₦airaland Forum

feelamong: Thank you joor!

In Jan this year I bought Nestle for the first time at N700 Plus...
when i told my broker to buy, he said i was stupid.... and tolday am seating on close to 70% return on that small investment...

If only i had used all the money i used in doing Tbills to do this....

Nest year jan... for sure i will be buying more at any cost!

You and oga ucheson don give me mind. But if to say nestle fit come back to N800 I for nor mind the height.

@Collinsobinna, I think it is better you do your investments with a tier 1 bank whose services you are comfortable with. A bank may be good for a particular investment type but not all their branches will offer satisfactory services. I am not familiar with BA but the main reason why I will choose TBills over other money market securities is because they are considered risk-free. If I must put my money on other securities it must be with a reputable bank. In this case I may prefer to go for the short terms with roll over options. The short-term nature equates to lower risk.

ikemefunam: @ ALL PLS ADVICE: SINCE 4TH NOV BID I HAVE NOT RECEIVED MY UPFRONT INTREST FROM FIRSTBANK,ANY OTHER WITH THIS EXPERINCE?AND WHAT SHOULD I DO?

This is taking too long. You have to complain to them. It happened to me sometime ago and I sent them an email to complain. They credited my account 2 days after. E be like say dem dey wan form forgetting sometimes. You've got to complain to them. They cannot be trading with your money while you have better things to do with it.

SWG 1: Madam mercy those coys are looking slightly overpriced but i am looking at possible indices that will rally dangcem b4 i launch attack by fri. But as for skyscrapper(nestle), im afraid of heights.

Hahaha... I join u afraid for that height. He that is up need to fear fall

mercylicious: @lancee, wetin dem talk for d conference?
@mashaun, we cannot categorically tell u, cos we might say one thing and oga at d top will .....
Uacn bought livestock feeds and the price rose to abt 5 or 7 naira, b4 d mkt beat it down, so it seems its finding its foot again.

Dangote cement and nestle are the next to move, followed by uacn. If u believe me shout oho oho!
Am taking position in dangote cement 2moro.

Madam Mercy, u never talk go Transcorp and Oando side o... Abi u don take position since?
Nestle is always moving. It doesn't need the FO spirit to move it. We need the FO spirit to move stocks wey don too surfer for market not Nestle wey don already chop belle full.

mashaun: My people
Please what is happening to livestock o,
Is it very good to buy now for medium-term inv.

Instead of tying up your money on this stock why not join the Transcorp train instead? There may still be some upside potentials in this train.

Ess: Oando trading at 10.23%.
Dream come true?!

E never reach dat time. Until when COP deal don materialise. We only have inner caucus info (from oga B2BR) that the deal... So for now make we dey enjoy the pre COP ride because the post COP ride go be bomb.

9free: No be only you ooooohhhhh
I get 200K units of UnionHomes, 200K units of BecoPet, and 150K units of DaarCom for my longest tie portfolio. Na these yeye stocks I use welcome myself into the NSE in 2008. I don find buyers tire for those stocks since then but I no see. I just simply moved them into my longest time portfolio for my grand grand children. The current newbies into the NSE dey lucky well well as dem dey learn from our past mistakes.

Me too... Jegede Paul, Eterna, universal and Mbenefit- bad markets. My bank PHB share don enter ground. ETI dismantled my Ecobank and Oceanic shares any how. Na wetin dem take welcome me to NSE be this before dem come slap my face join with stock market crash 2008.

9free: My Oga, I don christen this Christmas as Christando Christcorp.
Oga Elai, and B2bR I pray una dey this train oh. The next bus stop na Paradise...........

No shaking I dey with una for the train. This na the next FO...the bus stop na N50 (at least).

qizick: [qu ote author=ucheson2] You may check out
www.meritrade.com[/quot caree]

pls the webs it e is not letting me create account with my phone pls if u use meritrade recommend if I go on or not

Try and use a computer if it's not working with your phone. Note that you will also need to upload some documents.

Mpeace :
Mehn this transcorp ain't slowing down @all. #4 today hmm.

...with more than 388 Million volume traded today. The stock no wan hear at all...

BTW where is madam Mercylicious?

Ess: I wonder why Dangote Sugar has not declined the free fall. It is high time it reverses and head north. Investor should have come over the 9 month poor result issue by now.

The stock is trying. It's holding firm if not it would have gone below N10 by now. I think it will reverse soon.

slord: Gosh! Jst misd dis week's bid wit firstbank,they said deadline 4 submisn is friday.pls does gtb accept as low as 100k,quick respnse frm a sure source wud b appreciatd,thanks.

According to Pappilo GTB will accept 100K. I am surprised you could not submit your bid with FBN. Deadline for submission is usually Tuesday (a day before the auction date). If you are not successful in submitting your bid with GTB, you may want to try other branches of FBN as you should be able to submit your bid latest by Tuesday.

Toluway: for over a week, nobody bought my academy press , which i ordered for sale through my meritrade broker. Please what can i do ? I took position in international breweries recently and it yielded 8% profit and remain dormant. Nobody is talking about this stock in this forum. Pls my ogas, i want you to say something about this stock. Should i off-load it ?

Academy press is illiquid. I think INTBREW is a good investment for the long term. I would love to own it for long term if only I can get it at a good entry price.

slord: My ogas,pls wen is d next bidding date

Wednesday 20 Nov 2013

SWG 1: please house, how safe is it to enter ABC now considering it's on its way to south

I've been trying to buy @N0.70 to add to my position. The stock seems to have a strong support above the N0.70 line. I always add to my position between N0.70 - N0.80. I see that range as good entry point for mid-long term.

[quote author=phemmie06][/quote]Thanks a lot. I've been able to view it.

Born 2be Rich: OER completes acquisition.

soloniger: Oga no source again, hope u no de use nokia 3310 like 9free ooo

Only the news wey oga 9free Nokia 3310 give us recently drove Oando share price to N12. This one go surely take am to N13 on Monday. We need more Nokia 3310 news pls...

9free: I fit sell 1000units out of the 2000units I have for N25/share.

Lolxxx Finally in the train. Oya COP Let's GO...

phemmie06: http://www.nse.com.ng/Financial_NewsDocs/4820_OANDO_9_MONTHS_SEPT_2013_FINANCIAL_STATEMENTS_NOVEMBER_2013.pdf

Why nse site no come dey open again na? Pls who don see this Oando result should tell us how the tin be.

ucheson2: When and How did you enter? Who sale ticket to you?
.... Lol When and How did you enter? Who sale ticket to you?
.... Lol

So una dey code the ticket make we for no see buy? At least we must see buy for black market.

Born 2be Rich: C&I leasing don commot from car park o...Where Jamace dey

E be like a lot of stocks go commot for car park before next year. Na insurance sector I dey wait so dat I fit offload some bad market stocks.

sammiejr: Pls, wat branch of first bank accepts N100K. Thanks

princeuk21: please where is the branch? First bank branch close to me says the minimum abount is 500k, GTbank says there minimum is 1million. Somebody should please tell me which branch i can get the NTB for 100k in portharcourt. Feelamong come help your man o.

The easiest way is to send an email to their head office (firstcontact@firstbanknigeria.com). Ensure to state your branch name and account number in the email. It is the head office that told me that their minimum is 100k. They will send you a form to fill and return along with a scanned letter authorising them to debit your account for whatever amount of bills you would like to purchase. They will forward your email, signed letter and completed form to your branch office to purchase the Tbills. Fear no go let the branch tell Fisrtcontact say their minimum na 1 million. Na all these local braches dey talk this 1million story because dem want big commission. They will buy your Tbills for you and forward your certificate to you upon request.

feelamong: Phew!!!!

just confiirmed from my broker that I Finally have squeezed into the OANDO train today..one oga on SMN gave me the go ahead this morning..

oga 9free.... this one must move like transcorp o.. cos na my wife i borrow this money to invest here o!!

and you know what that means if it goes south! I no wan to dey stay for guest room for nite o!

9free: No worrry urself, I go put you for my prayer points......

By-Fire By-Fire... I go soon re join una for the train

christina paul: Pls I am interested in t bills, I have ask questions on this but d explanation given to me wad not enough as am a novice when it comes to t bills, o need I to u to enlighten me more on this!

Try and read through this thread starting from page 1 and you will find all that you need to know about Tbills. It may take some time but at the end you should be fine. If you have further questions after reading through you may ask the house and you will get answers. Hope this helps.

slord: Elai147,pls wats d minimum amt of Tbills keystone sells.thanks

I'm not sure about that. I have never asked them about their accepted minimum. You can send them an email and enquire about it (contactcentre@keystonebankng.com). They usually reply promptly.

janykute: The question of checking my account to confirm if the money is actually there shouldn't have arise [b]cos I have already spent the money.[/b]I have had Unity since 2010 and i can confirm that I received the 2011 dividend and the 2012 bonus.

Very fast . Unity bank don start to use sentiment pay special dividends to special people be dat.

Is there anyone else that has received unity bank's dividend? Please let us know. Thank you.

janykute: Very very sure of that.What i saw on my phone was Neft transfer-Unity Bank plc/final Div.

Have you checked your account to confirm if the money is actually there? Perhaps it is an unclaimed dividend of 2011 or so. I think this was the last time they declared dividend Pls How long have you had unity bank share?

phemmie06: My Oga how I go de for front seat where you de? Na one back seat I de, but I know say the stock go make me laugh with the little unit l get

Abeg make una creat small space for me for back seat make I take position down because I no fit dey chase Oando wen COP don click.

9free: My Oga, no vex oooo.... Oga fxisreal post na dey correct one.
These yeye Nigerian Journalists no kill person. Couple with the fact say me Nokia 3310 dey only show headlines without the body/content.
Abeg make una no vex oooo.... I hope say I never make some people for here to wrongly compose BUY Mandate text or foward online buy mandate against tommorror.

Hahaha... I don already place my buy mandate because of your Nokia 3310. No worry after transcorp ride finish, wen we see for mama Ejiro I go give you iPhone 8.

collinsobinna: @elai:hi,please I need ur opinion.this morning after reading Cbn s too big to fail banks and not finding my bank on the list,I felt sad and started searching for a new nest for my funds but I need it to be somewhere I can have easy access to both primary and secondary market t bills.

Thus far,I had first bank and zenith in mind but first bank only does 91 days or so I ws told on the phone by a first bank official from my local branch. If they have secondary market availability,I m yet to know.

So mr elai,any other person that has been dealing with first bank should please fill me in. Then if there is any bank among the big eight that can handle both primary and secondary market bids,someone should let me know.

Have read that first bank doesn't credit the interest on same day of transaction but they ve denied it so far.So I need people who ve had the experience to fill me in or do I stick to my bank and disregard the too big to fail statement from Cbn

I don't think there is any cause for alarm. The news is not a signal that funds are unsafe with other banks. CBN, as a regulator, cannot be that stu.pid to give such insinuation- I am sure they must have admitted their mistake by now to have released such a list. Anyway, even if anything should happen to your bank you should be fine as long as your money is fixed in Treasury bills (not bank fixed deposit). The money you use to purchase TBills stays with the CBN- it is guaranteed by the FGN.

First bank only offers 91 days bills. I have never bought from the secondary market with FBN. However, if you buy your TBills via FBN you are almost guaranteed that the purchase will go through since FBN does not allow you to specify your bid rate- they give you from their succeeded bids or bid for you at a safe/guaranteed bid rate- so you may not need to worry about buying from the secondary market. If FBN says they cannot buy from the secondary market, and you are worried about the safety of your funds, why not confine your TBill purchase to primary market auctions only?

It is true that FBN does not credit you on the auction day. However, recently they've been doing pretty well and sometimes I get my interest as early as 3 days after the auction. I do my T-bills investment with FBN and Keystone (defunct bank PHB) and I am not worried that Keystone bank did not make the list of the so called "too big to fail" banks- I didn't expect them to anyway. In my opinion, no Nigerian bank is too big to fail. Oceanic bank was too big to fail, the rest is history. Bros, make u follow your heart or for rest of mind just dey run your Tbill tins with First bank.

9free: The deal don scale through oooooooo.......

Where the source of the news na... Body dey hot here o... According to fxisreal post, the deal has not gone through yet