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Investment / Re: Treasury Bills In Nigeria by feelamong(m): 10:35am On Jul 10, 2018
DeepLearning:
Can i invest in Nigerian treasury bill in US Dollar? If so, will I yield interest in USD and at what rate?

There is reason why its called Nigeria Treasury Bills. And our Legal Tender is Naira.

If you want to get Interests in dollars...Invest in Nigeria Eurobonds. But then You have to invest in Dollars and thereafter you get your coupons too in Dollars
Politics / Re: How Will FG Identify Poorest Nigerians To Benefit From Abacha Loot? by feelamong(m): 10:37am On Jul 06, 2018
How did the world bank know that we have 85M poor Nigerians in Nigeria Now?

I guess they will give their list to the FG undecided

4 Likes

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 3:12pm On Jun 22, 2018
GODAKPAN:


U can become a billionaire from savings, it depends on how much you save. I drew a 20yrs plan to become a billionaire from savings and remain richer ever after.

Interesting...at what Interest rates are you calculating this and at what Principal to start with for a young Entry worker graduate staff of First bank Plc who earns about 120k monthly.

1 Like

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 9:06am On May 14, 2018
dotcomnamename:
Sick of percentage % dropping jor shocked. I'm off to cashew farming... cheesy.. See you TB at the right time in Aug 2018.....

Nice one with your farming..but dont expect any rise in rates ....oil price still strong and reserves still doing well.

lets just get used to the low rates here or go and invest in Corporate bonds
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 2:23pm On Apr 20, 2018
Jejebaba:
Oga Feelamong came to NSEMPA today.
Market is dull oo, its better we go to cryptos where we can make 100% a day. Bitcoin already up 3.32% trading at 8,554 and its a good time since George Soros is interested and will be pumping a lot of money.

Just looking around bro...just incase there is any bargains out there cheesy

You dey talk about Bitcoin 3% gain when we dey talk about 100% gains in pundix and Monaco wey we just chop finish grin

1 Like

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 2:20pm On Apr 20, 2018
zamirikpo:
So federal govt wants to stop paying my house rent

It is well ooh....

the party is over bro... grin cheesy

#lazyYootsNoDeyNaija
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 9:14am On Apr 20, 2018
Agbalowomeri:
Even at that it is not gambling. Those who trade with TA have a system. I doubt if gambling has one

@PeterLBrandt
18h18 hours ago

Very unfortunate that a new generation of traders completely misunderstand charting. Charting does not provide predictions. Rather, it can:

1.) suggest possibilities, and;

2.) identify asymmetrical R/r trades.

PERIOD

1 Like

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 4:04pm On Apr 19, 2018
katamo:
This is what I indicated last month when I said that rates may go as low as 10% this year. If crude prices continue to be strong, GDP growth remians positive, and inflation continues on a downward trend, a 10% rate for the 364-day tenure is very possible, even likely, at some point this year.



We might even see single digits for Treasury Bill rates before the end of the year....

2 Likes

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 10:25am On Apr 19, 2018
Jejebaba:


May be its better to start going back to cryptos where 100% gain are made in a day as u rightly said sir.

as long as you are ready to learn how to navigate the rings of fire there wink grin

2 Likes

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 4:38pm On Apr 18, 2018
ImperialCovfefe:
Today’s result

Today's rates are wonderful sha.. cheesy

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:05pm On Apr 13, 2018
2zona:
Market is so static and undecided about what direction to go.

UNA STILL DEY HERE?

MAKE I WAKA GO CRYPTOS MARKET WHERE WE MAKE 100% IN A DAY smiley

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 11:24am On Apr 12, 2018
locodemy:


Thunder fire you there.I need to console myself not to receive hash words like yours.

cheesy grin Try and be nice to a lady na
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 1:37pm On Apr 09, 2018
This place dry today o......

where are all our day traders?

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 12:00pm On Mar 27, 2018
ttps://trwstockbrokers./2018/03/27/aso-savings-denies-250m-equity-capital/

The Management of ASO Savings & Loans Plc is aware of the recent news in the print and electronic media suggesting that Milost Global Inc is set to inject $250M equity capital into ASO Savings & Loans Plc.

“We dismiss this claim and wish to state that ASO had at no time issued any notice to Nigerian Stock Exchange (NSE) as purported in the media. ASO Savings & Loans Plc has not entered into any agreement with Milost Global Inc. Members of the public are implored to disregard the false news that has pervaded the media,” the statement said.

“Any change to ASO’s business structure or operations will be duly communicated by the Bank through the appropriate channels. ASO will continue to strive to be the Mortgage Bank of choice and explore innovative ways to meet the housing needs in Nigeria.”

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 11:06am On Mar 23, 2018
2zona:

Yeah true, but beware and watch your back, someone may be planning to commence dumping and take it back to where its coming from.

grin cheesy

do you know something you might want to share with us?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 12:12pm On Mar 20, 2018

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 12:06pm On Mar 20, 2018
Jejebaba:


Milost at work again.

But Unity bank don already deny Milost na...

another Japaul trap unfolding soon cheesy

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 10:45am On Mar 16, 2018
jinnyz:
ACCESS BANK PLSSS RELEASE RESULT!!!!!

Na by Force?? cheesy
Investment / Re: Treasury Bills In Nigeria by feelamong(m): 4:00pm On Mar 15, 2018
Gavrelino123:

Oga Tony,.....the rate in which investors are subscribing for 364 days is really very alarming.......Please can you kindly explain the reasons for the oversubscription of 364 days tenure?.....because i don't think it has ever been like this before....

when you are convinced that in the long term rates are bound to crash..its better you go in now and lock the good rates you can get for long term Tbills...

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 10:38am On Mar 14, 2018
rationalmind:


Doesn't look good with the way people are selling down

Takes ages to download from NSE

2.40K dividend
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by feelamong(m): 10:24am On Mar 14, 2018
Investment / Re: Treasury Bills In Nigeria by feelamong(m): 9:24am On Mar 14, 2018
NL1960:


Does this means that somebody like me that bought when it was 18% will make a profit if i decide to terminate now?.

Yes you will make money (Capital Appreciation) Just make sure you know the yield at which the TBills is being sold for you.

These bankers can be very vicious once they sence that you do not understand the workings
Investment / Re: Treasury Bills In Nigeria by feelamong(m): 8:03am On Mar 14, 2018
alezzy13:
Pls anybody, Abeg when is d next auction? I thot it was today

there is Auction Today.

You ought to have dropped your bids with your bankers since yesterday
Investment / Re: Treasury Bills In Nigeria by feelamong(m): 8:02am On Mar 14, 2018
2ND QTR TREASURY BILLS CALENDAR....

Prepare for lower discount rates as the FG is redeeming about N500B matured Tbs.. cheesy

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 7:57am On Mar 14, 2018
Alakwa:
Thanks Mates for all your contribution on the T-bills liquidation, I yield to some of the advice here I have asked the bank to cancel the liquidation, as it will not favor me in any way you look at it . Loosing 650k for a short period of 57 days is a NO-NO situation. The cancellation was initiated and the cash has been debited from my account. I will wait for the original maturity date. Again thanks for all your contribution.


Meaning liquidating T-bills before maturity is not a good one.

Not true.....If you understand the workings of Treasury Bills,

You can decide to liquidate before maturity and make money on it..(Capital Appreciation)

This is how banks and discount houses trade Treasury Bills. They dont hold all to maturity!

The trick is to buy when the Yield is high and sell when the yield is low!

2 Likes

Investment / Re: Treasury Bills In Nigeria by feelamong(m): 12:17pm On Feb 22, 2018
Agbaletu:
I am just lost between the money in my dom account and getting another TB. Greatest mistake of buying dollars when it was N400.

You should have bought Eurobonds with the dollar and be earning some coupons too..

always good to keep some dollar assets too. That way you will hedge against any fall in the value of Naira and naira assets

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