jadyclem:


Abeg chairman no vex, I just want ask you one more question:
How can we know companies that pays yearly dividend? Is there a website where we can check their yearly report before investing in their shares?

Objectivist04:
Pls make una help me o, l bought 10k units of Fbnh during their IPO in 2007, when I wanted to sell about 4 years ago, l discovered that the stockbroker I lodged the shares with is no longer in business. So I have to open account with Morgan capital, applied for share transfer but they told me that my former stock broker did not lodged my shares with cscs and so l have to apply for dematerialization which l did.

Today I received call from a Morgan capital staff informing me that the process is completed that l have 3k plus number of shares whereas from my calculation l should have 18k plus factoring in bonuses , l wanted to explain but the guy just banged the phone on me. I called meristem, the lady that picked my call told me she will connect me to the registrar, l hanges on for minutes but nobody picked the call before I decided to seek for advice here.

Note that l have been receiving dividend base on 18k plus even last year, so I don't know where the mix up is coming from.

Thanks for your advice

yMcy56:

Lol. You should have started picking in tranches from 50.....

6/3/24

Objectivist04:
Pls make una help me o, l bought 10k units of Fbnh during their IPO in 2007, when I wanted to sell about 4 years ago, l discovered that the stockbroker I lodged the shares with is no longer in business. So I have to open account with Morgan capital, applied for share transfer but they told me that my former stock broker did not lodged my shares with cscs and so l have to apply for dematerialization which l did.

Today I received call from a Morgan capital staff informing me that the process is completed that l have 3k plus number of shares whereas from my calculation l should have 18k plus factoring in bonuses , l wanted to explain but the guy just banged the phone on me. I called meristem, the lady that picked my call told me she will connect me to the registrar, l hanges on for minutes but nobody picked the call before I decided to seek for advice here.

Note that l have been receiving dividend base on 18k plus even last year, so I don't know where the mix up is coming from.

Thanks for your advice

yMcy56:

Honestly!
E get 4 of them wey dey Waka together like twins...Lol
JAPAUL and CHAMS,
UNITY and JAIZ

husu:

I They calculated based on the number of certificates giving to them to demateriase. I think your shares are intact on FBN records but the certificates at your disposal may not be complete. you have to bring all including all bonuses issued to you to get it to 18k shares. Your dividends will be complete. anyways

jadyclem:
I'm new to this stock investing, please gurus in the house, can you guys please recommend 5 stocks with good future prospects - say 3 -5yrs?

yMcy56:

Lol. You should have started picking in tranches from 50.....

Ginalex:
I picked more NASCON 43.35 and Dangsugar (46.5 so it averaged up my WACC to like 44)Make more low come till I'm well loaded. Na just funds be the small limitation. But God dey

emmasoft:


If you are in Lagos, go to Meristem's office at Yaba everything will be sorted. At the registrar's office ask that you want to know your holdings in FBNH if possible ask for a printout of your account. If you have received dividend as at the last payment on 18k plus units, it means the issue will be on the demat process and what played out with your former stockbroker before Morgan.
I am not in Lagos also I have once made enquiry from this same meristem concerning my holding and they gave me the accurate figure

You can contact me if you need further assistance.

emmasoft:


If you are in Lagos, go to Meristem's office at Yaba everything will be sorted. At the registrar's office ask that you want to know your holdings in FBNH if possible ask for a printout of your account. If you have received dividend as at the last payment on 18k plus units, it means the issue will be on the demat process and what played out with your former stockbroker before Morgan.

You can contact me if you need further assistance.

Objectivist04:

Unfortunately I don't have them again, most of then are with the dead house.
But I think the reason for dematerialization is because I don't have any certificate

Objectivist04:

I am not in Lagos, also I once made an enquiry about my holding from this same meristem and they gave me the accurate figure

lionshare:
Why does it seem impossible to buy transcorp power

Objectivist04:

I am not in Lagos, also I once made an enquiry about my holding from this same meristem and they gave me the accurate figure

essentialone:
Chams and Japaul has been going down down down

yMcy56:

People were/are getting, even on the first trading day after listing.....
If your bid can be submitted by 9.30am on the dot, there's a possibility of getting.
They've been selling quite a lot to increase liquidity and free float.

lionshare:
Thanks for your response! Maybe its Meristem acting up----its frustrating! Can you recommend another broker?

yMcy56:

Morgan Capital Securities Limited
Or
Atlas's Portfolios Limited

Zagee:


Dematerialization usually reveals all units plus bonuses held on a company. If that's all there is them that's that. Just one certificate is enough to track all possible outstanding. That was the case for a man I helped out with his zenith shares. Just one certificate and all other plus bonuses were revealed on the form.

emmasoft:


In the demat form, there is a portion for lost certificates that is supposed to take care of the certificates you can't find.
Since you already confirm your units, when you get to Meristem or you contact them, complain that you don't have the certificates with you. They will take care.

They are most likely to issue you a demat form stating the particulars of your certificates.

yMcy56:

OK.
Better to dey watch for bargain entry there....
Accumulations has been ongoing in JAPAUL for quite sometimes now @ circa 1.96

Btw, where are the NSEMPA MTNN analyst oo
It's currently on bid @210.30 with zero offer...
Someone even said na 99naira junction he dey wait for am....

TRANSCORP PLC: 298M units in transactions so far.....with over 5B staked in it....

Objectivist04:

My stockbroker said l should not write anything on the form except my signatures, so I don't know how he filled the portion you are talking about and the guy attending to me is not patient enough to hear me out.