Avwerosuoghene

God is the Greatest God is Love.
Finance | Sporting Lagos | Arsenal | Bread

[Avwerosuoghene @LouisAkpoveso]

If you’re a good person, getting more Money makes you a better person. Makes you kinder and more intentional to people around you.

This doesn’t mean giving away your money to everyone who asks.

Moral of the story: Get more money.

[Olumide Adesina @olumidecapital]

The market has a brutal way of transferring wealth from the impatient to the patient. Learning that through a tweet is cheap; learning it with your own capital is an expensive lesson

[Olúwatósìn Olaseinde @tosinolaseinde]

Pls share with those between 18-30

[Olúwatósìn Olaseinde @tosinolaseinde]

If you own up to 5% of a company listed on the Nigeria Stock Exchange you are required to disclose it.

[Avwerosuoghene @LouisAkpoveso]

“The stock market is the only place where people run a way when things go on sale.”

- Unknown

[Avwerosuoghene @LouisAkpoveso]

Today I’m not buying any stocks, but if I had money for investment in stocks, I’d do additional shares of Access Bank Plc.
Something will happen shortly in that company. Something good.

[Avwerosuoghene @LouisAkpoveso]

@FinPlanKaluAja1 Please turn off your mic sir 🥲

[Avwerosuoghene @LouisAkpoveso]

Studying these lyrics like I’m cramming for French exam 😂
One of the best songs released this year for me ❤️

[Avwerosuoghene @LouisAkpoveso]

@originalproflle When I see smart practical solutions likes these, I am convinced that there’s no problem in Nigeria that if we define correctly, we cannot solve.

[Avwerosuoghene @LouisAkpoveso]

My mind is more and more tired of some of these clean touché work type settings. I’m increasingly drawn towards dirty un-swaggerlicious ideas like mining and farming

[Avwerosuoghene @LouisAkpoveso]

If no one is mad, and everyone has a reason for spending money the way they spend it, does that mean there are no wrong reasons for spending money?

Yes.

However, there are consequences for actions.

The goal would be to establish what your reason is, and understand what it would take to accomplish this reason, and not die in the process or because of it.

[Avwerosuoghene @LouisAkpoveso]

I’m so happy for whatever company or SPV actually hacks mortgage in cities like Abuja. That is purpose built, gives access to accommodation on a large efficient scale, and offers ownership.

Similar in structure to what Singapore did.

[Avwerosuoghene @LouisAkpoveso]

@tosinolaseinde Deep

[Morris Monye @Morris_Monye]

It will happen. Amen

NDC needs young people with the contacts and financial sagacity to match the APC.

We don’t need people that just jumped from the APC to the NDC hiding under the umbrella of a godfather.

[Avwerosuoghene @LouisAkpoveso]

Hedging explained for people who do sports betting:

If you’re an Arsenal Fan going to watch the Champions league finals match against PSG, you can hedge your joy by:

1. Placing a bet that Arsenal will loose the champions league title to PSG

- If Arsenal win, you’ll be so happy it won’t matter. You might have spent more than the amount you placed as a bet, on drinks and/or celebratory food anyways.

- if PSG win, well, you’d be sad but your bet would have played out. And that’s some kind of compensation.

This is how hedging works. You project that an event will play out, and if it doesn’t, you have some kind of cushion to ease the stress.

[Avwerosuoghene @LouisAkpoveso]

The most outrageous representation of the 80-20 rule to me is Lagos being the smallest state by land mass with the largest population. I think of an other large states and just wonder to myself, why they aren’t able to organize and attract people and investments faster Lagos.

[Avwerosuoghene @LouisAkpoveso]

It is indeed shocking the number of companies that do not bother to keep proper books and maintain good processes.

[Nairametrics @Nairametrics]

Nigeria’s United Capital Group has received approval from the Ethiopian Capital Market Authority (ECMA) to operate investment banking in Ethiopia. https://t.co/4guDeWKbd7

[Avwerosuoghene @LouisAkpoveso]

Happy new week.

Today I’m buying AIICO.

Even though its Fair Value calculations show it’s a little overvalued, I personally like their Gross Profit Margin which is over 50%, it’s a good sign for me.

PE Ratio still under 10x, Return on Equity albeit not at my sweetest spot of 30%, but still at 20% which is alright. Not a very volatile stock with Beta of 0.01, so no significant surprises relative to market movements.

Also the stock price is under N10 which adds it to my penny stock portfolio nicely.

If I can get a 30%+ upside on AIICO, on or before this time next year I’ll be golden.

Of course, not financial advise.

[Avwerosuoghene @LouisAkpoveso]

💨💨💨 Happy Sunday ❤️