Ma Angwa: Pls how do I claim my dividends. I have shares in Zenith bank and Oando since 2005, was receiving my dividends till 2008 and from then till this moment I have not receive any dividends or correspondents. How do I claim my dividend, I have relocated and have written to them to that effect last year but till date no response. I need advice on what to do to get my dividend from 2008.

spyder880: We got so crazed with stocks that I sold two houses and invested the cash into stocks in 2005, the market meltdown of 2008 melted my finances and I was only able to build one house after selling at a huge loss in 2008. But the rents since then has been regular, slow but steady. For those stocks that I couldn't sell after losing more than 80% of its value, well they are still there and I don't even go to pick my checks from the post office, afraid don catch me
I am currently looking for more houses
To build.

taiwo babalola: From my own personal experience,in 2007 i bought both land(200k) and shares(fbn,ibtc,oceanic)etc end in collosal lost but the land is 1.5m as at ds nite.make sure the land is geunea and free from any form of litigation.

akintun: D best is to build rental apartments. D returns are far better than interest on deposit and investment funds. D dividend yield on d stock xchange is pretty small, and u are not even sure of selling ur stocks when u want to because of d lack of liquidity on d Nig stock xchange.

aasog1: [b]NO to SHARES in Nigerian and the UK! I have tried both, a complete waste of money and time.
I was working in Ijeshatedo, Ajah, Lagos in 1999, starting up a construction company with my old man, and our first project was an estate in Ijeshatedo owned by the famous Fuji Musician Manager Percy Olumokun. I felt Percy was insane to have ever bought a land there....and I also felt he was duped. I used to see all different types of snakes then, and it was always two or three huge snakes per day, and the bus stops was always empty. No buses or passengers....Ajah back then was like a stupid idea, and that is today I believe in Eko Atlantic...As long as one buyer goes there, many more will follow....I remember as clear as ever then the Omo-onile telling us then that their land is getting costlier everyday, and that a plot within Ijesha-tedo is selling for 30k, and the one at the road side is selling for 35k. My old man bought two acres back then, fenced it over the year, and since I was the project manager, I can confirm with evidence that the entire cost of land and fencing was totally 848,950.00 Naira. He sold an acre out of it last year for 40 Million Naira. He still has 1 more acre. Compare that with anyshare and I will go and buy right away!
I have seen many people make a life changing property investment, and with the way Lagos and Ogun states are headed, it will be an upward spiral till the foreseeable future.
The few properties I purchased some years back during the time of Gbenga Daniel within Ogun State thought felt like big mistakes back then, but right now with the sky-rocketing prices of lands and scarcity on daily basis, I regret not buying as much as 10 acres back then.
You just need to know the experts, and buy properties with vertical integration features, and your on your way (i.e. properties infront of an express, or one infront of a road that links with an express...such properties have many uses: can be used for shops, warehouses, and can be sold with ease....and many more benefits).....
With great professionals, you can make an investment in real estate that could change your life forever....but this is a long-term business....and not a get quick-rich venture like the ones Nigerians are obsessed about. So if you want MAGIC, real estate isnt the way.
[/b]

aasog1: [b]NO to SHARES in Nigerian and the UK! I have tried both, a complete waste of money and time.
I was working in Ijeshatedo, Ajah, Lagos in 1999, starting up a construction company with my old man, and our first project was an estate in Ijeshatedo owned by the famous Fuji Musician Manager Percy Olumokun. I felt Percy was insane to have ever bought a land there....and I also felt he was duped. I used to see all different types of snakes then, and it was always two or three huge snakes per day, and the bus stops was always empty. No buses or passengers....Ajah back then was like a stupid idea, and that is today I believe in Eko Atlantic...As long as one buyer goes there, many more will follow....I remember as clear as ever then the Omo-onile telling us then that their land is getting costlier everyday, and that a plot within Ijesha-tedo is selling for 30k, and the one at the road side is selling for 35k. My old man bought two acres back then, fenced it over the year, and since I was the project manager, I can confirm with evidence that the entire cost of land and fencing was totally 848,950.00 Naira. He sold an acre out of it last year for 40 Million Naira. He still has 1 more acre. Compare that with anyshare and I will go and buy right away!
I have seen many people make a life changing property investment, and with the way Lagos and Ogun states are headed, it will be an upward spiral till the foreseeable future.
The few properties I purchased some years back during the time of Gbenga Daniel within Ogun State thought felt like big mistakes back then, but right now with the sky-rocketing prices of lands and scarcity on daily basis, I regret not buying as much as 10 acres back then.
You just need to know the experts, and buy properties with vertical integration features, and your on your way (i.e. properties infront of an express, or one infront of a road that links with an express...such properties have many uses: can be used for shops, warehouses, and can be sold with ease....and many more benefits).....
With great professionals, you can make an investment in real estate that could change your life forever....but this is a long-term business....and not a get quick-rich venture like the ones Nigerians are obsessed about. So if you want MAGIC, real estate isnt the way.
[/b]

aasog1:
a plot within is selling for 30k, and the one at the road side is selling for 35k.
I have seen many people make a life changing property investment, and with the way Lagos and Ogun states are headed, it will be an upward spiral till the foreseeable future.
You just need to know the experts, and buy properties with vertical integration features, and your on your way (i.e. properties infront of an express, or one infront of a road that links with an express...such properties have many uses: can be used for shops, warehouses, and can be sold with ease....and many more benefits).....
With great professionals, you can make an investment in real estate that could change your life forever

zenatta:

The strategic placement of a property is what determines its yield. Corner-pieces are excellent income-raking ventures. Apart from residential purposes, when used as commercial interests, they team up well with schools, markets and bustops as neighbours.

Lagos with its dense population is a Real-Estate gold-mine.

klas:

Very wrong information and advise on all counts.

First, union homes is not the only listed mortgage bank. There are many. Aso savings is there, Abbey buildings society is there. Etc

Second, not only that most of the listed mortgage firms are unprofitable, they are having dwindling capital base hence the directive of CBN that all mortgage banks should recapitalized to between N2.5b and N5billion latest by April 2013

Most if not all listed mortgage banks are trading at par of 50 kobo each so no capital appreciation.

What you should have advised him on is may be to invest in listed Real Estate Investment Trust Scheme (REITS). You may read up more on that.

Reyus: Both are good depending on when/how much you buy/sell.

Real estate is profitable on the long run ONLY IF and WHEN you sell, use or lease the landed property to make profit.

Stock is also profitable but depends on a lot of favourable conditions.
E.g if you bought 500,000 shares of UBA sometime in Jan 2013 @ N4.60 = about N2.3million. You can easily sell now March 2013, @ N8.00 for N4million. About N1.7million profit in just 2 months.

Crownvilla: Why not eat your cake and have it? I beleive mortgages are the next big money earner in Nigeria. How many Nigerians do you think, would jump at the chance of owning their own homes via a mortgage?

This market is an untapped goldmine!!!!!!!

Back to your question, why not invest in real estate via the Stock Exchange. Right now there is only one listed mortgage firm on the NSE, namely, Union Homes. Effectively, if you buy shares in Union Homes you are killing two birds with a stone, investing in real
estate and shares in one fell swoop.

LBIC recently did a PP, I suspect their shares will head for the moon whenever they are listed. A few other mortgage firms are rumoured to be close to a PP or full listing on the NSE.