₦airaland Forum

emmanuelewumi:
Can be fun, when you devote maybe 10% or less of your dividends or steady income towards it. Provided you are disciplined and won't be addicted to it

Dupeodus:
The infidelity of the majority shareholders not withstanding. Anyone that understands the dynamics of AIICO'S business knows they are sitting on a gold mine. They keep amassing government bonds at no cost.

rebekah2011:
I do not blame myself for stocks that I will not buy. Neimeth fundamentally is not a sound stock but on NSE, sound stocks sometimes do not quickly make money for someone.
http://www.nse.com.ng/Financial_NewsDocs/29946_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf

megawealth01:
You weren't authoritative in your assertion... Sometimes you aren't too sure... You only come forward whenever the tide is NORTH

ebuka1997:
Cadbury 9 Naira

TLAX:
https://cashmoneyfocus.com/another-look-at-cadbury-nigeria-plc/

They have since recovered from the Bunmi Oni saga of 2006. The company still has some strategy and portfolio issues to deal with and its not related to Bunmi Oni but rather to the Mondelez Group.

megawealth01:
Did anyone get paid wapco dividend today?

onegentleguy:
NEIMETH now trading for N1.24, up by approx 9.7% and on full bid !!
...should it close at that N1.24 price, it would translate to an over 225% gain from the call @ 38k.

Something might be brewing here !!

Salvationone:
Oga oracle help me analysis 11plc abeg

meshpips:
From 16.9 to 25 is 8.1 points

From 16.9 to 11.90 is 5 points

I will send N50,000 ngn to @jejebaba

If price hits 25 first, I lose the money.

If it comes to 11.90 first, you pay me 5 points multiplied by the units sold.

The person should sell just 6,000 units.

@jejebaba please do well to send me your account details.

Thanks

rebekah2011:
You only have to multiply the price with the units to know if this is correct. N19.76 × 1200 plus the dividend 2000 will not give you N27200
25712 is lower compared with N27200

rebekah2011:
it closed on Friday at N27.2, say Wednesday is the mark down date. The dividend declared will be removed from closing price i.e 27.2 minus 2 = 25.2 . A bonus of 1 for 5 was declared.
Let us say an investor owns 1,000 units.
Pre Mark down 27.2 × 1000 = 27,200

After Mark down
dividend 2 × 1000 = 2000
Bonus = 1/5 × 1000 = 200

Price after Mark down 27.2 -2 =25.2 ×5/6= 21

27.2×1000 = 27200
21×1200 + 2000 =27200

leo1234:
Thanks.
Please has Guinness release q1 financial report 2020?

RabbiDoracle:
Ok.

Let me forecast mine.

I have done that of bitcoin.

Once Zenith breaks 18.50 resistance in June 2020, it should do 2 things :

(1)heads straight to 21.50 and and Bounce backwards to 19

(2) trades sideways at 18+ for some weeks before it fires off again.

The first target is 21. I believe it can do 21 between now and July 2020.
At 21, Zenith goes to canteen in Lokoja to eat Nkwobi and Isi-ewu and flush it down with 3 bottles of Big stout to prepare for the journey ahead

jideflash:
The result is not bad at all. the only issue here is the reduction in dividend declared which was expected due to the current economic risk. They will have to make provision for FX devaluation (which will affect cost of imported spare-parts and loan servicing for new aircrafts) and also prepare for slowdown in the oil market, as nigeria has cut production level. So this is them been conservative.





its caverton i sold off by mistake last week, i will be glad to reload heavily going forward. i was able to use the mistake sell-money, to enter fbnh at 4.70. so sometimes a mistake is a blessing in disguise.

ukay2:
Madam, once your stomach is full, jaa oo

Oga RabbiDoracle is a pot belle man, he exists gradually because of his huge portfolios

Godlylifeoneart:
THE DRUM IS BEATING.
Recently, there is a new campaign for brokerage firms to merge and recapitalize.
The proponents of the campaign opined that less than 10 stock brokerage firms are responsible for 80% of equity transactions in the Nigeria boss.
Should this proposal of RECAPITALIZATION / MERGING sees the light of the day, it means the retail traders are in for high brokerage commissions.
Presently, the commission ranges from 0.5% to 1.35%
I wonder why the terrible government of the North always make things hard for the productive people of Southern Nigeria.
We do the work, earn the money, pay the tax, spend by the directionless government of Northern Nigeria.
It took a determined campaign by the Olusegun Obasanjo regime in 1999 to lure the present generation of retail investors to the market.
Now that our generation has embraced the market in our quest for financial freedom, the body language of this government of the North is to make us pay more brokerage fee.
I can recall, VAT was removed on equity investment and transaction in an effort to encourage retail investors to participate more actively in the market.
Recent statistics shows that the domestic investors participation in the market currently stood at 54% vs 46% for Foreign investors.
Should government insist on the recapitalization and merger, who will pay the imminent increase in brokerage fee that will accompany such exercise?
I have no apology, this government is blind and deaf. She does not listen to people. Her personal interest of Northernisation of the whole Nigeria is the interest of the country.
In Nigerdelta, where the mainstay economy of Nigeria is located, we have no gut. The official language in NNPC is now HAUSA.
All the top management positions, 23 out of 26 is filled by hausa fulani.
To worsen the matter, the graduate trainee scheme was essentially reserved for the candidates from Northern Nigeria.
Buhari has destroyed Nigeria.
After removing the VATs holiday that was introduced by GEJ, he is bent on making us to pay more.
What is left for our deaf president is to rechristened the nation FEDERAL GOVERNMENT OF THE NORTH.
NO apology for any of the readers of this view from the North.
Speak to your people, tell them Nigeria does not belongs to only the descendants of othman danfodio. It belongs to us all.
After destroying everything in Nigeria, Buhari is bent on destroying the NSE and SEC. Go ahead, we are fully diversified.
NYSE, LSE many of us are already there.
No one is insulting the wicked northerners, they are the one insulting and destroying the nation.
Your President sacks a southerner, he replaces with a northerner.
He sacks a northerner, he replaces with a northerner.
You shout one Nigeria while you believe in only Northern Nigeria. You have grossly divided this nation.
We are marching on. You cannot be in power forever.
The glorious days of NSE shall return after the expiration of Buhari tenure.

Godlylifeoneart:
Guinness has the best book value per share in the breweries industry.
Last traded N17
BVPS of N54. 33
EPS 4.46
PE3. 81
There is no other place to take a risk.
The worst scenario, it will reach 50% of the present book value in 6 months post COVID-19
A worthy risk. You will smile technically and laugh Fundamentally in 6 to 12 months.
Bookmark this post

emmanuelewumi:
Just confirmed from a relative that works with NAHCO, that they were paid 50% for April 2020.


I think we should prepare for a reduction in our dividends from NAHCO

Mpeace:
346 branches closed.https://www.nairaland.com/5831835/access-bank-shut-down-346

Princkez:
Bought more of FBNH today @4.60 and few units of Guinness @18.35...fingers crossed

RichEstate:
Pa Emma, Mcy and other senior colleagues, please can you give me contrary opinion to the attached projection.

The focus is majorly on dividend plough back. The end result might be different but is it worth trying?

owoblow77:
I need to change my moniker.
I have engaged in an e-fight with it once. Now imagine I need to reach out to someone like Pa Ewumi or Oga Wanaj0. I would be viewed with one kain eye. Or I need to work with anyone of you on a project. E go hard o.
Folks I would like to rest this moniker, and get a new one.
I need to create a more positive online image for myself. Things don dey set, so I need to rebrand.
FYI, I will never refer to this old moniker again.
Rebranding

DeRuggedProf:
I never understand to this day why things bought with dividend taste better....

ukay2:
But Fidelity bank adjusted their dividend declaration 2 years ago

Thank God Fidelity has repented this year.....though until I see their dividend alert before I will believe them

DrAwo:
Also learning technical analysis as I've discovered it complement fundamental analysis which I'm more accustomed to... Initially thought technical analysis won't work for our market but I know better now...

Got some books, still reading and watching videos like you said... Quite informative and interesting...