mendes911:

Where is Bomboclad? No one has heard from him in days now. Let him come and give us direction once more.

leo1234:
UBA paid 1 naira dividend!

Mcy56:

Could it be interim + final?

emmanuelewumi:
I am now expecting between 85k and 95k final dividend.
Although N1.00 dividend won't be bad. UBA will pay higher than what Afriprud declared

emmanuelewumi:



I am now expecting between 85k and 95k final dividend.

Although N1.00 dividend won't be bad.

UBA will pay higher than what Afriprud declared

Mcy56:

That will be a relieve sir.
We're awaiting the result.

Agbalowomeri:


UBA always disappoint in dividend payment

emmanuelewumi:



Far better than Access Bank, Fidelity and FCMB and their audio earnings

Marlianvestor:


Yes o! February is the making-it-happen month for rallied stocks. Peak of rally the last 3 years has always been in February, meaning the month of taking money off the table! It pays to be cash-heavy going into the month of March so as to cherry-pick rebounding stocks against Q1 reporting. My 10 Kobo opinion, though!

Mcy56:
All the fat people keeping their money under mattress, I wonder when they intend making something with it if not now.
Maybe after the earning season sha.
As for me, I'm seriously considering becoming an investor in near future, reading some encouraging posts here these days.
Wouldnt need to be coming to the market everyday again.

Just thinking out loud.

Agbalowomeri:


That time when you just go read bullish engulfing
Then coronavirus chop ya greenbar to inverted hammar
You come jejely limp home

RabbiDoracle:
Folks,stay on Dividends paying stocks. You will be relaxed getting dividends and still have your capital appreciation.
As price falls and it tends to give you a higher DY, keep buying if you have cash. This was same thing that played out around 2016 - 2017 and afterwards end of 2017 was the game changer. I see that repeating again.
Dividends are yielding more than Tbills. So use your tongue to count your teeth.

Mcy56:
All the fat people keeping their money under mattress, I wonder when they intend making something with it if not now.
Maybe after the earning season sha.
As for me, I'm seriously considering becoming an investor in near future, reading some encouraging posts here these days.
Wouldnt need to be coming to the market everyday again.

Just thinking out loud.

emmanuelewumi:
If you don't have the temperament of an investor please don't try it. Stick what you have the temperament for.
You can try a blend of both by having another account basically for investment.

Mcy56:

Searching for an info and stumbled on this post.
I wonder what's gone wrong now.

Mcy56:

Thanks sir. This seems better.

Marlianvestor:


Nice perspective....

Re. sustainability of double digit yield, Meffy would do - whatever it takes - to sustain the carry trade for FPIs cos he desperately needs their $ inflow to sustain the FX rate. Reason for his aggressive floating of the 5-year FX futures contract so as to tempt them not to bail out but stay in the mkts since the short-tenored OMO bills are maturing fast. So with the guaranteed dollar rate @ Yr 5 end, the next best carry trade move for FPIs will be the longer-tenored FGN bonds, but the yield is still low for now. So watch out for rising yield - and the rising yield will probably come from CBN's fire-fighting effort to curb the rapidly increasing inflationary pressures (CRR tightening as we are seeing, MPR Hike etc), all these to prevent currency weakness

Re. Global recession, a different ball game entirely o! Folks have been harping on this global recession since 1st year of Trump, but markets still trading near all time highs with occasional sell-offs and bouncing back... The main danger to me re. global mkts, is the uncertainty surrounding the Corona Virus and its intending impact on businesses and economies, going forward. As you know, mkts can deal with good news, mkts can deal with bad news but mkts cannot deal with uncertainties - The scaring point re. global mkts!

But first things first re. our 9ja mkt... the imminent headwinds - Q1 2020 results (incl FY 2019 results of FUGAZ) with sharp eye on oil price movement...

DeRuggedProf:
I will quote you during the next bull.......
Some are investors by nature, some are inducted through compulsion and bear entrapment.

Mcy56:

Searching for an info and stumbled on this post....July 03, 2009.
I wonder what's gone wrong now.

DeRuggedProf:
Go back to your stand, something is escaping our attention.
Why are they printing UBA shares

Mcy56:

Thanks sir. This seems better.

Mcy56:

Panic selling by uninformed investors.
Shaking off weak hands.
Na my own I talk oo.

Marlianvestor:


My uncertainty fear then re. downward spiralling on businesses and their earnings going forward... Global mkts scatter big time, but sell-offs will be tempered cos global markets still swivelling with loose funds looking for yield desperately.... How I wish we have gotten our house in order here in 9ja with well-articulated growth-centric policies (like during OBJ tenure) and not these anti-business flip-flopping policies, then over $100b of these loose global funds would have found their way into our mkts seamlessly. Such a pity this PMB socialist-centric admin.... O da capitalism mo!

Mcy56:

Panic selling by uninformed investors.
Shaking off weak hands.
Na my own I talk oo.

sellydion:
I will also add that you develop what makes you money.
Overtime you would be good at it.

RabbiDoracle:
Try and buy more na. Help us move the market.

Mcy56:

Panic selling by uninformed investors.
Shaking off weak hands.
Na my own I talk oo.