₦airaland Forum

I wouldn't give too much meaning to what a praise singing journalist has written, may be if he was quoting a high ranking Oando official. He's probably just written his understanding of the situation and nothing more. For example the official narrative is that minority shareholder's have sued OODP to buy out minority shareholders, but reading his article you'd think it was initiated by OODP themselves. so inaccuracy in understanding the situation thats all, i wouldnt insinuate anything from this. Btw i own oando bought t an average of 4.40 naira and dont plan on selling until the clouds over this buy out scheme are cleared.

Yes o We cant thank @onegentleguy enough for this (GSK). I personally bought over 2 million units at an average price 0f 6.40, i commend myself also for been patient and holding on for over 18months. Discipline is key sometimes in this stock's world. Cant wait to see what the offer will be for GSK. The excitement today might be hinting some announcement might be around the conrner.

Also make i use this opportunity to thank @currentprice and Madam @Mcy also for pointing out DangSugar. You guys are too much

ololufemi:
May the Lord continue to bless the guru, OneGentleGuy for this one. He has always been firm with his position on GSK being a positive one for the future.

ebuka1997:
NNPC acquires Oando retail stations

Guru’s in the house pls how does this impact share price of Oando especially with privatization still in the background??

Got it... Appreciated!!!

Willie2015:
Account was opened ...
When they accepted Nigerians...
Regulation must have evolve over the years....
With LSE ....No ...

Okay i see....Thanks much appreciated!

seyisanya:
They stopped accepting Nigeria as a country of residence a long time ago. Your best bet now is Passfolio. Other options are: Chaka and Trove.

You can ask further questions here:
https://www.nairaland.com/5669161/us-stocks-pick-alert/359

Thanks... just tried 212, Saying they don't support Nigeria as a country of Residence. Did you experience the same? do you know any other platform that works??

Willie2015:
Trading212

PLs what platform do you use to buy stock off the LSE?

Willie2015:
Nice one from Seplat...
Ve been picking it on the London Stock of Exchange...
With Airtel...
Since price no gree
pull back on NSE...

yMcy56:
Don't Sell your UACN.
If to say you have much fund or asked before now, someone like me would have told you to buy more at cheaper price to average down your cost price.
This UACN relief is long overdue.
Like it was said here before, UACN will be improving going forward......their loss arm has been disposed off, so expect more turnaround from that quarter ......all things been equal.

Many thanks for your fast reponse @yMcy56 yeah N9 was actually after averaging down all i could...bought initially about 3-4 years back @N14 or so...

yMcy56:
@Emmasoft already did justice to your inquiry.
Total dividend = N1.20
65kobo normal 2020 fye dividend + 55kobo special dividend (from sale of UAC-PROP arm possibly).

Yeah very well copied. Thank you @ Emmasoft for your clarification there...UACN is a significant part of my portfolio even though entry price is on the high side... about N9. Will keep an eye on events over the next few market days, would you hold or sell? medium term view in mind with current turnaround going on here and Reit shares delcaration @yMcy56 @Emmasoft @ all of our other esteemed experts in the house....cheers

yMcy56:
UACN:
http://www.nse.com.ng/Financial_NewsDocs/32831_UAC__OF_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_.pdf

CHI PLC:
http://www.nse.com.ng/Financial_NewsDocs/32830_CONSOLIDATED_HALLMARK_INSURANCE_PLC%20_AUDITED_FINANCIAL.pdf

REGENCY ALLIANCE:
http://www.nse.com.ng/Financial_NewsDocs/32834_REGENCY_ALLIANCE_INSURANCE_PLC%20_AUDITED_FINANCIAL_STAT.pdf

MEYER
http://www.nse.com.ng/Financial_NewsDocs/32829_MEYER_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_FINANC.pdf

Thank you @yMcy56 for your selfless contributions here..we appreciate you..is UACN paying N1.20k dividend I see a special dividend in the report...please any comments on this? The price should be going north if I’m not missing anything here...pls elders in the house what’s your viewpoint on UACN based on this print...thanks in advance...

Many thanks for taking your time to respond on this. Much appreciated. i like how you concluded that with follow your instincts, after all my instincts have never failed me so far. you are a great guy!

onegentleguy:
In line with my reply to u above, let me also relate it to this TRANSCORP.
Yes there are surrounding RISK in the coy, which apparently "eats deep into" near term feasible REWARD.
U already mentioned some of those worries/risk like low RECEIVABLES. There's also the worry about weak cash flow position, high LEVERAGE, low AER, low EM and low CGPR.

However, its imperative to consistently seek ways to RELATE the price of an asset to its FVE discounting all worries (attach a % risk premium where necessary) to see if and how feasible REWARD compares to RISK.(again, this is a VALUE INVESTING approach)

Ask urself; How has the race btw RISK and REWARD faired?(MoS from RR peg in view)
Assuming I decide to detach future CF and attach zero growth margin, how will both entities relate to each other?(quest for near term value/return in view)
Finally, how does the drive for VALUE benchmarked against RISK relate to EXPECTED RETURN?

Hint; Can u use a valuation model that can factor in the worries in receivables(low receivable turnover), low Cash position, debt position and all liabilities... but imploys an approach that discounts a % proportion of all lines in lieu of future risk.
Perhaps when u do that, u would see that today's YtD low price of 51k might well be a great bargain irrespective of any and all worries.
That point when RISK makes a mockery of REWARD !!(be the contrarian)
Maybe... just maybe...

cc: @Kaksio and all those who sent me private mails for my view on TRANSCORP.

Disclosure: TRANSCORP is currently not a part of our portfolios. ...just putting out a perspective for those who might wish to consider it in line with their investment objective.
Disclaimer: NOT to be infered to as any sought of recommendation.

My advise? Pls follow ur instinct.

Thanks for the great work you are really helping some of us to make more efficient entries into the market...kudos Sir!!!

BullBearMkt:
Short Term Market Breadth Pulling Back Indicating Buying Opportunities
Advanced-Decline line, a short term market breadth is now below zero while the momentum is on the rise for both medium- and long term indicators. This is an indication for buying opportunities on some stocks in the market.

In my NSE Weekly Review, we take a look at sector analysis where we selected some good stocks for review. Below are the links to the YT videos for the NSE Weekly data Review & Analysis of stocks in some sectors:

-NSE Weekly Review:

https://www.youtube.com/watch?v=Fe6dCREVH7w

Industrial Sector:

https://www.youtube.com/watch?v=Xpw7OLGeLFw
Oil & Gas Sector:

https://www.youtube.com/watch?v=9ubAGIoPzbE
Consumer Goods Sector:

https://www.youtube.com/watch?v=GMTamcVcwk8

PLAN YOUR TRADES AND TRADE YOUR PLANS

Mcy56:
As for me, I will go with UBA if it can fall small to around 6.10/6.20.

Many thanks for your response. will keep watch for price in that range. cheers

onegentleguy:
Divide the funds into 3 parts and proceed to allot;
40% in ACCESS and 30% each in UBA and FBNH respectively.

All 3 coys are currently grossly underpriced and should deliver in the near term.

As u win, come back later to show some appreciation.
...I love Nkwobi and a bottle of non-acoholic wine.

Regards

Your quick response is much appreciated sir! Nkwobi and non-alcoholic wine are very much in order! cheers

Hi everyone... i'm new to NSEMPA though have been reading through numerous pages of contributions by all the great members here... please to all the Gurus in the House would you rather invest in UBA, Access or Firstbank at current prices with capital appreciation in mind? midterm investment in view say 6 -12months. Thanks

cc OGG, Rabidoracle, currentprice, Mcy et al... too many Gurus to mentin