Investors stock pick
1. UBA 87.97%
2. GTB 52.30%
3. ZENITH 43.88 %
4. ACCESS 40.90%
5. FIDELITY 34.25%
6. WEMA 24.14%
They are banking stocks captured, and I think they are all good. Now and during next month bonanza call.

7. Guinness of perterich is position at 39% 12 months upward potential, that's good, but will Peter wait for that time. Needed to show concern at sub #15 at sighting of Bear opportunity by July month.

8. Total is on 55.25% needed to be part during bear bonanza grabs
9. Dangote cement 34.39% good at lower price by next month
10. Seplat 29.98 % good at bonanza offer
11. Nestlé 35.68% good at bonanza offer

12. Eterna is on the high side of 40.45% needed to watch during bear presentation of opportunity at sub #2

At presence of the next month bonanza, investors should target the mentioned squad

13&14. If Afriprudent return to #3.40, Unicap at #2.20 by next Month bonanza offer, they will be one of the nice cash for dividend investors.

Chibuking81:

But there are a lot with upside potential of 30% and above, UBA 87%. They really captured the good squads in banking sector, they look like Barcelona/ Real Madrid/ Liver pool first eleven.
UACN is with 27%.

Anyway is your choice. But the best time to accumulate will likely turn out to be by the month of July. As q2 expectations of bad result approaches stock will likely go lower. And thereby presenting the entrance opportunities.

Yes you may be right the uacn has about 30% upward potential base on the report. But if you add the benefits of the unbundling of updc and updc riet, then the recommendation for UACN will become VERY STRONG BUY.

talk2me2:
Yes you may be right the uacn has about 30% upward potential base on the report. But if you add the benefits of the unbundling of updc and updc riet, then the recommendation for UACN will become VERY STRONG BUY.

They accommodated it before recommending, without accommodating it , UACN will not even be at bench talk more of reserve.

Remember UACN is try your Lucky, their unbundling might have price in with their current price. The July fix date is not sacrosanct, meaning that it might take longer time to be concluded, many expectations of q2 companies bad result will likely affect some companies upward movement between now and next month, so I see it as opportunity to buy more. But talking of 12 months upward potential, with next bonanza opportunity UACN will likely fit in.

Many are still waiting in Oando motor, even with years of their nonperformance hoping that one day the company will move forward, that is also try your Lucky, which if it come to pass will triple their capital appreciation, same with eterna.

Such stock is good to invest monthly with money one able to risky, not greater percentage of one investment, because if it turn out good, he will smile, but when it turn out bad , he can easily forgo the investment.

The worse investment, is not your stock returning to 20 kobo car park, because at that there is still hope of resurrecting one day, but worse is when your said company you invested is been delisted, like that of Skye bank, and other delisted companies.

Transcorp should look for the juju man Neimeth and Aiico employed. Which kind delay be this

Buying Caverton on Monday, will I be qualified for Dividend pls?

arduino:
Transcorp should look for the juju man Neimeth and Aiico employed. Which kind delay be this

Transcorp has done the similar before returning above 1000% from 50 kobo car park then to #6 with help of transcorp hotel, which was later caved out as separate entity. And transcorp return back to about 60 kobo, move back to #2.5 with news of getting certain huge amount that government owes power sectors, when the news die down, the return back to sub #1. I was opportune to jump out at about #6+ then from my part during the IPO
of 2006 thereabout, that visited 50 kobo.

Stock this days is turning to try your Lucky, Japaul oil does similar with news of receiving huge investment with one foreign institution, they move north, but when the news die off they return, some are manipulation.

So if you are in such stock, it's called try your Lucky stocks, that is waiting for one big non existing news that will never materialized to move them forward.

When you notice such opportunity as jijo member, jump in and try to jump out while the ovation is still loudly.

Chibuking81:

But there are a lot with upside potential of 30% and above, UBA 87%. They really captured the good squads in banking sector, they look like Barcelona/ Real Madrid/ Liver pool first eleven.
UACN is with 27%.

Anyway is your choice. But the best time to accumulate will likely turn out to be by the month of July. As q2 expectations of bad result approaches stock will likely go lower. And thereby presenting the entrance opportunities.

I want to accumulate UACN more next week because below N8 is a very good price for me, So I don't get caught unawares in July.

At this price i.e getting free UPDC REIT @N3.50 add that to UPDC you can't beat that value
All my free funds for June goes into UACN from next week.


I like their list particularly... Fidelity Zenith UBA Guinness

stcool:


I want to accumulate UACN more next week because below N8 is a very good price for me, So I don't get caught unawares in July.

I like their list particularly... Fidelity Zenith UBA Guinness

The 3 you mentioned stand out to me more than the other unmentioned 3.
On UACN
Sometimes there is a way your friends will be shouting buy buy on a particular stock, one will try to test the try your Lucky, which I might likely participate but not with greater percentage of my holding. At bonanza offer next month I will likely buy some portion of UACN, for now am still looking at other better stock from my findings.

Chibuking81:


The 3 you mentioned stand out to me more than the other unmentioned 3.
On UACN
Sometimes there is a way your friends will be shouting buy buy on a particular stock, one will try to test the try your Lucky, which I might likely participate but not with greater percentage of my holding.

UACN will hold 60% of my portfolio in June...DF in my mind

From my calculation any amount invested is 100% return after unbundling as at yesterday closing price.

< N8.00 is key for me

stcool:


I want to accumulate UACN more next week because below N8 is a very good price for me, So I don't get caught unawares in July.

At this price i.e getting free UPDC REIT @N3.50 add that to UPDC you can't beat that value
All my free funds for June goes into UACN from next week.


I like their list particularly... Fidelity Zenith UBA Guinness

1. UPDC is half a unit a shareholder of UACN will get after unbundling, that's if at price of #3.50÷ 2 = #1.75 ( with expected final year EPs of 16 * 4 = 64 kobo/ 2 = 32 kobo) and this seems to be the most target among all.

2. UACN main companies has EPs of about #1 equivalent to FIDELITY, FCMB, Caverton, all in the range of #1.7 to #2.3, and the 3 mentioned paid higher final dividend than UACN.
Fidelity paid 20 kobo,
FCMB paid 14 kobo,
Caverton paid 20 kobo,
while
UACN paid 10 kobo.
Can that range of #2 stock or below be the fair price of UACN main company?

3. My main worries still remains that, if after unbundling and no more buyer at side of UAC property which their accumulated negative earning will be - 612 kobo × 6 = -3672 kobo for the 6 unit allotments, who will bail one out at 20 kobo junction?

Chibuking81:


1. UPDC is half a unit a shareholder of UACN will get after unbundling, that's if at price of #3.50÷ 2 = #1.75 ( with expected final year EPs of 16 * 4 = 64 kobo/ 2 = 32 kobo) and this seems to be the most target among all.

2. UACN main companies has EPs of about #1 equivalent to FIDELITY, FCMB, Caverton, all in the range of #1.7 to #2.3, and the 3 mentioned paid higher final dividend than UACN.
Fidelity paid 20 kobo,
FCMB paid 14 kobo,
Caverton paid 20 kobo,
while
UACN paid 10 kobo.
Can that range of #2 stock or below be the fair price of UACN main company?

3. My main worries still remains that, if after unbundling and no more buyer at side of UAC property which their accumulated negative earning will be - 612 kobo × 6 = -3672 kobo for the 6 unit allotments, who will bail one out at 20 kobo junction?

UACN paid 0.64k in 2018 and 0.10k in 2019 and we know that after Unbundling the support provided to UPDC will stop.

All things equal I see UACN paying 0.20k-0.50k after unbundling for 2020 year end.

However UPDC may drop as people rush to book profit but not as low as 0.20k.
Most likely in a range btwn 0.50k-N1.00

UPDC leaving UACN will no longer be biz as usual for the managers, in fact we could see increased buying interest as people start selling.
Other players may want to take up board positions.

It will present an opportunity to buy UPDC & REIT for long-term as I intend to keep this 3 stocks in my portfolio

stcool:


UACN paid 0.64k in 2018 and 0.10k in 2019 and we know that after Unbundling the support provided to UPDC will stop.

All things equal I see UACN paying 0.20k-0.50k after unbundling for 2020 year end.

However UPDC may drip as people rush to book profit but not as low as 0.20k.
Most likely in a range btwn 0.50k-N1.00

UPDC leaving UACN will no longer be biz as usual for the managers, in fact we could see increased buying interest as people start selling.

It will present an opportunity to buy UPDC & REIT for long-term as I intend to keep this 3 stocks in my portfolio

If there will be opportunity to book profit there is no problem. But manipulation is heavily presence in some stock in NSE, the insiders will make sure that UAC property stocks returns to 20 kobo before effecting the 6 units allotments to the UACN holders. Thereby causing people to cue up struggling to escape. Then after that within some years the stock will be receiving fresh air.

rebekah2011:
Diamond advanced about 66m dollars to JAPAUL for its operations. Unfortunately, the cash flows of the business could not service these loans and thus accumulated about 11m dollars in interests and penalties. When Access Bank took over Diamond, as per say Access bank managers no dey waste time, they demanded for their money and went all out to recover what was feasible. The way bank loans work sometimes is that you may continue to repay the interest on a loan without covering much of the capital. Banks will continue to charge and build up interest. At a time Japaul took Access Bank to court because of excess charges and that must have accounted for certain charges that were no longer required and had to be written back to income. https://www.proshareng.com/news/Frauds---Scandals/Access-Bank-vs-Japaul-Plc---FHC-Judgment/45247

I am not sure if Access bank has been able to get cash proceeds for all the assets disposed of. I think Access settled for a final payment of around 38b Note 11.3a tells the story better. The proceeds of the assets sold are in excess of N55b.

Rebekah2011's response to Mcy56 got hidden by the spambots two days ago is now visible. No need to quote the post so as not to get banned by the bots again

RabbiDoracle:


Those who entered this week will witness their first loss.

They will know what it means to lose money.

Casualties will be highly. US stock thread and other stocks platforms were buzzing in the last couple of days.

The FOMO was at a fever level.

fxuser:


wat i mean !
(https://commodity.com/technical-analysis/shooting-star/)
- expect some pull back
- watch for rejection wicks
- similar for FUGAZ

update
- watch for support , no go sell support ohh lollx

1kinggy:


Casualties will be highly. US stock thread and other stocks platforms were buzzing in the last couple of days.

The FOMO was at a fever level.

plenty retail traders tasting FOMO pepper lollx , good for RobinHood

dominique:


Rebekah2011's response to Mcy56 got hidden by the spambots two days ago is now visible. No need to quote the post so as not to get banned by the bots again

Maybe because she posted an external link.

Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

FrieslandCampina Rakes N12.4bn Profit in FY 2019, Offers N6.81 Dividend
https://businesspost.ng/economy/frieslandcampina-rakes-n12-4bn-profit-in-fy-2019-offers-n6-81-dividend/

NNPC to Halt Crude Sales Discount from July
https://businesspost.ng/economy/nnpc-to-halt-crude-sales-discount-from-july/

Honeywell, 7 Others Get Tax Holiday
https://businesspost.ng/economy/honeywell-7-others-get-tax-holiday/

dipoolowoo:
Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

FrieslandCampina Rakes N12.4bn Profit in FY 2019, Offers N6.81 Dividend
https://businesspost.ng/economy/frieslandcampina-rakes-n12-4bn-profit-in-fy-2019-offers-n6-81-dividend/

NNPC to Halt Crude Sales Discount from July
https://businesspost.ng/economy/nnpc-to-halt-crude-sales-discount-from-july/

Honeywell, 7 Others Get Tax Holiday
https://businesspost.ng/economy/honeywell-7-others-get-tax-holiday/

LOL,

Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

NASD Exchange is attracting the big boys

dipoolowoo:


Honeywell, 7 Others Get Tax Holiday
https://businesspost.ng/economy/honeywell-7-others-get-tax-holiday/

So just to remind us that Fidson and Wapco also are among those on tax holiday too ( as regards no WHT on declared dividends till 2022)

Mr Efficient....

From my experience on NSE, I know the most descent girls don't end up with the best husbands.

I checked that GTI recommendation and smiled in my heart. I know at least one stock that when it is ready, UBA will not see it's back for gains.
UBA can be VERY LAZY!

Most of the stocks having very high expected percentage gains are the ones the guys don load finish. By the time they return like 50% and you are getting excited to collect the remaining 37%, brokers don begin dey shed load while your new funds will still be entering due to excitement, then Gbagun kpaka boooom....the door don shut....

Make I chill dey look wayo, after all dem go come talk later say that one dey under review or no dey their coverage....

OBAGADAFFI:


LOL,

Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

NASD Exchange is attracting the big boys

See wayo ba?

Bull is coming, Sukuk Bond was oversubscribed by 346%. Where are most of this monies going to end at?

How about dangote sugar?
[quote author=Chibuking81 post=90583994]Investors stock pick
1. UBA 87.97%
2. GTB 52.30%
3. ZENITH 43.88 %
4. ACCESS 40.90%
5. FIDELITY 34.25%
6. WEMA 24.14%
They are banking stocks captured, and I think they are all good. Now and during next month bonanza

3 years Tax Free to Honeywell , it’s a good news abi. I am thinking of mopping it. Please house advice me about this free tax and it’s effect to the company.

What's going on with meristem sending a link for client update form over the weekend? https://forms.meristemng.com/client-update-form/?
Is this legit? Too much details being requested and I just wonder why I can't update this directly on my meritrade online account.

I am worried about it too. The SEC link document they quoted was to be implemented from April 1. I don't know why they sent that now.

on4a:
What's going on with meristem sending a link for client update form over the weekend? https://forms.meristemng.com/client-update-form/?
Is this legit? Too much details being requested and I just wonder why I can't update this directly on my meritrade online account.

OBAGADAFFI:


LOL,

Newrest ASL Nigeria Joins NASD Exchange After NSE Exit
https://businesspost.ng/economy/newrest-asl-nigeria-joins-nasd-exchange-after-nse-exit/

NASD Exchange is attracting the big boys

Newrest ASL delisted from NSE about 2 years ago.

Some companies delist in order to personalise the wealth of the business. ASL used to pay dividend of 30k, but paid a total special dividend of N6.80k within a year it was delisted. The stock sold for around N5.00 on the floor, interested shareholders were bought out at N7.70k per share

That stock is one of the stocks The Big smart guy recommended a week ago... I have loaded his two recommendations

DeRuggedProf:
From my experience on NSE, I know the most descent girls don't end up with the best husbands.

I checked that GTI recommendation and smiled in my heart. I know at least one stock that when it is ready, UBA will not see it's back for gains.
UBA can be VERY LAZY!

Most of the stocks having very high expected percentage gains are the ones the guys don load finish. By the time they return like 50% and you are getting excited to collect the remaining 37%, brokers don begin dey shed load while your new funds will still be entering due to excitement, then Gbagun kpaka boooom....the door don shut....

Make I chill dey look wayo, after all dem go come talk later say that one dey under review or no dey their coverage....

ositadima1:
Bull is coming, Sukuk Bond was oversubscribed by 346%. Where are most of this monies going to end at?

Treasury Bills at 4%, Commercial papers at 5% FG bonds at 11% etc were all oversubscribed. Over subscription did not start in 2020, most of the investors ie Pension fund managers, Insurance companies, Institutional investors are more concerned about safety and certainty of the returns on their Investments. Two years or less from now Investors who are currently accumulating shares selling at a discount, will definitely smile.