₦airaland Forum

DIVIDENDS & QUALIFICATION DATES IN AUG 2022
FLOUR MILLS: N2.15k.......... 12/08/2022
SEPLAT: $0.025 (Quarterly)..12/08/2022
CUTIX: 0.10k.......................... 19/08/2022
NNFM: 0.25k.......................... 23/08/2022
UPL: 0.10k.............................. 31/08/2022

INTERIM DIVIDEND 2022
MTNN: N5.60k.............18/08/2022
CUSTODIAN: 0.10k..... 19/08/2022
OKOMU: N7.00........... 22/08/2022
.

** If there be any other in Aug, it will be added in this space**
Happy New Month!

CUSTODIAN Corporate Action........
Interim Dividend: 0.10k
Qualification Date:19th Aug, 2022
Payment Date: 01 September, 2022
Registrar: Meristem
https://doclib.ngxgroup.com/Financial_NewsDocs/36594_CUSTODIAN_INVESTMENT_PLC%20CUSTODIAN_INVESTMENT_PLC_%20_IN.pdf

** Any long termer/Dividend investor who sees this stock @6.30 recently and didn't buy is not a serious long termer.....

yMcy56:
GLOBAL SPECTRUM
Delisting price is out..... N4.19
Very illiquid stock that people cannot see to buy when delisting was announced.
https://doclib.ngxgroup.com/Financial_NewsDocs/36536_GLOBAL_SPECTRUM_ENERGY_SERVICES_PLC%20GLOBAL_SPECTRUM_DE.pdf

GLOBAL SPECTRUM:
* Anyone not interested in going private with the Company should fill "Delisting Acceptance Form" for payment of Exit Price of N4.19k.....
* Offer opened on 20th July, 2022 and closes on 19th August, 2022.
** Fill form, scan and send to Africa Prudential on/before closing date, Aug 19, 2022.
** Final/Exit Payment shall be done on 8th September, 2022.

https://www.globalspectrumplc.com/wp-content/uploads/2022/07/15th-AGM-Acceptance-Form.pdf
https://www.globalspectrumplc.com/financial-review/shareholder-information/

VITAFOAM Q3, 2022
A good one.......
https://doclib.ngxgroup.com/Financial_NewsDocs/36572_VITAFOAM_NIG_PLC%20_QUARTER_3_%20_FINANCIAL_STATEMENT_FOR.pdf

MORE RESULTS :
https://doclib.ngxgroup.com/Financial_NewsDocs/36559_MTN_NIGERIA_COMMUNICATIONS_PLC%20_QUARTER_2_%20_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36569_NEIMETH_INTERNATIONAL_PHARMACEUTICALS_PLC%20_QUARTER_2_%20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36568_BERGER_PAINTS_NIGERIA_PLC%20_QUARTER_2_%20_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36562_DANGOTE_SUGAR_REFINERY_PLC%20_QUARTER_2_%20_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36567_SOVEREIGN_TRUST_INSURANCE_PLC%20_QUARTER_2_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36558_FIDSON_HEALTHCARE_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36560_VERITAS_KAPITAL_ASSURANCE_PLC%20_QUARTER_2_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36557_INTERNATIONAL_BREWERIES_PLC%20_QUARTER_2_%20_FINANCIAL_ST.pdf

For more result, visit:
https://doclib.ngxgroup.com/Issuers-section/corporate-disclosures/company-results

More entities picking NGXGROUP shares:
https://doclib.ngxgroup.com/Financial_NewsDocs/36392_NIGERIAN_EXCHANGE_GROUP_PLC%20NOTIFICATION_OF_784%_SHAR.pdf

Elsueno:
unfortunately I have already spent the money, had to buy some goods due to anticipated price increase...But did Honeywell did same thing a while back too?

It's good then.

Yes. Honeywell moved from below N1 (maybe 0.83k or so) to Circa N4.....before coming down again.

Flour Mills purchased huge stake in HONEYWELL and there's an update from FMN for mandatory take over of 1% to meet regulatory requirements.
We don't know what will later later happen to the remaining shareholders, maybe there could then be merger or so.
https://doclib.ngxgroup.com/Financial_NewsDocs/36561_FLOUR_MILLS_OF_NIGERIA_PLC%20FMN_NOTIFICATION_TO_NGX_ON_.pdf

GLOBAL SPECTRUM
Delisting price is out..... N4.19
Very illiquid stock that people cannot see to buy when delisting was announced.
https://doclib.ngxgroup.com/Financial_NewsDocs/36536_GLOBAL_SPECTRUM_ENERGY_SERVICES_PLC%20GLOBAL_SPECTRUM_DE.pdf

We await Courtville's delisting price too.......the mgmt better do well.

I just had the feelings that MTNN will perform well......... especially with AIRTEL going up. Gut feelings was right.

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

MonkeyHunter:
It looks like Guinness made a mistake in the dividend they declared in their Corporate Action Announcement. Their EPS was N7.15 and they proposed a dividend of 47k in their financials.

Maybe it was typo....
I for say from 0.45k or something to N7!
Let's wait for Coys reversed document on this, if it's wrong.

*** Updated***
Eventually, the dividend of N7.14 was right.
A good one from Guinness!

ojesymsym:
lol. As for Seplat I was a beneficiary. Guinness, I also was but panicked and sold some holdings, but my sale of the remaining one more than compensated.

Lol. Wasn't referring to you in particular, but NSEMPAs generally.

Mpeace:
Mtn doing 204. Many greens today.

ZENITH is vexing.......
Chai!!! That stock @ below 20, is like a give-away.....
Make I no too talk sha.

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*