Guru what is the best stock to buy since I am already making lose with zenith, guaranty and ucap, what will be the best price to bid thanks.

Diyke4rich:
Guru what is the best stock to buy since I am already making lose with zenith, guaranty and ucap, what will be the best price to bid thanks.

Oga be calming down go and calm down first not yet a buy market in my own views

zimams:
What did they pay for interim dividend again?

UNITED BANK FOR AFRICA PLC - DIRECTORS PROPOSE A FINAL

DIVIDEND

OF N0.35 PER SHARE

* UNITED BANK FOR AFRICA PLC - FY GROUP PROFIT BEFORE TAX

131.86

BILLION NAIRA VERSUS. 111.29 BILLION NAIRA

If this is what UBA is paying then that stock may go south real soon, this is poor

zimams:
50% drop in dividend payout. Meaning that permutations around Dividend Yield based on N1 dividend is all in the water....

I'm personally upset by the opportunity cost of this investment. I could have fortified my Zenith holdings further.
UBA dea... dem fall hand sha..

Real opportunity cost....

The bank should have issued profit warning father care about their shareholders.

There about is 50% loss in the bank activities, which might have hindered their dividend payment. The group did well overall

zimams:
[Its unbeliveable as its disappointing...
I've been staring at the thing to see if its 0.85 they wanted to write and mistakenly wrote 0.35

quote author=PharmAlfred post=99721272]

NSE is a weird place. Don't be surpprise to see UBA go up within a short time. They did very well, so I wonder why they will be paying less dividend. It is still a surprise to me. We all anticipated a bad result from Nigerian companies but they turned the corner. Shareholders deserve better.

More dissections into the annual financial statement will give a guide.

Investors conference call will be an interesting one...the CEO will speak English taya

ZENITH:
Marked down....... opening price, N22.20

UBA Dividend Info:
Final Dividend: 0.35kobo
Qualification Date: 19th March, 2021
Payment Date: 1st April, 2021
http://www.nse.com.ng/Financial_NewsDocs/32564_UNITED_BANK_FOR_AFRICA_PLC%20DIVIDEND_ANNOUNCEMENT__CORP.pdf

It pays to have much money in this market.....
Let's see if Tony will come thru for UBA after a day or 2's dumping.........
If you picked high and you have some reserved funds, just wait for bottom price, then buy more to average down.....I'm sure UBA will have reason(s) for this low dividend.....

Chai! Oga Tony don carry our money go buy oil wells, sha there are consequences for bad behaviour Even dead FBNH might pay between 80-90k in dividend this year (I'm 70% certain of this but don't take my word as I could be wrong too).

Thankful for Zenith and GTB (in anticipation). Access fit surprise us too join, positively or negatively

seyisanya:
The offer will be very very full tomorrow!

It's so full that my offer is not even visible on the offer table. There seems to be an extra page(sheet) of UBA offers

chai !! UBA...see dumping. this dumping will still persist tomorrow oo. wahala 56% drop in dividends with no prior warning.

ACCESS:
Went as low as 7.20 on UBA's news.......but is back to 7.70 as @ now....

ZENITH:
Bids far outweigh offers.......with bargain hunters sighted at support on bid table.....

All attentions on GT, ACCESS and FBNH..........to see what they're coming up with in terms of Dividends....

seyisanya:
It's so full that my offer is not even visible on the offer table. There seems to be an extra page(sheet) of UBA offers

the offers seem to be piling up

Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares

Lets reason together;

*NPL (Non Performing Loan ratio) reduced in the year under review
* The Gross earning and profit after tax increased significantly
* No pending court case that that can claim up to 50 billion naira
* Directors of UBA are buying more shares
* Tony Elumelu and his family members are increasing their holdings in UBA


But at the end of the 2020 FYE, UBA declared a very poor dividend and on the other hand the company performance was sterling.

Ok nah, you want to begin to dump UBA shares because of poor dividend and thrash their good performance to teach the board small sense.

I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash and that is the reason the company has retained a large chunk of the 2020 profit.

Emndy:
the offers seem to be piling up

Tony and his guys are watching this space and they're coming to mop the offers at very low price.........let's keep watching........

*Updated* OFFERS MOPPED @7.20!!!

When we're advicing you against panic selling, it will be like Someone doesn't know what's up........

samguru:
Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares

Lets reason together;

*NPL (Non Performing Loan ratio) reduced in the year under review
* The Gross earning and profit after tax increased significantly
* No pending court case that that can claim up to 50 billion naira
* Directors of UBA are buying more shares
* Tony Elumelu and his family members are increasing their holdings in UBA


But at the end of the 2020 FYE, UBA declared a very poor dividend which is not as a result of poor performance.

Ok nah, you want to begin to dump UBA shares because of poor dividend and thrash their good performance to teach the board small sense.

I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash and that is the reason the company has retained a large chunk of the 2020 profit.

the MM is already fighting back

im loving the season film.

lolllllllllllllllllllllllllllllllllll

robobo:

the MM is already fighting back
im loving the season film.
lolllllllllllllllllllllllllllllllllll

Tony and his guys in action!!!
He always come to save/stabilize this kind of situation.......
It's Tony against dumpers today......

Emndy:
chai !! UBA...see dumping. this dumping will still persist tomorrow oo. wahala 56% drop in dividends with no prior warning.

Dividends don't lie,and this speaks a lot,A conference call might bring some respite sha.This dumping will present a good opportunity for bargain hunters soon

robobo:


the MM is already fighting back

im loving the season film.

lolllllllllllllllllllllllllllllllllll

No matter the amount of patching, a stock will still do what it will do

Mcy56:

Tony and his guys in action!!!
He always come to save/stabilize this kind of situation.......
It's Tony against dumpers today......

abt 70m unit already exchanged hand

we might be seeing up to 100m units exchange hand today

nd possibly another 50m 2moro den calm might set in

The only stock I hold in my portfolio disslappointed me. UBA shocked me ooh

Another angle...
This one caught guys pants down..

samguru:
Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares

Lets reason together;

*NPL (Non Performing Loan ratio) reduced in the year under review
* The Gross earning and profit after tax increased significantly
* No pending court case that that can claim up to 50 billion naira
* Directors of UBA are buying more shares
* Tony Elumelu and his family members are increasing their holdings in UBA


But at the end of the 2020 FYE, UBA declared a very poor dividend which is not as a result of poor performance.

Ok nah, you want to begin to dump UBA shares because of poor dividend and thrash their good performance to teach the board small sense.

I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash and that is the reason the company has retained a large chunk of the 2020 profit.

Mcy56:

Tony and his guys are watching this space and they're coming to mop the offers at very low price.........let's keep watching........

OFFERS MOPPED @7.20!!!

When we're advicing you against panic selling, it will be like Someone doesn't know what's up........

Madam, let Tony and his guys come and have it. I'll be back when the time is right. I'm a long term investor and my dividends are very important. In my case, this is not panic selling. I just need to reduce my position in UBA for the obvious reason.

There're a few other opportunities in the market so no sentiments here. Besides, I bought very low so no loss at all. It's still a winning game!

Yet to receive vitafoam dividends,please is anyone experiencing the same

robobo:
abt 70m unit already exchanged hand
we might be seeing up to 100m units exchange hand today
nd possibly another 50m 2moro den calm might set in

Let's not be surprised if UBA closed around N8 today........
They've not even spent N1B yet nah........
At least I'm loving the fact that they're working towards protecting values and preventing massive shedding so far........at least let them stabilize it first......

UCAP:
On its way to N5, not expected to stay long below 5.......all things been equal....

samguru:
Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares
Lets reason together; I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash .

No matter how we cut this scenario, its insensitive on the part of UBA to cut dividend payout, if you cant increase dividend then you should maintain status quo. With naira losing value by an average of 10% per annum and with real market inflation at 30%, every investor should be concerned about the annual return and inflow on their investment. With the way Nigeria is going there is no guaranty that future investment by UBA will yield superior return, we are all just taking risk. My motto now is "Na wetin bird chop na him he go take fly".

robobo:


abt 70m unit already exchanged hand

we might be seeing up to 100m units exchange hand today

nd possibly another 50m 2moro den calm might set in

old boiiiiiii

my 100m sales forecast already bursted

we might be doing the 150m sales today

a single sale of 7.5m unit just happened now

Who is bankrolling Dangsugar

robobo:


old boiiiiiii

my 100m sales forecast already bursted

we might be doing the 150m sales today

a single sale of 7.5m unit just happened now

Normalcy will soon return by Friday

PharmAlfred:
UBA made more money in 2020 but are paying less dividend. Total of N.52 as opposed to N1 paid last year.

May be 2021 will be the real ghetto.

At this rate, it is only God that knows what Access Bank will do.

Dividend hunters got it wrong this time.

Thank God say somebori don carry his kaya tey tey . A bird in the hand....No time to check time. Once beaten...

Hello All,

I am unable to trade my LASACO. Please what is happening?

Any clarification will be appreciated.

Either the company wants to re-invest the profit *OR* it is an 'audio' profit.

Still, it is a total disregard for your long-term investors to cut dividend so dramatically whilst also reporting improved results.

samguru:
Before you press that SELL button on UNITED BANK OF AFRICA PLC (UBA PLC) shares

Lets reason together;

*NPL (Non Performing Loan ratio) reduced in the year under review
* The Gross earning and profit after tax increased significantly
* No pending court case that that can claim up to 50 billion naira
* Directors of UBA are buying more shares
* Tony Elumelu and his family members are increasing their holdings in UBA


But at the end of the 2020 FYE, UBA declared a very poor dividend and on the other hand the company performance was sterling.

Ok nah, you want to begin to dump UBA shares because of poor dividend and thrash their good performance to teach the board small sense.

I strongly believe UBA is embarking on investment drive in 2021 that will require alot of cash and that is the reason the company has retained a large chunk of the 2020 profit.

ukay2:


Normalcy will soon return by Friday

At N6.50k

Pls is it advisable to buy zenith now or wait.
Thanks house