₦airaland Forum

Raider76:
Dangote offers dollar dividends to lure investors to refinery IPO

https://businessday.ng/news/article/dangote-offers-dollar-dividends-to-lure-investors-to-refinery-ipo/

emmanuelewumi:
Where is the location of this property in Lagos Mainland.


This is about 16% rental yield on the property which is more than the average yield of 6% to 7% in the property market

emmanuelewumi:
17% rental yield is abnormal in the real estate market check the annual report of SFS REIT, UPDC REIT, the maximum rental yield from their luxury apartments is 8%.

He should be careful about the genuineness of the property's valid documents.

Lagos State government might want to demolish the property in the next few weeks and the owners wants to sell in order to transfer the risk to a novice in the sector

Raider76:
Dangote offers dollar dividends to lure investors to refinery IPO

https://businessday.ng/news/article/dangote-offers-dollar-dividends-to-lure-investors-to-refinery-ipo/

emmanuelewumi:
17% rental yield is abnormal in the real estate market check the annual report of SFS REIT, UPDC REIT, the maximum rental yield from their luxury apartments is 8%.

He should be careful about the genuineness of the property's valid documents.

Lagos State government might want to demolish the property in the next few weeks and the owners wants to sell in order to transfer the risk to a novice in the sector

ojeysky:
I wonder how much they will list this stock eventually....looking like it might be the highest listing. 10k per unit?

Raider76:
Dangote offers dollar dividends to lure investors to refinery IPO

https://businessday.ng/news/article/dangote-offers-dollar-dividends-to-lure-investors-to-refinery-ipo/

Valthegreat:
Good news for investors but may likely turn a bad news to the Nigerian economy because Dangote may insist on selling refined products on dollars to the local market which means farewell to exchange rate stability at the long run.
it is hard to earn naira ( from the major market) and pay dividends in dollar.

Valthegreat:
Somolu to be precise.
I had a one on one test of the prevailing rent cost in the location while discussing with the agent. The client he arrived with from inspection while I was waiting for him had 1.5m to rent 1 bedroom flat but they haven't been able to find yet. All available ones are going for 2m according to him. 3 bed according to other agents within the location is going for between 4.5m-6m per annum.

You are wrong on the demolition part. This is a redeveloped property by a lease developer, in fact he is redeveloping to transfer to the land owner after 15 years. They are yet to even complete electrical fittings but wiring, pop, tiling and every other thing are in place.

Note also that there are a total of 6 flats on the property and I am only getting 2.

Raider76:
Dangote offers dollar dividends to lure investors to refinery IPO

https://businessday.ng/news/article/dangote-offers-dollar-dividends-to-lure-investors-to-refinery-ipo/

mikeapollo:
I don't think it would be less than 1usd (equivalent or N1500) per share

emmanuelewumi:
Where is the location of this property in Lagos Mainland.


This is about 16% rental yield on the property which is more than the average yield of 6% to 7% in the property market

emmanuelewumi:
17% rental yield is abnormal in the real estate market check the annual report of SFS REIT, UPDC REIT, the maximum rental yield from their luxury apartments is 8%.

He should be careful about the genuineness of the property's valid documents.

Lagos State government might want to demolish the property in the next few weeks and the owners wants to sell in order to transfer the risk to a novice in the sector

pluto09:
Either dollar or naira, the dividend yield is the most important thing.

Locotrader:
Even if ASI fall to 100k , Japaul will reach the level it is desired to.
It is an individual stock rally.December is always suitable for such rally.

Technicals is pointing it will do above its 52wks high which was 3.66.

Once again enjoy the ride.
You have been a good person in this forum.
God will pay back your effort

Valthegreat:
Somolu to be precise.
I had a one on one test of the prevailing rent cost in the location while discussing with the agent. The client he arrived with from inspection while I was waiting for him had 1.5m to rent 1 bedroom flat but they haven't been able to find yet. All available ones are going for 2m according to him. 3 bed according to other agents within the location is going for between 4.5m-6m per annum.

You are wrong on the demolition part. This is a redeveloped property by a lease developer, in fact he is redeveloping to transfer to the land owner after 15 years. They are yet to even complete electrical fittings but wiring, pop, tiling and every other thing are in place.

Note also that there are a total of 6 flats on the property and I am only getting 2.

Streetinvestor2:
Lwkd.I hope u follow them to off load the japaul. Don't come and hold thr empty can.
I expect more off loading today as they are creating volume for it.Anything above #2.50 removes them from loss and peace of mind.

And if u get kpakus I will advise you sell before the PO ends.After that the guy man no go get minority shareholders time again.

PuristForest:
Japaul is not done...safe entry is between 1.88 and 1.98........DYOR

awesomeJ:
He's not being sold the property, just a long term lease.

Valthegreat:
Good news for investors but may likely turn a bad news to the Nigerian economy because Dangote may insist on selling refined products on dollars to the local market which means farewell to exchange rate stability at the long run.
it is hard to earn naira ( from the major market) and pay dividends in dollar.

awesomeJ:
He's not being sold the property, just a long term lease.

Locotrader:
When the mighty wind comes, maximum offers will be cleared and stock will have its way to 2.78.

Weak hands will be shaken off again today.

Low intraday and finishing strong

emmanuelewumi:
Okay.

When I read it, I thought it was a purchase.

Will he pay the N28 million upfront or he will pay per annum at about N1.7 million

Locotrader:
Opeeee
Japaulgold almost on full bid
Weak hands shaken off again today

There are 2 tradings on Japaulgold now
1.Technical tradings
2.Insider tradings.

With what happened this afternoon,people go know say Japaul is heading to N4.

Keep on selling prematurely

unite4real:
i think u should clarify with oga Emma that the N28 million is not sale amount but you are leasing it with that amount. the house will not be yours. so there is no capital appreciation here since you cannot be looking at the future value of the house.
in essence you are leasing it for N28 million, then give it out on rent for 15 years and hand over. I guess that during this period, you will be responsible for all renovations. also there is not guarantee that you will receive your rents promptly.

To have peace of mind, just go and buy FGN bond at 17% and you have guarantee return(like rent) of N4.7 Million annually and you have your N28 million back at maturity. remember on your lease model, the N28 million will not return back to you.

Locotrader:
Finally, Japaulgold closed @ 2.78.

These buyers at 2.78 know something we don't know.

My technical indicator is pointing above 3.66 which is it's 52wks high.

A break above 3.66 is another new ride.
You know what ,new high begat new high.

Wait for it.
We all go dey alright.

I am done staying here for the year.

See you all again by new year 2026.

Signed out

12/12/2025

SonofElElyonRet:
Since we are talking real estate, I am a referral agent for a highly reputable real estate company in UK that has tenanted apartments for sale under a social housing contract wherein the government guarantees rent for 25 years. No mortgage provided. Payment is one off. Buyer does nothing, just collects rent. No additional expenses. Total package. Rental income is currently between 10% - 12% p.a subject to structured review. What I do is refer prospects directly to the UK real estate company but I have to do the introduction so they know the subscribers that I introduced. There are detailed materials available for enlightenment.. prices are between £125,000 -£313,000
You do your due diligence of course. Very few units available .

emmanuelewumi:
Okay.

When I read it, I thought it was a purchase.

Will he pay the N28 million upfront or he will pay per annum at about N1.7 million

awesomeJ:
Upfront sir.
That's why they're asking for just N28m for the entire 15 years, when the actual rent over that period could potentially be above N70m.