₦airaland Forum

chunkuli:
please do you have email or number for gtl registrars?

Sorry I do not have a number. But this is the email I have used for correspondence info@gtlregistrars.com

Enyinne:
Please can someone help me with a direct number to call at cardinal stone registrar . I'm yet to receive my dividend for my stock . Pls assist me

Try this customer care number +2349084827640.

Monday696:
Has anyone received Dangote cement dividend?

Mine hasn't entered too. It would be nice for this weekend treat!

DeRuggedProf:
He is not proud, UNTIL he reject the proposal from Oracle.

Backing up a mathematical model with cash is the ultimate show of confidence.

I developed a model I was using to take advantage of stock price movements until the day my confidence in my model skyrocketed and I plunged GOOD CASH into my model. That was all Mr Market was waiting for to show me that Engineering and Psychology are like water and Kerozine..

Had experience with demo account on Binary Option. Made so much Audio money, became so confident, thought I knew the tricks and all. The moment I started trading with real money... ..phen! I could swear na jazz!

And using this formula, Mp= (Pbm-Dd)/(1-1/Br), where Pbm= 27.5, Dd= 2 and Br=1/5.
Therefore, Mp= (27.5-2)/(1-1/5)= 25.5÷6/5= 25.5×5/6(math rule of inverse reciprocal)
So Mp= 25.5x5/6= 21.25.
Hence, JB should open on Monday @ N21.25 following the discount(markdown) for bonus and dividend.
Pls take note and be guided accordingly.

cc: @ MishdaFish, rebakah and Krusiba

Selah.[/quote]Thank you sir for the guidance, the formula you worked finally would be use for educational purposes. I have benefitted from you immensely. Thanks @rebekah also! I took a decision this afternoon not to participate in the dividend, hence sold at 27.45, would re-enter at a later date.

rebekah2011:
Closed at N27.5 today, it will open on Monday at N21.25

I have strong feeling that would be the price on Monday morning.

Thank you sir Onegentleguy, thank you for taking your time to derive the formula. I wanted to clarify on your final mark down price of 20.7 with respect to maintaining capitalisation before and after markdown, but you have cleared the air by aligning with @ Rebekah.
The formula :Mark down price(Mp)= [(Pbm-Dd) X Br/(Br+1) is simple and clear. Thank you and welcome back.
Modified as adviced.

rebekah2011:
You only have to multiply the price with the units to know if this is correct. N19.76 × 1200 plus the dividend 2000 will not give you N27200
25712 is lower compared with N27200

I agree with your calculations, the whole idea of markdowns is to maintain capital preservation. Makes a lot of sense to me. Thank you once again!

rebekah2011:
it closed on Friday at N27.2, say Wednesday is the mark down date. The dividend declared will be removed from closing price i.e 27.2 minus 2 = 25.2 . A bonus of 1 for 5 was declared.
Let us say an investor owns 1,000 units.
Pre Mark down 27.2 × 1000 = 27,200

After Mark down
dividend 2 × 1000 = 2000
Bonus = 1/5 × 1000 = 200

Price after Mark down 27.2 -2 =25.2 ×5/6= 21

27.2×1000 = 27200
21×1200 + 2000 =27200

Thank you for the breakdown! I Clearly understand it.

Great investors, please I wish to ask what the price of Julius Berger would be after mark down considering the double script of dividend and bonus? Thank you

Good morning house, I have be following this thread with keen interest, I find it very inspiring. I recently submitted my E-mandate form to Cardinal stone registrar for my Wapco dividend. I woke up this morning to this debit alert on my account. But what shocked me was I received same debit alerted N157 4 times. Is this the norm? I would be grateful if anyone can share his experience. Than you

Sorry to hear about your marital problems. Haven heard your own side of the story, it's too easy to condemn the man, but I wish to ask; do you respect him? Do you challenge his authority or also belittle him in a way ( women say alot of things in arguments that hurt a man's ego). Its ok to have arguments, but some times is not worth it. Try organising yourself too, inform him in advance for something you or baby needs. Treat him with some level of respect(Men actually feel good when they think they are incharge ) . Lastly how was he before the baby came?

This reminds me of R Kelly Golden Shower scandal. Some people are perverts. Very weird and disgusting thing to do.

phemmie06:
When you get the venue you will get it but send my own cooperate gift ó

Arrived Late na remnant of gift item I come get, eno reach my transport money sef. ( Mug, Towel, jotter, Annual report and pen) in a big gift pack. The meeting was well attended!

locodemy:
Has zenith bank change the date of the dividend payment?
I have called several people to know if they got any credit alert.
No one has received.Any idea?

I know someone that received Alert. Am yet to see mine.

Hallo house, am not a regular commentor here, please I need to attend the forthcoming Zenith Bank AGM in Abj to ofcourse to eat part of my loss money! Do I need to carry any thing apart from means of Identification. Is there any site I can download the invite for AGM? Thank you.

This epidemic started when our elites started sending their kids to school in Malaysia. Many of them were exposed to hard drugs and experimented with Medicinal drugs. Going forward, our Clergy should broaden the Haram on Alcohol to cover all Intoxicant! A typical northern youth would not take Alcohol because he was raised to shun it, but he has no issue taking Marijuana, codeine, tramadol or glue because there is no fatwa against these. we should own up to our problem rather than blame it on supply.

While its true our reserve is growing, the figure quoted by Emefele is doubtful. This is cbn website as @ 30th the reserve was $34.9billion http://www.cbn.gov.ng/IntOps/Reserve.asp

He made them Mai Shayi

Contrary to criticism of the programme in the Social Media, this is actually a laudable programme where beneficiaries (Mai Shayi - a tea/bread seller who also sells cooked indomie and fried-eggs under a makeshift tent) will be able to make between N2000 and N5000 in profit every day depending on patronage, thereby preventing them from embracing a life of crime.

We should do critical analysis of things our politicians do before criticizing.
These people are already in the business empowering them would meant upgrading their business to a cafe or expanding the business to do more. Honestly i am not impressed. I growing up i used to know Akwa ibom boys and gurls as house help in most of our neighbourhood, today they are no longer there because Victor Attah made education free and mandatory. The Akwa ibom story change in just a span of 10-15yrs because of educational emppwerment.

Its unfortunate that this government is only interested in Loot recovery rather than fighting corruption. I feel ashamed for participating in bringing this government to power.

This is would cause a public health disaster! This can jeopardise the effort of the National Primary Health Care development agency with fight against Polio, Meningitis Cholera and the likes. Since trust is broken the military should hand over its stockpile of vaccine to the hospital and primary centres. This dangerous trend. The Milirary should pipe low for a while.

Let waits and see those second class university that would have cut off less than 180. I am so dissapointed in the Jamb registrar for going against what he believes in. Post - Ume is just an avenue for universities to raise money. I feel bitter because some people with 120 would be admitted while those with 240 would be sent home because they have nobody to stand for them. Sad!

Please add me to the 2017/2018 whatsapp chat group name: Mshelia phone no: 08062467217 Thanks

Thanks alot@ coolcash
I will advise you allow your broker trade for you since it's obvious you do not have time. You can set your upper and lower price limits for bid/offer as guide for the broker in order to get good deals.

My take.[/quote]

vivie01:
No order can be placed outside trading hours. You can however send your buy or sell mandate to their customer care rep via mail to execute for you during trading hours since you must have made a decision to buy a particular stock during your spare period. Of course, don't forget to indicate your price limit on any mandate sent.

Thanks i would send them my mandates with price limits.

Hallo house please i wish to know if any one here is familiar with Morgan capital online platform. I usually unavailable to trade online realtime because of the nature of my work, but i review daily market trends and take decision mostly in the evening. Please how can i place orders during weekends or after trading hours on the platform. Thanks in advance

Buy Naija grow the Naira! A shame our leaders will go to Uk for check up when our health system is collapsing, Yet they would tell us to patronise Nigerian things. #Changeis scam!

08062467217

locodemy:
After the multiple reconstructions,this is the way minority shareholders ended with the company.......egwu di kwa o.

Its actually a punishment for violation of NSE rules for not making public their audited accounts for some years. I think Nse should ask board members to resign for non compliance it would make them sit up. http://nigeriannewsdirect.com/investors-lose-n17-8bn-as-nse-delists-8-companies-over-rules-violation/

Manonamission:
WOW! NSE miracle of the year for me......Someone just mopped up IEI. Been stuck for ages. I prayed less than 2 weeks ago,for a miracle to happen before the year ends. Never again will I do yeye stocks. Thank you Lord.

Hello Fellas!

IEI is being delisted from NSE, they are mopping up any offer now. If you fail to cash in now, you will be sent your cash value as a cheque (more like dividend) Called CSCS and was given the info.

http://www.dailytrust.com.ng/news/business/forex-crisis-dss-raids-bdc-operators-forces-dollar-down-to-n400/170949.html This and not low demand could be the reason.

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