pluto09:



You are right sir, already bigger than GTB and they have the highest shareholders fund in the industry.
I have my reservation about them acquiring Union bank as this might probably result in reduced efficiency making them to lag more behind GTB.

Oga, I agree with you.
I have the same reservation.
Historically, I do not know of any bank in Nigeria that went into merger/acquisition and came out with improved efficiency.
I hope Zenith becomes the first to break this jinx.

leo1234:


Just because you sold zenith to buy GTB.
My GTB has gained only about 2.4% since on Monday with all the bulls around the corner.

Lol.. i still have some tashere units of Zenith, its a stock i like a lot and might still acquire, good thing is that its very liquid, so no biggy

veecovee:


He once wanted to transfer some little cash for me to have some bottles of beer some years ago, but I sincerely told him ... I would use the money to fuel my evangelism bus. Surprisingly he insisted I must use it for beer. At the end, I told him to forget the money. I would have collected the little money then and use it as I wish. However, it is a sin against the invisible God.

Well, if not for this lock down, I was supposed to be in Abiriba now, on my second missionary trip this year. If he (loco) has changed, Abiriba needs a lot of financial support.

ask

leo1234:


Just because you sold zenith to buy GTB.
My GTB has gained only about 2.4% since on Monday with all the bulls around the corner.

I would have been kicking myself very hard if i had not bought FBNH @3.7. The joy i have right now is that FBNH did not disappoint, its back to profitability and this makes me glad. For a stock like this, entry point is key, not sure i would be selling anytime soon..

Come to think of it, what happens when FBNH starts to trade at par with the likes of Zenith and co.

My strategy is to identify value and enter at a good value price without looking back. Few days back, i narrowly missed entry into AFRIPRUD @3.15, the plan was to ACCUMULATE as much as i can before reversing to @3.45. So, plan your trade and trade your plan.. All Man For Himself

Pls. all mentioned in my post are just my opinions and not a BUY or SELL recommendation, you are the CEO of your portfolio,

Peace!

Justcul:


I would have been kicking myself very hard if i had not bought FBNH @3.7. The joy i have right now is that FBNH did not disappoint, its back to profitability and this makes me glad. For a stock like this, entry point is key, not sure i would be selling anytime soon..

Come to think of it, what happens when FBNH starts to trade at par with the likes of Zenith and co.

My strategy is to identify value and enter at a good value price without looking back. Few days back, i narrowly missed entry into AFRIPRUD @3.15, the plan was to ACCUMULATE as much as i can before reversing to @3.45. So, plan your trade and trade your plan.. All Man For Himself

Pls. all mentioned in my post are just my opinions and not a BUY or SELL recommendation, you are the CEO of your portfolio,

Peace!

Good luck.

Hello everyone.
Is it advisable to sell off my FGN Bonds, and invest in stocks??

Sefiuu:
Hello everyone.
Is it advisable to sell off my FGN Bonds, and invest in stocks??

What is the coupon rate on your FG bonds.

emmanuelewumi:



What is the coupon rate on your FG bonds.

12% and 11% .
They’re 3-year FGN savings bonds I bought in 2018. And they will mature next year too.
I bought with Stanbic IBTC stockbrokers, and I don’t know how liquid it really is.
My aim now is capital appreciation, and I believe I can only achieve that with stocks.

ndidigood:
ask

i c

Now I'll start the asking from you ... and others who love God's work

I have naira and domiciliary accounts with some nigerian banks.

With of them do I send to you?

Sefiuu:

12% and 11% .
They’re 3-year FGN savings bonds I bought in 2018. And they will mature next year too.
I bought with Stanbic IBTC stockbrokers, and I don’t know how liquid it really is.
My aim now is capital appreciation, and I believe I can only achieve that with stocks.

Those rates are juicy, you can sell some of your FG bonds I order to take position in stocks that can currently give you a dividend yield of 15% and above

yom2:
have u people started picking ur calls promptly? And I don't have to wait indefinitely on the call listening to ur jingles while my call credit goes to waste. And I hope I can now cancel mandate during trading hours and don't have to wait till 4pm? And I hope I can buy immediately after sales and don't need to wait till market is over before value reflects on the screen?

Wow you know them too well, can you suggest a better company where all these are better. Imagine, a scockbroker in this company cant explain to me how the self servicing (online) system works. He said i dont understand

veecovee:


i c

Now I'll start the asking from you ... and others who love God's work

I have naira and domiciliary accounts with some nigerian banks.

With of them do I send to you?

l meant asking from Mr.Loco who said u should ask.

emmanuelewumi:


Those rates are juicy, you can sell some of your FG bonds I order to take position in stocks that can currently give you a dividend yield of 15% and above

Okay, thank you sir.

ndidigood:
l meant asking from Mr.Loco who said u should ask.

Loooooool

No be small thing ooooo

emmanuelewumi:



GTB is the most efficient. Zenith is the most profitable bank.

When GTB made a profit after tax of N186 billion in 2019, Zenith bank made a profit after tax of N208 billion.

If GTB could make the size of the Income made by Zenith bank, I am sure GTB would have made a Profit after tax of over N250 billion.


Among the FUGAZ, First Bank is the least efficient followed by Access Bank

First Bank is the least efficient...


Why do you say that sir?

billtommy:


Wow you know them too well, can you suggest a better company where all these are better. Imagine, a scockbroker in this company cant explain to me how the self servicing (online) system works. He said i dont understand

meristem stockbrokers (meritrade)

DexterousOne:


First Bank is the least efficient...


Why do you say that sir?

It's true. FBNH returned to profitability only after change in management. The previous management almost grounded the company

yungryce:


so I actually started investing in the vgif and still can't follow up on my investments till date as I have not been given access to my account

Sorry about that.
If I get your question correctly, you have a VGIF account that have been funded but you are yet to get your login details.
Please note that on successful registration to VGIF you automatically have access to the easy trade platform.
Kindly send me a message on WhatsApp for steps on how to activate your easy trade account.
Thank You for choosing Investment One financial Services.

daddymgg:



I love this firm , I am tired of Cashcraft. Please how do I subscribe.

To subscribe kindly use the link on my signature.
For more info you can reach me on WhatsApp.
Thank You for choosing Investment One Financial Services.

DexterousOne:


First Bank is the least efficient...


Why do you say that sir?

About 15 years ago, FBN paid dividend of N1.70k at a time when GTB and Zenith bank paid dividends of about 70k.

Now GTB and Zenith bank can pay dividends of N2.80k, while FBN paid less than 40k.


GTB made an income of less than N500 billion and converted N186 billion to profit after tax, while FBN made over N600 billion and converted less than N80 billion to profit after tax

emmanuelewumi:



About 15 years ago, FBN paid dividend of N1.70k at a time when GTB and Zenith bank paid dividends of about 70k.

Now GTB and Zenith bank can pay dividends of N2.80k, while FBN paid less than 40k.


GTB made an income of less than N500 billion and converted N186 billion to profit after tax, while FBN made over N600 billion and converted less than N80 billion to profit after tax

Chai


FBNH don show me Peper

I paid school fees inside FBNH no be small

Now using one eye de look at FBNH till I see seriousness in them

ukay2:



Chai


FBNH don show me Peper

I paid school fees inside FBNH no be small

Now using one eye de look at FBNH till I see seriousness in them

Dsticks47:

Sorry about that.
If I get your question correctly, you have a VGIF account that have been funded but you are yet to get your login details.
Please note that on successful registration to VGIF you automatically have access to the easy trade platform.
Kindly send me a message on WhatsApp for steps on how to activate your easy trade account.
Thank You for choosing Investment One financial Services.

I was given an easytrade login instead of the vgif login. I can't even monitor the growth of my investment as N50 is just topped up on my investment at the end of every month. I have to request an account statement to know the progress 9f my investment.

yungryce:


I was given an easytrade login instead of the vgif login. I can't even monitor the growth of my investment as N50 is just topped up on my investment at the end of every month. I have to request an account statement to know the progress 9f my investment.

Pls can you send me message on WhatsApp will guide you on how to go about it.

engbash:

I am interested to this answer as well but for platforms you can do all the account opening online. I know with Morgan Capital you cant

I did with MCSE.

From Twitter friend.

There is nothing new in economics or finance..it's just how its said..

It's made to sound sophisticated so you can be charged a fee

Bond= borrow
Leverage= Borrow
Short= sell
Long= buy
Quantitative Easing=Buy
Stimulus=spend
Shares=own
TBills=borrow short term
CD=lend to bank

OBAGADAFFI:
From Twitter friend.

There is nothing new in economics or finance..it's just how its said..

It's made to sound sophisticated so you can be charged a fee

Bond= borrow
Leverage= Borrow
Short= sell
Long= buy
Quantitative Easing=Buy
Stimulus=spend
Shares=own
TBills=borrow short term
CD=lend to bank

So Twitter is now the new authority of finance/economics lexicon. Go to investopedia and look up the specific meanings of those words and see how poor a job you did in rushing to make this post.

You qualified tbills with short term borrowing, but left bond and leverage.

How can qe be a buy and stimulus be a sell? Are you not aware that qe is a form of stimulus?

The SCO is an oil etf that profits from fall in oil prices. How would you describe a long position in the etf vis-à-vis oil prices?

Many of the words here are rarely used in the Nigerian market and nobody takes the posts here seriously else what you have done is not different from touting a wrong prescription as cure for an ailment.

Northeastern:

So Twitter is now the new authority of finance/economics lexicon. Go to investopedia and look up the specific meanings of those words and see how poor a job you did in rushing to make this post.

You qualified tbills with short term borrowing, but left bond and leverage.

How can qe be a buy and stimulus be a sell? Are you not aware that qe is a form of stimulus?

The SCO is an oil etf that profits from fall in oil prices. How would you describe a long position in the etf vis-à-vis oil prices?

Many of the words here are rarely used in the Nigerian market and nobody takes the posts here seriously else what you have done is not different from touting a wrong prescription as cure for an ailment.

Kalu Aja is an Authority in Finance.

You can debate the Massage, but don't throw away the messenger.

ndidigood:
l meant asking from Mr.Loco who said u should ask.

I don't do that, those who support my ministry do so willingly.

... I've been joking with you.

Let us be more accommodating. There is no where in the world that those words are not constantly mentioned,
The person that need further research is the one that lack knowledge of their meaning. One love

Northeastern:

So Twitter is now the new authority of finance/economics lexicon. Go to investopedia and look up the specific meanings of those words and see how poor a job you did in rushing to make this post.

You qualified tbills with short term borrowing, but left bond and leverage.

How can qe be a buy and stimulus be a sell? Are you not aware that qe is a form of stimulus?

The SCO is an oil etf that profits from fall in oil prices. How would you describe a long position in the etf vis-à-vis oil prices?

Many of the words here are rarely used in the Nigerian market and nobody takes the posts here seriously else what you have done is not different from touting a wrong prescription as cure for an ailment.

Let us be more accommodating. There is no where in the world that those words are not constantly mentioned,
The person that need further research is the one that lacks knowledge of their meaning. One love

Northeastern:

So Twitter is now the new authority of finance/economics lexicon. Go to investopedia and look up the specific meanings of those words and see how poor a job you did in rushing to make this post.

You qualified tbills with short term borrowing, but left bond and leverage.

How can qe be a buy and stimulus be a sell? Are you not aware that qe is a form of stimulus?

The SCO is an oil etf that profits from fall in oil prices. How would you describe a long position in the etf vis-à-vis oil prices?

Many of the words here are rarely used in the Nigerian market and nobody takes the posts here seriously else what you have done is not different from touting a wrong prescription as cure for an ailment.