Latest / Green Ticker Tales / NGX Premarket May 12, 2026

Transcript

NGX Premarket May 12, 2026 · Green Ticker Tales

• 0:00
  good morning welcome to today's pre-market podcast let's get into it the offshore index remains fairly on my radar why is it on my radar i will make history yesterday closing above the 250k uh to that is 250 000 mark for the very first uh time you had a movement some of the big cap stocks at dango the cement mg and nigerian so you had index uh in the green now what am i looking out for looking for a pullback where do we pull back to
• 0:26
  ideally i'd like to say pull back to 240k maybe 245k um right now i'm sitting on the fence and i think any savvy investor is sitting on the fence i don't think this is the time to get into the market uh you should wait for there to be a a rampage of the beers in the market and at that point you can then decide to get into the market so i'm waiting for
• 0:49
  uh what we're going to see do today on the ngx i'm going to see the stock market go higher i'm going to see a slight pullback i'm going to see consolidation uh the technicals they have it as a strong buy that is the origin the index that is and so clearly technicals is strong by but i think we're going to consolidate here uh who knows if i have a bullish movement in the big cap stocks then we'll push even higher so in any case this is the time to sit on the fence and fidelity bank is on my radar
• 1:16
  Audited FY25 numbers dropped after trading hours. Dividend investors will be disappointed. Fidelity Bank will not be paying a dividend, a final dividend. Fidelity Bank will not be paying a final dividend. Let's check. Did Fidelity Bank pay an interim dividend? I'm not too sure. Let's go check if the Fidelity Bank paid an interim dividend. I don't quite recall that. Maybe they did, maybe they didn't. So, in any case, I'm checking the corporate.
• 1:44
  uh disclosure page let's see let's see let's see i don't see i don't see um i don't see traces of an interim dividend um where are we none january february march april may june june is a half year um let's go check the half year results that will be faster for me i don't recall them paying i don't recall them paying
• 2:15
  uh a interim dividend the day or the day not uh let's let's confirm like to be as accurate as possible uh no dividend so that's even more going to be more painful a fidelity bank did not pay an interim dividend for 2025 and they will not be paying a final dividend so in essence there was no dividend or there will be no dividend at all for 2025 for fidelity bank i think shareholders are going to be unhappy but in some ways i'm not expecting a major dip
• 2:47
  in the stock uh i think that the markets following the you know likes of uba and access not paying um um a dividend if final dividend that is i think the market has kind of priced in the fact that companies that have delayed results so far are most likely i wouldn't be paying a dividend and then you also have um i also have regency alliance insurance on my radar
• 3:14
  uh the pricing for its rise issues 95 couple the stock is straight down one there and three couple now if the stock price pushes higher that makes the rise issue more attractive if the stock price trades at where the right issue price is or falls even lower people prefer to buy on the uh on the market but a company did something i sent him a notice that look we're shutting the priority for uh rights issue
• 3:41
  that to me it's a sign that there's serious money on the table normally companies want to run for the full stretch of two weeks uh four weeks rather companies want to rather run for four weeks but what they're saying is look eight to ten days you want to be done with our rights issue there has to be some money some money sitting at the corner waiting to take up um that rights issue so i'll be watching that stuff closely and then i'm also looking at looking at university press interim four-year numbers
• 4:11
  uh are quite disappointing and due to absence of um and some other income that dropped uh so the stock is at four and and you can go to the video for more context the video will be out in an hour from now um it stock is treated about half its equity it doesn't make sense to me right yeah so you have poor numbers but fundamentally speaking the corporations are still profitable it was just the absence of other income that led to a deep
• 4:38
  in those numbers it's fundamentally i've seen the reason why this stock should be trading at half a second so i think you're going to see a rebound um in university university press you should see a rebound in that stock but if slash when um they have enough reserves i think the question is how much are they going to pay are they going to maintain the the previous uh dividend payouts and let's go see uh this is a pre-market podcast so you would give me the liberty in any case it's coming earlier
• 5:09
  uh we're now moving to early time zones people have enough time to listen let's just see university press what is the dividend history uh for it what's the dividend history let's see what we have as dividend history all right so um what i'm seeing here is
• 5:40
  i'm seeing 2.5 kobe i don't trust what i'm saying but i'll go with 2025 final dividend which is six couple um i think they can easily pay i think that they can easily pay that from their reserves so if they match that then then you're not going to have a problem right if they match that but in my view i think the stock has has um is oversold and is due for
• 6:09
  a rebound so ladies and gentlemen these are just some of the stocks i'll be looking at you can get the broader list in the video which comes up now from now switching over to the pigeon english side of things people aliens aliens aliens how monday market before now makes sense it's still i've been on stupid anyways today not tuesday uh you know say monday now first day of the week they tried to arrange the week also for like daily 2k 1k 2k 3k 5k
• 6:38
  all the keys they matter whether i want it to keep thinking you put all the money together they use them for something but most reason how and i just stock market or workout today you see you get different markets market for clothes market for food this on a market for stocks companies really because the stock market people they buy them some people they sell them monday to friday in the market they move and which are they watch today yesterday market be sweet the ocean index
• 7:06
  the number where would they use they measure the full market and the ocean index will close in the green so uh not to see whether the market will work out they go up today or that would just sit down one place whether i go for now waiting with the watch for the market today and fidelity bank now another company we will put that for yesterday they dropped their report card for last year after market close i shall see investors with the especially they go pay dividend
• 7:33
  you know go pay dividends so people people not go too happy like that so i'd especially the stock price go for uh but we wait for the report card for the first quarter from january to march this year we'll see when they could drop down one but i should say that as i said they're not gonna pay dividend for last year people not go happy at all because you see that money matter money matter and a serious matter and some of this money people they rely on this money so as money not comes up if you say i make make a commodity stock or we say well
• 8:01
  could see as the report card the first report card for this year will be so we'll put time for the matter a university place i should say you know them if you get children for nursery school primary school secondary school for nigeria and you must know them now one of the you see one of these people they supply books uh for all these different levels for school so the stock before which funner is today people not too happy with the report card with the drop
• 8:29
  so but as it be where the stock they be you know they get some level with something before they go before they go you're gonna see you can set to a day now so it'll be like say uh university press data level not be saying nothing for below that level but you can't wait go for you know say default in there you know go to not go too much for away the stock price dinner uh for naira where they are they look uh regency alliance insurance and one of the stocks we see the trade cheap i mean stock with around one hour for this nigerian stock market
• 8:58
  they say the stock they cheap cheap not me say how to buy cheap me see if they cheap uh so they be talks that they won't raise money and the price at which you won't raise money 95 copper meanwhile the stock for the market the trade that one hour and three couple so now today watch our way go uh if the stock price for market rise pass the price at which you won't raise new money and people could decide to go buy the one where they won't say if the price for market
• 9:28
  fall below the price at which you won't raise money people will say if that one cheap pass not to buy for market as it be now so how these stocks they watch them when they watch the full market they still get some other companies they never drop results uh with the weight fcnb never drop with the wheat sterling never drop so people won't just see how those results be i know say for many people not dividend the reason uh but if you're not sure at this point you're gonna say once report card on it
• 9:57
  ta for bands like this if you be say you're not gonna see dividend at all so now so we'll go see uh we'll jam you we can go hustle for my 102k just in a little moment with this we got ready before we enter the road for the hustle for the day uh we'll go jam at midday