₦airaland Forum

maishai:
During Goodluck days, I'm not holding brief for him, trills rate went as high as 19%, I now understand I should have massively invested in bonds, then when one could get as high as 17%.....,.

I now ask what made the cbn of then set such high interest rates

Then too prices of Good stocks were depressed, stocks like my favorite zenith bank came as low as #10......,,,

One should really invest during periods of high interest rates

During Goodluck days, I'm not holding brief for him, trills rate went as high as 19%, I now understand I should have massively invested in bonds, then when one could get as high as 17%.....,.

I now ask what made the cbn of then set such high interest rates

Lazyyouth4u:
Don’t forget to also project inflation and Naira devaluation over thirty years

And you cannot assume that you will continue to reinvest at 15% for 30 years.

D way naira is being devalued gives me goose bumps, 5 years ago I had about 1million in my rsa, fast forward today I have about 4 million, 5 years ago , a standard tokumbo jeep like rx300 is about 1.2 million, fast forward today a standard tokumbo jeep like rx330 goes for nearly 4million.........

What can your money buy......... Valuation is very important o

Now wapco is no longer servicing this bond, how will this excess cash be a benefit to share holders......
I hope to collect more div this year

richforever123:
https://politicsnigeria.com/exclusive-lekki-airbnb-owner-in-police-net-after-mistress-kills-super-tv-ceo-usifo-ataga/

Please guy, be careful of these women

Never lose guard. I repeat, Never lose your guard.

If you have a woman you are just meeting, get to know a little more about her before having sex with her. Sex itself is risky.
Also, only deal with women that you know have something to lose. Never deal with a desperate woman. It's because of this reason my married friend chose his pastor's daughter as his side-chic because he knew she won't mess up as she had something to lose.

Anytime you are about to make a transfer, do not do it in the presence of anyone. Criminals are so smart that from watching your finger pattern, they can guess your 4-digit pin. Be careful.

Don't keep your sidechic totally secret, let your trusted guy know about her. Let her know she is known.

Never take a drink or food from a woman you barely know. If you notice you are feeling dizzy or sleepy after taking a drink, act immediately. Get out of there or call a friend to let you know there is trouble.

Lol, I laugh out when I hear stuffs like this, u forget that women are naturally designed to strike @ what a man guards most, if it's ur money that's most important to u they go for it, if it's ur time they go for it, if it's ur mother she strikes ur mother, if it's ur work she orchestrates ur sack

Having a side chick is no crime just make her understand she too can have a side man

emmanuelewumi:
Same with my dad, he was equally written off by the family and the village. He equally forgot everything about them and moved on with his life, study and career, but it got to a stage that they were the ones begging him to come and build something in the village. I have been there thrice, but have never slept over it is about 2 hours drive from Lagos.

This is one of the disadvantage of village or communal life.........

I still remember visiting the village as a young boy and could not understand the rave of having a borehole in ones compound...........

Those that had one in their compounds were viewed as prosperous, while those without one were trampled upon......

I still remember a man pleading with so much guilt in his voice as he offered us refreshment, praying we don't reject

When one grows up from childhood in this environment, u can't help but feel for this folks

OgogoroFreak:
Actually, you are very correct. But mine was based on my own experience.

I had no job. I dated a working class lady that was earning around 250k monthly. I lived in her house but sometimes, this babe starves me. Her money no dey drop. She doesn't come home sometimes and I dare not talk. She treated me like sh1t. Atimes, no pussy for me like a whole month. I knew it's only a matter of time before she throws me out so I had to leave.
The depression and humiliation I felt was the reason I visited brothel that year and met my olosho girlfriend.

The olosho treated me like her god. Despite she's the one providing the money, she still gives me that max respect like I never knew. She makes like 20k daily except days she didn't go out to hustle. Na me dey even keep her money for her. Babe was the definition of beauty with no brain for she to believe she found a husband.

I was not any of the people you mentioned. I was extremely broke and hungry then but I said you are correct because through her, I met the

1. Dons
2. Successful criminals
3. Master manipulators
4. Unrepentant simps with little or no experience in women matters

Notice urself.....u seem fixated on the amount of money these ladies earn.......signs of a man that does not believe in the works of his hands

U broke one of the ultimate forms of trust with ur second babe after believing she has found a husband in you

Finally look at the toxic set of people u have been meeting Dons, successful criminals and master manipulators

Please turn a new leaf and enjoy women

emmanuelewumi:
It is wrong to have an er*ct**n when you are hungry and also very poor, it will lead to emotional, financial and medical complications

Thank God that God is not man..........To be denied an erection cos of being broke is worse than capital purnishment

poweredcom:
Bros I never claimed I helped anybody to travel out

I was there for them when it was hard as we were growing up

Mr man never will I help any naija gal ..I won't even try it ..except if she is an exceptional type which you and I know it's hard to see in naija .

A real sensible man don't help ladies ...becos ladies na bear bear bank ...

Help your fellow guys more than ladies ..

Look I know of a gal who saves her.money she works in a bar ...one day ..a close banker friend of ours told us that the gal bank figure is close to 2milla...we shock

And this gal will be enjoying free drinks from stupid guys claiming to be BF ...and tips from spenders ...

Am just telling you ladies are the highest tricks ..don't pity many of them ...them get bar pass u..if u no no

Na ashewo I wan help ..give ur self brain , you sound like a cheerful giver ..Dem go finish u for Lagos ...

I help people with sense ...and it's a scratch my back I scratch urs that how sensible people do...not emotional garbage u de talk ..make I help someone wey no.worth the task abi I de pick money ...

It pays me to take the money to.motherless babies home and give it to them

I'm sorry to say sir that you live in serious pain, I will advice u to pick any religious book like the bible, Quran bhavagita and read with an open mind to soothe a grieving soul......

Biafran4life:
Is good to have a comfortable home in the Villa but I don't know why some people build a castle in the Villa.My dad being a typical example.This I believe led to his early death from envious bad ones in the Villa who wr still managing in thr bungalow.Now the house is being a consistant drain for me to keep looking good or updating to modern looks

my dad also a typical example.......I think I can explain it like this, my dad was actually trying to buy the acceptance and respect of those he grew up with, he cant break off that bond........it's even worse among those the village wrote off, who later migrated off the village and became something, they just want to write off that stain........

U see many men that have made it outside their villages still trying to impress those they grew up with,


This days I just feel for them and move on.....

eziokwunwoko:
I just invested in UACN due to dividend and Reits.
I am looking at 1 years period.
Please OGG,Pa Emma, yMcy, Valueinvestor, locodemy advice me I am on the right part.
I hope to port@N15.

have you seen the first quarter result........................................ I feel what is keeping Uacn at this price is the reward in sight days from now, many that bourght circa #5 during covid are waiting for div qualification date to port, UACN is coming back to #6

mmaduoso:
Good evening guys please I need some help and update am new here I recently lost my job So am kind of doing nothing now and I want to know and Learn how to invest in stock ,I mean trading on stocks am a novice but someone advices me to open a cscs account to start trading.please guys am novice I need an advice and a guide God bless you all

My dear dust ur cv and get a job or find something tangible doing to put cash in the table for investment else u just set urself up for heart attack in this market

Lazyyouth4u:
But they were called by the leaders of the shithole to come and help na. And the leaders of the shit hole understand that mortgages, school fees and other expenses of these ‘abroad experts’ have to be paid in USD while they are serving the shit hole.

You can’t blame the leaders for this kind thing na. You yourself would have taken the job and negotiated your bumper salary in USD

Yeah right, I forgot , the leaders were Nigerians........ Affected by the Nigerian factor

My dear it's a systemic thing

Lazyyouth4u:
I don’t know about this guy you are talking about but some of those ministers that negotiated their salaries in USD have good reasons. Adeshina, Ngozi, Aganga, the NSE Oga, the Sovereign Wealth Fund Oga and many more were recruited from abroad where they were earning USD, paying mortgage, school fees and other expenses in USD. It makes sense for them to be paid in USD na.

I still blame the leaders,everyone that leaves the shores of this country considers Nigeria a shithole, once u have left stay where u are and leave the shithole for those left in it, stop chancing those left in it.....

At least we are not trading abuses....

poweredcom:
Don't ever try help.any naija girl bro dont do it ...even if your money plenty

Unless she get belle for u ..na you fit do this one for her just to.make her comfortable .

Aside that don't try that shit, you wey be street guy ..want let olosho run you street.

Any girl that demand from me ...I won't even chat wit her again or look her face .

The best way to know a lady that can go.miles for you is how she gives u back and if she share d bills small small with you

Nice to know u also care for a lady that will go miles for you

Lazyyouth4u:
What you are saying is true for people that are financially educated (people that listen to all that Oga Emma tries to teach everyday ).

Unfortunately, not many people take their finances that seriously. Why do you think slay mamas are cashing out daily even as Nigerians are crying of poverty and hardship? Men are thinking with their ‘balls’ and transferring their wealth to these slay queens.

Trust me sir, there is no financially stable slay queen, most are battling the effects of the abuse of human biology, those that have understood d game just act as proxy organizing young misinformed girls for lazy men...........

U can never abuse nature and go Scot free, na ur body go tell u

erwinschro:
I am not an insider but merely have experience in finance. From my understanding NASD is not a very liquid exchange so mispricing of securities is far more common. With PE firms, they will eventually look for an exit to actualize the true value within 7-10 years of their investment either through a secondary sale or strategic acquisition.

I don't wish to convince anyone to invest, just explaining my views and seeing if there are any issues in my thought process. The way I see it, if I can buy a part of the company for far less than its actually worth with a good margin of safety, it should be a very profitable investment

I believe you mean well but one thing about stuffs in Nigeria is that they usually look good on paper till one enters and see that Khaki no be leather, at times its better to follow the wisdom of the crowd and touch this glittering opportunities from a distance....... Many on this forum have been dealt heavy blows by many private equity firms, different investment vehicles have been brought forward and many did not see the light of day instead many ended up sinking investors fund

why not channel your energy to NSE that has been tried and tested, personally i only deal with NASD companies through DEBT instruments as that is the only channel that the law insists they must pay back else liquidation, Equity is a different ball game, Equity is majorly a promisory note, Many companies even on the NSE pay dividends as that is a major means for them to convice investors to price their bonds cheaply else they will behave like NASD companies

erwinschro:
Quite the contrary - the economics of their business is turning in their favor. They are mostly owned by a prestigious private equity firm that is driving operational efficiency. They lost money the last 5 years in order to pursue growth and it is paying off as they are the fastest growing chicken brand in west africa and are on track to have over 500 stores by 2023. They did over N13bn in revenue in 2019 and turned a profit of over N3bn. They are expanding their franchising so they will essentially be entering the property development business - a model that has worked very well for companies like McDonalds. The business is very sound.

In terms of valuation, because they are owned by a PE firm I would probably have to do a DCF analysis with a 5 year EBITDA exit to get a better sense but as of right now the shares trade for less than 3x earnings which is cheap by most standards. My view is that it is a good long term play for capital appreciation not dividend payment

Its a no go area except i have quality insider info especially if management has it in mind to pay dividends

Lazyyouth4u:
SEC will try to protect them, they will complain. SEC leaves them to go ahead and lose their life savings, they will still blame SEC for not protecting them. What do Nigerians want?

I’m just feeling sorry for those that will lose their money when one of those guys crashes. The clock is ticking.....

its called entitlement mentality

I have missed the personality that updates us on the Msci index, one would have loved to know how they have been adjusting as happenings in Nigeria unfolds


On a lighter note lets not overcriticise anybody who brings a new paradigm to investing and trading to this thread


A lot of egg heads have entered ghost mode, making discussions very monotonous

The guy that pays #5000 for Heineken @ transcorp Hilton and the guy that pays #300 for the same Heineken @ a local bar are all getting their worth in the amount of money they spent...........it all depends on what's in all our minds initially....

If it were only the beer enjoyment one is after u can as well grow the grain and ferment the beer @ home yourself that way you won't spend a dine

Better still you can drive down to the factory and buy at ex-gate price take home and enjoy.......

This brings up something if u are a producer, u better know what u are selling as it may not be the product manufactured u are selling, it's probably concepts like convenience, prestige or utility u might be selling......

The richer one gets, the more he is ready to pay to enjoy concepts like speed , convenience, durability

Back to the discussion, yes someone earning 50k can definitely build, but u will never hear stuffs like stone coated roofs, premium interlocking pavement, marbled floors, weather resistant paint........... A utilitarian will be like what da Bleep is this dude talking about

Ardova is meant to finish paying the loan they collected 5 years ago under otedola

Can some one please shine more light on this, it seems they have collected a new one as I want to believe the amount they use for loan service should start appearing on d bottom line

ositadima1:
The solutions to our problems are inside that post above. I wish Buhari can take some time from his busy schedule and read this.

And u think If Okonjo Iweala becomes president she would do wonders

I just pray God Answers your prayers so that the Noise would stop

ojesymsym:
I understand what you mean, but non be all of them fit avoid work. Teachers and doctors for example must go work, some other ones must also go but they know how to cover up for each other though.

The day governments finds a way to run civil service the ways banks are being run then there will be better efficiency in Naija.

That can only happen when government are runed strictly on taxes..................That is the only way to make Government work for their money, You first have to find a way to attract Businesses then find a way to make money without taxing Businesses to death..........................Most Government take the easy route especially when there is a Hot commodity in their dormain that sells fast........ Take a look at NNPC priding itself on PRODUCTION SHARING CONTRACT instead of producing and owning the whole commodity

Living on 50k salary is possible and the bulk of Nigerians are doing it but nobody likes the reality of living such life......................... Its almost unimaginable where one has no access to some form of communal wealth like working for a big corporation or a wealthy person...........

People living this way are extremely resourceful and knowledgeable in many areas, almost everyone who has built a house out of meagre resources ended up turning themselves to different types of Engineer in the process but you in-advently see their touches in the structures they have erected, they usually lack ergronomics........

It depends on what one is looking at

yMcy56:
ACCESS Q1 don land........
A good result.....
cc: @onegentleguy
https://doclib.ngxgroup.com/Financial_NewsDocs/33197_ACCESS_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_.pdf

UNION BANK Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/33196_UNION_BANK_OF_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATE.pdf

FCMB Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/33188_FCMB_GROUP_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf

PRESTIGE Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/33193_PRESTIGE_ASSURANCE_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMEN.pdf

WAPCO LAFARGE Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/33190_LAFARGE_AFRICA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_F.pdf

CHAMPION BREWERIES
https://doclib.ngxgroup.com/Financial_NewsDocs/33187_CHAMPION_BREW_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_F.pdf

On wapco result

Any comment

Especially on the cash reports

Could a big gbege be brewing in the banking industry.....
1st UBAs audio full year report and dividend
Now GTs reduced 1st quarter earnings

Though no body's saying anything but the smell of the body language is clear

The richer one becomes, the more one gets to know that it's not about the physical wealth but how many people your voice can control,

I know many a big man that pay imams to pray daily for them, they build edifying mosque for their praying imams and at times I kind of wonder whether God is deaf to them for giving this high sums for only prayer.....

emmanuelewumi:
People have gone broke trying to achieve social wealth.


All you have listed will make you to have respect, admiration from people.


Why do people live above their means?

Many years ago a colleague came to me to get a loan, which was less than a week after we were paid our salary. I asked him why was he so broke, he said he made a pledge to his religious organization.

Who does that, you made a pledge now you can't afford to fuel your car or pay your transport fare to work.

I guess the guy needed to up his status in his religious organization, he needed position in the organization, he craved the respect and praises from his religious leaders.


If I may ask you out of the following types of wealth and you are asked to choose just 3, which ones will you choose.

1. Financial wealth ( money)

2. Time wealth (freedom)

3. Social wealth (status)

4. Physical wealth ( health)

No better way to put it, when one has finished solving the problem of hunger what remains


I still don't understand why the rich keeps working harder when they can as well pay themselves pension from their wealth

To what end does Ahib and Lazy youth do all this for

I kind of think the both of you are trying to achieve something (definitely not investment education), MAYBE LANDING a job as a Political media aide or BMC.....

I still dont see the reason for the stalking going on

I also feel the both of you know yourselves well in real life for this rife to come online

edoman2016:
I need a serious advice here. I own a NAFDAC approved juice factory. So we have test runned and did trial production which was very successful. The samples were liked by the supermarkets and customers we give it to.

Now the issue now is that we are commencing full commercial production this week. And I had an arrangement with a chdhood friend of mine who had access to about 400 supermarkets in Nigeria. He has always been in FMCG sales after NYSC days, well connected and well experienced in sales and distribution. He wants to be the distributor and the receiver of payment from the customers, he will deduct his commission and remit my due money from sales after 30 days of supply on credit to him

Now, do you think the arrangement will favour me as the manufacturer, investor and sole owner of the factory. Should I develop my own in house sales team? even though I am not well connected to supermarkets in Lagos like him. I believe he is saving me the stress of customer acquisition.

My fear is that most customers will know him as their supplier and not know anything about me as the business owner. What if in future, he raise capital and start his own factory and steal all my customers.

I need advice on the way forward

Congrats on the full scale commencement of production.......

First and foremost never give in to your fear even if it means ur friend will chop u @ first, he has d contacts and distributors who u want, infact give ur friend 100% trust, So u can learn his trade secrets faster, it might cost u a little profit @ first.....

U have to start getting ur products out and start getting feedback so as to fine tune.....

My dear ur friend is not the only marketer in Lagos, if he is getting such a wonderful deal, u will see the way fellow marketers go find you.....

Business is a marathon, shortermers will fall by the wayside