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Nigerian Stock Exchange Market Pick Alerts - Investment (6472) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:28pm On Sep 06, 2021
locodemy:
Jaiz, courteville and japaul can spring wonders but I will still take a look at Transcorp before them based on numbers, technicals and sentiments/speculations
Mr. Market is just doing it's things.
Jaiz has very good numbers.

Anyway, Currentprice should come and confirm which one..........and it's going to be for the very patient ones, cos the stock might not even respond quick quick.....
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:32pm On Sep 06, 2021
samguru:
I will confirm from one of the staff of First Registrars if the money is ready for distribution
Ok. Thanks.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:40pm On Sep 06, 2021
yMcy56:

I've long posted here that Jaiz have no biz trading @ below 60kobo......
Mr. Market is just doing it's things.
Jaiz has very good numbers.

Anyway, Currentprice should come and confirm which one..........and it's going to be for the very patient ones, cos the stock might not even respond quick quick.....

Jaiz has 29b os plus another 3.5b right issue.Revenue and Profit has been improving from q/q but the profit and eps has not attracted me though good if we check from when the bank is listed.

Courteville has 3.5b os .I believe courteville will do better in price than jaiz if more improvement is seen.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:41pm On Sep 06, 2021
BTW, Honeywell premarket shows over 4.5M units at day's high, 3.99........but was again removed before 9.55am......
Seems someone, some guys are codedly loading it at 3.70.......
Has traded over 23M as at now......

**Just daily observation**
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 12:42pm On Sep 06, 2021
STANBIC

https://doclib.ngxgroup.com/Financial_NewsDocs/34059_STANBIC_IBTC__HOLDINGS_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Haven't gone through it
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 12:49pm On Sep 06, 2021
Raider76:
STANBIC

https://doclib.ngxgroup.com/Financial_NewsDocs/34059_STANBIC_IBTC__HOLDINGS_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Haven't gone through it

My insider info also confirmed
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:54pm On Sep 06, 2021
Raider76:
STANBIC
https://doclib.ngxgroup.com/Financial_NewsDocs/34059_STANBIC_IBTC__HOLDINGS_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf
Haven't gone through it
Result:
Company: Good........but Group declined by 26%......

Nevertheless, a N1 interim dividend was proposed by the Directors.........as against 40kobo in June 2020....
** Hope I'm seeing right........let person wey no dey use Spec, and sabi wella pass me check am for us. grin
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:00pm On Sep 06, 2021
yMcy56:

Result:
Company: Good........but Group declined by 26%......

Nevertheless, a N1 interim dividend was proposed by the Directors.........as against 40kobo in June 2020....
** Hope I'm seeing right........let person wey no dey use Spec, and sabi wella pass me check am for us. grin

You may be right. But not sure it will reach N1.00 since they did a bonus issue increasing the shares on issue.
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 1:03pm On Sep 06, 2021
yMcy56:

Result:
Company: Good........but Group declined by 26%......

Nevertheless, a N1 interim dividend was proposed by the Directors.........as against 40kobo in June 2020....
** Hope I'm seeing right........let person wey no dey use Spec check am for us. grin

Not a good result ooo

Gross earnings dropped significantly

Basic EPS of 419 in 2020 Q2 but now 2021 Q2 has dropped to 192

Stanbic IBTC has no justification to be priced above Access Bank

2 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 1:03pm On Sep 06, 2021
yMcy56:

Result:
Company: Good........but Group declined by 26%......

Nevertheless, a N1 interim dividend was proposed by the Directors.........as against 40kobo in June 2020....
** Hope I'm seeing right........let person wey no dey use Spec, and sabi wella pass me check am for us. grin

N1...
Surprised too..
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:05pm On Sep 06, 2021
Raider76:

You may be right. But not sure it will reach N1.00 since they did a bonus issue increasing the shares on issue.
Check page 3, that's where I posted from.......under "Operating results and dividends".
Ive not check any of the other pages.
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 1:15pm On Sep 06, 2021
yMcy56:

Check page 3, that's where I posted from.......under "Operating results and dividends".
Ive not check any of the other pages.

By the div to be paid in page 3, the div should go up from N0.40 in 2020 to N1.23 in 2021. So yes you are right. Discounting for the bonus issue could bring it to N1.0. Anyway a div of N1.0 is good for me at the moment since I am kind of trapped here.
Re: Nigerian Stock Exchange Market Pick Alerts by Pete002: 1:15pm On Sep 06, 2021
yMcy56:

Let's just hope they mean what they said this time around..........and also believed that First Registrar wont talk otherwise.

Pls if you get any info or payment from that quarter, kindly share.


I hope so too..
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:26pm On Sep 06, 2021
samguru:
Not a good result ooo
Gross earnings dropped significantly
Basic EPS of 419 in 2020 Q2 but now 2021 Q2 has dropped to 192

Stanbic IBTC has no justification to be priced above Access Bank
Depending on the variables you're looking at.
They still tried by paying N1 interim dividend anyway.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:34pm On Sep 06, 2021
STANBIC
Corporate Action..
Interim Dividend: N1.00
Qualification Date: 20th Sept, 2021

https://doclib.ngxgroup.com/Financial_NewsDocs/34060_STANBIC_IBTC__HOLDINGS_PLC%20CORPORATE_ACTIONS_ANNOUNCEM.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 1:40pm On Sep 06, 2021
yMcy56:

Depending on the variables you're looking at.
They still tried by paying N1 interim dividend anyway.

Paying interim dividend to me, is like a bribe to shareholders to hold their stakes.


The result is nothing, but A VERY POOR ONE when you compare the company with the likes of Access,Zenith, FBN etc

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Justcul(m): 2:03pm On Sep 06, 2021
samguru:


Paying interim dividend to me is like a bribe to shareholders to hold their stakes.


The result is nothing, but A VERY POOR ONE when you compare the company with the likes of Access,Zenith, FBN etc

Atleast someone recognises value.

NB. I am accumulating Access and slightly biased here grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 2:22pm On Sep 06, 2021
samguru:


Paying interim dividend to me is like a bribe to shareholders to hold their stakes.


The result is nothing, but A VERY POOR ONE when you compare the company with the likes of Access,Zenith, FBN etc

Stanbic trades at a premium because it is perceived to have a BETTER corporate governance structure.

Eku market ooo

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 2:26pm On Sep 06, 2021
UCAP is gradually moving unnoticed.

The share price may hit #10 before October 31st

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 2:34pm On Sep 06, 2021
Mercy,

why are you shielding STANBIC IBTC from punishment? is it because STANBIC IBTC is one of treasured stocks. cheesy

I could remember when FBN churned out bad results then, you were among those that said we should kill the useless elephant. grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:43pm On Sep 06, 2021
wanaj0:
Stanbic trades at a premium because it is perceived to have a BETTER corporate governance structure.

Eku market ooo
..........and also have significant foreign participation......in terms of shareholding. tongue

E Ku market sir. smiley
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 2:48pm On Sep 06, 2021
samguru:
Mercy,
why are you shielding STANBIC IBTC from punishment? is it because STANBIC IBTC is one of treasured stocks. cheesy

I could remember when FBN churned out bad results then, you were among those that said we should kill the useless elephant. grin
LoL. Abeg make Una no punish Stanbic o........that stock fit cause kasala if punished. Make Una allow am dey move up jejely. grin
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 4:16pm On Sep 06, 2021
samguru:


From the insiders

Access bank was good with interim dividend
UBA good with interim
Zenith bank average with Interim dividend
GTCO not to good
Stanbic IBTC below average
Fidelity Bank good


grin grin grin grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 5:41pm On Sep 06, 2021
Willie2015:


N1...
Surprised too..


Can anybody confirm if this N1 dividend is pre split or after?


Either way, N1 interim is a HUGE increase(150%+) from last year. Hopefully this will not bite off the full year payment.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:41pm On Sep 06, 2021
yMcy56:
UNION DIAGNOSTICS
Hope for shareholders at last?

https://doclib.ngxgroup.com/Financial_NewsDocs/34057_UNION_DIAGNOSTIC_AND_CLINICAL_SERVICES_PLC%20NOTICE_OF_D.pdf

Cc: @Samguru .......and other shell holders..... tongue
Anyone with update should pls share here.....

This company don't respect shareholders.

I thought FBNREG is supposed to automate the payment after shareholders verification.

All shareholders (other than Lifecare Partners Limited, Akinniyi Ambrose Olusola and Akinniyi Elizabeth Abimbola) are enjoined to contact the Registrars for their payoff warrants.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 6:10pm On Sep 06, 2021
NGX Hints at Change in Securities Trading Patterns
https://businesspost.ng/economy/ngx-hints-at-change-in-securities-trading-patterns/

Stanbic IBTC Raises Interim Dividend to N1 Amid 50% Drop in Profit
https://businesspost.ng/economy/stanbic-ibtc-raises-interim-dividend-to-n1-amid-50-drop-in-profit/

High Business Costs, Others Will Further Mount Pressure on Nigeria’s Telecom Industry—Report
https://businesspost.ng/technology/high-business-costs-others-will-further-mount-pressure-on-nigerias-telecom-industry-report/

Union Bank, Sterling Bank Give NIRSAL N232m for Poultry, Cocoa
https://businesspost.ng/banking/union-bank-sterling-bank-give-nirsal-n232m-for-poultry-cocoa/

NASD Investors Lose N1.3bn in 35th Trading Week
https://businesspost.ng/economy/nasd-investors-lose-n1-3bn-in-35th-trading-week/

Window Opens for Retail Investors to Buy September FGN Savings Bond
https://businesspost.ng/economy/window-opens-for-retail-investors-to-buy-september-fgn-savings-bond/

Dangote to Employ Additional 17,000 for Refinery Project
https://businesspost.ng/jobs/dangote-to-employ-additional-17000-for-refinery-project/
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 6:14pm On Sep 06, 2021
OBAGADAFFI:


This company don't respect shareholders.

I thought FBNREG is supposed to automate the payment after shareholders verification.

All shareholders (other than Lifecare Partners Limited, Akinniyi Ambrose Olusola and Akinniyi Elizabeth Abimbola) are enjoined to contact the Registrars for their payoff warrants.

After I went to first Registrar for verification early this year?
Pathetic bunch, Last Registrar and Union Diagnostics.
This can only happen in a lawless society.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:34pm On Sep 06, 2021
faoogoke:


After I went to first Registrar for verification early this year?
Pathetic bunch, Last Registrar and Union Diagnostics.
This can only happen in a lawless society.

So lawless.

Imagine telling shareholders to contact.... for payoff warrants. When they should be crediting the shareholders on their register .
Re: Nigerian Stock Exchange Market Pick Alerts by Elsueno: 10:44pm On Sep 06, 2021
I like jaiz, will load more if it gets to about 55k

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:35am On Sep 07, 2021
Cliff ahead.

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:35am On Sep 07, 2021
Meshpips, where are you?

grin grin grin

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by IamR: 8:46am On Sep 07, 2021
RabbiDoracle:
Cliff ahead.
Welcome back sir

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