UBA AGM has just ended

waiting for the alert ...

Ucap alert received @0109hrs

thesilentone:
RabbiDOracle, the UK Chancellor has just guaranteed £50k loans for small businesses with no interests or capital repayments due for the 1st year - folks are about to be awash with money. I can't see a reason why some of these won't end up in the NSE. Somebody's interpretation is free £50k for at least the first year that the right opportunities in the NSE might bring.

Oh boy! They have increased the ante. The offers plenty oooo. Lots of 0% 36mths money offers from credit card companies.

Timing and utilisation are the koko.

Uchetoba:
Covid-19: Why is it that nobody has recovered in Britain?
Over 100k case, Over 13k death and 0 Recovery.
Why is their own case so different?

This is ill informed! We recover in the 000s but not publicised. Emphasis is on confirmation and fatalities. Don't ask me why

emmanuelewumi:



The pilots will be kept in the prison for another 12 days, while the police is continuing with their investigations. And the magistrate granted their request without giving them the option of bail while the investigation is going.

The judiciary in Rivers is something else, we know what happened between Kemi Olunloyo and a Popular in that same Rivers State

Ok na,
High court will overrule magistrate court (lower court)

http://www.nse.com.ng/Financial_NewsDocs/29591_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf

N1 Div/Share proposed

RabbiDoracle:


Tony isn't innovative. That is what it means.

I truly respect the management of GTB.

...
and people wonder why there is a certain premium attached to GTB

aremso:


gtb has paid

those with audio earmings are being exposed.
GTB - Seperating men from boys since 1914

Bomboclad:
On point!

To be fair to Sterling Bank, no dividend was paid last year, and the bank did better than last year in terms of PAT. From your observation wrt JBerger, it is clear that market sentiments is more important than value in today's market; else, Transcorpse wouldn't be where it is, same as HoneyFlour and many others.

I pity those here!

8% payout ratio all in the name of dividend.

thesilentone:
Despite the hullabaloo caused by CoVid, Please can anyone enlighten us on the implications of Dangote Cement issuing their first bond to finance medium term debts. What will be the impact on current shareholdings?Is it a good move or otherwise? I'm sure this thread is in place for learning, not just scaremongering or optimism.

Chiefs: @Rabbioracle @emmaneulewumi @onegentleguy @yom2 @Bombooclad @Mcy

borrow at a cheaper rate? especially now that the world is awash with cash

ebuka1997:
for anyone this might impact... first death recorded in Nigeria

is this not the Enugu COVID-19 death of 2 weeks ago?

rebekah2011:
That is why I pitied those that ran into CHAMS thinking that they have discovered a goldmine.

this one is something else. Jumped over hoops to partake in the PP in 2008.

Someday maybe, just maybe ...

This my people is one of my school fees.

http://www.nse.com.ng/Financial_NewsDocs/29404_UNION_DIAGNOSTIC_-ACQUISITION_OF__CORPORATE_ACTIONS_MARCH_2020.pdf

Hope rising

Been trapped here for nearly 3 yrs.

Finally, I will exit with tashere 5k/share profit (I bought at 30K/share)

Oakbranch:
I just got an alert of 13,500 for my 10,893 units of zenith PLC. I no understand this one.abi na wayo .

you shld expect about #24509.25(=10893*2.5*0.9). Maybe the 10893 is held in more than 1 account with the registrars. Pls enusre all accounts are mandated. Best is to consolidate all (if held severally)

hmohammed:
I have not gotten my 1 million naira zenith alert. I have checked my email 50 times today. Eshin baddest. Ogun owo

when i grow up, i'd like to be collecting such amount like you.
Meanwhile no de harass us with figures na? a lot of us also collect tidy sums, no need to be bandying figures upandan

Ibrahim505:

They're closing their register tonight.

shooo?

ZB div has just landed!

This is the koko

rebekah2011:
I agree that there is no relationship but with the economic indices pointing to challenges ahead. How are we certain that the banks will be able to make the same earnings as they did last year? The quality of those earnings too. If this continues till the end of Q2, we may be witnessing the decline in banks profitability. Banks do not exist in isolation.

I am inclined to agree with you.

It will be prudent to discount FY2019 by at least 40% to inform FY2020 expectations

Mcy56:

Tomorrow Friday 13th.

Friday & 13th?
oops,
very bad combo

1kinggy:


You broker good o. No be yẹyẹ ones wey go chop the margin, quote something else.

oh boy na DIY aka morgan

TraDeRR:
Rabbi how it took the market to rebound from 2008 crash.. I beg reply me PLEASE

this is quiet useful.

https://cashcraft.com/pmovement.php

lots of data

ZB purchase order filled @ #11 promptly

edit: have just checked the execution details. I bid @ #11, but it was executed @ #10.85

this is serious

krudu Oyel now $35.88. it is well

dinyelutochukwu:

God forbid.
Some of us have that stock at break even of N15.00

present sir!

my average na mid #15s

#NoHurry

? Return to normalcy

na stone ooo

currentprice:
i use zenith as example and copy aremso

cos he is a lover of the stock

other stock also good at cp

dilenma

ZB or DSR

Zenith bank purchase order filled @11.75 at exactly 10am

PharmAlfred:


Where was it headed before now? Yes, it looking up. If the free fall had continued, I bet you won't be typing this.

i was more like trying to understand why the 'return of normalcy' in the post.

stemming the flow of blood would have been more apt. IMHO

PharmAlfred:
Oyel is looking up. Return of normalcy?

looking up at $37? really?

new normal?

RabbiDoracle:


UBA is yet to break its 2019 low. Zenith is yet to break its low.

Dangote cement as well.

More falls still possible.

The move in the US futures (rise) and world markets today is due to Trump announcing cuts in salary taxes. This is a small breather but it won't fly.

Once markets start testing 2% fall.... Then 3% fall.... Then 5% fall.... Then 7% fall.... The next one will be scattering.

weren't those prices at $20ish/barrell of Brent? are we heading to $20/barrel

lmm4real:
Was up with NEM the seem to be holding waters.

i don run comot. it can't be that immune