₦airaland Forum

EDUECO:
Is unfortunate some were waiting to get 500% before selling.

The market giveth, the market taketh glory be to the name of the stock market.

If one is not careful a portfolio of N500 million filled with junk stocks can turn to N50 million.

Reason why financial institutions don't accept some stocks as collateral security

EDUECO:
These folks who bought at highest price before the reversal of price in a no-dividend paying insurance stocks are the real losers(also known as the bag holders)!

They question then becomes whether they can stomach these losses without going into panic mode.

austinkenneth:
They question then becomes whether they can stomach these losses without going into panic mode.

Some will panic-sell, only to see the stock prices bounce back and even past their loss position. I think they will recover in the next general bull.

Just that if you lose 50%, you will need a 100% gain to return back to the break even position

A little, interesting, off-topic distraction this Sunday morning, a story I had heard even before this post.

While you're at it, pls remember that Aliko Dangote was not anywhere near the famous potentate he is today, in the days of Benson Idahosah.

Dogalmighty17:
Few people know the story of the encounter Dangote had with Benson Idahosa.

Over 30 years ago when T.L Osbourne and his wife Daisy visited Idahosa and needed to return, the plane back to the US was already full and another will not be available readily. Idahosa walked into the aircraft and requested that a couple of people give up their seats for his guests. No one readily obliged. Idahosa repeated his request and then a young Dangote with his assistant stood up and made to give up their seats. They were the only Muslims on the plane.

Idahosa then stopped Dangote and asked him his names and what he does. Dangote casually mentioned that he is a business man and a trader. There and then, Idahosa prophesied the men will stand up for Dangote worldwide and that his business will grow beyond the shores of Africa. Dangote really didn't think much of it.

As T.L Osbourne and his wife then entered the plane to take up the seats Dangote had left, Idahosa then prayed for everyone on the plane and they all shouted amen. Idahosa found it ridiculous that all the Christians on the plane refused to give up their seats but the only two Muslims did. He then enjoined them to watch his program that comes up every Sunday evening on television and then deboarded the airplane.

Idahosa is long gone but God has fulfilled his word. The world knows Dangote today. None of the Christians on that flight are remembered today.

The debate may be held if Idahosa's prophecy really helped make Dangote who he is today. Dangote himself narrates that story on occasion. But it must not be forgotten that Dangote remains a very avid reader and pursuer of knowledge. By 4:30am most mornings, he is already up and planning for his day. He pays keen attention to details and stays up to date with every information relevant to his field. A hard worker to the core.

Prophesies may help but nothing beats dedication, excellence and commitment to work.

zendi:
A little, interesting, off-topic distraction this Sunday morning, a story I had heard even before this post.

While you're at it, pls remember that Aliko Dangote was not anywhere near the famous potentate he is today, in the days of Benson Idahosah.

Una too dey cap

Na after people board plane someone will now ask another to give up seat. Tell that to those who have never boarded a flight before in their life Abi na danfo

Agbalowomeri:
Una too dey cap

Na after people board plane someone will now ask another to give up seat. Tell that to those who have never boarded a flight before in their life Abi na danfo

+1
Dangote's encounter with Arch Bishop Benson Idahosa 2025
The encounter between Aliko Dangote and Archbishop Benson Idahosa is a well-known story in Nigeria, particularly within Pentecostal Christian circles. It is often cited as a pivotal moment in Dangote's life that propelled him towards his current status as Africa's richest man.
The story, recounted in various ways, generally involves Idahosa, a prominent Pentecostal preacher, needing a seat on a fully booked flight from Benin City to Lagos. Dangote, then a young businessman, reportedly gave up his seat to allow Idahosa and his guest to travel. In return, Idahosa is said to have prophesied that the world would make way for Dangote, and that his business would expand beyond Africa.
While the specific details of the encounter vary slightly across different accounts, the core narrative remains consistent: Dangote's act of generosity towards Idahosa was met with a powerful prophetic blessing that is believed to have played a significant role in his subsequent success. Some versions of the story also highlight Dangote's respectful attitude towards Idahosa, even though Dangote is a Muslim.
Some accounts also mention Dangote supplying cement for free when building one of the largest churches in Nigeria, further emphasizing his connection to Idahosa and his ministry.

austinkenneth:
Time will definitely decide. Hope you didn't get into this stuff late.

That is for a class of people not for me mostly for jijo group
Then again if you are an investor who does thr fundamental analysis .Thr is no time is early or late to buy fundamental sound stocks after my yrs of being in this business.
I bought Veritas at 27kobo and have sold some what pull back will take it back to thr.That will not be called pull back again

Agbalowomeri:
But some of them would have lost 50% if they lose another 9/10 tomorrow and Tuesday

Thr has only been pull back of two days. How will extra one day make it 50%.
The pull back will not pass tomorrow if it even happens. Many of those that went above #3 or slightly below #3 will not go below #2.
I don they sabi jijo pattern.
I no sabi TA tools but I sabi use bid and offer gauge the matter

emmanuelewumi:
Consider the gross margin. Businesses with a high gross margin have a strong moat.

You can also consider comparing the gross Profit with the total asset of the business

over 20% is fair

Thanks for your response.

I agree with you. The instance I gave for a software business which can have high gross margin at the beginning but that could disappear when it starts facing stiff competition.

But that's different for a difficult to copy business like NAHCO, NGXGROUP and PRESCO for Eg.

You are a buffet prodigy that I admire a lot. So I know you always have a long-term outlook for these businesses you invest in.

I would like to know how you access the longterm durability of the moats before investing.

Agbalowomeri:
Una too dey cap

Na after people board plane someone will now ask another to give up seat. Tell that to those who have never boarded a flight before in their life Abi na danfo

Instead of trying to discredit the story why not try to do some fact checking. Idahosa was known for being very audacious

NettyNelly:
Thanks for your response.

I agree with you. The instance I gave for a software business which can have high gross margin at the beginning but that could disappear when it starts facing stiff competition.

But that's different for a difficult to copy business like NAHCO, NGXGROUP and PRESCO for Eg.

You are a buffet prodigy that I admire a lot. So I know you always have a long-term outlook for these businesses you invest in.

I would like to know how you access the longterm durability of the moats before investing.

Take for Eg. There’s a listed Technology bussiness that used to provide crucial service to MTN (biggest customer), but that's no longer the same because MTN started self-providing same service.
The said business had high ROIC in the recent years. High gross margin but that won't be the same going forward. This same business is selling at a single digit PE

emmaodet:
How do someone have access to an interest-free loan?

Your Family and Friends and sometimes Employers if you're an employee

Agbalowomeri:
Some will panic-sell, only to see the stock prices bounce back and even past their loss position. I think they will recover in the next general bull.

Just that if you lose 50%, you will need a 100% gain to return back to the break even position

The bag holders have not yet bought. Those insurance stocks will still go above those prices this yr.Some will still touch #5.It is not only kpakus that can manipulate thr price.The burst will come after thr full yr result. The jingles is seriously happening in social media platforms to an extent my wife is now interested and asking what is jijo. She want to invest because someone is promising 500% on his twitter space for insurance stock. Na me no agree yet

Pa Emma…
Will you mind sharing with us some of your decisions that resulted to a loss? How things didn’t go as you thought. Except we want to believe every decision you made resulted to success.

handsomebolanle:
Pa Emma…
Will you mind sharing with us some of your decisions that resulted to a loss? How things didn’t go as you thought. Except we want to believe every decision you made resulted to success.

Lol.i believe he made loss on onado if I am not wrong

Princkez:
+1
Dangote's encounter with Arch Bishop Benson Idahosa 2025
The encounter between Aliko Dangote and Archbishop Benson Idahosa is a well-known story in Nigeria, particularly within Pentecostal Christian circles. It is often cited as a pivotal moment in Dangote's life that propelled him towards his current status as Africa's richest man.
The story, recounted in various ways, generally involves Idahosa, a prominent Pentecostal preacher, needing a seat on a fully booked flight from Benin City to Lagos. Dangote, then a young businessman, reportedly gave up his seat to allow Idahosa and his guest to travel. In return, Idahosa is said to have prophesied that the world would make way for Dangote, and that his business would expand beyond Africa.
While the specific details of the encounter vary slightly across different accounts, the core narrative remains consistent: Dangote's act of generosity towards Idahosa was met with a powerful prophetic blessing that is believed to have played a significant role in his subsequent success. Some versions of the story also highlight Dangote's respectful attitude towards Idahosa, even though Dangote is a Muslim.
Some accounts also mention Dangote supplying cement for free when building one of the largest churches in Nigeria, further emphasizing his connection to Idahosa and his ministry.

Have you heard any of those stories from Dangote himself? Nigeria Pentecostal businessesmen and claiming glory 5&6

Same way Christ embassy dey claim Elon Musk as a sponsor of Rhapsody

If you tell a lie 100x, it doesn't become the truth

NettyNelly:
Thanks for your response.

I agree with you. The instance I gave for a software business which can have high gross margin at the beginning but that could disappear when it starts facing stiff competition.

But that's different for a difficult to copy business like NAHCO, NGXGROUP and PRESCO for Eg.

You are a buffet prodigy that I admire a lot. So I know you always have a long-term outlook for these businesses you invest in.

I would like to know how you access the longterm durability of the moats before investing.

Are you not the guy who wrote about the below average gross margin of Chams few months ago

I prefer a gross margin of 50% and above

Agbalowomeri:
Have you heard any of those stories from Dangote himself? Nigeria Pentecostal businessesmen and claiming glory 5&6

Same way Christ embassy dey claim Elon Musk as a sponsor of Rhapsody

If you tell a lie 100x, it doesn't become the truth

ELON MUSK is a big time PARTNER of RHAPSODY OF REALITIES

austinkenneth:
They question then becomes whether they can stomach these losses without going into panic mode.

I think they are capable!

Since they have the mentality that you have not made a loss until you have sold.

megawealth01:
ELON MUSK is a big time PARTNER of RHAPSODY OF REALITIES

Those guys are agnosts.

They belong to everyone and to no one

Don't be surprised if he is a partner to atheists organizations, Buddhist organizations etc

emmanuelewumi:
Those guys are agnosts.

They belong to everyone and to no one

Don't be surprised if he is a partner to atheists organizations, Buddhist organizations etc

Well that's his choice but at least he partners with CHRIST EMBASSY. IT'S A FACT

emmanuelewumi:
The market giveth, the market taketh glory be to the name of the stock market.

If one is not careful a portfolio of N500 million filled with junk stocks can turn to N50 million.

Reason why financial institutions don't accept some stocks as collateral security

I think it is because junk stocks lack cash flow in form of yearly dividends.

EDUECO:
I think it is because junk stocks lack cash flow in form of yearly dividends.

They also consider average liquidity of the stock in the last 365 days

Agbalowomeri:
Some will panic-sell, only to see the stock prices bounce back and even past their loss position. I think they will recover in the next general bull.

Just that if you lose 50%, you will need a 100% gain to return back to the break even position

The game is the game. And God knows I love this game

austinkenneth:
They question then becomes whether they can stomach these losses without going into panic mode.

Some of the people that FOMOed into Ellah at N19 are having deep meaningful conversations with themselves.

nosa2:
Some of the people that FOMOed into Ellah at N19 are having deep meaningful conversations with themselves.

It will have another rally . Just a matter of time. Another good news is on the way

SonofElElyonRet:
It will have another rally . Just a matter of time. Another good news is on the way

That's a possibility. It's also very possible we would not touch N19 for another 10 years.

SonofElElyonRet:
Instead of trying to discredit the story why not try to do some fact checking. Idahosa was known for being very audacious

The story is not true

nosa2:
That's a possibility. It's also very possible we would not touch N19 for another 10 years.

There's likelihood of acquisition. A window that will always be open.

Princkez:
+1
Dangote's encounter with Arch Bishop Benson Idahosa 2025
The encounter between Aliko Dangote and Archbishop Benson Idahosa is a well-known story in Nigeria, particularly within Pentecostal Christian circles. It is often cited as a pivotal moment in Dangote's life that propelled him towards his current status as Africa's richest man.
The story, recounted in various ways, generally involves Idahosa, a prominent Pentecostal preacher, needing a seat on a fully booked flight from Benin City to Lagos. Dangote, then a young businessman, reportedly gave up his seat to allow Idahosa and his guest to travel. In return, Idahosa is said to have prophesied that the world would make way for Dangote, and that his business would expand beyond Africa.
While the specific details of the encounter vary slightly across different accounts, the core narrative remains consistent: Dangote's act of generosity towards Idahosa was met with a powerful prophetic blessing that is believed to have played a significant role in his subsequent success. Some versions of the story also highlight Dangote's respectful attitude towards Idahosa, even though Dangote is a Muslim.
Some accounts also mention Dangote supplying cement for free when building one of the largest churches in Nigeria, further emphasizing his connection to Idahosa and his ministry.

What is the name of the church that Dangote supplied cement to free of charge ?

emmanuelewumi:
The story is not true

With all due respect, you are in no position to speak so emphatically on the matter... Except you can provide some hard evidence to prove it's a fake story. The best you can do is to express doubts as to the veracity

handsomebolanle:
Pa Emma…
Will you mind sharing with us some of your decisions that resulted to a loss? How things didn’t go as you thought. Except we want to believe every decision you made resulted to success.

The only one I can remember of are Dunlop and Oando

I am always lucky to bailout before katakata .
burst. I bailed out before Intercontinental bank, Oceanic bank, Wema Bank, Mutual Benefits Assurance, Union Bank, Skye Bank, Afribank before they had issues. I sold everything.
I drastically reduced my holdings in First Bank before they had issues

I bailed out of Oando at between N20 and N24 about 12 years ago and never looked back.


It is a fact that a business can't go under overnight, it must have been giving the signs about 2 years ago