₦airaland Forum

BabsO2:
Ding !

Raider76:
In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.

HesInMe:
If you believe that a major cement maker exited Nigeria, once considered a high-growth cement market, because of carbon, then you have no clue how rich men think.

What these multinational executives seek the most to support their stock prices at home is profitable growth. But Nigeria technically hasn't stopped growing: 70% of our population is under 30 years, so we'll need cement and other building products to construct new homes, bridges, and landmarks for decades to come.

So why are they leaving? And why, too, did Nestle leave, even though almost as many babies are born in Naija each year as the entire population of Switzerland, their home base? Why is Guinness abandoning a young, bustling market of alcohol lovers?

They're leaving because Nigeria's currency devaluation makes that organic opportunity turn negligible when translated to their own currency. That's why the Large deal is happening in the first place. It is Econ 101 playing out in real life.

vacanci:
Is there a possibility that the new owners could flood the market with high offers to crash the price only to prevent a MTO at a higher price than expected or to manipulate the exit price?

megawealth01:
Kukuma call Oando no body go swallow

yMcy56:
Mandatory Takeover is not delisting!!
It's just in compliance with, and in fulfilment of the Rules guiding bulk purchase from Majority Shareholder(s).

The MTO may just be 1% from other Minority Shareholders just to fulfil the Rules & Regulations guiding the transfer from the majority shareholder.

We have seen it played out at different times on some stocks in NGX.
Delisting may eventually come if the new majority owner so wish, but definitely, MTO is not it.

Happy New Month to All.

emmanuelewumi:
From Meta AI

emmanuelewumi:
Mandatory Tender Offer

robobo:
From above for a Lafarge Nigeria with a capacity of 10.5m/t the

Upper buy could be 10.5 by $133m equals $1.4bn @ 1600/$ gives N2.24 trillion with outstanding shares of 16.11bn gives a valuation of N139 per share

The average buy could be 10.5 by $89m equals $935m @ 1600/$ gives N1.5 trillion bn with outstanding shares of 16.11bn gives a valuation of N93 per share

Lower buy could be 10.5 by $40m equals $420m @ 1600/$ gives N672 million with outstanding shares of 16.11bn gives a valuation of N42 per share

i have some few units of Wapco so i might be blinded by sentiment

HesInMe:
No vex, WAPCO shareholder here. what's this "MTO" you guys keep referring to? Management takeover?

bovali:
Also, they do not plan to delist after acquisition

Sunrisepebble:
Is it not just standard procedure to have a closed period anytime there’s a board meeting

ositadima1:
₦3 not ₦2, what if eh no touch ₦3 again. Na to make decision, buy and average down or follow Oga Emma to wait for ₦2 and if eh no happen, joke is on you. That is if u dey interested in dogoyaro.

Princkez:
Time will justify...leave it for us,I will load more if it comes below #3.

KarlTom:
I must have skipped this initially.

What I meant was that in recent times the reportage of such deals were not prompt. Some took as much as 2weeks or more...

Mpeace:
A refinery in Gombe how do they want to transport crude oil to Gombe? Tankers, air or what? Or can they afford to lay pipelines from the niger delta to Gombe?
They think Dangote and BUA (kano born billionaires) no know why them site their refineries in Lagos and Portharcourt respectively?

Raider76:
https://www.farooqkperogi.com/2024/11/is-port-harcourt-refinery-new-nigeria.html?m=1

KarlTom:
As previously discussed, these deals were not disclosed on the Corporate Disclosure Board...

chimex38:
Best bet for him would be export or sell to large storage facilities.

BUA, PH n Warri Refinery will take over the southern marketers when ready.

Dangote shld likely begin now to capture the regional-based marketers majorly in the North to help gain local market but with the large distance between Lagos n Northern states costing time n money, kaduna Refinery will be the go-to centre when it begins operation..

Truly, he may be limited locally in the long-run.

Just a forecast

megawealth01:
The lucrative one will go to Oando?

Raider76:
Use this as lesson learned and apply it to the many similar chances that will come your way.

Teenaira:
Oga, amend your sentence. Change the love to capital letters. Thank you already.

pluto09:
Government owned refinery cannot complete with a private one. The only way NNPC will sell at lower price is by subsidy either at the level of crude input or petrol output
The best bet will be to privatize it or sell it out outrightly .

Agbalowomeri:
Omo dem go finish Dangote

BabsO2:
At current exchange rate and oil prices, petrol cannot sell for N500. If oil prices go down to $30s then N500 is possible if the exchange rate stays fixed. If exchange rate also improves to N900/$ then even at current oil prices N500 will petrol be.

BHG:
https://thenationonlineng.net/ph-refinery-petrol-only-for-nnpcl-outlets/

megawealth01:
PH Refinery: 200 Trucks Load Daily, 150,000BPD...

https://punchng.com/ph-refinery-200-trucks-load-daily-150000bpd-eleme-plant-dormant/

The oil battle don start