₦airaland Forum

Elsueno:
multiverse

That Multiverse na error oo.
Think you sold at the same price you bought (if you sell @2), and if fees are added, it might be at slight loss.
MULTIVERSE did reconstruction of 1:10, i.e your holdings divided by 10.......and price was also multiplied by 10....
That was how we arrived at N2......check well.

ojesymsym:
So those that bought at around 13-15 can recover their nominal capital in 2 years.
How does one identify stocks like this?
Seplat is another one, sold around 367 in 2020 and around 1430 today.

Even if e dey stare you for face Una go buy? No be analysis-paralysis go full ground?

Can remember SEPLAT at sub 300, N295 or so, Peter even said he's waiting @150 that time, today he's still waiting at the junction...

feelamong:
this information for Dividend is not correct
they must have mistakenly typed the EPS as dividend in this notification..
Buyers Beware!!!!!

Lol. Be like say you heavy for Guinness.
Chai!! See the Guinness that even touch 13+ or is 14 that time, and some were even waiting @below N10.....

I hope Brokerharuna and some ogas that picked that time are still sitting inside the bus.....
I'm sure Peter would have exited long time ago, he doesn't even believe in himself.

Market recovering??

* Some people saw ZENITH @18.90 and still waiting @10........well, all way na way....
* ZEE sighted @20.45........Up with +1.55!
* UCAP back to 11.......Full bid!!
* MTNN sighted circa @200.....

Maybe I shouldn't be too hasty sha........

Elsueno:
Anyways a while back one company show for NSE at 0.20k, I got small change & loaded it, didn't even expect much, but a few weeks ago when I checked, it went to almost N2 ... Cash out small

Mention the stock....

More Q2 results released.......

The Brewery Sector released, NB and Guinness did wonderfully well. IB to follow suit hopefully.

GUINNESS Corporate Action :
Final Dividend: N7.14
Qualification Date: 23rd September, 2022
Payment Date: 26th October, 2022
Registrar: Veritas
https://doclib.ngxgroup.com/Financial_NewsDocs/36500_GUINNESS_NIG_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_ON_DIVI.pdf

In another news, ZENITH and ACCESS confirmed payment of Interim Dividend subject to CBN's approval.......

seyisanya:
This DANGSUGAR stock is a quite interesting stock. While everything is falling, the demand for SUGAR keeps increasing in millions. Alhaji is doing well!

Lol. Quite a lot of defence @16.
DANGCEM too......only shedding intra-day, but closing price remains fair so far.
Some penny stocks also defensive......NEM, Chams and few other ones.
Too much eyes and interest in the banking sector really..

JAPAUL on the other hand is going home.........
*Edited*

In another news, this bear no touch some stocks......
If not for bear self, AIRTEL would have successfully crossed 2k junction........
This is to say that MTNN will be a good bargain when it bottoms...

First Bank surprisingly is defending the share price, so also DANGSUGAR and few other ones......

As good as banking stocks could be, their other side could be very disheartening.....
We hope we are getting to the peak of these shedding already.....

More Q2 results are coming out......
....and from the few I've checked, they performed well.......so, invariably, the fundamentals of the stocks are good, market is just responding to more external forces of both local and int'l happenings.......
Learnt it's the foreigners exiting...

ZENITH: Doing what it knows how to do best........just unfortunate that some already took position here, if not, this is a very good opportunity presenting itself ....
Guess anyone already seated in the bus should just do siddon look, except you have another strategy like averaging down when it bottoms....or lock in the profit if still in profit, to pick much lower.....

See as ZENITH is trying to overtake GTCO in this race
Emefiele taking revenge on Nigerians for the failed presidential ambition.
It's very wrong to have allowed him continue to sit on that position after declaring his interest.......either win, lose or back out.......very wrong..

COURTVILLE
Outcome of AGM is out.......
** Director's to commence voluntary delisting process....
** Delisting buy-out price yet to be announced....
** Unissued Share Capital to be cancelled......
** Dividend of 0.04k to be paid on Pro-rata basis to shareholders whose name appears in the register as at 9th June, 2022

https://doclib.ngxgroup.com/Financial_NewsDocs/36449_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20RESOLUTIONS_PASSED_.pdf

* MTNN : Support sighted @185.......will the support break or hold? We're watching......
.
.

seyisanya:
How do you know that we're now in a full swing bear market? When you see a page or more of e-vawulence!

Surprisingly, no such vawulence like it used to be in the past.......vawulence for don yapa by now...
I first peeped before logging in today.....

Agbalowomeri:
the journey is sub-20

Agba's post on GT in May 05, 2021.......
Such a long period......
So, Oga Agba, GTCo touched 19.80 today, should we expect reversal up from the 19.80 anytime from now or what's the next support.....

One other Oga too mentioned 19.80, think @thesilentone, Oya o, make Una come tell us the next on TA....

Mpeace:
Mtn fall started on friday or there about. I just did averaging down sha. Let the result come sowe know if its result induced. The next 3day lots of results will be released. We see how it goes.

Yes. Saw it from 230 or thereabout, down to 192.50 yesterday.
Need to watch out for likely bottom before averaging down again.........there's also the need to be watchful of the dumpers appearing from nowhere towards closing of market.......except you're picking in tranches.

* Bids far outweigh offers as at now........watching if they're trying to cross to themselves at the price they converged on bid table........@185....

People will be looking for bear, bear will come dem go pick race again....

COURTVILLE
Pls did anyone receive payment yesterday?
26th was the payment date.

Modified: Dividend paid*

Mpeace:
Mtn will end the day on full offer.

MTNN was seriously battered. One would wonder what its sin was........
Bargainers are watching it like halk sha.

Market was generally bloo.dy yesterday........
Watching how today's own go be......it is well

kolaish:
At least, the investment is there for everybody to see and not inside Peter Obi's bank account. You and I know how the capital markets works.......
The source fail to let us know the worth of the investment when IB was N9 two months ago....

It baffles me how people have been tagging Obi's investment in IB PLC on share price alone.......
Makes someone to wonder what can't these set of selfish beings called polithiefcians do just to tanish good plans and score cheap points.

The question is:
Did Obi invest the amount on shares alone?
If he'd invested the said amount on shares, at what price?

We should recall that International Breweries did IPO sometimes in the past (can't research the year now), and guess what the share price was?? 0.87kobo, if I could still recollect very well.
So, even @N5, anyone that invested in IB that time should be in profit.

Now, those arguing about this investment should please do us a favour and get the details of what transpires so we could understand perfectly what they were driving at.

** NB: Just looking at it from the investment point of view and not politics**

PETERiCHY:
USD now #650 heading to #1000 while some are busy calculating dividend yield
PENNY WISE POUND FOOLISH

Different strokes for different folks......

Remember that stocking up Dollars @ high price may have it's negative impact too, because $$ was scarce due to hoarding.........well, you may be lucky if it goes up the more but if otherwise, then........

sidonlook:
I bought livestock @ 1.90 and I don't know what to do with the stock now @1.25.
* I need advice as I am loosing so much already.

I tried to check Livestock's Quarter 1, 2022 to see what could have gone wrong...........and then saw that Gross profit and Operating profit were good BUT Finance Cost chopped so much into the profit....
In "Note 10", finance cost was the interest paid on loan.......which was on the high side....
* Guess this was mostly responsible for the drop in share price, coupled with the downturn in the market. It is well o.

As it is now, if you sell, you'll be selling at huge loss, maybe you just "siddonlook" for now like my ogas said. Once it bottom and market is looking up, you may either average down OR, you wait to see what Q2 will bring to the table, d shedding may turn to price appreciation if Q2 is good.

Willie2015:
Its a high time SEC direct dividend
To be paid into investors broking account...
Dis process of E Dividend Mandate is stressful.....

This will be a bit difficult and complicated IMO.

"NIGERIA IS NOT BROKE" SAYS BRF.....
https://www.google.com/amp/s/nairametrics.com/2022/07/25/nigeria-is-not-broke-fashola/%3famp=1

In another news, more Quarter 2, 2022 are released...
https://doclib.ngxgroup.com/Financial_NewsDocs/36425_FCMB_GROUP_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36413_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36424_BUA_CEMENT_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36421_ALUMINIUM_EXTRUSION_IND_PLC%20_QUARTER_2_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36418_SFS_REAL_ESTATE_INVESTMENT_TRUST%20_QUARTER_2_%20_FINANCIA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36417_SECURE_ELECTRONIC_TECHNOLOGY_PLC%20_QUARTER_2_%20_FINANCIA.pdf

Soooo, ZENITH reversed up today......much resistance to fall below 20.75 opening price....
Up with +0.95k to close @21.70......

GTCO: Much resistance to fall lower than 20.70......

UBA: The guys at 7.20 were able to get their fill today again........UBA sighted @7.10 thereafter.......

AIRTEL
Kenya subsidiary acquired additional Spectrum costing $40m
https://doclib.ngxgroup.com/Financial_NewsDocs/36412_AIRTEL_AFRICA_PLC%20KENYA_SPECTRUM_ACQUISITION_KENYA_SPE.pdf

*Edited*

lolaluv1:
Hi @yMcy5 Please do you have any stock recommendations for a sister?
And is it a good time to sell UCAP

You may have to exercise patience for now......till all these response to increased MPR and Nigeria's deficit news died down, and market shows some signs of stability at least.

As for UCAP, it depends entirely on you and your objective for buying it.
From observation, UCAP has been showing some resilience in the face of the sell offs. Good Q2 result has also helped to prevent steep dumping in the stock so far...,..but like I said, it entirely depends on you and where you intend to invest the fund if you choose to sell it. Just make sure such investment will give you more value for your money.

WHERE TO INVEST N100M TODAY BY NAIRAMETRICS (2 days ago)
* Many are wondering which asset class to invest in that would at least match inflation.......
* Nairametrics reached out to some investment banks and experts to help answer these questions......
* One of the respondents, Oladipupo Tijani advised investing in dollar denominated assets such as Sovereign and corporate eurobonds, eurobonds denominated mutual funds and stocks.....
* Another respondent, Dr. Paul Udum who is also the Head of Securities Trading at Planet Capital has the attached to say.....
*......read more in below link.....
https://www.google.com/amp/s/nairametrics.com/2022/07/21/where-to-invest-n100-million-today/%3famp=1

OBAGADAFFI:
Debt servicing finally surpasses revenue as FG releases Q1 data.
https://www.thecable.ng/breaking-debt-servicing-finally-surpasses-revenue-as-fg-releases-q1-data/amp
Prepare for the worst

Which one we dey before?
This is expected to happen with the incessant borrowing and no plan to pay back nah.
Which revenue is the country generating when FG doesn't have time for the sectors except oil, and the said oyel, na to spend , nothing like development.......I weak the day I read that NNPC is spending more than the revenue being generated and all that......
As dem don milk NNPC dry, dey wan come list the can for NGX..
Na God go help us for this corntree o.

Q2 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/36413_ECOBANK_TRANSNATIONAL_INCORPORATED%20_QUARTER_2_%20_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36395_AFRICA_PRUDENTIAL_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36394_UNION_DICON_SALT_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36369_UNITED_CAPITAL_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36363_UNILEVER_NIGERIA_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT.pdf

Slimdove:
International brewery @ 4.95
Abi some people don veiw result somehow

It may be due to: itchy fingers, fear, insider info (which may sometimes be read upside-down), current market situation brought about by MPR increase or whatever is pursuing the sellers.

My take, keep eye on it. I think below 5 is a good bargain if not inside the bus yet. If you're, exercise patience.

AGM is coming up on 11th August, one of the special biz to be discussed is Unissued Share Capital, not saying there'll be bonus issue oooo, but it's an option to be considered too.......the Unissued Shares may be cancelled, final decision is with the board.

Las las, na to wait and see the result before we go judge am.

E Ku Market ooo.
No be small thing......to even post now get as e be.

Anyway, GTCO is now looking more of accumulation than dumping...... someone else may be seeing dumping, but na accumulation I dey see now......I could be wrong...
AIRTEL Sighted in the 2k region, trading above 2000 intraday........wonder why MTNN is not moving along yet...
NB PLC.....quite a lot of cross deals @49.75 today again......
UACN...... getting some attention......
FBNH MM or broker.....doing a good defensive job....

In another news, BUACEM don pay Dividend today...

Qstfh:
Do you seen a good opportunity in NB?

Possibly.
You can take some risks at below 49/50.......if you're a risk taker or if it aligns with your investment obj.
Coys with overseas parent company could sometimes deliver if entry is timed right.
Also, a lot has been discussed here about the brewery sector.....and, NB now has a tradition of paying interim Dividend (after exiting loss). May be worth the risk.
You can monitor the price mvmt to know when to enter too.

**Pls note that his is my personal opinion, DD is also advised**

Quite a lot of activities/Cross deals in NB PLC @49.75.....
GTCO: Quite some activities @21.....
First Bank: No be small thing.....
...Wonder where these last minute guys used to come from.........mostly MMs anyway.

MULTIVERSE
Abi the MM heard my complaint yesterday......now up with 10%......dey better behave themselves.....

In another news, some panic sales witnessed earlier.......Las las, Mr. Market and everybody go dey alright.