Crashing in progress...

My oga, Is there any specific date which one must sell to still qualify. Say the closure date is between 18 - 22 of July [/b]for instance and I've bought the stock since June. [b]If I sell the stock today 2oth of July, do I still qualify for the dividend and bonus declared?

Sir Intendy, Godisfaithful et al, Pls ur response

Godisfaithful:


As Sir Intendy stated, you will be qualify for the dividend (and bonus) and this depend on when you enter or bought the stock!

12:27PM
Morning session ends NEGATIVE with N75.34bn loss,

Thunderlicious:
http://www.nse.com.ng/Financial_NewsDocs/14295_LAFARGE_AFRICA__-_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

The company is liquid but not profitable at the moment..So, no need to press the panic button. However, considering the strategic acquisitions it has made so far, the coy is well positioned as a very strong competitor for Dangcem and good stock to invest in...From the abridged financials, the negative working capital means that it needs to improve on its debt recovery and reduce its stock holding period. There is also need to reschedule existing facility for favourable terms and conditions in order to bring down cost of funds and increase net asset value whilst management continues to work on achieving operational excellence and implement initiatives to cut costs. At any rate, the fundamentals remain strong and current slide in price provides ample opportunity for investors with medium to long term horizon to take advantage of as it might take another long years to see the price dropping to current level...However, please still do your DD as this is not a buy or sell reco.

locodemy on holiday mood ,,,,,,stock market meeenh ,,,,,O and O journey to @ 8 the house get very hot with warning here and there that who have no o and o in his portfolio will regret it O and O is closing to 5 at the moment

chai

watching those lion heart of skye bank with no result,,,,,,when some good bank are red heavily

Coolcash1:


The company is liquid but not profitable at the moment..So, no need to press the panic button. However, considering the strategic acquisitions it has made so far, the coy is well positioned as a very strong competitor for Dangcem and good stock to invest in...From the abridged financials, the negative working capital means that it needs to improve on its debt recovery and reduce its stock holding period. There is also need to reschedule existing facility for favourable terms and conditions in order to bring down cost of funds and increase net asset value whilst management continues to work on achieving operational excellence and implement initiatives to cut costs. At any rate, the fundamentals remain strong and current slide in price provides ample opportunity for investors with medium to long term horizon to take advantage of as it might take another long years to see the price dropping to current level...However, please still do your DD as this is not a buy or sell reco.

Thanks jor for taking time to do the needful for the benefit of the house.
Bro he be like say you be part of skyebank beneficiary na make u still get power to type.

Thunderlicious:
http://www.nse.com.ng/Financial_NewsDocs/14295_LAFARGE_AFRICA__-_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

fx losses can be very brutal add a slowing economy.
tough times

debeey87:
My oga, Is there any specific date which one must sell to still qualify. Say the closure date is between 18 - 22 of July [/b]for instance and I've bought the stock since June. [b]If I sell the stock today 2oth of July, do I still qualify for the dividend and bonus declared?

Sir Intendy, Godisfaithful et al, Pls ur response

with your example above ull get the dividend since it has been marked down already.

binaflexia:
Thanks jor for taking time to do the needful for the benefit of the house.
Bro he be like say you be part of skyebank beneficiary na make u still get power to type.

you are very funny. @Coolcash has Wapco in his portfolio. E no easy to do analysis when your portfolio dey red. Imagine somebody like Locodemy typing long analysis on a stock. For where him wan get that kind motivatation with the current O and O situation? Unless him na skye beneficiary like u said

Price Adjustment The equity price of ECOBANK TRANSNATIONAL INCORPORATED was adjusted yesterday 19th of July, 2016 for a dividend of N0.40 as recommended by the board of directors. The last close price was N13.70, hence the ex-div price N13.30 Please be guided accordingl

Thunderlicious:


you are very funny. @Coolcash has Wapco in his portfolio. E no easy to do analysis when your portfolio dey red. Imagine somebody like Locodemy typing long analysis on a stock. For where him wan get that kind motivatation with the current O and O situation? Unless him na skye beneficiary like u said

Like Fxuser says, forex losses is brutal in a slowing economy coupled with declining purchasing power of the common man. Even FG said no money for capital project. We hope for better days.

Thunderlicious:




abegeeee, how do we identify those with genuine information? until monkey hunters cause people to comit suicide before we learn our lessons abi? Saibuhari had first hand information but didn't distinguish his post from that of monkey hunters. his info on the twin reward (div + bonus) materialised but vitafoam didn't give 100% as he claimed (instead it retrogressed). Saibuhari is not a monkey hunter but a victim of circumstance and we miss him.

but @forbes30 and @bolabiyi are right. monkey hunting should be discouraged on this thread. @godlyguy should not be given a second chance to deceive gullible investors. I call on all those who are the founding fathers of this thread...Born2beRich, Stockbull, Pastor Ihedio, etc., to come out and protect newbies

You have said it all sir and i really appreciate the good works you and the rest are doing in ensuring monkey hunters are kept at bay. The only problem is distinguishing between monkey hunters and someone giving genuine info like you have rightly said. I have always voiced out against monkey hunting and will continue to do so.

O BNSITL, FREE FALL NO B SMAL

Thunderlicious:


you are very funny. @Coolcash has Wapco in his portfolio. E no easy to do analysis when your portfolio dey red. Imagine somebody like Locodemy typing long analysis on a stock. For where him wan get that kind motivatation with the current O and O situation? Unless him na skye beneficiary like u said

Bro not only loco oo. Have you seen megainvest today? fxuser just came out after a brief break.
Market is red on almost all fronts, only those enjoyin the skye ride are smiling.

Thunderlicious:


you are very funny. @Coolcash has Wapco in his portfolio. E no easy to do analysis when your portfolio dey red. Imagine somebody like Locodemy typing long analysis on a stock. For where him wan get that kind motivatation with the current O and O situation? Unless him na skye beneficiary like u said

I was trying to avoid talking about oxygen but this your post just pushed me.

Oando is a JIJO stock and once you have made little gain of 10%-20% na to pick race run because you dont know the next killer news that will crash this stock. Oga Proshare was a strong oando supporter and i can vividly remember him defending oando some years back on SMN...After last year tsunami, proshare has learnt his lesson and avoids posting any related news on this stock(mostly are just result or normal updates, nothing like grab oando while its hot ). Even our very own OcToPuS AKA Peterichy don learn im lesson for oando hand .. I wish anyone in the stock good luck because they will really need it now.
#jokeoftheyear

A lot of people want to get out of FO while a lot of people want to rush into skye bank. This NSE ehn.

Born2berich:
A lot of people want to get out of FO while a lot of people want to rush into skye bank. This NSE ehn.

Skye might take a break tomorrow

Abeg someone should help with open, high and low prices for FO. Is skye still on full bid? I am not connected at the moment. Thnk u.

Thunderlicious:
Abeg someone should help with open, high and low prices for FO. Is skye still on full bid? I am not connected at the moment. Thnk u.

Thank God for bnsitl in nsempa.
Nsempa helped me jump out of fo on time.

Thunderlicious:
Tigerbrand is getting ready to do move. this wan is next. DD as usual

I'm in and I call on those who missed SKYE to join me for at least 15% in 2wks or more.

Thunderlicious:
Abeg someone should help with open, high and low prices for FO. Is skye still on full bid? I am not connected at the moment. Thnk u.

No low no high and still on full offer.
Skye full 72.9M bid

binaflexia:
No low no high and still on full offer.
Skye full 72.9M bid

Thank u Sir

mercylicious:

Skye might take a break tomorrow

Not at all. Till monday

binaflexia:


Bro not only loco oo. Have you seen megainvest today? fxuser just came out after a brief break.
Market is red on almost all fronts, only those enjoyin the skye ride are smiling.

I'm here... Busy plotting my next move.

FYI: 1 year T bill priced at 16%

ihedioramma:
By GUN take am to #500 .

USD is now #380
While some people are busy chasing paper profit.

Born2berich:
A lot of people want to get out of FO while a lot of people want to rush into skye bank. This NSE ehn.

oga, na only FO? See transcorp...accross board..but no shaking..we will buy more..meanwhile, sky is a nice try..

fxuser:

FYI: 1 year T bill priced at 16%

Any news on the Auction stop rates yet?

PETERiCHY:


USD is now #380
While some people are busy chasing paper profit.

Mazi Peter, it is N368...