toyeoye:
The CBN instructed banks to implement a 0.5% cybersecurity levy on certain transactions, including to asset management firms. In the coming weeks, if one makes a bank transfer for a N5M investment to any stock brokerage firm , about 25K will be charged and your broker will still chop 4%.

This is not good at all...
So after paying 10% WHT on dividend, when we transfer same funds to our Stock brokerage account, we pay stamp duty + 0.5% again for it to be credited to our online account before we can invest the money!
This is very bad!

N20 buyer's and buyeee .... How is market?

olaremint:


Thanks so much for the above? At least the money is good to spend for the weekend

uncle, re-invest the money in increasing your unit if you have done your DD or look for another opportunity and invest

sterlingD:
For 200k units -200,000 x .50k = N100,000

N90,000 with withholding tax

Locotrader:

Is this Q1 result?

I want to know because streetinvestor2 was very serious and optimistic about Dangote sugar's Q1.

Could it be the reason why I never hear from oga and madam today?

While salt is resilience, sugar is falling

Chai....
you can look for trouble 😵‍💫

GSK N1 has landed ooooo

Emumakpo:
No....They recently paid N1 per share

I haven't received mine

Emumakpo:
GSK capital return resettlement landed

which capital?
is it the 17.42?

Objectivist04:

They are the registrar, I am talking about Fbnh here

After I did my intermember transfer Morgan told me that they can't find anything and that I have to do Demat and you know that registrar handle issues concerning Demat.

I stated it clearly in my post

Get a copy of your CSCS statement from meristem to confirm your actual Holdings.
or you talk to Meristem broker and run it with them.
I try to move my shares from a dead broker to Morgan capital and I had this back and forth you are experiencing.
so I had to run it with meristem broker since my dead broker has up with meristem

Objectivist04:
Pls I need to report Morgan capital, somebody should help me on how to go about it.

This is what happened.
I opened account with Morgan capital, after the account opening I requested to move my shares from a dead house to my new account.

They asked me to apply for intermember transfer, the forms and other requirements were sent to me via email.

I printed out the forms, filled them, write the letter that was addressed CSCS, went to the bank fto get my account confirmation , attached my proof of ownership and sent them through LIBRA courier services.

A staff called me and informed me that they couldn't find any share in my CSCS account and that he suspects that my shares have been sold. I told him that my shares are not sold, that I do receive my dividend as at when due ..

Then he suggested that we go for Demat, he sent me the forms which I printed out but he told me to only append my signatures where necessary attach my passport and send,

I did as he said and seny the forms through ifex courier

Weeks letter after constant call from me, he informed me that my shares have been successfully linked to my account. He said that he has 3905 units of Fbnh with him. I told him that all the shares were not linked as my total holding is 18045 , the man now directed me to Meristern registrar.

I called Meristern and they told me that is all they can find, I went ahead to show them where they once sent me my total holding on enquiry and they said let them do more search. After disturbing them with calls, they told me that they have seen another 3905, and that l need to do another Demat so it can be linked,

I was so angry and frustrated, my broker asked me to demand for my transaction history from them which I did, lol and behold the response I got from them shows that I have outstanding 18045 units of Fbnh.

I was confused what is the problem, since Meristern have confirmed my holding, why not do the needful , infact they refuse picking my calls because I was calling everyday out of desperation as Fbnh price was galloping and I need to sell and at least make a little profit from 17 years old investment.

Then what broke the camel's back was earlier this week when my broker sent me a message via WhatsApp, informing me that my remaining shares (14140) are with Transglobe.

Well, the information sounds stupid to me because that shouldn't be a news , since I informed him earlier that my former broker is Transglobe, a dead house.

To make things even worse, the man told me that I did not inform him about Transglobe and that if I had done that, he wouldnt have done global search but rather asked for my CSCS acc statement from Transglobe and then go for intermember transfer to move my account to Morgan capital.

I was so shocked by the above statement because (1) I informed him about having my stock with Transglobe
(2). I did intermember transfer which he himself recommend to me via email.
(3) he never spoke anything to me about global search, so I was surprised when he said he did global search.

I started flooding his WhatsApp with proofs that he was aware that Transglobe was my former broker, I also posted the forms I filled for my intermember which he claimed I didn't do.
After the evidence becomes overwhelming, dude stopped responding to me, nor pick my calls.

from what you have said, your initial broker was transglobal and you are trying to move from transglobal to Morgan capital.
why is meristem coming in?

KayOn1:
Someone go just buy 5,000,000 units of Zenith in one go fiam while others dey find money to buy 1 cup of garri @200. This life no really balance at all.
Reckon, it is time a lot of us start opening or adopting a foundation to help out as much as possible.

Has Zee qualification date passed?

yMcy56:

...but its now responding to hope and emotional attachment.......
Hmmm, learning from the double-standard stock guru......guess your own expertise na follow come

Don't mind am...
why are you wasting your time with the quote?
What does he got to say about the so called "investment " now

222Martins:
Baby investor that can't talk without becoming emotionally whipped up.....Na like this you wan take make am for NGX? I am neither an emotional gambler like you, nor a monkey hunter that needs other to buy so i can exit. I walk the talk.

My moniker 222martins is older than your stock portfolio and your brokerage account. So leave the talk about moniker and show your holdings in the NS/DS that you encouraged people to buy. Talk is cheap!!

Why give someone names?
Did she call you names?
if your moniker is as older as you inform us, then you should be more mature in your ranting in a public space

Dangote Sugar has agreed to suspend the merger oooo!

Harddiskng:





Please can i get the link to view stanbic MMF current rates? I can seen to find it anywhere whereas FBNQuest MMF rates are readily available

(It is just me or FBNQuest MMF seems far more competitive than Stanbic’s MMF

You can only see stanbic MMF rate via their app

please who can help with the formula for calculating interest rate in Nigeria banks...

Morgan capital stock recommendation is sh!t... are there really current with the current price of shares!
or na just copy and paste

Streetinvestor2:
Oga no vex.i no talk again. Loco you can now use your tongue to count your teeth. Loco you see wahala way you wan bring,lol

you just got me cracking 🤣😂🤣...
so you can run like this!
My state government didn't want to sell out the company. They just want an investor that will help it to thrive and grow while they still have a say in the operation of it.
No Fear!

Streetinvestor2:
NB is the best thing that ever happened to champion. And NB is pulling out because of this things you mentioned here.The majority in the 14% in champion are not allowing champion to breath and are ok with it remaining local champion because they see it as thr birth right and not a plc.This is what NB has struggled to over come after bringing the company back to life.And this was what killed champion in the first place.
Champion is a local champion and will remain so if that birth right,our state property,our management decision and position must stand mentality doesn't change...this is why NB is leaving after heavy investment.
I will not touch champion now that NB is leaving till the new owners come and able to wristle the gods of the land from champion. The gods of the land don't know what is percentage in the ownership structure of champion. All they know is they own champion as has been passed on to them by politicians and elders.It is you and I that know percentage in ownership.

This is why I like the name imo.This new guys have they been in brewery business or just guys with cash and have people like imo as friends.

Won't talk about champion again. NB pulling out for now to what I know is a red flag. I follow be insider for that company as I like the tiger nut malt which was out of stock during Easter

As an Akwa Ibom guy, I don't like how to talk about my state own property like that. Will you sell your birth right out just to be a boy in your birth right?

yMcy56:
ACCESS @18 now......from 16.95... Looking like there'll be reversal in some stocks.... Hope it's not too early to say this.....

Aunty, I thought today was going to be another "Bend Down and Select" ride

KarlTom:
Ding!

Red Dingish

Rebalancing in Progress.....
Any suggestions will be highly appreciated
😁😁😁😁😁😁😁

BHG:

UBA at 23 gives you 2.07 dividend (10% guaranteed)

N2.30k

bxcode:
Please does anyone know why my Geregu Power shares has remained static for some months now? The units in my portfolio have neither increased nor decreased within this period. I use Afrinvest app.

Uncle, you just crack me up on top this reddish Tuedish

Dong Ding Ding

Agbalowomeri:

Lol you and stray bullet Na Monday morning we dey o😂

Na direct bullet him shoot, no stray bullet

Stanbic MMF has drop from 15.49% to 13.46%.. Why?

Agbalowomeri:


Negative growth all banks next year Lol

Uncle Agba, mbok how do WE handle GTB from now on as them plays us KaLokolo with dividend

Elsueno:
please, does Morgan capital pay dividend directly to ur account

Morgan does not pay dividend but the company you are a shareholder pays

Palomadove:
Hello house,
After opening an account with morgan capital and buying some stocks, do i still need to fill the e dividend form or is it already part of the process when i registered with morgan capital?
Thank you

Yes , you need to fill it and process it via the registrar of each company

gold360:
I have not received dear .
How do I go about it?

When did you become a shareholder of those banks?
You must download their E-dividend forms, fill and send back to the registrar of those banks.
follow up with them to confirm that you have been mandated to receive your dividends

edwardaigb:

Leave Mcy for boys, even though dangsugar tied my money down.

Then what am I?