₦airaland Forum

megamart247:
Point of correction time to start to profit little by little
BUBU is just borrowed additional $30B without collateral

FG borrowed 3.4B and 5.2b that's about 8B not $30b though this regime is competent and reckless

PETERiCHY:
LOCO monitoring his FIDSON & WAPCO


Meanwhile if you miss UACN. GUINNESS is still AVAILABLE.

BARGAIN HUNTERS TAKE NOTE!

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 !

GonFreecss1:
I am cool dear. E don tey small.

As for the message. Well, some people missed the bus. Sorry about that. Do not allow the persistence of continuous talk about any asset make you buy based on FOMO. As a dividend hunter I am quite patient. Always fundamentally sound stock, yes! Some bad stocks will move up, please do not FOMO!

And for the newbies here, some people would like to tell you Dividend hunting is stupid, it is this or that.
People will keep persistently mentioning particular stocks day and night, with wonderful dreams about it.
People will make recommendations.

All I will say is learn from all of the above. Know why “you” are buying anything, and if for any reason something you bought goes down in price and the reasons you bought it in the first place are still there, you should be happy to buy more at lower prices. Cc Zenith? I happily bought more down to the gates and rejoiced in ascension.

Hope you have taking your profit on Zenithbk because it's heading back to N11. that's a whooping N6 discount.

SAVE THIS POST.

BARGAIN HUNTERS TAKE NOTE!

Josh121:
I lost 25m cos of that guys and peterrich push but in life you win some and gain some. I just laugh each time i see peterrichy here

If you didn't lose up to 25m that you mentioned bear in mind that you have incurred a spiritual debt that must be paid.

BARGAIN HUNTERS TAKE NOTE!

onegentleguy:
Again NEIMETH now trading @ N1.61.
Should it close at that price, it'd be a maximum gain today. ...and an over 320% return from that 38k peg !!
As usual, the dude has also gone on its "usual tradition" of full bid !!
...Perhaps a 400% ROI may not impossible afterall.

SOSHALLITBEwithUACNandWAPCO
#ASTHEDAYSOFRECKONINGBECKONS

It is well.

The PROBLEM with MOST is they want to make HEAVEN but they DON'T want to DIE.

Chibuking81:
And again
If he can tell us the fair price of the shareholders holdings per a unit after unbundling, I.e in
1. One unit of UACN ( with final year EPs of #1.32 including the property sell, and 10 kobo dividend payment
https://m.marketscreener.com/UAC-OF-NIGERIA-PLC-10372751/news/UAC-of-Nigeria-UACN-to-Pay-Shareholders-N288-Million-Dividend-Despite-Loss-30459059/)
2. Six unit of UAC property ( with negative earning of - 612 kobo × 6 = -3672 kobo, no hope of dividend in the near future)
3. Half unit of UPDC REIT ( with q1 result of 16 kobo, all things been equal with expected final year EPs of 16 * 4 = 64 kobo/ 2 = 32 kobo)

What will be the total worth of the three in 1 unit holding of UACN after the unbundling door has been close?

Note
1. Let 80 kobo current price of UAC property not deceives one. Even if they give 6 to 1 unit, the moment unbundling happening, before your own allotted share will reflect, you will see the stock on 10% loss daily with fully offer no bid, till it reaches 20 kobo carpark with millions of offer continually. Meaning that its as good as not having a stock. in the area of #1.20 with difficult time to bail out.

2. UACN parent company going by 2018 EPs, is with 96 kobo EPs, in the area of #2 stock
3. UPDC REIT is expected to have about 64 kobo 2020 final, then divided by two to get half will give you 32 kobo, in the area of #1.7 because of high % of dividend they pay.

#2+ #1.7+ #1.20 (with difficult in bailing out) approximately = #5. like its over price with their current price.

It's this same analysis-paralysis that made you miss Zenithbk at circa N11 while you kept waiting at N5 now that BARGAIN HUNTERS are codedly taking profit at circaN17 you jumped in with consolation that's it's a fundemental stock.

Watch it quietly roll back to N11 in no distance time.

BARGAIN HUNTERS TAKE NOTE!

Coolcash1:
Tested the NYSE/NASDAQ waters yesterday for the first time and was a great feeling. I realize that its a market that is, of course deeper than nse and money could be lost or made within a blink of an eye. Based on financial management theory, I will say their market is an Efficient market where prices quickly reflect information about company performance, industry news and economic situation as Investors don't waste time reacting to such news in that clime...

However, i was shocked when a share that traded below $1 suddenly rose to almost $20 yesterday. I was stunned wondering why a stock will amass such crazy gain in a day. Anyways, i am gradually settling down to better understand the market more.

NYSE has been around for over 200yrs with over 3million stocks to choose from

BrokerHaruna:
Well said. UACN reminds one of the likes of Kingsway, Leventis, John Holt, UTC. Their trajectories align with that of UACN.

You are right they are all in the same league with the like of ETI. UNITYBK and JAIZBANK.

Godlylifeoneart:
Wishful thinking is not a crime
If only you had an idea on the massive corporate corruption going on in UACN, only then you will know that all the money generated via right issues has gone down the drain.
This is a company with one of the worst tender and procurement processing in the FEDERAL REPUBLIC.
HIGH EXECUTIVES SALARIES AND REMUNERATIONS DESPITE POOR RETURNS ON SHAREHOLDERS INVESTMENT.
This conglomerates has no interest in their shareholders.
They are after stealing and draining the potential returns on shareholders investment.
Have you ever asked yourself if any of the previous divestment and unbundling ever benefited shareholders in Price appreciation and dividend return?
UNIC insurance... No benefit
Livestock.... No benefit
UACN REGISTRARS.... NO BENEFIT
CAP Plc... Nonr
Portland paint... None
Mr. Biggs... None
The situation of this company is worst than Nigeria situation.
If the management can turn things around, then we will appraise them in the future.

Bear in mind UACN core investor THEMIS CAPITAL increased their holdings by 15.7m units last Feb at an average price of N10.

So you won't tell me at all at all
UACN won't rally to N12 junction before the UNBUNDLING EXERCISE.

"If you sleep they will carry your Gun"

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
This year between April 2nd and April 8th the price of GUINNESS was trading above NIGERIAN BREWERIES meanwhile at the close of today's trade the price of NIGERIAN BREWERIES is more than twice the price of GUINNESS.

"LIFE NA TURN BY TURN"

BARGAIN HUNTERS TAKE NOTE!

GUINNESS now at N18.55k
I repeat if you miss UACN don't miss GUINNESS

BARGAIN HUNTERS TAKE NOTE

rebekah2011:
When you see people get too emotional about a particular stock, they are blinded to see what others are seeing. whatever gains that UACN or UPDCREITS will give, it may likely be consumed by the liabilities that UPDC will thrust upon one.

It's this type of analysis-paralysis that made you miss BUA & only discovered NEIMETH when it has already gained 250%

Chibuking81:
Any markdown on their share price today, due to their newly listed light issued? This is like Hawk on its mission to devour, targeting UPDC REIT. The right issue at side of UAC property was much.

And this might likely reduce their % in UPDC REIT unbundling sharing formular.

You are now getting the drift. Of course no markdown and the sharing formula won't change..

Ratherr just like the case of AIICO the UPDC RIGHT ISSUE were used by the COWBOYS to increase their holdings in UPDC

Note the qualifications date for the right issue was dated back to Sept 30th 2019 that tell you there is COOKIES IN THE JAR.


ABOVE ALL FEW WEEKS AGO I ASKED THE QUESTION BELOW.


In 2013 one of UACN cashcow subsidiary called UPDC REIT was listed at N10 per share with market value of N30billion

In 2017 another UACN subsidiary called UPDC raised N5b right issue at N3 per share

Again in 2020 UPDC raised another N15.96B via right issue at N1.00 per share

In 2018 UACN the parents coy raised N16.2b via a right issue at the rate of N16 per share


Now that UACN the parents want to unbundle their 94% shareholding in UPDC and their 65% shareholding in UPDC REITS and split the shares among their minority shareholders.

Now ask yourself after all this billions were pumped into UACN and iit subsidiary what do you thiink will be the VALUE of UACN


PONDER ON THAT AND DON'T BE DISTRACTED BY ANY SNAKE.

BARGAIN HUNTERS TAKE NOTE!

handsomebolanle:
Someone should kindly explain this in layman's term. Thanks

IT SIMPLY MEANS

(UACN) Property Development Company Plc Rights Issue of 15,961,574,145 Ordinary Shares of 50 kobo each at N=1.00 per Share that was done last March was successful.

It was listed today at NSE which now increase their MARKET CAPITALIZATION from N2.5B to N18.5B

That's more booty for UACN sharesholders after the UNBUNDLING come next month.

BARGAIN HUNTERS TAKE NOTE!

rebekah2011:
Today is the first time I am seeing encouraging bid in Neimeth.

After it has done 250%

This year between April 2nd and April 8th the price of GUINNESS was trading above NIGERIAN BREWERIES meanwhile at the close of today's trade the price of NIGERIAN BREWERIES is more than twice the price of GUINNESS.

"LIFE NA TURN BY TURN"

BARGAIN HUNTERS TAKE NOTE!

All this years that JAPAOIL were churning out bad results it wasn't audio now they manage to clear their debts it's now audio

Those in the BUS should block their ears to voice of distraction and near success syndrome then ride to the FULLEST .

This was how BUA & NEIMETH story started.

BARGAIN HUNTERS TAKE NOTE

Intendy:
Stock with new 52 week lows

Afromedia #0.24k

Stocks with new 52 week highs

Neimeth #1.22k

Aiico #1.06k

Bua #42.30k

BUA on it way to N100 before the release of the next BILLIONAIRE FORBE LIST.
Rabiu for PRESIDENT.

BARGAIN HUNTERS TAKE NOTE

ukay2:
Loooooool

Dr you can see for yourself some of the DISGRUNTLED ELEMENTS that are used to SUFFERING and SMILING.

How we take him serious.

Someone that cant pay N50 stamp duty to support the nation's treasury meanwhile backstage he's among the CHAMELEON shouting PATRIOTISM as if it's their BIRTHRIGHT.

leo1234:
Will I stop paying stamp duty if I disable SMS and email alerts?

Maybe when you disable your life

BRENT now at $38
Next week let's EXPECT
BULLS from BURUNDI

BARGAIN HUNTERS TAKE NOTE

safepaulooo:
You mean May / June 2017. There was short bull in May / June 2016 due to an expectation of devaluation that failed to take effect. After devaluation in early 2017, we witnessed the real bull in May / June 2017 which climaxed in January 2018.

You are right MAY/JUNE 2017
Thanks for the correction

Mcy56:
Democracy Day.

Democracy Day is now June. 12.
LOCO missfired

locodemy:
Be careful so you don't join market men and women in the streets to do this business.

Some gurus have started staying on the sidelines including our onifa.

Be careful in your tradings

We didn't join market men and women in the street to do the business in 2007/2008 let alone now.

Meanwhile today UACN shakeout WEAK HANDS like I predicted in one WhatsApp group that their admin abhors the truth.

I said "it will swiftly move from N7 to N9 and consolidate at N8.50 junction before we resume the journey to ELDORADO"

BARGAIN HUNTERS TAKE NOTE

locodemy:
There are certain stocks that will rally more but I doubt this euphoria we are enjoying now will continue.

Next week is June and we need to welcome it with 100% cash in case.......

We are about to WITNESS a REPLICA of what happened in MAY/ JUNE 2016. The recent NAIRA DEVALUATION will REPRICE the MARKET.

Save this POST.

BARGAIN HUNTERS TAKE NOTE!

ukay2:
But your yet to break even Sir....

We are with you from Km 17...

We had batch of N17.00,k N19.25k and N20.30k

we don't know about yours

locodemy:
While the pullback is ongoing,loco has sold all fidson and wapco sitting on only cash.

Seems tomorrow is another public holiday.
Next week is June.Oyinbo will not use my brain rather I will use their own brain.

If the green continues next week,better for me to do a new 10 to 20% if at all the bull will continue.

Better join GUINNESS train now @ N20 and secure the BAG.

Thank me later

The President, Major General Muhammadu Buhari (retd.), has written to the House of Representatives to request for the approval of fresh external borrowings totalling $5.513bn.

Buhari, in the letter read by Speaker of the House of Representatives, Femi Gbajabiamila, at the plenary on Thursday, said the funds were for 2020 budget deficit, financing of critical projects, and some states of the federation.

The President also presented a revised 2020 Appropriation Bill and 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The National Assembly had recently approved a loan of N850bn for the Federal Government, while another of $22.79bn, which the Senate has already approved, is pending before the House.

Details later

https://punchng.com/breaking-buhari-writes-reps-seeks-fresh-5-513bn-loan/

PETERiCHY:
Thank GOD you already saw that OUR FIRST PORT of CALL will be N25 junction.

FOR the NEWBIES

GUINNESS descended from a HEIGHT of N297.50k per share after some YEARS of wandering in the WILDERNESSES of NAIRA DEVALUATION and COMPETITION in the BREWERY SECTOR

LAST WEEK it met a VERY STRONG SUPPORT at N17.00k all thanks to FOREIGN INVESTORS that pumped in over N1Billion

Now WE are on our WAY to ELDORADO.

So Don't Let some DISGRUNTLED ELEMENTS that are used to MISSING OUT ON WONDERFUL OPPORTUNITIES. DISTRACT YOU from getting to the PROMISE LAND

SAME WAY we've loaded OANDO. ZENITHBK WAPCO. UACN and several other FORTUNATE BUSES.

DONT BE LEFT OUT.

BARGAIN HUNTERS CHEERS!

GOING! GOING!! GOING!!!
GONE!!! on our way to N72..........

BARGAIN HUNTERS MOOD rightnow

Heishere:
Chairman. You no just like our happiness.

The info is for NEWBIES to hold tight so they don't EJACULATE QUICKLY because MOST EQUITIES will REPRICE with circa 50% profits due to NAIRA DEVALUATION.

WE have been THERE before.
We are about to witness a REPLICA of what HAPPENED in MAY/JUNE 2016.

BARGAIN HUNTERS TAKE NOTE!

DeRuggedProf:
Peterichy, which stock has lost over 15% between Friday and today in this Burundi season?

Osinbajo HELL-ICOPTER
They FLEW they CRASHED
Their PASSENGERS rightnow

For those ovulating on the MARKET UPWARD TREND bear in mind last March USD sold for N365.00k while now it selling for N462.00k

That's 25% increase on USD and one will need 33.3% to BREAK EVEN on the recent NAIRA DEVALUATION.

Inessence if you have n'ot made atleast 40% profit on your PORTFOLIO to BREAKEVEN on the NAIRA DEVALUATION and you are jumping up then know that you are iya Basira

EXCEPT you brought in your FUND at the rate of N462.00k per USD

BARGAIN HUNTERS TAKE NOTE!