yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!

Omo the price shock me

ositadima1:


Where did you see that in my post?

Yes for sure. That will be like basic salary excluding bonuses and other pecs

I suspect Transpower will lose value after dividend because it has been stagnant for long

The way, they are pushing UBA share price, no be from here o. see mopping.

“Any person who issues or allots securities without the prior approval of the Commission, or violates any provisions of these rules shall be liable to any one or more of the following sanctions: i. A penalty of not less than N10 million in the first instance and a further sum of N100,000 for every day the violation continues; ii. Suspension, or withdrawal of the registration of the capital market operator(s) involved; iii. Disgorgement of proceeds/income from the transaction; and iv. The Commission may ratify or rescind a transaction if it is in the interest of the public to do so; v. Any other sanction the Commission deems fit in the circumstance.”

New Rule.

#TantalizerPlc
#PrivatePlacementGoneWrong
Just joking shaa

Utalinmou:
I suspect Transpower will lose value after dividend because it has been stagnant for long

Na like this e go become, like Oando. Agba no go like am again...

eziokwunwoko:
Please provide more information on the below post

Infrastructural funds are closed ended funds pooled from different investors to be invested in select infrastructural projects.

Due to its closed ended nature, fund managers usually list the funds with NGX or FMDQ or both to kind of provide options for investors to exit and other investors to enter without disrupting the funds.

Most infrastructural fund are priced at 1m per unit.

So nothing new here, they probably just listed theirs.

yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!

...N1m/share?

eziokwunwoko:
Please provide more information on the below post

The Ava Infrastructure Fund is a N200 billion ($441 million) initiative launched by AVA Global Asset Managers Limited to address Nigeria's infrastructure deficit. The fund aims to achieve this by strategically channeling institutional capital into infrastructure projects across various sectors including power, telecommunications, agribusiness, gas distribution, processing and storage [Punch Newspapers: SEC approves N200bn Ava infrastructure fund].

Here's a breakdown of the key information about the Ava Infrastructural Fund:

Goal: Address Nigeria's infrastructure gap by financing critical projects.

Investment approach: Focuses on debt financing for infrastructure projects that offer vital economic and social services, with stable cash flows and a long-term asset base.

Target return: Deliver consistent and reliable income to unit holders.
Fund size: N200 billion ($441 million) program with an initial series issuance of N20 billion ($44 million).

Status: The first tranche (Series 1) closed on March 6, 2024.

I feel this is similar to a Sukuk or a government bond, but issued by a private company.

https: //punchng. com/sec-approves-n200bn-ava-infrastructure-fund/

I plan to buy more stocks soon,my question is which are good stocks paying dividends yearly for now?

Utalinmou:
I suspect Transpower will lose value after dividend because it has been stagnant for long

Baseless.. maybe a better word is you wish

cocolacec:
I plan to buy more stocks soon,my question is which are good stocks paying dividends yearly for now?

E get one stock wey fit your description but I don dey queue since.

dapix:
The way, they are pushing UBA share price, no be from here o. see mopping.

UBA should have the lowest OS of the FUGAZ once the whole recapitalization is done.

BullBearMkt:
...N1m/share?

Adinije:
I shock when I see am

It looks more like a mistake......
I think the price should be N450
Then 1m units single transaction done....
If we look at the value of the trade

Zenith Bank Plc underpaid me this year. I have began the process to rectify this. Others were smiling to the bank but I was crying to the bank.

I can imagine but don't worry it will be rectified. I think mails to your broker and the registrar, it will be sorted.

Mopolchi:
Zenith Bank Plc underpaid me this year. I have began the process to rectify this. Others were smiling to the bank but I was crying to the bank.

All these UBA Directors buying their shares are creating a pseudo price rise...

Every stock is a suspect until proven otherwise...

Utalinmou:
I suspect Transpower will lose value after dividend because it has been stagnant for long

Kereokwu:
I can imagine but don't worry it will be rectified. I think mails to your broker and the registrar, it will be sorted.

Yes, I have written to registrar in charge. Registrar asked me of certain information which I have provided already. I am waiting for reply now. I earlier requested for a CSCS transfer of my stocks from my original stockbroker to my current stockbroker; its completed now. It could explain for the reduction in dividend payment? Thank God it happened now before rights issue placements begin.

KarlTom:
All these UBA Directors buying their shares are creating a pseudo price rise...

It's a good sign when many of them are buying. It's not too relevant if the market prices UBA right immediately what matters is the directors being consistent in growing the wealth of shareholders with increasing EPS and Dividends as the years roll by. UBA looks poised for growth with Tony as Chairman .

cocolacec:
I plan to buy more stocks soon,my question is which are good stocks paying dividends yearly for now?

UBA looks good in meeting that criterion at current price

BabsO2:


UBA looks good in meeting that criterion at current price

Ok

cocolacec:
I plan to buy more stocks soon,my question is which are good stocks paying dividends yearly for now?

UCAP expecting good dividend and bonus next year

💯

BabsO2:


It's a good sign when many of them are buying. It's not too relevant if the market prices UBA right immediately what matters is the directors being consistent in growing the wealth of shareholders with increasing EPS and Dividends as the years roll by. UBA looks poised for growth with Tony as Chairman .

When I called out UBA as a place to be some folks laughed at it. Now, they are scampering to buy it

yMcy56:


It looks more like a mistake......
I think the price should be N450
Then 1m units single transaction done....
If we look at the value of the trade

@yMcy56 it appears there's no mistake in the data compilation. The daily volume is 450, with a daily value of N450m at 1 unit share price of a million. Kindly see the attached screenshot

yMcy56:


It looks more like a mistake......
I think the price should be N450
Then 1m units single transaction done....
If we look at the value of the trade

No mistake o.
These infrastructure fund managers are not joking.
Somebody sees a good market here.
There are two now on the list: circa 100 or 1000000 choose your choice

yMcy56:
AVAIF
Ava Infrastructural Fund
Listed @1M NGN in the EQUITY section
Na another Oga of all listing be this o!!

Please do you have update on MAY-BAKER dividend payment. Thank you!

WestPB:
@yMcy56 it appears there's no mistake in the data compilation. The daily volume is 450, with a daily value of N450m at 1 unit share price of a million. Kindly see the attached screenshot

Yes. You're right.
I equally saw it..........but I don't think its possible for the price to be N1m. It could be a mistake from the MM/personnel that included it in the EQTY section...

If you notice, there isn't any data available in the columns till now......this is not typical of a newly listed company.
It could be that the volumes aren't visible because of the price tag attached to it.

Picky1:
Please do you have update on MAY-BAKER dividend payment. Thank you!

Dividend: 0.30k
Qualification Date: 21st May, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/41210_MAY_AND_BAKER-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_MAY_2024.pdf

yMcy56:

Dividend: 0.30k
Qualification Date: 21st May, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/41210_MAY_AND_BAKER-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_MAY_2024.pdf

You too much! Thank U.

It's not a 'company' in the real sense.
It's a FUND hosted by a company. The company does not have to be listed on the exchange but the fund is approved and regulated by the SEC.

It listed at 1m today and 450units were traded as seen...

yMcy56:

Yes. You're right.
I equally saw it..........but I don't think its possible for the price go be N1m. It could be a mistake from the MM/personnel that included it in the EQTY section...

If you notice, there isn't any data available in the columns till now......this is not typical of a newly listed company.
It could be that the volumes aren't visible because of the price tag attached to it.