₦airaland Forum

leo1234:
So the 1 naira dividend has landed.

Inside life...

http://www.nse.com.ng/Financial_NewsDocs/29221_LAW_UNION_AND_ROCK_INS._PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

Hope this is not AUDIO like Japaul shaa

fabulous925:
Great one

can you get a Nissan sunny or Toyota corolla 1995
Tokunbo for me?

tobymor:
Pls gurus in the house. Can you help me torch light ETI.

Ìs it a good buy at the current price?

A very wicked company that did reverse stock split 2 times in a decade from 2008 to 2018 yet could not pay dividends till now! Destroyed shareholders funds!

Only enter for trading but I will advise you to SAY AWAY FROM ETI
heartless board of directors

Those rushing or holding UACN for unbundling..

NOTE:
last div was 64k ; so fve N6.40k
UPDC current price 90k
UPDC REIT last quarter unaudited result puts div at 36k ; so fve N3.60k
(fve based on 10% div payout)

Therefore UACN fve currently at 6.40 + 0.90 + 3.60 = N10.90k
(based on pro-rata unbundling of 1 UACN for 1 UPDC for 1 UPDC
REIT)

Edit..
Therefore UACN fve currently at 6.40 + 0.90 + 0.30 = N7.60k
(based on pro-rata unbundling of 1 UACN for 12 UPDC for 1 UPDC REIT)


Dd adviced.. Am a stock novice O!

Edited.. With reference to the previously updated info on details of unbundling, which stated that 1 UPDC REIT will be given for 12 UPDC units.

Wanity:
What can a newbie like me gain here with zero experience on stock

follow these two people :
Emmanuelewumi and onegentleguy

Go back and read their last 100 posts.

You will notice a pattern.

Remember to Google is your library friend

aremso:
no dividend after mark down and the qualification date would be announced for dividend payment so after marking down for dividend payment nothing of such again but those bought before the qualification date and did not sell bfore mark down will qualify for dividend payment

so why would you want to buy after mark down and miss dividends?
I s it purely for jijo?

aremso:
buy Jim and Tony that will soon cast immideately after marking down with corona virus issues going on in the world？ Just my thought though you own your money but as for me, i will buy after marking down. Its just finacial result that is holding NSE if not Jim should be selling for N16 by now and Tony N6

will you get dividends if you buy after mark down?

How do I know when Mark down will happen?

Akin3891:
You are a good spender, 530k gone from my capitals withing 47 days space. So annoying.

lol... I saw 4.6% at the secondary market today... FBNH

I just walked away

I will spend the 10% from my capital than to give it to CBN/DMO.. and I will still be fine by next year...
CBN go figure.

Viqtour:
I successfully did 358 days at 4.2% two weeks ago with First Bank.

I even gave officer my number to call me once any one is available.. 2 weeks now.. Nothing

Grupo:
I think the problem is from the banks. My bid with gtb on Thursday was not also successful.

I was at the bank yesterday to inquire why, they said that only their 365 bid was successful. I asked for secondary market, but it was already past 3 by then. So, gtb still does secondary market as they made me believe.

we shall find away...

MBA is not an option.

Monday I will move everything to my brokerage account and buy Jim and Tony
at least 10% is sure in 6 months

Grupo:
This is not true and you know it.

then why have my bids failed 6 weeks now?

No secondary offers since then.
All at first bank

Why??

President and emefiele and dmo have done well.

Let's continue to flex the capital..
I have lost 100k in just 6 weeks!!

Tsghvfjgdfgfd

emmanuelewumi:
I use 4 stock broking houses.

1. FSDH Securities

2. Investment One Stockbrokers

3. United Capital Securities

4. Union Capital Market.

With a minimum of N50,000 you can open an account with Investment One, United Capital and Union Capital Market. Except FSDH Securities which requires a minimum of N5 million.

Dangote cement is currently selling at N140, paid a dividend of N16 last year. If the company pays the same dividend of N16 by April 2020 this will give you a dividend yield of about 11%

We have an infrastructural deficits in the country, government is currently using cements for road constructions, bridges, houses.
Some of the management staff of Dangote cement have increased their shareholdings between last year and now. This shows that they are confident about the growth of the business.


MTN at N105 and below is also okay, you are sure of a minimum dividend of N11. They have also given license to operate a form of banking business for unbanked Nigerians

the value in your words is most appropriated in retrospect.

But that was a mistake.

Time to read and follow your words on time from now on.



Thank you

The power of information eh!!!!
Access to information supercedes the power in my opinion.
This forum is.... Una well done!!

Chibuking81:
Print out the copy of e-dividend, fill the form take it to any branch of the bank that you filled to stamp it, scan the filled form or snap it with sharp phone camera, send it through your email to First Registrars, or any other registrar you still wish to activate e-dividend, you will get email acknowledgment without waste of time. You can also inquire with time whether they have activated it or not through email conversation.

With new rule of overriding the bank confirmation of signature, I think bank stamp will no longer be necessary, meaning you can still print the form, fill, scan and send it as an attach file to any registrar in charge using their email.

NB
remember, you can fill any bank of your choice, that you want to use in receiving your e-dividend, like you can use UBA, Zenith, e.t.c to receive that of first registrar, it must not be first bank.

thank you very much for the information!

I hope soon NSE will remove this requirement completely!

I do not need to apply to every registrar, before I can receive dividends to bank naa..

CSS account should hold all my bank details so once I buy a stock, the registrar gets the bank details to pay dividend into at once.

Naija this .. Always slow to modernization

This Is one of the main reasons I left this NSE!

Last year Veritas didn't pay me for Jim! I didn't know I had to do their own registration separately!

Dangcem, no pay me, I went and did EDC Registrars thinking it covers all dang companies.. Lol..

Now I will do first registrar and stick to those stocks under them.

Please, can I do e-dividend registration for FIRST REGISTRARS at any first bank branch?

I am not ready to start sending paper to Lagos and back...

Thank you.

ukay2:
For MorganCapital, send email to them requesting to buy UPDC-REITshares at a specific price and volume, it will be executed.

I think you can trade yourself with FSDH stockbroker when buying UPDC-REIT

Hope that helps?

aha.. I see PA emmanuelewumi has answered same before... Thank you!

konklushun:

emmanuelewumi:
You have to send a mail to your stock broker

konklushun:
Please how do I go about buying shares of UPDC REIT

can someone help answer this question please?

PA emmanuelewumi be like say him go honey weekend.. Lol...

odimbannamdi:
Seen. Thanks.

But do u think i should post it here so that we can all brainstorm and dissect it?

Meanwhile, kindly help edit your quote so that my phone number will be taken off.

Thanks

she said in her first post that whoever gets it should help her post it here.

So kindly do so.
Thank you

TotoNaRubber:
Could you advise how someone could get reliable drivers, it is very difficult to get trusted drivers to take charge of these vehicles, I have these buses in stock and want to put them on the road but how to go about it seems a challenge, i buy them directly so the costs is good, I heard good drivers account for up to N50k per week.

I have 11 pieces currently and another 14 very shortly.

do what Dangote did:
Employ graduates only.

So go through a standard employment process just like company employing company drivers.

That process removes touts, and gives you people you can hold their degrees and give rules and they will follow.

Once on both exams

Lol!

cucumbar:
Seems rates are increasing again: Stop rates for today:
91days...3.5%
182 days....4.5%
364 days....6.5%

YAY!!!!
I guess predictions of better days are fruitful already!
I hope first bank pays this rate today O!

incogni2o:
collinsobinna
zamirikpo

PLS DOES THIS MAKE SENSE

Let's say my salary is 280K, GTBank says I can be loaned slightly higher than times 3 of my salary,

280 X 3 = 840

Let's say slightly higher than that is 1million

Interest will pay back 1.3% per month which is 13,000 per month.

If I pay back in 6 months, that's 13,000 X 6 = 78,000.

The reason is because I want to lock down my salary so that I don't spend it.

SO I WANT TO INVEST THE ONE MILLION INTO TREASURY BILL SO AS TO SAVE IT.

Please does it make sense?

Sorry if not clear enough.

Sir, you want to borrow at 16% per annum (1.3% x 12)
And "invest" it at 5%?

You will lose 110,000N at the end of the year if you do that.

collinsobinna:
Funny enough this has come up before here and someone said something to distract everyone from investing there and no one bothered to follow up. Think that guy was trying to protect his own interests .....cos definitely there will be a serious fund movement if it becomes widespread knowledge and the rates will still tank like in Nigeria.
Cmon guys you should know where I’m talking about lol.
I’m Quite happy.

when you said "local office",
You mean we have to travel to the country, right?

collinsobinna:
Closed mind Offers no solution.
First time you heard of treasury bill. That was information at work. Proving valuable.
Same situation. What bank to invest your treasury bill and get a good rate.
Same bank you are already using. But had no idea what to request for?
Lol. Your choice

sent you a PM. Thank you

rotile247:
N8540 for 91days @5%

According to the latest auction, you will get about 2.95% on 91 days Tbills NOT 5%
https://www.cbn.gov.ng/rates/govtsecurities.asp

I just decided to stick to treasury bills.
It fits my purpose despite the rate at the moment.

I need Zero Access to my funds.
Plus I like the upfront payment.


Enough distractions already. (am wasting my time looking for new investments, the difference ain't worth all the stress and distraction)

Thank you PA Emmanuelewumi and others for all your help.

sellers4buyers:
No, but I do come to SW when there is need.

don't you think that writing the kind of amount required and the location will put this in better perspective for potential partners?

How much to load one truck?
And where is the location?

fineguy11:
500k gives you 42,500 for a year @8.5%...when you less WHT I.e 10% of interest earned 4250.Net interest earned is 38,250.

OK thank you Sir..
I couldn't make it to the office by 4 today.
I guess I will use lunchtime tomorrow.

emmanuelewumi:
What is the rate being offered? What is the duration of your deposit? LAPO is among the biggest microfinance banks in Nigeria

Do your due diligence

8.50% for 500k as shown below for 365 days

Bbb+ rating, summary: outlook stable as at September 2019

Am looking at their annual reports too..


But do you think bond fund will give a better return?
Thank you

fineguy11:
We close by 4pm.You can only access interest + capital at maturity..But if you insist on accessing your funds before maturity, you lose 10% of accrued interest on your investment as at the time of withdrawal.

OK great, at the bold part.

Please What rate will I expect for 500k?


Thank you


Cc: Emmanuelewumi... Sir please what do you think about depositing in this bank? Thank you for your help.

fineguy11:
7% per annum..Yes it can be done nationwide.

what time does their office close daily?
In order words, can I go there by 4 pm or later?


What about upfront interest, is that possible on 500k?

Would like vist but don't know if I can go after work or Saturday...
Thank you