Hogwarthtrades's Posts

Nairaland Forum › Hogwarthtrades's Profile › Hogwarthtrades's Posts

1 2 3 4 5 6 7 8 9 10 11 12 13 (of 13 pages)

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:38am On Dec 22, 2023

yMcy56:
Thanks so much dear brother. I sent you PM already. Kindly reply.

Responded to email sent.

yMcy56:
* The customer care is so use.less and non-responsive..... Hope you can see why I used to rate Morgan Capital higher than all those big ones...... Customer service is as important as the service itself but some of them don't know.

Touche!!! I hear you on Morgan capital, i still use Morgan capital myself, the non-existent consumer finance option is something they need to address. I figured trying out different brokerage houses for their respective consumer finance services to see how they treat you irrespective of your pocket. Not impressed so far..

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 10:30pm On Dec 21, 2023

yMcy56:
*INVESTNOW of United Capital*
Those guys are becoming annoying.......very poor customer service....
Pls did anyone have email addy of the Director, CEO or any top official in the stock broking house?
Kindly share pls.
OR
Any top official in CSCS

sometimes you wonder if dis lot are not interested in working, why apply for a job to make the life of clients a living hell. 9 times out of 10 the group of staff handling Lagos office email <customerservice@unitedcapitalplcgroup.com are useless like P in cupboard. Every mail i send involves the following email list:

info AT unitedcapitalplcgroup.com
cec AT unitedcapitalplcgroup.com
ibadanoffice AT unitedcapitalplcgroup.com
ucapitalabuja AT unitedcapitalplcgroup.com

Then i BCC => Sec AT sec.gov.ng.

There are two personnel in the western region office that seem to be responsive average at best. send a blank email so I can send their email and numbers if you need to (for their privacy, can't share their personnal info here)

2 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 2:19pm On Dec 21, 2023*

Adinije:
I agree with you. How can we make it possible?

I dont know much about telegram , so not sure how it works. Discord server is an alternative to try ( audio, rooms, video screen sharing, etc). I use this for almost everything in my daily online dealings viz: professional colleagues meetup , sh*tposting, gaming channel.

Be mindful to be ready to have moderators that are fair to avoid distracting the channel. Add me if you decide to go that route. At this rate, Seun will never learn from his mistakes. a mine with diamond turn cesspool due to negligence #TaleofNAIRALAND.

You can have several channels there (e.g Treasury bill channels, Nigeria stock channel where you can have deep dive convos on particular stock etc). It's more immersive from experience.

This is an avenue for members here who have whatsapp channels or telegram to consider using Discord ---> (This is a Suggestion not endorsement). To keep the spirit of NSEMPA , Keep it free. Whoever wants to offer paid service, can do so on his or her volition behind a paywall separately.

5 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 5:15am On Dec 16, 2023*

chimex38:
Increase in brokerage charges looming..

per usual. No free lunch anymore, more revenue generation for NGX => trickle down to value for NGXgroup shareholders ... so long as brokerage fee result in reasonable dividend for shares held (e.g if united capital,stanbic,etc increase brokerage fee, so long as it trickles down to shaeholders fund and to certain extent dividend), we'll be alright.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 3:56pm On Dec 14, 2023

Meerahbel:
Please this is what I received,NEFT/GTB/CRL CONSOLIDATED DIVIDEND ACCOUNT/SDARADEL PAYMENT 19 OF 3 is this mistake because I already received sometimes in August -Sept 2023.

Kindly clarify.

Thank you

Awon stubborn NASD group , that is Aradel interim dropping grin

. enjoy till next year agm grin

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 9:18pm On Dec 13, 2023*

BabsO2:
That's why most banks will not achieve close to book values till inflation goes down. Used Yahoo to quicky check a few global banks many are down in market price and operate at price to book values in range of 0.5 to 1.5 right now with Europe more bearish than North America

With upcoming rate cuts starting possibly first half of 2024 in the US and contagion across the world, christmas came early. Financials may be back on steroids to attain reasonable book value pricing. How it translates to NGX during re-capitalisation era should be fun to see.

3 Likes

Investment › Re: Treasury Bills In Nigeria by Hogwarthtrades: 12:57pm On Dec 12, 2023

emmanuelewumi:
And they will be the first person to call Seun and the moderators when he starts giving it to them back to back

Oga at this point, Na to disengage sure pass till moderators do the needful. it's like watching Tom and Jerry. Sieve through the BS on the thread, do the little one can in answering/asking questions / giving info. there's stress IRL, to be stressed online as well huh

*in lil duval's voice* No can't do, i can't go for that

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:38am On Dec 11, 2023

DrAwo:
As a sequel to episode 69, we chat with Mr Damilare Asimiyu (Head, Investment Research, Afrinvest West Africa) about the changing landscape in the brewing industry.

He passionately describes an investment thesis that showcases both the vast opportunities and the headwinds facing the industry at present.
We discuss how 2022 was a breakout year for the brewers and how 2023 is a different kettle of fish.

Lastly, he advices the retail investors on how to strategically profit from the brewers in this season.

https://anchor.fm/value-nigeria/episodes/92--Another-look-at-the-Brewers-A-chat-with-Mr-Damilare-Asimiyu-e2d1tr5

Good listen !!

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 1:49pm On Dec 08, 2023

Nigerialabalaba:
Ogami, Multiverse dey pay dividend. Just Google am nah.

I even hear say na only dem be d only mining company wey get mine and wey dey for Naija sef.

The statement of "only mining company that has mine" is not true, Thor exploration is a "Canadian" company based in nigeria (Though listed on LSE and Canada),it has gold mines in Osun state, Lithium exploration is underway as well.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 11:48am On Dec 07, 2023

vacanci:
So Unity bank, Heritage Bank, Keystone bank, Polaris, SunTrust, Sterling and providus banks all pass the stress test abi?

Capital Adequacy Ratio of 10 per cent for national and regional banks, while banks with international authorization were instructed to uphold a 15 per cent regulatory capital adequacy ratio.

Investment › Re: Treasury Bills In Nigeria by Hogwarthtrades: 6:11pm On Dec 05, 2023

Tranquility2345:
Ahib, you don come again. See werey wey dey disguise

All this person did was ask a question about calendar, answer the question or keep pushing. quoting unrelated post is just trolling at this point. Live and let live.

9 Likes

Health › Re: More Teaching Hospitals Risk Shutdown Over Exodus Of Medical Professionals by Hogwarthtrades: 11:46pm On Dec 01, 2023

mrkings84:
So on top all these massive japa we are still over 200 million people...... Na WA o

Nothing new, people migrate on daily , The population of Nigerians exiting the country annually is not up to 5 million. There just seem to be overhyped talk about the whole process.

APOLOGIES FOR THE SCATTERED BRAIN WRITE-UP (THE THOUGHT PROCESS IS LIKE A WAVE)

The central government will be doing the major lifting for any of the suggestions below to work
I. The moment Government see health care as a business in itself, and the revenue that can be generated , they will wake up or private sector will slowly encroach and eat the big pie .

II. Health insurance companies for massive enrollment of the populace. penetration of the informal sector will be key to it's success because that is where majority of the population function.

III. Major challenge for government and private institution will be funding and how to recoup their respective funding when they massively invest. Because we know

IV. logistics and funding may be challenging with this idea: Government can create institutions strategically in each state for Residency programs in all states. Federal medical centers in the country can be the residency / fellowship hub to cater to at least 5000 residents / fellow for starters ( that is a huge payroll the Federal Government will have to face considering most states are useless when it comes to footing bills)

V. upon completion of residency, access to private practice loan for continuity is the way, else all the above na banza.

Investment › Re: Treasury Bills In Nigeria by Hogwarthtrades: 12:25pm On Nov 30, 2023

jedisco:
The NSE has been sideways since 2008 and only this year exceeded its high of 2008. The years ahead are looking up but then it underperformed in a decade when most major markets were in full swing.

Weighting in naira also doesn't do justice to an individuals ROI as the naira has lost on average 10- 12% against the dollar yearly. I.e a 10% return might equate to just holding usd instead

Do as you please with the information given. I'm not going to waste time with this naira devaluation or inflation talk on this thread. It amounts to whooping a dead horse at a race track. Shalom!

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:05pm On Nov 27, 2023

Streetinvestor2:
Alhaji is not bringing the refinery soon to the market. He is not even ready to give the government more shares in the refinery. That was what created all that whahala of supplying crude by government to the refinery. He is not rabiu mate in the world rating.The nse when he settles down he knows how to place rabiu to his class

Nothing stops NNPCL getting more equity to add to the 21 20% they already have. Either do Post listing deals or increase the crude oil allocation for more equity ( speculation is crude oil allocation is about 1 billion dollars worth... considering potential revenue, if NNPC 3X that allocation, its a reasonable deal. easier said than done though with saboteurs all around trying to screw up the deal). Same goes to MOFI and the likes. With interest rate lowering projected for 2nd to 3rd quarter 2024, '24 through 25 will be interesting to see how companies get back to listing/IPO table. Two companies keeping eyes on viz: NNPC and dangote refinery (+/- it's construction arm) whenever them ready, we go join dem by God's grace.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 10:00am On Nov 26, 2023

delvzy:
I am extremely grateful for taking time to dissect this. As per new baby wey I be, make I chop this info small small else I choke

we are all for one another. Also, if you have not done so, go through this thread from a few years back, you will be surprised by the gem of info it has and answers to questions you have.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 2:35pm On Nov 24, 2023

Agbalowomeri:
I invested something similar around the same time. I think they gave back to back 1:3 bonuses for three years before that Calabar man misadventures. All in all, it was a good school fees to pay. I never bothered to recover anything that was left there

Fool me once, shame on you, fool me twice shame on me. Sadly, no matter how much warning or caution is given, school fees must be paid, it's like rent (renters or mortgage), everybody must pay at some point . Side note, do you care to share the meaning of the name AGBA-LOWO-MERI ?

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 10:13am On Nov 24, 2023

delvzy:
To those who wish to contribute to this; Do you have a NGX ETF on your portfolio?
What advice will you give a newbie considering such a route?

I don't have NGX ETF in my portolio,The reason is i am at the mercy of NGXgroup adjusting stocks meeting certain market capitalisation to be on the benchmark of a portolio like NSE30 . I will rather choose when to sell all my position at my discretion.

Over time my portfolio is like an index fund tailored to my conviction. Suggestion to a newbie is figure out what your goal is viz: capital appreciation, steady dividend, etc . Tailor your goal around your circumstance. Everyone in the market is after capital appreciation and profit sharing from their respective investment.

I. ETFs that pay distribution - Stanbic ETF30 be mindful of the fees (expense ratio) attached to investing with them though.

II. Mutual funds - higher fees compared to ETF which may cut into your profit margin over time but that is the price you pay for having the financial house manage your funds for you. There are bunch of products by different financial houses i.e stanbic, united capital,etc if you have any particular one in mind, ask, someone here will be able to answer based on experience (personal or vicarious)

III. One suggestion to start with use the NSE30 as a guide in building your portfolio. Split your fund to 60:40 or 70:30 as you may deem fit to stable and consistently paying dividend companies : growth companies. I will go as far as splitting the dividend companies into monthly brackets so you know over time you have bucket of dividend almost all year round except for january if PZ ends up delisting. While 30% you use as dry powder sitting in a money maerket fund or use to buy shares of growth companies as you deem fit based on conversation here and you doing your due diligence. there's more to be said, but can only say based on questionasked. Shalom!!

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 1:57pm On Nov 23, 2023

lexy2lexy:
Anyone yet to receive Okomu Oil interim dividends?

received today..

2 Likes

Investment › Re: Treasury Bills In Nigeria by Hogwarthtrades: 6:16am On Nov 23, 2023

jedisco:
Keen to know what data is this is based on.
Also are you looking at average return of the index only in naira (which has lost upwards of 10% yearly against the dollar) or average return as weighted in USD ?

Returns talked about here is weighted in naira. check out morningstar (search NSE all share nigeria), you can check out investing.com for daily /weekly or monthly return up to 2004 i think. The last 3 years pretty much an anomaly.

1 Like

Investment › Re: Treasury Bills In Nigeria by Hogwarthtrades: 2:58pm On Nov 22, 2023*

AdelankeAyomide:
Good afternoon
I will love to ask a question, which stock market has a higher return, US Stock Market or Nigerian Stocks Market? Is it better to invest in the US Stock Market using Bamboo or just stick with the Nigerian Stocks Market?

The Nigerian Stocks Market doesn't come with the headache of Exchange Rates but using those FinTech Apps does. your reply will be deeply appreciated

key word Average
S&P500 annual average return ~ 7-9%
NSE average return ~ depends on data you look through ranges between 6 -12%
NASDAQ average annual return ~10.9%

Figure out your goal (dividends? growth? short term? long term investment?), this will help with planning accordingly. It's best to have exposure to both markets with well understood risk :reward ratio to avoid disappointment. Do not invest the amount you are not willing to see down the drain.

Nigerian stock exchange : invest in what you understand or able to research to avoid FOMO into trouble. check out Nigerian stock market pick alert thread. Whatever you do, save yourself the hassle, open account with Nigerian brokerage house for this.

US stock exchange: If you are non-resident for tax purposes, be mindful of 30% witholding tax on your dividends witheld at source compared to 10% in Nigeria stock exchange. While no capital gain tax on profit from sales of shares. Bamboo seem to be legit, as for exchange rate either way you win wether devaluation or strength happens to the naira so long as your investment is properly done.
To avoid derailing the thread specific questions may be answered here .

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 10:25am On Nov 22, 2023*

lexy2lexy:
Anyone yet to receive Okomu Oil interim dividends?

not yet on my end.

@streetinvestor2 i just reached out to a friend to get response on the current info about the other charges pertaining direct cash settlement . I will have it here as soon as i get response to avoid confusion / wrong information.

Update Nov 24: @streetinvestor2 Fee Structure

Fees (%). Buy Side Sell Side

NGX Fees 0 0.3%

CSCS Fees 0.3% 0.3%

SEC Fees 0.3% 0

Stamp Duty 0.075% 0.075%

Brokerage Commission 0.75 –1.35% 0.75 –1.35%

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 9:18am On Nov 22, 2023

Streetinvestor2:
I did a little sales of about #64,273.81 after deduction as per commission. I didn't even know that particular portfolio is on cscs settlement as it is my first portfolio in my years of humble beginning. I just received alert for the sales today and cscs took about #600 from the proceed. Does it mean cscs charges extra money on cash settlement from u.Is it based on percentage or fixed.Abi na tax on the money. Na #63 ,679.7 I received

Yes they do 0.3% on Sales + 7.5% VAT ( not sure if this has changed in recent time though). on a lighter note CSCS, SEC, brokerage house commission dey always pain me every time i see dem deduct money from transaction. To avoid the pain and annoyance every time, tashere equity for those entity calm the pain except SEC grin

.Na abubakar money we dey use entertain abubakar.

Family › Re: The Year Is Gradually Coming To An End. What Is Your Achievement? by Hogwarthtrades: 6:23am On Nov 22, 2023

Lesson of Patience when working with a team vs working independently. The latter is the easiest

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 3:44pm On Nov 18, 2023

safepaulooo:
https://punchng.com/nb-seeks-shareholders-approval-for-acquisition/

seem like a no-brainer.!!! Thanks fr this update.!.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 11:13am On Nov 14, 2023*

Niyijac:
Is there anything deducible from this chart?

Notore back and forth has not been impressive over the years. Now it has Dangote to compete with in the urea production space. Cassava space may be one of its strength with IITA/ Bill gates research to get ti the market. as for grains it has BUA and Flour mill to compete with. As a trader no volume, as a LT investor -> keep an eye on it, nothing interesting for now to buy it. there seem to be marginal improvement in the energy generation space and fertilizer space as at 2022 report . looking forward to see what the annual report for 2023 fiscal yea says about operations.

Edit1:31pm: If anything changes as stated with annual report, will update bias appropriately.!.

2 Likes

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 9:56am On Nov 06, 2023

unite4real:
if e go come down, e suppose don come down since. The news you just read happened last month and not even in November.
Also, he controls over 95% of shares, so if the price will come down, it will be up to him. so just forget this geregu and queue elswhere

Thanks for chipping in, i am aware of the date of the transaction and thanks for your suggestion to kick rocks.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 9:17am On Nov 06, 2023

megawealth01:
Nigerian billionaire Femi Otedola sells $6.4 million worth of Geregu Power shares

https://billionaires.africa/2023/11/02/nigerian-billionaire-femi-otedola-sells-6-4-million-worth-of-geregu-power-shares/?fbclid=IwAR3Jraq2piZB33Td680UwQPEuQrxWlcbZH4czd1kJIgE9Sz87IfCsL-pAJA

Interesting indeed grin

#cashout season for dutty december .. grin

make him price come down again, make we load up

Business › Re: "Blame No One But Yourself" - BUA Replies Dangote In Explosive Letter by Hogwarthtrades: 2:03pm On Nov 05, 2023

Hogwarthtrades:
can't seem to find the editorial, still searching...

@Cmeo here is Dangote group 7 page statement. credit :Nairametrics

https://nairametrics.com/wp-content/uploads/2023/11/Economic-Sabotage-Our-Stand.pdf

Business › Re: "Blame No One But Yourself" - BUA Replies Dangote In Explosive Letter by Hogwarthtrades: 9:28am On Nov 04, 2023

Cmeo:
Somebody should please provide the link to Dangote's allegations against BUA too before I make my comment into the matter.

can't seem to find the editorial, still searching...

1 Like

Investment › Re: Crypto Currency Investors Thread by Hogwarthtrades: 7:38pm On Nov 02, 2023

Curiosity brought me here. Slaute to all the bossman/bosswoman here. #Nuggetminning begins.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 4:58pm On Nov 02, 2023

nairametrics developing story (not confirmed by Govt inn the last 5-6 hours) : CBN commence “clearing” of forex backlogs https://nairametrics.com/2023/11/02/cbn-commence-clearing-of-forex-backlogs-report/

waiting in the last 5 hours for update... as usual we may get update by tomorrow since the govt like droppiong info on friday evening like hihop album

source: Nairametrics

Business › Re: Crude Shortage Delays Dangote Refinery, Five Others’ Take-off by Hogwarthtrades: 4:34pm On Nov 02, 2023

ysg4real:
This goes to show how "our" problems are multi-dimensional and it takes courage to surmount it because there are many players within the environment that can frustrate the push for value production. If this is happening to the dangotes of this country, you can imagine what the nameless are facing in their push to create value.
however, we do not give up, we keep pushing and hope the dams would break and all the barriers would be systematically and surgically addressed.

That is the spirit!!! we keep pushing in spite of all odds, we must prevail.

1 Like

1 2 3 4 5 6 7 8 9 10 11 12 13 (of 13 pages)