Prof you’ve got anything to say about Transcorp ? I have little in my portfolio

OakPearl:


Exactly my worry.
I just love the way they shower me with dividends twice every year.

You cant go wrong with a stock,paying 10% yield and above.Lets just keep enjoying the dividend my brother until the investing public discovers the goldmine in it,we can then sell it to them at 9+,then come back later or move the funds into more juicy terrain �

so we need 3m dollars to take part in Airtel IPO. over 1b Naira

Northeastern:


There are no free lunches in the financial markets. How can there not be risk of exchange rate volatility? Those yield are rewards for risks, so higher yields comes with higher risks. There is however value if you can speculate the future direction of exchange rates and then trade in line with your expectation.

See the first two snapshots below. The first is the performance of the cedi against the dollar while the second is the performance of the naira against the dollar. Both currencies lost ground against the dollar in the last 5 years but the naira lost more, the third snapshot proves this point - you need less cedi today to get a naira compared to 5 years ago. If you had invested in Ghana 5 years ago you would have earned those yield plus exchange rate gain, by now, you would have l owo bi Adnuga.

I do not expect going to Ghana now to be a good bet because I think the naira would strengthen in the next 36 months. Aliko has started producing fertilizer and refining of petroleum products will start soon, max next year. Even if he doesn’t export to earn FX, our demand for FX will be down by about 33%(not sure of this figure and can confirm atm) as that is what the cbn uses to fund fuel imports.

For me, any bet against naira assets with a horizon of 36+ months will not payoff.

Good analysis. here my part.

Anything dat will make ghana devalue/nigeria will also follow suit. it a cycle.

Why r u worried abt devaluation ? when stock will b cheaper? like if devaluation occur d stock market will suffer more ,u barely av nothing to lose except inflation in fixd income.

As for me am even betting against d naira for long time. everyone shouting dangote refinery dangote is not even a fool to use nigeria bank after all the foreign loans. most refinery dont sales oil in local currency

the only advantage is no more subsidy fraud since we wount import oil again...

but can you bet that oil price will stay above 65$ till the next 2-3yrs? if the price drop below 40$ we will devalue.


So you think policitians/CBN/President /NNPC will let the 33% u talk abt have effect to the reserve ? dey will steal it.pension fraud/susbidy fraud/ amcom fraud/ allocation fraud..

What happened to the 44 items band by cbn gorv...did naira get stronger ?

if i see 15% for t.bill.jaapaa.

Mcy56:

Thanks for this inspiring post Mr. Gentlesomebody. God bless you.
I actually wanted to say something similar but not as detailed as this sometimes ago when one nairalander, Hungerbad (RIP) serving in the US Army died.... but I refrained from doing so on second thought.
A thread or even two threads were opened for him and, my people, you need to read the testimonies of Nairalanders in that thread.
I was really touched by the comments on how he helped and assisted a lot here. Just like Lydia in the Bible.
Let's try our best to be a giver and 'invest' in the things of God, the needy and the less privileged if its in our capacity to do so. This is a great service to God and humanity and the Good Lord will not forget our labour of love in Jesus name.

Oh... don't mention my dear !!

I was around idiroko border axis and the air was filled with implications of removal of ban on tokumbo vehicles............my thoughts are that once the ban is lifted.........I would accumulate petroleum marketing stocks as they will be the highest beneficiaries of cheap vehicular imports..........I also see the lifting of this ban as a strategic move to the commissioning of dangote refinery

tritritri:



Good analysis. here my part.

Anything dat will make ghana devalue/nigeria will also follow suit. it a cycle.

Why r u worried abt devaluation ? when stock will b cheaper? like if devaluation occur d stock market will suffer more ,u barely av nothing to lose except inflation in fixd income.

As for me am even betting against d naira for long time. everyone shouting dangote refinery dangote is not even a fool to use nigeria bank after all the foreign loans. most refinery dont sales oil in local currency

the only advantage is no more subsidy fraud since we wount import oil again...

but can you bet that oil price will stay above 65$ till the next 2-3yrs? if the price drop below 40$ we will devalue.


So you think policitians/CBN/President /NNPC will let the 33% u talk abt have effect to the reserve ? dey will steal it.pension fraud/susbidy fraud/ amcom fraud/ allocation fraud..

What happened to the 44 items band by cbn gorv...did naira get stronger ?

if i see 15% for t.bill.jaapaa.

Hmmmmmmmmmmmmmm
All kinds of fraud.. including the 300,000 homes..
that one still they shock me till today..
loot wey you recover ? If you don’t know what to do with it, leave am for central bank..

Northeastern:


There are no free lunches in the financial markets. How can there not be risk of exchange rate volatility? Those yield are rewards for risks, so higher yields comes with higher risks. There is however value if you can speculate the future direction of exchange rates and then trade in line with your expectation.

See the first two snapshots below. The first is the performance of the cedi against the dollar while the second is the performance of the naira against the dollar. Both currencies lost ground against the dollar in the last 5 years but the naira lost more, the third snapshot proves this point - you need less cedi today to get a naira compared to 5 years ago. If you had invested in Ghana 5 years ago you would have earned those yield plus exchange rate gain, by now, you would have l owo bi Adnuga.

I do not expect going to Ghana now to be a good bet because I think the naira would strengthen in the next 36 months. Aliko has started producing fertilizer and refining of petroleum products will start soon, max next year. Even if he doesn’t export to earn FX, our demand for FX will be down by about 33%(not sure of this figure and can confirm atm) as that is what the cbn uses to fund fuel imports.

For me, any bet against naira assets with a horizon of 36+ months will not payoff.

I endorse this post !!
...but only if its well seasoned with due diligence.

Good one dear.

DO THE WORLD HATE OR LOVE YOU?

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/22#79576179

Yayira:


Yes oo.. I no want

Larger is not ALWAYS better....
Efficiency is the key word.
Better to manage on Veecovee's bicycle.

This man ...

Yayira:
Prof you’ve got anything to say about Transcorp ? I have little in my portfolio

Keep adding, a leopard never changes its skin!

Mcy56:
It just occurred to me that all of you kept mute when we mentioned that Regains cancelled dividend pay out but when fidelity cut dividend from 22k to 11k, we know how many pages you wasted doing forth and back with Chibuking being the chairman then.
Issorite. Another one will happen, let's see anyone drag it beyond one page and see if police will not arrest him/her.
Its only Mpeace that said one good point and spoil it with the second point.
On a serious note, these corporate thieves are taken investors for granted too much, it's just too bad. Well, we're getting wiser by the day.

What else do you EXPECT in a country that INEC claims not to have SERVER

Someone's MANDATE was stolen you didn't bug now your dividend is stolen you want heaven to fall.

Well keep Enjoying your NEXT LEVEL while some of us awaits the REAL market crash in order to take VINTAGE POSITIONS..

*ThE OcToPuS*

Interesting news from Ghana.
Ghana is now the the highest gold producer in the Africa
https://m.fin24.com/Economy/sa-loses-african-gold-crown-to-ghana-20190610-2


Ghana could be the 4th largest oil producer by 2020

https://www.reuters.com/article/ghana-oil/ghana-could-be-africas-number-four-oil-producer-by-2020-report-idUSL8N1BX52H

With moderate and manageable population, the economy of Ghana is set to explode in the next decade.
I think, the government of that country has a road map and it appears they understood what they are doing.
You can imagine the foreign inflows that will oversubscribe the TB and bond issue by the central bank of Ghana (BOG) Your guess is as good, if not better than mine.
I can see Nigeria investment firms getting thousands of requests in the coming days on offshore investments.
We are playing investme games with the smartest people in the world. I will not be surprised if the Power to be block this move.,
Same way the present government made it difficult for people to benefit from the storage of Wealth by overdefending the Naira with over $48 billion in one year.
Buhari or EMEFIELE like it or not, the US $ remains a storage of wealth. Swapping Naira for yuan will only spell a doom for the Naira.
You do the right thing, Investors will flock to your country.
The transfer of wealth is grossly retarded under Buhari regime.
The nation is contracting daily

PETERiCHY:


What else do you EXPECT in a country that INEC claims not to have SERVER

Someone's MANDATE was stolen you didn't bug now your dividend is stolen you want heaven to fall.

Well keep Enjoying your NEXT LEVEL while some of us awaits the REAL market crash in order to take VINTAGE POSITIONS..

*ThE OcToPuS*

Better leave wailing for now or you will do that for next 4yrs.If market crashes tomorrow, it will not be the first and for sure it will not be the last!

arduino:


2yrs @19.50? Na Ghana sure pass be that.
Can one buy via GTB Nigeria?

Please any idea what the Ghanaian inflation rate is? Anything like Withholding Tax? And what percentage, if any?
Please if you get any information, do share with us.

Northeastern:
There are no free lunches in the financial markets. How can there not be risk of exchange rate volatility? Those yield are rewards for risks, so higher yields comes with higher risks.

Well said at the bolded. Even though I no sabi book but with the little I read here, anyone porting should weigh all options from every angle including change in government policies before porting cos I know fit read plenty pages here o. Enough said.

Mcy56:

Well said at the bolded. Even though I no sabi book but with the little I read here, anyone porting should weigh all options from every angle including change in government policies before porting cos I know fit read plenty pages here o. Enough said.

Na lie o

PETERiCHY:
What else do you EXPECT in a country that INEC claims not to have SERVER
Someone's MANDATE was stolen you didn't bug now your dividend is stolen you want heaven to fall.
Well keep Enjoying your NEXT LEVEL *ThE OcToPuS*

Lol. Peter what role was I supposed to play here? Shebi they've gone to court, let court decide on it now.
Na case of 'do me I do you' and they're all not innocent.
My dividend is however my sweat and ROI, abeg make I ask wetin happen to it o, even if na 0.01kobo.
If they chop am, heaven will still not fall cos life itself is a risk. In investment, we win some we lose some, it can only make us better, wiser and stronger.

jamace:
Na lie o

Lol. Na evening school I go na.

Godlylifeoneart:
Interesting news from Ghana.
Ghana is now the the highest gold producer in the Africa
https://m.fin24.com/Economy/sa-loses-african-gold-crown-to-ghana-20190610-2


Ghana could be the 4th largest oil producer by 2020

https://www.reuters.com/article/ghana-oil/ghana-could-be-africas-number-four-oil-producer-by-2020-report-idUSL8N1BX52H

With moderate and manageable population, the economy of Ghana is set to explode in the next decade.
I think, the government of that country has a road map and it appears they understood what they are doing.
You can imagine the foreign inflows that will oversubscribe the TB and bond issue by the central bank of Ghana (BOG) Your guess is as good, if not better than mine.
I can see Nigeria investment firms getting thousands of requests in the coming days on offshore investments.
We are playing investme games with the smartest people in the world. I will not be surprised if the Power to be block this move.,
Same way the present government made it difficult for people to benefit from the storage of Wealth by overdefending the Naira with over $48 billion in one year.
Buhari or EMEFIELE like it or not, the US $ remains a storage of wealth. Swapping Naira for yuan will only spell a doom for the Naira.
You do the right thing, Investors will flock to your country.
The transfer of wealth is grossly retarded under Buhari regime.
The nation is contracting daily

Nigeria -> 11th worlds largest producer of Oil

Ivory Coast -> 1st largest Cocoa producer in t the world

Ghana -> 2nd largest Cocoa producer in the world and 10th largest Gold producer


Imagine if we produce the final product. West Africa will be small London.. even tho I know our leaders will still steal but things will be far better..
Abeg make we pray for Dangote.. we produce but at the end we left with peanut

DeRuggedProf:


Keep adding, a leopard never changes its skin!

Prof Prof ! Abeg where my touchlight ?!!
I dey come your house like this can’t wait for daybreak.. you need to explain this parable to me

Yayira:


Prof Prof ! Abeg where my touchlight ?!!
I dey come your house like this can’t wait for daybreak.. you need to explain this parable to me

Don't bother about touchlight, the moon has been put in the loop....
Thank God, I am taking market share from Agba....
Patience is not only a virtue in the capital market....
Veecovee, postpone your visit to my house for a week, I have offered myself for arrest....
Yayira must extradite me to Ghana, I told my lawyers not to fight back, I am guilty...

DeRuggedProf:


Don't bother about touchlight, the moon has been put in the loop....
Thank God, I am taking market share from Agba....
Patience is not only a virtue in the capital market....
Veecovee, postpone your visit to my house for a week, I have offered myself for arrest....
Yayira must extradite me to Ghana, I told my lawyers not to fight back, I am guilty...

Lol

Yayira:


There’s no devaluation oo but our currency is suffering against all major currencies $€£..
when I read here about how our foreign brothers with hard currency are trooping into Ghana, I went asking questions..cos I’m currently not in the country..
My 58 years old mom was the first to play me scores.. and since then I’ve been seeing 19,50% everywhere.. lolz if I go for 5 years ( at least by then buhari would be through with his next level)
Turns out the government “over” promised the people so they needed to borrow money to fulfill their promises lolz or get voted out.. they want to impress the people..
This made yields high.. plus stock market, GSE CI is down by 6% YTD so people prefer to lend to the government instead..

The main reason to me, is the promises they made in their budget..

Ok got you. Thanks for the explanation.

tritritri:



lol.....Oga boss 50% on a single stock might just be 8% on ur total asset. We're talkin of 20% on total asset. and also d interest can be re-invested netting 22% plus..

You nailed it Oga 333. This year, i made almost 50% on FCMB (cost price of 1.54 and SP of 2.25+) but on my overall portfolio, i made around 15% or less. The issue with those penny stocks is that, how much volume can you get without causing an unnecessary spike in their price. I remembered how long it took me sef to get out because sometimes the total bids available is even less than the volumes in your portfolio so you had to be selling in tranches.

Yayira:


There’s no devaluation oo but our currency is suffering against all major currencies $€£..
when I read here about how our foreign brothers with hard currency are trooping into Ghana, I went asking questions..cos I’m currently not in the country..
My 58 years old mom was the first to play me scores.. and since then I’ve been seeing 19,50% everywhere.. lolz if I go for 5 years ( at least by then buhari would be through with his next level)
Turns out the government “over” promised the people so they needed to borrow money to fulfill their promises lolz or get voted out.. they want to impress the people..
This made yields high.. plus stock market, GSE CI is down by 6% YTD so people prefer to lend to the government instead..

The main reason to me, is the promises they made in their budget..

Investing in Ghana TB as part of diversification is a good idea.
I just have a strong believe that the NSE will explode. When
No one can say.
It could happen unannounced
It could get worse
NSE is positioned to reward patient investors. I can see the bourse minting many Multi Millionaires in the nearest future.
Just keep accumulating and diversity off shore and on shore.
The worst bubu can do is to constrict the economy for another 1 to 2 yrs... We are ready.

Jejebabaa:


You nailed it Oga 333. This year, i made almost 50% on FCMB (cost price of 1.54 and SP of 2.25+) but on my overall portfolio, i made around 15% or less. The issue with those penny stocks is that, how much volume can you get without causing an unnecessary spike in their price. I remembered how long it took me sef to get out because sometimes the total bids available is even less than the volumes in your portfolio so you had to be selling in tranches.

See the people that are straining the cords of our patience. It is well....

Godlylifeoneart:



Investing in Ghana TB as part of diversification is a good idea.
I just have a strong believe that the NSE will explode. When
No one can say.
It could happen unannounced
It could get worse
NSE is positioned to reward patient investors. I can see the bourse minting many Multi Millionaires in the nearest future.
Just keep accumulating and diversity off shore and on shore.
The worst bubu can do is to constrict the economy for another 1 to 2 yrs... We are ready.

I agree with you.. nse will soon become the talk of town.. no doubt but when it will happen is the main koko..
Imagine caverton that I bought and received haircut on, their registrar have refused to pay me my dividend.. this among so many things killing nse.. you’ll see a stock with good results and juicy dividend fall like it drank fallingmacine ..
People are tired with all these registrars and their bullS***t hence selling off good stock before qualify date.

Me, I’m just looking at that 5 years T-bill because I can gather the interest and come back and invest it in nse in 3 years time.. the GOG Bond, they pay you your interest every 6 months and hold the Capital till the 5 years is complete..
Very interesting..
I don’t know if they do this in Nigeria T-bills..

I’m not saying all these to encourage any sell off oo.. I just want to share it here so those interested can benefit..

DOLLARTEX:
dangote refinery!

stcool:


No his friend Dangote would soon start production and Subsidy will be removed by the useless govt. Then profit would be based on competition and market share.

He has to port to the new area they expect the next subsidy to come from in the form of govt grants, loans , over billings on Nigerians etc to continue their flamboyant life!

Nigeria my country!

I told you Otedola was going fully into power. Thats the next thing. Oil is fading out.https://nairametrics.com/2019/06/23/otedola-shifts-focus-to-geregu-power-plc-with-1-billionn-investment/

Sorry @Deruggedprof, i hardly visit people like you. They easily make jest of Christianity.

Yayira:


I agree with you.. nse will soon become the talk of town.. no doubt but when it will happen is the main koko..
Imagine caverton that I bought and received haircut on, their registrar have refused to pay me my dividend.. this among so many things killing nse.. you’ll see a stock with good results and juicy dividend fall like it drank fallingmacine ..
People are tired with all these registrars and their bullS***t hence selling off good stock before qualify date.

Me, I’m just looking at that 5 years T-bill because I can gather the interest and come back and invest it in nse in 3 years time.. the GOG Bond, they pay you your interest every 6 months and hold the Capital till the 5 years is complete..
Very interesting..
I don’t know if they do this in Nigeria T-bills..

I’m not saying all these to encourage any sell off oo.. I just want to share it here so those interested can benefit..

Interestingly, the BOG TB is available for people of all nationalities. I have been researching on it.
It was dt simplified that people of Ghana can buy it via cell phone network providers. I am still researching on it, in the process, waiting for a response from GT bank Ghana on the possibility of buying it via them. I will post the update here. However,the available yields on line is 14 to 17. 9%

I am also in touch with this company. They provide answers on so many FAQ on GOG TB. They also mentioned that foreign nationalities and non residents are qualified.

https://www.databankgroup.com/bank-of-ghana-treasury-securities/