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Emmasoft's Posts

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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:55pm On Oct 01
Save to Spend

Make end-of-year spending easy by investing your intended budget in the CMMF and get 11.48% extra to spend.
Don't put pressure on your finances, save weekly, monthly, and any amount you intend to spend for end-of-year activities
in the Coral Money Market fund managed by FSDH. We have the best rate currently.

Talk to me for more.
Investment / Re: Mutual Funds by emmasoft(m): 1:55pm On Oct 01
Save to Spend

Make end-of-year spending easy by investing your intended budget in the CMMF and get 11.48% extra to spend.
Don't put pressure on your finances, save weekly, monthly, and any amount you intend to spend for end-of-year activities
in the Coral Money Market fund managed by FSDH. We have the best rate currently.

Talk to me for more.
Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 1:54pm On Oct 01
Save to Spend

Make end-of-year spending easy by investing your intended budget in the CMMF and get 11.48% extra to spend.
Don't put pressure on your finances, save weekly, monthly, and any amount you intend to spend for end-of-year activities
in the Coral Money Market fund managed by FSDH. We have the best rate currently.

Talk to me for more.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 11:16am On Sep 30
IgiveLadiesBj:
Hello my people, please I need help on how to sell my Dad's shares in Zenith and Access.

I stumbled across his shares certificate. I remember some time he told me about them before his demise.

Please who has been in my shoes and how do I go about it.

Like how long does it take.

Is it something I can get done in 2-3 months?
How do I calculate how much each certificate worth?

If he left a WILL it will be easy but otherwise there are processes involved. It's better you use a professional service. Get in touch with meristem.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 3:29pm On Sep 29
Backpedal:

At this point sir

My advise will be to HODL...


Liquidating right now will crystallize your loss

FEAR NOT THE BEAR IS JUST PASSING

Currently, the market situation is differentiating the trader from the long-term investor.

Unfortunately many folks here are using the trader's or short-term eyes to look at the market even when they had a long term as objective and this has brought a lot of panics.

I will advise you don't get high BP for anything.
If you are invested for the long term take away your eyes from the market except if you are coming to buy more to avoid unnecessary panic.

The bear is just passing. The market will always have two positions - up or down

You will need to panic if:
The company you invested in has financial issues
Management issues
Regulatory issues
Drastic and consistent reductions in earnings and bottom line

If non of the above and just general economic situations (external factors) you don't need to panic.

For example, a long-term investor bought Okomu for N38+ in 2008 before the great crash and the price went to N12 after 2yrs or thereabout they gave a bonus of 1 for 1, the company has paid dividends since that 2008 till date, now the price is over N150. You can do the maths.

So don't panic about selling just wait and you will be happy.


Suggested actions:

- Buy more if you have the cash you don't need for now
- Remove your eyes from your portfolio
- Do more research on the company you invested in and follow their earning reports closely.
- Be sure your stocks are good and dividend-paying companies.

However, If you are risk averse, don't bother coming into the market in the first place.
Do money market fund instead.

You can do Coral money market fund managed by FSDH rate is 11.479% as of today.

Check up my earlier post here https://www.nairaland.com/878880/treasury-bills-nigeria/2096

11 Likes 2 Shares

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 7:46am On Sep 28
Wapgod:
What will be the effect of the MPR increase to treasury bills?

Increase rates for all tenors

1 Like

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 7:45am On Sep 28
zamirikpo:


Whats the implication of this news, does it mean that 15.5% would be the benchmark or should I say minimum interest rate, henceforth.........

15.5% now becomes like a yardstick for the measurement of interest rates on all money markets and fixed income instruments. Most fund managers will want to have rates equal to or more than MPR.

The ultimate however is to beat the inflation rate which is almost near impossible but having a higher rate is better than just leaving cash to stay idle without investing it.

The hike will definitely cause much activities in the fixed income and money market segment.
While it's a piece of good news for funds, tbills, bonds CP etc it's the opposite for the equity, particularly traders and in the short term.

On the long term, ie for the high risk tolerance investors it's actually a good opportunity for the accumulation of good stocks with very higher dividend yields.

6 Likes

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 7:40pm On Sep 27
High MPR Better for Money market and fixed income instrument

With the MPR at 15.5% and as a conservative investor, the coral money market fund CMMF managed by FSDH will be your best bet.
The rate is currently at 11.27% even before the hike in MPR so expect higher returns going forward.

Click the link on my signature or call/chat me up to open CMMF account for free.
Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 1:37pm On Sep 26
NL1960:


Iam aware of this. This has been on the form from the time there was no N50m limit. So i doubt the banks have changed the forms. If they had not changed it, it could be that there are customers that have the minimum N50m to bid at their own rate.

Even when you have the 50m it's always advisable to go with the bank rate to avoid any disappointment.
Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 10:55pm On Sep 24
Maxilight:
The last time I visited FBN to be precise to make inquiry about tb and they told me they no longer sale tb to private individuals but cooperation.

Please note that not everybody working in the bank knows about tbills and investments generally. In fact some branches of banks can't help you when it comes to tbills.

You need to visit other branches if you didn't get positive response from the particular branch you visited.

Investors in Lagos are more advantageous in this regard because you have more bank branches to choose from.

Most of the branches in high brow area or business districts/commercial hubs will be better to visit and make enquiry.

Banks will always do tbills because when they help you do tbills it's a win win case, they benefit and the customer benefits as well.
It's the FG that does the paying.

6 Likes

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 12:59pm On Sep 24
Maxilight:
Please help with the right info. Where, how and when can one buy treasury Bills. Thanks

Where: Any commercial bank where u have an account preferably IBTC or FBN

How: walk in to your bank at the customer care tell them your mission you will be given form to complete to that effect.

When: latest 10am on Tuesday before the Wednesday of the primary auction which is fortnightly. Since there was non this week Wednesday, then next week will be another day for primary action.

However, if you wish to enjoy the privileges of tbills and other safe money market instruments and also able to invest anytime with as little as 5,000 with higher rate, you can subscribe to the coral money market fund managed by FSDH currently 11.27% as at yesterday

Get in touch with the contact on my signature.

1 Like

Investment / Re: Mutual Funds by emmasoft(m): 9:22am On Sep 22
ernie4life:



Baba you Don japa to FSDH!

Na so my oga

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:18am On Sep 22
essentialone:


How much is their dividend?

17kobo

1 Like 1 Share

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 3:50pm On Sep 21
For those waiting for UPDCREIT Dividend read this:

Good afternoon sir,

Kindly note that the company has shifted the 14/9/2022 payment.

The new date shall be communicated to you as soon as we are notified .

Best Regards.

A reply I got today to the email I sent to First registrars asking them why the delay in dividend payment.

3 Likes

Investment / Re: Mutual Funds by emmasoft(m): 11:48am On Sep 20
Reduce the loss in the value of your money

Inflation is high you can't afford to leave your cash in the bank. You will lose more.

Get value today by investing in the coral money market fund CMMF managed by FSDH Asset Management.
You get above 11% interest on your investment without deduction of WHT.
Get in touch to start investing.

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 11:16am On Sep 20
Reduce the loss in the value of your money

Inflation is high you can't afford to leave your cash in the bank. You will lose more.

Get value today by investing in the coral money market fund CMMF managed by FSDH Asset Management.
You get above 11% interest on your investment without deduction of WHT.
Get in touch to start investing.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:26am On Sep 15
joboy834:


Please is WHT deducted on FI mutual funds because FBN FI is above 11%.

Thanks

Please note FBN FI is not a MMF, the underlying assets and method of reward differ with the fact that the risk level is moderate as compared to MMF which is a low risk so they are not to be compared. However, there is no deduction of WHT and it's general to mutual funds.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 6:46pm On Sep 14
seyisanya:
I think he meant after deductions. AxaMansard is the only fund manager that's transparent about this. They always state both the gross rate and the net rate on their website.

Please note that the stated rate for CMMF from FSDH is the net.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 5:01pm On Sep 14
ggoldmine:
Thank you. But this didn't reflect on my stock. I only received the money.


The date to credit bonus shares is not normally stated. Once it has been approved and you qualified then just keep checking with your broker it will be credited by the registrar through cscs and your broker then an advice to that effect will be sent from the registrar to your mailbox.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 6:17am On Sep 14
emmanuelewumi:



The upward money of MMF rates is not too good for the stock market

True. The two always on inverse relationship except in cases the economy is doing well and more foreign inflow find their way in.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:41pm On Sep 13
emmanuelewumi:



Yes.


FBN Quest Money Market Fund is 10.18%, Abacus Money Market is 10.4%, United Capital Money Market Fund is over 11%

Thank you my oga for throwing more light. Some folks seems to be surprise on the upward movement of mmf rates.
Watch out for more rally in rate all things being equal.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:38pm On Sep 13
emmanuelewumi:



You don't pay tax on Money Market Fund dividends

Exactly, apart from better rate a no WHT on dividend is one of the advantages of mmf over fixed deposit and some other investment windows.

1 Like

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 2:27pm On Sep 13
Remember CMMF

As your interim dividends continue to hit your bank account, enjoy yourself, but please don't forget to drop at least 5,000
into the coral money market fund managed by FSDH to gain another interest of 11.04% on your investment
By the end of September and December respectively, you will have more money for your enjoyment.

Get in touch with me to get started.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 2:24pm On Sep 13
Remember CMMF

As your interim dividends continue to hit your bank account, enjoy yourself, but please don't forget to drop at least 5,000
into the coral money market fund managed by FSDH to gain another interest of 11.04% on your investment
By the end of September and December respectively, you will have more money for your enjoyment.

Get in touch with me to get started.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 2:21pm On Sep 08
Mpeace:
Uba dont want to improve on their dividend. Fidelity will soon over take them

Such overtake is good for investors. If they overtake, UBA most likely go shake body and ie more money for investors. It's a win-win case for dividend-loving investors grin.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:33pm On Sep 08
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 8:25am On Sep 08
Dividend for today

If you have shares in Flourmills expect a credit alert of your dividend today!

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 3:54pm On Sep 03
mariahAngel:
How profitable has this thread been to anyone here? Please, I want to know.
Thanks.

The profit/usefulness of the thread cannot be overemphasized. The taste of the pudding is in the eating. Go through and you will testify.

Call the thread:
Biz school,
Biz master class
Practical Investment school
Investment information hub
Due diligence confirmation arena
Biz and investment analysis hub
Ponzi scheme detector forum
Mentor/mentee hookup place
etc
the list is unending
add yours as you go through

8 Likes

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 10:16pm On Aug 31
NL1960:


What has been your experience?. Iam considering starting off with funds in my son's savings account as a test.

Please let me know when you are ready to come onboard that will help my ministry as per inflow.
Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 10:14pm On Aug 31
emmanuelewumi:



I am of the first set of investors of the fund, it used to be called FSDH Treasury Bill Fund

Very correct my oga. Up till now even with a change of name to coral mmf, investors' ID still carries TBF which stands for treasury bill fund.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:14pm On Aug 31
2zona:
Good evening guys, please can some one explain this to me. I carelessly and hopelessly entered a sell order for my Transccorp share @ price of 1.11 and went for my business, only to log in later this afternoon and discovered it was cleared at price of 1.13. I was surprised. Is it an error or actually possible in NSE.

please note: A buy order with a limit price actually means buy at any price lower or equal to the limit price

while a sale order with a limit price means selling at a price higher or equal to the limit price.

Order without a price limit buys or sells at any price that gives a deal at the shortest possible time.

4 Likes 2 Shares

Investment / Re: Treasury Bills In Nigeria by emmasoft(m): 6:16pm On Aug 31
NL1960:


So no real guaranteed rate meaning rate can get as low as possible and can go as high as possible.

What is the frequency of change of this rate or at what frequency is it reviewed?. For instance, the current rate is 10.31% P.A which means accruals will now be done with that rate. Is the rate revalued on a daily, monthly or quarterly or yearly basis?.

Rates are guaranteed but not fixed. What that means is that you can never lose money in MMF. Please note underlying assets in MMF are not volatile hence it's low risk.

The rate is always per annum but prorated/ valued daily with the formula as stated above and your investment gets the interest of that day base on the current rate.
Generally, for all MMF when there is an increase in the rate in the monetary policy, Tbills rates in all tenors will be high and basically, all money market instruments will have higher rates than before in effect increasing the rate of MMF.
As early mentioned it's not volatile like stocks even if the rate is not fixed. For any conservative/high-risk adverse investor, MMF is the best bet.

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