₦airaland Forum

PETERiCHY:
BRENT presently smiling above $58

Peter has reentered market again, from now he will be releasing good news, once he sell bad news will start coming out again.
He is the monkey hunting chairman
Bro Peter fear God ooo

ndidigood:
but y is jb falling hand with eps of #8?
Still picking shaa

They have history of paying around May/ June, probably they will get to #30 and above as time approaches. Thanks, this your post remind me of something important.

My candid advise for investors , always buy for investment purpose. Always buy stock with history of good dividend payment. Let no monkey hunters deceive you, see bear season as an opportunity to buy more. As you buy share monthly for investment, also save some to take advantage of bear season whenever it present itself.
Ucap has shown the dancing step, Zenith, UBA, Julius Berger will follow suit.

Experience is always the best teacher. Fall in crude supply as witness during bombing of pipeline, or fall in Brent crude oil price always lead to economic recession, and economic recession lead to currency devaluation, and devaluation lead to hardship, which result to Vicious Circle of Poverty.

Insofar as one want cheaper stocks, recession should not be the means to its attainment. Investors while investing should also have portion of cash saving in one account to always buy stocks at it's 52 weeks low, or cheaper price whenever opportunity present itself.

Willie2015:
No harm in buyin...
Below N18.00..

Will you buy at #15? If the answer is yes, it might become someone exit target . But for investors, it's win win opportunity.

Willie2015:
Zenith comin down...
Inch by Inch...
We are waitin...

It's good for investors, at least we will buy more number of share with the monthly budgeted money for share.

Apraise:
FAAC disbursement hit 4-month high to N716bn in January
...new VAT rate to boost FAAC in 2020

FAAC disbursement hit 4-month high to N716bn in January
By Segun Adams on February 13, 2020
The Federation Account Allocation Committee (FAAC) disbursement to the three tiers of government rose to a four-month high in January, and is expected to increase in the coming months fuelled by the recent hike in VAT rate.


Analysts at Lagos-based Financial Derivatives Company in their monthly breakfast report for February said FAAC rose 12.61 percent on a monthly basis to N716bn in January.

This is for revenue generated in December.

Under the FAAC arrangement, revenue generated from sales of crude oil, Value Added Tax (VAT), corporate tax, etc. are shared among all three tiers of government based on a formula.


Most states in Nigeria depend on disbursements among the three tiers of government for at least 80 percent of their revenues, hence the increase in allocation in January, after FAAC fell to least 7-month low in December, will help fund their spending.

For 2020, FAAC is expected to increase in the coming months on the back of the increase in VAT to 7.5 percent which took effect in February.


Hence, revenue to be shared in March will likely see an increase as VAT component of income generated grows.

Analysts at FDC estimate an increase in revenue by N2.5trn.

A breakdown of January FAAC is expected to be published by the National Bureau of Statistics (NBS).

The existing sharing formula allocates 52.68 percent, 26.72 percent, and 20.60 percent of FAAC for FG, States (including Abuja) and local governments respectively under statutory allocation.

Eighty-five percent of VAT will go to states and local government to enable them meet obligations like payment of new minimum wage while 15 percent goes to FG.

In addition, states with mineral resources and oil also receive extra allocation based on the 13 per cent derivation principle.

In December, the Federal Government received N267.883 billion, the States received N172.569 billion, Local Government Councils got N129.972 billion, while the oil-producing states received N49.124 billion as 13 percent derivation mineral revenue.

https://punchng.com/faac-allocates-n716bn-to-fg-states-lgs/
FAAC has not share money for February, the one you posted was that of last months.

pluto09:
We have discussed the issue sometimes a go...

NSE doesn't follow oil on a day by day or week by week movement...

The correlation of oil with NSE is on the long time direction of oil...
If oil price is bearish for a long time expect naira devaluation and you are better off not to be in NSE at the point of devaluation.....

You are on point, when the crude oil go bearish for weeks into months, it will read to economy collapse.

rebekah2011:
The investment awareness in Nigeria is still very very low. It has more to do with lax regulations and the selfish nature of the managers of quoted companies. Oga Loco, has advised us to get a minimum of N5m to play the market. I am looking for my own N4.8mm to complete my seed money.

That is investors capitalization
LOCO Increases Minimum Required Capitalisation of Stock participant to N5m.

RabbiDoracle:
Those who are close to me knew that I sold through out January. Cc Jejebaba, DeRuggedProf, 333.

I said start to exit in percentages. The info was for some people. Maybe not to you. You fit dey slim, I no know.

I need time to exit. Maybe your kaya be like nylon of ijebu garri. The main thing is to know when the party is about to be over.

At least you have told me what ails you about my telling people to exit on time. I will adjust and will not issue those statement anymore.

Una can vex on people's happiness.

Yours was on information basis, am OK with that as far as there is good reason behind that.

It's not bad to tell people to bail out and wait for certain time to increase their holding, when one foresee danger ahead, like during the last election that most foreign investors left, which we foresaw them that can have great effect on ASI, which brought about bonanza period where those who bailed out later got times two of their initial holding.

But when some are busy depending on confusing people every now and then, they will ask people to buy today and bring bad news and ask the same people to sell, only for you to hear them again within short period of time asking the same people to buy.

That will tell you that they are purely Monkey hunting.

Mcy56:
E ku digging up bad-bad news oooo.
If you're in the market you bring good news, once you jumped out you start bringing bad ones so you can re-enter again.
Kwantinu you hear.

That's act of wickedness, for selfish purpose, then tell me if new comers will not see NSE as gambling. Let new comers see stock market as an investment arena, where payment of dividend is priority, with that ideology they will save and make huge amount of money in future through participating in NSEM, than seeing it first from nairabet ideology.

If I may ask, what is the actually aim and objectives of one owning share from the listed companies?

Krisuba:
Let learn from those who invested in 1980s, likes of my dad, who their dividend are still coming, with good number of share earned through bonus, whom has covered more than times 3 of their initial capital, whom their dividend now serve as pension. If we take our investment initiative toward theirs, many will be able to make money in this NSE.




When u count d number of company's that has gone out from NSE just from 2007 to date. U will have to think twice before buying t above idea!!

The advantage of modern NSE business with quarterly release of result, will help one to dispose his or her share from the company that are not performing, and push the money into the sound fundamental stocks with history of dividend payment. And it's always good to diversify to avoid one putting all his egg in one basket.

When you invested in a company that always report negative earning and number of years without dividend . You don't need prophet to tell you to leave the company.

Those days some of the companies they invested folded but most of the good ones survived. Like in today NSE when investing in some 20 kobo stocks, or some falling companies with years of negative earning, he or she knows perfectly well that he is gambling with his money, which he might succeed if things turn around or loses all if delisted.

locodemy:
True but risky.I will advice anyone playing it for Jijo to review the unaudited result twice before gambling.

I like to play Jijo on stocks with good results and good dividend history so if mistakenly trapped,I will have something to hold my hand on.

Jijo ideology has killed stock investment. And it's seriously a bad disease that needed cure. 90% of this forum members are indoctrinated into jijo group. Stock market primary aim is for investment, which goals is to earn good dividend.

When cross check the amount made by long term investors through their investment on good fundamental stocks that has history of yearly payment of well deserve dividend, with that of jijo members, one will notice that investors made more money than jijo members.

At side of investors
One who invested in some good stocks, will under 7-8 years recover his or her initial capital through dividend irrespective of rising and fall of share, with their initial holding share standing as gain. He keep on investing certain amount of money monthly, whether price high or low, and will make huge saves within some number of years.

At side of steady Jijo participant
He make 10% maybe in 2 to 3 occasions equalling to 30%, and ended up giving back to bear 40% to 50%, which will force him to see NSE as gambling market, and that experience alone will push him on self exile, some with this experience usually quit, while some after nursing their injury for some months will come back.

Let learn from those who invested in 1980s, likes of my dad, who their dividend are still coming, with good number of share earned through bonus, whom has covered more than times 3 of their initial capital, whom their dividend now serve as pension. If we take our investment initiative toward theirs, many will be able to make money in this NSE.

kebosky:
pls kindly link me up with those that used the NTI PGDE to run masters in UOE. I'm interested in pursuing an M.Ed too and I have the NTI PGDE, I want to know how the person got the transcript and other things required for the admission... my email is kebosky@yahoo.co.uk, thanks

https://my.nti.edu.ng/external-services
Link above can easily help you to get your transcript from NTI, then you can forward it to the institution through NIPOST.

The below link, will assist you on how to use it. IAUE don't pay much emphasis on transcript, once you meet their requirements apply, attach your certificate and other credentials, you will get admission. But you must make sure that your transcript get to them before you graduate.
https://my.nti.edu.ng/external-services-guide/1/en/topic/as-an-ex-student

When I got my Masters admission with them, my transcript wasn't with them. I did my PGDE with NTI, but I didn't use it for my Masters, I used my main field which is not in education. But I know a colleague who uses NTI PGDE, and a lot of others.

debeey87:
http://www.nse.com.ng/Financial_NewsDocs/29094_NIGERIAN_BREWERIES_PLC._CORPORATE_ACTIONS_FEBRUARY_2020.pdf

1.51 Dividend

NB of current share price of #51.50, giving dividend of #1.51 seems to be a poor dividend. Where we have Zenith with price of #19.90 with dividend history of close to #3, UBA of #7.80 with dividend of 80 kobo.

sellydion:
Brent is crawling gradually to $57.

I think there is OPEC meeting scheduled to hold tomorrow 14th February, 2020. They outcome might push to crude price front or backward. As for share price their price will likely remain stagnant throughout this months, and it will be an opportunities for investors to increase their holding, then months of March will welcome earning season bull.

With this new rule of January deadline for releasing of final year unaudited result, the circle will change, sell in May concept will likely change.

Chibuking81:
160 billion/ 407 million = 393.12 eps
20 billion/407 million = ‭49.14, if their initial outstanding was 407 million, that means that they splits each unit into 49.14 unit before they listed it.

49.14 x 90 = ‭#4,422.60. Does it mean that their 1 unit of share is now #4,422.60?

4,422.60/393.12 = 11.25 PE, but according to their report before listing, they stated that their PE was below 1.
To get below 1eps, that is 4,422.60/11.25 =384.57.
Therefore 384.57/393.12 = 0.98 PE

Before listing their share price should be #384.57
And their current Price after the splits should have been #384.57/49.14 = #7.83.
Their suppose price should have been #7.83 (against #90 listing and their current #140, this is close to 2000% upward increase )

Meaning that 1 unit of share of #384.57 was duplicated to get #4422.60 (#4,422.60 - #384.57 = #4,038.03)
#4,038.03 on top, that's excessive. ( or #7.83 duplicated to get #90 and #140 respectively)

Their fair value by #8 eps should be #70

MTN's price earnings (P/E) ratio based on FY 2018 earnings per share (EPS) of N357.87 and its
recent market price of N90 confounded a lot of analysts. A P/E of less than one(1.0) for the
second largest stock listed on the NSE makes little, if any, sense at all. Dangote Cement
(DANGCEM), the Exchange's single largest capitalized stock trades at a price of N185 and a P/E
of 8.35. DANGCEM's price to book value is currently 3.04.

The quoted comment was made in the month of May, 2019. I still believe that mtn is still over value at its current price. They need to come down in price, and possibly do share reconstruction if they want their price to be high, or carry on share buy back and cancel the number of the share to get a high price.

Odufaikhimalo:
Good evening
My sister advised mW to buy MTN shares. It was actually my first time in the stock market.
Since I bought it, the share price has been reducing and reducing. As at today, I already lost up to 48,000 from what I invested. Please do you advice I sell or hold.

MTN need to come down to #50 or #60. Their share was over splits.

Mcy56:
Market opened normally with usual low volumes....... Sellers unwilling to sell low, buyers unwilling to buy high.......
Some forces are planning to cause Zee downfall, let's see how resilient it can be....
UCAP getting some bashing....... that s seems not to its season ..

Zenith should remain down till beginning of March before the announcement of dividend, for civil servants/ dividend investors to acquire more shares at cheaper price.

dmercy141983:
Are rivers state teachers using the same salary structure with the military?

Under the agreement reached between federal government and representatives of labour, core civil servants on Grade Level 7 will get 23.2 per cent adjustment; Grade Level 8 (20 per cent), Grade Level 9 (19 per cent), Grade Levels 10-14 (16 per cent) and Grade Levels 15-17 (14 per cent).

Other workers on Grade Level 7 will be given (23.2 per cent), while Grade Levels 8-14 will earn (16 per cent) and Grade Levels 15-17 (10.5 per cent ).

I went back to check the template

From the temperate, what we are paid from my calculation was exactly the 20 percent agreed for core civil servants that we are paid.

That of military, I believed that there was a mistake in their arrangement, which their head are working to settle.

Withdrawn

Chibuking81:
https://www.cnbc.com/2020/02/10/asia-markets-coronavirus-china-inflation-data-chinese-manufacturing.html

Chinese stocks rise as investors monitor the virus’ potential impact on manufacturing

There is hope for NSE

https://www.cnbc.com/2020/02/10/asia-markets-coronavirus-china-inflation-data-chinese-manufacturing.html

Chinese stocks rise as investors monitor the virus’ potential impact on manufacturing

RealityShot:
Please, can I do e-dividend registration for FIRST REGISTRARS at any first bank branch?

I am not ready to start sending paper to Lagos and back...

Thank you.

Print out the copy of e-dividend, fill the form take it to any branch of the bank that you filled to stamp it, scan the filled form or snap it with sharp phone camera, send it through your email to First Registrars, or any other registrar you still wish to activate e-dividend, you will get email acknowledgment without waste of time. You can also inquire with time whether they have activated it or not through email conversation.

With new rule of overriding the bank confirmation of signature, I think bank stamp will no longer be necessary, meaning you can still print the form, fill, scan and send it as an attach file to any registrar in charge using their email.

NB
remember, you can fill any bank of your choice, that you want to use in receiving your e-dividend, like you can use UBA, Zenith, e.t.c to receive that of first registrar, it must not be first bank.

ukay2:
For MorganCapital, send email to them requesting to buy UPDC-REITshares at a specific price and volume, it will be executed.

I think you can trade yourself with FSDH stockbroker when buying UPDC-REIT

Hope that helps?

Even with CSL stockbroker, one can buy by himself

MssRose:
Lol. Bros haven seen the stock @ sub 16 few months ago to even buy at #18 dey gear me seriously.

Once the crude oil price regain its feet any time soon. Most stocks will be out of reach for those waiting at new 52 weeks low junction. Corona virus will soon go the way Ebola news go. If OPEC and Russia agreed on the crude oil supply cut, the price will move up, while waiting for China to resume purchase of crude oil, and once they resume the further high the crude will become.

Vigilant on further fall of stock is not a crime, but it pains when one miss the moving vehicle with fully on headlamp ,
The corona virus versus earning season, are double - edged sword. But after rain comes sun. Market fall is an opportunity to increase ones owns number of share holding in good companies, because the price must surely move up above your initial capital, through dividend and capital appreciation.

RabbiDoracle:
Brent got to a low of 54.28 sef.

This year started with so much uncertainty.

To be frank, brothers and sisters, we are here to help one another. I wish Brent crude to remain above 60 dollar or at least 57 dollar Per a barrel the Nigeria budget benchmark. Truly if you are not for long term, or investors who buy irrespective of price rise or fall.

Please with Brent crude currently bellow 55 dollars this is seriously a red flag, please sell and keep your cash, and come back when there will be a steady improvement on Brent crude price.
https://oilprice.com

With crude continue falling, our economy will be heading to recession, and stock price will keep on falling. Those who knows better, were the one bailing out silently since last week, like I notice in GTB stock, their offer always remain below 5m, and higher than 3m, but with steady supply for sell.

The sellers never wanted to create scene. I have decided not to talk about bear, but with the current oil trend. stocks will be heading southward. Please sell and remain on cash, and observe the market.

Even China has suspended visa issuance to Nigeria https://www.legit.ng/1298957-breaking-chinese-embassy-suspends-issuance-visas-nigerians.html

0n 4th February next tomorrow is my birthday. May multiple miracle follow us this year Amen.

emekatex:
My dear, just apply for PGDE in any conventional university of your choice. Note. Don't do it at NTI because most schools will not honour it for Master degree program in their school. Example IMSU doesn't recognize it. That's why i said it is better you do it in a conventional university like Ignatius Ajuru, Rivers State university, Uniport etc

Most schools honor NTI PGDE, I have those that used it for Masters degree at Ignatius Ajuru university of Education. In fact for this job now it's most preferable, since it's weekend program you need not to apply for study leave. You can only write to notify the board about your program.

And for your information, their certificate now is bearing university of Port Harcourt, not NTI, because University of Port Harcourt is the one awarding certificate for South South zone . Meaning that Uni port also honors it for Masters.