UPDC Real Dev 15 landed quietly.

edwardaigb:


Yet to receive mine.

Found out that SEC is yet to approve. I don't understand what SEC is doing this days

NPF right issue - SEC yet to approve
Cutix bonus - SEC yet to approve
AIICO bonus - SEC yet to approve

Ordinary approval is taking them forever to do. Na to invent ways to rub investors in the name of fees them sabi

Heishere:


Found out that SEC is yet to approve. I don't understand what SEC is doing this days

NPF right issue - SEC yet to approve
Cutix bonus - SEC yet to approve
AIICO bonus - SEC yet to approve

Ordinary approval is taking them forever to do. Na to invent ways to rub investors in the name of fees them sabi

I bet Red Star express is having the same issue

Heishere:


Found out that SEC is yet to approve. I don't understand what SEC is doing this days

NPF right issue - SEC yet to approve
Cutix bonus - SEC yet to approve
AIICO bonus - SEC yet to approve

Ordinary approval is taking them forever to do. Na to invent ways to rub investors in the name of fees them sabi

Road Plc suffered the same faith before it eventually wound up. Declared 1 for 4 bonus and 45k dividend. Took almost a year before the dividend was paid and bonus never acted upon. I wrote a lot of petitions to SEC, NGX, African Prudential and the company itself, all to no avail.

For me, I don’t think SEC is actually protecting the interest of shareholders but the interest of anybody that contributes to the SEC pocket. If u check very well concerning inaction of SEC to approve the corporate action embarked upon by those companies, it would not be more than money issue- companies not meeting making one payment or the others to SEC

God will help us

To be honest, the NSE is really stable compared to the NYSE...I dare say compared to the amount I invested, I made more profit in the NSE

RodgersAkpafu:

I bet Red Star express is having the same issue

I am not sure about Red Star sha

customstreet:


Road Plc suffered the same faith before it eventually wound up. Declared 1 for 4 bonus and 45k dividend. Took almost a year before the dividend was paid and bonus never acted upon. I wrote a lot of petitions to SEC, NGX, African Prudential and the company itself, all to no avail.

For me, I don’t think SEC is actually protecting the interest of shareholders but the interest of anybody that contributes to the SEC pocket. If u check very well concerning inaction of SEC to approve the corporate action embarked upon by those companies, it would not be more than money issue- companies not meeting making one payment or the others to SEC

God will help us

It's a pity. There is nothing we can do but to wait and see.

austinkenneth:
What really is the reason for this decrease in price for GTB? Is there an issue with their results?
Is there a core investor selling off?

In my own little understanding, GTB's result is not as bad as to warrant the fall in price from over N30.....now to N25.50.

It's possible a core investor is exiting while another one is coming in.
The type of volumes exchanging hands in GTCo since it started the shedding can only be done by a pot belly person or persons.

Don't think an average investor can be selling those huge volumes. I can sense some power play here.
We should also note that it's someone or some entities that are buying the stock.

I think whoever is in the train should just calm down. Be enjoying your dividends first while the billionaires sort themselves out. If you have some funds be picking in tranches as they're crashing it to average down.
My gut feelings is saying by the time they crashed it to 22, if at all it gets there, GTCo will likely reverse back up. I no know anything or sabi book oo, just gut feelings.

WEMA BANK
Bargain hunters on queue.......

BUAFOODS
They're still trying to push this one......@64.30.......bit bids are getting thinner.....

yMcy56:

In my own little understanding, GTB's result is not as bad as to warrant the fall in price from over N30.....now to N25.50.

It's possible a core investor is exiting while another one is coming in.
The type of volumes exchanging hands in GTCo since it started the shedding can only be done by a pot belly person or persons.

Don't think an average investor can be selling those huge volumes. I can sense some power play here.
We should also note that it's someone or some entities that are buying the stock.

I think whoever is in the train should just calm down. Be enjoying your dividends first while the billionaires sort themselves out. If you have some funds be picking in tranches as they're crashing it to average down.
My gut feelings is saying by the time they crashed it to 22, if at all it gets there, GTCo will likely reverse back up. I no know anything or sabi book oo, just gut feelings.

Could the innoson tussle be indirectly affecting the share price? It is still pending with no end in sight

GREIF NIG
Considering winding up.......
https://doclib.ngxgroup.com/Financial_NewsDocs/34799_GREIF_NIGERIA_PLC%20_NOTICES_OF_BOARD_MEETING_(BM)_%20_BOA.pdf

DUNKA:
Could the innoson tussle be indirectly affecting the share price? It is still pending with no end in sight

Could be part of the internal crisis going on.

DUNKA:
Could the innoson tussle be indirectly affecting the share price? It is still pending with no end in sight

Innoson "tussle" is a minuscule matter

But for others NYSE is the perfect place to be.
Lots of investors' has flew NSE to NYSE.

Dollarwoman:
But for others NYSE is the perfect place to be.
Lots of investors' has flew NSE to NYSE.

Dollarwoman:
But for others NYSE is the perfect place to be.
Lots of investors' has flew NSE to NYSE.

Lol, there is no perfect place anywhere.

Most investors here are also on NYSE.

The problem with NYSE for me is that there is no commission-free stock platform for Nigerians(e.g like Robinhood).
Note:Passfolio is not commission-free due to their unfavourable terms and conditions in regards to trading commissions, deposit, withdrawal and currency conversion charges among all charges.

Wapgod:
The problem with NYSE for me is that there is no commission-free stock platform for Nigerians(e.g like Robinhood).
Note:Passfolio is not commission-free due to their unfavourable terms and conditions in regards to trading commissions, deposit, withdrawal and currency conversion charges among all charges.

Unfavourable in what sense ?
You care to explain ?

freeman67:
UPDC Real Dev 15 landed quietly.

Did the UPDCREITS from the UACN scheme qualify for the dividend??

Jats2k2002:


Did the UPDCREITS from the UACN scheme qualify for the dividend??

Yes

RodgersAkpafu:

Unfavourable in what sense ?
You care to explain ?

Lots of hidden charges including the following:
No commission-fees except on stocks worth less than US$5 (limited to US$1M in orders per month*).
*All stock trades that exceed the US$1M limit will cost the largest of: 0.1% or US$0.02/share.
Stocks worth less than US$5 you will pay a commission of $0.02/share
Check
passfolio. com/fees
to see their fees.
Unlike say RobinHood and other USA only stockbrokers which is truly commission-free and no fee on deposit and withdrawals.

freeman67:
UPDC Real Dev 15 landed quietly.

It was actually 18k

drills:


It was actually 18k

Yes and the 15 in freeman67 post is the dividend number not the amount.

emmasoft:


Yes and the 15 in freeman67 post is the dividend number not the amount.

Abeg where can i download the 2020 annual report of UPDC REIT pdf
I have looked for it everywhere online and i couldn't still find it

Wapgod:

Abeg where can i download the 2020 annual report of UPDC REIT pdf
I have looked for it everywhere online and i couldn't still find it

https://doclib.ngxgroup.com/Financial_NewsDocs/33303__UPDC_REAL_ESTATE_INVESTMENT_TRUST%20_AUDITED_FINANCIAL_.pdf

Wapgod:

Lots of hidden charges including the following:
No commission-fees except on stocks worth less than US$5 (limited to US$1M in orders per month*).
*All stock trades that exceed the US$1M limit will cost the largest of: 0.1% or US$0.02/share.
Stocks worth less than US$5 you will pay a commission of $0.02/share
Check
passfolio. com/fees
to see their fees.
Unlike say RobinHood and other USA only stockbrokers which is truly commission-free and no fee on deposit and withdrawals.

The charges are not hidden, they are clearly spelt out. I have been using Passfolio without paying commission.

BTW, I have peace of mind with some NSE stocks.

Heishere:


Found out that SEC is yet to approve. I don't understand what SEC is doing this days

NPF right issue - SEC yet to approve
Cutix bonus - SEC yet to approve
AIICO bonus - SEC yet to approve

Ordinary approval is taking them forever to do. Na to invent ways to rub investors in the name of fees them sabi

What is keeping SEC from approving AIICO bonus? I hope they won't change the qualification date.

Goodmorning House
i need contact for First Registra, yet to receive my UPDCREITS DIVIDEND
Thanks

Opinions on GTb please, is it wise to pick know Please am responsible for whatever decision I take!!

Good morning all, please what will happen to my champion breweries shares if I don't fill the MTO acceptance form.