If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market - Investment

If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market (29286 Views)

1 2 3 4 Reply (Go Down)

If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by abc115(op): 12:31am On Jun 03, 2025

If you invested ₦1,000,000 on 30 May 2023 in the Nigerian stock market, this is what it is after 2 years....

Transcorp Hotels — ₦17.9 million
TransCorp — ₦13.5 million
Juli Plc — ₦13 million
Sunu Assurance — ₦10.3 million
Tantalizers PLC — ₦10.1 million
Skyway Avaiation — ₦9.87 million
NNig Flour Mills — ₦9.6 million
Golden Guinea Brew — ₦7.77 million
Oando Plc ₦7.14 million
HoneyWell Flour — ₦6.40 million
Associated Bus Coy — ₦5.86 million
Ikeja Hotels Plc — ₦5.71 million
Beta Glass Plc — ₦5.53 million
RT Briscoe Plc — ₦5.49 millon
Conoil Plc — ₦5.28 million
Presco Plc — ₦5.11 million
NAHCO — ₦4.73 million
Eterna Plc — ₦4.58 million
Infinity Trust Mortgage Bank — ₦4.57 million
CWG — ₦4.57 million
Japaul Gold — ₦4.13 million
Chams Plc — ₦4.00 million
Veritas Kapital — ₦3.90 million
Julius Berger — ₦3.72 million
IMG — ₦3.67 million
....
........
...........

#Statisense
(NGX)

https://x.com/StatiSense/status/1929618649134125349?t=zVOZVGOKpA3CaTERj_q4wQ&s=19

26 Likes 2 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by abc115(op): 12:32am On Jun 03, 2025

President Bola Tinubu.....

68 Likes 6 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by QuinQ: 12:38am On Jun 03, 2025*

But Naira got devalued at that point na.
How about all the investors that lost money and companies that folded and left Nigeria or went out of biz?
Besides, these numbers are fudged. See below

Elose11:
Lies from the pit of hell. My shares in Transcorp was worth N14,5m in April 2023. Its at N10.75m today. A huge decrease. so how can one invest 1m in the same Transcorp and expect to get N13.5m today?

motymop:
These returns are lies. They are built on perception rather than truth.

The problem with this data is that they didn't say the price, they bought and sold.

They presented the data as if stocks is like a money doubling scheme where as there are other companies that did very poorly

107 Likes 13 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Seefinish: 12:50am On Jun 03, 2025

QuinQ:
But Naira got devalued at that point na.
How about all the companies that folded and left Nigeria or went out of biz

na Obi according to Agbadoians

36 Likes 5 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by abc115(op): 8:17am On Jun 03, 2025

QuinQ:
But Naira got devalued at that point na.
How about all the companies that folded and left Nigeria or went out of biz

No... don't invest, keep your money in your pocket.

71 Likes 4 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by abc115(op): 8:19am On Jun 03, 2025

QuinQ:
But Naira got devalued at that point na.
How about all the companies that folded and left Nigeria or went out of biz

No... don't invest, keep your money in your pocket. Devalued against what?

47 Likes 1 Share

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Sibrah: 8:23am On Jun 03, 2025

abc115:
No... don't invest, keep your money in your pocket.

Nonsense. What about those who left out of frustration? Off course the available capital will go towards those left behind and then the Naira was devalued to bloat that.

9 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by olaolaking: 8:52am On Jun 03, 2025

Sibrah:
Nonsense. What about those who left out of frustration? Off course the available capital will go towards those left behind and then the Naira was devalued to bloat that.

Unserious element. Because people get accident in Lagos Ibadan expressway is the reason you won't travel abi?

Stay there and be eating your complain. While reasonable people are seeing OPPORTUNITIES, all you see is complain

14 Likes 1 Share

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Curious345: 9:04am On Jun 03, 2025

Is this profit ?

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by motymop: 9:12am On Jun 03, 2025*

These returns are lies. They are built on perception rather than truth.

The problem with this data is that they didn't say the price, they bought and sold.

They presented the data as if stocks is like a money doubling scheme where as there are other companies that did very poor.

In 2023, the lowest price of transcorp stock was N3.19, it highest was N19.20

If you put 1m at N3.19 that is 313.5k shares
If you put 1m at N19.20, you will get 52k shares

In 2025,, the lowest price of transcorp stock was NGN 42.90 and the highest is N43

If you sell, 313.5k shares at 42.90, you will make N13.4m but your profit is 12.4m

If you sell 52k shares at N43, you will make 2.2M but your profit will just be N1.2M

So your profit depends on the amount of shares you have, the price you bought it and the price you sold it

113 Likes 15 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by VOLTAGE420: 9:25am On Jun 03, 2025

Op explain better, its that the ROI after the 2 years or the company gain . Throw more light

3 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Elose11(m): 9:48am On Jun 03, 2025*

abc115:
If you invested ₦1,000,000 on 30 May 2023 in the Nigerian stock market, this is what it is after 2 years....

Transcorp Hotels — ₦17.9 million
TransCorp — ₦13.5 million
Juli Plc — ₦13 million
Sunu Assurance — ₦10.3 million
Tantalizers PLC — ₦10.1 million
Skyway Avaiation — ₦9.87 million
NNig Flour Mills — ₦9.6 million
Golden Guinea Brew — ₦7.77 million
Oando Plc ₦7.14 million
HoneyWell Flour — ₦6.40 million
Associated Bus Coy — ₦5.86 million
Ikeja Hotels Plc — ₦5.71 million
Beta Glass Plc — ₦5.53 million
RT Briscoe Plc — ₦5.49 millon
Conoil Plc — ₦5.28 million
Presco Plc — ₦5.11 million
NAHCO — ₦4.73 million
Eterna Plc — ₦4.58 million
Infinity Trust Mortgage Bank — ₦4.57 million
CWG — ₦4.57 million
Japaul Gold — ₦4.13 million
Chams Plc — ₦4.00 million
Veritas Kapital — ₦3.90 million
Julius Berger — ₦3.72 million
IMG — ₦3.67 million
....
.....

#Statisense
(NGX)

Lies from the pit of hell. My shares in Transcorp was worth N14,5m in April 2023. It's N10.75m today. A huge decrease. so how can one invest 1m in the same Transcorp and expect to get N13.5m today?

41 Likes 2 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by richiemcgold: 9:58am On Jun 03, 2025

I'm somehow sceptical about the quoted figures of Infinity Trust Mortgage Bank. Need to check my files first, I want to compare and do some calculations. BRB

3 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Elose11(m): 9:59am On Jun 03, 2025*

motymop:
These returns are lies. They are built on perception rather than truth.

The problem with this data is that they didn't say the price, they bought and sold.

They presented the data as if stocks is like a money doubling scheme where as there are other companies that did very poor.

In 2023, the lowest price of transcorp stock was N3.19, it highest was N19.20

If you put 1m at N3.19 that is 313.5k shares
If you put 1m at N19.20, you will get 52k share

In 2025,, the lowest price of transcorp stock was NGN 42.90 and the highest is N43

If you sell, 313.5k shares at 42.90, you will make N13.4m but your profit is 12.4m

If you sell 52k shares at N43, you will make 2.2M but your profit will just be N1.2M

So your profit depends on the amount of shares you have, the price you bought it and the price you sold it

In the last quarter of 2024, Transcorp reconstructed their shares by dividing the shares by four. The technicalities involved in this I cannot explain as i am not an economist. But if your shares was 1m before, it will come down to 250,000. So by your analysis, the 313.5k shares had come down to 78.25k. by the time you multiply that by the current share price of N43, you will get N3.37m, not N13.4m,

24 Likes 3 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by peleson1: 10:13am On Jun 03, 2025

abc115:
If you invested ₦1,000,000 on 30 May 2023 in the Nigerian stock market, this is what it is after 2 years....

Transcorp Hotels — ₦17.9 million
TransCorp — ₦13.5 million
Juli Plc — ₦13 million
Sunu Assurance — ₦10.3 million
Tantalizers PLC — ₦10.1 million
Skyway Avaiation — ₦9.87 million
NNig Flour Mills — ₦9.6 million
Golden Guinea Brew — ₦7.77 million
Oando Plc ₦7.14 million
HoneyWell Flour — ₦6.40 million
Associated Bus Coy — ₦5.86 million
Ikeja Hotels Plc — ₦5.71 million
Beta Glass Plc — ₦5.53 million
RT Briscoe Plc — ₦5.49 millon
Conoil Plc — ₦5.28 million
Presco Plc — ₦5.11 million
NAHCO — ₦4.73 million
Eterna Plc — ₦4.58 million
Infinity Trust Mortgage Bank — ₦4.57 million
CWG — ₦4.57 million
Japaul Gold — ₦4.13 million
Chams Plc — ₦4.00 million
Veritas Kapital — ₦3.90 million
Julius Berger — ₦3.72 million
IMG — ₦3.67 million
....
........
...........

#Statisense
(NGX)

I don't understand

Are you saying if one invested in any of these companies 1m ,by now it will be the money listed here?

4 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by peleson1: 10:14am On Jun 03, 2025

abc115:
If you invested ₦1,000,000 on 30 May 2023 in the Nigerian stock market, this is what it is after 2 years....

Transcorp Hotels — ₦17.9 million
TransCorp — ₦13.5 million
Juli Plc — ₦13 million
Sunu Assurance — ₦10.3 million
Tantalizers PLC — ₦10.1 million
Skyway Avaiation — ₦9.87 million
NNig Flour Mills — ₦9.6 million
Golden Guinea Brew — ₦7.77 million
Oando Plc ₦7.14 million
HoneyWell Flour — ₦6.40 million
Associated Bus Coy — ₦5.86 million
Ikeja Hotels Plc — ₦5.71 million
Beta Glass Plc — ₦5.53 million
RT Briscoe Plc — ₦5.49 millon
Conoil Plc — ₦5.28 million
Presco Plc — ₦5.11 million
NAHCO — ₦4.73 million
Eterna Plc — ₦4.58 million
Infinity Trust Mortgage Bank — ₦4.57 million
CWG — ₦4.57 million
Japaul Gold — ₦4.13 million
Chams Plc — ₦4.00 million
Veritas Kapital — ₦3.90 million
Julius Berger — ₦3.72 million
IMG — ₦3.67 million
....
........
...........

#Statisense
(NGX)

What are the steps to invest in the nigeria stock exchange?

2 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by abc115(op): 10:42am On Jun 03, 2025

peleson1:
What are the steps to invest in the nigeria stock exchange?

Get a Stockbroker

25 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by saysoo: 11:05am On Jun 03, 2025

peleson1:
What are the steps to invest in the nigeria stock exchange?

Those are traps to get people like you. Run when you can.

25 Likes 1 Share

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by helinues: 11:08am On Jun 03, 2025*

Toh

Government no dey put food on masses table but their policies can

25 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by motymop: 11:11am On Jun 03, 2025

Elose11:
Lies from the pit of hell. My shares in Transcorp was worth N14,5m in April 2023. Its it N10.75m today. A huge decrease. so how can one invest 1m in the same Transcorp and expect to get N13.5m today?

What price did you buy it?

If you buy it at a lower price, you are still in profit even if it falls

but of you buy at the top, obviously, you will be at loss if price falls

shares are not meant to hold for long, you buy at the low and sell at high for profit, repeat the process, that is how people make money.. you also have to calculate fees too

5 Likes 2 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by SusanOpeyemi(f): 11:15am On Jun 03, 2025

helinues:
Toh

Government no dey out food on masses table but their policies can

What do you do for a living that put food on your table?

14 Likes 1 Share

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by motymop: 11:18am On Jun 03, 2025

Elose11:
At the beginning of 2025, Transcorp rebased their shares by dividing the shares by four. The technicalities involved in this I cannot explain as i am not an economist. But if your shares was 1m before, it will come down to 250,000. So by your analysis, the 313.5k shares had come down to 78.25k. by the time you multiply that by the current share price of N43, you will get N3.37m, not N13.4m,

rebasement does not mean you lose the price value

Before rebase:
if i had 313,500 shares at, say, ₦10.75 = ₦3.37M

After rebase (÷4):
now i will have 78,375 shares at ₦43 = ₦3.37M

16 Likes 4 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by QuinQ: 11:36am On Jun 03, 2025

abc115:
No... don't invest, keep your money in your pocket. Devalued against what?

Devalued against the dollar. Dollar was 300 plus, now it is 1600 plus. Besides, more people lost money in the stock market. This is like talking only about people who won lottery but not people who lost

10 Likes

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by QuinQ: 11:43am On Jun 03, 2025

motymop:
What price did you buy it?

If you buy it at a lower price, you are still in profit even if it falls

but of you buy at the top, obviously, you will be at loss if price falls

shares are not meant to hold for long, you buy at the low and sell at high for profit, repeat the process, that is how people make money.. you also have to calculate fees too

Plus capital gains tax, net investment tax, state and local taxes

6 Likes 2 Shares

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by muyico(m): 11:59am On Jun 03, 2025

I no understand
U value it in naira not Dollar 💰
Let us know d dollars value??

7 Likes 1 Share

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by Houseofglam7(f): 11:59am On Jun 03, 2025

👏🏼

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by adioolayi(m): 12:01pm On Jun 03, 2025

Aje o

1 Like

Re: If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market by epainos: 12:01pm On Jun 03, 2025

Lol

A very funny thread. Just look at how they are promoting the Nigerian stock market. I'll rather go into futures or forex trading using higher investment technique. Will rather put the money in bitcoin and hold for minimum of 1 year. Imagine promoting stocks like this. It's good to be financially educated. Chai!

10 Likes 1 Share