₦airaland Forum

EduC:
12.80?

emmanuelewumi:
Minority shareholders will have their say,


Majority shareholders will have their way

PETERiCHY:
You own me one if not those waiting for GENERATIONAL low would have pushed you into their pit toilet.

locodemy:
The amount of money that has entered our market within a month is too much.why will people prefer to buy stocks heavily when there is going to be generational low?

This is getting me confused

RabbiDoracle:
My last warning o.

This is not a bullish market. Please keep some cash aside before the generational low starts.

I don talk finish.

PETERiCHY:
DANGOTE refinery will soon come on stream and their bankers will start to benefit.

So for your health sake leave kobo kobo stocks and join the latest corruptions . GTB. ZENTH. ACCESS & UBA. as we await their Q2 results cum interim dividend.

A WORD is enough for the WISE!

emmanuelewumi:
Don't be surprised if GTB gets to N55 in the next 2 years.


Anyone among Obi, Atiku or Tinubu is for the market.


Yar Adua was bad for the market, same with the current government.

Buhari has been a disaster for this country. May we never see his type again. Amen.



This is the time to position into fundamentally sound stocks

Agbalowomeri:
Oga 4 years bawo? We are breaking it on or before January 2024

onegentleguy:
Divide the funds into 2 parts and put 50% each in ACCESSCORP and UBA.

I would've said you work with a portfolio weighting that slightly favours the latter ahead of the former (10% more or 60-40%), but...
They both look good from a TA standpoint. Fundamentally though, I have a slight preference for UBA ahead of ACCESSCORP.

Wouldn't be a bad idea if they get an equal proportion of your billions.
Pls remember to come and pay small homidge to the boys later.

It is well

emmanuelewumi:
If you know, you know.


Rental income is overrated as a source of passive income at retirement.

Income is erratic, tenants will owe you, spend money in order to eject tenants, rental income will be used for repairs and maintenance, government will levy you when you renovate the property.

It is damn too lousy


Unfortunately that is the route known by majority of the population

onegentleguy:
With this we can do a rough estimate to determine the vol of GTBANK you hold in your portfolio.

A quick math...

Assuming that V is the vol you hold in GTB, then V x N2.80 (ref: YE, 2022 final div cash flow)= GDA (Gross dividend amount) paid.

Let GDA= y
Then y--0.1y= N4,250,086.04 (Note that 0.1y connotes 10% WHT on the value of y)
So 0.9y= N4,250,086.04
Hence y= N4,250,086.04/0.9= N4,722,317.82222

Therefore y (GDA) which is your Gross div amount= N4,722,317.82222.

But V x N2.80= y (GDA)
So V= N4,722,317.82222/2.80= 1,686,542 unit approximately.
...while you may have bought some of your equity stake in GT earlier, this gives us a clue of your holding.

I,686,542 unit of GTBANK.
...now that's quite a lot!

I dare say that you have built for yourself a great source of passive income... especially if you also hold similar stakes in other 1st tier lenders and/or blue-chip companies.

Do enjoy your dividend but try not to get intoxicated.

Kudos bro!

emmanuelewumi:
That is the snowball effects of dividend investing.

Why Pekas na??

emmanuelewumi:
Don't be surprised if the power sector business of Transcorp is carved of the Transcorp group and then listed as a separate company.


It happened with Transcorp Hotel, and might happen again with Transcorp Power.


So be very careful and seek second opinion as per the purported value in Transcorp .


Things don't always go as expected with cowboys

emmanuelewumi:
Controlling shareholder can't have everything to themselves , all the other shareholders with 5% shareholdings and above are usually sorted out


When Coscharis was on the board of Access Bank all their official cars and those customers bought through auto loan were sold by Coscharis Motors.

emmanuelewumi:
About 6 years ago, Heirs charged Africa Prudential Registrar N100 million per annum as fund management fees, this was challenged at the AGM and they had to stop that.

All APR needed to do was to buy Treasury Bills or commercial papers with the excess cash or unclaimed dividend, why pay someone N100 million every year for doing that for you