leparj:

Titan Bank takeover of UBN shares.
Also got alerts for my UBN shares.

I have some UBN shares ooo. What should I do ?

yMcy56:
Morgan Capital is back!

Cc: Lancee

Thanks mcy

NB dividend received

key moving averages are trending up

RabbiDoracle:


The part in bold happened some minutes ago.


Dow gains 300 points as optimism grows after Powell signals smaller rate hikes ahead

https://www.cnbc.com/2022/11/29/stock-market-futures-open-to-close-news.html?__source=androidappshare


Boys, food is ready!!!

Just received Zenith Bank Dividend

Academy Press Plc posts N175m as profit in 6 months

Academy Press Plc on Friday published its Second Quarter report for the period ended 30 September 2022.

The company reported a turnover of N2.328 billion for the 6 months period, up by 10.39% from N2.109 billion reported the previous year.

Profit after tax declined year-on-year by 11.23% to N175.055 million from N197.197 million reported the previous year.

The earnings per share of the company for the period under review stood at 23 kobo.

At the share price of N1.27, the P/E ratio of Academy Press stands at 5.48x with earnings yield of 18.23%

essentialone:
I have some UBN shares ooo. What should I do ?

Upon all the UBN back and forth posts here?
Una try.
Think you have the option to sell on the floor before suspension is placed on it, because Titan already started payment of exit price to investors........
OR risk going with Titan.......and the risk includes forfeiting your shares eventually.

Mpeace:
Wow. Just opened my account. I didnt log in yesterday.
Mtn is really doing well. Atleast for the past two weeks.

Lots of cross deals recently.
Another 13M+ single crossing today again.
Think it's better to siddon jejely there and be watching what they're up to.

Meanwhile, lots of volume in FCMB @3.25 today....

yMcy56:

Lots of cross deals recently.
Another 13M+ single crossing today again.
Think it's better to siddon jejely there and be watching what they're up to.

The volume has been much. As far as mtn goes, the shares na for my children, the dividends na for me. Shikenan

House I ask again....any news on ARDOVA? Full bid again..

Princkez:
House I ask again....any news on ARDOVA? Full bid again..

See October 20 post below....

yMcy56:
ARDOVA
Initial and usual denial??
https://doclib.ngxgroup.com/Financial_NewsDocs/36963_ARDOVA_PLC%20ARDOVA_PLC_PRESS_RELEASE_19_OCTOBER_2022_CO.pdf

https://dailytrust.com/ardova-clarifies-position-as-femi-otedolas-zenon-oil-wins-19-2m-judgement-over-forte-oil-sale
..

Judgement already made in favour of Otedola and some news carried it that Otedola is set to take over ARDOVA..... but ARDOVA claimed issue is btw ZENON Oil and Ignite or so.
Some people may have inside info or be pro-active by buying aforehand, in case the odd goes against ARDOVA.
** Don't know if ARDOVA appeal the judgement or not
**No concrete pointer yet.......to the public at least.
** Thing is: Otedola is planning to come back to the downstream industry
** You can just keep tab of happenings here....

** Caveat: Not any form of advice. Just market update**

Ikeja Hotel on Full Bid

CITITRUST COMMERCIAL PAPER
No one is talking about investment in CITITRUST CP?
For those looking for less risk investment, food don land o.
Offer opens: 23rd November 2022
Offer close: 7th December 2022.....*extended to 21st*
Minimum amount: N5M only....
Contact: info@morgancapitalgroup.com

** CITITRUST plans to list on NGX sometimes this year....before, but guess 2022 won't work out for the listing again.

Welcome the index back above the cloud on the daily
Enjoy the ride

GTCO
Seems to be on its way to 21.....sighted @20.80...

FCMB
Huge volume @3.25...

essentialone:
Just received Zenith Bank Dividend

for which year? Interim or final? Please kindly be specific.

BigBashiru:


for which year? Interim or final? Please kindly be specific.

2022 interim

Year to Date, the Nigerian Stock Market has gained 12.73% ASI

If your portfolio is presently gaining 12.73%, you are at par with the market.

If your portfolio is presently gaining above 12.73%, you are performing above the market rate.

If your portfolio is presently gaining less than 12.73%, you are performing below the market rate.

But if your portfolio is presently at less than 0 percent, like -1%, -2%, -3%, -4%, -5%, -6%, -7%, etc.

Hmmmm, there is God ooo

This bull will end in Jan/Feb as usual
We will be back in 2024

This...

ositadima1:


It is like the person(s) has expended his arsenal, hopefully it start moving by normal forces. I bought small today.

Then this...

ositadima1:


From ur moniker i see u do R, SQL and python, with such skills u could develop ur own signals in ur spare time and come here for validation and quality control , there is a lot of data out there to play with.

U can check GTCO, it has been falling in a way that is not in tune with its performance. As mentioned here it could be dat some foreign investors are pulling out of it.

I thought it was a good buy 2 weeks ago, it still is. Its current closing price is below 15 percentile of its last 10years. Meaning that it is currently trading below 85 percent of all its closing price in d last 10 years.

The stock has maintained a growing revenue, pat, equity and eps in d last 10 years. Current dividend payout is above 15% (i think its currently topping d market). Pays dividends without fail annually.

Even if d seller(s) is not done pulling out, what ever price drop will be recovered as d market price in its many positives.

I advise u crunch the numbers and see for ur self.

Since d first post, Nov 14 or so, GTCO has returned roughly 26%. I am literally kicking my self for not buying more, should have put d whole emergency fund in it then.

@RSQLPython if u followed my advice your 10mil should be worth 12.5 Mil. Don't sell yet!

ositadima1:
This...



Then this...




Since d first post, Nov 14 or so, GTCO has returned roughly 26%. I am literally kicking my self for not buying more, should have put d whole emergency fund in it then.

To identify opportunity is easy
To put your two legs na the Koko
So much for diversification

ositadima1:
@RSQLPython if u followed my advice your 10mil should be worth 12.5 Mil. Don't sell yet!

What if you know that GTCo is still capable of returning � from this level, would you be motivated to put more money Lol

Agbalowomeri:


What if you know that GTCo is still capable of returning � from this level, would you be motivated to put more money Lol

I think GTCO still has some more, but comparatively their might be better opportunities at dis point, thouh d 25% move gives d choice to ride along with a trailing stop.

With a 10% trail stop worst case is he ends up with 12.5% gain overall which is not very bad. If price moves upwards another 10%, then he is sure of 23.8% and so on...

Agbalowomeri:


To identify opportunity is easy
To put your two legs na the Koko
So much for diversification

I put my 2 legs in nah, what was left was my emergency fund. Did i not try

ositadima1:


I think GTCO still has some more, but comparatively their might be better opportunities at dis point, thouh d 25% move gives d choice to ride along with a trailing stop.

With a 10% trail stop worst case is he ends up with 12.5% gain overall which is not very bad. If price moves upwards another 10%, then he is sure of 23.8% and so on...

Is Morgan Capital giving you this order type? Things our dear NGX needs to improve on.

yMcy56:

Upon all the UBN back and forth posts here?
Una try.
Think you have the option to sell on the floor before suspension is placed on it, because Titan already started payment of exit price to investors........
OR risk going with Titan.......and the risk includes forfeiting your shares eventually.

Just seeing the form now on https://cardinalstoneregistrars.com/wp-content/uploads/2022/04/MTO%20Acceptance%20Form.pdf

Please what is the implication of filling the form now and submitting same to CardinalStone Registrars?
and what is the implication of not filling the form?

Also those who still have Union Bank shares, is it still showing on your portfolio portal?

IYGEAL:


Is Morgan Capital giving you this order type? Things our dear NGX needs to improve on.

No, it has to be done manually.

Wapgod:

I did read the MTO offer document and the application form.
I also visited CardinalStone registrar Office at Sabo last two weeks.
Avoid assuming people are incompetent in financial matters and investments.

Okay, what in your fair view, would happen to the UBN shares of those minor shareholders who do not fill the MTO form to sell to Titan Trust?

Will Union Bank change its name to Titan Trust Bank?

Will NGX suspend the sales of Union Bank shares on the floor of trade?

Will NGX delist Union Bank from the Nigerian Stock Market?

VERITAS REGISTRARS
Please does anyone have link to Veritas E-Dividend mandate form online? That is, filling and submitting the form on their website?
Kindly provide the link please.

yMcy56:
VERITAS REGISTRARS
Please does anyone have link to Veritas E-Dividend mandate form online? That is, filling and submitting the form on their website?
Kindly provide the link please.

https://www.google.com/url?q=https://www.veritasregistrars.com/Downloads/new-e-dividend.pdf&sa=U&ved=2ahUKEwjZ4-GY49z7AhWJyIUKHT66CcAQFnoECAYQAg&usg=AOvVaw3UN4H8wY7b1Sj7Xzka9mrY

Got it from good old google.

yMcy56:
VERITAS REGISTRARS
Please does anyone have link to Veritas E-Dividend mandate form online? That is, filling and submitting the form on their website?
Kindly provide the link please.

No