₦airaland Forum

²Billioniare Otedola has done it again

He has just made a big move by selling his majority stake in Gerugu power company worth $750m

This is same stake he acquired 12 years ago for less than $150m...that's 5X ROI

No jokes, Otedola is gunning to become the Omaha of NGX, Lagos Island.

Question now is why did he sell it?

What does he want to buy next?

#moneylessons247

Those who like to play bet naija with stocks can take a look at Austin laz

Streetinvestor2:
All I know is #100 is possible in FBNH in 2026.It does not matter what other bank share price are right now.If transcorp hotel can do #170 by toni.Even kpakus that is suppose to be minus 20kobo is at #13.
And you feel a business with over 100yr existence cannot be pumped to just #100 naira. If not bad management over yrs do FBNH have any reason not to be in 4 digits price as great grand father in banking industry

First Bank is supposed to be at least ₦200 if not for the grandiose mediocrity or corruption of the management!

Otedola is now the chief 'Ololo' of the NGX!

He is the pump and dump master.

nosa2:
I agree but I don't think we are looking at the same name. I'll post after I finish buying today

Nice idea so that the people here or the thread can help your ministry. Ok now,una done hear.All should get ready to buy it..lol

UCAP
WEMA Bank
Okomu Oil
Nahco
Access Bank
Zenith Bank
Dangote Cement
Transcorp Hotel
UBA.

The above companies are good for a newbie to start an investment portfolio.

UNIBENDON:
UCAP
WEMA Bank
Okomu Oil
Nahco
Access Bank
Zenith Bank
Dangote Cement
Transcorp Hotel
UBA.

The above companies are good for a newbie to start an investment portfolio.

Nice portfolio u have here..lol

Streetinvestor2:
Nice idea so that the people here or the thread can help your ministry. Ok now,una done hear.All should get ready to buy it..lol

Who do you think is my number constituent?

UNIBENDON:
UCAP
WEMA Bank
Okomu Oil
Nahco
Access Bank
Zenith Bank
Dangote Cement
Transcorp Hotel
UBA.

The above companies are good for a newbie to start an investment portfolio.

You mean a newbie should buy Transcorp hotel with a p.e of over 100

pluto09:
You mean a newbie should buy Transcorp hotel with a p.e of over 100

If newbie no buy who veteran go sell to?

Year end is a good time to reflect and rebalance your portfolio.

WHAT WILL THE MARKET DO TODAY
All share index expected to gain +0.20 to 0.32% today.

nosa2:
If newbie no buy who veteran go sell to?

I guess it answers the question u asked me..lol.Dearis God oh

Streetinvestor2:
I guess it answers the question u asked me..lol.Dearis God oh

This is what I don't get, it took me months developing and tweaking the spreadsheet I am using right now to guide my moves in the market. That's not to mention the countless books, articles and news programs I watch just to catch the next opportunity. After all that work (and I know people who do a lot more work) you now expect that just by calling guru in the house you will get free advise?

Lets be honest we are all taking educated guesses here, you win some and you lose some. Just yesterday I chop cool 8% loss on PZ wey I enter just before result. On the flip side what I rotated into seems to be doing the lord's work.

My point is that the real "Dearis God oh" behavior is from people who just think that by coming to a free forum you can actually get good reliable investment advise.

I can give advise oh, but only advise that I believe will benefit me first or at the very least wont hurt me by adding to demand or supply of what I am interested in.

Looks like GTCO is firing it's engines.

nosa2:
I agree but I don't think we are looking at the same name. I'll post after I finish buying today

megawealth01:
²Billioniare Otedola has done it again

He has just made a big move by selling his majority stake in Gerugu power company worth $750m

This is same stake he acquired 12 years ago for less than $150m...that's 5X ROI

No jokes, Otedola is gunning to become the Omaha of NGX, Lagos Island.

Question now is why did he sell it?

What does he want to buy next?

#moneylessons247

30% CGT?

Ote wants to move asset to safe havens.

emmanuelewumi:
Keep the following

1. Presco
2. Nahco
3. Zenith
4. Vitafoam
5. GTCO
6. WAPCO

Sorry Oga Emma, i am surprised MTNN didnt make the cut, could you explain why, is it presently over valued or its a speculative turn around that needs time to prove itself?

Raider76:
Looks like GTCO is firing it's engines.

Zenith bank just dey do anyhow

Index at 155k.

We should close the year at new ATH.
Then we'll push for 180k next month.

emmaodet:
→Rent vs. Buy
→Big Emergency Fund vs. Small Emergency Fund
→Pay Off Debt vs. Keep It And Invest More
→Cash On The Sideline vs. Always Fully Invested

There are no "right" answers to these debates.

Personal finance is personal.

True.

For emergency fund, I will say, have small emergency fund (cash). But have a larger emergency investment (e.g money market fund). This way, you're not holding too much cash and you're also not taking excessive risk while earning interests and maintaining a reasonable liquidity.

For debt (typically a leverage question), use less debt (low leverage). Do your maths and risk analysis well. This is generally the safer of the two options. The leverage will amplify your gains while you keep risk of ruin very low as your leverage level is low.

Diversify investments, and distribute (diversify) risk. Investments like money market funds, keep you invested and liquid while reducing your risk. With them you can stay almost fully invested and still manage risk (and liquidity).

In a nutshell, the answer would vary depending on the person but there is an optimal range that is suitable to most people based on risk, returns and liquidity.

Cheers!

Iskalamong!

Chai! Imagine holding Geregu now and you really want to sell.

nosa2:
Zenith bank just dey do anyhow

They both appear flat.

Raider76:
Chai! Imagine holding Geregu now and you really want to sell.

I had to go check the order book. SEE OFFERS!!!

otokx:
Thanks for the heads up.

I hold Zenith bank and I am not selling anytime soon. I am very bullish on it

nosa2:
I hold Zenith bank and I am not selling anytime soon. I am very bullish on it

Seconded so what can we buy?

nosa2:
This is what I don't get, it took me months developing and tweaking the spreadsheet I am using right now to guide my moves in the market. That's not to mention the countless books, articles and news programs I watch just to catch the next opportunity. After all that work (and I know people who do a lot more work) you now expect that just by calling guru in the house you will get free advise?

Lets be honest we are all taking educated guesses here, you win some and you lose some. Just yesterday I chop cool 8% loss on PZ wey I enter just before result. On the flip side what I rotated into seems to be doing the lord's work.

My point is that the real "Dearis God oh" behavior is from people who just think that by coming to a free forum you can actually get good reliable investment advise.

I can give advise oh, but only advise that I believe will benefit me first or at the very least wont hurt me by adding to demand or supply of what I am interested in.

Haba my oga from SMN.You never still change. You still be blunt and mean guy.I thought after you have gone to make all those billions in dollars from USA market. That u are back to ngx to help brothers and sisters in the Lord grow thr ministry..lol

otokx:
Seconded so what can we buy?

Add guru in the house and u will get an answer..lol

Raider76:
Chai! Imagine holding Geregu now and you really want to sell.

You'll have to be ready to give mouth watering discount!

Anyone ready to acquire a newly developed stock and investment app? Kindly let me know to provide more information.

awesomeJ:
Index at 155k.

We should close the year at new ATH.
Then we'll push for 180k next month.

It looks rabiu was the man nominated to do the job this time..lol

pluto09:
You mean a newbie should buy Transcorp hotel with a p.e of over 100

You too can see the kind of advice you get here for yourself.

Later when i clarify for newbies, they go talk say make i no clarify too much nobody is a baby lol

If you are reading this, just know that everyone is pushing an agenda that will positively affect their portfolio: do your own research