₦airaland Forum

OBAGADAFFI:
Yup.

But why is FGN Saving Bond rates lower than FGN Bonds rates?

I think it is another way to control inflation

Mpeace:
pls how can I invest here and how much interest do they give.

Your Stockbrokers can help you with that.
You will send your mandate to them via email

emmanuelewumi:
One of the benefits of bond investment, someone here bought a 30 year FG bond about 2 years ago at a coupon of 16%.

Wow 16% that's very intresting. Mine is 12+ % but I got it the secondary market about 3 months ago @ a par value N95 thats a discount of 5% a total of over 17%.

talk2me2:
Please has anyone receive the coupon payment for the FGS202251 (April 2022 FGN Saving Bond)? It ought to be paid since last Friday but I'm yet to see the alert.

Wow the alert just arrived.
And I have forwarded the money to my stockbrokers already

Please has anyone receive the coupon payment for the FGS202251 (April 2022 FGN Saving Bond)? It ought to be paid since last Friday but I'm yet to see the alert.

Please has anyone receive the coupon payment for the FGS202251 (April 2022 FGN Saving Bond)? It ought to be paid since last Friday but I'm yet to see the alert.

ahiboilandgas:
I attneded the wedding of the son of a Nigerian minister ....what i saw ....i have given up on the Nigeria state and it political leaders ..we are the most corrupt society in the world ...an it beyond redemption.....my opinion sha ....

What did you see? That made you give up on 9ija

talk2tonie:
What time does the market close?

2.30 pm

wuwu2:
Would you mind to provide a logical explanation why?....

We have already done so much analysis on UACN here I wouldn't want to go back into that. You may check my ealier posts as well as those of Uchetoba and Onegentleguy for more info.

talk2me2:
The stock suppose to taste between 4 & 5 before the unbundling.

me need more UACN

Mpeace:
Can someone tell us why UACN isbonnfull offer this morning? Is the said unbundling now uncertain?

The stock suppose to taste between 4 & 5 before the unbundling.

OBAGADAFFI:
T+3 days for transactions on the NSE.

It was not T + 3 issue. Though they responded to a mail I sent to them last night, saying they have already disbursed the money that I should get in touch with Access bank.

gabscity:
My brother God is using them to save u from investing in a virtual trash!

you may call it trash but I have been investing into cryptocurency and making profits before now.

maishai:
might be a blessing in disguise..................... more over it could have gone either way..............anyway im not in any way holding sway for them

They don't have the right to hold me to ransom. Moreover there was no explanation whatsoever even to the extent of meristem ignoring my mail. I may sue them for damages if they are not careful.

Meristem stockbrokers has really disapointed me. I sent them a payment request since on Tuesday they debited my cash account and processed the payment, and even sent me a mail that my money has been processed. But up to now they have not transfer the money to my bank account. I sent a mail to them this morning but they did not respond, I called them and they did not pick.

I don't know what else to do I suppose to invest that money into ETH cryptocurrency since yesterday and now ETH has started to rally

CHIMAOBICCU:
Can anyone suggest a trading company that trade with your money

Be careful, it is better to learn to trade by yourself than to trust your money in the hand of another to trade for you. There are lots of scammers these days.

Justcul:
You aren't even sure you qualify for any profits from the unbundling.. no information on qualification date.. have that in your mind

I have already siad that I will respond to the question about the qualification date after the price of UACN drop to N5 or below, so that I can increase my holding in the coy to 100% of my portfolio from the current 80%.

I have already done my own research on the UACN and the unbundling project so I already possess all the info that I need to make my decision about the coy. My decision to buy UACN is not based on hear say.

Let me advice you to go and do due diligence about the stock or any other stock that you intend to buy, and allow the UACN to drop for those of us that have already done our own dd to be able to buy the more.

Mcy56:
@ Chibuking81 pls try and go thru Cardinal stone's analysis on UACN carefully.
They gave the worst scenario, which is still not worst as the case may be.
Now, try and look at it from the best case scenario too.

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20UAC%20of%20Nigeria%20Plc_.pdf

Mcr56 it is better to leave some people alone let them even miss out on this unbundling project. At least let us see those that will cry had I know. After all Uchetoba, Myself, OGG, Yourself and many others have already done alot to enlighten them. Even some of us right now need more UACN. For instance Myself, Uchetoba, Seunn11 among others wants the price to drop to N5 and below so that we can increase our holdings.

Let me also tell those that are still afraid of the UACN to stay clear if they are yet to buy the stock, and if they have alread bought to quickly go and sell from Monday. Since the price is still 'very high,' so that they will not lose money when the price drop to N5 or N2 (like some have predicted) and begin to complain.

It is not even good to gamble with your money in the name of investment. Therefore, those that are not yet convinced about UACN and their unbundling project should please keep their money. So that the price can fall for those that are sure to be able to invest more.

Regards,
T2M2.

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

I will respond to this after UACN drop to N5 or below. I need more UACN.

Uchetoba:
Seunn11 is not a wicked man, he has the right to desire UACN @ N4 just I desire to buy more UACN @ N5. Even ARM also has the right to desire to sell their UACN @ N96.

Now to correct an impression, I did not sell my land just because I was in a horry to buy UACN, rather I sold it to provide for a back up in case the price of UACN choose to go down after investing 100% of what I had in my porfolio before selling the land. As it stands now I have a whole lot of cash (sales of the land, dividend of wapco and little dividend of JB. And I am still waiting for the dividend of UACN by 16 July to join them in case the unbundling continues to delay) waiting for the price of UACN to fall to N5 and below.

Like I said ealier I am willing to wait for the UACN and the unbundling project untill December 2020.

I have no fear at all because i did a very good research before deciding to invest into UACN

I konw what I am investing into and my reason for investing in it.

One of the top secrets of the world billionaires is that they invest in things that they know very well they do not gamble

I love this guy he is very courageous

Rem22:
i bought it in UBA gombe branch immediately after my service in january 2007

Just Visit the registrars they will sort it out for you.

talk2me2:
That stupid medicine that make people fat and afterward cause serious medical complications for them.

Of all the medicines in the world only CQ and Dexamethasone, two medicines that are know to cause serious reactions are those that are effective against covid - 19. This virus really mean business against the humans

thesilentone:
The bolded


What did we learn from today's UK briefing?

Prime Minister Boris Johnson led today’s government press conference.

He was accompanied by the government's chief scientific adviser, Sir Patrick Vallance, and Peter Horby, professor of emerging infectious diseases and global health at the University of Oxford.

The government says that it has adequate supplies of a drug, dexamethasone, that has shown success in saving the lives of people who become seriously ill from coronavirus, including enough for any second peak of cases
The drug does not have an effect on patients who do not have breathing difficulties, but reduces the risk of death for those who require oxygen or ventilation
Treating eight intensive care coronavirus patients with the drug will cost £40 and on average save one life
Sir Patrick emphasised that the drug does not stop people catching the disease or going into hospital, so does not lessen the need for social distancing
Doctors can prescribe the drug from today, as it is already in stock in hospitals and can be quickly manufactured

Source: BBC

That stupid medicine that make people fat and afterward cause serious medical complications for them.

dapix:
Yes it is legit, as it is an urgent regulatory requirement

So why is it only Meritrade that is asking for the update and not all the stockbroking firms in nigeria? since it is regulatory requirement it suppose to be all round.

on4a:
What's going on with meristem sending a link for client update form over the weekend? https://forms.meristemng.com/client-update-form/?
Is this legit? Too much details being requested and I just wonder why I can't update this directly on my meritrade online account.

I got the mail since on Thursday evening but I am yet to do something about it.

Chibuking81:
They accommodated it before recommending, without accommodating it , UACN will not even be at bench talk more of reserve.

Remember UACN is try your Lucky, their unbundling might have price in with their current price. The July fix date is not sacrosanct, meaning that it might take longer time to be concluded, many expectations of q2 companies bad result will likely affect some companies upward movement between now and next month, so I see it as opportunity to buy more. But talking of 12 months upward potential, with next bonanza opportunity UACN will likely fit in.

Many are still waiting in Oando motor, even with years of their nonperformance hoping that one day the company will move forward, that is also try your Lucky, which if it come to pass will triple their capital appreciation, same with eterna.

Such stock is good to invest monthly with money one able to risky, not greater percentage of one investment, because if it turn out good, he will smile, but when it turn out bad , he can easily forgo the investment.

The worse investment, is not your stock returning to 20 kobo car park, because at that there is still hope of resurrecting one day, but worse is when your said company you invested is been delisted, like that of Skye bank, and other delisted companies.

Well the UACN is a good company and not the type that can be delisted over night like skye bonk.

UACN right now is not try your luck as you insinuated. Any investment into the share of UACN now is a wise investment that carries minimal amount of risk and huge potential returns.

UACN was not even supposed to declare any dividend this year, because they are already set to hand over more than 17 billion naira to investors this same year through unbundling. But the directors just don't want it to be said that the company did not pay dividend in 2020, being company with a very long track record of consistent dividend payment. That was why they managed to recommend 10k per share dividend on top of the unbundling.

Again going by the report, UACN now has a potential upside of about 40% from the current price of N7.20k. Now add that to the benefits of the unbundling, THE RECOMMENDATION FOR THE UACN BECOMES VERY VERY STRONG BUY.

We already know you here as a monkey hunter, you only promote the stocks that you want to sell and criticize the stocks that you want to buy. I pity those that will take your advice seriously to run with it because they are the ones that will cry had I no after the unbundling.

I already have UACN as 73% of my portfolio, and I will make it 80% on Monday and continue to increase it untill the unbundling takes place.

Come to think of it, July is only two weeks away from now.

Eeem UACN PLEASE WAIT FOR ME.

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.

Yes you may be right the uacn has about 30% upward potential base on the report. But if you add the benefits of the unbundling of updc and updc riet, then the recommendation for UACN will become VERY STRONG BUY.

veecovee:
some people wouldn't buy GTB at 25, but will soon bid it at 40

Pastor that was sth most people bought @ 18 naira or so a few weeks ago, now waiting to sell @ 25 naira. That is the same thing you are advicing me to buy @ 25 naira.

Be your brothers keeper.

Uchetoba:
UACN is beginning to slide towards N5. The opportunity to invest the proceed from the sale of my land, as well as the dividend I received today from wapco is gradually presenting itself.

I don't really know, what is even wrong with this UACN? since it is not ready to move up yet, it should come down let us average down. I still have plainty of cash 'not seeing anything in the market to invest in'.

talk2me2:
I followed Ucheson with wisdom, I normally buy the very moment he begins to say sell and always sell the very moment oando stops moving.

But I still belief in the UACN and the unbundling project. Worst case the price will crash and I will average down and still holdon till the unbundling is done. I did not buy UACN because of what somebody said, I knew what I was buying.

Josh121:
I lost 25m cos of that guys and peterrich push but in life you win some and gain some. I just laugh each time i see peterrichy here

I followed Ucheson with wisdom, I normally buy the very moment he begins to say sell and always sell the very moment oando stops moving.

TheAristocrat:
Okay.But wouldn't the share price of UACN be marked down after the unbundling?

When UBA unbundled Afriprud, Ucap & Afriland properties the share price of UBA was not marked down. Therefore the share price of UACN will not be marked down if they unbundle UPDC & UPDCREIT.