Mcy56:

Guess you referred to the payment period.

Yes...

Topson88:
Sorry in advance to those my question will irritate....please how many times does zenith pay dividend in a year? Thanks

Twice in a year

1) Between march/April
2) August/September

bigjay01:
Biko nu oo

O gini na-eme na UACN?

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

This stock be won frustrate me... Move e no gree move...I don leave them though at a loss...but no shaking...we go still make am up before year end in other good stocks.

Mcy56:

Agba, I think this new acquisition is going to increase their stake from 74.02% and not just 500k.
If they can buy at 66.25/share and own such high stake, with time FO price might be more than double of the currentprice cos they're out to make profit as well.
Just trying to get a picture of the whole thing.

"Ignite Investments holds 970,166,694 Ordinary Shares representing 74.02% equity stake in Forte Oil as at 24 June 2019. Ignite Investments hereby offers to purchase, subject to the terms and conditions described herein, all or part of such Qualifying Shareholder's registered holding of Ordinary Shares (as registered to such Qualifying Shareholder in the Register of Members of Forte Oil on the Qualification Date) subject to the following:

They are increasing their stake from 74.02% to 74.06%... that's why they require only 500k extra shares

The reason why FORTE OIL price closed higher today...

Take over bid of 500,000 extra shares at N66

https://www.proshareng.com/news/Stock---Analyst-Updates/Forte-Oil-Plc-Releases-Document-On-Take-/46804

Agbalowomeri:
Wapco very good for medium to long term

You don dey come small small ... From long-term now it's medium to long-term... Maybe by next week u go switch to short term

http://www.nse.com.ng/Financial_NewsDocs/27230_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_JULY_2019.pdf

Impressive result from Uacn!!!

Bomboclad:
The 75% increase in EPS is based on the effect of 1Q PAT which went up 170% from 2018. QOQ PAT increase for 2Q is actually 37%, of which i expected 50% or more.

In toto, Caverton is a high flyer, just not sure why their stock price is a dullard!

You shouldn't expect Q2 PAT to equal that of Q1. The high PAT for Q1 was as a result of the increase revenue made from the 2019 election campaign. If you recall, their services were in high demand.

Infact, check their revenue from when the electoral campaign started(Q3 2018) till after the general election (Q1 2019). There was huge increase in their revenue which inturn translated to higher PAT.

maishai:
my ogas.....im still a wapco hopeful.......loaded substantial units @ #10 to average down my cost of entry.....i would love critical commentry on the result

Hold that stock firmly with your two hands.... I wished I bought earlier...wapco will seriously make some investors rich

DOLLARTEX:
based on last quarter result,uacn is gradually coming out from the woods!if you can wait for Q2 in the next 3weeks time,then party will follow.but if you can't, then sell between 6-6.05.

Oil dey Ur head .... If the 2nd quarter result turns out the way we are expecting it to be... Uacn would likely rally to at least 10.

CBN Governor Emefiele clears the air on when to devalue the naira.

https://nairametrics.com/2019/07/03/this-is-when-i-will-devalue-the-naira-emefiele/

My Uacn dividend just landed!!!

Thanks to Africa Prudential registrars.

ndidigood:
Africa prudential is Frustration personified
Gone there 3x, but overcome them with
1.l downloaded morgan share transfer form,signed and sent back to them
(Acknowledged by cscs,everything done by Morgan)

2.collected in person
3.cscs statement
4.confirmation of signature by my bank( Stanbic ibtc= #500)
5.passport
6.identity card( used national LD)

7.frown face


Waiting for my money in few days.
Of all the registrar l went to
They didn't ask for all of those except them.
Only passport.

At last! Just sorted out all my issues with Africa Prudential registrar few minutes ago after a one month tussle!!!

Mcy56:

Seems this the way to go for some stocks.
Guess I have to downgrade Afriprud too. They appeared good at first but I dont know about them again now.

Don't mind Africa Prudential registrar.. They are trying to frustrate me as well with their e- dividend mandate procedures.

Cardinalstone and gtl registrar remains the best for me. Quite straightforward.

aremso:


With the current gragra in capital mkt? Anyway, people should follow their mind

One of the lessons I have learnt in the stock market is that a good stock doesn't fall much.... it would always correct itself when the time is right. Last year was quite bad as well but the patient ppl still made money.

When u have made Ur research and u're sure, just exercise a little patience.

Your stop loss can always guide you inorder not to lose much.

But as u said...everybody should follow their mind.

Mcy56:

When Nascon and DS were moving up that time, I just had the feelings they were pumped beyond what it should ordinarily gain.
@Michael11stock I hope you bailed out of Uacn already.

I think we need to be patient with Uacn.... The price will likely bounce back. Even fbnquest in their recent analysis last week rate it from neutral to outperform.

Since they release their wonderful q1 result there have been a significant rise in the volume of the stock each day.

We need to exercise a little patience...i feel the price wouldn't get below 6.00 and would still bounce back to 7.

Even Caverton with their wonderful result fell below 2.30 last week.

But q2 result would likely bring the change we were expecting to see.

Well, let's see how it goes.

MTN completes final payment to NCC!!!


http://www.nse.com.ng/Financial_NewsDocs/26285_MTN_NIGERIA_COMMUNICATIONS_PLC_CORPORATE_ACTIONS_MAY_2019.pdf

stcool:


Those fundamentally sound stocks hardly do 100%, yes good dividend but not 100%price appreciation, unless over a longer period of time not 10 months.

When I be like my Oga Loco, i will go for more of dividend stocks, for now I need more of those penny with potentials like Fidelity and CHAMS, that can do 100% appreciation and still give me dividend.

It depends on the fundamentally sound stocks you are talking about.... Maybe u're thinking about FUGAZ... those are Large capitalized stocks that hardly do 100% even when their fundamentals are right although good dividend yield.

I think chibuking is thinking in another direction... Maybe a different sector entirely.

Chibuking81:


For now am buying stocks for keep for minimum of 10 months, most especially the stocks that will give me 100% return by March/ April next year. Even if they go down they will still move up, with God on my side I strong believed that 100% capital appreciation is for sure, with dividend on top. It might not be the stock you are thinking for now, I have chosen not to disclose any stock I am in. But will always add them when recommending good stock to buy. JIJO strategy does not help at all, it only makes one miss opportunities.

Wise man!!!

Please...does anyone have any idea how i can contact first registrars?

I have e dividend mandate to process and they are not picking their calls.

stcool:
People don hammer this season...

Caverton
CHAMS
Transcorp

May & Baker Q1 - 133M ...PRICE N2.28
CHAMS Q1 - 182M... PRICE N0.55K

Did you compare M&B Q1 19 with Q1 18 result? They made a loss.
Pls check careful before you draw ppl's attention to it especially the newbies

Month of May is going to be quite interesting!!!

Mcy56:

Send mail to: cfc@africaprudential.com
You'll see the phone number to contact once you're replied. Cant post it here, sorry.

Thanks

Mcy56:
I just have to mention this:
Africa Prudential is excellent in customer service. Saying this based on their responsiveness to mails, I'm doing quite a number of back and forth with them and they have been getting back to me on each mail.
Also, their e-dividend form submission is very easy and smooth, you just fill, scan and send to them.
I'm just impressed by the way they handle customers, reason for posting this.

Pls can I get the email address and phone number you used when contacting them?
I have some e- dividend issues I need to resolve

Mfunkynation:

i have recieve mine this morning.. but it not the figure i was expecting.
are we sure the paying 0.14k?
kimdly check yours n substract d 10% n see if it tally with ur expected amount because doesnt tally. thanks

I received mine 11pm last night. The money I was paid was exactly what I was expecting.

edwardaigb:
Una well-done. I thought fcmb alert na tday?

Yes o... But I haven't received mine yet

http://www.nse.com.ng/Financial_NewsDocs/25933_FIRST_CITY_MONUMENT_BANK_PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf
Fcmb q1 2019 result...quite fantastic...40% increase in EPS Q to Q

PharmAlfred:
FCMB doesn't want to release their result again?

Would be released on 29th April 2019