maishai:
Nna ehhh.......If only I toned down the noise....... I once bought substantial unit of fbnh @ 3.05 and sold all but 1 unit at 6.15...... In that same period it once ran to #12..............,...........the same fantastic profit I dream of......See Fbnh dey do tanga ontop the .30k patapata div they will give this year





If Uba don't increase their final div this year to .90k they will never cross #9

Tony promised a minimum dividend of N1.00 for the financial year 2019, during the last AGM at Eko Hotel, having paid an interim divend of 20k we should be sure of a minimum final divend of 80k

emmanuelewumi:
Tony promised a minimum dividend of N1.00 during the last AGM at Eko Hotel, having paid an interim divend of 20k we should be sure of a minimum final divend of 80k

Wow! This will be interesting.

I have just depressed the share price of ACCESS (Sold)

Took a small hit. The hit came from DB portion of the consolidation with ACESSS. The Access bank portion returned near 90% profit.

I hate to hold cash, so I'll seek to increase my UACN holdings. This move may prove to be a masterstroke! UACN is expected to return at least 70% from here. Could ACCESS have done 70% from here?

Time will tell - i get am plenty

Good Job!

bigjay01:
I have just depressed the share price of ACCESS (Sold)

Took a small hit. The hit came from DB portion of the consolidation with ACESSS. The Access bank portion returned near 90% profit.

I hate to hold cash, so I'll seek to increase my UACN holdings. This move may prove to be a masterstroke! UACN is expected to return at least 70% from here. Could ACCESS have done 70% from here?

Time will tell - i get am plenty

emmanuelewumi:




Tony promised a minimum dividend of N1.00 for the financial year 2019, during the last AGM at Eko Hotel, having paid an interim divend of 20k we should be sure of a minimum final divend of 80k

Interesting for those that bought @ #6, but I don't trust Tony's promises........



Though I'm not in the bus again........what's up with wema bank........they paid .03k last year,any gossip if they can replicate same this year

Also chams.........any gossip on what management are planning this year.....,,there is no big news from main stream media on them......I once thought they were courting the current govt like caverton but all of a sudden they went underground

onegentleguy:


One would've thought that by now u will be lying on ur mattress, watching TV and sipping from a warm cup of holix drink until August/September 2020. ...or maybe take a break from the mkt and go on a vacation as u earlier asserted.
Pls calm down bro.

The pointers at this time, means that there'll be less likelihood for downside and more headroom for upside.
The feasible yield(dividend cashflow) from sound coys as against the much lower fixed space alternative, rising oil price(which signals that the government may have to borrow a little less in the short term), lower rate environment and near earnings season means that more funds will as a matter of fact find their way in than out.(inflow-outflow peg)
While I agree that there are concerns sorrounding the macro end of the economy(the result of long standing policy flip-ups from our leaders), the points noted above still presents a high arbitrage opportunity margin to tap from in the equity market space. ...particularly in the short term.
Our foreign brothers like that. It might interest u to know that one of their KEY reason for avoiding the mkt, is the believe that our present currency value is not a true reflection of the economic realities on ground. ...however that concern(though still there) has been suppressed by recent plays from the monetary policy end(thanks to the cbn) and relative stability(now rise) in oil peg.
I can confirm that one of our foreign brothers are in our midst. However, I believe there's a ploy(helped by the MM folks) to buy strategically and not overpay to get better value for their money.
That explains why u do not see ur much desired 10-10% rise. Everyone is becoming wiser. I am sure that if u were an FPI/HNI, u wouldn't go about throwing money around buying up coys with every 10% rise.

In all, I think ur advise to folks should rather be to have a plan and do well to stick religiously to it. ...more like following through with their laid out strategy(everyone should have one)
Personally, I also sold down(40% downsize)on my ACCESS @ N11 the last time it attained that high. But I did it, not because I felt I could time the mkt or outsmart it, but because there was a need to rebalance the portfolio at the time.
Overtime I have learnt that the mkt will ALWAYS have a mind of its own.
Our duty is not necessarily to try to interpret it but to have a personal strategy to follow through with what it interprets at any given time(trend).
...and at the moment, the mkt interprets a BUY more than a sell.
The KEY is to always ensure we BUY right !!

Regards

DeRuggedProf:


OGG was on his third edition on WAPCO before he lost his remote......

Recovered the ACCESS remote long ago. ...but also take due note of the part in bold.(a past revert to Oracle)

With that 'access dude', there's something to worry about... but then again, there's something not to worry about.(risk-reward margin in view)
Everything depends on how u view the cup of water... is it half full or half empty.(sentiment versus fundamentals weighed against reward in view)
We prefer to view it as the former.

The last post from Mr cashDimkpa captures a few of our thoughts but then, there's more !!
Unfortunately, I have less time to breakdown the access route right now.
However, one thing is certain; REWARD still pegs well ahead of RISK at this time.
We shall look to divest from our balance of 60% at the appropriate time.

As for chief WAPCO, we remain resolute with that fellow.
...our entry and BEP of N9 and N9.45(in that order) gives us relative peace.
It's a mid to long term play. Like I stated here in the past; Mr WAPCO even @ N21, remains a bargain.(risk adjusted reward with FVE in view)
Folks will still recall the link below.

I https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5028#84225497

I cannot go and come and go and come and kill myself for nothing !!

UBA will pay N1 dividend without any stress. The Q3 had EPS of N2.32

maishai:


Interesting for those that bought @ #6, but I don't trust Tony's promises........



Though I'm not in the bus again........what's up with wema bank........they paid .03k last year,any gossip if they can replicate same this year

akinssan:
Need to come back to km 8

E ku waiting ooo.
If you see buy for 10 self. Lol. Dont mind me, na NSE we dey.

rebekah2011:
UBA will pay N1 dividend without any stress. The Q3 had EPS of N2.32

The question is not if they can pay but will they pay?
I don't trust Tony with any promise.

maishai:


Interesting for those that bought @ #6, but I don't trust Tony's promises........



Though I'm not in the bus again........what's up with wema bank........they paid .03k last year,any gossip if they can replicate same this year

Expect WEMA to distribute a DPS of btw 3-5k for the 2019 calender year.
The probability of paying higher than the last 3k is near 1.
...a 4 to 5k payment is more likely.
There are fundamental reasons to believe so.

NOTE: Do not key into WEMA because of this post. Ur decision and action should be guided by ur instinct.

Regards.

bigjay01:
I have just depressed the share price of ACCESS (Sold)

Took a small hit. The hit came from DB portion of the consolidation with ACESSS. The Access bank portion returned near 90% profit.

I hate to hold cash, so I'll seek to increase my UACN holdings. This move may prove to be a masterstroke! UACN is expected to return at least 70% from here. Could ACCESS have done 70% from here?

Time will tell - i get am plenty

At a point, it is good to wait and check to avoid an investor been the one to return. UACN has gotten their fair bull. It's a time to review the goal post.
We need to ask sometimes, why the loosing stock sudden become beautiful bride? On UACN the eyeing of additional share from UPCREIT make them to rally, and were is UPCREIT now, southward. Where will UACN be latter after the split? UACN seems to have reach their pick. Because their final year result will not push them further.

onegentleguy:


Expect WEMA to distribute a DPS of btw 3-5k for the 2019 calender year.
The probability of paying higher than the last 3k is near 1.
...a 4 to 5k payment is more likely.
There are fundamental reasons to believe so.

NOTE: Do not key into WEMA because of this post. Ur decision and action should be instinctive.

Regards.

I waited patiently for Wema @ 0.55k axis during the bear regime but it never came down that low...........Right now Wema is too xpensive .........I'm not sound TA....if not I wld have taken the risk cos I believe there is upside potential in wema

bigjay01:
I have just depressed the share price of ACCESS (Sold)

Took a small hit. The hit came from DB portion of the consolidation with ACESSS. The Access bank portion returned near 90% profit.

I hate to hold cash, so I'll seek to increase my UACN holdings. This move may prove to be a masterstroke! UACN is expected to return at least 70% from here. Could ACCESS have done 70% from here?

Time will tell - i get am plenty

Life na turn by turn.
Now is the turn of LARFAGE/WAPCO on or b4 weekend we go stretch leg @N21junction.

PETERiCHY:


Life na turn by turn.
Now is the turn of LARFAGE/WAPCO on or b4 weekend we go stretch leg @N21junction.

Remember you called me cement carrier few weeks ago.Now you too don begin carry cement like Loco.

Wapco holders are one of the most impatient jijoists.
They will not let the climb be steady.
The advantage is a chance for people it left to join at every reverse.
#Patience.

locodemy:


Remember you called me cement carrier few weeks ago.Now you too don begin carry cement like Loco.

So you ain't happy we help push your ministry after months of being in limbo.

PETERiCHY:


Life na turn by turn.
Now is the turn of LARFAGE/WAPCO on or b4 weekend we go stretch leg @N21junction.

be rest assured that yours sincerely is there.
average of #15ish
let the ride continue

PETERiCHY:


So you ain't happy we help push your ministry after months of being in limbo.

Wapco need no one to push his ministry.I saw the stock on the recovery path few months ago and cp confirmed Wapco.#50 is my exit point.I ain't going anywhere until I see the Messiah.

pluto09:



The question is not if they can pay but will they pay?
I don't trust Tony with any promise.

Uncle Tony is a stingy man...

onegentleguy:



Recovered the ACCESS remote long ago. ...but also take due note of the part in bold.(a past revert to Oracle)

With that 'access dude', there's something to worry about... but then again, there's something not to worry about.(risk-reward margin in view)
Everything depends on how u view the cup of water... is it half full or half empty.(sentiment versus fundamentals weighed against reward in view)
We prefer to view it as the former.

The last post from Mr cashDimkpa captures a few of our thoughts but then, there's more !!
Unfortunately, I have less time to breakdown the access route right now.
However, one thing is certain; REWARD still pegs well ahead of RISK at this time.
We shall look to divest from our balance of 60% at the appropriate time.

As for chief WAPCO, we remain resolute with that fellow.
...our entry and BEP of N9 and N9.45(in that order) gives us relative peace.
It's a mid to long term play. Like I stated here in the past; Mr WAPCO even @ N21, remains a bargain.(risk adjusted reward with FVE in view)
Folks will still recall the link below.

I https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5028#84225497

I cannot go and come and go and come and kill myself for nothing !!

The concerns presently surrounding the coy(ACCESS bank) are overblown.
There are 4 things here.

1) The ACT itself(sell off by the CEO in view)
2) The TIMING of the act(call off of an initially announced closed period for the coy in view)
3) The likely MOTIVE behind the act.
and
4) The asset PLAY from an investment perspective(risk-reward margin in view)

Of the 4, the 1st smacks off risk but because it is not DEFINITIVE in itself(there can well be over "a million" reasons for such an act), some of which can also be personally driven. So it(risk) still lags behind reward.

With the 2nd, RISK pegs ahead of REWARD because the timing came off at a wrong time, which smacks off suspicion.

With the 3rd, RISK and REWARD stands side by side with no clear inference. When viewed alongside option 2(timing), we could adjudge that risk is ahead but then again, because there can be several other good reasons for the act itself, it is again NOT definitive. ...so there's the need to look to strike a proper balance when seeking what could've been the motive or intent behind the act.

With the last(point 4) REWARD remains well ahead of RISK(ROI from FVE against price in view). ...which by the way, carries a more pivotal weighting.

This is why I said that there is something to worry about... but there is also something to not worry about.
Put differently, while the move paints a red flag(risk), the asset in question still retains a weigting(reward) ahead of it. In truth, there are a few a more reasons for optimism than there are for pessimism.

If time permits, I hope to do an article or maybe a brief on this later. People need to note and understand a few things.

Salah

Mcy56:
The Big Smart Guy we're seeing your hand ooo.
Waiting to see the first person to complain that he/she couldnt see to buy at 14/15/16.

Madam the madam... You forgot to mention UCAP...

I'm team UCAP and WAPCO...

THE BIG SMART GUY

locodemy:


Wapco need no one to push his ministry.I saw the stock on the recovery path few months ago and cp confirmed Wapco.#50 is my exit point.I ain't going anywhere until I see the Messiah.

Really a stock that has being trading within N15 zone for the past 4mths while within 7days we identify & promoted it.

WAPCO is now breaking new grounds and making new year high list back to back.

Well bring down your exit price to N42 and better don't invoke the wrath of the gods

I had said it before here that UACN needs to retrace before moving higher. Its actually a plus not a minus.

emmanuelewumi:




Tony promised a minimum dividend of N1.00 for the financial year 2019, during the last AGM at Eko Hotel, having paid an interim divend of 20k we should be sure of a minimum final divend of 80k

Audio EPS
Audio dividend

The only reason for WAPCO's depreciation in price was the debt they owned from their South African deal... They have paid it up... The bull that will follow WAPCO will be second to known in the days ahead... THE main BULL is COMING... Those impatient guys selling to those of us mopping it will be AMAZED when the MAIN DEAL STARTS

THE BIG SMART GUY

Bomboclad:
I had said it before here that UACN needs to retrace before moving higher. Its actually a plus not a minus.

Every retracement for these rising giants (UACN, Wapco, Flourmill) is a plus to investors who have mid-long term plans to keep accumulating as an individual's cash flow permits.

Ride your winners

Agbalowomeri:
Ride your winners

Agba i sight person wey resemble in this WAPCO bus

PETERiCHY:


Remember some patience dogs bought both WAPCO @N115 and UACN @N45 in 2013 and 7year down the lane they are still miles away from BREAKING EVEN.

Inessence as longer as this millennium market is concern PATIENCE is no longer the KING rather PLAYING SMART is the KEY.

People that are waiting for the above coys to come down to say #13 or #14 for WAPCO and #8 or #9 for UACN, you might not get them at that price again.

These coys are both rebounding from previous years losses. so their price app might be slow but definitely sure. I remember when WAPCO was @#9 last year, it ended the year @#15 before pullback to #13.

Same for UACN from #4.5k to #9k year end. sometimes too much waiting is not good.

Onifa and his war mongers rightnow

PETERiCHY:
Onifa and his war mongers rightnow