fidtopade:
I have some cash with me that I am not going to use soon. So I am seeking opinion of gurus in the house on the best amongst these companies shares to invest for a period of seven to eight months: WAPCO, ETI, FBNH, FIDELITY BANK and GUIENESS BREWERY. note, I will be hoping to cash out between March to May 2021. Thanks in anticipation of your opinions.

Back to this question.
* How many stocks do you plan to invest on - is it one, two or three?
* Are you targeting dividend or price appreciation?
* Why the choice of only 5 stocks?

*** For Guiness, I'll suggest you don't go there since your target is 8 mths, breweries will benefit long termers mostly.

ukay2:
Send reminder to the Registrar.

Did same with Veritas so years ago....I got alert so te I tire with different alerts for about 8 yeras dividend arrears

Doc hope you're a tithe payer?
Exactly what dropped in my mind immediately I read this post.
Also, are you a Med. Doc in reality? I referred to you as Doc cos I've read lots of comments referring to you as such. No vex o.

olayinmol:
Good evening great minds , kindly help with advise on investing on fidelity bank for dividends purpose .

I will also appreciate recommendation on penny stock with good dividend payment like Ucap.

Thanks sir.

buy vitaform if the price fall to ur penny stock defination

Let me do oversabi and answer for him.
Yes, na real doctor he be, I asked him before and he answered in the affirmative.
As per the bolded? How does that help in terms of dividends or share price appreciation? I am asking for one of my friends like that.

Mcy56:

Doc hope you're a tithe payer?
Exactly what dropped in my mind immediately I read this post.
Also, are you a Med. Doc in reality? I referred to you as Doc cos I've read lots of comments referring to you as such. No vex o.

ositadima1:


Be a little more professional, show us some statistics, do you have data to backup ur assertions. I am not saying u are wrong though.

I knew my second paragraph might interest you since you are from a mathematical/statistical background.

All available data can be found at the CBN and our stock market sites respectively. All I needed to do what cross-check the data of FPI inflows/outflows with the bulls/bears and make my conclusion. Anyone can do it. It's public info.

Maybe you can help with a graphical representation. It's not my forte.

ojesymsym:
Let me do oversabi and answer for him.
Yes, na real doctor he be, I asked him before and he answered in the affirmative.
As per the bolded? How does that help in terms of dividends or share price appreciation? I am asking for one of my friends like that.

Thanks for the response. Dont mind me and my oversabi too.
As for the tithe issue, tithe paying brings blessings to those who believed in its payment.
In terms of how it assists div/price appreciation, arhhh, maybe coy owners and pastors fit answer you here............but if coy is blessed you get blessed in return sha.

ukay2:
If your not investor, wetin you be before Ma....

Was referring to div investors there.
Sone short termers collect their dividends on the floor.
May buy and sell before markdown or key-in after markdown and sell when it appreciates later.

Redoil:


What about conoil

I don't think conoil is seen as penny stocks by most investors going by what is generally referred to as penny stocks in terms of share price.

Mfunkynation:
pls who has the best way to contact united securities LTD.. I need an update on the status of e-dividend mandate form I submitted via their portal

United Securities now have an online e-div activation system in place, maybe you try and see if there's a section you can check status of submitted form.

Mcy56:
I thought Veritas is one of the good ones?
Anyway, it should be easier going forward.....since they have online platform for e-div submission.

Correction @ the bolded:
It's United Capital and not Veritas.

nna777:
FPIs determine our market movement not PFAs.
We will cross-check by end of this quarter when CBN releases the inflow for the month of September.

Okay thanks....though dont totally subscribe to what you said but do keep us updated.

nna777:


I knew my second paragraph might interest you since you are from a mathematical/statistical background.

All available data can be found at the CBN and our stock market sites respectively. All I needed to do what cross-check the data of FPI inflows/outflows with the bulls/bears and make my conclusion. Anyone can do it. It's public info.

Maybe you can help with a graphical representation. It's not my forte.

You are referring to this link on NSE website:
http://www.nse.com.ng/market-data/other-market-information/foreign-portfolio-investment-report

Ok, I will collate the data and check for patterns later.
Also, I looked at a few months and I noticed;
1. Domestic transactions outweighs foreign transactions.
2. On the foreign transaction side outflows are higher than the inflows(July to April 2020)

Anyway, thanks for pointing me in this direction, very useful info.

Mcy56:

United Securities now have an online e-div activation system in place, maybe you try and see if there's a section you can check status of submitted form.

No way to check... I have sent mail to them. it's up to 1 week now no reply or feedback from them. This is very poor from them.

FLOURMILL consolidating with serious single unit deals

emmasoft:


I don't think conoil is seen as penny stocks by most investors going by what is generally referred to as penny stocks in terms of share price.

would you advice me to buy conoil for stock price appreciation

Redoil:


would you advice me to buy conoil for stock price appreciation

conoil is not always on my radar. I don't have figures to make decision on it.

emmasoft:

conoil is not always on my radar. I don't have figures to make decision on it.

i have done my own due diligence but i will follow you

Thanks boss

emmasoft:


You already mention them, just add Afriprud to Fidelity and Ucap. base on last dividend paid you have between 11 to 17% dividend yield.

Mfunkynation:

No way to check... I have sent mail to them. it's up to 1 week now no reply or feedback from them. This is very poor from them.

Nah wa for this Veritas o.
I think you shouldnt give up, maybe you should send the mail with SEC in copy just like some did here.
Also, see if your broker can assist you to reach to them, they always have their person in the registrar's office.
Which broker are you using?

.

emmasoft:

conoil is not always on my radar. I don't have figures to make decision on it.

apart from banking stock which other stock will you advice me to buy manufacturing is out of it

GTB: 26 now................seems the holdco will have positive and not negative effect on the stock.
The accumulation and resilience of the stock around this time is positive.
With renewed interest and Stanbic staying in the 40 region, GTB will close the gap small.
Think I've said this before...........based on observation of market situation.......
Pls, this is just my opinion.

Mcy56:
Seems some funds are codedly entering NSE in some selected stocks................or is it my imagination?
Doesnt looks like they're running away.
Zee: 36M volume at 16.70 so far, MTNN 12M, UBA, FBNH, GTB, Fidelity........
Let's keep watching.......
*modified*

Posted on Sept 22........

AIICO Insurance has been marked down for bonus issue

@Peterichy did I tell you about Star Larger or not?
You see, this our market can be very funny sometimes.

samguru:
AIICO Insurance has been marked down for bonus issue

Full bid now.
@80-82kobo wouldnt be a bad pick in my opinion.

Where is Oga Onegentleguy by the way? Guess on summer vacation.

Mcy56:

Full bid now.
@80-82kobo wouldnt be a bad pick in my opinion.

Where is Oga Onegentleguy by the way? Guess on summer vacation.

This stuff is going to at least N1.00 after the conclusion of the rights.

austinkenneth:
This stuff is going to at least N1.00 after the conclusion of the rights.

Yes. It's going back..........moreso with the recapitalization still coming up self.
Anyone interested and will see Aiico at 79kobo should pick it.

Mercy,

Thanks for sharing your insights. What do you think is holding Zenith back?

Mcy56:
GTB: 26 now................seems the holdco will have positive and not negative effect on the stock.
The accumulation and resilience of the stock around this time is positive.
With renewed interest and Stanbic staying in the 40 region, GTB will close the gap small.
Think I've said this before...........based on observation of market situation.......
Pls, this is just my opinion.

This one Julius Berger is diversifying to agriculture, are they going to buy any of the quoted companies in agriculture business?

lexy2lexy:
Mercy, Thanks for sharing your insights. What do you think is holding Zenith back?

Leave Zee if you have it, especially when you see GTB moving, i dont think you should worry much, it will move at its own time and pace. Na one somehow stock.

Just my opinion.

WAPCO at the verge of N14 naira, gained 60kobo so far to close at N13.80 . We will ride this one to the promised land and at this rate a market price of N20 is achievable by year end. Some heavy funds definitely entered the market today. As Most Premium stocks are on green.