₦airaland Forum

what is NSEPA ooo?

stcool:
If your source is accurate that one is Aliko's business, I am buying MTN today...like it or not MTN would overtake Dangote Cement in price, for a stock that pays out 80% of this profit as dividend.

Yes my brother follow your mind!

[quote author=lancee post=78724081][/quote]Yes boss! This is the pure truth many still fails to accept, the fact that one person did and succeeded is never a guarantee that another person will do it and be successful. If another Person ventures into it all the money may go with it and the person will now start all over, imagine some one who wants to retire by 45 and went and do wrong investment cos others are doing it with 10m and he eventually loose all can the person retire again by 45 may be he was 35yr when it happened. I had a little experience. Thank God am back on my feet, I have learnt that slow and steady win the race when its time to diversify comes one we surely know and the resources would be there for u to see but one should never gamble with his first seed. Dangote said dangote group has a lot of money idle and they needed biz investment that can take care of the money that was why he went into refinery and dangote group alone put down $3billion for the project. I have wondered why he did not do telecommunications but he sticks to what he knows best he does not say cos Adenuga is successful he would go into it. Find and investment strategy sticks to it, be focus, be moving, be consistent and mark my words you would be celebrated soon.

Am back ooo I did not fight any one and did not abuse any one ooo na jeje I dey talk oo before the owner of nairaland barred me oo but dey don free me o help me praise God for Church tomorrow.

Mcy56:
Thisday Newspaper: EFCC called upon to investigate MTN listing, saying that its gaining 10% since listing is not brought about by forces of demand and supply.

https://www.thisdaylive.com/index.php/2019/05/22/mtn-and-20-billion-shares/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2318254+%3D%3E+MORNING+NEWS+HEADLINES+&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

so na forces of ogbanje or juju?

oyamhe:
bIKO WHAT IS PUSHING DANGCEM UP WHO KNOW

Qualification of dividend of 16 naira is around the corner. 3/6/2019

garfield1:
Help my on sir

MTNN people will help you sir

dumping would soon start in MTNN

The Nigerian Communications Commission (NCC) has disclosed that MTN Nigeria Communications Plc has till Friday, May 31, 2019, to pay the last tranche of it N330 billion sim registration fine. The remaining balance is N55 billion.

According to a statement made available to newsmen, yesterday, the regulator disclosed that MTN has so far paid a total of N275 billion, thereby leaving a balance of N55 billion which must be paid by the end of May.

Meanwhile, MTN had been paying the fine in tranches. The telco began the payment structure with N30 billion paid to the Nigerian Communications Commission via the Treasury Single Account with the Central Bank of Nigeria (CBN) in late 2016.

On March 31, 2017, MTN paid another N30 billion into the Treasury Single Account. The company then paid N55 billion into the TSA on March 31st, 2018. It also paid N55 billion on March 31st, 2019.

“THE BALANCE AND FINAL TRANCHE OF THE PAYMENT WILL BE PAID BY MAY 31, 2019, IN LINE WITH THE STAGGERED PAYMENTS STRUCTURE AGREED BY MTN AND NIGERIAN GOVERNMENT.

“IT WILL BE RECALLED THAT THE NCC ON OCTOBER 20, 2015, IMPOSED A FINE OF N1.04 TRILLION ON MTN FOR INFRACTION OF THE PROVISION OF THE NCC TELEPHONE SUBSCRIBERS REGISTRATION REGULATIONS 2011; FOR FAILURE TO DISCONNECT 5.2 MILLION IMPROPERLY-REGISTERED SUBSCRIBER IDENTIFICATION MODULES (SIM) LINES WITHIN THE PRESCRIBED DEADLINE, BECAUSE THESE LINES HAD ECONOMIC ACTIVITIES ON THEM WITHOUT PROPER REGISTRATION.”

About the company: MTN Nigeria Communications Plc remains the leader in the Nigerian telecoms industry. As of February 2019, the company recorded the highest number of mobile internet subscribers. The company’s subscriber base increased by 41% to 46.5 million.

stcool:
I don't know why we are worried about MTN, I can tell you to a large extent people in this forum determine how certain stocks play out on the NSE. Let them raise it tomorrow by 10% and if we ignore them, they have no choice than to sell to themselves...

If we all ignore they cannot win this war... Notore is a case in point. Ignore them they will bring it back to where it should be.

Finito! you nailed it. If the so called MTN is ignored by people then they will do the needful

Deadlytruth:
MTN, DANGCEM and GTB gain 9.98%, 4.04% and 2.81%, and index rises by almost 3% despite other numerous grassroots stocks losing big.
All stocks are equal, but some are more equal than the others.

dont also forget that dangcem dividend qualification date is 3rd June 2019

On May 16th the Nigerian Stock Exchange welcomed a big elephant into the bourse. MTN with a market cap of about N1.8 trillion was expected to inject positive activity and attention for the stock market badly in need of one.

Three days later and it is doing the exact opposite. Investors are frustrated because they cannot lay their hands on the stock and stockbrokers are reeling because buy or sell losing a huge opportunity to earn some fees. Of all the people seething from the MTN listing, another group and perhaps the former king of the blocks may have a lot more to complain about.

FUGAZ Performance since MTN Listing
Date FBNH UBA GT Bank Access Zenith
May 20th 2019 7.0 6.0 30.4 6.1 19.7
May 17th 2019 7.0 6.0 30.6 6.5 19.6
May 16th 2019 7.0 6.0 31.0 6.5 19.6
May 15th 2019 7.3 6.0 31.6 6.8 20.0
May 14th 2019 7.3 6.2 31.6 6.8 20.0
May 13th 2019 7.5 6.0 31.0 6.7 19.7
May 10th 2019 7.3 6.5 32.0 7.1 20.0


FUGAZ get toasted: Nigeria’s top 5 banks, FBN, UBA, GT Bank, Access Bank, and Zenith Bank have collected borne the brunch of MTN’s listing. Since the 16th, all 5 stocks have either lost or stayed relatively flat. Investors are not just interested in paying a sizeable premium for the stocks not with MTN in town. Some market analysts believe investors are offloading their positions to get liquidity to invest in MTN. Though there is no evidence to support this, the reasoning is not far fetched.

Optics: MTN listing was supposed to be a blessing for the Nigerian Stock Market. The government essentially forced the company to list hoping this will be a form of booster for a dying market and more importantly have Nigerians share in a part of the cookie jar called MTN profits. As it seems, that is not happening and investors view the whole listing in a negative light. The more investors get irritated and frustrated about not being able to buy these shares the dire the outlook for the stock exchange will be for everyone. Already, social media is agog with people pouring out their frustration with claims that the stock market still can’t be trusted.

What next FUGAZ: FUGAZ are trading at PE ratios of about 4x on the average compared to MTN’s 12x. Its market value may continue to fall in the next coming weeks as investors get more wary about a market they’ve come to loathe. Banks and the wider stock exchange may have to look towards the earnings season for another glimmer of a bounce. For now, they’ll have to be bear (no pun intended) their bearish situation for some more days if not weeks.

anjilgreat:
In addition to what madam mcy has written, there is an additional CSCS fees of 0.3% making the sell charge to be 0.3%+0.875%=1.175%

Therefore:
Buy Charge= 0.875%
Sell Charge= 1.175%

appreciate you, many thanks.

Mcy56:
Buying/selling is 0.875% + SMS charges.
Breakdown:
Broker's Commission: 0.5000%
SEC Fee: 0.30%
Stamp Duty: 0.0750%
CSCS Alert Charges: N4.20 per SMS ......... this is what I know.

many thanks

Please what is the % charge when buying/selling via Morgan capital

Please what is the % charge when buying/selling via Morgan capital


Please what is the % charge when buying/selling via Morgan capital

Jejebabaa:
Zenith is trading close to 52 weeks low, if no be say Zenith interim dividend yield is less than that of UBA interim dividend yield. I for don start to they buy back my zenith shares that i sold after eating the dividend.

u can start to dey average down oo as my ogas dey talk am

Mpeace:
But at 200, what is the point. They pay 80% of eps as dividend, good. But how much does that translate to - less than 10naira. Zenith will give a higher dividend return than that.

MTN, if una no he sell to me at 80naira, make una carry go.

make them just crash the price of zenith, gt and uba. Am ok with the 3 mtn people can enjoy their ride no hard feelings

robobo:
They should bring it on

they shld help push Zenith towards 15/16
push UBA towards 4/5
GTB25/27

I beg them in the name of all things they hold dear they should do it quickly biko

i dey pray too ooo make all the mtn followers help me crash these stocks, make them dey enjoy their loot for mtn but as for me, ZUG is ok for me ooo

seyidboy:
ATTENTION ATTENTION PLEASE
I just come accross my late Daddy's old Nigerian brewery (NB) plc share certificate dated june,1987 with 1500 units. please does any one have the idea of how many units will have accrued on his share account. and how can we reclaim his shares with Nigeria brewery. I have sent email to first registrar which has not been replied.

oga, go to the registrar in person if you want quick result.

pocohantas:
But[b] tbh[/b], deposit is nothing in the long run. It helps, but it doesn't really impact on the bank's revenue.

What banks love is risk assets or transactions that bring quick money. Like dorm transfers and all. What is deposit? Deposit is just to avoid pool borrowing and probably trade. It doesn't pay salary...

i disagreed with the bolded, check the financials of the banks especially the FUGAZ, about 30-40% of their revenue were from TB and where do they get money for investment in TB if not deposits?

cy4cent:
I agree with you perfectly about the staffs at First bank's intentions of hindering him from investing.
My account's officer told me TBills is not a good investment, that fixed deposit is better. I couldn't believe the mail she sent me when I asked her opinion, I had to chat her up on what's app, she repeated the same thing.

I'm on this thread reading these messages to confirm if I'm being paranoid about her intentions, unfortunately I can't go to the bank myself to confirm.

most Nigerians does not know jack about treasury bill because the bankers would always tell them about FD instead so i advice people to just walk into the bank and tell them you want to do nothing but the treasury bill

NeyofeedNigEnt:
Really
A friend did primary market for 182 days with 10m at Gtb.
Is it that gtb accept 10m for primary auction?

They gather all the fund together that was why it could scale tru!

BrokerHaruna:
I don't see that happening except something fundamentally grievous happens in the country

Hmmm..... You don't see it happening? When my mind told me to bail out @ 22.70 someone said they don't see less than 20 happening but currently happening at our very eyes! Anything can happen. Anyway make wealth transfer happen so I can load 1m units

I salute average down people ooo, may God continue to provide strength and means to continue to average down oo. As for me I still dey load my gun for 90% zenith and 10% Gtb only. I no get liver for kobokobo stocks ooo. Only following my mind ooo.

where are the bonanza people ooo?

stcool:
Don't worry about me...CHAMS, DF, FIDELITY is better for me 2019.

my brother follow your mind!

Just sick and tired of all these i rich pass you stuff that have been going all these while in this place. I beg let us humble and swallow our prides afterall, all our gathering are ephemeral we are not even certain if the children we would leave them to will not waste them in a short while when we are no more. If you bought or built houses worth billions and have tenants to God be the Glory, if we have have 1billin in tb to God be the glory but enough of these i better pass u stuff that is surfacing here these days because this some how derail us sometime from useful discussions. My 2 kobo.

abejide1000:
Pls I did my first treasury bill early this year and I ought to have been paid on 5-5-2019(on Sunday) but up till now, I haven't been credited. Someone should pls help me out, is there anything wrong or what's causing the delay in the payment? I'm just new to the TB.

Lest if forget, it is 91 days I did.

Nothing to worry about am sure you should get it by noon today. Since you have your prove of investment, maintain your peace

NaijaBuzz300:
I bumped into this article online about how you can make #8,000 within 24 - 48hrs with just 1k.

I was actually browsing for legitmate ways that i can make money online fast for we in Nigeria. I found various articles but they will still requires you to do many things that i don't have the strenght to do jare or the money to do it.

While scrolling down, i found a post from a blog reviewing a program that makes you to earn #8,000 when you pay 1k.

I quickly clicked on it and resd it. after i understood what they were all about, thank God i had a spare 1k in my account.

With one mind, i joined it but a thought was saying in my head that i have been SCAMMED. but the funny thing was that after i did all they asked me to do, within 4 hrs i started receiving alerts of #1,000 by different people entering my phone.

omo... i was so happy ehn!

Within 9hrs, i had received the #8,000. God is wonderful guys!

well, i just thought i should share it with you guys for those that are broke and are also looking for ways to make extra income sha.

Here is the article: https://naijabuzz300.com/loom-income-program-review-legit-scam-register-about-make-money/

you can read it to also understand it or you can skip it. Your choice

trust people go still lari mo

sellydion:
The market is just trying and teaching you patient. Patience is golden. Enjoy your dividend (10%+) before the arrival of the bull.

Not everyday is bullish.

Hmmm............. normal consolation words