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https://www.proshareng.com/news/PRODUCTS%20&%20SERVICES/Africa-Prudential-launches-first-ever-Registrar-USSD-*4018--product-for-shareholders-/38271

Africa Prudential launches first ever Registrar USSD *4018# product for shareholders

Africa Prudential launches first ever Registrar USSD *4018# product for shareholders

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Proshare
Wednesday, January 31, 2018, 6.00PM / Proshare WebTV

Africa Prudential Plc one of Nigeria’s leading Registrars, today took a major step in its drive to lead innovation in the Nigerian Registrar business space, with the launch of the USSD code Product *4018# for shareholders in the country.

The product launch brought together stakeholders in the Nigerian capital and financial market ecosystem, and also representatives of the shareholder groups in the country.

Giving the opening remarks, the MD/CEO Africa Prudential Mr. Peter Ashade said, “The registrar business in Nigeria has evolved in recent times and this was highlighted during the last stakeholders' forum in 2017, where the changing roles of registrars in the capital market, was discussed”.

Mr Ashade stated that the product launch was a demonstration of the unwavering commitment to delivering exceptional customer service in the market.

Ashade noted that the Registrar USSD product was an attestation to Africa Prudential’s poise to delight customers and shareholders while contributing to market development.

Speaking Further, he asserted that the unveiling of the product was a confirmation of the determination of the company, to strengthen its leadership role in registrar business.

He said the hallmark of the USSD mobile service product launch was to bring registrar services closer to the doorstep of various client companies and shareholders.

The African Prudential CEO commended the Apex regulator the Securities and Exchange Commission, the board of trustees and the board of management for their support towards the launch of the product.

In a presentation at the launch, the Head Business Development, Africa Prudential Plc Mrs. Bridget Bayo-Ajayi gave a brief insight into the value of the product, describing the USSD code service as another game changer in the industry.

According to her the benefits of the USSD product include; a 24-hour service availability, time and money saving, swift response to enquiries within seconds, its availability on all networks and all mobile devices.

The features of the product are dividend enquiry, shareholding balance, check bank mandate, check the address and check the email address. It serves both holders of ordinary shares and mutual funds.

Mrs. Bridget Bayo-Ajayi explained that to access the product, the customer is required to dial the USSD Code *4018# and within 60 seconds, registration will be done.

Shareholder group leaders Chief Timothy Adesiyan and Mrs. Bisi Bakara lauded the efforts of Africa Prudential Plc, believing the innovative USSD product will challenge other registrars in the market.

Any likely implication on the share price movement?

samzepaparazi:
I dont think the bulls of transcorp are over.

I think the case of transcorp is just pure profit taking.

I dont expect it to fall below N2.

Ordinarily, the price is not suppposed to fall, but some set of people are bent on crashing it.

They keep forcing the price down to the least price possible even when indications show that bids are in favour of price increase.

I hope they finish collecting their profits by tomorrow and allow the market breathe.

I also dont expect the price to crash 3 days in a row and continue.

Tomorrow will be green
Still hopefull

Moreover, I observed that even when transcorp was at full offer, about 400 million units were still bought, apparently the buyers are privvy to some info not yet in the public domain.

lancee:
Oga me i no trust all these manipulators oo..just follow dem with 2 eyes opened if u wan roll with them ..One mins Bids , another min offers They suck offers anytime they want to

Hhahahaha, manipulators indeed, and they are just too good at what they do.

lancee:
We are limited to info on NSE ..Another way to have an idea is just to watch volumes on stocks and current info ..Something happened with Transcorp shares today as well ..Some pple will make money in oando once resolved

Lets see how far with Transcorp this week , I do not think it was dumping ..I think somethin dey brew

U think soo, but the offer on transcorp at close of trading was still huge. Anyways we wait and see what happens tomorrow and going forward.

samzepaparazi:
Blood of zachariah

Who is pumping 50million units of transcorp at once.
7 times now thats 350million units by one entity as at this time


Im not decamping again

Hope you managed to decamp? Transcorp after the huge volume still ended bearish. just played a fast one on those that jumped in. More dumping likely to continue tomorrow.

fxuser:
yes its a buy ... but i hope u will see d bigger picture so u don't get shaken out ''IF'' it drops a lil more .

dis:
[b]I'm learning to write more plainly this yr (very tough)
[/b]I will not be held responsible for ur trade
I also own dis and intend to buy more

Thanks bro and remain blessed.
At d bolded, keep it up cos at times you sound so technical and logical that I doubt if newbies will be able to interpret and get the point you making as to wheher to buy, sell or hold. All in all, thumbs up.

philipworld1:
NSE MAY CLOSE IN THE GREEN TODAY OR STARTING FROM TOMORROW.

Hmmm, based on? logistics baa?

BMZK:
I have sold all my holdings.
Waiting patiently with sharp cutlass for new entries opportunities to surface.
What a good new beginning of the year 2018!!!

You were told to keep your eyes on crude prize but you chose to succumb to your itchy fingers. Mr Brent has done 69.62 today, a little shy of 70 dollars a barrel. Just ensure you don't wait till eternity with your sharp cutlass cos that your sharp cutlass may turn blunt after long period of dormancy.

2zona:
Well if you care for a drink, meet me by 5pm at Oriental hotel VI, Lagos, cos God has already blessed my portfolio more than i expected this year. Am already OK with the level of appreciation in my portfolio and any other +ve move na jara.

Just waiting for market to close so i can take a screen shot of my updated portfolio and set as my wallpaper, loooools, yeah the excitement is this much. Thanks to to the gurus in this house who have always shaped my investment decisions and thanks to the FPI for bringing in their dollar money. 2018 is already rocking.

Zhirinovsky:
When?
Where in oriental?

Today at water front lobby

Well if you care for a drink, meet me by 5pm at Oriental hotel VI, Lagos, cos God has already blessed my portfolio more than i expected this year. Am already OK with the level of appreciation in my portfolio and any other +ve move na jara.

2zona:
Chaiiiiiii, are u guys sure Mr Oscar will not trigger circuit breaker for this market cos the rate of this bull rage is becoming so strong and alarming.

Offers beginning to dry. Hot money still flowing heavily, another gear being engaged.

Chaiiiiiii, are u guys sure Mr Oscar will not trigger circuit breaker for this market cos the rate of this bull rage is becoming so strong and alarming.

Looks like market reversal is at the corner, serious profit taking ongoing.

Godisfaithful:
...The forum is fully loaded indeed. Money!Money!!Money!!!

Anyway, it might be rumor...”Those privilege to know more about Uncle T companies state that they made a lot of money last year...particularly mentioned one AFRIPRUDENT,...”

Not a recommendation just a rumor lol

so juicy dividend and a possible bonus may be expected then, fingers crossed all the way

onegentleguy:
I said it here days back that oil and gas coys will surely be one of the the core benefactors given the present scheme of things. ...I recall I mentioned CONOIL and ETERNA then. ...Both have since gained over 40% with still much room for more.
...No doubt the current trend favors them.
They are relatively healthy on a peer to peer and sector comparison basis hence the absolute need to reprise. ...But then again, what do I know.
For some stocks, I have totally decided to go to sleep while allowing Mr TIME the complete liberty to do his reprising job.

Ok thanks and well noted, let me simply sit tight on my units and observe from the sidelines.

Seems Eterna plc gained massive 10% and still closed on full bid with little volume traded. Have they won their fuel subsidy case against FG or is the price of crude oil positive for it?

Agbalowomeri:
I expected a heavy bull this year
But the drama unfolding is beyond me fa

Infact am even scared of whats going on in this market presently, like seriously, are these real money or bloody money flowing into NSE?

70 dollars per barrel of crude at the doorstep. All share index ain't seen anything yet.

ETERNA OIL BID SIZE just exploded, observation mode activated. This market is just high on something.

safepaulooo:
Transcorp is on a recovery path, the worst is past. 360 million units sold and closed in the green....smells like BUY signal for me . I Might be wrong

Thanks bro.

BMZK:
Over 360 million units traded. It is worth keeping ears on the ground.

Please what do we do. Its not a matter of keeping ear on the ground. Immediate action is required here. To do or not to do?

Yayira:
wow 360 million units. Any news ?

Please what do we do. Its not a matter of keeping ear on the ground. Immediate action is required here. To do or not to do?

Bianco1:
Transcorp...large volumes going on...hmmm

I saw it too but was now wondering what the implication could be. Could it be a sign to buy in OR sell out. The gurus should please advise.

Toluway:
Anybody still dey afriprud so? Where is this friend whom I asked to be patient? Me self don begin lose patience. Correct stocks full ground jare

Am still here fully loaded and am not leaving till the release of Q1 2018 result. Note that as long as ucap is moving, APR has no option than to move ahead of ucap however slow as long as FYE 2017 expectation is concerned. DD adviced.

fxuser:
Breakout Alerts

UBA
Zenith
Access

Watch for continuation and fri closing

Like seriously? You mean their is still upside potential in these tier one banks? I wonder how far they can still go given the massive rallies they have enjoyed YTD. I feel tier two banks have more upward movement to give than the FUGAZ. We watch as events unfold on the floor.

Intendy:
stocks with new 52 week lows

JB #27.00k

Morrison #0.53k

studio press #1.99k

stocks with new 52 week highs

dangote flour #12.07k

fidelity bank #2.25k

fbnh #8.49k

diamond bank #1.53k

nascon #17.12k

dangote sugar #19.93k

Uba #10.79k

union bank #6.53k

global spectrum #6.33k

medview #1.91k

NEM #1.52k

APR #4.15k

NAHCO #4.40k

dangote cement #251.00k

GTB #43.05k


new lows 3 , new highs 15

Obviously this bull will not last for ever so the next puzzle will be when do one bail out?

ukay2:
Please am still waiting for responses.......Thank you.

On Afriprud, substancial part of their investment income arise from TBILL and their 365 days tenored bills obtained at the highest TBILL rate (22-23%) ever in the Nigerian Tbill history will be maturing by year-end and first quarter next year. Their dividend payment pattern has always been 60 percent of their EPS (39kobo already certain based on q3 EPS OF 65kobo). Their 2017 q3 eps of 65kobo already surpassed FYE 2016 EPS OF 52kobo. Certainly, good dividend payment lies here but am not sure of capital appreciation. Due diligence advised.

AFRIPRUD PRE MARKET.....Scary!!!

Counting down to 10:15 am tomorrow, transcorp which way

bigjay01:
Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

For all I care, who bought and who sold 11billion units of transcorp should not be a concern. The major point is that FX liquidity has improved, gas supply has improved, FG is gradually settling their debts to gencos Mr brent crude is headed for 70dollars, recession is over and transcorp is poised to report an impressive result (profit after tax) for FY 2017 compared to loss after tax reported last year. So why all this fuss about cross deal. Lets watch and see.

ETERNA OIL will not want to come down to 3.5 again?? This waiting game sometimes can be so regrettable. now the stock has gone on full bid.