₦airaland Forum

Omonigeriarere:
Feelamong, can please suggest rates to go with in the next bidding: I need to start from somewhere.

I will suggest we wait till Monday.....need to see the happenings in the secondary market on Monday first

mercylicious:
Am out of access oo.
Make I chop d 7% pay my brokers. At all at all na Ihm worse pass. I had to leave cos no time to monitor d MKT now.

Fbn just dey fall my hand anyhow.

Oando faithfuls. Time to jump out.
Full offer.

Personally, I think you have jumped out of Access a little too early...anyway better to chop small than to chop none

I expect Access H1 to be good enough to move it to 6.20

#MonkeyHunting

angelo82:
Technically MPC decision is good for banks.

Yea Good for the Net Placers of funds!

mercylicious:
I move as d spirit directs ooo.
I dont always win ooo BT I cut my losses on time.
Fo was a hit
Skye was a hit
Fmn small loss

Now in fbn, access and zenith.
Access closed on 7% paper profit. Still looking at fbn and zenith

Like they say on Wall Street;

If you win 60% of the time, then you are in excellent territory!

Jisie Ike!

sherif4owo:
Are you talking about secondary market T.bills here or stock?

Stocks sir

peteken:
excellent job goin on here i most admit.... God Bless u guys all ... plz i need ur assistance on dis one. for instance i want to put in N7m for treasury bill by 14 - 15 Augt. 2016. wot will likly be my profit for 182days?

If you throw in N7m for 182 days at lets say 15% your upfront Interest would be around N523K

not bad for a guy that didnt take any risk abi?

Tripod3:
Guys, Pls when is the next auction date?

Next Auction date is Aug 4th,..

but throw in ur bids by 3rd

ukay2:
Thanks..

But is ZB and access bank a good buy now

Thanks

i bought Access on Monday....

puna:
Any advise on rates for the upcoming bids?
This would be my first bidding?

would wait till monday evening to see the trading direction in the secondary market that day before sticking out my necks

ukay2:
@my oga feelamomg


Is it good to go for NTB or enter into equity market with a big some of money at this time?

To a large extent...I play both. It only depends on the % of funds i put in each.,.

At this time, am betting to make more in the Tbills than in the stock market so am more skewed here now..

nevertheless am betting on the Big Banks that are net placers of funds and have good bond trading dest to do well. Moreover with the Forex Gains we have seen in FBNH.....many banks would be spinning monies soon!!

#FBN #ACCESS #GTBank #Zenith

burrytee:
i have been following these threa for a while been.i want to invest in the Tbill. i did some finding at the GTB today only to be told i cant invest until there is an auction in two weeks from now. trust i can someone to advice me please.

Yea most banks insist on Primary Auction only...

i however know a couple of Investment Houses that do secondary markets (Although you get rates based on the secondary market conditions which is depended on the a lot of factors)

Tritri:
Yes am locked in .But Treasury bill at 16% , AND BOND same yield i bought it around FEB? what if by DEC TB get to 19%, And my bond still 15%? Is it still consider a smart investment?

You have locked in for a 5 year Bond....Tbills is max one year!

when Tbills was 9% for One year..you were enjoying the 15.54 coupon na..

Interest is currently moving against you that is currently locked in...In the developed markets....this is why Fund Managers buy Derivatives to hedge against such losses from the sale of their Bonds when Interest (prices) move against them..

Unfortunately in Naija, If you sell you might be taking some losses (that is if you are able to sell off in the secondary market cos i know they only trade in Blocks of N100M)

Tritri:
@feelamong , Dont you think it better we sale our Bonds and do T.B or is there is any other better bond rate we can buy..the 2020 doesnt seems to be favourable..Please what ur best advice as it getting me worried.

Bonds and Tbills move in the same direction...

As we speak all Bond yields have all gone up!

If you were already locked in a 2020 FGN Bond which has a coupon rate of 15.54 why would you want to come out?

davide470:
MPC Meeting:

Interest rate (MPR) up +200bps (now 14%)

Liquidity ratio still 30%

Cash Reserve Ratio still 22.5%

Excellent time for Banks that are Net Placers of funds and those that have robust Bond Trading Desk!

1st Tier banks in my tots!

MPC key decisions

MPR up to 14% from 12%


CRR retain at 25%

With this Hike we should expect, bond yields to push towards 20% . Same for TBills Discount rate!

Clearly this is a bait for FPI? And we Local Tbills Investor....

I just pity those with bank loans now...

Every gambler knows, the secret to surviving is -- Knowing what to throw away and knowing what to keep.'' - Kenny Rogers (The Gambler)

#MonkeyHunting

FBN....

It's Forex gain to the rescue!!

This impairment charge na die sha!!!

But it's looking good for the Elephant! But I don't see this leading to any major bull...

I may be wrong sha!

ihedioramma:
brother loco, i see your face oooo.... . but why are people not talking about ucap/skyebank #0.80 ? My brother king welldone o .

Did anyone stop you from talking about them?

start the talk na...

binaflexia:
Oga feelamong, do you use morgan itrade.
If yes, have you make use of their stop-loss limit

No sir..I only have accounts in Investment one and Fidelity securities....

I usually need much more than Itrade to survive in this business...

#Marginfacility

Being fearless precisely when you are most scared is the best hack. - James Altucher

#ChampionBreweries

The greatest cause of human financial struggle is the fear of losing money." Robert Kiyosaki

locodemy:
That means they will drive the floor price to 1.30 - #1.50 to make the right juicy.......green green green

Unless the market is generally bullish this wont work..

ask Access bank that tried it in the past..

http://www.nse.com.ng/Financial_NewsDocs/14346_FIDSON_HEALTHCARE_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

SERIOUS CARNAGE....88% DROP IN PAT

Come una no dey use drugs cure una malaria again for Naija?

sad that no Agbo jedi coy is listed here

Intendy:
http://nse.com.ng/Financial_NewsDocs/14347_NASCON_ALLIED_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

These guys didnt do any badly o.....Thanks to Dollars scarcity for foods importers

23% growth in EPS...

now I have my eyes on dangote Sugar

OBAGADAFFI:
But still seeing TIGERBRANDS from my broker

https://leadtraderng.com/index.php?page=guest.SecurityOverview


And why are we not informed about this changes. This is corruption.

I just got a mail from my broker on it now...

Its been changed to Dangote Flour

rebekah2011:
The current happenings in the economy favours companies like UCAP. The dividend yield of UCAP next year will be more than 26%. This year the stock returned like 35% dividend yield for some investors. The outlook for the company is great. I will keep buying more and only sell when I see crazy capital gains.

I just confirmed that there was a last minute block cross trade at N2.28....

Just like you posited; high Interest rates favors them as they do a lot of trading on Govt securities..

would be rushing in at this price on Monday..

Afo1k:
Ucap @2.28....

what happened here?

some last minute abracadabra??

anyway at least we can now hope for the N2 we have been waiting for..

http://guardian.ng/business-services/business/rencap-csl-stockbrokers-optimistic-on-ubas-growth-potential/

Renaissance Capital and CSL Stockbrokers have both placed a “BUY” rating on United Bank for Africa (UBA) Plc, saying it is capable of generating returns of more than 100 per cent in the next 12-month period.

The “buy” rating on UBA, underlines its attractiveness despite the general downward trend at the stock market.Renaissance Capital, in its recommendation forecasted that the bank’s stocks would remain bullish, adding that its share price could rise to N9.40 per share. CSL Stockbrokers, a member of FCMB Group, also expressed optimism that UBA could trade at N7.21 per share in the next 12 months.



Monkey Hunting on UBA.....

who is here with us??