aremso:





pls for heaven sake, the forum is not for promotion of tribe or otherwise. In what ways has IG discussion put money in my pocket? please let IG be ooo. Again pls I will not want us run any one down on this forum and I will not support anyone doing that. Pple from core north I believe are on this forum so pls am pleading take IG issues to the platform where politics and tribal issues are being discussed. my 2kobo

Godisfaithful should know better now

Agbalowomeri:


So na aboki make someone talk 'I am constituted authority'?

Aboki is not just the problem but we have so many people who have nothing to contribute to their ward let alone their council in control of this nation. What impact did "I am a constituted authority" in the red chambers before he was voted as governor? Someone said youth should get involve in the politics but will nominate the youth or vote for the youth in primary where we have people like Atiku contesting , Jagaban as godfather ati bebelo?

currentprice:


brov, hope u read where he mention EPS, BOOKVALUE, ROAE etc, meaning he already considered share outstanding

the fact is UBA is a stock to watch. technically it has rejected 10.70 strong support zone on friday. watch uba moving up from tomorrow... though other stock is ready to join the move according to friday trade

OK......watching mode tomorrow....

currentprice:


Godisfaithful should know better now

Okay back to stock mode then...È ma binu oooooo. I'm waiting for the BULL oooooooooooooo

I have decided to sell most of my stocks and hold my money pending when the prices stabilize. I fear the bear still have strength to devour stocks prices for a long period.

currentprice:


brov, hope u read where he mention EPS, BOOKVALUE, ROAE etc, meaning he already considered share outstanding

the fact is UBA is a stock to watch. technically it has rejected 10.70 strong support zone on friday. watch uba moving up from tomorrow... though other stock is ready to join the move according to friday trade

You are right. Even DF rejected it's low to form a doji. I think the bulls are about to surface.

currentprice:


brov, hope u read where he mention EPS, BOOKVALUE, ROAE etc, meaning he already considered share outstanding

the fact is UBA is a stock to watch. technically it has rejected 10.70 strong support zone on friday. watch uba moving up from tomorrow... though other stock is ready to join the move according to friday trade

Perhaps our Pa Aramso forgot about the 1st part in bold.
...It is well !!

onegentleguy:
In the past few weeks, there had been a few calls on the coy UBA from some members here. (my humble self inclusive)
...and so I decided to do a comprehensive analysis on why the stock is a BUY.
This, with respect to its YE 2017 and Q1 2018 results.

A few breakdown;

▪ Strong earnings drive: The bank raked up a 43% and a near 50% in top and bottom line respectively as the drive for earnings and profit diversification particularly from its African subsidiaries begins to yield the much needed fruit.
▪ Stong and robust cost management efficiency: The bank seems to be ahead of the curve with the recent implementation of IFRS 9 by the CBN given that even after a near 12.9% increase in OPEX which had a strain on profit margin, a drop in loan loss charge by over 53% after a loan book clean up, and the compelling of the bank by the CBN to restate their opening equity balance downwards following the adoption of IFRS 9 from Jan 1st 2018, they still managed a solid near 20% position in net profit margin. (...well above the 15% internationally accepted standard).
▪ Gross earnings rose by an approx 18% QoQ 2017/2018, while after tax growth witnessed a near 6.3% improvement.
▪ The bank has consistently maintained a well above average growth in shareholders fund within the last 3 yrs, with an inequality pattern of Y>29.5%<35%. ...where Y is the yield on shareholders fund. In line with this, the fund grew from 448 billion to approx 529.5 billion YoY in 2017.
▪ Along this path, the bank has also seen a 3 yr consecutive growth in EPS from N1.45 to N2.30. ...book value also grew by a whooping approx 92% from N8.05 to N15.48.
▪ As at Q1, the bank is trading at a 0.69k EPS, a slightly above 4.03 price earning and an above average ROAE.
▪ Within the last 3 quarters, the bank has seen a far more greater interest in net inflow of funds with practically zero outflow. ...a few core investors have actually been increasing their stake in the coy.
Looking at the current shareholding structure, the Bank of America merril lynch, STH Ltd and the Bank of New York Mellon, are currently 3 of the biggest FPIs. With the latter 3rd and another core investor, Consolidated trust funds Ltd increasing their stake to 4.4% and 4.7% in that order. The biggest stakeholders are currently Stanbic nominees Nig Ltd and the UBA staff inv trust which holds an 11% and 7.6% stake respectively. There are presently a total of 10 core investors and FPIs with different stakes in the bank.

With a current price earnings ratio of 4.03x, a price to book ratio of 0.71x and book value of approx N15.80, UBA is presently trailing a near 35% margin of safety. (...precisely 34.4% MoS from its intrinsic value).
...this gives a Fair Price of N18.10 based on Q1. ...and therefore presents a juicy 59% discount from Friday's close of N11.35.
UBA is therefore a BUY from my end.

NOTE: This analysis is purely result driven and not any sort of outright recommendation. ...DD still advised as always pls.
My Verdict: Follow ur instinct.

Regards.

Good analysis.. thump up.

Pray for the peace of Jerusalem (Nigeria), they shall prosper that love thee.

Oga Aramco, sorry I mean Pa Aremso, I was just concerned about how these politicians could have relegated themselves to such a level as to publicly ridicule the nation all in the name of disagrement and beefing. We love airing our dirty linen in public. The video is just pathetic and funny at the same time. Anyway it is well.

However, you cant stop me from expressly transmitting my opinion in the language I want in this forum, doing so is tantamount to confusely confusing transmission of my fundamental human rights. ....... Na joke o ........ Back to stock discussion mode

Mcy56:
Pray for the peace of Jerusalem (Nigeria), they shall prosper that love thee.

Oga Aramco, sorry I mean Pa Aremso, I was just concerned about how these politicians could have relegated themselves to such a level as to publicly ridicule the nation all in the name of disagrement and beefing. We love airing our dirty linen in public. The video is just pathetic and funny at the same time. Anyway it is well.

However, you cant stop me from expressly transmitting my opinion in the language I want in this forum, doing so is tantamount to confusely confusing transmission of my fundamental human rights. ....... Na joke o ........ Back to stock discussion mode

whatever........good luck and keep it up

"FOOD 4 THOUGHT"

"When you are 20 to 30 years old, you should follow a good boss and join a good company to learn how to do things properly,"

"When you are 30 to 40 years old, if you want to do something yourself, just do it. You still can afford to lose, to fail," he added.

Soon thereafter, though, Ma recommended that people start prioritizing stability, family and the future generations.

Instead of diving into a hnew field or subject toward the later years in your career, he said,

"when you're 40 to 50 years old, my suggestion is you should do things you are good at."

"When you are 50 to 60 years old, spend time training and developing young people, the next generation," Ma added.

"When you are over 60 years old, you better stay with your grandchildren."- Jack Ma

aremso:




when I started as an amateur investor, I made a lot of mistakes and lost a lot of money but now I will do my own due deligence about any stock I have interest before I commit my hard earned money and since then, I have been winning. Do your findings and research yourself before you venture into any stock. All the stock I bought in 2017 made me bountiful harvests unlike when I was investing blindly even I don't allow my broker to dictate for me , when I saw that the owner of dangote flour sold it then, I sharpra sold mine too and jaaaa as one of the gurus here will say and wen he bought back I came back also and made good money in it. unlike when I just buy and be watching. Ucap another example bot at 2.80, collect .35kobo dividend and sold at 3.75 and jaaaa. though u may not always win but don't totally rely on what people say do your own findings. thank God for technology, you can Google anything even price history of some stocks up to 15- 20yrs period and that can be a guide. I know much about Oil & gas sector and for now am skeptical about investing in oil stock and as such no one can predict to me, I invest when am done with my findings. my 2kobo

May I ask how possible the bolded is...

PETERiCHY:
"FOOD 4 THOUGHT"

"When you are 20 to 30 years old, you should follow a good boss and join a good company to learn how to do things properly,"

"When you are 30 to 40 years old, if you want to do something yourself, just do it. You still can afford to lose, to fail," he added.

Soon thereafter, though, Ma recommended that people start prioritizing stability, family and the future generations.

Instead of diving into a hnew field or subject toward the later years in your career, he said,

"when you're 40 to 50 years old, my suggestion is you should do things you are good at."

"When you are 50 to 60 years old, spend time training and developing young people, the next generation," Ma added.

"When you are over 60 years old, you better stay with your grandchildren."- Jack Ma

Thank you for this excellent post Peter.

Godisfaithful:



Aboki is the major problem of Nigeria. They are really backward except some few people among them...the president is not exempted

SMH...... With this mindset from an exposed individual of your calibre, Nigeria is indeed in big trouble.

Jeez2:


May I ask how possible the bolded is...

was very possible for me cos when I got the news that dangote wants to back out then, I was very much aware of things going on between him and tiger brand so immediately the deal was executed, I told my broker then to sell off all the stocks I have in df. when I heard that he bought back, I bought back and this time, much volumes.

arduino:
SMH...... With this mindset from an exposed individual of your calibre, Nigeria is indeed in big trouble.

The man apologized already. Can we please drop this!
The fact remains that this whole thing concerned the nation as a whole.
Fine, people are making jokes out of it to douse tensions and frustrations but the truth is, its not about a particular tribe.
Someone asked a question in Sunday School about killings in the North, that what are people in other parts of the nation doing about it? That we like to put up this I dont care attitude, it doesnt concern me attitude or that "it doesnt affect my side" kind of attitude but either in the short or long run it affects the country as a whole.
The kind of attitude displayed here by some people. Is NSE not in Nigeria? Anyway, I understand the angle they are coming from and maybe they are not currently in the country but notwithstanding, we shouldnt be non-chalant about some things sometimes.
In essence, let's be remembering this country in prayers either individually or collectively.
God Bless Nigeria!
Let me come and be going.......

Possibility of UBA visiting #10+ tomorrow is very high, it's a good stock but what will push it above #11 is not yet around, I closely monitor the stock through out last week and it was hovering around 11.40/11.60.
It visited #10.65 during the market session on Friday, it was almost standing still @ #10.90, until
MM came in between 2:28 - 2:30 pm to push it up to #11.45 by market closing.

Anticipation of Q2 2018 result release / interim dividend might push the price up, if building up of 2019 election didn't affect the NSE.

In summary, I still see UBA hovering around #10.50/ #11.30 next week. Q2 end June, and companies has up to July ending to release their result.

Chibuking81:
Possibility of UBA visiting #10+ tomorrow is very high, it's a good stock but what will push it above #11 is not yet around, I closely monitor the stock through out last week, it was hovering around 11.40/11.60.
It visited #10.65 during the market session on Friday, it was almost standing still @ #10.90, until
MM came in between 2:28 - 2:30 pm to push it up to #11.45 by market closing.

Anticipation of Q2 2018 result release / interim dividend might push the price up, if building up of 2019 election didn't affect the NSE.

In summary, I still see UBA hovering around #10.50/ #11.30 next week. Q2 end June, and companies has up to July ending to release their result.

I don't like UBA simply because it doesn't move. During the last bull run in January, Uba and access just stood still while others where just moving up. I fear that stock wella.

Mcy56:

The man apologized already. Can we please drop this!
The fact remains that this whole thing concerned the nation as a whole.
Fine, people are making jokes out of it to douse tensions and frustrations but the truth is, its not about a particular tribe.
Someone asked a question in Sunday School about killings in the North, that what are people in other parts of the nation doing about it? That we like to put up this I dont care attitude, it doesnt concern me attitude or that "it doesnt affect my side" kind of attitude but either in the short or long run it affects the country as a whole.
The kind of attitude displayed here by some people. Is NSE not in Nigeria? Anyway, I understand the angle they are coming from and maybe they are not currently in the country but notwithstanding, we shouldnt be non-chalant about some things sometimes.
In essence, let's be remembering this country in prayers either individually or collectively.
God Bless Nigeria!
Let me come and be going.......

Nice message.
Nigeria is for all of us, till it ceased to exist. Serious prayer is seriously needed.
We might think that it doesn't concern us, but remember that heat that come from fire is also disastrous, and when there is fire outbreaks, it affect both those who are in the fire and those outside.
Nigeria is in dear need of God intervention, poverty everywhere, killing everywhere, kidnapping everywhere.

As we discuss Stock market, let us also look at the state of nation, because if our nation goes bad, NSE will also go bad. Economy grow in peaceful environment, not in environmental devastation.

currentprice:


brov, hope u read where he mention EPS, BOOKVALUE, ROAE etc, meaning he already considered share outstanding

the fact is UBA is a stock to watch. technically it has rejected 10.70 strong support zone on friday. watch uba moving up from tomorrow... though other stock is ready to join the move according to friday trade

But it just tested #10.65, and might still visit it again this new week. UBA don't move like other stocks, when you expected it to move, is when it will be slow, but when you least expected, it then move.

aremso:



was very possible for me cos when I got the news that dangote wants to back out then, I was very much aware of things going on between him and tiger brand so immediately the deal was executed, I told my broker then to sell off all the stocks I have in df. when I heard that he bought back, I bought back and this time, much volumes.

Ok

Jeez2:

Ok

Lol.. I like your style, you just say ok as the thing confuse you and you no want more confusion. you are expecting explaining on how he take know the owner set to sell his holding that bring about current sell off but he gave you long time done deal btw dangote and Tiger brand

Chibuking81:

But it just tested #10.65, and might still visit it again this new week. UBA don't move like other stocks, when you expected it to move, is when it will be slow, but when you least expected, it then move.

No doubt UBA is fundamentally sound stock. If I should go by what the chart said on Friday I doubt going back to the 10.60. though Mr mkt have mind of it own but this week candle will gives us clear clue.

cc fxuser
Cc bullbear

Mpeace:
I don't like UBA simply because it doesn't move. During the last bull run in January, Uba and access just stood still while others where just moving up. I fear that stock wella.

No No No.

I think I gain nothimg less 67%, that is even at N10 which I sold. Then it crossed after share buy back.

MSCI ADDITION FOR 18 MAY 2018/GENERAL MARKET COMMENT

MSCI index sold again heavily on Friday 18 May 2018. Heavily affected by the sales were: Access, FBN Holdings, FCMB, GTB, Nestle, OANDO, UBA and ZENITH.

And following the adage, to be forewarned is to before arm. We should know on which of the market to cast our vote for, bears are still likely to be in control for the 1st 2 trading days of the week.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

yok:
MSCI ADDITION FOR 18 MAY 2018/GENERAL MARKET COMMENT

MSCI index sold again heavily on Friday 18 May 2018. Heavily affected by the sales were: Access, FBN Holdings, FCMB, GTB, Nestle, OANDO, UBA and ZENITH.

And following the adage, to be forewarned is to before arm. We should know on which of the market to cast our vote for, bears are still likely to be in control for the 1st 2 trading days of the week.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source.

nice one
dat pic is hilarious .. lollx

Godisfaithful:



Aboki is the major problem of Nigeria. They are really backward except some few people among them...the president is not exempted

thats quite unethical , i think you should see yourself as beneath the man you just slandered for believing the video that was doctored.

Even My 6 years old daughter told me the video is not true.

pasuma:


thats quite unethical , i think you should see yourself as beneath the man you just slandered for believing the video that was doctored.

Even My 6 years old daughter told me the video is not true.

chai! see stones on early monday morning

currentprice:


No doubt UBA is fundamentally sound stock. If I should go by what the chart said on Friday I doubt going back to the 10.60. though Mr mkt have mind of it own but this week candle will gives us clear clue.

cc fxuser
Cc bullbear

...as the NSE Index is collapsing, majority of stocks will also be falling with or without sound fundamentals. However, I noticed that the index is also close to support level, if this level can hold, then a reversal is imminent, otherwise, further fall of most stocks will be witnessed in days to come

Diamond Bank. Our 30m units gang is still there.

BOLDNESS.

.