₦airaland Forum

sky2891:
Thank you so much but if I am ready to loose out on one, which do you think?

Bamo2020:
My salary now is about 237k
Actually my net is 102 after all deduction n I guess dats my disposable income
I shall be spending max 10days
My budget for d vacation is about 300-500k
Yes my wife is working n will be responsible n stay with d kids wen am away
Thanks for your response.

Bamo2020:
Pls I need expert advise
I applied in 2018 for a 6months visitor's visa & was refused because the visa officer felt the money in my account was not mine(1.8M). I am a public servant, earns 219k,
I am willing to apply again now n I have all the following;
Salary account balance=1M plus
Savings account balance=500k plus
CAC docs, LPOs of job done n biz bank account balance = 1M plus
Marriage certificate
Accommodation thru Hemmingsway safari cos am a member
6months pay slips
Am I good to go? If not ur expert advises r needed pls. Thanks in anticipation

RabbiDoracle:
There is an unwritten rule that when the developed markets are in recession or depression, investors should spread out to emerging markets where their money will keep working. Money must continue to do work. Where there is uncertainty, investors tend to move into areas of certainty (economies that are not affected).

Those in developed markets are faced with the options of holding cash under a very painfully low yield of close to zero interest or investing in bonds with negative interest. Since more of their companies will be closing down or going into bankruptcies (this has actually started), performance in their stock market will be below par.

On NSE front, we are faced with painfully low yields in the fixed income space or wonderful dividends in good companies. Some may want to hold cash, but for how long? So try reading about recessionary investing and act accordingly.

We will be watching to see what happens.

Flexvilla:
I researched yesterday online about it and found out that the TB test should only be valid at the time of application. You can travel with the expired test result and if they need a new one, there are X-ray machines at the airport where it will be done free of charge. Someone in the UK also verbally confirmed this to me last night too so no qualms.

Travel with confidence.

famzynet:
Thanks for this response. I can't go and dash them 58k.

megamart247:
What of an investor who invested 1million 15yrs ago in Firstbank. Nigerian breweries. UAcn. PZ. Wapco flourmill. Guiness. Uac Property. Oando. Cadbury nahco. GSK. African Petroleum to mention but few?

Or you intentionally like picking the very best performing stocks to paint how lucrative the Nigeria Stock market is whereas it has turn millions of people to paupers

emmanuelewumi:
The property bought for N12 million in 2004 which is currently worth N18 million in 2020 over a period of 16 years.

Gave a poor returns of about 2.5% per annum compounded over a 16 year period, either the property was overpriced when he bought it

That N12 million invested in a very conservative money market fund at a below average return of 8% would have compounded to N40 million in 16 years..

You can do the maths.


Compound interest, this is what some people don't know. But fixed income Investors understand it so well.

onegentleguy:
Great BUY @ the current mkt price... but am sorry, its not the coy am referring to.

Regards

onegentleguy:

I even modified the post u quoted. ...look up !!
It's even a bit better !!
Chai... NSE !!
I no fit shout.

It is well.

onegentleguy:
Chai !!
...I just found out what I consider one of the cheapest coy in the market.

With an appropriate blend of valuation models, FVE estimate is at over 182% discount from the present mkt price.
Even if the stock were to be immediately liquidated right now(and all other stakeholders get their share) a minority shareholder will get a cash reward of near double the current mkt price.

The coys technicals also shows that price may have bottomed out, while current beta peg signals a huge possibility that an investor who aligned at the low price end(Ytd low) will be in for some big gains/ROI.
...infact, I see a probability that's already equivalent to 1 !!

It is well.

PresidentBuhari:
It"s the last one on this list, the FGN just paid it now. I noticed there is a difference of N20k from this coupon payment compared to the last coupon 6 months ago. Today's coupon is less, is this usual?

Thanks

Donbrig:
I understand your line of disagreement, maybe I am just too patriotic, I love Nigeria I nor go lie. I just received my coupon from my Jan 2022 bond, it has never taken more than 24 working hours to get interests or coupons from all my naira investments.

nosa2:
I have physical bullion in a vault

nosa2:
I use Bamboo to invest in the US stock markets and can now buy stocks (like Apple, Amazon, Google) right from my phone! I think you’d be interested. You can sign up now in less than 5 minutes. Signup link:

https://app.investbamboo.com/invite/peter560675


My referral link

nosa2:
https://www.cnn.com/2020/07/27/investing/gold-price-record-high/index.html


It's not too late ooh. This baby is going to $3k

PETERiCHY:
SEPLAT gradually coming to our N150 junction.

BARGAIN HUNTERS TAKE NOTE!

thesilentone:
FMN is being quietly loaded at KM17 for over a week now. Is that a sign? Same thing happened to Guinness before it responded to gravity.

I don't have either stock.

leo1234:
Chibuking is an easy going man but he no dey hear word


What he said was very okay but that does not justify his previous posts that was based on mere wishful thinking.
I hope he will not come with school fees bonanza this September

Chibuking81:

Leave this Chibuking alone, am interested in more amount of share to buy at lower price, that will enable me receive huge dividend, if possible always get back my initial invested capital in 6 years, if my entry price qualifies me to get 16%/18% percent of earning per annum in one stock.

I don't believed much in jijo, but focus heavily in investment, when a company price moves up only few amount of share can be acquire, but at low price much will acquire.

Most oil company will be good for investment now because more share will be acquire for future use, company like Seplat, Total, Eterna, Conoil, Ardova Plc, Company like Caverton, there lies the principle of be greedy when others are fearful, and fearful when others are greedy.

For an investors, every action in stock exchange is win win, if the stock moves up, he gain through capital appreciation, when stock enter bonanza he also win by buying more amount of share with the same money that would have get him lower amount of share at its high price.

That's why buying sound fundamental stock with good history of dividend payment at lower price, is more preferable for an investors, who investment monthly or at intervals.

RabbiDoracle:
A Snake has started to eat itself from the tail.

When will the world meet to talk about the volatility in the USD (Bretton Woods: Season 2) and its effect on global economies? The gidigbo will not be here!

Which currency will then be adopted by the world?

Fed is using a cup to bale out water from a tsunami.










When is Fed money going to flow towards our NSE?

We are patiently waiting

RabbiDoracle:
You just dey everywhere.

RabbiDoracle:
My advise is to stick with those banks you mentioned. Entry price is key though.

Imagine having a Dividend yield of appr 24% per annum after deducting Witholding Tax on a bank stock while most of the fixed income instruments in Nigeria gives less than 15% (saving rates OGK%, Tbills 3.4%, OMO 9%, bonds 12.6%).

OGK ~ Only God Knows.

If you are investing during this period of global recession (occurring in developed markets) which could have effects on other smaller markets, try and concentrate on the cashflow you receive (dividends). If you are satisfied with the percentage cashflow you get compared to the cashflow you get when you leave the money idle in the bank or in other instruments, then you can go ahead and invest.

Your capital may suffer slight decrease especially if you buy high and prices decline. But your cashflow in percentage term remains the same as long as the dividends remain the same.

Goodluck!

Tvegas:
l mentioned this weeks ago. Wapco remains one of the most undervalued stocks on the NSE. When it's bull run starts no one will be able to catch it. This stock shouldn't be selling for less than N30 right now.

BUA paid a dividend of N1.75kobo out of N1.79 made in FY 2019. Wapco Half year EPS Is already N1.48 kobo. Full year may witness up to N2.50kobo EPS or more as things stand. Tell me a more underrated stock. Buying more on Monday.Result looks forged and unreal.

leo1234:
Please when can I withdraw money for stock sold today?
Will the weekend count?

MonsieurCoder:
DrAwo
Rabbidoracle
Ukay2
Mcy56
Emmanuelewumi

@everyone

Please, what do you think about these stocks at their current market prices for a long term (5 to 10 years+) investor who hopes to reinvest earned dividends over time?

Dangote Cement
Dangote Sugar
Julius Berger
Nestle
Nigeria Brewries
GTBANK, Zenith, UBA, Stanbic IBTC
CUTIX
BUA CEMENT
LAFARGE AFRICA
MTNN
FLOURMILLS

Also, any other recommendations (dividend paying stocks) will be really appreciated.

emmanuelewumi:
Airtel Africa dividend just paid @

$1 to N430

Grupo:
No need for the insults.

Enter plane tomorrow and come back. At least, you can enjoy the opportunities that the CBN is providing.

Rose99:
Thanks! I downloaded it and I was able to access my account. You are right, it's really amazing. I wonder why such an amazing app got so muany bad reviews.

RabbiDoracle:
Zenith should pay 35kobo abeg.

This will be a cushion to the hardship caused to shareholders by the covid.

Mackelson:
I believe Turkish Airlines is flying from Cotonou at the moment. Its just to find a way to cross Seme.