₦airaland Forum

emmanuelewumi:
March 2020 is a wonderful month for dividend investors.

Zenith bank
GTB
UBA
United Capital
Afriprud
Afriland
Vitafoam

Awaiting my ZB, ucap and APR

I have already paid myself dividend ...UBA

emmanuelewumi:
Trading stocks for a living and relying solely on the stocks capital appreciation is a recipe for disaster and high blood pressure.

It will really make one to see equity investment as gambling, and many may develop cold feet and run away forever

Diversification is the key...

At August last year, this 14.8% FGN APR 2049 was being auctioned at a discount price of 15.5%, but many investors were busy investing in NTB only...but now NTB is all time low....then confusion everywhere

emmanuelewumi:
You are truly diversified. And those bond coupons, Treasury Bills interests, stock dividends usually arrive when they are really needed

Yes Sir.

My 26th April and 26th October coupons are hitting the equities this year

Let the equities prices reach bottom, we go follow am

Loooooool

OakPearl:
The billionaires investing in it aren't thinking of dividend just yet.
28 million shares traded at the moment an it still refuses to go red like the general market trend.

I just bought more Afolabi units some minutes ago....let's see how it goes

Jejebabaa:
Dr Ukay2, I really wish I could but what happened when you have tool failure and your junior on the field had to wake you up to do some troubleshooting and the likes. Wont you watch money acquired through that means and sleepless night with an eagle eyes. Infact, there are some terrible jobs you go to and you wont be able to sleep for 3 days especially if you have tool failure back to back.

Sir I understand. ...it is not easy.

I will advise you to buy some FGN Bonds when the yield increase again....I will remind you when the yields improve. ...currently it is about 12%

I have been able to acquire good values of FGN Bonds with average yield above 13.8% of 14.8% FGN BOND 26-April -2049. You will be getting the coupon payments of 14.8% every 6 months till maturity.

With that, you can sleep well and be reinesting the coupon payments either in equities or reinvest it in FGN Bonds.....compound interest

For me, any investment that I cannot sleepwell in the night is not worth it.

I cannot pursue money at the risk of my blood pressure. ....Loooooool

Godisfaithful:
Focus on the message not the messenger. Don’t worry I will buy zenith @15 or below, UBA @4 below, GTB below @20, etc. it is just a matter of time. And at the same time, devaluation is looming. Let them keep shifting the goal post...

We are also going to follow you to buy more units at that time....meanwhile, we must chop this dividends, clean mouth and still follow you to buy even ZB @10, GTB@12, UBA @2.5, UCAP @0.90K.

We are ready to keep buying as far as the price keeps coming down....more portfolio increase

emmanuelewumi:
Oga Jim will go home with a dividend of over N10 billion in March 2020, will get another interim dividend of N1.2 billion in August 2020. Who says steady residual income is not good.

Part of the dividends will be diversified into other investments or buy more Zenith bank shares

Waoooooo

The dollar speculators are not seeing these figures

And Oga Jimmy is still increasing his holdings in ZB because he believed in his investment in ZB.....his not buying dollars but reinvesting in naira ...moreover, his boy is in the CBN...

mendes911:
I follow my shadow and body language oooo.

Loooooool

YerYer:
They haven't reported yet. Will report in the next 3hrs. I don't see any dividend though.

Thanks

Am 98% in SPCE

mendes911:
And $67,000 invested 3 years ago in the likes of Flour mills, WAPCO, NB, Guinness will be worth less than $10,000.00 today.

They wouldn't tell you this one!

Keep eyes on your investment and follow the money bags always

You won't go wrong

emmanuelewumi:
Policies will come and go, try and position yourself to benefit no matter the direction of the policies.

Nigerian banks have mastered the science and art of making money from the country no matter the direction of the economy or government policies.

Yes Sir.

Very correct

Am waiting to increase my holdings in Jim Ovia Bank soonest....will definitely increase it before closure of register, collect the dividend, still re-invest it in ZB.

Already in April 2049 fgn bonds giving me better coupon payments

Will be re-investing the coupons in ZB, Dangcem and updc reit shares going forward

Make the prices of the stocks keep coming down, we will keep buying them until we reach Agbalowomeri bottom price

Northeastern:
@myjoy, the prophet whom none of his prophecies came to pass.

Someone is investing local and you are here talking about devaluation. Why do we always look for ways to take away from facts. The guy you quoted never mentioned that he brought in dollars to buy APR. Why? Because you are now a currency speculator. What happened to y'all's call for devaluation?

Your in the spirit

Dollar speculators. ...Loooooool

Godisfaithful:
Sir, I was keen on your previous explanation about going long term with NSE without taken external factors (like flip flopping policy) into consideration (exchange rate in particular). Have you seen the recent news from CBN regarding people with domiciliary account?

Oga leave exchange rate

We buy and sell in naira here

Loooooool

YerYer:
SPCE reports earnings today after the closing bell. What are your moves? Holding?

A beg what is the result of SPCE?

Any dividend?

emmanuelewumi:
N12 million invested in APR shares 6 years ago is now worth N50 million plus dividend of over N20 million making a total of N70 million.

A good Investor tries to diversify his investments, he can invest part of his dividend income into dollar denominated investments.


N12 million @ $1 to N150 is about $80,000.

@ $1 to N400 .
$80,000 will be worth N32 million

It is still a good investment Sir.

Meanwhile, are we buying things in Nigeria with dollar or naira?

No mind me oooo

Jejebabaa:
Gbamsolutely.

You are absolutely spot on. To see over 32% gain disappeared and turn back to loss again is sth I wouldn't forgive myself this year if i didn't listen to Oracle knowing fully well that I also took a forex loan and devaluation rumours still loud and clear. It would have been a double disaster for me.
With average price of around 7 naira uba that went to 9.25 (32% gain) wiped out and then turn to loss would have been my biggest regret this year.
Oracle, thank you so much and God bless you for that timely advice on this platform. Pls dont allow any imams, pastor, traditionalists to silent you on this forum.
Money was hard for people like us to come buy because it wasn't an inheritance as it was gathered through so much sleepless night and sacrifice.

So much sleepless night. ....hahahahaha

A beg begin de sleep now oga Jejebaba

Oga RabbiDoracle will not be silenced

seyisanya:
You're welcome to the RED PARTY sir.
DRESS CODE: Red on Red.
Time: 10 am prompt.
Venue: Various locations. Attend the closest to you.

ATTENDANCE IS STRICTLY BY INVITATION

Ok Sir.

Hope your jijo ministry never enter one-corner dance.

RabbiDoracle:
Where is veecovee that said I was acting God?

Most who complain now could have heeded to the message and not attack the messenger.

Few listened and they are glad they did.

Control your greed especially during market euphoria.

Some people can't even open their portfolios.

Stop catching a falling knife.

Uncle Tolu, how far?

The movie is still on anyway. Relax and enjoy.

Oga Rabidoracle relax, we go buy more at bargain prices

People must buy for prices to crash, otherwise na static market you want to see in nse

lancee:
I did oga after 2 rounds of 10% from my 2 porf ..finally positioned for dividend of 2.70k ..But with the 2.50k ..Zee still went down as usual

Will know what to do from early trading morrow ..if mkt fit come back small few days i fit bail otherwise na long term investor be next thing..Thanks

Oga you be Zee investor now..oooo

I wanted to enter ZENITH on Friday, but because I was too busy at work, so I said till Monday, also too busy at work , only for me to see price list yesterday, na red wine everywhere. ....na so I gentle now

Maybe will enter at a good bargain price now.

Dangcem is too defensive for now....my uba loot is there, will buy more when it falls more

RED COLOURS EVERYWHERE TODAY

Am waiting for more to enter at bargain prices

OakPearl:
I will search for a link.

Thanks boss

Bought SPCE @$27.23 last week, now $37.35

Bought Nokia @ $4.32 last week, now $4.20

What are the potential of these stocks above ?

Thanks

Still testing the waters.

Does SPCE pay dividend?

Please oakperl, can we be getting daily closing prices after daily market close like we have from Morgan capital in Nigeria.
If you have any link on daily price close, can you be helping us to share it.

Thanks

Hottdawgg:
This is an extremely important observation. What guarantees are there the intermediary will not take advantage of what is clearly a loop hole? My account is loaded and ready to go but this alongside unfavorable exchange rate with Trove bothers me as a new entrant.

OakPearl you have started what to some of is a dream come true. Thanks.

My other concern is how long is this going to last? I am not an economist neither do I pretend to be but this appears to be a form of capital flight that may put further pressure on the naira. Is it sustainable? What happens when our govt says no, enough is enough? Or should we just revel in our fools paradise, being the risk takers that we are, hoping for the best? When some of us joined in the NSE bubble that was promoted on NL sometime ago, we had no such fears.

This is aVERY IMPORTANT POINT RAISED.

I think we should deliberate it a while

Thanks

Toluway:
I tried but couldn't find bid and offer in Trove. I dont see market overview that shows that. If im not mistaken, that's one of the limitations of trove. It is not a trading platform, it is just an intermediary.

Ok....we hope for more improvement going forward from Trove

@Oakperl, I didn’t see the bids and offer prices of most stocks during trading hours yesterday. .....is it possible am missing how to use the Trove App. .....that made me to buy the 2 stocks at market value because the limit prices I put op failed several times, then I used market value to buy.

If you could share snapshot of how bid and offer prices appear on your trove app, I will really appreciate it.

Thanks

OakPearl:
Go for stocks with consistent quarterly dividend history.
Note that the dividend yield in this market is far lower than what we are used to in the Nigerian stock exchange.
I am yet to do a proper profiling as my initial focus is growth stocks for capital appreciation.

I intend to follow up on that later.

Thank you Sir.

I bought SPCE and Nokia yesterday

Please do and be coming around to guide on on this journey

gamaliel9:
I am not yet an expert in picking stocks...sometimes i do follow follow...or if i see a stock with good fundamentals rising...i buy it...once i hit 10 to 15% gain i sell it...then wait for another. Otherwise i am a dividend investor...

Sorry please be given us some stocks peak and those good dividend paying stocks

How are dividend payments going to be? I it via my wallet then I use it to buy more shares or I just withdraw it.....

Thanks

gamaliel9:
Yes Sir....you got it,so that you can use it to trade.

What are their requirements to open account for US stocks trading?

Thanks

gamaliel9:
Within two hours, but you must exchange before 2pm...otherwise you get your dollar the next business day.

It is still better with N362 compared Trove App N368 to $1.

Also it's good to convert before 2pm, so that you can start trading by 3-9pm in USA stocks market

millennium2012:
Check out http://dividend.com

Thanks boss

gamaliel9:
Chaka is 362 to $1

How fast is their change of naira to dollars?

N362 is very reasonable

Am reasoning opening another account with Chaka...the way your promoting it oooo
Loooooool