megainvest:


The major reason people are buying into Oando is not their performance. Far from it! It is hinged on some sort of extreme optimism about the future of the company considering the political strength of those behind the company as well as the expected aggressive growth strategy of the company in the upstream oil and gas industry.

Wa last!

As for the guy that said that FBNH is over-priced at #9, I would advise you to go back to your GSM/SMS business......FBNH

BnSitL, good morning!

PETERiCHY:



"This is the day the Lord has made, We shall rejoice and be glad in it "-Psalm:118vs24.

Now let's welcome the great grand father of BULL.

God bless the good people of Nigeria!
God bless OANDO faithfuls!!

*ThE OcToPuS*

http://www.proshareng.com/news/26527/Stocks-celebrate-democracy-records-historical-gain-Proshare
The equities market closed today on a positive note, as NSE ASI appreciated by +8.33 to close at 34,388.46 basis points, compared with the +2.13 appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -0.78%

That's the great grand father of the BULLS i was talking about he visits the market once in a century.

*ThE OcToPuS*

Agbalowomeri:

Bros fbnh can never sell at the same PBV as gtb and zenith until it improves its ROE
#Chai bull don come now na overanalysis we go dey see

This is the most sensitive post on the FBNH discussion IMO. Thank you so much Agba.
I'll refer you guys to study the financials of FBNH VIZ A VIZ Gtb, Zenith and Stanbic to understand better

nitrogen:


Wa last!

As for the guy that said that FBNH is over-priced at #9, I would advise you to go back to your GSM/SMS business......FBNH

BnSitL, good morning!

Above 9.00 NGN for now sir.

cadno:

Sir Agba, I have added U to my fan club list lik Myjoy and Chibuking.
Pls ..Flourmills, PRESCO , Okomu , which of these stock should I enter . Urgently

Sorry bro, I don't do blue chip stocks

Agbalowomeri:


Sorry bro, I don't do blue chip stocks

Sir Agba, ur insight on these stocks for short-term gains in this BULL season will be VERY appreciated;

FBNH
Trancorp
Oando

Agbalowomeri:


Sorry bro, I don't do blue chip stocks

Primetech:


Sir Agba, ur insight on these stocks for short-term gains in this BULL season will be VERY appreciated;

FBNH
Trancorp
Oando

I will go for only Oando and Transcorp

Agbalowomeri:


I will go for only Oando and Transcorp

Thank you.

UACN
Proposed Dividend N1.75k
Proposed Bonus Nil
Payment Date 30th July 2015
Closure Date 6th-10th July 2015
AGM Date 29th July 2015
AGM Venue Golden Tulip Festac Hotel, Lagos


http://www.nse.com.ng/Financial_NewsDocs/9153_UACN_PLC_AUDITED_ACC_DEC_2014_FINANCIAL_STATEMENTS_APRIL_2015.pdf

Hey guys, am kinda new to NSE trading... I made a buy order of 3000 quantity of Dandsugar shares yesteday and don't think the buy order was effected even though I was sure I sent in the order via morgan I tade platform...... but wandering why I still have my original account balance unreduced? is it that the buying wasn't effected by morgan trade?

nitrogen:


Wa last!

As for the guy that said that FBNH is over-priced at #9, I would advise you to go back to your GSM/SMS business......FBNH

BnSitL, good morning!

I think by the time the investors that dumped come back to mop up
Pension fund things as well ...lets keep watching , it might take time anyway

Good morning house thanks to all giving quality investment advice,i have been following this thread for some time about to liver up and buy some stock on morgan capital itrade platform, i need some pointers on how to go about this the help menu isn't much help, am stuck on the buy orders menu, filling in stuff like session,market segment,symbol,order type,limit and consideration is not explained properly on the help menu. My apologies for the elementary question can't afford to search back properly on this thread with this bull run time is of the essence.

Mtn network has finished me.
I will have to port to airtel or etisalat asap.
Mtcheew

See rushing , hard to catch up with this BULL , to miss the train not a good thing

2geez:
Good morning house thanks to all giving quality investment advice,i have been following this thread for some time about to liver up and buy some stock on morgan capital itrade platform, i need some pointers on how to go about this the help menu isn't much help, am stuck on the buy orders menu, filling in stuff like session,market segment,symbol,order type,limit and consideration is not explained properly on the help menu. My apologies for the elementary question can't afford to search back properly on this thread with this bull run time is of the essence.

This could help.


https://www.youtube.com/watch?v=bOih3rcpFCc


*** Sometimes people need to be patient enough to read through previous pages to see if their challenges have been addressed earlier on this thread or get some great ideas and tips.

In investing, patience is KEY

See magic this morning.

Aks:
#Justpassingby.

Timing is Key in NSE levels. Please don't be caught unawares, know when to Exit cos after BULL comes BEAR.
Power is likely to change hand from the BUY side to the SELL side in a jiffy

This is what i posted yesterday. Most stocks on full offer now. Make Hay while the sun shines and not rely so much on PAPER PROFIT

Aks:


This is what i posted yesterday. Most stocks on full offer now. Make Hay while the sun shines and not rely so much on PAPER PROFIT

You re correct sir , that is if u re not for a longterm
Profit taking don start small small

Is it my link or I trade?
I have been opening I trade now for a very long time now.

Reddit:

This could help.

https://www.youtube.com/watch?v=bOih3rcpFCc
*** Sometimes people need to be patient enough to read through previous pages to see if their challenges have been addressed earlier on this thread or get some great ideas and tips.
In investing, patience is KEY

Thanks Reddit, you are absolutely right sorry for the inconvenience, much appreciated

Youngzedd:
See magic this morning.

Patient is the key. Market still has a long way to go

Umunne m,
whats still holding results for TRANSCORP and FBNH ?

abi na monkey-trade strategy?

I bind every demon holding first bank oo..loose him and let him go

funkeolur:
I bind every demon holding first bank oo..loose him and let him go

Madam, i dont want firstbank to release result now make money come first. Please note that i am no demon. Every delay is a blessing in disguise.

chukyjones:
Umunne m,
whats still holding results for TRANSCORP and FBNH ?

abi na monkey-trade strategy?

If you have cash buy transcorp. Someone is codedly mopping up the stock. I just sold some other units with gains to enter transcorp again today. FBNH should wait a little bit longer.

How dividend payment works by Ugodre Obi-Chukwu


It is the dividend season and so most companies are releasing their results and proposing dividends. A lot of people often miss out on the most important part of investing which is to get dividend.

In a recap of a prior article, we take you through the basics of dividend and how to make sure you get paid.

What are dividends?

Dividends are returns paid to shareholders of a company out of the profits by the company. They are paid periodically upon recommendation by the board of directors and subsequent approval by shareholders of the company at the Annual General Meeting.

How is it paid?

Dividends are issued via dividend warrants or bonus issues and are mailed to shareholders or credited directly to your bank accounts if you filled an e-dividend or e-bonus accounts with the company’s registrar.

How many types of dividend do we have?

We have cash dividends or script dividends. Cash dividends are paid periodically out of the profits of a company. Cash dividends can also be paid when a company has been liquidated and there is still some money to share after creditors have been paid off. Bonus issues are also dividends, except that they are not cash payments. They are dividends issued in the form of shares to shareholders which they can now decide to sell in the stock market in exchange for cash.

I am a shareholder but wasn’t paid dividends?

If you purchased shares of a company after the register is closed (ex-div date) you will not receive dividends. The ex-div date is the cut-off date for payment of dividend and also the date upon which the share price trades less the amount of dividend per share that will be paid. As such, when a company declares dividends it usually accompanies such announcement with a date for closure of register. Therefore, the shareholders that will get dividends are those whose names appear on the register on or before the date of closure of register. If you purchase shares after the register is closed (ex-div) you will not be paid dividends for that period.

Can you use an example?

For example, a company can announce proposed dividend on February 13 2014, closure of register for March 14 2014 and pay dividends April 4th 2014. Those who bought or own shares in the company on or before March 14th 2014 will qualify for dividends. Therefore if you buy shares in the company after March 14, you will not qualify for that dividend. The period between March 14th and April 4th is the ex-div period as such March 14th is when the share price will be “marked down”.

What if I sell after during the ex-div period?

You will still receive dividends as your name is in the register before the ex-div period kicked in. However, you will not receive subsequent dividends for the shares sold.

I bought shares before the ex-div and did not get dividend

This may be as a result of the dividend warrants being lost in transit or delivered to the wrong address. You should visit your registrars if your dividend warrant is not delivered to you or your account is not credited at least one month after the payment date. Your registrars will confirm to you what the problem is and will regularise it as soon as possible.

I have expired dividend warrants

Dividend warrants are like cheques and expire after six months. However, dividends can be revalidated if it is taken to the registrars. Once the warrants have been verified they revalidate the dividend warrant and you can now go ahead and pay it into your bank account. It is always good to cash in on your dividend warrant no matter how small because it is the returns on your investment.

I do not have a current account

Dividends as mentioned above are like cheques and will ordinarily be accepted only in current accounts of banks. Therefore, a shareholder without a current account may not be able to pay the dividend warrant into a savings account. Though, some banks have quasi current account products that can accept dividend warrants. If you only have a savings account, I suggest you try opening a current accounts or go for accounts that can accept dividend warrants to be able to receive your payments. Better still an e-dividend option is recommended

What is an e-dividend?

E-dividend is an electronic transfer of dividends into shareholder’s account without relying on the physical dividend warrant. To however, enjoy e-dividend you will have to fill an e-dividend authorisation form and submit it with your bank. That way, you will receive dividends in a savings or current account.

I have dividend warrants but not in my name

Dividend warrants that are not in your name obviously does not belong to you directly. However, if they are shares that have been transferred to you before the ex-div date you can go to your registrar to regularise the discrepancy. If they were however transferred to you in error, you should return it to the registrars of the company. The name of registrars of the company is always written on the dividend warrant. You can also return it to the corporate affairs department of the company that is paying the dividend.

http://www.punchng.com/business/am-business/how-dividend-payment-works/

Born2berich:


If you have cash buy transcorp. Someone is codedly mopping up the stock. I just sold some other units with gains to enter transcorp again today. FBNH should wait a little bit longer.

SIR, ABSOLUTELY RIGHT . MOPPING AND WATCHING

Meristem what is happening? Open up

Born2berich:


Madam, i dont want firstbank to release result now make money come first. Please note that i am no demon. Every delay is a blessing in disguise.

Not always my bros, recent instances abound. FBNH seems to have a resistance at about 9.59ish, only a release of impressive results will break this resistance. GTB is already 30+, Zenith 24.8 ... meanwhile Transcorp is already on net offer of 23m+

ogbeche35:
Meristem what is happening? Open up

thought it was only me

FBNH is one of the most watched stocks right now. Good news will send it 10% up easily and a bad one 10% down easily. We already know that the performance from Q3 is good. The question is what corporate action will be taken on FBNH. This is because of the effect of new policies on the bank. I expect FBNH to give a good bonus even if the dividend is not up to N1.