₦airaland Forum

robobo:
i beg my people when is the rescheduled AGM for UBA / UCAP & AFRIPRUD?

28th April and payment same day or on 29/30th.

PETERiCHY:
WAPCO shareholders rightnow

Wapco is presenting a good opportunity at 9-10 region, the covid issue wasnt able to push it below 8.55 intraday. With the improved performance submitted, together with the N1 dividend, I think it's still a good bargain at that region. We should only learn to control our greed.
Purely my opinion.

PharmAlfred:
Something is happening in Transcorp. What could it be?

Not that I know anything o, but Transcorp btw 60k-65k seems good for now........barring any unforeseen incident again.
There's pressure on FG to pay the telcos some money. FG actually announced that they paid them 200M for power but they refuted it, claiming they didn't receive any money from FG.
Also, I posted restructuring news some times ago. It may end up having positive impact. Let's see how it goes.....

**NB: pls nobody should take this as any form of advice, it's just for info purpose. I may be very wrong.

ositadima1:
Nawao, not only that my profit have been wiped out i am now at -0.79%, Guaranty what did i do nou. CC Mcy56

How come it entered the negative region?
Means you bought before the covid issue. Sorry for that, it affected most of us that didn't listen to Oga Oracle then.
Once this dumping bottom out, try and average down if you still have spare cash or you just leave it and convert it to long term investment.
GTB is a good stock, it will still erase the loss.

Princkez:
haaaaa...my FBNH oooo

I told Bomboclad yesterday that we will buy at 4 or below.
Where is that Sister I told to wait for Fbnh at bargain? Start picking small small.
Me I don pick small at 4.05, make we see how it will go.

PharmAlfred:
This week is going to be bloody. Any company that turns in bad result will receive double wahala.

The tide may change again. Never say never in this market......people are still buying despite the dumping........

Panic in market as a result of fall in oil price as well as the mis-information about US crude going round, people mistaken the price for Brent.....

TraDeRR:
FBHN at 1 please don’t tell me I will have to go to luth to look for Transcorp.. I don die oo ! Ha!

This got me lmao.
Stcool can make someone pi.ss for body. If Fbnh is trading for N1, that means the likes of Transcorp, eti, wema etc, will be in ICU, 0.01 kobo. Lol.

kam045:
I'm a registered and frequent user of the website for trading. However, yesterday, i could not gain access. I tried this morning same issue.

Reset your password.
From the login page, click "I forgot my password", it will reset the password.
Check your mail and then use the default passcode sent to you to reset it.

salford1:
I read somewhere that the Nigerian budget was pegged at $57 USD per barrel. Hope it has been reviewed Sha. This downturn might make bonny light hover around $20 a barrel for a long time.

They reviewed it downwards already, around $25 or something, not sure now.

dayleke:
Wahala dey o. Brent crude or crude Brent Abi wetin dem dey call our own nko?
How much be that one?

Our Brent is 26.76.
The Op is just creating unnecessary panicking.

RabbiDoracle:
No effect.
US must cut that their production.
Ours is Bonny Light.

OK. Thanks sir.
Wrong info is currently trending cos some people don't know the difference btw the US shale oil and our brent. At least this clarifies it.

haywire07:
https://www.google.com/amp/s/www.channelstv.com/2020/04/20/oil-price-collapses-to-11-per-barrel-amid-covid-19-pandemic/amp/

@Op why not emphasize that it's WTI and not Brent? Some people don't know the difference and it's wrong to post wrong info just to trend.

RabbiDoracle:
Lots of oil funds are completely wiped out.
Money don go.

Sir, what does this mean for our market?
The $0.01 especially?

[quote author=Princkez post=88664569][/quote]I read the post before replying you now. It was just an assumption, which could have gone the other way.
Anyway, it changes nothing from my view of Fbnh, bargain hunters will wait at the right junction.

PETERiCHY:
From January to December CASH is KING
When do you now put your CASH to use

Princkez:
I bought some units today after listening to their 2019FY conference call

Hmmm. So why didn't you mention this before close of market?
Thought some people here says coys will roll out poor Q1?
Expecting good Q1 from Zee too. Bargain dreamers should keep on dreaming.

RabbiDoracle:
Let's enjoy the next phase of greenish ride.

Amen. Thank you sir.

Bomboclad:
I watched UACN when i saw all the comments. After trading over 400k+ shares @ N6.75, it didn't move. Tells me there is something special about it. Lets keep watching!

There's nothing special about it. You seems not to understand my point here.
There was no block sale of 100k units, hence the price didn't change; that was what I implied.
Even if there's something special, the usual dumping will still occur in response to the poor dividend payout.

Bomboclad:
After the markdown, FBNH would reverse @ N4.2 ...passengers take note!

Bargain hunters will wait at 4 or sub 4.

Funny enough, UACN did not change in price. The way people ran from it even helps a little.

First bank closed at 4.70.
To open at 4.30 or 4.35 tomorrow (it should be 4.32 but the 0.05 movmt applies here).
Unilever doing N12 until the last minute panic dumper came. It's well.

Today's market get as e be. If market reverses again, you'll all come out with another theory.
Lots of uncertainty, panic and upandan in today's market. We see how this week goes.......

abuhusna1:
You are a good sailor. You dey part of people I respect on this forum. God bless you

Lol. My bosses should get all the credit o. Na dem try pass.

seyisanya:
The stock already commenced its journey to a new 52-week low . The full offer is very full!

I expect them to announce their unbundling plan so as to stem the price fall. I don't see it getting bashed more than necessary anyway, it will stabilize once bids starts showing....my opinion.

abuhusna1:
That is the spirit my sister being optimist

Lol. I hope you don't mistook it for monkey hunting, I dont even have Unilever, some stocks I mention, I don't have them, but once I see value in any I mention it for the benefit of those interested. Doesn't mean im always right.
See fcmb, I didn't even wait for markdown cos I don't have time for cardinal stone wahala. The dividend paid was a bonus to all those that heed the call to buy at 1.50 and below.

DeRuggedProf:
UACN made a very bold decision........

Prof, not talking about UACN o, its exempted.
Ardova too. That stock is a big disappointment. Since they did magomago during the offer purchase and changed name, it's been falling.

Princkez:
I understand what you are saying...But I missed UBA below #6 before markdown now see the price after markdown...

Yes. It depends generally on the market situation.
The 38kobo might just be a 'dash' if bull visits the market today.
buying around 4.50-4.60 for dividend purposes is not bad around this time anyway. Only that theres uncertainty in the market.
DD applies. Individuals are to follow what is working for them.

GTB : Done with the pullback? We are observing.......
There's indecision in the market so far.....................we see how it goes.......

Tvegas:
Why is everyone picking on the guy, he wasnt the only one in UACN now.

You dont know Peter, he would have used meme to finish all those inside the bus if not that he got stuck there.
Well, for those inside, its not the end of uacn yet, after few days bashing it will reverse back.

abuhusna1:
I don run sell my unilever to an optimist and buying wapco from pessimists.

Will mention you when Unilever move.................

PharmAlfred:
Hahahaha. You are trouble maker sir. Richy will be like 'who send me's
I wish him good luck. But we are buying UACN @ circa 3.

Princkez:
have you considered what their q1 2020 will look like...remember full year 2019 NPL ratio is below 10%...q1 2020 result might send the price above #5...just my personal view, thanks

Not saying fbnh is not good for pick, but buying today.
Not saying those inside the bus should sell either, they recorded inproved performance so far.
I may be wrong cos the moneybags may show to move the price before end of today's market.
I also have small units and considering selling if they keep dragging the price backward.