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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:47am On Sep 02, 2021

locodemy:
Access and zenith Nah.
Can Gtb hold unto what used to pay?

We hope GTB will maintain status quo, apart from the Holdco structure nothing has really changed.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:07am On Sep 02, 2021

ojeysky:
Access Bank paying 30k that's fantastic was expecting 25k

Access bank don join the 30k gang. This is a step up for them and better for investors.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 10:10pm On Sep 01, 2021

locodemy:
I hope you are talking about Nigerian stock exchange trading?
If yes, the market is in two sessions, the pre- market period and the general market trading period.
The pre- market(9.30-10am) and (2.20-2.30 closing time) is not for you.You are giving a time to trade and MM's also have their time.
I will advice you pay more attention on the market hrs and not get yourself confused with the work of mm or players.
Emmasoft is a stockbroker in our midst.If he understands your question, he can help to balance the equation.

@Locodemy said it all.
Sincerely, I will advice you as a trader or investor concentrate on what happens between that 10am and 2.20pm the other sessions of the market especially the last 10mins don't bother yourself because the more you look the less you see. It's not that there is any fraud but that last 10mins is for MM as their name implies they make the market that period.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:25pm On Aug 30, 2021

Bbbwings:
dividend dey land without filling forms now

Yes that is actually the target of the regulators and operators.

In the nearest future what SEC, CSCS and Registrars want to achieve is to harmonize investors data such that as you open your cscs account through a broker all details including your bvn and bank account details will be send to the registrars.

The first step was carried out not too long ago when stockbroking firms were asked to collect the kyc and update of all their clients.

Like I said in my previous post things have improved and still improving.

I'm sure the likes of PA Emma can relate to those days where it's a must to have a current account before you can get your dividend that will get to you may be after three months from payment date sometimes the dividend warrant would have expired before getting to you.

10 Likes 2 Shares

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:39pm On Aug 30, 2021*

erwinschro:
Once I get the form from my stockbroker, do I submit it back to them or to the registrar?

Complete the relevant portion on the form and submit to your stockbroker. It's only your e- dividend mandate that concerns registrars not the transfer form.

The transfer form is just a means to get your signature specimen to the registrar when you buy stock on the floor of NGX

N.B: There are three accepted ways registrars get signature specimen of investors:

- Transfer form
- Bankers' confirmation of signature
- Public offer/right issue subscription form

4 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:10pm On Aug 30, 2021

locodemy:
With the online filling of forms and uploads, they will get your e-dividend mandate ready.....
But they still need your signature specimen from your broker If you bought from the secondary market.

It is advisable to fill the transfer form immediately you purchase stocks from the secondary market especially if you are targeting dividend.

Correct! The transfer form will be processed by cscs Plc and submitted to the registrar where your signature will be captured.

Subsequent purchase of stocks handled by that same registrar may not need processing of another transfer form. For some registrar it's automatic they apply it but for others just send a mail that you have holdings in a new company handled by them and that they should apply existing mandate.

3 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 9:52pm On Aug 28, 2021*

handsomebolanle:
Onboarding on US stock is still easier. Dividend processing on NGX is even annoying

We are entitled to our opinions. The word easy is relative. Depending on your experience and environment what you considered easy or difficult may be otherwise to others.

Onbording on US stock may be easier as you noted but that does not make Onbording on NGX difficult

We are not saying NGX is perfect but nothing extraordinary in terms of its operations.

I know we must have operated in other markets perhaps more robust but it's a fact that trading on NGX is not complicated.

The process of getting dividend is not actually a market thing other systems and policies which affects the larger society is involved.

The truth is that the process of getting dividend in Nigeria is much better now compare to what it used to be many years back and I'm sure it will still improve.

What you see in US market is not isolated from the general US economy, systems and processes. Let's compare Apple for Apple

US and Nigeria no bi the same.
So that difference will always be there,
but be sure we are getting there!

NGX is our brand let's promote it.

8 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:41pm On Aug 28, 2021

Born2conquer:
Getting into the US stock market is easier compared to getting into the nigeria stock market.

This is my 2nd year on this thread and i still can’t figure how to start, where to buy, how to monitor, how dividends are paid.

Nigeria stock market seems strange to me

@Born2conquer I disagree with your statement.
Getting into NGX is simplier than what you think.

It's simple: open a cscs account with a stockbroker. Most stockbrokers have trading platform, as a customer you are given access to the trading floor with that you can trade from any part of the world and also monitor your account.
This is the same basic process all over.

Most times what you get or understand depends on how or what you are interested in.
Two years is too much to know how stocks are bought or sold at the NGX.

I have some folks here that are onboard with investment one stockbrokers in less than a month they already buy and sell stocks.
Some that started earlier are already enjoying dividends.

I will advice if you wish to enter NGX be interested in NGX and forget any negative comments you most have read about the NGX otherwise once you have some reservations before you even start it will still look complicated even after many years.

If you don't mind, to start with NGX click the link on my signature to open a cscs and trading account with investment one stockbrokers within 72hrs you will be onboard.

You can also be assisted and trained on how to buy or sell stocks.

I wish you all the best.

4 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:44pm On Aug 27, 2021

Mpeace:
What If CBN don't approve the result cos what I see is interim, not audited result

All unaudited Q2 results has latest 31st of July to be released while audited has 31st August as the last day.
The Zenith result and the remaining banks results are all audited.

The result is audited interim result, it has pass through the CBN already hence the delay

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:12pm On Aug 27, 2021

emmanuelewumi:
At times a N5.00 stock can be more expensive than a N50.00 stock

Yes, very common in a bull market when speculators are in full action.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:08pm On Aug 27, 2021

https://doclib.ngxgroup.com/Financial_NewsDocs/34027_ZENITH_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2.pdf

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 9:43pm On Aug 25, 2021

omotola90:
Who knows about branch financial management? Though they claim they are licenced by cbn....They are offering mouth watering 20% p. a on their investment

Always confirm every investment or financial outfit with all regulators concerned irrespective of whoever is their client or customer.

6 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 4:31pm On Aug 25, 2021

samguru:
All the results will be out before September 10th, 2021

We are waiting. The results and dividend can only be delayed it can't be denied.

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 9:44pm On Aug 21, 2021

Entrepreneurrr:
Thanks.

I saw where i will put my account number.
Is it the account that i will use to fund the account created?

The account number that is requested is the account that you can redeem your fund into or the account that your interest will be paid into. Your account can be funded from any account.

1 Like

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 9:35pm On Aug 21, 2021

shulamitewoman:
Pls can I knw more abt mmf

First let me point out clearly that MMF is the best you can do if you are risk averse and if you want to have access to your money any time and still enjoy good rate.

Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. It's currently 7.86% and it's upward looking base on economic realities right now. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is guaranteed.

If you are conservative with low risk appetite then Abacus mmf is best for you.

You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for second quarter was done July 1st. The 3rd quarter interest will be paid/reinvested Oct. 1st.

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- register and monitor your account.

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.
Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you register and invest say today 21st August 2021 you will be paid interest for 21st to 30th of September for that period and continues till another payment date.

You can also reach me with the number on my signature if you need more.

1 Like

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 9:07pm On Aug 21, 2021

Why I will prefer MMF at the current rate to one year Tbills.

If you are following the low risk investment vehicles of recent particurly Tbills and money market fund MMF you will notice it's looking brighter compare to last year.

Some reasons why I will prefer mmf are:

You can start MMF with much lower amount compare to Tbills. With 1,000 you can start investing in Abacus MMF. The least for TBills is 100k.

When rate increases it will not affect already invested funds in Tbills but it does with MMF

You can't top up with Tbills. Top up is very possible with MMF even if you want daily top up.

Terminating before tenor expiration in Tbills comes with penalties. For MMF after just 30 days exit is without penalties.

MMF has other instruments like commercial papers that contributes to its rate.

You can easily automate reinvestment of interest in MMF ie taking advantage of the power of compound interest.

It's the investor that determines MMF tenor hence you can hold MMF as long as you wish no restrictions, Tbills particularly primary auction has fixed tenors 3 months, 6 months or 1 year.

Right now mmf rates is on the rise.

The above are my opinions. Do your due diligence.

To open Abacus money market fund click the link on my signature.

5 Likes

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 8:32pm On Aug 21, 2021

Entrepreneurrr:
What is d rate for mmf and d risk involved please?

Is it possible to loose ur principal?

Currently, Abacus money market fund managed by investment one is 7.86% as at yesterday and it's upward looking.

By nature of fund no investor loses principal invested in mmf. The underlying assets of mmf is tbills and commercial paper basically.

Another advantage of mmf is that you can redeem your funds without penalty after 30 days. You can also top up with any amount at any interval.

To open account click the link on my signature to complete the online form.

Note: You don't need cash to open Abacus money market fund account. It's free.

You can also chat me up if you need further clarifications.

4 Likes

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 7:01pm On Aug 21, 2021

shulamitewoman:
Pls wen is the next treasury bill auction date and percentages? Plsss

Next Auction date is Wednesday 25th August 2021.
As at the last auction 1year rate was 7.35%

If you wish to participate, you must be at your bank latest on Tuesday 24th August 2021 before 10am to apply.

At the current rate, MMF is a better option than tbills. Just my opinion.

6 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 7:40pm On Aug 19, 2021

emmanuelewumi:
Please when is the payment date for Flour Mills dividend?

9th September, 2021

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 6:26pm On Aug 15, 2021

Sheisenough01:
Scammer do not deal with this individual.

A simple search shows his history.

https://punchng.com/investigate-before-investing-in-any-funds-sec-advises-nigerians/

Investment › Re: Mutual Funds by emmasoft(m): 12:36pm On Aug 14, 2021

https://punchng.com/investigate-before-investing-in-any-funds-sec-advises-nigerians/

2 Likes 1 Share

Investment › Re: Mutual Funds by emmasoft(m): 10:34pm On Aug 12, 2021

sircatherine45:
I've changed my email, so you can PM me again. I've resent you a PM

mail sent

Investment › Re: Mutual Funds by emmasoft(m): 10:34pm On Aug 12, 2021

sircatherine45:
good evening, is Abacus safe to invest in?

Abacus is safe to invest in. It's a money market fund, underlying assets are mostly tbills and commercial papers, It's good for risk averse investors.

1 Like

Investment › Re: Mutual Funds by emmasoft(m): 10:17pm On Aug 12, 2021

sircatherine45:
good evening, is Abacus safe to invest in?

@sircatherine45 I replied your PM but there is failure delivery the error is that your mail box is full.
You can reach me with the number on my signature.

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 4:25pm On Aug 09, 2021

cmoney22222:
Pls oo. I want to ask.. I have tbills with Stanbic and need to liquidate some amount . Is this possible biko.

You have to liquidate all.

This is one of the reasons to always have money market fund. After 30 days you can liquidate part or all without any penalty.
Open Abacus money market fund today with zero balance . Just click the link on my signature and complete the registration form online.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 1:31pm On Aug 04, 2021

Raider76:
This amazing. So the management of this company have no idea how to expand the business with the cash they have than to share it out for consumption by the owners and shareholders.

Don't blame them much. Sometimes in business to quit may be the best option at a particular time.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 6:28pm On Aug 03, 2021

MysTeerioz:
This.
I have been very sceptical about opening a Stanbic dollar fund. Does this mean I should go ahead please?

You can but still do your due diligence.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:49pm On Aug 03, 2021

debostar:
Please can someone help me .
My wife bought some shares from Cashcraft asset management .It seems cashcraft is no longer in operation ,How does she get her shares ported to another stockbroking firm.
Thanks

She will need to move the stocks to a new stockbroking house. Her shares are intact.

First step is for her to open a new cscs account and that can be done by clicking the link on my signature and pick stockbroking as the product.

With the new cscs account, Investment one through CSCS Plc will move the shares over and she can decide to keep them or sell. She can also continue to use the account for trading.

Chat me up if you need further clarifications.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 8:45pm On Aug 01, 2021

If you cannot get dollars yourself and you still wish to enjoy the proceeds of forex gains, buy good banking stocks. With the new CBN policy, banks are in for good times in that regard. Just thinking aloud.

Dollar dominated mutual funds is also a good alternative to preserve values.

1 Like

Investment › Re: Mutual Funds by emmasoft(m): 3:34pm On Jul 25, 2021

ekanDamie:
if I have 60,000 to fix for 6 months in VGIF
And I have 10k each for 6 months on Abascus, what are my estimates gains on both platforms

VGIF rate currently is 4.5% which is benchmarked with sdf.
If you fix 60,000 for six months you have a minimum of 1,350

For Abacus the rate is not static it's valued daily as at 22nd of July Abacus was 7.67%
Approximately you have about 2,300 but could be more if rates increases more that 7.67 which is more likely.

Personally I will advice you to open the two accounts now and start funding Abacus money market fund. If you don't have large funds the best is to look at long term and try to do compounding by reinvesting your quarterly interest. Little drops matters over a long period.

To start, click the link on my signature to open account. You can as well call or chat me up for more.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 12:00pm On Jul 23, 2021

seyisanya:
With their recent result, anyone waiting for UCAP at N3 will have to wait for the general elections bonanza. Even at that, N3 will be a tough one.

Exactly! The numbers are there to show for it. UCAP always a sweet experience all the way. Since it was spin off from the old UBA the stock never disappoints. For capital appreciation and dividend payment they always meet up.

Investment › Re: Treasury Bills In Nigeria by emmasoft(m): 10:46pm On Jul 22, 2021

yetunsbay:
I was able to raise little change and I plan to maintain its value at least.
-I'm afraid to dabble into all this Agritech uncertainties.
-Thinking of purchasing a stable coin-usdt but the thought of hack reset my brain.
-Maintain a dorm acct but to purchase dollar no mk sense it's on high side.. returns if later sold is meagre.

NOTE- The capital is too little fo real estate.

Atleast I need something of 25% ROI within three months with my seed secured

Cc emmanuelewumi, others

You are at both extremes in what you want.
I'm sure you would have heard or read a common quote saying high returns goes with high risk.

If you want a return of at least 25% it will be wishful thinking to expect your capital to be secured.
I'm not saying it's impossible but given the duration it will surely involve risk which most likely means your seed capital will not be secured.

1 Like

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