gold360:
Happy Sunday all, pls when will UBA and zenith banks pay dividends to their shareholders.?
Thank you

Payment Dates:
UBA -. 27th April 2023
ZENITH -. 2nd May 2023

You can as well visit @YMcy56 page or Posts, thanks to her she's been helping with Dividends Qualification and Payment Dates.

Please Boss @Currentprice what do you have as Fair price for Dangote Sugar?
Thank u for all of you and everyone else's contributions.

Cc Oga @Emmanuelewumi

currentprice:
now people are looking at Dangote Sugar without taken action at CP

fv of Ds is something else back up with full of oxygen

okay o sooner or later DS go begin making sense

emmanuelewumi:


Controlling shareholder can't have everything to themselves , all the other shareholders with 5% shareholdings and above are usually sorted out


When Coscharis was on the board of Access Bank all their official cars and those customers bought through auto loan were sold by Coscharis Motors.

True. Only that in Tony's companies no other shareholder owns above 5% except him so he is Alpha in all his companies. Do people realize that the Falcon 7X private jet TOE uses everywhere is actually owned and paid for by UBA? Why is a non-executive chairman of a bank using a bank-owned jet for non–bank business? Corporate governance and shareholder activism has a long way to go in Nigeria.

Lion123:


True. Only that in Tony's companies no other shareholder owns above 5% except him so he is Alpha in all his companies. Do people realize that the Falcon 9X private jet TOE uses everywhere is actually owned and paid for by UBA? Why is a non-executive chairman of a bank using a bank-owned jet for non–bank business? Corporate governance and shareholder activism has a long way to go in Nigeria.

Shareholders holdings represented by Stanbic IBTC Nominees is the biggest on NGX, I can't understand why they can't get proxies from the shareholders they represent to challenge some of the anomalies in corporate Nigeria

emmanuelewumi:



Shareholders holdings represented by Stanbic IBTC Nominees is the biggest on NGX, I can't understand why they can't get proxies from the shareholders they represent to challenge some of the anomalies in corporate Nigeria

The people they represent are part of the rot

Agbalowomeri:


The people they reprresent are part of the rot

They represent some of the institutional investors, foreign investors and other High Networth Investors.


See how Tony used his influence in UBA, to buy some of the shareholders shares that were under UBA Nominees account.

emmanuelewumi:



Shareholders holdings represented by Stanbic IBTC Nominees is the biggest on NGX, I can't understand why they can't get proxies from the shareholders they represent to challenge some of the anomalies in corporate Nigeria

Interesting discussions.

There is still money to be made in the NSE as is. The last time I looked at FPI holdings there was a marginal increase in UBA holdings last year.

Pray some challenges rise up and be successful in increasing shareholder value and that these fat cats will also on their own heed the voice of wisdom and create more shareholder value.

If you want to understand that shareholders activism and corporate governance is actually a joke in Nigeria, make out time to attend even one AGM. If you still don't understand, then something don spoil.

We host Mr Abdullateef Grillo (Investment research associate, Meristem Nigeria) on the podcast this week as we talks about the listed Telecommunication companies in Nigeria.

We discuss the rise of data, Starlinks, mobile money, funding mix for MTNN and the meteoric rise in price of Airtel Africa.

We hope you enjoy the conversation as much as we did.

https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy80ZWI5NzRjNC9wb2RjYXN0L3Jzcw/episode/MDllODEyNjEtOWI5Yy00NTQ5LTljYTQtYjM5ZmNhZjc1ZmQ4?ep=14

Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

locodemy:
Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

🌚

Lion123:


True. Only that in Tony's companies no other shareholder owns above 5% except him so he is Alpha in all his companies. Do people realize that the Falcon 7X private jet TOE uses everywhere is actually owned and paid for by UBA? Why is a non-executive chairman of a bank using a bank-owned jet for non–bank business? Corporate governance and shareholder activism has a long way to go in Nigeria.

Really?

locodemy:
Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

What about chams AFS 2022 results?

Mfunkynation:

What about chams AFS 2022 results?

Chams AFS 2022.Not good Nah......This more reason it traded down to 22kobo.

https://doclib.ngxgroup.com/Financial_NewsDocs/38108_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2022_FINANCIAL_STATEMENTS_APRIL_2023.pdf

Lion123:


True. Only that in Tony's companies no other shareholder owns above 5% except him so he is Alpha in all his companies. Do people realize that the Falcon 7X private jet TOE uses everywhere is actually owned and paid for by UBA? Why is a non-executive chairman of a bank using a bank-owned jet for non–bank business? Corporate governance and shareholder activism has a long way to go in Nigeria.

What of the STB side?
They ought to get >5% in UBA.

yeddy99:

What of the STB side?
They ought to get >5% in UBA.

Shareholders of the defunct STB were offered shares in UBA

I think STB had about 40,000 shareholders

emmanuelewumi:




Shareholders of the defunct STB were offered shares in UBA

I think STB had about 40,000 shareholders

Thanks for your response.
But I was talking about the main man in STB. The promoter.

Loco look well oooh,before them cham you.

naturalflow:
Loco look well oooh,before them cham you.

With this Q1 result, chams is not even a 40kobo stock unless they cooked the result but it's not cooked.

locodemy:


With this Q1 result, chams is not even a 40kobo stock unless they cooked the result but it's not cooked.

Dem use penny stock swear for you ni

@locodemy, Thanks, I am loading more cham.

locodemy:
Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

Agbalowomeri:


Dem use penny stock swear for you ni

Yes,my area of concentration in the stock market.

Agbalowomeri:


Dem use penny stock swear for you ni

That is the place to make good money for a moderate portfolio size and also the place to lose it all and maybe declare bankruptcy

emmanuelewumi:



That is the place to make good money for a moderate portfolio size and also the place to lose it all and maybe declare bankruptcy

For blind traders.Almost all I have done in this life came through kobo kobo stocks.The worst they can do is to get you trapped for a long time if you miscalculate your trading.
Kobo stock is easy 100%/above

Agbalowomeri:


Dem use penny stock swear for you ni

But that's one place to make a lot of money. A lot of people tend to ignore it. Locodemy thank you. We load some tomorrow niyen

MANSARD
Oga Pluto09 Mansard don land o....
Over +240% PAT in Q1!!

I dey wait for your counter (tumbum tumbum) analysis again....

https://doclib.ngxgroup.com/Financial_NewsDocs/38453_AXA_MANSARD_INSURANCE_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

** Whosoever picked Mansard@1.50, has picked it at N1.14 as at today (1.50 - 0.36)
** With Price appreciation of 100%+ ........if left for long term, then the cost price will automatically fall below N1.00!!!
*Hhmm, there's value for some long termers in good stocks really* Just thinking out loud.

Ginalex:
But that's one place to make a lot of money. A lot of people tend to ignore it. Locodemy thank you. We load some tomorrow niyen

But chams won't be available on the floor tomorrow unless you put in your trades at market price which is 10℅ upfront

onegentleguy:
Though it may not deliver a similar ROI margin, CHAMS can well be the next COURTVILLE.
I look at the coys last 3 FP, and I see VALUE.
Reward is well ahead of the combination of risk and current mkt price (even @ >>10% premium to it)

...already highlighted this before now.
There are quite some positive to make out from the coys financial print.

CAVEAT: Due diligence still applies as always.

Selah

The above post was put out when CHAMS was trading @ 20k, but many didn't see any value in it.
Someone even inferred that the coy was not worthy of any consideration... while a few others were even proposing to dispose of their holding @ less than 20k.

Now everyone is talking about CHAMS.
I've received a handful of mails and messages from folks on the very same coy.

Wonder why they didn't align/take position before now.
Apparently, they couldn't see the good in the (sometimes seemingly) bad financial print from the company at the time.
A case in point was the coys H1, 2022 and YE, 2022 report. I laugh when some persons tagged them a drawback to growth.

They'll probably keep waiting until the stock gains another 40-65% above current price level, then they'll rush in!

That's also how some folks will wait until INTERBREW pushes up by 2-3x in price. Maybe they'll begin to see the value in it then.
Over time, some fellows will like INTERBREW @ N15 and above and even begin to praise it.
Then we shall sell to them and look for the next coy "they'll probably hate".

Some fellows probably don't know that when it comes to digging for VALUE accrued coys, fundamental analysis has gone beyond the traditional ways of making permutations.

Well, that man Mr TIME, has a way of setting matters straight and putting them in their right perspective.

It is well

onegentleguy:
There has been a reoccurance of mergers/aquisation or takeover/buyout and follow-up delisting of some quoted companies on the NSE bourse.

Over the yrs, the likes of NBC, BAGCO, IHS, CAPPA & D'ALBERTO, OASIS INSURANCE, CRUSADER INSURANCE, 7-UP, ASHAKA CEMENT, AVON CROWN CAPS, DIAMOND BANK, NEWREST ASL, DANGOTE FLOUR, CONTINENTAL RE, 1ST ALUMINIUM and most recently AG LEVENTIS to mention just a few, have either undergone a merger, aquisation or takeover/buyout. ...with the last 6 all brokered in less than a year !!
However, I think we might see a few more in the not-so-distant future.

Given the current position of their financial print(balance sheet position in view) in relation to their present equity prices, the following coys could be future candidates for a merger, aquisation or take over/buy out:

NEIMETH PHARMACEUTICALS, CHAMS, FO, GLAXOSMITHKLINE NIG, COURTVILLE, TRANEX(trans-nationwide express), UNIONDAC, PZ and BERGER PAINTS PLC.

Why?

1st off, is to ascertain if there are doubts surrounding the survival of these companies, so one doesn't lose their money taking(early) positions in them. And next, is to look in on their current earnings capacity, then gauge its relative sustainability over time.

On that line, keeping a tag on their OHLSONS O-SCORE(a key financial tool used to forecast if a company could go bankrupt), I see them remaining as a going concern. ...which makes them attractive candidates for 'external forces'(investors) who could bid to take them on at a cheap and turn them around.

...and using the EPP (earnings persistence approach: a valuation technique used to predict how often the earnings return of a coy will likely continue to reoccur over time after raking-off risk), I see a higher probability that any take over/buy out (should they occur) will be priced @ great premiums to their current market prices.
With some, at potential premiums of near 105% ROI !!

I particularly like the 1st 5.

On a side note, a few coys in the financial services sector, particularly the INSURANCE segment 'could also be up for grabs'... so watch that space !!

CAVEAT: This piece is only intended to look at quoted coys with chances of a merger, aquisation or takeover/buy out.
...it is NO licence to any sought of recommendation !!

My advise: Always do well to follow ur instinct.

Still recall the post above?

With the exception of FO, virtually all 8 coys on the list was trading at a fine/great discount from their current mkt prices at the time. (i.e Neimeth @ 38-41k, PZ @ N4+, Courtville @ 20k, Chams @ 20k, BERGER PAINTS @ N5+)
Look at their prices today. The likes of NEIMETH delivered over 600% ROI before pullback, PZ has already returned over 200%, some, btw 2-3x while a few others near 2x.
A few more will deliver.
We are monitoring them.

GSK is the only coy I'd say has traded flat since then.

As I said in some of my follow up post, FO is the only coy I wouldn't buy and hold following that analysis. (given the mkt price then)
There were a few things I didn't like in their report. (highlighted them here then)

But as expected, many folks attached less importance to the post. Perhaps they didn't see any potential value in those names then.

Well, 3 of the coys (UNIONDAC, CORTVILLE and FO) have already come to fulfilment.
Who knows, maybe another 2-3 from that list will follow in the short to mid-term.

Our duty is to align early, so we can tap from any and all potential return when the time is right.

Selah

locodemy:
Good one from chams.Mercy Japaul and chams delivered as expected.100 - 200% move in near term

https://doclib.ngxgroup.com/Financial_NewsDocs/38448_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

Good one from Chams.......

We hope Mr. Market respond well to the result.
......but that's not even the main I'm looking out for for now........the real catalyst.....looking forward to it.

Btw: Well done to Oga OGG too.

@Loco I'm not talking about Census.

yMcy56:

Good one from Chams.......

We hope Mr. Market respond well to the result.
......but that's not even the main I'm looking out for for now........the real catalyst.....looking forward to it.

Btw: Well done to Oga OGG too.

You want them to participate in the census?
No contract awarded to them.
But CBN policy is good to them the fintech firms.