₦airaland Forum

Mcy56:
Oh, so today's cross deals is 13% of total share capital
If what you are saying in the bolded is from reliable source, that would be great.

Sorry it's was roughly 8% not 13%

locodemy:
when one is disappointed,regret follows.

That's the language of those that missed the TRAIN

Well roughly 8% of UNIONDAC Share Capital was exchanged in some CROSS DEALS.
Expect more CROSS DEALS.
BARGAIN HUNTERS TAKE NOTE!

Corrected.

*ThE OcToPuS*

Mcy56:
I saw the volume too, maybe something good is coming its way....

The volume of UNIONDAC traded from this year Jan 1st till yesterday is not up to 170mUnits.
5k Dividend loading....
N1:50 price appreciation not far-fetched.

*ThE OcToPuS*

MonkeyHunter:
This is suffering from the ignored stock effect. The share price has not performed in the past so nobody pays it any attention.

Union Diagnostic had negative retained earning for a couple of years (- N635m as @ 2015, -N320mas @ 2016) which has now been written off with the latest result. (+N157m as @ Q2 2018). The company is now in a position to pay dividend to its long suffering shareholders with a reasonably high dividend yield at the current proce

Market Cap is N710m 2016 PAT was N316m valuation wise it is pretty cheap. With the latest result it is on track to exceed the 2016 PAT.

The demand for their services (Medical tests) is huge, profitability has been consistent and growing steadily over the past 4 years and capital requirement is low with minimal debt. Float is 49% or N340m so slight buying pressure pushes the share price up.

One should not be anchored to the past but update the prospects of the company with recent information.

Cheers
The MonkeyHunter

Over 270m units of BULLETS was just loaded in UNIONDAC ARMORED TANK

*ThE OcToPuS*

DIEMONDBK. Shellholders rightnow

ACCESSBANK Shareholders rightnow

PETERiCHY:
10 more trading days to go in 2018.
We should EXPECT Santa Claus RALLY any moment from now.

*ThE OcToPuS*

Santa Claus RALLY
earnestly kicked off.
7 more trading days for COYS to tidy their 2018 financial books.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

Chibu and his BONANZA GANGS rightnow

Yariya and her diemondbk juicy shareholders rightnow

PETERiCHY:
The case of DIAMONDBK is what FELA referred as "Deadi bodi get accident yeepa"
"Confusion break bone yeepa"
"Na double Wahala for deadi and the owner of deadi bodi"

My candid advice is for their shell-holders to flee and ask questions later. We already hv enough problem in Nigeria not to come and carry Dozie family own join.

Thank me later.

*ThE OcToPuS*

My heart goes out to those that disobeyed the *ThE OcToPuS* including those that were busy flashing their paper profit and claiming they aren't Peterichy.

May God in his infinite mercies deliver you guys from
the hands of that SLAVE DRIVER called HERBERT WIGWE

*ThE OcToPuS*

PETERiCHY:
At this point that the CRACK in DIEMONDBK is OBVIOUS and in PUBLIC GLARE even if UZOMA & his family decide to throw in the towel. Its already late and the rout will take it FULL COURSE.

The shareholdings will be RESTRUCTURED going FORWARD by the new MANAGEMENT and MINORITY shareholders will MOSTLY bear the BRUNT.

THOSE that has EARS let them HEAR.


*ThE OcToPuS*

https://www.thecable.ng/exclusive-access-bank-acquires-diamond-bank


According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN).

The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, sources informed TheCable.

Last week, Diamond Bank announced its decision to drop its international operating licence to focus on national operations following capitalisation issues.

A Diamond Bank official who spoke to TheCable said there was no need to panic, and all accounts with the bank remains in safe hands.

Uzoma Dozie, the bank’s chief executive officer, confirmed the development in a statement released on Friday.

PETERiCHY:
Affliction Shall not repeat twice!

President Muhammadu Buhari has, Friday, warned governors and other leaders in the country to brace up for tougher times ahead, especially as regards the economy and infrastructural development of the country, saying things will be harder than before.

President Buhari gave the statement in a message to the 36 state governors during a closed-door meeting with them in Abuja.

Mr President talked to us in the manner that we have a task ahead of us. So, we should tighten our belts and see how we can put Nigerian economy in the right direction and how we can address the nation’s infrastructural decay.

“So, all of us as leaders, especially those that are coming to the National Assembly and those coming back as governors and the president who will be re-elected by God grace, we should not think that things are going to be easy.

“They are going to be harder than before, this was the message of Mr President.’’


https://www.nairaland.com/4904475/things-harder-than-before-president#73843797

10 more trading days to go in 2018.
We should EXPECT Santa Claus RALLY any moment from now.

*ThE OcToPuS*

Affliction Shall not repeat twice!

For those on SMN.

4 mnths into BUBU/JUBRIL go-slow regime.I predicted thats the epitome of what to EXPECT in his 4yrs regime and it's now CRYSTAL CLEAR.

For those of you still praying for the rampamping BULL..

All you need do is simply OBEdiently ATIkulate and watch out for a repeat of 2006/2007 RALLY when the SUDANESE is finally kicked back to his country.

FOREIGN INVESTORS are all on the SIDELINE waiting for the TRIED & TESTED DUO wey SABI.

*ThE OcToPuS*

Jonathan:
God forbid . I will never waste my time reading a single line from the book written by the otueke clueless drunkard .

[https://www.nairaland.com/4898551/2019-near-focus-defeating-atiku#73755540]

Obasanjo who replied by saying, all Nigerians want for the federal government to do is to sign the electorial bill, all Nigerians wants is free, fair election but it seems the APC government are not ready to be honest with the peolpe.

Nigeria will be restored again and the only person who can do that is Atiku, why is it that INEC is not bothered about the electorial bill'? something is fishing he says.
According to Obasanjo servants talk when their master asked them to, so anyone who is talking about my support for Atiku means the person has been given the power from above to talk to me. every Nigerian has the right to talk, but APC politics is a child play they need to be mattured.

2019 is near let the choice be made by Nigerians who really wants to move forward not by attacking me or those not standing with APC with hate speech and you will tell Nigerians you are fighing against hate speech. focus on defeating Atiku and leave my business alone with whom am supporting.

Godlylifeoneart:
Now available for a free download THE MISREPRESENTATIONS OF FACT, PUBLISHED BY THE CLUELESS ONE. JOLANTERN BADLUCK

https://www.pdfdrive.com/my-transition-hours-d112226759.html

Since you said GEJ represents BADLUCK
May your life be like BUHARIi administration.
Say a loud Amen to that!

dipoolowoo:
C&I Leasing Reduces Share Capital by 75% to 404.3m Shares
https://businesspost.ng/2018/12/10/ci-leasing-reduces-share-capital-to-404-3m-from-1-6-billion/

This exactly what will happen to Diemondbank in the nearest future.
Bargain Hunter's TAKE NOTE!

*ThE OcToPuS*

OPEC has reportedly agreed to cut oil production, but the cartel is not releasing details of the deal until it reaches an agreement with allied producers including Russia.

The influential OPEC oil cartel is meeting at its headquarters in Vienna, Austria on Thursday with the aim of reaching an accord over production levels for the next six months. The 15-member organization will then hold talks with allied non-OPEC partners including Russia on Friday.

https://www.cnbc.com/2018/12/06/opec-meeting-oil-prices-in-focus-as-saudi-arabia-russia-discuss-production.html?__source=newsletter%7Cbreakingnews

currentprice:
thatz true prof. if Q3 good,, PETER can not even see 100k unit buy talk less of the 1.7m unit. if he see 100k unit buy it will be at higher price. he think mkt no get eyes

Point of correction i already got 7m units and still waiting to top up more 3m units @ my TARGET PRICE. so I'm begging BONANZA GUYS to release their holdings.

Mpeace:
Three taaaazan naira portfolio. No be small something.

Before nko go try stealing Three taaaazan naira and get caught if you won't be lynched

mendes911:
Make you no dey lie joorrr. See your statement attached.

Well if that will put smile on your face I concur.

currentprice:
i have not comment on the stock based on their Q3, the reason is the stock Q3 failed to met expectation. its movement so far not surprise especially when mkt is full of bonanza with less risk.

Really! CP so no more comment from you now that i finally got tasere units @my 23k Target price. and still hope to top up @myTARGET PRICE.

Well come April 2019 their FY result will justify the means.

LOCO will bear me witness.

*ThE OcToPuS*

PETERiCHY:
Divide WAPCO last Right Issue of N42:50k by 4 then you start seeing value.... Above all thank God Pa. Emma has gone for retirement before all this drama start unfolding.. if not

BARGAIN HUNTERS are Patiently waiting for WAPCO @Circa#10 few days before Presidential Election.

Those that has EARS let them HEAR.

*ThE OcToPuS*

PETERiCHY:
Divide WAPCO last Right Issue of N42:50k by 4 then you start seeing value.... Above all thank God Pa. Emma has gone for retirement before all this drama start unfolding.. if not

Lafarge Africa Plc will raise N89.21bln by way of a Rights Issue at N12.00 per share,
by issuing 6 new shares for every 7 shares held by shareholders at the Qualification
Date, which will be announced.


https://trwstockbrokers./2018/12/04/lafarge-wapco-plc-corporate-actions-dec-2018-announcement-of-proposed-rights-issue/

PETERiCHY:
After 2 days RESPITE courtesy of MM Abracadabra for SMART MONEY to bail out @90k .From Monday DIEMOND BANK journey to GOLGOTHA will commence in earnest.

BARGAIN HUNTERS TAKE NOTE

*ThE OcToPuS*

Another wonderful OPPORTUNITY for INDECISIVE MONEY to BAIL-OUT @60k afterwards the journey to ABYSS will commence.

Those that have EARS let them HEAR.

*ThE OcToPuS*

Dwizeone:
A lot of people are actually monitoring on the sideline, interesting times ahead. I really do hope the young man take the path of honour and do the right thing.

At this point that the CRACK in DIEMONDBK is OBVIOUS and in PUBLIC GLARE even if UZOMA & his family decide to throw in the towel. Its already late and the rout will take it FULL COURSE.

The shareholdings will be RESTRUCTURED going FORWARD by the new MANAGEMENT and MINORITY shareholders will MOSTLY bear the BRUNT.

THOSE that has EARS let them HEAR.


*ThE OcToPuS*

Mr.MARKET and BARGAIN HUNTERS rightnow

PETERiCHY:
Expect a NEGATIVE CHAIN REACTION in other TIER 2 BANKS.
SMART MONEY will start bailing out from others tier 2 banks ei FIDELITYBK. FCMB. STERLINGBK. to wait for DIAMONDBK at their ROCK BOTTON price which I learnt is 21kobo.

BARGAIN HUNTERS TAKE NOTE.

*ThE OcToPuS*

FCMB Sighted @#1:39k
FIDELITY Sighted @#1:89k
My fellow BARGAIN HUNTERS the pic below depicts the current market situation

*ThE OcToPuS*

PETERiCHY:
The case of DIAMONDBK is what FELA referred as "Deadi bodi get accident yeepa"
"Confusion break bone yeepa"
"Na double Wahala for deadi and the owner of deadi bodi"

My candid advice is for their shell-holders to flee and ask questions later. We already hv enough problem in Nigeria not to come and carry Dozie family own join.

Thank me later.

*ThE OcToPuS*

I really PITY emotional investors that are still eyeing DIAMONDBK even @20k because we've been there before starting from Allstates Trust BANK IPO to IBPLC. OCEANIC. AFRIBANK. BANKPHB. FINBANK. to mention but few and recently SKYEBANK.

The so called certified healthy banks are nothing to write home about compared to their peers in other climes let alone the ones on clear path of INSOLVENCY.

*ThE OcToPuS*

UZOMA and his DIEMONDBK BUS rightnow

Considering developments in the company and strategies to drive expansion and growth, we foresee a higher earnings power at the end of 2018 that would drive the price and offer dividend to shareholders in the coming years.
The stock is currently selling at 42 kobo, indicating a huge intrinsic value for discerning investors, especially considering that the Book Value is currently N1.26 per share, while Price/Book Value of 0.38. This means that investors are paying less for the company’s intrinsic value.

With the progress recorded in recent years and the first quarter 2018 earnings report, there is an indication that the company would beat its earnings forecast for 2018. This is based on the fact that government at federal and state levels are eager to concentrate efforts on improving the nation’s health care system.
The current Book Value at N1.26 per share and profit margin of 22.42% signify that the stock is undervalued, just as its Net Profit Margin of 22%, indicates that from every Naira generated from sales, 22 kobo is retained as profit.

https://investdata.com.ng/2018/06/union-diagnostic-set-dividend-payment-accumulated-losses-decline/

If the above report is TRUE
then their shareholders should be ready to kill cow and cook new soup come July 2019.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*