₦airaland Forum

drills:
It was actually 18k

Yes and the 15 in freeman67 post is the dividend number not the amount.

nwaogukings03:
Please how do i buy seplat or Airtel Africa shares?

It's simple. If you already have a stock/cscs account with a stockbroker, send them a mandate of the quantity you wish to buy or you can do that on the stockbroker online trading platform and buy yourself.

Otherwise you can click the link on my signature to open a stock/cscs account with Investment one stockbrokers for free and you will be able to buy Seplat, Airtel or any stock on the NGX

Kooll:
Thanks for the clarification.
My expectation based on what l read on this page before investing was that for the duration of the investment till every 1st of January and Ist of July, l will earn interest on a daily which has happened so far.
I also read here that a separate dividend apart from the interest earned within the period will be earned at the end of the half.
For example, if l invest, I will get interest, say 5000 till January 1st, then in January, I will get additional dividend say 3000, so total earnings will be 8000k.
So far, l have only earned interest, when will the dividend come in.
Please help clarify further.

Yes on the facts of the fund it's stated that investors may earn an additional yield equal to 35% of the net income of the fund.
This additional earnings is dependent on the performance of the fund and the additional earnings will be paid after the funds have been audited.
Please as earlier stated you can reach me through the phone number on my signature if you need further clarifications

OBAGADAFFI:
That's what I don't understand.

Their products are not available in the market here in Lagos. Yet the price is going up.

FMN got better market than BUA.

It's better to loads more FMN.

Please note there are many factors that determine price movement of stocks at the NGX, not just availability of products alone.

Some of them like investor's or market sentiments are not tangible factors, you may not be able to measure them but they are there.

Another factor is share holding structure of a company, if a company shares are not readily available just as the case of Bua right now the price is bound to move up because it will be scarce. Bua food shares are own basically by one person at listing. Hence it's scarce.

Sometimes it's just a mere new entry factor as we can see with Bua foods investors just want to see what is up.

Also note that there are some investors who knew a company prelisting period and so they know the worth and can stake their money for it and see the listing as an opportunity to have a share of the goodies

The sector and personality behind the listed company plays a major part as well.

I can tell you today at any time a company affiliated with Dangote/Jim/Tony and the likes for example will do the same crazy movement at the point of listing.

There are some companies that was listed at the NGX in time past the market may seems not to be aware just because no positive sentiment towards it.

Another factor is past experience.
Many people made millions when Bua cement was listed so many believe same will be repeated with the Bua foods.

The list is not exhaustive.

However, don't bother, water will always take its level that is what market always do to all stocks. Very soon Mr market will put the right price tag on Bua foods when the numbers and figures (financial reports) starts to come out from the operations of the company. it's a matter of time.

"Be fearful when others are greedy. Be greedy when others are fearful"
- Warren Buffet

Kooll:
This dividend made me invest in VGIF, am I the only one that is yet to receive this dividend as at January?
My funds hasn't even increased by 1 kobo since January 1st.
I am not happy at all. Hoping to see a change soon, if l see a change l will quote this comment again so people can be well guided. It's not fair to expect something and not get it but l am keeping my fingers crossed till further notice.

@kooll apologies for the inconveniences. Please check your account. Dividends were reinvested yesterday with 1st January as value date.

What that means is that your new interest will be on your new capital as at 1st January even though the transaction date was yesterday.

For the dividend from 1st January till date it will be posted, be rest assured you've earned the dividends already. The posting will definitely be done.

Usually the first week of the new quarter is always busy. Balancing and Rebalancing of portfolios and other end of year/quarter things but those activities don't put a pulse to your daily interest earnings. All your earnings is still on.

You can also get in touch with the number on my signature.

Thank you for your patronage.

Mfunkynation:
I open an account with investment one..
but how does Abacus money market fund works?

Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. 7.70% as at yesterday. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is guaranteed.

If you are conservative with low risk apatite then Abacus mmf is best for you.


You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for last quarter 2021 was done 1st of January 2022.

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- register and monitor your account.

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.

Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you register and invest say 5th January 2022 you will be paid interest for 5th to 31st of March for that period and continues till another payment date.

Start your investment journey of 2022 at Investment One financial services.

You can invest in the following for yourself and minors:

Abacus money market fund
Vantage dollar fund
Dividend paying stocks.

With just a click from anywhere you are in the world, you have access to all investment products of your choice.

To start, click the link on my signature and open account for free.

Start your investment journey of 2022 at Investment One financial services.

You can invest in the following for yourself and minors:

Abacus money market fund
Vantage dollar fund
Dividend paying stocks.

With just a click from anywhere you are in the world, you have access to all investment products of your choice.

To start, click the link on my signature and open account for free.

Start your investment journey of 2022 at Investment One financial services.

You can invest in the following for yourself and minors:

Abacus money market fund
Vantage dollar fund
Dividend paying stocks.

With just a click from anywhere you are in the world, you have access to all investment products of your choice.

To start, click the link on my signature and open account for free.

Few things to Note in 2022

In few hours it will be another year. 2022 … is loading.
I believe the out going year 2021 had its ups and downs, there were some mistakes and likewise some areas where things were done right in terms of investment decisions.
Many met their saving and investment objectives while some could not, some miss opportunities while others make use of opportunities, in all we have learnt one lesson or the other.

As we look forward to a new year, here are some good investment practices that could help:

1. In all your investment moves make sure the safety of your capital takes priority.

2. Note that you can’t be everywhere in terms of investment rather go for what you understand, and you have ability to cope with the inherent risk.

3. One of the best moves in investment is to start with what you have. Don’t wait till you have all the millions. Do something with what you have currently and build on it.
For instance if you have plans to invest in bonds or real estate and currently you only have tens or hundreds of thousands why not start with mutual funds that can help you build your funds gradually and in no time you can invest in your desired investment window rather than waiting and your money losing value.

4. There will always be Ponzi schemes so watch out and tread carefully. When returns look too good to be true it’s most likely not true no matter who is involved.

5. Don’t tie your investment decisions only on rumors. Do your due diligence always. Note sometimes you may see yourself going alone on your decision to invest, don’t bother in as much as you are sure and know you are on the right track.

6. Always endeavor to have a balance portfolio that can help in your risk management. Risks are managed better when spread across different investment windows.

7. Don’t forget according to Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1

I wish you all happy, bullish, and high yielding 2022

Few things to Note in 2022

In few hours it will be another year. 2022 … is loading.
I believe the out going year 2021 had its ups and downs, there were some mistakes and likewise some areas where things were done right in terms of investment decisions.
Many met their saving and investment objectives while some could not, some miss opportunities while others make use of opportunities, in all we have learnt one lesson or the other.

As we look forward to a new year, here are some good investment practices that could help:

1. In all your investment moves make sure the safety of your capital takes priority.

2. Note that you can’t be everywhere in terms of investment rather go for what you understand, and you have ability to cope with the inherent risk.

3. One of the best moves in investment is to start with what you have. Don’t wait till you have all the millions. Do something with what you have currently and build on it.
For instance if you have plans to invest in bonds or real estate and currently you only have tens or hundreds of thousands why not start with mutual funds that can help you build your funds gradually and in no time you can invest in your desired investment window rather than waiting and your money losing value.

4. There will always be Ponzi schemes so watch out and tread carefully. When returns look too good to be true it’s most likely not true no matter who is involved.

5. Don’t tie your investment decisions only on rumors. Do your due diligence always. Note sometimes you may see yourself going alone on your decision to invest, don’t bother in as much as you are sure and know you are on the right track.

6. Always endeavor to have a balance portfolio that can help in your risk management. Risks are managed better when spread across different investment windows.

7. Don’t forget according to Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1

I wish you all happy, bullish, and high yielding 2022

Few things to Note in 2022

In few hours it will be another year. 2022 … is loading.
I believe the out going year 2021 had its ups and downs, there were some mistakes and likewise some areas where things were done right in terms of investment decisions.
Many met their saving and investment objectives while some could not, some miss opportunities while others make use of opportunities, in all we have learnt one lesson or the other.

As we look forward to a new year, here are some good investment practices that could help:

1. In all your investment moves make sure the safety of your capital takes priority.

2. Note that you can’t be everywhere in terms of investment rather go for what you understand, and you have ability to cope with the inherent risk.

3. One of the best moves in investment is to start with what you have. Don’t wait till you have all the millions. Do something with what you have currently and build on it.
For instance if you have plans to invest in bonds or real estate and currently you only have tens or hundreds of thousands why not start with mutual funds that can help you build your funds gradually and in no time you can invest in your desired investment window rather than waiting and your money losing value.

4. There will always be Ponzi schemes so watch out and tread carefully. When returns look too good to be true it’s most likely not true no matter who is involved.

5. Don’t tie your investment decisions only on rumors. Do your due diligence always. Note sometimes you may see yourself going alone on your decision to invest, don’t bother in as much as you are sure and know you are on the right track.

6. Always endeavor to have a balance portfolio that can help in your risk management. Risks are managed better when spread across different investment windows.

7. Don’t forget according to Warren Buffett
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1

I wish you all happy, bullish, and high yielding 2022

Season Greetings
To every member of this forum and all clients of investment one in particular:
May the peace that comes with Christmas abide with you and family

Season Greetings
To every member of this forum and all clients of investment one in particular:
May the peace that comes with Christmas abide with you and family

Season Greetings
To every member of this forum and all clients of investment one in particular:
May the peace that comes with Christmas abide with you and family

joboy834:
Please for those who bought the recent MTN public offer, when are they receiving their shares.

A friend of mine bought through a stockbroker using his trading account, but he's yet to get the shares. His stockbroker said MTN is yet to release those shares.

Your explanation will be much appreciated.

Thank you

Please note when shares are bought through public offer, allotment is not done immediately. There is always a schedule of activities from the period of the offer till allotment.

Allotment of shares is done by the registrars in collaboration with the issuing house and cscs.
Whether you bought through a broker or the bank it's the same procedure.

The information on allotment will be published on the NGX when it's done.
Just be patient.

faoogoke:
Someone please assist me with returns on the sukuk bond being issued by the FG at 12.8%.
Please how much do I get paid yearly if I invest N5,000,000.
Thank you.

640,000

Chevrolet076:
What platform is best in trading Nigerian stock please?

Check out Investment one easy invest platform.

Click on my signature to sign up

Boost your Investment with December Extras

As you get your 13th month, Christmas bonus, higher profits, Cash Gifts, etc,

Remember to invest some or top up your Abacus money market fund at 8.06%.

To open account click the link on my signature.

NB: Account opening is free.

Boost your Investment with December Extras

As you get your 13th month, Christmas bonus, higher profits, Cash Gifts, etc,

Remember to invest some or top up your Abacus money market fund at 8.06%.

To open account click the link on my signature.

NB: Account opening is free.

Care4:
Please how do I use Morgan capital platform to buy the ongoing MTNN IPO?

Except if there is extension, the IPO closed yesterday.
You can only buy from the NGX

Kabongo1:
I need some advise. I brought NEM some years ago through their sales and I don't know how to request or get my shares. It was through a public offer, in the early 2000s...

Thank you

First open a cscs account with investment one. To open account, click the link on my signature and complete the online form. Account opening is free.

Then go to Apel Registrars if you are in Lagos or send mail/call if you are outside Lagos

Apel Registrar contact:
8, Alhaji Bashorun Street
Off Norman Williams Crescent
South-West Ikoyi Lagos

07046277071, 01-2932121
registrars@apel.com.ng

You will need means of identification and a passport photograph when you visit their office.
At their office you will be given two forms
1. E- dividend mandate form to be completed and return immediately that is why you need the passport photo. This help to get all your outstanding dividends not older than 12 years

2. A demat form which you will take to your stock broker in this case investment one if you open account with us. The form will be processed and there after all your holdings in NEM will be domicile in your cscs account. With our online platform you can trade on your shares or buy more from other companies.

My contact is also there on my signature if you need further clarifications.

Kemade2007:
what is the interest rate for Vantage now

VGIF is still 4.5% because sdf was not changed throughout the year hence the rate can't be changed.
The next MPC meeting will be January may be it could be review then.
Main while Abacus gained, moving from 7.99 to 8.03% today

Invest before the year ends!

You can still get an investment that gives you rest of mind with capital and interest guaranteed at the rate of 7.99% or more.

Subscribe to Abacus money market fund managed by Investment one financial services.

Click the link on my signature to open account and start investing. You can open account for more than one product at a time.

Note: Investment one will never ask for cash to open any investment account. Online account opening is free!

Invest before the year ends!

You can still get an investment that gives you rest of mind with capital and interest guaranteed at the rate of 7.99% or more.

Subscribe to Abacus money market fund managed by Investment one financial services.

Click the link on my signature to open account and start investing. You can open account for more than one product at a time.

Note: Investment one will never ask for cash to open any investment account. Online account opening is free!

OBAGADAFFI:
Ironically, most of the people buying IPO are not active in the market.

That has always been the case.
Before active member in the capital market buys ipo or any public offer it's always a last resort after much consideration and prices analysis.
However it's still okay for new comers at least to start investing even if they pay a little more with time they will understand. To them public offer seems to look straight forward because many people have that misconception that buying stock is complicated.

Wapgod:
Is this (MTN retail and institution offers) an IPO?
I was led to believe that this is simply the majority shareholder selling some of their equity in MTN Nigeria to interested parties.

IPO means Initial Public Offer. When a private company or a company already listed by introduction like MTN Nigeria on the floor of the exchange is selling its shares to the public- institutional/retail for the first time it's called an IPO.

However, the final destination of proceeds from the offer now gives a category of the IPO as offer for sale or offer for subscription.

In the first type which MTN is doing, ie offer for sale the proceeds from the offer goes to MTN Group and they are not bound by law to use it for MTN Nigeria, they are free to use the proceeds for other endeavors.

While the second ie offer for subscription the proceeds is plough back into the company as indicated on the offer document.

However for both, the majority shareholder - MTN Group in this case is reducing its shareholdings in MTN Nigeria (the company)
and making more shares available to the public (Institution/retail)

Wapgod:
Thank you @klas for this information.
How can i take up this retail offer?

Get across to your stockbroker complete the form make sure you indicate your cscs number and CHN on the form and credit their account with the amount you wish to invest following the subscription instruction.

You can also go to your bank and do same. However, this will depend on the bank and the branch of the bank because some banks may not bother to participate or some branches of the bank may not be aware of the exercise.

Wapgod:
I have a long term problem with First Registrars.
All channels of communications to First Registrars don't reply.
All emails I have sent to them don't reply.
All their phone number don't go through or leave me taking to an autoresponder when rarely it goes through.
Abeg how can I contact First Registrar and get a reply without visiting their office physically?

tolu.medaiyedu@firstregistrarsnigeria.com
oluwatoyin.olukanmi@firstregistrarsnigeria.com
info@firstregistrarsnigeria.com

I communicated with the above emails about a month ago and got responses.

emmanuelewumi:
You can sell.


Just send a sale mandate to your Stockbroker

In addition to @emmanuelewumi post, please note:

Your trading platform from your stockbroker is basically for trading stocks. What is reflected there is your purchases and sales.

The content of your holdings in the broker's platform is not an official statement in the capital market.

The only document officially recognized to show your shareholding status is your cscs statement which you can get by request from your stockbroker or by subscribing annually to cscs plc.

Bonuses are not reflected on your trading platform and crediting of bonus shares into your cscs account is done by the registrars through cscs plc.

Your stockbroker is only giving you a platform to access the trading floor of the exchange. They don't credit shares, all shares are domicile with cscs plc.

Whatever quantity of shares you have on your cscs can be sold on the platform or by mandate as already stated above even if it's not reflecting on your stock trading platform.

OBAGADAFFI:
Yes, been credited.

Any news about Stabic Bonus?

Stanbic Bonus already credited into investors' cscs accounts.