₦airaland Forum

Agbalowomeri:
Dem say you get much more than you need boss. So do giveaway

My pastor don say make I no dey deny these prophesies. Amen oh!!!

awesomeJ:
Send your aza for what?

It makes no sense that you would expect me to gift you. Since you have much more than you need.

Except it's another humour and you forgot to add the emoji 😁

You don carry the matter enter another level.

awesomeJ:
I prefer to believe that.

Only short sighted people would prefer to believe a smaller figure and then start thinking they've arrived when their portfolio hits N50m.

With my thinking, even at N200m , I know i'm only just starting cos I need to catch Agba before he reaches N10bn.

That thinking only helps me stay motivated, why do you think there's a downside to it?

There are people who feel intimidated or get jealous when they realize that people here have portfolios over N50bn.

I'm not one of such people, I don't suffer from such foolishness.

If pa Emma reads that someone here has N50bn, don't you think he will realize he still need to grow his current N5bn portfolio?

All this one na story.... Make I send Aza

awesomeJ:
The sellers of the humor should add emoji labels so we can see the wares more easily na.

Like 😁😁😁
Or even just 😁

no vex but I was serious on the aza matter oh

awesomeJ:
The average portfolio size here is perhaps N500m.

My current portfolio is less than that.

Something never ceases to amaze me:

Why guys like you with portfolios in billions or at least hundreds of millions will see 200k as money when it shoould simply be a rounding error on your account.

I just don't understand.

The least amount that should even make you guys think of figures being brandished should be at least tens of millions.

I just never understand.

Just like at my current portfolio level, someone mentioning 20k wouldn't be a relevant amount to me.

Guy, no go believe enter bush oh!!

Anyway all this your talk na to deflect from the main matter...MAKE I SEND AZA

awesomeJ:
I held 19107 units of EUNISELL at N149.95 at the start of today's session.

I panicked sell everything at 135 only for someone to come clear all the offers at the last minute and close the stock at N158

By selling too early I lost N23 per share making a total of around 439k in just one stock in a single day.

Another 100k loss on Cadbury and losses on other tickers too.


Am I bothered?

I would be if I was a beginner like I was in 2020.

Is my portfolio down by 700k today?

Not quite.

I'm still up over 200k on a day as funny as this.
😁😎

These figures are significant given that my current portfolio isn't so large.

Una get money for this place oh. Bros make I send aza?

pluto09:
We are still very much dependent on crude oil as a source of foreign exchange earnings.
A sustained downward movement in oil price will be a big challenge for naira stability.

Not as big a challenge it would have been if we were importing and subsidizing fuel.

mikeapollo:
The govt stopped subsidies since 2023, but they have been borrowing like crazy to finance the budget with no concrete results to show.
Ask yourself why they have borrowed trillions of naira when there is no subsidies, and still nothing to show?

The money doesn't need to be used judiciously for the currency to be stable.

presiade:
You're referring to the Central Limit Theorem in statistics.

Is statistics not a branch of mathematics?

mikeapollo:
Have you thought about policy decisions in the US that could strengthen or weaken the dollars against the naira? That is not under your control.
The issues you listed can be worked on without the naira being weakened. e.g. Nigeria had a stronger naira with national oil refineries working in the 1970-80s. State ownership of assets is not the problem; corruption and mismanagement is.
Aramco is owned by Saudi Govt and they are doing fine.
Don't demonize subsidies. Every country on this earth gives some form of subsidies to their citizens.

You are right but since we have been unable to find a solution to corruption then we are best using a development model that adds it as a factor. With regards to external policy, yes that too is a factor. So add it as a potential risk. So unless those things happen Naira will not collapse

mikeapollo:
Nothing is ''gone'' in the long-run.
How many regime policy somersaults and inconsistencies have you witnessed and fallen victim to in Nigeria? Naira was about N200 just 10 years ago.
Never downplay a relatively stable currency like US dollars for an unstable naira, especially in a country that relies heavily on oil prices which may experience a drop and put pressure on the currency. A new govt may come with something better or worse than what we have now

The only thing that will make dollars attractive over the Naira in the next 10 years would be if a government comes in and reinstates fuel subsidy, fixes the exchange rate and nationalizes all refineries. If these don't happen then Naira will not witness the kind of collapse you referenced.

mikeapollo:
Possibly gunning for a bigger stake in Dangote Refinery; paying dollar dividends would greatly enhance the trading price on NGX

The time for Nigerians holding dollars is gone. The structure of the economy has changed so much that the best thing any Nigerian can do for the foreseeable future is to focus on increasing their Naira income

Streetinvestor2:
I don't know the kind neighbour hood u stay but u for do small one on one research around
Easing keke.Many are living from hand to mouth. People like u fit no dey feel am because u saved during the rainy days and have passive incomes .
Abi u no dey see the high level of jijo happening in the morning and any thing past 1pm on ngx..lol

I don't see it oh. The market had a huge rally on Monday and everything went up. The fundamentally unsound stocks/sectors are giving back those gains but the undervalued sectors seem to be holding on to the gains they made.

As to asking my neighbor about the economy, everybody (including myself) will complain that things are bad but are they really bad? it could be better but I feel I am doing better than I was two years ago. Inflation has stopped, some prices are actually coming down. My income has gone up. I mean we are not in heaven but make we no lie things are improving albeit gradually .

Streetinvestor2:
The current level of hardship in this country now has turned ngx to jijo promax..lol
Very soon it will become another betnaija platform

This is a genuine question

Is the hardship easing or worsening?

mikeapollo:
But selecting or picking maximum of 5 stocks from different sectors is no guarantee for achieving that goal;
An investor may still be able to beat the index by having more than 5 stocks. Don't you think so?

Mathematically speaking the more stocks you have the more your performance will mirror the index

mikeapollo:
Really?
What is your definition of a ''smart investor'' because every investor may have different investment goals and strategy?

An investor that plans to beat the index or benchmarks themselves against the index

SonofElElyonRet:
No bull for Japaul yet

This bull market is in its infancy. We will get to a point where people will be fighting/bribing to open a brokerage account.

When stories of people doing 5x or 10x of their money spread then the craziness will begin.

SonofElElyonRet:
Not only about PE
People are buying into the future. You'll only see higher lows from now

Na so!! Bull market don come, lets enjoy the party while it lasts. Continue to buy the future

SonofElElyonRet:
Still looking for Ellah at N6?

@EDUECO

Make una calm down. There will be a down turn and gravity will work on many stocks.

Guinness forward pe of 48? Okomu Forward PE 27? I laugh in Chinese

Lets enjoy the upward momentum for now. No need to mock until we see real fear in the market

Note that I did not mention Ellah Lakes. That one's forward PE is yet to be determined

HesInMe:
No harm, no foul. Do your thing. You're clearly a sophisticated investor.

Sometimes when we respond, we do so for the benefit of others who lack market knowledge and don't have your experience. Make dem no follow you jump blindly into the abyss without backup parachute.

Nothing like sophisticated investor oh. I just know that the consensus opinion is seldom right. So I get excited when I am going against the grain. Though I am also very cautious because sometimes I could be wrong and may not be seeing what the consensus is seeing.

If we were having this conversation on my site I would be more inclined to go into a detailed back and forth but the problem with this forum is that conversations get lost in the many messages and as such are difficult to reference. so to dey get serious conversation here dey weak me because it is hard to reference for research purposes

HesInMe:
"Paper profit" is a loose term. Better to say that non-fee bank profits are more subject to revisions than those of other operating companies. It's the nature of the business. All things being equal, N1 in Nestle profit is worth more than N1 in Zenith profit, and their shares are valued accordingly.

Look elsewhere if you still dey vex: JP Morgan, a too-big-to-fail commercial bank in the US, also trades at a discount to the S&P 500.

But me too I bought some bank shares when they dipped last year sha...

I understand your points but I don't agree. Anyway let's focus on making money

awesomeJ:
That's what the spoon is for innit??

E be like say you na serial killer

pluto09:
Banking stocks are definitely cheap but they are always underperform when it comes to capital appreciation.

Lets be watching.

Virtually every reason I have heard is based on historical conditions that no longer exist. EVERY SINGLE ONE!!!!

Oh then there is the asinine reason that banks make paper profit. Na that one off me pass

SonofElElyonRet:
"pull out the drain stopper"

Not part of the options

Raider76:
PZ is for the contrarians. Everyone says the Q2 results were disappointing yet its is gaining 10%.

I should have stuck to my guns, but then again the ETI is used the money to buy is going to outperform PZ

otokx:
If i had capital, would prefer Zenith.

Since you don't have capital and you are not in the market I advise you, for your mental health, to log out and not look at the market.

From experience I know it is very painful to know what to buy and not have money to buy

LadyCaplin:
I agree!

A little bit of red won't hurt so that I can stock up tbh

What are you looking to buy?

It's not too late to buy zenith Bank. It's also not too late to buy Ecobank (though I suspect full bid is coming very soon)

Streetinvestor2:
I won't argue on an industry i don't know how it operates. I believe we have people who know how it work.They will put mouth for the matter later. My only concern is then how do this content creators who do same thing claim the millions they make on it monthly. This is why government say they will start paying tax too.Abi this content creators claims na audio money

This is the same estimate for Very Dark Man Youtube page

$48.20 - $771.18 Estimated Daily Earnings

$1,445.96 - $23,135.40 Estimated Monthly Earnings

$17,351.55 - $277,624.80 Estimated Yearly Earnings

Estimate for Nathaniel Bassey (A pastor)

$138.00 - $2,208.03 Estimated Daily Earnings

$4,140.06 - $66,240.96 Estimated Monthly Earnings

$49,680.72 - $794,891.52 Estimated Yearly Earnings

Stock Market analysis is a very niche subject. IT WILL NEVER BE POPULAR. If you want to make money on social media start doing Gbas Gbos or religion and you will get the views and the cash.

Streetinvestor2:
It is not easy but he is not doing it for free. And is not like he prepares this companies results. He reads out things already on thr P and L tables. Then do the plus,minus, divide and multiplication of the figures. .Not looking down on his efforts oh..
The bottom line is he is cashing out from his efforts from some segment of the investment world On personal reasons I hardly click on his post..lol

There is no need to guess/argue on his earnings. You can check here

https://socialblade.com/youtube/calculator

From the site you can see that he earns

$0.12 - $1.99 Estimated Daily Earnings

$3.73 - $59.64 Estimated Monthly Earnings

$44.73 - $715.68 Estimated Yearly Earnings

Based on his video on UACN I invested and made 16%, purely based on that recommendation. I didn't do the analysis or anything like that. I woke up, saw the video and just took a punt. Look at my post history I am sure I posted about it.

That approx 16% I made after fees is several times more than the top end of his annual income.

Doing this sort of analysis for views is a service to humanity. It is certainly not cashing out.

I strongly advise him to continue though because this is the best CV any one can have (so long you know what you are talking about)

unite4real:
I love his consistency. He is actually doing a good job and it's free. You only need your data. Whether you subscribed or not, you get to listen to qualify. He earns my respect

Leave them. They think the analysis he is doing is easy. Me no go do am and give any body for free

Streetinvestor2:
Is he really giving it out for free.The guy dey make money as people dey click and watch. I believe it is monetised oh

So you think this channel will make more money from views than from taking advantage of the analysis.

You really underestimate how much people are making from the market