₦airaland Forum

emmanuelewumi:
You are doing well, thanks for the kind words

Evangelism and baptism working well....

ojesymsym:
But it is almost impossible to reinvest your bond interest within the bond itself, or am I missing something?

You can do it...

Done it before

emmanuelewumi:
It actually took me a very long time, before I could understand the rationale behind some core fixed income investors who buy 30 years bonds.

They are so liquid, that they deploys their cash to buying real estates when are are sure of a minimum rental income yield of 10%

So are you joining or have you joined them?

Biafran4life:
oga please show the workings, thanks

You too like money oo

condomuser:
This is one of the reasons why I find it difficult investing in rental income assets like houses in Nigeria. The way tenants will owe you and make it seem like they are doing you a favour when you remind them of their due rent.

The exposure too is terrible. I have relatives that started building houses and within the first week of starting up the foundation, the whole community started disturbing them for alms meanwhile the bigger boys are doing something different with no eye wey see exposure

emmanuelewumi:
Exactly, what I told my cousin when he wanted to increase his rent to what was obtainable in his area.

Better to have good tenants that are prompt with payments and also manage the property well and earn 10% below the going rate

Exactly.....headaches are real

emmanuelewumi:
Very few landlords, they should be about 5%.

They should also be charging 10% below the going rates and must invest in verification and investigation of new tenants, in the cause of doing this the property might not generate income for months or years

I know a landlord that has not increased his rental income fee for 5years now...as the tennants are taking good care of the building so far.

He is just maintaining the rentage and reinvesting the funds into other things...

emmanuelewumi:
I thought people who buy 30 years bonds were fools, until a guru in the field explained some of these tricks to me ie reinvest, replicate and diversify with the steady coupons

Investors that invested in FGN Bonds 2037 in 2018 at 18% yield get their capital investment by 2024 (6 years) via coupon payments. The remaining coupons of 2025 to 2037 (12years) plus capital are all gains for the investors

....just know how to play your cards well.

Won't do anything rental income Investments anymore.....as am now a lazy investor that wants no headaches

emmanuelewumi:
Core fixed income investors understand the game and the so called inflation risk we are all worried about

emmanuelewumi:
The difference between the coupon and rent is N9 million per annum.

Calculate the reinvestment of the N9 million every year for the next 30 years, if you won't have hundreds of millions of Naira which you will add to your N100 million payout.

Core fixed income investors understand all these


The relationship with rule 72, @15% the investor must have gotten back his N100 million in 5 years.

The remaining 25 years is jara

The guy doesn't understands

If you know you know.....

yMcy56:
UAC-PROP UPDATE
** Shares to be acquired from minority shareholders on voluntary basis
** Mandatory take over offer: 0.90k
** Once transferred, shares may not be disposed off other than in accordance with the terms and conditions in the Offer Document.
*** Read and understand the Offer Document and the appendices very well.

https://doclib.ngxgroup.com/Financial_NewsDocs/33494_UACN_PROPERTY_DEVELOPMENT_COMPANY_PLC%20DIRECTORS_CIRCUL.pdf

Good is now voluntary and is only 3% of the minority shareholders stocks they want to acquire

Hope they will get their targeted numbers ......

maishai:
Now wapco is no longer servicing this bond, how will this excess cash be a benefit to share holders......
I hope to collect more div this year

Are you sure they won't take another bonds soon?

stockbull:
Definitely not.

Long time Boss...

yMcy56:
You get mind.

If I perish I perish. .....

OBAGADAFFI:
I will hold and see what will happen.

Me too...

Ojoboak:
They may be earning forex by exporting the rubber, if no local user/buyer. That i think is really good for them.

Now you understand the things making more money for Okomuoil plc

emmanuelewumi:
Unfortunately no tyre company in Nigeria for now. I guess there are other industries that are using rubber eg makers of insulator materials

Forex earnings

emmanuelewumi:
They have more of industrial buyers like Unilever, PZ, Promasidor, Friesland Wamco, Fan Ice, Eko Hotel, Nestle, Cadbury, Oriental Hotel, Confectionery industry, cosmetic industry, Pharmaceutical industry etc.


How many housewives use their palm oil to cook?

The rubber plantation is another money spinning for Okomuoil...many tyre manufacturing companies buy the rubber and its export (forex) earnings too.

4tunebest:
Any time I receive my Sukuk3 alert, my heart always bless the duo of Ahib Oil& Gas and Pa Emmanuelewumi for sharing the information on this thread and people like Ukay, Unite4real, etc for furnishing us with comprehensive information which helped to clarify all doubts.

I miss those days of practical investment advise sha. Dem don use bad mouth pursue some heroes away from this thread. If not for ahib, I would have finished spending all those money that was invested in Sukuk.

Any way, to everyone that has been a blessing, here is wishing you more alerts alarms to your account

Weldone Ma and good to know your doing well.

Just keep reinvesting the alerts your getting from the SUKU investment. By end of the suku investment maturity, you will surprised how much you have compounded the initial capital.

Some investors in FGN bonds 2037, 2049 and 2050 are investing their coupons in good dividend paying stocks in NSE and still getting good dividend payments from the stocks

Cheers

emmanuelewumi:
Not a bad Investment by any standard. Not forgetting that the investor earned income consistently for 12 years. Total income earned in 12 years should be over 60k usd.

The Investment was about N10 million in 2008 and now worth N100 million in 2021.

That is 83k USD in 2008 and now 200k USD in 2021.

The happened because the prices of their products are denoninated in forex

Not a bad investment at all

Hoping it will repeat same growth in 12 years time

ojeysky:
Looks like about 700% improvement but in reality it's less than 200% improvement(ofcourse devaluation happened gradually). What a country!

8.3kusd in 2008
14kusd in 2020

Everything na devaluation

megawealth01:
AccessBank is undervalued at anything below #20... Not a recommendation

Based on what Sir?

What's cooking in Zenith and Access?

GTB shedding weight like kilode

yMcy56:
UACN:
Found support @9.40?
Still observing.......

ACCESS: 8.30 ........UBA: 7.20.......
N1.10 difference?
Looks like improper fraction......the difference shouldn't be this much.

Anyway, ACCESS is still getting lots of attention @8.30, maybe it wants break-out......... we'll see.......

ZENITH, MANSARD:
Much activities here..........
Zee should do quick and overtake GT joor.......

Access is gathering weight to run...

yMcy56:
NO!
The qualification date already passed.
Whosoever is buying now will be doing so for possible price appreciation later..........or positioning for interim dividend.......coming up much later after Q2 result is out.

It's only UACN you can still qualify for, if picked today. After today, no more qualify.

Stanbic may quickly rebounce to N45, then the bonus becomes sweet

yMcy56:
UACN
Monday 14th June is the last qualification date.......
Since Monday has been declared as public holiday for Democracy Day, then today 11th June will probably be the last date for dividend hunters to pick.......if not yet seated in the bus.
Reminder
Dividend: 65kobo
Special Dividend : 55kobo
Bonus: 266 UPDC-REIT for every 1000units of UACN held (as at the last qualification date).

UBA
One entity or some entities seems to be selling while another one is buying @7.10...........this has been ongoing for quite some days now...........
We see what they're up to........once they're done satisfying their interests.

LEARNAFRICA
Quite a lot of activities here.........selling/buying/crossing upandan........
Pa Emma what's up here?

UNILEVER
Increased activities observed here since yesterday..........lots of bargainers sighted on bid table @ different bargain junctions........

VITAFOAM
High volumes crossed at @12 in early market..........guess another director is taking his/her own position as well....

Vitafoam has returned 100% from N6.

Very likely their result will be wonderful again

yMcy56:
Was marked down for bonus issue of 1:6.

Risk taker bargain hunters should keep eye here.......DD applies.

When are they giving us our stanbic bonus? No date ?

Will buy more below N40 if I see it

Biafran4life:
Please what to do with first registrars.They have refused to pay my Fidelity dividend for two financial years now even as I have e dividend mandate with them.I have written numerous mail and sometimes copy sec.They rply some times that they are on it.Then most times ignore me.Pls is thr any senior management I can copy.

Call them with phone number on their website.....

Biafran4life:
I have some afolabi unit with them which I bought then @#50

Keep enjoying

Am a late comer here

yMcy56:
OKOMU, ZENITH, VITAFOAM.......
Currently vexing on the exchange......
These stocks are possibly beating devaluation.
ZEE: Quite a lot of picks @22.90/22.95.......

DANGCEM:
Sighted @230.........seems we might not see lower low here for the share buy-back....

GTB:
Sighted @28.90........
Below 20 geng E Ku waiting o.

WAPCO, FMN......Not doing bad too......

FIDELITY.......When will you "gbe body"?

Welcome back

Biafran4life:
Oga use official price in your both calculation .And not one official and the next black market

Better he used black market as it's the easily accessible route for retail investors

STNWAUME:
In 2013 exchange rate was N160 per USD.
N10m Naira was equivalent of $62500.

Today exchange rate at N500 makes $62500 equivalent to N31250000.

In 2013 someone that invested N10m Naira in USD at N160 today the investment is worth N31250000.

That's over 150% profit.

Naira don suffer o

Am surprised the fixed income Investment in naira still equate dollar investment in your calculations