kolaish:
As a layman, the best way to identify cross deal for example is:

If you are using morgan itrade platform, You check the total offer of a company and you see 10 million units, while Bids amounts to 7 million units. Then from nowhere you start to see deals of 24 million units, 30 million units etc taking place that were not placed on the offer/bid board of that same company and also without any of the current offer/bids being touched, that is surely cross deals

So its like peer to peer trading? If yes, does it mean those trading parties negotiate their prices outside of the market? Also, how come the market price of the stock isn't affected?

ositadima1:







Do you understand now?

In Mohbad voice from the song Egwu, "Music no need permission to enter your spirit,

Aiye iye, aiye iye,
Ooh-ooh, ooh"

Whats the purpose? to raise capital? So what are the implications? Is this likely to repeat itself in other banks?

yemioke:
Good day Everyone,
Please I would like to know if investing in Ghana TB is a good decision. I am a Nigerian living temporarily in Ghana. currently, TB rate in Ghana for 364 days is at 28.5%. please I need your opinions. thank you. Also, Please investment house vs bank which one is preferable if one is to invest in TB

What's their inflation rate?
you're a foreigner there. Are you allowed to invest?
What's the exchange rate between ₦ and Cedi? Is it likely to move against you?

Don't let high returns blind you to risks

yMcy56:

YES! The last 100k (or above) in a single trade/cross deal determines the closing price for a trading day.

Intra-day high or low is normally determined by the 100k single bid moved during a trading session and if there's none, both low and high will still reflect the previous closing price.

For instance:
* Closing price for GTCO yesterday was N43 (which also happened to be opening price for today)
* If during today's session, 100k+ is moved @46.80; another lower 100k+ is moved @42.25...
*Then, the lowest for today will be 42.25 while the highest will be 46.80....
* If the last 100k moved is @46.50, then the closing price will be 46.50
** Now if someone happens to pick 30k units @40 intra-day, it won't reflect as the day's low!
Or it's picked @47.20, it won't reflect as highest for the day (if closing price doesn't reach this price).

Enlightening. Thank you for your time and knowledge

yMcy56:

There's no wuru wuru there.
The 901 intra-day that was showing was a significant volume moved for that day........while people must have still bought at amount higher or lower than that.

The closing price would now be the last 100k single unit moved......and if there wasn't any 100k, it would end up on same price as previous.

Thank you for your response. Please educate me further.

So, the last 100k units traded determine the closing price if I understand you.
The interface showed the last quantity traded at the time I purchased was 50 units at a price of 901. The best bid price at the time was 901 and the best offer price was 901. I assume the prices at the time would have reflected the quantities traded as at then.

Dear House, I'd like some clarity on something.

I succeeded in buying shares of Nestle at 930. However, the daily price list for the day of my purchase shows that the intra-day high was 901 which is way less than how much I paid. Is wuru wuru going on or am I misunderstanding something?

Please assist.

drealj:
Pls how can someone terminate sukuk bond .the one of 2027

Sell it. Contact your stockbroker for more information

Tohmey:

Can you pls clearify me with there benefits

I'd prefer you read up on them. I will answer your questions

Tohmey:

Is eurobond difference from dollar mutual fund?

Yes. Please, look them up.

RayRay06677:
WHAT ARE WE EXPECTING IN JANUARY IN TERMS OF BONDS?

HOW MUCH CAN ONE INVEST IN A LONG-TERM BOND OF ABOUT 15% TO COVER FOR A CHILD'S TERTIARY EDUCATION (LIKELY ABROAD) WHICH IS COMMENCING IN NEXT 10YRS.

THANKS.

Your best bet is to invest in a Eurobond and invest the returns into a dollar mutual fund. Alternatively, continually invest in a dollar mutual fund and compound the returns.

Do you have cases and screen guard available?

Good Afternoon

I have a problem with my 2015 Camry. For some reason, whenever I start the car it cranks, starts and then shuts off within seconds. I then have to start it again. Usually happens when I leave it overnight or parked for a few hours.

What could the cause and solution be?

Gazzuzz et al, please help

emmanuelewumi:



This one

Oh wow. Thank you, Sir.
How were these guys,IMG, able to fool everybody involved?

Born2conquer:
How true is piggyvest rumour?

What rumor?

autologic:

This is more like a communication issues and require thorough electrical diagnosis by a tech specialist that understand the rudiments of how this system works . If you are in Lagos, u can contact Autologic @ 08061166316,we are vw/Audi/MB specialist located on Yaba .
For more info :
https://autologic-autocare.business.site/

Propose probable causes and possible solutions.

Thank you

Compliments of the season!

Engine not starting

Got this 2014Audi A6 2.0 TFSI petrol that shut down in transit, the engine just went off but the all the lights were still being powered. Tried turning it on, but it didn’t come on. The lights are still being powered, so the battery is still great.

Just before the shutdown, at a traffic light stop, I switched over to manual to get a feel of what the paddle shifters are like. I admit, there was quite a fumble initially, I missed the shift for some seconds so there was a REV, but quickly got into it, i think I got it to 3 (sequentially Ofcourse ). So when I got to a speed bump, I started to slow down, still changing gears with the shifter and suddenly climbing the bump it just went off. The passenger in the car with me said he observed some smoke coming into the car. I didn’t notice, couldn’t perceive a burning smell, got the car towed, had someone come check it out, he said the starter wasn’t kicking, got a new one, now it’s kicking but the engine is not rolling. Took a further look at the engine, tried to roll the crankshaft but it seems stuck/jammed. Now I’m being told that I might have to change the engine.

Here are some of the codes on the scan

1. 01 - Engine Control Module 1 —— ( 5 )
1.1. U100800
Diagnostic interface for data bus Read out DTC
Passive/Sporadic

1.2. P305400 Starter does not turn
Mechanically blocked or electrical malfunction
Active/static

1.4. P001000
'A' Camshaft Position Actuator Circuit/Open (Bank1) Active/static

1.3. P164D00
Reduced oil pressure switch Malfunction
Passive/Sporadic

1.5. P029900 Turbo/Super Charger Underboost
Passive/Sporadic

6. 19 - Gateway —— ( 1 )
6.1. U105200 Generator No Communication
Active/static

So I would like to know, if anyone has come across this situation and how it was resolved.

GAZZUZZ:


Drain the engine oil and inspect the fluid for metal particles at the base.

Thank you. I appreciate your help
Happy new year to you and yours!

Do you know where a quality engine can be procured?

GAZZUZZ:


Snapped the timing chain. Replace engine.

I'd like to be sure that there are no other solutions as the engine is quite costly. Please advise.

Thanks

Dear Gazzuzz, I'd appreciate your opinion on this problem.

Engine not starting

Got this 2014Audi A6 2.0 TFSI petrol that shut down in transit, the engine just went off but the all the lights were still being powered. Tried turning it on, but it didn’t come on. The lights are still being powered, so the battery is still great.

Just before the shutdown, at a traffic light stop, I switched over to manual to get a feel of what the paddle shifters are like. I admit, there was quite a fumble initially, I missed the shift for some seconds so there was a REV, but quickly got into it, i think I got it to 3 (sequentially Ofcourse ). So when I got to a speed bump, I started to slow down, still changing gears with the shifter and suddenly climbing the bump it just went off. The passenger in the car with me said he observed some smoke coming into the car. I didn’t notice, couldn’t perceive a burning smell, got the car towed, had someone come check it out, he said the starter wasn’t kicking, got a new one, now it’s kicking but the engine is not rolling. Took a further look at the engine, tried to roll the crankshaft but it seems stuck/jammed. Now I’m being told that I might have to change the engine.

Here are some of the codes on the scan

1. 01 - Engine Control Module 1 —— ( 5 )
1.1. U100800
Diagnostic interface for data bus Read out DTC
Passive/Sporadic

1.2. P305400 Starter does not turn
Mechanically blocked or electrical malfunction
Active/static

1.4. P001000
'A' Camshaft Position Actuator Circuit/Open (Bank1) Active/static

1.3. P164D00
Reduced oil pressure switch Malfunction
Passive/Sporadic

1.5. P029900 Turbo/Super Charger Underboost
Passive/Sporadic

6. 19 - Gateway —— ( 1 )
6.1. U105200 Generator No Communication
Active/static

So I would like to know, if anyone has come across this situation and how it was resolved.

Edakun, pls help.

Novartis:
Hello sir, please what is GTbank interest rate on standard savings account as at today

1.25%

Crazeworld:
I don't know maybe this a stupid appeal but Sirs & Ma's, it would be nice if you don't reveal cash transactions on this thread. Not only for the fear of being prey to scammers (I believe they're present here as well), but so you don't discourage young folks like myself by the figures you call. Madam Sholapey decline at a certain offer almost made me lose my hold on my keypad

You have two choices:
1. be inspired. Create a plan and modify as need be
2. be intimidated/discouraged. And do nothing

One shows a growth mindset. The other doesn't.

MimieJay:
So, I am short-sighted. I started wearing glasses 15 years ago officially and that is more than half of my life. WOW!

Well, I’ve gotten used to it over the years so it doesn’t bother me anymore unlike when I just got my glasses. I’d hear stuff like “Oju igo, how far nah?” interpreted as “Four-eyes, how are you?” If you’re one of those people that make jest of people that wear glasses, then, my God will judge you o. Some even called me a nerd. But like I said, I have gotten used to it. I even slay with my glasses, makeup and all.

When I started wearing glasses, I started off as a consistent person but that one is a long story now. Because I avoid wearing my glasses regularly, my eyesight got really worse (what was I expecting, right?). I got used to not being able to see so many things. I even avoided reading billboards altogether.

Even now, I’m still not the regular ‘glasses person’, and considering the fact that the lens of my glasses is pretty thick, I have been playing myself. I get headaches most of the time because I have to strain my eyes and I still wouldn’t wear my glasses *I get coconut head. I no dey hear word*

Last year, after a lot of research anyways, I found out that there is something called LASIK surgery. I didn’t know that something could be done to correct your eyesight. I mean, glasses correct your sight over time or at least not make it worse yeah? But this would permanently correct your sight. Permanently! Yep guys! But I had just one tiny little problem.

SURGERY!

In the eyes!

Ah! What if it goes wrong?

Trust me now, you can relate to this especially if you grew up in Nigeria. So I just waved the whole surgery thought aside that 'ko necestree'. Urmm… I like my glasses. I don’t want to be blind pleaseeee…….

LASIK is a laser refractive surgery that reshapes the front surface (that’s the cornea) of the eyes. It enables light entering the eyes to focus on the retina without the aid of glasses or contact lens. In simpler English, you will see like normal people. It is ideal for patients who are shortsighted, longsighted or those who have astigmatism.

Since I am short-sighted, I opted for LASIK .

Actually, I got to know about LASIK back in Nigeria when someone close to me had his done and for a couple of days, he couldn’t see well and it was just so uncomfortable. Although this went away and he had 20/20 after some days but… I was there. I saw how uncomfortable he was. So I decided there and then that nahh…. this can’t be me.

About a week ago, a friend of mine, here in Dubai had his done and in less than a day, he could see perfectly well. It was that fast! I got gingered and I had to consider it. As luck would have it, where he had the surgery done, they were currently running a Ramadan promo where you pay almost half the actual price. You people will say I like awoof now. But it’s actually a great deal.

I went ahead to book an appointment at the North American LASIK centre here in Dubai and I was told not to wear my contact lens before coming for the surgery. Since I haven’t actually been wearing lens for a while now, I was good to go.

Now To My Experience…

On the day of my appointment, I had to go through a series of tests before the surgery. The first thing was to get my eye-power read. The machine read it to be -6 (minus 6) then a manual test was conducted and it read -5.5. They had to check my prescription glasses as well and it read -5 and -5.5. The doctor goes, “It’s not supposed to read this”. He said two of those readings were supposed to match at least. I almost panicked.

I was then given an eye drop to relax my eye nerves and I went for another test.

It was at this test that I found out I had been wearing the wrong prescription glasses for about 3 years. E shock you?! Me too! I discovered that I should be using a prescription of -3.75 thereabout and the current prescription I use reads -5. I wasn’t sure whether to be angry or happy. Happy because I might not be that ‘blind’ after all.

I proceeded to ask the doctor how I was able to see with the glasses for so long. He told me that my nerves accommodated it and that I needed to get my nerves in place before I can eventually get the surgery done. I was given another prescription and he recommended that I also get daily contact lens, disposable ones.

In short, I wasn’t able to get the surgery done. To think I was already anticipating how wonderful my sight would be and how I would pepper all the haters. It was a sad ending.

Thank you for reading.

You might find endmyopia.org useful. Check them out on Facebook for the support group

Imabong80:
emmanuelewumi, ahiboilandgas & emmasoft and other well meaning gurus in the house

Please I have NTB which I bought at 12.4% worth about 47m maturing on the 13th of August this year. I need objective advise on what next to do as this is my main source of upkeep monthly.

Half plots in Surulere sell for about 12m and people build 1bedroom mini flat and studio apartment on a 2 storey building for about 35m.

Generally rent for such apartment go for 450 to 350k respectively. I visited a site where a developer was doing 4nos mini flat on each floor of the 2storey building. He said he'll be renting out for 400k each In a nutshell, expected returns annually is about 4.5m.

Now that NTB rates has taken a nosedive, would this be a good investment? What are the pros and cons? Any banana peels to avoid? What other investment are available to try that guarantee capital preservation?

dsticks47, Emmasoft

A prospect, perhaps?

Barrytone:


My brother, I only put my money where I understand. I am not in a haste and doing it in bits. I invest every month to gather at the year end, all the monthly investment are savings, its the total I will now think twice and invest in what I understand which am learning now - bond. Thanks for the concern

He might be referring to the Fidelity HYSA earlier mentioned. It's just leaving your money in your account to earn a higher sum.

Boyhood:

The bolded just collaborates and summerized all what Barrytone has been saying..
There are opportunities in the village too if you see an opportunity to cash out in the village, take it and don't follow the band wagon to the city. Just like the saying "what you are looking for in sokoto is right here in your ...... (what's that yoruba word sef?)

....shokoto

CsRockefeller:


Oga, with all due respect you are talking in d nonsense, you are talking d tin that does not have a meaning.

You want people to stay in d village and hussle because you made it there? Rubbish!!

Do u know that Lagos followed by Abuja has the most capital inflow and cash in circulation?

With its monthly allocation, Akwa Ibom is supposed to be a big state on its own, what has your governors done even for the youths there?

Even in d US people move from the country side to d cities of New York, Washington and co.

So you will advice a graduate of mechanical Engineering to stay in let's say in Dallas when he can move to Detroit and make a name and living for himself?

Let me not say more.

Disagree respectfully.

The crux of what he said earlier was that he found his niche in his village. Instead of competing in the big city, he chose to be where he saw opportunity and competition was less stiff. It may not be applicable to everyone but that's his own story.

The moral is that you should open your eyes to opportunities around you with less competition. This strategy was highlighted in a book called The Millionaire Mind by Thomas Stanley

mindtricks:

Please clarify, not clear.

You'll have to deduct 10% withholding tax to know your net return