MeezPat:
Omo, it's on full offer now, no buyer...e b like film...yesterday buyer yapa

Toluway:

My Pastor, but you have been preaching unity Bank hitherto.
The stock will continue to go up. This ground is currently watered. NSEM is moving to establish a higher dialectical level.

yMcy56:

But UNITY is getting attention @1.22......
Any offer brought at that price is picked.....
Just an update from observation. Not any form of advice....

locodemy:


You are trying to learn monkey hunt but you no sabi do am pastor victor.

customstreet:



Yeah. There is a rumor of Acqusition by Providus Bank Plc

locodemy:


Agba can't be Loco and Loco can't be Agba.
I think,concentrate and advertise on what gives me money.

Agbalowomeri:


Baba there is no amount of studying, everything will be like greet until you land on the field of play.
Even at that you will still pay school fees before your eye clear. Especially for those who join and are fortunate to make a huge profit. Caution must be thrown in the air before Monkey hunters like Loco hit you

ololufemi:


Haba na!

You know that the institution depicted by a word on the Nigerian Coat of Arms has a negative shareholder funds situation.

yMcy56:

Lol
The poor too deserve to live...

Currently on full bid @1.12.

UBA presently getting lots of attn in the market....and.....interim is getting close..
UBA used to give much better interim among the fu.ga.z (in terms of price/volume comparison anyway) let's hope this year would be better as well.
* We've done the analysis here in the past.
Followed by ACCESS.
*ZEE and GT got higher marks for final div.

Frangel:
If you mean new investors, at least N250billion would be injected to meet the minimum capital requirement to have a banking licence.

If you mean investors buying existing shares on NGX, the price could go up or down and they earn profits or losses, life goes on. Also, the CBN could take over the bank for persistently having negative shareholders fund, failing to meet the required minimum capital for a bank in Nigeria; shareholders lose their investments.

Mankindman:
Just returning from an ethnocentric ban by a headless, wicked, heartless Nairaland moderator in charge of politics section where I'm a PRO-BATIST.
The sentiment in favour of 🤝 UNITYBNK is being dictated by the common aphorism in stock trading and investing "If the preferable stock with good fundamental is not available, then the available becomes the preferable"
True to this, Nigeria listed companies follow this trend in >75% of cases. A rise in share price of GTCO vs Zenith, chase, rival and drag each other.
ACCESS vs UBA
Fidelity vs FCMB
PZ vs Unilever vs Cadbury
Bua cement vs Wapco
Conoil vs MRS, dragging ETERNA along coz of news on deregulation.
Mansard vs NEM vs CUSTODIAN
Aiico vs Wapic vs other insurance comp.
Guiness vs NB ...in those days, make NB the preferable at index price of N43.9 compared with the former at N77.7, and dz also hold a strong sentiment for International Breweries coz they compete in the same open market and would imminently drag INTBREW in the foreseeable weeks.
Wema vs Sterling are now pair, and the 2 institutions are expected to chase and catch up with each other in the foreseeable future.

Unity vs JAIZBANK....The former is now chasing the latter. Buying unity is purely a sentimental analysis.
People buying UNITYBNK are not doing so coz they believe in sudden turn around of this financial service provider, despite the recent improvement in the company financial reports, rather, the viral news of Tinubull is drawing people near and far to the market.
New entrants tend not to understand TA and FA before investing, while traders that are well positioned (I meant those that bought at sub N0.50k in 2022(October to December) myself inclusive are now using the TINUBULL to cash out and reinvest in dividend paying, and fundamentally sound stocks. This trend will continue until the ongoing and volatile TINUBULL attain an equilibrium.
"Equilibrium is the state in which market supply and demand balance each other, and as a result prices become stable. Generally, an over-supply of goods or services causes prices to go down, which results in higher demand—while an under-supply or shortage causes prices to go up resulting in less demand."
Same investors sentiment is promoting International Breweries, many analysts (both local and international recommend buy) one can follow this if you consider INTBREW as a growth stock that should be in your retirement (pension) portfolio.
At equilibrium, the Euphoria of TINUBULL effect on the capital market and Naira floating would have settled down, and the volatile nature of the Market continues.
Otherwise, investing in UNITYBNK with deficit shareholders fund is a personal choice. There is no pointer that this bank will pay any dividend in the next 4 years except a new investor/s buy the bank and delist it outrightly like the defunct Diamond Bank, then minority shareholders stand to benefit.
Investor sentiments and herds mentality can drive a dead stock to life during a bear or bull.
In sentimental analysis, good news and bad news exert their effects on the market.
Shares outstanding, cash inflows, current liabilities, income, operating deficit or surplus, cash balance , cost of income, share holders fund, PE value and fair value estimate are relegated to secondary indices when sentiment prevails at it's peak. Investors just react to the news, the herds follow.
People should have noticed the sudden activities in Tantalizer, DEAPCAP, and TIP that have been dormant for months.
Only investment naive individuals will venture into these dead stocks.
Still, it is their choice. Perhaps, they are ready to wait for years for the companies to turn around.

To those that commented my post on Total Energies. I wanted to reply earlier, but was banned coz I stand on PBAT mandate.

https://www.reuters.com/business/energy/totalenergies-announces-ntokon-oil-gas-discovery-off-nigeria-2023-06-13/

I only shared the good news for Nigerians, never to convince NGX listed Total Energies downstream equity holders. I know fully well that Total energy exploration & production, and Conoil producing are not listed on NSE....pls take note.
I'm a value investor with sound investment objective of growing my portfolio.
I outperformed all the members of FMAN and their overhyped portfolios(funds manager association of Nigeria). No fund manager beats my portfolio. I do not need to beat my chest coz I know that Jehovah has been so kind to me.
My portfolio is a thing of joy 2me, I can't explain how I defeated Nigeria inflation and Buhari 8 years of relative stagnancy in the capital market . I knew the economy was heading for a doom if the Naira was not floated, hence the last 4 years of Buhari administration offered me buying opportunity in fundamentally sound dividend paying companies.
On paper, We have all lost money 💰 if you divide your portfolio by N465 to a dollar b4 floating and by N680 after floating. however, this is paper loss. Million Naira is still difficult for hard working Nigerians.
The TINUBULL run alone added over N22M profit to my portfolio in 2 weeks as at the last business day of theweek. It is childlish sharing such screenshot. Some will feel intimidated.
One of the op even mentioned that I crawl from the bush. lol
Well, I have been following this thread as a guest since 2015.
I hope to share my experience on how I grew my inflation beating portfolio on an external thread one of this days, albeit as an anonymous.
The essence is not to take such experience to the grave, often mentioned that the richest place in Africa is the graveyard.
Compatriots should share true investment story on this platform in order to encourage others.
Kudos to all compatriots (both new and old)
Stockbull....pls come back
Feelamong....come back
Chibuking......come back
Agbalowomeri....be more active
Pa-emmanuel...be more active
RabbiDoracle...be more active
Yarinya.....come back
Onegentleman ..due respect
Peterichy, The Octopus...be more active.
Dipoolowoo...I miss the investment news link you usually share. Nowadays, I have to visit business post without observing your presence. Hope you haven't JAPA?
https://businesspost.ng/category/general/?amp=1#
So many compatriots that I can't remember their monikers. I extend greeting to you all.
You may not see my post often on this thread, but will share ideas that can benefit new investors once in a while if I don't get banned 😉 by the wicked Nairaland moderators.

IGBA YI A TU WA LARA OOOO.

Frangel:
If you mean new investors, at least N250billion would be injected to meet the minimum capital requirement to have a banking licence.

If you mean investors buying existing shares on NGX, the price could go up or down and they earn profits or losses, life goes on. Also, the CBN could take over the bank for persistently having negative shareholders fund, failing to meet the required minimum capital for a bank in Nigeria; shareholders lose their investments.

Agbalowomeri:


You wey no sabi TA
No go carry missionary money play kalokalo

Geovanni412:


The bank is a political entity

It all depends on IBB's relationship with TInubu

IBB's daughter is a member of the board.

Frangel:
Unity Bank!
I have noticed the recent rally and interest in the price of Unity Bank. 'Newbies', please stay away o. Leave the stock for the 'smart' ones o. They can handle any outcome better. Reminds me of Skye Bank and my loss there (even though Skye was healthier than Unity).

Unity Bank is and has always been around because of other considerations - political, etc. It could not even meet the minimum N25billion capitalisation after the banking consolidation exercise that year. Now, it has been on NEGATIVE 'capital' for some years.

emmanuelewumi:
I know we have a lot of traders on NSEMPA who don't consider the fundamentals and the business behind the stock


If you have Unity Bank, you need to have a rethink. The bank had negative shareholders fund of over N100 billion about 2 years ago

The bank enjoyed certain privileges in the past, I am not sure if the new Sheriff in town and the new CBN governor will continue with this subsidy.


My opinion though

Boshins:
I'm yet to understand the mystery force behind unity Bank..

PETERiCHY:
TESTIMONY TIME.

This my best year in 23ys of stock investment, All glory to the Almighty GOD for his mercies endures forever.


*ThE OcToPuS*

Yoast:
Throwback!!!!

Are we experiencing the Bull from Burundi as predicted by Oracle in early 2022 with the following price projections? Perhaps the prediction was right except the timing

Krisuba:
Just grinning from head to toe. If I decide to sell now, I Kno how much profit. And somebody want me to stay away from d market. I die inside.

yMcy56:

Not hiding it Pastor.
I've been mentioning it before it started moving......
Just not mentioning it now so it doesn't look like monkey hunting.

Btw, @thesilentone banned again by b.o.t. Sorry o.

megawealth01:


Jegede plc

naturalflow:
Japualgold on full bid @44kobo.How long will it last?I don't know.

emmanuelewumi:
FSDH accepts shares as collateral but you must by shares with the loan.


Meristem Finance a subsidiary of Meristem Securities accept shares as collateral, you can buy shares or use the fund for business / personal use


Orange One Finance a subsidiary Investment One Stockbrokers accept shares as collateral, which you can use to buy shares or also use for business/personal use.


UC Plus Advance limited a subsidiary of United Capital accepts FGN bonds and United Capital mutual funds as collateral. You can use the loan for business or personal use