maishai:
I doubt if any company except Banks wouldrelease good results Q1, We are yet to recover from border closure then Cash crunch and Covid 19 enters the scene..... I would see how the country would come back up and running

Banks Q1 2020 results will be challenged by the cost of regulation by CBN: CRR, LDR, OMO/TBills Regulations etc. Restrictions to movement will help a bit because you must either use ATM or do online transaction where they can charge you more. Many of the branches are shut so expect serious savings on cost of operations etc diesel, fuelling of cars etc. Many will refuse to pay reimburse staff for increased use of data on online meetings etc.

Telecoms will smile all the way to the bank so watch out for Q1 of MTNN and AIrtel Nigeria businesses. They will be big winners.

Breweries can also be big winners as the most popular recreation in Nigeria which is consumption of alcoholic beverages is now elevated. Expect the usual suspects to benefit.

Cement and Building materials will feel a lot of the impact in Q1 and Q2 but expect quick pick up in sales and recovery once the lock down is relaxed.

Pharmaceutical stocks have received a lot of interest in last couple of weeks. I hope they do get a fair share of the monies donated for fighting COVID 19 within the country; Otherwise it will be a galore for drug importers. Unless the domestic PharmaCoys already have those drugs in production, dont expect to see any impact in Q1 and Q2.

Petroleum marketing is in a no win situation for now. Stay away from those stocks with the exception of that one that wants to delist if you are willing to wait through the capricious process of back and forth engagement with SEC.

Food and Packagingis okay. The front loaded demand for their goods should make even the strugglers like unilever look good. The gold medalist here by miles would be the makers of indomie noodles. They are quoted on one of the boards of NSE.

Which other sector sef?

http://www.nse.com.ng/Financial_NewsDocs/29629_NEM_INSURANCE_PLC._CORPORATE_ACTIONS_APRIL_2020.pdf

Does this mean the AFIG Funds investment is completed? I thought this was halted by SEC.

Corporate Information flow for NSE na wa.

Tvegas:


Madam please where can i get about 2 to 5 years dividend history of companies Quoted on the NSE . I am more of a dividend investor at the moment. Also is FCMB liquid enough to accomodate 1m to 2m unit trading in a day. Thanks for being helpful always

Here we go...

https://www.arthursteven.com/dividends.php

or this but does not go that far back

http://www.nse.com.ng/issuers/corporate-disclosures/corporate-actions

onegentleguy:



This our list appears to be reducing with each passing day.
It's alright.

They are changing batons.

lancee:



Hmm ..Hopefully that will be a good one ..Me i dey look 40k or less

Gone re the days of 1.70k , 1.20k , 1.00k ..1for 1 bonus etc

My guess is 35k.

Mcy56:
Prices are reluctant to move up despite huge volumes, what do we call this now?

** I hope I'm not too quick to jump into Fbnh at N4.

Its been swinging between N3.75 and N4.20 in past few weeks. If you don't have any new positive information wait for it at N3.70 to N3.80 as i believe it will still touch there this week. If you have any new info that is positive, go for it at your proposed price. I doubt anything will move this stock up materially, outside general market movement.

IYGEAL:


Investors are funny. They would be lining up to bid at 9.75 when there are offers at 9.80.

Tomorrow same investors would be scrambling to buy at more than 10 naira per share

There is new information so not entirely irrational.

Momoney54:
The pump and dump that is going on in international markets is crazy...Traders are making a hit with all this volatility!

@bolded is their best friend.

Mcy56:

Zee get wahala, not for the emotional ones.
It will soon move up again.

...and ammunition don dey low

RabbiDoracle:


Na bottom fishing we dey do o.

I no dey chase price. Price dey come to me.

I am done buying.

I don try.

I wish everyone goodluck and stay safe.

Correct guy. Now second phase of waiting commences.

locodemy:


Nwanne dividend gi alawo kwa na be coro.

Lekwa "one chance" Nwanne....

nna777:


True but am talking purely from a stock trading end. Those over $7T dollar global stimulus package that was announced last week, some of them will find their way to our market to buy our currently cheap assets.

Just like Rabbi said in one of his posts, it will purely be liquidity driven. the underlying issues are still on ground (post global economic recovery). so when the time comes and the inflow begins, we will ride it and cash out just like what happened in January.

@bolded is very correct. Infact, the rate of infections may not have peaked before the cash starts rolling in. The hunt for yield is a great motivator regardless of uncertainty. Most can tell that the real risk in the market in currency.

nna777:
from the charts, looks like France and Italy are already peaking in their cases. If the trend continues this week, Spain, Germany and other EU nations will start peaking too followed by US. The month of April might just likely be the month we have all been waiting for. We hope for the best.

Nigeria is still at growth phase. I think it is still gathering momentum but from number of reported case, there was no new case in Lagos.

http://www.nse.com.ng/Listings-site/corporate-disclosure-site/Documents/Market%20Bulletin%20-%20Listing%20of%20Additional%20Shares%20of%20Golden%20Guinea.pdf

Is this about to come back to life?

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29501_STERLING_BANK_PLC._CORPORATE_ACTIONS_MARCH_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/29500_STERLING_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf

If you are in this Bus, I do not know what I should say to you. Please take heart it will soon be alright

Lol...investors don suffer. In 2018 they paid 3k. Did'nt pay anything in 2019 and they are back again with 3k in 2020. I wonder who dem offend?

rebekah2011:
UBA Group has donated part of our dividend to fight COVID on behalf of the shareholders.

Lol...they still need AGM to do that.

Darksider131:
I want to buy stock

Which one should i buy now?

I am using CHAKA app, i am new to stock.


P.s: i hope you guys no go snub me, cause snubbing is a sin if you have an answer to someone's question.

Just go back a few pages. Plenty of specific stocks and sectoral recommendations there.

Are you aware of the statistics that says those who rely of stock tips for investing success hardly achieve their goals?

Chibuking81:

No matter what we are still friend.
As of this very hour, I am still much out not in, but will finally enter stocks when I feel that it's right for me without making it public.

I am apologizing to you, and to whom ever I and my post have offended, please forgive, and those whose own post have offended me, I have forgiven. From now henceforth I have choose not to post any negative or positive post about stocks for now, till further notice, and I have choose to be in observatory mode.
Thanks all for your understanding.

Respect Bro. You heart and stature are big and solid.

thebargainhunte:


Hahaha...pastor is frustrated cos no tithe this month.

He is a Pastor of Mammon....

veecovee:


From how chibuking is behaving, I dfoubt he is married

What has his being married or not got to do with anything? Go back to your pastoral duties o if you are truly one.

Biafran4life:
I said it earlier and it sounded wrong to some.How can we behave in such manner

Make your point. Don't be abusive. Simple and short. We are trying to create a platform of civilized people.

rebekah2011:
He needs to calm down. Both personalities have been very unselfish about sharing information here. We value the 2 of them. I like both of them.

I agree. Comment has been modified.

Our NSEMPA footprint and postings is enough to tell newbies and oldies who has credibility, who does not and who is outrightly mischievious. Stay calm, make money. I just love this period as I have waited close to 24 months for it. After this week next phase of waiting starts....offload time.

onegentleguy:


Shut up !!
U sure do have disgusting disposition. ...a terribly bad one !!
And to think that I always saw u as a good person.
U are just pathetic !!

As I said; Keep leading a life of subversiveness, by the time u'll realise what u are doing urself, several repercussions will be steering at u right in the face !!
U will surely stew from ur own juice.
GOD is NOT asleep !!

Was that really called for? You look and sound as bad as him with the bolded.

Just ignore. With repeated postings, people can eventually tell who has credibility and who does not. Their NSEMPA footprint is enough to tell the story.

Chibuking81:
Doors are still open, but will soon shut down for bonanza part 2.

Your prophecies no dey work. Same as Perterichy. You people didn't finish your apprenticeship.

Mohr:
Hello house, has anyone received Zenith bank dividends slated for today?

Sure...its been raining alerts since.

onegentleguy:


A good one from JB !!

Let's do a small math;

At today's closing price of N20.20, that script issue of 1 for 5 will compute to approx N4/share(ie 1/5 x 20.20)
Add that to the N2.75 div declaration, and u'll have a sum cashflow of N6.75.
...which equates to over 33% div yield(ie 6.75/20.20 x 100)

So an X amount of money put in this asset today should hitherto return a 0.33x multiple, ceteris paribus.
...and assuming we hinge the 33% yield to a possible price appreciation given the NSE' price cap methodology(10%/day), then I expect a 3 days price rise.(trading/investing instinct in view)
But then again, market sentiment is currently weak, so everything is possible including a price fall.

Away from price consideration, JULIUS BERGER is for the future.(more of mid-term play than short)
As I mentioned during a past analysis here, the coy is presently going through an inflection phase towards growth.
Key indicators shows that current YE FP came in good and above expectation.
Aside the quest to diversify their earnings base, the company is presently on top of very juicy contractual deals accross key states in the country.
In Port Harcourt, Rivers State(2 in Obio-akpo and 1 in PH LGA to be precise), the company is currently executing 3 gigantic fly-over bridges. ...with 70% down payment already secured from the state government.(the gov confirmed this)
Somehow, LARFAGE WAPCO is also a part of the contract.(they are the coy contracted to supply cement).
The duration(of the project) is for 18 months but I expect that the cashflow should begin to reflect in their book starting from this quarter.

...we'll see how things play out next week.

Selah

Their Q4 interim results also show healthy cash balances. Lets wait for the audited. Should be available this weekend or Monday at the latest.

maishai:
Oandos management are candidates for firing squad...............................Another school fees paid

You had to experience it yourself? After many negative testimonies here.

Chibuking81:
As crude oil finally parked at $36/$37 and American Dow industry recovery from previous loses. NSE will recover tomorrow from its 2 days blood bath. Since 2 days 99% stocks was padlocked and key thrown inside the ocean, no way to escape for both jijo group and some investors who chooses to bail out. But the keys has been found.

At this junction starting from tomorrow whenever you see opening of the door for you to escape, pls exercise patience don't bail out, because you might ended up seen the same stock you bailed out from within some hours moving up above your exit junction.

Crude oil shall move up again above $50 within a shot period, and NSE will also move up. To all of us who pay this crude oil movement school fees, pls take heart, you shall recover it all.

The current oil war is to educate non - OPEC countries the need to corporate and take part in crude oil cut when ever the need arises.

@Bolded will be revisited tomorrow.

currentprice:
bloody day 2

How many days of this should we expect?

Intendy:
Stocks with new 52 week lows

Unity bank #0.47k

Transcorp #0.76k

Wema #0.50k

Lasaco #0.21k

Unilever #10.60k

Cadbury #6.65k

Npf microfinance Bank #0.85k

Zenith Bank#13.05k

Nacho #2.03k

Oando #2.19k

International breweries #6.35k

NB #33.10k

CAP #19.95k

GTB #19.95k

Stanbic #28.35k

Nascon #11.70k

Cap @ N19.95 is almost 8 year low

Mcy56:

Sir, you may be right but something somewhere is definitely very wrong.
Never seen GTB in such condition before, no matter how bad the news may be, imagine 20M, 30M and 50M single offers in Zenith alone?
In the process, someone placed 5units offer, it was sold and, around the time he placed it, it can never reach his turn till market closes.

There is always a first time...