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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:06pm On Oct 02, 2023 |
Bua on price reduction of cement is simply courting Government concessions to attract probably more tax incentives on the industry.... Most factories in Nigeria are runned like sweat shops.... My own analysis is dat the cost of building a cement factory line in Nigeria using the cheapest technology(Chinese) is $600million dollars, this translates to #600billion using($1 to #1000), this factory specification is to produce 6million tonnes of cement per annum, factor in a capacity utilization of 60% and you get a yeild of around 3.5million tonnes per annum......... Nigeria being the country that it is plus the use of chinese technology, you had better recover your capital in 2 years.....If not you are in for a long thing as factories ARE not charity organizations........ This translates to the sale of cement @ about #4300 a bag, the market price is @ about #5500, this means that cement manufacturers are trying to recoup their cost in the shortest possible time(18 months) What bua is trying to do is to recoup his cost in a longer time frame, a good move but @ what cost and in which country.......Cement production is capital intensive and should attract a lot of tax incentives which d Nigerian govt is unwilling to grant also bua new plant are scaled at half this factory specification meaning that they are producing at a higher cost compared to Dangotes plant........ Well, we cross our arms to see where this moves lead to 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 12:24pm On Sep 29, 2023 |
There's a notion we should clear,somebody invested 4m and after 8 months got 30m..... By financial standards this is an extremely good year, over 1000% profit, stop feeling sad, oando is very liquid if d market collects 10m leaving u with 20m, my dear ur still balling Start strategizing on th next meat 11 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 2:19pm On Sep 14, 2023 |
Mcy56:Personally for any new person coming into stocks on the nse, i still recommend visiting the brokers office @ the beginning that way many of our unanswered questions will be answered Secondly, many view automation as a good thing but when ur transaction volume starts getting large, u personally will fall in love with the bureaucracy attached to financial transaction because of the fraudulent nature of our clime, I for one will never never use a broker where i open an account on sunday fund the account with #50million on monday, trade with it till wednesday and say make a profit of #10million on thursday , friday I withdraw the money and it enters seamlessly into my acct on friday without any checks and balances..... The fraud in the Nigerian system is much and one good old way to mitigate it is this bureaucracies involved in carrying out the daily operations........ I understand his pain in not having a seemless way through to trading but its best to let him understand the mechanics of what is going on and why things are the way they are, and there's no better way of getting this information than u being physically present in ur brokers office 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 11:45am On Sep 14, 2023 |
newreality: Go to cscs online portal and open an acct.....it might take a week to processs as u might mail d admin of ur payment But once ur acct is opened.....print out d details of your holdings and march straight to ur broker's office if your holdings has not matched your buy mandate They have some explaining to do on why it has not been filled. As for me o.....I dont believe that much in phone calls, who knows if dey just get a sweet sounding nysc corper to be answering you... Understand d mechanics of what is happening and demand an explanation on what is happening....... |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 11:33am On Sep 14, 2023 |
Dollar is currently at 950, but i still get this creeps that there will be a crash in the price to about 600....... How it would be done i don't know but i dont trust Nigerian regulators. They know how to attract prey and slaughter them like pigs Any way i can only watch from side lines 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 9:18pm On Sep 13, 2023 |
crownprince2017: U will suffer a lot if u carry on with this attitude and u will miss a lot of opportunities....... u are just opening an account and u already developed attitude When u start facing demonic registrars what will u do People have told u to calm down or better still go to their office for clarification This is Nigeria, too many factors beyond operator controls causes glitches in the system, many are underestimating the essence of physical presence, my dear it goes a very long way in avoiding stories that touches the heart......and u will get better educated on whats actually going on in d system 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:40pm On Sep 13, 2023 |
SmartMoneyGuy: What u are actually doing is called character assasination, trying to pin ur trapped funds on Emmasifts head...... Please lets not all forget the basics..... it would do u good to visit their office and sort out any form of trapped funds issue My dear even if its #1, u can bring a finance house down Please visit them and sort out the issue |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:49pm On Sep 13, 2023 |
I still repeat that as far as this country Nigeria is concerned no matter where u live b4 u commit ur funds for financial markets houses for the first time Please visit their offices, even if its 10,000 only that u want to use to start and u live in maiduguri, please visit their office in person and proceeds It saves a lot of "had i known" Dats my 2 cents 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:40pm On Sep 13, 2023 |
crownprince2017: Guy calm down, why don't u wait for ur acct to go through d approval process b4 making conclusions. Mind u, u opened ur acct on sunday, a non_working day...... There is no rush in finance, ur acct will be approved, give it time Use this as a lesson on the type of environment u operate in.... As for me o...... I still rate meritrade high as u still see a customer rep to talk with while ur bp was high 6 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:55pm On Sep 13, 2023 |
crownprince2017: Im not holding sway for any brokerage house, but i use God to beg anybody opening a new account with any brokerage house for the first time to please visit that housr in person and open ur account. True dat the online platform was meant to make things seamless but the evil of fraud has made many houses put brakes on a lot of online activities......... I will never condemn any brokerage house online cos i am not on ground physically and dont fully know d regulations they are facing.... On a final note, u have to understand that the onus is always on u the individual to dot ur i's and cross ur ts 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:33am On Sep 05, 2023 |
There's a rumour that when d afrexim loan secured by the federal govt sails through dat the price of dollars would crash, someone even told me it would get back to 700 region before starting to pick up again............... Before anyone crucifies me for rumour mongering, this sentiment was reiterated again by a colleague of mine dat has been buying dollar since d days of #300 to a dollar.......... He was echoing his thoughts to me dis morning about selling half his dollar holding and converting to naira pending when d loan scales through, Nigeria being d Nigeria we all know, it might take forever for the loan to scale through or d federal govt can change mind forget d loan I now ask lets imagine dis loan scales through how will it affect d stock market |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:18pm On Sep 04, 2023 |
If u have bagged ur loot from Dang Sugar, u better go and enjoy ur loot, Oando remains NSE MMM in my own opinion..........Trend Oando with caution Wale no be Alhaji mate for business Go open ur history books |
Investment / Re: Treasury Bills In Nigeria by maishai: 7:30am On Sep 04, 2023 |
https://www.nairaland.com/7827222/rivers-govt-begins-demolition-ait This is an example of the type of chancing i am talking about in real estate investment, it like there is this virtual ceiling on the profit an outsider can make from property valuations At every valuation junction there is an agbero waiting patiently to skim his cut, even down to banana island and maitama in abuja It's like the ownership model is dictated by this guys(family),and d model changes based on the pace of development of the area, No paperwork can escape their tactics My bane in emphasising this is that most times as a property owner, u dont have the financial muscle to ward them off If anybody has strategies to overcome this please discuss |
Investment / Re: Treasury Bills In Nigeria by maishai: 9:06pm On Aug 30, 2023 |
jedisco: Sir, I wish to ask, for practical advice on how to protect your real estate investment from what i term hawks..... They usually appear when a property has appreciated substantially, say u bought a land 15years ago, built on it at lets say a cost of #100,000...... fast forward to today and same property is worth #50 million and the property is hotly being contested with u............. I need practical experiences on how to mitigate this types of scenarios as I have found out dat at every point a property increases substantially in value, a new hawk comes out contesting the land It’s always like, “no be only u go chop the benefits that comes from the property appreciation”.............. 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 7:23pm On Aug 30, 2023 |
odimbannamdi: I can bet u dat when d time comes to move into stocks, u will be very half hearted, reason being that the whole atmosphere will be riddled with bad news but those are d only times where u can invest and expect 1000% profit excluding dividends 2 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 7:17pm On Aug 30, 2023 |
VeeVeeMyLuv: One thing I advise people now is as much as possible desist from investing in properties that are farther than one hour driving distance from your abode......... Real estate investment in Africa is an extremely emotional issue, the fundamentals of ownership is not fully established That said there are strategies to mitigate the so many unforeseen circumstances in real estate investment......... I at times wish a thread like this one could cone out, where people can share their real life experiences Real estate is very lucrative but the wahala is drawing out ur money put with peace of mind 2 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 10:51pm On Aug 20, 2023 |
Oyindamolah:From my own perspective, I believe its a cultural and systemic thing, U can expect an asian to be a better fiduciary compared to Africans, If u have ever ran a business, you will quickly find out that, u need people and that these people will need to be Good at what they do to believe their words else you would work with wrong data and input...... The biggest advice from many business people is that you need to always be there to monitor the business,If you must monitor the operations of your business by being there always turns your business to a job task and places a hugh limit on the growth of ur business...,.., This is the reason why many Africans hardly own chains of stores or businesses, those successful at it have found ways especially through culture and religion to organize people 6 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:34am On Aug 12, 2023 |
I really think one should buy into companies that falters and u see frantic efforts being made by the majority owners and management to save the companies cos if these companies finally stabilizes u reap the benefit as a retail investor I have also burnt my hands in the process as I have warehouse a substantial amount of oando but i wont offload it, I will rather watch it go down d drain as a constant reminder to always consider the intentions and prerogative of the keymen and management They must be ready to fight to death to save or salvage something from their sinking companies 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:14am On Aug 12, 2023 |
yMcy56: Otedola news never favors retail investors, its a game of try ur luck and insider bickering as compared with his counterpart Dangote....... from Dangote flour to tiger foods back to dangote flour to being sold to crown flour mills, retail investors that keyed in made fantastic profits Otedola is a portfolio investor like me, i can bet he cant run a bank, he has probably seen a quick way to double his money I have fbnh in my portfolio bought about 3 years ago @ circa #6.5..... But and i say but........ There was a period about 4 years ago or so that fbnh dalleyed around #2.5, when dat fat dude “i’ve forGotten his name “ was ousted as ceo after gross mismanagement That would have been the best time to buy as a retail investor then sell to people like Otedola now dats making the news..... If u are not in the boat already, dont bother jumping in , u might be burnt badly 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:18pm On Aug 11, 2023 |
ucheson2: Do you have links to d original ucheson that nearly acquired oando |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:29am On Aug 11, 2023 |
Popson92: D internet is ur friend, and the algorithms on it are configured to enforce what u search out for the most, Use this to ur advantage |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 4:30pm On Aug 04, 2023 |
With d release of that film Oppenheimer, I suspect western powers are gradually being opened to the idea of using the modern NUkE...,.. What better grounds to test it dan some places in Africa......, Abeg If anybody has access to Tinubu, Abeg beg him to focus on Nigerias problem, he can leave Niger alone for their people |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 4:22pm On Aug 04, 2023 |
https://www.nairaland.com/7790809/tinubu-writes-senate-seeks-military My dear retail investors, please tread softly, this proxy war that is brewing will rip this market apart........GSK one of the few expatriate proxy companies has closed shop........ France wont just fold its arms and watch its years of investment drain to d Russians....,, I stand at the sidelines watching the news with my popcorn |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:19am On Aug 03, 2023 |
ebuka1997: That might be the only way to quench the fire of world Geo-politics sweeping through Africa from affecting Nigeria adversely..... By actively giving them portfolios to be bust with they are off the list of groups like wagner who might use them for other purposes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 2:50pm On Aug 01, 2023 |
We all should thread with caution whilst we wait for Ecowas 7 day ultimatum to Niger republic elapses....... If Ecowas dares use military intervention in Niger republic..... walahi there would be crisis in this market wotoporously speaking 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 12:21pm On Jul 29, 2023 |
Any insider here to tell us how nestle foreign exchange loss came about |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:40pm On Jul 28, 2023 |
I still repeat dat the management of ardova did not try for retail investors, I see green light for pet distribution this tinubu tenure , and I believe every company has strategized to key into it, thank God i had faith in mrs while they built their tank farms distroyed by fire, i bought them low during dooms day preaching on d stock now im smiling ....... If u believe in FA, i will advise u to calm down, d interest rates dat measures d temperature of d economy is high and gradually going to over drive like in Jonathans time when u can buy Tbills for 23%....,....., E remain small dis market go see woto woto....... Just sharpen ur arsenal 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:40pm On Jul 26, 2023 |
Streetinvestor2: This is one if the very wicked companies on the nse, which reminds one to always strike when the iron is hot, 3 years ago u would rate this company over mrs, but mrs has returned more profit to me from capital appreciation as compared with ardova..... They have stabilized this company after buying off from Otedola @ over #70 and nnow want to eat d rewards silently alone.... I think the term “Going concern” should also include wanting to stay in thebourse come rain come shine |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 5:28pm On Jul 25, 2023 |
vacanci: One thing i have learnt in Nigeria is to imbibe the habit of going to their office, i mean “head office “ with ur request...... Phone call is reserved for the Elumelus, not pretenders to the throne like me 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 3:30pm On Jul 25, 2023 |
emmanuelewumi: Ur head dey there sir 1 Like |
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