₦airaland Forum

Tvegas:
This is why i am a believer of emmanuelewumi's Long-term investment school of thought, i dont bother tracking things daily anymore. There is an adrenaline that comes when you are online, you will be tempted to buy or sell something. This was how i sold 100k unit of Zenith that i bought at N11 for N13. I still cant forgive myself till now. Bless your soul Rabbidoracle, you are good at what you do.

And Zenith is at 15.40.

And You will get angrier when it starts to trade at 19.

Learn to move on once you sell.

OBAGADAFFI:
This is what I call careless JIJO.

I avoid JIJO with any stock in the following categories :-
1. Pays good dividends.
2. Doesn't reverse to previous low price.

JIJO is good on Stocks with high Volatility

You don't JIJO with banks especially when bought low during the period of panic.

People had the courage to buy during maximum panic. Why can't they hold when the panic has gone?

I think it has to do with the conflicting messages coming out from NSEMPA.

Tvegas:
Haba dont blame my people, as the cash is king geng were repeating their doomsday prophecies people like Oracle and Emma were preaching the gospel of peace. Anybody who didnt buy because of the crew didnt want to buy .

Twice I have called CASH IS KING. I was termed a doomsday prophet. But results cancelled every insults.

I only call CASH IS KING during maximum euphoria. During that time, I dey house dey watch TV to hear the breaking news!

MishdaFish:
Good morning house, I have be following this thread with keen interest, I find it very inspiring. I recently submitted my E-mandate form to Cardinal stone registrar for my Wapco dividend. I woke up this morning to this debit alert on my account. But what shocked me was I received same debit alerted N157 4 times. Is this the norm? I would be grateful if anyone can share his experience. Than you

This is unusual o.

Did they just start it?

seyisanya:
Pa Emma, may you live long for NSEMPA and Tbills followers. I clearly understand your point. My argument is that it has become a cliché among some investors who now quote it in defence of their action and inaction.

Princkez:
FBNH sighted @4.90...47m bid 12m offer

The kind of bids in FBN lately is overwhelming.

It is in FBN I see someone collecting 30m units in one scoop as it he is scooping garri.

OBAGADAFFI:
Yes it is important to have cash for regular operations and expenses .

But the value of cash is in it purchasing powers.

Investments can close that gap by generating profits.

Any investment with 15% -20% in short-term will beat inflation.

Dividends has already provided that 15 to 20%.

Many people are hoping that the unbundling process of UACN from the loss making Property division will turn around the misfortune of this once a profit making company.
In equity investment, the winner of yesterday and today might not be a winner tomorrow.
Many investors has been trapped in the unrealistic expectations that UACN will reach the sky high price of the past based on speculations.
For the record, this company has PE ratio of negative. _2.16
A negative P/E ratio means the company has negative earnings or is losing money. ... Investors buying stock in a company with a negative P/E should be aware that they are buying shares of an unprofitable company and be mindful of the associated risks.
There is no change in management, same people that grounded UACN are still in charge.
It was not because of bad Nigeria economy that made UACN earns a negative PE value, coz most of their products are highly essential and household in nature . If there is any company in the world that should thrive in a depressed Nigeria economy, it should be UACN.

This is no longer the UACN handed over to Oloye Ernest Adegunle Oladeinde Shonekan by the British.
For the record, UACN was once the largest conglomerate in sub Sahara Africa.

The unbundling might not change the misfortune.
UACN has done several unbundling in the last 3 decades.
The listed, unlisted, delisted, equity stake, and joint venture entities are numerous.
Livestock
CAP
UPDCREIT
UAC-P
PORTLAND Paint
MR Biggs
UAC foods
UAC restaurants
MDS LOGISTICS
GRAND CEREALS LTD
Gm nig
UNIC
UAC diaries
General cotton meals
Unico cpfa
Spring waters
Famous brands
Warm spring water Nigeria

Despite the aggressive diversification, UACN has not brought profits nor a smile at investors in the last 10 years. The crises started in 1998 and investors have been very optimistic that things will turn around, rather it gets worse everyday.
The initial expectation was that by year 2000, the stage by stage management approach would have yielded profits but it never.
It will be a big decision to invest or not in a company based on old glory(past performance) and speculation of positive expectations from unbundling.
I do not see a worthy risk investing in UACN.
The company might turn a winner tomorrow if only the canker worms, the moth and caterpillars eating investors profit are taken out.
There is no crime if dz company is trading at N1000+/unit. However the reverse is the case.
I will not be surprised if there is further dumping in the coming days. Watch out.
The dumpers are the insiders, the caterpillars that brought one of the most diversified companies in Nigeria and sub Sahara Africa to a negative PE value.

NB.... This is my view.
I inherited 100,000+ units of UACN.

When there is an obvious bull in sight definitely CASH IS THRASH at that point in time

Winning a warfare is not just about heavy artillery (cash), it is about strategy and wisdom (Good risk management)

Godlylifeoneart:
Many people are hoping that the unbundling process of UACN from the loss making Property divisions will turn around the misfortune of this once a profit making company.
In equity investment, the winner of yesterday and today might not be a winner tomorrow.
Many investors has been trapped in the unrealistic expectations that UACN will reach the sky high price of the past based on speculations.
For the record, this company has PE ratio of negative. _2.16
A negative P/E ratio means the company has negative earnings or is losing money. ... Investors buying stock in a company with a negative P/E should be aware that they are buying shares of an unprofitable company and be mindful of the associated risks.
There is no change in management, same people that grounded UACN are still in charge.
It was not because of bad Nigeria economy that made UACN earns a negative PE value, coz most of their products are highly essential and household in nature . If there is any company in the world that should thrive in a depressed Nigeria economy, it should be UACN.

This is no longer the UACN handed over to Oloye Ernest Adegunle Oladeinde Shonekan by the British.
For the record, UACN was once the largest conglomerate in sub Sahara Africa.

The unbundling might not change the misfortune.
UACN has done several unbundling in the last 3 decades.
The listed, unlisted, delisted, equity stake, and joint venture entities are numerous.
Livestock
CAP
UPDCREIT
UAC-P
PORTLAND Paint
MR Biggs
UAC foods
UAC restaurants
MDS LOGISTICS
GRAND CEREALS LTD
Gm nig
UAC diaries
General cotton meals
Unico cpfa
Spring waters
Famous brands
Warm spring water Nigeria

Despite the aggressive diversification, UACN has not brought profits nor a smile at investors in the last 10 years. The crises started in 1998 and investors have been very optimistic that things will turn around, rather it gets worse everyday.
The initial expectation was that by year 2000, the stage by stage management approach would have yielded profits but it never.
It will be a big decision to invest or not in a company based on old glory(past performance) and speculation of positive expectations from unbundling.
I do not see a worthy risk investing in UACN.
The company might turn a winner tomorrow if only the canker worms, the moth and caterpillars eating investors profit are taken out.
There is no crime if dz company is trading at N1000+/unit. However the reverse is the case.
I will not be surprised if there is further dumping in the coming days. Watch out.
The dumpers are the insiders, the caterpillars that brought one of the most diversified companies in Nigeria and sub Sahara Africa to a negative PE value.

NB.... This is my view.
I inherited 100,000+ units of UACN.

It may be a good one to study the companies financial statement, that will give you a clear direction on what the company is doing and where they are going.

RabbiDoracle:
You don't JIJO with banks especially when bought low during the period of panic.

People had the courage to buy during maximum panic. Why can't they hold when the panic has gone?

I think it has to do with the conflicting messages coming out from NSEMPA.

Some of them are confusing daily trading with investing.

RabbiDoracle:
But money is still being made in the 'downtrend' market

Are you still staying on the sidelines? Market don leave you go o

We don chop finish for Ore.... Now heading to Lokoja.

My Oga I will buy... May be after all the Q2 result is out I will cherry pick

By then some of the $ I bought will be converted to Naira and invested back inside NSE

stcool:
My Oga I will buy... May be after all the Q2 result is out I will cherry pick

By then some of the $ I bought will be converted to Naira and invested back inside NSE

Initially you said Q1 results will be bad. It turned out good for some and flat for others. Now you don shift the goal post go Q2.

If Q2 is bad, investors know the reason and I believe (being forward thinking), they must have anticipated that around February 2020 and sold off so that the price they buy will factor in the fall in earnings. And that selloff happened in March 2020 potentially pricing in all events, IMO.

http://www.nse.com.ng/Financial_NewsDocs/29996_LAW_UNION_AND_ROCK_INS._PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

ESP and PAT dropped 49% YoY

RabbiDoracle:
Initially you said Q1 results will be bad. It turned out good for some and flat for others. Now you don shift the goal post go Q2.

If Q2 is bad, investors know the reason and I believe (being forward thinking), they must have anticipated that around February 2020 and sold off so that the price they buy will factor in the fall in earnings. And that selloff happened in March 2020 potentially pricing in all events, IMO.

I want to see the companies that would be resilient in Q2 and how market reacts.

Also it would less talk about dividend after Q2 result, but more of strong balance sheet.

I hope to get a good bargain.

RabbiDoracle:
And Zenith is at 15.40.

And You will get angrier when it starts to trade at 19.

Learn to move on once you sell.

The boss is here. I hope he bought it back at N15 as advised.

bigjay01:
Get it right on NSE, then it beats any LSE play pants down!

The best DY on LSE is 14.69% (Evraz). However, it doesn't have a long history of dividends. On the contrary, we de do inyanga for 20% yields on NSE. The key is to avoid gambling.

COVID-19 affects all, I hope you heard the news yesterday that the UK economy shrank by a record 5.8% in March.

https://www.ft.com/content/64ec173c-d397-43b7-a5f9-8b511a0f5204

April might be worse!

Thank you.

RabbiDoracle:
You don't JIJO with banks especially when bought low during the period of panic.

People had the courage to buy during maximum panic. Why can't they hold when the panic has gone?

I think it has to do with the conflicting messages coming out from NSEMPA.

You nailed it, boss. The reason why we all have to know why we're in the market and ignore the ''noise''. Like I always say, in NSE, you either make money or make noise(without taking action)!

Health sector a place to be now day 3.

RabbiDoracle:
Twice I have called CASH IS KING. I was termed a doomsday prophet. But results cancelled every insults.

I only call CASH IS KING during maximum euphoria. During that time, I dey house dey watch TV to hear the breaking news!

Valueinvestor:
When there is an obvious bull in sight definitely CASH IS THRASH at that point in time

Seconded!

locodemy:
Health sector a place to be now day 3.

The day the illiquidity in health sector will hook you then be ready to vomit and deficate all the profit you have made in NSE with interest.

BARGAIN HUNTERS TAKE NOTE!

Talkin from experience .

PETERiCHY:
The day the illiquidity in health sector will hook you then be ready to vomit and deficate all the profit you have made in NSE with interest.

BARGAIN HUNTERS TAKE NOTE!

@ derugged thief shebi u and ur evildoers don join body come delete my post again ur evil soul don already expire. na to die on top remain. since u no wan dey useful 4 here, i go make sure say i help pursue u go 4 he'll where u truly belong. compound odeh. global oluku orpkorpise. dead evildoers!!!!

PETERiCHY:
The day the illiquidity in health sector will hook you then be ready to vomit and deficate all the profit you have made in NSE with interest.

BARGAIN HUNTERS TAKE NOTE!

If I tell you where the price of those stocks go reac h,you go jump in now and take your own cut.

Care4:
To all the the ancestors in the house.
Cc: mcy56, seyisanya, locodemy, OGG, Pa Emma

So you be ancestor now Mcy?
Chai!!

Today is Nestle Qualification Date ..
Sold some percent to take profit ...
Go still chop dividend on top the remaining units...

RabbiDoracle:
Charlesniper and stcool, you guys should try and relax.

Make we focus and hammer.

better correct person, abeg sorry u hear. no vex!!!!
na this evil people 4 here when wan make me yarn. i go put all of them 4 there place.
abeg u don hear from sir OGG he never reply give my telegram &whatsup messages for days now. he once told me that u and him relate quite well including a few other oga dem 4 here, that's why am asking u. i believe he should be doing well, but am just checking in on him. any feedy

My stockbroker told me to buy FIDSON heavily on Monday.

Please who has any info about what is going on in the company?

PETERiCHY:
The day the illiquidity in health sector will hook you then be ready to vomit and deficate all the profit you have made in NSE with interest.

Loco knows his ways, I only pity the jijo followers who would be carried away and got stuck in them.
Reason I posted that they should be ready to convert it to long term should greed not allow them to be smart enough to bail out while the ovation is the loudest.