₦airaland Forum

Mcy56:
The land is becoming greener. UACN 5M+ bid again 900k offer.
They've shouted it tired here. No one should bring bad belle when it starts going up again.

anyhow we dey kanmpe M..llicious

Mcy56:
It's a good strategy, just leave it.
Access will still drag it up.
You know say me I be 'opelenge' in oga Oracle's voice, I no fit compare myself with the Orobo and heavy weight people like you.

Hopefully as long as result dey good ..q3 /q4

Mcy56:
In fact I tire for the stock. Too slow.
I already sold what I have self since the thing no wan 'gbe body'. That was how I lost money on it in the last final dividend. May come back after mark down. I no fit shout.

Wanted to sell ,am at 6.45 now loaded.. averaging down since final div this yr ..be like say i go leave am after chopping inter div , it goes down i fit buy more , if bull comes along the way b4 FY that will be good
The thing no wan move

Mcy56:
Must you be there before you consult for those inside? Be say you never ready for this work self.

My Oga ifa patapata say make we no consult for now

Mcy56:
UBA qualification date is today.....for dividend lovers.

Ttoday or tomorrow

Tomorrow it will be mark down ?? The thing no move see as access dey go up

Mcy56:
This is a kwesion meant for the Oracles not me.
In my understanding anyway, it's a positive news but it seems people are less concerned about the 'is coming' news again. We want to see it happen first......speaking for myself oooo, lol.

Lancee your attn is needed to consult ifa on transcorp, you be my senior.

Mercy I no dey transcorp train oo...But if i see the train moving I fit jump inside ..make i go consult ifa to see wetin go happen

old OANDO

currentprice:
see gtb volume early in thy morning

over 3B

[quote author=bigjay01 post=81962075]http://www.nse.com.ng/Financial_NewsDocs/27498_ACCESS_BANK_PLC._CORPORATE_ACTIONS_SEPTEMBER_2019.pdf


25k

currentprice:
u will be surprise if u understand the guy's game. the probability of him be in d train is above 50% or planing to enter the train, instead of him to come out clear for advice he seek indirect confirmations. he believe when he mention ridiculous price pple will come out for the fair price opinion

child play

Exactly
Awon ti Union

currentprice:
Lol.. we understand all language

OGA mi current affairs God bless jare

Agbalowomeri:
Oga you get hangover ni? I no understand your speaking in tongue

ASK oga current ..na so I dey speak my own to decode

Agbalowomeri:
You mean Mr. Market

Noo na Mr all rounder ..mr mkt don do peller magic for am since days of SMN

He is always right shaa ni ...gbogbogbo
All rounder

onegentleguy:
A CHOICE BETWEEN UPDC and UACN... part 2

In my view, the move to unbundle or possibly divest from some of its loss-making and not-so-profitable business segments is coming a bit late. ...though better late than never.

Just a few weeks ago, the group(UACN) gave up its majority stake position(51% before then) in their logistic business arm(MDS logistic) to the core investor(imperial logistics). ...taking their total stake to 57% and reducing that of UACN to 43%(an 8% swap).
That arm has witnessed a difficult path to cost optimization(higher CoS) and dwindling revenue, despite the groups effort at curbing down OPEX. Worse still, is that vol has been on the downward trend for some quarters now.
I think it will be best for UACN to consider given up more stake in that arm(logistic) of business to aid leverage.
I also think the quick service restaurant arm of business should be divested from in totality. ...think UACN holds more than a 50% stake therein.

However, the move to give up of its entire stake in UPDC(64.2% as at H1, 2019) is the most STRATEGIC move to growth if u ask me.
The increased revenue witnessed in Q2, 2019 by UPDC is not sustainable. ...especially when u consider the fact that any drive in sales has always been bitten down by high interest payments.

Good a thing, the group(UACN) is gradually recovering its mkt share in the Agric feeds business segment(H1, 2019 in view). ...while the packaged foods(UAC foods) and paint business segments are doing great.

At the current mkt price, I have no doubt in my mind that UACN holds in it, a lot of prospect. ...a lot of inherent VALUE !!

Well appreciated bro !

Be like say access has to move up to allow uba ...obeservation

GTB todays rate


MATURITY
TENOR
RATE
26-Mar-2020
205
11.00%

23-Apr-2020
233
11.50%

18-Jun-2020
289
12.00%

Yama y...

oga ju

Mcy56:
UBA did not have any biz staying in the 6naira region, it should be at the 10naira arena at least, don't know why Mr. Market is just punishing the stock.

......but lancee you like wasting space o.

..

[quote author=Mpeace post=81789265]Recall that they paid diamond bank share holders over 24billion naira(N1 per share) and still managed to pay their shareholders 25k per share. Sincerely speaking, they tried.
They will not however give any satisfactory excuse for an interim dividend below 20k[/quot








They tried ..Hope they re not busy cooking their book to satisfy shareholders diamond takeover

Chibuking81:
They are still cooking their result. They want to always stay ahead of UBA, but UBA seems to be better than them. SEC should come with a new rule, that every company must pay 50% of their earning, with that cooking practice will reduce.

Was surprise at uba result coming out before access ..Access notified the shareholders of their meeting long before uba

Hope they won't come out with 10k div ..same they did for final yr div last yr paying peanut 25k[ if am correct ] while uba paid 65k

I hope all is ok with them .. Sold 90% of my access ..after result will act

Mcy56:
Lancee have you seen this?
http://www.nse.com.ng/Financial_NewsDocs/27464_FORTE_OIL_PLC._CORPORATE_ACTIONS_AUGUST_2019.pdf

I noticed this too cos it doesnt have definite date yet. I called Morgan and they said we can still go ahead and submit the signed form.

Didn't see it ..just read it ..No date for now

Hope evrything goes smoothly

Mcy56:
There is definitely more to this than we know cos they are willing to pay the 66naira.

Yeah ..u got it

Mcy56:
My dear, this FO issue seems real!
I saw the mail. We are to fill form and submit for take over/payment processing. Abi na my eyes dey deceive me ni?
The acquisition price is even 66.45.

..Same me..was trying to compare it with the comment Oga Mendes said yesterday
I think its real..they re just about buying not that they ve bought and now informing us


Even if person no sell to them ...I think they have seen something at that price we re not seeing

The core holder of FO Share (Ignite investments & Commodities Limited) is looking to acquire additional 500,000 unit of FO shares from its current share holders.
The acquisition price is N66.00 per share, which translates to 301% premium to the closing price of FO shares as at 29th of August, 2019, FO closes at N16.45 per share.

Interested share holders' should kindly fill the page 23 & 24 of the attached Mandatory Take Over Form and send the filled acceptance form to us for processing.

Regards,
MorganCapital Securities Limited

Has anyone seen email send by morgan capital regarding F0?

Mcy56

Access whats is goin on..be like say some pple don see result

Higher offers

aremso:
Many thanks, was thinking is 29th

Edited ..sorry think 29th just double check on nairametrics now

closure of registrar na 3oth

aremso:
Pls when is zenith dividend qualification?

I THINK ITS 29TH AUG

arduino:
My NSE School fees so far @ over N600k (year to date)
Biggest contributors to the fees are FBNH, UBA, Transcorp and JB.

Bearish season not a good experience