Lion123:
https://www.thecable.ng/access-bank-completes-acquisition-of-zambias-cavmont-bank

Access Bank acquires Cavmont Bank. That means lower dividend for you people because money must come from somewhere. And Access still wants to buy Atlas Mara. What does Access really want?

Lion123:
https://www.thecable.ng/access-bank-completes-acquisition-of-zambias-cavmont-bank

Access Bank acquires Cavmont Bank. That means lower dividend for you people because money must come from somewhere. And Access still wants to buy Atlas Mara. What does Access really want?

DrAwo:


Please what do you mean by their problem with Airtel Shares? Can you please explain that part better?



There are 2 broad ways of growing a business...

The first is organic growth which is slower. The orga isation chooses to grow from within. Get on division right and then open another division... Zenith bank has chosen this path and is the master of it...

The second is inorganic growth... This is growth by acquisition... Its faster but has a whole lot of disadvantages... You inherit the problems of the acquired company...

Example is Access and Diamond bank... Their NPL went up crazily after the acquisition but so did their assets, customer base etc...

Look at ETI and oceanic bank as well... They just wrote off all the goodwill in their assets incurred during the acquisition... Look also at their trouble with o&o and airtel shares... ETI might take a 22 billion naira hit if the court rules against them just because they acquired oceanic banks problems...

Either way, Access has chosen to grow inorganically... They would have learnt from their diamond acquisition and might do better in future acquisitions...

If you are interested in Access bank, I'll recommend you keep an eye on their goodwill assets as they acquire companies... Keep a close watch on their ROE and more importantly, ROIC...

Any sustained decline in ROIC should signal that things are deteriorating...

bigjay01:


I don't quite have the volume I need. I wanted 1m units. I picked up a few at the #3.2 levels, hoping it would come down to the #3 or lower to complete mh target. Some people just jack up the price like play like play.
I picked up a few at #5.1 today, am very reluctant to raise my average above #4.

DrAwo:


https://www.proshareng.com/news/Debtors---Recovery/The-Ecobank-and-Airtel-Story--Surviving-/55005

Just read the above article...
It does a pretty good job of giving a background, present state and possible future insights into the drama surrounding ETI and the airtel shares saga...

PETERiCHY:



"2021 is the year of THUNDERSTORM!"

2008 will be a CHILD'S PLAY compare to what is ahead

Keep your CASH ABREAST.

Those that has ears let them hear what the FUTURE holds........

*ThE OcToPuS*

RoadAnimations:
Please what are the benefits of a cscs online account. I am asked to pay yearly. I use morgan capital and have been enjoying it. Are there any benefits the cscs online account will give that I don't have already. Kindly help.

OBAGADAFFI:


NSE and your broker will notify you about the status of stocks listed on the account exchange.

You keep Chaka for international stock and use registered brokers for Nigerian stocks.

Note that Chaka is not a broker in any country (international or local), they are just middlemen.

emmanuelewumi:


Not bad at N5.00.

N5 million worth will give you a dividend of 590k and another 400k ploughed back for further real estate Investment.

I doubt if a house of N5 million will give you a rental income of 590k.

Custodian Investment is accumulating the shares on the floor

debeey87:
Have they paid the dividend for their last financial year? for

OBAGADAFFI:



You can not buy or sell shares with CSCS online.

You can only view your portfolio.

CSCS portfolio are up to date than broker's portfolio.

Most times broker's won't update your portfolio, unless you inform them.


To save cost I always request for my CSCS statement from my broker.

investorMK:
u really opened my eye... Thanks
* what will i use to open account... App or through their website?

emmanuelewumi:


Not bad at N5.00.

N5 million worth will give you a dividend of 590k and another 400k ploughed back for further real estate Investment.

I doubt if a house of N5 million will give you a rental income of 590k.

Custodian Investment is accumulating the shares on the floor

lostinHeaven:


Please Oga, are you referring to Ucap shares ?

emmanuelewumi:



UPDC REIT

emmanuelewumi:


Was paid around November

yMcy56:
Market looking up today.......low volume across board.......so far .....
Too early to make this call? We are watching......

Mansard in early leap @1.25........up with 10kobo......
Hope @chibuking81 is observing as well.......

J-Gold is golden......

Some early crossings in Stanbic.

debeey87:
Who is their registrar. I am yet to receive any dividend. Cant find any disclosure for the corporate action as well

yMcy56:
E Ku Market o.

nna777:
We are still in the bus . Looks like japul will break the #1 barrier. Most people who bought btw 30k and 40k have offloaded..

PETERiCHY:


Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to the federal government through the Unclaimed Funds Trust Fund.


Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock Exchange and any unutilised amounts in a dormant bank account maintained in or by a deposit money bank which has remained unclaimed or unutilised for a period of not less than six years from the date of declaring the dividend or domiciling the funds in a bank account shall be transferred immediately to the trust fund,” the act read.

According to the Debt Management Office, Nigeria owed $31.98 billion to multilateral lenders like the World Bank Group, International Monetary Fund (IMF) and African Development Bank (AfDB) Group as of September 2020.


https://www.thecable.ng/fg-to-borrow-dormant-account-balances-unclaimed-dividends

yMcy56:

Japaul just dey vex ..........80M+ full bid.................
You may be right. Many people, maybe including Peter rushed out at 30/40kobo.........making the stock somehow scarce...or maybe Jegede is already pushing the price so as to come to market............my opinion too.
You know, the driver returned back to car park from 33kobo bus-stop the last trip before now,, so guys would have thought its same trip again......

Market is generally looking up.......

FCMB :27.4Mbids against 6M offers as at now..........
FIDELITY: Declared bonanza earlier ...........sold down to 2.35 and bounced back almost immediately, currently trading at 2.58
SEPLAT : Commenced its journey to 500 some three days ago.............only deep pockets can move these ones.........
FTNCOCOA: Full bid............. @66kobo

NewBola:
Is Dangsugar a good buy at current price? Looking at possible price appreciation till dividend payment.
Please help sirs/mas