₦airaland Forum

Agbalowomeri:
Okay I take it that you didn't get the joke

No. I did not. I am sorry for my comments.

Agbalowomeri:
You sef don join the 'audio' billionaire geng

I have noticed that none of these super profitable moves are posted the day they are made. Why tell us you bought something and it did 10x when you didn't tell us the day you bought it and for the price you bought it.

For me the philosophy behind all this audio trades is fraud. They are looking for people to come and meet them to manage money for them.

I believe myself to be an above average analyst when it comes to picking out investments, I post my trades the day I make them. I don't do it so I can manage money for anybody (If you give me your money I will use it to eat suya). I post my trades here because I intend to show what is possible with good analysis, then I intend to stop posting here and post exclusively on www.ngxforum.com . If you want to keep having the discussions like that you are free to come and meet me there.

To all the people who know how to post historical super trades congrats. But if you want people to believe that you know what you are doing, post what you do the day you do it. If you cant do that then you are no different from Bernie


P.S I know two people on this thread who are billionaires, one has a portfolio of about N7b the other about N2b. none of them will come and be announcing themselves for security reasons

May we not become slaves to frugality.
Congratulations on your milestone. Perhaps if you had shared your narrative earlier, it would have motivated many members to follow suit. You may not realize the indirect impact of Mr. Emmanuel’s posts, which I often read while shaping my own strategies. Though we differ on a few issues—he is cautious about the overheated U.S. market, while I have long been an advocate of geographical diversification—his perspectives have been valuable.
Time flies; it feels like just yesterday. I supported your post on the AIICO narrative that year, and at the time I couldn’t even boast of a ₦50 million portfolio.
Indeed, God is helping ordinary people achieve extraordinary things.

Dupeodus:
No worries, brother. You used the phrase, 'extreme frugality' and I got the picture of a person I know with 6 brand new terraces at Lekki phase one but still drives a rickety car abroad where he resides. I am glad you mentioned my posts on AIICO. I should let you know that I exited the position to three big bangs just before the run up in insurance companies because I felt the banks were in the position AIICO was when I started to accumulate it, added to higher dividend potential. I do not have any regrets though as the current bull market has pushed the portfolio beyond the ₦1 billion mark and I believe there is still a long runway for growth for the banks. Over the 10 years or so focus on AIICO with less than 15% of the portfolio on UBA and Zenith, I cannot say that I put in more than , ₦100 million.

@Seniorman Paemmanuel,
I would like to understand why you removed NGX Group from your portfolio, as indicated in your rebalancing post few months back. The decision regarding AccessCorp is understandable.
However, I am of the view that NGX Group could start minting money like the CBN once the Dangote Refinery is fully onboarded.

emmanuelewumi:
Do you know that N1 million invest in Nahco in April 2021 is now equivalent to about N120 million in April 2026.

I know ordinary people with over 4 million units of Nahco and it is just one of the stocks in their portfolio.

If you make wise investment into the stock market from your business cash flow, building a portfolio of N1 billion is very possible in 10 years

nosa2:
I have noticed that none of these super profitable moves are posted the day they are made. Why tell us you bought something and it did 10x when you didn't tell us the day you bought it and for the price you bought it.

For me the philosophy behind all this audio trades is fraud. They are looking for people to come and meet them to manage money for them.

I believe myself to be an above average analyst when it comes to picking out investments, I post my trades the day I make them. I don't do it so I can manage money for anybody (If you give me your money I will use it to eat suya). I post my trades here because I intend to show what is possible with good analysis, then I intend to stop posting here and post exclusively on www.ngxforum.com . If you want to keep having the discussions like that you are free to come and meet me there.

To all the people who know how to post historical super trades congrats. But if you want people to believe that you know what you are doing, post what you do the day you do it. If you cant do that then you are no different from Bernie


P.S I know two people on this thread who are billionaires, one has a portfolio of about N7b the other about N2b. none of them will come and be announcing themselves for security reasons

This makes a lot of sense because people can choose to follow it and benefit from it. The funny thing is, that is the essence of the thread called "Nigeria Stock Exchange market picks". That’s why when people say I’m derailing, I just laugh and move on, well over 95% of what is posted here has nothing to do with the clear purpose of the thread.

Coming here to post Easter goats or talk about how ₦100k invested ten years ago is now ₦100 million is totally outside the real essence of the thread. We need to get back on track: post a stock and explain why you think it’s worth buying. Anything else is technically off-topic.

Just as I was asked to open a new thread, others can do the same for those kinds of posts.

Mankind2024:
@Seniorman Paemmanuel,
I would like to understand why you removed NGX Group from your portfolio, as indicated in your rebalancing post few months back. The decision regarding AccessCorp is understandable.
However, I am of the view that NGX Group could start minting money like the CBN once the Dangote Refinery is fully onboarded.

I can't be every where?

Used to have over 60 stocks in my portfolio.


I now have about 18 stocks on NGX, 2 stocks on NASD and 8 tranches of FGN bonds

Making 28 securities in the portfolio.

I bought Presco, Nahco, Aradel and Zenith with the proceeds and they are doing well

ositadima1:
This makes a lot of sense because people can choose to follow it and benefit from it. The funny thing is, that is the essence of the thread called "Nigeria Stock Exchange market picks". That’s why when people say I’m derailing, I just laugh and move on, well over 95% of what is posted here has nothing to do with the clear purpose of the thread.

Coming here to post Easter goats or talk about how ₦100k invested ten years ago is now ₦100 million is totally outside the real essence of the thread. We need to get back on track: post a stock and explain why you think it’s worth buying. Anything else is technically off-topic.

Just as I was asked to open a new thread, others can do the same for those kinds of posts.

I don't think I agree with you on this. We differ in our approach to things. Posting such achievements is also a motivation to what is achievable to confirm or refute some strategies on the long game. I won't do such but that doesn't mean I disapprove. It is still stock pick related if I say I bought X for Y naira and for Z reasons and after 10 years, look at the exponential growth.

Agbalowomeri:
I don't think I agree with you on this. We differ in our approach to things. Posting such achievements is also a motivation to what is achievable to confirm or refute some strategies on the long game. I won't do such but that doesn't mean I disapprove. It is still stock pick related if I say I bought X for Y naira and for Z reasons and after 10 years, look at the exponential growth.

Then me posting about the war in Iran is also appropriate, because its effects are felt on the NGX as well. Anybody can post anything as long as they can link it back to Nigerian stocks, directly or indirectly.

Do you still have your GTB bought from 2003?

rmx:
Congrats on your milestone

It’s inspiring to be in the midst of a billionaire on this thread

Had to bring out something a lot of people constantly forget which you alluded to here , entrepreneurship/ having your own business as a catalyst for financial prosperity and freedom , yes be diversified into stocks , mutual funds , real estate , crypto , gold , whatever , but also keep paying attention to your personal hustle especially if you have a thriving or scalable business with decent margins , even if it’s a 9 to 5 job , pay attention to your career , that’s what brought the seed money to invest anyway , I personally can put funds to better use than most of the returns I get in stocks even after decades but I still invest regularly across board in some of this asset classes when I see opportunities

People always forget that stocks are also businesses run by others

Try to dey enjoy your wealth small small if not doing that already , balance is everything , I particularly learnt that lesson in 2009 / 2010 when we discovered a massive fraud in one of our enterprises after years of running lean and being frugal . Enjoy

The U.S. market requires utmost patience. It often does not respect technical analysis (TA) or even fundamentals (FA) in the short term, as prices are largely driven by economic news and sentiment. A company can report massive profits and still get battered by Wall Street reactions. Likewise, a company may perform strongly on fundamentals but suffer simply because it is not doing well in the Chinese market—just ask Tesla, Nvidia, and Apple.

In the U.S. market, I built my portfolio around strong index funds so that even if I leave it untouched for five years without adding new investments, it can rebalance itself. At the same time, the app I use makes it possible to group different stocks together and invest in them simultaneously. This is called a “pie.” If I invest $2,000, the pie automatically distributes the funds across the constituent companies based on the allocation I set.

Back home on the NGX, we have fewer than 160 listed companies. Within sectors, there are long-standing rivalries, and companies often move in line with similar fundamentals. All you need to do is select the companies that match your long-term goals and remain consistent. Ignore the heavy promotion around stocks like Royalex, Japaul, Omatek, and others in that category.

You can also consider some frontier companies that are not currently in the spotlight but have strong long-term potential. Above all, management statements often provide useful hints about the direction a company is heading.

NSEstudent:
Thanks for sharing and the opportunity to ask questions.

1. What do you use to determine the stocks you buy? I suppose it's FA metrics, what specific metrics?
2. Do you use the same metrics across NGX and the US market?
3. Do you pay strict attention to macroeconomic factors?
4. When do you exit your positions and why?

ositadima1:
Then me posting about the war in Iran is also appropriate, because its effects are felt on the NGX as well. Anybody can post anything as long as they can link it back to Nigerian stocks, directly or indirectly.

Yes na but that one is indirect effect and it's allowed as long as it doesn't become tangential. I think that is where the problem lies

debeey87:
Do you still have your GTB bought from 2003?

Baba don use am chop suya

Agbalowomeri:
I don't think I agree with you on this. We differ in our approach to things. Posting such achievements is also a motivation to what is achievable to confirm or refute some strategies on the long game. I won't do such but that doesn't mean I disapprove. It is still stock pick related if I say I bought X for Y naira and for Z reasons and after 10 years, look at the exponential growth.

You do realize that most of these posts are lies and more dangerously, are preludes to scamming others.

Agbalowomeri:
Yes na but that one is indirect effect and it's allowed as long as it doesn't become tangential. I think that is where the problem lies

The problem lies in definition, your definition of topic relevance is different from mine. Either you allow any discussion that can be linked to NGX stocks, or you limit it to the original intent of the thread. If you no gree na war be that.

nosa2:
You do realize that most of these posts are lies and more dangerously, are preludes to scamming others.

People will be scammed anyway regardless

Agbalowomeri:
People will be scammed anyway regardless

Fair point

I hope u dey chop good life.

Investment is for you and you're not for your investment fa.

Well, you know better as you're long in the game.

__
Halal_investor

Mankind2024:
When Savings and Investment Are Not Optional, but a Priority
Growing up with Iya Ijebu, my late maternal grandmother, shaped my mindset about money. I ended up living with her because my father was a polygamist — three wives, many children. Resources were stretched, and everyone had to learn early.
I remember that at age six, I already had a kolo (a clay piggy bank). She would give me coins to put inside it. More importantly, she taught me discipline — I had to keep it in a secret place where only I knew. I enjoyed filling my kolo with the Nigerian coins of those days. Apologies to the generation of Nigerians who never had the privilege of spending coins.
Fast forward. After high school, while waiting for my SSCE results, I worked at a construction site known locally as Birisoke (a Yoruba term). You earned your money in cash at the end of each day. That experience taught me the dignity of labour and the value of money earned through sweat.
By God's grace, I passed my SSCE with five credits and four distinctions. University admission, however, did not come easily. The era of late Abacha was marked by endless strikes. Looking back, those years felt even tougher than the present economic situation in Nigeria.
Eventually, I gained admission into my favourite varsity — Aqua Marine. The Akokites will understand the reference.
After graduating with a Second Class Upper, NYSC posted me to Abuja. At the end of my service year, I travelled across Nigeria searching for a job that never seemed to exist. But giving up was never an option.
Eventually, I was privileged to secure employment with the Federal Government. I was deployed to a toxic ministry where I quickly realised that your degree does not automatically place you above a director or manager with an ordinary level certificate or even an Arabic certificate, who has spent 10–20 years in service. You are answerable to them. The system is structured around “first come, first rise.”
After three years, I knew that environment was not for me.
Then opportunity came. A retiring merchant was selling his business in a prime location in Abuja — high human and vehicular traffic (don’t ask me the location). I took a bold step. I bid for the business and financed it using a personal loan, proceeds from disposed equities, and an aggressive investment fund I had been consistently building.
By the grace of God, the business returned my purchase price twofold in the first 12 months.
The rest, as they say, is history.
When life was tough, I blamed everyone — the government, Goodluck Jonathan, and even the so-called village people. Today, I see things differently. Government is not the primary reason many people struggle. Even the “village people” have their own trailer loads of problems.
The real issue is mindset.
Learn from many Igbo traders in Abuja. Some never worked for government, some never attended formal universities, many speak mostly pidgin English, yet communicate effectively in Hausa. They are extremely successful in their chosen entrepreneurship.
Meanwhile, many graduates with multiple degrees and polished grammar are still waiting for government rescue.
From my observation, there may never be collective prosperity in Nigeria. Individuals must free themselves from the oppressive system through personal initiative.
I refused to japa because I am my own boss. I believe my colleagues who relocated abroad cannot look down on me in any endeavour of life.
If I have just one request from the Nigerian government, it would be this: fix electricity. I want to venture into a 20-ton agro-processing factory capable of turning ₦2 billion into ₦8 billion within five years. The only limiting factor is stable electricity. Diesel or solar significantly erodes both seed capital and projected profits, based on my feasibility studies.
Finally, savings and investment are not optional — they are priorities.
We should enjoy life, but also plan for the years ahead.
With God, we will surely reach our goals.
NGX mission: ₦1B achieved.
NYSE mission: $1M — on course.

debeey87:
Do you still have your GTB bought from 2003?

I do

Agbalowomeri:
People will be scammed anyway regardless

I don’t think this particular person is a scammer; I see him more as an attention-seeking, ego-boosting fellow, lol. I remember one of his many posts where he was praising U.S. stocks, what he called the “Magnificent 7” or something, and the Trading 212 brokerage.

Right after that, someone asked how they could start using Trading 212, and his response was that they had stopped registering Nigerians for years. So what was the bloody point of writing a long epistle praising Trading 212 when it’s almost useless to anyone who might want to go down that path?

Since everyone here na billionaire, I declare myself trillionaire!

Agbalowomeri:
You sef don join the 'audio' billionaire geng

Let me know what will stop me from scaling stanbic by exactly 10 o clock tomorrow,

HesInMe:
Since everyone here na billionaire, I declare myself trillionaire!

You may have to change your moniker to ElonIsInMe 😂

Agbalowomeri:
Baba don use am chop suya

Or u use am carry babes... tell the truth Bros

Ideally, I should ignore you. We have never been friends. This is a faceless forum, for goodness’ sake—what kind of attention would I be seeking from opium-copium comments like yours?

For the record, I never knew about the existence of T212 until someone introduced it to us in 2019/20 during the U.S. stocks pick alert session on Nairaland. Many people, including me, registered successfully, while others were rejected. It was widely discussed at the time.

Later, in 2023, I tried to register my wife, and that was when I realized Nigeria had been removed. T212 still requests my address and bank statements yearly.

I avoid you like a plague. You believe brilliance and sophisticated knowledge of TA are the secrets of success in the market. Time has proven you wrong—consistency beats brilliance.

I have never exchanged private messages with any living or dead members on this forum, except for one fellow member in 2016. I have created and deleted many monikers because of bullies like you. These days, I prefer to mellow down—as a father and with growing wisdom.

Back in the days of Goodluck Jonathan, when I was a veteran in online warfare, you would not have dared me. My archive is loaded with GB52-level ordinance words for the likes of you.

ositadima1:
I don’t think this particular person is a scammer; I see him more as an attention-seeking, ego-boosting fellow, lol. I remember one of his many posts where he was praising U.S. stocks, what he called the “Magnificent 7” or something, and the Trading 212 brokerage.

Right after that, someone asked how they could start using Trading 212, and his response was that they had stopped registering Nigerians for years. So what was the bloody point of writing a long epistle praising Trading 212 when it’s almost useless to anyone who might want to go down that path?

Hopefully Japaul starts the upside magic by next month.

SonofElElyonRet:
O Japaul, I look to thee to match this performance.. Jegede, I beseech thee.. do not disappoint

Thanks for your honest response. I thought there might be something you knew that the rest of us were not aware of.
May you continue to enjoy your wealth in good health and prosperity.🙏

emmanuelewumi:
I can't be every where?

Used to have over 60 stocks in my portfolio.


I now have about 18 stocks on NGX, 2 stocks on NASD and 8 tranches of FGN bonds

Making 28 securities in the portfolio.

I bought Presco, Nahco, Aradel and Zenith with the proceeds and they are doing well

presiade:
Characters have been through this thread! Who knows ihedioramma‘s whereabouts?

Lol @bolded... You must have really gone back Memory Lane of this thread..

I can relate.

nosa2:
You do realize that most of these posts are lies and more dangerously, are preludes to scamming others.

Those that have been scammed would have called them out

Panadee:
You may have to change your moniker to ElonIsInMe 😂

Elon is really chasing $1Trillion dolls... #Crazy

emmanuelewumi:
I can't be every where?

Used to have over 60 stocks in my portfolio.


I now have about 18 stocks on NGX, 2 stocks on NASD and 8 tranches of FGN bonds

Making 28 securities in the portfolio.

I bought Presco, Nahco, Aradel and Zenith with the proceeds and they are doing well

Please how can one buy on NASD? I have eyes on a particular company that retails gas but they're not in the ngx but they're in nasd

I am waiting for the audited result for the following companies :
1. Accesscorp
2. UBA
3. Firstholdco
4. Fidelity bank
5. Aradel
6. Presco (always fond of releasing result late)
7. Japaul

I am presently calculating dividend am expected to receive, they are therefore delaying my calculation as i want to plan with the money

While outright scamming is relatively rare on this thread, manipulation is unfortunately quite common.
In over 16 years of active participation, I had never come across any reports of NSEMPA member being a victim of a scam — until now.
What these heartless and faceless manipulators do is identify stocks clearly headed for delisting, aggressively hype them through coordinated campaigns, and then dump their bags on unsuspecting retail investors. These investors often skip basic due diligence, such as reviewing the balance sheet, preferring instead to chase handouts and hot tips.
In other words, they treat these people as mere liquidity pawns before quietly exiting the very stocks they were promoting as 'the next best gold producer in the world.

emmanuelewumi:
Those that have been scammed would have called them out