ZikkyChops:
Zenith bank 2.80k final dividend. Impressive

Not! I was expecting N2.9. 3% increase is not good enough imo, they need to do better

2zona:
This Russian/Ukraine war is getting intense oo, hoping that bears will not begin to show face and ravage NSE market ooo. May God intervene and save us all.

I hope they do, I wan't the upcoming dividends to buy me a lot more shares

Ades1:



Got my Stanbic bonus around October or November

Yes, First Registrars emailed me asking which brokerage I would want bonus sent to. After my response, it took about a month

OBAGADAFFI:
Any news about Cutix and Stanbic Bonus?

Got my Stanbic bonus around October or November

OBAGADAFFI:


Stanbic will deliver.

You know Stanbic is a combination of Banking and Investment.

I hope so because that's not the sentiment being shared here, time will tell

I knew something was brewing when employees of UCAP were loading the stock hand over fist late last year. Every time I check the NGX disclosure website, there is an insider buy update! I wish I had more UCAP but I believe more buying opportunities will come.

Another company with massive insider buys is Stanbic, hopefully Stanbic will surprise with decent dividend payment.Fingers crossed

Dividend of N1.50 at current price represents a staggering 12.5% yield. To all the profit takers, I will be buying hands over fist next week. Make I go fill out my loan application

emmasoft:


https://doclib.ngxgroup.com/Financial_NewsDocs/35138_UNITED_CAPITAL_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_20.pdf

Dividend N1.50

Wow!! Thank you very much UNITED CAPITAL! More future 110% dividend raises!!!

OBAGADAFFI:


UCAP was a subsodiary to UBA.

UBA is N8.40 while CAP is N12

We care too much about the price of a stock. It doesn’t really matter what the price of a stock is, what matters is the shares outstanding and market cap. Can’t be comparing UCAP to UBA when UCAP is less than 1/4 of the size of UBA.

That said, I am going to need UBA to fly soon! I had so much faith in this bank when I started investing about 2 years ago.

emmasoft:


According to their notice in December the board meeting of UCAP was yesterday, most likely the result is already seen by some insiders

Meeting was actually on the 14th! Surprised it’s not been made public. The person in charge is probably taking their sweet time smh.

Princkez:
Ucap on full bid @12

Someone knows something, I think. We’ll find out soon

emmanuelewumi:



Are you expecting from any company?

I was expecting UBA to post an update. UCAP to post the outcome of their meeting including dividend info

BabsO2:
What is happening to corporate disclosure. The last update was on the 11th Feb

before the site went down
https://doclib.ngxgroup.com/Issuers-section/corporate-disclosures/company-results

or stopped updating
https://ngxgroup.com/exchange/data/corporate-disclosures/

I was wondering the same. Not surprised though, just hoping it is the normal Nigerian tradition of incompetence and not someone deliberately withholding info to allow people enter or exit

Biafran4life:
Pls what is the too much info on public forum here. All I see here is just amount and units of shares. How can this expose one to any evil. I don't see any personal information here. Pls I am of the old school.What is it that I am missing so that I could be guided too.This was how I read here that one way to protect yourself from bank scam was to place lock on your sim card. I tried doing it in December behold my line was blocked.And I need puk no to open it.And don't remember whr I kept the
pack since it was the time mtn chop us mugu I bought the sim.I didn't find the stress of getting it unlock funny,lol as I had to go to mtn office twice.

I tire .

GANDALF1:


Thats a good strategy you have there. and you are correct about me not buying anything at the moment. Instead I exited my UBA position today and I am now 100% in cash.

NSE has exceeded its known resistance and is beginning to show weakness in volumes. Dont forget that it is local liquidity that is driving the markets now. So I need people like you to buy and hold.

Once the fuel dries, the prices will drop back and I will buy low while you will be trapped and might stay trapped because it might take you one year to bail.

������ no be only trapped, na trapped in the closet. Bros continue with your technical analysis, while I continue my investing. In 12-15 years we will see how far.

GANDALF1:


This is not a buyers market. I will advise you hold your cash for a while as the market will soon tank as usual.

With the global economic apprehension surrounding rate hike (to which Nigeria is not immune) and noting that this is a year to general elections, if you hold positions, this is the time to sell and wait.

Once the euphoria surrounding year end results ends, the index will platoon and range till first quarter results filter in at the end of April after which some of the prices you see today will be gone till January 2023 at its earliest or after elections in Feb/Mar2023.

With this kind of mindset you may never buy anything oh. Some of the big banks GT and Zenith are still at reasonable prices. I still bought a tranche of Stanbic last week. My own na to buy and wait, that's all I can control. I have no control over rate hikes or who wins elections

yMcy56:
MTNN
Final Dividend: N8.57k
Qualification Date: 6th April, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_Final_Dividend_Information_FY_2021.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34946_MTN_NIGERIA_COMMUNICATIONS_PLC%20_AUDITED_FINANCIAL_STAT.pdf

Sooooo, invariably, UCAP is not the first Coy in 2022 to release result in 2022 .........
We hope it's for a more better deal...........
**Update to previous post**

COURTVILLE
Board meeting outcome is out, no mentioning of delisting in the document uploaded yet.........

MTN sha! Another 45% increase to the dividend like it is nothing. My hope is that they continue this for another 10-15 years, that is when I plan to start cashing out!

IYGEAL:


Advantage of US Stock market is that pessimists also make money, especially at these bad times . Same can't be said of our dear NGX which is yet to adopt shorting.

very true but the ones who come here to make noise don't know anything about shorting. Most are limited by the fintech apps they use.

gbengafaro1986:
Has anyone noticed Team US STOCKS never show face in like the last one week Dem don dey chop breakfast like this

It's been minus 1% everyday in like the last 7-8 trading days. US markets slaughtering every investor lol

emmanuelewumi:



There is no bank with a dividend payout ratio of 75%.


It is usually between 45% and 50%.

Banks like FCMB and Fidelity have a dividend payout ratio of less than 30%

Thanks for the honorable mentions of FCMB and Fidelity. Time to check them out and possibly add them to the portfolio.

BabsO2:


Based on their Q3 results their EPS will likely drop from about N7 to about N5 in 2021 full year. Even if it drops to N4 will CBN stop them from paying total dividend of N3. As the drop is most most likely temporary.

Right, imo, I don’t think CBN will do that. En earning of N4-N5 should allow them pay out N3. They may not allow them increase the payment though.

I personally think GT will continue to match Zenith in payments for now. This is just an opinion of mine, there is no DD to back this up

emmanuelewumi:



Okay.

Not sure if GTB can pay the dividend paid last year.

The lower the better for those leveraging down, which i wont advice now but those with a reasonable average price should hold

Is this just a gut feeling or there are actual numbers to back this?

They better not play with my income

DUNKA:
https://www.nairaland.com/6942244/gt-bank-innoson-dispute-supreme-court#109426366

Hopefully this is the first catalyst GTCO needs to start moving up. The beating has been too much

Krisuba:
Opinions on GTb please, is it wise to pick know Please am responsible for whatever decision I take!!

Bought at N28, N27, N26 and currently still buying… It will probably continue to go down before it goes up, no one knows.

I personally don’t care, the lower it goes, the harder my new Naira deployment work. If you’ve done your research and you’re convinced, just buy and let the market do its thing.

Lovelygbems:
Mortgage bank looking for investors....

Interest of 48% for 16 months

Convert capital to shares at end of duration..


Share in profits yearly....


07067025384...
.....

moneymanager:


Everyone here is a millionaire in naira for sure but millionaires in dollars Mehn am not sure
That’s at least over 500 mil naira cash asset/investments (not asset that one cannot evaluate)

If you have that kind of money. You will be waking and sleeping with NYSE ringing bell and your fund manager will be your only phone contact
You my friend are no dollar millionaire
At that level the reasoning and argument is different if you have time to argue at all

Tax reduction and money doubling in the shortest amount of time will be your greatest priorities

Just so you know, there is a Naira billionaire here, I know am personally! Heavy weights full this place, no let silence deceive you bros. Happy New Year

PETERiCHY:
SHARPEN your CUTLASS for SANTA CLAUS RALLY

Venue = NSE

Date = 23rd & 24th Dec 2021

Time = 9.30am to 12pm

BARGAIN HUNTERS TAKE NOTE!

This bros! I hope you're right oh

locodemy:


Dividend hunters around the corner.All dividend paying stocks must be battered this period to pave way for good dividend yield.

Buy when you begin see volume spike

For me this period, any money wey I get like this, na dividend stocks! No enjoyment for now

Why is this place quiet? Why is no one posting what they're buying? Do we only hear about your successes when the market is green? Please post what you're buying and possibly reasons for buying. Market don show me shege, the only way around it now is to buy more

emmanuelewumi:



So what is the average returns on investment when you use such loans

I once made 15% return within 3 months of taking a 0% loan. I went ahead and just paid it off instead of waiting till the end of the offer period.

Patiently waiting and hoping for Covid sell off again like March of 2020.

Jerekre:

The low rates, from where did you get it?

Na foreign loan bros. I be global citizen, so once in a while I get offered between 0%-4% loans.. I am currently sitting on one of those 0% loans right now, just haven't signed the papers yet because nothing really attractive atm.

emmanuelewumi:



Investment One has something similar through their finance house, that is Orange One Finance.

Interest rate is 24%, processing and management fees is 2%.

So FSDH at a total of 22% is better, the rates can be negotiated based on the size of your loan.

United Capital is about 16%, but they only accept their Fixed income Fund, Eurobond Fund and Money Market Funds as collateral, shares are not acceptable

24% apr Loan���. IMO, that’s suicide, maybe it’s because I’ve been spoiled with very low rates