₦airaland Forum

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/41179_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

This is massive

Kwibaba:
For learning purpose, was there a sale of 100,000 units?

yes there was

Mpeace:
But I hear say dolllar touch 1400 yesterday. They claim its the rate for 25/04/2024 they will use, and the announcement would be made today.

yes. 1,410 to be precise. I want my dividend in dollar abeg . But today is qualification date so let's see what dollar will close at

Mpeace:
I am seriously interested in the exchange rate to be used by Seplat in paying oue 2023 full year dividend.

1200 won't bad

Coronation have still not paid my Access dividend

Who else has not received Access dividend like me?

Please who's Access bank's registrar?

DeRuggedProf:
Which waist we go use? Dangote don fracture our backbones...
I even vex throw the Sugar for my house away. I am going Sugarless till end of this month...

God abeggggggg

Zagee:
DS this DS that. Its still a good stock. Bad earnings for last year(no dividend), but it will be stronger this year. Commodities has been on the rise- notably sugar and cocoa.

I am equally trying to get my small quantity out of the door. If I can't fly through to save capital gains, I'd just sit-in and wait for the bottom to average down.

Peace unto this house.

PS: Ginalex I hope you're OK?

I'm trying to be o Alhaji do me strong thing

Alhaji and I thought you were different

gbengafaro1986:
UBA Result out

final Div N2.30

niceeeee

yMcy56:
Even me self don go check the page based on your post.....
Ginalex oya come confirm if na you dey that pic.....lol.

My oga... Na me o

₦3.13 proposed final dividend for Transpower

Mpeace:
Transcorp hotel of 97, paying dividend of only 20kobo.

Abysmal

OldBeer:
Thank you for ignoring riff raff.
Please keep on sharing your wealth of information. Some of us look forward to it.

I see you useful human

Mfunkynation:
Chai...
I never knew that you can look for trouble 🤣

I no like trouble honestly. But the era of sterling @₦1.40, Chams @20k and livestock at 92k don pass na... Prices are no longer on those levels na. Make we focus on current market realities and prices. Doesn't change the fact that OGG is one person I respect here

E99E:
What era? Must you comment on what you dont know? Cant you read and ignore and leave for others to pick one or two clues. Enough of these unnecessary second opinions

k

onegentleguy:
On the part in bold, broadly yes.

But there's also plan B.

A few banks may decide to go the route of a bonus issue, which is another means of issuing share capital and increasing their paid-up/paid-in capital, instead of a rights issue.
The way to guage the probability that a bank could do a plan B would be to look at the anatomy of her SCS and juxtapose it with her SPA.

There's also a possibility that some banks might decide on both a plan A and B (,ref: rights issue and bonus issue)

There was a reason I initially recommended STERLING BANK @ N1.4+ and still went ahead to include it in my 1st outline/recommendations and investment guide (not series 2) @ N3+ after it had already achieved a massive 126% CGY.
Well, Mr STERLING would later rally to N7+ printing an astronomical 415% and 110% CGY from the initial entry peg of N1.4+ and N3.4 respectively.
Aside fundamentals and technicals, the decision to adopt a holding coy structure was going to be a favourable one for the bank.
There was also a reason I fell in love with GTCO @ N17+ prior to that time.
Recall I kept screaming that the bank was a buy at the time but perhaps some persons were waiting for the price to drop to 80k.

Saying that I also like JAIZ BANK, another asset that was recommended in the 1st outline @ N1.4--1.5, should already be taken for granted.
Congratulations to all those who sold @ N4 booking an impressive 185% CGY.
...I still like JAIZ BANK! (gave reasons and clue in many of my previous post) and a few other banking names.

But of course, I also love a few other asset names!

For those who've got the outline/recommendations and investment guide--Series 2, hang in there and be happy to hold. Some are already a bit up and rallying... others will follow suit in time!

It is well

No offense sir but I think we've gone way past this era but I notice you keep making reference to it over and over again especially when you want to talk about your outline/recommendation guide. Can we just focus on current market realities/prices Thank you

Please who has received Afriprud dividend?

debeey87:
If you have a stock portfolio of over 50m,

Will you sell to generate fixed income of at least 10m given current rates of over 20%. If not how will you balance your portfolio to also take advantage of bothe the ngx and fixed income rates. Total annual dividend from same portfolio is less than 4m

This is not a bad idea at all.

I would split it 20% 80%. 20% in FI and CP investments. And 80% in equities. Giving that I'm still "young", I'd take as many calculated risk as possible at this age as I can still stomach risks considering my risk appetite. Just imagine buying DS/NS at current prices and then it's relisted at say N100. That's almost 100% ROI. You can even consider other fundamentally sound stocks for Capital appreciation and good dividend payouts... E go make sense. That's my 2kobo sha

#Edited

ExcessKJ:
Please 🙏, this N'M means the figures is to be multiply by 6 zeros right? Or what is the appropriate interpretation of the N'M

Secondly, why are some figures on the sheet written in brackets. Thanks

@ the bolded yes. For your second question, figures in bracket means the figures are negative

People waiting for MTN to touch 160 levels bayi una sure say e go happen? I just pick small at ₦185 yesterday just in case e no happen because na full bid I dey see so

yMcy56:
Lol. You should have started picking in tranches from 50.....

6/3/24

I picked more NASCON 43.35 and Dangsugar (46.5 so it averaged up my WACC to like 44)Make more low come till I'm well loaded. Na just funds be the small limitation. But God dey

jadyclem:
Thanks.
But, Are they better than trove app?

I don't know how trove works so I wouldn't know.

jadyclem:
Thanks. Is the name of their app on playstore cardinalstone security?

CSAlpha. But you'd have to have a trading account with them to be able to use their app

jadyclem:
Hi
Please which app do you use to buy Nigerian stocks?

CardinalStone securities. I use their app for my NGX trades

I was able to buy tashere T-Power today at 290. We must make this money this year. Amen fire!!!. Also bought more sugar and salt at bargain today

KarlTom:
Nothing is as painful as seeing an insane deal and no funds...

heart wrenching

yMcy56:
Nice one!
Market is reacting positively to it

That's why it's difficult to time this market!
Chai! And some people still buy this stock @28.80 earlier........was even on full offer then....

UBA now @22.50 ....Up with +N2

It means ZENITH @31 earlier was cheap!

MTNN @220 intra-day......was selling intra-day @202 or so yesterday and earlier today!

Bought some at 200.70. but money no plenty

yMcy56:
Technically, NASCON doesn't seems to exist anymore.
Let's keep waiting for update from that angle.
Anyone trying to enter BUAFOODS should be buying until an official announcement is made......and suspension placed on them.

Dangfoods you mean

Agbalowomeri:
It means what the Bleep

I don't believe you

onegentleguy:
Alhaji might be up to something!

N80 now appears to be a short-term psychological RKL while the green colored moving average holds as a strong support zone.
Should we see a breakout (and close) above that RKL on the WTF, then price action will likely make a HH. (simple chart representation below)

This asset is "fueling up" for a great ride.

Upside potential maintains a near 1 probability!

#ds&nasconpotential

Kindly explain the bolded. Thank you