₦airaland Forum

4tunebest:
Spiritual analysis led me to buy UCAP @ 3.00, Nahco @ 2.20, UPDC Reit @ 2.87, Access at 8.00, Zenith @ 11.00 and six other stocks during COVID (when I entered into the stock market newly) whose prices have skyrocketed @ multiples of the BEP as at today. Unfortunately, I didnt know the Holy Spirit is interested in my finances, so I wasn't aware He was the one leading me to buy those stocks at that time, cos i was new in the game (I allow Him to lead me in other areas of my life, but I was ignorant to the fact that He was also interested in my finances). Result: I sold majority at about 100% profit, not realizing the Lord saw my faithfulness in sacrificial giving to His work and He wanted to reward me massively beyond my wildest expectations. Anyway I have learnt my lessons.

Less than two weeks ago, the same Spirit working through Christ led me to some stocks which I accumulated massively because I knew it was only a matter of time if I could wait it out and be patient enough. Interestingly, majority of these stocks are not what I would have gone for naturally, although they are fundamental, I just didnt fancy them. I didn't know that a massive bull was lurking around the corner. Thank God I yielded. In about 10 days, I have made over 1M/day (of course considering the capital invested). I have made in 10 days, my monthly salary of several months, and still counting because the bull keeps getting stronger. As a matter of fact, the bull just started this morning for one of the stocks: Eterna which I accumulated greedily @ 15.50 BEP, and few of the stocks are yet to proceed on their own bull. I monitor the stocks bumper to bumper so I am on standby to hit the "sell button" when necessary.

What a way to start the year.
Knowing Christ is the best thing that has ever happened to me. I didnt look like it during my childhood days, I was a dunce and not smart at all. When I gave my life to Christ, everything changed. My story changed. People that looked down on me are now looking up to me. Without me, major decisions cant be taken by thesame people who told me that I could never amount to anything in life and that I was going to serve my siblings.

If you haven't yielded completely to Christ, you are missing a lot irrespective of whatever great things you have achieved. You can achieve more. I also want to thank everyone who spend quality time to give investment advise on this platform. The Lord will reward you massively. Please keep up the good work

ivolt:
He has no idea. He thinks they are normal kidnappers.
Those bandits live and die in the forest.
I[b] expect that the government should have ordered for hundreds of drones by now
for forest surveillance.[/b]
We also need forest based armed forces.

Digitron:
Good Afternoon Gurus in the house.

I have some shares (Zenith, Fidelity and Wema) that was bought for me by my Dad in 2023.

Recently, I saw the shares certificate but I don't know how to go about it.

Please, how should I proceed?

crownprince2017:
The way people come here to defend Meristem despite their clear inefficiency called for attention, I couldn't use any of their interface since yesterday, the same thing could continue today and some people here will still defend them despite their big commissions and lack of value for money to justify the commissions being charged.
Sometimes, I wonder if this people understand the meaning of time value of money, imagined you just sent them money to carryout a trade and suddenly the platform stopped working for complete trading days.

I believed if you are charging more than other brokerage company, you should be more efficient than other ones that charge less but the reverse is the case and their marketers will come and defend them.

If you send them money on a normal day to credit your wallet, you will not spend less than two hrs before getting the money in your trading wallet, very unreliable people, big for nothing.

If you talk now, they will say they have billions worth of structure in ikoyi, abeg sey na big building the customers wan chop abi quality services.

Pls someone should tell me how to move my portfolio from them, this people are just over hyped company in my opinion.

Menclothing:
We need a serious company that will compete with multi choice In Nigeria

nedekid:
Chisos!
11.85% of $3.3b=$391,050,000
Ie interest per annum of $391,050,000
5 years interest=$1,955,250,000!
Omo, which country takes loans at such interest rate for goodness sake!
If by now you do not believe we have entered one chance, you need prayers!

egobetter4me:
You should read the post very well

Usefulsense:
Landed in Australia Saturday December 9th, 2023.

I will make a post of my experience so far.

FeliciaOja:
I meet him July this year, everything about him is cool. My only worry is his fanatical support for arsenal which I consider the worst club on earth.

He keeps disturbing me of how his club will win the league, but whenever they lose he becomes super depressed and aggressive.

We have talked about this many times and he has sworn to change.
But this night he came back very late and was making so much noise, shouting and yelling
Then I googled scores and saw that his club lost today

I can't take it anymore
He is not the first guy I have dated that loved football. His own is that when his club loss it affects him very bad.

I have even suggested he should stop supporting arsenal but he won't listen.
After this night rubbish he just displayed I'm thinking of calling it quits.

Am I overreacting??

DrDoc:
I was the top tier all thru my entire academic days you half baked poorly trained graduate

DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

narite:
Not financial institutions in Nigeria, more like international institutions. Taking loans with this institutions mostly called exchanges is way more easier compared to our own institutions.

Despite my huge losses in the space, I have really grown fond of the space mostly due to versatility, speed and robustness. You could find almost any financial tool in krypton.

You should take a closer look at that thing. It not as dangerous as people screamed it to be. At first, you might suffer significant losses but over time you get better. So, I advise you go there with little money to mitigate against losses which you are bound to make due to inexperience.

Mynd44:
As a music lover, I almost always have something playing.

Whether working out, cooking or just working.

Checked my music history for this year and I felt I should share

jamace:
*COPIED*

FINAL EXIT OF P&G: Farewell my 1st Love.

I finished my Youth Service in Feb. 2005. I was given a letter of recommendation from where I served in Jos (Vitafoam Nig. Plc). I was scheduled for an interview at their Head Office in Oba Akran, Lagos. I was to resume in their Kano Branch as Maintenance Engineer but religious crisis happened around that time. They had to shut down the Site to forestall collateral damages. Hence, I had to officially be flung to the ocean of "labour market". My first bite of "Nigeria Happened to You".

Fast forward to 2007. I had switched to full computer engineering. I cloned Computer systems for people and repaired same in the popular Computer Village in Ikeja, Lagos. I just dey hustle anyhow to make ends meet. I always trekked from Opebi, where I was staying with the Owolabi's (May God bless that family for me) to Egbon Ojo's Office in Computer Village where I normally perch with my flash drive tied to my neck as symbol of a computer guy. It's in this state Sister Opeyemi Ajayi sent me a link to text my details to in Ibadan. I did and from that text message, my journey of 11years commenced.

I sincerely didn't know how big P&G was. I already passed UAC Management Trainee Test, scheduled for their Medical when P&G interviews were going on. A classmate I met at UAC in Lagos complained about their work culture, which was not too palatable. I shared my predicament with Pastor Kehinde Owolabi who told me how big the Company was in UK where he stayed for years. How Nigerians even lobbied and prayed to be their adhoc staff. This made me settle for P&G as my First Career Love. I resumed Sept. 13, 2007.

P&G would first host you for a month in Kakanfo Hotel in Ibadan if you didn't have anyone to stay with in Ibadan. All bills on them. The Company had bus that conveyed you to and fro the designated Bus Stop. You're trained about the culture of the Company for One Month. Free healthcare in the best hospitals in Ibadan and Lagos. Quality food at the canteen. My first salary was huge then because of all the prorated allowances. For the first time, I was treated with dignity. Naturally, the company gave me a sense of ownership till tomorrow.

Chief Olusegun Obasanjo might have his negatives but Ebora Owu knows Economics. He blocked border against products being manufactured in Nigeria. Businesses were booming. We work round the clock to meet up with orders from distributors. We only shut down on 24th December and startup night of 25th. Same thing for New Year Anniversary. We shut down on the 31st, start up 1st January Night. Full operation by 2nd. We couldn't cope with the demands. P&G had to be forced to invest more in Nigeria.

I first travelled out of Nigeria courtesy of my First Love, P&G. I, with four others were sent on an automation training with Rockwell Automation in UK. Our Nigerian coursemates for that One Month were people from Total, Mobil, etc. No manufacturing company dared such investment but the almighty P&G. You're escorted even to Visa Office by Mobile Police entourage. You're taken to and fro the airport with same entourage. Because they see you as asset that nothing should happen to. Imagine giving "ordinary technician" such honour. That's my P&G for you.

"AGBARA, THE FUTURE."

Because of the market demands, P&G decided to expand their investments in Nigeria. Paper section of the company was relocated to Agbara. Over $300Million was invested there with state of the art facility built by Julius Berger Nig. Ltd. We had Gym facilities. We had massagers. We had table tennis. We had football pitch. We generated our own power with a massive Gas Generator. Your badge is the access to doors, offices, canteen, gym, everywhere. These were the stuffs you only saw in American movies like 24.

P&G prioritizes trainings. Some of my guys like Betiku Olubunmi Jude , Gbadamosi Adekunle , etc were on training for the new production lines in Cairo for a complete calendar year. If you're married, you could go with your family, even some that gave birth there like Samson Oloyede Johnson went with Malle that did omogwuo in Cairo. My friend even named his child after the Cairo Doctor that meant a lot to their family. That's how important you are to that Company. They value you. How would you not love such company? The Femcare guys like Stanley Emite , Aderanti Yomi , Adewale Ajibade ,etc, went to Germany for theirs. That's how big P&G was.

"Agbara, the Future" became the slogan. That was the plan before Nigeria happened to my beloved P&G. The startups for the new lines started getting extended due to our Nigerianness. Custom's policy summersaults started affecting the logistics. Border flung opened. Cheaper products littered the market courtesy of another Govt policies. 3 brand new babycare lines were brought for initial installations but only 2 could be installed. Cheaper products had taken over the market before we produced our first diaper. The "future" was punctured from the world "go".

We would produce but no one to buy. Sometimes you wanted to produce, Shell might tell you, they couldn't supply gas to power you generator. You had to switch to expensive diesel to power the other diesel generators to produce to meet up with the little demands. To transport the finished products became a challenge too. The roads were horrible. Containers doing gymnastics by summersaulting anyhow on those gully-holes (because those were not potholes). I even learnt the companies around the axis like GSK, UNILEVER, P&G, to mention but few approached the State Govt and proposed to fix the road with a possible tax waivers to no avail. They told them to bring the money while their works ministry help them fix it. The companies backed out because of the integrity of the govt. Hence, the road became unpassable over time.

I will be hypocritical if I failed to mention few of the damages done inhouse. Before we even left Ibadan, stories of how pallets of products were disappearing in Alomaja wearhouse became regular news. To the point that a whole truckload of products was rumoured missing... T'ori Olorun! Guys became overnight millionaires at the expense of the company. Contracts were inflated anyhow. One that I was particularly privy of: Our chiller had issues. I and Oluwatomisin Adeoluwa Adetola narrowed it down to a defective Compressor. We sourced for a supplier online that promised to bring it the next morning. Price was #600k with installations. We presented it to the TSG Manager then. He claimed it won't fly since the guy was not on the list of suppliers. Lo and behold, the guy given it to presented #2.4m. He couldn't even fix the electrical connections, I was the one compelled to fix it for him. How that made sense to anyone I don't know.

Agbara ceased to be the future courtesy of both external and internal self-destructive birthed out of greed and untamed avarice. The investors borrowed us $300m at the exchange rate of less than #200/$. In Buhari's first 6months, it had jumped to #500. He fell ill and Prof. Osinbajo was able to stabilize it at #350/$. P&G had no alternative than to do all it could to stay afloat business-wise. Gradual retrenchment was introduced. Flow-to-work became the mantra. Before the next OGSM in 2018, it was decided Agbara plant should shut down! Hundreds of professionals retrenched. I remember the words of Akinola Jibola while we were powering down Babycare Line 1: "We are shutting down what should put foods on the tables of the generations to come." It daily rings in my ears.

I hoped against hope P&G would come back but it won't. I first heard about it from a top echelon before it became 'kariile' news. You prayed such news shouldn't be true. No one finds it easy to share the demise of his loved ones. Adieu my 1st Career Love. You actually "Improved and touched our lives". You meant well but we honestly don't deserve you. We messed you up. If you're only being abused by outsiders, you could have stayed but abuse by your loved ones was the last straw that broke the camel's back. All your "offsprings" like Ariel, Pampers, Always, Duracell, Oral B, etc would always have my endorsement any day, anytime. Love you P&G.

Built2last:
Check Project solar UK

Built2last:
long over due

If Tinubu makes this a reality and ensure the 6 geopolitical zone accross Nigeria.

I will join his supporters.

Lack of power supply is killing dreams and ideas in Nigeria.


The challenge though is that while this company tries to set up.

certain people in certain quarters will insist that if they don't have shares or if their son is not in management. The company can't operate. When Oyibo can't handle corruption. They pack up and go. May this solar company see the light of the day.

Nigeria has no business being in darkness. Me wey dey country where we don't boast of 20 degrees sunlight in a year. I still have solar in my house to support electricity. My Battery is 30 years warranty. solar panel 99 years warranty. Solar will work in Naija if we get it right. Not the solar we buy from China.

Themanleshey:
Pls look at the nan sen se this person is typing for goodness sake . 🤦‍♂️

emmasoft:
Investment One Stockbrokers will give you all the services you need.

braxjay:
Naira to Nigerians:
I am going higher yes I am
I am going higher this year
I am going above the shadows
Into the realm of greatness
I am going higher yes I am
I am going higher this year

Meerahbel:
Morgan capital

Meerahbel:
Morgan capital

Bizibi:
Still haven't received my zenith Bank interim dividend. Something is wrong.

Nairalander248:
Hello Onejoblessguy, can you justify this statement?

lyndaoyewole
h:
that's what they all say. so was yours done in 8 weeks?

lyndaoyewole:
mine took a year & 2 weeks to be dematerialized.

Yoast:
Surprisingly, Transcorp performed better than Dangote sugar in the last 1 month (90 percent gain vs 86 percent)

ABC transport is the best performing stock in the last 1 month. How come?

One day, Transcorp go make us proud

emmasoft:
Share certificates Dematerializion involves
1. The stockbroking firm
2. The registrars to the company's shares
3. Cscs Plc.
Among the three parties the bulk of the work is at the registrars office. The broker intiates while cscs receives after the job has been done at the registrars office.
At the registrars office, they check and scrutinize the ownership by confirming your signature among other things. If positive, they send the outcome to cscs and your shares are deposited electronically in your cscs account.
The time it takes them to do this is what gives the duration of demat process basically.

Most of the stockbroking firm will send out your certificates within three days and they just keep waiting till the registrars answer them.

However, all things being equal, without any irregularities from the investors details with the registrars, demat process is three weeks max.

emmanuelewumi:
If the strategy come backfire, you go just deactivate your Nairaland account sharp sharp, especially if you don market that stock as the next big thing to happen on NGX