emmaodet:


I have shares with them.
What does it mean register closes by 5th July bro?
And will my dividends be credited to my account directly through my investment one account? Or there is a process of clearing it

KarlTom:
Let me put it in layman's terms. On the 5th of July, they will mark attendance. If you are a shareholder at close of business, you will be marked present and paid dividend.
I believe your dividend will be credited to your account (provided you have completed the e-dividend registration). Send a mail to your brokers to confirm...

Streetinvestor2:
The guy manipulating juli na watin be the target.
Is he hoping for anyone to fall mugu and buy from him at high price.Abi juli wan come for PO therefore pumping up price so that the offer price go dey high.When they cook finish we go see the people they are cooking it for

Krisuba:



Where Neimeith. is selling below 2 naira this pharmacy shop the form jagaban.

Locotrader:


If you know the secret and powers behind outstanding shares, you will consider it first in your stock investments.

Check Juli outstanding shares and their shareholding structure and also check Neimeth. You will know the reason though both are loss making companies

Locotrader:


If you know the secret and powers behind outstanding shares, you will consider it first in your stock investments.

Check Juli outstanding shares and their shareholding structure and also check Neimeth. You will know the reason though both are loss making companies

Frangel:
Earnings Per Share (EPS)
This almighty metric, I see folks refer to most times, does not necessarily show the financial health or performance of a company. It is the easiest to manipulate/distort. To create an impressive EPS, management could ship-out products/services towards year end to create higher-than-normal sales, which will eventually add to the bottomline from which EPS is derived. Other forms of financial abracadabra could include suppressing expenses or losses, etc. BunmiOni's Cadbury comes to mind.

It is advisable to also look at the Statement of Financial Position (SFP), pay attention to the shareholders' fund and its components, level of gearing, etc. Also, look at the notes to the accounts for details of some unusual items in the P&L and SFP, in addition to other news about the company.

I often advise that sustainable investing in shares is more of a marathon than a sprint.

PS: Above might not be too relevant to those focused on TA or unorthodox approach to investing.

Streetinvestor2:
How about when you look at the eps over 10 yrs and not just for one financial yr eg gtbank and zenith without one time magic like revaluation of forex

ositadima1:
Good or Bad?

Frangel:
Earnings Per Share (EPS)
This almighty metric, I see folks refer to most times, does not necessarily show the financial health or performance of a company. It is the easiest to manipulate/distort. To create an impressive EPS, management could ship-out products/services towards year end to create higher-than-normal sales, which will eventually add to the bottomline from which EPS is derived. Other forms of financial abracadabra could include suppressing expenses or losses, etc. BunmiOni's Cadbury comes to mind.

It is advisable to also look at the Statement of Financial Position (SFP), pay attention to the shareholders' fund and its components, level of gearing, etc. Also, look at the notes to the accounts for details of some unusual items in the P&L and SFP, in addition to other news about the company.

I often advise that sustainable investing in shares is more of a marathon than a sprint.

PS: Above might not be too relevant to those focused on TA or unorthodox approach to investing.

Objectivist04:
Good day everyone, pls l repoted an issue l am having with Meristern with regards to my Fbnh shares about a couple of weeks ago, advice was given and followed but unfortunately they have not credited my shares fully to my account, infact whenever I call the receptionist will tell me that registrars are busy that l should call later. The guy that attends to me with the name Femi no longer please picks my calls and neither do they respond to my mails.

For those who don't know the crust of the matter.
I bought 10k units of Fbnh during their IPO in 2007 and handed the certificate including that of my first bonus (200k) units to my stockbroker ( Transglobe investment) I did not care to follow up because I am not a trader and neither do I knew much about the stock market, just following the rave of the moment.
Years later when I wanted to sell the shares l was told that Transglobe has gone underground and that l have to open account with another stockbroker so I can move my shares of which l did with Morgan capital.

After applying for share transfer, Morgan informed me that my share were not registered with CSCS and that l have to apply for dematerialization which I did.
Two weeks ago, l received a call from a staff o Morgan capital informing me that my shares has been successfully credited to my CSCS account but I was shocked when he told me that I have 3905 units instead of 18045.
When I reached out to Meristern to complain they told me that it is what they have with them, I tried to let them know that I have been receiving dividends based on 18045 I even mailed to them the screenshot of a mail they sent to me two years ago after an enquiry, informing me that I have 18045 units but still they could not do anything.

I started calling them frequently and they told me they are looking into it, it has been 2 weeks now and there is no feedback from them . Even if they have given me the number of my initial investment it would have been more understandable but 3905 units ? I just can wrap my head on how they came about that figure.
.I have even copied CSCS and NSE while mailing them but still they did not respond.

Objectivist04:
Good day everyone, pls l repoted an issue l am having with Meristern with regards to my Fbnh shares about a couple of weeks ago, advice was given and followed but unfortunately they have not credited my shares fully to my account, infact whenever I call the receptionist will tell me that registrars are busy that l should call later. The guy that attends to me with the name Femi no longer please picks my calls and neither do they respond to my mails.

For those who don't know the crust of the matter.
I bought 10k units of Fbnh during their IPO in 2007 and handed the certificate including that of my first bonus (200k) units to my stockbroker ( Transglobe investment) I did not care to follow up because I am not a trader and neither do I knew much about the stock market, just following the rave of the moment.
Years later when I wanted to sell the shares l was told that Transglobe has gone underground and that l have to open account with another stockbroker so I can move my shares of which l did with Morgan capital.

After applying for share transfer, Morgan informed me that my share were not registered with CSCS and that l have to apply for dematerialization which I did.
Two weeks ago, l received a call from a staff o Morgan capital informing me that my shares has been successfully credited to my CSCS account but I was shocked when he told me that I have 3905 units instead of 18045.
When I reached out to Meristern to complain they told me that it is what they have with them, I tried to let them know that I have been receiving dividends based on 18045 I even mailed to them the screenshot of a mail they sent to me two years ago after an enquiry, informing me that I have 18045 units but still they could not do anything.

I started calling them frequently and they told me they are looking into it, it has been 2 weeks now and there is no feedback from them . Even if they have given me the number of my initial investment it would have been more understandable but 3905 units ? I just can wrap my head on how they came about that figure.
.I have even copied CSCS and NSE while mailing them but still they did not respond.

ositadima1:



A trick that I have used to my advantage in the past is to chat with customer care on the CSCS website (https : // portal .cscs. ng/home/index). There is a chat box somewhere on every page.

Start a chat on workdays during work hours, and the person on the other side will direct you on what to do and provide you with email addresses to send your complaints to the appropriate places. It is actually good to have an account with them so you can see all your stocks and quantities yourself.

ositadima1:
Good or Bad?

Frangel:

In addition to the tips from Ositadima above, SEC is the regulator for registrars.

Seems they have not stated you now have just 3905 (instead of 18045). But you are suffering for the inefficiency of the system. Give them some days or a week and contact them again. If not satisfied, you could escalate to SEC.

Also, request for your account statement which should give details of your holdings.

ositadima1:
Good or Bad?

ositadima1:
Good or Bad?

ositadima1:
Good or Bad?

emmaodet:


Hello bro, please how do I correctly calculate the EBIT in this example below?

Air Macklon at $45 per share, has a market cap of $13.5 billion and a price-to-earnings (P/E) ratio of 10.
But its balance sheet was burdened with nearly $30 billion in net debt.
So Macklon's EV was $43.5 billion, or nearly 13 times its $3.4 billion in EBIT.

How did they get $3.4b as EBIT?
From my calculation, my EBIT is $1.35b which represents 10% of the market cap since that is 10% of EPS

SonofElElyonRet:


Last result was bad but this honestly sounds good. Noticed alsò that price went up last trading day...

ositadima1:


I asked Claude 3:

To calculate the EBIT (Earnings Before Interest and Taxes) correctly, we need to use the information provided about the market capitalization (market cap) and the price-to-earnings (P/E) ratio.

Given information:
- Air Macklon's stock price is $45 per share.
- Market capitalization is $13.5 billion.
- Price-to-earnings (P/E) ratio is 10.

Step 1: Calculate the earnings (net income) using the market cap and P/E ratio.
Earnings (Net Income) = Market Cap / P/E ratio
Earnings (Net Income) = $13.5 billion / 10
Earnings (Net Income) = $1.35 billion

Step 2: Calculate the EBIT (Earnings Before Interest and Taxes) from the net income.
EBIT = Net Income + Interest Expense + Tax Expense

Since we don't have information about the interest expense and tax expense, we cannot directly calculate the EBIT from the given information.

However, we can use the enterprise value (EV) and the provided EBIT value to work backward and find the correct EBIT.

Given information:
- Enterprise value (EV) is $43.5 billion.
- EBIT is mentioned as $3.4 billion.

If the EBIT is $3.4 billion, and the EV is $43.5 billion, then the EV/EBIT multiple is:
EV/EBIT = $43.5 billion / $3.4 billion ≈ 12.8

This matches the information provided in the example, which states that "Macklon's EV was $43.5 billion, or nearly 13 times its $3.4 billion in EBIT."

Therefore, the correct EBIT for Air Macklon is $3.4 billion, and not $1.35 billion, which represents the net income calculated from the market cap and P/E ratio.

In summary, the EBIT of $3.4 billion is the correct value based on the given information about the enterprise value and the EV/EBIT multiple."

Objectivist04:

I have done that, l requested for my transaction history as advise by my broker but no reply, is like they are now seeing me as an irritant or something else of that nature

KarlTom:
You should NOT be made to suffer for a professional error or 'system glitch'.

If possible, pay all concerned parties a physical visit.

Your sweat. Your money. FIGHT FOR IT!