I am not the one that offered 31m

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

You are now a don in this business ooo

emmanuelewumi:



You are now a don in this business ooo

Oga, you opened our eyes to opportunities

Just an option for someone that doesn't want tenant problems

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

But your Capital could crash to 15m in 6years.
No one knows tomorrow of stock markets !

Follow Buffets in and out.

Phylife:
Since I do not have #50,000,000 and above for now for FG bonds, I would need candid and profitable advice where to invest some money on hand right now - treasury bills due has been remitted, one more due next month.

Fbn fixed income fund, how good is that?

Thanks already.

~Concerned fellow

An alternative for Tbills investors remain VGIF. It's a fund that guaranteed both capital and returns just like Tbills but rate is far higher compare to Tbills right now. With VGIF on the long run you are sure of 10.5% or slightly more with a good fund manager like Investment one. Each year an extra rate of about 2.5 to 3% is expected above the guaranteed rate of 7.5%. You can register online at the comfort of your location no stress. It's free entry and exit. click the link on my signature to register online.

Sholapey:
But your Capital could crash to 15m in 6years.
No one knows tomorrow of stock markets !

It's possible, but the dividend will continue to come

shogbenga:


Oga, you opened our eyes to opportunities

Just an option for someone that doesn't want tenant problems

The way you sold one of your houses at Ikorodu Lagos and invested the proceeds on portfolio Investments

shogbenga:


It's possible, but the dividend will continue to come

Then you be back to square one.
In stock markets, you can't predict what tomorrow will hold.

in NTB. Capital is safe

In Property, capital is safe

But in stock markets, we gamble.

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

You did not include the interim dividend of 30k in your calculations

Total dividend was N2.80k.

Sholapey:
But your Capital could crash to 15m in 6years.
No one knows tomorrow of stock markets !

Follow Buffets in and out.

The smart man way

AdaoraNK:


The smart man way

Best way!

emmanuelewumi:



You did not include the interim dividend of 30k in your calculations

Total dividend was N2.80k.

I deliberately made it 2.5 just to be conservative and because of COVID, at least for this year

shogbenga:


I deliberately made it 2.5 just to be conservative and because of COVID, at least for this year

Very good to under estimate returns, but I don't think banks will be adversely affected by Covid 19.

Sholapey:
Then you be back to square one.
In stock markets, you can't predict what tomorrow will hold.

in NTB. Capital is safe

In Property, capital is safe

But in stock markets, we gamble.

Do you gamble in the stock market?

You only gamble if you don't have the knowledge of the market

You must know why you are buying any stocks

Even when you gamble, you should always learn when to jump out when the odds are not going in your favor and to take profit when your aim has been achieved. The mastery of this emotion is what I believe differentiate profit takers from losers.

shogbenga:

Do you gamble in the stock market?

You only gamble if you don't have the knowledge of the market

You must know why you are buying any stocks

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

You killed it bros! Sense will not kee you. Lol. Not including possible capital appreciation o. Chai
Even if it stock price falls, dividends will continue to enter, no stress, no hassle

Bet y is Dangote cement sliding down the abyss like this?


Is something happening that we are not privy to?

MssRose:

You killed it bros! Sense will not kee you. Lol. Not including possible capital appreciation o. Chai
Even if it stock price falls, dividends will continue to enter, no stress, no hassle

As long as you got your entry price relatively right

You cannot get it wrong in the stock market

Now imagine those who got in when Zenith was <N12?



Imagine the annual dividend yield they will be entitled to for the next 5 years

DexterousOne:


As long as you got your entry price relatively right

You cannot get it wrong in the stock market

Now imagine those who got in when Zenith was <N12?



Imagine the annual dividend yield they will be entitled to for the next 5 years

You are right sir. Portfolio investment is one of the best mbok

DexterousOne:
Bet y is Dangote cement sliding down the abyss like this?


Is something happening that we are not privy to?

Might be the share buy back gimmick maybe someone wants to buy back at a cheaper rate. Lolz

shogbenga:

Do you gamble in the stock market?

You only gamble if you don't have the knowledge of the market

You must know why you are buying any stocks

People stock up for different reasons. All am saying is you can't be 100% sure like you stated your Returns in 6years time.

Some of us predicted our ROI in Ntb some years back thinking by now it would've double up our Capital even though Capital is safe but see what's happening now.

Even Warren Buffets traded at lost, he also had the knowledge.
https://www.cbsnews.com/news/warren-buffetts-berkshire-hathaway-lost-50-billion-in-first-quarter/P

MssRose:

Might be the share buy back gimmick maybe someone wants to buy back at a cheaper rate. Lolz

But have they started thr buybacks?

PresidentBuhari:

Good day, do you know what day the Jan2022 coupon payments due this month will be paid by the FG?

Sir, it depends on the one you bought :

7.144% FGNSB 15 January 2022...payment dates 15th Jan and 15th Jul till 2022

13.125% FGNSB 16 January 2022....payment dates...16th Jan and 16th Jul till 2022

16.39% FGN BOND 27 January 2022..payment dates...27th Jan and 27th Jul till 2022

emmanuelewumi:



You are now a don in this business ooo

Loooooool

shogbenga:


I deliberately made it 2.5 just to be conservative and because of COVID, at least for this year

Briefcase is always better

Weldone Sir.

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

See sense

Speculator , continue...................

shogbenga:


With 31m naira, I will get 1,937,500 units of Zenith bank @ #16/unit

@#2.5 dividend (because of COVID), that gives #4,843,759 naira annually

With dividend yield @15.6%, capital will be recovered in 6.5 years

ukay2:


Sir, it depends on the one you bought :

7.144% FGNSB 15 January 2022...payment dates 15th Jan and 15th Jul till 2022

13.125% FGNSB 16 January 2022....payment dates...16th Jan and 16th Jul till 2022

16.39% FGN BOND 27 January 2022..payment dates...27th Jan and 27th Jul till 2022

Do you have an idea when coupon will be paid for 2034 bonds. I have been expecting and about to mail my stockbroker

Nakedman:



Do you have an idea when coupon will be paid for 2034 bonds. I have been expecting and about to mail my stockbroker

12.1493% 18-JUL-2034 payments should be 18th Jul and 18th Jan till 2034.



Check the website for all secondary market rates for FGN Bonds...https://www.fmdqgroup.com

Godbpraised:
Speculator , continue...................

I don't think he is a speculator.....

Barrytone:


See sense

No be small thing Sir