₦airaland Forum

sophy17:
You’re right. I was tempted to ask the guy celebrating his win in NCR if he bought Niger Insurance. I bought 2.5m units with about 520k naira and still seeing the loss in my portfolio.

I ran into an old friend i saw last since 1987, last Friday at a funeral party and realizing he was the company secretary/legal adviser for 15yrs, I asked him if there is any hope for the coy. He said, non, that the coy is already under Receivership. That he severally warned the management and that those responsible for the misfortunes of the company leading to withdrawal of its license are walking freely!
So sometimes it goes beyond our permutations but luck

It is not based on luck!

What is the 20 years earning and dividend history of Niger Insurance. I know it must be E8 or F9(that is,very poor).

Earning and dividend history is a great determinant to know whether the future of a company will be good or bad!

Mankind2024:
@Ositadima and the Thomases
I understand say e fit pain you, but calling my NCR run “pure luck” no dey accurate at all.
I get multiple stocks wey I put less than ₦2 million years ago wey don grow quietly reach ₦35 million–₦50 million today through compounding. Some of una even sabi one or two of those stocks. I no dey shout them every day because the goal no be to dey drag chest.
Is it NYSE, where the market has turned some $4,000 investment to $18k in my portfolio?
Humility is one of the virtues of successful investors, time is our best friend.
Volatility and inactivity is the price we pay for compound interest.
I only bring NCR, a nano fraction of my portfolio come board today make e motivate people wey still dey the game — no cap, no lamba, no exaggeration, just the real numbers. Ironically, I remember say you (or person wey get similar handle) sell your own for sub-₦30 at the command of your fast fingers because fear catch you that time. Nothing personal, e just dey show say wetin one person call “luck” na another person’s patience and conviction.
My philosophy dey simple: I stay strictly inside my circle of competence and within the cash I fit comot for mouth. I do not borrow to invest.
Once company no dey pay dividend, I no dey average up or down — I just siddon dey look. Time, more than anything, dey always resurrect good business wey dey face temporary headwind.
I no get strength to turn this place to ego-wrestling arena again. Make we allow the thread rest.
You go still see more real, motivating, no-cap, no lamba stories from me in the coming days. If e pain you, you fit mute me — no wahala. But the results no go mute themselves.
Remain blessed.

@Osita was rather supporting your Ministry...

ositadima1:
Okay, I think the highest was 28, but the fact remains that when Agba mentioned 20, you pushed back against it. Yes or no? Can you repeat what you said?

It was around ₦12 to ₦15 he said the price will fall to.

unite4real:
i think the only guaranteed rights that would have been paid for was the 60% stake by SIAT. The other investors had many who would rather pick from the floor rather than the rights issue. so i doubt if it will be fully subscribed, unless there are standby investors who willingly took up rights that were not claimed

Many minority investors didn't pick up the right. It was high.Something u could buy cheaper on the floor. This was why first Registrars whr sending reminder like madness. If it was successful. It means majority shareholders absorbed it.It was what happened in the past with some RI.I personally didn't pick my own.

unite4real:
i think the only guaranteed rights that would have been paid for was the 60% stake by SIAT. The other investors had many who would rather pick from the floor rather than the rights issue. so i doubt if it will be fully subscribed, unless there are standby investors who willingly took up rights that were not claimed

It would have been extended by a week.

The issuing houses get regular update as per subscription through the various Stockbroker.

I got my right and equally got additional right

EDUECO:
It was around ₦12 to ₦15 he said the price will fall to.

Ok nah.

And this is why you should never take what people say here seriously. This guy said he would sell everything and buy. My guy, did you finally buy it?

ositadima1:
Ok nah.

These are Agbalowomeri's comments!

EDUECO:
These are Agbalowomeri's comments!

So the one I posted isn’t real? Maybe it’s Photoshop.

Did anyone look at CHAMPION BREWERIES result?
Any analysis on it?
Anyone with breakdown analysis pls share here....maybe I'm missing some points.
Great result inbtw.
Thanks.

ositadima1:
Okay, I think the highest was 28, but the fact remains that when Agba mentioned 20, you pushed back against it. Yes or no? Can you repeat what you said?

It was Peterichy that made a statement that ACCESSCORP will get to ₦15.

And I gave him a reply .

ositadima1:
So the one I posted isn’t real? Maybe it’s Photoshop.

Is Agba still waiting for GTCO?
At what price if I may ask...

Mankind2024:
@Ositadima and the Thomases
I understand say e fit pain you, but calling my NCR run “pure luck” no dey accurate at all.
I get multiple stocks wey I put less than ₦2 million years ago wey don grow quietly reach ₦35 million–₦50 million today through compounding. Some of una even sabi one or two of those stocks. I no dey shout them every day because the goal no be to dey drag chest.
Is it NYSE, where the market has turned some $4,000 investment to $18k in my portfolio?
Humility is one of the virtues of successful investors, time is our best friend.
Volatility and inactivity is the price we pay for compound interest.
I only bring NCR, a nano fraction of my portfolio come board today make e motivate people wey still dey the game — no cap, no lamba, no exaggeration, just the real numbers. Ironically, I remember say you (or person wey get similar handle) sell your own for sub-₦30 at the command of your fast fingers because fear catch you that time. Nothing personal, e just dey show say wetin one person call “luck” na another person’s patience and conviction.
My philosophy dey simple: I stay strictly inside my circle of competence and within the cash I fit comot for mouth. I do not borrow to invest.
Once company no dey pay dividend, I no dey average up or down — I just siddon dey look. Time, more than anything, dey always resurrect good business wey dey face temporary headwind.
I no get strength to turn this place to ego-wrestling arena again. Make we allow the thread rest.
You go still see more real, motivating, no-cap, no lamba stories from me in the coming days. If e pain you, you fit mute me — no wahala. But the results no go mute themselves.
Remain blessed.

The bolded is something that a lot of people are yet to appreciate either due to pressure, the lure of other stocks, fear of losing capital, or frustration of not receiving cash dividends in a while.

EDUECO:
It was Peterichy that made a statement that ACCESSCORP will get to ₦15.

And I gave him a reply .

Okay nah, 15 is still possible.

ositadima1:
Okay, I think the highest was 28, but the fact remains that when Agba mentioned 20, you pushed back against it. Yes or no? Can you repeat what you said?

It was Peterichy that said it will get to ₦15

ositadima1:
Okay nah, 15 is still possible.

It is not possible because ACCESSCORP will definately pay 2025 full year dividend.

emmanuelewumi:
The unofficial feedback is that Presco got the N250 billion

Happy for them.. any unofficial feedback on Ellah?

SonofElElyonRet:
Happy for them.. any unofficial feedback on Ellah?

By next week Tuesday

yMcy56:
Is Agba still waiting for GTCO?
At what price if I may ask...

@ ₦35 !

@Agbalowomeri was just joking when he said that.
@Agbalowmeri,please desist from taking alcohol and Marry Jane; it is not good for your health and behaviour!

Streetinvestor2:
I come because it does not belong to u or your family.
That is only when u have right to complain.
Or u stop coming. I forgot u come to beg sometimes..lol

something must be eating you up. i wished i can help

EDUECO:
@ ₦35 !

@Agbalowomeri was just joking when he said that.
@Agbalowmeri,please desist from taking alcohol and Marry Jane; it is not good for your health and behaviour!

I no dey take alcohol
Na women dey shark me

Mankind2024:
@Ositadima and the Thomases
I understand say e fit pain you, but calling my NCR run “pure luck” no dey accurate at all.
I get multiple stocks wey I put less than ₦2 million years ago wey don grow quietly reach ₦35 million–₦50 million today through compounding. Some of una even sabi one or two of those stocks. I no dey shout them every day because the goal no be to dey drag chest.
Is it NYSE, where the market has turned some $4,000 investment to $18k in my portfolio?
Humility is one of the virtues of successful investors, time is our best friend.
Volatility and inactivity is the price we pay for compound interest.
I only bring NCR, a nano fraction of my portfolio come board today make e motivate people wey still dey the game — no cap, no lamba, no exaggeration, just the real numbers. Ironically, I remember say you (or person wey get similar handle) sell your own for sub-₦30 at the command of your fast fingers because fear catch you that time. Nothing personal, e just dey show say wetin one person call “luck” na another person’s patience and conviction.
My philosophy dey simple: I stay strictly inside my circle of competence and within the cash I fit comot for mouth. I do not borrow to invest.
Once company no dey pay dividend, I no dey average up or down — I just siddon dey look. Time, more than anything, dey always resurrect good business wey dey face temporary headwind.
I no get strength to turn this place to ego-wrestling arena again. Make we allow the thread rest.
You go still see more real, motivating, no-cap, no lamba stories from me in the coming days. If e pain you, you fit mute me — no wahala. But the results no go mute themselves.
Remain blessed.

My friend, I never said it’s pure luck, go and read my post again. I replied to the guy who said it was pure luck and told him it wasn’t. You had an idea in mind when you were buying it, but it wasn’t as strong as you’re trying to make it seem now. If your conviction was that strong, you would have invested more. These new posts are just you fishing for likes after the fact, simple.

yMcy56:
Is Agba still waiting for GTCO?
At what price if I may ask...

;

ositadima1:
Okay, I think the highest was 28, but the fact remains that when Agba mentioned 20, you pushed back against it. Yes or no? Can you repeat what you said?

In his words, "I will buy banking stocks and keep it forever. Access with High dividend yield is better than any other companies therefore, access can never get to 20."

Educo 2025

EDUECO:
@ ₦35 !
@Agbalowomeri was just joking when he said that.
@Agbalowmeri,please desist from taking alcohol and Marry Jane; it is not good for your health and behaviour!

Lol 😁

crownprince2017:
In his words, "I will buy banking stocks and keep it forever. Access with High dividend yield is better than any other companies therefore, access can never get to 20."

Educo 2025

Lol, thank you. I knew I read it somewhere but I was trying to find it. Now he’s saying 15 is impossible, and he even quoted me directly. So if Access ever gets to 15 and we have a similar conversation, it will be easy for me, lol.

unite4real:
i think the only guaranteed rights that would have been paid for was the 60% stake by SIAT. The other investors had many who would rather pick from the floor rather than the rights issue. so i doubt if it will be fully subscribed, unless there are standby investors who willingly took up rights that were not claimed

How many investors did you sample to come to this conclusion.

Point of correction.
I have no “ministry” here. I don’t promote Japaul (I’m not a gold digger), and I don’t run campaigns for ROYALEX either.
Read his comment on exaggeration, A write up drafted from my heart to inspire readers.

I come here simply to share my personal investment journey in a transparent and motivating way—no hype, no exaggeration, no “lamba.” Just the real, humble me, no envy, no debt leverage.
I genuinely like Presco’s business model. My average break-even price is ₦185.
I didn’t take up my rights issue. I left the original 20,000 units acquired in 2023 for my children and have been enjoying the dividends with my family ever since.
By the way, since when did holding a small quantity of any winning or drowning stock become a crime?
If I’m comfortable with my strategy and the size of my position, I honestly owe no one an explanation for not buying more.
Of course, I don’t have a crystal ball, and I’m definitely not a genius like Osita or Awesome. I also don’t hate my beautiful country. I believe that, in no distant time, Nigeria will overcome the challenges of insecurity, inflation, and corruption that have weakened our institutions.
God bless my fatherland.
Nigeria shall be great again.

chimex38:
@Osita was rather supporting your Ministry...

ositadima1:
Lol, thank you. I knew I read it somewhere but I was trying to find it. Now he’s saying 15 is impossible, and he even quoted me directly. So if Access ever gets to 15 and we have a similar conversation, it will be easy for me, lol.

Don't worry, time will make him understand that stock market work in cycle and any company can get problem at any time.

ositadima1:
Lol, thank you. I knew I read it somewhere but I was trying to find it. Now he’s saying 15 is impossible, and he even quoted me directly. So if Access ever gets to 15 and we have a similar conversation, it will be easy for me, lol.

Abeg make una leave EDUCO alone

Una nor dey pity person? Person wey loaded and reloaded ACCESS at 27.5 make una no mock am. E go better

Agbalowomeri:
I no dey take alcohol
Na women dey shark me

So you bi to.to mechanic?

Pusi wey make gbim and alcohol/ganja are almost the same thing.

Agbalowomeri:
I no dey take alcohol
Na women dey shark me

So,you dey under the influence of kpekus?