BullBearMkt:

...enjoy your loots! Nice call.

BullBearMkt:

...enjoy your loots! Nice call.

rebekah2011:
My Oga Valueinvestor, I am constrained to suspect that your phone has been hacked, Unity Bank that should not even be operating again.

onegentleguy:


Imagine someone asserting that UNITY bank could pay a dividend in the near term and even comparing it to WEMA !! ...a bank(WEMA) that performed even better than a few banks(including one 1st tier bank) in one of its KEY efficiency line.
Pls lets always remember that someone, somewhere, might innocently act on what we put out here, so it's important to always season our post with FACTS.

Looking @ the coys spate of financial print, UNITY should've long been a distressed entity !!

1st off, the banks OHLSONS O-SCORE shows that there is an extremely high risk of default(distress risk in view)
...current score shows that the bank should have gone under.
Infact, JAPAUL(@ its current state) and the 'late' SKYE BANK(before it was bridged) are better off than UNITY.
I dare say that if UNITY is still in existence, then SKYE should 'naturally' not have been bridged !!

Again the coys ALTMAN Z-SCORE points to a high credit risk weighting with a wide negative value drive behind the current price.
The only reason why this bank haven't gone into extinction is probably because of the influence of what I call the political gladiators(mainly from the north) behind it.
Perhaps the bank is used as a medium to 'play out and achieve other things' for them.
The other day, I saw what looked like an abandoned mosque as a branch of the bank in one of the highbrow areas of the city of PH.

Now let me reveal a few shocking lines from their last financial print(Q3 in view)

...a brief;

Assuming a run rate of their reported PAT(approx N1.48B) is grown by that margin YoY, it will take the bank near 23 yrs to offset its RE position and start issuing a dividend.
...and assuming the same run rate(pat growth) is maintained and a share reorganization exercise(similar to the WEMA style) is carried out, then it will take the bank over 8 yrs to pay a dividend !!
So perhaps the expectation of a dividend(as cashflow reward) should be for one's kids should they decide to align with UNITY as a dividend growth stock now.

Again the liabilities line shows that UNITY is on a life line.
When u see issued debt/borrowed fund and inter bank debt growing @ 5x and over 2x the rate from that of deposit pool, it describes a grossly distressed bank !!
It's clear that the CBN is...
It also clearly looks like when u do some math(add and subtract a few figures), u'll get an interpretative line that highlights the high risk of even banking with UNITY.(deposit pool in view)
The interpretation of this is that it's even dangerous to associate with UNITY as a cus*****, much less the situation as a shareholder !!

Elsewhere, the anatomy of the banks cashflow statement shows a 'messed up' entity.
Wouldn't want to say much so I wouldn't appear to be demarketing the bank... but there are quite a few very worrying RED FLAGS.
The only possibility of a swift turnaround would be if an investor comes in to pick up the 'carcasses' and bail out the bank.

Bottom line: UNITY should be avoided !!
While u might probably make money speculating on it, u could possibly lose more !!
Remember;

"When a company within the stock market wants to quickly dispose of 'a building without a foundation', it auctions it to a SPECULATOR.
An INVESTOR stays far away... a TRADER watches on... but it is the SPECULATOR who eventually buys the auction."
~Sinclair

"The danger with SPECULATING in the stock market is that it is an adversary to any clear Investing STRATEGY.
...and often times, 'it is neither here nor there'
With 90% of the act, it is just like attempting to invent an idea that is already obsolete."
~Sinclair

NOTE: NOT a recommendation. When in doubt, do well to seek the services of a reputable investment manager for advise.
My advise: Just follow ur instinct.

meshpips:


Show me just one person on this thread that gave the buy call on ACCESS before I did.

My trade recommendation on that stock was given openly on this thread and suffered almost zero draw down.

If you can't give more precise entries that my VAP model, then you stand in no place to try to correct my model.

You should in actual fact respect the fact that the model is better than yours then seek how you can learn it before attempting to correct anything about it.

As it stands right now sir, you do not know a single thing about what I do so quit trying to correct what you do not know.

stokfrick:


Bullbearmkt, pls which broker do you use for oil and forex?
Abeg help your boy sir.

TraDeRR:


I learned from the best May The Lord bless you and keep you sir, may He make His face shine upon you.
I say a BIG thank you to you and for being soo selfless..

onegentleguy:



U can relate the parts in bold with ur post and mine from a few weeks ago.
Might not be a bad idea to gradually start accumulating @ below the N5 closing price of yesterday.
Inherent RISK is gradually been 'swallowed' by feasible REWARD.

NOTE: Due diligence still applies.

rebekah2011:
The quick the partnership with Wilmar returns good profit soon, the motivation for them to delist. The FMCG sector is really a low margin business and the weak consumer spending power has further affected them.

BullBearMkt:

...FXCM

stokfrick:


Pls are they in Nigeria?
How did you fund your account? Dollars or naira?

DeRuggedProf:

It is well !!

currentprice:
EKUU BULL o

keep enjoyin bull while mr president abroad

yom2:
oga u can do well as financial analyst for CNN and channels TV so that we can feel u wella

onegentleguy:


Imagine someone asserting that UNITY bank could pay a dividend in the near term and even comparing it to WEMA !! ...a bank(WEMA) that performed even better than a few banks(including one 1st tier bank) in one of its KEY efficiency line.
Pls lets always remember that someone, somewhere, might innocently act on what we put out here, so it's important to always season our post with FACTS.

Looking at the coys spate of financial print, UNITY should've long been a distressed entity !!

1st off, the banks OHLSONS O-SCORE shows that there is an extremely high risk of default(distress risk in view)
...current score shows that the bank should have gone under.
Infact, JAPAUL(@ its current state) and the 'late' SKYE BANK(before it was bridged) are better off than UNITY.
I dare say that if UNITY is still in existence, then SKYE should 'naturally' not have been bridged !!

Again the coys ALTMAN Z-SCORE points to a high credit risk weighting with a wide negative value drive behind the current price.
The only reason why this bank haven't gone into extinction is probably because of the influence of what I call the political gladiators(mainly from the north) behind it.
Perhaps the bank is used as a medium to 'play out and achieve other things' for them.
The other day, I saw what looked like an abandoned mosque as a branch of the bank in one of the highbrow areas of the city of PH. ...and further checks after going in(a sought of fact behind the figures) paints a perturbing situation.

Now let me reveal a few shocking lines from their last financial print(Q3 in view)

...a brief;

Assuming a run rate of their reported PAT(approx N1.48B) is grown by that margin YoY, it will take the bank near 23 yrs to offset its RE position and start issuing a dividend.
...and assuming the same run rate(pat growth) is maintained and a share reorganization exercise(similar to the WEMA style) is carried out, then it will take the bank over 8 yrs to pay a dividend !!
So perhaps the expectation of a dividend(as cashflow reward) should be for one's kids should they decide to align with UNITY as a dividend growth stock now.

Again the liabilities line shows that UNITY is on a life line.
When u see issued debt/borrowed fund and inter bank debt growing @ 5x and over 2x the rate from that of deposit pool, it describes a grossly distressed bank !!
It's clear that the CBN is...
It also clearly looks like when u do some math(add and subtract a few figures), u'll get an interpretative line that highlights the high risk of even banking with UNITY.(deposit pool in view)
The interpretation of this is that it's even dangerous to associate with UNITY as a cus*****, much less the situation as a shareholder !!

Elsewhere, the anatomy of the banks cashflow statement shows a 'messed up' entity.
Wouldn't want to say much so I wouldn't appear to be demarketing the bank... but there are quite a few very worrying RED FLAGS.
The only possibility of a swift turnaround would be if an investor comes in to pick up the 'carcasses' and bail out the bank.
I think the bank should look to temporarily give up on its national banking licence and adopt a regional banking one as a way of optimizing(cutting) cost. ...and then reorganize and restrategize on their target market to begin a fresh growth from the grassroot.
Kind of adopt the WEMA approach.
Along that line, Management must have to be very efficient(with been innovative) if they truly desire any meaningful turnaround !!

Bottom line: UNITY should be avoided !!
While u might probably make money speculating on it, u could possibly lose more !!
Remember;

"When a company within the stock market wants to quickly dispose of 'a building without a foundation', it auctions it to a SPECULATOR.
An INVESTOR stays far away... a TRADER watches on... but it is the SPECULATOR who eventually buys the auction."
~Sinclair

"The danger with SPECULATING in the stock market is that it is an adversary to any clear Investing STRATEGY.
...and often times, 'it is neither here nor there'
With 90% of the act, it is just like attempting to invent an idea that is already obsolete."
~Sinclair

NOTE: NOT a recommendation. When in doubt, do well to seek the services of a reputable investment manager for advise.
My advise: Just follow ur instinct.

rationalmind:
I don't need to log on to the exchange to know what's going on. The number of comments on this thread tells me all I need to know

yom2:
oga u can do well as financial analyst for CNN and channels TV so that we can feel u wella

rationalmind:
I don't need to log on to the exchange to know what's going on. The number of comments on this thread tells me all I need to know

DeRuggedProf:



Elijah is dealing with the prophets of Baal.....

DeRuggedProf:


Hope you paid 7.5% VAT for this thesis.....
I will soon report you to Edward Altman.
Why try to test the bankruptcy status of OUR bank....

Infinitisi:
If this upward trend in prices is maintained, those trapped in dead stocks should be on the lookout for opportunities to exit.

You don't have to wait till you break even. Before prices reach that point they may plummet again and you are back to ground zero.

mendes911:


Bull go fetch water yesterday but Oracle talk say e dey return today.

mendes911:


Bull go fetch water yesterday but Oracle talk say e dey return today.

rebekah2011:
AMCON is the largest shareholder. AMCON = FGN = CBN. The day CBN will pull the rug off remaining retail investors. God willing we will be here.

DeRuggedProf:


He said 'TOMORROW'....

rationalmind:


If that were true, I should have 7 pages of comments to read by now

DeRuggedProf:


Hope you paid 7.5% VAT for this thesis.....
I will soon report you to Edward Altman.
Why try to test the bankruptcy status of OUR bank....

PETERiCHY:


Something FISHY is already going on in ZENITH BANK.

The flight is overloaded and some passenger ought to disembark before TAKE OFF else it will CRASH LAND.

More REASON it will still TAX @ circa N16 to drop some excess luggage.

I don't see it fully partake in the much anticipated BULL RUN. For now it will ONLY favor those that can TRADE the SWINGS.

That's why we termed it a SHORT TERM PLAY......TAKE IT or LEAVE IT!

*ThE OcToPuS*