₦airaland Forum

This market is crazy. UBA could start reversing today. It is now well below its 50 day MA. Best is to monitor closely and pull the trigger on any sign of reversal.

Itzlinda:
It is likely to drop another 10% tomorrow.

I really wished I have fund to scoop tomorrow

ositadima1:
Lol, instead of admitting you overlooked something in your comparison, you chose to put it this way.

So BUA can manipulate prices but WAPCO cannot? Funny how reasoning gets weird when you choose sides.

Hope say you never dirty your eyes this Nigerian morning? 😁
Did you read my post you quoted well?

I said looking at the OS alone.....and you mentioned % ownership, of which I said it's true and that of BUACEM could be a subject of manipulations.... possibly, so what's the ommision here now? 🙄

** Note l: I didn't say it's manipulations but "could be", i.e. manipulations is possible.

yMcy56:
Hope say you never dirty your eyes this Nigerian morning? 😁
Did you read my post you quoted well?

I said looking at the OS alone.....and you mentioned % ownership, of which I said it's true and that of BUACEM could be a subject of manipulations.... possibly, so what's the ommision here now? 🙄

Don't be a sour woman.

I've never really understood why people care so much about share count when comparing valuation across firms. It's utterly meaningless on its own.

Value is value whether you syndicate it with 1,000 shares or 1 billion shares. Surely investors can do the simple arithmetic.

yMcy56:
BUACEMENT has 34bn OS
WAPCO has 16bn OS
DANGCEM 16.9bn OS

Just considering the OS alone, WAPCO should catch up with BUACEMENT.......na my ghetto analysis be this 😁

DANGCEM na the baba for them all...

Technically, you have a point.
However, it's basic shareholder logic to know that OS will determine the DPS

HesInMe:
I've never really understood why people care so much about share count when comparing valuation across firms. It's utterly meaningless on its own.

Value is value whether you syndicate it with 1,000 shares or 1 billion shares. Surely investors can do the simple arithmetic.

HesInMe:
I've never really understood why people care so much about share count when comparing valuation across firms. It's utterly meaningless on its own.

Value is value whether you syndicate it with 1,000 shares or 1 billion shares. Surely investors can do the simple arithmetic.

Because share quantity counts a lot, the fewer the shares, the easier(faster) it is for a stock to move, simply due to the law of demand and supply (or scarcity, or whatever term you choose to give it). I guess, as an investor, you might find it hard to understand.

Look at Airtel Africa as an extreme case: the fair value of Airtel Africa is far above its current share price, but because the free-floating shares are so few, there isn’t enough available to move the price. The same applies if you have too many shares in circulation with too many people holding them, movement will be slower as well.

HesInMe:
I've never really understood why people care so much about share count when comparing valuation across firms. It's utterly meaningless on its own.

Value is value whether you syndicate it with 1,000 shares or 1 billion shares. Surely investors can do the simple arithmetic.

So you don't know it could have impact on the valuation?

Osita, abeg answer him with those technical jargons...
Me I be amateur with PAT view and primary School Arithmetics. 😁

Over celebration wan finish mua, gtco and nascon just dropped. God be praised.

Gtco dividend?

edwardaigb:
Over celebration wan finish mua, gtco and nascon just dropped. God be praised.

Thank you Wapco

GTCO dividend just landed. What a week. The highest dividend i have ever got from a particular stock since 2008.

Sunrisepebble:
Thank you Wapco

Why e dey run? I get plenty but even though…I would prefer to accumulate some more overtime. 300 is crazy work

welzyj2:
Wapco is really going after Buacement o

This market is interesting and sometimes similar events and occurrences replicate in different sectors.

I recall when WAPCO was struggling and restructuring; selling below N20. Today, it is almost N300 and seen as going after BUACEMENT
Soon, similar comparisons could be made for Oando and Seplat/Aradel as well.
Restless Oandoites just need to ''f'okan ba'le''

Mills55:
GTCO dividend just landed. What a week. The highest dividend i have ever got from a particular stock since 2008.

And you want to chop am alone? Is that good?

Oando hopium still going strong in this forum

mikeapollo:
This market is interesting and sometimes evens replicate in different sectors.

I recall when WAPCO was struggling and restructuring; selling below N20. Today, it is almost N300 and seen as going after BUACEMENT
Soon, similar comparisons could be made for Oando and Seplat/Aradel as well.
Restless Oandoites just need to ''f'okan ba'le''

Good day great investors. I was able to offer all my UBA stocks during the pre market ( fastest fingers first (fff) In fact, i was number 17 on the tray. I was surprised that only 7,000 was sold and i was taken down on queue to #98. I thought it is a first come first serve, hence am surprised that only a paltry units of 7,000 was sold. I await who know how this works as i don't think it will get to my turn again.

But, tomorrow will be another date to offload UBA. I can even buy MEYER paint that is ready to pay N0.45k. I am a dividend investor.

During Premarket, do you do market or limit order?

jonnysessy:
Good day great investors. I was able to offer all my UBA stocks during the pre market ( fastest fingers first (fff) In fact, i was number 17 on the tray. I was surprised that only 7,000 was sold and i was taken down on queue to #98. I thought it is a first come first serve, hence am surprised that only a paltry units of 7,000 was sold. I await who know how this works as i don't think it will get to my turn again.

But, tomorrow will be another date to offload UBA. I can even buy MEYER paint that is ready to pay N0.45k. I am a dividend investor.

The cement companies are doing 100% YoY growth. There is capacity expansion on the horizon for them as well. N300 is crazy but with a long term view, it’s still a buy at this point.

I have enough units (you can never really have enough) but I still buy in tranches in case I don’t get a pullback. .

deathwing:
Why e dey run? I get plenty but even though…I would prefer to accumulate some more overtime. 300 is crazy work

Thank you GTCO for the dividend. No be like some yeye bank that can't pay anything. Yet, they have huge money in their retained earning.

deathwing:
During Premarket, do you do market or limit order?

I did limit.

jonnysessy:
Thank you GTCO for the dividend. No be like some yeye bank that can't pay anything. Yet, they have huge money in their retained earning.

No vex they will do better next year

Workloads this early morning made me a little late...

UBA still looking for crude oil down the earth


Who did Tony offend bayi? The offers are too much na

ACCESS kind of recovering sha. Hope they pay a good dividends anyways

deathwing:
Oando hopium still going strong in this forum

I guess you too may have some ''opium'' working on you in your choice of investments.

Every investor believes in something about his/her investment. Otherwise, there would be no investments
I don't condemn any stocks.
I watch, listen, pick and buy the ones I am interested in, and ignore others. The ones I ignore today, I may buy tomorrow and vice versa.

DYOR
Not a buy or sell advice to anyone!

I can't believe UBA won't be paying dividends for the first time I recent years....

This is somehow to my ears sha

megawealth01:
I can't believe UBA won't be paying dividends for the first time I recent years....

This is somehow to my ears sha

They could have paid something like N1, just to calm nerves.

Na you cause am na. If not all your orders for don fill up

jonnysessy:
I did limit.

They honestly don't have money ... Leave all the packaging joor

mikeapollo:
They could have paid something like N1, just to calm nerves.

Right Issue: N50
Floor Price: N40

Investor's RIGHT has been violated.

edwardaigb:
Over celebration wan finish mua, gtco and nascon just dropped. God be praised.

Dividends can cause finally orgasm

Do not cancel the order
I experienced something similar yesterday after I dropped from #3 to #95 (my offer was eventually filled)...

jonnysessy:
Good day great investors. I was able to offer all my UBA stocks during the pre market ( fastest fingers first (fff) In fact, i was number 17 on the tray. I was surprised that only 7,000 was sold and i was taken down on queue to #98. I thought it is a first come first serve, hence am surprised that only a paltry units of 7,000 was sold. I await who know how this works as i don't think it will get to my turn again.

But, tomorrow will be another date to offload UBA. I can even buy MEYER paint that is ready to pay N0.45k. I am a dividend investor.

Shalom428:
Right Issue: N50
Floor Price: N40

Investor's RIGHT has been violated.

Which company is this? From what I am seeing it is like they want to dissuade interested investors so as they can mop it up for their self

Edited
I have got the gist now

mikeapollo:
And you want to chop am alone? Is that good?

Lol. I must pay tithe oo.