₦airaland Forum

Abbasmh:
NAHCO has paid its dividend but I haven't received the bonus shares payment. Please has anyone received the bonus shares??

Bonus will come after SEC approval

yeddy99:
Nahco has landed.

Yes o

Why is GUINNESS having more Offers than Bids.

feelamong:
this information for Dividend is not correct

they must have mistakenly typed the EPS as dividend in this notification..

Buyers Beware!!!!!

I think it is correct .

yMcy56:
More Q2 results released.......

The Brewery Sector released, NB and Guinness did wonderfully well. IB to follow suit hopefully.

GUINNESS Corporate Action :
Final Dividend: N7.14
Qualification Date: 23rd September, 2022
Payment Date: 26th October, 2022
Registrar: Veritas
https://doclib.ngxgroup.com/Financial_NewsDocs/36500_GUINNESS_NIG_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_ON_DIVI.pdf

In another news, ZENITH and ACCESS confirmed payment of Interim Dividend subject to CBN's approval.......

onegentleguy:
A pivotal line...

This period (particularly tomorrow and the days after) should present a great OPPORTUNITY for any discerning investor to strategically align with certain KEY equity names in the NGX. (note the clause; "certain key equity names"... so not all coys)

For those who think we are now in a bear mkt, hear this;
It's not a bear mkt but a correction in a bull mkt.
Don't get carried away and miss out on some select OPPORTUNITIES now!

The NSE index monthly chart should give you peace of mind. Also dig in on certain key trend & momentum indicators (DMI, SRSI, KST, CCI, EMA and MF etc) and the picture becomes clearer.

Again, look at the sectorial index drivers and their YtD performance and compare to the NSE index on the W and M TFs and you'll have a clue of what's been playing out.

There's been some strategic accumulation.

From where I stand, the probability of a reversal is near 1 for some key names... which will most likely drive a turnaround in mkt sentiment. (again note the phrase "some key names")

#oppurtunity
#besmart

"A period of BULL in the stock market is like an 'unnecessary party', and a BEAR phase like that of a 'trade-fair'.
The latter is usually when the manufacturer's of GREAT ASSETS auction a few at sumptuous discounts. ...while the former is that time when some 'expired goods' are sold.
A shrewd investor visits both markets, but knows WHEN and WHAT to buy or sell."
~Sinclair

"In the stock market world, the real winners are those who can prioritize their TRADE SETUP ahead of the ASSET PROFILE and a little more than the quest for REWARD.
...without the 1st, the other 2 can of course engage the market in a mere "fight" but also concede more victories to it"
~Sinclair

"When the stock market request for 'a drink' from you, give to it but ONLY if its a sound and cheap one.
...and when it offers you 'a drink', take a sip, then drink a bit more but try NOT to get intoxicated.
It's a great way to benefit more from 'him' over TIME."
~Sinclair

"Between uncertainties, difficulties and failures is the many 'gift packs' from the stock market.
...and inside those 'gifts' are smaller 'packs' with obstacles but which are sealed with CRAFT.
Yet down inside, are even more 'packs' of OPPORTUNITY."
~Sinclair

"One of the cardinal qualities of reaping reward from the market is in the ability to know HOW to drive THROUGH the fears of other investors and WHEN to drive AWAY from their excitement.
...it sums up what should be the psychology of a wining investor !!"
~Sinclair

These 5 NUGGETS are KEY! (pls read btw the line... of the entire post)

It is well.

Discerning investors should shapen their cutlass for GTCO, Zenith, MTN, WAPCO, and co.

Preparing loads of cash to buy.

iamrichiefola:
I just check my Stanbic IBTC Equity Fund (after a long time of not checking) only to find out that there have been losses. I checked just now and noticed more loss.

Would you advise I pull out my money or just watch it for some time?

PS: More than half of the interest accrued over time is gone

Equity Fund is not usually safe.

Money Market Fund is the best for mutual Funds.

If cameraman I fainting before editing, the final production will be gory

yMcy56:
Which one we dey before?
This is expected to happen with the incessant borrowing and no plan to pay back nah.
Which revenue is the country generating when FG doesn't have time for the sectors except oil, and the said oyel, na to spend , nothing like development.......I weak the day I read that NNPC is spending more than the revenue being generated and all that......
As dem don milk NNPC dry, dey wan come list the can for NGX..
Na God go help us for this corntree o.

Now the government has officially confirmed what we have always known.

We are in God's hands.

Debt servicing finally surpasses revenue as FG releases Q1 data.


https://www.thecable.ng/breaking-debt-servicing-finally-surpasses-revenue-as-fg-releases-q1-data/amp

Prepare for the worst

I just noticed PZ is N10+.

I can't even remember when I bought the stock at N4

Opolopoopolonio:
How some of you reason is beyond me

China have said they do not intend to rub shoulders with USA militarily. If they have mind, let them invade Taiwan nah.

Even to support their friend Russia, they DARE NOT.

Now, Ukraine have taken out far more Russians troops than Russia have taken. But as with Russia, they don't mind giving up the lives of their servicemen in huge numbers just to capture a ruined territory they cannot hold eventually. They keep replacing men at the frontline.

@bolded What do we call Ukraine that is currently standing up to Russia A town council

Ukraine standing up to Russia?

Ukraine has the second-largest force in Europe yet one-third of the country has been captured.
Russia has successfully blocked Ukraine's access to the Sea.

@bolded https://eurasiantimes.com/pentagon-says-us-lacks-logistics-to-support-conflict-with-china/

Opolopoopolonio:
Take away Russia's nukes and Finland will overrun them silly. Finland once did. Why is Russia not threatening Finland and Sweden with invasion for attempting to join NATO

Putin intended to overrun Ukraine in 4 days remove Zelenskyy and appoint a puppet. 4 months after, his main goal is to liberate the Donbas (a stalemate will emerge there with Ukraine's new ammo coming from the West) after being whooped in Kyiv and Kharkiv.

Even Mariupol could not be taken completely until the Ukrainians surrendered due to lack of supplies - especially food. In other places they are already experiencing Guerrilla warfare and they have had to abandon Snake Island.

The West have been careful with arming Ukraine long range artillery so that a 3rd world war does not happen. Ukraine could go rogue and attack nuclear sites in Russia.

So how can any sensible/reasonable person compare the Russian military with the US military The UK alone can take on Russia. That's why the UK is at the forefront of supporting Ukraine.

Oga, Cool down,

If the US military cannot confront China, is it Russia they will stop?
Most European countries are relying on the US for military support.

Russia has the forces in Europe and Ukraine has the second-largest forces in Europe.
Yet Russia has taken out lots of Ukrainian forces.

At the moment no country in Europe can face Russia.

emmanuelewumi:
Pirated copies are cheaper, some of the distributors also work with pirates. Book shops in places like Oshodi, Ojuelegba, Ikeja and other markets sell both the original and pirated copies

Yes, Pirated copies are cheaper.
But Publisher can bypass Pirates.

From Sales experience, most schools have agreements with Publishers, they force students to buy books within the school.
If the school agrees to buy Publisher's books, Publishers have to pay them a commission and discounts on each book.

emmanuelewumi:
Pitates are still eating deep into their market share

Yes, but thier turnovers are still high.

Pirates can only sell to folks outside their (Learn) distribution channels.

Learn sells directly to government and private sectors.

emmanuelewumi:
Yes, a retired Professor will go home with a dividend of N10 million from Learn Africa. That should be more than his pension.

With the way pirates are dealing with Learn Africa, I think they have done well notwithstanding the difficulties in the sector

They have changed their distribution channels.

They are now directly involved in the retail and distribution of their products, and partner with both Government and Private educational institutions.

I learnt they benefited from the Universal Basic Education policies.

yMcy56:
0.20k was proposed by Learn Africas Director's for 2021 FYE.
A good one from Learn Africa too.

The Sector did so well in the last Financial Year End....

That sector is booming.

UPL, Learn and Accademy are big players in the Printing Industry.

emmanuelewumi:
Learn Africa declared 20k

Great

I have see not their recent report.

igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

First, request for your CSCS statement look through it, if you find discrepancies contact both the company registers and your broker.

yMcy56:
Yes. Bonus making that of Academy much better..,...

UPL disappoint......
There was talk of possible bonus in their letter but not included in the final corporate action. Maybe the Directors didn't approve it.

Agreed, waiting for Learn Africa corporate action

yMcy56:
ACADEMY PRESS
Final Dividend: 0.10k
Bonus: 1:4 (One for every 4 held)
Qualification Date: 16th Sept, 2022
Payment Date: 29th Sept, 2022
Registrar: Pace Registrars
A good one from Academy Press...
https://doclib.ngxgroup.com/Financial_NewsDocs/36313_ACADEMY_PRESS_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

Dividend and bonus hunters food don land oo.
Who says @Locodemy no dey see road......

Same Dividend with UPL

Marketapprentic:
UPDC again. Have they seen or heard something? Abeg , make I que for line too.

Something is loading in UPDC.

Custodian Investment don't disappoint

Jones town loading

Diyke4rich:
I didnot receive mine yet

You can email them

Notification of Suspension of Nine (9) Listed Companies

Trading License Holders and the investing public are hereby notified that pursuant to Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which provides that: ?If an Issuer fails to file the relevant accounts by the expiration of the Cure Period ,

The Exchange will:
a) Send to the Issuer a Second Filing Deficiency Notification? within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer's securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension?,

Trading in the shares of the nine (9) companies below has been suspended from the facilities of Nigerian Exchange Limited (NGX) effective today, Friday, 1 July 2022 having failed to file their Audited Financial Statements for the year ended 31 December 2021.

1. African Alliance Insurance Plc
2. Niger Insurance Plc
3. Royal Exchange Plc
4. Ekocorp Plc
5. C&I Leasing Plc
6. Mutual Benefits Assurance Plc
7. Coronation Insurance Plc
8. Premier Paints Plc
9. Ardova Plc

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of the above-mentioned companies will only be lifted upon the submission of the relevant accounts, provided NGX Regulation Limited (NGX RegCo) is satisfied that the accounts comply with all applicable rules of NGX.

Dollarwoman:
Are they investing public still investing or still hold interest in Universal -Insurance?

I have been trapped in this for over four months.

With this good result, I am afraid to sell.

Nestle dividend don land o

yMcy56:
Funny enough, people queued up there mostly @5.31 downwards on bid table......

The stock might still find a way to rough it out......Oando pal.aver no be today..

After buying out minority holders, it might be delisted.

yMcy56:
FBNH
Coded accumulation still ongoing.....
How does these MMs or Brokers do the chain purchase or sales of stocks self??
Anyone knows? Abeg I'm interested to know.....
Buyer(s) not on queue......1.5M bids moving 52M offers up........

OANDO
Anyone buying above 5.50 is "OYO"
Anything can happen in NSE anyway.......

Oando is gone.

Anyone buying now is taking a dangerous risk.

Harvestock01:
https://punchng.com/breaking-naicom-cancels-niger-insurance-standard-alliances-operational-licences/

Niger Insurance Plc is gone.

“Consequently, the commission has appointed Sanya, Ogunkuade Esq of Plot 217, Upper Grace Plaza, 3rd Floor (Left Wing), Shetima Munguno Crescent, Behind Julius Berger Equipment Yard, Utako, Abuja as the Receiver/Liquidator for Niger Insurance Plc and, Kehinde Aina Esq of Aina Blankson LP, 5/7, Ademola Street, SW Ikoyi, Lagos as the receiver/liquidator for Standard Alliance Insurance Plc.

Mpeace:
See mtn oh. This will really affect them. 22billion naira no be joke.
https://www.nairaland.com/7198708/mtns-mobile-money-bank-suffers

Omo.

Banks have started fighting against Mobile Money Bank.

This won't end well.

dharpzee:
Some have been paid already. Seems they have to do it batches, because of the volume.

Yes, got mine yesterday.