₦airaland Forum

Biafran4life:
Oga no vex watin dey happen because I am not seeing it oh

Bro abeg free that bros. Na same question I ask wey make am dey write epistles.

I thought I could learn a thing or two from him with all the audio experience but all I got was insults. Never again

samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/35229_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20_AUDITED_FINANCIAL_.pdf

2.70 final dividend

Not bad, we go manage am like that

GANDALF1:
Still Buying. Unlimited liquidity

I actually had a limit order in for a few shares but it did not fill, everyone holding tight to their shares.

Make I give you chance, because it appears you're catching feelings

GANDALF1:
Posted this in Jan. For any one who heeded to this call and bought Zenith today, you will have made good capital gains and also gotten registered for a good dividend.

Plan your trade

If anyone had listened to you, they would have gone 100% cash like you did. Why are you trying to take credit when they did the opposite of what you suggested?

moneymanager:
Over $50 chai, Why now?
There are gas and diesel pumps in the USA
Gas has three prices and usually $20 - $35 at the most (and diesel falls in that category also) will fill your tank (the higher range is even for higher grade gas not like naija)

Pls let’s not embellish reality

According to triple A, the current average price of REGULAR gas in the USA is $3.65/gallon.

The tank size of an average sedan in the USA is 16-20 gallons.

Therefore, $3.65*17=$62.

Based on these numbers, MoneyManager you’re wrong. Nigerialabalaba is right.

I chose to go with averages because these are numbers any one can easily verify.

GANDALF1:
No need reminding me in 30days sir. We no dey do competition

I hope the smart ones have started buying a great prices today.

More to come

Last month alone, my portfolio was up more than 4.5%.... Today's drop of around 1% is nothing.

You're right about the great prices today, I purchased a few shares of Wapco today. Hoping prices go lower, so I can continue my accumulation

Dangote sugar couldn't even match dividends from last year. This one wound me wella.

Biafran4life:
Some of this companies self. You declar result in Feb while qualification date will be may and payment June.That is like half of the year gone

I always thought the same as well, everything in Nigeria moves like a snail.

GANDALF1:
You seem to have more information than I do so you are in control of your investments bro

Alright. I’ll remind you again of the coming doom in another 30 days

GANDALF1:
Have you ever asked yourself why the government keeps borrowing despite rising oil prices?

Nigeria is a net importer of refined crude as of today and its not gonna change in 2022 at least.

Hence, Nigeria will continuously run a deficit balance as oil prices continue to rise because it must increase its subsidy of PMS and that will continue to erode whatever gains it makes by exporting crude.

Added to this, Nigeria's Crude production volume keeps dropping despite increased allocation (check OPEC). It will even profit Nigeria more at this point, for crude prices to drop, else riots will break out soon when government is unable to subsidize any further.

To respond to your question, I stopped asking myself that question. The reason I stopped is because like Nigeria, the rest of the world continue to borrow at alarming rates.

Now, can you please answer my question? Is the oil about to dry up or has your thesis changed from that? If thesis changed, can you please let me in on the secret sauce? Like you, I am trying to protect the investments I have in NSE. If you know something, please share

GANDALF1:
Might be less. I am forecasting 50k final year, to make the total dividend for 2021 80k

Reasons Tony gave for reduction in dividend is still there. CBN wants to stop USD sales to banks and Tony is interested in amassing USD assets and paying down USD liabilities with the retain profits.

Zenith just confirmed my fears that it is only a matter of weeks now for the royal tumble.

Is the oil about to dry up? That was the reason you gave for going all cash about a month ago. Maybe you have a new thesis as to why we are about to crash?

ZikkyChops:
Zenith bank 2.80k final dividend. Impressive

Not! I was expecting N2.9. 3% increase is not good enough imo, they need to do better

2zona:
This Russian/Ukraine war is getting intense oo, hoping that bears will not begin to show face and ravage NSE market ooo. May God intervene and save us all.

I hope they do, I wan't the upcoming dividends to buy me a lot more shares

Ades1:
Got my Stanbic bonus around October or November

Yes, First Registrars emailed me asking which brokerage I would want bonus sent to. After my response, it took about a month

OBAGADAFFI:
Any news about Cutix and Stanbic Bonus?

Got my Stanbic bonus around October or November

OBAGADAFFI:
Stanbic will deliver.

You know Stanbic is a combination of Banking and Investment.

I hope so because that's not the sentiment being shared here, time will tell

I knew something was brewing when employees of UCAP were loading the stock hand over fist late last year. Every time I check the NGX disclosure website, there is an insider buy update! I wish I had more UCAP but I believe more buying opportunities will come.

Another company with massive insider buys is Stanbic, hopefully Stanbic will surprise with decent dividend payment.Fingers crossed

Dividend of N1.50 at current price represents a staggering 12.5% yield. To all the profit takers, I will be buying hands over fist next week. Make I go fill out my loan application

emmasoft:
https://doclib.ngxgroup.com/Financial_NewsDocs/35138_UNITED_CAPITAL_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_20.pdf

Dividend N1.50

Wow!! Thank you very much UNITED CAPITAL! More future 110% dividend raises!!!

OBAGADAFFI:
UCAP was a subsodiary to UBA.

UBA is N8.40 while CAP is N12

We care too much about the price of a stock. It doesn’t really matter what the price of a stock is, what matters is the shares outstanding and market cap. Can’t be comparing UCAP to UBA when UCAP is less than 1/4 of the size of UBA.

That said, I am going to need UBA to fly soon! I had so much faith in this bank when I started investing about 2 years ago.

emmasoft:
According to their notice in December the board meeting of UCAP was yesterday, most likely the result is already seen by some insiders

Meeting was actually on the 14th! Surprised it’s not been made public. The person in charge is probably taking their sweet time smh.

Princkez:
Ucap on full bid @12

Someone knows something, I think. We’ll find out soon

emmanuelewumi:
Are you expecting from any company?

I was expecting UBA to post an update. UCAP to post the outcome of their meeting including dividend info

BabsO2:
What is happening to corporate disclosure. The last update was on the 11th Feb

before the site went down
https://doclib.ngxgroup.com/Issuers-section/corporate-disclosures/company-results

or stopped updating
https://ngxgroup.com/exchange/data/corporate-disclosures/

I was wondering the same. Not surprised though, just hoping it is the normal Nigerian tradition of incompetence and not someone deliberately withholding info to allow people enter or exit

Biafran4life:
Pls what is the too much info on public forum here. All I see here is just amount and units of shares. How can this expose one to any evil. I don't see any personal information here. Pls I am of the old school.What is it that I am missing so that I could be guided too.This was how I read here that one way to protect yourself from bank scam was to place lock on your sim card. I tried doing it in December behold my line was blocked.And I need puk no to open it.And don't remember whr I kept the
pack since it was the time mtn chop us mugu I bought the sim.I didn't find the stress of getting it unlock funny,lol as I had to go to mtn office twice.

I tire .

GANDALF1:
Thats a good strategy you have there. and you are correct about me not buying anything at the moment. Instead I exited my UBA position today and I am now 100% in cash.

NSE has exceeded its known resistance and is beginning to show weakness in volumes. Dont forget that it is local liquidity that is driving the markets now. So I need people like you to buy and hold.

Once the fuel dries, the prices will drop back and I will buy low while you will be trapped and might stay trapped because it might take you one year to bail.

������ no be only trapped, na trapped in the closet. Bros continue with your technical analysis, while I continue my investing. In 12-15 years we will see how far.

GANDALF1:
This is not a buyers market. I will advise you hold your cash for a while as the market will soon tank as usual.

With the global economic apprehension surrounding rate hike (to which Nigeria is not immune) and noting that this is a year to general elections, if you hold positions, this is the time to sell and wait.

Once the euphoria surrounding year end results ends, the index will platoon and range till first quarter results filter in at the end of April after which some of the prices you see today will be gone till January 2023 at its earliest or after elections in Feb/Mar2023.

With this kind of mindset you may never buy anything oh. Some of the big banks GT and Zenith are still at reasonable prices. I still bought a tranche of Stanbic last week. My own na to buy and wait, that's all I can control. I have no control over rate hikes or who wins elections

yMcy56:
MTNN
Final Dividend: N8.57k
Qualification Date: 6th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_Final_Dividend_Information_FY_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34946_MTN_NIGERIA_COMMUNICATIONS_PLC%20_AUDITED_FINANCIAL_STAT.pdf

Sooooo, invariably, UCAP is not the first Coy in 2022 to release result in 2022 .........
We hope it's for a more better deal...........
**Update to previous post**

COURTVILLE
Board meeting outcome is out, no mentioning of delisting in the document uploaded yet.........

MTN sha! Another 45% increase to the dividend like it is nothing. My hope is that they continue this for another 10-15 years, that is when I plan to start cashing out!

IYGEAL:
Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

very true but the ones who come here to make noise don't know anything about shorting. Most are limited by the fintech apps they use.

gbengafaro1986:
Has anyone noticed Team US STOCKS never show face in like the last one week Dem don dey chop breakfast like this

It's been minus 1% everyday in like the last 7-8 trading days. US markets slaughtering every investor lol

emmanuelewumi:
There is no bank with a dividend payout ratio of 75%.


It is usually between 45% and 50%.

Banks like FCMB and Fidelity have a dividend payout ratio of less than 30%

Thanks for the honorable mentions of FCMB and Fidelity. Time to check them out and possibly add them to the portfolio.

BabsO2:
Based on their Q3 results their EPS will likely drop from about N7 to about N5 in 2021 full year. Even if it drops to N4 will CBN stop them from paying total dividend of N3. As the drop is most most likely temporary.

Right, imo, I don’t think CBN will do that. En earning of N4-N5 should allow them pay out N3. They may not allow them increase the payment though.

I personally think GT will continue to match Zenith in payments for now. This is just an opinion of mine, there is no DD to back this up