STOjo:
Please help with the formula you use for this.

Regards.

emmanuelewumi:


Because you are buying at a discount. Buying at N72. 20k and getting coupon of N12. 5, your yield will be about 18.5%

Streetinvestor2:
Dollar gang how market. Panic sell about to be triggered if you no believe go ask aboki for street. Dey no gree buy #1500 as of today ....wahala

sterlingD:
In another news

https://doclib.ngxgroup.com/Financial_NewsDocs/ACCESS_HOLDINGS_NGX_ANNOUNCEMENT.pdf

I am tempted to ask is there no end to Access bank appetite for acquisitions

yMcy56:
TRANSPOWER showing some strength....
Mop up up to 380 ongoing....
Some cross deals @380 as well
Let's see what they're up to..,

UBA in early gains...

INTENEGINS at bargain junction today...

Agbalowomeri:


Attached from the banks showing a direction. Banking index clearly below the Ichimoku cloud on the daily.
Those who trade it will now use this cloud as the resistance.
ASI still showing RSI-price divergence on the daily so my guess is that bears will force it to align with the RSI (see second chart)

This is how a trend develops gradually; I expect the medium (weekly) and possibly the long-term (monthly) to follow suit (this is not data but my gut Lol)

Ballzproblem2:
people investing in Nigeria stock exchange are just wasting their time with the devaluation of naira , they're better of just buying Dollars and keeping it.


If not go an learn forex trading EOD.

Mankind2024:


In 2013, I requested Meristem to adjust my buying fee to 0.5% based on the benchmar @Morgan, they replied that they can only consider if my portfolio worth is N100M, at the time I was struggling to build an investment portfolio of N1m, fast and forward portfolio is smiling @ over a quater NGN Bili.
Just waiting to cross the N0.5B b4 requesting morgan to adjust the current 0.5% to 0.25%.
U will all know once it is granted.
Investing for free is the ultimate.
T212 platform does not charge Nigerian investors for global stock exchanges any commission. I was lucky to have opened an account with them in 2019.
As at today, Nigeria is no longer among the countries they accept.

Streetinvestor2:
Who is with me on this yeye decision. Since I started stock market,I have never sold any stock below the price I bought it.what I do is
1.If I believe in the company,I average down till I sell later at above BE
2.The shares remain thr till the company closes shop like Union homes,and many insurance companies. That is why I no like insurance companies. They do me saga in this regard
3Then some stay till they delist or another guy buys them over.it happened to Dan flour. I was with it from alhaji to tiger brand and back to alhaji. Then finally olem..Luckily all delisting has been above my BE.Adova oil and gsk
4The remaining is just thr in my portfolio. I just sold japaul. I am waiting for tantalizer, abc to go above my purchase price

I know I have lost time value of money but I no dey gree sell at loss

Agbalowomeri:


I don't do women
I do babes

emmanuelewumi:
Me sef give testimony in the church on Sunday,

husu:

I bought UBA @33 naira in 2007, zenith @40 Aiico @6naira, Dangsugar@50 naira, wema@15naira. If UBA didn't get 100naira, zenith 120 naira , Aiico 20naira, I won't sell, my friends that invested in lands and properties are worth more that 1000% of their initial value as at now. In 2007 transport from portharcourt to lagos is #2,500, now it's 40,000 naira.

Agbalowomeri:


I remember some of my babes only when they text or call Lol. My father's name is Solomon

emmanuelewumi:



Wetin you buy?

What is the interest rate on the loan?

emmanuelewumi:



Profit taking should take place next month or latest next quarter

Heishere:
Happy new year guys. In order to contribute to this valuable ecosystem, I will share the below tidbits on using loan to purchase stock.

There have been some back and forth on whether it is advisable to use loan to purchase shares. some are against it, while few are not. I used to be against it but now I purchase my shares with loan. But I only use cheap loan. I cannot advise you on what kind of stock to purchase using loan. I can only provide some nuggets on how I obtain cheap loans in case you are looking for how to do so. The limit however is directly proportional to your leverage aka credit worthiness.

Please note that financial institutions are obligated to share your credit information with the global credit bureau. This means that if you default, you won't be able to access credit anywhere in the world. So if you do anyhow you will see anyhow.

1. Credit card: You can obtain credit card from your bank. The limit can be as high as 5Million and above depending on your income. The interest is zero so long as you repay within 50 days. Note that they will charge you 50% interest if you don't pay back within 50 days. I make use of this one alot but be careful if you are going to obtain one.

2. Close ended groups: If you are a member of some close ended groups you can take advantage of their loan system. It is usually cheap (single digit interest rate). But you have to be making some periodic contributions to qualify. I also make use of this as well.

3. Strategic partnership with your bank: Depending on your leverage and relationship with your bank, you can obtain cheap loan from them to purchase shares. I used this method last year to purchase 2 quality stocks with a single digit interest rate. I just finished the payments 4 months ago.

4. Family & Friends: You know how this one goes but you have to be a trusted fellow for it work.

So good luck to you as multiply our portfolios this new year. God bless.

yMcy56:

Thanks so much dear brother.
I sent you PM already. Kindly reply.

* The customer care is so use.less and non-responsive.....
Hope you can see why I used to rate Morgan Capital higher than all those big ones......
Customer service is as important as the service itself but some of them don't know.

emmanuelewumi:




Reason why real estate is the easiest and the best for most people.


In 2006, that 500k will buy 2 plots of land at Agric Ikorodu with a current market value of N15 million to N20 million

emmanuelewumi:




My brother by the time you do stock very well for 10 years, it is very possible to make more money from stock than from your salary or main hustle

BabsO2:

Plenty offers have showed up. Perhaps another downward journey to start

thesilentone:
FBNH has already sold almost 4x its average weekly volume in two days this week with 3 more days to go.

It is trading in a range, some might call it a bullish flag but with the inverted hammers printing for a few weeks now, I wouldn't be bullish on this either which explains why I stated that it needs to hold 10.90.

It is below the weekly 30MA, volume is increasing and printed a doji last month. Support is at[b] 9[/b]

Mpeace:
My brother, I had wapco and added more at that price. I don dey cry since last week. If you see wetin wapco and mtn do me ehhh.
They both raised my portfolio and suddenly wanted to give me heart attack.
On two different days, both of them cut atleast N1.2m/day.
They gave me joy and took it back. I just dey wonder wetin people dey go through.

Ades1:
I don sokale from SEPLAT at 130%+ profit. Thanks to all the gurus in the house. Patiently waiting for the next mega call

yMcy56:

For 2019 FYE paid in 2020, it's 0.45kobo ..........(0.10kobo interim and 0.35kobo final dividend)
Same thing for 2018 FYE paid in 2019.

Seems they paid interim dividend of 0.10kobo for 2020 already yet to announce final dividend.

To even say this company pays interim dividend!

http://www.nse.com.ng/Financial_NewsDocs/29213_CUSTODIAN_INVESTMENT_PLC_CORPORATE_ACTIONS_FEBRUARY_2020.pdf

Infinitisi:


Please leave analogue brokers, open an account with a broker that offers an online trading platform and save yourself headache.

If people here including me begin to relate our experience with Cashcraft this thread go full. I wonder how they are still in business.

Agbalowomeri:


Shuu?
But this is a private placement na
It is not a public offer

RabbiDoracle:


Those who are close to me knew that I sold through out January. Cc Jejebaba, DeRuggedProf, 333.

At least you have told me what ails you about my telling people to exit on time. I will adjust and will not issue those statement anymore.

Una can vex on people's happiness.

Mcy56:
UACN seems to have strong support at 8.45/8.50 now for whosoever is interested ................
If it goes South the more dont mention me and if it goes up, you pay me. I no dey monkey hunt.

Some guys defending transcorp by all means. Abeg allow make e fall reach our junction biko, na all of us go enjoy the ride las las.

Northeastern:
Oga just keep quiet and stop arguing. Even if you’re told something, use your brain instead running with whatever you’re told. You’re now a subject of ridicule.

Your bosses have collected bribe and asked one of those guys to lie to you because you’re a yes sir subordinate.