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Uchetoba's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 11:14am On May 12, 2020
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.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 5:43pm On May 11, 2020
Princkez:
Pls when is WAPCO payment date
3rd of June
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 8:41am On May 09, 2020
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 1:55pm On May 04, 2020
debeey87:
None that I know of. Just an observation I feel people should know.
I think they are buying in anticipation for interim dividend again this yr since FO paid interim dividend last yr from their first quarter profit. May they not be disappointed to see loss after tax ...
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 11:30am On May 04, 2020
debeey87:
Ardova has traded with 10% gain in 2 consecutive trading days now. Another 10% might be gained again today
What is the info behind the recent buying intrest in Ardova?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba:
veecovee:
Well, this is ur opinion. However, the average folks here will not take a drunk as serious as they take one with body odour or fufu smell, though they all should be avoided.

FINALLY ON THIS ISSUE, THE BIBLE CALLS EVERY UNRIGHTNESS, "SIN"

John 5:17 King James Version (KJV)
All unrighteousness is sin: ...

The final questions are these: IS IT RIGHT TO SMELL LIKE FUFU, WHEN YOU WOULD HAVE WASHED? IS IT RIGHT TO SMELL LIKE SWEAT WHEN YOU WOULD HAVE BATH OR WASHED YOUR CLOTHES? IS IT RIGHT TO DRINK BEER WHEN RICE, CORN, ETC ALSO CONTAIN ALCOHOL?
And who told you that alcohol drinking is unrightousness. Since you believe that the intake of alcohol is sin and you also know that rice, corn etc contain alcohol, why then did you not stop eating rice and corn ....

I have been able to show you as well as anyone who càres to know that drinking beer or any alcoholic drink is no sin except when you drink them in excess.

Anyway I can see that you are a bigot there is no need speaking more on this topic with you.

Moreover, I am here to discuss stocks or money and not alcohol.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 12:16pm On Apr 29, 2020
veecovee:
Thank God for this last statement from Eph.5:18 : but be filled with holyghost

Besides, I thought you would have answered that my question which asked how you would feel if I come preaching to you and at the same time smelling like beer. Remember that all Christians were called to preach, when the Lord said "go ye into the world and preach the gospel" and the Bible also said "preach in season and out of season" which means you can preach anywhere when ever the need comes. What would you do if the need to preach arises when you just took a bottle of beer?

EATING MEAT IS NOT WRONG AT ALL, YET BELOW IS WHAT OUR BROTHER SAID ABOUT IT IN THE BIBLE, ... HOW MUCH MORE DO YOU THINK WE SHOULD AVOID ALCOHOL?

1 Corinthians 8:13 KJV
“Wherefore, if meat make my brother to offend, I will eat no flesh while the world standeth, lest I make my brother to offend.”
I actually consider that question irrelevant. But since you really need an answer, here is it:

The way I will feel about a preacher that come preach me with the smells of alcohol is the same way I will feel if that preacher comes to me the smells of fufu or body odour.

Again the 1Corinthians 8 : 13 that you quoted shows also that it is not a sin to drink alcohol but you chose to avoid it bc of what orders may say.

If you had read the Romans 14 that I recommended you would have seen the you are not suppose to call orders sinners just bc they eat what you do not eat.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 9:07pm On Apr 28, 2020
http://www.nse.com.ng/Financial_NewsDocs/29805_JULIUS_BERGER_NIG._PLC._FINANCIAL_STATEMENTS_APRIL_2020.pdf

Very good start for the year 2020.

EPS growth over 200%

http://www.nse.com.ng/Financial_NewsDocs/29800_JULIUS_BERGER_NIG._PLC._CORPORATE_ACTIONS_APRIL_2020.pdf

As for the reduction in the dividend it is understandable nobody is sure of what the future holds for the rest of the yr. But nothing in the revised corporate action/statement suggest that their result will not be good for the full yr 2020.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 8:20pm On Apr 28, 2020
ExLaidback:
Na WA o. Those who've not gotten FBNH alert should gather here so we know ourselves.

If it's to collect all those praises back, make we know.
If your edividend mandate has already been approved and you are using access bank you may check your email for the alert. I am yet to receive the sms alert but I have already transferred the fund to my investment account I will to invest it tomorrow.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 7:40pm On Apr 28, 2020
veecovee:
This is also new testament

Ephesians 5:18 New International Version
Do not get drunk on wine, which leads to debauchery. Instead, be filled with the Spirit,

THIS PLACE IS ENCOURAGING US TO BE FILLED WITH HOLYSPIRIT, ... NOT THOSE SPIRITS IN BOTTLES AND CANS.

Besides, the place you quote above just said food and drink, ... kunu, zobo, fruit juice, malt, fanta, etc. are also drinks.

JUST IMAGINE HOW YOU WOULD FEEL IF A PREACHER APPROACHS YOU, WITH THE SMELL OF ALCOHOL ...
Why do you prefer to decieve yourself. Do people judge you for drinking fanta or pepsi? The missguided christians will naturally begin to see you as a sinner the moment they see you driking alcoholic drink. So when Paul wrote to Colossians that they should not allow themselves to be judge because of drinks he was referring to alcoholic drinks.

Ephesians 5 : 18 (KJV)

And be not drunk with wine, wherein is excess; but be filled with the Holy Spirit;

Comment: This even made it clear that the Holy Bible is not against drinking of alcohol, but drinking in excess.

So Victor I want to encourage you to learn how to use the Holy Bible to free yourself from bondage and stop putting yourself in bondage with the Bible.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 12:25pm On Apr 28, 2020
veecovee:
Proverbs 31:4-6 King James Version (KJV)
It is not for kings, O Lemuel, it is not for kings to drink wine; nor for princes strong drink: Lest they drink, and forget the law, and pervert the judgment of any of the afflicted. Give strong drink unto him that is ready to perish, ...

Revelation 1:5-6 King James Version (KJV)
And from Jesus Christ, who ... hath made us kings and priests unto God and his Father; to him be glory and dominion for ever and ever. Amen.

GOD BLESS YOU FOR QUITTING ALCOHOL
You need to look at verses 6 and 7 because they go together.

Proverbs 31 : 6-7(KJV)
Give strong drink unto him that is ready to perish, and wine unto those that be of heavy hearts.

Let him drink, and forget his poverty, and remember his misery no more.

Comment: Now that is the only scripture that support the excess drinking on one condition (to stop them from harming themselves).

Look at this too.

Colossians 2:16-17
Let no man therefore Judge you in meat, or in drink, or in respect of an holyday, or of the new moon, or of sabbath days:

Which are a shadow of things to come; but the body is of Christ.

You may also have to read Romans chapter 14 for more undestanding.

Comment: Christians should learn to take the new testament more seriousely than the old testament, because the new testament is the actual bible that is given to us (the christians) and not the old testament.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 12:13am On Apr 28, 2020
veecovee:
Yes smiley as Bible sees drinking beer as sin, part taking in dividends or price appreciation from beer company is also sin
Where is it writen in the bible that drinking bear is sin? Better free yourself.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 7:44pm On Apr 16, 2020
Uchetoba:
Covid-19: Why is it that nobody has recovered in Britain?
Over 100k case, Over 13k death and 0 Recovery.
Why is their own case so different?
thesilentone:
Most of us are recovering at home. Once you ring 111 and share your symptoms, you will be asked to isolate including everyone who lives with you for 14 days. Unfortunately, some recoveries have taken a full month without having to go to the hospital. The recovery information is not reported.
seyisanya:
Firstly, their prime minister recovered and it made headlines. The thing is if your country does not provide figures for regular updates, it will be recorded as N/A.
DrAwo:
In UK, the test is only done to make the diagnosis. They don't repeat the test after symptoms resolve to declare the person negative.

So there's only the data for diagnosis and none for recovery...

Guess it's in a bid to ensure the testing capacity available is deployed in the most judicious way...
Now I see it is over sabi that is worring Britons. They do not want the rest of the world to rate their ability to handle the virus.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 4:13pm On Apr 16, 2020
Covid-19: Why is it that nobody has recovered in Britain?
Over 100k case, Over 13k death and 0 Recovery.
Why is their own case so different?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 10:04am On Apr 16, 2020
OBAGADAFFI:
That's was why I need the clarification for Oga emmanuelewumi.


But since he said " YES" I will take it like that, until further information.
It is the board members and key management staff not every staff.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 10:01am On Apr 16, 2020
Mills55:
*Now trending on Nairametrics.com*


Vitafoam Nigeria Plc announces closed period for Q1 2020 result
https://nairametrics.com/2020/04/15/vitafoam-nigeria-plc-announces-closed-period-for-q1-2020-result/
It is the H1 or Q2 not Q1
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba:
DrAwo:
While doing some research, I came across an article and this is an excerpt from the article

"Note that there are three categories of quoted companies, high-priced, medium-priced and low-priced stocks, based on their market price.

High-priced: These are stocks that are priced at N100 per share or above for at least four of the last six trading months. Also, high-priced stocks can be new security listings that are priced at N100 or above at the time of listing on NSE.

Medium-priced: If a stock trades for at least four of the last six months at N5 to N100 per share, it is classified as medium-priced. Also, medium-priced stocks can be new security listings that are priced between N5 and N100 at the time of listing on NSE.

Low-priced: When a stock trades between one kobo and N5 for at least four of the last six months, they are called low-priced. Also, if new security listings are priced at one kobo per share or below N5 per share at the time of listing on the Exchange, they are categorised as low-priced. This is where majority of the stocks on NSE falls.

For Red Star Express to make it back to the medium-priced category, stockbrokers would need 100,000 shares to change the share price as against 50,000 shares needed for price change as a medium-priced stock.

Meanwhile, stocks under High-priced category only need a minimum of 10,000 units to have a price change."

If this is true, 10,000 units might be enough to move the price of Nestle....

Link to the article
https://nairametrics.com/2019/08/22/red-star-express-in-need-of-cash-months-after-nse-downgrade/
That is old, it is not in use any more. Currently 100,000 shares in single block transaction is required to move any coy listed on NSE. This means that if you place an offer of 100k shares of Nestle for example at market price and the offer match with two bids of 99k unit and 1k units, the price will still not move. But if you 100k units match with a 100k unit single bid set at a different price from the opening price for that day then the price will move.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 10:39am On Apr 06, 2020
DrAwo:
To every action, there is an equal and opposite reaction...

If the majority shareholder decide to push millions of units onto the floor of the market, they can as well force the price down and pay peanuts to buy out the minority share holders...

It can work both ways you know...
They told us to decide how much we want to be paid.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 9:52am On Apr 06, 2020
http://www.nse.com.ng/Issuers-section/listed-securities/company-details?symbol=MOBIL
Mobil/11 plc gave us an open cheque now we are shy to write enough money on it, Yet the goal most nse investors is to make too much money.

Mobil told us that we have from 3rd of March to 3rd of June to decide what the payoff that they will offer to us the minority investors at the AGM which will hold on 3rd of June will be.

The implication of that is that if we allow the price of Mobil to remain at 160.9 till June 3rd, the core investor may come up with a payoff of not more than 250. But if we can pump the price to like 600 or there about for instance, the core investor will like wise come up with a payoff that is above 600.

It is now left for us the minority investors and the market maker to decide what we want. The big payoff or the small payoff? grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 2:04pm On Mar 27, 2020
locodemy:
Optimism suddenly renewed in Wapco.
Is the result out?
Their board meeting is on Monday.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba:
Covid-19: We are not hearing from the Israelites, how are they fearing and what are they doing about this Nje corona?

A lot had been said already about Wapco it is better we wait for their result to come out.

Mean while they say their board meeting is on Monday. I anticipate dividend plus bonus.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 2:52pm On Mar 24, 2020
ZikkyChops:
Just In: China records another outbreak of new Hantavirus
https://dailytimes.ng/2020/03/24/just-in-china-records-another-outbreak-of-new-hantavirus/

*OH LORD SAVE THE WORLD*
If this is true then China should be lock out from the rest of the world.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 6:44pm On Mar 10, 2020
JBERGER Board meeting is tomorrow I anticipate N5 dividend plus bonus shares
grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 10:58am On Mar 06, 2020
emmanuelewumi:
He was referring to Stanbic IBTC Bank
ok
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 10:03am On Mar 06, 2020
Uchetoba:
Zenith
Shares Outstanding 31,396,493,786
Peter take note
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 9:51am On Mar 06, 2020
emmanuelewumi:
Which bank
Zenith
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 1:07am On Mar 06, 2020
nna777:
.

Exactly. It applies to both funds settlement as well as share settlement. T + 3 = 4days. anyone who didn't buy before Wednesday will not qualify for dividend.
If you UCAP tomorrow and sell on Monday you still qualify for the dividend.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 9:15pm On Mar 05, 2020
Calebbold:
FOR PPL HOLDING WAPCO SHARES.... DON'T SELL OH... WATCH THIS INTERVIEW BY THE CEO OF THE COMPANY.

PAY CLOSE ATTENTION FROM 3 MINS.20 SEC... TALKING ABOUT THE FY19 RESULT
Thank You For This Useful Post
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 9:12pm On Mar 05, 2020
PETERiCHY:
Yes that was in 2015 when it sold for N15 and later drop to sub N13 in Jan 2016 before it took off.
I also love their portable OS of 10Billion units
If their OS is 10 billi then with 200 billi PAT, EPS will be N20. Their OS is over 30 Billi
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 8:56pm On Mar 05, 2020
bigjay01:
No chance. I believe you need a T+3 for the shares to settle. If you buy tomorrow, your name would not be on the register as at the COB 2moro.

My humble advice based in the questions you've been asking is to go back to NSE 101. Get the fundamentals of stock investments right before committing a penny.
Oga you are the one that really need that NSE 101 that you are referring

Anybody that buys Ucap tomorrow will qualify for the dividend.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 3:52pm On Mar 04, 2020
2-Year FGN Savings Bond due March 11, 2022: 4.131% per annum
3-Year FGN Savings Bond due March 11, 2023: 5.131% per annum
grin grin grin grin grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Uchetoba: 5:04pm On Mar 02, 2020
Uchetoba:
Breakthrough: Chloroquine phosphate has shown apparent efficacy in treatment of COVID-19 associated pneumonia in clinical studies.

https://www.ncbi.nlm.nih.gov/m/pubmed/32074550/

You can combine it with Lincocin for better result.

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