₦airaland Forum

ositadima1:
Here are some stocks that have shown strength the most this April using a slightly modified version of Mark Minervini's Trend Template:

Stock Name, Current Value, Scale from 1 to 8

'AIRTELAFRI', 930.0, 7.3
'ETERNA', 5.8, 6.8
'GUINNESS', 31.85, 7.1
'SEPLAT', 550.0, 7.6
'UACN', 10.0, 6.8

They are most likely to pull back for a while and continue in there forward trajectory.

Here are some stocks that have shown strength the most this April using a slightly modified version of Mark Minervini's Trend Template:

Stock Name, Current Value, Scale from 1 to 8

'AIRTELAFRI', 930.0, 7.3
'ETERNA', 5.8, 6.8
'GUINNESS', 31.85, 7.1
'SEPLAT', 550.0, 7.6
'UACN', 10.0, 6.8

ahiboilandgas:
rent alone go chop 1000 usd for place with plenty jobs .u won't pay for electricty etc and other abi try and get a monthly expense of a person living in New York u will not pay health insurance and u want to be living in project where one Nigga go blast your head

In New York, wages are higher. In fact, some people work in large cities and leave very far thanks to good transportation systems. Most Americans spend lots of money on frivolities, if u know what u want and maintain ur lane u can save a lot. I am talking from experience.

U don't need to agree with me though, good night.

ahiboilandgas:
subtract income tax ,and rent etc then see if you can save 500 dollar per month then divide by 200,000 dollar to see many year it will take

I don't want to argue toomuch.

Entry level engineering graduate salary = 70k usd
Maximum taxation = 37%
As a Naija man that has a vision I can spend only on food + rent + internet= 1k per month

After tax and expenses = 70k * (1 - 0.37) - (1000 *12) = 32k

Required years= 200k/32k =6 years.

Now, I made a lot of assumptions.
1. Tax is not computed directly like that, they split ur earning into portions and apply various percentages. Meaning it is always less than 37%

2. I assumed a constant salary over the 6 years.

3. I assumed that I dont invest my savings over the years.

So, in less than 6 years I should have my 200k usd.

If u earn less u are even taxed less money. With a spouse, it even takes less time to achieve.

NL1960:
Common 200million Zimbabwean dollars, you dey talk. What if i tell you that iam the one that inherited the wealth of King Solomon?.

O my God, I just checked, 1 ZWD is equivalent to 1 NGN. I got that stash when ZWDs where not worth the paper they were printed on, during the massive inflation period.

Nah him be say I don hammer.

ahiboilandgas:
i don't want to talk much but 200k USD is a lot of money everwhere and any where to have as saving .majority of Americans cannot afford a 1000 usd emergency without credits..only 10000 usd for airport u go explain tire

People who do professional jobs can easily afford that with a good savings culture. In short, with a university degree u earn 45k usd minimum per year entry level. U can google it ur self.

Myhelper1:
But your explanation has also made us to know your earnings. This is to tell you that nobody says whatever they have intentionally, it has been said through conversation like you started above. Some people will find your comment informative while some will find it offensive for mentioning your wages.

Like minded people exchange information without reason to hold anything back while negative minds says don't tell anyone ooo or they say you're bluffing....

The more reason I deactivate my previous my moniker.

I said I earn peanuts in comparison to 80k dollars. Lol, the likelyhood that you will guess my earnings between 0 and 80k dollars is quite slim.

If u are abroad 100 mill is not such a large sum. 100 mil is about 200k dollars. My current profession that I have been at for quite a while in Nija pays 80k usd a year for entry level in the USA. If I was in the USA I did save up 200k usd in less than 3 years. But, we can't all leave the country, should we?

In Nigeria I earn peanuts in comparison for the exact same job, it doesn't make the other guy in the diaspora smarter. We are just victims of circumstances.

I honestly dont give a furk abour howmany millions u have (audio or real) or any other person. I judge people by d quality of their contributions.

ahiboilandgas:
See idoit that want to dey enter convo madam shopely that has over 100m in Local investment and 300,000 euro house... by Lazyyouth4u: 12:03pm On Aug 20, 2020
undecided it used to be a place to escape my worries as a lazy Nigerian youth but man, this place is even more stressful than real life sef. It’s a place for kolomental people. You can’t beat them, join them grin grin. Have you voted your fave? Please spare some votes for Lucy and Praise wink. Thanks dear .idoit was using BBN to escape worries...pikin

And so, do u know howmany millions Lazyyouth has in Local investments?

Me, I get 200 million Zimbabwean dollars , do u see me alluding to my net worth every now and then? What does ur networth have to do with ur contributions in an open and faceless forum. Or u think say wealth equates to beign smart? There are some dumb billionaires if u don't know.

Donbrig:
Wahala be like bicycle. Too many problems in Nigeria. You have made valid points. Our youths are systematically part of our problems in Nigeria, they want to take over, but don't have any agenda or road map to achieve that.

It is heart-wrenching that Nigerians are even considering crooks like Tinubu, Atiku and the rest to be our next president, same people who landed us in this misery we found ourselves today.

I will prefer Osinbajo to many of these political warlords like Tinubu, though Osinbajo had been turned into a vegetable and rendered useless.

Nigerians who have what it takes to bring us out of this agony don't have the resources or finance or connections to become president.

Come to think of it, don't you think we have the kind of leaders we truly deserve as a nation?

Where and how do you expect us to find honest leaders with integrity and vision in a dishonest country with thieves and manipulators everywhere?

It won't be easy to get things better in Nigeria anytime soon, because our next president might likely be one of those criminals who helped in destroying our system in the first place, because they have all it takes to win every election however they want it.

After the youths started destroying their collective properties and looting one another during the End SARS standdown/protest, that was when I knew the Nigerian youth needed Jesus.

Even after SARS was desolved, they kept going. When asked you did here how they were fighting for all the injustices in Nigeria. Wasn't very clever though, every riot has it's own agenda, that one was end SARS. If you wanted to fight for some other reasons like corruption in high places the reasonable thing to do was to stop and resume a fresh set of protest with a clear agenda and not mix things.

Now, they have blown their credibility, it will be some time before they are taken seriously again.

.

RIP.

The systematic trader to resume soon.

I have been labouring very hard d last 30 days in d middle of d sea. Hmmm, plenty posts to catch up on. Looks like bears are winning.

NL1960:
Per month or per annum?.

Anyway, the post was made with respect of the guy not yet in the high earning bracket.

Some Safety guys under total collect 50k per day offshore, their are others that collect more. contract staffs.

WetSmoke:
Please who is watching CYPHER? Should I bother starting?

I have finished that one, it was very good. I will be looking forward to seeing the next season.

Myhelper1:
Have you received it? Because, i haven't received my ucap dividend too.

UCAP paid me yesterday by 4pm.

freeminded:
I still haven't gotten my zenith bank alert yet. I dey wait patiently make ogun no kill zenith bank o

I never see alert too.

arduino:
I accessed GTB's quick loan facility and put everything in Zenith Bank @ around N11.00 months back. Capital gains+healthy dividend.
Chia..... Everything na double double oooohhh

Lucky you, early last year when zenith was at 11, I was still a learner. If Zenith should try it now, he go see something from me.

So my plan makes sense, chai. Make Zenith come my junction, abeg.

arduino:
@Mercy, if you by any chanc

I am planning on doing something that may end in premium tears.

Ok, I have a bulk of my funds tied down in the 7yr Sukuk bond, paying out 11.2% annually. My plan is to secure a loan from my bank worth 80% of d bond value and invest it in zenith stocks at an entry of 14, if it should ever get that low.(that should give 20% annually)

By amortizing, I pay d bank back 20% annually plus 11.2%(returns from sukuk) to cover bank interests. Hopefully, if Zenith continues to pay dividend consistently for next 5 years.

Note that my bank is also Zenith. Now, that is hacking.

Elsueno:
I don't know what, but thier is something spiritually wrong with the NSE. Trust me & I ain't even a spiritual person.

If u are bleeding, you better exit now. -10% is better than -40%, it will still go down o. Me I am wating for zenith to get to 15 or 16 so I can buy more, hopefully.

Kennyking1234:
The lady isn't smart

I don't think he's a lady. Someone with his level of insight is definitely a guy.

To the ladies in the house, I am not saying ladies are any less so. Just that society and Nigerian society in particular, has set a role for the female gender and the females are playing it very well. We like our women intellectually lacking and aesthetically pleasing. Big butts, firm boobs and fine face.

maishai:
So also Africa, If u go round streets this days, most shops are installing one form of solar or the other, No viable small scale electric shops use Nepa or "I pass my neigbour Generator" again............

The death of internal combustion Cars in Europe and America spells doom for such devices in Africa....... I once heard Students of a nearby polytechnic discussing the advantage of that #1000 solar charger to "I pass my neugbour" Generator....


Secondly, the people solving this fundamental problems are not Africans, I dont see Africans today using the morse code, telephone or even Fax, Africa moved with the world to the use of internet communications, one would have expected Africa to be using this outdated technologies

Trust me, I have done some research on utilizing solar panels to charge PEVs (Plug-in electric vehicles) and it is not viable on a commercial scale. Except there is a drastic improvement in the efficiency of solar panels.

Let me do a little math here:

2020 Tesla Model 3 Long Range only requires 26 kWh of energy per 100 miles.

A standard solar panel generates 300W per hour.

You need 26000 / 300 = 86 pannels to fully charge one vehicle in 1 hour.

You need 26000 / (300 × 2) = 43 pannels to fully charge one vehicle in 2 hour.

You need 26000 / (300 x 5) = 17 pannels to fully charge one vehicle in 5 hour.

U get my drift? Note that I am not accounting for losses during the energy transfer.


On your second point, like u said, people solving these problem don't take Africa into account - they dont take our abysmal electricity situation into account.

Even at that, they are not going to run this vehicles on solar, they are planning to install charging stations for these cars supplied from a grid.

Do we have such infrastructure in Nigeria, most importantly, are we going to have them in the near future?

maishai:
Massive investment such as Dangotes refinery usually recoup their investment in 20 to 25 years but Dangote probably wants to recoup his in 2 years...........

Dangote knows he faces an existential threat from renewable energy, while we Nigerians wallow in our pitiable state of fuel price increase......

The refinery targets mostly pms and diesel, the current opium of the Nigerian and west African markets

Their will be a diminished demand for petroleum products in d western countries, but in Africa not so much, I still see a lot of 90's cars on the streets. Most African countries cant generate enough electricity to run their basic needs talkless of using it to run vehicles.

50 years from now, the internal combustion engine will still be prevalen in most parts of Africa.

Biafran4life:
Is people like you that are the problem of this country. So because America said it then it is right. What have America done for this country.If they had allowed arms to goodluck the insecurity in this country won't have reached this level. Instead they gave us vegetable of a president. If you don't have money to build refinery go and farm.I won't be surprised if you say,they should allow the importation of bottled water so the Coca-Cola Company will not have Monopoly in bottle water business.How can you be talking about Nigeria importing finished goods from a raw material God has given us.Is it not stupidity that we import finished goods of Cocoa, textile, rubber.Was the country not better the years we whr not importing this things. My dear stop believing thr is something special about America..They are the problem of Africa.If dangota want let him monopolize the petrol business ,no wahala as long as he is refining in Nigeria.You can bring your own investment and come and monopolize a sector even if is Palm oil so that we can stop importing from Malaysia . Another good oil business is coconut oil.Witchcraft is not only when you fly at night,lol

My brother, I have already said everything that needs to be said on this matter.

The fact that you keep repeating the same erroneous points shows how obstinately obtuse most of us are, no wonder Nigeria is what it is. Your belief in conspiracy theories is also ludicrous.

Chao.

Kennyking1234:
The lady isn't smart

Lady? How do u know that?

Lazyyouth4u:
Emefiele say Nigeria will be selling crude to Dangote (and possibly BUA) in Naira. He says we will save the fx used in importing refined products and paying subsidy. But I’m seriously wondering if this makes sense given the fx revenue we will forgo when we sell this crude to them in Naira

Currently, Naija spends between USD10bn and USD12bn to import refined products and pay subsidies. But at $65 per barrel for crude, Naija will forgo close to USD13bn in Fx when it sells 650,000 bpd of crude to just Dangote in Naira

Some people will say this 650k barrels of crude is additional to the 2m we export. Okay. So where will the extra 650k come from? Current OPEC quota will not last forever. Right now, we do not have the capacity to produce more than 2m and it takes several years for the oil companies to ramp up. Dangote’s OML 27 is currently at only 20k barrels per day and will take a couple of years to ramp up to 100k barrels. Talk less of 650k barrels

Then let’s not forget that Dangote will have to pay back well over USD6bn to banks that lent him money for the project, he has to pay huge USD salaries to his expatriate staff and he has to buy spare parts from overseas countries. This USD will have to come from somewhere. Maybe from Dangote’s fx revenues from his other export businesses or maybe from Fx from the excess refined products he will export to neighboring countries or maybe from the CBN..hmmm

Let’s hope Dangote does not buy crude in NGN and then exploit loopholes in the Naija system to focus on exporting refined products to other countries as this is where the real money is. Let’s also hope he’s not using this whole refinery business to corner the fuel importation market in Naija. That would be mad o

On another note, I dey pity people wey go dey do daily commute on that tight Lekki road when the refinery begins full operations and hundreds of tankers with petrol start plying that tiny road. You think Apapa is bad? You ain’t seen nothing yet

Me I’m just thinking aloud o. Wetin concern common man with refinery when petrol price keeps going up? And they say Dangote will be selling at international market prices. Imagine

Thankfully, I no get any business with that Lekki road. I try my possible best to avoid that road. But wait o, no be only Lekki road go hear am oooo...

I took d time to repost this here, ur eyes dey see jare and ur brain is intact.

Note that I am just seeing dis post for d first time...

emmanuelewumi:
People who want to import should have refineries, the import will only take care of the short fall in the production from their refineries.

Importation will be a percentage of the crude they can refine.

Opinion or fact?

NL1960:
I follow your argument quite alright and i understand it. I do not agree with you that people should be allowed an open field to import. We need to develop the country and create employment for our teeming youthful population. I have kids growing up here. Where you want them to work?. As US and Canada cannot contain all our teeming youths, we need to keep the majority of them here and get them engaged. Giving our scarce dollars to people just to import fuel thereby creating employment in other countries does not cut it for me. it is even a shame that we sell crude oil and then import fuel. It is like a cassava farmer selling cassava and perpetually buying garri with the proceeds from those he sold the cassava to. Where i come from, such a farmer will be the butt of jokes in any gathering.

You want to import fuel, then build a refinery even if na 1,000 barrels.

I support Dangote proposal 100%.

Btw, you saw what happened in US during the pandemic where people were queueing and fighting over common tissue paper. That is a result of allowing everybody and everything to be imported.

at d bolded, are u messing with me?

Let me show u that u chose not to get my argument:

1. Dangote has built a large refinery, very good.

2. Dangote still wants to be d sole importer of extra refined petroleum products, not good.

I don't know how to break it down further.

Regarding Tbills, what causes the fluctuations in interest rates? Sometimes it goes up to 18% and now 5%. Is it arbitrarily set by the government?

Alternatively, does it mean that the economy is now projected to be less risky or reduced inflation and so d government is only willing to pay us less for freezing our moneys ?

Or could it be an avenue to mop excess funds by d government, in this case, does it mean their are less funds in circulation?

NL1960:
Did other GSM companies sit and be complaining or they ramp up their operations to give MTN competition?. MTN said that they could not do per second billing. Adenuga did not sit down and be complaining. He got a license. Came up with Glo and started with per second billing which forced MTN to do per second billing.

The Cable TV company that came to compete with DSTV got EPL rights but instead of strategizing on long term, the man thought he had arrived and started living lavishly and the company crashed.

That is d problem, u don't even follow my argument. Let other people who can't build refineries be allowed to import, open d market to all as long as u can afford to run d biz.. I am tired my friend. We are running round and round too much.

Some people want MTN saga to happen all over again. Have u forgotten how MTN milked Nigerians dry when dey where dominating telecom space.