Mfunkynation:
pls when is uba mark down date since closure of register is 30th March – 5th April 2016?

Mfunkynation:
pls wen trading resume on 29th which is ZEE closure, am entitle to dividends n free to sell off?

Agbalowomeri:


So you think FBNH cannot report a loss?

megainvest:


It is very obvious. They can not report a loss for FY 2015. You may ask me why.
1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment.
2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all.
3. Q3 results tells the whole story.

FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss.

You know what I'll type next....... This is not a buy or sell recommendation

megainvest:


It is very obvious. They can not report a loss for FY 2015. You may ask me why.
1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment.
2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all.
3. Q3 results tells the whole story.

FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss.

You know what I'll type next....... This is not a buy or sell recommendation

EDUECO:
March 30,while March 29 is the qualification date.

EDUECO:
March 30,while March 29 is the qualification date.

Mfunkynation:
pls does it means that if i sell off on 29 that am also qualify for dividends? kindly help

megainvest:


It is very obvious. They can not report a loss for FY 2015. You may ask me why.
1. The last press release said they will discuss dividend payment. A loss making company will not even consider dividend payment.
2. Their profit warning said that FY PAT was materially lower than for 2014. It didn't say there was no profit at all.
3. Q3 results tells the whole story.

FBNH can decide to declare 5 kobo dividend if they want but they will not declare a loss.

You know what I'll type next....... This is not a buy or sell recommendation

mercylicious:


U never can tell. Stock MKT has no formula.
Before I entered stock market (pre - melt down) , I read in one of the stock newspapers (we really had newspapers like that ) that it is better to sell a day or 2 b4 close of register as price are bound to reverse after mark down. The reason being that after mark down, there will be too Much supply and price will go down.

This is not always d case these days. There are some stocks that the price will not reverse after mark down. I think the best way to know this stocks is to consider 2years or more trend. There are some stocks DT will continue to defy all permutation and logic. These are ones controlled by some big boys and we know them. They determine when the price should fall and when it shld go high.

I trade also opened our eyes. The market makers most times, have d final say on the price a stock should trade. You then have to find a way to align with them if they are very active in the stocks you have interest on.

EDUECO:
You don't need to be an insider to know that FBNH will never report a loss

EDUECO:
You must hold through out that trading day(qualification date).If you sell on March 29,then you are not qualified!

Mfunkynation:
Thanks bros. wish i got ur contact.... Happy Easter Holidays

ORAGBON:
Hello house.
Anything on Fidelity Bank? The offer overwhelmed the bid on Thursday...

Agbalowomeri:


So you think FBNH cannot report a loss?

Sokijosh:
In this game, the market has to keep pitching, but you don't have to swing. You can stand there with the bat on your shoulder for six months until you get a fat pitch. - Warren Buffet

Sokijosh:
If you don't know who you are, the stock market is an expensive place to find out. - George Goodman (aka Adam Smith)

JAS10:
https://mobile.facebook.com/home.php?hrc=1&refsrc=http%3A%2F%2Fh.facebook.com%2Fhr%2Fr&_rdr#!/groups/357357637766270?view=permalink&id=597349280433770&refid=28&_ft_=qid.6266076515858194104%3Amf_story_key.-6860919087028375385&__tn__=%2As

JAS10:
https://mobile.facebook.com/home.php?hrc=1&refsrc=http%3A%2F%2Fh.facebook.com%2Fhr%2Fr&_rdr#!/groups/357357637766270?view=permalink&id=597349280433770&refid=28&_ft_=qid.6266076515858194104%3Amf_story_key.-6860919087028375385&__tn__=%2As

EDUECO:
You must hold through out that trading day(qualification date).If you sell on March 29,then you are not qualified!

jauntty:
How about those who bought on qualification day if the price is adjusted for Dividend for that day? who gets the div, the buyer or seller ?

e.g Afriprud price was adjusted for div on 23rd at the opening of the market

jauntty:
How about those who bought on qualification day if the price is adjusted for Dividend for that day? who gets the div, the buyer or seller ?

e.g Afriprud price was adjusted for div on 23rd at the opening of the market

jauntty:
How about those who bought on qualification day if the price is adjusted for Dividend for that day? who gets the div, the buyer or seller ?

e.g Afriprud price was adjusted for div on 23rd at the opening of the market

Godisfaithful:

Sir, the seller gets the dividend.

EDUECO:
Adjustment of price for dividend has never been done on the qualification date! Mark down date(that is,the first day of closure of register when it is more than 1 day) is always a trading day immediately after the qualification date.