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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 8:27pm On May 05

unite4real:
My Zenith bank dividend came in but not complete.

I wonder who else experienced this

Mine is very complet. Hope u discount witholding tax

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 5:12pm On May 05

gabscity:
Wow... I still dey wait.

I think they usually pay bank by bank starting with Zenith bank acxounts first. I got mine since morning immediately after the meeting. Dont worry ura will come

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 11:48am On Apr 29, 2025

Yes, I received dividend on the right issue I bought last year as well. Though, my shares has been credited into my portfolio since.

Pete002:
Sorry, those who bought the public offer last year are qualified to get this dividend too, even though the share has yet to be credited. to their trading account?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 11:01am On Apr 29, 2025

Zenith alert landed in my Zenith Acct. Thank God

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 8:06am On Feb 03, 2025

Please when did they credit your Zenith shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 2:53pm On Sep 20, 2024

dapix:
Who has received Zenith bank interim dividend?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 9:42am On Sep 05, 2024

I only happen to follow the leads here on this thread oo and not anything of my intellect. Let just say I only gambled and it worked.

Raider76:
How do you plan the timing of your buying? Are just going to buy today or wait in case it drops further?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 7:16am On Sep 05, 2024

After ystday 10percent drop, am still up 330 percent in O&O, thank God I got it early, thinking of buying more as I only bow very few before

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 12:48pm On Aug 23, 2024

Seriously, are you a financial analyst offline by profession or You just pick this on the street?[ Seriously, I hope she will one day become our own naija 'Cathie wood" if she is not already]

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 3:04pm On Jul 02, 2021

eddyakinrinde:
Thanks I will do so right away. Hope my broker will execute fast as well before it comes furhter down.

yMcy56:
Lock in your profit and wait maybe another Bonanza will show......

Some guys have insider info and usually act before it's made public......sometimes they mis-interpete the info and act in opposite direction........why risk takers sometimes benefit from their mis-information/haste/dumping sometimes............ ESPECIALLY if the price @ which they're dumping is at low/ risk-free region.

Lol. Dont mind me..........hope you made use of, or will make use of Jaiz bonanza @55k or below too........

UPDATE, after placing my LIMIT sell order at 0.66 for the whole units, my broker still dey waste time, just like 2minutes before close of market Wema has don reach 0.74. am now 32% up, but am even trying to cancel my order, it was showing error. I just hope they have not executed it yet.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 11:39am On Jul 02, 2021

yMcy56:
Lock in your profit and wait maybe another Bonanza will show......

Some guys have insider info and usually act before it's made public......sometimes they mis-interpete the info and act in opposite direction........why risk takers sometimes benefit from their mis-information/haste/dumping sometimes............ ESPECIALLY if the price @ which they're dumping is at low/ risk-free region.

Lol. Dont mind me..........hope you made use of, or will make use of Jaiz bonanza @55k or below too........

Thanks I will do so right away. Hope my broker will execute fast as well before it comes furhter down.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 10:03am On Jul 02, 2021

yMcy56:
WEMA
Hope some Nsempas keyed into Wema @55k when we were shouting it here....
Sighted @64k....

LINKASSURE
Sighted @ 92k......another +10%

PORTPAINT
Now on full suspension for Merger with CAP to take effect.....

GTCO
Heavy cross deals @29.95.......

**Cautious and retail trading witnessed generally in the market........so far.....

Glad to have picked 850,000 units ofWEMA @ 0.56 just 21st of last month. Am up 23% now. Pls I don't know if It can still go up furhter or I shud kill it now. Advice seriously needed. Thank you

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 12:22pm On Jun 26, 2021

I used to think stock prices on NGX are determined by amount of bid and offer prices of each stock. That is to say forces of demand and supply so to say. But, pls elders here, who can explain why prices of a stock (sterling specifically), for the past 1 month, will open at 1.56 or 1.57 and like 2 mins to close of trading will move to 1.60 or 1.61. I ve been watching Sterling and Wema since like a month now. They both have same behaviour. I just assume and conclude now that a hand is just influencing the prices to allow people to move to the stock early in the day and prevent them from selling at close day. My observation.

Investment › Re: Us Stocks Pick Alert by eddyakinrinde(m): 5:45pm On Jun 02, 2021

Amc Amc Amc.
People I'm having high BP now cos of AMC oo.
Bought at $15, bought more units at 30, Sold all at 27, there were some gains though with mixed feelings. But only to enter with tasere again at 31, currently it's at 51. Just mixed feelings. Should have loaded more. Everywhere green green green. Blackberry, Amc, pltr, Sava etc

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 1:49pm On Apr 29, 2021

Pls which other app or site is like "infoware app" that shows live updates and trading charts? Any suggestions house.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 9:24pm On Apr 24, 2021

yMcy56:
Mansard is not even supposed to be selling below N1 in the first place......
BUT, there's a share reconstruction phase coming in form of 4:1, this phase is still awaiting regulatory approval, reason it's delaying till now and MANSARD is still trading lower.
We've discussed this issue extensively here before.
Mansard lovers and long termers are picking .........but picking @ much lower price......observed from 90kobo downwards.
Hope I answered you in my own little way.

** Not an advice to buy or sell in my form**

Thank you for this

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 2:20pm On Apr 24, 2021

yMcy56:
Osita already answered .....with much grammar anyway. Lol.
"Share price adjustment for dividend" simply means deducting the declared dividend from the share price as at the date of markdown (next trading day after final qualification date).
It doesn't affect shareholders who doesn't sell immediately after markdown as such OR, who bought much cheaper......but may affect traders depending on cost price or market situation at the point/date of markdown.

For instance, Mansard closed at 90kobo before markdown on 22nd April.
Opened @85kobo on 23rd and still gained 0.05kobo on same day, to close back @90kobo.
All na investment risks. Nothing ventured, nothing gained.

Ok got the gist better now. Thanks @Osita and yMCY56.
@ Mercy do you see their (Mansard)share price going up in coming weeks or months, going by their Q1 result. Thank you.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 9:38am On Apr 24, 2021

ositadima1:
Also,

Stock market specialists will mark down the price of a stock on its ex-dividend date by the amount of the dividend. For example, if a stock trades at #50 per share and pays out a #0.25 dividend, the stock will be marked down to open at #49.75 per share.

This link with the caption - How Does the Stock Price Change When a Dividend Is Paid? :

https:// finance.zacks .com/stock-price-change-dividend-paid-3571.html

So does it mean in effect "you cant eat your cake and have it?" So if I collect dividend, I must pay for it through lowering share price?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 9:03am On Apr 24, 2021

Elders, pls what does "share price adjustment for dividends" mean and especially in the case of Mansard, and how does it affect shareholders. Please I need an explanation. Thank you

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by eddyakinrinde(m): 3:52pm On Apr 05, 2021

gabscity:
http://www.nse.com.ng/Financial_NewsDocs/32845_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_%20CORPORATE_ACTIO.pdf

Pls elders I need advice here - Is Mansard a good buy at current price of 1 naira going by their dividend declaration. Is it even 55k or 5k? I have some units and I bought at 99k since a month ago. Don't know if I should still accumulate both for short and long term gains. Thank you.

3 Likes

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 12:11pm On Dec 10, 2019

Hmnn! I wonder why people will just be dropping no's in haste like this just to join a WhatsApp group they know nothing about. Is that how leaning about investment works? Before u know it now people will bombard the stock market chats with all sorts of jokes, adverts and irrelevant stuffs.

3 Likes 1 Share

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 2:23pm On Dec 05, 2019

Ibrahim505:
My tbills through sibtc has matured today and still yet to see the Cr.

One of mine got matured today as well but through I-invest. Got their mail on the investment around 12:10am, by 6:30am I requested for withdrawal and I was surprised by some minutes after (not up to 15mins) I saw the credit alert on my phone.

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 8:20am On Dec 05, 2019

vexing:
Try the stock exchange market

Stock exchange me, my brother am still trying hard to understand the workings of the Nigerian stock exchange market o. I want something fixed, something that has certainty and that I can genuinely say this is my expectations on the yield.

3 Likes

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 8:48pm On Dec 01, 2019

Happy December everyone, the year has been a good one for me investmentwise I must say and also a tough one in some ways. From 6.3m as at beginning of the year, I have bn able to grow my tbill investment to total 11m and additional 1m maturing in January to total 12m. It was indeed a tough rough path leading to this as I have had to deny myself various luxuries this year and several things I closed my eyes to not buy. But it worth it all. The increment was made possible by putting additional fund each month and reinvestment. But I made sure everything mature by Dec.
So my fear now is going by the current downtrend in tbills rates I totally confused on what my next year investment plan would be. I have a food commodity business am into, the total money in the business is just around 3m. Definitely I will have to put more fund in the business from all this but cannot put all so I won't mismanage the money. Am just confused on how best to invest the rest in the new year.

17 Likes

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 9:06pm On Oct 30, 2019

https://nairametrics.com/2019/10/30/omo-ban-cbn-rejects-n432-billion-in-failed-treasury-bills-bid/

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 9:19pm On Oct 29, 2019

It's like people really turned to I invest app these past two days, they only have few(3) tenures left on the apps as at this evening.

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 3:14pm On Oct 28, 2019

Mills55:
I went to Stanbic this morning and I was told that there's no more secondary market. I tried to inquire, I was told that it's from CBN. that one can only place order for primary market only for now.

So much confusion, the banks sef are not clear on the directives from cbn.

1 Like

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 7:46pm On Oct 27, 2019

alezzy13:
Which is OMO TB?

How are Treasury Bills different from OMO?

T-Bills and OMO (Open Market Operation) are similar and work almost the same way. Whilst T-Bills are issued to finance government budget deficit, OMOs are issued by the CBN for monetary policy management i.e. to control the volume of money in circulation. OMOs are also discount instruments in that you get your interest upfront but they can also be bought in the primary and secondary market. Depending on the objective and aggressiveness of the CBN per time, it might be possible to get higher rate on OMOs than T-Bills. OMO is also exempted from taxes. OMOs are issued at irregular intervals.

(Copied from Afrinvest securities tbills FAQ)

7 Likes

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 11:25am On Oct 27, 2019

The attached for further information and clarification. Individuals are not barred from participating in NTB as said in some quarters;

2 Likes 1 Share

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 2:07pm On Oct 26, 2019

People just behave like kids sometimes in the guise of making argument. What will you gain from all these arguments back and forth now. I am just forcing myself to read thru the thread but pls am tired of this arguments. Let's talk tbills and and how it's going to affect our life positively.

6 Likes

Investment › Re: Treasury Bills In Nigeria by eddyakinrinde(m): 4:08pm On Sep 19, 2019

Barrytone:
It's worrisome when you have about 20 different transactions to follow up forgetting some maturity dates only to be reminded when capital is paid or interest is paid. Lumping them together mop up and creat space for newer investment. Limit fees you pay to the bank although negligible but every kobo counts.

20 different tbills u mean! That's a wow! It's even burdensome for me to manage 5 different tbills and am thinking already that I have to bundle them altogether by December. Although am also thinking of moving some to bond.
But talking of bond, is it advisable to split them or have just one?Thanks

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