I have been wondering where @rabidoracle is.

His silence here is very loud.

I pray he is well and safe wherever he is considering the Covid era.

Dum20:
I am really curious to know why a stock like Zenith that pays clost to N3 as dividend per year struggles to sell at N30.

This is amazing to me.

Maybe oga @emmanuelewumi will know better

Leave your curiosity and enjoy the cash flow from the business

Someone dey vex with Wapco.
Haba
Just carry enough kaya out 2day....

ositadiima1:
Even during the worst years some stocks were doing more than 100%

Please note that these numbers where based on the notion that it was bought at min and sold at max.

Great effort, sir. Well-done! However, anyone that is able to do this consistently must be using correct kayamata . In fact, most investors that bought say Zenith at N10.70 in March 2020 only used the opportunity to average down. It's rare to see investors that bought their entire holdings of a particular stock at exactly the year low. Almost impossible!

Heishere:


Finally escaped today. Bought at 37K. Insurance stock sweet o.

I hope you know selling at 1.2 is a big loss after reconstruction.

DANGSUGAR:
DS has recommended dividend for 2020 FYE subject to shareholders' approval.
http://www.nse.com.ng/Financial_NewsDocs/32455_DANGOTE_SUGAR_REFINERY_PLC%20OUTCOME_OF_BOARD_OF_DIRECTO.pdf

ELLAH LAKES:
3 Directors agree to sell down part of tgeir shares to enhance liquidity....
http://www.nse.com.ng/Financial_NewsDocs/32460_ELLAH_LAKES_PLC%20NOTICE_OF_UNDERTAKING_TO_SELL_DOWN_SH.pdf

emmanuelewumi:


Leave your curiosity and enjoy the cash flow from the business

Ha ha ha

This kind of statement can only come from someone that has looked at their entry prize of averagely N11 and the dividend they will get.

Selling prize no concern you again oga Emma. lol

I feel you sha

emmanuelewumi:
Leave your curiosity and enjoy the cash flow from the business

Lol.

Heishere:

Finally escaped today. Bought at 37K. Insurance stock sweet o.

Haven't they done the share reconstruction alongside?
I mean aren't your share units reduced yet.....before you sold?

seyisanya:
Great effort, sir. Well-done! However, anyone that is able to do this consistently must be using correct kayamata . In fact, most investors that bought say Zenith at N10.70 in March 2020 only used the opportunity to average down. It's rare to see investors that bought their entire holdings of a particular stock at exactly the year low. Almost impossible!

You are correct but the latent point i was making is that if you have a moderately good selection process you can take 50 to 60% or more out of available 100 plus annually.

seyisanya:
Great effort, sir. Well-done! However, anyone that is able to do this consistently must be using correct kayamata . In fact, most investors that bought say Zenith at N10.70 in March 2020 only used the opportunity to average down. It's rare to see investors that bought their entire holdings of a particular stock at exactly the year low. Almost impossible!

An intelligent contribution

zionaigbokhan:


I hope you know selling at 1.2 is a big loss after reconstruction.

Exactly my point. the 1.2 now is equivalent of 0.3 ie 1.2/4
the current price for lasaco at 1.12 is equivalent to 0.28 before reconstruction or am I missing something..

yMcy56:
DANGSUGAR:
DS has recommended dividend for 2020 FYE subject to shareholders' approval.
http://www.nse.com.ng/Financial_NewsDocs/32455_DANGOTE_SUGAR_REFINERY_PLC%20OUTCOME_OF_BOARD_OF_DIRECTO.pdf

Likely same dividend N1.10

My thought oo

ukay2:

Likely same dividend N1.10
My thought oo

Maybe.
......but Alhaji suppose add something on top this Fye nah.......

yMcy56:

Maybe.
......but Alhaji suppose add something on top this Fye nah.......

We are still building the coy

By 2024 upwards, dividend payments will become more juicy

kodelee:
....the current price for lasaco at 1.12 is equivalent to 0.28 before reconstruction or am I missing something..

My thought and calculation as well....., equivalent of 0.28kobo @1.12k.

ukay2:
We are still building the coy

By 2024 upwards, dividend payments will become more juicy

Lol. Which of the coy?
Refinery?

zionaigbokhan:


I hope you know selling at 1.2 is a big loss after reconstruction.

How?

ositadiima1:


Of course you cant take all, but i believe 40 or say 50 out of d available 100 plus is possible, some people here do it.
It is import to know that such return is available annually.

Never on a consistent basis, if not you would have turned N1 million to N60 Million in 10 years or less

yMcy56:

Haven't they done the share reconstruction alongside?
I mean aren't your share units reduced yet.....before you sold?

My share unit didn't reduce before I sold. Price just increased. Share unit remained the same.

yMcy56:

Lol. Which of the coy?
Refinery?

Sugar

Heishere:
My share unit didn't reduce before I sold. Price just increased. Share unit remained the same.

Wow! That's great then!
That's some cool profits there.
Wish Lasaco had been detailed enough about the reconstruction, just like Mansard did.

ukay2:
Sugar

Okay oo. Is that what Alhaji said?
E Ku Coy Building.

yMcy56:

Okay oo. Is that what Alhaji said?
E Ku Coy Building.

My thought o

yMcy56:

Wow! That's great then!
That's some cool profits there.
Wish Lasaco had been detailed enough about the reconstruction, just like Mansard did.

There is some error there oo. Same for me. Your units did not reduce in your brokers account but the units have reduced on your cscs account. the brokers are now updating some of the clients account. The whole thing is a big mess. People are seeing big profits but no be soo.. Dont know how they will sort this out for those that sold based on old reconstruction units..

kodelee:
There is some error there oo. Same for me. Your units did not reduce in your brokers account but the units have reduced on your cscs account. the brokers are now updating some of the clients account. The whole thing is a big mess. People are seeing big profits but no be soo.. Dont know how they will sort this out for those that sold based on old reconstruction units..

That's such a big m.e.s.s!
Should we now say the coy didn't carry the brokers along......in terms of circulars and all that?
Well, they'll find a way around it anyway.

The brokers ll readjust the sales to reflect current price.

emmanuelewumi:


Never on a consistent basis, if not you would have turned N1 million to N60 Million in 10 years or less

Ok, I am taking it down. waste of space abi?

nosa2:


Not happening

Hello Chief

wld appr8 if u share the thinking about ur response above

DANGSUGAR:
The string of 500k and 800k units on offer table though!
Na humans get those ones?

28kobo

zionaigbokhan:


I hope you know selling at 1.2 is a big loss after reconstruction.