₦airaland Forum

My mind is just telling me that FMN is a good buy now. I don't have money for this but for those interested.
Plz apply DD.

locodemy:
This last minute volume in Access,Gtb and Fcmb.
Wednesday trading is looking promising,@oracle,I am with you.......oooooo

That GT and Access trading today no be here. Where are those funds coming from?
If those volumes doesn't push up their share price by end of this week, then there's something else to it.

UPDATED: GTB closed at 29.20. This is expected considering the volume that exchanged hands

Agbalowomeri:
Ideally, one would expect the company to bid up UPDC price for the proposed right issue
But since UACN would be paying the majority share, it pays them to pay less for an increased stake for their shareholders

If I get you right, UACN is a majority shareholder in UPDC, thus, getting higher stake at cheaper price is a plus for them shey? Like boosting their capital base?
If that's d situation, I better still hold on to my tashere units of UACN then, cos it will benefit them in the medium to long run.
Thanks sir.

Agbalowomeri:
This one we dey do here nko?

Lol. Na advanced teach-the-teacher-class you had over the weekend.

DOLLARTEX:
checkmate in two moves lol.

Dollar Baba you play chess right?
I've not heard that word 'decoy' before.
Let me tell you one amusing thing, I played against a Pro sometimes ago; he won first round, I won the 2nd. I was just laughing within me that this guy just allow make I win that round so I wouldn't feel bad.

Agbalowomeri:
Lol the parent company no wan pay too much
It's a give-away to UACN holders

Thanks Agba......but I don't understand.

Ag leventis shell holders, as Una refuse to sell, start processing your e-dividend form with Cardinal Stone Registrar if you haven't done so.
.....but, looking at it from another angle, this hoarding will not pay those who might not want to go through Registrar palaver.......but like someone will say, Wetin consain me.

CashDiMkpa:
http://www.nse.com.ng/dealing-members-site/Notices/UPDC%20Plc%20%20Proposed%20Rights%20Issue.pdf

E ku market o.
This notice was published today, dated today and qualification date is today again. Hhmm, NSE I hail thee.

Plz @onegentleguy what's the correlation of this proposed right issue with UACN? I mean, what effect do you think it will have? Although I noticed it was bidded up towards closing after selling around 7.15 - 7.25 intraday. Thanks sir.

NB: This kwesion is not directed to OGG alone. Make Una help confused newbie o.

Valueinvestor:
Another juju stock,cant really predict what the management could do.it has been doing fairly well in recent times,supported with good numbers.Does not really have too much competitors in its sector.Has been consolidating well around 4.00,thousands lucky to pick some at 3.87.A good end of year result to send it to the skies.

One of the coys whose share price is being punished by Mr. Market, its a coy any dividend lover should have in their portfolio .................... my opinion though.

Nevermind

Vitafoam got patronage in the early trading hours. Their FYE is September.
In the last financial year, a dividend of 25k in addition with 1 for every 5 shares held was paid as dividend to shareholders.
Holders of vitafoam shares are among the shareholders in NSE......and not shellholders.

*NB: Not MH, just an observation.

locodemy:
I have with my Analog Broker.I want to load to trade with my fingers on the mouse and eyes on the screen

Okay. I hope you'll enter at a good entry price. Jut watch your back.

OakPearl:
The people hoarding A.G. Leventis are so upset with their losses they forget there has to be a trade for price appreciation to happen.

They dont need the price appreciation.
Dipo should be one of the shell holders, he was forced to comment on it aside posting links.

locodemy:
something is telling me to load transcorp now
@mercy,should I listen to this voice or consult the witches?

NL witch that's confused self.
Me I be amateur o, but Loco, same thing was telling me to buy on Mon or Tue. I bought but sold it back.
Think it's a good time to buy, looks like it's found its bottom. Those volumes for the past few weeks are more than can be ignored. Make we ask for our gurus opinion as well.
.....but I thought you have it or you want to buy more?

double post

...

Agbalowomeri:
Hmmmm when company begin twerk No be my handwriting o

"The coy needs a little twist and twerks here and there to set a great growth pace". You dis Agba self.
UACN mgmt must twerk to deliver ooo. Make dem shake body in the right direction.

onegentleguy:
Yes, UACN owns a majority stake in 2 key companies in the paint and coatings business segment;
CAP PLC(makers of the renowned delux premium paint brand) and PORTLAND PAINT PLC.
To be honest, that coy, UACN is a great cash asset. It just needs a little twist and twerks here and there to set a great growth pace.
Glad the current management are now doing things RIGHT !!
It is well.

Wow! With right thinking management, UACN will return to the giant it's suppose to be.
Thanks Oga gentle somebody.

@OGG thanks for the analysis.
Surprised to know that portpaint is equally a subsidiary of UACN.
Why can't they all merge to form a strong/formidable coy on the exchange? Just wondering.

The moneybag were just playing with numbers in Access. Na wa o.

edwardaigb:
Is Morgan working? cos mine is not.

Working perfectly fine.

onegentleguy:
Given the current position of their financial print(balance sheet position in view) in relation to their present equity prices, the following coys could be future candidates for a merger, aquisation or take over/buy out:

NEIMETH PHARMACEUTICALS, CHAMS, FO, GLAXOSMITHKLINE NIG, COURTVILLE, TRANEX(trans-nationwide express), UNIONDAC and BERGER PAINTS.
On a side note, a few coys in the financial services sector, particularly the INSURANCE segment 'could also be up for grabs'... so watch that space !!.

Japaul, Portland paint, uniondicon, vanleer, tripplegee, thomaswatt, nnfm, multiverse, e-transact......... Chai! The carcases plenty ooo.
** Just my opinion, looking at their level of inactivity on the exchange. Aside japaul**

PETERiCHY:
TB rates for a whole 1year tenor is now circa13% and you want me to gamble away cool 26% profit that I got in less than 3weeks
Well "CONTENTMENT with GODLINESS is GREAT GAIN"

Lol.

Tornadoz:
Please can someone help me?
I have some shares totalling 1000 units. By the way my mum bought the shares for me in 2006. I want to sell the shares and I'm told as at yesterday Transcorp was selling for #1.04 which means my 1000 unit shares are worth only #1000 or so. Is my broker right?

If the stock is transcorp, your broker was right. Its current price is 1.02 naira.

PETERiCHY:
If your CHURCH can't CHANGE you better CHANGE your CHURCH.
ZENITHBANK now calling last passenger at N18:70k..........................................................Destination Circa #22... *ThE OcToPuS*

Peter has entered Zee.
You sold your FBNH already ? Seems it still have potential to move up IMO........barring any negative news.
Seems the trending thing now is taking short short profit.

Mpeace:
Some said its the essence of bringing down the minimum value of shares on NSE to 20kobo. To ease takeovers and acquisition

Seems it's yielding result. Let's pray it doesn't have long term negative impact.

Mpeace:
This my classmate have join us in looking for scrap metal. That A.G Leventis took everyone unaware. Now everybody dey queue for free cash.

Lol. People didn't see it coming. Guess it's a strategy to compensate the shell holders who were stuck in it, since only God knows when. They lose more if they sell it at currentprice, some might have bought at higher price.

Mpeace:
UACN don try for until now. Make una port to fbnh with the loot, lets start another bull.

Which try? No make I hear that one o.
Make e reach 10 naira fes.

Ag leventis shell holders just dey vex.
They be like: You cannot come and go and be reaping the reward of our labour at the point of de.mi.se of our shells. Una go queue tire.

These 500k and 800k gang on UACN bid table should move the price up na, abi they're waiting for the first person to bell the cat ni? Their rep here should plz wake them up na.

Coolcash1:
Access is on steroid this morning...

I know Access will move up since those 500k gang have been queuing up on bid side since xtyday. Hopefully it will drag dat snail UBA up.

E ku market o. E ku Access bull.
Access 7.70 now. UACN warming up.