₦airaland Forum

Lazyyouth4u:
Yes they can. But they will make big time losses on this bond as it will be sold at a discount when rates go up.

It depends on many factors....the bonds maybe selling at premium price then...the economic variables in this Emefiele time.....na case studies even in Harvard Business School self...

Investors that bought long term FGN Bonds are in good profits now despite getting good coupon yields at discount prices

emmanuelewumi:
Please show me the way oo. Your top four picks

You know my way Sir....

Zenith below N20...

UBA below N7....

UPDC-REIT below N4...

Vitafoam below N7....

Patiently waiting for bears...

Lazyyouth4u:
True. It’s actually not too bad and BUA is a strong corporate. But if you lock that money and Emefiele change mind and go hike rates next year. It will be bad o

On a serious note, it’s not too bad. For people with 10m they won’t need for 7 years. That rules out most retail investors.

The bond will be listed in NSE for trading.

Investors may sell the bonds in the floor of the NSE and recoup their funds to better yield investments then....

emmanuelewumi:
Are you buying

No Sir.....is for those that are still doing NTB at ridiculous rates.

I have better alternatives in equities

megastarkels:
10 millie!
No need make I focus on my savings�

Some investment house may combine funds to secure the bond, then allocate your coupons accordingly.

Ask you investment house or stockbroker before taking final decision Sir.

dikru2002:
Good day my people. I got my refusal letter today through mail. I need your advice . Though the Eco didn't consider other income which was categorically stated in my application. Attached to this is my refusal letter

You spent more funds than you declared.

Repackage your expenses to align your objectives in next application

Lazyyouth4u:
Wow 7% for a 7 year corporate bond?

Better than NTB for now....

megastarkels:
Thanks for sharing! How can a newbie invest! I don't understand this type of Investments too well.

Ask your investment house or stockbroker...they will guide you on how to secure the BUA PLC bond investment

Minimum amount to invest here is N10 million.....

BUA CEMENT BOND FOR 7-7.5% YIELD

For those that want it....act before the deadline

Eku treasury bills section oooo

To God be the Glory

cucumbar:
E be like say fight wan start inside this place.

Nengisbestie:
We took the tax cert to the TLS office because they uploaded our documents for us. But the guy said no need.

You really spent money oo

I think your husband can do the self service for everyone in your family to save cost....

adeniyy01:
Visa Visa Alert:

Application submitted 25th Nov. 2020
Biometric 1st Dec 2020
Decision mail 10th of Dec.
Collection mail 15th of Dec. 2020 at 1:30pm

I ran from where I was repairing my phone to TLS

I opened the envelope to first read the accomplished paper which was talking abt the arrival stuff before i joyously opened my passport to shout Hallelujah.

God is so good. I can now eat good food nd sleep like a baby.

Thanks to everyone here

I had 6 refusals in the 3 Germany, 1 Portugal, 1 US nd 1 UK are all visiting Visas..

TB test issue in July and I asked to wait for 9 weeks for Sputum test result. I deferred to January bcus TB certificate which I got late September..
I didn't allow challenges to stop me..

God finally crowned my efforts with visa. I bless God

Congratulations

U don suffer oo

ojesymsym:
Is this present Seplat price not a good price?

Seplat 52 weeks low N282
52 weeks high N657

igbizen:
How much is the stock at the moment?

Airtel N640

Seplat N402

Lazyyouth4u:
Alhaji needs liquidity. If he wants to quickly buy another PJ or another house in Banana, he can easily sell a few shares. If he wasn’t listed, he would struggle to find a quick buyer at a fair valuation.

Very funny

Lazyyouth4u:
I think this has to do with Edo State’s credit rating of BBB- by Agusto. To raise funds from the domestic PFAs, bonds must have a minimum rating of BBB. Since Edo state doesn’t, the SPV will issue the bond and then on-lend to Edo State, who will in turn issue an irrevocable guarantee backed by the ISPO to the SPV for this loan.

No matter what happens to Edo state, the FGN will be deducting the amount due to SPV’s bond investors from Edo State’s allocation and paying into the sinking fund held by the SPV’s trustees. The PFAs can invest in the SPV as it is rated BBB by Agusto.

Fantastic

DexterousOne:
I'd be glad with 0.5%
Not even 10%
That a longshot
At least in the interim.....
While looking at the Half year statements of accessbank
I looked at brother Wigwe's number of direct and indirect holdings
Then multiplied it later on sha with the NO.25 declared as interim dividend
I almost saw double lol....

But one cannot hate on them, they have paid their dues...
Its left for us coming up to pay ours

Exactly

Consistency is what is required

Check Dangote Cement Plc....his dividend in June 2020 was huge...these guys are making good money in our economy

emmanuelewumi:
Airtel is currently overpriced, not worth it until the current madness is over.

I de wait for better grandpapa bear to hit NSE to buy afolabi units of seplat and AirtelAfrica

DexterousOne:

That's heart breaking in a way sha

Still ok compared to other naira stocks not based in dollar dividend payments .....as dollar is appreciating, your dividend is appreciating too


Wish to own Seplat and AirtelAfrica stocks one day.....

DexterousOne:
I concur absolutely
That further motivates us to even make more sacrifice and squeeze myself further, to further purchase more, and more, and more
To recieve more and more dividends

One day, you will start getting 10% of Tony and Jim Ovia dividend alerts

DexterousOne:
Na wa o
Why N385 though?
Anyways, it's well......

Official rate.....not Aboki fix rate

DexterousOne:
Very sweet
There's that "high" one gets when dividend money enters account

One moniker said dividend alert is sweeter than his salary alert

emmanuelewumi:
That type of alert dey sweet gan

I was confused initially....

I cooled down to calculate the 10years dividends and bonuses.....the registrar paid exactly what was due to me.....

Information is powerful

Lazyyouth4u:
Ah okay. I wasn’t sure if it was possible for them to do it from outside Naija...

Very possible....

You just need
-your share certificates number
-confirm with the registrar the adress you used in buying the share
-specimen signature
-documentation with your stockbroker where the share certificate will be dematerilized which include your cscs number, CHN

Within 2 weeks, the number of units and bonuses will be credited into your stockbroking account and you can start trading it if you want to eventure sell the shares self.

All the dividends will be paid into your e-dividend mandate account and continously whenever the company declares dividend

emmanuelewumi:
If you have money to pursue it and you deal with professionals

His Lawyer did it....very simple if you have all the documents required..

emmanuelewumi:
You will get your letter of administration within 12 to 24 months.

Always good to get professional advise who can help one with Wealth management, Estate Planning, Wills and Trust Services etc this will eliminate challenges people have with their assets and Investments when they die and will allow smooth transfer to their beneficiaries

A colleague got his late father's Letter of Administration within 6months......

Lazyyouth4u:
Many travelled with their paper share certificates. And they must dematerialize their paper shares before they can start receiving their dividends online. I don’t think you can dematerialize your shares online.

Have you ever tried to obtain a Letter of Administration? There is no way that can be done online sir. It is not an easy process especially if there is a lot of assets and family members involved. It’s not the kind of thing that is done online. Anyone that claims he’s an online probate services provider that processes Letters of Administration is most likely a yahoo boy waiting to defraud innocent people that have lost their loved ones.

I did my Zenith bank Shares Certificate Dematerilization online with Veritas Registrar....quite easy with your stockbroke....this was about 2010.....all processes were done within 3weeks and my dividends of 10years paid in one day.

It's just being guided by the registrar and the stockbroker.....

Eghuan01:
Please is there any hope for ETI before the year runs out? It seems like the Q3 result will send it really low.

No hope in sight

Lazyyouth4u:
Sir, a huge chunk of the unclaimed dividends also belong to those people who have left the country and haven’t had time to come back home to sort the issues. Those that come back end up leaving because they have very little time and couldn’t be bothered to be running around for unclaimed shares and dividends and the wahala of dealing with registrars and stockbrokers.

Then we have those of dead people that died without a will that their children are aware of the shares but couldn’t be bothered to go through the big time wahala involved in getting a Letter of Administration to claim the dividends. A lot of people just give up.

Very true

DexterousOne:
That's because there is a clear distinction between EARNED and UNEARNED income

UNEARNES INCOME dey sweet to collect
I remember when I recieved my first dividend years ago
It felt very good lol

Talk less of just passively investing 10% of that N500m on selected stocks and maybe other instrument
In 6 years the passive income/cash flow will be something to cheer you up

No matter how much you make
Please please and please
NEVER DOWNPLAY COMPOUND INTEREST and UNEARNED INCOME

Very Apt

bigjay01:
Been here since 2013 @ 3.60 levels. One of my long term holdings.

Respect Sir....

Following your footsteps

Remembered your Dangflour analysis before Alhaji bought it from Tiger brand, later sold it at N24