₦airaland Forum

ositadima1:
Zenith will be above 350 by then, and dividends will also increase. Investing in good stocks will still outperform devaluation. For example, if a solid portfolio is generating 15 million in profits now, when the dollar reaches 20,000, it will generate over 60 million.

chimex38:
Agba is correct.
When you have such amount in dollars($10k). Irrespective of Naira inflation or devalued Exchange rate, It will sustain you..

It is you and I that are busy converting the $10k to naira @ current fx rate; and then comparing the naira equivalent to possible future Exchange rate of ₦20000=$1 .
Naira equivalent won't be sustainable.

His only pulling your legs from a different perspective.
Check his earlier comment below.

MrSamsung:
No it will not sustain. No naira denominated investment cash flow that is globally worth $10k now will sustain if there's inflation and a currency devaluation of #20000. Your purchasing power is over or at the very least minimal. Unless of course the investment grows exponentially to beat not just inflation but more importantly the currency devaluation and the lost of the purchasing power.

Or maybe your investment was dollar denominated or it's cash equivalent and you quickly convert it to sustain yourself and become a 'king' in such a poor country. You will get 10k × 20000 = #200,000,000 and not a #15000000($10k × 1500) that was far more valuable with high purchasing power. Iran, Venezuela and Zimbabwe will be child's play.

mikeapollo:
You really want to tackle our ''prophet'' because of Ellah
I think he is an insider or knows people working in/on Oando.

Ginalex:
This one wey PZ dey on full offer so 🤔🤔... Na to wait for am to shed another 10% then re-enter... Abi how you see am @megawealth01😁33.25 current market price

Agbalowomeri:
We are saying that as long as the value is still $10k abi which one you no understand bayi

MrSamsung:
No it will not sustain. No naira denominated investment cash flow that is globally worth $10k now will sustain if there's inflation and a currency devaluation of #20000. Your purchasing power is over or at the very least minimal. Unless of course the investment grows exponentially to beat not just inflation but more importantly the currency devaluation and the lost of the purchasing power.

Or maybe your investment was dollar denominated or it's cash equivalent and you quickly convert it to sustain yourself and become a 'king' in such a poor country. You will get 10k × 20000 = #200,000,000 and not a #15000000($10k × 1500) that was far more valuable with high purchasing power. Iran, Venezuela and Zimbabwe will be child's play.

yMcy56:
Wondering what could have caused this bear around this time....
Absence of no news?
Some ogas fuelling panic sales in some quarters?
Let no one come up with school fees excuse, because it's definitely not it.
Anyway, we've been there before....
This time shall surely pass again.
Let's see if bank results can stem it.
Quite some resilience from some stocks amidst all these.
It's well.

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/44933_UNIVERSAL_INSURANCE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

MrSamsung:
Well it's such a wild dream

emmanuelewumi:
We now have the opportunity to buy good stocks at cheap prices

yMcy56:
Stocks affected much:
ELLAHLAKES
WAPCO


Insurance still holding up, even though there's a lot of sell off, so also there are buy transactions observed ....

ASI still @137.7 or thereabout....
Not much downside observed so far......

sterlingD:
UNIVERSAL INSURAANCE

https://doclib.ngxgroup.com/Financial_NewsDocs/44934_UNIVERSAL_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44935_UNIVERSAL_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

Agbalowomeri:
Why you dey create panic

emmanuelewumi:
We now have the opportunity to buy good stocks at cheap prices

yMcy56:
Oga Agba, abeg carry your bear back to where you brought it from o. 😁

Agbalowomeri:
Cheap ke? Name 5 stocks that can pay 10% dividend yield at current price

Agbalowomeri:
Cheap ke? Name 5 stocks that can pay 10% dividend yield at current price

yMcy56:
Thanks boss.
Does it mean this downside is rather presenting opportunities to be picking in tranches and not to run away from the market sir?
That would be a relief at least.

Agba is making it to be like ammagedon 😁

mikeapollo:
Access has high potential for 50% capital appreciation in a year from now (not sure it can deliver 10% dividend yield)

emmanuelewumi:
Are you saying Access can pay a total dividend of N3. Referring to both interim and final dividend

KarlTom:
So the results were ready and they decided to 'sit' on it

emmanuelewumi:
Are you saying Access can pay a total dividend of N3. Referring to both interim and final dividend

MrSamsung:
No it will not sustain. No naira denominated investment cash flow that is globally worth $10k now will sustain if there's inflation and a currency devaluation of #20000. Your purchasing power is over or at the very least minimal. Unless of course the investment grows exponentially to beat not just inflation but more importantly the currency devaluation and the lost of the purchasing power.

Or maybe your investment was dollar denominated or it's cash equivalent and you quickly convert it to sustain yourself and become a 'king' in such a poor country. You will get 10k × 20000 = #200,000,000 and not a #15000000($10k × 1500) that was far more valuable with high purchasing power. Iran, Venezuela and Zimbabwe will be child's play.