₦airaland Forum

Jerekre:
Just received mine, almost wanted to ask Mcy if no be today

Lol.
Today 13th is the payment date for ZEE....
Next: STANBIC on 21/09/22
Followed by: UBA on 29/09/22
Followed by GTCO and FIDELITY on 30/09/22.....

ACCESS: 4th October .... *Modified*

DIVIDEND YIELD AS AT TODAY'S CLOSING PRICE
FIRST 10 STOCKS WITH THE HIGHEST DIVIDEND YIELD AS AT TODAY.....

STOCK................. YIELD
1. ZENITH @20: 15.46%
2. GTCO @19.80: 15.15%
3. MANSARD @1.78:. 13.89%
4. UBA @7.50:. 13.33%
5. UCAP @11.90:. 12.61%
6. STANBIC @30: 11.67%
7. ACCESSCORP @8.90: 11.30%
8. JBERGER @25.90: 9.65%
9. TOTAL @234.50: 9.47%
10: CONOIL @26.50: 9.43%

SFSREIT, AFRIPRUD, COURTVILLE, WAPCO, DANGCEM, CORNERSTONE, M&B, CUSTODIAN, GSK, ETC .......in that order.......
Quite some stocks at good Dividend yields as at today's price really.......

**Just a refresher**

lancee:
sis mcy i beg when is the last day to buy gtco , zenith and uba .for inter div or time don pass.Thanks
Any news from access bank

Search for my post on 1st September concerning qualification dates, you'll see it there.

ojesymsym:
...

Multiverse MM seems to have wake up now......
Were you able to hold on till now ....or you don sell?

CHAMS also not doing badly......

GTCO
Seems some accumulations are ongoing @19.80 now.....Lots of crossings @ this junction....
Could it be that some of those that exited are coming back in?
We see how far this is true or untrue with time......

Dramadiddy:
is UPDC a good option to buy now?

You have to answer why you want to buy in the first place and for what duration.
If you're considering buying for short time, I think you may have to consider other stocks instead.

While no one can accurately predict what could happen, I think UPDC is for long termers.......and if you plan to buy for long term, try and pick @N1 or below, with patience, you'll likely get at that price.

If your target is price appreciation only, then picking below 1.02 and waiting patiently could still be it.

safepaulooo:
UNITED BANK FOR AFRICA PLC H1 2022 RESULTS (AUDITED)NGN 2022 vs 2021

Gross earnings: N375.793b vs N315.179b : 19.23%
Profit/(Loss) before tax: N85.749b vs N76.186b : 12.55%
Profit/(Loss) for the year: N70.334b vs N60.581b : 16.10%
Total comprehensive income/(Loss): N8.89b vs N40.33b : -77.96%
Net Assets: N788.48b vs N804.81b : -2.03%

This 77.96% drop in total comprehensive income and 2.03% drop in Net Assets doesn't tell a good story for UBA.

Can you please give us details of how the N40B comprehensive income came about in 2021
There's no point highlighting an item in isolation just to prove a point....... remember 2021 was a year that followed the COVID-19 year (2020) and a lot of changes took place, so detailing what brought about the difference would be good.

Why not also say something about the jump in PAT so you won't be making a partial judgement on the report.

Hope you'll consider other banks in this light as well.

In the meantime, dividend investors who believes in the bank should enjoy their interim Dividend......even when UBA sold for N5, some didn't still buy.

Mpeace:
Uba dont want to improve on their dividend. Fidelity will soon over take them

UBA tried with the 20k.....
I'd thought it would be lower than that self, like 0.17k with the rate those dumpers were dumping, BUT they've tried by maintaining the 20k.

.....and yes, Fidelity is doing so well.

[quote author=Krisuba post=116337443][/quote]Fidelity Qualification Date: 12/09/2022
Payment Date: 30/09/2022

UBA Q2, 2022 is out!!
Interim Dividend: 0.20k
Qualification Date: 22nd Sept, 2022
Payment Date: 29th Sept, 2022

A good one from UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/36733_UNITED_BANK_FOR_AFRICA_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf

Q2 Result:
https://doclib.ngxgroup.com/Financial_NewsDocs/36732_UNITED_BANK_FOR_AFRICA_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf

Cc: Lancee

Ajibade123:
please did mtn pay dividend recently

Yes.

yMcy56:
[b] MTNN Corporate action
Interim Dividend: N5.60k
Qualification Date: 18th August, 2022
Payment Date: 26th August, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_Dividend_Information_H1_2022.pdf

Fidelity making us proud....
Wonder what the mission of this 99k chain unit purchaser is........trying to prevent share price from moving up .....but he won't succeed...
Fidelity did so well....

STANBIC is another one that gave juicy interim.....

UBA half year result is expected around 9th Sept.....

*** Global Spectrum commenced pay-off for shareholders not interested in going private with them. ***

Oloro29:
@Mercy pls what is the conclusion on IEI takeover. Thanks

The first approval of block acquisition of 50.6% already gotten from NGX.....
Now at the stage of getting approval from SEC for mandatory take-over of the remaining 49.4% shares......
Once approval is received, it will be published.
* The amount paid for the 50.6% has not been made public yet.....at least, to my knowledge...*

https://doclib.ngxgroup.com/Financial_NewsDocs/36633_INTERNATIONAL_ENERGY_INSURANCE_PLC%20PRESS_STATEMENT_COR.pdf

DIVIDENDS & QUALIFICATION DATES IN SEPT 2022
LEARN AFRICA: 0.20k.....…........... 09/09/2022
TRIPPLE G: 0.06k.......................... 09/09/2022
RED STAR: 0.075k (7.5kobo)........13/09/2022
ACADEMY: 0.10k + 1:4 bonus......16/09/2022
GUINNESS: N7.14k....................... 23/09/2022

INTERIM DIVIDEND H1 2022
ZENITH: 0.30k............. 06/09/2022
STANBIC: N1.50k........ 06/09/2022
FIDELITY: 0.10K........... 12/09/2022 ....First of its kind
GTCO: 0.30k................. 20/09/2022
UBA: 0.20k.................... 22/09/2022
ACCESS: 0.20k...............28/09/2022


** If there be any other in September, it will be added in this space**
Welcome to the Ember months folks!!

sky2891:
I just saw this but it seems nothing was concluded. Please help look at it too:
https://doclib.ngxgroup.com/Financial_NewsDocs/36665_INTERNATIONAL_BREWERIES_PLC%20ANNUAL_GENERAL_MEETING_RE.pdf

They just authorized the directors to take necessary steps and consider the best option at the AGM.
Final resolution will come later.

kalkah:
[ FMN mandatory takeover of Honeywell announced only applies to existing investors who had the stock settled in their position on the 5th of August.

Ibrahim505:
MCY

Didn't see the qualification date until now. Guess I didn't pay attn to that line.
Thanks a lot.

[quote author=sky2891 post=115626303][/quote]*Modified*
You got update already

Ibrahim505:
QD was 04/08/2022

Any link to this pls?

Closing date is supposed to be 26th as seen clearly on the form.
FMN sent notification to NGX on 29th July while the letter issued by Honeywell to confirm the MTO was dated 11th August........so how could the closing date have been 4th Aug
Just needed more clarification on this.

@slimdove , the thing is that they may end up taking a smaller fraction of whatever units you tendered, depending on their qualified investors criteria.......because a lot of tender may be received.

SEC OKAYS 100% ACQUISITION OF IEI BY NORRENBERGER
** Approval gotten from NGX for block acquisition of 50.6%...,.
** Processes for mandatory take-over of remaining shares also commenced......
** Takeover offer price not yet disclosed.....
** IEI shareholders' prayers finally answered....

https://nairametrics.com/2022/08/04/norrenberger-advisory-takes-over-international-energy-insurance-after-acquiring-100-stake/

essentialone:
Has anyone received dividend of McNichols?

Send email to Coronation Registrar or contact them thru phone to find out.

talk2me2:
Do you have any idea how much they are paying per share?

N4.20k

@purity2all
*** If you have Honeywell shares and want to sell it to Flour Mills @N4.20, fill the MTO Form sent to you by Morgan, scan and send back to them before offer closes on 26th August, 2022 ............that's the summary of it.
Also:
* Pls understand that Flour Mills thru Ecowise and Greywise is picking just 1% from general shareholders for now......
* It's in fulfilment of a bulk purchase rule.......because they already acquired over 76% already....including the 5.06% from FBNH.
* This 1% representing 79.3Million units will be pro-rated if they receive more tenders than the 79.3M from general investors......which may turn out to be insignificant quantities to pick from each investor....
* All these details have been posted here before now.......
** The main one that may eventually benefit the[quote][/quote]remaining shareholders will be a merger of Honeywell and FMN flour biz or total acquisition..........this aspect is totally in the hands of FMN whichever way they later decided to do it.

MANDATORY TAKE OVER OFFER (MTO) TO HONEYWELL SHAREHOLDERS
Opening Date: 5th August, 2022
Closing Date: 26th August, 2022
Qualification Date: 4th August, 2022
Offer price: N4.20k
Contact your broker for a copy of the form if interested....
https://doclib.ngxgroup.com/Financial_NewsDocs/36658_HONEYWELL_FLOUR_MILL_PLC%20FMN_TO_LAUNCH_MTO_TO_HFMP_SHA.pdf


SEPLAT RESPONSE TO MEDIA REPORTS
* Reports that Ministerial Approval of MPU acquisition has been withdrawn is false.....
* No such notice received by SEPLAT...
https://doclib.ngxgroup.com/Financial_NewsDocs/36656_SEPLAT_ENERGY_PLC%20CORPORATE_ANNOUNCEMENT_ON_RESPONSE_T.pdf

yMcy56:
My opinion:
Still hold for now, let's see what they're up to.
On full bid @55k as @ now, insiders may already know what we don't know.
Also, delisting takes time and processes, so they can't just come overnight and delist it.

If you want to try out another one, to buy for keep, buy Chams if you see @20k..........if nothing happens, you have little or nothing to loose...

Jan 25 post...
Chams closed @31k today.
Cc: @edwardaigb

** NB: Not taking credit for anything. All glory to God alone. Just gives me joy to see some of these things working out**

essentialone:
Should I sell off my shares in Multiverse?

Are you still holding this?
If you could exercise some more patience, let's watch what may likely happen with time.....but overall decision is yours to take.

Marketapprentic:
I am interested in off market purchase of Japaul plc. I will buy at a premium. Contact me if you have many units. chukwudiikpo906@gmail.com. God bless

You don't want to tell us what you know.....

CHAMS also not doing badly in market....

megawealth01:
What happened to Multiverse? I just discovered they are now almost #2

Reconstruction. 1:10
Total share capital divided by 10......and share price multiplied by 10 post reconstruction.

essentialone:
Beware of Ardova Plc

Time for us to keep following up on the back and forth btw Zenon Oil, Prudent and ARDOVA.......
Seems some dramas are loading here.....
We'll be observing from the sideline from now on....
https://doclib.ngxgroup.com/Financial_NewsDocs/36647_ARDOVA_PLC%20PRESS_RELEASE_%20_MISLEADING_MISREPRESENTATIO.pdf

**

essentialone:
Thanks a lot. But Sovereign Trust Insurance company is actually different from Standard Trust Assurance company. But keep up the good work. Regards.

Thanks and thanks for the clarification.

SEPLAT ACQUISITION OF MOBIL PRODUCING UNLTD ..... UPDATE
Ministerial consent granted to SEPLAT to acquire Mobil PRODUCING Unlimited.......

https://doclib.ngxgroup.com/Financial_NewsDocs/36644_SEPLAT_ENERGY_PLC%20CORPORATE_ANNOUNCEMENT_ON_MPNU_MINIS.pdf

^^^
Thanks boss @Onegentleguy for the correction.
Had to check the list again and guess 'Sovereign' typed as 'Standard was typo on his part on oversight on mine part.
Correction well noted........also nice to know that Guinea isn't doing bad financially.
May have to revisit your post on Insurance Sector again. Thanks for your usual insightful posts.
Happy Sunday Sir.

Mfunkynation:
Lasaco hasn't release their FYE yet.
it's always around August and September if my memory serves me well

Lasaco Audited was out since May 2022..
Q1 and Q2 also out..

https://doclib.ngxgroup.com/Financial_NewsDocs/36061_LASACO_ASSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR.pdf