Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 5:08pm On Jul 08, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:57pm On Jul 08, 2020 |
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Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 4:55pm On Jul 08, 2020 |
dominique: Sorry about that. The red flag on that handle was raised after you went into deal with him. His handle has since been banned and details added into the scammers list. He must have done a few legit trades before deciding to strike because he has been posting since last year on the previous thread. This is why we always recommend trusted escrow always since we can't 100% vouch for any handle. I hope your bank follows this up and help you recover your money. I sent d money through skrill. The money is gone. About 40k, nowahala, some times we loose other times we gain. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:45pm On Jul 08, 2020 |
locodemy: Fide is taking back his position. There will be a strong fight tomorrow btw the two and the fight may take both to full bid all the day.
Ositadinma,your fcmb exit is 1.96.Are you still exiting?
Akakwobeghi kwa beans o. Uche gi dikwara ya. What do u suggest? Oga OGG is in favour of #hold and the market looks set to break the 2.2 barrier. My FCMB has been on auto exit for 1.96, I think I will be extending my exit. Also, the general banking sector looks promising. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 4:28pm On Jul 08, 2020 |
Dominique take note, ur thread is full of scammers. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 4:25pm On Jul 08, 2020 |
IAMANGELMICHAEL: Bro ample2 na scammer, he just scammed me too. He told me to wait for 24hrs; when he stopped responding, I did a research on him and realized his handle has been blacklisted! So sorry to hear your story $150+ please report his account I've done that too Half of the people here are thieves, someone who is blacklisted was allowed to post adverts and no one raised any alarm. Ok, now, nowahala. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 4:22pm On Jul 08, 2020 |
IAMANGELMICHAEL: I swear this ample2 just scammed me oo. Walai!
I didn't check the list of scammers because the deal I wanted to strike with him is negligible! [b]I just checked now! [/b]ample2 na scammer trade with him at your own risk ooo � Please were is dis list. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 2:50pm On Jul 08, 2020 |
All this people way dey post their WhatsApp, half of them na thief. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 2:24pm On Jul 08, 2020 |
Ample2: Don't get my message wrong. I never said it hasn't reflected. I only said your account hasn't been used in sending funds for a long time and I'm not even sure if it's a Nigeria account so for safety reasons and to avoid all the stories that touch here, you will have to wait for 24 hours for confirmation before we proceed. And you agreed. So what's the posting for. You should know that every trader has to start protecting his account if you have been trading here for some time and u have been seeing what is going on. The 24 hours has been over since, guy pay me my money nah. If I call u quickly switch off what is happening? I hope u are not trying to be funny cos I know what to do. Onto 154 usd, howmuch be that sef? Respect ur self. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:57am On Jul 08, 2020 |
naturalflow: all through my life,I have never seen a billionaire chartist but I have seen a few billionaire fundamentalist. A chartis or TA is just a guy who spots and rides trends mostly for shorter time frames. Nothing extraordinary if u ask me.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:50am On Jul 08, 2020*. Modified: 11:06am On Jul 08, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:07pm On Jul 07, 2020 |
Coolcash1: but i warned you people that the stock is overvalued at current price. Its on a downward trend and needs to fall very well before any bullish reversal can occur.
However, you can hold if you are not pressed for cash and wait for it to rise before selling. I can wait, |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 8:00pm On Jul 07, 2020*. Modified: 8:57pm On Jul 07, 2020 |
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Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 5:04pm On Jul 07, 2020 |
arduino: With GTB mobile app it's a straight forward process. The maximum amount you're qualified for is automatically generated(which you can edit) and you adjust the tenure of the loan using the slider, input your four digit pin code. Shikenan...... Sir, the amount u where qualified for, was it a fraction of your savings at the time? If so, what was percentage in relation to ur savings at the time? No vex. |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 4:54pm On Jul 07, 2020 |
NL1960: I doubt the banks consider only inflows to arrive at what is due to you as loan. At a point in time, i had N1.5m showing as amount i can take as loan. I used to leave a large sum in my salary current account. Then i started moving out the money a day or two once the salary enters to accounts in two different banks. I then noticed that the N1.5m dropped to about 600k. Then i started moving some part of the left over in the salary account to my kids accounts. I noticed that the amount further dropped to below 100k. Meanwhile, the salary has not changed and it is still being paid to the same account. I also observed this same trend with another staff in another bank.
This shows that the banks do not use only inflows. The banks cannot be that foolish to use only inflows that do not stay in the account for more than a day. You think say banks no get sense?.
Those days, when banks were using only balances at the end of the month to compute savings interest, some 'smart' guys will go and borrow money and overload the account at month end to earn high interest amount. Then interest on savings was as high as 15%. On the second day of the new month, the person goes to withdraw the amount deposited and interest. He returns the borrowed amount to his friends and go and flex with the interest. This is no longer possible because interest is now computed on daily balance.
As i said earlier, a lot of parameters go into computation of the loan amount due to a person. Bro, did you take the loan? How many people will take such loan when it is apparent they don't need it? I have 10 mil in my account for a very long time now u as bank decide to offer me 4 mil as loan because of my balance, why should I take it and be paying interest when I can use my idle money? If that is how they go about it they wont get enough people to go with it. Concerning default, most salary accounts have a consistent payment period every month, mine does. So how can I default when salary goes through the bank first? Risk to them could be seize in salary and that is where they should do their homework. Anyway, all this based on my rational thinking and I am probably wrong. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:29pm On Jul 07, 2020 |
Compliance Status
The NSE use 3 character codes to indicate the compliance status of listed companies at any point in time.
MRF BSL MRS DIP BFM AWR BRS
I think CG+ means everything is fine? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:16pm On Jul 07, 2020 |
locodemy: But they notified Nse and the investing public concerning the challenges they will encounter in the remaining session of the year.I remember that of Julius Berger too.
Why are people crying on their head now? I am not crying o, if you have noticed I am kind of new to this game, I dey learn as I dey go. This Corona period has really benefited my financial education and finances. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 2:06pm On Jul 07, 2020 |
Krisuba: Mehn . I bought at predivident at 26. My aim was growth oo. No fund to average down!! I understand ur predicament. Na so I buy CAVERTON for testing and it has lost 27% since. Na 250k dey there, I don forget am, If it wants make him drop by 70% no wahala. Lol. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:51pm On Jul 07, 2020 |
locodemy: That's the consolidations am talking about.Will soon brk out. FCMB dey do like Yo Yo, person way dey collect 2 to 3% untop trade charges for don chop like 15% plus. Enter at 1.7 discharge at 1.79, it has done this brake dance alot o. |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 1:20pm On Jul 07, 2020*. Modified: 1:35pm On Jul 07, 2020 |
NL1960: It is not an emotional thing of who needs the loan the most. It is a business decision and there is no emotions in business.
The vanishing might be that it is moved out to other accounts in other banks. Do not forget that the bank knows where every transfer made goes to. So why should a bank send you an sms or email when they do not even have an amount to work with?.
Look at this example:
Balance at start of day: N1,000.00
Salary Inflow: N100,000.00
Outflow: N100,000.00
Balance at close of day: N1,000.00
Net change: Balance at close of day - Balance at start of day = N1,000.00 - N1,000.00 = 0
Loan amount to be given: = Net change * parameter1 * parameter2 * parameterN = 0 *parameter1 * parameter2 * parameterN = N0.
So you want the bank to send an sms alert or email to the customer that he/she is due for a loan of N0?. If the deduction is automatic on salary credit then balance factor is of no significance. Is the inflow that is d most important factor not balance. I can decide to suddenly withdraw d attractive balance or change my pattern. I used to have large balance as result of left over from salary, now I keep not more than 50k. In d case u stated above d scenario could probably be 10% or less of ur monthly income by 3 years, giving u have been earning same in d last 5years or more. 10% of 100,000 x 12 x 3 = #360,000 |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 11:08am On Jul 07, 2020 |
CsRockefeller: I don't want to sound sexist here or deviate from d topic but if you go back in time and study the creation of man according to each legend (The Christian perspective, Panku, Nono and Oboli, Oduduwa and co)
You will agree with me that there are lots of benefit in having a male child.
In a perfect world, d sex of a child won't matter, but we ain't in a perfect world. A) Ensures ur family name lives on. B) Ensures ur wealth, inherited or not, stays in the family. C) Ensure a potential and financial backup in ur later years. D) Recognition from people who care about such things.  |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 10:53am On Jul 07, 2020 |
rationalmind: Not sure it has ever stayed up to 30 minutes in that account. I like to think that my ATM/account one way or the other could be compromised so once the money enters, I move 70-80% to mf and survive with the remaining till the month end.
That way, if anything happens to whatever is left, I won't lose nuch sleep over it.  Very reasonable, why keep it when you can make some returns on it in the mean time. I dump mine in stocks. I am building my stock portfolio. |
Investment › Re: Treasury Bills In Nigeria by ositadima1(m): 10:50am On Jul 07, 2020 |
NL1960: The banks use several parameters to determine what you are qualified for. So if your salary is always 'vanishing 30 minutes' after it is paid, the amount you are qualified for will likely be too small to waste time sending you an sms or email.  Funny thing is that someone whose salary "vanishes in 30 minutes" needs the loan more than someone who hardly touch his salary. It is supposed to be based on how much salary received and how long that salary level has been coming in because after all the monthly deductions are automatic, they take their own first. |
Travel › Re: Lady Dies In A Fatal Accident In Suleja. Do You Know Her? (Disturbing Photos) by ositadima1(m): 3:39pm On Jul 06, 2020 |
Christy8906: Still appealing for little financial assistance just for me to have what to eat, food stuff will be appreciated, thanks and may God bless you. Any amount will go a long way please. Send me a PM |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 1:32pm On Jul 06, 2020 |
Ample2: Don't get my message wrong. I never said it hasn't reflected. I only said your account hasn't been used in sending funds for a long time and I'm not even sure if it's a Nigeria account so for safety reasons and to avoid all the stories that touch here, you will have to wait for 24 hours for confirmation before we proceed. And you agreed. So what's the posting for. You should know that every trader has to start protecting his account if you have been trading here for some time and u have been seeing what is going on. No problem for me, I will wait for 24hrs. |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 1:20pm On Jul 06, 2020 |
dominique: Did you successfully deal with that fellow? His posts have scam written all over them Hello Dominique, I am using this guy below: Ample2: AMPLE SERVICES IS YOUR FIRST STOP FOR ALL YOUR ECURRENCY EXCHANGES
CONTACT US THROUGH OUR SIGNATURE FOR AN EXCELLENT AND PROMPT SERVICE. BOTH BIT AND BULK FUNDS IS TRADEABLE WITH US. I have sent him usd via skrill to skrill, on my end skrill says the transfer was successful as usd was debited. He is telling me that because I haven't sent usd in a long time we have to wait 24 hours for the usd to reflect in his account. Is this how it works? Thanks for d concer. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:04pm On Jul 06, 2020 |
gold360: Good afternoon sirs and madams.
Please if one is given a loan of N780000 to pay back N1044000 in a period of 36 months.
How can he calculate the simple interest rate and also the compound interest rate ?
Thank you my people If Compounded Interest 1,044,000 = 780,000 × (1 + X)^3 X% = ((1,044,000÷780,000)^(1÷3))−1 = 10.2% p.a If Simple interest Y% = ((1,044,000 - 780,000) ÷ 780,000) ÷ 3 = 11.28 % p.a |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 10:59pm On Jul 05, 2020 |
Mko08: Come let me give you 0.013 worth of btc 0.016 |
Business › Re: ➜ ➜ ➜Currency/E-currency Market Deals 2020 ➜ ➜ ➜ by ositadima1(m): 9:32pm On Jul 05, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:49am On Jul 05, 2020 |
Coolcash1: What were the banks CEOs thinking when they agreed with the CBN to increase the CRR to 27.5% at the January MPC meeting. I presume they didn't think it through and thorough impact analysis was not done before signing off on the adjustment. And you have a better insight than the professionals in their business. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 8:03pm On Jul 04, 2020*. Modified: 8:43pm On Jul 04, 2020 |
Ok |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 6:38pm On Jul 04, 2020 |
I got this from FCMB. The picture looks a little blurry as i snapped that part from a PDF, and my editing skills is shit 
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