₦airaland Forum

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

onegentleguy:
Here's to the fellow who asked if PRESCO was undervalued after I posted a highlight on OKOMU...
YES... indeed PRESCO is GROSSLY UNDERPRICED!

...infact, slightly even ahead of OKOMU should one compare the current mkt peg to their value accretive stance/potential.

Using a mix of valuation model that adopts a highly CONSERVATIVE approach by raking-off near 2x peg to surrounding risk including a further premium given that the just released report is unaudited, I have a FVE of N139.58
...which implies an approx 59% discount from Fridays closing price.

[i]Rating: Overweight/Overperform[/i

In PRESCO, I believe.

CAVEAT: Due diligence still applies as always.

Selah

Chief abeg analyse this AIICO result.
https://doclib.ngxgroup.com/Financial_NewsDocs/34988_AIICO_INSURANCE_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf

OBAGADAFFI:
Russia and Ukraine crisis might affect Oil prices.

Yeah. It is already having impact on oil price. However, with the miserable dividend I received last FY, it is better to align with other oil firms. Besides, they just completed acquisition of Enyo. I don't see any increase in dividend this year.

PETERiCHY:
ARDOVA OIL about to take off...

BARGAIN HUNTERS TAKE NOTE!

Take off to where with their poor dividend?

customstreet:
Road Plc suffered the same faith before it eventually wound up. Declared 1 for 4 bonus and 45k dividend. Took almost a year before the dividend was paid and bonus never acted upon. I wrote a lot of petitions to SEC, NGX, African Prudential and the company itself, all to no avail.

For me, I don’t think SEC is actually protecting the interest of shareholders but the interest of anybody that contributes to the SEC pocket. If u check very well concerning inaction of SEC to approve the corporate action embarked upon by those companies, it would not be more than money issue- companies not meeting making one payment or the others to SEC

God will help us

It's a pity. There is nothing we can do but to wait and see.

RodgersAkpafu:
I bet Red Star express is having the same issue

I am not sure about Red Star sha

edwardaigb:
Yet to receive mine.

Found out that SEC is yet to approve. I don't understand what SEC is doing this days

NPF right issue - SEC yet to approve
Cutix bonus - SEC yet to approve
AIICO bonus - SEC yet to approve

Ordinary approval is taking them forever to do. Na to invent ways to rub investors in the name of fees them sabi

Has Cutix distributed the bonus?

Happy new year guys. I foresee bonus declaration from UCAP

OBAGADAFFI:
I think the one from UACN has been credited.

I just saw it in CSCS account.

You are correct. Just checked my CSCS account and it is there

eziokwunwoko:
Please , Goodevening house members, UAC SHAREHOLDERS, PLEASE WHO HAVE BEEN CREDITED WITH THE FREE UPDCREITS SHARES.
I AM YET TO RECEIVE MY OWN.

Nobody has been credited.

yMcy56:
Don't think this is correct. The ratio doesn't seems to tally.
Those crossings looks suspicious as well.......
Thanks anyway.

Apologies for the mistake.

here is the correct ratio: 226 UPDC REIT units for every 1,000 UAC shares owned

yMcy56:
UACN /UPDC-REIT UNBUNDLING
Pls can someone remind me about this scheme of arrangement
Even myself had posted it before but now I don forget am......make you no vex.

https://doclib.ngxgroup.com/Financial_NewsDocs/33996_UAC__OF_NIGERIA_PLC%20SCHEME_OF_ARRANGEMENT_CORPORATE_A.pdf

Cc: @Talk2me2 ??

I think it's 1 REIT share for every 22 UACN shares and the qualification is past due.

megawealth01:
The thing is MTN is going through proper repositionings...

My opinion.. Not a recommendation... DD applies as usual

https://www.premiumtimesng.com/news/top-news/493319-updated-mtn-nigeria-to-launch-first-public-shares-sale-offers-575-million-units.html

Yeah. There is another strategy that is not public.

OBAGADAFFI:
MTN might be GOLD, but with the recent 575 million ordinary shares offers, the price might fall in the short term.


The offer price might be below the Current Price.

There is a strategy in place to ensure that the sale won't have negative impact on the price.

Please has NPF distributed the rights issue subscribed earlier?

yMcy56:
That's why sometimes, my opinion always differ from the analysis here....
Mr. Market will always do what Mr. Market will do irrespective of some opinions here.............
Not totally saying they may not be right......but I use it to gauge some actions and inactions sometimes and follow my mind where convinced.

For instance, same NGX that someone is waiting for @10 still closed without shedding price and, with more bids than offers........just siting an instance....

Think the best bet is to have a strategy in place. Not neglecting time to time review of the Coy's stand.
If I'd panicked, would have sold at loss but just zeroed my mind to either average down if it bottoms or just leave it.

I am waiting for it at that price unless they declare a higher dividend than what Emma projected. Even if it takes 2 years I will wait it out. If it comes fine. if it doesn't fine. It's going to be a long term investment for me so I have buy at a good price.

Marketapprentic:
Oga Loco, what do you think of the international brew? Should I still dive in?

This must be sarcasm

currentprice:
try here bro https://doclib.ngxgroup.com/Financial_NewsDocs/34366_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_3_%20_.pdf

Woh! 2000% increase in PAT or am I seeing something else?

locodemy:
This is interesting

That's how I choose entry prices o. Except for huge volumes like FBNH

emmanuelewumi:
The previous annual report are available, it was a wasteful company I believe things will improve now that it is listed.


Those of us who bought 4 months ago on NASD thought we would get dividends for the business done in 2020, alas their was no dividend to declare.

Thanks for the info.

emmanuelewumi:
Should be able to pay a dividend of N1.00 per share in the next 2 years

That means the best price to enter is less than or equal to N10 going by dividend yield.

samguru:
until i see their Q3

Alright. Thanks.

samguru:
Fantastic Q2 result.

EPS at 97 kobo

atleast I have been shouting here that people should buy before now

My full year EPS forcast of N2.20 is still on track

What would be the projected dividend yield?

samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/34280_AFRICAN_ALLIANCE_INSURANCE_PLC%20_NOTICES_OF_ANNUAL_GENE.pdf


Good move by African Alliance

They sold and re-purchased the same shares in PAL. How is it a good move?

onegentleguy:
Hello everyone!
Trust we are all doing ok and keeping safe!
Being away for a while, trying to help save the life of a loved one with a health challenge.
Many thanks to all those who reached out to me. ...a few have also helped give me the added zeal to come back earlier than I could.

May God continue to guide and protect us all!
Regards

Glad to have you back boss