₦airaland Forum

HelpMeee:
It's a very high risk watch. From my observations,it's either people highly like it or they wonder what's so good about it.
I'm on the latter group who don't get the hype that sometimes I think a lot of people are pretending to like it just so they appear intellectually superior 😅
There's just this dull atmosphere I get when watching it.
I think it's okay thou.

There’s no big deal in the show, it’s about two lovers and their uncle or friend (I can’t quite remember) who is a scientist. He built a time machine that malfunctioned during testing, creating several parallel realities, each trapped in a loop. The two lovers were able to move across time and realities, and eventually, they broke out of the loop. The confusion mostly comes from the way the episodes are arranged, but if you watch till the end, you’ll get it. It’s a good show if you ask me, and the theme song is really cool.

Streetinvestor2:
U dey mind this oga.Some one way see inheritance from ground parents.That means food was guaranteed

Nothing he can tell me, some people are brilliant, but their weakness is women and drinks. Many people entered the same stock investing business years ago like him and have nothing to show for it. Anyone who has been in this space for more than 20 years and is still doing very well is both book-smart and street-smart. Those days, there weren’t even materials you could easily read. Una too much jare.

emmanuelewumi:
In fact I was jobless as in I lost my job when I started investing in the stock market. What helped me was that I have always been a saver even right from my secondary school days

If things were rosy, I would not have gotten married at almost 40 years of age

See this guy man, you way club enter your 40, person way him family dey alright, people way hustle from scratch nko?

emmanuelewumi:
I don't doubt anybody because I can testify to some of my wins in the market.

It might be luck sha, but when preparation meets opportunity one will definitely be lucky

Ki l'o n sele na? Ki l'ewa re? My concern is for Dangcem to pay ₦40 to ₦45 next year, and Presco ₦100. UCAP ans Zenith should also add something.

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chimex38:
This..

Yeah, petrol is cheaper today, but are you sure it will remain the cheaper alternative? I can’t say for sure, but the way things are going, it may not be. Also, note that vehicles can be modified to run as EVs, it’s already happening. So, any car can be converted.

I’m done derailing; I’ve said all I can possibly say on this subject for now.

Itzlinda:
You’re right that change is constant, but transition speed varies depending on infrastructure and global equity.

Unlike phone or AI that transition happen very fast, switching to EV cars require huge physical investment in infrastructure--power grids, roads raw material etc.

So if developed countries have such resources in abundance, developing countries are far behind and don't have capital to support EV infrastructure overnight. Nigeria is still producing less than 5000MW with incessant national grid collapse.
I don't think Petroleum cars will die. But the usage will shrink in developed countries while it lingers in developing countries for a very long time.

Alhaji would not have built 25bn refinery with that existential threat.

Ok, I think batteries are the biggest challenge. Apart from the vehicles themselves, you don’t really need much infrastructure, especially in countries like Nigeria that don’t already have extensive systems in place. Many homes today run entirely on solar power. Yes, it’s expensive, but that cost mostly comes from the batteries. Imagine if batteries became dirt cheap, I’d bet that more than half of Nigeria would be powered by solar energy.

Currently, most EVs run about 300 to 400 miles on a single charge. With cheap and fast-charging batteries, your only limitation would be the number of solar panels you can connect. By my calculation, one full day of solar charging could give you over a week of city commuting. If you charge intermittently, you could practically drive for free. I’ve read about battery swap systems, like how we used to exchange gas cylinders, so you could travel from town A to B, swap your battery, and continue your journey.

Businesses that charge batteries with solar will spring up everywhere, trust our entrepreneurial spirit. I’m telling you, the only real issue is the cost and capacity of these batteries, and once those improve, we’re good to go.

Regarding Dangote Refinery, nobody sees it all, not even me or you. Technological shifts often happen suddenly and unpredictably. A few years ago, no one could have predicted AI would advance this far this fast. I’m not arguing to win; I’m just saying it’s very likely that when the technology breaks out, developing countries might actually be the ones to adopt it fastest. It all comes down to economics, people will always choose the cheaper alternative over patriotism or sentiment.

Itzlinda:
Electric cars will continue to exist hand in hand with fuel cars for a very long time.

I don't see electric cars stopping production of Petroleum cars in the next 50 years sef.

Electric cars need lithium and rare earth metals which are very limited.

For context, to electrify all cars by 2050 the world would need more lithium than the currently known reserve!

Even in rich countries long journeys are more realistic with petrol cars because charging stations are not available in rural areas.

No, I don’t think so. Lithium isn’t the only viable substance for making batteries. We have sodium in abundance, and scientists are working to use it as a replacement for lithium, they’re not there yet, but they’re close. There are also other elements and technologies being developed that could serve the same purpose.

I don’t know how old you are, but let me give you a few historical examples. Kodak, in the 1980s and early 1990s, was what Samsung or Apple is today, a market leader in photography, especially in film. When digital photography was being researched and tested, Kodak dismissed it, believing it would never work. They ignored diversification and failed to invest in the new technology. Eventually, the Kodak empire was destroyed by digital cameras and the rise of digital images.

There are many other examples like that, Blockbuster vs. Netflix, Nokia/BlackBerry vs. Android. Even the small devices we hold in our hands today, which we call phones, were once unimaginable. Computers in the 1970s were so large that only institutions could afford them. Today, each of us carries a mobile computer. Change is constant.

ATTAHDYE:
Crude oil or "fossil fuel" like most of you like to call it when going green, is more that petrol and diesel.

There are several other distillates that are as important as petrol.

So even if you stop the importation of petrol/diesel powered vehicles, you still need plastics, lubricants and so on to make that EV.

You will work naked because even the clothes you wear are made from petroleum byproducts.

The curtains are not closing anytime soon on fossil fue!

Did you actually read what I wrote? I clearly said that these other products will become the major drivers. Right now, petrol and other combustion engine fuels are the main ones.

Two things can happen, either refinery margins will drop, or the cost of plastics and other petrochemicals will rise.

Just wait; the biggest challenge for green energy is batteries. Once batteries become cheaper and more efficient, oti lo (it’s over).

Agbalowomeri:
Wahala
E be like say guyman dey make plenty money for this refinery

I think it’s more about making the most of the years we have left. I’ve said it before, petrol as the sole fuel for cars, trucks, and buses is gradually being phased out. Many countries have already set dates to ban fossil fuel–powered vehicles, some within the next 20 to 30 years, and even earlier in a few cases. Do you know that Ethiopia has already banned the importation of fuel-powered buses because of its new large-capacity hydro power plant?

Refining profit margins will take a hit in the coming years; plastics and other by-products will likely become the main revenue drivers. Just my opinion, though. I’ll remind you in the next 10 to 20 years, maybe in this thread, maybe somewhere else. Just take care of yourself till then.

Finally, DangCem, make me proud, ₦800 will come. Do it this year before Tinubu’s tax hits, lol.

Streetinvestor2:
Why umuahia .Hmmmmm

Lol, did you hear him say he trades 1% of the market? Even Zenith’s current market cap isn’t up to 1% of the total market traded this year. Why do people think that "pretending" to be rich and powerful is a stronger basis for argument than actual facts?

awesomeJ:
When you trade 1% of deals in the market, you'll be welcome to the conversation. For now keep on accumulating theories with little to no profits.

Some bet9ja watcher in Umuahia asking Jurghen Klopp if he knows about how PL points work.

pluto09:
The ASI upward movement in the month of October is a pointer to the fact that investors as against speculators are still betting on the NSE

To me, this isn’t entirely correct either. Volume isn’t a determinant of whether someone is an investor or a speculator. If you said that large institutions brought in significant funds in October to move those large-cap stocks, I would agree. Large institutions can also be speculators.

awesomeJ:
It's the sole indicator of market performance. But in this market, there are the players and there are speculators that try to analyze what they don't understand.

Lol. What’s your understanding? I’m curious, do you even know how the ASI is calculated?

GeneralDae:
I get your point but I was looking strictly at the ASI.

In July, we had 80 stocks gaining more than 10% and only 4 performing very poorly. That month, almost any stock you held or bought at the beginning would have delivered a decent return. That’s what I call a bull run on steroids.

GeneralDae:
I tire oo. October has been one of the best months this year so far. I think only in July has the market performed better in the first 15 days.

One of the best in what terms? If you’re simply looking at the ASI, then I’d ask, can you trade the ASI? If a few highly capitalized stocks move up, does that automatically mean the market performed well?

My definition of a good month is based on how many stocks crossed the 10% threshold within that month. Why? Because out of over 130 listed stocks, it’s very unlikely that we all picked the few top performers. Therefore, the more stocks performing positively, the better the month, irrespective of market capitalization.

A 10% gain in Airtel Africa is the same as a 10% gain in Chams in percentage terms. So, I attached a table showing the number of stocks that gained over 10%, those that lost more than 10%, and the total sum. This month doesn’t even rank among the top four yet.

nosa2:
How do I access it?

Don’t let overconfidence, and perhaps a bit of boyish optimism wounjor you. Unlike long trading, shorting has no limit to how much you can lose; you can lose far more than you invested. In regular long trading, the worst that can happen is losing your initial investment.

The Nigerian market is so volatile that you can’t be certain a stock will fall, it could start rising for any number of reasons. What happens if the counterparty delays closing the position while the stock keeps climbing (since it’s in their favor)? The funny thing is, you still have to pay.

That 200 million example is just boyish optimism.

I’m done derailing the thread for now. See you soon.

awesomeJ:
I recommend you keep your alcohol content below 30%

How do you think I would spank your head if I wanted? Like send it as an attachment to a nairaland post?
Maybe you're abusing the term.


For deflation, you're right, I used the term wrongly.

I should have used a different phrase. "price reduction" or something.


For purchasing power, you're still wrong.

This is the point:
There's price reduction on some items and so that supports the disinflation the NBS is reporting.

Your talk about purchasing power doesn't connect to that point.

But since you hardly comprehend, let me help you by saying that I am not saying purchasing power has no correlation with inflation, there's obviously an inverse correlation between the two.

What I'm saying is the point I made isn't about purchasing power, so don't digress.

So, we can all agree you have no idea what you’re talking about. Don’t feel bad, we’ve all been there, but yours is becoming a bit too prolific on this sub. Disinflation doesn’t mean price reduction; it means a reduction in the rate of inflation. Prices are still increasing, just at a slower pace. I keep helping you, I’m a nice guy.

If you talk about inflation, you’re indirectly talking about purchasing power, which has already deteriorated. Making posts about how things are “better” is very unintelligent. Prices have tripled in some cases, and because inflation is merely slowing, we should celebrate? Isn’t that just common sense? Every sensible person knows inflation can’t stay at 27% indefinitely, or we’d all be finished.

You parading this “easing” as something wonderful only shows your boyish optimism, and your lack of deeper insight at the same time.

awesomeJ:
Boyish is good.

You can look for harsher qualfiers if you want.

But your comprehension problem still seems to persists.

If prices on some items are down, then there's defaltion on those items.

It's all I said, so why are you talking long?


I mean I posted about inflation number at 18% why would you infer that I said the economy has now entered deflation?


Purchasing power blah blah is not at all in context here.

Maybe I should just leave you to get sober.

I’m trying to be nice to you, but you seem to prefer being spanked. There’s nothing like “deflation on some items”, that makes no sense. Inflation or deflation applies to economies, not individual items. I’m teaching you Econ 101 for free; maybe I should reconsider.

You don’t know that purchasing power is closely tied to inflation? You’d better focus on your programming , you’re way outside your circle of competence.

awesomeJ:
You think those prices are customized for me? or what are you saying??

If all your consummmables are costlier yoy, i think you're the one who's an exception.

Most people I know pay less for rice yoy, same with petrol, diesel, and beverages.

I don't do beer, maybe that's more your thing. If so, maybe don't respond to posts while you've filled up on it.

Lol, prices are already messed up, and people’s purchasing power has been severely hit. I’m putting it to you, there is no deflation. A reduction in the prices of a few items while others are still rising cannot be used as a basis for argument. The best that could happen is single-digit inflation, and even that would be a miracle. Your boyish optimism is well noted, though.

awesomeJ:
you do not have any right based on what you deem, cos your deeming is dimmed by silly emotions and perhaps poor intellect.

You do however have a right to counter if indeed my post is nonsensical.


In this case, it's absolutely not.

The only reason you have a dim deem is cos of your bad emotions or poor intellect or both.

Let me help you.

When someone says they're experincing defalation on some items, what it does is buttresses the fact that there's generally disinflation in the economy, if you think it instead counters that fact, you really do need more help.

So, you’re talking about your own personal inflation then, those items on your mall voucher, lol. Can that really be a basis for an argument for or against anything?

awesomeJ:
1. Tell me how exactly it's your business?
2. Tell me why you think I owe you an explanation
3. Tell me how your lack of comprehension should be my concern.

I have every right to counter any post you put out here if I deem it nonsensical. If you’re not happy with that, then stop posting or block me. Once again, are you going to show your mall vouchers?

awesomeJ:
I never said your quoting did harm or injury. All I said was that it was irrelevant to my post which you quoted. It's like you thinking John needs a lecture about disinflation, and instead of directing your lecture to John, you left John and directed it at Peter. Peter can raise objections, it's not a big deal.

For your last paragraph, the inflation reported isn't vs 2023, it's vs 2024, why do you prefer unnecessary complications.


Maybe try to grab a can of chilled malt from a store (not greedy retailers), you'll also witness the deflation in price. Or if you remember how much it cost to fill your car's tank about this time last year you'd realize it's almost 20k cheaper today. or if you eat rice, etc

Always using irrelevance as a trump card whenever a post doesn’t align with yours. In one post, you talk about how the prices of goods are coming down, but when you’re cornered, you start saying it’s inflation that’s reducing. Which one is it?

You like to imagine things, are you now envisioning petrol prices coming down? I guess that would dictate a lot of other things. But tell me, what exactly have you seen coming down? Are you going to post another one of your mall vouchers to show off? Armchair economist, lol.

mallamOmonile1:
🤣🤣🤣🤣🤣

There is no sense in selling your stocks
If you sell and develop the interest of buying back later,same 25% applies.

You either become a trader by selling and using same proceeds to buy back when there is pullback.This method will add more units to your holding from week to week,month to month and year to year.

Good news to brokers since withdrawals will be limited because of 25% tax on withdrawal.Funds will always remain with brokers account.

The next choice here is you can use your stocks as collateral for loan.This is even the best option to beat Tinubu tax.Megawealth has even explained this in the last few pages.

No need to panic.when yam begins to hot,there must be a way to eat it hot.

This means all those brokerage stocks listed will yield even higher profits. Stocks like UCAP and Afriprud will likely see their share values rise. If you’re holding UCAP, hold tight , the price will be revised upward in the coming months and years.

Remember when I told you guys that Ellah Lakes would be the new UCAP two years ago? I even said it could happen as early as 2025, and now it’s gone from ₦3 to almost ₦14. Well, I’m saying it again: UCAP will be the next UCAP. You can shoot me down as usual, but God willing, I’ll be here to remind you all.

ositadima1:
According to my dividend discount valuation, GTCO should be at a minimum of ₦112. Just wait for the emotional sellers to push it down a bit, then enter. As long as they can maintain this ₦8 dividend—hopefully even increase it next year—the outlook remains strong.

I told you about GTCO, the emotional sellers were busy doing their thing. One of them even claimed that the market maker specializing in GTCO is the one pushing the price up recently. The kind of nonsense you read here sometimes is just amazing.

nosa2:
They don't need to raise money. Shares will be issued to the private company and current shareholders will become minority shareholders of the larger company.

Smart move if you ask me. Though it reeks of insider dealing. The Telluria guys knew about this from the beginning

So, we’re getting another 10% today, that’s all I’m after, lol.

I’ve been playing with some numbers, and something struck me, the stock market actually outperforms bonds, even those 20% interest rates that some people joyfully grabbed earlier this year, such as the Sukuk bonds with about a 10-year tenure. Don’t get me wrong, if you don’t have the time to fundamentally value stocks or you prefer risk-free, steady income, bonds are great. But they don’t beat stocks, especially if you have a diversified portfolio to hedge against individual stock risks.

Let’s use CAGR, the Compound Annual Growth Rate, which represents the compounded return you’d get if growth were smoothed over the time period. From 2012 to date (up to Tuesday; I haven’t incorporated the days after Independence Day, but that doesn’t change much), the All-Share Index (ASI) delivered a 14.67% CAGR annually. Zenith Bank returned 13.6%, and DangCem about 13.38%.

By comparison, a bond that paid 20% interest annually over that same 2012–2025 period would have yielded around 10% CAGR each year across those 14 years, assuming you didn’t reinvest the interest (just as I didn’t account for stock dividends, splits, etc.).

The ability to monitor and play the long game in the stock market ultimately beats bonds when it comes to long-term wealth creation.

innovestor:
I have read lots of posts about PENGASSAN vs Dangote and by extension the Oil and Gas industry vs payments/benefits.

Though these have nothing to do with this thread but are quite very intresting reads.

I will summise my contribution this way. For those of you trying to convince the persons that are not in the Oil and Gas industries why those in this industry face lots of hazards, have specific skill sets and hence "big" pay, i wish you good success, thoughi doubt you will be lucky in achieving that. . Its like explaining the the science and maths behind a catalysitc cracking unit and how to optimise the yeld of a specific output like PMS to a Professor in Economics (he has no use for it at it makes not sense to him). This misunderstanding has brewed some really strong hatred for PENGASSAN and what they do. I know people who work in this industry and have some understanding why they get paid the way they do.

Goodlukc to those who think any form of union is not important and see them as agberos. .

People in the oil and gas industry may have unique skills, but I don’t think their high wages are solely because of that. It’s more because the industry earns in dollars and has historically been dominated by foreign companies, so salaries are more closely pegged to the dollar.

If the industry earned in naira, I don’t believe salaries would be as high , despite the high skill level required.

Take doctors, for example; they possess top-tier skills and undergo extensive training, yet their salaries are nowhere near those in oil and gas unless they also work in that sector.

Potvalor:
It is also a skill-level issue. You can conveniently replace 100K Okada Riders across Nigeria within a day, but can you replace 100 Pilots within same time frame? Top jobs attract top talents (the first-class, best of the 2:1s after rigorous employment screening process), so it is understandable that their pay range falls in the top-tier. Same thing is applicable in every other Nation/Economy.

Not long ago Boeing Employees went on strike and shut down the company's operation for a better pay package. What was the final resolution? Did Boeing sack the staff? This is why I believe this Dangote Refinery issue could have been handled better. The final resolution isn't a “WIN” to Nigeria in my opinion. My final take on this topic.

Your final take seems to be twisting the facts. Did Dangote sack his workers because they demanded higher pay? Did the Dangote workers go on strike? Please, let’s stick to the facts only.