₦airaland Forum

Toluway:
I've just made a belated purchase of First Bank, Dangote Flour, Zenith and Larfarge Africa. I've been feeling very strongly about these stocks because I believe their potentials are as positive as air. When you buy at their current prices, I don't think you need to burder about anything.

May I use this medium to thank my teachers in this great and highly underrated forum.
Thanks a million

Get ready, winter is coming in November, it brings along massive bear

nio68:
if JAT survives this i'll doff my hat for him ...N3 here we come

Mangal is from Katsina with PMB, while the DG also is from the North.

It will take divine intervention .

This is one of the fundamental problem in Agric sector in Nigeria.. production with no buyers yet demand for the product is high.

This is where the Ministry of Agriculture should come in by developing various Agriculture Business Clusters and partner with processors along the value chain to buy farm produce from these clusters at competitive guaranteed price throughout the year.

Farming is profitable and exciting with this model.

Manonamission:
The market in dire need of an impressive result to lift investor's mood else.....

You better get ready for November bear, it is coming for all of us

leo1234:
Is the result good

Summary Below:

UBA released its Q3 2017 results earlier today.
Please find key highlights of the Q3 2017 results below:

· Net interest income of N50.9bn, up +2.3% q/q; up +6.2% y/y
· Profit before tax of N20.8bn, down -35.1% q/q; -13.5% y/y
· Profit after tax of N18.6bn, down -10.6% q/q; -17.1% y/y

leo1234:
The octopus should not see this post.
The guy can't withstand 5% loss.

We should understand Buffet statement in relation to his stance as a long term investor and not as a trader. Why wait till 50% when you can cut your loss btw 5 to 10%.

enabledgoddess:
my brother be careful. there have been cases like this where family killed their own for matter of settlement. thread with wisdom and caution . it is the foundation you started with. what is your mother's say on this? I will advise you chill a bit call for meeting and settle the matter first least they gang against the innocent woman you are about to get married to. Nigerians and their entitlement mentality

Tks for this.

Pls find a way of settling this matter amicably.

One single African Magic arrow can send you back to Road One.

aquila3:
i mean ur nos, mtn is nt stable in my area i'm nw using airtel

check your e-mail oluwaseyiodunayo3@gmail.com

aquila3:
give me ur nos frm seyi

I have been calling your line 08167148915, always switched off

spidey77:
So sad. Its sadder that unlike mobile network, boys can not hack this ones....They for behave!!


Talking about hacking, i say folks of today are learning. Meet the top ten most notorious hackers that have ever lived here. Check how many of our hushpuppi yahoo boys made the list

http://expressdigger..com.ng/2017/09/top-most-notorious-hackers-that-world.html?m=1

Tks for this ...just cant keep laughing.... some folks are just too intelligent...

Eaa247:
a big congrats young man!
fortune has smiled on u.
at ur age most of ur country men nd women r struggling wit obtaining their 1st degree or battling wit job aptitude test no tanks to our backward nation

Exactly ! Fortune has smiled on the guy

[quote author=ElChidi post=60585930]Hello house, I'm based in the US and I've been seriously considering starting a business in Nigeria. I would like to invest about 20 million naira in a viable business in Nigeria and I would really need the help of my naija brothers and sisters in the house to educate me on viable business options in Nigeria.

Hope to hear from you guys.[/quote

It is advisable to keep your money if you are not fully on ground. Biz environment in Nigeria is too hostile.

jamace:
The issue of registrars doing selective payment of dividends is becoming unbecoming.

I have many pending dividends. When you write to them, some of them don't respond to emails and when you call their lines, the lines don't go through either.

Should reporting to SEC become the solution?

Don,t stop disturbing them with mails and calls. You call, they wont pick; you write mail, they don't respond. Just continue, dont relent.

This is Naija.

Do you have a locally fabricated forage chopper?

fxuser:
What is a SHAKE OUT ?

- when d current price keeps dropping below your avg average price.

wen it drops by over 10% u start re-think your initial strategy loll
den by over 20% , u start to consider avg'g down if ur liquid loll
den by over 30% , u go into denial and tell urself u will hold forever
den by over 40% , u don't want even look at it anymore



dis:
been there before , dont let it pass d first line

And when it drops by 60%, u start thinking what the hell is wrong with you.
And when it drops by 70%, u start MFM prayer thinking village people get hand

stagger:
Great story. More of this. One thing I have learned is that the earlier one starts to assemble all these equipment necessary for farming, the better. These manual ways of doing stuff on the farm has to be eliminated completely. Already, I am discussing with a Chinese company to get a combined maize thresher and sheller.

I will surely look at this corn dryer.

-I agree with you.

-We need to start changing the way we do farming. Farming need to go beyond just production and waiting for market women to come.
- Maize farmers should have a corn dryer and good warehouse.
-Dry maize should only move to the mkt at farmer,s discretion and at a time he will get value for the product.

What's your price for the milking machine.

dawahlarry:
We deliver both millet and sorghum to any location within South West part of the country.

How much per ton for millet & sorghum.

sgtponzihater1:
Read SEC statements about BGL, they said their GCN was unregistered and thus illegal. It was a Ponzi scheme, it wouldn't have stopped earlier, but some investors reported d issue and SEC got to know.

Medicine after death.

They should have stopped it a long time ago, that,s why I refer to the dirty politics which investors cant do nothing about.

Lets stay safe plz.

sgtponzihater1:
My guy investments is not for the Lilly hearted, but for the strong at heart and also for the intelligent. BGL's guarantee consolidated note (gcn), was giving people as much as 20% interest, when at the time the highest a mutual fund could give was 11% (KGIF), whereas they never registered with SEC to run money market but as stock brokers, the owners fed fat on people's contribution and their GCN was like a ponzi scheme. Now here is the cache, those who bought stocks via BGL didn't loose anything, they merely changed their stock brokers, those who lost in GCN( their MMF), lost because of ignorance and greed. The MPR then was 12%, yet they went for 20% interest, just a detailed search would have also shown that they weren't approved by SEC to run money market investments, I asked the Business manager of BGL pH then if they were approved to run MMF and he said they were working on it, I ran with my money. When an unlicensed fund crashes SEC has no hand in it, just like NDIC has no hand in investors lost funds in Ponzi. We have investment classes/meetings in PH and we discuss and remind ourselves these things, we go further to dissuade people from Ponzi schemes and unlicensed investments without a legal shelter, we also take it a notch further encouraging people to begin businesses and use treasury bills, bonds, mutual funds, and stock as shelter for those businesses and i'm glad to say none of us have regretted thus far.

Study, innovate

Ponzi Hater

BGL was an approved capital market operator and they run an assumed ponzi scheme for years in Nigeria and SEC, a regulatory body was either asleep or romancing with them. And you think they will bail you out when your investment goes bad, tell that to the marines plz.

You need to understand the politics behind BGL & SEC issue to truly appreciate the dirty murky waters of our investment terrain & romance btw regulatory outfits and some these investment outfits. The truth is the no one give a Bleep about your money.

I don't do mutual funds cos I don't trust any of those mutual fund outfits.

sgtponzihater1:
Why are u dissuading people from legal investments. Exactly 12years ago, I and my friends where so interested in investments, we read about mutual funds, DCAs, hedge funds etc, we got money weekly mags and looked for d best mutual funds in Naija. We founds Stanbic, Zenith capital, FBN, ARM, BGl as d top players (BGL was a scam), standard chartered had a similar package also. Our saving grace was not investing in BGL, because they phased out. I invested in FBN and Kakawa, my friend opted for standard Chartered, and he was really thrifty and into d magic of compound interest stuff. 3years ago his portfolio in standard chatered was about 15million, he was getting monthly intetests of about 150k and his principal was still preserved and he won't stop. When I went out of employment for a while, I remembered I had some portfolios and I felt like I wasn't unemployed, this is 12yrs and these organisations are still strong. Mutual funds are not Ponzi schemes and most Americans rigorously buy mutual funds, because u become a millionaire with zero stress.
Sgt Ponzi Hater.

- You should understand that we are in Nigeria, anything is possible. If you conclude a top player like BGL is a scam, what guarantee do you have in other mutual funds will not collapse at a point in time in the future.

-If your friend with =N=15m had invested in BGL, he will have High Blood Pressure and probably be in a mess now. Past performance is not a guarantee of future performance.

- BGL is a top player regulated by the [b]Almighty SEC [/b]and yet investors are having problem retrieving their money. It is time we all understand that nobody( SEC, CBN, NDIC or any regulatory body etc) gives a Bleep about what happens to your money in any outfit. You are strictly on your own in Nigeria when situation goes bad.

- I rather invest my fund in FG instruments and stay safe.

CuteRedd:
its too low also currency devaluation playing out.

Added with 3-20years before getting my capital I'd say that's nonsense like someone said before

- Every investment class ( Stocks, Real Estate, Money Mkt Instruments) has its own purpose, it is not wise to conclude that its nonsense just because of the currency devaluation playing out now.

- I have children that are still in school, It is better for me to lock up a fund in bonds for some number of years that guarantee the payment of their school fees for the next five to 10 years without worrying about rate fluctuation.

- We have seen good and bad days... we have seen era when Treasury Bills rate are low as 4% and mutual fund rates are even much more lower. You will understand that this is just a cycle repeating itself.

- A wise investor will take advantage of both instruments.

CuteRedd:
Warris this i yam crying

Why this cry now ?

CuteRedd:
what is the percentage ROI for FGN bonds and for how many years

FGN Saving Bonds - 2 to 3years tenor - 13 to 14% rate

FGN Bonds - 3 -20 years tenor - Rate fluctuates (10 - 16% ) rate

CuteRedd:
you can check out transberg although their model is quite different and would benefit people looking for long-term investments opportunities not short term investors.

It is advisable to stick with Treasury Bills... If you want long term investments, shift to FGN Bonds or FGN Savings Bonds.All these crowdfunding schemes are temporary and you may lose your funds.

Be wise

Toun2nl:
Please what time of year is it best to buy stocks? I want to buy for long term. And any suggestions?

- Buy after closure of books for FYE
- Buy stocks with good fundamentals
- U cant go wrong with GTB & Nestle

Saintsammurai:
SO many NIGERIA christians are with these mindset of going to church with any amount of cash in their their hands..to use for offering....AS a worker or as an employed human, that receives monthly salaries,, And as a true and a non hypocritical christian, you should be able to put nothing below 1,000 naira every sunday in the offering box. "You cannot spend thousands on drinks, food and recharge cards, including dstv and go tv subscriptions, etc.. without setting outside nothing less than Four thousand naira for the four sundays in a month, just to use as an offering, "note" "this is excluding "tithe" "Putting 100 naira, 500 naira, 50 naira in an offering box shows disrespect and disregard for GOD almighty, for he deserv much more than that.....WE dont have to be christians by mouth making, we need to show it too with our money....i hope you all change for the glory of GOD.

It is not every Sunday you have money for offering so dont blame folks that give =N=500 and below.

I give tithe and offering once in a month.

I don't bother myself with how many times they move the offering box around.

missloluwa:
Hey guys,

I'm in my mid 20's and i've been working for a few years now, my current salary is very decent and i'm striving to earn more. Obviously at my age, i'm thinking of the long term which obviously includes my career but i'm also looking forward to and marriage and kids. However, the vast majority of guys i've met are either not ready for the long term, or they're still in their 'struggling' phase.

Is it bad that I want someone who is at least on the same level as me, or maybe even slightly below? Am I a 'gold-digger' because i don't really want to 'eat garri' with a guy before he blows? I've dated these guys before but even till now their level hasn't changed much despite all their talk about potential.

I don't mind having to split the bill once in a while or even contribute but i'm a lady that's used to certain tastes. My family isn't Dangote rich but we're doing quite well, and i'd like to continue living that life or at least not drop too far below. What do you guys think? Do I keep looking for these 'almost/made guys'(can anyone tell me where to find them? lol) or do I settle for a struggler.

Life is not straight.

I have seen guys that are wealthy and successful becoming nothing within a period, I have seen those that society says they have no future ambition becoming wealthy and successful.

This is a critical stage that you need Gods guidance and the effective solution is to go to him in prayers. God will surely direct your steps.

Mup4life:
with HUGE penalties on your interest, with MMF your interest are intact with minimal charges.

No huge penalties on interest pls

Mup4life:
because with MMF you can get your money out as early as 1month after investment without penalties.

You can get your money out from TBills anytime, you only loose part of your interest which is a fair deal.

Seekinbiz:
Thanks anyway. I'll keep searching and hope to see one close by soon.

Get a Sharan Bus..
Register it in a park ..
And Drive it yourself and collect your money

chinnyonwu:
You can fund the account through an online deposit... Just like you fund your bet9ja account, or make payment online with your debit card.

Compound interest is really magical. 18% seems small but over years it amounts to something big. But im young sha. I want to take more daring risks.
Stanbic MMF doesn't invest in Stock market. They invest in same Treasury bills and other money market instruments. The good thing is that they offer greater rates and liquidity.

So why give it to Stanbic when I can invest it directly in the same TBills, & other money mkt instrument and Stanbic will still charge mgt fees for doing nothing.