yok:


FB is still a quoted stock and they have some investments in metaverse items, but these are still part of the company.

If you are interested in metaverse related stocks there are a couple of them aside FB: MTTR, RBLX etc.

For now some good metaverse tokens/projects in the top categories are : SANDBOX, MANA,AXS, AVAX etc. You can further follow on this in the US stock forum. Equally you can message me for an introductory material if interested.

Businesselites2:
5 Lucrative Metaverse Stocks You Can Buy in Nigeria in 2022
In just a few days into 2022, most companies have experienced a major surge in their market cap. As a result, this has brought about a substantial return on investment to their investors.

These profits on the investments didn’t just happen in one day, most of it had a long-term duration. There are several lucrative marketplaces you can invest in this year to secure a long-term profit, and Metaverse stocks is one of them.

https://businesselitesafrica.com/5-lucrative-metaverse-stocks-you-can-buy-in-nigeria-in-2022/

moneymanager:
Can you share the USA stock forum link

Biafran4life:
who are the people selling and why.Do you foresee it coming down to #20

emmanuelewumi:



Foreign Investors and pension fund managers

Biafran4life:
For foreign investors it could be they are moving fund to better market.Pls what could be the reason for pension fund manager.Is it the hadco thing or what?
I am heavy here since the time of #10.90

emmanuelewumi:



Foreign Investors and pension fund managers

Biafran4life:
For foreign investors it could be they are moving fund to better market.Pls what could be the reason for pension fund manager.Is it the hadco thing or what?
I am heavy here since the time of #10.90

robobo:


As said by Onegentleguy @10.90 entry (with some dividend having been earned since then) i dont see the reason for your exit except if u have an emergency

That said, the premium of GT over Zenith had always been predicated on two factors i.e. better efficiency and better Corporate Governance (perception) of GT over Zenith. These two factors are currently being challenged by the pivot into holdco by GT hence the negative impact on price.

The corporate governance is being challenged because a sizeable number of investors believe that the pivot into a holdco is just a ruse by Agbaje to perpetrate himself beyond the 10 year rule by CBN ( as done by the Baloguns in FCMB with the elevation of Ladi from being the Bank MD to the Group (holdco) MD), which IF TRUE is a massive negative dent on the perceived top notch corporate governance perception of GT.

On efficiency, the pivot into holdco is also negatively impactin the bottomline of GT in form of extra expense that comes with such transformation (which ideally should be largely temporary) but more importantly also the slow down it brings to business (hence drop in revenue) because of the attention that is required from executive to pull the pivot through (marketshare which might not be recoverable).

n.b i dont own GT but might be willing to accumulate if entry is better than current price to compensate for elevated risk

emmanuelewumi:




Are you an insider within the Institutional investors circle.


You have summarised everything

robobo:


Boss i am not within the Institutional Investors circle but within the finance industry, hence i leverage contact to keep myself in the news / happening.

Plus as a rule i have made sure my doctors/ lawyers and stockbrokers are personal friend that i reach out to even if we dont have any business at hand because after your immediate family those are people that are very IMPORTANT to you.

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

Ades1:



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

They better not play with my income

emmasoft:


They can only pay what their earnings support. If the earnings come out fine they will do as usual otherwise they have to stay within their earnings and more so the regulators are their to checkmate them.

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.

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.

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.

emmasoft:


Whatever they will pay will always depend on their earnings and dividend policy. CBN is a regulator, they will not stop them from paying what their earnings support.

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%

Ades1:



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

moneymanager:
Zenith Bank to the moon

Nigerialabalaba:
Cc My*** Se** Lala* Dom** Muk***

emmanuelewumi:



They might i have to dip hands into their reserves in order to pay the dividend paid last year if their earnings cant support a final dividend of N2.70k.


Dividend cut is a red flag and the company will be futher punished by the market, i dont think GTB will want that

All things being equal last year's dividend with be retained by all means

yMcy56:

Oga Labalaba, you dey vex o
See the battalion you copied. Lol.
Igi Pawpaw o ni wo pawa o