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

Oga mi. I never get ó. But I am not a shareholder of UBA. Please remember in your paradise when it eventually arrive

ukay2:


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

The dividend is HEAVY

Greetings fam, I plan to add wapco, intbrew, dangflour, afripud and mobil to my portfolio. The fundamentals of the first 3 are not encouraging. Sirs/Mas, what is your advice?

I am patiently trying not to be impatient.

I feel like loading Diamond bank but assumption is not a strategy

swilo:
I am patiently trying not to be impatient.

I feel like loading Diamond bank but assumption is not a strategy

Result is tomorrow

DonDraper:
Greetings fam, I plan to add wapco, intbrew, dangflour, afripud and mobil to my portfolio. The fundamentals of the first 3 are not encouraging. Sirs/Mas, what is your advice?

What is your investment strategy?
You seem to hv passed judgement already @the bolded?
Sure of your verdict?

OakPearl:


What is your investment strategy?
You seem to hv passed judgement already @the bolded?
Sure of your verdict?

Long term investment. I made the remark after i attempted to value them using the current PE, PEG and EPS.

Mpeace:
Result is tomorrow

So what should we expect? I have it in my portfolio

Thinkbigga:

So what should we expect? I have it in my portfolio

My brother I don't know oh. Ordinarily we should expect an excellent 2017 full year result due to sale of foreign assets, but that might not be the case. since this Dozie guy took over from oti, he has been pushing everything including dividends to provision/ impairment for bad loans. No body knows what he would do this time around. But I expect a fantastic q12018.
Fingers crossed

swilo:
I am patiently trying not to be impatient.

I feel like loading Diamond bank but assumption is not a strategy

'' . . I am patiently trying not to be impatient. ''

summary of my constant mode


#LovIt

Mpeace:
Result is tomorrow

Tomorrow never comes

NB and UBA dividends landed today. I use Ecobank

maishai:
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

Non-Controlling Interest didn't just start actually. You should expect it from companies that enter into joint venture agreements with other investors.
For example, we both start a company called 'Maishai-Mission'. We engage in the business of selling Tea and bread. Along the line, you came up with the idea of diversifying into noodle making too. I didn't have the financial muscle to pitch in but you (and some of your contacts, probably joint owners in our company) contributed 70% while Maishai-Mission (as a business) provided the balance. Accounts of both businesses (tea and noodles) are consolidated under Maishai-Mission.
NCI will show up in the accounts of Maishai-Mission.
The more the noodle business grows the higher the NCI rises.
This wouldn't have happened if Maishai-Mission raised the entire funds for the new venture either by way of rights or Private placement.
Transcorp, Oando, FO etc ventured into businesses that the parent companies couldn't singlehandedly raise capital for. An investment vehicle was created for such ventures. Other players came in.

PETERiCHY:

Like I always say the smart ones are busy leveraging on opportunities to make money while our online Sabinus keep arguing if it's a healthy company or not.

First and foremost ask yourself if the country you live and invested in is a healthy place.

Attention!!!!
TRANSCORP boarding gate is closed. fasten your seatbelt.
Our first stop over is 50% upside.

*ThE OcToPuS*

We are now cruising at high altitude of above $75 per barrel.

Remember 2018 is the GAME.

*ThE OcToPuS*

Teeonly:
http://www.nse.com.ng/Financial_NewsDocs/21894_SOVEREIGN_TRUST_INSURANCE_PLC_FINANCIAL_STATEMENTS_APRIL_2018.pdf

+500% jump !


#issorai

PETERiCHY:


We are now cruising at high altitude of above $75 per barrel.

Remember 2018 is the GAME.

*ThE OcToPuS*

oya e fun won legbegbe


#oil #Naira

lancee:
https://abokifx.com/news/nigeria-to-return-jp-morgan-s-index-soon-financial-watch

We don't need them.

wanaj0:


ALL vessels are important. It is all about utilisation rates and how they are deployed. There are TWO rigs permanently parked at Marina for over 4 years doing NOTHING. That's bad investment. OandO also has rigs that are not doing any work.

You do need tug boats for your offtake operations. If there are of the correct bollard pull then you are in business. I actually think that Japaul Tugs are on spot hire which is why the utilisation rate is poor.

Not many companies worldwide own oil trading tankers. That's the forte of companies like MISC

wey done Sir!

wanaj0:


We don't need them.

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.

You people keep looking for erros from some one why others are making more money if you don't have capital go and work for it now 2019/2020 i will make people rich by his GRACE . Brother livestock is good to have now .

ihedioramma:
You people keep looking for erros from some one, brother livestock is good to have now .

Pa Ihedi you still retain your buy position despite that result?? Na rock your followers go throw when their eye open

nio68:


Pa Ihedi you still retain your buy position despite that result?? Na rock your followers go throw when their eye open

The rock of OANDO ?

PETERiCHY:
We are now cruising at high altitude of above $75 per barrel.
Remember 2018 is the GAME. *ThE OcToPuS*

Hoping for a good time

Manonamission:


Non-Controlling Interest didn't just start actually. You should expect it from companies that enter into joint venture agreements with other investors.
For example, we both start a company called 'Maishai-Mission'. We engage in the business of selling Tea and bread. Along the line, you came up with the idea of diversifying into noodle making too. I didn't have the financial muscle to pitch in but you (and some of your contacts, probably joint owners in our company) contributed 70% while Maishai-Mission (as a business) provided the balance. Accounts of both businesses (tea and noodles) are consolidated under Maishai-Mission.
NCI will show up in the accounts of Maishai-Mission.
The more the noodle business grows the higher the NCI rises.
This wouldn't have happened if Maishai-Mission raised the entire funds for the new venture either by way of rights or Private placement.
Transcorp, Oando, FO etc ventured into businesses that the parent companies couldn't singlehandedly raise capital for. An investment vehicle was created for such ventures. Other players came in.

Agreed!
So what percentage will the joint venture be split? Won't it be stated?

Then read the notes to the financials and you will see the percentage for FO. You will see that the NCI has a stake in the power generation and distribution which is not up to 50% (47% and 43%). However, the percentage of the NCI to the PAT is more than 50%.

Anyway na night school I go, so I may be wrong.

fxuser:


+500% jump !


#issorai

Retained earnings had been in loss position for years.

Nonsense insurance.

stockish:
hoooooowwwww! Them no go kill me ooo

Brief summary

robobo:


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"

All banks are expected to make provision for NPL according to the guidlines, it is not a question of whether they like it or being forced.
What happened in some cases is, a bank may be compelled to take additional provision if the auditors / regulators have a different perception about a Loan / Receivable.