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Nairaland Forum / Nairaland / General / Investment / How To Calculate Shares (30226 Views)
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How To Calculate Shares by mohmm: 6:37pm On Aug 23, 2014 |
Pls I need an explanation on how to calculate shares...I have a first bank shares of 1000 units and I bought it at the rate of 50k and first bank shares is 14-15naira now.before I sell it I want to know how much it worth thanks in advance.. 1 Like |
Re: How To Calculate Shares by Joysmart(f): 8:36pm On Aug 23, 2014 |
by 50k do you mean 50 kobo? what year did you buy it. 1 Like 2 Shares |
Re: How To Calculate Shares by mohmm: 9:53pm On Aug 23, 2014 |
Joysmart: by 50k do you mean 50 kobo? what year did you buy it. Yes 50 kobo and I bought it 2007 |
Re: How To Calculate Shares by Joysmart(f): 10:19pm On Aug 23, 2014 |
obviously you're a joker cos first bank shares was never sold at 50k per share in 2007. As a matter of fact the share price was around 40 naira and rhey did a public offer at 33 naira that same year. 1 Like |
Re: How To Calculate Shares by mohmm: 10:49pm On Aug 23, 2014 |
Joysmart: obviously you're a joker cos first bank shares was never sold at 50k per share in 2007. As a matter of fact the share price was around 40 naira and rhey did a public offer at 33 naira that same year. Sup dear that is what I have with me Pls just help me with how to mutiply the share price with the number of unit thanks in advance 1 Like 1 Share |
Re: How To Calculate Shares by ernie4life(m): 11:50pm On Aug 23, 2014 |
mohmm: 14 multiplied by 1000 equals to 14000. 1 Like |
Re: How To Calculate Shares by Joysmart(f): 9:34am On Aug 24, 2014 |
well if you really bought 1000 units in 2007 I assume from their public offer, then you should have about 1640 units now. just multiply 1640 by the current price 14.61 you have 23, 960 and if you've been claiming your dividend you would have collected about N8000 since then. 1 Like 1 Share |
Re: How To Calculate Shares by Kentnickole(m): 12:30pm On Aug 24, 2014 |
@op, is that u bought ur shares at 50kobo per unit or 50kobo for all the units? |
Re: How To Calculate Shares by Kentnickole(m): 12:32pm On Aug 24, 2014 |
Joysmart: well if you really bought 1000 units in 2007 I assume from their public offer, then you should have about 1640 units now. just multiply 1640 by the current price 14.61 you have 23, 960 How did u get 640 extra? 1 Like |
Re: How To Calculate Shares by Joysmart(f): 1:15pm On Aug 24, 2014 |
Kentnickole:in 2008 they declared bonus of 1:4, in 2009 they declared bonus 1:6 and in 2010 they declared bonus shares of 1:8. do the maths |
Re: How To Calculate Shares by Kentnickole(m): 1:33pm On Aug 24, 2014 |
Joysmart: in 2008 they declared bonus of 1:4, in 2009 they declared bonus 1:6 and in 2010 they declared bonus shares of 1:8. do the maths Just teach me please 1 Like |
Re: How To Calculate Shares by mohmm: 1:47pm On Aug 24, 2014 |
Kentnickole: @op, is that u bought ur shares at 50kobo per unit or 50kobo for all the units? Yes it was offered for 50kobo per shares then and I bought 600 units at 19800 and now first bank share is 14 naira+ |
Re: How To Calculate Shares by Kentnickole(m): 3:03pm On Aug 24, 2014 |
mohmm: If it is 50kobo per share then subtract: (50/100)*1000 = N500 From the shares recent market value. I think the figure u get is ur accumulated returns over the years. |
Re: How To Calculate Shares by mohmm: 3:45pm On Aug 24, 2014 |
Kentnickole: Thanks very much tho but this ur maths ehn cos as at wen I bought it was 19800 at 50kobo for 600 units now that is 14 naira I feel it shld be more.but thanks anyway |
Re: How To Calculate Shares by Kentnickole(m): 3:56pm On Aug 24, 2014 |
mohmm: Bro am really trying to understand ur figures. Is it 19800 naira or units. Pls clarify me so I can do the calc properly. Thanks. |
Re: How To Calculate Shares by mohmm: 4:44pm On Aug 24, 2014 |
Kentnickole: The 19800 naira was the money paid for that 600 units wen the calculation was done at 50kobo |
Re: How To Calculate Shares by Kentnickole(m): 5:07pm On Aug 24, 2014 |
mohmm: Okay 1 Like |
Re: How To Calculate Shares by Joysmart(f): 9:18pm On Aug 24, 2014 |
mohmm:My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units. 2 Likes |
Re: How To Calculate Shares by Joysmart(f): 9:21pm On Aug 24, 2014 |
Kentnickole:My brother where in the world did you get this formula lol and to think the poor op is even thanking you 1 Like |
Re: How To Calculate Shares by Joysmart(f): 9:23pm On Aug 24, 2014 |
@op do you have a cscs account? |
Re: How To Calculate Shares by mohmm: 10:54pm On Aug 24, 2014 |
Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units. |
Re: How To Calculate Shares by mohmm: 10:58pm On Aug 24, 2014 |
Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units. |
Re: How To Calculate Shares by Kentnickole(m): 11:21pm On Aug 24, 2014 |
Joysmart: My brother where in the world did you get this formula lol and to think the poor op is even thanking you My sister I humble o. Kindly teach us if u knw it na... |
Re: How To Calculate Shares by mohmm: 11:26pm On Aug 24, 2014 |
Joysmart: My dear you didn't buy the shares at 50 kobo if you divide 19800 by 600 you'll get N33. it simply means that you bought 600 ordinary shares of 50k each at 33 naira per share. meanwhile why are you contradicting yourself I thought you said you bought 1000 units. Well I tried uploading the certificate so u could see for urself mind u Mrs joysmart they gave me bonus aswell
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Re: How To Calculate Shares by Joysmart(f): 11:33am On Aug 25, 2014 |
50 kobo is the nominal value of every stock on the Nigerian stock exchange. The true price when you bought it was 33 naira that's 19800 divided by 600 |
Re: How To Calculate Shares by Kentnickole(m): 12:06pm On Aug 25, 2014 |
Joysmart: 50 kobo is the nominal value of every stock on the Nigerian stock exchange. The true price when you bought it was 33 naira that's 19800 divided by 600 Ohh! He meant he spent N16800 to buy 600 units of 50kobo each at N33 per share? |
Re: How To Calculate Shares by sammy455(m): 7:57am On Feb 12, 2015 |
Please, i need help on to calculate shares dividen.....durin d Dangote suger share in 2007/2008..i bought 1000 units.....ordinary shares of 50kobo...@38.90 per share, i don't knw how to calculate d dividend, plss help |
Re: How To Calculate Shares by Kentnickole(m): 8:38am On Feb 12, 2015 |
sammy455: Check how much that same ordinary share is sold today so we can take the calculation frm there. Joysmart! ![]() |
Re: How To Calculate Shares by sammy455(m): 8:56am On Feb 12, 2015 |
Please, i don't knw were to check it....can assist me on that ? |
Re: How To Calculate Shares by sammy455(m): 8:57am On Feb 12, 2015 |
Please i don't know were to chect it, can u assist me on that ? |
Re: How To Calculate Shares by Kentnickole(m): 10:10am On Feb 12, 2015 |
sammy455: Lets go! Recently, as in today (12/02/15), Dangote sugar sell at 7.15. This mean sm % decline frm that of yr 2008. 1000 shares at 38.90» 1000 x 38.90 = 38900 At 50kobo each » 50 x 38900 = 1945000 kobo Convert to Naira, 1945000/100 =N19450 This means that if the amount (ie 38.90) by which u bought the shares back in 2008 remained unchanged, ur dividend wud be N19450. Going by 7.15, 1000 x 7.15 = 7150 7150 x 50 = 357500 kobo; 357500/100 = N3575 This means that ur dividend has been reduced by N3575. ie 19450 - 3575 = 15875 Hence ur current dividend stands at N15875. 1 Like |
Re: How To Calculate Shares by sammy455(m): 12:09pm On Feb 12, 2015 |
Thank u... but, this n19450.....is it for a year? Or since wen i bought d shares till date? |
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