crazyT:

@ Temmie, Easimoni and wanajo and others who contributed one way or the other to my LASACO question



Big Thanks to you all!!!

I think from the way Easimoni has drummed the idea into my head I'll still hold on to it.

I bought about 200k units @ 1.80 about 2 months ago (or thereabout), so if it goes to 15 Naira (before November) the way Easimoni put it; Na im bi say I don hit jackpot bi that o

Rob-roy:

@ all,
What dyu all think about the idea of purchasing some Nairas ahead of the anticipated increase in worth/value?

Nicklee:

Y'all
Something doesn't add up here.

NBA's attachment purportedly to be from ARM is actually a subsection from the CSL report uploaded by Omoba3.

So, Is ARM and CSL ( or whoever authored the analysis) in some connivance in this issue?

easimoni:

NBA, the quote you have is an excerpt from the report that Omoba has posted.

polonet:

hello all,

I am new, i sent my M&B certificate for verification in May this year and till date my stockbroker says cscs is yet to finish verification and listing, is this normal and what can i do.

thanks

easimoni:

NBA, the quote you have is an excerpt from the report that Omoba has posted.

All, read the report. Interesting accusation. CSL (I think an FCMB subsidiary) has since fired the analyst who wrote the report.

@ valhalla, really don't know much about sterling trust and asset managers, but if u are going into a loan of 1 million, i hope your knowledge of fundamentals are good because the interest rate might be high.
what r the loan conditions?

shigidi:

oga wanajo, when our beloved wema go release result its getting frustrating.

valhalla:

@ Shigidi

they are asking for 19.5 percent p.a interest and 3.5% management fee per quatre. I am trying to get them to 17% interest p.a and 3% one time.

I'm expected to provide 30% of the N1 million. I intend to use all the money to invest in stocks on the secondary market. I have some shares that i have bought over time but i need this kind of facility to really go into stocks fully.

I have a similar offer from Oceanic bank, with the conditions above. which really is better?

Thanks Shigidi. Please would other gurus please respond??

I also hope that you are VERY KNOWLEDGEABLE about the market. Don't expect the bullish run to continue. If there is a correction, you may likely lose your 30% contribution. All that glitters is not gold!

shigidi:

koksie boy, first of all, what exactly are u looking for. is it long term investment or short term of 6months? u have invested very well so far in first bank, oceanic and skye, but these are all long term because u wont get your certificates for some time(put a year in mind). if u ask me, the 1m u have now should be put in stocks u can get in the secondary market(from the floor) because uve already tied down quite a lot of money.
for long term gains, go for intercontinental , oceanic(from floor), c&i leasinng, and maybe insurance stocks like wapic, crusader.
u should get some good gains out of those.
good luck

koksieboy:

@Shigidi,

thanks for your response. I'm looking at short term investment for now. What do you recommend? I also intend to have more funds to invest later in the year. Please reply
ASAP. Do you know anything about Amyn Investment (Stockbroker)?

@Wanajo, frankiriri, easimoni
Still waiting for your wise opinions

shigidi:

koksie boy, one very important thing ive learnt on nairaland is there is no investment with at least six month time frame, there should be no rush in trading stocks.
the best i can say for short term is wema bank, oceanic, and crusader or mbenefit on the insurance side.
mbenefit still has to release their half year result and it should be impressive

wanaj0:

Stockmarket is good for longterm investment. I don't invest in the capital market for taht your timeframe.

shigidi:

koksie boy, one very important thing ive learnt on nairaland is there is no investment with at least six month time frame, there should be no rush in trading stocks.
the best i can say for short term is wema bank, oceanic, and crusader or mbenefit on the insurance side.
mbenefit still has to release their half year result and it should be impressive

shigidi:

koksie boy, if thats the case then intercontinental, oceanic, mbenefits, wapic, crusader, japaul, the list is endless for 1 year return. u should get at least 40% on any of those in 1 year, its good to see uve already programmed your mind to a year, when i first came here i was looking for three months

shigidi:

koksie boy, if thats the case then intercontinental, oceanic, mbenefits, wapic, crusader, japaul, the list is endless for 1 year return. u should get at least 40% on any of those in 1 year, its good to see uve already programmed your mind to a year, when i first came here i was looking for three months