IYO

nothing to see here

[IYO @worldsalt3]

I'm seeing myself launching a startup soon😇.

[Immigify @immigify]

Meet some of the amazing minds behind the scenes and get answers to some of the real questions our clients ask us every day.

#immigify #meettheteam #usimmigration

[Samuel @_olamiADIO]

You can shop my painted caps here
https://t.co/Bs7nwUSGQm

[spidey @lochan_twt]

how life feels without chatgpt, claude, cursor

[khalid @khalidisit]

Why we named this product "Agbero" is 'cos a motor-park tout or conductor who directs traffic, loads buses, checks tickets, and collects tolls...
Agbero is a modern reverse proxy that bridges local development and production deployment...

Agbero is a serverless server!

[khalid @khalidisit]

Alpine.js is simple, but can't build a real SPA... React can build anything but requires a build step, a compiler, and forces HTML into JavaScript...

Ója is the middle path...

[Rufybaba @Rufyb]

The Initiates PLC Q1 2026 Results

Blockbuster earnings. This one is a very compelling money spinner, and it still shocks me that the market let this one be (until the past few days).

I knew it had rallied well in prior years, but the room for more was still there.

When you research a company, one of the common approaches is to adopt the "top-down" approach, where you:

✑ Set the macro expectations (what is the direction of the economy? What are government policies like? What are interest and inflation rates expected to be? Who wins and who loses?)

✑ Set capital market expectations (think about business cycles, and how the financial markets - equity, fixed-income, and foreign exchange markets will behave)

✑ Industry analysis: It is one thing for macro to be good, and for your industry to fall short. For example, the technology sector, with the likes of Nvidia, Microsoft, Alphabet, and Meta, continued to perform well, while folks like Starbucks, Nike, Lamb Weston, and Chipotle Mexican Grill were under pressure.

✑ Company analysis: The industry may be rock-solid, but it does not guarantee that a company within that industry is good. This is where internal company characteristics come into play. What is the competitive advantage? What is the market share? What is the corporate governance like? In the same banking sector, the likes of GTCO and Zenith appear to be doing well, but Unity Bank is in woe.

Having done all of these, I realised that the energy sector holds a special place in the current administration's heart, and it is no surprise that it is the best-performing sector in FY 2026, with a 118% YTD gain. The sector has practically doubled.

Since it was clear that the oil & gas lads were gonna do well, from the onset, what came to mind was "valuation"; what is the cheapest way to enter?

I knew Seplat and Aradel would cook, but is there a cheaper route that is valid and with no major comma? I found an answer in TIP, and I loaded as appropriate.

Seplat has done +80% YTD
Aradel has done +197% YTD
TIP has done +109% YTD

but even as we stand, ...

Seplat's P/E is 25x thereabout
Aradel's P/E is roughly 14x - 15x thereabout
TIP's P/E is less than 5x.😊

TIP has operated quietly as a specialist contractor to the oil and gas industry, providing hazardous waste management, industrial cleaning, and decontamination services.

The company gradually positioned itself as a niche monopoly, and they benefit from rising regulatory and ESG pressure on oil and gas operators in Nigeria.

In short, they derive their value from the oil & gas sector (like a complementary demand). And when you think about how local/indigenous oil players want to prove they are as good (and as compliant) as the IOCs, TIP's services are one way to show it.

I see TIP that enjoys the value that oil & gas lads enjoy, but is not entirely exposed to their risk (and that sounds like complete value to me). The idea is that although they majorly do oil waste, they are expanding their focus into other industrial waste (and it was the reason they raised equity capital).

Revenue trend:
FY 2025: +151% y/y
FY 2024: +152% y/y
FY 2023: +120% y/y
FY 2022: +152% y/y

And so far in FY 2026, I am seeing +197% revenue growth y/y.

The balance sheet is so clean, especially considering the industry they are in. The only eyebrow is the receivables typical of such business, but right now, the oil & gas lads are flush with cash.

Return on invested capital (ROIC) looks like 90%, and return on equity (ROE) looks like 67%, on a near-zero debt.

Damn.

[Wolf of NGX @ngx_wolf]

I'll gladly do so.

I started this investing journey in
May 2024 with only 40k. I added about about 40-50k more, ending 2024 with 115k thanks to decent returns.

In 2025 I added only 20k from January to May (wasn't earning at the time) but the portfolio grew to ~190k by June. Then I woke up to the promise and started pushing more money into the portfolio.

My birthday in July gave me quite the windfall 70% of which entered my portfolio to buy some the winners I now hold.

After this, I had some big expenses to cover so I went back to 10k per month, then 15k, then 30k. By December, I did "13th month investing" and added a bonus (75k). In the same month, I re-entered Zenith (up 100% since then). Ended 2025 with 600k.

By this point, I'd seriously improved my earning capacity, as while expenses remained (as a young person starting out life), I made it a habit to add to my portfolio.

In January 209k invested, 100k in February, 100k in March. It's been consistent, and the portfolio has been growing, and more importantly, I've been learning so much about the market.

Now I'm up about 70-80% in my portfolio, meaning that I've gotten over 800k for the 1m+ invested. It's better than nothing, and I now have the habit, so the investment will grow with the income.

The annoying thing is that people give up as though you can't do both. I'm currently working 3 jobs, growing my income as I build investments habits and skill.

All of my monthly portfolio updates are available on this page dating back to September when I started this account.

I really hope people abandon this narrative. As I said earlier, we have a lot of work to do.

Now I have to rush to court, I have two matters this morning.

[IYO @worldsalt3]

@Mhoyemi @khalidisit honestly, rents alone are already pricing for milion

[IYO @worldsalt3]

@Mhoyemi @khalidisit 😂

[IYO @worldsalt3]

@khalidisit You Dey panic😂?

[IYO @worldsalt3]

@ngx_wolf Told a friend yesterday, DCA Opportunity.

[IYO @worldsalt3]

Spot on!

[Olumide Adesina @olumidecapital]

The lifestyle of the political elite is not aligned with 🇳🇬 present economic output and that makes market reforms unsellable at the micro level

[IYO @worldsalt3]

I’ve been lying to myself that I understand, just to keep on watching it.😅

[certified lover girl💫 @chelseyfranciss]

Bro I don’t understand jjk season 3

[IYO @worldsalt3]

@zubby_A Don’t try to put it on immediately, hope still fit dey.

[khalid @khalidisit]

This new server is insane "agbero"...
Some people are still debating frameworks…
others are quietly shipping infrastructure.

https://t.co/C64X805T3C

[IYO @worldsalt3]

@Krypto_nation @PeteAyodele1

[IYO @worldsalt3]

@IamSolomonOla That defense was solid

[IYO @worldsalt3]

@in_VINCE_sible 😅

[IYO @worldsalt3]

@Teeniiola @damilolaunravel @in_VINCE_sible @khalidisit 😂

[IYO @worldsalt3]

@in_VINCE_sible 😂