Mcy56:

Audio class captain.
Can't you settle the fight btw the parties involved?

I remain loyal o.
Their squabble hasn't peaked. Moreover, one person is aggrieved for a reason not totally known. Is he fighting for someone else? He needs to let us know what the real issue is.

Seunn11:


I remain loya

Chai. So until person head is broken no intervention!!

debeey87:
http://www.nse.com.ng/Financial_NewsDocs/30011_TOTAL_NIGERIA_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/30013_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/30014_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

Nice one wapco. We can only go up.

Good Morning All.

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Next Steps?
If you’re already using Ziing, kindly update your app.
If No, you can download the app for Android or iOS by clicking the hyperlink below.

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Signup as an Existing User with your Customer Number
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Best Regards,

To open an Account with investment One kindly click on the link on my Signature.

Thank you for choosing Investment One Funds Management Limited

How true!

debeey87:
http://www.nse.com.ng/Financial_NewsDocs/30011_TOTAL_NIGERIA_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/30013_LAFARGE_WAPCO_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

http://www.nse.com.ng/Financial_NewsDocs/30014_LAFARGE_WAPCO_PLC._CORPORATE_ACTIONS_MAY_2020.pdf

No effect of covid and good figures across board.Dangota cement waiting for yours and JB.

Uchetoba:
Have you ask yourself this question, What about those bussy acquiring UACN shares being sold by the so called core investors or insiders, I mean 10 million UACN @ N6.80 = N68 million and 15 million UACN @ N6.90 = N103.5 million. Do you think those that are investing that kind of money into UACN are foolish? Anyway I can see that many are not intrested in the unbundling project. As for me I will receive payment for one of my lands on Monday. Since many are not intrested in the unbundling I expect UACN to fall lower so from Tuesday I will start biding lower for more. I believe That UACN will still go well below N6 before July.

If you observe very well you notice its either a single investor or few buying all those shares all for themselves, I will advice if you want to buy such shares then buy in large quantity units.

Something happened yesterday that I don't understand. I placed a buy order on Morgan to buy 350 units of Dangote cement, the thing went to go and buy just 1 unit. As in they bought 1 unit at 143.4 naira for me. What could have been the cause?

ojesymsym:
Something happened yesterday that I don't understand. I placed a buy order on Morgan to buy 350 units of Dangote cement, the thing went to go and buy just 1 unit. As in they bought 1 unit at 143.4 naira for me. What could have been the cause?

If u received an alert immediately on your buy order stating clearly the details of ur order then it means only 1 unit from ur order was filled rest will probably be credited on monday

@ emmanuelewumi . Pls I will like to know if zenith pays dividend twice in a year. I read that October 14, 2020 is earning date. I also know that they have already paid dividend recently.

If I buy dangote cement by Monday 18 May, 2020, will I get the dividend advertised for June next month?

vacanci:
@ emmanuelewumi . Pls I will like to know if zenith pays dividend twice in a year. I read that October 14, 2020 is earning date. I also know that they have already paid dividend recently.

If I buy dangote cement by Monday 18 May, 2020, will I get the dividend advertised for June next month?

You should expect an interim dividend from GTB, Access Bank, UBA, Stanbic IBTC and Zenith bank between August and September 2020

Here is a question that should get bargain hunters thinking . . .

Which would you rather buy:

1. A stock that is making new 52 - week low

Or

2. A stock that is trading above its 52 - week average price and has pulled back to a level of support

Bargain hunters . . . . Hmmmnnn

meshpips:
Here is a question that should get bargain hunters thinking . . .

Which would you rather buy:

1. A stock that is making new 52 - week low

Or

2. A stock that is trading above its 52 - week average price and has pulled back to a level of support

Bargain hunters . . . . Hmmmnnn

52 weeks low seems safer. But the next question is "As at when?".

As at January, February, March, April or May 2020?

Because most stocks were at 52 weeks low as at March 2020.

Buying 52 weeks low might not be good for some stocks like Guinness.
The low is unending.

RabbiDoracle:


52 weeks low seems safer. But the next question is "As at when?".

As at January, February, March, April or May 2020?

Because most stocks were at 52 weeks low as at March 2020.

Danniee:
Buying 52 weeks low might not be good for some stocks like Guinness.
The low is unending.

As new one forms, it is still 52 weeks low.

It is left for you to find way of determining when the last low will appear.

Or you buy when you feel you have got a good bargain. From ATH of 293 to 17.50 is 94% fall.

Kenplay:

If you observe very well you notice its either a single investor or few buying all those shares all for themselves, I will advice if you want to buy such shares then buy in large quantity units.

On the contrary I will be picking them gradually from Tuesday till the ubundling is consumated. Even as the price continues to slide towards N5.

vacanci:
@ emmanuelewumi . Pls I will like to know if zenith pays dividend twice in a year. I read that October 14, 2020 is earning date. I also know that they have already paid dividend recently.

If I buy dangote cement by Monday 18 May, 2020, will I get the dividend advertised for June next month?

Op.. U can click on this link to get the information you are seeking. It is also available on NSE.

https://nairametrics.com/2020/05/15/list-of-dividends-announced-in-the-nigerian-stock-exchange-in-2020-may/

Godlylifeoneart:
In the last few days, insiders have been dumping UACN.
Attached is a screen shot from NSE

You forget to add on 20th February 2020 the major core investor THEMIS CAPITAL bought extra 15.7m units of UACN at N10 per share and on 20th March 2020 a NON EXECUTIVE CHAIRMAN bought 11m units at N9 per share.

In the last 5 Trading days over 58million units has exchange hands at an average of N6.90k

The SHIP is about to SAIL don't be LEFT OUT.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


You forget to add on 20th February 2020 the major core investor THEMIS CAPITAL bought extra 15.7m units of UACN at N10 per share and on 20th March 2020 a NON EXECUTIVE CHAIRMAN bought 11m units at N9 per share.

In the last 5 Trading days over 58million units has exchange hands at an average of N6.90k

The SHIP is about to SAIL don't be LEFT OUT.

BARGAIN HUNTERS TAKE NOTE!

Peter they are a lot of stocks in the market with 100% better returns than this UACN...

This stock is now looking like Oando to me...and won't be surprise if it goes back to N4 and lower.

Already too much going on!

stcool:


Peter they are a lot of stocks in the market with 100% better returns than this UACN...

This stock is now looking like Oando to me...and won't be surprise if it goes back to N4 and lower.

Already too much going on!

It's better you invest in haulage truck business and leave stock market it doesn't favor you.

PETERiCHY:


It's better you invest in haulage truck business and leave stock market it doesn't favor you.

Peter kuku kee me

PETERiCHY:


It's better you invest in haulage truck business and leave stock market it doesn't favor you.

RabbiDoracle:


As new one forms, it is still 52 weeks low.

It is left for you to find way of determining when the last low will appear.

Or you buy when you feel you have got a good bargain. From ATH of 293 to 17.50 is 94% fall.

Any chances of it move forward anytime soon, any hope for dividends?

PETERiCHY:


You forget to add on 20th February 2020 the major core investor THEMIS CAPITAL bought extra 15.7m units of UACN at N10 per share and on 20th March 2020 a NON EXECUTIVE CHAIRMAN bought 11m units at N9 per share.

In the last 5 Trading days over 58million units has exchange hands at an average of N6.90k

The SHIP is about to SAIL don't be LEFT OUT.

BARGAIN HUNTERS TAKE NOTE!

There is no crime in buying UACN. we are all wishing dz conglomerate to reach the zenith of returning profits for investors.
Can you tell me what happened to UACN after selling UACN registrars to Afriprudent in 2013?
No improvement in performance.
One of the most disastrous holdings in the history of conglomerates in the world.
What made you think that the unbundling will do the Magic?
UACN always have a ready made excuses for poor performaces, in 2015, the terrible report was blamed on poor purchasing power of consumers, the inauguration of a new government was also blamed for the disastrous performance of UPDC prop. This 2020 would be put on COVID-19. lol.
In all the 12 years of declining profits, there was no mentioning of corruption and poor management decisions in asset acquisitions
A company with less than 3 billion common shares is dropping about 50 to 150 basis points at the sales of less than M100 units.
Bra, something is not right with UACN.
I think the management is the problem. The 39 yr old group managing director appears to be occupying the post on a platter of gold.
he appears to be heading the way of Wale Tinubu
When Shonekan was the chairman of UACN, they were the epitome of equity returns and performance.
like some1 mentioned, uacn is gradually going the way of OANDO. You must have a view of at least 10 to 15 yrs before you can expect any token on equity return. They clearly state on their web page that ( We invest with a long-term view which enables us add meaningful and sustainable value to each company within our portfolio)
The subsidiaries are improving and ongoing re-branding is commendable.
The calamities that befell UACN started in 1998, and there has been no improvement in earning and fortune.
The logistic division was in comatose before imperial logistics of South Africa bailed them out with $2.4 M investment in form of equity stake. MDS logistics is technically working for imperial logistics. This is warren buffel way of investing. Look for a distressed company, invest in them by way of preferential equity stakes, if thing do not work out well, take over the company coz you are already their life-wire.
Mr biggs, we do not even know the owner. The famous brand or UACN.
Bra, the holding nature of uacn subsidiaries is so complex and goes beyond the comprehension of ordinary share holders.
it appears the investors of nowadays are only buying the parent company name .(uacn)
No wonder, the share price has been plummeting since 1998 till date.
uacn registrars is dead. One of the best in the country during the analogue era.
So many subsidiaries of UACN are dead or defunct.
UNIC was moribund, dead and transformed to UNIC Holdings
property division in comatose.
UACN gala is facing the strongest competition from Rite food AND Chi
The annoying thing about uacn, once a subsidiary is recording success, they quickly sell it or divest from it and hand it over to one of the cabals.
The DNA(corruption) of Nigeria is boldly engraved in this company.
very soon,the MDS logistics will go. i guess the money realized from the stakes reduction in 2019 august was used in paying the insulting dividend of 0.10 kobo. I wonder why they have to pay out the money after recording a loss. the management could have shared it among themselves instead of paying investor 0.10 kobo.
Despite all this, the assets to debt ratio is encouraging for futuristic investors.
for decision making, read dz link

https://nairametrics.com/2019/09/04/what-uacn-decision-to-un-bundle-updc-means-for-its-shareholders/


https://nairametrics.com/2020/04/20/uacn-incurs-n14-6-billion-write-down-of-its-real-estate-business/

2019 (Millions NGN)
Total Assets 107,595.26
Total Liabilities 47,053.85
Debt to Assets 6.90%

THE PROBLEM WITH AVERAGE INVESTORS IS THAT WE DO NOT INVESTIGATE QUOTED/LISTED COMPANIES BEFORE WE INVEST,DESPITE ALL THE INFORMATION BEING AVAILABLE FREE ON THE INTERNET. WE AWAIT THE TA ANALYSTS TO GUIDE US. THIS SHOULD NOT BE.

meshpips:
Here is a question that should get bargain hunters thinking . . .

Which would you rather buy:

1. A stock that is making new 52 - week low

Or

2. A stock that is trading above its 52 - week average price and has pulled back to a level of support

Bargain hunters . . . . Hmmmnnn

The answer would be 2, because from a TA point of view, if all things being equal( no good_bad news) there is a high probability of reversing to it average price. I would use a donchian channel to set both trailing take profit point and stop loss.

1 is not a good strategy especially if its 52 week low is ur only basis.

meshpips:
Here is a question that should get bargain hunters thinking . . .

Which would you rather buy:

1. A stock that is making new 52 - week low

Or

2. A stock that is trading above its 52 - week average price and has pulled back to a level of support

Bargain hunters . . . . Hmmmnnn

Frankly speaking,none of your analytic tools can prevail in both 1 and 2. The best bet is sentiment.
for instance, the breweries industry is terrible at the moment, they might still test lower of the lowest. This will negate any wave pattern you might want to generate. If you are sure of your TA, you can hit the bell and ignore hypothetical view. list 2 examples of each securities and lets review them in 30 to 45 days on dz platform

Court Orders C&I Leasing to Pay Damages to Former Staff
https://businesspost.ng/jobs/court-orders-ci-leasing-to-pay-damages-to-former-staff/

Ecobank Urges Youths, Others to Embrace Xpress Point for Extra Income
https://businesspost.ng/banking/ecobank-urges-youths-others-to-embrace-xpress-point-for-extra-income/

More Woes for Evans Medical, to Pay N71m in 30 Days
https://businesspost.ng/health/more-woes-for-evans-medical-to-pay-n71m-in-30-days/

DMO Increases Amount of Bonds to Sell in Q2 2020
https://businesspost.ng/economy/dmo-increases-amount-of-fgn-bonds-to-sell-in-q2-2020/

ositadima1:



The answer would be 2, because from a TA point of view, if all things being equal( no good_bad news) there is a high probability of reversing to it average price. I would use a donchian channel to set both trailing take profit point and stop loss.

1 is not a good strategy especially if its 52 week low is ur only basis.

Your Donchian channel is only a 10 - period envelope for price. So it only caters for 10 weeks on the weekly chart.

Can 10 periods really foretell what to expect in 52 periods? Could be used for trailing your open position but won't you rather watch for where price has reversed in previous times?

That's food for thought bro.

RabbiDoracle:


52 weeks low seems safer. But the next question is "As at when?".

As at January, February, March, April or May 2020?

Because most stocks were at 52 weeks low as at March 2020.

If your option is true sir why then do Ichimoku experts say that a support level formed above the cloud is a strong buy signal?

Taking mean reversion trades just might not be as efficient as taking buy trend continuation trades.

Maybe that's why older traders warn people not to try to "bottom fish"

Godlylifeoneart:



Frankly speaking,none of your analytic tools can prevail in both 1 and 2. The best bet is sentiment.
for instance, the breweries industry is terrible at the moment, they might still test lower of the lowest. This will negate any wave pattern you might want to generate. If you are sure of your TA, you can hit the bell and ignore hypothetical view. list 2 examples of each securities and lets review them in 30 to 45 days on dz platform

Now here's the thing about sentiment trading:

People buy/sell for different reasons.

Nor be everybody wey dey waka fast for road get business appointment to catch. Na belle dey worry some and they need to use the rest room.

The herd is usually wrong. I will put up a few sentiment data in my next post (for currency pairs). Go ahead and see where price is trading at for many of the instruments with over 90% sentiment to one side.

Sentiment Trading

Case study: Pound - Dollar

Weekly chart

Sentiment data from myfxbook

79% of traders are buying.

Now look at the chart.

Price is yet to make a higher swing high.

No higher high (swing) neither is there a higher low.

They cannot even draw a simple uptrend line yet on this weekly chart. Why then are people buying?