FCMB dividend has landed. Abacha and fish with cold star lager to celebrate small.

FG through AMCON is the largest shareholder of the Bank.
[quote author=Redoil post=100986453]Insiders squealed to us that the bank’s board may have perfected plans to sack her as the board has lost confidence in her leadership because she has failed to turn around the fortunes of the bank.

https://doclib.ngxgroup.com/Financial_NewsDocs/33077_GUARANTY_TRUST_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEM.pdf

GTB profits have dropped by 10%. Traced to a huge drop in interest income. Will be interesting to see the review of the analysts from the broking houses. Stock prices may dip in the coming days and weeks especially if Zenith follows with a similar pattern of results.

UBA results will be seen more as audio profits . Till UBA shakes body and pay correct dividends in line with reported profits like GTB and Zenith that pay nearly half of profits in dividends.

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/33077_GUARANTY_TRUST_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEM.pdf

GTB profits have dropped by 10%. Traced to a huge drop in interest income. Will be interesting to see the review of the analysts from the broking houses. Stock prices may dip in the coming days and weeks especially if Zenith follows with a similar pattern of results.

UBA results will be seen more as audio profits . Till UBA shakes body and pay correct dividends in line with reported profits like GTB and Zenith that pay nearly half of profits in dividends.

GTB has been messing up lately.

Even their banking service is no longer reliable.

OBAGADAFFI:


GTB has been messing up lately.

Even their banking service is no longer reliable.

But GTB still grew deposits faster than other big banks last year except for UBA that grew the most (perhaps due to foreign ops). What else can one use to measure reliability or likeability of service than rate of deposit growth ?

BabsO2:


But GTB still grew deposits faster than other big banks last year except for UBA that grew the most (perhaps due to foreign ops). What else can one use to measure reliability or likeability of service than rate of deposit growth ?

Well, I can't figure out what's going with GTB right now, but I hope the HOLDCO agreement isn't affecting them.

A lot of internal restructuring might be happening to Fastrack the HOLDCO arrangement.

GTBank Records N45.6bn Net Profit in Q1 2021
https://businesspost.ng/economy/gtbank-records-n45-6bn-net-profit-in-q1-2021/

FBNQuest Merchant Bank N8bn Bond Begins Trading on NGX
https://businesspost.ng/economy/fbnquest-merchant-bank-n8bn-bond-begins-trading-on-ngx/

SEC to Mandate Registrars to Pay Unclaimed Dividends in 48 Hours
https://businesspost.ng/economy/sec-to-mandate-registrars-to-pay-unclaimed-dividends-in-48-hours/

Airtel Secures $500m Loan to Repay €750m Bond
https://businesspost.ng/technology/airtel-secures-500m-loan-to-repay-e750m-bond/

CBN to Sanction Banks, FX Dealers Rejecting Old Dollar Bills
https://businesspost.ng/economy/cbn-to-sanction-banks-fx-dealers-rejecting-old-dollar-bills/

BDC Operators Beg CBN to Review N2/$1 Transaction Margin
https://businesspost.ng/economy/bdc-operators-beg-cbn-to-review-n2-1-transaction-margin/

Fidelity Bank Lists N41.2bn Series 1 Bonds on Stock Exchange
https://businesspost.ng/economy/fidelity-bank-lists-n41-2bn-series-1-bonds-on-stock-exchange/

Fuel Scarcity: NNPC Increases Daily Supply of PMS by 202%
https://businesspost.ng/economy/fuel-scarcity-nnpc-increases-daily-supply-of-pms-by-202/

The moment you join a global financial market such as the cryptocurrency market, as an African for instance, you are indirectly benefitting from the bad fiat devaluation system.

You start to realize, why despite inflation, hunger and starvation, many are not complaining. Remember I wrote a note about edging your funds in stablecoins (similar to dollars) if you think the cryptocurrency market is too volatile and you can't cope with the madness!

whoever is in charge of suppressing naira, please carry go and don't forget to print more of it so that it can continue to flood the market and depreciate more and more while we in the global financial market benefit from it.

Let me apologize to you reading this if you find this offensive and you think I support evil, I don't. I despite and shun evil. Nonetheless, we MUST understand that fiat (such as naira) devaluation system is intentional to make the elites rich with "over populated money"

I don tell you many times, until you understand how money (the game plan) works, you will continue to ask "where una dey see this money"

Nigeria as a case study, elites, pilgrimage have easy access to forex.which the masses can't access.

They take foreign currencies they have easy access to (at cheaper rates) and use these currencies to mop off naira in our local markets making them even richer.

As tech will have it, cryptocurrency came with good tidings. It makes it easy for all of us to have access to foreign currencies and enjoy weak fiat (such as naira) devaluation system without limit. If your ultimate savings plan is solely in naira, sorry, but you're working hard to achieve the past!

Don't end money printing, let it go there...

OBAGADAFFI:


Well, I can't figure out what's going with GTB right now, but I hope the HOLDCO agreement isn't affecting them.

A lot of internal restructuring might be happening to Fastrack the HOLDCO arrangement.

Who Holdco epp

BabsO2:


But GTB still grew deposits faster than other big banks last year except for UBA that grew the most (perhaps due to foreign ops). What else can one use to measure reliability or likeability of service than rate of deposit growth ?

Zenith Bank q1 should be out by Friday, that should give us an idea of what to expect from the industry

STNWAUME:
The moment you join a global financial market such as the cryptocurrency market, as an African for instance, you are indirectly benefitting from the bad fiat devaluation system.

You start to realize, why despite inflation, hunger and starvation, many are not complaining. Remember I wrote a note about edging your funds in stablecoins (similar to dollars) if you think the cryptocurrency market is too volatile and you can't cope with the madness!

whoever is in charge of suppressing naira, please carry go and don't forget to print more of it so that it can continue to flood the market and depreciate more and more while we in the global financial market benefit from it.

Let me apologize to you reading this if you find this offensive and you think I support evil, I don't. I despite and shun evil. Nonetheless, we MUST understand that fiat (such as naira) devaluation system is intentional to make the elites rich with "over populated money"

I don tell you many times, until you understand how money (the game plan) works, you will continue to ask "where una dey see this money"

Nigeria as a case study, elites, pilgrimage have easy access to forex.which the masses can't access.

They take foreign currencies they have easy access to (at cheaper rates) and use these currencies to mop off naira in our local markets making them even richer.

As tech will have it, cryptocurrency came with good tidings. It makes it easy for all of us to have access to foreign currencies and enjoy weak fiat (such as naira) devaluation system without limit. If your ultimate savings plan is solely in naira, sorry, but you're working hard to achieve the past!

Don't end money printing, let it go there...

Technically with the current status of the country. You should not be earning less than 12pa on any Naira investment.

...

emmanuelewumi:




Who Holdco epp

Well, that one is management decision.

FBNH giving Access and UBA a good run...
FBNH: 7.40
ACCESS: 7.50/7.60
UBA: 7.25

Don't forget that FBNH was marked down for dividend on 20/04/2021.

Stay tuned and keep watching how the race is progressing.......

OBAGADAFFI:


GTB has been messing up lately.
Even their banking service is no longer reliable.

GTB MM will have to get busy from 2day...
We should expect it to hit 25 -26 very soon....
No more news till interim div again...

yMcy56:
FBNH giving Access and UBA a good run...
FBNH: 7.40
ACCESS: 7.50/7.60
UBA: 7.25

Don't forget that FBNH was marked down for dividend on 20/04/2021.

Stay tuned and keep watching how the race is progressing.......

Nice commentary, sis. Keep it up.

*UNION DIAGNOSTICS*
@Samguru your company issued apology o.
SEC referred to First Registrar, First Registrar was clueless.
Seems they received more than enough complaints from investors, so they had to do something.
Next line of action is waiting for regulatory approval now.......let's see how long this takes again.

https://doclib.ngxgroup.com/Financial_NewsDocs/33080_UNION_DIAGNOSTIC_AND_CLINICAL_SERVICES_PLC%20PUBLIC_NOTI.pdf

Willie2015:


GTB MM will have to get busy from 2day...
We should expect it to hit 25 -26 very soon....
No more news till interim div again...

No be only 25 na 20. This will never happen. I expect it to hover around 30 worst case scenario

SOVEREIGN TRUST:
The type of report uploaded though.....
Scanned report from Businessday?
Improved result anyway......
https://doclib.ngxgroup.com/Financial_NewsDocs/33082_SOVEREIGN_TRUST_INSURANCE_PLC%20SOVEREIGN_TRUST_INSURANC.pdf

MANSARD:
Very good Q1 2021 Report
For dividend lovers, today 22nd April is the final qualification date for 2020 FYE dividend......
Dividend of 0.055k

UACN:
Back to support @10.50..........from early sell of to 10.10.....

Willie2015:

GTB MM will have to get busy from 2day...
We should expect it to hit 25 -26 very soon....
No more news till interim div again...

HOLDCo news is still there nah.......
GTB has some level of 'goodwill' though........if the HOLDCo is favourable, don't expect much downside singly........my opinion.

I want to accumulate zenith bank shares for long term is it advisable to buy now or wait a bit. Some analysts are saying the bears are around the corner. Gurus in the house please advise.

Please does anybody know when Mobil will pay off the dissenting shareholders?

I thought I read April 16th as the deadline to pay somewhere.

Shouldn’t the company be required to pay dividends to dissenters if they have not been paid off by 29 April that is dividend qualification date?

universal insurance, wont be at 20kobo for too long.. study their results and take position accordingly.

Apply Due Diligence.

klas:
Please does anybody know when Mobil will pay off the dissenting shareholders?

I thought I read April 16th as the deadline to pay somewhere.

Shouldn’t the company be required to pay dividends to dissenters if they have not been paid off by 29 April that is dividend qualification date?

They have paid since 16th April. Please check with the registrars.

yMcy56:
SOVEREIGN TRUST:
The type of report uploaded though.....
Scanned report from Businessday?
Improved result anyway......
https://doclib.ngxgroup.com/Financial_NewsDocs/33082_SOVEREIGN_TRUST_INSURANCE_PLC%20SOVEREIGN_TRUST_INSURANC.pdf
.

Their Press Release on the Report:
https://doclib.ngxgroup.com/Financial_NewsDocs/33041_SOVEREIGN_TRUST_INSURANCE_PLC%20SOVEREIGN_TRUST_INSURANC.pdf

Sold off all my GTBank shares today at between N31.10 and N31.30. Bought at N28.5 few weeks ago. Still chopped dividend and capital appreciation. Can't complain. Now I hold cash and wait for the thunder, because.... Buhari and Pantami.

Lion123:
Sold off all my GTBank shares today at between N31.10 and N31.30. Bought at N28.5 few weeks ago. Still chopped dividend and capital appreciation. Can't complain. Now I hold cash and wait for the thunder, because.... Buhari and Pantami.

Sold 75% at N31.20, bought at N18, N3 dividend
Next is to migrate the loot into DangCement before qualification date

Sell a day or 2 later

CUSTODIAN don land

Justcul:


Sold 75% at N31.20, bought at N18, N3 dividend
Next is to migrate the loot into DangCement before qualification date

Sell a day or 2 later

After mark down u will be back where u started, am I correct?

yMcy56:
*UNION DIAGNOSTICS*
@Samguru your company issued apology o.
SEC referred to First Registrar, First Registrar was clueless.
Seems they received more than enough complaints from investors, so they had to do something.
Next line of action is waiting for regulatory approval now.......let's see how long this takes again.

https://doclib.ngxgroup.com/Financial_NewsDocs/33080_UNION_DIAGNOSTIC_AND_CLINICAL_SERVICES_PLC%20PUBLIC_NOTI.pdf

My sister don't mind that useless company,they keep shifting goal post everytime.

Las las na court go separate me and union diagnostic

ositadima1:


After mark down u will be back where u started, am I correct?

Wrong we know how this works trust me.

prof2007:
What is the name of the stock broking firm?

Ecl