₦airaland Forum

Access Bank.

emmanuelewumi:
Are you using GTB or Zenith

Yes o.
Dividends and coupons.
Very important now.

To digress the thread a little,
Still expecting money for a coupon payment
(FGN bonds July 2023) date of 12th October.
Used to be like clockwork.
Y the delay?
Though 12th was weekend but 2 working days ve passed.

emmanuelewumi:
And guaranteed coupons from fixed income investments

Thank you Sir for yr inputs.
I appreciate

emmanuelewumi:
You can get 20% in the primary market


Invest N4 million in Zenith and N2 million in FGN Bond

Brainstorming n planning ahead of my interim UBA dividend. Profit off d table into FGN bonds or buy more shares(Zenith or UBA)?

6M naira into Zenith shares or into FGN Bonds at 18.085% interest per annum for 3 yrs and reinvesting every coupon payment into Zenith Bank Shares?
Or buying UBA shares?
Which is the smartest move?
Ogas in the house guide me. Especially Oga Emma.
Final DD as always is mine and I won't come here one day to say anyone made me lose my money.

jonnysessy:
Interim dividend or even the final dividend is the icing on the cake of every investment. While capital appreciation is the main thing. Where is your location so that i can join you taking my own chilled Hero.

Lol.
Just seeing this.
You were with me in 'spirit'.
Dividends is good.
Especially in this present harsh Tinubu
economy.
Let's continue to buy dividends paying shares.
And also take profits off the table every now and then.

GTCO interim dividend received.
Taking my usual few chilled Trophy bottles every time I received a dividend.
Looking forward to Access dividend next.
Den d big one UBA.

No one has been paid 2023 FY FBNH dividend.
Payment date was postponed twice.
And now no specific date for payment.
Fallout of the billionaire fight in
FBNH.

Sold after the qualification date,
So hopeful I should get it when it is paid.

RodgersAkpafu:
you mean you are yet to receive your dividends for FBNH?

Thank you Sir.

megawealth01:
I'm happy for you. Congratulations

Well done UBA.
U ve justified my offloading all my 7 digits holding in FBNH @N31.90 to add more units of UBA @ N23.95/24 to tk my UBA holding to over 3M. It was a total swap. One kobo I didn't take out.
Will even still chop that meagre 40k 2023 FY FBNH dividend (which I qualified for) whenever they are ready to pay it. Thank God for His grace. God is good.

Suprised this back and forth is still
going on.
Where una get all these energy from?
Please bury the hatchet and move on.
Let's learn to accommodate one another.

U carry better pepper(money) na.
Don't mistake it they love you.
Lol.

megawealth01:
Although I don't have account with them but it will be a good idea to show evidence

I recently opened account with investnaija from the advice I got from a fellow country guy in this oyibo space

It looks like their services is interesting just like meritrade. They always check up on me

Plus or minus
10% cap on prices.
Prices can't change more than
that during a single trading day
on the NSE.

designking:
Is this an error from Blomberg? Can a stock price grow over 20% on the NGX per day?

Ellah Lakes price this morning seems strange

Where is their results?

yMcy56:
UBA
UBA @26!

Contact your stockbrokers if you have the share certificates for those shares.
Request for them to help you dematerialize the share certs.
It will cost you a monetary charge(Not much. Depends on yr brokers),
You fill the forms and summit the share certs(hard copy).
When it's done, the shares will reflect in yr CSCS account.
Used to take a while back then(2000s).
That was the process then. May ve changed now.
Consult your stockbrokers to guide you as what currently the process is

Millibillion:
Good morning my fellow Nsempa, I stormed into this page a month ago and since then I have been glued.
To the founder and contributors, you are all doing a great job,. Following this page, I know one day I will be able to analyze companies financial report, but for now I follow your advice. I got some shares years back due my colleagues then where buying now the issue is
how do I get my May and baker, Abc, Transcop and Access Bank shares that I bought through their IPO between 2015 and 2017 linked to my CsCs account, I just had one using Afri invest. Kindly respond.

Ginalex:
Safe to say you're a dividend hunter

Not really.
I'm a long term investor.
Have been in the market since 2005.
Paid school fees on stocks (Intercontinental,
DarComs, etc etc)
Just recently factored in dividends as
a must.
So long term investor investing in shares that pay dividends.
And reviewing my positions from time to time.

U re right. After DangSugar last result,
I sold all my DangSugar @ N37 and use all the proceeds to buy additional Zenith Bank @ N34.
I even got more shares of Zenith than the shares of DangSugar I had.
It was a smart move.
Have received interim dividend on the added Zenith shares, Will still receive FY dividends on them. And presently, the shares are even worth more than the DangSugar I sold in market price.
I had to make the move to avoid not receiving any dividend on my DangSugar shares for the 2nd year running as likely DangSugar may not pay dividend this year too.
Did a similar thing recently by offloading my 7 digits holding in FBNH at N31.90 and bought additional UBA at N23.95/N24 with all the funds.
Patiently waiting now for UBA interim dividend.
And then UBA FY dividend later which will be better than FBNH FY dividend.
My years of being faithfully loyal to any stock is gone.
No more emotions.


.

ositadima1:
NASCON and DANGSUGAR are on a long-term trajectory as predicted; forget about a merger this year. Have you asked why the previous move was disqualified? Rice is yet to generate revenue; it's not even listed yet. There's no time left; maybe next year's second quarter. DANGSUGAR may produce another negative result. I suggest using the money to grow elsewhere, then come back later while you still can. Forget about the refinery; Dangote Refinery is a different entity from Dangote Sugar. The most the refinery will do is lend money with interest to Dangote Sugar. One will not automatically help the other; that's not how public companies operate. You can hate me or shut me down all you want, but like you, I am free to air my views.

Roarke:
Nice to have you.The execution time is important to me because I don't want a situation whereby I place an order around 10am and something somehow happens and I have to be reaching out to customer care to understand why it was not executed.

Trading online. You are live or realtime in the market. Your orders goes straight to the trading floor. And if filled fully or partially u can see so. Most of my orders are executed instantaneously.
Though, I use CSL.
You don't need to call or follow up any orders when you re trading online.

Zenith dividend received.
Expected more from Access.
Will wait till their FY dividend b4 reviewing
my investment.
I exited some of my holdings(Oando,DangSugar, FBNH) recently cos of poor results/No dividends.
I'm a long term investor but dividends
is key now especially in this harsh economy.
The streets in Naija is not smiling.
Next up is UBA.
Can they do at least 80k?
Or match Zenith n GTCO's N1?

I put in a sell order this morning using my trading portal. Checked the status and it says 'awaiting approval'.
What does this mean?
Do I have to do something as follow up or
just wait?

bovali:
I’m happy that others are noticing this too. Like I’m not trying to steal your boyfriend. I’ve said it time and time again, I’m not selling any product. But once I post facts, she’s number one to attack me. One of the reasons I kept quiet the first time but no more. If you give me one I’ll give you 100 so your head can correct

Na wao
What is going on?
We are all here to help each other and
make money.
Let's bury all these personal stuff.

Any info yet about UBA interim dividend?

Princkez:
FBNH wey get court case by October

Really?
So no date yet for paying the dividend?
Where I come get the 4th Sept from?

What's the update on fbnh dividend payment date?
Was it shifted again?
Have today as their PD on my calendar reminder.

megawealth01:
Nawaoh. Una wey still dey trapped dey try sha...

The small units I have left will experience a topup when it gets to #6, #9 and #12

Trap ke?
Not really.
It's a long term investment.
My holding is in 7 digits and it's my 2nd largest holding behind UBA.
My average purchase price for FBNH is
less than N4.
The returns in terms of dividends has been below expectations but at least they are paying dividends.
If it gets to those prices u mentioned
(which is not likely).
I may buy more.

BabsO2:
FBNH posted in the first half of this month on the NGX of the AGM date change which I shared here on that date and I noted we should not be expecting dividends this Friday again.

Ok.
Explains it then.
Missed your post.
Well done Sir

Raider76:
Will the court allow it this time?

Yes o.
We need it to hold so we can
get our dividend.
I ve penciled it down to offset
some of my children' sch fees expenses as schools resume early September.
Monitoring it like a hawk.

megawealth01:
Are they going to pay interim?

Interim ke?
Knowing FBNH not likely.
Dis is 2023 FY dividend o.
Na im dey drag till now.
And na just 40k per share dividend.

Just reviewed an sms from Meristem
inviting me to FBNH AGM holding on
3rd Sept.
Like FBNH dividend will be slightly
delayed.
Was expecting it this Friday(24th Aug).

emmanuelewumi:
Actually sold my late grandma's house in January 2023.

I used my share to buy Nahco, United Capital, Dangote Sugar and Presco after rigourous research and analysis.

After buying those stocks, I then used them as collateral security which I used to buy dollar at less than N700 which was invested in United Capital Eurobond fund


I have grown my fund more than 250% within 20 months

Na so.
Time no dey!
Flight of Capital.
You must make your capital work for you.
U can't lock it down.
And keep hoping.

megawealth01:
AFRIP has paid

Ok.
Good.
Still expecting my alert.
It will come.
I use Access Bank.

emmanuelewumi:
No be for this market AIT got billions of nsira from Jonathan's administration/PDP for political adverts , campaigns

People rushed Daar Communication shares because of this, when the financial result came out the fund was not recorded.

The late founder of the company said the contract was between him and Jonathan's government/PDP and not between Daar Communication and Jonathan's government/PDP

Thank you Oga Emma for your discussions lately.
Hope it opens the eyes of many.

I recently offloaded my Daar Comm at
47k after waiting for many years.
I can't remember a single communication from them to me not to talk of dividends.

Interesting your take on Oando.
Sold of all my Oando at N4 plus when I got tired with them despite not buying any of my Oando shares less than N30.
The price has appreciated much since then. But nothing much has changed. It is still a gamble.

A gambler can hang around waiting for them but it will be a long wait.

Recently also offloaded most of my Dang Sugar, after their recent results,and used the funds to buy more Zenith Bank at N34.
Maybe I shd ve waited a little for the Sugar but I bought all my shares when the price was below N20.
So that money will get me more Zenith Bank interim dividend and Full year dividend.

Traders can make money from the likes of Oando n co but not true minority investors.

Many in will still cash out at a point. Not easy tying down one's funds for years without returns.

Dividends are important to me and I expect to get them from my investments.

Just got Afriland dividend and also expecting Afriprudential today.

So this is how I roll now as the CEO of my
Holdings.

I only buy and hold dividend paying shares now and once the results is bad. Sharply I reassess my interest in the company.

Everyone shd do their DD and do what's best for them.