₦airaland Forum

yeddy99:
What is the free float like?
Is it readily available?

It use to be available before the result came out. Now that they have come up with this fantastic result let's see what it look like by tomorrow.

Mpeace:
Chams outstanding shares is 4.7billion not 350million.

Chams ke na MRS OIL we they talk

talk2me2:
https://doclib.ngxgroup.com/Financial_NewsDocs/38374_MRS_OIL_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2023.pdf

I just stumbled upon this MRS result. It pain me that I did not buy even one share of this coy right from when it was on full offer @ N12 until now. I hope that they will allow me to enter even though @ N28 by Monday I don't mind.

What a fantastic result! I don't know why I have been ignoring this company. By tomorrow I will try biding for it for the 1st time @ 10% below the current price.

what is wrong with Morgan platform today?

Jerekre:
Streetinvestor2
I know it's a long time ago you asked of APT Securities online trading. I've used APT for a while, but I always send my sell or buy orders to my account officer.
The very day I just asked my account officer if it works, I was sent Username and Password, within hours. But since no money to trade since then that's why I've not given feedback. I used it to trade today via their android app, it works.
I've not used other apps so I don't know what to compare it with, though it looks quite basic.
I expected trading myself will come with reduced charges, but NO it's still the same.
Try to reach out to your account officer

They usually execute it manually. It has been quite a while since I stop using apt due to much frustration

Youngzero2:
Greetings people.
Have you considered value betting
Seems a more profitable investment, honestly.

How can you classify betting as investment?

Mpeace:
Profit after tax and eps reduced. Dividends still .30

The result is not too bad anyway

2zona:
Good evening guys, please can some one explain this to me. I carelessly and hopelessly entered a sell order for my Transccorp share @ price of 1.11 and went for my business, only to log in later this afternoon and discovered it was cleared at price of 1.13. I was surprised. Is it an error or actually possible in NSE.

It is possible if the mm is the one buying.

debeey87:
Audited result you mean

Exactly

PZ where is thy result?

nastynic:
Can you recommend materials sir?

As a beginner you need simple books that can teach you the basics of stock investing.

Books like

1. Buying company shares the common sense way

2. The stock market wiz kid

3. Any other book that can teach you the basics of stock investing

Note: You don't have buy the two books bc they are similar. Any one of them that you read will give you the basic info about the stock market

nastynic:
Good evening bosses,
If I want to know alot about investing, as a newbie with no knowledge, how do I go about it?

Reading

igbizen:
Got it on the 7th of July.

I got mine 20 to 22 of June

Princkez:
any reason for this?

I think he is just taking that advantage of the capital appreciation since FBNH dividend payout is not encouraging at all.

thesilentone:
FBNH has already sold almost 4x its average weekly volume in two days this week with 3 more days to go.

It is trading in a range, some might call it a bullish flag but with the inverted hammers printing for a few weeks now, I wouldn't be bullish on this either which explains why I stated that it needs to hold 10.90.

It is below the weekly 30MA, volume is increasing and printed a doji last month. Support is at 9

Otedola is dumping

igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. What do I do?

How did you buy the shares?

If you bought through a stockbroker then tell them to forward your CSCS statement of account to your email. From there you will know the state of your holding. And if you have access you can sign in by yourself on the CSCS website to check.

zippie5:
Please i'm yet to receive GSK dividend. does anyone have a contact i can reach the registrar? the phone number on the website is never answered. Thank you

Write to this email address:

complaints@gtlregistrars.com
Also copy SEC via:
sec@sec.gov.ng
If you don't copy SEC they may ignore you. But if you copy SEC GTL will quickly attend to you.

Moreover, if your KYC is up-to-date with your stockbroker you don't really need to go through the process of filling the e dividend form and signature specimen before you can receive your dividend.

Slimdove:
I am using this medium to call out.CSL STOCKBROKERS
Anyone that knows A. FAGBULU and His CSL Management team.should advise them to please restore back my account.
What I will do in their office from now till Wednesday if my account have not been restored,other brokers will be using it to train their staff in future.

they should either credit my money including the deducted commission to my account since it was not bought or having the purchased stock in my CSCS statement of account.

I don't know this type of FRUDLENT ACT.the conduct is likely to cause serious breach of peace .I have send them email no one is replying.when I call on phone one ifeoma said that they are still busy with MTN IPO that was reason they are unable to attend to my issue.

whenever you are sending them message on this matter, always copy the CSCS and the SEC. That way they will take you more seriously and threat your matter with more sense of urgency.

Slimdove:
I bought some shares through Csl brokers on 18th Nov 2021 and demanded for my CSCS statement of account,couldn't find the company share on the statement.

Please I don't know if anyone has exprienced that in the past.i have send email.
Up till now I cannot still find it(nothing have been done)
is there any other person I can contact outside
Ifeoma and fortune
Please someone should help

May be you demanded for the statement the same day you bought the shares. You need to wait till the next day before the new share you bought will appear on your CSCS statement of account.

wanaj0:
Which valuation model was used? A company with PE of 88?

This is just speculators having a field day. I hope people don't get their fingers burnt here. Well this is time for payment of school fees.

Eku market ooo

I agree with you on this sir wanaj0

Mpeace:
Lol. After that first profit comes the public offer, then the nose dive

Daar Communication did public offer just after declaring their first profit in 10 to 11 years, some of us fell for it due to the love that we have for AIT. Now see where it has landed us.
I wish them well anyway. I will not fall for this one.

Greetings to you all.
Just passing

DrAwo:
I commend you for being very convinced about your investment. I particularly like it that you did as much research as you could before putting your money into the company which is the first rule of investing.
I sincerely do hope that it pays off for you handsomely... Also remember that you've surrendered your money and it's possible proceeds to the whims of the UACN board...

All the very best...

Thanks a million

Uchetoba:
Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

I mean averaging down @ N5 and below will be worthy Ventures if you ask me.

leo1234:
Wicked man.

Remember one of us sold his land to invest heavily in this stock.

Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

emmanuelewumi:
What gave you the impression that UPDC REIT will fly after the unbundling, I expect the share price of UPDC REIT to fall after the unbundling. Like what happened when United Capital and APR were unbundled, there was a sell off by shareholders of UBA who were given the shares of Ucap and APR which made their stock prices to fall, but strategic Investors will accumulate during the sell off

I disagree with you on the bolded UCAP & AFRIPRUD where listed @0.50 after unbundling and they continued to rally until they crossed N1.

pluto09:
Any dividend?

No time to check bussy for now

Uchetoba:
http://www.nse.com.ng/Financial_NewsDocs/30449_MUTUAL_BENEFITS_ASSURANCE_PLC._FINANCIAL_STATEMENTS_JUNE_2020.pdf

I don't like insurance

EPS 0.36 From 0.14
SMH

http://www.nse.com.ng/Financial_NewsDocs/30449_MUTUAL_BENEFITS_ASSURANCE_PLC._FINANCIAL_STATEMENTS_JUNE_2020.pdf

I don't like insurance

Access Bank Plc.
This note provides information about the contractual terms of the Group’s interest-bearing loans and borrowings,
which are measured at amortised cost. For more information about the Group's exposure to interest rate, foreign
currency and liquidity risks, see note 5.
Group Company
The facility of US$66,478,405.35 was further restructured with the accumulated unpaid interest of
US$11,244,554.98 and rolled over at a reviewed rate of 10% per annum. The balance has been collapsed to one
account as Access Bank Plc and has been fully liquidated during the year. See Note 26.1.2 for details.
During the year, the marine equipments pledged as collateral securities for various loans obtained by the company
from Access Bank have been Forcefully taken over to settled all obligations to the bank based on duly executed
terms of settlement before the Federal High Court directive on suit no: FHC/L/CS/1222/2018. However, parts of the
Company settlement of the total debts owed to the bank was to irrevocably and unconditionallly agreed to assign
all of the interest in the two(2) Dredgers (JDXII &JDXIII with registration no SR 2525 & SR 2526 respectively) to the
bank for the sum of N5 billion. To this end, the two Dredgers are to be released back to the Company for 6 years
with 1 year moratorium on rental payment on or before January 31, 2021 to January 30,2026 with equal annual
repayment of N1 billion each.

Mcy56:
You know as e dey go bros.
I don't trust some of them. Na coded things dem dey do.
See this UACN, some are well seated inside the bus, dozing self. Na uchetoba dey disturb himself.

My dear I'm not distrubed at all because I know what I bought and the reason for buying it. I just felt like enlightening the forum members about the stock. Besides todays post on the UACN is the summary of everything. I will only speak about UACN again if and only if there is serious need to do so.

stcool:
Na so Japaul wan take Trap people again

Japaul's Q2 2020 result will determine whether they have returned to profitability or not. For now I will continue to view them from a far distance.