₦airaland Forum

geladinho1:
Its better i buy a rams and keep it to multiply

Hahahahaha....good one.
Just do your personal risk management strategy and as an individual don't put all your investment eggs in one basket.

Remember the Kiyosaki saying about investing in what you need to feed....

Codes151:
Yes.
I got Dangote sugar in 2006-2007.
I think for 15k or 30k.

Today it’s worth 45k only.
It’s rubbish.

I only bought this one because I want to sell if share value appreciate

Imagine if you had bought the dollar instead and hidden it in your Sunday church shoes, what will it be worth today instead....or perhaps invested in durable goods....

This is a reflection of the true state of the economy between then and now.

The question then is how come it is only Dangote....and a few others perhaps, that are powering on based on the valuation of those companies, that are worth fractions of their 2007 values (in real terms).....

doncartel:
Maybe it’s better to just see the IPO as a bank account where you keep your money and it may be adding few kobos in interest.

It is better to pressurize government towards bettering the economy to secure your own personal investment. It is incumbent on every investing citizen to do so because these large corporations and the individuals that own and run them have many other survival cards you are I are not privilege to.

Constantly advocate for lowering of inflation so your investments hold value. Advocate for improved growth so that your investments can grow with the underlying enterprise.

Remember the value of your investments in an economy is a zero sum game.

jaxxy:
In Nigeria and everywhere else in the world shares generally crash when the economy of the country is bad cos companies generally do badly too unless companies that are reccession proof and whose busuness model doesnt depend on the economy of the home country.

In Nigeria the economy has been generally constantly bad. Most shares wont do so well but there are exceptions who benefit from bad situation and do well too like in covid.

That is the simple answer.
The serially poorly performing economy.
That is the lot of the 'common man'.
These companies sell goods and services mainly to the people who are increasingly getting poorer so it is a zero sum game

That is why we say there is no alternative to a well run economy that targets low inflation and high growth BY THE WAY GOVERNMENT CHOOSES TO INVEST, SPEND OR WASTE RESOURCES.

The losses in real value is simply due to the steady decline in the economy overtime. Nothing more. More worryingly it also reflects the widening gap between the so called rich and the poor.

Government decision making over time tending to favour select individuals and individual enterprises at the expense of the economy in general both in the front end (through favourable investment tools such as tariff concessions and tax breaks) and the back end through subsidies.

That is the nations resources used to prop up specific or individual players I stead of entire sectors. Take for instance the petroleum refining sector. Reason why till now other players are not making similar progress in rolling out capacity.

I have told you the reason for the IPO and it is primarily not for the money but to secure the liberalised midstream sector in the face of potential political interference by creating an establishment 'too big to fail'.

It is be coming evident that future governments will revisit the subsidy question one way or the other which will create uncertainty for that refinery's operations in Nigeria and by broadening ownership those risks will be moderated.

golamike:
As much as I am not happy with the performance of the SE, one thing most people forget is that it is more difficult to play with small teams than it is with bigger ones. I believe they'll improve in the next game.

Always making excuses for the obvious lack of progress on the team. From the play today are they looking better than they were in the last international match, the World cup playoffs....no.

I have not seen any so called 'smaller' team win the AFCON or World Cup. It is still the biggest teams that win trophies consistently and the more we psychologically make ourselves small and our opponents big the less we will strive to improve.

Let us face the facts. Nigeria football is not in a good place right now. It has been a steady
decline for about a decade.

We need new ideas in administration, new ways in operations and better human resources on the field and in the dugout.

End of the game.

I cannot see any difference Eric Chelle is demonstrating between the performance today and during the last Cup of Nations and World Cup qualifiers.

The problems are just not solved. The approach remains the same. The team is still not ready to take on the very best teams on this continent.

See that. Down one nil.
This is symptomatic of everything Nigeria these days.
What a nation in decline.

See them walking around the pitch.
You will think that a team that has failed so badly recently will be over eager to make amends with a rousing performance.

But a culture of failure is a culture of failure. Compare this to what Senegal played away with all the seriousness of a team under a new gaffer.

When more money is made in a state of unproductivity it means someone is being extorted. It is simple, a stronger state, a weaker citizenry. How this paradox will be attractive to investments is what those in charge should ask themselves.

Okay, we have agreed that you have all the money in the economy. What are you doing with it.

TonyeBarcanista:
My brother, UN is a platform of power, not fairness.
​
It has not been perfect or fair on Palestine. It has failed many times, not just Palestine, but Rwanda in 1994, Srebrenica in 1995, and Congo today. That's exactly my point about UN.
​
UN does not act based on fairness. It acts based on power and interests of the P5. When the P5 agree, UN acts. When they disagree, UN watches.

In 1947, the P5 agreed to partition Palestine, so UN recognized Israel in 1948. In 1994, the P5 did not agree on Rwanda, so UN watched 800,000 people die.
​
This is the reality

That is what I keep on saying.
Power. Power.

That is how the world works, whether in heaven or on earth (if you are religious). It is all about power.

And the key to power is responsibility. Which is severely lacking in Africa. The African just does not care to self develop and this has left him perpetually in victimhood.

SonOfWords:
Lol.

Africa is not developed enough to merit a seat at the council but it is developed enough to be squeezed of resources year in and out, to the point that europe as we know it today, is almost becoming entirely dependent on the continent for energy imports?

Now that you're done washing Atiku's behind with your tongue, you're using every available nairaland medium to sell your useless political platform in the name of citizens development abi😊?

Tonye, we go meet for twitter.

The tone of this post is typical African.
Defensive, pity me stories of the past 500 years.

My friend if you refuse to export your products but use it to your strength, will they park an aircraft carrier at your doorstep if you have used them to build your power??....

Africa should wake up, build up and start conquering others instead if truly the European, American and. Asian doesn't have the proverbial 'two heads'.

Just reading the first line.
Totally agree.
Personal development is the key to true independence and respect.
Power has always and will always be the ticket to a seat at the table.

wellmax:
The problem is not whether government can afford it. The bigger problem is how many states and especially private firm can afford it.

If only FG can pay, what do you anticipate will happen to getting FG jobs.

Make Una dey think

Inflation to will be high.

If private school teachers earn N400k, suggest a sustainable school fee?

You see what I am saying

The question I want to ask you is this.
Is the Federal Government DOING ANYTHING to improve the living standards of the people AS A POLICY OR PROGRAM.

Mention ONE THING that is universally impactful they are doing or plan to do.

Because from where I stand this government is not doing anything beyond selective, half hearted, short term attempts. All you see them doing is going around justifying poverty.

And in the this season of political campaigns none of the contenders have any solutions either.

greatiyk4u:
This is.... a useless business venture that should be 2 cents.highly taxed by the government to discourage its survival...

Here in the North, such business will never exist talk more of booming..

Why lure people into debt just to impress the public........

Perhaps if funerals were expensive in the north they will have better regards for human lives...

An enterprise with ever sure cash flow as long as the earth remaineth.

nairalanda1:
FYI

Baluchistan is a region inhabited by the Baluch people, who have been trying to seccede from Iran and Pakistan to form their own country of Baluchistan

This is a decades long struggle, so nothing to do with America or iran spat.

They want their country united but are arming and financing rebels in another sovereign country, Yemen.

Everyone is guilty of this.
Everyone of them in that Middle East have their branches and businesses in other countries. Imperialism is not over....not by a long shot.

If you look at the history of the world it is almost impossible to find any indigenous populations with any absolute rights to any geographic boundaries. It is a long series of conquest and defeat, expansion and contraction of societies, rise and fall of empires.

In the final analysis, no one owns anything. At the end all men will return to dust. And at the end of the universe all matter will be shredded to atoms. Why die for nothing.

lookinggood:
Why keeping the receptionist in detention instead of allowing the receptionist to go, you call him to come anytime you need information?

This is the reason people won't want to help with info. It's just a receptionist position and not a security officer position

They keep doing things in old ways , hence no improvement, this is why the western world are always ahead.

This is what I am saying. Knowing the nature of the police services, if I am a receptionist I will invest in a bodycam even if the hotel refuses to install CCTV and have my official engagements recorded.

But I guess these dingy motels have shady receptionists who probably have their hands in the till. The monies the patrons paid is probably in their pockets so they are caught between a rock and a hard place.

'Sir, no one has lodged since yesterday....:
Now, wahala has touched down.

I hope this infopic release is the last resort and extensive and exhaustive investigations have been done. If not it will alert the perp and he will dig even deeper.

CCTV has to be as mandatory and enforceable as the tax government collects from them. Receptionists can also be encouraged to wear discreet bodycams. It is a personal choice but one that iis a lot better than spending time in interrogation.

The equipment is now cheap on the market and since these incidents and crimes normally occur within a twelve hours window, backup doesn't take much.

Just my two cents.
Good security practices will encourage the innocent and scare away the criminals.

See people here who are defending record prices of gasoline are now looking for cheap data. How dies that correlate. Are they not all private enterprises. Why should they new entrants not charge cost reflective tariffs as well. Hypocrites everywhere.

Leave UNGA for countries with global impact. We don't need it. Let us focus on building this country first.

That is the consequential adjustment to the realities of living in Nigeria the government has asked them to make.

Everyone should just quit and return to their respective countries, The US, Iran, Saudi Arabia, UAE...every single one of them meddling in the affairs of others should go home. They have done enough.

So Ribadu was involved in bribery...as a third term executive middleman....and anti corruption czar at the same time....talk of multi tasking,...

For his own good he should avoid gas like a plague except that which he flares in his refinery.

Honestly, this is the most ridiculous thing I have ever heard of government. Can it get any lower...

mohims:
Hate him or love. You can't help but admire Nyerisi's political prowess!

And what is the benefit of this 'prowess' to you or your neighbor as an individual citizen in this 'shop window' democracy where the vast majority is out looking in an admiring....never experiencing the 'prowess' practically in their lives...

Two things you notice that just speaks ignorance amongst folks - the lack of situational awareness.

One. That those who cut corners are 'making it rich'...i.e they do so to amass wealth.
Two. The solution is to 'boycott', to walk away from the problem.

Think deeply about the dynamics of both issues and observe the vicious economic cycle we are locked in.

TheStoriesOfMan:
My brother, everything no be APC. Nigerians by default loves cutting corners.

Olamide say " anything for the money".

Can you blame him?

They are cutting corners to survive. And survival is the natural instinct in a jungle setting of a bad economy.

Survival is the case everywhere involving everyone. The government has told us to 'adjust to the reality of things'. This is their consequential adjustment. Everyone along the economic chain from producer to consumer through regulator, everyone is compromised.

If consumption has not fallen through affordability the fufu maker will let it ferment for a week and have a string of batches awaiting in production.

If the batch is not completely sold he can 'afford' to discard the expired ones because a new batch is on the way, because sales are reasonable and the ingredients affordable.

But what do you think will happen if consumption falls, production has to fall, the proportion of losses also has to fall because the ingredients are expensive. So he has to cut corners to remain solvent.

This are the linkages between a bad economy and individual producer choices Nigerians fail to understand.

A report recently came out on the terrifying levels of unsold inventory out of factories across the country so it is certain expired consumables will be pushed into the market at some point in time and that is why folks are increasingly seeing sediments in their drinks. Those beberages are long gone.

The summary is simple.
Scandinavian countries are shutting prisons for lack of occupancy due to a society of values anchored by outstanding economies. There is literally no incentive for crime. There is a clear relationship between the state of your economy and your ability as a nation to keep values and ensure HSE - Health, Safety and the Environment is made right and kept right by the law.

Nigerians should learn how to govern themselves right towards universal prosperity. It is the security against these kind of things.

Poverty is a danger to everyone no matter what your present socio-economic status is. Peril will find you one way or the other in that medication you take, that food you eat, the plane you fly in, that engine oil in your car....

dgitrader:
Using the documented 2007 public offer as the best proxy for "~20 years ago" (Fidelity's earliest listing in May 2005 was via bank merger, not a cash public offer — the first real public offer was Sept–Nov 2007 at ₦8 per share):
Units bought:
₦20,000 ÷ ₦8 = 2,500 shares
Value today (using recent trading levels around ₦19–20.50/share):
2,500 × ₦19.20 ≈ ₦48,000
2,500 × ₦20.50 ≈ ₦51,250
So a straightforward, no-dilution, no-dividend-reinvestment estimate puts the raw share value today at roughly ₦48,000–₦51,000 — call it ₦50,000 as a round number.


What's not adding up?

The value of the naira. Not to talk of inflation.
The investment today is a net loss in real terms.

Tosin17:
Some people are just too foolish, In as much as I support the APC candidate, this statement is a trash from a foolish trash.

A lot of idiots in government!!!

He didn't vote himself in.
He was voted in by the people, both beneficiaries and victims of his ideology.

That is why I continue to say that you can trust the Nigerian to make the wrong decisions on anything important in this country.

We didn't get to this sorry point in this nations history by mistake. We worked out our misfortune with our own hands and ignorant minds.