Stats: 3,169,730 members, 7,875,834 topics. Date: Saturday, 29 June 2024 at 10:46 PM |
Nairaland Forum / Emmasoft's Profile / Emmasoft's Posts
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drills: Usually, only cash dividend has a specific payment date, bonuses are credited into the cscs accounts of those qualified anytime after SEC approves the bonus. Investors may not know precisely when it will happen. You can always check your cscs once in a while to know when your bonus shares are credited. This is a general rule. However, the time between the closure date and crediting of investors' accounts varies but be sure it will be credited since it has been approved by shareholders at the AGM 2 Likes |
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igbizen: Apart from the broker try and involve the registrar of the stocks and cscs plc. 2 Likes |
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TuneitupE: We can help you do that at investment one. Click the link on my signature to open a cscs/stockbroking account for free. You can also reach me with the number on my signature for further details if needed. |
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Slimdove: The bear will always separate investors that follow stock value and those that follow stock price. Be greedy when others are fearful and be fearful when others are greedy Warren Buffet 2 Likes 1 Share |
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Mpeace: If you don't have TA then buy in tranches keep buying the dip you will not go wrong on any fundamentally sound stock no matter how dip it gets. Don't wait to buy good stocks, buy good stocks and wait! 8 Likes |
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Grupo: Still 4.5% but effective from 1st July 2022 it will be 6% because sdf is now 6% following rate hike at the Last MPC meeting in May. Irrespective of the time of sdf change, it takes effect on VGIF July 1st or January 1st whichever date comes first after sdf change. |
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chukzyfcbb: MMF rate will go up with time. As MPR goes up, Tbill rates for each tenor will be affected positively and that in turn cause MMF rates to rally up. 1 Like |
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collinsobinna: If you are looking for investment with guaranteed capital and interest mmf or VGIF will be good. No WHT on the interest and u can top up anytime with any amount 2 Likes |
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https://doclib.ngxgroup.com/Financial_NewsDocs/36105_FLOUR_MILLS_OF_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMEN.pdf Dividend N2.15 ie 30% higher than last year. 3 Likes 1 Share |
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pizapato: Please note all funds that are equity based or balanced funds don't guarantee capital their performance is largely dependent on the stock market hence they are volatile. The reason you see the returns high right now is because of the resent bull run in the stock market. Start watching from now you will see it reducing because the bear is in the market. Most times I advice clients to buy stocks directly instead of equity or balanced fund because it's same risk involved. Stay with mmf if you want a fully guranteeed Fund or VGIF now under GTCO. 1 Like |
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izuugodwin: Sure it will. Increase interest rate will affect tbills, non equity based mutual funds like MMF, fixed income, bonds and the likes positively. 1 Like |
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2zona: At such a time like this in the market, look out for and buy the value in the stock; don't mind the position because stocks have just two positions in terms of price it's either up or down. |
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machine606: Usually Rates and already existing Bond relate inversely but the yet to be issued bonds will most like have higher rates All mutual funds except equity base/balanced funds will enjoy better rates, particularly MMF since TBills rates will hitch up. Specifically, clients with Ione now GT Fund Managers VGIF will move up to 6% from 4.5% effective July 1st except the nature of the fund is changed with the new managers 1 Like |
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fatboyebele: That has nothing to do with your dividend. If you have a mandate with the registrar your dividend will be paid demat or not 1 Like |
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Wapgod: It's good news for anything that has to do with fixed income instruments - mutual funds (MMF and Fixed income), Tbills even bank fixed deposits or just the usual savings account, savings bond etc. Not very good news for equities but equities depend on other things not just news of rates so even if rates are up and fundamentals of stocks are good and getting better high rate or not equities will still do well. 2 Likes |
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Bukkydudu: GTL Registrars; 274, Murtala Muhammed Way, Yaba, Lagos. Tel; +234 (01) 2917747, +234 (01) 2793160-2 https://www.gtlregistrars.com/ info@gtlregistrars.com |
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machine606: Yes that is a case of cross deal. You and the other person should carry your stockbrokers along it will be done. Note that the stocks to be cross must be in cscs and both of you must have updated your kyc before now. |
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ololufemi: Your references are noted but that doesn't make cross deals illegal or bad. The point I'm trying to make is That a process is abused doesn't make it illegal. For example it's a normal and legitimate process to access funds by way of loans from financial institutions but we can testify how some companies (banks) have been sent under and investors lost their money because of abuse of the process resulting to bad debts etc. In fact cross deals has solved some family issues that could have arise when an investor is deceased. Some investors use the process to allot their shares among their children before death and a cross deal can be used when giving out shares as a gift etc. With right regulation and enforcement cross deals can always serve its purpose. 4 Likes |
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ololufemi: Please understand cross deals are legal and not fraudulent; it's allowed. A cross deal can happen between a debtor and a creditor, two friends, parents and child/children, husband and wife, institutional investors, two stockbroking firms, etc Most of the takeover bids and getting majority holdings of a company are by cross deals. Of course no system is perfect there will always be people trying to play smart. The issue of insider information can't be ruled out in any market. So we just have to keep doing our due diligence and get the right information as much as we can. But by all standard cross deals are normal market activities all over the world. |
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yMcy56: sure @YMcy56 you correct 101/100 ![]() 1 Like |
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Wapgod: Ordinarily when you are to buy or sell shares the other partner to the deal is not known. In the case of cross deals, both the buyer and seller know each other one way or the other. There is always a pre-determined price for the deal between both parties irrespective of the current market price. Unlike normal purchase/sale order the cash involved don't get to the stockbroking account apart from the charges which in most cases is charged to the buyer's account depending on the agreement anyway. So cross deals are not market manipulation it's just a type of buy/sell between known parties. 6 Likes |
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INVEST WISELY! Don’t be carried away with the BULL all investors should still do their due diligence before investing in any stock even when it’s recommended because in the long run, investors must take responsibility for their decision not the analysist/the market or financial adviser. It was one of the mistakes in 2008. In a bull market even non fundamentally good stocks appreciate in price by way of positive sentiments around the market. Invest wisely! 12 Likes |
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Mpeace: No use death compare sleep! Investors even traders sometimes buys value not just numbers. 1 Like |
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safepaulooo: Exactly. Both in the market and life generally make sure you win the war don't stop even if you lose a particularly battle during the war. 1 Like 1 Share |
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BabsO2: You fill a new mandate with the preferred account. It's better done at the registrar's office. 2 Likes |
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sonofElElyon:Unity is: Under performing Non profit making In distress mode Tribalized Yielding to big politician controls Bank Beware! 7 Likes |
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Entrepreneurrr: https://fbnquest.com/asset-management/resources/historical-funds/ 2 Likes |
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Don't Wait to Buy Shares in Good companies but BUY SHARES and Wait! to get the DIVIDEND! Click the link or call the number on my signature to start the process with investment one. 1 Like |
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igbizen: Send a mail to first registrars to inform them you bought some shares in Fidelity recently and wish to add this new holdings to the existing mandate. You can write your full name and your CHN with stanbic brokers and your mandated bank account details in the mail. 1 Like |
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modupemomo: Currently TBills rates for all the tenors are down and the principal underlying asset of MMF is Tbills hence the low rate being experienced. The economic realities calls for increase in interest rate but the CBN has its own mind. Let's watch may be at the next MPC meeting coming up this month of May it's possible rate will be be reviewed upward but for now you have to make do with what you have. As you said if you are risk averse I will advice you stay with an investment that will put your mind at rest. Think safety of funds before interest/gains more so low risk low returns and vice versa. The choice is yours. 4 Likes |
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petaling: I laugh in Nigerian languages ![]() @Wanaj0 na founding fathers o. Guru and chief with red cap. If possible find a way to get across to him to learn more on the length, width, thickness and hight of stocks investment in Nigeria. 17 Likes |
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ebuka1997: Yes you can open account click on the link on my signature to open account for free. Yes Investment one can help process dividend collections. |
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