₦airaland Forum

UBA COMFORTABLY sitting on the #19 SPOT.

Meanwhile on or before next week Friday we are CRUSHING the #20 BARRIER.

BARGAIN HUNTERS TAKE NOTE!

Mfunkynation:
Hope you know that your projection can't move in a straight line!
but you never EXPLAIN EXPLAIN EXPLAIN tire without EVIDENCE why e never enter #20 as you you projected 2 weeks ago

Wait till their SUPERLATIVE Q3 results is OUT.
UBA heading to FULL BID!
Currently sighted @#19.00k

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Today we added some units to our super Dividend paying UBA stocks.

LOCO follow who know road you say na fast lane business you wan do. You see your life now

After LOADING afolabi units of UBA 4weeks ago @#13.60k some of us are COMFORTABLY sitting on 2m PAPER PROFIT after pocketing #225k INTERIM DIVIDEND.

Today UBA closed @#17:95 we should EXPECT it @#40 junction after release of their 2023 F/Y results in April 2024.

Better join the MOVING TRAIN 🚂 now else you go EXPLAIN EXPLAIN EXPLAIN tire without EVIDENCE like LOCO

BARGAIN HUNTERS TAKE NOTE!

UBA sighted @#17.50k
Their SUPERLATIVE Q3 results is around the CORNER.

BARGAIN HUNTERS TAKE NOTE!

Phlinx:
Mine also arrived this night but already sold all my UBA last week. Will do a quick transfer Monday morning to buy more Oando.
Then will follow that fresh newbie into the stock he mentioned by week ending.
And I still think I will be in time for twice as much UBA! And I will not wait for N30 will come down way before.

Why sell at this point of UBA TURNAROUND

Do you know their Q2 2003 EPS around #10.50. infact if UBA is to be liquidated today each of their shareholders will be paid around #100 per share


BARGAIN HUNTERS TAKE NOTE!

DrAwo:
Now we know your full name... Black tax go full your inbox and Facebook messenger... Loool...

When boys come know your address join am like this ehn, nah kidnap remain...

#JustKidding...

More reason I don't leave a dime in my personal accounts everything stays my domiciliary or corporate account .

Locotrader:
While I agree with UBA I don't agree with Fidelity because you only shew us your account balance.It is like your Fidelity is less than 100k self but why are you behaving like a baby aby you want us to start displaying account balance in a faceless forum?You have a chicken change in the name of dividend jare.

0LODO as you can see the previous #501k deposit on my account yesterday was withdrawn that simply tells you that I don't leave a dime my savings acct.

Meanwhile next week we top up our UBA and still patiently wait for OANDO @t circa #5

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
For those looking for WHERE to HIDE their OANDO loots.
UBA is now available #16.40k.

4 weeks from we should EXPECT another SUPERLATIVE FX REVALUATION induced RESULT.

And by this TIME next Friday we should be JOLIFICATING with our INTERIM dividend.

BARGAIN HUNTERS TAKE NOTE!

UBA interim dividend landed safety

PETERiCHY:
It's people like you that will end up chasing UBA @#60.
023
BARGAIN HUNTERS TAKE NOTE!

UBA LOADING LAST PASSENGERS @#16.70k afterwards #20 here we come.

By next week NUMEROUS SHAREHOLDERS will REINVEST their INTERIM DIVIDEND that will PAID this FRIDAY 6th OCTOBER 2023 which inturn will help BOOST our FUEL TANK ⛽

By MONTH END when their SUPERLATIVE FX REVALUATION Q3 INDUCED results will be released then we will be HEADING to circa #30.

BARGAIN HUNTERS TAKE NOTE!

maishai:
Bua on price reduction of cement is simply courting Government concessions to attract probably more tax incentives on the industry.... Most factories in Nigeria are runned like sweat shops....

My own analysis is dat the cost of building a cement factory line in Nigeria using the cheapest technology(Chinese) is $600million dollars, this translates to #600billion using($1 to #1000), this factory specification is to produce 6million tonnes of cement per annum, factor in a capacity utilization of 60% and you get a yeild of around 3.5million tonnes per annum.........
Nigeria being the country that it is plus the use of chinese technology, you had better recover your capital in 2 years.....If not you are in for a long thing as factories ARE not charity organizations........ This translates to the sale of cement @ about #4300 a bag, the market price is @ about #5500, this means that cement manufacturers are trying to recoup their cost in the shortest possible time(18 months)

What bua is trying to do is to recoup his cost in a longer time frame, a good move but @ what cost and in which country.......Cement production is capital intensive and should attract a lot of tax incentives which d Nigerian govt is unwilling to grant also bua new plant are scaled at half this factory specification meaning that they are producing at a higher cost compared to Dangotes plant........
Well, we cross our arms to see where this moves lead to

Ain't you Happy ALHAJI RABIU want to LET the POOR BREATH

BUA Group has decided to being down the price of Cement effective October 2, 2023.

According to a statement from the Cement manufacturer, the organization decided to bring the price reduction forward rather than waiting till when its new production lines were completed as it had earlier promised.

Based on the latest development, the ex-factory price has now been fixed at 3,500 NAIRA per bag, 'so that Nigerians can begin to enjoy the benefits of the price reduction even before the completion of the new plants'.

The statement further revealed that upon completion of the new plants which will increase BUA production volume to 17million Metric tons per annum, the company intends to further review downwards the price of cement by first Quarter of 2024 in line with earlier promise.

See full text of the statement below

BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023.

We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.

As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.

Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.

NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance.

Signed:

Management
01 October, 2023

Phlinx:
Why should we pay N16.40 for UBA when we can get it lower?

It's people like you that will end up chasing UBA @#60.

BARGAIN HUNTERS TAKE NOTE!

sterlingD:
The above in bold you mean ₦16.40k?

Yes I have corrected it to #16.40k.

It's now trading @#16.80k. 2moro when it get to #30 someone will say it monkey hunting forgetting what an elder see sitting......................................................

BARGAIN HUNTERS TAKE NOTE!

For those looking for WHERE to HIDE their OANDO loots.
UBA is now available #16.40k.

4 weeks from we should EXPECT another SUPERLATIVE FX REVALUATION induced RESULT.

And by this TIME next Friday we should be JOLIFICATING with our INTERIM dividend.

BARGAIN HUNTERS TAKE NOTE!

Zagee:
^Saturated

It will saturate @t circa #5.

BARGAIN HUNTERS TAKE NOTE!

[quote author=DeRugge :-XdProf post=126071454]
You can't make a good deal above a delisting price... [/quote]“Let the poor breathe. Don’t suffocate them”-PBAT

EDUECO:
Oando is a mediocre company!

No consistent dividend in the past 5 years.

The last DIVIDEND I got from OANDO was in 2015.
30k +70k =#1.00k That's 8ys ago.

SOME of us have BEING in this GAME for almost 25ys and do PERCEIVE what will LIKELY HAPPEN from AFAR.

WALE TINUBU can't GIVE you ANYTHING on a PLATTER of GOLD in order words OANDO will go PLACES but not on a PLATTER of GOLD.

FOOD 4 THOUGHT only for those their THINKING FACULTY is still functioning PROPERLY .

As for the UNSCRUPULOUS ELEMENTS that wants to become RICH OVERNIGHT with their PEANUTS their case is IRREDEEMABLE.

"BARGAIN HUNTERS TAKE NOTE'!

PETERiCHY:
Watchout for #16.50k barrier. That was their last right issue price done in 2014. Most will alight at target which will bring some turbulence afterwards up we go

BARGAIN HUNTERS TAKE NOTE!!

Out of our church mind we MADE the above POST on SEPTEMBER 17th to forewarned people to apply CAUTIOUS @#16.50k junction but the NEVER DO WELL feign IGNORANCE of the post and are still looking for THOSE to blame for their PENURIES.

ositadima1:
Oando gave several exit hints to those who use technical analysis, two of which are based on the theory in my Dangote post.

Below shows the 40-day bar chart representing days, Naira traded, % change, and closing prices. While the stock was doing well, the full bid volume traded was reducing, signifying confidence by the holders of the stock. Then, on the 13th, we saw a huge spike in volume, which signified that something had changed and we should have sold the next day at around 10.

After this, there was luckily another series of full bids with reducing volumes, then on the 20th, another boom in volume. Again, we should have sold the next day at around 13.

As a bonus , my newbie breakout strategy: if a stock has been trading in a range for a long time, if it breaks out of the range at large volumes, that's a good entry point. Here my entry point would have been 6.7 or below.

Don't MIND the UNSCRUPULOUS ELEMENTS looking for who to BLAME for their FAILURES. They want to be SPOON FEED on how to make MONEY... RIFFRAFFS.

Streetinvestor2:
He is not any motivational speaker. He is a shame to human.And I pray those driving those his dump trucks if anything he says is true pay him in his own coin.It is the law of nature

Another UNSCRUPULOUS ELEMENT spotted.

BARGAIN HUNTERS TAKE NOTE!

Mfunkynation:
Yes you are to be blame by speculating that it will get to N20, N100, N300

If I May ask does STOCK PRICES go in STRAIGHT lines

PETERiCHY:
OANDO @#5 is a STEAL.

BARGAIN HUNTERS TAKE NOTE!

For the BENEFIT of DOUBT I made the ABOVE POST PRECISELY on JULY 17th when OANDO was TRADING @ circa #5.

BY and LARGE
First week of SEPTEMBER
AGIP/OANDO was ANNOUNCED
OANDO a stock that have been STAGNANT close to a DECADE, RALLIED from circa #5 to #15

Meanwhile some UNSCRUPULOUS ELEMENTS that thinks only im ONE WAY DIRECTION by CALCULATING only GAINS GAINS are NOW LOOKING for to BLAME.

HOW DID I DO WRONG BY CALLING OUT OANDO WHEN IT WAS TRADING AT CIRCA N5

Iamblessed85:
I hope no one listens to this guy anymore on this thread. You and your numerous alternates like Mikeapolo, ProphetUtuocha etc should actually be banned. This is sad.

Now my entire capital is trapped there and loosing value because of you. You didn’t sound like you were guessing when you were promoting it. If only i knew it was for your personal and selfish gains.

I’m sure you also benefit from the posts of genuine people here, why repay them with evil?

If you have DONE your DUE DILIGENCE and take VINTAGE POSITION 2 months ago when we said OANDO is STEAL @#5. You WON'T come here to TYPE this GIBBERISH post.

Rather you are among THOSE that want to MAKE QUICK MONEY by joining the FOMO CROWD when STOCKS are already on TOP SPEED..

Now you GOT your FINGERS BURNT looking for who to BLAME.

Melcapital:
July 17, 2023.

Sept. 4, 2023

Sept. 4, 2023

Sept. 6 2023

Sept. 7 2023

Sept. 21, 2023: response to an intending buyer

Sept. 25, 2023


This bros na confam motivational speaker! Reminds me of those GNLD marketers
Monkey Bargain hunters take note!
Please note that I have no business with nor understanding of Oando. It might go places.

If WHAT you BOUGHT @circa #5 eventually gets to circa #15 within a period of 2months

WON'T YOU TAKE PROFIT and watch out for the next line of action or do you think stock prices goes in straight line

Mfunkynation:
So in 5 words, "You Have Been SHAKE -OUT

Yes SHAKEN-OUT with HUGE PROFIT and waiting to renter @ next STRONG SUPPORT LEVEL.

chinonsobest:
Wow! The days of ConocoPhillips purchase. I benefits a little as a beginner and with little capital. But this time around I am in fully in.
OANDO do know how to push their share price with the media.

For those that THINK we don't STOMACH LOSSES.

In 2014 with CONOCOPHILLIPS news some of us GLADLY bought OANDO @#33

AVERAGE down to #10 and finally SOLD @#9 after WAITING for over a YEAR.

Though it continue DECLINING and REVERSED in March 2016 after TOUCHING #2.90k

BARGAIN HUNTERS TAKE NOTE!

Locotrader:
Instead of them to invest in the Solid minerals sector, they are there putting money in a company whose debt is alarming.

One of the stocks in the mining sector is set to rally again.Invest wisely.

LOCO better change your username to LOCOINVESTOR and forget this your traders mentality that isn't favoring you

Swallow your pride and buy UBA to enjoy their 50kobo interim for once.

Thank me later.

For the NEWBIES .

From September till mid-December is often TURBULENCE.
Know THIS and know PEACE.

BARGAIN HUNTERS TAKE NOTE!

vacanci:
I don't believe this guy. You were waiting for Oando to even go past 25. I don't believe you exited, you are silently not happy but giving us the impression that you have a way of timing the market perfectly. If Oando reverses now, you will come here to say those that didn't embark on the bus when it traded low have regrets.

You are also trapped right now. forget it. This is my opinion

Thank God I'm vindicated
We are all trapped
My earnest hear desire is to average down @sub #6.
In 2014/2015 Wale show us Shege this time around na we go show Wale shege

BARGAIN HUNTERS TAKE NOTE!

kamtrix:
Thank you very much for this

ALWAYS be price SENSITIVE
The POSITION you take mostly DETERMINE if you will stay AFLOAT or SINK.

4tunebest:
Where is Prophet Utuocha?

I missed buying into Oando and was regretting it, but the series of events have been surprising.

Prophet Utuocha what sayest thou? Will Oando still reach 100

If you boarded OANDO @circa #5 when we started loading the bus and disembark @ circa #15 when the bus seems to be saturated wont you be happy

Like we stated clearly from ONSET,
OANDO is for Gamble and the bus will definitely reverse and hit the #20 junction.
What we are experiencing now is called SHAKE-OUTand RESPITE is on the way.

BARGAIN HUNTERS TAKE NOTE!

Locotrader:
Instead of them to invest in the Solid minerals sector, they are there putting money in a company whose debt is alarming.

One of the stocks in the mining sector is set to rally again.Invest wisely.

LOCO is back!
At least he's now happy that OANDO is crashing

PETERiCHY:
Some of us are sitting only on 2 choice stocks

For dividend purpose we bought UBA @t an average cost ofi #7.82k while 0ANDO is for gambling purpose with an average cost of #5.21k.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

BELIEVE it or not OANDO is a MONEY SPINNER.
For THOSE that missed the first WAVE wait to join the 2nd WAVE @sub #7.

BARGAIN HUNTERS TAKE NOTE!