Greenvaiper:


Go back to school and learn financial and risk management. If you give dangote this advice, he will hang you by your ballz

Ballzproblem2:
your father will need it more than I,no thanks.

Mpeace:
How does fg subsidy affect power generating firms.

Greenvaiper:


Go back to school and learn financial and risk management. If you give dangote this advice, he will hang you by your ballz

Greenvaiper:


Youthful exuberance will never let your learn from your elders. I am sorry for your future if you have any .

Ballzproblem2:
the experience I have gathered from trading you never have it till you die.

forex, stock market,I have done it all since I was 18 . save your advice for someone who cares.

ositadima1:


The ARIMA model did not perform too poorly this week if we gave equal weighting to Geregu and Meyer, with 33% and -10% returns if the market ends this way, respectively. An equal weighting would have yielded a 12.5% profit. Honestly, I don't know if I would have personally invested in the Meyer stock due to its low liquidity. Let's see what ARIMA will predict for next Friday.

Boshins:
https://nairametrics.com/2024/02/16/intra-day-high-hits-a-record-peak-of-n1607-amid-rising-demand-pressure-and-inflation-surge/

emmaodet:


Your afrima predicted 730 for geregu which is doing 865 while it predicted 9.3 for Meyer which is doing 5.6 currently.
I will give the indicator 50% accuracy

teejay1334:
Please is there anyone using Afrinvest to trade on stock and what are your advices on the brokerage firm

KarlTom:
NB...

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/40350_NIGERIAN_BREWERIES_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_FEBRUARY_2024.pdf

NB: Major loss

Ballzproblem2:
never invest borrowed money,no matter what .

Mankind2024:


"Never invest borrow money was an old aphorism"
It holds no meaning in the current dispensation. Intelligent investors still borrow money for a good course.
In January 2023, I took loans of NGN15 Million from 2 sources at N7.5M per source, cos I was sure of 🏆 winning. I already sensed the current devaluation of Naira at the pick of ways and means, and started working on hedging against the current inflation , I changed same to USD, at average rate of NGN470.00, invested USD28k+ on selected etf and blueship stocks in NYSE/NASDAQ, To cut the story short, I already paid back the debt from my business cash flow, same investment as I'm typing dz is over USD36k.
Mind to see the screenshot?
If u understand the act of investing, u can predict the direction of where to invest your hard earn sweat and blood money 💰.
Pessimists like it or not, the next big thing on NGX is Transcorp plc. The secret is "Utmost Patient "
A pregnant woman would surely delivers at the right time.
Transcorp is incubating.
Few weeks back, some1 on this forum asked where to invest money 💰, I did not only advised the fellow to go Geregu and Dangote Cement coz they are destined for Km 1k.
On the 8th Feb, got 3250 units of Geregu at average purchase price of N615.00. Less than a month, it is about to return 70%.
For those that still believe in not borrowing money, you can borrow money for any business or investment if your cash flow is predictable.
Another scenario I bought an established business with good clients based in November 2022 at the cost of NGN 18M borrowed funds, believe it or not, I did not only made the NGN18m in the first 6 months In cash flow I equally made and still making bumper profit from the biz.
The journey to become a billionaire is never a child play.
You must dream it, visualise it, practice it, believe it, achieve it and preserve it by all means.
Money has no religion.
However, if you are not self employed, you are still far from financial independence.
My Target is NGN1B NGX, $1M USD NYSE by 2028. Very achievable.
Plan for 2mao
Plan 4 old age
Prepare for the unexpected(inevitable and the evitable, Insure your life business and immediate family.
Invest as if every passing day is the last, and build a portfolio that can stand the test of time.
A strong self philosophy is important. Me I no Sabi trade, I Sabi hold coz I believe say the corporate governance in NGX has improved, nevertheless, we may still see few individuals that are born ⚫️ black sheep 🐑 in the corporate aspect of the Market(Fraudulent delisting) Glaxo and Jubril Tinubu, but it may never be as terrible as it used 2 be in the days of Oceanic bank, intercontinental, Costain West Africa etc.
To cap it all, I'm debt free.

My Business and Mr Market (NGX and NASDAQ) are doing me well.
Inflation and I are investment enemy No1. I anticipate inflation,I dread it and I hedge against it.


NB......
The screenshot is not 2 brag about the portfolio, we may never meet, same way I had never met Agba and Pa Emma, n the host of other participants in this forum. just to encourage and motivate you that borrow fund can return profit if you are an intelligent, lucky and a steadfast self investors.
We all need the luck in life regardless of individual investment philosophy or strategy.
Borrow money at the right time for the right course. ****Lucky me****
Change your orientation, it could be u 2mao. 😆 lol.

Mankind2024:


"Never invest borrow money was an old aphorism"
***
Change your orientation, it could be u 2mao. 😆 lol.

machine606:

You are correct, after pa Emma and other participants discussed it in 2022. I went to think over it again and again. I don't believe in borrowing but it changed after digesting a post from a professor (my financial icon). I ran and started looking for 10m in August 2023, well all banks I met gvr exibortant conditions. I had wanted to averaged my Royal exchange to 0.40k, but cutix @2.00, Firsbank @ 17 and jaiz @<1.20 with some other US stocks. But could not secure the fund. I missed but learnt.

KarlTom:
Let me expound
Transmission Company of Nigeria (TCN) is fully owned and controlled by the FG. TCN is responsible for electricity transmission and electricity trading amongst other tasks.
Removal of subsidy will involve the unbundling of TCN (this is in the pipeline).

Current rate of power to end users is cheap. The FG is subsidizing yet still owing GenCos.
When subsidy is removed, GenCos will fix their rates (in line with NERC guidelines) and get to trade with (and get paid by) DisCos directly.

This will improve revenue and profit...

Same scenario is applicable to the downstream oil industry...

Ballzproblem2:
good for you but my principle still stands , someone used dangote analogy which is dumb because dangote surely has collateral if things goes slideways.

yMcy56:

Salt will likely pay too...
Why I said this was because of the closed period declared by NASCON in December.......
Also, Q3 was released, so the FYE cycle was completed.
Let's wait for actions and updates from them anyway.

https://doclib.ngxgroup.com/Financial_NewsDocs/39983_NASCON_ALLIED_INDUSTRIES_PLC-CLOSED_PERIOD_AND_FINANCIAL_YEAR_END_CORPORATE_ACTIONS_DECEMBER_2023.pdf

Greenvaiper:


You are clearly dumb as I can clearly see.
Which serious organization/individual grants an investor loan for investment without seeing the investors cash flow and getting collateral? Learn and take correction, you are a young boy and still growing.

mercysamuelson:
Quick free Solana miner below;

https://www.solanaminer.io/?r=2Kv4nGjgGt3Mc3QbpAxvfbW5y9r2YMrsNrdqTQqaQ3Hp

WantsandMore:
will this improve service delivery too? What's the fate of customers on estimated billing?

webizone:
How I wish there is option trading in Nigerian stocks. I prefer it by far. Seems that the NSE is not developed enough to handle such risk.

If it existed, all these guys fighting whether they need to borrow money or not won't be arguing.

Even stock leveraging don't exist in most brokers or is there?