gbengus50:
I am normally an observer on this forum, please OGG and Locodemy take a chill pill.Don't let this forum turn to another SMI.

Most of guys here were on SMN including Seun (NL owner)

emmanuelewumi:


No, Seun of Nairaland is very active on the Treasury Bill thread.

So the guy still dey find money?

That is great.

emmanuelewumi:


No, Seun of Nairaland is very active on the Treasury Bill thread.

Why not forex?
He for don chop ban himself....

RabbiDoracle:


Happy New month to you and OGG.

One behalf of members of this thread and in the absence of Agba and Mendes , I declare the bull open.

Even Lawunion's LTF is promising N1.00 marriage.....

NB: I have no insurance even on my life.....
Cant go blind reading fine prints...

RabbiDoracle:


So the guy still dey find money?

That is great.

Smart businessmen and entrepreneurs are usually well diversified and also need to be liquid in order to harness opportunities. Treasury Bills and other money market instruments provide the liquidity.

.

RabbiDoracle:


Happy New month to you and OGG.

One behalf of members of this thread and in the absence of Agba and Mendes , I declare the bull open.

RECALL THIS...........

Please I have this urgent question:

Has Airtel gone public? If yes, when and how do we go about getting their shares?

emmanuelewumi:


Smart businessmen and entrepreneurs are usually well diversified and also need to be liquid in order to harness opportunities. Treasury Bills and other money market instruments provide the liquidity.

True!


Very true.

And that's the open secret of wealth creation. Either in the capital market, or money market, open market or commodity trading.

People like Dangote, Mark Zuck..and Strive Masiyiwa may not have made it to forbe's list if they never diversified.

Diversification of Investment portfolio is the secret to wealth building. Ask Warren Buffet and he will tell you. Even the legendary book of the holiness said so much about diversification as a means of increase. That's for those of us who believe in extracting principle from the holy scripture.

BAMOFIN1:


Sir what has maths got to do with a call for more tolerance for shortermers, for them to be able to show us tips?

If I were you I will just look for a seat in the front row of the class and learn.
It is worse when you don't know and you do not know that you don't know.

STO

Fairview1:
Please I have this urgent question:

Has Airtel gone public? If yes, when and how do we go about getting their shares?

Get in touch with your stockbroker, the company also paid an interim dividend of N9.20k on Friday 29th November 2019

Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

Asmaraabc:
Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

By money market mutual fund, you can still get between 11% and 13%.

Asmaraabc:
Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

if to say you come around August for advice. i could have ask u to pick either UBA , ACcess or dangote sugar.

if you can hold stock for medium to long time go for wapco and forget it d way you fixed the money .

you will be happy next year

Asmaraabc:
Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

Money Market Funds. Approach any of these companies ARM, FSDH, StanbicIBTC, FBNQuest

Another option is FGN Savings Bond which is offered once a month. Approach your bank for details

Thank you, well appreciated

Actually, the money is not needed for sometimes to come. I just want money appreciation instead of 11% interest on FD that is dropped to 5.5%. I have been observing, reading and following all the valuable contributions many of you are making on this forum and base on that i know that i will likely get better options from you people.
If wapco is feasible to bring money appreciation later on, i may go for it. I was thinking of Zenith before due to anticipated dividend i assume that may be more than FD annual rate, 5.5%. Kindly throw more light why wapco may be better than Zenith.

Thank you very much for selfless service.

currentprice:


if to say you come around August for advice. i could have ask u to pick either UBA , ACcess or dangote sugar.

if you can hold stock for medium to long time go for wapco and forget it d way you fixed the money .

you will be happy next year

Thank you, Mr Emmanuelewumi

emmanuelewumi:


By money market mutual fund, you can still get between 11% and 13%.

Asmaraabc:
Thank you, Mr Emmanuelewumi

When do you need the money? You can't predict returns from the stock market on the short run.

I suggested money market funds because the fund was initially in fixed deposit.

You see, some people can become fanatical with their stocks if contrary opinions are expressed concerning such stocks because of their perceived impression that such could negatively affect the prices of their annointed stocks.

But if you think you can live and sleep well with the uncertainty in the stock market, you can buy some selected stocks which can be discussed here

As a matter of fact, it is not needed next year atleast. I will appreciate a recommendation of stock with higher probability that the fund appreciation possibly with dividend will be much higher than money market fund/ FD by this time next year because valuation of the fund is done yearly to know where we stand.
Thank you.

emmanuelewumi:


When do you need the money? You can't predict returns from the stock market on the short run.

I suggested money market funds because the fund was initially in fixed deposit.

You see, some people can become fanatical with their stocks if contrary opinions are expressed concerning such stocks because of their perceived impression that such could negatively affect the prices of their annointed stocks.

But if you think you can live and sleep well with the uncertainty in the stock market, you can buy some selected stocks which can be discussed here

PETERiCHY:
DECEMBER TONIC

When the Baboons and Monkeys heard that the Man who used to chase them away from the maize field had died, they hysterically celebrated.

The following year, there was no maize, that is when they painfully realized the dead Man was the Farmer!

Under all conditions, learn to live with your enemies, You might reject them now but, soon you will realize that they were the only pillars you needed.

Not all enemies are enemies, Some are mere wailers Others are imaginary haters.

Lets' love one another despite our differences

Interesting

I just went through about two pages, and remember those days. But truth about the matter is that the word battle will definitely come to an end, we are all brothers and sisters in the lord ( bnsitl), were is our brother Ihedioramma ?.

The performance of FCMB was not discussed. What real happen to FCMB, most tier 1 and 2 bank outperformed their last year earning per a share, only for FCMB to have step backward?
Fidelity made 74 kobo EPs in 2019 q3 against 62 kobo EPs in 2018 meaning that they move step forward by 12 kobo. While
FCMB made 54 kobo EPs in 2019 q3 against 57 kobo EPs in 2018 meaning that they move step backward by 3 kobo. Truly it's below my expectation, they should try harder to improve by q4.

emmanuelewumi:


Get in touch with your stockbroker, the company also paid an interim dividend of N9.20k on Friday 29th November 2019

Beautiful!

Thanks for dropping bye, just checked. Their share price is relatively high compared to their brother counterpart, MTN. Guess its from their pricing mechanism. The dividend value is quite juicy though. Happens to be the first publicly listed company that paid dividend six months after going public.

Nice one. I will definitely get in touch with CenterPoint Investment. Thanks again comrade.

I want to exit Honyflour and oando at a marginal loss though and enter wapco, eti and uacn. Need advice please

Payunsin:
I want to exit Honyflour and oando at a marginal loss though and enter wapco, eti and uacn. Need advice please

Your enemies will not be happy...

Asmaraabc:
Actually, the money is not needed for sometimes to come. I just want money appreciation instead of 11% interest on FD that is dropped to 5.5%. I have been observing, reading and following all the valuable contributions many of you are making on this forum and base on that i know that i will likely get better options from you people.
If wapco is feasible to bring money appreciation later on, i may go for it. I was thinking of Zenith before due to anticipated dividend i assume that may be more than FD annual rate, 5.5%. Kindly throw more light why wapco may be better than Zenith.

Thank you very much for selfless service.

When gurus of the forum talked and suggested, they don't repeat themselves, it's either you go by it or to the contrary, what assuarance are you looking for again?

Fairview1:



Beautiful!

Thanks for dropping bye, just checked. Their share price is relatively high compared to their brother counterpart, MTN. Guess its from their pricing mechanism. The dividend value is quite juicy though. Happens to be the first publicly listed company that paid dividend six months after going public.

Nice one. I will definitely get in touch with CenterPoint Investment. Thanks again comrade.

The outstanding shares of Airtel Africa is about 4 billion, while that of MTN Nigeria is about 20 billion

emmanuelewumi:


When do you need the money? You can't predict returns from the stock market on the short run.

I suggested money market funds because the fund was initially in fixed deposit.

You see, some people can become fanatical with their stocks if contrary opinions are expressed concerning such stocks because of their perceived impression that such could negatively affect the prices of their annointed stocks.

But if you think you can live and sleep well with the uncertainty in the stock market, you can buy some selected stocks which can be discussed here

from the guy post I think he don't like the new low interest on fixed so looking for the investment that will yield more.

Asmaraabc:
Actually, the money is not needed for sometimes to come. I just want money appreciation instead of 11% interest on FD that is dropped to 5.5%. I have been observing, reading and following all the valuable contributions many of you are making on this forum and base on that i know that i will likely get better options from you people.
If wapco is feasible to bring money appreciation later on, i may go for it. I was thinking of Zenith before due to anticipated dividend i assume that may be more than FD annual rate, 5.5%. Kindly throw more light why wapco may be better than Zenith.

Thank you very much for selfless service.

Hope u know that nothing sure in stock investment unlike your usual fixed.
It easy for me to recommend almost all the stock on nse for u putting u in confusion and come out to brag when one or two stock performing . I have all stock valuation on my bedsheet but I use to recommend one or two stock I think will perform well at the right time. when the stock perform I move to another stock I think will do the next magic.
Wapco look like one of the stock that will shaken the mkt soon, everything about d stock valuation pointing up. Zenith is a good stock o though I pick UBA ahead of zenith but wapco in my own opinion will perform better in the long run than zenith. I like company with cash oxygen wapco fit in this line. Note that earnings is different from cash o. A company may declear positive earnings but have no cash to back it up. Some banking have this kind problem eg fidelity, eti &co
Wapco has been over punish and d reason is clear, I want to believe with Bears alone wapco price might not have falling reach 9 plus, it being punish to that price cos of her back to back negative earnings with no cash the era of negative earnings has gone in my opinion as noticed on their report from Q1 up to recent Q3. Do u notice apart from selling their lost making subsidiary the company will make 30 something billion in savings on financial cost , this alone is about EPs of 1.8 add their earning to this and make forecast of what to expect by year end
The company latest report shows good cash oxygen
this is a good signal if they manage it well.
Paying dividend is not strange to wapco apart from last year which is understandable due to their negative earnings/struggling for cash. I believe they will pay better next year.

RabbiDoracle:


Jaiz and Wema are gaining in price despite their less than N3b PAT declared and very low EPS.

Going into year end, FCMB should do around 60 to 62Kobo EPS and based on current price this will be a a PE of 3.3

The result not that bad in my opinion.

At least we saw UACN with discontinued operation in huge negative, yet the price is noiw N8.

I thought it was reported that wema bank has declared 4.08bn as profit after tax as at September 2019

Your information is inaccurate

currentprice:


Hope u know that nothing sure in stock investment unlike your usual fixed.
It easy for me to recommend almost all the stock on nse for u putting u in confusion and come out to brag when one or two stock performing . I have all stock valuation on my bedsheet but I use to recommend one or two stock I think will perform well at the right time. when the stock perform I move to another stock I think will do the next magic.
Wapco look like one of the stock that will shaken the mkt soon, everything about d stock valuation pointing up. Zenith is a good stock o though I pick UBA ahead of zenith but wapco in my own opinion will perform better in the long run than zenith. I like company with cash oxygen wapco fit in this line. Note that earnings is different from cash o. A company may declear positive earnings but have no cash to back it up. Some banking have this kind problem eg fidelity, eti &co
Wapco has been over punish and d reason is clear, I want to believe with Bears alone wapco price might not have falling reach 9 plus, it being punish to that price cos of her back to back negative earnings with no cash the era of negative earnings has gone in my opinion as noticed on their report from Q1 up to recent Q3. Do u notice apart from selling their lost making subsidiary the company will make 30 something billion in savings on financial cost , this alone is about EPs of 1.8 add their earning to this and make forecast of what to expect by year end
The company latest report shows good cash oxygen
this is a good signal if they manage it well.
Paying dividend is not strange to wapco apart from last year which is understandable due to their negative earnings/struggling for cash. I believe they will pay better next year.

Instead of give direct dilate answers to the question, u started out with an indirect attack on my person.
...well, I know how to handle u.
I still have my eyes on u !!

Sometimes, I decide to allow u have ur way... not because u were always right with ur estimate on financial matters, but because I know(when) ur intentions are borne without an ill motive.
Believe me, I would end up embarrassing u with figures if I have to scrutinize every No u put out here !!

Just know that this place is NOT a competition.
...I am only here to grow my financial know-how and net worth and where I can, help others with theirs.
One thing I will NEVER do though is to act with an intent to DECEIVE !!
Instead, I will be the 1st to call out anyone who sets out with that sought of motive here. ...I will ALWAYS do my best to guide with proven underlying FACTS in sincerity of purpose and honesty.
Thank God for his grace of given us the knowledge and discernment.

For a good reason, I will overlook the discourtesy that's smeared with the words; confuse and brag.
But pls do not use it again.

Regards

Asmaraabc:
Regards to all for very useful lectures am receiving from many of you through this forum. Anyone candid advice is needed this time around to guide me in taking decision on an issue. A particular amount is being kept in fixed deposit for my son's education but due to reduction in MPR by CBN, the investment rate is badly affected and dont want to roll it over any longer. Will appreciate any better option(s) from this group on how to manage the fund.

Cc: OGG, CP, Prof, MCY, Infinitis, Valueinvestor, RabbiDoracle & others

Playing in the money market or other fixed income streams would've been an advised alternative, but it is not without its own risk. There is NO guarantee that u can even secure ur invested capital(outside returns) should u invest in the money market.
I see ur hunger to derive a better margin from higher yields... and understandably so given that current yields in the FI space have been greatly suppressed by inflation pegs. So going for them would mean a lower value for ur money !!

There are 2 questions to ask:
Do I understand that every investment carries with it, a certain level of risk?
Can I entertain an appreciable level of risk tolerance from playing in the stock market?
If ur answer to both questions are in the affirmative, and u are indeed certain that there won't be a need for the fund in the interim(short term) after investing, then;
Divide the said fund into 5 equal parts and buy into the following;

1) ZENITH
2) ETI
3) UBA
4) WAPCO
and
5) AIICO

The reason for the diversification/spread is to help cushion(where need be) the likely impact of uncertainty that could come with a price drop.
...that said, the likelihood that that may happen with the select 5, is low for now.

Again the select 5 coys were chosen because of their greater chance of return with capital appreciation and feasible fine yield from dividend cashflow return.(except for ETI but still BUY it)

Finally, their current market price creates a better MoS when benchmarked against their present valuation.
Put differntly, buying into them @ their current market price means that the REWARD u can get with a ROI is well ahead of the likely RISK from a loss on investment.(price drop)
To help lower risk points, I'll also advise u buy in trenches with every price drop to within ur comfort zone.
...that way, u can be sure of a better BEP with ur entries and greater chance of ROI margin with ur exits.

However even after u buy/key in, do not go to sleep. STAY AWAKE and be at alert.
...'cause even the very best of an investment can turn sour with an unforseen occurrence.
So it might sometimes be better to look out for opportunities to sell and rebuy where and when necessary to MAXIMIZE ur gains !!
This is where having a do-it-urself kind of brokerage A/C(like Morgancapital, CSL, Meristem etc) comes in handy.

While following up on events surrounding the market(particularly the stocks u hold), u can always ask for more guidance on how to better manage and grow ur portfolio as u progress.

Good luck !!