₦airaland Forum

Tbills be falling like tomorrow no dey.
Make una no vex for the long picture. I no sabi edit picture. Dem no tish me 4 skool.

owoblow77:
Anyone working in UACN in the house? Was the meeting bam? Please hint us o, I really can't concentrate here o.

I no understand all the anxiety. But I thought the UACN meeting was meant to approve budget for the unbundling. Me think the unbundling will only take place after the UPDC rights issue is listed. The proportion of share to be allotted is already known. So what news are people expecting at the moment?
Bet wetin I sabi sef

Mcy56:
UACN still intoxicating Peter.
Oga Oracle dont mind him, he's one character on his own.
Some weeks ago when the same 'old cargo' was shouting bank stocks, he keyed into it o.

Lol. Same thing he did on Oando @1000, and Wapco @ 3Euros.
But I pray he makes it this time around

Premium board totally red at the moment

Mcy56:
Dont be a banana but you can be an apple instead.

Classmate, apple kwa? Hmm nothing Aisha no go see for Aso villa.

mendes911:
You forgot to add with "All Due Respect".

Lol. Make I just put'm here: With " All due respect"

Non-interest income came in strongly during the quarter (+60.5% QoQ to N12.3 billion), largely bolstered by reversal of c.N4.8 billion relating to provisions for litigation deemed no longer necessary. Other components of fee income were relatively flat QoQ.

Adjusting for the impact of the N4.8 billion litigation-related reversal, which we believe is non-recurring, FCMB would have made a loss of c. N1.5 billion in Q3'19. This is concerning, in our view.https://www.proshareng.com/news/Stock---Analyst-Updates/FCMB-Group-Plc-9M-19---Earnings-Falter,-/48243

FCMB result is not good. But the "promoters" will not let it fall. Not without a fight.

DOLLARTEX:
guilty conscience?youngman respect yourself!

Lol. I had to read the post again to see where he was mentioned, but couldn't.
Now I know...

leo1234:
Another uppercut given to an innocent man.
This octopus must be a wicked person.

Nkasiobi onye no n'afufu.

YourCoffin:
He is right though. That is the price they will be listing

The problem is not the listing price. Rather, it is "the scheme of the arrangement". What amount of the new entity would be given to ccnn shareholders,
...and what happens after listing, given the 35billion OS.
Remember that wapco is a bigger cement company than the new entity, yet market has left wapco at 14. So do the maths

mendes911:
It's on full offer sir. You can't miss out if you keep buying.

Lol. One chanceS

Uchetoba:
My Exit target for UACN was N80

I am not surprise they said N96.

Ucheson will always be Ucheson.
Maybe this one go click.
Not that oando N1000/2% misadventure.

I decree that you shall not have any reason to change ur moniker...

hisexcellency34:
Serious manipulation going on in Oando....Thunder punish Wale Tinubu. The stock is trading at 3.85 but they have been selling for people at 3.50 while buying at 4.30

This one hard oh Bro, pls break it down abeg you.
Na where them dey sell oando at 4.30.

RabbiDoracle:
Yet people will come on the forum and say if you make 10%, you should just sell off and run.I just laugh.

People who didn't take part in the biull are not happy.

If I need 10% I will just do Tbills or fixed deposit. Ayam interested in 100% and above, if it doesn't, come then 50%. Too much left to achieve.
no time to check time.

RabbiDoracle:
Most people are sitting on pretty good gains now


FBN: 66%+ gain

FCMB : 30%+ gain

Fidelity : 25%+ gain

UBA: 36% + gain

GTB: 17%+ gain

Access: 68% + gain

Zenith: 16%+ gain

3FUGAZ!

and market never grind beans o!

I am guilty on FBNH, FCMB, FIDELITY, ACCESS. I pray for light sentence Sir.
Pls make una temper justice with mercy.

Bbbwings:
THANKS O
I FINALLY JOINED YOU GUYS

Na water you want use wash'm down?
Haba.

Mcy56:
Wrong sir, it cant be bucket 3. Bucket 3 still leaked water into bucket 5, and it cant be filled up either.

The tap is closed on the top of bucket 5

bigjay01:
that is what we thought 18mths ago!

Why did you think so? It just happened in q2 & q3 2019. You got wrong signal.

Mcy56:
Chai!!! This is Oga on top stoning!
Big boss, the thing tire me jorr, I ran from FBNH at 6.85, back again at 7.30 today.....but I've determined not to exit this one no matter what happened and for as long as the bull is around.

FBNH can only go up. They have substantially written off their NPLs. Impairments should reduce, going forward. PAT can only go up.

It have happened. FBNH don't pass UBA. We chasing Access.

DeRuggedProf:
After you take loss from Wapco run to FBNH. everything will reverse, Wapco will start rallying, FBNH will then start ranging.....

I no go sell any of them. I must chop all.
It happened to me once, it will never happen again.

locodemy:
You know I will not like to get any recommendation/pick from you especially now all my cash is thrown to the market.

I sought your opinion for many days when I offloaded Transcorp to reinvest in a stock you recommend but you didn't.

Thank God,I am on the right stocks these days.No wahala.

True true,Wapco is mpeace stock not Loco.
He is the one that debated with me that Wapco will double before Uacn If you can remember.

currentprice:
if i hav mention Loco stock, how will u throw the stone u first throw

i know u will fast decode it if i attach loco to d stock. now that it has been decoded.

the stock is now officially Loco/Mpeace stock

WAPCO wey no want move. If only I put the money I invested in wapco for FBNH, I for don hammer.

FBNH, doing us proud. We catching up with UBA, after that na Access.

mendes911:
How? What happened to the bull?

Za bull went to za stream to pech Sam Wota.

DeRuggedProf:
We are gradually getting to the bend......

The worse was when I heard last Friday that First bank was offering fixed deposit investors 3% interest rate per annum. No secondary market tbills available. All were cleared before they even landed.
NSE can only get better.

rebekah2011:
The more I look at Transcorp the more I feel for every one of its shareholders. Over 100b in loans as at Q3 and 10b plus in Finance costs. Unless TOE is going to borrow them money to buy that Afam Power, I do not know where the money will come from oooo. I expect CBN to also tighten its regulatory role to ensure that UBA is not further exposed to Transcorp. The majority of the 100b loans must be from UBA. Adding more to it is just too dangerous. The saving grace will be if the FG allows the Power sector to charge cost-reflective tarrifs. people like trading Transcorp because it is a volatile stock that brings short term benefits they completely ignore the long term risks. I am not a fan of debt-riddled companies and I do not know why people love the company so much. It happened to be my very first bad investment. Never going to touch any company with debts.

Do you know how much is owed transcorp by the Federal govt and discos? Try find out, then you will see that no genco should be in financial mess.
They will surely source money. We no really care where.

OakPearl:
FBNH trying to make a name for itself on full bid.
Clap for the elephant.

We making money mehn. We don't need no fundamentals. All we need us sentiments. Me and fbnh doing 40% already.

For the sake those of us in wapco, and our friends in UACN, let the bull go round oh.

Agba, I hope say network dey ur village make you for see wetin dey happen for here.

Meanwhile, Access don throway some people in the name if Profit Taking.
Its like some people don't know what Access has become. THE BIGGEST BANK IN WEST AFRICA(by asset)
It still has a long way to its fair value.

emmanuelewumi:
The shares exchange ratio was very faulty, they succeeded in cheating holders of CCNN shares. Similar thing will happen with Obu

Very true.

TraDeRR:
CCNN @ 5 naira! Some people get mind to hold stocks sha

lol. Although I am sure the new entity will not sell more than current price of ccnn, I doubt the N5 valuation. I will rather go with 7-10 naira per share.

If I decide to sell all my transcorp today, I will just move the proceeds to Zenith without delay. See volume. Over 280million units so far.