth01:
How long have you been in this market? If you are below 50 then just calm down ooooo

But if you think you can shoulder the shock of NGX in the long term then nothing do you

Lool I have lost 50% of my portfolio before, the 1st time i entered the market about 9 years ago. I just returned last year, far more knowledgeable than then.

Most stocks on NGx are currently at a discount. Waiting for more discount and go either way; except you have a crystal ball.

Except you are waiting for possible shake-up from election buhaha, even that ehn, my bet is that the impact would be very minimal cause who all know the winner

As for me no matter what happens, every month i would always be in the month to buy. If the market tanks by 50% this year, I’d happily buy more.

I am still young boss. I get better shock absorber

megawealth01:
I will advise you wait a little. All stocks will be repriced and get back to base... I don't know the YEAR at that will happen but be PATIENT... I used 2020 to plan for what I'm enjoying today

I have mentioned it before why i no longer wait. In the last few months i have missed two trains, waiting for a discount and these stocks have done over 35% now.

Plus I am buying for long term, my hold period is a minimum of 5 years. Waiting for a 20% discount is nothing compared to minimum of 500% i am expecting in 5 years. Even with this mentality i am currently sitting on 1million in profit on my portfolio. So i have so much leeway.

Once i do my computations (of which current price in comparison to 52 weeks high is part of it), the stock(s) that tick all the boxes. I enter at that price. No time.

megawealth01:
This NGX is funny sha. When I was loading almost all kobo stocks few years ago, I was called all manner of names but what changed today? 😂

See FTN I got in a $0.26k is being chased at premium $5+? 😞

I bought many of them just for fun and still have many of my kobo stocks sha

The crazy thing is that at $5 it is still cheap

I have learnt lesson from Presco. I am sure some people thought Presco was too expensive at N200.

My next move would be on kobos stocks currently on NGX (stocks less the N5). I just haven’t had time to analyze and pick my targets.

.

KarlTom:
Going by the bolded, you are not really a believer...

FTNCOCOA at N5/N6 is grossly undervalued as most stocks on NGx currently.

*In Mavo’s voice* - I no dey talk too much again

THIS IS NOT A BUY RECOMMENDATION

I am a firm believer in FTNCOCOA

Y’all be selling, I will be buying and averaging down

Lol @ “this is a muslim area” for Britain?

Such audacious statement

pluto09:
Why the fixation on Zich?
Is it because many here could not get it to buy on the floor.
This is a company that is making profit and has a positive equity and yet many are quick to point an accusing finger.
Check out other companies being promoted by this same set of people (company with no profit and negative equity for years) who are criticizing Zich and you begin to see a pattern of double standards.
Why would someone justify the current price of ellah or NCR or FTNCOCOA or even tantalizer and be critical of Zich price?

I have bought stocks with negative equity after my due diligence.

Point to one stock on NGX that did 10% daily for two weeks with little or next to nothing being sold.

There is this Nigerian factor people don’t see anything wrong with the worst situation so far they are benefiting from it.

Even the blind could see that something was terribly wrong with that stock

budaatum:
I hear she still lives.

https://x.com/Maryhann_Oye/status/2025996589399953619?s=20 ………..

Then he is not a man of God and he is a bastard.

thebargainhunte:
Stealing is stealing, likewise manipulation is manipulation. A lot of stocks are trading at their all time high without justification to their fundamentals. He who comes to equity must come with clean hands. If you punish one without punishing the rest because the rest applied common sense while manipulating their prices, then I don't get.

You have just been chatting your own since.

Point to another stock on NGX that has been doing 10 daily for over 2 weeks straight with little or next to nothing being sold to the public.

Some of you need to be hit on the head really hard for factory reset lol. The rot in Nigeria is so bad, most people see something bad and tell you there is nothing bad with it. Smh

Itzlinda:
I have seen people on social media and even Northern brothers becoming interested in Ngx. People have been posting their buy screenshot.

It is obvious the retails are here in large numbers. Is there any chance that we are close to the top?

When everyone is interested i guess it’s time to be cautious

ChizzyBuna:
Even if she sell her family to slavery
Where she wan see 15M

If she can’t pay she should be given a minimum of 2 years imprisonment

You see “THIS LAND IS NOT 4 SALE” boldly written

But you carry your coconut head still dey transact on the said land - no be wahala you dey find

At this rate Pension Index can do 100% or even more than year

zendi:
Zichis committed no known market infraction. Manipulation is a vague nothingness.
The crazy bull-run was driven by the market forces of demand and supply.
The Zichists didn't cause the madness in the head of Zichis bidders.

What regulator should do is to enforce strictly the timely filing of quarterly results so that those who want to buy Zichis at the price of Preskomu will see clearly the difference in their financials.

Na them!

Odunharry:
You can reach out to Atlas registrars via email or phone.

For every e-dividend requests that gets rejected on NIBSS.

All i need to do is fill the CSCS Transfer form my broker would they send to all affected registrar, yeah?