Zenith.

http://www.nse.com.ng/Financial_NewsDocs/29133_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

N2.50

http://www.nse.com.ng/Financial_NewsDocs/29133_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

This explains the recent volumes in Zenith

At last AIICO crossed One Naira.

mendes911:
Zenith.

http://www.nse.com.ng/Financial_NewsDocs/29133_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

N2.50

So Jim Ovia wasn't the one selling and it was't either of the directors too. No wonder there was no PDMR statement....

mendes911:


So Jim Ovia wasn't the one selling and it was't either of the directors too. No wonder there was no PDMR statement....

Some of the directors actually increased their holdings...

EKkuu mkt o

pluto09:



Some of the directors actually increased their holdings...

I noticed that. I was more interested in decrease in shareholdings.

Maybe they have other hidden accounts that are not reflected on the financial statement.

pluto09:



Some of the directors actually increased their holdings...

I have seen it. One entity left the 1B Units and above group between 2018 and 2019. And that entity sold about 2.8 billion units.......

@ Mercy

try to always stick to your opinion na. it is opinion whether right or wrong sister why deleting post afterall u made good suggestion/opinion on your ucap post, no stock can continue gaining for ever in respect of any results, profit taken must happen in btw. we dont charge or reward for wrong/right opinion here. abeg post ur opinion and leave it

u be lady true true

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29134_ZENITH_BANK_PLC_CORPORATE_ACTIONS_FEBRUARY_2020.pdf

This people should go and sit down. I was even expecting like N2.80 dividend. Same as last year. Not sexy.

Madam has become a strong voice here. Some people are following her advice tips like 5 and 6. She does not want to hear that she misled anyone.

currentprice:
@ Mercy

try to always stick to your opinion na. it is opinion whether right or wrong sister why deleting post afterall u made good suggesting/opinion on your ucap post, no stock can continue gaining for ever in respect of any results, profit taken must happen in btw. we dont charge or reward for wrong/right opinion here. abeg post ur opinion and leave it

u be lady true true

OBAGADAFFI:
At last AIICO crossed One Naira.

Looks like it would do another full bid today

12.5% dividend yield is not bad ooooo. next year if the performance is repeated then the cost would have dropped to 17.5 and before 5 years your Zenith will cost you less than 7 naira

Lion123:


This people should go and sit down. I was even expecting like N2.80 dividend. Same as last year. Not sexy.

rebekah2011:
12.5% dividend yield is not bad ooooo. next year if the performance is repeated then the cost would have dropped to 17.5 and before 5 years your Zenith will cost you less than 7 naira

GTB will most likely pay lower than Zenith!

Yes. But both will present good entry price for new investors

mendes911:


GTB will most likely pay lower than Zenith!

Lion123:


This people should go and sit down. I was even expecting like N2.80 dividend. Same as last year. Not sexy.

Guy, what's your problem. 12.5% not sexy in this prevailing economic climate?

rebekah2011:
Madam has become a strong voice here. Some people are following her advice tips like 5 and 6. She does not want to hear that she misled anyone.

But frankly, I never intended to make @mcy56 give in to the impression of misleading anyone.
...my post was only intended to drive home a point.

Infact, I never took note of the part that said the post has been deleted.
@mcy56 u need not do that. No human is infallible. I also err sometimes.
If u had read that my post very well, u would've noticed that I never said ur assumption is not possible. ...I only said it would not happen in this case given the scenario around the stock in question(div yield, qualification date etc)
All the same, I apologise if my post didn't come out right.
Pls feel free to revert as always.

Am in a good mood and I do not desire to spoil that of others.

Oga OGG, please do you have some 500m you do not need for now. I want to clear that 22m units of Zenith on offer at N20

onegentleguy:


But frankly, I never intended to make @mcy56 give in to the impression of misleading anyone.
...my post was only intended to drive home a point.

Infact, I never took note of the part that said the post has been deleted.
@mcy56 I apologise if my post didn't come out right.
Pls feel free to revert as always.

Am in a good mood and I do not desire to spoil that of others.

rebekah2011:
Oga OGG, please do you have some 500m you do not need for now. I want to clear that 22m units of Zenith on offer at N20

I am neither a HNI or a politician.
Pls refer to Wanajo, Rabbidoracle, tritri, Druggedprof, jejebaba and the other chiefs.

These Ogas you mentioned do not have bank accounts, they keep their monies under their pillows and mattresses. They will not even borrow me 5k sef.

onegentleguy:


I am neither a HNI or a politician.
Pls refer to Wanajo, Rabbidoracle, tritri, Druggedprof, jejebaba and the othe chiefs.

rebekah2011:
Oga OGG, please do you have some 500m you do not need for now. I want to clear that 22m units of Zenith on offer at N20

500M naira Some pipu get moniii die

rebekah2011:
These Ogas you mentioned do not have bank accounts, they keep their monies under their pillows and mattresses. They will not even borrow me 5k sef.

Bro I am still battling to get the Secretary of the PA to the Chairman of the company I work for to effect the new minimum wage in my payment.
...indeed the work of a sales boy is not easy.

COMMENT ON ZENITH BANK RESULT
The result seems to be a flat one on the average, 8.13% increase in EPS. Not too far from our forecast, which ruled out any substantial increase in earnings for 2019 year end.

Let us see how the market will react in the next two weeks.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

yok:
COMMENT ON ZENITH BANK RESULT
The result seems to be a flat one on the average, 8.13% increase in EPS. Not too far from our forecast, which ruled out any substantial increase in earnings for 2019 year end.

Let us see how the market will react in the next two weeks.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

Anyhow make he reach N24...
If it reach... we go the way of cap appreciation...
If it failed..... we wait for dividend of N2.50...
At at all..... na in bad pass....

emmanuelewumi:
The right offer of United Capital sold for 90k in 2014.

N9 million will buy 10,000,000 units. The investment got a dividend of N3.15 million in 2018, N2.7 million in 2019 and will get N4.5 million in 2020. Giving a total dividend after withholding tax of N10.35 million in the last three years, dividends received since 2014 will be close to N20 million. And a capital appreciation of N26 million.

Jijo people will not like this one.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29133_ZENITH_BANK_PLC_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf
N2.50 final

Ok thanks.
We await another dividend Aug/Sept interim.
Let me go and count my chickens.
More investible funds in a bear market.

It is also good for JIJO ooooo. At least when you are caught inside, you will just wait for the dividend. But there are some units you will buy and still wait. Imagine buying 50m units at 90kobo and you are not selling at N3.50. At least comot some Naira to enjoy your life.

OakPearl:


Jijo people will not like this one.

OakPearl:


Jijo people will not like this one.

Whatever works for them, I am okay and fulfilled as a dividend Investor

onegentleguy:
But frankly, I never intended to make @mcy56 give in to the impression of misleading anyone.
...my post was only intended to drive home a point. All the same, I apologise if my post didn't come out right. Pls feel free to revert as always.

Am in a good mood and I do not desire to spoil that of others.

@OGG, no need for apologizing, you did nothing wrong as far as I'm concerned.
I never took offence. Mcy doesn't have time for such things o, I said my own I move on. I just felt like deleting it ni.
It was your opinion, you were trying to help guys here maximize gains too.
Lol @ "you're in a good mood". I like that mood, always try to maintain it.

currentprice:
@ Mercy try to always stick to your opinion na. it is opinion whether right or wrong sister why deleting post afterall u made good suggestion/opinion on your ucap post, no stock can continue gaining for ever in respect of any results, profit taken must happen in btw. we dont charge or reward for wrong/right opinion here. abeg post ur opinion and leave it
u be lady true true

Thanks CP.
So I be lady now bah? Lol. Means you relate well with opposite sex. It's easier to decode this for such people.

Things appear to be looking upbeat in the house