currentprice:


Lol... no intention to parables this o, thought i put the bank name ni. 33 @ work

it what everyone knows already. it a day to day mention here, na UBA

the bank data is wonderful for those who knows. the more i check d numbers the more i fall for it.

the fairprice is great. fullyear result will surprise every one

fingers crossed

let me keep my head safe with helmet before stones started flying

Make una leave UBA... Na accumulation I dey since!

From now till December all investment money goes to UBA!

All of us cannot line up for UBA make some go for Zenith!

Godlylifeoneart:
https://www.aljazeera.com/news/2019/09/drones-hit-saudi-aramco-facilities-fires-190914051900472.html

Oil price go rise

locodemy:


pls Bros,how long does it take them to credit money paid into their acct to the traders acct?

Is their any stress in withdrawing sales proceeds?

Im thinking of having an alternative acct.

30 minutes to an hour on a good day. Payment after sales is on or before the close of office by 6pm

currentprice:


Lol... no intention to parables this o, thought i put the bank name ni. 33 @ work

it what everyone knows already. it a day to day mention here, na UBA

the bank data is wonderful for those who knows. the more i check d numbers the more i fall for it.

the fairprice is great. fullyear result will surprise every one

fingers crossed

let me keep my head safe with helmet before stones started flying

Oga mi current affairs ..na fully loaded jejebaba dey co-ordinate that stock o..I dey learn form him everyday ..Hopefully it delivers

TraDeRR:


Oil price go rise

...good info. Thanks

Godlylifeoneart:
https://www.aljazeera.com/news/2019/09/drones-hit-saudi-aramco-facilities-fires-190914051900472.html

chai! see confirm oyel $$$ for those who have open LONG position over weekend

oyel trading go sweet die this week o

BullBearMkt:

...good info. Thanks

Hahahahahahaha.. Boss don dey sharp him cutlass..
well I hope it happens that way.. at least some of the oil money go find their way to nse..

lancee:


Oga mi current affairs ..na fully loaded jejebaba dey co-ordinate that stock o..I dey learn form him everyday ..Hopefully it delivers

if unexpected event does not happen to the bank like oyel above the bank is worth holding. good than zenith bank and access for now

lucky to those who loaded at 5.40 and i think next lucky buy is now at cp. the stock price is going places in few years time if nothing happen

though other bank will move as well but..... anyway let me before name calling come in... as usual i will re quote this post in future time

*^
^^
similar to the UBA is fidelity bank but there are somethings that doesn't add up here so better to play safe

for ACCESS fan when u compare Q1 to HI u might notice things, good bank though but wait until full year result to see diamond bank revelation

have said enough on zenith before

nothing to say on Gtb no matter opinion pple will still go for this efficient bank all i can say is it selling below her fairprice. it N60 plus stock

@ Respected OGG..i will like to seek your expertise on unclaimed dividends.
My friend late father bought several equities for him during the public offers of several quoted companies in late 90s, and early 2000s.Now his father was no more,all the certificates and receipts of purchase could not be retrieved, but my friend name is indicated against the affected companies and registrars on SEC website
He is 100% sure that the shares belong to him but he has no share certificate to back up his claims.
He is willing to use the information on SEC unclaimed d portal to drive home his point.
Please, what can he do to get his accumulated dividends and bonuses?
Also, what can he do to list the equities on cscs via a broker despite not having shares certificates?
Thanks in anticipation.

currentprice:


chai! see confirm oyel $$$ for those who have open LONG position over weekend

My main oga @ sir currentprice.your boy dey loyal oh! Abeg sir, na which broker u dey use trade OIL and forex? Abeg put me through on account opening process with them.

Rejoice04:
Am sorry to bother you. When you filled your E-MANDATE Form did you take it to your bank for stamping and signing before uploading it to your registrar? I filled and scanned mine today but no acknowledgement of receiving it. Thanks.

No, I didn't take it to bank for signing/stamping. The registrar will get it across to the bank for all that I think.
Try and follow up with call. Which registrar is that anyway?

swilo:
At least there will be peace this weekend... Cc. AYMAO United

Agbalowomeri:
It will be a boring weekend

See them

Godlylifeoneart:
@ Respected OGG..i will like to seek your expertise on unclaimed dividends.
My friend late father bought several equities for him during the public offers of several quoted companies in late 90s, and early 2000s.Now his father was no more,all the certificates and receipts of purchase could not be retrieved, but my friend name is indicated against the affected companies and registrars on SEC website
He is 100% sure that the shares belong to him but he has no share certificate to back up his claims.
He is willing to use the information on SEC unclaimed d portal to drive home his point.
Please, what can he do to get his accumulated dividends and bonuses?
Also, what can he do to list the equities on cscs via a broker despite not having shares certificates?
Thanks in anticipation.

Yes there are proof of evidence that the claimant/administrator/executor(ur friend in this case) must provide to lay claim to the shares and get it transmitted to them.

Basically, the requirements are:

1) A letter of introduction;
This is simply a write-up in black and white by the claimant(ur friend) introducing themself as the legal representative of the deceased.
In it(the said latter) must include their NAME, ADDRESS, BVN(or a bvn print out from their bank) and authorised SIGNATURE.
It's important to note these inputs must all be in consonant with the details of their operational bank A/C.
...they must be the same with those supplied by the claimant while opening a bank A/C in use.(active)
For a much easier resolution, the surname and maybe address must have a link to the decease.(the father)

2) A letter of administration;
This is basically a legal authority granted by the law court to the claimant/administrator to lay ownership to the property of a deceased person.
The latter is then sent to the registrar of the said company shares.
...while the registrars shall in turn send it to the probate registrar for verification and confirmation NO less than 24 hrs after receiving same.

3) A death certificate obtained from the National population commission(NPC) or the certified true copy of identification of the deceased from a notary club or a copy of a newspaper advert of the deceased placed by the court.(preference should be by the same court that granted the latter of administration)
This is mainly to help confirm a person's mortality via sighting.

4) Any evidence of prior ownership by the deceased;
Since ur friend has lost the shares certificate(which is also a proof of ownership), he can provide either a past dividend warrant(even one would be enough) or a bank A/C statement showing past dividend transaction of the deceased.
The bank can help give one an access to a printed past statement of A/C reflecting such payments to the deceased, if they provide them a copy of item 1 and 2 listed above.(once the surnames are the same)

With these 4, ur friend can surely lay claim to the late fathers shares.
However, where he could not provide all 4, the registrar can still help via a one on one interview with him. Alternatively, he could be asked to provide them(the registrars) with an indemnity or an insurance.

A point to note is that ur broker can play an indirect rule in helping to facilitate a speedy transfer of ownership.
A few of them are highly experienced in handling or guiding on such matters.
I know of stanbic ibtc stockbrokers and meristem. ...they are very competent in this line.
I'll advise ur friend opens an A/C with one of them, so they can help in the event of a hurdle.(from the registrar)
Again, if they know that they can house the said shares post transfer, they'll be spurred to want to help out.
The idea is to help with the speed of execution(fasten the transfer process)

Good luck to ur friend !!

onegentleguy:


Yes there are proof of evidence that the claimant/administrator/executor(ur friend in this case) must provide to lay claim to the shares and get it transmitted to them.

Basically, the requirements are:

1) A letter of introduction;
This is simply a write-up in black and white by the claimant(ur friend) introducing themself as the legal representative of the deceased.
In it(the said latter) must include their NAME, ADDRESS, BVN(or a bvn print out from their bank) and authorised SIGNATURE.
It's important to note these inputs must all be in consonant with the details of their operational bank A/C.
...they must be the same with those supplied by the claimant while opening a bank A/C in use.(active)
For a much easier resolution, the surname and maybe address must have a link to the decease.(the father)

2) A letter of administration;
This is basically a legal authority granted by the law court to the claimant/administrator to lay ownership to the property of a deceased person.
The latter is then sent to the registrar of the said company shares.
...while the registrars shall in turn send it to the probate registrar for verification and confirmation NO less than 24 hrs after receiving same.

3) A death certificate obtained from the National population commission(NPC) or the certified true copy of identification of the deceased from a notary club.

4) Any evidence of prior ownership by the deceased;
Since ur friend has lost the shares certificate(which is also a proof of ownership), he can provide either a past dividend warrant(even one would be enough) or a bank A/C statement showing past dividend transaction of the deceased.
The bank can help give one an access to a printed past statement of A/C reflecting such payments to the deceased, if they provide them a copy of item 1 and 2 listed above.(once the surnames are the same)

With these 4, ur friend can surely lay claim to the late fathers shares.
However, where he could not provide all 4, the registrar can still help via a one on one interview with him. Alternatively, he could provide them(the registrars) with an indemnity or an insurance at request.

A point to note is that ur broker can play an indirect rule in helping to facilitate a speedy transfer of ownership.
A few of them are highly experienced in handling or guiding on such matters.
I know of stanbic ibtc stockbrokers and meristem. ...they are very competent in this line.
I'll advise ur friend opens an A/C with one of them, so they can help in the event of a hurdle.(from the registrar)
Again, if they know that they can house the said shares post transfer, they'll be spurred to want to help out.
The idea is to help with the speed of execution(fasten the transfer process)

Good luck to ur friend !!

Thanks boss.
More greese to your elbows.
We are waiting for the info on commodity trading platform, now that Aramco is on fire.
NSEMPA MEMBERS ARE READY TO TAKE A BET ON CRUDE OIL.
Pls enlighten us if you are into it.
Big thanks.

Godlylifeoneart:


Thanks boss.
More greese to your elbows.
We are waiting for the info on commodity trading platform, now that Aramco is on fire.
NSEMPA MEMBERS ARE READY TO TAKE A BET ON CRUDE OIL.
Pls enlighten us if you are into it.
Big thanks.

My Pleasure Sir !!

On the part in bold, NO am not into that yet.

Regards.

stokfrick:


My main oga @ sir currentprice.your boy dey loyal oh! Abeg sir, na which broker u dey use trade OIL and forex? Abeg put me through on account opening process with them.

I use IG broker

Godlylifeoneart:
@ Respected OGG..i will like to seek your expertise on unclaimed dividends.
My friend late father bought several equities for him during the public offers of several quoted companies in late 90s, and early 2000s.Now his father was no more,all the certificates and receipts of purchase could not be retrieved, but my friend name is indicated against the affected companies and registrars on SEC website
He is 100% sure that the shares belong to him but he has no share certificate to back up his claims.
He is willing to use the information on SEC unclaimed d portal to drive home his point.
Please, what can he do to get his accumulated dividends and bonuses?
Also, what can he do to list the equities on cscs via a broker despite not having shares certificates?
Thanks in anticipation.

The steps itemized by the respected OGG is for claiming the assets of a deceased.

The process is different for someone trying to claim an assets that was bought in his name (in this case, ordinary shares of companies).

The first step will be a visit to CSCS with a valid government issued ID (Driver license, international passport, PVC, National ID) issued in the name in which the shares were bought. With passport photographs, if I remember correctly.

With the payment of a fee, printout of all stocks in your friend's name will be generated for him.

He will thereafter need to approach a stock broking firm with the list from CSCS for the process to be completed.

I hope this is still the current procedures.

Mcy56:

No, I didn't take it to bank for signing/stamping. The registrar will get it across to the bank for all that I think.
Try and follow up with call. Which registrar is that anyway?

OK thanks. Datamax Registrars . It's GTB shares. They should at least acknowledge they receive it so I won't keep sending them same thing.

currentprice:


I use IG broker

@CP....Nigeria is not listed under country of Residence

Harvestock01:


The steps itemized by the respected OGG is for claiming the assets of a deceased.

The process is different for someone trying to claim an assets that was bought in his name (in this case, ordinary shares of companies).

The first step will be a visit to CSCS with a valid government issued ID (Driver license, international passport, PVC, National ID) issued in the name in which the shares were bought. With passport photographs, if I remember correctly.

With the payment of a fee, printout of all stocks in your friend's name will be generated for him.

He will thereafter need to approach a stock broking firm with the list from CSCS for the process to be completed.

I hope this is still the current procedures.

I have similar issues oh but in my case am alive. I sold my shares but I still have bonus shares but I can't find the certificate again plus I have never claimed any dividend since I bought my gtb shares in mid 2000.

currentprice:


if unexpected event does not happen to the bank like oyel above the bank is worth holding. good than zenith bank and access for now

lucky to those who loaded at 5.40 and i think next lucky buy is now at cp. the stock price is going places in few years time if nothing happen

though other bank will move as well but..... anyway let me before name calling come in... as usual i will re quote this post in future time

Ur doing quite well, but if I have to explain why it makes sense to align more portfolio weighting to ACCESS than UBA, it will take more than 2 pages.

Prior to and as at Q1, u would recall that I chose UBA ahead of ACCESS(we had a healthy debate at the time) ...but things have changed.
Make no mistake; Both coys are good(I have both in my inv portfolio), however, there are a few good reasons why one should align more(portfolio weight) with the former than the latter(for now)

It's all about growth trajectory, risk weighting and earnings power.
...I hope to make it brief though.

Just give me a few hours. Am attending a small function now.

currentprice:
for ACCESS fan when u compare Q1 to HI u might notice things, good bank though but wait until full year result to see diamond bank revelation

That's why u should look to weigh the banks ACCRUALS RATIO.(which adjusted for the risk of a likely manipulation following a possible asset deterioration by diamiod)
...then look in further on the banks ALTMAN Z-SCORE to guage that risk-return(ROI in view)
Then benchmark it with that of UBA.

When u do that, u'll begin to see the inherent growth trajectory and earnings power(adjusting for risk) of ACCESS compared to UBA.

Harvestock01:


The steps itemized by the respected OGG is for claiming the assets of a deceased.

The process is different for someone trying to claim an assets that was bought in his name (in this case, ordinary shares of companies).

The first step will be a visit to CSCS with a valid government issued ID (Driver license, international passport, PVC, National ID) issued in the name in which the shares were bought. With passport photographs, if I remember correctly.

With the payment of a fee, printout of all stocks in your friend's name will be generated for him.

He will thereafter need to approach a stock broking firm with the list from CSCS for the process to be completed.

I hope this is still the current procedures.

This is true.
But I don't think the friend @godlylifeoneart highlighted had the the shares bought in his name.
He said it was bought and handled by the dad before his demise. ...in which case, the above guide stands.

However, if indeed the dad had bought some of the shares in the friends name, then, yes ur guide comes in handy.

@Goldlylifeoneart pls take note of the above contribution from @Harvestock01

Salah

currentprice:


if unexpected event does not happen to the bank like oyel above the bank is worth holding. good than zenith bank and access for now

lucky to those who loaded at 5.40 and i think next lucky buy is now at cp. the stock price is going places in few years time if nothing happen

though other bank will move as well but..... anyway let me before name calling come in... as usual i will re quote this post in future time

Well said boss..I go keep the 5 Afo units i get ..Hope all fundamentals still same

Wish it goes down to top up..But after div marked down it refused to

Watching b4 yr end

Godlylifeoneart:

@CP....Nigeria is not listed under country of Residence

Thatz true bro. I used foreign bank account to open broker acct with IG.

U can as well shop for Darwinex , hotfx or saxo bank

Please where do I get the financial year end for all quoted companies on the NSE?

Will appreciate your kind assistance.