rebekah2011:
https://twitter.com/George_Osborne/status/1245092378182135809?s=20

I hope UBA and other banks that have not paid dividend will turn to audio dividend

UK isnt Nigeria.

The information is for most companies in the US, UK who come to government for bailout, yet they use the money for executive compensation, buybacks and payment of dividends.

They want the company to be saved first before they think about dividends.

Is UBA and other companies requesting for bailout from the UK? Answer is No

pluto09:



Bring it on.... We are expecting more

Na so ooo

Even with audio dividend payments, we are OK

locodemy:


Same with fcmb.
No date.
Just 14kobo to tease shareholders

APRIL 28TH payment date.

Bomboclad:
It is inconceivable to have Zenith lower than its 52 week low. When that happens, i would even sell my house to dive in!

But it got to a 52 weeks low of 10.70, didn't you sell your house then?

Mcy56:

WILL NOT Sir.
UBA should not play dang.erous game.

You people can panic over nothing. Dividend was marked down. Na payment remain.

RabbiDoracle:




Maybe I will be wrong this time.

Prices need to get off the low and stay up to consolidate.

I hope you aren't wrong, but it the signs are not looking good.

US is still planning major shutdowns.

OBAGADAFFI:


That is emotional blackmail from the CBN.

shareholders' equity are debt to the banks.

It is not.

In times of crisis, companies can be mandated to do things for the country.

Trump mandated General Motors to start manufacturing ventilators. GM makes cars. But they were forced to do that on times of crisis.

RabbiDoracle:


Na bottom fishing we dey do o.

I no dey chase price. Price dey come to me.

I am done buying.

I don try.

I wish everyone goodluck and stay safe.

Correct guy. Now second phase of waiting commences.

RabbiDoracle:


Prince Charles had it but he recovered.

I don't know how those in top positions recover while ordinary people die.

They have special vaccines for them.

Even Trump with all his exposures is not infected yet.

The creators of Virus, will manufacture Antivirus

Oga Onifa, but meffy can get inspired with actions like this. He knows the banks that are good and bad. Should we get worried that dividend in 2021 may be very thin or non-existent?

RabbiDoracle:


UK isnt Nigeria.

The information is for most companies in the US, UK who come to government for bailout, yet they use the money for executive compensation, buybacks and payment of dividends.

They want the company to be saved first before they think about dividends.

Is UBA and other companies requesting for bailout from the UK? Answer is No

RabbiDoracle:


It is not.

In times of crisis, companies can be mandated to do things for the country.

Trump mandated General Motors to start manufacturing ventilators. GM makes cars. But they were forced to do that on times of crisis.

Trump got $2 Trillion stimulus for GM and Co

Just watch the US will start bailing out their big Corporations.


What will Nigerian business get?
More Taxes

Intendy:
Stocks with new 52 week lows

NB #24.80k

Redstarex #2.90k

Guinness #22.70k

Dangote cement #116.80k

Unilever #9.90k

NB still needs to do below 24.80 before it can fly. Maybe 22.50. Let's see how it goes.

52 weeks high loading.

locodemy:


@15 I did jijo 3times for Wapco.

That time oga coolcash was hoping to sell at 30.

This life na teacher

I kept on averaging from 15.79 now I am at 13.71.
Still long way to go.

Coolcash1:


Nothing to say but remain hopeful just like every other investor holding the shares in their portfolio. Though i am upbeat about the result based on Q3 performance but indifferent about how the market will react.

As a trader, its tough sitting on a massive 60% loss making it very difficult to jump out of the bus now.

Anyway, i continue to observe.

Heat wan finish you abi?

Relax. The end is near.

Don't be like tortoise that was locked up inside latrine for a long time but he did not complain. Only for him to start shouting that the smell of faeces has finished him when he saw that people were coming to bring him out from the latrine.

ukay2:



Dangote Cement will soon discover the cure for covid underground

The numbers of lower lows are increasing

Oga RabbiDoracle.....take note


Loooooool

No be una dey buy the buyback news when it was trading at 178

I still warned that it will fall to 136 and it did and even went below sef.

ukay2:


Dangote Cement I bought at km 170....no wahala

Make dangote pay me dividend ooo


Uncle Tony has used my Apr, uba and ucap dividends donate for covid-19

No wahala. ...next year we go chop dividend

All of you were laughing at me at the other forum when I told you it will fall to 136 and you said you love torn shirts. Oya, see am na.

rebekah2011:
Oga Onifa, but meffy can get inspired with actions like this. He knows the banks that are good and bad. Should we get worried that dividend in 2021 may be very thin or non-existent?

I am not seeing any nationwide palliative in Nigeria like the type done in US, UK and Asia.

These oyibo execs do buyback with borrowed funds. Now that their stocks are low, they will be tempted to use the free fund govt is giving them to buyback their shares, pay themselves and also pay huge dividends. That isn't the purpose of the fund. It is to alleviate hardship due to coronavirus.

That is why they are warning them that it is the condition for the disbursement of the funds.

On our banks, what can be the effect on a prolonged shoutdown on them? NPLs will mount so much because it is not prolonged. It is like 2 weeks vacation for everyone.

Has anyone funded their Morgan Capital account this week? Did you pay into their Polaris or Zenith account?

Thanks.

OBAGADAFFI:


Trump got $2 Trillion stimulus for GM and Co

Just watch the US will start bailing out their big Corporations.


What will Nigerian business get?
More Taxes

National carriers are the pride of the country. So expect countries to bailout national airliners like :

France for Air France, Turkey for Turkish Air, Brustish for BA, Germany for Lufthansa, Kenya for Kenya Airways etc.

Meffy has already told banks to give an interest holiday on loans that are affected by these. I hope I read it well.

And that is what other countries are doing. Rent holiday, mortgage holiday, 75% salary to be paid by government in the UK, cash handouts. This is the helicopter money I told you guys about.

Soon they will storm EMs once they see that is where they can get good yields.

OBAGADAFFI:


I hope you aren't wrong, but it the signs are not looking good.

US is still planning major shutdowns.

Shutdown that he should have done since. He is doing it late. It is a bitter pill that must be swallowed.

EU are doing a statewide shutdown.

RabbiDoracle:


All of you were laughing at me at the other forum when I told you it will fall to 136 and you said you love torn shirts. Oya, see am na.

Hahaha...my oga just dropped the remix abi nah refix of d torn shirt sound. Nah hit back-to-back. Oga Peteru, oya drop us the meme(album cover)

CashDiMkpa:


Correct guy. Now second phase of waiting commences.

Christmas came so early for us with cash.

So we will wait knowing that we bought at 50 to 70% discount from the highs.

Breweries was like 85% to 90% discount.

If rapture comes, we go with our stocks

RabbiDoracle:


All of you were laughing at me at the other forum when I told you it will fall to 136 and you said you love torn shirts. Oya, see am na.

Loooooool

Make it start going up a beg

I am already buying more at this lower low prices. ...

ukay2:



Loooooool

Make it start going up a beg

I am already buying more at this lower low prices. ...

If na so stock for sweet
Other people need to board @ their different junctions.

RabbiDoracle:



Christmas came so early for us with cash.

So we will wait knowing that we bought at 50 to 70% discount from the highs.

Breweries was like 85% to 90% discount.

If rapture comes, we go with our stocks

No stocks for heaven oooo

Na here you go drop your kaya fly to heaven oooo

thebargainhunte:


If na so stock for sweet
Other people need to board @ their different junctions.

So na km 50 you de wait for Dangcem. ...

It is possible

Just keep waiting. ....me too go love to average down at that price

All of us inside dangcem....na long timer ooo.....be chopping dividend till we go break even some years to come

DeRuggedProf:


I dey your back. Have been loading since morning, I no fit shout.....

haba oga,your cash no dey finish? What quantity did you buy today as you dey load upandan.

seyisanya:
Has anyone funded their Morgan Capital account this week? Did you pay into their Polaris or Zenith account?

Thanks.

I paid to the Zenith account and my trading account was credited automatically

tunene66:


I paid to the Zenith account and my trading account was credited automatically

Thanks a million!

Thank you. I can relax a bit then.

RabbiDoracle:

seyisanya:
Has anyone funded their Morgan Capital account this week? Did you pay into their Polaris or Zenith account?

Thanks.

Used the Polaris Bank account today and it was smooth and hitch-free...

OK,money don finish and we still get so many lows ahead.This time you go sell your trouser take do average down.