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Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 10:29am On May 11, 2018
locodemy:


This is making the third time oga wanaj0 is telling you that JB profit is not sustainable.Dont hold a significant holdings here.Take some to zenith and some to JB if still in the mood.

No be me talk am. tongue

Other comprehensive income are like 'awoof' income that happens once in a while. So you cannot make projection based on it. DF made money from selling the Noodles division. Will he sell another Noodles division this year That is what extraordinary item (other income) does. You need to SEPARATE that line item to understand the performance of the company in its real business.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Oloro29(m): 10:33am On May 11, 2018
wanaj0:

Pls oga wanajo, help answer my question since no one is interested. "If I sell my fidelity bank today will I still qualify for dividend"?

No be me talk am. tongue

Other comprehensive income are like 'awoof' income that happens once in a while. So you cannot make projection based on it. DF made money from selling the Noodles division. Will he sell another Noodles division this year That is what extraordinary item (other income) does. You need to SEPARATE that line item to understand the performance of the company in its real business.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:35am On May 11, 2018
Oloro29:
Pls house, if I sell my fidelity bank today, will I still qualify for dividend?

supply me the qualification and closures dates,I will help you to answer the question.
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 10:40am On May 11, 2018
Oloro29:
Pls house, if I sell my fidelity bank today, will I still qualify for dividend?

This has to be the most recurring question on NL.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Oloro29(m): 10:47am On May 11, 2018
locodemy:




supply me the qualification and closures dates,I will help you to answer the question.

Qualification date 11th May
Closure date 14-18th may
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 10:47am On May 11, 2018
IchimokuPilot:
Go back to page (0).
Read till you read your comment here. You will miss ALL the money Wanajo, Agba, Rabbi, Fxuser etc etc made all these years. You are in the right place.Good luck! grin
Chai! This Pilot is too much! He has taken this newbie to another realm entirely. I hope he/she can decode this write-up sha. grin
Would have love to read that of Pa Emma, Peter, Chibuking and other ogas here as well. tongue

Modified: Where is Mr. Time in your epistle? cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:51am On May 11, 2018
locodemy:


This is making the third time oga wanaj0 is telling you that JB profit is not sustainable.Dont hold a significant holdings here.Take some to zenith and some to JB if still in the mood.
Time will tell, with situation at hand, I strongly believed that it's sustainable, their q2 will speak more for them.
They are one of the stock to watch.
This is how I started advertising northern movement of Dangoteflour at sub #4, Eternal at sub #3, CCNN, Okomo oil etc.
And it come to pass, I don't have much interest in them, but all I know is that the stock has wake up with full force goes by their EPS,
even when one deducted (OCI) other comprehensive income for the year, their EPS after tax still remain over 100% growth compared with their 2017, q1.
I see them heading to northern pole soon, with massive movement after 2018 q2 result. I base my research and my findings, based on fact on the ground, not sentiment.
Go once again, through their 2017 final, and their q1 2018 result. That shows that government has start to favour them with contract, and they are moving.
Their growth in PAT, q1 2018 was above 100% compared with 2017 q1 .
Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 10:55am On May 11, 2018
Zenith touching N28 #BuckleUp #BullIndicator
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 11:02am On May 11, 2018
Oloro29:


Qualification date 11th May
Closure date 14-18th may
Thanks
If you sell today, you will not benefit from the dividend except the person that bought. The simple explanation is that the name of the person that appears on the book of register as at the closure of market today will be recorded as having the share of the company and not the person that sold.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Oloro29(m): 11:07am On May 11, 2018
kolaish:
If you sell today, you will not benefit from the dividend except the person that bought. The simple explanation is that the name of the person that appears on the book of register as at the closure of market today will be recorded as having the share of the company and not the person that sold.

Ok thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:09am On May 11, 2018
cool
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:09am On May 11, 2018
currentprice:


cp like seriously undervalued stock

cc NoMoney

grin

Cileasing now on FULL OFFER and CP is no where to be found.

This life self undecided

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:10am On May 11, 2018
Oloro29:


Qualification date 11th May
Closure date 14-18th may
Thanks


https://www.theglobeandmail.com/globe-investor/investor-education/four-dividend-dates-every-investor-needs-to-know/article19273251/
Four dividend dates every investor needs to know
John Heinzl
JOHN HEINZL
PUBLISHED JUNE 20, 2014
UPDATED MARCH 25, 2017
I recently lost a substantial dividend and I am trying to avoid the same mistake again. I purchased shares of Crescent Point Energy on May 28 and the news release from the company said that "shareholders of record on May 31" would be entitled to receive the dividend on June 16. However, I did not receive it. What did I do wrong?

Let me reassure you that you didn't "lose" anything. To understand why, you need to familiarize yourself with four key dividend dates. These dates can be confusing, especially when weekends or holidays come into play, so today I'll walk you through them.

The first date you need to know is an easy one: the declaration date. This is the date when the company announces the dividend. In Crescent Point's case, the dividend was announced on May 15.

A second date that's very straightforward is the payment date. This is the date on which the company actually sends out the cash, either to shareholders directly or to their brokerage firms. At my own discount broker, dividends often don't land in my account until one day after the payment date.

In between the declaration and payment dates, there are two other key dates to know: the ex-dividend date and the record date. These are the dates that sometimes mess with shareholders' heads.

Let's deal with the record date first. This is the date that you have to officially own the shares in order to receive the dividend. But be careful: If you buy the stock on the record date, you'll be too late. That's because it takes three business days for a trade to settle – that is, for the cash and shares to actually change hands. So, to be entitled to the next dividend, you would have to buy your shares at least three business days before the record date (and the record date itself would also have to be a business day).

What happens if you buy the stock two business days before the record date, you ask? Well, you would not be entitled to the next dividend. That's why this date is called the ex-dividend date – "ex" meaning without.

When you buy a stock on the ex-dividend date, it might seem as if you're losing out, but you aren't. Here's why: The price of the shares – all else being equal – will adjust to reflect the fact that investors who buy on this date (or later) won't receive the payment. In effect, you get to buy the shares at a discount as compensation for not receiving the next dividend.

In a similar vein, buying the stock the day before the ex-dividend date doesn't make you any better off; you get the dividend, but the stock will cost you more than if you'd waited until the next day – again, all else being equal.

Now, it's important to understand that when a stock goes ex-dividend its price doesn't necessarily fall by the exact value of the dividend. In fact, the stock could even rise, because prices are subject to all sorts of forces on any given day. Crescent Point's monthly dividend is 23 cents, but on the ex-dividend date the stock fell by 41 cents.

Now to the question of why you didn't receive the dividend. At first glance, it seems as if you should have. After all, you placed your order on May 28, three days before the record date of May 31.

But if you check the calendar, you'll see that May 31 was a Saturday – a non-business day. As a result, the trade you placed on May 28, a Wednesday, didn't settle until three business days later on Monday, June 2 – after the record date had already passed. You would have had to purchase the stock on May 27 to get the dividend; you placed your order on May 28, which was the ex-dividend date.

It's worth repeating that buying before the ex-dividend date doesn't make you richer, and buying on or after the ex-dividend date doesn't make you poorer. If that were the case, everyone would buy stocks just in time to pocket the dividend, then quickly sell them and move on to the next opportunity. Unfortunately, no such free lunch exists.

Still, it's important to understand the various dividend dates to save yourself from unnecessary stress when a dividend you thought you had coming doesn't arrive.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:11am On May 11, 2018
Oloro29:

Qualification date 11th May Closure date 14-18th may Thanks
sell today and forget the dividend. sell on the 14th and qualify. Buy today and get the dividend. Buy on the 14th and forget the dividend..

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Oloro29(m): 11:15am On May 11, 2018
locodemy:


sell today and forget the dividend.
sell on the 14th and qualify.
Buy today and get the dividend.
Buy on the 14th and forget the dividend..


Thanks too
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:16am On May 11, 2018
TLAX:


This has to be the most recurring question on NL.

yeah . . its d time of d yr
Re: Nigerian Stock Exchange Market Pick Alerts by wanaj0: 11:17am On May 11, 2018

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by soloniger(m): 11:18am On May 11, 2018
PETERiCHY:


Cileasing now on FULL OFFER and CP is no where to be found.

This life self undecided
just now one of the ogas made citations of ogas and cp's is as follows
When CP show you a stock, buy, but you are on your own if you wait for him to ring a selling bell, his bell was stolen long ago and at times he may have to chose between selling and ringing when he borrows another bell.... grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:19am On May 11, 2018
PETERiCHY:
Cileasing now on FULL OFFER and CP is no where to be found.
This life self undecided
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:21am On May 11, 2018
soloniger:
just now one of the ogas made citations of ogas and cp's is as follows
When CP show you a stock, buy, but you are on your own if you wait for him to ring a selling bell, his bell was stolen long ago and at times he may have to chose between selling and ringing when he borrows another bell.... grin
Chai! grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:21am On May 11, 2018
DaV8King:
Zenith touching N28 #BuckleUp #BullIndicator


a 4 week high & above last month close !
#goodStuff
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:29am On May 11, 2018
Dividend
- d bigger d payout , d bigger d mkt distortion in d short term

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:35am On May 11, 2018
wanaj0:
Using Porter's 5 forces to analyze stocks

https://www.investopedia.com/articles/fundamental-analysis/11/using-porters-5-forces-for-stock-analysis.asp?utm_source=term-of-the-day&utm_campaign=www.investopedia.com&utm_term=13175438&utm_medium=email

nice one
asper New entrants , anyone tried the Nyjer Budweiser beer ?
dis chaps be like Thanos in d global beer industry lol
Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 11:37am On May 11, 2018
Oloro29:


Qualification date 11th May
Closure date 14-18th may
Thanks




if you sell today, you are not qualify but if you sell 12th May, you are qualified. This is because, the stock will be marked down at cob today and we have ex dividend price tomorrow morning- my understanding though.
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:38am On May 11, 2018
Access
- i like d support
- time to move on
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 11:38am On May 11, 2018
soloniger:
just now one of the ogas made citations of ogas and cp's is as follows
When CP show you a stock, buy, but you are on your own if you wait for him to ring a selling bell, his bell was stolen long ago and at times he may have to chose between selling and ringing when he borrows another bell.... grin


A situation whereby a conductor collects transport fare from commuters with the promise that his destination is Onitsha while getting to ijebu-Ode, he disappears and left his passengers STRANDED.

Isn't that an EPITOME OF MONKEY HUNTING

9 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:48am On May 11, 2018
aremso:





if you sell today, you are not qualify but if you sell 12th May, you are qualified. This is because, the stock will be marked down at cob today and we have ex dividend price tomorrow morning- my understanding though.

won't be surprised to see price recover quickly above ex-div early (ex: fbn, fcmb et al )
however a sub ex-div price move won't be bad either, hunters will kill each other on a N2 - N2.30 price region lollx
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 11:51am On May 11, 2018
IchimokuPilot:


Lol... grin
We are the real street gang.
The Billion Dollar Clique loading again...? grin

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 11:52am On May 11, 2018
Let compared these companies
1.Okomo oil 2018 q1, #364.
2017 q1, #322
Current price #90+

2. Presco. 2018 q1, #3 (seems to be annualize)
2017 q1, #4
Current price #70+

2B. Presco. 2017 FY, #2.536 kobo
2016 FY, #2,176kobo

3. Jberger. 2018 q1, #2.23 kobo (if deduct OCI #1.13 kobo)
2017 Q1, -07 kobo
Current price #28/29

4. CCNN. 2018 Q1, 86 kobo
2017 Q1, 41 kobo
Current price #29+

5. Dangflour. 2018 q1, 31.65 kobo
2017 q1, 52.47 kobo
Current price #11 plus

Can we offer our fair price based on their performance?
Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 11:52am On May 11, 2018
Funny guy
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:02pm On May 11, 2018
What are the effects of the current price of crude oil in the international market on petroleum marketing stocks?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 12:03pm On May 11, 2018
Japaul Oil. It's a pity minimum price haff been moved to 20k. Would have been cool to see this stock trade at 5k. Maybe then the affairs of the company might change hands.

#Jegede Na Bastard.

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