₦airaland Forum

Market saying thank you to UBA & Zenith and telling GT that their proposed dividend falls below expectation

sky2891:
Since the AFS has been approved by the Board and sent to FRC, are we sure some people have not seen it?

Sure. Insiders must have seen it and those close to the regulatory authority

Locotrader:
17th April court case approaching.
Oando on the rise.Maybe #15 possible before the date.

With the possibility that the company may release the much expected 2022 AFS result

About 10% of entire Abbey building outstanding shares done through crossed deal already. Any info?

Looks like the buy/sell order menu of Morgan is having glitch, or has anyone here been able to buy/sell this morning?

.....Now working well after I logout and login again

Hogwarthtrades:
on a slow evening going through this page . I apologise for distracting the page...Totally random, i hope it's not harrassment... Stumbled on Ms. /Mrs. @Ginalex Profile. Black is beautiful. ; #Phenotypicalanalysis #Bants D

@Hogwarthtrades, wetin you dey find up and down that makes you to stumble on @Ginalex profile
Well, @Ginalex you looks like a Queen sha. I know Agba would soon come for you because that is part of his constituency project

https://doclib.ngxgroup.com/Financial_NewsDocs/40808_UNILEVER_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Proposed dividend of 75k from the 25k paid previous year. A little encouraging from Unilever.

ExcessKJ:
The Board of Directors proposed a Final Dividend of N1.80k (Dec 2022: N1.30 Kobo) per ordinary share of 50 Kobo each on the 35,545,225,622 issued ordinary shares of 50k each payable to
shareholders on the register of shareholding at the closure date. Withholding will be deducted at the time of payment.


Please 🙏, I need help to interprete what this statement mean. Although, obviously access is paying a shareholders approved N1.80k dividend per share. But what is the meaning of per ordinary share of 50 kobo on each of their 35 billion share issued ordinary shares of 50k each payable to shareholders on the register

Thank you

The share value of every stock you see in the NGX has nominal value, regardless of how much it is selling presently. The nominal value of quoted Access bank shares on the stock exchange is 50k. Most companies have 50k as their nominal value as at the time of listing their shares on the floor of the exchange while others have 20k as the value. That notwithstanding, if you have 1 million units of Access bank shares, you will be paid N1.80k multiply by 1 million units that you have.

Deadlytruth:
Seems Morgan is down.

working well. check your internet connection or log out and log in again

BabsO2:
If the court case ends by chance this time around it will be breakout from the gbelo gbebo

The date for the oando court case is April 17, still much time.

Registrars services are improving these days, especially Coronation Registrars. I was surprised yesterday to see a call from their customer service person telling me that I have unclaimed dividend with them, and this morning they have already sent a mail to me on the on-line form to fill for payment of the outstanding dividend. Kudos to Coronation Registrars......

https://shareholderlive.coronationregistrars.com/udivsearch/
If you want to know if you have any unclaimed dividend with them, just follow the instruction on the above and type your name to search which company you have unclaimed dividend. You can then proceed to fill the e-dividend form online and submit.

yMcy56:
ZENITH @40.....40.50!

I was just about calling you out from the kitchen to come and give update Good morning dear.

W0t0w0toman:
Lazy Nigerian youth. How can elephant climb tree? Yamayama fall on your big bald head.

He is not a youth. Agba means elderly one. Put a little respect in your conversation with him please. He is an elder on this forum, regardless of his joke.

Agbalowomeri:
Elephant wey climb tree
Reminds me of one football team in English Premier League

hmmm Agba, This stones that you are looking for everywhere...... Are you sure your helmet will protect you when they start landing?

DrAkpamudehe:
Both of you should go and change those tecno phones you are using to cause confusion this early morning

You are actually the wrong person here. Presently, there is offer of over 18 million units of UBA. So, try and change that your pre-order and customised chinese iphone 19 that you are using.

DrAkpamudehe:
UBA in full bid.

Year of no gree for anybody

Are you sure your platform is duly connected to the NGX? Or am I the one that needed glasses!!!

KarlTom:
Ding!

NGX would soon come and carry you from your house to be ringing opening bell for start of trading on the floor

@Bullbearkmt, et al, what is TA saying about sugar and salt please?

Mfunkynation:
Good morning,
please is today a public holiday?

No

Where Tony hide UCAP result o?

Agbalowomeri:
Additional knowledge is not wasted

You are absolutely right. Some fellow here predicted about 2 weeks ago when NASCON was trading at N58 that it may touch N40 base on TA, and it close at N43 yesterday. it is good to acquire all the knowledge needed for successful trading in stocks.

Mpeace:
so its best to buy and make 20%.
I think its possible. I added some to the little units I have.

One of the features of the market is the effect of herd mentality. The people that dump this morning may have reached their target and exit. But, others may think otherwise and sell alongside. Watch out if bid just come in millions now and take about half of the offer, you will see some people will quickly mop the remaining offers.

Mpeace:
Transcorp on full offer.

it may still close today on bid today.

defebe:
What is pushing Juli pharmacy up

Illiquidity. Outstanding shares of the company is less than 200m units and is not made available for trading, probably because it is concentrated in the hands of the privilege few who are not ready to sell at the current price.

Another company in that category is smart product (smurfit). It has been on bid for more than 2 months now without any trade.

BHG:
Proposed bonus
Two (2) new ordinary shares of 50 kobo to every hundred (100) existing ordinary shares held by Company shareholders
was proposed at the board meeting held on February 27, 2024 and subject to approval at the Annual General Meeting.

This should be bonus of 1 for 50.....

Mankind2024:
Minority investors should give Tony the benefit of a doubt.
Investors would mop Transcorp Power on Monday.

Thank you, better person.

Me: Nothing concern me about ASI. My own is about my stock and what the street is saying. Sorry o. Mr street… Are you more street credible than @wanajo? Wanajo will never talk anybody here down. He respects the opinion of others and will kindly give you detailed account of how the products of a listed company is being sold on the streets and major supermarkets and you will be totally convinced of his submission.

Me: I don’t follow TA and FA. It is simply man-made technicality to distract people. Afterall, I bought UCAP when it was selling @20k and I am still holding it till now. Sorry o, ancestor…. We have people like Pa @emmanuelewumi that bought cheaper than you. Emma is still giving useful tips on investing and he is not as arrogant as you are.

Me: I don't sell my stock. I hold it forever. I don't need money and that's why I never sell stock. Sorry o, the methuselah of stock. Go and ask people that have been holding Oceanic, Afribank, Bank PHB etc forever and they will tell you their experiences

Good people like currentprice, customstreet, locotrader, bullbearmarket, emmanuelewumi, mankind2024, yMcy56, agbalowomeri, ositadima, thebargainhunte, deruggedprof, Karltom etc will come here and state their views base on their thorough research but only you will antagonize them. If you don’t care about others, why not keep your opinion to yourself and stop constituting a nuisan!ce here.

FYI, “THE STRENGTH OF A BROOM STICK IS ON ITS NUMBERS” This platform has been a noble forum consisting of people with great, resourceful and very intelligent personality. It is however noteworthy that due to the flagrant noise and influx of some foreigners like you, we have lost some of them.

Mr know-all that care only for his belly and doesn't want anybody to quote him, Know this and know peace, You are not feeding anybody here and this place is not for money miss-road people. I am very sure that you don’t belong to any meaningful group, and if you do, other member of that group would have been clamoring for your removal. We have been happy and remain a one-family before you come with your unwarranted loose statements and abuses that is driving some of our resource persons away. I believe you are still a youth and suffering from youthful exuberance. But why not try and behave like a civilized person when you are in the midst of a noble gathering. Once again, comport yourself and at least behave responsibly like a well-trained person so that younger people under you can learn good habits from you.

For quite sometime now, it has been the banks dictating the direction of the market. When bank stock goes up, all other stocks follow same direction and vice versa. Therefore, all eyes should be on the direction of bank stock. This information is mainly for those in the market for short term gain. Long termer can relax.

https://doclib.ngxgroup.com/Financial_NewsDocs/40408_BUA_CEMENT_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_FEBRUARY_2024.pdf

Dividend of N2 by BUA as against N2.80k in 2022. The stock na big man stock. Its price will only move to the direction the owners want.

Consecutive cross deals of 2.5m units on Oando.

Prophet, over to you.

yMcy56:
My Oga, pls let the FA/TA gurus give us a pointer on this....
This market dey fear me to mention anyone o.

A whole Iyaloja General . Fear Not. You are always up to the task

Seriously sha, the government is fond of coming with one policy or the other to depress market for just a little while. Remember CBN policy was released at interval after Q2 result that depress market for a day or two. But then, heaven will not fall, market will still weather the storm somehow.

Just like I said yesterday, we should always try to study market breadth to know when to buy and sell sha.

https://doclib.ngxgroup.com/Financial_NewsDocs/40402_LAFARGE_AFRICA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_FEBRUARY_2024.pdf

Dividend of N1.90k from pioneer profit and not subject to WHT