emmanuelewumi:



That will be decided at the Extra Ordinary General Meeting of the company slated for 22nd January 2020

Sir earlier this year Shamsudeen usman(GCON) left as director....... Any reason for this,

maishai:


Sir earlier this year Shamsudeen usman(GCON) left as director....... Any reason for this,

Usman retired from the board of Lafarge, maybe he got a national assignment or have spent up to 10 years on the board or he clocked 70 years of age

emmanuelewumi:


Usman retired from the board of Lafarge, maybe he got a national assignment or have spent up to 10 years on the board or he clocked 70 years of age

Sir My fickle mind is telling me that Dangote Cement is perfecting their strategy to buy out Wapcos operations in Nigeria, If it is not already finalised by both Management, the clearing and streamlining of wapcos books to reflect only Nigeria operations, the carpet crossing of CEO,,,, A little digging and i found out that Dangote Cement has stalled the building of another cement plant around Ijebu-Ode, they might be thinking why build another one if these foreigners would rather sell out.....

House, Can Someone breakdown this share buy back Dangote cement is proposing, Its the first of its kind in Nigeria..... Most Management thinks of is bloating Outstanding shares and robbing the retail investor of value........Aside bragging rights what are the directors and management seeing to enback on this move

maishai:


Sir My fickle mind is telling me that Dangote Cement is perfecting their strategy to buy out Wapcos operations in Nigeria, If it is not already finalised by both Management, the clearing and streamlining of wapcos books to reflect only Nigeria operations, the carpet crossing of CEO,,,, A little digging and i found out that Dangote Cement has stalled the building of another cement plant around Ijebu-Ode, they might be thinking why build another one if these foreigners would rather sell out.....

Such acquisition or merger will have to be discussed at the AGM and also approved by the shareholders.

If they are closing shop, why will they be investing in the country? They raised fund not quite long through right offer.

If they wanted to sell , they would have sold when the business was in red and not now when the business is looking promising.


Dangote cement will spend between N250 billion to over N300 billion to pursue the shares buy back scheme, if acquisition of Lafarge was in their agenda the company will not bother to spend a fortune on the shares buy back.

maishai:
House, Can Someone breakdown this share buy back Dangote cement is proposing, Its the first of its kind in Nigeria..... Most Management thinks of is bloating Outstanding shares and robbing the retail investor of value........Aside bragging rights what are the directors and management seeing to enback on this move

You do share buy back if you think your shares are undervalued and the company has the financial resources to pursue the shares buy back.

Dangote cement is sitting on a huge cash of about N700 billion, so I believe the company has the resources for the exercise

Jejebabaa:
Has anyone who made purchase today via Morgan capital has it shares showing in his/her morgan account. The fbnh I bought today is yet to show in my total units as my cash shows intact.

I believe there is still a manual element to EOD account reconciliation. Happened to me a few times. Sometimes within 2 hrs after close. On one occasion it was reconciled b4 SOB next day.

maishai:
House, Can Someone breakdown this share buy back Dangote cement is proposing, Its the first of its kind in Nigeria..... Most Management thinks of is bloating Outstanding shares and robbing the retail investor of value........Aside bragging rights what are the directors and management seeing to enback on this move

Didn't Custodian do one a few years back?

UBA did share buy back of her employees shares ownership scheme about 3 years ago, where almost 2 billion UBA shares were bought back by the bank and cancelled

Guys, has anyone use Trove to buy US stocks here?

OBAGADAFFI:
Guys, has anyone use Trove to buy US stocks here?

Somebody should answer this ooooo....what are we here for?

I discovered that some US stocks pay monthly dividends,some quarterly dividends but almost 10% or mostly less than than in dividend yields

bigjay01:


I believe there is still a manual element to EOD account reconciliation. Happened to me a few times. Sometimes within 2 hrs after close. On one occasion it was reconciled b4 SOB next day.

mine happend last week after buying the stocks, i could not see it in my portfolio, i called them and they assured me it would reflect and it reflected after my complaint though i dont know what went wrong

bigjay01:


Didn't Custodian do one a few years back?

hmmmmmmmmm, well, I guess I've got strong Opinions, that need to be corrected,

Thanks a lot

Uchetoba:
I beleive they are still working on the platform it may show b4 tomorrow morning. Even the stocks that I sold and the ones that I bought are yet to reflect in my portfolio summary.

Thanks boss for this reply. Its nerve calming.

bigjay01:


I believe there is still a manual element to EOD account reconciliation. Happened to me a few times. Sometimes within 2 hrs after close. On one occasion it was reconciled b4 SOB next day.

Thanks oga mi sir.

Which day Tony will do buy back of Transcorp shares ?.. I wish

maishai:
House, Can Someone breakdown this share buy back Dangote cement is proposing, Its the first of its kind in Nigeria..... Most Management thinks of is bloating Outstanding shares and robbing the retail investor of value........Aside bragging rights what are the directors and management seeing to enback on this move

Dangote Cement Plc’s Board of Directors has considered and agreed to recommend share buyback and reverse share split to its shareholders.

http://www.dangotecement.com/dangote-cement-board-recommend-share-consolidation-buyback/

With the above MEMO it simply means DANGOTE CEMENT COY is planning to do both SHARE BUYBACK and SHARE RECONSTRUCTION.

Uchetoba:
If you follow the steps I gave you, you will be able to wiew the bids and offers for each stock.

Ok thks. Will do that when chanced.

OBAGADAFFI:
Guys, has anyone use Trove to buy US stocks here?

Are you saying you didn't see my mention of you on CONTINSURE?
I'm deleting those mentions now. Thought you're eager to get your money back before, hence the copy. I expect acknowledgement at least.......but you no kuku send me work.
Maybe you already processed and got paid without informing anyone self.

No vex for saying this o.

pluto09:



What actually did puchercos do for WAPCO?
What was WAPCO price when he took over What is the price now
How profitable was WAPCO then and what is the situation now

You hit the nail on the head!!!

Ma, something tells me you have millions of units of Transcorp shares in your portfolio...2020 better be Transcorp year of great return...else...

TraDeRR:
Which day Tony will do buy back of Transcorp shares ?.. I wish

RabbiDoracle:


It is a trap o.

So be careful so that they don't sell on you.

RabbiDoracle is now operating an OBSELETE oracle

gamaliel9:




Somebody should answer this ooooo....what are we here for?

I discovered that some US stocks pay monthly dividends,some quarterly dividends but almost 10% or mostly less than than in dividend yields

u see! Where accountability they reign

gamaliel9:




Somebody should answer this ooooo....what are we here for?

I discovered that some US stocks pay monthly dividends,some quarterly dividends but almost 10% or mostly less than than in dividend yields

exxonmobil pays quaterly dividend the last time i checked and when checking on companies too in canada, there is a particular bank that pays quaterly too, i think it pays 75cent per quater

aremso:


exxonmobil pays quaterly dividend the last time i checked and when checking on companies too in canada, there is a particular bank that pays quaterly too, i think it pays 75cent per quater

Which bank is that if you don't mind?

Infinitisi:

Which bank is that if you don't mind?

i have forgotten for now but would check later

Mcy56:

Are you saying you didn't see my mention of you on CONTINSURE?
I'm deleting those mentions now. Thought you're eager to get your money back before, hence the copy. I expect acknowledgement at least.......but you no kuku send me work.
Maybe you already processed and got paid without informing anyone self.

No vex for saying this o.

Madam, no vex o

I replied back on some discussion, but I didn't see that of CONTINSURE.

Please don't delete if you haven't.

Just refer me to the thread.

Thanks.

You Know NSEMPA page move faster.

IF THEY HAVE NOT ... THEY MUST ...

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/27#85283245

Infinitisi:


Which bank is that if you don't mind?

BANK OF NOVA SCOTIA (TSE:BNS) DIVIDEND HISTORY BY QUARTER
Announced Period Amount Yield Ex-Dividend Date Record Date Payable Date
11/26/2019 quarterly $0.90 4.75% 1/6/2020 1/7/2020 1/29/2020
8/27/2019 quarterly $0.90 5.31% 9/30/2019 10/1/2019 10/29/2019
5/28/2019 quarterly $0.87 4.93% 6/28/2019 7/2/2019 7/29/2019
2/26/2019 quarterly $0.87 4.61% 4/1/2019 4/2/2019 4/26/2019

aremso:




BANK OF NOVA SCOTIA (TSE:BNS) DIVIDEND HISTORY BY QUARTER
Announced Period Amount Yield Ex-Dividend Date Record Date Payable Date
11/26/2019 quarterly $0.90 4.75% 1/6/2020 1/7/2020 1/29/2020
8/27/2019 quarterly $0.90 5.31% 9/30/2019 10/1/2019 10/29/2019
5/28/2019 quarterly $0.87 4.93% 6/28/2019 7/2/2019 7/29/2019
2/26/2019 quarterly $0.87 4.61% 4/1/2019 4/2/2019 4/26/2019

That means the dividend yield is close to 20% per year.
How can one invest in a company like this?

leo1234:

That means the dividend yield is close to 20% per year.
How can one invest in a company like this?

big money oooo, current share price is c$73.42

aremso:


big money oooo, current share price is c$73.42

How does a quarterly dividend yield of $0.90 translate to 4.75%?