Nigerian Exchange Group (NGX Group) – Buy, Hold or Sell?

[Chinyere]

NGX Group just announced ₦3 dividend and 1 for 3 bonus after profit increased to ₦15.6bn.
Qualification date is April 10.
Do you think this is a BUY, HOLD or SELL?
Are you buying for dividend, bonus, or long-term growth?

 

[Mr.Simon]

It all depend on your objectives, for me. I will hold irrespective of its dividend and bonuse issue. Still believe in the stock

NGX Group just announced ₦3 dividend and 1 for 3 bonus after profit increased to ₦15.6bn.
Qualification date is April 10.
Do you think this is a BUY, HOLD or SELL?
Are you buying for dividend, bonus, or long-term growth?

 

[Crystal]

NGX Group just announced ₦3 dividend and 1 for 3 bonus after profit increased to ₦15.6bn.
Qualification date is April 10.
Do you think this is a BUY, HOLD or SELL?
Are you buying for dividend, bonus, or long-term growth?

This is not a recent news hence the upward movement in recent times! So if you are not in already before now, it’s better to allow things cool off!

 

[Crystal]

It all depend on your objectives, for me. I will hold irrespective of its dividend and bonuse issue. Still believe in the stock

Yes! Same here

 

[Benjamin E Housel]

NGX Group just announced ₦3 dividend and 1 for 3 bonus after profit increased to ₦15.6bn.
Qualification date is April 10.
Do you think this is a BUY, HOLD or SELL?
Are you buying for dividend, bonus, or long-term growth?

This is where most investors make a subtle mistake. They see N3 dividend and a 1-for-3 bonus, and their mind immediately goes to opportunity. But the market has already thought about that before you did.

The first thing to understand is this. A dividend and a bonus issue do not create wealth on their own. They simply rearrange value.

On the qualification date, the price will adjust. What matters is not what is being given, but what the business can continue to earn after that.

Now, looking at Nigerian Exchange Group, the real story is not the dividend. It is the quality and sustainability of earnings.

 

[Benjamin E Housel]

It all depend on your objectives, for me. I will hold irrespective of its dividend and bonuse issue. Still believe in the stock

Love this.

 

[Benjamin E Housel]

This is not a recent news hence the upward movement in recent times! So if you are not in already before now, it’s better to allow things cool off!

You said it right ️

 

[Adegoroye]

It all depend on your objectives, for me. I will hold irrespective of its dividend and bonuse issue. Still believe in the stock

For me too i will hold on .