₦airaland Forum

locodemy:
No matter how the market batters stocks.These stocks I listed below are high dividend yield stocks at NSE for now.They are good at the current market prices.

Zenith 12.27% dividend yield at the current price.
Gtb 11.81%
Npf 11.43%
Stanbic 10.82%
Cap 10.77%
Mansard 9.87%
Lasaco 9.43%
Access 9.29%
Dangote sugar 9.11%

More batter means more dividend yields.

Let's cherry pick from these list.

emmanuelewumi:
Never planned to pay back, as long as he was in control of First Bank. His removal from the bank changed the plans

Hope you remember that FBN Capital was the underwriter of the IPO of Honeywell at an inflated price of N7.50 about 15 years ago.
As the underwriter the IPO was not successful but FBN Capital had to pay and warehoused the shares for ages

emmanuelewumi:
Buying from Oba keh, there is a lien on his First Bank shares, Honeywell shares, Airtel shares and his hotel. The proceeds of the liquidation of the Investments will go to First Bank

First Bank is not in the business of managing a Flour Mill business, so CBN invited FMN into the equation. I think CBN will make the deal to succeed. Emefiele and Zenith Bank have been doing business with FMN for the past 30 years. There is a Zenith bank branch at their Eric Moore factory sef.

Otudeko is indebted to First Bank, Honeywell Flour Mills is also indebted to First Bank and both of them ie Otudeko and Honeywell have been struggling to liquidate the debt for ages.


Oba's personal indebtedness to First Bank is over N70 billion

emmanuelewumi:
That was the one from UAC Property Development Company, we have not seen the one from UACN

Oakbranch:
bros, should honey well shareholders be happy or sad. That your meme speaks volume.

samguru:
https://doclib.ngxgroup.com/Financial_NewsDocs/34601_FLOUR_MILLS_OF_NIGERIA_PLC%20FLOUR_MILLS_OF_NIGERIA_PLC_.pdf

he don happen Flourmills Nigeria PLC has acquired Honeywell Flourmills PLC

dublinkmy6:
Hello house!
I'm a novice to these stocks of a thing, but my father bought shares in some companies many years ago.
He called me on phone and gave me a particular code number and he says that with that code, all his shares in the various companies can be checked.
Pls I really don't know how to go about the process of using this code and I'd like someone to put me through on what is what with his stock and shares.
Maybe a stockbroker or something like that.
Thanks house.

Makib2020:
Wort dah fork

emmanuelewumi:
PENCOM act is clear about it. Seye Kosoko the company secretary of First Bank is the one that included those shares as part of Odukale indirect shareholdings.

NGX actually queried First Bank concerning this, which they responded to. I guess NGX had to ask PENCOM for clarifications.

Stanbic IBTC Pension Manager is the biggest in the industry controlling 25% of pension fund, the promoters of the company have never appropriated shares bought by the pension fund manager as part of their indirect shareholdings

emmanuelewumi:
Funds in the retirement savings account of workers was used to buy the shares so it belongs to the workers.


Leadway Pensure is a company, if the company used part of its profit to buy FBNH shares then Odukale can appropriate such shares as part of his indirect holdings

RabbiDoracle:
"If you don't find a way to make money while you sleep, you will work until you die." - Warren Buffett

gbengafaro1986:
Looks like they dumping Access and Zenith as well

samguru:
WAPCO dividend on Friday oooooooo

ok mama chinyere give me two plates of pepper soup and 4 green bottles.

moneymanager:
Not to panic anyone OOOO but I just got a message from my sister at ogun state
Said multiple customers angry and infront of bank trying to withdraw but can't get in

Alleged stories of bank owing money and using customers funds
Again this is un-substantiated and un-verified

but trying to with draw now and unable to with app

Looking for any news on this (Maybe its just specific to the branch in ogun state)

Called peeps from other banks and staff and got news that everything is fine but wanted to mention it here

moneymanager:
Guys any news on whats happening to GTCO (Actual bank and customers not stocks)?

megawealth01:
End of the week correction

emmanuelewumi:
You also need to consider the outstanding shares of both companies. MTN has a little over 20 billion shares, while Airtel Africa has 2 billion shares

yMcy56:
Seems some other positive forces are moving MTNN.........
I hope some analysts are not mis-interpreting this share repositioning...........besides, AIRTEL is giving huge gap, MTN will have to be dragging along small small.

yMcy56:
MTNN: @205 with bids far outweighing offers!!
Seems this may be heading towards 250 o.
Lol. Na my opinion.

WAPCO .....hinching up steadily.........
Pulled back some days ago.......reversed up @25.50.......now sighted @26.50.....

AIRTEL and MTNN.........both got approval in principle to operate a service bank........whatever that means must be a plus for both stocks I think....

megawealth01:
That's his business... MTN is GOLD... MY OPINION though

ojeysky:
Crash most likely knocking the door