₦airaland Forum

Redoil:
11.04% HA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hmmm maybe somebody want to cashout or help himself us.

BabsO2:
Okay so it's a minor dilution.

All being equal.
3billion is much but wont ccause a decline in eps or dividends, given the continious growth in profit.

BabsO2:
With the dilution in the works for Fidelity, it will be tough to catch up with UBA interim div.

This private placement in the works will dilute Fidelity income and potential dividend.
https://doclib.ngxgroup.com/Financial_NewsDocs/36728_FIDELITY_BANK_PLC%20FIDELITY_BANK_PLC%20NOTICE_OF_EXTRA%20OR.pdf

Minor dilution naa. 3billion unit will be nothing if they continue with their current performance. The likes of UBA, GTB and Zenith would have been recording declining furtunes if not for the exchange rates issues in nigeria. If you convert their results to $ you realise that they have not been doing much for some years now.
The law of diminishing returns done catch them. On the other hand, fidelity has alot of space to grow

yMcy56:
UBA Q2, 2022 is out!!
Interim Dividend: 0.20k
Qualification Date: 22nd Sept, 2022
Payment Date: 29th Sept, 2022

A good one from UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

Q2 Result:So yeye UBA cannot improve on their dividend. Fidelity will soon over take them
https://doclib.ngxgroup.com/Financial_NewsDocs/36732_UNITED_BANK_FOR_AFRICA_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Cc: Lancee

Uba dont want to improve on their dividend. Fidelity will soon over take them

beejay1:
https://doclib.ngxgroup.com/Financial_NewsDocs/36724_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20_QUARTER_2_%20_FINANC.pdf

Profit after tax and eps reduced. Dividends still .30

BabsO2:
Interesting.
Fidelity has beat First Bank in kicking off interim dividend payment.
With this 10kobo from Fidelity, UBA needs to perform better than 20kobo.

Aswear. All interim and final dividends need to go up aswell. Inflation is biting hard and the naira has lost alot.
For the purpose of foriegn investors, dividends need to go up to meet the devalued naira.

https://doclib.ngxgroup.com/Financial_NewsDocs/36715_FIDELITY_BANK_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR.pdf

Fidelity have joined the interim dividend gang.
Nice result
Eps from 67k to 80k

Interim dividend if 10k.

ebuka1997:
this e-dividend thing is it once forever or you have to do every year. I have done for gt on datamax registrar so if i buy gt stock i will be receiving dividend automatically for life right?

That is how it should be. Once for ever. But sometimes...

ojesymsym:
I do not think Meristem is doing this on purpose. I think what happened was that FBN and Honeywell changed registrars from First Registrars to Meristem and Atlas Registrar respectively.
So any one with those shares has to fill their forms with Meristem and Atlas for those shares if they do not previously have your data.

My brother its not just meristem. But in the case of meristem, i didnt have to fill any form.
These things are supposed to be automatic.
Does it mean that investors must fill new forms whenever a company changes registrars.
Mind you, fbnh is not the first company to change regustrars. Other companies that changed, did not make such demands for new forms.

sterlingD:
And when you call or get to them they will tell you to fill out e dividend form all over again

Not just that trick. They do it to people who have already filled the form and have even started recieving dividends fron their bank accounts.
In my case, my Fbnh had since been mandated and i have beenngetting dividends for over 3years.
My Mtn paid me the last dividend without.
I have two other stocks that needed me calling.

Mtn yet to pay since friday. These registrars now have a new trick. They hold onto some investor's dividends despite the whole edividend payment thing. They wait until the investor calls. If the investor doesnt caĺl the dividend remains with them.
Meristem did it with my FBNH dividends. When I called, they had virtually no excuse. They just said we will process and pay you. And they paid.
If the investor doesnt call, the money goes.

They know that many shareholders will not call, especially those residend outside the country who do not monitor their accounts as persons within can do.

Camoready:
Any news about UBA interim dividend?

their result is yet to be released by CBN.

OBAGADAFFI:
Dividend don land o.

You never get yours?

I never see oo. But expecting. My mind was for Monday. Didnt know its today. Thanks bro. Waiting.

OBAGADAFFI:
MTN

wetin dey happen. Hope its positive news. Half of my portfolio.

Lol

Today is MTN qualification date. Has the shares been marked down for interim dividend?

Pls why is seplat on full offer. Does it have anything to do with the exxon mobil deal?

emmanuelewumi:
Not a good strategy, you might be forced to sell your Investments at a loss in a down market when you need funds for an emergency

Last year, I lost my phone, before I got home to call my bank, my accounts had all been wiped out. Two weeks ago my cousin was kidnapped, first thing they did was to clear his account. Recall the recently kidnapped actors, account was cleared before anything. Not to talk of fraudsters.
I have some investments that can easily be liquidated (including my investment in US $) that has often come in handy.
Here in the south east(imo where I stay) its never advised to keep huge cash. Its just too risky.
Steady rental, work place, dividend and other incomes have always kept us going.

emmanuelewumi:
Calm down, it will be paid by October 2022

But on another note, they declared an interim dividend in july 2021.

emmanuelewumi:
. Emergency reserves nko?

Lol. I no get emergency reserve oh. I love to invest everything. Spread across different options. Its no longer safe to leave money in account.

emmanuelewumi:
Calm down, it will be paid by October 2022

October far naa. What shall we eat in September. Mtn already got August.

Whats up with totalenergies? Good(though flat) result but no interim dividend yet.

emmanuelewumi:
If that happens, United Capital will be bought at a huge premium.

Do they need to buy United Capital?

Okomu oil did better than MTN, and will pay higher dividend(N10) than Mtn. Qualification and payment day within the same period.
Now I dont understand why people are selling okomu at a lower price,(N19 less than opening price) and buying mtn at N14 higher than opening price.

yMcy56:
DIVIDENDS & QUALIFICATION DATES IN AUG 2022
FLOUR MILLS: N2.15k....... 12/08/2022
CUTIX: 0.10k....................... 19/08/2022
NNFM: 0.25k....................... 23/08/2022
UPL: 0.10k........................... 31/08/2022

INTERIM DIVIDEND
MTNN: N5.60k.............18/08/2022
CUSTODIAN: 0.10k..... 19/08/2022

** If there be any other in Aug, it will be added in this space**
Happy New Month!

kudos for ur great effort.
I commend mtn registrars. They declare dividend on 29th july, qualification date 18th August, payment date 26th August.
Unlike some companies that declare dividend in May, qualification in july and payment in september

Good result from mtn. Interim dividend of 5.60 as against 4.66 last year.
Their eps keep growing by average 30% yearly.

UACN don declare loss for H1.
This company sef.

Mtn doing 204. Many greens today.

Chia. See UCAP at 9.9
This one lost 3naira.
Aver 25% in less than 3 trading days.

yMcy56:
* MTNN : Support sighted @185.......will the support break or hold? We're watching......
.
.

Meanwhile Airtel is trying to go over 2000. Now 2025 but without enough quantity to stamp it.
Mtn wahala can only be explained by insiders.
Its up again, but could still go down. This market no know resistance and support again. Election and global economic factors may be in play.

yMcy56:
MTNN was seriously battered. One would wonder what its sin was........
Bargainers are watching it like halk sha.

Market was generally bloo.dy yesterday........
Watching how today's own go be......it is well

Mtn fall started on friday or there about. I just did averaging down sha. Let the result come sowe know if its result induced. The next 3day lots of results will be released. We see how it goes.

ernie4life:
N192.5 at the moment

Mtn will end the day on full offer.