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RayRay06677's Posts

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Crime / Re: Police Arrest Man For Posting Nude Photo Of His 4-Year-Old Daughter On Instagram by RayRay06677(m): 11:49am On May 13
predictor1:
No, we will not. We will call him a pedophilic gay. Obviously someone like you have no problems with such behavior.

I doubt you will spend time thinking how a man and his sons run their business.

And from records, no such reports had come to my notice, only father and daughters and very few mothers and sons.

Show me where people of this clime were ever bothered about a father and his sons relationship.
Crime / Re: Police Arrest Man For Posting Nude Photo Of His 4-Year-Old Daughter On Instagram by RayRay06677(m): 11:40am On May 13
predictor1:
What is the fault of the female child in this? It's about the father. So if you have a female child, is that an excuse to objectify her?

If he did that with a son, we will all go to sleep but since its a girl ..........
Crime / Re: Police Arrest Man For Posting Nude Photo Of His 4-Year-Old Daughter On Instagram by RayRay06677(m): 7:04am On May 13
The only crime here is that the little chap is a girl.

I am still thanking God that I didn't have a girl child.

Its more difficult to raise a girl child.
Investment / Re: Mutual Funds by RayRay06677(m): 6:26pm On May 03
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Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 5:02am On May 03
awesomeJ:

In 5 days.

Thanks boss, that's Wednesday. the 8th of may?

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 8:19pm On May 02
Please when is the next treasury bills primary auction?

Thanks
Investment / Re: Commercial Papers by RayRay06677(m): 10:15pm On Apr 29
freeman67:


Nothing serious sha.

First of all, I did a termed investment with them recently, it matured and my money was not paid complete as stated it was stated on the terms. It was short though for an insignificant amount but that was the first time I have experienced that. They was not reason at all to do that. I complained and there was not tangible response.


Secondly, arbitrary charges on CP'S. I have done several CP's with different firms. The cost of CP is to borne by the issuer just like Primary Market TB and FGN Bond. However, with them it doesn't suffice. They will charge the customer and him they are just stock brokers.


Thanks boss
Investment / Re: Commercial Papers by RayRay06677(m): 8:00pm On Apr 29
freeman67:


Wow..Thanks. I tried contacting FBNQUEST and DLM itself about but I didn't get any reply from them and I don't like to do anything of that nature with Afrinvest again.

Please help a brother, why are you avoiding Afrinvest?
Travel / Re: Nigerian Couple Buys A House 2 And Half Years Of Moving To UK. by RayRay06677(m): 5:48am On Apr 27
Mindlog:


Buy a house in the UK in one year, working as what? cheesy

Narcotics agent

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 10:00am On Apr 25
Wotowotoman:


Sometimes I wonder if you just dey chase clout or if you no just bright. How can you claim to be a man in his 50s approaching retirement that has been on this thread for several years and yet you sound so naive about investing.

Always asking very basic questions about investing and claiming to make mistakes and needing advice and encouragement. Something doesn’t add up abeg. You are most likely a troll!

GUY,
YOU SANE.
KEEP IT UP.
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 9:50pm On Apr 24
awesomeJ:


Have they changed the meaning of "Luckily"? 😁😁

Luck: was able to attain a major milestone in my investment life and lump summed everything in January for a lil above 15% till 2038.

Reason I am broke yet considered myself lucky.

Thanks to everyone that's encouraging me here.

4 Likes 1 Share

Investment / Re: Commercial Papers by RayRay06677(m): 5:54pm On Apr 24
sirrotex:
What are the applicable taxes that would apply

WHT at 10%

And service charge from the entity carrying out the transaction for u but likely in the range of 0.075% or thereabout.
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 5:38pm On Apr 24
sanerugwei:
How good is this Fidson Pharma Commercial Papers? Rates very enticing but how reliable are they?

Someone pls explain the discounted rate vs Implied Yield thingy seeing it's not up to 365 days period? Will the rates be pro-rated?

Did most of their previous series and no issues. payment is timely. Yield is compounding, no interest till maturity while rate is the simple interest which you will get the interest upfront, and you get capital at maturity.

Luckily, i have being broke since January hence missing all these groovy rates.

2 Likes

Food / Re: We Are Dying In Calabar. A Cup Of Garri Is Now N250. Who Do Us? by RayRay06677(m): 4:01pm On Apr 24
how much is semo
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 8:40pm On Apr 20
eniorisha:
Good day, great investment minds! It's been so long I followed this tbills tread & d numerous posts mostly not related to tbills won't allow one to go thru all d posts.

Pls, what's d current Treasure Bills rate in primary and secondary markets now for a tenor around 365 days?

Second, pls, is it true FBN branches no longer deal directly with tbills dt they now do thru one of their sublets like dt?

Third, I av a tbills I did @7% last October dt is slated to mature July this year. Pls, can I terminate this running one?, if yes, how do I go about d termination & how long will I wait to get it terminated?

1. 20% and above

2. I doubt that's true, traded secondary market on the 18th of April at 17.2% on 343 days.

3. Discuss with your bank, they always tell me it depends on availability of buyer. I just feel we wouldn't have a buyer at that rate. Losses are likely as T&C applies.
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:06pm On Apr 20
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Politics / Re: Okuama Residents Sue Army For ‘rights Violation’, Seek N200bn Compensation by RayRay06677(m): 2:19pm On Apr 20
Best way to go.

Getting the money if the court grants their plea is the easiest thing to do.

Always use a lawyer with LLB and not one with BSc.

The ones OBJ did got payment in billions.

Dont support or condone illegality.

Always use the court.

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:49pm On Apr 17
Foodempire:


15.75 I think. I regret the investment considering the amount involved.

Correct, 15.75%
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:45pm On Apr 17
freeman67:


The sukuk rental just dropped this morning. As we complain when we never see. Make we clear the air say we don see.

Saw it yesterday.
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 7:14am On Apr 15
oluayebenz:
In-market rate is now #950 / 1usd

Dollar will likely settled at 700 by June

Should take it back to less than 5h
Crime / Re: My Story As A Cult Member........initiation Phase Included... by RayRay06677(m): 3:48am On Apr 15
.!?
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 11:59pm On Apr 08
awesomeJ:
Anyone who bought T-Bills in February month when USD was at 1900, didn't just make 20-21%, they made close to 80% or higher in terms of USD value of their assets.

19m was only $10,000 in February.

Doing secondary market 65 days at 15% on Feb 3rd, that same 19m is now $16,250.

That's naira delivering interest earnings and capital gains totalling 62.5% in just 65 days.


Thanks for updating us same way we were being updated when the reverse was the case.

6 Likes

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 7:52am On Apr 08
Nigeria will be great again

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 7:47pm On Mar 28
safex:

The discount I got from Zenith is around 20% for 364 days

Good luck to you

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 2:58pm On Mar 28
ogawisdom:
USD still receiving woto woto

All I can do is observe as a patriotic Nigerian with so much hopes on our currency.

Expecting more positive moves from the naira.

4 Likes

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:16pm On Mar 26
oluayebenz:


Stop nah 🤣😂

God is watching the process
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 7:16pm On Mar 25
Family / Re: How Many Units Of Electricity Goes For 1000 Naira. by RayRay06677(m): 6:25pm On Mar 25
PHED just gave me 80.0 for 5k

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 2:35am On Mar 19
jabolo:


Alagbaka not Agbalaka
https://thenationonlineng.net/firm-floats-n4-2b-bond-to-build-ondo-power-plant/

The turbines were just delivered in December (https://independent.ng/power-ondo-ag-gov-aiyedatiwa-to-take-delivery-of-n7-8bn-worth-gas-engine/) so not yet operational. Paying coupon from financing cashflows could be a mini-Ponzi.

On the other hand, the ultimate Guarantor is the Ondo State Government so there is your recourse.

I believe RayRay06677 asked a similar question in September, and later confirmed the coupon is usually paid a couple of days late.

Thanks, coupon payment is been delayed this March. The fact that it was backed by a state government made me invest.

1 Like

Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:37pm On Mar 18
Akerewe:


Pls which one is Agbalaka bond

One power plant by one of the SW states that floated a bond working capital

Agbalaka should be the name of the location

Agbalaka power plant
Investment / Re: Treasury Bills In Nigeria by RayRay06677(m): 3:39pm On Mar 17
Expected coupon payment from agbalaka bond on the 13th of March but it failed to come and no explanation.

Please does anyone know of any adverse updates or actions to be taken to recoup money if payment fails.

Thanks
Crime / Re: Irate Ijaw Youths Kill Army Commander, Soldiers In Delta by RayRay06677(m): 11:08am On Mar 17
The truth is that non of the actors will be touched during the reprisal by the military.

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