₦airaland Forum

Paulfroshman:
As a newbie in the stock market, I have decided to consider dividend yield. I might opt for capital appreciation if there is any opportunity for that. I would be glad if you can enlighten a little on the following stocks:

● Dang Cem@172 - is it a good buy at the current price and if I choose to buy some units, will I be entitled to the Dividend Payout Come February ending?

● Zenith Bank@21.70 - is it a good buy at the current price and if I choose to buy some units, will i be entitled to the Dividend Payout Come February ending?

● Also UCAP@2.61 - Is It a good buy at the current price?

You will do yourself more favour by digging deeper.
Find out how much those companies paid out last year as dividend.
Take what they paid last year ,divide it by the current price and multiply by 100. That will give you the probable dividend yield for this year.

The other question is, can those companies pay what they paid last year or more?
This one is thickish and you will need to dig deeper and deeper......

As at q3 2019, you find out how much profits those companies have made compared to the previous year. Is it more or less? That will give you an idea of what might likely happen with dividend payments at the end of this year....

To broaden your knowledge about the companies, you can look at financials plus dividend history for the past 3, 5, 10 years.
Has the profits been increasing/decreasing from year to year? Ditto for the dividends.

Let me stop here for now.......

ukay2:
Loooooool

But they should stay and pay school fees

After, they'll not repeat the school fees again. .....all of us paid school fees na, including you Sir.

It is better they don't get burnt o....
Many will vow not to return to stock market again...

Some of my friends that we entered market together in 2006 are not ready to listen to any story about stock market again after the 2008/2009 market crash.

Mcy56:
Ok thanks.
I contacted them and the anomaly corrected.
Chai! People missed out of this wonderful opportunity o. Imagine the tashere units showing over 150% profit.
Think we have to be doing indepth analysis of special arrangements like this going forward.

If a stock doesn't meet your investment criteria, you will not see any stock that you did not buying and doing 100%, 200% as a missed opportunity....

fxuser:
MTN
gap up from N116 prev weekly close ! !

You are doing a great job.
Among the very few who are still doing analyses on the forum and not predictions

Kudos

maishai:
all ears down....... Waiting patiently for your revue of Dangote cement .......

My investment philosophy is to analyze already declared results and take position.
I don't base my investment decision on nse on potential or what might happen in the future.

Giving the current market condition, DC is expensive compared with other available options. They have cash which is a positive one and the share buy back should also be good for the share price.....

wanaj0:
The fundamentals of the economy has not changed. Bull is mainly driven by FPI which for now are not finding Nigeria attractive. Local investors (PFA) are behind the current movements but they don't have unlimited funds.

So, time to be fully invested BUT the bulls may not come as quickly as some are expecting.

Thanks.

wanaj0:
Where is the BULL oooo

BULL in the China shop

Welcome back sir.
This one that you are speaking in parables

Your thought on the market

Agbalowomeri:
It's the growth rate that is important, not the absolute/current EPS
If the growth rate is up to 20%, it could be worth more than 60 sef

The better part of the profit forecast self na tax credit!

Agbalowomeri:
You still dey play ostrich ko

Oracle still want enter market
It is not easy holding cash

arduino:
You can port to anywhere but please don't go close to GTI GROUP............Buying(1.812%) selling(2.127%)
My analog broker closed shop last year and transferred clients without our consent to GTI GROUP

Are you sure other charges have not been included in what you quoted

OakPearl:
Meanwhile UACN still making Agba and Peter proud.
Finishing strong at N10.25!

At what price did Oracle say people should wait to buy UACN again

Willie2015:
Download 10% of my GTB @ N=32.70...
With entry price of N=28...
Dis Bull fit get K -Leg....

Taking some profit along the way is not bad.
Nothing is guaranteed in this market, all those paper profit can disappear at anytime

emmanuelewumi:
Old CCNN now constitute about 10% of the enlarged BUA cement entity how can that be?

Capitalism

emmanuelewumi:
Not advisable to buy BUA now, but to sell if you can get a buyer at the current price.

The core investor is the one selling and buying from himself

A stock in which one individual is holding more than 95%. Smh

aremso:
U cant sell wait for the exchange units of BUACEM

Have they not done the exchange?

[quote author=fxuser post=85668581][/quote]You mean people can still buy today

Gokoyer0:
Thanks for the reply. I checked investnow out and they have a very good website and nice app as well. But which one of the products do you think I can start with?

The major advantage of Morgan over others is their low commission. They seem to have the lowest commission for retail traders with no deep pocket.

Gokoyer0:
Ok sir. Thanks. But the way TBills rate and bonds are going down, it seems stock trade is the way now but I learnt it's more risky than those 2 afore-mentioned.

If you have not done stocks before, don't rush into it now that the market is already bullish.

fxuser:
serx engulfing weekly candles up and dan d index
E ku bullish start

We need you to be around this time of the season
Make you no run away now o

lancee:
We dey here oo..Waiting for massive pull back to enter and re-cycle if its happens......Someone will not like this

Money must work.other avenues .. Fb, Wap etc

Pull back will surely happen. Market doesn't go in a straight line.
However, some stocks have not seen much rally of recent and such don't need any pull back for entry.

currentprice:
good stock still out there to grab with full hand before doors close for the final destination

I think many are confused
Picked some more units today

We wait to see what will happen tomorrow, who knows, there might still be opportunity to buy some stocks

currentprice:
i think mkt wanted to pick the year high but we have not near year high in my opinion

this is not the time when price just breakout ichimoku cloud on d daily

not the time to SELL but u know what pple will be taken profit for the fear of the past two years while price will continue moving up pass their exit prices

ask those that fear took profit on uba , zenith yesterday

Those who took profit were making mouth yesterday
It is the turn of those who did not sell to do small shakara today
Life na turn by turn

Anybody knows wetin fit happen tomorrow

Agbalowomeri:
Oga Oracle calm down
Access journey na above 20

Disclosure: no unit here

Who would have thought that you and oracle will exchange positions so soon
It is now manipulation in oracle voice when stocks close higher hmnnn

locodemy:
Tritri,That is where my treasure is.
Fidelity is not doing bad too.

Loco, you mean Tritri done turn witch

currentprice:
i have been shouting premium when pple rushing it @ 165. and i hav been mentioning good cash when they have not made known to public their share buy back plan.

with share buyback plan, the cash i shouted is obvious now

currentprice:
u are seeing what i noticed as well, reasons i posted on the DC cp as premium things last week . though i agreed fundamental remain sound and i hope they can start proving this by year end report. but based on Q3 i can not buy at cp

i like d compy cash sha if put use adequately, we might see DC at N500 in d future. we will keep monitoring but i will miss it this time. bedsheat pointed flat

The only attractive thing for me is the cash
I am not always comfortable with a company boosting its profits with items that are not sustainable

rebekah2011:
Good morning Sir. The fundamental of the company is strong. The price is attractive for now. I saw the February date after I have made my comment. If you buy now, in my view it is a bargain. Oga OGG has done plenty of analysis.

DC EPS for q3 is N9.10. Less profit was made q/q and y/y.
For a company selling for N142, don't you think the company is still selling at a premium? Or are you still banking on the tax credit for improvement in PAT at year end just like they did last year

DigitalMallam:
Advise noted.
But will NEVER put a kobo into Nigerian stock.
Some of the scenario you painted above: a PFA that bought a share for N140 got dividend of N3 consecutively for the stipulated 5yrs = N15 gain and lost N90/share is that a good / viable venture?
Let me reiterate, I'm sticking to what I can understand with proven track record, things one can analyse with available data and predictive analysis and not a lottery/gambling - 'maifada da chikawa'
On a lighter note - I love beer.

Stock investment is not for everyone.
Your decision to stay away from Nigeria stock might be a good one.
However, that you lost money in the stock market does not mean that the stock market is bad. People who understand the game are making good money in the Nigeria stock market market while some others are loosing money. That is the major difference between stock and Tb.

RabbiDoracle:


And if I talk where e fit reach now, people will disrespect me.

I have kept my mouth shut.

It is not about talking, it is the way you put your message across.
BBM put out the chart in the morning and everybody can see the possibilities.

My point is that there is no certainty in this business, it is all about possibilities and probabilities.

mendes911:
Likewise Zenith Bank....

Yes

Toluway:
Thanks, i appreciate. My problem with Meritrade is, they seldom allow my order to sail through, any time i put price limit !

There is no way they will stop your order if you place the trade yourself.
The price limit might not have been met.

mendes911:
I hope WAPCO faithfuls that complained of not having enough are buying today. I wouldn't want anyone to come and complain again when the stock starts gaining.

The cross-trade that took the stock to 15.30 might still happen again today! Maybe...

The overhead supply in WAPCO is much....
People need to tread carefully....