₦airaland Forum

Oil prices got to $90 today. Highest since 2014. Hmmmm

moneymanager:
Guyz a market crash is gently kicking in, in the the USA stock market and many articles are saying the quantitative tightening will lead to the r-word
Where the USA goes the world follows
Just a FYI (I pray it doesn’t come to this)

Hmmm. But the foreign investors have left naija naaa. Y should we worry too much?

Wapgod:
What does this mean?
I don't really get it?
Isn't all earnings attributed to all shareholders in proration to their shareholdings?

Look at the two results below, from q3 2020 and q3 2021 you will notice the part of profit attributable to owners of parent company on both results. Note the difference for each year.

samguru:
I concur, transcorp is very conservative with dividend payout.

They retain large part of their profit to finance expansions and debt servicing

But one thing to note is that In time past, much of Transcorp earnings had been attributed to non controlling owners unlike in recent results.

BabsO2:
If they pay up to 10k that will be great. They like 1k to 3k dividends

That was then naa. Their eps has greatly multiplied.

customstreet:
I don’t think Transcorp can pay more than 5k as dividend.

lol. This one na insult abi na wetin. Lol.

yMcy56:
GTCo: 25.50!
ZENITH: 25.50!!
The meeting point.....Act 1 Scene 2.........
We see if we'll draw curtain here today to signal the end of Act 1, a tenure......... for Act 2 Scene 1 to commence.....

Access will soon join. The difference between access profit after tax and that of GTB is less than 8billion naira

yMcy56:
Aside the businesses mentioned by Obagadaffi, some of these companies also invest in other instruments that generates steady incomes.
Remember they are financial company with lots of top notch financial experts that research the market for them and give them the best advice on investments.

Some of them invest in other good companies too.......example is the case of FBNH that invested in Airtel and HW, which they now opted to sell at huge premium. Who knows maybe FBNH picked Honeywell @ 60k or thereabout self.
Don't be surprised that some of these financial companies and some other ones invest in Crypto/BTC and all those money spinning investments.
International markets are also there.....
Let me stop here.......

Don't mind my amateurish way of looking at various means whereby they can generate fund. Just thinking out of the box.

Do you know if fbnh completed the sale of their stake in airtel and Hw last year? Will it reflect in their result for 2021?

emmasoft:
Please note there are many factors that determine price movement of stocks at the NGX, not just availability of products alone.

Some of them like investor's or market sentiments are not tangible factors, you may not be able to measure them but they are there.

Another factor is share holding structure of a company, if a company shares are not readily available just as the case of Bua right now the price is bound to move up because it will be scarce. Bua food shares are own basically by one person at listing. Hence it's scarce.

Sometimes it's just a mere new entry factor as we can see with Bua foods investors just want to see what is up.

Also note that there are some investors who knew a company prelisting period and so they know the worth and can stake their money for it and see the listing as an opportunity to have a share of the goodies

The sector and personality behind the listed company plays a major part as well.

I can tell you today at any time a company affiliated with Dangote/Jim/Tony and the likes for example will do the same crazy movement at the point of listing.

There are some companies that was listed at the NGX in time past the market may seems not to be aware just because no positive sentiment towards it.

Another factor is past experience.
Many people made millions when Bua cement was listed so many believe same will be repeated with the Bua foods.

The list is not exhaustive.

However, don't bother, water will always take its level that is what market always do to all stocks. Very soon Mr market will put the right price tag on Bua foods when the numbers and figures (financial reports) starts to come out from the operations of the company. it's a matter of time.

"Be fearful when others are greedy. Be greedy when others are fearful"
- Warren Buffet

My brother, everything about Bua looks somehow. Their cement shares eps and dividend yield dont match their price. This their food company with 18billion shares I wonder how the earnings will look like

Bua foods doing great so far.
But pls make i ask, wetin den dey sell?
I stay in Imo state and i just can't place an item in the market from Bua foods.
Yet they list 18billion shares and its just doing 10% daily.
Hmmm. This NSE abi na NGXGroup wetin una no dey tell us?

emmanuelewumi:
Paid total of 59k in 2020. Should be able to pay about 50k in 2022

thats good yield for a company whose current price is below 5naira

emmanuelewumi:
You need monthly income from your Investments.

Seplat pays dividends every quarter, UPDC REIT, GTB, Zenith Bank, Access Bank, Stanbic IBTC, MTN, Airtel, Nigeria Brewery, Total, Friesland Wamco, UBA etc pay dividends twice a year.

March to June is when 70% of dividend income are paid on NGX

Apart from that you can have FGN bond Investments that pay dividends in January/July, March/September, April/October, June/December.

Thanks so much.
So UPDCReit pays dividends twice a year? Thats great. Pls whats their dividend like. Is it substantial?

posty56:
dollar is now 435 naira a dollar (585 black market), where were does people blaming fintech for the fall of naira? , last time I deposited in my dollar account it was about 400 and something naira, that means I have not only successfully save my money against devaluation , I have made about 100, for each dollar I deposited, keep blaming fintech for your misery you hear , no go open dollar account and start to they invest for US stock. market, keep patronising mediocrity.

Correction, its 555/$ at black market lol.

OBAGADAFFI:
Well, let wait for the outcome.

True. Regulatory approvals could take long like that of Oando or not too long like that of Access/Diamond.

OBAGADAFFI:
It think it is a done deal.

Union Global Partners Ltd (64.98%), Atlas Mara (25.53%) and other shareholders divest their core holdings totalling 89.39% in Union Bank to Titan Trust Bank

It hasn't. They will communicate once its done. Read this.
"Completion is subject to regulatory approval and ..."

OBAGADAFFI:
You are right about UBN might not delist.
The investors took advantage of UBN OS to mop-up everything and sell to each other.

Notice there was no major news from NSE about who is selling and buying, like we got from First Bank.




https://www.tekedia.com/in-defense-of-union-bank-on-titan-trust-acquisition-and-lessons-from-aliko-dangote/

But the sale is not done yet. Its just an agreement to sell that was announced

maishai:
Why buy out minority’s when u already have the controlling units.....at this point they can rebrand and stop using the union name maybe they will become titan bank.....

I wait to see the new direction this core investor will pursue

But there are free floating rules that may be broken. A single shareholder having 89% stake in a company may not be allowed in the exchange.

Speculations has it that the Titan will pay as much as #15 for each share of union they will buy from the core investors. They agreed to pay a sum in the region of 1billion $ for the 89%
Who knows what the offer will be for the minority shareholders for the remaining 10%.

I expect Union bank to be on full bid today. Although market get him own mind sha

IYGEAL:
Seeing that TTB is a new bank and not listed on NGX, acquiring majority shares of UBN means they would either buy out minority shareholders at a premium or list on the Exchange at a premium as well.

If they have enough money to buy the majority shares, why not the minority? We haven't read all of it yet.

My 2 Cents.

Hmmm. Minority shareholders should get a wonderful deal. They already have over 89% of the total outstanding ding shares and they would have to buy off the remaining 10%. I think the offer should be great

onegentleguy:
WEMA BANK...
Share consolidation/Reverse stock split of 1 for 3 loading...

very necessary. Access bank, Transcorp and some other companies need to do same.

https://www.premiumtimesng.com/news/top-news/500144-exclusive-otedola-acquires-additional-stake-in-first-bank-holdings-to-become-undisputed-largest-shareholder.html#:~:text=PREMIUM%20TIMES%20learned%20that%20Mr,stake%20to%207.57%20per%20cent.
Otedola done dey buy up fbnh.

sonofElElyon:
https://www.nairaland.com/6887406/efcc-declares-mba-forex-owner#108339839

MBA FOREX Owner declared wanted by EFCC

One year after. They just gave him enough time to run and hide very well, and probably even change his identity in some foreign land before declaring him wanted.
Long and short, invest wisely and never be too greedy. 30% everymonth promise is not beans. Let the investor go and invest for his family members

This life no balance oh. If it were another company that performed like FBNH them for hear nweeee
But see fbnh losing only 20kobo

Fbnh q3 result. Hmmm that one is taking forever to show up.

phemmie06:
My oga good morning. They are not the one crediting bonus, crediting is done by CSCS but the broking firm need to update your portfolio.
You can request for your CSCS statement from your broking firm and you will find your bonus included in the list and even others you might not be aware of

How do you then explain the fact that you find it on cscs but not on your acct with the broker? Thats something i have experienced personally. For now registrar has done the needful , cscs has it reflected but its not on broker's platform. But it needs to be on the platform cos you dont trade with cscs but the broker's site.

Wapgod:
I haven't been credited Haba.

You must be with morgan capital. They always delay in crediting. I had to caĺl them when that of Access Diamond was done. I also caĺed them for one other like that. Its their way

It appears UACN people have been credited with their UPDCREIT and they are all cashing in. They have managed to really surppress the price

locodemy:
Transcorp has met my target entry price again.
My policy is to buy at my junction price whether price is still falling or not.
Started buying back my Transcorp shares this morning at 0.95.Support may hold here.If fails na 0.87 support be next but I doubt.

Lol, you and this your transcorp. I know how much I have made from vitafoam(price appreciation) and wapco(dividend and price appreciation) since you started calling transcorp. Hope you are really making money from this NSE or is just averaging down and down

Justcul:
For the sake of newbies getting into the stock market.. It is actually not wise to compare stock prices but market capitalization of companies..

According to my personal watch list on bloomberg.com, you can see that, at current prices, Zenith is more expensive compared to gtbank..

Please invest wisely!

My brother, that's not the way to compare or determine the value(which is more expensive) of stocks.
Market capitalization is a whole different thing from what you are talking about. If we go by ur method then all we will be buying will be insurance sector cos they have some of the lowest market capitalization on NSE. Market capitalization is only a function of the total outstanding shares of a company multiplied by the unit price per share.
Value looks at a company's profitability, fundamentals, sentiments*, dividend yield etc in relation to the price of the stock. Pls don't get them twisted.

https://doclib.ngxgroup.com/Financial_NewsDocs/34614_FCMB_GROUP_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR_20.pdf

FCMB result is out. Flat as possible. Eps 70kobo just as last year although its PAT fell by 100million.

Raider76:
Honeywell bids disappearing in pre-market!

Its now on full offer. Na wa oh. 59billion units on offer.