₦airaland Forum

Sowore is irrelevant, he won't win his polling unit against Obi. He is just a distraction

deathwing:
MTN trading at 704

It's going down after 9th April, qualification day, though short term, if you are in for long-term just buy more. I will buy more only below 600, preferably 500 to 550

Waiting for MTN around 500 to 550, went down today to 703. After qualification date it will come down on 9th April . May will bring down most stocks to reasonable prices

ojeysky:
is this in cash/liquidity or net worth? because they are different things

Liquid capital or liquid networth. Anything you own that produces cash flow n appreciates & won't take more than 24 hrs to sell when the need arises.

The figures quoted could be cash flow

What is your target capital base and how long are you giving yourself to hit it.

Whatever it is it should still grow by at least 20% yearly and never static due to inflation and devaluation.

In October 2025 I decided to keep only one banking stock, I sold off Access, UBA, Fidelity, GTCO and put everything in Zenith with a break even price of 61. Just look at Zenith now .

I am keeping Zenith forever, my children will inherit it in my will. It's my dividend machine.

Crazy price correction taking place, is like the dividend of Presco no make sense

He stands no chance in a primary against an Atiku

As long as the billionaire is there it's a compliment and an enviable position

CharlesNavy:
good day NL. I am the type that takes energy drink (Fearless energy drink to be precise) everyday. I normally take one bottle of it in a day. To the medical expert, can this drink have a negative effect on me? Considering the fact that i only take a bottle per day. Thanks

You will soon be on tv begging for money for kidney transplant in India. Stop completely before it's too late.

Poverty is brutal and merciless, please don't have mercy on it be triple brutal and merciless on it

megawealth01:

It's not funny ooo let it stop abeg we need to buy more around 900

deathwing:
Help me beg it to calm down o. I have not just acquired to my fill. Hopefully it will correct soon.

Exactly I have mixed feelings about this sudden jump because I wanted it to stop at 1100 and pull back and settle around 850/900 let me load more

mikeapollo:
Better jump inside the bus or hang unto the door and join the move.....anyhow na how

Well positioned on the bus at the front row with a break even price of 610. I have now done over 100% profit. I want to buy more but will wait for a pull back.

I will keep buying Aradel until it hits 5000 in the next 3 years

Is the war in Iran pushing Aradel to the roof or what is going on?

How much is ucap paying per share as dividend?

jonnysessy:
Yes o. You are very correct. It doesn't make any sense in buying all stocks. There are about 155 stocks on NGX today. I presently own about 30 companies. This really doesn't make sense. I have planning to trim it down to 10 stocks which have rewarded me in dividends and capital appreciation. I am really working on it. If one is heavily loaded in a stock, once they pay dividend you are very happy. Hence, i am concentrating my energy to massively invest in just 10 stocks.

My oga Buffett said that over diversification is protection against ignorance.

For me no one needs more than 5 solid quality growth stocks especially when your capital is below 100m

This is what is called dividend, you will only get reasonable dividend when you concentrate in the right stocks esp with good capital. Quality growth stocks

M.umu man

For Zenith and GTCO there will be delay, looking at 31st March

Some Corporate action

Ngx rewarded shareholders with bonus

customstreet:
Market Rumours

1. Dangote merger is said to be brewing now
2. NAHCO to pay 700k plus a bonus of either 1/7 or 1/5
3. Wema Bank to Acquire Polaris Bank

Due Dilligence and cautionary trading requires

Hold your NAHCO tight until corporate action is seen alot is cooking I heard , if what you said becomes true it will touch 200, I expect 1 for 10 bonus sha

unite4real:
The dividend is not economically free money. It is value neutral. It is a transfer of value from the company's balance sheet to shareholders. After the marked down, investors net position stays the same. Infact with the 10% withholding from the dividend, investors are worse off unless the share price rebounds quickly from the marked down price. Little wonder why even when the dividend looks high, investors still offload their holdings on qualification date.

Nestle did not declare dividend, yet share price did not enter full offer. Bids were still growing after that.
If MTN and WAPCO shareholders decides to transfer wealth due to low dividend, it's on them.

For me, any company that declares a very high dividend, I will wait for the divided hunters to drive the price sharply then I exit before qualification. Wait for ellers to push it back,.then re-enter with same fund to increase my holdings.

It is not everyone that is trapped in this dividend love party.

I am waiting for the angry ones to bring Wapco and MTN to my buy zone.

The strategy for becoming wealthy (capital growth) is different from the strategy for remaining wealthy (capital preservation).

For someone trying to become wealthy capital growth is more important than dividends though one can still get both in some high quality growth stocks.

Lafarge to pay ₦6.00, over valuation everywhere, price correction season loading

MTN should go full offer today

Sp of 760 should not be paying small dividend of 20 naira ( ₦5 + ₦15) without bonus. Dividend yield 2.6%, excess overvaluation and hype. Stock price correction to around 400 loading

chudez0147:
Hello nairalanders. My neighbor’s 1 year and 6 months son has refused to walk. But he can stand while holding a wall.

Do you think he will walk order wise what should they do ?
Matured response only. Thank you!

Which neighbour? Na your child joor any way see a doctor and be sure that all is well. Get him a walker and start teaching him daily

We are almost getting done with the peak periods/ season and prices are dropping gradual to find their fair valuation not present hype values.

Remember to sell some shares now at top to key into Dangote refinery later in June Abi July

Once their corporate action is released without bonus and solid dividend the stock price will go to 120 to 130 range.

If there is solid dividend and bonus it may touch 200

Mrexcell:
Everybody can't just be mad at the same time there won't be nothing left of nigeria if that happens.

To collect your thing from a mad man you must act mad or even more mad, it's that simple.

Everyone should not act mad in Nigeria but any one that wants to take power from APC should be more deadly than them otherwise the person should stop wasting time.

Peter obi should quit politics in Nigeria if he cant play it like his opponents in APC. Politics in Nigeria is not for gentle men, its for men willing to take power at all costs like Wike and Tinubu. This is why Tinubu can never fire his most important brutal asset Wike ahead of 2027 no matter what he does.

Obi will never become President acting gentle, even if he wins they will rig him out.

Sirchiboy:
50 years without an asset? What is your advice?

At 50 you still don't know the meaning of asset. You mean you don't have
1. Good health and sound mind
2. No functional knowledge
3. No marketable skills or services
4. No strategic relationships (family, friends, associates, marriage, children, in laws)
5. Zero networth like no financial capital
6. No income producing asset - stock, land, house, business, investment

Do you mean you will score zero over six here.

Anyway 50 is not too late so you don't say the same at 60, 65 or 70. Once you are 70 it's over you will become senior citizen.

You have 20 solid years to turn things around before you enter retirement.