₦airaland Forum

locodemy:
You can buy more fidelity now to average down else you will have no other option than to exit with us at that your #2 junction.

After today,we will not allow the price to sell below this 1.71-75 you are seeing now.

Cc: chibuking

locodemy:
@ stcool,your #2 fidelity is now our prey at 1.71-1.75.

One guy just do gra gra early morning to buy 2m units at 1.77/1.78 and we decided to park below that price.we are almost done.

Expect your ministry to move forward onwards.

onegentleguy:

Even u ur eyes don begin clear small small !!

I love that man Mr TIME !! ...for he always has a way of setting matters straight before putting them in their right perspective.

stcool:
siddon dey monitor me na

Meanwhile I have been loading my goldmine since last week . Buying at my bargain price is scarce

...I will reveal the major gold mine at the appointed time after i have finished loading

locodemy:
Calm down,let's get an update from the Fg today or tomorrow.
Fg needs to lift ban on inter state travel and that of airlines.

We need to usher in to Q3 with good news on lockdown else,our bull will be disrupt.

For this reason,I will not jump for another 10% immediately,I will wait till 1st or 2nd of July to jump into my new target stock which is already riped.

For those in fcmb,it is still bullish o .

PETERiCHY:
BLAKELEY LLP a core INVESTOR in UACN

Sold 10m units on April 24th 2020
Sold 10m units on May 11th 2020
Sold 15m units on May 12th 2020
Sold 28m units on May 15rh 2020
Sold 40m units on June 17th 2020

Making it a total of 103million units of UACN BLAKELEY LLP sold within the last 3months at an average price of N6.60k.

BARGAIN HUNTERS TAKE NOTE!

drills:
Is it the unbundling that is deiving the UACN price surge?

Chibuking81:
Will unbundling happen this year, next or upper?
What if like of zenith drop to #12 with UACN @ #6 which is more juices?
What is the current fair price value of (1)one unit of UACN, (2). Six unit of UAC property and (3). Half unit of UPDC REIT going by their year in and year out eps quarterly performance ?

Princkez:
what if it's back dated to 2019...what happens to those who bought in 2020

Princkez:
I'm only scared of one thing.....THE QUALIFICATION DATE

Mcy56:
About UACN unbundling:
This post is for the benefits of those who doesnt understand what the argument was about.

My understanding:
1. UACN is splitting into three after unbundling - UACN, UPDC and UPDC-Reit.
2. Each entity to deal directly with their shareholders after unbundling.
3. UACN controls 93.9% of stake in UPDC and around 61% in UPDC-REIT.
4. UACN shares remains.
5. 93.9% stake of UACN in UPDC to be pro-rated and shared in ratio 1:6 to UACN shareholders.
6. Over 61% UACN stake in REIT to be pro-rated and shared in ratio 2:1 to UACN shareholders.
7. At the end of unbundling, 2 company's shares in addition to UACN (making 3 stocks) will appear in your portfolio.....if you have the 3 already, the units in UPDC and REIT will increase.

@Onegentleguy, Uchetoba and talk2me2 have done all the talking and calculation, you may refer to their posts on the subject.

Invariably, this unbundling will end up paying off..... to the patient ones especially. We pray everything goes according to the plan.

After unbundling, UACN would have separated from its loss making arm while UPDC would strive to restrategise to deliver value to shareholders.....this started with their successful conclusion of the right issue.
Individual is now free to make his/her own choice.

OBAGADAFFI:
It normal after Over sold.

NEIMETH is no longer going below N1

megamart247:
you want to average down on your Guniess @N9.00.
what of your fidelity & japaul?

Chibuking81:
Peter Guinness has pass your junction, now at #15

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/30649_U_A_C_N__OF_NIGERIA_PLC._CORPORATE_ACTIONS_JUNE_2020.pdf

Chibuking81:
Peter are you tired with unbundling or are you out of their vehicle? Your Guinness price today has presented another better opportunity, are you sure that it will not get to #9 junction in the coming months, because it never move up from any new junction it relocated to.

What is the Format of
Japaul?

Marketapprentic:
Oga boss, he is not trapped. And he made it known from the beginning that it purely based on speculation. BUT IS IT NOT DEROGATORY(jocular) TO USE THE EPITHET trapped FOR 1,000,000 UNITS OF JP AT .27KOBO WHICH IS #270K
Or is that amount about 70 or 80% of his capital? His money is in UACN, THEN FIDELITY THEN GUINNESS etc so if at all JP goes wrong, it is Alms.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/30612_JAPAUL_PLC_-_AGM_CORPORATE_ACTIONS_JUNE_2020.pdf

Japaul the Gold digger.

locodemy:
You don't need him to whisper to you.
When he bought fidelity at #2 about 3 weeks ago.what do you expect him to do if not average down.He is even well known for average down things following past events.

Fcmb is set to overtake fidelity anytime this year.

locodemy:
Some people will be reckless in dumping Kaya.

Timing the market a big problem.
When they buy,they buy recklessly,when they sell,they sell with panic.chai.......

Try to know difference btw sell off,consolidations,pullback and bears.

Make una no loose money too much.
Loco is in 100% cash but the current outlook is a good one.

bigjay01:
http://www.nse.com.ng/Listings-site/corporate-disclosure-site/Documents/Market%20Bulletin%20-%20AIICO%20Insurance%20Plc%20Proposed%20Rights%20Issue.pdf

Potential 29B O/S after all these shenanigans

This chic is fast losing her beauty (aka appeal)

debeey87:
Thanks for sharing your thoughts

tommieen:
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debeey87:
Good morning all. I'll appreciate everyone's thoughts on my narrative below.

Every quarter, I contribute a certain amount into an annuity plan with one of the insurance companies. The plan is that at a certain age(50yrs), the company pays me monthly(500k) till death having fulfilled the premium payment to the required age.

Going by the volatility of the naira which gets devalued every now and then thus reducing it's purchasing power overtime, is such an investment still advisable?

Will investment of the premium currently being paid quarterly into a good dividend stocks be a bad idea? (I have a couple of dividend paying stocks already).

Thank you

DeRuggedProf:
From my experience on NSE, I know the most descent girls don't end up with the best husbands.

I checked that GTI recommendation and smiled in my heart. I know at least one stock that when it is ready, UBA will not see it's back for gains.
UBA can be VERY LAZY!

Most of the stocks having very high expected percentage gains are the ones the guys don load finish. By the time they return like 50% and you are getting excited to collect the remaining 37%, brokers don begin dey shed load while your new funds will still be entering due to excitement, then Gbagun kpaka boooom....the door don shut....

Make I chill dey look wayo, after all dem go come talk later say that one dey under review or no dey their coverage....

Chibuking81:
1. UPDC is half a unit a shareholder of UACN will get after unbundling, that's if at price of #3.50÷ 2 = #1.75 ( with expected final year EPs of 16 * 4 = 64 kobo/ 2 = 32 kobo) and this seems to be the most target among all.

2. UACN main companies has EPs of about #1 equivalent to FIDELITY, FCMB, Caverton, all in the range of #1.7 to #2.3, and the 3 mentioned paid higher final dividend than UACN.
Fidelity paid 20 kobo,
FCMB paid 14 kobo,
Caverton paid 20 kobo,
while
UACN paid 10 kobo.
Can that range of #2 stock or below be the fair price of UACN main company?

3. My main worries still remains that, if after unbundling and no more buyer at side of UAC property which their accumulated negative earning will be - 612 kobo × 6 = -3672 kobo for the 6 unit allotments, who will bail one out at 20 kobo junction?

Chibuking81:
The 3 you mentioned stand out to me more than the other unmentioned 3.
On UACN
Sometimes there is a way your friends will be shouting buy buy on a particular stock, one will try to test the try your Lucky, which I might likely participate but not with greater percentage of my holding.

Chibuking81:
But there are a lot with upside potential of 30% and above, UBA 87%. They really captured the good squads in banking sector, they look like Barcelona/ Real Madrid/ Liver pool first eleven.
UACN is with 27%.

Anyway is your choice. But the best time to accumulate will likely turn out to be by the month of July. As q2 expectations of bad result approaches stock will likely go lower. And thereby presenting the entrance opportunities.