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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:20pm On Jan 28
Penboy:
I think Fidson's pull should drag GSK up too.
Anyways, Limit at N7.

Let's watch.
GSK is heavily undervalued... It has no business doing one digit

4 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:11pm On Jan 28
Mcy56:

I read somewhere that another coy is buying CHAMPION over, could be the reason for the continued interest in the stock.......
I want see where this will lead to...

Note...

I have made massive gains oooo... This isn't a buy recommendation
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:55am On Jan 28
nessot:
UAC-PROP inching towards FULL BID...

They have been singing the song here for some days now...

Many didn't know what happened in the last few days... Na power tussle play out me I use the opportunity dey buy grin

In another news my champions on full bid grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:39am On Jan 28
OBAGADAFFI:


Compared with industry pairs, it is still cheap.
Well things don't work that way... Mr Time will do justice
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:35am On Jan 28
Heishere:


Unaudited result is out and it is poor
Thanks
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:00am On Jan 28
What's happening to CADBURY... Why South? Is result out and poor?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:59am On Jan 28
Mcy56:

Why not try and do some readings on this thread?
To even say this was extensively discussed yesterday??
I tire oooooo

Are you seeing Japaulians ballings grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:58am On Jan 28
I will advise people to go buy GSK and MayB even if na small... It is expected that those coy will shock us all...

This isn't financial adviser... DD always applies
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:51am On Jan 28
Deadlytruth:

Could go on technical suspension unexpectedly.
I will keep rocking it till then
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:48am On Jan 28
My fellow Japaulians hope today will be BULLS day? When should we exit biko nu? Will it get to IPO price?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:46am On Jan 28
kintus:


Will M&B see a low tomorrow considering the move by NASS to suspend local production of vaccines

I didn't buy MAYB because of the so called vaccines... I have GSK and MAYB because I know they will deliver this year wella
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:44am On Jan 28
Na LOOT from penny stocks I dey use buy better stocks grin
Biafran4life:
The guy na CBN
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:09pm On Jan 27
yMcy56:

Some insiders are dumping, maybe there's an announcement to be made or maybe its result. They may eventually be wrong and regret dumping the stock.

Either way, UAC-Prop is good for pick @CP or below for medium to long term.....just my opinion.
This kind of dump also happened with CHAMPIONS... I aren't surprise sha... Let's see how the days ahead will look like

Abeg DD always oooooo
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:58pm On Jan 27
onegentleguy:


So I took a second look at the current health stand of UAC-PROP… drawing from the company’s financial print in the last 5 quarters.

There are negatives, but then there are more positives than negatives especially in the last 6 months… with certain KEY indicators signalling the likelihood for more in the next 3.

At the height of the positives is the deleveraging and restructuring efforts (including possible divestiture) by the new BOD and management team.
...a few highlight;

>> The coy has begun a restructuring of the BG/facility management division of its business. …which was undoubtedly a key part of the problems that badly impacted its cash flow/CGP given its high reliance on external funding(EFIR in view) and weighed down its balance sheet.
…this is KEY!!
>> The NTS also shows that the company is looking to take advantage of the low rate environment to position it towards having a healthy CF and ensuring a better yield on asset base. ...so it gets to keep a little more of the cash it makes and not literally just working more for the banks.
The planned redemption of its approx N4.36B series 1 bond on the 21st of April 2021 is another plus to the deleveraging/restructuring efforts. The new core investor(custodian) might in fact, be pumping funds into the coy.
>> The back to back huge drop on CBM/CBR(cash runway in view) and EFIR… plus jump(to the +) in the coys ROTE and EM lays credence to these efforts and signals a likely turning point of inflection(+)

Worries…

>> The company made provision(via revenue guarantee) for a $2M loan secured by one of its JV partners, First Festival Mall Ltd. The JV partner(First Festival) had failed to repay the said loan on maturity.
and so UAC-PROP is currently in discussion with the unnamed lender to broker a repayment plan.
For a coy that’s just coming out of the woods, $2M might be a bit too much and could pose a treat to recent efforts at cubing down their debt burden and boosting profitability.
>> The coy needs to be more aggressive at managing its cost line across board.

Bottom line:
Likely VALUE accretion carries much more weight than surrounding risk.
Put differently, REWARD is clearly well ahead of the combination of RISK and current mkt price with my FVE assuming zero growth in Q4 and attaching an above inflation risk premium pegged @ N1.81

…BUY!!

Inquisition…

Of the 5 BODs who recently(precisely Jan 4th 2021) stepped down from the board of UAC-PROP(Adekunle Awojobi, Professor Okon Ansa, Mrs. Awuneba Ajumogobia) including the former Chairman(Mr Babatunde kasali) and MD/CEO(Mr Folasope Aiyesimoju), the 1st 4, holds a collective near 149M units of UAC-PROP, with the bulk of approx 148.6M(circa 5.72%) held by the 1st(Adekunle Awojobi) the representative of FBN Trustees.(an arm of FBN Quest)
Could it be that the huge sales in the last 3 trading days are that of Mr Adekunle Awojobi/FBN trustees? If yes, why are they selling?
Why didn't FBN Trustees bring in another indirect rep?

For emphasis, the other 3 BOD members including the Chairman, Mr Kasali holds just a minot less 130,000 units.

CAVEAT: The need for due diligence should still take higher precedence ahead of this post.
Again my advise would be; follow ur instinct.

Selah
This is insightful and accurate... The truth remains that CUSTODIAN mean business... I expect UAC-PROP to perform in the midterm-long term

Note

I'm heavily loaded in this coy so I am speaking for my money grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:19pm On Jan 27
yMcy56:
WAPCO:. 29.60! Up with +N2..... shocked

UCAP: On its way to N6!
Seems some insiders have sighted the result........we wait and see......

J-GOLD: Full bid....... grin
cc: @Peterichy

FBNH: 7.60! shocked
Dangsugar: N20.50......
JBerger: Sighted above 20! @20.60 now! shocked
J-G Baby shocking enemies time immemorial grin

We soar this time grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:26pm On Jan 27
grin
veecovee:
Wow! ... bought some japaul @.71 this morning. I'm tempted to sell.

But no. Not today grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:24pm On Jan 27
yMcy56:

Let's wait and see.........
The Custodian boss already moved in to UAC-PROP.....
WOW that's too revealing abeg take small small dey dig na grin

Although I didn't buy UAC-PROP for JIJO sha but you can't predict a trader
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:54pm On Jan 27
yMcy56:
UAC-PROP:
Seems something is happening in that stock.........
Na megawealth wan monkey HUNT grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:32pm On Jan 27
yMcy56:

You made the right call here. cool
That's why I said people no sabi this market if they do they will be balling weekly grin
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:21am On Jan 27
IYGEAL:


You should have your reasons; to each their own.
All na risk... If only people understand this MARKET grin

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:00am On Jan 27
Princkez:
I suspecting merger/acquisition
I will see to the end of the GAME
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:59am On Jan 27
Bbbwings:
41 million bid on ucap has turned to 21 million.
The masters are at work
Na manipulation? grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:46am On Jan 27
Zagee:
Whoever is buying champions at 2.58 is only going Long.
Only Mr. Market will decide that sha... For their parent to buy at 2.60+ they have a game for sure either gamble or some news... Champions has truly rewarded me... I must see the end of the GAME grin

I am expecting UAC-PROP to do me well too as I have been buying this COY since last week... I stopped buying YESTERDAY angry
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:16am On Jan 27
Champions has proved that here doesn't influence the NSE... I expected small offer but none... Abeg I will stop selling jare... After all I have made my capital and excess profits... Let me leave the rest of the units and see where this will lead us to
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:41am On Jan 27
4tunebest:
Good Morning everyone.

@emmanuelewumi and other gurus in the house, please I need your opinion about NAHCO for mid-long term investment. Investment is for dividend purpose only.

Thank you for your time
In my opinion they won't be paying dividend till 2022... So if you are investing do so for long term kind of
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:40am On Jan 27
emmanuelewumi:



Not talking about the pricing of Seplat. Talking about the brouhaha between Access Bank and Seplat
Ok bro
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:59am On Jan 27
You asked question and you got an answer and NOW grin
Mfunkynation:

May and Barter....
hahahahahahahaha
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:49am On Jan 27
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:43am On Jan 27
Mfunkynation:
megawealth01, what are we buying from today?
WEMA and MAYB nobody should quote me ooooooo

DD applies cheesy

I will advise those going back to insurance to reconsider their decision... NAIJA insurance isn't ready yet except for very few
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:42am On Jan 27
emmanuelewumi:



The CEO of Seplat and Orjiakor are the core shareholders of Cardinal Drilling
I personally don't think they got anything to do with the pricing of Seplat
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:40am On Jan 27
nessot:
It may hit slightly above 2.58 after today's close

I've been selling in batches since this week... Whichever way I choose to sell I always make 100%+ grin

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:39pm On Jan 26
Willie2015:


Not optimistic abt a major correction..
Just look at Vitafoam....Ucap... Afriprud...
Folks are positioning for dividend..
Unless we have another serious virus from China in February...
Only God knows that...
They will still go down low may not be now but it will surely happen

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