₦airaland Forum

ibechris:
Since I was born down to this very day of my existence,I have never met a rich teacher.
Surprisingly, in my 4th year in the University in one of our real estate finance classes,i interjected and boldly asked my lecturer an intelligent lady then,and i said ma, can u teach us how to make money with the application of this course.

Trouble:
She went beserk and said it boldly,I am not hear to teach u and others how to make money,if u want to make money that I should go learn a trade or do something that will give me money.

Since then, I knew no one will teach u how to be successful except u (yourself). It is not about making the money but preserving it by taking certain investible risks. Most educated people in Nigeria are afraid of taking risk,that is why u see these men in business doing well especially these Igbo guys who usually go through years of learning a particular trade and most end up doing so well. It is not about school but mentoring and being able to apply what u have been taught.

Hahahahaha

Make una no kill me with laugh

emmanuelewumi:
Most of them will invest in Ponzi scheme, High Yield Investment Programs, businesses that will flop. Some will take their severance package to their pastors and imams to pray over the fund. They will pay tithe, first fruits, sacrifial offering, [b]embarrassing offering, [/b]sew different types of seeds, breakthrough offering, exponential growth offering etc.

The best bet is for every worker to Invest on a regular basis while working, do this during your working life. When you do this, whenever you are paid your severance package you already know where you will invest the money and you won't fall for the antics of scammers, spiritualists and smooth talking businessmen.

Hahahahaha

Oga Emmanuelwumi no kill me with laugh

Real EMBARRASSING OFFERING

bigjay01:
NSE is back online

HW sold another 4m & 13m shares on 22/01/2020

118m+ and counting

http://www.nse.com.ng/Financial_NewsDocs/28627_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/28634_ACCESS_BANK_PLC._CORPORATE_ACTIONS_JANUARY_2020.pdf

this is what we know so far

What is really going on in ACCESS?

So HW no want chop their N1.00 dividend from the audited FY2019 result? or is it audio FY20197 report card?

Only TIME will tell

Chibuking81:
https://businesspost.ng/economy/dangote-cement-shareholders-eye-more-dividends-from-share-repo/
By Dipo Olowookere

The share buy-back programme proposed by the board of Dangote Cement Plc has been approved by shareholders of the company. The scheme was authorised at an Extraordinary General Meeting (EGM) held in Lagos on Wednesday.

The board is planning to repurchase shares of the cement firm at the stock market. About 10 percent or 1.7 billion units of the company’s entire 17.04 billion issued and fully paid-up ordinary shares of 50 kobo each are to be mopped up from the market using funds from retained earnings of over N700 billion as at the third quarter of 2019.

According to the scheme, these equities will be bought back within 12 months and no director of the company would be allowed to participate, while the purchase price will be at the discretion of the board.

At the meeting yesterday, some shareholders of Dangote Cement commended the board for this initiative, saying it will enhance the share value and juicier returns on investment.

President of Authentic Nigerian Shareholders Association, Mr Mohammed Audu, expressed hope that the money realized from the ‘share buy-back’ by the shareholders will be used for investment purposes.

“The share buy-back will ensure that the value of our share will go up and we are also sure of getting better dividends. So, as you can see, all the shareholders here today voted unanimously in support of the motion. We voted for it and also thank Aliko Dangote for making us richer,” Mr Audu said.

on his part, National Coordinator Emeritus of the Independent Shareholders Association of Nigeria, Sir Sunny Nwosu, said, “As shareholders, we have been clamouring for share buy-back for so many years and today, Aliko Dangote has given us hope.”

According to him, the repurchase of share shares from the stock market “is very good as against the practice of share deconstruction that is being practiced by some Nigerian companies which never gives back anything positive to the shareholders.”

“We are indeed very happy with this (share buy-back) and we are also quite sure that with this that you have done today, you have proved yourself to be the best chairman of all the corporate companies in Nigeria,” he said, emphasising that, “We know that this arrangement will lead to share price increase and more dividends for the shareholders.”

From the last bolded statement it shows that Alh the chairman was there physical. But whether he was there or not, everything there went according to his script.

We pray make ALHAJI make us proud this year oooo

We are with him

PuristForest:
From a purely technical point of view, it has the potential to return >200% before Q3'20. Very far from being a newbie, im only asking for the market potentials.

Oga champion brewery is one of the school fees l thank God I didn't pay when one oga was sweet-talking about it inherent and palpable growth about 4 years ago.

I was tempted to jump in but after my personal due diligence for about 2 weeks in the stock's financials and asking about their services, I decline entering the stock. This is becauseit didn't fit into my investment principles. ..

You may make your profits if it is ok for your investment goals

Coolcash1:
Over 1m units tied down in caverton since last year...( very unusual of me )

Any prospects on the stock or I should sell and re-invest in Wapco...

Please I need advice abeg....

Oga, if your not in loss after selling now, sell it and put your kaya in MMF, bear is coming and enter better stock..if you will be in loss after selling, don't sell, collect the kekere dividend chop, wait for possible post dividend rebound and jaa. ...

I have Afolabi units of CAVERTON, left it for dividend payments for now until better bull come before handing over my kaya to people that need it....am tired self holding the stock. ..but not to sell at a loss.



WAPCO,though my little Afolabi units i have there is showing green, but am living it for dividend payments only.

WAPCO may soon come down after the earning seasons...except you want to start averaging down when long suffering bears will show up from April to August

bigjay01:
@Mcy56

as trading engine is down, we need live updates abeg

Men in black are doing what they know how to do work...

bigjay01:
Wetin dey there?

I wrote down 850k in Bank PHB. E no kill me, all na part of my school fees.

Oga Bigjay, my school fees in Transcorp and updc plc still de in my portfolio to teach my children and grand children that stocks is not always about profit takings, also there is LOSS TAKINGS. ...

PETERiCHY:
EXACTLY.

For the NEWBIES that don't know how this stuffs works.close your ears to war mongers and monitor your portfolio meticulously from November till April those 6months are the PEAK PERIOD.

EXIT the market in the month of MAY for the so called LONG TERMERS and enjoy your LOOTS in peace.

Even during the dreaded stock GLOBAL MELTDOWN in 2008.I was in Singapore the ASI peaked in March at 66000bpt before it started declining in the month of APRIL after released of 2007 F/Y and 2008 Q1 results by SEPTEMBER it become GLARING there was serious fire on the mountain..

Due to this strategy some of us weren't affected much by the 2008 stock meltdown though I later paid heavy dues with BankPHB in 2011 and OANDO in 2014.

That's why we always preach SELL in MAY and GO AWAY then come back in NOVEMBER to repeat the circle again and again

*ThE OcToPuS*

Ogas Perooo...you buy Bank PHB then thinking that one day your car will run on water...

LooooooooL

rebekah2011:
Dear Esteemed Brokers, It has been brought to our attention that Investor CSCS Account Balances reflected on the trading engine does not capture trades executed yesterday, 14th January, 2020. Brokers are advised to trade with caution to avoid incidence of overtrading; volumes traded yesterday should be considered in arriving at positions for today. Where unsure, please reach out to the CSCS. Kindly note that the CSCS is working on speedy resolution of this issue. All inconveniences are regretted.

I just saw this now, NSE indeed put this information out to the investing public.

Nawaooooo

So 14 th Jan was Audio Trading day......

Loooooool

Toluway:
You have said it time and time again. No point repeating yourself, otherwise, you would become a bore. Once you took your decision, just observe and stop talking. I so much respect your strategic ideology, which doesn't come cheap.

I also sold since early last week when it became crucial for me to enjoy the victory of having my gains in my pocket instead of leaving it in the tempest of rascally waves and started looking out for another opportunity. A vulture is a patient bird.

Be ni Sir

Marlianvestor:
More reason, why I trade with momentums on NSE. Even the anticipated N2.50 dividends Zenith would be paying for FY2019, I have already taken my own from the market this year. Sub-optimal in this market to wait for the declaration date. Hoping to repeat the cycle at least twice before the declaration date... That's my style re. Zenith. And I stick to it, at least the last 5 years now...

Correct man.....you be real Marlian Sir..

....but make your T-shirt no tear oooo

Loooooool

rebekah2011:
You bought Zenith at 16 and it gets to N30 you no sell. You say you dey keep for long term. The thing will just come back to N16 again for your korokoro eyes.

Loooooool

RabbiDoracle:
Abeg tell them.

I still have a bank yet to be sold completely. And they say I am not in the market.

You sell in tranches.

I will still leave that one together with other afolabi units in other banks and collect small dividends on them.

When it is time to hold cash, my brother, heed the call o. You lose nothing.

Someone complained that his FCMB gains had vanished.

Even OGG sef held cash. At least he told guys that he sold part of his Access. Whereas some people will sell and no one will know. Who is fooling who?

Oga Rabidoracle. ....we don hear , a beg leave us

Some of us sold to enter Alhaji cement

If everyone sell now, who u go buy from in NSE?


LOOOOOOOL

Toluway:
Buffet doesn't apply here in a scenario of herds mentality. Try to long a good fundamental stock here for long term and see whether you will not end your journey back in the bus stop, like travelling on the earth on a perceived straight line. Here is a place where every stock is bullish during bullish season. I made the most profit in my portfolio from an illiquid stock that made 1% in it's last financial statement!

Oga well done

DeRuggedProf:
He knows well that he will use half of the cash realised to replace his holding by the time the auditors are out of Access' sewage......

Very true

bigjay01:
Only goodness knows why this man is offloading
approx 100m u it's so far.

Boardroom war going on....H.Wigwe may be very angry with the boardroom and auditors. ..

ExLaidback:
Thanks boss/Ma'am

More profit to your folio and God bless

Please Sir put eye on uacn and dangote cement share for us a beg.....

Mcy56:
Chai! Seems I'm so addicted to this thread.....
Let me come and be going before someone reminds me that the thread doesn't belong to me or that I'm an audio shareholder.

Audio Shareholder. ...Loooooool

Please Ma, we need your continous input in this forum

ExLaidback:
Loool. How can. Abeg ma we need you here. Please. We need your soothing effect on the members �.

Long time Sir. ....being long time

Thanks for your contributions. ...we need more of this info

RabbiDoracle:


I'm spending my loot.

How Sir. ...better enter market now bear is showing up. ...

RabbiDoracle:
Na you get time to reply people. Let them have any impression they want to have.

Oga your boys know say you no de do JIJO. ...

Just tell us when you go re-enter market a beg

Agbalowomeri:
Genius bawo abi boys dey hustle

Loooooool

Even Oga Agbalowomeri sells his uacn , am not selling mine till km 20, and even to hold my kaya till the unbundling to get my free shares of the unbundling.

Am even waiting for uacn to reverse to km8 to 9, to load more.

emmanuelewumi:
The risk free way to enjoy your bond it the ability to hold till maturity, it requires discipline and ability to think through before committing fund to any Investment.

We have people who will buy Treasury Bills of 91 days and after 30 days they will be planning to sell due to one emergency that requires money. This is a sign of indiscipline and carelessness.

That is why I always preach diversification, before committing funds into an investment we need an emergency fund that can take care of a minimum of 3 months of our expenses.

If you are liquid with different cash flows you can always take advantage of when bonds are cheaper due to interest rates fluctuations and buy more.


Investors who invested N100 million on FG 10 years bond at 16%.
Will receive a coupon payment of N16 million for 10 years and then get his N100 million after 10 years.

If part of the N16 million coupons are Invested in inflation free Investmens like real estate, defensive stocks, personal business, Eurobond. I think such an investor would have hedged inflation.

Well said Sir.

Some investors are even holding FGN Bonds upto 2037 to 2049, while enjoying the coupon payments 6 monthly till maturity.

Multiple streams of income from investment keep you moving and solving different personal needs.

RabbiDoracle:
charts don't lie.

Please Sir, what is the chart showing now?

RabbiDoracle:
Madam, I don't think I rely on another person's strategy. I have mine that I have consistently monitored and I have reaped from it.

Now is time for me to keep cash. Now 80% cash holding.

When do you intend to go back to market Sir?

Mcy56:
Okay sir ............but maybe not at this time. We're observing shey.

The thing is, despite the debt, they were still able to pay 64kobo in their last financial year when it was selling at N6.
So without debt, I think they'll do more, just a matter of time.
Well, I no Sabi anything o.

I know madam. ..

Am just bargainingto buy more units @N9. ...am already in the bus..

UACN may surprise us with good dividend a and even bonus share....1 in 10....anything is possible with UACN


Loooooool

Mcy56:
UACN reversal...up......from N10 to N10.70 now.

Those waiting at N9 can continue waiting

We are still waiting Madam....it must come down to pick more units

aremso:
Are those charges up to 10％？

No Sir

bigjay01:
Not more than 3.5% max. You do the maths

Yes Sir. ...just pointing out that there are charges too when you sell.

bigjay01:
U go come lose 10% of the dividend in the name of tax.
Selling before markdown makes a lotta sense. However, we have seen a lot of times when the stock gains str8 away the next day after markdown.

When you sell too, what of the broker, cscs, sec charges?

May Dangcem and UACN come to my junction to pick more units


Still waiting ...