sonofElElyon:


I made good profit from wamco sometime ago when they declared bonus... and the info was given here by someone... thanks to him whoever and wherever he is... let the house also keep tabs on NASD

Just checked... it was @onegentleguy

defebe:


Hope you know with TROVE you don't have a CSCS account in your name. I used Trove till 2022, at a point I asked them for my CSCS details, the moment they said my investments are not tied to my individual CSCS account, I sold all the shares I had on the platform and moved to a real stockbroking firm..To credit me my funds took them 3 weeks after I initiated withdrawal, with serious mails and threat ooo.

Not exactly right. I requested for a individual account before I begin trading local stocks with them. So I have my Sigma Securities CSCS number after filling relevant forms and waiting it out which I asked to be tied to my CHN used with other brockers. Some times more details and options are available when one takes time and effort to get at it.

ojeysky:


That will be 200% because I bought at similar price and just crossed 300% profit(though I wish I was heavy in it ). That's a great feature from trove, in the past, same can also be done with meristem but it will be ignored until future when applicable.

You are correct 200% not 300%. Post corrected

sonofElElyon:


Just checked... it was @onegentleguy

WOW... Seems I will get into this NASD

femu:


Some of the key stakeholders in wema bank are politicians

Odua Investment is a major shareholder in Wema. Odua Investment is owned by Ogun State, Oyo State, Osun State, Oyo State, Ondo state and Ekiti State governments.

In fact Lagos State government is trying to join Odua Investment

emmanuelewumi:




Odua Investment is a major shareholder in Wema. Odua Investment is owned by Ogun State, Oyo State, Osun State, Oyo State, Ondo state and Ekiti State governments.

In fact Lagos State government is trying to join Odua Investment

Lagos state has since joined Odua group

Wiseoldman:
My people, I've booked in 90%+ in: Fudelity, ETI, Wapco, Access...

I'm trying to decide whether to wait, for dividen, or run with my kaya...

If only I could see the future...

Be careful what u wish for.

The beauty of life lies in the uncertainty, unknown,
anticipation, fear, excitement

emmanuelewumi:




Odua Investment is a major shareholder in Wema. Odua Investment is owned by Ogun State, Oyo State, Osun State, Oyo State, Ondo state and Ekiti State governments.

In fact Lagos State government is trying to join Odua Investment

What about SW8 Limited and Petrotrab? 😳 😳 😳

faoogoke:


Lagos state has since joined Odua group

Really. But Lagos State is the owner of Ibile Holdings with substantial holdings in some listed companies.


Odua Investment used to be a major core shareholder in most of the listed companies, with representatives on the board, unfortunately subsequent military leaders and politicians sold the shares

The former Premier of Western Nigeria, converted the value of the lands given to businesses at Ikeja industrial estate, Ilupeju industrial estate, Apapa Industrial estate to equities. Unfortunately most of the manufacturers at Apapa have relocated to Agbara Estate

femu:


What about SW8 Limited and Petrotrab? 😳 😳 😳

SW8 is South West 8,

emmanuelewumi:



SW8 is South West 8,

Research into the ownership of both firms i mentioned.

I am begining to think that with time, the focus of investor on NSE will shift from % return in dividends to capital appreciation.
It is clear to us all that stocks like Transcorp hotel may never pay as much dividend as to justify their current price(so too may other stocks) yet billions keep getting into them and the market.
Surely, not all the money that has entered this market can leave by dividend period this year. Alot will remain, and alot will still enter.
Tinubu's government has only done less than a year and many believe his govt will favor NSE.
We will just watch and see how investors react in the coming months. Surely, new lessons and new theories will emerge.

femu:


Research into the ownership of both firms i mentioned.

Chief Bolarinde the major shareholder of Vitafoam is a member of SW8

Mpeace:
I am begining to think that with time, the focus of investor on NSE will shift from % return in dividends to capital appreciation.
It is clear to us all that stocks like Transcorp hotel may never pay as much dividend as to justify their current price(so too may other stocks) yet billions keep getting into them and the market.
Surely, not all the money that has entered this market can leave by dividend period this year. Alot will remain, and alot will still enter.
Tinubu's government has only done less than a year and many believe his govt will favor NSE.
We will just watch and see how investors react in the coming months. Surely, new lessons and new theories will emerge.

Payback is a major concept used by Private Equity Investment firm. They usually look at a payback about 8 years. That is the total summation of cash flow or earnings it can generate.

Meaning a business that can grow its earning by 100% for the next 8 years can sell for a PE of 250. But better to give a margin of safety. Ask those who bought Tesla at a PE of 500 few years ago

1+2+4+8+16+32+64+128

emmanuelewumi:




Not bad when you consider currency devaluation.


Assuming Naira to dollar about 10 years ago was N300.

N1 million would buy $3330, growing by 5% would have grown to $5400 which is now equivalent to N7 million.

You also have an investment that is acceptable as collateral security.


I gave someone on this thread a contact at United Capital in the first week of December 2023 and was able to get a loan and account credited in less than 12 hours.interest rate at 20% per annum

He used the loan to buy Dangote Sugar shares at N57 it closed at N81 yesterday.


Assuming the loan was N1 million. He would have bought 17100 units, accumulated interest in the last 5 weeks is about 20k.


If he decides to sell today in order to liquidate the loan and interest, he would have sold for N1.35 million. After paying the principal of N1 million and interest of 20k, he would make a profit of 330k using other people's money.


Whereas the loan the investor got was far more than N1 million.

Thanks for the explanation.
If I get a government bond, can't I use it to get a loan as collateral? Or is it only eurobond that can be used as collateral?
Also, can I use the collateral to get a loan from united capital even if they are not my broker?

emmanuelewumi:




Odua Investment is a major shareholder in Wema. Odua Investment is owned by Ogun State, Oyo State, Osun State, Oyo State, Ondo state and Ekiti State governments.

In fact Lagos State government is trying to join Odua Investment

Hmm. "Wema acquiring some banks" RUMOUR flying in some spaces. Seeing how politically exposed this bank is, makes me wonder🤔

Not to be inferred as ANY FORM OF ADVICE

emmaodet:


Thanks for the explanation.
If I get a government bond, can't I use it to get a loan as collateral? Or is it only eurobond that can be used as collateral?
Also, can I use the collateral to get a loan from united capital even if they are not my broker?

Are the Investment domiciled with them. If yes, you can give them a call

Zagee:


Hmm. "Wema acquiring some banks" RUMOUR flying in some spaces. Seeing how politically exposed this bank is, makes me wonder🤔

Not to be inferred as ANY FORM OF ADVICE

Majority shareholder is Baba Ijebu, followed by SW8 and DA

emmanuelewumi:



Are the Investment domiciled with them. If yes, you can give them a call

Thanks

Zagee:


Hmm. "Wema acquiring some banks" RUMOUR flying in some spaces. Seeing how politically exposed this bank is, makes me wonder🤔

Not to be inferred as ANY FORM OF ADVICE

Chai... I missed wema sha... They were the first ever bank that graced my uni back then... This is many years ago when they were regional bank and had very poor service without internet sef

Mpeace:
I am begining to think that with time, the focus of investor on NSE will shift from % return in dividends to capital appreciation.
It is clear to us all that stocks like Transcorp hotel may never pay as much dividend as to justify their current price(so too may other stocks) yet billions keep getting into them and the market.
Surely, not all the money that has entered this market can leave by dividend period this year. Alot will remain, and alot will still enter.
Tinubu's government has only done less than a year and many believe his govt will favor NSE.
We will just watch and see how investors react in the coming months. Surely, new lessons and new theories will emerge.

I'll stick with eps and projected eps thanks

femu:


Majority shareholder is Baba Ijebu, followed by SW8 and DA

More reason to believe a financial coup with the FG is possible so we can all "..lokàn"
🤣🤣

Zagee:


More reason to believe a financial coup with the FG is possible so we can all "..lokàn"
🤣🤣

That will end in litigation.....

emmasoft:


The NASD platform is just like the NGX with quoted companies.

However, the market is not very active as the NGX.
Like oga Emma pointed out, just few companies are traded regularly. Most of the shareholders in NASD companies buy to hold. They are mostly owners. You hardly see traders there. Many of the deals you see in NASD are cross deals. Also not all stockbroking firms have the license to operate on NASD.

To participant in NASD market, you will need to open a NASD cscs account.
Note that all trades are through your stockbroker. No online trading platform for investors. It operates like the early days of the NSE where you have to send buy/sell orders to your broker by email to execute on your behalf.

If you are interested in opening a NASD account, you can come over to investment one stockbrokers. Get in touch to get account opening form.

Good morning sir. Thank you for being so generous with this info. Please how can I monitor the market to be able to make decisions? Can you point me to any thread on NL or any material you can recommend?

"The stock market is a device for transferring money from the impatient to the patient."
- Benjamin Graham

BullBearMkt:
"The stock market is a device for transferring money from the impatient to the patient."
- Benjamin Graham

E choke

JAIZ BANK is officially km4... One of my best decisions this 2024... Thanks to UNITY BANK for making this happen... Left my majority stake in unity for JAIZ few days ago...

My strategies always works

megawealth01:
JAIZ BANK is officially km4... One of my best decisions this 2024... Thanks to UNITY BANK for making this happen... Left my majority stake in unity for JAIZ few days ago...

My strategies always works

Dropped another 10 percent this morning...
Na 10 percent daily
Dang Cem to 450...
He be like say N500 is possible.

Willie2015:


Dropped another 10 percent this morning...
Na 10 percent daily
Dang Cem to 450...
He be like say N500 is possible.

I'm happy for you oooooo... This your greed is fundamental

megawealth01:


I'm happy for you oooooo... This your greed is fundamental

This BULL is not relenting.
On full charge...

KarlTom:
This BULL is not relenting.
On full charge...

E dey choke oooooo... Those who entered the market when I signalled are enjoying at the moment... Make una know when to exit sha...

As for those entering new stocks from today just know you are boss of your portfolio sha