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.

Thanks for this. God bless you real good sir.
Much respect!

eziokwunwoko:
POOR RESULT BY FLOUR MILLS

http://www.nse.com.ng/Financial_NewsDocs/28801_FLOUR_MILLS_NIG._PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

a drop of 5k in EPS from prior year is bad? chai, is this your idea of #GreatExpectations

are you based in Nigeria, how is the general economic climate?

oh boy get down to mother earth (aka reality)

Chibuking81:


Where are the unbundle gang that are eyeing part of share from UPDC REIT

Easy...
Peterichy leaving quietly without alerting Mendes911....
UACN is now UNBUNDLING the share price....
Let me prepare for mop up at the right price.

I was in UACN. I said I had jumped out with profit. You don't go against the trend. The market is generally bearish. If you're still in profit, jump out now, nobody knows when the bleeding will stop. Compare the monetary value of the unbundling and any dividend with your current profits. Scratch that, jump out NOW as nobody catches a falling knife. Let the market calm down first, then if you're in love with UACN, come back and buy later, at a cheaper price.

Mcy56:

Yes. I saw something like provision for dividend, that's why I mentioned it and want someone else to check, to be sure my eyes arent seeing double.

dividends paid form YE 2018 will be reflected in 2019 YE result. Any dividend paid for YE 2019 will be reflected in 2020 YE result.

na so dem de do am na. Abi u no de read notes accompanying results?

owoblow77:
I was in UACN. I said I had jumped out with profit. You don't go against the trend. The market is generally bearish. If you're still in profit, jump out now, nobody knows when the bleeding will stop. Compare the monetary value of the unbundling and any dividend with your current profits. Scratch that, jump out NOW as nobody catches a falling knife. Let the market calm down first, then if you're in love with UACN, come back and buy later, at a cheaper price.

Jump down from where? 12M full offer currently and increasing.

mendes911:

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

This one that has been bouncing along the N1 bottom for a while... We are watching with eagle eye what magic our Marlian Emeritus (Uncle TOE) has up his sleeves this time? Something is really cooking cos the price has been consolidating for ages now, no doubt! No rumour for now, but we are volume-watching...

COMPANY EPS 113K/252K

bigjay01:


http://www.nse.com.ng/Financial_NewsDocs/28801_FLOUR_MILLS_NIG._PLC._FINANCIAL_STATEMENTS_JANUARY_2020.pdf

a drop of 5k in EPS from prior year is bad? chai, is this your idea of #GreatExpectations

are you based in Nigeria, how is the general economic climate?

oh boy get down to mother earth (aka reality)

Let it be know that I will buy more of UACN!

do not copy me if your chop money dey inside ooo.

By the special Grace of God, I can weather the storm if it continues to go south

owoblow77:
I was in UACN. I said I had jumped out with profit. You don't go against the trend. The market is generally bearish. If you're still in profit, jump out now, nobody knows when the bleeding will stop. Compare the monetary value of the unbundling and any dividend with your current profits. Scratch that, jump out NOW as nobody catches a falling knife. Let the market calm down first, then if you're in love with UACN, come back and buy later, at a cheaper price.

You can't jump out if offers are piling.

bigjay01:
Let it be know that I will buy more of UACN!

do not copy me if your chop money dey inside ooo.

By the special Grace of God, I can weather the storm if it continues to go south

If you are still lucky to get it below 9

eziokwunwoko:
COMPANY EPS 113K/252K

wetin concern me concern company?
We bought the group so we look at the group!

RabbiDoracle:


You can't jump out if offers are piling.

He should tell his broker to get him out through the window.....You know what I mean.....

mendes911:


Jump down from where? 12M full offer currently and increasing.

the uacn cowboys will clear this one for sure,just 12million units.

Agbalowomeri:


If you are still lucky to get it below 9

portmanteau rebalancing

I am lining up my FCMB, FIDELITY & STANBIC for sale. proceeds will go to UACN

Rationale - after all the noise, can the above stock do more than 20% from here? in my humble estimation NO.
Can UACN do more than 20% from here? wella. I am also extrapolating/projecting into the gains from the unbundling (UBA style)

I have chose chosen 20% arbitrarily

Chai!! Different opinions here. Na wa oo.
This is mine:
* If you're not in urgent need of the fund and you bought higher, just exercise patience. You need a good dose of it.
* If you're in already and you have additional fund, wait for it to bottom out, then try to average down cos as it is you may not even be able to sell now..............Prof, I know you cautioned against average down sometimes ago, but I just think it may not apply to all scenario.
* If you cant withstand the heat and you entered at cheaper price, sell and book your profit first, then wait for bottom to buy it back.

Caveat: This is purely my opinion.

bigjay01:
Let it be know that I will buy more of UACN!

do not copy me if your chop money dey inside ooo.

By the special Grace of God, I can weather the storm if it continues to go south

godlyguy:
Tolu...

The least you'd see LAFARGE is it's present PRICE... I'M doing my KINGLY ENTRY today... I will keep WAPCO upwards henceforth... The MONEYBAG is here NOW

THE BIG SMART GUY

Na mouth you people get. Meanwhile prices keep dropping, and some peoples' blood pressures dey go up.

This entity buying and the one selling GTB. I dobale oooo. Men dey!

pluto09:



Some of those that bought were doing follow follow and did not study the last quarterly result....
Nothing new, the result is as expected...

I still don't understand some things about the spin off and I have expressed my reservation....
In addition, most companies in that sector are not doing well and I expect uacn to still struggle even after the unbundling....

Using the current quarterly earnings, what would be your projected 2020 EPS?

DOLLARTEX:
the uacn cowboys will clear this one for sure,just 12million units.

Truth is, coyboys might look at the result differently.
Same scenario played out when they released their Q3.
People panicked but later realized there wasnt any need for that. The price started climbing again.

owoblow77:


Na mouth you people get. Meanwhile prices keep dropping, and some peoples' blood pressures dey go up.

BigJay01 I know. He's not running mouth and I have known him in this since 2006.....

owoblow77:


Na mouth you people get. Meanwhile prices keep dropping, and some peoples' blood pressures dey go up.

I am too old to do mouth. 15 yrs in the market. I hardly announce what I buy or how much I buy.
Anyway na mouth, so make i shut up

Ifa, there were still some bids when I posted that.

RabbiDoracle:


You can't jump out if offers are piling.

bigjay01:
dividends paid form YE 2018 will be reflected in 2019 YE result. Any dividend paid for YE 2019 will be reflected in 2020 YE result. na so dem de do am na. Abi u no de read notes accompanying results?

Lol. Thanks. I no dey read note o. Na profit or loss I dey look.
You know I once did training on these things before but I don take am chop.

For ppl that still have WAPCO...my simple advice is: DON'T SELL. The result would likely come out soon and u might not be able to buy at a lower price.

DeRuggedProf:
Easy...
Peterichy leaving quietly without alerting Mendes911.... .

Lol

Mcy56:

Lol. Thanks. I no dey read note o. Na profit or loss I dey look.
You know I once did training on these things before but I don take am chop.

chai,remain small we for make you our class monitor ooo

DOLLARTEX:
chai,remain small we for make you our class monitor ooo

Lol. I no want o.

I just bought 1 unit of UACN. I talk say make I taste am again ;

Mcy56:

Lol

Nem almost on full bid, is any thing cooking there .

owoblow77:
I just bought 1 unit of UACN. I talk say make I taste am again ;

Better buy plenty, this result has evil intentions........

FOR THOSE INTERESTED


FLOUR MILLS OF NIGERIA PLC is pleased to invite the investment community to its Analyst call, during which the Chief Financial Officer (Anders Kristiansson) will discuss the financial results of the Group for the 3rd Quarter ended December 31, 2019. The call will take place on Thursday, January 30, 2020 at 14:00 WAT (13:00 GMT).
In order to receive an invitation to the Analyst call, please complete the PRE-REGISTRATION FORM.
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