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If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market - Investment (2) - Nairaland 4b1l36

If You Invested ₦1,000,000 On 30 May 2023 In The Nigerian Stock Market (27788 Views)

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do4luv14(m): 12:04pm On Jun 03
abc115:

No... don't invest, keep your money in your pocket. Devalued against what?

Pls how can I start, will like to start small and grow with it

1 Like 1 Share

adioolayi(m): 12:04pm On Jun 03
motymop:
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



No matter how we clarify this...one thing is clear.. people actually made huge profits..even from what you analysed.

Include devaluation of Naira..still massive profits

5 Likes

Factcheck0001: 12:06pm On Jun 03
Elose11:

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?
any document to back that up or u just another online lie from our favourite online billionaire's

3 Likes 1 Share

Celestialsword: 12:08pm On Jun 03
motymop:
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

What is the percentage increase in the shares of Transcorp stock from 2023 to date
Taich(m): 12:09pm On Jun 03
QuinQ:


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?

That’s the “fugazie” economics, Nigeria import increase x3 in 2024 when counted in Naira but almost x 0.5 will counted in dollars. 😂😂😂
abc115: 12:10pm On Jun 03
QuinQ:


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
Dollars? What about Pound, Euro and other currencies?

1 Like

bluebay(m): 12:10pm On Jun 03
QuinQ:


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





Gbagbammmm.
mikeapollo: 12:11pm On Jun 03
peleson1:


What are the steps to invest in the nigeria stock exchange?

This is the basic, key thing that you must do: get interested in the affairs and performance of companies listed in the stocks market e.g. financial s, newspaper, TV reports etc. This is important if you want to do well with your investments.

I have not tested the new online procedures, but these are the old-fashioned, manual procedures years back:
1. Open a stock-broking with a reputable, licensed stock-broking firm. The will be used by the firm to trade on your behalf. All your deposits and trades will be posted into that .
2. The stock broking firm will also facilitate the opening of a unique CSCS online for you, with name and which the CSCS will send to you directly. You can use this CSCS to monitor your trades and portfolio. Some stock brokers have real-time trading platforms that you can use to monitor your trades and portfolio as well.
3. The stock market is a long term project and requires great patience and monitoring of your investments. It is not ''cash-and-carry'' or ''kalo-kalo''. It is not like ''Baba Ijebu''.
5. a platform, e.g. this NSEMPA platform where you can read good and useful discussions about various companies on the NGX
4. Start with some small amount of money that you can afford to set aside for a very long time, or even lose in the worst case scenario.
5.Some companies, especially the banks, pay regular dividends. You may start from the banks to understand and feel how the dividend works out, or any other companies of your choice.
6. You can then increase your investments as time goes on and you understand the antics of the market.

2 Likes 1 Share

bluebay(m): 12:11pm On Jun 03
abc115:
President Bola Tinubu.....

Nor make me laugh Abeg
bluebay(m): 12:12pm On Jun 03
If thia is true, then why are other companies struggling and folding up?

3 Likes

abc115: 12:14pm On Jun 03
bluebay:
If thia is true, then why are other companies struggling and folding up?
Name one

1 Like

FreeStuffsNG: 12:14pm On Jun 03
Monster returns! The naysayers were feasting on the negatives

1 Like

MrBroke(m): 12:15pm On Jun 03
Elose11:

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?

grin grin
99thEnemy(m): 12:16pm On Jun 03
richiemcgold:
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
We have been waiting.
updatechange(m): 12:18pm On Jun 03
No dangote?
MrBroke(m): 12:18pm On Jun 03
Elose11:

At the beginning of 2025, Transcorp rebased 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,

You know the market Sir. I just lost all my investment on a penny US stock cause of the same stock split.

2 Likes

Ritchiee: 12:21pm On Jun 03
QuinQ:
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




lol
So you believe faceless wailers against credible data from credible companies, ehn?
QuinQ: 12:21pm On Jun 03
abc115:

Dollars? What about Pound, Euro and other currencies?

Dollar is the standard, the reserve currency of the world. But Naira was devalued against ALL currencies

3 Likes

uvie66: 12:21pm On Jun 03
....Can anybody help me, I bought 2000 Fidelity bank shares at 50k, how much is it worth now?
gulfer: 12:21pm On Jun 03
APC trying everything and everyway to justify two years of locust that has eaten up everything gained since Nigeria returned to democracy in 1999 undecided undecided undecided undecided

4 Likes

lionphil(m): 12:24pm On Jun 03
peleson1:


What are the steps to invest in the nigeria stock exchange?

With the dwindling economy and companies running out of Nigeria. With the way the government keeps taking money from everyone, you still want to invest in this failing country? You will cry blood! So someone comes up with this charade and you want to jump into it. You will cry I swear!

5 Likes

Kobicove(m): 12:25pm On Jun 03
I don't believe these figures undecided

3 Likes

DenreleDave(m): 12:27pm On Jun 03
muyico:
I no understand
U value it in naira not Dollar 💰
Let us know d dollars value??
Na dollars u dey use but àkàrà?

1 Like

Omonigeriarere: 12:27pm On Jun 03
peleson1:


What are the steps to invest in the nigeria stock exchange?

Just an I-invest app. Simple.

2 Likes

Kobicove(m): 12:27pm On Jun 03
uvie66:
....Can anybody help me, I bought 2000 Fidelity bank shares at 50k, how much is it worth now?

Multiply the number of units you have which is 2,000 by the current price of each unit of Fidelity Bank shares then you will get the current total worth

2 Likes

pocohantas(f): 12:30pm On Jun 03
This one wants to chop Nazgul's money.
Thank God Naz done go buy Tbills. E no wan hear story this time.

5 Likes 1 Share

JuanDeDios: 12:31pm On Jun 03
motymop:
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

1 Like

JuanDeDios: 12:33pm On Jun 03
peleson1:


What are the steps to invest in the nigeria stock exchange?
You can walk into any STOCK BROEKR'S OFFICE and they'll walk you through. Don't talk to anyone on the streets.
osuulola(m): 12:34pm On Jun 03
If you changed your million naira into cedis in May 2023 and changed it back to naira now, you'd make more money than any of these stocks.

3 Likes

Olufemiolaolu(m): 12:34pm On Jun 03
The value of TransCorp shares is a blatant lie. I bought somes shares there as far back as year 2007 at the rate of #7.50 per share. Fast forward to to 2025 it's worth less than 50 kobo. Buying shares in some companies in Nigeria is an exercise in futility.

2 Likes

JuanDeDios: 12:37pm On Jun 03
do4luv14:


Pls how can I start, will like to start small and grow with it
Walk into a STOCKBROKER'S OFFICE and they'll walk you through. Don't talk to anyone on the streets.

1 Like

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