yMcy56:

STANBIC back to N50 after markdown.

OBAGADAFFI:


It is still overpriced.

Ades1:



Greetings oga.... Stanbic is about to give 1 bonus for every 6 shares held.... To you it is overpriced, to me it is not, that's why I have been buying.

Like someone don talk before, even if Stanbic drop to N20 today today, you go shift una goal post to N15.

Teeonly:
yMcy56
Yes! I am. Thank You.
Trust you are too?

OBAGADAFFI:


Cooldown no fight.

Simple Analysis with the help you.

Which is the most valuable stock on this list?

Stanbic PE-9.54, EPS- 5.24
Zenith PE- 3.35 EPS- 6.65
GTB PE - 4.66 EPS - 6.69

OBAGADAFFI:


Cooldown no fight.

Simple Analysis with the help you.

Which is the most valuable stock on this list?

Stanbic PE-9.54, EPS- 5.24
Zenith PE- 3.35 EPS- 6.65
GTB PE - 4.66 EPS - 6.69


Zenith wins which is why Zenith is the highest holding in my portfolio followed by GT...... Stanbic is #6 or #7 on that list.

It is not always about PE, Tesla for example has a PE ratio 1,000+. If you're one of those people who carry foreign investments on their heads, you're probably invested in TSLA.

BTW, I am not fighting you

Ades1:



Greetings oga.... Stanbic is about to give 1 bonus for every 6 shares held.... To you it is overpriced, to me it is not, that's why I have been buying.

Like someone don talk before, even if Stanbic drop to N20 today today, you go shift una goal post to N15.

EchoLima262:


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

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

eddyakinrinde:
Elders, pls what does "share price adjustment for dividends" mean and especially in the case of Mansard, and how does it affect shareholders. Please I need an explanation. Thank you

ositadima1:


According to Investopedia:

The adjusted closing price amends a stock's closing price to reflect that stock's value after accounting for any corporate actions. It is often used when examining historical returns or doing a detailed analysis of past performance.

Follow link below for further details:
https://www. investopedia. com/terms/a/adjusted_closing_price.asp

Note: D link has white spaces, remove them while u paste in ur browser.

ositadima1:


Also,

Stock market specialists will mark down the price of a stock on its ex-dividend date by the amount of the dividend. For example, if a stock trades at #50 per share and pays out a #0.25 dividend, the stock will be marked down to open at #49.75 per share.

This link with the caption - How Does the Stock Price Change When a Dividend Is Paid? :

https:// finance.zacks .com/stock-price-change-dividend-paid-3571.html

locodemy:
https://doclib.ngxgroup.com/Financial_NewsDocs/33109_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_1_%20_.pdf



I bought this Transcorp stock at 1.42 above market price hopping to ride on the euphoria but it didn't respond.

With this Q1 result, I will begin to average down in order to move out of losses.should be trading around 90kobo+ in the coming days.

Happy weekend to you all.

PETERiCHY:


LOCO your case is like a man that was bitten by bees who now saw flies and started running...

eddyakinrinde:


So does it mean in effect "you cant eat your cake and have it?" So if I collect dividend, I must pay for it through lowering share price?

currentprice:
which one be LivingTrust Mortgage bank plc ? cant find it on the daily price list

sonofElElyon:
Do you consider this a great buy right now?
Risk is mine of course

yMcy56:

Depends on your appetite and patience ability.
Linkage is a good insurance stock no doubt and the take-aways makes sense.....but apathy towards the sector is kil.lin.g" the good one's vibes....seems it's changing small small and some analysts are predicting better days for the sector.

Ok. Let's look at it this way:
If picked @85kobo and you bought 500k units for instance:

500k units X 0.85 = N425,000
500k X 0.05 = N25,000 (Dividend on 500k units)
2÷5 X 500k = 200,000units (Bonus of 2 for 5)
Total units owned = 700k units.

Let's say you sell @65k after markdown (trying to look at worst case scenario):
700k X 0.65 = N455,000 + N25,000 = N480,000.

N480,000 less N425,000 = N55,000 profit (Assuming fees has been factored into the costs).

** The more the volume, the higher the profit
** Ability to buy cheaper than example price gives more profit.
** Ability to wait it out or average down after markdown an added advantage
** Liquidity ??
** Timeframe in view ??
** So answer your question yourself and do your DD.

sonofElElyon:
Thanks.. I've got some thinking to do

ojeysky:
I hope you bought at less than 35 but at the current price am not sure the dividend and bonus share combined is worth it. Time will tell sha...after markdown..