₦airaland Forum

The hype around DANGOTE REFINERY just too much. Na why one Emir for North told people not to sell dem properties because of the IPO 😔

popoolaRofiat:
Mega

megawealth01:
AGBA, abeg it's like we go arrange 100k units of DANGOTE REFINERY for her bayi?

That is a man in charge

No nonsense

Women go mislead you and later say "Did I force you to do it"

Welcome to Nigeria, where they even help the poor buy DANGOTE REFINERY IPO as a form of empowerment. 😂🤣

Although I no believe the story but if true the guy is truly WEALTHY

Agbalowomeri:
That is a man in charge

No nonsense

Women go mislead you and later say "Did I force you to do it"

Thats to show how much Alhaji wants to empower Nigerians with wealth from his Refinery. Please take it. I pray you won't regret it

megawealth01:
They are even sending me a WhatsApp option with a buying option via WhatsApp. 😂 Nothing wey person no go see for this REFINERY IPO! 🤣

It is funny reading the comments people make. As if the politicians ruling us in Nigeria are not a reflection of us as a people?

Even though we will deny it and form holier than though when commenting, but any fair minded person will know that the problem with Nigeria lies firmly with the humans that live in it.

Expecting the character of the average politician to be radically different from that of the majority of the citizens is laughable.

The average Nigerian has very funny ideas about governance and public administration. Many people are actually fantasist, anarchist or confidently ignorant.

There is no messiah that will fix Nigeria.

Streetinvestor2:
To some people here on this thread. If you have a company today. And an applicant in bat physically and mentally state come to apply to become the manager. Ask yourself if you will accept him to handle such position.Will your family members allow you to continue to manage a family business if you find yourself in such situations too..How about companies listed on ngx.Will you support a ceo in this capacity
At it stand now,some will say even a dead body can be the president as long as he is not yet committed to the ground.
The you are quick to point fingers to ceo of companies on ngx for one thing or the other. You have no moral justification to do that to ceo of companies toi

@ Agbalowomeri you should be ashamed of always castigating wale about oando management

The question is: Who else can replace him amongst Atiku or Obi? I am not convinced we have good choices in the opposition.

megawealth01:
We cannot use the performance of a handful of stocks or the personal experiences of a few investors to draw conclusions about the entire stock market. A sound assessment of the market requires a broader analysis of market indices, sectoral performance, market breadth, trading volumes, liquidity and the performance of stocks across different categories.

In the financial market, individual experiences may offer useful insights, but they are not a substitute for objective, market-wide analysis.

What of market cap? Even using all of these you mentioned above, this stock market is currently at its second highest level ever (only behind the 2007/2008 season in some indices)

megawealth01:
WOW

Wait until I convert all my loots to dollars sha

You are still gaining in dollars if you bought the NGX as a whole in 2023 (hypothetically). You are also gaining slightly if you bought in 2013. You only lose based on dollar inflation, if you bought in 2007/2008

😂

faoogoke:
Thats to show how much Alhaji wants to empower Nigerians with wealth from his Refinery. Please take it. I pray you won't regret it

This reminds me of Wale and shareholders 😂

megawealth01:
Have you checked the prices of the properties you would like to buy in Dubai?

😂
Amen ooooo

So we should simply accept our sorry, cursed fate?

The "average" citizen has never changed any country. Typically, it's actually a few people of some means, education, or influence that capture the imagination of the masses and chart a different path. And they're almost never perfect "messiahs" -- just people who are pissed about the status quo.

hopeful95:
It is funny reading the comments people make. As if the politicians ruling us in Nigeria are not a reflection of us as a people?

Even though we will deny it and form holier than though when commenting, but any fair minded person will know that the problem with Nigeria lies firmly with the humans that live in it.

Expecting the character of the average politician to be radically different from that of the majority of the citizens is laughable.

The average Nigerian has very funny ideas about governance and public administration. Many people are actually fantasist, anarchist or confidently ignorant.

There is no messiah that will fix Nigeria.

Lol. Tell us: How much did they pay you?

Look around you. The French are protesting the cost of living. The Albanians are in the streets. Even the typically pro-market American voters are poised to give the ruling party a shellacking in a couple weeks, if the polls are right. If you think the typical Nigerian is better off than the French, the Albanians, and the Americans, despite our devaluation and high inflation, you probably need to see a professional. Most Nigerians don't own a stockbroking account, talk less of picking all the perfect stocks.

It's not just hate. There's real pain in the land.

vacanci:
Your hatred for Tinubu is beclouding your judgement and understanding of finance.

If it is mere reprising then the multiples of inflation should match that of the share price increase proportionally

I don't know economics and finance so much but the simple way I did my own measurements are as below

As far as I am concerned the following list below happened to me during the last 3.5 years.


1.House Rent X1.6 but my WAPCO at N40 is now almost X9

2. Data and airtime increased by about X1.5 my MTN I bought at N170/171 is around X5 currently

3. Food generally did not more than X3. My Presco at N410/N420 is around X5

4. Price of Fuel is around X6. However my public transport is X3. Seplat is now around X8 from the price then.

5. My biggest holding is TIP which majority of my entries were at 90 kobi and N1 is now X25.plus

6. Did inflation jump by these multiples

7. By what multiples was currency devalued compared to the above.

Above may not be the same for everyone but this is just my own experience so you can say all you can that I don't know finance. Yes, you are right but I have ways to measure myself and be happy with myself instead of constant bitterness


I don't know whether na the Oando that you have that is burning your soul because the owner share the same name with the president.

Agbalowomeri:
Oando don woundjure street

Lol.
For someone like me who knows about ngx.I stopped taking you serious when it comes to ngx business. I see you aa content creator for yrs now.How do any one who claimed not to be invested in something serious. The OPM for it stopped coming.

GeneralDae:
What of market cap? Even using all of these you mentioned above, this stock market is currently at its second highest level ever (only behind the 2007/2008 season in some indices)

Second highest how?

NGX didn't cross 80k in 2008

megawealth01:
Although I no believe the story but if true the guy is truly WEALTHY

Well you no sabi women

Dem plenty wey dey do this kain thing to their husbands

vacanci:
Your hatred for Tinubu is beclouding your judgement and understanding of finance.

If it is mere reprising then the multiples of inflation should match that of the share price increase proportionally

I don't know economics and finance so much but the simple way I did my own measurements are as below

As far as I am concerned the following list below happened to me during the last 3.5 years.


1.House Rent X1.6 but my WAPCO at N40 is now almost X9

2. Data and airtime increased by about X1.5 my MTN I bought at N170/171 is around X5 currently

3. Food generally did not more than X3. My Presco at N410/N420 is around X5

4. Price of Fuel is around X6. However my public transport is X3. Seplat is now around X8 from the price then.

5. My biggest holding is TIP which majority of my entries were at 90 kobi and N1 is now X25.plus

6. Did inflation jump by these multiples

7. By what multiples was currency devalued compared to the above.

Above may not be the same for everyone but this is just my own experience so you can say all you can that I don't know finance. Yes, you are right but I have ways to measure myself and be happy with myself instead of constant bitterness


I don't know whether na the Oando that you have that is burning your soul because the owner share the same name with the president.

Are u a joker.I can not even wish BAT to manage the affairs of an enemy.

For your analysis. I won't be surprised I have better figures than this over yrs when I put dividend received.

The difference btw us is I have high life expectations for myself and neighbours.
All you mentioned. Have you considered if emergency bill of 50 million and above comes.How you can handle it without reaching out to family and village people.

OANDO does not exist when it comes to valuation of my main portfolio.
I will only be at lost if onado goes below #20.I am not equally ready to sell any stock in my portfolio in the next 20 yrs so I can remove the money. If I sell it is just to rebalance to another stock with better prospects.

And your question on devaluation and inflation. Go buy land in good location and develop it presently. You will verify better on the X multiples you are celebrating.

F

GeneralDae:
The question is: Who else can replace him amongst Atiku or Obi? I am not convinced we have good choices in the opposition.

Anybody can replace anybody!
None of them is special, so let's stop this "who can replace him" talk! It is irritating!

vacanci:
Aswear.

When Tinubu win the election in 2027, they will need family members to stay very close so they can quickly manage a possible heart attack .

This life no too need stressing oneself like he is going about things

The majority of the youth who will decide the election are not comfortable with your kind of life expectations. And God is not that wicked to allow affliction happen the second time to Nigeria. He is already mentally dead.Go ask within your neighbourhood how many people are ready to vote him .You can even ask your family members and village people

GeneralDae:
The question is: Who else can replace him amongst Atiku or Obi? I am not convinced we have good choices in the opposition.

You mentioned only two names
You should have equally added even a tree as an option. That is how bad it is now

HesInMe:
So we should simply accept our sorry, cursed fate?

The "average" citizen has never changed any country. Typically, it's actually a few people of some means, education, or influence that capture the imagination of the masses and chart a different path. And they're almost never perfect "messiahs" -- just people who are pissed about the status quo.

You they mind him.The people who do it in different countries have two heads and better than Nigeria people

mikeapollo:
F

Anybody can replace anybody!
None of them is special, so let's stop this "who can replace him" talk! It is irritating!

You should be able to name one and justify why you think he is better. Abi na the one wey dey flip flop with no cogent economic plans?

mikeapollo:
F

Anybody can replace anybody!
None of them is special, so let's stop this "who can replace him" talk! It is irritating!

You’d rather jump from fry pan to fire all in the name of quickly jumping out of fry pan?

Your argument is partly correct, but the 2013 claim needs correction. Using approximate NGX All-Share Index levels and exchange rates, an investor who bought at the end of 2023 would have gained substantially in dollar terms by October 2026. However, someone who invested in 2013 or 2007 would still have lost value in dollar terms, even before accounting for US inflation.

The key point is that the NGX can rise significantly in naira terms while investors lose money in dollars because of naira depreciation. These estimates exclude dividends, which could improve actual investment returns.

GeneralDae:
You are still gaining in dollars if you bought the NGX as a whole in 2023 (hypothetically). You are also gaining slightly if you bought in 2013. You only lose based on dollar inflation, if you bought in 2007/2008

https://youtube.com/live/oCA06IkkT5s?feature=share

Discussing Transcorp Hotel 9M 2026 earnings, and the coming trading week on the NGX.

GeneralDae:
You’d rather jump from fry pan to fire all in the name of quickly jumping out of fry pan?

Nigerians are not in frying pan if you go around to see reality. They are already in hell.
I was in Enugu teaching hospital for 2 weeks and cried for people. How people are dumped at entrance of hospital emergency units with no help coming because they can not afford hospital money.I practically helped two people.
And the power supply to the hospital was unbelievable so to render some services was big challenge.
No wonder the baron does not believe in nigeria medical services. The good doctors have all left.Na doctors depending on AI full government hospitals
The private hospitals are something else.
Thr one doctor will take up all kind of case even issues outside his expertise

GeneralDae:
What of market cap? Even using all of these you mentioned above, this stock market is currently at its second highest level ever (only behind the 2007/2008 season in some indices)

How many companies listed on the stock exchange can be said to have been established as a result of any special or unique policy of this govt? None. Absolutely none!
Companies like MTN, Airtel, Dangote, Aradel etc all added to the stock induces but none came to exist because of govt. So this issue of giving credits to the govt should not be exaggerated..

megawealth01:
Your argument is partly correct, but the 2013 claim needs correction. Using approximate NGX All-Share Index levels and exchange rates, an investor who bought at the end of 2023 would have gained substantially in dollar terms by October 2026. However, someone who invested in 2013 or 2007 would still have lost value in dollar terms, even before accounting for US inflation.

The key point is that the NGX can rise significantly in naira terms while investors lose money in dollars because of naira depreciation. These estimates exclude dividends, which could improve actual investment returns.

In 2013, the NGX market cap was $87 Billion (if you account for inflation, that is about $120 Billion today).

Streetinvestor2:
Nigerians are not in frying pan if you go around to see reality. They are already in hell.
I was in Enugu teaching hospital for 2 weeks and cried for people. How people are dumped at entrance of hospital emergency units with no help coming because they can not afford hospital money.I practically helped two people.
And the power supply to the hospital was unbelievable so to render some services was big challenge.
No wonder the baron does not believe in nigeria medical services. The good doctors have all left.Na doctors depending on AI full government hospitals
The private hospitals are something else.
Thr one doctor will take up all kind of case even issues outside his expertise

Unfortunately, what you described is nothing new in Nigeria and Nigerians have been suffering. The FG is not doing well in the healthcare sector just like they have never done well on that since 1999 but what is the Enugu state Government also doing about it?

GeneralDae:
Unfortunately, what you described is nothing new in Nigeria and Nigerians have been suffering. The FG is not doing well in the healthcare sector just like they have never done well on that since 1999 but what is the Enugu state Government also doing about it?

It is federal government hospital not state government hospital. That is whr major medical problems are referred to go in SE
The private and state hospitals refer people to the federal teaching hospital.
if you see the number of rejected sick people daily. You will wipe because they lack bed space for admission.
if this country have medical emergency of 1 million people. I wonder what could happen in such case.