₦airaland Forum

robobo:
old boiiiiiii

my 100m sales forecast already bursted

we might be doing the 150m sales today

a single sale of 7.5m unit just happened now

Normalcy will soon return by Friday

Who is bankrolling Dangsugar

zimams:
[Its unbeliveable as its disappointing...
I've been staring at the thing to see if its 0.85 they wanted to write and mistakenly wrote 0.35

quote author=PharmAlfred post=99721272]

NSE is a weird place. Don't be surpprise to see UBA go up within a short time. They did very well, so I wonder why they will be paying less dividend. It is still a surprise to me. We all anticipated a bad result from Nigerian companies but they turned the corner. Shareholders deserve better.

More dissections into the annual financial statement will give a guide.

Investors conference call will be an interesting one...the CEO will speak English taya

zimams:
50% drop in dividend payout. Meaning that permutations around Dividend Yield based on N1 dividend is all in the water....

I'm personally upset by the opportunity cost of this investment. I could have fortified my Zenith holdings further.
UBA dea... dem fall hand sha..

Real opportunity cost....

The bank should have issued profit warning father care about their shareholders.

There about is 50% loss in the bank activities, which might have hindered their dividend payment. The group did well overall

Lion123:
I hear UBA has problems in that 40% of the bank's loans are to its chairman's companies. And these are dollar loans he is struggling to repay.

Serious matter if it's true

The discussions in this trade have been very brilliant

Just finished reading 15 pages...waoo

Weldone everyone

@emmanuelewumi et al, weldone Sirs and Mas

richforever123:
He always has a negative idea about everything, even if you tell him you are keeping the money in the bank account, he will come out and say something negative like you are losing money due to inflation

He uses it as a kind of knowing expert opinions

Lazyyouth4u:
E be like say I go try this REIT o

Lol

You're so funny

giselle237:
https://www.google.com/search?q=british+airways+abuja+contact+number&ie=UTF-8&oe=UTF-8&hl=en-ng&client=safari#
Otherwise british airways have their office in Transcorp Hilton and Nnamdi Azikiwe office in Abuja and then MMIA Lagos

Thank you

giselle237:
U can only pay with dormicilliary cards as all naira mastercards have 100usd cutoff or alternatively book on wakanow or call the british airways lagos abuja office, they will tell you the naira equivalent to pay and where to pay it.
What do you mean as new entrant?

Please do you have the British Airways Lagos or Abuja office contact to aedc payment in naira?

Thanks

prof2007:
Here is the reason for Mobil's delisting, after 43 years on the NSE, according to the company itself:
“The purpose of delisting is to enable the Company explore strategic opportunities, alliances and collaborations that can bolster earnings and/or provide synergized benefits with little or no regulatory obligations."

In simple English: "Benefits of Mobil being in the NSE have become overshadowed by the costs."

In Pidgin: "Mobil water for NSE dọn pass the garri."

At the AGM 14 Oct 2020, a resolution was passed to delist the 360,595,262 shares of 11 Plc on the NSE, at an exit consideration of N213.90 per share. After delisting, 11 Plc will continue its operations as an unlisted Public Company and the delisting will have no impact on existing employment of its staff or the composition of the Board of Directors.

on the Pidgin aspect

zimams:
True ...you are very correct. Entry price is very important. But my point is that your entry price and whether you should buy at all should be driven more by financial health of the company and its ability to make profit.

Everything is cyclical... hot money comes and goes. If you bought right and you have medium to long term objectives.... you wont worry about hot money leaving.

Your perspective and objective is everything.

In 2007/2008 I bought Zenith at 47.60/share... it turned to dust in my hands when the market crashed.
The same Zenith is a substantial part of my portfolio today with average entry price at 13.37. We still dey hold....


People wey dey fear recession..... make I remind una say.... na inside this recession wey some stocks don deliver 100 % - 200 % to some of us here....

Just know your objective in the market and buy right.... then allow nature (time + forces of demand and supply/market ) do its thing..

Again this is me o! Strictly my opinion.

Very Apt

Like your way o

zimams:
Just thinking aloud...

What's the chance that Dangcem will increase divided having reduced their outstanding shares through the 1st phase of their share buy back scheme?

Most likely will retain the N16 they paid last year....don't forget they used retained earnings to pay the latest year dividend

Next upward review of their dividend may be in 2-3years at N20 per share

..my thoughts though...

zimams:
I suspect Custodian wants to play big in infrastructure concessioning by this govt. And UAC Prop is the vehicle.....
Just a random thought. I tried to wind their 'oga at the top' to see what i could gleen.... but the baba knew where i was going and kept sealed lips.
This is definitely one for the future.

Very bright insights

Weldone Sir

yMcy56:
UAC-PROP:
Loss for the year has drastically reduced..........this coy may launch into the profit realm by Q1 2021.
http://www.nse.com.ng/Financial_NewsDocs/32510_UACN_PROPERTY_DEVELOPMENT_COMPANY_PLC%20_AUDITED_FINANCI.pdf

We need more Qs reports to see the improvement by custodian

yMcy56:
DANGSUGAR:
http://www.nse.com.ng/Financial_NewsDocs/32508_DANGOTE_SUGAR_REFINERY_PLC%20_AUDITED_FINANCIAL_STATEMEN.pdf

Good result and dividend payment too

More units at bargain prices

bigjay01:
NASCON to pay dividend of 40k per share? Expect dumping on Monday.

Are you dumping or grabbing tommorrow?

Lheman:
Pls I have another question as regards Proof of Financial Support; I have someone that is willing to sponsor me. He is my uncle.

Can he transfer the funds for (tuition+maintenance fees+ accommodation) to my own personal account? If YES, do I need to get any letter of sponsorship from him or gift of deeds (for the money transferred)? I’m afraid the transfer of large sums of money might raise a concern in the mind of the visa officer?

OR is it that the most important thing is that the money should just be in the student’s account for the 28 days period or more; the[b] visa manager[/b] does not care about the source of funds?

Also, do I need to pay the whole tuition fee (for the issuance of CAS) or any amount/deposit prior to applying for visa? ( what I actually mean is that can I pay part of the tuition and leave the rest in my account?

I know my questions are MUCH but pls, help a brother. Your vital and Swift responses will be highly appreciated. God bless you all.

Please who is Visa Manager?

ojesymsym:
How can someone begrudge another person for investing in stock, a global type of investment allover the world. I found that statement strange. Everyone is even supposed to be happy that banks make profit because once they start running at a loss, it will be the many depositors that will be worse hit when such banks fold up. Many of those depositors will be we poor people that those guys claim to be fighting for.

Are you saying they invested in MBA, one of the guys says he is in Europe, you mean even with such enlightenment? I wonder who is more greedy between the man who wants his money doubled vs the one who invested in a business in the NSE. Strange

They will soon come after you oo

For me, am happy the banks are making money for their shareholders period...

Despite the pandemic, Zenith made an impressive performance in FY2020...I give kudos to the management of the bank.

...waiting for ACCESS, UBA, GTBANK, FBNH etc

emmanuelewumi:
Two of the people bashing the banks for charging interest of 1.5% per month, invested in MBA forex hoping to be paid 15% per month.

Who does not know that MBA forex is a scam.

Maxwell could easily get a loan at 18% per annum, instead of paying 180% to the so called Investors.

I guess they have not gotten over their losses in MBA forex scam, hence they are transferring their frustrations and agreession on banks claiming to be defending poor and helpless Nigerians

....I dislike headaches...

seyisanya:
I've not been receiving x alert as well but contract notes have been regular. I had to request my CSCS print out yesterday and realised that all was in order. Perhaps, you might want to do the same so as to put your mind at ease.

It's also good to have cscs online account for viewing your portfolios and bonus shares

yMcy56:
For 2019 FYE paid in 2020, it's 0.45kobo ..........(0.10kobo interim and 0.35kobo final dividend)
Same thing for 2018 FYE paid in 2019.

Seems they paid interim dividend of 0.10kobo for 2020 already yet to announce final dividend.

To even say this company pays interim dividend!

http://www.nse.com.ng/Financial_NewsDocs/29213_CUSTODIAN_INVESTMENT_PLC_CORPORATE_ACTIONS_FEBRUARY_2020.pdf

Thank you Ma'am

Weldone

....on watch list....

seyisanya:
Oga mii, how many stocks do you have in your portfolio?

yMcy56:
I also expect FCMB to pay up to 20kobo.
14kobo was paid in the last financial year.
We wait and see what they're coming with.

As for Mobil, I agree, think the best bet for those who bought at higher price especially is to leave it and continue enjoying dividends.
Mobil is just delisting on NSE and relisting on NASD OTC.
Thanks bro.

What is pursuing Mobil out of NSE into NASD OTC ?

yMcy56:
Lol. Thanks for the good words dear brother. More blessings IJN.

For Custodian, that stock na Baba for that sector ooo.
I wonder when this apathy towards insurance sector will end, especially for the good ones........the stock is under-valued in my opinion.
Profit doubled!
EPS of 1.96 in 2020 as against 97k in 2019.

What are their dividend payments for 2019 and 2020?

ahiboilandgas:
This is the risk associated with fixed income in a Nation with weak currency and magicians as cbn governor this was 3500 last year now 5000 ...by the time those yeye bond issued by fgn matured at 11 matured in 2031 this 5 litres will be 25000k

You too like headaches

Learn to swim in any ocean like the Nigerian Banks

currentprice:
I cant be monitor carverton when stock that may likely shaken the mkt is there

_{^{we are making it BIG dis year again fingers crossed}}

Weldone Sir

....Following....

yMcy56:
Okay oo. Is that what Alhaji said?
E Ku Coy Building.

My thought o

yMcy56:
Lol. Which of the coy?
Refinery?

Sugar

yMcy56:
Maybe.
......but Alhaji suppose add something on top this Fye nah.......

We are still building the coy

By 2024 upwards, dividend payments will become more juicy

yMcy56:
DANGSUGAR:
DS has recommended dividend for 2020 FYE subject to shareholders' approval.
http://www.nse.com.ng/Financial_NewsDocs/32455_DANGOTE_SUGAR_REFINERY_PLC%20OUTCOME_OF_BOARD_OF_DIRECTO.pdf

Likely same dividend N1.10

My thought oo

Donbrig:
I forbid the art of making money to the detriment of other people. My step mother worked as a bank manager for 8yrs in old generation bank, our banks are rogues, I don't want to go into details or argue. But I think we still have a lot of work to do in sanitizing our banking industry.

They are stealing billions from poor and helpless Nigerians every day, that's my fight and anger whenever they declare huge profits as if they have honestly worked hard for it.

Take life easy Sir.

Weldone.