History555:


It might actually be less than 1 million considering that less than 3 million Nigerians have 500k and above in their bank accounts irrespective of number of accounts based on bvn

According to SEC, about 5% of the population have investments in the capital market.

You can start Investing in the capital market with as little as N5000.

emmanuelewumi:


According to SEC, about 5% of the population have investments in the capital market.

You can start Investing in the capital market with as little as N5000.

That will be about 10 million people.
Can you please provide a link to support this assertion as I seriously doubt that figure.

emmanuelewumi:



It is the cheapest in the sector, followed by Dangote cement then BUA cement

With due respect, I assume ur metric is based on stock price(not product price). Hence, I think BUA should be cheaper than DangoteCem in that order.
Just for clarity sir if I am not mistaken. Just trying to learn and build confidence and firm assertion around it.
We all value your input here sir!

Hmm.... ftncocoa is anything is brewing

Hi guys,

Please what is the best entry price for UACN without the unbundling?

I am assessing whether to purchase more UACN shares at current price and will appreciate your opinions.

Chimex388:

With due respect, I assume ur metric is based on stock price(not product price). Hence, I think BUA should be cheaper than DangoteCem in that order.
Just for clarity sir if I am not mistaken. Just trying to learn and build confidence and firm assertion around it.
We all value your input here sir!

Not based on share price ooo

History555:


Bought lafarge at 10.2 during lockdown. Since then price has gone up to 22 and refuses to move higher. The last time i bought lafarge was 59 sold at above 100 b4 it fell massive and remained so. I hope it gets to 100 again

It got to 30 this year

pluto09:



That will be about 10 million people.
Can you please provide a link to support this assertion as I seriously doubt that figure.

This is the screenshot from a lecture given by the DG of SEC in 2011

According to the report it was 230,000 Nigerians that invested in Mutual funds in 2010 with a total asset under management of about N100 billion.

Fast forward to 2021 about 500,000 Nigerians now have investments in Mutual funds with a total asset under management of over N1.5 Trillion


It be safe to say if 5 million invested in the capital market when the population was 150 million

With the numerous investment education by SEC, NSE, Stockbrokers and stock trading apps, coupled with increase in the population the conservative estimate should be 8 million.

emmanuelewumi:



Not based on share price ooo

OK.. Am clear. This stock analysis and deduction of a thing can be confusing at times.. Thanks

https://doclib.ngxgroup.com/Financial_NewsDocs/34027_ZENITH_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2.pdf

Chimex388:

OK.. Am clear. This stock analysis and deduction of a thing can be confusing at times.. Thanks

At times a N5.00 stock can be more expensive than a N50.00 stock

emmanuelewumi:



At times a N5.00 stock can be more expensive than a N50.00 stock

Yes, very common in a bull market when speculators are in full action.

https://doclib.ngxgroup.com/Financial_NewsDocs/34027_ZENITH_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_2.pdf



Zenith result

https://doclib.ngxgroup.com/Financial_NewsDocs/34028_ZENITH_BANK_PLC%20ZENITH_BANK_PLC_%20__CORPORATE_ACTION_CO.pdf


Zenith cooperate action.
Interim dividend of N.30

emmanuelewumi:



At times a N5.00 stock can be more expensive than a N50.00 stock

Noted...Thank you Sir!

phemmie06:
https://doclib.ngxgroup.com/Financial_NewsDocs/34028_ZENITH_BANK_PLC%20ZENITH_BANK_PLC_%20__CORPORATE_ACTION_CO.pdf


Zenith cooperate action.
Interim dividend of N.30

when are they paying?

MTN Dividend landed 2day...
More grace...

robobo:


when are they paying?

Qualification date: September 10
Payment date: September 20

robobo:


when are they paying?

Payment Date: 20th September
Qualification Date: 10th September

phemmie06:


Qualification date: September 10
Payment date: September 20

What If CBN don't approve the result cos what I see is interim, not audited result

Mpeace:
What If CBN don't approve the result cos what I see is interim, not audited result

It has gone beyond that stage, if not approved it won't be released to the public.

Jerekre:

Payment Date: 20th September
Qualification Date: 10th September

Thank you

phemmie06:


Qualification date: September 10
Payment date: September 20

Thank you

Mpeace:
What If CBN don't approve the result cos what I see is interim, not audited result

All unaudited Q2 results has latest 31st of July to be released while audited has 31st August as the last day.
The Zenith result and the remaining banks results are all audited.

The result is audited interim result, it has pass through the CBN already hence the delay

waiting patiently for UBA......... any disappointment from them and i will pitch all my tent with zenith

maishai:
waiting patiently for UBA......... any disappointment from them and i will pitch all my tent with zenith

Me : waiting for Access and Fidelity. No Dividend expected from Fidelity though just a wonderful result

emmanuelewumi:



Why are you buying? Is it for capital appreciation or income.

Income increased by just 60% in the last 10 years, which is not good enough

Meaning an investor who got a dividend of 100k in 2011 got just 160k in 2021

Thank you i am always a long time investor ...any shares i can look at that you can suggest

emmasoft:


All unaudited Q2 results has latest 31st of July to be released while audited has 31st August as the last day.
The Zenith result and the remaining banks results are all audited.

The result is audited interim result, it has pass through the CBN already hence the delay

Nothing written on the result to show it is audited.

Mpeace:
Nothing written on the result to show it is audited.

Haba, it is audited. Banks that pay interim dividends must have their H1 results audited

Mpeace:
Nothing written on the result to show it is audited.

Check the pg 27 of the report...
Their is a section for PWC ...
On the audit of the interim report..

Thanks for your contributions in recent times . I've learnt a lot. I look forward to your comments once I open this page . Madam mercy too, even though she dey small sabbatical recently


At times a N5.00 stock can be more expensive than a N50.00 stock[/quote]