Hello People, please i don't live in Nigeria anymore, is there a way to fill my e-mandate form and submit so I can receive my dividends? Or do i have to go to Nigeria in person to submit it.

megawealth01:

izzytheo:
Hello People, please i don't live in Nigeria anymore, is there a way to fill my e-mandate form and submit so I can receive my dividends? Or do i have to go to Nigeria in person to submit it.

You don't need to be physical present to do that.
just contact the registrar of the companies you own their shares, get the form from them , fill and submit.
Some registrars have it online on their website

Thank you.

Mfunkynation:

You don't need to be physical present to do that.
just contact the registrar of the companies you own their shares, get the form from them , fill and submit.
Some registrars have it online on their website

jideflash:
People will sleep on UCAP. Bonus suspected

Let them sleep

Recommendation of AFRIPRUD.

Buy more, Sell off, or Hold on?

Mfunkynation:

You don't need to be physical present to do that.
just contact the registrar of the companies you own their shares, get the form from them , fill and submit.
Some registrars have it online on their website

Pray itz not Gtl registrars u are dealing with
I hope u brought through secondary market cos if u still possesses certificates u r in on a long ride.......
If u bought through sec market, i will advice u get in very close relationship with ur broker as they r thr best in presurizing registrars into action

Thanks for the feedback. These are my registrars and I have just sent them the e-mandate forms by email.


Afriprud Registrars

Apel Capital Registrars

Veritas Regisrars

Mfunkynation:

You don't need to be physical present to do that.
just contact the registrar of the companies you own their shares, get the form from them , fill and submit.
Some registrars have it online on their website

what about the signature verification and stamp from the bank

Only 1 of them had a field for that. I would reach out to the bank to see what can be done

vacanci:


what about the signature verification and stamp from the bank

I said it and I will continue saying it again.. You only gain when you sell and you only loss when you sell.

Think long term.

Payunsin:
Someone said on this platform that you haven't lost money until you sell your shares at a loss n almost became a laughing stock because of reference to Oando.
God bless the person.
In no time he or she has been proven right

mikeapollo:


The case in court was initiated by some people who have specific names and addresses; that case must be withdrawn by the same people. It does not matter if there are other minority shareholders like you and I.

What I mean is the faith of all of OANDO shareholders will not be determine by the 14 minority shareholders that took the case to court. There must be an AGM for every shareholder to vote if he or she would accept the proposal and the buyout price. As it is now, even the 14 minority shareholders that went to court would not accept 7.07 as buyout price. Hope u get my point?

yMcy56:

Universal Insurance: Quite a lot of buying and cross deals @0.20k....

I have jumped out of this aeroplane of Universal Insurance.

Pilot does not seem to have a steady balance.

robobo:


The second missionary journey

I beg TA people where should we be expecting deep pull back this time?

Is it 40 or 50 or 100


lollllllllllllllllllllllllllll

Make una leave Oando alone ooo

wanaj0:


How time flies! Make I go ask him self?

One of the ogas/chairmen of SMN ....double salute. IF this oga say make you run from any company. Run and ask questions later

Kebson:
I said it and I will continue saying it again.. You only gain when you sell and you only loss when you sell.

Think long term.

What happens when you are in a stock but you refuse to sell and the stock gets delisted or the company folds up? In such a scenario can it still be said that you have not lost because you have not sold?

https://punchng.com/universal-insurance-pays-n1-2bn-claims-report/

Universal Insurance says it paid N1.2bn claims to its policyholders in 2022 financial period. It disclosed this in a statement on its annual financial results for the period ended 31st December, 2022. The underwriting firm’s profit for the year appreciated by 341 per cent from N161.1m in 2021 to N667.8m in 2022. The Chairman of the company, Jasper Uduagwuike, disclosed this to shareholders during 56th annual general meeting in Lagos. He said its gross premium written rose by 63 per cent to N5.7bn from N3.473bn in 2021, while total revenue rose by 84 per cent to N4.87bn from N2.644bn. According to him, the company’s strength to take more risks showed in the 84 per cent increase in earned premium from N2.4bn to N4.43bn.

essentialone:


I have jumped out of this aeroplane of Universal Insurance.

Pilot does not seem to have a steady balance.

Insurance companies are like banks in the sense they have relatively large OS hence the scarcity to drive their prices up in response to even good results is not there. The only few insurance companies which rally substantially have relatively low OS.

https://businessday.ng/companies/article/universal-insurances-annual-profit-hits-n667-8m/

Universal Insurance Plc has reported a profit before tax of N667.8 million in 2022, an increase of 341 percent from N161.1 million in 2021. Speaking at the company’s 56th Annual General Meeting in Lagos, Jasper Uduagwuike, its chairman, said the increased profitability “shows the company’s future is brighter”. “We are steadfast in our commitment to delivering sustainable results, undeterred by the challenges that may lie ahead. Our solid financial foundation and strategic approach position us confidently to navigate the dynamic landscape and continue providing value to our customers and stakeholders,” he said.

https://doclib.ngxgroup.com/Financial_NewsDocs/39259_UNIVERSAL_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

@Wanaj0

Greetings! Long time.

Where is @FatherofTwo?

Deadlytruth:

What happens when you are in a stock but you refuse to sell and the stock gets delisted or the company folds up? In such a scenario can it still be said that you have not lost because you have not sold?

Since the company has delisted, the shares are no more available for trade. In essence it's no longer a stock. Your value is kept for you as per the terms and agreement and conditions to delist the company.

When they say you have not gained or lost money untill you sell only apply to stocks. Reason we say your current value is paper money until you sell.
Once delisted, it's no more a stock that is trade able.

crownprince2017:
Pa Emma, pls do you still maintain your position as regards presco shares, despite what a debt issue a member raised here last time?

Pls I need swift answers.

Thanks..

Good day, just seeing this. I will use figures to answer your questions, because I have found out that opinions are useless, wise people don't need it and foolish people won't use it

Presco performance in 2022.

Revenue 83b
Equity 42.6b
EPS 21.5
Return On Equity 50%

Total Asset 145b
Current Asset 50b
Current liabilities 30b
Non current liabilities 72.5b
Working capital 20b
Cash 12b

Net Operating Cash Flow 14.3b
Free cash flow 5b

Cash flow return on investment 12.5%
Return On Capital Employed 31%


Earnings Before Interest and Taxes N35.5b
Gross Profit 48b
Profit After Tax 21.5

Capital Employed 115b
Net debt 72.3b
Net debt/EBIT 2 years


Profit Margin 26%
Free cash flow margin 6%
Gross Profit/Total Asset 33%.


Performance for half year 2023

Revenue 48b
Equity 49b


Total Asset 158b
Current Asset 59b
Current liabilities 38b
Non current liabilities 71b
Working capital 21b

Net Operating Cash Flow 17b
Free cash flow 11.3b


Gross Profit 32b
EBIT 25b

Capital Employed 120b
Net Debt 73b
Profit Margin 31%.


Forecast made by management for the year 2023. I know they are very conservative with this forecast


Revenue 94b
Gross Profit 60b
Profit After Tax 24.5b
Profit Margin 26%.






By the way Presco dividend came in like a thief at night around 1.45am Nigerian time i

PETERiCHY:


UBA LOADING LAST PASSENGERS @#16.70k afterwards #20 here we come.

By next week NUMEROUS SHAREHOLDERS will REINVEST their INTERIM DIVIDEND that will PAID this FRIDAY 6th OCTOBER 2023 which inturn will help BOOST our FUEL TANK ⛽

By MONTH END when their SUPERLATIVE FX REVALUATION Q3 INDUCED results will be released then we will be HEADING to circa #30.

BARGAIN HUNTERS TAKE NOTE!

No be so my brother. Banking stocks price don’t move like this oooo except there is surprise in their final year dividend

What is now driving high the shares price of AFRIPRUD that has been asleep for more than a year?

https://nasdng.com/prices-markets/price-list/

Please, if I have some shares on NASD, how can I trade on them?

They are not reflecting on my shares portfolio of NGX.

Are there special platforms to trade on them, or do they have special stock brokers?

A very likely scenario, but quite unlikely when you trade/invest in fundamental tier 1 companies i.e. MTN, Dangote, the big banks etc.

Distance yourself from those penny/kobo stocks.. DYR.

Deadlytruth:

What happens when you are in a stock but you refuse to sell and the stock gets delisted or the company folds up? In such a scenario can it still be said that you have not lost because you have not sold?

essentialone:
https://nasdng.com/prices-markets/price-list/

Please, if I have some shares on NASD, how can I trade on them?

They are not reflecting on my shares portfolio of NGX.

Are there special platforms to trade on them, or do they have special stock brokers?

You need to open NASD account, make sure your Clearing House Number is linked to your NASD account

emmanuelewumi:




You need to open NASD account, make sure your Clearing House Number is linked to your NASD account

Please, I really need a step by step guide on how to go about this

essentialone:


Please, I really need a step by step guide on how to go about this

Here are the steps to open a NASD account in Nigeria:

1. Visit the NASD website at https://nasdng.com.
2. Click on the "Join NASD" button on the homepage.
3. Select the type of account you want to open, such as NASD Private Market, NASDeP, or NASD Crowdfunding.
4. Fill out the registration form with your personal information, including your name, email address, phone number, and address.
5. Upload the required documents, such as a valid ID card, passport photograph, and utility bill.
6. Submit the registration form and wait for approval.
7. Once your account is approved, you will receive a confirmation email with your login details.
8. Fund your account and start trading on the NASD OTC Market.

Note that you also need to open a CSCS account for transactions on NASD OTC Market. The process of opening a CSCS account is separate from opening a NASD account. You can contact your bank or a stockbroker to help you open a CSCS account.


Copied...

essentialone:


Please, I really need a step by step guide on how to go about this

You have to trade them through your broker.
Send an email to your broker to open an NASD account for you and migrate your NASD share to them.

NASD is not automated, you have to send emails every time you want to trade(Buy and Sell).

Note:- Not all broker trade on NASD.
https://nasdng.com/members-partners/participating-institutions/broker-dealer-firms/

https://nairametrics.com/2023/10/05/investments-in-solid-minerals-will-boost-economy-says-firs-boss/

The kind of news that our listed MILOST dey take fly. Soon stories go dey fly of deals and partnerships. May God help us..

emmanuelewumi:




Good day, just seeing this. I will use figures to answer your questions, because I have found out that opinions are useless, wise people don't need it and foolish people won't use it

Presco performance in 2022.

Revenue 83b
Equity 42.6b
EPS 21.5
Return On Equity 50%

Total Asset 145b
Current Asset 50b
Current liabilities 30b
Non current liabilities 72.5b
Working capital 20b
Cash 12b

Net Operating Cash Flow 14.3b
Free cash flow 5b

Cash flow return on investment 12.5%
Return On Capital Employed 31%


Earnings Before Interest and Taxes N35.5b
Gross Profit 48b
Profit After Tax 21.5

Capital Employed 115b
Net debt 72.3b
Net debt/EBIT 2 years


Profit Margin 26%
Free cash flow margin 6%
Gross Profit/Total Asset 33%.


Performance for half year 2023

Revenue 48b
Equity 49b


Total Asset 158b
Current Asset 59b
Current liabilities 38b
Non current liabilities 71b
Working capital 21b

Net Operating Cash Flow 17b
Free cash flow 11.3b


Gross Profit 32b
EBIT 25b

Capital Employed 120b
Net Debt 73b
Profit Margin 31%.


Forecast made by management for the year 2023. I know they are very conservative with this forecast


Revenue 94b
Gross Profit 60b
Profit After Tax 24.5b
Profit Margin 26%.






By the way Presco dividend came in like a thief at night around 1.45am Nigerian time i

Thanks alot.

DeRuggedProf:
https://nairametrics.com/2023/10/05/investments-in-solid-minerals-will-boost-economy-says-firs-boss/

The kind of news that our listed MILOST dey take fly. Soon stories go dey fly of deals and partnerships. May God help us..

Japaul for me is a good investment if it had not undergone technical reconstruction( i dont follow its news) since the introduction of the 20k rule.....

I once was considering gambling #1million on it when it was dancing around 20-22k.......in fact it did so for nearly a year

@ 90k+ today anf baring inflation it has returned more than my dangling wapco in dat same period