Ginalex:
hmmm... Taking the OS to over 10billion... Be like I go pause

essentialone:


Agbalagba naim you be for this game naa. You for quick decode. I used Best Case Scenario which is 100% dividend payout ratio. Some companies even pay above 100% and you know naa. But it was just an example I gave.

essentialone:


That should take the new total OS to around 11,080,000,000 shares

Streetinvestor2:
Look well madam. New owners are coming at #1.20 with 9B plus OS

essentialone:


If at Half Year, LASACO EPS stands at N1.73, which is already about 75.22% dividend yield of its current price of N2.30

It's dividend payout at Year End should be massive.🤔

SonofElElyonRet:






Make i dey observe this LASACO debate... wey Mercy the Insurance sector queen? We need your input... OGG wey like insurance analysis may also contribute. Be like say outstanding shares (new owners' inclusive) is the crucial factor to consider!

essentialone:


What will be the implications?

bastardson:
Please I am much more confused. Is Aradel a buy?

Which of the companies can a long term investor, invest 2million in and a steady 100k monthly?

Just registered with NASD as well, not sure how to navigate it.

Please the senior guyz here, don’t Air me

essentialone:


Agbalagba naim you be for this game naa. You for quick decode. I used Best Case Scenario which is 100% dividend payout ratio. Some companies even pay above 100% and you know naa. But it was just an example I gave.

Capitas7:
https://doclib.ngxgroup.com/Financial_NewsDocs/42292_PRESCO_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_OCTOBER_2024.pdf

Presco's interim dividends for 2022 and 2023 were declared in the last week in October, shortly after the board meeting. It'll be nice to see how much they'll pay this year.

bastardson:
Please I am much more confused. Is Aradel a buy?

Which of the companies can a long term investor, invest 2million in and a steady 100k monthly?

Just registered with NASD as well, not sure how to navigate it.

Please the senior guyz here, don’t Air me

Agbalowomeri:


Insurance firms are more stingy with dividend payments and rightfully so, because of the sector in which they operate. So, your best case scenario is not practicable.

Agbalowomeri:


5kobo

Ginalex:
Do you mean you'd be topping up 100k every month? Or you are looking for a stock that pays 100k monthly?

essentialone:


What are the likely implications?

Ginalex:
Do you mean you'd be topping up 100k every month? Or you are looking for a stock that pays 100k monthly?

Agbalowomeri:


5kobo

Ginalex:
Do you mean you'd be topping up 100k every month? Or you are looking for a stock that pays 100k monthly?

aj8:

#128: 0-8
I am going to try
8 consecutive picks with a prospect of 100% to be rolled over as below. Could last 3- 7 years or even less. It’s all about the power of compounding.


I will start at step zero of N1,000,000.

Step 0 =N1,000,000
Step 1= N2,000,000
Step 3 = N4,000,000
Step 4 = N8,000,000
Step 5 = N16,000,000
Step 6 = N32,000,000
Step 7 = N64,000,000
Step 8 = N128,000,000


Purely on Common Sense Strategy.

Let’s see how it goes. Will post my progress here.

bastardson:
Please I am much more confused. Is Aradel a buy?

Which of the companies can a long term investor, invest 2million in and a steady 100k monthly?

Just registered with NASD as well, not sure how to navigate it.

Please the senior guyz here, don’t Air me

aj8:




LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase we’ve missed something important.

aj8:




LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase we’ve missed something important.

aj8:




LASACO cleared for take off based on the strategy. Buy if you can.
1.7x2 x4 = should comfortably do 100% . Target will be 4.00 for now and reappraise as we edge up.


Due diligence still necessary should incase we’ve missed something important.

pluto09:


Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.

pluto09:


Have you factored in the additional 9+billions new share in calculating your EPS?
That being said,the possibility of a rally in share price is high in the short time as many may not be aware of the additional new shares.

bastardson:
Please I am much more confused. Is Aradel a buy?

Which of the companies can a long term investor, invest 2million in and a steady 100k monthly?

Just registered with NASD as well, not sure how to navigate it.

Please the senior guyz here, don’t Air me

aj8:



Can I please have the link to the above information

megawealth01:


In all HONESTY, the stockmarket doesn't really work like that because it's not a casino. It's not a scheme to get rich quick. You need to have the mind of an INVESTOR but to hit it big you might have to gamble some stocks that occurs from time to time like OANDO at below #5, TRANSCORP at below #1 etc. Overall always lookout for companies that will give you good yields yearly at least through dividends...

PRECISE KNOWLEDGE OF THE MARKET'S DYNAMICS, TIME and PATIENCE are key in this market

bastardson:
Thanks a lot, reason why I said long term play.

I am also into the US Stock market, most of the people in US that I know, invest a certain amount from their payslip monthly into a stock they believe in.

I stopped following the Nigerian stock market in 2010, as I noticed that majority of the stocks remained stagnated for years.

But it seems this is beginning to change now. I use to have a CSCS account back then, and I bought Dangote stocks amongst others back then, when investment was through stock brokering firms.

I lost total touch, reason why I am back.

Meanwhile I use Robinhood and Trading 212 for US stocks, while I plan to use Bamboo for naija stocks

emmasoft:


@bastardson, from you questions I will advice you to get knowledge first. Take some time to learn don't rush.
Don't prepare for marathon race with sprint approach.

pluto09:


https://businessday.ng/insurance/article/lasaco-assurance-set-for-n11-1bn-fresh-capital/

https://punchng.com/lasaco-assurance-completes-n11-1bn-capital-raising/

aj8:




Thank you for the information. This voids my earlier recommendation.

Thank you for drawing my attention to this.