₦airaland Forum

donchichi: Does any one know if you will get lower interest rates if you invest say, 500k than when you invest 1million?

Someone told me if the going rate for a 1million investment is 10%, you may not get that if you want to invest 500k.

Please let me know

9free: Am begining to develop interest in ETI....... Anybody with me on this?
Make I check their numbers for my spreadsheet again to dey sure.....

janykute: Try and put a price tag on your orders.I always put a price tag whenever I place a mandate with my broker and they never buy above or sell below my price tag.

9free: Oga feelamong, am not happy with you oohh.... How can you open such a beautiful thread and not invite/notify your boys for months now
I dey vex. ......

X-2-X:
Seun is right but I am not sure if that is the best route. It is certainly not the only route.

As far as I know, TBills are liquid. You can buy/sell on the secondary market as well, not just at auctions. I dont know how this works with banks (I dont invest through banks, rather I use a fixed securities investment house) but in general it is possible.

If you invested at say 13% for 365 days (12 months) and interest was paid upfront, then say after 4 months you need cash, you can sell at the secondary market to a willing buyer at say 12.5% for the remainder of the term (i.e 8 months). This means that you will have to settle the buyer upfront from part of the interested you collected upfront for your original investment, but the thing is since you are selling at a lower rate (in this my example), you are not really loosing out: You have earned 13% p/a for 4 months and also earn 0.5% p/a for the remaining 8 months. Problem only arises if you dont find any buyer on the secondary market at a agreeable rate. The rate at which you can sell is subject to bargain.

In fact sometimes when I bid at auctions and fail my broker will offer me something from another of their client who wants to sell (secondary route). I dont have proof but I sometimes feel my broker is intentionally bidding too high for me at the primary auction so that they get to offload to me from their clients (or their own holdings sef) via the secondary market, if you see what I mean. But hey, who am I to complain?

Note p/a = per annum.

X!

nereiskc: Cashcraft (my stockbroking firm), don learn bad thing, whenever I place order for buy, they will buy for at d highest price d stock rose up to that day not even d closing price. Then if I place order for sale, they will sell at d lowest price @ which d stock went down to.....I hv noticed this in 3 of my transaction concurrently, I think I want out... So pals need suggestions of good stockbroking firm u have tested and trust in that hv interest of investors at heart, also that have online platform where u can place mandate of buy or sell. Thanks my ogas.

Toluway: Even in my bid to sent my box address to the registrars of the companies I invested in, the email addresses of many did not work, some email addresses worked, but they never replied. Nigerian environment na wa!

9free: Na so me sef load plenty Multiverse for my speculation portfolio in 2011, till this day I never see buyer for even a single unit.
I still dey market am sha.......

9free: Oga Eliai........ With all due respect, Item no. 9 is the only one I have the time and energy to expatiate. Should I carry on Sir?

9free: Dem plenty na.......Oya make I list some. In no particular order.....:
1. Compare current stock price to intrinsic value
2. Compare its P.E to industry average then Market average
3. Compare its fundamental metrics(P/B, EPS, EBITDA, CFO, FCF Yield and ICR) to others in thesame sector and same capitalization structure
4. Check Corperate Governance
5. Management Team and Level of qualitative Management Decisions
6. Dividend History
7. Growth Potential
8. Cooking of Accounts
9. E.T.C

mercylicious: Its there in d site. Rsi is under technical indicator while bolinger is under price band.
Una suppose teach me charting ooo. Please send me any relevant material to mercylicious1@mtnnigeria.blackberry.com

fxisreal: keeping investors in d darkness like this not a good sign as experience in d past, sold down my holding already with this company jare, good stock dey mkt than holding on hope. insurance company for that matter, my cash under d pillow resting CASH IS KING

praxx: Hello guys
Please i need your advice here. I bought some shares years back and i remember i was also given a CSCS number by my broker, but after then i left the country and had not looked into it. Right now i can seem to find my CSCS number. Please guys is there a way i can retrieve my CSCS number as my brokers seem not to be in existence again.
thanks for your help

jossy26: This stock market sef, after identifying a good stock in portpaint; was so interested in cashing in some funds on the short term, but my otondo stock broker couldn't get it. so na siddon look I dey, dey see d price rising. This is really paining me

jossy26: What is it with UACN? They acquire a company and the stock start doing well....atleast maybe for the short term; it was livestock before and now portpaint

saanil: Any idea when did this merger happen? Also any views on the stock?

mercylicious: Hello house,
My broker did not see port paints to buy. Infact, am nt sure they will be able to buy till it reaches 8naira. I don't like chasing stocks when there are other opportunities, though they might nt be as lucrative.

Today presented a good opportunity for entry, am thinking of buying ubacap or afriprud tomorow, house, what do u think?

veeco vee: Well ETI and ECOBANK used to be listed separately on nse pricelist...who knows weather they ' ve merged

saanil: Hi Guys,

What is your view on Nigerian banks - namley Guaranty Trust, Zenith, FBN Holdings, UBA and Ecobank? What is the outlook for banking sector. In FY12, these banks had a solid year but this year its just been UBA which has had a great rally. What do you guys think will happen to bank stocks in coming time?

PHIPEX: Pls my Ogas in the house, can anyone help us with this information because am also very interested in it. I've gotten the dividend already but the bonus hasn't been credited, what could be the cause?

nereiskc: Good evening pals, pls when is the payment and allotment dates of okomuoil coy of their 2012 FYE., 2ndly, must one fill something like allotment forms for city securities limited (registrar of okomuoil) to claim his benefit...... Your ans will b highly appreciated.

feelamong: Yea its suppose to be every two weeks but once in a while the Oga at Top in CBN distorts this..

But on a serious note if you care to look at the Tbill Time table that was realeased by CBN at the start of the year.. it showed that there is an unction on this date... just go the cbn web site..

fxisreal: There is no bad time to enter the market what am saying for example those who enter market this month is better than who bought last month and am sure those who will enter in few month time will surely better than those who currently buying.
market is like what we are seeing it can not definitely falling, there will be a pause for lit upward then ranging till the time of serious buying.
i will refer to my post by sept/oct time. already sold all my penny stock looking to sell more of d cap stock for fresh entry.
happy investing

Omexonomy: The seriousness in this section is too much. I think we need a clown or a commedian to make us laugh at least once in a while. I will nominate stockbull during the bulish period. While stockbear durring the bearish period.

Toluway: Ihedioramma

I looked at NSE chart from July 2012 to date. Please join me in looking at it, House. I tried to paste it here but it couldnt be copied. I am looking at last year historical chart to date.
The bull continued through june to july. I only saw bearish lines in respect of August, October and November and the bulls started again from early December and by January, all the retracements had been cancelled.
How can we ralate this to what the guy said. Was he talking about Aug., Oct., and November? Can we use this rough historical data for our analysis and come out with a position? No one can predict the market though...

The dialectics continues

Aks: I gave instruction to my stockbroker to buy Livestock shares for me on Monday and he strongly advised that i stay away from it cos there is no strong fundamentals on ground. He told me their coy had bad experience on the stock of recent that it's difficult to recoup anything on it when the bear period surface, my advise on peeps clamouring for Livestock is to thread carefully.

Skye, sterling and Diamond is preferable for keep for medium term while a gamble on Unity shares won't be a bad idea

9free: Bros, no look for my trouble ooo..... Na bears I need for now

stockbull: various markets in the world
are shedding indices.the bear is losing force to the centre line but the magnetic field of the Bulls is not much responsive. The fact is that the market is silent and the very bold BULL are stepping into the market now, if they're not much, they may ride down the price in their bidding and the market may close in faint red.

otokx: forget about fbnh

seeker007: Pls all I'm trying to ask here is this,,
I bought some shares some years back,Gt,1stbank,CFAO,,I had a change of
Address and since then I lost track of all dividends and certificates
Pls how do I go about reclaiming all my dividends and certificates
Pls can any one help me out here!!!!thanks in advance

9free: Abeg who or wetin dey hold NEM and Aiico FYE 2012, Q1 2013 results. Oscar !!! What is happening?