rationalmind:


Fine result, may not be sustainable though going by Q1.

What's your fair price biko, mine is around 200% discount

cc:Mcy56 (Insurance food don land )

It is sustainable actually.

Linkage Assurance owns almost 12% of Stanbic IBTC Pension Managers which makes up the bulk of it's value.

Stanbic Pension Manager's will pay Linkage N2.5186 bn as dividend for 2017 which will reflect in the 2018 results. Stanbic is the market leader in the Pension Administration space and any body that buys linkage is indiirectly buying Stanbic Pension Manager's at a discount.

FBN
- rejecting below n12 post div , SP maintains above 50 dma

Zenith
- breaking above N27.50 on vol

Mcy56:
Any fair price based on the result? Please share.

Around #2.80k... wait for CPs FP, na that one dey move market

veritasKap still rising. +62% in less than 3 wks

rationalmind:
Around #2.80k... wait for CPs FP, na that one dey move market

Is that so?
CP no dey put eyes for such stocks na. Maybe another oga-on-top can help out.

currentprice:

^
^^
with your over 10 years experience in the mkt, you still asking the newbie question

vv
v

But it is possible na...........I know people with 20+ years on NSE who don't know how to get involved with online trading.

Still calling broker and all in 2018

NoMoney:


It is sustainable actually.

Linkage Assurance owns almost 12% of Stanbic IBTC Pension Managers which makes up the bulk of it's value.

Stanbic Pension Manager's will pay Linkage N2.5186 bn as dividend for 2017 which will reflect in the 2018 results. Stanbic is the market leader in the Pension Administration space and any body that buys linkage is indiirectly buying Stanbic Pension Manager's at a discount.

Thanks egbon

Yes, you are correct Sir. But it now depends on what the the management now decides to do with the largesse from the dividend income received from its investment in StanbicIbtc Pension Managers. Watch out if they are spending it on acquisition of motor vehicles for the management , payment of bogus salaries and bonuses etc. Bayelsa Government has too much stakes in the Company. the day they finish chopping the coy finish the directors will just transfer 12% holdings in Stanbic Ibtc Pension Mnaagers to themselves.

NoMoney:


It is sustainable actually.

Linkage Assurance owns almost 12% of Stanbic IBTC Pension Managers which makes up the bulk of it's value.

Stanbic Pension Manager's will pay Linkage N2.5186 bn as dividend for 2017 which will reflect in the 2018 results. Stanbic is the market leader in the Pension Administration space and any body that buys linkage is indiirectly buying Stanbic Pension Manager's at a discount.

rebekah2011:
Yes, you are correct Sir. But it now depends on what the the management now decides to do with the largesse from the dividend income received from its investment in StanbicIbtc Pension Managers. Watch out if they are spending it on acquisition of motor vehicles for the management , payment of bogus salaries and bonuses etc.

They put the dividend received in 2017 into Tbills buying N3bn worth of Tbills which falls under other financial assets.

They also have a listed equity portfolio of N4bn while the Pension manager stake is worth 11bn.
From all indications they did not waste the funds and they have the fire power to make some strategic investments for example, the dividend they receive in 1 year can buy a 5% stake in a tier two bank.

Please note that besides the dividend from Stanbic, the value of the linkage increases as the value of Stanbic PM increases.

A stock for the future.

NoMoney:


They put the dividend received in 2017 into Tbills buying N3bn worth of Tbills which falls under other financial assets.

They also have a listed equity portfolio of N4bn while the Pension manager stake is worth 11bn.
From all indications they did not waste the funds and they have the fire power to make some strategic investments for example, the dividend they receive in 1 year can buy a 5% stake in a tier two bank.

Please note that besides the dividend from Stanbic, the value of the linkage increases as the value of Stanbic PM increases.

currentprice:

^
^^
with your over 10 years experience in the mkt, you still asking the newbie question

vv
v

Maybe he has been sending mandates

Sterling Bank Vows to Deliver Superior Returns to Shareholders
https://www.businesspost.ng/2018/05/10/sterling-bank-vows-to-deliver-superior-returns-to-shareholders/

MTN Targets N400b Bond Sales in 2018
https://www.businesspost.ng/2018/05/10/mtn-targets-n400b-bond-sales-in-2018/

Jaiz Bank Targets 11.22% Growth in Return on Equity by 2022
https://www.businesspost.ng/2018/05/10/jaiz-bank-targets-11-22-growth-in-return-on-equity-in-2022/

currentprice:

^
^^
with your over 10 years experience in the mkt, you still asking the newbie question

vv
v

badt guy...

Mcy56:
Those who buy Fidelity at 2.50 today will be getting free money as dividend. *Just thinking aloud*

Was there qualification n markdown dates??

TLAX:


badt guy...

Not a matter of badt guy.I use a broker to buy fundamentally sound stocks(analog) and I use online platform to buy sentimental stocks without fundamental(digital).Its not even up to a year I started using the platform and I invest small money in the online while I invest heavily in the analog.I will advice one to secure his money with an old broker that has the ability to meet capitalization issues when the need arises.

currentprice:

^
^^
with your over 10 years experience in the mkt, you still asking the newbie question

vv
v

Give me small credit na,, I no be newbe again o!!!!!!

http://www.nse.com.ng/Financial_NewsDocs/22276_UNION_HOMES_REAL_ESTATE_INVESTMENT_TRUST_(REIT)_CORPORATE_ACTIONS_MAY_2018.pdf

CCNN though

Is this the season UBA finally waves ACCESS bye bye purely based on numbers?
#HatsOn

Its so cold in here

Krisuba:
Was there qualification n markdown dates??

Qualification date is the date for closure of register and only the names that appear in the register as at COB that date will be paid (dividend) while the markdown date is the date the dividend is deducted from the share price, usually the next working day as soon as market opens.

In the case of Fidelity: Qualification date is 11th May, 2018 and Markdown date is 14th May, 2018.

Me na learner o.

rationalmind:
CCNN though

27.05 on full bid..

currentprice:

^
^^
with your over 10 years experience in the mkt, you still asking the newbie question

vv
v

See as oga don break head

Yayira:


27.05 on full bid..

Maybe it's another FO loading

Yayira:



27.05 on full bid..

Over N2b worth traded.

I give you hand!!!

Mcy56:

Qualification date is the date for closure of register and only the names that appear in the register as at COB that date will be paid (dividend) while the markdown date is the date the dividend is deducted from the share price, usually the next working day as soon as market opens.

In the case of Fidelity: Qualification date is 11th May, 2018 and Markdown date is 14th May, 2018.

Me na learner o.

Learner? And you dey answer Jamb kwesion?

Continue to lie.

OakPearl:
Is this the season UBA finally waves ACCESS bye bye purely based on numbers?
#HatsOn

Were they mates before?

DaV8King:


But it is possible na...........I know people with 20+ years on NSE who don't know how to get involved with online trading.

Still calling broker and all in 2018

Then they may be advanced in age. >50 years

CCNN ehhhh.............it's really wanting to show it is severely undervalued.

Even at N27.03 full bid price, there is still a 50% upside before it reaches WAPCO.

As for dragging with Dangcem, never say never but for now it's unlikely.

Yayira:



Maybe he has been sending mandates

Or he walks to the office to fill his mandates.

Technology don help ooo.

RabbiDoracle:


Then they may advanced in age. >50 years

Correct

rationalmind:


Maybe it's another FO loading

Ok oo.. be waiting for pullback