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Machine606's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606:
emmasoft:
To get the best from the new investment one app, I will advise you to open a regular stockbroking/cscs account, once you download the app it's automatically linked to your trading account and you will be able to trade on the app or the web.

Most times I advise clients to fund their trading accounts using the normal bank transfer with their bank app or internet banking with no extra charges apart from the normal bank charges but with a card, you pay some extra charges because a third-party payment system is involved.

You can client the link on my signature to open an account and thereafter download the app seamlessly you will have automatic linking to the trading floor through the app.

There is a GTBank account you can always transfer your investment funds into for your trading. Check the attached file to this post to see various method to fund your account. The one I use personally is the GTBank.
Thanks, I already have an account with them through you when I did Abascus MMF. I will check the link and modify the post
Modified:
The link sent seems not working. Nonetheless, I this accountfrom my mailbox sent when I opened the account, 004473197 Sorry to ask, possible to trade bonds on the platform?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 10:51pm On Jun 17, 2023
Greetings,

I saw some people commenting on the new investment One App. I noticed it last week too. However, I am stuck at funding the wallet (either for stockbrokering or fixed deposit). Aside using card (I usually don't use ATM to fund account) and GTB token, how do I fund my wallet? Like is there no account details to transfer funds and how is their processing time. I would love to compare their services with my current broker (chaka). Aside recurring down time (and some minor stuffs), I am quite okey with Chaka.
Want to test IOne because of asset back loans I saw some Ogas discussing of few weeks back.


On Cap Plc, pls has anyone received dividend income. I got two mails from AfriPrud confirming dividend deposit while I have not received any. I had to even check using bank mobile app.

As regards testimony. I would love to thank every here for their input since I started following the Thread my portfolio met a significant busstop/mark. Not minding the 'skekilin amount', it's a significant for me considered starting point since convid 19.

@ sisMCy, I evaluated my trading over two years, I now admit I am more (95℅) of a trader than investor, with little patience like Loco. Lolz.
FamilyRe: London Court Jails Nigerian Three Years For Flogging Son by machine606: 9:16pm On May 15, 2023
Ulunne777:
I used to do the disciplining before but when I noticed my kids tilting towards my husband and him even reporting them to me or asking them if I have seen what they did wrong,I stopped.


We must agree together on the punishment or watch them spoil together. cheesy grin shocked

Stop reporting your kids misdemeanor to the other spouse.The parent present should trash it out or wait for joint punishment.
It potrays the discipliner wicked before the kids

I just pray I marry someone with this thought. This is the main reason children see the father as wicked. Atimes I weigh this law and compare with the "divorce laws" for a young man intending to live in Europe and I just wonder what steps to take early.

If I were the man, once I leave that cell, the child must return to Nigeria and a "crude" village at that. He needs to experience Nigeria.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:54pm On May 15, 2023
jideflash:
Sovereign Trust Insurance (STI) is tearing up with another full bid today, +9.52%. grin
I expect them to declare dividend by year end 2023.
I wasn't patient with STI, too bad. Myc what's Hari Royal exchange any news
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 7:52pm On May 09, 2023
onegentleguy:
Recall the posts above.
Some folks were doubting the inclusion of REDSTAR EXPRESS @ N2.20 then.
Now N2.90 and still early. Will remind them when it hits N4-5. wink cheesy cool
Enough said!
Just jumped out of it today @2.90 (10%). Previous TP was >3.30. I am tired of been there. Will gladly reenter at anything below 2.40
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 1:04pm On May 07, 2023
yMcy56:
Pls note that Lead Capital may be excellent in other aspect of investment o, but as for brokerage, not too good in my opinion.

If going with STANBIC, then consder and compare the fees. You fit no do JIJO anyhow there...in my opinion.

Ogechi has been very up and doing at GTL/Mytradebook. Customer response good too.....but site response can be slow during downtime.
Lol. I've been with Mytradebook for quite some yrs and I know this. smiley
Chaka/Citi investment Capital is even lesser than this.
From the look of this do far. I think (to the best of my knowledge) that Morgan and Chaka are the least charging brokers. Although i might Morgan service are better. I have used Morgan. But been in Chaka since 2019. I ran from investment one because of charges. We way dey trade in afolabi units loves lower charges. By the way, oga Peter I saw your dividend post. BP want catch me. Lol. It's inspiring too.
Oga Robbo, so you dey eye that oga GT for #9, Imagine. You go Sabi price for local market oh pass Peter Obi.
InvestmentRe: Us Stocks Pick Alert by machine606: 8:18pm On Apr 25, 2023
OakPearl:
CXAI pops to $11.45!
What's your take on shipping stocks, my eyes on knop..FRC is tempting@ below 8
InvestmentRe: Us Stocks Pick Alert by machine606: 7:40pm On Apr 10, 2023
OakPearl:
AVTX $2.44
SMX $1.28
GAME $1.86

These are all looking great for a quick day gain.
I have been waiting on your call. Lol. All not on chaka.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:14pm On Apr 02, 2023
Any update on our airplane (Caverton). I remember some peoples huge interest here on it early last year. I hope they are not churning out losses oh. I noticed some abracadabra on its share price on Thursday and Friday.

I am not wrong, I think Cutix FYE is July right?
PoliticsRe: Latest States Debt Profile In Nigeria by machine606: 2:23pm On Mar 31, 2023
The way Anambra and Lagos state competing on social media eh. I wished the governors should try and compete like this. This is the best for democracy and development. But trust Nigerians. It's is now something else what should bring positive zeal and motivation might bring serious issues. Well, Rivers state aren't doing bad with the kind of development going on there. Woke is trying. I don't know if I can say same for Akawibom.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:13pm On Mar 31, 2023
onegentleguy:
Final Dividends Distribution Paid/Payable So Far in 2023

CBP ✔️(Paid)
Prop Div...5k
PD....Jan 27
QD...Jan 18
Paymaster; Light House

AFRILAND PROPERTIES
Prop Div....10k
PD....Apr 18
Paymaster; African Prudential

IKEJA HOTELS
Prop Div....7.5k
PD....N/A
QD....N/A
Paymaster; GTL

SAHCO
Prop Div....16.5k
PD....N/A
QD....N/A
Paymaster; First

#copied
Those stocks above are they on NGX or NASDD, Baceause I haven't come across any yet except for Ikeja Hotel. Speaking of Ikeja Hotel, I thought it's 0.075k rather than #7.5k as written. It's seems there some stocks on NGX that's are hardly known but active. Once in a while they pulled up surprises, Eg Stanbic IBTC ETF.

As for lasco, they tried small after missing last year Dividend declaration.
BusinessRe: Unilever Nigeria’s Market Exit To Affect OMO, Sunlight, Lux by machine606: 9:40pm On Mar 27, 2023
Dagger111:
Aafi Unilever na, una go see Unikidney soon.

Anyday why i hit this FTC enh... i will send a token airtime to everyone underneath my comment. Quote me.
I always see this and I wonder if people are paid handsomely for FTC
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 9:45am On Mar 14, 2023
yMcy56:
NIGERIA ENAMELWARE
Cancellation of proposed bonus shares of 3:2

* For those that might be queuing up to buy because of the bonus*

https://doclib.ngxgroup.com/Financial_NewsDocs/Nigerian_Enamelware_-_Cancellation_of_the_proposed_bonus_of_3_new_shares_for_every_2_shares_held.PDF
Is this stock on NGX? Hardly hear anything from them, or because it's not on my radar.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:40pm On Mar 09, 2023
ositadima1:
I apologize for the mistake in my previous response. You are correct.

This is essentially an optimization problem. To achieve a price as close as possible to 1.4008, I calculated that the person would require an additional investment of #500,000.
Yea, it's an optimization issue. I will test run that equation later. I had a method I use to used but things way dey man head no allow me remember. On the other side, I admire your scientific/technology approach to solve issues. You dey try. I love tech too, but Na time and resources no allow man piling follow up. Dalu.

Thanks to all who helped out.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:33pm On Mar 09, 2023
Agbalowomeri:
E be like say this one na artificial intelligence Lol
No amount of additional buy can bring the average cost to 1.40. It will always be higher
You correct. However mathematically speaking, it would bring it down to almost same, with the difference insignificant on the long run.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 11:29pm On Mar 09, 2023
sophy17:
Download Stock Average Calculator on Google play Store.
To use, Always press the Reset button. Fill in your current share quantity n average price. Then fill in New share quantity n new share price. Then press Calculate..
Keep editing the new share quantity n new share price and press Calculate until desired result.
Thanks. So there's an app for it? Will check it out
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:22pm On Mar 09, 2023
Pls, is there I way, formula, or any way of calculate the required amount needed to reinvest in a stock to average at a particular price aside "blind reinvestment" until the desired target is met. For instance, I I used #1000 to buy a share @ 2 per share, but the price fell by 30℅ to 1.40. How much do I need to reinvest to arrive at an average price of #1.40 if this price is unchanged.

Lol. I know say Na mathematics be this.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 1:41pm On Mar 02, 2023
onegentleguy:
Finally, as a growth and/or value investor, I will seek to align with STERLING BANK, UPDC and RED STAR EXPRESS @ current price levels.
...of course, having the necessary trade set-up.

Again, NOT to be inferred as any sought of recommendation. Due diligence still applies as always.

Selah
Sir,

1 & 2 I know, but 3 I know not.
You know say some of us still dey nursery 2 for this stock thing self. That 3 I no understand oh
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 3:31pm On Feb 27, 2023
yMcy56:
Except you just want to gamble anyway......
- Royal Exchange is planning to raise capital thru rights issue.....which is 4:5 (4 for every 5 held)
- The Directors have been authorized to fix the price for the rights issue.......
- There may be pumping of the share price if the price fixed for the Rights is high......
- The share price mvmt may be dependent on the Rights price eventually fixed (for now maybe)......Rights issue price not yet announced.
Oh I see. Well let you said it was an intended gamble aimed at getting 10℅ profit before running -if may use the word "day trade". However, I was looking at the instance of been caged😂

I think the right issue should favour it in the short term all other factors been equal.
Thanks. Did not enter, but I will keep watching.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 12:51pm On Feb 27, 2023
yMcy56:
E Ku market o. smiley
* Mr. Market just dey on its own from observation.....
* MRS PLC in early +10% gain...
* Is Oando reacting to possibility of Tinubu's victory? Trading at +10% so far....
* BUAFOODS in early gains....
* Today is GEREGU 's last qualification Date for N8 dividend...

** I don't think there's any need for any inciting or instigating statements, Mr. Market will do what Mr. Market will do irrespective...... smiley

** Caveat: Pls do not take as any form of advice**
Sis, How do you see RoyalEx @0.67, I am tempted to jump in.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:37pm On Feb 25, 2023
BuA and NB : poor Dividend payout!

I don't see NB pushing but decrease in the short term.


As for the election, APC has the higher chances of winning, followed by Sticky, then Obi.
Am observing Ondo sha
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 2:50pm On Feb 23, 2023
Market Having a Mind of its own. I was expecting the market to significantly decline before this electronic. But no, side ways.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 6:13pm On Feb 14, 2023
essentialone:
PZ touching N3.5 or lower? That is a gbaas gboos something ooo. This aeroplane wey I enter so, hope I no go walk alone ooo.
This one enter, I laughed out loud. Sir may you not walk alone!

It's like you are already pregnant here
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 4:46pm On Aug 05, 2022
essentialone:
Avoid all Insurance companies apart from

1. NEM
2. AIICO
3. MANSARD
4. LASACO
5. CUSTODIAN

Avoid all others. They lack liquidity. No matter how much gain they give you, you may never find a buyer whenever you decide to sell it.
Trapped in Lasco and Masard. Lasco over a year now. And no dividend this year.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 7:03pm On Jul 11, 2022
bfn1:
Veritas Registrars are in charge of Zenith Bank.
Email: enquiry@veritasregistrars.com
Phone: 01-2784170 and 07044997048.
Gone through this too severally for veritas, PAC Registrar, Dangote Sugar( can't remember their Registrar) and one other one. From Registrar to Bank, to broker, copying CSCS all they way, they cycle continues and keeps cycling. About two years now. Them no give shi shi! Did for Afriprudential, first registrar, Coronation, and mainstream, it was swift and smooth. But you the ones mentioned earlier, they can frustrate body, spirit and soul. Thanks!

Car TalkRe: Ingrace Motors Obtains FG Approval To Assemble Cars In Nigeria by machine606: 6:50am On Jul 07, 2022
loosecanon50:
This is a welcome development. FTC for the first time in history. This July must favour me!
Lol, them they pay for FTC.
EducationRe: Thread For PHD Students by machine606: 7:52pm On Jun 24, 2022
emmahoney:
You are not allowed to work in India. It is illegal to do so. As a matter of fact, you will need to be submitting your Statement of Account (6 months) each time you are renewing your Research Visa or Residence Permit. The sole aim of this is to track the inflow of money into your account. Your sure bet is to find a fully funded scholarship that covers all your expenses (monthly stipend inclusive). One of such scholarships (ICCR Scholarship) closed in March or so. And some Nigerians are already getting offers.


The school offers 50% scholarship (amounting to $2500 p.a) and a teaching assistantship (about $200/m)- You can avail this opportunity only, since it is a part of your admission package. Outside this, you cannot work elsewhere without running into trouble.

Food is very cheap in India, however, accommodation is somehow on the high side. If you are willing to cook your own food by yourself, 8-10k rupees is more than enough monthly. For the accommodation, you might be paying between 5 to 8k rupees (for university's hostel) depending on your location.

In general, the educational sector in India is slightly above that of Nigeria. This still depends on you university involved and your Research Supervisor. Some supervisors will make you to publish your work in predatory journals! (check where your potential supervisor is publishing for a better choice). Their NITs and IITs are generally good. However, getting an offer there for Indians is even difficult let alone foreigners. Although some Nigerians/Africans are there but there number is insignificant.
Six months statement of account for residency permit - while in India or Nigeria? Predatory journals after @Wip7 admonitions! Nah, that would definitely be an issue. If I may ask, why would someone (a supervisor, in this case) want to publish in such a journal? Yea, their NITs and IIT are dam good, that's my target fa.

I may just have to let go and check-out somewhere else. By-the-way, Sharda University, is the school.
Thanks, for the enlightenment.
EducationRe: Thread For PHD Students by machine606: 7:24pm On Jun 24, 2022
KelvinCoaster:
Congratulations on your Ph.D admission.
I don't know much about the Indian educational system especially for foreigners, [s] but one thing is 'universal': The scholarship covers the research project (50% as stated in your submission above).[/s]

Goodluck to you!
"universal"- speaking from a Nigerian perspective, once you pay school fees. You still still fund your research project/thesis. That's my focus. Despite the Admission Officer saying no more payments, I don't take people's words 100℅ (based on my experience and others), except proven otherwise! I don't want to start and get stuck up (I cant come and be begging in a foreign land oh). Thanks for your reply.
EducationRe: Thread For PHD Students by machine606: 3:04pm On Jun 23, 2022
KelvinCoaster:
grin
Yea, this thread helped my especially @Prof Wip journals during my seminar. Downloaded and studied not less than 115 journals. Was so rigorous but at least I made an A. And my grades significantly improved from probation I passed. Thanks all for you contributions. Currently on thesis. So stressful coupled with Nigerian factors - strike, etc.

Now, to my question. How 'good' is Indian educational sector. Got an offer for a PhD, but the visa laws (best to my findings online), students are not allowed to work. And it seems the unemployment rates is similar to Nigeria. The school offers 50% scholarship (amounting to $2500 p.a) and a teaching assistantship (about $200/m). By my calculations, also I might need about $4000 for feeding and housing.
How, feasible is it to work in India and pay for studies even if I managed to pay for the first academic year. Also I asked the Admission Officer, she said no other cost. I kept wondering if the research project is also covered in their tuition.
EducationRe: Thread For PHD Students by machine606: 4:40pm On Jun 22, 2022
toyinedu:
good evening everyone, glad to come across this thread.
undergraduate student from futa, chemistry department.
my research project is on adsorption of heavy metal ,I would love your guidance on how to go about the adsorption. I have read journal on the topic but somehow abstart to me.
Hello,
Go to google scholar, type the word (say for example 'adsorption of heavy metals'). Download not less than 25 journal(mostly last 5 years and at least ten review inclusive). Take your time to read each with a dictionary and search the meaning of each word. By the time you done, you self go know watin you want to ask. Hope it helps.

On the other hand I have questions to ask here but let me finish my findings first.
TravelRe: Turkey Visa Application Delay by machine606: 7:24pm On May 28, 2022
Pls oh, how easy is it to find work in Istanbul, for a student. And what's is the average living cost? Make person no miscalculate. Thanks
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by machine606: 5:28pm On May 24, 2022
emmasoft:
It's good news for anything that has to do with fixed income instruments - mutual funds (MMF and Fixed income), Tbills even bank fixed deposits or just the usual savings account, [/strong] savings bond[/strong] etc.

Not very good news for equities but equities depend on other things not just news of rates so even if rates are up and fundamentals of stocks are good and getting better high rate or not equities will still do well.
On the fixed income, MMF and specifically BONDS Sir, is it on existing bonds or yet to be offered bonds?

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