₦airaland Forum

bennyflipy:
Please is it advisable to sell my MTN shares I bought last December, the price as been falling like wetin I no know

Why did you invest in the first place? If you answer that question objectively you will be well guided.

MTN is doing well price falling is general market mode- bearish, not because of bad results or bad management or inability to reward shareholders.

If you invested for the long term please look away from falling price and focus on the fundamentals.
You have cash buy more as the price dip more, remember one of the products of MTN is data... DATA IS LIFE! is a slogan

Jerry59:
Do they have an app?

Cos I prefer using an app to access most of this stuff. Since the acquisition of Investmentone by gtfunds I hardly pay attention to my investment there

Actually, FSDH has before now focused on institutions and HNI but with retail drive, App is a work in progress.

You can actually login to your account online it's seamless

pat077:
pls, do u know the rate for fixed deposits

The rate depends on the bank and the amount involved.

Take advantage of the coral money market fund managed by FSDH for better rates. 10.11% as of two days ago and no WHT all interest is yours on like fixed deposit.

It's also flexible you can terminate after 30 days without any penalty, you can hold it as long as you wish and can top up any anytime with as low as 5,000

Talk to me with the number on my signature for more.

mymadam:
Hello @emmasoft. I was on Abacus (Investment One) for ages. After GTCO took over, the service greatly deteriorated! The new GTFund Managers' site failed (albeit still in the development stage). Downloading redemption form to fill in, scan and forward is kinda time-consuming! I had no choice but to shut shop. Now, with FSDH, my immediate serious concern is in the link below...

What's your take on this please? Regards.

https://www.agusto.com/ratings/agusto-co-hereby-downgrades-the-rating-of-coral-money-market-fund-to-bbbf/

Please note you don't have anything to fear.
Yes there was a time when there were issues because of some investment decisions of course they had to change leadership after the
incident but all that has been sorted.
You can see the performance for yourself, currently, CMMF is one of the best in the industry

So what brought up the rating has been corrected and I can tell you as far as CMMF is concerned nothing to worry about.
All underlying assets of the fund are low-risk investment instruments - T-bills and other money market instruments, in fact, the fund used to be called Treasury bills fund.
With the custodian, trustees, and almighty SEC as the regulators and parties to the fund rest assured you are in safe hands.

Kindly chat me up with the number on my signature I will be more than excited to have you onboard.

Ibechris2:
I know they are among the first 5 in Nigeria.
There was a guy I phoned in the year 2020...the guy I spoke to told me they were not yet in Abuja which made me to look for an alternative.

Now that u are there,I will see what I will do.

Thanks for the anticipated cooperation.
Kindly let me know when you are ready to come on board.

DEBUU:
Please I need more explanation and how legit is this? Before someone will enter once chance , just new here.

FSDH is a reputable financial institution. It's actually a holding company with one of the first merchant banks in Nigeria in the group.
You can do business with FSDH and you are sure in the right place.
It's regulated by SEC and other concerned financial regulators.

There are some folks here already onboard.

Be assured doing business with FSDH is never one chance.

See contact on my signature for further discussions if need be.

I hope to hear from you soonest.

Ibechris2:
Una no get branch for Abuja now.

There is a branch in Abuja. the truth is that you can actually do everything online anywhere you are in the world.

However if you wish to visit the physical branch,

Ground Floor, Leadway House, Plot 1061, Herbert Macula way, Central business district, Abuja.

You can reach me with the details on my signature if you need further clarifications.

NL1960:
Thanks but unfortunately i do not like moving investments at any slight increase in another one.

This is noted, Sir.

4tunebest:
Sent you a message

Thanks for contacting me.

I sent a reply to you.

NL1960:
Una no gree pay us the extra you said will be given abi una no make above the guaranteed amount?.

Yes, it was supposed to be given but VGIF did not really do well and the condition for the extra as stated on the fund's fact sheet is the performance of the fund. It's the SDF benchmarked rate that is sacrosanct

You can take advantage of the Coral MMF now with a double digit rate.

NL1960:
Shuooo. How we go help your ministry now?. You want us to break the earlier one you marketed to us that we keyed into and follow you to this new one?.

You just have to help me o anyway you can.
I'm in a fast-moving boat now but it's safe and the destination is sure.

emmanuelewumi:
Are you now with FSDH?

Yes o my Oga.

Just coming in as a sales rep, by recommendation
Now I need inflow to prove that all that was said about me is true.
Make una help my ministry o. I dey hot seat

Coral Money Market Fund (CMMF)

Features:

Rate as at today 10.11%

Minimum investment of N5, 000.00 and subsequent investment of N5, 000.00

Invests 100% in fixed income securities and money market instruments

Fund Manager: FSDH Asset Management Ltd
Lower risk
Custodian: UBA
Trustees: UTL TRUSTEES
Regulator: SEC

Reinvestment, quarterly payment or Monthly withdrawal of interest allowed

To open an account for free contact me with the details on my signature

Coral Money Market Fund (CMMF)

Features:

Rate as at today 10.11%

Minimum investment of N5, 000.00 and subsequent investment of N5, 000.00

Invests 100% in fixed income securities and money market instruments

Fund Manager: FSDH Asset Management Ltd
Lower risk
Custodian: UBA
Trustees: UTL TRUSTEES
Regulator: SEC

Reinvestment, quarterly payment or Monthly withdrawal of interest allowed

To open an account for free contact me with the details on my signature

BETTER DEAL FOR MMF

If you need a better rate for MMF and good customer service give me a call or chat me with the number on my signature.

BETTER DEAL FOR MMF

If you need a better rate for MMF and good customer service give me a call or chat me with the number on my signature.

essentialone:
Please what date will the bonus shares of McNichols be added into the portfolio of shareholders?

Please note when bonuses are declared only the qualification date is stated and adhered to unlike cash divided which has a payment date and companies are required by regulators to stick to that date, in the case of bonuses the date of crediting shareholders cscs account is not usually stated.
Bonus shares are credited after the AGM and necessary regulatory procedures are completed with SEC approval obtained.
So relax since you are qualified the bonus shares will be credited anytime even if you sell all your holdings now.

bjtinz:
Btw Emmasoft still dey here? Don dey we see your breaklight.

My bros I still dey much work at the background
Just look well the breaklight still dey show

dejiotus:
Good evening Oga Ernie4life and EmmaSoft. I will be very grateful if one of you or other gurus in the house can kindly advise about Stanbic IBTC Dollar fund account. Is the Dollar fund just similar to "shares" where the accured profit made over time, is by way of appreciation in the unit price or should someone expects interest payments like in the usual naira dominated money market mutual funds account? Many thanks.

Please note that dollar fund invest principally in Eurobond hence it's price based that means there is offer and bid prices ie your fund is not guaranteed value can be up or down.

Interest doesn't accrue rather dividend is paid annually base on fund performance and to some extent dollar funds behave like shares there can be price appreciation or depreciation depending on what eurobonds is doing.

Dollar fund is advisable if you have a long term in view otherwise on a short term you may lose money if you can't wait when price is down.

A major positive side of dollar fund is hedging against inflation/devaluation.

The above explanation is for dollar funds generally not just particular to IBTC dollar fund.

SeyiAyorinde:
Good afternoon,
I need help on how to claim my late Dad's shares. How do I go about it?

Check some of my older posts on this thread. You will have answers.

JaySterling:
Which investment would yield better for the sum of 50M

Treasury bills or fixed deposit ?

Please advise

Treasury bill but MMF will even be better

qmd24:
Please, I need info on how to liquidate Sukuk?

If you had a cscs account before investing in sukuku it should be in your cscs account send a sale mandate to your stockbroker and once a buyer surface and there is a deal you get your money.
If you don't have a cscs account, click on the link on my signature to open one with investment one stockbrokers. It's free.

Wapgod:
What can I do to make them reply to an email message?
They were replying until I sent the required documents?

You can call

09029454244
014481201

sonofthunder:
Good day fam,

Please I'm interested in the 90 days Treasury bills but I don't really have much knowledge.

What's the current rate?

Is there a minimum amount I can buy?

Where can I possibly approach to get it done?

Thanks

The current rate as per the primary auction is as shown in the table ie stop rate is 2.75%. To invest walk into the banking hall of your bank and make inquiries. I know IBTC used to accept 100k and above. Otherwise, you can invest in MMF as a better alternative.

onuku:
What is the best online stockbroking firms / registrars to use in Nigeria? I am not based in Nigeria.

Thank you.

Come over to investment one stockbrokers.
Everything is done online and you will trade in real time anywhere you are in the world.
I have many diaspora clients onboard already. I will personally be there for after sales support.

Opening an account is simple and straight forward and it's free.
You need your id card, a passport photo, a utility bill, and your signature which will be uploaded on the form online,

To start click the link on my signature and complete the form.
My contact also is available on my signature. You can chat me up if you need further clarification.

Please note investors don't choose the registrars of a company it's instead the job of the companies to pick a registrar that takes care of that function. You automatically deal with the registrar of the company you invest in by default. So investors don't choose registrars.

Dollarwoman:
GTCO @ 5 Zenith @ 3 UBA @ 0.98k

Even if such happens you will still see people waiting for more dip
I will advise everyone to play the market base on their investment objectives not others' perspectives.

No matter the state of the market investors/traders always believe it can go further down when it's down or it can rally more no matter how high. Also, we always have investors with their different junctions of entering a particular stock at any time which may never happen.
I remember when MTN was 90 some people were waiting at 50 junction, I guess they are still waiting while some junction was 25 for GTB when it was close to 40 today the price is even lower.

In all get your objectives right and you will be fine.

One of the disadvantages of holding cash especially if you are not very disciplined is that it could be diverted most times to liabilities. So buying a stock at a price that gives you a dividend yield of over 12% will not be a bad entry no matter what the price is saying. Yes better with a lower price but it's also risky to have cash lying idle because of inflation and the possibility of cash diversion. Just as in the popular saying idle mind is the devil's workshop Idle cash attracts liabilities.

drills:
Have you received Betaglass 1for5 bonus yet?

Usually, only cash dividend has a specific payment date, bonuses are credited into the cscs accounts of those qualified anytime after SEC approves the bonus. Investors may not know precisely when it will happen. You can always check your cscs once in a while to know when your bonus shares are credited.
This is a general rule. However, the time between the closure date and crediting of investors' accounts varies but be sure it will be credited since it has been approved by shareholders at the AGM

igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

Apart from the broker try and involve the registrar of the stocks and cscs plc.

TuneitupE:
Good day everyone please I’m looking for how to sell my bank shares, any idea of a credible stockbroker that can handle such ?

We can help you do that at investment one.

Click the link on my signature to open a cscs/stockbroking account for free.

You can also reach me with the number on my signature for further details if needed.

Slimdove:
FBNH is on a free fall and i am heavily loaded on it.my brain is no longer functioning well as I have lose more than my house rent, I don't know if I should sell and carry my remaining Kaya and go,this one Peter is warning us about recession.

The bear will always separate investors that follow stock value and those that follow stock price.
Be greedy when others are fearful and be fearful when others are greedy Warren Buffet

Mpeace:
Thats where TA comes in. You employ your knowledge of technical analysis.

If you don't have TA then buy in tranches keep buying the dip you will not go wrong on any fundamentally sound stock no matter how dip it gets.

Don't wait to buy good stocks, buy good stocks and wait!

Grupo:
What's the VGIF rates now?

Still 4.5% but effective from 1st July 2022 it will be 6% because sdf is now 6% following rate hike at the Last MPC meeting in May.

Irrespective of the time of sdf change, it takes effect on VGIF July 1st or January 1st whichever date comes first after sdf change.