₦airaland Forum

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/
Thank you for this information,I just used it to confirm my and it shows

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

Blitzking:
I have crypto..and benefited from crypto made my first million in crypto and participated in many crypto projects projects via ico...ido...fairlaunches...nft...but overtime I realise crypto investment is money you don't need in a long time and any money I invest in crypto I see it as gone in 202q the average I invested in any crypto project was 3 bnb or 0.1 eth some made me alot of money and others were rug pull I used all sorts of bots to get in first participated in yield farming ..I realised crypto is an investment vehicle that appealed to the young..the same way alot of ppl don't really know what web 3 future will be like..if u can catch the vision before others good for you...

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

ppogba:
Download the INVEARN app and thank me later.

That is all you need to get your dividends

joseph1832:
Abeg e reach to laugh. Lmao

Ishilove:


As in ehn. Insult upon injury

ppogba:
Get your statement of account from your stockbroker. The CSCS number will be starring you in the face from one angle

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

ppogba:
It is only a kid that could have said " investing is shares and stocks is a waste of time and money". But since you are claiming not to be one, sorry for my assumption. Maybe you are just an ignorant adult who refused to educate himself and has agreed to hold on perpetually to the ignorant end of the stick.

You are right. I am a kid. What an assumption! Just that I am a kid old enough to have bought shares during public offer of 2002, 2003 for himself and his children.

GEJDHERO:
Do i even know my stockbroker again? its been years.I also noticed that my Dad has a lot of unclaimed dividends,he died almost 20years ago how do we his children claim his dividends?

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

Xinjin:
Pls
Add land investment

StarGraphicX:
after the year ends, can I withdraw both the 1m capital and 200k interest?

rowrowland:
You guys are lucky as the share value already dropped as at that time - your dad bought cheap.
I bought mine before then and it turned out to be the ultimate Scam - the moment Baba Iyabo moved his money, it crumbled. Transcorp then was promising because of Obasanjo - it would've performed if he got third term. Stock pros in-house, correct me if I'm wrong oo.
I think I bought for 20naira per share back then.

Ibechris2:
I learnt one key thing about buying shares.

Before u buy any share or stocks from any organisation in Nigeria one,check out the live styles of the CEO's and other top management teams.

Check out they lavish money on...then come back and tell hourself the hard truth.

ppogba:
There was never a time Obasanjo put his money in Transcorp and withdrew same . This is just an unfounded rumour.

Transcorp only seized the opportunity of the shares public offering of that time even without the solid fundamentals to support the public offer price the shares sold for. Besides, it was the cowboys at the time that packaged it for the public to chew

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

Krucifax:
The problem with people and investments is not doing proper research. Consider this. Most shares globally pay annual dividend of between 1-15% (when they pay oo!!) This also applies to the biggest companies in Nigeria.Some do not even pay if they've had a bad year of trading.
Also consider that percentage payment is not fixed and can flucuate year on year. Meaning some years they'll pay less and some years they'll pay more.

So for example if you buy shares worth of N100,000. Your yearly return will be between N1000 to N15,000 on average.Dependent on the company's performance that year.

Bear in mind percentage payment is dependent on share value!!! If the value goes up percentage return is high. If the share value goes down percentage is low. So technically speaking you can even lose most of your money.

The only people making real money from shares are those investing N10Million to N100 Million or more. In my opinion if you do not have several millions you are not using to spare it's not worth the effort. Because its an unguaranteed gamble. It's better to invest in government bonds or treasury bills or my personal favourite Property.

Jokerman:
And my Dad bought about 5000 shares from Transcorp as at 2005.

I'm just preparing the Letter of Administration now, and other files to submit.

With this your thread bro, I don dey fear o, me wey dey reason say we for get like 5M 😮‍💨

Blitzking:
Not good enough...if u see the way Herbert of blessed memory and Tony and his wife buys shares you will realise they buy in billions which is on the High side, but I advise you start from hundreds of thousand of shares to millions of shares. Cos most nigerian companies dividend are in kobos/shares so you need a lot of shares to get something tangible. With the level of inflation it might be worth less for now but when n9geria starts working it will be worth a fortune...

Love800:
Whats the difference between shares and govt bonds and treasury bills. Are these three(3) things the same thing?

harjay1986:
To me ooh, Government treasury bills or bonds are better for investment compare to buying shares... have seen some people who invested like 5million naira on shares since 2005 and buy now he has nothing because most of the big man who invested billions of naira on the same shares quickly dump it once the see a significant increment in the price there by liquidate the low income investors, that is when the company will be coming with the negative balance for the year and as negative keep coming you can't get your dividend and your share price will be reducing... but on treasury bills or bonds I can say specifically there is one that will even tells you how much you will earn when you buy certain amount of it ... like they will tell you if you invest 10million naira they will let you know that after the tenure of such bill you will receive let say 11million that means they pay u 10% of your investment

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

harjay1986:
To me ooh, Government treasury bills or bonds are better for investment compare to buying shares... have seen some people who invested like 5million naira on shares since 2005 and buy now he has nothing because most of the big man who invested billions of naira on the same shares quickly dump it once the see a significant increment in the price there by liquidate the low income investors, that is when the company will be coming with the negative balance for the year and as negative keep coming you can't get your dividend and your share price will be reducing... but on treasury bills or bonds I can say specifically there is one that will even tells you how much you will earn when you buy certain amount of it ... like they will tell you if you invest 10million naira they will let you know that after the tenure of such bill you will receive let say 11million that means they pay u 10% of your investment

harjay1986:
Not even that, ask yourself how many people really get paid substantial amount of money during 2000s Bank recapitalization that the bank are selling shares here and there.... the thing is that many people don't know how these thing work, there is buy and dump in Nigeria share just like in crypto world so if you are buying for long time your investment will be liquidated , the purpose is to buy for some month after of you see some kind of increment compared to when you buy you sell/dump immediately... but many leave it thinking if i leave it for some years like 30 years or 20 years my 10million naira will turn to 100million but in Nigeria your 10million will turn to 00kobo....