₦airaland Forum

Sholzbankz:
Available

Howmuch?

millionboi2:
I think say u dey serious

Bracket

Fountainofyouth:
Its possible you typed this to feel among guys that have the boldness and effrontery to have a side chick, but if what you typed is true, be rest assured that your wife has a fvckboy satisfying her greatly.

I know she knows I am unfaithful and it kills her inside to know that I am happy with some other chick, I can see her dying.

I don't want to do this anymore, I don't want to be the reason why everytime I walk out the door I see her dying a little more inside.

I don't want to hurt her anymore, I don't want to take away her life, I don't want to be a murderer.

I might as well take a gun and put it to her head, get it over with.







Rihanna

I am married but my side chick they make my heart do yori yori, na because of her I dey fly like butterfly.

Nobody can luv her the way I do, o my beautiful girl, Ada nobody can stop me from loving you.

Chai my luvi luvi, Chineke mee.

Homeland is back, OMG!

Mcy56:
Lol.
Like what I want to do in transcorp now.

Your are selling right? It gained 9.68% today.

Mcy56:
Jump In Jump Out
Nsempa's word for making quick gains, especially during panic-selling or bull period.
The gain could range btw 10% to 30%, or 40% as the case may be.
People sometimes sell in panic for different reasons, ranging from poor results, economy news, etc, but you may know that there's nothing wrong with the fundamental of the stock; you watch the dumping, jump in at the bottom price then sell at short gain.
This could even be within a day. You buy and sell back with some profits.
Also this can be sweet during bull season. That's what I know.

You mean that is what you do. Lol

Mcy56:
Oga please contact Pa Emmanuelewumi or any of my bosses for answer. Im not well versed in these areas.

Ok thanks, pls another thing what is JiJo?

Mcy56:
Not yet.

Another Noobish question of mine. So, In my bid to consolidate my understanding after skimming through a few books on stocks I downloaded the last FBNH annual report dated 2018.

These books keep mentioning the true worth of a company vs its market cap as a measure.

Ok, FBNH total equity as at December 2018 is about 530 billions, while market cap as at yesterday is about 249 billions. Does it mean that FBNH stocks are very very underpriced at this moment and as a result make for a good entry? Or am I missing something here?

Thanks in advance.

Mcy56:
Wow! Been searching for Unilever financial report link posted here some days ago but couldnt find it.
Guess I'll have to wait for NSE site to come up.
In the meantime, that Q3 2019 red ooooo. Negative EPS. Chai!
A no go area for now.

Hi, apart from the adrenaline rush of trading yourself can I get similar "monetary" returns by investing in NSE stock indexes like fcmb legacy equity fund, and let them do the heavy lifting?

RealityShot:
I just decided to stick to treasury bills.
It fits my purpose despite the rate at the moment.

I need Zero Access to my funds.
Plus I like the upfront payment.


Enough distractions already. (am wasting my time looking for new investments, the difference ain't worth all the stress and distraction)

Thank you PA Emmanuelewumi and others for all your help.

I agree with you, also, if I look at the rates averaged over time then it is not all that bad. I got 15% in 2018, 13% in 2019 and probably I will get around 5% this year, on average 11%. I will keep my existing funds with Tbills. I might try stocks with the interests and some other new funds.

If the money reach na house I for buy to insulate my self against inflation and devaluation.

emmanuelewumi:
How, can you explain how the sale of less than 5% of his shares in Access Bank relates to the appropriation of his 7 months salary.

He got a total dividend of about N800 million based on his holdings from the bank in 2019

Sir, I am trying to get a grip on this biz. I noticed that some stocks have very low turnover, for example Conoil turnover for yesterday was 37000 naira only.

Does it mean that people are hording or that people dont fancy it for now? I don't see how the later is possible as the the stock price would have dropped.

By d way, Conoil looks like a great company to own shares in with their last dividend at 150 kobo per stock. I see potential too as regards to its value of 20 naira.

.

Mcy56:
Where were you when these stocks were practically begging buyers to buy?
Anyway, it's only my ogas that can answer your kwesion. E don pass student's level.

You don mean it? So I am late to the party. Anyhow, make I see if I can grab small.

But eh, the kwesion no hard na, I wanted to know if the trading volume of these stocks remain reasonable every month. You suppose know nah as u don teh for this biz.

Bomboclad:
You don't sound like a newbie to me.

I am a newbie o, just read small. I didn't even add the broker's fees about 2.5% for a close cycle of buy and sell.

Please gurus, as a newbie I was planning on buying any of the top dividend paying stocks preferably UBA and Zenith. After collecting the dividend would I be able to offload as fast before rates start dropping again?

For example UBA is currently more than 50% above its lowest point for the last 52 weeks.

If I come collect 9% yield or something and loose 50% after he no go make sense o.

I dey try learn d work o.

Mcy56:
Highest paying?

About 33%, but I may be wrong sha.

Why is SMURFIT not traded, is it because they are the highest dividend paying firm on NSE ?

Nobody won sell their share?

ndidigood:
Occupation is what someone does to earn a living that is what we were taught then.
Things have changed
Occupation is now any business, trade or profession which occupies someone's time either permanently or temporary and through which one earn a living and which must be legal.

Madam, I kind of feel you enthusiasm towards trading stocks. I have a few questions if you don't mind. Is stock trading profitable like doing just that full time can pay your bill's? Like what is your average ROI per year? Are you more of a technical analyst or a fundamental analyst? You sound like a day treader and a scalper combined.

Tonygate:
What do you think will happen in today's auction

Either your bid is successful or not. Please ask a better question?

seyisanya:
You might be wrong, sir. Do a further Google search, and you will discover that one can only be described as materialistic if the ''bolded'' become the focal point of one's life! The reason the definition you quoted started with ''overly concerned.''

Ok

Emmah123:
.... according to your understanding.

....overly concerned or preoccupied with material possessions rather than with intellectual or spiritual things...

That is the Merriam Webster's dictionary definition of the word materialistic. Clothes, cars, houses, trucks,Tbills they all count as material possessions, but then I might be very wrong.

Emmah123:
No one mentioned it is good or bad to be materialistic. I quoted you because you opined that she was contradicting herself by saying she doesn't like material things and at the same time claimed her husband built houses.

So she is materialistic then?

Emmah123:
Nothing is conflicting here. It is obvious "material things" in this context are liabilities like cars, expensive cloth and jewelries etc usually associated with "wife of a rich man". She prefers investment (which also include building of houses) to those things.

Is their anything bad in being "materialistic", I know I am, if I wasn't I wouldn't be here everyday looking at avenues to invest and expand my wealth.

lavylilly:
300k

You mean 3% , I thought it was closer to 8% . What would the minimum yearly rate of return be on a rental property?

.

Poanan:
hmm... dont ask the tenants but use someone to act like a prospective tenant. A rent of 1m per annum in Ibadan? Then the cost price is to be negotiated for N10m? a house with a rent of 1m per annum cannot have a market value of N10m. Not like i am trying to say something but look very well.

What do you think should be a realistic return on a rental property, sir?

tracyorez:
I invested both capital and interest at first,then added my extra savings that's all.
Material things don't move me so I save alot.

tracyorez:
Wowww.i want to save so that if my husband gets into any difficulty in future,I will make sure he doesn't beg or take any loan.
the difference here is that my husband leaves little or no cash flying around for you to even steal. He is always investing and doesn't drink much so I make do with only what he gives me.
He won't easily get broke though as we already have 4 different buildings on rent excluding our residence with several empty lands and petrol tankers.
I will be strongly behind anytime he needs help cos he is a very good man.

Lol, are these statements conflicting? I probably should be minding my business though.

Onyi22:
Glo rule ur world

I can't see your face, but I can assure you you have a banging ass personality. You are surely a 9 over 10 and I am the one you need. I hear you have a boyfriend, its time to ditch all your excess baggage and turn a new leaf. It is d dawn of a new decade after all.

emmanuelewumi:
I bought in the year 2000 at N20 per share.

The company gave bonus of
1 for 4 in 2003

1 for 4 in 2007

1 for 5 in 2011.

N2 million will buy 100,000 units

In 2003 it will grow to 125,000 units

In 2007 it will grow to 156,250 units

In 2011 it will grow to 187,500 units

Multiply by N1400 per share you will get N262.5 million.

Go to AGM and you will see average retirees who invested well when they are young who are earning millions from their investments.

A range rover sold for N20,000 in 1980. A flat at Iponri low cost estate was sold at N4000.

N20,000 will buy 5 of such apartments in 1980. The rental income from a flat at Iponri is between 800k and N1 million. 5 flats will now give the investor a total rental income of between N4 million and N5 million.

Some investors who bought the low cost housing unit for N4000 must have sold 10 years after for N20,000, not knowing that the party is just starting and the property can still generate rental income of over N800,000 in the future

The problem with investments is that we can be certain of their profitability after the fact, in hindsight. Not saying that you don't have a point though, but I assume that at the time 1980 or 2000 their were other promising investments that failed years after.

How can investors manage risks? Can diversifying help?