sonofElElyon:


Still interested in universal insurance? I'm selling jointly with chams ! Someone has reached out to me but just remembered you expressed interest. Mind's made up

Yeah. But I am not interested in Chams. Recently divested from Chams and not looking to back in.

veecovee:
Thank you all for the condolences.

Sorry no dey heal wound but it get wetin it dey do.

May the Lord direct you all to the right investments IJN

Sorry for your loss. Please accept my heartfelt condolence

Wapgod:


I am a bit confused, Did UCAP and Africa Prudential recently just invest in Heirs Insurance because Heirs Insurance has been in existence since 2015 based on their incorporation date?

Heirs Insurance Limited was formerly registered as a General Insurance Company by the Nigeria Insurance Commission (NAICOM) in
September 2020. The Company fully commence operations in 2021. United Capital Plc currently own 25% stake in the Company.

check note 22 of the financials for investments on Heirs Insurance

,

GANDALF1:


I think they are probably dumping for one or both of the reasons below;

1. They have information about the company that we do not have at the moment, or

2. They are evaluating the result deeper than we are doing here right now.

If you look at the results properly, you will notice that group financials grew, while the company financials dropped. Now, thats a warning sign.
The company is the engine room. The koko of the business

Such a drop in the profitability of the company signals that something went wrong in Q1 but that they were able to pull income from other sources (which we need to find out), in other to boost the group's results.

What do I know self?

Itibolibo like me

The company's financials is fine. The revenue increased significantly. Infact, the fees and commission which is the engine room increased by over 100%. The reduction PAT was because of a significant jump in professional fees which I believe to be a one-off payment and general administrative expense. The administrative expense also similarly increased in the group and I am suspecting it has to do with recruitments for newly created Hiers Insurance.

emmanuelewumi:



You want to borrow to buy, you are on another level.


What is your payment plan for the loan, I hope it is not through the capital appreciation of what you want to buy?

Payment will be made in a month from another proceed. It is a mid to long term investment because I noticed they are consistent with dividend payment and frequent bonuses. I need to know if it is a good buy at current price.

emmanuelewumi:



It is not listed on NGX, you have to open NASD account.


CSCS, Wamco, Niger Delta Exploration, Afriland Properties, UBN Properties, DUFIL ( makers of Indomie noodles), 11plc formerly known as Mobile Oil, Fan Milk etc are some of the companies on the NASD platform

Oga Emma, Pls is NAHCO a good buy at current price. I need a secondary opinion on it as I intend to borrow to fund the purchase. My analysis is telling me it is currently overvalued

Mpeace:
I have been holding some units of union bank for a while now. Yes we have seen some price appreciation since Titin trust bought majority shareholders out. My question now is: When are they going to buys we the Minority shareholders out as well?

Only Titan Trust can answer this question. But be cautious sha so that what happened to us with Ardova won't happen to you.

I don't know why it's people with nothing to contribute that makes the loudest noise. Keep quiet, no. Say something useful, no. What kind of thing is this?

lexy2lexy:
What’s happening in PZ? It has been rising steadily

Fantastic result. Over 400% increase in profit. Entered the ride at 5.6. My regret is that I didn't buy alot.

https://doclib.ngxgroup.com/Financial_NewsDocs/35381_P_Z_CUSSONS_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

Prettylima:
Don’t forget the person/partner you are always comfortable to call, when you don’t have money.
Please when money comes remember to change their life too.
Am happy for them,
more life.

As I don't have anybody to call when I don't have money and don't need one either. When more money comes whose life should I change?

Mfunkynation:

Hahahahahahahahahahhah
wonderment plus sumptuous!
well seated

You have to declare for boys o

emmasoft:


Expect this type of bonus from companies who will opt for non cancelation of unissued shares between now and December this year as directed by regulators
Presco took the lead and now NPFMFB.

For companies with sound fundamentals, it will be a good experience for the shareholders as long as they are able to keep increasing their earnings.

Nice one. Na to hunt for companies with unissued shares be that. Do you have a list please or what's the simplest way to get the list?

NPF Microfinance to pay dividend and bonus from unissued shares.

emmanuelewumi:



Thank you very much.

The guy/girl no know who e dey talk to

Cutix bonus and NPF right issue have been credited

Nigerialabalaba:


oga mi, talk true , you too like giveaway .

If Baba Eleniyan dash u all for 150k and next week and upper week, universal con do like Nigerins abi RTB dey do ten ten percent reach 49k wey fetch you N735k from N150 in 2weeks, shey u no go fear quickly return am to the oga before d matta reach awon ancestors?

Return ke. Like say I won't part with my hard earned money for a risky asset. Even the ancestors go reject the matter. The OS is too huge to do like Nigerins. So no be giveaway.

Bad belle people full hear. See as them don cast my opportunity to acquire an asset. sonofElElyon if you change your mind holla me.

sonofElElyon:


Oh. Thought you said 10k for all..
Yes it's reasonable and noted!
15k net per share excluding fees and commission will fly

10kobo is what I can offer given the risk.

sonofElElyon:


I said reasonable offer.. how much is your offer per share bro

That's 10kobo per share na. Is that not reasonable?

kolaish:
Kindly expatiate how the platform is meant to scam anybody. I want to learn too.

To the best of my knowledge, the information circulated on the platform borders around stock investment, what to buy, reason to buy and general group discussion and opinion, just like we are doing here. I joined 3 days ago and at least the information there is not a waste.

Nobody is asking anybody to bring any money for investment nor do they have a stockbroking arm they are recommending for anybody to invest their fund.

Because one of the number is linked to a food vendor who is also into a lot of things

sonofElElyon:
I have 1.5million units of universal insurance and quite willing to sell below 20k per share.. give me (reasonable) offer!

10k and we have a deal?

Payunsin:
Bought 117,000 units of Ncr on Friday even bidded for more based on what I read on this forum. I intend to buy more on Monday. I just believe I can be getting good dividend from it in the near future.

Hope I am right?

Which dividend?

dharpzee:


For me, I will join the profit takers, and enter back at the lowest position with more units, which will be equals to more dividend

I think I will go with yMcy56's advice. Maybe buy more after markdown

robobo:


I was expecting a bonus also since its a growing company and it is expected that a 10% increase in outstanding shares wld not negatively impact the future EPS ceteri paribus when examined historically.

But as u said the 1.50 was also a good and pleasant surprise. it is well

It is more than well my brother

dharpzee:


Expecting profit taking to be initiated on Monday and Tuesday, before it re-stabilizes

I am kind a confused whether to join the profit takers or not

emmasoft:


https://doclib.ngxgroup.com/Financial_NewsDocs/35138_UNITED_CAPITAL_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_20.pdf

Dividend N1.50

Omo. That's 31% dividend yield from my entry price. Was expecting a bonus but this will do. Blood money dey NSE o

Calebbold:


From your post, I notice you said as at November 2021, the worth of your portfolio is 97M and you earned 9.77M as profit...that is, you made around 10% as profit last year.

Well, I am not suppose to say this but I just have to since we are all here to learn. Bros, I think you are not earning enough with the huge fund at your disposal.

The market paid so well last year and you only made 10% as profit?

Honestly, I think you have to do better.

It is dividend not profit. They are different.

goody234:
guys shall i dump my okomu oil shares that fire seem really bad cut my losses and buy when its cheaper

I will advise you sell if your loss is less than 10%

Given Lasaco's poor result, is current price a good entry price?

OBAGADAFFI:


Really ?

Is it the Twelve (12) shares for every nine (9) ?

Yep.

GANDALF1:


This was how you were making mouth and forming fake_ analyst until all your recommendations flopped and you ran away for ages.

Mr, Just face your trade and leave my posts for those it is meant for.

Bleep off