ndidigood:
what of afriprud?

Na my Ogas on top go answer you on Afriprud. Oga Rebekah and others.

Mcy56:

Na my Ogas on top go answer you on Afriprud. Oga Rebekah and others.

l mean it has bn consistently paying good dividend SNC about 6 years now,l rada bay afriprud than vitafoam

Mpeace:
FBNH NPL ratio went up in the last year. It now stands at 25%. I no kw hw market go react to the result sha but you are correct to say that dividend yield went up. They paid 25k last year and now paying 26kobo. 1kobo up. Up na Up whether na half kobo.

Oh! You're right that they paid 25k, and I mentioned its 10k here no one corrected me, does it mean people dont read comments here?
10k should be for which year then cos that's what is registered in my head. Can you please confirm this for me.
Well, there's positive sentiment towards FBN, so some things might not really matter to investors after all. My opinion.

ndidigood:
l mean it has bn consistently paying good dividend SNC about 6 years now,l rada bay afriprud than vitafoam

Oh! Okay.
Afriprud and Ucap too. If there's enough fund why not the three? They have been consistent in div payment and their prices are relatively stable too, especially during bearish period. My opinion.

ndidigood:
hey,nothing wee l Neva c for here,if l choke for here is on u o.

Lol.
When I just look ground and come see say na only me and him dey for house, I no fit stand his trouble.

Mcy56:

Oh! Okay.
Afriprud and Ucap too. If there's enough fund why not the three? They have been consistent in div payment and their prices are relatively stable too, especially during bearish period. My opinion.

ucap made me money that year,bot at avg of 1.2 and sold 3somtin

Mcy56:

Oh! Okay.
Afriprud and Ucap too. If there's enough fund why not the three? They have been consistent in div payment and their prices are relatively stable too, especially during bearish period. My opinion.

all na my paddy

Mcy56:

Lol.... and that fear used to cause mistakes for me. I sold a part of it already.
More reason I'm really eyeing the "Investors group" these days. I need to know who their Nsempa leader is so I can fill a form.
I wish you had bought all between 5.85 and 6....but its still good. Let's just hope that good news will come NSE's way soonest.
That my luff ehnnn, he no follow me go church and I don dey suspect him already.
Happy Sunday Sir.

u believe on d investor grp stuff ?if yes msg anyone na..and request to join..

y did u sale ? did u reach ur target point? ask ur online bf na ...

ndidigood:
ucap made me money that year,bot at avg of 1.2 and sold 3somtin

Wow! Great!

tritritri:
u believe on d investor grp stuff ?if yes msg anyone na..and request to join.. y did u sale ? did u reach ur target point? ask ur online bf na ...

Lol. Oga 333 dont mind me. I don't fancy such stuff. It's easy for me to do once I make up my mind.
I dont want to mention the reason for selling here. Pardon me.

Mcy56:

Lol. Oga 333 dont mind me. It's easy to do once I make up my mind.
I dont want to mention the reason for selling here. Pardon me.

Ummm alright..make una dey keep una secret... aberg spill am out if e go help me avoid loss aberg

tritritri:
Ummm alright..make una dey keep una secret... aberg split am out if e go help me avoid loss aberg

Chai Oga 333, its not like that. I cant keep such secret especially if its going to affect someone. I don't bilif in keeping stock related info, more reason I post what I know - correct or not cos I expect someone who knows to correct me if Im wrong. UBA is good and I believe those who knows much better than me have said it too. It's personal please.

Vitafoam has always been a good stock until it romanced with Vono Foam and accumulated plenty of debts. I am not comfortable with stocks that have too much debts.

Mcy56:
Looking at Vitafoam, its not doing bad at all.
If it should move from illiquid to liquid, it will be one of the stocks that will be pulling nice stunts in NSE.
Imagine a stock of less than 4naira paying dividend of 25k and bonus issue of 1:5! Chai money is good ooo, one will just keep that one in one side to be poo-ing dividend every year, and possibly price appreciation at its own pace.

These 3 stocks are good to have at this moment. UBA, UCAP and Africa Prudential. The dividend yields are well above 10%. However, one has to keep the focus on the quarterly results.

Mcy56:

Na my Ogas on top go answer you on Afriprud. Oga Rebekah and others.

rebekah2011:
Vitafoam has always been a good stock until it romanced with Vono Foam and accumulated plenty of debts. I am not comfortable with stocks that have too much debts.

Thanks for the insight.

ndidigood:
ucap made me money that year,bot at avg of 1.2 and sold 3somtin

Nice stock, I made good money too apart from dividend. But if I have 100k I will do afripru 70k and ucap 30k both are fantastic stocks but share outstanding of ucap is lager than afripru which may somehow affects it price movt. Just my own opinion

hmmm only you and 16inchdick? Omy leg

Mcy56:
Imagine only me and 16inchdick alone on this thread! Where is everybody? Let me come and be going...

Breadfruit:
Please who knows of any website that has a current list of dividends declared and payment date. The nairametrics.com one is not up to date.

Happy Sunday.

Check nse site. Click on corporate action.
I think nse.ng.com

Mcy56:
Thanks very plenty. Happy Sunday Everyone.

You are welcome, you've done much more for us here

Mcy56:

Oh! You're right that they paid 25k, and I mentioned its 10k here no one corrected me, does it mean people dont read comments here?
10k should be for which year then cos that's what is registered in my head. Can you please confirm this for me.
Well, there's positive sentiment towards FBN, so some things might not really matter to investors after all. My opinion.

that is 2014 10kobo. They paid 15k in 2015, 20k in 2016, 25k in 2017, 26k in 2018. Fbnh problem don last for 5yrs. Many more years to go yet NPLs keep rising. No be small thing.

rebekah2011:
These 3 stocks are good to have at this moment. UBA, UCAP and Africa Prudential. The dividend yields are well above 10%. However, one has to keep the focus on the quarterly results.

UBA......best among the Tonys'.......loaded it at km 6.00...will load more this week


APR....also doing well......don't know why APR stopped paying interim dividend for about 4years now??

UCAP.....missed it at KM 2.56...maybe i was busy with UBA laoding.....


ZENITH......loading at km 20 and below this week

Mpeace:
that is 2014 10kobo. They paid 15k in 2015, 20k in 2016, 25k in 2017, 26k in 2018. Fbnh problem don last for 5yrs. Many more years to go yet NPLs keep rising. No be small thing.

FBNH....will buy at a depressed price for jijo only.....until their dividend payout is >10%

Mcy56:

Oh! You're right that they paid 25k, and I mentioned its 10k here no one corrected me, does it mean people dont read comments here?
10k should be for which year then cos that's what is registered in my head. Can you please confirm this for me.
Well, there's positive sentiment towards FBN, so some things might not really matter to investors after all. My opinion.

I think they gave out bonus that same year

Mpeace:
that is 2014 10kobo. They paid 15k in 2015, 20k in 2016, 25k in 2017, 26k in 2018. Fbnh problem don last for 5yrs. Many more years to go yet NPLs keep rising. No be small thing.

Sorry I gave you work to do. Thanks a lot for your time. Appreciate!
My mind is at rest now that I can conveniently sit beside you on exam day.

Mcy56:

Sorry I gave you work to do. Thanks a lot for your time. Appreciate!
My mind is at rest now that I can conveniently sit beside you on exam day.

Though my seat is far from you but I get glasses which go spy for me.

phemmie06:
Though my seat is far from you but I get glasses which go spy for me.

lol

ukay2:


UBA......best among the Tonys'.......loaded it at km 6.00...will load more this week


APR....also doing well......don't know why APR stopped paying interim dividend for about 4years now??

UCAP.....missed it at KM 2.56...maybe i was busy with UBA laoding.....


ZENITH......loading at km 20 and below this
week

I wish i have more money to load UBA. It is still very good at the present price

Mcy56:

Sorry I gave you work to do. Thanks a lot for your time. Appreciate!
My mind is at rest now that I can conveniently sit beside you on exam day.

So that I can copy your answer as usaual.

Bearish trend continues in 1st quarter of Equity Market in Nigeria

Assessment of the first quarter of 2019 equity market shows prevalence of bearish movement with money market continuous edging out of equities for the first quarter of trading session. As observed, the earnings season in corporate Nigeria has not been strong enough to reverse the market from bearish move. From the index and volume of trades, it can be seen that the investing communities have shifted focus into the fixed income market as yield from money market instruments excite both local and foreign investors. Examples can be seen in Treasury Bills, FGN Bonds and other instruments which have encouraged an “exodus” experience from stock market. The statistics show movement of investors from equity segment of the financial market to the fixed income market as many investors have adjusted their portfolio as they have repositioned strongly in fixed income instrument as bearish trend in the equity market persists.

http://biznaira.com/bearish-trend-continues-in-1st-quarter-of-equity-market-in-nigeria/

Below table gives information on equity benefit for some equity symbols with upcoming closure dates, payment and AGM dates

http://biznaira.com/alert-equity-benefit-calendar/

Investment Opportunities in FGN Bonds

How do I buy FGN Bonds?

Primary Debt Market: FGN Bonds Auctions Exercise is carried out by the DMO on a monthly basis. Primary Dealer Market Makers (PDMMs) empaneled by the DMO in 2006 are responsible for submitting bids for themselves and on behalf of their clients at the Auctions.

Secondary Debt Market: Trading in FGN Bond is done on a daily basis in the Secondary debt market by licensed broker-dealers (banks and stockbrokers) on the floor of The Nigeria Securities Exchange (NSE) and on FMDQ OTC Securities Exchange. The PDMMs are obligated to provide a two-way quote for FGN Bonds. This means that you can buy or sell your FGN Bonds whenever the need arises.
Who are Primary Dealer Market Makers (PDMMs)?

PDMMs are banks appointed by the DMO to act as authorized dealers in FGN bonds. Their major functions are to:

Take up, market and distribute the Primary Issues of FGN Bonds.
Make markets in FGN Bonds on request, through the provision of continuous and effective two-way quotes to all PDMMs and non-PDMMs on demand and in all market conditions. Click here to view a list of the PDMMs institutions.

Requirements to buy FGN Bonds

Application forms can be obtained from any of the authorized dealers (PDMMs), or download from the DMO’s website New FGN Bond Tender Form
Complete the application forms and submit through any of the PDMMs.
Common-price auction system is normally employed as opposed to multiple price auctions.
Payments for the allotment are payable in full on application.
Minimum of N10,000.00 and multiple of N1,000.00, thereafter.
Investors can also access the FGN bonds after the Auctions in the secondary market through any of the broker-dealers on the FMDQ OTC Trading Platform or through Stanbic IBTC StockBrokers on The Nigerian Stock Exchange (NSE).
FGN bonds purchase is confirmed by electronic registration in the Central Bank of Nigeria’s Scripless Securities Settlement System or by issue of certificates, where required.
Interest is paid semi-annually until the maturity date when the principal amount is repaid.
Payment of interest is through issue of interest warrant (cheque) or direct transfer to current or savings bank accounts of the investor.
Bond holders who do not want to hold the bonds until maturity date can sell them at any time on the floors of the NSE or through, FMDQ OTC Trading Platform.

If you decide to sell before maturity?

Investors need not to hold on to the bond until maturity. If you need cash anytime during the duration of the bond, you can sell your bond in exchange for cash. However, the portion of the interest that you are not entitled to earn because you have sold will not accrue to you any longer. You will only be entitled to the interest earned between the day of purchase and date of selling the bond.

http://biznaira.com/131-2/