₦airaland Forum

goldbim:
Big lie! I was there and what he said was God won't force you to pay tithe but those that are doing it know why they pay it..even some pay 25/50/90 percent tithes!! Please, nobody should misinterprete Dr Olukoyas word!!!

You are the liar here.

He said paying tithe and first fruit offering are not compulsory. He however proceeded to say that if you have faith in God, your faith would naturally hold you to a higher standard in your walk with God that paying tithe would not be your problem.

Please get today's message if you're in doubt.

What do you believe as a Christian? Pay or not pay? Your GO should not determine your stand but the Bible.

murphyrichy:
Thanks to you all for enlightening me, I wrote to UBA on the 16th of August indicating my interest in 91 days of TB. Today being 28th of August, I was debited at rate of 13.7% which seems good to me.

I am responding to this message to make clear two themes that I thought everyone here is conversant with and they are that:

1. First Bank offers secondary market bills with the best rates in Nigeria. They have tenors from 30 days to 300+ days on offer every day. In any case that you don't get your tenor of choice on a particular day, it will be available on your next return. With FBN, getting 17+ is very possible on tenors below 90 days.

The implication of the foregoing is that no one should be looking at the primary market for tenors that offer less than 17%.

2. Stanbic IBTC offers the best rates for Treasury Bills when it comes to primary market. So for the 182+ tenors that offer 17+, you should be looking at Stanbic.

Assuming we are all here to make money, I see no reason why anyone should be romancing the other banks that are below competition. Especially when it takes nothing to open an account with a bank.

I was at FBN headquarters last week and got 17% for 91 days in the secondary market and I chose the option of reinvesting the interest. That move is 100% what I learnt from here.

My first bank account was opened and finalised last week. You know my branch? The Stock Exchange Branch. Why the Stock Exchange branch? Emmanuelewumi has an account with them and he mentioned it here. Why did I choose the Head Office branch to invest in Tbills? To avoid being tossed around by my branch, an experience many have posted here.

So you see, I took advantage of the info I gleaned from here.

Mr Murphy, along with anyone that is intending to make suboptimal decision as this, let this be your guide.

And lest I forget, I was debited same day after I was told what was on offer at that moment and filled the form.

emmanuelewumi:
Gurus in the house, for a stock to be listed what percentage of the company's shares will be available to the public?

I know you're asking this question because of the holding analysed below.

emmanuelewumi:
Dangote Industry Limited own 91% of the company, Dangote's friends, family and top management of Dangote group own another 7%.

The amount available for trading is just 2%. If Dangote and other insiders should reduce their total holdings to 70%, except the share price of the company to plummet.

It is a good company, but I am not sure if it is selling at a good price.

For a company to be listed on our bourse, it is required to have a free float of 20%. So at least 20% is the volume that must be available for the public.

However, the Exchange tweaked that requirement to serve an interest by creating what they called the premium board. With the premium board, value is used to determine the free float and it is just 40 billion naira.

The foregoing means that at 200 naira per share, Aliko is only required to make 200 million shares available to the public. With an outstanding shares of 17,040,507,405, only 1.2% is available to the public. Keep in mind the percentage is price dependent and will shrink if the price goes up and vice versa.

What this technically means is that he can take out every other shareholder and leave the Dubai fund and he'll still be within regulation.

Happy several new years to you guys.

A40:
So far the Warriors came out flat. Not playing at all like a home team in a Game 7 or maybe they don't know home teams can also lose.

Mizzzbeee:
Was talking to a Lebron's fan boy the other day... The guy ddn't know anything about bball just said he hates Curry's hype and wants him to fail; Princess Lebron would win his 3rd ring. I said let's talk fact and stats, he was like he doesn't care. I was like WHAT I agree most if not 80% of Lebron's fans no nothing about bball

Many things happen by chance but being an MVP is not one of them. You don't argue with such people.

19 - 24
23 - 24

42 - 48 1st half

The game is still open but OKC have put up a good fight so far.

#noklaymagictonight

Where are you guys

Mr triple double holding it down.

Value bet.... stake on Chelsea to win the league at an odd of 17, watch that odd drop to circa 5 when they get to top 10 or even top 5 and then cash out.

You've got to be in for the long haul, but it'll definitely pay.

https://www.youtube.com/watch?v=jCya1yiFFP4



https://www.youtube.com/watch?v=Oe1WYekn1XE

MizMyColi:
Good for them, if true.
It's about time.

btw, the DPR seems to have been effectively carrying out their duties, [size=14pt]long before Buhari won the elections.[/size]

http://www.thisdaylive.com/articles/new-fuel-price-fallout-dpr-shuts-down-10-petrol-stations-in-kwara/199744/

http://www.informationng.com/2015/01/why-we-shut-60-petrol-stations-in-akwa-ibom-dpr.html

http://nationalmirroronline.net/new/nscdc-dpr-shut-petrol-stations-in-kaduna/

They have taken the fight to the centre, instead of wasting time and resources shutting stations.
Whether it is upstream, downstream, gas or laboratory sector that is found defaulting, they surely dance to the music.

So why making it seem like it's a novelty by saying

Can we now agree for once that the promised cosmetic change is a farce?
Isn't it becoming glaring that transformational change is the real deal?

Hi Coli..... Its an unbiased fan here.

You have moved from the Coli we use to know since you decided to take political side on this board.

Being a new area of interest, you sound naive and most times far from the reality on ground.

You are far wiser than this and avoiding political discussions on this board will do you good.

Send me a PM if you don't mind and i'll talk you through some hard facts.

Many thanks...

Alpari (UK) Limited (in special administration) completes sale of client data to ETX Capital

Richard Heis, Samantha Bewick and Mark Firmin, Joint Special Administrators of Alpari (UK) Limited (in special administration) (the "Company", are pleased to confirm that an agreement has been reached for the sale of the available client data of the Company to ETX Capital (“ETX”). An initial consideration has been received for such client data and an additional amount may be received for each client of the Company who chooses to deposit funds with ETX.
ETX will shortly be contacting clients of the Company offering them the opportunity to open an account. In due course, ETX will also be in contact with those clients with a claim in the special administration in order to provide details of a mechanism to direct their funds into their newly opened ETX account, should they wish to do so.
Please note that timing and quantum of client money distributions in the special administration will not be affected by whether clients choose to make deposits into their newly opened ETX account.
Following substantial initial interest in the Company's client list, we are pleased to have now concluded a sale, as we continue to work to seek ways to maximise the level and speed of return to clients and creditors in accordance with our statutory duties.
For a full copy of the press release, please visit the Joint Special Administrators’ website – https://www.kpmg.com/uk/alpari
Please note that the Joint Special Administrators, acting as the agent of the Company, may process the personal information the Company holds for the purposes of the special administration and complying with their obligations under applicable laws and regulations, as well as any other purposes for which clients have provided personal information to the Company. These purposes may include those set out in the client agreement with the Company and its privacy policies made known to clients. This may include the transfer of personal information to another company including ETX as part of the Joint Special Administrators' efforts to maximise realisations for clients and creditors. The Joint Special Administrators have taken and will continue to take measures to safeguard client information, including by requiring any company to whom they may transfer or have transferred personal information, including ETX, to have in place adequate security measures to prevent its unauthorised or unlawful use, and to otherwise comply with applicable data protection laws, including the Data Protection Act 1998. Any such company including ETX will also be required to inform clients of the purposes for which it will use their personal information.
If you have any queries, please contact alpariukclaims@kpmg.co.uk
Kind regards
For Alpari (UK) Limited (in special administration)
Samantha Bewick
Joint Special Administrator

Marseille Vs Lille; 11 corners first half, 0 corner second half.

omaojo1:
My Oga, the warnings were for the good of all. What is happening now is a retracement and if you know what it means, it makes for good exit opportunity.

The thing here is that some people see beyond what you are told by the CBN, Ngozi and co. Until there is the hope of the oil price trending back up, all will not be well with your country. Think devaluation of the naira and its consequences on the equities market.

This market is still not going anywhere, look to start investing again from Q2'15.

omaojo1 post=27989885:
Brent just seen at 77.26 greenback, will OPEC's Nov 27 meeting save the plunge?
I don't think there is much you can do when you control 40% of production, not when your largest producer is ready to cut prices to retain market share.

It has not started and they are complaining https://www.nairaland.com/1995610/naira-now-172-naira-dollar/3

And this classic from a fellow soldier in the biz of hunting pips.

honeric01:
If you have cash, start hoarding dollars, by Jan-Feb Next year, naira to a dollar should be around N190-N220.


Quote me.

Brent just seen at 77.26 greenback, will OPEC's Nov 27 meeting save the plunge?

I don't think there is much you can do when you control 40% of production, not when your largest producer is ready to cut prices to retain market share.

Aks:
It is Ludicrous to see that GUYS writing epistle over epistle when there was BEAR just vamoose into thin air NOW that the situation is looking better

My Oga, the warnings were for the good of all. What is happening now is a retracement and if you know what it means, it makes for good exit opportunity.

The thing here is that some people see beyond what you are told by the CBN, Ngozi and co. Until there is the hope of the oil price trending back up, all will not be well with your country. Think devaluation of the naira and its consequences on the equities market.

This market is still not going anywhere, look to start investing again from Q2'15.

I vote for Vivly

Whom the gods would destroy, they first make mad

omaojo1:
In other news, seems you guys are not watching the index, it has touched 35,000 points today. The market is currently down 2.4%+. Anyone on the offer on Dangcem? Look at it and go figure where we are headed. The worst days are not here yet.

Dangcem finally felled by 5% and the index is down 4%+.

Dexterax:
Bruv......barring any unforseen events and forward-looking paragraphs, myself and a few others were waiting for oando at NGN 8.00. However, a friend was kind enough to shift the entry price to NGN 2.00.

My oga, if the 2 naira should happen by end of November 2014, I will close my eyes and allow it pass. Where is the NSE with the NGN0.01 plan?

The decision to buy should be tied to time and not price. A Transcorp at 50kobo today is costlier than a Transcorp at 50kobo in March when the naira would have depreciated in value. Cash is king but cash in dollars is a double star king.

In other news, seems you guys are not watching the index, it has touched 35,000 points today. The market is currently down 2.4%+. Anyone on the offer on Dangcem? Look at it and go figure where we are headed. The worst days are not here yet.

In another development, the all parties meeting for Oxygen's rights is to hold today. Barring last minutes changes, they are still bent on coming at 22. I gave an unbiased opinion to someone not to buy it today and he went ahead and mopped 500k units at a 'faster rate' when the offer was building up earlier on. Now, there are over 4million on offer and I know he will beg to sell at maybe 10 naira.

All hail brent.

Volatility is now the order of the day.

I no fit shout.

bigass:
If you are to buy only one stock right now.which stock will that be.

I will buy Bigass. Please what is that there biz again, plus their directors and closure date?

Madam, hold your money, the worst is yet to come.

kotlass:
Can someone pls explain how the N1.43 EPS was arrived at? Seems EPS= PAT/OS no longer holds or the OS can now be varied at will. Ditto GT Bank eps.

The EPS is 99kobo, Proshare was generous to give them 102kobo. In a bid to make the result attractive, they annualised the EPS. Even at that, the annualised EPS due to the owners should be 1.33 and not the reported 1.43.

passwelle:
Outrageous trade of the day award goes to the individual who put up for sale 1 unit of Unity!

kotlass:
I don't read it as an individual putting up 1 unit actually but a residual unit of a buy/sell mandate.

passwelle:
Maybe so. Either way, na bad market for the seller .

The 1 unit sale was actually a stand alone offer at that level. The stock is on offer and therefore will swallow any bid. Going by the trade time stamp, those trades were filled as follows; 64,571 first-the best market at that time, the 1 unit next and then 35,428 to make it 100,000 units.

Assuming 35,428 is not a whole offer, the balance will be the best market after this 100,000 units got filled.

omaojo1:
Foreign investors sighted at Heathrow, they heard their darling is on offer at 20.71 so they are coming to mop up at a fast, faster, fastest, and speed of light rate.

Seems the investors just arrived. The oxygen was last seen at 21.80.

Foreign investors sighted at Heathrow, they heard their darling is on offer at 20.71 so they are coming to mop up at a fast, faster, fastest, and speed of light rate.

naijababe:
Thanks, I guess it will be a stretch to ask if there are on line brokers you can open an account and trade virtually?

Morgan is an online broker, you can trade real-time too. As for trading virtually, this is not forex so you have to fund your stockbroking account before you can buy.

Checkout morgancapital here: http://www.morgancapitalgroup.com/. To open account, just fill in your details here http://www.morgancapitalgroup.com/open_an_accout.php and click the submit button. You'll receive an account opening package and voila babes.

naijababe:
Where do you guys monitor prices? In there an online data feed ?

Hi babes, so you de reach this side.

You can monitor prices on Bloomberg and the NSE site. You can as well open an account with Morgan to view the market live.

I am migrating to dollar till after the elections - flight to safety. How oil, DAX and Dow?

I know you contributed in pushing the Dow down on Wednesday

passwelle:
Pls did anyone notice the last trades of FO in the dying minutes of the market yesterday? It was trading at c. NGN202 up till 2.26pm if memory serves me right and I missed the last few trades. Or did they come with market makers?

Good day my Oga.

No, the only price movement was from 209 to 218 during yesterday's session. Yes, it even went on offer at one point and traded at 198+ but volumes at that level were all less than 10k and therefore could not move the price.

So, even when those trades were happening at around that N200 level, the registered price was 218. It was moved to that level before 11am yesterday.

Big ups on your close watching.

project50:
there was 1 guy on facebk i knw b4 he had 120k peeps playin his games if he paste an odd of 1.40 b4 2hours bet365 wil reduce dat odd 2mayb 1.20 so d more ppl play dsame game d more bookies kil dat game so he is rite in a way

Oga sir, odds movement is a normal occurrence and it could go either way. Even the books don't know the outcome before hand and mind you, those movements are a product of programming.

Was it the guy that also gave tips to his over 120k followers on FB that all use B365 to back Poland to win Germany that dropped from 6.5 to 5.75? Maybe yes. How would now explain Nigeria to win that dropped from 1.73 to 1.53 and we lost while the odd for Sudan moved from 4.44 to 6. So you see, they are all not cast in stone.

dollarking:
it a known market ,u might even know d market but fail 2see d secret, it just dat there is a secret inside d maket dat i found out. so til i enjoy b4 reveal it

dollarking:
yes it jus talk wait til i post and upload my 1mil slip b4 u wil believe and dat is wat am gona do soon in sum month time

Mybettingtips:
Are you jonsing or wot? You mean bet365 may close the market if too much guys join u.. This is really funny. how much are u winning that will make bet365 to do something like dat.. So u tink bet365 is just one useless betting site which ur profit can bring down easily.. Bros keep on dreaming....
Funny ppl here..

I was wandering myself. Like seriously, is this dude for real?

First, there is nothing like a sure market. By sure you are saying it is 100% given, thus invalidating the whole essence of this probability business. Again, I laugh when he said his target is to hit 1 million naira before revealing the market. That amount is less than 7k dollars the last time I checked.

A company with over 14 million users across 240 countries; based in the UK, pays tax in millions of pounds; over 17,000 servers; building a 30 million pounds new headquarters to be completed in 2016; a gaming turnover of 1.3 billion pounds for the financial year ended March 2014; with 2014 profit coming in at 213.8 million pounds.

Dude should look for another lame excuse. Like I said earlier, there is no holy grail in this probabilistic venture. The holy grail must always be along the lines of patience, money management and focusing on a market that suits you. And trust me when i say a market that suits you, with focus and determination, even the widely critcized 1x2 market could become your area of core competence.