All the naysayers who spoke against WAPCO today have seen that proofs don't lie... TEAM WAPCO is smiling to the bank today just as TEAM UCAP smiled

THE BIG SMART GUY

I have 2 brokerage account, but I don't know that I have to inform the new broker of my existing CHN number. Pls what can I do now?

THE next targets are ACCESS BANK and THE ELEPHANT BANK... Load all you can NOW... THE bus is getting set for ELDORADO

THE BIG SMART GUY

emmanuelewumi:



If you buy and sell, you don't need dividends, you sell and book profits

That's another angle to it.

emmanuelewumi:


Ten percent is okay. A popular lawyer got a dividend of N70 million last week from Okomu Oil and paid withholding tax of N7 million.

If he earned N70 million as salary, he would have paid up to N15 million or more as PAYE

Ba ba ooo Tuale sir.

godlyguy:
Which bank? I have not received mine... GTB why na?

GTB.
My own na small money oo.
Maybe dem never put Pampers for your money self, no mention going to airport in search of cargo plane to lift it to you...

onegentleguy:

AIICO now on full bid @N1.20 !!
...dude has also joined the "NEIMETH tradition" . .

Sir, pls what's the fair price of Aiico?
The way it's going, it may hit 1.50 soon.
Was on full bid till one itchy finger came to sell and crashed the price back to 1.15.

ebuka1997:
please how can i transfer my shares to another broker and is the process seamless? I've had it with afrinvest... maybe they don't exist to serve the retail investors. I've been trying to sell Mtn since morning it has been hanging, customer care no answer meanwhile they charge more than 1% for nothing. What nonsense. Maybe they want the price to reduce before they sell

STEPS:
1. Sell everything, leaving 10 units of each stock with them ( just for ediv)
2. Collect your money.
3. Transfer the money to your new broker.
4 make the new broker know you don't smile.

Thank me later....

kayuscares4u:
I have 2 brokerage account, but I don't know that I have to inform the new broker of my existing CHN number. Pls what can I do now?

Did you open the two accounts with same name - i.e. same surname, first name and middle name?

Anyway, I will say since you opened two accounts with two different CHN, just Leave it for now and continue to use it as it is.......events of things will take care of it......when SEC reaches the level of merging accounts I think.
Someone else may help us shed a light on the future disadvantage though.
You may also ask your broker on the likely effect of this.

anjilgreat:


Wow! , it will be great if other companies in the NSE can follow this model. I personally think that the 10% WHT is just too high

Way too high, considering the fact that we do not see the impacts in the life of our people. It adds no benefit to the well being of hard workers and dedicated people of Southern Nigeria.

Mcy56:

Sir, pls what's the fair price of Aiico?
The way it's going, it may hit 1.50 soon.
Was on full bid till one itchy finger came to sell and crashed the price back to 1.15.

Raking off surrounding RISK and attaching a cautious valuation model, I have a FVE of N2.37 for AIICO.

Again, NOT a buy recommendation.

godlyguy:
THE next targets are ACCESS BANK and THE ELEPHANT BANK... Load all you can NOW... THE bus is getting set for ELDORADO

THE BIG SMART GUY

Earlier In the yr you bought Wapco at N15 told us it's heading to N20. 6month later you got N1 Dividend,sold N11 and claim to be smart

onegentleguy:


Raking off surrounding RISK and attaching a cautious valuation model, I have a FVE of N2.37 for AIICO.

Again, NOT a buy recommendation.

I don't know if anyone can determine a fair price for any Nigerian equity. I do know though that anyone selling at anything less than N2.00 is passing up a big opportunity.

onegentleguy:



...it has nothing to do with models my dear.
LAFARGE WAPCO currently enjoys a 3 yr pioneer tax holiday.(see part in bold from post above)

Regards

That's true, I now remember the tax holiday granted to them and some others companies. Thanks.

FBN Insurance Sold for Greater Value to Shareholders—FBN Holdings
**Says Sale Won’t Affect FBN Insurance Brokers Limited
https://businesspost.ng/economy/fbn-insurance-sold-for-greater-value-to-shareholders-fbn-holdings/

2020 Budget: FG Too Hasty Slashing Oil Benchmark to $25—Udemezue
https://businesspost.ng/economy/2020-budget-fg-too-hasty-slashing-oil-benchmark-to-25-udemezue/

Reps Recommend Immediate Scrapping of Excess Crude Account
https://businesspost.ng/economy/reps-demand-immediate-scrapping-of-excess-crude-account/

Godlylifeoneart:


Way too high, considering the fact that we do not see the impacts in the life of our people. It adds no benefit to the well being of hard workers and dedicated people of Southern Nigeria.

It's well!

STNWAUME:


Earlier In the yr you bought Wapco at N15 told us it's heading to N20. 6month later you got N1 Dividend,sold N11 and claim to be smart

Oga Ogg, ur succinct analysis is needed in the beer industry, planning a swoop for the long term...........

Please whats the difference between the President of NSE and the DG of NSE.


.

maishai:
Oga Ogg, ur succinct analysis is needed in the beer industry, planning a swoop for the long term...........

I am working on this.
...will post at the appropriate time.

However, am of the view that all coys in the sector are currently a BUY @ their present mkt prices.
...particularly INTERBREW, where feasible REWARD(a peg of MoS) appear to have run far ahead of the duo of surrounding RISK and asset PRICE.
For this asset, the KEY to look out for will be an estimable point of inflection to growth, and the coys recent FP already points in that direction.

The sector will most likely reward any investor with minimal risk aversion and maximal investment horizon.
...infact, that probability is now closer to 1.

Selah

PETERiCHY:


Bear in mind UACN core investor THEMIS CAPITAL increased their holdings by 15.7m units last Feb at an average price of N10.

So you won't tell me at all at all
UACN won't rally to N12 junction before the UNBUNDLING EXERCISE.


"If you sleep they will carry your Gun"

BARGAIN HUNTERS TAKE NOTE!

My big bra,
The more we look, the less we see.
How much did ignis paid for FORTE?
N66./UNIT
How much is forte today?
Don't be surprised, this core investor is benefiting from one of the lucrative supply chains in UACN.
They only invested the profits made from uacn to invest in UACN.
About 30 to 50 million units of UACN sold between Jan and may this year was disposed by core insiders (NSE corporate alert is the source)
Why were they selling?
When the dramatic unbundling that will unlock the potential of UACN is just around the corner.
Today, ignis is smiling to the bank.
For ignis to have paid N66 for Forte oil, one would have staked his destiny on the Northward trajectory of the company, today, the book value of Forte oil is N22-24.
My brother, it is risky to trust what we do not have a control over.
Fundamentally and technically speaking, uacn best journey is Circa 8 to 12.
This is only possible if the Negative eps of 2019 financial year could be reversed.
We are talking of a company that is paying index dividend with money realized from sale of equity to imperial logistics of South Africa in MDS logistics.
Somehow, I am of the view that UACN asset is overstated why debt is under-reported. I hope I am wrong.
Reason being that UACN has not made a significant profit in the last 3 years.
All the rights issue were used to offset recurrent expenditures. (SALARIES AND WAGES) of corporate exuberance.
It is a pity, the hx of UACN is embarrassing to shareholders.
Many subsidiaries are dead, now in archive of history.
Textile DIV... Dead
Africa Timber and plywood DIV... Dead
Automobile DIV... Dead
Tractor and equipment dvsn... Dead
Kingsway.... Dead
A J Seward..... dead
We are hoping for the best and a dramatic turn around for this company.
May the new management succeed in achieving their new vision and mission for UACN.

STNWAUME:


Earlier In the yr you bought Wapco at N15 told us it's heading to N20. 6month later you got N1 Dividend,sold N11 and claim to be smart

Okuta buruku (wicked stone)

STNWAUME:


Earlier In the yr you bought Wapco at N15 told us it's heading to N20. 6month later you got N1 Dividend,sold N11 and claim to be smart

That's why he calls himself smart.
Bargain followers abound.

Godisfaithful:


Dow Jones at 30K will happened maybe after elections. But not anytime soon with the fear of second wave already heating the southern part of America. Let’s just wait and see for now

Bro,

Dow at 26K.

NASDAQ has made a V-shaped recovery.

meshpips:


@emmanuelelewunmi, VAP sees EVERYTHING!!! Except and unless, the data is entered incorrectly.

Now see the recommendation I gave for UACN since last year and the price target (Buy at 6.00 target 24.00).

VAP has got superiority of vision. Please let's do away with all those ancient methods.

The new has come! Put away the old!!!

VAP(TA) works with some assumptions that I tend not to agree with.
I personally think the tool is more suited for currencies, crypto and commodities hence good for traders. Investors need more.....
With our own peculiarities in Naija, you will need a lot of FA also to survive NSE.
The best situation is if you are good at both and can combine the two.
People like @Rabbi and co. use both with good results.

Has everyone using GTB gotten their wapco dividends. Just been refreshing my bank account since not even water dropped their. If I didn't get at the end of today is their a reason for a concern.

abuhusna1:
Has everyone using GTB gotten their wapco dividends. Just been refreshing my bank account since not even water dropped their. If I didn't get at the end of today is their a reason for a concern.

I use First Bank. I haven't received because Morgan had issues with share transfer form, cscs, etc. Although Cardinalstone has been sending me invites of AGM and stuff; I will relax and contact them later.

If you filled your forms successfully, you'd surely get.

S007:


VAP(TA) works with some assumptions that I tend not to agree with.
I personally think the tool is more suited for currencies, crypto and commodities hence good for traders. Investors need more.....
With our own peculiarities in Naija, you will need a lot of FA also to survive NSE.
The best situation is if you are good at both and can combine the two.
People like @Rabbi and co. use both with good results.

The Oracle I know uses ancient Calabash...

abuhusna1:
Has everyone using GTB gotten their wapco dividends. Just been refreshing my bank account since not even water dropped their. If I didn't get at the end of today is their a reason for a concern.

.

Still hoping too. Uses first bank. Since pa Emma uses firstbank too n has gotten am beginning to think may be they are using surnames in alphabetical order. Is ur name closer to Z

IYGEAL:


I use First Bank. I haven't received because Morgan had issues with share transfer form, cscs, etc. Although Cardinalstone has been sending me invites of AGM and stuff; I will relax and contact them later.

If you filled your forms successfully, you'd surely get.

Are they not the ones that paid Fcmb dividend ??cos I received my fcmb in peace!!

Krisuba:
.

Still hoping too. Uses first bank. Since pa Emma uses firstbank too n has gotten am beginning to think may be they are using surnames in alphabetical order. Is ur name closer to Z

My surname is A ooo. 125k no be small money for corona period