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Ogbaga Thomas Arinze
Ogbaga Thomas Arinze
Asked: April 24, 20262026-04-24T09:25:52+00:00 2026-04-24T09:25:52+00:00In: INVESTING & WEALTH BUILDING

1. What is the best time to buy MTN Nigeria shares on the NGX for maximum returns?

1. What is the best time to buy MTN Nigeria shares on the NGX for maximum returns?
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  1. Ochoyoda
    Ochoyoda Intermediate
    2026-04-24T09:50:30+00:00Added an answer on April 24, 2026 at 9:50 am

    The “best time” to buy shares of MTN Nigeria Communications is not about the clock or day—it’s about price, timing, and strategy. Let me break it down in a way you can actually use. 📊 First: Know where MTN is right now Recent price: about ₦735 – ₦819 per share 52-week range: ₦239 → ₦819 (very strongRead more

    The “best time” to buy shares of MTN Nigeria Communications is not about the clock or day—it’s about price, timing, and strategy.
    Let me break it down in a way you can actually use.
    📊 First: Know where MTN is right now
    Recent price: about ₦735 – ₦819 per share
    52-week range: ₦239 → ₦819 (very strong growth)
    Dividend: about ₦30 per share yearly (~4% yield)
    👉 Translation:
    MTN has already risen a lot, so timing matters.
    🎯 Best times to buy MTN shares (practical strategy)
    ✅ 1. Buy during price pullbacks (VERY IMPORTANT)
    Do NOT chase when price is rising fast.
    👉 Best time:
    When price drops 5%–15% from recent high
    Example:
    If it’s ₦800 → good entry may be ₦680–₦750
    Why?
    Stocks don’t go up straight—they rise, pull back, then rise again
    ✅ 2. Buy before dividend qualification date
    MTN pays dividends regularly.
    Last ex-dividend date: April 9, 2026
    👉 Strategy:
    Buy before ex-dividend date
    Hold → receive dividend
    BUT:
    Price usually drops slightly after dividend
    ✅ 3. Buy when market is quiet (not hype period)
    Avoid buying when:
    Everyone is talking about MTN
    Price is hitting new highs
    Example:
    It recently hit highs above ₦700+ and even ₦800+ �
    Moneycentral +1
    👉 Smart investors:
    Wait for cool-off period
    Then enter
    ✅ 4. Use “gradual buying” (BEST for beginners)
    Instead of:
    Putting ₦200k once
    Do:
    ₦50k today
    ₦50k if price drops
    ₦50k next month
    👉 This is called averaging—reduces risk.
    ❌ Worst time to buy MTN
    Avoid buying when:
    Price is at all-time high
    Market is very excited (FOMO)
    You feel “I will miss out”
    👉 That’s when many beginners lose money.
    🧠 My honest view (based on current data)
    MTN is:
    ✔ Strong company (huge revenue growth)
    ✔ Market leader
    ✔ Good for long-term
    BUT:
    ⚠ Already expensive after big rally
    ⚠ Better entries usually come after dips
    📌 Simple rule you can follow
    “Buy MTN when it drops, not when it is trending.”

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