₦airaland Forum

UACN......getting attention.
Las las it will be a win-win for the parties involved.

TLAX:
STANBIC_IBTC__HOLDINGS_PLC
Interim dividend of 40k. Down from N1 in 2019 even though profit after tax & EPS increased. COVID 19 matters.

UBA's interim should be making some sense now. Let's see what GAZ will come up with.
E Ku Market o.

robobo:
from above . it can be reasonably assumed that the reduction of dividend has some kind of regulatory impetus hence would go round.

This is another good perspective to the interim div reduction. Could be what's still delaying Zee and GTB's too.
Regulatory/CBN pala.ver.......If possible, they don't want the coys to pay any interim self.

Zagee:
And the way I look at it, it will be more profitable to stick to an oil coy in diaspora than this one in-country. In terms of ROI

Issorite o. Enjoy!

Zagee:
Hahaha.. Ran away with my small loot to America

You ran when you saw some pullbacks and level of inactivity. Do you think it's easy to move such stock? Reason patience is key in this type of stock.
The movers don't need me and you when they're ready.

Quite a lot of trading ongoing in GTB and Zee now.......seems result is around the corner...
Or should I say quite a lot of attention on Zee.......GTB performed some stunts in Aug.......hope GTB hasn't price-in the dividend already. Lol.
Caveat: Just observation.

Mpeace:
I am just wondering, amongst the banks that submitted audited results to CBN for regulatory approval, UBA was amongst the last, how come their result is coming out before the rest?
I remember GTB and Zenith submitted way before UBA.

This surprised me too.
UBA was the last to submit among the Ugaz. Wonders of NSE. Those guys needs to wake up to their responsibilities.

DUNKA:
Good day house is UPDC PLC and Custodian PLC good buys now?

Keep eye on custodian and be monitoring it's price movement so you can key-in at relatively low price.
Custodian is a good coy with good fundamentals.......though I don't know the extent UPDC % buy over will impact on the share price........but support has been sighted at 4.80 for quite some days now.......don't know if it will fall further or stay at car park for sometimes before moving Northwards.........not really a stock for jijoists but long termers.........my opinion.

ukay2:
But let's punish UBA small for not given us our 20k or increase it to 25k self..
....don't we need donations to ourselves as shareholders in this pandemic too?
Hoping UBA will come down to sub-N6 self

Why should UBA be punished if I may ask sir?
With covid effect which we already envisaged will have serious impact on coy's 2020 Q2 results, we should rather say that UBA really tried for even paying any interim div self, not to talk of them paying 3kobo less the normal interim div.
The donations to FG on covid is a form of biz in disguise if you ask me.
Anyway, if UBA will visit sub N6 like you said, it can't be around this time.......let's wait and see what GAZ will pay first.... before concluding on 'punishing' or not.

Mfunkynation:
am in the Bus already... just want to know if I can jump out n wait for pullback?

Okay. We don't know what FCMB is coming with in their Q2 result.
If you've made considerable profit you may sell and wait for pullback..........it's just my opinion but just follow your instinct anyway.

onegentleguy:
Why u come dey post H1 instead of Q3 naw?
I believe Q3 will come in good though.

Boss are you talking about UBA?
Q2 is what we're expecting and it's out with 0.17kobo proposed interim dividend.

Banking stocks' regulatory approval pala.ver..........maybe CBN is anti-minority shareholders welfare.
Banks who submitted earlier should be getting close by now anyway.......

Zagee:
Hahaha.. currently riding the tesla split waves for some quick gains oh!!
Will book my e-flight back to Nigeria ahead of October market

Lol. Wish you good luck!

dipoolowoo:
BREAKING: NSE Suspends Trading in Shares of Six Firms
https://businesspost.ng/economy/breaking-nse-suspends-trading-in-shares-of-six-firms/

jamace:
Are you sure FTNCocoa is not being witch-haunted? How come it is happening now that FTNCocoa is shining?

See what happened to Ftncocoa.
Suspended before issuing a notice. Village pple at work .....

GTB: Still standing strong......
Access Bank is distorting UBA's price mvmt....
Zenith: The zig-zag mvmt is not unusual, not new.

UPL: This stock is mostly for long termers. Very good dividend payout but volume is the issue, also highly illiquid.....buying/selling high volumes could be tasking.......just my opinion.

jamace:
Are you sure FTNCocoa is not being witch-haunted? How come it is happening now that FTNCocoa is shining? I fear economic politics o.

Lol. One of the reasons you don't have to relent in prayers.
Why NSE sometimes decide to act anyhow is what I don't understand. Why didn't they pre-inform the public?

Mfunkynation:
please how is Fcmb doing with the green color today?
I wanted plugging the plug on it.... what is your advice? Thanks

FCMB's MM seems determined to keep the stock price going.....considering the type of bids at N2 region....... but why not key-in before it gets to N2?
Don't you think jumping in now is more of a risk?
I can remember that the same FCMB was highly emphasized here when it was around 1.50/1.55.
Anyway, one thing is that Mr. Market has a mind of its own......but I'll say, wait for some pullback cos it seems it's the MM that keeps pushing the price now. My ogas may have different opinion.
Maybe you should keep eye on Fidelity movement instead.......

Mfunkynation:
Sea Green���

Lol.

zionaigbokhan:
Thanks

Let's wait and see what the suspension is all about. Maybe it has to do with the coy's failure to submit financial reports for some past quarters. The coy's status has remained "MRS" until today.
Ftncocoa shellholders, don't relax yet o, make Una keep praying.

Cc: Jamace

Quite some levels of "weak green" in today's market........what should we call this now?

zionaigbokhan:
What is happening to FtnCocoa?

No bid, no offer, no news so far..... looks like a suspension in the trading of Ftncocoa shares.

Extract from one of the bulletins dated March 2019:
"Management of Ftncocoa has been sourcing for funds to save the coy from total collapse. The coy is glad to notify its stakeholders that some level of progress is been recorded in respect of the expected funding and there is hope that the coy will soon come out of the financial problem. The coy will keep its investors and other stakeholders posted on future developments."

So where is the news/update?

stcool:
Eku market o!
Eku Naira o!

Lol. Which one is E Ku Naira again....

Meanwhile, GTB is bent on moving forward despite all odds.......refuse to fall but inching up small small.....

E Ku market o.

Nestlé and dangcem are trying to lift body while banks (except GTB) are behaving otherwise due to delayed results......

Where is Locodemy self? Long time.

Zagee:
Someone please push seplat to 400 na, I need to go and drink beer. Brand is Guinness.

How far with your Seplat?
Did you see the body language abi you don run commot?

ojesymsym:
I imagine a situation where you want to cut your loses and dump your Guinness shares only to mistakenly make a BUY bid without noticing it. If such a thing has ever happened to you, come we have meeting by 3pm

Is that what happened to you? Lol.
Guiness still have bids nah, not a full offer.....maybe not yet sha.
That stock don suffer, but what if it's tired of digging for oyel......

jamace:
Whenever I look at PRESCO and OKOMU, I use to have hope that one day FtnCocoa will be like them. .....I have a dream.

Like play, like play, they are patronizing your cocoa small small.

Tvegas:
Baba why this statement, this is scary. Can you throw more light?

Should be a sarcasm I think.

Penboy:
Shey hope they this Nigerian market like this?
Or is it the period??
Portfolio in red ever since.

Guess it has to do with your entry prices.
That's why entry is key in this market.
I also think it's this period anyway........nothing to move market but it won't be down for ever.

DexterousOne:
You mean Oando shellholders

Lol. Quite a lot of "shell" in NSE.
Some people's eyes for don see something in this market o.
It's well.

ojesymsym:
For those who don't know, there is a difference between share holders and shell holders. Mcy's use of term is not a spelling error but used in a context to pass a message.

You're right my bros.
It's a borrowed word from @deepsuk

jamace:
You beat me to it. I have no news o, my sis.
I have even forgotten myself in this bus.
May good thing fall on all of us in this bus.

Lol. I'm sure many shellholders would have written off and forgot about it.

OBAGADAFFI:
Yes I noticed that movement

More of cross deals at 5.50........