₦airaland Forum

BabsO2:
Stanbic IBTC operating expenses also up by about 30%. ETI's up by only 9%. NB's expenses up. Ikeja Hotels expenses Jumped. Looks likes cost of diesel is hitting all companies hard. Some companies will find it easier to pass it to customers. And increase their revenues to offset these costs and still deliver profits. While some will just have to take a cut in profits. So which companies will reap from this increased diesel costs?

First bank hade to reduce operating hour from q2. Here in owerri, first bank branches open by 10am similar to some other states. All in a bid to cut cost. We are in trouble in this country.

BabsO2:
GTCO ops expenses has shut up by N7b (about 30%) comparing 2021Q1 with 2022Q1. Is this due to diesel or what?

On initial glance, Their investment securities interest income looks restored.

Cost of diesel and other economic factors will definitely hit companies. Tax also went up for the bank.

Mpeace:
My village people have asked me to buy transcorp, and I dont want to disappoint them.

Instead of recalling, you would have just gone through my previous posts to see this one.
On the contrary, I actually bought additional units at 0.98. .
Last time I sold transcorp, was before the result, and I sold at an average above 1.20.

yMcy56:
TRANSCORP
See vexing today......@1.12

IKEJA HOTEL : Sighted at day's high.....1.55....

*Caveat: Not any form of advice o*

When my village people asked me to buy transcorp, they said it should get to 2.5 before year end.
1.12 is just anticipation of q1 result.
If they sustain the momentum as per q4 2021 accross all quarters of the year, then 2.50 will be too small

Toluway:
I opined that they were very generous with Fidelity Bank mark down. I think the price reduced so marginally.

Fidelity markdown was much oh. From 4.05 to 3.70.

yMcy56:
Lol.
Total was up with +14 already.......from opening price of 220.30....
Don't know what's up with Total yet, maybe Q1 will help it's ministry...

FIDELITY on the other hand didn't fall below open price of 3.70 yet, currently sighted @3.80 and will still likely find it's way back to N4..

Why should FIDELITY fall your portfolio btw?
Thought you've been seated in the bus since the time of N1.70 or thereabout?

My portfolio value as at friday last week(as seen on morgan capital dashboard) went down this morning. At the begining and end of every trading day, I check my dashboard to see the value of my portfolio, then i look for the stock that has affected it negatively or positively.
Meanwhile my average price for fidelity is now 2.71. I did serious addition of the stock to my portfolio.

Total Energies and fidelity bank were both marked down today. The thing just fall my portfolio value ehh.
Pls whats the justification for mark down before payment of dividends?
Me don't think its necessary oh.

Afriprud
https://doclib.ngxgroup.com/Financial_NewsDocs/35735_AFRICA_PRUDENTIAL_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT.pdf

gloriousdawn:
Wapco need to grow up in price, the valuation for Buacement is double that of Wapco.
Only that Buacement is more efficient than Wapco, however, Buacement is having too much Receivables.

BUAis a one man business. He dicates the share price.
Go through the directors' holdings and see that its all about Rabiu, directly and indirectly.

I have been wondering what kind of bull will hit the market when "that man" finally leaves office. Its almost election period and the market is not reacting negatively.

Union bank released a not so good result, did not pay dividends but has been on a steady but gradual increase in price. Will they be buying us out soon?

onegentleguy:
#
...a PIVOTAL reminder!

Btw, WAPCO... full bid @ N25.55... up by max daily gain.

It is well!

Oando too. Full bid

Diyke4rich:
My wapco is not in yet

Received mine this afternoon. Chinkili Units.

freeman67:
The small Fidelity I got as my first test of stock investment in their IPO was 7 Naira. That 1,000 unit still dey with one broker wey I no fit access now sef.

through first registrars you go access ur shares sharply. Plus all bonuses(if any) and unclaimed dividends.

Mpeace:
I just dey look fidelity now at 4, hmmm where is it headed? UBA and co better move to and maintain the gap.

4.05 at the moment.

I just dey look fidelity now at 4, hmmm where is it headed? UBA and co better move to and maintain the gap.

moneymanager:
Does Morgan capitals have a reachable number
All lines are responding “switched off”

But today is public holiday naa

yMcy56:
BUA FOODS
Corporate Action:
Final Dividend: N3.50
Qualification Date: 13th July, 2022
Payment Date: 4th August 2022
Registrar: Africa Prudential
https://doclib.ngxgroup.com/Financial_NewsDocs/35685_BUA_FOODS_PLC%20BUA_FOODS_PLC_CORPORATE_ANNOUNCEMENT_ON_.pdf

I think this is a good one from BUAFOODS........exceed expectations.....

I think the company is getting better. The share price only needs to come down a little.

seyisanya:
It seems some investors read this report upside down with the way they're dumping UCAP despite this result. Well, this is an opportunity for those who have been wanting to join UCAP to begin to test the waters gradually.

Not so. Its profit taking. Those that bought at 12.7 and lower have made good gain and are in a good position to sell.

DrAwo:
This can be likened to what happens when a once desirable and impeccable bride gets to her husbands house after the wedding ceremony and washes all the make-up off her face...

Her husband immediately asks himself, "what have I gotten myself into?".

#Selah

lol, but Union is looking to end the day as one of the top gainers. Did 6.6

Union bank result is out. Not impressive. PAT and everything fell.
No sign of dividend payments. Make them just buy us off abeg.
https://doclib.ngxgroup.com/Financial_NewsDocs/35669_UNION_BANK_OF_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf

Toun2nl:
Which do you recommend?

MorganCapital.

dharpzee:
Meristem stockbrokers ltd

From what its customers have said in this forum, I dont think you are correct in your answer.

What do you say about Fidelity. Its not looking back at all.

Chinmark brother is here. Run for ur...

Godisfaithful:
E ku market oooooo

This guy. It have teeyed. Where have u been.

Justcul:
I never filled or submitted any e-dividend forms, yet, Cutix credited my account in the last dividend payout. I bought through Morgan Capital

Thats how it should be.

Curry30:
Could be your bank. Maybe the bank has some network issues. The fact that you got that email from Afriprud means your account was settled. So just be patient.

Should be the bank. Access bank with their issues. Got credited this evening.

emmanuelewumi:
They will tell you the amount paid, account number and the bank.


Send the message to your bank

Yes, those info were clearly stated in the receipt sent by AFriprud. I dont think others do that.
But I just got credited. Thanks.

I got an email from Afriprud on payment of my UBA dividend on 07/04/2022. But uptill now it has not reflected in my acct. I will just keep waiting although, i needed the money to enjoy myself today as there is no movement herein Imo state

Capitas7:
It is unclear why we fill out our BVN numbers when opening accounts, and certain processes cannot be automated yet.

You think they dont know what they are doing? If they want, they can make it automatic from the moment you buy ur shares the registrars already have all details including accounts. But they wont.