Too Bad! God save the world. Not only the price, Nigeria could not lift crude to both China and Europe.

Hope you know what that means? God save us

Agbalowomeri:
Brent at 50
Obene kwa kwa

Agbalowomeri:
Brent at 50
Obene kwa kwa

Are you still in uacn?

Calebbold:
https://www.vanguardngr.com/2020/02/lafarge-africa-rewards-customers/amp/

Abeg they should do and pay us our N4.00k dividend make we use am lick ice cream

INDUSTRIAL SECTOR

DANGOTE CEMENT PLC
Date of Listing was in October 27th 2010
Market Cap= N2.9 Trillion

BUA CEMENT PLC
Date of Listing was Jan 9th, 2020.
Market Cap=N1.26Trillion.

LAFARGE / WAPCO PLC
Date of Incorporation was February 24th 1959
Market Cap= N250 Billion.

We can see the mismatch
So let's cross the T and dot the i

BARGAIN HUNTERS TAKE NOTE!

Looks like NEWGOLD ETF is the thing to buy in this market. I may pivot my cash to that side for safety because gold prices have been rising.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/29188_UNION_DIAGNOSTICS_-_LATE_FILING__CORPORATE_ACTIONS_FEBRUARY_2020.pdf

What's the benefit of the ones they`ve been filling over the years. These are some of the dubious company that nse ought to auction and split the proceeds among their shareholders

NSE ALLSHARE INDEX UPDATE FOR CLOSE OF BUSINESS 27 FEB 2020

Loss for the week: -2.12%
Loss for the Month: -7.06%
Loss for the Qtr: -0.13%
Loss for the year: -0.13%

The year to date for Allshare index is now in loss position. A time to apply extreme caution going forward.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

The current state of our market has kept me in thought all day. Been monitoring world markets and it seems oil price and the DJI are on the reversal, having formed the hammer pattern.....i sure hope this is a good sign. I suspect DangCEM ( or a high-CAP stock of similar CAP) would fall and jump up lower tomorrow. Whatever it is, we are watching!

Agbalowomeri:
Brent at 50
Obene kwa kwa

Wait for it...$$$$

Bomboclad:
The current state of our market has kept me in thought all day. Been monitoring world markets and it seems oil price and the DJI are on the reversal, having formed the hammer pattern.....i sure hope this is a good sign. I suspect DangCEM ( or a high-CAP stock of similar CAP) would fall and jump up lower tomorrow. Whatever it is, we are watching!

Pls gurus in the house. Can you help me torch light ETI.

Ìs it a good buy at the current price?

Most stocks are at bargain prices at the moment, including ETI. However, personally, I cannot encourage you to purchase this stock right now for 2 reasons: 1. We do not know how soon the dip in world markets (including the NSE) would end 2. ETI offered no dividend in 2018 even after an impressive 46% increase in PAT, hence, there might be no dividend in the horizon.

My advice is to choose within the likes of WAPCO, ZENITH, UCAP, etc where atleast there is a plan for dividend payment which should boost prices in the short to medium term. This is my most honest and open-book advice.

tobymor:


Pls gurus in the house. Can you help me torch light ETI.

Ìs it a good buy at the current price?

Stocks with new 52 week lows
NB #45.00k
Sterling bank #1.40k
Oando #3.00k
Stock with new 52 week highs
Ardova 17.00k

Those rushing or holding UACN for unbundling..

NOTE:
last div was 64k ; so fve N6.40k
UPDC current price 90k
UPDC REIT last quarter unaudited result puts div at 36k ; so fve N3.60k
(fve based on 10% div payout)

Therefore UACN fve currently at 6.40 + 0.90 + 3.60 = N10.90k
(based on pro-rata unbundling of 1 UACN for 1 UPDC for 1 UPDC
REIT)

Edit..
Therefore UACN fve currently at 6.40 + 0.90 + 0.30 = N7.60k
(based on pro-rata unbundling of 1 UACN for 12 UPDC for 1 UPDC REIT)


Dd adviced.. Am a stock novice O!

Edited.. With reference to the previously updated info on details of unbundling, which stated that 1 UPDC REIT will be given for 12 UPDC units.

jamace:
Is it not better to update your will? No one survives corona virus o.

On the contrary, many more people have already recovered from the COVID-19. That aspect is actually under-reported. In China alone, I think over 10,000 have recovered.

tobymor:


Pls gurus in the house. Can you help me torch light ETI.

Ìs it a good buy at the current price?

A very wicked company that did reverse stock split 2 times in a decade from 2008 to 2018 yet could not pay dividends till now! Destroyed shareholders funds!

Only enter for trading but I will advise you to SAY AWAY FROM ETI
heartless board of directors

chillykelly86:


On the contrary, many more people have already recovered from the COVID-19. That aspect is actually under-reported. In China alone, I think over 10,000 have recovered.

Ok o.

Mcy56:
Las las some people go still miss out of this bonanza.

which Bonanaza?

Pardon d intrusion o.

RealityShot:

A very wicked company that did reverse stock split 2 times in a decade from 2008 to 2018 yet could not pay dividends till now! Destroyed shareholders funds!

Only enter for trading but I will advise you to SAY AWAY FROM ETI
heartless board of directors

Thanks for this insight �

RealityShot:
Those rushing or holding UACN for unbundling..

NOTE:
last div was 64k ; so fve N6.40k
UPDC current price 90k
UPDC REIT last quarter unaudited result puts div at 36k ; so fve N3.60k
(fve based on 10% div payout)

Therefore UACN fve currently at 6.40 + 0.90 + 3.60 = N10.90k
(based on pro-rata unbundling of 1 UACN for 1 UPDC for 1 UPDC REIT)


Dd adviced.. Am a stock novice O!

Arithmetic is too hard jare
I cannot crack my brain

theenchanter:
which Bonanaza? Pardon d intrusion o.

Lol. Not intruding into anything .
I was talking about UBA when the price went down to 6.60/6.65.
Investors are awaiting dividend declaration and there's an expectation that the dividend will be higher than that of last year.
It went up to 7.30 yesterday but closed 7naira today.
Yet to announce the dividend still...............but the recent corona news is sending panic to the market generally.
Why are you not interested in stock exchange investment if I may ask?
You may send me mail if you dont want to discuss in public like this.
Hope you're good.

WAPCO'S TIME has finally COME

godlyguy:
I've said it from INCEPTION that UCAP and WAPCO are good investments for both newbies ànd experienced investors... Although I'm out of UCAP but that stock is a goldmine anyday... Within a year you can make 100% on investment...

TEAM WAPCO keep increasing... I repeat WAPCO is the next NSE WONDERS... They got all it takes to journey to DANGOTE CEMENT PRICE in the years to come...

THE BIG SMART GUY

Eeewooo dow is collapsing

Positioning for some Benjamins

Dow falls 1,191 points — the most in history
Updated 4:36 PM EST February 27, 2020
New York
US stocks again sold off sharply on Thursday as worries about coronavirus mounted. The S&P 500 posted its worst day since August 18, 2011, and the three main indexes fell into correction territory. Stocks are on track for their worst week since the financial crisis.
The Dow dropped 1,191 points, or 4.4% in its worst one-day point drop in history. The index has fallen more than 10% below its most-recent peak, putting it in correction.......

Mcy56:

Lol. Not intruding into anything .
I was talking about UBA when the price went down to 6.60/6.65.
Investors are awaiting dividend declaration and there's an expectation that the dividend will be higher than that of last year.
It went up to 7.30 yesterday but closed 7naira today.
Yet to announce the dividend still...............but the recent corona news is sending panic to the market generally.

ok, i'm lost.

Why are you not interested in stock exchange investment if I may ask?
You may send me mail if you dont want to discuss in public like this.

cos i'm a dodo when it comes to SE..... it looks like gambling to me, pardon my ignorance too.

Hope you're good.

yeah, thanks..... u?

theenchanter:
ok, i'm lost.

Lol.

post=87014834:
cos i'm a dodo when it comes to SE..... it looks like gambling to me, pardon my ignorance too.

Hhmmm.
Some are of same opinion too but its more than gambling depending on your perspective, knowledge and understanding of how it works.

post=87014834:
yeah, thanks..... u?

I'm humble.
Your topics just hitting front page back to back. Hope Seun will consider appreciating you guys one day.

https://www.nairaland.com/5709932/coronavirus-nigeria-confirms-first-case
Could coronavirus have gone round without visiting Nigeria?

I think only long-term funds should be left in the market as at now
It could get very ugly

Yea, I have majorly 2 stocks ZEE and WAPCO. My Zee is still in profit having bought N17.5 with N2.5 div the price dropped to N15, If Zenith gets to N15 and below I can start to average down.

Agbalowomeri:
I think only long-term funds should be left in the market as at now
It could get very ugly