NewStats: 3,259,754 , 8,170,808 topics. Date: Sunday, 25 May 2025 at 09:57 PM 6i5b2r

egojeny1:
MUTUAL BENEFIT

I no kuku see buy. Make I cancel order manage the one wey I get before

ojeysky:
@Loco is this the chams bull we are waiting for

Still head above N2 water.. Japaul don submerge.. Jegede get us back to N2 and above

SonofElElyonRet:

I no kuku see buy. Make I cancel order manage the one wey I get before

Same as ETRANZACT, there's a huge number of buyers lined up, but no sellers in sight.
890K+ units in bid demand but just one tiny offer of 923 shares, and it’s sitting way above current bids.
...Wide spreads, poor execution, & slow trade

Interesting. Sellers are keeping UBA price beaten down despite the fantastic Earnings and dividends. Well that's how they sold it down to N3 some years back, resisted it rising above N7 also some years back. This market

Ellahlakes sellers selling steadily. Perhaps mngt and staff paid in shares are booking some money into their pockets. Loaded more yesterday and today. Pray they succeed in the Oil Palm business.

Seeing Chinese BYD news - It beating Tesla in 2024 sales. And watching and reading up on BYD some time back and how they are poised to grow massively in the coming years. It's worth noting Warren bought $230 million worth of BYD in 2008 and that his investment is worth $5.5 billion today. That's more than x20 returns.

SonofElElyonRet:

I no kuku see buy. Make I cancel order manage the one wey I get before

Nobody go sell ...
U should start checking out for offers
at N1 above

BabsO2:
Interesting. Sellers are keeping UBA price beaten down despite the fantastic Earnings and dividends. Well that's how they sold it down to N3 some years back, resisted it rising above N7 also some years back. This market

Ellahlakes sellers selling steadily. Perhaps mngt and staff paid in shares are booking some money into their pockets. Loaded more yesterday and today. Pray they succeed in the Oil Palm business.

Seeing Chinese BYD news - It beating Tesla in 2024 sales. And watching and reading up on BYD some time back and how they are poised to grow massively in the coming years. It's worth noting Warren bought $230 million worth of BYD in 2008 and that his investment is worth $5.5 billion today. That's more than x20 returns.

Warren has just been "doing" over the decades
Like he is an enigma

SonofElElyonRet:
I no kuku see buy. Make I cancel order manage the one wey I get before

As you no see buy, seems something is happening in STI, maybe new investor or institutional investor(s) taking position.....

Last week, close to N2bn in cross deals....
Today, another 600M units crossed....

** Just observation.......and I think I mentioned this STI sometimes ago too.....
Not any form of advice anyway....cos I don't know what's happening inside. DD applies**

* Anyone with info on the buyer should pls share.....NGX ought to declare this at least.

[quote author=yMcy56 post=134717734]
Sis Mercy, I have a concern about Afripud and UCAP, most especially Afripud, is this a good time to buy? What is the reason for the sharp decline in their share price?
Please advise 🙏

Thank God the whole Oando daily discuss has ended.. But this place is now boring without the fights. Current SP don humble everyone.

Sup with Lafarge?

[quote author=Engrblessing post=134717869][/quote]

* UCAP declared dividend + bonus of 2:1 (2 new for every 1 held) and had since been added to individual's CSCS .
This was what reflected in the share price.
** your broker to add it to your trading portfolio.

* AFRIPRUD recently declared dividend of 0.60k + bonus of 1:1 (1 new for every 1 held)
Qualification date was last week Friday and was marked down this week.
That was why the share price came to current price.
** Bonus and dividend yet to be paid.

yMcy56:


Thank you so much 👍

* UCAP declared dividend + bonus of 2:1 (2 new for every 1 held) and had since been added to individual's CSCS .
This was what reflected in the share price.
** your broker to add it to your trading portfolio.

* AFRIPRUD recently declared dividend of 0.60k + bonus of 1:1 (1 new for every 1 held)
Qualification date was last week Friday and was marked down this week.
That was why the share price came to current price.
** Bonus and dividend yet to be paid.

ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

RodgersAkpafu:


Warren has just been "doing" over the decades
Like he is an enigma

It will be nice to see why he invested in BYD.

Sold something and bought just a little more UBA. Could not resist the N37 that has a N3 dividend attached. Also knowing the last rights which I didn't take was done at N35. A nice point I hope,

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

Access is definitely a good buy at this price. The worst case scenario is that they will declare N1.50k dividend. There is good hope of capital appreciation. Will have to load more before the result hit the market.

SonofElElyonRet:

I no kuku see buy. Make I cancel order manage the one wey I get before

Eyaa, sorry

Definitely from next week the bids will ease off

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

The baddest bargain hunter is back.

Once a bargain hunter, always a bargain hunter.
I recall how great champions e.g. Mohammed Ali, George Foreman, Tyson etc. came out of retirement because of the mullah!
You made similar calls on other stocks and all turned out positive

What is happening to Access looks similar to what happened to GT about 2 - 3 years ago when it was selling at N17

yMcy56:

As you no see buy, seems something is happening in STI, maybe new investor or institutional investor(s) taking position.....

Last week, close to N2bn in cross deals....
Today, another 600M units crossed....

** Just observation.......and I think I mentioned this STI sometimes ago too.....
Not any form of advice anyway....cos I don't know what's happening inside. DD applies**

* Anyone with info on the buyer should pls share.....NGX ought to declare this at least.

Thanks.

egojeny1:

Eyaa, sorry

Definitely from next week the bids will ease off

Thanks my sister

jonnysessy:



Access is definitely a good buy at this price. The worst case scenario is that they will declare N1.50k dividend. There is good hope of capital appreciation. Will have to load more before the result hit the market.

Wey Mega...

Willie2015:


Nobody go sell ...
U should start checking out for offers
at N1 above

No be me. I get 1 million units before. I go manage am

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

What makes you think that UBA will not go back to it?😂

ARADEL. ±
CONOIL. ±
ETERNA. +3.91%
OandO. ±

And currently trading @ about 30%+ the price of GTCO.

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

Agbalowomeri:


What makes you think that UBA will not go back to it?😂

Back on the pessimist/discourager beat

BabsO2:


It will be nice to see why he invested in BYD.

Sold something and bought just a little more UBA. Could not resist the N37 that has a N3 dividend attached. Also knowing the last rights which I didn't take was done at N35. A nice point I hope,

You did not factor transaction fees(on sold and purchase) for the new purchase, though your name will be in the in T+3 days while RI at no transaction fee but may not qualify for the dividend.
I may not be correct in my assumptions.

Agbalowomeri:


What makes you think that UBA will not go back to it?😂

Agbalowomeri, I duff my cap for you. Anything is possible in NGX. But, this your prediction can't happen now. In fact, I am still waiting to pick Guaranty Trust Bank at your low price. I hope the bus never leave me. I am still waiting because I trust your judgement and permutations. 😛😛😛😜😜😜🤪🤪🤪

Only the truly brave see diluted bank shares as a "bargain" as interest rates fall.

Who wants to volunteer to catch a falling knife?

PETERiCHY:
ACCESS BANK is trading @t almost half the price of UBA.

BARGAIN HUNTERS WATCH THAT SPACE 🚀

RodgersAkpafu:


That's a defendable argument
But let me present a counter

When a company makes say x billion naira this year
they can either pay out some in dividend, or reinvest into capital expansion that will increase the value of the firm long term....

If the dividend is paid out now, it is paid out as present value, t
And the investor can do what they like with the proceeds

However, if they go for capital expansion
and truly the value of the firm rises in 5 years
Using the last three years as a reference, inflation AND devaluation at that rate has "rendered useless" any capital gain over 5 years , making the argument that it was better to pay out the cash at period t, and t +1 when the naira still had more value values

Hmmmmm , If you have to wait for 5 years for capital appreciation to hedge devaluation and inflation in the nse , you might be better of in fixed income or other stuffs then

rmx:


Hmmmmm , If you have to wait for 5 years for capital appreciation to hedge devaluation and inflation in the nse , you might be better of in fixed income or other stuffs then

That's the typical long term horizon
5 years
is it not better to take cash upfront at present value

than to reinvest in an uncertain environment and is also facing twin demons ?

I million naira proceed in 2021
1 million naira proceer today

there is a huge huge gulf

RodgersAkpafu:


That's the typical long term horizon
5 years
is it not better to take cash upfront at present value

than to reinvest in an uncertain environment and is also facing twin demons ?

I million naira proceed in 2021
1 million naira proceer today



there is a huge huge gulf

There are better alternatives in the fixed income space then , why take the risk of nse just for dividend if capital appreciation is not a driving factor if you are considering hedging those two forces

RodgersAkpafu:


That's the typical long term horizon
5 years
is it not better to take cash upfront at present value

than to reinvest in an uncertain environment and is also facing twin demons ?

I million naira proceed in 2021
1 million naira proceer today

there is a huge huge gulf

Can get more cash upfront with fixed income

rmx:


Can get more cash upfront with fixed income

Treasury bills, yea

Fixed income like bonds...
Well, not exactly
it's periodic