Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 6:21pm On Jun 08, 2020 |
emmanuelewumi:
Ucap, APR, UPDC REIT, MTN at N110 and below, Lafarge at N12 and below, GSK @ N7 and below, Custodian and Allied, AIICO, Carverton at N2.00 and below, Guinness at N20 and below.
Mainly for cash flow, and can book profit when and if the need arises
Continue to monitor their quarterly performance Well appreciated. Currently in the bolded. Will continue to observe and adjust portfolio. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 6:14pm On Jun 08, 2020 |
Mcy56:
![grin](https://www.nairaland.com/faces/grin.png) System will automatically cancel the remaining quantities. You have to place a fresh order in the next trading day at your desired price. Thanks. Tomorrow is another day. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 5:56pm On Jun 08, 2020 |
emmanuelewumi:
Paper profits, the Q1 and Q2 will give an idea of the future of this business Pa, please can you highlight 3-5 non-banking/financial stocks one can keep on the watchlist for good dividends? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 5:46pm On Jun 08, 2020 |
Mcy56: Una don take much of my time here. I need to go back to market now........we will be trading some stocks codedly since you're allergic to them. ![grin](https://www.nairaland.com/faces/grin.png) Knowing that you are our resident subject matter expert on Morgan Capital issues ![grin](https://www.nairaland.com/faces/grin.png) Please, what will I need to do if I place an order and it was partially filled, less than 5% of the order at my limit price before the market closed. As I can still see it in my BUY ORDERS, can I adjust the price if the market opens lower? |
Investment / Re: Treasury Bills In Nigeria by Care4: 7:42pm On Jun 07, 2020 |
ojesymsym: Fellow investors, I just played around with some calculations and I was shocked by the simplicity and result.
Assuming I am a civil servant and decide to commit to save 10k (ten thousand naira only) every month, at the end of the year I will have 120k (one twenty thousand naira) only. Assuming I decide to invest that money on a 10% investment per annum without stopping the 10k per month savings, that at the 35th year, around the time I am retiring I will be worth around 30 million?
With that kind of money, what is your business whether government or pension funds paid your gratuity or not. Just 10k a month o, not 20k not 100k not 1 million, just 10k, it is just crazy.
See attached sheet for details
I find the values difficult to believe, can someone else also do the calculation and confirm I did not make a mistake. Have you factored in the time-value of money? How much will your 30M of 2020 worth in 2055? My brother/sister, you cannot get rich by saving. You need to put that money ou're saving into real work. 3 Likes |
Romance / Re: What I Found On My Sales Girl's Facebook Messages by Care4: 11:54pm On Jun 06, 2020 |
OritaIbadan: I employed this 21years old lady last year as a sales rep. At resumption to work she appeard so decent and godly always With her Bible and Sunday school manual. I was really impressed by her spiritual and respectful nature. This made me treat her different from others. I buy her things and sometimes gives her money and always discuss her good life style with my wife. But what amazed me was that my wife was so indifferent about her each time I discuss her my wife will quickly change the topic. I thought, well woman with their naughty behavior towards other women.
Fast forward to June first this year her phone was stolen and I have a phone in office that I allow them access to incase their phone is off I can easily reach them through it. This faithful day, I tried to access my Facebook account using the office phone and found out that this same lady had used it but forget to logout. Well, I knew it was wrong to check her inbox but all the same I did.
After checking her inbox I couldn't sleep all night. I found out that she is having unprotected sex with 5 guys each guy per Sunday and she just did an abortion March this year the very day she told me that she was sick and can't make it to work and she wasn't sure who among the guys that impregnated her. I also found out that she had missed her period again and trying to hang it on one of the boys. The amazing thing is that non of these guys suspects her, they all believe she is a faithful girl friend.
I have thought of relieving her of her job, but my wife is asking me what should I give as reasons. But the truth is that I had never winessed such a wayward life before. If I pretend as though I know nothing she will eventually commit another abortion and continue with such life which is very dangerous at her age. What if she is my own daughter?
Please I want the mode to push this to the front page. I want to seek others opnion about it You're trespassing. If she's not failing on her job, her private life is not enough a reason to sacknher. She might even end worse. Find a good opportunity to talk to her. |
Family / Re: My Husband Wants To Know Everything About My Finances. by Care4: 12:57pm On Jun 06, 2020 |
UzorChinonso: Good day Nairalanders, I have been married for just a year now and it has not been easy here! My Husband wants to know every thing about my finance. He has disturbed me to know how much is my salary worth of.
I have always denied him of the fact, what I know is that I used my money to refurbish our flat, got some new things to change the outlook of the place....
But I am not really finding it funny any longer. As we speak, he collected my ATM card since last two weeks, said I must tell him the pin or I should forget having it back. I went to my bank, told them that I lost the card and they changed it for me last Friday and he collected it again said it's either I tell him the pin or he will do something funny ...
I don't know what funny thing he's gonna do but I am worried! Pls is this how marriage is? He claims to own me and own my salary! Is it fair? This marriage is too early instead I would have quit and I am pregnant at the moment! What do I do? I don't want anybody to know anything about my finances including him till I have my baby whom my spirit accepted that I should make my next of kin.
What do I do ? 1. Where did you two find yourselves? 2. How did you end up in marriage? For the time being, block your ATM Cards. Do your best to limit your transactions to banking app. If he needs money, he should work for his money. Both of you should take care of the family. 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 10:14am On Jun 06, 2020 |
Chibuking81:
Best transfer and the easiest is to sell all your holding in that stockbroking house and open account with either Morgan capital or CSL. Both are on really time online trading, you can buy stock by yourself and can still sell the same particular stock you buy in the next minute with both of them. I uses both and they are efficient. The standard Union security (SUS) was among the stockbroking firm I used, but they refused to upgraded to digital stockbroking firm, so I sold most of my holding with them, leaving some with them, pending when they will upgrade.
Then if you choose to maintain your current CHN which you got when you open account with your analog stockbroker, then fill it in the form of the new stockbroking firm you want to use, this is because if you have activated e-dividend mandate with that CHN, as you open new account using that CHN number, you don't need to activate again. Thanks for your response. I have a new account with Morgan with thesame CHN. I thought about selling off the whole holdings but being analog guys, they are unreliable compared to selling myself. Also, some units have shrank due to mergers. I'm considering moving them to my new platform either to add more or sell off. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 7:50am On Jun 06, 2020 |
locodemy:
Hope your new broker is not a semi analog broker?
You better chose a good digital broker.Refer to members here for a good recommendation.
Then go to the new broker to process all documents necessary for the transfer.If successful,you will need to pay 5k to your analog broker and your new digtal broker will initiate the transfer online.Thats all.
Guy,hope you are not oweing your analog broker?Make sure you have a good record with them before commencement of transfer.
Secondly,if the stocks you have with your analog broker are stocks like daar com,ftn cocoa,unhomes,unic ins,vono etc,your new broker will take to their heels while you will be pursuing them to come back for you o. Thanks for your response. To the best of my knowledge, I am not owing the analog broker (RESORT). However, what could have led to one owing a broker?I am now using MORGAN CAPITAL, hope that a digital broker ![grin](https://www.nairaland.com/faces/grin.png) As per the quality of stocks... GTB, FBNH, ACCESS, etc. The only weak hands there are JAPAUL ![cry](https://www.nairaland.com/faces/cry.gif) and CILEASING. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 8:53pm On Jun 05, 2020 |
Please, I need a clarification. I want to move my stocks from an analog broken to my new one with live online access.
I have a copy of inter-member transfer form already. When I'm done filling it, am I the one to take it to both my old (resident) or just submitting to my new broke (target) is okay.
Cc: @Mcy56, @rabbidoracle @onegentleguy @locodemy @chibuking81 |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 6:50pm On Jun 04, 2020 |
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Investment / Re: Treasury Bills In Nigeria by Care4: 5:52pm On Jun 04, 2020 |
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Investment / Re: Treasury Bills In Nigeria by Care4: 3:09pm On Jun 04, 2020 |
Gurus and fellow newbies, please how do I know if my sukuk bid was successful? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 3:01pm On Jun 04, 2020 |
Mcy56:
Peter, tell us what will take it to N11 naira this time around. ![tongue](https://www.nairaland.com/faces/tongue.png) [Spiritual] |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 3:00pm On Jun 04, 2020 |
PETERiCHY:
Hope you have taking your profit on Zenithbk because it's heading back to N11. that's a whooping N6 discount.
SAVE THIS POST.
BARGAIN HUNTERS TAKE NOTE! Gives me fair position to buy more. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 1:33pm On Jun 04, 2020 |
onegentleguy: Report says AMAZON is in talks to acquire an approx 5% stake(worth over $2B) in BHARTI AIRTEL INTL. The e-commerce firm(amazon) owned by current world richest man Jeff Bezos is looking to broaden its asset investment base and sees a future in telecommunication.
...a brief.
BHARTI AIRTEL intl, which is India's 3rd largest mobile telecommunications provider(after RELIANCE JIO and VODAFONE IDEA) is looking to expand on its infrastructure, grow its subscriber base(presently over 300M) and boost overall earnings.
BHARTI AIRTEL Africa which is listed on the floor of the NSE is a subset of BHARTI AIRTEL intl/group. Will this rob off on the African entity? ...we think so !!
We continue to observe. Reminds me of Russian dolls. Airtel NG is deep inside, it may not feel the infusion. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 5:56pm On May 28, 2020 |
DeRuggedProf: In the stock market, the greatest sin that can't be forgiven is not that of a wrong entry or exit point, but the sin of squeezing yourself into ILLIQUIDITY!
When the disjointly staggered clusters of bids suddenly run dry for weeks on end, you understand the very deep pains of a frail old man that paid the handsome bride price for a virgin.... ![grin](https://www.nairaland.com/faces/grin.png)
See as the okada boy dey look matured kill, na so some stocks dey do me but with the kaya wey dey okada man hand, i no know where she dey go drop am. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 12:20pm On May 27, 2020 |
MrDiligence: I asked my stockbroker to sell my Dangcem at market price which was #150 this morning only for them to sell at #135. Please is this normal? DON'T EVER TRADE AT MARKET PRICE. You'd be at the broker's fate. There are exemptions however, if you can, NEVER TELL YOUR BROKER TO EXECUTE AT MARKET PRICE. 1 Like |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 7:23am On May 22, 2020 |
Mcy56:
That's what I somehow implied by the post. They will pump the price and dump on people, it's for us to be on the look out and be smart too. Those that entered at bottom have more edge here. Good my people. I bought Zenith, AIICO and a couple of others at their MARCH LOW. I'm currently at >20% in 4 different stocks. I actually average down on Zenith. Will this be a reasonable time to start sell? |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 10:52pm On May 14, 2020 |
locodemy:
Afriprud is a stock that derive their income through digital services.The banks as well.All the financial stocks are rated neutral now due to the economic situation of the country.I will advice you wait and take advantage of the bashing of stocks(prices) which will come by June/July.
For now,80% of people who are active in the market are traders who survive by using technicals to trade.
I understand you are a dividend investor.You need to take advantage of low prices.wait a little,your time will come up again. Well noted. Thank you, sir. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 8:58pm On May 14, 2020 |
To all the the ancestors and experts in the house. Is it advisable to go for ex-div stocks at this time?
I am holding Africa Prudential and Zenith and I'd like to increase my holdings seeing that they are liquid and give good divs.
Any other recommendations will be welcomed.
P.S: final decisions and outcome are my responsibilities.
Cc: mcy56, seyisanya, locodemy, OGG, Pa Emma |
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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 8:25pm On May 05, 2020 |
emmanuelewumi:
You can adapt it to suit your needs and peculiarities. You can also be a portfolio real estate investor through Skye Shelter Funds or UPDC REIT Please what are the typical returns from the mentioned REIT and similar RE funds? Thanks. |
Family / Re: Do I Build A Small House Now Or Keep Saving? by Care4: 10:58pm On May 01, 2020 |
covid2019: I am in a dilemma worsened by this covid19.
I am a graduate male of 29 residing in the East. I still squat with a friend, not because I don't have money for house rent. But principally because I have been unable to figure out what I want to do with my life, hence renting a house feels like a commitment that might get me stuck.
I always feel I might move anytime soon-- to either another state or abroad for masters or just practice of my profession. Note that I didn't study a STEM course.
All these while squatting, I have been saving via my proceeds from hustles.
In the wake of this COVID19, I checked all my banks and found out that money I have in my account has lost so much value given the dollar rate.
I have 11.4 million, inclusive of my working capital, plus a rickety car valued at 350k. Each time, I need just 3-5m as working capital.
It seems that trying to save more is false economy and might be counter productive.
NOW, I AM CONSIDERING buying a plot of land and erecting a small house even if it's 3 rooms. This, I think will serve as investment that will keep appreciating and also serve as residence.
Or just open a domiciliary account to hedge against naira fall and continue saving. What do you think please?
Build a rental apartment. E,g 2 apartments of 2 bedroom flat or 3 apartments of 1 bed apartment. |
Education / Re: Change Of Name: Before Or After Graduation? by Care4: 7:34pm On Apr 19, 2020 |
soanl: Good day, nairalanders. I'm a final year student of a federal university and I want to officially do name change.
Which is better between changing it before or after graduation and won't affect me? Final year is a bit late. Wait till after NYSC so that your certificate and NYSC carry the same name. 1 Like |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 11:09am On Apr 09, 2020 |
Bomboclad: Showdown in Little Tokyo! If you haven't heard this phrase before, then you are still young....
Yakuza movie of life. 2 Likes |
Investment / Re: Us Stocks Pick Alert by Care4: 12:22pm On Mar 28, 2020 |
Oritna94: Please is the charges on trove fixed at $2.50? Im new to trove and noticed that anytime I try to buy shares it shows $2.50 for charges. It's actually 1% of your total transactions but if your 1% will be less than $2.50, TROVE will charge you $2.50. You can check their FAQ for further details. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 7:56am On Mar 24, 2020 |
veecovee:
They can't ... You never say never. Once one foreign exchange does it, you can expect Nigeria to do the same. |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 1:09pm On Mar 23, 2020 |
Mcy56:
Zee: 10.70 GTB: 16.75 Fidelity: 1.61 JB: 21.95 ......sold down to 21.35 earlier Fbnh: 3.70 UBA: 4.70, 4.85 now, back to 4.55 Access: 5.65 ETI: 4.45 UACN: 7.40 FCMB: 1.54, still doing strong-headed, my bid at below 1.50 not attended to since ![smiley](https://www.nairaland.com/faces/smiley.png)
I dey come.....
No one can tempt me this soon. I no dey enter this week. 2 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 10:56am On Mar 11, 2020 |
bigjay01: Zenith bank purchase order filled @11.75 at exactly 10am This is why trading platforms matter. My order at the same rate is still staring me in the face courtesy my orange coloured brokers. It could be a blessing in disguise and the day is not yet over. however, I am moving to one of these green guys for better response. Bye bye to yeye boyfriends... |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by Care4: 9:26pm On Mar 04, 2020 |
Chibuking81: @ Mcy56 You are truly on point toward investment position, in addition one have to try hard not to visit this forum on daily basis, because monkey hunters will always come with bad news once the sale and want to enter back again, and good news whenever they want to sell.
Any company that maintain good result for 3 consecutive times, with good dividend payment is good for investment. Stocks like. 1. Zenith bank 2.UBA 3. GTB 4. Afriprudent 5. UCAP 6. Dangote sugar 7. Dangote cement 8. Fidelity 9. FCMB 10. Caverton 11. Cutix 12. Flour Mills of Nigeria plc
Caverton and cutix here ![](/faces/huh.png) Caverton has a strong competition in their area. |