₦airaland Forum

chillykelly86:
I think it boils down to GTB's historical superior efficiency. Such ratios as RoA and RoE come to mind.

#Credits for the attached tabular comparisons of Access, GTB and Zenith goes to @Rufyb on X.

I think Mr. Market just have a way of placing these stocks in their respective positions......but, looking at this comparison, I think ACCESS is grossly undervalued compared to the prices of GT and ZEE.

If only we can see UBA and FBNH on the table as well.

Thanks for this table. Very informative.

9free:
Meaning all those EPS from them na audio .
From next year, na to begin deduct N12 from the declared full year EPS of FUGAZ and have my peace.

Oga, enjoy these ones first.......next year will take care of itself
Na so people talk different things last year but this year is even more better.

Mpeace:
I wonder why gtb sells higher than zenith. Forget about the whole OS thing.

Lol. Maybe investors looks beyond revenue or PAT alone.
ZENITH may first do initial gra-gra, still come soft pedal for its Oga-on-top
Let's see how market reacts to the results in coming days....

Overall, f.u.g.a.z. really tried this time around.......waiting for the "F" result as well.....

F.U.G.A.Z. 2023 FYE AUDITED RESULTS
FBNH
??
UBA
https://doclib.ngxgroup.com/Financial_NewsDocs/40882_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

GTCO
https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

ACCESS
https://doclib.ngxgroup.com/Financial_NewsDocs/40621_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Zagee:
A fine stock to stash lot. E no dey shake come rain or sunshine.

Honestly...
Another good alternative investment for low risk investors......
Less than 900M OS from Chapel Hill Denham

Kwibaba:
evening madam mercy, Is it traded on the exchange? How much is a unit currently? What influences it's price?

It's on EQUITY section of NGX (directy above NIGERINS, below NGX GROUP)
An Infrastructural debt fund currently at N114

https://ngxgroup.com/first-naira-denominated-infrastructure-fund-nidf-lists-on-ngx/

Princkez:
No results today?

Na result be this o.
Honestly, this stock/bond is good for long termers......
Dividend distribution is quarterly!

** First quarter distribution: N4.23k
Qualification Date: April 12, 2024
Payment Date: April 19, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/NIDF_Announcement_-_Q1_2024_Corporate_Action.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40853_NIGERIA_INFRASTRUCTURE_DEBT_FUND-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Palomadove:
......

** Pls which registrar is for Transpower:
** It should be AFRICAN PRUDENTIAL

** I could not find it on any of the registrars form on SEC website and the ones Morgan capital sent to me: ** It's because it's newly listed and the E-Div Forms available are existing ones

** Also, when I contacted Morgan capital about info and assistance on how to go about the E -dividend, they sent me a stock transfer form to fill in addition to a list of registrars form. Pls can someone explain the purpose of the stock transfer form:
** The Stock Transfer Form is used for Signature confirmation. Even if you send Form to a Registrar, they'll still request for confirmation of your signature from your broker..... More reason your broker sent it to you to sign (they'll assist you to fill for each Registrar to avoid back on forth on mistakes. You only needed to sign the relevant column only.

DANGCEM
Change to Dividend announcement....

https://doclib.ngxgroup.com/Financial_NewsDocs/40844_DANGOTE_CEMENT_PLC-CORPORATE_ACTIONS_-_CHANGE_TO_DIVIDEND_ANNOUNCEMENT_CORPORATE_ACTIONS_APRIL_2024.pdf

Palomadove:
After opening an account with morgan capital and buying some stocks, do i still need to fill the e dividend form or is it already part of the process when i registered with morgan capital?

- It's not part of the account opening process
-You need to fill E-Dividend forms with Registrars for mandate
- Some Registrars have online portal whereby you can fill it online and submit......Africa Prudential is among.....you can Google others
- You can visit this link to download some Registrars forms too.

https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

** STANBIC : Final Dividend N2.20k
Qualification Date: 19th April 2024
Payment Date: 17th May 2024
Registrar: FIRST REGISTRARS

** BERGER PAINT : Final Dividend 80k
Qualification Date: 16th April 2024
Payment Date: 14th May 2024
Registrar: MERISTEM

** TRANS EXPRESS : Final Dividend 0.02k
Qualification Date: 11th June 2024
Payment Date:20th June 2024
Registrar: CARDINAL STONE

** LIVING TRUST : Final Dividend 0.03k
Qualification Date: 24th May, 2024
Payment Date: 10th June 2024
Registrar: AFRICA PRUDENTIAL

GTCO buyers are in market today......
Even though price didn't appreciate.....
Over N2.4bn in transactions so far......

TRANSPOWER
They kept maintaining the current price of 377.....even though intra-day is selling lower....

TRANSCORP
More activities here at 13.55/13.70....
* With Tony in control of majority individual/corporate shareholding, we dey monitor this space o....and, especially with electricity subsidy removed now...

ACCESS, FBNH, Banking stocks.......activities of profit takers or what?

SonofElElyonRet:
Almost at break even point ... eps is 0.001k per share. Almost out of the woods

Yep.
Haven't gone thru the result due to time, will try and check thru it later.

All that's needed by this stock now is fund injection.....

Similar observation was made on CHAMS, and with investor, CHAMS is now performing well and much better.......Over N20M in profit this last FYE (against previous losses....

iHaveMadeiT2:
Please what is your impression about the Omatek result

Attached is OMATEK result at a glance.....
* Improved result, Especially with the Engineering arm..
* We needed to see more commitment from the management to transform this Company more positively
* More importantly, we needed, and watching out for a catalyst that will positively impact on the Coy

https://doclib.ngxgroup.com/Financial_NewsDocs/40770_OMATEK_VENTURES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

Mandem2:
Please what is the implication of this information in relation to the stated stocks?

While I may not totally get what you mean by implication, I however think this is what you're trying to ask:

The information implies that "IF you're interested in collecting those dividend amounts, you need to buy the stocks and have them in your portfolio before and until the QUALIFICATION DATE to be qualify for it.
* If you buy after Qualification Date, you won't be eligible to collect it.
* The dividend multiply by your total quantities will be the amount to receive on PAYMENT DATE.

Thereafter, you may sell it or leave it if you're a long term investor.
You can be buying more as the prices goes down to increase you holdings/quantities for better future dividends or price appreciation.

gold360:
dear friends . I am a shareholder of zenith and UBA but yet to receive share dividend this year . Please how do I go about it ? Thanks

Download the E-Dividend Form of Veritas Registrars, fill it and submit via mail to them

For UBA, visit Africa Prudential E-Dividend registration Portal online, fill online, attach relevant documents and submit

https://africaprudential.com/how-to-claim-your-dividend-in-4-easy-ways/

https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

Corporate Actions....

CWG
Final Dividend: 0.16k
Qualification Date: 17th April, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40813_CWG_PLC-CORPORATE_ANNOUNCEMENT-_DIVIDEND__CORPORATE_ACTIONS_APRIL_2024.pdf

UNILEVER
Final Dividend: 0.75k
Qualification Date: 26th April, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40815_UNILEVER_NIGERIA_PLC.-UNILEVER_NIGERIA_PLC_DIVIDENDS_ANNOUNCEMENT__CORPORATE_ACTIONS_APRIL_2024.pdf

OKOMU
Final Dividend: N14.00
Qualification Date: 25th April, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40810_OKOMU_OIL_PALM_PLC.-CORPORATE_ACTION__CORPORATE_ACTIONS_APRIL_2024.pdf

BUAFOODS
Final Dividend: N5.50k
Qualification Date: 23rd August 2024
Payment Date: 26th September 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40826_BUA_FOODS_PLC-EARNINGS_RELEASE_FOR_THE_2023_AUDITED_ACCOUNTS_CORPORATE_ACTIONS_APRIL_2024.pdf

TRANS HOTELS
Final Dividend: 0.20k
Qualification Date: 15th April 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40829_TRANSCORP_HOTELS_PLC-CORPORATE_ACTIONS_ANNOUNCEMENT__CORPORATE_ACTIONS_APRIL_2024.pdf

Ajibade123:
Please what's the right mail to open account with Morgan capital
The one I have is just bouncing back

info@morgancapitalgroup.com

Maybe you omitted a letter or something.

E Ku Market o.
I don't want to make any comment yet ......
Let's all be watching how Mr. Market will/is handling TRANSCORP......
....But me, I won't panic yet........no cause for panicking yet.

After all, the 10k dividend payout is +100% improvement from last year's. .......and last year Dividend, 5k was just a "dash" because around that time was the period Otedola stepped in....

* Already: Tony + Awele + UBA nominees are presently controlling 43.83% of Transcorp shares......unlike before that he controls less than 1%!

Ginalex:
My oga... Na me o

Why party pics nah?
Make you change it to the one where you're counting Dollars jorr. Lol.

Nice and cool.

emmanuelewumi:
Transcorp to pay dividend of 10k per share from EPS of 40k

TRANSCORP at a glance...

https://doclib.ngxgroup.com/Financial_NewsDocs/40805_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

** Needs to know if this group revenue is exclusive of TRANSPOWER's! If it's so, then, future is very bright for Transcorp from my opinion*

** Current shareholding structure attached**
Share mop up by Corporate investors noticed in 2023 FYE..... around 30bn! 🧐

ogoo4real:
With the high expectations here, this is very poor!!!

Think part of the high expectations was the Dividend payment made in 2022 (TRANSPOWER)......
Seems we read, and someone also mentioned that N247 was paid per share or thereabout.
Guess large OS was the reason for the current one, the need to accommodate larger shareholders....
It's possible it may be better as time goes on anyway....

Hogwarthtrades:
... Stumbled on Ms. /Mrs. @Ginalex Profile. Black is beautiful. ; #Phenotypicalanalysis #Bants D

Even me self don go check the page based on your post.....
Ginalex oya come confirm if na you dey that pic.....lol.

NAHCO
Final Dividend: N2.54k
Qualification Date: 10th May, 2024
Payment Date: 24th May, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40800_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC-2024_CORPORATE_ACTIONS_CORPORATE_ACTIONS_APRIL_2024.pdf

** To even say this same NAHCO has sold for N2 before!!

MTNN
Extra Ordinary General Meeting.....
- To consider and discuss possible measures for addressing the loss of capital for 2023 FYE
https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_-_Extraordinary_General_Meeting.pdf

* Thks Princkez

The billions these banks are sharing, diaris God oooo.........these ones don pass common man's level.

GT na Badoo!
Race for Recapitalization is not moinmoin..
Who are those accumulating this stock?

Meanwhile, F.u.g.a.z. no dey gree for anybody

The resistance of GT and ZEE to keep moving is high....

GT exited the pullback already!
ACCESS not doing badly since market opens....
UBA exited the earlier red...

OANDO self no dey gree for anybody.....
CHAMS on full bid @2.11....

Deadlytruth:
Please what's the update?

I think it has to do with Merger...
Isn't it glaring that UNITY may not be able to survive alone?
I think it's cheap, possible reasons for accumulation.

9free:
The way Jaiz will be looking at Unity bank

UNITY on full bid @2.27.....

INFINITY MORTGAGE CORPORATE ACTION
Final Dividend: 0.15k
Qualification Date: 12th April, 2024
Payment Date: 13th May, 2024
https://doclib.ngxgroup.com/Financial_NewsDocs/40756_INFINITY_TRUST_MORTGAGE_BANK_PLC-INFINITY_TRUST_-_DIVIDEND_ANNOUNCEMENT_2024_CORPORATE_ACTIONS_MARCH_2024.pdf

Results....
https://doclib.ngxgroup.com/Financial_NewsDocs/40780_BERGER_PAINTS_NIGERIA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40808_UNILEVER_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40804_FIDSON_HEALTHCARE_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

SonofElElyonRet:
Can someone help explain the interim dividend declared for 2022 and 2023...
*why interim?
*will new shareholders who bought after listing on the stock market be entitled to both 2022 and 2023 interim dividends?

2022 already gone, it's for reporting and comparison purpose, to see the improvement in payout for 2023.

As for calling 2023 Dividend Interim, it's normal because this is their first Dividend declaration after listing, AND because the listing is still new and not up to a year. It's the rule.

If for instance ZENITH transits to HOLDCo before Dividend is declared and paid, it will be referred to as "Interim Dividend" because the payment will then be coming from Zenith Holdings and NOT from ZENITH bank again.........Na example I give here o.

emmanuelewumi:
I wonder why they decided to use a lower outstanding shares. Maybe to deceive the uninformed investors

Probably the outstanding shares prior to the listing of the company's shares was used, this is wrong

Boss, TRANSPOWER was listed in March this year and the FYE was for 2023.New OS will start reflecting from Q1 2024.
I saw what you're trying to say: that since they reported 7.5bn OS, that should be the basis of the calculations but, think it may have to do with some rules, closure date or something.

The concern now however is how the Dividend will be distributed, if it will include current shareholders or not. We will know this when the Corporate Action is out.