₦airaland Forum

locodemy:
Na so so saliva I dey swallow since I heard the payment is today.

I never see meat o.

Hope your bank is not Polarized?

Na UBA i dey.

Zenit div just dropped

Mpeace:
Hey no spoil mata for us. We the diamond bank shareholders/prospective Access bank shareholders hereby state that we are not complaining. Diamonds don't come cheap.

On a more serious note, Access bank actually bought diamond bank at a very low cost. Check how much the nationalized banks like mainstreet., keystone and enterprise bank were sold for. They were not even in better condition than diamond.

Skye bank bought mainstreet bank for 126billion naira. That's nothing compared to 24billion naira and 6billion shares Access is paying for diamond.

If diamond had gone under, and the whole thing allowed to be done in a bidding process, Access might not even have won the bid. It would have gone to "friends of govt" at a higher price.

Oga, I am also in Diamond bank for the N1 and extra Jara.

But Access has never been kind to her investors.

maishai:
One of the best advices you can take from this thread is from Sir Wanajo "Approach all Stock investment as if you were the owner of the company." Unlike stocks, in most other businesses you are stuck in either a winning or a loosing position so most owners strive their best to put their businesses in a winning position............
I always apply "The prudent man law when trying to analyse the actions of management especially Nigerian Banks", I have not read Access Reports but from What I can decern lately the Management concluded rights issue about 2.5 years ago, within the space of 18months merged with a commatose bank(their reason we love their retail customers), Now they recently signed up a Syndicated Loan arrangement with a consortium of Lenders(even creditors are wary of them as no one lender is confident enough to give them all the money they need to run the new emerging Mega Bank)............

What ever happened to organic Growth.....


Access has kept diluting owners interest in the bank reducing shareholders share of profit continously for the past 5 years.........If you are a shop owner would you keep finding new owners for your small shop space...... I over heard in some of GT and Zenith conference calls that they are not willing to take on more debts as some of their major debts reached maturity this year.......


Anyway I await access at #2 junction post merger and after the release of second quarter results... Thats my own safety net

Correct.

I was even shocked Access is paying Diamond shareholders N1, i can't remember Access paying her shareholders N1.

Something strange in going on in that bank.

Mpeace:
Air services to pay only 20k as dividend. That's not good for a 7 naira stock.

ASL is delisting and paying off investors.

This dividend is extra Jara.

maishai:
Its high time one start educating oneself on all this Financial English, they can trap your money with you being helpless without the right information....eg

Your account has not been mandated...
You need to indemify us that..............
You did not fulfil the requirement for full indemity.......

You can add yours.

Your trading account is not funded.
You don't have the company in your portfolio.

maishai:
One reason I caution against frequently selling off all of ones holding and buying same stock back later,,, any way if it appears on your cscs account they have paid, if not find out from your registrar........While having same issues with mrs, I showed my cscs account and my trading account to the trading house and they told me that I have not "mandated the account" .. I laughed in my mind as completing e-dividend form has become a routine any time i visit my broker..... I sha completed it with one other paper where there was space for the brokrage house to sign and went back home, it was credited to my account after some time

Same thing they told me on the phone.

But since i have other companies with them, they will use the information the mandate my account.

Thanks

DOLLARTEX:
pls consult meristem registrars, maybe your dividend is too heavy to enter your bank account,the bonus will take time to reflect for sure.

Haba!!!



Thanks

maishai:
They should have paid by now na

DOLLARTEX:
The div was paid on the 8th of march!though the just announced bonus of 1-5 did not qualify for the dividend paid.it will in subsequent payments.

maishai:
Check ur cscs account...... I had similar experience with mrs it took about 6 months before the bonus appeared on my trading account

Just Called meristem registrars.

They said my VITAFORM has not been mandated.

But since i have other companies with them, they will use the information the mandate my account.

Thanks.

DOLLARTEX:
The div was paid on the 8th of march!though the just announced bonus of 1-5 did not qualify for the dividend paid.it will in subsequent payments.

I haven't received the dividend and bonus. I will have to call the register.

But I thought Bonus should go directly in to the Stock broken account.

My Ogas in the House, any news about VITAFORM dividend and Bonus?

locodemy:
One of the things that moved me to buy Transcorp then was this news of acquiring oil well.I believe some people saw this too as a welcome development.

one need to review the business model of Transcorp and what the future holds for them to know whether to remain or quit.

For me,I am not yet ready to dive back now till the coast is clear.

I have stop trusting Transcorp since the Hotel business was separated.

Mpeace:
Not necessarily. If they appeal, they would invariably apply for stay of execution of that judgment, including the order to pay into court's custody...

let's hope so.

I really missed the good old ETI with nice dividend and bonus.

gamaliel9:
https://www.nairaland.com/5077875/court-orders-ecobank-forfeit-n22.5bn


Any implication?

It will affect Ecobank, because the money must be in the custody of the court while they appeal.

locodemy:
Is it the one Transcorp is eyeing to take over?

Yes.

tritritri:
President Muhammadu Buhari has directed the NNPC to take over the Operatorship of the Oil wells from 30th April, 2019 and be confirmed 2nd, May 2019

wat going on ooh?

Oga, Not all Oil wells.

Just OML 11

Operation of OML 11 has been in contention. Ogoni people kicked out Shell from the oilfields and have refused them entry. Other indigenous operators are joustling for it.

Mpeace:
Pple always leave the market in times like this, when the market is down. They want to move in when market is high. This is not a recipe for success, it can only lead to constant losses.

They don't understand the simple laws of traders (buy low sell high)

MyGeneration:
Asari is very wise. A good leader but with some immature tendencies just like Buhari.

Did you discover that in the video, they youths blocked the road at the other end and an army man had already cocked his Ak47 as he headed towards them with the intention to kill somebody, Asari had to avoid the bloodshed by demanding the youths remove the road block.

Why are Nigerian security agencies so wicked and love killing defenceless citizens especially our Hausa/fulani soldiers they get trigger happy and the slightest provocation.

Just ignore this online guys.

ND boys don't fear soldiers.

They should just handle the issue peacefully.

Lordofthewest:
Happy?? Wetin concern me, I hope you do realize the days of oil being of utmost importance is gradually winding up in the world now. So if una like continue worshiping criminals like Asari wey carry una oil money go build university for Benin republic.una go hear word las las

But your country still relies on oil, they're even searching for oil in the North.

The government should be wise with escalating the ND.

The Military has never successfully solved any crisis in Nigeria

Lordofthewest:
My economy will suffer?? You live on the moon abi? Your Niger delta mothers that would drink polluted water live in the skies??..Mehn you people are so daft, shooting yourself in the foot to spite buhari would only bring you more ass-whooping in addition to your suffering.

They have been drinking and swimming in polluted water before you're born.

You should be happy that VP Oshinbanjo peacefully negotiated with them.

Lordofthewest:
So na the Asari Niger delta thug wey dem dey hype be dis? See as he humble in front of soldiers even Mc oluomo can never be this gentle. I don't approve soldiers violating the rights of civilians but someone needs to remind these noise makers from lamidi coward kanu to Asari fat pig dokubo that Buhari isnt Jonathan.

Ogbeni, this is not the first time Asari will be arrested by Soldiers.

But when ND hostility starts it is you economy that will suffer.

RIP PROF

Prof has been traveling too much .

Nickijoy:
This is when you go to church and do thanksgiving... she could have killed him in his sleep... thank God for your life bro..

That chats alone can terrorise me.

I will just stay away forever.

That guy married a stalker.

olasco18:
hope u av seen my ballot paper

Nice reply

[quote author= post=76485491]This is another one for the blind souls in the country.
The children of hate and perdition.

Some people ask; where are the achievements?
Well, if they are of such mindset, unfortunately they can't be helped.
We don't have the authority to mix spittle with clay,
put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing.
Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see.
If he decides to be willfully deaf, even if there are thunder by his ears, he won't hear.

God bless our President MUHAMMADU BUHARI and his amiable Vice president Prof Yemi OSIBANJO.
God bless Nigeria.[/quote]Will PMB also be getting treated at the hospital?

But Ameachi is supporting another party in River for governor

samsilo:
Like some one mentions earlier some idiots will shoot in the air not realizing the bullets will come down . Saw a similar thing some years ago when I worked at UCTH . A student sat studying in his room in town at night . said he thought an insect bit him but next thing , he saw blood . Turned out to be almost like this boy , a rifle bullet which luckily has slowed down a lot was found lodged in the side of his neck . It had broken the zinc roof and made a hole in the ceiling board .
The fool who fired the gun would be more than a mile away not knowing what they had done

This story is not true.

That is and Adult hand right there.

How will bullet enter his hand and he rush to bone setter?, this mean he did now see any blood or bullet hole.

False story.

That is and adult hand