₦airaland Forum

TotoNaRubber:
With all the happening in Nigeria, The VEGETABLE has not come out to address the nation yet he travels to other countries uninvited during pre-covid times.



TERRIBLE !

Make the protest reduce the price of properties in Banana island so i can finally puchase my dream house there currently valued at N800 million.

ahiboilandgas:
i don't lie Nigeria is not a United country and was never United since 1960 but citizens tolerate each other ....may it might be united in future but right now is not ....Nigerians are more attached to their ethnic groupings

DexterousOne:
That is your own opinion and you are entitled to it
Who knows
You maybe right about the Occupy Nigeria casualties

However
I know that this one is different

What has happened is pointer to what is to come
Nothing good came easy

It's very convenient for some of us to be complicit because of the comfort we have been able to build for ourselves
But when I think of what happened to Honduras and the possibility of it happening here

I just pity all these "upper middle class people "
Because when shit hits the fan
We will be the biggest losers
The vast majority of Nigerians at this point have little to live for and #WeDieHere is the stance they have taken


So think about it while you talk about how the agitation has been in vain

Occupy Nigeria o
Every agitation will culminate into something

DexterousOne:
N300 per litre is the maximum
Anything above that

Dangote should drink his fuel

Wiseoldman:
You are right, tribal/ethinic discussions can escalate real quick. This is because people are "extremely" emotional about their tribe.

There are few things I try not to trouble people about: religion and tribe.

DexterousOne:
I disagree

We had the protests in Ogun state and other Northern states
Even in ilorin as well

From what I read on Twitter
The protests are spreading to even Zamfara states and I think Niger state

If you are on Twitter
Go and check this hashtag #SecureNorth
You will be amazed

Northern youths rejecting the narrative that this protest is a southern protest against their Bubu.

Something indeed has awakened in Nigeria
This current discomfort we are feeling is the price we have to pay

And the bodies that have fallen did not and will not be in vain

DexterousOne:
This nationwide protests is a good development, and have shown the Nigerian youths what is possible and what they are capable of

I think Tribalism will be less mainstream going forward (at least among the young ones from say late 30s downwards; as for the old cargoes, most of them are irredeemable)

I hear this protests is leading to mass release of many who were locked up in cell without trial for one year, two years etc.
That is a very wonderful achievement

ahiboilandgas:
Am looking at the number of luxury buses arriving Lagos daily from the East is not a tribalism statement.....northerner are also arriving in same proportions in trucks (but are economic migrants hardly own any asset or intend to stay long in Lagos

ahiboilandgas:
i don't think so am talking of very wealthy ibo people not poor that have transformed Ago place Ajah ,kubwa and Sabon gari ....my close friend emeka just completed his hotel in kano is called mozida another one built the kano europeans centre all this guys can afford houses in America or put down 200k dollars to migrate by investments.if it general ibo consensus then they should not be buidling those properties ?They should be selling down and moving asset to biafra land .again Nodowka a ibo man from imo has over 7 new 50 bedroom hotel within Apapa all brand new built from 2015 he probably the largest hotelier in Nigeria and must are Located in Lagos so if it a consensus by the ibo why is he still buiding since Nigeria has notting to offer .....

ahiboilandgas:
but majority .....young shall grow owns all this parks and properties Nationwide ...if I go to oyinbo and mazamaza this morning we can count over 5000 south easternrrs arriving Lagos with intentions of not going back untill they are 70 years.......what i expect is the reverse ibo moving out of Lagos and never coming back in masses not awaiting.....u waits for a confirmed fire...

Iwanttoto:
Shey u be histiry teacher ni

Diyke4rich:
Out of curiosity if nigeria divide tomorrow, what will happen to people own properties and investments outsider there state,? abeg we need answer as tension they raise everyday.

TotoNaRubber:
With the stories of Endsars going global, there are speculation of possible instability for the country "Nigeria", some are saying the country may divide before the next 2023 general elections.

My questions are ;
1. Is this a right time to buy/sell properties in Nigerian states that are not of your origin like Lagos ?
2. What are your exit plan for people who invested in Long term bonds like 2027, 2037 etc.
3. Do you think division of the country is imminent ?

ultron12345:
Please oo, I have a question for those with experience in transportation.

How much do drivers of 30 ton trailer charge to move goods between Port Harcourt and Abuja?

What is the fuel consumption of the average Nigerian 30 ton trailer per km?

Will you advice I hire trailers to move my goods or will it be cheaper for me to own my own trailer just for the purpose of moving my goods? (Usually 2-3 trips per week per trailer depending on distance)

What do you think is the most cost-effective method of moving HEAVY goods across Nigeria?

Anyone aware of anyone or company using barges to transport their goods long distance via inland rivers like Rivers Niger and Benue? Like from onitsha to Niger state through river Niger


NB: For the first question, it doesn't necessarily have to between PH and Abuja, any pair of major cities apart from Lagos (as Lagos transportation tends to be super expensive compared to other parts of the country) you're knowledgeable about will do.

Must the trucks carry maximum 30 tons sef? What happens if I load them with 40/45 tons? Or I attach 2 trailer-beds to one head?

pyrex23:
Infinix sponsored the video so..

Wickedtruths:
How does this relate with your initial post which I replied to? Are you sure your mental settings are up to date?

XiaoLi:
I was a victim of Sars twice, they should be scrapped and banned forever, they are inhumane and evil.

If you ever meet the ones in Benin-Asaba high way and the ones at Asaba-Onitsha highway you will understand what im talking about.

Wickedtruths:
[s][/s]

The day SARS kills 2 of your children and you are looking for their bodies frantically and they ask you to pay to bail the corpses, you would realise how stupid you are.

onegentleguy:
Dear @ MoneymakingOppo,
it's always best to ask questions where u find matters perplexing and not castigate others by drawing incorrect and bashful inferences.
Ur assertion on concluding that those who invest(ed) in FUGAZ can never make/book positive real return would seem an analogy that appears to "spoil a ship for a ha'porth of tar."
Aligning with the right coy(fundamental health) at the right time(technical stand) is KEY !! ...when u can do this, u will likely take back ur words and never generalize.

@ Oracle has, using a fine illustration shown u how the ROI with one of the said FUGAZ(zenith) can infact beat Fx devaluation within a specified timeframe.
But in case ur still wondering whether that ROI adjusting for inflationary cutback can deliver a net positive real return, lets do a further dig.
...a brief;
Assuming u bought GTB @ the March low of N16.70-N17 and exited @ N33, that's no less than 90% gain excluding total trx cost.
Now using the formula for Real rate of return...
(RR)= [1+nominal rate/1+inflation rate] -1
Nominal rate= 90% or 0.9, Current inflation rate= 13.22% or 0.1322
Hence RR = [1+0.9/1+0.1322] -1 ...which is approx 0.678 or 67.8%
The interpretation of this is that if u as an investor had put N2M in GTB on the entry and exit pegs cited above, ur NAV(ur networth) adjusting for all trx cost + inflation will be N3,356,000.

Now let's look @ the matter of devaluation...
If we assume an exchange rate of N360/$ in early March, which would be me been generous with figures(the NAFEX/official window rate was in reality, at a slight premium above N360 peg then), and a N450/$ rate now(again another exaggeration with figures as we are this time matching the parallel mkt rate to the official rate, if u understand what I mean)... then, that would be a 25% upside.
Now hear this;
In practice, we are also suppose to compute the real return following ur Fx revaluation gain like we did above with the coy GTB. ...'cause whether the net $ gain(ROI) from ur Fx play will be spent abroad without a re-conversion to the Naira, or kept in a mattress "until thy kingdom come"(in which case ur holding period could still take a bite from it), ur Fx gain is still NORMINAL. To compute ur Real rate of return, u must also adjust for inflation.
The only difference btw adjusting here and doing same abroad is the chance of a higher net +RR given the much lower inflation peg in some countries.
Hence in reality, ur ACTUAL RETURN(real return in view) will also be <N2.5M... it will actually be approx N2,141,000 if u decide to reconvert and burn the cash here. That figure is a far cry from the N2,517,000 figure as derived from GTB.

However, I'd like to be generous with the figures from devaluation gain, so lets assume that the 25% was ur real return.
So by inference, assuming u decided to hedge against currency risk in early March by converting N2M of ur liquid cash to $, u would be worth N2.5M now.

Now if we decide to discount the value-loss from devaluation(to compare both asset play) by raking-off that 25% from our inflation adjusted RR of N2,356,000 playing the coy GTB, we'll have a net value(say X)= 75% of ur RR or 3/4(N2,356,000)= 2,517,000... which is still a premium(N17,000) above the devaluation peg.
By the way, I decided to exclude the cash flow accrual(dividends) gotten from playing these class of stocks.
Imagine if I had factored that in my computation. ...and quite possibly, decide to compound the cash flow by playing in the same or other value-driven assets before the end of the investment horizon !!
No don't compute figures just yet... Just imagine it !!

When u do a similar estimate in FBNH and ACCESS(also part of fugaz), u'll see that these assets have returned more than a buy and wait Fx player can derive within the period under consideration.(March 2020 to date)
Aside the period specified, there are also several past instances where these class of coys and a few others have delivered more VALUE than u probably think.

So u see my dear, its incorrect to assert that one can not book a + real return playing the FUGAZ class of stock.
Everything will usually depend on ur investment personality, strategy and goals.
But remember;
The QUALITY of the asset and the PRICE u pay for it is everything !!

Let me leave u with this piece of Nugget to ponder on;

"In the stock market world, the real winners are those who can prioritize their TRADE SETUP ahead of the ASSET PROFILE, and a little more than the quest for REWARD.
While the 2nd may define ur INVESTING POWER, it is the 1st that gives u a BARGAINING POWER !!
...for without it, the other can only engage the market in a mere "fight" but also concede more victories to it"
~Sinclair

"If u plan well ur VISION, u will often times execute ur MISSION. But in between that planning and execution MUST come KNOWLEDGE, STRATEGY and DISERNMENT.
...otherwise u might well be 'a prisoner of war' to the stock market and the intelligent few in it."
~Sinclair

Just be humble, but diligent and committed. ...and with time, u'll get to understand the stock market better.
Selah

MoneyMakingOppo:
Don't take me seriously. Don't take anybody on this forum seriously that's my point. They just come here joke and insult and talk about peanuts. Me I'm telling you the koko when adjusted for inflation none of them are really making money most are just too dumb to realize it

MoneyMakingOppo:
Oga stop foreseeing nonsense. Your analysis is rubbish like everything on this page

MoneyMakingOppo:
The funniest part is that these small minded people always coming here to boast about their bullshit fugaz stocks don't seem to realize that when you adjust for inflation they are actually losing money. Some have been boasting about peanut returns on zenith bank since naira was 160 to a dollar now it's 450 or something. If you haven't tripled your earnings in the same period you've actually been losing money. Fact.

faoogoke:
Treasury Bills has taken back seat in this forum!