@Wizarab10 The local production of the particular goods is losing to the imported.
The government gains NO revenue (custom pay) from the imported
Can also mean the local production is insufficient. That is, demand is high
@gentlemanway007 The other dividend is from CardinalStone Equity Fund. Paying ₦0.09/unit.
I'm not certain. I got the same dividend so I assumed. And few days ago I got an email from CardinaStone related to dividends
Two apps I am obsessed with when it comes to investing.
1. @ZedcrestWealth for Nigerian stocks and mutual funds.
2. @hisanigeria for US stocks
Smooth interface, competitive fees, and both are SEC licensed. Peace of mind.
What are you using?
@DoNotFallSick@TomolaGroup The interest rate of 15% does the work. He analysed it with 15% rate but it's will be best you research fund that can give you about 40% to 50% return on interest. The interest compounds with the money you're funding monthly...
Under the current NGX rules, companies listed on the Main Board or Premium Board must either maintain a 20% free float held by at least 300 shareholders, or have a free float valued at N20 billion (Main Board) or N40 billion (Premium Board).
#NGX#SEC
@ThatJuDaH More like FirstHoldco is dragging UBA along the ladder 😁😄.
UBA keeps adding in trickle since last week FirstHoldco been making back to back +9.95 each session
Is this normal for a stock in financial services sector or should we be worried??
Consistent closing at average +9.95% for 5 consecutive sessions. What is FirstHoldco not telling us?
@abalu_uthman I noticed I have seen notifications from YouTube and also no link related to that in Nairametrics WhatsApp channel.
I haven't digested that episode of Sam H1'26 compilation yet. They shoul let me catch up
@ThatJuDaH That YTD change and 1Y change shows investors are pivoting to Aradel more than Seplat. Seplat is now an expensive stock. When I say expensive, I mean on dry powder not fundamentals and financials.
@seyithemie It's called "investment" not "get rich quick". You want to see little surprise? Track the P/L each day and compare it to what the money did when it was sitting your bank account....