I thought they divested from ARM and other subsidiaries to focus on core banking or was it a CBN directive?

yMcy56:
GTCO
Expansion in progress......
Acquisition of Investment One Pension and Fund Management Ltd

https://doclib.ngxgroup.com/Financial_NewsDocs/35076_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20GTCO_%20_ACQUISITION_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35081_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20GTCO%20_ACQUISITION_O.pdf

Good morning house! Please how and where can someone acquire GTCO and Zenith bank shares? If anyone know, please help a brother.

yMcy56:
GTCO
Expansion in progress......
Acquisition of Investment One Pension and Fund Management Ltd

https://doclib.ngxgroup.com/Financial_NewsDocs/35076_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20GTCO_%20_ACQUISITION_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35081_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20GTCO%20_ACQUISITION_O.pdf

They previously owned Investment-One but divested apparently due to regulatory issues.

fot:
MTN just concluded offer has been credited to my CSCS Account. Kindly check yours.

hi how do i get to see this ...i got an email saying cscs acct created ..i have a stock broker already but i bought my MTN shares separately

lexy2lexy:
I thought they divested from ARM and other subsidiaries to focus on core banking or was it a CBN directive?

They are a holding company now. For that reason, they can do expansions like this. It's a positive move, so long as some of those subsidiaries don't drag them backwards.

reiddecuti:
Good morning house! Please how and where can someone acquire GTCO and Zenith bank shares? If anyone know, please help a brother.

You have been responded to, in the last page. Create an account with a licensed stock broker like Morgan Capital, IBTC Stockbrokers, etc.

I got the mail too and checked my CSCS statement and MTN had been added

goody234:


hi how do i get to see this ...i got an email saying cscs acct created ..i have a stock broker already but i bought my MTN shares separately

gbengafaro1986:
I got the mail too and checked my CSCS statement and MTN had been added

Please how do I check my CSCS account, I’ve only just started this thing with mtn shares and I want to get a hang of it.. Google is just taking me everywhere and nowhere

Elderniercri:


Please how do I check my CSCS account, I’ve only just started this thing with mtn shares and I want to get a hang of it.. Google is just taking me everywhere and nowhere

send a mail to your stockbroker asking them to send you your cscs statement.

Please if I want to sell a share which i can not locate d stock broker again ,how do I do it

Krisuba:
Please if I want to sell a share which i can not locate d stock broker again ,how do I do it

Do you still have details like; Clearing House Number (CHN) or CSCS Number? Whether you have or not, kindly go to CSCS office, 1st Floor Stock Exchange Building, Customs Street opposite CBN Marina Lagos. Go with your valid ID Card and request for your CSCS statement. You can then take the matter up from there.

emmasoft:


send a mail to your stockbroker asking them to send you your cscs statement.

I subscribed via the PrimaryOffer app
I’ve written to them now sha
Thanks

Dear Subscriber,

We are pleased to announce that the Securities and Exchange Commission ("SEC" has approved the allotment of MTN Nigeria shares. The offer was 139.47% oversubscribed which reduces MTN Group's shareholding from 78.8% to 75.6%. All Retail Investors were fully allotted 100% of the units applied for.

What next?

Shares subscribed to will be credited to your CSCS account by February 18, 2022.
If you still have not received your CSCS number by February 18 and other details, please log in to www.primaryofferng.com and check your profile or contact your stockbroker.
The promotional offer “1 free share for every 20 purchased” (subject to a maximum of 250 shares) will be allotted to investors who hold their shares for 12 months till January 31, 2023.
MTN Nigeria announced its Audited Financial Results for the year ended December 31, 2021, and proposed a final dividend of ₦8.57k per share. All shares allotted under the Offer for Sale are eligible for the proposed dividend which will be paid on April 28, 2022.
Thank you.

Dileem:
I have received payment for champion breweries

Did you complete the take over form?

All EMs.

For the leverage minded you may consider opening a Stockbroking account with Investment One Stockbrokers.
You can get loans equivalent to 70% of your shares through their Share backed loan at 24% per annum up to a maximum of N20 million.


I did business with them about 2 years ago and it ended very well, just that I have discovered a cheaper source of fund at 15% per annum

emmanuelewumi:
For the leverage minded you may consider opening a Stockbroking account with Investment One Stockbrokers.
You can get loans equivalent to 70% of your shares through their Share backed loan at 24% per annum up to a maximum of N20 million.


I did business with them about 2 years ago and it ended very well, just that I have discovered a cheaper source of fund at 15% per annum

Please share the cheaper source of fund with us ,sir

Are we permitted to know the cheaper source of funds? Please kindly share with us Sir

Kindly try out MERISTEM MARGIN LOANS, as the rate is far better and cheaper.

Zegra:

Please share the cheaper source of fund with us ,sir

Zegra:

Please share the cheaper source of fund with us ,sir

United Capital, but does not accept shares as collateral. They accept their Money Market Fund, Fixed income Fund and Eurobond Fund as collateral. You can get up to N100 million at 15% per annum.


The beauty of the facilities from Investment One and United Capital is that it is free style. You can pay every day, every month, every quarter, once in a year or whenever you have funds, no penalties for early liquidation of loans.

Got from United Capital in October 2021 at 15%, the tenure of the loan was 6 months but was able to liquidate my loan within 4 months after making 45% .

Since I paid my loan within 4 months, the total interest paid was 5% and the underlying assets used as collateral appreciated by less than 3%

dharpzee:
Kindly try out MERISTEM MARGIN LOANS, as the rate is far better and cheaper.

What is their rate? What are conditions?

FSDH charges 22% and they have certain shares which they accept as collateral, you can only buy shares with the fund. Unlike Investment One and United Capital that allows you to use the fund for whatever you like eg your business, vacation, rent, school fees, emergencies etc.

FSDH loans are booked in advance for 3 months and you are expected to pay at least the interest in 3 months.

Eg a loan of N1 million at 22%, will be booked at N1,055,000 in 3 months time. That means you must pay at least N55,000 in 3 months, you can also decide to pay down the principal. After which it will be rolled over and booked for another 3 months, but you won't pay roll over charges. It appears FSDH is the only one that can currently loan out up to N500 million to a customer.


If the investor turned around the fund and made profit within a month and wanted to pay back his loan, he would still pay a total of N1,055,000.

Unlike Investment One at 24% per annum.if you want to pay back within a month. You will pay N1,020,000.

United Capital at 15% per annum. If you want to pay back within a month. You will pay N1,012,500.

emmanuelewumi:




United Capital, but does not accept shares as collateral. They accept their Money Market Fund, Fixed income Fund and Eurobond Fund as collateral. You can get up to N100 million at 15% per annum.


The beauty of the facilities from Investment One and United Capital is that it is free style. You can pay every day, every month, every quarter, once in a year or whenever you have funds, no penalties for early liquidation of loans.

Got from United Capital in October 2021 at 15%, the tenure of the loan was 6 months but was able to liquidate my loan within 4 months after making 45% .

Since I paid my loan within 4 months, the total interest paid was 5% and the underlying assets used as collateral appreciated by less than 3%

Thanks for taking your time to reply to my message.

emmanuelewumi:
For the leverage minded you may consider opening a Stockbroking account with Investment One Stockbrokers.
You can get loans equivalent to 70% of your shares through their Share backed loan at 24% per annum up to a maximum of N20 million.


I did business with them about 2 years ago and it ended very well, just that I have discovered a cheaper source of fund at 15% per annum

Thank you very much for this information and for the other invaluable information that you have always given out here for free.

Marketapprentic:


Thank you very much for this information and for the other invaluable information that you have always given out here for free.

Leverage can make or mar an investor ooo. It requires discipline and experience to use it to your advantage

If you must use leverage, I will advise the following

1. Use it for income generating assets

2. Make sure your cash flow can liquidate the loan within 6 months to 12 months. Relying on capital appreciation of the asset purchased as the means of payment might backfire.

3. Ensure you have multiple sources of income.

4. Your Investments or collateral securities are at least 250% of the loan

5. Dividend yield of the security to be purchased is at least half of the interest rate or equal to the yield of a 10 year FGN bond and you plan to liquidate the loan within 6 months

Please house, can I purchase GTCO and Zenith banks shares without using brokers? If possible, how can I go about it.

reiddecuti:
Please house, can I purchase GTCO and Zenith banks shares without using brokers? If possible, how can I go about it.

Wait for public offer

Heard the current rate is14%, kindly contact them on contact@meristemng.com

dharpzee:
Kindly try out MERISTEM MARGIN LOANS, as the rate is far better and cheaper.

guys shall i dump my okomu oil shares that fire seem really bad cut my losses and buy when its cheaper

emmanuelewumi:



Leverage can make or mar an investor ooo. It requires discipline and experience to use it to your advantage

If you must use leverage, I will advise the following

1. Use it for income generating assets

2. Make sure your cash flow can liquidate the loan within 6 months to 12 months. Relying on capital appreciation of the asset purchased as the means of payment might backfire.

3. Ensure you have multiple sources of income.

4. Your Investments or collateral securities are at least 250% of the loan

5. Dividend yield of the security to be purchased is at least half of the interest rate or equal to the yield of a 10 year FGN bond and you plan to liquidate the loan within 6 months

Noted sir! Thanks

dharpzee:

Heard the current rate is14%, kindly contact them on contact@meristemng.com

Kindly share the screen shot. How much do they pay for fund placement.


At 14% lending rate that means their fund placement will be less than 8% and their is no evidence of Meristem issuing a corporate bond

United Capital could charge 15% on lending because the company raised billions of Naira in corporate bonds at 12%.


And also making good money from the unsecured pay day loans for civil servants and workers on Remita platform at 2% per month.

goody234:
guys shall i dump my okomu oil shares that fire seem really bad cut my losses and buy when its cheaper

Haba, how many years have you been holding the stock? How much did you buy the share? Abeg, relax. Okomu oil remains a solid company.

goody234:
guys shall i dump my okomu oil shares that fire seem really bad cut my losses and buy when its cheaper

I will advise you sell if your loss is less than 10%