Krisuba:
It's like people are tired of waiting for d almighty DanFood to arrive!!

Krisuba:
It's like people are tired of waiting for d almighty DanFood to arrive!!

USAfall2024:
Nascon (#66.00) closed 10% higher than DanSugar (#60.00) today . Is there any change with the merger scheme? Everything looks uncertain at this point.

vacanci:


all because someone made a panic purchase of Nascon today. That's what i can deduce. probably an insider information

vacanci:


all because someone made a panic purchase of Nascon today. That's what i can deduce. probably an insider information

USAfall2024:
Nascon (#66.00) closed 10% higher than DanSugar (#60.00) today . Is there any change with the merger scheme? Everything looks uncertain at this point.

megawealth01:
That FBN eh... Na game of control dey happen sha

yMcy56:

No be small thing.....
FBNH closed @34!
ZENITH: @35.30
GTCO: @39.50

Elephant trying to teach ZEE some lessons on how to be a leader, it's not by carrying most capitalized banking stock for head alone....
* I guess we should be expecting better dividend from FBNH as well.

ndept:
Audited financial statement of DS and NASCON is just in the next 3 days. Dangfoods consumation/processing thereafter. Patience is key.

essentialone:
17 MOST PENNY STOCKS, PRESENTLY IN THE NIGERIAN STOCK MARKET

(Which ones among them, have the fundamentals, or sentiments, to rally to above 500% in 2024?)

Associated Bus Company
Daar Communications
Deap Capital Management & Trust
Guinea Insurance
Juli Plc
Mutual Benefits Assurance
Secure Electronic Technology
Omatek Ventures
Prestige Assurance Company
Regency Alliance Insurance
Royal Exchange
RT Briscoe
Sovereign Trust Insurance
Tantalizers Plc
Universal Insurance Company
Veritas Kapital Assurance Plc
Wapic Insurance

essentialone:


Without so many people noticing, Ticker: Juli Plc, has been making an uptrend and what caught stock analysts’ attention is that the supposed cheap stock is getting expensive already. Food/Drug retailer Juli Plc has been capping gain of about 10%, up from N1.22 to N2.57. In the last seven trading sessions, it sustained positive price movement despite highs and lows moment in the local bourse.
Who owns the company? Wema Bank is a major investor in Juli Pharmacy, controlling 30% of the company’s shareholding. It is followed by that of Prince Julius Adelusi-Adeluyi, OFR, mni, who controls 28.63% of the company, while Midas Investment & Property Limited own 8.53% of the company.
It is currently trading through an alternative securities market, meaning that Juli Pharmacy has strong growth potential and could be moved to the NGX growth board based on performance. After its price re-rating, Juli Pharmacy’s market value has increased to about N426 million with shares outstanding of about 200 million. The pharmaceutical company’s turnover grew to N288.777 million in 2023, according to its regulatory filing. This represents an increase of 13.64% year on year when compared with N254.1 million revenue posted in 2022. Its gross profit settled at about N96 million in the period, which was 8.5% above N88.461 million in 2022. A fast increase in costs of sales dragged the company’s profit margin lower in 2023, its financial statement posted on the Nigerian Exchange showed. Juli Plc’s gross profit margin declined to 33.21% in 2023 from 35% in 2022 as costs of sales accelerated faster than revenue growth. The company ended the year with more than N6.7 million loss after tax, which happened to be an improvement from a post-tax loss of N11.068 million 12 months earlier. A deep dive into the company’s numbers showed that management efforts at reducing overhead have not started to pay off. Operating expenses remain a bigger drain to healthy bottom-line performance.
In 2023, the company’s operating expenses surged by 3% to N102.6 million from N99.529 million in 2022. The Company was incorporated on 14th September 1972 as a private limited liability Company under the name of Juli Pharmacy (Nigeria) Limited.

Boshins:
https://nairametrics.com/2024/02/26/fbnh-is-now-most-capitalized-banking-stock-in-nigeria-topples-gtco/

Deadlytruth:

Have you considered the problem of illiquidity of the stock?

Krisuba:
It's like people are tired of waiting for d almighty DanFood to arrive!!

KarlTom:
Ding!

KarlTom:
DANGSUGAR has been trading for below its last price for days
I will go with your latter presumption though

yMcy56:
BUAFOODS sighted at above 400 intra-day?

I think Sugar/Salt is presenting a good opportunity for those who can wait and be patient.

We don dey talk this thing here now, when market is battering both, when it took off, someone will now come out to ask if it's good for buy....
My ogas are there to answer, make dem count me out.

We don't even know the games those guys are playing again......na Siddon look we dey for now...

KarlTom:
Like I said yesterday, same thing is currently happening with NASCON.
The MM are kings of the business of manipulation.
Raise the last price to maximum then commence trades of less than 100k units at 'full offer rate'
So far over 6million units of the almost 10million traded today have been at 64naira or below...



The BUAFOODS game is an open challenge to DANGFOODS.
There's a gold mine here.
I am just skeptical about what the entry price of DANGFOODS will be...

KarlTom:
What's happening with NASCON

megawealth01:
GAME

vacanci:
https://doclib.ngxgroup.com/Financial_NewsDocs/40380_DANGOTE_SUGAR_REFINERY_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_FEBRUARY_2024.pdf

meeting postponed by 1 day