₦airaland Forum

Yayira:
Mpeace how far ? You don get alert for the 1 naira?

This is the last mail they sent me:

Dear Esteemed Shareholder,



This is to acknowledge receipt of your e-mandate form for Diamond Bank Scheme Payment.



Please be informed that the completed e- mandate form will be uploaded on the NIBSS platform for your Bank’s confirmation and approval of information provided.



However, please be informed that we currently do not have your signature specimen on our records.



Kindly liaise with your stockbrokers to complete Purchase Transfer Form for the shares. Thereafter, the transfer form will be uploaded on your account and used as a signature mandate.



We await receipt of your transfer form from CSCS

I know say las las I will have to visit them before they pay. De thing don dey comot for my mind sef.
I will visit Lagos soon to process all my outstanding dividends since last year.

valentinenwoko:
http://www.nse.com.ng/Financial_NewsDocs/25890_OANDO_PLC_FINANCIAL_STATEMENTS_APRIL_2019.pdf
COMMENT PLS.
I THINK IT IS FANTATSIC RESULT

Its just a flat result. Q2 should be better due to oil prise increase.

deepsuk:
yes pastor come and spray the holy wata on dis tread to make protect us from the various financial criminals that loiter here


namely

mpeace -access maga caught pant down
cp - various & plenty talk long tins to confuse yung mind
obagadafits - transcorp, japal, cham cham etc
petarly - transcorp wapco etc. others also

while others are followers but above are responsibule fo making yung yung investor to lose dia money in most useless stock wey dey make pesin a shellholder 4 life


god bless us IJN


AMEN

Lol. This guy. But Access is not doing bad naa.

Me sef want increase my transcorp portfolio inspite of the "bad" result.

Transcorp want pursue some pple before they do the needful. Thats how Dangflour gave us consistently poor result for complete one year before...

Pls oh. I heard that CNN want to take over Daar Coms. Make una do de needful. I have some units to help with. We are making money this year.

rebekah2011:
Surprised at the swap that earned them big in Q1. Eurobonds - Diamond $200M and Access $400M to be repaid in the next 2/3months. This stock is really on my radar.

What about the proceeds of the sale of Diamond bank's UK subsidiary. No mention has been made of it. Sanjeev Gupta's GFG Alliance was in line to buy it and might even have completed the deal.

Godlylifeoneart:
fellow investors, has any1 observed the DEPRIVATION melted at us by JUMIA NG
One would have expected this company to list on NSE but the opportunity was taken to the US BOURSE NYSE
A company valued at $2.5 Billion would have had an instant impact on the Nigeria bourse.
A company that made almost 70% of its earning from Nigeria economy.
The company that will still make 90% of its future profits from the same economy
TO me ,the listing has more disadvantages. and the disadvantages outweighed the narrow and imaginary benefit they might have conceived
THE DIGITAL GOLD RUSH OF JUMIA AKA AFRICAN AMAZON HAS BEEN TAKEN AWAY FROM US
I WISH A TRUE NIGERIACENTRIC START UP COMPANY CAN EMERGE AND RELEGATE JUMIA TO KENYA
DESPITE ALL THE ODDS,THE UNFAVOURABLE BUSSINESS CLIMATE,THIS COMPANY STARTED FROM GROUND ZERO AND ATTAINED THE CLIMAX OF DIGITAL GOLD RUSH IN SAME ECONOMY.
I WILL NOT BE SUPRISED,IF THE LISTING IS SHORT LIVED,THEY MAY COME BACK TO LIST THE SCRAP ON NSE.
WHAT IS YOUR VIEW ?
The available information at public disposal was that the company was never incorporated in Africa
This imply an identity theft
they stole the african name, capitalised on weak regulatory activities and off they go
African countries are not good enough to be part of their success stories
in other word ...USED AND DUMPED

They did what is best for them. If jumia belonged to me, and I had the choice of NSE or NYSE, I would go the way of NYSE. For a company, the most important reason for listing is raising of capital(equity). NSE offers more disadvantages than advantages. To start with, almost all stocks on NSE are undervalued. Any company wishing to raise funds either by rights issue or otherwise would already be disadvantaged, coupled with our volatile economy that reacts to every economic news from china-america-ethiopia. In addition to that, our present govt cares less about stock market...

longlife20:
This report is not a good one either but is better than that of United Capital. EPS of 19k against 23k in 2018

Atleast they are not releasing losses. Registrars are not doing well

Yayira:
I was expecting results like this from access but not this soon.. seems that wife wasn’t a liability after all..

Access eku orire oo
He who finds a wife finds a good thing, And INDEED obtains favor from the Lord.

The impact of the marriage is seen in the %500 rise in NPL from 2% to 10%. We need to see the audited q2 result sha. This one is good but their tax also looks not enough.

Mcy56:
Some people go still carry kaya for this Access due to greed. Not talking to anybody o.

This my table shaking classmate.

This table you are you are shaking, my Garri dey on top. I put N50 sugar and N100 groundnut inside oh

Agbalowomeri:

The way u write that 'entire' be like trailer load

E pass trailer load sef. Which trailer fit carry 3taaaazan units of pure diamond? Just tell me.

Abeg make una leave me with my widow's mite.

OBAGADAFFI:
They are updating your portfolio at the back-end.

Your CSCS statement should reflect everything.

I pray. The should also update my N1

This Morgan Capital magic is becoming serious. I just bought some units of Access bank this morning, only to check my portfolio to find that my entire Diamond bank shares have disappeared without being credited with the equivalent number of access bank shares as per the merger/acquisition. All I see on my protfolio is the units of Access I bought this morning.

kolaish:
Access on Bid. Hope it will extend to other banking stock?

They would need the kind of cook that prepared access result.

rebekah2011:
Diamond provided impairment on loans of N155b

it was disclosed before the merger, that diamond would take impairment for all their bad loans before the merger. So its not surprising.

kolaish:
Looks fantastic. EPS: Group 137k against 75k, Bank 104k against 57k. Waiting for OGG and others to digest the intestines of the result to know if the bile has not ruptured with the liver

I said it before my best investment in two years has been diamond bank. It moved into Access and now just negodu result. I go joli this one...

kolaish:
I have bought before chibuking81 draw the attention of members to chams. I did not advice anyone here to buy because I know it will be dead on arrival, because 90% of analyst here will strongly condemn the idea of buying such stock. If you had followed some of my post, I always advocate for diverse ideas from all members. However, I so much appreciate the views of all our in-house analyst that always draw constructive criticisms whenever any stock comes to limelight.

In the last two years, diamond was my most profitable stock. If not for this yeye United securities wey no want pay me my #1.

Mcy56:
So how did you get it? Cos I learnt it changes. Or could it be the CSCS Number?

I called the registrar and they told me that I had more than one shareholder numbers with respect to some companies. They adviced me to submit through my broker. I posted the forms to my broker since last february and till date I have not seen any confirmation or dividend. I know I have fcmb, fbnh, dangote flour, eterna oil and transcorp dividends pending since last year. I will process it when ever I come to lagos.

Mcy56:
That it doesnt address your question doesnt mean it doesnt address another person's.
To your question, I wonder where you guys are getting this info that you should fill shareholder's account number from.
I never fill the column but got mail from NIBSS. For the one I sent to AfriPrud registrar, I did not fill that column and they didnt return back it to me cos of that.
Please tell us if you were officially informed that you should fill in the number.

NB: **I just checked the copy of the form sent to Afriprud, their new e-mandate form, it doesnt even have column for shareholder's number but there's space for your BVN**
Guess some of the registrars are still using the old forms.....

My bank here in owerri will not even listen to you if you don't include shareholder number. They will not collect your form.

OakPearl:
Fastest fingers stuff @Fidelity

Hw many pple get some units? Did you?. Na brokers get advantage

Mcy56:
Sorry I gave you work to do. Thanks a lot for your time. Appreciate!
My mind is at rest now that I can conveniently sit beside you on exam day.

So that I can copy your answer as usaual.

Mcy56:
Oh! You're right that they paid 25k, and I mentioned its 10k here no one corrected me, does it mean people dont read comments here?
10k should be for which year then cos that's what is registered in my head. Can you please confirm this for me.
Well, there's positive sentiment towards FBN, so some things might not really matter to investors after all. My opinion.

that is 2014 10kobo. They paid 15k in 2015, 20k in 2016, 25k in 2017, 26k in 2018. Fbnh problem don last for 5yrs. Many more years to go yet NPLs keep rising. No be small thing.

Mcy56:
I'll rather call that an improvement cos it means their profit ploughback is paying off and their issues are getting resolved.
Time for "investors" to start monitoring it so as to jump in, if at all its share price is punished for the low dividend.
Na my opinion be that. My tishas are really trying.

FBNH NPL ratio went up in the last year. It now stands at 25%. I no kw hw market go react to the result sha but you are correct to say that dividend yield went up. They paid 25k last year and now paying 26kobo. 1kobo up. Up na Up whether na half kobo.

Nigeria, Ghana, South Africa and Angola in Group D. I don see efry thing finish.

Mcy56:
Where did you see these obese kids

Na picture wey Agba carry come feom village.

Kevostica:
The best thing to do is for cscs to update account info on the investor's database so that when you buy shares on the floor ur acc info will be sent to the registrars just the same way addresses and other info are sent to the registrars. This can be done through ur broker or investor goes to cscs office to do the update.
I dont see the reasons for all these wahala

I think the brokers and cscs already share such info. if not how did the registrars print dividend warrants with investors names and post to investors address before the e-dividend came about.

currentprice:
this will be nice and straight forward if only those registrar can comply . it will be easy for those outside d country.

I think the best way to solve the problem is for SEC to create a special account for all unclaimed dividends so that the registrars would have no need to delay or frustrate innocent investors.

As soon as payment date has past, all unclaimed dividends should be deposited in that account by registrars to be released only to investors on completion of the e-dividend mandate

Registrars be feeding fat on pple's money.

[quote author=DeRuggedProf post=77460277][/quote]WELCOME BACK. WETIN YOU CARRY COME. NO COME TALK SAY YOU NO SEE BREAD FOR ROAD

Mcy56:
Going by my calculation, i think you should be paid too...... total payment should be 3.13.

Chai. Las las na diamond bank pay the highest ''dividend''


After N1 per diamond share, we come collect 25kobo per Access share. Plus another 25kobo interim dividend by july this year.

This one wey I dey see uniondac at .23, did it get marked down for .07dividend?
Chai Peterichy no go send person go villa.

Mcy56:
Today 11th is the final qualification date for Access, it will be mark down tomorrow 12th.Same for FCMB.
Fidelity's final qualification date is 12th, to be mark down on Monday 15th. Dividend lovers take note.

So them go follow pay we diamond-access pple abi?

Yayira:
Amarom..
We’ve gone from Naira to yansh

They should just create a currency devaluation thread and leave us with our bear and bull journey.