My crystal ball tells me DangCem would fall further before any rise, could this be true?

Bomboclad:
My crystal ball tells me DangCem would fall further before any rise, could this be true?

...Jeremiah, what seest thou? And I said, I see a rod of an almond tree.
Then said the LORD unto me, Thou hast well seen: for I will hasten my word to perform it........


Cc:VCV

DeRuggedProf:



...Jeremiah, what seest thou? And I said, I see a rod of an almond tree.
Then said the LORD unto me, Thou hast well seen: for I will hasten my word to perform it........


Cc:VCV

Mcy56:
UACN seems to have strong support at 8.45/8.50 now for whosoever is interested ................
If it goes South the more dont mention me and if it goes up, you pay me. I no dey monkey hunt.

Some guys defending transcorp by all means. Abeg allow make e fall reach our junction biko, na all of us go enjoy the ride las las.

Pls how was all those uacn volumes traded today, were they all on the floor, were there cross deals?

I was sleeping ...

DeRuggedProf:



...Jeremiah, what seest thou? And I said, I see a rod of an almond tree.
Then said the LORD unto me, Thou hast well seen: for I will hasten my word to perform it........


Cc:VCV

... sure?

Agbalowomeri:
This one wey brent sha wan kiss 50

Kiss abi Na hug? Those 360 degree hug, grabbing both front and back.

Mcy56:
UACN seems to have strong support at 8.45/8.50 now for whosoever is interested ................
If it goes South the more dont mention me and if it goes up, you pay me. I no dey monkey hunt.

Some guys defending transcorp by all means. Abeg allow make e fall reach our junction biko, na all of us go enjoy the ride las las.

Sister mi, I beg watch and pray before you join Transcorp bus o. I am not sure Loco is able to come out yet.

NSE Falls to 5-Week Low as Index Dips Below 28,000
https://businesspost.ng/economy/nse-falls-to-5-week-low-as-index-dips-below-28000/

T-Bills Yields Expand 0.61% as OVN Rate Hits 16%
https://businesspost.ng/economy/t-bills-yields-expand-0-61-as-ovn-rate-hits-16/

Oil Extend Losses over Russia’s Delay on Further Cuts
https://businesspost.ng/economy/oil-extend-losses-over-russias-delay-on-further-cuts/

Stocks on NASD Exchange Record no Price Movement Monday
https://businesspost.ng/economy/stocks-on-nasd-exchange-record-no-price-movement-monday/

Seriously serious this is very bad for the market

Agbalowomeri:
This one wey brent sha wan kiss 50

The money for this year is clearly inside UACN...

Same way DF made people money last year.

Why run around when you can sit in one place, chop and clean mouth.

Stop making brokers rich for no reason.


All things equal...Livestock, UACN, UPDCREIT and UPDC is a buy going forward.

stcool:
The money for this year is clearly inside UACN...

Same way DF made people money last year.

Why run around when you can sit in one place, chop and clean mouth.

Stop making brokers rich for no reason.


All things equal...Livestock, UACN, UPDCREIT and UPDC is a buy going forward.

sellydion:
Seriously serious this is very bad for the market

Ekpoma25:
Why not submit the complain via the whistleblowing portal of NSE.

http://www.nse.com.ng/regulation/market-surveillance/x-whistle-(whistleblowing)

Thank you: @Ekpoma25, @RabbiDoracle, @TLAX, @Agbalowomeri.

This has been resolved. NSE wrote to them and they acted promptly.

Bomboclad:

Jeremiah 1:11-12 Moreover the word of the LORD came unto me, saying, Jeremiah, what seest thou? And I said, I see a rod of an almond tree.
Then said the LORD unto me, Thou hast well seen: for I will hasten my word to perform it.

stcool:
The money for this year is clearly inside UACN...

Same way DF made people money last year.

Why run around when you can sit in one place, chop and clean mouth.

Stop making brokers rich for no reason.


All things equal...Livestock, UACN, UPDCREIT and UPDC is a buy going forward.

Babajide don finish gala business for Lagos with this Keke ban, the gala hustlers have turned to the real stuff.....

DeRuggedProf:


Babajide don finish gala business for Lagos with this Keke ban, the gala hustlers have turned to the real stuff.....

Today that I want to enter UACN una don dey bid am high...I go still buy.

las las its N15-20 stock plus free UPDCREIT and UPDC

jamace:

Lol. The monkey hunters yaff arrive.

STOjo:

Sister mi, I beg watch and pray before you join Transcorp bus o. I am not sure Loco is able to come out yet.

Bros, Loco jumped out sinceeeee.
As for me, I'm just looking for bargain and to enter at convenient junction ni.

Please is 8.7 a good limit price to bid uacn today. Thanks

Normal trading in market with low volume so far.....
Japaul sighted on full bid at 26k
Bids more than offers in all FUGAZ except Access, with investors bidding lower......
.
.
.

Topson88:
Please is 8.7 a good limit price to bid uacn today. Thanks

Even @N10 UACN is still a good buy

Final destination is N15-N20 buy and hold the three companies after split.

That is if we don't go on full bid today...

Topson88:
Please is 8.7 a good limit price to bid uacn today. Thanks

To me 8.50 still looks okay......but it depends on how well you understand what's up with the stock.
This is purely my opinion.
Not heavy bids, no heavy sellers as at now but bids more than offers overall. This doesn't determine anything by the way.

*Updated: there are crossings at 8.80....... the ball is in your court

Not withstanding I am still waiting for bullish divergence

RabbiDoracle:

UACN and ZENITH having some positive divergence..

wetin l sabi sis mcy...

akinssan:
UACN and ZENITH having some positive divergence..
wetin l sabi sis mcy...

Yes. UBA and FBNH also.
Na so Una go dey play and you all Sabi well we'll pass me.

stcool:


Today that I want to enter UACN una don dey bid am high...I go still buy.

las las its N15-20 stock plus free UPDCREIT and UPDC

Are you among the WHOLESELLERS?

DeRuggedProf:


Are you among the WHOLESELLERS?

Sell ke...I am buying for long term.

Mcy56:

To me 8.50 still looks okay......but it depends on how well you understand what's up with the stock.
This is purely my opinion.
Not heavy bids, no heavy sellers as at now but bids more than offers overall. This doesn't determine anything by the way.

*Updated: there are crossings at 8.80....... the ball is in your court

thanks Mercy.

stcool:


Even @N10 UACN is still a good buy

Final destination is N15-N20 buy and hold the three companies after split.

That is if we don't go on full bid today...

thanks stcool

BullBearMkt:
BULLS Are Waiting To Attack Falling NSE Index Soon!

For the last 3 weeks, bears have dominated the stocks on NSE, turning many late entry portfolios into red. The goodnews however is that some bulls are hovering around to attack the bears between 27000 and 27800. We need to see a weekly rejection at these levels before we can conclude that bulls have taken over.

PLAN YOUR TRADES AND TRADE YOUR PLANS

You are about to be vindicated again.

Below is an expose on UACN with FVE placed at N8.96. Any secondary opinion please before I make a decision?

UAC Nigeria released its unaudited result for FY 2019 wherein it reported a profit from continuing operations of N6.1 billion (EPS: N2.14)- coming from its re-stated FY 18 PAT of N5.5 billion (EPS: N1.91). Relative to our estimate, revenue and profit deviated by 0.3% and 1.1% respectively. However, incorporating the loss from discontinued operations takes the earnings position to a loss of N9.3 billion. On its continuing operations, the outturn stemmed from one-off sale of its investment property which helped shoulder the OPEX pressure.

For us, the result further confirm our concerns on increasing OPEX (See our previous report: Old things have passed away…) which is yet to translate into improved sales. For context, operating expense increased by 23% YoY, while sales only increased by 11% YoY over FY 19. While the management has communicated its drive for operational efficiency as its key strategy this year, we are less optimistic of its success this year.
Elevated OPEX trump margin gains. While we have seen a lot of re-structing in UACN which started since last year and partly explains the jump in operating expense – both admin and S& expenses. We believe a 71% YoY (45% QoQ) jump in OPEX to N4.8 billion is unjustified when compared to a 3% YoY growth in sales to N23.4 billion over Q4 19. Though we saw gross margin improve by 311bps YoY to 22.3%, increased operating expense left EBIT lower by 36.5% to N1.15 billion. and EBIT margin compressed by 200bps to 4.9%.

Lower finance income further pressure earnings. Overall, PAT declined by 42.9% YoY to N1.41 billion over Q4 19 with related EPS at N0.49. The bottom line was further pressured by the lower finance income – mirroring the lower cash balance – which offset the gains from lower effective tax rate (-214bps to 9.3%). While we await release of the audited numbers, our last-communicated FVE prints at N8.96 which translates to a SELL recommendation relative to the current market price. UAC trades at a P/E of 4.6x which is a discount to its Bloomberg MENA peer average of 16x.

Make we come Jijo Uacn for 10% 10%