gbengafaro1986:
https://doclib.ngxgroup.com/Financial_NewsDocs/35207_DANGOTE_SUGAR_REFINERY_PLC%20_AUDITED_FINANCIAL_STATEMEN.pdf
Dang Sugar is out guys...N1 div

Make Una dey manage those Dividends like that, country hard.

Last year, it was mentioned that investors will appreciate UCAP'S/APR's dividends by the time the big ones started releasing their results.....,.they were selling at circa N5/6 that time.
Well, UCAP eventually delivered anyway. The stock tried.

Wait till Guinness will release result and pay around 50/60k...........and will stiil not chop much beating, na then you go know say this market no balance.

Feb 23, 2021 post:

Mcy56:
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also.......
Na crime to declare dividend ni?
........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially)....

Wheat is so high that people will be ditching bread, spaghetti and eating cassava.

World hunger is here.

Biafran4life:
This market can be irrational. Pz declared #.25 @#7.00 and APR declared #.50 @#7 plus and is receiving bashing.That means Apr tried oh

That's Mr. Market for us.......
Nascon paid 40k or so last year and received little or no beating, just shed N1 or so, then stabilized back @ circa 13.......later jumped back to 14......
APR paid 50k, and they sent it back to below 6.......

If to say Zenith didn't pay up to 2.70 paid last year ni, you for see how Mr. Market go deal with am.....

Well, I'm of the opinion that anyone seated in sound stocks should just manage Wetin the stock bring like that....
Mr. Market has a mind of its own.....some may not even be punished like that.
May also depend on general situation of market as well.

NGXGROUP AUDITED Q4 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/35208_NIGERIAN_EXCHANGE_GROUP_PLC%20_AUDITED_FINANCIAL_STATEME.pdf

MTNN
First Coy to buy land in Metaverse.....
Dem they buy land in space now?
Wonders of this century.....
https://nairametrics.com/2022/02/28/mtn-becomes-first-african-company-to-make-metaverse-investment/

NSE ASI INCREASES AMIDST SELL OFF on 1ST MARCH, 2022.....
https://nairametrics.com/2022/03/02/bullish-movement-in-the-broad-market-as-equity-cap-increases-by-n47-billion/

GUINNESS? 50K?? EWWWHEEYY!! Calm down na ...they cant deliver 1.50?

Mcy56:

Make Una dey manage those Dividends like that, country hard.

Last year, it was mentioned that investors will appreciate UCAP'S/APR's dividends by the time the big ones started releasing their results.....,.they were selling at circa N5/6 that time.
Well, UCAP eventually delivered anyway. The stock tried.

Wait till Guinness will release result and pay around 50/60k...........and will stiil not chop much beating, na then you go know say this market no balance.

Feb 23, 2021 post:

Oil did $110 today despite the US intervention by release of 60million barrels to increase supply. There are fears of even higher oil prices. Its clear that the major beneficiaries to the increase in prices of crude oil are the upstream players. On the NSE, the only clear player in this sector appears to be Seplat ( as for Transcorp, its still debated). I Deliberately do not want to mention Oando because the managers are so trick and might have even stripped the company of the upstream asset without our knowledge.
But Seplat's price is now clearly out of reach even as there appears to be virtually no supply.
Totalenergies Nigeria Plc as quoted on the NSE has no Upstream asset.
The arm of Conoil that owns and profits from its upstream oil asset is different from the one that is quoted on the NSE.

Much of what we are left with on the NSE are just "fuel stations that also sell Engine oil, brake fluid etc"
On a good day, we ought to benefit from this oil boom, if not by any means, but atleast through the general impact on the Economy that largely depends on the oil sector. But our "integrity government" says we should forget it- we no go see anything. They only promise us the worse as oil prices increase.
It is very clear that oil prices will rise to heights unexpected .
The question now is where do we look to profit from this oil boom that is just starting?

;

Biafran4life:
Some of this companies self. You declar result in Feb while qualification date will be may and payment June.That is like half of the year gone

Money no dey... my brother
if its possible some go even postpone their own
to next year

Willie2015:
;

Money no dey... my brother
if its possible some go even postpone their own
to next year

lwkd

Willie2015:
;

Money no dey... my brother
if its possible some go even postpone their own
to next year

That is why i like banking and financial stocks

Willie2015:
;

Money no dey... my brother
if its possible some go even postpone their own
to next year

I don't understand. U declared profit, declared divident from d profit ,and delayed payment because of availability of money??

Krisuba:



I don't understand. U declared profit, declared divident from d profit ,and delayed payment because of availability of money??

Not all profits are backed with cash

Krisuba:



I don't understand. U declared profit, declared divident from d profit ,and delayed payment because of availability of money??

Dividend is never my target unless I am trapped.

If you must invest for dividend, check those stocks with good dividend history at least 5 yrs is okay.

My 2022 dividend is already collected in capital appreciation.No need for it again.

see market reaction..ppl dey vex gan o

https://doclib.ngxgroup.com/Financial_NewsDocs/35209_CHAMPION_BREW_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2.pdf

gbengafaro1986:
see market reaction..ppl dey vex gan o

Dem go calm after dem don vex finish....
Make dem go vex for Buhari and APC wey dey for power nah .....

I even thought bashing for don full here ..........

Anyone wey rush give them his/her UCAP, na OYO you dey ooo.

https://doclib.ngxgroup.com/Financial_NewsDocs/35209_CHAMPION_BREW_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2.pdf

OIL SURGES PAST $110 PER BARREL
https://nairametrics.com/2022/03/02/oil-surges-past-110-a-barrel-as-traders-ignore-russias-crude/

TRANSCORP that went as low as1.05 before is back to 1.13......

Seems some guys are playing games with UCAP........how come this stock just dey answer for the 'sin' of others self....
They're hiding under the dumping to beat down the share price........or maybe they're crossing it sha.

Mcy56:
OIL SURGES PAST $110 PER BARREL
https://nairametrics.com/2022/03/02/oil-surges-past-110-a-barrel-as-traders-ignore-russias-crude/

TRANSCORP that went as low as1.05 before is back to 1.13......

Seems some guys are playing games with UCAP........how come this stock just dey answer for the 'sin' of others self....
They're hiding under the dumping to beat down the share price........oraybe they're crossing it sha.

Hmmm this market no need stress ooo.
You are too emotional on this market.
Me wey be day trader no worry the way you do self.

As long as this market is dominated by day traders/Jijoists, no expect serial rally
Transcorp at 1.05 was a fantastic one for me today

RabbiDoracle:
Wheat is so high that people will be ditching bread, spaghetti and eating cassava.

World hunger is here.

Russia is a major exporter of wheat and with the ongoing sanctions placed on Russia it is evident that the price of wheat will go up.

locodemy:
Hmmm this market no need stress ooo.
You are too emotional on this market.
Me wey be day trader no worry the way you do self.

As long as this market is dominated by day traders/Jijoists, no expect serial rally
Transcorp at 1.05 was a fantastic one for me today

Just saying it as it's observed bro...
What will I be emotional about?
What's happening for now in the market is normal nah.......it can only become abnormal if it persists.....

That UCAP na number one on my watchlist for now o, either I'm in the market or not....

Mcy56:

To be honest, if it's me, UCAP is a buy @CP..
Touched 13.50 not long ago....
You can buy and plan to buy more if at all it goes down more........depending on your pocket.

I jumped out of Wapco yesterday and joined ucap this morning at 13.05. My one year sojourn in Wapco was uneventful (no gains, just wasted year). Hoping for the best this time around.

God bless and reward you bountifully for the selfless job you do on nsempa. Thank you.

gbengafaro1986:
GUINNESS? 50K?? EWWWHEEYY!! Calm down na ...they cant deliver 1.50?

Guinness is just returning to profitability after series of losses....
They paid 0.46k in the last financial year if I could still recollect very well........and the market responded well to it because investors understood the plight of that sector.........
If there should be an improvement to what was paid last year, it will still be a welcomed development to Guinness and brewery sector in general............more reason we can't see bashing in the price of NB......cos there was improvement.
Besides, the parent companies are serving as backbone for them.

RabbiDoracle:
Wheat is so high that people will be ditching bread, spaghetti and eating cassava.

World hunger is here.

Not when there is okpa.. It is a better substitute for bread/spaghetti and a healthier and cheaper breakfast for those who sabi road.

Mcy56:
OIL SURGES PAST $110 PER BARREL
https://nairametrics.com/2022/03/02/oil-surges-past-110-a-barrel-as-traders-ignore-russias-crude/

TRANSCORP that went as low as1.05 before is back to 1.13......

Seems some guys are playing games with UCAP........how come this stock just dey answer for the 'sin' of others self....
They're hiding under the dumping to beat down the share price........or maybe they're crossing it sha.

Even Ardova. How does oil price rise affect the Stock market in general and are there some companies that would be affected directly from this whether negatively or positively?

Mpeace:
Oil did $110 today despite the US intervention by release of 60million barrels to increase supply. There are fears of even higher oil prices. Its clear that the major beneficiaries to the increase in prices of crude oil are the upstream players. On the NSE, the only clear player in this sector appears to be Seplat ( as for Transcorp, its still debated). I Deliberately do not want to mention Oando because the managers are so trick and might have even stripped the company of the upstream asset without our knowledge.
But Seplat's price is now clearly out of reach even as there appears to be virtually no supply.
Totalenergies Nigeria Plc as quoted on the NSE has no Upstream asset.
The arm of Conoil that owns and profits from its upstream oil asset is different from the one that is quoted on the NSE.

Much of what we are left with on the NSE are just "fuel stations that also sell Engine oil, brake fluid etc"
On a good day, we ought to benefit from this oil boom, if not by any means, but atleast through the general impact on the Economy that largely depends on the oil sector. But our "integrity government" says we should forget it- we no go see anything. They only promise us the worse as oil prices increase.
It is very clear that oil prices will rise to heights unexpected .
The question now is where do we look to profit from this oil boom that is just starting?

I am beginning to feel this government has no direction at all. Is blco not a hot cake in the market......I just tire.

YourhealthNG2:

I jumped out of Wapco yesterday and joined ucap this morning at 13.05. My one year sojourn in Wapco was uneventful (no gains, just wasted year). Hoping for the best this time around.

God bless and reward you bountifully for the selfless job you do on nsempa. Thank you.

Amen.
I sincerely wish you all the best.

Sorry for the Wapco issue, you must have entered when it peaked.
Was stagnant @N9/11 for so long before it eventually moved that time, even touched N8 something........some lost patience and sold.........before it eventually moved.
More reason entry price' is key and it's good to carry out DD before buying.

WAPCO is still good..........only that timing is one of the key factor.
I also want to believe it wasn't totally a 'wasted year' because N1.00 dividends were declared twice in the process........if you didn't receive it, try and contact their Registrar.

Seplat movin up to N1034...
Picked my final units @ 990 2day
Km N1200..
here we come...
Watching in 3D...

Thanks.

Mcy56:

APR corporate action is here:
Final Div: 0.50k
Qualification Date: March 11, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35206_AFRICA_PRUDENTIAL_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_CO.pdf

Phlinx:
Even Ardova. How does oil price rise affect the Stock market in general and are there some companies that would be affected directly from this whether negatively or positively?

Na the book wey I no come sabi be this ooo.
Bookworms in the house, abeg come enlighten us o.

In the meantime, you can read this, it will give an insight into it.
https://nairametrics.com/2022/03/02/russia-ukraine-invasion-nigerian-stocks-set-to-gain-due-to-high-oil-prices/

Also this:
https://nairametrics.com/2022/03/02/global-oil-prices-soar-above-100-heres-what-it-means-to-you-agunbiade/

Mcy56:
OIL SURGES PAST $110 PER BARREL
https://nairametrics.com/2022/03/02/oil-surges-past-110-a-barrel-as-traders-ignore-russias-crude/

TRANSCORP that went as low as1.05 before is back to 1.13......

Seems some guys are playing games with UCAP........how come this stock just dey answer for the 'sin' of others self....
They're hiding under the dumping to beat down the share price........or maybe they're crossing it sha.

Weldone for the selfless updates Madam Mercy.
I was expecting this too based on historical trends. Anyone buying UCAP/AFRIPRUD after release of FY financial reports might be buying at a wrong time. It always obey the saying that "the good result has been factored into its current price AT release of reports". In my opinion, the best way to position for dividends in these stocks is to buy when there is low activity in the market during the year (maybe June-Spetember), OR if buying for trades/shorts, one should buy about two months before release of Financials (based on speculation that it will rise before release and still rise when some people start rushing to buy with the hope of juicy dividends).

Capitas7:


Nice approach! I am not sure if this trend still holds for UCAP, but I have noticed that the price action after announcement of FY report makes it difficult to buy for shorts or even for increasing one's position profitably. If one is unable to join the wagon before announcement, it is usually not worth it. And in the past, based on what I observed, it took some time after markdown before it's price went low to reasonable (for current shareholders) pre-announcement level.

NB: This is just an observation. I might re-invest my dividend in the same UCAP if I don't find another stock with potentials of growth like UCAP. Current price though .

The summary is that an investor who bought at N9 in H2 last year and enjoys the capital appreciation plus apprx 15% div yield and a trader who bought UCAP two months ago at about N10-N11 to sell at N14 a few days after release of Financials would both make more profit than an "investor" or a "sharp guy" who buys at N13-N14 after release of Financials for the hope of enjoying the juicy dividends and then selling shortly after payment.

Cutix bonus and NPF right issue have been credited

NASCON
Final dividend: 0.40k
Qualification Date: 5th May, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35210_NASCON_ALLIED_INDUSTRIES_PLC%20CORPORATE_ANNOUNCEMENT_CO.pdf