₦airaland Forum

megawealth01:
One thing I like this market and time is that it has always vindicated THE MEGAWEALTH as a sincere person without the MH spirit... All stocks I dropped here gave people good returns whether penny or not...

Make una go buy ACCESS BANK now but na when it's selling from $30+ una go dey ask for ANALYSIS

DYOR sha

Utalinmou:
Make one bank collect this one

Mpeace:
Transcorp already owns abuja disco

mails4funshi:
I think the total number of trades for most equities @ COB is not correct on the itrade platform, suggestive of a glitch.

You may want to clarify from another platform.

Mpeace:
Take a look at Dang sugar and nascon trades for today. No single 100k deal but they both made 10% price appreciation. I noticed it happen on manÿ different stocks at different times.
By the single 100k rule, both ought not to move today but they did.

I do not know, but I noticed stocks move on cumulative/consecutive trade at the same price.

Agbalowomeri:
I don't think so
You are pushing for TRANSCORP price to go to match TRANSPOWER

I am pushing for TRANSPOWER to come down to match TRANSCORP 😂

Agbalowomeri:
Or you meant should 50% of TRANSPOWER be worth more than TRANSCORP?😂

Princkez:
TRANSCORPOWER shareholding structure

Streetinvestor2:
Alhaji good dividend not minding the present share price by ote. From dividend of #20 to #30 is heavy

yMcy56:
Na so e dey be sometimes.....
Similar scenario played out in GT and ZENITH too........before GT later reclaimed its position....

Some of them are destined for leadership. We'll see what will happen in the case of UBA/ACCESS as well......
While elephant may continue to come from behind and overtake...... Na just my opinion o.

In this market, one can neve4 say never......


* Meanwhile, some of the Insurance stocks delivered very good results as well.

Locotrader:
https://doclib.ngxgroup.com/Financial_NewsDocs/39636_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_OCTOBER_2023.pdf

OBAGADAFFI:
investnow.ng(United capiatl)

OBAGADAFFI:
I think it depends on Brokers.



I bought some shares through a broker on the qualification date and I got dividends without filling out the mandate form.

But for another broker, I had to follow up with the register before getting my dividends.

Mpeace:
So today, transcorp fell from 1.40 to 1.32. Then now returned to 1.41. Meanwhile 130million units done already. I strongly believe there is something going on somewhere that we do not know about.

emmanuelewumi:
Possible if the economy grows, housing deficit of 20 million units is reduced, infrastructural deficits are addressed. Our population should clock 400 million in 40 years if the population growth rate is not addressed, the people will definitely need houses, schools etc

emmanuelewumi:
1000 units grew to over 25,000 units between 1980 and 2020.


N100,000 invested in 1980 must be worth over N1 billion Naira and dividends of about N400 million in the last 40 years

DeRuggedProf:
I fear JAPAUL pass OANDO ooo....

One of my early professors was JAPAUL. The notes I took can't fade! Never knew there was REDISH GREEN RED!

Ponder over STILLBIRT!!!

Be very very very careful. A frail old man has no need for a virgin!....

DeRuggedProf:
VCV no ready. He is wasting time on Peter. How do you take 10% tithe from another 10 percenters?.

meshpips:
My computation is from year-to-date.

When you delve into the VWAP study, you will see such a thing as ANCHORED VWAP which refers to the start point of the computation.

The analysis for GTBank had a 9 or 10 year look back period while this one for Zenith only looks back to the start of year 2020 (this was why I told you 12 months as the time frame within which you will see these things come to pass).

If we ask the right questions, we will get the right answers.

meshpips:
Let me show us a few things from my volume analytics :

Last week closed at 16.95 while last week's VAP was 17.44 (this was why I said touching 17.44 will be the litmus test for Zenith as at last week).

For this new week, the VAP is at 18.08

We still have about 509 million units of stock in the net sell direction as shown in the K column.

[b]If price touches 18.08 this week then closes with a bearish body next week, Zenith will sell back to the 11.90 low (maybe lower)[/b].

18.08 is the price level to watch for this week.

Mcy56:
Stanbic N31...
I mentioned this Stanbic when it was trading at 23 and about to reverse up.....good luck to those who were able to decode it then......after all Wetin I know. Just an ordinary keyboard warrior.

gamaliel9:
What you wrote here is different from my experience with another app CHAKA..all the companies that paid me dividend, from Gilead to Altria, and recently AT&T,Verizon too,all of them paid my dividend straight to my wallet, then i exchanged them on the platform,then withdrew to my bank account. This is for US stocks
Then for local stocks, i dont buy there,i use Meritrade and ARM..but people buy Nigerian stocks, cscs and chn numbers are sent to them.. they now DOWNLOAD E DIVIDEND MANDATE from relevant registrars,fill and sign,stamped by their bankers and sent to registrars OR submit at their bank. Many have gotten their dividends this way. May be Trove is different.

dinyelutochukwu:
These guys are a wonder to behold.
To think that their dividend yield beats that of FUGAZ tells you how magnanimous their management are.

millennium2012:
I have officially closed my account on Trove. Their rip off is too much. Imagine charging $2.5 for every order no matter how small, outside conversion rate of 368.8/$. Coupled with their app anomaly. I will end up working for them. I think I'd rather stick with Etoro, pending when I get a better alternative.

DeRuggedProf:
N366/$ when I tried....

OakPearl:
STOCK FOCUS

Enphase Energy (ENPH) $57.22

ENPH rose as much as 43.3% today after the company reported fourth-quarter and full-year 2019 operating results. The solar hardware leader met the top end of Q4 guidance for revenue and gross margin. It was the company's first quarterly period with at least $200 million in revenue.

Even more impressively, the business generated full-year 2019 operating income of $102 million, compared to only $1.6 million in the previous year. Enphase Energy expects for the momentum to continue in the first quarter of 2020, but management has already begun preparing investors for slightly reduced operating margin as it ramps up investments to support its fledgling energy storage portfolio.
As of 1:24 p.m. EST yesterday, the renewable energy stock had settled to a 39.3% gain.

There is money in this stock today for anyone interested in momentum trading.
I will do a quick one.
Due diligence advised.