megawealth01:
World Bank Okays $1.57 Billion Loan For Nigeria

https://punchng.com/JUST-IN-World-Bank-okays-

megawealth01:


Help point another fish for big guys

Mpeace:
We watch how the market reacts. The result is not as good as last year. Lower PAT and lower eps compared to last year.
This is a "rights issue" influenced interim dividend.

I will still take GTCO and Zenith over UBA.

robobo:


Hello Chief, Please point me to where the derivatives losses are, i can only see the net trading and foreign exchange gain of 98,179

crownprince2017:
I hope this will not be one time off things.
I also hope tony will not collect the change on year end dividend.

Just thinking out loud.

Sunrisepebble:
All in due time my brother. For now let’s enjoy our current catch

Sunrisepebble:
Aradel owners Phase 2

pluto09:


Is aradel listed on the main bourse now?

Sunrisepebble:
All in due time my brother. For now let’s enjoy our current catch

Xidget:
UBA nice one. Chai I should have bought more at #21.9 but I was waiting for 20.9 that never came

megawealth01:


I'm happy for you. Congratulations

BabsO2:
Though UBA is currently more underpriced than Zenith or GTCO, its CBN mandated capital raise need to be priced closer to Zenith for several reasons.

In 2007 the public offer prices for the banks were
UBA N35.00 (rights was N34)
Zenith N38.90 (rights was N36.90)
FB N33.00 (rights was N31)
ACCESS N14.90
Fidelity N8:00
FCMB N14:00

2023 FY and 2024Q1 Book Values per share
UBA N57.37 & N73.81
Zenith N73.95 & N90.61
FB N47.88 & N52.53
ACCESS N42.34 & N **(looks lower than many quote)
Fidelity N13.67 & N14.6
FCMB N19.4 & N 22.62

Looking at earnings per share UBA, Access, Zenith and GTCO are competing strongly with Zenith in the lead and UBA attempting to drag position with GTCO. But I guess investors will place premiums on consistent dividend payout and growth. Zenith and GTCO are leading here.

KarlTom:
UBA seem to be delaying their DIV announcement until Zenith concludes their RI/PO.

I wonder what they'll do now that Zenith has extended their offer for 2weeks...

Yemy3m:
Confam. Tomorrow .get funds ready

Raider76:
Hope those on Ellahlakes bus are watching the market.

yMcy56:
UBA: Full bid @28.30....

CWG: Getting quite a lot of attention, unlike before.....
Better wan show?

DEAPCAP full bid @1.22...

What's driving Livestock? Is it in relations to FMN exit?

leparj:
Well done UBA.
U ve justified my offloading all my 7 digits holding in FBNH @N31.90 to add more units of UBA @ N23.95/24 to tk my UBA holding to over 3M. It was a total swap. One kobo I didn't take out.
Will even still chop that meagre 40k 2023 FY FBNH dividend (which I qualified for) whenever they are ready to pay it. Thank God for His grace. God is good.

megawealth01:


Blulaba is on the beat to help the economy

Sunrisepebble:
The market is really not responding to the FMN news the way I thought it would. Perhaps people think the #70 is a fair price

RodgersAkpafu:


you mean you are yet to receive your dividends for FBNH?

mikeapollo:


He would end up spending it on the contracts he has awarded to his cronies Chagoury and Chagoury

Princkez:
we dey...watching out for opportunity to pick more,no shaking

megawealth01:


I never receive as the fight is still on

Sunrisepebble:
The market is really not responding to the FMN news the way I thought it would. Perhaps people think the #70 is a fair price

Sunrisepebble:
The market is really not responding to the FMN news the way I thought it would. Perhaps people think the #70 is a fair price

Bbbwings:

Bought it more than 7months ago at 25naira