₦airaland Forum

Has anyone gotten the UPDC REIT dividend?

Thanks

Snitch24:
2.2m

Sorry, 3m last

:oA registered 2007 Camry XLE upgraded to 2010 is available for sale.
Features:
Panoramic sunroof,
Good leather interior,
V4 Engine in good shape,
A/c and Gear in good condition.
Inspection call 08029736561

Labdi69:
Lol why meristem?

Because I have tried others, and they have the best response time to my complains

jamp:
good evening people

is StanbicIBTC stockbrokers customer friendly. Am looking for a broker to register with.

please can some advice me

Go and open an account with MERISTEM, www.meritrade.com, and thank me later

https://doclib.ngxgroup.com/Financial_NewsDocs/39375_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_SEPTEMBER_2023.pdf

GTCO- 50k interim dividend

https://doclib.ngxgroup.com/Financial_NewsDocs/39347_STANBIC_IBTC__HOLDINGS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

Results have started dropping o!!!!!!

Interim dividend of N1.50K

Heishere:
Has anybody recieved MTN dividend?

Yes, last week

5m?

Yoast:
I was expecting a pull back for Dangote sugar at 40. But it seems the market has other ideas. Still watching

Just relax, pull back go still happen, the merger process is not a small thing, so all this happening is just more of speculations for now, maybe in response to the board meeting of Nascon scheduled for Monday, 28th August.

The scheme of the merger is required, then sec approval, then shareholders meeting to ractify the merger, before the date of delisting is announced.

For Dangsugar faithfuls, una weldone o. Hope una don start to dey pick profits o, as a pull back is being expected soon.

DD applies o!!

winnerr:
greetings. please, anyone kind enough to point me to how i can get started on stocks investment?

Kindly open a stockbroking account, from there a cscs account will be opened for you and then you can start trading. You can go to www.meritrade.com and open a stockbroking acct

ImperialCovfefe:
I have a somewhat interesting enquiry.

Folks here have discussed, at length, the process of obtaining NGN loans from asset management companies and merchant banks based on your NGN assets (e.g., FGN bonds and NGN equities) domiciled with them.

Considering the above, is it possible to get NGN loans but based on USD assets (e.g., Eurobond funds)?

Meristem Wealth Management ltd, will give you naira loan to the tune of 2/3 of the worth of your total dollar equivalent, which must be domiciled with them.

drLammy:
Please who knows how I can reach mytradebook/meritrade customer service
I haven't been able to login to my account for weeks

Kindly help with any information.

For Meritrade, kindly contact contact@meristemng.com, or crmstockbroking@meristemng.com

abuhusna1:
I suspect dangote food may catch up with BUA food

I want to believe so, with the introductory price, in the range of N100 - N120

Mankindman:
https://nairametrics.com/2023/08/01/dangote-sugar-board-approves-proposed-merger-with-nascon-and-dangote-rice/

Its about to go down, More money loading, for Dangsugar and Nascon Shareholders!!!!!!!!!!!!!

I think it will favour DANGSUGAR Holders more, because of their size.

CeeJeckydivah:
Meristem customer service is the most ridiculous and non chalant CS I've ever experienced.

I can't login my meritrade since last week I've been calm ,& trying to discuss with them on how to get the details/, password recovery. The same lady keeps giving me the same answers everyday as if she couldn't care less. So I can't be sent my login details whenever i request for them? Haba why? I mean put yourself in someone's position.

I had some money in their wealthbuddy platform. That one sef to process withdrawal na war.

They said to deposit before i get login details. I did but till today nothing.

Well na them sabi. I never get their time now.

Pls can anyone recommend a good equities broker i can trade with. Good interface and reliant customer service. Is cordros good? Also their minimum deposit for trading.

Sorry to derail the thread.

Thanks.

Kindly send a mail to contact@meristemng.com, I am sure your issues will be looked into.

The meeting will be held this Friday, 28th July 2023.

I believe it will be good for Dangsugar holders, judging by your analysis and balance book size.

emmanuelewumi:
Keep an eye on the board meetings of Dangote Sugar and NASCON slated for this month

A scam,

Heishere:
FTN Cocoa did not make any revenue this quarter.

https://doclib.ngxgroup.com/Financial_NewsDocs/39002_FTN_COCOA_PROCESSORS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

Pa Emma, sequel to this proposed Merger arrangement for Dangote foods, which is better to allign with, Nascon or Sugar?
Based on your analysis, on their Q1 result, it appears that Sugar is 9 times bigger than Nascon, so what amount of units of shares do you think they can offer to Sugar shareholders in the new company and what's your projection as regards the introductory price for Dangote Foods?

The assessment of the 9times bigger is based on Shareholders funds and PBT.

Also sir OGG and madam Mercy can also assist in this discussion.

Custom street, God bless you!!!!!!

customstreet:
When I mentioned it three weeks ago, u doubted me and ignored my information

I don’t say what I don’t know

Breaking news: Japaul on full offer

yMcy56:
Lol. JAPAUL full bid @77k

UBA: Again sighted @11.90....
ACCESS: 17.50/17.60....

UBA-12.90 u mean?

Frangel:
June is end of Q2 and H1. Portfolio managers and firms invested in shares will prepare financials. Profits earned. Provisions made for carrying values, up or down, referencing prices as at June 30.

Trade cautiously, even though the market generally is upbeat, going into Q3 and probably Q4.

Just my thoughts, anyways.

Expected, cash out now and enter back in July oooo!!!!!

megamart247:
Those that make real money from NSE don't talk.

Japaul is doing reverse movement from 100%

Seems, they have removed the lift carrying CHAMS up

Trust, Profit takers on the beat now.

Sterling to pay interim dividend of 0.15k
https://doclib.ngxgroup.com/Financial_NewsDocs/38618_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-ANNOUNCEMENT_ON_DIVIDEND_PAYMENT_CORPORATE_ACTIONS_MAY_2023.pdf

Tony don buy UBA shares finish o, All his children and relative don buy shares o!!!!!!!

https://ngxgroup.com/exchange/data/corporate-disclosures/

To you all, kindly grab your copy now o!!!!!!!!!!!!

The bus will be leaving the Bus stop soon o.

Sorry OGG, you are correct, was using some other assumptions

onegentleguy:
No.
If he has up to 2M unit of GTBANK, his div cash flow would've been over N5M (somewhere in the range of N5,040,000)

Look at that calculation again. .... it's quite simple.

That estimate of I,686,542 unit may not be his exact holding, but it sure will be in that range...
the discrepancy (if any) will only be in the last 2 or 3 digit. (around that 42 or 542 unit)
Might be btw 540-550 unit.

It is well.

Well, as a trader, if he had sold when the price got to N26, he would have been far better off, with a gain of N15m, that is if he bought the shares @N17, last October.

onegentleguy:
With this we can do a rough estimate to determine the vol of GTBANK you hold in your portfolio.

A quick math...

Assuming that V is the vol you hold in GTB, then V x N2.80 (ref: YE, 2022 final div cash flow)= GDA (Gross dividend amount) paid.

Let GDA= y
Then y--0.1y= N4,250,086.04 (Note that 0.1y connotes 10% WHT on the value of y)
So 0.9y= N4,250,086.04
Hence y= N4,250,086.04/0.9= N4,722,317.82222

Therefore y (GDA) which is your Gross div amount= N4,722,317.82222.

But V x N2.80= y (GDA)
So V= N4,722,317.82222/2.80= 1,686,542 unit approximately.
...while you may have bought some of your equity stake in GT earlier, this gives us a clue of your holding.

I,686,542 unit of GTBANK.
...now that's quite a lot!

I dare say that you have built for yourself a great source of passive income... especially if you also hold similar stakes in other 1st tier lenders and/or blue-chip companies.

Do enjoy your dividend but try not to get intoxicated.

Kudos bro!