₦airaland Forum

ahiboilandgas:
my bother if the oppurnties arises especially canada or Australia legally no dull your self ..especaill in stem courses plus America ( your future is more certain ) ireland ( if attending computer related course.) Then if u dey local na to do traditional bizz ....like i got a contract to move 180k litres of deseal for construction firm at 2.7m this week it will cost me over 1m in deseal only but is very stressful , and fearful cos the goods is wort 40m while the carrier is around 44m so 88m on the road ....my bp will be high untill delivery....if am runing same biz in canada may be less profit but good road and excellent insurance

Boss UK nko?

Mcy56:
See, no one will tell you when they buy until they finished buying........well, except me and very few here.
The oga replied you already. That you should calculate dividend yield, then go for your choice stock.
The next kwesion I expect from you is how to calculate it, that's if you don't know it.
Don't direct the kwesion to me oo.

I want to believe it involves using what the dividend declared last year to multiply the shares amount I want to buy to see if am okay with the amount. Like using N2.50k for zenith.
Isn't it

Modified....

Literature review shows that dividend yield is dividend divided by share price on pay day!

RabbiDoracle:
Do your dividend yield (DY) calculations using the previous dividend as a guide. If you are satisfied with the DY, then you can go for the stock you want.

For me, na siddon dey look till I see the trigger.

Thanks I appreciate.
I will buy half now and half if it falls and if it doesn't fall and instead keep increasing in price, I will keep my half money till August to November bear period to buy more. Like someone said it's better to lose opportunity than to lose money. !

RabbiDoracle:
Sha look well. That is all I can say.

Please, Would you alert us when you think its wise to buy before dividend qualification date especially For FUGAZ stocks

Mcy56:
Waiting for my boss' response.
But in the meantime, this Mcy doesn't know anything much ooo.......but I think you have to find out what works best for you. Which investment strategy suits you. Then maybe you choose to close or open eyes to "noise". Look at convenient entry price and enter for either price appreciation or div.
Also, set your stop loss. So that, if the stock is not moving according to expectation, you exit and wait for bottom prices.
That's my layman's opinion.

thanks alot. I appreciate.

@oga rabbi, @mcy56 for some of us holding cash hoping to buy high dividend stock like zenith below 18 and gtb below 28, is it advisable to buy half now and complete buying when price drops or your advice is still to keep holding cash?

NB.. I fully understand that whatever advice and opinion I get ,I am still responsible for my choices.... gain or loss. Thanks

stcool:
Even @N10 UACN is still a good buy

Final destination is N15-N20 buy and hold the three companies after split.

That is if we don't go on full bid today...

thanks stcool

Mcy56:
To me 8.50 still looks okay......but it depends on how well you understand what's up with the stock.
This is purely my opinion.
Not heavy bids, no heavy sellers as at now but bids more than offers overall. This doesn't determine anything by the way.

*Updated: there are crossings at 8.80....... the ball is in your court

thanks Mercy.

Please is 8.7 a good limit price to bid uacn today. Thanks

bigjay01:
Sold my Fidelity @ 2.12 today
Sold FBNH @ 7.25 last week
Will line up FCMB, ETI, STANBIC, WEMA & GTB for sale tomorrow.

I plan to concentrate my bank holdings on Access, UBA & ZB

No more diffusion

Abeg why gtb no follow for the bank stocks u plan to concentrate on. Thanks

Mcy56:
Okay. Dont be in a hurry to buy now.
Keep monitoring price movement and this thread for further updates or positive news.

Thanks. Sure I will.

Mcy56:
Should have asked this when it was around N21.
One of the reasons for giving daily updates is to allow investors take informed decision as well.
Anyway, it depends on your investment objective and how strong and financially bouyant you are. No need to panic.
Since you still have gain, maybe you sell and buy back if it goes lower or leave it to buy more when it bottoms out.
It now depends on you.

Sold! Thanks alot.

I need advice abeg. I have 10 percent gain on zenith at the moment.

Should I sell and hopefully buy back when price is down or

Watch it go down since it will give good dividend anyway. Thanks

pluto09:
This might not be the best time to buy bank shares unless you know how to jijo.

Can you please educate us on the principles of jijo trading?

Thanks in advance.

Ire o

Mcy56:
Maybe you should wait for pull back. It was trading at 140 not so long a time ago.
Not saying it will get back there or not, but watch out for the pullback.

One thing I know is that no one can accurately predict this market, especially during this season. Back and forth is expected because people invest for various reasons. Even Oga Rabbi's prediction didnt happen around the time he said it would happen.

Merci beaucoup.

Please is Dangcem good to buy at current price or i should wait till it pulls back to a lower price. Thanks

Please is Dangcem good to buy at current price?

Mcy56:
Choose 'limit' so you can enter your desired price to sell.
Market value will sell for you at the available market price at that point in time.
Same thing applies to buying too.

Thank you ma

Abeg if i wan sell shares using mytradebook , do i choose limit or market value? Please help a greenhorn.

Good evening, abeg which penny stock i fit gamble on? Thanks

emmasoft:
STANBIC IBTC. It's 4-in-1 app Bank, mutual fund, pension and wallet

Thanks

Good morning.

Does stanbic ibtc Mutual Fund have apps that one can download on play store?? What is it called please?

Thanks

BAMOFIN1:
You will be better of buying zenith, afriprud or ucap which have higher dividend yields than gtb, have not appreciated much relative to gtb and do not depreciate much after dividend. Gbt has left the station taytay. Buy soon before rejected TB money fully penetrates the market.

Thanks alot

PETERiCHY:
Yes GTB is a good stock unlike mago mago Zenithbk but I will advise you exercise a little patience.

Make your purchases in batches from middle of december till Dec 24th.

Thank me later.

Thanks for the advice. I appreciate

Good afternoon,

I intend to buy a stock with intention to sell after dividend payment in April 2020 with less risk of capital depreciation. GTB comes to mind...
Is it okay to buy GTB at current price I will appreciate your response.
Thanks

I made a mistake in the phone number I filled on stanbic mmf form

Now I have been sent an email containing my e account number and being advised to pay in some amount

My question is though I have sent an email for them to correct the phone number mistake but they are yet to reply my email.

1. will I need my phone number to withdraw whenever I want after 30days?

2. Should I wait for the phone number mistake to be corrected before doing a transfer into the account

I just want to avoid stories that touch the heart.

Am new to mmf
I reside outside Nigeria so might not have the opportunity to visit the bank for any issue.

On this note, which do u advise between first bank mmf or stanbic mmf?

Is it foolish to think that since first bank had stood the test of time compared to stanbic ,it is relatively safer?

Please pardon my ignorance.

The way access bank price is going down..... it might discover crude oil.

I didn't recieve it rather

currentprice:
send it to my acct

I didnt receive uba dividend alert yesterday. What should i do please?

stcool:
Make una leave UBA... Na accumulation I dey since!

From now till December all investment money goes to UBA!

All of us cannot line up for UBA make some go for Zenith!

Lol