₦airaland Forum

jideflash:
Today is my birthday. Thanks to zenith for sending my flex money yesterday.

Happy birthday to you.
Many happy returns!
Do enjoy your day and be grateful to God.

pluto09:
I don't think the PFA are the one selling. They are not short time players. They are most likely the ones buying.
The people likely to be selling are the FPI. They stopped the selling in march after they couldn't repatriate the proceeds of the one sold due to dollar shortage. As CBN continues to clear outstanding dollars obligations, expect more selling down from FPI...

You may be right sir.
We keep watching.

anjilgreat:
Thanks, I'll do more findings abt their interim dividend.

It's okay.
Though Q2 was out since July, I've not been following their pattern of div payment.
If I come across any info on this, I'll let you know too.

anjilgreat:
Amen, you won't regret it. Just buy the fundamentally sound stock at a good entry price and you are good to go. Although, you can still stick to the strategy that works well for you
Madam, pls do you know if Dangcem declared an interim dividend?

Thanks Ma'am for the amen.
I sincerely hope jijo will allow me do that......
.......but it's definitely a good and 'relaxed' way of investing in my opinion.

No info on dangcem interim div yet.
If it's in the coy's tradition to pay, maybe you should expect something....though they recorded decline in revenue for Q2 2020.

SlahJoe:
Thanks ma'am, I send my all the other e-dividend mandates to others registrars as you rightly advice me then through the email which they all accepted, it's only veritas that insist I either submit it through my bank or in their office which is not a option for me now

Let me suggest 2 things to you:

1. Courier the form to Veritas.
Before then, call their customer care line, get name of one of their officers, or maybe the phone operator self, address the envelope (A4 size, don't fold the form, fill it with blue pen) to Veritas with attention of the officer boldly written on the envelope with his/her number if you can get it... as well as Veritas phone number.
* Follow up the form with phone calls till delivery. Also follow up with email.
** Think DeruggedProf shared similar experience here.

2. Give Veritas some time to accept the new rule. Afterall na dem owe gbese, let them continue to save the money for you.......that's if you're not in urgent need of it.
* After like one month, resend the mail to them afresh again.
** I did similar thing with Cornerstone.
They insisted the form should be taken to their office, so I just forgot about it. Not very long I stumbled on the mail and I just resent it afresh.....even though I'd long sold my fcmb self.
They replied and acknowledged receipt of the email and that it would be processed accordingly, unlike the previous response.

*** Make Una no vex for this epistle.
cc: DrLammy

UBA don pay.
I rcvd now for my registrar's copy.
Receiving dividend alerts can be very sweet.
I hope to be an investor one day.
So help me God.

SlahJoe:
Good evening gurus in the house, I earlier submitted my Zenith e-dividend mandate at my bank GTB today for onwards submission to Veritas registrar through the e-dmms portal, I just received a call from the bank staff demanding for my shareholder account number which he claim is required for the mandate form to be uploaded, pls I your assistance of what to do next

There's no need to fill shareholder's account number. It's been discussed here on few occasions. Shareholder's number was said to be used during the certificate issuance era.
Maybe the bank official is not familiar with how it works.
Many, including myself have never fill such colomn and the e-dividend mandate was processed without any issue.
Don't know why Veritas is still directing investors to pass thru banks for submission despite that SEC phased bank verification out.
You're supposed to submit filled form directly to the registrar for processing. It's working with some others. Even Cornerstone has changed and started receiving directly.

nna777:
Let's see what happens from tomorrow to Friday.

My oracle is telling me that the PFAs that invested in March are carrying their Kaya after chopping both interim and final dividend with cap appreciation.

.....but prices are not falling.
Doesn't look like flight......maybe if the chartists check their own oracles too, we may have idea of what's happening.

drLammy:
Veritas get plenty wahala jae.. they've been directing me to submit my form via my bank of Which I submitted others online

Bank verification has been phased out.
Try the new submission system in place now.
Someone posted the link here sometimes ago.
If they insist, go thru your bank, it's a one time process.

lancee:
observing that as well

Zee: The more they are packing, the more they're rolling offers out. Weird stock.
Looks like deliberate acts.

lancee:
Zee Inter div received after many years of trying veritas

I thought Veritas is one of the good ones?
Anyway, it should be easier going forward.....since they have online platform for e-div submission.

Seems some funds are codedly entering NSE in some selected stocks................or is it my imagination?
Doesnt looks like they're running away.
Zee: 36M volume at 16.70 so far, MTNN 12M, UBA, FBNH, GTB, Fidelity........
Let's keep watching.......
*modified*

BullBearMkt:
...generally, this is what Nigerians are known for apart from a handful spoiling the name with nefarious activities.

You're very right sir.
No thanks to our insensitive, corrupt and selfish leaders anyway.

Breadfruit:
Please help me o. My GTB dividend that was paid to me is 50 naira. I calculated, i should have way more than that. I have been receiving dividend without stress for over 10 years.

You can contact the Registrar.
Remember it was interim that was paid anyway.

nna777:
MTN Very strong resistance @120.
If there is a significant breakout this week, then a higher high is on the horizon.

Some early crossings at 120 again.

Redstar: bargain hunters sighted below N3.................below 3 actually makes sense.
Ucap at 3 or below surely makes more sense then......

Lasaco: Bargain hunters on queue below 25kobo............

....

currentprice:
My badest boss coolcash, see the strategy u take know mercy real name and where she stay at last

CP, see how you interpret this kind gesture. Lmao.
Well, at least someone can confirm that I'm not a robot afterall.
Actually, one or two Nsempas knows my name, only that I've never come across any in real life. Quite a lot of nice, well mannered, helpful and great people here really.
My warm regards to all my good Nsempa B&SitLs, you're appreciated!

nna777:
You might be right though. But my inference was based on the last 3 trading days last week. A total of 80M shares were offload from wed to Fri @ opening price.

Was thinking its cross deals.
Anyway, let's keep observing Mr. Market.

nna777:
MTN Very strong resistance @120.
If there is a significant breakout this week, then a higher high is on the horizon.
FCMB
Looks like fuel has finished. 160 per litre . Look well before you leap.
Fidson
See as una line up for bid as if una dey filling station

Think FCMB is more of pullback or maybe, general market situation.
The 9.5M and 7.5M single bids has been surfacing since last week, also 10M but that one never arrive.
The question is: Why did they keep placing the offers at day's high?

arduino:
I don't know how datamax does it oh. I have never submitted any e-dividend mandate to them but my dividend alerts for any stock under their care enter steadily. I think other registrars should understudy this guys and know how they manage to pulled this magic/miracle.

That's impressive then.
Hope we can get to know how they solve this mystery and hope other registrars learn from them..........maybe it's thru BVN anyway.

ositadima1:
D alert came to my Firstbank account.

Then, somewhere, somehow, Datamax has your e-div pymt details.
Abi dey don carry another person dividend pay you.
Not possible anyway.

ositadima1:
Do u know what NEFT stands for? I am positive, that is why I offloaded GTB 3 week ago na, I just left very small. If I had know I would have kept it.

NEFT is National Electronic Fund Transfer nah.
Do you have account with GTB? Could be where your details were picked from.
GTB is really upgrading as international bank and staying ahead.

anjilgreat:
My interim dividend of MTNN was paid on the 24th of August.
Another reason should be the reason for the activities in the stock.

Thanks Madam.
There must be another reason for the renewed interest in the stock then.

ositadima1:
Very strange o, I received some dividend from DATAMAX for gtb. The thing is I never filed any e-dividend mandate with them. Is this how it works now?

You sure you didnt send your details to datamax?
Maybe you sent e-div form via mail, thought it wasnt captured cos of no reply from them.

dharpzee:
They don pay interim dividend now

Okay thanks.
Not aware of that and actually not following some stocks.

The kind of bids and cross deals in MTN@120 though.........maybe interim dividend is approaching.

Coolcash1:
Hi Mercy. Remember this post?
I have a book I want to give you that I bought from Amazon last week. Please email me and let’s work out the logistics. I will use DHL to courier it to you.

Wow! Thanks Coolcash.
I was on investing.com over the weekend trying to learn few things but the thing wasnt sinking well self.
PM sent sir.

eziokwunwoko:
ETI and FBNH. Wish deserve a BUY recommendation and reasons.

This question pass WAEC own.
Lol. Don't mind me sir.
Actually, in my opinion, it depends on your motive and investment objective.
** Price appreciation: both have the potential to do so at bull time.
** Improvement in result: both are striving to get it right and continue on right track.
** Sentiment and popularity: FBNH higher than ETI
** Dividend payment: Fbnh has history of consistent yearly payment, even when in the wood, still manage to pay something .....which ETI wasn't able to do when the going was rough and tough........though I read somewhere that ETI will soon resume dividend pymt.
So choose your choice ......monitor price movement and watch your entry.
*** Note that this is purely my opinion***

talk2me2:
Ask BullBearMkt

Are you saying Stockbull is also BBM?

rahjan:
A burial ground that you find so difficult to leave alone. Are you an undertaker?

I don add my "like" to this post.
Lmao @ the question.

fidtopade:
I have some cash with me that I am not going to use soon. So I am seeking opinion of gurus in the house on the best amongst these companies shares to invest for a period of seven to eight months: WAPCO, ETI, FBNH, FIDELITY BANK and GUIENESS BREWERY. note, I will be hoping to cash out between March to May 2021.

Let's wait for the elders and the gurus, this one pass my level.
Where is everyone, this thread is dry.

HelipsTech:
Please have a questions to ask, I am a total newbie
1) How do I calculate dividends, e.g if a company decides to pay 1.20naira per share

2) how do I receive dividends on chaka?

Question 1: Just multiply 1.20 by the number of units you have.
For instance if you have 50,000 units of Stock A, multiply 50,000 by 1.20 = 60,000.......minus 10% withholding tax.......your total dividend will be 54,000.

Question 2: You can ask this question on US Stock pick alert for quick response.