₦airaland Forum

PharmAlfred:
It's supposed to be trading above N5. Not a bad move.
Just keep an eye on the larger economy.

Mcy56:
You will get. First Registrar is up to date....and like Pa Emma and Rebekah said, close of register is a range of dates, enough to get record of all qualified investors.
Pls try and come here to confirm if you receive it once paid. It will help us put some of the arguments here to rest.
They're paying on the 30th I think.

Mcy56:
Welcome back sir Loco.
Concerning buying on qualification date or not, just know that whosoever buys on last day of qualification will qualify for dividend just like Exlaidback said.
I however do not doubt your claim that someone may not get when some registrars are involved.
You should understand that "Change" is something that's difficult for some people to embrace, they are used to their old ways of doing things, they are somehow comfortable with it and very reluctant to embrace new innovations........this is the case with some registrars, some are so backward. So also some brokers.
See the case of Cashcraft, they are big with large customer base. They ought to be among the first set to introduce and embrace digital form of trading but they chose to remain analogue despite the huge risk digital poses to them.....today, they are losing customers.
I mentioned few days ago that I sold my fcmb before markdown simply because I don't want Cardinalstone wahala. They'll still insist that you must submit e-dividend form to their office nearest to you when others are processing scanned copy send to them via mail seemlessly.
In essence, buying on last day of qualification should automatically qualify such buyer for dividend but Registrars names must be put into consideration before doing so......that's my little contribution.
Chai!! Me self don write epistle. Make Una no vex.

locodemy:
You said well.
We have different registrars and their various patterns.
while some are moving forward,some are moving backward.
Investors should always seek the opinion of registrars before buying or selling stocks for dividend purposes.

locodemy:
was 20th qualifying or markdown date?

You can consult them to know if they observe the T+3 rule.
If they do,if monday 20th April was qualifying date,you will not get it 'cos the shares will reflect on the registrars record on the 23rd of April.

This is the reason why many ask questions on why they have not seen their dividend.The registrars need to address this issue so that people will know when to invest for dividends and when not to invest.

OBAGADAFFI:
Brent 19

Justcul:
There is no Audio here, the bank and its group have been on recovery since the new management took office, FBNH is 24% green in my portfolio. Second only to UBA.

Value is found when you buy a stock, I'm not selling anytime soon.. I intend to HOLD and accumulate if the price eventually drop below 4.

FBNH is trying to recover its lost glory in my opinion and the present management is doing far better than the previous.

Not a buy or sell recommendation but I'm happy with recent improvements in FBNH's Fundamentals..

Mcy56:
I read the post before replying you now. It was just an assumption, which could have gone the other way.
Anyway, it changes nothing from my view of Fbnh, bargain hunters will wait at the right junction.

Mcy56:
Hmmm. So why didn't you mention this before close of market?
Thought some people here says coys will roll out poor Q1?
Expecting good Q1 from Zee too. Bargain dreamers should keep on dreaming.

Bomboclad:
http://www.nse.com.ng/Financial_NewsDocs/29707_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_APRIL_2020.pdf

63% increase in PAT from 2019 to 2020. I am impressed!

Mcy56:
Not saying fbnh is not good for pick, but buying today.
Not saying those inside the bus should sell either, they recorded inproved performance so far.
I may be wrong cos the moneybags may show to move the price before end of today's market.
I also have small units and considering selling if they keep dragging the price backward.

Mcy56:
You will get if you buy today but I will advice you dont buy it again. Some people got into the bus at below 4.
Look for other ones and if you must buy, buy after markdown, not saying tomorrow.

PS: This is my personal opinion. Also, Mr. Market has a mind of its own.

DeRuggedProf:
Strange things happen with REGISTRARS, I am not in the mood to confess abeg.....

lancee:
Watching ..results may be very close
26k last yr ..maybe 40k after donation

Mcy56:
Fbnh should do whatever its doing at N4 and move biko.

seyisanya:
Abeg, if you didn't sell at a loss, no need to regret anything. Many opportunities are still available in the market. I remembered when I said I was going to buy WAPCO at sub N9, earlier this year, I received e-stones on my head. Eventually, we joined the bus between 8.66 and 9.00. No one can predict the market. Own your decision and move on!

leo1234:
Congratulations.
Don't feel bad about it. Just move on.

Benjacky48:
Any news on GTB AGM?

safepaulooo:
Humanity is fighting war on two fronts, COVID 19 and hunger. The decision of UBA to postpone AGM because of COVID 19, thereby holding onto highly needed dividend funds is a decision that fights a war on one front rather than the two fronts currently on ground. People need money to survive the impact of health crisis. So this is no time to lock up much needed funds. If people don't get the funds they need, you end up killing them by subjecting them to hunger. GTB bank has implemented a sound measure of organising a controlled AGM where shareholders can attend either by proxy or online hookup and it caters for the double-fronted war. UBA needs to emulate this as a matter of URGENCY. Organize a controlled AGM and pay out dividends immediately otherwise you could have blood on your hands soonest.

Princkez:
http://www.nse.com.ng/Financial_NewsDocs/29481_GUARANTY_TRUST_BANK_PLC._CORPORATE_ACTIONS_MARCH_2020.pdf