All the best in our investment journey in 2026 and beyond
If one did not see the Naira devaluation coming and you stayed in this market between 2012 and 2023 or you think bonus shares is a return then by all means do this. But if you know whats up then you know that this advise is nonsense and I don't need to advise you
I don't have Vitafoam shares again, I sold last year.
But it is a stock with potential for growth and wealth creation
Mankind2024: Another Competitive Moat for Vitafoam Nigeria PLC: Vitafoam demonstrates pricing power by gradually passing on increased production costs through price adjustments aligned with inflation, while maintaining strong consumer demand and avoiding significant buy-cutting (reduced purchasing) of its essential bedding and foam products. This ability stems from its dominant market position as Nigeria's leading foam manufacturer, extensive distribution network, and strong brand loyalty for quality mattresses and comfort products—allowing the company to protect margins and achieve robust revenue growth even in high-inflation environments (e.g., revenue up 35% to N111 billion in FY 2025 despite rising costs).
I am not saying the company is bad but the stock price reflects all that has been said. Buying at these levels is unwise
pluto09: But the price today is N94. For someone who wants to deploy his funds today, does the company offer a margin of safety for discounted price or is the company appropriately priced?
Exactly. The stock is rightly priced/slightly expensive. For me it is SUPER EXPENSIVE
Harddiskng: I see some post and i am like wow, rookie mistake. Been there, done that.
I remember trying stocks like 10 years ago, I put in 1m and lost 40% of my portfolio value lol, then just sold them off. Guess what each of thhose stocks are doing over 500% from that time. I still have one (like 100 units) i forget to sell and i kick myself every time i see it.
I came back to stock investing this year (2/3 months ago) and i left those 100 units as a reminder.
So far so good these are some things i have learnt (still learning). They have worked for me really well, you can give it a try or not
1) Never make a particular stock more than 25% of your portfolio. It’s a good stop loss. 2) It is better to be in for the long haul, so buy companies with good financial fundamentals. Then give them time. I don’t plan on selling any of my buys in the next 5 years. 3) Make investing a habit. Come rain, come sun shine. 4) Don’t follow the crowd blindly, do your research!
Please add yours
Aside from 3 and 4 I disagree with everything you have said. Convert the money you invested 10 years ago to dollars and see that you have not made much with your 500% gain.
Mankind2024: This is why I stay within my circle of competence in the equity market. You saw a 3.3% dividend yield, while my dividend yield on Vitafoam is 38.46%—having bought at ₦7.8 in Q1 2021. The real gain is never in the buying and selling, but in the waiting. To cultivate this virtue, discipline coupled with patience is essential. The excitement is seeing the reward.
I wasn't in the market in 2021 nor was I looking at it so I really cant speak to prices of other stocks, but I am sure this performance that you have witnessed is not unique.
Mankind2024: Exiting Vitafoam when you did should have been based on strong, rational grounds—the company's fundamentals haven't changed at all. It remains a true compounding stock: consistent annual dividends, steadily growing revenue year after year, a strong economic moat, moderate OS(1.25B) and relatively good liquidity. I truly empathize with you for exiting too early. Your story is remarkably similar to Madam Flo's, who emotionally sold off her FIRSTHOLDCO shares. More wealth has been surrendered by exiting good companies prematurely than by market crashes. You didn't just miss the ₦3.00 dividend—you also missed the 1-for-5 bonus issue and the powerful future compounding that could have followed.
I don't get the excitement on the vitafoam result. Bonus shares is not a return on investment. N3 dividend is about 3.3% dividend yield.
Maybe you guys are seeing something I'm not seeing but there is nothing about that result to get one excited
yMcy56: First Bank successfully overtake UBA.... Aiming for ZENITH as we rightly predicted some moons ago......😊
Meanwhile, this ASI @153k is not a representation of happenings in the entire market because it's a situation where only 3 or 4 big caps are moving it up...... We needed bull/price appreciation in other listed stocks as well.
Hopefully, the CGT is suspended to pave way for general market rally.
* Search for 2026 stocks is commencing soonest, God willing. 😊
huge mis pricing. Either UBA and Zenith are cheap or First bank is Expensive
Mankind2024: The Boring Path to Wealth: Lessons from Madam Flo's Regret
The road to lasting wealth is rarely exciting or linear. It's often **boring**, steady, and demands the kind of quiet discipline that only patient, ordinary investors—like many of us—can truly master.
It requires patience paired with discipline: the ability to tune out market volatility, short-term noise, and emotional urges. Volatility isn't a penalty—it's the price winners pay for the magic of exponential compounding over time.
Consider Madam Flo's 18-year journey with First HoldCo (FBN Holdings). In all that time, the bank never once declared a loss—a testament to its resilience and quality as a business.
Her primary frustration? Declining or modest dividends, which felt insufficient amid rising living costs.
Her deepest regret? Not selling at the peak around ₦40 in March 2024.
Let's look at the numbers for clarity:
She sold approximately 26,359 shares in June 2025 at ₦26–27 per share, netting about ₦680,000 after fees.
As of today 24th December 2025, First HoldCo shares are trading around ₦52.30. Had she held on and sold at 11hr10 today. (assuming maximum 2% transaction costs and charges), her net proceeds could have been roughly ₦1,356,170 or more.
That's a potential additional gain of over ₦676,170—simply for exercising a little more patience.
A third layer of regret (if she's following market discussions): realizing in hindsight that the stock would rally significantly post-sale. "If only I'd waited a bit longer..."
**The core lesson:** Never interrupt a compounding stock like First HoldCo prematurely.
Quality compounders reward those who let them run. Selling too early—not market crashes—often inflicts the deepest wounds, and the psychological pain can linger far longer than any temporary dip.
As Charlie Munger famously observed, more wealth is destroyed by panic, impatience, or emotional selling than by actual market downturns.
This is the timeless truth for "boring" investors: consistency and patience don't make headlines, but they quietly win the wealth race over time. In a world chasing quick wins, the steady hand triumphs.
Watch Madam Flo's video for clarity before criticizing me.
All this talk is nonsense. Hindsight sight is 20/20. So long as her reasons for selling were logical and well thought out at the time then she has no reason to regret. She could have also held and it would have gone the way of Aso savings. The important thing is to not be impulsive, not that one should be holding a dead stock indefinitely just to prove a point that you can hold
ositadima1: Lol, I can only guess that you’re invested in Access, that’s the only reason you can say two opposing things in the same post. You said ₦19 is impossible, yet later admitted that it’s possible but won’t last long.
Fundamentals are one thing; buyers’ and sellers’ opinions are another. Know the difference. In a free market, anything is possible. If many sellers come to the market and there aren’t enough buyers during that period, then even ₦15 is also possible.
It’s better to be at peace knowing the full range of outcomes than to suffer pain because of naïve optimism.
PuristForest: Accesscorp - still think a lot of weakness, potentially, we could see access around the 15 region. One of five reviews in our weekly wrap up for members....
Make I bend if access touch 19. This is not crypto where there is no earnings behind the asset. Based on Fundamentals it will be difficult for access to go lower than where it is for a sustained period
emmanuelewumi: Your head dey there @ " invest like a farmer".
If management can achieve their revenue target of N300 billion for 2029 @ a profit margin of 25% which is lower than their net margin in the 2024. That will give them a profit after tax of N75 billion or Earning Per Share of N38.50k.
They have a dividend payout ratio of 90% which will give a dividend per share of N34.60k
emmanuelewumi: But you get cash flow either every day, every week, every fortnight or every month.
So keep buying
I ne be like una oh. I need to enjoy my life. Xmas celebrations and presents. School fees in Jan plus general bills of life. I am fully invested. Next time I will have cash to invest will be in March and I go vex if it is still trading at this stage by then
jonnysessy: So what do you say to 40 stocks in my portfolio ? Jack of all trade, master of none Well, i am only trying to be everywhere. I am kind of difersifying. But, in the long run will trim it down to 20. Picking the best in every sector
Two inefficient portfolios asking themselves who is more inefficient.
ogawisdom: It depends on his capital base, if he is investing with 1billion, it's not too diversified.
When you are a HNI you can afford to make less money but you can't afford to lose alot of money by concentrating.
Concentration should be for people trying to get rich (hit networth of ₦100m)
Berkshire Hathaway's public stock portfolio holds around 41 to 46 individual stocks, with the exact number fluctuating slightly, but recent reports from late 2025 show approximately 46 distinct stock positions.
As of the latest official report (the Q3 2025 SEC 13F filing, with data as of September 30, 2025), the publicly disclosed equity portfolio of Berkshire Hathaway was valued at approximately $267.33 billion
Streetinvestor2: Why do u think the policy is bad for the palm oil sector. And how is it affecting other sector We have this policy on sugar with backward integration attached. We have it on rice though government approved the importation of puddles for a short period to crash the price locally. I think it is good policy that should be sustained and backward integration should be added. Then government should allow even export on it.I think thr is restriction on export because some Asian Countries did same..We cannot allow our country to be dumping ground for substandard palm oil like I saw in the past in railways then in kaduna. That was what indomie company in kaduna was buying because it was cheaper but the oil was completely rubbish from my own physical check. Then why the bigger guys will continue to make good margins. The majority locals don't have efficiency in the milling process. The way they start is equally how many close shop in short period. Then this big guys have alot of revenue coming from revenue mix in the industry because of capacity and funding for the machines needed to create different products out. Like in my lga,many Mills I use to know have shut down for different reasons. Mostly related to power supply. Then the few local production just serve the few people who really want quality hand prepared oil to cook. And this quality comes with extra cost if u go for it.Do you know thr is huge money being made from karnel oil presently mostly cold compress
Streetinvestor2: We are not that close.We still get close to 40% gap and likely 50% as our population goes higheri n 5 yrs Unless the government go begin allow importation back into the country .A liter still goes for #2k and above. Even at #1500 for a litter the guys will still be making good money from my research.The kill for these oil guys is the industrial need for palm oil in nigeria. It will definitely continue to increase if the manufacturer ingredients and production part of the economy continue to expand
Fair enough. I guess I am with you on this. There is too much opacity for me to take a position as well
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 2:12pm On Dec 27, 2025
