Foreign Affairs › Re: Iran Says It Reached Hormuz Deal With Oman, Reopening Hinges On End To US Blocka by mikeapollo: 9:52am On Aug 18 |
erad: Dude... What do you people smoke? The same Israel that was begging USA to help reach a ceasefire deal the last time Iran chose to directly respond? That Israel? Israel begged USA to help them reach a ceasefire with Iran? Are you kidding or hallucinating? The same Israel that used female pilots to bomb and kill virtually all the top nuclear scientists, military generals, the Ayatollah himself and IRGC commanders without losing a single fighter jet or soldier and without losing any top govt official? The same Israel that told Iran that US planes are taking off from its airfield and using its airspace to fly and bomb Iran? The Israel that says they will respond forcefully if Iran dares to attack them? Why has Iran refused to attack Israel but instead attacking other countries accommodating US fighter jets? It is clear who is smoking something terrible! |
Foreign Affairs › Re: Iran Says It Reached Hormuz Deal With Oman, Reopening Hinges On End To US Blocka by mikeapollo: 9:43am On Aug 18 |
BornofGod108: https://iranintl.com/en/202608156799 Iran claimed they are they have the sole right and ownership of the Strait of Hormuz and decided to take unilateral actions blocking ships and charging toll fees. So why are they now having a ''deal'' with Oman on something they claimed belonged to them alone? Very deceitful and mischievous. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:27am On Aug 18 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:00am On Aug 18 |
GeeKudi: The way it feels like free money each time dividends drop is so gratifying Repent! The love of money is the root of .......  |
Phones › Re: Countries With Most Affordable Data Prices Per 1 Gigabyte by mikeapollo: 4:36pm On Aug 17 |
BlackViper: What amazes me about Israel's case is that not only is it the cheapest in the world, it's also one the fastest and they have some of the most generous unlimited data plans. Israel has some of the best offshore internet and satellite services providers. Yet, they are just about 10million in population. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:33pm On Aug 17 |
sterlingD: I am yet to receive my allotted shares for Dangote Sugars. l am not seeing any allotment in my CSCS statement. Contact the registrars or through your stock broker. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:11pm On Aug 17 |
KarlTom:
 This Access publication should lower the price for some days/weeks ahead |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:16pm On Aug 17 |
SonofElElyonRet: Ocean and Oil niyen.. mo dodge e Maybe at N20 I'll take a risk  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:31pm On Aug 17 |
SonofElElyonRet: Which party be dat? The ''W'' party.... the ''party'' that you ran away from because ''emi e ko gbe''. Our party ''card'' is selling for around N35 right now. Time to be a good member.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:57am On Aug 17 |
SonofElElyonRet: If Ellah descends to 7:50 I'm selling my remaining 350,000 units. O to geh That Ellah is a stock with nine lives! Why not join us in the ''winning'' party? (take note that winning starts with a '' W'')  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:32am On Aug 17 |
yMcy56: Read my posts very well... The rules are bad and backward in itself...... Even though the tiered bulk movement rule is better, it's implementation is coming at a very wrong time.
If it had been implemented today, the market will be greatly affected before it could stabilize again....
Now tell me how it wouldn't rubbish the ongoing reforms and the $1Trillion economy the present government is aiming to achieve?
Also tell me how it wouldn't affect the image of the country negatively before it later stabilizes.. Successive govts in this country just like to set phantom targets! Few years ago, the OBJ govt was chasing to become the ''20th biggest economy in the world'' by 2020 (Vision 20-20-20) and they spent a lot of money on propaganda! How far now? Today, the new target is $1trillion economy! I just wonder what would be the real ''achievement'' or ''success'' if the economy hits the $1trillion (or even $2trillion) mark and we still experience low productivity due to very poor infrastructure, massive unemployment, high inflation, low industry capacity utilization, low standards of living, weak currency, high import dependence, BOP deficits, huge debts etc.? Why not focus on the basic building blocks and watch the economy grow naturally? Nigeria's economy will be transformed automatically if electricity, transportation, insecurity, education etc. could be tackled effectively. A lot of countries with good economies and systems are not up to the $1trillon mark but they have some of the best standards of living in the world. I wish the govt well in what they wish and promise! |
Investment › Re: SEC Receives $5bn Dangote Refinery IPO Application, Nigerians Set To Buy Stake by mikeapollo: 9:41am On Aug 17 |
PDPdestroyer: How will you know if it’s overvalued like Elon Musk’s SpaceX IPO? Check the history and trajectory of DangSugar and DangCement to see if Alhaji's companies are overpriced at IPO or initial listing. |
Foreign Affairs › Re: Iran Has Used Strait Of Hormuz To Silence Discussion On Nuclear Program by mikeapollo: 5:45pm On Aug 12 |
Biodun556:

For those who were following Iran nuclear program and negotiations with the members of UN security council and Germany during Obama administration will realize that Iran is very tough when it comes to diplomacy.
The center of discussion and reasons for attacking Iran was it's nuclear program but now, Iran has managed to restrict all talks on strait of hormuz.
I believe this will continue for years. If US makes attempt to bring up issue on Iran nuclear program, Iran will close strait of hormuz and this is how they will continue to waste time and eventually forget about nuclear issues. Rather, Iran is using the Strait of Hormuz to divert attention from their losses and to buy more time. |
Foreign Affairs › Re: "All That's Left In Iran Is 300% Inflation, Praise Be To Allah" - Trump by mikeapollo: 5:39pm On Aug 12 |
RaySimran: Donald J. Trump @realDonaldTrump
Source If this is true, then this Trump is a big clown!  |
Politics › Re: Shehu Gazali Condemns Video Of Northern Pupils Marching On Israeli & US Flags by mikeapollo: 5:14pm On Aug 12 |
BlackViper: Southeast children are in a bootcamp learning AI and robotic engineering as we speak, with the help of Alex Onyia.
In Northern Nigeria we teach our children islamism and hate for infidels. The South will export skill while the North will export terrorists
This is the influence of Arabs. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:38pm On Aug 12 |
ghm: That is where many people usually miss it – risk management. There is nothing like a guarantee in equity. We can study past performances, but we should also remember that past performance is not a guarantee of future performance. Who would have thought that UBA and AccessCorp would not pay dividends in the 2025 FY report?
Apply risk management. Diversify. Equity is riskier than bonds. Do not invest funds you cannot afford to lose, or funds you may need anytime – hence why we talk about "patient funds." Exactly. People even forget that a company may fold up or relocate or may underperform or fail to pay dividend for years. Equity is riskier than bonds; it is the higher returns that make it attractive. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:30pm On Aug 12 |
emmanuelewumi: But not time 5 to 7 as suggested by street investor What's the difference? Some are up to that range and more in terms of increase. May be you have not experienced or witnessed it. But trust me, there are many of them in my area. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:14pm On Aug 12 |
H PuristForest: This one sha, i agree with street, the man is not wrong on the sukuk point — that's the one part of his post worth engaging with, not the Dangote/Alhaji theatrics.
13% on a sukuk that's been running 4 years, against the inflation and naira devaluation we've had since 2022, isn't a win in real terms. Nominal 13% doesn't mean much when your purchasing power has been cut by more than that over the same stretch. That's not an opinion, that's just what happens when a fixed coupon sits still while the currency it's denominated in doesn't.
Which is exactly why anyone looking at the new NBET Series II bond needs to run the same math before getting excited about the 17.85%–17.95% coupon on the 7-year tranche. Headline rate looks good next to the sukuk's 13%, but 7 years is a long time to be locked into a fixed coupon in this environment. The real question isn't "is 17.9% attractive today" — it's whether that rate still beats inflation and NGN depreciation in year 5, 6, 7, the same way 13% stopped beating it for the sukuk holders. If naira weakness or inflation runs hot again over the tenor, the same "obituary" he's writing for the sukuk gets written for this one too, just a few years later. just for context, check the chart below If you are not careful, they would accuse you and say you are campaigning for your political candidate. Everything one says on the economy is all about politics or 2027 election to some people. God help us in this country! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:55pm On Aug 12 |
emmanuelewumi: Became some building materials are now time 5 and 7 does not mean a property of N100 million about 3 years ago are now N500 million to N700 million.
Are you also saying that the workmanship of artisans, engineers and builders are now time 5 to 7.
Does that mean that rents now time 5. I can tell you confidently that some houses that were being rented for N500-N700k in 2022 in some areas in Lagos are now going for N2m-3.5m. All they do is to renovate and fix POP to the ceiling or nothing at all. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:55pm On Aug 12 |
emmanuelewumi: Became some building materials are now time 5 and 7 does not mean a property of N100 million about 3 years ago are now N500 million to N700 million.
Are you also saying that the workmanship of artisans, engineers and builders are now time 5 to 7.
Does that mean that rents now time 5. I can tell you confidently that some houses that were being rented for N500-N700k in 2022 in some areas in Lagos are now going for N2m-3m. All they do is to renovate and fix POP to the ceiling or nothing at all. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:50pm On Aug 12 |
chimex38: Only God knows the kind of pressure on minister of Finance, Minister of Petroleum, CBN Governor and NNPC GMD and of course PBAT himself if this international war caused us fuel scarcity. Forex would have balooned up again and we will be back to square 1 and be doing explain, explain tire. And you say present FG did Dangote more of a favour? Worse case is a Catch-22 situation. which will even be from Buhari's tenure. I tire o, my brother. The level of shambolic sycophancy and hero-worshiping of Nigeria political leaders is unbelievable. DR that is situated in a export free-trade zone that can easily export its products for dollars! The refinery is a blessing and an escape route for Nigeria. No wonder other countries in Africa are seeking a replica |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:31pm On Aug 12 |
GeeKudi: Keep it up, bro. What I have found out, however, is that political (and probably religious as well) arguement rarely wins converts, especially with the kind of informed citizens you have here. So, you may want to restratigize and choose more pliable audience. I am not trying to win any converts for anything! People can stick to their own convictions. I don't need a crowd to have my conviction! We are entitled to individual opinions, but no one is entitled to fabricate or twist facts. And I don't care who wins or loses any election. I only assess my political leaders at any point in time. Stop associating me with any political intent or purposes or machinations. And BIG CONGRATS to you for not seeing or hearing any poverty or hardship or suffering around you in the society. Your eyes and ears are blessed! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:06pm On Aug 12 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:04pm On Aug 12 |
GeeKudi: Mike is not wailing on behalf of himself . His wailing is to entrench a narrative. For such disposition, facts don't matter. He would even deny his own reality (because I know he is making money from the market 😁) to maintain his Sowore posture. I am not entrenching any narrative. I am saying my reality and that of millions of people. Maybe you are one of the few that are so blessed and you don't see or hear the suffering of people in the society around you. Or maybe your love, admiration and loyalty to one person or political party does not allow you to appreciate the suffering in the land. Congratulations!. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:03pm On Aug 12 |
Agbalowomeri: Na who say make you carry Oando and ACCESS for head?  This is nothing personal, it's a national topic, not about my portfolio. The almost 2million bonus units that I have received from Oando (share redistribution) alone is enough to buy me a house! And I am not making losses in Access. So let's put that aside. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:46am On Aug 12 |
emmanuelewumi: The essence of being informed investors is to know how to get returns that will be higher than inflation and devaluation on the long run.
If people must wail it should be Nigerians that are not on this thread.
Although I believe things can be better in Nigeria wailing will make the wailers to miss the emerging opportunities in the country ''Investment'' or ''investors'' should not be only about NGX or financial assets or equities. A person that acquires a machine, property, vehicle, any asset of productive capacity and deploys or rents(leases) it out to earn a return is also an ''investor'' carrying out ''investment''. A school proprietor is also an ''investor''. So there are different categories of ''investment'' in different sectors of the economy. The steep inflation and devaluation affects all these investments negatively; and whatever happens in the 150 companies listed in NGX is a microcosm of the bigger picture in the larger economy. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:23am On Aug 12 |
megawealth01: Make DANGOTE criticize jagaban small, I wan check something  Alhaji will never criticize Jagaban, until he is no longer president. Same way they were praising Buhari when he was president; but you see how they are criticizing him today, even though they're in the same political party. Hypocrisy and sycophancy rules everywhere! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:18am On Aug 12 |
emmanuelewumi: You asked a question on how investment income will adjust to devaluation and inflation, and I answered you.
If you are saving to buy a house, instead of saving it a bank it is better to use the savings to invest in equities, Eurobond Fund or land, although I am not a land person. The inflation and devaluation affects the whole economy, hence you cannot use the sectional analysis of stocks in your portfolio alone. Other companies (private and public-listed) have also lost in dividend income. So you combine the overall, general effect on dividend income in the economy. Just imagine Insurance stocks, fixed income securities and the effect of inflation and devaluation. Again, the cyclical effects of inflation and devaluation include increased input costs, reduced productive capacity, job rationalization, unemployment, loss of purchasing power, reduction in sales/turnover volumes, lower profits, hence lower dividends by companies etc., which means companies have to increase their prices, leading to lower household disposable income, lower savings, lower investment, lower investment income etc. and so on. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:01am On Aug 12 |
emmanuelewumi: My dividend income between 2020 and now grew 20 times, although I invest regularly and also reinvest 70% of my dividend income or use it to service loans You keep using stocks in your portfolio to make sweeping comments about the whole economy. The NGX is not the totality of the economy. There are less than 200 companies listed in the NGX. Has the dividend income across all companies and sectors in the economy grown 20 times or even 10 times between 2020 and now? And the discussion has been the impact of inflation and devaluation from May 29,2023 (NOT 2020) MAN says more than 735 companies have collapsed since May2023. So tell us the dividend income from the collapsed companies too. When we discuss these things, the focus should be on the broader economy, and not using myopic analysis based on stocks in one's portfolio. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:51am On Aug 12 |
lawani: Avoid them all if you can. They are basically all the same thing. Fixed deposit, bonds, Treasury bills CP, CD, preference shares etc They offer you higher returns than equity but no shock absorber against inflation. Equity is the best. Do you really understand what you typed? Who told you that fixed income securities offer higher returns than equity? |
Foreign Affairs › Re: Ex-mossad Chief Says ‘we Toured’ Iran’s Fordo Nuclear Site ‘many Times’ by mikeapollo: 10:43am On Aug 12 |
franchasng: This is why I want a separate state for my people so that we can focus on emulating great nations like Israel in doing scientific, technological and astrological exploits.
Forget, Israel remains the number one when it comes to covert operations I don't know who your ''people'' are. But always tell them to be law abiding, respect everyone, be civil, avoid crime, avoid drugs, be patriotic to genuine cause and other vices. I wish you the best in all you wish yourself and your people |
Foreign Affairs › Re: Trump Says He Switched Planes After NATO Summit Because Of Possible Threat by mikeapollo: 9:03am On Aug 12 |
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