PharmAlfred:


Where did your 6 come from on the Price after Mark Down line?

TLAX:


For each stock with assumed closing price of @ 27.2

1 for 5 is 20% mark down = N5.4
Dividend is another N2 mark down

Total Markdown is N7.4

Price after mark down is N27.2 - 7.4 = N19.76.

All mark down actions will be on the closing price on the qualification date.

My thoughts. More opinions please.

MishdaFish:
Great investors, please I wish to ask what the price of Julius Jerger would be after mark down considering the double script of dividend and bonus? Thank you

sellydion:
Due diligence advised. There is
panic if someone could study the financials very well with COVID, price war and the environment the coy operates expect the worse,
before the better.

Be your brothers keeper, as much as you can

Godlylifeoneartpost=89871727:
The much awaited and anticipated ARDOVA, As expected, individual own listed companies have been releasing terrible and disastrous results.
Ardova has just released one the worst of them all.
Profit after tax... N0.5 bi
# massive dumpling next week.
# back to sub N10 loading.
Nothing to offer retail investors.

PETERiCHY:


This was how you were skeptical about WAPCO. but today they have declared N1 dividend and still waxing strong.

DrAwo:


Hmmmn

A wise man once said "Delayed results are almost always decayed results. "

Caverton, please prove him wrong for my sake...

dharpzee:
Nice performance, I just wonder how much dividend they will pay, but should definately be more than MAY and BAKER.

Krisuba:


Any one gets anything to say about Julius berger!! Y is d begged not moving!!

emmanuelewumi:
Congrats BUA Cement shareholders, dividend of N1.75k.


Profit after tax of N60 billion higher than the N35 billion promised by the core Investor

Dividend payout ratio of 97%

maishai:
One company I still dont understand is Notore, at the start of Planting Season this year, Fertilizer went scarce especially urea and sold for 9k a bag............ Farmers that did not anticipate the scarcity had to purchase else where, I know of many that joined hands and purchased Urea 3 states away from their resident states........ Word has it that Fertilizer Producers are putting pressure on Government especially State Government to remove fertilizer subsidies......... I see the effects a little bit in Flour mills but Notore which is just a fertilizer company keeps declaring Loss Quarter after Quarter in the face of Country Wide fertilizer Scarcity..................... I would love a good response to this

maishai:


Oga calm down, it's irresponsible of management in my own opinion to slash workers salary this period except u r a govt employee.....I have no sympathy for govt staffs

emmanuelewumi:



They have not made any revenue in 8 weeks, I learnt the workers Union are challenging the 50% reduction in salaries.
Workers were paid for 2019, it will be fair for shareholders to also be paid for 2019 business year. We are all in this together for 2020

Udbabe:
Please house i need help,tried buying a stock, this came out "below listing standard" asking if i want to proceed, i had to cancel first to ask the house, please what does this means, and can i still proceed to buy, thanks

bigjay01:


Not bad, provided everyone (including management) concedes something. Tough times for the industry in view of the prevailing climate.
I had increased my holding last year. Anyway, i have a long term view.

emmanuelewumi:




NAHCO equally made profits for the year 2019, so shareholders should expect dividends no matter how small

bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/30087_AIICO_INSURANCE_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

show of confidence?

emmanuelewumi:




Just confirmed from a relative that works with NAHCO, that they were paid 50% for April 2020.


I think we should prepare for a reduction in our dividends from NAHCO

CHARLESNIPER:


I was replying to madam rebakah but sorry if u reason say na u sha. but i sure say the person i replied know why i had to reply her.
brotherly, forget most of the preaching u see here. most odefe dem here are bad people. now they are talking TA this TA that, but i know say all that is not without their selfish pursuits. me sef I be TA person. i learnt from someone in my little experience trading forex back in the days. na him make i be sniper, but i always like to read through the various inputs of sound and honest minds here. i know those i read their post. sir Emma, rabioracle, sayisanya, mcy56, Fxuser, bullbearmkt, intendy, etc. i know some of them, and I believe they are few. maybe not up to 20. the rest are just a bunch of expired evildoers!!!!

bigjay01:

I love the tone of this post! very matured in my humble opinion

@Rebekah, I respect you a lot! It is not enough to say someone is wrong without pointing out how (s)he is wrong. You could have at least presented a counter-narrative.

My 2p comment anyway

nna777:


Mr Rebekah. I should have overlooked this matter but I think it's important that I comment on it.

I think it's important when you say something I posted is not correct, it's only fair to point out my error so that it can be clarified and we can move on.

The reasons being that people come here daily to shift through information in order to make investments decisions and most importantly credibility of the information posted is good to go.

The information I posted was actually not only accurate but correct as I have gone through the finance bill to recheck. to say that it isn't correct affects my credibility on this platform and thread as it means I didn't do my due diligence before posting.

The fact that you posted this morning and ignoring my earlier comment to clarify if I was in the wrong is not proper. I think it's only fair if you acknowledge your oversight so we can find closure and move on. I hope you live up to expectation as a respected member of this thread . Thank you. A snippet from the bill below

Prior to the amendment of the finance bill, all entities and companies in Nigeria have been mandated to pay company income tax on their income, but with the new amendment of the bill, micro and small enterprises are no longer automatically required to pay company income tax, where small businesses in this regard are classified as companies with an annual turnover of N25 million or less.”  

debeey87:
Wigwe sold in Access bank too and heaven didn't fall. Like |Mpeace said, there reason is best known to them

Mcy56:
Market was somehow static in the past few days, needs good news to push it up again.
Good thing is that there are no panic and heavy dumpers.
In oga BBM's voice: Plan your trade and trade your plan.

nna777:


I remember this post from last year. Some Pharmaceutical coys will churn out better balance sheet this season.

The 2020 budget favours companies whose PBT is less then #25M.
so what that means is that they will be exempted from CIT (company income tax) in 2020 and probably going forward.

Caveat - Due diligence is expected from you.

ukay2:



Core investors do not sell...


Most of them are retired civil servants, only care about dividends.



Moreover Nestle EPS dividend payout is more than 50% as you know.

yok:


No problem please.

Uchetoba:
http://www.nse.com.ng/Financial_NewsDocs/29937_NESTLE_NIGERIA_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/29930_DANGOTE_SUGAR_REFINERY_PLC_CORPORATE_ACTIONS_MAY_2020.pdf