NewStats: 3,264,338 , 8,183,394 topics. Date: Tuesday, 10 June 2025 at 04:36 PM 6o2248

yMcy56:

Courtville's Board meeting is coming up on 27th Jan, 2022.....
To consider unaudited FY report (Q4 2021)..….... Among other things.......

https://doclib.ngxgroup.com/Financial_NewsDocs/34774_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20_NOTICES_OF_BOARD_M.pdf

Abeg any info as to what the other things could be?

austinkenneth:
Abeg any info as to what the other things could be?

Possibly, deliberations on the delisting process.......
Fixing Directors' remunerations and how Directors go share goodies....lol.

emmanuelewumi:



You need monthly income from your Investments.

Seplat pays dividends every quarter, UPDC REIT, GTB, Zenith Bank, Access Bank, Stanbic IBTC, MTN, Airtel, Nigeria Brewery, Total, Friesland Wamco, UBA etc pay dividends twice a year.

March to June is when 70% of dividend income are paid on NGX

Apart from that you can have FGN bond Investments that pay dividends in January/July, March/September, April/October, June/December.

Thanks so much.
So UPDCReit pays dividends twice a year? Thats great. Pls whats their dividend like. Is it substantial?

yMcy56:
WEMA BANK
Seems like too much grammar dey worry this bank.

1. There'll be reconstruction of shares in ratio 3:1 .......i.e one share for every 3 held.
If you have 60,000 units, it'll become 20,000 after reconstruction. Think they called this "reliquishing shares by shareholders.

2. The 2/3 reliquished will be repurchased in form of right issues........

3. Market Maker has been appointed to repurchase reliquished shares.........

We will understand the grammar much better as time goes on........
We may likely witness some manipulations here in coming days....

https://doclib.ngxgroup.com/Financial_NewsDocs/34771_WEMA_BANK_PLC%20WEMA_BANK_PLC_%20_DEC_31,_2021_COURT%20ORDE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/34772_WEMA_BANK_PLC%20WEMA_BANK_PLC_%20_DEC_31,_2021_EXTRAORDIN.pdf

Oga @Onegentleguy happy new year sir!
More of God's protection, direction, good health and blessings for us all IJN.

Thank you "the cherished one".
...and I wish you even more!

On WEMA... I think there's no confusion though.
Like I said before;
It will be best for a prospective investor to wait on the sideline and seek to align post the conclusion of both exercise to better tap into VALUE!
Your entry peg though will be KEY.
We already have a guide.

For those already in, they can see my previous post to get a clue of how best to follow through with this.
Everything will depend on ones PERSONALITY and INVESTMENT HORIZON.

Selah

Mpeace:
Thanks so much.
So UPDCReit pays dividends twice a year? Thats great. Pls whats their dividend like. Is it substantial?

Paid total of 59k in 2020. Should be able to pay about 50k in 2022

BUAFOODS
BUAFOODS listed today at N40.00!
Over N40B staked on it so far.....by moneybags!!
These pot belly men can do and undo.....

https://www.vanguardngr.com/2021/12/bua-foods-consolidate-to-list-on-stock-exchange-soon/amp/

yMcy56:
BUAFOODS
BUAFOODS listed today at N40.00!
Over N40B staked on it so far.....by moneybags!!
These pot belly men can do and undo.....

https://www.vanguardngr.com/2021/12/bua-foods-consolidate-to-list-on-stock-exchange-soon/amp/

I am watching for it but l am not seeing it trade on my platform yet

onegentleguy:

On WEMA... I think there's no confusion though.
Like I said before;
It will be best for a prospective investor to wait on the sideline and seek to align post the conclusion of both exercise to better tap into VALUE!
Your entry peg though will be KEY.
We already have a guide.
Selah

Thanks sir.
Think I'm also on right track to advice the Oga talking about penny stock to wait and allow them conclude on their upandan first.
Appreciate your best wishes sir.

emmanuelewumi:



Paid total of 59k in 2020. Should be able to pay about 50k in 2022

thats good yield for a company whose current price is below 5naira

Happy New Year @Locodemy and @Megawealth01
Wishing you a glorious 2022.
More profits to your/our JIJO biz this year IJN.

@Loco, your Academy has been on continuous full bid for the past few weeks........but it's very illiquid.
Let's hope it'll go far up....

sterlingD:

I am watching it.It's like trading on this stock has not started(Correct me if l wrong)

It has started.
Trading on the floor right now.
If interested, you can keep eye on it.
We watch how Mr. Market align the pricing....

Mpeace:
thats good yield for a company whose current price is below 5naira

Some of us have an average price of N3.80k and below.


Working from home affected their rental income in 2021, some of their corporate tenants also negotiated for a lower rent

yMcy56:

Thanks sir.
Think I'm also on right track to advice the Oga talking about penny stock to wait and allow them conclude on their upandan first.
Appreciate your bet wishes sir.

Yes you are very much in the right track dear.

Regards

Its good being here. Happy new! Have been a guest here in 2021. Thank you for such wonderful thread

Zedicusdgreat:
Good morning guy! I’ve been following this thread for a while now as a guest and I must commend you all for keeping this section alive and also keeping us informed about the markets. I want to buy Nigerian stocks for the longterm but I really don’t know the best online broker. I’ve signed up on wealth.Ng but I’m still a little skeptical. Please I need a little guidance on this area…which is your best broker? And how can I watch the market trade live?

There are quite some good brokers with Digital portal whereby you trade by yourself and watch live trades.

I'll recommend Morgan Capital Securities.
That's the broker I'm using with excellent services.
You may revert if you needed additional info on them.

yMcy56:
Happy New Year @Locodemy and @Megawealth01
Wishing you a glorious 2022.
More profits to your/our JIJO biz this year IJN.

@Loco, your Academy has been on continuous full bid for the past few weeks........but it's very illiquid.
Let's hope it'll go far up....

Thanks so much ma... Wishing you more money and massive joy

Start your investment journey of 2022 at Investment One financial services.

You can invest in the following for yourself and minors:

Abacus money market fund
Vantage dollar fund
Dividend paying stocks.

With just a click from anywhere you are in the world, you have access to all investment products of your choice.

To start, click the link on my signature and open for free.

emmasoft:

Start your investment journey of 2022 at Investment One financial services.

You can invest in the following for yourself and minors:

Abacus money market fund
Vantage dollar fund
Dividend paying stocks.

With just a click from anywhere you are in the world, you have access to all investment products of your choice.

To start, click the link on my signature and open for free.

I open an with investment one..
but how does Abacus money market fund works?

Happy New Year to the :
First Class Citizens,
Second Class Citizens,
Third Class Citizens..
of this great family

Mfunkynation:
Happy New Year to the :
First Class Citizens,
Second Class Citizens,
Third Class Citizens..
of this great family

It is better you don't greet than to say these.

It is a derogatory remark.

Happy New Year to all.

NGXGROUP
Is anyone watching how they're trading packing this stock since it hits 15.30?
I've said I won't say anything on it again since the bashing when we mentioned it here.
Same NGXGROUP I was under intense "heat" for.
**Closed @20 today**

Those waiting @ N10 or is it N2, E Ku waiting oooo.

BTW, I was the first to reply Oga Rabbi's new year greetings to us all by "liking" his post..........if I hear say you no welcome him or any of our gurus back to the forum!
Someone should be marking attendance.......

Many are already loading WEMA bank, not waiting for dust to settle. It's obvious WEMA skyline is bright. One might wait and miss out. Personal opinion....

Mfunkynation:

I open an with investment one..
but how does Abacus money market fund works?

Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. 7.70% as at yesterday. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is guaranteed.

If you are conservative with low risk apatite then Abacus mmf is best for you.


You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for last quarter 2021 was done 1st of January 2022.

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- and monitor your .

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.

Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you and invest say 5th January 2022 you will be paid interest for 5th to 31st of March for that period and continues till another payment date.

safepaulooo:
Many are already loading WEMA bank, not waiting for dust to settle. It's obvious WEMA skyline is bright. One might wait and miss out. Personal opinion....

Market Maker has been appointed and authorized to do some repurchasing on behalf of the Coy.

Risk takers who can be smart enough to JIJO MAY benefit......and if the odds falls in his/her disfavour, it's all risk taking.

Those who have it might decide to leave it and see to the end of the process, who knows, it may favour them......or not.

ABI oo

That's the name of the game - calculated risk taking.

yMcy56:

Market Maker has been appointed and authorized to do some repurchasing on behalf of the Coy.

Risk takers who can be smart enough to JIJO MAY benefit......and if the odds falls in his/her disfavour, it's all risk taking.

Those who have it might decide to leave it and see to the end of the process, who knows, it may favour them......or not.

yMcy56:

There are quite some good brokers with Digital portal whereby you trade by yourself and watch live trades.

I'll recommend Morgan Capital Securities.
That's the broker I'm using with excellent services.
You may revert if you needed additional info on them.

Thank you. I’ll check it out

BUA Foods s Stock Exchange, Trades Shares at N40 Each
https://businesspost.ng/economy/bua-foods-s-stock-exchange-trades-shares-at-n40-each/

Experts Give Useful Stock Trading Tips at Stanbic IBTC Webinar
https://businesspost.ng/economy/experts-give-useful-stock-trading-tips-at-stanbic-ibtc-webinar/

Ecobank Elevates Group Chief Risk Officer Eric Odhiambo
https://businesspost.ng/jobs/ecobank-elevates-group-chief-risk-officer-eric-odhiambo/

Airtel Africa Gets $176.1m for Sale of Tower Assets in Tanzania
https://businesspost.ng/technology/airtel-africa-gets-176-1m-for-sale-of-tower-assets-in-tanzania/

Berger Paints Chooses Adetomiwa as Acting MD/CEO
https://businesspost.ng/jobs/berger-paints-chooses-adetomiwa-as-acting-md-ceo/

South-West Governors Condemn Sanwo-Olu/Police Face-off at Magodo
Sanwo-Olu/Police Face-off at Magodo Infuriates South-West Governors

First Bank Expands Board With Three Executive Directors
https://businesspost.ng/banking/first-bank-expands-board-with-three-executive-directors/

yMcy56:
NGXGROUP
Is anyone watching how they're trading packing this stock since it hits 15.30?
I've said I won't say anything on it again since the bashing when we mentioned it here.
Same NGXGROUP I was under intense "heat" for.

Those waiting @ N10 or is it N2, E Ku waiting oooo.

BTW, I was the first to reply Oga Rabbi's new year greetings to us all by "liking" his post..........if I hear say you no welcome him or any of our gurus back to the forum!
Someone should be marking attendance.......

AIRTEL
May be heading towards N1,300!
Crossed N1000 mark today to close @1,050!
Lots of good news coming the way of this Coy.
https://doclib.ngxgroup.com/Financial_NewsDocs/34776_AIRTEL_AFRICA_PLC%20FIRST_CLOSING_OF_TOWER_SALE_TRANSACT.pdf

NGXGROUP
Closed @N20 from the 52wks low of N15.30!!
Said it last year based on observation that an entity/some entities are trying to accumulate the stock with the singular bid of 8M+ units at different times......
Na to dey watch for pullback here....

BUAFOODS
Closed @44.......Up with +N4 from the listing price of N40!
Alhaji and his boys may likely move this one up some more, especially when majority shares is still in their possession..........before Mr. Market will reprice.

Just speculations. Don't take my words for it. I may be right or wrong.
Igi Pawpaw o ni wo pawa o.