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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11445739 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 9:10am On Apr 09 |
dipoolowoo: This first one about GSK na old news ooo. We don chop that money finish since dey wait to see if another will follow. It came as dividend 48, so this may be addition. ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:19am On Apr 09 |
9free: Negative growth all banks next year Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 9:32am On Apr 09 |
thebargainhunte: Ok. |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 10:16am On Apr 09 |
It's raining dividend ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 10:17am On Apr 09 |
Agbalowomeri:Uncle Agba, mbok how do WE handle GTB from now on as them plays us KaLokolo with dividend |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:23am On Apr 09 |
Mfunkynation: I am waiting for the bottom in November π You know I like yanshπππ |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:51am On Apr 09 |
Dollars pour into Nigeria at fastest clip in five years https://businessday.ng/business-economy/article/dollars-pour-into-nigeria-at-fastest-clip-in-five-years/ |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:16am On Apr 09 |
OANDO The 2022 Audited Financial Statements of Oando PLC have now been finalized and approved by the Board on Monday, 8th of April 2024 and will be sent to the Financial Reporting Council of Nigeria immediately for regulatory approval, prior to their release to the market. The interim results for 2023 will also be released to the market soon after the 2022 Accounts are published. Having approved the 2022 Audited Financial Statements, the audit of the 2023 AFS has now commenced, and the Company is committed to ensuring that the 2023 AFS is published on or before July 31, 2024. https://doclib.ngxgroup.com/Financial_NewsDocs/40881_OANDO_PLC-OANDO_PLC__CORPORATE_ACTIONS_APRIL_2024.pdf 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:53am On Apr 09 |
thebargainhunte: Uncle Tony is indeed doing very well. He should please ensure the dividends stay up and never fall. Come September he should pay not less than 50kobo interim. Only Zenith currently exceeds UBA book value per share. That is so good. For those who averaged down well on UBA they will start earning 100% what they invested in UBA as dividend every year. |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 12:10pm On Apr 09 |
Flour Mills Sells N48bn Commercial Paper to Capital Market Investors https://businesspost.ng/economy/flour-mills-sells-n48bn-commercial-paper-to-capital-market-investors/ NASD OTC Exchange Plunges 2.90% on Aradel Holdings Sell-Off https://businesspost.ng/economy/nasd-otc-exchange-plunges-2-90-on-aradel-holdings-sell-off/ Naira Appreciates to N1,230/$1 at NAFEM, N1,220 at Black Market https://businesspost.ng/economy/naira-appreciates-to-n1230-1-at-nafem-n1220-at-black-market/ GTCO Grows Net Profit by 218.9% in FY23, Declares N2.70 Final Dividend https://businesspost.ng/banking/gtco-grows-net-profit-by-218-9-in-fy23-declares-n2-70-final-dividend/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 12:12pm On Apr 09 |
Oando dey give high BP yet I still have the conviction to keep accumlatin it. The same conviction that caused the high B,p ooo. g ote author=BabsO2 post=129344937]OANDO The 2022 Audited Financial Statements of Oando PLC have now been finalized and approved by the Board on Monday, 8th of April 2024 and will be sent to the Financial Reporting Council of Nigeria immediately for regulatory approval, prior to their release to the market. The interim results for 2023 will also be released to the market soon after the 2022 Accounts are published. Having approved the 2022 Audited Financial Statements, the audit of the 2023 AFS has now commenced, and the Company is committed to ensuring that the 2023 AFS is published on or before July 31, 2024. https://doclib.ngxgroup.com/Financial_NewsDocs/40881_OANDO_PLC-OANDO_PLC__CORPORATE_ACTIONS_APRIL_2024.pdf[/quote] 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 12:40pm On Apr 09 |
Retained earnings of Tier 1 banks in π³π¬ based on latest filings Zenith N1.8 trillion UBA N918.8 billion Access N715 billion First Bank N609 billion GT N580 billion Β© Olamide Adesina |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:00pm On Apr 09 |
Ibrahim505:I wonder why gtb sells higher than zenith. Forget about the whole OS thing. |
Re: Nigerian Stock Exchange Market Pick Alerts by leparj(m): 1:12pm On Apr 09 |
Ibrahim505: I see First Bank here. Is their result also out. |
Re: Nigerian Stock Exchange Market Pick Alerts by alfajohn: 1:36pm On Apr 09 |
Wema bank has declared 50k dividend. Please does anyone here have an idea about the rights issue and if they will be beneficiary of the declared dividend. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:42pm On Apr 09 |
Zenith 1.18 TN Ibrahim505: |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:50pm On Apr 09 |
Ibrahim505: You are overstating Zenith retained earnings. Zenith is not double of UBA, but above by a small amount. The correct Numbers are Zenith N 1.18 Trillion UBA N 0.92 Trillion Access N 0.72 Trillion First Bank N 0.68 Trillion *** Unaudited Full Year numbers GT N 0.58 Trillion |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:52pm On Apr 09 |
You just echoed my thoughts. I've spent a couple of hours perusing the AFS of both Coys and the more I look, the less I seem to understand. Some differing metrics: Net interest income GTHC 436.6bn Zenith 736.1bn PAT GTHC 539.6bn Zenith 676.9bn Can anyone she'd come light on this? Thank you ![]() Mpeace: |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 1:54pm On Apr 09 |
leparj: First Bank Full year Audited is not out. But the Full year unaudited was released in January. |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:00pm On Apr 09 |
KarlTom: Zenith has more expenses than GT. Zenith reported 8,165 employees, while GT reported 5,487 employees. Perhaps due to more branch network. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:50pm On Apr 09 |
I think GTCO is more prudent in the management of their resources (or maybe they are stingy ![]() GTCO spent 45.097bn on employees while Zenith spent 124.415bn. The bolded is also a factor... Zenith. 393 branches and GTCO. 235 branches. Thanks for the input... ![]() BabsO2: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:08pm On Apr 09 |
BabsO2: ![]() ![]() ![]() ![]() Let me guess, you are well-invested in UBA. When did 26 billion become a small amount? LOL #teamzenithbank 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 3:35pm On Apr 09 |
BabsO2: These are sentimental analysis. What about their incomes and when you factor their costs out from their incomes. We are talking about profit here. Would you choose to have less employee and post less profit than to have higher employees and post superior profits. What you should consider is what you see at the bottom line What is the earning reports of both banks. Their EPS should be important to you as a shareholder 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 4:02pm On Apr 09 |
unite4real: Look at the original question. The answer was address it. I think you are imaging/answering additional questions, which is fine. Ask your questions ![]() There are various investment ratios and considerations an FA investor will calculate and ponder on. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 4:05pm On Apr 09 |
ositadima1: You even reduce the gap further. Thanks ![]() N260b difference That's 22% of Zeniths number. Not small ![]() 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Babynerd: 4:40pm On Apr 09 |
BabsO2: As in, I'm still shocked that l saw UBA hovering a little above N8 last year. |
Re: Nigerian Stock Exchange Market Pick Alerts by chipa: 5:46pm On Apr 09 |
Babynerd:The market will reprice UBA . Even the closing price on Monday was still underpriced. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 6:08pm On Apr 09 |
chipa:The market should be careful oh. Banking stocks might not maintain the same level of profit/gains. But CBN no try sha Them for just allow banks pay us dividends anyhow they feel. 21naira eps for pay like 5naira dividend or more. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by DrAwo(m): 6:21pm On Apr 09 |
KarlTom:For banks, forget the income statement... Focus on the balance sheet... That's where the real gold is... Compare the assets and equity of all the banks. Then look at how much profits they are generating from those assets and equity. You'll see one reason why GTCo is priced at a premium to other banks... 6 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by chipa: 6:27pm On Apr 09 |
Mpeace:I can feel you. As long as that revaluation which was done at 1$ to N1000 is stored in a reserve the banks will still make profit. Imagine when UBA uses their reserve for debts instrument like Treasury bill at 22% and interest on loan at 35% plus other sources of income. The CBN was trying to be cautious to prevent systemic failure but I believe this has come to stay. Watch out for their 1st quarter financial report when it will be revaluated at 1$ to N1,300. Expect more surprises from the banks. My only advice is don't sell your bank stocks until after celebrating the first quarter results. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 6:59pm On Apr 09 |
N3.50 final year dividend is a good one from Zenith Bank! I have never regretted my regular buying of Zenith Bank shares. Mr Jim Ovia is surely the backbone of Zenith bank.π 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 9:23pm On Apr 09 |
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