Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:54pm On Jul 24 |
Hogwarthtrades:
Chances of repealing this bill or fighting this in court is very slim. The banks have no choice but take this sucker punch for the team. if the populace could bare sharp increase in cost of living from subsidy removal and readjustment of currency rate, onetime shakedown of banks Forex sharp practice by IRS is not ideal but understandable. 30% leftover is enough to work with for re-investment.
A cynical view of the 70% levy been misappropriated is valid, hopefulyl it's allocated to capital infrastructural development for the good of the populace.
Slowly but surely this new Abbey mgt group is working, more gas in the cylinders available to fire for rapid growth in it's space. It's a marathon not a sprint.
It is double taxation. They have already been taxed 30% CIT and part of it is from foreign exchange gain. The tax has also been paid already. You can't make a tax law and then apply it retrospectively. 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:26am On Jul 19 |
dpacificheraclx: I have been following this group since 2020, when I started my NYSC. What I appreciate most about this platform is how everyone contributes and explains their investment views, sharing stock picks using both privileged and publicly available information without promoting any particular service. For the growth of this platform, I believe and humbly suggest we continue in this manner.
This platform is a free resource for all. I have great respect for Boss OGG, given his impressive and cautious stock picks and analysis of fundamentally strong companies. His insights, along with recommendations from notable members like Madam MCY, Chief Megawealth, Sir Agbalowomeri, and others, have guided me in my journey on the NGX, where all my trades have been profitable. This platform must remain as it has always been—providing everyone free access to the best information about companies and shares on the NGX.
Boss OGG can discuss his impressive stock pitches without mentioning the gains of his premium subscribers or friends at every opportunity. Such posts can come across as tactics to sell his products, which is not what this platform is about. If someone had posted similar content a few years ago, this platform might not have evolved to its current state; it could have fractured into chaos.
To rid this platform of future promotional posts — from him and others who are attempting to do so — I humbly request that Boss OGG continue to share his non-promotional investment views here as he has always done.
Posts promoting the success and quality of his stock picks available only to premium subscribers should be kept off this platform and shared on his personal social media profiles or through other means, such as paid ads on Nairametrics, Punch, and BusinessDay, he could also engage Twitter and TikTok influencers.
These are my views alone. Big respect to Boss OGG. This platform is a free resource for all. Make una leave Ogg alone. He has paid his dues. If he wants to advertise his premium service here he should go ahead. He deserves it. Who better to advertise to than people he has been serving for years? Man no go chop? If you don't want just ignore. The attack from these people need to stop. That's how they pursued Oracle from here and it is still paining me till this day... Make una leave our Ogas. We are not complaining... 7 Likes 1 Share |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:33am On Jul 02 |
nosa2:
You dont have GTB? you need to look into it oh. Probably the cheapest stock on the NSE right now In terms of dividend yield GTB is overpriced. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:07am On Jul 02 |
Mankind2024: @Bovali, you're doing remarkably well! To avoid situations where your kids may ask you questions that you can't answer, I suggest you consider adding the Mag7 or S&P 500 NYSE to your portfolio. This would mitigate the constant forex losses in NGX and possibly beat future devaluation of Naira and ravaging global inflation.
Please explain more on the Mag7 or S&P 500 NYSE. What is it all about? Do they pay dividend? What medium do you use to invest? What is the risk profile? etc. Thanks. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 1:21pm On Jul 01 |
currentprice:
PRESCCO is a very good stock, bedsheet showing fv of 652, could be better with good performance from the rest Quarters of the year. but the stock may not be stock for investors who determine their stock analysis base on enterprises value. presco EV not coming out very attractive, ev/ebita above 12.5 may turn some investor off, though EV may get more better by the time Q2. q3 qnd q4 comes out.
the good thing is some of the metrics that attracted investors most are all good which if they keep improving going forward price may hit N1k
I have no presco in my portfolio. if i even have portfolio atall but i will rush it if i see at 260 plus ![shocked](https://www.nairaland.com/faces/shocked.gif)
na my own opinion o.
Thank you boss. Your opinion is valuable.
![grin](https://www.nairaland.com/faces/grin.png) |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:07am On Jul 01 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:43am On Jun 27 |
Has anyone received bonus for C&I Leasing and Thomas Wytt? |
Investment / Re: Treasury Bills In Nigeria by Heishere: 3:35pm On Jun 18 |
Hypothetically, how much will one earn as interest in secondary market with price as 97, rate at 15% and tenor at 64days? What is is formular for calculating the amount earned as interest? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 5:25pm On May 06 |
Which stock are we buying? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:49am On Apr 23 |
1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 9:59am On Apr 23 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:20am On Apr 22 |
Locotrader:
The dead in Christ shall rise first together with those alive to meet Jesus in the air.Therefore comfort each other with these words.........
E Don tey whey them teach us to get hope This one no be hope o. Operation averaging down started this morning. When it's time to reap my harvest, I go call you... |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:34pm On Apr 19 |
You only lose in stock when you sell. DS is a solid stock. As long as they are still business and you have steady cash flow, it's to keep averaging down till the merger goes through. I was averaging up before and now I will be averaging down because I am sitting on a pile of loss. The koko is to find out when Dangote Rice will become operational... 2 Likes |
Investment / Re: Treasury Bills In Nigeria by Heishere: 6:02pm On Mar 30 |
Has anybody bided through GTB? What is the experience like? Was it successful and what rate? 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 8:20am On Mar 06 |
Emeka1441: the problem is not buying.. but the problem is.. will they recover? They will from Q2 |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 9:40pm On Mar 04 |
Mankind2024:
The truth of the matter, no government or tax authority can force an individual nor a quoted company to declare profit or pay a direct taxes on earnings. The decision is yours, all they need from you is a financial statements. The Auditor/s usually request for receipt of expenditures , contract, loans and overdraft advances. As a sole proprietor, I ensure all my on and off business expenditures are directly and indirectly transferred to my Entrrprise. The implication of this is that the government cannot and would never get a direct income tax from me, coz I I was not employed by them nor listed on their payroll. MTNN just decided to show Nigeria government and shareholders a maximum shege BARAWO BANZA. You will need a all the forensic auditors in Africa to investigate MTNN. We are just @ ther mercy There is no mago mago here. The major reason for the loss is the dollar denominated contract with the likes of IHS and co who manage almost all the towers across the country. Recently they have been working on new contracts with other vendors that will require them to only pay in Naira. The same is applicable to other telcos. Airtel 9 months result only made 2Million dollars and this is the global business. Wait for their full year result and check that of Nigeria subsidiary and you will notice similar trend. Una government messed up the country. The good thing is that they too are affected because the billions of naira they normally receive in tax from these companies is gone until things improve. 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 9:05pm On Feb 28 |
Streetinvestor2: Really, why will bank hear it because of cost of borrowing is more expensive. Or you say it because you saw it somewhere..The only people that will hear it is those seeking to borrow from the bank and banks will make more profits from borrowing from government. What fundamentals was thr when pmb was and now you have jagaban.what has changed in the forex fundamental apart from the floating by this government. The speculators and hoarders are the ones manipulating the dollars.....we dey here.....how much is it today already .I expect panic sell off of dollars soon from those with small holdings .Then later the government thieves with large holdings will join.I expect the government to ban the use of physical dollars for anything in nigeria. Anything to do with dollars should only be via transfer after the bvn/nin update by banks.. Banks borrow money from themselves and CBN |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:43pm On Jan 29 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 9:01am On Jan 11 |
Agbalowomeri:
The only thing sustaining Bitcoin and any other crypto today is the criminal movement of money. It will never be acceptable in the mainstream BTC ETFs have been approved by US SEC. Trading starts today... 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:35pm On Jan 02 |
megawealth01: Read up the MANAGEMENT TEAM of ELIJAHLAKES
https://ellahlakes.com/?page_id=356#:~:text=Chuka%20Mordi%20%2D%20Chief%20Executive%20Officer,Nigeria%20and%20the%20United%20Kingdom.
Make your own decision... I'm heavily loaded on it just as I announced other stocks that I'm heavily loaded in
DD always ![grin](https://www.nairaland.com/faces/grin.png) Has there mill that they are yet to install since purchase in 2022 started producing anything? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:41pm On Jan 02 |
yMcy56:
To get DANGFOODS, simply buy DANGSUGAR or NASCON or both.
WEMA is doing Rights Issue, they can't give bonus shares..... ETI coming out from turbulence, bonus is not expected here..... except they're not sincere to themselves again. WAPCO: Don't know and not sure of this either. Happy new year Mercy. Is DS okay to buy at current price? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:35pm On Jan 02 |
STOjo: For clarifications on items 1 and 3: Is this in a Nigeria bank or offshore. Not aware if our commercial banks can give any loan less than 20% at present.
Yep, Nigerian banks. Almost all Nigerian banks offer credit cards. You can check out Stanbic, GT or Standard Chartered. And yes you can get interest rate below 20% depending on your relationship with the bank. Currently, I can get at 17% if I want to. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:59am On Jan 02 |
Happy new year guys. In order to contribute to this valuable ecosystem, I will share the below tidbits on using loan to purchase stock.
There have been some back and forth on whether it is advisable to use loan to purchase shares. some are against it, while few are not. I used to be against it but now I purchase my shares with loan. But I only use cheap loan. I cannot advise you on what kind of stock to purchase using loan. I can only provide some nuggets on how I obtain cheap loans in case you are looking for how to do so. The limit however is directly proportional to your leverage aka credit worthiness.
Please note that financial institutions are obligated to share your credit information with the global credit bureau. This means that if you default, you won't be able to access credit anywhere in the world. So if you do anyhow you will see anyhow.
1. Credit card: You can obtain credit card from your bank. The limit can be as high as 5Million and above depending on your income. The interest is zero so long as you repay within 50 days. Note that they will charge you 50% interest if you don't pay back within 50 days. I make use of this one alot but be careful if you are going to obtain one.
2. Close ended groups: If you are a member of some close ended groups you can take advantage of their loan system. It is usually cheap (single digit interest rate). But you have to be making some periodic contributions to qualify. I also make use of this as well.
3. Strategic partnership with your bank: Depending on your leverage and relationship with your bank, you can obtain cheap loan from them to purchase shares. I used this method last year to purchase 2 quality stocks with a single digit interest rate. I just finished the payments 4 months ago.
4. Family & Friends: You know how this one goes but you have to be a trusted fellow for it work.
So good luck to you as multiply our portfolios this new year. God bless. 6 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 1:56pm On Dec 30, 2023 |
emmanuelewumi:
Get in touch with your financial advisor.
Because Emeka bought more does not mean Emmanuel should by more
Because Alimat sold does not mean Mary should sell My oga don't worry, me and Emeka we think alike. Besides I need no financial advisor when I have you. I have Dangote shares and in the process of obtaining a loan to purchase more. Just needed some analytical information on DS versus current price. Thanks. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:26pm On Dec 29, 2023 |
emmanuelewumi:
Between 10 to 12 weeks Thanks oga emma. Is it advisable to buy more at current price? 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:44pm On Dec 04, 2023 |
aj8:
0.12 is for a quarter….use best quarter as earlier discussed on the premise that growth stocks are meant to grow 4 quarters = 1 year =0.48 X4 of the estimate FY i.e 0.48 =1.92 Understood. Thanks. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 12:46pm On Dec 04, 2023 |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:27am On Dec 04, 2023 |
aj8:
My common sense target for TIP is N1.92. Range N1.92-N2.40. Bought some on Friday @ N1.01 . Will buy more only below this price.
Still a bit confused boss. Why are you multiplying the EPS by 16? 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:06pm On Nov 23, 2023 |
megawealth01:
I don kukuma use my own gamble another stock Which stock be that? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 9:24pm On Nov 23, 2023 |
@customstreet drop the stock na before bot ban you. The wait is dangerous... |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 10:23am On Nov 21, 2023 |
onegentleguy: To all who sent me several messages of support, I thank you. ...I appreciate your kind gesture of gratitude for everything we do and continue to do.
To the few (replicating as a many) who criticized me (even though I felt I never deserved it), I also thank you. Am sure there'll be a thing or two to learn from your various input.
It's time to move on. What will be, will be! It is well. I want to message you but I have long since discarded the email attached to this account in my quest for anonymity. Seun needs to add private chatting on this platform. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:36pm On Nov 20, 2023 |
onegentleguy:
Following request from several folks, I have since added 3 new names to the outline so it's now been modified to "8 treasured/explosive select equity names with great value accretive potential."
The bonus names have also been increased to 4 bringing the total No of stocks in the outline to 12. Again, outline will where applicable, include other stock/market driven information with high ROI/value add plausibility.
Brief description...
It is an investment guide with a careful selection of where you need to put your money for a possible high ROI in the near to mid term. (a period of 6--15 months as benchmark TF) following series'of in-depth analysis, extrapolations and forecast using proven financial models and my derivative tools.
The outline also includes all but not limited to the equity Trade Setup, Reward Margin from Target Entry Prices & Possible Exit Prices, Recommended Portfolio weighting, Expected Time Horizon, Risk Level (ref: RRM)... etc
The additional has already been sent to those who had previously requested for an order. For newly interested persons, you can Indicate by using the mail in my profile or sending a message across.
N.B: Not a free service.
Regards How much first oga OGG? Is it pre or post profit? 1 Like |