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Nigerian Stock Exchange Market Pick Alerts - Investment (7948) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:15pm On Aug 04
From my record j got dividends from Presco on 5th October 2023 and 20th November 2023, while I got the final dividend for the business done in 2023 on the 6th of June 2024
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:17pm On Aug 04
Agbalowomeri:


So does that mean they paid interim twice last year?


I think so.

That is why it is good to have a record of the dividends earned
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 6:20pm On Aug 04
Agbalowomeri:


So does that mean they paid interim twice last year?
From what I can remember the #2 was extra money for last Yr when the money became too much...lol

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:20pm On Aug 04
emmanuelewumi:



I think so.

That is why it is good to have a record of the dividends earned

No
I just confirmed that 8.8B was total for 2022
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:22pm On Aug 04
IamR:
Presco


N6.80k was earlier paid on the 3rd of October 2023.

The second interim dividend of N2.00 was paid 6 weeks after the first interim dividend

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:25pm On Aug 04
Agbalowomeri:


No
I just confirmed that 8.8B was total for 2022


Total dividend for 2023 was over N23.00. The final dividend which I got was roughly N14.00 per share.

It was paid on the 6th of June 2024
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:27pm On Aug 04
emmanuelewumi:



Total dividend for 2023 was over N23.00. The final dividend which I got was roughly N14.00 per share.

It was paid on the 6th of June 2024

Okay o na una be shareholders
Make una share reach this side😂

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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:32pm On Aug 04
Agbalowomeri:


Okay o na una be shareholders
Make una share reach this side😂


At Agba for your perusal

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 6:37pm On Aug 04
emmanuelewumi:



At Agba for your perusal

But it contradicts the N14 you posted Lol
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:42pm On Aug 04
Agbalowomeri:


But it contradicts the N14 you posted Lol


I was topping it up every month. I got huge dividend in June and made a mistake in calculating the actual dividend per share. But I was sure that the total dividend for the year was over N24 per share
Re: Nigerian Stock Exchange Market Pick Alerts by Dathypebruv(m): 6:46pm On Aug 04
Agbalowomeri:


We move like tortoise here o
Some people here fit no trade for 3 months. So na for you to drink cold water and observe men for a couple of months

Yeah, used to follow back in 2022 but wasnt focused enough. Started using bamboo to practice but left for trading forex.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:52pm On Aug 04
Dathypebruv:


Yeah, used to follow back in 2022 but wasnt focused enough. Started using bamboo to practice but left for trading forex.



Be focused and be consistent for the next 10 years you might be lucky to start earning dividends that will be close to your annual salary or annual profit from your business although the ideal time this can happen is when you have been focused and consistent for 18 years and above

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 6:54pm On Aug 04
Both of you may be right
2+6.8==₦8.8==>Interim (2023)
24.3==₦24.3==>Final
(paid in 2024)

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:56pm On Aug 04
Bagwa:
Within 7 days coming

Please drop a notification here when the news is released so we can consider and do the needful if the news causes the desired effect
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:56pm On Aug 04
chimex38:
Both of you may be right
2+6.8==₦8.8==>Interim (2023)
24.3==₦24.3==>Final
(paid in 2024)



Seriously, that is a total dividend of about N33 for 2023 financial year
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:00pm On Aug 04
chimex38:
Both of you may be right
2+6.8==₦8.8==>Interim (2023)
24.3==₦24.3==>Final
(paid in 2024)

The N6.8 is for 2022 year end jare. No mind Pa Emma
Re: Nigerian Stock Exchange Market Pick Alerts by Dathypebruv(m): 7:01pm On Aug 04
emmanuelewumi:




Be focused and be consistent for the next 10 years you might be lucky to start earning dividends that will be close to your annual salary or annual profit from your business although the ideal time this can happen is when you have been focused and consistent for 18 years and above

thanks man, appreciate !
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:14pm On Aug 04
Agbalowomeri:


The N6.8 is for 2022 year end jare. No mind Pa Emma


N6.80 was the final for 2022.


The interim was N2.00 and final dividend of N24.30k for 2023 making a total dividend of N26.30k for the year

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:20pm On Aug 04
emmanuelewumi:



N6.80 was the final for 2022.


The interim was N2.00 and final dividend of N24.30k for 2023 making a total dividend of N26.30k for the year

So don't expect more than N5 interim
Re: Nigerian Stock Exchange Market Pick Alerts by Mirallas: 7:46pm On Aug 04
BullBearMkt:

...very possible. However, you need to consider volatility and brokage commissions
grin grin grin grin grin
Can you recommend any good broker that I can use please
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:48pm On Aug 04
Agbalowomeri:


Okay o na una be shareholders
Make una share reach this side😂
grin
Re: Nigerian Stock Exchange Market Pick Alerts by zenith2k9: 7:58pm On Aug 04
Is Presco a good buy at the current price?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:00pm On Aug 04
zenith2k9:
Is Presco a good buy at the current price?

Dem don do you monkey hunting 😂
Re: Nigerian Stock Exchange Market Pick Alerts by zenith2k9: 8:09pm On Aug 04
Agbalowomeri:


Dem don do you monkey hunting 😂

Which one be monkey hunting please?
Re: Nigerian Stock Exchange Market Pick Alerts by IYGEAL(m): 8:30pm On Aug 04
Streetinvestor2:
From what I can remember the #2 was extra money for last Yr when the money became too much...lol

grin
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 9:13pm On Aug 04
Presco dividend history

3 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:17pm On Aug 04
Agbalowomeri:


So don't expect more than N5 interim
I wish they go pay just #2 or nothing so that it will come back to #350 make I still buy my afolabi units. I am still interested in buying some more.Na that stock go be my own saplet of the future not oando as some are saying.
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 9:28pm On Aug 04
Bank mgt to announce position on windfall tax on Monday 12th of August.

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:04pm On Aug 04
BabsO2:
Bank mgt to announce position on windfall tax on Monday 12th of August.

Gidigbo gidigbo
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:27pm On Aug 04
grin
BabsO2:
Bank mgt to announce position on windfall tax on Monday 12th of August.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:31pm On Aug 04
Agbalowomeri:


The N6.8 is for 2022 year end jare. No mind Pa Emma
Oh ok.. seems so.
You're right
Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 10:34pm On Aug 04
https://nairametrics.com/2024/08/04/analysis-bua-foods-first-half-2024-results-a-mixed-bag-for-investors/

Impressive revenue growth amid cost pressures:
BUA Foods reported a 110% year-on-year revenue increase, reaching N672.3 billion in the first half year of 2024 compared to N320.9 billion in 2023. This also accounts for about 92% of the 2023 full-year revenue figure.

However, this robust revenue growth came at a cost. The cost of sales rose by 141% to N453.90 billion, driven by higher raw material and energy costs.

The devaluation of the Naira against the US Dollar further exacerbated these input costs, squeezing profit margins. Consequently, the gross profit margin fell by 890 basis points to 32.4% from 41.3% in the same period last year.
This decline in the gross profit margin shows that even though the company generated more revenue, a larger portion of that revenue was consumed by increased costs, leading to reduced profitability.

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