Bigjay01's Posts
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Zagee:excerpt: The November ruling implies the “coast is clear for enforcement of the judgment of 2010,” said Lucius Nwosu, one of the community’s lawyers. “First Bank will not honour their guarantee because they, at their own peril, failed to get a cash backing from Shell before they issued the guarantee,” he added. |
IYGEAL:not by any chance, it wasn't a dividend paying stock so the N45-50K (after all buy/sell commissions) has been eroded by inflation! (time value of money in view) in 2009 when i did the IPO, I changed £1 to ~N200. Do the maths! I don't normally quote figures, but this is to put things into context and sound a note of warning to newbies Do not get carried away! |
IYGEAL:had been in my portfolio for the past past 11yrs (last purchase Nov 2011). It is not a stock I would have purchased based if i had known what i know now. It can go on and do another 500% from here (I couldn't give a rats ass). I rather buy UGAZ at current prices 1 dead wood down, a few more to go |
Offers side of JapaulG has shown up. I have just sold off all my 280k units @ #1.49 Don't care what happens afterwards Bye! |
Mcy56:His current holdings will be reconstructed. He only missed out on the bonus. |
... and the cycle restarts #OnlyForTheInitiated |
emmanuelewumi:When you send money back home and give a carte blanche to your broker. Investing in NSE cannot be an arms length biz. A lot turned good though. #StillStanding |
Mcy56:Yes, you flagged it! The wound it inflicted in 2008 was still fresh so i jumped and passed ![]() Japaul in my portfolio will turn 8%+ tomorrow (after 12yrs) |
GANDALF1:I am still here sir. As dumb as i was then, i seperated chop money from NSE money. I would have broken even 5 yrs ago if i took profit as and when due! You know how many time i have watched a few stock in my portfolio turn 40+% only to return to -ve after the cycle. The opportunity cost of the events of 2006-2009 plenty shaaa |
megawealth01:I survived 2008! There have been big wins since anyway. I am about to recover from Japaul, Lasaco, (NEM has turned good profit, thanks to averaging down) Others still very red are Omatek, Multiverse, Resort, Chams, (Bigtreat ) , Dunlop, Staco, IEI, Transcorp etc |
GANDALF1:mathematically impossible unless you position turns -ve! |
Leggitsam:Thanks bro |
Even Omatek gained max! (to think i bought this @ #2.8 many moons ago, chai) Time to check out word on the street. As soon every Joe starts talking about NSE, time to ... #DeadBonesDoRise |
9free:I need SMAN application form jare. Any help? |
KatchyKobo: ![]() |
Dabbled into crypto. Bought some litecoin on 03/01/21. Let's see how it plays out. The volatility na die |
Mcy56:was carrying 130K units @N1.30k/unit |
Japaul do do me shege. I have been carrying 280K units @ #1.3 for more than 11yrs (last tranch bought at 65K on 15/11/2011 all in the name of averaging down) same story with MBenefit, was carrying 130k @#1.3 fore more than 10 yrs. late last year, i noticed an unusual bid volume. So i dived in and bought a 7 figure quantity that avegred me down to 22.5k Maybe some school fees does get refunded ![]() Dead bones do rise afterall (Don't know about Staco, UNIC, IEI etc) Yes, i have them all. I was a money-miss-road ![]() |
Mcy56:I flagged it 2 months ago. bigjay01: bigjay01: bigjay01: |
Mcy56:aint no rocket science, has always been the trend. all na positioning for earning season |
megawealth01:invitation to spam! Edu Brazil ![]() |
Princkez:got in @15ish over 2 years ago! |
Something must be brewing here. Whatever it is, yours truly is well positioned @23k
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emmanuelewumi:I don't quite have the volume I need. I wanted 1m units. I picked up a few at the #3.2 levels, hoping it would come down to the #3 or lower to complete mh target. Some people just jack up the price like play like play. I picked up a few at #5.1 today, am very reluctant to raise my average above #4. |
ukay2:For me, I need something that will generate immediate CF. UPDC is not yet there IMHO |
ukay2:I missed out on this. by the time i had time to analyse, the quali date had passed. been buying on the floor from #3.20 Ok make una supply liquidity na |
These Custodian guys really mean business http://www.nse.com.ng/Financial_NewsDocs/32118_UACN_PROPERTY_DEVELOPMENT_COMPANY_PLC%20UPDC_ANNOUNCES_R.pdf #GetRidOfNonPerformers |
ukay2:Got quite a few of them Keeping historical documents na my OCD. I just scan them to the cloud ![]() ![]() |
rebekah2011:As at 2019 audited result - O/S 11,330,204,480 (a) - Rights issue based on 5 for 13 added 4,357,770,954 (b) - 2020 YE 1 for 5 bonus issue (increase (a) by a factor of 1.2) - 2020 Recapitalisation 1 for 5 bonus issue (increase (a) by a factor of 1.2) (a*1.2*1.2) + b (11,330,204,480*1.44) + 4,357,770,954 =20,673,265,405 However, the premise above has been superceded by the latest adjustment to the corporate actions. The bonuses were adjusted to 1 for 8 & 1 for 5, and the bonuses would apply to the rights as well. Therefore, I believe the O/S will eventually be adjusted to (11,330,204,480+4,357,770,954) *1.125*1.2 =21,178,766,835 From the above, it appears that the second bonus has been listed. However, I cannot recall any price adjustment for this. |
yMcy56:there were some UCAP we picked up @90k in the analogue era. |
NSE still de owe me sha School fees (I paid a fair amount)
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) , Dunlop, Staco, IEI, Transcorp etc