BuyMeLand:
Some company shares are just useless. 11years investment no even reach up to N1k

Got this same shares since 2005, the total dividend no reach 1k. Shares in Nigeria na scam.

Blitzking:

Crypto is a gamble..a friend of mine bought 3 btc in 2013 it was a gamble and institutional investors had none....Once you become old money u become more cautious

1. early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100. Over two weeks starting late June 2013 the price dropped steadily to $70. The price began to recover, peaking once again on 1 October at $140.

2. Bitcoin (BTC) price again reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024.

Tell me if it's not a better investment over time now if he was able to keep his 3 BTC, he will have over $200,000 USD in crypto asset by now. Consider the post and these BTC value now.
My point is not that crypto is not risky, government and company share are risky too. Devaluation of currency, inflation, country debt profile. Company collapse etc can turn your shares to dust. Institutional share is even more of a gamble as you are not a custodial of your investment, in crypto, if the value are falling drastically, you can withdraw asset or convert to a stable token. Everything is about our pool of knowledge.

As for me, I prefer crypto to company and govt shares anytime anyday.

Good day,
These could not be far from the real thing.
Your father has invested in a small share, whereas some investors are having 100k unit, 1mil unit etc.
How it work dividend is nothing when it comes to shareholding but buying & selling of it.
If you want to sell this 1050 unit now, you may sell it at #10k depending on the worth of Transcop share then.
Meanwhile, Transcop share as at today is about #11.05 per share.

ppogba:


Are you suggesting, assuming, projecting or confirming this assumption?

Educate yourself please.

For a quick check, ask anyone who bought at least 10,000 units of GT shares during the public offer at N10.90 before replying Mr.

Some of you write under the assumption that the people who comment on these topics are kids/ your age mates.

I can tell you are young (from your response)

Keep this energy till second quarter next year.

Bookmark this post/response.


You bought shares in what accounts to "economic minutes" ago & you are excited?

Wow. Congratulations.

I finally gave up on buying shares, when i saw an alart of the first bank I bought almost 20years ago..

Alert of 1k, N500, is that supposed to be money?

Anything that won't be physical investment that would yield return almost immediately, I'm not putting my money again

Did you fill the Registrar form online or you walked into the Registrar for a hardcopy form?

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

Millions or billions?

Chief, your dad invested little.

You weren't expecting millions as ROI, were you?

Ishilove:

Abeg I no wan laugh

Abeg e reach to laugh. Lmao

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

I’m sure u also didn’t start crypto 11 years ago Mr advisor

Wahala 😂😂😂

Judolisco:
Wait oh... Na 45 million naira arbi na 45 naira?
I buy one afribank shares that year, I think 2005 or 2007..... With d bank oh, with d share oh.... Everything Don dissappear

please guys how do i get my clearing house number....its been LONG i did these things

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

When companies executives need money to keep their companies afloat they will go to the public to raise money yet they will never cut down on their personal life style or benefits.

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

yes, hahahhahahaha......

Rexymania:


Mr calculator, how many shares have you bought this year?

My point remains that shares is less profitable in Nigeria compared to other investments, read between the lines.

ppogba:


No reasonable investor will tie down a whole N4m down since 1999 or whatever year you are quoting till date .

Investments don't work that way. Only analysis does.

If only you know what N1M is then.

People buy these things and forget about it, only to remember and see they've made a fortune from it.

mbos:
Your unbacked and uncontrollable Bitcoin future is a scam as well.. they have not rounded enough fund the make it happen

Keep letting the government deceive you. Bitcoin will be here in another 15 years and you will still call it unbacked. Nothing backs Dollars like you are being deceived to think it's backed. USA print money when they want.

1x2x3:



Keep letting the government deceive you. Bitcoin will be here in another 15 years and you will still call it unbacked. Nothing backs Dollars like you are being deceived to think it's backed. USA print money when they want.

I swear

Anytime anyday

And they want others to control theirs

Idaytesj29:


1. early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100. Over two weeks starting late June 2013 the price dropped steadily to $70. The price began to recover, peaking once again on 1 October at $140.

2. Bitcoin (BTC) price again reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024.

Tell me if it's not a better investment over time now if he was able to keep his 3 BTC, he will have over $200,000 USD in crypto asset by now. Consider the post and these BTC value now.
My point is not that crypto is not risky, government and company share are risky too. Devaluation of currency, inflation, country debt profile. Company collapse etc can turn your shares to dust. Institutional share is even more of a gamble as you are not a custodial of your investment, in crypto, if the value are falling drastically, you can withdraw asset or convert to a stable token. Everything is about our pool of knowledge.

As for me, I prefer crypto to company and govt shares anytime anyday.

I have crypto..and benefited from crypto made my first million in crypto and participated in many crypto projects projects via ico...ido...fairlaunches...nft...but overtime I realise crypto investment is money you don't need in a long time and any money I invest in crypto I see it as gone in 202q the average I invested in any crypto project was 3 bnb or 0.1 eth some made me alot of money and others were rug pull I used all sorts of bots to get in first participated in yield farming ..I realised crypto is an investment vehicle that appealed to the young..the same way alot of ppl don't really know what web 3 future will be like..if u can catch the vision before others good for you...

clarion30:
In Nigeria, shares are not a good way of maximising profit. It pays you absolutely nothing.

U need to change your mindset
Pls read this page on Nairaland
NSEMPA
It will change your life...

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

It's still staring at us, btc will still make 10× in ten yrs time

Jesus christ!! so what will i be expecting from Zenith bank and GTB shares that i bought?

Free2Fly:


You guys don't know the difference between shares and dividends, yet you rush to comment.

Dividends per share in Nigeria is usually between 1kobo to 2naira, and so, the total amount earned will depend on the quantity of shares the person is holding.

Even if Transcorp pay the highest dividends of 2naira per share, someone who's holding a total shares of just 1050 like the Op's Dad can't still hammer from it. He'll get only 2x1050= 2100 per year. And I'm sure Transcorp can even pay upto that 2naira per share.
Only Zenith, Gtb, etc, can pay upto that amount of dividends per share.

I was talking about the dividends in 13 years.

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

it’s a scam people used to become overnight billionaires. That’s why Otedola keeps fighting to remain chairman of first bank

Shares is not for small players.

That investment is too small to yield good appreciation,

If you buying shares less than a million Naira, you playing.

clarion30:
In Nigeria, shares are not a good way of maximising profit. It pays you absolutely nothing.

I disagree. If you play big, you will reap big.

It’s not for small players who think they can invest 100k and reap 2 million.

TornApart:
This is funny as hell
.. Can't even pay for his tfare

Hahahaha

iwaeda:


I bought , Africa prudential refuse to send me dividend.

Download the INVEARN app and thank me later.

That is all you need to get your dividends

You're right sha. But how many people have that "free money" to invest in shares. I prefer landed properties, that one can yield profit even after one year, depending on the location.

CoronaVirusPro:


I disagree. If you play big, you will reap big.

It’s not for small players who think they can invest 100k and reap 2 million.

clarion30:
You're right sha. But how many people have that "free money" to invest in shares. I prefer landed properties, that one can yield profit even after one year, depending on the location.

You can never go wrong with land banking if you buy GENUINE ones. Cos it comes with problems too. It’s either omo-onile, Baale, Oba, state or federal government.

The moment that value skyrockets, attacks starts coming, if you don’t buy genuine properties. It’s scary out there.

GEJDHERO:
please guys how do i get my clearing house number....its been LONG i did these things

Get your statement of account from your stockbroker. The CSCS number will be starring you in the face from one angle

GreyWolf01:


Some of you write under the assumption that the people who comment on these topics are kids/ your age mates.

I can tell you are young (from your response)

Keep this energy till second quarter next year.

Bookmark this post/response.


You bought shares in what accounts to "economic minutes" ago & you are excited?

Wow. Congratulations.

It is only a kid that could have said " investing is shares and stocks is a waste of time and money". But since you are claiming not to be one, sorry for my assumption. Maybe you are just an ignorant adult who refused to educate himself and has agreed to hold on perpetually to the ignorant end of the stick.

You are right. I am a kid. What an assumption! Just that I am a kid old enough to have bought shares during public offer of 2002, 2003 for himself and his children.