₦airaland Forum

GeeKudi:
I asked my AI model to use 2023 as reference price for these stocks and ask it to correct for both inlation and devaluation.

You these people and AI! Everything, AI!
Instead of using your Four-Figure Tables to do the calculation and sweat a bit to lose weight and keep fit!
AI don spoil all of una!

I think Bro Mike is moulded in Sowore's brand of activism. Never see good in anything or any other person other than self.

leave us ooo. It's the time we are in

mikeapollo:
You these people and AI! Everything, AI!
Instead of using your Four-Figure Tables to do the calculation and sweat a bit to lose weight and keep fit!
AI don spoil all of una!

GeeKudi:
I think Bro Mike is moulded in Sowore's brand of activism. Never see good in anything or any other person other than self.

Thanks for not seeing anything positive about me or my principles or opinions.
God dey.
Me too go ''GetKudi'' one day, then I will remove the ''t' and replace it with ''e''. E get why

To be sincere, I admire your consistency but I am worried for you about the amount of energy you expend doing this activism

mikeapollo:
Thanks for not seeing anything positive about me or my principles or opinions.
God dey.
Me too go ''GetKudi'' one day, then I will remove the ''t' and replace it with ''e''. E get why

Can you people just move to politics section?
What's all this? Common instruction, you guys can't stick to it.
This thread is for stock discussion. Try to stick to it. If you have any points to prove in politics, you know the better place to be.

Ignore ignore

mikeapollo:
These are the stocks I said may have positive returns after inflation and devaluation. See the last line in my post that you quoted earlier

Nahco

Presco

Okomu

Aradel

Seplat

Zenith

GTB

United Capital

Unilever

Custodian

Stanbic IBTC

Are in my portfolio and they beat inflation

mikeapollo:
Stop engaging in needless conjectures.
Where did you get the spirit of clairvoyance from?

''If Buhari had continued until 2026....''
How would Buhari had continued to 2026 when his 8 years limit terminated in 2023?
Are you just saying things to give you the rationale or justification to write or push what you have in your mind or what?

Okay let me put it in a better way:

“If” we had continued the Buhari policy (2020 -2023) of pegging the Naira and depending majorly on printing for our Budget in addition to the fuel subsidy, our fiscal situation would have been worse.

GeeKudi:
To be sincere, I admire your consistency but I am worried for you about the amount of energy you expend doing this activism

I am not into activism oooo. Not at all.
Apart from NGX, I am not on any platform; Not on X, not on Instagram, not on FB, nothing nothing.

But what I don't like is the hypocrisy of people who want to tell lies or twist facts so that their candidate can look good or better.
I am only using the same yardstick, standards and principles that current leaders used to criticize and assess past leaders.

I don't have any party. That's why I can praise Buhari today and criticize Tinubu. I can also praise GEJ and criticize OBJ. In fact, I criticized GEJ too for the way he handled Sanusi, a man that was helping to check corruption in the banks, NASS budgets etc.
During OBJ' tenure I was defending Tinubu for standing up against OBJ's tyranny.
But people just don't want to hear that their preferred candidate is being criticized. I don't defend Obi or Atiku when they are being criticized. But I focus more on the people that are entrusted with the resources and powers of the country i.e. the elected president and governors

emmanuelewumi:
Nahco

Presco

Okomu

Aradel

Seplat

Zenith

GTB

United Capital

Unilever

Custodian

Stanbic IBTC

Are in my portfolio and they beat inflation

Both inflation and devalution?
But congrats anyway

GeeKudi:
I asked my AI model to use 2023 as reference price for these stocks and ask it to correct for both inlation and devaluation.

Learn how to crunch the figures and not rely totally on AI.

Stocks with positive return after adjusting for inflation and devaluation are more than that

Nahco stock price about 3 years ago, it is now N154

GeneralDae:
Okay let me put it in a better way:

“If” we had continued the Buhari policy (2020 -2023) of pegging the Naira and depending majorly on printing for our Budget in addition to the fuel subsidy, our fiscal situation would have been worse.

Which do you want: printing money or unbridled borrowing?

Thank you, jare.

emmanuelewumi:
Learn how to crunch the figures and not rely totally on AI.

Stocks with positive return after adjusting for inflation and devaluation are more than that

mikeapollo:
Which do you want: printing money or unbridled borrowing?

How much is our total borrowing now in dollar terms? How much was it as at May 2023? Printing is borrowing but more deadly because you are creating new money making your money more abundant and worthless. With borrowing, you at least pay back huge interest but with printing you are tempted to defer it and just have exponential money supply

GeneralDae:
How much is our total borrowing now in dollar terms? How much was it as at May 2023? Printing is borrowing but more deadly because you are creating new money making your money more abundant and worthless. With borrowing, you at least pay back huge interest but with printing you are tempted to defer it and just have exponential money supply

Compare what Buhari allegedly ''printed'' and what has been ''borrowed'' by current govt.

mikeapollo:
Compare what Buhari allegedly ''printed'' and what has been ''borrowed'' by current govt.

Buhari printed 22 trillion naira (not allegedly because he presented it to the senate himself in 2023 for securitization). If we assume a rate of 450 naira/$ in all 8 years (for argument’s sake), that is almost $50 Billion. Are you saying this Government have borrowed $50 Billion?

Note: This $50 Billion is printed money only excluding other borrowings.

lawani:
When there was no free float, you did not have the right over forex that you earned. You can't cash a forex inflow from abroad. You have to hand it over to the CBN. It is no longer like that but there are still issues because the FG is a big player. They own up to 20 billion dollars of the total forex inflow of maybe close to 150 billion dollars per annum currently. However produce buyers, remittance payers, Nollywood and even manufacturers are also big players. The FG can sell their dollars at any amount they want. It is within their right but to sell it at a price fifty percent lower than others are selling it will still be wrong because it will amount to shortchanging the treasury

FG isn't perfect either.
But Rather the FG have control than any unknown 3rd party in the name of 100% perfect forex market which won't even exist.

FG will consider the interest of the country at large at some point unlike clique businessmen who would think of their pocket first for sudden windfall and then revert back just to shore up their account books.


It's a key sovereignty decision to just let loose.

What's really going on with AVACAP?

GeneralDae:
Buhari printed 22 trillion naira (not allegedly because he presented it to the senate himself in 2023 for securitization). If we assume a rate of 450 naira/$ in all 8 years (for argument’s sake), that is almost $50 Billion. Are you saying this Government have borrowed $50 Billion?

Note: This $50 Billion is printed money only excluding other borrowings.

How much has the current govt borrowed? Multiply both principal and total interest by N1400

It is coming home to mama

Ameboperoo:
What's really going on with AVACAP?

mikeapollo:
How much has the current govt borrowed? Multiply both principal and total interest by N1400

Actual Net Dollar Borrowing: According to Debt Management Office (DMO) records:

June 2023 (Taking Office): Total public debt was $113.42 billion (External debt was $43.16 billion). 

2026 - Latest DMO Records: Total public debt stands at ~$110.97 billion (External debt is ~$51.86 billion).

Jaakay:
It is coming home to mama

toyeoye:
Update: The volume explosion continues.
FTGINSURE has now traded 590.35M shares worth ₦1.52B.
It's now #1 by volume and #2 by value on the NGX.

FTGINSURE has taken over

GeneralDae:
Actual Net Dollar Borrowing: According to Debt Management Office (DMO) records:

June 2023 (Taking Office): Total public debt was $113.42 billion (External debt was $43.16 billion). 

2026 - Latest DMO Records: Total public debt stands at ~$110.97 billion (External debt is ~$51.86 billion).

You have not answered the question.
I did not ask for the current stock or balance of debts.
I asked how much loans has current govt borrowed since they came to office.

The two are not the same

mikeapollo:
You have not answered the question.
I did not ask for the current stock or balance of debts.
I asked how much loans has current govt borrowed since they came to office.

The two are not the same

With a devalued naira officially by x3 (and more), you have to borrow domestically (at the initial stage) by at least x3 or more to match the inflation else you get nothing done.

In the end, total debt stock is what matters. It shows that in real terms, the debt is not really increasing as you think it is when viewing it nominally.

GeneralDae:
With a devalued naira officially by x3, you have to borrow domestically (at the initial stage) by at least x3 or more to match the inflation else you get nothing done.

In the end, total debt stock is what matters. It shows that in real terms, the debt is not really increasing as you think it is when viewing it nominally.

You don't want to say how much this govt has been borrowing.
The debt stock does not tell how much the govt has borrowed because it is a cumulative balance.

If you dodge, I catch you. Cunning man die, cunning man bury am.

Ameboperoo:
What's really going on with AVACAP?

ZICHIS and AVA Scenario should be the last as per latest rule on listing
.

https://open.spotify.com/episode/3Z0nX2K1kRROFTNPiaP9eS?si=X69Yt6UcSbKyk_2WSmQVfA

Midday trading update for today's trading session on the NGX.

chimex38:
ZICHIS and AVA Scenario should be the last as per latest rule on listing
.

For newbies and those following MEGAWEALTH01...

In one sentence, from 3 August 2026, when a security is officially listed on NGX and all requirements have been satisfied, investors can start trading it from the opening bell of that same listing date.