₦airaland Forum

Godisfaithful:
Sir, i thought the uncanceled UCAP outstanding bids still stand at more than 48Millions units at the close of market today ...lol

Is this comment correct, more than 48 million bids? Confirm sir!

Godisfaithful:
Tomorrow is another day sir. One step at a time . Whatever the road UCAP chooses to travel, the dividend worths waiting for

Pls what's the bid:offer ratio of UCAP at today's COB? Thanks.

Godisfaithful:
UCAP close with an outstanding bids of 114,732,940

Always willing to assist...thanks my authentic bitl!

Manonamission:
Don't have details but well over 100m bid with no offer at closing

Thanks boss!

Manonamission:
Is this a typo? How can a stock that closed at N1.86 open at N2.16 the next day? The highest the stock can trade tomorrow is N2.05.

N2.16 will give a daily uptrend of +16% which is impossible.

Pls what was today's bid:offer ratio of UCAP at the close of today's biz? Thanks.

Godisfaithful:
13.07

UCAP?

PETERiCHY:
That's the Spirit , the Spirit of Buhari which will only favour the patient ones.

Well some of us are patiently waiting for
All Share index @15000 and USD @N1000.

*ThE OcToPuS*

Peero, make you leave this Octopus matter and stop waiting for ASI to drop to 15k. Invest in solid stocks or abi you dey buy/sell secretly? Even if e drop to 0pt, boys go still make money. If na me, I for don kill the octopus tey tey!

Godisfaithful:
http://www.nse.com.ng/Financial_NewsDocs/12685_UNITED_CAPITAL_CORPORATE_ACTION_CORPORATE_ACTIONS_MARCH_2016.pdf

http://www.nse.com.ng/Financial_NewsDocs/12703_UNITED_CAPITAL_AUDITED_DEC_2015_FINANCIAL_STATEMENTS_MARCH_2016.pdf

Gave the hints during the trading hours that UBCAP result about to be released

I don hammer seriously! You can join my groove!

Jejebaba:
Then add the 1:10 bonus which is equal to 8.4. So u hav div yield of 11.4/ 84.

Thanks a lot!

Elegantreworks:
Bonus is scrip dividend 1:10 is 10%.....

Oh dear, I missed that. Thanks.

Elegantreworks:
Will this help the price shoot up? since yield is over 13%

How did you arrive at 13% yield? I got 3.5% ie Div declared/today's closing price * 100% = N3/N84 *100% = 3.5%. Or am I missing something?

Godisfaithful:
Nothing is impossible sir. Expectations is high though...lol

Yes ooo, na there all my savings dey ooo...lol

Godisfaithful:
My guess is between 0.25-0.30 Kobo

0.30k is my expectation.

Godisfaithful:
1.72

Thanks a lot my bitl. Peterichy now wey oil dey above $40 u no go post d link...wizard/enemy of progress lol!

Current price of UCAP?

jp130:
PLZ HU KNWS D CLOSED price of tigre

2.85

stokfrick:
102 billion naira up for grabs. Dividend yield still 10% at 15.5naira
Supposedly exited foreign investors waiting to mop up!
Market makers creating panic selling here and there for them.
Gullible ones scampering for unnecessary safety!
Na true. Nobody likes free money again. Even the so called foreign investors and men in black.
I just dey laugh. If una deceive unaself finish, make una tell me

Thanks for this smart post...make una dey panic ooo.
Imagine what someone who bought Tigerbrands at less N1.2 and sold above N3 made within this short period. Or the attractive dividends beign churned out by the likes of GTB etc. The truth is that the more the prices drop, the bigger the dividend yield. Buy fundamentally strong stocks and don't mind noise makers like Peterichy who is fast becoming PeterPoory!

bigjay01:
Final dividend N1.55/share

@Born2berich. Nice one on your birthday...enjoy your day!

Pls what was today's closing price of UCAP? Thanks.

specialmati:
What's the price of uba now

And UCAP pls?

jp130:
1.7

Thanks a lot. Please which site gives this update?

Godisfaithful:
1.68(Naira)

Price of UCAP this morning? Thanks.

Godisfaithful:
1.68(Naira)

Thanks a lot! I'm heavily loaded here.

What price did UCAP close today? Thanks.

bigass:
Tigerbrand will soon be on offer

What's the current price?

@ Megainvest et al. Please do you need stock transfer forms for the new eDividend portal? I need an urgent response. Thanks.

Good morning all.

Historically, what month of the year does UCAP normally report their full year end result?

Thanks for your response.

Intendy:
Just to inform the house that almost all banks have commence the E DSS registration

Please what are the requirements? A

joseph1013:
Tell that to the victims of the Paris terrorists attacks. That's one of the things diversity of religions gets you.

In any case, I can't see where I disrespected anybody. He pasted a fable as truth to teach a false lesson, and I pointed it out to him. How is that disrespect?

Laughable...

joseph1013:
That incident never happened. There was no slavery in Egypt. There was no Red Sea crossing in history. All myths and fables.
Hope this would make you make more research about the topic.

Diversity(I believe you know what that means) teaches tolerance and respect for other people's religion irrespective of your personal view. Please continue with your secular life, but kindly respect other religions.

Manonamission:
Dear Sir,
Further to our recent filings and representations to the Dealing Clerks and
employees of the Nigerian Stock Exchange (“NSE”), we write to give a brief
summary of the key matters impacting on our full year release for 2014.
With global Upstream players forced to record significant reductions in the
fair value of their asset portfolios in the last 10 months, we are no exception.
This led to us accepting non-cash impairments and currency devaluation
charges totaling N185.3Bn:
 N130.2 Bn in our Exploration & Production business as a result of
lower oil prices leading to a reduced valuation of certain exploration
and appraisal assets and under-lift receivables owed to us by NNPC.
 N36.4 Bn in our Energy Services business due to reduced drilling
activity and reduced day rates accruable to our rig assets.
 N18.7 Bn due to the devaluation of the Naira, which generated a
significant foreign exchange loss as we import in dollar denominations
and recover our costs in Naira.
Please see the attached presentation for a more detailed breakdown of the
impairments.
While we have impaired certain exploration and near-production assets
(mainly legacy assets), our core producing assets have not been impaired in
any shape or form. The upstream company has generated in excess of
$500m dollars in cash flows, which has been used as part of our aggressive
deleveraging strategy to pay over $400million of debt in the last 12-14
months.
As we gradually exit our investment phase, we remain committed to shoring
up our balance sheet, significantly reducing our interest burden, returning
the company to profitability and take this opportunity to reaffirm our long-term
business viability.

We stand ready for any further clarifications that may be required. Na fight?
Kind regards

Some details in figures too that can't be pasted here.

Thanks a lot!

Manonamission:
You guys think you can spoil Uncle Wale's career abi? See story. Lol

Please what's the corporate action about? The link is not downloading. Thanks