₦airaland Forum

robobo:
.

My Oga no worry dem go recalibrate dir expectation by the time dey see d dividend yield on so called 1st tier banks

expect generally 5-6% yield at BEST form this set as at todays price (i.e. 1st tier banks).

it is then they wld know that d 7.7% and 8.5% of Afriprud and UCAP is a bounty

N.B im on both side of d fence jst dat my expectation has been well calibrated as i wasnt expecting more than as paid by Afriprud and UCAP

fxuser:
Transcorp
- how 30m got traded despite my hawk eyes this morning is still baffling me

FBN/ Fidelity
- there is a thing line between SHAKING and BAKING

fxuser:
Ucap
- on full offer
- so 35 kobo is vexing dis greedy dividend hunters
- issorai

veecovee:
Ucap disappointed this year

fxuser:
Bids
- there are some bids one needs to be mindful of :
- the shadow bids
- the support bids
- the fake bids
- the disappearing bids
- the MM bids
and be be lo

DeRuggedProf:
If you are in Japaul, keep refreshing the bid offer page even when market close.
This is not a stock to own and sleep at night.
Make sure you hire an additional watchman..
Relocating to customs street may not even be a bad idea.
One day it will be Jaaaaaaaaaaaaaa and one of Fxuser's bid modes will be identified.....

yom2:
pls give us profound news,clues . these are things people are aware before now

Princkez:
I'm out of TRANSCORP before uncle T will flog me again.... entered @79k

Princkez:
I'm out of TRANSCORP before uncle T will flog me again.... entered @79k

PharmAlfred:
This one don come out? Pls share.

rationalmind:
Saw this 1m bid at 21.45 on DS, immediately sellers pushed the price down to 21.50 or there about, the bid disappeared only to reappear at 21.55 when buyers pushed it up to 21.60.

This market is very easy to manipulate in the short term if one is heavy on funds.

kolaish:
I don't think there is any manipulation anywhere, it is still the normal market movements as portrayed by buyer and seller. For example, I placed a buy order for 1m units of UCAP at 4.20 but within the next hour, others bidded higher and after an hour, I cancelled my order and channelled the fund to other stock. Much ado about nothing.

rationalmind:
I'm almost certain (like a 100%) there will be a quick reversal in price following this sell off. When this will happen is what swing traders should watch out for.

Willie2015:
UCAP

UNITED CAPITAL PLC AUDITED RESULT FOR THE YEAR ENDED 31ST DECEMBER 2017

HIGHLIGHTS OF THE STATEMENT OF COMPREHENSIVE INCOME



REVENUE = DEC 2017 N8.92bn 2016 N9.0bn

EXPENSES = DEC 2017 N3.37bn 2016 N2.63bn



PROFIT BEFORE TAX = DEC 2017 N5.55bn 2016 N6.37bn

TAX = DEC 2017 N1.19bn; 2016 N363.21m;

PROFIT FOR THE PERIOD = DEC 2017 N4.36bn; 2016 N6.91bn

EARNINGS PER SHARE = DEC 2017 73Kobo; 2016 115Kobo;



Corporate Actions

Dividend declared – 35k per share

Dividend is payable to shareholders whose names appear on the
Register of Members at the close of business on March, 8 2018.

AGM Date -14th April, 2016

Closure Date -31st March – April 1st 2016

Source: TRW

onegentleguy:
Clearly below expectation. ...I saw this coming though.
Now the most likely scenerio would be for investors especially dividend players to punish this one to levels that would be just commensurate to a 10% or below dividend yeild. ...pahaps at levels btw N3.1 - 3.4.
...that would sure be a good range to key in before the mark down date.

onegentleguy:
Clearly below expectation. ...I saw this coming though.
Now the most likely scenerio would be for investors especially dividend players to punish this one to levels that would be just commensurate to a 10% or below dividend yeild. ...pahaps at levels btw N3.1 - 3.4.
...that would sure be a good range to key in before the mark down date.

Agbalowomeri:
Not likely to go below 3.5

onegentleguy:
My Oga pls never say never. ...there realy aren't much difference btw N3.4 and N3.5.
...In this market when as a coy u increase the appetite of dividend players thru a high pay out ratio, then they expect u to keep improving or at the very least meet up with their expectations. ...anything short of it would usually be punished. ...sometimes even beyond acceptable limits.

As it stands right now, the difference btw AFPRUD and UCAP is that while their dividends pay out fell slightly below expectation, the latter also failed to improve in their Nos.
My veiw is that AFPRUD would likely recover faster from any pullback in price. (...it lost just a minot 1k today to close @ N5.19 while UCAP lost nearly 5% down from N4.30 to N4.09).

Luckily though, I still have a Fair Price for UCAP that is above the current market price. (...at a slightly below 38% premium from today's closing price).
But that's just me. ...dividend hunters may likely think otherwise.

We keenly await on Mr TIME to do his thing.

NOTE: This is merely an analysis on UCAP, and a recommendation to sell, hold or buy.
...DD always advised pls.

rationalmind:

onegentleguy:
...I just edited and corrected the minor error.
Na dat one u go see quick. ...badt guy !!

onegentleguy:
...I just edited and corrected the minor error.
Na dat one u go see quick. ...badt guy !!

onegentleguy:
My Oga pls never say never. ...there realy aren't much difference btw the range of N3.1- 3.4, I mentioned and that of N3.5.
...In this market when as a coy u increase the appetite of dividend players thru a high pay out ratio, then they expect u to keep improving on it or at the very least meet up with their other expectations. ...anything short of it would usually be punished. ...sometimes even beyond acceptable limits.

As it stands right now, the difference btw AFPRUD and UCAP is that while their dividends pay out fell slightly below expectation, the latter also failed to improve in their Nos.
My veiw is that AFPRUD would likely recover faster from any pullback in price. (...it lost just a minot 1k today to close @ N5.19 while UCAP lost nearly 5% ...down from N4.30 to N4.09).

Luckily though, I still have a Fair Price for UCAP that is above the current market price. (...at a slightly below 38% premium from today's closing price).
But that's just me. ...dividend hunters may likely think otherwise.

We keenly await on Mr TIME to do his thing.

NOTE: This is merely an analysis on UCAP, and not a recommendation to sell, hold or buy.
...DD always advised pls.

wanaj0:
He will SELL to the local market in DOLLARS! He will not RUN filling stations. Margins are TOO thin.

Refineries don't advertise. Oil producing companies don't look for customers. There ys a reason for that

DeRuggedProf:
https://trwstockbrokers./2018/02/26/upcap/


UNITED CAPITAL PLC AUDITED RESULT FOR THE YEAR ENDED 31ST DECEMBER 2017

HIGHLIGHTS OF THE STATEMENT OF COMPREHENSIVE INCOME



REVENUE = DEC 2017 N8.92bn 2016 N9.0bn

EXPENSES = DEC 2017 N3.37bn 2016 N2.63bn

PROFIT BEFORE TAX = DEC 2017 N5.55bn 2016 N6.37bn

TAX = DEC 2017 N1.19bn; 2016 N363.21m;

PROFIT FOR THE PERIOD = DEC 2017 N4.36bn; 2016 N6.91bn

EARNINGS PER SHARE = DEC 2017 73Kobo; 2016 115Kobo;



Corporate Actions

Dividend declared – 35k per share

Dividend is payable to shareholders whose names appear on the
Register of Members at the close of business on March, 8 2018.

AGM Date -14th April, 2016

Closure Date -31st March – April 1st 2016

rebekah2011:
I have gone through the financials and I must say that the coy didnt do badly. They needed to moderate the dividend proposed because of the excess tax on dividend which is becoming unwieldy for the coy. However, management seems to have rewarded themselves more than the owners of the business. One cannot afford to sleep with two eyes closed in some of these companies. I hope to buy more whe it is marked down. That average cost of Oga Oracle at 77kobo is something I have to beat hands down.

Agbalowomeri:
Make una chop dividend drink water na

Princkez:
I'm out of TRANSCORP before uncle T will flog me again.... entered @79k

rationalmind:
I'm almost certain (like a 100%) there will be a quick reversal in price following this sell off. When this will happen is what swing traders should watch out for.