₦airaland Forum

i wonder where their result is o. But from their few press releases, the cfo made mention of their claim expenses reducing by almost 50%. and their Qtr3 result showed a similar amount in gross premium with 2018 (est~ 10bn year 2019). But lets not forget they completed their right offer, hereby diluting EPS. im comfortable reloading at the current price of 20kobo, and sitting for the very very long run based on a personal strategy. their are better deals in the market for now, so only the leftover funds from other trades can i use for STI.

yom2:
how far for sovereign trust bro any hope?

Sovereign Trust Insurance Plc said it paid N2.76bn claims to is various insured spread across the country in 2019.

The company’s spokesperson and Head of Sales and Corporate Communications, Mr Segun Bankole, said this was from a figure of N4.2bn claims paid in 2018.

https://punchng.com/sovereign-trust-pays-n2-76bn-claims/

maishai:
Oga mi forget FIDSON and other pharmaceutical Companies in Nigeria, They dont do R&, and even If they end up producing any drug for COVID 19 it will be after Patents have run out

Fidson and gsk will be saying there is lifting up when other stocks will say there is casting down.

Technicals will push these pharmaceutical companies to a very high price in the near future.

Just keep your eyes on the health sector especially these two.They are not feeling any heat of this lockdown instead they are making more sales than before.

I am not a long termer but my attention is drawn to this sector for short term jijo.

locodemy:
Just keep your eyes on the health sector especially these two.They are not feeling any heat of this lockdown instead they are making more sales than before.

I feel the profitability potential of the healthcare stocks are overrated as far as the Covid19 lockdown is concerned. I also dont see any special gain they might have made from the lockdown . The number of patients being treated for Coronavirus are too minimal to command any major profit for them. Many people were even more healthy during the lockdown because they were not exposed to environmental hazards and parasites like mosquitoes. Hope we also know that every Nigerian has turned to producers of sanitizers and face masks?

Furthermore, i dont think any Nigerian firm even has the gut at the moment to research a vacinne or cure for Coronavirus like Gilead Sciences in the USA is doing, that would have been the money spinner. A favorable government policy towards importation of drugs can also wipe out any potential profit that accrue to that sector. If you think that is not possible think again as we have a clueless government in place for now. All they need is IMF threatening them, they will open the border.

That said, investors should plan their trade and trade their plan nobody knows it all in this market. Just a different perspective.

I beg the house to please give me Non performing loan of each bank pls. I need it pls.

jideflash:
Sovereign Trust Insurance Plc said it paid N2.76bn claims to is various insured spread across the country in 2019.

The company’s spokesperson and Head of Sales and Corporate Communications, Mr Segun Bankole, said this was from a figure of N4.2bn claims paid in 2018.

https://punchng.com/sovereign-trust-pays-n2-76bn-claims/

Learnt insurance companies plan to recapitalize and that may affect dividend payments

daddymgg:
I beg the house to please give me Non performing loan of each bank pls. I need it pls.

Oga, make google your friend！

Access Bank Will Remain Profitable in 2020—Fitch
https://businesspost.ng/banking/access-bank-will-remain-profitable-in-2020-fitch/

COVID-19: SEC Uses Fintech to Regulate Capital Market
https://businesspost.ng/economy/covid-19-sec-uses-fintech-to-regulate-capital-market/

Nestle Nigeria Q1'20 Profit Drops Despite Lower Finance Costs
https://businesspost.ng/economy/nestle-nigeria-q120-profit-drops-despite-lower-finance-costs/

FBN Holdings, GTBank, Zenith Bank Stocks Entice Investors
https://businesspost.ng/economy/fbn-holdings-gtbank-zenith-bank-stocks-entice-investors/

CBN Urges Investors Not to Panic Over Forex Repatriation
https://businesspost.ng/economy/cbn-urges-investors-not-to-panic-over-forex-repatriation/

CSCS Fixes May 22 for AGM to Approve Dividend, Others
https://businesspost.ng/economy/cscs-fixes-may-22-for-agm-to-approve-dividend-others/

Pls when is WAPCO payment date

Princkez:
Pls when is WAPCO payment date

Tuesday, 26th May 2020.

anjilgreat:
Tuesday, 26th May 2020.

thanks

AIICO update!
http://www.nse.com.ng/Financial_NewsDocs/29943_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

Dividend - 0k/share
Bonus - 1 for 5

bigjay01:
AIICO update!
http://www.nse.com.ng/Financial_NewsDocs/29943_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

Dividend - 0k/share
Bonus - 1 for 5

Chai! Where is that person that was projecting 20 to 25k dividend? AIICO has done what they are good at and that's pay no dividend.

PharmAlfred:
Chai! Where is that person that was projecting 20 to 25k dividend? AIICO has done what they are good at and that's pay no dividend.

Is a 1 for 5 bonus not better?

At a second look, this AIICO management is very stingy. They are on e of the few companies who have comfortably;ly met NAICOM'S recapitalization deadline....YET NO DIVIDEND. Bonus or no Bonus, There should be dividend.

In this phase of endless shares engineering by the management. The dividend is a very good bird in hand.

austinkenneth:
Is a 1 for 5 bonus not better?

So since no dividend, will there be any Mack down for the bonus?

PharmAlfred:
Chai! Where is that person that was projecting 20 to 25k dividend? AIICO has done what they are good at and that's pay no dividend.

At today's price, the bonus is worth about 18k/share.

lmm4real:
So since no dividend, will there be any Mack down for the bonus?

deleted

bigjay01:
At today's price, the bonus is work about 18k/share.

At the current rate, it is far better, abeg when is qualification date, make I buy more jare.

Like play like play Ankara oil don gain 50% within 2wks

BARGAIN HUNTERS TAKE NOTE

bigjay01:
AIICO update!
http://www.nse.com.ng/Financial_NewsDocs/29943_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

Dividend - 0k/share
Bonus - 1 for 5

Audio earnings,Management use style dilute owners equity, I know they will soon be in d market for funds, even 1k they did not give back....aiico will definitely sub 40k b4 year end

We understand the absence of OGG but where is Marlianinvestor? I miss those two guys.

maishai:
Audio earnings,Management use style dilute owners equity, I know they will soon be in d market for funds, even 1k they did not give back....aiico will definitely sub 40k b4 year end

At least before then, I go don japaaa

Can FBNH do a solo run?

Watch MTN closely. Those guys are amazing tones of money this period.

PharmAlfred:
Can FBNH do a solo run?

Watch MTN closely. Those guys are amazing tones of money this period.

I think fbnh q2 might give a hint as to the recent rise in volume

StanbicIBTC and Guinness should move o.....

Gander:
Is this also stock pick alert?

What's in there, is more valuable than any thing you can imagine

BAMOFIN1:
We understand the absence of OGG but where is Marlianinvestor? I miss those two guys.

I sorely miss OGG. I can’t pretend about it.
People only stone a tree that bears fruit.
#SadReality

thebargainhunte:
Oga veecee

dinyelutochukwu:
I sorely miss OGG. I can’t pretend about it.
People only stone a tree that bears fruit.
#SadReality

Exactly! They cannot add value but always quick to talk down valuable people.

dinyelutochukwu:
I sorely miss OGG. I can’t pretend about it.
People only stone a tree that bears fruit.
#SadReality

... folks never value who they have till they miss them

On edividend form, what does shareholder number refer to pls, is it Cscs number?