₦airaland Forum

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In 19 days' time, half a year will be gone; that will be 365days/2 or 12months/2 any way you count, it's very certain
we will be having the second half of the year kicking off.

Are you still waiting for a suitable time to invest? the right price of the stock to buy? dollar price to be up or down or for inflation to go down?

Wait no more! your cash is losing more value while staying idle. Start now and invest in mutual funds (MM or Fixed income), stocks, or real estate. You can never go wrong in the long run with the power of compound interest irrespective of the inflation rate. Just start something and you will be happy by year-end and beyond.

Click the link on my signature to start investing in MMF, Fixed income fund, or stocks.

Call/chat if you need more input.

Start Now!

In 19 days' time, half a year will be gone; that will be 365days/2 or 12months/2 any way you count, it's very certain
we will be having the second half of the year kicking off.

Are you still waiting for a suitable time to invest? the right price of the stock to buy? dollar price to be up or down or for inflation to go down?

Wait no more! your cash is losing more value while staying idle. Start now and invest in mutual funds (MM or Fixed income), stocks, or real estate. You can never go wrong in the long run with the power of compound interest irrespective of the inflation rate. Just start something and you will be happy by year-end and beyond.

Click the link on my signature to start investing in MMF, Fixed income fund, or stocks.

Call/chat if you need more input.

Start Now!

In 19 days' time, half a year will be gone; that will be 365days/2 or 12months/2 any way you count, it's very certain
we will be having the second half of the year kicking off.

Are you still waiting for a suitable time to invest? the right price of the stock to buy? dollar price to be up or down or for inflation to go down?

Wait no more! your cash is losing more value while staying idle. Start now and invest in mutual funds (MM or Fixed income), stocks, or real estate. You can never go wrong in the long run with the power of compound interest irrespective of the inflation rate. Just start something and you will be happy by year-end and beyond.

Click the link on my signature to start investing in MMF, Fixed income fund, or stocks.

Call/chat if you need more input.

blackbone989:
Can I buy shares of any bank or equity on my own. .

Of course you can and that can be done from the comfort of your office, home or any where you are in the world.
To open account with investment one stockbroker, click the link on my signature or contact me for the account opening form.
Account opening is free.
You can start investing with any amount that can buy at least a unit of stock on the NGX

ubfacility:
Do we have any capital preserving dollar fund?
Also I am considering Stanbic, fbnquest and ARM.
Do they compound or recapitalize daily, weekly or monthly?
Any advise will do.

Dollar funds has eurobonds as the underlying asset hence your capital is not guaranteed as it's with money market fund.

However, it's a good hedge against inflation with a long term in view.

You can come over to stanbic MMF where you have monthly reinvestment of accrued interest.

To start, click the link on my signature and register.
As you click, pick money market fund and click buy now. Choose tier 3 as against tier1.
Teir 3 has no limit while tier 1 is limited such that you can not have investment beyond 200k in your account or top up with more than 20k at a time.

Call or chat me if you need more clarification.

adedayo77:
Hello my fellow investors.

Pease what is the meaning of this 'The management fee is 1.5% per annum' for Stanbic money market fund?

In the simplest term without going into much intricases, what it means is that the return on your investment will reduce by that same value.
So when your return is stated as 10.5%
It means your return suppose to be 12% ie 10.5+1.5
Mgt fees is calculated on Asset under management (AUM).

MeezPat:
Goodmorning, Please how do I go about getting the dividends of the companies I have purchased without stress and on time in future.Do I have to fill a form with the registrars or do I have to wait till when dividend is paid and contact my brokers...
Just trying to avoid future stress...Thanks

No stress if you do the needful from the onset.

After the purchase of shares, fill out a transfer form for each of the stocks that have different registrars and submit the same to your broker for transmission of your signature specimen to the registrar concerned.

Two weeks after, fill out an e-dividend mandate form and submit it to the registrars.

Please note that if this process is done after the closure date of the current dividend, yours will be paid much later after the normal payment date.

Vester48:
Can someone please advise me on how I can get into the stock market? Like, is there any reputable broker that you can recommend? And what is the minimum reasonable amount to start with? Thank you.

First state clearly your investment objective ie why you wish to invest and what you want to achieve by your investment in stocks.
I will advise you as a newcomer to have long-term in mind, you can trade after you gain some experience.
Read about stock investment and follow this thread religiously.
However, filter what you read and pick the ones that suit your investment objectives.

You can come over to investment one stockbroker.
Click on the link on my signature to open an account online.
It's free, no cash is needed. Your account will open in 72hrs max.
After the account is opened, you can deposit any amount to start investing.
You have the opportunity to invest in stocks from the comfort of your office,
home or anywhere you are in the world.

I'm available for further clarification. call/chat me up.

Bukkydudu:
Good morning. Please when is the payment date for FBNH?

16th August 2023

emmanuelewumi:
I still bought more shares of Lafarge yesterday.


A business won't go under overnight, the signs will be there at least for 12 months.


There is a difference between making money from a stock whose business is losing money and fundamentals are shaky, and losing money from a stock whose business is making money and fundamentals are sound.

The first one is a trader's delight while the second one is an investor's delight.


The earlier we know the difference between price and value the better.

This is a deep truth about the market. Unfortunately, many folks that come here are coming with a mind to be an investor but most of them follow traders advice and they will jump in and out of stock at the slightest change in price without considering value.
Weldone oga Emma.

Bbbwings:
Didn't even fill mandate form

That is the ultimate destination market operators and regulators are working towards, with the KYC request as directed by SEC which started about two years ago for existing shareholders. The aim is such that at the point of purchase of any company's shares, your details go straight to the registrars, and dividend collection becomes seamless.
Some operators like Coronation have implemented it.

Tohmey:
Good day to you all, Please how do NIGERIA STOCK pay there dividend?
Do they credit all there shareholder through CSCS account automatically?

Dividends can be in cash or shares.

If it's cash, the amount due you less WHT will be credited to your mandated bank account directly.
For shares (bonus) it's credited to your cscs account directly.

ie your bank account is to money as cscs account is to shares

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

NL1960:
Do they now have an online presence?. There was no mail to that. Iam already planning on moving my investment from there. They took a good process over from Investment One and became incompetent with it. A whole outfit owned by GTB does not have an online presence nor a Mobile App.

My brother, the thing is still a big blow to me even till this moment. When I first got to know of the purchase of the mutual fund business from ione I was celebrating I even told my clients then that they are in for a big thing. To say the least, I was disappointed. Not that clients' money is not safe with them but the services are missed. I just hope they will wake up to the reality soonest that fund management is more than just having a big name.

MeezPat:
Can you request the cscs statement from your broker

Sure and the service is free. Except if you visit the physical office and request a print out, some firm will charge you for the printing.

MeezPat:
Hi guys, It's my first time buying stocks through Morgan capital.I did not get cscs trade alert or notification.Please is this the usual practice

Getting X-alert depends on network it has nothing to do with the broking firm. It's triggered automatically but sometimes network issues could cause a non delivery. So you may get but some other times it may be otherwise or get it the next day.

The surest way to be sure your stock was bought or sold is to demand for your cscs statement.

If such request is made before the third day after transaction, you see the stock on pending column but if after three days it would have settled in your account on the balance column.

You can also check your account on the trading platform and confirm from your transaction statement.

Abdul4trust1:
Good evening everyone.

Please, is there any app for trading shares in Nigeria?

Of course, there are apps. First, you need to open a stockbroking account with a stockbroker and get your CSCS account and CHN
Then you can download d app powered by the stockbroking firm.

You can open an account with investment one stockbroking firm. Then you can now download the app called ziing for trading.
You can as well use the web for trading.

Click the last link on my signature to open an account or chat me up for clarifications if needed

singletech:
Is long I left stanbic over 5 years now, can I find through my app or how is it done now?

Ordinarily, if you know your login details you should be able to login but many innovations have been done over the years.
hence I will advise you to click on the link on my signature, pick the money market fund and complete the online form.
Calling customer care can also help.

egojeny1:
Which should I go for, Stanbic or FBNquest?

Go for stanbic and use my link on my signature to register. You can chat me up too. My numbers are on my signatures as well.

egojeny1:
Current rate? You don't mean it

One thing we should note about MMFs is the fact that rates are daily valued and most times on the average you discover your gains are basically the same with little or no difference on the long run.
If you decide to be moving your funds at the slightest change in rate you may end up losing funds in the process handling cash.
Let's be prudent with our choices.

mumu9gerian:
How do I calculate what I am supposed to get monthly?

calculate for each day and multiply by the number of days to get the required amount in this case 30 days

If capital invested is =C
Rate = 11.05%
1 day interest = D
Interest/annum = 0.1105C

D = 0.1105C/365
then interest for 30 days will be 30*D

So if we assume C=1million D will = 302.739
For 30 days = 30*302.739 = 9,082.19

Come Onboard

The first month of the second quarter just ended today. Wait no more, get onboard the SFS fixed income Fund, and enjoy good rates with superlative customer service.

The following are available:

Reinvestment,
online registration and monitoring
personalized account
Easy entry and exit
The fund can serve both short and long-term purposes
Allow investment for minors

click the link on my signature to start or call/chat for more details.

Come Onboard

The first month of the second quarter just ended today. Wait no more, get onboard the SFS fixed income Fund, and enjoy good rates with superlative customer service.

The following are available:

Reinvestment,
online registration and monitoring
personalized account
Easy entry and exit
The fund can serve both short and long-term purposes
Allow investment for minors

click the link on my signature to start or call/chat for more details.

sgtponzihater1:
Looks like it's inclusive of charges. Stanbic is effective yield, so gives a clearer picture

From the rate displayed If you remove the least charges as per my experience in the industry the net rate will be around 9.8%

juniorrate:
GTCO have the best rates for mmf but i dont know why no one here talk about them

Are you sure? Check very well, I hope you know that the rates displayed by GTCO are always gross and not net. This is always stated at the bottom of their rate displayed.

egojeny1:
Hubby was paid too and he was so happy.

No matter how small, once u get paid dividends/interest it always feels good and gives some form of fulfillment.

Jerry59:
Boss I still have your contact and will probably reach out to you soon when I’m ready to test the waters

Okay then. You are welcome anytime

Streetinvestor2:
I noticed thr was no 10% withholding tax on wapco div .Is thr mistake on my payment

It's not a mistake. It happens sometimes and the conditions among others are:

1. When a dividend is paid out of the company's retained earnings
2. or paid out of profit exempted from tax.

egojeny1:
ARM mmf is 10% as at today

It's a possibility. MMFs are daily valued hence rates are always in range across the industry and it also depends on what the fund manager displays whether gross or net rate.

Jerry59:
Same here.

I withdrew a huge chunk of my funds and left the rest.

Although the processes don’t take long but then I’d prefer to do myself instead of having to email for almost everything.

Still on the lookout for a better one to pitch my tent

Come over to SFS fixed income fund.
Quarterly reinvestment of returns

Or stanbic MMF where you have monthly reinvestment of returns