₦airaland Forum

Listing by introduction should be stopped on ngx. It leaves the market vunerable to manipulation and investors paying the price. There must be strict free float, liquidity and disclosure enforcement.

Price appreciation driven by scarcity Na 419

I am hearing that Zichis is on suspension for manipulation

PuristForest:
Ellahlakes is still a growing concern, it will shock people

Think about opportunity cost always as an investor. There is no point insisting that you can only make it with one company when there are many better options. Always know when to move to other opportunities.

NSEstudent:
People that will come and do listing by introduction and start from full bid for days.

.

Share price driven by scarcity alone is extreme market manipulation and SEC needs to address or stop listing by introduction.

This is what happens when you want to run before you can walk well. You are bound to fall with injuries.

Naya261:
I am married with Children, my wife is a registered nurse with about 8yrs working experience.

Please which one would you strongly advice Between Sponsoring my wife's Nursing career to the UK or Enroll for Msc in Construction Project Management in the UK?

My aim for the Msc is as a means to jakpa and reside in the UK to continue working not that I really needed the Msc.

Please i need your candid advice. Thanks.

You just want to end your marriage by empowering her to be far ahead of you more so in a foreign country that gives her power over you. Why not learn from the experience of others.

Some people only learn from personal experience. UK and better earning power will change her no matter how good she is now.

Whats going on in Presco it has refused to calm down, the stock is flying.

I am glad I bought more at 1400, and I was thinking then I bought at premium, look at it now. Reading oga Emmaewuni saying he is taking loan to buy at 1420 RI helped me take that decision.

Institutional investors and HNI are obviously buying Presco now, I heard the law was amended to allow more investment of pension money in stocks

Harddiskng:
The entire market is up by 22.27% YTD

However my portfolio is doing about 20% YTD

Question: why am i trailing behind the entire market and any out-of-box suggestion(s) how i can be ahead of the market return-wise?

When you over diversify you water down your returns. Nobody actually needs more than 5 quality growth stocks in their portfolio 1 from one sector.

It's funny to see investors kill their returns with crazy over diversification as they want to be in every stock.

The bull is crazy, the bear will be brutal after this season

TheDepressed:
Had to use a new account to tell it all.
Please find it interestingly to read and advice.

I was married in Feb 2023, I have two kids (a 5yr old daughter and a 2yr old son).
I own 2 houses ( one I built from scratch and another I inherited).
Long story short my finances are a battle after another, that's the best term I can describe it with.
So in Feb 2025, I had an argument with my wife and I angrily gave her a smack, she in turn angrily went to the living area and smashed in pieces our wedding photo exclaiming the marriage was over, that I should take her back to her father's, which I did angrily.

before we got to the juncture, my wife would randomly request to go to her mother's for a few days, sometimes week and one time almost a month. Things started to get worrying for me when she onetime while at her mother's told me, she was searching for a school for my daughter at her mother's. I was shocked as we have never had this discussion, she started to complain about the distance of our home from town where she can do businesses, this also came as a shock but I felt I was loosing my wife presence in my home, so I sat her down and asked to talk about everything happening and the way out? She mentioned we should go rent a house in town. Again I was shocked but after much enquiry and advices consign the rental matter, I obliged and we rented a 2bedroom apartment in town that is a 15mins drive to her mother's compared to our previous home a4bedRM that would take 1hr30mins to her mom's ( it's important to note that, through out her random stay at her mom's, her mother never one day called me to ask if I and my wife had issues at home that made her stay this long at her place, she never asked infact neither I nor she call the other on phone just for checkups)

So back to the home fight....that same night I moved her to her father's ( because her parents are separated, my wife's mom had 6girls for my father in law, the man did one away match and boom, the match birthed a boy, so MIL moved out of the marriage and hugged the streets) , that same night she moved to her mother's.
After a day or two, the loneliness hit me again, I felt I had done something really big and wrong, so I immediately went into apology mode. I begged my father in law, he said I had no problem I should go take my wife home, that it's one of those things in marriage if not controlled maturely. So I went to her mother's and the reception was hostile, I left, I tried several phone calls, they would ring out or she would end the call angrily once hearing my voice, I went back to the house, one tim she took her handbag and left the home immediately I arrived, another time she threw insults at me openly. I really tried to beg this woman to please let my wife come home.

I turned to my wife, she said "I should bring persons with me to come beg her mother", I found this a little too much to ask, would I call my kinsmen to come beg a woman? I didn't even pay my bride price to her, so months past and it became 10months my wife has being outside my home and 10months I didn't see my kids only video calls.

Well on the 10th month being Nov/Dec last year, I received a call from my wife, I could hear her crying and I was sure I hear the word children but my background was noisy. So I excused myself to a quiet corner and called back and that's when she told me her mother just passed away, I mean died and I should come take the kids.

I was busy at work so I sent someone to pick my kids up and take to my mother's.
So I called a meeting to speak about how I'm not seeing my kids enough ( mind you my wife suddenly distant from me, she don't even pick my video calls to see my kids, she insults my family and myself, she' just became strange unknown and weird). So after all agreements were mad consign the kids and their welfare, the meeting was pushed further to attempt settlement. For me I tot my wife has being outside too long and I won't lie, I miss my wife and having a full noisy home by the kids but this woman 10months after is not remorseful or missing her husband.
So she was asked firstly and she said I should go take my bride price back and I was asked and I said I will take the bride price back but as I write, I'm yet to do xo.

My reason for this write up is because a few days ago, my father in law called me and said the mother in law date has being fixed for this month. He called very late at night and I said I'll think and call him in the morning.
The next morning I called and said we'll your daughter doesn't want her marriage anymore, I don't see why I should be at the funeral plus I don't want a case where she would be there with her new man, if any. I don't want embarrassmeny or weird feelings but if I have anything to support I would send before the time.

So family Nairalander, would you support this kind of woman ( both the daughter and mother) with your finances?
Or would you go as far as attending?

Ps: my suppose wife did not call me to inform me of the funeral date but her father did. I'm sure she must have told her father she doesn't care if I am aware or not. She suddenly hates me out of the blue and today' makes it a year she's being outside and our marriage together lasted 2yrs.

Everyday I'm depressed, indoor for days, sometimes cry and sometimes can't sleep out of wild thoughts.
She has an elder sister, that till date has never called me even if to insult me for hitting her sister in the face.
I can't believe I have lost my marriage over a slap.

Better move on and stop crying over Spill milk. Don't attend the funeral, consider your marriage over and start looking for replacement.

If you bring her back or allow her back she will finish you up she is already a wounded lioness. Wise up and man up, shit happens.

With surrogacy becoming popular, marriage will soon become outdated, have your kids and live your life to the fullest.

Mankind2024:
The Illusion of "Your Network Is Your Net Worth"
In Nigeria and many other societies, young people have been heavily influenced—if not outright indoctrinated—by religious organizations, social media influencers, and motivational speakers who relentlessly promote the slogan: "Your network is your net worth." This catchy phrase implies that one's financial success hinges primarily on the people they know. I respectfully disagree. Far too often, these networks are structured in ways that systematically erode both intrinsic (personal fulfillment) and extrinsic (financial) net worth through subtle forms of social taxation and exploitation.

In a previous article published on Nairaland,

https://www.nairaland.com/8614359/illusion-social-harmony-abuja

"The Illusion of Social Harmony in Abuja," I examined how the pursuit of belonging in elite social circles frequently undermines true financial independence. The same dynamic appears across many networking systems: the primary bond is not mutual benefit or shared opportunity, but rather an unfulfilled craving for belonging and a deep-seated fear of isolation.

Consider the classic example of golf clubs and country clubs, which frequently target middle-class professionals with membership fees designed to generate steady cash flow for the club's operations. Members derive a temporary sense of fulfillment and status simply from affiliation—believing they are rubbing shoulders with high-net-worth individuals. In reality, this "access" rarely translates into meaningful economic advancement. Instead, members often channel significant portions of their income into club dues, high-end dining, events, and socializing. Over time, many deplete their savings, accumulate credit card debt at exorbitant interest rates, and find themselves financially worse off—all in service of an illusion of proximity to wealth.

A parallel pattern exists in many religious organizations. Members are organized into cells, which aggregate into house fellowships, satellite churches, parishes, zones, and regions. This hierarchical structure fosters a powerful sense of community and purpose. Yet it often comes at a steep cost: regular tithes, offerings, special levies, and donations that divert disposable income away from personal wealth-building. Participants sustain the network's growth and infrastructure, frequently at the expense of their own financial stability, all in the name of spiritual belonging and communal identity.

In the digital age, technology has amplified this illusion through virtual communities—faceless forums, social media groups, and influencer ecosystems—where ordinary individuals appear to achieve extraordinary feats. While wisdom, strategic content distribution, and thoughtful engagement can indeed transform modest portfolios into substantial wealth (sometimes reaching eight or even nine figures), such outcomes are exceptions driven by discipline, due diligence, and value creation—not mere participation in a network.

True net worth is not a byproduct of affiliation or proximity to others' success. It emerges from patient, consistent wealth-building grounded in knowledge, understanding of capital markets, and disciplined investment. Generational wealth transfers—such as those occurring from baby boomers to younger generations—reward those who prioritize financial literacy, compounding returns, and independent decision-making over the seductive pull of social validation.

In conclusion, while strategic, value-aligned relationships can certainly accelerate progress, the uncritical embrace of "Your network is your net worth" often leads to exploitation rather than empowerment. Young Nigerians—and indeed anyone navigating modern social and professional landscapes—must approach networks with discernment. Prioritize self-mastery, financial education, and deliberate wealth accumulation over the fleeting comfort of belonging to the "right" crowd. Only then can one build genuine, lasting net worth rather than perpetuate its illusion.

When one is still trying to build his capital base and get wealthy (make first 500m capital base), social life should not be a priority because it promotes wrong values like instant gratification, lifestyle inflation, short term thinking, spending to show off.

The funny thing is that you may be spending your capital to belong with men spending their ROI. A man should be comfortable being alone at the get wealthy phase of life to increase saving and investment rate. You don't need any unnecessary expense. Most of the rich gathering is about spending to show you belong. If they drink wine of 2m naira in their gathering that becomes your standard. Their value comes from cost . You are better off alone except you are chasing contract from them.

letskeeptalking:
I guess my real question is: knowing what you know now, would you make the same choice again?

I’m currently on the verge of divorce after 15 years of marriage and three kids.. Even though this is my decision, I feel like I have no real choice. My husband (if I can even call him that) says he doesn’t want to lose his family, but he does absolutely nothing to show it.

A lot has happened over the years, and it’s reached a point where I genuinely believe there is no future for us as a couple.

So I feel like I have two options: divorce him and move forward as a single mother… or stay, knowing I could never love him again.

I worry about my kids and how growing up with parents in a loveless marriage might shape their future relationships and choices. But then I also wonder, would they be better off growing up with a single mother?

I’m not concerned about stigma or even about finding another partner someday. Honestly, the way I feel right now, I’m ready to remain celibate for life.

If you’ve gone through this, can you please share your experience?
Do you regret your choice?
Looking back, would you make the same decision again?

You have not mentioned any concrete or good reason why you want to leave. Marriage is not all about feeling, you need substantive and evidence based reason to leave

Sunrisepebble:
I should be asking you. You’re the one that said we should keep cash for it

The reason is simply about the growth potential and promised dollar dividend, did you see the attached news headlines?

E

Sunrisepebble:
Have you seen the profit margin of a refinery business before ?

What about it? Throw more light

How are you positioning for Dangote refinery IPO?

It will be massive, keep some cash or better still offload some stocks now that they are at all time high n keep the cash for it.

Warning - This is an opinion not a financial advice

One line of my biggest stock market investor, Warren Buffett is important at this period -

Be cautious when optimism is wild and be greedy when everyone is fearful.

The bull is crazy Aradel is almost touching 1k ,

Everything is flying even dead stocks, crazy

emmanuelewumi:
Please carry out your due diligence

Yes I am doing it already,

If rumour of bonus share becomes true then everyone should hold tight on their NAHCO, it's worth it plus expected dividend.

Imagine 1 for 10 bonus shares plus dividend

emmanuelewumi:
What will you say about Sahcol.

Current PE is 16.3, if they pay 90% of earnings as dividends the dividend yield will be 5.5%, if they can continue to their earnings and dividends by 30% for the next 5 years that will be about 20% dividend yield based on the current stock price

Dividend yield plus earning growth divided by current PE

5.5+30

It's alright, I am keeping NAHCO as long as they are creating good value.

Agbalowomeri:
Let the optimism push it higher.

I pray so but a wise Investor should be doing valuation now to spot over valuation and sell because all these prices will come down within their proper values soon.

The biggest problem of every Investor is to be carried away thinking that trees can grow to sky. It's a zig zag movement.

emmanuelewumi:
Nahco making us proud

Is it not presently over valued presently at 150 based on the known figures

NAHCO and Aradel fire up mercilessly

Zenith Bank you just dey F - up you should be above 85 by now haba, anyway Na dividend announcement dey move bank well

Odenscollection:
it's a lie. Nothing kerosene can do to snakes, are they flies?

I am talking from experience not guess work

Love800:
Forget all those stuffs.

Some snakes have adapted and can resist the kerosene.

The lemon grass that they say snakes are afraid of, now snakes even hide inside the grass and move effortlessly around it.

Not kerosene, they can't stand the smell

Chai


Well may be an illness health like stroke that makes one bedridden.

Always remember that good health and sound mind is another under rated wealth. Money means less without them.

Kerosene kerosene kerosene

Snake can't stand strong smell of kerosene, prinkle at every corner of your rooms at least once every month including sinks, toilet n bathroom.

Thank me later

deathwing:
TIP on full bid. Up 10% to land at 16.40. Omo. I hope the CEO stays true to his word and accepts all oversubscription.

Over subscription seems unlikely because no institutional involvement mainly retail investors and HNIs.

TIP instantly on full bid who no like better thing

aj8:
Common Sense Target for TIP = revised to approximately 16.00 considering OS of 2.0 bill
Common Sense Target for Veritaskap = 3.72- 4.65


Please do your research/ due diligence.


@unite4real

I looked at TIP again factoring in the share dilution (public offer) and this is believing they won't go above the shares proposed for public offer and the diluted EPS should be below 1.8.

The business still looking great at SP 15 because of the 250% profit surge in 2025 if sustainable.

Still undervalued, TIP should go on full bid tomorrow, should sell between 18 and 25 present fair value

faoogoke:
Why is an Eps of N0.93 bad result considering the increase in OS?

The numbers are slight up. I mean profit after tax, income etc.

And sure they will pay dividend notwithstanding the result.

Not bad but poor (flat in short term)

Earnings and growth quality - Gross earnings came in at 87.4bn versus 87.8bn in 2024 showing flat top line growth.

The good thing is that they have great cash reserve at 79Billion which they can deploy on undervalued assets to give premium return in future. Cash reserve is raw fire power.

Current performance fully priced in at 12

Poor result from VFD group

unite4real:
I also hope so as I applied for as much as I could.
I also sold off all my holdings in Cadbury for N67.95 and deployed all funds into TIP at N14.70 in case I do not get all my allotments on the public offer. I am only guaranteed the rights issue of N7 per share. Although I didn't apply for additional rights because it will only be stupid for people to not take up such rights. I can't go and tie my money down.

Great moves, it will pay off. It may even go full bid on Monday. I will wait for them to allot RI and PO and see how it will affect price as profit takers take profit before I buy more (other things being equal, so far it's a fantastic business).