₦airaland Forum

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.

This Multiverse is a big disappointment!!!
How can their MM just watch the share price falling uncontrollably without at least keeping it at N2?

By the time I got the info about the already done reconstruction by them, it was on suspension already. They only came to formalize it.

Well, one can never win all in this market. Maybe the best bet is to offload the car.cass or be watching out for bottoming of all these.
Cc: Ojeysmsm

In another news, a single Cross deal of 65M units of UBA was done in today's trading by one heavyweight..........UBA getting lots of attention from institutional as well as retail investors these days.

MTNN
Lots of "gbelo gbebo" for the past few days......
Transactions above normal dailies......
Is this as a result of coming interim dividend or there are some news coming up from that quarter?

Guess this is two of the reasons......
https://doclib.ngxgroup.com/Financial_NewsDocs/36382_MTN_NIGERIA_COMMUNICATIONS_PLC%20CREDIT_RATINGS_REVIEW_%20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/36381_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_NIGERIA_COMMUNICATI.pdf

ositadima1:
Since 2020 till now, FCMB stocks has outperformed UBA, why is that? Almost 3 good years, is this period not long enough for investors to see value and act accordingly or is there an underlying problem that you are not seeing? Or, even still, has the problem(assuming UBA had one) now been resolved?

Regarding the Oga u quoted, nobody knows it all. I also predicted that FCMB will move up (it is here on this thread) when it was around 1.5 back in 2020 and it came to pass. When I started dabbling with charts, probably a lucky break.

Outperform UBA in terms of what and what?
Capital appreciation? Financials?

Anyway, me I be newbie and amateur, so asking all these questions may just be that you're addressing those concerns to the wrong person.

One thing I know is that Mr. Market do happens to all stocks. Sometimes we wonder why some situations are like that. Even the UBA wasn't supposed to be battered like it is currently but it is what it is.

My response to you has to do with which of the two will give more value around these season, and I see UBA delivering more value to shareholders at currentprice, even if interim of 0.17k is paid.

Could remember very well your prediction on FCMB that time, it even outperformed your predictions. You don forget say na me and you dey talk am that time?

ositadima1:
I would choose FCMB over UBA for a few reasons.

UBA can't be compared to FCMB in this instance.....
Those highlighted reasons were not all inclusive......
UBA appears to be the best in banking this season........in my layman's understanding.

GTCO: Once the dumper is done (and is appearing so), the rise will likely be faster........started on a slow and steady move already.......all things being equal.

Even at N21.35 yesterday's closing price, GT's Dividend yield is still 14.32%
Followed by Zenith N22 @13.96%
Followed by UBA N7.45 @13.51%
Followed by MANSARD N2 @12.69%
Followed by UCAP N12.85 @11.86%
..........to mention the first 5 as at yesterday's share price.

**NB. Could see that Oga OGG also made some analysis on your comparisons. E be like say I dey on track too. Lol. **

UCAP & UNILEVER Q2 2022 at a glance (from MCSL).....

AIRTEL: Sighted @N1,905........Up with N173.20...

GTCO: Sighted @21!!
From 20.40.......to 20.70.........now @21...
Is the dumper still coming.......or he's getting exhausted? We wait and see.....

joedguy:
Gud morning. Pls madam ymcy is mytradebook having login problem

How far with this?
I got to understand that the login problem was due to password issues...... the need to use stronger password that contains Capital letter, small letter, number and character.

If you still couldn't login, send mail to GTL customer care for password reset. Nothing was wrong with Mytradebook.
I got prompt response from them for this.

CAVERTON
Sighted on full bid @1.22
Caverton seems to be getting on right track.......
* Aircrafts repairs now extended to third parties.......
* Maintenance of fleets belonging to Nigerian Armed forces, Presidential fleet from Benin Republic now uses their services.....
* Water bus to support marine transport...... Etc.
https://doclib.ngxgroup.com/Financial_NewsDocs/36318_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20PRESS_RELEASE_ON_M.pdf

Surprised those bashing were not quick to come announce this one......
So when OGG said N1 and below was good bargain, he was right......
Think I also mention N1.10 and below.......I was right too........make I follow Oga OGG shine small for here...


ACADEMY PRESS
Full bid @1.89.....
Gave the juiciest reward in the Sector...in my opinion..
Followed by LEARN AFRICA.......
Followed by UPL........

OBAGADAFFI:
Agreed, waiting for Learn Africa corporate action

0.20k was proposed by Learn Africas Director's for 2021 FYE.
A good one from Learn Africa too.

The Sector did so well in the last Financial Year End....

Princkez:
I don't really understand this ARDOVA...looks like a big scam

Maybe dem get some Directors and friends-in-power chopping there.......and all the chops dey go under cost of sales.
Enyo acquisition/result may also have impacted negatively on their result.

I just dey help Una post the reports.
Na Experts go dissect the result well well.....

GTCO, ACCESS
Are sellers getting tired or we are still waiting for the dumper?

** Saw some transactions for Deepcap and Daarcomm. Hope the buyers are not in this forum.. If you buy you are OYO o **

GTCO: The more the entity is dumping, the more people are buying.........I want to believe the guy/guys didn't have unlimited number of units anyway.
We siddon quietly dey watch......

sterlingD:
I hope Ardova will do and release their Q1 and Q2 result promptly

Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/36323_ARDOVA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_F.pdf

2021 FYE
https://doclib.ngxgroup.com/Financial_NewsDocs/36322_ARDOVA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf

@igbizen
Your story looks like your broker reconciled your CSCS statement with your trading portfolio.
Try and request for your CSCS statement and do the comparison.

Also of importance, is the need for you to subscribe to annual individual CSCS online, whereby you could login at any time and cross-check your holdings with what you have in your trading acct. Annual subscription is less than N3k.

Moreover, it's been hammered here that people should develop interest in reading news surrounding their stocks, it will help you to understand quite some things without necessarily getting furious with your broker or anybody when you think something goes wrong.

MANSARD did reconstruction of 1:4 and was extensively discussed here.
Some brokers did not update the trading acct whereas, CSCS already updated the new shares. There are instances whereby individuals have to contact their brokers to update their trading acct with the correct units. Similar thing was done for Multiverse recently.

OBAGADAFFI:
Same Dividend with UPL

Yes. Bonus making that of Academy much better..,...

UPL disappoint......
There was talk of possible bonus in their letter but not included in the final corporate action. Maybe the Directors didn't approve it.

joedguy:
Gud morning. Pls madam ymcy is mytradebook having login problem

Seems so.
I checked when I saw this post and couldn't login either.
Maybe they're carrying out maintenance again. Don't know what those guys problem.s are.
You may try and keep checking to know when they're back.

ACADEMY PRESS
Final Dividend: 0.10k
Bonus: 1:4 (One for every 4 held)
Qualification Date: 16th Sept, 2022
Payment Date: 29th Sept, 2022
Registrar: Pace Registrars
A good one from Academy Press...
https://doclib.ngxgroup.com/Financial_NewsDocs/36313_ACADEMY_PRESS_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

Dividend and bonus hunters food don land oo.
Who says @Locodemy no dey see road......

Marketapprentic:
UPDC! wetin or una don see the result?
Aunty Mercy!

Guess UPDC is responding to improved result....not aware of any news driving it.
UPDC is for long termer who could wait it out in my opinion...... we've discussed about it here in the past.

ARDOVA
To file audited report on/before 8th July, 2022.......
Late submission was due to Enyo acquisition and need to consolidate results .....
https://doclib.ngxgroup.com/Financial_NewsDocs/36297_ARDOVA_PLC%20ARDOVA_PLC_SET_TO_FILE_2021_AUDITED_FINANCI.pdf

AFRI ALLIANCE
Late filing press release...
https://doclib.ngxgroup.com/Financial_NewsDocs/36300_AFRICAN_ALLIANCE_INSURANCE_PLC%20PRESS_RELEASE_ON_LATE_F.pdf

Is ZENITH making U-turn or we're still waiting for the dumper towards close of market??

Dum20:
What is with Ardova?

I don't think there's cause for Alarm yet. It's just regulatory issues that has to do with not meeting up with the deadline of result submission.... (MRF - Missed Regulatory Filing).
Once the results are submitted and fine paid (or genuine explanation tendered), the suspension will be lifted.

2cato:
I am having the same issues with my Zenith Bank PLC shares since 2019 all the same story can anybody help me with what to do

* Simply fill E-Dividend Form for the particular Registrar.....
* Scan and send to the registrar......
* Request for a "Share Transfer Form" from your broker....
* Fill for each stock you have with the Registrar and scan clear copy back to your broker (ask for which section/column to fill) and ensure to do follow up with the broker......
** Once broker confirms uploading, then keep following up with the Registrar, don't wait and expect automatic anything.
*** After everything is sorted, ensure you don't sell all units you have at any particular time***

BTW, there's now a CSCS window whereby clients info can be gotten by these registrars, once you already submit E-Dividend for one.
The Registrars are coming up gradually, and with time they'll get there.
* There are instances where you don't fill E-Div for some Registrars and you'll still get your Dividend.......Cardinal Stone for instance. So let's blv they'll get there some day.

** Also find out if the Registrar has Online Dividend registration portal. Fill and submit the form on their website. AFRIPRUD, and Cardinal Stone Registrar have.

4tunebest:
Thanks for this.
Please has Presco been marked down yet?

No.
Presco was among the listed company in my qouted post.
Once you see the qualification date for any stock, the markdown can only come the next trading day after then.
In the case of PRESCO, the qualification date is Friday 8th July, 2022........Markdown will be Monday 11th July if there's no Salah holiday, if there is, then it will be next trading day.

DIVIDENDS & QUALIFICATION DATES IN JULY 2022
1. MRS: BONUS 1:8................... 1/7/22
2. SMART PRODUCT: 0.10k...... 7/7/22
3. BUACEM: N2.60k................... 8/7/22
4. FIDSON: 0.50k........................ 8/7/22
5. PRESCO: N6.60k..................... 8/7/22
6. CORNERSTONE: 0.05k......... 12/7/22
7. BUAFOODS: N3.50k............. 13/7/22
8. NAHCO: 0.41k + 1:5 Bonus.. 15/7/22

* F.U.G.A.Z Board meeting schedule for 2nd quarter:
UBA: 14th July
ZENITH/FBNH/ACCESS: 28 July
GTCO: 30th July

CORPORATE ACTIONS
CUTIX:
Final Dividend: 0.10k
Qualification Date: 19th August, 2022
Payment Date: 31st August, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/36296_CUTIX_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_CORPORATE_ACT.pdf

UPL
Dividend: 0.10k
Qualification Date: 31st August, 2022
Payment Date: 29th September, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/36290_UNIVERSITY_PRESS_PLC%20CORPORATE_ACTIONS_CORPORATE_ACTI.pdf