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Nigerian Stock Exchange Market Pick Alerts - Investment (1006) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Yem0350: 10:58am On Aug 21, 2015
jauntty:
Do u use bank deposit or online transfer?

I want to use transfer , do I need to call them?
I usually use online transfer from my account (because my account name will reflect with the payment), then, send mail to deir customer care n copy the ceo.
Re: Nigerian Stock Exchange Market Pick Alerts by Michael11stock(m): 11:00am On Aug 21, 2015
Access you really hurt me why do u have to go whyyyy whyyyy cry cry
Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 11:02am On Aug 21, 2015
Michael11stock:
Access you really hurt me why do u have to go whyyyy whyyyy cry cry

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Yem0350: 11:06am On Aug 21, 2015
EVANSMED is on full bid as @ 11.06am
Re: Nigerian Stock Exchange Market Pick Alerts by Afo1k: 11:12am On Aug 21, 2015
Yem0350:
EVANSMED is on full bid as @ 11.06
@11.06 kobo abi
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:16am On Aug 21, 2015
angelo82:


What the Bleep is wrong with it.............Then they should pass it.............I really don't like the way FBNH is slowing those two stocks down..............


Access tryn to move up .. shld overtake FBNH if possible joor
Re: Nigerian Stock Exchange Market Pick Alerts by Afo1k: 11:22am On Aug 21, 2015
lancee:



Access tryn to move up .. shld overtake FBNH if possible joor
yes!!!! Access result bad gan

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 11:24am On Aug 21, 2015
The bull is no respecter of persons. Always be ready if u must make money.
Than u Access for paying for my Hawaii trip cool
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:31am On Aug 21, 2015
lancee:



Access tryn to move up .. shld overtake FBNH if possible joor

It should.........Maybe that will make FBNH to sit up.................
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:33am On Aug 21, 2015
angelo82:


It should.........Maybe that will make FBNH to sit up.................



grin grin..yeye elephant ..seems pple re selling zenith to enter Access, pls my people will you qualify for zenith dividend if u sell today
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:37am On Aug 21, 2015
lancee:




grin grin..yeye elephant ..seems pple re selling zenith to enter Access, pls my people will you qualify for zenith dividend if u sell today

Access is better considering the dividend yield vs the price at the moment...........
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:38am On Aug 21, 2015
angelo82:


Access is better considering the dividend yield vs the price at the moment...........



yeah , u re correct siir , the thing dey vex this morning
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:41am On Aug 21, 2015
lancee:




yeah , u re correct siir , the thing dey vex this morning

Patience is the key as per Access...........I have said it before if you remember that it reach 4.50k before it will rebound but thanks to their right issue it created a new low at 4 and here is the rebound...............Maybe FBNH will pay by March considering the fact that they are not raising money from right issue.................By next year,I won't by Access until it reach the final low.............

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 11:42am On Aug 21, 2015
zik4ever:

Be warned, forewarned and armed:
https://www.thecable.ng/seplat-petroleum-faces-another-year-falling-profit

Apart from ROE and drop in crude oil prices which are both temporal,what else is wrong with the fundamentals of this company? I would like to know. Besides, the EPS reported in the above link (N14.77) is not correct. Seplat EPS actually increased from N38.12 to N42.55 at the end of Q2 because you calculate EPS using total comprehensive income and not just using PAT alone.
Re: Nigerian Stock Exchange Market Pick Alerts by megainvest: 11:51am On Aug 21, 2015
Elai147:


Apart from ROE and drop in crude oil prices which are both temporal,what else is wrong with the fundamentals of this company? I would like to know. Besides, the EPS reported in the above link (N14.77) is not correct. Seplat EPS actually increased from N38.12 to N42.55 at the end of Q2 because you calculate EPS using total comprehensive income and not just using PAT alone.

There is nothing wrong with SEPLAT's fundamentals and that's why I wont take my eyes off it. The market sentiment is the problem with this stock. The world will come around to see it eventually just like Access. I fear no bear, the cheaper the better.
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 11:54am On Aug 21, 2015
Agbalowomeri:


The guy is in love with a stock destined for the gutters

Personally I think this is a good company to own for long term and if i can get it @N200 or less, I may include it to my long term stocks. Some brokers advised against buying FO and Nestle some years ago. But I would like to know from BnSiTL if there is any good reason why Seplat is a bad investment choice.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 11:59am On Aug 21, 2015
angelo82:


Patience is the key as per Access...........I have said it before if you remember that it reach 4.50k before it will rebound but thanks to their right issue it created a new low at 4 and here is the rebound...............Maybe FBNH will pay by March considering the fact that they are not raising money from right issue.................By next year,I won't by Access until it reach the final low.............


Oga Angelo,

Pls Am a newbie...

Should I buy access bank shares now or I should wait till maybe next week for the share to fall down to 4.0?
I want to benefit this their dividends....

Also how low do you think access share may fall after paying this dividend?

How will I notify access registrar (united security) that am a new access share holder if I buy the share today so that I will benefit this their dividends come September 3rd..



Kindly waiting for your answers...

Other stock guruys in the house, pls advise me...
Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:00pm On Aug 21, 2015
[quote author=Elai147 post=37184649]

Personally I think this is a good company to own for long term and if i can get it @N200 or less, I may include it to my long term stocks. Some brokers advised against buying FO and Nestle some years ago. But I would like to know from BnSiTL if there is any good reason why Seplat is a bad investment choice. [/quote

Oil price volatility is a great concern right now..................Americans will decide the fate of oil market at last...........I believe if power can change from DEM. to Rep.,oil market will experience a boom and price will rebound.............Try to buy low at least at 200naira or a little less and wait for 18months..............I believe it will pay off by then................Seplat management is not bad...............
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:01pm On Aug 21, 2015
ukay2:



Oga Angelo,

Pls Am a newbie...

Should I buy access bank shares now or I should wait till maybe next week for the share to fall down to 4.0?
I want to benefit this their dividends....

Also how low do you think access share may fall after paying this dividend?

How will I notify access registrar (united security) that am a new access share holder if I buy the share today so that I will benefit this their dividends come September 3rd..



Kindly waiting for your answers...

Other stock guruys in the house, pls advise me...
Thanks.

Access is not going back to 4 at least for now..........I think you should buy today at the best low price you can get because it will keep going up from next week.................
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:09pm On Aug 21, 2015
angelo82:


Patience is the key as per Access...........I have said it before if you remember that it reach 4.50k before it will rebound but thanks to their right issue it created a new low at 4 and here is the rebound...............Maybe FBNH will pay by March considering the fact that they are not raising money from right issue.................By next year,I won't by Access until it reach the final low.............



Who knows may not get that low again , i rem i sold my access around 10 naira last yr
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:10pm On Aug 21, 2015
SpongeBobSP:
...for long term investment,what stocks should I b looking @ now cos it sEems stock prices are generally low....I always fancied FBNH but dats jus cos my dad has always had it and it came 2 his rescue @ some point few yrs ago... smiley .... S̤̥̈̊Ơ̴̴͡ what Should I. B looking @ for long term investment...? #greenhorn

In the banking sector, the best long term stocks are GTB and Zenith. Access is also a good one in terms of dividend payment. GTB is stronger but more expensive. There is no need to own both GTB and Zenith as both are very much alike in performance strength and dividend payment. You can go for Zenith and Access as an undergraduate. If you have money you may risk FBNH but try not to get too exposed to banking stocks.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:12pm On Aug 21, 2015
lancee:




Who knows may not get that low again , i rem i sold my access around 10 naira last yr

Same cycle will be repeated..........By end of the year,I believe Access will 9naira................

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 12:17pm On Aug 21, 2015
The only way for access and UBA to move upwards is for fbnh to also move upwards from its current price. As long as FBNH is still down they won't move up as expected.
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:21pm On Aug 21, 2015
Born2berich:
The only way for access and UBA to move upwards is for fbnh to also move upwards from its current price. As long as FBNH is still down they won't move up as expected.


Yeye lazy elephant , doesnt want to move forward and blocking the way for hardworking stocks..i have converted it to longterm
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:26pm On Aug 21, 2015
@Angelo82, thanks for your contribution.

Biko wia is Moneysage? Is everything okay with ya portfolio Sir?
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:29pm On Aug 21, 2015
lancee:



Yeye lazy elephant , doesnt want to move forward and blocking the way for hardworking stocks..i have converted it to longterm

Elephant dey go home too @5.70..............After that run a race..................
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 12:29pm On Aug 21, 2015
Born2berich:
The only way for access and UBA to move upwards is for fbnh to also move upwards from its current price. As long as FBNH is still down they won't move up as expected.

Access will overtake FBNH one day. I remembered how Stanbic reconstructed their shares and vamoosed like Ben Johnson.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 12:33pm On Aug 21, 2015
pls house,

how can I notify access bank registrar that I have bought access bank shares now so that I will benefit this their dividends come September?
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:33pm On Aug 21, 2015
zendi:

http://www.nse.com.ng/Financial_NewsDocs/10741_ACCESS_BANK_-_HALF-YEAR_JUNE_2015_FINANCIAL_STATEMENTS_AUGUST_2015.pdf

Interim dividend or not, this result is superb and thoroughly beats expectation quarter to quarter.

Good result no doubt but do you have any idea if the capital raised was utilized in the 2nd quarter? If the bank did not receive the proceeds of the rights issue until after Q2, 2015, then I will consider the result superb. Note that EPS was based on pre-rghts OS. So I'm just wondering why the bank used pre-rights OS to calculate EPS when (or if) it received the proceeds in Q2. Post-rights EPS should be c. N1.08

My tumbum tumbum analysis grin grin

Disclosure: I hold units of this stock
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 12:38pm On Aug 21, 2015
ukay2:
pls house,

how can I notify access bank registrar that I have bought access bank shares now so that I will benefit this their dividends come September?

Their registrar is United Securities.............You will have to download their e-dividend form and submit to them or wait for Access to mail you your dividend warrant............You don't need to notify them that you have bought their stock................Thats the duty of the registrar and once you buy before the closure date,you will be on their register.......................
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 12:42pm On Aug 21, 2015
angelo82:


Their registrar is United Securities.............You will have to download their e-dividend form and submit to them or wait for Access to mail you your dividend warrant............You don't need to notify them that you have bought their stock................Thats the duty of the registrar and once you buy before the closure date,you will be on their register.......................


OK, I should submit the e- dividend form via my stock broker to their registrar before the deadline of dividend payment?
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:46pm On Aug 21, 2015
ukay2:
pls house,

how can I notify access bank registrar that I have bought access bank shares now so that I will benefit this their dividends come September?

You don't need to notify the registrar. Your information is passed on to the registrar by CSCS. But you may go ahead and request for a "Transfer form/signature mandate form" from your broker. The registrar MAY request for your signature specimen if they don't have it and it also depends on the warrant value. They might just post if the value is not much.

I stand to be corrected.

#modified

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