₦airaland Forum

gosj: Thanks Sir! So no need to use my Profile name on the bank teller?

gosj: How do you make deposits into your account @ Meristem thro bank deposits? Do you pay in using your Meristem account number on the bank teller or your meristem profile name? Thanks!

feelamong: I have shares in a so called big and a small house....na the same thing..

Stockbrokers are generally lousy maily due to the way they are set up to operate...one man has to do the trading on the floor...

for me i jus try to find who the exact person that goes to the floor of the exchange is and make friends with him...once in a while arrange something for him from your loot..

once you win him on ur side he will go the extra mile for you! dazall!!

debostar: Cheap things are not always good.Morgan capital group my have dropped down their stockbroking fees,their services is absolutely rubbish compare to other stockbroking firm like meristem securities.They do not respond to emails or acknowledge your orders or mandate. If you are thinking of making a choice between morgan and meritrade,you better try meristem securities.
I am not canvassing for meritrade but I am using both at the moment.

miftpulse: I placed a mandate to have all my shares in transcorp sold since Monday but my stockbroker has been unsuccessful. please does anybody have a clue :-

9free: My Oga, I have been pondering on this for quite some time. I pray it does not happen but be that as it may I have decided that from March 2014 I start converting 70% of my Assets to cash(Dollars not Naira) just in case. I had also wanted to diversify into some Real Estate(Flipping of Land) but the thought and fear of the bolded scared the hell out of me.

timothy001: @Elai147 Let Assume 2015 the Country Split,How would this Affect Investment?

walcolm: If the country goes to war, your investment has to wait until peace returns. That could be any number of years
If the country splits as part of the peace returning, then you will have to approach the government of the country you go with as a citizen to redeem the investment
All in all there will be years of waiting with no guarantees

jposuagwu: My brother,

You are one of the people I have great respect for both here and on SMN. But am surprised the way you have been very bullish on Oando completing the COP deal Nov 30 without caution. I spoke with a Management staff of Oando (one of the few who are in the know about the COP deal) - even though he was non committal in his response (primarily because of he feared Toronto Stock Exchange may charge the coy for insider trading, he was not as bullish as you sound here about Nov 30 deadline. He was only bullish the deal will be concluded but not bullish about Nov 30. I understand Oando still has a window to extend the date of closure of the deal.

9free: Noted.

ucheson2: There is no need for panic sell your oando, the closure date for the cop deal has been extended to mid next year. Remember the year is about to end which means audited result is about to come oando will pay dividend. For meoo I still dey this bus, I'm not selling yet. Those that are selling well done. Let the price can come down the more to enable me load more and more, may be I will be able to acquire the volume I had earlier planed before cop is completed. Because it will be completed soon even before the closure date.

Moneysage: @Tassembly: u are very correct. GTBs internet banking spares the excess COT. And @qizick: which GTB branch accepts 100k? Even at that, do they allow u bid?

@Elai147: As 2015 approaches, what do you think about 364-day bills and the Nigerian political climate?

@Ikemefunam: I suggest you develop the courage to bid by urself. I have followed GTBs bid before and I wasn't satisfied with the rate I got.. BTW, it seems everyone is only talking about First bank. I have used Fidelity and their service is great.

collinsobinna: @oga elai:please be honest.from recent transactions,how long does first bank take to credit interest from Tbills exactly.and is their rate for primary bid same as others? Then the secondary from them,does it take time too for the interest to be credited?

Mpeace :
I was thinking of buying more of Oando, but from what I've seen from the above posts and current trend @ NSE it appears buying more @ this time could be a bad decision. Going by the current trend, the impression is that the COP deal may not be completed by 30th as earlier thought, how else do we explain the massive quest by most investors to offload their shares just a few days to the conclusion of the deal. Hmm I don dey fear o. Maybe I should also consider selling the little I have.

Odu-toda-iwa:
House, I find it very difficult to forgive myself. I sold 1,100,000Units of Transcorp at N18.00 some 3-4weeks back. The thing dey make me depressed as I dey calculate my loss everyday the price rises.

E be like say most stocks in my portfolio dey wait for me make I exit before they appreciate. I dey think say someone don swear for me because I used to be stubborn as a young boy.

ihedioramma: PLS GIVE ME THE TWO SITE U USE TO GET PRICE LIST EVERY DAY?

9free: My Oga, that is because you're investing in hundreds of thousands nah...... oya just think of the monies that Oga feelamong and Oga Elia who are investing in hundreds of millions and hundreds of billions respectively will be pocketing per annum.
Bros, my humble observation is that in the long run, TBills favours the very deep pocket investors more than any other class of investors.

henrimoto: @9free, born 2b rich, elai147, and co. pls. what is the EPS of prestige assurance for 2012' financial year ? biko, help!

9free: NEM on full speed: 10%
OandO decelerating as Oga feelamong don drop [size=14pt]10Million units [/size]

9free: Whatever is moving Eterna Oil should please remember Japaul(Jegede) Oil

9free: Make e never perform oooo..... I neva load finish.

henrimoto: O' m'pa!! eeoohh... Nwanna! ni gbu go m'(you've made my day.) nna, what you just gave me now is more than hynessy and co. put together. i wouldn't drink this alone, oga feelamong, stockbull, born 2b rich, aunty merciful-merci and other ogas' in the house should join us in celebrating this small Oando appreciation...lolzzz

Ess: My brother it is swinging oh today. There was a massive 100m cross deal today. It shook the price down. Let's see whether it will go back to the 10% again before closure.
Oando at around 7%
Transcorp at 10%

feelamong: Seems like some bad guys don come market today o!

just called my broker to sell off half of my OANDO holdings......

i no wan hear story as i no intend to keep it for long term!

soloniger: What Is Cooking?

Aks: Sure you can if you are smart investor but SEC might place the shares on suspension at anytime

Rawdeal: first i'm advised to buy stock, then i'm advised not to, then i'm advised to buy with only money i'm willing to give away. smh.

it's just that i'm at a point in life where i can afford to save. i dont want to just bury money in the bank

I think i like Meristem. i dont have the energy to pester stockbrokers with endless calls

Akinmail: Why is it that some stocks have a PE RATIO running into negative. Does that mean they made loses the previous year. Are they safe for longterm buying.

Mpeace :
I'm just imagining a #100k invesment in nestle. Only about 80 shares. Chai these guys badt o. I'd rather go for Oando since its only just about to start the upward journey. I dey fear Transcorp, since it might take some years before they start paying dividends(given the number and amount of loan they have taken, and the fact that they are also planning on new investments) some may become impatient and begin to shed their shares leadin to a fall in price. Or what do you think?

Rawdeal: Hello guys. I intend to start investing in the stock market as soon as possible and i need help. i just started working so i want to save as much as i can while i can. i want to start off with N100,000

Please i need help with
1. A good stockbroking firm or stock broker
2. Shares i should invest in

Nestle looks so tempting but i obviously cant afford anything substantial. Unity bank cannot get any worse unless the bank crashes and i want to buy transcorp as soon as yesterday or else i can see myself regretting very soon. i want OANDO also but I cant tell how long it will take for them to rise again. i'll invest another 150k by March next year. God willing......and if i don't become materialistic

I recently started following the market but i'm very interested. Please advise

feelamong: Hmmm... do not fully agree with ur take!

BAs are goodf investment out lets and they also pay you interst upfront... i do this with my former bankers just that the interest they give now is not good enough but at 11% for 91days.. i think its OK.

I also think that all the banks for now are very safe to do business with and as such no one should take any customer for granted. Infact the last CBN report only stated the facty that the said 8 banks are taking on more risk than their capital can carry and as such have been advised to raise uop their capital..

why would one go for short term and go thru the rigours of sending in rollover instructions when you do not need the money in the short term? moreover interest are projected to fall in the future so its betytter to lock up my funds for one year at a good interest rate.

But in all I prefer Tbills to other fixed income although am not too cool with its liquidity!!thats why i always go for the 90days...but i will definitely explore the Ecobank BA option now that it has been mentioned..

Ess: You have been advertising Nestle too much, we have read it so many times I beg it is enough.

mashaun: I already joined Transcorp train before climbing mountain #2, the journey has been smooth so far.

i have bought Oando ticket expecting the train to come thru my broker.

@ Elai & mercilicious : how far with honeyflour,it seems it is cheaper now.