Haypril07:
Please I need advice and guidance because it's my first time. I have #10,000 and I want to invest it before this month runs out...Please ur help will seriously be appreciated as I am new to this. A total newbie.
please help

Coolcash1:
Zenith is a cursed stock....I swear...

Coolcash1:


I still stand by this.

DOLLARTEX:
Gtb declares a dividend of 2.45,div yield 6.5%.zenith bank is giving us 10%.gtb must come down to 24.5 to match a div yield of 10% or else orubebe.

locodemy:


The presence of foreign market participants will never allow it to fall to your expectation.Stanbic is another stock like Gtb.

I think zenith Bank need to do something to match with Gtb in price.

Haypril07:
Please I need advice and guidance because it's my first time. I have #10,000 and[b] I want to invest it before this month runs out[/b]...Please ur help will seriously be appreciated as I am new to this. A total newbie.
please help

maishai:


Let me start from Here, You would want to invest and see your investment yield like say 100,000,000.....This is possible but you have 2 wicked and vicious enemies against you, they are Time and rate of return while waiting.....I once read a book that adviced for one to take all investment like farming grains as most investment mimics farming practices....If all you have is a grain of corn it is possible to fill a silo from a grain of corn but the minimum you would have to wait is 50 years(time) and that is if all the conditions necessary for the farming of corn(rate of return) is perfect for that 50 year time, so for starters you farm your grains one season at a time.......Therefore, If all you have is a grain of corn, you would do all that is necessary to keep the corn alive, you will watch over it day and night, you would look for the best possible soil to plant it, You would pick every bug that wants to make a nice meal of your growing plant.........With this analogy, stocks can only be an option to you if you have got time on your side and are not expecting a fantastic rate of return.................
The lure to stocks occurs when stocks are marketed as if current shareholders were the original owners of the firm....
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I feel like preaching this morning

locodemy:


The presence of foreign market participants will never allow it to fall to your expectation.Stanbic is another stock like Gtb.

I think zenith Bank need to do something to match with Gtb in price.

locodemy:
So union diag traded 35 million units today?
oh 35k units?

Even at 30kobo?

This stock will be very liquid at 10-15kobo.

I am waiting to buy @ the masses willing price.

locodemy:


The presence of foreign market participants will never allow it to fall to your expectation.Stanbic is another stock like Gtb.

I think zenith Bank need to do something to match with Gtb in price.

PETERiCHY:
I keep saying it "BETTER go and BEG the gods" this was exactly how they PUSHED you into buying Zenithbk since last year @N28 and uptil now even with their DIVIDEND you are yet to BREAK EVEN.

In all honesty i respect your VILLAGE PEOPLE, they always have a UNIQUE way of pushing you out of PROFITABLE DEALS whereas they always make you stay longer than necessary in UNPROFITABLE VENTURES.

locodemy:
So union diag traded 35 million units today? oh 35k units?
Even at 30kobo? This stock will be very liquid at 10-15kobo. I am waiting to buy @ the masses willing price.

GonFreecss1:


I have a feeling it has to do with profit margin. Zenith might beat GT bank in net profit, but I have noticed GT bank always has a better profit margin. Meaning they make more money with less available money relatively than Zenith Bank. This is the kind of things foreign investors like, I might be wrong though. Wish I knew with actuality.

PETERiCHY:


I keep saying it "BETTER go and BEG the gods" this was exactly how they PUSHED you into buying Zenithbk since last year @N28 and uptil now even with their DIVIDEND you are yet to BREAK EVEN.

In all honesty i respect your VILLAGE PEOPLE, they always have a UNIQUE way of pushing you out of PROFITABLE DEALS whereas they always make you stay longer than necessary in UNPROFITABLE VENTURES.

Krisuba:


Hope u have a source of income. Money u r putting into stock u shud consider it as investment not expecting immediate growth!!

Haypril07:


Yes bro, am ready to give in the #10,000 as investment.

Please advice a reliable source to invest in.

DOLLARTEX:
Corporate Action:
Stanbic IBTC Holdings has released its results for the 2018 financial year. Gross Earnings increased from N212 billion in 2017 to N222 billion in 2018.
Profit before tax rose from N61 billion in 2017 to N88 billion in 2018.
Profit after tax also increased from N48 billion in 2017 to N74 billion in 2018.
A final dividend of N1.50 has been declared. Qualification date for the dividend is Wednesday 20th of March 2019.

Check out the Nairametrics Apps store today
http://app.nairametrics.com/

DOLLARTEX:
Corporate Action:
Stanbic IBTC Holdings has released its results for the 2018 financial year. Gross Earnings increased from N212 billion in 2017 to N222 billion in 2018.
Profit before tax rose from N61 billion in 2017 to N88 billion in 2018.
Profit after tax also increased from N48 billion in 2017 to N74 billion in 2018.
A final dividend of N1.50 has been declared. Qualification date for the dividend is Wednesday 20th of March 2019.

Check out the Nairametrics Apps store today
http://app.nairametrics.com/

Mpeace:
Zenith has done better that stanbic and gtb. Its hard to understand why it trades below those stocks.
All the explanations given above don't even come close to an explanation.
Stanbic total dividend for the year stands at N2.5. Which is even lower than that of gtb. Yet it trades higher.

phemmie06:

My oga if you ask me na who I go ask? We all know that the driver and conduct of Stanbic IBTC are both imported.

Mpeace:
Zenith has done better that stanbic and gtb in terms of dividend yield

Mpeace:
I have seen the reason. Stanbic EPs is 7.05. They have done extremely well. Let them fly.

GonFreecss1:


Zenith and probably UBA (will) have a higher EPS yield relative to their share price. Why can't they fly too?

The answer to this questions are gold.

Mpeace:
My broda, that of stanbic is understandable. They a very big investment arm that can move any stock.
But I no understand zenith/gtb price difference.

Deadlytruth:
STANBIC's OS figure is 10bn units unlike GTB and Zenith that are almost 30bn each. I think this creates a relative scarcity for STANBIC as well as a higher EPS for a smaller PAT hence a stronger upward pull for its price on NSE.
Midas Stockbrokers once explained to me that most of IBTC's 10bn shares are in the hands of foreign individuals who hardly sell. This is also another factor.

GonFreecss1:


The foreign investors who don't sell is an interesting point I have been thinking of too.