₦airaland Forum

talk2me2:
Guy I from the very moment I saw this your post I quickly moved into research about UACN. Here are my findings:

UACN has 2,881,296,580 ordinary shares of 50k each.
UPDC has 18.462billion ordinary shares of 50k each after the right issue.
Accordig to reuters.com UACN now own 93.9% or 17.34 billion shares of UPDC. When UACN unbundles UPDC, the 17.34B shares will be alloted pro rata to the shareholders of uacn i.e 17.34b ÷ 2.88b = 6 shares of updc for 1 share of uacn held.

In addition, UPDCREIT has 2,668,269,500 units of N10 each.
UPDC own 61.5 % or 1,640,985,742 units of UPDCREIT.
And uacn own 93.9% or 1,540,885,611 units of updcreit.
the pro rata means 1.54b ÷ 2.88b = 0.53 unit for 1 share of uacn held. Now let's multiply 0.53 by 2 = 1.06 or 1 unit of updcreit for ever 2 shares of uacn.

SUMMARY
THEREFORE, FOR EVERY TWO SHARES OF UACN THAT SHAREHOLDER HAD THEY WILL RECEIVE ONE UNIT OF 10 NAIRA EACH OF UPDCREIT AND TWELVE SHARES OF UPDC AS BONUS SHARES.

OGA YOUR HEAD IS CORRECT.

I have already made UACN the 65 % of my portfolio, hoping to add more before the unbundlings finally take place in July.

We are making alot of money this year.

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.

Uchetoba:
Some Ogas right from the days of SMN admonished us to always buy things that if they don't poo they will vomit. But UACN right now is one outstanding stock that within the next 4 months, will poo, Vomit, pea 2 times and mess 2 times.

Where to poo = capital appreciation
Vomit = dividend from UACN
Pea 2x = the unbundling of UPDC & UPDCREIT
Mess 2x = Final dividend and interim dividend from UPDCREIT.
All these to happen in 4 months.
Be wise don't be left out.

Uchetoba:
THERE IS HOPE FOR UPDC.
Yes I said there is hope for UPDC because wapco was in that territory of losses for some years before raising some mone through right issues, and also sold their loss making South African company and cleared most of their debts and brought it down to a very serviceable level. Now wapco is back to profitabilty. The principle being applied by UPDC in raising found through right issue and clearing their debts, is very similar to what wapco did to return to profitability. Therefore there is hope for UPDC.

Uchetoba:
SOME REASONS UACN & UPDC HAVE TO DO THE UNBUNDLING PROJECT.

1. To save the conglomerate (UACN) from being dragged any further into losses by UPDC.

2. To enable UPDC steer out of the loss making territory and back to profitability by reducing their debts to a serviceable level.

3. To creat more value for the investors of of UACN & UPDC so that the:
(a) Investors of UACN will now have direct investments in and be receiving dividend (whenever they are declared) directly from UACN, UPDC, & UPDC REIT.
(b) Investors of UPDC will now have direct investments in and be receiving dividend (whenever they are declared) directly from UPDC & UPDC REIT.

Uchetoba:
READY FOR UNBUNDLING

http://www.nse.com.ng/Issuers-section/listed-securities/company-details?symbol=UAC-PROP

ebuka1997:
https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20UAC%20of%20Nigeria%20Plc_.pdf

For UACN faithfuls

talk2me2:
One of the secrets of the Billionaires that kept them getting richer is that
They invest in opportunities with limited risk and huge potential returns.

stcool:
Something is funny with this market....UACPROP & UPDC REIT is going up (full bid)

and they are pushing UACN down...

Let me start buying UACN to avoid had I known

This is clearly Cowboys tactic of mopping up the REIT at a cheaper price

Uchetoba:
Why are some Investor so unstable? Fine if you are afraid why don't you leave UACN alone and buy another stock and leave us alone to do our 'Mistake' after all is our portfolio? Or has the UACN that published that they are going to conclude the unbundling in July come out to say otherwise?

OakPearl:
Yea. The question is were you called a deceiver or any such disrespectful names when you held a contrary view then?
Pa Emma has exercised maturity and wisdom by ignoring the e-fight you have tried so hard to drag him into. Not everyone will afford you that luxury.
Exercise restraint in name calling that's all.

I choose now to stop further comments on this matter.
#EndOfRant

sellydion:
@Uchetoba, have you asked yourself if the unbundling is already discounted into current price.

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.

Uchetoba:
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.

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.

emmanuelewumi:
Monkey hunters identified. Ideally this should be the right time to accumulate the more

We have all invested well, done our research, the normal and expected thing is to sit back, relax, watch and monitor our Investments grow and generate a lifetime cash flow for us

Uchetoba:
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.

OakPearl:
I hate to do this, but why the incessant name calling? Couldn't you have stated your point of argument with regard for others?
Have you forgotten your position on this same stock you harassed me, Agba and OGG for?
Were you called names back then when you held contrary views in September 2019?



Meanwhile, some time in Sept 2019








Please advise yourself bro!

Uchetoba:
From my research so far, this unbundling of a thing is going to favour uacn shareholders alot

I will post the numbers from the research after investing enough in uacn.

Uchetoba:
Before the right issue was announced

Cc: Pluto09

Uchetoba:
The annoucement of the updc right issue has chaged the game, help my research and give me a direction

Uchetoba:
Infact the right issue of UPDC makes the whole unbundling thing more protitable for UACN shareholders.
The debt that UPDC own UACN will be converted to UPDC right.

stcool:
una no dey tire...

why not take a loan and load it...its still available so it does not go on full bid

Uchetoba:
THERE IS HOPE FOR UPDC.
Yes I said there is hope for UPDC because wapco was in that territory of losses for some years before raising some mone through right issues, and also sold their loss making South African company and cleared most of their debts and brought it down to a very serviceable level. Now wapco is back to profitabilty. The principle being applied by UPDC in raising found through right issue and clearing their debts, is very similar to what wapco did to return to profitability. Therefore there is hope for UPDC.

Uchetoba:
SOME REASONS UACN & UPDC HAVE TO DO THE UNBUNDLING PROJECT.

1. To save the conglomerate (UACN) from being dragged any further into losses by UPDC.

2. To enable UPDC steer out of the loss making territory and back to profitability by reducing their debts to a serviceable level.

3. To creat more value for the investors of of UACN & UPDC so that the:
(a) Investors of UACN will now have direct investments in and be receiving dividend (whenever they are declared) directly from UACN, UPDC, & UPDC REIT.
(b) Investors of UPDC will now have direct investments in and be receiving dividend (whenever they are declared) directly from UPDC & UPDC REIT.

rebekah2011:
When you see people get too emotional about a particular stock, they are blinded to see what others are seeing. whatever gains that UACN or UPDCREITS will give, it may likely be consumed by the liabilities that UPDC will thrust upon one.

meine:
Did he put a gun to your head to buy the stock or not to buy? Why didnt you do your own due diligence? What of correct predictions hw has made in the past? To slap people like you just dey hungry me.

Uchetoba:
Those that will listen to disceivers like emmanuelewumi and meine will come back to complain again after the unbundling, just as they complained after the merger of ccnn and obu cement.

emmanuelewumi:
Not that straight forward, they planned raising more money this year but the current realities will make that an impossibility.

emmanuelewumi:
Anything and everything is possible with financial engineering and special corporate situations eg (merger, acquisition, unbundling, spin off, divestment etc) which fundamental analysis, technical analysis and sentimental analysis can't explain with accuracy and certainty the final outcome, the best thing in such situations is to get close to insiders and observe their body language

If the Investors and insiders get it right they can unlock latent wealth, if they get it wrong they will lose funds or are just there

Reason why it is best to consider the worst case scenario as analysed by Cardinal Stone Research

meine:
Anybody Investing in UPDC at this time should do so with insiders knowledge and the very long term in view, You can listen to marketers like this guy here at your own risk.

Here are the Facts.

UPDC made a turnover of N2.3 billion in 2018 and N2.1billion in 2019. Thats a decline. For these Turnover they made a loss of N15.8 billion in 2018 and another loss of N15.1 billion in 2019. I dont have issues with the losses.

Lets assume they didnt make a loss and they were able to convert 50% of their N2.5billion turnover to profit( which is not possible) they would have had an EPS of about 50k with the former 2.5billion shares outstanding. Now with the shares increased to 18 billion units. A feasible EPS from a profit of N1.25 billion is 0.069kobo

Is this scenario above creating wealth for shareholders or making them poorer?. Except this company sells some of its assets, do a share reconstruction or look for other revenue stream i dont see investors here making money soon.

The UACN stool is standing on 3 legs, UPDC is non existent right now,UACN is broken and under repair,UPDCREIT is standing well but not liquid. Do your calculations,know your appetite for risk taking and make an informed decision.

handsomebolanle:
Someone should kindly explain this in layman's term. Thanks

Uchetoba:
SOME REASONS UACN & UPDC HAVE TO DO THE UNBUNDLING PROJECT.

1. To save the conglomerate (UACN) from being dragged any further into losses by UPDC.

2. To enable UPDC steer out of the loss making territory and back to profitability by reducing their debts to a serviceable level.

3. To creat more value for the investors of of UACN & UPDC so that the:
(a) Investors of UACN will now have direct investments in and be receiving dividend (whenever they are declared) directly from UACN, UPDC, & UPDC REIT.
(b) Investors of UPDC will now have direct investments in and be receiving dividend (whenever they are declared) directly from UPDC & UPDC REIT.

Uchetoba:
UACN SETS JULY 2020 TIME FRAME FOR THE COMPLETION OF THE UNBUNDLING PROJECT.

Uchetoba:
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL8N2CP972

https://www.google.com/amp/s/thenationonlineng.net/uac-sets-july-date-to-divest-from-updc/amp/

https://www.thebizhub.ng/2020/05/11/uac-sets-july-date-to-divest-from-updc/

Uchetoba:
Some Ogas right from the days of SMN admonished us to always buy things that if they don't poo they will vomit. But UACN right now is one outstanding stock that within the next 4 months, will poo, Vomit, pea 2 times and mess 2 times.

Where to poo = capital appreciation
Vomit = dividend from UACN
Pea 2x = the unbundling of UPDC & UPDCREIT
Mess 2x = Final dividend and interim dividend from UPDCREIT.
All these to happen in 4 months.
Be wise don't be left out.

talk2me2:
One of the secrets of the Billionaires that kept them getting richer is that
They invest in opportunities with limited risk and huge potential returns.

talk2me2:
Guy I from the very moment I saw this your post I quickly moved into research about UACN. Here are my findings:

UACN has 2,881,296,580 ordinary shares of 50k each.
UPDC has 18.462billion ordinary shares of 50k each after the right issue.
Accordig to reuters.com UACN now own 93.9% or 17.34 billion shares of UPDC. When UACN unbundles UPDC, the 17.34B shares will be alloted pro rata to the shareholders of uacn i.e 17.34b ÷ 2.88b = 6 shares of updc for 1 share of uacn held.

In addition, UPDCREIT has 2,668,269,500 units of N10 each.
UPDC own 61.5 % or 1,640,985,742 units of UPDCREIT.
And uacn own 93.9% or 1,540,885,611 units of updcreit.
the pro rata means 1.54b ÷ 2.88b = 0.53 unit for 1 share of uacn held. Now let's multiply 0.53 by 2 = 1.06 or 1 unit of updcreit for ever 2 shares of uacn.

SUMMARY
THEREFORE, FOR EVERY TWO SHARES OF UACN THAT SHAREHOLDER HAD THEY WILL RECEIVE ONE UNIT OF 10 NAIRA EACH OF UPDCREIT AND TWELVE SHARES OF UPDC AS BONUS SHARES.

OGA YOUR HEAD IS CORRECT.

I have already made UACN the 65 % of my portfolio, hoping to add more before the unbundlings finally take place in July.

We are making alot of money this year.

Uchetoba:
SOME BENEFITS OF BUYING UACN NOW.

Assuming one buys 1million shares of UACN @ N9, the total cost will be N9,000,000 + N180,000 (max. Comm.) = N9,180,000.

After the Unbundling of UPDC & UPDC REIT, the person will have
6,000,000 shares of UPDC x N0.80 = 4,800,000
500,000 shares of UPDC REIT x N3.5 = 1,750,000
1,000,000 shares of UACN X N9 = N9,000,000

When you add them together = N15,550,000.

Just from the unbundling alone I did not add the dividend that will come from UACN, the final and the interim dividend that is yet to be declared by UPDC REIT. Neither did I put into consideration the Capital Appreciations that will follow UACN & UPDC REIT before and after the unbundling.

All these benefits just within the next 4 months.

A Stitching Time Saves Nine

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

meine:
Anyone Planning to Trade in UACN because of the sweet talks on this thread should be very careful. The Stock is currently on full offer with zero bid and that is bizarre. Of what use is a stock that can fetch you 1000% but can also become illiquid despite the promises of huge returns coming soon? Apart from UPDCREIT in that group, UACN and UPDC are far from making tangible profit to sustain current prices. Never trade on hope, trade with fact and you wont cry.

Uchetoba:
SOME BENEFITS OF BUYING UACN NOW.

Assuming one buys 1million shares of UACN @ N9, the total cost will be N9,000,000 + N180,000 (max. Comm.) = N9,180,000.

After the Unbundling of UPDC & UPDC REIT, the person will have
6,000,000 shares of UPDC x N0.80 = 4,800,000
500,000 shares of UPDC REIT x N3.5 = 1,750,000
1,000,000 shares of UACN X N9 = N9,000,000

When you add them together = N15,550,000.

Just from the unbundling alone I did not add the dividend that will come from UACN, the final and the interim dividend that is yet to be declared by UPDC REIT. Neither did I put into consideration the Capital Appreciations that will follow UACN & UPDC REIT before and after the unbundling.

All these benefits just within the next 4 months.

A Stitching Time Saves Nine

stcool:
Peter and Co...taking off to lock profit

stcool:
Peter and Co...taking off to lock profit