₦airaland Forum

Join us on YouTube for the

2020 UACN ANNUAL GENERAL MEETING via the link below and as well ask questions



https://www.youtube.com/watch?v=PakITevr8Mk

IMPLICATIONS OF THE NEW CBN POLICY OF GSI

The CBN yesterday released a new policy called GSI (Global Standing Instruction). The policy is a very welcome policy. Below, i try to summarize the major points of the policy.

1. It applies to all financial institutions in the country.



2. If you take a loan in any bank (say GTB) and you refuse to pay back, we would look for any other bank(s) in the country (say Access bank, and Sterling bank) where you have accounts and there is money, we would take the money from those accounts and pay GTB back.
E.g you take 30k Loan from GTB and you fail to pay back. You have 10k in your Access bank account, 15k in your Sterling bank joint account with your wife and 8k in your child's First bank account that you help her manage (because she is still a minor). We would sweep the 15k in your Sterling bank joint account with your wife, sweep the 10k in your Access Bank, and take 5k out of the 8k you have in your child's First Bank account. We would send them all to GTB. The remaining 3k in your child's First Bank account would not be touched. That's a promise. ��

3. Even if its a joint account that your BVN is found on, money would be moved from there!

4. If we find out that you have an account that we should have moved money from but you have done chua-chua to not put your bvn on that account, then your BVN would be watchlisted. My brother, that is a major gbege! You are finished!

5. Only principal and interest would be swept from your other accounts. Penalty charges would not be included. CBN don try for us o. ��

6. If a bank wrongfully activates GSI on you (you have not defaulted on your loan and they go make the system sweep from your other accounts) , the bank would pay a fine of 500k sharparly. No begging.

7. If you complain about a wrongful activation of GSI on your accounts, and the bank claims you are wrong, you then decide to request for arbitration. If the arbiter rules that you are correct, then the bank pays a fine of 10M. No story!

The GSI becomes effective from August 1st 2020.

This helps the system to fight serial loan defaulters and allows banks to more readily give out loans. As a matter of fact, a bank can now choose to give you a loan without you previously having an account with the bank.

https://www.proshareng.com/news/Debtors---Recovery/CBN-Issues-Operational-Guidelines-On-GSI/52210

This a new dawn and welcome development.

LETS KNOW OUR NETWORTH

Heavy CROSS DEAL going on in MTN

BARGAIN HUNTERS TAKE NOTE!

Mcy56:
Lol.
JB is solid, cant do free fall like Peter's Guinness. To me, getting it cheaper at 15 or thereabout is a plus.

SHARE DILUTION made GUINNESS crashed from their N58 right issue price in 2017 to current price of N14.

SHARE DILUTION that made WAPCO crashed from N42.50k right issue price in 2017 to sub N9:00k

SHARE DILUTION made CILEASING crashed from N8 last yr to N3 and still counting.

Now watch how SHARE DILUTION will crash JULIUS BERGER to sub N10 before any MEANINGFUL CONSOLIDATION will take place..

Still on accumulation mode on GUINNESS

BARGAIN HUNTERS TAKE NOTE!

locodemy:
During the consolidations that lasted for almost two weeks,what volume of Sterling bank was traded?

For it to break out,it needs to consolidate at a lower price and this 1.12 look very attractive.I expect stcool to buy more now.The bull will pick Sterling along.

There are still some OVERHEAD to be cleared in order words STERLINGBANK is a BARGAIN at sub N1.

BARGAIN HUNTERS TAKE NOTE!

stcool:
Same stock I have been loading below N1.25 closed at 1.37 today

...but we not selling soon until above N2.00

If it falls further we load more...many here don't invest but chat 365days a year

Peter your Guinness is now N14!!! Should we wait more drop or load more

Someone should please check on stcool and ask who he OFFEND.

Why is it that all the stocks he RECENTLY bought has FALLEN like an old woman BREAST

From FIDELITYBK to UACN to ZENITHBK to JAPAUL to GUINNESS down to STERLINGBANK.

He BETTER go and APPEASE the gods

NSEMPA mode rightnow
May God give us the FORTITUDE to bear the PAPER LOSS.

That been said let's EXPECT an OASIS from now till July 10th.

BARGAIN HUNTERS TAKE NOTE!

stcool:
Same stock I have been loading below N1.25 closed at 1.37 today

...but we not selling soon until above N2.00

If it falls further we load more...many here don't invest but chat 365days a year

Peter your Guinness is now N14!!! Should we wait more drop or load more

CSL TARGET PRICE for GUINNESS is N15 which means the Price to sell s

So let wait for GUINNESS at circa N10
Above all the management already issued a PROFIT WARNING against their 2019)2020 F/Y RESULT that will be released in AUGUST!

BARGAIN HUNTERS TAKE NOTE!

FINALLY we are in JULY the month of CELEBRATION

BARGAIN HUNTERS TAKE NOTE!

NSEMPA mood rightnow

PETERiCHY:
Like we said earlier in the month MARKET will TANK till June 28th then we should EXPECT an OASIS starting from June 29th till July 10th. afterwards MARKET CORRECTION will take place based on Q2 RESULTS

BARGAIN HUNTERS TAKE NOTE!

BREAKING!!!!!

ABUJA: The Federal Government has extended the Phase Two of the eased lockdown by four weeks, but partially lifted the ban on interstate movement.

Chairman of the Presidential Taskforce PTF on Covid-19 and Secretary to the Government of the Federation SGF, Mr Boss Mustapha disclosed this at a briefing Monday in Abuja.

He said within this extended phase, there will also be a safe re-opening of schools to allow graduating students back to classes, while interstate movements would only take place outside curfew hours.

https://www.vanguardngr.com/2020/06/breaking-covid-19-fg-lifts-interstate-travel-ban-set-to-reopen-schools-2/

BARGAIN HUNTERS TAKE NOTE

*ThE OcToPuS*

PETERiCHY:
For the next 2:weeks I forsee a SERIOUS BEAR. things will turn around starting from JUNE 28th

BEWARE of BULL TRAP

BARGAIN HUNTERS TAKE NOTE

*ThE OcToPuS*

Today marks the last day for BONANZA
So we are bringing back the BULL.

BARGAIN HUNTERS TAKE NOTE

*ThE OcToPuS*

Mcy56:
Okay.
Don't have much strength for argument......but if we say someone is selling off (UACN), hope we didn't forget that someone is staking his money on it as well.
What if those insider dealings were mere crossings from a friend to another friend or inviting a highly influential friend unto the table?
What if it's another core shareholder taking position while another one is crossing some of his stakes to him?
What if the shareholder selling is doing so to pursue other interests?

Not too long ago, Wigwe was selling Access and people were panicking, now he's buying back.

During diamond time, there were quite a lot of crossings from the Herberts to the Wigwes (correct me if I'm wrong).

I think these guys knows more than we do.

In the prospectus however, there were details of how the unbundling is going to be done.

Still reading and trying to figure things out myself anyway........until I did this type of findings during Diamond era, I didn't understand it well, was just following Nsempas blindly before then.......but when I did, I could remember posting in favour of the merger thereafter....

Wigwe SOLD his ACCESS at N10 plus and he now REPURCHASED at N6plus what does that tells you

PETERiCHY:
LOCO this month of JUNE the WALLS of JERICHO will FALL APART.
So GO and OIL your GUNS and SHOT at SIGHT any ANIMAL you SEE

BARGAIN HUNTERS TAKE NOTE!

The WALLS of JERICHO has falling APART
GUINNESS now at CARDINAL STONE N15:00k TARGET PRICE.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
Fear ANYTHING that involves TINUBU

OANDO format was CONOCOPHILLIPS

UACN format was UNBUNDLING

Same SCAMMERS different FORMATS

BARGAIN HUNTERS TAKE NOTE!

BLAKELEY LLP a core INVESTOR in UACN

Sold 10m units on April 24th 2020
Sold 10m units on May 11th 2020
Sold 15m units on May 12th 2020
Sold 28m units on May 15rh 2020
Sold 40m units on June 17th 2020

Making it a total of 103million units of UACN BLAKELEY LLP sold within the last 3months at an average price of N6.60k.

BARGAIN HUNTERS TAKE NOTE!

ukay2:
Peter bought some tranches of his Guinness at km 20......hope he has jumped out

Yes you BUY in TRANCHES and SELL in TRANCHES.
The KEY thing is don't run out of BULLETS
else you will taken CAPTIVE to the land of BABYLON

PETERiCHY:
Wale and his crooked gang are systematically off-loading their OVER BLOATED and debt ridden 12billion units OANDO @N2.70k.

Note whereever the offers are bought another set of offers will appear

So don't be deceived by the DECOY BIDS.
Buy @circa N2 and sell at circa N2.40k

BARGAIN HUNTERS TAKE NOTE!

For those interested in OANDO the game has changed to buying at circa N1.50k and selling at circa N2.

PATIENCE is KEY!

BARGAIN HUNTERS TAKE NOTE!

Heishere:
His predictions dey get K leg

The NSE you are trading get straight leg

Chibuking81:
Peter are you tired with unbundling or are you out of their vehicle? Your Guinness price today has presented another better opportunity, are you sure that it will not get to #9 junction in the coming months, because it never move up from any new junction it relocated to.

What is the Format of
Japaul?

POINT of CORRECTION
GUINNESS moved from N17 to N20.80 between May 20th and may 28.

JAPUAL is an illiquid stock if you want chop frog chop better one

That being said I repeat let's EXPECT an OASIS between JUNE 29th and JULY 10th.

BARGAIN HUNTERS TAKE NOTE!

megawealth01:
I feel pity for those that followed sheepishly

We loaded UACN bus between N7.10 and N6.20 and precisely on MAY 22nd when it was on full bid at N8.35 Iwe made a post that those that missed UACN should join GUINNESS at circa N17.

Those that dm me for exit price i told them clearly paraventure it gets to N9 we alight. It eventually traded above N9.

And ever since then we adviced those that missed the first jolly trip to wait at N7.00k and review down to N6.20k and later to N3.10k.

So where is the misconception

PETERiCHY:
For those that MISSED the UACN first JOLLY RIDE from N7.10 to N9 junction. We REVIEW our next ENTRY price from N7 down to N6.20k.

BARGAIN HUNTERS TAKE NOTE

Based on the LATEST DEVELOPMENT
We REVIEW our UACN RE-ENTRY price down to N3.10

BARGAIN HUNTERS TAKE NOTE!

Seunn11:
Hello my people.



They know their own games. I need that stock at half of KM 4.

Fear ANYTHING that involves TINUBU

OANDO format was CONOCOPHILLIPS

UACN format was UNBUNDLING

Same SCAMMERS different FORMATS

BARGAIN HUNTERS TAKE NOTE!

GUINNESS NIGERIA PLC celebrated their 70yrs anniversary today as well closed at 70yrs low.

Why is Nigeria things always backward

Abeg who una offend


https://www.youtube.com/watch?v=axuRdGcuflk

BARGAIN HUNTERS TAKE NOTE

Chibuking81:
Perter how do you see Caverton @#1.50, Buy or wait?

AVIATION SECTOR is the WORST HIT in this pandemic and we learnt this COVID-19 ERA might last longer than 2021

So why RISK my HARD EARNED MONEY on such SECTOR even at 20kobo I'm no longer interested in buying CARVETON till the COAST is CLEAR.

Covid-19 or not some SECTORS will STILL make MONEY I e BANKING SECTOR.

The GOOD OLD BOOK says
"WISDOM is the PRINCIPAL thing and with all thine getting get UNDERSTANDING"

BARGAIN HUNTERS TAKE NOTE!

Chibuking81:
There is nothing interested to move market for now, we just balance inside our vehicles hoping to get more share by next month of July, 2020 bonanza month.
It's 70% likely that opportunity to enter most vehicle at lower level will present itself this coming month. Peterich take note.

Like we said earlier in the month MARKET will TANK till June 28th then we should EXPECT an OASIS starting from June 29th till July 10th. afterwards MARKET CORRECTION will take place based on Q2 RESULTS

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
The BEAR already started with JAPOIL with time it will TRICKLE down to other STOCKS.

Well we have ROLLED our DICE on GUINNESS at N17 junction if our BIDS doesn't get filled 2moro we MOVE it down to N16 till we get to CARDINAL STONE N15 TARGET Price.

BARGAIN HUNTERS TAKE NOTE

GUINNESS NIGERIA PLC

Poor operating performance; downgrade to Sell

In its recently released 9M 2020 results, Guinness Nigeria (Guinness) reported a 5.3% y/y decline in Revenue to N96.0bn from N101.4bn in 9M 2019. On q/q basis, Revenue d eclined 33.2% to N27.7bn in Q3 2020 (Jan - Mar 2020) from N41.4bn in Q2 2020. Pressured by higher excise as well as closure of on-trade channels in the final week of the quarter, the compans performance in Q3 2020 (historically one of the best quarters for Guinness) was weak with Q3 2020 Revenue and Net Income declining 17.6% and 97.2% respectively when compared with Q3 2019.

We cut our Revenue forecast for the rest of the year as on-trade channels remained shut for the first 5 weeks of Q4 2020 (Apr - Jun 2020) while ceremonial activities remain banned in many states in the country. Furthermore, while we expect lower barley price would provide some support to Gross Profit, we expect Opex and Finance cost to remain significant pressure points in Q4. We forecast a loss in the final quarter of the year which would pressure FY 2020e Net Income lower.

We cut our target price for Guinness Nigeria to N15.08/s from N32.12/s previousl y which implies a 21.5% downside to Wednesdays closing price of N19.20/s. Thus, we downgrade our recommendation to a SELL from HOLD. We have revised down our profit lines steeply and lower pricing multiples in our relative valuation models given the companys poor operating performance relative to peers. We arrive at our target price using a combination of the single stage FCFF model and Relative valuation in the ratio 60:40 with the greater weighting on the FCFF methodology.

COPIED/CSL.


BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
For those that missed the UACN journey from ijora 7up to Enugu 9th mile we are coming for another trip 2moro better hold your chamge. Kosi change ooo

BARGAIN HUNTERS TAKE NOTE !

For those that MISSED the UACN first JOLLY RIDE from N7.10 to N9 junction. We REVIEW our next ENTRY price from N7 down to N6.20k.

BARGAIN HUNTERS TAKE NOTE

Marketapprentic:
What you don't know may be bigger than you
JP is now permanently at the car park 20k with the key thrown into Atlantic ocean

When the WAVE throws up a DROWNING PERSON passer-by will think the person is doing ACROBATICS not knowing it's GOOD BYE JANET.

I repeat JAPAUL doesn't worth 1kobo those that has ears let them hear.

BARGAIN HUNTERS TAKE NOTE

Transfer of Oil Blocks Won’t Weaken Shareholder Value—Seplat Assures
https://businesspost.ng/economy/transfer-of-oil-blocks-wont-weaken-shareholder-value-seplat-assures/

SEPLAT a company that came on board about 5yrs ago meanwhile since 2018 the CHAIRMAN and his COHORTS were busy CREATING ADDITIONAL SHARES and selling in bulks while they want their GULLIBLE SHAREHOLDERS to RETAIN their HOLDINGS

ANYONE buying SEPLAT above N150 is signing his or her DEATH WARRANT

BARGAIN HUNTERS TAKE NOTE!


https://www.thisdaylive.com/index.php/2018/11/28/orjiako-realises-n710m-from-sale-of-shares-in-seplat/amp/

The Chairman of Seplat Petroleum Development Company Plc, Dr. A.B.C Orjiako, has sold 1.2 million ordinary shares of his holdings in the company between October10 and November 1, 2018.

The shares, which were sold at an average price of N592.02 per share amounted to N710.424 million.

https://nairametrics.com/2019/08/06/abc-orjiako-sells-3-5-million-units-of-shares-in-seplat/

SHARE TWEET

Seplat Petroleum Development Company Plc has disclosed that about 3.5 million units of ordinary shares indirectly held by the company Chairman, Dr. ABC Orjiako, has been sold.

Seplat made this disclosure in a notification to the Nigerian Stock Exchange (NSE), and the investing public on Monday.

https://www.google.com/amp/s/thenationonlineng.net/seplats-director-sells-n640m-shares-in-negotiated-transaction/amp/


A non-executive Director of Seplat Petroleum Development Company Plc has sold shares valued at about N640 million in a negotiated transaction consummated through the Nigerian Stock Exchange (NSE).

A regulatory filing indicated that Mr. Macaulay Ofurhie, a non-executive director of Seplat, sold 900,000 ordinary shares of the oil and gas company at N711.10 per share.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/30612_JAPAUL_PLC_-_AGM_CORPORATE_ACTIONS_JUNE_2020.pdf

Japaul the Gold digger.

The COFFIN (JAPUAL) has finally been locked and keys thrown into RED SEA.

Anyone still trapped in this JEGEDE KALOKALO COFFIN after our numerous warnings have themselves to BLAME and not LUCIFER

Intendy:
Stocks with new 52 week lows

Caverton #2.00k

Triple gee #0.53k

Stocks with new 52 week highs

ABC #0.51k

Bua cement #44.00k

BUA gunning for Forbe richest list come 2021 while making BARGAIN HUNTERS PROUD

PETERiCHY:
Audio EPS.
A stock that you their chief auditor saw the results and mistakenly sold.

A stock that traded at sub 80k when there was no Coronavirus let alone now that airline stock are taking a hit due to Coronavirus.

Even our almighty Buffett turn to JiJOist due to the pandemic.

WARNING! WARNING!! WARNING!!!
Anyone buying CARVETON above N1.00k is doing so at his or her own risk.

BARGAIN HUNTERS TAKE NOTE

Slowly but surely CARVETON will definitely get to our N1.00k junction after all their abracadabra.

PATIENCE is KEY

BARGAIN HUNTERS TAKE NOTE