₦airaland Forum

Break up with him.
He's your enemy in disguise.

simplibaba:
Good morning fams, please I went to wema bank to purchase treasury bills and to my surprise I was told federal government has stopped selling of treasury bills to individuals but only to corporate and I need to invest nothing less than 50Million which is far lesser than my budget. Please, which bank is the best that still sells either in primary and secondary market

This is not true.
Try Firstbank.

chigo4u:
Does anyone know about Novambi Asset Management. Are the legit?

They are licensed, that's all i know.

pluto09:
Fundamentally GTB has been loosing it for some time now.......I think they are the only one among the first tier banks that reported a reduction in profit for the last financial year.

Their profit after tax has been reducing for the last few years.

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

Get the email address of the registrar on their website and send an email

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?

Open a cscs portfolio account at cscs.ng
And use that to confirm if your Axa Mansard shares is there.
Also move this question to nigerian stock market pick thread, this thread is for treasury bills

Plus10:
Thanks Sister

I am male.

Plus10:
Please do you use morgan capital as your trading broker?If yes please how do I fund my account with them?

You ask them for the specific account number via email, they have multiple company account numbers for different purposes.
Transfer your funds to the specified account number and then send a bank transfer receipt so that they will fund your stock trading account.
N50 will be deducted from the funding amount as bank charges fee.

debeey87:
Person use 450m buy Conoil today.

Doings.
Make I hustle to become a billionaire.

Is it possible to invest in Ghana EuroBonds as a Nigeria?

BabsO2:
FBNH results need to be looked into deeply to understand the reason for the poor dividend payout ratio that is less than 10% of EPS. Perhaps capital adequacy ratio issues as customer deposits has been growing nicely.

The dividend payout is decided by both the directors of the bank and the CBN regulator.

Mpeace:
Poor dividend but excellent performance.
Eps from 2.45 to 4.17
Profit after tax from 89.7billion to 151billion.
The elephant could well be back again but lets look deeply into the result before concluding.

Dividend per share reduced from 45 kobo for year 2020 to 35 kobo for year 2021.
Cash and cash equivalents for the Group at end of year 31 December 2021 was 1,456,967,000,000.

yMcy56:
CBN raises MPR to 13% from 11.5%
https://nairametrics.com/2022/05/24/cbns-monetary-policy-committee-raises-interest-rate-to-13/?amp=1

Market will stabilize after the fearfuls dumping stocks exit......

Some prefer TB rates while some still prefer stocks......
Small time, dem go dey creep back into the market again....
Maybe the plan is to crash stock prices so they can come to mop cheaply, Mr. Market has the final say here...
Make Una no mind me, I no be Financial expert.

Abeg what is the meaning of these MRP and its increase to those of us wey no Sabi finance

This is really a serious question.

Coolcash1:
Caverton about to enter area of value. Bargain hunters take note.

Caverton business model is dead.

Someone was arguing with me about this.
Can car experts confirm this for me?

yMcy56:
It's cross deals.......
Some transactions are picked at premium......
Some picked a bit high to accommodate the volumes required....

What's the meaning of cross deals?

OBAGADAFFI:
FBNH will be interesting to market watchers.


And Access selling her pension fund arm to First Pension Custodian a subsidiary of FBNH is a good News.

How is it good news?
If the business is so good why sell it?
There was no reason given for the sale to shareholders.
Maybe Access bank insiders can shed a light on this?

What factors can one use to predict the period when crude oil price will become low?

Onbiz:
what's trove naira to USD exchange rate?

I don't know and i don't care because there rate is always bad for the customer.

What website or place can i see 52 weeks lows on the NGX?

yMcy56:
Not yet

What of 2021 unaudited financial statement?

yMcy56:
Not yet

What of unaudited financial statement?

lexy2lexy:
Does anyone know if Presco PLC has released 2021 audited statements or 1Q2022 results?

This is what presco plc has released for now.

sonofElElyon:
What about mcnichols ?

6 to 5 bonus.. and improved Q1 results..

I feel you can buy it if you want the dividends and bonus shares but don't hold the stock for the long term(Take profit as soon you can).
It's a short-term buy.

I read the 2021 financial result and q1 result for you.
Wishing you high roi in your investments.

sonofElElyon:
I beg gurus in the house should we jijo or buy and hold

Avoid the stock except you are willing to lose your money.

9free:
Those of us that bought the IPO will gladly sell to jijoist next week Wednesday, use the proceed to eat good meal at Niger-delta restaurant and do charity work with what is left.

Lol.

emmanuelewumi:
Always allocating shares to their workers and management, reason why the outstanding shares are always increasing

By allocating do you mean issuing new shares?

Nigerialabalaba:
Thank God say u no be bot sef.

I read ur comment I just weak . Oga, ur comment just flash Seplat q1 2022 for my mind. Total Energies eps na N12.86 and costs less dan N250 per share but Seplat wey hin eps dey less dan N12 con be over N1000, no be winchcraftry be dis? wey Seplat PAT double but eps con half , d over all liabilities gbese balloon to almost N1.5 trillion yet dividend dey go so say. e be like say Seplat shareholders na Alaaru ti on je buredi.

Any body wey dey do magomago for hin account, na thunder go fire d pesin las las.

Make dem go ask Jegede, Bunmi Oni and JT wey escape by d whiskers.

Make investors remain vigilant. In fact, our number here dey enough to form shareholders association sef wit our 101% dependable Aunty mi Mcy to run d Executive Secretariat
Igi pawpaw o ni wo pawa o.

Does Seplat PAT doubling but its eps halving point to a significant share dilution event?

Mpeace:
Meanwhile q1 is out
https://doclib.ngxgroup.com/Financial_NewsDocs/35790_ACCESS_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_.pdf
Eps grew from 1.49 to 1.63
PAT grew from 52billion to 57 billion.

Ahead of GTCO Eps 1.51 PAT 43billion.

So why cant Access bank pay good dividends and join gtco and zenith at 20+



Question: Did Fx gain just rescue Access bank from declaring a loss?

The corporate action document is not straightforward.
They declared final dividends as interim dividends.
I don't understand the stuff.