₦airaland Forum

handsomebolanle:
When do banks declare interim dividend? Any idea of the time-frame?

Mostly after Q2 result is released.

megamart247:
ACCESSBK is a JIJO stock unlike the rest in FUGAZ.. Today it traded between #24.50 and #26.20 and some cashout. the 60% I sold today I made roughly #18m profit

Guess you are happy it's heading back to 22 as their overhead is to much

I'm so happy and I hope it will remain like this till the end of August 2025.

Their excess over head is probably as a result of ACCESSCORP's massive acqusitions.

ACCESSCORP @ below 35 Naira is still undervalued. ACCESSCORP's Q1 2025 earning per share of more than 4 Naira can cover its dividends for the interim and the final one in the 2025 financial year.

Mrfixitt:
I believe that rumour. Buhari was cloned after his death

Alright

PETERiCHY:
LOCO don CASHOUT no more BLUE SEA

BARGAIN HUNTERS TAKE NOTE!

I laugh in Chinese!

Locodemy is the slayer of pigs and piglets

PuristForest:
as a newbie, stay away from banks, purchase other sectors, they are safer and more assuring, services, conglomerates, consumer goods, industries ...spend some time and reserarch a bit - https://ngxgroup.com/exchange/trade/equities/listed-companies/ , join ewnation.com

Is like you are underestimating bank stocks in Nigeria?

Banking stocks have the best dividends.

Omooloriredade:
Yes o! Newbie aye!!! One in a million.

Yes and it's the same GDR you're errorenously referring to all along. It will be delisted as I earlier advised. GTHC is the ticker to follow and it's trading at c. $0.057

But the GDR is trading today.

leo1234:
Lol

@Edueco is promoting his stock.

I'm not happy that Zenith Bank,UBA and ACCESSCORP have move from their old prices.

I usually buy every month.

Omooloriredade:
Oga, how long have you been trading in the stock market? You allow yourself to be led by someone that has severally told us he is a newbie?

GTHC is the ticker to follow. The other is the GDR which will be delisted. Please look up the meaning of GDR and find out what each one represents. You were right all along. It's approx. $0.057 per share on the LSE.

Excuse my manners. Sometimes it just gets to you

Oga Guguru!

The GDR is expected to delist on 31 of July 2025.

I'm still a newbie.

Mpeace:
That is like N4,400.
Wow how can I sell my Nigerian holdings in London abeg. lol

You can only sell in the Nigerian Stock Exchange.

The pigs are on their way to be eaten.

Mpeace:
the price is not 2.76dollars. it's about 0.057$
Go and crosscheck

The 0.057 US Dollar is Naira equivalent of 70 Naira(the listing price in Nigeria).

Below is the current price in London Stock Exchange. That is 2.88 US Dollars

HesInMe:
Lol. It's not that serious. All na yarns. I'm happy for people who made money in Ellah, and hoping they -- especially the ones with limited means -- are smart enough to know when their luck runs out.



So this is just opinion? "...fundamentally, at ₦12.60 per share, the company should either be paying around 90 kobo in dividends or generating free cash flow close to ₦3 billion." What informs the logic? Why didn't it apply at N8 per share?

Their luck cannot run out .

Lekos is on its way to 100 Naira.

All these promoters don start dis morning

Mpeace:
That appears to be less than the N70 listing price, if I am mistaken.

2 .76 US Dollars is not less than 70 Naira

ACCESSCORP has sold more than 600 million Naira as at 10.06 am!

Ladygracy:
The news as of today.

It should be close to 100 Naira.

Mpeace:
That is in Nigeria. We don't know the price on the London exchange. It might be cheaper, just like seplat

This is for London Stock Exchange.

Ladygracy:
Heard GTCO just issued new shares at 70 naira. Can I buy at this price from my stockbroking app afrinvest?

A unit of GTCO shares is around 90 plus Naira now.

HesInMe:
Now you remember fundamentals? What was fundamentally supporting the stock at N3, N4, N5, etc., with zero revenue?

Since fundamentals don't matter, let's go to the moon!

They believe the astronomical increase in share price is better than fundamentals.

Gentledove2001:
Please since you "believed" these statement, please don't cross any main road alone. You really need help.

I know you will never believe the last election was rigged.

jonnysessy:
EDUECO, you are always joking. Please, when do I take you serious. Just asking to be guided. Maybe, when you don't add just joking 🤔

I do joke sometimes

Erniemax101:
I was not owing, iv cleared my previous stocks and wanted a fresh start.

It is like a buy commission of 18/19 or even 20 % was used in calculating your average cost?

This is definitely not fair. I'm of the view you were over charged.

Erniemax101:
I’m a Delsu Abraka X-Boy who grew up in Benin, go and ask, we nor dey fear face. If I had ties with other platforms, I’d own it with my full chest. That said, let’s focus on the real issue here.

I’ve asked a straightforward question, and for transparency’s sake, I’ve even attached my correspondence with the Bamboo app for your review. Like I mentioned before, I might be wrong and I stand corrected if that’s the case. I genuinely believe that what we don’t know is often bigger than us, which is why I always approach things with a learner’s mindset.

Now, here’s the question again: if I previously bought a stock and sold it. meaning the transaction is fully closed and I later decide to buy that same stock again, does my new purchase inherit the average cost from my past transactions?

According to the Bamboo team, it does, but I strongly doubt that. If the answer is yes, then fine, lesson learned. But from my experience with Morgan Capital, I’ve never seen this kind of calculation carried over like that.

Please take the time to read the attached correspondence carefully. I’m open to clarity, but I’m also calling things as they appear.

If the ones you bought at higher prices was added to the recent ones you bought at lower prices,then Bamboo is right.

But if you weren't owning any Oando shares before these ones you bought at 37.80 and 41.60 Naira ,then you're right.

synoble:
Please let me join your guidance or classes, I'll need your teaching too...I'm available for any lessons or sessions sir.

Are you a lady ?

Do you have what dey can guide?

Just joking

It is now they want to bury him

There is a rumour that he died in 2017.

ositadima1:
You wouldn’t understand, would you? Your views are purely black and white — either good or bad, with no in-between.

There’s nothing wrong with that if it works for you, honestly — just saying.

You may be right!

Is like the money doublers don't wanna make money again?

Ellah lekos on the beat!

I know Ellah lekos must get to N100 before December 2025.

I'm just laughing in Mandarin


笑

ositadima1:


From a TA perspective, EllahLakes may drop to ₦7. It’s been moving without strong backing, and I think it could come down to ₦7 and oscillate between ₦7 and ₦9 until a major driver emerges again.

Remember, fundamentally, at ₦12.60 per share, the company should either be paying around 90 kobo in dividends or generating free cash flow close to ₦3 billion, given its current outstanding shares.

Don’t get carried away — take profit while you can.

Ololos

If everyone takes profit in Ellah lekos,then the stock may go back to 2 Naira.

Ellah lekos is on its way to 100 Naira.

I laugh in Chinese
笑

fashionnisir:
the stock brokers are to start developing means to be able to revist when sales are made to avold funds hitting the bank account to avold faxing it. some thing like drip for investing in us stock exchange.

You're probably right!

Streetinvestor2:
Me thinking aloud concerning ngx.Sometimes thr is multiplier effect when things happen. I hope the burst of one company does not send mistrust to new comers into ngx which may create bloody red on ngx. It will equally affect me oh.The regulators need to sit up to thr responsibilities on time

My candid advice for beginners in the Nigerian Stock Exchange is for them to buy companies that have been paying dividends consistently for the past 10 years.

With the above,I'm quite sure they would never have any reason to regret in the next 5 to 10 years.

leo1234:
Risky but highly rewarding. 😬

Congratulations to those in the bus.

I was just joking!