The share float of the company is abysmal. It is the core investor alone that is enjoying the company, he will need to get new investors to sell to

emmanuelewumi:
Congrats BUA Cement shareholders, dividend of N1.75k.


Profit after tax of N60 billion higher than the N35 billion promised by the core Investor

Dividend payout ratio of 97%

As grievances on missing outs go, I hope people here bought 11plc, because no one said we shouldn't buy it. June 3 was slated for decision on delisting at a premium.

I personally started buying it after the initial rush.

Fbnh: 46.8M bids vs. 4.9M offers.....

One will now wonder where were all these people bidding at 5, 5.05 and 5.10 when this same Fbnh was selling for 4.40 and below.
Imagine that 10M single bid at 4.95.

rebekah2011:
The share float of the company is abysmal. It is the core investor alone that is enjoying the company, he will need to get new investors to sell to

Out of the total shares of 33.8 billion shares, the core Investor and his companies own a total of 31.3 billion shares.

He is chopping big time.

rebekah2011:
The share float of the company is abysmal. It is the core investor alone that is enjoying the company, he will need to get new investors to sell to

BUA Cement to Pay N1.75 Dividend from N61bn Profit in FY’19
https://businesspost.ng/economy/bua-cement-to-pay-n1-75-dividend-from-n61bn-profit-in-fy19/

Access Bank, GTBank Stocks Attract Investors as Market Rises 1.09%
https://businesspost.ng/economy/access-bank-gtbank-stocks-attract-investors-as-market-rises-1-09/

Oil Prices Close Mixed on Fresh Worries
https://businesspost.ng/economy/oil-prices-close-mixed-on-fresh-worries/

Naira Depreciates to N460 Per Dollar at Black Market
https://businesspost.ng/economy/naira-depreciates-to-n460-per-dollar-at-black-market/

NASD Exchange Trades Flat Tuesday
https://businesspost.ng/economy/nasd-exchange-trades-flat-tuesday/

We are getting a a months high from the bull in the market. Stay glued.

Some bargain still available in the market.

@FBNH, now that 4.90 - 4.95 has been defeated, can we move forward..

Yours truly is sitting on 40+% on this stock, so please not a buy or sell recommendation.

Mcy56:
Fbnh: 46.8M bids vs. 4.9M offers.....

One will now wonder where were all these people bidding at 5, 5.05 and 5.10 when this same Fbnh was selling for 4.40 and below.
Imagine that 10M single bid at 4.95.

If everyone buys @ 4.4 who will now buy @7 naira?

mcy56 ..see uba don catch up with access for now

Justcul:
@FBNH, now that 4.90 - 4.95 has been defeated, can we move forward..

Yours truly is sitting on 40+% on this stock, so please not a buy or sell recommendation.

Congratulations.

Cc: princkez

leo1234:


Congratulations.

Cc: princkez

thanks Bros.. But we are still watching it with caution ooo

leo1234:


Congratulations.

Cc: princkez

Truth is there is value everywhere in this market, it takes a little research to find it and key in.. best of luck and greenish portfolios to everyone..

Respect to Rabbi, pa Emmanuel and many others here..

lancee:
mcy56 ..see uba don catch up with access for now

Na so. Doing close marking and at par now. Let's see if it will have the gut to pass Access....

leo1234:
If everyone buys @ 4.4 who will now buy @7 naira?

Na true.
14M bids at 5 now. I talk am say na shakara dem still dey do when they were bidding at support then......goal post shifted now to 5.

Mcy56:

Na so. Doing close marking and at par now. Let's see if it will have the gut to pass Access....

We watching .. Na the work of big investors....Jejebabsy u dey see for there on uba

lancee:
We watching .. Na the work of big investors....Jejebabsy u dey see for there on uba

UBA on normal level should be trading higher than access by now nah, don't know for how long Access will continue to dictate direction for her.....Let's see how they play their game out.

Mcy56:

Na true.
14M bids at 5 now. I talk am say na shakara dem still dey do when they were bidding at support then......goal post shifted now to 5.

Aunty Mcy56, why FCMB no dey shake body na?

lancee:
mcy56 ..see uba don catch up with access for now

Seriously market is not been fair on UBA.
UBA should be trading above 8 naira by now.

leo1234:


Seriously market is not been fair on UBA.
UBA should be trading above 8 naira by now.

U right sir

Mcy56:

UBA on normal level should be trading higher than access by now nah, don't know for how long Access will continue to dictate direction for her.....Let's see how they play their game out.

The market understands that Access is a better bet, hence the pricing.

Aiico : about to touch N1....
Zee arrived KM 16.......

thesilentone:


The market understands that Access is a better bet, hence the pricing.

Their balance sheets speaks for itself, they are not mates

ositadima1:
Aunty Mcy56, why FCMB no dey shake body na?

Every stock get its own time.
But fcmb shake body nah
From 1.50 to 1.70+, went back to 1.53 region and back to 1.74 now.......
Allow make e test 1.80 first.......and is moving towards that now......

emmanuelewumi:




How long has he started his school, if he has not been running the business for a minimum of 20 years, it will be almost impossible for him to build a substantial reserves. Personnel expenses take more than 50% of the income in most cases, but proprietors got double digits loans to establish and grow their schools, finance cost can take between 20% to 30% in most cases, taxes, dues, levies from the government, local government etc will take another 10%, the competition is also keen. So it is not that easy as people think.


Real estate and Portfolio Investments are just too cool, running a business in Lagos no be moin moin

If you are lucky to get a start up capital of N50 millon to establish a small school or Invest in the stock market.

There is an 80% probability for an informed Investor to do better than the investor who invested in a capital intensive school business

thesilentone:
The market understands that Access is a better bet, hence the pricing.

Maybe before the merger with diamond......UBA is not its mate now.....
My opinion oooo.

lancee:



We watching .. Na the work of big investors....Jejebabsy u dey see for there on uba

Hahahhahaha, boss I have disabled my sell button for now till Oracle start making the Sell alert.

emmanuelewumi:



If you are lucky to get a start up capital to establish a small school or Invest in the stock market.

There is an 80% probability for an informed Investor to do better than the investor who invested in a capital intensive school business

Well said !

Jejebabaa:

Hahahhahaha, boss I have disabled my sell button for now till Oracle start making the Sell alert.

We dey wait 7 first then we see how far it will go

Mcy56:
Aiico : about to touch N1....
Zee arrived KM 16.......

Zee don change pattern ,,16+ for now

fxuser:


Reporting sir

Fuuser left on Jan 29 and resurfaced xtady.
Whenever you see Fxuser know that BULL GATE is around the CORNER.

Meanwhile STcool, Chibubear and their fellow bear mongers rightnow

Looking for other stocks to buy again for profit ..no see for now with all theses prices ..I for dey look now if had been 100 % cash is king

NSE !!