Mpeace:
Its not that bad. The loss is from q3 when the made a loss of 15billion due largely to the cost if the rights issue they took from UPDC.

Mpeace:
UAC result will be worse. Its not the result that pple are rushing, but the unbundling.
They should end the year on a loss of over 10billion

RabbiDoracle:


Don't always listen to brokers. They are called brokers for a reason. They are damn broke!

RabbiDoracle:


Don't always listen to brokers. They are called brokers for a reason. They are damn broke!

rebekah2011:
Oga you are wicked. what is the difference between 10 and 9

bigjay01:


this your oracle de make sense sometimes.

As a long-termer, I am jumping in to continue my #OperationAccumulateUACN

make i de pick am up on her way down.

Mpeace:
It will not go lower than 9.
UACN did well. Look closely at the result and see beyond the surface. I did not buy nor consider the stock, but now, this result tells me the stock is headed for 30 and above.
The loss was expected and priced in. I noted it today, even before the release of the result, that the stock is headed for a loss of over 10bill

emmanuelewumi:
What is bad is bad, going forward let us see what the Financial Engineers running the company will design. I think the core investors have cleared a major mess, going forward things should look up for UACN and her subsidiaries

OakPearl:


My brother, if I delve into that, I will forget that something is telling me it is time to buy more UACN.

RabbiDoracle:


Please don't jump in! Wait it out if you can't exit.

At this point, exit doors gets alot tighter or shut completely.

RabbiDoracle:


Lol.

People should please wait for UACN at or below N4.50

RabbiDoracle:


Don't always listen to brokers. They are called brokers for a reason. They are damn broke!

Marlianvestor:


This is a very caring Oga with all his warnings, but how are we going to make money in this markets if you keep on scaring novice investors...

As you know (which I believe)…. Ultimately, it’s the abundance of newbies, novice investors etc in the mkts that creates the opportunities for we second-chance investors to succeed. Remember, we were once newbies and have paid our dues mercilessly. So. no mercies, Oga! That's the name of the game o!

mendes911:

Transcorp should do and release their own atomic bomb. Some of us are waiting jejely at 75k.

mendes911:
Transcorp should do and release their own atomic bomb. Some of us are waiting jejely at 75k.

mendes911:


But the result is not far from what most expected. The attraction is in the spin off activities and not in 2019 FY result.

Same way DBN was attractive not based on their result but on the buy out.

The main kata kata will be if they decide not to proceed with the spin off. Then UACN might taste N1.00

bigjay01:


I graduate my purchases on the way down.

I have a kind of sliding scale.

This was a kind of refresh button, the repricing will begin from on or before their Q1.

In view of the effect of UPDC (up to Q3) I wasn't expecting a fantastic result anyway.

The real UACN investors will be buying, whilst traders/speculators will be selling.

DANGFLOUR comes to mind

mendes911:

UACN passengers jumping out fast fast. The first one looked like Agba, I sabi him face.

mendes911:


But the result is not far from what most expected. The attraction is in the spin off activities and not in 2019 FY result.

Same way DBN was attractive not based on their result but on the buy out.

The main kata kata will be if they decide not to proceed with the spin off. Then UACN might taste N1.00

Mcy56:
UACN: Do you know they're paying dividend in all these. Pls someone should confirm this as well.
It can only mean one thing: the coy is getting better.
Let the moneybags crash the price first so some of us can enter cheaply.................. this is my opinion anyway.

mendes911:

Transcorp should do and release their own atomic bomb. Some of us are waiting jejely at 75k.

RabbiDoracle:


Do unto others as you would have it done into you.

Imagine the newbies were your brothers/sisters. Will you let them feel the pains of losing their capital? I have felt it before. But I withstood it because I had other sources. Some don't have. So all you can do is just to give early warning. But as you know, humans will always be greedy. They will be stubborn. And at that point, you let everyone be.

Mcy56:

It's somehow liquid. Just try and enter at the right (*cheap) price.

bigjay01:
all these results are un-audited. They are indicative for now.
Dividends can only be announced on audited result!

bigjay01:
http://www.nse.com.ng/Financial_NewsDocs/28797_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf
http://www.nse.com.ng/Financial_NewsDocs/28798_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

These results get as dem be ooo.
I am not schooled in accounting so ayam not understanding.
let me come and be going shaa

pluto09:



Are you sure you will buy at 75k if you see it at that price