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Nigerian Stock Exchange Market Pick Alerts - Investment (5913) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:54am On Aug 04, 2020
@oga naturalflow , jamace , leo123, Salvtionone, justcal, ukay2 , coolcash , mercy and other ogas i forget to mention.

i thank u all for asking after cp while away. was very okay i only follow oga Agba go village and they have no network thru out my stay. i met oga mendes911 at the village too

grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 9:03am On Aug 04, 2020
Mpeace:
If I were on uacn I wouldn't sell now. Just wait and see if they share the proceeds of the sale.

Secondly, NSE is unpredictable, so don't be surprised to see uacn on full bid tomorrow.

Even if they share N1 dividend from sales which is very unlikely for them, I wont touch this stock again.

Unbundling was the best reward to shareholders in my opinion after all this years.
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 9:05am On Aug 04, 2020
currentprice:
@oga naturalflow , jamace , leo123, Salvtionone, justcal, ukay2 , coolcash , mercy and other ogas i forget to mention.

i thank u all for asking after cp while away. was very okay i only follow oga Agba go village and they have no network thru out my stay. i met oga mendes911 at the village too

grin grin grin grin

Welcome Sir and happy belated birthday.

So good to see you again here.

I always gain so much from your wealth of knowledge and experience in equity market.

Hope to see Oga Agbalowomeri soon too....
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:08am On Aug 04, 2020
ukay2:


Welcome Sir and happy belated birthday.

So good to see you again here.

I always gain so much from your wealth of knowledge and experience in equity market.

Hope to see Oga Agbalowomeri soon too....

Agba will be back soon na once every week we day see transport go/come from the village

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 9:12am On Aug 04, 2020
meshpips:
My heart goes out to @currentprice at this time.
He has traded oil almost exclusively for the past few years.
With the turmoil in the market and the increased volatility seen in recent time, I do hope that he and his trading accounts are fine.
Please anyone who has a method of reaching him directly should do so, let's be sure that he is okay.

veecovee:


Thanks a lot ...
But when it comes to riddles, I know @currentprice for it.
Chaiii !! I hope he is ok financially and otherwise

Chi!!... see post o

grin shocked grin
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 9:28am On Aug 04, 2020
if one has entered uacn then have faith................................. i think diamond bank and dangote flour scenerio is being replayed here............after all dooms day prophesy it turned out nice for holders...................... all na risk grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 9:43am On Aug 04, 2020
currentprice:
@oga naturalflow , jamace , leo123, Salvtionone, justcal, ukay2 , coolcash , mercy and other ogas i forget to mention.

i thank u all for asking after cp while away. was very okay i only follow oga Agba go village and they have no network thru out my stay. i met oga mendes911 at the village too

grin grin grin grin

Happy to have back bro and happy belated birthday.

Hope your sabbatical leave is over and ready to continue making your insightful and revered contributions like other gurus on the platform.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:00am On Aug 04, 2020
maishai:
if one has entered uacn then have faith................................. i think diamond bank and dangote flour scenerio is being replayed here............after all dooms day prophesy it turned out nice for holders...................... all na risk grin grin grin

I have learnt not to enter the stock market with hope.

Faith is not a tool neither a strategy in trading stocks.

The stock awaits sentimental analysis now.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by akinssan(m): 10:05am On Aug 04, 2020
currentprice:
@oga naturalflow , jamace , leo123, Salvtionone, justcal, ukay2 , coolcash , mercy and other ogas i forget to mention.

i thank u all for asking after cp while away. was very okay i only follow oga Agba go village and they have no network thru out my stay. i met oga mendes911 at the village too

grin grin grin grin

Cccccccccccccccccccp

How village...heheheh
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:06am On Aug 04, 2020

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by dinyelutochukwu: 10:06am On Aug 04, 2020
I trust you all have seen UACN on full Bid, just 5mins into the day. grin

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by lostinHeaven: 10:07am On Aug 04, 2020
UACN on full bid grin grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 10:10am On Aug 04, 2020
dinyelutochukwu:
I trust you all have seen UACN on full Bid, just 5mins into the day. grin

Shuu !! ...don't say anything.
Just be following and enjoying their post. wink cheesy grin
Be looking at them like LUKMAN, and smilling like ISMAILA. grin grin grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by meine: 10:20am On Aug 04, 2020
dinyelutochukwu:
I trust you all have seen UACN on full Bid, just 5mins into the day. grin

onegentleguy:

Shuu !! ...don't say anything.
Just be following and enjoying their post. wink cheesy ;DBe looking at them like LUKEMAN, and smilling like ISMAILA. grin grin grin

If the stock like make he enter North East and Sambisa forest ,it doesn't change its fundamentals and the fact that there is nothing in it for retail shareholders for now except they announce a special dividend.

A lot of money miss road may interprete the recent acquisition differently. At the end water will find its level.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:29am On Aug 04, 2020
UAC to me has no value for that their current PRICE... Nobi how market start we dey take know better product... Las Las E go come to OANDO levels grin
meine:




If the stock like make he enter North East and Sambisa forest ,it doesn't change its fundamentals and the fact that there is nothing in it for retail shareholders for now except they announce a special dividend.

A lot of money miss road may interprete the recent acquisition differently. At the end water will find its level.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:30am On Aug 04, 2020
Uacn is not intending to rally o.
Nsempa's you have the opportunity to bail out now or you drown.

What you see now is Janet call to those who can see.

After this,Good bye Janet

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Jayjaycee18: 10:33am On Aug 04, 2020
In spite of the obvious deceit by UACN's Mgt regarding the proposed "unbundling", i have a positive outlook on UACN after this deal with Custodian to acquire 51% of UPDC.

While the initial plan to unbundle and issue out (or dash out) shares of UACN in UPDC and UPDC's shares in UPDC REIT to existing shareholders, is most desirable and beneficial to long-suffering shareholders, getting an investor to acquire 51% of UPDC provides the required funds for UACN to enhance the coy's business model and long-term profitability.

If UACN Mgt utilizes these new funds from Custodian efficiently, a potential long-term increase in dividend yield and price appreciation should compensate shareholders for the lost bonus shares from the cancelled unbundling exercise.

Well, let's await both time and Mr. Market's verdicts on these postulations.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:44am On Aug 04, 2020
For investors holding UACN and UPDC is a smart choice.
Re: Nigerian Stock Exchange Market Pick Alerts by sellydion: 10:47am On Aug 04, 2020
The problem is that the Management is dishonest.

They do not have the interest of shareholders at heart, they careless about you.

Fingers crossed while we see what they would do with the proceeds. grin


Jayjaycee18:
In spite of the obvious deceit by UACN's Mgt regarding the proposed "unbundling", i have a positive outlook on UACN after this deal with Custodian to acquire 51% of UPDC.

While the initial plan to unbundle and issue out (or dash out) shares of UACN in UPDC and UPDC's shares in UPDC REIT to existing shareholders, is most desirable and beneficial to long-suffering shareholders, getting an investor to acquire 51% of UPDC provides the required funds for UACN to enhance the coy's business model and long-term profitability.

If UACN Mgt utilizes these new funds from Custodian efficiently, a potential long-term increase in dividend yield and price appreciation should compensate shareholders for the lost bonus shares from the cancelled unbundling exercise.

Well, let's await both time and Mr. Market's verdicts on these postulations.
Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 11:12am On Aug 04, 2020
Insider Dealing: Zenith Bank’s non-Executive Director Purchases 578,574 Zenith Shares

Zenith Bank Plc on Monday disclosed that a non-Executive Director, Prof. Oyewusi Ibidapo-Obe, purchased 578,574 shares of Zenith Bank Plc.

In a statement released on the Nigerian Stock Exchange and signed by Michael Osilama Otu, Company Secretary/General Counsel, Zenith Bank, the lender said the transaction took place on May 15th 2020 at the Nigerian Stock Exchange in Lagos.

https://investorsking.com/insider-dealing-zenith-banks-non-executive-director-purchases-578574-zenith-shares/

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:14am On Aug 04, 2020
OBAGADAFFI:
For investors holding UACN and UPDC is a smart choice.


UAC-PROP on full-bid

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:23am On Aug 04, 2020
They want to lift that small bank of the North and after it will return to the usual bus stop.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:40am On Aug 04, 2020
dinyelutochukwu:
I trust you all have seen UACN on full Bid, just 5mins into the day. grin
That full bid is a two mins man, e no last.
Re: Nigerian Stock Exchange Market Pick Alerts by ebuka1997: 11:40am On Aug 04, 2020
Uacn bull trap
Re: Nigerian Stock Exchange Market Pick Alerts by Tvegas(m): 11:45am On Aug 04, 2020
The volume of Mouth on UACN matter in this thread won't allow it to rise even if it wants to rise. I have never seen a more polarising stock. UACN is the Donald Trump of NSEMPA. grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Jerekre(m): 11:51am On Aug 04, 2020
currentprice:
Let me come and greet my bsnl on my bornday grin

Ekuu Mkt O

be fearful when others are greedy


grin grin grin grin grin grin grin
Happy belated Birthday @currentprice
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 11:52am On Aug 04, 2020
locodemy:


You see your life?
You no fit dash me #100 airtime from the #500.

Better no go there again.Tomorrow na my own turn.
lol at the bolded.

Jideflash was banned
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 11:53am On Aug 04, 2020
FLOUR MILLS NIG shakara full-bid ended
Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 12:03pm On Aug 04, 2020
Custodian Investment to Purchase 51% Stake in UACN Property Company

The management of UAC of Nigeria Plc on Monday announced that they have entered into a binding agreement with Custodian Investment Plc for Custodian to acquire a 51 percent equity interest in UACN Property Development Company Plc (UPDC) from UAC.

In the statement released by the UAC of Nigeria on the Nigerian Stock Exchange, the company said Custodian will acquire 9,465,584,668 UPDC ordinary shares held by UAC, representing 51 percent of UPDC’s issued share capital.

The company further stated that the sale of shares will be done in two tranches.

https://investorsking.com/custodian-investment-to-purchase-51-stake-in-uacn-property-company/
Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 12:06pm On Aug 04, 2020
OBAGADAFFI:
FLOUR MILLS NIG shakara full-bid ended

Not easy to do 184% increase in PAT.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Truth234(m): 12:07pm On Aug 04, 2020
Tvegas:
The volume of Mouth on UACN matter in this thread won't allow it to rise even if it wants to rise. I have never seen a more polarising stock. UACN is the Donald Trump of NSEMPA. grin grin

Once the new deal is priced in, it won't rise.
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 12:08pm On Aug 04, 2020
Jayjaycee18:
In spite of the obvious deceit by UACN's Mgt regarding the proposed "unbundling", i have a positive outlook on UACN after this deal with Custodian to acquire 51% of UPDC.

While the initial plan to unbundle and issue out (or dash out) shares of UACN in UPDC and UPDC's shares in UPDC REIT to existing shareholders, is most desirable and beneficial to long-suffering shareholders, getting an investor to acquire 51% of UPDC provides the required funds for UACN to enhance the coy's business model and long-term profitability.

If UACN Mgt utilizes these new funds from Custodian efficiently, a potential long-term increase in dividend yield and price appreciation should compensate shareholders for the lost bonus shares from the cancelled unbundling exercise.

Well, let's await both time and Mr. Market's verdicts on these postulations.

A company that even the Chairman at his age is full of deceit, coupled with a cowboy CEO grin

You want to do long term with UACN with the hope they would utilize the proceeds from the sale well grin grin grin

If they care about you, shareholders will get a special dividend.

Once they talk about re-investing back into UACN...lmao...lmfao grin grin grin

"Better give a dog bone to hold than leave it with UACN management."

2 Likes

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