Tyche:


My experience is using 4 seals, one each for the three opening on top and one for the discharge compartment. The chance of theft will be very low is this is done

Even if you use four seals, you have to communicate the seal numbers to customers. I know few drivers know how to tamper with seal without being noticed. I don't how how big you are, but u can invest in cameras.

emmanuelewumi:



You should have bought the bond through the secondary market

Afrinvest agent told me they don't do crowd funding for bond and I was stressed and don't want rerouting the money to another substation. I really dont need to win all the time. Next time, thanks for the insights to investment

delawal:

I know u re not d only one in oil and gas Biz. ask others what they are doing to curb this menace and do it with them. people who start with one filling station are building more stations and expanding. u cant tell me they suffer such loss as u claim and are expanding. every Biz get secret so try and master yours.
people are doing Biz and progressing in many sectors. so d scared ones should dig deeper

PMS is different from AGO. For PMS you are not taking it to customer's site it is suppliers that will bring it to you. That way, the risk is on the supplier cos you must have had an agreement to pay for the physical quantity received only. Other the other hand, if a company is doing self collection i.e you go and receive the product yourself, they normally have a certain percentage they accept for leakage or evaporation. If the driver comes with something greater than that as loss, the driver will be debited straight. No story.

Jankara problem needs jankara solution. But before you start debiting drivers anyhow make sure you calibrate your tanks, weighbridge.

Barrytone:

Afrinvest agent told me they don't do crowd funding for bond and I was stressed and don't want rerouting the money to another substation. I really dont need to win all the time. Next time, thanks for the insights to investment

Do you have a Stockbroking account with Afrinvest?
If you want to be a partaker of opportunities in the bond market, I will advise to have a Stockbroking account with Stanbic IBTC Stockbrokers.

OgogoroFreak:
Interesting... So, you just walk into any bank and request to invest in Zenith bank commercial papers? I mean, what are the requirements?

Its seasonal. They advertise and you apply. Union bank own will end today. Commercial papers are Tbills isdued by companies and not central bank but must have the approval of central bank.

That's the little I know, gurus can explain further

Diyke4rich:
Good morning everyone in the house, I called firstbank yesterday the person who spoke to me said firstbank is no longer selling shares how true it's.

If you are interested in buying shares I advice you. Read! Read! Read! and Read again before you venture into it. Take advantage of threads like this and other sites that talks about investment you will be fine. For your information shares of all listed companies banks inclusive can be bought and sold (traded) everyday at the floor of the NSE except weekends and public holidays.

TissuePaper:
damn, boss 5percent is too small na

That money has been lying fallow since november and i need to pay school fees. Am not a desperate investor, i keep saying that i dont need to much money but enough to pay my bills like the 5% is about doing. My major interest is preservation of capital. Thanks for the love.

Barrytone:


Its seasonal. They advertise and you apply. Union bank own will end today. Commercial papers are Tbills isdued by companies and not central bank but must have the approval of central bank.

That's the little I know, gurus can explain further

Yes regulated and approved by SEC and CBN.
Instead of getting overdraft and other working capital facilities at 16%, their investment banker will package a commercial paper for them at 6%.

Instead of getting a long term loan at 16%, corporate bonds can also be packaged at 12%

emmanuelewumi:


Do you have a Stockbroking account with Afrinvest?
If you want to be a partaker of opportunities in the bond market, I will advise to have a Stockbroking account with Stanbic IBTC Stockbrokers.

Thanks and how do you go about it. I have savings account with stanbic and opened Afrinvest account recently

Barrytone:


Thanks and how do you go about it. I have savings account with stanbic and opened Afrinvest account recently

Find out from them if they can help you with the purchase of FG bonds at the secondary market. The rates are a bit lower than what is obtainable from the primary market.

The key word here is "preservation of capital".
I personally subscribed
for short term investment not minding the low rates just to give room for navigation should the hand of CBN clock turns to my direction.
At the moment, I believe secondary market of Fg bond rate will not exceed 11% and locking up cash for 5 years or thereabout at this rate is not a nice idea.

isangjohnson:
The key word here is "preservation of capital".
I personally subscribed
for short term investment not minding the low rates just to give room for navigation should the hand of CBN clock turns to my direction.
At the moment, I believe secondary market of Fg bond rate will not exceed 11% and locking up cash for 5 years or thereabout at this rate is not a nice idea.

You can sell at the secondary market

isangjohnson:
The key word here is "preservation of capital".
I personally subscribed
for short term investment not minding the low rates just to give room for navigation should the hand of CBN clock turns to my direction.
At the moment, I believe secondary market of Fg bond rate will not exceed 11% and locking up cash for 5 years or thereabout at this rate is not a nice idea.

You can sell your Bond in the Secondary Market and a Bond of 10yrs should give you around 14%

richforever123:


You can sell your Bond in the Secondary Market and a Bond of 10yrs should give you around 14%

A little higher than 14%

10 years?

I'll like to check short term investment platform for Stanbic IBTC Stockbroking firm.
Please do they have office in Kaduna?

emmanuelewumi:


Do you have a Stockbroking account with Afrinvest?
If you want to be a partaker of opportunities in the bond market, I will advise to have a Stockbroking account with Stanbic IBTC Stockbrokers.

To open a stock account with Stanbic you will need N5 million. Yes! You heard me well.
N5 million in cash or stock value.

richforever123:


You can sell your Bond in the Secondary Market and a Bond of 10yrs should give you around 14%

you mean I will not have access to my money for 10 long years and I will gain only 14percent... Preposterous

faoogoke:


To open a stock account with Stanbic you will need N5 million. Yes! You heard me well.
N5 million in cash or stock value.

Would the 5m be used to purchase the bond?

TissuePaper:
you mean I will not have access to my money for 10 long years and I will gain only 14percent... Preposterous

14% every year for 10 years.

Barrytone:


Thanks and how do you go about it. I have savings account with stanbic and opened Afrinvest account recently

Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can.

OgogoroFreak:
14% every year for 10 years.

gr8, this is a way better bargain given how badly tbill rates have fallen

faoogoke:


To open a stock account with Stanbic you will need N5 million. Yes! You heard me well.
N5 million in cash or stock value.

Not only Stanbic IBTC Stockbrokers, FBN Quest securities, FSDH securities and quiet a number of others will need a minimum of N5 million

needful:


Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can.

It is still less than 1% which is not bad if it is a stock Investment

needful:


Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can.

lol

needful:


Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can.

What type of investment, Stock or bonds?

Who knows what will happen in 3 years time?

isangjohnson:
Who knows what will happen in 3 years time?

Nostradamus

I forgot. Though he's no longer alive but his family can help us with this prediction.

25k vs 256k? This difference is too much na, abi na typo.

needful:


Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can.

emmanuelewumi:



What type of investment, Stock or bonds?

Bond @ 1% whereas stanbic is 0.0007%