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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11379536 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 1:46pm On Sep 04, 2019 |
Mcy56: Means your dividend mandate processing has been completed. Ready to receive dividend disbursement into your bank account. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 1:47pm On Sep 04, 2019 |
OakPearl:Thanks a lot. |
Re: Nigerian Stock Exchange Market Pick Alerts by swilo: 1:52pm On Sep 04, 2019 |
Mcy56: You got the response already. Cheers! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 2:10pm On Sep 04, 2019 |
PETERiCHY:still picking this stock without fear 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 2:10pm On Sep 04, 2019 |
A SOUTH AFRICAN COMPANY IS BUSY MOPPING UP UACN SUBSIDIARY... MDS LOGISTICS.. # MOP UP UACN https://weetracker.com/2019/08/31/imperial-logistics-invests-mds/ Africa’s leading logistics provider Imperial Logistics Limited has decided to increase its stake in MDS Logistics Limited, a subsidiary of Nigeria’s oldest surviving and largest conglomerate UAC of Nigeria Plc, from 49 to 57 percent. The agreement sees Imperial Logistics get a controlling stake in the company, a transaction for which MDS was valued at USD 40 Mn. In consideration for the extra 8 percent equity stake, the South African firm will transfer selected profitable contracts to MDS and pay the agreed sum in cash, even while the transaction is still subject to relevant regulatory approvals. One of the leading integrated logistics services providers in the West African country, MDS links manufacturers with customers in more than 400 cities and villages across Nigeria via its network of warehousing and distribution assets. The company is a critical supply chain and distribution ally to some of the leading corporate organizations in the country. In a regulatory filing just submitted at the Nigerian Stock Exchange (NSE), Group Managing Director, Fola Aiyesimoju described the transaction as an important milestone for the conglomerate. According to him, the sale is consistent with the company’s strategy of working side by side with partners in empowering best-in-class management teams. UAC and Johannesburg Stock Exchange-listed Imperial Logistics have been partners since 2013 when the first stake acquisition was done, along which line the Nigerian company has been impressed by the latter’s operational excellence in warehousing, distribution, and transport. Imperial Logistics is an African and Eurozone logistics provider of outsourced, integrated freight management, contract logistics, and distributorship. All of its services are customized to ensure the relevance and competitiveness of its clients. The group employs over 25,000 people in 32 countries. Managing Director, MDS Logistics Limited, Taiwo Ajibola, said MDS will remain focused on leveraging its assets, technology, and capabilities to deliver value to its clients. We will continue to benefit from the strengths of our shareholders, Imperial Logistics and UACN”. Chief Executive, African Regions, Imperial Logistics Limited, Johan Truter said working with strong partners is at the core of Imperial Logistics’ strategy as it seeks to expand its businesses across Africa. “We consider Nigeria to be a strategically important market and are excited to continue our partnership with UAC to grow MDS and expand its service offering to clients,” Truter said. Image Courtesy: Moneycontrol |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:19pm On Sep 04, 2019 |
Mcy56: It mean your e-dividend registration is successful. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:24pm On Sep 04, 2019 |
OBAGADAFFI: swilo:Thanks. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:34pm On Sep 04, 2019 |
@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. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:36pm On Sep 04, 2019 |
Mcy56: This reminds me of GSK bonanza dividend. Everyone was holding their GSK tight |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:39pm On Sep 04, 2019 |
OBAGADAFFI: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? |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 2:41pm On Sep 04, 2019 |
Stocks with new 52 week lows Dangote cement #157.70k Fbnh #4.55k Updc REIT #4.90k Ikeja hotels #1.29k Guinness #37.30k 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:42pm On Sep 04, 2019 |
Mcy56: They are already diverting some of the attention to UACN, backdoor Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:43pm On Sep 04, 2019 |
Intendy: Finally some sold enough in Guinness, no be small thing |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:45pm On Sep 04, 2019 |
Agbalowomeri:Don't they want double portion, lol. ![]() .....but the market scared me towards that closing period. Where are those sellers in FBN, Guinness, NB, dangcem coming out from? |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:47pm On Sep 04, 2019 |
Mcy56: Na Xenophobia ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by TLAX: 2:49pm On Sep 04, 2019 |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 2:51pm On Sep 04, 2019 |
Agbalowomeri:Its well o. Let them not spoilt things for us in the market o. |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:51pm On Sep 04, 2019 |
Mcy56: 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. Looking @ the reits nominal makt value, the group's intrinsic value, and both entities present price to possible allotment ratio post unbundling(P/B and OS of both coys in view), its makes 'extraordinary sense' to ACCUMULATE UACN now !! I cant say enough !! |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:52pm On Sep 04, 2019 |
Mcy56: ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 2:55pm On Sep 04, 2019 |
Intendy: 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 |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 3:01pm On Sep 04, 2019 |
onegentleguy:Okay, I didn't see that one. Thank you. |
Re: Nigerian Stock Exchange Market Pick Alerts by OakPearl(m): 3:03pm On Sep 04, 2019 |
OBAGADAFFI: 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. |
Re: Nigerian Stock Exchange Market Pick Alerts by ITSURS: 3:08pm On Sep 04, 2019 |
Today is payment day for Zenith Bank's interim dividend. Is there anybody here who has gotten payment alert? |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 3:12pm On Sep 04, 2019 |
OakPearl: ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 3:13pm On Sep 04, 2019 |
ITSURS: None here. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mohr(m): 3:31pm On Sep 04, 2019 |
Heishere: Heishere: Heishere: OBAGADAFFI: Heishere: |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:32pm On Sep 04, 2019 |
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! 2 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:37pm On Sep 04, 2019 |
PETERiCHY: FO don enter trouble for ya hand ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:39pm On Sep 04, 2019 |
onegentleguy: OakPearl: U are in line with facts my dear. But apart from the RE business arm, the logistic and quick service restaurant segments also recorded profit decline(pat margin). infact, the latter arm has been relatively unprofitable for sometime now. However with the logistic arm(as I did mention in the past), the group now has more leverage(from the recent 8% further divestiture to imperial SA) That would reproduce a win-win situation where imperial logistics(now the major stakeholder with 57% stake) brings its wealth of expertise and market spread(clientele base) to help drive revenue from more sales at lower effective cost. ...which was primarily the drawback to EBIT with the logistic segment as @ H1, 2019. ...while UACN leverages on the $40M float it shall receive to drive operating cashflow and boost earnings. On the restaurant segment of business, I think it would be best for the group to divest from it completely. That arm has been gulping cost(finance) at a faster rate than it delivers revenue and earnings to the group's top line. ...infact H1, 2019 saw it contribute just a meagre 1.7% of sales to the group's total revenue. It would be nice for UACN to sell off and realign their focus to their core areas of strength... mainly Agric feeds, packaged food, paints and to some extent logistics. I however concur that the sale of the RE arm of business is about the BEST STEP in the right direction and the beginning of a better UACN going forward !!(refer to the post above) Regards. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 3:44pm On Sep 04, 2019 |
What we should EXPECT this MONTH SEPTEMBER School fees and XENOPHOBIA reprisal attack on NSE. The only RESPITE will be if FG will release their IMAGINARY N600B to the POWER SECTOR. else Nigeria is heading for a DOUBLE RECESSION! BARGAIN HUNTERS TAKE NOTE! *ThE OcToPuS* 1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 3:47pm On Sep 04, 2019 |
Agbalowomeri:Na retaliation now, when you people were rushing their Mtn at #90 una no know. |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 3:51pm On Sep 04, 2019 |
PETERiCHY: Oga haba e don do na,so person cannot come and invest his/her retirement benefit in FO in peace ![]() |
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