₦airaland Forum

UNILEVER
Another emergency board meeting to hold on 23rd March, 2022......
Think this time, with the new Executive Director in attendance......
https://doclib.ngxgroup.com/Financial_NewsDocs/35323_UNILEVER_NIGERIA_PLC%20_NOTICES_OF_BOARD_MEETING_(BM)_%20.pdf

UACN
Sighted @12.20!!
Something is brewing here......

The NGXGROUP guys are in market again!!

Btw, where's Peter?

From proposed dividends so far.........from 16 coys...
Who says dividend is not good......
https://nairametrics.com/2022/03/22/investors-to-earn-over-n780-billion-from-proposed-2021-dividends/

sonofElElyon:
Oh ok... So "E kuu market" is common parlance then

Yes. Na @Currentprice copyright.

FIDELITY
Sighted @3.10!! ....3.20!!!
How much dividend is the bank coming with this time around?

PZ Vs. UNILEVER
Both companies seems to be on recovery path......
PZ sighted @above 8......Gave dividend of 25k in Jan 2022....for 2021 fye..

UNILEVER on the other hand also exited loss position..........had dividend consideration as one of the agenda for the last Board meeting held on 17/3/22, also on the agenda was the deliberation on the issue of "Unissued Shares". Awaiting the outcome.

**Caveat: Just market observation. DD advised**

log1:
What are the strong fundamental stocks you can recommend? Thanks

Since you're for long term I think the fundamentally sound, consistent Dividend paying stocks will be more like it for you.......
The list you gave are good, but from my personal angle, if it's me, I'll remove Guinness and Seplat for now.......reason being that the current prices are high for me, you may consider them if there's pullback (price falls below CP).
F.U.G.A.Z is good.............no shaft there for me........and, you can actually take part in the coming dividends for F.G.A.Z "if you so wish" OR wait till after markdown before entering the bus.......

Stocks in Food and consumer goods are also good.
You can also do you DD and pick from the list.........Unilever, FMN, UCAP, NB, Fidelity, FCMB, APR, Custodian, Wapco, Vitafoam, GSK, Nestle, Total, Airtel, NGXGROUP.....
The two Oil palm stock prices have gone up OKOMU & Presco), you can wait for pullback and pick from the sector....
There are still quite some others in the Small, Medium and Big Cap categories......such as NPFMFB, Lasaco, Learn Africa etc.

**Note**
* Don't go for too many stocks
* Have a strategy in place.....to be buying more and topping up the ones you have whenever market dips (price falls)
* You have to fill E-Dividend forms for your stock picks and register with Nigerian broker with digital portal to be able to trade
* Deal with your emotions. Not healthy for any long termer to be watching and monitoring daily price movmts of stocks. Patience is a virtue here.
* Regular review and assessment is good for your picks.

* GTCO: The final qualification Date for dividend is tomorrow 23/3/2022.

Still typing......

sonofElElyon:
Abi na she?

No be she o.
It shows you didn't read past pages on this thread.......@Godisfaithful na one of the ogas at the top here....... Mcy na learner beside dem.

gbengafaro1986:
' Please i'm not really clear on the dividend explanatory notes on the Access Bank Corporate action....please explain to me like i'm 5years old

Lol at explain to me like 5yrs old...

Well from my understanding here:
1. Access Bank is transiting to HOLDCo structure..
2. Already got an approval to go ahead with the scheme of arrangement thru a Court Ordered meeting held with her shareholders....
3. The entire issued ànd fully paid up shares of ACCESS BANK PLC will be deleted..........and the same entire shares will now be re-listed under ACCESS HOLDING PLC.......
4. The process (in number 3) will be done before payment of dividend on April 28, 2022....
5. Payment of Final dividend of 0.70k will now come under "ACCESS HOLDING PLC (HOLDCo).......no longer under Access Bank...
6. Since the payment of the Final Dividend will be coming under ACCESS HOLDCO for the first time, it will be regarded as "interim dividend' ......'Interim' from ACCESS HOLDCO.......AND "Last and Final Dividend from Access Bank......
**Item 7** If you have Access bank shares, you don't have to panic, you'll all be moved to Access HOLDCo and still collect your menu (dividend) and continue from there ** ......just like GTB did.

That's what I understand it to be........ we'll get to know more details from analysts maybe later.

dharpzee:
GTCO's qualification date is March 23rd ma.

You're right. Post modified. It was a mix-up.
Thanks sir.
https://doclib.ngxgroup.com/Financial_NewsDocs/35241_GUARANTY_TRUST_HOLDING_COMPANY_PLC%20CORPORATE_ACTIONS_A.pdf

FIDELITY Q4 AUDITED
https://doclib.ngxgroup.com/Financial_NewsDocs/35316_FIDELITY_BANK_PLC%20FIDELITY_BANK_PLC_BOARD_APPROVAL_OF_.pdf

ACCESS Corporate Action:
Final Dividend: 0.70k
Qualification Date: 19th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35317_ACCESS_BANK_PLC%20CORPORATE_ACTION_ANNOUNCEMENT_CORPORA.pdf

UBA
Today 18th March is the last Qualification Date.......
*For dividend lovers.

Ades1:
Na so Nigeria tight with information? No one has any leak/rumor about earnings, dividends or M&A? Even for America, leaks/rumors happen in advance, but for this country everybody/everywhere just dey on code!!

Leaks/Rumors is part of the world market but based on my 3 years of observation so far, leaks/rumors almost never happen on the NSE.

Nothing is known until that person in charge of uploads on NGX website shows up to work lol.

.......and the person just copy the uploads and paste here for others info. Lol.

Think I understood the perspective you're coming from.
Think this should be ......or should I say, was once part of the perks on this thread.
Of a truth there's 'dearth' of information here these days.
Some are privy to, but will not share for reason(s) best known to them.
Some have shared and got insulted in the process.........thus stopped sharing.
Those that used to post results have gone on sabbatical and no much analysis again........ @intendy self don go awol.
Don't know what to say again jare.......
It's well.

vacanci:
Buacement for some times now always close the day with average of N64. But by next trading day, instead of starting from N64, it goes back to N70.75 and starts trading down again. then next day, it goes back and start from N70.75.

Why is this so please? i wan learn

You got answer already.......
Just wanted to emphasize on it......

** There are rules and regulations guiding conducts, transactions, pricing, etc.....on NSE, and these are contained in their Rulebook.
** In the pricing category, there were rules guiding movement of prices up and down........
** Prior to 2019, stocks in 3 different categories had different "bulk Qty" that can move the price.......
**...But in 2019, there were amendments to the rule........and all stocks, irrespective of being in Category A, B or C have "Par/Uniform Volume that can move the price.........Which was pegged at 100,000 single unit.
**Also, a daily limit of +/-10% up or down movement of share price was established.
**So, once market is in session, until you see bulk sales or purchases of 100k units or more, the price wouldn't officially fall or rise.

https://ngxgroup.com/?wpdmdl=26399&ind=1605119440735

ACCESS BANK
Chop plenty beatings earlier.....
Las las, those vexing go still calm down ni.

https://doclib.ngxgroup.com/Financial_NewsDocs/35310_ACCESS_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021.pdf

FCMB
Where are those ogàs that were buying big big volumes??
Let them continue what they started oo.....cos I've been watching that space since that time...

UACN
Sighted @12.10.......
What's happening here?

In another news, UBA is not moving nothwards contrary to expectations.......
Are those offers real or audio?

NGXGROUP.......not doing bad in market after all ........

**Caveat: Just market observation**

sonofElElyon:
Thanks. Thought to hold ellah lakes for long term ni o.
I am not good in jijo.. not quite able to get it right.
yes dividend stocks i have.. was looking for capital appreciation too..
I no be millionaire o.. this stock trading sef.. make money here.. lose money there..

JIJO is not for everyone, the risk is very high......but if you strike a good one, you can make a lot from it.
The bolded is also very true..........you may lose all you gain with just one wrong move self......except you have a strategy to minimize or avoid the loss.

Bizibi:
is the company worth the risk for long term investment

Pls look elsewhere for your long term goal for now.
We have quite a lot of stocks with data and FA to back them up already.

sonofElElyon:
I actually bought 70,000 units based on loco's recommendation but sold at a loss when the price went down instead of up like he said...

Bros, seems you're a billionaire .......nah everything recommended you dey buy?

........and to say that you always dash NSE money self .......e be like say I go need some loan from you oooo.

Think it will be better you just pump your money on sound fundamental stocks and be collecting dividends yearly..........while you retain small portion, say 10% or 5% (depending on your pocket) of total fund for JIJO biz, this way, you'll limit the extent of jumping around in all stocks.
It's also good to always ask questions if you're not very sound in carrying out due diligence.......

One of the issues with Ellah Lakes is illiquidity. Sometimes ago, the directors holding unto it were told to release some for free float but I don't think it was followed thru by SEC or they're not mandated to relinquish some shares.......not very sure again.

If you must jump around as a newbie maybe, try and be buying fundamental ones at least.......with this you can convert to medium/long term if it's not meeting up with the target..........just my humble opinion anyway.

CUSTODIAN
Final Dividend: 0.40k. (Interim of 0.10k paid earlier -around Aug.2021)
Qualification Date: 25th March,2022
Payment Date: 8th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35291_CUSTODIAN_INVESTMENT_PLC%20CUSTODIAN_INVESTMENT_PLC_%20_CO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35287_CUSTODIAN_INVESTMENT_PLC%20_AUDITED_FINANCIAL_STATEMENT_.pdf

CADBURY Q4 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/35288_CADBURY_NIGERIA_PLC%20CADBURY_NIGERIA_PLC_%20_CLOSED_PERI.pdf

Analysts foresee possibilities of banks, especially the Tier 2 and Tier 3 shoring up their capital base in 2022 by opting for various means of doing this.......merger/acquisition/new investors....etc.

@Onegentleguy mentioned something like this in one of his analysis as well......

Think we just have to keep ears down in the sector.......not any form of advice o.....just for info purpose.

Jan 2022 analysts view:
https://www.google.com/amp/s/www.thisdaylive.com/index.php/2022/01/09/quest-for-capital-buffers-raises-prospect-of-mergers-acquisition-in-tier-ii-banks/amp/

Slimdove:
I will like to know if @ YMCY56 have seen INTEBREW AFS (audited financial statement)

Not yet out....
Board meeting is scheduled for 30th March, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35265_INTERNATIONAL_BREWERIES_PLC%20_NOTICES_OF_BOARD_MEETING.pdf

currentprice:
.....]

CP pls reply your mail.
Thks.

FCMB
Something seems to be happening here!

Could it be that FCMB is also selling her stakes in AIRTEL AFRICA?
I remembered we mentioned it that time......when First Bank was selling her shares.....
Lots of cross deals here since last week....
Over 1Billion units transactions done so far in today's market.......
Around N3.5B staked on it on Friday 11th March........
Close to N4B staked on it today 14th March......
We wait and see what's brewing here..

LEARN AFRICA
Resolutions passed at the meeting of the Board of Directors:
1. That the board proposes to the shareholders approval of raising additional equity thru right issues or other means.....
2. That the board is empowered to consider merger and acquisition with Hitch Technologies or other targeted coy..... ..
Think we'll get to know more details as time goes on..
https://doclib.ngxgroup.com/Financial_NewsDocs/35274_LEARN_AFRICA_PLC%20CORPORATE_DISCLOSURE_CORPORATE_ACTION.pdf

GUINNESS
Says publications on social media that Guinness is possibly relocating out of Nigeria is false, malicious and misleading........
Let's hope this is not one of the initial denials again.....
https://doclib.ngxgroup.com/Financial_NewsDocs/35273_GUINNESS_NIG_PLC%20PRESS_RELEASE_%20_GUINNESS_NIGERIA_PLC_.pdf

E Ku market o.

Quite a lot of transactions towards market close.......
FCMB: Huge cross deals.....sighted @3.75 so far...... ......closed @3.50..
GTCO: Up with +0.95k........N1.00....
ZEE: Up with +30k........sighted @N27....
UACN, UPDC, UCAP........Up

GTCO giving Zee a close chase.......both closed @27..

Nigerialabalaba:
I just dey remember few months ago wen I dey load am shile shile meji and my people hia still dey vex and say make nobody touch Oando.
May be na d day oando go reach N50 wey u see full bid maybe na dat time some of us go remember.....

Igi pawpaw o ni wo pawa o

Oga Labalaba, Oando never ready to gbe body.......na why I no mention am yesterday be that.......e get as some big big million bids go dey show face if e wan move......lol.
Until dem release result, e dey risky to buy am in my opinion. Make dem release outstanding results fes.

moneymanager:
Another one I noticed is also the posting of long posts (sometimes multiple times) without much essential information..........
If you check the old pages you can verify what am saying on both occasions. It’s actually obvious to confirm

......or quoting long posts to say only ”thank you", or "yes" .,.......can be very annoying scrolling thru a page to see quoted long posts with meaningless comment at the end of it.
We've discussed about this in the past as well, that we can save people the stress/time as well as save pages for more meaningful discussions.
We can easily click "Share" on such posts, or "Like" it or simply mention the person's moniker to refer to such info.

sonofElElyon:
Ardova?

ARDOVA was the first one mentioned.......
@Nigerialabalaba, if it's not Çonoil, maybe MRS or Transcorp then.....
Oya tell us, make we do our DD......

Nigerialabalaba:
@Aunty Mcy, shey u don get d name of dat stock ma?

Labalaba baba, been somehow busy.....
Are you talking about CONOIL?

First thought it was Eterna but Eterna made loss in Q4, so doesn't fit into your description...
Though the hint wasn't detailed enough.

UACN, OKOMU, PRESCO, MTNN ........getting quite a lot of attention today.......
UACN selling at days high, N10.05.......any news?

NASCON: Back to 13.50.......used it as reference not long ago.........E be like say Alhaji's stocks no dey carry last for this market.

**Na just comment o. Not any advice**

domin8:
Good Morning All, New to this thread. What will you advise someone with 3,500,000 to buy for a Long term outlook if these were the options?
ACCESS GTCO UBA ZENITH WAPCO DANSUGAR
FLOURMILL NASCON GUINNESS
Thanks!

My opinion:
Pick 2 out of the first 4.
Not that others aren't good or have their time, but that's just the opinion for now.
Also have it in plan to be buying more in case there's fall in share price.....
The First four banking stocks are dividend paying stocks .......and they pay dividends twice a year........think these are good enough for long term outlook.

**DUE Diligence applies**

UCAP
Over 25M units done in transactions, Quite a lot of picks....
Opened @12.10 post markdown and closed @12.50..........Up with +0.40k.......