Qualification and payment dates for
GTCO?

beejay1:
Net impairment charge on other financial assets of 35B (2022) as against 760M (2021)....
Could this be the reason why there was a drop in profit and EPS?

What!
N35 billion in 2022 as against N760 million in 2021.
This RED flag is bigger than Nigerian Flag ooo

Mfunkynation:

What!
N35 billion in 2022 as against N760 million in 2021.
This RED flag is bigger than Nigerian Flag ooo

Relax my dear. ...there's absolutely no cause for alarm.
What if I tell you that GT did slightly better than ZENITH on more VPD in view of their YE, 2022 Nos?
What if I tell you that GT currently "carry a bit more value with it" than ZENITH? (MoS/RRM from FVE)

Both coys are ok, but I have a slight preference for one ahead of the other.

Again, PAT does not always tell the whole story.
Look beyond the SPL and consider deeply their SCF and BS position.

I currently do not hold any of the 2 at the moment but if I were to consider an entry, it would be a 60-40% fund allocation (portfolio weighting in view) in favor of GTB. (ahead of ZENITH)
...of course, using an appropriate trade set-up.

As with ZENITH, the match in div pay from previous year (for GT) might be management's deliberate strategy to calm any expected sell off that may have otherwise built-in from the drop in NPM.
Could also be a way of telling us that the banks growth trajectory could be sustained in 2023.
(Q1, 2023 Nos will give us a clue though)

No thanks to the many structural deficiencies in the system, these banks appear to have built themselves in a manner that gives them the needed shock absorber to take in these sought of loses. (impairments in view)

On the share price, I think that dividend hunters (div growth investors) might want to hold... perhaps until post ex-dividend.
I expect a drop in price thereafter.
Again, I think Q1 and possibly H1, 2023 Nos will to a large extent determine the share price movement.

We'll see how the market reacts to this.

leparj:
Qualification and payment dates for
GTCO?

GUARANTY TRUST HOLDING COMPANY PLC:

Proposed Dividend: N2.80 (final)
Qualification Date: May 1, 2023
Closure Date of Register: May 2, 2023
Payment Date: May 11, 2023.

onegentleguy:


GUARANTY TRUST HOLDING COMPANY PLC:

Proposed Dividend: ₦2.80 (final)
Qualification Date: May 1, 2023
Closure Date of Register : May 2, 2023
Payment Date: May 11, 2023.

Thank you Sir.

leparj:
Dangote Sugar dividend alert just
entered.
Was expecting it 2moro.
Or got d dates missed up.
Anyway, not complaining.
It's going to be a sweet weekend.

The cement escorted it too.

I got both sugar and cement too.

onegentleguy:


Relax my dear. ...there's absolutely no cause for alarm.
What if I tell you that GT did slightly better than ZENITH on more VPD in view of their YE, 2022 Nos?
What if I tell you that GT currently "carry a bit more value with it" than ZENITH? (MoS/RRM from FVE)

Both coys are ok, but I have a slight preference for one ahead of the other.

Again, PAT does not always tell the whole story.
Look beyond the SPL and consider deeply their SCF and BS position.

I currently do not hold any of the 2 at the moment but if I were to consider an entry, it would be a 60-40% fund allocation (portfolio weighting in view) in favor of GTB. (ahead of ZENITH)
...of course, using an appropriate trade set-up.

As with ZENITH, the match in div pay from previous year (for GT) might be management's deliberate strategy to calm any expected sell off that may have otherwise built-in from the drop in NPM.
Could also be a way of telling us that the banks growth trajectory could be sustained in 2023.
(Q1, 2023 Nos will give us a clue though)

No thanks to the many structural deficiencies in the system, these banks appear to have built themselves in a manner that gives them the needed shock absorber to take in these sought of loses. (impairments in view)

On the share price, I think that dividend hunters (div growth investors) might want to hold... perhaps until post ex-dividend.
I expect a drop in price thereafter.
Again, I think Q1 and possibly H1, 2023 Nos will to a large extent determine the share price movement.

We'll see how the market reacts to this.

VPD,MOS/RRM, SPL, SCF and BS position. Haba,
Oluwa mi ero. Show us lesser mortals some mercy

rahjan:

VPD,MOS/RRM, SPL, SCF and BS position. Haba,
Oluwa mi ero. Show us lesser mortals some mercy

I have highlighted many of these acronyms in time past.
These ones are even much more popular.

MoS- Margin of safety
RRM- Risk-reward margin
SPL- Statement of profit & loss
SCF- Statement of cash flow
BS- Balance sheet

Btw, I am also a learner like you... and quite possibly, an even lesser mortal.

Regards

rahjan:

VPD,MOS/RRM, SPL, SCF and BS position. Haba,
Oluwa mi ero. Show us lesser mortals some mercy

Hahaha. This man u re very funny

yMcy56:

Well, no one can boldly say anything o.
The more we look, the less we see .........someone like me can only be following the dictates of Mr. Market.

As at now, the stock is still on demand, anything can happen anytime.....

However, like some ogas said, TRANSCORP is undervalued at CP. It's for the extra patient ones.

Please how do you follow the dictates of Mr market

yMcy56:
*Modified*
GTCO declared N2.80k final dividend

Total Dividend for 2022 FYE = N3.10.
A good one.

onegentleguy:


I have highlighted many of these acronyms in time past.
These ones are even much more popular.

MoS- Margin of safety
RRM- Risk-reward margin
SPL- Statement of profit & loss
SCF- Statement of cash flow
BS- Balance sheet

Btw, I am also a learner like you... and quite possibly, an even lesser mortal.

Regards

What of VPD ? Vapor Pressure Density of some kind of energy or money ?

BabsO2:


What of VPD ? Vapor Pressure Density of some kind of energy or money ?

Are you by chance related to an OIIP industry?This your answer ehn..lol

Zagee:


Are you by chance related to an OIIP industry?This your answer ehn..lol

Which one is OIIP again. Aah

The one thing I almost never hear anyone talk about in this place is dividend growth rate! This is a secret sauce of wealth generation! Notable increases so far,

MTN 19%+

Zenith 3%+

GT 3%+

UBA 13%+

Okomu 30%+

Total 15%+

The big banks are slow with their dividend growth, but their starting yield is high! With growths like these, what you need as an investor is to be consistent with your investing and let time do the rest!

yMcy56:

Lol.
People no wan dull themselves again........
Just try and keep eye on the mvmt sha.

Please what's the best online, real-time platform to buy and sell shares? Thank you

Ades1:
The one thing I almost never hear anyone talk about in this place is dividend growth rate! This is a secret sauce of wealth generation! Notable increases so far,

MTN 19%+

Zenith 3%+

GT 3%+

UBA 13%+

Okomu 30%+

Total 15%+

The big banks are slow with their dividend growth, but their starting yield is high! With growths like these, what you need as an investor is to be consistent with your investing and let time do the rest!

True. For some years now, mtn has maintained a steady growth in PAT and Dividends.

emmasoft:


Everything has been upgraded. six years is a long time ago.

Oga Emmasoft so what are the current benefits trading with investment one. I really need to open one.
I'm sure switching broker is easy if not satisfied. Thanks

Kpboy1:


Oga Emmasoft so what are the current benefits trading with investment one. I really need to open one.
I'm sure switching broker is easy if not satisfied. Thanks

Just like any other Stockbroker, you only have the benefits of getting loans from them at 22% to 24% per annum which you can use for urgent personal issues or business without having to sell your investments

emmanuelewumi:



Just like any other Stockbroker, you only have the benefits of getting loans from them at 22% to 24% per annum which you can use for urgent personal issues or business without having to sell your investments

IOga Emma do you use them.Is thr loan charge the cheapest among the other brokers. Let me know if I should move .What is thr commission charge too

Kpboy1:


Oga Emmasoft so what are the current benefits trading with investment one. I really need to open one.
I'm sure switching broker is easy if not satisfied. Thanks

Like Pa Emma said he's correct. In addition, you get a very good service. The services have improved much after they spin off the mutual fund business. You will also have access to their research though you will still be required to do your due diligence.

I will personally be available to attend to you.
Please let me know when you are ready to open account so that you can use my code.

Thank you.

22.04%

That's the latest inflation figure from the NBS for March 2023

What does this mean? How is inflation rate determined? How does it relate with interest rate? What is real returns? How should the retail investor incorporate inflation in their investing?

These & more are expertly answered by Mr Robert Omotunde (Chief investing Officer, Afrinvest West Africa) in this new episode of the podcast

Thanks for listening.

https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy80ZWI5NzRjNC9wb2RjYXN0L3Jzcw/episode/Y2E0ZmRlZDQtZTcxZS00NDFlLTk2NTctMWVkNTE4MzhiZTk3?ep=14

Happy weekend everyone. Please what impact would the anticipated PP by Fidelity have on its share price? Kindly help a novice . Thanks in anticipation

DrAwo:
22.04%

That's the latest inflation figure from the NBS for March 2023

What does this mean? How is inflation rate determined? How does it relate with interest rate? What is real returns? How should the retail investor incorporate inflation in their investing?

These & more are expertly answered by Mr Robert Omotunde (Chief investing Officer, Afrinvest West Africa) in this new episode of the podcast

Thanks for listening.

https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy80ZWI5NzRjNC9wb2RjYXN0L3Jzcw/episode/Y2E0ZmRlZDQtZTcxZS00NDFlLTk2NTctMWVkNTE4MzhiZTk3?ep=14

Thanks for sharing

Ades1:



Market that daily movements up or down is capped at 10% is volatile? Are you a learner?

There's no need arguing with you. Study the last 20years growth trends of the Stock market for yourself and you will understand what is volatility. Am talking from experience because I invested in 2008 after the market crashed.

"To follow the path, look to the master, follow the master, walk with the master, see through the master, become the master" - Zen teachings

Very powerful message.

Erix1600:
The Nigerian Stock market is a very volatile investment channel. It favours only the super rich that are able to buy majority shares of a company. Before you invest in the stock market, I would advise you watch the movie titled "the wolf of wall street" and understand its intricacies.

I watched the movie nah, Jordan and his team made mad money by cunning people into buying bad stocks, especially dead penny stocks. It has nothing to do with volatility.

Those people in the movie were not even doing any TA or FA, just be buying stocks based on recommendations from the wrong people.

To make money in the market you need to do due diligence, whether TA, FA or with luck charms.

emmasoft:


Like Pa Emma said he's correct. In addition, you get a very good service. The services have improved much after they spin off the mutual fund business. You will also have access to their research though you will still be required to do your due diligence.

I will personally be available to attend to you.
Please let me know when you are ready to open account so that you can use my code.

Thank you.

Tell me the buy and sell percentage

Streetinvestor2:
Tell me the buy and sell percentage

Find attached

ositadima1:


.

This doesn't pass for volatility. First time I watched that movie alongside the BBC(Billionaire Boys Club) i got a kick in my brain matter. All I could see were possibilities borne out of impeccable creativity!!