ihedioramma:

4.23 am. you still dey online.u be yahoo yahoo man?

"Total comprehensive Income for the Tier 1 banks"?

UBA - 138B
Access - 103B
GTBank - 132B
Zenith - 166B

While PAT for each is stated as

UBA - 72B
Access - 71B
GTBank - 132B
Zenith - 130B

I got an email alert from my bank for Zenith's dividend. Always on time. On another hand, does anyone know whether Transcorp PLC issued the bonus shares last year (1 bonus share for every 10 shares held)?

Chibuking81:
Please who know whether transcorp will declare dividend this year.
Is it good to buy at the current price, Or to run away?

Please BNSITL I need answer.

Chibuking81:
http://www.transcorpnigeria.com/wp-content/uploads/2017/03/Notice-of-meeting-for-Transcorp-2017.pdf

From the above information, their Annual General Meeting (AGM) will hold on 29th March 2017.

Their closure of registar was on 6th of March to 10th of March, I didn't see any dividend declaration.
Please does it mean that no dividend this year from Transcorp for the year ended 2016?
Or will they still declare ? And if the declare, does it mean that only member that was with them at the closure of registar on 6th to 10th March are qualify for the dividend?
Please house help me with answer to these my questions.

Chibuking81:

Please BNSITL I need answer.

Even chibuking of all people is asking if Transcorp will pay dividend.
Well my advice is you wait for the result to appear first.If you look at the notice of meeting you uploaded above,you will see that the meeting is scheduled on the 29th of March and one of the agendas there is to discuss about the financial year end result meaning their result cant be ready at the stipulated time.

In other words,the result is bad and they will be fast in releasing the Q1 result to do the damage control.Both results may appear together.We need to be mature enough to understand every handwriting on the NSE/Companies wall.For me there is no move at Nse i dont catch up immediately.

So bros..........No dividend,loss result,Mgt not in order as they are trying to do election.Stay clear until the coast is cleared.

NOTE:Transcorp will still come to new 52 weeks low if you are thinking that the present price is tempting.

Also they are being owed up to 55billion as at January by FG...............unless they have been paid(no attractive result expected)

locodemy:


Even chibuking of all people is asking if Transcorp will pay dividend.
Well my advice is you wait for the result to appear first.If you look at the notice of meeting you uploaded above,you will see that the meeting is scheduled on the 29th of March and one of the agendas there is to discuss about the financial year end result meaning their result cant be ready at the stipulated time.

In other words,the result is bad and they will be fast in releasing the Q1 result to do the damage control.Both results may appear together.We need to be mature enough to understand every handwriting on the NSE/Companies wall.For me there is no move at Nse i dont catch up immediately.

So bros..........No dividend,loss result,Mgt not in order as they are trying to do election.Stay clear until the coast is cleared.

NOTE:Transcorp will still come to new 52 weeks low if you are thinking that the present price is tempting.

Also they are being owed up to 55billion as at January by FG...............unless they have been paid(no attractive result expected)

Thanks a lot for your advice,
I am not in transcorp motor, I just want to know about them.
For now am waiting for something good from,
1. FCMB
2. Dangote sugar
3. Dangote flour
4. Diamond bank
5. Oando
And, I am considering to enter CCNN this week and FBNH between next week and upper week at cheaper price before the end of April.

^^^^
Waiting for something good from diamond and Oando? You really haven't learnt anything at all in all your years on this forum.

Chibuking81:

Thank a lot for your advice,
I am not in transcorp motor, I just want to know about them.
For now am waiting for something good from,
1. FCMB
2. Dangote sugar
3. Dangote flour
4. Diamond bank
5. Oando
And, I am considering to enter CCNN this week and FBNH between next week and upper week at cheaper price before the end of April.

Remove diamond and oando in the list if you are looking for dividend.They are good for long term.The other three will give you both capital appreciation and dividend no matter the reduction in their pat.

Do you see the two stocks you mentioned last,never joke with them..........By December this year,you will be on a new ride if you got them when they were shouting buy buy buy.

locodemy:


4.23 am. you still dey online.u be yahoo yahoo man?

Let me think but 9free was here 2:25am .

angelo82:
Final dividend of 55k.

http://www.nse.com.ng/Financial_NewsDocs/16912_UBA_PLC_-_2016_AUDITED_ACCOUNTS_FINANCIAL_STATEMENTS_MARCH_2017.pdf

very decent

locodemy:


Remove diamond and oando in the list if you are looking for dividend.They are good for long term.The other three will give you both capital appreciation and dividend no matter the reduction in their pat.

Do you see the two stocks you mentioned last,never joke with them..........By December this year,you will be on a new ride if you got them when they were shouting buy buy buy.

DIAMOND ? there is small hope for Oando . for example if oando pay dividend of #2 or #1.50 what do you think that will happen to there share price ? oando can pay bonus of 1 for 15 or 20 but diamond can't pay bonus of 1 for 100

fxuser:

UBA

- there is still some positive sentiment left in the tank
- RSI in a sweet point
- 50 dma still above 200dma (bullish trend)
- 20 dma >50dma
- there is still room for another minor rally

UBA cont'd
- with the recent div news , expect that extra minor rally
- watch for negative divergence for those who sell before closure and re-enter afterwards like me (Ucap et al )
- the bigger the div, the bigger the markdown , the bigger the pull from major trend (like Ucap)
- after closure , wait for d rejection cos the share would want to return to its prev major trend
- u can make upside before and after ! the maths relly add up
- there will be some nice set ups here pre & post div
- long timers can always average up post div also if they are liquid enuf

a blessed and fruitful week ahead for us all !

USD update
- cash was offered at 389/$ BCOB on friday !

FCMB is moving in the same path as Oando. My advise is simply; stay far away from both stocks for NOW!!!

THE BIG SMART GUY

godlyguy:
FCMB is moving in the same path as Oando. My advise is simply; stay far away from both stocks for NOW!!!

THE BIG SMART GUY

I like this.Had it been you (godlyguy)recommended fcmb ,shit for begin worry me.Thanks for not crashing my goldmine.

fxuser:


UBA cont'd
- with the recent div news , expect that extra minor rally
- watch for negative divergence for those who sell before closure and re-enter afterwards like me (Ucap et al )
- the bigger the div, the bigger the markdown , the bigger the pull from major trend (like Ucap)
- after closure , wait for d rejection cos the share would want to return to its prev major trend
- u can make upside before and after ! the maths relly add up
- there will be some nice set ups here pre & post div
- long timers can always average up post div also if they are liquid enuf

a blessed and fruitful week ahead for us all !

You too much, one love .

godlyguy:
FCMB is moving in the same path as Oando. My advise is simply; stay far away from both stocks for NOW!!!

THE BIG SMART GUY

The only GUY in the hause what do we buy ? or to buy more skye bank ?

locodemy:


Remove diamond and oando in the list if you are looking for dividend.They are good for long term.The other three will give you both capital appreciation and dividend no matter the reduction in their pat.

Do you see the two stocks you mentioned last,never joke with them..........By December this year,you will be on a new ride if you got them when they were shouting buy buy buy.

Lovely, that is wonderful insight my brother.
This forum is serving its purpose, i.e stock market pick alert.
Thanks once again.

ihedioramma:
DIAMOND ? there is small hope for Oando . for example if oando pay dividend of #2 or #1.50 what do you think that will happen to there share price ? oando can pay bonus of 1 for 15 or 20 but diamond can't pay bonus of 1 for 100

Oando and dividend in the same sentence? And you guys are supposed to be elders on this forum.

godlyguy:
FCMB is moving in the same path as Oando. My advise is simply; stay far away from both stocks for NOW!!!

THE BIG SMART GUY

Brother "godlyguy" Please which of the three stock will you recommend for medium term, like one or two months for both dividend and capital appreaciation.
Thanks in anticipation .

duni04:

Oando and dividend in the same sentence? And you guys are supposed to be elders on this forum.

in NSE every thing is possible.

duni04:

Oando and dividend in the same sentence? And you guys are supposed to be elders on this forum.

Sorry we only have one guy in this forum . we are brother's and sister's .

@Duni04; it's well. May God protect and preserve our capital

Meanwhile, when a bank starts sending promo emails and doing media jingles, asking customers to deposit money so as to qualify to win an amount, you go know say water don pass garri.

Btw february and April,the market is dorminated by fundamentals which translates to results,dividend and bonus.During these period,any company that underperformed is being punished by the market.we can see the reactions in stocks like FO & co.This period is also a period we see bull in the companies that outperformed the market.check those stocks that has done very well recently in results.

In the month of May,there is another reaction in the market.This is as a result of Q1 results which runs thru April and May.Prices of stocks that did very well in Q1 receives patronage by investors and ofcourse soars.

In the month of June,the market stands still.This is a period non fundamental stocks soars in price as a result of market news,sentiments.You may get a news that Transcorp has been awarded a contract by the FG.Before you realised what is happening,the stock has gained 100% .After one or two weeks,you see the stock rolling back.
This is also a time,people trade less and some moves their cash out of the market waiting for Q2 results which comes by July/August.At this time some companies like zenith,Access,Uba & co pay interim dividend.

The market also move a little during salah (August or september base on when it falls)and again cherry picks starts from october.This is a time investors evaluates companies nine months results.This was how I discovered FCMB which I am now a trustee member.

I am putting all these to members who never know the in and out of the market.Our priority should be making money not loss.May God bless you and wishing all a happy weekend.

I presume that visitors to this thread should now know when people are serious and not serious with stock picks on this forum. Oando and dividend be like comparing Nigerian rail system to Chinese system. Any company that has its year end as December 31 and fails to release results by March 31, is not a serious company.

locodemy:
Btw february and April,the market is dorminated by fundamentals which translates to results,dividend and bonus.During these period,any company that underperformed is being punished by the market.we can see the reactions in stocks like FO & co.This period is also a period we see bull in the companies that outperformed the market.check those stocks that has done very well recently in results.

In the month of May,there is another reaction in the market.This is as a result of Q1 results which runs thru April and May.Prices of stocks that did very well in Q1 receives patronage by investors and ofcourse soars.

In the month of June,the market stands still.This is a period non fundamental stocks soars in price as a result of market news,sentiments.You may get a news that Transcorp has been awarded a contract by the FG.Before you realised what is happening,the stock has gained 100% .After one or two weeks,you see the stock rolling back.
This is also a time,people trade less and some moves their cash out of the market waiting for Q2 results which comes by July/August.At this time some companies like zenith,Access,Uba & co pay interim dividend.

The market also move a little during salah (August or september base on when it falls)and again cherry picks starts from october.This is a time investors evaluates companies nine months results.This was how I discovered FCMB which I am now a trustee member.

I am putting all these to members who never know the in and out of the market.Our priority should be making money not loss.May God bless you and wishing all a happy weekend.

I pray that you discovered goldmine and not landmine

locodemy:


I like this.Had it been you (godlyguy)recommended fcmb ,shit for begin worry me.Thanks for not crashing my goldmine.

You are a lucky man.
FCMB may gain 5% on Monday.

Chibuking81:

Brother "godlyguy" Please which of the three stock will you recommend for medium term, like one or two months for both dividend and capital appreaciation.
Thanks in anticipation .

Are you a newbie

leo1234:

You are a lucky man. FCMB may gain 5% on Monday.

Why ?