₦airaland Forum

locodemy:
What of a whole peterichy that despised the caution/ red flag given by pa Emma on Uacn few days ago and he proudly grabbed a copy yesterday for the sake of dividend and unbundling.

Leave the capoil guy alone.Afterall he hasn't paid any school fees before.

That means you have sold the millions UACN units you acquired at N7.50. at a loss again : it's time to go village and appease the gods.

Since last year Nov this my 4th trip on UACN. What is happening now is simply shaking out weak hands afterwards the SPEED JET will ZOOM OFF to N9 junction before refuelling.

BARGAIN HUNTERS TAKE NOTE

PETERiCHY:
Yesterday i dreamt WAPCO dropped a BANGER result.

WAPCO published Q4-19 and 2019FY audited financials this morning. The result showed that the company’s 2019FY EPS settled NGN7.15/share, up from a loss position in the previous year. The positive outturn was driven by the one-off gain from the sale of Lafarge South Africa Holdco. (LSAH) in Q3-19.

WAPCO’s core earnings got a lift from the material decline in finance charges (-51.5% y/y) as the company reduced its total debt outstanding to NGN37.1 billion, from NGN288.9 billion in the prior year. Overall, the company returned to profit, as PBT settled at NGN17.89 billion, following two consecutive years of pre-tax losses. Also, PAT grew by 91.6% y/y.

we expect investors’ reactions to remain positive in the near term. Our last communicated fair value estimate was NGN26.22/share. Our estimates are under review.

https://investadvocate.com.ng/2020/04/06/wapco-returns-to-profitability-with-pat-growth-of-91-6-y-y/

BARGAIN HUNTERS TAKE NOTE!

Mcy56:
Fidelity : full bid...
FCMB: 1.64.... full bid too? We'll know by 14.30.

Sterling bank on full bid too at N1.22

We have successfully relaunched back into our money spinning machine UACN at N7.10 cc. LOCO. AGBA. Bigjay. Maisha and other

BARGAIN HUNTERS TAKE NOTE!

Mcy56:
Whether he's still on Wapco queue, he will show face if he can get at day's high.
Wapco almost on full bid now......

Zenith, Fbnh ......moving .....

After selling our last batch at N14.20k We are back in WAPCO at N10.70 if you can't beat them join them

BARGAIN HUNTERS TAKE NOTE

DeRuggedProf:
What is chasing it?

https://www.cnbc.com/2020/04/02/trump-tells-cnbc-he-spoke-to-putin-mbs-and-expects-saudis-russia-to-announce-10-million-barrel-cut.html

This is a developing story. Check back for updates.

President Donald Trump expects Russian President Vladmir Putin and Crown Prince of Saudi Arabia Mohammed Bin Salman to announce a deal on a production cut, the president said to CNBC.

The president is expecting a cut of 10 million barrels, although the cut could be as high as 15 million barrels.

PETERiCHY:
2020 is the YEAR of MELTDOWN.

Follow the NEW YEAR EUPHORIA and EXIT with your PORTFOLIO don't be CAUGHT in the CROSSFIRE.

Those that has EARS let them hear what the FUTURE holds....

*ThE OcToPuS*

It's exactly 6months we made the above projection and it's has come to pass.

APRIL is the month of RESURRECTION so let's EXPECT some RESPITE this month

*ThE OcToPuS*

BARGAIN HUNTERS rightnow

DIVIDEND HUNTERS rightnow

naturalflow:
OK,money don finish and we still get so many lows ahead.This time you go sell your trouser take do average down.

Abi oooo as shirt don tear tear finish na to comot trouser sell take average down

DIVIDEND HUNTERS TAKE NOTE!

Intendy:
Stocks with new 52 week lows

NB #24.80k

Redstarex #2.90k

Guinness #22.70k

Dangote cement #116.80k

Unilever #9.90k

DANGOTE CEMENT ought to trade below N90 before we can witness any meaningful REVERSAL.

BARGAIN HUNTERS TAKE NOTE!

Bomboclad:
It is inconceivable to have Zenith lower than its 52 week low. When that happens, i would even sell my house to dive in!

Sell house to buy stock in NSE
I pity you

Ask those that sold their assets in 2017 to buy NB. WAPCO. GUINNESS to mention but few today they all living in regrets under the umbrella of LOOOONG TERM INVESTORS.

DeRuggedProf:
FBNH has donated more than N1B for covid in cash and kind. This is a company that pays trash as dividend.

Do they know what their aged shareholders are going through is far worse than this ordinary catarrh?
How can a company that pays peanuts as dividend, which actually paid 26k last year be coughing out Over N1B for Corona?
Is Corona a shareholder here?

The more reason we preach against LONG TERM INVESTMENT in NSE.

Most CEOs of Nigerian public quoted coys are so rurhless they always looking for avenue to shortchange the minority shareholders.

You ought to follow your Investments bumper to bumper and forcefully collect your profit at any given opportunity.

BARGAIN HUNTERS TAKE NOTE!

locodemy:
Helloooooo.
Where are you guys?
Trading don start o.

Don't you know there is CORO in town

The way some BARGAIN HUNTERS are eyeing WAPCO @8.30 but I will advise they wait for it at circa N6 because DANGCEMENT will still fall below N100.

BARGAIN HUNTERS TAKE NOTE!

OBAGADAFFI:
Interesting,

what was the outcome of yesterday AGM?

If the outcome is positive we would have seen a stronger bid this morning rather the offers are growing and the bids getting weaker.

Coolcash1:
Nothing to say but remain hopeful just like every other investor holding the shares in their portfolio. Though i am upbeat about the result based on Q3 performance but indifferent about how the market will react.

As a trader, its tough sitting on a massive 60% loss making it very difficult to jump out of the bus now.

Anyway, i continue to observe.

How can you claim to be a trader and still remain in a trade after a whooping 20% loss
let alone a 60% loss

OBAGADAFFI:
Unlce Peter we need EXPO o

Since March 16th that marks their close period can't we see that some folks are coded and constantly dumping at N9

Mcy56:
How you make U-turn amazes me.
Anyway, it touched it intraday with all volumes below 100k block, price didn't change yet.
Guess you're looking for bargain and want to create panic.

Some have eyes but they can't see while some have ears but they can't hear better join STERLING BANK now before it's too late.

BARGAIN HUNTERS TAKE NOTE!

Justcul:
How much was DANGCEMENT listed initially at the floor please?

CC. @all

DANGCEMENT was listed on Oct 2010 @N135 per share.

MTN finally vlclosed @N90 more 30% discount from here then it's becomes a BARGAIN.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
You are wise what happened to UNIONDAC faithfuls will happen to WAPCO faithfuls.

84% OS already in their pocket.

They device means of squeezing the hell out of minority shareholders so they will gladly admit to their BUY OUT price..

Timeframe=9mths from now.

BARGAIN HUNTERS TAKE NOTE!

WAPCO just touched N8.55
Their journey to GOLGOTHA about to commence.
BARGAIN HUNTERS TAKE NOTE!

WAPCO faithfuls rightnow

Sterling Bank has announced plans to raise up to N30 billion in its series 1&2 commercial paper program. The series 1 &2 are with a tenor of 177 and 260 days respectively, with an effective yield of 7.5percent and 8percent while the discount rate stands at 7.23percent and 7.56percent respectively.

According to the bank, the offer opened on Wednesday 25 March and would close on Monday 30th March 2020.
The bank has a long term rating of BBB from Global Credit Rating (GCR) and a BBB+ rating from DataPro Limited. Also, a short term rating of A3 from CGR and A2 form DataPro.
Sterling Bank joins the list of corporates taking advantage of low-interest rates to raise cheaper short term debt.

https://businessday.ng/companies/article/sterling-bank-commences-n30bn-commercial-paper-programme/amp/

BARGAIN HUNTERS TAKE NOTE and DON'T BE LEFT OUT!

Bomboclad:
For those who don't understand how market sentiments work, look @ the rise in Sterling Bank even after a 3kobo dividend announcement that some think is very disappointing.

Sterling Bank has announced plans to raise up to N30 billion in its series 1&2 commercial paper program. The series 1 &2 are with a tenor of 177 and 260 days respectively, with an effective yield of 7.5percent and 8percent while the discount rate stands at 7.23percent and 7.56percent respectively.

According to the bank, the offer opened on Wednesday 25 March and would close on Monday 30th March 2020.
The bank has a long term rating of BBB from Global Credit Rating (GCR) and a BBB+ rating from DataPro Limited. Also, a short term rating of A3 from CGR and A2 form DataPro.
Sterling Bank joins the list of corporates taking advantage of low-interest rates to raise cheaper short term debt.

https://businessday.ng/companies/article/sterling-bank-commences-n30bn-commercial-paper-programme/amp/

BARGAIN HUNTERS TAKE NOTE and DON'T BE LEFT OUT!

DeRuggedProf:
WAPCO is holding BOARD MEETING on Monday, the way the stock has traded since morning is most suspicious.
Who knows if these guys may want to handsomely share the little they have MADE SO FAR, then let the stock price do a real slide when the mess start coming up later towards year end, then use the same money they have ARRANGED AS DIVIDENDS to mop up, then later ESCAPE totally, wiping the DIVIDEND HUNTERS and OLD SQUAD?

NB: just thinking out aloud, don't take me serious....

You are wise what happened to UNIONDAC faithfuls will happen to WAPCO faithfuls.

84% OS already in their pocket.

They device means of squeezing the hell out of minority shareholders so they will gladly admit to their BUY OUT price..

Timeframe=9mths from now.

BARGAIN HUNTERS TAKE NOTE!

WAPCO management taking their shareholders to their quarantine centre

RabbiDoracle:
Break above 23,600. If it starts to trade flat once above this level for an extended period(in weeks) without falling below it, then it means we passed the bottom (18K+). It shows that all indices worldwide must have done same.

Lots of stocks and indices are having the same pattern if you have noticed.

Stocks surged for a third straight day Thursday as investors shrugged off the release of record-breaking initial jobless claims while the Senate passed a massive economic stimulus bill amid the coronavirus outbreak.

The Dow Jones Industrial Average jumped 1,351.62 points, or 6.4%, to close at 22,552.17. The Dow capped off its biggest three-day surge since 1931. Over the past three days, the Dow is up more than 20%.

https://www.cnbc.com/2020/03/25/stock-market-futures-open-to-close-news.html?__source=newsletter%7Cbreakingnews

yom2:
please any stimulus package for nigeria

Former Vice President Atiku Abubakar has asked the Federal Government to pay each household in ten thousand naira (N10,000) as a supplement for foodstuff within the period in which many are confined to their homes.

The presidential candidate of the Peoples Democratic Party (PDP) made this call on Wednesday when he donated N50million as relief fund to support the Federal Government’s battle against the coronavirus pandemic in the country.

https://www.channelstv.com/2020/03/25/covid-19-atiku-asks-fg-to-pay-each-household-n10000/amp/

America $2Ttillion Stimulus package mode of payment

The moment Dividend Hunters discover AGMs postponement

"If you're gonna play the game, boy
You gotta learn to play it right
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done-kenny Rogers

BARGAIN HUNTERS TAKE NOTE!


https://www.youtube.com/watch?v=MN1AtzLrW4Y

Tribute to a music icon Kenny Rogers the Godfather of BARGAIN HUNTERS

https://www.dailymail.co.uk/news/article-8137345/Country-music-icon-Kenny-Rogers-dies-aged-81.html

After 9yrs of prodigal spending Transcorpse is finally coming home to Mama