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X21's Posts

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InvestmentRe: Treasury Bills In Nigeria by X21: 10:42am On Jul 11, 2020
NL1960:
He was contributing 90k monthly for 6 months and not 60k monthly.
thanks for pointing that out
capital rate interest
1 90,000.00 8.16% 612.06
2 180,612.06 8.16% 1,228.29
3 271,840.35 8.16% 1,848.70
4 363,689.06 8.16% 2,473.34
5 456,162.39 8.16% 3,102.22
6 549,264.62 8.16% 3,735.38
13,000.00
dollar fund is better
InvestmentRe: Treasury Bills In Nigeria by X21: 10:09pm On Jul 10, 2020
freeman67:
I don't know how I will calculate or explain it to you but then let me start this way. For the bond fund I started it as monthly contribution of 90k from end of January 2020 (1st week of February to be precise.) I just paid the 6th one for June last week. What is extra after the sum of my 6 months contribution of 90k is N13,000.

For the Dollar Fund, it is a meager amount of $3,000 that I put there since 1st week of March 2020. The extra on it right now is $69.

Above is why I can't expressly tell you which one has accrued more. My aim was to build that Dollar Fund gradually too but I can't afford at the rate it is being sold now.
Bond fund 12.17% annualized[img][/img]



bond fund returned 12% pa
[img][/img]
capital rate interest
1 60,000.00 12.17% 608.65
2 120,608.65 12.17% 1,223.48
3 181,832.13 12.17% 1,844.54
4 243,676.67 12.17% 2,471.91
5 306,148.58 12.17% 3,105.63
6 369,254.21 12.17% 3,745.79
13,000.00

dollar fund returned 9.2%
3 months 69
1 year 276
capital 3000
rate 9.2%
add exchange diff between march and July of about 30% dollar fund out performed bond fund
InvestmentRe: Treasury Bills In Nigeria by X21: 10:04pm On Jul 10, 2020
InvestmentRe: Treasury Bills In Nigeria by X21: 8:46am On Jul 06, 2020
[quote author=ahiboilandgas post=91428592]NEWSNOVA Merchant Bank Limited Declares N1.65billion PAT


just about 2 years in operation

https://businesspost.ng/banking/nova-merchant-bank-begins-operations/
InvestmentRe: Treasury Bills In Nigeria by X21: 11:35am On Jun 14, 2020
Escapev:
Got a mail on sukuk allotment. Thank God for successful transaction!
did they state bases. please which broker did you use
InvestmentRe: Treasury Bills In Nigeria by X21: 7:46pm On Jun 12, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 2:31pm On Jun 11, 2020
caverton!

what happened that that drove price south
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 1:10pm On Jun 09, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 1:02pm On Jun 09, 2020
[

redstar

negative reaction on fy result
InvestmentRe: Treasury Bills In Nigeria by X21: 10:33pm On May 24, 2020
olujaidi:
I'm not sure this is entirely accurate. You're not getting your 10m back at the end of each year, you're getting it at the end of the seventh year. So it's not possible to add the rental to the principal. You can only invest the rental

Your calculation also assumes that you're receiving the rental at the beginning which isn't so. It's received every half year for seven years.
10m is fixed for 7 years
interest at the end of every 12 months is added to it. and reinvested at the beginning of every 12 months
it will even be higher if you build in that half of the yearly interest will be received 6 months earlier
InvestmentRe: Treasury Bills In Nigeria by X21: 9:53pm On May 24, 2020
ahiboilandgas:
If u invest 10m now u will get about 18m in 7 years time if naira is now 520 in 2027 u will get 34000 dollars dollars ....an investment of 25000 dollars now your profit is 9000 dollars over 7 years .......just over 100 dollars profit per months.....if u have any thing that can give u better than 120 dollars on a investment of 25000 dollars is better than the bond...
this is very true for the investor who does not put interest earned to work.
if you seek out opportunity for each interest received at the same rate of 11.2%
you will end up with 21m at the end of 7 years
the game is all about compounding

yrs rate P int p+t
1 11.2% 10,000,000.00 1,120,000.00 11,120,000.00
2 11.2% 11,120,000.00 1,245,440.00 12,365,440.00
3 11.2% 12,365,440.00 1,384,929.28 13,750,369.28
4 11.2% 13,750,369.28 1,540,041.36 15,290,410.64
5 11.2% 15,290,410.64 1,712,525.99 17,002,936.63
6 11.2% 17,002,936.63 1,904,328.90 18,907,265.53
7 11.2% 18,907,265.53 2,117,613.74 21,024,879.27
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 2:32pm On May 18, 2020
ojeysky:
Guinness Guinness verily verily I say unto you, rise! grin
it is doing the opposite of rise
InvestmentRe: FGN Savings Bond by X21: 1:15pm On May 12, 2020
steveneche:
why's this place quiet
savings bond sales on suspense. rates are too low
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 4:40pm On Apr 30, 2020
veecovee:
Sis, the best thing is to ignored those her posts as I did some.

Don't chase a mad person that took your wears from ur bathroom window
you need to advise your self first. you have lost it
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 12:10am On Apr 30, 2020
veecovee:
Sorry to say this bitter truth sir, ... "Roman catholics are not Christians"
You have disrespected a lot of people. By this singular statement, you have also diminished your self.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 4:36pm On Apr 25, 2020
Godlylifeoneart:
That was the hey days of Nigeria economy. When there was a country. That N40, 000 could also be worth N3 billions before the advent of modern Lutocracy. (democracy).
When Nigeria National debt was negligible.
When Agriculture was the main rock of Nigeria economy.
When technocrats were at the helm.
When tribalism was minimal.
When Nepotism and favoritism exist only in the mind.
When there was no civil war.
When pa Emma was still negotiating with God on being born a Nigerian.
I wonder if this generation can still see value in Nigerian currency in our time.
this generation will.
principles hardly change
As it was in the beginning,
so shall it be,
world with out end.
PoliticsRe: The N187 Million Mercedes-Benz Sprinter Ihedioha Couldn’t Use by X21: 2:37pm On Apr 25, 2020
Intelcorei7:
https://thenationonlineng.net/n187-million-wonder-on-wheels-ihedioha-couldnt-use/
imo should be 11 from your chat not ten while edo should be 10

167 cannot be bigger than 169.

this actually cast doubt on the authenticity of this data.
InvestmentRe: Treasury Bills In Nigeria by X21:
[quote author=creategist post=88730858]Can someone please help me differentiate in simple-to-understand English the difference between coupon and yield rates? [/q

coupon= original rate
yield =current rate

what you will get after buying from secondary market is the yield. cuopon is the rate at primary market
InvestmentRe: FGN Savings Bond by X21: 10:05pm On Apr 16, 2020
titilope07:
Has anybody received alert today? Have been expecting the payment since morning what is going on please?
check your bank account balance
alert fails some times
InvestmentRe: FGN Savings Bond by X21: 10:04pm On Apr 16, 2020
medaura:
Good day guys. I have invested in Jan2020 FG savings bond. The coupon payment was suppose to start 15-April. But am yet to receive payment. Please can anyone help me with what to do.
received mine via gtb yesterday
InvestmentRe: Treasury Bills In Nigeria by X21: 8:25am On Apr 04, 2020
Akin3891:
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.
they have finally credited the interest
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 1:17pm On Apr 03, 2020
naturalflow:
Fbnh 3.8 with a PE of 2.5 is more expensive than zenith at 11.6 with a PE of 1.77?how can I explain this to this boy oooo.
if you standard is earnings
what if you are buying assets?
InvestmentRe: Treasury Bills In Nigeria by X21: 2:41pm On Apr 01, 2020
Akin3891:
Does anyone know at which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.
same here too
they were quick in taking their charges.
but fail to credit interest for the month
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 10:33am On Apr 01, 2020
https://www.cac.gov.ng/3956-2/.

CAC guidlines on AGM by proxy
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 1:36pm On Mar 26, 2020
LokosoUK:
Good day everyone.

Can you please if you already received your AFRIPRUD dividend? I am yet to receive mine. I thought the payment date should be the 23rd of March.
I have not received mine too
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 12:56pm On Mar 24, 2020
thesilentone:
Despite the hullabaloo caused by CoVid, Please can anyone enlighten us on the implications of Dangote Cement issuing their first bond to finance medium term debts. What will be the impact on current shareholdings?Is it a good move or otherwise? I'm sure this thread is in place for learning, not just scaremongering or optimism.

Chiefs: @Rabbioracle @emmaneulewumi @onegentleguy @yom2 @Bombooclad @Mcy
i see posetive impact. Subscribers to the bond are not given shares so no dilution will occur
however impact will be on earnings and by extension dividend if yield/interest on bond is higher than interest paid previously. this too is very unlikely because of current low money market rates. I think earning /dividend will be positively impacted
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 11:11am On Mar 22, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 5:15pm On Feb 21, 2020
owoblow77:
Sir Loko, I give up grin grin grin Jijo is not for me grin My blood pressure is already up. Lost 8%. Sold everything. I can't come & go & die grin E no even reach 2 weeks lipsrsealed
I forgot I am in an open office. People dey ask why I dey laff
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by X21: 11:42am On Feb 12, 2020
currentprice:
expected February bullish continuation has been killed with event around the world cry cry cry, we may be seeing solo move here and there but chart is not speaking well at the moment angry we just pray for 27k support to hold for the sake of those in the mkt.

price enter back the cloud on daily, weekly and monthly below cloud. all the tf below 50 MA embarassed

mkt might have recorded high of the year last month. hope am wrong sha

grin grin grin grin grin
f/reserve heading to 36b
https://www.nairaland.com/5682546/worry-nigerias-external-reserves-head#86581761
InvestmentRe: Bonds Investors Hub by X21: 10:23am On Feb 05, 2020
ernie4life:
Flour Mills bond
minimum in vestment amount please
InvestmentRe: Treasury Bills In Nigeria by X21: 12:06pm On Feb 03, 2020
needful:
Nigerian brewery just floated a commercial paper, anyone with good info about them should pls advice us where to get it.
not too good too from my source
5% and 7.5% yield for 180days and 270days respecti vely
InvestmentRe: Treasury Bills In Nigeria by X21:
DaBogu:
FG savings Bond. As at Las month it was 7% for 2 years another should be out by this week. I have a filling it will go up by either 8-9% going by the CRR by CBN.
it has crashed further
this month offer is 5.91% and 6.91% for 2 and 3 years respectively.

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