₦airaland Forum

Mpeace:
FO don't do Crude oil.

Mpeace:
FO don't do Crude oil.

abeg222:
Do stockbrokers keep shares certificate?
I went to a sharebroker for the recovery of my bonus and dividends fortnight ago. They requested that I must have an account with them of which was opened for me and I was asked to pay a paltry into their account and bring the bank teller for them. I did as told and I signed some few papers and they collected the share certificate from me ,they said they would contact the registrar and everything will be recovered and that I will be contacted if the need arises. Actually,my intention was to sell the shares but I was discouraged not to sell it when I got to their office because I have very little knowledge about it. I bought the shares in skye bank in 2008....my apprehension now is ,is the certificate safe with them or should I go there and request for an extra copy of it? I'm confused.

locodemy:
It is one of the disadvantages of buying share from the primary market.To summarize it,what they did is the normal thing.you should have make photocopies before submitting to them but there is no problem.Bear in mind,the process is a long one and might take between one to two months before your shares are credited to your cscs account which you opened with your broker.You may have problem during the verifications if your signature appear irregular.Make sure you signed the same signature which you signed during the purchases.Always visit your broker(weekly) to know the status of the deal.Finally,bear in mind that you cant have your share certificates again once they are verified and credited into your account.

currentprice:
hope we can get FO at good price by February

chai! mecy go don fall hand here because she like FO no be small

^{from wedding to MMM to FO}

abeg222:
Thank you very much for the enlightenment but I have few questions. The dividends are to be paid directly into my bank account. So, in as much it won't be credited into the account they opened for me what will I be doing with the account? To trade with nothing in it? Plus can I still go there to request for the extra copy of the certificate and what if I want to sell the shares how will I go about it?

ihedioramma:
Please multiply it and tell us there price sir ? . some people make play of you about yesterday about transcorp i can't see there face today why? .

Jejebaba:
In my own opinion, go for treasury bills, last auction has true yield of 22.91% for 364 days and its 100% guaranteed.

Tritri:
locodemy: My guy wey buy transcorp at 80kobo don loose 2kobo today........i dey wait to buy mine at 66kobo.


Tritri: you better dont touch dat transcorp until it get to 0.60 kobo... like it did 2month ago or so.


Same here..I warned Him.


Na so them warn me against FO...@locodemy HOPE u did not follow them buy transcorp at 80kobo?

locodemy:
I guess you only submitted certificates to your broker and asked them to verify it for you so yo can sell abi?
First,they will open what is called cscs account which your shares in the certificate will be transfered to.You can ask your broker to sell the shares from that account.You can be trading with the same account(buying&selling)

Pls dont go there to ask for the certificate again because your shares will be credited to your account for you to sell.
what you should go there to do is to ask them if your shares are credited and ready for sell.Do you understand now?

For dividend,it is not necessary that your broker will process it for you.you can equally do it yourself. [/b] Tell me the company you bought their shares [b] and i will tell you how you can claim your dividends.

abeg222:
Do stockbrokers keep shares certificate?
I went to a sharebroker for the recovery of my bonus and dividends fortnight ago. They requested that I must have an account with them of which was opened for me and I was asked to pay a paltry into their account and bring the bank teller for them. I did as told and I signed some few papers and they collected the share certificate from me ,they said they would contact the registrar and everything will be recovered and that I will be contacted if the need arises. Actually,my intention was to sell the shares but I was discouraged not to sell it when I got to their office because I have very little knowledge about it. [/b] I bought the shares in skye bank [b] in 2008....my apprehension now is ,is the certificate safe with them or should I go there and request for an extra copy of it? I'm confused.

locodemy:
I guess you only submitted certificates to your broker and asked them to verify it for you so yo can sell abi?
First,they will open what is called cscs account which your shares in the certificate will be transfered to.You can ask your broker to sell the shares from that account.You can be trading with the same account(buying&selling)

Pls dont go there to ask for the certificate again because your shares will be credited to your account for you to sell.
what you should go there to do is to ask them if your shares are credited and ready for sell.Do you understand now?

For dividend,it is not necessary that your broker will process it for you.you can equally do it yourself.Tell me the company you bought their shares and i will tell you how you can claim your dividends.

Tritri:
locodemy: My guy wey buy transcorp at 80kobo don loose 2kobo today........i dey wait to buy mine at 66kobo.


Tritri: you better dont touch dat transcorp until it get to 0.60 kobo... like it did 2month ago or so.


Same here..I warned Him.


Na so them warn me against FO...@locodemy HOPE u did not follow them buy transcorp at 80kobo?

mercylicious234:
Fo will still present another opportunity for ppl.

The economy is in deep recession and as such, I don't even expect good results from coys in NSE. Bt I won't fail to jijo when I see opportunities.

abeg222:
so comprehensive! Thank you. Honestly, I don't even know the company I bought the shares from. in 2008 I only went to skye bank to make a deposit and someone persuaded me to buy it and I bought it N14000.And they sent me a certificate afterwards.It was some couple of days ago I stumbled on it and I felt that the dividend may have yielded to something big so I took it to a broker. I actually wanted to sell it but I was dissuaded from doing so they said all my dividends and bonus will be transfered into my bank account and that I should get a system and start buying and selling via the account they opened for me.

locodemy:
Tell me the name of the company written in that certificate you gave to your broker.pls i am waiting.........
Your broker told you to get a system and start buying and selling,do they have online platform for trading?

abeg222:
skyebank plc. I got a mail from broker earlier that the certificate has been dematerialized and my cscs account credited and that I can now perform transactions on it. They have online trading portal. Sorry to have kept you waiting

Tritri:

abeg222:
skyebank plc. I got a mail from broker earlier that the certificate has been dematerialized and my cscs account credited and that I can now perform transactions on it. They have online trading portal. Sorry to have kept you waiting

currentprice:
hope you know your ex-dividend current investment value now is N500 (five hundred naira)

abeg222:
skyebank plc. I got a mail from broker earlier that the certificate has been dematerialized and my cscs account credited and that I can now perform transactions on it. They have online trading portal. Sorry to have kept you waiting

Tritri:

locodemy:
FO faithfuls go begin make mouth as they are among the 125 bidders for NNPC fuel contract.Who knows the winners?

ogoo4real:
Bidding for the contract is one +ve move and winning it is another one.