NewStats: 3,263,305 , 8,179,727 topics. Date: Thursday, 05 June 2025 at 12:50 PM 405h6x6n613r |
If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market (27585 Views)
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abc115: 12:31am On Jun 03 |
If you invested ₦1,000,000 on 30 May 2023 in the Nigerian stock market, this is what it is after 2 years.... https://x.com/StatiSense/status/1929618649134125349?t=zVOZVGOKpA3CaTERj_q4wQ&s=19 25 Likes 2 Shares |
abc115: 12:32am On Jun 03 |
President Bola Tinubu.....
66 Likes 6 Shares |
QuinQ: 12:38am On Jun 03 |
But Naira got devalued at that point na. How about all the investors that lost money and companies that folded and left Nigeria or went out of biz? Besides, these numbers are fudged. See below Elose11: motymop: 105 Likes 12 Shares |
Seefinish: 12:50am On Jun 03 |
QuinQ:na Obi according to Agbadoians 36 Likes 5 Shares |
abc115: 8:17am On Jun 03 |
QuinQ:No... don't invest, keep your money in your pocket. 69 Likes 4 Shares |
abc115: 8:19am On Jun 03 |
QuinQ:No... don't invest, keep your money in your pocket. Devalued against what? 45 Likes 1 Share |
Sibrah: 8:23am On Jun 03 |
abc115:Nonsense. What about those who left out of frustration? Off course the available capital will go towards those left behind and then the Naira was devalued to bloat that. 9 Likes |
olaolaking: 8:52am On Jun 03 |
Sibrah:Unserious element. Because people get accident in Lagos Ibadan expressway is the reason you won't travel abi? Stay there and be eating your complain. While reasonable people are seeing OPPORTUNITIES, all you see is complain 14 Likes 1 Share |
Curious345: 9:04am On Jun 03 |
Is this profit ?
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motymop: 9:12am On Jun 03 |
These returns are lies. They are built on perception rather than truth. The problem with this data is that they didn't say the price, they bought and sold. They presented the data as if stocks is like a money doubling scheme where as there are other companies that did very poor. In 2023, the lowest price of transcorp stock was N3.19, it highest was N19.20 If you put 1m at N3.19 that is 313.5k shares If you put 1m at N19.20, you will get 52k shares In 2025,, the lowest price of transcorp stock was NGN 42.90 and the highest is N43 If you sell, 313.5k shares at 42.90, you will make N13.4m but your profit is 12.4m If you sell 52k shares at N43, you will make 2.2M but your profit will just be N1.2M So your profit depends on the amount of shares you have, the price you bought it and the price you sold it 107 Likes 14 Shares |
VOLTAGE420: 9:25am On Jun 03 |
Op explain better, its that the ROI after the 2 years or the company gain . Throw more light
3 Likes |
Elose11(m): 9:48am On Jun 03 |
abc115:Lies from the pit of hell. My shares in Transcorp was worth N14,5m in April 2023. Its it N10.75m today. A huge decrease. so how can one invest 1m in the same Transcorp and expect to get N13.5m today? 38 Likes 2 Shares |
richiemcgold: 9:58am On Jun 03 |
I'm somehow sceptical about the quoted figures of Infinity Trust Mortgage Bank. Need to check my files first, I want to compare and do some calculations. BRB
3 Likes |
Elose11(m): 9:59am On Jun 03 |
motymop:In the last quarter of 2024, Transcorp reconstructed their shares by dividing the shares by four. The technicalities involved in this I cannot explain as i am not an economist. But if your shares was 1m before, it will come down to 250,000. So by your analysis, the 313.5k shares had come down to 78.25k. by the time you multiply that by the current share price of N43, you will get N3.37m, not N13.4m, 22 Likes 3 Shares |
peleson1: 10:13am On Jun 03 |
abc115: I don't understand Are you saying if one invested in any of these companies 1m ,by now it will be the money listed here? 3 Likes |
peleson1: 10:14am On Jun 03 |
abc115: What are the steps to invest in the nigeria stock exchange? 1 Like |
abc115: 10:42am On Jun 03 |
peleson1:Get a Stockbroker 25 Likes |
saysoo: 11:05am On Jun 03 |
peleson1:Those are traps to get people like you. Run when you can. 23 Likes 1 Share |
helinues: 11:08am On Jun 03 |
Toh Government no dey put food on masses table but their policies can 25 Likes |
motymop: 11:11am On Jun 03 |
Elose11: What price did you buy it? If you buy it at a lower price, you are still in profit even if it falls but of you buy at the top, obviously, you will be at loss if price falls shares are not meant to hold for long, you buy at the low and sell at high for profit, repeat the process, that is how people make money.. you also have to calculate fees too 4 Likes 2 Shares |
SusanOpeyemi(f): 11:15am On Jun 03 |
helinues:What do you do for a living that put food on your table? 14 Likes 1 Share |
motymop: 11:18am On Jun 03 |
Elose11: rebasement does not mean you lose the price value Before rebase: if i had 313,500 shares at, say, ₦10.75 = ₦3.37M After rebase (÷4): now i will have 78,375 shares at ₦43 = ₦3.37M 15 Likes 4 Shares |
QuinQ: 11:36am On Jun 03 |
abc115: Devalued against the dollar. Dollar was 300 plus, now it is 1600 plus. Besides, more people lost money in the stock market. This is like talking only about people who won lottery but not people who lost 10 Likes |
QuinQ: 11:43am On Jun 03 |
motymop: Plus capital gains tax, net investment tax, state and local taxes 6 Likes 2 Shares |
muyico(m): 11:59am On Jun 03 |
I no understand U value it in naira not Dollar 💰 Let us know d dollars value?? 7 Likes 1 Share |
Houseofglam7(f): 11:59am On Jun 03 |
👏🏼
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adioolayi(m): 12:01pm On Jun 03 |
Aje o
1 Like |
epainos: 12:01pm On Jun 03 |
Lol A very funny thread. Just look at how they are promoting the Nigerian stock market. I'll rather go into futures or forex trading using higher investment technique. Will rather put the money in bitcoin and hold for minimum of 1 year. Imagine promoting stocks like this. It's good to be financially educated. Chai! 10 Likes 1 Share |
Ewedegubbler: 12:01pm On Jun 03 |
I invested $10k into fartcoin at $1m market Cap. I have taken out $900k out of it and left a moonbag. Make Una Dey play 8 Likes 1 Share |
ClearFlair: 12:01pm On Jun 03 |
But things are more expensive now, so what can the money do
2 Likes |
kenny714433(m): 12:01pm On Jun 03 |
![]() If you'd invested 1 million the same year in BTC, at $30k, BTC is now $110k. Do the maths yourself 10 Likes 2 Shares |
adioolayi(m): 12:01pm On Jun 03 |
muyico: Value it pounds... irrespective...that's massive profit 1 Like |
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China To Invest $250 Million On Ibadan Dry Port (photo)
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