₦airaland Forum

pappilo: I also Searched the CBN website but couldn't find a diary or schedule of planned auctions.

Seun/Feelamong

How much do the banks charge for helping a customer buy T Bills?

banks and discount houses charge 0.125%.. so for N1m you pay a charge of N1,250=

Seun: Did you find the CBN Treasury Bill issue programme?

what i saw was the Tbills programme for the last qtr! really annoying that CBN cannot even update its website with very simple info!

pappilo: @ Mr Feelamong

You no even answer my question about auction days that fall on public holidays. You are probably to busy. No be small thing to make money

Anyway why was there an auction yesterday 27 March when there was one last Wednesday 20 March? I thought the auctions only happened bi-monthly

My bankers sent this to me this morning! am equally confused as you are all are! I understand it was in the CBN Treasury Bill issue programme for this qtr!

Infact i am looking at the CBN website now!!

Please find below, details of Wednesday 27/03/2013 T/Bills auction

91 DAYS --------11%P.A


182 DAYS -------11.15%P.A


Hope Rising!!

Sincere 9gerian: Very good developments, especially with the inclusion of contract sums. That is ACCOUNTABILITY and TRANSPARENCY that is the norm with this govt. There's nothing to hide.

With this, NGO's that are interested in anti-corruption can at anytime determine if any contract is inflated or not.

Also impressive is the fact that the govt is keeping its promise of giving certain category of road contract to Nigerian contractors so as to encourage them to grow. I hope such Nigerian contractors will reciprocate the good gesture by performing excellently.

Now that contracts have been awarded, cost of projects known and contractors moved to site in some places, can the media perform their constitutional role by following up with this projects? I guess no. The Nigerian media is too busy reporting GEJ, Buhari, APC,Tinubu, PDP and other political issues, with NO TIME to report DEVELOPMENT. For them to report development, you have to PAY. In Nigeria, you have to PAY to have the media broadcast good news. As for bad news, it sells like hot cake and nobody pays for it.

Since the return of the railways for instance, no Nigerian media house has deemed it fit to give it tangible coverage, besides Premium Times (the recent live blogging of Lagos-kano train ride), NTA and newspaper reports. While foreign media organisations like BBC and I think Ecomiums had written about the comeback of Nigerian railway.

In conclusion, I wish the ACN state governors and indeed other governors nationwide will begin to tabulate projects like the above, with contract sums following every project. It enhances ACCOUNTABILITY and TRANSPARENCY. There's no law prohibiting governors from fighting corruption.

shaaarrap there!! how many times have we heard contracts given for lagos Ibadan expressway??

let them complete the job first then we will clap for them!!

iwe oku: @ manie, you guyz are doing a great job here. thumbs up
am a doctor with little or no financial education , can't even interprete company fact sheet ,or result.don't even understand the meaning of some indices like P.E etc currently am groping in the dark.started investing in the market january this year.
pls i need u give me link to any book that will give the basic financial education.
thanks . expecting urgent reply

Bros.. I was like you about 10yrs ago! I read Microbiology in school but was lucky to have a dad that made me to see the investment world a bit early.

I will recommend "The Naked Trade" by Robbie Burns especially for those who did not have an MBA of Finance Degree. ISBN 1-897-59745-2 it is Packed with practical advice delivered in jargon-free language. It Emphasizes the need for research before before parting with your money to buy shares.

Also read Mark Mcormark.What They Don't Teach You At Harvard Business School: Notes From A Street-Smart Executive.

Also try reading The Warren Buffett Way - Robert G. Hagstrom.

and also The Successful Investor (What 80 Million People Need To Know To Invest Profitably And Avoid Big Losses - William J. O'Neil

Excellent books for any body coming into the investment world..

dominion247: please, i invested over 400k at a bank only for me to get interest of 8k after six months! i see this as tying my money down. please how can i invest profitably? i want my money to work for me. with that sum, i believe i can do better with other options. please, where can i start from?

I think you need to be tutored on financial education.

I will advise you to go out and buy some books on this to read first!

These Bayelsa yoots are a bunch of scondrels!!

where were they when the youths of lagos were prostesting bad governance at Ojota?

If i be governor na to to tie dem up side down for my office; dey use them do shooting practise!!!

But bayelsa state is already a failed state.. where ex militants and clueless politicians hold sway!

At times it seems like you are preaching when you tell people to take time and study the market and coys they are investing in...Manie has said it all!

For anyone to make money in any endeavour, it takes time and energy! you also have to be patience!

I have made money and also losses in the market but in all I have made more money than losses! Just a few of months ago.. I bought Diamond bank at N1.99, sterling at 0.99k and UBA at N2.

I intend to hold these stocks for the next five years at least before i start selling for a start up...

The less people that understand the market.. the better for us!! no wonder its so diff to make the kind of money we make in the NSE in the LSE!

otokx: the bubble is about to explode

The market is still a ong way from any bubble!!

what is the PE of our market and compare that to even the SA market! talk less of the NYSE, Dow jones or FTSE...

i still dey mop up NASCON..just need to get the anount of units i want at the price i gave my brokers

ok will seek you out!

9free: No oooooo...... I want them to present the worst results so that by this time next year I will confidently become a board member of one of these financial behemoths.

where were you when just a few months ago; UBA was going for N1.98k and when Diamond bank was N1.99k and when Sterling was going for .99k?

stockbull: A new born baby in stockbull's extended family. Celebrate with us.

Congrats bro! may him/her be a blessing to you and his generation!

meanwhile u sabi how wedey take wash this kind thing naa!!

I don already enter dat bush bar by our junction..after we go send the bill go ur side!

Revolva: Which one person go believe na

So who would you rather beleive? the govt official or the blogger/Twitvist?

Ur guess is just as good as mine!

After seeing what Berger Paints did as per the 0.70k dividend its payings its shareholders, I have looked around the market and all i can see is NASCON PLC!!

Current EPS of 1.07 and a P.E ratio of 8.50. Last year they gave a dividend of N0.70k and who knows, they can even suppass this in the current year.

Please who knows why I should not start to accumulate this stock Today?

sellydion: THIS WEMA SELF !!!

WEMA keeps on flying!! na wa o!! closed at 1.47

Am a trader in the market (ASPANDA)however I have early banking experience and had self tutoring the workings of the stock market!

my only tactic is buy low sell high! no emotional attachement to any stock but am also a long term player in the market!

mercylicious: True.
I no be brother, bt am very far from Ajebota.
Call me a tomboy, u may not be far from it, cos I went to boys high school as university,did a guy's course and am also doing a man's work ( we are just 2 females in our unit of more than 20 staff)

I grew up with the determination to make it in life (via hardwork.)I believe in working for my money. I am a source of motivation to a lot of my male friends. I started investing in shares right from youth service- I recall I saved 100k after youth service and bought gtbank and fbn then.
*** don't ask me how I was able to save the money- I had 3 jobs.

Abeg make 2pm nack make we know wetin market carry 2day.

After i go send my daughter to you make you mentor her wella for me!

Really impressed! I inherited a lot of shares but only started buying in 2008! i have decided that my kids will have to learn early enough how to make money for them selves..Financial education and marketing are too key subjects everyone should know no matter your course of study..

Just heard that Cadbury just declared .50k for their 2012 year end!

not very encouraging at the present price!

STOP RATES FOR TODAY 21/03/2012

91 DAYS --------10.45%

182 DAYS--------10.65%

364 DAYS ----------10.76%

Seems things are gradually looking up over here once again!! 'Thank' God for the problems in Cyprus!!

ihedioramma: WHAT ARE YOU PEOPLE SAYING ABOUT C&I MY OGA MY OGA'S AT THE TOP ?

why do you want to put your hand into fire? This coy has poor corporate governance.. they make money but they dont allow the money to get to the shareholders! reminds me so much of OANDO!

mercylicious: Currently,I use fidelity securities ltd.

Hei.. I also Use Fidelity Securities.. when next you there try holla me make we drink beer for their canten together!

ozo-dimgba:
Fidelity union security ltd, is da bomb.

I also use Fidelity Securities! How come I dont see u there? which branch u dey use?

Born 2be Rich: I had an unusual dream 2days ago...

The dream was about a stock that have never even crossed my mind ( i dont think it has crossed most people's mind)...

The stock is FTN cocoa...

I saw this stock yeilding very high profit in one of their results and generating above 200% price appreciation...

I asked myself what fundamentals does this stock have presently to move it up but found none...

To be honest, this year i had some dreams and they came to reality...

This may sound foolish because as an investor you have to make proper analysis and get the required information/data of the stock you want to purchase.

I am not a prophet niether am i saying that you should buy FTN cocoa ...

However, this is what came to me and i just decided to share it with everyone...

Bros, I beg u! Try give me a shot of that thing wey you smoke last nite!

E don tey wey I been dream last!

You can actually transfer your shares from one stock broker to another easily these days with the CSCS online Portal!

Just send your letter of authority seeking the transfer to your target stockbroker then they will just go online and send the request to your former brokers aftewhich it will be approved by CSCS.

Basically it takes about 2 weeks or even less these days!

Thanks Master!

U are clearly my Oga @ the Top!

please help me with this

VIN# JTDBR32E160072214

Thanks

bros tell your man in lagos to sell thios car.

To imagine that you placed a price of N1.49M and he told me that he will only sell at N1.6M.

I even priced at N1.5 and he refused selling.

cant I deal with you directly?

miiraaj: The guy has a facebook account! How manage?

His Oga at the Top opened one for him!

Josh121: Please can one still go into Oando like it is now or is this a price manipulation ??

Wetin una see for OANDO self? what has changed in the coy since ...

why chasing a bus that as left the station?

Anyway, since IAI was able to move up then why cant OANDO?