₦airaland Forum

Oga currentprice, we are waiting for 2024 signals from your bedsheet.

Thanks

currentprice:
NAHCO best result so far

but but it being fairly price @ currentprice

Where can I watch the match online

Oga sonofElElyon, there is no real value in rental property or tenancy except for passive income at old age or future sale. You make money from build and sell, or buy and sell.

I have a property build since 2011, I have not recovered the cost up till now. The one in my village the rent does not even make sense.

However, there is money in lease property for development, we lease the property build and sell some of the units and retain some units for cash flow. You can be profitable within two years, max is 3years. Compared that with buying land or buying units of flat.

I recently leased a property worth 26M for 15years. Premium is 2M. Estimated construction cost is 30M

Estimated minimum first year income is 25M. Sell 5units@4M each for 14years lease , rental income on remaining units is 5.7m.

sonofElElyon:
Let's not argue. You can register your deed of assignment for the flat at the land registry alausa and use as collateral.. I'm a lawyer. I know. You can ask your lawyer. He'll tell you same thing. If you don't find it an interesting investment I totally respect your choice.. one man's meat.. there are however other real estate opportunities that present great returns especially when you identify reliable developers and you buy in at construction stage. You could end up selling at up to 100% ROI or more upon completion (depending on how early you buy in and how long you wait to sell). I do real estate and I've seen this happen over and over again

Youtube. Several
Videos

@ onegentleguy, what stock fall in the accumulation rating in the market?

Thanks for your usual advise

onegentleguy:
Don't give too much consideration to that part in bold.
The agenda might be to produce an Apc flag brearer from the south but not the president.

The "math" might be to produce an Apc southern candidate who will SHARE THE VOTE from within the south with @ Peter Obi, the popular and now LP candidate, while @ Atiku A, the Pdp presidential flag bearer coast to victory by amassing a great No of vote in the North and an appreciable figure from the south.
Current happenings in the south makes this a possibility.

Remember that the North almost always play an important role in determining who becomes your president. ...and with rare exceptions, the probability that a northerner will usually vote a northerner is always near 1. (I say this without an intent to any sought of ethnic division though)
Lots to say, but I don't want to litter this place with political discuss.

This hypothesis (well, for now) has nothing to do with the forward dynamic of the market though.
An Atiku presidency will also propel the mkt.
At this time, investors are more concerned with having peace and security knowing their investments are safe, than having a given name as president.
Our politicians are all the same. ...some are just a bit better than the others.

As I said before; The mkt is in accumulation mood... sideways trading is expected in the days ahead... but overall positive trend remains intact!
Any pullback at this time should only be seeing as an opportunity to strategically align with select KEY fundamentally healthy coys. (some are already in a great entry zone)
So it's a good thing you're buying now.

It is well.

@OGG, the link is no more accessible.

onegentleguy:
I just published an article with the title:

MTN NIGERIA: "THE ANATOMY OF A PUBLIC OFFER"

...Dissecting the recent PO (public offer) proposal by MTN Nigeria; everything from interpreting the Nos to looking in on the recent financials with a view to seeking VALUE!

It's published on booksie, the U.K blog medium and the personal finance section of some select national dailies.

You may wish to read through by using the link below;
https://www.booksie.com/663437-mtn-nigeria-the-anatomy-of-a-public-offer

Regards

Please can you explain more sir, I am interest in MTNN for long term, do you mean the present price is not sustainable in the long run? or does mean the present dividend yield is not sustainable ?

Appreciate your explanation.

Thanks

samguru:
if you are buying MTN Offer, think twice ooooooo.

This offer is the General overseer of Way Wayo

@yMcy56 guide us to the fundamentally sound stocks. Ese eee

yMcy56:
Some stocks are getting lots of attention today .
ZENITH has the highest Div yield.......this stock is getting much attention from investors......

There are other fundamentally sound stocks also getting some attention today......

@loco,

still waiting ....

I guess the 2nd one is Livestock Feeds?

locodemy:
There is one stock I will point at in few minutes when I must have grab the units available.It is a penny stock and among the few stocks at NSE with free float issues.The stock may not move now but market MUST do justice to it because it has shown good strength since the majority shareholder has decided to turn the company around.Hmmmmm.

I will be back

While I am yet to mention this stock, there is one stock that forcasted their Q3 profit after tax to be arnd 4+ billion naira.The stock will be good for a trader at 2.25-2.30 and good for long term investor at the current price.Search for this stock and pick some units

Hello,

Which of the REIT do you advice one to invest? what is their dividend yield?

emmanuelewumi:
If you are an income investor who needs to diversify into real estate, you can try REIT.

With REIT you are sure of cash flow from luxury apartments, event centers, Malls, Hostels, Office complexes, Warehouses etc

15% of my portfolio is in REIT, 70% in other equities, 10% in bonds and fixed income, 5% in cash and Money Market Fund investments

Hello House,

what is happening to caverton? the price fluctuates like fluke. Kindly share any news on the stock.

@samguru, @mcy56, @OGG.

Thanks

Thanks Ma. Let me hold on before selling.

yMcy56:
Outstanding Q2 result....
Profit After Tax (PAT) of +213.7%
EPS of 153 in June 2021.......as against 49 in June 2020
Positive momentum and Dividend/Cap appreciation hunters at work.
https://doclib.ngxgroup.com/Financial_NewsDocs/33939_CONOIL_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2021_F.pdf

Hello,

Please what is driving con Oil to almost full bid, The Bid far outweigh the offers.

I appreciate response from the ogas on any hint. @mcy56, @samguru, @megawealth, @locodemy,

Thanks

salanda:
Don't worry part 2 is coming by September.

@Salanda,

Do you advise exit of OANDO now? what is the forecast for OANDO?

locodemy:
When I look at stocks like updc, oando, ftn cocoa etc and look back at Transcorp,I feel like crying.

Imagine buying oando at 2.98 last month and sold it due to no movement in price after 2 weeks.

This life no balance at all

I actually buy on your recommendation that it will reach 4naira within 2 months. I am thinking to sell or not to sell now... presently on +73%

locodemy:
The 90kobo is only for those holding on the qualification date 14th May 2021.Anyone buying after 14th may not see price appreciation as the stock will be heading to south til delisting.

You better buy custodian instead of uacn prop.

Is UPDC delisting from the NGX?

emmanuelewumi:
Is today the payment date?

payment date is 28th of May 2021

locodemy:
Dangote to purchase additional 2,000 trucks to meet cement demand.
More good news to Abc trans.This one is set to deliver 200% to shareholders.

We got this one at brokos.

Can one still join ABC bus for 20% returns or it is late?

Kumero, please share Sophia contact. The girl that you share her sexcapade. Thanks

kumero:
1.3M for the 07 Camry.

It is not itchy finger it is for some of us, I bought at 62k on Tuesday, 58k yesterday, I cancel my 56k bid when I saw the closing price of 57k. Aiming at 50k now.

I have bought at high price in the past, I need to average down.

Mcy56:
JAIZBank:
Full bid @62kobo........one itchy finger came dumping the stock at 57kobo yesterday towards closing.....
There were lots of cross deals in the stock recently, we see what's brewing there.......

Mansard, FTNCocoa - full bid

Green is sighted across table and across board.....

I tried to buy japaulgold but not available in the order listing and japaul oil maritime also not available.

What is the issue?


quote author=Mcy56 post=97054216]JAPAUL OIL :
Name successfully changed to JAPAUL GOLD & VENTURES LTD.

** JAPAUL planning to invest or acquire some shares in H&H Mines Ltd after the conclusion of the fund raising which Japaul is presently working on.
** A Chinese coy, Xiang Hui Int'l Mining Coy Nig. was involved in getting the drillings done to reveal how huge the gold, silver, lead, Zinc, etc deposits are and contract signed btw this coy and H&H Mines in Japaul office.
** The drilling project is expected to be concluded in the next 12 months.......within which Japaul would have concluded her fund raising and formalize her involvement in the mining.
** Japaul, in addition to working on fund raising, is also tidying up issues that has to do with share reconstruction, balance sheet restructuring, etc.
** Many gold mines have been lined up for Japaul's partial or full acquisition depending on the equity that can possibly be raised.


http://www.nse.com.ng/Financial_NewsDocs/31903_JAPAUL_OIL_AND_MARITIME_SERVICES_PLC%20RE_GOLD_MINING_NI.pdf

**For info purpose**[/quote]

Please, is it the right time to enter Dangote cement?

Thanks

Tvegas:
No sir, i won't recommend anything at this point. Do your due diligence and trust your gut.

Thanks, which stock can you recommend for newbie like aside financial institutions.

Thanks for your advice in advance.

Did you advice buying WAPCO now? I am new here, I need good stock picks advice?

Tvegas:
My take on WAPCO, I was expecting an EPS of at least 60kobo instead of 30kobo. I was a bit dissapointed. Though we have to factor the rainy season spanning JUNE to AUGUST into WAPCO's result.

Despite all that WAPCO is still very cheap considering his Colleagues in the industry, WAPCO shouldnt be selling less than N25 by the time 4th quarter result comes out.

IF BUA with a full year EPS of N1.79 could do N35 as at 2020, IF Guinness with a loss per share of 38kobo could sell for N17, If CAPL with an EPS of N1.33kobo could sell for N19.60 in 2020. Then WAPCO with an EPS of N1.75 should not be selling for anything less than N25.

But who am i to dictate to Mr Market, If Mr Market can price Zenith a N40 stock at N21, then it can even sell WAPCO at N15. However, Infomation reaching me says Cement Price is going up before year end, WAPCO management will be cheats if they dont declare a better result by the 4th quarter.