₦airaland Forum

Ara agbaala shareholders fund

The details of the damage speaks sabotage!! Not vandalism.

KarlTom:
Tomorrow...

Ewo... Alhaji might not declare for boys oo... Project future goals

KarlTom:
Changing and postponing of BM everywhere

Did Sugar post again?? Meeting should be ongoing...

The 3 stages of bear :
MPC bear(ongoing)
Fixed income bear( coming up)
Post FUGAZ dividend bear( in the corridor)

Plan well.

Streetinvestor2:
Foe this year I will be investing and rebalancing my portfolio to only two sectors. Food and power. And gambling with onado.


Wale pls pay me #20....on that mandate I still stand

This is where it is for the year and beyond if they(gov't) perform remarkably with their interventions and policies.

megawealth01:
Patience is a virtue

On the bright side foreign participation on NSE is down to 8.5%

NESTLE declared no dividend for 2023FY. Ice cream.

EPS 67 to a (100)

aremso:
BBAI and the rest I mentioned are on fire!

Right timing here. Relatively had the best weekly chart among others. First breakout on the weekly, already 20 up. Gauge the sentiments people.

I also notice earnings coming up on the 7th. Good timing, especially with a projection of an above estimate.

https://businessday.ng/news/article/foreign-investors-hit-brakes-on-nigeria-over-volatile-naira/


https://nairametrics.com/2024/02/22/nigerias-money-supply-hits-new-all-time-high-of-n93-72-trillion-in-january-2024/

I'm sure the market can take a further 20-30trillion from the flaoting cash. They should bring our stolen wealth to the stockmarket and stop looking for a way to change it to dollar and adding to the multi-dimensional inflation

This maze go long oo

Ass lickers! What's the project report on the East-West Road as of today! B@&#@rd

Tentatively One of the few "iconic" engineering construction in the country. Let's see project report by 2027

Idiot.

BuchyD:
It's been mostly red this week. Let's see If today will give some respite

Effects of Bonds and TB. We might get more depending on the outcome of the MPC meeting next week.

Let the dollar and naira do its thing(the outcome is sad due to the malevolent individuals that heads the affairs), but you just made 10baggers for days such as these. Find opportunities that are present and will always be. Though not immediate(except lucky), but everything will work out fine once the minimum wage kicks in. It's just a reset. How quick we turn the tides rest on these not-so-benevolent leaders.

....

*Just thinking*

Who is looking for dollar to import what exactly at these ever increasing custom rates and for who to buy?

Clearly everyone is just converting their savings(if they have any) into dollar

When all these assets should be going into the stock market for export-exposed coys and utilities(expecting subsidy removal).


Yet again, you can't blame the average Nigerian for refusing to trust the government when the latter has consistently failed to lead.

My dollar assets are doing well likewise my naira assets. I will not be switching currency lanes.

Its now a game of trust- the government has to win that.

Agbalowomeri:
Does it really make any sense converting dollars to invest in stocks at this rate?

It's a trick question.

KarlTom:
NB...

This one loud oh!!!

RichEstate:
I'll rather join a registered cooperative. Some of them loan members X3 of amount saved at 5% to 8% rate but you must have joined 6 months prior to taking loan.

Yes, bank loan is easier but paying so much in interest can hinder generating wealth and gives almost no room for trial and error. Some people are good at OPM like Robert Kiyosaki, Pa Emma etc.

Nice structure.
Pa Emma has been mentoring us well even though we run rouge sometimes .

But then again my risk to reward was almost insignificant.

Ballzproblem2:
never invest borrowed money,no matter what .

Borrow what you can pay if things go south. I got a sum with 18% interest rate from GTB spread at 12months, 2022 November into the market. I am happy today!

This is our YEAR. We eat big. Again!!

Market has been stale. All the sharks are in Rivers State. Honeywell still on the radar. Insurance insuring.

In the mean time, a hotel is up for sale in Port-Harcourt. Valuation 750m. Private chat me for details

Bluntemperor:
They should be sued,for knowingly that this particular incidents is unbecoming - with so many deaths!
The American Govt- or Aviation should immediately ground All the remnants of this Airbuses Helicopters, and until a better ones decides to be a replacement!
What a loss to the Banking industry!
RIP Hebert Wigwe!

The last person it killed got about 79m usd in compensation. But then again, is there a price tag to life

Very bad that Wigwe had to go!!

Christlike01:
The Aircraft has a terrible history of air mishaps.

They really need to look into the safety measures on this chopper. I thought the seats where designed to be crash-proof in a way. One of the flaws pointed out with this chopper is its non-protective fuel tanks-

Generally, choppers are safer to fly with unlike what has been portrayed by some here. Its cabin are mostly built like a protective cage to give support on impact. It's the leaking fuel after that impact that is of worry.
And this is no cheap chopper to hire and proper for an A-list.

buharibanjo:
Paying almost ₦4mill to die is crazy..

Seems like you did not see the ones who paid about 250k usd to sink to the bottom of the ocean in a "mini-sub".

What a loss!! My God!!

Hogwarthtrades:
pretty much stating what imto and other allied firms have been doing since jonathan era. Freelancers/ gig workers/remote workers can testify to this. The conversion rate is still the main thing, if it works for you, you use the IMTO service or you look for another one. This does not equate to holding $30 billion in domicilliary account hostage. Thanks for the info though. I sit to be corrected if my comprehension skill is subpar.

As regards to domiciliary account and going by tjose guidelines, I think you'd not be paid in dollar, but its naira equivalence upon request to withdraw. The no-out-bound flow can also be likened to holding the dorm accounts hostage. My question now is are the dollar denominated debit/credit cards issued by local banks still working??

Locotrader:
The effect of 19% Tb.
Market will be back from Monday.

...it should wait first. Single digit junction is important

Hmmm. Red sea.

Who wouldn't want to stash over 2000% returns on a 19% ? 😁

Project protect capital!

ositadima1:
Hold on, let me understand this. You are saying you will receive more than 47.4% of your original investment annually for the next 11 years? What about those who insist that converting to dollars is the only way to protect against the falling naira? I don't think dollar investments and Eurobonds can beat that return, and the best part is that it is passive income. If you had started with 20 million naira, then you are guaranteed 10 million naira every year. That is truly commendable, I must say.

To the dollar folks, I'd say, there are more than one way to increase your naira output. Just like Bishop Oyedepo once said(w/o sounding religious), "If they say naira is devalued, simply means you have to get more naira to run your affairs"

emmanuelewumi:
I am not a member of the management or professional advisers to the transaction, so I can't give a specific time frame.

But I think by the end of this quarter we should be able to have an idea.

It also depends on your average cost price, someone who average cost price is less than N20 is different from someone whose average cost price is N70.

I sold half of my holdings at a profit of over 200% based on my average cost price buy a FGN bond at 15.8% yield which will pay coupons in March and September for the next 11 years

Nice!!!

..