₦airaland Forum

KarlTom:
Got mine sometimes in June.

jadyclem:
I sold some stocks on investment one app for about 3 days now, the order has been completed but the money is yet to reflect in my balance.

I sold because I want to enter a different stock but investment one is taking time to release the money to my balance.

Please investment one users here, is this how long it takes for sold stock to reflect in balance?
I'm just wondering how a 3rd party app like trove can be faster in sending money to balance for for stock repurchase than an actual broker.

SpaceX:
While I'm on that, can you be kind enough to share what you have achieve and you future plans? Thanks

Streetinvestor2:
It is not 1:2 tomorrow. It is 1:12 by 14th before you come they cry with her name.If u buy tomorrow you will qualify for 1:12 by 14th
The 1:2 is cumulative bonus over 3 yrs

yMcy56:
OANDO
On a second thought, looking at the bonus distribution, the Bonus Issue is 1:2 by the time the phase distribution is complete.....One new share for 2 shares held.

This was in line with the previous calculations we made here, before the announcement.

Newbie's advice for O & O lovers: "HOLD"
Top up more if there's the chance or means to do so.

If ETERNA could be selling @40+ in market as at today, then it's a matter of time that OANDO too will double up.

*DD Applies*

olaremint:
Tinubu is an incompetent leader
Fact check
Foreign reserves almost double
Crude oil export has increased about 1million barrels
Debt servicing reduced to 65 percent from 90
Crude for Naira for local refinery and now Nigeria now exports PMS
If u can personally do better, please come up with your facts and figures
I hate too much grammar

Streetinvestor2:
Which integrity. Buhari lacked everything beside fanaticism. I would take Tpain any day over Buhari. Buhari I knew all my yrs in the North had nothing in his brain. He is the dulles soldier I have ever seen as a commissioned officer.T pain is a very intelligent person .This is a fact you can't take away from him.A typical example of him is the guy who acted,catch me if you can

GeeKudi:
I am not particularly sure there is anyone here who wants to listen to you to make investment decision. You say it white this moment , the next moment you change the colour to black.

If you want to speak, don't spread falsehood.
There was never and there has not been any sell off after the AGM.

Like I said, we will all be here to read a totally dofferent line of postulations from you sooner than later.

zendi:
Bad talk.

designking:
The Aradel price didn't move today and I don't think it will do a full offer tomorrow. The downward movement has been slowed.

godlyguy:
Good to read this from you. Sounds fair enough.

I will be happy if they get it right this time just that I don't want them to MH but to be honest in their dealings. I want Oando to succeed but they should come out clean

ositadima1:
How am I tarnishing Oando's image by telling the truth? I merely pointed out that Oando's ownership in the Okpai power generation plant is not 100% but 40%, contrary to the false information you were disseminating. If Oando should take issue with anyone, it should be with those of you who produce false statements without conducting proper background checks. Dey play...

Mankind2024:
Lol
Financial planning is analogous to navigation. Knowing your current position and desired destination makes navigation relatively straightforward. However, when either or both of these points are unclear, navigation becomes increasingly challenging.
Be fearful when others are greedy; the short-term outlook for OANDO demands caution from experienced investors. I'm a tortoise investor 🐢, and this approach has grown my local portfolio from N5,000 to over N180 million, excluding dividends, which I often reinvest in Treasury Bills. Many of you may not be aware that OANDO is listed on both the NGX and JSE. Despite the euphoric gains in NGX, OANDO is being sold off in JSE, where one unit in NGX can be exchanged for 2.5 units in JSE. Note that the same OANDO being propped up by brokers in Nigeria is being dumped in JSE. I was happy to have sold OANDO at the right time. When transparency is restored and the navigational outlook is clear, I wouldn't mind buying it at N500 per unit. I purchased SEPLAT at N550 and still hold it in my portfolio. Comparing the local share price of SEPLAT in Nigeria and LSE reveals linear trends, unlike OANDO.
I would be the last to regret exiting OANDO.
Finally, thanks for being a fan.

Omooloriredade:
It's all about making money. You can take sell when you are satisfied with your gains. It's not a loss.

Choiceguy take note as well re Eternal.

My opinion re Oando and not wanting to pay the dreaded school fees

STOP here if you're an INCOME investor with long term views.

If you have an aggressive growth portion of your portfolio, you may continue.

It applies to trading in all markets actually - learn to take profits and free-carry your position. For example, you invested N5m in Oando at N10. Oando got to N49, you could have sold off N5m worth at N20, N30 or in the N40s. That way you have preserved your original capital leaving your profits to run. If Oando fails to reach the lofty heights you thought it would reach, you stand to lose nothing because you are free carried.

If you're lucky you could even sell off N10m worth at N40 so you have original capital and profits from the trade. Your profits are diverted to stocks with low risk, income generating stocks or investments. Anything that happens after that has little effect on your portfolio. Oando is high risk, high reward as we have seen already. It's likely to outperform the market if the turnaround is confirmed. Tread with caution.

It's perfectly normal for someone who has had their fingers burnt in the past to be terrified by a candle. It doesn't mean stocks that have failed in the past can't transform other people's portfolios. You just have to apply learnings from the past for future trades. For me, I'm constantly reviewing what went wrong? What could have been done better? Then I apply. If it works, all good. I'll do a review again. If it doesn't, I'll review my actions. Pretty much like AI. Refining and fine tuning your strategy until you have mastered it.

My sister has a portfolio with FBNH as the major stock. She bought it during the N30 public offer some years back. Imagine, FBN offered shares at N30 years back. Understandably, she has an emotional attachment to it because of that. I decided to help her. The only rule is, I can't touch that FBN. The portfolio is looking so much different now (multiples of where we started from) despite the fact many withdrawals have been made. Life changing for her. FBN is not even up to 10% of the portfolio any longer.

After all is said and done, we will all be alright. Goodluck to everyone.

Disclaimer - You're more likely to win some but lose more if you don't get your strategy right. Consult your financial adviser for your investment decisions.

Mankind2024:
REMEMBERING THE BLACK ⚫️ MONDAY
The day my magnificent 7-stocks portfolio lost $12,500.00 - August 5th, 2024, a day I won't forget in my investment journey. It started like any other beautiful day; I was busy during the 'End Bad Governance' protest. My office was locked, and the protest was intense in Kubwa. While analysing the situation, I was reading Yahoo news when I came across a report that Tokyo and other Asian stock exchanges had lost 10% in early trade due to the Japanese government increasing interest rates. This triggered a contagious effect on NYSE pre-market trading.
As an investor tutored by NSEMPA, I started praying for the red day to continue for 10 days so I could exchange Naira for dollars. However, the risk of going to my Forex exchanger in Gwagwalada outweighed the benefit. At 16:30, when the New York market opened, my portfolio was deeply in the red. I didn't panic; instead, I was ready to ride the bonanza offerings of the 7 great institutional investors.
1. *BlackRock*: The largest asset manager globally, with over $10 trillion in assets under management (AUM).

2. *Vanguard Group*: The second-largest asset manager, with over $7 trillion in AUM.

3. *State Street Global Advisors*: A leading asset manager with over $3.5 trillion in AUM.

4. *Fidelity Investments*: A major asset manager with over $3.5 trillion in AUM.

5. *Capital Group*: A global investment manager with over $2.5 trillion in AUM.

6. *JPMorgan Chase & Co.*: A multinational bank and financial services company with significant investment management capabilities.

7. *Goldman Sachs Asset Management*: A leading investment manager with over $2 trillion in AUM.

I told myself I wouldn't exit my position by jumping in and out.
Fast-forward to when NVIDIA, the jewel in my magnificent 7 portfolio, tested $80 twice at the peak of the downturn dubbed Black Monday. I remained resolute and focused, wishing the bonanza could continue for at least 2 weeks. By August 6th, the recovery started, and today my $12,500+ paper loss has turned into a paper gain in surplus.
The moral of this post is never to panic. Expect red days; no one can predict the exact date and time. Institutional investors' algorithms are pre-programmed to run the market against individual investors. The weak hands are being shaken off, and would struggle to renter the market at premium.
The principle of investment is simple: exercise patience, follow basic principles as taught by the gurus, and generational wealth can be created.
Pic 1 portfolio today
Pic 2 to 4 Black Monday ⚫️ downturn.

ndept:
I need you to just say amen to the prayer first in order for you to judge your conscience. Even Otedola, Elumelu etc will not make that statement you made in public forum. The NGX is not all about someone loosing before you make it. If you must know, there is always a win-win situation most atimes. When you buy stock, make some money and hand over to another set to make their money too. Some bought UBA @ N5 and sold at N12 to others who are still holding/have sold at current price of N23. Not necessarily praying for people to loose money for you to profit from their lost.

The last time I check, your name is not agbalowomeri , I would have understand your position. I come in peace sha.

yMcy56:
Madam, thank you for your response. Always very helpful. Thank u.
Your observation was right..
Around this time last year, some results and dividend declarations were already out......
This year, there has been postponement upon postponement of board meetings and quite a lot of companies filing for late submission.
* Think it has to do with some economic events or some other regulatory factors.........NAICOM approval for Insurance stocks and CBN approval for banks...
* We should be should be expecting some results anytime from now.

Ades1:
Thank you very much oga Ade. I understand the reasons for the delays now.

Most banks have already submitted their AFS to CBN but as always incompetence reigns in this country.

As terrible as Emefiele was, this current CBN regime doing everything to make him look like a genius.

UCAP had their board meeting today, we should hear something between now and Friday.

ositadima1:
If you head to the website of the Nigerian National Bureau of Statistics, you can download their compiled foreign trade statistics for each year and quarter. For Quarter 1 of 2023, they imported "Cane sugar, meant for sugar refinery" worth 75.8 billion naira. In Q2 2023, the imports were 111.6 billion naira, and in Q3 2023 they were 157.3 billion naira. Q4 should be along the same lines, though I don't have the Excel sheet as it was not available when I downloaded the others.

This is a country with a large population and vast lands o ...

I don't know the exact percentage, but I am quite sure Dangote Sugar imports a significant amount from Brazil. They import using dollars, so any rise in the dollar exchange rate will translate to losses if they purchased those inventories on credit. This is because they now need to pay more naira for the same import quantity.

ositadima1:
If you head to the website of the Nigerian National Bureau of Statistics, you can download their compiled foreign trade statistics for each year and quarter. For Quarter 1 of 2023, they imported "Cane sugar, meant for sugar refinery" worth 75.8 billion naira. In Q2 2023, the imports were 111.6 billion naira, and in Q3 2023 they were 157.3 billion naira. Q4 should be along the same lines, though I don't have the Excel sheet as it was not available when I downloaded the others.

This is a country with a large population and vast lands o ...

I don't know the exact percentage, but I am quite sure Dangote Sugar imports a significant amount from Brazil. They import using dollars, so any rise in the dollar exchange rate will translate to losses if they purchased those inventories on credit. This is because they now need to pay more naira for the same import quantity.

yMcy56:
I think market reactions has to do with their results.....

Fantastic result is expected from NASCON..
If you check thru the Q3 result, it seems SALT made the revenue of the whole 2022 in Q3 already; Q4 will send the revenue high up.....
* Just saying this offhand, may not be accurate, e don tey wey I scan thru the result....

As for SUGAR, FX loss will impact on the result...

But Overall, both will be fine in the short/medium to long run......Merger news will take care of whatever difference that may be btw them.
I think opportunity is just presenting itself to those who are yet to enter the bus.
*My personal opinion*

Zegra:
I beg leave our madam alone! Nothing do her posts. You should address that old man that keeps spreading negative views about our market. It's clear that the oldman get bad belle for the market as he is not in it.

Learn to pass your message without being arrogant to other forum members

mendes911:
You just dey find wahala up and down, "let investors breathe". Throwing of stones is around the corner and your head won't be safe!

Streetinvestor2:
In English, they are buying back 4% of transcorp listed share.MTO=mandatory tender offer at price bracket

customstreet:
I mentioned here that possibly 4% MTO by Tony at a price between current market price and price paid to Otedola

yMcy56:
E Ku Market o.
Everybody just quiet dey follow Alhaji and Tony chop. E Ku chopping o.

This ETERNA, the price my dream analysis see, my mouth no fit talk am.......make una no ask me, I no fit talk am. I honestly don't know how it will come about or when.

That was how I saw this Transcorp @ above 5 that time but I no fit talk am, I told one person sha.....if he could remember now. In fact that estimate has shifted up now and I think I did some "you are joker" analysis here not too long ago....... don't take this newbie serious abeg .....

** Pls note: I'm not marketing ETERNA, Im not a Marketer or MH. More reason I won't say anything after this. I may be very very wrong **