₦airaland Forum

ukay2:
Please my oga feelamong... What should be your advise for 91days NTB rate......Heard CBN Como rate yesterday was @18%...

As at on friday 91 days closed at 15.3

182 days closed at 18.5

364 days closed at 19.6


Lets wait and see the rates for monday first before tuesday bid date

unite4real:
Have you been able to get your coupon payment?

Not invested here.... so I cannot tell!

TOTAL NIG PLC INTERIM DIV

PROPOSED DIVIDEND - N3

QUALIFICATION DATE- 19TH AUG 2016

CLOSURE DATE - 22ND -25TH AUG 2016

PAYMENT DATE - 6TH SEPT 2016

http://www.nse.com.ng/Financial_NewsDocs/14555_TOTAL_OIL_NIG_-_HALF-YR_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

This is what you call a RESULT

they even added an Interim div with a closure date that has past

bad for traders that JIJO


http://www.nse.com.ng/Financial_NewsDocs/14559_TOTAL_OIL_NIG_-_INTERIM_DIVIDEND_CORPORATE_ACTIONS_JULY_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/14529_ECOBANK_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

So FOREX gain no even fit epp these guys?

megainvest:
http://www.nse.com.ng/Financial_NewsDocs/14518_UBA_-_LATE_FILING_OF_HALF_YR_ACCTS_CORPORATE_ACTIONS_JULY_2016.pdf

Ok Nice..giving us more time to accumulate before results come in..

this Naira float is really decimating coys o!

any coy that has taken foreign loan is in a deep mess now..just look at Nestle and Glaxo...

Chai!!

anyway to to target Nestle when him don fall finish..

This oppurtunity to own Nestle might never come again

battleaxe:
@feelamong
What does your bank give you as evidence of purchasing bonds? I know for TB you get a certificate or something. Is it same for bonds??

You also get a certificate/Investment letter

Intendy:
12 billion loss pere

Just keep buying more on the dip!

fxuser:
PalmOil is smiling

http://www.nse.com.ng/Financial_NewsDocs/14489_PRESCO_PLC_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf


First it was Okomu...now its Presco!

palm oil business actually pays

fxuser:
the big daddy of FX gains is GTbank.

na so FOREX GAIN of 16,938,283 take help FCMB

lancee:
Before we analyse result , fcmb don go bid ..be like say some people dey see these results before dem post am self..NSE

same FCMB that was everywhere at 1.35 yesterday??

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/14480_STERLING_BANK_PLC_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Is this Loss of N8B that am seeing or what??

http://www.nse.com.ng/Financial_NewsDocs/14483_FCMB_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Excellent result from FCMB

almost 90% growth in EPS

megainvest:
See kponmo for market!

http://www.nse.com.ng/Financial_NewsDocs/14471_TRANSCORP_PLC_-_PROFIT_WARNING__CORPORATE_ACTIONS_JULY_2016.pdf

I'm not surprised at all.

50kobo....here we come!

Cyriacusifeco:
When the facts change, I change my mind. The facts changed for APR the moment they were asked to return all unclaimed dividends. Before then, I reasoned that those unclaimed dividends would keep mounting until the news came. This was the moment the growth potential was killed. Currently, the driving force behind UCAP is its ability to generate cash in the form of managed funds. As long as these funds keep growing, together with good discipline on operating cost, the EPS will likewise head north and as EPS heads north, likewise the share price. The psychological tendency for Mr Market to act irrationally will of course often suffice. And so there would always be hiccups as we saw some time in January when it was battered to N1.05. But yes, over a long period of time, stock prices will always reflect intrinsic value. I have always believed that one does not need too many Ideas to succeed in the stock market. It's too difficult to find a good business at its infancy and once I come across one, I load up and sit on my ass. Some ogas here make more money even while snoring. Making too many decisions day in day out exposes one to error!!. The brain isn't much adapted to function that way. I had to port the moment I got the news and since then, my life has never been the same. Can't still believe that some years back, this coy currently at 2.40 gave a right issue at N0.90 per share. It's a game changer. But yes, no tree grows to the sky.

DISCLAIMER: Never a buy or sell recommendation. We all know that I have often been wrong. And this may not be an exception. DO YOUR DD!! It's your money dear...

Bros take another look at the Financials of this coy...

look at the Liabilities side..Nothing has changed much. Their Customers' deposits (which represents Dividend, return monies and other interests re
ceived from clients but yet to be claimed) actually increased to 12,178,379 in H2 2016 from 11,331,469 in H2 2015.

In fact in particular the Unclaimed dividends increased from 10,552,290 in H2 2015 to 11, 448,771 in H2 2016

what actually hit them hard was their investments income from Treasury Bills. This nose dived from 426,677 in 2015 to 90,990 now!

We all also know how low the TB rates have been since beginning of the year until recently. Rates dropped to as low as 3 -5% earlier in the year. As we speak these rates are now as high as 14 - 17 %.

I still think they will turn this Investment Income figures around by year end. (Hoping that they did not do long tenor investments earlier in the year)

The share price will definitely drop...but i want to advise those in it not to panic and sell..

for those wishing to increase their stake...there is no better time than now!

Disclosure: I have 2 units of this stock in my Portfolio

ukay2:
Oga feelamong....please any interim dividend for APR?
Please reply...am loaded in APR

No Interim sir!

Let's wait till year end!

I also expect the bears to devour this well!

N2 here we come!!

http://www.nse.com.ng/Financial_NewsDocs/14454_CUSTODIAN_-_HALF-YEAR_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Management are now chopping a lot here o!

abi have they started buying Private jet for their MD?

http://www.nse.com.ng/Financial_NewsDocs/14455_ZENITH_BANK_-_LATE_FILING_OF_ACCTS_CORPORATE_ACTIONS_JULY_2016.pdf

Approval for Extension of submission to Aug 31st 2016

and the wait kontinus

http://www.nse.com.ng/Financial_NewsDocs/14449_AFRICA_PRUDENTIAL_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

These guys need to rejig their Investment team...

OK..the first 3 - 4 months of the year had very poor rates on Treasury Bills

We should expect a lot better now as the rates on Tbills are on the high

Intendy:
http://nse.com.ng/Financial_NewsDocs/14448_DIAMOND_BANK_-_HALF-YEAR_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Once again its Forex devaluation that saved these guys...

"Foreign currency translation differences for foreign operations -N7,360,149"

am just wondering how that of UBA would be considering the number of branches they have outside Nigeria that report their earnings in dollars ....

Intendy:
http://nse.com.ng/Financial_NewsDocs/14428_DANGOTE_CEMENT_-_HALF_YR_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

"Non-cash exchange differences on translating net investments in foreign operations" -68,420M

WHAT DOES THAT MEAN?

Forex gain? cos na wetin save Dangote be that!

battleaxe:
No, the 12.5% 22-JAN 2026

I think you need to speak to your bankers urgently...

The coupon on this one has been paid since na

battleaxe:
Is anyone facing delays in receiving their Bond coupons that fell due last week??

You mean the 16.39% 27-JAN-2022 FGN Bond?

wait till the close of business today...

at times these bankers could be funny

Desanta:
Write a letter to your bank telling them you want to terminate your NTB.

I usually terminate at maturity instead if rolling over, so I don't get penalized.

The percentage is not fixed. It depends on the rate you bought it and how long you have held it. The bank will do the calculations and let you know before they ho ahead to terminate.

haha

when you terminate at Maturity did you terminate?

anyway Your bankers can decide to discount the Tbills when you want to liquidate earlier than maturity..

all they do is to use a discount rate which is usually lower than the amount you bought it.

like i said before most banks would not do that for retail client like us..

Stay committed to your decisions, but stay flexible in your approach. - Tony Robbins

#GoodMorning

This Baba keeps bailing out companies..

The last time he bailed out May and Baker ..now this Ntel

when he Buhari allow him to bail out Naija