₦airaland Forum

EDUECO:
No let your Oga carry you go where you no know .
I'm just joking o, don't take this serious o😁

My Ogas that used to give you sound fundamental stocks backed with TA, where are they?
Shebi Una don insult them commot for here........so mine can't be an exemption nah.
I just decided to post here today after sometimes, see what your mindset was again.
Issorite o.
Una talk well.

yMcy56:
My Ogas that used to give you sound fundamental stocks backed with TA, where are they?
Shebi Una don insult them commot for here........so mine can't be an exemption nah.
I just decided to post here today after sometimes, see what your mindset was again.
Issorite o.
Una talk well.

I didn't intend to cast aspersions or denigrate you.

I'm profoundly sorry if I have offended you.

Abeg no vex o!

You are creating a dividend version of FUGAZ

EDUECO:
I think Zenith Bank,Access Bank,UBA,GTBank,and Fidelity Bank are excellent banking stocks newbie like myself can key into from now till the end of 2025.

All of them paid good interim and final dividends last year(2023).

KarlTom:
You are creating a dividend version of FUGAZ

Yeah!
Or ZAGUF

Businessday reports NNPCL has signed off on the SEPLAT/MNPU deal,
I think the market will break 100k again in a few says!!!

awesomeJ:
Businessday reports NNPCL has signed off on the SEPLAT/MNPU deal,
I think the market will break 100k again in a few says!!!

That should be the reason for the full bid since yesterday.
Wow

Mpeace:
That should be the reason for the full bid since yesterday.
Wow

Yes sir.
Good for the market, good for our country too.

PRESCO! PRESCO! PRESCO!
Where is our reward? It's harvesting season! We've sown the seeds, and now we're waiting to reap the fruits of our labor.
Remember, a delay in dividends doesn't mean they're denied.
As Peter Bernstein wisely said, '
"The fundamental law of investing is the uncertainty of the future."
Keep the faith and stay patient. Our harvest will come overnight.

Mankind2024:
PRESCO! PRESCO! PRESCO!
Where is our reward? It's harvesting season! We've sown the seeds, and now we're waiting to reap the fruits of our labor.
Remember, a delay in dividends doesn't mean they're denied.
As Peter Bernstein wisely said, '
"The fundamental law of investing is the uncertainty of the future."
Keep the faith and stay patient. Our harvest will come overnight.

Presco AGM is 6th of June and the payment date same day.

emmasoft:
Presco AGM is 6th of June and the payment date same day.

Thanks for the update.
My dividends calendar was reading 30th May.

EDUECO:
Yeah!
Or ZAGUF

ZUGAZ indeed i.e minus elephant!

Mfunkynation:
Mansard do me strong thing even with 128k EPS... them get mine
welcome back... I miss you oooo

mansard declared 65k dividend.

SAK:
mansard declared 65k dividend.

That for Custodian

Please has anyone received champion brewery bonus shares?

Mankind2024:
Thanks for the update.
My dividends calendar was reading 30th May.

Same here. I guess the error came from here: https://nairametrics.com/2024/05/07/nigerian-stocks-list-of-dividends-announced-in-2024/

I prefer using the official announcements: https://ngxgroup.com/exchange/data/corporate-actions/

Hedgefunds:
That for Custodian

Please when is payment date for custodian?

Money where art thou? Look at NB and Access Bank........they are so good for investing long term, 5 to 10 years
Best to invest in. Invest, not trade oo

Many stocks have attractive prices right now, the only problem is that fixed income is even more attractive.
Government is borrowing at high rates. Nothing give better peace of mind than Nigerian govt bonds. Put money and sleep.

Chrisland Schools raising money through commercial papers. CPs are preferred alternatives to borrowing at such exorbitant rates.

https://x.com/Rufyb/status/1796101937227534482?t=madB8nJ0WlhW2suKSmDrLw&s=19

https://doclib.ngxgroup.com/Financial_NewsDocs/41375_HONEYWELL_FLOUR_MILL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

The key takeaway from Honeywell's 105-page bloody financial statements is that the company is now a going concern.

"Save the worst for the last"

Notably, the company has a negative shareholders' balance, and its liabilities exceed its current assets.
The company reported a loss of N10.1 billion for the year ended March 31, 2024, compared to a profit of N256 million in 2023. As of March 31, 2024, the company's current liabilities exceeded its current assets by N21.6 billion, compared to N11.1 billion in 2023.
A significant portion of the payables is due to related parties.
However, the parent company, FMN, has issued a letter of support, committing to support the company in meeting its obligations as and when due.
"GOING CONCERN ADDRESSED"

Mankind2024:
https://doclib.ngxgroup.com/Financial_NewsDocs/41375_HONEYWELL_FLOUR_MILL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

The key takeaway from Honeywell's 105-page bloody financial statements is that the company is now a going concern.

"Save the worst for the last"

Notably, the company has a negative shareholders' balance, and its liabilities exceed its current assets.

The company reported a loss of N10.1 billion for the year ended March 31, 2024, compared to a profit of N256 million in 2023. As of March 31, 2024, the company's current liabilities exceeded its current assets by N21.6 billion, compared to N11.1 billion in 2023.
A significant portion of the payables is due to related parties.
However, the parent company, FMN, has issued a letter of support, committing to support the company in meeting its obligations as and when due.
"GOING CONCERN ADDRESSED"

So what do you advice one do - Sell off their holdings?

** 24B+ Fx loss, & 9B+ Tax credit

I'll gladly take up RI here if they decide to go that route than some of the RIs' coming up. For those that want to offload, we will mop up at 2.xx ... & below.

My 2 cents.
DD Adviced as alwayZ.

Mankind2024:
https://doclib.ngxgroup.com/Financial_NewsDocs/41375_HONEYWELL_FLOUR_MILL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MAY_2024.pdf

The key takeaway from Honeywell's 105-page bloody financial statements is that the company is now a going concern.

"Save the worst for the last"

Notably, the company has a negative shareholders' balance, and its liabilities exceed its current assets.
The company reported a loss of N10.1 billion for the year ended March 31, 2024, compared to a profit of N256 million in 2023. As of March 31, 2024, the company's current liabilities exceeded its current assets by N21.6 billion, compared to N11.1 billion in 2023.
A significant portion of the payables is due to related parties.
However, the parent company, FMN, has issued a letter of support, committing to support the company in meeting its obligations as and when due.
"GOING CONCERN ADDRESSED"

Shareholder's balance is positive N22.86b. (Total equity)

Good morning to everyone.....Please i need someone to help me differentiate between RI (right issue) and bonuses or bonus shares. what does the shareholders stand to benefit from both of them.

stronglink:
Good morning to everyone.....Please i need someone to help me differentiate between RI (right issue) and bonuses or bonus shares. what does the shareholders stand to benefit from both of them.

Simply put, Right issue is when quoted companies sell shares to existing qualified shareholders in most cases at a discount price compare to the current price of the stock on the NGX. Here shareholders pay for the new shares.
It's not compulsory you participant in a RI, it's by choice.

Bonus as the name implies is like a gift. This is when companies give extra shares to qualified existing shareholders at the expense of the company. Here shareholders don't pay for the new shares.
Shareholders get Bonus not by choice even if you are not aware your cscs account will be credited with the bonus due you unlike RI where you have to make a choice.

In both cases, your shares increases but for one you pay - RI while the other you don't pay - Bonus.

Dangote Cement Div just landed.

Being cashing out on Dangote cement for more than 12 years. Over 700k Dividend dropped.

Ding

Ding!

Classic example of Freshmoney

DonFreshmoney:
Being cashing out on Dangote cement for more than 12 years. Over 700k Dividend dropped.

With seplat deal almost done, something tells me Oando's deal will soon be completed. The way Tinubu intervened to make this deal go through is the same way he might try to ensure Oando's.
He says he wants to increase crude oil output by all means possible.

Mpeace:
With seplat deal almost done, something tells me Oando's deal will soon be completed. The way Tinubu intervened to make this deal go through is the same way he might try to ensure Oando's.
He says he wants to increase crude oil output by all means possible.

OANDO moving

emmasoft:
Simply put, Right issue is when quoted companies sell shares to existing qualified shareholders in most cases at a discount price compare to the current price of the stock on the NGX. Here shareholders pay for the new shares.
It's not compulsory you participant in a RI, it's by choice.

Bonus as the name implies is like a gift. This is when companies give extra shares to qualified existing shareholders at the expense of the company. Here shareholders don't pay for the new shares.
Shareholders get Bonus not by choice even if you are not aware your cscs account will be credited with the bonus due you unlike RI when you have to make a choice.

In both cases, your shares increases but for one you pay - RI while the other you don't pay - Bonus.

thanks a lot.