PharmAlfred:


Wow! That's a big red flag.

It is one of the cheapest stocks on NSE right now.
Liquidity is however a major issue.
They have not been paying dividend for sometimes which explains investors apathy against the stock thou that is understandable given the fact that they need to shore up their capital to meet required capital base.

Going forward, I think it is a good stock for those who can be patient.

If s stock is not liquid, at least it should be consistent with dividend payments. An illiquid stock that doesn't pay dividends is a big no no.

emmanuelewumi:
[b]If s stock is not liquid, at least it should be consistent with dividend payments. An illiquid stock that doesn't pay dividends is a big no n[/b]o.

Immortal advice!

If you carry an illiquid stock that does not also pay dividends, you are like this driver here.
The best Jijo comes from dividend paying stocks, so that when you are stuck, dividends will hire a crane.
Don't fire at everything that the breeze sets on a hazardous mission...

Thanks sir. I'm in the long term journey with you. So I'm following your posts.

emmanuelewumi:



Those who bought First Bank, Guinness, Nigeria Brewery are okay.

1000 units of first bank bought at N3500 in 1993 grew to 56,000 units due to bonuses
The bonus history of Nigeria brewery is far better than Nestle over the years.


Nothing much about Union Bank, if the dividends earned over the years were diversified and reinvested the Investor should be okay.

I just shared this to let people know that after having about 6 months to 12 months living expenses in money market funds, excess funds should be Invested in a business, FG Bond, stock market, real estate , Eurobond etc. If not the money will lose its value.

Always good to invest and make sure the Investments generate income and cash flow

There is a new company here in ibadan named SUNNY AGRICULTURE TECHNOLOGY LIMITED producing Shea butter, both refined and non refined with cold press method.
You can contact us for your patronage:
Tel: 08071036588, 07052738966

RichEstate:
Thanks sir. I'm in the long term journey with you. So I'm following your posts.

As long as the business is well managed, fundamentals are solid, earnings are growing and it is appropriately priced, anything short of this is to sell and reinvest in well managed and growing businesses, selling at a discount

Absolutely! I'm not in for a stock marriage that won't produce baby. Apart from Christ, immediate family and Chelsea , I don't usually follow blindly. So once a company is playing ludo with my financial destiny (intentionally or through negligence), I move! Zero emotion!

emmanuelewumi:



As long as the business is well managed, fundamentals are solid, earnings are growing and it is appropriately priced, anything short of this is to sell and reinvest in well managed and growing businesses, selling at a discount

Stocks with new 52 week highs
Prestige assurance #0.77k
Berger paints #7.70k
Neimeth #2.34k
Consolidated hallmark #0.49k

Bonus history of Nigeria Brewery.

1000 units in 1980 grew to 103,000 units in 2020

emmanuelewumi:



N10500 invested in the IPO of GTB that is 1000 units grew to 7100 units and you have received a total dividend of almost 80k in the last 5 years about 20k was earned in 2019 financial year

Good day sir. Please how do I calculate the GTB bonus shares? Mine is currently about 4,000 and my original share bought was 1,250 units in 2004.

Breadfruit:
Good day sir. Please how do I calculate the GTB bonus shares? Mine is currently about 4,000 and my original share bought was 1,250 units.

.

Did you buy the first IPO that sold for N10.50k?

When did you buy?

emmanuelewumi:



Those who bought First Bank, Guinness, Nigeria Brewery are okay.

1000 units of first bank bought at N3500 in 1993 grew to 56,000 units due to bonuses
The bonus history of Nigeria brewery is far better than Nestle over the years.


Nothing much about Union Bank, if the dividends earned over the years were diversified and reinvested the Investor should be okay.

I just shared this to let people know that after having about 6 months to 12 months living expenses in money market funds, excess funds should be Invested in a business, FG Bond, stock market, real estate , Eurobond etc. If not the money will lose its value.

Always good to invest and make sure the Investments generate income and cash flow

Very important!

emmanuelewumi:
.

Did you buy the first IPO that sold for N10.50k?

When did you buy?

In 2004. The IPO please.

For GTB

2002 1 for 4
2003. 1 for 5
2004. 1 for 3
2006. 1 for 3
2007. 1 for 4
2008. March 1 for 10
2008 Dec 1 for 4
2009. 1 for 4
2010. 1 for 4

Breadfruit:
In 2004. The IPO please.

IPO was in 2001, 2004 was the second public offer of GTB

emmanuelewumi:




IPO was in 2001, 2004 was the second public offer of GTB

Ok sir. Thank you. It was actually 2004 public offer. I will calculate now with the information given.

Crazy
1 million then will be 7 million now excluding dividend payout

Bbbwings:
Crazy
1 million then will be 7 million now excluding dividend payout

In which company sir?

Bbbwings:
Crazy
1 million then will be 7 million now excluding dividend payout

Very close , just checked , 319601 shares worth 7,734,344.20 at today’s price

Bought 1 million naira worth of shares i think in 2004 , can’t remember the amount of dividend i have collected sha

OBAGADAFFI:
Guys, is shorting possible on NSE?

Not yet, but you can try some techniques... especially the Oracle style, or talking with your stockbroker. They can help.

Mcy56:


I contributed on flour mill when it was trading at circa 14 .....but now, no idea.
My ogas are in best position to advice you.
Why the choice of flourmill if I may ask?

Just have a feeling that may be when the result is released, it will shake body small

rmx:


Very close , just checked , 319601 shares worth 7,734,344.20 at today’s price

Bought 1 million naira worth of shares i think in 2004 , can’t remember the amount of dividend i have collected sha

Wow, this kind of return is massive. Thumbs up to Zenith and GTB in the banking sector. The annual dividends I now get from them is almost the same with the capital invested in 2004.

Jejebabaa:


Wow, this kind of return is massive. Thumbs up to Zenith and GTB in the banking sector. The annual dividends I now get from them is almost the same with the capital invested in 2004.

Wow

That's amazing

emmanuelewumi:



As long as the business is well managed, fundamentals are solid, earnings are growing and it is appropriately priced, anything short of this is to sell and reinvest in well managed and growing businesses, selling at a discount

Your simple and deep insight into the stock market always attract me to your comment. Thank you for being here sir. I have really gain alot from your comments here. Most of them collaborate what I have read in the book of Late Asiwaju Asalu. I hope you plan to write a book for us also. There sis scarcity of books about the Nigeria capital mkt.

Thanks to OGG also. I am a staunch fan and I have read your materials on Booksie recently and I wish I had seen them on time.

Meanwhile, I am seeking for a mentor in investment. I will happy to be accepted by any of you too. Thanks in advance.

Jejebabaa:


Wow, this kind of return is massive. Thumbs up to Zenith and GTB in the banking sector. The annual dividends I now get from them is almost the same with the capital invested in 2004.

You can now retired Sir

ukay2:



You can now retired Sir

Do you mean refire?

Jejebabaa:


Wow, this kind of return is massive. Thumbs up to Zenith and GTB in the banking sector. The annual dividends I now get from them is almost the same with the capital invested in 2004.

This are the kind of things I like to see!

Thanks for sharing and congratulations.

A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

zionaigbokhan:
A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

Na so you wan pick your village people call.

zionaigbokhan:
A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

Okokobioko ooooo.

The uncle doing this strong thing lately is at ogoni-Rivers state.

zionaigbokhan:
A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

PRAY and FAST against VOICE of PERDITION

zionaigbokhan:
A good Morning to all the ogas in the house, I'm tempted to sell my access bank and enter neimeth. All advice and criticism welcome. God Bless us all

The problem with investing is that it is boring. Many investors can’t stand it. So they change something that was otherwise okay, and try to become traders or jijoist overnight...

They have been saying it here that Access Bank is something waiting to explode, and you want to leave it and go to something that has already exploded and is most probably overvalued.

My advice to you is this, ask yourself why you bought Access in the first place and ask yourself why you want to change and buy Neimeth now.