₦airaland Forum

SonofElElyonRet:
What was Ellah's closing price?

megawealth01:
I bought at 0.2

SonofElElyonRet:
What was Ellah's closing price?

SonofElElyonRet:
What was Ellah's closing price?

EDUECO:
They will surely get back their money through dividends in 14 to 20 years.

Buying premium stocks is like someone who has houses to let in Victoria Island or Ikeja in Lagos or Asokoro in Abuja.

Payunsin:
Made the most money in a single day ever today ( on paper oo cos I never sell)
Alhandullilahi
And my gidigba Transcorp did not move, I even bought more.

Agbalowomeri:
Make Ned Nwoko catch you

Chuksido:
Oga’s in the house , what do yall think on Regalins

ojeysky:
9.05 it seem after 700m value. Ultimately it won't be a straight line 10by10

Mpeace:
Transcorp gave 20kobo today

megawealth01:
I bought at 0.2

yMcy56:
Still @9.24... but make we see what the closing price will be by 2.30pm

*Updated*
Closed @9.24!

ojeysky:
9.05 it seem after 700m value. Ultimately it won't be a straight line 10by10

chimex38:
Mix.exactly.
That's the Practical reality on ground for unstable inflation, etc.

Even the Premium companies on Ngx that grow organically and pay good dividends as well as capital appreciation still come to the market for commercial papers or bonds or issue bonus just to get capital and settle short term obligations and expansions..
How much more you a single individual with responsibilities, obligations, etc.


Heard that also, long term investments wins in returns especially compounded returns.

-But someone has to live first Oo .
Make returns-actualization no outlive you.
-not be in jail cuz of debt acfummulation cuz you refused to touch your long term holdings
-or Lose a loved one cuz one is targeting 10-20yrs into the future.
-Or excess frugality where ones health is compromised before the returns mature and then use the returns to further treatments that could've been prevented (
e.g not eating fruits, vegetables and other vitamin supplements.
Getting assisted hands that you can afford but choose to stress ones lifecycle.

Sha, na ones capacity and streams of income determines his mixture level

As KarlTom says-->Tradvestor.
While a pure Investor might be the ideal way.
Unfortunately the world isn't ideal.
Even ideal original university scientific thesis aren't implemented 100%.

ojeysky:
9.05 it seem after 700m value. Ultimately it won't be a straight line 10by10

Ginalex:
What a green day it was.... NB, Cadbury, Japaulgold and NAHCO we go again tomorrow.

The last minute volume in NB though! O ga di loud

yMcy56:
Still @9.24... but make we see what the closing price will be by 2.30pm

*Updated*
Closed @9.24!

SonofElElyonRet:
Access hot on the heels of First

megawealth01:
People don't understand that Access is undervalued

ololufemi:
No one disputes that quote you made about premium stocks. However, you must note that for those who want to grow their portfolio, they must be willing to take a level of calculated risk.

If person no fit afford house in Ikoyi, VictoriaIsland, etc nko. Commercial properties in Ikeja, Surulere, Somolu, Aguda, Oshodi, Ajah, Jakande, etc will also suffice in growing their cashflow and building their networth.

Wide diversification in bluechip stocks like Nestle, Zenith, GTB, etc is for people wey don balance well, chop better things. It takes time for them to double their prices except there has been a drastic depreciation which is similar to buying significantly distressed building in Ikoyi, Victoria Island, etc.

For those growing their portfolios, they should apply calculated risks to other stocks with capital appreciation growth opportunities. Similar example is when some of the stocks we see today were trading at NGN0.20kobo a few years ago.

Lastly, all these postulated suggestions are nothing good when the management becomes shitty and corrupt.

This same Nigerian Breweries PLC and even Guinness PLC that were solid bluechip dividend raking stocks giving investors significant cashflow and capital appreciation lost their mojo when some ridiculous moves were made by their Nigerian MD several years or over a decade ago. Since them, the parent companies have never trusted Nigerians to run their affairs for some time.

Payunsin:
Made the most money in a single day ever today ( on paper oo cos I never sell)
Alhandullilahi
And my gidigba Transcorp did not move, I even bought more.

megawealth01:
My 15th pick for 2025 is DAAR COMMUNICATIONS. Enter with PATIENT FUNDS

When entering penny stocks as risky as DAAR please use FUNDS not significant...

DYOR

megawealth01:
People don't understand that Access is undervalued

Mpeace:
Bawa. I have had personal experience with this man. I remember when he was in Port Harcourt, just before he became head of EFCC. A matter I handled in court...
If I have to judge from that experience, then I will advise you not to take that book seriously.
Also remember all the uncleared allegations made against him with respect to disposal of seized properties.
Nigeria is corrupt, with or without subsidy.