₦2 million could have turned into ₦115.9 million. see how

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That's another problem with some of all this stocks, using Geregu as example, I bought at 246 naria and can't sell them even at 1k per share
With stocks like this, you sell when others are buying.

I think you have been selling when others are also selling.

That's why understanding a company and its stock matter as well.
 
Yes, NAHCO shows that patience really pays. The hard part isn’t selling, it’s not selling too early. Who else could hold a stock like this for six years?
Even
Yes, NAHCO shows that patience really pays. The hard part isn’t selling, it’s not selling too early. Who else could hold a stock like this for six years?
You're right about "patience" and "not selling too eariy"
 
That is the ₦115.9 Million question, @LagosPolice! To answer the Admin: Absolutely, yes. NAHCO is a highly liquid 'Tier-2' blue-chip in the services sector. With the ₦10 Trillion liquidity surge we are expecting tomorrow, finding buyers for a ₦115M position wouldn't be the problem—the real challenge would have been the Psychological Discipline to not sell when it hit ₦20, ₦50, or ₦100! Most people 'shake' when they see a 100% gain; holding for a 5,795% gain requires a 'Stoic' mindset that ignores the weekend 'accumulators' and focuses on the fact that NAHCO handles nearly 70% of foreign airlines in Nigeria. The business grew, so the stock followed. Who here has the 'Steel Nerves' to hold a winner for 6 years?
i definitely won't hold a stock that long, atleast not yet
 
Great points being raised here! @Vicole, your experience with Geregu is a classic lesson in the difference between 'Market Cap' and 'Float.' Unlike Geregu, which has a very tight closely-held structure, NAHCO is a different beast—it has a much broader public float and high daily transaction volume. Selling ₦115M of NAHCO wouldn't crash the price because institutional buyers are always looking for entry into the aviation handling sector. Especially today, with ₦10 Trillion entering the system, 'Tier-2' gems with actual business moats (like 70% of foreign airline handling) are exactly where that money will go. Liquidity follows value!
 
Hmmm...And another twist to it is there are some fundamentally strong stocks that are viable at that time too that may not have given much capital appreciation to their investors.
 
Great points being raised here! @Vicole, your experience with Geregu is a classic lesson in the difference between 'Market Cap' and 'Float.' Unlike Geregu, which has a very tight closely-held structure, NAHCO is a different beast—it has a much broader public float and high daily transaction volume. Selling ₦115M of NAHCO wouldn't crash the price because institutional buyers are always looking for entry into the aviation handling sector. Especially today, with ₦10 Trillion entering the system, 'Tier-2' gems with actual business moats (like 70% of foreign airline handling) are exactly where that money will go. Liquidity follows value!
Yeah... The company has a strong business moat that attracts long-term investors.
 
Hmmm...And another twist to it is there are some fundamentally strong stocks that are viable at that time too that may not have given much capital appreciation to their investors.
Yes... A stock can be a fundamentally solid one but it doesn't mean it's a growth compounder like NAHCO
 
The question remains, who would have known that it will pick and how many of us would have had the patience to still hold on till now?

I recall seeing this very stock at 37naira in Dec 2024 and here we are.

So I would say, the real move occurred between last year and now
good question, when Transcorp happeneed it was just cos we forgot to sell it and it did well lol. so maybe people should just have money they dont need and hope for luck .