₦airaland Forum

kristien4:
pls wen is the date for the next auction??

next auction is 5th of November but drop ur bid a day before that day with ur bankers

simplibaba:
12% for 364days at wema bank nd stop rate s 10.8 I guess

clearly you lost ur bid

just2endowed:
Mehn tb has finally crashed. What other fixed investment opportunities one can go into now?

i think this govt is sending some serious message to us all...we all should go and do some real businesses and get productive. seems the days for easy easy money is gradually coming to an end (if its sustainable)

maybe na to go begin farm now

on a serious note, its time to start looking at taking some sort of risk in other investment vehicles

simplibaba:
Oga feelamong, pls I dont even know if my tb bid was successful or not because am yet to receive any alert from my bank neither have I received any mail from them, how will I know if it successful or not?

what did you bid?

from the stop rates you should be able to know na..

anyway just speak to your bankers asap

chillykelly86:
Oga, I saw a flat QoQ result oo.

Which angle are you viewing it from?

bros try shine ur eyes look the result well again

try compare Sept 2014 and Sept 2015

me I can see EPS of 41k (Sept 2014) and 54k (Sept 2015)

Or Did I miss anything?

ukay2:
Bros, I never see ooo..

THIS IS WHY I LIKE E- DIVIDEN PAYMENT.. I APPLIED FOR MY e-dividend MANDATE AFTER CLSURE OF REGISTRAR. NOW THE REGISTRAR (APR PLC) SAID THEY CAN ONLY PAY MY DIVIDEND VIA E-DIVIDEND AFTER 6MONTHS I DIDN'T GET THE WARRANT SLIP..


Please who has seen UBA DIVIDEND WARRANT SLIP?

CC: MY OGAS

MYJOY, FEELAMONG, ELLAI, 9FREE, MANIE ETC

the dividend wey we don chop and shit out since?

anyway try and get ur e dividend mandate sorted out quickly before the next div..

Omo at the rate these stop rates are dropping eh.....

anyway...my eyes don dey dey more for stock market...

but then at 12.5% the Fidelity Investment Notes is looking more like it

PETERiCHY:
http://www.vanguardngr.com/2015/10/breaking-tribunal-orders-re-run-in-akwa-ibom-gov-election/

This River State and Akwa ibom state oil APC are seeking by force will soon set the country on FIRE.

Investors should take note.

*ThE OcToPuS*

Bros why not post this link in the politics section....

We have been having elections reruns since 1999.....so even if tribunal calls for it wetin concern us?

Please tell the stocks you are eyeing or buying and why

goddilo:
I have N15 million what of FGN BOND to sell. i really need my cash, can anyone in the house advise me where to execute this immediately. i know its prety difficult to sell it in the FMDQ platform as it not to the standard figure for trading. Please any suggestion will serve urgently thanks

send me email on this.....I might be able to find a buyer for you feelamong@gmail.com

ihedioramma:
are you back? i think you said you are going for the other investment?

we don dey plant small small seedlings for here now

http://www.nse.com.ng/Financial_NewsDocs/11074_NIGERIAN_BREWERIES_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

Poor performance..abi una no dey drink beer for Naija again?


http://www.nse.com.ng/Financial_NewsDocs/11075_NIGERIAN_BREWERIES_CORP_ACTION_CORPORATE_ACTIONS_OCTOBER_2015.pdf

N1.20k interim div.

http://www.nse.com.ng/Financial_NewsDocs/11069_NPF_MICROFIN_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf

NPF MFB ...what a flat performance..

http://www.nse.com.ng/Financial_NewsDocs/11073_AFRICA_PRUDENTIAL_Q3_SEPT_2015_FINANCIAL_STATEMENTS_OCTOBER_2015.pdf



baba Agba!!! see our coy o!! 54k eps no be yam o!

na 50k div we go dey expect abi?

bigass:
isn't that a loss of 3.5%?

in bonds trading you buy at high yields(Low prices) and sell at lower yields (higher prices)

Elai147:
Full bid things.

omo dis na wicked result!!!

198% growth on other income......clearly this is securities/bond trading income!

i was just telling someone about the amount of monies banks and PFAs made when the yields spiked when JP Morgan left the bond market..

imagine buying bonds at 16.5% and now selling at 13%

coderXO:
you admit you smoke?

yep I smoke to kill tension!

most especially when I have staked some good cash bets on Nairabet

Zeiya:
That's correct. I have been wondering how @feelamong got that big amount of interest on 7days only

obviously I must have been smoking when I typed the figures...

its actually 1917.81

simplibaba:
Am a novice in this treasury bills stuff and am currently inside wema bank to purchase a tb of 200k for a period of 364days, pls I need advice on if I should clearly state it in my letter the percentage I want or I should state it that the bank should use their best rate…. Fast Response needed my people

ask dem for their rates first....

but I if was to bid today I will go for 12%

timothy001:
Not in nigeria for few years..Anyother way i can monitor ?

@Feelamong U're a Blessing to most people here

you can actually monitor from the websites of some investment coys like Proshare, Afrinvest, Meristem,

you can even subscribed and be added to the mailing list for fixed income securities from Treasury departments of Access Bank, GT and Fidelity Bank...

most importantly we can share info here or via my email add feelamong@gmail.com

mekaboy:
Assuming its a 10% tbill and u buy 7days, for 1m what do u get from that.

1M * .10* 7/365 = 13,424

So you get around 13.4K Upfront payment

rubi96:
Please what is the least amount one can invest in Tbills. I was at GTbank for inquiry and was told their least amount is 500k. Does it mean that someone with 100k can't invest?

if GT bank rejects 100k, there are other banks that accept..

try other banks

timothy001:
How do i monitor the market on Bond since i have no idea?

just listen to the 10am business news on channels daily

also speak to your investment advisors/banker regularly and read analyst reports daily

mekaboy:
Do have tbills less that 91 days, how is that done?

in the secondary markets you can even but 3 days Tbills...

timothy001:
@Feelamong

How do you buy from the secondary market at par at this Period if u have above 100 m to put down on it..Or Would you Advice they wait till Nov/Dec To see if it will bounce back to 15:95 %

You cannot move faster than the market....

you can only buy at the yield the market is offering, someone contacted me yesterday and was asking about buying at the 15% levels yield...all I told him was to keep waiting and monitoring the market...

in the interim I suggested to him to invest in short dated Tbills...5 days to 7 days to at least make some money while waiting and monitoring

bigfizh:
who is talking about secondary market here, that's not the deal, the rate is low compare to primary auction.

yes you can sell the your Tbs if you want your principal, but how soon can one complete the process, its still not as fast and convenient as liquidating an FD

you need to get your self better educated on the workings of treasury Bills.

you can always sell your T bills as fast as you want, provided you are working with the right investment house not with all these street bankers that do not even understand why Govt even does the Tbills auction.

Rates in the secondary markets fluctuate and at times even get higher than the last stop rate in the auction....it depends on the level of liquidity in the market at any particular time....go and ask any bank teasurer that is woryh his onions how banks make money trading on T bills in the secondary markets.....

if you are deligent enough, you too canmake the sort of money they make there...

mekaboy:
Guess u got at par or above 15%

I have been tracking only the 15.54% FGN 2020 cos its the only one I have interest in..

in August it went for 15.38% at the auction, In September it spiked to 15.95% (J P Morgan Effect) and in October it dropped to 13.1%

looking at the Liquidity levels now, I don't think it will get to 13% in November unless these liquidity levels dry up!

bigfizh:
Treasury bills rates are higher, but don't forget your money will be uprooted for atleast 3 months unlike Fixed deposit where you can book for a month,
one can also bid for treasury bills and fail simply because your bidding rates were higher than the CBN stop rate.

Fixed deposit can be liquidated within a short timebrt, if you ever needed the principal amount for something else

it's your choice bro.

Bros it seems you are not aware of happening in the money marketm

For your info you can even buy Tbills for as low as 7 days in d secondary market.

Yes you can sell your Tbills if you want ur principal anytime!

mekaboy:
Sure it does, thanks. At this point im wondering where it is cheaper priced. Primary or secondary.

As it is now......I doubt you will be able to play in the secondary market. Cos you will need a min of N100M to play there..

pallybrown:
please how can a Nigerian staying abroad go about this stuff.... bond or T bill

Just speak to your bankers! Hopefully they will be the ones that actually understand Tbills and Bonds!

http://www.nse.com.ng/Financial_NewsDocs/11038_NIGERIAN_BREWERIES_BOARD_MEETING_CORPORATE_ACTIONS_OCTOBER_2015.pdf


interim div for NB PLC loading.............

jarkbauer:
Oando's Poor Result is Out!!!!!!!!!!!!!!!!!!!! Gbese re oooo

Post am here na!

rates are still poor..

will rather go for the bonds or Tbills considering tha fact that these rates are 10% Witholding tax deductible