₦airaland Forum

Streetinvestor2:
iThis only happens if you reinvest the interest paid to you I believe.

Two or three days before the bid day, you make a formal request with the bank. For example, 1,000,000 will be debited from your account immediately upon the bank confirming your request.

On the bid day, if the interest rate is 18%, the bank will credit your account with 180,000.

One year later, you will be credited 1,000,000. What Pa Emma is saying about true yield is that you actually only invested 820,000, and got 180,000 as interest. That equates to a 22% yield.

Godisfaithful:
N3,000 will come and nothing will happen. The same way we cross $1/N1,500+…Nigerians have a way of moving on and adjusting to poverty and bad economic policies…

We can’t pray our way out of this mess. The reality is not matching. Do you know how many companies are about to leave Nigeria presently? Anyway make I keep quiet. When the news hit, you will remember…As Nigerians do say, it is well!!!

Why stop at 3,000? When the currency reaches 3,000 to the dollar, what then - won't it just continue to 5,000, and after that, 10,000?

Buying dollars is just a temporary solution that will hasten the day of reckoning.

What happens when you can't leave your home because the streets have turned into gang-controlled zones where your dollars provide no safety?

Kidnappings are already on the rise; soon nobody will be safe unless they can pay for escorts.

Purchasing foreign currency offers fleeting respite but does not address the root causes of economic instability. Without meaningful reforms, the crisis will only worsen no matter how many dollars one accumulates. The focus must shift to long-term solutions before lawlessness and violence become insurmountable.

KarlTom:
Ding!

I sight you, you dey ring opening bell abi.

yMcy56:
Again, we can never say never...
I mentioned that it can't go below 10 again based on recent observation of trend over time and not based on TA/FA.
If it goes below, it's another opportunity presenting itself. Mr. Market has the final say.
I rest my case on OANDO for now.

You dey rest your case now if Oando goes south na usual ghost mode you go enter.

Nah, you dey yearn with plenty confidence when him happen you go begging they change mouth.

KarlTom:
I believe DF is a settled matter albeit without a definite timeline.
Speaking about DF will "unsettle and sway" the market especially when regulatory paperworks are already being processed...

Na to buy that Dangote refinery as it comes out o, more than x2 is sure in the first 2 weeks.

BullBearMkt:
lol!
no be so. I just dey make him no say, comparison analysis no be today person dey use 'am

I don't know about this last one you posted, but I have made myself clear enough. That TradingView chart you posted, as far as I am concerned, is misleading because it depends on the date you started the comparison. Look at my last chart - Guinness outperformed the All Share, even till now. Does it mean Guinness is bullish? All this back and forth would be saved if you just shifted that chart of yours forwards or backwards and watch how the lines change.

We are never above learning something new no matter how long we have been in the game.

BullBearMkt:
...at least while I was providing participants on this thread with comparison charts in 2017, you were busy with sexuality and romance threads!

I am a new man since 2020, I repented from my frolicking days. Change is constant.

Ok nah, what do i know sef. I be newbie o.

Nobody knows it all, to dey form like say u cant learn anything new again is narrow minded o. See the chart bellow, If we start from September 2020 u go see say Guinness outperform allshare. Is Guinness bullish or bearish?

BullBearMkt:
meeen, you simply amuse me to say the least!
My post was addressing Loco stating that his "technical analysis is pointing bullishness across the brewery sector." That chart I showed is to indicate that, apart from Golden Guinea Breweries, other breweries in the sector are just consolidating. and you jumped in to say its misleading.

So, as you started from 2020, has the breweries sector turned bullish? Was golden beer my post only describing? You think comparative analysis is new to me?

Yes!!!
Make I use broken English talk am? Loco never said breweries are bullish, him talk say as other stocks don shake body, na breweries turn eh be. U no fit understand wanting I dey try explain na him I say leave am, u no gree.

BullBearMkt:
I want to get the misleading I painted in my post. Maybe there is something I can learn from your chart

It is not about my chart. I made a general statement. I use this type of chart all the time. I have come to understand that it depends on where you started. If you start in 2012, you may get a different chart from if you start from 2016. Why this happens is because what the chart is doing is cumulative compounding from the date you started. In other words, me and you can enter the same stock, and I will be doing 20% while you will be doing over 70%, subject to the dates we entered.

From the chart I posted, you can see how the all-share index performed better than the golden beer, while in your chart, the golden beer did far better with large gap.

BullBearMkt:
...so, what does the chart say that is different from my post?

If you didn't get it, let's leave it. It is well.

BullBearMkt:
...you can do that to provide the information you intend to pass across, since mine is misleading

Starting 2020-01

x

BullBearMkt:
Loco, take 'am easy! Nobody dey against the brewery companies. As a matter of fact, my post supports the earlier post from @ucvin, but only showing the data and its meaning! TA is currently seeing accumulation (that is totally different from being bullish). It basically imply consolidation with posibility to turn bullish in a short while.

Apart from Golden Guinea Breweries that is bullish, all other stocks in the sector are consolidating and even underperforming

This type of cumulative return chart can be misleading, as the entire graphic uses the first data point as a reference - in your example, it looks to be around 2014. In most cases, if you shift the starting point, it presents a wholly different visual. This is because the chart compounds the daily returns beginning from the first entry. Could you shift the time period to more recent times, such as post-COVID, to see which indices lead during this period?

Agbalowomeri:
I will wait at NGN12 yunction

I will also wait fuel at NGN150 junction, we no dey buy fuel again o. 150 sure pass.

Streetinvestor2:
ok I get it.you went back to his investment starting from dangota. We no they normally calculate backwards like that na for the new investment we they start,lol

LOL. That is one thing chess will teach you - that brilliant last move was likely planned several moves earlier. To a layman, they will just see the final move and wonder how it happened.

He probably had some idea that Dangote's stock would make that move. He also knew about the Sukuk bond. So, instead of putting the 10,000 naira directly into the upcoming Sukuk, he first played Dangote, and then after that gain, he did the Sukuk. That is a beautiful strategy from Pa Emma.

Streetinvestor2:
How did you get 47.4% annually

Assuming a profit of exactly 200%, with an initial capital of 10,000 naira invested in Dangote Sugar that gave him 30,000 naira. At 15.8% annual return, the bond should pay 4,740 naira annually. 4,740 naira divided by the original 10,000 naira initial capital comes out to 0.474. In percentage terms, this is 47.4% of the original investment.

emmanuelewumi:
I am not a member of the management or professional advisers to the transaction, so I can't give a specific time frame.

But I think by the end of this quarter we should be able to have an idea.

It also depends on your average cost price, someone who average cost price is less than N20 is different from someone whose average cost price is N70.

I sold half of my holdings at a profit of [b]over 200% based on my average cost price buy a FGN bond at 15.8% yield [/b]which will pay coupons in March and September for the next 11 years

Hold on, let me understand this. You are saying you will receive more than 47.4% of your original investment annually for the next 11 years? What about those who insist that converting to dollars is the only way to protect against the falling naira? I don't think dollar investments and Eurobonds can beat that return, and the best part is that it is passive income. If you had started with 20 million naira, then you are guaranteed 10 million naira every year. That is truly commendable, I must say.

Mpeace:
It is no droubt commendable, and I cannot in anyway criticise dangote for that. I only have reservations on the fact that our biggest export is not substantial enough as to affect the exchange rate.
It also goes to the question of why the british pounds is valued higher than our currency. British companies bring in over 50billion pounds per year while ours is less than 3billion pounds.

Abeg o, don't quote that number ooo.

BullBearMkt:
Reflected in their currency

It's possible that the USD is moving up in general.

Mpeace:
Lol. How much did they repatriate.
Dangote cement as a company has a total (home and abroad)revenue of less than $1billion

Even if it is $1 million, it is commendable. If we had many indigenous companies like that repatriating funds from foreign operations, Nigeria would be in a much better position.

defebe:
https://www.ceicdata.com/en/united-kingdom/bpm6-balance-of-payments/bop-financial-account-portfolio-investment

Is this the net flow of investment capital in and out of the UK? What does this have to do with earnings and repatriated funds?

defebe:
What's the value of UKs FPIs and how much in billion to the repatriate back to the UK yearly

Same way, Dangote Cement in Cameroon, Congo, Ghana, Senegal, Sierra Leone, and other countries likely repatriated money back to Nigeria from its foreign operations.

defebe:
How have the contributed to UK trade balance..70 percent if not 80 percent of goods sold by most retail stores are imported. UKs make FX earning is from Gold and sales of Luxury vehicle..A country is having a trade deficit of over 80billion pound annually, u are posting company names.. Do you know how many time the govt has bailed out lloyds bank Group?

Major UK multinationals likely repatriated well over $50 billion combined back to the UK in 2023 from their worldwide operations and subsidiaries.

"BP - The oil & gas giant reported $8.2 billion in profit attributable to UK shareholders in 2022. This suggests over $8 billion was likely repatriated back to the UK in 2023.

Shell - Shell's worldwide net income attributable to shareholders reached $39.9 billion in 2022. Even if 25% was repatriated to the UK, it would amount to around $10 billion.

HSBC - In the first 9 months of 2022, HSBC's reported profit after tax was $11.6 billion. Its final 2022 results could see over $15 billion eventually repatriated to the UK.

GSK - GSK reported £10.3 billion in profits in 2022. Up to £8-9 billion may have been repatriated back to the UK this year.
AstraZeneca - The pharmaceutical giant generated $10.9 billion in worldwide profits last year. Likely repatriation to the UK in 2023 could exceed $8 billion.

Rio Tinto - With $26 billion in earnings in 2022, even a 30% repatriation rate would bring around $8 billion back to the UK this year." -- Copied

BullBearMkt:
...that's an assignment for you.
Let's focus on Nigerian Stocks bro

You probably live in the UK. It is normal for residents to complain about how things are getting worse, that the country is going to ruin, until you step out of your comfort zone and realize how bad it is elsewhere.

BullBearMkt:
I hope you realise that many of the companies you listed above are not British companies, and as such, do not repatriate any money back to the UK. And some are purely local companies with little or no international presence.

Which companies on the list are not British companies? Also, which ones are local UK companies so I can cross-check?

The UK has nearly 500,000 international students enrolled annually, including Nigerians. For example, in 2019, education exports earned £23.3 billion for the UK economy, making it the largest service export category.

BullBearMkt:
...your assertions about the UK are not entirely true.
UK is heavily reliant on imports. According to the UK's Office for National Statistics (ONS), the total value of UK imports of goods and services in 2022 was £741.2 billion, compared to £670.3 billion in exports.

Some recent trade statistics from the UK government that I gathered recently on importations:
-Cars (£40.3 billion) - Source: House of Commons Library, UK Trade in Goods 2023
-Refined Oil (£28.5 billion) - Source: HM Revenue & Customs (HMRC), Trade Statistics, September 2023
-Crude Oil (£27.3 billion) - Source: HMRC, Trade Statistics, September 2023
-Foodstuffs & Live Animals (£23.2 billion) - Source: Department for Environment, Food & Rural Affairs (DEFRA), UK Food Imports Statistics - March 2023

The standard you made mention about are their procedures mainly for safety and quality control, not to restrict trade unfairly. The standards also apply to domestic products as well. The country also trade with African countries, importing various goods like cocoa, coffee, and minerals.
Above are facts!

UK earns significant investment income from profits and dividends repatriated back from British companies' overseas operations and subsidiaries. The trade deficit does not tell the full story.

defebe:
What is UK producing that is making GBP stable against they dollar..UK has a nation is always in trade deficit

Top companies in the UK

Energy:
Shell (SHEL): Oil and gas
BP (BP.): Oil and gas
National Grid (NG): Electricity and gas transmission and distribution


Pharmaceuticals and Biotechnology:
AstraZeneca (AZN): Pharmaceuticals and biotechnology
GlaxoSmithKline (GSK): Pharmaceuticals and healthcare


Financial Services:
HSBC (HSBA): Banking and financial services
Lloyds Banking Group (LLOY): Banking and financial services
Barclays (BARC): Banking and financial services


Consumer Goods:
Unilever (ULVR): Food, home care, and beauty products
Diageo (DGE): Alcoholic beverages
Reckitt Benckiser (RB): Hygiene and household products


Retail:
Tesco (TSCO): Groceries and general merchandise
Sainsbury's (SBRY): Groceries and general merchandise
Marks & Spencer (MKS): Clothing, food, and homeware


Telecommunications:
Vodafone Group (VOD): Mobile telecommunications
BT Group (BT): Telecommunications and internet services


Others:
Rio Tinto (RIO): Mining and metals
BAE Systems (BA.): Aerospace, defense, and security
Rolls-Royce (RR.): Aerospace and engineering
BHP (Mining and Petroleum)
Aveva - Engineering and industrial software.
ARM Holdings - Designs semiconductor and software technology, acquired by SoftBank Group


Just a few top ones with global presence.

emmanuelewumi:
With the growth tragectory of Nahco it is a N42.00 stock in 12 months all things being equal.I remember telling people it was a N30 stock few months ago when it was selling at around N17

If such people can get it at N25 and below it a great investment.


Purchase price is very important

Please what is NAHCO FCF?