Itchy finger syndrome has started.

RabbiDoracle:


I'm not seeing any signal to sell. In my opinion it is just to hold.

Like Ukay said, once people are comfortable with their gains, they can sell if they want. But they will buy back higher

ebuka1997:
https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20UAC%20of%20Nigeria%20Plc_.pdf

For UACN faithfuls

Cardinal stone is intrested in UACN that is why they gave you only the wost case senario to deceive you. What about the best case senario? When you read always interpret critically.

I am very glad for one reason, they have confirmed the numbers we posted earlier.

ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Opzyyy:


Thanks boss

what about bonds?

Uchetoba:
Here are the numbers that I promised you:

When the Unbundling of UPDC and UPDCREIT is completed, the shareholders of UPDC will be given 1 unit of UPDCREIT in addition to every 12 shares of UPDC held.

AND UACN SHAREHOLDERS WILL RECEIVE
12 SHARES OF UPDC +
1 SHARE OF UPDCREIT
IN ADDITION TO EVERY 2 SHARES OF UACN ORIGINALLY HELD.

talk2me2:
Guy I from the very moment I saw this your post I quickly moved into research about UACN. Here are my findings:

UACN has 2,881,296,580 ordinary shares of 50k each.
UPDC has 18.462billion ordinary shares of 50k each after the right issue.
Accordig to reuters.com UACN now own 93.9% or 17.34 billion shares of UPDC. When UACN unbundles UPDC, the 17.34B shares will be alloted pro rata to the shareholders of uacn i.e 17.34b ÷ 2.88b = 6 shares of updc for 1 share of uacn held.

In addition, UPDCREIT has 2,668,269,500 units of N10 each.
UPDC own 61.5 % or 1,640,985,742 units of UPDCREIT.
And uacn own 93.9% or 1,540,885,611 units of updcreit.
the pro rata means 1.54b ÷ 2.88b = 0.53 unit for 1 share of uacn held. Now let's multiply 0.53 by 2 = 1.06 or 1 unit of updcreit for ever 2 shares of uacn.

SUMMARY
THEREFORE, FOR EVERY TWO SHARES OF UACN THAT SHAREHOLDER HAD THEY WILL RECEIVE ONE UNIT OF 10 NAIRA EACH OF UPDCREIT AND TWELVE SHARES OF UPDC AS BONUS SHARES.

OGA YOUR HEAD IS CORRECT.

I have already made UACN the 65 % of my portfolio, hoping to add more before the unbundlings finally take place in July.

We are making alot of money this year.

Uchetoba:
If you like stay there and let the orpportunity pass.

UACN go poo, vomit, pea and mess.
Poo = capital appreciation
Vomt = dividend from the coy
Pea = unbundling
Mess = UPDCREIT go also pay dividend.

Just to refesh our memories

meshpips:
ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Good day boss...

Just had a look at the charts...

There's a resistance at 17.40 thereabout but I'm not sure it's a major resistance... Maybe I'm not looking at the right time frame or using the indicators you used but can you throw more light on this...

#iAmLearning...

Monday /tues closed .. I think there maybe profit taking today .. watching

Uchetoba:
Just to refesh our memories

You and this UACN,its like you are doubting your position in UACN or you are very lonely in the bus because people are not discussing it.

Care4:


Good my people.
I bought Zenith, AIICO and a couple of others at their MARCH LOW. I'm currently at >20% in 4 different stocks. I actually average down on Zenith.

Will this be a reasonable time to start sell?

"Sometimes the hardest thing to do, is to do nothing"

"There is a time to make money and a time not to loose money" -David Tepper

I guess you've tried not to loose money by buying at year low, then you should be patient to make money now

meshpips:
ZENITH will face its litmus test today.

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower. All the best everyone!

Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly(which is your main field) be careful in saying Zenith will come down to N11.

Sellers will have the upper hand today. We watch and see how it goes.

Uchetoba:
This UACN thing will be like what happened when UBA was devesting from Afriprud, Ucap & Afriland property. About 2 weeks to the day they were going to allot the shares of the three companies for free to investors, the price of uba started crumbling very fast from over N7 to around N4.5. When I saw the price at 4.5 I quickly sold all my NEM at N0.8 cause I but the NEM at N0.55, so I plunged all the money into UBA not knowing what was about to happen lukily for me that was about two day to the D day. About three days after buying I saw that the price of uba started ralling and I also noticed that two new companies has been included in the price list and the two are also ralling. To cut the long story short, I later called my then analogue stockbroker to send a copy of my cscs stmt of acc to my email, they did and I saw afriprud and ucap in my cscs stmt then I called my stockbroker for explanation then they told me those were giving to me by uba bc cbn had told all banks to divest from their non banking subsidiaries. Later again I checked my P.O Box and I also saw the share certificate of afriland property.

Those that sold there UBA before the D day I'm sure they cried HAD I KNOW.

Please let them continue to sell their UACN I havn't bought enough. I even need it to fall to like N4 so that I can buy more and more b4 the D day.

Agbalowomeri:


Disclosure: 100% loaded in UACN

High Chief RabbiDOracle said sell everthing including your bonk and buy UACN.

meine:
Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly be careful in saying Zenith will come down to N11.

Take it easy on the guy.

Uchetoba:
Cardinal stone is intrested in UACN that is why they gave you only the wost case senario to deceive you. What about the best case senario? When you read always interpret critically.

I am very glad for one reason, they have confirmed the numbers we posted earlier.

You seem to insinuate I’m not interested in Uacn which is not the case... I’m simply showing another angle, this is the worst case scenario, the best case would be very profitable

locodemy:
He should open his eyes wide and watch.
Next week is Salah and from all indications, negative news abound in Nigeria and economy.

Loco leave Sallah for those celebrating it.
Is it today they will sell what is needed to celebrate Sallah on Monday?
Or is it money bag that needed Sallah money?
Allow these people settle down for the country first abeg.

NB: Not to be taking as any form of advice.

dinyelutochukwu:

Beautiful analysis especially with the 1million unit analogy displaying the various levels of price depreciation. I believe these are worst case scenarios.

Exactly, it gives perspective. They also stated risks that can happen for investors to assess risk critically.

meine:
You and this UACN,its like you are doubting your position in UACN or you are very lonely in the bus because people are not discussing it.

Lol.
Oga Meine, this unbundling thing was expected before now (April) but was delayed. Many of us positioned but had to leave when the thing no gree happen quickly but prices were fallen.
We shouldn't discard the message but do due diligence so people won't miss out.
I think we need to go back and check well how we can benefit from it from Uchetoba and OGG's analysis.

....

anjilgreat:


Although Zenith is still a good buy at current price, you may probably enter at any slight pull-back. Since you are going short-term, you have to closely monitor it's upward movement especially in this period of bull and sell at your targeted exit price.

no shares is long term I want to do. That's why I want advice on what promising shares at low price below that I can buy

Mcy56:

Lol.
Oga Meine, this unbundling thing was expected before now (April) but was delayed. Many of us positioned but had to leave when the thing no s.

Class Captain, but the message has been passed severally now. Why the repetition? Infact the repetition scares people like me, when an investment is too good to be true then it may not be true.

pepper247:
what about bonds?

i don't know, cos I heard coupons are fixed. It's not like i can add the coupons to the principal to compound interest. So for now, I am not interested

meine:
Stop Confusing people, Even though it favors me,i dont think Zenith is going down to N11.90 anytime in the future, Technicals dont have anything to do with COVID19 lockdown which caused the March Panic Selloff. If you couldn't predict the movement of Bitcoins correctly(which is your main field) be careful in saying Zenith will come down to N11.

Olumo Rock and Aso Rock thrown.

meine:
Class Captain, but the message has been passed severally now. Why the repetition? Infact the repetition scares people like me, when an investment is too good to be true then it may not be true.

.....and what if it turns out to be true?
Reminder is not bad nah.

Well as for me, I'm yet to understand the issue well, the explanation no wan gree enter my head. I still needed Uchetoba to explain in night school language for me.

Opzyyy:
no shares is long term I want to do. That's why I want advice on what promising shares at low price below that I can buy

I want clarification on your question, are you saying that you have decided to invest long-term and no more short-term plan?. If you are planning long-term, my earlier can still be considered.

Guinness: Up with N1......volume speaks...
Profit taking ongoing in some banking stocks...

DrAwo:


Good day boss...

Just had a look at the charts...

There's a resistance at 17.40 thereabout but I'm not sure it's a major resistance... Maybe I'm not looking at the right time frame or using the indicators you used but can you throw more light on this...

#iAmLearning...

That price is the Volume Adjusted Price for this week.

Zenith has a cumulative net sell volume currently. So if it hits the level and closes next week with a bearish body, it will CERTAINLY go down to retest the 11.90 support.

... peter dey find meme him want attach to his uacn post

The little units I have here must deliver oo

meshpips:
ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Must be a funny dream. We are not going that side soon.

meshpips:
ZENITH will face its litmus test today.

Let's see what happens after it touches 17.44

If the next week closes with a bearish body the we will of necessity see 11.90 and possibly lower.

All the best everyone!

Who will be selling at that price?
Charts requires sensible interpretation. Zee is marching to 26...with some retraction in between.

Mcy56:

.....and what if it turns out to be true?
Reminder is not bad nah.

Not ruling that out but there are too many opportunities in this market for one to be fixated on just UACN.

UBA doesn't want to slow down.....
Zenith gathering energy at 16.85.....
Temporary pullback in the market......

Comment based on observation. I may be wrong....

PETERiCHY:


The ETI you were marketing when it was Trading at N8 what is the price now

For the newbies I repeat UACN will be the BARGAIN of the CENTURY.
Same way we market DANFLOUR in 2018 and
UNONDAC in 2019

BARGAIN HUNTERS TAKE NOTE!

Those in UACN rightnow