sonofElElyon:
The experts please .. which is the best bank stick for long term. Capital appreciation and attractive dividend

Zenith

sonofElElyon:
Also insurance stock, which has the best growth prospects for appreciation and dividend?

AIICO, NEM and Mansard

locodemy:

It is you and your broker that needs blame not the registrar.
Ask for transfer form from your broker .You will need to sign only in two places and send back to your broker. Your broker will fill other required info in the form and upload to cscs which takes about two weeks

It appears as these registrars are hiding something,why won't they tell the shareholder that this is what to do. Thanks bros for this valuable information. Newbies to note.

IyaTola:
AIICO, NEM and Mansard

Thanks. Any contrary opinion before I dive right in? Going.. going..

IyaTola:
Zenith

Thanks again.. any other opinion?

locodemy:

It is you and your broker that needs blame not the registrar.
Ask for transfer form from your broker .You will need to sign only in two places and send back to your broker. Your broker will fill other required info in the form and upload to cscs which takes about two weeks

Thank you my chairmo,

Two bottles for you when I cash my dividends

https://doclib.ngxgroup.com/Financial_NewsDocs/33134_PHARMA%20DEKO_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_.pdf


https://doclib.ngxgroup.com/Financial_NewsDocs/33139_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_1_%20_FINAN.pdf


https://doclib.ngxgroup.com/Financial_NewsDocs/33142_LIVESTOCK_FEEDS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_.pdf

moneymanager:
Whatever is preventing these stocks from coming to my bus stop
Am not happy with it

1 year of garri soaking and nothing to show

bros you don dey regret all the buying opportunities wey you miss? Move your goal post come front small na. No forget say insiders been dey buy Zenith between N22 and N25. It's not to late to enter this bus

Ades1:

Move your goal post come front small na.

NEVER......

moneymanager:
Whatever is preventing these stocks from coming to my bus stop
Am not happy with it

1 year of garri soaking and nothing to show

You are about to enter one chance

Agbalowomeri:


You are about to enter one chance

Not when naija market is not my all in all.

https://doclib.ngxgroup.com/Financial_NewsDocs/33139_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20_QUARTER_1_%20_FINAN.pdf

This Gsk is almost finished o. Abi na now they wan handover operations to Fidson.
Those who want to chop dividend should look twice. This is just Q1 2021 result, how will the others look like?

yMcy56:
CAP PLC Q1 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/33129_CHEMICAL_AND_ALLIED_PRODUCTS_PLC%20_QUARTER_1_%20_FINANCIA.pdf

.
.

not impressive at all.

sonofElElyon:
Thanks. Any contrary opinion before I dive right in? Going.. going..

I hope you won't just dive in blindly....
Your entry matters a lot......
Some checks needs be done before you dive in.......
The three insurance stocks, including Custodian are good no doubt......
There are also like two or three upcoming ones........
Again, do your DD and time your entry right, check the news surrounding them before buying.......

First bank div received

Ades1:



I am glad others are aware of this too. How do they work (Chaka & Passfolio)? Do they set their FX rates too or they use the official rate from CBN?

It's improbable to use CBN rate. If that's possible, folks (myself inclusive) would high jack it and sell to parallel markets at mouthwatering profits.

First bank dividend just landed. Awaiting Access Bank's in 2 days. It is going to be a good weekend.

Good day all,pls was Dan cement marked down today

On GSK' Q1 2021, i've received a couple of mails following their report some of which were from forum members here.
Am truly sorry if this doesn't come off right but quite frankly, some of u still have a long way to go before u can understand how to effectively analyze financial statements.

As I've always said here in times past; to draw a BETTER INFERENCE in fundamental analysis, NEVER assign judgement by looking at a single or few factors in isolation. ALWAYS BEST to look at several KEY indices as a collective.

Investing is both an act and a science. When u fail to lead the part in italics above, investing becomes a mere act where decision-making are lead by the heart(a persons emotions) ahead of their head.(the act and science combined)
The result? ...You won't have an explicit basis to draw-up an effective/sound conclusion.
Let me help with a brief:

A financial statement comprises of 3 pivotal parts;
1) The income statement (SoI)
2) The statement of cash flow (CFS)
And
3) The Balance sheet (BS)
Of the 3, No 1 is the least important. Note the use of the word "least"...which means; It's important, but less, when compared to the other 2.
On a scale of preference, No 2 should ALWAYS get a higher weighting than 3 and 3 than 1 if u desire to effectively interpret a company's financial print, make sound judgement and WIN!

Hear this; The KEY is to know how to RELATE 2 and 3... then separately BENCHMARK both against 1.
This is one sure way to spot great VALUE in asset pricing even before others can see it.

Now look at that part in bold; There is a danger when as an investor, u make decisions by reshuffling the scale.
By permutation/combination (F/math), the 3 can be arranged in 3 factorial ways...=6 (3*2*1)
Of the 6 ways, statistics have shown that over 92% of investors tend to build their judgement using the 4 of 1>2>3, 1>3>2, 2>1>3 and/or 3>1>2 .
Of the 4 ways, the first 2 is one way that company's/firm's play their shenanigans especially on manipulating earnings (mirage accruals etc).
While the 3rd and 4th is one way to expose/spot the level of incompetence or ineffeciency on the part of management, cooperate misgivings and/or how they siphon funds while painting a different picture in their books. (a case in point was with FBNH and WAPCO btw 2016-2018... I spotted this then and raised the alarm here. Both coys later fell from a high of N13+ and N50+ to N5+ and N9+ respectively)
Management have since turned the tide though.

Only the 2 ways of 2>3>1 and 3>2>1 is totally effective. ...with the 1st carrying a greater weight of efficiency.(unless u are using several key financial models to gauge value, u might make a mistake with the 2nd... otherwise it is also very effective)

For those looking at GSK' SoI in isolation, a quick illustration...
2 investors, Mr A and B wanted to invest in 2 different assets.
Mr A bought into a coy with contracting NPM(or even negative EPS/EM), but with a healthy CF, CGPR, EFIR, AER, CBR, NCPS etc,
While Mr B bought into the other with a quite opposite xteristics.
In time, Mr A saw his investment double while that of Mr B took a hit.
Inference: Mr A dug in to spot the VALUE BEHIND THE PRICE... while Mr B could have been among the 92% mentioned above.

Pls kindly go back and dig deeper into GSK' financial prints using either of the 2 effective/rewarding ways highlighted above, then u can come back and tell us what really is the intrinsic value of the coy.

On a side note, the 4 aforementioned ways is how the managers of some Nig coys rip-off minority investors/shareholders. ...either by painting the extreme of a make-believe impression that everything is GOOD or that its BAD.
When they want to steal from u(NCI or otherwise) or see immense VALUE they intend to reap from, they create a bad picture.
Its easier for management to manipulate their SoI and make u believe what they want u to than the BS and CFS (this in particular is about the hardest)
Which is why it's extremely important to learn how to spot the good in a perceived poor financial print and the bad in a seemingly good one.
I remember telling someone that it will be a bad idea to accept the MTO price of NEWREST ASL(former airline serv & logistics) because the coy was making so much money at the time but trying hard to hide it in their FP so they could achieve their motive. Everyone knows what happened after they delisted.
NEIMETH and WAPCO @ 38k and N9 are also great examples of spotting the good in what may be perceived as a poor FP. (VALUE behind the price in view)

GSK @ the current mkt price is a STEAL. ...presently the cheapest in the NSE.
I already gave my analysis/take on it. (refer to my several past posts)
But pls feel free, if u wish to avoid the coy or exit (for those already in) ...it will sure present any discerning investor a great opportunity to increase their stake!

Selah

Biafran4life:
Good day all,pls was Dan cement marked down today

Yes, qualification date was 27th Apr, 2021

Those looking for 10-20% in a very short term should look the way of ABC Transport now.It is building up technically. Any fundamental news?
Their 2020 financial statements said they made a loss of 400m.

locodemy:
Those looking for 10-20% in a very short term should look the way of ABC Transport now.It is building up technically. Any fundamental news?
Their 2020 financial statements said they made a loss of 400m.

I would recommend Cutix instead.

Anyway, has anyone received AIICO bonus?

Heishere:


I would recommend Cutix instead.

Anyway, has anyone received AIICO bonus?

I am looking at the technical aspect now.
ABC has a very strong technical against cutix

Other stocks building up by technical are:Honeyflour,caverton,Transcorp etc.

Just for short term (10-20) traders

ukay2:


Yes, qualification date was 27th Apr, 2021

thnks

locodemy:
Those looking for 10-20% in a very short term should look the way of ABC Transport now.It is building up technically. Any fundamental news?
Their 2020 financial statements said they made a loss of 400m.

Did you say 400 m loss.Another of my past investment mistake.That mbaise man is not serious.He should just sell that company to God is good motors

Biafran4life:
Did you say 400 m loss.Another of my past investment mistake.That mbaise man is not serious.He should just sell that company to God is good motors

Yes, over 400m according to financial statements of 2020.

I learnt Dangote bought about 400 shacman trucks from one of their subsidiaries recently . Maybe Q1 result is looking promising.

I activated another pattern of learning/trading......i. e Nsempa criticisms

UCAP Q1 is here.....
https://doclib.ngxgroup.com/Financial_NewsDocs/33144_UNITED_CAPITAL_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FO.pdf

locodemy:
I am looking at the technical aspect now.
ABC has a very strong technical against cutix

Don't come and go and get trapped again o.

yMcy56:

Don't come and go and get trapped again o.

Not yet in. Units not even available in the market.

Courteville will also trap someone's money for a longer time. Minus the 3kobo dividend which I see as a trap, that bring lots of activities now.

locodemy:
Not yet in. Units not even available in the market.
Courteville will also trap someone's money for a longer time. Minus the 3kobo dividend which I see as a trap, that bring lots of activities now.

It's very illiquid and a somehow seasonal trade/stock.
Also trade in range........not large volume friendly.

*edited*

yMcy56:

It's very illiquid and a somehow seasonal trade/stock.
Also trade in range........not large volume friendly.

I am taking another look at Honey flour. I traded on this stock from 96kobo to 1.20 twice.

Looking for where to put the money I sold from Transcorp yesterday.

Not interested in any of the insurance stocks now.