₦airaland Forum

Mcy56:
Peter, Zenith is 18.50 as at now, just keep waiting at your 16 or is it 10naira junction, your own special driver is coming.

....but UBA is such a slow stock. I was expecting full bid today.

full bid n'anwu nine a? (on top of all this sun?)

Agbalowomeri:
You no wan mop again ni?

Oh boy e be like i go take a chill pill for now. £ come de crash join on top. na to apply hydraulic ooo

Biko nu oo

O gini na-eme na UACN?

This one appears to be beyond the current bearish investment climate in the country

mendes911:
Very silly people. I once tried to take a loan and I was told that my credit history doesnt tally. That I had not used any credit (credit card) for the past 1 year, hence I can't get the loan. This is meant to be a positive impact (layman opinion), that I don't depend on credit. Capitalist Economies will always expect you to owe and that's a policy I don't get to understand.

will not work in this clime ooo.

As my broker explained to me 20ish yrs ago. if you have never borrowed and paid back in full and on time, how do any new lender develop a trust relationship with you?

Mcy56:
@Peterichy must you copy names of MC staff as well? You should at least give them some privacy.
I wonder the extent this bad belle is going to take you.

this info is always in the public domain.

Got below from one of their research reports publicly available on their website. search took 5secs

Mpeace:
In my personal opinion, I think there is a special reason why Access bank result is not yet out. Maybe because its too bad or because its too good, but its definitely not for the reason they gave us that its due to post merger bla bla bla.
Result that had already been audited and presented to the board for approval since July and subsequently presented to CBN for approval. They should come with another story joor.
I just hope the delay is because the result is too good for this bear market, cos I dey heavy for there. Na the biggest part if my portfolio.

Maybe CBN rejected it because it was not properly cooked

Agbalowomeri:
All na wash, EPS wey no fit pay 50% dividend is that one EPS?

Cut Fidelity some slack na!

Nowadays, even the Zeniths and the GTs of this world don't pay 50% of EPS.

735i:
Discos owe the Gencos. FG takes over (assets and liabilities of Discos), pays off debt to Gencos.
Transcorp power is a Genco being owed by several Discos. Therefore, they may benefit from this development as receivables will reduce and cashflows will improve.

true! indirect things

Chibuking81:
As for Transcorp is one chance bus, even if they get the money from federal government, they will corner it, shareholders will not get it as dividend.

is Transcorp not a Genco? Are they paying Gencos as well?

Mcy56:
Dear bros, sorry I have to quote you, the thing is that many knew the truth but sadly we dont ACT it.
A lot goes into the problem on ground, PMB is just another phase of its continuation and not necessarily the cause. You know very well more than this, lets not be addressing the issue on the surface! Make I stop there, I no get strength to argue.

nne, the buck stops at his desk. period!

robobo:
Hello Chief

Any idea on the tax/ statutory deductions of this N24 payout by Olam?

If the Access-Diamond bank transaction is anything to go by, then 0% deduction is expected

BullBearMkt:
..."today's market breadth is fairly good". It can only get better from here

me and my household just de look like Lukman.

Picked up more UACN @5.35.

#WeBuyOnTheDip

Mcy56:
Thanks for this clarification. This seems to be more like it.

I believe key driver is that you had an existing mandate with them.

I did my 1st mandate with 1st Registrars in 2010 (thereabout), since then i have severally extended the mandate to new stock via email whilst making reference to the existing mandate.

ukay2:
Good evening all.

Please anybody with a link on how i can download a good crack version of IBM SPSS software.

I want to install it in my laptop:window7 32bits operating system.......so that i can input and analyse my data.

Am sorry for digressing, but i hope anyone who can help me should please be of help to your forumite


Thanks you all.

Unlicensed SPSS?

I would rather download and use PSPP which is open source

Yayira:
100% they do..

Yes of course!

I have always had eDiv in place for AIICO, RedStarex etc with USL for more than 10yrs but till date they want me to come to Nigeria and fill out some form before they pay my Diamond bank consideration.

I also had 10yr+ eDiv setup with Centurion (diamond) before the merger!

What is the complication in paying under this scenario?

Ndi oshi, ndi oshi!

apologies, double post

@house

Does nayone know why Caverton is flagged BLS? I thought they've released all due results?

Could it be free float malarkey?

Chibuking81:
But people jumping in are doing so because of capital appreciation the news will bring, or the payment they will get from Olam if the deal go through, not because the like Olam, nor neither do they feel that Olam will do well. But we must always remember that it's 50/50 chance it might favor or fail.

There might be something they are looking that Dangote might not be willing to release or he might release. But a buyer can also change his mind at the dying minutes, he might buy or might not buy. That's why it's 50/50 game.

If you read the press release, it did say it was a binding agreement pending all requisite approvals

PETERiCHY:
We can see that SANITY is gradually returning to the MARKET no more long epistle all thsnks to OGA BEAR

When BUHARI use VETO power to steal ATIKU MANDATE. I told investors to watch that space and trade the market with a PESSIMISTIC MINDSET for the next 4yrs.

BUBU with a 2nd term MANDATE got nothing else to lose or campaign for again. Aside quietly retiring to DAURA in 2023.

He's now fulfilled and ready to join his ancestors so if ECONOMY like let it slide into DOUBLE RECCESSION that's the least of his PROBLEM.

*ThE OcToPuS*

Bloomberg warned that if Bubu wins, this (NSE bear) was always going to be the case anyway.

Jejebabaa:
Thanks all for your input and opinions on the forex loan. Its well appreciated.

most definitely not for NSE.
I have the battle scars to prove it.

rebekah2011:
The only thing that can make the shareholders of Lafarge Africa rejoice is if only the majority shareholder is ready to buy out other shareholders. The business is in a mess.

Got more at 9.25 yesterday. We keep buying on the dip! Someone must buy us out, it is a question of when.

MTN? Not a chance!

As a dividend hunter, how is MTN better than GTB, Zenith, UBA et al? Then again school fees must be paid somehow.

To the guy talking about foreign loan, my advice to you is to be well counselled. In 2007, I took advantage (at least I thought I was) of the dirt cheap credits available here (quite a few 0% rates available at the time). The exchange rate at the time was £1~=N200ish. We know where we are today and the rest they say is history.

Bottom line - not for the faint hearted!

Agbalowomeri:
Dangote bought back DF at N3ish
Now selling at N26

Below is my post on 26/3/2016 (was not for traders though)

bigjay01:
For me, I am not literate enough for any techno-fundamental analysis. However, I am smart enough to do a follow-the-money (aka attach on Aliko's apron strings)

onegentleguy:
Yes DIAMOND is the crux of the matter this time, NOT ACCESS.
The name of the said form is DIAMOND BANK SHAREHOLDER UPDATE FORM.
...and u'll find it when u click on the 'downloads' tab at their official website(www.unitedsecuritieslimited.com)
I just downloaded mine now !!
It's a different form to that of the normal e-mandate form from united securities. This particular form was designed specifically for the sole purpose of settling the N1 cash consideration to the eligible DIAMOND bank shareholders and nothing more.

NOTE: That of shareholder mandate form(which is the one @ Yayira had put up), is the usual e-dividend mandate form u know.
I presume u'll only need to fill that one for the 25k FY 2018 dividend thats also payable to the qualified shareholders of DIAMOND bank.
...but that would be if u don't have an alraedy existing e-mandate with united securities.

Hope its clearer now.

I guess this whole exercise is for guys who don't already have eDiv mandate for defunct diamond bank. Otherwise, why can they import it straight from Centurion registrars?

Chibuking81:
Some will sell Zenith bank at 22.70 and will want to see it go down to 18, only to be disappointed in seeing it heading to #30. I have followed Zenith bank movement for some years now, the stock usually move up after their markdown, when the fearful ones has exited.

2.50 for ten years is #25, meaning in ten year with annual payment of dividend and interim, ones holding in Zenith will seen to be free, because the dividend alone will return more than initial invested capital.

Wrong!

Are you telling them that today's #25 will have the same value 10yrs on?

Whatever happened to the time value of money.

This is my opinion though.

GonFreecss1:
There is still optimism about a bull market, I will keep calling it, we are not at the bottom levels yet.

Isn't this an exercise in futility? Indeed who can say with certainty where the bottom is?

As for mine, it is right behind me

Agbalowomeri:
Have we quickly forgotten Tony and his 'exceptional items'?
Isn't he back there as the Chairman Lol

those were from far back na!

Not in recent times, at least not for the last couple of years anyway.

Make e no begin learn bad thing at old age ooo.

Just tested the waters at #6.8, next stop #6ish??

No be small thing ohhh

some people definitely know a lot of things others don't. Quite unusual.

PETERiCHY:
Abeg someone should release his or her UNIONDAC @#0:29k even if it's only 100k units let's move the MINISTRY forward.

cc.OGG.MONKEYHUNTER ,MERCY, VEECO. MAISHA and COY

Let the institutional guys do it.

#SittingPretty

lancee:
Yes it is

of course it is. The question was very rhetorical.

lancee:
https://abokifx.com/news/why-nigerian-stocks-are-africa-s-cheapest-the-guardian

Risk?