₦airaland Forum

It's well

One thing I personally observed about NSE market is that any bull without Nestle and sometimes Dangote cement, are usually a temporary bull that will soon come down. I have been watching how Nestle was losing weight within this period, about to drop down to #1,000 and below, that mean, real bull is yet to come. Real bull will surface around January/February for final year dividend.

ukay2:
Please house how are our BNSITL

Tritri
Chibuking
Feelamong
Stockbull
Pa Ihedioramma
Original Mercy. ..locodemy friend


Hope we are hearing from them

Thanks for remembering me.
Am always available.
Always following the market.

onegentleguy:
It's October Two-Nine- my Born day.
...its yet another year !!
A big +1 for me- small me !!

Thank GOD for his gift of LIFE and MERCIES... for without him, I am nothing !!

Happy birthday dear friend

TraDeRR:
Where is chibuking

On ghost mode

Am fine, thanks a lot.

Greetings

GamaG:
So, those that had been doing the calculations here have all disappeared?

We will soon be back, it's about addition of #9,800 anyway

Mcy56:
Okay. I think this is a short cut if its only dividend that's involved......... I however think it might be more than this in situation whereby transfer Form or other docs is/are involved, which she needs to get from A Broker.
Welcome back bros.

** I read her post again and it involves shares as well. She cant do anything without a broker here.**

Thanks

Michhy123:
Help

Click on the attached link under to download afriprudent e- dividend mandate form.
Fill the form and submit to any bank you want to be receiving your dividend in. The bank will do their part and forward it to the registrar, then you will start receiving your dividend through your bank once the company pay.
For the unclaimed one, email the registrar after activating your e- mandate. For the stockbroker you can open account online with Morgan capital stockbroker and CSL anywhere you are without physically visiting their office. Then you can process moving your portfolio from folded one to new one, you stocks with the old one are still intact.

stcool:
Access & UBA result is making me unhappy with holding my Fidelity.

Access looking like future GTB in retail banking
UBA looking like future Zenith in Commercial banking

If UBA can come lower, would add more units and wait for mark down to enter Access!

UBA stand a chance of recording a higher final year EPs than Access bank. Access came up to 1.90 diluted eps with help of q1 eps of 1.37 which did not include newly added outstanding share of former Diamond bank. In q1 Access recorded 1.37 EPs and q2 1.90 an increase of 53 kobo, while UBA has 82 kobo in q1 2019 and 1.62 in q2 an increase of 80 kobo.

janykute:
The payment was postponed to Thursday the 6th.According to them the time between the close of register and earlier pay date was not enough to process the payment.

I have gotten mine already.

Valueinvestor:
A ku Analysis o

Watchlist for the week(based on today's analysis

1 .UACN
2 .DANG SUGAR

Dangote sugar is heading to #6 junction soon. In this September most good and bad stocks will drop downward from their current price, final year result and dividend news expectation is still far.
Half year news and it interim dividend news has come and gone, and set a ground for investors onwards picking decision.

Witches:
You still bought dangflour when D'sugar at 8.50?

Dangote is shifting some of his fund to oil refinery construction, don't expect any sooner bounce back in any of his company till the refinery construction is over and set, from there all his company will move up again. The sale proceeds from Dangote flour will be going strength to the refinery project.
Dangote sugar will get down to #6 naira soon, except if he chose to sale it as he did to flour, the news will also drive the stock up to #30, but he loves the sugar arm so much, he may not think toward that side, cement section will get down to around #120/ #130.

Let nobody expect any upward movement soon. The only strategy is to wait and enter at cheaper price because they will all move up one day.

In stock generally, there is no news that will bring massive bull soon till toward December months, market is in the dull position period.

Godlylifeoneart:
The issue is not just UBA.
Right now, investors sentiment is bearish.
Some companies mid year stellar performances has not helped in price movement.
A resent poll in US shows that the bearish sentiment is not easily reversible.
Have you ever asked why Buffet Warren, the adjudged greatest investor of our time is keeping a huge cash reserve in Berkshire Hathaway portfolio?
The Donald Trump effect is disastrous for equities all over the world.
Read the link below.

https://www.forbes.com/sites/johntobey/2019/08/30/consumers-are-at-tipping-point-so-prepare-for-bear-market-and-recession/#716d918827d6.

Is Trump the world problem?

Mcy56:
UBA did not have any biz staying in the 6naira region, it should be at the 10naira arena at least, don't know why Mr. Market is just punishing the stock.

......but lancee you like wasting space o.

Time will correct it, on or before final year result UBA will likely visit #10. But within this period they might see #6.5, but the possibility of coming down to 5.40 below is high. Just see what happened to Zenith bank and its passengers, they didn't wait for the qualification or mark down before taken 100 meter race in bailing out.

The way am seen it, ASI will likely visit 25,000 or below within this year, but one thing is certain, it must rise again before final year result.

stcool:
Since deduction is from his monthly Salary all he needs to do is adjust his lifestyle and invest the loan in stocks with good dividend yield between now and DEC.

He will make good money!

It's a high risk to put borrowed money in NSE, most especially loan from bank. In fact it's disastrous, it can kill.
Its never advisable to invest bank loan in NSE.

Nigeria is a country where little news from foreign nation affect the economic, crude oil price affect, politics and election also affect. Manipulation is at great increase.

Country where company will pay dividend this month and go for right issue next month. Country where companies will have positive retain earning for years with low dividend payment, only to declared huge loss in one year and write off borrowed money from the CEO and his gang group as bad debt.

Using bank loan in the individual managing business is better than gambling it in the name of stock jijo. Stock is good for investment, not good for JiJo investment strategy.

Borrowed money from bank never fit in investment ideology, you only invest what you can afford to lose that you have, not what you can't afford to lose that belong to someone else or organization you will continue to pay interest even when the capital borrowed enter voice mail.

Better still let him keep investing between now and December portion of his monthly income that he can do without interest charge than to get his money from bank in the name of loan and keep on paying interest on it. Since the source of deduction is his salary, it's better he invest monthly till December from that of his salary than borrowing his money from bank. Because I see it as his money in advance.
As things are now, he might get some good stocks cheaper in some remaining months before December.

stcool:
They bought from Ote$ at N66 and after then price continued to nosedive. They will do anything to save the price.

I just avoid such stocks... With NSE I am not in a hurry!

My pain is if on Monday they rush out of FO, they will now come and bid UBA higher for me.

I just wanted to continue accumulating UBA below N6 until yr end.

You have an eagle eyes, no matter what hold on to your strategy. Dangote flour you discovered their way are doing good. Cham strategy is on going, UBA at anything below 6 is bonanza offer.

Mpeace:
Access to release result on 15th September. This is not fair at all.

They are still cooking their result. They want to always stay ahead of UBA, but UBA seems to be better than them. SEC should come with a new rule, that every company must pay 50% of their earning, with that cooking practice will reduce.

So far so good, UBA, fidelity, FCMB, Zenith bank has release wonderful result. Month of September seems to be the month of bear, that's the months of opportunity to look and buy cheaper price to increase ones number of shares. One can Easily sell during the first week been next week, and wait for a little while and buy back from the same company, this time with higher unit to compare with what he sold.

Zenith from 19.40 this week back to #17, and might see #16 soon. FCMB visited 1.50 today, might test back 1.40, these companies has wonderful result, but what is happened is just the the stocks routine.

rebekah2011:
It will take a minimum of 3 weeks for the results to be approved by CBN.

What happened, it didn't take minimum of 3 weeks again?, no man/woman knows it all. What someone don't know is bigger than him/her.
http://www.nse.com.ng/Financial_NewsDocs/27462_U_B_A_PLC_FINANCIAL_STATEMENTS_AUGUST_2019.pdf

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

In fact I will follow lead the campaign to SEC, all listed companies must always pay at least 50% of their earning per annum

But for now all thing been equal Fidelity have a good result.

This is a good result q2 EPS of 47kobo
http://www.nse.com.ng/Financial_NewsDocs/27453_FIDELITY_BANK_PLC_FINANCIAL_STATEMENTS_AUGUST_2019.pdf

dipoolowoo:
Stanbic IBTC to Pay Highest Interim Dividend in Banking Sector
https://businesspost.ng/2019/08/29/stanbic-ibtc-to-pay-highest-interim-dividend-in-banking-sector/

That's is positive move.
But if UBA of 5.90, pay 20 kobo interim that mean UBA pay the highest by percentage.

stcool:
Fidelity owners sell to GTB....cannot happen!

Or Fidelity will look for bank to buy

yok:
STOCK MARKET GUIDE FOR 29 AUGUST 2019

Wednesday was a day for MTN as far as MSCI was concerned, other top additions to the fund’s portfolio were: Ecobank, Transcorp, FBNH. The selling side has Access, Nestle, UBA and Dangcem.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MSCI is turn to jijo group.
Those stocks they are selling now, watch within a week they will jump in again, if one follow them sell, you will not know the day they will buy back

Mpeace:
Hw I wish that zenith or gtb will just buy fidelity bank at 10 per share.

This forum is purely for NSEM and news related to it, any other business has their own section.

BullBearMkt:
...movers and shakers of NSE are still in control. As anticipated, the bears have taken over, and the good news is - the bears are with lower energy! If @Chibuking81 forgot to provide the bears with required energy bottles, then the forecast is still intact

As far as crude oil remain above 58 Dollar, NSE is fine. https://oilprice.com