₦airaland Forum

yMcy56:
I'd expected that someone will add the ones not included.
You did. Thanks.

HesInMe:
No nah. You know I read and respect your opinions. My question was, Why invest now?

Okay, let me offer why not now, then tell me where I'm wrong: That the stock is trading on Presco stardust that will dissipate soon; that their most prized assets, oil palm seedlings, are 5-8 years from peak production; and that the company effectively has zero revenue and is burning through cash.

Valthegreat:
YMcy Crownprince just said that you were instrumental (among others) in guiding him to secure the bag when he was new here, I beg I am new here no w o! please come to my aid I want to secure the bag like him too.
If I had discovered this group earlier after events of 2008 made me give up on Nigerian stock exchange I would have done a lot better in the area of investment decisions but I believe better days are ahead.
ONE LOVE!!!

Health3:
HMCALL, about to take off?
Small space still remain. Final boarding ongoing.....

ositadima1:
I sold Sugar at an 880K loss because I kept buying at higher prices—my first purchase was at 20-something (I need to check). After selling Sugar, I used the proceeds to buy into Presco, which is now up about 70%.

I noticed issues with Sugar but held on until it became painfully clear that there was a problem—then I sold. I even made a case for that very issue, and the problem in Sugar still exists. I provided a detailed analysis of it, and it’s here.

This isn’t about competition. You’ve been in this longer than I have—I only started in 2020. Just saying.

yMcy56:
Yes. Better days ahead.
Many left and never come back nor want to hear anything NSE again after the event.....it's unfortunate.
* I believed you're registered with a broker with live trades, and where you can trade by yourself.
* Try and follow some monikers here, so you can be getting a copy of their posts anytime they make a post.
* We have some ogas-on-top here, try and follow them for FA and TA as well....
* Visit some of their pages to learn more......Ogas like: Emmanuelewumi, WanajO, Onegentleguy, BullBearMrk, Currentprice, Aj8, RabbidOracle, and some others
* This thread is full of great information about investing and stock market, do find time to be reading thru the past pages, sieve and skip jokes, vawulence and some irrelevances. 😊
* There are investment books that can help shape your investment journey, try and lay hands on some to get yourself equipped
* You've been doing well, it can only be getting better. 😎

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/43132_UNITED_BANK_FOR_AFRICA_PLC-APPROVAL_OF_GROUP_AFS_FOR_THE_YEAR_ENDED_DECEMBER_31,_2024_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

CBN reviewers need to sit up. They get to know the dividend proposed by UBA and other market sensitive information which they can take advantage of. Are they more skilled than the Auditors of the banks? What's the earliest time the results and dividend declaration will be released to the public? 2 weeks or 4 weeks?

I estimate a final dividend payment of not less than N2. That is total dividend payment of N4.

Toluway:
I sold at over 4m loss. God... Forgive me my sins.

Valthegreat:
Thanks so much for the info, you are highly appreciated.
I am learning seriously, when I grow up I go like to be like una

Please what's your advice for PZ and soon Unity Bank. Load or watch first?

Toluway:
I sold at over 4m loss. God... Forgive me my sins.

SonofElElyonRet:
Anyone looking to sell mutual benefit urgently? Might be interested

ositadima1:
Okay, let’s think about this logically for the sake of academic discussion:

1. Have you checked how much land they own? Even without generating revenue, that land is appreciating in value, especially now that the naira has devalued more than ever before. Please help me calculate the worth of the owned land—not the leased land.

2. Their piggery section won’t take "eight years" to mature as you claim. I may be wrong, but you can easily Google the pig life cycle.

3. I heard they have invested in crops that can generate marginal revenue in the meantime.

4. In six to eight years, palm fruit will be worth more than it is today. That’s how the world works—prices tend to rise over time, even under good governance. It’s built into the system.

5. One of the directors loaned ₦1 billion to the business. So, who should I believe—you, with no skin in the game, or someone who put his own money on the line? Who should I take more seriously?

Toluway:
I sold at over 4m loss. God... Forgive me my sins.

crownprince2017:
Osita please don't entertain any validation, if anybody is interested in ellahlakes they should do their due diligence, atleast you are not paid to recommend for people.

Osita don't market our ellahlakes to anyone, it's a dogoyaro company..

SonofElElyonRet:
Anyone looking to sell mutual benefit urgently? Might be interested

ositadima1:
Okay, let’s think about this logically for the sake of academic discussion:

1. Have you checked how much land they own? Even without generating revenue, that land is appreciating in value, especially now that the naira has devalued more than ever before. Please help me calculate the worth of the owned land—not the leased land.

2. Their piggery section won’t take "eight years" to mature as you claim. I may be wrong, but you can easily Google the pig life cycle.

3. I heard they have invested in crops that can generate marginal revenue in the meantime.

4. In six to eight years, palm fruit will be worth more than it is today. That’s how the world works—prices tend to rise over time, even under good governance. It’s built into the system.

5. One of the directors loaned ₦1 billion to the business. So, who should I believe—you, with no skin in the game, or someone who put his own money on the line? Who should I take more seriously?

ositadima1:
The ₦4 million may be a very small fraction of your invested capital, but I have learned that selling at a loss is not necessarily a bad idea if you can identify a suitable replacement. Trading is all about turnover. You could spend two years waiting for a stock to gain 200%, or you could cut losses—taking a 70% gain here and a 50% gain there—ultimately achieving far better results over the same period.
I'm a low capital investor. Just for information purposes.

There are many paths to success, as long as you have a system that screens for good stocks. Fortunately, this thread provides that for free. Many posters share stock picks that you can research further. My point is, you don’t have to hold on to a losing position, especially if it’s clear that recovery will take a long time.

zendi:
May The Almighty God multiply it back to you many times over In Jesus' Name. Amen.

zendi:
I was even looking to come and load from your warehouse, penny stocks magnet.

ojeysky:
Me too

sterlingD:
From past antecedents give it 4 weeks.l went back to check the trend for 2022 and 2023. There was delay notification issued on the delay of release of the audited year end result

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/43132_UNITED_BANK_FOR_AFRICA_PLC-APPROVAL_OF_GROUP_AFS_FOR_THE_YEAR_ENDED_DECEMBER_31,_2024_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

CBN reviewers need to sit up. They get to know the dividend proposed by UBA and other market sensitive information which they can take advantage of. Are they more skilled than the Auditors of the banks? What's the earliest time the results and dividend declaration will be released to the public? 2 weeks or 4 weeks?

I estimate a final dividend payment of not less than N2. That is total dividend payment of N4.

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/43132_UNITED_BANK_FOR_AFRICA_PLC-APPROVAL_OF_GROUP_AFS_FOR_THE_YEAR_ENDED_DECEMBER_31,_2024_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

CBN reviewers need to sit up. They get to know the dividend proposed by UBA and other market sensitive information which they can take advantage of. Are they more skilled than the Auditors of the banks? What's the earliest time the results and dividend declaration will be released to the public? 2 weeks or 4 weeks?

I estimate a final dividend payment of not less than N2. That is total dividend payment of N4.

ositadima1:
Learn this today: You gain more from arguments than from one-sided dialogue. BBM is good, no doubt, but like all of us, he has room for improvement—which I pointed out clearly. He gets some things right and misses others. His predictions could be improved through backtesting and greater specificity. If you’re interested, you can take on that assignment: gather all his predictions, compare them with the corresponding data at the time, and see if they would have resulted in a huge profit or small profit. It’s not difficult, just time-consuming.

As for Agba, he predicted a market crash that never happened. What if you had followed his advice and offloaded all your stocks in anticipation? You would have missed these gains.

Please stop being emotional and sentimental—try to analyze these things critically. An argument isn’t meant to shut you up; it’s simply an exchange of opposing views. I understand that in your culture, arguments may have negative connotations, but how is that my fault?

Sunrisepebble:
On second thoughts I think I agree with @Hesinme view about the banks.
For those that have alloted shares already, since they’re already listed, they will qualify for dividend. We could see a lower dividend per share for these banks that alloted. The full year earnings will be divided by old shares but the dividend will be paid on new shares.
It could be a much lower dividend yield than we’re used to. What would market reaction be then