Mcy56:

Let's wait and see how Mr. Market respond to it.
My interpretation, if they could be willing to pay as high as that for the units they are picking up, then it means FO is currently undervalued be that.

Or, it could mean thats what they want you to think.

735i:


If i were you, i'd start realizing my losses. 500,000 units is too small for it to move the share price.

Before I do I need to understand some thing:
Would they be buying the share from one individual? If not what is the selection process?

735i:
Or, it could mean thats what they want you to think.

I dont think so. The offer paper is already published on NSE website na....and I guess this price (N66) was rumoured some times ago.

The offer document is clear oooo. They want to acquire just 500,000 units to take their holdings to just 74%. They want the company to remain listed on the stock exchange. They must have identified the shareholders that will agree to cross deal the shares to them. That the stock has not gone on bid surely means that there is no reason to be excited. This company needs the eagle eyes of the regulators.

Mcy56:

Let's wait and see how Mr. Market respond to it.
My interpretation, if they could be willing to pay as high as that for the units they are picking up, then it means FO is currently undervalued be that.

Mcy56:

Let's wait and see how Mr. Market respond to it.
My interpretation, if they could be willing to pay as high as that for the units they are picking up, then it means FO is currently undervalued be that.

i believe so

i think i posted weeks ago on this FO when d result released

meshpips:


Greetings ma'am,

Many years ago, I had to make a choice between affiliate marketing and currency trading. These in my opinion are the ones that present the individual with some of the best opportunities.

In my honest opinion EVERY human being is supposed to get a bit of money from the over $5 trillion that exchanges hand daily in the FX market. Think about this:

The world population is somewhere around 6.6 billion while over $5 trillion exchanges hand daily in the currency market.

If we wanted to EQUALLY distribute what changes hand in the currency market among each and every person on the face of the earth then each person should get at least

$5,000 billion/6.6 billion = $757.57 per day.

Yet UNICEF has it that majority of Nigerians live on less than $2 per day and there is about $750 obtainable from the currency market each day.
https://www.google.com/amp/s/punchng.com/152-million-nigerians-live-on-less-than-2day-afdb/amp/

You can also consider offering professional services on freelance sites (www.guru.com, www.elance.com etc).

Kindly avoid HYIP (high yield investment plans).

I hope this helps.

Do enjoy your evening.

I made this post sometime last week and someone who has "book" or "head" knowledge tried to make light of the contents therein.

Here is what I have made today alone from the currency market and there is still one last trading session to go.

Having a RELATIONSHIP with the subject matter in question is very different and distinct from "book/head" knowledge.

Be guided! Even a fool is considered smart until he opens his mouth to display his foolishness. Let's be slow to speak if what we have is "book/head" knowledge.

currentprice:


i believe so

i think i posted weeks ago on this FO when d result released

I also think it is undervalued at current price.
However, FO is a juju stock, the more you look the less you see

*Edited - FP seen*

meshpips:


I made this post sometime last week and someone who has "book" or "head" knowledge tried to make light of the contents therein.

Here is what I have made today alone from the currency market and there is still one last trading session to go.

Having a RELATIONSHIP with the subject matter in question is very different and distinct from "book/head" knowledge.

Be guided! Even a fool is considered smart until he opens his mouth to display his foolishness. Let's be slow to speak if what we have is "book/head" knowledge.

Just multiply that by 365 and you are a millionaire

Agbalowomeri:
Wapco very good for medium to long term

You don dey come small small ... From long-term now it's medium to long-term... Maybe by next week u go switch to short term

pluto09:



I also think it is undervalued at current price.
However, FO is a juju stock, the more you look the less you see

may be thatz was d time non controlling interest chopping large portion of their earnings. all earning made now is for the ordinary holder

Calebbold:


You don dey come small small ... From long-term now it's medium to long-term... Maybe by next week u go switch to short term

Lol people wicked o

Agbalowomeri:


Just multiply that by 365 and you are a millionaire

Abi na

meshpips:


Here is what I have made today alone from the currency market and there is still one last trading session to go.

Thanks Meshpips. So what do you want me to do now?

currentprice:
hope you know that no stock is immune to the present Bear
the stock is jamace stock

currentprice:
fair price base on Q2 report alone is N39
though financial income jack it up but without the financial income the fairprice still not bad they have good oxggen ^cash

CP, I went to dig your posts out. So I got the Fair Price now based on their last report.

^
^^


i like company with enough o2 ^cash

okomu is the front runner with plenty o2 though the H1 earnings not dt good but when valued based on cash it selling at discount

follow by presco ,Dangote cement, dangote sugar etc

Calebbold:
You don dey come small small ... From long-term now it's medium to long-term... Maybe by next week u go switch to short term

swilo:


Thanks Meshpips. So what do you want me to do now?

Begin dance AWILO Logomba

^
^^

Lol.. i notice that also

pple can see the reason it good to view thru 3rd party site rather than cut and paste thingz or follow Live Alert

Discombobulated knowledge
eeeewwwwoooooooo

The reason why FORTE OIL price closed higher today...

Take over bid of 500,000 extra shares at N66

https://www.proshareng.com/news/Stock---Analyst-Updates/Forte-Oil-Plc-Releases-Document-On-Take-/46804

u can see how he turn $25k to $1m on demo but can not achieve same on real

demo is free from emotional trading cos nothing to lose but try real then u will discover urself. impatient will first kill u

anyway let me go SELL my oil make $$

currentprice:
^
^^

Lol.. i notice that also

pple can see the reason it good to view thru 3rd party site rather than cut and paste thingz

Don’t mind him, he’s not wise at all. Link your account, funds will vet it, na you go reject offers. There’s a guy in the US that has trading venues in some European countries including Uzbekistan.

Whoever you are, they’ll give you funds but control the risk. Once you lose .5% in day you close shop. How can you lose over 10% of your account in 2 days and you say you’re a good trader. Placing a standard lot size on a few bucks.

The annoying thing is that I know many like him. They are overconfident but don’t have anything to show because the market always humbled them. They result to this tactics because they refuse to learn that with the market, you don’t know it all.

[quote author=Northeastern post=81695294]I no tell una say the guy na who to scam him dey find! He’ll only rushes to post the pan in a flash wins from his discombobulated knowledge.

Kindly account for the depletion in the account below.

Where is he? Come and explain this or else We are signing ur arrest warrant straightaway!!

Agbalowomeri:
Discombobulated knowledge
eeeewwwwoooooooo

How I wish dis kain grammar will cause BULL for NSE, I for dance Awilo Logomba for here o.

Agbalowomeri:
Discombobulated knowledge
eeeewwwwoooooooo

Na you I learn am from, the author don edit him post

Agbalowomeri:
Discombobulated knowledge
eeeewwwwoooooooo

jamace:
Begin dance AWILO Logomba

Krisuba:
Where is he? Come and explain this or else We are signing ur arrest warrant straightaway!!

it simple now, he will claim withdrawal

currentprice:


it simple now, he will claim withdrawal

Hope he will not come with another moniker...

October 12, 1492, it is said that Italian explorer Christopher Columbus officially discovered America meanwhile when he got there people were already living there.

currentprice:


it simple now, he will claim withdrawal

My thought exactly