₦airaland Forum

Lol it can't be like 2023 with Tinubu fully in control

emmanuelewumi:
Same thing happened last year until when they released the audited result

I think the last quarter is usually their best

Streetinvestor2:
Does nahco have air lines to benefit from this criminality happening. If na me dey for no see single passenger. I will cancel the journey

If insecurity pushes people from road to air and Christmas demand is strong, then passenger volume and flight frequency will rise. That directly favours NAHCO because more flights mean more handling fees and more passengers mean more passenger service revenue. This is believing that price hike is due to demand.

What are we going to get in return for paying tax, nobody wants to address this critical aspect or are we paying for politicians to loot as usual

Imagine Inter state flight ticket up to 500k now hmmm

Let me not complain like a common man but rather think like a smart investor by looking in the direction of NAHCO as the Q4 profit will be explosive.

All because the government has failed to secure the roads.

NAHCO will pay me more

people should choose a path to wealth creation and stick with it for 30 years and they will be wealthy. paths like real estate, financial markets, gold, businesses etc

Nackzy:
These guys make a lot of money from this things they organise, people will travel from all parts of the country for miracle and husband

Exactly the only reason for the programme and Govt exempted them from taxes next year. Churches should pay taxes, it's a lucrative business and African have millions of stupid population. Millions will join online and do transfer for offering.

Hmmm is alright, just wandering how this can be of help to Nigeria and Nigerians. Just to enrich the GO

HitTheFloor:
I have 400 million in loose change and I want to lock it in a high yield savings account with Fairmoney. I will get around 82 million naira annually and I plan to repeat this for the next five years.

Has anyone here done business with fairmoney? Especially with a substantial amount.

I'm not business savvy so I don't want to start a brick and mortar establishment. I also don't want any Forex or crypto. I just want to build wealth with low risk.

Hmmm except you are worth 2billion and this is at most 20% of your networth. It's not safe for a non sec regulated platform. Very very high risky.

Think of the security of your principal not just the juicy interest.

Don't take a risk you may not recover from.

If 400m is only 20% of your liquid networth then I can understand.

Natasha said you are an illiterate and you should go back to school and invest on self improvement, I think she is right.

You married a politician that smokes weed with drugs and you want to control her when you are almost broke. dey play

My phone is my tv

Refrigerator n fan

GeneralDae:
Food is the most important in the case of Nigeria. If food becomes more affordable for the poor, then we are on our way out of the crises.

You are right

I felt sad last year when Nigerians were struggling to afford ordinary things like garri, fufu, potatoes, akara, beans, yam, rice, palm oil etc but today they can afford food easily. Potato or garri or fufu of 1k today can give a meal to a family of 6.

Same as egg, akara and cars, all imported items.

Basic food items have crashed by over 70%.

It gives me joy that people can at least feed well garri, rice, bean, potatoes, yam, fufu

awesomeJ:
Apart from data and labour, almost everything else I pay for is cheaper yoy.

Food is 50% cheaper in some cases.

Cost of cars have not reduced at all and most imported items.

Yes food prices have crashed by over 70% in some cases and still coming down. Food is nothing now everyone can afford the basic ones

Inflation getting better, cost of things need to nosedive too

Inflation getting better, cost of things need to nosedive too

Bunch of average players, may not even draw any game in world cup if they qualified

Nwabali almost did give away

Always casual with ball even when strikers are closing in on him

Hmmm

Investors do not like too many uncertainties

CPC designation
Trump's invasion threat

And now CGT all happening same time

This is the result, massive panic selling

https://businessday.ng/news/article/nigeria-likely-to-review-capital-gain-tax-edun-says/

Government may review CGT

HesInMe:
How will you know when the "free fall" ends?

when panic selling dries up, look at bid and offer status to confirm. The daily losses slow, volume drops, and you start seeing small green days after long red ones. It means sellers are exhausted. Buy in stages sha because the new support can still be broken and it goes further down. you dont want to catch a falling knife by going fully into a stock on full offer immediately

NAHCO on free fall

Aradel will surely drop to sub 550

The bear is just beginning, looking brutal already

Cash is king, make sure you have some waiting to buy as the free fall ends

emmanuelewumi:
How diversified is your portfolio?

What types of stocks do you have in your portfolio.

How can your portfolio be down by 30% is the ASI down by 10%?

I

He probably bought most stocks in it not long ago when over valued

tagonn077:
You buy a stock for a quick scalp then it dumps 50%… cos you can’t sell for a loss, you’re become a long-term investor attending AGMs and asking management about their corporate vision.

It's better for a long term Investor to do short term in a stock than a JIJOist to be trapped and converted to long term Investor

Chai

NAHCO almost on full offer

kintus:
Okay.....the THEME of my message is a bit different from the response, but your feedback is still helpful.
Your recommendation - OF BUYING THE RED - should be the loudest - instead of the mockery and the taunting.

Remember what the Gospel says about people with such character. Ref: Proverbs 24:17-18, Romans 12:15.

Thank you, Boss.

Sorry if my response was harsh in anyway. Don't worry yourself bro, once you know you have a solid dividend paying stock, the market will become more rational by February. No need going to the market to view red, which will mess up your emotions, allow it to bottom out and then buy more if you have cash or wait for the next season.

We are all learning. One new strategy I will start implementing is reducing my exposure in stocks I have poor margin of safety in seasons like this.

kintus:
Why are some people happy when the market bleeds?

Do you take delight in seeing your fellow brother lose money? Why celebrate another man’s downfall?

How does it even give you joy to come here and keep chanting “red, red, red”?

If this were a village setting, such an attitude would easily be likened to witchcraft.

We need to be more considerate of others — their emotions and mental health — before throwing our unsolicited jabs.

Better days are ahead. 🌱

You need some stock market education. Except for some one in a dead stock, when a sound stock like Aradel, Zenith etc is bleeding it means the market is begging investors to come and make money because it is very temporary and won't last long, latest by February the bull is back.

So if you have a sound stock that is bleeding you should be happy to be able to buy more at a cheaper rate.

The people unhappy are inexperienced in the market and have no cash to buy more.

November- December is known as discount season and every stock bleeds as some people prepare for Christmas celebrations. The market has seasons and cycles.

Agbalowomeri:
Una go average down tire

Please check on Loco
JAPAUL life matters

My break even price is 534 for Aradel, I have reasonable safety. I am waiting for it below 650 to average up, if the heavy buyer coming in around 700 will allow it to drop to 650.

Discount season is here

Whatever you do don't miss the Aradel bus, saw it around 694 earlier today but smart investors hit it up again to above 720.

It's possible to accumulate more below 650 before the end of the discount season and it goes above 1000 by February

There is a heavy buyer of Aradel that comes in once it's around 700 to accumulate, he is the one keeping it above 700. Once he comes bid -offer ratio favours sellers.

Mpeace:
They will resolve their issues. The problem for America is not the genocide.
The problem is that 15% tax on imported fuel. It's going to totally eliminate importation if dirty fuel from Europe and America. Genocide didn't start today.

They will reach another deal that will calm trump. If not, trump will try to scatter things for our president in the next election, using genocide as an excuse.

Well American is all about their interest, they really don't care about Christians in Nigeria

This better not be true ooo because it won't end well with our economy. Foreign investors may pull out compounding our problems.

Uncertainty is not good for our economy. CGT and now this

Hmmm