Livestock Q1 2018!

http://www.nse.com.ng/Financial_NewsDocs/21880_LIVESTOCK_FEEDS_PLC._FINANCIAL_STATEMENTS_APRIL_2018.pdf

The loss continues. Am waiting for the english Ihedi will speak on this one.

Has anyone gotten alert for UBA dividend pls?

mendes911:
Livestock Q1 2018!

http://www.nse.com.ng/Financial_NewsDocs/21880_LIVESTOCK_FEEDS_PLC._FINANCIAL_STATEMENTS_APRIL_2018.pdf

The loss continues. Am waiting for the english Ihedi will speak on this one.

Jejebaba:
Has anyone gotten alert for UBA dividend pls?

Just got mine.

Ecobank Transnational Incorporated (Ecobank Group) Period ended 31 March 2018 Ecobank Group reports Profit before tax of US$111 m on Net revenue of US$465 m Gross earnings 2018 ($650 m or NGN 199 b) 2017 ($582 m or NGN 178 b) Profit before tax 2018 ($111 m or NGN 34 b) 2017 Profit before tax ($75 m or NGN 23 b) Profit for the year from continuing operations 2018 ($91 m or NGN 28 b) 2017 ($61 m or NGN 19 b) Profit for the year 2018 ($91 m or NGN 28 b) 2017 ($61 m or NGN 19 b) Basic Earnings Per Share 2018 ($0.31 cents or 96.0 kobo) 2017 ($0.21 cents or 63.0 kobo) Total assets 2018 ($22,407 m or NGN 6,837 b) 2017 ($20,441 m or NGN 6,262 b) Loans to customers 2018 ($8,943 m or NGN 2,729 b) 2017 ($9,222 m or NGN 2,825 b) Deposits from customers 2018 ($15,462 m or NGN 4,718 b) 2017 ($13,535 m or NGN 4,147 b) Total equity 2018 ($1,827 m or NGN 557 b) 2017 ($1,847 m or NGN 566 b)

The equity prices of three companies were adjusted today, 23rd of April, 2018 for dividend payments as recommended by their respective board of directors. Please see below for details: S/N Security Last Close Price Dividend Ex-div Price 1. Dangote Flour Mills Plc N13.60 N0.20 N13.40 2. May & Baker Nigeria Plc N2.80 N0.20 N2.60 3. Lafarge Africa Plc N45.95 N1.50 N44.45

pluto09:



Just got mine.

Thanks sir, Which bank are u using sir because i am using GTB?

LAFARGE AFRICA PLC UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2018 YTD MARCH 2018 YTD MARCH 2017 N'000 N'000 TURNOVER 80,642,656 81,310,510 COST OF SALES (62,641,940) (60,416,218) PROFIT BEFORE TAX (2,945,913) 9,446,052 TAXATION 944,029 (4,284,966) PROFIT AFTER TAX (2,001,884) 5,161,086 EARNINGS PER SHARE (K) (23) 92

A TOTAL OF 220,602,883 UNITS OF LAW UNION AND ROCK INS. PLC. WAS DONE AS AN OFF-MARKET TRADE TODAY, 23RD OF APRIL, 2018 AT N1.15 IN ONE DEAL. THE DEAL WAS A NEGOTIATED DEAL BETWEEN CORDROS SECURITIES LTD (SELLER) AND MERISTEM SECURITIES LTD (BUYER).

http://www.nse.com.ng/Financial_NewsDocs/21881_U_B_A_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

EPS: 67k

fxuser:


- in d near term
- a close above N27 at end of d week is decent towards a new month
- sit tight

Hurray, 27 naira zenith done and dusted. Oya to the next resistance level. Now well balanced in the boat, lets cruise and rock together.

Manonamission:
http://www.nse.com.ng/Financial_NewsDocs/21881_U_B_A_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

EPS: 67k

Wow, lets see what his Twin brother will drop

Manonamission:
http://www.nse.com.ng/Financial_NewsDocs/21881_U_B_A_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

EPS: 67k

Flat result.

Jejebaba:


Flat result.

yeah flat
if no improvement by mid year (i.e. still flat)
then final result might not be more than last year which cld also imply no growth in dividend payment (except dividend payout ratio is altered)

Net impairement loss on Loan & Receivables for banks is droping significantly.
Remember that this line item have been a major bleeding item for the banks.
2018 looks promising.

Fidelity bank where art thou @FY2017 audited report and Q1 2018 report. By this time, yet no result for the market? Ife nkea dikwa risky oo. Am tempted to start dumping you oo.

assumptions-1.I am a french guy. 2 i own 75% of lafarge. 3 in nse and the world in general,if a company declares loss the stock price declines. 4.i want to delist with minimal funds as compensation to minority holders.5.if i declare losses in just 2qs in a year,lafarge might get to 10naira.what stops me from taking this route?

Everything fell in lafarge, including asset. Net asset fell from 253 billion to 156billion. Hmm this confirms someone's assertion on this forum that management is stripping this company of its assets and using the carcass to collect loans. https://www.proshareng.com/news/Corporate-Results/WAPCO-Declares-N2.0bn-Loss-in-Q1-2018-Re/39638

gloriousdawn:
Net impairement loss on Loan & Receivables for banks is droping significantly.
Remember that this line item have been a major bleeding item for the banks.
2018 looks promising.

Why do you think some of us are buying fbnh and diamond. These banks took the highest impairments and suffered greatly in terms of price depreciation. They are set to enjoy some reprieve by way of reduction in provisions, write-backs and recoveries. These will also affect their share price.

gloriousdawn:
Net impairement loss on Loan & Receivables for banks is droping significantly.
Remember that this line item have been a major bleeding item for the banks.
2018 looks promising.

Dont shout hurray yet
wait until the results are audited (particular year end audit).
impairment are like bitter pills, u typically dont want to take it except if forced by an external stimuli (auditors / regulators)
so be cautious on the "promising outlook"

Mpeace:
Why do you think some of us are buying fbnh and diamond. These banks took the highest impairments and suffered greatly in terms of price depreciation. They are set to enjoy some reprieve by way of reduction in provisions, write-backs and recoveries. These will also affect their share price.

Negative surprises may not be over.
Thread with optimum caution.
Banks have a bad record for write backs..?

Jejebaba:


Thanks sir, Which bank are u using sir because i am using GTB?

Diamond

2zona:

Hurray, 27 naira zenith done and dusted. Oya to the next resistance level. Now well balanced in the boat, lets cruise and rock together.

Resistance may likely become support very soon.
The Zenithic journey may not be that fast. My only worry is that Zenith always form big boy too much to carry trouser for hand and pick race very fast like the younger ones.....

Mpeace:
Everything fell in lafarge, including asset. Net asset fell from 253 billion to 156billion. Hmm this confirms someone's assertion on this forum that management is stripping this company of its assets and using the carcass to collect loans. https://www.proshareng.com/news/Corporate-Results/WAPCO-Declares-N2.0bn-Loss-in-Q1-2018-Re/39638

Lafarge still far from being out of the woods yet...If it drops below N40 I might pick some tasere units anyway....

pluto09:




Diamond

Ok sir, thanks. Got mine as well

Teeonly:
http://www.nse.com.ng/Financial_NewsDocs/21874_ECOBANK_TRANSNATIONAL_INCORPORATED_FINANCIAL_STATEMENTS_APRIL_2018.pdf

Solid result. I think it is already priced into the current price.

Mpeace:
Bros, weep no more

Yeahh.
We global now.

Hope it lasts till thursday

Transcorp has started this non controlling interest rubbish, What could be the reasoning behind this, As the business starts becoming profitable, non controlling interest rears their ugly heads....Who else should be the non controlling interests other than the ordinary shareholders

Who has not gotten UBA dividend yet? My own never drop o.

PharmAlfred:
Who has not gotten UBA dividend yet? My own never drop o.

Got the alert 30mins ago.......quite heavy and sweet.....

Good day House please with the delistment of the shares of 7 UP PLC from the trading board of the NSE how can one dispose of the shares they already hold?

Any advise or pointers would be appreciated.