megawealth01:


I got mine since yesterday

Wow.. Here was I thinking that dividend are only paid out after it is voted at the AGM except if there was no AGM. The AGM took place 11:am this morning.

Like him, I got mine this afternoon sha.

........

Oh

Omooloriredade:


Too much information? Maybe not. Are you comfortable posting your bank details to an online forum?

Well, I see "Influencers" asking people to drop their account numbers on social media for giveaways so maybe it's no biggie these days.

SonofElElyonRet:
https://www.thisdaylive.com/index.php/2024/07/13/access-bank-targets-top-20-position-in-uk-1bn-profit-by-2027/

My sweet ACCESSBANK

leparj:
Wat are the resolutions from the
UCAP Board meeting today?
How much dividend n bonus are we getting?
Abi the meeting never end?

Update suppose show before weekend. Ucap isn't like mrs that will hide update for over 6months.

I decided to reject Access Bank's rights offer. Currently, I hold 520,000 units of Access Bank in my investment portfolio, which translates to 260,000 units of the rights offer. The cost implications of this are: 260,000 x 19.75 = 5,135,000.
If I were to buy in the secondary market @19.20, including commissions of up to 1.45%.
5,135,000 - 1.45% would get me 263,569 units.
Waiting till September/October, same amount could get 270,000 units plus due to possible liquidity constraints in 2 to 3 months post rights offer.
Reason?
The government aim of indirectly mopping excess Naira from circulation would have been achieved, Investors might flood the secondary market with Bank's shares.
##invest wisely
##Invest smartly

Mankind2024:
I decided to reject Access Bank's rights offer. Currently, I hold 520,000 units of Access Bank in my investment portfolio, which translates to 260,000 units of the rights offer. The cost implications of this are: 260,000 x 19.75 = 5,135,000.
If I were to buy in the secondary market @19.20, including commissions of up to 1.45%.
5,135,000 - 1.45% would get me 263,569 units.
Waiting till September/October, same amount could get 270,000 units plus due to possible liquidity constraints in 2 to 3 months post rights offer.
Reason?
The government aim of indirectly mopping excess Naira from circulation would have been achieved, Investors might flood the secondary market with Bank's shares.
##invest wisely
##Invest smartly

Current Market Price of Access needs to be above 20.1 for it to be profitable for me to sell some existing shares to take up my rights. That figure should be lower for those using Morgan iTrade.

megawealth01:


For those that would have doubts... Check am here... I hide my privacy sha

The date of transaction and JAIZ BANK is showing very well

No, I am not doubting you. I was just surprised that some things done at the AGM are shams. What then is the essence of voting to ratify the payment of dividends declared at the AGM if they can start paying before the AGM except if there was no AGM or the voting to ratify the payment of dividends was not part of the AGM Agenda, that is an anomaly in itself.

Yesterday, after the banks payment alert , I still got another notification from APR and it was still stated that it's payable on 16/7/24.

megawealth01:


For those that would have doubts... Check am here... I hide my privacy sha

The date of transaction and JAIZ BANK is showing very well

You didn't hide your privacy well. An average secondary school student with basic exposure to computer and the Internet can remove those smileys you put there. Be guided and watchful

KarlTom:
Oh

Yeah, just in case you didn't know, your acct number is included in the "remark".

Let's not make it easy for them

Ding Ding

Ding

UCAP not playing today. ...35.50

DrAkpa:
You didn't hide your privacy well. An average secondary school student with basic exposure to computer and the Internet can remove those smileys you put there. Be guided and watchful

I wonder why he didn't delete it after trying to prove his point.
Tech has gone beyond using smiley to block anything...
If he had used marker to paint it, it would have been better self.

Cc: Megawealth01

gbengafaro1986:
UCAP not playing today. ...35.50

Time to exit oo. Unless you are in it for the div and bonus.

GTCO
* I wasn't aware GT is also doing Public Offer o, I thought it's only Right Issues

Offer Price: N44.50
Opening Date: 15th July 2024
Closing Date: 12th August, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41689_GUARANTY_TRUST_HOLDING_COMPANY_PLC-GTCO_PUBLIC_OFFER_-_STATUTORY_ADVERTISEMENT_CORPORATE_ACTIONS_JULY_2024.pdf

yMcy56:
GTCO
* I wasn't aware GT is also doing Public Offer o, I thought it's only Right Issues

https://doclib.ngxgroup.com/Financial_NewsDocs/41689_GUARANTY_TRUST_HOLDING_COMPANY_PLC-GTCO_PUBLIC_OFFER_-_STATUTORY_ADVERTISEMENT_CORPORATE_ACTIONS_JULY_2024.pdf

Are they even doing right issue? It doesn't seem so

gbengafaro1986:
UCAP not playing today. ...35.50

And they will not exit o
Na so FBNH reach 40. Maybe it will get back there in another 5 years 😂

Agbalowomeri:

Are they even doing right issue? It doesn't seem so

I didn't pay attention to it o, just checked now and saw that it's PO

GT will likely still push the price to 50

With the payment of dividend by Jaiz Bank, and with good results, it might start attracting attention.

The management also said they are closer to their bank capitalization target by N1.3billion. They might be the first bank to achieve the target requirement by CBN.

https://thenationonlineng.net/jaiz-bank-nears-recapitalisation-target/

megawealth01:


I got mine since yesterday

sorry, when was the qualifying date I have received nothing yet.

...

Transcorp Power in retrospect

yMcy56:

I didn't pay attention to it o, just checked now and saw that it's PO

GT will likely still push the price to 50

They are still trying to defend the 45. When will all these shares enter the EPS. I don't remember how they do this anymore

Big crosses in Jaiz...

The knid money being spent on Jaiz this morning, chai..any news?

Raider76:


Time to exit oo. Unless you are in it for the div and bonus.

You never can tell sha...

megawealth01:


You never can tell sha...

True

Raider76:


Time to exit oo. Unless you are in it for the div and bonus.

Or you want to sell small for pocket money

Raider76:


Time to exit oo. Unless you are in it for the div and bonus.

I suggest you wait for dividend and bonus...except you have urgent need for cash,just my opinion.

ACCESS don dey push the price up small small.....
They needed to move the price around 22 or more possibly.
This year till 2026 will be interesting, God willing. God spare our lives.