Stephen

Business | Money | Stocks |Wealth-building through markets| Breaking down money moves|

[Stephen @ScFidelis]

https://t.co/rLNnloOnzA

[Stephen @ScFidelis]

@Okwabani @tosinolaseinde Lose money in MMF? Nah

[Stephen @ScFidelis]

This week, the NGX recorded its first 4-day losing streak since February.

Only the second such streak in all of 2026.

The market shed 2.8%.

A reminder that even the strongest bull markets occasionally stop to catch their breath.

[Stephen @ScFidelis]

All you have is ₦100m and you sink it into a property that generates no cash flow.

You're about to learn Lesson 101 in finance:

Cash flow is king.

[Stephen @ScFidelis]

Co-founder is marriage without the sex. ~ Naval

[Stephen @ScFidelis]

Life Cycle stages matters a lot. Never just about now.

P.S Please read entire thread on SpaceX IPO.

[Aswath Damodaran @AswathDamodaran]

If you are surprised that accessing the financial statements did not have a bigger impact on my valuation, it is because it is a young company, where the answers to the big questions are not in those financials. https://t.co/vneuJFreRi

[Stephen @ScFidelis]

Most multi-baggers look boring before they become obvious.

[Stephen @ScFidelis]

This week has been a painful one for Nigerian investors.
Over ₦5 trillion in market value has been wiped off the NGX so far.

[Stephen @ScFidelis]

I typically advise folks to grow their dry powder (money) in MMF.

When it becomes sizeable, take a % to the equity markets. And continue building the MMF.

When swings happen, that MMF is your real power.

When sudden opportunities show up, MMF comes to the rescue.

Lastly, MMF allows you compound your equities with peace of mind.

[Newton Enyimba @celebritydoc_]

@ScFidelis Or don't have enough dry powder to deploy.

[Stephen @ScFidelis]

Your portfolio is a reflection of your convictions. If every position is tiny, you may not have any real conviction at all.

[Stephen @ScFidelis]

You’re not the only one with a link 🤣

[Adeola @iamcomputer__]

We invited a candidate to an interview and sent him our meeting link.

The candidate rejected it and sent us his own meeting link that we should join him instead 😂😂😭😭

[-valar morghulis- @eldivine]

Everyone is complaining about how to raise money. Please, if you want to raise money as a Nigerian business and you have between N100m and N1B in revenue, you're profitable, and have at least 3 years of financial records please send an email to [email protected]

We would like to speak to you.

In your email include the name of your company, the location and what it does.

We have many people in Nigeria and diaspora willing to give you money.

Don't say we never did anything for you.

(Please retweet for reach. Thank you).

[Stephen @ScFidelis]

The market rewards different skills in different seasons. Learn to identify the regime you're operating in.

[Stephen @ScFidelis]

@olumidecapital NFT was really a thing back then. Now the hype has died naturally.

[Stephen @ScFidelis]

Many investors focus on the P/E ratio.

Few ask:

"Can this company earn 5x more profit in 10 years?"

The second question often matters more.

[Stephen @ScFidelis]

One of the most expensive mistakes in the stock market is not knowing how to use a Limit Order.

A good entry price can make all the difference.

Sometimes, your entry is everything.

[Hisa @hisanigeria]

We broke this down here 👉https://t.co/IBdDHAlWzG

[Stephen @ScFidelis]

ABBEY is trading almost 50% below its 52-week high.

Meanwhile:

📍Earnings have improved materially
📍A commercial banking licence is in the bag
📍Mortgage banking remains a niche where it has some advantage

The question isn't whether the story has changed.

The question is whether the market has fully embraced this - c.30m bids, no offers.

[Stephen @ScFidelis]

Most banks enjoy the advantage of low-cost deposits.

ABBEY Bank's differentiator could be mortgages.

If executed well, that may prove to be a more durable competitive advantage.

[Stephen @ScFidelis]

@Petecomg00 🤣🤣🤣🤣🤣

[Stephen @ScFidelis]

One of the best things to happen to the NGX is the transition to T+1 & the expanded trading hours to 4pm.

Next is to increase the daily maximum swing to 20%.

NGX is never the same again.