₦airaland Forum

Mine just landed 😊

brosiye99:
Just received NGX Group Dividend...Good morning. This is one stock I will keep adding.

ositadima1:
Not really. Even though they have negative equity due to huge payables, this debt isn’t interest-bearing, so it doesn’t eat into whatever profit they manage to generate. I’m not sure what kind of deal they have with the companies that supplied them goods or services, worst case, they do a rights issue or gradually pay it off over time. Those companies can’t take over NCR, strip it for parts, and sell, they wouldn’t recover their money that way. The only viable option is to support NCR until it’s able to pay them back, so it’s not imploding anytime soon.

Despite all this, I wouldn’t be surprised if the stock reaches ₦30 per share.

@essentialone, I told you NCR might hit ₦30, and I ended up being right. I’m just using the 76% return so far as consolation. Some people here make ₦1.5 million monthly, so my small kaya doesn’t really count.

https://www.youtube.com/watch?v=W_gaAR43oJ4

A snapshot of trading so far today on the NGX

ositadima1:
@essentialone, I told you NCR might hit ₦30, and I ended up being right. I’m just using the 76% return so far as consolation. Some people here make ₦1.5 million monthly, so my small kaya doesn’t really count.

Oga , that's good loot.. no dey call am small kaya

orriyomi33:
Mine just landed 😊

I recieved NGX dividend today even without applying for it. Kudos to Datamax! Sterling bank registrars also made such gesture. The notorious one is Veritas, where i followed the due process along with MCSL to claimed my Zenith bank dividend in 2020, they did not paid me till date.

Cool
I left quite early...

ositadima1:
@essentialone, I told you NCR might hit ₦30, and I ended up being right. I’m just using the 76% return so far as consolation. Some people here make ₦1.5 million monthly, so my small kaya doesn’t really count.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -0.59%

You fit wait tire o. Better to be scaling up and down gradually. Na so chams do rights issue some de wait make e come down yet it did almost 100% from circa 2 to 4. Not to talk of TIP that has small outstanding shares. I see it getting to 15 before the closing date. I might be wrong though. A director bought about 60 million units at market price. Why didnt the guy go for the public offer. Just wondering..

deathwing:
Still hoping for TIP Plc to fall below PO price of N9.5 but be like that won't happen

VFDGROUP
Insiders started buying back as RI closing date is getting near...
They were able to keep the price above RI price at least....

https://doclib.ngxgroup.com/Financial_NewsDocs/247_NGX_INSIDER_DEALING_DISCLOSURE_FORM-CHINENYE.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/247_NGX_INSIDER_DEALING_DISCLOSURE_FORM-SHAKIRU.pdf

I didn't even have to apply, I was credited directly to my bank account.

Ibrahim505:
I recieved NGX dividend today even without applying for it. Kudos to Datamax! Sterling bank registrars also made such gesture. The notorious one is Veritas, where i followed the due process along with MCSL to claimed my Zenith bank dividend in 2020, they did not paid me till date.

It's directly deducted from your bank account during processing. From my experience, you don't have to pay before that.

deathwing:
Hi everyone. So I justed used the NIBSS edividend mandate service to register my stocks so i could get dividends. It calcuted what seemed like a bill for me (about N800), but didn't give me an opportunity to screen to pay it. Is there something I'm supposed to do?

Needed N215 billion but got about N310 billion

Stockhunter:
You fit wait tire o. Better to be scaling up and down gradually. Na so chams do rights issue some de wait make e come down yet it did almost 100% from circa 2 to 4. Not to talk of TIP that has small outstanding shares. I see it getting to 15 before the closing date. I might be wrong though. A director bought about 60 million units at market price. Why didnt the guy go for the public offer. Just wondering..

Todays trade is 2.88million units.
Total units traded for Tip for the past one week is less than 45million.
Where you get 60m units

Stockhunter:
You fit wait tire o. Better to be scaling up and down gradually. Na so chams do rights issue some de wait make e come down yet it did almost 100% from circa 2 to 4. Not to talk of TIP that has small outstanding shares. I see it getting to 15 before the closing date. I might be wrong though. A director bought about 60 million units at market price. Why didn't the guy go for the public offer. Just wondering..

I have already decided to buy the PO this friday and remove eyes. I saw an insider bought a boatload of the stock at around N12 or so just before the PO. What would make someone do that?

Thanks

ggoldmine:
It's directly deducted from your bank account during processing. From my experience, you don't have to pay before that.

https://open.spotify.com/episode/6vWsw4CgGSQpFzkYUM0bb

A summary of today's trading session on the NGX.

deathwing:
I have already decided to buy the PO this friday and remove eyes. I saw an insider bought a boatload of the stock at around N12 or so just before the PO. What would make someone do that?

The PO could be oversubscribed and your fund may be tied down for long time before returning the difference from what you are allotted. If the subscription is way over the bar, you may not even get up to 30% unless the company decides to absorb everything which the prospectus did not mention

They said it themselves that they will absorb everything. I listened to their twitter space.

unite4real:
The PO could be oversubscribed and your fund may be tied down for long time before returning the difference from what you are allotted. If the subscription is way over the bar, you may not even get up to 30% unless the company decides to absorb everything which the prospectus did not mention

When funds are oversubbed, is it on a First Come First Served Basis or they prorate it for everybody

unite4real:
The PO could be oversubscribed and your fund may be tied down for long time before returning the difference from what you are allotted. If the subscription is way over the bar, you may not even get up to 30% unless the company decides to absorb everything which the prospectus did not mention

Good day boss, i have been trying to buy the NCR stock on bamboo but i can't, i have been having failed transactions. Please can you guide me on how to go about it, thank you.

ositadima1:
@essentialone, I told you NCR might hit ₦30, and I ended up being right. I’m just using the 76% return so far as consolation. Some people here make ₦1.5 million monthly, so my small kaya doesn’t really count.

deathwing:
They said it themselves that they will absorb everything. I listened to their twitter space.

Forget the twitter space. The most important document is the prospectus. If they do not have it there then I wonder what they are saying.

I also listened to the Twitter space and I heard it but that is not an official. The prospectus is the official document to rely upon

Meanwhile let's assume it is oversubscribed by X3, it means there will be over dilution beyond the plan. What will the excess fund be used for?

No wahala. They can return my money if shares no reach me. I no go cry. There will be other opportunities. All na part of risk.

unite4real:
Forget the twitter space. The most important document is the prospectus. If they do not have it there then I wonder what they are saying.

I also listened to the Twitter space and I heard it but that is not an official. The prospectus is the official document to rely upon

Meanwhile let's assume it is oversubscribed by X3, it means there will be over dilution beyond the plan. What will the excess fund be used for?

https://www.youtube.com/watch?v=Oth0zdkFyz4

A snapshot of today's trading session on the NGX.

Good day boss, i have been trying to buy the NCR stock on bamboo but i can't, i have been having failed transactions. Please can you guide me on how to go about it, thank you.

KarlTom:
Cool
I left quite early...

chimex38:
Todays trade is 2.88million units.
Total units traded for Tip for the past one week is less than 45million.
Where you get 60m units

TiP follow dey ngx.Na watin the company dey do

emmanuelewumi:
Needed N215 billion but got about N310 billion

Whr u think all the money the government dey borrow and loot dey enter. Na dis kind place be the destination
So nothing special or fantastic to me

nosa2:
In the short term markets move up and down. In the long term the trend is usually in the direction of the economy.

Crypto is down, foreign markets are down, there is a general downturn.

So there doesn't need to be a reason even though the press will always find a reason in order to get viewers/readers

This is very true albeit, investors and speculators want an explanation for everything happening in the market.

For this reason, analysts always find one for them.

Iskalamong!

GeneralDae:
I disagree. 2023/2024 harvest season still had food inflation rising for the most part although increase in PMS prices from 650 to over 1000 in October/November 2024 contributed to the rising food inflation then. Nevertheless, even in March/April 2025, there was no real spike in food inflation.
This has more to do with a stable naira and other monetary policies as well as stable energy prices.

You may be right.

Some findings suggest that there is a correlation between the exhange rate and Naira commodity prices.

That is, the higher the exchnage rate (USD/NGN), the higher the prices of commodities (priced in Naira)

Cheers!

.

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Streetinvestor2:
Whr u think all the money the government dey borrow and loot dey enter. Na dis kind place be the destination
So nothing special or fantastic to me

Na real estate e dey enter.

This bond was reserved for institutional investors pension fund managers, insurance companies, mutual fund managers etc