₦airaland Forum

thebargainhunte:
When Oracle saw divergence, you all criticized him, you are now seeing convergence and you are running away. The market will stable this week.

WAPCO panick sellers... How market?

WAPCO to the moon...

THE BIG SMART GUY

thebargainhunte:
When Oracle saw divergence, you all criticized him, you are now seeing convergence and you are running away. The market will stable this week.

I will be back after this outbreak.
Certainly not this week.

DeRuggedProf:

If this jberger with this result no touch $50,I go give up completely from this market.

Sebi, them Sabi wait at N15, we are watching the market

godlyguy:
WAPCO panick sellers... How market?

WAPCO to the moon...

THE BIG SMART GUY

Why is no one talking about ABC transport newly released result.

locodemy:
I will be back after this outbreak.
Certainly not this week.

Be ready to buy wapco #18+ next week.

Jejebabaa:
Why is no one talking about ABC transport newly released result.

Na Nosa2 stock

thebargainhunte:
Be ready to buy wapco #18+ next week.

Must It be Wapco?
I am only looking for a favourable opportunity.

STANBIC...

Chai! One day 'divergence' and trap don dey fly upandan.
No one can satisfy human beings.
Whosoever is talking like this shows he/she doesnt know the reason for buying a particular stock.
Anyway, its well. I expect "praises' again should the stocks reverse their price-fall positions.

Jejebabaa:
Why is no one talking about ABC transport newly released result.

Baba Jeje you see road.
I saw the result too.........but guess people no longer have faith in the stock again.

Agbalowomeri:
Na Nosa2 stock

Yes oo, oga Nosa2 stock

Mcy56:
Baba Jeje you see road.
I saw the result too.........but guess people no longer have faith in the stock again.

I no check the result ooo na
Teni said
ABC Transport just announced a profit of N211 million after tax.

That approximately 31% returns at the current price of .41 kobo.

While it may not be one of the most popular companies in Nigeria and has had a few years of struggling, it remains one of the biggest brands in cross country road transport.

In 2019 they made N2.3 billion from trips, N1.19b from haulage, N1.6 billion from load and waybill and N1.7b from selling off their old vehicles.

While it is a positive result, it still remains a small margin business with high administrative costs which mean that while they may be making good money, most of the money goes into paying of staff salaries and lots of other business expenses.

This may make it an unattractive company for investors because there isnt enough profit margin to make sizable profits by virtue of the business model.

Nonetheless, it is a valuable business with useful service to the society. So their work is appreciated.

They also spent N1.2 billion on fuel alone in 2019! Whew!
Thats alot of fuel.

DOLLARTEX:
If this jberger with this result no touch $50, I go give up completely from this market.

Oga stop day-dreaming.

PETERiCHY:
So you've been quickly shaken out like the case of UACN.

Well like i said earlier WAPCO will swiftly get to N21junction sooner than you expected.

For the NEWBIES JANUARY to MARCH is not a TIME for JIJO all you all this period is align with stocks that's has good dividend history then watch like hawk for the F/Y results.

Paraventure If you are a QUICK EJECULATOR like ONIFA & LOCO. and you sell too early then simply move on and enjoy your loots else you lose at both ends if look back.

BARGAIN HUNTER TAKE NOTE!

Make u too no go before 21, as u leave uacn before 20

Jejebabaa:
I no check the result ooo na
Teni said
ABC Transport just announced a profit of N211 million after tax.

That approximately 31% returns at the current price of .41 kobo.

While it may not be one of the most popular companies in Nigeria and has had a few years of struggling, it remains one of the biggest brands in cross country road transport.

In 2019 they made N2.3 billion from trips, N1.19b from haulage, N1.6 billion from load and waybill and N1.7b from selling off their old vehicles.

While it is a positive result, it still remains a small margin business with high administrative costs which mean that while they may be making good money, most of the money goes into paying of staff salaries and lots of other business expenses.

This may make it an unattractive company for investors because there isnt enough profit margin to make sizable profits by virtue of the business model.

Nonetheless, it is a valuable business with useful service to the society. So their work is appreciated.

They also spent N1.2 billion on fuel alone in 2019! Whew!
Thats alot of fuel.

Maybe they want to raise capital otherwise they will look for ways of turning everything into negative Lol

Jejebabaa:
I no check the result ooo na
Teni said
ABC Transport just announced a profit of N211 million after tax.

That approximately 31% returns at the current price of .41 kobo.

While it may not be one of the most popular companies in Nigeria and has had a few years of struggling, it remains one of the biggest brands in cross country road transport.

In 2019 they made N2.3 billion from trips, N1.19b from haulage, N1.6 billion from load and waybill and N1.7b from selling off their old vehicles.

They also spent N1.2 billion on fuel alone in 2019! Whew!
Thats alot of fuel.

This your monkey is a bit beautiful. Anyways, I have put in a bid of 1m units @ 37k in solidarity. Afterall, what are friends for

What is playing out in WAPCO is what has played out in UACN. like I said earlier in a post, these coys are rebounding from previous years losses, so their pullbacks will be within previous supports.

They might be slow but it is surely steady. Those waiting for severe reversals go wait tire. Panic sellers will come back to buy higher.

Meanwhile UACN is set to come back again to @10. A little patience is needed. Before it moves again.

kolaish:
This your monkey is a bit beautiful. Anyways, I have put in a bid of 1m units @ 37k in solidarity. Afterall, what are friends for

Oga mi sir, my hand no dey o. I dont buy such stocks sir.

Jejebabaa:
I no check the result ooo na
Teni said ABC Transport just announced a profit of N211 million after tax.
That approximately 31% returns at the current price of .41 kobo.

Okay. Thought you checked it as well.
I saw it with quite some improvements. Let's hope they keep it up in coming quarters and years, maybe investors' interests will be renewed in them.

OakPearl:
Your patience has paid off bro.
JB on full bid.
Chop ya money.

Na only tasere units I get here oooo.........
If to say I know say na so the financial print go good reach, I for collect that loan wey GTB dey use pursue me up and down everyday @1.75/month put here

kolaish:
This your monkey is a bit beautiful. Anyways, I have put in a bid of 1m units @ 37k in solidarity. Afterall, what are friends for

Oga Kola, I will say remove your bid for now.
No positive sentiments on the stock yet sir. Dont get trapped.

* I may be wrong anyway.....but thats what I strongly believed for now. You may have your reasons.

arduino:
Na only tasere units I get here oooo.........
If to say I know say na so the financial print go good reach, I for collect that loan wey GTB dey use pursue me up and down everyday @1.75/month put here

I laugh in Swahili

Jejebabaa:
Oga mi sir, my hand no dey o. I dont buy such stocks sir.

I always earmark a certain percentage of my portfolio to buy penny stock that may look promising and yours truly have not regretted all this while. I have tried it with Japaul, Chams, courtville, just to mention a few. To my greatest suprise, these stocks have one time or the other gave me returns that even the so called stocks with very good fundamental have not given me before.
NSE is not only about fundamentals but all factors put together.

thebargainhunte:
When Oracle saw divergence, you all criticized him, you are now seeing convergence and you are running away. The market will stable this week.

Dont think so..
It goin to come down more....
A little upsurge in big stocks...
Like Seplat, Dgte... Nestle etc
Cos of EOM activities....

arduino:
Na only tasere units I get here oooo.........
If to say I know say na so the financial print go good reach, I for collect that loan wey GTB dey use pursue me up and down everyday @1.75/month put here

That interest rates might be jacked up soon with this new CRR that was increased to 27.5%.

Mcy56:
Oga Kola, I will say remove your bid for now.
No positive sentiments on the stock yet sir. Dont get trapped.

* I may be wrong anyway.....but thats what I strongly believed for now. You may have your reasons.

Thanks Mcy. Some of ABCs monkey is already in my cage, I am waiting for more supplies

Newbies, if you cant withstand the 'heat' sell and book your profit, then wait for prices to bottom out.
Remember this market is not always on straight line.
If you have investment objectives already, then you may do well to stick to it.
If prices goes down/bottom out, you can buy more if you have fund. These oldbies are not helping matters here.

Caveat: My opinion please (based on GTB that joined the race). DD applies. Market MAY reverse tomorrow, dont come for my head.

As for me, I'm still in UBA and not leaving soon.

kolaish:
Thanks Mcy. Some of ABCs monkey is already in my cage, I am waiting for more supplies

Okay sir.

Jejebabaa:
That interest rates might be jacked up soon with this new CRR that was increased to 27.5%.

I thought of this too......
That 1.75% per month dey too tempting sha ooo