yMcy56:

Yes. You're right.
I equally saw it..........but I don't think its possible for the price to be N1m. It could be a mistake from the MM/personnel that included it in the EQTY section...

If you notice, there isn't any data available in the columns till now......this is not typical of a newly listed company.
It could be that the volumes aren't visible because of the price tag attached to it.

Alright

dapix:
The way, they are pushing UBA share price, no be from here o. see mopping.

I don't think so. If you look at the trading pattern some people are making sure the price of Transcorp Power doesn't fall. They are not likely to change after the dividend was paid.

Hogwarthtrades:


try this page https://www.cognitoforms.com/DataMaxGroup1/ShareholdersEcontactUpdateForm

check your brokerage account statement or report to see what your CHN number is.. As for shareholder number, you can leave it blank.


OK sir!

My GTCO dividend hit my account few minutes ago. This is wonderful considering the fact that it was just two days ago I filled the form in this link you shared.

Raider76:


I don't think so. If you look at the trading pattern some people are making sure the price of Transcorp Power doesn't fall. They are not likely to change after the dividend was paid.

May be sell in May and go away will catch up with some stocks....what do you think?

How can somebody become director please.

ositadima1:
Breakdown of Zenith Bank Plc AGM Resolutions (Lagos, Nigeria, May 9, 2024)

Meeting: Annual General Meeting (AGM) held on May 8, 2024

Location: Civic Centre, Ozumba Mbadiwe Street, Victoria Island, Lagos State

Key Resolutions:

Financial Statements: Approved the Report of the Directors and Audited Financial Statements for 2023.

Dividend: Declared a final dividend of N3.50 per share (total gross dividend of N109,887,728,254.50) for the year ended December 31, 2023, payable to shareholders on record as of April 24, 2024. (This brings the total dividend for 2023 to N4.00 per share and a gross dividend of N125,585,975,148.00)

Board Changes:
* Approved Dr. Juliet Ehimuan as a new Non-Executive Director.
* Re-elected Dr. Al-Mujtaba Abubakar, Dr. Omobola Ibidapo-Obe Ogunfowora, and Mr. Henry Oroh as Directors.
* Re-elected Engr. Mustafa Bello as a Non-Executive Director.

Auditors:
* Ratified the appointment of Messrs. PricewaterhouseCoopers (PWC) as External Auditors.
* Authorized the Directors to fix the remuneration of the Auditors.

Management Remuneration: Noted the remuneration of the Managers as disclosed in the Annual Report.

Directors' Fees: Set the Directors' fee for 2024 at N40 million only for each Director.

Share Capital Increase: Increased the issued share capital from N15.69 billion to N31.39 billion by creating additional ordinary shares.

Capital Raising Program: Authorized the Board to establish a program to raise capital up to the authorized limit, through various methods and subject to regulatory approvals.

Rights Issue: In case of a Rights Issue, authorized the Directors to offer unsubscribed shares to other interested shareholders after obtaining approvals.

Articles of Association Amendment: Amended relevant clauses in the Company's Memorandum and Articles of Association to reflect the new share capital.

Cancellation of Unsold Shares: Authorized the Directors to cancel any shares not required after the capital raising program.

Implementation Authority: Granted the Directors authority to appoint professionals, perform necessary acts, and comply with regulations to implement these resolutions.

Audit Committee:
* Elected/Re-elected Mrs. Adebimpe Balogun, Mr. Michael Olusoji Ajayi, and Prof. Leonard Fidelis O. Obika as members.
* Nominated Dr. Al-Mujtaba Abubakar and Engr. Mustafa Bello as Directors to the Committee.

yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!

Who knows the full requirements for moving stock prices? Last I read, not all stocks require 100,000 units for their price to move.

debeey87:


Mind sharing your thoughts on buying Treasury bill when you can probably earn same rate in bonds for at least another 3-5yrs since you don't trust the fundamentals of the economy at this time. Thank you

I have quite a few of long dated FGN Bonds between 15 - 20 years . They serve as cash flow and some other purposes.

The money I put in Tbills at the moment were originally meant for stocks but it does look like we are yet to see the bottoms of some stocks I have eyes on .

So instead of leaving them idle in savings account and getting measly 5% , I decided to put them in Tbills , compound them , as I continue to keep my eyes on the stocks I've penned down for purchase

Shalom

Three 'easy' routes:
1. Become a major stakeholder (min 5% of the shares). Non-executive
2. Climb the professional ladder. Executive
3. Know the owner of the company...

Niyijac:
How can somebody become director please.

Niyijac:
How can somebody become director please.

Just go to thr head quarters and be shouting.It is my turn like Mr town Hall,lol

There are several key reforms i believe should take effect in the NGX.
One of them is earning interest on deposits in brokerage accounts.
I believe this is long overdue...

UNILEVER just landed... Waiting for WAPCO

Deadlytruth:

My GTCO dividend hit my account few minutes ago. This is wonderful considering the fact that it was just two days ago I filled the form in this link you shared.

Good to hear it worked well. Enjoy the divy spree . Registrars in NGX are gradually getting better with time. Veritas on the other hand ~ i comment my reserve (i hope dang refinery find another house whenever the merger sail through)

faoogoke:
To all oando hopefuls.

SEC just banned Tinubu from sitting on the board of any company for the next 5 years.
This is subsequent upon the audit report conducted into the finance and operations of the company.

Are you just reading/coming across a story that broke in 2019?
Welcome back from your slumber

megawealth01:
UNILEVER just landed... Waiting for WAPCO

average of 20 company dividend man na im u be.

Ikeja Hotel Plc
Buy, Sell, or Hold?

Does anyone know why this access bank is soo.. Cheap. I want to jump on it, but it is looking too good to be true.

NettyNelly:
Does anyone know why this access bank is soo.. Cheap. I want to jump on it, but it is looking too good to be true.

Trust your instincts

Hogwarthtrades:


Good to hear it worked well. Enjoy the divy spree . Registrars in NGX are gradually getting better with time. Veritas on the other hand ~ i comment my reserve (i hope dang refinery find another house whenever the merger sail through)

I can confirm that Veritas is a potential dividends thief, not joking, I was underpaid by over N1,600,000.00 , going to initiate the process of reclaiming my Zenith Bank 2023 dividend from this perennial Dividend robber by next week. Giving up gradually on this obodo naija.
Corporate and public thieves everywhere.

Some people collect Zenith in 10 digits, me I collect my small portion, I still use am enjoy very well, still get change to reinvest, dem Bleep pussycat I still Bleep my own at my level, they travel, me I still travel, they go discotheques, me i use my high fidelity ear buds enjoy the same concert, they high on expensive spirits and wine, me i high on my beer and cheap spirit, no see this thing way we dey pursue na vanity.

Any news on custodian? It closed on full bid today

ositadima1:
Some people collect Zenith in 10 digits, me I collect my small portion, I still use am enjoy very well, still get change to reinvest, dem Bleep pussycat I still Bleep my own at my level, they travel, me I still travel, they go discotheques, me i use my high fidelity ear buds enjoy the same concert, they high on expensive spirits and wine, me i high on my beer and cheap spirit, no see this thing way we dey pursue na vanity.

I wanted to say this man don high until I saw that you have already confessed. Go and sin no more

Shalom428:
I have quite a few of long dated FGN Bonds between 15 - 20 years . They serve as cash flow and some other purposes.

The money I put in Tbills at the moment were originally meant for stocks but it does look like we are yet to see the bottoms of some stocks I have eyes on .

So instead of leaving them idle in savings account and getting measly 5% , I decided to put them in Tbills , compound them , as I continue to keep my eyes on the stocks I've penned down for purchase

Shalom

Thanks for responding.

DS @34/35 - What's the probability?

Picky1:


May be sell in May and go away will catch up with some stocks....what do you think?

It's possible. But even now there are about 5m to 6m offers everyday with no buyers. I suspect those might be the ones that sell in May caught, and they are definitely not the major money people that can move the price. The high volume transactions are off-floor crosses, and they make sure they don't do 100,000 unit single deals.

megawealth01:
UNILEVER just landed... Waiting for WAPCO

My wapco dividend came on 29th April. If you haven't gotten yours after checking through your acct statement, you may need to do something about it already.

Hi people. Can one become an NED of a Nigerian publicly listed company by merely buying shares and being the largest shareholder (Just like Otedola Vs FBNH)?

Yes

ggoldmine:
Hi people. Can one become an NED of a Nigerian publicly listed company by merely buying shares and being the largest shareholder (Just like Otedola Vs FBNH)?

ositadima1:
Some people collect Zenith in 10 digits, me I collect my small portion, I still use am enjoy very well, still get change to reinvest, dem Bleep pussycat I still Bleep my own at my level, they travel, me I still travel, they go discotheques, me i use my high fidelity ear buds enjoy the same concert, they high on expensive spirits and wine, me i high on my beer and cheap spirit, no see this thing way we dey pursue na vanity.

Me, using my Zenith dividend to step down on a hot Thursday afternoon

emmanuelewumi:



Me, using my Zenith dividend to step down on a hot Thursday afternoon

me this was what i did.

1. instead of N1.8 dividend of access bank, i sold all my holding before qualification date for N23, entered with all the money again at N17. My own dividend compounded directly was N6 (23-17). My total shares increased tremedously

2. UCAP, i sold before qualification at N22.5 to jump the N1.8 dividend. used all the money and entered at N16.8. Dividend compounded was N5.7 (22.5 - 16.8 )

the above was possible because those stocks did not recover immediately as some might do. sometimes this thing na luck. i just took my chance.

e get one wey i don sell all too and waiting at the point of entry, that one done drop 25%, i am waiting for just 5% drop and i am good to go.

I hardly chop dividend directly. i no like that 10% withholding from my proceed.

I go drink beer next year

vacanci:


me this was what i did.

1. instead of N1.8 dividend of access bank, i sold all my holding before qualification date for N23, entered with all the money again at N17. My own dividend compounded directly was N6 (23-17). My total shares increased tremedously

2. UCAP, i sold before qualification at N22.5 to jump the N1.8 dividend. used all the money and entered at N16.8. Dividend compounded was N5.7 (22.5 - 16.8 )

the above was possible because those stocks did not recover immediately as some might do. sometimes this thing na luck. i just took my chance.

e get one wey i don sell all too and waiting at the point of entry, that one done drop 25%, i am waiting for just 5% drop and i am good to go.

I hardly chop dividend directly. i no like that 10% withholding from my proceed.

I go drink beer next year

Good strategy. But the 10% WHT (withholding tax) will probably be lesser than your brokerage fee. Let’s say your brokerage fee on a #20 stock is 3% (cumulative to sell and re-buy). You lose #0.6 on going for such round trip. Whereas same #20 stock has a 10% dividend yield of #2 so your 10% WHT will be #0.2 per share. At the end, what you’re running from in WHT will still catch you via brokerage fees. Except the stock depreciates considerably after dividend payments (like your UCAP and Access examples) but that’s not a certainty (e.g Zenith is yet to depreciate post-dividend payment).

Just like me, you are a TRADINVESTOR

However, it must be stated that this only works for stocks with good price yet pays 'peanuts' as dividend...

vacanci:


me this was what i did.

1. instead of N1.8 dividend of access bank, i sold all my holding before qualification date for N23, entered with all the money again at N17. My own dividend compounded directly was N6 (23-17). My total shares increased tremedously

2. UCAP, i sold before qualification at N22.5 to jump the N1.8 dividend. used all the money and entered at N16.8. Dividend compounded was N5.7 (22.5 - 16.8 )

the above was possible because those stocks did not recover immediately as some might do. sometimes this thing na luck. i just took my chance.

e get one wey i don sell all too and waiting at the point of entry, that one done drop 25%, i am waiting for just 5% drop and i am good to go.

I hardly chop dividend directly. i no like that 10% withholding from my proceed.

I go drink beer next year

vacanci:


me this was what i did.

1. instead of N1.8 dividend of access bank, i sold all my holding before qualification date for N23, entered with all the money again at N17. My own dividend compounded directly was N6 (23-17). My total shares increased tremedously

2. UCAP, i sold before qualification at N22.5 to jump the N1.8 dividend. used all the money and entered at N16.8. Dividend compounded was N5.7 (22.5 - 16.8 )

the above was possible because those stocks did not recover immediately as some might do. sometimes this thing na luck. i just took my chance.

e get one wey i don sell all too and waiting at the point of entry, that one done drop 25%, i am waiting for just 5% drop and i am good to go.

I hardly chop dividend directly. i no like that 10% withholding from my proceed.

I go drink beer next year

it's always luck with this strategy!
I know it's Uba that you are not lucky to grab