₦airaland Forum

Farida93:
I used my offer letter

Thank you so much for your prompt responses! I'm sorted now. And I've replied your email.

Farida93:
Bank transfer

Hi,

Please i just want to confirm, if you'v been debited and received telex from UBA? Also what did you use as invoice, as UoB did not give us invoice? Kindly answer as soon as you can to save a life please

Mcy56:
Dear, I give no d.amn about that!
I care less for low life like she is.
After respect nah disgrace go follow for her.

Lol.

Wow!

Your outbursts today. Please e never reach like that. At all. We love the other Mcy. Where's she?

This is why I enjoy the sidelines. Too much unnecessary brawling on this thread at times that doesn't even make sense how it starts.

Let's chill biko.

IHelp:
Present Sir!

Note: Not a new mandate. Have been receiving before now.

Anyway got UCAP in the wee hours of today. So there's hope.

Uchetoba:
If your edividend mandate has already been approved and you are using access bank you may check your email for the alert. I am yet to receive the sms alert but I have already transferred the fund to my investment account I will to invest it tomorrow.

Oh no, I'm not using Access. I'll just wait till tomorrow then call them.

Na WA o. Those who've not gotten FBNH alert should gather here so we know ourselves.

If it's to collect all those praises back, make we know.

Justcul:
Like AFRICA Prudential...etc

My brother I don't pray to have any issue with those guys again. After the dragging i had with them in 2016/2017. But dem sabi declare good dividend sha

debeey87:
Edit: in fact First Registrars is the reason why I buy FBNH shares for dividend, cos I know I'll get it without sweat or issues. Even if I don't own any FBNH shares for over a year, whenever one buys, without re-filling any e-mandate you get credited.


Veritas and DataMax did the same for when when I bought back my GT and Zenith share this year.

Frankly with e-dividend, all registrars should be operating at this level by now, except for the archaic/unserious ones.

Jejebabaa:
Wow, this is good news for me then. I dont have to refill FBNH form cos I sold all last year

Yeah they're paying tomorrow by God's grace.

Jejebabaa:
Veritas registrar of zenith is very efficient and they dont make such mistake. It has been proved that First Registrars is known to make this mistake.

Yeah I agree, Veritas is quite efficient and very unlikely to do such but First Registrars too in my little experience with them have proven very efficient and I'll be surprised if they do that.

Edit: in fact First Registrars is the reason why I buy FBNH shares for dividend, cos I know I'll get it without sweat or issues. Even if I don't own any FBNH shares for over a year, whenever one buys, without re-filling any e-mandate you get credited.

gamaliel9:
Check your mail with them and even your phone.. There should be a message from UBA,UCAP,APR and Afriland too.

Thanks a lot Sir

There's actually a mail from Afriprudential sent on the 9th of April, which I missed.

emmanuelewumi:
All of them are having their AGMs by proxies.

So they are expected to pay next week

Really Sir? Wow, good news. Thanks a lot for the clarification, I must have missed the announcement for the rest.

People that are expecting Tony's dividend next week, hope we know it's only UBA that's paying.

UCAP and Afriprud are pretending as if they have never heard of AGM by proxy. So they're not paying except I missed a memo or notification, if so someone should please enlighten me. So people don't go and wait in vain then now start another insult/fight lasting several threads when alert no show.

Just a PSA.

locodemy:
For those of you who are interested in buying stocks for dividends,pls kindly follow this directions I will show you in order not to miss your dividend.some people sold their stock on the qualifying date and still get the dividend while some bought a stock on the qualifying date and miss the dividend.

kindly note that it takes T+3 for any purchased stock to settle on the registrars record book.If a company declares 10kobo dividend and give a qualifying date lets say 10th April and markdown date 11th April.If you truely need the dividend,you will need to buy the cpmpany shares on or before 7th April for your name to reclect on the registrars record on the 10th April.

Dont buy a stock on the qualifying date and hope for dividend.You will not get instead the perspn who sold his stock on the qualifying date will get the dividend.

pls be guided accordingnly.

Normally I'd read and move on especially since this matter has been overflogged on this forum.

Bro, this is false. In this age of digitalisation it doesn't even make sense.

I had several shares of ZIB which I sold all but a few in tranches. The last sold batch was on qualifying day of March 9th. I only got div for what was left in my account as at March 9th. Didn't get shishi for the ones I sold that day. Wasn't expecting to anyway.

Any broker telling you this should be challenged. Except a registrar is just being lazy or they still employ some analogue methods which I doubt, this should never be the case.

I greet you Sir.

Please, experts in the house, what is happening to LAWUNION. What did one miss? Why is the bull not sustained with certain N1.23 coming? Or?

ukay2:
Long time Sir. ....being long time

Thanks for your contributions. ...we need more of this info

Thanks boss/Ma'am

More profit to your folio and God bless

Mcy56:
Chai! Seems I'm so addicted to this thread.....
Let me come and be going before someone reminds me that the thread doesn't belong to me or that I'm an audio shareholder.

Loool. How can. Abeg ma we need you here. Please. We need your soothing effect on the members �.

Mcy56:
Welcome back @ExLaidback
Thanks for your analysis.
Experts here have done in-depth analysis on it too. Maybe you need to read some recent analysis by Onegentleguy and @Pluto09 , then come back with your inference, so we can learn more.

Thanks so much Mercy :-)

I actually read a couple which prompted me to post this, cos I noticed no one really talked about the increased OS and lower EPS, so I'm wondering is it that it doesn't really matter or... I no be expert just trying to think

Good Evening All!

I've been away from the bourse for close to 2 years (life things) and just came back this January. Observed so many things have happened since then and many changes.

Normally prefer to observe from the sidelines while doing my trades - helps serve as a filter. However about WAPCO, there are a few of things and a note of caution.

1. Their EPS.
Though their 2019 results up to Q3 has been very good, the rights issue increased their OS from 5.57B to about 8.6B i.e. over 50% increase so EPS as at Q3 is 128k. Several times lower than previous years.


2. Their 5 year Div yield and Div/EPS history.
Div yield has never exceeded 5% and Div/EPS never exceeded 52%. Going by that trend, say they are able to improve upon Q3 PAT & EPS by 30%, which is very ambitious, then EPS comes to about 166 and PAT to over 26B, expected Div should be about 70k. That's going by antecedents o.

3. Their new management.
They seem to be quite more prudent than previous years.

However
1. They've been known to pay Div from retained earnings, in 2018 (thank God also for the reviewed EDT law from the new Finance Bill).

2a. There's also proceeds from sale of the South African arm. I'm not an accountant, don't know if they can pay dividends from it?

2b. They may want to compensate shareholders for not paying div last financial year and pay div from retained earnings again or even pay a Div/EPS of say >80%

3. There seems to be lots of sentiments around the stock.

Still these are just speculations. The figures say div may not be as usual and enough to sustain the price above about N16 especially in the long term. So it's previous trading price range may not be attainable. It's currently N17+.

Just my thoughts o. Sure the stock price still has ways to go up in the immediate short term at least.

Rubbish. Reverse psychology.

So much more sins to add. Including continuing illegal recruitment without due process or merit into MDAs since this government entered till today.

So who's the right person? Last I checked there are over 20 presidential candidates

Secondly who are you addressing this to? Hope the at least 6 million almajiri/Talakawas that are guaranteed to vote PMB are part of your audience. Though something tells me they can't hear you

Bro if truly you've been sexually involved with such a person, trust me e.coli is the least of your problems. Manifestations go soon start.


.

Yayira:
You’ll report them to SEC but before you send an email go one more time to the reg let them show you prove of UBA dividend collected by you (they have records for every dividend paid) and if they can’t prove you collected such dividend, right there tell them you’ll be reporting them to SEC I bet you they’ll release your money sharp sharp..

I've already tried to explain that to them, asking them to show me how and when I collected the said dividend, instead they said I should write a protest letter. Which one be protest letter?

Thanks I'll just send mail to SEC but I want an effective communication channel with SEC, so it's not come today, come tomorrow.

Yayira:
@Exlaid if truly you did not receive any UBA dividend just relax..
They’ll pay fine and still pay you your dividend.

I no chop o!

Knowledgeable people in the house please help a brother...

Afriprudential Reg has been owing me my UCAP dividend since last year, April 2017. After waiting for the cheque for like 3 to 4 months, I went to their office and they requested that I mandate my account for e-dividend. However their requirements were too much for my busy schedule at the time so I just left it. This year I went back and did the e-mandate only for them to be telling me that a caution was placed on my account because -a according to them - I collected a UBA dividend in September of 2016 that I wasn't due for. Bros I've checked all my records and there was no such dividend collected by cheque or e-mandate. I got back to them with this but their response has been very unhelpful.

So my challenge now is who to report to (NSE or SEC) and how to reach them? Please any one who knows how the process works for seeking redress with regards to an erring registrar should help. I'm also considering having a lawyer write to them but the amount is not that much.

Thanks.

Rokia2:
So Timiya had to tell us what he ate for dinner? ok good for him that booty ain't even that big.

Is it not bigger than yours

.

saintjoel:
There's no country that importers pay import duties without agents. The only issue we have is just because the entire system is corrupt and government has been using it as an avenue to exploit Nigerians for years but I learnt that our duty is still okay compared to some other countries. I've clients from Ghana and Cameroon that sometimes call us to process Nigerian duty and plate numbers for their vehicles and the drive with Ecowas driver's licenses,,people even come from Republic of Benin. Our systems is just filled with loopholes and even we as agents bear the brunt because people believe we're rolling in money just because we're agents.

Bro I've read all your posts and I'm quite impressed and informed with the amount of information passed and the clarity and maturity with which you've done so. But kindly do me a favour and post the customs valuation $ costs for Lexus, Mercedes, Hyundai and Kia brand of cars from say 2007 to 2014. The one you posted is just for Camry and Honda (though they were kind of blurred).

Thanks

OBAGADAFFI:
From experience with CDMA coys, Banks don't have that expertise.

But nobody can tell me ETISALAT or Telecoms companies don't make profits, most of their incomes are usually diverted .

Ernest Ndukwe tried enforcing corporate governance when he was the NCC EVC.

The same man is a director in Access Bank. Ironic

http://www.accessbankplc.com/pages/about-us/board/Dr-Ernest-Ndukwe,-OFR.aspx

Well I can't say why but I can tell you for SURE that Etisalat posted losses for the last 3 or 4 consecutive years. It's privately owned so these figures are not in the public domain. The troubling thing however is that the losses were increasing considerably y-o-y. If the losses were coming down, it would have made a lil more sense to me cos there's a period required to break even after a business starts...Anyway that's it

OBAGADAFFI:
Can banks run the Telecoms business well ? NO.

Access bank, might looking for a strategic investor to buy Etisalat .

Adenuga ? Hell no

Dangote probably.

Yeah I already stated that they'd be more interested in selling since they don't have the sector expertise to manage the coy