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Sky2891's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:52pm On Aug 05, 2022
yMcy56:
No effect as such.......but if the option is bonus issue, the announcement could increase investors appetite for the stock and lead to price appreciation.
Thank you MCY
I am also of the opinion that if they sell the unissued shares either by rights issue or allocation to existing major shareholder and use the funds to reduce debt, it may also impact on their bottom line and consequently the share price..
Please, I don't know if I am right about this.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 7:34pm On Aug 04, 2022
yMcy56:
It may be due to: itchy fingers, fear, insider info (which may sometimes be read upside-down), current market situation brought about by MPR increase or whatever is pursuing the sellers.

My take, keep eye on it. I think below 5 is a good bargain if not inside the bus yet. If you're, exercise patience.

AGM is coming up on 11th August, one of the special biz to be discussed is Unissued Share Capital, not saying there'll be bonus issue oooo, but it's an option to be considered too.......the Unissued Shares may be cancelled, final decision is with the board.

Las las, na to wait and see the result before we go judge am. smiley
Mcy, what could be the effect of each of the options to be deliberated on during the AGM as regards the unissued shares.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:51pm On Jul 30, 2022
onegentleguy:
INTERNATIONAL BREWERIES just released it's Q2/H1, 2022 financial print.

Highlights;

Incredible jump in NPM from a negative approx N13.89B to a positive N336,201.
TCI came in even better, up from a YoY negative stand of near N8.2B to a positive position of over N N2.714B.
...both line producing an improvement in JPMG/AER and ensuring that growth trajactory is maintained.

This was despite higher capex and increased deleveraging.

I truly love what I see in the coys SCF and BS print.

Again, BUY... ACCUMULATE... HOLD!
Please OGG can you throw more light on INTBREW Q2/H1 2022?
I noticed the PBT for Q2 is -ve.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 7:30pm On Jul 24, 2022
Please, can someone help with the total amount of INTBREW unissued shares?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891:
yMcy56:
It may be due to: itchy fingers, fear, insider info (which may sometimes be read upside-down), current market situation brought about by MPR increase or whatever is pursuing the sellers.

My take, keep eye on it. I think below 5 is a good bargain if not inside the bus yet. If you're, exercise patience.

AGM is coming up on 11th August, one of the special biz to be discussed is Unissued Share Capital, not saying there'll be bonus issue oooo, but it's an option to be considered too.......the Unissued Shares may be cancelled, final decision is with the board.

Las las, na to wait and see the result before we go judge am. smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 7:11pm On Nov 08, 2020
fidtopade:
I think this will course investors to go where this will not apply, like our own market Nigeria and others.
FATCA should apply, shouldn't it?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 4:29am On Oct 31, 2020
sky2891:
Please, assist with the link.
Happy birthday OGG. I am wishing you constant green to your portfolio
Seen. Thanks.
http://www.nse.com.ng/Financial_NewsDocs/31793_U_A_C_N__OF_NIGERIA_PLC%20UACN_Q3_2020_AND_9M_2020_EARN.pdf
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 4:11am On Oct 31, 2020
onegentleguy:
UACN has released its Q3 financial print showing a great improvement both QoQ and YoY.
Surprisingly, or should we rather say unsurprisingly, no one seems to be talking about it or even posted it here.
wink cheesy grin

Run down:

>> EBITDA MARGIN grew from a negative N10.2B to a positive N1.9B YoY...with near 40% of that figure booked in just the last 3 months/july-sep 2020(@ circa 743.7M) up from an approx negative N12.9B in the comparable period of last yr.

>> Current asset ran at a faster pace than total liability, with the former already at a premium to the latter, showing the groups strong liquidity posture and value accretive stance.(NWC and EM effect in view)

>> Lower EFIR given Zero LTDP, with short-term obligation decelerating by over 3,900bps from approx N4.60B to N2.77B(CLCR in view)

>> Higher cash position with a further improvement to the groups CGPR.

>> Fantastic AER as OCF grew exponentially from a negative approx N9.2B to a positive N4.7B


Using a mix of valuation model which seeks a conservative approach to reward but attaches a higher premium to risk, UACN should have no business trading for less than N14.40.

It is well.
Please, assist with the link.
Happy birthday OGG. I am wishing you constant green to your portfolio
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 12:11pm On Sep 02, 2020
emmanuelewumi:
I think so, if you have UPDC shares
UACN seems to be retaining 49% of its holding in UPDC. Please, How will this affect UACN shareholders?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:44am On Sep 02, 2020
TLAX:
Yes...that's what the presentation from the company suggests.
Definitely, it will favour UACN shareholders. Right?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:39am On Sep 02, 2020
TLAX:
That's the first 5.1% of 51%. The balance of 45%+ will be done later. Probably when Custodian turns some assets to cash to pay for it.
Does it mean there is still going to be a form of unbundling of UPDCREIT?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:39am On Sep 02, 2020
TLAX:
That's the first 5.1% of 51%. The balance of 45%+ will be done later. Probably when Custodian turns some assets to cash to pay for it.
Does it mean there is still going to be a form of unbundling in UPDCREIT?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:03pm On Aug 27, 2020
dharpzee:
What is the going on in UACN, 111million units sold just today. It is well o
Please, any details about the transaction?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 2:55pm On Aug 19, 2020
STNWAUME:
What do expect when the chief monkey hunter has gone into hiding. UACN now #5:65k
Inappropriate statement!!!
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 2:53pm On Aug 19, 2020
STNWAUME:
What do expect when the chief monkey hunter has gone into hiding. UACN now #5:65k
I believe UACN will strongly deliver. I am still in the bus and I will wait it out.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 4:57pm On Aug 17, 2020
BullBearMkt:
...the stock is still performing well, though there is a resistant at 3.25, but I think overall a slight pullback is needed before the level is overpower by the bulls. General market breadth is looking good. However, if you have lot of capital invested in the stock, you might decided to take partial profits & leave the remaining running with the market.
grin grin grin grin grin
Thank you
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:54am On Aug 17, 2020
BullBearMkt:
UCAP Might Be Good To Add Into Your Portfolio
With the stock recent corrections seem completed, the stock could be ready for another upside run. Entry between 2.60 & 2.65 may possibly be good entry as well.

For more market opportunities, check my weekly market review on YT. Overlook my "Uhmmms" & concentrate on the info cheesy

https://www.youtube.com/watch?v=gWCNOuwat10


PLAN YOUR TRADES AND TRADE YOUR PLANS
grin grin grin grin grin
Please, assist with update on UCAP.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 2:07pm On Aug 11, 2020
Mcy56:
Profit taking ongoing in Ucap......
Do we expect further upward movement after the profit taking?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 10:15am On Aug 11, 2020
emmanuelewumi:
It is confirmed, their won't be a special dividend from UACN.
Please, how will the proceeds be utilized?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:39pm On Aug 03, 2020
OBAGADAFFI:
I think the UACN management were just looking for buyers for (UPDC and REIT).
Custodian gave them a good deal.
Please, What does this hold for shareholders of UACN? And how will UACN utilize the proceeds from this transaction? Exceptional dividend? lol Fingers crossed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:39pm On Aug 03, 2020
OBAGADAFFI:
I think the UACN management were just looking for buyers for (UPDC and REIT).
Custodian gave them a good deal.
Please, What does this hold for shareholders of UACN? And how will UACN utilize the proceeds from this transaction? Exceptional dividend? lol Fingers crossed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:27pm On Aug 03, 2020
undecided
emmanuelewumi:
Custodian and Allied Insurance is now the core Investor of UPDC and UPDC REIT
Please, What does this hold for shareholders of UACN?
And how will UACN utilize the proceeds from this transaction?
Exceptional dividend? lol
Fingers crossed
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 9:40am On Aug 03, 2020
[quote author=currentprice post=92404475]Let me come and greet my bsnl on my bornday grin

Ekuu Mkt O

be fearful when others are greedy


grin grin grin grin grin grin grin[/quote
Happy birthday. Wishing you more green to your portfolio
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 6:16pm On Aug 02, 2020
BullBearMkt:
...A good problem there! If you needed cash urgently & not ready to loose out on both stocks, why not dispose off part of the 2 stocks to get the amount needed! In answer to your riddle lies in your heart
grin grin grin grin grin
Thank you so much but if I am ready to loose out on one, which do you think?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 3:09pm On Aug 02, 2020
Please, house assist with this decision.
I have UACN and UCAP in my portfolio but I need to sell one this August for a need.
I am having difficulty deciding which to sell as UCAP gives me good dividend and UACN has underlying promise based on the coming unbundling which I don't want to miss out.
Please, I need your advice .
Ofcourse,I take responsibility of making my final decision.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:45am On May 27, 2020
Uchetoba:
Base on the current price of UACN 8.35,
2 shares of UACN = 16.70 + 2% max commission = 17.03.

12 shares of updc = 9.60
1 unit of updcreit = 3.50
9.60 + 3.50 = 13.10

If we minus that from 17.03 - 13.10 = 3.93

Now divide 3.93 ÷ 2 = 1.97

So after the unbundling, the cost price of your uacn per share will be 1.97
Please, I don't understand. Cost price of UACN 1.97?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 4:34pm On May 12, 2020
Uchetoba:
Here are the numbers that I promised you:

When the Unbundling of UPDC and UPDCREIT is completed, the shareholders of UPDC will be given 1 unit of UPDCREIT in addition to every 12 shares of UPDC held.

AND UACN SHAREHOLDERS WILL RECEIVE
12 SHARES OF UPDC +
1 SHARE OF UPDCREIT
IN ADDITION TO EVERY 2 SHARES OF UACN ORIGINALLY HELD.
Qualification date please
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 7:02am On May 01, 2020
nna777:
Have you gotten any positive feedback from UCAP?
I got across to them. They said some mandates were not uploaded & they will upload the mandates and effect payments on or before Friday next week.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 11:39am On Apr 29, 2020
Mcy56:
You can check your acct. Your bank may have network issue. It may also be that they're paying in batches.
Just checked. Nothing yet.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 8:02am On Apr 29, 2020
bigjay01:
Ucap alert received @0109hrs
Yet to get mine. I hope there's no problem?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:58pm On Apr 20, 2020
rebekah2011:
CAP Plc that returned a good result, its shareholders were denied dividend and UACN that returned woeful results were rewarded with 10kobo dividend.
UACN Q1 & Q2 will also give a clear image of UACN status.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by sky2891: 9:15am On Jan 30, 2020
PharmAlfred:
Is this the UACN people have been promoting and buying or another one?
UPDC

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