₦airaland Forum

meine:
Hmmm i understand you, the reason i answer him like that was because i saw him condemning one guys analysis few days ago on this page. Its not a good thing to do. I am a 45 year old man, i can sample conflicting opinion and take good decision. He mention UBA later, why he no go straight before if he really wanted to help?

Sir, don't always judge a book by its cover.
Some actions are coincidence sometimes. Not enough to draw a conclusion.
While UBA is good, me I would also mention JBerger for dividend and possible price appreciation at price btw 23.50/24. If you can get below this fine.
There are other good stocks too, let me leave it for my ogas on top to mention.
Remember due diligence applies sir.

meine:
Madam please i dont see negative energy o, I didnt crack a joke, i asked a money saving and serious question. Wetin con bring "writing long epistle" for inside the reply? Is it to deter those who can provide good analysis by tagging them as "writing long epistle"?

Bros, don't always take anything too serious in a faceless forum.
We don't only make money here, we joke as well, make person no come develop hbp.
There's a lot of uncertainty in the market now due to the situation of things in the country and the world as a whole.
The short/medium term risk takers in the market are even monitoring their investments so they can take action when there's the need to do so. Difficult to advice newbie on any stock now.

meine:
Why the laughter and joke if you dont have a reasonable response? Is that the only question i asked? Please swerve.

Oga, you need good dose of patience o. Negative energy will do no good.

DeRuggedProf:
That is the singular reason I can't be of help to you. If I could answer that question myself, I assure you, you would have never read any epistles from me on this forum. I would have been busy updating the world on the progress of Dangote refinery....

When I saw the post, I jejely passed................say this one na kwesion for the Oracle and ogas on top....

rebekah2011:
You missed out on United Capital Plc, Africa Prudential Plc.

I dont think United Capital Registrar exist again.
Guess it merged with Africa Prudential.
Even UCap uses Africa Prudential.

dipoolowoo:
Shareholders of FCMB, UBA, 5 Others Expect Dividend Payment Alerts This Week /

Africa Prudential Registrar PLS TAKE NOTE!

LAFARGE WAPCO:
Dividend: N1.00
Qualification Date: Thursday 30th April, 2020
Closure of Register: Monday 4th May to Friday 8th May 2020
Payment Date: Wednesday 3rd June 2020
Registrar: Cardinal Stone

DANGCEM :
Dividend: N16.00
Qualification Date: 25th May, 2020
Closure of Register: 26th May, 2020 .......Pls note this!
Payment Date: 16th June 2020
Registrar: United Securities Limited

E ku market o.
Market started on a good note..........
Though looking Up.................but investors are trading cautiously cos of negative news all around............
GTB trying to lead the race Northwards ......................lets see how this goes.........

NB: Someone asked me about my GTB, guess because I always monitor the stock.............the reason for mentioning it often is not unconnected to the fact that GTB is a leader in the banking Sector and gives direction to the sector most of the time, which could extend to other sector as well.................if its falling, dont expect much from others, if its rising expect others/some to trail behind or stabilize in price.....................
Dont ask me for any chart that points to this.

atere4ever:
@Mcy, plz help with this. How do I withdraw fund from my MorganCapital portfolio? I'm yet to get used to the platform.
To be candid, Morgan is good for traders. I like the Price-Volume relationship menu.

Simply send email to them stating the amount you wish to withdraw with your account details sir.
They will reply and credit your bank account. Just ensure you give them the account number registered with them i.e. the one filled in your acct opening form.

...

ukay2:
So your not expecting dividends from the Tony's portfolios next week?
We are waiting for their dividends. .....plans have been made in reinvesting them already

I'm expecting from one of them o.
I don spend before collecting self. Let them respect themselves and not come up with any story next week again.

OLOBAM:
I was reading all the insult throwing by both parties yesterday and I know something must have happened offline and not from discussion on the forum.

It didn't take me any time to discover this when I read their first few posts.
It's one of those things anyway. We agree to disagree and vice versa. Let both sort out the differences in an amicable way offline. We love them both.

IYGEAL:
Meanwhile, the foregoing discourse points to a conclusion that the markdown date is the single most important date in terms of dividend qualification. Yea? So anyone who buys a day before the markdown is DEFINITELY getting the dividend and anyone who buys after, won't.

Yeah! You're right.

ukay2:
Loooooool
Especially in a long bear market
If uncle Tony companies refuse to pay next week dividends as promised, these e-fights may enter gear 2.
Remember the lock down is biting hard and Coronavirus no want relax
But in all these, we all will be fine and STILL MAKE MORE MONEY FROM OUR PORTFOLIOS

This got me lmao.
Iffahia say e go enter gear 2. Lol.
At least, Mcy wouldn't be part of it.

billtommy:
Wow, i used to think this is the sanest thread on NL. This has proved me wrong. Everyone is expected to treat each other with respect, dignity and address issues with maturity. This is fast becoming a rowdy market. Please lets caution ourselves and face the purpose we are here for.

Lol. That's how it used to happen sometimes o, especially during bear period when people are losing money.
We will all be alright las las.

Hhmmm. It's been long this type of e-fight ensued here.

All I saw thru the postings was a personal beef behind camera and between two people which was extended here.
@DerrugedProf, why extend your beef to the forum when we were not there when it started in the first place?

I can recall the last argument btw you and OGG, which could have resorted to e-fight like this, whereby he mentioned that you private-chat but came online to antagonize him, in which you used jokes and tactics to avert it. Both parties and everyone was happy, it never degenerated to e-fight like this, thus derailing the thread. Where is the wisdom used then?

Prof, I'm sorry to say that you disappointed us this time around. You are far more and bigger than this.

Without saying much or siding either party, I will like to beg you, OGG and all parties involved to sheath your swords. Let's return back to what this thread is all about, so we can all continue to benefit from its objectives.

Pessimism and optimism opinion and analysis should be welcomed. Caveat should however not be neglected. It's well.

Waoh!!!
I logged in here, saw plenty pages and said "hope I'm not late to the party" thinking you're sharing hampers and relief materials, because free things like this is one of the things that generate traffic.....but I was wrong.
Okay, let me continue reading first....

IYGEAL:
In other words, selling a day before the mark down would ensure the seller gets the dividend?

That's exactly what I did with UBA. I thought I won't be getting the dividend. I'm waiting.

A day before markdown is the last qualification date.
No. You wouldn't get if you sell on that day.

Princkez:
qualification date

You will get. First Registrar is up to date....and like Pa Emma and Rebekah said, close of register is a range of dates, enough to get record of all qualified investors.
Pls try and come here to confirm if you receive it once paid. It will help us put some of the arguments here to rest.
They're paying on the 30th I think.

emmanuelewumi:
If you buy on marked down date you won't get dividends, because you will be buying on a discount ie the dividend declared must have been deducted from the stock price

Exactly sir!
Buying on markdown date will not qualify the buyer for dividend cos they deducted the dividend amount already.

locodemy:
was 20th qualifying or markdown date?

You can consult them to know if they observe the T+3 rule.
If they do,if monday 20th April was qualifying date,you will not get it 'cos the shares will reflect on the registrars record on the 23rd of April..

Again, this is wrong. Think OGG addressed this issue in details before.
T+3 is no longer applicable to shares reflecting in your trading account or in registrar's record. Digital means of operations is highly in vogue now.
Why do I buy a stock today and still see it reflect in my trading account by close of biz?
Why do I sell a stock and still use the proceed to buy another one almost immediately during trading hours?
An area where T+3 applies is the area of fund withdrawal now....if you sell today, you can't withdraw the money into your bank account until T+2 days or T+ 3 days, depending on the broker.
Like I said earlier, this is Nigeria where we come behind in technology related aspects.
In order to avoid becoming a victim of no dividend cos you bought on last day of qualification, I think the best thing is to avoid buying on last date....think this is the solution and where your posts are valid.

locodemy:
I have a verified info about my post above and its 100% truith.
what I said applies to united securities,cardinal stone and veritas registrars.
Kindly consult those registrars and take my words for granted if not true.
Again I said dont buy a stock a qualifying date hoping to get dividend rather sell your stock on same date and see if you will not get the dividend.

Welcome back sir Loco.
Concerning buying on qualification date or not, just know that whosoever buys on last day of qualification will qualify for dividend just like Exlaidback said.
I however do not doubt your claim that someone may not get when some registrars are involved.
You should understand that "Change" is something that's difficult for some people to embrace, they are used to their old ways of doing things, they are somehow comfortable with it and very reluctant to embrace new innovations........this is the case with some registrars, some are so backward. So also some brokers.
See the case of Cashcraft, they are big with large customer base. They ought to be among the first set to introduce and embrace digital form of trading but they chose to remain analogue despite the huge risk digital poses to them.....today, they are losing customers.
I mentioned few days ago that I sold my fcmb before markdown simply because I don't want Cardinalstone wahala. They'll still insist that you must submit e-dividend form to their office nearest to you when others are processing scanned copy send to them via mail seemlessly.
In essence, buying on last day of qualification should automatically qualify such buyer for dividend but Registrars names must be put into consideration before doing so......that's my little contribution.
Chai!! Me self don write epistle. Make Una no vex.

DeRuggedProf:
Agba will locate you too.....

Wetin I do nah?
The village wives don put Agba under house arrest. When last did you see him here?

ositadima1:
Are you holding GTB for mid/long term? If not, what is u exit price?

Bros, what works for me may not work for you o.
Me I'm a short termer and besides, I don't have GTB.
GTB is better hold medium term, long term is for dividend hunters.

ebuka1997:
House please I had Mtn before the qualification date and I still have it now, I didn’t fill e dividend form can I fill it now and still get dividend paid to me?

Yes. Fill and submit it. Once approved, you will get your dividend.
Dividend could be claim up to 10yrs back......not sure if someone can claim if it's above 10yrs.

GTB is slowly, gradually moving ....19.15 now
Zenith trailing behind....14.20......
Both still looking up......
May rub green on others if they keep moving.....

Bomboclad:
Conductor, abeg who are we waiting for, this bus needs to move soon or I go come down oh!
Driver, abeg talk to your conductor!

Is it fbnh? Whether na train wey no gree full since.

UACN: Bids showed up, may end up not falling below 6/6.20........
Cautious trading in market, though overall looking up............we see how it goes.....

dinyelutochukwu:
Many thanks for sharing OGG. I share in their optimism....

Oga....and you copied that whole writeup just to say few things?
You should have simply share the article nah.

onegentleguy:
Relatively flat result albiet with an improved performance accross several KEY revenue and earnings line.
...UBA also retains a BUY rating.

However with this report, ACCESS still maintains a top spot ahead of UBA for us given their current market prices.(MoS from FVE with risk-reward peg in view)
It is well.

Sir OGG, thanks so much for bringing result analysis back to this thread. Those Q1 short analysis makes so much sense. God bless you.
I just hope other analysts will also come back.
I equally hope those that are good at attacking the person of analysts, their analysis and opinions will desist from doing so. They somehow "chased" and discouraged them. Let's learn to counter with constructive criticisms, whereby we'll all learn instead.
Someone needs to look for our detecthief and bring her back so she can arrest any trouble maker.

Bomboclad:
The commentary represents you nah, so na you I miss.
Market is taking passengers, at one junction near Yaba; soon, it would be off.
I meant an upward reversal @ ASI. It is currently retracing temporarily and would be up again on or before Friday next week. Na so I dey see am for chart, so I am tryna give folks a sense of direction if none. However, I expect Banking stocks to continue with its current upward reversal thru to next week.

OK then.
We pray so.

Bomboclad:
Mcy56, finally you here.....welcome; missed you!

Just tell me you missed the commentary. Lol.
There's nothing to comment on cos the market is just there, but one good thing is that it's not tanking and no panicking......
You mentioned reverse in one of your above comments, which of the reverse pls? Up or down?