₦airaland Forum

Mcy56:
They released it since. Tuesday April 2nd is the qualification date, meaning anyone interested in their dividend (65k) must buy tomoro unfailingly.

I get am plenty to sell oo me I don't need dividend oo wants to collect my dividend upfront. So make them come buy am from me.

swilo:
Good you have a strategy and are sticking to it. Do you really think this is the right time to leave the market??

Pls note this is just my strategy! Stocks in most cases are not usually upwards sustained on NSE after the stocks are marked down for dividend this I hàve witnessed severally and with the current happenings in on politically I don't really see much upwards. In 2018 after marking down of some stocks like zenith, ucap, gtb and dang flour those stocks never went back to the price I sold them I sold zenith at 27.3 after marking down then and I bought @ 20.8 later. NSE is a cycle. What sustains our MKT is FPI and earnings and for now those guys are not interested in our mtk. The market will be galloping till yr end in my own opinion I may be wrong though. Am coming back by Oct/Nov at least from now till that time tb will give me more monies to buy more of zenith. Follow your investment patterns

Beke2020:
thanks so much. Will do exactly as you have said

Good dont sell at all just leave it since you don need the money in a hurry. Please find an investment strategy and stick with that and am sure if you do, your losses will always be minimal. Just leave those stocks there till when the market favors them. To me nothing fantastic will happen again in the mkt this year and as such, am bailing out gradually with last stock UBA to bail out on Monday after which i go to Tbill to make some money then come back to the market later in the yr and buy just 3 stocks maximum with zenith making 85% of my portfolio. Please dont buy stock cos others are buying it stick to your own strategy and you will at least 90% be a successful investors. I was formerly a long timer but now i have changed my strategy to enter at the best price, qualify for dividend or may not wait for the dividend depending on the price and exit then re-enter at a good price again, this i started in 2017 and has really worked much for me cos i ended up buying more of those stocks anytime i want to come back for them.

Still want to thank you all on this forum for showing me the way of "doing it yourself" if not my broker would have sold my ccnn for me at 12 naira with all sorts of excuses. With doing it yoursef you good people showed me, i can minimize my loss then maximize the gain. Thank U all

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/25488_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf

Lafarge Africa is hiding results.

hmmmm ccnn is now on full offer, thank God i bailed out @ 18

kolaish:
Fidelity has released dividend details: http://www.nse.com.ng/Financial_NewsDocs/25483_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf

11k

bailed out of fidelity @2.30

Gurus,

Please when is UBA marking down?

rebekah2011:
Lafarge Africa Plc: Listing of Additional 7,434,367,256 Ordinary Shares Issued by way of a Rights Issue
Dealing Members are hereby notified that additional 7,434,367,256 ordinary shares of Lafarge Africa Plc (Lafarge) were listed on the Daily Official List of The Nigerian Stock Exchange today, 26 March 2019.
The additional shares listed arose from Lafarge? Rights Issue of 7,434,367,256 ordinary shares of 50 kobo each at N12 per share on the basis of 6 new ordinary shares for every 7 ordinary shares held as at 4 December 2018. The Rights Issue was 100% successful.

With this listing of the additional 7,434,367,256 ordinary shares, the total issued and fully paid up shares of Lafarge has now increased from 8,673,428,240 to 16,107,795,496 ordinary shares.
This is for your information and records update, please.

hmmm. Can they do PAT of 16.1billion?

tritritri:
My brother calm down..if there is no news to propel nse upward ...everything will cum down ...

Your head dey there BOSS

Griffon:
First timer in here. I know how annoying it feels dragging a pro back to the basis, but I still have to ask, what are the best stocks out there a rookie like me should try to acquire?

It is not in my practice to tell people the kind of stocks to buy except my household who understand how i have been taking risk all these while and they can take it along with me. For me, i cant buy UBA now cos the party is almost over if would have been better you u had bought when party started or mid of the party like i bought @ 7.15, 7.25,7.35 and the last i bought was 7.60 so average price was 7.33. But if you are a long timer you can still give it a trial. As for buying for dividend and not selling immediately after marking down, hmmmmm is a 50/50 stuff i bailed out of zenith after making down at @ 22.70 and since then the stock has not gone back to that price again, it was the proceeds i used to buy uba @ 7.6 just imagine if i had thought it will go up as quick as possible and left it so also is the case of uba in my own opinion. Unless you want to buy and just go and sleep but for me UBA party is almost over

pls newbie in the house, always do your due diligence before jumping on any stock, am using access as an example because someone has burnt his fingers at least for now. Better to have your money intact than to be waiting endlessly on hope.

Bumzy8:
good afternoon everybody in d ouse. i jst got to knw abt TBILLS last month n i went to my bank last week(Access bank). I told d bank manager i want to investment my little change( 1 million) dat has bn lyin in my acct useless for a while.he gave me a form to fill n whn it got to tenor, he opened his system n showed me some dates n %,i picked d closest wch z 44days @9%.my question now z how do i calculate my interest in case of next time so i can make a better choice cuz i blv i didnt make a gud one nw. i will be expecting ur replies,tnx.

pls always use the attached excel tb calculator instead of giving yourself unnecessary stress calculating your ROI

Stanbic

38days= 9.6%
199days=12.45%
332days= 12.25%

Mcy56:
Access: Bid 1.3M, Offer 40.2M

some newbies would have burnt their fingers by now

CityNGR:
Ta! No!

Yes ooo since u wanted it !

CityNGR:
Taking 20 zombies down will be a pleasure

Which includes you

Saao:
Kano can't have peace if ganduje win. Let president be ready for the violence that will come up after the election announcement.

Then if your anticipated violence did not come you can use yourself to start it then u will know that na only go pmb boys understand they no understand come

DOLLARTEX:
is it a dividend of 825 naira?I am not seeing points for kobo ooo

N8.25KOBO

Patiently waiting for zenith for my Bus stop

Coolcash1:
http://www.nse.com.ng/Financial_NewsDocs/25343_ACCESS_BANK_PLC._CORPORATE_ACTIONS_MARCH_2019.pdf

How we Diamond shareholders will enter the bank in two weeks time (April 2, 2019) to withdraw the cash payment by Access bank..

please let us know how Access shareholders will enter the bank any time they want to go.

onegentleguy:
Never !! ...there has never been any such thing as a compulsion to part with ones holding.
Having qualified(as a DIAMOND bank shareholder/stakeholder), u are now part and passel of the new post merger enlarged entity. ...including but not limited to all benefits and right as shall be due to the former shareholders of ACCESS.
Simple put, u are now a 'full fleged' ACCESS BANK shareholder.

Cheers.

would ACCESS be ok in the long run? FP?

locodemy:
chop your own and clean mouth.
Na your papa company?
If this news is true,don't you think you can make 50% profit from today's price?

I no fit stay long in any volatile stock.I only see zenith,Gtb and stanbic for long holding.

I follow u for back, that is my ideology too.

anjilgreat:
My brother I understand your point because the stock market is very volatile and capital preservation is key but know of people who sold at a loss due to fear of the unknown and I think that it is good to learn from ones experience sometimes. The stock market will definitely reverse at some point in time. I have leant that sometimes, it is more beneficial to stay longer in the market unless here is a genuine reason to sell.


I don't think we can compare the 2007/2008 era of manual trade through stockbrokers and now, the new technology built era in stock trading where you can trade yourself without any stock broker delaying you unnecessarily when you want to sell.

I still have the transcorp shares I bought in 2007@#7.5 and first bank@#33 due to unnecessary delays from them to sell when I mandated them to and that cannot happen now because I can sell myself but I still think that one should apply caution before selling even to d extent of doing so at a loss just because everybody is running.

Yours is well understood.

anjilgreat:
The way investors in the NSE fearfully run to sell their holdings just because others are selling out of panic reminds me of a funny real life experience in the year 2001 during my university days in d university of PH.

UNIPORT has an 8-storey building called Ofrima hall. There was suddenly panic and confusion which injured lot of students, with some breaking their legs after jumping from the 5th floor without really enquiring why they were running around 2:00am when we went to read TDB.

It was later realized that the cause of the tragic situation was a student who while sleeping in a class on the 3rd floor woke up suddenly and started running thinking it was a gunshot when his own rechargeable lantern fell.

This funny event thought me a big lesson in life. Just as how this above story had casualties, thank God nobody died, that is how there are many casualties in the NSE who run to sell just because others are selling. It just shows that we are all humans, but it's good to know why others are running before you run.

if u have experienced what happened in 2007/2008 u will eve run along with them. I know people who lost their lives cos of the crash i can count numbers of people who where retired from Mobil Oil and put their gratuity in stocks at that time 40m to day is 1.5m and some have died. since then i have told myself is better for me not to gain than to loose my hard earned monies and i thank God i have all my investment have all paid in the long run. It is better to live to fight another battle than to say you are brave and perish with the war

Just got the zenith div alert now via fbn

locodemy:
No show here o

no alert yet?

NOTICE IS HEREBY GIVEN that the Twenty Eight Annual General Meeting of Zenith Bank Plc will hold at the Civic Centre, Ozumba Mbadiwe Street, Victoria
Island, Lagos at 9.00 a.m. on Tuesday the 19th day of March, 2019 to transact the following business:-
ORDINARY BUSINESS
1. To present and consider the Bank's Audited Accounts for the financial year ended 31st December, 2018, the Reports of the Directors, Auditors and
Audit Committee thereon.
2. To declare a final dividend.
3. To re-elect the following Directors retiring by rotation:
(i) Prof. Chukuka Enwemeka
(ii) Mr. Dennis Olisa
(iii) Engr. Mustafa Bello
4. To authorize the Directors to fix the remuneration of the Auditors.
5. To elect members of the Audit Committee.
SPECIAL BUSINESS
To consider and if thought fit, to pass the following as ordinary resolution:
6. That the remuneration of the Directors of the Bank for the year ending December 31, 2019 be and is hereby fixed at N20 million only.
Dated this 19th day of February, 2019.
NOTES:
1. PROXY:
A member of the company entitled to attend and vote at the general meeting is entitled to appoint a proxy in his stead. All instruments of proxy should
be completed, stamped and deposited at the office of the Company's Registrars, Veritas Registrars Limited, 89A, Ajose Adeogun Street, Victoria
Island, Lagos State not later than 48 hours before the time of holding the meeting. Aproxy need not be a member of the company.
2. Closure of Register of Members
The Register of Members and Transfer Books of the Company will be closed from March 11, 2019 to March 15, 2019 (both dates inclusive), to enable
the Registrar prepare for the payment of dividend.
3. Dividend Warrants
If approved, dividend warrants for the sum of N2.50K for every share of 50K (bringing the total dividend for the financial year ended December 31, 2018
to N2.80K) will be paid via e-mandate on the 19th of March, 2019, to shareholders whose names are registered in the Register of Members at the close
of business on 8th day of March 2019. Shareholders are advised to forward particulars or their account details to the Registrar to enable direct credit of
their dividend on same day. Note however, that holders of the Company's Global Depository Receipts listed on the London Stock Exchange will
receive their dividend payments after the local payment date.

4. Audit Committee
In accordance with Section 359(5) of the Companies and Allied Matters Act, 1990, any shareholder may nominate another shareholder for
appointment to the Audit Committee. Such nomination should be in writing and should be forwarded to reach the Company Secretary at least 21 days
before the Annual General Meeting.
5 Rights of Shareholders/Securities' Holders to ask Questions
Shareholders/Securities' Holders have a right to ask questions not only at the Meeting, but also in writing prior to the Meeting, and such questions
must be submitted to the Company on or before the 18th day of March, 2019.
6. Unclaimed Dividend Warrants and Share Certificates
Shareholders are hereby informed that a number of share certificates and dividend warrants have been returned to the Registrars as “unclaimed”. A
list of all unclaimed dividend will be circulated with the Annual Report and Financial Statements. Any member affected by this notice is advised to write
to or call at the office of the Bank's Registrars, Veritas Registrars Limited, Plot 89A, Ajose Adeogun Street, Victoria Island, Lagos during normal working
hours.
7. E-Dividend
Notice is hereby given to all shareholders to open bank accounts for the purpose of dividend payment in line with the Securities and Exchange
Commission (SEC) directives. Detachable application forms for e-dividend and e-bonus are attached to the Annual Report to enable all shareholders
furnish the particulars of their bank accounts/CCS details to the Registrars as soon as possible.
8. Profile of Directors
The profile of all Directors are available for viewing on the bank’s website, www.zenithbank.com
By Order of the Board
MICHAELOSILAMAOTU, ESQ.
Company Secretary/General Counsel
Plot 87, Ajose Adeogun Street

kolaish:
I just exited UBA at 765k, same price I bought. I lost/donated the buying and selling charges to my broker.

am also waiting to gather small profit before my exit