What's happening with ARDOVA, alot of transactions today...#16.80, are they buying because of #1.08?

Coolcash1:


Oh, my bad! I thought it was Japaul you were referring to with the guy. I don’t have courtville but Japaul.

On my promise, you know me already nah mercy. I am a talk and do person. You can confirm this. Trust me, I will definitely reach out to you by then…

I remember looking at Japaul it might be too late to jump in or maybe not that share price is well worth 5 naira down the line

FIRST BANK
The Ogas are crossing today again....
Think anyone in FBNH that buys cheaper and sell now will have to re-enter higher...

Coolcash1:
Oh, my bad! I thought it was Japaul you were referring to with the guy. I don’t have courtville but Japaul.

On my promise, you know me already nah mercy. I am a talk and do person. You can confirm this. Trust me, I will definitely reach out to you by then…

Very true. Thanks.

He was referring to Courtville not JAPAUL.
JAPAUL will enter N1+

Mcy56:
FIRST BANK
The Ogas are crossing today again....
Think anyone in FBNH that buys cheaper and sell now will have to re-enter higher...

still with my FBNH of #3+ to #5...waiting for the day of #2+ dividend payments

Thanks for sharing

Mcy56:
FIRST BANK
The Ogas are crossing today again....
Think anyone in FBNH that buys cheaper and sell now will have to re-enter higher...

customstreet:


Thank you my brother
Dividend are usually from the reserves
I attached this document to buttress my point
Have a nice day

Both of you are correct depending on the question in particular being answered.

Dividends can be paid from current earnings and/or revenue reserves (carried forward from previous periods).

Another name for Retained Earnings is Revenue Reserves, distributable as dividends. Na turenchi.

What is the price projection for FBNH by the end of the month guy's?

reucom:
What is the price projection for FBNH by the end of the month guy's?

You wan gamble your hard earned money?

customstreet:


Thank you my brother
Dividend are usually from the reserves
I attached this document to buttress my point
Have a nice day

Companies with good current financial performance will pay dividends from their current earnings.


I am sure you will love to invest in a company with a growing retained earning.

About 3 years ago in order to maintain the dividend paid the previous year, Nestle paid dividends from the retained earnings. The dividend declared was higher than the earnings for the year

Not possible to build long term wealth from a company that consistently paid dividends from its retained earnings. At the end of the day the retained earnings will be depleted.

Frangel:


Both of you are correct depending on the question in particular being answered.

Dividends can be paid from current earnings and/or revenue reserves (carried forward from previous periods).

Another name for Retained Earnings is Revenue Reserves, distributable as dividends. Na turenchi.

This revenue reserve is cumulative, built over the years.

Investors will love to see growth of the retained earnings.

If dividend paid is higher than current earnings, there should be a cause for alarm if it becomes a regular occurrence

OANDO, CUTIX, IB and Caverton do something na

emmanuelewumi:




This revenue reserve is cumulative, built over the years.

Investors will love to see growth of the retained earnings.

If dividend paid is higher than current earnings, there should be a cause for alarm if it becomes a regular occurrence

I agree with you. Rational investors would.

megawealth01:
OANDO, CUTIX and Caverton do something na

Oando kwa. Run oh

Mpeace:
Oando lwa. Run oh

Yours truly is heavily loaded on it @#5.72

please house what is the position with AIICO Insurance abeg. the stock just the treck 3 forword, 2 step back

Hello house, which application would you recommend for someone who intend buying a Nigerian stock for a newbie.

Any advice for FIDSON?

yMcy56:

- Download the Form, just a page or two.
- Fill it
- Then scan it in JPEG form (not pdf) and send back to Morgan via email...
- ..and attach the required documents.

* Scanning into JPEG will make the job easier and quicker for them to process within few days.

Sorry for disturbing you ma

Please is there any I can use to edit the PDF and add the passport image. I am really finding it difficult to edit the PDF

Thanks for always answering and assisting
I really appreciate

Mcy56:

Very true. Thanks.

He was referring to Courtville not JAPAUL.
JAPAUL will enter N1+

What of access ma?
Still good to hold?

Ajibade123:

Sorry for disturbing you ma

Please is there any I can use to edit the PDF and add the passport image. I am really finding it difficult to edit the PDF

Thanks for always answering and assisting
I really appreciate

You can do that when you scan the document in JPEG format.

Good evening,

Please I need recommendation of others apart from United Capital and Morgan that uses Itrade live trading and reliable.

Thanks
Julius

reucom:
Thanks for sharing

I've seen quite some posts from you on First Bank.
They've mentioned averaging down to you, if you're bouyant, you could have buy more to average down your cost price so you can enjoy the price rally.

Think this would help you much more, and seems like the best bet.......because if you sell now, you'll still sell at loss considering your purchase price, which was N30.....

As you can see, FBNH is moving up against all obstacles. It was discussed extensively here sometimes ago.
You've kept it for so long, the best thing is to just leave it, concentrate on other ones and average down if it's in your power to do so.
My humble opinion.

Ajibade123:
Sorry for disturbing you ma

Please is there any I can use to edit the PDF and add the passport image. I am really finding it difficult to edit the PDF

I missed out "print it" in my response to you...

- Download the Form, print it out, fill the printed copy with pen and scan it back in JPEG.
- When you want to scan, place your passport in the passport column, it would be scanned together with the form.
- After scanning, name the file and upload (attach it) in your email reply to Morgan, attach other required docs as well, then
- Send.

SmartMoneyGuy:
Good evening,

Please I need recommendation of others apart from United Capital and Morgan that uses Itrade live trading and reliable.

Thanks
Julius

Join investment one stockbrokers.

You can have access through the web or app.

click the link on my signature to open an account for free.

Ajibade123:
What of access ma?
Still good to hold?

Continue to hold your ACCESS sir.

megawealth01:
OANDO, CUTIX, IB and Caverton do something na

🤔

spanzed:
Hello house, which application would you recommend for someone who intend buying a Nigerian stock for a newbie.

Open a stock/cscs account with investment one stockbrokers and we guide you on how to navigate base on your investment objectives.


Some folks here who are on board can testify. They came in as novices but are better off now.

click the account opening link on my signature to start the process.

The account opening is free and after that, you can start investing with any amount you have.

Thanks for following me in this FBNH matter.
I intend to sell after all these years to be honest but all I'm trying to do is to keep a tab on the situation of the market so I know when it is safe to sell.
The last thing I want is for the bloody stock to start going backwards again if you know what I mean.
I do appreciate your advice and thanks to you all.

Mcy56:

I've seen quite some posts from you on First Bank.
They've mentioned averaging down to you, if you're bouyant, you could have buy more to average down your cost price so you can enjoy the price rally.

Think this would help you much more, and seems like the best bet.......because if you sell now, you'll still sell at loss considering your purchase price, which was N30.....

As you can see, FBNH is moving up against all obstacles. It was discussed extensively here sometimes ago.
You've kept it for so long, the best thing is to just leave it, concentrate on other ones and average down if it's in your power to do so.
My humble opinion.

essentialone:
Urgent advice needed on FIDSON
Sell off now before QD or Hold for the dividend.
Will I get trapped in it?

These our ogas will not respond to this type of question o.
If you buy below 10, you can collect your dividend and sell thereafter.
Though I'm not following FIDSON and don't know the sentiment driving the share price up.....it's just an opinion.

reucom:
Thanks for following me in this FBNH matter.
I intend to sell after all these years to be honest but all I'm trying to do is to keep a tab on the situation of the market so I know when it is safe to sell.
The last thing I want is for the bloody stock to start going backwards again if you know what I mean.
I do appreciate your advice and thanks to you all.

If you're not in urgent need of the money, then you can just leave it.....and buy more to average down the cost price should it pullback again.

- First Bank was coming from N3 and as at today, it's trading above N18!
- Meaning something positive must have been happening there and the stock is on right path.
- Dividend is increasing gradually after coming out of the wood, revenue is increasing, billionaires interests are on the increase. More good things seems to be happening there.

My area of concern is mostly in you not selling it at loss, then regret the action......if you MUST sell however, make sure you're channelling the fund to the area where you can get maximum value for your money.
My humble opinion.
* Sorry I'm not the figure quoting type. Maybe our fundamental gurus can help you out with this.

* Post edited*