CashDiMkpa:
Another noteworthy experience in the analogue era is exactly the scenario you painted although in this case i placed order about 2 days before qualification date and broker said he bought. About a year later when i went to Registrars for unclaimed dividend they said i had none. I went back to broker and saw from my statement that they didn't buy till weeks later. Infact money i had given the so called staff didn't get into my account till the day they bought. I knew the guy had played a fast one and collected my dividend from him with threat to report to his bosses.

Many here can guess the broker. They have been mentioned here in last few days.

I like your moniker, cashdimkpa

Beke2020:
Goodmorning house,
Pls I need clarification on this. If Ucap close today at N3 and on Monday the ref price is N2.50k meaning it's been marked down. If I sell same day(monday), will I still be paid dividend?

Many thanks in advance

You can't get dividend if you buy on Monday, if you are interested in dividend you have about 2 hours to buy

For newbies and the cap preservation gang, you can buy Lawunion if you wish to.
Your capital plus some change on top is guaranteed.
It's currently selling at N1.01 and the new investor is paying N1.23kobo. Try and see if you can get below N1 but up to 1.05 is not that bad too.
Cardinal Stone is their registrar. Once you buy start processing you e-dividend right away.

Thanks, I already have the stock. My question is if I sell same day price is marked down. Will I still qualify for dividend?

emmanuelewumi:


You can't get dividend if you buy on Monday, if you are interested in dividend you have about 2 hours to buy

How will a London IPO of Dangote Cement affect local Nigerian investors in terms of share price increase and dividend.............

CashDiMkpa:
Another noteworthy experience in the analogue era is exactly the scenario you painted although in this case i placed order about 2 days before qualification date and broker said he bought. About a year later when i went to Registrars for unclaimed dividend they said i had none. I went back to broker and saw from my statement that they didn't buy till weeks later. Infact money i had given the so called staff didn't get into my account till the day they bought. I knew the guy had played a fast one and collected my dividend from him with threat to report to his bosses.

Many here can guess the broker. They have been mentioned here in last few days.

The likes of Newde....

Mcy56:
For newbies and the cap preservation gang, you can buy Lawunion if you wish to.
Your capital plus some change on top is guaranteed.
It's currently selling at N1.01 and the new investor is paying N1.23kobo. Try and see if you can get below N1 but up to 1.05 is not that bad too.
Cardinal Stone is their registrar. Once you buy start processing you e-dividend right away.

when are they paying please?

emmanuelewumi:
You can't get dividend if you buy on Monday, if you are interested in dividend you have about 2 hours to buy

Sir, I think he's in the bus already, just asking if he can sell.
@beke2020 Yes you can sell after markdown and you'll still collect your dividend.

yom2:
when are they paying please?

No info yet.
"Further details will be communicated to shareholders of the company in due course".

Mcy56:

No info yet.
"Further details will be communicated to shareholders of the company in due course".

make e no be like that suffering trust insurance own o. Me don tire for these naija things

emmanuelewumi:


You can't get dividend if you buy on Monday, if you are interested in dividend you have about 2 hours to buy

the Oga wants to sell not buy if I understand his question.

yom2:
make e no be like that suffering trust insurance own o. Me don tire for these naija things

Which one is that?
Anyway, this one can't be like that. It's going to be like the Continsure and still better pass in terms of timeframe......so I believe.
Seems Pa Emma even said they MIGHT still review the offer price up. If done that will be a bonus to shareholders.

Access Bank Discontinues Old Diamond Bank Cheques
https://businesspost.ng/banking/access-bank-discontinues-old-diamond-bank-cheques/

Traders Lose Appetite for CBN's 89-day, 180-Day OMO Bills
https://businesspost.ng/economy/traders-lose-appetite-for-cbns-89-day-180-day-omo-bills/

Oil Slips as OPEC Wants Further 1.5 Million Barrels Per Day Cut
https://businesspost.ng/economy/oil-slips-as-opec-wants-further-1-5-million-barrels-per-day-cut/

Banking Stocks Keep NSE in Green, Investors Gain N5bn
https://businesspost.ng/economy/banking-stocks-grow-investors-portfolios-by-n5bn-thursday/

Value of Naira Falls for 4th Straight Session at Investors' Segment
https://businesspost.ng/economy/value-of-naira-falls-for-4th-straight-session-at-investors-segment/

CHAMS...On full bid,any info

Afriprud:
Qualification date is also today 6th March.
Final dividend: 70kobo
Payment date: 23rd March 2020
Registrar: Africa Prudential Plc.

Did anyone see the Wapco crossings at 13.70/13.75?

Who was that person waiting for MTN at 100 naira, food is almost ready.

Beke2020:
Thanks, I already have the stock. My question is if I sell same day price is marked down. Will I still qualify for dividend?

You will get dividend, but you can only sell at a price less than 50k from Friday's closing price

Mcy56:
For newbies and the cap preservation gang, you can buy Lawunion if you wish to.
Your capital plus some change on top is guaranteed.
It's currently selling at N1.01 and the new investor is paying N1.23kobo. Try and see if you can get below N1 but up to 1.05 is not that bad too.
Cardinal Stone is their registrar. Once you buy start processing you e-dividend right away.

The issue is that no one knows when the buyersd are going to pay

please house any news about gtbank

Jejebabaa:
Who was that person waiting for MTN at 100 naira, food is almost ready.

mtn everywhere you go.from 98 naira will be sweet.The qualification date of 4.5 is still far(April 17),

DOLLARTEX:
I like your moniker, cashdimkpa

Na soooo....

yom2:
when are they paying please?

Payment is a still long way off o. Shareholders first to have approve in AGM to hold in 90 days or thereabouts. Give another 45 to 90 days for all the approval from SEC, NSE and court ordered meeting (if applicable).

Valueinvestor:

Hmmm,ucap that we will still buy below 2 later in the year

N1.50 first target price

Mcy56:
For newbies and the cap preservation gang, you can buy Lawunion if you wish to.
Your capital plus some change on top is guaranteed.
It's currently selling at N1.01 and the new investor is paying N1.23kobo. Try and see if you can get below N1 but up to 1.05 is not that bad too.
Cardinal Stone is their registrar. Once you buy start processing you e-dividend right away.

This is confirmed information and timely as well. I have confirmed from reliable sources. Thanks for this heads up but its scarce in the market

Agbalowomeri:
Brent scary at 47

Devaluation looming

Thank you ma'am

Mcy56:

Sir, I think he's in the bus already, just asking if he can sell.
@beke2020 Yes you can sell after markdown and you'll still collect your dividend.

scarphase:


This is confirmed information and timely as well. I have confirmed from reliable sources. Thanks for this heads up but its scarce in the market

just place your bid at 1.02 and wait for 10mins.The mysterious supplier will serve you food together with a cold beer.

I can't wait to buy more units of my sexy Zenith Bank for dirt cheap after the markdown.

CashDiMkpa:


Payment is a still long way off o. Shareholders first to have approve in AGM to hold in 90 days or thereabouts. Give another 45 to 90 days for all the approval from SEC, NSE and court ordered meeting (if applicable).

boring. That's why I said this buiz is best for multi billionares like u guys

Wapco is getting more attention today, maybe result is around the corner.