PharmAlfred:


UBA man. I can see you are happy . Just pray for Mr market to smile on you

I don't care much about how the market will react now. If it goes down, I buy more. By year end the true value must reflect.

emmanuelewumi:
H

It depends on the fund at your disposal and the bank you use. Money market instruments include Treasury Bills, commercial papers, fixed deposits, bankers acceptance. Treasury Bills are currently the instrument with the highest return followed by commercial papers. MMF invest in most of the instruments but TB takes about 70% or more of their portfolio.

First Bank and Stanbic IBTC accept 100k for TB, while other banks, stockbrokers and Investment bankers accept N1 million and above.

But with money market mutual fund you can start with just 5k.

@Pa Ewumi, please where/how does one get commercial papers to buy? I want to diversify. Thanks

leo1234:

I don't care much about how the market will react now. If it goes down, I buy more. By year end the true value must reflect.

Infact I pray for Mr market to ignore this UBA result till month end when I will have money to mop up wella!!

feelamong:


Infact I pray for Mr market to ignore this UBA result till month end when I will have money to mop up wella!!

- d weekly RSI remains above oversold levels, its going to keep testing and breaking prev highs on d daily and weekly.
- the days of trading below N10 are numbered !

Barging hunters are still waiting at N5

holy bears

fxuser:



- d weekly RSI remains above oversold levels, its going to keep testing and breaking prev highs on d daily and weekly.
- the days of trading below N10 are numbered !

hotcake:

@Pa Ewumi, please where/how does one get commercial papers to buy? I want to diversify. Thanks

Consult your stockbrokers or Investment bankers. You should start with Treasury Bills because the rates are about the highest as per money market instruments. You will need N10 million and above for commercial papers.

Treasury Bills can be bought everyday through the secondary market.

hotcake:

@Pa Ewumi, please where/how does one get commercial papers to buy? I want to diversify. Thanks

This might help...https://nairametrics.com/nigeria-meaning-of-commercial-paper/

emmanuelewumi:


Consult your stockbrokers or Investment bankers. You should start with Treasury Bills because the rates are about the highest as per money market instruments. You will need N10 million and above for commercial papers.

Treasury Bills can be bought everyday through the secondary market.

Please oga emma stop this here, let's talk only about stocks here . @ Poluto09 what's the way ? what's the name of the road/hause you are now ? .

ihedioramma:
Please oga emma stop this here, let's talk only about stocks here . @ Poluto09 what's the way ? what's the name of the road/hause you are now ? .

I like uba with the latest result. Entry below N10 will be good.

I am buying fidson again. My entry price is N3.05 on the average.

Dangote flour holds good promises. I am done with buying with an entry price of N6.05 on the average.

Watching presco and okomu to enter at a very attractive price.

emmanuelewumi:


Consult your stockbrokers or Investment bankers. You should start with Treasury Bills because the rates are about the highest as per money market instruments. You will need N10 million and above for commercial papers.

Treasury Bills can be bought everyday through the secondary market.

Coolcash1:


This might help...https://nairametrics.com/nigeria-meaning-of-commercial-paper/

Thank you all for the info. Very grateful

ihedioramma:
Please oga emma stop this here, let's talk only about stocks here . @ Poluto09 what's the way ? what's the name of the road/hause you are now ? .

feelamong:


Infact I pray for Mr market to ignore this UBA result till month end when I will have money to mop up wella!!

Do you think UBA is a good buy at all time high ?

fxuser:



- d weekly RSI remains above oversold levels, its going to keep testing and breaking prev highs on d daily and weekly.
- the days of trading below N10 are numbered !

I seriously doubt that....

pluto09:


I like uba with the latest result. Entry below N10 will be good.

I am buying fidson again. My entry price is N3.05 on the average.

Dangote flour holds good promises. I am done with buying with an entry price of N6.05 on the average.

Watching presco and okomu to enter at a very attractive price.

oops, mine is N1.39 down from the listing price of N8

bigjay01:


oops, mine is N1.39 down from the listing price of N8

This is my 2nd journey in fidson this year.
I bought at N1 early this year and sold at N2
I have reviewed the q2 result and i consider it a good buy again at N3.

feelamong:


Infact I pray for Mr market to ignore this UBA result till month end when I will have money to mop up wella!!

Bitcoin loot?

pluto09:


I like uba with the latest result. Entry below N10 will be good.

I am buying fidson again. My entry price is N3.05 on the average.

Dangote flour holds good promises. I am done with buying with an entry price of N6.05 on the average.

Watching presco and okomu to enter at a very attractive price.

You too much but remember school fees bear and bewere of uba is like time to go back small, small below #4 .

ihedioramma:
You too much but remember school fees bear and bewere of uba is like time to go back small, small below #4 .

In my dictionary there is nothing like school fees bear.
Any time I come across a good stock selling at an attractive price, I just buy provided I have the money. It could be August, September, may or January ,I care less about the month.

pluto09:


This is my 2nd journey in fidson this year.
I bought at N1 early this year and sold at N2
I have reviewed the q2 result and i consider it a good buy again at N3.

This is what I call 'DEFENSIVE INVESTING'.
when unsure of the enemy's position, preserve your weapons.

ihedioramma:
You too much but remember school fees bear and bewere of uba is like time to go back small, small below #4 .

UBA below #4 because of School fees bear?? How do you come up with these figures you throw around sef?

Stock Analysis: Zenith Bank Sets for Impressive FY-2017 Performance Amid Credit Loss Pressure
https://www.businesspost.ng/2017/08/25/stock-analysis-zenith-bank-sets-impressive-fy-2017-performance-amid-credit-loss-pressure/

Please can anyone tell me why UBA closed below yesterday's closing price, I thought it was supposed to GI higher

Please can anyone tell me why UBA closed below yesterday's closing price, I thought it was supposed to go higher

I am suprised too, this NSE market is so unpredictable.

emmanuelewumi:
It appears you not in market in 2007 when the prices of dead companies moved from N0.50k to N12.00

Afroil a company without a known address due to quit notice as a result of 5 years rent payment default enjoyed a 1000% price appreciation.
On fundamentals will always prevail

Please, Pa Emma how do you see the below stock recommendation.

https://www.businesspost.ng/2017/08/21/stock-watch-top-recommendations-week-august-21-2017/

Zenith bank dividend has landed to my account.

Manonamission:


UBA below #4 because of School fees bear?? How do you come up with these figures you throw around sef?

Tell me what i will reply you ? .

pluto09:


In my dictionary there is nothing like school fees bear.
Any time I come across a good stock selling at an attractive price, I just buy provided I have the money. It could be August, September, may or January ,I care less about the month.

Well not that uba is not good but i can't buy the price now .

ihedioramma:
Well not that uba is not good but i can't buy the price now .

But Ihedioramma, comparing GTB and Stanbic bank EPS, I think Access and UBA should be selling @ #20.

ihedioramma:
Well not that uba is not good but i can't buy the price now .

No problem. You can fix your own entry price.