pluto09:



If we are lucky for a successful containment after 4 week lockdown ,we should be thankful....

that's why I still think that total lock down is not the best approach especially for a fragile economy like ours

Mcy56:
Happy Easter everyone!
May we witness many more in the land of the living in joy, peace and good health if Jesus tarries. Amen.
Remain blessed. Stay safe.

Happy Easter Mcy.

Happy Easter all.

pluto09:



If we are lucky for a successful containment after 4 week lockdown ,we should be thankful....

that's why I still think that total lock down is not the best approach especially for a fragile economy like ours. U may lock down for 6months and there will still be coronavirus. What we need is more preventive and containment measures

yom2:
that's why I still think that total lock down is not the best approach especially for a fragile economy like ours

It is o.

You can restart economies after lockdown and lives will be saved. But you can't restart lives lost.

yom2:
if that happens then march on the streeets is very likely

I think the lockdown would definitely be extended, in Lagos at least and there has already been unrest in some places in Lagos already, as long as Lagos provides palliatives it’ll be alright or maybe they’re waiting for more private individuals to help them as usual.

RabbiDoracle:


I have the feeling that Q1 will not be impacted on so much by this event.

It is Q2 that I feel that there could be revenue impact if it extends beyond April.

I also don't think there will be much impact in q1.
We will surely begin to see the impact from q2.

yom2:
that's why I still think that total lock down is not the best approach especially for a fragile economy like ours. U may lock down for 6months and there will still be coronavirus. What we need is more preventive and containment measures

For those countries that have the capacity to manage an outbreak, that approach might be reasonable.
Nigeria should try as much as possible to contain it no matter what it takes.

RabbiDoracle:


It is o.

You can restart economies after lockdown and lives will be saved. But you can't restart lives lost.

This is the reason passive income should be more accommodated now.

While active income investment is being suffered by lockdown,passive is more of giving returns.

This is the real wealth transfer.I must tell my children to always engage themselves both in active and passive income investments.

Happy Easter my oga and pals.

Happy Easter to you all great minds

essential101:
Happy Easter to you all great minds

smile

locodemy:


This is the reason passive income should be more accommodated now.

While active income investment is being suffered by lockdown,passive is more of giving returns.

This is the real wealth transfer.I must tell my children to always engage themselves both in active and passive income investments.

Happy Easter my oga and pals.

Chief, what you are saying here is just theory.

An economy is on lockdown and you are here talking about passive income. Please mention the passive income streams that are lockdown-proof.

While at it, you may do well to note that one man's passive income is another man's main source of earning.

Northeastern:


Chief, what you are saying here is just theory.

An economy is on lockdown and you are here talking about passive income. Please mention the passive income streams that are lockdown-proof.

While at it, you may do well to note that one man's passive income is another man's main source of earning.

His hostels

RabbiDoracle:


Why do you want to buy the stock?

What area of business does the company serve?

Smart Products Nigeria Plc is involved in the processing of palm kernel oil in Nigeria and its around 0.31 kobo with consistent dividends of up to 10 kobo which makes its stock scarce if anyonw have and wants to sell please let me know

locodemy:


This is the reason passive income should be more accommodated now.

While active income investment is being suffered by lockdown,passive is more of giving returns.

This is the real wealth transfer.I must tell my children to always engage themselves both in active and passive income investments.

Happy Easter my oga and pals.

Passive income is also affected, 6 of my old man's tenants have not paid their rents which should have been paid since January. But on the worst scenario they would have paid since March.


Passive income in form of dividends will also be affected in 2020 and 2021.

The only thing is to have more than enough cash reserves in money market funds and other near money assets.

Northeastern:


Chief, what you are saying here is just theory.

An economy is on lockdown and you are here talking about passive income. Please mention the passive income streams that are lockdown-proof.

While at it, you may do well to note that one man's passive income is another man's main source of earning.

Please explain one man's passive income is another man's main income.


It is very possible for your passive income to be your main income.

abuhusna1:

Smart Products Nigeria Plc is involved in the processing of palm kernel oil in Nigeria and its around 0.31 kobo with consistent dividends of up to 10 kobo which makes its stock scarce if anyonw have and wants to sell please let me know

You can never get enough units that will give you a dividend of 100k

emmanuelewumi:


Passive income is also affected, 6 of my old man's tenants have not paid their rents which should have been paid since January. But on the worst scenario they would have paid since March.


Passive income in form of dividends will also be affected in 2020 and 2021.

The only thing is ti have money than enough cash reserves in money market funds and other near money assets.

I want to believe he’s referring to something like supermarkets or food selling but if it is His hostels or house rentals, then he should get ready for story.. Divorce and lack of house rent payment are the new C-19

TraDeRR:


His hostels

Students are now at home. He can't get money from the hostel

emmanuelewumi:



You can never get enough units that will give you a dividend of 100k

Yeah I know but just wanna key into the stable price and consistent dividends while hoping for equity price appreciation cos I am a long term investor

Mcy56:

It's possible the effect of all these wouldn't even reflect in Q1 but in Q2, that's if the situation persists.
Companies do have a way of generating revenues, especially banks irrespective of economic conditions. Don't be surprised if banks release good Q1 results cos of the highlighted factors self.
People stayed at home and are spending, even more than when they're going out. Banks didn't shut down, they only reduce physical activities. The telecoms biz were/are booming too.
Anyway, we'll see how it goes....

Banks will report some good results especially with the recent devaluation of the country's currency. Expend some fx gains.

TraDeRR:

Testing has started in many EU states.

They are using plasma from recovered patients to treat the sick ones.

Some are testing combination of drugs.

The cases have peaked worldwide. For New York to peak, nothing remains again. Other cities in the US can't be worst than NY.

The focus now is the modalities for re-opening the economies. Slow start or hard push?

Market don tank finish, people don buy.

For Travels, we go see heavy discount on air fares just to encourage people to travel. Ticket taxes are being cut. I saw one from 18% VAT to 1%.

ebuka1997:


Sir if I’m correct , fbn is a holding company so this profit just the bank or the whole holding company?

I believe it's the entire holding company

I suspect there are some loss making subsidiary within that holding group

abuhusna1:

Smart Products Nigeria Plc is involved in the processing of palm kernel oil in Nigeria and its around 0.31 kobo with consistent dividends of up to 10 kobo which makes its stock scarce if anyonw have and wants to sell please let me know

Then it should be very illiquid na.

Why you wan hang yourself there?

TraDeRR:


I want to believe he’s referring to something like supermarkets or food selling but if it is His hostels or house rentals, then he should get ready for story.. Divorce and lack of house rent payment are the new C-19

Super market and selling of foods won't give him passive income


Passive income will continue to generate income when you are asleep, sick or dead. Passive income does not need your presence


Eg rental income, dividends, coupons from bonds, interest, royalties etc

There are Estate accounts of dead shareholders and landlords that are still generating tens of millions of Naira as dividends and rental income while their active income stopped immediately they died

Estate of late Michael Jackson still generates more than enough income from royalties even though he is dead. Some living artistes don't make the volume of income dead Michael Jackson makes in a year

DexterousOne:


I believe it's the entire holding company

I suspect there are some loss making subsidiary within that holding group

FBN was able to pay dividends in 2018 based on the profits of its subsidiaries

abuhusna1:

Yeah I know but just wanna key into the stable price and consistent dividends while hoping for equity price appreciation cos I am a long term investor

The market capitalisation of company should be around N50 million.

TraDeRR:


I want to believe he’s referring to something like supermarkets or food selling but if it is His hostels or house rentals, then he should get ready for story.. Divorce and lack of house rent payment are the new C-19

Everything is affected so long as there are forced closure of businesses.

Na only stock market dey open.

How your end na? Hope not much in your city?

DeRuggedProf:
https://punchng.com/caverton-flew-in-220-passengers-without-covid-19-screening-rivers/

Flew in from where - UK or US , Does he even have an idea, how many people move into Rivers state through other routes without being tested.Do they even have the capacity to test everyone moving into the state.The 2 elephants should just settle their scores and leave the grass alone

abuhusna1:

Yeah I know but just wanna key into the stable price and consistent dividends while hoping for equity price appreciation cos I am a long term investor

and when you want to sell nko?

RabbiDoracle:


Then it should be very illiquid na.

Why you wan hang yourself there?

Listen to this voice, so many other better ones out there!