₦airaland Forum

I nor tell una all ye Dangote so called Business Partners?

One of you here even insulted me for sharing my experience as per buying MMM shares like these.

You see you boys your life is as these worst cus instead to learn from experienced pipu so you won't make mistakes you chose insults simply with N200 you can sub for data to come on social and become a nuisance.

Shey una no wan hear word ba? Una eyes go clear..

Oya insult your VDM now for sharing this ultimate truth.

bigpicture001:
Aside this woman's story..we all know that Dangote flour never really made it...it is not like the refinery business...

This one will get share value rise...trust me..it will

.
Highly unlikely.

Oil price is at an all time high. It's expected to fall, a d with it, it's dividends.

Secondly, oil investment is stable due to governmental control, it doesn't rise sharply. And the investment is for dangote oil refinery Nigeria, not dangote oil in general. Which means that the value of the ones he would build abroad won't reflect.

.

Which stocks since the turn of the millennium have actually had exponential increase in value in Nigeria. Cuz me just dey always wonder how you go buy shares in 2005 for 30 naira nominal value sbi wetin d.dey call am, and today the share is between 18 to 35 naira. At the same time, you go dey see the media eulogize past and present CEO of banks. What exactly have they done other than fleecing the average earners

Juliearth:
Your friend is a rare gem. Keep him. Mutual funds and treasury bills are low risk investments with manageable interest rates. There are also stocks with good prospects, but one would need good foresight to figure them out from the myriad of other ponzi schemes posing as stocks and IPOs. Some people's millions were multiplied by 10 earlier this year through this venture. One way to know them is that they're hardly ever publicised on our dailies or electronic media. Financial analysts most times are the holders of these information.

Saturnalia:
In Nigeria, Any investment that you see being advertised openly on Radio, T.V, News Papers and the Internet is designed to con you out of your hard earned money.

The wealthy do not like competition. They like to maintain their monopoly over influence & power.

Why share that Influence & Power with the dregs of the society?

Investment that will make you rich & wealthy will be guarded & hoarded like a Gold Treasure. You will only hear its whispers and it will never be opened to the public.

So what should the masses buy? Treasury bills? Mutual funds?

ARISHEM:
What a loss

The loss is even more painful when you check and see that 2007's N11,000 is about N150,000 today.

Saturnalia:
In Nigeria, Any investment that you see being advertised openly on Radio, T.V, News Papers and the Internet is designed to con you out of your hard earned money.

The wealthy do not like competition. They like to maintain their monopoly over influence & power.

Why share that Influence & Power with the dregs of the society?

Investment that will make you rich & wealthy will be guarded & hoarded like a Gold Treasure. You will only hear its whispers and it will never be opened to the public.

People hate hearing this truth. Investments and information that can truly make you rich in Nigeria will not be advertised to you neither will the rich come out to beg you to be successful.
Its's either you have millions to invest and a lot of time that or you are an exclusive member of the top class. The next time someone tells you he makes millions from Nigerian stock market ask him how much he invested and for how long.

Luckybelt:
So what should the masses buy? Treasury bills? Mutual funds?

Just buy food and eat oooooo, else start up your own business and hustle to build it.

Jeezuzpick:
The loss is even more painful when you check and see that 2007's N11,000 is about N150,000 today.

It's more than that. It's more than 200,000.

victoryenergy:
The truth is that I don't think dangote flour mills is still functional, I stand to be corrected, secondly she still got her investment back, and some change on top, she can not call this a loss investment.

Lol. .what's the value of the gain right now from an investment of how many years ago

obinna58:
You don’t make money investing where a lot of people are investing, it doesn’t work like that, the matrix will break down.
Dangote is a thief

Obinna!

What has Dangote stolen from you to call him a thief?

When they come after you now, you will start running from pillars to unknown destinations.

Very many people are ignorant and will still refuse to learn and get informed.

In stock market, as with every aspect of life, you need relevant knowledge to make decisions. Stock markets all over the world is risky and it is not for dumb and uninformed people. You will lose your money, there is time to buy and there is time to sell. Many smart investors made good money from same Dangote flour back then.

If you know you will not have time to monitor your shares, you are better off buying Equity Trust Funds popularly called ETFs. The asset managers will manage the shares for you.

But when you buy and go to sleep for 20yrs and come back expecting one million percent increase in the value, it doesn't work like that.

And for the Obinna calling Dangote A thief shows your upbringing, if you do not desist from this manner less attitude, you and your likes will soon find yourselves in deep trouble down the road.

You either learn how to invest in stocks, there are enough materials on youtube and other social media platforms. Or you get asset managers to handle it for you.

Ignorance is a terminal disease, it destroys faster than cancer. And knowledge is antidote or vaccine to ignorance.

Jeezuzpick:
Just buy food and eat oooooo, else start up your own business and hustle to build it.

The lady that is complaining about Dangote, she should’ve been adding 10,000 naira every month to those shares since the IPO, by now she would be in millions.

Glimpsetv:

https://www.youtube.com/watch?v=VsHUFMcOY4k?si=OpY10zU61ld0OUv7

When neophytes tell the populace their experiences about capital market investing, veterans like us laugh it off and take it with a pinch of salt. The reason is simple. Our experience in the capital market helps guide our investment decisions.

Before we make a move, a lot of hours have been put into research into the company's history, performance, management and the environment where it operates.

Second is the favourite question ❓ what is our goal of investing on the company? We ask ourselves why are we investing, whether to trade it after it appreciates or keep for the short and medium term or long term. Some of us want to acquire those shares or equities in order to have a seat in the management board of that company or a complete takeover.

Third is how do we achieve the second goal and what strategies will we put in place to succeed in that mission. Do we buy in bulk or do we buy gradually till we achieve it.

Fourth what do we intend after we succeed.

Fifth is our exit strategy.

It takes consistent study to understand complex investing. Investing can make you rich when you get good advice that helps you in the right decision and direction and at the same make you poor if you do the opposite.

People made a lot of decisions on impulse and sentiments during the banking consolidation days of unhinged public offering in the late 2000s and got burned.

For me I succeeded in the capital market by investing consistently, setting aside twenty five percent of my salary and putting it in equities each month for close to nine years. I also invested for the long term say twenty years for the purpose of my kids tertiary education. I lost my job midway into my first two kids secondary school education and had to start liquidating some of them to start a bakery equipment business and to keep my keepu family afloat. I also bought some mutual funds too which I don't even remember until my kids stumbled on the share certificates. Oh my! It carried heavy value.

So investing in the capital market can be a business or for a particular purpose. It can be for retirement or just for any purpose set by the buyer.

As for the investment she made in Dangote Flour Mills, the company has been delisted and the shareholders paid off since 2019. She can contact their Registrars to ask for accumulated dividends and capital payoff by sending an email to

EDC Registrars limited.
23, Olusoji Idowu Street, Ilupeju, Lagos State (or 154 Ikorodu Road, Onipanu, Lagos)Phone Numbers: 01-4538671, 01-4538672, 08052927925, 08032216496

Email: info@edcregistrars.com

motymop:
Investment in shares can be profitable if you know what you are doing

I don't think dangote refinery will bring lot of returns for retail investors like seplat

Most professional traders will wait one year after the all news is down and maybe when oil price are down to buy the shares below ipo price

The rules are never buy when everyone is buying...wait till the noise is over

Can you explain this using MT’s shares for example?

HyAccent11:
People hate hearing this truth. Investments and information that can truly make you rich in Nigeria will not be advertised to you neither will the rich come out to beg you to be successful.
Its's either you have millions to invest and a lot of time that or you are an exclusive member of the top class. The next time someone tells you he makes millions from Nigerian stock market ask him how much he invested and for how long.

There is no truth in your statement, it is misinformation.

Billions of naira change hands every trading day. Both the rich and the poor buy shares everyday in the stock market.

Even the foreign portfolio investors have made over 100% returns on their investments within 2years or less.

For instance, i bought MTN for N350 less than a year ago, it sold for N856 this week. I bought hundred of thousands ofLafarge Cement for N165 in March 2026. It sold for N356 as at this week.

There are people who live on stock trading and are living large.

The difference is knowledge.

You must know why you are buying.

Every share of first bank bought by Femi Otedola were bought through the stock market.

The mindset of the poor is their greatest weakness and this can be changed for the better.

The same mindset can be an asset if it is guided with knowledge.

Can you drive a car. A plane or even catapillar without first learning how to operate??

You reasoning can tell so much about your life trajectory.

When you listen to people without knowledge, you can easily see why they keep struggling. They complain about govt, village people, neighbours, office colleagues, friends and family but they do not take responsibility for their lack of knowledge.

The idea of posting the dangote flour mill shares is to discourage fellow poor people like her to learn from her dumb approach to investing.

Get relevant knowledge before you invest in anything.

Even the Bible says "My people perish because of lack of knowledge". Ignorance is deadly can destroy faster than cancer and stop listening or sitting in the midst of ignoramus. They will drag you down the hallway of destruction

obinna58:
You don’t make money investing where a lot of people are investing, it doesn’t work like that, the matrix will break down.
Dangote is a thief

Dangote is not a thief O, the world is programmed to rip off mumu people. It's just like calling your Boss a thief because he makes a lot of money from his business while he pays you little money as salary. The rich think and look for LEGAL WAYS to make use of the poor, think about that.

Getting the right information about buying shares will give you a clue whether to buy ir not.

When my wife gott her share from her father's estate. I quietly invested the money in NIDF instead of all this fraudulent stocks on ngx. In a year she got 18k in four places. And value increased with 300k. Now how do I leave this for a share that is possibly going to rise in ten years time. The gospel truth buy tools and start a craft. In ten years time you will be better off than waiting for a monopoly merchant. The painful part is when u see a brand bringing advert to your doorstep like evening newspaper something is fishy. quote author=saintmm post=140745952]A real investment opportunity is not advertised, it is carefully and diligently searched out.

IPO is like the masses crowdfunding the business of the rich to get richer.[/quote]

But this is very bad...if some these big business men were to be politicians, their own will even worser than what the politicians are doing to us.
And Dangote kept collecting poor peoples' ₦5,250 to boost his refinery around Africa...very soon he will come out to claim that he's the richest man in Africa....gullible people are still falling for this tricks all in the name of becoming millionaire with just ₦100k IPO.

I told a friend that it is better he fix that his ₦100k to an opay or money point account for two years and compare the interest with that of person that buy Dangote IPO in the next two years.

That's the issue.Many Nigerians have very strong opinions about things they are completely ignorant about. See all the comments and not even one of them has mentioned that Dangote sold the flour business years ago.The new management delisted the company from the exchange. Any shareholder who did not collect his money then will now have to apply to SEC for the money. Ofcoursethe ROI now will not be good because at the point of delistment the amount payable became fixed and since then the naira has been massively devalued.

Bluntemperor:
Point of Correction 😮 .
-Is Dangote Now Flour Mill ?
-Has Dangote Not Sold -the business to Flour Mills Nigeria?
-Please, 🥺,let the Truth about investment be known to NIGERIANS - for is it the same Management at the business inception that is still there now - for I don't think so ?
Unless,the OP is just doing advertisement for the lady in picture 🖼️ above !
I stand to be corrected,if the Statement is not true !

Why are so many people so negative-minded? Just because something didn’t work out for someone doesn’t mean it won’t work out for you.

Some people keep saying there is no profit in stock investment, but what about those who invested in companies like MTN, Dangote Cement, or even Bitcoin? Many of them made significant profits.

So, don’t be discouraged just because someone invested in Dangote Flour and didn’t make much profit. Every investment is different, and past performance or someone else’s experience doesn’t automatically determine your outcome.

As for Dangote Refinery, we all know how important it has become to Nigeria’s economy and how much the country depends on it. That doesn’t guarantee that investors will make a profit, but it does mean there are reasons to pay attention to the company and understand its potential.

Don’t make your investment decisions based solely on someone else’s bad experience. Do your own research, understand the risks, and make your decision based on facts rather than fear or someone else’s opinion.

Luckybelt:
The lady that is complaining about Dangote, she should’ve been adding 10,000 naira every month to those shares since the IPO, by now she would be in millions.

N10,000 every month for 9 years is over a million Naira.

I can assure you that she would only have like N2 million to N3 million, even so.

If she had put in N1.08 million back in 2007, she would probably have like N3 million to N4 million now, which would be less than what she put in after checking for Naira devaluation and inflation.

Do you know that the N11,000 she put in that is N35,000 now, is actually worth N140,000 - N150,000 now, if she'd simply changed it to USD and kept it in a Dollar savings account in a US bank?

Just keeping the money in a US bank, in USD is a lot better than giving it to Dangote.

Don't take my word for it. Go and find the exchange rate back in 2007 and compare it with what we have now. While you're at it, compare the value of USD itself to what it was in 2007, then you will see the sense in what I wrote.

I have done a bit of the math already. Go and do it also.

ARISHEM:
It's more than that. It's more than 200,000.

I know. I didn't adjust the UD for its own depreciation when I did the calculation.

So all the people that claimed they onec put hundreds of thousands in a bank shares ended up with millions is just lies?

Nigerians too gather educated illiterates with Evil Mindset..
Something wey be say once it fully start to operates,na still same shareholders go buy it with their money ooo,no be say cos of Dem get share de go get free of it oooo...
Dangote no fit help the masses most of it Media don too hype am thinking like e de do better things for talaka

dominique:
Do people no longer receive yearly dividends from their shares?

for 11k shares them go dey credit her like 2kobo as divident every year..she should sell it and count her losses..why buy shares from just one company why she nor spread her risk with better money she for don b millionaire now

Saturnalia:
In Nigeria, Any investment that you see being advertised openly on Radio, T.V, News Papers and the Internet is designed to con you out of your hard earned money.

The wealthy do not like competition. They like to maintain their monopoly over influence & power.

Why share that Influence & Power with the dregs of the society?

Investment that will make you rich & wealthy will be guarded & hoarded like a Gold Treasure. You will only hear its whispers and it will never be opened to the public.

True just like the case of juicy employment positions to NNPC, EFCC, CBN and co., na only Police and Army them dey advitise make poor man join

givedemwotowoto:
Inflation ruined her earnings.

This is not about the inflation. N11k becoming 35k after 19 years is still discouraging even if there was no inflation. ROI is too little

Thank God I never buy and I won't buy anything useless investment.

HacheNoire:
Did you say same for GTCO when they were hawking oranges?

Go check how much those oranges cost now.

True. Orange don give me too much joy. Both capital appreciation + dividend yearly. Not selling anytime soon.

Shikena:
You asked the right question.
Did she receive dividends or not? Also, investing without basic education on the trade instruments may lead to disappointment based on ignorance.
Real long term investors re-invest their dividends in the stock and also buy more during dips.
Buying a stock one-off then sleep and forget is not serious investing.

Stop insulting people, Nigerian companies don't give meaningful dividends

maasoap:
Stop insulting people, Nigerian companies don't give meaningful dividends

Define insult in this context?

I'm not sure if you live in Gabon, India or Burundi but Nigerian companies do pay dividends. The question is if you understand how dividends work, so you can see that "meaningful" is relative.

Even in the USA, your dividend does not become substantial from year 1. That is one key investment education you need before you go into it.

Saturnalia:
In Nigeria, Any investment that you see being advertised openly on Radio, T.V, News Papers and the Internet is designed to con you out of your hard earned money.

The wealthy do not like competition. They like to maintain their monopoly over influence & power.

Why share that Influence & Power with the dregs of the society?

Investment that will make you rich & wealthy will be guarded & hoarded like a Gold Treasure. You will only hear its whispers and it will never be opened to the public.

You are a wise man. Nigerians think that if a genuine opportunity to invest in oil sectors really comes they will even hear about it not to talk of been able to get a chance to invest in it. And even if you have the chance to invest in it you will find out that the resources needed won't be the type to easily come bye. How many times do you hear that oil wells are up for grabs in this country? They are selling you IPO and you are jumping up and down. Thank your God that you didn't use all your life savings you will cry like a child in the future.

Iceberg3:
Dangote that wanna be world richest man,is he the one that wanna make you rich?

She should have bought bitcoins with that money

In 2007, Bitcoin did not exist, meaning you could not have bought any.The concept of Bitcoin was first introduced in late 2008 when its whitepaper was published. The network itself did not go live until January 3, 2009, when the first block (the genesis block) was mined.However, if we adjust the timeline slightly to when Bitcoin first established a recorded trading price in October 2009, the math reveals an astronomical return:The 2009 Price: When the first recorded exchange of Bitcoin happened in late 2009, 5,050 BTC were sold for just $5.02. This meant 1 BTC was worth roughly $0.00099.The Exchange Rate: At that time, 11,000 Nigerian Naira (NGN) was worth approximately $73.33 USD (using the 2009 exchange rate of roughly ₦150 per dollar).The Bitcoin Yield: If you had managed to buy Bitcoin at that initial rate in October 2009, your ₦11,000 ($73.33) would have bought you roughly 74,070 BTC.What that would be worth today:With Bitcoin trading at $86,157.00, those 74,070 BTC would be worth:In USD: Over $6.38 billionIn Nigerian Naira: Over ₦7.1 trillion NGN (based on a Bybit exchange rate of roughly ₦111 million per Bitcoin).