₦airaland Forum

emmanuelewumi:
Yes

Lasaco, Lagos State Assurance Company

jideflash:
LASACO has met the recapitalisation deadline, as Lagos state has deposited N3.1bn for additional shares. This info is stated in the 2020FY report.

megawealth01:
Final dividend na... JB EH

Lion123:
Lol. It's full dividend o. As for me and my family, we shall stick to GTBank and Zenith Bank now and always.

yMcy56:
JULIUS BERGER:
Dividend: 0.40k
Qualification Date: May 28, 2021

http://www.nse.com.ng/Financial_NewsDocs/32741_JULIUS_BERGER_NIGERIA_PLC%20CORPORATE_ACTION_ANNOUNCEMEN.pdf

http://www.nse.com.ng/Financial_NewsDocs/32738_JULIUS_BERGER_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf

Curry30:
Does this higher overhead cost not translate to lower payouts to investors?

megawealth01:
The TRUTH is that bank is trading below its real worth... It has no biz trading below #25

ojeysky:
Stanbic moving with up, but I don't think it's worth a 50 sha.....even with the bonus because we know price will come back to reality after that and bonus is just dilution. - No mind my JJC talk sha

zimams:
Lol!
Just to put it all in perspective....
'No be who call Police dey win case'

yMcy56:
STANBIC don land oooooo

Final Dividend....N3.60!!!!
Qualification Date: April 7, 2021
Dividend Payment Date: May 28, 2021
BONUS ISSUE Date: June 10, 2021 (1 for every 6 held)
A good one!
http://www.nse.com.ng/Financial_NewsDocs/32668_STANBIC_IBTC__HOLDINGS_PLC%20CORPORATE_ACTIONS_ANNOUNCEM.pdf

Audit Financial statement:
http://www.nse.com.ng/Financial_NewsDocs/32666_STANBIC_IBTC__HOLDINGS_PLC%20_AUDITED_FINANCIAL_STATEMEN.pdf

yMcy56:
That's the payment date. A bit far.

yMcy56:
DANGSUGAR was marked down today.
Closed @17.50 yesterday and opened @16 today.
Dumping not witnessed because
market is somehow up today........the beauty of price markdown when market is moving northwards.
E Ku Market o.

dharpzee:
JUNE 19 2020

Heishere:
Boss please assist with Meristem registrars email address

nna777:
I thought it was tomorrow. They started a day earlier. Still waiting for mine.

samguru:
Wale has bitten more than he can chew!,
he cannot pull any fast one here as all eyes on OANDO.

The banks are waiting for their money and naira depreciation has worsened OANDO's situation.

These banks may repeat what ACCESS BANK did to Japual Oil and Maritime service in order to recover their loans

robobo:
My Oga where would he get the money to pay from? has he finish paying the Banks? or you think the Banks would allow him pay dividend when he is still owing dem loan that had become delinquent? Oando cannot return to profitability except oil reads 70 (that was the projections on which the conoco asset were bought, check the coy previous financial statement) and unlike some other marginal player he cannot increase the volume from the oil well to compensate for price fall because it is not the operator.

My Oga i really wished the rumour has an ounce of possibility to it cos im heavy here (though fully written off now) but im a hard nosed realist, so i wld tell you not to bet on it.

Mcy56:
Check the date on that article, it's 2 years ago.
Their books are much better now. I hope the coy pays dividend for the 2020 FYE.

samguru:
@OBAGADAFFI
Chams did balance sheet restructuring and that was sanctioned in the Federal High Court. If you recalled AIICO did similar thing to their balance sheet by reclassification.
The implication of that is just to make the company have surplus and reserve separated from retained earnings. With this restructuring they can pay dividend from reserve or surplus account and not retained earning

In oando's case everything is RED and they can not go to court to restructure their balance sheet now because they have too many court cases.

Mcy56:
2018 FYE or 2020 FYE?
Can you post the link pls.
Yes, Chams already returned to profit in the 2020 fye.
http://www.nse.com.ng/Financial_NewsDocs/32345_CHAMS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_2020_FINA.pdf

samguru:
Price manipulation can happen, but not dividend manipulation from negative retained earnings.

samguru:
From Negative retained earnings abi?