lancee:
http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares
African prudentials acquires 6% uba shares
AFRICAN Prudential Plc, in a special off market transaction, has acquired 2.08 billion units of ordinary shares of United Bank for Africa, UBA Plc, at N9.47 per unit amounting to N19.7 billion.

Read more at: http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares/

fxuser:


TOE wrote the Cowboy manual !
From Nnewi

locodemy:



Is this transactions different from the one of Tuesday where they informed us of share buy back from UBA?
pls i need clarifications from this transactions.is it in favour of UBA shareholders or APR shareholders since both stocks are listed differently and ever since UBA divested from APR,nothing holds them in common again.

pls who knows better.........?

pluto09:


I will not be suprised if it turns out that vanguard retract that story. I cant connect with what the story is
saying.

Tritri:
@cadillac15 You still have faith in this ur Dangflour ? My faith is dieying ooh! Currently regretting why I never sold at 5.50 . Locodemy I dey miss u ooh !

stcool:
https://nairametrics.com/uba-share-cancellation-explained-but-questions-remain/

Unanswered Questions remain

Despite the robust explanations by the bank, a few pertinent questions remain unanswered. Figures from the 2016 annual report of the bank show the Earnings Per Share was calculated using 34,054,857,094 shares, excluding the shares held by the SSIT.

The bank has used two different outstanding share figures to calculate earnings and dividend per share respectively. In addition. the bank’s balance sheet does not contain any entry in respect of the dividends and bonuses accruing to shares held under the trust. As the confusion rages, the bank has maintained silence in the midst of a lack of transparency. Emails to the bank’s investor relations unit have not been replied, as at the time of posting this story.

If the Vanguard story is true, then I think it is good news for both UBA & Afriprud, just that UBA benefits more in the short term. Any borrowing to buy the shares by APR would obviously be reflected in Q3 report.

But Uncle TOE...I salute. More confusion for the masses!

lancee:
http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares
African prudentials acquires 6% uba shares
AFRICAN Prudential Plc, in a special off market transaction, has acquired 2.08 billion units of ordinary shares of United Bank for Africa, UBA Plc, at N9.47 per unit amounting to N19.7 billion.

Read more at: http://www.vanguardngr.com/2017/07/african-prudentials-acquires-6-uba-shares/

skaqe:
08133721021 call or WhatsApp to get ur TBC ( the billion coin ) at a very affordable rate , special offers available for reseller .

Calebbold:

Afriprud EPS is 0.43

bolabiyi:
chai....wetin person go buy now for dis market sef..I just tire...never bin dis careful...

stcool:


Once a cowboy always would be. At a time you think they have your interest, the dots connect.

And people are wondering why others are pricing stocks at ridiculous prices, when those in charge are serving their own interests.

Yes FBHN may get to N10, same with Dangote Flour, but have seen much in this market to enter stocks at their year highs. I would rather miss the opportunity and wait for another one to present itself.

DeRuggedProf:
Dangflour SKEWING....

stcool:

PETERiCHY:


You just said the CRUX of our message but some will keep frustrating themselves thinking it is others that is behind it.

While some of us sealed very good deals between MAY/JUNE when the opportunity came and are ready to wait for months, if not years to get better bargains.

Nigeria Stock Exchange is no longer a place you put your money and go to bed that ERA is dead and buried else the Cowboys will frustrate both you and your money. Period!

*ThE OcToPuS*

zendi:


These shares moved from UBA(TOE) to Afriprud(TOE),
with both BUY/SELL executed by UCAP(TOE).
Can you say the shares didnt change hands....
from TOE's left hand to his right hand ?

Leave the game for the cowboys

DeRuggedProf:
Do we have a 'certified Hacker' on this forum?
I think it is time for the person to get busy...
No more delay of results.....

bolabiyi:
chai....wetin person go buy now for dis market sef..I just tire...never bin dis careful...

OBAGADAFFI:
@DeRuggedProf:

Un a serious note i think we the test both NSE and stockbroker FIREWALLS.