₦airaland Forum

megamart247:
OANDO is crawling out of the hole indeed.

A coy that is seeking regulators approval for a Right Issue @ #50 is currently trading at #35.

What does that tells you?

Agbalowomeri:
Oando gained 20kobo today o, don't play

Peterichy don finally reach village. All the way from N49. Wale is wicked

GeneralDae:
The poor and ordinary masses have always been there. In 2022, we had many of them and we were in danger of not having dollars to import (which would have doubled the amount of those poor in a few years). We were going to be a Srilanka with the struggle to get dollars to fufill our letters of credit due to the mounting FX backlog, the dominance of the black market and banks having no dollars to give.

Streetinvestor2:
I have some of them and I don't see them beating the real inflation on the street and devaluation unless u are using the nbs rubbish percentages that are not real

mikeapollo:
Yes. Buy if the target property price has moved from N50 to N150-N200m, they would still not be able to meet up unless they increase or double their investment capital. That is my point.

elpaso007:
Greetings everyone!

I am thinking of domiciling my long time holdings to one of these brokers, FSDH or Cardinalstone.

Which of them will you recommend I go with. How much are there respective account opening fees?

Your advice and experience with them will be useful. Thanks

@ymcy @Sunrisepebble @Karltom @Nosa @PaEmma @Agba @All

emmanuelewumi:
Be specific and we can check the figures to confirm

Agbalowomeri:
Lol this is his 77th repentance

GeneralDae:
Do you think printing around 13 trillion in 2022 and 2023 didn’t contribute to that inflation? Do you believe the inflation was caused by just this Government alone and not the previous one?

KarlTom:
OandO

'Unrelated'
"To manage oil price volatility and support revenue stability, the Group implemented a hedging programme covering 3,000 barrels per day using purchased put options at a strike price of $59/bbl. These instruments provide downside protection while preserving upside exposure..."

@ the bolded, see attached...

I also read somewhere (searching for the article) that ONLY the 8.83bn shares will qualify for the RI (i.e. excluding the distributed units)

Itzlinda:
True. If you time horizon is 3-5 years just buy index fund and you will be fine.

Stanbic ETF 30 was N250 3 years ago. It is 2200 Today. I no too tey for this world but it seems just keeping it simple and having patient pays up long time in the market. I am very sure Stanbic 30 ETF 30 index have outpermed most participant of this thread

mikeapollo:
G
In that case, the RI shares should not benefit from the share redistribution

londonerr:
I won't buy any fund I can't easily redeem from the owners... Stanbic Ibtc etf 30 crashed like a pack of cards from around 7k this year if I recall correctly ...one should not hold stanbic ibtc etf30, Oando and Access that would be a triple whammy ... I used to own ethical fund and when I saw it was reducing my gains I redeemed into the money market funds...

emmanuelewumi:
Good investments will adjust to inflation and devaluation, the investment income will also adjust

mikeapollo:
How?
How wou)d investment incone adjust when inflation and devaluation are inversely related to profits that would produce the income? The higher the inflation and devaluation, the higher the costs of production, the lower the profits and the higher the potential losses.
So how is investment income going to adjust just like that without hurting the operations of the company or investment? Is this a fanciful talk?

lawani:
But you are an investor according to you and people have commented severally here to explain to you. If you build a house with 50 million naira and there is inflation two years later, it will not affect your asset. The house will rise in value in response to the inflation and your rental income also will increase. It is the same when you have invested your money in shares

Inflation affects only people that save cash not people owning equity

lawani:
...Inflation affects only people that save cash not people owning equity.

HesInMe:
Where did you learn your own economics, abeg? Inflation hurts cash savers the most, yes, but it also affects equity owners. While stocks can hedge against inflation over time, high inflation often causes stock prices to drop. It raises company costs, lowers consumer spending, and reduces the real value of future profits.

If inflation didn't matter, central banks in economies with high capital formation, like the US, would not make price stability such a top priority.

ghm:
I am now hooked on 2 stocks despite the paper gains:
1. Aso Savings
2. Geregu

Lesson learnt: Beware of JIJOing. In JIJOing, exiting is as important as appreciation.

mikeapollo:
You think buying shares is the only form of investment in financial assets?
How would investment income from fixed income securities (interest income) adjust to the very high inflation and devaluation of naira from N450 to N1,450?
It is a simple logic in Economics and Finance : Generally, the high inflation and steep devaluation of the naira from N450 to N1,450 would lead to a decrease in profits and investment income (nominal or real, or both), all things being equal.

lawani:
But you are an investor according to you and people have commented severally here to explain to you. If you build a house with 50 million naira and there is inflation two years later, it will not affect your asset. The house will rise in value in response to the inflation and your rental income also will increase. It is the same when you have invested your money in shares

Inflation affects only people that save cash not people owning equity

ghm:
Thank you.

In addition, I may not know the economics of inflation, but my experience has shown that it is not as bad as we usually paint it. I see it as : we receive both good and evil, and we choose to emphasise the evil without mentioning the good.

For example, I have equipment leased to a company. Before 2019–2023, I was paid N1 million monthly, and after paying the operator and maintenance, I was left with N400,000 profit. In 2023, after the "reforms," my expenses jumped to N900,000, and I was left with N100,000 profit. In 2024, we asked for an increase due to the circumstances – inflation, exchange rate unification, subsidy removal, etc. – and N2 million was approved. My expenses jumped to N1.2 million again, and I was left with N800,000 profit, which has continued till 2026.

Now, most people will say my expenses jumped from N400,000 to N1.2 million – but they will never say my income increased from N1 million to N2 million.

The increases in salaries, allowances, prices of goods and services we offer, dividends, rents, etc., are a result of what we are complaining about bitterly – yet we hardly mention them, but cry foul over our increased expenses.

How do we explain that? Or am I missing a perspective?

missuzoma:
Good morning wonderful people of a great country. Is this a good time to buy Mecure stocks? Why is it in a 'freeze' mode sort of? Abeg, help a fellow.

lawani:
If you are doing fixed deposit. It means you are saving cash. You don't have equity you have cash. Cash isn't what we are talking about here. If inflation catches your cash in the bank, it will reduce it's worth and the bank will offer you a higher interest