MTN competing with Penny Stocks for daily top gainers.

nmanya 33 agwoola yok ka abacha.

onegentleguy:


What a question !!
Are u looking to arrest him?

Yes boss to collect 2k unit of Nestlé from him. On a serious note to cast my vote for him since his Monica is not what will be mentioned.

RabbiDoracle:


Stop reading a report with a bottle of 33 on one hand!

43,792 you see is for 6 months and not 3 months. That was the half year result for 2018. To get the Q2 2018, just subtract Q1 2018( i.e N23b) from the N43.793b. This should give you around N20b as the second quarter 2018 PAT

onegentleguy:
To those selling off their healthy coys out of FEAR(over nothing), just know that u shall come for them with so much GREED in no time.
Worry not about those selling. Focus on those buying, and look out for why u should join them'.
This is NOT the time to SELL... this is the time to ACCUMULATE !! But remember to do a proper 'health check' to ascertain the 'why' before buying.

Remember:
"When the herds are 'running in or out of a place' within the market, watching ur back to COMPREHEND the reason for the run is twice as important as 'running with them', and just as important as sticking to a workable Investing STRATEGY.
...unless of course the target company was 'in the forefront of that run'."
~Sinclair

"In the stock market, SUCCESS is 1% what u have and 99% what u are.
...It's the product of what happens when u can continuously apply INSIGHT with running the race to EXCEL without let down."
~Sinclair

The time of reckoning shall commence and 'run at the pace of a cheetah' when U LEAST EXPECT IT !!
If I were u, I would be sleeping in the farm(NSE), planting all that needs to be planted NOW !!
But then again, I understand that advice when most needed is least headed.
...so maybe it's best to keep following ur instinct. After all, the Stock market needs a mixture of those who act in time, those who act on time, those who fail to act, those who didn't see the need to act and indeed those who know not why they ought to act... TO CONTINUE TO EXIST.
...for that's how the process of wealth transfer takes place.
But u do have a choice to choose what category to fall in.
A word they say is enough for the ... !!

It is well !!

This here, is also for those who's been sending me mails and private chats, asking me what they should do in a time like this.

Just a candid piece... but NOT to be infered as a perfect advise. Due diligence should still remain ur 1st priority.

yok:


Thanks.

The 43,792 was for 2nd Qtr 2018, only 3 months. You need to go and get the figures for 1st Quarter 2018, another 3 months and then add the 2 together. I have taken short cut as I was looking at the full analysis. Thus UBA will need to make about 38,863 to meet the 2018 half year figure.

Am sorry I can not help u my dear.
No further comment !!

RabbiDoracle:
nmanya 33 agwoola yok ka abacha.

Na so oo.. very nonsense registrar.. I no know why I no sell all that abacha stock..

Pa Emma!!!!

The bull has been sighted

We need to report all these wicked registrars to sec.. we need to tell them how they are frustrating us and using our money for fix deposits..

Dividend not paid 2 weeks after payment date should be paid with interest or deposited in an account controlled by sec and scs

There should be no more form filling cause these registrars are buying time with dividend form, signature specimen, bank stamp blah blah blah..

Yayira:
The bull has been sighted

The good old times are here again, regular post from Rabbioracle, sir wanajo, Pa Emma also sighted, "stone throwers be warned, kindly keep off"

Why all the stocks I get registrar com be unitedsecurities ooo chai.. which wahala be this for this new year !!
Shey we go begin check registrars before buy stocks now
I’ll be scared to buy A stock with 10% dividend yield because of some registrars

At about 9:30am I successful place my order and was able to see my bid at number 20+ in the list today, and at about 50 million bid, unlike before I don't see it at all, this show that before the end of this week mtn will be available and ordinary shareholders can get it. Other stocks will still go down this week, by next week stocks will pick up, after people might have jump into mtn and start jumping out.

Please, if I sell my UACN tomorrow, will I still be entitled to dividend payment?

RabbiDoracle:
Stop reading a report with a bottle of 33 on one hand!

sky2891:
Please, if I sell my UACN tomorrow, will I still be entitled to dividend payment?

YES

https://trwstockbrokers./2019/05/20/ngse-off-market-deals/

https://trwstockbrokers./2019/05/20/ngse-off-market-deals/



BY NGSE,
A TOTAL OF 16,260,100 UNITS OF MTN NIGERIA PLC WERE DONE DD. 17/5/2019 AT N125.00 IN NINE DEALS. THE DEALS WERE NEGOTIATED DEALS BETWEEN STANBIC IBTC STOCKBROKERS AS BOTH BUYER AND SELLER.

MTNN chaser

RabbiDoracle:
nmanya 33 agwoola yok ka abacha.

You will not kill one with laughter

phemmie06:
Yes boss to collect 2k unit of Nestlé from him

You can only get 200k of STI and if he's the generous type, you'll get 1M units of Afrinsure.

Mcy56:

You can only get 200k of STI and if he's the generous type, you'll get 1M units of Afrinsure.

Haba aunty, I am not a self centered person. Moreover large volume de scared me that is why I even prefer 10mb worth of data in a month

Olajide Owolabi

Princkez:
what's ur full name...because i will be there tomorrow

Agbalowomeri:


I will see more value at 4.5

Lol! This Oga, we think alike sha.

Agbalowomeri:


Nothing new
Eye go clear soon

Agba said it!

RabbiDoracle:


I agree with you on the capital flight conspiracy.

Where I don't agree with you is that even if stock falls, whether companies will revaluate their Dividend yields. Fall in the stock market has no effect on the top and bottom lines of companies.

BTW, why STANBİC was not part of the participating banks in the N200b loan?

Hahahahaha. That is a very important question.

PETERiCHY:


Remember TONY is an EXECUTIVE CHEF

Hahahahahahahaha

Una no go kee person sha.

jideflash:
Olajide Owolabi

already on my way.....

Already at civic centre...

Princkez:
Already at civic centre...

Ha.oboy na u open d gate!!

On May 16th the Nigerian Stock Exchange welcomed a big elephant into the bourse. MTN with a market cap of about N1.8 trillion was expected to inject positive activity and attention for the stock market badly in need of one.

Three days later and it is doing the exact opposite. Investors are frustrated because they cannot lay their hands on the stock and stockbrokers are reeling because buy or sell losing a huge opportunity to earn some fees. Of all the people seething from the MTN listing, another group and perhaps the former king of the blocks may have a lot more to complain about.

FUGAZ Performance since MTN Listing
Date FBNH UBA GT Bank Access Zenith
May 20th 2019 7.0 6.0 30.4 6.1 19.7
May 17th 2019 7.0 6.0 30.6 6.5 19.6
May 16th 2019 7.0 6.0 31.0 6.5 19.6
May 15th 2019 7.3 6.0 31.6 6.8 20.0
May 14th 2019 7.3 6.2 31.6 6.8 20.0
May 13th 2019 7.5 6.0 31.0 6.7 19.7
May 10th 2019 7.3 6.5 32.0 7.1 20.0


FUGAZ get toasted: Nigeria’s top 5 banks, FBN, UBA, GT Bank, Access Bank, and Zenith Bank have collected borne the brunch of MTN’s listing. Since the 16th, all 5 stocks have either lost or stayed relatively flat. Investors are not just interested in paying a sizeable premium for the stocks not with MTN in town. Some market analysts believe investors are offloading their positions to get liquidity to invest in MTN. Though there is no evidence to support this, the reasoning is not far fetched.

Optics: MTN listing was supposed to be a blessing for the Nigerian Stock Market. The government essentially forced the company to list hoping this will be a form of booster for a dying market and more importantly have Nigerians share in a part of the cookie jar called MTN profits. As it seems, that is not happening and investors view the whole listing in a negative light. The more investors get irritated and frustrated about not being able to buy these shares the dire the outlook for the stock exchange will be for everyone. Already, social media is agog with people pouring out their frustration with claims that the stock market still can’t be trusted.

What next FUGAZ: FUGAZ are trading at PE ratios of about 4x on the average compared to MTN’s 12x. Its market value may continue to fall in the next coming weeks as investors get more wary about a market they’ve come to loathe. Banks and the wider stock exchange may have to look towards the earnings season for another glimmer of a bounce. For now, they’ll have to be bear (no pun intended) their bearish situation for some more days if not weeks.

onegentleguy:


This here, is also for those who's been sending me mails and private chats, asking me what they should do in a time like this.

Just a candid piece... but NOT to be infered as a perfect advise. Due diligence should still remain ur 1st priority.

Please whats your email