₦airaland Forum

gbengafaro1986:
why una dey push this UCAP like this na

They have launched a fintech mfb subsidiary.

MARKETJJC:
There is certainly something serious and big behind. 1.6billion done already within 30mins. Sellers dey, buyers dey

I think it is normal market phenomenon. When a stock is on bid for 3 to 4 days with a lot of bullish sentiment around there will a backlog of buy orders. If smart money then decides to take profits you will have huge volumes traded in a short time, usually at market open.

Bbbwings:
I beg who knows.

They will first approve the creation of the shares at an EGM holding today. They may give an idea on when shares will be allotted at the meeting.

Choiceguy:
This constant shifting of dangote refinery PMS sales nawoo.

I think they are still trying to marry the inevitable existence of the refinery with the various oil sector cabals and the government's oil revenue in flow and fuel subsidy system. This is what you get in a country that doesn't plan. Ideally we should have started adjusting for the coming on stream of the refinery at least two years ago.

emmanuelewumi:
If you made a gain of 100% in year one and made a loss of 50% in year two, do you know that you compounded annualized return in 2 years is 0%

That's why it is advised to take some windfall profits off the table. Learn from Tinubu.

KarlTom:
NNPC-NNPCL-OVH


All these might seem like a French roulette but it is a well-arranged domino…the final piece being a REFINERY!

You think they will try and buy Alhaji out or buy P/H?

MARKETJJC:
Yes, I learnt there is in house consideration first before out house. For example, Morgan capital will sell to their customers that are on the queue first and only consider others from other brokers if there is no customer of theirs that is in the line. So the rule is sell to house first before other houses, so that all the commissions( buy and sell) will be in your purse. So it is possible to see someone at number 15 filled before someone at number 1, in that case the seller is from the same house as number 15 while number 1 is from different house. This is my toddler understanding of why and if

Thanks. This is consistent with my observations too.

BabsO2:
Looks more like a strategic buyer or portfolio manager or market maker mopping up available offers.

With 11,753,208 units changing hands in 268 trades that is an average of 43,855 units per transaction. Average transaction cost at N43.3 going rate for today is N1.9 million.

OANDO is surely one of the most liquid stocks on the NGX over the last 2 years.

Picture below: Bids on queue before trade open today at 10am not yet filled on the left. And currently executed trades on the right.

Is it also possible that a broker with sell orders from one client can sell to another of his clients no matter where that client's order is in the queue. I got some units sold to me today even though I was not at the top of the queue. I am suspecting that maybe those shares came from my broker.

Bagwa:
Nothing lyk delist , Wale is now holding over 80% Oando bought at cheaper price below 15 Naira after he accumulated, Court withdraw the case 😂

Chai!! With our toothless SEC none of those purchases were reported, and nothing will be done.

Bagwa:
But you have to be strong there will be more up and down but Oando will reach 200 by end of 2025 ny God grace

Up and down is good. If one Jijo well one can get to 200 with more shares. Just tell Wale not to delist.

mikeapollo:
You don land ke? Are you not supposed to be flying high and higher and higher? Wetin be land again? Lol
Oando will surely hit the 3 digits; it is just a matter of some months from now.

You go fly now. Me nah land I wan land, for beta house.

Bagwa:
Dont deceive new babies to loss this opportunity, a new development that will drive oando to 3 digit will come in few days

All da talk say Oando 3 digits and #150 de sweet my belle well well. If dat happen I don land be dat.

megawealth01:
Which recovery

It depends on the price you bought sha... Many people here are on more than 200% even when it got to that 29+ on Friday...

Everyone dey happy now... Small pullback fight go start

When a stock dips from #49 down to #29 in 5 days and immediately moves back up to #39 in 3 days it is called a V-shaped recovery in my dictionary. It has no relationship to where the price was before the dip or whether or not some made 200% before then.

megawealth01:
Amen oooooo

But na gamble I dey sha

Something must be up to cause this sharp V-shape recovery. Unfortunately the turn was too quick the bus had no time to pick up waiting passengers.

Bagwa:
Watch soon, Make sure you buy today or tomorrow 😂

Maybe some people already know the results coming?

Oando full bid at 39.40

SonofElElyonRet:
Yes na

Btw. What happened to all that noise about Union Bank acquisition by Emefile through fronts. Who is running the bank and taking the money?

emmanuelewumi:
What is the difference between 12 and a dozen?

See..

BullBearMkt:
...Oga Raider, why you want hold the stock price? Dair is God o!

Unfortunately people don't like share reconstruction.

emmanuelewumi:
Very good. That means free cash flow return on equity will be about 20%.


Not bad at all

What will it be after reconstruction of 1:4 when OS = 10b and price= 40?

ositadima1:
Transcorp's 2023 Free Cash Flow to Equity (FCFE) per share was 0.93 (please do ur own calc. here), and they are paying out 0.2 as dividends. It's important to note that FCFE represents the free cash available to shareholders after all expenses and reinvestment needs have been met.

When I plugged the 0.93 FCFE into my Monte Carlo simulation, it produced a valuation range of 11.98 to 24.13. Based on this FCFE analysis and discounted valuation, I believe the stock is undervalued.

I would target a mean of 17 naira.

We now have your FA and TA from Oga BBM. What is missing is a consideration of market sentiments. That's what I tried to add to the TA. The sentiment around Transcorp in the short term is influenced by the proposed share reduction or consolidation of 1:4. The price is not going anywhere until that is done.

BullBearMkt:
WATCH-OUT FOR TRANSCORP THIS TRADING WEEK
Last week, 4 possible levels that Transcorp could possibly reverse were indicated. The price is likely to touch the first level. All that is needed is to wait for price rejection at this level.

PLAN YOUR TRADES AND TRADE YOUR PLANS

Don't you think that the main issue around Transcorp is the share consolidation? There seems to be a strong support at 10, which maybe the target price of the company or the market, so the post consolidation price will be 40 at the proposed 1:4. Consequently an appreciable upward rise from 10 could be difficult.

bolton08:
That information is not correct. An insider told me they will overcome their forex loss challenge in short term. Plus they are currently expanding their Shagamu factory.

I strongly believe they will survive the forex loss tide as DS, MTN and PZ all will.

MTN is not going anywhere. This is their biggest market.

emmanuelewumi:
Why didn't you do it in phases. Eg complete 4 flats start earning income, then do another 4 flats.


I will advise you to complete what you have started.

Thanks. I have considered finishing in phases and that's what I will most likely do. But do you realize that aspects such as landscaping, fence and gate house, water and electricity connections are common to all phases and have to all be done before you can complete the first phase? By the time you do those completing the other phases becomes easy.

Streetinvestor2:
Go complete it because you have gone far.If you leave it as abandoned building.You will be surprised in the next 10yrs you have not finished it.I am talking from expirence. Even if you decide to go back after making money from nse.You will still see more opportunity here with better return.Then after long you will not have interest to even put a dime in it.Finish then you can then decide to sell it Don't try abandoning it to come back unless you don't have fund.You won't believe when I start mine it was sliding windows was the thing.I stopped without doing interior. Now how do I start changing to casement. I leave the thing go start new thing.I don't even know what to do with that particular building again. And to sell now.it will be price at serious discount

I do relate to your situation. I also took some years to reach it's current stage and already some of the external features, such as the concrete facial roof design, are out of date. Thanks for the advice.

Mankind2024:
I undertook a self-directed research project to investigate the hype surrounding real estate, with Abuja as my case study. The results revealed that financial market returns surpass those of real estate. Furthermore, purchasing land with a Certificate of Occupancy (CofO) is a more prudent decision than embarking on a real estate project with expectations of liquidity returns. The stresses associated with building construction cannot be overstated. While it may have been a lucrative venture in the past, financial assets are now the primary objective. Indeed, had you invested the initial funds in financial assets, you could likely purchase a completed building using the proceeds from those investments.

Thanks. I agree 💯. But the reality now is that the building is there and a decision needs to be made on if it is wise to complete it.

emmanuelewumi:
Actually sold my late grandma's house in January 2023.

I used my share to buy Nahco, United Capital, Dangote Sugar and Presco after rigourous research and analysis.

After buying those stocks, I then used them as collateral security which I used to buy dollar at less than N700 which was invested in United Capital Eurobond fund


I have grown my fund more than 250% within 20 months

May I ask your advice on my real estate project? I have been building a block of 12 flats in a large State capital city at one of the most prime locations in the city. The current value of sunk costs including land is at least N400m given the recent inflation. As of today I need about N100m to N150m to complete it. It will fetch about N24m net in rent per year. I plan to complete in two years. Do you advice me to keep investing in it or abandon it and use the money in the capital market? For various reasons I can't sell the place. One of the reasons is that it will sell at huge discount as an uncomplicated building.

Streetinvestor2:
Oga Emma you want to be the enemy of this thread as you are de marketing oando

Pls what do you think of ucap going forward as per when the bonus is allotted. I am concerned about them generating enough profit to cover the dilution. I have enjoyed the consistant dividend increase. And now worried if it can continue .I would have preferred 1 for 1 bonus but don't know why Tony decided that high bonus .Do you have any information for new fronts to increase revenue seriously beside what they have been doing

They are even going international

https://nairametrics.com/2024/08/14/united-capital-group-transcends-borders-with-landmark-corporate-bond-in-sierra-leone/

KarlTom:
It was not manufactured neither is it a braking news...

It has been in the press since January 2024

https://businessday.ng/energy/oilandgas/article/oando-aa-rano-sahara-others-secure-fresh-nnpcs-oil-swaps-deal-worth-755m/

These are the import cabals giving DR serious resistance. Instead of NNPCL to deal directly with established foreign refineries they deal through these Nigerian companies so the money will go round.

yMcy56:
OK!
So no one has posted about the status of OANDO in market so far.....
Ok o, attached is the screenshot.....and the bid has increased past this as at now.....
Thank you Jesus!

Looks like many who sold @40 and above were waiting and timing when to get back in. If so the price may not get back to 40 immediately unless new money comes in.

Oando in the green