₦airaland Forum

why cant Oando go beyond 18:69?

bad move by Unity bank to do 1:10 they should have done 1:5. Now they have 11bln share outstanding at 5Naira. 2.50Naira with 22bln outstanding would have been better. I can not see myself buying Unity Above 3Naira.

I am buying Oando today

Myjoy08 Mr buy buy buy.

Let's invade shoprite PEPstore and loot everything
manipulate your dstv decoder and watch dstv free
migrate from mtn to others and break their SIM card
burn all SA Airways planes in our hanger.
Demand the revocation of StanbicIBTC and Standard Chaterered bank Licence

Chibuking81:
We are making more money this year.

Seconded

megainvest:
@Elai147,

This confusion in the NSE is the reason I raised this quiz.

NSE doesn't always quote the ex-div date and the ex-div date is NOT always the closure date stated. You have to read the corporate action document very well to know the exact date. When that date is not clearly stated, then you should target at least 3 working days before the stated closure date.

This is the reason why sometimes people get the dividend and other times they dont. It's simply because the date was not well understood. In summary of all that has been said:

1. If you want a dividend you should buy at least one day before the ex-div date.
2. Ex-div date is the day the stock price is adjusted (mark down). From that day forward, you no longer qualify for dividend.
3. Closure date or Record date is usually a number of days after the ex-div date and it varies. This date is set to accommodate those who bought a day to ex-div date.
4. NSE dates are mixed up. Sometimes they report qualification date, others ex-div date and others record date.
5. The terms closure date and qualification date are misused sometimes.
6. To be 100% sure and avoid confusion, always ensure you have bought the stock at least 3 days to the first quoted date.

No,Price is adjusted on the day the dividend is paid. For example the Gsk Share price will be adjusted on 12th of june.

My bad.
mark down date = Ex-div
mark down price is price after adjustment

megainvest:
Read more here for better understanding:

http://www.dividend.com/dividend-education/everything-investors-need-to-know-about-ex-dividend-dates/

My point is simple Mark Down date isnt same as Ex div date. Shikena

kettykings:
Yes they voted for continuation but buhari is now elected as the president of Nigeria and not president of APC. Moreover Goodluck Jonathan built flyover in kano, commissioned railway project from Lagos to kano that are APC States and even built Universities in non PDP States

Which flyover? The flyover was built by Kwankwaso.

megainvest:
100% correct. The mark down date = ex-dividend date.
The qualification date is the day before the mark down date. To get the dividend, you must remain with the stock till close of business on qualification date.

Mark down date is the day the dividend is paid to investors. Eg Company A is trading at 20Naira declares 5 Naira, when dividend is paid the price is marked down to 15Naira.Your name must be on Register before Qualification or Ex-div date

kettykings:
A deep sea port in Akwa Ibom is all I want from buhari and stable electricity

but Akwa people voted for continuation of uncommon transformation

megainvest:
What I said is "mark down date for dividend payment". The twist was intentional just to drive home the point of really understanding the dates

marking down means removing dividend payout from price of a stock.

The person above me should not be allowed to fly a plane

megainvest:
Morning quiz for all!

Mr bear has 1000 units of Company X shares on 13th of April 2015. Company X has just declared a dividend of N20 per share and the mark down date for dividend payment is 22nd of April 2015. Mr bear decides to sell off his shares to Mr bull on 21st April 2015. However, the settle date for Mr bull's transaction is T+3 which is 24th April 2015. Who gets the dividend?

A. Mr bear
B. Mr bull
c. None of them (i.e. Money goes back to company X!)

Your quiz was confusing. You mentioned payment date instead of Qualification date.

Scholes007:
Some fools will come here and shout arrest their father and mother ...hahaha

dont think he should arrest anybody. He should just make dem refund any money they stole.

Fight against corruption
modernisation of Agriculture
stopping importation of refined oil
light light light.

megainvest:
Morning quiz for all!

Mr bear has 1000 units of Company X shares on 13th of April 2015. Company X has just declared a dividend of N20 per share and the mark down date for dividend payment is 22nd of April 2015. Mr bear decides to sell off his shares to Mr bull on 21st April 2015. However, the settle date for Mr bull's transaction is T+3 which is 24th April 2015. Who gets the dividend?

A. Mr bear
B. Mr bull
c. None of them (i.e. Money goes back to company X!)

Mr Bull

ucheson2:
Good morning friends. I want to thank those of you that sold their oando last week. We can do better this week. Let me appeal to those that have oando to go and sale this week and those that wish to buy oando at a cheap price to search for negative information about oando and post them here or at smn this will help to bring down the price of oando. Let us not forget that oando still have issues with corporate governance. My company wants to increase its holding to 3% in oando, we have started buying since last Thursday but need your help to keep it from flying. Thank you for helping us to achieve our goal.

crap. What was your company looking when oando was 12 naira?

This election will have no effects on the market. The market is currently bullish. it will stay bullish

Pdp is taking over everywhere

Currently SW and North East hold no positions in this Government.

airmark:
There is a rep from IMO state. They should give him , Rochas tried

Ibos are Opportunists they get nothing

Currently the Ibos hold 3 positions The Deputy Senate President Deputy Speaker and Secretary to FGN

Tolexander:
i don"t see that happening.

I see the post being zoned to south-south o north-east.

have you forgetten that there's no APC member from SS and besides Yorubas sacrificed the position of Speaker to NW because of what is playing out now.

The current minority leader is going to replace current speaker. Confirmed

The current minority leader is akume. He is the next senate president

Another loser is The Ibo ethnic group. They followed Jonathan to his grave

If I had a gun and know where someone here lives, I will shoot him dead.

hmm

This is an emotional decision. calm down