₦airaland Forum

One thing I noticed is that some people do run away from getting dividend with the intention to come back after markdown, but I just think if the fund is not urgently needed, one can always buy, get the dividend and still wait for price appreciation later.......that's if the person didn't enter at bargain price.
Me, I will soon become an investor ...but will still be doing jijo sha.

PS: This is just my opinion.

nna777:
. Exactly. It applies to both funds settlement as well as share settlement. T + 3 = 4days. anyone who didn't buy before Wednesday will not qualify for dividend.

You guys are getting this whole thing twisted. We're no more in analogue era.
Why is it that you sell a stock and can use the fund to buy another one almost immediately? Anyone that buys today will be qualified, reason for the qualification date. List of qualified investors wouldn't even be drawn on same date, could be much later, only that the last date will be used for drawing the list.
OK. I can see that OGG addressed this already.

bigjay01:
No chance. I believe you need a T+3 for the shares to settle. If you buy tomorrow, your name would not be on the register as at the COB 2moro

Thought T+3 applies to fund settlement?
Anyone that buy shares on the qualification date before COB will qualify.
Someone will advice that he shouldn't buy again but wait to enter after qualification date cos the price may go lower or something......there could be exception to this if market is stable I think.
@Ibrahim505 you can only buy if you want to keep it for long
..... difficult to advice anyone during this period self.

bigjay01:
Was the dividend more than 42k/share? Appears so

I didn't even do any calculation o....but it can't be more, maybe you have some hidden bonus somewhere.

....

Ibrahim505:
post the link bro

You still have a lot to learn.
He was talking about dividend payment that it landed in his bank account. It was paid today.
I also got alert for the tashere registrar's units I have.

PharmAlfred:
UCAP is experiencing serious sell down even with the juicy dividend. Na wa for NSE.

I wonder what could cause this cos there's a cool money to be made here.
For instance, someone with 5M units will get N2.5M (excluding vat) as dividend, isn't this something?

Anyway, for whoever that's still interested in the dividend, there's still an opportunity to pick in tomorrow's market, which is the final qualification day. Will be marked down on Monday 9th before commencement of trading. Q1 result is also around the corner.

Caveat: Just a harmless advice for dividend hunter and a medium-long term investor.

DaCharis2016:
Okay, he was not used to eating Amala before. But cos of the infection, he eats Amala now to neutralize it. �

seyisanya:
Seconded

Thanks boss.

nna777:
@Mcy. we might not say it or quote you, but your presence here can't be underrated. The very fact that amongst a male dominated thread, you are the only consistent female that has a strong footing here is enough to be commended. ( In developed countries where intangibles like this are cited, you will be preped for top leadership positions in multi nationals).

Please keep doing what you are doing. people will always have opinions and they are entitled to it by the way but don't let it affect you. you will be really missed if you leave us

Lol. My bros, I didnt say Im going anywhere o, I'm still very much here. Will just limit d daily updates. Doesn't stop me from commenting on any stock if I wish to.
If I want to run I should have done that when some were forming enem.ies here one time like that but me no send them.
Thanks I appreciate.

donbachi:
If him like make him chop amala spaghetti and ewedu saporati macarino...there is no coronavirus in nigeria.

You're right. There's no Corona virus anywhere in Nigeria.
I was discussing similar thing with some guys in one related topic as well.
I said those th.iev.es were simply looking for ways of siphoning fund or have a share of their own cake from the fund earmarked for the epidemic.
It's a set up and a planned work. The Italian man will collect his own contract share after everything. Shikena!
So Italian suddenly developed how to eat amala and ewedu! Wonders shall never end in this country.

Having read some of the submissions on monitoring daily price movement or not, I must say I've learnt few things along the line.
Anyway, fyi, I used to do this for myself cos it's convenient for me.
I only extend this to the forum as a way of contributing or giving back in my own little way.
I understood daily updates didn't sit well with some, maybe at one time or the other they allowed emotions to have a better part of them and took some wrong decisions based on it but let me remind you that, as a trader and jijo-ist, it's really in order with me. I'm happy few people benefitted from this as well, that's such a relief.
I will withdraw the service to myself again, after-all majority are registered with digital broker and can do this themselves too. Besides, it's not like I get paid for giving updates anyway.
Make Una no vex.

NB: Boss Seyisanya , Oga Chibuking81 , Sir Rebekah, oga Oakpearl and of cos, Sir Pluto09 I appreciate your contributions, I've learnt from your "for and against'. Really helpful.

pluto09:
If you want to be an investor, you have to unlearn this habit of following NSE live on daily basis....

Hhmmm..
Well, I followed market to give updates mostly and to do jijo sometimes, sometimes I don't perform any activity in the market for weeks.
Anyway, you said well. Thank you.

locodemy:
If I must buy now,I will rather set my trap @ oando at the current price as a Jijo trader.At least no doubt of 10%

Nothing do you sir.
Pandora at 2+ is also a jijo candidate to me.....barring any problem again.

Fbnh leaped with whooping 50kobo today to close at 5.65.
I knew it will reverse up with the crazy bids below 4.50.
The moneybag with 30M single bid below 4.50 has been surfacing regularly these days. Another 20M moneybag joined him. If something is not after them, then they're after something. That was how 100M single bid was pursuing it at btw N3-N4 then, the guy must have smiled to the bank when it hit N12.
Only dicerning mind can understand this ......but someone said it's fake bid.

** Na my own I just talk o, not promoting Fbnh, I dont even have it.......but I think whosoever is interested could set his/her trap at N4 region again, if fear go gree you.*

emmanuelewumi:
You don't know how long the panic will last, but if you are liquid, have an uninterrupted cash flow or you have a minimum of 2 years of your living expenses in cash or money market funds you have nothing to fear and you are good to go.

The main cause of the panic and fear is when people have all their funds in the market, no uninterrupted cash flow and they will need to sell their shares in order to be liquid

You're right sir. Especially the second part.

Agbalowomeri:
Wrong spelling
OcToPuS

Lol.
Thank God you don find your voice back according to the OcToPuS.

Being an investor pays, especially with good and healthy stocks.
I'm really eyeing that section now with the digital trading in vogue.......one can always monitor his/her portfolio and the coys performances.
Will just build on two stocks first, then start adding additional one by one as funds show.
The secret is to lay low and strike during panic or bad news time when prices are low, by God's grace.

emmanuelewumi:
Bargain hunters please take note.

....and the Octopus. Lol.

Mpeace:
Pls if you are out of the market, just stay there, Make we know how many we dey for inside this market.

Lol. The noise of those outside is more than those inside self.

emmanuelewumi:
The core Investor is not a father Christmas.
I hope the core Investors of 11 plc can offer up to N300 per share

Sir, I hope it will be juicy even if it's not up to N300.
Downstream is where money is, upstream no pay them again during this PMB era.

11 Plc proposes delisting from NSE......
Some bargain loading there.

chillykelly86:
God's hand is in this rally Its good to drive against traffic

I love this comment.
Even amidst C-virus and other negative news, God still show Himself mighty.
The saying that market is unpredictable and you cant time market is very true.

Caveat: Not to be interpreted as buy recomm. Coast yet unclear.

Market still delivering today .....
GT sighted at N25, Fbnh 5.60, UBA 6.95...
Expecting others to join in the race ......investors still cautious......
Early pullback in Zee......going up again....

Anyway, until there's permanent solution to this virus, we should not be left offguard around this period.
We hope stocks stabilize and gain the whole of this week and plans be put in place to re-balance portfolios.

RabbiDoracle:

Sha look well. That is all I can say.

Boss, you were right with your predictions.....

Zenith closed 19.60..........1.6k Up though it sold higher than this.
Access 8.45..............75k Up
GT 24.50.....................1.8k Up.............
UBA......................6.85k...............40k Up
FBNH 5.15............45k Up
Nestle, MTN, Nahco, Fidelity, ETI, etc........dem no carry last.
.

E ku market ooo.
Las las, my dream came true.
Next one, you'll be paying for consultation.

FBNH...........see vexing.............
Ucap sighted at 3.29................this is a N4+ stock barring any unforseen circumstance(s).
Wema joined in the race too.

mendes911:
I swear, this rally is very highly needed. At least this will assist to create lower lows afterwards and we come in again after a day of panic. Merry go round.
BTW, if I am after dividends, why should I leave Zen and go for GTB? Just thinking out loud.

Very correct sir.
I'll rather go for Zenith than gtb too..............but you know gt is highly favoured, its just like IBTC too.

Stocks still moving.....
UACN trying to join the race, sighted at 8.10...........
As for Ucap, they will still move it up............to make room for markdown

mendes911:
What does 90% mean ma? That remaining 10% is the likelihood that he won't break his waist and the decision is all his to make.
I have ONLY explained what I myself will do. I have never seen a [b]trader that buys a stock with the intention of selling after markdow[/b]n!

Boss, people do this.
In a situation where market is going up, it used to pay well.