Mcy56:
"Your account have been mandated" (from registrar) anyone knows what this means?

OakPearl:
Means your dividend mandate processing has been completed.
Ready to receive dividend disbursement into your bank account.

Mcy56:

E-dividend form submitted to registrar. I received that reply from them.

PETERiCHY:


FO now @N15
The chief monkey hunter and his gulllible followers rightnow

Mcy56:
"Your account have been mandated" (from registrar) anyone knows what this means?

OBAGADAFFI:
It mean your e-dividend registration is successful.

swilo:
You got the response already. Cheers!

Mcy56:
@veecovee only 3k units of UAC property sold. You see why the price is not moving despite the full bid. Na stingy people full that stock.

OBAGADAFFI:
The stock remind of GSK bonanza dividend. Everyone was holding their GSK tight

Mcy56:
@veecovee only 3k units of UAC property sold. You see why the price is not moving despite the full bid. Na stingy people full that stock
Make Una beg Pa Emma to help you dey release 100k units daily for the next two weeks.

Intendy:
Stocks with new 52 week lows

Dangote cement #157.70k

Fbnh #4.55k

Updc REIT #4.90k

Ikeja hotels #1.29k

Guinness #37.30k

Agbalowomeri:
They are already diverting some of the attention to UACN, backdoor Lol

Mcy56:

Don't they want double portion, lol.

.....but the market scared me towards that closing period. Where are those sellers in FBN, Guinness, NB coming out from ?

Agbalowomeri:


Finally some sold enough in Guinness, no be small thing

Agbalowomeri:
Na Xenophobia

Mcy56:
@veecovee only 3k units of UAC property sold. You see why the price is not moving despite the full bid. Na stingy people full that stock
Make Una beg Pa Emma to help you dey release 100k units daily for the next two weeks.

Mcy56:

Lol. I'm just wondering if they're comfortable seeing the price at a spot when God don pick their call.
Small time now, their time go pass. Where is the GSK price today?

Intendy:
Stocks with new 52 week lows

Dangote cement #157.70k

Fbnh #4.55k

Updc REIT #4.90k

Ikeja hotels #1.29k

Guinness #37.30k

onegentleguy:
There was a last minute block vol of about 150,000 units... which helped push the price(of updc) to a close of 90k.
That said, the parent company UACN is still a far much preferable choice to VALUE.

OBAGADAFFI:





Consequences of the UAC Unbundling and UPDC Unbundling: If the Rights Issue, UPDC Unbundling and UAC Unbundling are successfully implemented (following the approvals of Regulators and shareholders), it is expected that:

UPDC will no longer own any units in the REIT. UPDC REIT will cease to be an associate company of UPDC
UPDC shareholders will become direct unitholders in the UPDC REIT in addition to their shares in UPDC
UPDC will cease to be a subsidiary of UAC
UAC shareholders will become direct holders of shares in UPDC and units in the UPDC REIT

OakPearl:


Absolutely correct.
The best decision UACN has made is to let go of UPDC.
Out of its 6 revenue segments that includes UPDC, 5 are profit making except UPDC.
A cursory look at the last UACN report indicates that without the loss making real estate arm, UACN would have made a profit of around N3bn!
A sleeping giant is about to be awakened.

ITSURS:
Today is payment day for Zenith Bank's interim dividend. Is there anybody here who has gotten payment alert?

Heishere:


None here.

Heishere:


None here.

Heishere:


None here.

OBAGADAFFI:


Later today I guess

Heishere:


None here.

PETERiCHY:


They CLAIMED to purchased 75% stake at a whopping N66 per share from Ote$ where as in another newspaper publication they were pleading with their shellholders not to sell at subN20.

Last wk they saw their yeye stock was trading at N14 jejely heading to it N6 fairvalue the same set of crooks had emergency meeting and QUICKLY came up with another story of purchasing at N62 and some gullibles are jumping up

Most Nigerian CEO's are nothing but CROOKS,
I only WEEP for uninformed investors

PETERiCHY:


With last week abracadabra FO has succeeded in taken more CAPTIVES on it way to GOLGOTHA like we predicted earlier.

It's now back to N14 region and heading to N6.

BARGAIN HUNTERS TAKE NOTE!

onegentleguy:


A CHOICE BETWEEN UPDC and UACN... part 2

In my view, the move to unbundle or possibly divest from some of its loss-making and not-so-profitable business segments is coming a bit late. ...though better late than never.

Just a few weeks ago, the group(UACN) gave up its majority stake position(51% before then) in their logistic business arm(MDS logistic) to the core investor(imperial logistics). ...taking their total stake to 57% and reducing that of UACN to 43%(an 8% swap).
That arm has witnessed a difficult path to cost optimization(higher CoS) and dwindling revenue, despite the groups effort at curbing down OPEX. Worse still, is that vol has been on the downward trend for some quarters now.
I think it will be best for UACN to consider given up more stake in that arm(logistic) of business to aid leverage.
I also think the quick service restaurant arm of business should be divested from in totality. ...think UACN holds more than a 50% stake therein.

However, the move to give up of its entire stake in UPDC(64.2% as at H1, 2019) is the most STRATEGIC move to growth if u ask me.
The increased revenue witnessed in Q2, 2019 by UPDC is not sustainable. ...especially when u consider the fact that any drive in sales has always been bitten down by high interest payments.

Good a thing, the group(UACN) is gradually recovering its mkt share in the Agric feeds business segment(H1, 2019 in view). ...while the packaged foods(UAC foods) and paint business segments are doing great.

At the current mkt price, I have no doubt in my mind that UACN holds in it, a lot of prospect. ...a lot of inherent VALUE !!

OakPearl:


Absolutely correct.
The best decision UACN has made is to let go of UPDC.
Out of its 6 revenue segments that includes UPDC, 5 are profit making except UPDC.
A cursory look at the last UACN report indicates that without the loss making real estate arm, UACN would have made a profit of around N3bn!
A sleeping giant is about to be awakened.

Agbalowomeri:


Na Xenophobia

PETERiCHY:


With last week abracadabra FO has succeeded in taken more CAPTIVES on it way to GOLGOTHA like we predicted earlier.

It's now back to N14 region and heading to N6.

BARGAIN HUNTERS TAKE NOTE!