₦airaland Forum

to be fair, the middle east crisis also had some impact as stated in the report. apart from emirates, qatar air, all flights operating from nig to those places also got affected.

Princkez:
I think it was held last Friday

it is today.

Care4:
For now, operate them separately. If you find a convenient point to migrate, sell the ones on your old name, and re-enter on the new one CHN.

.....or a cross deal

good morning house.
please, what is average period for transferring one's stocks from one stockbroking house to another?

SonofElElyonRet:
Wasted my data to open this

sorry sir. it was not meant for you in the first place. was for the oga who talked about people getting wind of the bonus declaration.
peace.

KarlTom:
Some people possibly got wind of the bonus declaration.
Anyway I hope the qualification date for the bonus would not be in arrears...

https://doclib.ngxgroup.com/Financial_NewsDocs/39415_UNITED_CAPITAL_PLC-RESOLUTIONS_PASSED_AT_EXTRAORDINARY_GENERAL_MEETING_CORPORATE_ACTIONS_SEPTEMBER_2023.pdf
see expo released since last year

thank you.

Itsrm:
Locked in

good day all.
if i subscribe to a 10 year bond at a 26% rate for example, is the rate locked in for the 10 years or does it fluctuate with current CBN rates?
Thank you.

Elsueno:
I am aware of that, what I am asking is wether the dividend goes directly to my bank account like I-invest app or directly to the trading account on apps like chaka etc. I do not want to be filling up forms annually everytime dividends payment are due

dividends are paid directly into your bank account.

why don't you just do a share transfer between accounts?

emmaodet:
Hello bro.
Please what books can I read or courses to attend to brush me up on stock trading? Just need your guidance.
Is reading a company's financial statement enough as a guide to pick a stock?
What do you think about mutual funds? I am also looking towards acquiring some with Stanbic IBTC with average return of 40% per annum.
After registering with cscs and a broker, do I just read financial statements and then buy a stock or there are graphs to look at like forex before trading?
Do we have a TA and fundamental analysis platform for guidance before picking a trade on Nigeria stock exchange?

where did that 40%PA come from?

OBAGADAFFI:
Cscs online account is just for checking, noting more.
You can request CSCS statement from your broker anytime.

you are right to an extent. what if your broker is selling your stocks without your consent? don't you think he can give you a statement of his choice? give me a cscs statement and i will edit it within 5 minutes for you.
do you know how big BGL was and what led to their downfall?
i know just a few brokers mess up, but just keep your side safe. it is just 3K per year.
let cscs act as a check against your brokers.

emmanuelewumi:
Ask for your Clearing House Number and open a CSCS online account for the monitoring of your investments

i think any serious investor should have a cscs online account. brokers can cook anything and send to you as proof of transaction. cscs will give you a true reflection of things.

sentoms:
You can get the details on SEC, the link is

https://sec.gov.ng/weekly-net-asset-value-data-for-cis/

thank you sir

please who can help with the NGX/SEC link for investment companies that sell investment packages/mutual funds and their YTD % returns.
Thanks.

gamaliel9:
This is an overkill . That first email is enough. I used it when ECOBANK seized my funds due to crypto issues and it was refunded within 24hrs.

you are underestimating how callous these banks can be.
no show for you if you don't go to the extreme

aj8:
1. First Bank N53.7bill
2. UBA. N41.7bill
3. Access N30.1bill
4. Zenith Bank N24.95bill
5. FCMB. N12.5bill
6. GTCO. (-N4.bill)

All as at 1st January 2023.

Should influence income statement in H1and[b] if the ratio of First Bank is anything to go by i.e N53.667 to N210.16 bill = x3.916 [/b], the maths could be interesting. Let’s see how the maths plays out with Zenith Bank H1 first.

How do you reconcile figure of almost X4 when naira only did approx X2?

emmasoft:
You will need to open another cscs account since your current stockbroking firm is no longer active.

i used my same CSCS account number from a defunct broker to open with Morgan.
so, is it an investment one policy only?

ojeysky:
Is it the same ELLAHLAKES that closed at full bid yday that is almost 4naira... How is that one penny stocks

anything less than N5 is a penny stock.

One simple investment quote

The time to buy is when there's blood in the streets.

The cheaper you can buy a stock, the higher your margin of safety.

“There will be bear markets about twice every 10 years and recessions twice every 10-12 years but nobody has been able to predict them reliably. So the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling.” - John Templeton

locodemy:
I hope it's not my monkey hunt that is still pushing chams?

I can see it's on full bid again today.

Market will continue to confuse the FA gurus the more.

Oga loco, what happened last week is in the past.
This is a brand new week. Let's move on.
Biko.

emmanuelewumi:
The beauty of some of these credit facilities for investment purposes is their flexibility.

Assuming you have an Asset Backed loan of N1 million at 20%, they usually give for 6 months with the option to rollover as long as possible.

The interest for 6 months will be 100k, after paying the interest the investor can rollover, if the investor paid the interest and another 200k out of the principal. The principal sum will be 800k and the interest payable in the next 6 months will be 80k.


Salary earners can opt for the monthly payment option.


I usually do the quarterly and half year payments

well done,sir.
do you know if morgan gives out such loans? can you kindly list brokers you know that does so?

veecovee:
I knew that UNITYBNK must appreciate, but I never expected 10-10% daily like this for more than a week.

Pls is anyone with any info or hearsay, maybe about recapitalization, merger, acquisition or new investor ...

God bless you

Could be pump and dump.

Foundationchamp:
Hello everyone,
I am new here.
I have few questions

My Dangote flour mills shares payment has not been made by the registrar. Crescent registrars keeps saying it's until SEC approves it. This has been going on since early last year. What can I do about it

My second question is I have IBTC share i bought during their IPO, I want to sell it but my broker UNEX capital says it not with them since I bought it myself. I collect dividend for it directly in my account. The question is how can I sell the shares I didn't buy through a broker.

Thanks

i assume you bought your shares on the floor. what does SEC need to approve if that is the case?

Olaide1295:
Ok. I just used Emmasofts referral code to open an investment one account.
I guess the registration takes some time as I have not gotten an account opening mail.
Time to ditch meristem (they have not paid me my last Zenith bank dividend sef)

It is not the responsibility of your broker to pay your dividends.

seemples:
@yMcy56,
I reiterate, i LOVE the so called COMMENTARY you do!

Please Never stop oo, Ever!!!

You give too much charity. Thank you again and again oo.
Daalu rinne nwanyi oma

Seconded oh.

ositadima1:
Everyone is talking about a global financial crisis. My question is, since it is global, will it start in Nigeria ni? Won't it first manifest in foreign markets before we feel the effects here?

That is how one particular individual is always posting about a generational low. Will this low start with the Nigerian markets ni? I am confused o.

Who is afraid of generational low?
Let it come.
It is even the best time to hammer on the floor.

Olaide1295:
I second this.
My UCAP and zenith dividends for the last 2 years. I have not received them.

I chased Meristem, they sent some AfriPrud forms to fill. Its been about 3 months now of back-forth email.
I stopped buying more shares in my Meristem since last year. I will just hold those ones I have there.

why not contact the registrars directly?
fill the forms yourself, get it stamped by your bankers and scan it to their CC email address.
it has worked for me many times.

Opsylo:
Please house, I don't understand what's going on with Morgan capital,I wanted to sell one my shares in my portfolio and I couldn't find it in my portfolio,I Ve send mail, make call ,but no response from them since last week,I don't know if any body in the house had experience this before.

i always advise all investors to never rely solely on their broker in order to know their stocks position. the shares depository center is the CSCS and for 3K annually, you will get to know the true position of your stocks at any point in time. use it as a check against your broker. your broker can sell your stocks and still indicate the complete opposite on your account.

yMcy56:
Lol. Shebi you don help me correct am. Thank you.

That Access just dey vex me this morning ni.
Imagine GT/ZEE already appreciated well well after markdown, instead of going up, e come dey go down early today.......and person like me no be value investor wey go stay one place for long like that.

Abeg make Una no mind me o. This is personal.
ACCESS remains a solid stock to align with.

Let the brakes remain oh.
We are still accumulating.

PETERiCHY:
Why LEAK the age long secret

full time monkey hunter mode activated prior to exit.

Mfunkynation:
please who knows someone at datamax registrar that I can call.
I have call all the customer care numbers but none is been answered.
Sent mails but none has been reply.
I need my dividends!
please please please please!

have you sent an email?