locodemy:


Bros,my spirit is telling me that my bank and i will do 15kobo.what do you think will happen if 15 kobo?

gambei:
bro, what is the difference between qualifying date and closure of register? which qualifies u for dividend payment( march 3 or march 6 - 10)?

Mpeace:
You see? him offload without telling. Pple wey join because of him advice done help push one chance bus to where him want drop. Now na only them dey de trap bus. Me done sell ma FCMB today sha, as I talk yesterday. I no wnt hear "shebi I Tell you" NSE of this year no make sense again.

locodemy:


Ewooo! I sold it at loss o.i bought 77 kobo and sold 75kobo not that the stock will not perform but because i needed to make the fcmb 20m units as the result/dividend day is very very very near..........

veecovee:
its an insult to JESUS, to out of excitement, use his Holy Word like this,

locodemy:


He is still current because he was doing over 30% in Airservice the last time he was here.
I am worried if all is well with him.He is a good friend.

feelamong:
Abeg those of us buying dollars...

Are we still buying or selling now?

Intendy:


qualifying date is the last date you must buy in order to partake of the dividend,
closure date is when the stock will marked down.

closure date for ucap is 3rd march so the qualification date is 2nd march

closure date for afriprud is 6th -10 march
so the qualification date is 3rd march since 5th march is a Sunday.

kentoto:
People,
Did you guys see way UBA finished today, just looking at the charts.

If it closes at 5.10 - 515 ish tommorow, then it could break the 5.30 resistance before results come out.
@fxuser, I could use your comment here oh.

#teamUBA

duni04:
Thinking of gate crashing into FCMB tomorrow. Lemme come and see what all d hype is about. an EPS of >90k FY 2016 should comfortably cough out at least 10 - 15k

gambei:
thanks. bro, one last question in order not to misconstrue what you just said. Can i sell after the qualifying date irrespective of closure dates with multiple dates? example,for afriprud, can i sell on the 6th and still get my dividends?

Intendy:


Yes you can but the dividend would have been taken off (subtracted) from it's last trading day's price.
once market resumes on Monday it is automatically subtracted.
but you might find yourself lucky if it gains after markdown but bear in mind it can also loose.
it's a preventive measure of you eating your cake and having it at the same time

feelamong:
Abeg those of us buying dollars...

Are we still buying or selling now?

Mpeace:
This is the time to buy. It will certainly go up. The recent CBN intervention and the gain by the naira is normal.

Mpeace:
This is the time to buy. It will certainly go up. The recent CBN intervention and the gain by the naira is normal.

binaflexia:


Also understand that, dollar will be sold for 375 for school fees and PTA. This will surely reduce demands from the black market. I,m not sure it is the right time to buy,. I see it in the lower 400 in the coming weeks

Mpeace:
This is the time to buy. It will certainly go up. The recent CBN intervention and the gain by the naira is normal.

DeRuggedProf:


With Dollars freely available now from CBN which was one of fcmb's greatest worries, expect the share price taking a hawkish pose and head north.
The dividend will not fool the discerning. Even Fitch has started singing a new song that banks will do better.
if I have the fire power you have, I will take a trip to the carribeans and leave my email and phone with FXUSER and plead with him to alert me when the stock reaches N2.00......

locodemy:


If you understand the recent CBN policy,you will run and sell your dollars now........Visits proshare and Nairametrics to get more breakdown of the policy.Banks are back to business......Business marchants are not left out too,travelling and payment of school fees at ease as banks provide the services at good rates.
Bureau de change,Aboki's,peterichy and Godisfaithful who are eyeing 600 naira to a dollar are the main loosers.

locodemy:


If you understand the recent CBN policy,you will run and sell your dollars now........Visits proshare and Nairametrics to get more breakdown of the policy.Banks are back to business......Business marchants are not left out too,travelling and payment of school fees at ease as banks provide the services at good rates.
Bureau de change,Aboki's,peterichy and Godisfaithful who are eyeing 600 naira to a dollar are the main loosers.

DeRuggedProf:


FCMB will now worry less to give you 25k.....
They are now buying dollars as if tomorrow it is going out of circulation.
Which bank wants to miss this opportunity, since 'tomorrow may not come'....

Intendy:


Yes you can but the dividend would have been taken off (subtracted) from it's last trading day's price.
once market resumes on Monday it is automatically subtracted.
but you might find yourself lucky if it gains after markdown but bear in mind it can also loose.
it's a preventive measure of you eating your cake and having it at the same time

locodemy:


Make CBN watch over these banks as they may create artificial scarcity as they are borrowing to mop the forex.The implication is the banks/Directors will make more money as everyone is ready to get it any price from them........you know what it means.........back to square one again but God forbid.This time around it will be parmanent.This is the work of our vice president in the absent of the president........kudos.

Godisfaithful:


Sir, don't worry about my issue. You will seee the main losers soon. it is okay by you to keep believing what CBN pronounced in terms of forex policy. Just focus on what works best for you. Very soon, I will buy your FCMB at N1 or less. Just watch...

Mascotlawman:


Please between Gtb and Zenith which one will be a good buy considering the current prices and dividend expectation? Just for medium term.