₦airaland Forum

currentprice:
http://www.nse.com.ng/Financial_NewsDocs/29309_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_MARCH_2020.pdf

Dividend 40k

Audio EPS naaa. LOL.

But I trust their MM. They are gonna defend the share price.

DOLLARTEX:
I am completely out.Me and my son will be watching from the sideline.

Cool.... Watching from the sideline abi bloomberg?

#Heels...

Agbalowomeri:
Brent scary at 47

Headed for $45....

DOLLARTEX:
Zenith going going gone.You begin to ask yourself what exactly is going on.Abeg I down reach house.

I hope you sold at that N20 resisitance.....

pluto09:
I have shared my experience on this before.
I bought a stock 2 days to qualification date and I was not paid the dividend.
The explanation giving by my broker was this nonsense T+3 days settlement thing.

I will like others to share their experience.

Who then collected the dividend declared? The registrar or the person that sold to you?

RabbiDoracle:


This is the week when Noah built his ark.

We will see if it will set sail next week.

The boat never sail yet? Once they pull up this anchor, that will be "To Your Tent Ohh Israel".

pluto09:
NSE is not only about virus......
FPI have been running away before the corona virus.

Gbam Gbam. It's FPI's actions that set the ball rolling, then Corona came crushing everything. I saw how GT sold millions while offers remained below 1.3m units

Agbalowomeri:
Banking index not smiling
Firing on all cylinders

Very solid hammar. Abi?

Lets go there AGAIN.

arduino:
Onifa, Mendes, and Peter right now.

Chief, I bought seizable chunk of UBA the day there was panic at 6.30 and I have already sold. Waiting for another day of panic. Everybody get wetin dey work for them. Find yours and have peace in it.

rebekah2011:
No one saw the pullback of this morning. If you have cash and you want to buy, please buy solid stocks and do not let all the cash is the king gang hold you down. Sow in the morning, afternoon, evening and night. you never will tell the one that will bring the best returns.

Bros,

Scroll through Oracle's post and see all his posted. And they are all happening one by one. He mentioned this pullback of this week. Infact market was ripe for a pullback last week thursday/friday. The question is for how long. We go soon find out.

Bomboclad:
WHERE ARE ALL THOSE HARBINGERS WHO WANT ZENITH @ N10, YOU HAD BETTER JOIN THE BULL NOW OR MISS OUT ENTIRELY.

You finally found your lost voice.

Welcome back.

Mcy56:
Lol abeg make we enjoy this few days rally nah.
But GTB is not bad at 24naira for dividend lovers.........

I swear, this rally is very highly needed. At least this will assist to create lower lows afterwards and we come in again after a day of panic. Merry go round.

BTW, if I am after dividends, why should I leave Zen and go for GTB? Just thinking out loud.

Mcy56:
GTB still setting the pace............

Setting the pace or setting the trap?

#Heels.

pluto09:
That was my calculation, to buy the pullback and sell to the rally that usually follows....
That corona is a bad somebody That being said, I think Nigeria (NSE) gets her peculiar problems.

So you an investor wanted to come and chop from the plate of traders. God haff caught you. LOL.

pluto09:
I attempted same with UCAP.
Bought at N3.35 with the hope of selling before mark down in anticipation of a 10% gain.
I am out with a nice head cut.
The market is not smiling and things might get worse after the earning season I.e post mark down.

Boss, you know that if not for the present condition of markets, you woudn't have seen UCAP to buy at N4.00. Once a good result is released (Zenith no follow here ooo), it usually rallies immediately, does a small pullback and then do another small rally when dividend hunters surfaces towards markdown date.

Corona don change am for us this year.

Mcy56:

What if it doesnt?

What does 90% mean ma? That remaining 10% is the likelihood that he won't break his waist and the decision is all his to make.

I have ONLY explained what I myself will do. I have never seen a trader that buys a stock with the intention of selling after markdown!

dinyelutochukwu:
Thanks Mendes for your succinct analysis.
I’m actually a trader.
And my sole aim was jump in for the dividend and jump out immediately after the qualification date.
It seems the dividends for this year will be a bone in our throats.
Let’s continue to watch keenly.

Am not a soothsayer but am 90% sure that this jump you just narrated will break your waist!

dinyelutochukwu:
I intend to buy UCAP today for the sole purpose of partaking in their dividend pay out.
Is this a wise move in the current situation of the market?
CC:
OGG
PETERICHY
AGBA
CP
ORACLE
MENDES
MCY

Are you a trader or an investor? How long do you intend to hold this stock? Sincerly speaking, nobody here is sure of what will happen after markdown and also performance of UCAP this year. I don't know much about UCAP but I read a report saying that drop in T-Bills and its likes will affect their revenue going forward.

But if you are trader, buying into UCAP for the sole purpose of getting dividends and then japaa after that might be a wrong move. It might be possible for UCAP to gain 10% before markdown and traders usually benefit from such (if 10% shows up and they sell before markdown) but with the present condition of our market, nothing is certain.

chillykelly86:
That one thing is Corolla LE

Corolla 2020 model. Full Option including leather and heated seats.

pluto09:
Keep posting the charts I beg....
We are still learning this TA stuff.

Agba is already super tired. You dey hear am talk again? LOL.

All of us are tired though, truth be told. Whether you are in or on cash, this market is not yielding returns for anybody.

Agbalowomeri:
It's a fresh low, definitely can't be a reversal point

Double bottom on "3 years" timeframe. LOL.

Agbalowomeri:
ASI at three year low

If not for one thing, this would have been a strong reversal point....

Intendy:
Stocks with new 52 week lows

Unity bank #0.49k

Champion brew #0.79k

GTB #22.70k

Linkage assurance #0.40k

Cutix #1.25k

ETI #5.10k

Nem #1.70k

Npf microfinance Bank #0.87k

Upl #1.03k

Redstarex #2.95k

NCR #2.20k

Learn Africa #1.01k

CAP #22.15k

Nestlé #1,017.00k

Unilever #13.50k

Pz #4.05k

The list is getting long. Sir Intendy will soon start requesting for extra sheet.

emmanuelewumi:
Tsunamis will always come to the market, some are predictable while some can't be predicted. The most important thing Is to have a risk management strategy and being positioned to benefit from the tsunami no matter the direction of the market.

I don't see this as per risk management though. Investors like you are very happy with what is happening and you get to cherry pick. Traders are not happy!.

Am a trader and I have made it a rule to run at the slightest provocation, once I see the sign, I japaaa. We all need to understand what we are here for, get a strategy and stick to it.

I did something today and Oracle has been laughing at me all day and he did opposite of what I did. We are both presently fine with the decisions we took, him being an investor and I a trader.

sellydion:
That question if treated correct can make you serious money. [/b]

How will it make money for me? I can't SHORT on NSE naaa. If na deals, they don full everywhere. Just waiting for them to get "juicer".

nna777:
Thank God for online trading ooo to monitor one's portfolio. imagine if it was in the era of analogue trading. Brokers will intentionally put their phone on voicemail, they will buy high and sell lower low for you to the point when they send you your statement, you will begin to ask God why he made you a human being . Chai!!!

ROTFL.

RabbiDoracle:
Market closed with lots of ten ten percent loss

You don't know the worth of your cash until you lose it....... ~King Solomon 950 BC

You don't know the value of an "E" until you make an "F" after an exam!

eziokwunwoko:
Oga Petrichy ; WAPCO DON COME DOWN ;10%. No stock is immune from this strong bear

When WAPCO turned out to be the major importer, exporter and distributor of this virus in Nigeria. It's own destination is uncharted. Na auto cruise till it crashes

chillykelly86:
Oga, you need to be more realistic than this oo.

First of all, the major issue with this outbreak bothers on its contagion. Currently, its estimated that every 1 person who is infected infects two to three people. This is made more complicated with emerging facts that people become contagious before showing symptoms. These majorly(highlighting the difficulty to contain the virus) are the reasons governments around the world are taking drastic measures.

The measures taken by several governments around the world to guard against the outbreak or further spread of COVID-19 within their borders (which are not excessive in my opinion, compared with battling a full blown outbreak like China is and recently some other countries (South Korea, Italy, Iran) are doing) are the real drivers of negative impact on the global economy.

And should the outbreak get into pandemic proportions, it will get worse. The best news, in that instance in particular, naturally speaking, would be either or both of invention/discovery of a cure or vaccine.

Over 75% of my stock market fund is invested in the market but that will not mean I won't say the truth when I see it.

Exactly. We wouldn't know how many Nigerians that Italian must have infested until 14 days from now. They can only quarrantine all the people they think he associated with and there may be many more left.

emmanuelewumi:
You are getting it for free. The EPS is higher than N6.00 that of GTB is close to N7.00.

At that price, Jim Ovia will do an MTO and offer investors N12. LOL.

dinyelutochukwu:
As for me I’ve disposed 65% of my portfolio (All banking stocks) at approximately 15% loss. I’m just left with WAPCO and Dang Sugar.
Let’s watch from the side lines.
I don’t even care about the dividends anymore when my capital is at risk.

Capital Preservation... Good morning oooo.

Mcy56:
Sir, the stock don trap me since o.
Not always lucky with UBA.
Once I gbeja, I no go look that side again. Just like Caverton, I never know Wetin dem go sell wey i go buy again.

But this wasn't in anyway your fault though, it's not about the stock you bought, rather you were in the market when the tsunami started. Which stock hasn't been battered yet?