Joysmart: by 50k do you mean 50 kobo? what year did you buy it.

Joysmart: obviously you're a joker cos first bank shares was never sold at 50k per share in 2007. As a matter of fact the share price was around 40 naira and rhey did a public offer at 33 naira that same year.

mohmm:

Sup dear that is what I have with me Pls just help me with how to mutiply the share price with the number of unit thanks in advance

Joysmart: well if you really bought 1000 units in 2007 I assume from their public offer, then you should have about 1640 units now. just multiply 1640 by the current price 14.61 you have 23, 960

Kentnickole:

How did u get 640 extra?

Joysmart: in 2008 they declared bonus of 1:4, in 2009 they declared bonus 1:6 and in 2010 they declared bonus shares of 1:8. do the maths

Kentnickole: @op, is that u bought ur shares at 50kobo per unit or 50kobo for all the units?

mohmm:


Yes it was offered for 50kobo per shares then and I bought 600 units at 19800 and now first bank share is 14 naira+

Kentnickole:

If it is 50kobo per share then subtract:

(50/100)*1000 = N500

From the shares recent market value. I think the figure u get is ur accumulated returns over the years.

mohmm:

Thanks very much tho but this ur maths ehn cos as at wen I bought it was 19800 at 50kobo for 600 units now that is 14 naira I feel it shld be more.but thanks anyway

Kentnickole:

Bro am really trying to understand ur figures. Is it 19800 naira or units. Pls clarify me so I can do the calc properly. Thanks.

mohmm:

The 19800 naira was the money paid for that 600 units wen the calculation was done at 50kobo

mohmm:

The 19800 naira was the money paid for that 600 units wen the calculation was done at 50kobo

Kentnickole:

If it is 50kobo per share then subtract:

(50/100)*1000 = N500

From the shares recent market value. I think the figure u get is ur accumulated returns over the years.

Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units.

Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units.

Joysmart: My brother where in the world did you get this formula lol and to think the poor op is even thanking you

Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units.

Joysmart: 50 kobo is the nominal value of every stock on the Nigerian stock exchange. The true price when you bought it was 33 naira that's 19800 divided by 600

sammy455:
Please, i need help on to calculate shares dividen.....durin d Dangote suger share in 2007/2008..i bought 1000 units.....ordinary shares of 50kobo...@38.90 per share, i don't knw how to calculate d dividend, plss help

sammy455:
Please i don't know were to chect it, can u assist me on that ?