megawealth01:


What's your take... Do you see DS go down more say like sub 30?

Nwannem, I cannot tell. DS has many fans. They may not let it fall easily.

megawealth01:


WOW... I always have my entries for dividend paying stocks that are on my radar...

I bought most of my wapco at sub 17

Then started toppingup at sub 30 and that's where I hope it gets to before making bullish trend...

I'm really a very patient INVESTOR although I don't joke with gambling certain stocks for quick bucks that I use for real investments... (I just shared a deep secret free for those that can decode)...

The only lesson I learnt in this market was UCAP, till now I don't have a unit of it but I used to have millions of it that I bought around #2 but sold off at just 50% ROI which I divided to invest in TRANSCORP and their hotel... The transcorp family really thought me PATIENCE... I'm still holding them till date

We are watching...

Did simple analysis, Wapco looks fair. Let me see if it will continue growing as it seems it's down days are over.

ositadima1:


Nwannem, I cannot tell. DS has many fans. They may not let it fall easily.

I understand sha

Mankind2024:
Lol.
Alhaji cited the airline /Aviation sector, and the telecommunication industries as his case study. He referenced Samsung handset price in Korea and Nigeria.
"A brand of Samsung 📱handset is cheaper in Nigeria than in Korea"
"TO INCREASE COMPETITION AT INTERNATIONAL MARKET "

Internationally companies pricing strategies. An importer will most likely pay an import tariff to break-in into a local market. Hence okay sometimes to compete internationally by reducing prices through marginal increase in production volume for export. With the Local market carrying more of the fixed cost of production and the foreign market products never priced below the variable cost of production. Simple economics of production where plant capacity to produce more can be exploited and other variables support the strategy.

Thank you for this piece, very informative. I plan to ride it out with OandO.

Omooloriredade:


It's all about making money. You can take sell when you are satisfied with your gains. It's not a loss.

Choiceguy take note as well re Eternal.

My opinion re Oando and not wanting to pay the dreaded school fees

STOP here if you're an INCOME investor with long term views.

If you have an aggressive growth portion of your portfolio, you may continue.

It applies to trading in all markets actually - learn to take profits and free-carry your position. For example, you invested N5m in Oando at N10. Oando got to N49, you could have sold off N5m worth at N20, N30 or in the N40s. That way you have preserved your original capital leaving your profits to run. If Oando fails to reach the lofty heights you thought it would reach, you stand to lose nothing because you are free carried.

If you're lucky you could even sell off N10m worth at N40 so you have original capital and profits from the trade. Your profits are diverted to stocks with low risk, income generating stocks or investments. Anything that happens after that has little effect on your portfolio. Oando is high risk, high reward as we have seen already. It's likely to outperform the market if the turnaround is confirmed. Tread with caution.

It's perfectly normal for someone who has had their fingers burnt in the past to be terrified by a candle. It doesn't mean stocks that have failed in the past can't transform other people's portfolios. You just have to apply learnings from the past for future trades. For me, I'm constantly reviewing what went wrong? What could have been done better? Then I apply. If it works, all good. I'll do a review again. If it doesn't, I'll review my actions. Pretty much like AI. Refining and fine tuning your strategy until you have mastered it.

My sister has a portfolio with FBNH as the major stock. She bought it during the N30 public offer some years back. Imagine, FBN offered shares at N30 years back. Understandably, she has an emotional attachment to it because of that. I decided to help her. The only rule is, I can't touch that FBN. The portfolio is looking so much different now (multiples of where we started from) despite the fact many withdrawals have been made. Life changing for her. FBN is not even up to 10% of the portfolio any longer.

After all is said and done, we will all be alright. Goodluck to everyone.

Disclaimer - You're more likely to win some but lose more if you don't get your strategy right. Consult your financial adviser for your investment decisions.

ositadima1:


You didn't listen to the video he was referring to. Try listening to it at 1.5x speed (eh get why). Dangote said it will be cheaper because of global competition. My reasoning is that in Nigeria, due to limited players, companies can set prices more easily. However, in the global market, you have to compete with other companies.

Also, from the video, my deduction is that DS may not even merge this year, as some of the rice mills will be completed later this year according to him. I don't see how a merger can happen without DR starting to make revenue(same as before).

Just thinking about the bolded note and question in the context of Operations Management. Not reviewing the whole speech.
Agree some speeches are better listened to at 1.5x speed. Akin to speed reading.

Thank you Oga Mankind. I dey gbadun your posts.

Mankind2024:
Lol
Financial planning is analogous to navigation. Knowing your current position and desired destination makes navigation relatively straightforward. However, when either or both of these points are unclear, navigation becomes increasingly challenging.
Be fearful when others are greedy; the short-term outlook for OANDO demands caution from experienced investors. I'm a tortoise investor 🐢, and this approach has grown my local portfolio from N5,000 to over N180 million, excluding dividends, which I often reinvest in Treasury Bills. Many of you may not be aware that OANDO is listed on both the NGX and JSE. Despite the euphoric gains in NGX, OANDO is being sold off in JSE, where one unit in NGX can be exchanged for 2.5 units in JSE. Note that the same OANDO being propped up by brokers in Nigeria is being dumped in JSE. I was happy to have sold OANDO at the right time. When transparency is restored and the navigational outlook is clear, I wouldn't mind buying it at N500 per unit. I purchased SEPLAT at N550 and still hold it in my portfolio. Comparing the local share price of SEPLAT in Nigeria and LSE reveals linear trends, unlike OANDO.
I would be the last to regret exiting OANDO.
Finally, thanks for being a fan.

Mankind2024:
If you had watched one of the recent video clips of Alhaji Dangote, you would have picked up on a point where he emphasized his readiness to export cement. He has already built an export terminal in Lagos for this purpose. He also hinted to Nigerians that the export price of cement might be lower than domestic prices. This point underscores the reason Emperor Femi Otedola cited for investing billions of Naira in acquiring shares of Dangote Cement.

Do you have idea of his entry price? That's if it was a cross deal

emmanuelewumi:



The property was sold to release cash and enhance liquidity, reason why I respect his ingenuity.


Just like someone who sold his apartment for N20 million, then invested the fund in fixed income to get N4 million per annum. Whereas his rent N1 million per annum.

Then used the fixed income investment as a collateral for a loan of N12 million in order to harness other money making opportunities. Was lucky to turn the loan to N40 million within 30 months

Why do people sell their houses.

1. If the property was inherited and alot of people are the beneficiaries. Like in my case the grandchildren are 8. Property could be sold and share the proceed even if the share will be as little as N5 million


2. Property is old and maintenance cost is about 30% and above of the expected rental income. In my case the lawyer gets 10% of the income, maintenance and repairs was 40% and above of the expected income and 20% of the tenants were not up-to-date with their rent

3. If there are better opportunities that are stress free, I discovered based on the rental income generated assuming all the tenants paid I could get 5 times of that from risk free fixed income investment based on the current market price of the property.

4. To harness liquidity in the market. 2023 was an election year, boys of the people in the ruling party had excess money for electioneering and campaign expenses which they later used to buy properties. The guy who bought the property is a politician and one of the boys of people in power. He even bought at N15 million premium over my asking price and gave me a tip of N1 million.

5. I was at building control agency about 2 months ago. A family house was demolished because it was distressed, the family was expected to pay N5 million for the demolition. The family was not happy by the development and we're begging that the N5 million should be written off. I told the family to try as much as possible to get the N5 million and get possession of their property after which they could sell the land for N50 million. If they had sold before the property was marked for demolition they would have gotten better value from the disposal of the property

What you should not do with the proceeds from the sale of a property.


1. Don't use it to buy a car
2. Don't use it to fund your vacation
3. Don't use it to pay rent or school fees.
4. Don't use it start a new business that you don't have experience managing.
5. In fact don't use it to upgrade your lifestyle


Rather use it.

1. To buy cheaper property with growth potential
2. To complete your abandoned property
3. To expand your business
4. To buy cheap fundamentally sound stocks that are paying dividends
5. To buy other financial assets like mutual funds, FGN bond and Eurobond

emmanuelewumi:
What you should not do with the proceeds from the sale of a property.


1. Don't use it to buy a car
2. Don't use it to fund your vacation
3. Don't use it to pay rent or school fees.
4. Don't use it start a new business that your don't have experience managing.


Rather use it.

1. To buy cheaper property with growth potential
2. To complete your abandoned property
3. To expand your business
4. To buy cheap fundamentally sound stocks that are paying dividends
5. To buy other financial assets like mutual funds, FGN bond and Eurobond

Oga Emma, what about using it to marry another wife?

BullBearMkt:

Oga Emma, what about using it to marry another wife?

No big deal if the wife is Dangote, Adenuga, Otedola , Elumelu or Tinubu's daughter

emmanuelewumi:



No big deal if the wife is Dangote, Adenuga, Otedola , Elumelu or Tinubu's daughter

Correct man! Always +ve. Money matter

emmanuelewumi:



No big deal if the wife is Dangote, Adenuga, Otedola , Elumelu or Tinubu's daughter

Lol.
In summary, either buy:
Property (asset/Investment)
Stock (asset/Investment)
Bond(asset/Investment)
Wife/Wives(asset/Investment).

LMAO....

BullBearMkt:

Correct man! Always +ve. Money matter

That's what we call strategic relationship ...

Pa Emma, I don't know why u didn't want to answer my question, am asking again, what do you think about fidson going by their current financial prints.

Cc
Ogg
Current price
Mcy
Agba e.tal

Thanks in advance.

chimex38:

Lol.
In summary, either buy:
Property (asset/Investment)
Stock (asset/Investment)
Bond(asset/Investment)
Wife/Wives(asset/Investment).

LMAO....

crownprince2017:
Pa Emma, I don't know why u didn't want to answer my question, am asking again, what do you think about fidson going by their current financial prints.

Cc
Ogg
Current price
Mcy
Agba e.tal

Thanks in advance.

I am sorry, I don't have it. I will look into their accounts

Willie2015:


That's what we call strategic relationship ...

Which will enhance your social capital . Women are strategic about going into relationship, I don't know why men are not playing the game that way

Many youths are good in making money until they got married when the financial struggles kept compounding-the rat race.
Those who prefer reading, saving and investing over patronizing erection industry are more likely to join the wealthy class.

emmanuelewumi:
What you should not do with the proceeds from the sale of a property.


1. Don't use it to buy a car
2. Don't use it to fund your vacation
3. Don't use it to pay rent or school fees.
4. Don't use it start a new business that you don't have experience managing.
5. In fact don't use it to upgrade your lifestyle


Rather use it.

1. To buy cheaper property with growth potential
2. To complete your abandoned property
3. To expand your business
4. To buy cheap fundamentally sound stocks that are paying dividends
5. To buy other financial assets like mutual funds, FGN bond and Eurobond

You can then use the return from the investments made to

1. Upgrade your lifestyle
2. Marry a second wife if that is your wish
3. Paint the town red
4. Change your car
5. Get that chieftaincy title
6. Go to Jerusalem or Mecca.
7. Have that vacation you been dreaming off
8. Pepper your enemies

As much as possible make sure you don't touch the capital, rather you are growing and compounding it

emmanuelewumi:



Which will enhance your social capital . Women are strategic about going into relationship, I don't know why men are not playing the game that way

When it comes to relationship, men are weak due to what we want

BullBearMkt:

When it comes to relationship, men are weak due to what we want

Nyansh na nyansh ......😂

Agbalowomeri:


Nyansh na nyansh ......😂

I know, na dat one go sweet Agba pass! Until you forced me not to see DB for weekend again

Ibrahim505:
Many youths are good in making money until they got married when the financial struggles kept compounding-the rat race.
Those who prefer reading, saving and investing over patronizing erection industry are more likely to join the wealthy class.

Omo this life no get formula
Even the erection industry is a multi billion dollar industry 😂

BullBearMkt:

I know, na dat one go sweet Agba pass! Until you forced me not to see DB for weekend again

Those rich daughters no dey get nyansh

BullBearMkt:

When it comes to relationship, men are weak due to what we want

Agba food don set

chimex38:

Wife/Wives(asset/Investment).

Oh..my bad.
Inappropriate use with the verb "buy"...

Correction noted.

Though, every wife is also an asset to her beholder and vice versa..(that was the point).

Thank you @BullBearMkt

BullBearMkt:

https://www.thecable.ng/otedola-buys-dangote-cement-shares-company-now-worth-n9trn/amp/


https://punchng.com/dangote-cement-hits-n10tn-capitalisation/


https://www.tekedia.com/femi-otedola-explains-strategic-investment-in-dangote-cement/

His entry price was undisclosed, could be in the range of N510 to N560
Can't recalled.

megawealth01:


Do you have idea of his entry price? That's if it was a cross deal

Mankind2024:
https://www.thecable.ng/otedola-buys-dangote-cement-shares-company-now-worth-n9trn/amp/


https://punchng.com/dangote-cement-hits-n10tn-capitalisation/


https://www.tekedia.com/femi-otedola-explains-strategic-investment-in-dangote-cement/

His entry price was undisclosed, could be in the range of N510 to N560
Can't recalled.

He's been buying the stock between the price 350 - 500 since July last year

Agbalowomeri:


Omo this life no get formula
Even the erection industry is a multi billion dollar industry 😂

The producers make the money not the consumers

Ibrahim505:
Many youths are good in making money until they got married when the financial struggles kept compounding-the rat race.
Those who prefer reading, saving and investing over patronizing erection industry are more likely to join the wealthy class.

Men should look for symbiotic associations that can produce synergistic benefits to both parties