₦airaland Forum

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.

The weapons that Russia will confiscate.

Mpeace:
Meristem are not so efficient in handling such a big company like FBNH. First registrars were doing a wonderful job, and had more branches across the country.

Actually, Meristem has always been more efficient than First registrars.

This is the first FBNH dividend payment after the Migration from the First registrars.

I suspect they might be having issues with the FBNH Sharehoders database from First registrars.

ZikkyChops:
Very true, I can testify to that.

In Nigeria, you are On Your Own.

Just laughing @ guys attempting to sue Oando.
Oando saga cost some people at SEC thier Jobs.
A company that was on suspension for over two years.

There is no future in Oando.

It is a JIJO stock.

Seunn11:
It will not augur well for the stock market in Nigeria. This is impunity/sale of justice in its purest form.
If OODP of OANDO have their way, if it were to be another country, their business may be ..... to the ground o....
This is stealing from every other person that has put their hard earned money into the business over the years.

That they even considered this shows that OODP/Tinubu are less than human and no one should have nothing to do with these blood suckers. Their business should not exist any more. They are not fit to exist as business.

When I saw both Bola and Wale Tinubu visiting Aso Rock after the Presidential Primaries i knew........................

The Guys have impunity written on their head they don't care about anybody.

Tpharell:
The shareholders get to vote to accept the offer, so I believe it can be turned down if reasonably low

If you have ever attended AGM, you will know that Shareholders can be bought over.

In fact, some shareholders' associations, are on the company's payrolls.

Jumped out of Oando with my 30%.

Mpeace:
They have 30days to set that out. But my guess is that they already have everything planned out. I just copied some 50k units as a gamble. My body too dey like buyout things. I pray this one no go run my belle.

Fear Wale Tinubu, the buyout might be lower than the current price.

Oando and scam, are 5&6.

robobo:
no price yet. i guess that wld be determined at the EGM but as a guide, u can take the fact that Mangal was OFFICIALLY paid 6 naira per share for his stake by same OODP in resolving their logjam with him (i.e. Mangal)

Thanks

Mpeace:
I swear, this oanfo people are criminals. So now that oil prices are rising they want to buyout minority shares and enjoy the bounty alone. After minority holders have suffered with them all through the period of huge loans and low oil prices. Chai. Thief na thief.
They have now used backyard to obtain a court judgment on behalf of the minority shareholders.

What is the buyout price?

Julius and Total doing well.
TGIF

Total

freeman67:
Yes they paid both today...

Thank you

freeman67:
Dangote Cement Dividend just landed....

I got Dangote Suger dividend

Is Dangote Suger and Dangote Cement paying same day?

fidtopade:
OK, thanks. But do you think such crash in the market is in sight and this time around what do you think could upset or upsetting the balance in the market that will result in the market crash?

Current inflation crisis created Russian/Ukraine war.

yMcy56:
If you think there'll be a repeat of what happened in early 2020, guess you're on a long thing.

OBAGADAFFI:
COVID19 led to the 2019/20 Market crash.

GTB was selling @ N16.75 as of Mar 23, 2020

I hope it doesn't happen,
but if it happens