₦airaland Forum

Valueinvestor:
I don enter one chance here o, although not a bad a result, I actually bought with the hope that a dividend declaration after recovery would push the price up. Anyway I don't see it being unduly punished.
Lessons learnt - NEVER buy stocks on hope

735i:
I fear there'll be massive offloading tomorrow. i'm tired of averaging down jare...

735i:
ETI.... No dividends. This people done kee me

kolaish:
50K Dividend

PharmAlfred:
GSK report is 14.65mb . I hope it is worth it?

Chibuking81:
To sell I don't know, depends on you, result will be out by tomorrow towards closing of the market or after the closing of market, this is because tomorrow will be the last working day of 90 days compulsory period to release final year companies result, and any companies that fail will pay fine, (this is for final year result, but quarterly result, 30 days).
FCMB and Fidelity bank EPS will be good, but their dividend will be poor comparing, Zenith, afriprudent, UCAP, Jberger, UBA.

This poor payment of dividend most time, pushes their price down. FCMB dividend might be between 10/15 kobo likewise Fidelity bank.

For instance
1. If Zenith is at 24 and Fidelity at 2.4 kobo that means, 10 unit of Fidelity will give 1 unit of Zenith.
2. Zenith pay dividend of 2.50 + .30 = 2.80, that mean that Fidelity need to pay 28 kobo to be the same with Zenith.

But when the pay 14 kobo, that is paying half of Zenith bank dividend, from my view, it represent poor dividend payment.

Mascotlawman:
please has FBN and OANDO released end of the year results for 2018? any dividend? please I need answer.

arduino:
Those of us that bought and still holding DAAR Communications, Beco Petroleum, and Union Homes since 2007/2008 can definitely relate with this statement. We don pay negetive dividends tire.

Chibuking81:
Diamond bank would have posted another worst result, that's why the hurriedly merged without releasing any result. And Access release a result with great increase in their EPS which they would have not release it they didn't talk about merging ( I see their current result as been manipulated).

Since they merge, and it will take effect on April 1st, Access bank total number of outstanding share which will share their earning will increase once the Diamond bank reconstructed share is been added. Since no much earning from Diamond bank, the EPS of the new Access bank will reduce greatly.


Except as usually the report q1 2019 result without the inclusion of Diamond bank. I suspected something like that, since they shifted the kick start of the take off of the two bank to start from April 1st being the beginning of second quarter.

Meaning that q2 result will determine the direction of the new Access bank.

Chibuking81:
Where will they get the money for dividend, is it from 20 kobo?

edwardaigb:
Please someone should help with breakdown of Caverton result.

Yayira:
They dare not.. else we will see in court.

Mpeace:
Pls which pne is shareholder's account number. This diamond bank stuff eh.

Mcy56:
Wonders of NSE.

Mcy56:
Hhmmmm, so the next 3 days'll be interesting.
We are watching.

bigjay01:
I guess this whole exercise is for guys who don't already have eDiv mandate for defunct diamond bank. Otherwise, why can they import it straight from Centurion registrars?

onegentleguy:
Yes DIAMOND is the crux of the matter this time, NOT ACCESS.
The name of the said form is DIAMOND BANK SHAREHOLDER UPDATE FORM.
...and u'll find it when u click on the 'downloads' tab at their official website(www.unitedsecuritieslimited.com)
I just downloaded mine now !!
It's a different form to that of the normal e-mandate form from united securities. This particular form was designed specifically for the sole purpose of settling the N1 cash consideration to the eligible DIAMOND bank shareholders and nothing more.

NOTE: That of shareholder mandate form(which is the one @ Yayira had put up), is the usual e-dividend mandate form u know.
I presume u'll only need to fill that one for the 25k FY 2018 dividend thats also payable to the qualified shareholders of DIAMOND bank.
...but that would be if u don't have an alraedy existing e-mandate with united securities.

Hope its clearer now.

Mcy56:
lol...but you sabi speak big big grammar.

Mcy56:
All these English gurus are difficult to deal with oooo. Shey diamond wouldn't automatically become Access ni? No be Access registrar go pay?

Yayira:
Phemi call them..

Yayira:
They can’t send that notice to nse without uploading the form

Yayira:
They can’t send that notice to nse without uploading the form

Yayira:
It’s there.. “Shareholders mandate form” I believe it’s the same as E-mandate

Mpeace:
Thank you sir. I go do this one sharp sharp.


Modified: The forms are not there.

Mpeace:
Diamond bank shareholders gather here. Access bank no want tell us how them want pay our N1. Whether na by e-dividend mandate(but the money no be dividend) or by bank transfer(them never even call to ask for my bank account number) or them want make we line up for their office? We need to hold emergency general meeting for this matter oh.

Make we all meet for Mcy56 house, Mansion No. 12 banana Island This afternoon by 3:30 pm. Rice and stew go dey.

TGM2015:
First, what is your mode of payment? Through cash? If yes, just forget about the whole thing and move on and if you desperately need the money, just go spiritual.
If the payment is through bank transfer, whether online or through the branch, you have 95% of getting back your money through legal means but you will surely loss nothing less than 35% of the money using government agencies like EFCC or Lawyers from a reputable law chamber or firm (rotary lawyers). Please do not involve Nigeria Police or SARS, they can make matter worse. You may spent over N300,000 and still not sure of your recovery and do not use any how lawyers.
If you are to go the legal way, you have to present the case as a case of seeking for official means of getting your certificate claiming that your friend claim the procedure is an official one. And if your school tuition fee is on high side and the years is above 3 years, then you can claim you pay such amount because your friend told you must paid for the past and current tuition fees, clearance and graduation fees, exceptional academic waivers application fee, departmental and general clearance fees,... Other fees as maybe applicable to your.
The baseline is the your assumption according to convincing assurance of your friend never make you suspect is an illegal one until when you discover you have been scammed.

Now to your actions, you actually deserve the loss because you knew that the only way to get that certificate is only through illegal and fraudulent means. Reasons why you agreed to pay such huge amount of money.