₦airaland Forum

Someone mentioned fbnh some days ago, hope d person is following d trend

pluto09:
You will be a good tisha...

Lol. ...................and that's one profession I dont really like.
Thanks sir.

The kind of fund flowing into Access and Zenith though.

ebuka1997:
Oh no I mean after the qualification date but before the payment date.

You will receive if you sell anytime after the qualification date.
Sorry I didnt get you right the first time.

ebuka1997:
@mcy56 Thanks for always replying, I don’t know how to quote, I would have quoted you so you can see the reply directly... another question after the qualification date can I sell the stock before the payment date and still receive payment as at when due and just leave say 100 units lol.

Check below the comment, you will see: 'quote', 'report', 'like' and 'share'................... click quote for anyone you wish to quote.

You cant receive dividend if you sell before qualification date. It means you didnt qualify nau.
You will only receive for the 100units you left unsold.

ebuka1997:
Thank you mcy56

U're welcome.
Let me add this too: If you are considering buying some other dividend paying stocks in future, you may just buy like 10 units of them so you can use it to process their dividend forms ahead of time.
One of the lectures of Prof and Oga Oracle. With all due respect Sirs.

DeRuggedProf:
SUMMARY:
Habakkuk 2:3
For the vision is yet for an appointed time, but at the end it shall speak, and not lie: though it tarry, wait for it; because it will surely come, it will not tarry.

Which one are you referring to? Access? Wapco?
Prof abeg make una dey break down this proverbs because of we the "infants" wey dey here o.

ebuka1997:
@mcy56 I’m a newbie here, please about your dividend post I have a question. If dividends are declared and I have holding in stock say Zenith bank how do I reclaim the dividend immediately if let’s say I want to sell after some time, the issue of dividends is a bit confusing for me. Thanks for your help in educating us that want to learn.

Once dividend is declared:
* A qualification date will be announced shortly (Qualification date is the date all those having the stock and are in registrar's book will qualify to receive the declared dividend)
* A payment date is also announced (date you should expect the dividend in your bank account).

Now to your question, you have to start processing your e-dividend form(s) now. Zenith's Registrar is Veritas Registrars.
Visit the site below to download the form. Fill it and submit to the registrar (by mail or taking it to their office) OR submit thru your bank.

https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

fxuser:
some bids are just filling up space #issorai

Okay. I gerrit.

Meanwhile, some crossings are taking place in Wapco. Those sales were not from the floor.

fxuser:
access pull back is different sha

How oga mi?
Access has 21M bids against 6M offers as at now sha.

UBA is moving 8.70 now........
Zee, FBNH, Access......accumulation ongoing.................

Newbies in the house, pls plan your trades very well especially if you're not for long term.
Once dividend is declared, some investors dont wait till payment date before cashing in their profits (one oga mentioned it as well Xtyday).
Some sell and cash in their profits to depress the price and thereby re-entered at cheaper price to collect the dividends.
Some will cash in and wait for the dividend payment date to pass, then starts queuing to buy cheaper by monitoring the price movements.
My ogas have said it all, I hope you're learning, we're all learning.

In BBM's voice: Plan your trade and trade your plan.

DeRuggedProf:
Hope Fxuser supplied all the wax you need.....

No sir. Na OYO I dey ooo. Not even Agba self.

Agbalowomeri:
Ope o let me goan sell properties

Na typo jor. Corrected! Wicked somebori. Wait and let Zee faithfuls come for you................

UBA did 8.85 in Xtyday market, sent back to 8.50 by moneybag
May test the price today again and possibly pass the junction.........just my opinion, I may be wrong.........
Access found support at 10.20. Zenith at 21.30, fcmb at 1.90, Fidelity at 2.10, MTNN at 119........

Updating...............

Some guys codedly accumulating Wapco at 15naira, some uninformed investors also bringing out their wares at that price........observing.

FBNH seems to have found new support at 6.90.
Efforts to bring it down below that price failed xtyday, we see how it goes today.

Dividend hunters on queue in banking stocks. Market trading normal so far..................

Agbalowomeri:
Nobody buy for this platform at that price

How sure are you sir?
Whether Peter already re-entered at N11 self. He don silent.

UBA 8.85...........moneybag waiting for close of market to mop up.
BUA ...........mopping galore
Wapco.....................mopping ongoing at 15naira.........how soon will it 'gbe body' self.

*Updated: UBA returned back to 8.50....................moneybag needs to get enough units.

veecovee:
Say we too dey keep quiet no mean say we no sabi anything ooo

Na so. Ride on Pastor!

pluto09:
Many are bullish on that stock just because of Agba
The day you will disembark from the train will be interesting.
I just hope you will inform the house when you are selling so that many will not regret their move

Oga Pluto, so you believed Agba is responsible for UACN movement?
Well, maybe he influenced it but with the analysis done, I think its beyond Agba's call..............dont mind me, I no sabi anything o. Just my opinion.
Peter would have jumped out to reply you by now but he don carry his loot commot.

Dividend hunters gradually taking position in UBA, Zenith, GTB and Fidelity.
FO........needs 100k to move its share price up by +10% for today. 100k bid on ground at N19, needs attention.
Investors skeptical and playing safe at fcmb, bids queue up bleow 1.90

Caveat: This is purely based on observation as trading is ongoing.

Updated: FO moved to N19 already. ...............
I dey suspect someone here Oga bigjay or Prinkez or jamace Abeg na joke o.

veecovee:
They laughed at me when I talked about access and others new support.
I wonder ooo, maybe some people think that the banks would go lower than August price.
We are watching though

Pastor is really charging o. You are fast becoming a technician too.

ukay2:
Please madam, let the pullback begins, so as to carry more passengers like us...

Lol. E don come and go for the stock.

bigjay01:
UACN am I seeing a breach of our #11 support?
technician abeg, make una help

All I see is temporary pullback to 10.65........may reverse back to 11 soon..........................................No vex say I no be technician sir.

bigjay01:
Looks like FBNH will release her audited results on time this year.

FBNH board meeting to YE financial statement : 30 Jan 2020. Hope dividend consideration is inclusive.
UBA : 27 Jan 2020
**Dividend hunters take note**

My ogas pls no vex, try and be typing short notes on these links for ease of getting the gist at a glance............if you already checked it. Thanks.

akinssan:
Three Major Market Signals on NSEMPA that says alot;
1. E-fighting/Stone throwing.
2. Analysis Paralysis.
3. Motivation Talk (Encouragement).

Analysis paralysis.
What of Bull euphoria abi na excitement when you will log in and meet plenty pages to read?

* I borrowed that "euphoria" from Oga Rabbi

BUA Cement - some crossings witnessed in millions...........this stock may surprise/dissapoint analysts this year.
Please not a recommendation ooooooo. Just observing what the guy is up to. Trade at owners risk, OYO.

The bids were more than offers in most of the banking stocks.
Are we going to witness reversal from the pull back? Only time will tell............. we keep observing...............
Not a recommendation

I love what I'm reading from my ogas on top today, not "your shirt will tear" kind of.
Oga Rabbi, Agba, Oakpearl and Pa Emma, More grease to your elbows.
Those contributions were educative and insightful.

Diyke4rich:
Good evening everyone please i need advise and information have ecobank ETI share 800units bought in 2008 I have not recieve any dividend till now please what will be the worth now? And I want to buy firstbank stock for N100,000 Please it's advisable to invest in there stock?

ETI's closed at N7.80....................800units multiply by 7.60 = N6,240 as at today.
You'll have to contact your broker to know/get the dividends declared so far..................if there's any.
As for First bank, maybe you wait and let the price-fall stabilize first. It's good mostly for price appreciation, even though they pay dividends too.
My ogas are in the house. They may have something different to say.

Danniee:
I am in right place to get good advice.
As at 2006, I had shares worth N300k plus but with the melt down in 2008, I lost interest completely. Early 2008, I met a stock broker that collected my original share certificates with the mind to generate CSCS account. I got the CSCS account number but had never been able to log on because I don't know the password. I don't know what shares have become now or how to track it. Please I need advice to move on.

2008 was such a long period nah.
* In addition to what the first poster said, type your name in the link below and check for your name/shares you have:

https://sec.gov.ng/non-mandated/

* Download the e-dividend forms for the shares, fill it and submit to the Registrar(s).
*You need to open account with a stockbroker in order to be able to transfer the shares therein and sell/hold.
* Contact the broker for further instruction on what to do.

thebargainhunte:
I don't know why my own is different. They don't reply my mails. This is my first time experiencing this kind thing and is not funny. They refunded me back my money after the purchase. I have sent mails to Esther, Michael and co but no reply from them.

This is unlike them and very unusual.
Call their landline, someone will pick it up, tell her you want to speak with Michael or Canice.