PETERiCHY:


BLAKELEY LLP a core INVESTOR in UACN

Sold 10m units on April 24th 2020
Sold 10m units on May 11th 2020
Sold 15m units on May 12th 2020
Sold 28m units on May 15rh 2020
Sold 40m units on June 17th 2020

Making it a total of 103million units of UACN BLAKELEY LLP sold within the last 3months at an average price of N6.60k.

BARGAIN HUNTERS TAKE NOTE!

emmanuelewumi:
Do you know that an investment that gives a constant monthly return of 10%, will grow N1 million to N3.1 million in a year, grow it to N9.4 million in 2 years and N29 million in 3 years when compounded.

To be sincere is this possible? I don't think so.

dinyelutochukwu:

They don’t need to. Just read a few pages back and they’ll get answers for most of their basic questions.

gloriousdawn:
I may be wrong, but I can not ignore this amount of cash that UACN is sitting on.
N6.75 cash per share, Q1 2020 report for a N7 per share stock.

Another Dangote Flour in the making.

drills:


I will only be worried if Blakeney' sales is not a cross trade. From the 3Q result you may just have another minority shareholders with 5% holding

gloriousdawn:
I may be wrong, but I can not ignore this amount of cash that UACN is sitting on.
N6.75 cash per share, Q1 2020 report for a N7 per share stock.

Another Dangote Flour in the making.

rebekah2011:
Can you please share the Q1 results, I cannot find it on the NSE website.

Tvegas:
This session was organized to help calm the nerves of foreign investors now awash with bailout dollars but worried about Nigeria’s faltering economy and its likely ability to trigger further devaluation. Mr. Emefiele did not confirm if another devaluation was in the offing.

Rabbidoracle, The above is from Nairametrics write up on a recent CBN event where fx issues were discussed. Even though i pray for the inflow of those free foreign funds there by leading to a massive bull. However, there is too much uncertainty in this market for that bull to happen anytime soon. The CBN is living in denial hence a second round of devaluation is inevitable. I also see the current sideways trades happening for a while.

emmanuelewumi:
Do you know that an investment that gives a constant monthly return of 10%, will grow N1 million to N3.1 million in a year, grow it to N9.4 million in 2 years and N29 million in 3 years when compounded.

To be sincere is this possible? I don't think so.

RabbiDoracle:


The only thing that can derail the bull on NSE is if there is another selloff in the global world markets(US and EU combined). And that run will be stopped abruptly because Fed will start to buy stocks

Fed has entered one-way! Dem no fit go back.

So markets may stay artificially inflated for a while due to increased pumping. Maybe if investors lose faith in the dollar and fear to hold dollar debt, na that time the main oso Abiola will happen.

Everyone is looking for which country will be safe to hold their hot money till the crisis in the US abates. They know that the US and EU stock markets are running faster than the economic recovery and this is an anomaly.

rebekah2011:
Can you please share the Q1 results, I cannot find it on the NSE website.

gloriousdawn:


http://www.nse.com.ng/Financial_NewsDocs/29891_U_A_C_N__OF_NIGERIA_PLC._FINANCIAL_STATEMENTS_MAY_2020.pdf

onegentleguy:


That dude(gloriousdown) is a smart fellow.
He simply computed the C&CE(drawn from the groups net cash flow accruals) and divided it by the OS to get that N6.75 peg.
The ratio, often refered to as cash per share(C/S) measures the health and relative strength of a company by looking in on how much CASH a coy has at its disposal to run a business and generate REWARD for shareholders.
It's a far better indicator to ascertain the reward potential of a coy than EPS, which is why I often laugh when I see some folks talk about only EPS here.
I have always said that indicators(whether in FA or TA) should always be utilized in collectives and never in isolation.

While C/S is ok, as it also took into cognizance all possible adjustment in Fx rate, it doesn't tell the whole story.
There is more to UACN than most folks already know. ...CR, AGPR, AER, EFIR, EM and more !!

Because of the virtual outcry here, I do not wish to do any more expository analysis on UACN.
People should PLS SELL their holdings, so those who appreciate VALUE can mop up more.
Soon, some persons will begin to see "the light"
For though they see the financial print now, they do not see the feasible REWARD.

We have since stoped talking about UACN.

Selah

Frankfuse:


Were you referring to MBA forex?, I hear 10% is their monthly roi for 6 months.

Frankfuse:


Were you referring to MBA forex?, I hear 10% is their monthly roi for 6 months.

Chibuking81:
Peter Guinness has pass your junction, now at #15

robobo:


Hello Chief

kindly avail a link to the said write up.

Thank you

robobo:


Chief i totally agree with ur postulation (Fed printing / hot money) but the last leg of it (i.e. the flow towards emerging market a la i.e. NSE) is what other commentators are calling attention to. Considering the peculiarity of the regulatory environment of NSE (i.e. CBN FX regime) dont u think the inflow would be late in coming (if at all it come) because the FPI might want to give attention first to other emerging market ( e.g. Turkey / Egypt e.t.c) without the type of CBN FX regime isue but with similar return to NSE (rsik / reward). Also that when they eventually come in what wld be left wld be crumbs (other markets having eating to satisfaction before they look at the side of NSE) hence this crumb might not be much to spectacularly move NSE.

I would appreciate your take on above

megawealth01:
Na wetin I fit risk in millions for there

stcool:


Guinness that I will buy @N9.00

PETERiCHY:


LOCO this month of JUNE the WALLS of JERICHO will FALL APART.
So GO and OIL your GUNS and SHOT at SIGHT any ANIMAL you SEE

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


The WALLS of JERICHO has falling APART
GUINNESS now at CARDINAL STONE N15:00k TARGET PRICE.

BARGAIN HUNTERS TAKE OVER!