I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry

megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry

What is your yearly entry?

You may need to make an exception for United Capital this time around. Q4 EPS alone is 72kobo, if the feat is repeated in Q1, 2021 be sure that UCAP will not sell under N5 for a very long time and if the trend is sustained through the next 3 quarters in 2021. N1 dividend may be feasible in 2021 FS.

megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry

AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also.......
Na crime to declare dividend ni?
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance.....

NSE UPGRADES AFRIPRUD TO MEDIUM PRICE STOCK..........
From Low Priced to Medium Price Stock...

https://thenationonlineng.net/nse-upgrades-africa-prudential-to-medium-price-stock/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321468+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186


***The silence here is scary***
E Ku Market oo.

megawealth01:
I always laugh when certain stocks are hyped because they were pumped... I'm waiting for UCAP, WAPCO, AFRIP, GUINESSS etc... They must bow to my yearly entry

After profit-taking, na to change strategy to bargain-hunting. Peter don dey get disciples small small be that

yMcy56:
Did some findings too and got to know that Lasaco would be doing share reconstruction of one for every 4 held. No info on this in NSE corporate disclosure.

Unlike Mansard who gave bonus to take care of the reconstruction plan, there's no info on bonus issue or whatever on the part of Lasaco.
If Lasaco should get to 40kobo pre-reconstruction for instance, the post reconstruction price will be 4*40kobo = N1.60.

My concern is: How Mr. Market will handle this kind of price for insurance coy post reconstruction. Think there's need for caution here.

LASACO getting much bash.ing........
This concern was earlier raised too..........now it's happening......
The timing was wrong, the process was not well thought out........a cushion effect should have followed the reconstruction immediately........
Hope MM/the Coy will come to shareholders' rescue here.......

Mcy56:
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also.......
Na crime to declare dividend ni?
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance.....

for UCAP, i believe market participants have already priced its impressive performance in 2020 into the coy's share price, looking at how it increased from N3.75 to N6.05 in 4 months, hence for the share price of UCAP to stay comfortably above N6.5 and even test or breakthrough N7 then we need something extra, from the company in Q1 and Q2 2020 in terms of earnings during this period, and this I believe is a possible feat for the company, looking at how UCAP's managed fund increased in 2020 alone.


For Afriprud in my own perspective o, the company's case na major shock for investors, the shareholders i guess didn't expect AfriPrud to declare a dividend as low as 0.50k which the board declared.

anyhow it is make both of them sha fall after dividend payment be my own concern, and based on words on this street that's likely to happen.

Mcy56:



***The silence here is scary***
E Ku Market oo.

Some people here moved some funds to crypto. since yesterday Bitcoin has been receiving serious thrashing. It has already lost ~$10k.

Generally across board, market isn't smiling

dpacificheraclx:
for UCAP, i believe market participants have already priced its impressive performance in 2020 into the coy's share price, looking at how it increased from N3.75 to N6.05 in 4 months, hence for the share price of UCAP to stay comfortably above N6.5 and even test or breakthrough N7 then we need something extra, from the company in Q1 and Q2 2020 in terms of earnings during this period....

For Afriprud in my own perspective o, the company's case na major shock for investors, the shareholders i guess didn't expect AfriPrud to declare a dividend as low as 0.50k which the board declared.....

You're right!
Afriprud fell below investors's expectations........ especially with UCAP releasing result before them......Higher dividend than UCAP's was expected.......
I as a person wasn't expecting anything extra-ordinary from AFRIPRUD going by their Q3 performance, which was somehow flat............but just know they'll try as well........Afriprud will still bounce back, 2020 was a challenge for most coys.

As for UCAP, Q1 will do the coy a lot of good if there's improved result...........with this, the Stock might not visit below N5 again......all things being equal.

*** I think from tomorrow, whosoever is waiting for bargain in Afriprud .....and also want to take part in dividend should start buying***
**This is just my opinion, DD is adviced**

Mcy56:
NSE UPGRADES AFRIPRUD TO MEDIUM PRICE STOCK..........
From Low Priced to Medium Price Stock...

https://thenationonlineng.net/nse-upgrades-africa-prudential-to-medium-price-stock/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321468+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

If this is effected, it means that those waiting for below #5 will wait forever even after dividend.

Mcy56:

You're right!
Afriprud fell below investors's expectations........ especially with UCAP releasing result before them......Higher dividend than UCAP's was expected.......
I as a person wasn't expecting anything extra-ordinary from AFRIPRUD going by their Q3 performance, which was somehow flat............but just know they'll try as well........Afriprud will still bounce back, 2020 was a challenge for most coys.

As for UCAP, Q1 will do the coy a lot of good if there's improved result...........with this, the Stock might not visit below N5 again......all things being equal.

*** I think from tomorrow, whosoever is waiting for bargain in Afriprud .....and also want to take part in dividend should start buying***
**This is just my opinion, DD is adviced**

Please what do you think is the cause of the big fall in Wapco? Any hope in sight?

Mcy56:
AFRIPRUD and UCAP:
How did these stocks offend Mr. Market?
The one that declared fat bonus is chopping beating, the one that declared lesser also.......
Na crime to declare dividend ni?
Anyway, think it has to do with the period these dividends came in........by the time the big ones started declaring theirs, investors will appreciate UCAP/AFRIPRUD's dividends......
My Opinion......if you're seated in the bus, stay put, collect your dividend and do siddon-look (for those who bought at higher price especially). If you have more funds, buy more at dip........Bull won't pass in front of these ones without doing obeisance.....

Well, I'm not surprised at the development as I've seen it happen my times when the market negatively reacts to positive results. It is even better as UCAP price earlier went up as soon as the news of the dividend hit the market until yesterday. I have a strong feeling that some investors are moving their funds gradually from the equity market to the fixed income market as it is becoming attractive.
Long-term investors should have no cause for alarm especially those entered at low prices and picked dividend stocks . However, short-term investors who seem to be caught unawares should reconsider their strategy now, the earlier the better

YourhealthNG2:

Please what do you think is the cause of the big fall in Wapco? Any hope in sight?

WAPCO is undergoing price correction in my opinion.
Also, theres lull in the market for now, so you can't expect Wapco to be moving in isolation.

**Also note that Wapco is an 'upcoming' stock, came out of the wood, on its recovery path and "promising" if they continue on the right track/ delivering per expectations.
The stock is also enjoying positive sentiments currently............ BUT, I think it went to over-priced region @N30 for the time being.

** Na my opinion be this ooo, I may be wrong. ........but if bull comes, Wapco will also ride with it**

Monibabakan:
Well, I'm not surprised at the development as I've seen it happen my times when the market negatively reacts to positive results. It is even better as UCAP price earlier went up as soon as the news of the dividend hit the market until yesterday. I have a strong feeling that some investors are moving their funds gradually from the equity market to the fixed income market as it is becoming attractive.

Another good perspective too.

I want to believe that those prices will still move up after some bashing..........at least before dividend payments.
I may also be wrong because Mr. Market has a mind of its own. Let's see how March will be, God willing.....

No more charts for Nsempa.......maybe it will return some day.

UCAP:. Bids increasing and moving gradually.......touched N6 earlier.........Guess the fixed income guys has also contributed to the shedding of prices........
AFRIPRUD: Some bargain hunters also picking at N5.95.........

MANSARD: Touched N1.06 earlier and bounced back......

**This is just observation. Not any form of advice**

GUINNESS NIGERIA PLC

samguru:
GUINNESS NIGERIA PLC

How far with this nah?

But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.

nna777:
But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.

Market players no dey joke with dividend matter

Mcy56:

WAPCO is undergoing price correction in my opinion.
Also, theres lull in the market for now, so you can't expect Wapco to be moving in isolation.

**Also note that Wapco is an 'upcoming' stock, came out of the wood, on its recovery path and "promising" if they continue on the right track/ delivering per expectations.
The stock is also enjoying positive sentiments currently............ BUT, I think it went to over-priced region @N30 for the time being.

** Na my opinion be this ooo, I may be wrong. ........but if bull comes, Wapco will also ride with it**

Thanks

Mcy56:

How far with this nah?

More people are getting to know about the information shared earlier and that may be the reason the trading volumes have increased. If not for the bearish sentiment in the market, the share price of guinness would have appreciated to #30.

nna777:
But this trashing in Afripud is brutal. Ontop 20k difference in dividend. It has already lost #1.35k.
This should give a clue to what will happen to coys that don't improve on previous dividend.

In fact, the thing don dey cause fear self.........with the way they started with these two.
Let's hope it doesn't continue this way, hence na to wait for Dividend announcement first o.
These Tony stocks showed me something in the past.......though it still bounced back and appreciated at the end.
This is one of the places I learnt patience.

ENTRY PRICE
UCAP 5.20
TOTAL 128
ARDOVA 15
AIICO 1.00
GLAXCO 6
WAPMCO 22

The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf

Lion123:
The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf

Was about to post about the attention it's currently getting.......
Up with over N1 now........
Lets see if tradition won't repeat itself here.......

Lion123:
The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf

how much dividends

Zenith bank shaaaa
N71.3 billion in Q4.
How can one bank make more money in one quarter than FBNH in one year.. �

Princkez:
how much dividends

N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.

Massive results.

GoddyOra:

N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.

Massive results.

nice one ZENITH

GoddyOra:
N2.70 per share plus N0.30 per share as interim dividend all equating to N3.00 for the financial year.
Massive results.

Pa Emma was very correct here.....
Congrats to those that picked Zee ......... especially @17 and below......