₦airaland Forum

Mcy56:
You passed the Kaya unto the next 'carrier' las las.

Arduino I jump and pass ooo. OYO with your Kaya.

yes ooo, the bids don weak sef, currently trading at yesterday's close

arduino:
I still dey carry Multiverse, UnionHomes, Daar Comms and Sunu Assurance dey go.
One day e go reach my turn to pass the kaya to either mercy or tolu

Oh boy make i no begin list all my kaya.

Put it this way - I made a few people rich when i entered market in 2006/7.
I really pumped money back to Nigeria! More like shooting in the dark.

However, there has been quite a few very very big wins.

Las las e no kill me. I still tanda gidigbam

am out of LawUnion @1.11 (about 25% hit). Been carrying this for more than 10yrs

PETERiCHY:
Below is the picture illustration of what happened in today's market

"Provision no longer required is as at result of Access/Diamond Banks debt waiver together with
Finance and Operating leases written off"

Whatever this means

Agbalowomeri:
All these figures, abeg does it translate to 40B cash in the bank?
I no dey see the cash flow well as I still get hangover
I hope they are not coming to raise funds

that's why i keep repeating 'if it is true'
Let's wait for the auditors sha

sellydion:
from which period to which period is the write back?

I no come understand

see am na, (in Q4)
I repeat - if this is true?
Auditors will probably have a different view

eziokwunwoko:
sStrange Result:http://www.nse.com.ng/Financial_NewsDocs/28794_JAPAUL_OIL_-_2019_Q4_FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

They wrote back over #40Bn for the year ?

I can't wait to off load my kaya (if this is true). Been carrying 280k units!

Waooo

@house

Has anyone bought any of the listed REITs through Morgan? Are they authorised to deal in REITs?

mendes911:
If UACN cancels their planning splitting of subsidiaries, what will be your take on the stock? Just asking for myself incase UACN drops to my comfort zone.

Kasala go burst ooo.

I will re-calibrate and wait at the #1 region.

DFM comes to mind

owoblow77:
Bruh Witches, I have an update. Bruh Veecovee has suggested that he will bear the sacrifice to the point where the 3 roads meet. He also said bruh Agba and sister Mercy should hold the night vigils.

alone?
Agba (aka koboko) helping all the women since 1914

PETERiCHY:
We have peacefully relaunched back to UACN @8.10k.

N8.00k junction used to be a VERY STOCK SUPPORT.

LOCO, AGBA & other BARGAIN HUNTER TAKE NOTE! Maka ndi Utaa

*ThE OcToPuS*

Queued up @ #8.05 but it didn't get to my turn. Will queue up at sub #8 2moro

Mcy56:
Most of the people here dont do insurance, reason you didnt get any response.
Guess its the usual pumping but you may check their financials so you can decide on what to do.
Also, that price 92k is quite high to me, crossing one naira may be difficult if there's no good news driving the share price......my opinion.

... and therein lies the information (or lack of it) being sought

69k EPS
http://www.nse.com.ng/Financial_NewsDocs/28997_AIICO_INSURANCE_PLC._FINANCIAL_STATEMENTS_FEBRUARY_2020.pdf

Jejebabaa:
Na d dividends trapped me boss. I wont repeat such mistake again.
Dats why I need to learn more from boss like you. Now lesson learnt, I will not sell a bank to buy another bank when the market is tanking since they both move together.

Of course you sell one bank and buy another one, it all depends on their current behaviours. We know that they do not always exhibit a synchronous movement.
Ex, i was carrying Fidelity and Access, Access started correcting before Fidelity. I sold Aceess days before Fidelity. If i decide to repurchase Access, i would have gained a bit.

debeey87:
I asked this same question in January but no one responded. Big volumes exchanged hands last month for like 2-3days in a row. Abeg anyone with special info

I ask again?
currently on full bid of 8m+
I have been carrying a relatively small quantity here

PETERiCHY:
Bailed out with cool 55% mid-jan.
it's now trading 24% below my exit price and planning to reboard @ circa N7

BARGAIN HUNTER TAKE NOTE!

You always claim to have bailed out just before any particular share tanks OR to have purchased just before it soared. When I grow up I'd like to be like you.

Intendy:
Stock with new 52 week lows

CAP #22.60k

Stock with new 52 week highs

Law Union #0.84k

what's the deal with LU?

TLAX:
You can always complain to NSE and get the balance if you are sure you gave a limit order and they didn't honor that. read your sale order mail very well. Going from the antecedents of that company as discussed here in the past I think the priority should be to get out your money they are holding onto first and then chase the difference later. By the way, you can simply transfer your CSCS account and all the shares in it to another stockbroker without having to first sell the shares. Its a seamless process.

Yes, it is seamless only if the current brokerage house is responsive & committed to the transfer. Otherwise, it could linger and frustrate the hell out you.

Mpeace:
Fidelity might give better dividends this year. I project(hopeville) 30kobo pershare.

I believe Access will have a superior total return (especially if I can re-enter @ around the #8 mark)

Sold my Fidelity @ 2.12 today
Sold FBNH @ 7.25 last week
Will line up FCMB, ETI, STANBIC, WEMA & GTB for sale tomorrow.

I plan to concentrate my bank holdings on Access, UBA & ZB

No more diffusion

Keep an eye on ...

call me messenger of doom, but leave the messenger alone

PharmAlfred:
Is market some supposed to be going down during earning season. Yes, the market is irrational but NSE is all shades of odds. It goes lower, people will buy more.

Gbam, as was the case especially in 2014 (or thereabout). Whenever a company released a good result, the share price tanked!

It has happened in the recent past, it can happen again.

mendes911:
abi N17?

#Bike.

Impossible is nothing

Princkez:
What's holding FO results

Chefs

Interesting read for those of us investing in Lafarge Wapco based on fundamentals

https://www.proshareng.com/news/Stock---Analyst-Updates/Nigeria-Cement-Market-s-New-Chess-Play--/49120

PharmAlfred:
This Notore Chemical people have not made a dime since they listed on the stock exchange. Loss every time. The promoters of the company must be very fraudulent or iioutright crooks

9ja style.
The company was privately held when it was profitable. As soon as the meat is run out, they quickly listed their shell.
I don't believe anyone here is holding this shell.

Agbalowomeri:
They all thrived on sabotage

I like your comment. However, Conoil did very well relative to their peers' result we have seen so far.

I have a small stake here shaa

Mcy56:
Proposed dividend is 50kobo not 104k.
104k is earning per share. Pls check again.

EPS of 104k, I never implied dividend (no dividend has been announced, the result is un-audited anyway). The 50k is the dividend declared last year but paid this year! Dividends are accounted for in the year they are paid!
Revert to my comment yesterday Re: dividends on un-audited results

Afriprud 104k
http://www.nse.com.ng/Financial_NewsDocs/28941_AFRICA_PRUDENTIAL_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

FIDSON
http://www.nse.com.ng/Financial_NewsDocs/28943_FIDSON_HEALTHCARE_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf

Onuokwu:
That's about N1.03k profit per share...charges inclusive.

at all at all ...

mendes911:
Yes, but he was weeks late both on when he called the bulls and when he called out the bears.

#Bike....oooooo

you'd rather he called the exact day and time?

Mcy56:
UACN may have bottomed out at 8.50. Support at 8.50.
Bargain hunters take note and do your DD.

UBA back to 8.05. Access on recovery journey.......

Nne leave that support business.

I really don't know what folks were expecting from UACN 2019 YE results