₦airaland Forum

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

HesInMe:
Only the truly brave see diluted bank shares as a "bargain" as interest rates fall.

Who wants to volunteer to catch a falling knife?

First Quarter 2025 will give us better direction regarding the banks that raised additional Capital last year. As for Access bank I think it's really undervalued.

What is wrong with Morgan platform today since market resumed the tickers are not loading.

https://doclib.ngxgroup.com/Financial_NewsDocs/43136_HALDANE_MCCALL_PLC-DIVIDEND_ANNOUCEMENT_CORPORATE_ACTIONS_FEBRUARY_2025.pdf
HMCALL 0.07 kobo (7kobo ÷ 100) dividend

SpaceX:
I can't stop weeping since Thursday..,........ They have destroy me........

SpaceX:
Someone hacked my trading account.............. I don't know what to say........

Joke to the year. You once said investing with you was unsinkable ship. Now they have destroyed you. When will you stop pretending to be what you are not?

essentialone:
Afrinvest

I don't know much about Afrinvest. As for all the stockbrokers who services I have experienced, assuming I buy 100 units of A @ 1 per share with total commission 1%, the cost price per share will be 1.01. If I later buy additional 20 units of A @ 2 per share with 1 % commission. The new cost per share will be (1.01 * 100 + 2.02 * 20) ÷ 120 = 1.18

essentialone:
There is one very wrong thing that most stockbroking firms do. When you previously have 1,000 units of Stock A at the Cost Price of N1.00 and you later buy same just 10 units of same Stock A, when the price is now N2.00, they just add up the 2 prices and give you a new Average Cost of N1.50 Am I the only one that sees this practice as being very wrong?

Which stockbrokers are you using?

They've conquered cornerstone now they are rubbing shoulders with Axa

Cc: @Uchetoba and @Ucheson2

https://doclib.ngxgroup.com/Financial_NewsDocs/43092_CORNERSTONE_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42920_CORNERSTONE_INSURANCE_PLC-NOTIFICATION_OF_THE_RESIGNATION_OF_A_DIRECTOR_CORPORATE_ACTIONS_JANUARY_2025.pdf

They made loss of 10 kobo per share in Q4

essentialone:
Any idea when Linkage Assurance Bonus shares will be credited?

already credited check your CSCS account

talk2me2:
Did anyone receive any dividend today? Cos I got an alert of NGN 80,000+ today from FRNL, I ve tried so hard to figure out the company involved to no avail.

Wow I ve realized, it's Lotus halal. I don't even know when the dividend was declared.

Did anyone receive any dividend today? Cos I got an alert of NGN 80,000+ today from FRNL, I ve tried so hard to figure out the company involved to no avail.

Bagwa:
https://doclib.ngxgroup.com/Financial_NewsDocs/42642_JAPAUL_GOLD_AND_VENTURES_PLC-JAPAUL_SIGNS_N26_BILLION_SAND_MINING_CONTRACT__CORPORATE_ACTIONS_NOVEMBER_2024.pdf

This new can only help Japa to stay around it's current price. I don't see any serious rally. NGX has it's own mind though.

ojeysky:
Ah me I have not seen mine o, when was yours added?

yesterday, check your CSCS statement. You can email your stockbroker to send it to you if you don't have direct access to your CSCS account.

talk2me2:
Linkage Assurance bonus has been added

Cutix Bonus has been added

yMcy56:
Pls, has anyone received or saw the following bonuses credited to his/her CSCS?
LINK ASSURE
TRIPPLEG
LEARNAFRCA
REGALINS
Thanks.

Linkage Assurance bonus has been added

Frangel:
EPS stated in the report is 1.23kobo. Less than 2kobo.
Different from 123kobo which is same as N1.23
Notice the word "kobo" in bracket.

Learn to always do your own calculations.

The group reported a profit of over 13 billion, divide it by os of about 10 billion and decide the actual eps.

talk2me2:
Make no mistake, the result in page 15 is that of Consolidated Hallmark Insurance Limited. While the report in page 53 is that of Consolidated Hallmark Holding PLC.

You may like to read page 1 to understand the structure of the Holding Company (the group).

All the three pages attached are from the audited financial statement.

NB: This is not a recommendation

The 980 million in page 15 is the profit from the Insurance company. While the 13 billion in page 53 is the profit from the entire group (the insurance company inclusive).

Please do your own research. I do not recommended stocks on a social media

Locotrader:
I will advice you visit the NGX site and download the reports yourself.

The audited result was released on 30th October.Profit is 980m.This I think is the true result.

On 1st Nov another report which I guess is unaudited was published and if the 13B profit which translates to EPS of 1.20+ is true,market is supposed to respond ASAP despite the bleeding on stocks these days.

Let us do more research on Consolidated Hallmark Group .

@ Mercy ,pls kindly check these 2 reports and respond.

yMcy56:
Basis of reporting seems to be in conflict here.......
I wonder why we have two separate reports (interim and audited) when the Audited was ready actually.

The released report for Oct 30th was the Audited and true one, from my own checks.
PAT: 980M.

Make no mistake, the result in page 15 is that of Consolidated Hallmark Insurance Limited. While the report in page 53 is that of Consolidated Hallmark Holding PLC.

You may like to read page 1 to understand the structure of the Holding Company (the group).

All the three pages attached are from the audited financial statement.

NB: This is not a recommendation

Uchetoba:
I saw something in this result.

omo consolidated hallmark holding PLC is not 'smiling' at all. Eps of N1.23k for a stock of N1.4k is not a child's play.

I also took a second look at John that guy is really Hot .

@Ucheson2, I noticed improvement in NPF MFB's q3 2024 result. Moreover, they seem to be more consistent with numbers this year than in the past. I need to see their audited 2024 as well as q1 2025 results to be able to make a proper decision about the coy.

https://doclib.ngxgroup.com/Financial_NewsDocs/42392_NPF_MICROFINANCE_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Cc: @Uchetoba

.

Raider76:
With this explanation I wonder if Morgan are third party brokers. When I filled the e-dividend with the registrars of Linkage Assurance they told me I have to fill a transfer form with my brokers because the shares are in my broker's name.

It is normal that's one of the two ways to send your signature specimen to the registrars. The second way is to approach your banker for a confirmation of signature that comes with a charge. Without the registrars having your signature specimen they will not be able to mandate your account for e dividend, no matter the stockbrokers you are using the procedure is the same. Morgan Capital Securities is not a third party stockbrokers.

Ginalex:
And the money landed

UBA dividend landed peacefully. Africa Prudential registrars is the best. No long story

Streetinvestor2:
lwkd.Why do people here self want thr post to be liked.what value is to anyone.Abi the thread is monitised make I ask fmly and friends to join to just to they like my post. I go post tire here everyday and lift everything liftable from other thread to here.
How do people even remember the password for all many moniker. You cannot believe I don't even know my second and third phn numbers off heart. I don't know my car plate numbers or any phn number off heart beside that of my wife and only one of my bank account.
This yr I had to buy a book to be writing such things and the book only leaves my house if I am traveling outside my state of residence for security reasons. I no sabi watin be my brain problem when it comes to storing things like that.Abi na old age done dey manifest,lol

When you known a lot, you tend to forget trivial things. It's normal.

KarlTom:
After the Bonus of 4 for 5 by REGALINS and the PP by LASACO, they are almost on par wrt Issued Share Capital.

Their performance and market share is now up to the respective mgt...

What is even propelling Lasaco? After all they did not recommend anything for their 'shellholders'.

In light of the allegations against GTBank, especially the 10,000 'fake bank accounts', I like to suggest that the CBN, commercial banks, microfinance banks, fintechs, other financial institutions and their regulators should come together and create a ussd code that customers/clients can dial to see all the accounts that are tied to their BVN, TIN, Reg. NO., Phone etc. If there is any of the account that the customer did not recognize, they can report the account to the appropriate authority for necessary action. @ no cost to the customer/Client. The illegal activities of Internet fraudsters as well as some banks staffs can be checkmated.

I am neither for nor against GTBank.

ucheson2:
Just imagine how useless this bank is, at a time like this that financial institutions (banks, insurance, etc) in Nigeria are declaring astronomical profits, that's when NPFMCRFBK is making lesser profit yoy. The way they are going they may declare outright loss in there Audited 2024 account. I expect the market to punish them for this sin. N1 per share is loading. I will not touch this one until ...

Uchetoba:
https://doclib.ngxgroup.com/Financial_NewsDocs/42153_NPF_MICROFINANCE_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf

Omo This one surprise me ooo. I'm wondering why there own profit is going down when every financial institution in naija profit is going up. When the rest where investing in profiting ventures, npf was busy mounting road blocks and collecting b**be . They may become the only bank on NGX that will be trading below NGN 1 by Dec 2024.

ProphetUtuocha:
https://www.thisdaylive.com/index.php/2024/09/19/wale-tinubu-oando-and-flawed-narratives/

I title it In The Defense Of OandO The Apologetic Approach

Ginalex:
UBA want us to offer pink alligator as sacrifice before they release their half year results and interim dividend payout. But my mind dey tell me say na 50kobo them go still pay

Regulatory Challenge

ucheson2:
The only reason I don't have their share is the delay is filling their report. But I will give it a try once I see it at 2 naira.

talk2me2:
For the same reason I sold the little that but earlier this year. I sold today @ N2:55k "my village people"

If I see it @ N2:3k buy.

ucheson2:
The only reason I don't have their share is the delay is filling their report. But I will give it a try once I see it at 2 naira.

For the same reason I sold the little that but earlier this year. I sold today @ N2:55k "my village people"