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Nigerian Stock Exchange Market Pick Alerts - Investment (6738) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 1:03pm On Jul 06, 2022
yMcy56:
ACADEMY PRESS
Final Dividend: 0.10k
Bonus: 1:4 (One for every 4 held)
Qualification Date: 16th Sept, 2022
Payment Date: 29th Sept, 2022
Registrar: Pace Registrars
A good one from Academy Press... cool
https://doclib.ngxgroup.com/Financial_NewsDocs/36313_ACADEMY_PRESS_PLC%20CORPORATE_ACTION_CORPORATE_ACTIONS_.pdf

Dividend and bonus hunters food don land oo.
Who says @Locodemy no dey see road...... wink

Same Dividend with UPL
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:23pm On Jul 06, 2022
OBAGADAFFI:
Same Dividend with UPL
Yes. Bonus making that of Academy much better..,...

UPL disappoint......
There was talk of possible bonus in their letter but not included in the final corporate action. Maybe the Directors didn't approve it.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:08pm On Jul 06, 2022
yMcy56:

Yes. Bonus making that of Academy much better..,...

UPL disappoint......
There was talk of possible bonus in their letter but not included in the final corporate action. Maybe the Directors didn't approve it.

Agreed, waiting for Learn Africa corporate action
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:12pm On Jul 06, 2022

Re: Nigerian Stock Exchange Market Pick Alerts by igbizen(m): 10:12pm On Jul 06, 2022
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 11:29pm On Jul 06, 2022
igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

Apart from the broker try and involve the registrar of the stocks and cscs plc.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Godisfaithful: 3:17am On Jul 07, 2022
It is well…

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Frangel: 3:45am On Jul 07, 2022
It all depends on the date last year when you had the 200,000 shares because of the share reconstruction of 1 for 4. If you had 200,000 shares of AXAMansard before Sept 9, 2021 and sold 50,000 shares after Sept 11, you sold ALL your shares hence cannot be in your CSCS account. If you had UACN, you would have received UPDCREIT shares from the unbundling exercise. Shares should not appear and disappear on your CSCS unless your stockbroker is trading on your portfolio, which is unethical if not approved by you.
igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Wapgod(m): 3:52am On Jul 07, 2022
igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?
Name and shame the stockbroker

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:42am On Jul 07, 2022
igbizen:
I found out that my Axa Mansard was removed from my portfolio when I asked my broker they said it’s not registered in CSCS. I found out that axa mansard readjusted their shares last year. I had 200,000 shares last year. Sold 50,000 from balance 150,000. All of a sudden it disappeared. My MTN shares also disappeared. I have been disturbing my broker. All they keep telling me is that they are working on it. A few days ago, the MYN shares appeared together with UPREIT ( UPREIT- which I don’t have in my portfolio and I have never bought before). After somedays both the MTN and UPREIT disappeared again. Please what else should I do? Apart from waiting for my broker?

First, request for your CSCS statement look through it, if you find discrepancies contact both the company registers and your broker.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 9:55am On Jul 07, 2022
I hope Ardova will do and release their Q1 and Q2 result promptly
https://doclib.ngxgroup.com/Financial_NewsDocs/36322_ARDOVA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 10:04am On Jul 07, 2022
Academy...
On full bid...
Hope it can break its 52wks High
Dis time ...
Na 10 percent per day be dis...
Watching n 3D...
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 10:20am On Jul 07, 2022
OBAGADAFFI:


Agreed, waiting for Learn Africa corporate action

Learn Africa declared 20k
Re: Nigerian Stock Exchange Market Pick Alerts by nio68(m): 10:35am On Jul 07, 2022
How often do you guys need to do KYC with your brokers. It is getting ridiculous how often I am having to do this with my broker - Morgan Capital
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:42am On Jul 07, 2022
@igbizen
Your story looks like your broker reconciled your CSCS statement with your trading portfolio.
Try and request for your CSCS statement and do the comparison.

Also of importance, is the need for you to subscribe to annual individual CSCS online, whereby you could login at any time and cross-check your holdings with what you have in your trading acct. Annual subscription is less than N3k.

Moreover, it's been hammered here that people should develop interest in reading news surrounding their stocks, it will help you to understand quite some things without necessarily getting furious with your broker or anybody when you think something goes wrong.

MANSARD did reconstruction of 1:4 and was extensively discussed here.
Some brokers did not update the trading acct whereas, CSCS already updated the new shares. There are instances whereby individuals have to contact their brokers to update their trading acct with the correct units. Similar thing was done for Multiverse recently.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:53am On Jul 07, 2022
sterlingD:
I hope Ardova will do and release their Q1 and Q2 result promptly
Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/36323_ARDOVA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_F.pdf

2021 FYE
https://doclib.ngxgroup.com/Financial_NewsDocs/36322_ARDOVA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:55am On Jul 07, 2022
emmanuelewumi:


Learn Africa declared 20k

Great

I have see not their recent report.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:17am On Jul 07, 2022
GTCO, ACCESS
Are sellers getting tired or we are still waiting for the dumper?

** Saw some transactions for Deepcap and Daarcomm. Hope the buyers are not in this forum.. If you buy you are OYO o **

GTCO: The more the entity is dumping, the more people are buying.........I want to believe the guy/guys didn't have unlimited number of units anyway.
We siddon quietly dey watch......

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 12:40pm On Jul 07, 2022
yMcy56:

Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/36323_ARDOVA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_F.pdf

2021 FYE
https://doclib.ngxgroup.com/Financial_NewsDocs/36322_ARDOVA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2021_FINAN.pdf
I don't really understand this ARDOVA...looks like a big scam
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:53pm On Jul 07, 2022
Princkez:
I don't really understand this ARDOVA...looks like a big scam
Maybe dem get some Directors and friends-in-power chopping there.......and all the chops dey go under cost of sales. grin
Enyo acquisition/result may also have impacted negatively on their result.

I just dey help Una post the reports.
Na Experts go dissect the result well well.....
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 1:16pm On Jul 07, 2022
OBAGADAFFI:
Agreed, waiting for Learn Africa corporate action
0.20k was proposed by Learn Africas Director's for 2021 FYE.
A good one from Learn Africa too. cool

The Sector did so well in the last Financial Year End....

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:26pm On Jul 07, 2022
yMcy56:

0.20k was proposed by Learn Africas Director's for 2021 FYE.
A good one from Learn Africa too. cool

The Sector did so well in the last Financial Year End....

That sector is booming.

UPL, Learn and Accademy are big players in the Printing Industry.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:40pm On Jul 07, 2022
OBAGADAFFI:


That sector is booming.

UPL, Learn and Accademy are big players in the Printing Industry.

Yes, a retired Professor will go home with a dividend of N10 million from Learn Africa. He is also an author, earning royalties from Learn Africa for his books sold. That should be more than his pension. This is passive income in action.


With the way pirates are dealing with Learn Africa, I think they have done well not withstanding the difficulties in the sector

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:00pm On Jul 07, 2022
What is happening in Jaiz bank?
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:00pm On Jul 07, 2022
emmanuelewumi:


Yes, a retired Professor will go home with a dividend of N10 million from Learn Africa. That should be more than his pension.

With the way pirates are dealing with Learn Africa, I think they have done well notwithstanding the difficulties in the sector

They have changed their distribution channels.

They are now directly involved in the retail and distribution of their products, and partner with both Government and Private educational institutions.

I learnt they benefited from the Universal Basic Education policies.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:17pm On Jul 07, 2022
OBAGADAFFI:


They have changed their distribution channels.

They are now directly involved in the retail and distribution of their products, and partner with both Government and Private educational institutions.

I learnt they benefited from the Universal Basic Education policies.




Pitates are still eating deep into their market share
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:42pm On Jul 07, 2022
emmanuelewumi:



Pitates are still eating deep into their market share

Yes, but thier turnovers are still high.

Pirates can only sell to folks outside their (Learn) distribution channels.

Learn sells directly to government and private sectors.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:47pm On Jul 07, 2022
OBAGADAFFI:


Yes, but thier turnovers are still high.

Pirates can only sell to folks outside their (Learn) distribution channels.

Learn sells directly to government and private sectors.




Pirated copies are cheaper, some of the distributors also work with pirates. Book shops in places like Oshodi, Ojuelegba, Ikeja and other markets sell both the original and pirated copies
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:18pm On Jul 07, 2022
emmanuelewumi:



Pirated copies are cheaper, some of the distributors also work with pirates. Book shops in places like Oshodi, Ojuelegba, Ikeja and other markets sell both the original and pirated copies

Yes, Pirated copies are cheaper.
But Publisher can bypass Pirates.

From Sales experience, most schools have agreements with Publishers, they force students to buy books within the school.
If the school agrees to buy Publisher's books, Publishers have to pay them a commission and discounts on each book.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:03pm On Jul 08, 2022
CAVERTON
Sighted on full bid @1.22
Caverton seems to be getting on right track.......
* Aircrafts repairs now extended to third parties.......
* Maintenance of fleets belonging to Nigerian Armed forces, Presidential fleet from Benin Republic now uses their services.....
* Water bus to support marine transport...... Etc.
https://doclib.ngxgroup.com/Financial_NewsDocs/36318_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20PRESS_RELEASE_ON_M.pdf

Surprised those bashing were not quick to come announce this one...... tongue
So when OGG said N1 and below was good bargain, he was right...... smiley
Think I also mention N1.10 and below.......I was right too........make I follow Oga OGG shine small for here... wink


ACADEMY PRESS
Full bid @1.89..... smiley
Gave the juiciest reward in the Sector...in my opinion..
Followed by LEARN AFRICA.......
Followed by UPL........
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 12:28pm On Jul 08, 2022
Sorry if you have bought it when the call was first made you would be in serious trouble now. cool

yMcy56:
CAVERTON
Sighted on full bid @1.22
Caverton seems to be getting on right track.......
* Aircrafts repairs now extended to third parties.......
* Maintenance of fleets belonging to Nigerian Armed forces, Presidential fleet from Benin Republic now uses their services.....
* Water bus to support marine transport......
https://doclib.ngxgroup.com/Financial_NewsDocs/36318_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20PRESS_RELEASE_ON_M.pdf

Surprised those bashing were not quick to come announce this one...... tongue
So when OGG said N1 and below was good bargain, he was right...... smiley
Think I also mention N1.10 and below.......I was right too........make I follow Oga OGG shine small for here... wink


ACADEMY PRESS
Full bid @1.89..... smiley
Gave the juiciest reward in the Sector....in my opinion...
Followed by LEARN AFRICA.......
Followed by UPL........

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:28pm On Jul 08, 2022
NSE now a place of vawulence grin grin grin

2 Likes

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