₦airaland Forum

[quote author=Krisuba post=90027598][/quote]Calculation of share price after dividend and bonus is very simple.

If UBA declares 3 for 1 also a dividend of N1 and close price on qualification date is N10.

1. Adjust for the dividend from the share price. 10-1= 9
price exdiv is N9

2. the curent value of 3 becomes 9x3= N27

3. Since with the addition of 1 share plus the existing 3 make for 4 number shares.

4, The value for 3 = 27 in (2) the value for 4 ( Owned and bonus ) would still remain 27,
the number of unit owned has changed but the value would be constant to (what was previously owned before the bonus)

5, The value for 3 would now be divided by 4, to give per unit new share value. in this case 27/4 = 6.75 per share.

I am eventually released from this banned. This thing is just not working well.

Trading the path of money flow is the best recommendation

Graciously following FPI too much money is coming, demand would soon outweight

supply.

RabbiDoracle:
There is no second wave. No mind them.

Heat wan kee people for here. They should prepare for powerful hurricanes, typhoons, landslide after this heat.

My fear is the excess liquidity. It is worst than the coronavirus sef. But I will enjoy it (as they bring it in NSE) while it last.

Nkemjika!

Due diligence advised. There is
panic if someone could study the financials very well with COVID, price war and the environment the coy operates expect the worse,
before the better.

Be your brothers keeper, as much as you can

Oracle, Sorry, I dont have such power. It is Nairaland system malfunction .

I was also wondering here why my post was not completed. I CANNOT EDIT YOUR POST.

RabbiDoracle:
I wrote something and you edited my post to include what I did not write.

Is this how you people behave here? See the screenshot of what you sent.

You said so. Intendy should scout for assistance very soon.

RabbiDoracle:
Gradually the list is getting longer

Sister, Good for your clarification,

One of your gifts is ability to write well.
Hope you will explore it. Have a nice weekend.

Mcy56:
Boss, it should be a mistake.
If you notice, he quoted Agba, he's referring to him, I wanted to correct him but forgot.
You're becoming a household name niyen sir.

I thought as much you will pick this up

RabbiDoracle:
I know you are not irresposible to put all your eggs in one basket,

Please mind how you write untruths. When did I say people should sell everything and buy UACN?

I hardly give a recommendation on non-banks except in special situations.

Kindly produce the post supporting your claim.

Itchy finger syndrome has started.

RabbiDoracle:
I'm not seeing any signal to sell. In my opinion it is just to hold.

Like Ukay said, once people are comfortable with their gains, they can sell if they want. But they will buy back higher

I dey laugh. this calculations get K-leg.

bigjay01:
Oh boy we are talking %ages. So 20% in 1 million places na still 20%. Do the maths na. Na night school I go abeg.

That is the spirit

stcool:
make una enjoy. I will join next round

The MM here is yet to be doing a good job.

Mcy56:
Shakeout ongoing in Wapco.........no need to rush outbif you're in the bus.....patience is key here......

Na my own I talk, you're the CEO of ya portfolio. Follow your mind.

Let me come and be going..........

He is chopping big time.

rebekah2011:
The share float of the company is abysmal. It is the core investor alone that is enjoying the company, he will need to get new investors to sell to

Is it only Gamalie? most business owners dont think about reserve for staff costs or

contigencies they always spend money that is yet to be earned.

It is majorly big and forward thinking organisation that have heavy reserves.

Most lay offs and salary cuts are not needful. It is wrong when a business does not make provision

to handle staff expenses for up to a quarter. Only one month critical assets have

been turned to no work , no pay. You wonder what happens to money made at the time of boom.

Owners have diverted money for personal use. Money spinning staff can now be treated as unaffordable expenses.

RabbiDoracle:
Gamalie, please try and have a reserve abeg.

See your school as running a company and not a one-man business.

Welcome my bros

fxuser:
Reporting sir

The guy has not known how to learn, he will still repeat his mistake of blaming somebody else for what goes wrong.

When you can not take resposibility for your action, then you have not started stock trading or investment.

meine:
Did he put a gun to your head to buy the stock or not to buy? Why didnt you do your own due diligence? What of correct predictions hw has made in the past? To slap people like you just dey hungry me.

Who is interested in the par value or issued price is my question.

Dont insult our intelligence

talk2me2:
Do you even no the meaning of par value?

The question is, who will sell MTN at .20K and buy UPDCREIT at N10

talk2me2:
I am not wrong the par value of updcreit remains N10 no mater the market price just as the par value of MTN remains N0.20 no matter the market price.

I have learnt not to follow any news that is not backed with figures, I am contented with miss oppourtunities. than tell stories that touch the heart.

Mpeace:
But people here had always talked the fact that there is nothing too special about the stock. But once the mind is made the end is inevitable. There is nothing anyone would have said to make you avoid buying uacn

NPF good job all the while bro

Intendy:
Stock with new 52 week lows

Guinness #17.00k

Stocks with new 52 week highs

Neimeth #0.79k

Not microfinance Bank #1.82k

http://www.nse.com.ng/Financial_NewsDocs/30015_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf

Welcome

Bros naa art no be science. Congrats!

locodemy:
Oga mi.I concur with you.This means I am getting this technicals of a thing.

It could only get worse before it gets better

There is serious trouble in this sector, completion is getting interesting- SAB MILLER is currently pulling its weight

My going for a course opened my eyes to the troubled sector.

ojeysky:
What

22nd May Expected date for Financials including Q1 .

leparj:
how far with Dang Sugar? Have they released their FY result for 2019? Wat dividend was declared?

Thanks for sharing

mails4funshi:
I consider this a good summary:

Highlight on UBA Q1 P&L

. Net interest income of N65.42billion, up 3.9%q/q , up 12.6%y/y

· Non-interest income of N28.53billion, up 64.5%q/q, up 11.3%y/y.

· Profit before tax of N32.73billion, up 150.7%q/q, up 8.5% y/y.

· Profit after tax of N30.10billion, up 303,4%y/y, up 5.0%y/y.

Caverton'n is not immuned to COVID 19 and price war. All oil majors you mentioned have cut down operations significantly

jideflash:
Caverton's revenue is contract based with fresh contracts signed with Chevron + Shell and other upstream oil and gas clients. We havent heard of any upstream oil and gas company shutting down their crude production. so caverton will continue to operate and earn. Again caverton contracts are based in dollars. Nahco operations is totally different from caverton.

Up to Q3 DS is performing. Q4 + Merger of Savanah in NOV should increase the value of this coy being backward intergration,

My dividend expectation N1.2 and expect a significant move in share value Q1 in consideration. Market has the final say.

debeey87:
Shouldn't the amount of sugar they import be less since they have sugar cane plantations(Savannah) in the north currently. Might not entirely wipe it off though. Just my thinking. I de inside the bus too

Still looking for the guy that sold ferrari

Intendy:
Stock with new 52 week highs

JB #27.00k

If you are not a long term holder, remember Hope is not a strategy

The books aren't smiling

OBAGADAFFI:
Since i bought UACN around N5 , i just ignore all the noise and hold.

UP Mansard , Down Notore

debeey87:
http://www.nse.com.ng/Financial_NewsDocs/29903_AXA_MANSARD_INSURANCE_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/29902_NOTORE_CHEMICAL_INDUSTRIES_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf