₦airaland Forum

Zagee:
You seem am too

I've been watching it since Monday o.
The guys picking are not on queue at all......just picking from the background.

I just didnt mention it cos of the ridiculous dividend they used to pay.
It's now @N1.50 anyway......

After dividend declaration we'll know what's up........maybe the Northwards journey already commenced or some guys are playing their usual pump & dump game.

TRANSCORP
@Locodemy where are you?

ZENITH
Selling at discount in market @25.25??
Chai!! The kind investors in this stock ehnnn?
If it were to be another stock, it would have opened with full bid....
Hopefully, it will be moving up gradually again.....

DANGCEM
In early gain in market.......
Sighted @290....Up with N14 so far ....

OANDO
Full bid @4.91.......
Na the Oando that didn't even declare any dividend be that.......

GTCO
GT hopefuls also buying in anticipation of a juicy dividend....

BUAFOODS
Crossed KM100 in yesterday's market .......closed @102...

beejay1:
Congrats to those long suffering investors who stuck through with OandO....be glad, as OandO made profit in 2021 Q4.
Hopefully you guys can recouped some of your losses

https://doclib.ngxgroup.com/Financial_NewsDocs/37922_OANDO_PLC-OANDO__Q1-Q4_2021__CORPORATE_ACTIONS_MARCH_2023.pdf

OANDO exited loss in Q4 2021. Wonderful!!
We'll be watching out for 2022 results from here...... let's be hopeful that we won't be disappointed...
Hope those minority shareholders calling for delisting will change their mind and allow investors recoup their losses on the Exchange.

yMcy56:
ZENITH:
Quite a large buying/selling @25.......
Price remains unchanged yet at this junction.....
Are some guys deliberately loading or exiting at this junction and keeping the price constant?
We don't know yet.....
Looks like loading ahead or in expectations of dividend announcement or so.......time will tell.

March 27 post.
The activities of those guys speaks louder in yesterday's market.
Now this is what they saw ahead - announcement of Div today.

ZENITH
Final Dividend: N2.90k
Qualification Date: 14th April, 2023
Payment Date: 2nd May, 2023
Registrar: Veritas
https://doclib.ngxgroup.com/Financial_NewsDocs/37914_ZENITH_BANK_PLC-ZENITH_BANK_PLC__CORPORATE_ACTION__CORPORATE_ACTIONS_MARCH_2023.pdf

* Nice one from Zenith!
* Total Dividend for 2022 FYE (Interim + Final) = N3.20k

CADBURY
Final Dividend: 0.40k
Qualification Date: 4th June, 2023
Payment Date: 27th June, 2023
Registrar: First Registrars
https://doclib.ngxgroup.com/Financial_NewsDocs/37904_CADBURY_NIGERIA_PLC.-CORPORATE_DISCLOSURE_CORPORATE_ACTIONS_MARCH_2023.pdf

** A positive devpt from Cadbury.

Mfunkynation:
I have sent mail to them one week ago but the are yet to reply my mail.

Maybe you sent to a wrong address or to an auto-address.

Try resend to: registrars@cardinalstone.com

Get back if there's still no response after sending to above address.

MTNN is the stock for today.....
Dominated today's trading in terms of deals...
Around N1.8B exchanged on transactions so far....
Maybe because today is the last qualification Date for dividend.....

ZENITH:
Quite a large buying/selling @25.......
Price remains unchanged yet at this junction.....
Are some guys deliberately loading or exiting at this junction and keeping the price constant?
We don't know yet.....
Looks like loading ahead or in expectations of dividend announcement or so.......time will tell.

Streetinvestor2:
Pls I use to think the the interval btw the qualification date and closure date is usually a day.Using Apr with qualification date to be 14/03/2023 and closure date 17/04/2023.What happens if you sell in btw this two dates?Do you still get dividend

Closure of register can't be one month apart from qualification!
It's usually 24hours after qualification Date or, from close of biz on the qualification Date.

In the case of AFRIPRUD, final qualification Date is 14th April while closure of register is 17th April.
14th is Friday,so closure commenced the next working day......which is Mon 17th.
https://doclib.ngxgroup.com/Financial_NewsDocs/37777_AFRICA_PRUDENTIAL_PLC-CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2023.pdf

9free:
Neither flesh nor blood revealed this to you.

Lol.

YoungBuffet:
Good analysis but what is the assurance that that dividend would be sustainable in the long run

Another perspective.

emmanuelewumi:
If you know you know, better than opening shop sef if you have the right tools.
I will share my thoughts on NASCON before the end of the week

Waiting to learn more here.

Ades1:
The question is, how many people invested 15 million in UCAP at N3? The few that did most likely sold when it hit N10 for a nice 250% return while also pocketing some juicy dividends along the way.

I now people here bought UCAP at cheap rates but there is difference between investing N500k and N15M

Rome wasn't built in a day......and,
A journey of a thousand miles begins with a step.

That was a good plan if you asked me because not all are traders.
We have those who invest for passive income, so such plan is a good one in my opinion.

Even if you buy at N10, with regular cashflow and, if you're consistent and keeps increasing your stake, you'll be earning something on monthly basis I Blv.

ositadima1:
While browsing, I stumbled upon "The Ponzi Factor," a book whose author argues that, apart from dividend-paying stocks, the stock market operates like a Ponzi scheme. According to the author, when it comes to stocks that don't pay dividends, investors purchase them with the hope of selling them at a higher price to someone else, and the market requires a steady stream of new investors to sustain profits for existing investors. The book made some compelling points, and I recommend giving it a read as it's a concise read.

It sparked a different thought in me: If I had invested 15 million in UCAP in 2020, I would be receiving nearly 700k+ per month in dividends, which is similar to what Shell SPDC contract office workers in Port Harcourt earn each month. This translates to a passive 57% return on initial investment.

Nice one.

Can you break down the B part with some Arithmetic examples.

ZENITH
- Arrived KM 25
- Was looking like they wouldn't buy before....


FIDELITY:
- This stock has been exhibiting untiring strength for some times now.....

ZENITH
Pulled back to 23.50/60 last week....... I'm sure someone might be waiting for at below 20 for it, ..but it zoomed back to 24.50/60 by Friday....
* Quite some significant reluctance to fall Lower today......
* Bids initially lower than offers.........but as at now, bids has outweigh offers....

* Lol. Someone already brought out offer to increase the offer size......
We keep watching how it goes....

GANDALF1:
Nobody wan gree say dem dey group again o whereas I dey sey una posts for the ones wey I dey until now

Make una add that guy jor. Unfortunately I cant add him or anyone as I am not admin but everyone that has spoken so far are admins of some of the groups.
Add him ooooo

It's not everyone that loves to conceal or shy away from telling the truth.
This thing is simple.
Contact your group Admin to add him.
Issa simple stuff.

CUSTODIAN
Final Dividend: 0.55k
Qualification Date: 31st March, 2023
Payment Date: 13th April,2023
Registrar: Meristem
https://doclib.ngxgroup.com/Financial_NewsDocs/37844_CUSTODIAN_INVESTMENT_PLC-CUSTODIAN_INVESTMENT_PLC___CORPORATE_ACTION_CORPORATE_ACTIONS_MARCH_2023.pdf

** Interim of N10k was earlier paid........bringing total dividend to 65k for 2022 fye.
*A good one from CUSTODIAN*

The best 3 insurance stocks in order of priority remains: (from Mcy's point of view anyway)
*CUSTODIAN
* MANSARD
* NEM

** CUSTODIAN is particularly excellent for long termers** This has been said times without number here.

Agbalowomeri:
Me na WhatsApp dating group I wan open
Bring one babe collect two

GANDALF1:
Incase you are not aware, there are more than 5 NSEMPA WhatsApp groups where the members discuss and strategize on stocks before announcing it here.
So no one is going to tell you the stocks they are buying until they have gotten their fill and are ready to dump on you.
You can liase with Mcy or Pa Emma to add you to theirs.

Why liase with Mcy?
For your info, I do not belong to any Whatsapp group...
* Whatever you see me post here are efforts of my own hardwork in my own little way......going out of my way to do readings, observe, study trends, etc.

I was once invited to a WhatsApp group and the day I posted/made appearance there was the day I exited the group due to some biases expressed against my person.
Also, they're more of value/long term investors and me I be trader, I don't really look belonging there. So I quitted.

STANBIC
Final Dividend: N2.00
Qualification Date: 3rd April, 2023
Payment Date: 26th May, 2023
Registrar: First Registrar

A good one from STANBIC.
https://doclib.ngxgroup.com/Financial_NewsDocs/37838_STANBIC_IBTC__HOLDINGS_PLC-CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2023.pdf


** Hopefully there'll be more results released since the guber election is behind us.
** Congrats to all the winners!!

YoungBuffet:
some people left zenith out of fear, even uba will surprise many.

ZENITH currently @24.50.....

UBA has a dividend yield of 12.5% or so, @8
I know dividend yield isn't the only yardstick anyway.

ZENITH
Bids increasing, outweigh offers.....
currently @23.65......lets see if the dumpers are still coming...


* Not any form of advice pls. Just daily update**

Ginalex:
please is now a good entry time for UCAP?

Watch first.
Keep eye on the price movement and turn of events in the market.

** Presently, support is sighted @ around 11
We keep watching if it will hold or not......or if it will get there or not.

Ginalex:
you don't know what you've done for me. Thank you so much. One more request please. Do you have the link I can use to register/subscribe?

Here:
https://portal.cscs.ng/home/register

Individual subscription costs N3,010 (was formerly around N2,600 or so)

* You can also check instructions here:
https://www.cscs.ng/online-subscription/

Ginalex:
how can I check for this please?

You can request for a copy of your CSCS statement from your stock broker and compare it with the stocks/quantities in your portfolio.
*Sometimes, there may even be some bonuses that one doesn't know were there.

You may also subscribe to annual CSCS online (Individual) to be able to access your CSCS statement and check the bonuses/stocks by yourself.

YoungBuffet:
2008 was brutal on our NSE simply cos they bided everything high both good and dead stocks, brokers were getting margin loan from banks, every dick and harry was entry stocks on the fake analysis paralysis of stock brokers until FPIs allow the madness get to the peak then they dumped on us. Many lost their lives and the rest learnt hard lesson of a life time, i dont think it can be worst on us like that of 2008 since we are not currently have majority of FPIs guys on our NSE though that is my view.

Funny how Prof compares 2023 to 2008!
Wonder what brought the side by side comparison in the first place........and if he's referring to The States, he ought to be specific.

In 2008 before the crash, did someone know how much each stock share price was selling and how much they are now ?

Even JAPAUL that was selling at Kobo Kobo now was selling above N13, all the insurance stocks grounded at 20kobo now are selling at high amount that time......banking stocks, industrial, consumer goods, oil & gas, etc are all on high side.

Isn't it wicked to compare 2023 to 2008? Except they're saying all stocks should be rounded down to miminum value of 0.20k..God forbid.
Make Una no vex o.

essentialone:
Madam Mcy, please how can I get OPAY to pay me for this advert? Nothing is free again ooo. Not even in Freetown. lol

Lol. Thought you're an agent already.
Contact them na.....as good customer concern.

GTCO, ZENITH
* These two are the stocks mostly affected in market.....
*Yesterday GT was dragging ZEE.....
* Today ZEE is proving to be the champion when it comes to moving south......
* If not because they're solid stocks, they can be annoying sometimes.

UCAP
Marked down for dividend.......
Opened @12.90
Looks like one entity was selling down before markdown, thus dragged the share price down...

essentialone:
This cashless policy has exposed the weakness of the Nigerian Banks infrastructures.

Meanwhile, if you want to send money to anyone using OPAY, no need to ask for their account number. Just remove the first 0 in their phone numbers. The remaining 10 digits is their OPAY account number. You can use my phone number to experiment it🙄
.

Lol. Good advert for Opay.
Never been paying attention to those Fintech medium until recently.
Many pple are actually switching to them........but they do have their own issues too.

For the banks, I think the recent pressures were much than what they'd envisaged, but some are now upgrading the infrastructures to accommodate the high online demands.

YoungBuffet:
that is to tell you FPIs are not really much on NSE if not they would have done the dumping at any price

Chai!! Those guys ehnnn!!
They nearly crashed this market in March 2020 if not for God on our side.

They were just rolling out trucks of the kayas and selling at any available price that time.
The banking sector especially really felt the heat......and it cut across all sectors.

Imagine Zenith @10.70!!!
Wasn't funny that time. It affected quite a lot of people and till date, some people will not near NSE for whatever reason.

YoungBuffet:
all i see in the market is caution from both sellers and buyers

Yes. Cautious trading.......
People trying to bid lower......but not much sellers are willing to sell lower.....

machine606:
Is this stock on NGX? Hardly hear anything from them, or because it's not on my radar.

Lol.
It's directly above ETERNA

Except recently when bonus was announced, I don't think I've seen it traded in a long time.
Very illiquid and I think the price seems to be on the high side self......maybe the price it was sold last several years ago.

** Bonus has again being cancelled self. No more bonus issue**

** Funny enough, the stock has been officially moved up with 100k bulk units.......now @17.75.....up with +1.55....