₦airaland Forum

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!

In 1982
N1000 is equivalent to $1463

In 2020
$1463 is equivalent to N675000

Life na turn by turn

locodemy:
Good luck if you can enter.I have 25.70 here at my end.

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!

Oil prices rose early on Tuesday as market participants believed that improving demand and more supply coming off would ease the glut faster than expected.

As of 10:37 a.m. EDT on Tuesday, WTI Crude was up 2.44 percent at $34.08, and Brent Crude was trading at $35.77, up by 0.90 percent on the day. By afternoon, prices had slipped back, with Brent trading down on the day at $35.49.

The more bullish market sentiment of the past few weeks has been supported by the production cuts from the OPEC+ group and from economics-driven curtailments, especially in North America. OPEC’s heavyweights, including Saudi Arabia, the United Arab Emirates (UAE), and Kuwait, have pledged more cuts on top of those they have promised in the deal, and even Russia is said to have been really trying to comply with the OPEC+ agreement this time, unlike in previous pacts.

https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Rise-As-Supply-Shrinks.html

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
LOCO monitoring his FIDSON & WAPCO


Meanwhile if you miss UACN. GUINNESS is still AVAILABLE.

BARGAIN HUNTERS TAKE NOTE!

I repeat if you miss UACN don't miss GUINNESS.
BARGAIN HUNTERS TAKE NOTE!

Meanwhile the antagonist looking at our UACN CARGO PLANE rightnow

DeRuggedProf:
Who dey chase my stock run go up like this
Hope my village people wont say I do blood money. Chai....

Mcy56:
Peter, Year low of caverton was 2.03. Where did you see the 80kobo? Can you state the date within the last one year where it sold for 80k?
Think you should just stick to your uacn you're busy doing jijo and monkey hunting.
Once you enter you start promoting with good news, once out you start bringing bad bad news just to re-enter cheaper again.
Quite some coys will feel the covid heat, so no need to bad mouth one out of many.

I can see you like losing money

RabbiDoracle:
Dow, S & P and NASDAQ are all flying.

News of having a vaccine around December.

U.S. coronavirus deaths are approaching 100,000, more than double that of any other country, according to data compiled by Johns Hopkins University. Across the country, Americans observed Memorial Day weekend with some states reopening beaches and other outdoor areas. Merck, meanwhile, has entered the vaccine race, announcing Tuesday it has teamed up with research nonprofit IAVI to develop a potential candidate.

https://www.cnbc.com/2020/05/26/coronavirus-live-updates.html?__source=newsletter%7Cbreakingnews

jideflash:
Prof you whats up. Yes o, we cant be the victims when the giants are crying. What is the essence of been in a forum like this, if i wont learn from the many experience of traders here as well.
Buy low, sell High.
Loyalty doesnt always make you win. Imagine those who bought Gtb, Fbn and Zenith at their record High back in 2007/8. now add the loss due to yearly inflation and FX devaluation.

Profit you make can be kept and still be loss. But Loss is Loss. Never Lose you capital. #playsmart and wait for the best opportunity. Nigeria is in trouble right now, our second highest source of FX ( the diaspora) are also struggling. by august the crisis will become clearer.


For caverton, a stock with market price of N2.6 having EPS of N1.29 is brilliant. cant wait for it to reach its low, make i go clear market,

FOOD FOR THOUGHT


In 1982
$1.42 sold for N1.00

In 2020
$1.00 is now selling for N460

NAIRA has lost 99.85% against USD while USD has gained a whooping 65220% in value against NAIRA


BARGAIN HUNTERS TAKE NOTE!

jideflash:
For caverton, a stock with market price of N2.6 having EPS of N1.29 is brilliant. cant wait for it to reach its low, make i go clear market,

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

President Muhammadu Buhari has mandated the presidential committee on salaries and wages to review and realign earnings of employees of ministries, agencies, and parastatals.

Minister of Labour and Employment, Senator Chris Ngige, who disclosed this in an interview with THISDAY at the weekend, said part of the objective is to check disparity in payment of salaries and wages as well as prone the running cost of governance.

https://www.nairaland.com/5881410/fg-review-salaries-wages-ministries

WINTER IS COMING....

BARGAIN HUNTERS TAKE NOTE!

https://investadvocate.com.ng/2018/03/07/uacn-lists-960-4m-rights-shares/

*March 7, 2018*

UAC of Nigeria (UACN) Plc at the weekend listed a total of 960.43 million ordinary shares of 50 kobo each, adding about N16.4 billion to the market capitalisation of the conglomerate.

The Nation had exclusively reported that the 960.43 million shares rights issue was fully subscribed. UACN had floated a rights issue to raise N15.36 billion by offering 960.43 million ordinary shares of 50 kobo each at N16 per share

The conglomerate has however confirmed that three major shareholders now own more than five per cent equity stake.

Major shareholders of the conglomerate now include Stanbic IBTC Nominees, with 8.0 per cent equity stake consisting of 225.23 million ordinary shares of 50 kobo each; Blakeney GP 111 Ltd, with 6.0 per cent equity stake consisting of 165.79 ordinary shares of 50 kobo each and Themis Capital Management, with 8.0 per cent consisting of 232.35 million ordinary shares


BARGAIN HUNTERS TAKE NOTE