DOLLARTEX:
Ucap gaining some attention lately.

That stock is a good candidate for 5% gains but volume is a problem....

RabbiDoracle:


It is now cheaper after IPO.
Cc Chibuking

How much was the ipo please?

I think 90 naira

Toluway:

How much was the ipo please?

[quote author=RabbiDoracle post=85047498]

UACN will fall to 7 or below.

Buyers beware.

strong support @8 and above. It has lost only 20k since last week when it closed @8.90.

The days of @7& 6 is over.

edited

Toluway:

How much was the ipo please?

After the IPO, price shot up to 150+

People called it manipulation. That the holders are hoarding and that was why price went high after IPO.

Oya nauw, see the price.

mendes911:


You want to join me and face the wrath of Peter?

I'm only saying what I am seeing o.

Mpeace:
The way UPDC reit dey fall... Make I no talk before them carry soldier come meet me.

Meanwhile, deruggedpfrof has been very conspicuous in his absence.
Hope all is well?

It's expected since UACN is unbundling. Every coy for himself.

RabbiDoracle:


After the IPO, price shot up to 150+

People called it manipulation. That the holders are hoarding and that was why price went high after IPO.

Oya nauw, see the price.

This is serious! Powerful mtn. May be they want the rest of us to board the train now. For the deep pockets. Because many of us are heavily loaded already.

Mcy56:

Lol. Greif 'grief-ing' its shell holders.

You got the joke.

Mpeace:
The way UPDC reit dey fall... Make I no talk before them carry soldier come meet me.

Meanwhile, deruggedpfrof has been very conspicuous in his absence.
Hope all is well?

The lower it drops, the higher the dividend yield.

MTN that some analysts are seeing at N180.

Toluway:

This is serious! Powerful mtn. May be they want the rest of us to board the train now. For the deep pockets. Because many of us are heavily loaded already.

currentprice:


Lol.... some pple blood rise when they cant buy at N135 then

_{^{Oga scool how far na}}



some of us saw this coming
VV
V

@CP. Where art thou?

Stock with new 52 week lows
Updc REIT #3.30k
Stock with new 52 week highs
Ag leventis #0.50k

OakPearl:


The lower it drops, the higher the dividend yield.

Currently giving a dividend yield of 17.3%

The challenge I have is that the interest income will be badly affected going into the year 2020 if the CBN continues with the madness playing out in the fixed income space. It is good for serious accumulation.
http://www.nse.com.ng/Financial_NewsDocs/28010_UPDC_REIT_-_Q3_RETURNS_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

emmanuelewumi:




Currently giving a dividend yield of 17.3%

2019 YEAR END – FORECAST RESULT FOR VITAFOAM/COMMENT ON CLOSE OF MARKET 19 DECEMBER 2019
From our newsletter this is our forecast for the result expected from Vitafoam, the actual result will be released soon and we can use it to assess how close is the actual result to the recent trend on which our forecast is based.

Market closing on the bearish side today has send caution to the market, I will not like to be an aggressive buyer in this market except I seen an exceptionally cheap stock as per my technical indicators/fibNodes.

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. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget
[/url]

RabbiDoracle:


I'm only saying what I am seeing o.

Oga Oracle. I think I was a bit hasty to conclude without hearing what you're seeing. so can you please share with us what you are seeing (Is it FA, TA, macro or 3 of then together?)

From my own end, what I see is that volume has been reducing since last week since volume precedes momentum, so it's likely to shed some kobos till its support @8. This will likely increase volume.

I expect your feedback

rebekah2011:
The challenge I have is that the interest income will be badly affected going into the year 2020 if the CBN continues with the madness playing out in the fixed income space. It is good for serious accumulation.
http://www.nse.com.ng/Financial_NewsDocs/28010_UPDC_REIT_-_Q3_RETURNS_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

The effect will be felt in 2020.

They have over N5 billion in Treasury Bill and FG Bonds, they can diversify the funds into real estate especially hostels when the money market investment matures. They planned having a hostel at Lagos Business School

rebekah2011:
The challenge I have is that the interest income will be badly affected going into the year 2020 if the CBN continues with the madness playing out in the fixed income space. It is good for serious accumulation.
http://www.nse.com.ng/Financial_NewsDocs/28010_UPDC_REIT_-_Q3_RETURNS_FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

If you accumulate UACN, you will get pro rate approx 100:60:30 where 100 represents as example (100,000 units of UACN , 60,000 UPDC & 30,000 REIT).

hope this helps.

That UPDC is not just it for me.

nna777:


If you accumulate UACN, you will get pro rate approx 100:60:30 where 100 represents as example (100,000 units of UACN , 60,000 UPDC & 30,000 REIT).

hope this helps.

nna777:


If you accumulate UACN, you will get pro rate approx 100:60:30 where 100 represents as example (100,000 units of UACN , 60,000 UPDC & 30,000 REIT).

hope this helps.

Where are these free UPDC and REIT shares that will be given to UACN shareholders coming from?
Who is giving up his/her units to dash others or are they going to create extra units of UPDC and REIT

pluto09:



Where are these free UPDC and REIT shares that will be given to UACN shareholders coming from?
Who is giving up his/her units to dash others or are they going to create extra units of UPDC and REIT

Same way shareholders of UBA were given shares of United Capital, Africa Prudential Registrars and Afriland Properties shares some years ago.

emmanuelewumi:



Same way shareholders of UBA were given shares of United Capital, Africa Prudential Registrars and Afriland Properties shares some years ago.

Not the same way sir. United capital and APR were not listed separately on the exchange before the unbundling.

emmanuelewumi:




Currently giving a dividend yield of 17.3%

Please which stock is this?

emmanuelewumi:




Currently giving a dividend yield of 17.3%

There you go.

pluto09:



Not the same way sir. United capital and APR were not listed separately on the exchange before the unbundling.

Well UACN is a majority shareholder of UPDC.

UPDC owns over 60% of UPDC REIT

Stanbic IBTC Holdings Lists Additional Shares on NSE
https://businesspost.ng/banking/stanbic-ibtc-holdings-lists-additional-shares-on-nse/

FG Lauds Seplat’s Finance Position of $1.3bn
https://businesspost.ng/economy/fg-lauds-seplats-finance-position-of-1-3bn/

KPMG Survey Ranks Ecobank High in Banking Customer Experience
https://businesspost.ng/banking/kpmg-survey-ranks-ecobank-high-in-banking-customer-experience/

pluto09:



Not the same way sir. United capital and APR were not listed separately on the exchange before the unbundling.

The same way in the sense that UACN is the parent company of both UPDC and UPDC-REIT, just as UCAP and AFRIPRUD were subsidiaries of UBA.
"Not the same way" in the sense that UCAP and AFRIPRUD weren't listed then as UPDC and UPDC-REIT are now.

So Fidelity finally left FCMB behind...

OakPearl:


The same way in the sense that UACN is the parent company of both UPDC and UPDC-REIT, just as UCAP and AFRIPRUD were subsidiaries of UBA.
"Not the same way" in the sense that UCAP and AFRIPRUD weren't listed then as UPDC and UPDC-REIT are now.

For UBA, new units of shares of UCAP and APR were created to be issued to uba shareholders.
I know UACN is the parents company of both UPDC and REIT but I also understand that you can not pluck units of shares from the air. It is either they create new one or some unit holders are given up their shares.

Zenith bank is one of tfhe major stocks on the Nse for retail investors who are necessarily concerned about factors capable of influencing its price appreciation and rate of dividend yield especially at this crucial year end. I have read Nsempa to discover reasons that have been suggested by members for the recent and rather unending offloading of Zenith. Some opined that Jim is divesting to enter into agric, that efcc is forcing a major holder to a forced selloff and that a major holder is selling off to buy Access bank shares. Most of these are speculations which cannot be completely without basis. What I seek at this moment is the opinion of those who are very close to the market or have people close to the market can find out who is really offloading and for how long this is likely to persist? I remember when Guinness was going down uncontrollably a member informed us it was msci that was selling off and he even told us when the sell off ended. I would appreciate input from yok, mcy, dipolowo,oak and Intendy to mention a few.

rebekah2011:
That UPDC is not just it for me.

You have nothing to loose. anything can happen in Nigeria. 2020 might just be the year of real estate boom. the pressure on housing deficit is overburdensome.