current price is the sweet spot, if the the bull is strong, max entry is 12-13naira for now.

otokx:


In your opinion, what is the maximum entry price for UBA?

Brokers are the real winners in this season as the gate holders

NGSE chart look cool today over 5% gain

62k is possible but don't expect straight rise o

UBA breaks good resistance levels 2018 high is possible

fingers crossed

In everything do your Due Diligence - Don't eat with all your fingers

reminisce on 2007, Janaury 2019 - Eyes open

currentprice:
UBA breaks good resistance levels 2018 high is possible

fingers crossed

12.80?

Sterling to pay interim dividend of 0.15k
https://doclib.ngxgroup.com/Financial_NewsDocs/38618_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-ANNOUNCEMENT_ON_DIVIDEND_PAYMENT_CORPORATE_ACTIONS_MAY_2023.pdf

What are the forces holding Wapco down. It doesn't seem to fly easily

EduC:


12.80?

This is not juicy.

What's holding FBNH result?

Princkez:
What's holding FBNH result?

I don ask tire.
We wait sha.
Anything less than N1 from dem as dividend
is a huge disappointment.
And will review my holding if it
happens

Princkez:
What's holding FBNH result?

Oga, are you not enjoying this bull?
Abeg let the result be .....for now...
I don't even want them to release it now, let them not come and spoil the good mood......in case it's not what we expect it to be ...
* What is N1 Dividend compared to the over N4 gain recorded so far?

Meanwhile, TinuBULL witnessed today....
As Nigerian equities recorded a whopping 5.2% gain today alone, with market cap around 30Trillion!!

https://nairametrics.com/2023/05/30/tinubull-as-nigerian-stocks-post-5-2-gain-after-inauguration-speech/

Hello House, please can someone explain the statement shown below?

dapix:
Sterling to pay interim dividend of 0.15k
https://doclib.ngxgroup.com/Financial_NewsDocs/38618_STERLING_FINANCIAL_HOLDINGS_COMPANY_PLC-ANNOUNCEMENT_ON_DIVIDEND_PAYMENT_CORPORATE_ACTIONS_MAY_2023.pdf

beejay1:
Hello House, please can someone explain the statement shown below?

The HoldCo is waiting for the bank (the company) to pay them interim dividend which will then be forwarded to the shareholders.
Abeg I no go grammar school Lol

Thanks...i thought this was meant to be the final dividend as stated in their 2022 audited FYS. So where is 'interim dividend' statment coming from.

Agbalowomeri:


The HoldCo is waiting for the bank (the company) to pay them interim dividend which will then be forwarded to the shareholders.
Abeg I no go grammar school Lol

yMcy56:

Oga, are you not enjoying this bull?
Abeg let the result be .....for now...
I don't even want them to release it now, let them not come and spoil the good mood......in case it's not what we expect it to be ...
* What is N1 Dividend compared to the over N4 gain recorded so far?

Meanwhile, TinuBULL witnessed today....
As Nigerian equities recorded a whopping 5.2% gain today alone, with market cap around 30Trillion!!

https://nairametrics.com/2023/05/30/tinubull-as-nigerian-stocks-post-5-2-gain-after-inauguration-speech/

OK.
Get ya point.
A gain is only a gain when u sell.
When u are holding for long term. U can't get the N4 gain except u sell off.
For traders. Yes
But for me. I want to see that result and review my investment in fbnh.
Anyway, All to his own and what works for them.

It's final dividend payable by the bank to its shareholder(s). Now, the holco is only shareholder to receive it from the bank, and then pay as interim dividend to shareholders of its (holdco's) shares now listed as Sterlingng.

My confusion is the 'qualification' date of 19th May stated there. Does it mean those who held Sterlingng shares as at 19th May will receive the dividend or a future qualification date (as usual) would be announced? Or the date applies to Sterlingng as only shareholder of the bank? More insights, please.

Accesscorp did a better job at communicating their similar scenario.

beejay1:
Thanks...i thought this was meant to be the final dividend as stated in their 2022 audited FYS. So where is 'interim dividend' statment coming from.

emmanuelewumi:
N2.1 billion worth of GTB shares traded today.


N1.9 billion worth of Zenith Bank shares traded today

But GTCO did not do 10% which is strange

ojeysky:


But GTCO did not do 10% which is strange

It doesn't matter.


Offers might just match bids irrespective of the quantity or value of the stock traded

Opsylo:


Megawealth01 ,locodemy, thanks for the word of encouragement really really appreciate you guys my 50million of Chams is moving.bought at .20k,21k,.22k last 2years I nearly sold it off, but you guys encourage me.ahh ahhh

Oya come do tithe abi na thanksgiving

Nice play with words. Patience is a virtue.

Na wa o

Accordingly to Stanbic IBTC Stockbrokers market review, today's gain is the biggest in 30 months and the second biggest in 7 years

Upon the liquidity in the market, just 57k worth of MRS shares was traded today.


Investors need to consider the liquidity of the stocks they hope to buy, e get why.

Any stock that didn't do N5 million worth of transaction today can be termed illiquid.


Any stock that didn't N1 million worth of transaction today can be termed highly illiquid.


Yet we still have some stocks that did have any transactions today, so they didn't appear on today's pricelist

Not advisable to put substantial funds into such stocks in order to avoid being stucked.


My opinion

emmanuelewumi:
Accordingly to Stanbic IBTC Stockbrokers market review, today's gain is the biggest in 30 months and the second biggest in 7 years

If today's outcome is indeed an extreme event, one that hasn't happened in a long time, what is the likelihood that it will be sustained at the same pace?

It's possible that this whole thing is just a flash in the pan.

Caveat emptor: let the buyer beware.

emmanuelewumi:
Any stock that didn't do N5 million worth of transaction today can be illiquid.


Any stock that didn't N1 million worth of transaction today can be termed highly illiquid.

Not advisable to put substantial funds into such stocks in order to avoid being stucked.


My opinion

Substantial or not to trade in it at all?

emmanuelewumi:
Accordingly to Stanbic IBTC Stockbrokers market review, today's gain is the biggest in 30 months and the second biggest in 7 years

Nbst....
Stocks, bonds....

https://www.nairaland.com/7709307/stock-market-response-statistics-new
https://www.nairaland.com/7708876/nigeria-bonds-rise-after-tinubu

yMcy56:

Nbst....
Stocks, bonds....

https://www.nairaland.com/7709307/stock-market-response-statistics-new
https://www.nairaland.com/7708876/nigeria-bonds-rise-after-tinubu

Maybe to make comparison complete, they can add after declaring winner. I remember that there was massive bull in 2015 after declaring Buhari winner

Agbalowomeri:


Substantial or not to trade in it at all?

I don't trade in them, but such stocks are very popular on NSEMPA.

They are some of the undervalued stocks discovered by some of the in house analysts.


I look at the Risk, Reward and Liquidity before I buy any stock

ositadima1:


If today's outcome is indeed an extreme event, one that hasn't happened in a long time, what is the likelihood that it will be sustained at the same pace?

It's possible that this whole thing is just a flash in the pan.

Caveat emptor: let the buyer beware.

I am hopeful that the week will be 12% up

emmanuelewumi:
Any stock that didn't do N5 million worth of transaction today can be termed illiquid.


Any stock that didn't N1 million worth of transaction today can be termed highly illiquid.


Yet we still have some stocks that did have any transactions today, so they didn't appear on today's pricelist

Not advisable to put substantial funds into such stocks in order to avoid being stucked.


My opinion

I discovered some didn't have up to 5m transactions yesterday but fall on the 10 10% category.Such stocks will go far if the bull continues.When Ftn cocoa started, it was doing below 5m daily transactions but on full bids.It has done 200% already and still counting.More are towing same footsteps