arduino:
Abeg those on Trove and Chaka platforms, what their FX conversion rate like?
Bamboo is quoting N449.45/$ this morning.

OakPearl:


Trove is showing N461.30/$ now.
I think it fluctuates over some periods.

zamirikpo:


Hope uu won't vex the day he will loose ooh.

Cos u can't win all the time.

arduino:


That's on the high side na

OakPearl:


Trove is showing N461.30/$ now.
I think it fluctuates over some periods.

OakPearl:


Honestly.
Now makes it look like ages when I made my last exchange at N360/$.
So even without a single trade from when I exchanged, I just made some money with this current rate of N461.3/$.
The more devalued the naira, the more money you make whether you trade or not.

ChybuzzDD:
Abeg, what does it really mean when a stock is gaining or losing during the "after hours" period?
Do transactions really go on during such period?
How is it different from the "pre-market" period?

NOVAVAX has been surging after their earning conference this evening in the "after-hours" period, and I don't know if that will reflect on the stock when the market opens again tomorrow.

OakPearl:


Honestly.
Now makes it look like ages when I made my last exchange at N360/$.
So even without a single trade from when I exchanged, I just made some money with this current rate of N461.3/$.
The more devalued the naira, the more money you make whether you trade or not.

Jimmy17:

Hope you made money from this stock?

ChybuzzDD:


I'm still observing and enjoying the oscillations, brother.

Bought at $23.66, and want to sell at , at least, $45(I don swear for them)..

afroxyz:
Please how long does Trove take to verify profile details? Mine has been ongoing since last week

OakPearl:
This Week's Earnings Announcements

Monday, May 11:
Amcor plc (AMCR), Ameren Corp (AEE), Cable One Inc (CABO), Cardinal Health Inc (CAH), Datadog (DDOG), Ecopetrol SA (EC), Energy Transfer LP Unit (ET), Entergy Co. (ETR), ICICI Bank Ltd (IBN), International Flavors & Fragrances Inc (IFF), Marriott International Inc (MAR), Simon Property Group Inc (SPG), Tencent Music Entertainment Group - (TME), Zimmer Biomet Holdings Inc (ZBH),

Tuesday, May 12:
Alcon AG (ALC), Allergan plc (AGN), BioNTech SE (BNTX), Duke Energy Corp (DUK), Honda Motor Co Ltd (HMC), ORIX Co. (IX), Takeda Pharmaceutical Co Ltd (TAK), Vodafone Group Plc (VOD), XP Inc. (XP),

Wednesday, May 13:
Cisco Systems, Inc. (CSCO), Sony Corp (SNE), Steris PLC (STE), Toyota Motor Corp (TM),

Thursday, May 14:
Applied Materials, Inc. (AMAT), Beigene Ltd (BGNE), Brookfield Asset Management Inc (BAM), Coca-Cola European Partners PLC (CCEP), Nice Ltd (NICE), NortonLifeLock Inc. (NLOK), PETROLEO BRASIL/ADR (PBR), Suzano S.A. (SUZ),

Friday, May 15:
JD.Com Inc (JD), VF Corp (VFC),

abuabdullah:


Do you understand this message from Trove - "We previously used a median rate to calculate your Naira portfolio value. However, you all said the Naira exchange rate at withdrawal is more reflective of the true value of your portfolio. The algorithm has been adjusted and now calculates your portfolio in Naira using that metric instead. Please Note:This does not affect the dollar value of your wallet"

gamaliel9:


No need going to Mallam...just wait a bit...exchanging to dollar and then exchanging back to Naira when it rises..

ChybuzzDD:
Abeg, what does it really mean when a stock is gaining or losing during the "after hours" period?
Do transactions really go on during such period?
How is it different from the "pre-market" period?

NOVAVAX has been surging after their earning conference this evening in the "after-hours" period, and I don't know if that will reflect on the stock when the market opens again tomorrow.

lafuria1:


I bought data dog from this list.

Your effort well appreciated.

OakPearl:


I celebrate your win bro.
You are 20% up today already that's $11.15/share gain!

OakPearl:


I celebrate your win bro.
You are 20% up today already that's $11.15/share gain!

abuabdullah:


Call customer care

ChybuzzDD:


I'm still observing and enjoying the oscillations, brother.

Bought at $23.66, and want to sell at , at least, $45(I don swear for them)..

afroxyz:


Can't seem to get their number from the app?

Alaska90:


Please I am still waiting for your answer...

Alaska90:



Hello OakPearl

Please what's your top ten US shares?

OakPearl:


Yes.
I got the message too.
Before now, portfolio valuation on the app's dashboard was still reflecting the previous exchange rate which is lower, but during withdrawal, it reflects the current exchange thereby giving a higher naira value.

Their message means they have adjusted the system's algorithm to also reflect the current naira equivalent when you are viewing your portfolio valuation on the dashboard.

seyisanya:
This stock nah blood money...lol. It sold for less than $4 just in January. Now $44.53! Wow!! Enjoy the ride, boss.

OakPearl:


Bro, hope you bought this play?
It's up 62% today alone!
Thunder bolt!!!

abuabdullah:


Thanks for the explanation.
Trove needs to do more on disparity in FX rate during deposit and withdrawal. As at today, FX rate for deposit is N461, but for withdrawal is N434. Hence, investors will loose N28/$ if you withdraw. However, diff btw buying and selling in parallel market is N15.

ChybuzzDD:


I'm telling you!
I keep raising my target as it keeps soaring.
May wait to sell at $50, instead of my initial target of $45.