ukay2:


Very possible....

You just need
-your share certificates number
-confirm with the registrar the adress you used in buying the share
-specimen signature
-documentation with your stockbroker where the share certificate will be dematerilized which include your cscs number, CHN

Within 2 weeks, the number of units and bonuses will be credited into your stockbroking account and you can start trading it if you want to eventure sell the shares self.

All the dividends will be paid into your e-dividend mandate account and continously whenever the company declares dividend

Great! This should help some of our abroad brothers and sisters that did not know it was possible. Hope it’s not too late for some sha.

Meanwhile, won’t yahoo boys take advantage if they happen to obtain the necessary info? Just imagine yahoo boys working with insiders at registrars and stockbrokers. They will be making a killing by selling shares of unsuspecting people.

ukay2:


Exactly

Consistency is what is required

Check Dangote Cement Plc....his dividend in June 2020 was huge...these guys are making good money in our economy

Lets not even go to Alhaji own...
That one gives a special type of headache lol...

But to be honest yea,
I always wondered what is the point of listing a company, when your holdings in that company is way above 70%
I dont get it

DexterousOne:

I think MTN is okay at it's current price
I'm loading bit by bit on that one
Someone argued with me
Or will I say made a point
That we cannot compare Airtel Africa to MTN Nigeria
But I still feel that MTN is more like it; over airtel

As for Seplat, dont know much about them

Buying Airtel Africa will give you shares in their business in Africa, buying MTN on NSE will give you share in their business in Nigeria

Lazyyouth4u:

Great! This should help some of our abroad brothers and sisters that did not know it was possible. Hope it’s not too late for some sha.

Meanwhile, won’t yahoo boys take advantage if they happen to obtain the necessary info? Just imagine yahoo boys working with insiders at registrars and stockbrokers. They will be making a killing by selling shares of unsuspecting people.

BVN, stock broking accounts are linked to your BVN and bank accounts

DexterousOne:

Lets not even go to Alhaji own...
That one gives a special type of headache lol...

But to be honest yea,
I always wondered what is the point of listing a company, when your holdings in that company is way above 70%
I dont get it

People are doing well with the remaining 30%

DexterousOne:

Dr. Akpa
I'll like to ask you a question

Do you accept that this MBA Forex thing is a HIGH RISK business?
I try my best
Like really try, not to shame anybody who puts his money into whatever
It's just for the person to understand the risk
That's about it

Yes, it is a very high risk...
As a young man who is still very physically active, I spread my risk and self worth amongst high (20percent) , medium (30percent) and low risk investments (50percent). Returns from my high risk investments are used to prop up my holdings in other stable and long term investments, and also for philanthropic activities.

I do this now, because I know I cannot take these high risks when I cross 50 years which is few blocks around the corner. Therefore, we know what we are doing. Tnx

RayRay06677:


I know experts are employed to trade for the company, not one or two people, groups of people. ever wonder why they don't pay roi every day, its because some days are not profitable but in the average at month end, over 40% is made and u r given 10%, is that a big deal. take out time to understand before antagonizing. I am bothered that you castigate something you know nothing about. Take a challenge and learn about it, manuals are everywhere online. also read successful stories of people only live forex. Thanks

Do you expect somebody in his 60s to have a mobile brain? Some people's brain stop evolving once they cross 50. It's a waste of time sir, just keep collecting your alert from the so called ponzi and keep peppering them.
If collecting 15percent consistently for 14months is ponzi, then I die there.

emmanuelewumi:


Dividends become status barred after 12 years, meaning the shareholders can have access to the money again. The money goes back to the company.

Government wants to put an end to this, rather they want to manage the fund until shareholders or their families will come for the fund.

SEC is really trying to make sure unclaimed dividends reduce to the barest minimum. They have a portal where you can type your name or your parents names and it will give the list the list of companies where you or your parents have outstanding dividends.

A family was able to retrieve over N10 million from the accumulated dividends of the their father who died 15 years ago.

Shareholders should open a stock broking accounts and allow their stockbrokers and other professionals to assist them with their outstanding dividends.


The major problem with unclaimed dividends is unclaimed shares, up to 70% of the outstanding unclaimed dividends are unclaimed shares. People who used fake names to buy shares, some of them are dead and their families do not know about the Investments.


Before the advent of BVN frausters who have a syndicate with members from the banks, post offices, passport office, licensing office and the registrars would have claimed the fund through identify theft

SEC should make e-dividend automatic
By sending customers bank details along with names to the registrars

Why is that so hard?

Why can I not open a stock broking account, buy shares and start getting dividend to the bank account I registered with my broker?
No need for extra steps before I access dividend.
Most people don't even know about the extra steps self, Why outstanding dividends no go climb?

Most of the market woman banks sold shares to inside markets in owerri in 2008 don't know how to get those shares now.

Dangote flour Mills delisted from the exchange while owing me 900 units,
How do I get that back?

That happened because EDC registrars kept asking me to sign papers and send via FedEx at N3000 a pop to Lagos, and I got tired when I realised I had spent the entire worth of the shares on posting papers!

SEC is the problem, they need to rearrange the dividend process as I said above.

Lazyyouth4u:

Found the attached on Na.ira me.tric. I think these are mainly Fund II (under age 50) but I am not too sure.

I don’t know much about the NLPC that had 52% returns but they seem to be doing very well. AXA Mansard and Investment One are also very good.

Everyone I know uses Stanbic but I am disappointed in their performance. They have good customer service though.

Many thanks Brother.

Advise needed here:

The summary of the offer is presented below:

Issuer River Jamieson SPV Limited
Guarantor Edo State Government
Programme Size ₦25,000,000,000.00
Issue Size Up to ₦25,000,000,000.00
Description Series 1 fixed rate senior guaranteed bonds
Sponsor Rating ‘A-’ by Datapro
[Bbb-] by Agusto
Issue Rating ‘A-’ by Datapro
[Bbb] by Agusto
Price Guidance 8% – 9%
Tenor 5 years
Par Value ₦1,000 per unit of the Bond
Issue Price 100% of par value
Units of Sale Minimum of ₦10,000,000 (10,000 units at ₦ 1,000/unit) and multiples of ₦5,000,000 thereafter
Security Structure Irrevocable Standing Payment Order of the State and Guarantee and the full faith and Credit of the State
Issue Date [●] 2020
Maturity date [●] 2025
Book Build Opens December 7, 2020
Book Build Closes December 11, 2020
Funding Date December 14, 2020
Day Count Fraction Actual / Actual
Offer Mode Offer for subscription via a book build
Coupon Basis Fixed rate, semi-annual
Principal Redemption Basis Amortising with a 1 year moratorium
Noting FMDQ Private Markets Platform
Use of Proceeds To finance identified infrastructural projects (refer to pricing supplement)

MBA forex has scammed their cherished customers.

Joeyburton:
MBA forex has scammed their cherished customers.

Do you have any proof to that effect?

Joeyburton:
MBA forex has scammed their cherished customers.

Please, create a separate thread for that. Don't invite that Dr Bag guy and his comrades to come in and mess up this thread.

RayRay06677:
Advise needed here:

The summary of the offer is presented below:

Issuer River Jamieson SPV Limited
Guarantor Edo State Government
Programme Size ₦25,000,000,000.00
Issue Size Up to ₦25,000,000,000.00
Description Series 1 fixed rate senior guaranteed bonds
Sponsor Rating ‘A-’ by Datapro
[Bbb-] by Agusto
Issue Rating ‘A-’ by Datapro
[Bbb] by Agusto
Price Guidance 8% – 9%
Tenor 5 years
Par Value ₦1,000 per unit of the Bond
Issue Price 100% of par value
Units of Sale Minimum of ₦10,000,000 (10,000 units at ₦ 1,000/unit) and multiples of ₦5,000,000 thereafter
Security Structure Irrevocable Standing Payment Order of the State and Guarantee and the full faith and Credit of the State
Issue Date [●] 2020
Maturity date [●] 2025
Book Build Opens December 7, 2020
Book Build Closes December 11, 2020
Funding Date December 14, 2020
Day Count Fraction Actual / Actual
Offer Mode Offer for subscription via a book build
Coupon Basis Fixed rate, semi-annual
Principal Redemption Basis Amortising with a 1 year moratorium
Noting FMDQ Private Markets Platform
Use of Proceeds To finance identified infrastructural projects (refer to pricing supplement)

If I had that ur 300 or 500 mil u have been accumulating, I would have distributed it in the stock market earlier this year when prices were at their all time low. Stocks like dangote cement, zenith and okumuoil etc would have served all the diversification I needed. And just be a dividend collector for the next few years. A guaranteed 20% annual return plus asset appreciation would have been used to pursue this other riskier investments.

Dangote cement because Nigeria is a developing country and the need for building and construction materials will be in demand for a very long time. Also because the company is well established and will be very hard to be overtaken by new comers.

Zenith, well, any of d FUGAZ would do. The Nigerian banking sector is kind of solid, almost all monetary transactions go through banks.

Okumuoil is into the agricultural sector.

Don't mind my rambling, my views are usually very simplistic and I maybe very wrong.

ositadiima1:


If I had that ur 300 or 500 mil u have been accumulating, I would have distributed it in the stock market earlier this year when prices were at their all time low. Stocks like dangote cement, zenith and okumuoil etc would have served all the diversification I needed. And just be a dividend collector for the next few years. A guaranteed 20% annual return plus asset appreciation would have been used to pursue this other riskier investments.

Dangote cement because Nigeria is a developing country and the need for building and construction materials will be in demand for a very long time. Also because the company is well established and will be very hard to be overtaken by new comers.

Zenith, well, any of d FUGAZ would do. The Nigerian banking sector is kind of solid, almost all monetary transactions go through banks.

Okumuoil is into the agricultural sector.

Don't mind my rambling, my views are usually very simplistic and I maybe very wrong.

My brother, sorry to say. I don’t agree. It is not as easy as that. Investing in equities is very high risk. You can get dividends today, tomorrow you may not. You can invest in stocks today and in a couple of years, the money invested will be halved. All it takes is for external shocks to hit the domestic or global markets and you will regret ever going there with your 500 million. And this generally applies to developed markets. Talk less of our inefficient market that can easily be manipulated.

Anyone that celebrates dividends hitting his or her account is not really thinking about what can happen to the share price in a short period of time. Some of us are after capital preservation o. It’s like a man that celebrates interest on corporate bonds hitting his account when he is not sure that he will even get half of his principal at the end of the corporate bond’s tenor.

No investor should ever put all his money in the Nigerian stock market.
The Nigerian stock market is a very high risk investment play. Anyone that says otherwise is setting people up for premium tears.

ositadiima1:


If I had that ur 300 or 500 mil u have been accumulating, I would have distributed it in the stock market earlier this year when prices were at their all time low. Stocks like dangote cement, zenith and okumuoil etc would have served all the diversification I needed. And just be a dividend collector for the next few years. A guaranteed 20% annual return plus asset appreciation would have been used to pursue this other riskier investments.

Dangote cement because Nigeria is a developing country and the need for building and construction materials will be in demand for a very long time. Also because the company is well established and will be very hard to be overtaken by new comers.

Zenith, well, any of d FUGAZ would do. The Nigerian banking sector is kind of solid, almost all monetary transactions go through banks.

Okumuoil is into the agricultural sector.

Don't mind my rambling, my views are usually very simplistic and I maybe very wrong.

Good selection, Dangote cement, Zenith Bank and Okomu.


But why Okomu? Presco appears to be more efficient.

DexterousOne:


One does not need to be 20 to 30 years in the business in order to give financial advice, or investment strategies
Your first two years may be a rocky start
After that, in my opinion, is cruise control
There are young forex traders who are less than 3 years in the business
But have done amazing things

No you don’t need to be 20 or 30 years but an entry level guy does not give financial advice. You know absolutely nothing at that level. You don’t go to meetings and you don’t speak to clients. If you are brought in to take notes, you are warned to keep your damn mouth shut.

Please don’t deceive yourself. You are not in cruise control after two years. You will only be in cruise control after at least 10 years in the industry as then you would have had the chance to learn from more experienced people. You would have also failed and learnt from those failures.

Boy, give yourself a slap for comparing yourself to the CBN governor and speaking condescendingly about people who are more experienced in life and in their professions than you will ever be.

By the way, how are you always here during working hours if you truly have found a job? Rookies are dumped with busy work and sent on errands all the time.

No need to shalaye with your shalayeing epistles again o. They will still come back to bite you tomorrow.

Lazyyouth4u:

My brother, sorry to say. I don’t agree. It is not as easy as that. Investing in equities is very high risk. You can get dividends today, tomorrow you may not. You can invest in stocks today and in a couple of years, the money invested will be halved. All it takes is for external shocks to hit the domestic or global markets and you will regret ever going there with your 500 million. And this generally applies to developed markets. Talk less of our inefficient market that can easily be manipulated.

Anyone that celebrates dividends hitting his or her account is not really thinking about what can happen to the share price in a short period of time. Some of us are after capital preservation o. It’s like a man that celebrates interest on corporate bonds hitting his account when he is not sure that he will even get half of his principal at the end of the corporate bond’s tenor.

No investor should ever put all his money in the Nigerian stock market.
The Nigerian stock market is a very high risk investment play. Anyone that says otherwise is setting people up for premium tears.

Yes, external or internal shocks can affect the stock market but also other forms of investment.

For example the Corona pandemic affected all forms of investment, but the stock market is kind of resilient it will get hit but rebounds especially the leaders in their individual sectors.

Unlike the USA and other developed countries with thousands of listed stocks on their stock exchange Nigeria has about 150 something. It is much easier to spot industry leaders.

Plus it has been proven that buying and holding "good" stocks is the safest form of investment beside real estate.

ositadiima1:


Yes, external or internal shocks can affect the stock market but also other forms of investment.

For example the Corona pandemic affected all forms of investments, but the stock market is kind of resilient it will get hit but rebounds especially the leaders in their individual sectors.

Unlike the USA and other developed countries with thousands of listed stocks on their stock exchange Nigeria has about 150 something. It is much easier to spot industrial leaders.

Plus it has been proven that buying and holding "good" stocks is the safest form of investment beside real estate.

Provided you bought right or at a discount, the business is growing, management is competent and ethical, the balance sheet is strong

ositadiima1:


Yes, external or internal shocks can affect the stock market but also other forms of investment.

For example the Corona pandemic affected all forms of investment, but the stock market is kind of resilient it will get hit but rebounds especially the leaders in their individual sectors.

Unlike the USA and other developed countries with thousands of listed stocks on their stock exchange Nigeria has about 150 something. It is much easier to spot industry leaders.

Plus it has been proven that buying and holding "good" stocks is the safest form of investment beside real estate.

The stock market is very volatile. Any kind of bad news quickly hits the markets. Fixed income and real estate markets are more resilient. It would take very bad news like the COVID pandemic or the global financial crisis of 2007, etc to hit all securities.

Holding stocks long term may yield the highest long term returns. But it is certainly not the safest form of investments. It is the riskiest! You can never ever sleep well at night keeping your 500m life savings in the stock market. Talk less of the NSE. My Oga, that’s the easiest way to get high blood pressure.

Lazyyouth4u:

No you don’t need to be 20 or 30 years but an entry level guy does not give financial advice. You know absolutely nothing at that level. You don’t go to meetings and you don’t speak to clients. If you are brought in to take notes, you are warned to keep your damn mouth shut.

Please don’t deceive yourself. You are not in cruise control after two years. You will only be in cruise control after at least 10 years in the industry as then you would have had the chance to learn from more experienced people. You would have also failed and learnt from those failures.

Boy, give yourself a slap for comparing yourself to the CBN governor and speaking condescendingly about people who are more experienced in life and in their professions than you will ever be.

By the way, how are you always here during working hours if you truly have found a job? Rookies are dumped with busy work and sent on errands all the time.

No need to shalaye with your shalayeing epistles again o. They will still come back to bite you tomorrow.

Let's take these one by one

Lazyyouth4u:

The stock market is very volatile. Any kind of bad news quickly hits the markets. Fixed income and real estate markets are more resilient. It would take very bad news like the COVID pandemic or the global financial crisis of 2007, etc to hit all securities.

Holding stocks long term may yield the highest long term returns. But it is certainly not the safest form of investments. It is the riskiest! You can never ever sleep well at night keeping your 500m life savings in the stock market. Talk less of the NSE. My Oga, that’s the easiest way to get high blood pressure.

What will you say about people who have about 80% to 90% of their networth in the stockmarket.

Investors need staying power, diversification and steady cash flow from their Investments gives the staying power. Excessive leverage is very dangerous.

ositadiima1:


If I had that ur 300 or 500 mil u have been accumulating, I would have distributed it in the stock market earlier this year when prices were at their all time low. Stocks like dangote cement, zenith and okumuoil etc would have served all the diversification I needed. And just be a dividend collector for the next few years. A guaranteed 20% annual return plus asset appreciation would have been used to pursue this other riskier investments.

Dangote cement because Nigeria is a developing country and the need for building and construction materials will be in demand for a very long time. Also because the company is well established and will be very hard to be overtaken by new comers.

Zenith, well, any of d FUGAZ would do. The Nigerian banking sector is kind of solid, almost all monetary transactions go through banks.

Okumuoil is into the agricultural sector.

Don't mind my rambling, my views are usually very simplistic and I maybe very wrong.

If anybody is investing for dividends, it is never too late to enter a dividend paying stock.

NL1960:


If anybody is investing for dividends, it is never too late to enter a dividend paying stock.

Make sure the dividend yield is 10% and above, minimum of 40% of the earnings is ploughed back into the business for growth and to increase the retained earnings, earnings are also growing at an average of 10% in the last 3 to 5 years

DexterousOne:


Let's take these one by one

No you don’t need to be 20 or 30 years but an entry level guy does not give financial advice. You know absolutely nothing at that level. You don’t go to meetings and you don’t speak to clients. If you are brought in to take notes, you are warned to keep your damn mouth shut

What really is your grouse
That the points I raise is invalid?
Or I am an "audio investor"
Or what?
Learning about investing has nothing to do with going to meetings.
Knowing the diffeence between earned and unearned income have nothing to do with meeting clients
Building a portfolio has nothing to do with what you do for a living

Having an early start at this really puts you ahead
Opening a brokerage account is very simple
Funding it periodically is all you need to do to keep it going
Knowing how to dissect financial statements properly is the icing on the cake.


Please don’t deceive yourself. You are not in cruise control after two years. You will only be in cruise control after at least 10 years in the industry as then you would have had the chance to learn from more experienced people. You would have also failed and learnt from those failures

This is not exactly accurate
In my own personal experience, I learnt most of my lessons in the first two years plus of my journey (that's for the equities aspect though, for T Bill's and Mutual funds, there was really nothing to learn lol) after which I got better in the subsequent years
If you are keen to know some of the lessons I learnt, they are as follows :
1) Stay away from JIJO
2) Stay away from illiquid stocks (this one hurt me the most)
3)Buy and hold strategy is THE BEST strategy
4) Only buy market leaders (and maybe some companies with potential
5)Fundamental Analysis is EVERYTHING

Knowing these three simplifies the investment journey for you
And you are right about one thing, one continues to learn more and more
And make no mistake, I still have more to learn
No one is know it all...
That's why periodically I stroll in here, to peep at what some of us here have to say, to learn more



Boy, give yourself a slap for comparing yourself to the CBN governor and speaking condescendingly about people who are more experienced in life and in their professions than you will ever be

Like I said before, i am very well qualified to criticise every silly policy the CBN governor does
Being more experienced than me does not mean that everything he is doing is correct.
And that does not mean I cant criticise his policies
Because I very well can. I'm a monetary policy junkie
Letting the gulf between official and black market rate widen remains a stupid thing to do.
No explaining out of it

By the way, how are you always here during working hours if you truly have found a job? Rookies are dumped with busy work and sent on errands all the time.

I will pretend as if I did not see this part


No need to shalaye with your shalayeing epistles again o. They will still come back to bite you tomorrow.

Okay
I have heard you
Thanks for the advise
I appreciate it

Despite all said and done
I have no hard feelings towards all you said
And your advise to others is correct
Always take what a random person tells you on internet with a pinch of salt

Peace

Lazyyouth4u:

My brother, sorry to say. I don’t agree. It is not as easy as that. Investing in equities is very high risk. You can get dividends today, tomorrow you may not. You can invest in stocks today and in a couple of years, the money invested will be halved. All it takes is for external shocks to hit the domestic or global markets and you will regret ever going there with your 500 million. And this generally applies to developed markets. Talk less of our inefficient market that can easily be manipulated.

Anyone that celebrates dividends hitting his or her account is not really thinking about what can happen to the share price in a short period of time. Some of us are after capital preservation o. It’s like a man that celebrates interest on corporate bonds hitting his account when he is not sure that he will even get half of his principal at the end of the corporate bond’s tenor.

No investor should ever put all his money in the Nigerian stock market.
The Nigerian stock market is a very high risk investment play. Anyone that says otherwise is setting people up for premium tears.

Investing in equities is very high risk. = That's true
But there are avenues to mitigate these risks, and as long as you got into a liquid stock, you can always quickly fly out if you made a mistake


. You can invest in stocks today and in a couple of years, the money invested will be halved. = This is also true
However, if the FUNDAMENTALS of a company did not change, and the share price of a company halved (case in point = Zenith bank falling to sub N11 earlier this year)
It's just market sentiment, and you can do one of two things

Go to sleep, or accumulate more
What would be more worrisome is when the share price of a fundamentally faulty company is just rising and rising anyhow (this one is Japaul stock in trade sometimes lol)

No investor should ever put all his money in the Nigerian stock market. = Some diversification is good
So you are right on this one too

Talk less of our inefficient market that can easily be manipulated
You see, one great thing about our "inefficient market" is that a share price cannot lose more than 10% of its day value
The erosion is slow and steady if the falling is even steady sef

But you see NYSE?
That's olace is the wild west

emmanuelewumi:



Good selection, Dangote cement, Zenith Bank and Okomu.


But why Okomu? Presco appears to be more efficient.

Okomu has had consistent growth
That I can say
Dont know much about Presco though

Whiteshield:


If only you had a responsible mother, you would have learnt how to respect women. If only your father was around, you would have learnt chivalry and manners. Unfortunately, you have the scruples of a street dog.

I don't engage attention-seeking miscreants with disoriented and mannerless mentality.

I was happy nobody quoted him, until I saw yours, pls ignore him because he is not worth your time and attention.

Have a great day!

This one too feel like she is important,who was talking to you or needed your response?
Mehn these frustrated chicks are crazy...

I think you really have a strong bias against the stock market in general and NSE in particular. For me the inefficiency of the NSE is already factored in.
I have also noticed that your view of the stock market is more from the option of trading, I personally know that is a lot more risky. Except I am missing it, there is also those who just want somewhere to put their money and start getting an income from it without the rigors of doing any physical work from it. You did reference that when you said the value invested can devalue, a case in point to buttress your point will be Oando that sold at 200+ a few years ago and presently playing around 10. That is why I like oga Ema's strategy of following any news that involves a company you have investment with even if you are a dividends hunter. Oando for example did not just go from 200+ to 10+ in 1 month, so if you are watching your investment, you could have sold at say $120 or more.
However, you do have a point in playing the devil's advocate so that folks do not start seeing it as a direct replacement of TB that is guaranteed to return your capital, the stock market offers no guarantees. So anyone interested in the stock market should read the optimistic views of oga Ema, Ukay and the cautious (not wanting to use pessimistic) view of lazyyouth and use that as a form of guide.

Lazyyouth4u:

The stock market is very volatile. Any kind of bad news quickly hits the markets. Fixed income and real estate markets are more resilient. It would take very bad news like the COVID pandemic or the global financial crisis of 2007, etc to hit all securities.

Holding stocks long term may yield the highest long term returns. But it is certainly not the safest form of investments. It is the riskiest! You can never ever sleep well at night keeping your 500m life savings in the stock market. Talk less of the NSE. My Oga, that’s the easiest way to get high blood pressure.

Ukay or oga Ema? Kindly share your thoughts on this. There is another guy very vast in these kinds of investments, not sure if it is realityshots, whoever is good in this, your opinion is needed.

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The Bond is sponsored by the Edo State Government ("the State" and guaranteed by an Irrevocable Standing Payment Order ("ISPO" on the State's revenue issued by the State's Ministry of Finance. Proceeds from the ISPO shall be remitted monthly into a Sinking Fund Account, established and managed by appointed Bond Trustees (the Trustees are duly registered with the Securities and Exchange Commission), for the purpose of meeting all obligations in accordance with the Trust Deed.

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ojesymsym:
I think you really have a strong bias against the stock market in general and NSE in particular. For me the inefficiency of the NSE is already factored in.
I have also noticed that your view of the stock market is more from the option of trading, I personally know that is a lot more risky. Except I am missing it, there is also those who just want somewhere to put their money and start getting an income from it without the rigors of doing any physical work from it. You did reference that when you said the value invested can devalue, a case in point to buttress your point will be Oando that sold at 200+ a few years ago and presently playing around 10. That is why I like oga Ema's strategy of following any news that involves a company you have investment with even if you are a dividends hunter. Oando for example did not just go from 200+ to 10+ in 1 month, so if you are watching your investment, you could have sold at say $120 or more.
However, you do have a point in playing the devil's advocate so that folks do not start seeing it as a direct replacement of TB that is guaranteed to return your capital, the stock market offers no guarantees. So anyone interested in the stock market should read the optimistic views of oga Ema, Ukay and the cautious (not wanting to use pessimistic) view of lazyyouth and use that as a form of guide.

I wish I could give 600 likes for this comment. You understand exactly where I’m coming from.

If not for some of the pros guiding people here (for free), lots of people would have been in big trouble as they wrongly see the stock market as a like for like alternative to Tbills. Put your money in xyz because they pay dividends and then go to sleep.

Takes a lot of work, knowledge of the Nigerian market and efforts to find the right picks. And even with that, there are no guarantees. It’s still a high risk, high reward play. And retail investors have to be very cautious.