₦airaland Forum

One of the most important skills in life is how to take calculated risks.

You may never be Rich let alone wealthy if you always avoid risks. Learn to manage risk.

Tony is richer today because he took calculated risk.

Fortune favour the investor that is super skilled in risk management.

Seems like buying Zenith under 100 will still be possible as the bear market hits

Let it get more brutal as the day goes by

essentialone:
Presco Qualification Date is Not Yet Announced

It's unusual to announce dividend without qualification date and payment date. Presco needs to define those important dates ASAP

Please when is the qualification date and payment date of Presco dividend, okomu has paid already

There are levels to these things, while I am still waiting for Zenith to dip further to top up, a HNI puts 100m at 131

Chai Capital is freedom passive and predictable cash flow is the real status symbol and class in life.

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Another perspective


One thing I don’t do is to LIE TO MYSELF…

If you think that there will be any change in government until 2031, you are probably delusional. I want to BET 10,000 USD with anyone willing to risk it - 2027 will CHANGE NOTHING. Absolutely nothing.

There’s No Hope in Politics in Nigeria.

I saw people counting 1, 2, 3, 100, 400, 1000, 5000 and then jump to 9,000 and NOBODY from the crowd told them to stop the open corruption. It was done across multiple Parties. And nobody is talking about it and yet you want to blindly believe that a messiah will appear from heaven to change this country?

For those of you who think that I am supporting Tinubu - you guys don’t know Charles Awuzie. You are probably NEW to me. I don’t give a Fxxk about APPROVAL. I have the emotional capacity to STAND ALONE.
Call me arrogant, mr. Know it all or whatever you want to say “I don’t care”. I know the truth and I’ll tell you the truth. We are OUR OWN PROBLEM. Period.
Has anyone gone to court to challenge 1, 2, 3, 100, 400, 1000, 5000 vote counting? No. But we are all doing Cho Cho Cho yet we believe there will be change. You guys don’t even believe in the court. Most of you deeply do not believe in INEC yet you deceive yourselves online to act like you believe in elections. Why none of you challenged the false counting was because you lost hope already in the electoral process. But you attack Charles Awuzie for saying we must look BEYOND POLITICS for solutions.

In an Intellectually Charged Country like South Africa, there would be people challenging such primaries in court, another group would be FOCUSING ON INSECURITY without attacking any political party, another group would be marching on the streets to raise awareness and everyone would be busy fighting for the soul of the country.

But in Nigeria - everyone is waiting for an American Saviour or a Political Messiah. They do not understand that Processes are determinants of the emergence of messiahs.

And when you tell them that NEITHER AMERICA NOR A POLITICAL SAVIOUR would save them besides THEMSELVES, they hate you.

You think I would respect the intelligence of such people? No ways. You can hate me but I won’t stop loving you. I love you enough to leave my comfort in a secured Johannesburg Estate to come fight for the Soul of Nigeria. I love you enough to sacrifice my hard earned funds to “waste” in Nigeria in the name of a National Security Conference which many people don’t even appreciate. I love you enough to TELL YOU THE BITTER TRUTH at the expense of your insults and disrespects. This love is not selfless. I learnt to love you because I live in countries where you are not loved or valued. I have seen Nigeria disrespected at an international level and I decided to lead a radical intellectual movement against The Status Quo.

Fxxxk how you feel my love. Fxxxk it. Nobody is coming to save us. We must device a STRATEGY TO SOLVE OUR OWN PROBLEMS with or without any change in government.

If you ask me about my honest opinion about Nigerian politics - I’ll tell you it’s too corrupt to even get my attention. I’ll rather give attention to GENUINE SOLUTIONS that can help Fatherland. Tell me which political party is void of corruption today? Just mention one. I raised millions for one of the parties, what happened? I rather raise the money to GIVE TO FAMILIES OF KIDNAP VICTIMS than to have any hope in any political party.

My name is Charles Awuzie and I am not here to make you happy with lies but to challenge you with the truth despite our short memories 😊.

Oasisblue:
Saying 'No one would vote for him' is incredibly short-sighted. Many would vote for him, but of course he go also rig, just like everyone of the prominent candidates.

The person with that view have probably never heard about vote buying before. If only he knows the number of Poor Nigerians that will vote Tinubu for 20k even 10k only. The voting population are largely poor and illiterate. A poor man thinks about now only, he wants to survive

Not to talk about the role touts and police will play to cause tension and disenfranchise people, election Na war in Naija ooo

Mandem05:
Who wan revolt? The average Nigerian is not there yet. Why revolt when we can change our government in 2027?

You can't remove Tinubu through our present voting system, it's impossible. You think you are dealing with Jonathan or Obi. Tinubu will kill all of us than to lose 2027 election now join that to Wike another brutal politician advising him.

Votes won't count, a lot of voters will be disenfranchised and massive rigging will happen.

Nigerians adapt too fast that is our greatest problem plus religion that will be giving us false hope that God will punish them for us. Religion has destroyed us, most believe that God will come and save us, that alone makes us accept everything.

Sell fuel 5000 per litre today and you get few weeks rant on social media and everyone moves on. It's unbelievable how people survive.

Just pray that Tinubu doesn't over rate his powers and start thinking of 3rd term.

2027 will be a repeat of 2023, I am only not sure who will be 2nd between Obi and Atiku.

nosa2:
I don't buy this narrative of a central group. We made the mistake of paying billions for the Chibok girls. Once that happened where we are today was inevitable. Once desperately poor and jobless youths realized that kidnapping paid so handsomely and relatively risk free it was only a matter of time before it became wide spread. Once it became widespread, it was inevitable that gangs will become more gruesome to get more money. Same thing happened in Mexico with the drug cartels, they started by killing each other by plain old shooting. Once they realized that shooting didn't capture the imagination groups stated working to outdo each other in gruesome ways to kill their rivals.

There is a reason why you don't negotiate with kidnappers and Nigeria is about to learn it the hard way.

Yet one ignorant boy with millions of followers is calling for kidnappers to name their price whatever it is and be paid via crowd funding. They call him VDM.

The solution to Nigerian problems is a revolution to remove the heartless election riggers and looters

nedekid:
Did they tell you they are doing just fine? Oga you earn 6m yearly you are in poverty, you cannot afford the basic things of life, you just eat, sleep and nack the mrs at home, what quality of life can the person enjoy? After paying rent, feeding, transport cost, school fees, utilities etc money don finish, na to start to borrow money left right and center, abi why do you think they call naija abegistan?
Gosh it is so bad these days. Yesterday my bedroom TV broke so I rushed down to fouani on Allen to get a replacement, they were not opened so I entered cash and carry. Omo the begging level was crazy, after testing the TV while putting it back in box the sales guy started asking me to find him something, I told him straight what kind of rubbish is this, is that how they operate here, if not next time I will rather go elsware, that was not the end, the lady giving the warrantee paper at the entrance started begging, I got to the car, the gate en were all begging, Haba! Real abegistan! The begging I assume is to make additional income because their salaries is certainly not enough. I understand entering buses cost as high as 1k a drop, imagine spending 5k daily on transport to work and feeeing, so if they beg well enough maybe they can use that to sort out transport and feeding cost so they do it aggressively.

It depends on your location, everyone is not living in Lagos, Abuja and PH. In Aba, ogbomosho, Nsukka you should be fine with 6m Pa. By fine I mean you can afford the basic things in life not that you will live in luxury.

Depends on location, family size and lifestyle. But very few can earn 6m pa and they are doing fine

megawealth01:
The stock market isn't a get rich quick syndrome ooooo

When the bears show eh

When the tide goes we will see those that have been swimming naked until then enjoy the ride.

Bear market is actually a huge blessing if you are prepared for it.

Every investor should pray for brutal bear or total market crash even

Hope Aradel won't keep their results beyond tomorrow

This is just content creation

deathwing:
Did you buy the PO in tranches or just once?

Yes Tranches, one before first closing, another during extension

TIP PO Allotment safely landed in my portfolio with almost 200% paper gain .

Trading on TIP will be interesting for the rest of this week and next week, offers go choke

I heard tomorrow and next will be public holidays

Dating for family survival chai TINUBU OOOOOOOO

megawealth01:
‘’Nigeria is dead, lets not deceive ourselves. Let me tell you something. Once you are counting in Naira, you are poor. I was not born poor. My father's salary in the 70s or 80s was about N18, 000. That was money. How much is a billion Naira today in dollars or N1.4 billion in dollars? $1 million. Do you know what a billion Naira was when I was 15 or 16? $2.8 billion.''

‘’They have erased it out of our academic systems. We do not research data to know what our future looks like. So we are not doing the critical thinking so we have no combatant against our subconcious foolishness''

Pst Adefarasin Paul

Nigeria is now like the animal kingdom, natural selection and the survival of the fittest is the rule. Wait until Tinubu wins and start second tenure body go tell everyone.

DAN SUGAR crashing activated by RI, should go below 65 soonest

Cheap content

Women way never see money chop dey pay for sex lol

Sex is not a need for a woman like it is for a man

deathwing:
That's why you should buy Seplat and Aradel so you can chop their money small

No forget TIP sub 20

Your life in Nigeria costs more day by day. You just have to find ways to make more money to survive Tinubu's tenure 💰

Those who have been credited with TIP PO, I hope you got full allotment to your stockbroker? Especially those that asked for 1m units and below.

I am still waiting

Pacesetter123:
And you think it's easy for a family man to save 100k from 280k abi?
Do you know the city they are living?
Do you the cost of house rent there?
Electricity bill,Cable TV subscription,data, airtime,medicals, transportation to work on daily basis,etc.?
The man is even trying to squeeze out 50k, maybe he is saving like 30k from the 50k every month for the rainy.
100k from 280k is not realistic in today's Nigeria economy.

It won't be easy but it's a necessary pain to take for the sake of the future. If his salary is slashed to 180k he will still adjust and survive, he should do that now to escape the rat race. It will be painful but he and his family should gladly take the pain for a while to protect the future.

Slizzords:
Good afternoon everyone, I know that nairaland is filled with a lot of reasonable and experienced people, am a young man and I need guidance please.

So am married with a 8 month old baby, and make about 1M naira monthly for the past 3years now , it's not been easy from a financial aspect because we live in lagos and I discover that as I write this, I don't have up to 3M naira to my name, I don't know how money disappears, please note that am not a lavish spender, I don't party or go clubbing.

Please how do I save more money, because God forbid something happens now I don't have any money to fall back on. No landed property or anything. Please I need help thanks.

Assume you earn 500k monthly and live within that and compulsorily save and invest 500k monthly to secure your future.

My concern is that there is nothing saved and invested monthly for the rainy day which should come first .

He should assume he earns 180k and regularly save and invest 100k to secure the future.

Tinubu is mostly likely going to tax dividends more in his second tenure say 20 or 25%. It is currently 10%

Tinubu will be declared winner via rigging

mank1234:
I'm a newbie I noticed access closed below 25. My order at 25 didn't execute on meritrade. Any explanation?

Did not get to your turn on the queue before offer at that price was exhausted.

Everywhere is red, red sea

222Martins:
My Take on the Anticipated Refinery IPO. If you are not invited to the Private Placement or you are unable to afford it, kindly stay away from the IPO and here are my reasons.

1. The people/companies buying the private placement will get it at a huge discount. They will take out millions and billions of $$$ loans at cheap rates to buy the private placement.

2. The private Placement holders will not buy blindly, they will be shown the books and workings of the business in live tours and in a PP Prospectus; so they will surely be buying at fair value with adequate knowledge of the numbers.

3. After the Private Placement, the IPO will hold at a premium price. This is where the poor and middle class go to submit their hard-earned money.

Just as a certain "OF" is already trumpeting that he will be investing $100M in the refinery, all the big names that matter locally and internationally, both individuals and corporate will queue up for photoshoot during the IPO launch and many will rush in but beware, none of them will be buying the IPO with you as they have already bought the private placement at a cheaper price.

PFAs will rush the IPOs and trumpet it because their Board members will be part of the Private Placement using corporate shields or SPVs and secondly, the pension fund they are administrating is not really their money, so who cares.

4. Immediate after the IPO is closed, the Private Placement shares will be listed on the NGX at the same price the IPO was sold and there will be a scramble; but due to scarcity, the price will be driven high above the Listing Price, yet people will not see it to buy.

5. Those Private Placement Investors that took loans to buy the PP Offer will sell/release their shares at a very high price. They will repay back the loan they took plus interest. They will now be left with FREE Refinery shares that cost them zero Naira/$$$. The investors among them can afford to sit and wait for years since the shares now cost nothing; while the traders among them will book profit and wait for the price fall to re-buy again.

6. After the above has happened, the IPO shares will be listed and the same poor and middle class will start struggling to book profit at the high price they are seeing but alas, it is going to be on full-offer and down the hill it goes from there. Imagine competing with the uninformed public who simply bought because of the hype and bragging rights of "I own Refinery Shares."

7. When the price is thoroughly beaten down, the patient-investors who stayed away from the IPO and those private placement traders who sold their free shares will mop up at bargain price because when it comes to business and investing, history does repeat itself.

As a final note, when the poor and middle class wants to buy a car, they seek advice from public opinions and car sales people. But when the rich wants to buy a car, they consult their rich friends, lawyers, financial advisers and bankers. The same principle applies to stocks. Just as cars are sold by car salesmen, that is how stocks are sold by stockbrokers; so use your tongue to count your teeth.

Disclaimer: The scenario i painted above is just an illustration and figment of my own imagination. Please do not take it as financial advice. You are responsible for how you interpret the fictional story above.

I just like the argument for and against this IPO with everyone presenting their perspective logically using historical facts.

Keep them coming guys it's what makes this platform solid. We need to see every side before concluding on the best strategy to adopt.

For me I will buy some say 30% in IPO and wait for listing to buy 70% if the price crashes as you postulated . I plan to hold for at least 5 years and with that I won't lose long term.

Dangote refinery IPO now moved from June to September 2026