Agbalowomeri:
1 million is only 10 doubles away from 1B
A very interesting fact

They're not mates however. A million seconds is 12 days while a billion seconds is 31 years!!!

emmanuelewumi:
We all know how Fidelity Bank stayed at N1.50k and below for many years

Fid, sterling, are good stocks... Sir, How do you see Polaris and FCMB?

emmanuelewumi:




You mean you didn't average down when it went down to as low as N4 in 2018.


Did you also remove the dividends earned in the last 15 years from your cost.

The dividends over the years as you can see is crap to be honest considering the 1 Million naira I placed on it.

No I didn't know anything about average down to be honest and my broker never told me anything about it.

Investor education is very important.
That is why we come here; to learn, unlearn and re-learn.

emmanuelewumi:




You mean you didn't average down when it went down to as low as N4 in 2018.


Did you also remove the dividends earned in the last 15 years from your cost.

I just read up on average down and I think that would have helped me if I had known.
Thank you for that info

Good evening Current price.
According to spread sheet what is the Fair Price of STERLINGNG.
.quote author=currentprice post=123550118]

which was very possible around 2004 - 2008

set aside 1m for100% 100% target in 10 trades

[/quote]

Good evening Sir Current price.
What is the Fair Price of SterlingNG according to your spreadsheet.
Thanks

currentprice:


which was very possible around 2004 - 2008

set aside 1m for100% 100% target in 10 trades

My oga,how far with the stock for the year.we are now in june

currentprice:


which was very possible around 2004 - 2008

set aside 1m for100% 100% target in 10 trades

please don't forget us🤲🤲

Can someone please advise me on how I can get into the stock market? Like, is there any reputable broker that you can recommend? And what is the minimum reasonable amount to start with? Thank you.

...Always look at the whole picture before you make your decisions. FBN for some years now after they ran into bad loans kept dividend very low. The books are looking better now. The way they have turn around the business is also part of valuation metrics. I knew they were just playing a game of time with the numbers. This is why they release the Q1 2023 result together. The Q1 is very impressive. I still feel something is hidden from us from the finances which I will take time to look at. The bank used to be one of the most generous banks in terms of bonus shares. The books are good and with the former MD of Fidelity in the board, I have no doubt the days of #20 per share and great dividends are around the corner going forward. The NPL is greatly transformed and some of the loans they thought they lost are now being recovered even though provisions for loss were already made.

That's why unit of measurement is important and must be specified with any quoted value. In physics/science, it's called dimensional analysis.

toyeoye:



They're not mates however. A million seconds is 12 days while a billion seconds is 31 years!!!

leparj:
Please when is the qualifying date and payment date for fbnh dividend?

Nobody seems to know

reucom:


I just read up on average down and I think that would have helped me if I had known.
Thank you for that info

this average down really helped me....got most of my FBNH @#3+,#4+ and #5+.the last batch was @#11.5 ...still holding till date

Camoready:


Nobody seems to know

I think close of registrars is first week of August and payment date is second week of August.

Princkez:
this average down really helped me....got most of my FBNH @#3+,#4+ and #5+.the last batch was @#11.5 ...still holding till date

Average down or average up?

Agbalowomeri:


Average down or average up?

English not my language...what i know is that all my FBNH shares are below #6.

Princkez:
English not my language...what i know is that all my FBNH shares are below #6.

Good morning. Please when is the payment date for FBNH?

toyeoye:



They're not mates however. A million seconds is 12 days while a billion seconds is 31 years!!!

Emphasis on power of compounding

Agbalowomeri:


Emphasis on power of compounding

It can be for or against.


Compound interest will kill a debtor, compound interest is the friend of a creditor or an investor

Bukkydudu:


Good morning. Please when is the payment date for FBNH?

16th August 2023

Please, how can I calculate 10% annual returns paid quarterly with N50,000 investment on mutant fund?
Note: everything goes normal

emmasoft:


16th August 2023

That means they don't even have the cash on ground Audio earnings. The should have made it December....corruption everywhere you go

Pinkybush:
Please, how can I calculate 10% annual returns paid quarterly with N50,000 investment on mutant fund?
Note: everything goes normal

50000 * 0.1/4 = 1250 every quarter for the first year

.

.

Brokers abounds do remember that gold slippeth away from the man who invests it in businesses he is not familiar

Acquire knowledge

Vester48:
Can someone please advise me on how I can get into the stock market? Like, is there any reputable broker that you can recommend? And what is the minimum reasonable amount to start with? Thank you.

Princkez:
this average down really helped me....got most of my FBNH @#3+,#4+ and #5+.the last batch was @#11.5 ...still holding till date

Lucky you 🙂
I wish I knew but I was just too upset with fbn and never really looked their side to be honest

Vester48:
Can someone please advise me on how I can get into the stock market? Like, is there any reputable broker that you can recommend? And what is the minimum reasonable amount to start with? Thank you.

You can start with as littles as 5-10k. Its either you use brokers like Stanbic, zenith, or vevita to buy stocks or mutual funds like I have mostly done or play the game your self which I believe is much better. There are apps like trove, bamboo and chaka. I have opted for chaka, as their fees seem most reasonable.

I would suggest you study as well and get good knowledge base. The group will help with this knowledge, but personally burning the candles surpasses any information most people will give you.

All the best

PonziHater

Here is the list of stocks with strongest performance since new govt took over

Vester48:
Can someone please advise me on how I can get into the stock market? Like, is there any reputable broker that you can recommend? And what is the minimum reasonable amount to start with? Thank you.

First state clearly your investment objective ie why you wish to invest and what you want to achieve by your investment in stocks.
I will advise you as a newcomer to have long-term in mind, you can trade after you gain some experience.
Read about stock investment and follow this thread religiously.
However, filter what you read and pick the ones that suit your investment objectives.

You can come over to investment one stockbroker.
Click on the link on my signature to open an account online.
It's free, no cash is needed. Your account will open in 72hrs max.
After the account is opened, you can deposit any amount to start investing.
You have the opportunity to invest in stocks from the comfort of your office,
home or anywhere you are in the world.

I'm available for further clarification. call/chat me up.

leparj:
Please when is the qualifying date and payment date for fbnh dividend?

FBNH: 0.50k
Qualification Date: 8th August, 2023
Payment Date: 16th August, 2023