₦airaland Forum

Q4 2021 AUDITED FINANCIALS
https://doclib.ngxgroup.com/Financial_NewsDocs/35418_BUA_CEMENT_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35415_MEYER_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35413_SUNU_ASSURANCES_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35410_NEM_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35419_SOVEREIGN_TRUST_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35420_CAPITAL_HOTEL_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_202.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35423_MAY_AND_BAKER%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35430_LINKAGE_ASSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35427_INFINITY_TRUST_MORTGAGE_BANK_PLC%20_AUDITED_FINANCIAL_ST.pdf
.

NEM
Corporate Action:
Final Dividend: 0.22k
Qualification Date: 29th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35416_NEM_INSURANCE_PLC%20PROPOSED_DIVIDEND_CORPORATE_ACTIONS.pdf

IMG (FORMERLY BOCGAS)
Board Resolution:
Bonus Script : 1:5 .......i.e. one new share for every existing 5 held.
https://doclib.ngxgroup.com/Financial_NewsDocs/35408_INDUSTRIAL__MEDICAL_GASES_NIGERIA_PLC%20_NOTICES_OF_BOAR.pdf

OANDO
* Postponed submission of 2019 Audited Financial Statement.........that it can't be ready by March 31st again...
* Envisaged submission of same on/before April 2022 ending.....
* Made a tentative schedule of how outstanding results will be released....

All these bear talks self....
Some people have been waiting for this bear since 2021 January, yet bear no gree answer them. No serious bear witnessed.
The market is dominated more by local traders now.
Most foreign investors are on sideline......these are the set of people that makes the market jump up so high and fall so badly........and since they're not very active, we go dey manage to sustain our market by ourselves.
Everything don tense already, bear is the last we should pray for again. God no go shame us.
This is my opinion anyway.
Seasoned investors don't fear bear or bull.

PETERiCHY:
This what happens when you follow MOTIVATIONAL SPEAKERS to invest in NSE

So what are you Oga Peter?
What happened to the N5 or is it N7 junction you said Transcorp is going to?
Now that you said it will likely touch 0.68, maybe we should be looking for breakout....who knows.

mumu9gerian:
https://doclib.ngxgroup.com/Financial_NewsDocs/35360_UPDC_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINANCI.pdf
Please for UPDC, what is the difference between Group and company?

* Company is a sole entity........may have branches though, but they all bear sama name with same mode of operations. E.g. ACCESS BANK.....is a company
* Group comprises of "The Company itself and it's subsidiaries.
E g. GT BANK is a company with many branches but same objectives........while GT HOLDINGS comprises of GT bank and other subsidiary businesses such as Pension Arm, insurance arm, etc.

presiade:
Abeg, does morgancapital still use their zenith bank account number 1013840874? It's urgent......

Yes. That's the correct acct no.
Polaris Bank #1771365357

...but.......upon say people using Morgan plenty here...and this Oga said it's urgent, yet none reply him.......it is well o.
The Bible says, "those that are saved should rise for the salvation of others", na proverb I take this talk....

Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/35385_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_AUDITED_FINA.pdf
PAT and eps appears to be awesone 23.8billion and 34kobo respectively, but dividend(2kobo) is clearly unreasonable.
My gamble stock clearly shows itself as a useless stock. I go sell on monday.

Lol @ 'useless'
At least there's 100% dividend payout nah......from 0.01k to 0.02k........
Anyway, I think TRANSCORP is for the long termers......the Company seems to be embarking on internal restructuring with focus more on expansion for now ........
Dem go get there one day and make investors smile.......... hopefully.....

This could be more like it too.

owolabi5:
One Oga told us they will be conservative in paying dividends because of debt servicing and capital intensive projects they are embarking on.

ACCESSCORP
ACCESS BANK is back with the ticker "ACCESSCORP"........i.e. ACCESS HOLDINGS PLC.......

PZ sighted on full bid @10.20!!
Let's see if UNILEVER can/will rise to the challenge........the difference btw them has narrowed down to N3.10 as at now......

ZENITH : Marked down today.....to open with Ex-div price N24.10.......
Let the competition continue from here......with GT..
GT: 23.25
ZEE: 23.65........so far...

TRANSCORP CORPORATE ACTION
Final Dividend for FYE 2021: 0.02k
Qualification Date: 8th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35386_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20CORPORATE_ACT.pdf

PZ Q3 2021
PAT: +455% increase....
A good one from PZ.....
https://doclib.ngxgroup.com/Financial_NewsDocs/35381_P_Z_CUSSONS_NIGERIA_PLC%20_QUARTER_3_%20_FINANCIAL_STATEM.pdf

NB
SHARE FOR CASH DIVIDEND OPTION:
https://doclib.ngxgroup.com/Financial_NewsDocs/35379_NIGERIAN_BREWERIES_PLC%20EXPLANATORY_NOTES_%20_SHARE_FOR_.pdf
FORM FOR INTERESTED HOLDER:
https://doclib.ngxgroup.com/Financial_NewsDocs/35380_NIGERIAN_BREWERIES_PLC%20ELECTION_FORM_%20_SHARE_FOR_CASH.pdf

** Qualification Date already passed........the Form is in preparation for dividend payment ONLY.
** You can either opt to collect the dividend in cash or as new bonus shares.......can't be partly done..
** Fill the form ONLY if you choose to collect shares instead of cash.....and submit to First Registrar before 12th April.
** New shares will be pro-rated in accordance with your entitled Dividend.....and the average share price to use is N45.11
Payment Date is 22nd April.

BETA GLASS
Board meeting resolution:
** Proposed Dividend: N1.10k
** Proposed bonus issue: 1:5... i.e. One new share for every existing 5 held (In compliance with CAMA requirement for Unissued Share Capital).
Qualification Date: June 10, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35374_BETA_GLASS_PLC%20RESOLUTIONS_OF_THE_BOARD_OF_DIRECTORS_O.pdf

MCNICHOLS
Proposed Dividend: 0.03k (three Kobo)
https://doclib.ngxgroup.com/Financial_NewsDocs/35376_MCNICHOLS_CONSOLIDATED_PLC%20_NOTICES_OF_BOARD_MEETING_(.pdf

GLOBAL SPECTRUM ENERGY
Voluntary delisting in progress...
https://doclib.ngxgroup.com/Financial_NewsDocs/35377_GLOBAL_SPECTRUM_ENERGY_SERVICES_PLC%20NOTIFICATION_ON_TH.pdf

Q4 AUDITED
https://doclib.ngxgroup.com/Financial_NewsDocs/35372_UNION_HOMES_REAL_ESTATE_INVESTMENT_TRUST_(REIT)%20_AUDIT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35370_CORNERSTONE_INSURANCE_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35369_MULTIVERSE_MINING_AND_EXPLORATION_PLC%20_AUDITED_FINANCI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35366_SECURE_ELECTRONIC_TECHNOLOGY_PLC%20_AUDITED_FINANCIAL_ST.pdf

GTCO, UBA
Quite a lot of investors are taking position here........from observation anyway...
Some are exiting while some are jumping in.......
So also Zenith, Fidelity......

MAY & BAKER
1. Proposed dividend: 0.30k.....subject to shareholders approval....
2. Directors to take steps to comply with CAMA 2020 on Company's Unissued Share Capital......including,but not limited to cancellation of such.
https://doclib.ngxgroup.com/Financial_NewsDocs/35361_MAY_AND_BAKER%20OUTCOME_OF_BOARD_MEETING_CORPORATE_ACTIO.pdf

FIDSON
Proposed Final Dividend: 0.50k..........subject to shareholders approval.
https://doclib.ngxgroup.com/Financial_NewsDocs/35359_FIDSON_HEALTHCARE_PLC%20ANNOUNCEMENT_OF_DIVIDEND_RECOMME.pdf

CUSTODIAN, ZENITH
Today 25th March is their final Qualification Date......

UPDC
Q4 Audited Financial Statement
https://doclib.ngxgroup.com/Financial_NewsDocs/35360_UPDC_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINANCI.pdf

WhoDeyThere:
Hello sir, please I'm interested in FMN shares, how can I get some?

This was just answered here:

yMcy56:
* You'll need to first register with a Stockbroker and a trading acct will be open for you.
* Then you fund it and start trading (buying and selling stocks).
* We have quite a number of digital brokers whereby you can trade by yourself.
You can however create time to be reading this thread from early pages, you'll learn a lot by yourself.
You can also ask questions on areas not clear to you.Z

Ajibade123:
alright thanks a lot. I will go through it
please can you suggest 1 or 2 brokers

We have quite a good number of them.....
I use Morgan Capital Securities Ltd.
There are other good ones such as: Investment One, CSL, Atlass Portfolios Ltd, GTL Mytradebook.....

Oga Mpeace I know say you be lawyer..... .....but before employing legal means, try and do small findings, this issue might not even be so hard like that, may be negligence on the part of someone....

Get your broker, CSCS and APR on their toes, involve SEC and let them sort it out for you thru email/phone calls....or if closer, physical visits.

Legal should come as a last option........but na my own I dey talk sha, una language dey different...... but with that, you still needed facts. Hope I'm not blocking someone case here....

Mpeace:
Ok thank you. If its the broker's fault then he needs to sue the broker.

Wait.......
Did you say the guy bought on the 4th? Cos I've been addressing the last qualification date thing.

If it was 4th, did Ucap appear in his trading portfolio?
Have you printed his CSCS statement and saw it there? Cos it's supposed to appear there latest the 2nd day.......
Did he fill E-Div form/transfer form and got approval mail from APR?
Try and cross check these.......and if Yes, APR guys needs to answer for it.

Someone gave APR's CEO direct email addy sometimes ago, can cross check for you, if needs be that you involve him.

@Mpeace
Involve the guy's broker, do some findings to be sure the error wasn't from them, or that their system doesn't have any glitch which delayed updating clients' records before the markdown date.....

Also check the date/time for the closure of register of the coy......before taking any legal step.
May be very hard to win such case against the Registrar.

Let this be a learning point for you, the guy and everyone too.

moneymanager:
The battle for number one position is over

Not yet over.....until it's over.

Tomorrow 25th is the last qualification date for Zenith as well........can't leave her twin brother.

emmasoft:
I don't think so. It's because GTCO was markdown today hence the drastic reduction in price. If Zenith was to be markdown today it will be in the same region. By Monday when Zenith is markdown they will almost be at par. The battle will be for a long time except one of them do something differently on the positive to get clear leadership as per price.

Oil dey your head sir.......in Pa Emma's voice.

Mpeace:
...I support him to sue because after the case his dividend should cover his legal fees and still leave him with good returns, apart from damages.

Ok. You should have sorted things out with APR first.

Mpeace:
Dont you think someone that bought on qualification date is qualified for dividends?

Of course, if you buy on the last qualification date, you're qualified.
We've discussed about this same issue several times here as well.
You know, some brokers are laggards, may not update data and records on time, the delay may cause some issues for registrars sometimes, more reason its advisable to avoid the last Qualification Date.......
On a good day with effective/efficient broking house, if you buy on the last day, you qualify.

ihedioramma:
What is GTCO ?

Lol. Pastor you've been away from this thread for a very long time o.
GTCO is Guaranty Trust Holding Company........formerly GTBank.

YESSConsulting:
Hello guys, if I buy GTCO today, can I still receive the dividends?

No. You can't.
If you buy today, you can only buy to position for price appreciation or for future interim/final Dividends again.

Mpeace:
You ought to, but the way some registrars operate, i doubt if they will have your name on their records today, as to qualify you for dividends. I am aware of someone who is currently preparing to sue afriprud should having failed to receive dividends despite buying his ucap on the 4th, before the qualification date of 8th.
If you buy today ensure u communicate the registrars.
I bought Ucap on qualification day, called them repeatedly to ensure the processed my edividend mandate. They requested my cscs statement (which i sent) as they claimed their records did not show i had UCAP

S/He is not qualified for Dividend again.

I hope you didn't make this same mistake for your UCAP purchase........because there's always a window ....after qualification date to capture those who bought on the last qualification date. The name must have appeared in the register by then.
Reason its always advisable for anyone interested in dividend not to wait till final QD.
GTCO was marked down today.....yesterday was the final qualification date, and already passed.
Can remember posting it here like twice yesterday self.
GTB categorically stated that the Closure of Register shall be Thursday 24/03/2022.

ihedioramma:
What of FMN ?

Pastor Ihedi, long time sir!
So you're still on NL?
E Ku Market sir..

FMN is not yet out.

Ajibade123:
please ma how can I get these dividend stocks too please

* You'll need to first register with a Stockbroker and a trading acct will be open for you.
* Then you fund it and start trading (buying and selling stocks).
* We have quite a number of digital brokers whereby you can trade by yourself.
* This question has been dealt with several times here.......but re-saying it cos I know how tasking it could be to locate such posts.
You can however create time to be reading this thread from early pages, you'll learn a lot by yourself.
You can also ask questions on areas not clear to you.

As for Trove, it's also for trading BUT not directly........so it's advisable to register with a broker.

UBA
Bargain hunters seriously picking amidst lullness in the market.......sold as low as 7.50 earlier, back to 7.70

ACCESS, FIDELITY: Also getting attn....

CAP PLC on full bid @19.80....

GTCO: Surprisingly, no rushing here by dividend hunters today being the last qualification date , Maybe those not already seated in the bus prefer to buy after markdown .........or maybe they're still coming.....

SmartMoneyGuy:
@log1,

You need to buy ymcy56 a delicious meal with natural fruit juice. this a great advice. All you need to do is DD and DD with DD.......
.....more important than DD is your investment or money psycology and strategy.

Lol. This one too is not bad.......but I can wait to get the delicious meal after making profits....

I hope the Oga knows that the advice wasn't cast in stone.....
The stocks that are perceived to be expensive may eventually not be expensive when other variables are factored in........coupled with news that may surface or surround the stock........and vice versa.

Bukkydudu:
Please has FBNH declared dividend?

Audited Q4 Result is not yet out.

BabaIbo:
Please I need more enlightenment on government bonds, for sometimes now it has been running through my mind but I don't know how to go about it.

Can you help?

You can visit below thread for more info.
You can ask your questions there.
https://www.nairaland.com/878880/treasury-bills-nigeria

You can also pick one or two things from here:
https://www.nairaland.com/1167218/how-invest-federal-government-bonds

kalkah:
@mcy, CP,
What is the implications for the shareholder .?

Foremost: Be aware that all companies with Unissued Share Capital has been mandated to get rid of it by December 2022 as deadline.....by CAMA (Companies And Allied Matters ACT 2020)

For CAP PLC:
1. A dividend of N1.25 Kobo has been declared for the 2021 FYE (Financial Year End)
2. Shareholders will be given an option to collect "New Ordinary Shares" instead of dividends
3. New shares will be pro-rated with the dividends entitled....e.g. if your entitled Dividend is 300k, you chose to collect New shares instead, your 300k will be divided by the share price asat the stipulated date (let's say it's N19), will be 300÷19=15.75.......this may be rounded up to 16.....or as the coy deemed fit on a ten-day average basis.
4. Deadline for communicating your decision is 7th June,2022
5. After completion of the whole process of issuing new shares to individuals who decided/opted to collect shares instead of Dividend, AND payment of dividend to those who opted for it, the company's Unissued Share Capital shall be deleted.
6. .......and it would have become an understanding that CAP PLC already dealt with her Unissued Capital and done with.

**Implications? No implications.......than for you to opt for new shares instead of Dividend or collect Dividend. There may be form to fill for this. The Coy is expected to communicate further on this.
** Na Wetin I understand be this.

@Lyydia
You can invest in:
** Sound fundamental stocks that are consistent with dividend payments.
** Government Bonds
** Treasury Bills, or
** Mutual Funds........ precisely Money Market Fund.

Search for T-Bills, Mutual Funds or Nigerian Stock Exchange Market Pick Alerts in the Investment Section to learn more.

kalkah:
@yMcy56, Why did you omit JB? What is your thought on JB?
Thanks...

Cos I don't have update on it for now....

Besides, the list in my reply to that Oga was in addition to the stocks he already mentioned.....which includes JB.
JB is for the extra patient ones.