aremso:


when I read comments like it still has room to go up further, I just laff in ikwere language. Let's wait and see

When I make statements like that

I'm talking long term
Not short term


The fair value of Uncle Zee is way above N20.
You know it and I know it

How cam a company like this have a P/E ratio less than 4
Think about that

DexterousOne:


When I make statements like that

I'm talking long term
Not short term


The fair value of Uncle Zee is way above N20.
You know it and I know it

How cam a company like this have a P/E ratio less than 4
Think about that

Oga I don't argue ooo u are correct but whatever you can value it Mr market will put it in the right price it want for it irrespective of our own valuation.

emmanuelewumi:
The year will end in 81 days time, what are the investment mistakes we made in 2020? What are the deals, investments and businesses that made good money for us in 2020?

My mistakes/missed opportunities for 2020 plenty...

Firstly, my Tashere funds were majorly in TB; invested in batches. Instead of terminating when all signs of devaluation were showing, I let them mature on their own.


Secondly, investing in Sukuk 03 less than I could because I felt 7 years is too long to just tie down fund. So I just invested something I could do with out.


Thirdly, not buying enough USD @ N358 when all signs showed that everything was going to skyrocket. Only to discover that after 3 months I would have cash with at least N100 per USD.


My final investment mistake of 2020 was selling my tashere; Zenith, UBA, GTB and Wapco early before it started moving. I have never bought Zenith Bank shares before 2020 but after the dividend payment someone on NSEMPA; announced that it was about its IPO priced. That raised my antenna so I got a little around N10.75.

I sold that Zenith at about N13,50, My UBA averaged about N4.50 was sold for N5.70, GT of N17 was sold for N21, and Wapco averaged N10.90 sold at about N13,00 amongst others.


It's all part of the learning process.

freeman67:


My mistakes/missed opportunities for 2020 plenty...

Firstly, my Tashere funds were majorly in TB; invested in batches. Instead of terminating when all signs of devaluation were showing, I let them mature on their own.


Secondly, investing in Sukuk 03 less than I could because I felt 7 years is too long to just tie down fund. So I just invested something I could do with out.


Thirdly, not buying enough USD @ N358 when all signs showed that everything was going to skyrocket. Only to discover that after 3 months I would have cash with at least N100 per USD.


My final investment mistake of 2020 was selling my tashere; Zenith, UBA, GTB and Wapco early before it started moving. I have never bought Zenith Bank shares before 2020 but after the dividend payment someone on NSEMPA; announced that it was about its IPO priced. That raised my antenna so I got a little around N10.75.

I sold that Zenith at about N13,50, My UBA averaged about N4.50 was sold for N5.70, GT of N17 was sold for N21, and Wapco averaged N10.90 sold at about N13,00 amongst others.


It's all part of the learning process.

I’m new here please. How can I buy?

emmanuelewumi:
The year will end in 81 days time, what are the investment mistakes we made in 2020? What are the deals, investments and businesses that made good money for us in 2020?

My investment mistakes was not making good use of advice I got from here from properties to sukuk Bond to Coverting some naira to Dollar..... To be Honest the information we receive from here has been awesome thanks to Oga Ahib and Mr Emma, but then thanks to Ngrdumb I was able to start with the US Stock market and Nigerian Stock market but waiting for the US election to finish then will have to start all over again.

thanks to other wonderful men and woman whom I cannot mention .... that always find it cool to give us update from time to time..... very grateful and God bless you all

NYCnextStop:
I’m new here please. How can I buy?

What do you want to buy?

freeman67:



What do you want to buy?

Shares or any other form of investment bro

aremso:


Oga I don't argue ooo u are correct but whatever you can value it Mr market will put it in the right price it want for it irrespective of our own valuation.

I'm not arguing either
Just stating my viewpoint

Why will you even think this is an "argument" though?

Lazyyouth4u:
More receipts dey. For those morons that call me envious and jealous. I will be jealous of a man with 5m in TB investment wey dey plan japa from Naija to go hustle for Ireland of all places?

Make una dey use una brains abeg. Nairaland is full of audio billionaires living their dream lives on the internet. Claiming to have 50 trucks and billions in the bank generated from all types of risky real sector investments. Meanwhile in reality, they are just small time hustlers just managing and trying to survive the harsh Naija recession.

Na so innocent newbie go follow them and lose all their life savings. People should please wise up!!!

Well, anything can happen to anybody in a split of second with element of luck and proper planning .

Nigeria is more of an unregulated economy, a nobody today + connected with the right source / link + connected/ front for politicians in Abuja or any of the 36 state , can get a contract worth millions / billions to supply /offer a service and through that can become super wealthy in less than a year.

I am not holding brief for the guy but just making my own personal opinion, Abeg, sheath your sword

Besides that, I do not think he has ever hidden the fact that he has a brother in Ireland.
Let's just try and focus sha.

AngelicBeing:
Well, anything can happen to anybody in a split of second with element of luck and proper planning .

Nigeria is more of an unregulated economy, a nobody today + connected with the right source / link + connected to politicians in Abuja or any of the 36 state , can get a contract worth millions / billions to supply /offer a service and through that can become super wealthy in less than a year.

I am not holding brief for the guy but just making my own personal opinion, Abeg, sheath your sword

AngelicBeing:
Well, anything can happen to anybody in a split of second with element of luck and proper planning .

Nigeria is more of an unregulated economy, a nobody today + connected with the right source / link + connected/ front for politicians in Abuja or any of the 36 state , can get a contract worth millions / billions to supply /offer a service and through that can become super wealthy in less than a year.

I am not holding brief for the guy but just making my own personal opinion, Abeg, sheath your sword

You are right sha

In Nigeria
Overnight multimillionaire is is a possibility

Especially in the last administration
Those guys made a lot of rent seekers rich
GEJ govt

You have a point

ojesymsym:
Besides that, I do not think he has ever hidden the fact that he has a brother in Ireland.
Let's just try and focus sha.

Correct.

NYCnextStop:
I’m new here please. How can I buy?

Well
First of all, you will need to do some self education
Reading up on how shares work and how relevant ratios help in stock analysis

That done
You open a brokerage account (think of it as a bank account, but instead of storing cash per se, you are storing your stocks in it)

Morgan Capital/ Meristem is what I would recommend

Then you do some more research into the companies you might be interested in (Bloomberg has good material's)
Then lastly define your strategy and goals

Are you a long term investor who want to reap the benefits of long term cashflow from dividends as well as Capital appreciation?

Or are you a trader who want to profit from the short to mid term oscillations in the market ?

Personally I'll advice to be the first, but the choice is up to you....

Cheers

NYCnextStop:
Shares or any other form of investment bro

DexterousOne:


Well
First of all, you will need to do some self education
Reading up on how shares work and how relevant ratios help in stock analysis

That done
You open a brokerage account (think of it as a bank account, but instead of storing cash per se, you are storing your stocks in it)

Morgan Capital/ Meristem is what I would recommend

Then you do some more research into the companies you might be interested in (Bloomberg has good material's)
Then lastly define your strategy and goals

Are you a long term investor who want to reap the benefits of long term cashflow from dividends as well as Capital appreciation?

Or are you a trader who want to profit from the short to mid term oscillations in the market ?

Personally I'll advice to be the first, but the choice is up to you....

Cheers

In addition the above, you can follow the thread below to get clarification where and when necessary.
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6024 read back some old pages.

freeman67:









In addition the above, you can follow the thread below to get clarification where and when necessary.
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/6024 read back some old pages.

Thanks for the heads up man. All points noted... Appreciate it

DexterousOne:


Well
First of all, you will need to do some self education
Reading up on how shares work and how relevant ratios help in stock analysis

That done
You open a brokerage account (think of it as a bank account, but instead of storing cash per se, you are storing your stocks in it)

Morgan Capital/ Meristem is what I would recommend

Then you do some more research into the companies you might be interested in (Bloomberg has good material's)
Then lastly define your strategy and goals

Are you a long term investor who want to reap the benefits of long term cashflow from dividends as well as Capital appreciation?

Or are you a trader who want to profit from the short to mid term oscillations in the market ?

Personally I'll advice to be the first, but the choice is up to you....

Cheers

Thanks man.

Points taken.... cheers!

Events over the last week shows that indeed, we have a leadership crisis in this country, and the leaders (especially Buhari) holds us in contempt.


Decisive action and not window dressing would have dissipated this
Now I hear that they are mulling shutting out the internet (dont know how true it is tho)
What wisdom is contained in such ill fated thought?


Nigeria is at a precipice
And if care is not taken

DexterousOne:
Events over the last week shows that indeed, we have a leadership crisis in this country, and the leaders (especially Buhari) holds us in contempt.


Decisive action and not window dressing would have dissipated this
Now I hear that they are mulling shutting out the internet (dont know how true it is tho)
What wisdom is contained in such ill fated thought?


Nigeria is at a precipice
And if care is not taken

Shutting off the internet in times like this isn't a Nigerian or third world thing.
Check what happened in spain during that Catalonia whatever.
Even in the George floyd mayhem in the US,similar things were done in some areas.
It is the first step,so that the people will no longer have any medium to organise their protests.
2)Shut essentials such as water and electricity completely,sometimes calls.
3)military action!
Besides,we mustn't do everything like the west.Different regions,different people,different uprisings,different response.
Note this.

Iogobenz:
Shutting off the internet in times like this isn't a Nigerian or third world thing.
Check what happened in spain during that Catalonia whatever.
Even in the George floyd mayhem in the US,similar things were done in some areas.
It is the first step,so that the people will no longer have any medium to organise their protests.
2)Shut essentials such as water and electricity completely,sometimes calls.
3)military action!
Besides,we mustn't do everything like the west.Different regions,different people,different uprisings,different response.
Note this.

Huh

What are you talking?

How about taking action that would calm the frayed nerves.
Legislation should be forwarded to the national assembly by the president himself

The IGP should resign (tho very unlikely)
If he wont resign
Let him at least conduct a purge within the service

If this thing continues like this...
The thing can go way out of control

Who are Buhari advisers?
They should be giving him good advice na

Wait!
Did you say military action on protesters?
Huh

You even said shutting out essential services

Seems you like oppression and fascism

DexterousOne:



Huh

What are you talking?

How about taking action that would calm the frayed nerves.
Legislation should be forwarded to the national assembly by the president himself

The IGP should resign (tho very unlikely)
If he wont resign
Let him at least conduct a purge within the service

If this thing continues like this...
The thing can go way out of control

Who are Buhari advisers?
They should be giving him good advice na

Wait!
Did you say military action on protesters?
Huh

You even said shutting out essential services

Seems you like oppression and fascism

I don't like oppression, I am very rational.
I didn't see you co.plain when Trump released the national guard on george floyd people.
Just see the demands you are putting up there?what government does that?Allow the masses to hold them to ransom?
Hell nah bruv.
1)SARS had been ended.
2)5 point demand has been agreed.
What else?
These jobless fùcktards just want anarchy and a revolution,its very obvious to any smart person.
It's high time to give the orders

Iogobenz:
I don't like oppression, I am very rational.
I didn't see you co.plain when Trump released the national guard on george floyd people.
Just see the demands you are putting up there?what government does that?Allow the masses to hold them to ransom?
Hell nah bruv.
1)SARS had been ended.
2)5 point demand has been agreed.
What else?
These jobless fùcktards just want anarchy and a revolution,its very obvious to any smart person.
It's high time to give the orders

Apparently
I had a wrong perception of who I was engaging

Iogobenz:
I don't like oppression, I am very rational.
I didn't see you co.plain when Trump released the national guard on george floyd people.
Just see the demands you are putting up there?what government does that?Allow the masses to hold them to ransom?
Hell nah bruv.
1)SARS had been ended.
2)5 point demand has been agreed.
What else?
These jobless fùcktards just want anarchy and a revolution,its very obvious to any smart person.
It's high time to give the orders

I don't do this type of discussions, but I just have to agree with you on this.


My opinion though

emmanuelewumi:



I don't do this type of discussions, but I just have to agree with you on this.

I too like Buhari.
Python dance III and curfew loading.

Naira is beginning to crash again all thanks to this and will crash more if this nonsense protest isn't ended.
Why?smart people will soon begin to see anarchy coming and would want to move all their cash out of Nigeria,or atleast have it in foreign currency.
This will take a toll on the already fragile naira due to the sudden rush of fx in fx starved Nigeria.
Next is NSE,it will be hit as well and investors will lose billions as people have not been going to work in key cities around Nigeria...plus portfolio holders trying to liquidate their shares and move the funds outta the country.
If this is not stopped,naira might hit 470 by Friday and continue to fall.
Also collapse of law and order is coming,lots of bitches shouting endSARS now will be brutally raped in the anus by these same criminals causing disorder,when order and consequence finally collapse.
#EndEndSARSnow!

Iogobenz:
Naira is beginning to crash again all thanks to this and will crash more if this nonsense protest isn't ended.
Why?smart people will soon begin to see anarchy coming and would want to move all their cash out of Nigeria,or atleast have it in foreign currency.
This will take a toll on the already fragile naira due to the sudden rush of fx in fx starved Nigeria.
Next is NSE,it will be hit as well and investors will lose billions as people have not been going to work in key cities around Nigeria...plus portfolio holders trying to liquidate their shares and move the funds outta the country.
If this is not stopped,naira might hit 470 by Friday and continue to fall.
Also collapse of law and order is coming,lots of bitches shouting endSARS now will be brutally raped in the anus by these same criminals causing disorder,when order and consequence finally collapse.
#EndEndSARSnow!

This is very unfortunate
Coming from a supposed young Nigerian

Very unfortunate

DexterousOne:



This is very unfortunate
Coming from a supposed young Nigerian

Very unfortunate

Still the same guy.

I'm out of here for good since peeps seem to be encouraging it.

There is a reason why there is a political section for certain discussions, but you enjoy using this thread to express your political views.
Now logobenz (transatlantic) has explained to you the inherent danger of where those protest are heading to in terms of the ripple effect on the economy, which is what this thread is majorly for.

If you still want to talk about government and her people, you should move to the threads that talk about #endsars.

DexterousOne:

This is very unfortunate
Coming from a supposed young Nigerian

Very unfortunate

Nigsrdumb:


Still the same guy.

I'm out of here for good since peeps seem to be encouraging it.

You got it bro!

Iogobenz:
Naira is beginning to crash again all thanks to this and will crash more if this nonsense protest isn't ended.
Why?smart people will soon begin to see anarchy coming and would want to move all their cash out of Nigeria,or atleast have it in foreign currency.
This will take a toll on the already fragile naira due to the sudden rush of fx in fx starved Nigeria.
Next is NSE,it will be hit as well and investors will lose billions as people have not been going to work in key cities around Nigeria...plus portfolio holders trying to liquidate their shares and move the funds outta the country.
If this is not stopped,naira might hit 470 by Friday and continue to fall.
Also collapse of law and order is coming,lots of bitches shouting endSARS now will be brutally raped in the anus by these same criminals causing disorder,when order and consequence finally collapse.
#EndEndSARSnow!

[s]

Iogobenz:
Naira is beginning to crash again all thanks to this and will crash more if this nonsense protest isn't ended.
Why?smart people will soon begin to see anarchy coming and would want to move all their cash out of Nigeria,or atleast have it in foreign currency.
This will take a toll on the already fragile naira due to the sudden rush of fx in fx starved Nigeria.
Next is NSE,it will be hit as well and investors will lose billions as people have not been going to work in key cities around Nigeria...plus portfolio holders trying to liquidate their shares and move the funds outta the country.
If this is not stopped,naira might hit 470 by Friday and continue to fall.
Also collapse of law and order is coming,lots of bitches shouting endSARS now will be brutally raped in the anus by these same criminals causing disorder,when order and consequence finally collapse.
#EndEndSARSnow![/s]

[/s]