klas:


There are some paper loss that are as good as realised loss in terms of permanence sha.

Those that bought IPOs of Transcorp, Japaul and VeritasKapital Assurance 12 years ago can attest

ositadima1:


Zenith and UBA are 6th and 8th respectively when it comes to dividend yield. Trancorp and Japaul are 80th and 93rd respectively.

Recovery is very likely. Even without capital appreciation at an average of 10% return he would have recovered his losses in 6 years.

emmanuelewumi:


Number 1 to 5 nko?

Seunn11:
Help my portfolio, people.
My Zenith is now in red to the tune of 25m. Help!!!
UBA is 6.5m loss.

klas:


There are some paper loss that are as good as realised loss in terms of permanence sha.

Those that bought IPOs of Transcorp, Japaul and VeritasKapital Assurance 12 years ago can attest

Seunn11:
Help my portfolio, people.
My Zenith is now in red to the tune of 25m. Help!!!
UBA is 6.5m loss.

emmanuelewumi:



This is wrong, check out the date July 2019.

Based on last year's dividend zenith will give you a dividend yield of about 25% at the current price

ositadima1:


Zenith and UBA are 6th and 8th respectively when it comes to dividend yield. Trancorp and Japaul are 80th and 93rd respectively.

Recovery is very likely. Even without capital appreciation at an average of 10% return he would have recovered his losses in 7 years.

Zenith dropped by 41% this year.
Therefore, 25m loss evaluates to 100÷41×25m =61m

61m was his initial investment, while he has 36m left in the market.

7 years at 10% average; 36m × 10 ÷ 100 × 7 = 25.2m

After 7 years he will be back where he started at 61m.

DeRuggedProf:


Na dat time he will understand what currency devaluation means...

Godlylifeoneart:



Rabbi, So you are not aware that all the top banks in Nigeria are highly exposed to oil and gas sector.
The implication of this is that the banking sector might be the first casualty of what we fear most(Recession )
First bank has not recovered from the NPL of 2012/14.
Already, Zenith and GT have been downgraded by Fitch.
No one can predict what will happen next. However, we must remain invested.

emmanuelewumi:



This is wrong, check out the date July 2019.

Based on last year's dividend zenith will give you a dividend yield of about 25% at the current price

Seunn11:
Help my portfolio, people.
My Zenith is now in red to the tune of 25m. Help!!!
UBA is 6.5m loss.

shrink007:


Pls where can i get the dividend yield history of all stocks?

ositadima1:


https://play.google.com/store/apps/details?id=com.rmeideas.yochaa

wanaj0:


We have different threshold. Unfortunately when people join a forum like this, they dont understand that our risk profile differs. So when you follow someone with different risk profile, when the risk materializes then response will be different. When people use SHORT TERM funds for LONG TERM INVESTMENT because someone told them of a 50% return in 2 weeks what do you think will happen?

Then you have people averaging down and the more they buy the lower the market goes! How patient can they be after they've spent rent and school fees money to buy shares expecting to make 50% in 6 months only to be at 25% loss!

Then you have those that don't fully understand the strategic reason behind some moves. You have people buying illiquid stock to get on the board. No plan to sell. Now you joined because it was gaining 10% everyday with the hope of selling! You suddenly discover that what you have is paper profit because no one is BUYING

People need to develop a plan and follow the plan. Yes you can update your plan BUT don't do follow follow because of our risk profile, objective etc are DIFFERENT.

Know yourself and UNTO thyself be TRUE

Momoney54:
The pump and dump that is going on in international markets is crazy...Traders are making a hit with all this volatility!

Momoney54:
The pump and dump that is going on in international markets is crazy...Traders are making a hit with all this volatility!

RabbiDoracle:


Since when?

Hope you know this isn't the first oil price crash?

One happened between 2014 till 2016. That was when all the banks took serious impairments for years(till 2018 sef).

I believe they must have learnt their lessons and hedge their risk appropriately.

If you downgrade a country, the banks will have same downgrades as well. You can't have a bank do well when the country is downgraded.

The risk to Nigeria is oil price. Some of the casualties of the low oil price are starting to show up in the US shale industry. One oil and has firm declared bankruptcy last week. More to come in the US.

That is why Trump wants to broker peace between Russia and Saudi to limit the number of US Oil workers that will be unemployed.

The first casualty in Nigeria will be the oil service industry. They will lay lots of them off as IOCs start cost cutting, reduction in capital spending and streamlining of activities.

Nigerian banks wicked o. E be like say you never hear who dem do something before.

http://www.nse.com.ng/Issuers-section/listed-securities/company-details?symbol=MOBIL

Uchetoba:


Mobil/11 plc gave us an open cheque now we are shy to write enough money on it, Yet the goal most nse investors is to make too much money.

Mobil told us that we have from 3rd of March to 3rd of June to decide what the payoff that they will offer to us the minority investors at the AGM which will hold on 3rd of June will be.

The implication of that is that if we allow the price of Mobil to remain at 160.9 till June 3rd, the core investor may come up with a payoff of not more than 250. But if we can pump the price to like 600 or there about for instance, the core investor will like wise come up with a payoff that is above 600.

It is now left for us the minority investors and the market maker to decide what we want. The big payoff or the small payoff?

DrAwo:


To every action, there is an equal and opposite reaction...

If the majority shareholder decide to push millions of units onto the floor of the market, they can as well force the price down and pay peanuts to buy out the minority share holders...

It can work both ways you know...

Uchetoba:


Mobil/11 plc gave us an open cheque now we are shy to write enough money on it, Yet the goal most nse investors is to make too much money.

Mobil told us that we have from 3rd of March to 3rd of June to decide what the payoff that they will offer to us the minority investors at the AGM which will hold on 3rd of June will be.

The implication of that is that if we allow the price of Mobil to remain at 160.9 till June 3rd, the core investor may come up with a payoff of not more than 250. But if we can pump the price to like 600 or there about for instance, the core investor will like wise come up with a payoff that is above 600.

It is now left for us the minority investors and the market maker to decide what we want. The big payoff or the small payoff?

shrink007:
UBA expected to hold AGM and pay dividend on 29th April

http://www.nse.com.ng/Financial_NewsDocs/29589_U_B_A_PLC_CORPORATE_ACTIONS_APRIL_2020.pdf