seyisanya:
My Oga madam, one can easily predict the stocks in your portfolio through your comments . I hail ma!

Lol.
When I saw huge volume, I just bought tashere units, make dem no pass me by.

Don't use my comments to judge my stocks all the time anyway.

Princkez:
thanks,just sold some still have about 90%

That's good.

Princkez:
Wapco on full bid...just sold some @9.20 this morning

No time for lamentations at all my dear !!
Just "paddle along", and u'll find that there are several other "big fishes in the water" right now.

There are also a few other bargains.
...look well.

Mpeace:
Na this one you call full bid? The bids no plenty naa. If I put my small units up for sale e go just enter offer sharply.
On another note, I am not too impressed with this result. Q3 2019, profit after tax was 20billion with EPs at 1.28. Now full year profit after tax is now 22billion EPs 1.44. It shows they only made 2billion in q4. That's not too good.
I am also disappointed at the dividend declared. To be sincere with you I expected N4 and above, given the earnings from SA business disposal but they would rather send all to their parent company by way of debt servicing.

I can remember you saying they should pay up to N4 dividend too, more reason my faith was up too, that at-all at-all, they will pay N2 to N2.50.
We should however still commend them for paying N1. What if they decided not to pay at all?
In my opinion, paying part of the loan is a good course in a good direction too.
With time and over years, the dividend should increase, all things being equal.
We're observing how Mr. Market will handle it.

Coolcash1:


My worry with NB is the stiff competition from IB and other cheap brands in their industry and difficulty to prune operating costs.

Caution is recommended on this stock.

U go dey there, NB go leave u waka !!

If I can spare the time, I might do an analysis on the coy.
There are positives that supports why an entry now can bring about a good reward margin.
But like I said before; It's a mid to long term play and not for the short term.

Regards

Prices are reluctant to move up despite huge volumes, what do we call this now?

** I hope I'm not too quick to jump into Fbnh at N4.

Princkez:
thanks...just about 10% of what I have,90% still intact

Ok... that's good.
Thought u sold off ur entire holding.

Coolcash1:
My worry with NB is the stiff competition from IB and other cheap brands in their industry and difficulty to prune operating costs.
Caution is recommended on this stock.

Huge transactions and cross bids are ongoing in NB.
Oga Oracle also gave a price of 22+ or something, I blvd he must have done some home work.
It may not be far from the bottom again or may have actually reached.
Just my observation.

Mcy56:

I can remember you saying they should pay up to N4 dividend too, more reason my faith was up too, that at-all at-all, they should pay N2 to N2.50.
We should however still commend them for paying N1. What if they decided not to pay at all?
In my opinion, paying part of the loan is a good course in a good direction too.
With time and over years, the dividend should increase, all things being equal.
We're observing how Mr. Market will handle it.

The thing be say I don already plan for the money. Chain see money wet I for use buy enough zenith. Na Zenith bank dey my mind all weekend. The stock looks too too good for dividend purposes. Its better than tbills have given in many years.

Mcy56:
Prices are reluctant to move up despite huge volumes, what do we call this now?

**I hope I'm not too quick to jump into Fbnh at N4.

Ma, it's called entry quickie

Mcy56:

Huge transactions and cross bids are ongoing in NB.
Oga Oracle also gave a price of 22+ or something, I blvd he must have done some home work.
It may not be far from the bottom again or may have actually reached.
Just my observation.

I also saw it oh. The thing too much

seyisanya:
Ma, it's called entry quickie

Mpeace:
I also saw it oh. The thing too much

Yes. Almost full bid self.

Mpeace:
The thing be say I don already plan for the money. Chain see money wet I for use buy enough zenith. Na Zenith bank dey my mind all weekend. The stock looks too too good for dividend purposes. Its better than tbills have given in many years.

Lol. Planning for a money in which you're not one of the board of directors of the coy.

Coolcash1:


My worry with NB is the stiff competition from IB and other cheap brands in their industry and difficulty to prune operating costs.

Caution is recommended on this stock.

The brewery sector is struggling, the competition from IB killed IB. International Brewery is currently on life support

NB is well positioned to lead the sector.

Seunn11:
Help my portfolio, people.
My Zenith is now in red to the tune of 25m. Help!!! UBA is 6.5m loss.

All those giving you advice don't know you're just troll.ing.
Screenshot of the loss position or idonbilfit.

WAPCO: 75.9% drop in loan and borrowing...this is massive!

Coolcash1:
WAPCO: 75.9% drop in loan and borrowing...this is massive!

Wapco, getting better from now on.....

WAPCO: 75.9% drop in loan and borrowing...this is massive! Impressive cashflow growth from negative to positive. wow!

I think I've been overgreedy. Waitied for Zenith to enter the 10 mark this week na so baba sly me enter 12.05.

Access: about to take the last leg for today.
They're bent on moving the bus northwards by all means.......
Best jijo around this time so far. Went on 3 trips already.

Caveat: Just observation.....

Mcy56:
Access: about to take the last leg for today.
They're bent on moving the bus northwards by all means.......

Sis Mcy.. Is today the last day for div qualification ?..Thanks

Coolcash1:
WAPCO: 75.9% drop in loan and borrowing...this is massive! Impressive cashflow growth from negative to positive. wow!

Proceeds from the sale of the loss making South African business was used to reduces theirs debts

lancee:
Sis Mcy.. Is today the last day for div qualification ?..Thanks

NO. I was referring to today's high (price).

Qualification is still April 14th.

Mcy56:

NO. I was referring today's high (price).

Qualification is still April 14th.

Oh ok got you

lancee:
Oh ok got you

Qualification for fcmb is also 14th April.

emmanuelewumi:


Proceeds from the sale of the loss making South African business was used to reduces theirs debts

Its actually a mix of proceeds from rights issue and the disposal.

emmanuelewumi:


Proceeds from the sale of the loss making South African business was used to reduces theirs debts

Outstanding shares also increased from 8.6 billion in 2018 to over 16 billion in 2019.

Meaning the company also raised funds either through right offerings or some of the loans were converted to equity between 2018 and 2019

Mcy56:

Qualification for fcmb is also 14th April.

Noted ..Thanks for the heads- up

IYGEAL:


Investors are funny. They would be lining up to bid at 9.75 when there are offers at 9.80.

Tomorrow same investors would be scrambling to buy at more than 10 naira per share

There is new information so not entirely irrational.

Coolcash1:


Its actually a mix of proceeds from rights issue and the disposal.

Yes

I have few units, but I am not up to date with happenings in the company



How much did they realise from the sale of the South African business?

Double post