₦airaland Forum

robobo:
L

It is not even much just N10 billiion

I was thinking we will have over 1 billion shares on offer

Makeuna wake me up when the thing don reach 1 billion shares full offer

I want to do hostile take over from Tony

Ote$, is that you?

PETERiCHY:
SOFT REMINDER 🎗️

After the PUMPING comes the DUMPING

UBA on over 200m.full offer

ACCESS on over 100m full offer.

UBA Bargain Price is at circa #30 while

ACCESS bargain price is at circa #20 else be ready to lose your shirt if you buy above those prices.

BARGAIN HUNTERS TAKE NOTE!

Dem dey curse you for their heart

PETERiCHY:
So because of bad results and zero dividend Emma have quickly denied UBA

Would it being they declared #10 dividend
We hear things like

"I started buying UBA since 1909 when it was trading at 5kobo.."

"Nothing beats long term investment."

"The dividend I got from UBA is more than the capital I invested"

" UBA is 30% of my portfolio"

" I will be reinvesting all my UBA dividend including the ones I inherited from my grand mother back to UBA "

Abeg make una dey fear God small



BARGAIN HUNTERS TAKE NOTE!

With comments like this, do not blame Angels Gabriel and Raphael if and when they deny you entry at that dream gate.

I don talk my own oo.

GeeKudi:
To think I sold a good portion of my Wema to buy UBA 😩😩
Meanwhile, normally I no dey do banks o ☺️☺️

Classical case of nobody knows tomorrow

Thank you so much.
People think antecedents should be outrightly forgotten...

Every mallam to his kettle

aj8:
Even if it's going to 140, still best to see Q1 before buying anything. How many of the big banks have learned their lesson? Have we forgotten the past so soon? Impairments don't just happen..they were a series of bad judgments which without a strong regulatory agency would still have been baggages. I choose to wait till I see Q1above 7 and decide whether to load up or wait for a much lower price…maybe 90.

feelamong:
this is why i hate the 10% rule

this UBA for loose like 40% today and immediately bargain hunters would pick it at a low and it wont even affect the others suffering for UBA sin now

We really need to allow market fall and rise as the markets wants..

#NO10%Rule

Una Sha wan kill mosquito with sledge hammer.

Na dividend wey no pay. We no kill person.

Many are denying UBA. I have a lot of UBA. It’s my largest investment in the market. I believe the brand since the days of STB. Elumelu is a good manager

Kesta22:
Please house I placed a bid to sell my UBA shares by exactly 10am this morning. but when I opened the sell order it is showing executing but below there is a message showing “(308) minimum prize step 0.05 step”?
Second question why did the stock go down to 49.50 before the market opened today before 10am?
Any advice on how to go about successfully selling my stocks today?

Baba still dey ask questions

Agbalowomeri:
Prophet of UBA don fail again

"The vision is for an appointed time".. bet that's what he will say

mikeapollo:
I said "'it is believed that he took loan from the bank.........."'
''Perception'' is part of the factors that influence the stock market. Things could normalize soon with the release of better quarterly results, but it looks curious that UBA is reporting huge provisioning for possible insider loans at a time when the Chairman (or CEO) has just bought huge stakes in an international oil company.

Whichever way, you are correct, the Afrexim loan to Elumelu is a related party transaction; UBA backed several Afrexim loans, including the one taken by FG. All these guarantees will be included in the provisions. Unfortunately, the AFS won't list the names of the debtors. Elumelu indirectly used UBA funds to buy Seplat shares.

Kesta22:
Please house I placed a bid to sell my UBA shares by exactly 10am this morning. but when I opened the sell order it is showing executing but below there is a message showing “(308) minimum prize step 0.05 step”?
Second question why did the stock go down to 49.50 before the market opened today before 10am?
Any advice on how to go about successfully selling my stocks today?

Market resumes by 9.30am and closes by 4pm

phadriz:
Whichever way, you are correct, the Afrexim loan to Elumelu is a related party transaction; UBA backed several Afrexim loans, including the one taken by FG. All these guarantees will be included in the provisions. Unfortunately, the AFS won't list the names of the debtors. Elumelu indirectly used UBA funds to buy Seplat shares.

This is falsehood in accounting

10% rule is saving grace for most NGX stock as human emotions change with time. Otherwise UBA would have gone 50% down today.

Without this 10% max rule, stock market in Nigeria would have been shock market

What is pushing TIP further up any news on listing their PO

godlyguy:
This is falsehood in accounting

It is not enough to say falsehood without explaining. I'm open to a superior argument.

ogoo4real:
UBA announced no dividend, Access Bank dey suffer. Chaii

Cockroach Theory in Advanced Management 502.

VFD Group is desperately fighting a losing battle against gravity.
The same insiders who dumped on you before the rights issue have now laid bare the deep rot and fundamental weaknesses in your organization. The situation has deteriorated so badly that you’re reduced to patching your balance sheet with commercial paper.
Market gravity is waiting to punish you, and it’s coming hard below ₦10.00.

Kesta22:
Please house I placed a bid to sell my UBA shares by exactly 10am this morning. but when I opened the sell order it is showing executing but below there is a message showing “(308) minimum prize step 0.05 step”?
Second question why did the stock go down to 49.50 before the market opened today before 10am?
Any advice on how to go about successfully selling my stocks today?

When you opened the Sell Order, it can't be showing executing because, firstly, you placed at 10.00am while Premarket starts at 9.00am.....meaning, lots of offers/sales has lined up before you come to the market...

2ndly, you placed offer at wrong price.....meaning, if placing bid or offer for any stock above N10, you should place the bid in 0.05 steps....
Example: If you placed bid for ACCESS @28.24 it won't go thru.....
The "Par Value" movement is in 0.05.....e.g. 28.20, 28.25, 28.30......31.40, 31.45, 31.50.....etc.

godlyguy:
Market resumes by 9.30am and closes by 4pm

I need answers please, Should I place a bid on the current prize or should I sell below for it to go through? No “best bid”price is showing?

Kesta22:
Please house I placed a bid to sell my UBA shares by exactly 10am this morning. but when I opened the sell order it is showing executing but below there is a message showing “(308) minimum prize step 0.05 step”?
Second question why did the stock go down to 49.50 before the market opened today before 10am?
Any advice on how to go about successfully selling my stocks today?

You are on the queue, did you see the millions of shares on offer, you won't sell until there is sufficient bid to get to your turn n price. Pray a whale comes so all of you can dump and go elsewhere. Till then wait and review your price as appropriate daily.

Transfer of consequences in spiritual law.
Lamentation 5 :7

ppogba:
Cockroach Theory in Advanced Management 502.

yMcy56:
When you opened the Sell Order, it can't be showing executing because, firstly, you placed at 10.00am while Premarket starts at 9.00am.....meaning, lots of offers/sales has lined up before you come to the market...

2ndly, you placed offer at wrong price.....meaning, if placing bid or offer for any stock above N10, you should place the bid in 0.05 steps....
Example: If you placed bid for ACCESS @28.24 it won't go thru.....
The "Par Value" movement is in 0.05.....e.g. 28.20, 28.25, 28.30......31.40, 31.45, 31.50.....etc.

Thanks for putting me through

I don commot the boat since. I dont have VFD patience

Mankind2024:
VFD Group is desperately fighting a losing battle against gravity.
The same insiders who dumped on you before the rights issue have now laid bare the deep rot and fundamental weaknesses in your organization. The situation has deteriorated so badly that you’re reduced to patching your balance sheet with commercial paper.
Market gravity is waiting to punish you, and it’s coming hard below ₦10.00.

Kesta22:
I need answers please, Should I place a bid on the current prize or should I sell below for it to go through? No “best bid”price is showing?

Nobody wants to buy UBA

ogawisdom:
You are on the queue, did you see the millions of shares on offer, you won't sell until there is sufficient bid to get to your turn n price. Pray a whale comes so all of you can dump and go elsewhere. Till then wait and review your price as appropriate daily.

Thanks

Kesta22:
I need answers please, Should I place a bid on the current prize or should I sell below for it to go through? No “best bid”price is showing?

Are you placing BID or OFFER?
Bid = buying
Offer = Selling

The lowest price for UBA today is N49.50 (which is -10% for today)
The Price range for UBA is N49.50 lowest and N60.50 highest .
You can only buy or sell within this range for today.

* Market reality for now: UBA is presently on Full Offer @49.50.....
Sellers full ground no Bids yet......

Not even Mr Tony

godlyguy:
Nobody wants to buy UBA

godlyguy:
Nobody wants to buy UBA

The truth is that many people want to buy UBA, but not at its current price. Let it drop a bit, and you’ll see massive bids come in. They’re on the sidelines waiting for a good bargain, it will surge once the price is right.

KarlTom:
Not even Mr Tony

Another bleeding awaits UBA tomorrow

ositadima1:
The truth is that many people want to buy UBA, but not at its current price. Let it drop a bit, and you’ll see massive bids come in. They’re on the sidelines waiting for a good bargain, it will surge once the price is right.

Exactly 💯

After tomorrow's dip again people will start loading small small

feelamong:
this is why i hate the 10% rule

this UBA for loose like 40% today and immediately bargain hunters would pick it at a low and it wont even affect the others suffering for UBA sin now

We really need to allow market fall and rise as the markets wants..

#NO10%Rule

You wan kill people by turning it to shock market. I like the 10% rule Biko. I don't want anything rising or falling above 10% in a single day.

Saw a signal that the banks may do well, so, I bought Zenith and Wema. I'm over 80% up on my Zenith already. The success with Zenith coupled with their impressive dividend made me think UBA might do well too. Now I'm just going to become an investor in UBA

SonofElElyonRet:
Classical case of nobody knows tomorrow