₦airaland Forum

ositadima1:
Please gurus, as a newbie I was planning on buying any of the top dividend paying stocks preferably UBA and Zenith. After collecting the dividend would I be able to offload as fast before rates start dropping again?

For example UBA is currently more than 50% above its lowest point for the last 52 weeks.

If I come collect 9% yield or something and loose 50% after he no go make sense o.

I dey try learn d work o.

Uba and zenith are very liquid stocks.
You can sell any time you want to sell.

However, no one can say what the exact price will be after markdown but you can be sure it will not be at a loss of 50%

Intendy:
Stock with new 52 week lows

Bua cement #36.00k

Stocks with new 52 week highs

Uba #8.90k

Vitafoam 4.96k

Vitafoam is inching upward gradually while we are waiting for the q1 result. hmnn...

ositadima1:
Why is SMURFIT not traded, is it because they are the highest dividend paying firm on NSE ?

Nobody won sell their share?

The stock is illiquid cos of very low OS.
The dividend yield is very attractive just like you have observed.
However, you have to note that the company doesn't release financial information in a timely manner.
If you are a newbie, run from this kind of company.

DeRuggedProf:
Support is the stage you collect salary and get a very good gift for your Bestie, resistance is when the joy of the old gift fades away and the cordial relationship seems to hit the rocks....
Newbies must earn by force.....

fxuser:
its so easy to sell support and buy resistance

It is not everyone that understand support and resistance

currentprice:
this month candle will end surprisingly and next month candle will be higher than this month

everything is clear on the chart as at the time of posting

cc fxuser

Make u dey post the charts nau...

fxuser:
have a more comprehensive notes , but will take oo much space
each stock takes plenty sppace lollx

Thanks.

Mcy56:
Check below the comment, you will see: 'quote', 'report', 'like' and 'share'................... click quote for anyone you wish to quote.

You cant receive dividend if you sell before qualification date. It means you didnt qualify nau.
You will only receive for the 100units you left unsold.

You will be a good tisha...

fxuser:
- sure but I shy away from dem ,cause some dont know basic candle sticks to they dont really know wat they are looking at
- Last week engulfing candle is very important , similar to that week in June when price moved from N9.75 on monday to Fri 11.55
(engulfing weekly candles are powerful trend signals showing a shift in trend (see access , uacn et al), d bearish ones too shud not be ignored, shows d end hehe) - anyways price broke above prev 8 week closures , so its a very bullish signal
- FWD to last week , similar candle pattern or action, from n13.80 on Mon to 15.40 close even tested n16.30 highs were we saw profit taking
- dat pattern is wat caught my attention not the FA or BUA blah blah, pipu knew wapco was cheap since Oct , its d move u want to be part pff not cheap , another story
- so price broke previous 10 weeks closure ... gaddam , d FA buyers below are happy, they have been vindicated after many months
- the bigger pic shows d support below N14 is now the new higher low, took time too, (since oct)
- now we have a inside bar forming at the upper range of last week .. its a good time to buy some and letss watch how it unfolds
- dat move or action from prev charts across d world suggest higher probability of higher prices , patterns are just summary of human emotions
occuring again and again if u know how to spot dem
Summary / Out look
- a close above prev week 15.40 is also a buy
- a close above 16.30 hig is also a buy (52 week high begat more 52 week highs )
Stop
- a break below N13.7 to N14 support is a sell cause an up trend is series of HH (higher highs) and HL (higher Lows), breaking below a HL invalidates d trend

sorry for dis long banter ! trying to summarize sef is not easy , make i find d chart

Thanks a lot for taking your time to do the summary.
I always like to see the chart so as to aid my learning process.

fxuser:
best to look at d weekly chart
all d daily noise (xver et al ) is forming a weekly inside bar at the upper range of prev week
how to say dis in english is another matter dat will take too much time
all d noise is consolidation in summary of a much bigger move


(An "inside bar" pattern is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar)

You can help us to post the chart sir.

DeRuggedProf:

Your head dey there....

This one that prof is speaking with pictures.

Valueinvestor:
Absolutely none, am sure if not for the market crash of 2008,probably he would have listed his media enterprise like Daar communication.he definitely made good money,probably the market took it back

I also want to believe that he actually lost money to the market crash..

emmanuelewumi:
Someone paid on your behalf in case you don't. Universal Insurance, Geofluid etc have paid for such expenses at one time or the other

Not true sir.

emmanuelewumi:
My projections are for myself, his own projections were monetized.

People paid 20k in 2006 to listen to his projections at his seminars and also used the power of the media to get as many people as possible

His projection were not always monetized
He came to my state to give seminar and we didn't pay a dime to attend.....

Valueinvestor:
Chai, the guy try o,stockwatch was just like complete football then,if i never buy am,week never complete

I always look forward to his stockwatch magazine every Sunday....
I still have some copies in my library..

The guy tried ,no be small.
I don't think anyone has done anything close to what obabolujo did in promoting stock investment education in Nigeria

emmanuelewumi:
He was on the payroll of the companies private placement offerings and public offerings which he promoted and marketed.

He controlled the media through his newspapers, daily radio show and weekly TV shows and monthly stock market seminars all over the country. This made him to have cult followership , I doubt if his numerous followers made lasting wealth.

I learnt he is now a Pastor with a church at Ikeja. After he failed on several attempts to relaunch his financial media empire

I don't think he did what he was doing then to mislead people.....
His was just a case of the blind leading the blinds.

maishai:
Im yet to hear any body make real wealth from Abayomis recommendations, meanwhile since I started trusting my instincts with self study, ive grown considerably..........Obviously, his magzine died a natural death........ a magzine that should hqve taken the title of Financial times of Nigeria

He came at the wrong time.....
Everybody got carried away.

Agbalowomeri:
No be chart details I dey talk before ni
The other leg should be in March/April/May according to my gut
My gut also says any pull back before then will be shallow
Hope you see the index hammer for today or may be I don begin see double vision Lol

Make you dey post all the charts o, that is the best way for some of us to learn more about all this imaginary lines

Agbalowomeri:
Nobody buy for this platform at that price

You are very wrong on this sir.

Agbalowomeri:
My Oga, na only Jan 1st I announce say I dey UACN o
Most had entered long before then

And why do you think many who did not buy when the price was N6 or N7 want to buy now at N10, N11

Mcy56:
Oga Pluto, so you believed Agba is responsible for UACN movement?
Well, maybe he influenced it but with the analysis done, I think its beyond Agba's call..............dont mind me, I no sabi anything o. Just my opinion.
Peter would have jumped out to reply you by now but he don carry his loot commot.

How will I believe Agba to be responsible for UACN movement?
He is a big influence on the decision of many to be in the stock.
He has nothing to do with what happens to the price...

Agbalowomeri:
Wait till market close
11 was always going to be a strong long-term resistance/support
It is healthy

Many are bullish on that stock just because of Agba
The day you will disembark from the train will be interesting.

I just hope you will inform the house when you are selling so that many will not regret their move

rebekah2011:
How can anyone run away when they have heard the beautiful stories of 100% to 300% loot.

rebekah2011:
paying school fees will make an investor better.

That will only be possible if the investor doesn't run away after the initial gorimopa head cut

rebekah2011:
The merger of SA business with Wapco to form Lafarge Africa was never a mistake. It was deliberate. Whilst, I must commend their decision to spin-off this unit to give the Nigerian shareholders a sigh of relief. I am still not convinced that the business can take on Dangote Cement in the interim. One can test the waters with one hand if the FOMO is an issue.

Cement business is more profitable in Nigeria than elsewhere in Africa.
Larfarge fortune has been going down since that devilish union with SA units.

If they have concentrated those resources and energy on improving and increasing their capacity in Nigeria, they would have done far far better.
The foreign denominated loan they took in the process inflicted heavy blow on them when naira was devalued.

Agbalowomeri:
Are they planning a public offer?
Not sure why anyone will want to defend the price

Ah ah, conspiracy theory

Improvement in rankings for Rabiu in Forbes billionaire list

Princkez:
BUA CEMENT on full offer

It is a stock that can easily be manipulated and that is why some of us are not excited.

The bids will resume sooner than later, Rabiu is in a very good position to defend the price.

rebekah2011:
The analysis paralysis that always goes on in my head will make me wait. When the value becomes glaring, I do not mind paying for it.

I don't believe in analysis paralysis.
I think we have similar investment philosophy.
If it doesn't meet your investment criteria, don't buy no matter who recommends it.

You will miss some hot stocks in the market but that to me is no problem.

rebekah2011:
Julius Berger should be able to do above N2 naira in dividend payments. Between Zenith Bank and Jb, I am confused as to what to buy. JB can easily get to N35 to N40 on the strength of stellar 2019 than Zenith Bank. Someone should help me here, please.

If you are really confuse spilt the money into two and buy the 2

I have looked at the two companies and both are buy for me.

However, giving the current market condition and the CP of both stocks, if I am to buy today JB will be preferred.

Zenith on a stand alone basis cannot go far in price if the general market condition is tepid. On the other hand, If JB declares a better than expected result, price can easily move up irrespective of the general market condition.

This is my personal opinion and I could be very wrong.

Note: The two stocks are in my portfolio with JB bought at a lower price than cp.

rebekah2011:
What is pushing Mtn higher? People should remember that it has paid an interim dividend oooo

The fg discontinued the $2b tax court case with mtn. That might be a factor.

godlyguy:
Tolu...

The least you'd see LAFARGE is it's present PRICE... I'M doing my KINGLY ENTRY today... I will keep WAPCO upwards henceforth... The MONEYBAG is here NOW

THE BIG SMART GUY

The stock market could be very volatile and unpredictable.
While I am bullish on larfage ,it will be naive of me to think that the price cannot go below the current price.

rebekah2011:
I do not yet understand the excitement around Lafarge Africa. The repayment of loans it has made this year was down to the rights of 89b and I think about 10b from operations. The implication is that the balance of the 64b loans as at September 2019, how will they be able to pay this asap. The operating profit before tax is not robust enough to pay the loans asap. The coy has to find a way to generate more revenue than it is currently doing. However, this should not deter anyone from making money from the company as there are plenty of sentiments around it. The declining revenue should also be a source of concern to the shareholders.

The attraction for me is the restructuring......

The loan repayment is not only due to right money, the South Africa operation has been spun off which gave them the opportunity to excise about 140b third party foreign loan from their books...

A reduction of about 200b from 266b in a space of 9months is not moimoin and call for excitement!

The reduction in revenue is mainly due to the exclusion of SA operation which is a blessing in disguise. You will notice that despite the drop in revenue there is an increase in profit which signifies efficiency and that is positive....

The eps is good compared to others in the sector when you calculate the p.e from operational profits. If you now factor in the profits made from spinning off of the SA operation, that is a bomb

Also check the equity for 2018 and September 2019, that has also increased significantly

They still have some hurdles to cross but I want to believe they are on the right path..
Most of the loans in their books are now the cheap ones and can easily be managed.

Note; the SA operation has always been a drag on Larfarge since that marriage was made and it was a misadventure.